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MCQOPTIONS
This section includes 1205 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 301. |
As part of its conversion to a flexicap fund, Aditya Birla Sun Life (ABSL) Mutual Fund has introduced a provision for up to how much percent investment in international stocks in its 12,000 crores odd equity fund? |
| A. | 20 |
| B. | 25 |
| C. | 30 |
| D. | 35 |
| E. | 40 |
| Answer» E. 40 | |
| 302. |
FASTags are now available on e-commerce platform ________. |
| A. | Amazon |
| B. | Flipkart |
| C. | Shopclues |
| D. | Snapdeal |
| E. | paytm |
| Answer» B. Flipkart | |
| 303. |
In January 2020, where has Tech Mahindra set up a Google Cloud Centre of Excellence (CoE) to drive the digital transformation of enterprises globally? |
| A. | Noida |
| B. | Pune |
| C. | Hyderabad |
| D. | New Delhi |
| E. | Chennai |
| Answer» D. New Delhi | |
| 304. |
In November 2020, the Union Government has decided to extend the interest-free festival advance of how many rupees to employees working in the autonomous bodies? |
| A. | 3,000 |
| B. | 5,000 |
| C. | 8,000 |
| D. | 10,000 |
| E. | 12,000 |
| Answer» E. 12,000 | |
| 305. |
In May 2020, the Union Finance Minister Nirmala Sitharaman has announced how much per cent interest subvention on loans given under MUDRA-Shishu? |
| A. | 1 |
| B. | 1.5 |
| C. | 2 |
| D. | 2.5 |
| E. | 3 |
| Answer» D. 2.5 | |
| 306. |
As per the World Gold Council, India has maintained the ________ position among countries in terms of yellow metal reserves in April 2019. |
| A. | 8th |
| B. | 9th |
| C. | 10th |
| D. | 11th |
| E. | 12th |
| Answer» D. 11th | |
| 307. |
How many schemes of Franklin Templeton Mutual Fund, which are under wind-up, received Rs 146 crores of interest payment from Vodafone Idea that was due on September 3, 2020? |
| A. | 3 |
| B. | 4 |
| C. | 5 |
| D. | 6 |
| E. | 7 |
| Answer» D. 6 | |
| 308. |
Examine the following statements:A. International Monetary Fund (IMF) IN ITS July (weo), Predicted India's growth rate to be 7.3% in 2018, and 7.5% in 2019.B. Organization for Economic Co-operation and Development (OECD) Development Centre projected GDP growth rate of India to be 7.4% in 2018-19 and 7.5% in 2019-20.C. The growth projection for India for 2018-19 by the Economic Survey released by the Indian government in January 2018 falls within the 7.0-7.5 percent range.Choose the correct answer: |
| A. | A and B only |
| B. | B and C only |
| C. | A and C only |
| D. | A, B and C |
| Answer» C. A and C only | |
| 309. |
In October 2020, which bank has revised interest rate range on fixed deposits (FD) from 2.50% to 5% on maturities with different tenures? |
| A. | Axis Bank |
| B. | Kotak Mahindra Bank |
| C. | IDBI Bank |
| D. | Canara Bank |
| E. | Andhra Bank |
| Answer» C. IDBI Bank | |
| 310. |
In November 2020, which of the following has laid down a fresh set of norms for increasing diligence on debt securities? |
| A. | NABARD |
| B. | RBI |
| C. | SIDBI |
| D. | SEBI |
| E. | NHB |
| Answer» E. NHB | |
| 311. |
According to a report published by which of the following organizations, Jeff Bezos sold around 739,000 shares in the first week of May 2021 under a pre-arranged trading plan? |
| A. | U.S. Federal Deposit Insurance Corporation |
| B. | U.S. Consumer Financial Protection Bureau |
| C. | U.S. Commodity Futures Trading Commission |
| D. | U.S. Securities and Exchange Commission |
| E. | U.S. Office of the Comptroller of the Currency |
| Answer» E. U.S. Office of the Comptroller of the Currency | |
| 312. |
List - 1 and List - 2 shows functions and web portals. Match the listList - IList - II (P) computerization of land records across the state (i) n-procure (q) process of property registration in Gujarat (ii) E-Dhara (r) To monitor both budgeted and nonbudgeted works of the R & B department (iii) Swagat (iv) gARVi (v) Rnbwms |
| A. | p - i, q - iii, r - v |
| B. | p - ii, q - iv, r - v |
| C. | p - ii, q - i, r - iv |
| D. | p - iii, q - ii, r - i |
| Answer» C. p - ii, q - i, r - iv | |
| 313. |
In March 2020, which of the following has slashed the key interest rate to virtually zero in response to the growing economic impact of the New Coronavirus? |
| A. | US Federal Reserve |
| B. | European Central Bank |
| C. | IMF |
| D. | Bank of Japan |
| E. | Bank of England |
| Answer» B. European Central Bank | |
| 314. |
In May 2020, the Delhi Government has increased Value-Added Tax on petrol from 27 per cent to how much per cent? |
| A. | 28 |
| B. | 29 |
| C. | 30 |
| D. | 31 |
| E. | 32 |
| Answer» D. 31 | |
| 315. |
In the year 2020-21, KVIC registered a gross annual turnover of how many crores, as compared to Rs. 88,887 crores turnover in 2019-20? |
| A. | 95,741.74 |
| B. | 80,458.56 |
| C. | 76,236.12 |
| D. | 67,349.34 |
| E. | 59,234.09 |
| Answer» B. 80,458.56 | |
| 316. |
According to Moody's forecast issued in September 2020, Indian economy's growth rate during fiscal year 2021-22 shall be ______. |
| A. | 8.8% |
| B. | 8.5% |
| C. | 9.8% |
| D. | 10.6% |
| Answer» E. | |
| 317. |
In December 2020, which of the following has partnered with Mahindra Insurance Brokers through Sajhedaari programme? |
| A. | ICICI Lombard |
| B. | SBI General Insurance |
| C. | HDFC ERGO General |
| D. | New India Assurance |
| E. | Bajaj Allianz General |
| Answer» C. HDFC ERGO General | |
| 318. |
Bharti Airtel Ltd has agreed to transfer to Reliance Jio Infocomm Ltd the right to use its spectrum in the 800MHz band for ₹1,037.6 crores. The airwaves will be transferred in how many zones? |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| E. | 6 |
| Answer» C. 4 | |
| 319. |
In October 2019 Bajaj Finance Ltd. surpassed SBI in terms of market capitalisation for the first time. Who is the current CEO of Bajaj Finance? |
| A. | Rajeev Jain |
| B. | Manu Sawhney |
| C. | Sandeep Bakhshi |
| D. | Amitabh Kant |
| E. | Renu Satti |
| Answer» B. Manu Sawhney | |
| 320. |
In November 2020, the National Payments Corporation of India has given its nod to which of the following to offer payments services via the Unified Payments Interface? |
| A. | WhatsApp Inc |
| B. | Mobikwik |
| C. | Freecharge |
| D. | PhonePe |
| E. | Amazon Pay |
| Answer» B. Mobikwik | |
| 321. |
IDFC Bank's name has been changed to 'IDFC First Bank Ltd' with effect from 12 January 2019 after its merger with _________. |
| A. | India Infoline Finance Limited |
| B. | STCI Primary Dealer Limited |
| C. | Ujjivan Financial Services Limited |
| D. | Capital First Limited |
| E. | Satin Creditcare Network Limited |
| Answer» E. Satin Creditcare Network Limited | |
| 322. |
Flipkart co-founder is all set to launch its first few mutual fund schemes in the next few months. Who is the co-founder of Flipkart? |
| A. | Nandan Nilekani |
| B. | Sachin Bansal |
| C. | Divya Gokulnath |
| D. | Vijay Shekhar Sharma |
| E. | Ritesh Agarwal |
| Answer» C. Divya Gokulnath | |
| 323. |
In December 2020, which of the following has launched a prepaid card in association with YES Bank to help the public and corporate houses with loans, insurance and CASA account through its channel partners? |
| A. | Tata Elxsi |
| B. | Ewire Softtech |
| C. | Zensar Technologies |
| D. | KPIT Technologies |
| E. | 3i Infotech Limited |
| Answer» C. Zensar Technologies | |
| 324. |
Analysts at Yes Securities have upgraded the rating of which bank from Add to Buy based on increased confidence around the deposits franchise and credit cost trajectory? |
| A. | HDFC Bank |
| B. | Kotak Mahindra Bank |
| C. | IndusInd Bank |
| D. | IDBI Bank |
| E. | Bank of India |
| Answer» D. IDBI Bank | |
| 325. |
In November 2020, which bank has launched the Current and Savings Account Campaign (CASA) for the current financial year (2020-21)? |
| A. | Kotak Mahindra Bank |
| B. | Karnataka Bank |
| C. | Indian Bank |
| D. | Bank of Baroda |
| E. | Lakshmi Vilas Bank |
| Answer» C. Indian Bank | |
| 326. |
NSE Data and Analytics, a wholly-owned subsidiary of leading stock exchange NSE, has invested in which of the following? |
| A. | Avaada Energy |
| B. | Capital Quants Solutions Ltd |
| C. | Genrobotic Innovations |
| D. | Stellapps Technology |
| E. | Pandorum Technology |
| Answer» C. Genrobotic Innovations | |
| 327. |
In February 2021, which of the following has announced a merger agreement with RMG Acquisition Corp. II (RMG II)? |
| A. | Azure Power |
| B. | Tata Power Solar Systems Limited, |
| C. | Hero Future Energies Limited |
| D. | ReNew Power Ventures Pvt. Lt |
| E. | Mahindra Susten Pvt. Ltd. |
| Answer» E. Mahindra Susten Pvt. Ltd. | |
| 328. |
In April 2020, the RBI has extended regulatory benefits to all banks under the SLF-MF scheme. What does 'S' stand for in SLF? |
| A. | Statutory |
| B. | Special |
| C. | Severe |
| D. | Service |
| E. | Social |
| Answer» C. Severe | |
| 329. |
Chipmaker Nvidia has agreed to buy which of the following from SoftBank in a deal worth $40 billion? |
| A. | Advanced Micro Devices |
| B. | NXP Semiconductors |
| C. | Arm Holdings |
| D. | MediaTek |
| E. | Freescale Semiconductor |
| Answer» D. MediaTek | |
| 330. |
Muthoot Finance has tied up with which of the following to offer COVID-19 insurance cover of up to Rs 1 lakh against a gold loan? |
| A. | Bharti Axa General Insurance |
| B. | Kotak Mahindra General Insurance |
| C. | Tata AIG General Insurance Company Limited |
| D. | Reliance General Insurance |
| E. | Oriental Insurance |
| Answer» C. Tata AIG General Insurance Company Limited | |
| 331. |
Merchant discount rate refers to ______ |
| A. | the total discount a merchant offers on online transactions |
| B. | the total discount a bank offers to the merchant for promoting online transactions |
| C. | only taxes that a digital payment entails |
| D. | the rate charged to a merchant for payment processing services on debit and credit card transactions |
| Answer» E. | |
| 332. |
India’s merchandise exports in April 2021 were USD 30.21 billion, an increase of 16.03% over USD 26.04 billion in which year? |
| A. | 2016 |
| B. | 2017 |
| C. | 2018 |
| D. | 2019 |
| E. | 2020 |
| Answer» E. 2020 | |
| 333. |
In May 2021, the RBI has imposed a monetary penalty of Rs 10 crore on which bank for violation of provisions under various sections of the Banking Regulation Act? |
| A. | Axis Bank |
| B. | HDFC Bank |
| C. | Canara Bank |
| D. | Citibank |
| E. | Punjab and Sind Bank |
| Answer» C. Canara Bank | |
| 334. |
In January 2019, Microsoft India launched a new e-commerce platform called 're-weave.in' under Project ReWeave to aid handloom weavers in Telangana. Which of the following is NOT a benefit of the e-commerce platform? |
| A. | It will showcase signature collections created by the weaver communities. |
| B. | It will decelerate the process of reviving traditional forgotten Indian art. |
| C. | It will help weavers increase their income and earn a sustainable livelihood. |
| D. | It will connect artisans to the buyers directly, enabling them to expand to newer customers and markets. |
| Answer» C. It will help weavers increase their income and earn a sustainable livelihood. | |
| 335. |
More than how many crores e-way bills have been generated in March which is the highest number of bills generated in any month during the last three years’ journey of the e-way billing system? |
| A. | 5 crores |
| B. | 6 crores |
| C. | 7 crores |
| D. | 8 crores |
| E. | 9 crores |
| Answer» D. 8 crores | |
| 336. |
Indian Bank will divest stake in joint venture entity ASREC (India) Ltd as part of asset monetisation exercise. The bank holds how much per cent stake in ASREC (India) Ltd? |
| A. | 18.26 |
| B. | 28.26 |
| C. | 38.26 |
| D. | 48.26 |
| E. | 58.26 |
| Answer» D. 48.26 | |
| 337. |
In April 2021, the Insurance Regulatory and Development Authority of India (Irdai) has allowed insurers to invest in debt securities issued by which of the following? |
| A. | Infrastructure investment trusts |
| B. | Real estate investment trusts |
| C. | Master limited partnership |
| D. | Both 1 and 2 |
| E. | Both 1 and 3 |
| Answer» E. Both 1 and 3 | |
| 338. |
India’s anti-money laundering agency has fined Standard Chartered Plc with how much money? |
| A. | 1.5 billion rupees |
| B. | 2 billion rupees |
| C. | 1 billion rupees |
| D. | 1.7 billion rupees |
| E. | 1.8 billion rupees |
| Answer» D. 1.7 billion rupees | |
| 339. |
In September 2019, Finance Minister Nirmala Sitharaman announced that Public Sector Banks will organise ‘loan melas’ in ________ districts. |
| A. | 100 |
| B. | 200 |
| C. | 300 |
| D. | 400 |
| E. | 500 |
| Answer» E. 500 | |
| 340. |
In December 2020, which of the following has completed its primary fundraise worth $660 million, giving the company a valuation of $3.9 billion? |
| A. | Swiggy |
| B. | Pizza Hut |
| C. | Talabat |
| D. | Zomato |
| E. | Foodpanda |
| Answer» E. Foodpanda | |
| 341. |
Invesco Mutual Fund has launched its new fund Invesco India - Invesco Global Consumer Trends Fund of Fund. The fund will invest how much per cent of its assets in shares of Invesco Global Consumer Trends Fund? |
| A. | 95% - 100% |
| B. | 90% - 95% |
| C. | 85% - 90% |
| D. | 80% - 85% |
| E. | 75% - 80% |
| Answer» B. 90% - 95% | |
| 342. |
PAG Group, one of the largest private investment firms in Asia, has invested Rs 2,366 crore in which of the following in March 2021? |
| A. | Kotak Wealth Management |
| B. | Edelweiss Wealth Management |
| C. | IIFL Wealth |
| D. | Greenleaf Companies Private Limited |
| E. | VSRK Wealth Creator Pvt. Ltd. |
| Answer» C. IIFL Wealth | |
| 343. |
In April 2020, which bank has launched voice assistance-based banking services for its customers? |
| A. | Yes Bank |
| B. | HDFC Bank |
| C. | Axis Bank |
| D. | ICICI Bank |
| E. | Bank of Baroda |
| Answer» E. Bank of Baroda | |
| 344. |
In June 2021, which of the following has announced the launch of Index Fund? |
| A. | Mirae Asset Large Cap Fund |
| B. | Navi Mutual Fund |
| C. | HDFC Mutual Fund |
| D. | Ujjivan Financial Services Limited |
| E. | Axis Mutual Fund |
| Answer» C. HDFC Mutual Fund | |
| 345. |
IDBI Bank announced a reduction of 0.10 percentage point in its one-year MCLR to ________% in August 2019. |
| A. | 8.15 |
| B. | 8.35 |
| C. | 8.65 |
| D. | 8.95 |
| E. | 9.05 |
| Answer» E. 9.05 | |
| 346. |
Apple Inc. will manufacture Made-In-India iPhone 12 soon. iPhone 12 will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in which state? |
| A. | Kerala |
| B. | Karnataka |
| C. | Tamil Nadu |
| D. | Maharashtra |
| E. | Gujarat |
| Answer» D. Maharashtra | |
| 347. |
Google will make a $450 million investment in which of the following firms? |
| A. | Vivint |
| B. | Brink's Inc |
| C. | ADT |
| D. | Prosegur |
| E. | Ring |
| Answer» D. Prosegur | |
| 348. |
In May 2021, the construction arm of which of the following has bagged an up to ₹5,000 crore contract from Chennai Metro Rail Corporation? |
| A. | Adani Group |
| B. | Larsen and Toubro |
| C. | KEC International |
| D. | Tata Housing Development Company |
| E. | DLF |
| Answer» C. KEC International | |
| 349. |
In March 2021, the Board of Directors of Aditya Birla Capital Limited at a meeting has provided its in-principle approval to explore an initial public offering of which of the following? |
| A. | Aditya Birla Money Ltd. |
| B. | Aditya Birla Sun Life AMC Limited |
| C. | Aditya Birla Fashion & Retail Limited |
| D. | Aditya Birla Sun Life Insurance Company |
| E. | Aditya Birla Capital Ltd. |
| Answer» C. Aditya Birla Fashion & Retail Limited | |
| 350. |
In January 2021, which of the following has crossed ₹2 trillion in market valuation after the stock surged nearly 20% in the last three weeks? |
| A. | Avenue Supermarts Ltd |
| B. | Reliance Industries |
| C. | Aditya Birla Retail Limited |
| D. | Future Retail |
| E. | Nature's Basket |
| Answer» B. Reliance Industries | |