Which of the following private banks has signed an agreement with Reliance Jio Money for One-Click payment service ? A) Laxmi Vilas Bank B) Federal Bank C) South Indian Bank D) Karnataka Bank E) Karur Vysya Bank

1 Answer

Answer :

B) Federal bank Explanation: Federal bank has signed an agreement with Reliance Jio Money for One-Click payment service. Reliance Jio money is a wallet application that will be launched soon for mobile devices where Federal bank will enable a direct payment option for its customers.

Related questions

Description : Which bank has become the first private sector bank to sell Indian gold coins? A) Dhanlaxmi Bank B) Federal Bank C) ICICI Bank D) IndusInd Bank E) Karur Vysya Bank

Last Answer : B) Federal Bank Explanation: Kerala based private sector lender, Federal Bank has tied up with MMTC for distribution of Indian Gold Coins (IGC), the first-Ever national gold offering by the government, which was launched by Prime Minister Narendra Modi In November 2015.

Description : Name the bank which has been awarded with CFBP (Council for Fair Business Practices) Jamnalal Bajaj Award for Fair Business Practices? A) Karnataka Bank B) Federal Bank C) RBS Bank D) Laxmi Vilas Bank E) None of these

Last Answer : A) Karnataka Bank Explanation: Mangaluru based Karnataka Bank has bagged CFBP Jamnalal Bajaj Award for Fair Business Practices, a certificate of merit under the category service enterprises – large.

Description : Reliance Industries (RIL) has signed agreement with which of the following to set up payments bank? A) Canara Bank B) State Bank of India C) Yes Bank D) Axis Bank E) Indian Overseas Bank

Last Answer : B) State Bank of India Explanation: Telecom-to-energy conglomerate Reliance Industries (RIL) and India s largest lender State Bank of India (SBI) have signed Subscription and Shareholders Agreement to ... in the payments bank and SBI as joint venture will have 30 per cent equity contribution.

Description : SBI card is going to launch a co-branded credit cards for the customers of private sector bank A) Karnataka Bank B) Federal Bank C) City Union D) South Indian Bank E) RBL Bank

Last Answer : D) South Indian Bank Explanation: South Indian Bank, leading private sector bank, and SBI Card, one of India‘s leading Credit Card issuers, announced the launch of co-branded credit cards for the customers of South Indian Bank.

Description : Which of the following General Insurance Company has entered into agreement with Shamrao Vithal Co-operative (SVC) Bank for bancassurance business? A) Reliance General Insurance Co. Ltd. B) L&T General Insurance ... D) Future Generali India Insurance Co. Ltd. E) Tata AIG General Insurance Co. Ltd.

Last Answer : C) HDFC ERGO General Insurance Co. Ltd. Explanation: HDFC ERGO General Insurance Company and Shamrao Vithal Co-operative (SVC) Bank announced their bancassurance agency partnership to provide ... introducing innovative non-life insurance products with SVC Bank s customer base across various states.

Description : Which Indian bank has signed an agreement with Thailand‟s Kasikorn Bank to enhance cooperation in trade and investment? A) State Bank of India B) Yes Bank C) Canara Bank D) Axis Bank E) Union Bank of India

Last Answer : D) Axis Bank Explanation: The MoU will serve to strengthen existing ties between the two banks and will help facilitate and enhance cooperation in the areas of trade, investment and other businesses The ... as the Thailand Prime Minister Prayut Chan-o-cha is on a three-day visit to India.

Description : Aadhar Housing Finance Ltd is going to be merged with which of the following? A) DHFL Vysya Housing Finance Ltd B) Cent Bank Home Finance Limited C) Housing and Urban Development Corporation Ltd. D) Manipal Housing Finance Syndicate Ltd. E) None of these

Last Answer : A) DHFL Vysya Housing Finance Ltd Explanation: Dewan Housing group companies Aadhar Housing Finance Ltd and DHFL Vysya Housing Finance Ltd will be merged into one to create a pan-India entity ... and provides financial support to India s scheme of promoting dwelling units for low income families.

Description : Which of the banks has signed agreements with the World Bank for $625 million to support grid connected rooftop solar programme in the Country? A) Canara Bank B) State Bank of India C) Bank of India D) Bank of Maharashtra E) Indian Overseas Bank

Last Answer : B) State Bank of India Explanation: State Bank of India has signed agreements with the World Bank for $625 million to support grid connected rooftop solar programme in the Country SBI Capital Markets was keen advisor for structuring and setting up the facility

Description : bought car from private owner. He could not find title. Husband gave 1/2 money to seller. Seller and husband signed agreement full pay after receive title. Four weeks passed no title. I call dmv in LA and no title dup. requested. Car has lien. We have car?

Last Answer : If you wish to receive a legal standpoint then you should contact an attorney.

Description : Which bank recently tied up with Chillr for cashless transactions? A) Federal Bank B) DCB Bank C) IDFC Bank D) Karnataka Bank E) IndusInd Bank

Last Answer : A) Federal Bank Explanation: Federal Bank announced its partnership with with Chillr, a mobile banking application, to provide cashless transactions. Chillr, India s first and only multi-bank ... making money transfer between bank accounts easier, faster and safer than sending a text message.

Description : Which of the following banks are on-boarded as issuers? A. IDBI Bank B. RBL Bank C. Karnataka Bank D. Both (A) and (B) E. Both (B) and (C)

Last Answer : D. Both (A) and (B) Explanation: IDBI Bank and RBL Bank are on-boarded as issuers. It enables their customers to download any UPI enabled Apps mentioned above and link their account.

Description : Which is the best telecom network service in India – Airtel/Vodafone/idea/Jio?

Last Answer : Jio is the best network connection. It has never been a disappointed, after 2019 jio telecommunications has become far more advanced in service providing.

Description : Which of the following banks have become the first banks to join SWIFT‟s global payments initiative? A) ICICI and HDFC Bank B) IndusInd Bank and SBI C) PNB and Federal Bank D) Axis Bank and ICICI E) ICICI and SBI

Last Answer : D) Axis Bank and ICICI Explanation: Global payments leader SWIFT said that ICICI Bank and Axis Bank have become the first domestic lenders to sign up for its global payments innovation initiative ... and global reach and in the first phase, the initiative will focus on business-tobusiness payments.

Description : According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________ A. 35% B. 25% C. 20% D. 40% E. 30%

Last Answer : E. 30% Explanation: RBI regulations allow universal banks to invest up 30 per cent in payments banks.

Description : To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign ... Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : A. Payment and Settlement Systems (PSS) Act 2007. Explanation: To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of ... PSS) Act 2007. Bharat Bill Payment Operating Units (BBPOUs) will be the authorised operational units.

Description : In cheque payment protocol, the purchase order form is signed by purchaser using a. his public key b. his private key c. his private key using his signature hardware d. various public keys

Last Answer : c. his private key using his signature hardware  

Description : Who is the only Indian Railway Minister to present six consecutive Railway budgets? A. Mallikarjun Kharge B. Janeshwar Mishra C. Lalu Prasad Yadav D. Ram Vilas Paswan

Last Answer : C [Lalu Prasad Yadav] Explanation: Lalu Prasad Yadav worked on the railways minister portfolio from May 23, 2004 to May 25, 2009. He is the only railway minister to present six consecutive railway budgets.

Description : In which country, the recent international agreement on phasing out Hydro Fluoro Carbons (HFCs) was signed? (A) Rwanda (B) Morocco (C) South Africa (D) Algeria 

Last Answer : (A) Rwanda

Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.

Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank

Description : In Electronic cash payment (i) a customer withdraws “coins” in various denominations signed by the bank (ii)the bank has a database of issued coins (iii) the bank has a database of spent coins (iv) the bank cannot trace a customer a. i, ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv 

Last Answer : b. i, ii, iii 

Description : In Electronic cash payment a. a debit card payment system is used b. a customer buys several electronic coins which are digitally signed by coin issuing bank c. a credit card payment system is used d. RSA cryptography is used in the transactions 

Last Answer : b. a customer buys several electronic coins which are digitally signed by coin issuing bank 

Description : Why do older US dollars say "this note is legal tender for all debts, puiblic and private, and is redeemable in lawful money at the US treasury or at any federal reserve bank?"?

Last Answer : I believe at that time we were on the gold standard and the money could be exchanged for the appropriate amount of gold. I’m trying to find a bit more info right now here. When we went off the gold standard, this would no longer have been true.

Last Answer : Dhaka-Kolkata bus service agreement signed - June 18 , 1999

Description : How do I get a Jio Mart franchise?

Last Answer : Jiomartfranchise.in where you can get a Jio Mart Franchises, We are a leading Business startup consultant in India. We are assisting People in starting a new business or taking a franchise of different Brands. It is tough to meet all the requirements and complete the paperwork.

Description : Which of the following High Courts has ruled that banks can recover bad loans from person‟s saving account if the agreement allows? A) Punjab and Haryana B) Madras C) Mumbai D) Assam E) Kerala

Last Answer : B) Madras Explanation: If a debtor failed to settle the loan dues despite reminders from the bank, then the money could be recovered from his savings bank account, ruled the Madras High Court bench

Description : Star Union Dai-Ichi Life insurance is a life insurance joint venture between life insurer Dai-Ichi and which banks? A) Indian Overseas Bank and United Bank of India B) Bank of India and Union Bank C) Canara Bank and Bank of India D) Allahabad Bank and OBC Bank E) Union Bank and Bank of Baroda

Last Answer : B) Bank of India and Union Bank Explanation: Star Union Dai-Ichi Life insurance = Japan‘s largest life insurer Dai-Ichi + Bank of India + Union Bank

Description : RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Last Answer : D) UCO Bank Explanation: Reserve Bank of India has told state-run Uco Bank to pay Rs 1 crore penalty for flouting bill discounting norms which allowed current account holders siphon out funds.

Description : Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these

Last Answer : A) Bharat Bill Payment Explanation: Reserve Bank of India has granted in-principle nod to the common service centres RBI (CSCs) as Bharat Bill Payment Operating Unit to make bill payments at centres in rural bands.

Description : ________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above

Last Answer : A. Common Service Centres (CSC) Explanation: over 1.5 Lakh common service centres (CSC) or Digital Seva Kendres have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS).

Description : Which Financial institutions has announced a comprehensive Housing finance scheme called prapti with an attractive 4% interest rate? A) Tata Capita Housing B) LIC Housing C) Reliance Home D) HDFC Ergo E) Housing and Urban Development Corporation Ltd.

Last Answer : A) Tata Capita Housing Explanation: Tata Capita Housing Limited announced a Comprehensive Housing finance scheme called Prapti with an attractive 4% interest rate for people earning less than Rs 6 lakh a year.

Description : Which company is providing free 4G sims to certain smartphone users like Samsung, LG, etc.? A) Airtel B) Vodafone C) Reliance D) Aircel E) Tata

Last Answer : C) Reliance Explanation: Reliance is providing its 4G sims free of cost to some companies smartphone users on which they will have free calls and net for 3 months

Description : With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited

Last Answer : C) TransUnion International Inc Explanation: Earlier the shareholding patterns of CIBIL were TransUnion International Inc (66.1%) ICICI Bank Ltd (6%) Bank of Baroda (5%) Bank of India (5%) Union ... Private Ltd. (4%) India Alternatives Private Equity Fund (2.9%) India Infoline Finance Limited (1%)

Description : Which of the following has exited the shareholding of CIBIL? A) ICICI and Bank of India B) United Bank of India and Aditya Birla Trustee Company Private Ltd. C) United Bank of India and Bank of Baroda D) ICICI and Bank of Baroda E) Indian Overseas Bank and ICICI

Last Answer : D) ICICI and Bank of Baroda Explanation: ICICI Bank has sold its whole six per cent stake in the company, while Bank of Baroda has sold its whole five per cent holding.

Description : Sasquatch, Yety, vilas, nymphs, elves and dwarves.....what if they actually were some lost tribes and communities we couldn't keep record of, but our ancestors have seen them and kept them in their folklore?

Last Answer : Neanderthals fit the bill and they have left traces of their existence. They lived in Europe until Homo Sapiens (us) arrived then went extinct shortly afterwards. There may well have been other such creatures that have found their way into our myths and legends. I wonder what they thought of us?

Description : Why did Rani Laxmi Bai become a bitter enemy of the British? -SST 10th

Last Answer : The application of the Doctrine of Lapse, aroused a great discontentment to Rani of Jhansi when after the death of the ruler of Jhansi, their adopted son Anand Rao was not recognised as a legitimate successor to the throne.

Description : What are the issues in the life of Vilas? -Economics 9th

Last Answer : The following are the issues in Vilas's life : 1. Unhealthy 2. Uneducated 3. Liability for the nation 4. Earns a meagre income 5. Very poor

Description : Which one of the following economic sectors is Laxmi related to? (a) Primary (b) Secondary (c) Tertiary (d) Quaternary

Last Answer : Take the case of Laxmi with her two-hectare plot of unirrigated land. The government can spend some ... (b) Secondary (c) Tertiary (d) Quaternary

Description : Which one of the following categories of farmers is Laxmi related to? (a) Big (b) Medium (c) Marginal

Last Answer : Take the case of Laxmi with her two-hectare plot of unirrigated land. The government can spend ... Medium (c) Marginal (d) Agricultural labourer

Description : Which of the following services can be offered by Payment Banks? A. Debit Cards B. Online Banking C. Mobile Banking D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: Payments banks can issue services like ATM cards, debit cards online banking and mobile banking.

Description : Any acquisition by the Payment Banks that are more than ____ will require approval of the RBI. A. 5% B. 10% C. 15% D. 20% E. None of the Above

Last Answer : A. 5% Explanation: Any acquisition of more than 5% will require approval of the RBI.

Description : Payment Banks can not issue ________ A. Credit Card B. Debit Card C. loans D. Both (B) and (C) E. Both (A) and (C)

Last Answer : E. Both (A) and (C) Explanation: Payment banks cannot issue loans and credit cards while at the same time current account and savings accounts can be operated by such banks.

Description : Payment banks can accept a restricted deposit which is currently limited to _______ per customer account. A. Rs.1 lakh B. Rs.3 lakh C. Rs.2 lakh D. Rs.5 lakh E. None of the Above

Last Answer : A. Rs.1 lakh Explanation: Payment banks can accept a restricted deposit which is currently limited to Rs. 1 lakh per customer account.

Description : C) Doha Bank Explanation: A Qatar-based Indian banker has been awarded for his contribution in environment friendly activities and for promoting green economy for nearly two decades. R Seetharaman, ... Visionary award at the 2016 Union of Arab Banks International Banking Summit held in Rome.

Last Answer : The Department of Posts launched a logo and tagline design contest for its soon-tobe set up India Post Payments Bank on which of the following website? A) GovPost B) IndianPost C) MyGov D) PayPost E) None of these

Description : Which of these Indian companies has the largest market capitalization 1. ONGC 2. Reliance 3. Infosys 4. BHEL 5. SBI

Last Answer : ONGC

Description : What is the purpose of KYC in banking? A. It is used for customer identification B. It is used for increasing the CRR of banks C. It is used against money laundering D. It is used by the central bank to control liquidity E. Both (A) and (C)

Last Answer : E. Both (A) and (C) Explanation: Know your customer (KYC) is the process of a business verifying the identity of its clients. Know your customer policies are becoming much more important globally to prevent identity theft, financial fraud, money laundering and terrorist financing.

Description : Which of the following mobile telephone network is not based on GSM technology ? (1) Idea (2) BPL Mobile (3) Airtel (4) Reliance Infocomm

Last Answer : Reliance Infocomm

Description : Unified Payment System (UPI), a common platform which links your _________ to a virtual payment address, effectively making money transfer as easy as an SMS. A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Last Answer : A. Bank Account Number Explanation: Unified Payment System (UPI), a common platform which links your bank account number to a virtual payment address, effectively making money transfer as easy as an SMS.

Description : SMERA is a joint initiative of _________ A. SIDBI & Leading PSBs B. Dun & Bradstreet Information Services India Private Limited (D&B) & Leading Private Banks C. RBI & SEBI D. Both (A) and (B) E. Both (A) and (C)

Last Answer : D. Both (A) and (B) Explanation: SMERA Ratings Limited (formerly SME Rating Agency of India Ltd.) is a joint initiative of Small Industries Development Bank of India (SIDBI), Dun & Bradstreet Information Services India Private Limited (D&B) and leading public and private sector banks in India.

Description : ______ percentage of Foreign share holding will be allowed in small finance banks as per the rules for FDI in private banks in India A. 64% B. 74% C. 61% D. 50% E. None of the Above

Last Answer : B. 74% Explanation: Foreign share holding will be allowed in these banks as per the rules for FDI in private banks in India. Foreign shareholding capped at 74% of paid capital.

Description : Banks issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfilment of its terms and conditions. What is this arrangement known in banking context? A. Line of Credit B. Loan to Client C. Loan on Credit D. Letter of Credit

Last Answer : D. Letter of Credit Explanation: A letter issued by a bank to another bank (especially one in a different country) to serve as a guarantee for payments made to a specified person under specified conditions.