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  • Question
  • 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

  • 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.

  • More questions

    • 1. By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?

    • Options
    • A. 12.24%
    • B. 12.54%
    • C. 13.24%
    • D. 13.54%
    • Discuss
    • 2. EV charging stations to be established in which Indian city?

    • Options
    • A. Bengaluru
    • B. Kolkata
    • C. Chennai
    • D. Hyderabad
    • Discuss
    • 3. Union government launched the Blue Revolution programme at a total expenditure of what amount?

    • Options
    • A. Rs 48000 lakh
    • B. Rs 52000 lakh
    • C. Rs 55000 lakh
    • D. Rs 62000 lakh
    • Discuss
    • 4. Union Minister for Urban development and housing M. Venkaiah Naidu launched which of the following app with MSEFC portal?

    • Options
    • A. MyMSME
    • B. MKisan
    • C. MEAIndia
    • D. mKavach
    • Discuss
    • 5. Who has been appointed as the Member of the Commonwealth Secretariat Arbitral Tribunal of London?

    • Options
    • A. Anantkumar Surendraray Dave
    • B. K. G. Balakrishnan
    • C. K. S. Radhakrishna Panicker
    • D. S. J. Mukhopadhaya
    • Discuss
    • 6. The Union government has launched a new comprehensive scheme to boost the development of which sector?

    • Options
    • A. Handloom
    • B. Powerloom
    • C. Tourism
    • D. Education
    • Discuss
    • 7. Carme Chacon, who passed away recently, was the Defence Minister of which European country?

    • Options
    • A. France
    • B. Germany
    • C. Italy
    • D. Spain
    • Discuss
    • 8. Name the director who was the first African American and the youngest-ever film-maker nominated in Oscar Awards, passed away recently.

    • Options
    • A. Denise LaSalle
    • B. Frankie Muse Freeman
    • C. John Singleton
    • D. Edwin Hawkins
    • Discuss
    • 9. Name of the musician who won the special lifetime achievement award from the Music Academy?

    • Options
    • A. Lalgudi G Jayaraman
    • B. Kamala Lakshminarayanan
    • C. Hariprasad Chaurasia
    • D. Vikku Vinayakram
    • Discuss
    • 10. IMF Cuts India's GDP Growth Forecast is __________.

    • Options
    • A. 7.3%
    • B. 7.4%
    • C. 7.2%
    • D. 7.5%
    • Discuss


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