Current affairs/Business, Economy Sample Test,Sample questions

Question:
6Eskai is a new Chatbot launched by which company?

1.Tesla

2.IndiGo

3.Airtel

4.Adani Power


Question:
After China, which is the second country in the world to start the ‘trade-plus-one’ (T+1) settlement cycle?

1.USA

2.Russia

3.India

4.France


Question:
As per the Economic Survey, what is the estimated economic growth rate in 2023-24?

1.5.5 %

2.6.0 %

3. 6.5 %

4.7.0 %


Question:
As per the new rules, mergers and acquisitions (M&As) of startups and MSMEs will take how many days?

1.10-30

2. 15-60

3. 20-75

4. 30-90


Question:
Finance Ministry notified the constitution of how many Appellate Tribunals for the Goods and Services Tax (GST)?

1.13

2.18

3.31

4.42


Question:
In the August, the number of UPI transactions performed which milestone?

1.5 billion

2. 10 billion

3.15 billion

4.20 billion


Question:
India recently launched the trade transaction in rupees with which country?

1. Sri Lanka

2.Nepal

3.Bangladesh

4.Myanmar


Question:
Online gaming companies will charge 28% GST on full value of bets, with effect from which date?

1.October 1, 2023

2. January 1, 2024

3.April 1, 2024

4.October 1, 2024


Question:
RBI has selected which companies to use AI and ML to improve regulatory supervision?

1.McKinsey and Accenture

2.McKinsey and IBM

3.Deloitte and Accenture

4.Deloitte and Accenture


Question:
Sanjiv Chadha is the Managing director (MD) and CEO of which bank?

1.State Bank of India

2.Bank of Baroda

3.Canara Bank

4.Punjab National Bank


Question:
The government has scrapped the long-term capital gains treatment for income from which type of mutual fund?

1.Equity Funds

2. Debt Funds

3.Index Funds

4. ELSS Funds


Question:
The GST Council imposed what percent tax on online gaming, horse racing and casinos?

1.5 per cent

2.12 per cent

3.18 per cent

4. 28 per cent


Question:
The Reserve Bank of India (RBI) signed MoU with which country’s central bank to promote innovation in financial products?

1.UAE

2.France

3.Sri Lanka

4.Bangladesh


Question:
What is a country’s disparity between the exports and imports of goods and services called?

1.Budget Deficit

2. Current Account Deficit

3.Gross Domestic Product

4. Gross National Product


Question:
What is India’s Gross Domestic Product (GDP) percent in the April-June quarter of the current fiscal (2023-2024)?

1.5.8 per cent

2. 6.8 per cent

3.7.8 per cent

4.8.8 per cent


Question:
What is the GST collection in India in January 2023?

1. Rs 0.97 Lakh crore

2.Rs 1.21 Lakh crore

3.Rs 1.55 Lakh crore

4.Rs 2.01 Lakh crore


Question:
What is the name of the National Public Procurement Portal of India?

1.Government e-Market portal

2. Bharat e-Market portal

3.Namo e-Market portal

4. India e-Market portal


Question:
What is the new timeline for shares to be listed post-IPO closure?

1.Seven days

2. Five days

3.Three days

4.Two days


Question:
What is the position of India in the global ranking for direct selling, as per a study by WFDSA?

1.Second

2.Fourth

3.Seventh

4.Eleventh


Question:
What is the target for direct tax collection for 2023-24, as mentioned in the Budget 2023-24?

1.Rs 8.23 trillion

2.Rs 16.23 trillion

3.Rs 10.23 trillion

4.Rs 18.23 trillion


Question:
What is the Wholesale inflation recorded in India in July 2023?

1.(-)1.36%

2. (+)1.36%

3. (-)3.36%

4. (-)3.36%


Question:
Which automobile manufacturer has launched a registered vehicle scrapping facility (RVSF) in India?

1.Tata Motors

2.Mahindra Group

3.Maruti Suzuki

4.Hyundai Motors


Question:
Which bloc has recently adopted a roadmap on the regulation of crypto assets?

1. EU

2.G-20

3.ASEAN

4. G-7


Question:
Which company has introduced India’s first UPI-ATM in partnership with NPCI?

1.Hitachi

2.Paytm

3. Pine Labs

4.India1


Question:
Which company obtained first digital escrow regulatory fintech authorization from IFSCA?

1.PhonePe

2.Escrowpay

3.Groww

4.PayTm


Question:
Which country introduced new bank stress-test scenarios to examine the ability of the 23 biggest lenders?

1.India

2.USA

3.UK

4.China


Question:
Which country is India’s top destination for goods exports during April-Dec 2022?

1.Sri Lanka

2.USA

3.UAE

4.Singapore


Question:
Which country launched a pilot project in South Asia region for tax and financial crime investigation?

1.India

2.Sri Lanka

3.Japan

4.Bangladesh


Question:
Which department launched the ‘AIS for Taxpayer’ Mobile App?

1.Income Tax Department

2.Department of Expenditure

3.Department of Revenue

4.Department of Economic Affairs


Question:
Which Indian PSU has made significant progress in Forbes’ “The Global 2000” List for 2023 by ascending 52 places?

1.IOCL

2.NTPC

3.PFC

4.GAIL


Question:
Which institution announced a framework for acceptance of Green Deposits?

1.RBI

2.SEBI

3.NITI Aayog

4.NSE


Question:
Which institution announced a regulatory framework for Index Providers?

1.SEBI

2.RBI

3.NPCI

4.NASSCOM


Question:
Which institution conducts the ‘Inflation Expectations Survey of Households’?

1.NITI Aayog

2.Ministry of Finance

3.RBI

4.SEBI


Question:
Which institution constituted a working group on implementing RBI’s recommendations on “working of the Asset Reconstruction Companies (ARCs)”?

1.IRDAI

2.IBA

3.SBI

4.SEBI


Question:
Which institution developed the Unified payments interface (UPI) payment system?

1.Reserve Bank of India

2.National Payments Corporation of India

3. Securities Exchange Board of India

4.NITI Aayog


Question:
Which institution has mandated ‘penny drop’ verification for NPS fund withdrawal?

1.IRDAI

2.PFRDA

3.SEBI

4.RBI


Question:
Which institution has set up a panel to protect investor interest?

1.RBI

2.SEBI

3.Supreme Court

4. NITI Aayog


Question:
Which institution introduced a comprehensive testing framework for IT systems of stock exchanges?

1.RBI

2.SEBI

3.NITI Aayog

4.NASSCOM


Question:
Which institution is associated with ‘Surety Bonds’?

1.RBI

2.IRDAI

3.SEBI

4.NPCI


Question:
Which institution manages the unclaimed deposits in India?

1.SEBI

2.RBI

3.Ministry of Finance

4.BSE


Question:
Which institution released the report on ‘Report on Management of Foreign Exchange Reserves’?

1.RBI

2.SEBI

3.NHB

4.NPCI


Question:
Which institution released the ‘Spring 2023 Economic Forecast’?

1.World Bank

2. European Commission

3.WEF

4.IMF


Question:
Which institution releases the index number of wholesale price in India on monthly basis in India?

1.RBI

2.NSO

3.DPIIT

4.Ministry of Finance


Question:
Which institution releases the ‘Digital Payments Index’?

1.NITI Aayog

2.Ministry of Finance

3.RBI

4.NPCI


Question:
Which NBFC signed USD 125 million pact with ADB for financing rural and women borrowers?

1. L&T Finance

2.Muthoot Finance

3. Bajaj Finserv

4.Mahindra Finance


Question:
Which organisation forecasted the global growth in 2023 to be 2.7%?

1. World Bank

2.IMF

3.WEF

4.ADB


Question:
Which private bank launched a Global service account (GSA)?

1.Axis Bank

2.HDFC Bank

3.Kotak Mahindra Bank

4.ICICI Bank


Question:
Which public sector bank partnered with ‘Garuda Aerospace’ under the Kisan Pushpak Scheme?

1.Canara Bank

2. State Bank of India

3.Union Bank of India

4.Punjab National Bank


Question:
Which regulator has come out with a dispute resolution mechanism for Limited Purpose Clearing Corporation (LPCC)?

1.RBI

2.SEBI

3.IBBI

4.IRDAI


Question:
Who is the head of the RBI’s working group on internationalisation of the rupee.?

1.D Subbarao

2.Sakthikanta Das

3.Urjit Patel

4.Radha Shyam Ratho


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