Important Current Affairs Quiz for Bank Mains Exams 2022- 01st March

Q1. Which bank has launched an ‘Agri Infinity’ programme for digital financing solutions in the food and agriculture sector ecosystem by mentoring entrepreneurial ventures in this field?
(a) ICICI Bank
(b) Punjab National Bank
(c) Yes Bank
(d) Federal Bank
(e) None of the above

Q2.Who has launched the first colour souvenir coin on ‘Panchtantra’ on the occasion of the 17th foundation day of Security Printing and Minting Corporation of India Limited?
(a) Nirmala Sitharaman
(b) Shaktikanta Das
(c) Anurag Singh Thakur
(d) Narendra Modi
(e) None of the above

Q3.Which of the following bank has become the world’s first bank to set up shop in the metaverse?
(a) Goldman Sachs
(b) HDFC Bank
(c) Federal Reserve
(d) JPMorgan
(e) None of the above

Q4. RBI extended deadline for NBFCs to meet new NPA up-gradation norms. What is the new extended deadline by RBI?
(a) March 2022
(b) September 2022
(c) December 2022
(d) August 2022
(e) None of the above

Q5. Which of the following has tied-up with SBI Payments to boost digital payments infrastructure?
(a) PayPal
(b) American Express
(c) Visa
(d) Mastercard
(e) None of the above

Q6. Which of the following cautions the public against using carpooling app sRide?
(a) RBI
(b) SEBI
(c) Central Government
(d) MSME Ministry
(e) None of the above

Q7. Rakesh Sharma again appointed as MD & CEO of which of the following bank?
(a) Bandhan Bank
(b) IDBI Bank
(c) Federal Bank
(d) DBS Bank
(e) None of the above

Q8. Who has launched the ‘Union MSME RuPay Credit Card’ in association with the National Payments Corporation of India (NPCI)?
(a) IndusInd Bank
(b) Indian Bank
(c) Union Bank of India
(d) Syndicate Bank
(e) None of the above

Q9. Which country will become 1st country to deploy India’s UPI platform?
(a) Nepal
(b) Sri Lanka
(c) Bangladesh
(d) Singapore
(e) None of the above

Q10.Which bank has bagged three awards at the 17th Annual Banking Technology Conference and Awards: 2020-21 Next-Gen Banking, instituted by Indian Banks’ Association (IBA)?
(a) Bank of Baroda
(b) South India Bank
(c) Canara Bank
(d) Karnataka Bank
(e) None of the above

Solutions

S1.Ans(c)
Sol. Yes Bank has launched an ‘Agri Infinity’ programme for digital financing solutions in the food and agriculture sector ecosystem by mentoring entrepreneurial ventures in this field.

S2.Ans (a)
Sol. Finance Minister, Nirmala Sitharaman has launched the first colour souvenir coin on ‘Panchtantra’ on the occasion of the 17th foundation day of Security Printing and Minting Corporation of India Limited.

S3.Ans(d)
Sol. JPMorgan has become the world’s first bank to set up shop in the metaverse. The largest bank in the US has opened a lounge in the blockchain-based world Decentraland.

S4.Ans (b)
Sol. Reserve Bank of India (RBI) has extended the deadline for non-banking financial companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms (the norms are issued by RBI in November 2021) to September 2022 from the earlier deadline of March 2022.

S5.Ans(d)
Sol. Mastercard, as an extension of its flagship campaign ‘Team Cashless India’ along with State Bank of India Payments.

S6.Ans(a)
Sol. RBI cautions the public against using carpooling app sRide.

S7.Ans(b)
Sol. Rakesh Sharma again appointed as MD & CEO of IDBI Bank.

S8.Ans(c)
Sol. The Union Bank of India has launched the ‘Union MSME RuPay Credit Card’ in association with the National Payments Corporation of India (NPCI).

S9.Ans(a)
Sol. Nepal will become 1st country to deploy India’s UPI platform.

S10.Ans(d)
Sol. Karnataka Bank has bagged three awards at the 17th Annual Banking Technology Conference and Awards: 2020-21 Next-Gen Banking, instituted by Indian Banks’ Association (IBA).