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

1 Answer

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

Related questions

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 : 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 : 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 : Which of the following Banks in India is known to be the first Indian bank to adopt the concept of market segmentation ? 1. Punjab National Bank 2. State Bank of India 3. ICICI Bank 4. Bank of Barod 5. Canara Bank

Last Answer : State Bank of India

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 : 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

Last 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.

Description : Which of the following bansk has launched „Elite‟ card on the Master Card World platform which is enabled with NFC (Near Field Communication) technology? A) ICICI B) PNB C) SBI D) Axis Bank E) Canara Bank

Last Answer : C) SBI Explanation: This allows customers a contactless payment experience, adding more speed and suave to their wallets. The new card comes with a joining fee of Rs 4,999 and all customers will receive a welcome gift worth Rs 5,000 in the form of vouchers from popular lifestyle and travel brands.

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 : Which bank has launched USSD based mobile app for basic banking needs with NPCI A) United Bank of India B) Union Bank of India C) UCO Bank D) Indian Bank E) Indian Overseas Bank

Last Answer : B) Union Bank of India Explanation: National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in the country has partnered with Union Bank of India to ... customers and can be used even without any internet connection as it does not require any data.

Description : Which Indian city has the most numbers of rooftop solar water heaters

Last Answer : Bengaluru

Description : The bank which has the highest number of branches in the world is? A. State Bank of India B. RBS C. London Bank D. Canara Bank

Last Answer : A. State Bank of India

Description : The Imperial Bank of India, after its nationalization came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas bank

Last Answer : (2) State Bank of India Explanation: The State Bank of India, the largest banking and financial services company in India by revenue, assets and market capitalization: traces its ancestry to British India, ... with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India

Description : Who is authorized to issue coins in India? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank

Last Answer : (2) Ministry of Finance Explanation: Coins may be coined at the Mint for issue under the authority of the Central Government, (of such denominations not higher than one hundred rupees), such ... the Ministry of Finance and bears the signature of the secretary. All currency notes are legal tender.

Description : The Imperial Bank of India, after its nationalisation came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas Bank

Last Answer :  State Bank of India

Description : Who is authorised to issue coins in India ? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank

Last Answer : Ministry of Finance

Description : From which of the following banks did Madan Mohan Malaviya take loans for financing "The Hindustan Times"? (SSC CGL 1st Sit. 2013) (a) State Bank of India (b) Punjab National Bank (c) Bank of Maharashtra (d) Bank of Baroda

Last Answer : (b) Punjab National Bank

Description : The first nationalized bank in India to start a VCF _____.(a)SBI, b) PNB, c) Canara bank)

Last Answer : c) Canara bank)

Description : The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act-1934 B. Banking ... , 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Last Answer : D. Payment and Settlement Systems Act (PSS Act), 2007 Explanation: The Overseas Principal should obtain necessary authorisation from the Department of Payment and Settlement Systems, Reserve Bank of India ... Payment and Settlement Systems Act (PSS Act), 2007 to commence/ operate a payment system.

Description : Are the rooftop solar panels beneficial?

Last Answer : Yes. they are helpful as they give you a source of energy inside your home. It is someway helpful to you and whole nature and although I undesrtand it costs a bit to load the complete setup but if you can bear that, then you should.

Description : With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they? A. The GATT and the Agreement on Subsidies and Countervailing Measures B. ... D. The International Monetary Fund's Articles of Agreement and the European Central Bank's Statute.

Last Answer : A. The GATT and the Agreement on Subsidies and Countervailing Measures

Description : Banks in the US, active with the FDIC, only insure $100,000. So if a person has, for example, 10 million dollars and wants to deposit the money in a bank, does he have to look for 100 banks or is there another way to invest that is as low risk as a savings account?

Last Answer : A person with 10 million dollars probably has a diversified investment portfolio with a variety of risk levels and return levels. As a result, his insurance is that not everything will collapse at the ... 10% above inflation, banks are a very poor choice for someone with lots of money to invest.

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 : In which part of the country, grain banks have been set up the NGO’s? a. Gujarat b. Haryana c. Punjab d. Maharashtra.

Last Answer : d. Maharashtra.

Description : In which part of the country, grain banks have been set up by NGO’s? (a) Gujarat (b) Haryana (c) Punjab (d) Maharashtra

Last Answer : (d) Maharashtra

Description : Which of the following banks has reported its point of sales terminal (PoS) network as largest in the country? A) HDFC B) Punjab National Bank C) SBI D) ICICI E) Axis Bank

Last Answer : C) SBI Explanation: SBI‘s point of sales terminal network has become the largest in the country after it took over its private sector rivals. It plans to add 1 lakh PoS terminals in current fiscal ending March 2017.

Description : Which of the following banks has planned to commence urban microfinance operations in its 85 branches across the country? A) Yes Bank B) Kotak Mahindra Bank C) ICICI Bank D) Axis Bank E) None of these

Last Answer : D) Axis Bank Explanation: India s third largest private sector lender Axis Bank has forayed into Urban Microfinance segment and will now provide collateral free credit facilities to low- ... s flagship microfinance programme will be delivered via its technology driven ‗TAB based lending solution.

Description : Which of the following approved $201.50 million for Technical Education Quality Improvement Project in India? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : A) World Bank Explanation: United States based World Bank‘s Board of Executive Directors has approved $201.50 million for Technical Education Quality Improvement Project III in India

Description : Which is the first state in India which has made rooftop rainwater harvesting structure compulsory to all the houses across the state? (a) West Bengal (b) Meghalaya (c) Rajasthan (d) Tamil Nadu.

Last Answer : (d) Tamil Nadu.

Description : According to a recent news, the State Bank of India was being put in Hall of Shame list along with some other banks. The reason for this was A) for not recovering the NPAs in the last 6 months ... C) for supporting Vijay Malaya D) it listed the worst NPAs ever the last quarter E) None of these

Last Answer : B) for financing a US cluster bomb manufacturer Explanation: The State Bank of India has defended financing a US cluster bomb manufacturer, saying its investments were legal, after being put in ... America and Credit Suisse - that violated an international ban for investing in cluster bomb firms.

Description : Why do Republicans support big business, tell Americans we have no jobs because of the Democrats, yet most businessman are "conservative" but ship American jobs overseas.

Last Answer : Ah, that is the question. Because Republicans are not really interested in jobs; they are interested in profit.

Description : Which of the following approved $63 million for Tejaswini Project in Jharkhand? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : A) World Bank Explanation: The World Bank Board has approved the 63 million US dollar for Tejaswini project that paves the way for Socioeconomic Empowerment of Adolescent Girls and Young Women in Jharkhand.

Description : Which of the following has approved $500 million loan for bridge over Ganga River in Bihar? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : B) Asian Development Bank Explanation: Asian Development Bank accorded $500 million to build bridge over India‘s longest river bridge which is in Bihar having distance of 9.8 km road.

Description : Which of the following has approved $500 million loan for bridge over Ganga River in Bihar? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : B) Asian Development Bank Explanation: Asian Development Bank accorded $500 million to build bridge over India‘s longest river bridge which is in Bihar having distance of 9.8 km road.

Description : D) Axis Bank Explanation: Axis Bank raised $500 million at the London Stock Exchange after it launched India‘s first internationally-listed certified green bond to finance climate change solutions around the world.

Last Answer : Recently, Dr. R Seetharaman has been honored with the 2016 Green Economy Visionary Award. He is the CEO of A) South Indian Bank B) Federal Bank C) Doha Bank D) Deutsche Bank E) None of these

Description : Which of the following state is known as “Cradle of Indian Banking”? A. Kerala B. Maharashtra C. Tamil Nadu D. Karnataka E. Uttar Pradesh

Last Answer : D. Karnataka Explanation: The state of Karnataka, particularly the region comprising the coastal districts of Dakshina Kannada and Udupi is called as the cradle of banking in India. This is because ... Vijaya Bank, Karnataka Bank, Vysya Bank and the State Bank of Mysore originated from this state.

Description : Which state had made it compulsory to build rooftop rainwater harvesting structure? -Geography

Last Answer : Tamil Nadu is the first state in India which had made compulsory to build rooftop rainwater harvesting structure to all the houses across the state. The government has taken the initiative to punish the individuals who are defaulting.

Description : The coast that belongs to Kerala is known as – (1) Konkan Coast (2) Malabar Coast (3) Coromandel Coast (4) Canara Coast

Last Answer : (2) Malabar Coast Explanation: The Malabar Coast is a long and narrow coastline on the south-western shore line of the mainland Indian subcontinent. In historical contexts, refers to India's ... between the Western Ghats range and the Arabian Sea. Kerala is located on the Malabar coast.

Description : The coast that belongs to Kerala is known as (1) Konkan Coast (2) Malabar Coast (3) Coromandel Coast (4) Canara Coast 

Last Answer : Malabar Coast

Description : India is to get $1 bn funding for solar projects from which of the following? A) World Bank B) Asian Development Bank C) International Monetary Fund D) European Development Bank E) None of these

Last Answer : A) World Bank Explanation: The World Bank today committed USD 1 billion (about Rs 6,750 crore) to support solar energy programme in India, which is reducing dependence on conventional energy sources to reduce greenhouse gas emissions.

Description : Kotak Mahindra Bank has enabled which of the following banks online shopping portal on its mobile banking app to provide seamless shopping experience for its customers? A) Flipkart B) Snapdeal C) Amazon India D) Ebay India E) Mytra

Last Answer : A) Flipkart Explanation: Private sector lender Kotak Mahindra Bank has enabled online shopping portal Flipkart in its mobile banking application in order to ensure a seamless shopping experience for its ... mode. Through this integration the bank will try to solve that problem for our customers.

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 : Co-operative banks are regulated by the Reserve Bank of India under _________ A. Banking Regulation Act, 1949 B. Banking Laws (Application to Co-operative Societies) Act, 1965 C. Both (A) and (B) D. Negotiable Instrument Act–1881 E. None of the Above

Last Answer : C. Both (A) and (B) Explanation: Co-operative banks are regulated by the Reserve Bank of India under the Banking Regulation Act, 1949 and Banking Laws (Application to Co-operative Societies) Act, 1965

Description : CERSAI incorporated with majority share holding of ________ A. Government of India B. National Housing Bank C. Public Sector Banks D. Both (B) and (C) E. (A), (C) and (B)

Last Answer : A. Government of India Explanation: 51% of the equity is owned by the government, and the rest is owned equally by National Housing Bank and 10 other public sector 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 : Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above

Last Answer : A. Section 35A Explanation: The Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets. It has issued a directive to banks under Section 35A of the Banking Regulation Act, 1949.

Description : Reserve Bank of India gave “in-principle” licences to _______ entities to launch payments banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above

Last Answer : B. 11 Explanation: Reserve Bank of India gave -in-principle licences to 11 entities to launch payments banks. They are:- Aditya Birla Nuvo Airtel M Commerce Services Cholamandalam ... Reliance Industries Dilip Shanghvi, Sun Pharmaceuticals Vijay Shekhar Sharma, Paytm Tech Mahindra Vodafone M-Pesa.

Description : Reserve Bank of India gave provisional licences to _______ entities to launch small finance banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above

Last Answer : A. 10 Explanation: Reserve Bank of India gave provisional licences to 10 entities out of 72 applicants to launch small finance banks. The selected applicants are: Au Financiers (Jaipur), ... Micro Finance (Navi Mumbai), Ujjivan Financial Services (Bengaluru) and Utkarsh Micro Finance (Varanasi).

Description : Half a million people have signed up to storm Area 51. Will you be rooting for them?

Last Answer : Silly stuff.