Economy: Weekly Current Affairs Bitbank (January 22 to 28, 2024)| Sakshi Education

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Below are the useful Current Affairs Quiz 2024 Practice Questions in Economy for Competitive Exams like APPSC, TSPSC Groups and UPSC Civil Services, prepared by Sakshi Education.

Economy Weekly Current Affairs Quiz in English January 22 to 28 2024

1. In the Indian Constitution, which article outlines the government's annual financial statement, commonly referred to as the budget?
A. Article 112
B. Article 150
C. Article 200
D. Article 110

View Answer
- Answer: A

2. Which electricity distribution company from Uttar Pradesh secured an A+ rating in the recent Consumer Service Rating of Discoms (CSRD) report?
A. BSES Rajdhani Power Limited
B. BSES Yamuna Power Limited
C. Noida Power Company Limited
D. Tata Power Delhi Distribution Limited

View Answer
- Answer: C

3. Which country concluded a groundbreaking free-trade agreement with India after 16 years of negotiations?
A. Germany
B. Switzerland
C. France
D. Japan

View Answer
- Answer: B

4. What percentage of financial assistance is provided for the capital cost of solar rooftop projects under the National Rooftop Solar Scheme?
A. 40%
B. 30%
C. 50%
D. 20%

View Answer
- Answer: A

Also Read: Economy: Weekly Current Affairs Bitbank (January 15 to 21, 2024): Which digital payment platform app has partnered with NPCI to extend UPI payments globally?

5. Which bank has achieved the milestone of being the first Indian bank to conduct an export finance transaction on RXIL Global IFSC Limited's International Trade Financing Services Platform (ITFS)?
A. HDFC Bank
B. YES BANK
C. ICICI Bank
D. Axis Bank

View Answer
- Answer: B

6. Which company has received approval from the Odisha government for its Rs 40,000 Crore electric vehicle (EV) venture?
A. Tata Group
B. JSW Group
C. Mahindra Electric
D. Bajaj Auto

View Answer
- Answer: B

7. Which institute has partnered with CEPI to enhance global responses to disease outbreaks and received a $30 million investment to expand its manufacturing capacity?
A. Bharat Biotech
B. Pfizer
C. Serum Institute
D. Sinovac

View Answer
- Answer: C

8. Where does India stand currently in the global ranking of stock markets by market capitalization?
A. 1st
B. 2nd
C. 4th
D. 6th

View Answer
- Answer: C

9. Which company holds the title of the most valuable brand in the world with a market value of $299.3 billion as of January 2024?
A. Apple
B. Amazon
C. Google
D. Microsoft

View Answer
- Answer: B

Also Read: Economy: Weekly Current Affairs Bitbank (January 8 to 14, 2024): What is India's current rank after surpassing Taiwan in the MSCI EM Index?

10. Which company's strategic move to acquire a substantial 38% stake in MG Motor India has received approval from the Competition Commission of India (CCI)?
A. Tata Group
B. JSW Group
C. Eicher Motors
D. Mahindra Group

View Answer
- Answer: B

11. Which small finance bank received Competition Commission of India (CCI) approval for its merger with AU Small Finance Bank?
A. Equitas Small Finance Bank
B. Ujjivan Small Finance Bank
C. Fincare Small Finance Bank
D. Jana Small Finance Bank

View Answer
- Answer: C

12. Which bank achieved the milestone of issuing 20 million active credit cards in India recently?
A. ICICI Bank
B. State Bank of India
C. Axis Bank
D. HDFC Bank

View Answer
- Answer: D

13. Which organization signed a deal with the Indian government for the acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard?
A. Mazagon Dock Shipbuilders
B. Hindustan Aeronautics Limited
C. Bharat Heavy Electricals Limited
D. Garden Reach Shipbuilders & Engineers

View Answer
- Answer: A

14. Which Indian oil and gas company received government approval to establish a subsidiary for green energy initiatives?
A. Oil and Natural Gas Corporation
B. Reliance Industries Limited
C. Indian Oil Corporation Limited
D. Adani Green Energy Limited

View Answer
- Answer: A

Also Read: Economy: Weekly Current Affairs Bitbank (January 1 to 7, 2024): Which company is the first in India to receive ISCC-Plus certification?

15. Which bank has raised Rs 5,000 crore through the issuance of 10-year infrastructure bonds recently?
A. State Bank of India
B. ICICI Bank
C. Punjab National Bank
D. Bank of Baroda

View Answer
- Answer: D

16. Which aerospace company is collaborating with Tata to establish a final assembly line for helicopters in India?
A. Airbus
B. Boeing
C. Lockheed Martin
D. Embraer

View Answer
- Answer: A

17. Which company's subsidiary has recently secured the payment aggregator license from the RBI?
A. Swiggy
B. Uber Eats
C. Zomato
D. FoodPanda

View Answer
- Answer: C

18. Which bank has received approval from the Reserve Bank of India for the Life Insurance Corporation of India (LIC) to acquire up to 9.99% aggregate holding?
A. Axis Bank
B. HDFC Bank
C. State Bank of India
D. ICICI Bank