Current affairs/Business, Economy Sample Test,Sample questions

Question:
A working group of IRDAI has proposed to reintroduce ILIP. What is its expansion?

1.Interest- linked Insurance Policy

2.Inflation- linked Insurance Policy

3.Index- linked Insurance Policy

4.Investment- linked Insurance Policy

Posted Date:-2021-06-17 11:27:18


Question:
According to latest government data, India is set to harvest a record production of 106.21 million tonne of which rabi crop, in 2019-20?

1.Barley

2.Mustard

3.Wheat

4.Sesame

Posted Date:-2021-06-17 11:27:18


Question:
As per a recent survey conducted by CII and Ernst & Young, which country is the top destination of investors?

1.China

2.India

3.United States

4.Mauritius

Posted Date:-2021-06-17 11:27:18


Question:
As per the recent data from NPCI, which mode of payment clocked 1.62 billion transactions in August 2020?

1.UPI

2.IMPS

3.AePS

4.FASTag

Posted Date:-2021-06-17 11:27:18


Question:
As per UN which country has become the world’s top destination for new foreign direct investment last year?

1.India

2.Japan

3.South Korea

4.China

Posted Date:-2021-06-17 11:27:18


Question:
At what rate, the Funds sent abroad would be subjected to Tax Collection at Source (TCS), from October 1, 2020.

1.2%

2.5%

3.10%

4.20%

Posted Date:-2021-06-17 11:27:18


Question:
Department of Investment and Public Asset Management has signed an agreement with which organisation, for advisory services?

1.International Monetary Fund

2.World Economic Forum

3.World Bank

4.Asian Development Bank

Posted Date:-2021-06-17 11:27:18


Question:
Depository-Institutions Repo Rate or DR Rate is the benchmark policy rate of which country?

1.UK

2.USA

3.China

4.India

Posted Date:-2021-06-17 11:27:18


Question:
Food aggregator company Swiggy has partnered with which bank to launch its own digital wallet?

1.HDFC Bank

2.State Bank of India

3.ICICI Bank

4.Axis Bank

Posted Date:-2021-06-17 11:27:18


Question:
For the FY 2019-20, which sea food was the largest product to be exported from India?

1.Prawn

2.Shrimp

3.Tuna

4.Crab

Posted Date:-2021-06-17 11:27:18


Question:
For the FY 2019-20, which sea food was the largest product to be exported from India?

1.Prawn

2.Shrimp

3.Tuna

4.Crab

Posted Date:-2021-06-17 11:27:18


Question:
Hyundai partnered with which ride-sharing company to develop electric air taxis?

1.Didi

2.Uber

3.Lyft

4.Grab

Posted Date:-2021-06-17 11:27:18


Question:
India became the second largest source of Foreign Direct Investment of which country in 2019?

1.United Arab Emirates

2.Australia

3.United Kingdom

4.Singapore

Posted Date:-2021-06-17 11:27:18


Question:
Micro Irrigation Fund (MIF), which was seen in the news recently, is created with which organisation?

1.NABARD

2.RBI

3.SEBI

4.FCI

Posted Date:-2021-06-17 11:27:18


Question:
National Stock Exchange has developed Platform for Investor Education (PIE) along with which institution?

1.Indian Institute of Technology Bombay

2.Indian Institute of Management Bangalore

3.Xavier Labour Research Institute

4.National Institute of Industrial Engineering

Posted Date:-2021-06-17 11:27:18


Question:
RBI has appointed an external firm to audit HDFC Bank under the provisions of which act?

1.RBI Act

2.Banking Regulation Act

3.Negotiable Instruments Act

4.Information Technology Act

Posted Date:-2021-06-17 11:27:18


Question:
State Bank of India (SBI) has provided USD 16.20 million for local businesses in which country?

1.Sri Lanka

2.Maldives

3.Mauritius

4.Myanmar

Posted Date:-2021-06-17 11:27:18


Question:
The deadline for filing GST annual return for 2018-19 has been extended till which date, as per the announcement made in October 2020?

1.31st October, 2020

2.31st December, 2020

3.31st March, 2020

4.1st June, 2020

Posted Date:-2021-06-17 11:27:18


Question:
The Economist Intelligence Unit has lowered its global growth forecast for 2020 to 2.2%, following which global occurrence?

1.Trade war

2.Virus Outbreak

3.Political instability

4.Environmental concerns

Posted Date:-2021-06-17 11:27:18


Question:
The Union Cabinet of India recently approved amendments to bring which category of banks under the regulation of Reserve Bank of India?

1.Multi-state cooperative banks

2.Land Development Banks

3.Primary agricultural societies

4.Nidhi companies

Posted Date:-2021-06-17 11:27:18


Question:
What is the cap imposed by the government on the incentives under Merchandise Export from India Scheme (MEIS)?

1.Rs.50 lakh

2.Rs.1 crore

3.Rs.2 crores

4.Rs.5 crores

Posted Date:-2021-06-17 11:27:18


Question:
What is the corpus of foreign investment attracted by India during Covid lockdown, as stated by the Prime Minister in India Ideas summit?

1.USD 5 billion

2.USD 10 billion

3.USD 20 billion

4.USD 50 billion

Posted Date:-2021-06-17 11:27:18


Question:
What is the limit of annual turnover, to file GST under the new Quarterly Return filing & Monthly Payment of Taxes (QRMP) scheme?

1.Rs 1 crore

2.Rs 2 crore

3.Rs 5 crore

4.Rs 10 crore

Posted Date:-2021-06-17 11:27:18


Question:
What is the modified deadline for filing income tax returns, as announced by the Union Government after July 31?

1.Aug-31

2.Sep-30

3.Oct-31

4.Dec-31

Posted Date:-2021-06-17 11:27:18


Question:
What is the new limit of Foreign Direct Investment in the DTH service, as of December 2020?

1.20%

2.49%

3.74%

4.100%

Posted Date:-2021-06-17 11:27:18


Question:
What per cent of the capital expenditure target of CPSEs should be met before December 2020?

1.25%

2.50%

3.75%

4.80%

Posted Date:-2021-06-17 11:27:18


Question:
What will be the effective contribution by the employees and employers to the Employees Provident Fund (EPF) from August 2020?

1.25%

2.24%

3.20%

4.18%

Posted Date:-2021-06-17 11:27:18


Question:
Which aircraft carrier launched freighter services to assist shrimp farmers?

1.Alliance Air

2.IndiGo

3.SpiceJet

4.Vistara

Posted Date:-2021-06-17 11:27:18


Question:
Which bank has recently announced the Residential Builder Finance with Buyer Guarantee (RBBG) scheme?

1.National Housing Bank

2.State Bank of India

3.ICICI Bank

4.Corporation Bank

Posted Date:-2021-06-17 11:27:18


Question:
Which bank has recently become the largest issuer of FASTags, at three million FASTags?

1.State Bank of India

2.State Bank of India

3.Paytm Payment Bank

4.ICICI Bank

Posted Date:-2021-06-17 11:27:18


Question:
Which bank has topped the list of the MeitYs Digital Payment Scorecard for 3 consecutive months?

1.Punjab National Bank

2.State Bank of India

3.Bank of Baroda

4.HDFC Bank

Posted Date:-2021-06-17 11:27:18


Question:
Which bank in India has linked a deal for borrowing linked to SOFR (Secured Overnight Financing Rate)?

1.Indian Bank

2.PNB

3.SBI

4.Bank of Baroda

Posted Date:-2021-06-17 11:27:18


Question:
Which fin tech company launched a UPI payment link service that allows transactions from any payment app?

1.PhonePe

2.MobiKwik

3.BharatPe

4.Freecharge

Posted Date:-2021-06-17 11:27:18


Question:
Which financial institution has issued guidelines for Product labelling in Mutual Funds?

1.RBI

2.SEBI

3.IRDAI

4.PFRDA

Posted Date:-2021-06-17 11:27:18


Question:
Which Indian Public sector bank recently signed an MoU with Care Ratings to assess credit quality of its small and medium enterprises (SME) customers?

1.State Bank of India

2.Bank of Baroda

3.Union Bank of India

4.Bank of India

Posted Date:-2021-06-17 11:27:18


Question:
Which institution can sanction the amalgamation of District Central Co-operative Banks (DCCBs) with State Cooperative Banks (StCBs)?

1.RBI

2.NABARD

3.Finance Ministry

4.State Government

Posted Date:-2021-06-17 11:27:18


Question:
Which international financial organization has approved USD 1 billion loan for Delhi-Meerut regional rapid transit system?

1.Asian Development Bank

2.New Development Bank

3.International Monetary Fund

4.Asian Infrastructure Investment Bank

Posted Date:-2021-06-17 11:27:18


Question:
Which major technology firm recently became the fourth US company to touch $1 trillion valuation?

1.IBM

2.Samsung

3.Alphabet

4.Facebook

Posted Date:-2021-06-17 11:27:18


Question:
Which manufacturing group has proposed to set up ?5,000 crore Phone component manufacturing unit in Tamil Nadu

1.Tata Electronics

2.TCS

3.Infotel

4.Lenovo

Posted Date:-2021-06-17 11:27:18


Question:
Which organisation announced that the global trade would contract by 7 to 9 per cent in 2019?

1.World Bank

2.World Trade Organisation

3.UNCTAD

4.World Tourism Organisation

Posted Date:-2021-06-17 11:27:18


Question:
Which payment major announced that it would add cryptocurrency to its network?

1.Pay Pal

2.Mastercard

3.VISA

4.Maestro

Posted Date:-2021-06-17 11:27:18


Question:
Which public sector unit is set to invest Rs.1.22 lakh crore by 2023-24, to achieve 1 billion tonnes of fuel output?

1.Coal India

2.ONGC

3.NHPC

4.NTPC

Posted Date:-2021-06-17 11:27:18


Question:
Which regulator in India has formed a committee to relook its information and security guidelines?

1.RBI

2.NABARD

3.SEBI

4.IRDAI

Posted Date:-2021-06-17 11:27:18


Question:
Which Technology company is set to acquire US-based product design firm, Kaleidoscope Innovation?

1.Infosys

2.Amazon

3.Accenture

4.Tata Consultancy Services

Posted Date:-2021-06-17 11:27:18


Question:
Which Union Ministry announces the Index of Industrial Production (IIP)?

1.Ministry of Statistics and Programme Implementation

2.Ministry of Finance

3.Ministry of Corporate Affairs

4.Ministry of Heavy Industries

Posted Date:-2021-06-17 11:27:18


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