BENCHHMARK

Q1. Which public sector bank has decided to exit from housing finance business?
(a) Canara Bank
(b) Central Bank of India
(c) Union Bank of India
(d) Bank of India
(e) Bank of Baroda

Q2. Who is the head of the committee constituted by RBI regarding restructuring of loans impacted by COVID?
(a) Rajiv Maharishi
(b) Uday Kotak
(c) Usha Thorat
(d) KV Kamath
(e) Urjit Patel

Q3. Which bank has launched its new brand campaign titled ‘Contactless Connections’, to spreads the message that love and care can be shared even during this difficult period where social distancing is the norm?
(a) SBI Card
(b) ICICI Bank
(c) HDFC Bank
(d) Yes Bank
(e) Axis Bank

Q4. In partnership with which fintech company the Yes Bank has launched ‘Yes Private Prime Credit Card’ for the Affluent and Ultra High-Net-Worth-Individuals of India?
(a) VISA
(b) Google Pay
(c) Mastercard
(d) Rupay
(e) NPCI

Q5. Which Payments Bank has unveiled a new digital payment app DakPay?
(a) India Post Payments Bank
(b) Airtel Payments Bank Limited
(c) India Post Payments Bank Limited
(d) Fino Payments Bank Limited
(e) Paytm Payments Bank Limited

S1.Ans.(b)
Sol. State-owned Central Bank of India will exit housing finance joint venture.

S2.Ans.(d)
Sol. The committee appointed by Reserve Bank of India headed by KV Kamath for finalizing loan resolution plans.

S3.Ans.(a)
Sol. SBI Card has launched its brand campaign titled ‘Contactless Connections’, which aims to spreads the message that love and care can be shared even during this difficult period where social distancing is the norm.

S4.Ans.(c)
Sol. YES Bank in partnership with Mastercard launched ‘Yes Private Prime Credit Card’ for the Affluent and Ultra High-Net-Worth-Individuals (HNWIs) of India.

S5.Ans.(a)
Sol. Department of Posts and India Post Payments Bank unveiled a new digital payment app DakPay.