Current Affairs (Economy) Practice Test (28 October - 03 November 2021)
![GK Economy Quiz October 2021](/sites/default/files/images/2021/11/21/skilleconomy-1637496177.jpg)
1. Which corporation has collaborated with Global Partners to launch India’s first Skill Impact Bond?
A) National Skill Development Corporation
B) Securities Exchange Board of India
C) NABARD
D) National Stock Exchange
- View Answer
- Answer: A
2. What is India’s rank in Venture Capital funding for climate tech globally according to a report published by London & Partners and Dealroom.co?
A) 7th
B) 8th
C) 9th
D) 10th
- View Answer
- Answer: C
3. With which digital payments app SBI General Insurance collaborated to offer health insurance?
A) PayTm
B) Google Pay
C) PhonePe
D) Amazon Pay
- View Answer
- Answer: B
4. How much amount of loan was signed between India and Asian Development Bank to promote agribusiness network to boost farm incomes and reduce food losses in the State of Maharashtra?
A) $170 million
B) $200 million
C) $80 million
D) $100 million
- View Answer
- Answer: D
5. With which state government the Bombay Stock Exchange (BSE), has signed a MoU to spread awareness about the benefits of listing SME?
A) Chhattisgarh
B) Madhya Pradesh
C) Uttar Pradesh
D) Bihar
- View Answer
- Answer: A
6. How much percent of Gold has been increased in RBI’s forex reserves?
A) 10%
B) 11%
C) 12%
D) 13%
- View Answer
- Answer: B
7. How much amount of loan will be co-financed by AIIB and ADB for India’s fight against COVID-19?
A) USD 5 billion
B) USD1 billion
C) USD 3 billion
D) USD 2 billion
- View Answer
- Answer: D
8. Which company has launched Token Hub’ to help businesses comply with RBI norms?
A) PayU
B) Paytm
C) Payzapp
D) Mobikwik
- View Answer
- Answer: A
9. Which bank has partnered with National Payments Corporation of India (NPCI) to launch credit cards on the RuPay network for Indian armed forces personnel?
A) ICICI Bank
B) idbi bank
C) RBL Bank
D) Kotak Mahindra Bank
- View Answer
- Answer: D
10. Which company has partnered with Indian Railways to build trust in communication for passengers?
A) Truecaller
B) Mobikwik
C) Freecharge
D) Paytm
- View Answer
- Answer: A
11. Which company will purchase a 23% stake of Paytm Insuretech?
A) SwissRe
B) Swiggy
C) Payzapp
D) Amazon
- View Answer
- Answer: A
12. How much percent rate of interest was approved by Union Government on Employees Provident Fund?
A) 8.5%
B) 7.5%
C) 8.0%
D) 8.1%
- View Answer
- Answer: A
13. How much amount of loan was approved by Asian Development Bank for India’s industrial corridor development?
A) $ 500 million
B) $ 450 million
C) $ 300 million
D) $250 million
- View Answer
- Answer: D
14. Which company overtook Apple to become the world’s most valuable company?
A) Google
B) Microsoft
C) Oracle
D) Amazon
- View Answer
- Answer: B
15. Which bank was authorised by RBI as an agency bank for undertaking government business?
A) Bandhan Bank
B) RBL Bank
C) IndusInd Bank
D) IDBI Bank
- View Answer
- Answer: A
16. Which bank has signed a MoU with NCDEX e Markets Ltd (NEML) to become a “clearing bank” for handling financial transactions in the NeML market place and procurement/auction platform?
A) IDBI Bank
B) Bank of Baroda
C) Punjab National Bank
D) State Bank of India
- View Answer
- Answer: B
17. Which organisation is working with NITI Aayog to facilitate a program for faster and easier financing of electric vehicles (EV)?
A) International Monetary Fund
B) Asian IIB
C) Asian Development Bank
D) World Bank
- View Answer
- Answer: D
18. How much amount of defence procurement was approved by Ministry of Defence including 12 light utility helicopters from Hindustan Aeronautics Limited?
A) ₹8065 cr
B) ₹6899 cr
C) ₹7647 cr
D) ₹7965 cr
- View Answer
- Answer: D
19. Which company to set up India’s first mega-scale Maleic Anhydride Plant at Panipat?
A) Indian Oil Corporation
B) Bharat Petroleum Corporation Limited
C) National Thermal Power Corporation
D) Bharat Heavy Electrical Limited
- View Answer
- Answer: A
20. What is the name of Elon Musk’s satellite internet division that has registered its business in India?
A) Starlink
B) SpaceX
C) Delta
D) Meta
- View Answer
- Answer: A