Current General Awareness-25

Current Affairs IBPS CWE RRB Clerks,Bank PO Mains,RPSC,MPSC,SSC

As many as ….. claims were settled towards accidental insurance to RuPay Card holders under the government’s flagship financial Dhan Yojana (PMJDY) as said by PM on 15 August 2017.

(A) 1,767
(B) 757
(C) 7670
(D) 76
(E) 17,670

On 28 August 2017, the PM said that 30 crore new families have got Jan Dhan accounts in which, almost ……… have been deposited

(A) Rs.15,000 crore
(B) Rs.60,000 crore
(C) Rs.35,000 crore
(D) Rs.40,000 crore
(E) Rs.65,000 crore

Finance Minister Arun Jaitley on 27 August 2017 said that India is within the reach of ‘1 billion-1 billion -1 billion’ vision, based on the government’s JAM Trinity approach ‘Jan Dhan, Aadhaar & ……….’ for expediting financial inclusion.

(A) Mobile
(B) Money
(C) Market
(D) Motor
(E) Metro bank accounts

A person/ institution/ organization represents the bank in village areas to provide banking services is called ………

(A) Business Correspondent
(B) Bank Buddy
(C) Banking Guard
(D) Banking Mentor
(E) None

As the Business Correspondent (BC) scheme is also the part of Financial Inclusion as per the order issued by RBI on 11 December 2016, the services can be provided by BC include………

i) Cash Deposit

ii)disbursal of small credit

iii) recovery of ban

iv) sale of micro insurance/ mutual fund products/ pension products

v) opening of locker in the premises of village

(A) i, ii, iii, iv
(B) i, ii, iv, v
(C) ii, iii, v
(D) i, ii, v
(E) i, ii, iii, iv, v

To achieve the financial inclusion goals, RBI permitted to open USBs. What is the full form of USB in this context?

(A) Ultra Snail Branches
(B) Under Small Branches
(C) Ultra Saving Branches
(D) Union Small Branches
(E) Ultra Small Branches

Which bank opened customer Service Point (CSP) to extend financial inclusion targeting urban poor?

(A) Union bank of India
(D) Syndicate Bank
(E) Yes Bank

RBI announced that Masala bonds will be treated as ECBs from 3 Oct 2017. In this context, the term ECB stands for……..

(A) Earned Commercial Borrowings
(B) External Call Borrowings
(C) External Commercial Borrowings
(D) Extra Corporate Bonds
(E) Extra Corporate Builds

Masala bonds are bonds issued outside India but denominated in…… rather than the local currency

(A) American Dollars
(B) British Pounds
(C) Indian Rupees
(D) Euros
(E) Australian Dollars

The term ‘Masala Bond’ first time used by……. to evoke the culture and cuisine of India, as Masala means combination of spices.

(B) Government of India
(E) International Finance Corporation