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Category: Economics

Current Affairs Economic News

12th BRICS Summit

November 24, 2020November 24, 2020 Devendra Yadav

Question . Recently, Prime Minister attended the 12th BRICS Summit hosted by _ virtually, under the theme Global Stability, Shared security and Innovative Growth.(A) Brazil(B) Russia(C) India(D) Bone of theseAnswer – bExplanation- Why in news […]

Economics

Banking Sector : Government provides Rs 670 crore support to RRB

November 17, 2020November 17, 2020 Shashank Raj Gupta

Question : One-third of RRBs are in difficult condition in the country. Hence government provides rupees 670 crore support for RRBs. Which of the following states has the maximum number of Regional Rural Bank ?(a) […]

EconomicsEconomics

Banking sector : ICICI Bank launches ‘Mine’ for millennials

November 10, 2020November 10, 2020 Shashank Raj Gupta
Banking sector : ICICI Bank launches ‘Mine’ for millennials

Question : ICICI Bank has recently announced the launch of India’s first comprehensive banking programme for millennial customers.What is the age group of these customers ?(a) 18 years to 35 years(b) 28 years to 55 […]

EconomicsEconomics

HDFC Bank : Numero uno in Indian Financial Sector

November 9, 2020November 9, 2020 Shashank Raj Gupta

Question : HDFC Bank has recently become numero uno in Indian financial sector. Which poll revealed that ?(a) Asia’s Outstanding Companies Poll 2019(b) World’s Outstanding Companies Poll 2019(c) India’s Outstanding Companies Poll 2019(d) None of […]

EconomicsEconomics

World Economic Outlook, October 2020

October 16, 2020October 16, 2020 Shashank Raj Gupta

Question : How much India’s economy contract as estimated for the year 2020 according to the World Economic Outlook Update, October 2020, published by the International Monetary Fund (IMF)?(a)-10.3 percent(b)-11.3 percent(c)-12.6 percent(d)-9.2 percentAnswer (a)Related facts […]

EconomicsEconomics

RBI : Non-implementation of provisions made under Basel III capital

October 7, 2020October 7, 2020 Shashank Raj Gupta

Question : RBI has recently deferred implementation of provisions made under Basel III capital due to uncertainty related to Covid crisis.What is the minimum capital adequacy ratio that banks must maintain Under Basel III ?(a)1.5 […]

EconomicsEconomics

RBI draft on Rupee interest rate derivatives

September 30, 2020September 30, 2020 Shashank Raj Gupta

Question : The Reserve Bank on Tuesday proposed allowing foreign portfolio investors (FPIs) to undertake exchange-traded rupee interest rate derivatives transactions subject to an overall ceiling of —(a) Rs 5,000 crore.(b) Rs 7,000 crore.(c) Rs […]

EconomicsEconomics

MMTC-PAMP launches buy-back, exchange offers for gold

September 28, 2020September 28, 2020 Shashank Raj Gupta
MMTC-PAMP launches buy-back, exchange offers for gold

Question : Bullion refiner MMTC-PAMP has recently launched a buy-back and exchange offer for gold in the national capital in a move to help the pandemic-affected people offset their economic hardships.Which type of gold bars […]

EconomicsECONOMIC

EASE Banking Reforms Index

September 17, 2020September 17, 2020 Devendra Yadav

Question:Parameters to rank Public Sector Banks by EASE Banking Reforms Index includes which of the following:(1) Responsible banking(2) Customer Responsiveness(3) Credit off take(4) Deepening Financial Inclusion and DigitizationWhich is/are correct?(a) 1 and 3(b) 3 and […]

EconomicsCurrent Affairs Economics News

ADB & India Sign $500 Million Loan for Delhi-Meerut RRTS Corridor

September 16, 2020September 16, 2020 Devendra Yadav

Question:The Government of India signed a $500 million loan with whom, to build a modern, high-speed 82-kilometer Delhi-Meerut Regional Rapid Transit System corridor?(a) World Bank(b) IMF(c) Asian Infrastructure Investment Bank(d) Asian Development BankAnswer:(d) Context: The […]

EconomicsCurrent Affairs Economics News

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