Economy Current Affairs Practice Test in english

Sakshi Education

1. To which bank Canara Bank has sold its stake in a Russian joint venture for Rs 121 crore?
A. Punjab National Bank
B. State Bank of India
C. Union Bank of India
D. HDFC Bank

View Answer
- Answer: B

2. What is the duration for which the Union Cabinet extended the subsidy of 200 rupees per cylinder for 12 refills annually for beneficiaries?
A. One year
B. Two years
C. Three years
D. Four years

View Answer
- Answer: A

3. Which company has introduced the country's first "anywhere cashless" facility?
A. ICICI Lombard
B. General Insurance Corporation of India
C. New India Assurance
D. Life Insurance Corporation

View Answer
- Answer: A

4. By what percentage did the Centre notify a hike in wage rates under the rural job guarantee program, MGNREGA for 2023-24?
A. 5%
B. 10%
C. 20%
D. 30%

View Answer
- Answer: B

Also Read: March Weekly Current Affairs (Economy) Bitbank

5. In which state will SAEL Industries Ltd set up biomass power plants with the help of a loan of up to Rs. 754 crores from the Asian Development Bank (ADB)?
A. Bihar
B. Haryana
C. Rajasthan
D. Madhya Pradesh

View Answer
- Answer: C

6. For which UT did the Lok Sabha pass the over Rs 1.18 lakh crore budget?
A. Jammu and Kashmir
B. Chandigarh
C. Lakshadweep
D. Delhi

View Answer
- Answer: A

7. What is the Minimum Support Price (MSP) for Raw Jute approved by the Cabinet Committee on Economic Affairs (CCEA) for 2023-24?
A. Rs. 2000
B. Rs. 5000
C. Rs. 5050
D. Rs. 4000

View Answer
- Answer: C

8. Which pension system is being reviewed by a committee established by the government?
A. Atal Pension Yojana
B. National Pension System
C. New Pension System
D. Smart Pension System

View Answer
- Answer: C

9. What is the interest rate offered by the Mahila Samman Savings Certificate, which has tenure of two years?
A. 7.0%
B. 6.5%
C. 5.5%
D. 7.5%

View Answer
- Answer: D

Also Read: March Weekly Current Affairs (National) Bitbank

10. What is the interest rate fixed by the Employees' Provident Fund Organisation (EPFO) on employees' provident fund (EPF) deposits for 2022-23?
A. 8.0%
B. 9.0%
C. 8.15%
D. 7.20%

View Answer
- Answer: C

11. Which bank is set to acquire Silicon Valley Bank and take control of all its deposits and loans?
A. Federal Reserve of America
B. Reserve Bank of India
C. HDFC Bank
D. First Citizens Bank

View Answer
- Answer: D

12. Which organization has issued a circular suggesting "Prepaid Payment Instruments (PPI)" charges on merchant transactions on the Unified Payments Interface (UPI)?
A. National Payments Corporation of India
B. Reserve Bank of India
C. Securities Exchange Board of India
D. Insurance Regulatory and Development Authority

View Answer
- Answer: A

13. What is the total amount of India's exports this year, as stated by Commerce and Industry Minister Piyush Goyal on March 28th?
A. US$ 750 billion
B. US$ 850 billion
C. US$ 650 billion
D. US$ 700 billion

View Answer
- Answer: A

14. Which sector has the highest estimated percentage distribution of female workers according to the annual Periodic Labour Force Survey (PLFS) Report 2021-22?
A. Agriculture
B. Manufacture
C. Service
D. Education

View Answer
- Answer: A

Also Read: March Weekly Current Affairs (International) Bitbank

15. How much revenue did the Hindustan Aeronautics Limited (HAL) registered for the financial year 2022-23 the highest-ever revenue from operations?
A. Rs. 11,500 crores
B. Rs. 15,500 crores
C. Rs. 21,500 crores
D. Rs.26,500 crores

View Answer
- Answer: D

16. Which bank has launched the country's first pocket-sized swipe machine for accepting digital payments called "MicroPay"?
A. UCO Bank
B. Axis Bank
C. HDFC Bank
D. State Bank of India