Banking, Finance & Economy Current Affairs Quiz -January 17, 2023

1. According to ICRA, gross bond issuances by Indian banks reached a record of Rs. how many crores in the first nine months (April to December) of the fiscal year 2022-23?

[A] 70,000 crore
[B] 90,000 crore
[C] 95,000 crore
[D] 91,500 crore

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2. Who has been appointed as the Director of Global Business Group’s India operations?

[A] RS Sodhi
[B] Vikas Purohit
[C] Michael Debabrata Patra
[D] Chetan Sharma

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3. Which of the following statements most accurately defines the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY)?

[A] A scheme to provide free education to poor children in India
[B] A scheme to provide free healthcare to poor people in India
[C] An integrated food security scheme launched by the Central Government of India to provide free foodgrains to more than 80 crore poor people across the country
[D] A scheme to provide financial assistance to small and medium businesses in India

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4. Which of the following best describes the recent incentive scheme approved by the Indian government?

[A] A scheme to promote the use of electric vehicles in India
[B] A scheme to provide financial assistance to farmers in India
[C] An incentive scheme worth Rs 2,600 crore to promote Rupay debit card and low-value BHIM-UPI transactions in the current financial year
[D] A scheme to promote the use of renewable energy sources in India

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5. Who publishes the Global Economic Prospects report?

[A] World Bank
[C] US Financial Department
[D] Both a and b

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