Banking, Finance & Economy Current Affairs Quiz -February 28 ,2023
February 28, 2023 February 28, 2023
1. Who has been nominated by the US President to lead the World Bank?
[A] Ajay Banga
[B] Satya Nadella
[C] Sundar Pichai
[D] Indra Nooyi
Show Answer
Correct Answer: A [Ajay Banga]
Notes:
From Washington, US President Joe Biden is nominating former Mastercard Chief Executive Ajay Banga to lead the World Bank, after its current chief David Malpass announced plans to step down early. Banga’s nomination comes amid a push for development lenders to revamp and address global problems like environmental issues more effectively.
2. Which of the following statements is true about the 13th instalment of the PM-Kisan income support programme?
[A] It will be disbursed by the President of India in Belagavi, Karnataka.
[B] The total amount to be disbursed is Rs 16,800 crore.
[C] The number of beneficiary farmers is less than one crore.
[D] The programme is being launched for the first time in Karnataka.
Show Answer
Correct Answer: B [The total amount to be disbursed is Rs 16,800 crore.]
Notes:
Prime Minister Narendra Modi will disburse the 13th instalment of the income support programme PM-Kisan, totalling more than Rs 16,800 crore to more than eight crore beneficiary farmers in Belagavi, Karnataka. The programme distributes Rs 6,000 annually in three equal instalments of Rs 2,000 into each eligible landholder farmer’s bank account. When PM-Kisan was introduced in February 2019, more than Rs 2.2 lakh crore had been distributed to over 11 crore landholder farmer families nationwide.
3. Which of the following statements is true about the reopening of a key border crossing between Pakistan and Afghanistan?
[A] The reopening allows for the normal trade and movement of people between the two countries, including thousands of trucks carrying essential items.
[B] The closure had no effect on trade or the movement of people.
[C] The reopening was initiated by Pakistan’s government.
[D] The border crossing had been closed for several months due to the COVID-19 pandemic.
Show Answer
Correct Answer: A [The reopening allows for the normal trade and movement of people between the two countries, including thousands of trucks carrying essential items.]
Notes:
The normal trade and movement of people between Pakistan and Afghanistan fully resumed after the two sides reopened a key border crossing that was shut nearly a week ago by Afghanistan’s Taliban rulers, stranding people and thousands of trucks carrying food and essential items. The Afghan embassy in Pakistan’s capital, Islamabad, announced the reopening of the Torkham border. Pakistani officials and Afghanistan’s Taliban-appointed administrator in Afghanistan’s Nangarhar province also confirmed that the border crossing is open to passengers and trade.
4. The government of which Indian state is planning to construct the nation’s first marina or boat basin with docking facilities to promote coastal tourism?
[A] Karnataka
[B] Tamil Nadu
[C] Kerala
[D] Maharashtra
Show Answer
Correct Answer: A [Karnataka]
Notes:
The Karnataka Government will build the country’s first Marina or a boat basin offering dockage, at Byndoor in Udupi district to promote coastal tourism in Karnataka.
5. Which government has signed an agreement with UN Women to promote women-friendly activities in the state’s tourism industry?
[A] Karnataka
[B] Maharashtra
[C] Kerala
[D] Tamil Nadu
Show Answer
Correct Answer: C [Kerala]
Notes:
The Kerala government and UN Women entered into an agreement, in order to promote activities that are welcoming to women in the State’s tourist industry. Kerala Tourism and UN Women India committed to promoting gender-inclusive tourist destinations throughout the State through the signing of a memorandum of understanding (MoU).
