Business, Economy & Banking (MCQs)
Categories: OTHERS
Q.1. As per the recent monetary policy committee announcement, what is the repo rate as of August 2023?
(A) 5.5 %
(B) 6.5 %
(C) 7.5 %
(D) 8.5 %
Ans. (B) 6.5 %
Q.2. Which institution issued guidelines to banks and NBFCs not to levy penal interest on borrowers in case of default?
(A) Ministry of Finance
(B) RBI
(C) NITI Aayog
(D) Supreme Court of India
Ans. (B) RBI
Q.3. As per a recent RBI study, which state topped the list of states that attracted investment funds from banks and financial institutions in 2022-23?
(A) Karnataka
(B) Uttar Pradesh
(C) Andhra Pradesh
(D) Odisha
Ans. (B) Uttar Pradesh
Q.4. What is the recent rating on India, as per Moody’s Investors Service?
(A) BBB
(B) Baa3
(C) Ba2
(D) BB
Ans. (B) Baa3
Q.5. Indian banking system liquidity slipped into a deficit in which month of 2023?
(A) April
(B) May
(C) July
(D) August
Ans. (D) August
Q.6. Which institution has forecasted India’s GDP growth at 8.3 per cent for April-June quarter?
(A) CRISIL
(B) World Bank
(C) IMF
(D) State Bank of India
Ans. (D) State Bank of India
Q.7. International Finance Corporation (IFC) is set to invest up to $100 million in which Indian company?
(A) IIFL Home Finance Limited
(B) LIC Housing Finance Limited
(C) Can Fin Homes
(D) National Housing Bank
Ans. (A) IIFL Home Finance Limited
Q.8. What is the new brand identity of Tata for its electric vehicle business?
(A) TATA.ev
(B) NEXON.ev
(C) TEV
(D) TATA Electro
Ans. (A) TATA.ev
Q.9. What is India’s Gross Domestic Product (GDP) percent in the April-June quarter of the current fiscal (2023-2024)?
(A) 5.8 per cent
(B) 6.8 per cent
(C) 7.8 per cent
(D) 8.8 per cent
Ans. (C) 7.8 per cent
Q.10. What does “I” stand in I-CRR stand for?
(A) Incidental
(B) Incremental
(C) Instrumental
(D) International
Ans. (B) Incremental