Top 10 Business, Economy & Banking Current Affairs Questions – May, 2021

  1. Which bank has launched digital platform ‘Merchant Stack’ to provide banking services to retail merchants?

Answer: ICICI Bank

  1. Which Indian insurance company has featured in the top 10 list of most valuable insurance brands globally?

Answer: LIC

  1. The SDRF contribution is released in two equal instalments to the states, as per the recommendation of ………?

Answer: Finance Commission

  1. As per the recent SEBI Guidelines, ……….. % salary of top executives be paid in mutual fund units?

Answer: 20

  1. Which policy/act has been revised to allow the import of oxygen concentrators for personal use in India?

Answer: Foreign Trade Policy

  1. What is the name given to a privately pooled investment fund, in the form of a trust/ company/ LLP is called a …………?

Answer: Alternative Investment Fund

  1. ‘Significant Economic Presence (SEP) principle’, is a concept used to levy which category of tax?

Answer: Digital Tax

  1. Which steel company has entered into the list of top 100 most valued companies in terms of market capitalisation?

Answer: SAIL

  1. The CCEA approved the strategic disinvestment of which bank, owned by the Government of India and LIC?

Answer: IDBI Bank

  1. As per the recent RBI Guidelines, lending by Small Finance Banks (SFBs) to which institutions are considered as Priority Sector Lending?

Answer: Micro-Finance Institutions

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