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Daily Banking Awareness Quiz | 18, 19 and 20 October 2022

Question 1

Which of the following statements is/are correct with regard to an article in the RBI’s latest monthly bulletin?

1. As per the article, total borrowings of the household sector from institutional sources have increased by 28.3% between March 2019 and September 2021.

2. The share of personal loans in total credit to Households has risen steadily in recent years.

3. The share of Household savings in gross domestic savings (GDS) increased to 78.5% in 2020-21.  

Select correct answer using the following codes.

Question 2

Consider following statements regarding Digital Banking Units (DBUs).

1. Canara Bank recently inaugurated five Digital Banking Units (DBUs).

2. A DBU is a virtual cloud-based space in the identified district hosted by the anchor bank.

3. In DBU, banking services provided through digital modes/channels in a paperless environment.

Which of the above statements is/are correct?

Question 3

Which of the following has appointed Atanu Chakraborty as the Independent Chairman of its Board?

Question 4

Competition Commission of India (CCI) has imposed a monetary penalty of Rs 168.88 crore on which of the following?

Question 5

In October 2022, which of the following banks has launched a term deposit scheme as a precursor to its centenary year in 2023-24?

Question 6

Global rating agency Fitch estimated that India’s current account deficit in the fiscal year ending March 2023 (FY23) will reach _____ of GDP.

Question 7

As part of FSSAI tightening labeling norms, the minimum amount of specialty Ingredient (grains other than wheat) in case of multigrain bread shall be minimum _____ in the first year of enforcement.

Question 8

India's defence exports have increased ______ times in the last five years.

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