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- Question
Which bank launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles?
Options- A. Canara Bank
- B. Axis Bank
- C. HDFC Bank
- D. State Bank of India
- Correct Answer
- State Bank of India
ExplanationOn World Earth Day- April 22, 2019 the State Bank of India (SBI) has launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles. The new scheme 'Green Car Loan' will offer loan at 20 basis points lower than the interest rate on the existing car loan schemes. The scheme comes with the longest repayment period of up to 8 years. It is thus a strategic inclusion to SBI's auto loan segment that is offered with zero processing fee for the first 6 months of the launch. SBI has already notified 100% migration to EVs (Electric Vehicles) by 2030 in order to decrease carbon footprints, thus being in line with the government's pledge of ensuring 30% EVs on road by 2030. - 1. The book "Between Two Worlds" - "The Assamese Sikhs" has been authored by whom?
Options- A. Amrit Lal Nagar
- B. Aga Shahid Ali
- C. Abhijit Bhaduri
- D. Bimal Phukan Discuss
- 2. Who is the author of the book "Mr and Mrs Jinnah: The Marriage that Shook India"?
Options- A. Teesta Setalvad
- B. Bertil Falk
- C. Sheela Redddy
- D. Audrey Truschke Discuss
- 3. Who is the author of the book "Veerappan: Chasing the Brigand"?
Options- A. Kapish G. Mehra
- B. K. Vijay Kumar
- C. Shekhar Gupta
- D. D.R. Karthikeyan Discuss
- 4. Name the author of the book titled 'The Ocean at the End of the Lane' who was recently appointed as UNHCR Goodwill Ambassador.
Options- A. Salman Rushdie
- B. Douglas Adams
- C. Julian Barnes
- D. Neil Gaiman Discuss
- 5. The book "Kalkatta" has been authored by whom?
Options- A. Kunal Basu
- B. K Satchidanandan
- C. Ernest Hemingway
- D. Venkatasubba Rao Discuss
- 6. Which public sector bank's authorized capital was increased by the central government in consultation with RBI recently?
Options- A. Canara Bank
- B. State Bank of India
- C. Bank of Baroda
- D. Allahabad Bank Discuss
- 7. Which bank launched 'YONO cash', cardless withdrawal of cash?
Options- A. Axis
- B. ICICI
- C. HDFC
- D. SBI Discuss
- 8. Which Public sector bank has tied up with city-based Srei Equipment Finance Ltd to offer joint loans for infrastructure equipment through iQuippo?
Options- A. Canara Bank
- B. Indian Bank
- C. State Bank of India
- D. Bank of Baroda Discuss
- 9. RBI allows HDFC Bank to hold how much percent in Bandhan Bank?
Options- A. 9.9
- B. 8.4
- C. 12
- D. 18.6 Discuss
- 10. How much billionis accepted by Reserve Bank of India(RBI) from banks at its currency swap auction to ease liquidity?
Options- A. $2 billion
- B. $4 billion
- C. $5 billion
- D. $7 billion Discuss
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Correct Answer: Bimal Phukan
Correct Answer: Sheela Redddy
Correct Answer: K. Vijay Kumar
Correct Answer: Neil Gaiman
Correct Answer: Kunal Basu
Correct Answer: Allahabad Bank
Explanation:
The central government has increased the authorized capital of state-owned Allahabad Bank from Rs. 3,000 crore to Rs. 8,000 crore after consultation with the Reserve Bank of India.This move by the central government has enabled Allahabad bank to raise further fund up to a maximum ceiling of Rs. 8,000 crore.
Correct Answer: SBI
Explanation:
State Bank of India launched 'YONO Cash' for cardless withdrawal of cash at over 16,500 SBI ATMs across the country. With this facility, customers can initiate the cash withdrawal process on the YONO app and set a six-digit YONO Cash PIN for the transaction. They will also get a six-digit reference number for the transaction on their registered mobile number via SMS. The withdrawal has to be completed in the next 30 minutes at the nearest ATM. The initiative will also address their concern of using debit card at the ATMs for cash withdrawals by eliminating possible risk associated with it.
Correct Answer: Bank of Baroda
Explanation:
Bank of Baroda and city-based Srei Equipment Finance Ltd will collaborate to offer joint loans for infrastructure equipment under a new agreement.This collaboration will allow both Srei and Bank of Baroda to cooperate and widen their respective markets and customer base.Sourcing of loans will be facilitated through iQuippo, which is a Kanoria Foundation initiative.
Correct Answer: 9.9
Explanation:
HDFC, India's largest mortgage lender, which has agreed to merge its low-cost arm Gruh Finance Pvt. Ltd. with Bandhan Bank, can hold 9.9 percent in the bank, according to its exchange filing. That's the maximum a non-banking finance company can own in a private bank. HDFC had sought approval for 14.96 percent.
Correct Answer: $5 billion
Explanation:
Reserve Bank of India received a huge response for introducing a $5-billion swap facility for the banks to facilitate permanent liquidity support.To ease the liquidity crunch, Reserve Bank of India will buy dollars from banks for three years and offer them rupees in return, which will bulk up the central bank's foreign-exchange reserves while injecting cash into the banking system.Banks offered $16.31 billion at the auction against the notified amount of $5 billion for the rupee-dollar swaps and out of this $16.31 billion received via 240 offers by market participants, the RBI accepted $5.02 billion via 89 offers.
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