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Daily Banking Awareness Quiz | 17, 18 and 19 February 2024

Question 1

Which of the following statements is/are correct regarding changes brought by PFRDA?

1. The Prevention of Money Laundering Act (PMLA) now covers pension funds due to the changes brought by PFRDA.

2. A concept known as "fit and proper" criterion has been adopted for Principal Officers of the pension fund and the sponsor.

3. It has recently implemented strict guidelines on the calculation of net asset value for pension fund plans.

Select the correct answer using the following codes.

Question 2

In January 2024, crude oil imports into India stood at ________________. 

Question 3

Government raised authorised capital of Food Corporation of India (FCI) from ₹10,000 crore to _______________.

Question 4

LIC has launched Amritbaal insurance plan for children. How much is the minimum sum assured for this plan?

Question 5

Pradeep Kumar Sinha will take charge as Non-Executive Part-time Chairman of which of the following banks?

Question 6

In which year was Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) launched?

Question 7

South Indian Bank received the ‘Best Technology Bank of the Year award’ at the ______ IBA Annual Banking Technology Conference.

Question 8

Reserve Bank of India and ___________ Rastra Bank signed a pact for UPI-NPI linkage.

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