1. Which organization has signed an MoU with Andhra Pradesh Power Generation Corporation Limited for Pumped Hydro Storage and Renewable Energy Projects in Andhra Pradesh?
A. NHPC Limited
B. PowerGrid Corporation of India
C. Tata Power
D. NTPC Limited
- View Answer
- Answer: A
2. Which company has introduced the new fashion retail brand, Yousta?
A. ITC Ltd.
B. Reliance Industries Ltd
C. Hindustan Unilever
D. Mahindra & Mahindra
- View Answer
- Answer: B
3. What is the new minimum capital requirement set by IRDAI for foreign reinsurance branches (FRBs)?
A. Rs 25 crores
B. Rs 50 crores
C. Rs 100 crores
D. Rs 155 crores
- View Answer
- Answer: B
4. How much funding did Zepto raise in its Series-E funding round recently?
A. $200 million
B. $1.4 billion
C. $100 million
D. $500 million
- View Answer
- Answer: A
Also Read: Weekly Current Affairs (Economy) 19-25 August 2023 Bitbank
5. Which of the following banks in collaboration with Mastercard Center and Frontier Markets, has introduced a transformative initiative named She Leads Bharat: Udyam?
A. Jio Payments Bank
B. NSDL Payments Bank
C. Airtel Payments Bank
D. India Post Payments Bank
- View Answer
- Answer: C
6. What percentage of India's senior citizen population lacks health insurance coverage according to the survey by Plum (insurance provider platform)?
A. 98%
B. 17%
C. 85%
D. 45%
- View Answer
- Answer: A
7. What is the total FDI inflow into India during the first quarter of the fiscal year 2023-24?
A. $34.94 billion
B. $10.94 billion
C. $16.58 billion
D. $25.50 billion
- View Answer
- Answer: B
8. Which bank introduced an innovative Customer Service Points (CSP) functionality that allows customers to seamlessly enrol in essential social security schemes using just their Aadhaar cards?
A. State Bank of India (SBI)
B. Bank of Baroda (BoB)
C. Punjab National Bank (PNB)
D. Union Bank of India (UBI)
- View Answer
- Answer: A
9. What are the non-callable term deposits for deposits above Rs 15 lakh recently launched by the State Bank of India called?
A. SBI 'Sarvottam'
B. SBI 'Secure Saver'
C. SBI 'Instant Access'
D. SBI 'Flexi-Deposit'
- View Answer
- Answer: A
Also Read: Weekly Current Affairs (Economy) 12-18 August 2023 Bitbank
10. Which company is partnering with ACME Group to set up India's largest green hydrogen project in Odisha?
A. National Renewable Energy Corporation
B. GAIL Limited
C. Indian Oil Corporation
D. Tata Steel
- View Answer
- Answer: D
11. Which bank has been authorized by RBI to be the official pension disbursement bank in collaboration with the Central Pension Accounting Office (CPAO)?
A. State Bank of India
B. ICICI Bank
C. Bandhan Bank
D. HDFC Bank
- View Answer
- Answer: C
12. Which bank launched the ‘Infinity Savings Account’ with zero domestic transaction fees?
A. State Bank of India
B. ICICI Bank
C. Axis Bank
D. HDFC Bank
- View Answer
- Answer: C
13. What percentage of the annual target for the fiscal year 2023-24 did India's fiscal deficit reach in the first four months?
A. 33.9%
B. 25.5%
C. 41.2%
D. 18.6%
- View Answer
- Answer: A
14. Which public sector bank has launched a mobile app to enable MSMEs to access instant loans using GST invoices?
A. State Bank of India
B. Bank of Baroda
C. Punjab National Bank
D. Indian Bank
- View Answer
- Answer: C
Also Read: Weekly Current Affairs (Economy) 5-11 August 2023 Bitbank
15. What was the year-on-year growth rate of the All-India House Price Index (HPI) in Q1FY24?
A. 3.4%
B. 4.5%
C. 5.1%
D. 6.7%
- View Answer
- Answer: C
16. What is Moody's revised GDP growth forecast for India in 2023?
A. 5.5%
B. 6.1%
C. 6.5%
D. 6.7%
- View Answer
- Answer: D
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