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GK MCQs Section

Page-8 of Topic: Financial services

Uma Shankar

Uma Shankar Singh (born 2 January 1971) is an Indian politician from the state of Uttar Pradesh. He is a senior leader of the Bahujan Samaj Party (BSP)...

December 13, 2017

Axis Bank launches ripple-powered instant payment service for retail and corporate customers

Private sector lender Axis Bank has recently launched instant international payment services using Ripple’s enterprise blockchain technology solution for retail and corporate customers. The bank has launched a...

November 27, 2017

Urjit Patel appointed as advisory board member of Financial Stability Institute (FSI) of BIS

RBI Governor Urjit Patel has been appointed as advisory board member of the Financial Stability Institute (FSI) of the Bank of International Settlement (BIS). The FSI assists financial...

November 16, 2017

RBI to make LEI compulsory for companies with over Rs 5 crore exposure

The Reserve Bank of India (RBI) will soon make Legal Entity Identifier (LEI) compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore. Before...

October 25, 2017

Suresh Sethi appointed as new MD & CEO of India Post Payments Bank (IPPB)

Suresh Sethi, the former MD of Vodafone M-Pesa Ltd., has been appointed as the new Managing Director & Chief Executive Officer (MD & CEO) of India Post Payments...

October 25, 2017

The Asian Development Bank (ADB) to increase annual lending to India to a maximum of $4 billion for 2018-22

The Asian Development Bank (ADB) will increase its annual lending to India to a maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic transformation...

September 28, 2017

The Asian Development Bank (ADB) downgraded India’s GDP growth forecast for FY18 from 7.4% to 7%

The Asian Development Bank (ADB) has downgraded India’s GDP growth forecast to 7% from 7.4% for financial year 2017-18 due to weakness in private consumption, manufacturing output and...

September 26, 2017

B Sambamurthy appointed as new interim chairman of National Payments Corporation of India (NPCI)

B Sambamurthy, the former Director and CEO of the Institute for Development and Research in Banking Technology (IDRBT), has been appointed as new interim Chairman of the National...

September 21, 2017

The Reserve Bank of India (RBI) approves Spice Digital to process bill payments under BBPS

The Spice Digital Limited (SDL) has received the final licence from the Reserve Bank of India (RBI), to process bill payments as a Bharat Bill Payment Operating Unit...

August 28, 2017

Tarun Ramadorai committee recommended that banks should link home loan rates to repo rate

The Reserve Bank of India (RBI) appointed committee on Household Finance has recently recommended that banks should link their home loan rates to the RBI’s repo rate, the...

August 27, 2017

Canara bank launched two digital products: Bharat QR and Bharat Bill Payment System (BBPS) for online payments

The Canara Bank has recently launched two digital products: ‘Bharat QR’, a platform for payment settlement at merchant locations, and Bharat Bill Payment System (BBPS) is an integrated...

August 14, 2017

The Union Government to launch a new sub-scheme “AGEY” as part of DAY– NRLM

The Government of India will soon launch a new sub-scheme named “Aajeevika Grameen Express Yojana (AGEY)” as part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission...

August 14, 2017

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