Daily Banking Awareness Quiz | 6, 7 and 8 January 2024

Services PMI has grown from 56.9 in November to _____ in December.

India’s forex reserves increased to the highest level in last 21 months. Forex increased $2.759 billion to ___________ in the week ended December 29, 2023.

Businesses with annual revenues more than ___________ will not be able to issue e-way bills for business-to-business transactions without incorporating e-invoice details starting from March 1.  

SEBI Board’s November 2023 decision to extend the requirement of mandatory appointment of custodians by Alternate Investment Funds (AIFs) to schemes with corpus less than or equal to ______ has become effective from January 5.

Discrepancies of how much amount have been recorded in GDP numbers for FY24?

Definition of politically-exposed persons (PEPs) has been revised by RBI for KYC purposes. Consider the following statements regarding this.

1. This step will make it easier for these people to carry out various banking transactions, including availing loans.

2. In the earlier norm, PEPs were open-ended and there was a lack of clarity on the definition.

3. In the new KYC norms, PEPs have been defined as “individuals who are or have been entrusted with prominent public functions by a foreign country”.

Which of the above statements is/are correct?

UN report has reduced India's 2024 GDP growth forecast to what percentage?

Who has been appointed as Executive Director by SEBI?