Banking & Financial Awareness 3

  • The first Indian bank to launch bio-degradable prepaid gift cards _____ Axis Bank.
  • The Union cabinet has allocated how many crores for the Interest Subvention Scheme (ISS) for farmers for the year 2017-18_____Rs. 20,339 crores.
  • The Insurance Regulatory and Development Authority of India (IRDAI) has taken over the administration of ____Sahara India Life Insurance.
  • According to RBI, India’s foreign exchange (Forex) reserves have increased how many billion to touch a lifetime high of USD 381.167 billion in the last week _____ USD 2.404 billion.
  • Indian bank is going to develop 100 digital villages across the country to promote digital banking among the rural population ___Vijaya Bank.
  • The bank has launched a retail lending concept Retail Mart in Kerala _____Indian Overseas Bank (IOB).
  • The Canara Bank has tied up with the general insurance company to sell policies through its branches _____ New India Assurance Company Limited.
  • The World Bank has approved financing worth for Afghanistan to support a string of projects to boost the economy ____USD 500 million.
  • Who has appointed as part-time chairman of Lakshmi Vilas Bank for 3 years ___B K Manjunath.
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