Business, Economy & Banking Current Affairs MCQs

11. What is India’s economic growth rate for 2020-21, as estimated by OECD (Organisation for Economic Cooperation and Development)?

[A] 4.6%
[B] 4.8%
[C] 5.1%
[D] 5.4%

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12. Which is the first Indian airline to partner with a Special Economic Zone (SEZ) for setting up warehousing facility?

[A] IndiGo
[B] SpiceJet
[C] Vistara
[D] Jet Airways

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13. As per the reconstruction scheme of Yes Bank, what is the bank’s new authorised capital?

[A] Rs. 2,200 crores
[B] Rs. 4,200 crores
[C] Rs. 6,200 crores
[D] Rs. 8,200 crores

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14. Who is the head of the proposed panel, which is set to review fiscal consolidation road map of Central and State Governments?

[A] Arvind Subramanian
[B] N. K. Singh
[C] Urjit Patel
[D] Sajjid Chinoy

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15. The Government approved to continue the scheme for Rebate of State and Central Taxes and Levies (RoSCTL) on export of which products?

[A] Garments
[B] Medicines
[C] Spices
[D] Engineering goods

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16. Which Indian public sector bank unveiled a new logo ahead of its merger with the United Bank of India and the Oriental Bank of Commerce?

[A] Bank of Baroda
[B] Punjab National Bank
[C] Canara Bank
[D] Union Bank of India

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17. The Foreign Trade Policy, which has been extended till March 2021, came into force in which year?

[A] 2014
[B] 2015
[C] 2016
[D] 2017

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18. Which payment company has partnered with ICICI Lombard General Insurance to launch the first coronavirus insurance cover for merchants?

[A] BharatPe
[B] PhonePe
[C] Paytm
[D] Mobikwik

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19. India’s fiscal deficit stood at 5.07% of gross domestic product (GDP) in February. What is the revised fiscal deficit target for FY20, as a percentage of GDP?

[A] 3.8
[B] 3.5
[C] 3.2
[D] 3.0

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20. TLTRO route, which was making news recently, is associated with which institution of India?

[A] Securities and Exchange Board of India
[B] National Highway Authority of India
[C] Reserve Bank of India
[D] Airport Authority of India

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