Quiz on News Updates 16.03.2024

Which bank is set to transfer its point of sales terminals to RBL Bank?

• Paytm Bank

• Axis Bank

• HDFC Bank

• ICICI Bank

How much is the overall hike in wage bill approved for LIC employees?

• 20%

• 17%

• 14%

• 10%

What is the focus of the top management of regulated entities as per RBI's directive?

• Market expansion

• Customer centric approach

• Profit maximization

• Cost cutting

Which state did Muthoot Microfin announce its entry into?

• Andhra Pradesh

• Telangana

• Tamil Nadu

• Kerala

Who has been appointed as the Group President of Kotak Mahindra Bank?

• Uday Kotak

• Aditya Puri

• Shripal Shah

• Jaideep Hansraj

What is the reason behind RBI's strategic increase in gold reserves?

• To stabilize gold prices

• To support gold mining industry

• To invest in gold market

• To hedge against foreign currency risks

Which rating agency upgraded the long-term rating on InCred Finance to 'AA-/Stable'?

• ICRA

• CRISIL Ratings

• Fitch Ratings

• CARE Ratings

How much liquidity did RBI infuse into the banking system through Variable Rate Repo auction?

• Rs 50,000 crore

• Rs 100,000 crore

• Rs 75,000 crore

• Rs 125,000 crore

What is the expected growth rate of the non-life insurance market in the medium term?

• 18-20%

• 5-7%

• 10-12%

• 13-15%

What is the coupon rate at which Kerala Financial Corporation raised funds through NCD issue?

• 8.50%

• 9.25%

• 8.00%

• 8.89%