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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.
| 101. |
In October 2020, the World Bank (International Bank for Reconstruction and Development, IBRD) issued an AU$150 million Sustainable Development Bond of how many years?. |
| A. | 7 |
| B. | 10 |
| C. | 12 |
| D. | 15 |
| E. | 18 |
| Answer» E. 18 | |
| 102. |
PM Narendra Modi has launched agriculture infrastructure fund of how many rupees (in crores) to give a leg up to post-harvest management and marketing of agricultural produce? |
| A. | 1 lakh |
| B. | 2 lakh |
| C. | 3 lakh |
| D. | 4 lakh |
| E. | 5 lakh |
| Answer» B. 2 lakh | |
| 103. |
In August 2020, the RBI has released a national strategy for financial education to be implemented in next how many years? |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| E. | 6 |
| Answer» E. 6 | |
| 104. |
In June 2021, which of the following announced a ₹15-crore grant to support the Dabbawalas of Mumbai, who have been without work since the beginning of the pandemic in March 2020? |
| A. | American Express |
| B. | Deutsche Bank |
| C. | HSBC |
| D. | Citi Bank |
| E. | Standard Chartered Bank |
| Answer» D. Citi Bank | |
| 105. |
Data presented in Interim Budget for 2014 - 2015 reveal that for the financial year 2013 - 2014, the revised estimates do not show a decline in: |
| A. | Revenue deficit |
| B. | Effective revenue deficit |
| C. | Fiscal deficit |
| D. | Primary deficit |
| Answer» C. Fiscal deficit | |
| 106. |
In March 2020, Employees' Provident Fund Organization (EPFO) lowered the interest rate on provident fund deposits to how much per cent for the current financial year? |
| A. | 8.2 |
| B. | 8.3 |
| C. | 8.4 |
| D. | 8.5 |
| E. | 8.6 |
| Answer» E. 8.6 | |
| 107. |
According to a report by SBI Research's Ecowrap, the country's economic growth is likely to fall sharply to how much per cent in 2020-21 due to lockdown amid the coronavirus pandemic? |
| A. | 3.4 |
| B. | 3.0 |
| C. | 2.8 |
| D. | 2.6 |
| E. | 2.2 |
| Answer» E. 2.2 | |
| 108. |
Axis Mutual Fund has launched a new fund offer of ‘Axis Banking ETF’. What does T stands for in ETF? |
| A. | Trust |
| B. | Track |
| C. | Trace |
| D. | Trade |
| E. | Traded |
| Answer» F. | |
| 109. |
Biological E is looking at contract-manufacturing of how many crore doses of Johnson & Johnson Covid vaccine a year? |
| A. | 40 |
| B. | 50 |
| C. | 60 |
| D. | 70 |
| E. | 80 |
| Answer» D. 70 | |
| 110. |
In Feb 2021, PHD Chamber of Commerce and Industry has signed an agreement with which of the following to facilitate providing of various credit and other schemes to micro, small and medium enterprises in the country? |
| A. | SIDBI |
| B. | RBI |
| C. | NABARD |
| D. | SEBI |
| E. | IRDAI |
| Answer» B. RBI | |
| 111. |
In February 2020, which of the following has replaced SBI to become India's tenth most-valued firm by market capitalisation on the BSE? |
| A. | HDFC Bank |
| B. | Bajaj Finance Ltd |
| C. | Indiabulls |
| D. | Blue Dart |
| E. | Bank of India |
| Answer» C. Indiabulls | |
| 112. |
In November 2020, which of the following announced the launch of its Global Partners Program that spurs wider availability and mass adoption of digital assets? |
| A. | Aliant Payments |
| B. | Apple Pay |
| C. | Aurus |
| D. | NeoBenk |
| E. | Global Payments |
| Answer» E. Global Payments | |
| 113. |
Max Financial Services Limited (MFSL) has swapped its how much per cent stake in Max Life Insurance Company Limited (Max Life)? |
| A. | 15.93 |
| B. | 17.39 |
| C. | 19.51 |
| D. | 21.87 |
| E. | 23.07 |
| Answer» E. 23.07 | |
| 114. |
Finance Minister Nirmala Sitharaman has announced incentives worth how many rupees (in crores) to further drive adoption of such cashless modes of payment? |
| A. | 800 |
| B. | 1000 |
| C. | 1200 |
| D. | 1500 |
| E. | 1800 |
| Answer» E. 1800 | |
| 115. |
Moody's Investors Service cut its India GDP growth forecast for calendar year 2019 from 6.8% to ________ in August 2019. |
| A. | 5.9% |
| B. | 6.2% |
| C. | 5.2% |
| D. | 6.6% |
| Answer» C. 5.2% | |
| 116. |
In April 2020, the Centre froze the dearness allowance (DA) for its 4.8 million employees and 6.5 million pensioners at ________ per cent till July 1, 2021. |
| A. | 13 |
| B. | 15 |
| C. | 17 |
| D. | 19 |
| E. | 21 |
| Answer» D. 19 | |
| 117. |
In which year was RBI nationalized? |
| A. | 1969 |
| B. | 1947 |
| C. | 1949 |
| D. | 1974 |
| Answer» D. 1974 | |
| 118. |
Nasscom is launching an ‘AI Gamechangers’ program to promote artificial intelligence (AI)-led innovation in the country. Which of the following is the innovation partner for the program? |
| A. | Apple |
| B. | Adobe |
| C. | Microsoft |
| D. | Dell |
| E. | IBM |
| Answer» D. Dell | |
| 119. |
On January 3, 2018, RBI initiated ‘PCA’ against the Allahabad Bank. How many public sector banks have been covered under ‘PCA’? |
| A. | 18 |
| B. | 17 |
| C. | 11 |
| D. | 15 |
| Answer» D. 15 | |
| 120. |
In November 2020, which of the following has set up an expert group to review the framework of share-based employee benefit and the issue of sweat equity? |
| A. | RBI |
| B. | SEBI |
| C. | NABARD |
| D. | SIDBI |
| E. | NHB |
| Answer» C. NABARD | |
| 121. |
In October 2019, the Centre has reduced the interest on House Building Advance from 8.5% to ________% for its employees. |
| A. | 8.2 |
| B. | 8.1 |
| C. | 8.0 |
| D. | 7.9 |
| E. | 7.8 |
| Answer» E. 7.8 | |
| 122. |
As per a report, India's fast moving consumer goods (FMCG) industry is likely to grow at a slower pace at ________% in 2019. |
| A. | 9-10 |
| B. | 10-11 |
| C. | 11-12 |
| D. | 12-13 |
| E. | 13-14 |
| Answer» D. 12-13 | |
| 123. |
Fitch Solutions has projected the government's fiscal deficit to slip to ________% of GDP in 2019-2020 fiscal. |
| A. | 3.2 |
| B. | 3.4 |
| C. | 3.6 |
| D. | 3.8 |
| E. | 4.0 |
| Answer» D. 3.8 | |
| 124. |
India's steel export to the US in 2018 declined by ________% to USD 372 million. |
| A. | 32 |
| B. | 38 |
| C. | 43 |
| D. | 49 |
| E. | 58 |
| Answer» E. 58 | |
| 125. |
India has contributed how many US dollars (in millions) to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA)? |
| A. | 1 |
| B. | 1.5 |
| C. | 2 |
| D. | 2.5 |
| E. | 3 |
| Answer» D. 2.5 | |
| 126. |
Government has increased funds allocation for drug de-addiction measures to Rs ________ crore from Rs 33 crore in 2014. |
| A. | 90 |
| B. | 105 |
| C. | 135 |
| D. | 140 |
| E. | 155 |
| Answer» D. 140 | |
| 127. |
In April 2020, RBI launched latest round of quarterly order books, inventories and capacity utilisation survey of the manufacturing sector. Since which year has RBI been conducting the survey on a quarterly basis? |
| A. | 2000 |
| B. | 2004 |
| C. | 2008 |
| D. | 2012 |
| E. | 2016 |
| Answer» D. 2012 | |
| 128. |
According to FICCI's economic outlook, the country's median GDP is forecast at ________ percent for FY20. |
| A. | 7 |
| B. | 6.5 |
| C. | 6.6 |
| D. | 7.1 |
| E. | 7.2 |
| Answer» E. 7.2 | |
| 129. |
In 2017-18, the monthly per-capita income was ________. |
| A. | ₹9,500 |
| B. | ₹9,800 |
| C. | ₹9,780 |
| D. | ₹9,580 |
| E. | ₹9,340 |
| Answer» E. ₹9,340 | |
| 130. |
According to the Economic Survey of 2017-18, the share of MSME sector in the country’s Gross value Added (GVA) is _______. |
| A. | 23% |
| B. | 32% |
| C. | 18% |
| D. | 42% |
| Answer» C. 18% | |
| 131. |
Canara Bank has introduced LMS with the motive of building and sustaining Business Relationship. What does 'L' stand for in LMS? |
| A. | Last |
| B. | Life |
| C. | Lead |
| D. | Local |
| E. | Long |
| Answer» D. Local | |
| 132. |
In March 2021, which of the following has made a strategic investment of $500,000 in esports platform Indian Gaming League (IGL)? |
| A. | Hungama |
| B. | Hindustan Talkies |
| C. | 9XM |
| D. | Both 1 and 2 |
| E. | Both 1 and 3 |
| Answer» E. Both 1 and 3 | |
| 133. |
According to data released by the Commerce Ministry, India's exports grew by ________% year-on-year to 26.67 billion dollars. |
| A. | 2.26 |
| B. | 2.44 |
| C. | 2.64 |
| D. | 2.80 |
| E. | 3.20 |
| Answer» C. 2.64 | |
| 134. |
In May 2021, the central government has garnered Rs. 3,994 crore from its stake sale in which bank? |
| A. | HDFC Bank |
| B. | Yes Bank |
| C. | ICICI Bank |
| D. | Axis Bank |
| E. | PNB |
| Answer» E. PNB | |
| 135. |
Edtech platform Unacademy burst into the unicorn club in September 2020 following a $150 million fundraising led by which of the following? |
| A. | T-Mobile |
| B. | SoftBank |
| C. | WeWork |
| D. | KDDI |
| E. | Microsoft |
| Answer» C. WeWork | |
| 136. |
In June 2020, Reliance Industries (RIL) is a net debt-free company, after having raised how many rupees (in trillions) against its net debt of Rs1.61 trillion? |
| A. | 1.67 |
| B. | 1.71 |
| C. | 1.75 |
| D. | 1.83 |
| E. | 1.89 |
| Answer» D. 1.83 | |
| 137. |
A unit of Vedanta Resources will issue how many million in notes to an entity under Oaktree Capital Group? |
| A. | 100 |
| B. | 200 |
| C. | 300 |
| D. | 400 |
| E. | 500 |
| Answer» E. 500 | |
| 138. |
In April 2020, which of the following has issued over 10 lakh refunds worth Rs 4,250 crore in a week? |
| A. | RBI |
| B. | Central Board of Direct Taxes |
| C. | SEBI |
| D. | GST Council |
| E. | None of the above |
| Answer» C. SEBI | |
| 139. |
National Council of Applied Economic Research expects the country’s economic growth rate to _______ in FY20, from 6.8% in FY19. |
| A. | 6% |
| B. | 6.2% |
| C. | 5% |
| D. | 5.9% |
| E. | 6.5% |
| Answer» C. 5% | |
| 140. |
In May 2020, which bank has launched a special fixed deposit (FD) scheme for senior citizens called Senior Citizen Care FD scheme? |
| A. | ICICI Bank |
| B. | Yes Bank |
| C. | SBI |
| D. | HDFC Bank |
| E. | PNB |
| Answer» E. PNB | |
| 141. |
As per the Fisheries Department, India is the second largest fish producing country in the world as it accounts for ________ of the global fish production. |
| A. | 6.3% |
| B. | 6% |
| C. | 5% |
| D. | 5.9% |
| E. | 5.5% |
| Answer» B. 6% | |
| 142. |
HDFC ERGO General Insurance has introduced Business Kisht Suraksha to protect the balance sheet of MFIs. What does 'I' stand for in MFIs? |
| A. | Indicators |
| B. | Institutions |
| C. | Important |
| D. | Initial |
| E. | Intermediate |
| Answer» C. Important | |
| 143. |
______ city tops the list of top 10 richest cities in India, with a GDP of $ 209 billion. |
| A. | New Delhi |
| B. | Mumbai |
| C. | Bengaluru |
| D. | Kolkata |
| Answer» C. Bengaluru | |
| 144. |
Foreign currency account refers to a bank account held or maintained in currency other than the currency of India or ________ or ________. |
| A. | Bangladesh, Nepal |
| B. | Nepal, Bhutan |
| C. | Bhutan, Bangladesh |
| D. | Myanmar, Bhutan |
| E. | Sri Lanka, Bhutan |
| Answer» C. Bhutan, Bangladesh | |
| 145. |
HDFC Mutual Fund has launched HDFC Dividend Yield Fund. Where is HDFC Bank headquartered? |
| A. | Delhi |
| B. | Pune |
| C. | Mumbai |
| D. | Kolkata |
| E. | Chennai |
| Answer» D. Kolkata | |
| 146. |
In the Union Budget for 2021-22, the allocation for the Defence services has been increased to how many rupees (in crores) compared to ₹4.71 lakh crore in the 2020-21 budget? |
| A. | 4.74 |
| B. | 4.76 |
| C. | 4.78 |
| D. | 4.80 |
| E. | 4.82 |
| Answer» D. 4.80 | |
| 147. |
In the ongoing Kharif Marketing Season (KMS), the government has procured how much per cent more paddy so far in comparison to the corresponding period in 2020? |
| A. | 11.15 |
| B. | 12.33 |
| C. | 13.51 |
| D. | 14.41 |
| E. | 15.61 |
| Answer» D. 14.41 | |
| 148. |
Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance in collaboration launched their first product ________. |
| A. | Indian Insurance |
| B. | Total Health Secure Goal |
| C. | Insurance for All |
| D. | Complete coverage Insurance |
| E. | Health Goals 2020 |
| Answer» C. Insurance for All | |
| 149. |
By mid- May 2020, e-NAM platform has reached a milestone of one thousand Mandis across ________ States and three Union Territories. |
| A. | 12 |
| B. | 14 |
| C. | 16 |
| D. | 18 |
| E. | 20 |
| Answer» E. 20 | |
| 150. |
India registered about ________% growth in export of leather, leather products and footwear during 2018-19. |
| A. | 6 |
| B. | 7 |
| C. | 8 |
| D. | 9 |
| E. | 10 |
| Answer» D. 9 | |