Business, Economy & Banking Current Affairs MCQs

11. Which billionaire became the world’s second-richest person in November 2020?

[A] Bill Gates
[B] Elon Musk
[C] Jeff Bezos
[D] Warren Buffet

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12. Which Indian bank co-launched a Contactless debit card along with Japan’s JCB International?

[A] Punjab National Bank
[B] State Bank of India
[C] HDFC Bank
[D] Axis Bank

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13. The Asian Development Bank (ADB) is to finance USD 50 million policy-based loan for Finance Management in which state?

[A] Maharashtra
[B] West Bengal
[C] Andhra Pradesh
[D] Tamil Nadu

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14. What is the limit of FDI in Defence sector, under automatic route?

[A] 26%
[B] 49%
[C] 74%
[D] 100%

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15. What is the theme for Second Cohort under the RBI’s Regulatory Sandbox (RS)?

[A] Financial Inclusion
[B] Fin Tech
[C] Aadhaar Enabled Payment System
[D] Cross Border Payments

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16. As per the Corporate Affairs Ministry, Companies (Auditor’s Report) Order, 2020 would come into effect from which date?

[A] January 1, 2021
[B] April 1, 2021
[C] June 1, 2021
[D] August 1, 2021

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17. What is the new limit of Foreign Direct Investment in the DTH service, as of December 2020?

[A] 20%
[B] 49%
[C] 74%
[D] 100%

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18. What is the expansion of ‘IUC’, which was recently seen in the news recently?

[A] Internet usage charges
[B] Intermediate usage charges
[C] Interconnect usage charges
[D] Interconnect utility charges

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19. Due to sudden surge in price of local rice, which country has started to import rice from India, after a decade?

[A] USA
[B] Canada
[C] Japan
[D] Vietnam

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20. Which Indian IT giant has surpassed Accenture to become the world’s most valued IT services company?

[A] HCL
[B] TCS
[C] Infosys
[D] Wipro

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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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