Daily Banking Awareness Quiz | 19, 20 and 21 September 2023

India Ratings & Research (Ind-Ra) has raised India’s GDP growth forecast for FY24 to ______.

SEBI has imposed _______ fine on former promoters of DHFL for disclosure lapses.

India’s Gross Fixed Capital Formation (GFCF) currently stands at ______ of GDP.

Non-life insurers’ premium declined ______ in August 2023 after 10 months of growth.

Consider the following statements regarding the number of deposit-taking NBFCs as per data from RBI’s Handbook of Statistics on the Indian Economy for FY23.

1. The number of deposit-taking NBFCs has reached at a record low level of 34 in FY23.

2. The number of deposit-taking NBFCs was 69 in pre-pandemic FY20.

3. The sharpest decline was in FY19.

Which of the above statements is/are correct?

NIM or net interest margin declined to an all-time low of _____% for the wholesale banking business.

India’s net direct tax collection during the period between April 1 and September 16, 2023, was Rs 8.65 lakh crore. This is _______ higher than the corresponding period of last year.

The government has decided to increase the gratuity limit from ₹ 3 lakh to ________ for LIC agents.