Business, Economy & Banking Current Affairs MCQs

21. What is the name of the account, a bank holds on behalf of another, often a foreign bank?

[A] Nostro account
[B] Vostro account
[C] Forex Trade Account
[D] Settlement Account

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22. Which institution has signed MoU with the Reserve Bank of India for collaboration in the field of regulation and supervision of regulated entities?

[A] PFRDA
[B] IFSCA
[C] IRDAI
[D] National Housing Bank

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23. What is the gross GST revenue collected in the month of November 2022?

[A] Rs 1.46 lakh crore
[B] Rs 1.26 lakh crore
[C] Rs 1.06 lakh crore
[D] Rs 0.96 lakh crore

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24. The Central Government has allowed foreign funds to invest over 51 % in which bank?

[A] Yes Bank
[B] IDBI Bank
[C] ICICI Bank
[D] Axis Bank

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25. An empowered committee headed by NITI Aayog CEO has approved Rs 357 crore for which company under PLI scheme?

[A] Foxconn India
[B] Samsung India
[C] Nokia India
[D] Qualcomm

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26. What is the name given to a business with a value more than USD 10 billion?

[A] Unicorn
[B] Decacorn
[C] Decathlon
[D] Decagon

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27. Which businessperson is the major stake holder of NDTV, as of December 2022?

[A] Ratan Tata
[B] Gautam Adani
[C] Mukesh Ambani
[D] Uday Kotak

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28. India has planned to drop use of US dollar, euro in bilateral trade, with which country?

[A] China
[B] Russia
[C] Japan
[D] UAE

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29. What is the total volume of Unified Payments Interface (UPI) transactions in December 2022?

[A] 282 lakh
[B] 282 crore
[C] 782 lakh
[D] 782 crore

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30. Sam Bankman-Fried, who was in the news recently, was the founder of which company?

[A] Tesla
[B] FTX
[C] TikTok
[D] CoinBase

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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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