Business, Economy & Banking Current Affairs MCQs

31. Which institution released a report titled ‘Macroeconomics India: Economic shocks from 2nd COVID wave will not be as severe as last year’s’?

[A] IndRa
[B] Moody’s
[C] Goldman Sachs
[D] FICCI

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32. As per the Finance Ministry’s notification, what is the limit of tax exemption on Covid treatment expenses , if received from other person?

[A] Rs 1 lakh
[B] Rs 5 lakh
[C] Rs 10 lakh
[D] Rs 25 lakh

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33. What is the revised limit for FDI investment in pension fund management under the NPS, as of July 2021?

[A] 100%
[B] 74%
[C] 49%
[D] 25%

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34. Which Indian company has issued $2-billion Sustainability-linked bonds?

[A] Reliance Industries Limited
[B] Adani Electricity Mumbai Limited
[C] Tata Power
[D] Tata Consultancy Services

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35. As per RBI’s recent amendments, what is the maximum sanctioned amount of loan to other banks’ directors without board approval?

[A] Rs 20 lakh
[B] Rs 50 lakh
[C] Rs 2 crore
[D] Rs 5 crore

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36. Which is the highest ranked Indian company in terms of total revenue in a fiscal year as per the Forbes 500 list of companies 2021?

[A] Infosys
[B] Wipro
[C] Reliance Industries Limited (RIL)
[D] Tata Motors

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37. With which organization, IIFL Finance has partnered with to offer innovative digital credit products to its merchants?

[A] Punjab National Bank Housing Finance
[B] Union Bank of India
[C] Citibank
[D] FinBox

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38. Recently, on which bank has RBI imposed a penalty of Rs 1 crore?

[A] Cooperatieve Rabobank UA
[B] Ahmednagar Merchant’s Cooperative Bank
[C] Mahila Vikas Co-operative Bank
[D] Durgapur Steel Peoples Cooperative Bank

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39. Recently, on which bank has RBI imposed a penalty of Rs 27.5 lakh for contravention of certain norms related to the ‘Depositor Education and Awareness Fund Scheme?’

[A] Dhanlaxmi Bank
[B] HDFC Bank
[C] South Indian Bank
[D] Bandhan Bank

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40. Based on recommendation of which body, the Grants to Rural Local Bodies (RLBs) are released by the Government of India to states?

[A] Union Public Service Commission
[B] Finance Commission
[C] National Rural Development Commission
[D] National Bank for Agriculture and Rural Development

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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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