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Important Codes and Numbers

41.

F in AMFL?

Answer: C

Association of Mutual Funds in India

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Answer: C

NFO – New Fund Offer

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43.

In 2008, Centurion Bank of Punjab has acquired by which financial service company ?

Answer: C

HDFC Bank Board on 25th February 2008 has approved the acquisition of Centurion Bank of Punjab (CBoP) for Rs 9,510 crore in one of the largest merger in the financial sector in India

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44.

Entities, seeking approval/authorisation from the RBI for issuance of PPIs should have a minimum positive net worth of _______.

Answer: D

Entities, seeking approval/authorisation from the RBI for issuance of PPIs should have a minimum positive net worth of Rs 25 crore

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45.

Which of the following has been authorized by RBI as the Bharat Bill Payment Central Unit (BBPCU)?

Answer: C

QSAM service can be availed by dialling *99*99#

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46.

Which of the following is the headquarters of NPCI?

Answer: C

The headquarters of NPCI is Mumbai

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47.

Which committee recommended the merger of large Indian banks to make them strong ?

Answer: D

Narasimham -II Committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India

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48.

The maximum value outstanding in PPI-MTS(Mass Transit System operator) cannot exceed the limit of _______at any point of time

Answer: D

The maximum value outstanding in PPI-MTS(Mass Transit System operator) cannot exceed the limit of Rs. 3,000/-(Rupees Three Thousand Only)at any point of time

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49.

The Imperial Bank of India has been formed after amalgamation of _________________ Presidency Banks

Answer: D

The Imperial Bank of India came into existence on 27 January 1921 by J.M. Keynes. When the three Presidency Banks of colonial India, were reorganised and amalgamated to form a single banking entity. The three Presidency banks were the Bank of Bengal, the Bank of Bombay and the Bank of Madras

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50.

First domestic bank of India to open a branch in Myanmar is_____________.

Answer: C

SBI,Yangon branch is the 54th foreign branch of the SBI.Oct 4, 2016

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