Business, Economy & Banking Current Affairs MCQs
61. Which sector received the highest Foreign Direct Investment (FDI) equity inflow in Fiscal Year 2024–25?
[A] Services
[B] Agriculture
[C] Computer Software and Hardware
[D] Trading
[B] Agriculture
[C] Computer Software and Hardware
[D] Trading
Correct Answer: A [Services]
Notes:
India attracted a record USD 81.04 billion in Foreign Direct Investment (FDI) in the fiscal year 2024–25, a 14% rise from the previous year. This growth was supported by liberalized policies and strong inflows in services and manufacturing. The services sector received the highest FDI equity at 19%, followed by computer software and hardware at 16%, and trading at 8%. FDI in services rose by 40.77% to USD 9.35 billion from USD 6.64 billion. Maharashtra received the highest share of FDI at 39%, followed by Karnataka at 13% and Delhi at 12%. From 2014 to 2025, India attracted USD 748.78 billion in FDI, 143% more than the USD 308.38 billion received from 2003 to 2014.
India attracted a record USD 81.04 billion in Foreign Direct Investment (FDI) in the fiscal year 2024–25, a 14% rise from the previous year. This growth was supported by liberalized policies and strong inflows in services and manufacturing. The services sector received the highest FDI equity at 19%, followed by computer software and hardware at 16%, and trading at 8%. FDI in services rose by 40.77% to USD 9.35 billion from USD 6.64 billion. Maharashtra received the highest share of FDI at 39%, followed by Karnataka at 13% and Delhi at 12%. From 2014 to 2025, India attracted USD 748.78 billion in FDI, 143% more than the USD 308.38 billion received from 2003 to 2014.
62. Where was the South Asia’s largest Battery Energy Storage System (BESS) launched?
[A] Gujarat
[B] Telangana
[C] Delhi
[D] Kerala
[B] Telangana
[C] Delhi
[D] Kerala
Correct Answer: C [Delhi]
Notes:
Recently, the Delhi Power Minister inaugurated a 20-Megawatt (MW) Battery Energy Storage System (BESS) at Kilokari in South Delhi. Battery Energy Storage Systems (BESS) are large-scale batteries that store energy from sources like solar and wind for later use. They help make green energy more dependable by storing power and feeding extra electricity back to the main grid. This Delhi BESS is South Asia’s largest utility-scale system and India’s first commercially approved energy storage system. It has a total storage capacity of 40 Megawatt-hours (MWh). It uses Lithium Iron Phosphate (LFP) technology, which is safe, stable, and works well in Delhi’s climate.
Recently, the Delhi Power Minister inaugurated a 20-Megawatt (MW) Battery Energy Storage System (BESS) at Kilokari in South Delhi. Battery Energy Storage Systems (BESS) are large-scale batteries that store energy from sources like solar and wind for later use. They help make green energy more dependable by storing power and feeding extra electricity back to the main grid. This Delhi BESS is South Asia’s largest utility-scale system and India’s first commercially approved energy storage system. It has a total storage capacity of 40 Megawatt-hours (MWh). It uses Lithium Iron Phosphate (LFP) technology, which is safe, stable, and works well in Delhi’s climate.
63. The Urban Consumer Confidence Survey (UCCS) is conducted by which institution in India?
[A] NITI Aayog
[B] Reserve Bank of India (RBI)
[C] NABARD (National Bank for Agriculture and Rural Development)
[D] Securities and Exchange Board of India (SEBI)
[B] Reserve Bank of India (RBI)
[C] NABARD (National Bank for Agriculture and Rural Development)
[D] Securities and Exchange Board of India (SEBI)
Correct Answer: B [Reserve Bank of India (RBI)]
Notes:
The Reserve Bank of India (RBI) released its latest Urban Consumer Confidence Survey (UCCS) in May 2025. The UCCS showed that urban consumers had stable views about the current economic situation but were hopeful about the future. The UCCS is a bi-monthly survey by RBI to study urban household opinions on economy, employment, income, inflation, and spending. In May 2025, the survey covered 6,090 people from 19 cities. For the first time, RBI renamed it as UCCS, to separate it from the new Rural Consumer Confidence Survey.
The Reserve Bank of India (RBI) released its latest Urban Consumer Confidence Survey (UCCS) in May 2025. The UCCS showed that urban consumers had stable views about the current economic situation but were hopeful about the future. The UCCS is a bi-monthly survey by RBI to study urban household opinions on economy, employment, income, inflation, and spending. In May 2025, the survey covered 6,090 people from 19 cities. For the first time, RBI renamed it as UCCS, to separate it from the new Rural Consumer Confidence Survey.
64. Where is the headquarters of the National Investment and Infrastructure Fund (NIIF) located?
[A] New Delhi
[B] Chennai
[C] Kolkata
[D] Mumbai
[B] Chennai
[C] Kolkata
[D] Mumbai
Correct Answer: D [Mumbai]
Notes:
The Union Finance Minister recently chaired the 6th meeting of the Governing Council of the National Investment and Infrastructure Fund (NIIF) in New Delhi to review fund performance, strategic partnerships, and new fund launches. The National Investment and Infrastructure Fund (NIIF) is a government-anchored investment platform that mobilizes long-term capital for infrastructure and key sectors in India. NIIF was announced in the Union Budget 2015–16 and established in 2015. Its headquarters is in Mumbai, Maharashtra.
The Union Finance Minister recently chaired the 6th meeting of the Governing Council of the National Investment and Infrastructure Fund (NIIF) in New Delhi to review fund performance, strategic partnerships, and new fund launches. The National Investment and Infrastructure Fund (NIIF) is a government-anchored investment platform that mobilizes long-term capital for infrastructure and key sectors in India. NIIF was announced in the Union Budget 2015–16 and established in 2015. Its headquarters is in Mumbai, Maharashtra.
65. Who chaired the 29th meeting of the Financial Stability and Development Council (FSDC)?
[A] Governor of RBI
[B] Prime Minister
[C] Finance Minister
[D] None of the Above
[B] Prime Minister
[C] Finance Minister
[D] None of the Above
Correct Answer: C [Finance Minister ]
Notes:
The Finance Minister recently chaired the 29th meeting of the Financial Stability and Development Council (FSDC). FSDC is a top-level non-statutory body formed by the Government of India in December 2010. Its main aim is to ensure financial stability and promote development in the financial sector. The council is chaired by the Union Finance Minister and includes key members like the Governor of Reserve Bank of India (RBI), Finance Secretary, and heads of regulatory bodies like Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), and Pension Fund Regulatory and Development Authority (PFRDA).
The Finance Minister recently chaired the 29th meeting of the Financial Stability and Development Council (FSDC). FSDC is a top-level non-statutory body formed by the Government of India in December 2010. Its main aim is to ensure financial stability and promote development in the financial sector. The council is chaired by the Union Finance Minister and includes key members like the Governor of Reserve Bank of India (RBI), Finance Secretary, and heads of regulatory bodies like Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), and Pension Fund Regulatory and Development Authority (PFRDA).
66. What type of debt instrument pays no periodic interest but is issued at a discount rate to its face value?
[A] Convertible Bonds
[B] Treasury Bills
[C] Zero-Coupon Bonds
[D] Floating Rate Bonds
[B] Treasury Bills
[C] Zero-Coupon Bonds
[D] Floating Rate Bonds
Correct Answer: C [Zero-Coupon Bonds]
Notes:
Recently, the Power Finance Corporation withdrew its plan to issue zero-coupon bonds due to weak investor demand. Zero-coupon bonds are debt instruments that do not pay regular interest but are sold at a discount and redeemed at full face value on maturity. Also called discount bonds, they offer a lump sum payment at maturity, making their market price more volatile than regular coupon bonds. They suit both long-term and short-term investment goals and are seen as less risky since investors hold them till maturity. However, they do not provide regular income and are mainly suitable for long-term investors.
Recently, the Power Finance Corporation withdrew its plan to issue zero-coupon bonds due to weak investor demand. Zero-coupon bonds are debt instruments that do not pay regular interest but are sold at a discount and redeemed at full face value on maturity. Also called discount bonds, they offer a lump sum payment at maturity, making their market price more volatile than regular coupon bonds. They suit both long-term and short-term investment goals and are seen as less risky since investors hold them till maturity. However, they do not provide regular income and are mainly suitable for long-term investors.
67. SCORES portal is launched by which institution?
[A] Reserve Bank of India (RBI)
[B] NITI Aayog
[C] State Bank of India (SBI)
[D] Securities and Exchange Board of India (SEBI)
[B] NITI Aayog
[C] State Bank of India (SBI)
[D] Securities and Exchange Board of India (SEBI)
Correct Answer: D [Securities and Exchange Board of India (SEBI)]
Notes:
The Securities and Exchange Board of India (SEBI) resolved 4,493 investor complaints in May 2025 through its online platform SCORES. The SCORES (Sebi Complaints Redress System) portal is an online platform launched by SEBI (Securities and Exchange Board of India) to address investor grievances related to the securities market. Under the updated SCORES 2.0, complaints are sent directly to listed companies or SEBI-registered intermediaries who must respond with an Action Taken Report (ATR) within 21 days.
The Securities and Exchange Board of India (SEBI) resolved 4,493 investor complaints in May 2025 through its online platform SCORES. The SCORES (Sebi Complaints Redress System) portal is an online platform launched by SEBI (Securities and Exchange Board of India) to address investor grievances related to the securities market. Under the updated SCORES 2.0, complaints are sent directly to listed companies or SEBI-registered intermediaries who must respond with an Action Taken Report (ATR) within 21 days.
68. The National Industrial Corridor Development Corporation (NICDC) is an initiative of which ministry?
[A] Ministry of Commerce and Industry
[B] Ministry of Finance
[C] Ministry of Social Justice and Empowerment
[D] Ministry of Science and Technology
[B] Ministry of Finance
[C] Ministry of Social Justice and Empowerment
[D] Ministry of Science and Technology
Correct Answer: A [Ministry of Commerce and Industry]
Notes:
On 15th June 2025, Union Minister of Commerce and Industry Shri Piyush Goyal chaired a review meeting at the Tobacco Board, Guntur, Andhra Pradesh. The meeting assessed the progress of industrial nodes led by the National Industrial Corridor Development Corporation (NICDC) in the state. National Industrial Corridor Development Corporation (NICDC) is a Government of India initiative under the Ministry of Commerce and Industry. It aims to develop smart industrial cities to boost manufacturing, investment, jobs, and India’s global competitiveness.
On 15th June 2025, Union Minister of Commerce and Industry Shri Piyush Goyal chaired a review meeting at the Tobacco Board, Guntur, Andhra Pradesh. The meeting assessed the progress of industrial nodes led by the National Industrial Corridor Development Corporation (NICDC) in the state. National Industrial Corridor Development Corporation (NICDC) is a Government of India initiative under the Ministry of Commerce and Industry. It aims to develop smart industrial cities to boost manufacturing, investment, jobs, and India’s global competitiveness.
69. What is India’s global rank in terms of power generation capacity growth, according to the International Energy Agency?
[A] First
[B] Second
[C] Third
[D] Fourth
[B] Second
[C] Third
[D] Fourth
Correct Answer: C [Third]
Notes:
India has become the world’s third-fastest growing country in power generation capacity over the last five years, after China and the United States, as per the International Energy Agency (IEA). Power generation in India has expanded across all sources, especially in renewable energy. A key reason is India’s strong clean energy agenda, with solar photovoltaic (PV) making up over half of its non-fossil energy investments in the past five years.
India has become the world’s third-fastest growing country in power generation capacity over the last five years, after China and the United States, as per the International Energy Agency (IEA). Power generation in India has expanded across all sources, especially in renewable energy. A key reason is India’s strong clean energy agenda, with solar photovoltaic (PV) making up over half of its non-fossil energy investments in the past five years.
70. What is the main objective of the India’s first-ever Household Income Survey?
[A] To measure household income and assess the impact of technology on wages
[B] To measure agricultural output
[C] To measure inflation rates
[D] To estimate population growth
[B] To measure agricultural output
[C] To measure inflation rates
[D] To estimate population growth
Correct Answer: A [To measure household income and assess the impact of technology on wages]
Notes:
The Ministry of Statistics and Programme Implementation (MoSPI) will conduct India’s first-ever Household Income Survey in 2026, as announced recently. A Technical Expert Group (TEG) led by economist Surjit Bhalla has been formed to guide survey methods, estimation techniques, and best global practices. The survey will measure household income and assess how technology adoption affects wages, aiming to fill key data gaps. Past attempts since the 1950s failed due to unreliable data, with income estimates often lower than consumption and savings combined.
The Ministry of Statistics and Programme Implementation (MoSPI) will conduct India’s first-ever Household Income Survey in 2026, as announced recently. A Technical Expert Group (TEG) led by economist Surjit Bhalla has been formed to guide survey methods, estimation techniques, and best global practices. The survey will measure household income and assess how technology adoption affects wages, aiming to fill key data gaps. Past attempts since the 1950s failed due to unreliable data, with income estimates often lower than consumption and savings combined.