1205 + Mcqs in Business and Economy Page 13 McqOptions

601.	Bank of Baroda announced the launch of banking services on WhatsApp for customers and non-customers of the bank. Where is the bank headquartered?
A.	Mumbai
B.	Vadodara
C.	Pune
D.	Delhi
E.	Patna
Answer» C. Pune

Discussion

602.	ITC has sold its John Players apparel brand and related trademarks and intellectual property to ________ in 2019.
A.	Reliance Retail
B.	Pantaloons Retail
C.	Provogue India Ltd.
D.	Lifestyle International Pvt Ltd
E.	Future Group
Answer» B. Pantaloons Retail

Discussion

603.	Finance Ministry has extended the due date for furnishing the annual returns GSTR-9 and GSTR-9C for the financial year 2019-20 to which date?
A.	15 March 2021
B.	31 March 2021
C.	10 April 2021
D.	20 April 2021
E.	30 April 2021
Answer» C. 10 April 2021

Discussion

604.	In June 2021, which of the following has released a Consultative Document on Regulation of Microfinance?
A.	NABARD
B.	RBI
C.	SIDBI
D.	SEBI
E.	IRDAI
Answer» C. SIDBI

Discussion

605.	Dunzo Digital Private Ltd. is a delivery startup backed by which of the following companies?
A.	Microsoft
B.	IBM
C.	Adobe
D.	Google
E.	HP
Answer» E. HP

Discussion

606.	As per the Ministry of Statistics and Programme Implementation data, Retail inflation rose to how much per cent in May 2021?
A.	5.7
B.	5.9
C.	6.1
D.	6.3
E.	6.5
Answer» E. 6.5

Discussion

607.	As per the provisional government data, Crude oil throughput in February dropped how much percent year-on-year to 4.87 million barrels per day (18.62 million tonnes)?
A.	7.2
B.	7.6
C.	8.0
D.	8.8
E.	9.2
Answer» E. 9.2

Discussion

608.	In which state has the merger of all the co-operative banks been approved by the RBI to form a single bank?
A.	Karnataka
B.	Kerala
C.	Andhra Pradesh
D.	Telangana
E.	Madhya Pradesh
Answer» C. Andhra Pradesh

Discussion

609.	On 20 March 2019, which bank said that it will raise up to ₹250 crore by issuing Basel III-compliant bonds bearing face value of ₹1 lakh each?
A.	Andhra Bank
B.	South Indian Bank
C.	Karnataka Bank
D.	Bank of India
E.	Dena Bank
Answer» C. Karnataka Bank

Discussion

610.	Bombardier Transport India has bagged a contract for the supply of how many trains of three cars each for Kanpur and Agra Metro projects?
A.	45
B.	53
C.	59
D.	67
E.	73
Answer» E. 73

Discussion

611.	Ministry of Ports, Shipping and Waterways has given approval for sanction of how many rupees (in crores) for developing ROPAX Jetty and allied infrastructure connecting Odisha under the Sagarmala initiative?
A.	30.90
B.	40.10
C.	45.20
D.	50.30
E.	55.40
Answer» E. 55.40

Discussion

612.	In December 2020, which bank announced the introduction of fitness allowance and remote working benefits?
A.	Kotak Mahindra Bank
B.	HDFC Bank
C.	IndusInd Bank
D.	Punjab National Bank
E.	Union Bank of India
Answer» B. HDFC Bank

Discussion

613.	Indicate the vital change in the measurement of National Income of India recently.
A.	Base year has been changed from 2004-05 to 2011-12.
B.	Calculation has changed from factor cost to market prices
C.	Calculation has changed from current prices to constant prices.
D.	Both the base year and calculation method have changed.
Answer» B. Calculation has changed from factor cost to market prices

Discussion

614.	In November 2020, which of the following has tied up with NSDL Payments Bank Limited to offer a range of general insurance products to the bank's customers?
A.	ICICI Lombard General Insurance Company Limited
B.	Tata AIG General Insurance Company Limited
C.	HDFC ERGO General Insurance Company
D.	Max Bupa Health Insurance Company Limited
E.	IFFCO Tokio General Insurance Company Limited
Answer» D. Max Bupa Health Insurance Company Limited

Discussion

615.	In March 2020, the RBI placed in public domain a draft scheme of reconstruction for Yes Bank. Which bank has expressed its willingness to make investment in Yes Bank and participate in its reconstruction scheme?
A.	Axis Bank
B.	Allahabad Bank
C.	SBI
D.	Punjab National Bank
E.	Bank of Baroda
Answer» D. Punjab National Bank

Discussion

616.	Government has announced a major initiative to allow the PSUs to first clear the goods imported by them through Customs and then pay Customs duty later, within how many days?
A.	7
B.	10
C.	14
D.	16
E.	20
Answer» D. 16

Discussion

617.	ldentify the mobile app launched by the Government of India for tracking COVID 19.
A.	PharmEasy
B.	Aarogya Setu
C.	Covid Monitor App
D.	Corona Kavach
Answer» C. Covid Monitor App

Discussion

618.	In November 2020, which bank has announced a reduction in its retail prime lending rate (RPLR) on housing loans, on which its adjustable-rate home loans (ARHL) are benchmarked, by 10 basis points?
A.	Axis Bank
B.	HDFC Bank
C.	SBI
D.	PNB
E.	Yes Bank
Answer» C. SBI

Discussion

619.	Joint-stock companies are audited so that -i. Increase profitsii. Increase reputationiii. Shareholders should be satisfied.iv. Legal requirement is met
A.	Only ii and iii
B.	Only iv
C.	i and iv
D.	Only iii
Answer» E.

Discussion

620.	In March 2020, the RBI cut repo rate by ________ basis points cut, bringing it down to 4.4 per cent.
A.	100
B.	75
C.	50
D.	25
E.	10
Answer» C. 50

Discussion

621.	In the Railway budget 2014-15, the government has announced the first bullet train for which corridor?
A.	Delhi-Agra
B.	Mumbai-Ahmedabad
C.	Delhi- Kanpur
D.	Delhi-Kolkata
Answer» C. Delhi- Kanpur

Discussion

622.	How much fine was imposed by SEBI on 7 companies for indulging in fraudulent trading in the illiquid stock options segment on the BSE?
A.	Rs 40.5 lakh
B.	Rs 42.5 lakh
C.	Rs 35.8 lakh
D.	Rs 50.5 lakh
E.	Rs 46.5 lakh
Answer» B. Rs 42.5 lakh

Discussion

623.	In 2014, India sent 200 tonnes of drinking water to _____ through Indian Air Force aircraft (IAF) and naval warship.A. MauritiusB. MaldivesC. TaiwanD. South Korea
A.	D
B.	B
C.	C
D.	A
Answer» C. C

Discussion

624.	Board of Control for Cricket in India (BCCI) will contribute Rs ________ crore to PM-CARES Fund.
A.	21
B.	32
C.	45
D.	51
E.	60
Answer» E. 60

Discussion

625.	India, Israel and the UAE's trilateral trade could reach USD 110 billion by which year?
A.	2025
B.	2028
C.	2030
D.	2032
E.	2035
Answer» D. 2032

Discussion

626.	In January 2020, which of the following has launched UPI-powered payments service and has started offering the feature to its subscribers?
A.	Bharti Airtel
B.	Vodafone Idea
C.	Reliance Jio
D.	BSNL
E.	Xiaomi
Answer» D. BSNL

Discussion

627.	On which company did US regulators formalized a record 5 billion US Dollar fine for violation of users' privacy?
A.	Twitter
B.	Hike
C.	Facebook
D.	Instagram
E.	Snapchat
Answer» D. Instagram

Discussion

628.	India aims to achieve the 5 trillion dollar economy by
A.	2022
B.	2024
C.	2026
D.	2030
Answer» C. 2026

Discussion

629.	In the last ten years, FDI inflows are highest in which sector of India?
A.	Services
B.	food processing
C.	Telecommunications
D.	Pesticides
Answer» B. food processing

Discussion

630.	ECL Finance and ________ signed an agreement in June 2019 to form a strategic partnership to explore co-lending opportunities.
A.	Bank of Baroda
B.	State Bank of India
C.	HDFC Bank
D.	Punjab National Bank
E.	IDBI Bank
Answer» B. State Bank of India

Discussion

631.	Paytm Payments Bank has turned profitable within its second year of operations, posting a ₹________ crore profit for the financial year 2018-19.
A.	8
B.	11
C.	15
D.	19
E.	21
Answer» E. 21

Discussion

632.	Big Bazaar, one of the leading hypermarket chain in India, is planning to open how many new stores over the next three quarters?
A.	10
B.	16
C.	22
D.	28
E.	34
Answer» C. 22

Discussion

633.	In December 2019, Infosys has announced the launch of how many blockchain-powered distributed applications?
A.	2
B.	3
C.	4
D.	5
E.	6
Answer» C. 4

Discussion

634.	In March 2021, the government has received Rs 747 crore from share buyback by oil GAIL. Government holding in the company stands at how much per cent?
A.	31.24
B.	41.35
C.	51.45
D.	61.55
E.	71.64
Answer» D. 61.55

Discussion

635.	In September 2020, which of the following become India's 10th most valued firm by market capitalisation on BSE?
A.	Hindustan Unilever Ltd
B.	Infosys Ltd
C.	HCL Technologies Ltd
D.	ITC Ltd
E.	Bharti Airtel Ltd
Answer» D. ITC Ltd

Discussion

636.	In April 2021, American chipmaker Qualcomm’s investment arm, Qualcomm Ventures, has made an equity investment in which of the following Indian audio accessory manufacturers?
A.	boAt
B.	MuveAcoustics
C.	CallMate
D.	MiVi
E.	Evidson
Answer» B. MuveAcoustics

Discussion

637.	In recent times which bank has been taken out from PCA network by RBI subject to certain conditions and continuous monitoring?
A.	Indian Overseas Bank
B.	Central Bank of India
C.	IDBI bank
D.	UCO Bank
E.	None of these
Answer» D. UCO Bank

Discussion

638.	In February 2021, the Union Finance Ministry has disbursed a GST share of 11,519 crore rupees to which state?
A.	Maharashtra
B.	Gujarat
C.	Karnataka
D.	Punjab
E.	Odisha
Answer» B. Gujarat

Discussion

639.	Nidec Corp will spend 200 billion yen ($1.9 billion) on a new plant in which country to build motors for electric vehicles as it seeks to win more business from automakers turning away from internal combustion engines?
A.	Croatia
B.	Italy
C.	France
D.	Serbia
E.	Spain
Answer» E. Spain

Discussion

640.	Insurance Regulatory and Development Authority (IRDAI) imposed a fine of Rs. _______ on United India Insurance Co (UIIC) Ltd for violating certain procedures.
A.	5 lakhs
B.	9 Lakhs
C.	2 lakhs
D.	10 Lakhs
E.	25 Lakhs
Answer» C. 2 lakhs

Discussion

641.	How many rupees (in crores) have been allocated to provide easy loans for the Micro, Small and Medium Enterprises by the Union Government?
A.	2 lakh
B.	3 lakh
C.	4 lakh
D.	5 lakh
E.	6 lakh
Answer» C. 4 lakh

Discussion

642.	In February 2021, Kotak Mahindra Bank has revised the interest rate on fixed deposits (FD). Its interest rates range from 2.50% to how much percent on maturities with different tenures?
A.	5.00
B.	5.25
C.	5.50
D.	5.75
E.	6.00
Answer» C. 5.50

Discussion

643.	Finance Minister Nirmala Sitharaman chaired which GST Council meeting in New Delhi on 5 October 2020?
A.	40th
B.	41st
C.	42nd
D.	43rd
E.	44th
Answer» D. 43rd

Discussion

644.	German technology firm SAP SE would invest how many rupees (in crores) in India to localize and offer customers the flexibility of a multi-cloud environment?
A.	200
B.	300
C.	400
D.	500
E.	600
Answer» E. 600

Discussion

645.	India’s pay-TV industry is projected to grow at a compound annual growth rate of how much per cent between 2020-25?
A.	6
B.	7
C.	8
D.	9
E.	10
Answer» C. 8

Discussion

646.	India’s government has set aside about how many billion rupees to vaccinate the world’s most populous country after China against the coronavirus?
A.	300
B.	400
C.	500
D.	600
E.	700
Answer» D. 600

Discussion

647.	GST Revenue collection for March 2021 has set a new record with the highest-ever collection of how many crore rupees?
A.	1,00,209
B.	1,11,405
C.	1,23,902
D.	1,32,001
E.	1,43,122
Answer» D. 1,32,001

Discussion

648.	In June 2020, which bank has launched a health insurance policy to cover the uncertainties posed by the COVID-19 pandemic?
A.	Canara Bank
B.	Union Bank of India
C.	Karnataka Bank
D.	Bandhan Bank
E.	Andhra Bank
Answer» D. Bandhan Bank

Discussion

649.	In December 2020, which of the following has acquired student assessment startup QuizNext for an undisclosed amount?
A.	Unacademy
B.	Toppr
C.	Lead School
D.	Next Education
E.	Meritnation
Answer» D. Next Education

Discussion

650.	International Financial Services Centres Authority (IFSCA) (Banking) Regulations 2020 have been recently approved. Where are the headquarters of IFSCA?
A.	Mumbai
B.	New Delhi
C.	Bangalore
D.	Gandhinagar
E.	Bhopal
Answer» E. Bhopal

Discussion

Explore topic-wise MCQs in Current Affairs.

Bank of Baroda announced the launch of banking services on WhatsApp for customers and non-customers of the bank. Where is the bank headquartered?

ITC has sold its John Players apparel brand and related trademarks and intellectual property to ________ in 2019.

Finance Ministry has extended the due date for furnishing the annual returns GSTR-9 and GSTR-9C for the financial year 2019-20 to which date?

In June 2021, which of the following has released a Consultative Document on Regulation of Microfinance?

Dunzo Digital Private Ltd. is a delivery startup backed by which of the following companies?

As per the Ministry of Statistics and Programme Implementation data, Retail inflation rose to how much per cent in May 2021?

As per the provisional government data, Crude oil throughput in February dropped how much percent year-on-year to 4.87 million barrels per day (18.62 million tonnes)?

In which state has the merger of all the co-operative banks been approved by the RBI to form a single bank?

On 20 March 2019, which bank said that it will raise up to ₹250 crore by issuing Basel III-compliant bonds bearing face value of ₹1 lakh each?

Bombardier Transport India has bagged a contract for the supply of how many trains of three cars each for Kanpur and Agra Metro projects?

Ministry of Ports, Shipping and Waterways has given approval for sanction of how many rupees (in crores) for developing ROPAX Jetty and allied infrastructure connecting Odisha under the Sagarmala initiative?

In December 2020, which bank announced the introduction of fitness allowance and remote working benefits?

Indicate the vital change in the measurement of National Income of India recently.

In November 2020, which of the following has tied up with NSDL Payments Bank Limited to offer a range of general insurance products to the bank's customers?

In March 2020, the RBI placed in public domain a draft scheme of reconstruction for Yes Bank. Which bank has expressed its willingness to make investment in Yes Bank and participate in its reconstruction scheme?

Government has announced a major initiative to allow the PSUs to first clear the goods imported by them through Customs and then pay Customs duty later, within how many days?

ldentify the mobile app launched by the Government of India for tracking COVID 19.

In November 2020, which bank has announced a reduction in its retail prime lending rate (RPLR) on housing loans, on which its adjustable-rate home loans (ARHL) are benchmarked, by 10 basis points?

Joint-stock companies are audited so that -i. Increase profitsii. Increase reputationiii. Shareholders should be satisfied.iv. Legal requirement is met

In March 2020, the RBI cut repo rate by ________ basis points cut, bringing it down to 4.4 per cent.

In the Railway budget 2014-15, the government has announced the first bullet train for which corridor?

How much fine was imposed by SEBI on 7 companies for indulging in fraudulent trading in the illiquid stock options segment on the BSE?

In 2014, India sent 200 tonnes of drinking water to _____ through Indian Air Force aircraft (IAF) and naval warship.A. MauritiusB. MaldivesC. TaiwanD. South Korea

Board of Control for Cricket in India (BCCI) will contribute Rs ________ crore to PM-CARES Fund.

India, Israel and the UAE's trilateral trade could reach USD 110 billion by which year?

In January 2020, which of the following has launched UPI-powered payments service and has started offering the feature to its subscribers?

On which company did US regulators formalized a record 5 billion US Dollar fine for violation of users' privacy?

India aims to achieve the 5 trillion dollar economy by

In the last ten years, FDI inflows are highest in which sector of India?

ECL Finance and ________ signed an agreement in June 2019 to form a strategic partnership to explore co-lending opportunities.

Paytm Payments Bank has turned profitable within its second year of operations, posting a ₹________ crore profit for the financial year 2018-19.

Big Bazaar, one of the leading hypermarket chain in India, is planning to open how many new stores over the next three quarters?

In December 2019, Infosys has announced the launch of how many blockchain-powered distributed applications?

In March 2021, the government has received Rs 747 crore from share buyback by oil GAIL. Government holding in the company stands at how much per cent?

In September 2020, which of the following become India's 10th most valued firm by market capitalisation on BSE?

In April 2021, American chipmaker Qualcomm’s investment arm, Qualcomm Ventures, has made an equity investment in which of the following Indian audio accessory manufacturers?

In recent times which bank has been taken out from PCA network by RBI subject to certain conditions and continuous monitoring?

In February 2021, the Union Finance Ministry has disbursed a GST share of 11,519 crore rupees to which state?

Nidec Corp will spend 200 billion yen ($1.9 billion) on a new plant in which country to build motors for electric vehicles as it seeks to win more business from automakers turning away from internal combustion engines?

Insurance Regulatory and Development Authority (IRDAI) imposed a fine of Rs. _______ on United India Insurance Co (UIIC) Ltd for violating certain procedures.

How many rupees (in crores) have been allocated to provide easy loans for the Micro, Small and Medium Enterprises by the Union Government?

In February 2021, Kotak Mahindra Bank has revised the interest rate on fixed deposits (FD). Its interest rates range from 2.50% to how much percent on maturities with different tenures?

Finance Minister Nirmala Sitharaman chaired which GST Council meeting in New Delhi on 5 October 2020?

German technology firm SAP SE would invest how many rupees (in crores) in India to localize and offer customers the flexibility of a multi-cloud environment?

India’s pay-TV industry is projected to grow at a compound annual growth rate of how much per cent between 2020-25?

India’s government has set aside about how many billion rupees to vaccinate the world’s most populous country after China against the coronavirus?

GST Revenue collection for March 2021 has set a new record with the highest-ever collection of how many crore rupees?

In June 2020, which bank has launched a health insurance policy to cover the uncertainties posed by the COVID-19 pandemic?

In December 2020, which of the following has acquired student assessment startup QuizNext for an undisclosed amount?

International Financial Services Centres Authority (IFSCA) (Banking) Regulations 2020 have been recently approved. Where are the headquarters of IFSCA?