Banking Awareness May 2020:
Banking awareness May 2020 gives all important updates happened in Banking and Finance sector recently.This banking Awareness Current affairs is highly useful in various competitive exams like UPSC , SSC Exams , various Bank PO exams ,RBI Grade A and Grade B Exam , State PSC exams.
Banking Awareness Quiz:
- Who has been recently Appointed as the interim Managing Director and CEO of PNB Housing Finance ? Ans :Neeraj vyas
- Earlier CEO and MD was Sanjay Gupta.
- The NDB pledges to allocate $15 billion rupees for revival of economies . Brics is considering a proposal to develop a Vaccine Research ad Development Centre as part of efforts to fight global pandemic and the New Development Bank could allocate $15 billion for loans to BRICS states.
- Which rating agency has predicted India's total loss due to lockdown would be 10 lakh crore ? Ans : CRISIL
- CRISIL recently halved its GDP forecast of India to 1.8% for the year 2020-21.
- Which regional rural bank has launched a loan scheme called Vikas Abhaya ?Ans:Karnatak Vikas Grameen Bank
- Which bank has appointed Neeraj Dhawan as its chief risk officer? Ans:Yes Bank
- Which Bank has released a collaborative song titled #HumHaarNahiManenge ? Ans: HDFC Bank
- The song was composed by AR Rehman .The bank said each time it will contribute Rs500 each time the song is shared via social media towards PM-CARES fund .
- To enhance and safeguard the costal and marine resources of India , which Bank has approved USD 400million support ? Ans:WOrld Bank
- The govt has increased its market borrowing estimate by staggering Rs 4.2 lakh crore to 12 Lakh crore .
- RBI has cancelled the license of CKP Co-Operative Bank.The headquaeter of the bank is located in which city? Ans:Mumbai
- Who is the current chairman of NABARD ? Ans:Harsh Kumar Bhanwala
- Which organisation has launched the India SME services Platform?Ans:SIDBI
- Nirmala Sitaraman Has announced how much amount of collateral free loans for businesses?Ans: Rs 3 lakh crore
- MSME defination has been changed to allow units with investment upto 1 crore .
- Units with turn over upto 5 crore to be called micro units.
- Which bank has become the first bank to extend the moratorium to nan-Banking Finance companies? Ans:Punjab National Bank
- The Union Govt has appointed whom as a director on a central Board of RBI? Ans:Tarun Bajaj
- Which bank has approved a loan of $500 million loan to India to help the country to deal with corona virus pandemic? Ans: Asia Infracture Investment Bank
- Union Govt's Economic Affairs Secretary Taru Bajaj will replace Atanu Chakrabarty.
- Who has been appointed as MD and CEO of Max Bupa Health Insurance? Ans:Krishna Ramachandran
- As per the supreme Court judgement , which category of banks under the ambit of SARFAESI Act 2002 ?ANS: Cooperative Bank
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