Business, Economy & Banking Current Affairs MCQs

1. Recently, NITI Aayog has entered into an MoU with which Union Territory to support its administration?

[A] New Delhi
[B] Puducherry
[C] Ladakh
[D] Lakshadweep

Show Answer

2. Which major technology firm recently became the fourth US company to touch $1 trillion valuation?

[A] IBM
[B] Samsung
[C] Alphabet
[D] Facebook

Show Answer

3. What is the name of India’s first e-commerce housing portal, launched by National Real Estate Development Council?

[A] OnepersonOnehouse.com
[B] HousingForAll.com
[C] IndiaHomes.com
[D] IndianRealEstate.com

Show Answer

4. Which state recently launched a new initiative called ‘Direct CTO (Consent to Operate)’, for giving faster clearances to industries?

[A] Telangana
[B] Andhra Pradesh
[C] Tamil Nadu
[D] Odisha

Show Answer

5. What is the projected growth rate of India, during the next financial year 2020-21, as per the recent Monetary policy of RBI?

[A] 5%
[B] 5.5%
[C] 6%
[D] 6.5%

Show Answer

6. Which Indian payments bank recently crossed a mile-stone of two crore customers?

[A] Airtel Payments Bank.
[B] India Post Payments Bank.
[C] Fino Payments Bank.
[D] Paytm Payments Bank.

Show Answer

7. Which is India’s fifth largest private sector bank, that is under crisis and for which the Reserve Bank of India is devising a revival plan?

[A] IndusInd Bank
[B] Yes Bank
[C] IDFC First Bank
[D] Bandhan Bank

Show Answer

8. World Bank signed an $80 million loan agreement with which Indian state to increase agricultural productivity in its Gram Panchayats?

[A] Karnataka
[B] Odisha
[C] Himachal Pradesh
[D] Madhya Pradesh

Show Answer

9. As per the recent notification of the Reserve Bank of India, what is the limit for Urban cooperative banks (UCBs), to lend to a single borrower?

[A] 10% of tier-I capital
[B] 15% of tier-I capital
[C] 20% of tier-I capital
[D] 25% of tier-I capital

Show Answer

10. The Reserve Bank of India issued guidelines for implementation of Ind AS by Non-banking financial companies (NBFCs) and Asset reconstruction companies (ARCs). What does Ind AS stand for?

[A] Indian Accounting Standards
[B] International Accounting Standards
[C] Indian Asset Standards
[D] International Asset Standards

Show Answer

Advertisement