Banking, Finance & Economy Current Affairs Quiz – January 23, 2023
January 23, 2023 January 23, 2023
1. Which of the following banks has achieved the Business Today-KPMG Best Bank award (BT-KPMG Best banks survey)?
[A] Tamilnad Mercantile Bank Limited
[B] Capital Small Finance Bank Limited
[C] Utkarsh Small Finance Bank Limited
[D] ESAF Small Finance Bank Limited
Show Answer
Correct Answer: A [Tamilnad Mercantile Bank Limited]
Notes:
Tamilnad Mercantile Bank (TMB) has bagged ‘Best Small Bank Award’ in the ‘Best Banks Survey for the year 2022’ done by Business Today-KPMG (BT-KPMG Best banks survey). The bank has won this award under the category of banks with the book size of less than ₹1 lakh crore.
2. The World Economic Forum (WEF) has started a project to unlock how many trillion dollars a year for climate and nature?
[A] USD 1 trillion
[B] USD 2 trillion
[C] USD 3 trillion
[D] USD 4 trillion
Show Answer
Correct Answer: C [USD 3 trillion]
Notes:
The World Economic Forum on Tuesday launched the Giving to Amplify Earth Action (GAEA) to help unlock the USD 3 trillion of financing needed each year to reach net-zero, reverse nature loss and restore biodiversity by 2050.
3. Where would Bharti Airtel spend Rs 2,000 crore to build a hyperscale data centre?
[A] Mumbai
[B] Dehradun
[C] Hyderabad
[D] Delhi
Show Answer
Correct Answer: C [Hyderabad]
Notes:
Bharti Airtel Group on Wednesday announced that it will be investing Rs 2,000 crore for setting up a large hyperscale data centre in Hyderabad.
4. Which South Asian nation has the poorest economy, according to the World Bank?
[A] Pakistan
[B] Sri Lanka
[C] Bangladesh
[D] Nepal
Show Answer
Correct Answer: A [Pakistan]
Notes:
Pakistan’s need for relief at USD 33 billion. Pakistan is South Asia’s weakest economy, and it will take a herculean effort to pull the country out of poverty, reported Islam Khabar.
5. Which bank decided to take a loan for Rs 9,718 crore with an annual interest rate of 7.70% and a term of 15 years?
[A] SBI
[B] Bank of Baroda
[C] ICICI Bank
[D] HDFC Bank
Show Answer
Correct Answer: A [SBI]
Notes:
SBI decided to accept Rs 9,718 crore at a coupon rate of 7.70% payable annually for a tenor of 15 years.
