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A Learning Portal from Recruitment India
In May 2022, which of the following has partnered with Kotak Mahindra Bank and digital payment firm Phi Commerce?
Chandigarh International Airport Limited
Bangalore International Airport Ltd
Delhi International Airport Limited
Mumbai International Airport Limited
Answer with explanation
Answer: Option BExplanation
BIAL partners with Kotak Mahindra Bank and Phi Commerce to facilitate a one-stop payment solution.
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Which bank has partnered with Worldline India to digitize the e-challan system in May 2022?
Axis Bank
Punjab National Bank
State Bank of India
Bank Of India
Answer with explanation
Answer: Option DExplanation
A Memorandum of Association (MoU) was signed between BOI and MP Police Department, Govt. of India to integrate Point of Sale (POS) terminals with the e-challan portal of the police department on May 10, 2022.
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Which of the following public sector bank has introduced its digital broking solution – ‘E- Broking’?
Indian Bank
Bank of Baroda
SBI
Canara Bank
Answer with explanation
Answer: Option AExplanation
Indian Bank, a public sector bank, has introduced its digital broking solution – ‘E- Broking’, as a strategic move toward comprehensive digitalization of its customer products.
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Who has been elected to the Board of Directors of the Federal Reserve Bank of New York?
Shantanu Narayen
Arvind Krishna
Parag Agrawal
Nikesh Arora
Answer with explanation
Answer: Option BExplanation
IBM Chairman and Chief Executive Officer Arvind Krishna have been elected to the Board of Directors of the Federal Reserve Bank of New York. The Federal Reserve Bank of New York said that Krishna will fill the vacancy in the office for the remaining portion of a three-year term ending December 31, 2023.
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Which regulatory body imposed a penalty on Daimler Financial Services India and KKR India Financial Services for non-compliance with laws?
Reserve Bank of India (RBI)
Competition Commission of India (CCI)
Insurance Regulatory and Development Authority
Securities and Exchange Board of India (SEBI)
Answer with explanation
Answer: Option AExplanation
The RBI on Friday imposed a penalty of Rs 5 lakh each on Daimler Financial Services India and KKR India Financial Services for non-compliance with directions related to ‘monitoring of frauds in NBFCs’
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