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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.
| 451. |
In November 2020, in a bid to strengthen the capital base, the union government has provided how many rupees (in crores) to Regional Rural Banks (RRBs) considering their importance in agriculture finance during these difficult times? |
| A. | 480 |
| B. | 590 |
| C. | 670 |
| D. | 750 |
| E. | 830 |
| Answer» D. 750 | |
| 452. |
In October 2020, which bank has raised ₹5,000 crores by issuing Basel-III compliant bonds? |
| A. | PNB |
| B. | Yes Bank |
| C. | SBI |
| D. | Axis Bank |
| E. | ICICI Bank |
| Answer» D. Axis Bank | |
| 453. |
According to the data of the commerce ministry, in 2019-20, the bilateral trade between the US and India stood at how many USD (in billions)? |
| A. | 84.26 |
| B. | 84.74 |
| C. | 86.13 |
| D. | 88.75 |
| E. | 90.54 |
| Answer» E. 90.54 | |
| 454. |
In March 2021, Oil and Natural Gas Corporation Limited (ONGC) has acquired 5% stake in which of the following companies? |
| A. | Gas Authority of India Limited (GAIL) |
| B. | Indian Gas Exchange (IGX) |
| C. | Hindustan Petroleum Corporation Limited (HPCL) |
| D. | Indian Oil Corporation Limited (IOCL) |
| E. | Essar Oil Limited |
| Answer» C. Hindustan Petroleum Corporation Limited (HPCL) | |
| 455. |
By February 2021, a total of how many accounts (in crores) have been opened so far under Pradhan Mantri Jan Dhan Yojana (PMJDY)? |
| A. | 35.25 |
| B. | 37.45 |
| C. | 39.35 |
| D. | 41.75 |
| E. | 43.50 |
| Answer» E. 43.50 | |
| 456. |
In April 2021, the Cabinet has approved two production linked incentive schemes (PLI) for ₹10,738 crores. It has been considered for which of the following? |
| A. | LED |
| B. | Air conditioner |
| C. | Microwave Oven |
| D. | Both 1 and 2 |
| E. | Both 1 and 3 |
| Answer» E. Both 1 and 3 | |
| 457. |
India has decided to impose retaliatory tariffs on how many goods imported from the U.S. from June 16, 2019 onwards? |
| A. | 15 |
| B. | 19 |
| C. | 22 |
| D. | 29 |
| E. | 35 |
| Answer» E. 35 | |
| 458. |
In May 2021, which of the following banks has launched a so-called qualified institutional placement (QIP) offer to raise as much as Rs1,800 crore from institutional investors? |
| A. | HDFC Bank |
| B. | United Bank of India |
| C. | Punjab National Bank |
| D. | ICICI Bank |
| E. | Bank of Baroda |
| Answer» D. ICICI Bank | |
| 459. |
In December 2020, which bank has approved the appointment of Sanmoy Chakrabarti as the Chief Risk Officer (CRO) for three years? |
| A. | Axis Bank |
| B. | HDFC Bank |
| C. | Yes Bank |
| D. | SBI |
| E. | ICICI Bank |
| Answer» C. Yes Bank | |
| 460. |
In December 2020, which bank has launched contactless 'RuPay Select' debit card in association with the National Payments Corporation of India? |
| A. | Central Bank of India |
| B. | HDFC Bank |
| C. | Bank of Baroda |
| D. | Bank of India |
| E. | Andhra Bank |
| Answer» B. HDFC Bank | |
| 461. |
Chennai-headquartered bank has introduced a Kisan credit card loan scheme for Tamil Nadu fishermen? |
| A. | Canara Bank |
| B. | Axis Bank |
| C. | Indian Bank |
| D. | SBI |
| E. | Allahabad Bank |
| Answer» D. SBI | |
| 462. |
In November 2020, the Securities and Exchange Board of India (SEBI) has enhanced the foreign investment limit per fund house from 300 million USD to how many million USD? |
| A. | 400 |
| B. | 500 |
| C. | 600 |
| D. | 700 |
| E. | 800 |
| Answer» D. 700 | |
| 463. |
Bank credit grew by ________% in financial year 2018-19, mainly aided by loans to services and retail sector. |
| A. | 11.8 |
| B. | 12.6 |
| C. | 13.2 |
| D. | 14.2 |
| E. | 15.9 |
| Answer» D. 14.2 | |
| 464. |
In May 2021, India cut sugar export subsidies by how much per cent for the current season which ends on 30 September 2021, according to a government order issued by the Ministry Of Consumer Affairs, Food And Public Distribution? |
| A. | 27.1 |
| B. | 29.5 |
| C. | 31.4 |
| D. | 33.9 |
| E. | 35.7 |
| Answer» D. 33.9 | |
| 465. |
In view of COVID-19, the government has relaxed the provisions of the Income-tax Act. Now, all hospitals, nursing units, dispensaries, and COVID care centres will be able to accept cash over how many rupees from the patients? |
| A. | 1 lakh |
| B. | 1.5 lakh |
| C. | 2 lakh |
| D. | 2.5 lakh |
| E. | 3.0 lakh |
| Answer» D. 2.5 lakh | |
| 466. |
Disney's online store is live in India, ShopDisney.in is now open for orders, and will serve more than how mnay cities across India at launch? |
| A. | 500 |
| B. | 450 |
| C. | 400 |
| D. | 350 |
| E. | 300 |
| Answer» B. 450 | |
| 467. |
In June 2020, Mastercard is buying which of the following fintech companies in a transaction valued at nearly $1 billion? |
| A. | Plaid |
| B. | Finicity |
| C. | Trading Central |
| D. | TipRanks |
| E. | Accern |
| Answer» C. Trading Central | |
| 468. |
As per the Reserve Bank of India's data, India’s current account deficit (CAD) for the third quarter narrowed to ________% of the GDP. |
| A. | 2.8 |
| B. | 2.6 |
| C. | 2.5 |
| D. | 2.3 |
| E. | 2.1 |
| Answer» D. 2.3 | |
| 469. |
HCL Technologies would acquire DWS Limited, an IT, business and management consulting group, based in which country? |
| A. | Australia |
| B. | USA |
| C. | China |
| D. | Japan |
| E. | France |
| Answer» B. USA | |
| 470. |
In November 2020, which of the following has declared Karvy Stock Broking as a defaulter for non-compliance with the regulatory provisions of the bourse? |
| A. | Bombay Stock Exchange |
| B. | India International Exchange |
| C. | Ahmedabad Stock Exchange |
| D. | National Stock Exchange |
| E. | Cochin Stock Exchange |
| Answer» E. Cochin Stock Exchange | |
| 471. |
Hyundai Motor Co and Kia Motors Corp will together invest how much in Ola? |
| A. | $ 500 million |
| B. | $ 200 million |
| C. | $ 300 million |
| D. | $ 100 million |
| E. | None of these |
| Answer» D. $ 100 million | |
| 472. |
In March 2020, charges for cash withdrawal from other bank ATMs and penalties for non-maintenance of the minimum balance amount in bank savings accounts have been waived for how many months? |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| E. | 6 |
| Answer» C. 4 | |
| 473. |
According to the latest data from the RBI, the country's foreign exchange reserves rose USD ________ million to touch a life-time high of USD 462.16 billion in the week ended on 17 January 2020. |
| A. | 812 |
| B. | 879 |
| C. | 902 |
| D. | 943 |
| E. | 998 |
| Answer» E. 998 | |
| 474. |
Asking banks to proactively raise and conserve capital in wake of the second wave of Covid, the RBI has told banks to restrict dividends to how much percent of what regulations allow? |
| A. | 30 |
| B. | 40 |
| C. | 50 |
| D. | 60 |
| E. | 70 |
| Answer» D. 60 | |
| 475. |
In March 2020, the government has raised Rs 11,500 crore through strategic sale of two state-run power companies, THDC and NEEPCO, to which of the following? |
| A. | NTPC |
| B. | ONGC |
| C. | GAIL |
| D. | BHEL |
| E. | Coal India |
| Answer» B. ONGC | |
| 476. |
ICICI Home Finance has launched a new loan scheme ‘Apna Ghar Dreamz’, with credit amount in the range of Rs 2 lakh to 50 lakh, for skilled workers employed in the informal sector in which city? |
| A. | Delhi |
| B. | Mumbai |
| C. | Chennai |
| D. | Kolkata |
| E. | Hyderabad |
| Answer» B. Mumbai | |
| 477. |
A worldwide financial messaging network which exchange messages between banks and financial institutions is known as ________. |
| A. | CHAPS |
| B. | SWIFT |
| C. | NEFT |
| D. | SFMS |
| Answer» C. NEFT | |
| 478. |
In October 2020, which of the following has approved infrastructure projects worth 741 million dollars in India? |
| A. | Asian Development Bank |
| B. | New Development Bank |
| C. | World Bank |
| D. | International Monetary Fund |
| E. | Asian Infrastructure Investment Bank |
| Answer» C. World Bank | |
| 479. |
Fintech firm ZipLoan has partnered with InCred to extend micro-loans to MSMEs that are unable to access financial services from traditional banking players. The microloans will be ranging from ₹1 lakh to how many rupees? |
| A. | 5 lakh |
| B. | 8 lakh |
| C. | 10 lakh |
| D. | 12 lakh |
| E. | 15 lakh |
| Answer» D. 12 lakh | |
| 480. |
As per relaxations announced by SEBI in December 2020, entities can be considered eligible to sponsor MFs, if they maintain a net worth of how many rupees, until the time they can demonstrate profitability for five years? |
| A. | 50 crore |
| B. | 80 crore |
| C. | 100 crore |
| D. | 120 crore |
| E. | 150 crore |
| Answer» D. 120 crore | |
| 481. |
In which city is the value of Gold determined?A. CaliforniaB. SydneyC. RomeD. London |
| A. | C |
| B. | B |
| C. | A |
| D. | D |
| Answer» E. | |
| 482. |
Elon Musk has donated how many million dollars to the American non-profit educational organisation Khan Academy through his Musk Foundation aiming to boost online education? |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| E. | 6 |
| Answer» E. 6 | |
| 483. |
In April-August 2020, the total FDI inflow into India was $35.73 billion. It was how much per cent higher than that in the same period last fiscal? |
| A. | 9 |
| B. | 11 |
| C. | 13 |
| D. | 15 |
| E. | 17 |
| Answer» D. 15 | |
| 484. |
As per an official order, India’s economy grew how much per cent in the January-March quarter compared with the same period in 2019? |
| A. | 2.7 |
| B. | 3.1 |
| C. | 3.5 |
| D. | 3.9 |
| E. | 4.3 |
| Answer» C. 3.5 | |
| 485. |
In December 2020, JMC Projects has bagged orders worth how many rupees (in crores) in the domestic market.? |
| A. | 482 |
| B. | 560 |
| C. | 698 |
| D. | 721 |
| E. | 806 |
| Answer» D. 721 | |
| 486. |
Growth in production (in percent) of which one of the following core industries in India during the period 2015-2016 was negative? |
| A. | Natural gas |
| B. | Refinery products |
| C. | Fertilizer |
| D. | Coal |
| Answer» B. Refinery products | |
| 487. |
Aditya Birla Capital Ltd and Sun Life (India) AMC will together sell how much percent stake in their asset management joint venture - Aditya Birla Sun Life AMC Ltd? |
| A. | 10.9 |
| B. | 11.1 |
| C. | 12.3 |
| D. | 13.5 |
| E. | 14.7 |
| Answer» E. 14.7 | |
| 488. |
In the ongoing Kharif Marketing Season (KMS) 2020-21, paddy procurement is continuing with the purchase of over how many Lakh Metric Tonnes (LMT) of paddy up to 26 February 2021? |
| A. | 567.31 |
| B. | 612.89 |
| C. | 663.68 |
| D. | 735.09 |
| E. | 789.43 |
| Answer» D. 735.09 | |
| 489. |
Federal Bank has announced the launch of FedFirst, a special savings account scheme for children below how many years of age? |
| A. | 16 |
| B. | 17 |
| C. | 18 |
| D. | 19 |
| E. | 20 |
| Answer» D. 19 | |
| 490. |
In October 2020, a sharp spike in prices of onion has taken the all-India retail price of onion to Rs.51.95 per kilo which was how much per cent higher than the last year’s price? |
| A. | 11.67 |
| B. | 12.13 |
| C. | 12.93 |
| D. | 13.29 |
| E. | 13.87 |
| Answer» C. 12.93 | |
| 491. |
According to the Economic Survey 2019-20, India’s GDP growth moderated to _______ in H1 of 2019-20, amidst a weak environment for global manufacturing, trade, and demand. |
| A. | 5.2 percent |
| B. | 4.2 percent |
| C. | 4.8 percent |
| D. | 5.8 percent |
| Answer» D. 5.8 percent | |
| 492. |
In November 2020, Razorpay and Visa have announced the launch of RazorpayX Corporate Cards. The Corporate Cards offer business owners credit limits of up to how many rupees? |
| A. | 10 lakhs |
| B. | 15 lakhs |
| C. | 20 lakhs |
| D. | 25 lakhs |
| E. | 30 lakhs |
| Answer» D. 25 lakhs | |
| 493. |
On 25 October 2017, the government announced a recapitalization plan for state-owned banks. How much amount was announced for Banks’ recapitalization? |
| A. | Rs. 3.11 lakh crore |
| B. | Rs. 5.1 lakh crore |
| C. | Rs. 2.11 lakh crore |
| D. | Rs. 7 lakh crore |
| Answer» D. Rs. 7 lakh crore | |
| 494. |
In October 2020, the government announced that it will give ₹12,000 crores in interest-free loans for how many years to states for capital projects? |
| A. | 20 |
| B. | 30 |
| C. | 40 |
| D. | 50 |
| E. | 60 |
| Answer» E. 60 | |
| 495. |
ADB has launched back-to-back gender bonds with a CAD750 million (around USD596 million), a how many years bond in the Canadian dollar maple market? |
| A. | 4 |
| B. | 5 |
| C. | 6 |
| D. | 7 |
| E. | 8 |
| Answer» E. 8 | |
| 496. |
India’s exports rose to a five-month high of ________% in March on account of higher growth mainly in pharma, chemicals and engineering sectors. |
| A. | 6 |
| B. | 8 |
| C. | 11 |
| D. | 15 |
| E. | 19 |
| Answer» D. 15 | |
| 497. |
ADB committed to provide $________ billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986. |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| E. | 5 |
| Answer» D. 4 | |
| 498. |
Ending a decade’s slide in the production of black tiger shrimps, which state is experiencing a comeback of it? |
| A. | Mizoram |
| B. | Manipur |
| C. | Kerala |
| D. | Sikkim |
| E. | Assam |
| Answer» D. Sikkim | |
| 499. |
In May 2020, Government has notified amendments to GFR to ensure that goods and services valued less than how many crore rupees are being procured from domestic firms? |
| A. | 50 |
| B. | 100 |
| C. | 150 |
| D. | 200 |
| E. | 250 |
| Answer» E. 250 | |
| 500. |
India’s Foreign Exchange (Forex) reserves crossed what landmark value (in billion dollars) for the first time during September 2017? |
| A. | 300 |
| B. | 350 |
| C. | 400 |
| D. | 500 |
| Answer» D. 500 | |