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Daily Banking Awareness Quiz | 9, 10 and 11 August 2023

Question 1

In August 2023, RBI has placed a fine on how many co-operative banks from Maharashtra for deficiencies in regulatory compliance?

Question 2

Which payments bank has launched India’s first eco-friendly debit card?

Question 3

How much amount did public sector banks and five major private sector banks collect since 2018 in charges of additional ATM transactions and SMS Services and for not maintaining minimum balance in accounts?

Question 4

Consider the following statements regarding regulations for infrastructure debt fund (IDF).

1. RBI has withdrawn requirement of a sponsor for setting up an infrastructure debt fund (IDF).

2. RBI has permitted IDFs to finance Toll Operate Transfer (ToT) projects as direct lenders.

3. RBI has also permitted IDFs to access ECBs (external commercial borrowings) to raise funds.

Which of the above statements is/are correct?

Question 5

Protean eGov Technologies Limited and _____________ have entered into partnership for providing credit services on the ONDC network for last-mile borrowers and MSMEs.

Question 6

Which of the following companies has appointed Vaibhav Taneja as its Chief Financial Officer (CFO)?

Question 7

Per transaction limit for UPI Lite has been increased by RBI to 500 rupees. What was the earlier limit?

Question 8

Recently, RBI has said banks will maintain an incremental Cash Reserve Ratio (ICRR) of ____ on the increase in their deposits between May 19 and July 28.

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