Current Affairs Economy Practice Test (21-27 October 2021)
1. With which bank Agri-fintech firm Dvara E-Dairy Solutions Pvt Ltd. has entered into a partnership to service small dairy farmers?
A) IDBI Bank
B) Equitas Small Finance Bank
C) Paytm Payments Bank
D) Jana Small Finance Bank
- View Answer
- Answer: D
2. How much amount of dedicated fund has been setup for providing credit guarantees to 10,000 farmer produce organisations (FPOs)?
A) ₹2000 cr
B) ₹1500 cr
C) ₹1200 cr
D) ₹ 1000 cr
- View Answer
- Answer: D
3. Which body has announced the launch of Tokenization system (NTS) to support tokenisation of cards as an alternate to storing card details with merchants?
A) National Payments Corporation of India
B) Reserve Bank of India
C) Insurance Regulatory and Development Authority of India
D) Bombay Stock Exchange
- View Answer
- Answer: A
4. To what percent IMF slashed India’s potential GDP forecast?
A) 6%
B) 7%
C) 8%
D) 10%
- View Answer
- Answer: A
5. Which bank along with Mastercard, USAID and DFC launched $100 million credit facility for MSMEs in India?
A) HDFC bank
B) ICICI Bank
C) IDBI Bank
D) Axis Bank
- View Answer
- Answer: A
6. Which company has partnered with non-banking financial company Muthoot Finance aims to power 15 million small and medium-sized enterprises with access to instant credit in the next few years?
A) Cred
B) Freecharge
C) Mobikwik
D) Rupifi
- View Answer
- Answer: D
7. Which Public sector bank has signed an MoU with Centre for Development of Advanced Computing to create comprehensive cyber security awareness?
A) Bank Of India
B) Union Bank of India
C) Canara Bank
D) Bank of Baroda
- View Answer
- Answer: B
8. For which organization RBI has issued draft directions to implement Basel III framework?
A) SIDBI
B) NABARD
C) NHB & EXIM Bank
D) All of the above
- View Answer
- Answer: D
9. Which small Finance Bank has launched sound box for payment alerts?
A) Ujjivan Small Finance Bank
B) A U Small Finance Bank
C) Equitas Small Finance Bank.
D) Capital Small Finance Bank
- View Answer
- Answer: B
10. Which bank has crossed the market capitalisation of Hindustan Unilever to become the fifth largest company by market value?
A) ICICI Bank
B) HDFC Bank
C) State Bank of India
D) Punjab National Bank
- View Answer
- Answer: A
11. With which bank India Post Payments Bank has tied up to offer home loans to nearly 4.7 crore customers of IPPB?
A) HDFC Bank
B) ICICI Bank
C) SBI
D) PNB
- View Answer
- Answer: A