Weekly Current Affairs (Economy) Quiz (08-14 July 2022)

1. What is the new limit of External Commercial Borrowing (ECB) under the automatic route as per the RBI's liberalised norms?
A. USD 1.5 billion
B. USD 500 million
C. USD 1 billion
D. USD 2 billion

• View Answer
  • Answer: A

2. Which company launched the 'Startup School India (SSI)' initiative?
A. Amazon
B. Microsoft
C. Meta
D. Google

• View Answer
  • Answer: D

3. Which bank has renewed the MoU with the Indian Air Force for the Defense Salary Package scheme?
A. Bank of Baroda
B. HDFC Bank
C. Reserve Bank of India
D. State Bank of India

• View Answer
  • Answer: D

4. How many million grants Salesforce announced for education, and workforce development in India?
A. 2 million
B. 3 million
C. 32 million
D. 1 million

• View Answer
  • Answer: A

Also Read: Weekly Current Affairs (Economy) Bitbank: Who launched the EASE 5.0 public sector banks' common reforms agenda?

5. Which bank has signed an agreement with the Forest and Wildlife Department of Kerala to enable digital collection of payments?
A. State Bank of India
B. South Indian Bank
C. Union Bank of India
D. Bank of Baroda

• View Answer
  • Answer: B

6. Which ministry of India approves HDFC, ICICI, & Axis to provide financial services in overseas procurement?
A. Ministry of Defence
B. Ministry of Women and Child Development
C. Ministry of External Affairs
D. Ministry of Home Affairs

• View Answer
  • Answer: A

7. What is the name of the single repository of all Indian government's digital projects, to be shared with the world?
A. Global Desi Stack
B. Local to Global Stack
C. India Stack
D. Vishwa Bharat Stack

• View Answer
  • Answer: C

8. How much percent Unemployment rate in India rose to in June?
A. 6.4%
B. 7.8%
C. 7.3%
D. 8.2%

• View Answer
  • Answer: B

9. To how much percent Crisil has cut the real GDP growth forecast for India in FY23?
A. 8.2%
B. 9.1%
C. 7.3%
D. 6.7%

• View Answer
  • Answer: C

Also Read: Weekly Current Affairs (Economy) Bitbank: By which year India's Digital Payments may reach $10 trillion?

10. How many crores Tata Power is to spend in 5 years on renewables?
A. Rs.75,000 Cr
B. Rs.70,000 Cr
C. Rs.80,000 Cr
D. Rs.65,000 Cr

• View Answer
  • Answer: A

11. What is the GST applied for the sale of the Indian national flag?
A. 5 per cent
B. 18 per cent
C. 0 per cent
D. 12 per cent

• View Answer
  • Answer: C

12. What is the name of the newest airline in India, which has received the AOC from the aviation regulator DCGA?
A. Alliance Air
B. Air India Express
C. Vistara Airlines
D. Akasa Air

• View Answer
  • Answer: D

13. Which bank has launched the Uni-verse-the Metaverse Virtual Lounge?
A. State Bank of India
B. City Union Bank
C. Punjab National Bank
D. Union Bank of India

• View Answer
  • Answer: D

14. Which is India's third and most recent power exchange that has launched?
A. Bharat Power Exchange
B. PTC Power Exchange
C. Hindustan Power Exchange
D. Amrit Power Exchange

• View Answer
  • Answer: C

15. What is the rate of retail inflation recorded in India in June 2022?
A. 7.01 per cent
B. 8.01 per cent
C. 6.01 per cent
D. 5.01 per cent

• View Answer
  • Answer: A

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Published date : 12 Aug 2022 01:57PM