Weekly Current Affairs Economy Quiz PDF 23-31 December 2023 Bitbank| Sakshi Education

Sakshi Education

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.

1. Which company has entered into an agreement with South Western Railway for the operation of special wagons to transport iron ore?
A. Tata
B. JSW
C. Hindalco
D. Vedanta

View Answer
- Answer: B

2. What was the value of India's foreign exchange reserves in the week ending December 15, the highest level since March 2022?
A. $616 billion
B. $598 billion
C. $625 billion
D. $607 billion

View Answer
- Answer: A

3. What is the value of the loan that the Government of India and ADB signed for the Delhi-Meerut RRTS corridor?
A. $250 million
B. $280 million
C. $230 million
D. $206 million

View Answer
- Answer: A

4. In which city the 605th meeting of the Central Board of Directors of the Reserve Bank of India was held?
A. Mumbai
B. New Delhi
C. Ekta Nagar
D. Ahmedabad

View Answer
- Answer: C

Also Read: Weekly Current Affairs (Economy) 16-22 December 2023 Bitbank: What led the Reserve Bank of India (RBI) to impose monetary penalties on five cooperative banks recently?

5. Which organization collaborated with the Department for Promotion of Industry and Internal Trade for the "Alleviating Heat Stress by Enhancing Production of Affordable Cooling Devices (AHEAD)" consultation workshop?
A. United Nations
B. International Monetary Fund
C. Asian Development Bank
D. World Bank

View Answer
- Answer: D

6. Which company is partnering with the Life Insurance Corporation of India (LIC) for a multi-year project to implement modern HR tech?
A. TechMahindra
B. Infosys
C. Kellton
D. Wipro

View Answer
- Answer: C

7. How much investment have India's government's PLI schemes accumulated As of September 2023?
A. Rs 50,000 Cr
B. Rs 75,000 Cr
C. Rs 95,000 Cr
D. Rs 100,000 Cr

View Answer
- Answer: C

8. Which regulatory authority has approved the reverse merger of IDFC Ltd with its banking subsidiary, IDFC First Bank?
A. RBI
B. SEBI
C. IRDAI
D. CCI

View Answer
- Answer: A

9. What was the consolidated balance sheet growth achieved by Indian banks in the fiscal year 2022-23, as per the RBI report?
A. 10.5%
B. 12.2%
C. 15.8%
D. 8.7%

View Answer
- Answer: B

Also Read: Weekly Current Affairs (Economy) 09-15 December 2023 Bitbank: Which bank launched the Nari Shakti Savings Account specifically for women?

10. In which state the Life Insurance Corporation (LIC) is opening a new branch office for global expansion?
A. Goa
B. Karnataka
C. Gujarat
D. Rajasthan

View Answer
- Answer: C

11. What position will India hold in terms of global economic ranking by 2032 according to the Centre for Economics and Business Research (CEBR) forecast?
A. Second
B. Third
C. Fifth
D. Seventh

View Answer
- Answer: B

12. Which Indian bank has announced plans to sell its entire 100% stake in its New Zealand subsidiary?
A. Bank of Baroda
B. Indian Bank
C. Punjab National Bank
D. Bank of India

View Answer
- Answer: A

13. Which company has secured the Bikaner-III Neemrana-II Transmission project through the Tariff-Based Competitive Bidding process?
A. Reliance Power
B. Adani Power
C. National Thermal Power Corporation
D. Tata Power

View Answer
- Answer: D

14. Which institution is leading the Rs 2,500 crore funding round for Mahindra-OTPP’s Green InvIT?
A. World Bank
B. Dutch pension fund APG
C. Asian Infrastructure Investment Bank
D. International Finance Corporation

View Answer
- Answer: C

15. Which of the following banks did RBI categorise as Domestic Systemically Important Banks (D-SIBs)?
A. SBI, Axis Bank, and HDFC Bank
B. SBI, HDFC Bank, and ICICI Bank
C. Punjab National Bank, Kotak Mahendra Bank and ICICI Bank
D. Bank of Baroda, Union Bank of India and State Bank of India