Current Affairs (Bank-PO General-Awareness): Questions 238 - 241 of 676

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Question number: 238

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

RBI has issued guidelines for setting up small and payment banks. What are the guidelines? (August)

Choices

Choice (4) Response

a.

It has set up with a minimum capital of 100 crore rupees as against 500 crore rupees required for normal commercial banks.

AND

It has proposed small banks will provide a whole suite of basic banking products such as deposits and supply of credit, but in a limited area of operation.

b.

It will cater to marginalized sections of the society, including migrant laborers, for collecting deposits and remitting funds.

c.

It will disburse small-ticket loans to farmers and businesses.

d.

All a. , b. and c. are correct

Question number: 239

» Current Affairs » Major Financial and Economic News

MCQ▾

Question

SEBI has issued new norms for public issuance of debt securities. What are the new norms?

Choices

Choice (4) Response

a.

Public issuance offers have to be of minimum Rs. 500 crore

b.

Public issuance offers have to be of minimum Rs. 100 crore

c.

Issuers would need to make additional disclosures and attain at least 75 per cent subscription

d.

Both b. and c. are correct

Question number: 240

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

m-Pesa starts inter-bank money transfer service with support of________.

Choices

Choice (4) Response

a.

MCSL

b.

SBI

c.

NPCI

d.

Question does not provide sufficient data or is vague

Question number: 241

» Current Affairs » Major Financial and Economic News

MCQ▾

Question

State-run banks needs up to Rs. 5.87 trillion in core capital by ________.

Choices

Choice (4) Response

a.

March 2018

b.

March 2015

c.

March 2020

d.

March 2025

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