Banking, Finance & Economy Current Affairs Quiz -February 1,2023
February 1, 2023 February 1, 2023
1. Which stock exchange has emerged to become the largest derivative stock exchange in the world?
[A] Bombay stock exchange
[B] New York stock exchange
[C] Shanghai stock exchange
[D] National Stock Exchange
Show Answer
Correct Answer: D [National Stock Exchange]
Notes:
The National Stock Exchange of India is known as NSE. The exchange’s daily average turnover in 2022 was Rs 470 crores. NSE has surpassed all other derivatives exchanges to take the top spot. NSE has held this rank for four consecutive months. The exchange came in third in equities behind the derivatives. Positions and information are based on data from the World Federation of Exchanges’ statistics. It keeps track of stock exchange statistics from around the world. Essentially, it is a trade association. It was started in 1961 and had a headquarters in London.
2. Who recently released a research report on state financial analysis?
[A] Ministry of Finance
[B] NCLT
[C] RBI
[D] SBI
Show Answer
Correct Answer: C [RBI]
Notes:
The Reserve Bank of India recently published its analysis of state finances. The report includes information on the financial standing of the states as well as a breakdown of the states that have received GST compensation.
3. Who developed the Timepay Evok UPI API engine?
[A] Timepay
[B] NPST (Network People Services Technologies Ltd)
[C] UPI
[D] API
Show Answer
Correct Answer: B [NPST (Network People Services Technologies Ltd)]
Notes:
A UPI (Unified Payments Interface) API (Application Programming Interface) engine called Timepay Evok has been introduced by NPST (Network People Services Technologies Ltd), a provider of banking technology. The Timepay Evok, a cutting-edge payment platform, will serve as an all-in-one UPI payment solution for online retailers and assure safe, dependable, and quick payment collection.
4. Who launched the Employees’ Provident Fund Organization’s (EPFO) “Nidhi Aapke Nikat 2.0” district outreach campaign?
[A] The Minister of Commerce
[B] The Director of the Employees’ Provident Fund Organization
[C] Arti Ahuja, Secretary of the Ministry of Labour and Employment
[D] The Chairman of the EPFO
Show Answer
Correct Answer: C [Arti Ahuja, Secretary of the Ministry of Labour and Employment]
Notes:
The Employees’ Provident Fund Organization’s (EPFO) district outreach campaign, “Nidhi Aapke Nikat 2.0,” was electronically launched in all districts of the nation by Arti Ahuja, Secretary, Ministry of Labour and Employment (MoLE).
5. Economic Survey 2022-23 projected India’s GDP growth to be what percentage?
[A] 6.5
[B] 6.4
[C] 6.3
[D] 6.2
Show Answer
Correct Answer: A [6.5]
Notes:
The Economic Survey 2022-23 estimated India’s GDP growth at 6.5 per cent, which is lower than the projected 7 per cent growth for the ongoing financial year.
