Banking, Finance & Economy Current Affairs Quiz -January 25, 2023

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For consumers who don’t meet the requirements for standard credit cards, Punjab National Bank (PNB) has introduced the first credit card against fixed deposits (FDs) to be issued digitally by a Public Sector Bank (PSB). PNB has launched two consumer credit card types: “PNB Global Gold” and “PNB Global Classic,” which are meant to accommodate different client needs and income levels. It was launched in association with VISA.

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India’s economy will reach USD 26 trillion by 2047, according to projections made by consultancy firm EY (Ernst & Young) in their report, “India@100: Realizing the Potential of a $26 trillion Economy.” India will celebrate 100 years of freedom in 2047. With a per capita income forecast to reach USD 15,000, India will join the rich economies. Union Minister Ashwini Vaishnaw, from the Ministries of Electronics and Information Technology and Railways, introduced the report on the sidelines of the World Economic Forum (WEF) that was taking place in Davos, Switzerland.

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The BharatOS is a mobile phone operating system developed by JandK Operations Private Limited, which is a non-profit organization established by IIT Madras through its Pravartak Technologies initiative.

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Billionaire Mukesh Ambani has overtaken the likes of Satya Nadella of Microsoft and Google’s Sundar Pichai to be ranked No.1 among Indians and second globally on the Brand Guardianship Index 2023.

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An EY report has said that the Indian Economy is very likely to hit the $26 trillion mark by the year 2047, which will also be the 100th year of India’s independence.