Prevention of Money Laundering Act (PMLA) 2002 & KYC – Complete Banking Exam Notes Introduction The Prevention of Money Laundering Act (PMLA), 2002 is the primary legislation in India designed to prevent money laundering and regulate the financial system against illegal financial activities. The Act also empowers authorities to confiscate property derived from criminal activities….
1. Which institution is hosting the “Bharat Innovates 2026” Pre-Summit scheduled for 21–22 March 2026? A. IIT DelhiB. IIT MadrasC. IIT BombayD. IIT Kanpur Answer: C. IIT Bombay 2. The main global showcase event of “Bharat Innovates 2026” will be held in which city? A. ParisB. NiceC. LyonD. Marseille Answer: B. Nice 3. According to…
National Current Affairs 1. Bharat Innovates 2026 Pre-Summit to be Hosted at IIT Bombay The “Bharat Innovates 2026” Pre-Summit will be hosted at Indian Institute of Technology (IIT) Bombay from 21–22 March 2026. The summit will bring together 137 deep-tech startups, investors, policymakers, and academic experts. The initiative is linked with the India–France Year of…
SBI JIBO CRASH COURSE NOTES MODULE 1 — OVERVIEW OF SBI LOAN POLICY Meaning of Loan Policy Loan policy is the formal framework governing sanction, monitoring, and management of loans and advances in the bank. Objectives: Maintain sound credit portfolio Ensure risk-controlled lending Maintain prudential exposure limits Align with RBI regulatory norms Maintain ethical lending…
Current Affairs MCQ Quiz 1. The Government of India is planning to revive Formula 1 racing at which circuit in India? A. Kari Motor SpeedwayB. Buddh International CircuitC. Madras Motor Race TrackD. Hyderabad Street Circuit Answer: B. Buddh International Circuit 2. The Global Conference on Women in Agri-Food Systems (GCWAS-2026) was organized in which city?…
National Current Affairs 1. India Plans Revival of Formula 1 and World Rally Championship The Government of India has initiated discussions to revive Formula 1 (F1) racing and the World Rally Championship (WRC) in the country. A meeting was held between Union Sports Minister Mansukh Mandaviya and the Federation of Motor Sports Clubs of India…
Question 1 Which global credit rating agency revised India’s GDP growth forecast for FY 2025–26 to 7.5%? A. Moody’s Investors ServiceB. Fitch RatingsC. Standard & Poor’sD. World Bank Answer: B. Fitch Ratings Question 2 Which Indian bank signed a strategic financial cooperation agreement with MUFG Bank of Japan to enhance cross-border investment and financing? A….
National Current Affairs 1. Political Science Conclave 2026 Held in New Delhi The Political Science Conclave 2026 was organized on 12–13 March 2026 at the India International Centre (IIC), New Delhi. The event brought together policy makers, political scientists, academicians and researchers from across India. The conference focused on themes such as: Evolution of Indian…
1. What fiscal deficit target has the Government of India set for FY 2025–26? A. 3.5% of GDPB. 4.0% of GDPC. 4.4% of GDPD. 5.0% of GDP Answer: C. 4.4% of GDP 2. The Lok Sabha recently approved supplementary demands for grants worth approximately how much amount? A. ₹1.25 lakh croreB. ₹2.01 lakh croreC. ₹3.15…
National Current Affairs 1. India Maintains Fiscal Deficit Target for FY 2025–26 The Government of India reaffirmed that the fiscal deficit target will remain at 4.4% of GDP for FY 2025–26. The Lok Sabha approved supplementary demands for grants worth ₹2.01 lakh crore. Out of this amount, the net additional cash outgo is approximately ₹1.48…
