In June 2020, which of the following has launched a multi-location claim settlement facility?

Employees Provident Fund Organisation

Central Board of Indirect Taxes and Customs

In June 2021, which of the following has received a patent for black pepper micronutrient foliar formulation?

ICAR-Indian Institute of Spices Research

1205 + Mcqs in Business and Economy Page 20 McqOptions

951.	How many states have received the Revenue Deficit Grant of over Rs.6,194 crore?
A.	12
B.	10
C.	14
D.	8
E.	6
Answer» D. 8

Discussion

952.	Centre has allocated more than Rs. 7000 cr grant to which state for the current financial year to provide tap water supply to rural households under Jal Jeevan Mission?
A.	Karnataka
B.	Maharashtra
C.	Tamil Nadu
D.	Telangana
E.	West Bengal
Answer» C. Tamil Nadu

Discussion

953.	Consider the following statements:1. The value of Indo-Sri Lanka trade has consistently increased in the last decade.2. "Textile and textile articles" constitute an important item of trade between India and Bangladesh.3. In the last five years, Nepal has been the largest trading partner of India in South Asia.Which of the statements given above is/are correct?
A.	1 and 2 only
B.	2 only
C.	3 only
D.	1, 2 and 3
Answer» C. 3 only

Discussion

954.	Country’s organized grocery stores registered ________% growth in sales, according to Reformatting Retail in India report by Nielsen India released in March 2019.
A.	12
B.	16
C.	18
D.	22
E.	26
Answer» E. 26

Discussion

955.	In March 2019, the Finance Ministry had decided to infuse Rs ________ crore into state-owned Bank of Baroda.
A.	4,529
B.	4,923
C.	5,042
D.	5,896
E.	6,023
Answer» D. 5,896

Discussion

956.	In March 2021, which of the following has announced a new feature ‘Checkout with Crypto’?
A.	Freecharge
B.	PayPal Inc
C.	Mobikwik
D.	Paytm
E.	Amazon Pay
Answer» C. Mobikwik

Discussion

957.	In June 2020, which of the following has launched a multi-location claim settlement facility?
A.	Life Insurance Corporation
B.	Employees Provident Fund Organisation
C.	India Post
D.	FSSAI
E.	Central Board of Indirect Taxes and Customs
Answer» C. India Post

Discussion

958.	In March 2021, the board of which bank approved the Rupee Bond Borrowing limit of Rs. 8000 crore for FY 2021-22?
A.	Axis Bank
B.	Bank of Baroda
C.	Bank of India
D.	IDBI Bank
E.	Yes Bank
Answer» E. Yes Bank

Discussion

959.	Pipe manufacturer Man Industries (India) Ltd has bagged orders worth ₹250 crores. These will be executed over how many months?
A.	3
B.	4
C.	5
D.	6
E.	7
Answer» D. 6

Discussion

960.	Hindustan Construction Company's joint venture with Dilip Buildcon has received a Rs 1,900 crore NHAI contract for the design and construction of a 22-km road to link which of the following states?
A.	Punjab and Haryana
B.	Jharkhand and Bihar
C.	Gujarat and Rajasthan
D.	Jharkhand and Chhattisgarh
E.	Rajasthan and Uttar Pradesh
Answer» C. Gujarat and Rajasthan

Discussion

961.	Inflation based on wholesale prices fell to a 10-month low of 2.76 percent in January 2019. The WPI-based inflation stood at ________ percent in December 2018.
A.	2.9
B.	3.2
C.	3.4
D.	3.8
E.	4.0
Answer» E. 4.0

Discussion

962.	Public sector banks' Provision Coverage Ratio (PCR) has increased to ________% as of September 2018.
A.	50.56
B.	62.76
C.	66.85
D.	68.75
E.	70.25
Answer» D. 68.75

Discussion

963.	In February 2021, the government has sanctioned over how many more houses under the Pradhan Mantri Awas Yojana (Urban)?
A.	40,000
B.	45,000
C.	50,000
D.	56,000
E.	62,000
Answer» E. 62,000

Discussion

964.	As per Section ________ of the Reserve Bank of India Act of 1934, the governor and deputy governors are appointed by the government.
A.	4
B.	6
C.	8
D.	10
E.	12
Answer» D. 10

Discussion

965.	Moody’s Investors Service said G-20 countries, as a group, are expected to grow by ________ per cent in 2020.
A.	1.9
B.	2.0
C.	2.1
D.	2.2
E.	2.3
Answer» D. 2.2

Discussion

966.	Government has declared MSP for mature dehusked coconut for the season 2020 at 2,700 rupees per quintal. The Centre has hiked the MSP by how much per cent?
A.	3.06
B.	3.98
C.	4.15
D.	5.02
E.	6.76
Answer» E. 6.76

Discussion

967.	How much per cent interest subvention scheme for MSMEs on loans offered by co-operative banks has been extended till the 31st of March 2021?
A.	1.0
B.	1.5
C.	2.0
D.	2.5
E.	3.0
Answer» D. 2.5

Discussion

968.	According to Organisation for Economic Co-operation and Development (OECD), an investment of ______ percent or above from overseas is considered as FDI.
A.	20
B.	5
C.	10
D.	15
Answer» D. 15

Discussion

969.	According to a statement by the Finance Ministry, how many MSME accounts have received ₹1,58,626 crore till December 4, 2020?
A.	25 lakh
B.	30 lakh
C.	35 lakh
D.	40 lakh
E.	45 lakh
Answer» E. 45 lakh

Discussion

970.	As per a survey released by the Reserve Bank, the Indian economy may contract by how much per cent in FY21?
A.	0.5
B.	1
C.	1.5
D.	2
E.	2.5
Answer» D. 2

Discussion

971.	________ has announced that it will provide early-stage capital to agriculture and rural enterprises through its venture capital entity, 'NABVENTURES Ltd'.
A.	NABARD
B.	SEBI
C.	SBI
D.	PNB
E.	RBI
Answer» B. SEBI

Discussion

972.	Haven, the joint venture of Amazon, JPMorgan and Berkshire's healthcare venture will shut in which month?
A.	January 2021
B.	February 2021
C.	March 2021
D.	April 2021
E.	May 2021
Answer» C. March 2021

Discussion

973.	In June 2021, which of the following has received a patent for black pepper micronutrient foliar formulation?
A.	MDH Spices
B.	ICAR-Indian Institute of Spices Research
C.	Veda Spices
D.	Good Earth Organic
E.	Pragalya International
Answer» C. Veda Spices

Discussion

974.	In November 2017, GST Council reduced GST rate from 28% to 18% on how many items?
A.	150
B.	50
C.	227
D.	177
Answer» E.

Discussion

975.	In September 2019, HDFC Bank plans to organise ________ Grameen Loan Melas over the next six months.
A.	400
B.	600
C.	800
D.	1,000
E.	1,200
Answer» E. 1,200

Discussion

976.	In December 2019, the Goods and Services Tax or GST Council has fixed a uniform tax rate of what percent on both state-run and private lottery?
A.	28
B.	20
C.	18
D.	10
E.	5
Answer» B. 20

Discussion

977.	In June 2020, which of the following banks has/have announced cut in their marginal cost of funds-based lending rates (MCLR) across all tenors?
A.	Bank of Baroda
B.	Union Bank of India
C.	Yes Bank
D.	Both 1 and 2
E.	Both 1 and 3
Answer» E. Both 1 and 3

Discussion

978.	India's renewable energy subsidies fell ________ per cent from 2017-18 to 2018-19, while its oil and gas subsidies increased by 65 per cent.
A.	20
B.	25
C.	30
D.	35
E.	40
Answer» E. 40

Discussion

979.	In January 2021, which of the following became the second Indian company to hit ₹12 trillion in market capitalisation?
A.	HDFC Bank
B.	TCS
C.	Hindustan Unilever
D.	Infosys
E.	Bharti Airtel
Answer» C. Hindustan Unilever

Discussion

980.	Max Life Saral Pension plan is available to customers in the entry age group of which of the following years?
A.	25-65
B.	30-70
C.	35-75
D.	40-80
E.	45-85
Answer» E. 45-85

Discussion

981.	Life Insurance Council has decided to launch the Indian life insurance industry’s first joint mass media campaign with the slogan __________.
A.	Sabse Pehle Life Insurance
B.	Pehle Life Insurance
C.	Sabse Pratham Jeevan Bima
D.	Pehle kro Jeevan Bima
E.	None of the above
Answer» B. Pehle Life Insurance

Discussion

982.	Businesses with a monthly turnover of over how many rupees (in lakhs) will have to mandatorily pay at least 1 per cent of their GST liability in cash?
A.	20
B.	30
C.	40
D.	50
E.	60
Answer» E. 60

Discussion

983.	In May 2021, the Income Tax Department has issued over how many rupees (in crores) of refunds to more than 13 lakh taxpayers so far this fiscal year?
A.	17,061
B.	19,051
C.	21,041
D.	23,031
E.	25,021
Answer» B. 19,051

Discussion

984.	According to report, what is the estimated valuation of India's Fintech Companies by 2025?
A.	$ 140-150 billion
B.	$ 150-160 billion
C.	$ 125 -130 billion
D.	$ 145-150 billion
E.	None of these
Answer» C. $ 125 -130 billion

Discussion

985.	As per the statement of CEO and chairman of Coca-Cola Co., India is the ________th largest market by volume for Coca-Cola, which sold 1 billion unit cases in the country in 2019.
A.	4
B.	5
C.	6
D.	7
E.	8
Answer» C. 6

Discussion

986.	In November 2020, Biocon has approved a ₹1,125-crore ($150 million) capital injection from which of the following in its subsidiary Biocon Biologics?
A.	Fidelity Investment
B.	Goldman Sachs
C.	JPMorgan Chase
D.	Wells Fargo
E.	Capital One
Answer» C. JPMorgan Chase

Discussion

987.	CCEA has given its in-principle approval for strategic disinvestment along with the transfer of management control in IDBI Bank Ltd. LIC own how much per cent of the equity of IDBI Bank?
A.	19.52
B.	29.74
C.	39.12
D.	49.24
E.	59.32
Answer» E. 59.32

Discussion

988.	________, with India’s worst-bad loan ratio will sell 100 billion rupees of stressed assets.
A.	SBI
B.	IDBI Bank Ltd.
C.	ICICI Bank
D.	HDFC Bank
E.	PNB
Answer» C. ICICI Bank

Discussion

989.	Government has infused a capital of Rs.205 crore into which bank in March 2019?
A.	Union Bank
B.	Bank of Maharashtra
C.	Punjab National Bank
D.	Axis Bank
Answer» C. Punjab National Bank

Discussion

990.	In February 2020, which of the following has received permission from the National Payments Corporation of India (NPCI) to expand its pilot UPI services to 10 million users?
A.	Telegram
B.	WhatsApp
C.	WeChat
D.	Snapchat
E.	AnyDesk
Answer» C. WeChat

Discussion

991.	How much is the estimated quantity of food grain production in India 2017 - 18?
A.	279.51 million tonnes
B.	284.51 million tonnes
C.	289.51 million tonnes
D.	294.51 million tonnes
Answer» B. 284.51 million tonnes

Discussion

992.	In September 2020, Alintosch Pharmaceuticals Pvt Ltd, a Baidyanath group company picks-up how much per cent stake in Vikas Multicorp Ltd?
A.	1.52
B.	1.66
C.	1.74
D.	1.83
E.	1.95
Answer» D. 1.83

Discussion

993.	In Jan 2021, Shivalik Small Finance Bank (SSFB) has received a license from which of the following to carry on banking business as a Small Finance Bank (SFB) in India?
A.	SEBI
B.	RBI
C.	IRDAI
D.	NABARD
E.	SIDBI
Answer» C. IRDAI

Discussion

994.	As per the data released by the Commerce and Industry Ministry, Wholesale Price Index (WPI) deflation in primary articles was how much per cent in April 2020, as against inflation of 3.72% in March 2020?
A.	0.61
B.	0.79
C.	0.89
D.	0.92
E.	1.1
Answer» C. 0.89

Discussion

995.	By April 2021, Banks in India have crossed the milestone of how many trillion in deposits?
A.	80
B.	110
C.	130
D.	150
E.	170
Answer» E. 170

Discussion

996.	In Jan 2021, Jumbotail, an online wholesale marketplace for food and grocery products, has raised how many million dollars in its latest round of funding?
A.	13.6
B.	14.2
C.	15.4
D.	16.6
E.	17.8
Answer» C. 15.4

Discussion

997.	______ Bank has become the first bank in the country to introduce Iris Scan Authentication feature for Aadhaar-based transactions through its micro ATM tablets.
A.	Yes
B.	Bandhan
C.	Canara
D.	Axis
Answer» E.

Discussion

998.	Ant Group will be the world's biggest, according to pricing determined. Ant Group is based on which of the following countries?
A.	China
B.	France
C.	Japan
D.	Germany
E.	Poland
Answer» B. France

Discussion

999.	National Company Law Tribunal (NCLT) approved the merger of ________ with Bharat Financial Inclusion (BFIL).
A.	HDFC Bank
B.	Axis Bank
C.	Yes Bank
D.	IndusInd Bank
E.	Indian Bank
Answer» E. Indian Bank

Discussion

1000.	In January 2020, the Department of Telecom (DoT) has approved raising of foreign direct investment in Bharti Airtel to how much per cent from 49 per cent allowed earlier?
A.	100
B.	95
C.	75
D.	60
E.	51
Answer» B. 95

Discussion

Explore topic-wise MCQs in Current Affairs.

How many states have received the Revenue Deficit Grant of over Rs.6,194 crore?

Centre has allocated more than Rs. 7000 cr grant to which state for the current financial year to provide tap water supply to rural households under Jal Jeevan Mission?

Country’s organized grocery stores registered ________% growth in sales, according to Reformatting Retail in India report by Nielsen India released in March 2019.

In March 2019, the Finance Ministry had decided to infuse Rs ________ crore into state-owned Bank of Baroda.

In March 2021, which of the following has announced a new feature ‘Checkout with Crypto’?

In June 2020, which of the following has launched a multi-location claim settlement facility?

In March 2021, the board of which bank approved the Rupee Bond Borrowing limit of Rs. 8000 crore for FY 2021-22?

Pipe manufacturer Man Industries (India) Ltd has bagged orders worth ₹250 crores. These will be executed over how many months?

Hindustan Construction Company's joint venture with Dilip Buildcon has received a Rs 1,900 crore NHAI contract for the design and construction of a 22-km road to link which of the following states?

Inflation based on wholesale prices fell to a 10-month low of 2.76 percent in January 2019. The WPI-based inflation stood at ________ percent in December 2018.

Public sector banks' Provision Coverage Ratio (PCR) has increased to ________% as of September 2018.

In February 2021, the government has sanctioned over how many more houses under the Pradhan Mantri Awas Yojana (Urban)?

As per Section ________ of the Reserve Bank of India Act of 1934, the governor and deputy governors are appointed by the government.

Moody’s Investors Service said G-20 countries, as a group, are expected to grow by ________ per cent in 2020.

Government has declared MSP for mature dehusked coconut for the season 2020 at 2,700 rupees per quintal. The Centre has hiked the MSP by how much per cent?

How much per cent interest subvention scheme for MSMEs on loans offered by co-operative banks has been extended till the 31st of March 2021?

According to Organisation for Economic Co-operation and Development (OECD), an investment of ______ percent or above from overseas is considered as FDI.

According to a statement by the Finance Ministry, how many MSME accounts have received ₹1,58,626 crore till December 4, 2020?

As per a survey released by the Reserve Bank, the Indian economy may contract by how much per cent in FY21?

________ has announced that it will provide early-stage capital to agriculture and rural enterprises through its venture capital entity, 'NABVENTURES Ltd'.

Haven, the joint venture of Amazon, JPMorgan and Berkshire's healthcare venture will shut in which month?

In June 2021, which of the following has received a patent for black pepper micronutrient foliar formulation?

In November 2017, GST Council reduced GST rate from 28% to 18% on how many items?

In September 2019, HDFC Bank plans to organise ________ Grameen Loan Melas over the next six months.

In December 2019, the Goods and Services Tax or GST Council has fixed a uniform tax rate of what percent on both state-run and private lottery?

In June 2020, which of the following banks has/have announced cut in their marginal cost of funds-based lending rates (MCLR) across all tenors?

India's renewable energy subsidies fell ________ per cent from 2017-18 to 2018-19, while its oil and gas subsidies increased by 65 per cent.

In January 2021, which of the following became the second Indian company to hit ₹12 trillion in market capitalisation?

Max Life Saral Pension plan is available to customers in the entry age group of which of the following years?

Life Insurance Council has decided to launch the Indian life insurance industry’s first joint mass media campaign with the slogan __________.

Businesses with a monthly turnover of over how many rupees (in lakhs) will have to mandatorily pay at least 1 per cent of their GST liability in cash?

In May 2021, the Income Tax Department has issued over how many rupees (in crores) of refunds to more than 13 lakh taxpayers so far this fiscal year?

According to report, what is the estimated valuation of India's Fintech Companies by 2025?

As per the statement of CEO and chairman of Coca-Cola Co., India is the ________th largest market by volume for Coca-Cola, which sold 1 billion unit cases in the country in 2019.

In November 2020, Biocon has approved a ₹1,125-crore ($150 million) capital injection from which of the following in its subsidiary Biocon Biologics?

CCEA has given its in-principle approval for strategic disinvestment along with the transfer of management control in IDBI Bank Ltd. LIC own how much per cent of the equity of IDBI Bank?

________, with India’s worst-bad loan ratio will sell 100 billion rupees of stressed assets.

Government has infused a capital of Rs.205 crore into which bank in March 2019?

In February 2020, which of the following has received permission from the National Payments Corporation of India (NPCI) to expand its pilot UPI services to 10 million users?

How much is the estimated quantity of food grain production in India 2017 - 18?

In September 2020, Alintosch Pharmaceuticals Pvt Ltd, a Baidyanath group company picks-up how much per cent stake in Vikas Multicorp Ltd?

In Jan 2021, Shivalik Small Finance Bank (SSFB) has received a license from which of the following to carry on banking business as a Small Finance Bank (SFB) in India?

As per the data released by the Commerce and Industry Ministry, Wholesale Price Index (WPI) deflation in primary articles was how much per cent in April 2020, as against inflation of 3.72% in March 2020?

By April 2021, Banks in India have crossed the milestone of how many trillion in deposits?

In Jan 2021, Jumbotail, an online wholesale marketplace for food and grocery products, has raised how many million dollars in its latest round of funding?

______ Bank has become the first bank in the country to introduce Iris Scan Authentication feature for Aadhaar-based transactions through its micro ATM tablets.

Ant Group will be the world's biggest, according to pricing determined. Ant Group is based on which of the following countries?

National Company Law Tribunal (NCLT) approved the merger of ________ with Bharat Financial Inclusion (BFIL).

In January 2020, the Department of Telecom (DoT) has approved raising of foreign direct investment in Bharti Airtel to how much per cent from 49 per cent allowed earlier?