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Banking Awareness Questions for Competitive Exams

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Q :  

Who has been appointed as the Chief Human Resources Officer of BharatPe?

(A) Smriti Handa

(B) Alvin Tse

(C) Yash Dhull

(D) Arvind Panagriya

(E) Vinay Kwatra

Correct Answer : A
Explanation :

BharatPe appoints Smriti Handa as Chief Human Resources Officer. Fintech major, BharatPe, has appointed Smriti Handa as its new Chief Human Resources Officer.


Q :  

Which of the following has appointed Nalin Negi as its new Chief Financial Officer (CFO)?

(A) Paytm

(B) Google Pay

(C) Mobikwik

(D) BharatPe

(E) Phonepe

Correct Answer : D
Explanation :
Fintech startup BharatPe has appointed Nalin Negi, the former chief financial officer of credit cards issuer SBI Card, as its CFO.



Q :  

Which of the following bank has partnered with Rupyy to offer loans for used cars?

(A) RBL Bank

(B) HDFC Bank

(C) Axis Bank

(D) IndusInd Bank

(E) ICICI Bank

Correct Answer : D
Explanation :

IndusInd Bank Partners with Rupyy to offer 100% Paperless Loans for Used-Cars.


Q :  

Which company has partnered with U GRO Capital for co-lending and supply chain financing?

(A) Rubi

(B) Prestige

(C) Vivriti

(D) Yubi

(E) Sequoia

Correct Answer : D
Explanation :

Chennai-based debt marketplace, Yubi (formerly CredAvenue) on Wednesday announced its partnership with small lending platform, U GRO Capital to enable delivery of last-mile credit to the micro, small and medium enterprises (MSMEs) in the country.


Q :  

Which insurance company has partnered with Future Generali India Insurance Company to offer dog health covers?

(A) New India Assurance

(B) Acko General Insurance

(C) Life Insurance Corporation

(D) United India Insurance

(E) Insurance Dekho

Correct Answer : E
Explanation :

Insurance start-up InsuranceDekho has partnered with Future Generali India Insurance Company to offer dog health cover and is in the process of tying up with other insurers as well. The pet insurance policy as of now has a starting premium of about ₹324 annually.


Q :  

Which of the following bank has partnered with Schwing Stetter India Pvt Ltd for financing construction equipment?

(A) UCO Bank

(B) HDFC Bank

(C) Indian Bank

(D) Union Bank of India

(E) Karnataka Bank

Correct Answer : E
Explanation :

Karnataka Bank has signed a memorandum of understanding (MoU) with SCHWING Stetter India Pvt Ltd, a construction equipment manufacturer, for financing construction equipment. The bank will be designated as a financial partner to provide loans at competitive interest rates for buying f construction equipment.


Q :  

SEBI restructures the market data advisory committee to have _____ members from 21 members.   

(A) 20

(B) 24

(C) 23

(D) 19

(E) 25

Correct Answer : A
Explanation :

Sebi's advisory committee will now have 20 members compared to the previous 21 members. MS Sahoo, Professor at National Law University, Delhi, and former chairperson of the Insolvency and Bankruptcy Board of India (IBBI) will chair the advisory committee.


Q :  

Which organization has allowed insurers to buy more perpetual bonds issued by banks and allowed them to participate in high-yield public listings?

(A) NPCI

(B) SEBI

(C) RBI

(D) IRDAI

(E) DICGC

Correct Answer : D
Explanation :
The insurance regulator has allowed insurers to buy more perpetual bonds issued by banks and permitted them to participate in the public listing of high-yielding InvITs (Investment Trusts), enhancing the capital sources for such instruments that hitherto faced growth challenges due to the lack of wider institutional ...



Q :  

Which of the following bank has partnered with Yubi for Co-lending with NBFCs?

(A) Punjab National Bank

(B) Karnataka Bank

(C) State Bank of India

(D) YES Bank

(E) HDFC Bank

Correct Answer : C
Explanation :

Yubi (earlier, CredAvenue) has partnered with the State Bank of India (SBI) to help grow the bank's co-lending portfolio. SBI will be integrated with Yubi Co. Lend, a co-lending marketplace that enables lenders to collaborate with multiple partners and disburse joint loans to the priority sector.


Q :  

Punjab and Maharashtra Co-operative Bank Limited (PMC Bank) has been merged with which bank?

(A) Ujjivan Small Finance Bank

(B) Fincare Small Finance Bank

(C) Shivalik Small Finance Bank

(D) Unity Small Finance Bank

Correct Answer : D
Explanation :

The RBI informed that the Centre has sanctioned the merger of the Punjab and Maharashtra Co-operative Bank Ltd (PMC Bank) with Unity Small Finance Bank Ltd (USFBL).


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