Banking, Finance & Economy Current Affairs Quiz – November 12 , 2022
November 12, 2022 November 12, 2022
1. Which of the following countries has agreed to grant Bangladesh USD 4.5 billion to help it deal with its economic crisis?
[A] World Bank
[B] AIIB
[C] IMF
[D] Asian Development Bank
Show Answer
Correct Answer: C [IMF]
Notes:
Bangladesh and the IMF reached a preliminary agreement under which the global lender will provide a USD 4.5 billion support package to stabilize its economy and protect the vulnerable people.
2. NITI Aayog’s Atal Innovation Mission (AIM) has released the Women’s-centric Challenges for the second iteration of the Atal New India Challenge (ANIC). What was the year when the Atal Innovation Mission was initiated?
[A] 2016
[B] 2017
[C] 2018
[D] 2019
Show Answer
Correct Answer: A [2016]
Notes:
The Atal Innovation Mission (AIM) was established in 2016 as the Government of India’s flagship programme to encourage a culture of innovation and entrepreneurship throughout the nation.
3. According to the Forbes 2022 Asia’s Power Businesswomen list, 20 excellent businesswomen from the Asia-Pacific region have been recognized. Who among these names came from India?
[A] Vani Kola
[B] Falguni Nayar
[C] Savitri Jindal
[D] Soma Mondal
Show Answer
Correct Answer: D [Soma Mondal]
Notes:
Forbes unveiled its 2022 Asia’s Power Businesswomen list, honoring 20 outstanding women in business across the Asia-Pacific region. Soma Mondal, the chairperson of Steel Authority of India Ltd, Namita Thapar, executive director at India business of Emcure Pharma, and Ghazal Alagh, co-founder and chief innovation officer of Honasa Consumer, are on the list.
4. Which of the following space technology companies launched India’s first private sector rocket, the Vikram-S?
[A] Bellatrix Aerospace
[B] AgniKul Cosmos
[C] Skyroot Aerospace
[D] Pixxel
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Correct Answer: C [Skyroot Aerospace]
Notes:
Skyroot Aerospace is set to lift off the country’s first privately developed rocket into space. The Prarambh mission is expected to launch in the second week of November on a demonstration flight with the Vikram-S launch vehicle.
5. Who recently released 14 new insurance products for the health, auto, and business markets?
[A] LIC
[B] Bharati AXA
[C] ICICI Lombard
[D] Max Life
Show Answer
Correct Answer: C [ICICI Lombard]
Notes:
ICICI Lombard General Insurance Company Limited launched multiple new products for insurance solutions across various sectors. A total of 14 products for insurance solutions across health, motor, and corporate segments were launched by ICICI Lombard. The new offerings come under the Insurance Regulatory and Development Authority of India’s (IRDAI’s) recently launched “Use and File” framework.
