Daily Banking Awareness Quiz | 15, 16 and 17 January 2023

How many social audit standards have been recently issued by Institute of Chartered Accountants of India (ICAI)?

Wholesale inflation declined to _________ in December.

Which of the following countries has become India’s fourth largest source of imports in April-December 2022?

India’s goods exports in December 2022 declined to ____________.

RBI’s report “State Finances: A Study of Budgets of 2022-23” says that states’ debt is budgeted to ease to _______ of GDP in 2022-23

Financial Services Institutions Bureau (FSIB) has recommended the name of Debadatta Chand for the post of MD & CEO in which of the following bank?

Consider following statements regarding recently issued directions on “Acquisition and Holding of Shares or Voting Rights in Banking Companies”.

1. Reserve Bank may also permit higher shareholding of promoters on a case-to-case basis.

2. While allowing higher shareholding, RBI may impose conditions as deemed fit.

3. The concerned banking company is required to furnish its comments along with a copy of the relevant board resolution and information specified in the directions to the RBI within 30 days.

Which of the above statements is/are correct?  

Government pays incentive to banks as a percentage of the value of RuPay Debit card transactions and low-value BHIM-UPI transactions up to _______.