Banking, Finance & Economy Current Affairs Quiz – October 22 , 2022
October 22, 2022 October 22, 2022
1. Which payment bank has partnered Mahindra & Mahindra Financial Services to expand loan access?
[A] Airtel Payments Bank
[B] Paytm Payments Bank
[C] India Post Payments Bank
[D] Fino Payments Bank
Show Answer
Correct Answer: C [India Post Payments Bank]
Notes:
Mahindra & Mahindra Financial Services has partnered with India Post Payments Bank (IPPB) to further enhance credit access to a larger customer base.
2. Mission Schools of Excellence was inaugurated by Prime Minister Narendra Modi in which state?
[A] Rajasthan
[B] Maharashtra
[C] Uttar Pradesh
[D] Gujarat
Show Answer
Correct Answer: D [Gujarat]
Notes:
At a ceremony held at Trimandir, Gujarat, Prime Minister Narendra Modi officially introduced the Mission Schools of Excellence initiative. In addition to that, he launched projects with a combined value of 4,260 crores.
3. Who is India Trade Promotion Organization (ITPO) Chairman and Managing Director?
[A] Pradeep Kharola
[B] R Venkataramani
[C] Mukul Rohatgi
[D] Aryama Sundaram
Show Answer
Correct Answer: A [Pradeep Kharola]
Notes:
Pradeep Singh Kharola, who formerly served as India’s Secretary of Civil Aviation, has been chosen to lead the India Trade Promotion Organization in the roles of Chairman and Managing Director (ITPO).
4. Which payments bank collaborated with the RBIH in October 2022 to innovate financial products and services?
[A] India Post Payments Bank Ltd
[B] Paytm Payments Bank Ltd
[C] FINO Payments Bank Ltd
[D] NSDL Payments Bank Ltd
Show Answer
Correct Answer: A [India Post Payments Bank Ltd]
Notes:
India Post Payments Bank (IPPB) & Reserve Bank Innovation Hub (RBIH) Collaborate for innovations in Financial Product & Services.
5. How many banks signed MoUs to pay Agnives?
[A] 11
[B] 12
[C] 13
[D] 14
Show Answer
Correct Answer: A [11]
Notes:
Indian Army has signed MoU with 11 banks for providing salaries to Agniveers.These banks include the State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, etc. The features and benefits offered are similar to those of defence salary package. The MoUs are signed by DG, Lieutenant General V Sreehari, and senior officials of the respective banks.