October Weekly Current Affairs (Economy) Bitbank: Which institution released a concept note on the Central Bank Digital Currency (CBDC)?

Sakshi Education

1. By which organization a new advanced supervisory monitory system- Daksh has been launched?
A. Central Bank of India
B. State Bank of India
C. Reserve Bank of India
D. Union Bank of India

View Answer
- Answer: C

2. What is India's economic growth in 2022 from 8.2% in 2021 as per the UNCTAD Report 2022?
A. 4.7%
B. 7.7%
C. 6.7%
D. 5.7%

View Answer
- Answer: D

3. Which institution released a concept note on the Central Bank Digital Currency (CBDC)?
A. Reserve Bank of India
B. NITI Aayog
C. National Payments Corporation of India
D. Ministry of Finance

View Answer
- Answer: A

4. What would be the combined shareholding of LIC and the Government in IDBI Bank following the proposed sale of a stake in that institution?
A. 34 %
B. 49 %
C. 51 %
D. 25 %

View Answer
- Answer: A

Also Read: October Weekly Current Affairs (Economy) Bitbank: To what percentage the World Bank lowered India's GDP growth forecast?

5. How much in RuPay credit cards can be used for UPI transactions without incurring fees?
A. Rs. 10,000
B. Rs. 6,000
C. Rs. 5,000
D. Rs. 2,000

View Answer
- Answer: D

6. To what percent the World Bank slashed its growth estimate for India by one percentage point for FY23 in October 2022?
A. 6.0%
B. 7.0%
C. 6.5%
D. 7.5%

View Answer
- Answer: C

7. Which organization has released the 'Poverty and Shared Prosperity 2022' Report?
A. SBI
B. World Bank
C. Reserve Bank of India
D. Asian Development Bank

View Answer
- Answer: B

8. Which bank has started the Gram Seva program in six states?
A. HDFC Bank
B. YES Bank
C. State Bank of India
D. Bank of India

View Answer
- Answer: C

9. Which bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner?
A. ICICI Bank
B. IndusInd Bank
C. Axis Bank
D. Bandhan Bank

View Answer
- Answer: A

Also Read: September Weekly Current Affairs (Economy) Bitbank: Which one became the second largest cement company in the country?

10. How much percent stake in IDBI Bank the Central government and the LIC have decided to sell off their?
A. 30.24%
B. 60.72%
C. 30.48%
D. 95.50%

View Answer
- Answer: B

11. By which institution 'Education 4.0 India Report' has been launched?
A. International Monetary Fund
B. World Economic Forum
C. World Bank
D. Bill & Melinda Gates Foundation

View Answer
- Answer: B

12. Which global bloc created Crypto-Asset Reporting Framework (CARF)?
A. Organisation for Economic Co-operation and Development
B. International Monetary Fund
C. World Economic Forum
D. World Bank