Banking, Finance & Economy Current Affairs Quiz -November 22, 2022
November 22, 2022 November 22, 2022
1. Which of the following was the first Indian-based corporation to establish the European Work Council (EWC)?
[A] Tata
[B] Infosys
[C] Reliance
[D] Wipro
Show Answer
Correct Answer: D [Wipro]
Notes:
Wipro Limited became the first Indian headquartered company to set up the European Work Council (EWC).
2. Which insurance company recently partnered with InsuranceDekho to provide customers throughout the nation with a range of insurance products?
[A] Max Life
[B] Bharati AXA
[C] LIC
[D] Bajaj Allianz
Show Answer
Correct Answer: C [LIC]
Notes:
The Life Insurance Corporation (LIC) partnered with InsuranceDekho to offer multiple insurance products to customers across the country. In this partnership, the insurance plans of LIC will be offered to the customers on InsuranceDekho’s platform.
3. Who recently started the 100-day Current Account Savings Account (CASA) Campaign?
[A] Bank of Maharashtra
[B] Karnataka Bank Ltd
[C] Vijaya Bank
[D] Bank of Baroda
Show Answer
Correct Answer: B [Karnataka Bank Ltd]
Notes:
The Karnataka Bank Limited (KBL) launched a 100-day Current Account Savings Account (CASA) Campaign. The 100-day CASA campaign was launched for the fiscal year 2022-23 (FY-23) to mark the bank’s 100th anniversary. CASA is a national-level campaign that will be organized from November 15 to March 24, 2023.The primary objective of this campaign by KBL is to introduce its customers to various options of digitally enabled savings accounts.
4. The Asian Development Bank authorized a loan of 400 million dollars for?
[A] Maharashtra
[B] Gujarat
[C] Madhya Pradesh
[D] Uttar Pradesh
Show Answer
Correct Answer: A [Maharashtra]
Notes:
The Asian Development Bank (ADB) approved a loan of USD 400 million to the Maharashtra government. The loan of USD 400 million to the Maharashtra government was approved by the ADB to bring in 5,000 e-Buses in the state. The primary objective of this step is to help India to decarbonize its transport sector using e-mobility.
5. Which bank recently established a flexible option for the appointment and removal of Independent Directors from company boards?
[A] SEBI
[B] NABARD
[C] SIDBI
[D] RBI
Show Answer
Correct Answer: A [SEBI]
Notes:
The Securities and Exchange Board of India (SEBI) introduced a flexible option regarding the appointment and removal of Independent Directors from the board of companies.
