Weekly Current Affairs (Economy) Bitbank: Which is the only institution in India to issue 'Electoral bonds'?

Sakshi Education

Weekly GK Quiz Economy Practice Test (01-07 July 2022)

1. What percentage of all workers is employed by MSMEs as MSMEs are the largest employer in India outside of agriculture sector?
A. 45%
B. 75%
C. 35%
D. 55%

View Answer
- Answer: A

2. Up to how many rupees SEBI gave UPI a payment option to invest in public issues of REITs, InvITs for application value?
A. Rs 2 lakh
B. Rs 5 lakh
C. Rs 15 lakh
D. Rs 10 lakh

View Answer
- Answer: B

3. Which is the only institution in India to issue 'Electoral bonds'?
A. State Bank of India
B. Election Commission of India
C. Reserve Bank of India
D. NITI Aayog

View Answer
- Answer: A

4. By whom the Shopsy app has been launched?
A. Flipkart
B. Google
C. Paytm
D. Amazon

View Answer
- Answer: A

Also Read: Weekly Current Affairs (Economy) Bitbank: What is the fiscal deficit recorded in India for 2021-22 in GDP?

5. With whom Protean partnered to offer e-PAN Services?
A. Paytm
B. Razorpay
C. PayNearby
D. Dvara KGFS

View Answer
- Answer: C

6. With which bank Airtel Payments Bank has partnered to digitize the cash collection system in Tier III?
A. Axis Bank
B. ICICI Bank
C. HDFC Bank
D. Yes Bank

View Answer
- Answer: A

7. Which new body has been approved to replace the Banks Board Bureau BBB?
A. Banks and Insurance Companies Bureau
B. Financial Services Institution Bureau (FSIB)
C. Financial Institutions Bureau (FIB)
D. Banks Appointment Bureau (BAB)

View Answer
- Answer: B

8. How many Investments Proposals are approved by the government of Rs.86,824 cr for Electronics Manufacturing?
A. 300
B. 348
C. 314
D. 327

View Answer
- Answer: C

9. To how much percent Crisil has cut the real GDP growth forecast for India in FY23 (FY 2022-2023)?
A. 7.2 percent
B. 7.5 percent
C. 7.1 percent
D. 7.3 percent

View Answer
- Answer: D

Also Read: Weekly Current Affairs (Economy) Bitbank: Which company has become the first to be traded on the Indian Gas Exchange?

10. Which bank has released the Report on Currency and Finance?
A. Reserve Bank of India
B. Union Bank of India
C. State Bank of India
D. Asian Development Bank

View Answer
- Answer: A

11. What percent of Micro Enterprises will receive subsidies in their businesses under the ZED certification scheme?
A. 80%
B. 20%
C. 60%
D. 40%

View Answer
- Answer: A

12. What is the total GST revenue collected in June 2022?
A. Rs 1.15 Lakh Crore
B. Rs 1.30 Lakh Crore
C. Rs. 1.20 Lakh Crore
D. Rs 1.45 Lakh Crore

View Answer
- Answer: D

13. In which month India recorded its fastest growth in 11 years in the services industry?
A. June 2022
B. January 2022
C. April 2022
D. May 2022

View Answer
- Answer: A

14. With which state Tata Power has signed an MoU to invest about Rs 3,000 crore to set up the solar cell, and module manufacturing unit in the state?
A. Tamil Nadu
B. Odisha
C. Kerala
D. Madhya Pradesh