Banking, Finance & Economy Current Affairs Quiz – November 14, 2022
November 14, 2022 November 14, 2022
1. Which of the following states earned the ‘India Agribusiness Awards 2022’ in the best state category for their agricultural contributions?
[A] Haryana
[B] Gujarat
[C] Punjab
[D] Rajasthan
Show Answer
Correct Answer: A [Haryana]
Notes:
Haryana has received the ‘India Agribusiness Awards 2022’ in the best state category for their contribution in the areas of agriculture.
2. The national government has approved BSNL’s Rs 26,281 crore contract with which of the following companies to develop 4G services in India?
[A] WIPRO
[B] Infosys
[C] Accenture
[D] Tata Consultancy Services
Show Answer
Correct Answer: D [Tata Consultancy Services]
Notes:
The Bharat Sanchar Nigam Ltd (BSNL) has received the central government’s nod to go ahead with Rs 26,281 crore deal with Tata Consultancy Services (TCS), paving its way to launch 4G services in India. As reported by Economic Times (ET), TCS will set up the 4G lines and maintain the network for nine years.
3. Which company has signed a Memorandum of Understanding (MoU) with the Japan Bank for International Cooperation (JBIC) to promote and strengthen Japanese investment in India?
[A] Small Industries Development Bank of India
[B] Green Climate Fund
[C] Housing Development Finance Corporation
[D] National Investment and Infrastructure Fund Limited
Show Answer
Correct Answer: D [National Investment and Infrastructure Fund Limited]
Notes:
National Investment and Infrastructure Fund Limited (NIIFL) has signed an MoU with Japan Bank for International Cooperation (JBIC) to promote and enhance Japanese investments in India.
4. Green Energy Open Access Portal allows users with a sanctioned load of how many kilowatts or above to receive renewables.
[A] 100 kW
[B] 250 kW
[C] 500 kW
[D] 1000 kW
Show Answer
Correct Answer: A [100 kW]
Notes:
The Union Minister of Power and New and Renewable Energy, RK Singh, launched the Green Energy Open Access Portal. The primary objective of this web portal will be to promote and enhance affordable, reliable, sustainable, clean, and green energy sources. This is in accordance with the Electricity (Promoting Renewable Energy through Green Energy Open Access) Rules 2022, which were introduced in June 2022 by the Ministry of Power. The Power System Operation Corporation Limited (POSOCO) designed and developed the portal. The stakeholders, viz., traders, power exchanges, open access participants, central/state transmission utilities, etc., will be able to access the web portal to process green energy open access applications. It will allow any consumer with a load limit of 100 kW to access green power through a transparent and uniform procedure.
5. Which of the following organizations recently teamed with HDFC Bank to develop customized Purchase Cards built specifically for small and mid-sized retailers?
[A] Arzooo
[B] CleverCards
[C] Trove
[D] Slackline
Show Answer
Correct Answer: A [Arzooo]
Notes:
HDFC Bank partnered with Arzooo to launch customised purchase cards designed exclusively for small and mid-sized retailers. The objective of this partnership is to roll out over 1 lakh purchase cards in the next 12 months. The purchase cards are aimed at providing easy access to the untapped Tier-II and Tier-III markets. These purchase cards will offer interest-free credit for up to one month and a credit limit of INR one crore.
