Banking, Finance & Economy Current Affairs Quiz -February 11,2023
Published: February 11, 2023
1. Which ministry launched digital payments, Utsav?
[A] Ministry of Electronics and Information Technology
[B] Ministry of Finance
[C] MSME ministry
[D] Ministry of Commerce
Correct Answer: A [Ministry of Electronics and Information Technology]
The Ministry of Electronics and Information Technology is launching the Digital Payments Utsav as part of the G20 meeting. The main goal of the event is to raise awareness about digital payments and align with the objectives of the G20’s Digital Economy Working Group. The Utsav will take place in four cities: Lucknow, Pune, Hyderabad, and Bengaluru, which have been selected as they are also hosting events by the Digital Economy Working Group.
2. The Global Investors Summit 2023 will be inaugurated by PM Modi in which of the following cities?
[B] New Delhi
Correct Answer: D [Lucknow]
Prime Minister Narendra Modi inaugurated the Uttar Pradesh Global Investors Summit 2023 in Lucknow. The 10-12 February event is expected to be attended by several ministers of the Union and the state government and a host of leading industrialists.
3. Which country’s accreditation system is one of the top five in the world?
[D] South Africa
Correct Answer: A [India]
India’s national accreditation system under the Quality Council of India (QCI) has been ranked 5th in the world in the recent Global Quality Infrastructure Index (GQII) 2021. The GQII ranks the 184 economies in the world on the basis of quality infrastructure (QI).
4. Who introduced a QR Code-based coin vending machine recently?
[A] Citi Bank
[C] Canara Bank
Correct Answer: B [RBI]
The Reserve Bank of India has launched a new QR code-based coin vending machine to address the issue of fake currency notes in coin vending machines. The decision to launch the machine was made during the recent Monetary Policy Committee meeting. The machines will be introduced in 12 cities nationwide in the first phase.
5. When did India’s national payments corporation initiate?
Correct Answer: A 
The national payments corporation of India was founded in 2008.
Category: Banking, Finance & Economy Current Affairs Quiz