Banking, Finance & Economy Current Affairs Quiz -December 26, 2022
December 26, 2022 December 26, 2022
1. Who introduces the first surety Insurance Bond in India?
[A] Nirmala Sitharaman
[B] Nitin Gadkari
[C] Jaishankar
[D] Amit Shah
Show Answer
Correct Answer: B [Nitin Gadkari]
Notes:
India will launch its first surety Bond Insurance Product on December 19, 2022. This is launched by the Union Minister of Road, Transport and Highways, Shri. Nitin Gadkari. This bond is launched for Infrastructure projects. This bond will reduce the dependence of infra developers on bank guarantees. This surety bond is launched by the Bajaj Allianz General Insurance company
2. As of January 2022, what is the cumulative investment from India into Moscow?
[A] USD 150 Million
[B] USD 148 Million
[C] USD 143 Million
[D] USD 154 Million
Show Answer
Correct Answer: C [USD 143 Million]
Notes:
A Memorandum of Understanding (MoU) was signed between India and Russia to enable Russian companies to Enter Indian e-trade platforms. Sergey Cheremin, Minister of International Relations from the Government of Russia has signed this MoU.
This will enable Russian products to be promoted and sold on platforms like Flipkart.
3. Who has earned the PRAKASHmay 15th Enertia Awards 2022 for ‘Best Globally Competitive Power Company of India-Hydropower and Renewable Energy Sector’?
[A] NHPC Limited
[B] ONGC
[C] HPCL
[D] BEL
Show Answer
Correct Answer: A [NHPC Limited]
Notes:
NHPC Limited has been awarded as the winner of the ‘Best Globally Competitive Power Company of India-Hydropower and Renewable Energy Sector’ at PRAKASHmay 15th Enertia Awards 2022.
4. SEBI approved the formation of SSE by the National Stock Exchange of India (NSE). What does the letter S stand for in SSE?
[A] Stock
[B] Securities
[C] Sustainable
[D] Social
Show Answer
Correct Answer: D [Social]
Notes:
The National Stock Exchange of India (NSE) received in-principle approval from the market regulator Securities Exchange Board of India (SEBI), to set up a Social Stock Exchange (SSE) as a separate segment of the NSE.
5. Reliance Jio purchased a 100 percent share in Reliance Infratel for around how many crore rupees?
[A] Rs 3,720
[B] Rs 3,721
[C] Rs 3,722
[D] Rs 3,723
Show Answer
Correct Answer: A [Rs 3,720]
Notes:
Reliance Projects and Property Management Services, a subsidiary of Jio, has deposited Rs 3,720 crore in an SBI escrow account to acquire mobile tower and fiber assets of Reliance Infratel.
