Business, Economy & Banking Current Affairs MCQs

31. Which is the first Indian company to cross the market capitalisation of Rs 12 lakh crore?

[A] HDFC
[B] Tata Consultancy Services
[C] Reliance Industries Ltd
[D] Infosys

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32. Best Price, that was acquired by Flipkart, is the wholesale business of which company?

[A] Snapdeal
[B] Reliance
[C] Walmart
[D] Indiamart

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33. Which country is the largest holder of American government securities, at the end of May 2020?

[A] China
[B] India
[C] Japan
[D] United Kingdom

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34. What will be the effective contribution by the employees and employers to the Employee’s Provident Fund (EPF) from August 2020?

[A] 25%
[B] 24%
[C] 20%
[D] 18%

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35. Which global firm became the world’s most valuable publicly listed company, after surpassing Saudi Aramco?

[A] Apple
[B] Amazon
[C] Reliance
[D] Google

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36. What is the corpus offered by the Reserve Bank of India (RBI) to NABARD and NHB, to boost rural lending and affordable housing?

[A] Rs 10000 crore
[B] Rs 20000 crore
[C] Rs 30000crore

[D] Rs 40000 crore

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37. What is the deadline given to the Public Sector Undertakings to pay Customs Duty, after they clear the imported goods?

[A] 1 day
[B] 3 days
[C] 7 days
[D] 14 days

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38. Which Bank is set to use satellite data to provide credit facilities to farmers?

[A] State Bank of India
[B] HDFC Bank
[C] ICICI Bank
[D] Indian Bank

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39. Hong Kong based firm PAG has announced to acquire the controlling stake of which Indian firm?

[A] Edelweiss Financial Services
[B] IIFL Finance
[C] L&T Finance Ltd
[D] Bajaj Finance Ltd

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40. Which business conglomerate is set to buy the retail business of Future Group?

[A] Reliance Industries Ltd
[B] Tata Group
[C] Adani Enterprises
[D] Mahindra & Mahindra

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