Business, Economy & Banking Current Affairs MCQs

This category comprises 50 random questions from the total 378 Multiple Choice Questions (MCQs) inBusiness, Economy & Banking Current Affairs category published in gktoday from 1 January, 2019 till July 4, 2020.

41. Which Indian technology company announced a strategic partnership with Avaloq, to provide wealth management services?

[A] Wipro
[B] Infosys
[C] HCL
[D] Tech Mahindra

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42. Asian Development Bank (ADB) recently signed a USD 177 million loan agreement with India to upgrade road connectivity of which state?

[A] Madhya Pradesh
[B] Andhra Pradesh
[C] Maharashtra
[D] West Bengal

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43. As per the recent change in the definition of MSMEs, what is the investment limit for an enterprise to be classified as a medium enterprise?

[A] Rs 20 crore
[B] Rs 25 crore
[C] Rs 50 crore
[D] Rs 75 crore

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44. Which global rating agency downgraded India’s sovereign ratings to Baa3?

[A] CRISIL
[B] Moody’s Investors Service
[C] Fitch Ratings
[D] S&P Ratings

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45. Which Indian state has topped in the disbursements to MSMEs under Emergency Credit Line Guarantee Scheme?

[A] Uttar Pradesh
[B] Gujarat
[C] Tamil Nadu
[D] Odisha

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46. As per the GST Council, what is the maximum late fee for non-filing of GSTR-3B returns for period July 2017 – January 2020, for people with liability?

[A] Rs 100
[B] Rs 500
[C] Rs 1000
[D] Rs 5000

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47. Which global institution has estimated that India’s economy will contract by 4% in the financial year 2020-21?

[A] Asian Infrastructure Investment Bank (AIIB)
[B] Asian Development Bank (ADB)
[C] World Bank
[D] International Monetary Fund (IMF)

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48. Which fund has been made open to contributions from individuals or institutions, by the Finance Ministry?

[A] National Disaster Response Fund
[B] PM CARES Fund
[C] Consolidated Fund of India
[D] Public Account Fund

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49. Which country has the highest aggregate foreign funds in Swiss Banks, as per the Swiss National Bank (SNB)?

[A] United Kingdom
[B] Hong Kong
[C] India
[D] France

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50. The World Bank has approved USD 250 million loan for affordable housing projects of which Indian state?

[A] Odisha
[B] West Bengal
[C] Tamil Nadu
[D] Kerala

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