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  • Question
  • Which Bank launched a paperless account opening facility for NRIs?


  • Options
  • A. Yes Bank
  • B. Axis Bank
  • C. ICIC Bank
  • D. IDBI Bank

  • Correct Answer
  • IDBI Bank 

    Explanation
    IDBI Bank has launched 'NRI-Insta Online' account opening process for NRIs residing in Financial Action Task Force (FATF)member countries to open an account in the Bank without visiting the branch or submitting paper documents such as physical documents as well as KYC proofs. This online facility is available in IDBI Bank's website. FATF is an inter-governmental body founded in 1989, which devices policy and sets standards to promote successful implementation of legal, regulatory and operational measures to combat money laundering, terrorist financing and other similarthreats to the integrity of the international financial system.

  • 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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