Banking, Finance & Economy Current Affairs Quiz – December 14, 2022
December 14, 2022 December 14, 2022
1. Which of the following institutions gave its recent approval to a policy-based loan of USD 250 million recently to enhance the Indian logistics sector?
[A] World Bank
[B] IMF
[C] NDB
[D] ADB
Show Answer
Correct Answer: D [ADB]
Notes:
The Asian Development Bank (ADB) approved a USD 250 million policy-based loans to strengthen the logistics sector in India.
2. Which of the following financial institutions recently signed a collaboration arrangement with Bajaj Allianz Life Insurance Company Ltd. for bancassurance?
[A] Karur Vysya Bank
[B] Saraswati Cooperative Bank
[C] Tamilnad Mercantile Bank
[D] Bangiya Gramin Vikas
Show Answer
Correct Answer: C [Tamilnad Mercantile Bank]
Notes:
The Tamilnad Mercantile Bank Ltd. (TMBL) signed a partnership agreement with Bajaj Allianz Life Insurance Co. Ltd. for bancassurance. The strategic alliance was signed by the MD and CEO of TMBL, S. Krishnan, and the MD and CEO of Bajaj Allianz Life, Tarun Chugh. The primary objective of this partnership is to sell the life insurance products of Bajaj Allianz through the 500 branches of TMBL.
3. Which of the following organizations recently announced the start of the sixth edition of the “Parivartan Smartup Grants”?
[A] IndusInd Bank
[B] Canara Bank
[C] HDFC Bank
[D] ICICI Bank
Show Answer
Correct Answer: C [HDFC Bank]
Notes:
HDFC Bank Ltd., in collaboration with the Government of India’s Startup India, launched the sixth “Parivartan Smartup Grants.” Parivartan Smartup Grants is an annual grant programme for social startups. The initiative aims to identify startups working towards social impacts and assist them through monetary grants. Through its Smartup program, the bank will provide specialised banking and value-added services to startups. The 6th Parivartan Smartup Grants will focus on capacity building for startups and incubators in Tier II and Tier III cities across the country.
4. Who has been appointed as Ashok Leyland’s new MD and CEO?
[A] Arun Kumar Singh
[B] Vinit Kumar
[C] Jaykumar Sammed
[D] Shenu Agarwal
Show Answer
Correct Answer: D [Shenu Agarwal]
Notes:
India’s leading commercial vehicle manufacturer Ashok Leyland has appointed Shenu Agarwal as its new Managing Director (MD) and Chief Executive Officer (CEO).
5. Which of the following states/UTs received first place in the category of Ayushman Bharat health account ID creation during the celebration of Universal Health Coverage Day 2022?
[A] Jammu and Kashmir
[B] Tamil Nadu
[C] Ladakh
[D] Telangana
Show Answer
Correct Answer: A [Jammu and Kashmir]
Notes:
Jammu and Kashmir has been awarded 1st prize in the category for Ayushman Bharat health account ID generation and 2nd prize in the category for Teleconsultation conducted during the celebration of Universal Health Coverage Day 2022.
