The regulator National Housing Bank (NHB) has approved the merger of which company with IDFC Bank?

Q. The regulator National Housing Bank (NHB) has approved the merger of which company with IDFC Bank? A.  5Paisa Capital Ltd B.  Abhinav Capital Services Ltd C. Capital First Ltd D. A F Enterprises Ltd Answer: C. Capital First Ltd Capital First on 20th February 2018 said the regulator National Housing Bank (NHB) has approved the merger of the … Continue reading The regulator National Housing Bank (NHB) has approved the merger of which company with IDFC Bank?

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Q.  For redressal of complaints against non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) launched the ‘Ombudsman Scheme’ for NBFCs. In this respect, a complainant can appeal to ombudsman only if she had not received any reply within a period of _________ after the NBFC received her representation.

Q.  For redressal of complaints against non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) launched the 'Ombudsman Scheme' for NBFCs. In this respect, a complainant can appeal to ombudsman only if she had not received any reply within a period of _________ after the NBFC received her representation. A. fifteen days B. six weeks … Continue reading Q.  For redressal of complaints against non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) launched the ‘Ombudsman Scheme’ for NBFCs. In this respect, a complainant can appeal to ombudsman only if she had not received any reply within a period of _________ after the NBFC received her representation.

Which is the 5th company to start operating as a Payment Bank in India as of 27th February 2018?

Q. Which is the 5th company to start operating as a Payment Bank in India as of 27th February 2018? A. Fino PayTech Ltd B. Vodafone M-Pesa Ltd C. Aditya Birla Idea Payments Bank Ltd D. National Securities Depository Ltd Answer: C. Aditya Birla Idea Payments Bank Ltd Aditya Birla Idea Payments Bank Ltd (ABIPBL) has gotten the approval of … Continue reading Which is the 5th company to start operating as a Payment Bank in India as of 27th February 2018?

Who is the chairman of the expert committee constituted by the Reserve Bank of India (RBI),  to look into the issues relating to classification of bad loans, rising incidents of frauds and effectiveness of audits?

Q. Who is the chairman of the expert committee constituted by the Reserve Bank of India (RBI),  to look into the issues relating to classification of bad loans, rising incidents of frauds and effectiveness of audits? A. M Narasimham B. Arvind Subramanian C. Y H Malegam D. Bharat Doshi Answer: C. Y H Malegam Yezdi Hirji Malegam, an 84-year-old chartered accountant … Continue reading Who is the chairman of the expert committee constituted by the Reserve Bank of India (RBI),  to look into the issues relating to classification of bad loans, rising incidents of frauds and effectiveness of audits?

Planning Commission of India was established in

Q. Planning Commission of India was established in A. 1947 B. 1950 C. 1951 D. 1949 Answer: B. 1950  Planning Commission of India was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman. Authority for the creation of the Planning Commission was not derived from the Constitution of India or statute; it … Continue reading Planning Commission of India was established in

Who has the sole right to issue paper currency in India?

Q. Who has the sole right to issue paper currency in India? A. The Government of India B. The Finance Commission C. The Reserve Bank of India D. The Central Bank of India Answer: C. the Reserve Bank of India The Reserve Bank of India has the sole right to issue paper currency in India. … Continue reading Who has the sole right to issue paper currency in India?

Current Affairs One Liners – 18 January 2017

Hello friends, today I am sharing with you all the questions posted yesterday with answers as  Oneliner. Remembering these questions will be helpful in your exam. 1. Who are the present deputy governors of the Reserve Bank of India? - Shri N. S. Vishwanathan, Dr. Viral V. Acharya, Shri B.P. Kanungo 2. Legislation to set up … Continue reading Current Affairs One Liners – 18 January 2017

Mixed Quiz – 17 January 2018

Q1. DANX-17, the five day exercise started on 20 Nov 2017 and culminated on 24 Nov 2017. The exercise was held at A. Manipur B. Rajasthan C. Andaman and Nicobar  D. Colombo Answer: C. Andaman and Nicobar    Learn more: http://www.timesnownews.com/india/video/in-a-clear-message-to-china-india-concludes-massive-military-exercise-off-andaman/132326 Q2. Dilip Asbe was recently appointed as the Managing Director and CEO of A. Air India … Continue reading Mixed Quiz – 17 January 2018

Current Affairs-21 December 2017

Choose the correct answer from the given options: Q1. According to a recent news, the state government of Kerala did not recommend Vellayani lake for funds under the central government’s National Wetland Conservation Programme (NWCP). Vellayani lake is located in which of the following place? A. Kottayam B. Alapuzha C. Thiruvananthapuram D. Kozhikode Q2. Recently the Centre made a … Continue reading Current Affairs-21 December 2017

Banking Awareness Practice Questions with Answers

Banking and Economic Awareness-Set 01

Q1. CRISIL, the largest credit rating agency in India was established in A. 1985 B. 1987 C. 1992 D. 1994 Answer: B. 1987 CRISIL short for Credit Rating Information Services of India Limited was the first credit rating agency set up in India on January 29, 1987. The agency started operations in 1988.  At the time … Continue reading Banking and Economic Awareness-Set 01