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Quiz on news updates 08-03-2024

Authored by Bankersofficerkatta Bankersofficerkatta

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Professional Development

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Quiz on news updates 08-03-2024
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the SWAMIH fund?

To conduct raids in Rajasthan and Maharashtra

To manage fresh debt public issues

To provide finance for completion of stressed housing projects

To offer special discounts on women's accounts

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank announced special offers for women account holders on International Women's Day?

Zerodha

UCO Bank

Axis Bank

Bank of Baroda

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Moody's, what will be the system-wide return on assets (ROA) in fiscal 2024-25?

1.1%

1.5%

2.0%

0.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the amount of suspicious IMPS transactions reported at UCO Bank?

Rs 500 crore

Rs 1,000 crore

Rs 700 crore

Rs 820 crore

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which entity was barred from managing fresh debt public issues due to alleged rule violations?

JM Financial

Zerodha

Axis Bank

UCO Bank

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the RBI direct lenders to establish a mechanism for monitoring in relation to business credit cards?

End use of funds

Interest rates

Customer data sharing

Late payment charges

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which two central banks signed a memorandum of understanding to promote the use of local currencies for cross-border transactions?

RBI and UCO Bank

RBI and Bank of Baroda

RBI and Bank of Indonesia

RBI and Axis Bank

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