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Banking Current Affairs April 2017 – Part1

RBI Policy Rates (1st Bi-Monthly Policy Rates Review for the FY2017-18)

Repo Rate – 6.25%

Reverse Repo Rate –6%

CRR (Cash Reserve Ratio) – 4%

Bank Rate: 6.5%

MSF (Marginal Standing Facility) – 6.5%

SLR (Statutory Liquidity Ratio) – 20.5%.




To Know more about Bank Rate, Repo Rate, Reverse Repo Rate, MSF, SLR, and CRR.

Latest Banking News April 2017 – Banking and Financial News 

What is the percentage hike in GDP growth rate for the current fiscal year 2017-18 from previous year 6.7%?
(a) 7.8%
(b) 7.4%
(c) 7.6%
(d) 7.2%

Which financial organization has celebrated its 82nd Establishment day on 1st April 2017?
(a) RBI
(b) NABARD
(c) HDFC
(d) World Bank

Important Questions on RBI Click here

Which Financial entity has disbursed Rs 245 crore as prize money to 18 lakh customers under Niti Aayog’s Lucky Draw scheme to encourage digital transactions?

NPCI (National Payments Corporation of India ) –
MD & CEO of NPCI: A. P. Hota.

Which bank has been partnered with BSNL to upgrade its bandwidth at all its branches to 2 Mbps?
Canara bank.

Recently which country has officially recognized the Bitcoin as currency and legally allowed its circulation in that country?
(a) Brazil
(b) Japan
(c) China
(d) Qatar

Japan Currency – Japanese yen, Capital: Tokyo
PM: Shinzo Abe

Recently the RBI has cleared a proposal to introduce new currency notes of which denomination?
(a) Rs. 100
(b) Rs. 200
(c) Rs. 300
(d) Rs. 600

Who is the newly appointed MD and CEO of IDBI Bank?
(a) Mahesh Kumar Jain
(b) Kishor Kharat
(c) Ashwini Kumar
(d) Arun Shrivastava

Which of the following two mobile apps are launched by the union government to provide services and information?
e- challan and mParivahan

Who is the MD & CEO of NBHC (National Bulk Handling Corporation)?
(a) Mahesh Kumar Jain
(b) Mahinder Singh Juneja.
(c)  Ajit Patil
(d) H.R. Khan

Who is the new Deputy Governor of RBI?
(a) Ajay Sinha
(b) Ashwini Kumar
(c) BP Kanungo
(d) Malvika Sinha

Which bank has partnered with SBI card to launch Co-branded credit cards for its customers?
(a) KVB (Karur Vysya Bank)
(b) AXIS Bank
(c) Karnataka Bank
(d) HDFC Bank.

Who is the new chairman of CBEC (Central Board of Excise and Customs)?
(a) Ankita Sinha
(b) Vanaja Sarna
(c) Malvika Singh
(d) Usha Ananthasubramanian

Who is the newly charged CEO of Indian Bank in April 2017?
(a) Kishore Kharat
(b) Rakesh Sharma
(c) Ajay Sinha
(d) Jai Kumar Garg