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Daily Banking Awareness Quiz | 3, 4 and 5 September 2023

Question 1

Which of the following statements is/are correct?

1. Investments made by Mutual Funds in commercial papers (CPs) issued by non-bank financial companies (NBFCs) reached beyond ₹1 lakh crore.

2. This has happened for the first time in July 2023, since August 2019.

3. MFs’ investment in CPs of NBFCs accounted for 5.5% of their total debt investments as of the July-end.

Select the correct answer using following codes:

Question 2

UPI transactions crossed the ________________ milestone in August.

Question 3

Which of the following has recently received the Certificate of Registration from the RBI to start NBFC business?

Question 4

PSB Alliance Pvt Ltd plans to expand coverage of its doorstep banking services from current 100 to _______ centres next year.

Question 5

National Pension System (NPS) assets under management (AUM) crossed _______________ mark on August 25.

Question 6

Who has been rated the A+ category in the Global Finance Central Bank Report Card 2023?

Question 7

Which of the following can be at present linked to UPI (unified payments interface)?

1. Savings account

2. Overdraft account

3. Prepaid wallets

4. Credit cards

Select correct answer using the following codes:

Question 8

Directorate General of Foreign Trade (DGFT) has recently clarified _______________ qualify for pre-shipment and post-shipment credit.

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