Business, Economy & Banking Current Affairs MCQs

1. The Government has approved guidelines for interest waiver on loans up to what amount, ahead of festive season?

[A] Rs 25 lakh
[B] Rs 50 lakh
[C] Rs 1 crore
[D] Rs 2 crore

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2. Public Investment Fund (PIF) of which country has acquired over 2 per cent stake in Reliance Retail Ventures?

[A] Israel
[B] Saudi Arabia
[C] United States
[D] Australia

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3. What is the name of the new platform launched by Paytm, for instant pay-out by businesses?

[A] Paytm Biz
[B] Paytm Links
[C] Paytm Elite
[D] Paytm Corporate

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4. What is the revised GDP growth projection of India for calendar year 2020 by Moody’s?

[A] -10.1%
[B] -8.9%
[C] -7.3%
[D] -5.0%

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5. The Union Government has decided to forego interest on eight categories of loans up to what amount, on account of Covid-19?

[A] Rs 25 lakh
[B] Rs 50 lakh
[C] Rs 1 crore
[D] Rs 2 crore

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6. The Asian Development Bank (ADB) is to finance a USD 132.8 million loan to improve the power distribution in which state?

[A] West Bengal
[B] Assam
[C] Meghalaya
[D] Odisha

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7. The Supreme court has upheld that GST shall be imposed on which type of goods, referring as ‘Actionable claims’?

[A] Lottery
[B] Medicine
[C] Vaccine
[D] Two-wheelers

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8. What would be the GDP growth of India in the current fiscal year FY21, as per the Fitch ratings in December 2020?

[A] -4.4
[B] -6.4
[C] -9.4
[D] -11.4

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9. Which payment system is set to be made available round the clock from December 2020?

[A] NEFT
[B] RTGS
[C] Bharat Bill Payment System
[D] Aadhar Enabled Payment System

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10. Which e-commerce site has partnered with National Payments Corporation of India (NPCI), to enable doorstep digital payments?

[A] Amazon
[B] Flipkart
[C] Snapdeal
[D] Jiomart

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The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year. Download Now
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