Current Affairs (Economy) Quiz 01-07 January 2022
1. What is the estimated GDP growth rate of India as per ICRA Ltd. for the financial year 2022-2023?
A) 7%
B) 10%
C) 8%
D) 9%
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- Answer: D
2. Which bank has recently acquired 9.95 percent stake in India International Clearing Corporation (IICC) Ltd of GIFT-IFSC?
A) ICICI Bank
B) Punjab National Bank
C) State Bank of India
D) HDFC Bank
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- Answer: C
3. How many countries have been inducted as the new member of New Development Bank (NDB) apart from the five BRICS countries?
A) 3
B) 4
C) 5
D) 2
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- Answer: B
4. What is the interest rate applicable on the Public Provident Fund Account (PPF)?
A) 7.7%
B) 7.5%
C) 7.1%
D) 7.3%
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- Answer: C
5. Which bank has been authorized by the Government of India to issue and encash Electoral Bonds?
A) State Bank of India
B) Bank of Baroda
C) All Public Sector banks
D) Punjab National Bank
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- Answer: A
6. What is the upper limit per transaction fixed by RBI for small value digital transactions in offline mode?
A) Rs 100
B) Rs 500
C) Rs 200
D) Rs 400
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- Answer: C
7. What percent stake will be acquired by NTPC in Power Exchange of India Ltd (PXIL)?
A) 3%
B) 5%
C) 4%
D) 6%
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- Answer: B
8. With which company SBI Cards and Payment Services Ltd has partnered for card tokenisation?
A) Google Pay
B) HDFC Bank
C) Mastercard
D) Paytm
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- Answer: D
9. Which of the following is the world’s first company that has recently hit $3 trillion market cap?
A) Apple
B) Samsung
C) Microsoft
D) Amazon
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- Answer: A
10. How many banks have been categorised as Domestic Systemically Important Banks (D-SIBs) by RBI?
A) 4
B) 3
C) 2
D) 5
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- Answer: B
11. What was the approx GST collection in December 2021 as per the data by the Ministry of Finance?
A) Rs. 1.29 crore
B) Rs. 1.11 crore
C) Rs. 1.08 crore
D) Rs. 1.44 crore
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- Answer: A
12. Which bank has launched Green Fixed Deposits, for its retail and corporate customers?
A) IndusInd Bank
B) HDFC Bank
C) ICICI Bank
D) Axis Bank
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- Answer: A
13. Which of the following bank is not classified as Domestic Systemically Important Banks (D-SIBs) by RBI?
A) State Bank of India
B) Punjab National Bank
C) HDFC Bank
D) ICICI Bank
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- Answer: B
14. How many cryptocurrencies will be monitored on India’s first cryptocurrencies index launched by CryptoWire?
A) 10
B) 15
C) 20
D) 12
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- Answer: B
15. Which among the following banks has invested $20 million in Pine Labs Pvt Ltd?
A) Union Bank of India
B) State Bank of India
C) Punjab National Bank
D) Bank of Baroda
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- Answer: B
16. Which of the following companies has invested USD 200 million in delivery platform Dunzo to acquire its 25.8% stake?
A) DMart
B) Future Group
C) Bigbasket
D) Reliance Retail
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- Answer: D
17. Which mutual fund has launched India’s first Auto Exchange Traded Fund (ETF)?
A) ICICI Prudential Mutual Fund
B) SBI Mutual Funds
C) Axis Mutual Fund
D) Nippon India Mutual Fund
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- Answer: D
18. Which platform launched the Unified Presentment Management System?
A) Bharat BillPay
B) Google Pay
C) Phone Pe
D) Amazon Pay
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- Answer: A