 
			 
			MCQOPTIONS
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				This section includes 17 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. | How much amount will be provided by NITI Aayog to every district to encourage digital payment system? | 
| A. | Rs 1 lakh | 
| B. | Rs 2 lakh | 
| C. | Rs 5 lakh | 
| D. | Rs 10 lakh | 
| Answer» D. Rs 10 lakh | |
| 2. | As per reports, India received the Foreign Direct Investment (FDI) of what amount between April 2000 and September 2016? | 
| A. | 150 billion US dollar | 
| B. | 300 billion US dollar | 
| C. | 640 billion US dollar | 
| D. | 900 billion US dollar | 
| Answer» D. 900 billion US dollar | |
| 3. | What amount of financial assistance will be granted to the pregnant women who undergo institutional delivery under Maternity Benefit Scheme as per Budget 2017? | 
| A. | Rs 2000 | 
| B. | Rs 4000 | 
| C. | Rs 6000 | 
| D. | Rs 8000 | 
| Answer» D. Rs 8000 | |
| 4. | Which insurance company has come up with India's first ever insurance cover for individual victims of cyber crime? | 
| A. | ICICI | 
| B. | Muthoot Finance | 
| C. | LIC | 
| D. | Bajaj Allianz | 
| Answer» E. | |
| 5. | The government approved a pact between the __________ and Chartered Professional Accountants, Canada. | 
| A. | IMA | 
| B. | ASFE | 
| C. | FICCI | 
| D. | ICAI | 
| Answer» E. | |
| 6. | When was the Securities and Exchange Board of India (SEBI) founded? | 
| A. | 12 April 1988 | 
| B. | 30 Jan 1992 | 
| C. | 26 Jan 1992 | 
| D. | 30 Mar 1992 | 
| Answer» B. 30 Jan 1992 | |
| 7. | Which of the following best describes the balance sheet? | 
| A. | It includes a listing of assets at their market values. | 
| B. | It includes a listing of assets, liabilities, and stockholders' equity at their market values. | 
| C. | It provides information pertaining to a company's assets and the claims against sources of financing for those assets. | 
| D. | It provides information pertaining to a company's liabilities for a period of time. | 
| Answer» C. It provides information pertaining to a company's assets and the claims against sources of financing for those assets. | |
| 8. | Which of the following banks has signed a MoU with Indian Army for customized services? | 
| A. | Indian bank | 
| B. | Bank of Baroda | 
| C. | Canara Bank | 
| D. | State Bank of India | 
| Answer» C. Canara Bank | |
| 9. | Monetary Policy Committee (MPC) has decided to reduce the policy repo rate, what is the rate now? | 
| A. | 5.15% | 
| B. | 5.40% | 
| C. | 5.55% | 
| D. | 5.40% | 
| Answer» B. 5.40% | |
| 10. | How much allowances have been approved by the government for JK, Ladakh employees? | 
| A. | Rs.4,800 crores | 
| B. | Rs.3,800 crores | 
| C. | Rs.2,800 crores | 
| D. | Rs.1,800 crores | 
| Answer» B. Rs.3,800 crores | |
| 11. | Cabinet approves hike in authorized capital of India Infrastructure Finance Company Limited (IIFCL) from Rs 6,000 crore to? | 
| A. | Rs 45,000 crore | 
| B. | Rs 35,000 crore | 
| C. | Rs 25,000 crore | 
| D. | Rs 55,000 crore | 
| Answer» D. Rs 55,000 crore | |
| 12. | Hyundai Motor India Limited partnered with which bank to offer industry 1st online auto retail financing on its end-to-end online automotive retail platform, 'Click to Buy' to the customers? | 
| A. | HDFC Bank | 
| B. | Axis Bank | 
| C. | DCB Bank | 
| D. | Federal Bank | 
| Answer» B. Axis Bank | |
| 13. | The Cabinet has also approved a scheme for interest subvention of how much percent for a period of 12 months to all Shishu loan accounts under Pradhan Mantri Mudra Yojana to eligible borrowers? | 
| A. | 4% | 
| B. | 3% | 
| C. | 2% | 
| D. | 1% | 
| Answer» D. 1% | |
| 14. | The State Bank of India allocated how much amount towards the fight against Covid 19? | 
| A. | Rs.70 cr | 
| B. | Rs.92 cr | 
| C. | Rs.71 cr | 
| D. | Rs.60 cr | 
| Answer» D. Rs.60 cr | |
| 15. | Government aims to gradually increase the public health expenditure to what percent of Gross Domestic Product by 2025? | 
| A. | 1.5% | 
| B. | 3.5% | 
| C. | 4.5% | 
| D. | 2.5% | 
| Answer» E. | |
| 16. | Which of the following organisation has introduced the flagship initiative Liberalised MSME AEO Package scheme? | 
| A. | CBIC | 
| B. | ONGC | 
| C. | Niti Aayog | 
| D. | Ministry of Planning | 
| Answer» B. ONGC | |
| 17. | Who has been appointed as the 1st chairman of the International Financial Services Centre Authority for a 3 years term? | 
| A. | Injeti Srinivas | 
| B. | Sumanta Chaudhury | 
| C. | Anant Narayan Nanda | 
| D. | Arun Goel | 
| Answer» B. Sumanta Chaudhury | |