Banking Awareness November 2022 Set 1 1 - 1669093570

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Q) According to the recent report by Statista,
which of the following Indian ministries is the
largest employer in the world?

A. Ministry of Finance
B. Ministry of Defence
C. Ministry of Home Affairs
D. Ministry of Education
Q) Recently, which of the following has become
the first company in India to post proceedings
of its Q2 FY 2022-23 earnings call on
the metaverse?

A. Adani Group
B. Infosys
C. Reliance Industries Limited
D. Tata Group
Q) Recently, which of the following has become the
first jeweller in India to import 25 kg gold under
the Comprehensive Economic Partnership Agreement
(CEPA) between India and the UAE?

A. Tanishq
B. Kalyan Jewellers
C. PC Jewellers
D. Malabar Gold and Diamonds
Q) World Thrift Day (World Savings Day) is
celebrated every year on which of the following
days?
• Theme: Saving prepares
you for the future
A. 31st October • India celebrates this a day

B. 1st November earlier, marking it


on October 30 every year

C. 2nd November
D. 3rd November
Q) Recently, the Reserve Bank of India (RBI) has
launched the first pilot of the Digital Rupee for
the wholesale segment (e₹-W). How many
banks are participating in this pilot launch?
State Bank of India, Bank of Baroda,

A. 7 Union Bank of India, HDFC Bank,


ICICI Bank, Kotak Mahindra Bank,

B. 9 Yes Bank, IDFC First Bank, and HSBC

C. 11 The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again.

D. 16
Q) The Reserve Bank of India (RBI), under section
45ZN of the RBI Act 1934 is required to submit a
report to the government if it fails to maintain the
inflation target for how many consecutive quarters?

A. 1
B. 2
C. 3
D. 4
Q) Recently, the report titled ‘Reinvigorating
India’s Economic Engagements with Southern
Africa’ was released by which of the following
organizations?

A. NITI Aayog
B. State Bank of India
C. Indian EXIM Bank
D. FICCI
Q) Recently, which of the following banks has
conducted India’s First Floating Financial
Literacy Camp with an initiative called ‘Niveshak
Didi’ in Srinagar, Jammu & Kashmir?

A. State Bank of India


B. Indian Post Payments Bank
C. Airtel Payments Bank
D. HDFC Bank
Q) Recently, which of the following states/union
territories has topped the chart in terms of the
Employee Provident Fund Organisation (EPFO)
coverage?

A. Delhi
B. Goa
C. Haryana
D. Karnataka
Q) Recently, the Department of Economic Affairs (DEA),
Ministry of Finance, Government of India, has notified
the – India Infrastructure Project Development Fund
Scheme (IIPDF Scheme). What is the total outlay of the
scheme from 2022-23 to 2024-25?

A. Rs. 50 crore
B. Rs. 100 crore
C. Rs. 150 crore
D. Rs. 200 crore
Q) Recently, Union Coal Ministry has put up
how many coal mines for auction, which is the
biggest ever coal mine auction?

A. 100
B. 111
C. 131
D. 141
Q) Recently, which of the following
organizations has approved a USD 350 million
loan to improve the road connectivity
in Maharashtra?

A. Asian Development Bank (ADB)


B. World Bank
C. New Development Bank (NDB)
D. Asian Infrastructure Investment bank (AIIB)
Q) Recently, C2FO Factoring Solutions Private Limited
has got an in-principle approval from which of the
following organizations/ministries to set up and
operate Trade Receivable Discounting Systems
(TReDS) platform in India?

A. Reserve Bank of India (RBI)


B. Securities and Exchange Board of India (SEBI)
C. Bombay Stock Exchange (BSE)
D. Indian Banks Association (IBA)
Q) Which of the following companies is India's
best employer according to the recently
released Forbes' World's Best Employers
rankings 2022?

A. Bajaj
B. Reliance Industries Limited
C. ICICI Bank
D. State Bank of India
Important Appointments
• Senior bureaucrat Vivek Joshi took charge as the Secretary of the
Department of Financial Services (DFS) under the Ministry of
Finance.

• A 1989 batch IAS officer of Haryana cadre, he was the Registrar


General and Census Commissioner under the Ministry of Home
Affairs.
• Reliance Industries Limited has appointed appointed K V Kamath as
Independent Director of the company for a period of five years.

• KV Kamath has also been appointed as an Independent Director and non-


executive Chairman for Reliance Strategic Investment Limited

• KV Kamath is currently the Chairman of the National Bank for Financing


Infrastructure and Development (NaBFID).
Q) Recently, which of the following countries
has become India’s top oil supplier in October,
2022?

A. Iraq
B. USA
C. Saudi Arabia
D. Russia
Q) Recently, which of the following has become
the first state in India to launch uniform gold
prices based on the bank rate?

A. Gujarat
B. Tamil Nadu
C. Andhra Pradesh
D. Kerala
Q) Recently, which of the following countries
has emerged as the top destination for India’s
petroleum product exports in the first half of
the current fiscal year (April-September 2022)?

A. Netherlands
B. USA
C. Russia
D. Brazil
Q) How many Indian Women entrepreneurs
have been featured in the recently released
Forbes' Asia's Power Businesswomen 2022 list?

A. 1
B. 2
C. 3
D. 4
Q) Recently, which of the following organizations has
signed a $40 million financing package
with GreenCell Express Private Limited (GEPL) to
develop 255 electric battery-powered buses (e-
buses) in India?

A. World Bank
B. New Development Bank (NDB)
C. Asian Development Bank (ADB)
D. European Investment Bank (EIB)
• Vijay Srirangam appointed as part-time Non-Official Director as well as Non-
Executive Chairman of Canara Bank for three years

• K G Ananthakrishnan appointed as part-time Non-Official Director as well as


Non-Executive Chairman of Punjab National Bank for a term of 3 years.

• Srinivasan Varadarajan appointed as part-time Non-Official Director as well as


Non-Executive Chairman of Union Bank of India for a term of 3 years

• Charan Singh appointed as a part-time Non-Official Director as well as Non-


Executive Chairman of Punjab & Sind Bank for a term of 2 years.
• Airtel CEO Gopal Vittal was elected as deputy chair of the Global System for
Mobile communications Association (GSMA)

• He will hold the post for two years beginning January 1, 2023.

• Member companies selected 26 board members for 2023-24 which include


senior executives from mobile operators.

• Mathew Oomen, president of Reliance Jio too has been elected as a board
member
Q) Self-Reliant India (SRI) Fund, recently seen in
news, is a fund of how much amount which was
launched by the Indian Government?

A. Rs. 5,000 crore


B. Rs. 10,000 crore
C. Rs. 15,000 crore
D. Rs. 20,000 crore
Q) Recently, Employees’ Pension (Amendment)
Scheme, 2014 was seen in news. What was the
threshold limit with respect to monthly salary for
joining the pension fund, which has been recently
removed by the Supreme Court of India?

A. Rs. 10,000
B. Rs. 12,000
C. Rs. 15,000
D. Rs. 18,000
Q) Recently, which of the following countries
has announced to implement an interest-free
banking system in the country from 2027?

A. Bangladesh
B. UAE
C. Pakistan
D. Iran
Q) Recently, the union ministry of finance has
approved the final Sovereign Green
Bonds Framework of India. Hydropower plants larger
than how many units have been excluded from the
framework?

A. 25 MW
B. 50 MW
C. 75 MW
D. 100 MW
Q) Recently, Bureau of Energy Efficiency (BEE) has
signed a MoU with which of the following
organizations to promote energy efficiency financing
for MSMEs?

A. Reserve Bank of India (RBI)


B. Small Industries Development Bank of India
(SIDBI)
C. National Bank for Agriculture and Rural
Development (NABARD)
D. State Bank of India (SBI)
Q) Recently, which of the following
organizations/ministries has released the Report on
Municipal Finances “Alternative Sources of
Financing for Municipal Corporations”?

A. NITI Aayog
B. Centre for Monitoring Indian Economy (CMIE)
C. Reserve Bank of India (RBI)
D. Ministry of Housing and Urban Affairs
Q) Recently, the United States’ Department of
Treasury has removed which of the following
countries from its Currency Monitoring List?

A. India • The United States also removed Italy, Mexico, Thailand and
Vietnam from its Currency Monitoring List

B. China • China, Japan, Korea, Germany, Malaysia, Singapore, and


Taiwan are the seven economies that are a part of the current

C. Malaysia Currency Monitoring List

D. Singapore
Q) Recently, National Investment and
Infrastructure Fund (NIIFL) has signed
a MOU with which of the following
organizations to increase investments in India?

A. European Investment Bank


B. Japan Bank for International Cooperation
C. Asian Development Bank
D. World Bank
Q) Recently, BHIM App open-source license
model was announced by which of the
following organizations?

A. Reserve Bank of India (RBI)


B. National Payments Corporation of India
(NPCI)
C. State Bank of India
D. Indian Banks Association (IBA)
Q) Recently, which of the following
organizations/ministries has notified the
regulatory framework for online bond platform
providers?

A. Reserve Bank of India (RBI)


B. Securities and Exchange Board of India
(SEBI)
C. Ministry of Finance
D. NITI Aayog
Q) Recently, which of the following has become
the world’s first public company to lose a trillion
dollars in market value?

A. Meta
B. Tesla
C. Apple
D. Amazon
Q) Recently, the Ministry of Finance has notified that
all Goods & Services Tax (GST) anti-profiteering
complaints would be dealt with by which of the
following organizations?

A. Competition Commission of India (CCI)


B. Reserve Bank of India (RBI)
C. National Consumer Disputes Redressal
Commission
D. Insolvency and bankruptcy Board of India (IBBI)
Q) Recently, the Department of Economic Affairs
(DEA), Ministry of Housing & Urban Affairs (MoHUA)
and which of the following organizations jointly
organized a 5-day focused workshop titled “Cities
Creditworthiness Academy”?

A. NITI Aayog
B. World Bank Group
C. State Bank of India (SBI)
D. World Economic Frum (WEF)
Q) Recently, which of the following Indian Banks
have been allowed to open nine special vostro
accounts for the settlement of payments in rupee
for trade between India and Russia?

A. State Bank of India (SBI) and HDFC Bank


B. ICICI Bank and Axis Bank
C. UCO Bank and IndusInd Bank
D. Punjab National Bank (PNB) and Canara Bank
Q) According to the recently released Indian Banks'
Association’s (IBA) report "EASE Reforms Index for
the first quarter of FY23”, which of the following
banks has been adjudged as the Best Bank?

A. State Bank of India


B. Union Bank of India
C. Bank of Baroda
D. Punjab National Bank
Q) What was the gross GST revenue collected in
the month of October 2022?

A.Rs 1,67,540 crore


B. Rs 1,42,095 crore
C.Rs 1,48,995 crore
D.Rs 1,51,718 crore
GST Collection of Previous Months in 2022

• January – 1,40,986 crore


• February – 1,33,026 crore
• March – 1,42,095 crore
• April – 1,67,540 crore
• May – 1,40,885 crore
• June – 1,44,616 crore
• July – 1,48,995 crore
• August – 1,43,612 crore
• September – 1,47,686 crore
Q) Recently, which of the following banks has
launched a special fixed deposit
scheme named “Star Super Triple Seven Fixed
Deposit”?

A. Bank of Baroda
B. Bank of India
C. Canara Bank
D. HDFC Bank
Q) Recently, which of the following became the
second Indian city to issue a municipal bond
with assistance from the US Treasury
Department’s Office of Technical Assistance?

A. Bengaluru
B. Mumbai
C. Vadodara
D. Ahmedabad
Q) Recently, Moody's Investors Service has
lowered India’s economic growth forecast for
2022 to how much percentage?

A. 4%
B. 5%
C. 6%
D. 7%
Q) What was India’s Wholesale Price Index
(WPI) inflation for the month of October 2022?

A. 7.89%
B. 10.70%
C. 8.39%
D. 11.03%
Q) What was India's retail inflation measured by
the Consumer Price Index (CPI - Headline) in
October 2022?

A. 6.77%
B. 7.41%
C. 4.48%
D. 8.60%
Q) Recently, the central government has
nominated who amongst the following as a
Director on the Central Board of Reserve Bank
of India?

A. Hemant Jain
B. Vivek Joshi
C. Sanjay Kumar
D. Tarun Bajaj
Q) Recently, which of the following companies
has launched first-of-its-kind satellite index-
based Farm Yield Insurance Policy for farmers?

A. New India Assurance


B. HDFC ERGO
C. Iffco Tokio General Insurance
D. Bharti AXA General Insurance
Q) Recently, which of the following banks has
launched foreign outward remittance service
through its ‘SIB Mirror+’ mobile banking
application?

A. Federal Bank
B. State Bank of India
C. South Indian Bank
D. HDFC Bank
Q) Recently, which of the following companies
has collaborated with National Payments
Corporation of India (NPCI) to issue contactless
credit cards on the RuPay network?

A. LendingKart
B. MoneyTap
C. CRED
D. Zaggle
Q) Recently, Niva Bupa Health Insurance
Company Limited has announced its
partnership with which of the following Banks
to provide health insurance solutions to the
bank’s customers?

A. HDFC Bank
B. Bandhan Bank
C. IDFC First Bank
D. Axis Bank
Q) Recently, which of the following Asset
Management Companies has launched ‘Sahyog’, an
initiative to empower support staff and their
families?

A. HDFC Asset Management Company


B. Aditya Birla Sun Life Asset Management
Company
C. Axis Asset Management Company
D. Baroda Pioneer Asset Management Company
Q) Recently, which of the following companies
has launched iGuarantee Max Savings that
offers savings and life cover?

A. Aegon Life Insurance


B. Aviva Life Insurance
C. Aditya Birla Sun Life Insurance
D. Bajaj Allianz Life Insuarnce
Q) Recently, Global life sciences firm Bayer has
announced its tie-up with Rabo Partnerships and which
of the following companies to help 1 crore
small farmers in India gain easier access to formal
financial services?

A. Visa
B. Mastercard
C. Rupay
D. American Express
Q) Recently, Chqbook has partnered with which
of the following Payments Bank to launch a
zero-balance digital current account for small
business owner?

A. Airtel Payments Bank


B. Paytm Payments Bank
C. Indian Post Payments Bank
D. National Securities Depository Limited
(NSDL) Payments Bank
Q) Recently, which of the following Banks has
partnered with M1xchange to facilitate digital
invoice financing for the bank’s clients?

A. DBS Bank
B. RBL Bank
C. MUFG Bank
D. HDFC Bank
Q) Recently, which of the following companies
has received a licence from the Reserve Bank of
India to set up a non-banking financial
company?

A. EasyCash
B. ftcash
C. MoneyTap
D. Paytm
Q) Recently, Arzooo has partnered with which
of the following banks to launch Purchase cards
that have been exclusively designed for offline
retailers?

A. Axis Bank
B. ICICI Bank
C. Yes Bank
D. HDFC Bank
• The Reserve Bank of India (RBI) approved the
amalgamation of Shree Sharada Sahakari Bank Ltd., Pune
(Maharashtra) with the Cosmos Co-operative Bank Ltd.,
Pune (Maharashtra).

• Theis come into force with effect from October 30, 2022.
• National Payments Corporation of India (NPCI) has announced that electricity bill
payments service for more than 70 electricity boards has been enabled on 123PAY, an
instant payment system for feature phones.

• It is Powered by Bharat Bill Payment System (BBPS)

• Consumers will be able to pay electricity bills in 10 regional languages by calling on


payment numbers ‘080 4516 3666’ or ‘6366 200 200’ powered by Bharat Bill Payment
Service (BBPS)

• 123PAY was developed by NPCI for feature phone users to allow them to undertake
digital transactions based on four technology alternatives: calling an IVR (interactive
voice response) number, app functionality in feature phones, missed call-based
approach, and also proximity sound-based payments.
Q) Recently, which of the following banks has
emerged as the top performer among the
public sector lenders in terms of loan growth in
percentage terms during second quarter of
2022-23?

A. Bank of Maharashtra
B. Union Bank of India
C. State Bank of India
D. Bank of Baroda
Q) Recently, which of the following banks has
announced a collaboration with the Business
Association of Nagas (BAN) to help 1000
entrepreneurs with financing?

A. Punjab National Bank


B. Bandhan Bank
C. State Bank of India
D. Canara Bank
Q) According to the recent report by Morgan
Stanley, India will become the world’s 3rd largest
economy by which of the following years?

A. 2027
B. 2028
C. 2029
D. 2030
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