Weekly Current Affairs (Economy) Quiz (8-14 July 2023)

1. Which bank launched its virtual branch in the Metaverse recently?
A. ICICI Bank
B. Bank Of Baroda
C. HDFC Bank
D. Punjab National Bank

• View Answer
  • Answer: D

2. What is the current (July 2023) Repo rate according to Reserve Bank of India?
A. 6.1%
B. 6.5%
C. 6.7%
D. 6.9%

• View Answer
  • Answer: B

3. What was the theme of the 33rd Conference of the State Finance Secretaries held in Mumbai on July 6, 2023?
A. FDI: Infrastructure of States
B. Debt Sustainability: States
C. Import Export: Balance
D. FDI: Investment in Retail Sector

• View Answer
  • Answer: B

4. With which country India has started bilateral trade in rupees recently?
A. Russia
B. Bangladesh
C. Pakistan
D. Sri Lanka

• View Answer
  • Answer: B

Also Read: Weekly Current Affairs (Economy) 1-7 July 2023 Bitbank: Which state holds the first position in electronic exports in India?

5. From which country did India permit Potato Imports till June 2024 without the need for an import license?
A. China
B. Nepal
C. Sri Lanka
D. Bhutan

• View Answer
  • Answer: D

6. In which Indian city TI Clean Mobility Pvt. Ltd. has started setting up an e-tractor factory?
A. Chennai
B. Mumbai
C. Hyderabad
D. Guwahati

• View Answer
  • Answer: A

7. Which company has withdrew from India's semiconductor joint venture with Vedanta?
A. Hon Hai Inc
B. Dell Technologies Inc.
C. Foxconn
D. Sony Corp.

• View Answer
  • Answer: C

8. How much funds the Ministry of Finance released to 22 State Governments for their respective State Disaster Response Funds?
A. 7,110 crore
B. 7,152 crore
C. 7,625 crore
D. 7,532 crore

• View Answer
  • Answer: D

9. With which company/organization did the Ministry of Defence sign a contract for the procurement of two Dornier Aircraft for the Indian Coast Guard?
A. Hindustan Aeronautics Limited
B. Reliance Industries Limited
C. Defence Research and Development Organisation
D. ADANI Enterprises

• View Answer
  • Answer: A

Also Read: Weekly Current Affairs (Economy) 25-30 June 2023 Bitbank: Which bank granted a USD 255.5 Million loan to enhance technical education in India?

10. With which country India has started trade settlements in local currencies?
A. Nepal
B. Egypt
C. Russia
D. Tanzania

• View Answer
  • Answer: D

11. How many new FPOs (Farmer Producer Organizations) were declared during the inauguration of the National Mega Conclave on FPO in the cooperative sector?
A. 1700
B. 1100
C. 8000
D. 3000

• View Answer
  • Answer: B

12. Which of the following banks will sign a ₹3,000 crore IT transformation deal to revamp and enhance its tech infrastructure?
A. Canara Bank
B. UCO Bank
C. Yes Bank
D. HDFC Bank

• View Answer
  • Answer: A

13. By which year will India surpass the USA to become the world's 2nd largest economy according to Goldman Sachs,?
A. 2050
B. 2065
C. 2070
D. 2075

• View Answer
  • Answer: D

14. Which country has overtaken China to become the most attractive emerging market for investing according to Invesco Global Sovereign Asset Management?
A. Russia
B. Nepal
C. India
D. Bhutan

• View Answer
  • Answer: C

Also Read: June 2023 Weekly Current Affairs (Economy) Bitbank: In which South Asian country did the World Bank introduce its inaugural road safety project?

15. By which year will India achieve self-sufficiency in Urea production according to the Union Minister for Chemicals and Fertilisers?
A. 2025
B. 2026
C. 2027
D. 2028

• View Answer
  • Answer: A

16. Where did the 50th GST Council meeting take place?
A. Chennai
B. Ahmedabad
C. New Delhi
D. Mumbai

• View Answer
  • Answer: C

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Published date : 04 Aug 2023 05:24PM