Banking, Finance & Economy Current Affairs Quiz – October 13, 2022
October 13, 2022 May 4, 2023
1. In India, the first-ever EV scooter, the Vida V1, was introduced. Which of the following companies manufactures the Vida V1 scooter?
[A] TVS Motor Company
[B] Honda Motor Company
[C] Hero MotoCorp Company
[D] Bajaj Automobile Company
Show Answer
Correct Answer: C [Hero MotoCorp Company]
Notes:
Hero Motocorp, the biggest producer of two-wheelers in India, has entered the market for electric vehicles with the debut of a new two-wheeler called the Hero Vida V1, which bears the name of the company’s flagship product.
2. Which bank has introduced “Smart Wire” to aid customers with SWIFT-based remittances?
[A] ICICI Bank
[B] Axis Bank
[C] IndusInd Bank
[D] HDFC Bank
Show Answer
Correct Answer: A [ICICI Bank]
Notes:
ICICI Bank has introduced a one-of-a-kind service known as “Smart Wire” for the benefit of its clients in order to facilitate SWIFT-based inbound remittances in a more expedient and trouble-free way.
3. How much of IDBI Bank’s stock will the government and LIC sell?
[A] 30.48%
[B] 60.27%
[C] 60.72%
[D] 30.24%
Show Answer
Correct Answer: C [60.72%]
Notes:
The Central government of India and the Life Insurance Corporation of India (LIC) have come to the conclusion that it is in their best interests to sell their combined 60.72% ownership in IDBI Bank.
4. Who has been re-elected chairman of the Association of Mutual Funds in India (AMFI)?
[A] A Balasubramanian
[B] Aryama Sundaram
[C] R Venkataramani
[D] Mukul Rohatgi
Show Answer
Correct Answer: A [A Balasubramanian]
Notes:
Both A Balasubramanian and Radhika Gupta have been re-elected to their positions as chairman and vice-chairperson of the Association of Mutual Funds in India (AMFI), respectively. A Balasubramanian will continue to serve as chairman of the AMFI.
5. BSE SME announced that it would list eight new companies on its platform, bringing the total number of companies listed to 402. Which of the following is the 400th company listed on the platform?
[A] Phantom Digital Effects Limited
[B] Insolation Energy
[C] Pace E‑Commerce Ventures
[D] Vedant Asset Limited
Show Answer
Correct Answer: B [Insolation Energy]
Notes:
Commerce Minister Piyush Goyal attends the Listing Celebration of 400th company in BSE. BSE SME announced the listing of eight companies on its platform. This brings the total number of companies listed to 402, crossing a market capitalization of Rs 60,000 crore.
