Current Affairs (Economy) Practice Test (04-10 November 2021)
1. How much amount has been released by Centre as GST Compensation to States, UTs?
A) Rs 16,000 crore
B) Rs 17,000 crore
C) Rs 18,000 crore
D) Rs 19,000 crore
- View Answer
- Answer: B
2. Which Organization has published ‘Statement of Commitment to Support Greening India’s Financial System?
A) Securities Exchange Board of India
B) NABARD
C) Reserve Bank of India
D) National Payments Corporation of India
- View Answer
- Answer: C
3. How much percentage of our economy is now following digitization drive according to SBI Report?
A) 60%
B) 70%
C) 80%
D) 90%
- View Answer
- Answer: C
4. With which bank BSE has joined hands to promote start-up SME listing?
A) AXIS Bank
B) HDFC Bank
C) ICICI Bank
D) IDBI Bank
- View Answer
- Answer: B
5. For how much amount the Competition Commission of India has approved HDFC Life’s acquisition of Exide Life?
A) ₹6,647 crore
B) ₹6,697 crore
C) ₹6,687 crore
D) ₹6,657 crore
- View Answer
- Answer: C
6. Which digital payment firm has launched ‘Safe Card’ tokenisation solution to help users meet RBI norms?
A) Amazon Pay
B) PhonePe
C) PayTm
D) Google Pay
- View Answer
- Answer: B
7. Which bank launched Video Life Certificate’ facility for pensioner?
A) IDBI
B) Punjab National Bank
C) State Bank of India
D) Union Bank of India
- View Answer
- Answer: C
8. How much percent of rate of interest was approved by Finance Ministry on Provident Fund deposits in FY21?
A) 8.5%
B) 8.1%
C) 7.5%
D) 8.8%
- View Answer
- Answer: A
9. Which bank has joined hands with NABARD for local economic development in Kerala?
A) ESAF Small Finance Bank
B) SIDBI
C) IDBI
D) State Bank of India
- View Answer
- Answer: A
10. At how much percent India’s GDP to grow in FY 2022 as per Brickwork Ratings?
A) 10-10.5%
B) 9.0-9.5%
C) 8.0-8.5%
D) 11.0-11.5%
- View Answer
- Answer: A
11. What was the GST collection in Oct 2021 as per Ministry of Finance data?
A) ₹1.15 lakh cr
B) ₹1.00 lakh cr
C) ₹1.25 lakh cr
D) ₹1.30 lakh cr
- View Answer
- Answer: D
12. By which year India could represent upwards of a $15 trillion economic opportunity as per World Economic Forum?
A) 2060
B) 2045
C) 2050
D) 2070
- View Answer
- Answer: D
13. Who has been permitted to invest in debt securities issued by Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs)?
A) High Net Worth Individuals
B) Foreign Institutional Investments
C) Foreign Company Investments
D) Foreign Portfolio Investments
- View Answer
- Answer: D
14. Which company has launched a smart multipurpose card for pre-teens and teenagers on the RuPay platform?
A) Payzapp
B) Paytm
C) Mobikwik
D) Junio
- View Answer
- Answer: D
15. What is the theme of recently launched global hackthon HARBINGER by RBI?
A) Innovation for Transformation
B) Smarter Digital Payments
C) Learn to lead
D) Digital World
- View Answer
- Answer: B