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Daily Banking Awareness Quiz | 15, 16 and 17 October 2022

Question 1

Consider following statements regarding recently issued Reserve Bank of India (Unhedged Foreign Currency Exposure) Directions, 2022.

1. The directions shall come into force from January 1, 2023.

2. The banks shall ascertain the Foreign Currency Exposure (FCE) of all entities at least on an annual basis.

3. The Circular containing directions is applicable to all banks.

Which of the above statements is/are correct?

Question 2

Which of the following shall act as nodal point for receiving applications under Inter-operable Regulatory Sandbox (IoRS)?

Question 3

Which bank has launched first Digital Banking Unit at Chalakudy in Thrissur district of Kerala?

Question 4

DICGC recently rejected banks’ request to exempt certificates of deposit from deposit insurance coverage. How much insurance premium per ₹100 of deposit do the banks currently pay?

Question 5

India’s goods exports in September 2022 increased 4.82% (year-on-year) to ____________.

Question 6

According to CII-EY report, India has the potential to attract FDI flows of ________ in next five years.

Question 7

WPI inflation eased to 18 month low of ____ in September 2022

Question 8

Consider following statements.

1. PM Modi dedicated 75 Digital Banking Units across 75 districts to the country on October 16.

2. Eleven Public Sector Banks are participating in this initiative of Digital Banking Units.

3. Indian Army has signed a historic MoU with 11 Banks for providing banking facilities to Agniveers on enrollment.

Which of the above statements is/are correct?

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