Banking, Finance & Economy Current Affairs Quiz -January 21, 2023
January 21, 2023 January 21, 2023
1. Who publishes “Survival of the Richest: India Supplement”?
[A] NITI Aayog
[B] Oxfam India
[C] Ministry of Finance
[D] Goldman Sachs
Show Answer
Correct Answer: B [Oxfam India]
Notes:
The bottom 50 per cent of the population have continued to see their wealth chipped away and by 2020, according to the annual inequality report titled ‘Survival of the Richest’ released by Oxfam on the first day of the World Economic Forum.
2. Which of the following, in addition to the Central Government, owns a shareholding in IDBI Bank?
[A] SBI
[B] Sebi
[C] LIC
[D] SIDBI
Show Answer
Correct Answer: C [LIC]
Notes:
The 60.72 per cent stake in IDBI Bank is being sold by the government and Life Insurance Corporation (LIC).
3. Which Ministry launched the National Urban Technology Mission?
[A] Ministry of Housing and Urban Affairs
[B] Ministry of Science and Tech
[C] Ministry of Rural Development
[D] Ministry of Electronics
Show Answer
Correct Answer: A [Ministry of Housing and Urban Affairs]
Notes:
The Housing and Urban Affairs Ministry on Tuesday launched the National Urban Digital Mission, which was aimed at creating a shared digital infrastructure for cities.
4. What is a Credit Default Swap?
[A] Financial credit arrangement
[B] Financial swap arrangement
[C] Credit guarantee arrangement
[D] Debt securities arrangement
Show Answer
Correct Answer: B [Financial swap arrangement]
Notes:
A credit default swap (CDS) is a financial swap agreement in that the seller of the CDS will compensate the buyer in the event of a debt default (by the debtor) or another credit event.
5. Who will be the first woman officer posted to the Border Roads Organisation (BRO) on a foreign assignment?
[A] Rani Dixit
[B] Surbhi Jakhmola
[C] Avani Chaturvedi
[D] Tamna Malik
Show Answer
Correct Answer: B [Surbhi Jakhmola]
Notes:
Captain Surbhi Jakhmola of the Indian Army’s 117 Engineer Regiment will be the first woman officer to be posted on a foreign assignment at the Border Roads Organisation (BRO).
