Quiz on news 06-03-2024

Which banking institution has tapped the bulk deposit market aggressively resulting in the outstanding certificates of deposit rising to a decadal high?

• Reserve Bank of India

• ICICI Bank

• HDFC Bank

• State Bank of India

How much did the outstanding CDs in the banking system rise to, according to Reserve Bank of India data?

• ₹2.5 lakh crore

• ₹5.75 lakh crore

• ₹3.81 lakh crore

• ₹4.2 lakh crore

Which bank was barred by the Reserve Bank of India from undertaking any form of business in shares and bonds funding due to regulatory violations and governance lapses?

• ICICI Bank

• Axis Bank

• JM Financial Products

• HDFC Bank

Which company raised ₹7,000 crore from Reliance Industries, Axis Bank, and State Bank of India for expansion and repaying high-cost debt?

• IIFL Finance

• Tata Motors

• Alok Industries

• Reliance Capital

Which standalone health insurance company achieved the milestone of settling more than 1 crore claims since its inception in 2006?

• Apollo Munich Health Insurance

• Max Bupa Health Insurance

• Star Health and Allied Insurance Company Ltd.

• Religare Health Insurance

What was the reason for the decline in Indian shares on March 5, 2024?

• Concerns over near-term earnings in the IT sector

• Tata Motors' announcement

• Rise in IT stocks

• Positive momentum in the auto sector

What is the expected credit growth sector-wide in FY25 according to Union Bank chief Manimekhalai?

• 11-12%

• 17-18%

• 14-15%

• 8-9%

Which index included Indian government bonds in its Emerging Market Local Currency Government Index?

• Bloomberg

• S&P

• JP Morgan

• Moody's

What is the total number of banks facilitating people to search their unclaimed deposits/accounts through the UDGAM portal?

• 35

• 30

• 20

• 25

What is the expected growth rate of the microfinance industry in FY24?

• 25%

• 20%

• 30%

• 15%