Banking Current Affairs

Current Affairs is a valuable section of any banking exam. All candidates studying for their exams should be fully prepared for this segment. This can be achieved by keeping alert about the current events in the nation and worldwide, thereby equipping your practice for the Banking current Affairs exam.

The banking aspect in exams contains questions associated with terms in Banking, Banking History, Banking products Marketing, Importance of Banks, Banks taglines, Banking schemes, bank headquarters, banking committees, news related to banking, banking apps.

Banking Current Affairs

Banking Current affair is a component of the General Awareness division, and aspirants ought to score the highest in this area. It does not require long numbers and explanations but questions about the banking aspects of one’s country and worldwide. . 

Banking Current Affairs PDF:

• Federal Bank, a Private district lender, has started a savings bank merchandise for women. The savings proposal is named Mahila Mitra Plus and gives a curated bunch of details intended to make Financial planning and bargains are simple for women.
• Punjab National Bank (PNB) started the PNB Pride-CRMD module equipment, an android application for workers to effectively track the SMA (special mention account) borrowers. The PrideCRMD module has in-built TalkBack software enabling the visually deformed to enter the network quickly and discuss with clients through their phones.

• PPB (Paytm Payments Bank) has been provided the expected bank prestige by the Indian Reserve Bank. The bank was added in the following Schedule  to the Indian Reserve Bank in 1934, and the permission will enable it to bring more monetary assistance and developments. 
• The Federal Bank has joined a Bancassurance alliance with Allied Insurance and Star Health Co Ltd as a corporate agency to give health insurance outputs for the Bank’s 8.90 million clients all over India.
• RBI (Reserve Bank of India) made LEI (Legal Entity Identifier) necessary for cross-border trades for current or capital account of Rs 60 crore and beyond. The Legal Entity Identifier is a 20-digit sum helpful in identifying parties to financial deals worldwide to enhance the quality and exactness of financial data systems.
• RBI  (Reserve Bank of India) has submitted a quick curative action frame for prominent NBFCs (Non-Banking Financial Companies), putting limitations on para-banks whenever important monetary metrics dip below the prescribed boundary.
• ESFB (Equitas Small Finance Bank) has been announced as th ebanking member of the state government of Maharashtra to give its services to workers of the State Government. SouthIndian and Bandhan Bank has been appointed the role of dispensing incomes and incomes to the state workers.
• PPB (Paytm Payments Bank) has collaborated with MoneyGram, to allow worldwide reserve transfer instantly to Paytm Wallet. MoneyGram users abroad can  send cash to any KYC-compliant Paytm wallet (Know Your Customer) (KYC).

MoneyGram agreements in India accepted digitally survive at almost 50 percent of all deals collected. This is MoneyGram’s first portable wallet union in India.

Banking Current Affairs MCQ

 Banking Current Affairs MCQ:

1. The Economy GPS Index is published by which group?

(A) SBI

(B) FICCI

(C ) RBI

(D)  PHDCCI

Ans – PHDCCI

2. What is the services tax rate and uniform Goods on materials, clothes, and footwear, from January 2022?

(A) 12

(B) 18

(C) 8

(D) 5

Ans – 12

3. Who is the Chairperson of NaBFID (National Bank for Financing Infrastructure and Development)?

(A) Urjit Patel

(B) Viral Acharya

(C) Usha Thorat

(D) K.V. Kamath

Ans – K.V. Kamath

4. NSE Prime is a newly founded enterprise of the National Stock Exchange for  ……………..?

(A) Corporate Governance

(B) Grievance Redressal

(C) Investment Guidance

(D) Corporate Social Responsibility

Ans – Corporate Governance

5. Concerning the Economic Survey 2021-22, what is the approximate GDP Growth of India in 2022-23?

(A) 8.2-8.7 %

(B) 10.0 – 10.5 %

(C) 9.2-9.7 %

(D) 8.0-8.5 %

Ans – 9.2-9.7 %

6. After the February 2022 Financial Policy Committee meeting, what is the current policy repo rate?

(A) 4.25 %

(B) 4.00 %

(C) 4.50 %

(D) 3.75 %

Ans – 4.00 %

Banking Current Affairs quiz

7 Banking Current Affairs quiz:

1. Recognising Demographic transition, which state has composed a Draft policy for senior residents?

[A] Tamil Nadu

[B] Odisha

[C] Telangana

[D] Kerala

Ans – Tamil Nadu

2. Which continent is French Polynesia, an overseas collectivity of France?

[A] Oceania

[B] Africa

[C] Asia

[D] South America

Ans – Oceania

3. The name of the Tropical Storm, which made landfall in three southern African countries, is called…………?

[A] Boss

[B] Ana

[C] Sue

[D] Rina

Ans – Ana

4. Which country is the top Steel Producer globally as of 2022?

[A] China

[B] Australia

[C] THE USA

[D] India

Ans – China

5. In Asia cup 2022, the Indian Women’s Hockey Team won which position? 

[A] Second

[B] Third

[C] First

[D] Fourth

Ans –  Third

6. The institution that published the Death Penalty in India Report is……………….?

[A] NITI Aayog

[B] National Law University

[C] Supreme Court

[D] National Crime Records Bureau

Ans – National Law University

7. Which country is Masada Fortress located in? 

[A] Sri Lanka

[B] India

[C] UAE

[D] Israel

Ans – Israel

Conclusion

Current Affairs is a valuable section of any banking exam. All candidates studying for their exams should be fully prepared for this segment. Banking Current affair is a component of the General Awareness division, and aspirants ought to score the highest in this area as it does not require long numbers and explanations but questions about the banking aspects of one’s country and around the world.