Some financial news : Good Morning ================================== 1) Which bank claimed first spot in the mobile banking segment in the country, as reported in the latest data released by the RBI on 15 September 2014? – State Bank of India (SBI) ………………………………………………………………….. 2) Despite numerous signs of recovery being seen in Indian economy, banking credit growth plunged to its lowest level in last 5 years. What was the banking credit growth rate as on 31 August 2014, which was the lowest in last 5 years? – 10.9% ………………………………………………………………….. 3) Pension regulator PFRDA during September 2014 constituted an expert committee to review the investment guidelines for National Pension System (NPS) schemes in private sector. Who was appointed as the Chairman of this committee? – G N Bajpai, Former Chairman of SEBI and former Chairman of LIC ………………………………………………………………….. 4) Which private-sector bank announced its unique ‘Cardless Cash Withdrawal’ service on 10 September 2014, which allows its customers to transfer money from their account to anyone in India with a mobile number? – ICICI ………………………………………………………………….. 5) Which public-sector bank during September 2014 sought permission of the RBI to launch contact-less debit cards which would enable customers to carry out some transactions without entering the pin number? – SBI ………………………………………………………………….. 6) State Bank of India (SBI) on 8 September 2014 launched its first multi-currency international debit card to allow consumers to use a single card to pay in multiple currencies. This card launched in a tie-up with MasterCard would, at present, enable customers to load how many international currencies in this card? – Four Explanation: These 4 currencies include US dollar, euro, Great Britain pound and Singapore dollar. More currencies will be added going forward as the card has the facility to be loaded up to 12 currencies. ………………………………………………………………….. 7) State Bank of India (SBI) has recently planned an incentive plan for its employees, which, if implemented, would be the first of its kind in the public sector banking space. What plan is this? – To roll out an employee stock option scheme (ESOS) for employees ………………………………………………………………….. 8) The Reserve Bank of India (RBI) on 9 September 2014 fixed the maximum age for Managing Directors and Chief Executive Officers in private sector banks at 70. This age fixation has been done primarily with regard to which act to be complied by the companies? – The Companies Act, 2013 ………………………………………………………………….. 9) The Reserve Bank of India (RBI) during September 2014 closed down six Urban Cooperative Banks (UCBs), the conduct of whom was found suspicious. What was the main charge against these UCBs? – Being indulged in money laundering activities ………………………………………………………………….. 10) The investments in the Indian capital market through foreign institutional investors (FIIs) broke all records during 2014. What is the aggregate investment through the FII route till 15 September, the data pertaining to which was released by the SEBI on 16 September 2014? – Rs. 1,97,715.9 crore
Posted on: Sat, 04 Oct 2014 03:53:23 +0000
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