Business, Economy & Banking Current Affairs MCQs

31. What amount of Goods and Services Tax (GST) revenue shortfall has been released by the Finance Ministry in 12th tranche recently?

[A] Rs. 1000 crore
[B] Rs. 3000 crore
[C] Rs. 6000 crore
[D] Rs. 12000 crore

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32. How many new Minor Forest Produce items have been added under “marketing of MFP through MSP” scheme?

[A] 2
[B] 14
[C] 20
[D] 30

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33. Amazon has been in a legal dispute against which company for selling its retail assets to Reliance Retail?

[A] D-Mart
[B] Future Retail
[C] Aditya Birla Retail
[D] K Raheja Corp

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34. As per the Union budget, what is the limit for tax-free interest on Provident Fund Contributions?

[A] Rs 2.5 lakh
[B] Rs 5 lakh
[C] Rs 7.5 lakh
[D] Rs 10 lakh

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35. What is the stake of the Central Government in Tata Communications, which is to be divested?

[A] 10%
[B] 26.12%
[C] 49%
[D] 51%

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36. Which country was the top trade partner of India in 2020?

[A] United States
[B] China
[C] UAE
[D] Singapore

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37. Which regulator in India has formed a committee to relook its information and security guidelines?

[A] RBI
[B] NABARD
[C] SEBI
[D] IRDAI

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38. Which organisation has released the Report on Currency and Finance (RCF)?

[A] IMF
[B] Word Bank
[C] RBI
[D] New Development Bank

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39. Which body recommends the selection of heads of public sector banks and financial institutions?

[A] Department of Financial Services
[B] Department of Economic Affairs
[C] Banks Board Bureau
[D] Department of Personnel and Training

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40. Which Indian public sector bank has incorporated a new wholly owned subsidiary for its credit card business?

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

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