(a) 5 करोड़ रु
(b) 5 करोड़ रु
(c) 10 करोड़ रु
(d) 3 करोड़ रु
(e) 1.5 करोड़ रु
Ans.(e)
Sol. The Reserve Bank of India has imposed a collective penalty of Rs 12 crores on 8 public sector banks. The penalty has been imposed for non-compliance with certain provisions of directions issued by RBI on ‘Code of Conduct for Opening and Operating Current Accounts. Bank of Baroda, Bank of India, Indian Overseas Bank and United Bank of India have been imposed with a penalty of Rs 1.5 crore each.
Sol. The Reserve Bank of India has imposed a collective penalty of Rs 12 crores on 8 public sector banks. The penalty has been imposed for non-compliance with certain provisions of directions issued by RBI on ‘Code of Conduct for Opening and Operating Current Accounts. Bank of Baroda, Bank of India, Indian Overseas Bank and United Bank of India have been imposed with a penalty of Rs 1.5 crore each.
(a) 5.10%
(b) 5.25%
(c) 5.40%
(d) 5.15%
(e) 5.50%
Ans.(d)
Sol. In its 3rd Bi-monthly Monetary Policy Committee meeting, the Reserve Bank of India has reduced the policy repo rate by 35 basis points (bps). The MPC has also decided to maintain the accommodative stance of monetary policy. The reverse repo rate under the LAF stands revised to 5.15%.
Sol. In its 3rd Bi-monthly Monetary Policy Committee meeting, the Reserve Bank of India has reduced the policy repo rate by 35 basis points (bps). The MPC has also decided to maintain the accommodative stance of monetary policy. The reverse repo rate under the LAF stands revised to 5.15%.
(a) National Electronic Funds Transaction
(b) National Electronic Funds Treaty
(c) National Electronic Funds Transfer
(d) National Electronic Financial Transfer
(e) Nominal Electronic Funding Transfer
Ans.(c)
Sol. The Reserve Bank of India will make available the National Electronic Funds Transfer system on a 24×7 basis from December 2019 as per the Payment System Vision 2021 document. Presently, the transfer of funds via NEFT can only be done during banks’ working hours. The facility of electronic transfer of funds is available from 8 am to 7 pm on all working days, except the second and the fourth Saturday of the month.
Sol. The Reserve Bank of India will make available the National Electronic Funds Transfer system on a 24×7 basis from December 2019 as per the Payment System Vision 2021 document. Presently, the transfer of funds via NEFT can only be done during banks’ working hours. The facility of electronic transfer of funds is available from 8 am to 7 pm on all working days, except the second and the fourth Saturday of the month.
(a) RuPay
(b) Mastercard
(c) Visa
(d) Maestro
(e) Capital One
Ans.(b)
Sol. Mastercard announced the launch of Identity Check Express, a next-generation, mobile-first authentication solution that aims to redefine the e-commerce journey for Indian consumers. Mastercard Identity Check Express combines the latest technology, including device intelligence and behavioural biometrics, with the latest EMV 3-D Secure and FIDO authentication standards to deliver an uninterrupted mobile payment experience.
Sol. Mastercard announced the launch of Identity Check Express, a next-generation, mobile-first authentication solution that aims to redefine the e-commerce journey for Indian consumers. Mastercard Identity Check Express combines the latest technology, including device intelligence and behavioural biometrics, with the latest EMV 3-D Secure and FIDO authentication standards to deliver an uninterrupted mobile payment experience.
(a) 6.9%
(b) 6.7%
(c) 6.6%
(d) 6.8%
(e) 6.5%
Ans.(a)
Sol. In its 3rd Bi-monthly Monetary Policy Committee meeting, the Reserve Bank of India has reduced the policy repo rate by 35 basis points (bps). RBI has also reduced the real GDP growth for 2019-20 from 7% to 6.9%.
Sol. In its 3rd Bi-monthly Monetary Policy Committee meeting, the Reserve Bank of India has reduced the policy repo rate by 35 basis points (bps). RBI has also reduced the real GDP growth for 2019-20 from 7% to 6.9%.
(a) नवंबर 2001
(b) नवंबर 2012
(c) नवंबर 2009
(d) नवंबर 2005
(e) नवंबर 2000
Ans.(d)
Sol. National Electronic Funds Transfer is an electronic funds transfer system maintained by the Reserve Bank of India. Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology.
Sol. National Electronic Funds Transfer is an electronic funds transfer system maintained by the Reserve Bank of India. Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology.
(a) मुकेश कुमार जैन
(b) पीएस जयकुमार
(c) राकेश शर्मा
(d) पीवी भारती
(e) सतीश कुमार कालरा
Ans.(a)
Sol. Mukesh Kumar Jain has been appointed as Managing Director & Chief Executive Officer, Oriental Bank of Commerce and assumed charge on 15th July, 2017.
Sol. Mukesh Kumar Jain has been appointed as Managing Director & Chief Executive Officer, Oriental Bank of Commerce and assumed charge on 15th July, 2017.
(a) 1,00,000 रु
(b) 2,00,000 रु
(c) 10,000 रु
(d) 50,000 रु
(e) कोई सीमा नहीं
Ans.(e)
Sol. There is no limit – either minimum or maximum – on the amount of funds that could be transferred using NEFT. However, maximum amount per transaction is limited to ? 50,000/- for cash-based remittances within India and also for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.
Sol. There is no limit – either minimum or maximum – on the amount of funds that could be transferred using NEFT. However, maximum amount per transaction is limited to ? 50,000/- for cash-based remittances within India and also for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.
(a) जर्मन
(b) चीनी
(c) अमेरिकन
(d) रूसी
(e) भारतीय
Ans.(c)
Sol. Mastercard Incorporated is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in New York, United States.
Sol. Mastercard Incorporated is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in New York, United States.
(a) चेन्नई
(b) कोलकाता
(c) मुंबई
(d) नई दिल्ली
(e) हैदराबाद
Ans.(b)
Sol. United Bank of India is an Indian government-owned bank headquartered in Kolkata.
Sol. United Bank of India is an Indian government-owned bank headquartered in Kolkata.