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

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
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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-income women groups. The urban micro lending initiative ‗Axis Sahyog‘ under the Bank‘s flagship microfinance programme will be delivered via its technology driven ‗TAB based lending‘ solution.
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Which of the following banks is ready to acquire Microfinance Grama Vidiyal? A) Bandhan Bank B) Yes Bank C) Axis Bank D) Kotak Mahindra Bank E) IDFC Bank

Description : Which of the following banks is ready to acquire Microfinance Grama Vidiyal? A) Bandhan Bank B) Yes Bank C) Axis Bank D) Kotak Mahindra Bank E) IDFC Bank

Last Answer : E) IDFC Bank Explanation: Private sector lender IDFC Bank announced the acquisition of Tamil Nadu-based Grama Vidiyal Microfinance that will help it widen the reach.

Which of the following was declared as “Best Company Promoting Sports (Private sector)” in the country at the National Sports Awards 2015? A) Kotak Mahindra Bank B) Yes Bank C) Axis Bank D) HDFC Bank E) None of these

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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

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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 Barod5. Canara Bank

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Which of the following holds majority stake in CIBIL? A. Bank of India B. Bank of Baroda C. United Bank of India D. TransUnion International E. ICICI Bank Ltd

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Description : Which of the following holds minority stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited

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Which of the following holds 4% stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited

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Which of the following company has changed its name to Bharat Financial Inclusion Ltd.? A) SKS Microfinance Ltd B) Spandana Sphoorty Financial Ltd C) Bhartiya Samruddhi Finance Limited D) Cashpor Micro Credit E) None of these

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D) ICICI Bank Explanation: New features will enable customers to instantly pay taxes and book railway tickets within the app. iMobile users will also be able to purchase travel & motor insurance as well as buy mutual funds from 19 asset management companies.

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Last Answer : According to HSBC, India is expected to contribute how much of the world GDP by the middle of next decade? A) 4.3% B) 4.9% C) 5.2% D) 3.4% E) None of these

_______ is the first development bank of the country. A. ICICI. B. IDBI. C. SFC. D. IFCI.

Description : _______ is the first development bank of the country. A. ICICI. B. IDBI. C. SFC. D. IFCI.

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Last Answer : (1) To provide quality and speedy redressal of grievances of customers. Explanation: The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating ... Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.

What is the role of “Ombudsman” in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To inspect the internal working of the branches. (4) To monitor the poverty alleviation programmes undertaken by or implemented by the bank.

Description : What is the role of Ombudsman in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To ... of the branches. (4) To monitor the poverty alleviation programmes undertaken by or implemented by the bank.

Last Answer : To provide quality and speedy redressal of grievances of customers.

For expanding access to banking services, the RBI has advised banks to open branches with minimum infrastructure support of 8 to 10BC units at a reasonable 3-4km. Such branches are known as _______ A. White Label ATMs B. Ultra Small Branches C. Banking Kiosks D. CBS Terminals E. ICT Hubs

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Last Answer : B. Ultra Small Branches Explanation: Ultra Small Branches may be set up between the base branch and BC locations so as to provide support to about 8-10 BC Units at a reasonable distance ... for operating large customer transaction and would have to be managed full time by bank officers/ employees.

RBI can inspect the branches of Banks under _______ of the Banking Regulation Act, 1949 A. Section 35 B. Section 25 C. Section 15 D. Section 30 E. None of the Above

Description : RBI can inspect the branches of Banks under _______ of the Banking Regulation Act, 1949 A. Section 35 B. Section 25 C. Section 15 D. Section 30 E. None of the Above

Last Answer : A. Section 35 Explanation: RBI can inspect the branches of Banks under section 35 of the Banking Regulation Act, 1949

Earlier in July, which of the following companies was upgraded to a high safety grade by Crisil? A) Manappuram Finance Limited B) Mahindra Finance C) Muthoot Finance D) Kosamattam E) None of these

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Soon to be set up India Post Payments Bank will have how many branches in the country? A) 650 B) 550 C) 500 D) 750 E) 600

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Understand How MSME Certified Units can apply for Business loans from SBI, HDFC Bank, ICICI Bank, and Others?

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Which was the first Indian Bank to introduce credit card ? 1. State Bank of India 2. Central Bank of India 3. Union Bank of India 4. ICICI Bank 5. None of these

Description : Which was the first Indian Bank to introduce credit card ? 1. State Bank of India 2. Central Bank of India 3. Union Bank of India 4. ICICI Bank 5. None of these

Last Answer : Central Bank of India

Which of the following is not an International Financial Institution A. ICICI B. IMF C. IDA D. World Bank

Description : Which of the following is not an International Financial Institution A. ICICI B. IMF C. IDA D. World Bank

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Which of the following is not an International Financial Institution? A. ICICI B. IMF C. D. IDA World Bank

Description : Which of the following is not an International Financial Institution? A. ICICI B. IMF C. D. IDA World Bank

Last Answer : ICICI

Who has been appointed as the CEO of the ICICI Bank with Effect from May 1, 2009?

Description : Who has been appointed as the CEO of the ICICI Bank with Effect from May 1, 2009?

Last Answer : Chanda D Kochhar

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Description : SIDBI is a subsidiary bank of (a) IDBI ; (b) SBI ; (c) HDFC ; (d) ICICI

Last Answer : (a) IDBI ;

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

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Description : Which of the following companies has tied up with ICICI Lombard General Insurance to offer motor insurance to its customers? A) Audi B) BMW C) Ford D) Porsche E) Volkswagen

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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

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

HDFC Ergo general insurance company has agreed to buy which of the following company‟s general insurance business for Rs 551 crore? A) L&T B) Tata C) ICICI Lombard D) Bajaj Allianz E) IFFCO-Tokio

Description : HDFC Ergo general insurance company has agreed to buy which of the following company‟s general insurance business for Rs 551 crore? A) L&T B) Tata C) ICICI Lombard D) Bajaj Allianz E) IFFCO-Tokio

Last Answer : A) L&T Explanation: HDFC has agreed to pay around 1.1 times the gross premium of L&T General Insurance Company This will help HDFC Ergo improve its ranking in the sector from fourth largest to third largest in the private sector insurance segment.

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Description : Max Life and Max Financial Services have entered into merger agreement with which of the following insurance company? A) Oriental Insurance Company B) ICICI Prudential Life Insurance Co. Ltd C) HDFC Standard Life D) Tata AIG general Insurance E) Birla Sun Life Insurance

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After Mumbai, Doha bank is now going to open its branches in which city? A) Palakkad B) Kochi C) Idukki D) Kasaragod E) None of these

Description : After Mumbai, Doha bank is now going to open its branches in which city? A) Palakkad B) Kochi C) Idukki D) Kasaragod E) None of these

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Microfinance that pays you back?

Description : Microfinance that pays you back?

Last Answer : I’m not convinced that charities are concerned with ensuring a profitable return. I don’t think they look at you as an investor, as much as a donator.

Which Bengali established the first rural microfinance and village development project ?

Description : Which Bengali established the first rural microfinance and village development project ?

Last Answer : Rabindranath Tagore. The poet sent his son Rathindranath Tagore to Eleanor University in Urbana, USA to receive training and higher education in agriculture and animal husbandry.