Banking, Finance & Economy Current Affairs Quiz -December 30, 2022
December 30, 2022 December 30, 2022
1. India’s Green Steel brand is known as?
[A] Ferro Green
[B] Ferresta
[C] Green Steel
[D] India Green
[B] Ferresta
[C] Green Steel
[D] India Green
Correct Answer: B [Ferresta]
Notes:
Kalyani Ferresta, India’s First Green steel brand was launched by Union Minister of Steel, Jyotiraditya Scindia. Green steel means there will be zero carbon emissions from the steel industry. This steel is manufactured by the Saarloha Advanced Materials, Kalyani Group of Companies, Pune. First Country in World to manufacture Green Steel is Sweden.
Kalyani Ferresta, India’s First Green steel brand was launched by Union Minister of Steel, Jyotiraditya Scindia. Green steel means there will be zero carbon emissions from the steel industry. This steel is manufactured by the Saarloha Advanced Materials, Kalyani Group of Companies, Pune. First Country in World to manufacture Green Steel is Sweden.
2. Who is in charge of indexing gas prices in India?
[A] Indian Gas Exchange
[B] Indian Oil Exchange
[C] Indian Oil Corporation
[D] Bharat Petroleum
[B] Indian Oil Exchange
[C] Indian Oil Corporation
[D] Bharat Petroleum
Correct Answer: A [Indian Gas Exchange]
Notes:
Indian Gas Exchange (IGX) has come up with the idea of Indexing Gas Pricing. This was launched by Tarun Kapoor, Former Petroleum Secretary and Advisor to Prime Minister. This will act as the benchmark for natural gas prices in India. Benchmarking is done with reference to various international standards like JKM (Japan Korea Marker), HH (Henry Hub), WIM (West India Marker), and TTF (Dutch).
Indian Gas Exchange (IGX) has come up with the idea of Indexing Gas Pricing. This was launched by Tarun Kapoor, Former Petroleum Secretary and Advisor to Prime Minister. This will act as the benchmark for natural gas prices in India. Benchmarking is done with reference to various international standards like JKM (Japan Korea Marker), HH (Henry Hub), WIM (West India Marker), and TTF (Dutch).
3. Which bank has collaborated with the Kerala Startup Mission?
[A] South Indian Bank
[B] Federal Bank
[C] HDFC Bank
[D] Axis Bank
[B] Federal Bank
[C] HDFC Bank
[D] Axis Bank
Correct Answer: C [HDFC Bank]
Notes:
HDFC bank signs a Memorandum of Understanding with Kerala Startup Mission to provide banking services to startups. HDFC bank is planning to help startups in Kerala by providing financial services through KSUM’s Smart Solution SmartUp.
The MoU is signed for a period of 1 year. This is helpful to encourage and support the startup culture in Kerala. This MoU will provide smart financial tools, advisory services, and technology for startups to achieve their goals.
HDFC bank signs a Memorandum of Understanding with Kerala Startup Mission to provide banking services to startups. HDFC bank is planning to help startups in Kerala by providing financial services through KSUM’s Smart Solution SmartUp.
The MoU is signed for a period of 1 year. This is helpful to encourage and support the startup culture in Kerala. This MoU will provide smart financial tools, advisory services, and technology for startups to achieve their goals.
4. Which regions of India will Bima Vahaks serve?
[A] Municipalities
[B] Gram Panchayat
[C] Corporation
[D] Districts
[B] Gram Panchayat
[C] Corporation
[D] Districts
Correct Answer: B [Gram Panchayat]
Notes:
Insurance Regulatory and Development Authority of India (IRDAI) is planning to launch “Bims Vahaks” to introduce insurance in Gram Panchayat.“Bima Vahak” is a representative who will sell and do services to their assigned Gram panchayat regarding Insurance products. The insurance is known as “Bima Vistar” which will provide protection against health, property, and life.
Insurance Regulatory and Development Authority of India (IRDAI) is planning to launch “Bims Vahaks” to introduce insurance in Gram Panchayat.“Bima Vahak” is a representative who will sell and do services to their assigned Gram panchayat regarding Insurance products. The insurance is known as “Bima Vistar” which will provide protection against health, property, and life.
5. Which banks provide online services for paying customs duties?
[A] Punjab National Bank
[B] Canara Bank
[C] Axis Bank
[D] Karnataka Bank
[B] Canara Bank
[C] Axis Bank
[D] Karnataka Bank
Correct Answer: D [Karnataka Bank]
Notes:
Karnataka Bank has made online facilities to pay customs duty through Indian Customs Electronic Gateway (ICEGATES). This is the national gateway of Indian Customs of the Central Board of Indirect Taxes and Customs. Both individual and corporate customers can pay their customs duty through this.
Karnataka Bank has made online facilities to pay customs duty through Indian Customs Electronic Gateway (ICEGATES). This is the national gateway of Indian Customs of the Central Board of Indirect Taxes and Customs. Both individual and corporate customers can pay their customs duty through this.