Banking, Finance & Economy Current Affairs Quiz -January 2, 2023
January 2, 2023 January 2, 2023
1. How much did IDFC grant HDFC to help green affordable housing finance?
[A] 350 million
[B] 400 million
[C] 100 million
[D] 500 million
Show Answer
Correct Answer: B [400 million]
Notes:
A loan of USD 400 million was given to Housing Development Finance Corporation (HDFC) Limited by the International Finance Corporation (IFC), a member of the World Bank Group, to support green affordable housing finance in India. This will help India transition to a more sustainable growth path, generating jobs and ensuring long-term business growth.
2. On which day is National Consumer Day observed?
[A] 24th December
[B] 20th December
[C] 25th December
[D] 19th December
Show Answer
Correct Answer: A [24th December]
Notes:
Every year on December 24 in India, National Consumer Day, also known as Bhartiya Grahak Diwas, is marked to raise awareness of consumer rights and obligations.
3. A permanent license for its bill payment business, BillAvenue, has been awarded by the Reserve Bank of India (RBI) to whom as, India’s first publicly listed payments infrastructure company?
[A] Infibeam Avenues limited
[B] Infrabeam Avenues limited
[C] Infrared beam Avenues Limited
[D] Both a and b
Show Answer
Correct Answer: A [Infibeam Avenues limited]
Notes:
The Reserve Bank of India (RBI) has granted Infibeam Avenues Limited (IAL), India’s first publicly traded payments infrastructure company, a perpetual license for its bill payment business, BillAvenue. It was granted in accordance with its circular on the perpetual validity of certificates of authorization (CoA) issued to payment system operators (PSOs) under the Payment and Settlement Systems Act, 2007.
4. Which ministry will now regulate e-sports?
[A] Ministry of Electronic and Information Technology
[B] Ministry of Youth Affairs and Sports
[C] Ministry of Communications
[D] Both a and b
Show Answer
Correct Answer: B [Ministry of Youth Affairs and Sports]
Notes:
An amendment to the Allocation of Business (AOB) Rules has been approved by the President of India, Droupadi Murmu, placing online gaming under the Ministry of Electronic and Information Technology (MeitY).
5. Recently, the Asian Development Bank and the Government of India agreed on a loan for the improvement of urban services in three cities in Tamil Nadu. How much did it cost?
[A] 125 Million
[B] 100 Million
[C] 500 Million
[D] 200 Million
Show Answer
Correct Answer: A [125 Million]
Notes:
A loan agreement worth USD 125 million (roughly Rs 1,025 crore) was signed by the Asian Development Bank (ADB) and the Government of India (GoI) to develop climate-resilient sewage collection and treatment, drainage, and water supply systems in three cities in Tamil Nadu: Coimbatore, Madurai, and Thoothukudi (TN).
