Q. In 2021, which bank was fined $400 million for failing to maintain adequate anti-money laundering controls?
  • A. Wells Fargo
  • B. Deutsche Bank
  • C. Citigroup
  • D. Barclays
Q. In 2021, which major bank was fined $1.5 billion for its role in the 1MDB scandal?
  • A. Deutsche Bank
  • B. Goldman Sachs
  • C. Barclays
  • D. UBS
Q. In 2022, which bank was fined $1.5 billion for violating anti-money laundering regulations?
  • A. Wells Fargo
  • B. Deutsche Bank
  • C. Citigroup
  • D. Barclays
Q. In 2022, which country’s central bank became the first to adopt a digital currency for retail use?
  • A. China
  • B. Sweden
  • C. Bahamas
  • D. Estonia
Q. In 2022, which country’s central bank raised interest rates to combat rising inflation, marking its largest hike in 28 years?
  • A. United States
  • B. United Kingdom
  • C. Brazil
  • D. Turkey
Q. In 2022, which country’s government announced a plan to nationalize its largest bank to stabilize its economy?
  • A. Argentina
  • B. Turkey
  • C. Venezuela
  • D. Zimbabwe
Q. In 2022, which major bank announced it would stop financing new oil and gas projects as part of its climate strategy?
  • A. Goldman Sachs
  • B. JP Morgan Chase
  • C. HSBC
  • D. Bank of America
Q. In 2023, which country became the first to adopt Bitcoin as legal tender?
  • A. El Salvador
  • B. Venezuela
  • C. Ukraine
  • D. Japan
Q. In 2023, which major bank announced a significant restructuring plan that included job cuts?
  • A. Deutsche Bank
  • B. HSBC
  • C. Goldman Sachs
  • D. JP Morgan
Q. In 2023, which major financial institution announced a partnership with a fintech company to enhance its digital banking services?
  • A. Bank of America
  • B. Citi
  • C. Wells Fargo
  • D. Chase
Q. In 2023, which major financial institution announced it would no longer finance fossil fuel projects?
  • A. Goldman Sachs
  • B. Morgan Stanley
  • C. JP Morgan
  • D. HSBC
Q. What is the name of the central bank that raised interest rates in the United States in March 2022?
  • A. European Central Bank
  • B. Federal Reserve
  • C. Bank of England
  • D. Bank of Japan
Q. What is the name of the digital payment system launched by the Reserve Bank of India in 2021?
  • A. UPI 2.0
  • B. Bharat QR
  • C. e-RUPI
  • D. Digital India Payment
Q. What is the name of the European Central Bank's digital currency initiative launched in 2021?
  • A. Digital Euro
  • B. EuroCoin
  • C. ECB Coin
  • D. Euro Digital
Q. What is the name of the financial technology company that went public in 2021 and is known for its buy now, pay later services?
  • A. Affirm
  • B. PayPal
  • C. Square
  • D. Afterpay
Q. What is the primary purpose of the Basel III framework introduced in 2021?
  • A. To regulate cryptocurrency
  • B. To enhance bank capital requirements
  • C. To promote digital banking
  • D. To eliminate cash transactions
Q. What was the primary reason for the collapse of Silicon Valley Bank in March 2023?
  • A. Fraudulent activities
  • B. Poor investment decisions
  • C. Liquidity crisis
  • D. Cyber attack
Q. Which bank became the first to issue a green bond in the Indian market in 2021?
  • A. State Bank of India
  • B. ICICI Bank
  • C. HDFC Bank
  • D. Axis Bank
Q. Which bank was fined $2.5 billion in 2022 for its role in the Libor scandal?
  • A. Barclays
  • B. Wells Fargo
  • C. Citigroup
  • D. Deutsche Bank
Q. Which country launched its first digital currency, the e-krona, in 2022?
  • A. Sweden
  • B. China
  • C. Japan
  • D. United States
Q. Which country launched its first digital currency, the eNaira, in October 2021?
  • A. Ghana
  • B. Nigeria
  • C. Kenya
  • D. South Africa
Q. Which country’s central bank announced a pilot program for a digital currency in 2022, called the Digital Pound?
  • A. Canada
  • B. Australia
  • C. United Kingdom
  • D. Sweden
Q. Which country’s central bank announced a pilot program for a digital currency in 2022?
  • A. India
  • B. Canada
  • C. Australia
  • D. South Africa
Q. Which country’s central bank raised interest rates to combat inflation in 2022, marking its highest level in over a decade?
  • A. United States
  • B. United Kingdom
  • C. Canada
  • D. Australia
Q. Which cryptocurrency exchange filed for bankruptcy in November 2022, causing significant market turmoil?
  • A. Coinbase
  • B. Binance
  • C. FTX
  • D. Kraken
Q. Which cryptocurrency exchange filed for bankruptcy in November 2022, leading to significant market turmoil?
  • A. Coinbase
  • B. Binance
  • C. FTX
  • D. Kraken
Q. Which fintech company became the first to achieve a valuation of $100 billion in 2021?
  • A. Stripe
  • B. Square
  • C. PayPal
  • D. Ant Group
Q. Which fintech company went public through a SPAC merger in 2021, becoming one of the largest in the sector?
  • A. Robinhood
  • B. SoFi
  • C. Affirm
  • D. Chime
Q. Which major bank announced a partnership with a fintech company to enhance its digital banking services in 2021?
  • A. Citi
  • B. Wells Fargo
  • C. Bank of America
  • D. Chase
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