Banking, Finance & Economy Current Affairs Quiz -January 16, 2023
January 16, 2023 January 16, 2023
1. The Union Cabinet approved an incentive programme of how many crores to boost Rupay debit card and low-value BHIM-UPI (person-to-merchant) transactions in FY23?
[A] Rs. 4,600-crore
[B] Rs. 3,600-crore
[C] Rs. 2,600-crore
[D] Rs. 1,600-crore
Show Answer
Correct Answer: C [Rs. 2,600-crore]
Notes:
The Union Cabinet approved a ₹2,600-crore incentive scheme to promote Rupay debit card and low-value BHIM-UPI transactions (person-to-merchant) in FY23.
2. Alibaba recently sold a $125 million stake in which company through a block deal?
[A] Paytm
[B] Flipkart
[C] Amazon
[D] Paypal
Show Answer
Correct Answer: A [Paytm]
Notes:
China’s Alibaba Group sold a 3.1% stake in Indian digital payments firm Paytm worth $125 million through a block deal.
3. Which state tourist agency has signed Memorandums of Understanding (MOUs) with chapters of the Global Organization of People of Indian Origin (GOPIO) in eight countries?
[A] Madhya Pradesh
[B] Gujarat
[C] Rajasthan
[D] Punjab
Show Answer
Correct Answer: A [Madhya Pradesh]
Notes:
The agreement signed between the Madhya Pradesh Tourism and GOPIO -France Metropole Paris, Mauritius, Reunion Island, Martinique, Sri Lanka, Malaysia, Mauritius and GOPIO international will promote Madhya Pradesh tourism and its activities in their countries.
4. The annual retail inflation rate in India dropped to how many per cent in December from 5.88 per cent in November?
[A] 5.72
[B] 6.72
[C] 7.72
[D] 8.72
Show Answer
Correct Answer: A [5.72]
Notes:
India’s retail inflation eased to 5.72 per cent in December on an annual basis as against 5.88 per cent in November 2022.
5. In which Indian city did Union Minister Shri Sarbananda Sonowal establish the School of Logistics, Waterways, and Communication?
[A] Chennai
[B] Panaji
[C] Guwahati
[D] Agartala
Show Answer
Correct Answer: D [Agartala]
Notes:
Union Minister Shri Sarbananda Sonowal inaugurates School of Logistics, Waterways and Communication in Agartala.
