Banking, Finance & Economy Current Affairs Quiz -December 15, 2022
December 15, 2022 December 15, 2022
1. India recently signed MoUs for the execution of High Impact Community Development Projects (HICDPs) with which of the following countries?
[A] Sri Lanka
[B] Bangladesh
[C] Bhutan
[D] Nepal
Show Answer
Correct Answer: D [Nepal]
Notes:
The Indian Embassy in Nepal and the Ministry of Federal Affairs & General Administration of the Government of Nepal signed the Memorandum of Understandings (MoUs) for development projects in Nepal. The three MoUs were signed for the implementation of High Impact Community Development Projects (HICDPs) in Nepal.
2. Which organization recently introduced the Guaranteed Fortune Plan?
[A] ICICI Lombard
[B] Bajaj Allianz
[C] Bharti AXA
[D] Canara HSBC
Show Answer
Correct Answer: D [Canara HSBC]
Notes:
Canara HSBC Life Insurance launched a “Guaranteed Fortune Plan”.
3. Which of the company has recently collaborated with Zopper to provide a unique integrated service for customers?
[A] Aditya Birla GIC
[B] Universal Sompo GIC
[C] Bajaj Allianz GIC
[D] Acko GIC
Show Answer
Correct Answer: B [Universal Sompo GIC]
Notes:
Universal Sompo General Insurance Company Ltd partnered with Zopper to launch a special integrated offering for customers. This strategic partnership’s primary objective is to provide customers with tailor-made and affordable insurance coverage.
4. Recently, Rail Vikas Nigam Ltd (RVNL) partnered with which of the following organizations?
[A] Kyrgyzindustry
[B] CSX Transportation
[C] Canadian National Railway
[D] Deutsche Bahn
Show Answer
Correct Answer: A [Kyrgyzindustry]
Notes:
Rail Vikas Nigam Ltd (RVNL) formed a joint venture named Kyrgyzindustry-RVNL with Kyrgyzindustry. The joint venture Kyrgyzindustry-RVNL will be a Closed Joint Stock Company (CJSC), i.e. it will not be entitled to conduct an open subscription for shares issued by it. As per the agreement, RVNL will own 50% of the share and the rest 50% will be held by Kyrgyzindustry. The primary of this joint venture will be to construct rail, road, and other infrastructure projects in Kyrgyzstan.
5. Recently, CBDT has exempted non-resident taxpayers from the mandatory electronic filing of Form 10F, but until when?
[A] December 2024
[B] March 2024
[C] December 2023
[D] March 2023
Show Answer
Correct Answer: D [March 2023]
Notes:
The Central Board of Direct Taxes (CBDT) exempted non-resident (NR) taxpayers from the compulsory electronic filing of Form 10F until March 31, 2023. The rule will apply to non-resident taxpayers who do not have a PAN and are not required to have one under the Income Tax Act of 1961 and Income Tax Rules 1962. Up until March 31, 2023, eligible NR taxpayers can file Form 10F in manual form.
