Banking, Finance & Economy Current Affairs Quiz – November 11,2022
November 11, 2022 November 11, 2022
1. How many crores worth of shares did LIC buy on the open market to increase its stake in Voltas by 2%?
[A] Rs. 535 crore
[B] Rs. 635 crore
[C] Rs. 735 crore
[D] Rs. 835 crore
Show Answer
Correct Answer: B [Rs. 635 crore]
Notes:
LIC buys additional stake in Voltas for Rs 635 crore. Life Insurance Corporation of India (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake.
2. Which of the following banks has partnered with the Business Association of Nagas (BAN) to provide funding to 1000 businesses in Nagaland?
[A] Indian Bank
[B] Axis Bank
[C] State Bank of India
[D] HDFC Bank
Show Answer
Correct Answer: C [State Bank of India]
Notes:
The State Bank of India (SBI) in collaboration with the Business Association of Nagas (BAN) has decided to help 1000 entrepreneurs with financing. An MoU has been signed between the two parties to facilitate ease of doing business and finance MSMEs of Naga entrepreneurs in the state.
3. Which of the following organizations has partnered with the Bureau of Energy Efficiency (BEE) to promote energy efficiency finance for MSMEs in November 2022?
[A] SIDBI
[B] SEBI
[C] IRDAI
[D] RBI
Show Answer
Correct Answer: A [SIDBI]
Notes:
The Bureau of Energy Efficiency (BEE) and Small Industries Development Bank of India (SIDBI) have partnered to promote energy efficiency financing for MSMEs.
4. Who recently designated many Census-related databases as Critical Information Infrastructure (CII)?
[A] Ministry of Home Affairs
[B] Ministry of Finance
[C] Ministry of Corporate Affairs
[D] Ministry of Education
Show Answer
Correct Answer: A [Ministry of Home Affairs]
Notes:
The Ministry of Home Affairs (MHA) declared several databases related to Census as Critical Information Infrastructure (CII). The MHA designated certain databases as CII that were related to Census and the National Population Register (NPR).The decision was made by the MHA by exercising the powers granted to it under the IT Act 2000.
5. Who partnered with the Global Energy Alliance for People and Planet (GEAPP) to finance the transition to green energy?
[A] ADB
[B] AIIB
[C] NDB
[D] World Bank
Show Answer
Correct Answer: B [AIIB]
Notes:
The Asian Infrastructure Investment Bank (AIIB) and the Global Energy Alliance for People and Planet (GEAPP) partnered for the financing of green energy transition and renewable energy products.
