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Banking Current Affairs October 2017 | Questions & Answers

Banking Current Affairs October 2017 

RBI Policy Rates in October 2017

Repo Rate: 6%

Reverse Repo Rate: 5.75%

Marginal Standing Facility Rate: 6.25%

Bank Rate: 6.25%

SLR (Statutory Liquidity Ratio): 19.5%

Who has been appointed as the MD & CEO ( Managing Director & Chief Executive Office) of India Post Payments Bank (IPPB)?
Mr. Suresh Sethi.

Recently ADB (Asian Development Bank) has signed an agreement with govt. of India for a loan of _____________ for the state of Karnataka.
Rs. 6.55 million dollars.

Name the web portal that has been launched by the SIDBI to provide easy access to credit and hand-holding services for MSME (Micro Small Medium Enterprises).

About SIDBI: Small Industries Development Bank of India
Chairman: Mohammad Mustafa.
Headquarters: Lucknow, Uttar Pradesh.

According to Canalys report, Which country is world’s second largest smartphone market in 2017?

1st: China, 2nd: India, 3rd: US.

Which private sector bank has been tied up with MobiKwik to launch a co-branded wallet (‘IndusInd MobiKwik’)?
IndusInd Bank

Head Quarters: Mumbai,
Chairman: R.Seshasayee

Who is the newly appointed CEO of HSBC India (Hongkong and Shanghai Banking
Jayant Rikhye

HSBC Head Quarters: London, UK.
HSBC Group CEO: John Flint.

Which state government has launched ‘Bhavantar Bhugtan Yojna’ under which the farmers of the state will be given loans at zero percent interest?
Madhya Pradesh

Chief Minister: Shivraj Singh Chouhan, Governor: Om Prakash Kohli.

Expand NIIF, recently NIIF India has signed an agreement worth 1 billion dollars with Abu Dhabi Investment Authority.
National Investment and Infrastructure Fund
CEO of NIIF: Sujoy Bose.

According to Forbe’s report, Jeff Bezos has been overtaken Bill Gates in the list of World’s richest persons in 2017, Who is Jeff Bezos?
Amazon Founder.

According to IMF (International Monetary Fund), What is the economic growth rate of India for the financial year 2017-18?

Head Quarters of IMF: Washington D.C.
MD: Christina Lagarde.

Which private sector bank has provided Rs. 10 crore financial assistance to the Indian Armed Forces?
MD & CEO of ICICI Bank: Chanda Kochhar,

According to World Bank, What is the economic growth rate of India for the financial year 2017-18?

World Bank President: Jim Yong Kim,
Head Office: Washington D. C.

Who has been appointed as the new chairman of State Bank of India after the retirement of Mrs. Arundati Bhattacharya?
Rajnish Kumar

Who is the chairman of RBI’s 10 members high-level task force on PCR( Public Credit Registry) for India?
Y M Deosthalee.

Who is appointed as the CEO of AMFI (Association of Mutual Funds in India)?
NS Venkatesh

Which private sector bank has acquired the online payment portal Freecharge for Rs373 crore?
Axis Bank.

CEO of Freecharge: Sangram Singh.
CEO of Axis Bank: Shikha Sharma.

Which PSU Bank has launched the mobile app named as ‘Union Sahayog’?
Union Bank of India.

Which bank has launched ‘Smartup Zones’ to provide banking and advisory solutions to the startup organizations?
HDFC Bank.

The union ministry has signed a MoU with which country on TITP (Technical Intern Training Program), under this program 3 lakh youth will be sent for on job training for 3-5 years?

Prime Minister of Japan: Shinzo Abe
Currency: Japanese Yen
Capital: Tokyo

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