Business, Economy & Banking (MCQs)
Categories: OTHERS
Q.1. Recently, which organization has launched the ‘Bank Clinic’ initiative to assist bank customers with grievance redressal?
(A) All India Bank Employees’ Association (AIBEA)
(B) State Bank of India (SBI)
(C) Ministry of Finance
(D) None of the Above
Ans. (A) All India Bank Employees’ Association (AIBEA)
Q.2. Recently, which two organizations have jointly developed a “Unified India Organic” logo to replace the India Organic and Jaivik Bharat logos?
(A) FSSAI and ICAR
(B) FSSAI and APEDA
(C) FSSAI and FDA
(D) FSSAI and WHO
Ans. (B) FSSAI and APEDA
Q.3. Recently, which country emerged as India’s third largest export destination in 2023-24?
(A) Netherlands
(B) Mexico
(C) Malaysia
(D) Singapore
Ans. (A) Netherlands
Q.4. Recently, which department has launched a comprehensive survey to identify and address the challenges faced by MSMEs in adapting to new technologies?
(A) Department of Telecommunications
(B) Department of Consumer Affairs
(C) Department of Commerce
(D) Department of Economic Affairs
Ans. (A) Department of Telecommunications
Q.5. NPCI International Payments Ltd (NIPL) recently joined hands with which South American country to enable UPI payments?
(A) Brazil
(B) Argentina
(C) Peru
(D) Chile
Ans. (C) Peru
Q.6. Recently, CSC SPV signed an MoU with which ministry to convert 10,000 FPOs into CSCs?
(A) Ministry of Agriculture
(B) Ministry of Communications
(C) Ministry of Defence
(D) Ministry of MSMEs
Ans. (A) Ministry of Agriculture
Q.7. What is the primary purpose of the ‘Duty Drawback Scheme’, recently seen in news?
(A) To increase import duties
(B) To rebate the incidence of Customs and Central Excise duties on materials used in exported goods
(C) To provide loans to exporters
(D) To penalize non-compliant exporters
Ans. (B) To rebate the incidence of Customs and Central Excise duties on materials used in exported goods
Q.8. What is “sticky inflation”, recently seen in news?
(A) A temporary drop in prices
(B) A phenomenon where prices adjust quickly to changes in supply and demand
(C) A phenomenon where prices do not adjust quickly to changes in supply and demand
(D) A significant decline in consumer goods prices
Ans. (C) A phenomenon where prices do not adjust quickly to changes in supply and demand
Q.9. Ministry of External Affairs recently signed an MoU with which bank for digital payment services on eMigrate portal?
(A) State Bank of India
(B) Bank of India
(C) Canara Bank
(D) Bank of Baroda
Ans. (A) State Bank of India
Q.10. According to the UNCTAD report, India dropped to what position in 2023 in terms of FDI inflows?
(A) 9th
(B) 12th
(C) 14th
(D) 15th
Ans. (D) 15th