Business, Economy & Banking Current Affairs MCQs

41. Recently, which US bank has received a license from the IFSC Authority to set up its banking unit at India’s first International Financial Services Centre at GIFT City?

[A] Citibank
[B] Bank of America
[C] Chase Bank
[D] Capital One

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42. With which organization, Capital Float has partnered to extend its buy now pay later (BNPL) solution?

[A] Bank of Baroda
[B] Razorpay
[C] State Bank of India
[D] Paytm

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43. Which organization has launched a new initiative called the Small Business Loans Initiative?

[A] Facebook
[B] Google
[C] State Bank of India
[D] Bank of Baroda

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44. Under EASE3.0, which bank has won the award for the best improvement from the baseline performance?

[A] Canara Bank
[B] Punjab National Bank
[C] Indian Bank
[D] Union Bank of India

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45. Which insurance company is set to take over 100% stake in Exide Life Insurance?

[A] LIC
[B] NIA
[C] HDFC Life
[D] SBI Life

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46. Which Digital payments firm recently launched India’s first interactive platform with data on digital payments?

[A] PhonePe
[B] PayTm
[C] BharatPe
[D] Mobikwik

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47. Who has been appointed as the managing director (MD) of Export-Import Bank of India (EXIM Bank)?

[A] Harsha Bhupendra Bangari
[B] Harsh Kumar Bhanwala
[C] Sivasubramanian Ramann
[D] Ajay Tyagi

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48. Which bank has launched real-time online tracking for cross-border collections for businesses in India?

[A] HDFC Bank
[B] Indian Bank
[C] Bank of Baroda
[D] DBS Bank

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49. Which organization has launched ‘UniTransact,’ a digital proposition aimed at simplifying cross-border transactions?

[A] HSBC India
[B] State Bank of India
[C] Bandhan Bank
[D] Deutsche Bank

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50. Which bank/institution conducted a study titled “Prospects for Enhancing India Japan Trade Relations”?

[A] State Bank of India
[B] Reserve Bank of India
[C] Exim Bank
[D] NABARD

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The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year. Download Now
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