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On which Act, the Income Tax department will punish the people who will deposit their unaccounted old currency in some others bank accounts?Benami Transactions Act, (If anybody violates this, it will cause them to pay penalty, prosecution and enforce them to jail for maximum seven years).

According to Ambit Capital, The Indian GDP growth estimate will be decreased to ______________% from 7.3 % in the FY2018 due to demonetization of currency (Rs.500 & Rs.1000) notes?5.8%

RBI Policy Rates - Latest Update

Bank Rate (BR): 6.75%. Repo rate: 6.25%. Reverse repo rate : 5.75 %. Cash Reserve Ratio (CRR): 4% of Net Demand and Time liability (NDTL). Statutory Liquidity Ratio (SLR):20.75%.Marginal standing facility (MSF): 6.75%

How much amount of black money was disclosed by the Indian Finance Minister under Income Declaration Scheme in the form of cash and other assets in 2016?Rs.65,250 crores.

In which year, The currency notes of value Rs. 5000 and Rs. 10,000 were demonitized which were introduced in the year 1954?January 1978.

Name the portal which was launched by the RBI to curb illegal money by filing complaints on black money / illegal pooling of money?

sachet.rbi.org.in

Name the three economists who are appointed to the Monitory Policy Committee by the union govt.?Chetan Ghate, Pami Dua, and Ravindra Dholakia.

Name the mobile app launched by Karnataka Bank that was built on UPI(Unified Payments Interface) platform of NPCI (National Payments Corporation of India)?

KBL-SMARTz

RBI has imposed penalty on which four co-operative banks for violating its norms?Co-operative City Bank.Indapur Urban Co-operative BankShri Dadasaheb Gajmal Co-operative Bank.Model Urban Co-operative Bank.

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What is the ECB (External Commercial Borrowings) limit set by the RBI (Reserve Bank of India) for start up organizations for the maturity period of 3years?$3 million(ECB is the amount borrowed from foreign sources to invest in the commercial activities in India other than equity capital are called ECBs).

Which is the first Indian bank to open branch in Yangon, the capital city of Myanmar?State Bank of India. (This is the 54th overseas branch of SBI).

Which is the social media banking platform that was launched by State Bank of India for facebook and twitter users?.SBI Mingle

Which is the Indias first firm to get debt recast under RBIs new Scheme for Sustainable Structuring of Stressed Assets (S4A)?HCC ( Hindustan Construction Company).

Which is the first bank to introduce software robotics for power banking operations?

ICICI Bank.

Who is the 24th Governor of RBI appointed in August 2016?Mr. Urjit Patil.

Who was the newly appointed deputy governor of the Reserve Bank of India (RBI) in 2016?

NS Viwanadhan.

Who is appointed as New Executive Director of the Reserve Bank of India (RBI) in place of N S Viswanathan?

Sudarshan Sen.

Name the six banks which were got approval to merge with State Bank of India with itself in August 2016?State Bank of Hyderabad,State Bank of Mysore, State Bank of Travancore, State Bank of Bikaner State Bank of Jaipur, and Bharatiya Mahila Bank (BMB).

Which city has been considered as the wealthiest city in India?Mumbai ( Total wealth - 820 billion dollars).

Which is the most valuable brand of India in the list of Top 50 valuable brands report?HDFC

Who is the newly appointed Managing Director (MD ) & CEO of SBI Mutual Fund?Anuradha Rao.

Who was appointed as the chairman of LIC (Life Insurance Corporation of India) after replacement of SK Roy in 17th September 2016?

V K Sharma.

Who is the newly elected Chairman of Indian Bank Association (IBA) for the financial year 2016-17?Rajeev Rishi.

Who is the newly appointed Non - Executive Chairman of the 5th largest private secor bank ,YES Bank?

Ashok Chawla.

Which committee was set up to study the various issues in the house hold finances in India?

Tarun Ramdorai Committee

What is the inflation target fixed by the union government for the next 5 years till March 31, 2021?4% .

Karnataka Bank Inked with which organization for distributing the mutual fund products?Birla Sun Life Asset Management company.

Which country is at the top position in milk production?India (18.5% of world's production with the growth rate of 6.26% as per the economic survey of 2015 -16).

Federal Bank has tied up with which mobile banking application for providing cashless transactions?

Chillr.

Andhra Bank has launched 3 in one Online Investment and Trading Platform by collaborating Geojit BNP Paribas Financial Services?AB eTrade.

Central Bank has banned the cash transactions over ___________ worth to curb black money in India?

Rs.3 lakhs.( Those transactions can be taken place through debit cards, credit cards so that they can be tracked easily).

Which private sector bank has tied up with IT company, IBM to provide Cloud Commerce Solutions?

IndusInd Bank.

Kotek Mahindra Bank has been tied up with which e-commerce online shopping portal to pay air tickets, hotel bills, bus tickets by expanding bank's in app shop ,mStore?Flipkart.

Syndicate Bank has launched which project to improve digital banking services?Ananya

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