Weekly Current Affairs (Economy) Practice Test (19-25 February 2022)
1. Which bank has achieved the maximum number of awards at the IBA's Annual Banking Technology Awards 2021?
A. ICICI Bank
B. South Indian Bank
C. State Bank of India
D. The Jammu & Kashmir Bank
- View Answer
- Answer: B
2. What is the most recent revised GDP growth rate of India for FY22 as per SBI's Research Report, Ecowrap?
A. 9.5 percent
B. 9.3 percent
C. 8.8 percent
D. 8.3 percent
- View Answer
- Answer: C
3. With which company the Kotak Mahindra Bank has partnered to provide integrated Point of Sale solutions to its merchant partners?
A. mSwipe
B. PayU
C. Paytm
D. Ezetap
- View Answer
- Answer: D
4. Which bank has won the Best Technology Bank of the Year award among the Large Banks segment in IBA's 17th Annual Banking Technology Awards 2021?
A. ICICI Bank
B. Union Bank of India
C. State Bank of India
D. Bank of Baroda
- View Answer
- Answer: D
5. With which Indian body TransUnion CIBIL has partnered for a Nationwide MSME Consumer Education Program?
A. NITI Aayog
B. FICCI
C. NABARD
D. SIDBI
- View Answer
- Answer: B
6. What is the maximum stake that can be held by Public Sector Banks (PSBs) in India Debt Resolution Company Ltd (IDRCL)?
A. 51%
B. 27%
C. 75%
D. 49%
- View Answer
- Answer: D
7. By what percent the number of dollar-millionaire households increased in India in 2021, compared to 2020 as per the Hurun India Wealth Report 2021?
A. 21%
B. 15%
C. 11%
D. 17%
- View Answer
- Answer: C
8. Which bank has raised Rs 550 crore from the Central Bank of Singapore, Government of Singapore and other mutual fund companies?
A. ICICI Bank
B. Equitas Small Finance Bank
C. IDFC First Bank
D. IndusInd Bank
- View Answer
- Answer: B
9. Which bank has partnered with Assam Rifles to provide Central Forces Salary Package to all personnel of the force?
A. Union Bank of India
B. State Bank of India
C. Punjab National Bank
D. Bank of Baroda
- View Answer
- Answer: D
10. Which bank has become the first to enter the metaverse?
A. Citibank
B. JPMorgan
C. Barclays
D. UBS
- View Answer
- Answer: B
11. Which bank has acquired the highest stake in India Debt Resolution Company Ltd?
A. Union Bank of India
B. Canara Bank
C. Punjab National Bannk
D. State Bank of India
- View Answer
- Answer: B
12. Which Indian Power Company has partnered with Germany-based RWE Renewable GmbH to explore the potential for joint development of offshore wind projects in India?
A. Tata Power
B. NTPC Ltd
C. JSW Energy
D. Adani Power
- View Answer
- Answer: A
13. Which Indian telecom company has joined the global SEA-ME-WE-6 undersea cable consortium?
A. BSNL
B. Vodafone-Idea
C. Airtel
D. Reliance Jio
- View Answer
- Answer: C
14. What is the estimated GDP growth rate of India in the FY22, as per India Ratings?
A. 7.3 percent
B. 8.6 percent
C. 9.1 percent
D. 10.2 percent
- View Answer
- Answer: B
15. In which city the IBM has launched a new cybersecurity hub to address cyberattacks in the Asia Pacific (APAC) region?
A. Bengaluru
B. Hyderabad
C. Mumbai
D. Chennai
- View Answer
- Answer: A
16. What is the projected GDP growth forecast for India in the Calendar Year 2022, according to Moody's?
A. 9.8%
B. 8.5%
C. 7.9%
D. 9.5%
- View Answer
- Answer: D
17. Which organisation’s initiative was the 'Health Star Rating'?
A. NABARD
B. Food Safety and Standards Authority of India
C. Food Corporation of India
D. NITI Aayog
- View Answer
- Answer: B