Banking, Finance & Economy Current Affairs Quiz – February 24 ,2023
February 24, 2023 February 24, 2023
1. Which banks appointed Vikramaditya Singh Khichi to an advisory group for the debt-ridden Reliance Capital (RCAP)?
[A] State Bank of India
[B] Reserve Bank of India
[C] Indian Institue of Banking and Finance
[D] Institute of Banking Personnel Selection
Show Answer
Correct Answer: B [Reserve Bank of India]
Notes:
The Reserve Bank of India (RBI) appointed Vikramaditya Singh Khichi to a panel to advise the administrator of debt-ridden Reliance Capital (RCap).
2. Who has secured the Women’s Premier League (WPL) championship sponsorship rights for the next five seasons?
[A] Cadbury
[B] Oppo
[C] Vivo
[D] Tata Group
Show Answer
Correct Answer: D [Tata Group]
Notes:
Tata Group has secured the title sponsorship rights for the Women’s Premier League (WPL) for five seasons.
3. As part of a Rs 350 billion contract, who would sponsor the India cricket team kit?
[A] Nike
[B] Reebok
[C] Adidas
[D] Puma
Show Answer
Correct Answer: C [Adidas]
Notes:
Adidas will sponsor the India cricket team kit as part of a Rs 350 billion deal.
4. Uber partners with which of the following organisations for 25,000 electric vehicles?
[A] Tata Motors
[B] Hero MotoCorp Ltd
[C] Maruti Suzuki India Ltd
[D] Bajaj Auto Ltd
Show Answer
Correct Answer: A [Tata Motors]
Notes:
Uber joins hands with Tata Motors for 25000 EVs. The agreement is the largest EV commitment yet between an automaker and a ridesharing platform in India.
5. Which financial institution has launched UPI LITE, and what is its primary purpose?
[A] Paytm Payments Bank Limited (PPBL); to promote large-value UPI transactions.
[B] National Payments Corporation of India (NPCI); to enable multiple small-value UPI transactions.
[C] Reserve Bank of India (RBI); to reduce the use of digital payments.
[D] Indian government; to facilitate cash-based transactions.
Show Answer
Correct Answer: B [National Payments Corporation of India (NPCI); to enable multiple small-value UPI transactions.]
Notes:
Paytm Payments Bank Limited (PPBL) has introduced UPI LITE, a feature created by the National Payments Corporation of India (NPCI). UPI LITE is aimed at allowing users to conduct multiple small-value UPI transactions, making digital payments more convenient and accessible.
