Important Current Affairs Questions

Question 1. The Government & the Reserve Bank has sharply raised the MSS ceiling to Rs 6 lakh crore from Rs 30,000 crore in order to mop up extra liquidity from the system in view of demonetisation. What does MSS stands for?
Answer: Market Stabilisation Scheme

Question 2. State Bank of India (SBI) has launched its mobile wallet application State Bank MobiCash Mobile Wallet in partnership with which telecommunication company?
Answer: BSNL

Question 3. In association with which bank, Edible oil firm Ruchi Soya Industries has launched an initiative ‘Kisan Kalyan Ayojan’ to provide banking assistance to farmers?
Answer: State Bank of India

Question 4. What is the name of the portal which was launched by Reserve Bank of India to check illegal money collection?

Answer: Sachet portal(sachet.rbi.org.in)

Question 5. Who has been appointed as Brand Ambassador of state-owned Punjab National Bank (PNB)?
Answer: Virat Kohli

Question 6. With which bank, Indian Army has signed MoU on the defence salary package under which the bank will provide free/ concessional services to the Army?
Answer: Corporation Bank

Question 7. Who has been appointed as Executive Director (ED) of Indian Overseas Bank (IOB)?
Answer: R Subramania Kumar

Question 8. In which state, Airtel Payments Bank Limited has launched India's first live Payments Bank?
Answer: Rajasthan

Question 9. Which private bank has bagged the ‘Best MSME Bank Award (private sector) 2016’ instituted by Assocham?
Answer: Karnataka Bank Ltd

Question 10. The Reserve Bank of India has decreased the GDP growth forecast for the current fiscal by what percent?
Answer: 0.5%

Question 11. With which IIT, State Bank of India signed an MoU to foster innovation in the financial technology space?
Answer: IIT Kharagpur

Question 12. Who has joined Axis Bank as their head of marketing?

Answer: Asha Kharga

Question 13. Which bank has partnered with ola to provide cash-on-demand at customer’s doorstep?
Answer: YES Bank

Question 14. Who has been appointed as the Non-Executive Chairman Of Yes Bank?
Answer: Ashok Chawla

Question 15. Which Bank has bagged the ‘Best MSME Bank Award 2016’ instituted by Assocham?
Answer: Corporation Bank

Question 16. Which bank has launched an Unstructured Supplementary Service Data (USSD) based *99# Mobile Application for their customers for basic banking needs?
Answer: Union Bank of India (UBI)

Question 17. Recently, Which foreign bank has shut down its Indian business?
Answer: Commonwealth Bank

Question 18. Which payments bank has become the first payments bank in India to introduce that any customer opening a savings account with it will get one minute of talk time on his/her mobile for every rupee deposited?
Answer: Airtel Payments Bank

Question 19. Who has been appointed  as Chairman & CEO of the Jammu & Kashmir Bank?
Answer: Parvez Ahmed

Question 20. Which bank has partnership with Chillr, a round the clock mobile banking application that connects directly to a person's bank account & enables instant money transfers, bill payments, phone recharge & ecommerce payments in a very secure environment?
Answer: Federal Bank