1. Which bank recently became India’s largest and fastest-growing UPI beneficiary bank?
[A] Airtel Payments Bank
[B] India Post Payments Bank
[C] Paytm Payments Bank
[D] FINO Payments Bank
Show Answer
Correct Answer: A [Airtel Payments Bank]
Notes:
Paytm Payments Bank Ltd (PPBL) became the largest and fastest-growing UPI beneficiary bank in India. It becomes the first beneficiary bank in the country to achieve the landmark of over 926 million UPI transactions in a single month. Beneficiary banks are the banks of the account holder who is receiving money. Paytm Payments Bank has also gained rapid traction as a remitter bank for UPI payments.
2. Flipkart introduced the FLIN programme. What does the word ‘I’ mean in this context?
[A] Innovation
[B] Immediate
[C] Information
[D] Insight
Show Answer
Correct Answer: A [Innovation]
Notes:
Flipkart, the e-commerce behemoth, has announced a new startup programme. Initially, the ‘Flipkart Leap’ programme was successfully launched and implemented. And now, following the successful completion of the program’s first cohort, Flipkart Leap will be divided into two new programmes: Flipkart Leap Ahead (FLA) and Flipkart Leap Innovation Network (FLIN) (FLIN).
3. Which brand recently ranked as the world’s third most valuable IT services brand?
[A] Reliance
[B] TCS
[C] ITC
[D] Wood
Show Answer
Correct Answer: B [TCS]
Notes:
Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Third-ranked TCS is rapidly closing the gap with IBM following a healthy 11% brand value increase to USD 15 billion. Accenture retained the title of world’s most valuable and strongest IT services brand with record brand value of USD 26 billion, while IBM continued at the second place with a brand value of USD 16.1 billion.
4. Who has been appointed by the Indian government to fill the additional charge of Controller General of Accounts (CGA)?
[A] Atul Keshap
[B] Sonali Singh
[C] Alikhan Smailov
[D] Chanchal Kumar
Show Answer
Correct Answer: B [Sonali Singh]
Notes:
The Government of India has appointed Sonali Singh to hold the additional charge of the Controller General of Accounts (CGA).
5. The Reserve Bank of India has declared which week in February as Financial Literacy Week 2022?
[A] 15-19
[B] 14-18
[C] 16-20
[D] 17-21
Show Answer
Correct Answer: B [14-18]
Notes:
The Reserve Bank of India will observe February 14-18, 2022 as Financial Literacy week 2022.
6. What is India’s position in the world as a millet exporter?
[A] 5th
[B] 2nd
[C] 7th
[D] 6th
Show Answer
Correct Answer: A [5th]
Notes:
India has become the 5th largest exporter of millets in the world. The data for the same was released by the Ministry of Commerce and Industry.
7. Which fintech company has the highest digital payments penetration, according to the Comscore report?
[A] Bill Desk
[B] Paytm
[C] PhonePe
[D] Zerodha
Show Answer
Correct Answer: B [Paytm]
Notes:
As per the Comscore report, Paytm is having the highest digital payments penetration. It has 45% of penetration in fintech. The second spot is followed by Google Pay having 43% of penetration.
8. Which organization received the ICAI Award for Excellence in Financial Reporting in the Public Sector Entities Category for the year 2020-21?
[A] Indian Railway Catering and Tourism Corporation
[B] Indian Railway Finance Corporation
[C] RailTel Corporation of India
[D] Container Corporation of India Limited
Show Answer
Correct Answer: C [RailTel Corporation of India]
Notes:
Tata Power Delhi Distribution Ltd (Tata Power-DDL) has been awarded the Institute of Chartered Accountants of India’s (ICAI) Award for Excellence in Financial Reporting for the financial year 2020-21. The annual report and financial statements of Tata Power-DDL for the financial year 2020-21 have been adjudged as a winner in the ‘Silver Shield’ category.
9. Which of the following Indian delegations participated in the 4th India-Australia Energy Dialogue?
[A] Mansukh Mandaviya
[B] Hardeep Singh Puri
[C] Dharmendra Pradhan
[D] RK Singh
Show Answer
Correct Answer: D [RK Singh]
Notes:
The 4th India-Australia Energy Dialogue was held recently.It was co-chaired by Union Minister for Power and New & Renewable Energy, RK Singh.
10. Fisdom has partnered with which bank to provide wealth management products and services to the bank’s customers?
[A] Canara Bank
[B] Bank of Maharashtra
[C] Dena Bank
[D] UCO Bank
Show Answer
Correct Answer: B [Bank of Maharashtra]
Notes:
Fisdom has partnered with the Bank of Maharashtra in this partnership both the entities aim to offer wealth management products and services to the bank’s customers. Fisdom is a wealth tech company.
