Weekly Current Affairs Economy Quiz PDF 16-22 December 2023 Bitbank| Sakshi Education

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Below are the useful current affairs quiz 2023 practice questions in Economy for competitive exams like APPSC, TSPSC Groups and UPSC Civil Services, prepared by sakshi education.

weekly current affairs Economy GK Quiz 16-22 December 2023

1. What led the Reserve Bank of India (RBI) to impose monetary penalties on five cooperative banks recently?
A. Financial Mismanagement
B. Regulatory Compliance Deficiencies
C. Customer Service Issues
D. Technological Failures

View Answer
- Answer: B

2. What are the names of the co-branded credit cards introduced through the collaboration of IDFC FIRST Bank, LIC Cards, and Mastercard?
A. Master Elite and LIC Gold
B. IDFC FIRST Card and LIC Mastercard
C. LIC Classic and LIC Select
D. Financial Freedom and Platinum Plus

View Answer
- Answer: C

3. What agreement governs the swift clearance of goods under the India-Korea Electronic Origin Data Exchange System (EODES)?
A. Bilateral Trade Agreement
B. International Customs Protocol
C. Economic Collaboration Initiative
D. Comprehensive Economic Partnership Agreement

View Answer
- Answer: D

4. Which financial institution has ventured into the paper packaging industry with a ₹49.99 Crore investment in Canpac Trends Private Limited?
A. Bank of Borada
B. HDFC Bank
C. State Bank of India
D. Axis Bank

View Answer
- Answer: C

Also Read: Weekly Current Affairs (Economy) 02-08 December 2023 Bitbank: What is the main reason behind Foxconn's $1.5 billion investment in India?

5. Which industry is the focus of the 'Indus Solitaire Program' introduced by IndusInd Bank recently?
A. Diamond Industry
B. Pharmaceuticals Industry
C. Gold Industry
D. Automotive Industry

View Answer
- Answer: A

6. Which organization collaborated with the Government of India in signing a $250 million policy-based loan for Industrial Corridor Development?
A. World Bank
B. Asian Development Bank
C. International Monetary Fund
D. New Development Bank

View Answer
- Answer: B

7. Which airline has become the first Indian airline to transport 100 million passengers in a single calendar year recently?
A. Air India
B. SpiceJet
C. Vistara
D. IndiGo

View Answer
- Answer: D

8. Which company has collaborated with REC Limited to enhance its non-fund-based working capital capacity recently?
A. Suzlon
B. Tata Power Renewable Energy
C. Adani Green Energy
D. Greenko Group

View Answer
- Answer: A

9. Which financial institution's market capitalization soared to Rs 6 trillion with a 17% surge in just one month recently?
A. HDFC Bank
B. State Bank of India
C. Punjab National Bank
D. Axis Bank

View Answer
- Answer: B

Also Read: Weekly Current Affairs (Economy) 25 Nov - 01 Dec 2023 Bitbank: Which Indian state launched the 'AMA Bank' scheme to provide banking services in all Gram Panchayats?

10. What regulatory approval have Razorpay and Cashfree recently secured from the Reserve Bank of India (RBI)?
A. Digital Lenders
B. Contactless Payments
C. Payment Aggregators
D. Cryptocurrency Exchanges

View Answer
- Answer: C

11. Which port achieved a record-breaking cargo handling of 100 Million Metric Tonnes in just 262 days recently?
A. Paradip Port
B. Mumbai Port
C. Chennai Port
D. Kolkata Port

View Answer
- Answer: A

12. Until when has LIC been granted an extension to achieve the 25% Minimum Public Shareholding (MPS) rule, as per the one-time exemption by the Ministry of Finance?
A. May 2025
B. May 2028
C. May 2030
D. May 2032