Weekly Current Affairs (Economy) Quiz (5-11 August 2023)

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

1. Which of the following countries currently holds a AAA credit rating from S&P Global, Fitch, and Moody’s agencies?
A. France
B. USA
C. Australia
D. Canada

• View Answer
  • Answer: C

2. What was the year-on-year (YoY) increase in State Bank of India's (SBI) standalone net profit during the first quarter of FY24?
A. 178%
B. 100%
C. 50%
D. 75%

• View Answer
  • Answer: A

3. What was the percentage increase in the FAO All Rice Price Index during July, compared to the preceding month?
A. 1.5%
B. 2.8%
C. 5.2%
D. 7.6%

• View Answer
  • Answer: B

4. Which regulatory body in India has authorized insurance companies' bond holdings in former HDFC to be treated as 'housing and infrastructure' investments until maturity?
A. Insurance Regulatory and Development Authority of India (IRDAI)
B. Reserve Bank of India (RBI)
C. Securities and Exchange Board of India (SEBI)
D. Ministry of Finance

• View Answer
  • Answer: A

Also Read: Weekly Current Affairs (Economy) 29 July - 04 Aug 2023 Bitbank

5. Which nation occupied the top spot in the list of the world's wealthiest countries based on GDP as of August 7, 2023?
A. China
B. Japan
C. Germany
D. USA

• View Answer
  • Answer: D

6. What was the collective profit reported by public sector banks in the first quarter of June 2023?
A. Rs 34,774 crore
B. Rs 15,306 crore
C. Rs 3,615 crore
D. Rs 12,522 crore

• View Answer
  • Answer: A

7. Where was the meeting held by the Executive Directors of the World Bank to understand the impact of the Bank’s projects in the country?
A. New Delhi, Delhi
B. Agra, Uttar Pradesh
C. Mumbai, Maharashtra
D. Kolkata, West Bengal

• View Answer
  • Answer: B

8. What is India's overall score in the Internet Resilience Index (IRI)?
A. 43 percent
B. 50 percent
C. 60 percent
D. 75 percent

• View Answer
  • Answer: A

9. By what percentage did China's exports drop in July compared to the previous year?
A. 12.4%
B. 14.5%
C. 10.2%
D. 16.8%

• View Answer
  • Answer: B

Also Read: Weekly Current Affairs (Economy) 22-28 July 2023 Bitbank

10. What is the total approximate value of the pending crop insurance claims under the Pradhan Mantri Fasal Bima Yojna according to data released in August 2023?
A. Rs. 1,532.50 crore
B. Rs. 2,716.10 crore
C. Rs. 3,924.75 crore
D. Rs. 4,635.20 crore

• View Answer
  • Answer: B

11. Which bank launched India's first eco-friendly debit card?
A. Indian Postal Payment Bank
B. HDFC Bank
C. State Bank of India
D. Airtel Payments Bank

• View Answer
  • Answer: D

12. Which bank has partnered with IIITD-IC to provide banking services to startups in the developmental phase?
A. State Bank of India
B. HDFC Bank
C. ICICI Bank
D. YES BANK

• View Answer
  • Answer: D

13. How many days has SEBI shortened the IPO listing timeline to post-closure for enhancing efficiency?
A. 3 days
B. 5 days
C. 7 days
D. 10 days

• View Answer
  • Answer: A

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Published date : 09 Sep 2023 03:47PM