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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.
| 51. |
According to the Income Tax Department, it has issued over how many rupees (in crore) worth refunds to more than 2.1 crore taxpayers so far this fiscal? |
| A. | 1 lakh |
| B. | 2 lakh |
| C. | 3 lakh |
| D. | 4 lakh |
| E. | 5 lakh |
| Answer» C. 3 lakh | |
| 52. |
In September 2017, India’s foreign exchange reserves touched how much amount for the first time? |
| A. | $ 500 billion |
| B. | $ 400 billion |
| C. | $ 600 billion |
| D. | $ 700 billion |
| Answer» C. $ 600 billion | |
| 53. |
In April 2021, which of the following has announced the first close of its second fund at ₹1,325 crores, as it looks to ramp up its deployment across startups in India? |
| A. | SVB India Finance Private Ltd |
| B. | IvyCap Ventures |
| C. | Unicorn India Ventures |
| D. | Alteria Capital |
| E. | Pi Ventures |
| Answer» E. Pi Ventures | |
| 54. |
Policybazaar has launched a new vertical, where users can learn more about the product offered by which of the following? |
| A. | SBI General |
| B. | Shriram General |
| C. | Universal Sompo |
| D. | Both 1 and 2 |
| E. | All 1, 2 and 3 |
| Answer» F. | |
| 55. |
In February 2021, the Centre has released the 17th weekly installment of ₹5k crores to how many states to meet the GST compensation shortfall? |
| A. | 19 |
| B. | 21 |
| C. | 23 |
| D. | 27 |
| E. | 29 |
| Answer» D. 27 | |
| 56. |
In June 2020, which of the following has released Rs 868 crore pension along with Rs 105 crore arrears on account of restoration of commuted value of pension? |
| A. | LIC |
| B. | Indian Post |
| C. | EPFO |
| D. | SEBI |
| E. | CPFB |
| Answer» D. SEBI | |
| 57. |
As per RBI, a non-bank financier must report a net NPA ratio of less than how much per cent in each of the last three years, including as at the close of the financial year for which dividend is proposed? |
| A. | 3 |
| B. | 4 |
| C. | 5 |
| D. | 6 |
| E. | 7 |
| Answer» E. 7 | |
| 58. |
According to the Reserve Bank data released in April 2019, bank credit rose ________% to Rs 97.67 lakh crore for the fortnight to 29 March 2019. |
| A. | 11.28 |
| B. | 11.84 |
| C. | 12.62 |
| D. | 13.24 |
| E. | 14.26 |
| Answer» E. 14.26 | |
| 59. |
In April 2021, the Union Cabinet approved a production-linked incentive (PLI) scheme of how many rupees (in crores) to boost the domestic manufacturing capacity of solar PV modules? |
| A. | 3,500 |
| B. | 4,000 |
| C. | 4,500 |
| D. | 5,000 |
| E. | 5,500 |
| Answer» D. 5,000 | |
| 60. |
In August 2020, Government has released Rs 6,195 crores to how many states as the 5th equated monthly instalment of the Post Devolution Revenue Deficit Grant as recommended by the 15th Finance Commission? |
| A. | 12 |
| B. | 14 |
| C. | 16 |
| D. | 18 |
| E. | 20 |
| Answer» C. 16 | |
| 61. |
All deposit-taking NBFCs, all non-deposit taking NBFCs with asset size of how many crore rupees and above will have to implement the risk-based internal audit system by March 2022? |
| A. | 2,000 |
| B. | 3,000 |
| C. | 4,000 |
| D. | 5,000 |
| E. | 6,000 |
| Answer» E. 6,000 | |
| 62. |
In January 2021, which of the following has launched its flagship retirement benefit fund? |
| A. | ICICI Prudential Mutual Fund |
| B. | UTI Asset Management |
| C. | DSP Mutual Fund |
| D. | SBI Mutual Fund |
| E. | Kotak Mutual Fund |
| Answer» E. Kotak Mutual Fund | |
| 63. |
Finance Minister Nirmala Sitharaman announced that the ________ per cent cess on imports of Medical equipment is applicable to only those equipment which are also produced in India. |
| A. | 3 |
| B. | 4 |
| C. | 5 |
| D. | 6 |
| E. | 7 |
| Answer» D. 6 | |
| 64. |
In Jammu and Kashmir, GST revenue collections in the Financial Year 2020-21 has registered a positive growth of how much per cent? |
| A. | 2.21 |
| B. | 2.53 |
| C. | 2.94 |
| D. | 3.24 |
| E. | 3.56 |
| Answer» D. 3.24 | |
| 65. |
In June 2021, which of the following has announced the launch of a flexicap fund that aims to provide capital appreciation by investing in equity and equity-related securities across market capitalization, based on an in-house market cap allocation model? |
| A. | ICICI Prudential Mutual Fund |
| B. | SBI Mutual Fund |
| C. | Axis Mutual Fund |
| D. | Nippon India Mutual Fund |
| E. | L&T Mutual Fund |
| Answer» B. SBI Mutual Fund | |
| 66. |
Apple has become the world’s most valuable publicly-traded company, surpassing the state oil giant Saudi Aramco. Apple shares closed up how much per cent on 31 July 2020, giving it a market valuation of $1.84 trillion? |
| A. | 7.19 |
| B. | 8.77 |
| C. | 9.51 |
| D. | 10.47 |
| E. | 11.23 |
| Answer» E. 11.23 | |
| 67. |
In November 2020, which of the following continues to snap up startups to build out its machine learning and AI operations? |
| A. | Advanced Micro Devices |
| B. | Nvidia |
| C. | TSMC |
| D. | Intel |
| E. | Asus |
| Answer» E. Asus | |
| 68. |
Mindspace Business Parks REIT has committed to transform to 100 per cent renewable electricity use across all areas serviced and maintained within the Mindspace Business Parks REIT portfolio by which year? |
| A. | 2035 |
| B. | 2040 |
| C. | 2045 |
| D. | 2050 |
| E. | 2055 |
| Answer» E. 2055 | |
| 69. |
In March 2020, Excise duty on petrol and diesel was hiked by Rs ________ per litre as the government looked to mop up gains arising from fall in international oil prices. |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| E. | 6 |
| Answer» C. 4 | |
| 70. |
India’s media and entertainment (M&E) sector shrank how much per cent to Rs 1.38 trillion in 2020? |
| A. | 20 |
| B. | 24 |
| C. | 28 |
| D. | 32 |
| E. | 36 |
| Answer» C. 28 | |
| 71. |
In the Universal debt relief scheme, people with annual income of Rs ________ or less, outstanding loans of Rs 35,000 or less, and assets worth Rs 20,000 or less may be eligible. |
| A. | 40,000 |
| B. | 50,000 |
| C. | 60,000 |
| D. | 70,000 |
| E. | 80,000 |
| Answer» D. 70,000 | |
| 72. |
In August 2020, which of the following has launched its 'Green Deposit Programme' for corporate clients? |
| A. | Citibank |
| B. | DBS Bank |
| C. | Barclays |
| D. | HSBC India |
| E. | IndusInd Bank |
| Answer» E. IndusInd Bank | |
| 73. |
In February 2021, Deendayal Port Trust has crossed how many million metric tons in cargo handling? |
| A. | 60 |
| B. | 80 |
| C. | 100 |
| D. | 120 |
| E. | 140 |
| Answer» D. 120 | |
| 74. |
How many public sector banks are there in India? |
| A. | 10 |
| B. | 14 |
| C. | 22 |
| D. | 32 |
| Answer» D. 32 | |
| 75. |
Aditya Birla Fashion & Retail (ABFRL) has acquired how much per cent stake in Goodview Properties Private Limited (GPPL)? |
| A. | 22.5 |
| B. | 33.5 |
| C. | 44.5 |
| D. | 52.5 |
| E. | 63.5 |
| Answer» C. 44.5 | |
| 76. |
In August 2017, which of the following launched world’s first futures contracts in ‘diamonds’? |
| A. | Indian Commodity Exchange (ICEX) |
| B. | Multi Commodity Exchange (MCEX) |
| C. | National Association of Securities Dealers Automated Quotations (NASDAQ) |
| D. | None of these |
| Answer» B. Multi Commodity Exchange (MCEX) | |
| 77. |
According to Reserve Bank of India, what percent of junked Rs. 500 And Rs. 1,000 Notes have returned to banking system? |
| A. | 90% |
| B. | 100% |
| C. | 99% |
| D. | 98.7% |
| E. | 99.3% |
| Answer» F. | |
| 78. |
In August 2020, which of the following banks has cut its marginal-cost based lending rate (MCLR) on loans for all tenors by 10 basis points (bps)? |
| A. | Yes Bank |
| B. | HDFC Bank |
| C. | SBI |
| D. | PNB |
| E. | Axis Bank |
| Answer» C. SBI | |
| 79. |
Bhim Unified Payments Interface (UPI) has crossed how many billion transaction mark in October 2020? |
| A. | 1 |
| B. | 1.5 |
| C. | 2 |
| D. | 2.5 |
| E. | 3 |
| Answer» D. 2.5 | |
| 80. |
As per the data from RBI, India's services exports rose_______% to $16.58 billion in February 2018-19. |
| A. | 3.5 |
| B. | 4.5 |
| C. | 5.5 |
| D. | 6.5 |
| E. | 7.5 |
| Answer» D. 6.5 | |
| 81. |
In May 2020, the Government of India raised the net borrowing limit for state governments to ______% of the gross state domestic product (GSDP). |
| A. | 3 |
| B. | 10 |
| C. | 7 |
| D. | 5 |
| Answer» E. | |
| 82. |
In June 2020, which of the following banks has launched a mobile application based facility where customer can open a current bank account in just a few hours? |
| A. | IndusInd Bank |
| B. | ICICI Bank |
| C. | HDFC Bank |
| D. | PNB |
| E. | Kotak Mahindra Bank |
| Answer» B. ICICI Bank | |
| 83. |
Private equity firm ChrysCapital is investing how many million dollars in Safex Chemicals India Ltd? |
| A. | 20 |
| B. | 30 |
| C. | 40 |
| D. | 50 |
| E. | 60 |
| Answer» E. 60 | |
| 84. |
In October 2017, State Bank of India announced to set up Country’s largest innovation centre in ________. |
| A. | New Delhi |
| B. | Bangalore |
| C. | Navi Mumbai |
| D. | Hyderabad |
| Answer» D. Hyderabad | |
| 85. |
How much amount will be invested by IIT Gandhinagar to build a research park that will house 50 corporate R&D centres? |
| A. | 200 crores |
| B. | 100 crores |
| C. | 500 crores |
| D. | 250 crores |
| E. | 150 crores |
| Answer» C. 500 crores | |
| 86. |
Morgan Stanley has downgraded Reliance Industries Limited’s (RIL) stock to ‘equal weight’ (EW), leading to a ________% fall in the company’s shares to ₹1,255.15. |
| A. | 2.86 |
| B. | 3.41 |
| C. | 4.32 |
| D. | 5.12 |
| E. | 6.81 |
| Answer» C. 4.32 | |
| 87. |
Inflation based on wholesale prices fell to a 10-month low of ________ percent in January 2019. |
| A. | 2.52 |
| B. | 2.76 |
| C. | 2.81 |
| D. | 2.95 |
| E. | 3.01 |
| Answer» C. 2.81 | |
| 88. |
In January 2021, which of the following has launched a digital gold investment platform? |
| A. | Zerodha |
| B. | Upstox |
| C. | HDFC securities |
| D. | Finvasia |
| E. | Alice Blue |
| Answer» C. HDFC securities | |
| 89. |
Name the path-breaking comprehensive digital product of SBI, which was developed using the world's latest digital technilogies. |
| A. | You Also Need One (YANO) |
| B. | You Need One (YNO) |
| C. | You Only Need One (YONO) |
| D. | You Only Need (YON) |
| Answer» D. You Only Need (YON) | |
| 90. |
During 2020-21 fiscal, around Rs. 46,030 cr has been raised through public issues witnessing a growth of how much percent? |
| A. | 85 |
| B. | 95 |
| C. | 105 |
| D. | 115 |
| E. | 125 |
| Answer» E. 125 | |
| 91. |
In January 2020, the Government has approved the Viability Gap Funding, VGF of 5559 crore rupees to Indradhanush Gas Grid Limited to build Natural Gas Pipeline Grid covering how many North-Eastern states? |
| A. | 8 |
| B. | 7 |
| C. | 6 |
| D. | 5 |
| E. | 4 |
| Answer» B. 7 | |
| 92. |
In April 2021, which of the following has directed insurers to approve Covid-related cashless claims within 60 minutes of receiving appropriate documents from the claimant? |
| A. | RBI |
| B. | IRDAI |
| C. | NABARD |
| D. | SEBI |
| E. | SIDBI |
| Answer» C. NABARD | |
| 93. |
________ has secured a non-banking finance company licence from the RBI. |
| A. | Power Finance Corp |
| B. | Cholamandalam Investment and Finance |
| C. | Vreedhi Financial Services |
| D. | Muthoot Finance |
| E. | HDB Financial Services |
| Answer» D. Muthoot Finance | |
| 94. |
Infosys, India's second-largest IT company, reported how much a percent year-on-year rise in net profit at ₹5,078 crores (before minority interest) for the quarter ended in March 2021? |
| A. | 15.4 |
| B. | 16.2 |
| C. | 17.1 |
| D. | 18.3 |
| E. | 19.5 |
| Answer» D. 18.3 | |
| 95. |
In December 2020, SBI Cards and Payment Services Ltd (SBI Card) has raised how many rupees (in crores) by issuing bonds on a private placement basis? |
| A. | 250 |
| B. | 350 |
| C. | 450 |
| D. | 550 |
| E. | 650 |
| Answer» D. 550 | |
| 96. |
IRDAI has formed a panel to assess the suitability of the Indian insurance industry or any other sector to offer Surety Bonds for road contracts in the country. Who is the head of the panel? |
| A. | Rajesh Bhushan |
| B. | G Srinivasan |
| C. | Neerabh Kumar Prasad |
| D. | D B Shekatkar |
| E. | Murli Manohar Joshi |
| Answer» C. Neerabh Kumar Prasad | |
| 97. |
Department of Investment and Public Asset Management (DIPAM) signed an agreement with which of the following International Organizations to get advisory services for asset monetization? |
| A. | World Bank |
| B. | IMF |
| C. | AIIB |
| D. | ADB |
| E. | UNICEF |
| Answer» B. IMF | |
| 98. |
In April 2020, the government has relaxed export curbs on how many pharma ingredients and medicines including vitamin B1 and B12? |
| A. | 16 |
| B. | 20 |
| C. | 24 |
| D. | 28 |
| E. | 32 |
| Answer» D. 28 | |
| 99. |
In December 2020, the Finance Ministry has released the 6th instalment of how many rupees (in crores) to the states to meet the GST compensation shortfall? |
| A. | 3,000 |
| B. | 4,000 |
| C. | 5,000 |
| D. | 6,000 |
| E. | 7,000 |
| Answer» E. 7,000 | |
| 100. |
Net sales of gold totalled how many tons of bullion in the third quarter, compared with purchases of 141.9 tons? |
| A. | 10.8 tons |
| B. | 12.1 tons |
| C. | 14.2 tons |
| D. | 16.6 tons |
| E. | 18.4 tons |
| Answer» C. 14.2 tons | |