Weekly Current Affairs (Economy) Quiz (28 Oct - 3 Nov 2023)

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. What is India's rank in the number of fintech unicorns worldwide according to Statista?
A. Third
B. Second
C. First
D. Fourth

• View Answer
  • Answer: A

2. What is the daily fine that the RBI will impose on credit bureaus for failing to resolve customer complaints within 30 days?
A. ₹500
B. ₹100
C. ₹150
D. ₹200

• View Answer
  • Answer: B

3. Which Indian oil company introduced India's first reference fuel in 2023?
A. Indian Oil Corporation
B. Hindustan Petroleum Corporation
C. Bharat Petroleum Corporation
D. Reliance Industries

• View Answer
  • Answer: A

4. Which Indian conglomerate is set to become India's first iPhone manufacturer after acquiring Wistron's Indian operations?
A. Tata Group
B. Reliance Industries
C. Adani Group
D. Mahindra & Mahindra Group

• View Answer
  • Answer: A

Also Read: Weekly Current Affairs (Economy) 21-27 October 2023 Bitbank: How much money has the government allocated to expand the Pradhan Mantri Fasal Bima Yojana?

5. Which French aero engine company signed an MoU with Hindustan Aeronautics Limited (HAL) to enhance industrial cooperation in aerospace?
A. Dassault Systèmes
B. Airbus
C. Safran Aircraft Engines
D. Thales Group

• View Answer
  • Answer: C

6. To what amount did the RBI increase the bulk deposit limit for Regional Rural Banks (RRBs) in 2023?
A. Rs 15 lakh
B. Rs 1 Crore
C. Rs 2 Crore
D. Rs 5 Crore

• View Answer
  • Answer: B

7. Which small finance bank Fincare Small Finance Bank is set to merge with in 2024?
A. AU Small Finance Bank
B. Bandhan Bank
C. Ujjivan Small Finance Bank
D. Equitas Small Finance Bank

• View Answer
  • Answer: A

8. By what percentage did the number of active MGNREGS workers decline in April-September 2023 compared to the previous fiscal year?
A. 5.0%
B. 6.5%
C. 7.0%
D. 7.5%

• View Answer
  • Answer: D

9. Which company acquired Reliance Naval and Engineering in 2023?
A. Tata Group
B. Larsen & Toubro
C. Mazagon Dock Shipbuilders Limited
D. Swan Energy

• View Answer
  • Answer: D

Also Read: Weekly Current Affairs (Economy) 14-20 October 2023 Bitbank: What was India's economic growth rate in FY22/23, as per the World Bank?

10. What is the IMF's forecast for global growth in 2024?
A. 2.9%
B. 3.0%
C. 3.1%
D. 3.2%

• View Answer
  • Answer: A

11. What percentage of India's FY24 fiscal deficit target had been accrued by the end of the first half of the year?
A. 37.2%
B. 39.3%
C. 41.4%
D. 42.5%

• View Answer
  • Answer: B

12. What was the amount of India's Gross Goods and Services Tax (GST) collections in October 2023?
A. ₹1.52 Lakh Crore
B. ₹1.61 Lakh Crore
C. ₹1.72 Lakh Crore
D. ₹1.81 Lakh Crore

• View Answer
  • Answer: C

13. What percentage of ₹2,000 notes in circulation as of May 19, 2023, had been returned by October 31, 2023 as per the RBI report?
A. 97%
B. 98%
C. 95%
D. 96%

• View Answer
  • Answer: A

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Published date : 18 Nov 2023 07:11PM