Important Current Affairs Quiz for Bank Mains Exams 2021- 21st October

Q1. Which of the following has launched a strategic campaign titled – #FollowPaymentDistancing to promote and encourage contactless payments among customers?
(a) RBI
(b) NPCI
(c) RuPay
(d) Visa card
(e) None of the above

Q2. According to Asiamoney 2021 Poll which bank has received the most votes in India to win awarded the ‘Overall Most Outstanding Company in India?
(a) State Bank of India
(b) HDFC Bank
(c) ICICI Bank
(d) Federal Bank
(e) None of the above

Q3. Life Insurance Corporation of India (LIC) has launched a new mobile app ‘PRAGATI’ for the exclusive use of its Development Officers. What is the meaning of abbreviation ‘G’ in ‘PRAGATI’?
(a) Guarantee
(b) Governance
(c) Gratuity
(d) Growth
(e) None of the above

Q4. Name the digital payments platform which has received an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI).
(a) GooglePay
(b) Paytm
(c) Mobikwik
(d) PhonePe
(e) None of the above

Q5. The Indian digital payments provider BillDesk has been acquired merged with which of the following?
(a) Infibeam
(b) PayU
(c) Paytm
(d) PayPal
(e) None of the above

Q6. How many merchant bankers have been appointed by the government of India for managing the Initial Public Offering of Life Insurance Corporation of India (LIC)?
(a) 20
(b) 15
(c) 10
(d) 7
(e) None of the above

Q7. NTPC has commissioned the largest floating solar PV project in India of 25MW power on the reservoir of its Simhadri thermal station. Simhadri thermal station is located in which of the state?
(a) Karnataka
(b) Odisha
(c) Telangana
(d) Andhra Pradesh
(e) None of the above

Q8. Flipkart, India’s leading e-commerce platform, has unveiled the introduction of ‘Flipkart Boost,’ an integrated initiative designed to help new era digital-first consumer companies. Where is headquarter of Flipkart located?
(a) Bengaluru
(b) Mumbai
(c) Pune
(d) Hyderabad
(e) None of the above

Q9. Which of the company has launched the mobile application of its digital paperless solution, “ANANDA” for its agents?
(a) SBI Life
(b) IRDAI
(c) HDFC Life
(d) LIC
(e) None of the above

Q10. Which of the following company has issued its maiden Euro Green Bond which is the first time Euro denominated green bond of India?
(a) State Bank of India
(b) Power Finance Corporation
(c) Oil and Natural Gas Corporation
(d) Adani Green Energy ltd.
(e) None of the above

Solutions

S1.Ans(c)
Sol. RuPay has launched a strategic campaign titled – #FollowPaymentDistancing to promote and encourage contactless payments among customers.

S2.Ans(b)
Sol. According to Asiamoney 2021 Poll, HDFC Bank has received the most votes among listed companies in India, leading to the bank being awarded the ‘Overall Most Outstanding Company in India.

S3.Ans(d)
Sol. PRAGATI stands for “Performance Review Application, Growth And Trend Indicator”.

S4.Ans(d)
Sol. Flipkart-owned digital payments platform PhonePe has received an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI).

S5.Ans(b)
Sol. Netherlands-based Prosus NV has announced to acquire the Indian digital payments provider BillDesk and merge it with its own fintech service business PayU.

S6.Ans(c)
Sol. The government of India has appointed 10 merchant bankers for managing the Initial Public Offering of Life Insurance Corporation of India (LIC).

S7.Ans(d)
Sol. NTPC has commissioned the largest floating solar PV project in India of 25MW power on the reservoir of its Simhadri thermal station in Visakhapatnam, Andhra Pradesh.

S8.Ans(a)
Sol. Flipkart, India’s leading e-commerce platform, has unveiled the introduction of ‘Flipkart Boost. It hq is located at Bengaluru.

S9. Ans(d)
Sol. The Life Insurance Corporation of India (LIC) has launched the mobile application of its digital paperless solution, “ANANDA” for LIC agents.

S10.Ans(b)
Sol. The leading power sector NBFC, Power Finance Corporation Ltd (PFC), successfully issued its maiden Euro Green Bond. The 7-year Euro 300 million Bond has been priced at 1.841 per cent.