31. Which company has made an incredible achievement by putting India’s largest floating solar power installation into operation in Kayamkulam, Kerala?
[A] NTPC
[B] Indian Oil Corporation Ltd.
[C] Tata Power
[D] Adani renewable
Show Answer
Correct Answer: C [Tata Power]
Notes:
Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has accomplished a remarkable feat by commissioning India’s largest floating solar power project in Kayamkulam, Kerala.
32. The national government has reappointed four independent directors to the central board of the RBI for a four-year term. Which of the following does not appear on the list?
[A] Revathy lyer
[B] Sachin Chaturvedi
[C] Krishnan Iyer
[D] Satish K Marathe
Show Answer
Correct Answer: C [Krishnan Iyer]
Notes:
The central government has re-appointed Satish Kashinath Marathe, Swaminathan Gurumurthy, Revathy Iyer, and Sachin Chaturvedi as part-time non-official directors on the central board of the Reserve Bank of India for a term of four years.
33. How much has the International Monetary Fund (IMF) cut India’s FY22 GDP growth prediction from 7.4%?
[A] 6.6%
[B] 6.8%
[C] 6.9%
[D] 7.1%
Show Answer
Correct Answer: B [6.8%]
Notes:
The International Monetary Fund (IMF) has slashed India’s economic growth forecast to 6.8% for FY22.
34. Who recently launched the HARIT Aaykar initiative?
[A] NITI Aayog
[B] Ministry of Home Affairs
[C] Department of Science and Technology
[D] Income Tax Department
Show Answer
Correct Answer: D [Income Tax Department]
Notes:
On National Unity Day, the Income Tax Department announced the HARIT Aaykar (Hariyali Achievement Resolution via Income Tax) programme. The HARIT Aaykar programme was created with the goal of increasing greenery and creating micro-forests around IT Department buildings and public locations. The first micro-forests were inaugurated under the initiative of Nitin Gupta, the Chairperson of the Central Board of Direct Taxes (CBDT).
35. Who was appointed as the Deputy Chair of the Global System for Mobile Communications Association (GSMA)?
[A] Gopal Vittal
[B] Govind Jindal
[C] Girish Arora
[D] Vinod Kumar
Show Answer
Correct Answer: A [Gopal Vittal]
Notes:
Airtel CEO Gopal Vittal was elected as deputy chair of the Global System for Mobile communications Association (GSMA).
36. How many crores has ICICI Venture recently invested in Cello World?
[A] INR 360 Cr
[B] INR 340 Cr
[C] INR 330 Cr
[D] INR 320 Cr
Show Answer
Correct Answer: A [ INR 360 Cr]
Notes:
The ICICI Venture Funds Management Company Limited recently invested INR 360 crores in Cello World. The investment of INR 360 crores (USD 44.3 million) by the ICICI Venture is the first Private Equity raised by the Cello World. The investment also marks ICICI Venture’s fifth India mid-market-focused Private Equity (PE) fund. At the event, the CEO of the ICICI Venture, Punit Nanda, said that the company was targeting an investment of USD 350-400 million for its fifth PE fund.
37. Who recently inaugurated the seventh edition of the Evolve knowledge summit?
[A] SBI
[B] UBI
[C] AXIS Bank
[D] BOB
Show Answer
Correct Answer: C [AXIS Bank]
Notes:
Axis Bank launched the seventh edition of the knowledge summit “Evolve” for MSMEs. The theme of the 7th edition of “Evolve” is “Indian SMEs: Shifting Gears for Next Level Growth.” The primary objective of this initiative is to study the importance of technology and digitalization in achieving growth in the MSME sector. The bank will provide a learning platform for MSMEs to interact with industry leaders who have successfully transformed their businesses over the years. The bank is also committed to assisting the MSMEs both financially and non-financially to ensure their growth.
38. Who among the following has been chosen to be the CEO-designate of Deloitte India?
[A] Charu Sehgal
[B] Krishna Rangnath Chaturvedi
[C] Nandita Shyamsunder Pai
[D] Romal Shetty
Show Answer
Correct Answer: D [Romal Shetty]
Notes:
Senior consultant Romal Shetty has been nominated CEO-designate of Deloitte India. Shetty has been a President, Consulting at Deloitte India and is based out of the Bengaluru office.
39. Which of the following statements is true about bad loans written off by banks in India in the last five financial years?
[A] Banks in India have written off bad loans worth more than ₹10,09,511 crore during the last five financial years.
[B] Banks in India have written off bad loans worth less than ₹10,09,511 crore during the last five financial years.
[C] Banks in India have not written off any bad loans during the last five financial years.
[D] Banks in India have written off bad loans worth ₹10,09,511 crore during the last five financial years.
Show Answer
Correct Answer: D [Banks in India have written off bad loans worth ₹10,09,511 crore during the last five financial years.]
Notes:
Banks have written off bad loans worth ₹ 10,09,511 crore during the last five financial years, Finance Minister Nirmala Sitharaman informed Parliament. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the bank concerned by way of write-off.
40. Which year has the Centre for Economics and Business Research (CEBR), a UK-based economics firm, forecast that India would become the third-largest economy?
[A] 2037
[B] 2038
[C] 2040
[D] 2043
Show Answer
Correct Answer: A [2037]
Notes:
The Centre for Economics and Business Research (CEBR), which is a UK-based economics consultancy, predicted that India will become the third-largest economy by 2037. 14th edition of the report noted that over the next five years, the annual rate of GDP growth is expected to average 6.4%. After that, the growth is expected to average 6.5% in the subsequent nine years.
