Weekly Current Affairs (Economy) Quiz (09-15 December 2023)
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1. What is the new UPI payment limit set by the Reserve Bank of India for the healthcare and education sectors?
A. From Rs 1 lakh to Rs 5 lakh
B. From Rs 5 lakh to Rs 10 lakh
C. From Rs 2 lakh to Rs 5 lakh
D. From Rs 1 lakh to Rs 2 lakh
- View Answer
- Answer: A
2. Which Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power signed a 200 million Euro loan agreement with the German bank KfW for distribution sector reforms?
A. NTPC Limited
B. Power Grid Corporation of India
C. NHPC Limited
D. REC Limited
- View Answer
- Answer: D
3. Which company has become the world's 3rd most valuable tobacco company, surpassing British American Tobacco (BAT)?
A. Japan Tobacco Inc
B. China National Tobacco Corporation
C. Indian Tobacco Company
D. Reynolds American Inc
- View Answer
- Answer: C
4. Where will the 27th World Investment Conference (WIC) be hosted by Invest India?
A. Mumbai
B. New Delhi
C. Bangalore
D. Kolkata
- View Answer
- Answer: B
5. In the global ranking of startup funding, where does India stand after facing a funding setback in 2023?
A. 1st
B. 2nd
C. 3rd
D. 4th
- View Answer
- Answer: D
6. With which company Tata Power EV Charging Solutions Ltd (TPEVCSL) has signed an MoU to deploy over 500 EV charging points nationwide in India?
A. Hindustan Petroleum
B. Bharat Petroleum
C. Shell Oil
D. Indian Oil
- View Answer
- Answer: D
7. Which bank launched the Nari Shakti Savings Account specifically for women?
A. State Bank of India
B. HDFC Bank
C. Bank of India
D. Axis Bank
- View Answer
- Answer: C
8. What is the primary focus of the €70 million Line of Credit (LoC) agreement between the State Bank of India (SBI) and the German Development Bank KfW?
A. Wind energy projects
B. Water conservation initiatives
C. Sustainable agriculture programs
D. Solar energy projects
- View Answer
- Answer: D
9. Which bank has received authorization from the Reserve Bank of India (RBI) to disburse pensions through e-Pension Payment Orders (e-PPOs) for retired Ministry of Railways employees?
A. State Bank of India
B. Bandhan Bank
C. RBL Bank
D. Federal Bank
- View Answer
- Answer: B
10. Which bank has partnered with Reliance Industries to finance the production of compressed biogas (CBG) from crop residue?
A. Citibank
B. Deutsche Bank
C. DBS Bank
D. HSBC Bank
- View Answer
- Answer: C
11. Which company recently had its Baa2 rating reaffirmed by Moody's Investors Service?
A. Reliance Industries
B. Tata Motors
C. Infosys
D. Adani Group
- View Answer
- Answer: A
12. In collaboration with Imperial College London, which global steel leader has committed a substantial investment of ₹100 crore for the establishment of the Centre for Innovation in Sustainable Design and Manufacturing in London?
A. ArcelorMittal
B. POSCO
C. Tata Steel
D. Nippon Steel
- View Answer
- Answer: C
13. Which financial institution has approved a USD 200 million loan for the Swachh Bharat Mission-Urban 2.0?
A. World Bank
B. Asian Development Bank
C. International Monetary Fund
D. Reserve Bank of India
- View Answer
- Answer: B
14. Which Indian state secured MoUs worth Rs 50,530 crore from 300 companies in 2023?
A. Uttar Pradesh
B. Maharashtra
C. Bihar
D. Karnataka
- View Answer
- Answer: C
15. What is the revised growth projection by the Asian Development Bank (ADB) for India in the financial year FY24?
A. 6.2%
B. 6.7%
C. 7.2%
D. 7.6%
- View Answer
- Answer: B
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