Daily Banking Awareness Quiz 4 and 5 May 2021

Question 1

As per Income Tax Department’s notification, threshold amount of aggregate payments from transaction by a non-resident with any person in India shall be-

A

One crore rupees

B

Two crore rupees

C

Three crore rupees

D

Four crore rupees

E

Five crore rupees

Question 2

Raman Meenakshi Sundaram has been appointed as Director of __________________.

A

Indian Institute of Rice Research (IIRR)

B

Indian Institute of Potato Research (IIPR)

C

Indian Institute of Spice Research (IISR)

D

Indian Institute of Chili Research (IICR)

E

Indian Institute of Wheat Research (IIWR)

Question 3

With which of the following did Indian Bank sign Memorandum of Understanding (MoU) in April 2021?

A

Antrix Corporation

B

BEML Limited

C

BSNL

D

Central Warehousing Corporation

E

Coal India

Question 4

RBI has imposed a fine of Rs. 25.50 lakh on ________________for non-compliance with its guidelines.

A

HDFC Bank Limited

B

Bajaj Finserv Limited

C

Mahindra & Mahindra Financial Services Limited

D

Jumbo Finvest (India) Ltd

E

Power Finance Corporation Ltd.

Question 5

Who has recently become Director, Ratings at Brickwork Ratings?

A

Atanu Chakraborty

B

Sashidhar Jagdishan

C

Ramya A Muraledharan

D

Sanjiv Bajaj

E

Ravinder Singh Dhillon

Question 6

In April 2021, RBI has imposed Rs 3 crore penalty on ________________.

A

ICICI Bank

B

Axis Bank

C

HDFC Bank

D

IDBI Bank

E

Bank of India

Question 7

Which of the following introduced Significant Economic Presence (SEP)?

A

Finance Act 2017

B

Finance Act 2018

C

Finance Act 2019

D

Finance Act 2020

E

Finance Act 2021

Question 8

Rs 3 crore penalty has been imposed by RBI on ICICI Bank. Who is the MD & CEO of ICICI Bank?

A

Sandeep Bakhshi

B

Girish Chandra Chaturvedi

C

Pravin Kumar Purwar

D

Padmaja Chunduru

E

Dheeraj Sanghi

Daily Banking Awareness Quiz | 4 and 5 May 2021

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