Weekly Current Affairs (Economy) Practice Test (19-25 March, 2022)
1. To which percent of the total assets the revised maximum limit on microfinance loans for NBFCs other than NBFC-MFIs?
A. 75 per cent
B. 50 per cent
C. 10 per cent
D. 25 per cent
- View Answer
- Answer: D
2. What is the upper limit of a UPI Lite payment transaction?
A. Rs 500
B. Rs 100
C. Rs 2000
D. Rs 200
- View Answer
- Answer: D
3. Which coalfield in India is currently the largest coal-producing company in India?
A. Central Coalfields Limited
B. South Eastern Coalfields Limited
C. Bharat Coking Coal
D. Mahanadi Coalfields Limited
- View Answer
- Answer: D
4. Along with which bank Equirus Wealth in collaboration with SCUBE Capital to jointly launch USD Offshore Fund?
A. Federal Bank
B. Axis Bank
C. ICICI Bank
D. Canara Bank
- View Answer
- Answer: A
5. In which city the State Bank of India will set up an Innovation, Incubation and Acceleration Centre?
A. Mumbai
B. Hyderabad
C. Bengaluru
D. Chennai
- View Answer
- Answer: B
6. What is the projected GDP growth rate of India in the calendar year 2022 as per Moody's?
A. 9.1%
B. 7.1%
C. 8.8%
D. 9.5%
- View Answer
- Answer: A
7. Which company topped the list Deloitte's report titled "Global Powers of Retailing 2022?
A. Schwarz Group
B. Costco Wholesale Corporation
C. The Home Depot, Inc
D. Walmart Inc
- View Answer
- Answer: D
8. Which bank is in partnership with Emirates Skywards and launched co-branded credit cards?
A. ICICI Bank
B. Bank of Baroda
C. Indian Overseas Bank
D. State Bank of India
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- Answer: A
9. Which bank has announced the launch of the SmartHub Vyapar programme?
A. ICICI Bank
B. SBI
C. Axis Bank
D. HDFC Bank
- View Answer
- Answer: D
10. Which bank has launched the 'AutoFirst' application to offer fully automated auto loans?
A. HDFC Bank
B. IndusInd Bank
C. ICICI Bank
D. Kotak Mahindra Bank
- View Answer
- Answer: A
11. Which of the following has rolled out the "UPI Lite - On-Device Wallet" functionality?
A. National Payments Corporation of India
B. NITI Aayog
C. Reserve Bank of India
D. Ministry of Finance
- View Answer
- Answer: A
12. What is the rank of India in the 'Global House Price Index Q4 2021' released by property consultant Knight Frank?
A. 56
B. 51
C. 45
D. 49
- View Answer
- Answer: B
13. What is India's GDP growth rate projection for 2022-23 (FY23) as per OECD?
A. 8.3%
B. 8.1%
C. 8.7%
D. 8.5%
- View Answer
- Answer: B
14. How much amount has been set as the target by the government for the National Bank for Financial Infrastructure and Development (NaBFID) to sanction loans for the infrastructure sector in 2022-23?
A. Rs 3 trillion
B. Rs 1 trillion
C. Rs 5 trillion
D. Rs 2 trillion
- View Answer
- Answer: B
15. What is the total value of the Wildlife Conservation Bonds, also known as Rhino Bond?
A. $150 million
B. $250 million
C. $125 million
D. $100 million
- View Answer
- Answer: A