Banking, Finance & Economy Current Affairs Quiz -December 10, 2022
December 10, 2022 December 10, 2022
1. According to the RBI, India’s GDP growth rate for FY23 is predicted to be?
[A] 7.0%
[B] 6.8%
[C] 6.5%
[D] 6.0%
Show Answer
Correct Answer: B [6.8%]
Notes:
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) released the Monetary Policy Statement, 2022-23 Resolution of the MPC.
2. Which of the following countries recently signed a USD 3 million Project Readiness Financing (PRF) deal with the Government of India?
[A] NDB
[B] IMF
[C] World Bank
[D] ADB
Show Answer
Correct Answer: 0 [No Answer was given]
Notes:
The Government of India inked a USD 3 million Project Readiness Financing (PRF) agreement with the Asian Development Bank (ADB). The agreement was signed by the Additional Secretary, Department of Economic Affairs, Rajat Kumar Mishra, and the Country Director of ADB’s India Resident Mission, Takeo Konishi. The PRF agreement was signed to support preparatory operations for designing the “Agartala Municipal Infrastructure Development Project” to strengthen municipal infrastructure in Agartala, Tripura.
3. Which of the following companies recently introduced an insurance plan that covers 30 essential illnesses and serious diseases?
[A] Ageas Federal
[B] Bajaj Allianz
[C] LIC
[D] Bharti AXA
Show Answer
Correct Answer: A [Ageas Federal]
Notes:
Ageas Federal Life Insurance Co. Ltd. launched the “Ageas Federal Life Insurance Criticare Plan,” which covers 30 critical illnesses and major diseases. People with an age between 18 and 65 years are eligible to subscribe to the policy, and the policy will cover the individual up to a maximum age of 70 years. The term of the policy can be between 5 years (the minimum) and 10 years (the maximum).
4. Recently, which of the following banks collaborated with NASSCOM CoE to support the startup ecosystem?
[A] ICICI
[B] HDFC
[C] IDBI
[D] IDFC First
Show Answer
Correct Answer: D [IDFC First]
Notes:
The IDFC First Bank partnered with the National Association of Software and Service Companies (NASSCOM) Center of Excellence (CoE) to promote the startup ecosystem. The IDFC First, in collaboration with the NASSCOM CoE, will work to grow the innovation ecosystem and guide startups via a range of banking solutions.
5. Which of the following organizations recently collaborated with the NIIF to invest in three airport projects?
[A] Airport Authority of India (AAI)
[B] Blue Dart Aviation Ltd (BDAL)
[C] VRH Construction Pvt. Ltd (VCPL)
[D] GMR Airport Ltd (GAL)
Show Answer
Correct Answer: D [GMR Airport Ltd (GAL)]
Notes:
The National Investment and Infrastructure Fund (NIIF) partnered with GMR Airports Ltd. (GAL) to invest in three airport projects. The NIIF will invest in the equity capital of three airports, including the international airports (greenfield) in Mopa (Goa) and Bhogapuram (Andhra Pradesh). The NIIF will make a primary investment of INR 6.31 billion in the form of compulsorily convertible debt (CCD) at the GMR Goa International Airport Ltd (GGIAL).
