Business, Economy & Banking Current Affairs MCQs

21. 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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22. Depository-Institutions Repo Rate or DR Rate is the benchmark policy rate of which country?

[A] UK
[B] USA
[C] China
[D] India

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23. The Exim Bank of India has extended a USD 448-million line of credit (LOC) for infrastructure projects of which country?

[A] Chile
[B] Myanmar
[C] Uzbekistan
[D] Kazakhstan

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24. Which Indian company, along with UK based BP is to start Oil production from the deepest offshore gas field in Asia?

[A] Indian Oil Corporation
[B] Reliance Industries Ltd
[C] ONGC
[D] Hindustan Petroleum

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25. Which committee recommended the National Common Mobility Card (NCMC)?

[A] Raghuram Rajan
[B] Urjit Patel
[C] Nandan Nilekani
[D] Michael Patra

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26. Which company has partnered with SIDBI, to provide a finance scheme to MSMEs in rooftop solar segment?

[A] Tata Power
[B] Mahindra & Mahindra
[C] L&T
[D] Ashok Leyland

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27. The IRDAI is to introduce a standard insurance policy to cover the risk of fire and allied threats in which sector?

[A] Automobile
[B] Housing
[C] Health
[D] Agriculture

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28. Which Indian bank has collaborated with IIT Kanpur to set up a Fintech Innovation Centre (FIC)?

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

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29. What amount of funds (in Rupees) has been sucked out of the financial system by RBI through its recent Reverse REPO operation?

[A] 1 Million
[B] 1 Trillion
[C] 2 Trillion
[D] 2 Billion

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30. Which Indian lender is the first to execute deals with pricing linked to SOFR (Secured Overnight Financing Rate)?

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

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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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