In October 2020, which of the following has announced $156 million for Cameroon in an effort to cover up the shortage in the country’s budget and to balance payments due to the COVID-19 pandemic?

Asian Infrastructure Investment Bank

In July 2020, the Mizoram government has launched a mobile application for farmers to give them the latest agriculture-related information. The app will have which of the following features?

Information on cultivation of various crops

Estimated total production in first cultivation

In January 2020, which of the following organisations have approved Rs 7000 cr each to remove black spots and enhance road safety in India?

World Bank and Asian Development Bank

New Development Bank and World Bank

1205 + Mcqs in Business and Economy Page 8 McqOptions

351.	________ has pumped in $250 million to construct one of its largest global workspaces in Bengaluru.
A.	JP Morgan Chase
B.	Barclays
C.	Goldman Sachs
D.	Bank of America Corporation
E.	Morgan Stanley
Answer» D. Bank of America Corporation

Discussion

352.	In 2017, The Union Government announced a recapitalisation plan for public sector banks to infuse capital of _____ over the next two years.
A.	Rs. 31 lakh crore
B.	Rs. 21 lakh crore
C.	Rs. 11.2 lakh crore
D.	Rs. 2.11 lakh crore
Answer» E.

Discussion

353.	In October 2020, which of the following has announced $156 million for Cameroon in an effort to cover up the shortage in the country’s budget and to balance payments due to the COVID-19 pandemic?
A.	World Bank
B.	International Monetary Fund
C.	New Development Bank
D.	Asian Infrastructure Investment Bank
E.	Asian Development Bank
Answer» C. New Development Bank

Discussion

354.	Oil Marketing Companies (OMCs) have announced an Ex-Gratia of Rs ________ lakh each for delivery boys and others working in LPG supply chain.
A.	2
B.	3
C.	4
D.	5
E.	6
Answer» E. 6

Discussion

355.	Fund transfer through Real-Time Gross Settlement and National Electronic Funds Transfer systems became cheaper from 1 July 2019. The NEFT system is for fund transfers of up to Rs. ________ lakh.
A.	1
B.	1.5
C.	2
D.	2.5
E.	No upper limit.
Answer» F.

Discussion

356.	BSNL has collected a record revenue of ₹________ crore from enterprise segment, making it sufficiently funded, which will help in meeting its various requirement.
A.	4,500
B.	5,000
C.	6,500
D.	7,000
E.	7,500
Answer» D. 7,000

Discussion

357.	In April 2020, which bank has extended the bancassurance partnership with Max Life Insurance for the next 5 years?
A.	Axis Bank
B.	Yes Bank
C.	HDFC Bank
D.	ICICI Bank
E.	PNB
Answer» C. HDFC Bank

Discussion

358.	Leading stock exchange NSE will launch its first agricultural commodity futures contract for crude degummed soybean oil in which month?
A.	November 2020
B.	December 2020
C.	January 2021
D.	February 2021
E.	March 2021
Answer» C. January 2021

Discussion

359.	In November 2020, the CCI approved Future Retail Ltd’s asset sale to which of the following?
A.	Tata Group
B.	Reliance Industries Ltd
C.	Flipkart
D.	Adani Group
E.	None of the above
Answer» C. Flipkart

Discussion

360.	As per Emergency Credit Line Guarantee Scheme 4.0, announced in May 2021, the current ceiling of how many rupees of loan outstanding for eligibility under ECLGS 3.0 will be removed?
A.	300 crores
B.	400 crores
C.	500 crores
D.	600 crores
E.	700 crores
Answer» D. 600 crores

Discussion

361.	Baring Private Equity Asia (BPEA) agreed to buy a 30% stake in ________ for about ₹2,627 crore ($381 million) in April 2019.
A.	Zensar Technologies
B.	NIIT Technologies Ltd
C.	Hexaware Technologies
D.	Mindtree
E.	KPIT Technologies
Answer» C. Hexaware Technologies

Discussion

362.	A Chinese company has won a contract to set up hybrid wind and solar energy projects on how many Sri Lankan islands off the northern Jaffna peninsula?
A.	2
B.	3
C.	4
D.	5
E.	6
Answer» C. 4

Discussion

363.	If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is thebreak - even quantity?
A.	20000
B.	10000
C.	15000
D.	12000
Answer» B. 10000

Discussion

364.	Competition Commission of India has approved Bank of India's acquisition of how much percent stake each in BOI AXA Investment Managers (BAIM) and BOI AXA Trustee Services (BATS)?
A.	43
B.	45
C.	49
D.	51
E.	55
Answer» D. 51

Discussion

365.	In March 2020, EPFO has issued directions for timely credit of monthly Pension to Employees’ Pension Scheme pensioners. What does 'P' stand for in EPFO?
A.	Payment
B.	Popular
C.	Portable
D.	Provident
E.	Practice
Answer» E. Practice

Discussion

366.	Bank of Baroda developed an agri-digital platform called ________ in order to provide solutions for all major agricultural requirements.
A.	Indian Kisan
B.	Bhartiya Kisan
C.	Baroda Kisan
D.	Baroda Haat
E.	Kisan Haat
Answer» D. Baroda Haat

Discussion

367.	Adani group's mining company, the Carmichael coalmine in central Queensland in November renamed its Australian operations as 'Bravus'. The name change marked the Indian company's which year in Australia?
A.	8
B.	10
C.	12
D.	15
E.	18
Answer» C. 12

Discussion

368.	Apple Inc has become the first publicly listed US company with a $2 trillion stock market value. Where is Apple Inc headquartered?
A.	Los Angeles
B.	California
C.	Washington
D.	Texas
E.	Florida
Answer» C. Washington

Discussion

369.	Adani Welspun Exploration Ltd (AWEL) has announced its first-ever gas discovery in Nelp-VII block MB-OSN-2005/2 in the Tapti-Daman sector of Mumbai Offshore block. AWEL holds how much percent interest in the block?
A.	100
B.	90
C.	80
D.	70
E.	60
Answer» B. 90

Discussion

370.	In April 2019, Shriram City Union Finance plans to raise up to ₹ ________ crores through non-convertible debentures (NCD).
A.	500
B.	620
C.	750
D.	900
E.	1000
Answer» D. 900

Discussion

371.	As per the data released by the Central Statistics Office, industrial output growth stood at ________% in January 2019.
A.	1.2
B.	1.7
C.	1.9
D.	2.2
E.	2.4
Answer» C. 1.9

Discussion

372.	By end- April 2021, Agriculture Infrastructure Fund has crossed how many rupees (in crores) mark?
A.	5000
B.	6000
C.	7000
D.	8000
E.	9000
Answer» E. 9000

Discussion

373.	According to Airtel Africa, which of the following would invest USD 100 million in its wholly-owned subsidiary Airtel Mobile Commerce BV (AMC BV)?
A.	Mastercard
B.	Visa
C.	American Express
D.	Capital One
E.	Microsoft Corporation
Answer» B. Visa

Discussion

374.	As per Takehiko Nakao, President and Chairperson, ADB, the Asia-Pacific region is expected to power ahead growing at ________% this year.
A.	5.1
B.	5.5
C.	5.7
D.	5.9
E.	6.3
Answer» D. 5.9

Discussion

375.	In February 2020, the Punjab government presented a Rs 1.54 lakh crore budget for the financial year 2020-21 in the state assembly. Who is the Finance Minister of Punjab?
A.	Manpreet Singh Badal
B.	Navjot Singh Sidhu
C.	Manish Tewari
D.	Amrinder Singh Raja Warring
E.	Bikram Singh Majithia
Answer» B. Navjot Singh Sidhu

Discussion

376.	In July 2020, the Mizoram government has launched a mobile application for farmers to give them the latest agriculture-related information. The app will have which of the following features?
A.	Information on cultivation of various crops
B.	Maximum requirement for seeds
C.	Estimated total production in first cultivation
D.	Both 1 and 2
E.	All 1, 2 and 3
Answer» F.

Discussion

377.	In December 2020, which of the following has announced a collaboration with TES-AMM, an electronic waste recycling service provider?
A.	NEXA
B.	MG Motor India Pvt. Ltd
C.	BMW India Private Limited
D.	General Motors
E.	T & T Motors
Answer» C. BMW India Private Limited

Discussion

378.	In January 2020, which of the following organisations have approved Rs 7000 cr each to remove black spots and enhance road safety in India?
A.	World Bank and IMF
B.	World Bank and Asian Development Bank
C.	New Development Bank and IMF
D.	IMF and Asian Development Bank
E.	New Development Bank and World Bank
Answer» C. New Development Bank and IMF

Discussion

379.	In May 2020, which state has raised the price of petrol by two rupees per litre and of diesel by one rupee per litre?
A.	Karnataka
B.	Uttar Pradesh
C.	Sikkim
D.	Gujarat
E.	Rajasthan
Answer» C. Sikkim

Discussion

380.	As per the Central Statistic Office, the Indian economy is expected to grow at ________ in 2018-19 due to improvement in the performance of agriculture and manufacturing sectors.
A.	7%
B.	7.2%
C.	8%
D.	6%
E.	8.5%
Answer» C. 8%

Discussion

381.	In December 2020, the government has used financial innovation to recapitalise Punjab & Sind Bank by issuing the lender how many rupees (in crores) worth of non-interest bearing bonds valued at par?
A.	4,000
B.	4,500
C.	5,000
D.	5,500
E.	6,000
Answer» E. 6,000

Discussion

382.	According to the government data, India's gross domestic product grew at how much per cent in January to March quarter of the last fiscal year (2020-21)?
A.	1.2
B.	1.6
C.	2.0
D.	2.4
E.	2.8
Answer» C. 2.0

Discussion

383.	Except which of the following countries, have the major oil producers agreed to cut output in May and June 2020 by 10 million barrels per day?
A.	Mexico
B.	Venezuela
C.	Saudi Arabia
D.	Oman
E.	Iran
Answer» B. Venezuela

Discussion

384.	In October 2020, DLF Cyber City Developers Ltd (DCCDL), the rental arm of India’s largest real estate firm DLF Ltd, has raised ₹2,400 crores from which bank?
A.	SBI
B.	PNB
C.	Yes Bank
D.	HDFC Bank
E.	ICICI Bank
Answer» B. PNB

Discussion

385.	How many West African nations agreed to change the name of their common currency from ‘CFA Franc’ to ‘Eco’ in December 2019?
A.	7
B.	8
C.	5
D.	6
Answer» C. 5

Discussion

386.	In April 2017, ﬁve associate banks and Bharatiya Mahila Bank were merged with the State Bank of India (SBI). What is the approximate Balance sheet size of SBI following the merger?
A.	Rs. 41 lakh crore
B.	Rs. 55 lakh crore
C.	Rs. 65 lakh crore
D.	Rs 75 lakh crore
Answer» B. Rs. 55 lakh crore

Discussion

387.	India's total export of IT, ITES and BPO services grew by how much in 2014-15, according to RBI data?
A.	14.8%
B.	15.2%
C.	14.2%
D.	16.9%
Answer» B. 15.2%

Discussion

388.	In May 2020, under the 'Uttar Pradesh Startup Fund', Yogi Adityanath handed over the first instalment of Rs 15 crore to which of the following?
A.	NABARD
B.	RBI
C.	SIDBI
D.	NHB
E.	SBI
Answer» D. NHB

Discussion

389.	In August 2018, India and which country signed the 'Second Protocol' amending the Comprehensive Economic Cooperation Agreement (CERA) to promote trade relations between the two?
A.	America
B.	South Korea
C.	Singapore
D.	China
Answer» D. China

Discussion

390.	DLF will invest around how many rupees (in crores) over the next 18 months to develop a data centre in Noida as it seeks to encash rising demand for data storage capacity?
A.	110
B.	130
C.	150
D.	170
E.	190
Answer» C. 150

Discussion

391.	According to Ministry of Commerce and Industry's data, Foreign Direct Investment into India contracted by _______% to US$ 33.49 billion during April-December in the current fiscal.
A.	5
B.	6
C.	7
D.	8
E.	9
Answer» D. 8

Discussion

392.	In March 2021, Bharti Airtel has picked up radiowaves worth how many rupees (in crores) in an auction?
A.	14,708
B.	16,908
C.	18,699
D.	20,789
E.	22,703
Answer» D. 20,789

Discussion

393.	Heritage Foods sold its holding of about how much per cent in Future Retail for around Rs 132 crores?
A.	2
B.	3
C.	4
D.	5
E.	6
Answer» C. 4

Discussion

394.	Around how many rupees (in crores) was paid to over 41,000 farmers for procurement of paddy on Minimum Support Price?
A.	980
B.	1082
C.	1134
D.	1398
E.	1523
Answer» C. 1134

Discussion

395.	Bangalore International Airport Limited, the operator of Kempegowda International Airport, has donated how many customised portable cabins to city police as part of its CSR initiative?
A.	3
B.	5
C.	7
D.	9
E.	11
Answer» D. 9

Discussion

396.	Finance Minister N Sitharaman has announced ₹1.41 lakh crore for the Urban Swachh Bharat Mission 2.0, which will be completed over a span of how many years from 2021?
A.	3
B.	4
C.	5
D.	6
E.	7
Answer» D. 6

Discussion

397.	India's economy is likely to rebound with how much per cent growth in the next financial year as it makes a 'V-shaped' recovery after witnessing a pandemic-led carnage?
A.	5
B.	7
C.	9
D.	11
E.	13
Answer» E. 13

Discussion

398.	Government has procured more than how many lakh tonnes of paddy in the current Kharif marketing season?
A.	300
B.	400
C.	500
D.	600
E.	700
Answer» E. 700

Discussion

399.	Paytm Payments Bank Ltd (PPBL) registered over how many million digital transactions in March 2021?
A.	760
B.	880
C.	970
D.	1090
E.	1130
Answer» D. 1090

Discussion

400.	In October 2020, which bank has gone live as a ‘Financial Information Provider’ (FIP) under the new ‘Account Aggregator Framework’ of the Reserve Bank of India (RBI)?
A.	ICICI Bank
B.	IndusInd Bank
C.	RBL Bank
D.	Bandhan Bank
E.	Canara Bank
Answer» C. RBL Bank

Discussion

Explore topic-wise MCQs in Current Affairs.

________ has pumped in $250 million to construct one of its largest global workspaces in Bengaluru.

In 2017, The Union Government announced a recapitalisation plan for public sector banks to infuse capital of _____ over the next two years.

In October 2020, which of the following has announced $156 million for Cameroon in an effort to cover up the shortage in the country’s budget and to balance payments due to the COVID-19 pandemic?

Oil Marketing Companies (OMCs) have announced an Ex-Gratia of Rs ________ lakh each for delivery boys and others working in LPG supply chain.

Fund transfer through Real-Time Gross Settlement and National Electronic Funds Transfer systems became cheaper from 1 July 2019. The NEFT system is for fund transfers of up to Rs. ________ lakh.

BSNL has collected a record revenue of ₹________ crore from enterprise segment, making it sufficiently funded, which will help in meeting its various requirement.

In April 2020, which bank has extended the bancassurance partnership with Max Life Insurance for the next 5 years?

Leading stock exchange NSE will launch its first agricultural commodity futures contract for crude degummed soybean oil in which month?

In November 2020, the CCI approved Future Retail Ltd’s asset sale to which of the following?

As per Emergency Credit Line Guarantee Scheme 4.0, announced in May 2021, the current ceiling of how many rupees of loan outstanding for eligibility under ECLGS 3.0 will be removed?

Baring Private Equity Asia (BPEA) agreed to buy a 30% stake in ________ for about ₹2,627 crore ($381 million) in April 2019.

A Chinese company has won a contract to set up hybrid wind and solar energy projects on how many Sri Lankan islands off the northern Jaffna peninsula?

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is thebreak - even quantity?

Competition Commission of India has approved Bank of India's acquisition of how much percent stake each in BOI AXA Investment Managers (BAIM) and BOI AXA Trustee Services (BATS)?

In March 2020, EPFO has issued directions for timely credit of monthly Pension to Employees’ Pension Scheme pensioners. What does 'P' stand for in EPFO?

Bank of Baroda developed an agri-digital platform called ________ in order to provide solutions for all major agricultural requirements.

Adani group's mining company, the Carmichael coalmine in central Queensland in November renamed its Australian operations as 'Bravus'. The name change marked the Indian company's which year in Australia?

Apple Inc has become the first publicly listed US company with a $2 trillion stock market value. Where is Apple Inc headquartered?

Adani Welspun Exploration Ltd (AWEL) has announced its first-ever gas discovery in Nelp-VII block MB-OSN-2005/2 in the Tapti-Daman sector of Mumbai Offshore block. AWEL holds how much percent interest in the block?

In April 2019, Shriram City Union Finance plans to raise up to ₹ ________ crores through non-convertible debentures (NCD).

As per the data released by the Central Statistics Office, industrial output growth stood at ________% in January 2019.

By end- April 2021, Agriculture Infrastructure Fund has crossed how many rupees (in crores) mark?

According to Airtel Africa, which of the following would invest USD 100 million in its wholly-owned subsidiary Airtel Mobile Commerce BV (AMC BV)?

As per Takehiko Nakao, President and Chairperson, ADB, the Asia-Pacific region is expected to power ahead growing at ________% this year.

In February 2020, the Punjab government presented a Rs 1.54 lakh crore budget for the financial year 2020-21 in the state assembly. Who is the Finance Minister of Punjab?

In July 2020, the Mizoram government has launched a mobile application for farmers to give them the latest agriculture-related information. The app will have which of the following features?

In December 2020, which of the following has announced a collaboration with TES-AMM, an electronic waste recycling service provider?

In January 2020, which of the following organisations have approved Rs 7000 cr each to remove black spots and enhance road safety in India?

In May 2020, which state has raised the price of petrol by two rupees per litre and of diesel by one rupee per litre?

As per the Central Statistic Office, the Indian economy is expected to grow at ________ in 2018-19 due to improvement in the performance of agriculture and manufacturing sectors.

In December 2020, the government has used financial innovation to recapitalise Punjab & Sind Bank by issuing the lender how many rupees (in crores) worth of non-interest bearing bonds valued at par?

According to the government data, India's gross domestic product grew at how much per cent in January to March quarter of the last fiscal year (2020-21)?

Except which of the following countries, have the major oil producers agreed to cut output in May and June 2020 by 10 million barrels per day?

In October 2020, DLF Cyber City Developers Ltd (DCCDL), the rental arm of India’s largest real estate firm DLF Ltd, has raised ₹2,400 crores from which bank?

How many West African nations agreed to change the name of their common currency from ‘CFA Franc’ to ‘Eco’ in December 2019?

In April 2017, ﬁve associate banks and Bharatiya Mahila Bank were merged with the State Bank of India (SBI). What is the approximate Balance sheet size of SBI following the merger?

India's total export of IT, ITES and BPO services grew by how much in 2014-15, according to RBI data?

In May 2020, under the 'Uttar Pradesh Startup Fund', Yogi Adityanath handed over the first instalment of Rs 15 crore to which of the following?

In August 2018, India and which country signed the 'Second Protocol' amending the Comprehensive Economic Cooperation Agreement (CERA) to promote trade relations between the two?

DLF will invest around how many rupees (in crores) over the next 18 months to develop a data centre in Noida as it seeks to encash rising demand for data storage capacity?

According to Ministry of Commerce and Industry's data, Foreign Direct Investment into India contracted by _______% to US$ 33.49 billion during April-December in the current fiscal.

In March 2021, Bharti Airtel has picked up radiowaves worth how many rupees (in crores) in an auction?

Heritage Foods sold its holding of about how much per cent in Future Retail for around Rs 132 crores?

Around how many rupees (in crores) was paid to over 41,000 farmers for procurement of paddy on Minimum Support Price?

Bangalore International Airport Limited, the operator of Kempegowda International Airport, has donated how many customised portable cabins to city police as part of its CSR initiative?

Finance Minister N Sitharaman has announced ₹1.41 lakh crore for the Urban Swachh Bharat Mission 2.0, which will be completed over a span of how many years from 2021?

India's economy is likely to rebound with how much per cent growth in the next financial year as it makes a 'V-shaped' recovery after witnessing a pandemic-led carnage?

Government has procured more than how many lakh tonnes of paddy in the current Kharif marketing season?

Paytm Payments Bank Ltd (PPBL) registered over how many million digital transactions in March 2021?

In October 2020, which bank has gone live as a ‘Financial Information Provider’ (FIP) under the new ‘Account Aggregator Framework’ of the Reserve Bank of India (RBI)?