Weekly Current Affairs (Economy) Quiz (14-20 May 2023)

1. Which bank, in partnership with National E-Governance Services Limited (NeSL), has launched Electronic Bank Guarantee on its Digital Platform?
A. Canara Bank
B. UCO Bank
C. Bank of Baroda
D. Panjab National Bank

• View Answer
  • Answer: C

2. By which month of the year RBI has instructed banks to end reliance on LIBOR and adopt an alternative reference rate?
A. July 2023
B. May 2023
C. August 2023
D. June 2023

• View Answer
  • Answer: A

3. To what year-on-year growth percentage India's goods exports for 2022-23 reached nearly USD 451 billion?
A. 6.7%
B. 6.8%
C. 6.9%
D. 6.6%

• View Answer
  • Answer: C

4. Which country became India's third-largest export destination in FY 23 after the United States of America and the United Arab Emirates?
A. Netherlands
B. Nigeria
C. Myanmar
D. Vietnam

• View Answer
  • Answer: A

Also Read: May Weekly Current Affairs (Economy) Bitbank: In which state the world's largest refinery complex will be built?

5. Which bank has approved an $82 million loan for controlling zoonotic diseases in India?
A. Asian Development Bank
B. BRICS Bank
C. World Bank
D. International Monetary Fund

• View Answer
  • Answer: C

6. With which country the Institute of Chartered Accountants of India (ICAI) has signed an MoU?
A. Maldives
B. Spain
C. Japan
D. Singapore

• View Answer
  • Answer: A

7. With which bank Zomato has partnered to introduce its own unified payments interface (UPI) offering called Zomato UPI?
A. HDFC Bank
B. ICICI Bank
C. Bank of Baroda
D. Yes Bank

• View Answer
  • Answer: B

8. What is the estimated value of the 350 tunnels that the Ministry of Road Transport and Highways (MoRTH) plans to build?
A. 1 lakh crore
B. 2 lakh crore
C. 3 lakh crore
D. 4 lakh crore

• View Answer
  • Answer: A

9. By which year did Amazon Web Services announce a $12.7 billion investment in India's cloud infrastructure?
A. 2029
B. 2030
C. 2031
D. 2032

• View Answer
  • Answer: B

Also Read: May Weekly Current Affairs (Economy) Bitbank: Which company became the 6th largest company in India, replacing Infosys?

10. Which country has expressed its interest in joining India's Unified Payments Interface (UPI) system?
A. Denmark
B. Malaysia
C. China
D. Japan

• View Answer
  • Answer: D

11. How many crores surplus transfer the RBI has approved to the Government for FY23?
A. 87,353
B. 87,238
C. 87,416
D. 87,310

• View Answer
  • Answer: C

12. What is the percentage of TCS announced to be levied on international credit card spending?
A. 10%
B. 20%
C. 15%
D. 25%

• View Answer
  • Answer: B

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Published date : 09 Jun 2023 01:51PM