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Daily Banking Awareness Quiz | 22 and 23 September 2023

Question 1

Ministry of Corporate Affairs has extended the tenure of Company Law Committee (CLC) by a period of ______________.

Question 2

RBI has introduced Basel-III capital framework for All India Financial Institutions (AIFIs). AIFIs shall maintain a minimum total capital of _____ by April 2024.

Question 3

Which of the following statements is/are correct regarding “ONDC Network Gift Card” recently launched by Open Network for Digital Commerce (ONDC)?

1. The ONDC Network Gift Card is same as traditional gift cards.

2. It can be loaded with a maximum amount of ₹10,000.

3. It is powered by Rupay Network.

Select the correct answer using the following codes.

Question 4

India’s foreign exchange reserves declined to a four month low level of ____________ as of September 15.

Question 5

IBBI has notified changes to CIRP regulations. The timeline for filing claims has been extended until the issuance of the request for resolution plans or ________ days from the insolvency commencement date, whichever is later.

Question 6

JPMorgan Chase & Company (JPM) will add Indian government bonds to its benchmark emerging market bond index from June 28, 2024. India's weighting on the index will be a maximum of _____.

Question 7

Annual financial liabilities of households rose by __________ of GDP in FY23.

Question 8

According to Draft Master Direction on Treatment of Wilful Defaulters and Large Defaulters, banks and other lenders must examine all accounts with an outstanding balance of ___________ or more.

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