Banking, Finance & Economy Current Affairs Quiz -March 11 ,2023
March 11, 2023 March 11, 2023
1. Which Small Finance Bank has collaborated with Max Life Insurance to provide consumers with life insurance programs?
[A] Equitas Small Finance Bank Limited
[B] Ujjivan Small Finance Bank Limited
[C] Fincare Small Finance Bank Limited
[D] Capital Small Finance Bank Limited
Show Answer
Correct Answer: B [Ujjivan Small Finance Bank Limited]
Notes:
Max Life Insurance and Ujjivan Small Finance Bank have partnered to offer life insurance offerings to Ujjivan SFB’s customers.
2. Recently, the government indicated that it will include cryptocurrency trading under which of the following Acts?
[A] Prevention of Money Laundering Act, 2002
[B] Banking Regulation (Amendment) Act, 2020
[C] Payment and Settlement System Act, 2007
[D] Foreign Exchange Management Act, 1999
Show Answer
Correct Answer: A [Prevention of Money Laundering Act, 2002]
Notes:
The government has said that the Prevention of Money Laundering Act, 2002 will apply to trade in cryptocurrencies or virtual assets.
3. Who are Aadhar Home Finance’s co-lending partners?
[A] Yes Bank
[B] ICICI Bank
[C] Axis Bank
[D] HDFC Bank
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Correct Answer: A [Yes Bank]
Notes:
Yes Bank said it has partnered with Aadhar Housing Finance Ltd to offer home loans at competitive interest rates to customers from lower and middle-income groups.
4. Which country has a Memorandum of Understanding (MoU) with India on semiconductors?
[A] Germany
[B] United Kingdom
[C] China
[D] United States
Show Answer
Correct Answer: D [United States]
Notes:
A Memorandum of Understanding (MoU) on establishing a semiconductor supply chain and innovation partnership under the framework of the India – US Commercial Dialogue was signed between the two countries following the Commercial Dialogue 2023 held in New Delhi Delhi.
5. Who has been named the world’s first ‘Hand Ambassador’ for Savlon India?
[A] Virat Kohli
[B] Rohit Sharma
[C] KL Rahul
[D] Sachin Tendulkar
Show Answer
Correct Answer: D [Sachin Tendulkar]
Notes:
Savlon Swasth India has announced Sachin Tendulkar as the World’s First ‘Hand Ambassador’ to inspire billions to wash their hands.