By admin 10 November 2023
Best October Current Affairs by Best IBPS PO Coaching Institute
Staying updated with the latest general knowledge and current affairs is necessary when preparing for competitive exams. At Vidya Guru, our team of experts tracks news and events across diverse areas like politics, business, sports, technology, arts, and more to formulate relevant questions. Practicing these will build awareness of national and global developments.
For instance, questions may test your grasp of the Union Budget, government policies, the appointment of officials, sports wins, science innovations, literature awards, and so on. Current affairs questions also evaluate your conceptual understanding and ability to apply logic. Regularly attempting questions on recent affairs along with static GK gives exam-readiness. Our vast bank of MCQ tests, customized for the IBPS PO exam, ensures you cover events comprehensively so news updates stay on track.
1) Union Minister, Shri. Dharmendra Pradhan has launched the “Skills on Wheels” initiative in partnership with NSDC and ______
A) Yes Bank
B) IndusInd Bank
C) Federal Bank
D) Axis Bank
E) None of these
Answer – B) IndusInd Bank
Explanation:
Union Minister for Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan and Speaker, Lok Sabha, Shri Om Birla have launched ‘Skills on Wheels’ initiative with NSDC and IndusInd Bank with a flagging off ceremony. Under the partnership, 60,000 youth will be empowered over a period of five years with the objective of improving livelihood of rural households by providing relevant skills training to its youth population.
2) Which among the following banks has partnered with Maruti Suzuki to provide financing solutions to dealers?
A) Canara Bank
B) IOB
C) Indian Bank
D) UBI
E) None of these
Answer – C) Indian Bank
Explanation:
Indian Bank has partnered with Maruti Suzuki to provide financing solutions to dealers.
3) Juspay has partnered with _____ to launch Hyper UPI.
A) Yes Bank
B) IndusInd Bank
C) Federal Bank
D) Axis Bank
E) None of these
Answer – A) Yes Bank
Explanation:
Yes Bank has collaborated with Juspay to launch HyperUPI, a UPI based plug-in service.
4) Cross-border payments fintech company BriskPe has partnered with _____to introduce “BriskPe A2A”?
A) Yes Bank
B) IndusInd Bank
C) Federal Bank
D) Axis Bank
E) None of these
Answer – A) Yes Bank
Explanation:
Cross-border payments’ fintech company BriskPe and Yes Bank have partnered to introduce BriskPe A2A, a suite of solutions designed to empower exporters and importers.
5) Which among the following banks has signed an MoU with startupTN for promoting innovation and entrepreneurship in Tamil Nadu?
A) Yes Bank
B) HDFC Bank
C) Axis Bank
D) ICICI Bank
E) None of these
Answer – B) HDFC Bank
Explanation:
HDFC Bank has signed an MoU with startupTN for promoting innovation and entrepreneurship in Tamil Nadu.
6) Tata Power Solar Systems Limited (TPSSL) has inked an MoU with ______ to provide accessible financing options to MSMEs for adopting solar energy solutions.
A) NABARD
B) SEBI
C) SIDBI
D) NHB
E) None of these
Answer – C) SIDBI
Explanation:
Tata Power Solar Systems Limited (TPSSL) has inked an MoU with SIDBI to provide accessible financing options to MSMEs for adopting solar energy solutions.
7) Which among the following banks has signed a co-lending agreement with Credit Wise Capital for two-wheeler financing?
A) Yes Bank
B) HDFC Bank
C) IndusInd Bank
D) Axis Bank
E) None of these
Answer – B) HDFC Bank
Explanation:
HDFC Bank has entered into a co-lending agreement with technology-driven NBFC Credit Wise Capital for two-wheeler financing.
8) Which among the following companies has launched “Autopay on QR” in collaboration with the National Payments Corporation of India (NPCI)?
A) Paypal
B) Cashfree Payments
C) Payoneer
D) Square Payments
E) None of these
Answer – B) Cashfree Payments
Explanation:
Cashfree Payments has launched “Autopay on QR” in collaboration with the National Payments Corporation of India (NPCI).
9) IIT Kanpur has signed an MoU with private lender ______ to provide startups with a comprehensive support system.
A) Yes Bank
B) HDFC Bank
C) ICICI Bank
D) Axis Bank
E) None of these
Answer – C) ICICI Bank
Explanation:
The IIT Kanpur has signed a Memorandum of Understanding (MoU) with the ICICI Bank to provide startups with a comprehensive support system.
10) Which among the following states has signed an MoU with six public sector banks for providing banking services in all unbanked Gram Panchayats of the state?
A) Manipur
B) Odisha
C) Sikkim
D) Assam
E) None of these
Answer – B) Odisha
Explanation:
The state government of Odisha has signed an MoU with six public sector banks (State Bank of India, Punjab National Bank, Union Bank of India, UCO Bank, Bank of India and Bank of Baroda) for providing banking services in all unbanked Gram Panchayats (GPs) of the state through customer service point (CSP) plus banking outlets.
11) Who among the following persons has been appointed as the Chairman of Mastercard India?
A) Dinesh Kumar Khara
B) Rajnish Kumar
C) Suhail Sameer
D) Arundhati Bhattacharya
E) None of these
Answer – B) Rajnish Kumar
Explanation:
Former State Bank of India (SBI) Chairman Rajnish Kumar has been appointed the Chairman of Mastercard India.
12) Which among the following banks has launched a “Virtual Commercial Credit Card” in a tie-up with Visa?
A) IndusInd Bank
B) Yes Bank
C) ICICI Bank
D) HDFC Bank
E) None of these
Answer – A) IndusInd Bank
Explanation:
IndusInd Bank has launched a ‘Virtual Commercial Card’ to improve cross-border transactions for corporates and travel agents.
13) India and _______ have signed three MoUs including one on cooperation in Digital Payment mechanisms.
A) China
B) Sri Lanka
C) Bangladesh
D) Indonesia
E) None of these
Answer – C) Bangladesh
Explanation:
India and Bangladesh have signed three MoUs including one on cooperation in Digital Payment mechanisms.
14) Digital payment services provider _____ has approved the appointment of a new statutory auditor S.R Batliboi & Associates LLP for five years.
A) Phonepe
B) Freecharge
C) Paytm
D) Mobikwik
E) None of these
Answer – C) Paytm
Explanation:
Digital payment services provider, Paytm has approved the appointment of a new statutory auditor, S.R. Batliboi & Associates LLP, for five years.
15) The RBI has asked banks NBFCs and ARCs to release all the original movable and immovable property documents and remove charges registered with any registry within a period of ______ after full repayment/settlement of the loan account.
A) 10 days
B) 20 days
C) 30 days
D) 15 days
E) None of these
Answer – C) 30 days
Explanation:
The RBI has asked banks NBFCs and ARCs to release all the original movable and immovable property documents and remove charges registered with any registry within a period of 30 days after full repayment/settlement of the loan account.
16) Which among the following banks has received RBI’s nod to make I-Process Services (India) Private Limited, its wholly-owned subsidiary?
A) HDFC Bank
B) ICICI Bank
C) Yes Bank
D) Axis Bank
E) None of these
Answer – B) ICICI Bank
Explanation:
ICICI Bank has received RBI’s approval to make I-Process Services (India) Private Limited its wholly-owned subsidiary.
17) Which among the following companies has collaborated with NPCI to launch India’s first Rupay Prepaid Forex Card for Indians traveling to the UAE?
A) MakeMyTrip
B) EaseMyTrip
C) Thomas Cook (India) Limited
D) Yatra
E) None of these
Answer – C) Thomas Cook (India) Limited
Explanation:
Thomas Cook (India) Limited has collaborated with NPCI to launch India’s first Rupay Prepaid Forex Card for Indians traveling to the UAE.
18) The UNDP and the ____ have signed an MoU to co-create data-driven innovations in agriculture and food systems to support smallholder farmers.
A) SIDBI
B) SEBI
C) NABARD
D) NHB
E) None of these
Answer – C) NABARD
Explanation:
The United Nations Development Programme (UNDP) and the National Bank for Agriculture and Rural Development (NABARD) have signed a Memorandum of Understanding (MoU) to co-create data-driven innovations in agriculture and food systems to support smallholder farmers.
19) Sandeep Bakhshi has been reappointed as the MD & CEO of ______
A) HDFC Bank
B) Axis Bank
C) ICICI Bank
B) Yes Bank
E) None of these
Answer – C) ICICI Bank
Explanation:
Sandeep Bakhshi has been reappointed as the MD & CEO of ICICI Bank.
20) The RBI has announced its decision to discontinue I-CRR in a phased manner. In I-CRR “I” Refers to _______
A) Initial
B) Inactive
C) Incremental
B) Increased
E) None of these
Answer – C) Incremental
Explanation:
The Reserve Bank of India (RBI) has decided to discontinue the Incremental Cash Reserve Ratio (I-CRR)