38th Bengaluru Weekly Quiz

The government is considering allowing higher fines on banks for not complying with regulatory guidelines amid concerns that the current penalty amounts may not act as effective deterrents for large organisations or repetitive offenders. The current fines ranges from Rs. 1 lakh to Rs. 1 crore. In order to increase the penalties, GoI should amend which act?

 

i.        RBI Act ii. BR Act iii.  P&S Act iv. FEMA Act

• Only (i)

• Only (ii)

• Both (i) and (ii)

• All the above

According to recent RBI data, India is facing a growing wave of financial fraud. Even with safeguards in place, scammers continue to trick individuals into revealing personal information, leading to substantial financial losses. Among the rising threats, which is the most prevalent one?

• Phishing scams

• OTP related scams

• Fake calls scams

• All the above

Which company was awarded the first Environmental, Social, and Governance (ESG) rating by ICRA ESG, in India this fiscal?

• InCred

• Tata Capital

• Jio Financial Services

• Bajaj Housing Finance

As of now, the shares from such issues are available only after about two weeks from the record date. Record date is the cut-off date that the issuer company considers to decide which shareholders are eligible for a bonus issue. As per the latest circular all bonus issues announced on or after October 1 will be made available for trading after how many days after the record date? (T is record date)

• T+2 days

• T+3 days

• T+5 days

• T+1 day

Which state government has launched ‘Subhadra Yojana’, a new direct benefit transfer scheme for women through which beneficiaries will have the option to receive Rs.10,000/- annually in Central Bank Digital Currency (CBDC)?

• Karnataka

• Chattisgarh

• Odisha

• Punjab