1. The Bank to sign MoU with South-Central Railway zone of the Indian Railways, for doorstep collection of earnings from the railway stations?
Indian Bank
Bank of Baroda
State Bank of India
Bank of India
Answer: C
2. Indian state has topped the production of vegetables in 2018-19, as per Ministry of Agriculture?
Bihar
West Bengal
Madhya Pradesh
Maharashtra
Answer: B
3. Which Indian tele-com service provider recently got approval from the telecom department to raise the FDI limit to 100%?
Jio
Bharti Airtel
Vodafone Idea
MTNL
Answer: B
4. Indian automobile to acquire the automotive business of Ford India?
Mahindra & Mahindra
Tata Motors
Hyundai
Honda Motors
Answer: A
5. GDP growth rate of India in FY 20, as per the recent estimates (Feb ’20) of Fitch solutions?
5.4%
5.3%
5.1%
4.9%
Answer: D <4.9%>
6. India’s economic growth rate for 2020-21, as estimated by OECD (Organisation for Economic Cooperation and Development)?
4.6%
4.8%
5.1%
5.4%
Answer: C <5.1%>
7. First Indian airline to partner with a Special Economic Zone (SEZ) for setting up warehousing facility?
Air Asia
SpiceJet
Vistara
Jet Airways
Answer: B
8. As per the recent notification of the Reserve Bank of India, what is the limit for Urban cooperative banks (UCBs), to lend to a single borrower?
10% of tier-I capital
15% of tier-I capital
22% of tier-I capital
27% of tier-I capital
Answer: B <15% of tier-i capital >
9.Indian p rivate sector bank has recently rolled out banking services on WhatsApp amidst the nation-wide lock-down?
HDFC Bank
ICICI Bank
Standard chartered Bank
Yes Bank
Answer: B
10. As per the recent notification of the Reserve Bank of India, what is the new deadline for exporters to realise their export proceeds for exports made up to July 31?
11 months
12 months
15 months
14 months
Answer: C <15 months>
11. Indian bank to launched a campaign named ‘Safety Grid’, to encourage people maintain social distancing while waiting at public places?
ICICI Bank
HDFC Bank
State Bank of India
IDFC Bank
Answer: B
12. In the recent economic stimulus package, it was announced that India is to become a global MRO hub. In this context, MRO is associated with which sector?
Education Sector
Aviation Sector
Power Sector
Solar Sector
Answer: B
13. What is the minimum threshold to initiate insolvency proceedings under the IBC (Insolvency and Bankruptcy Code), as proposed in the economic package?
Rs. 15 lakh
Rs. 25 lakh
Rs. 1.4 Crore
Rs. 1 Crore
Answer: D
Notes:
The Union Finance Minister recently announced to raise the minimum threshold to initiate insolvency proceeding to Rs 1 crore from the present limit Rs 1 lakh to benefit MSMEs.
This move will give relief to the companies that default on loans due to the Covid-19 stress. It was also announced that no fresh insolvency will be initiated for one year under the Insolvency and Bankruptcy Code and the Covid-19 related debt will be excluded from the definition of default. She also proposed decriminalisation of the Companies Act for violations involving minor technical and procedural defaults.
14. Finance Ministry has called for advisors for the process of Initial Public Offering (IPO) of which organisation?
General Insurance Corporation Ltd
Bharat Petroleum Corporation Ltd
Life Insurance Corporation of India
Indian Oil Corporation of India
Answer: C
15. Indian stock exchange to become the world’s 10th largest exchange with market capitalisation of $1.7 trillion?
National Stock Exchange
Bombay Stock Exchange
Over the Counter Exchange of India
Madras Stock Exchange
Answer: B
16. As per the World Bank’s classification, India is retained in which category of income group?
Low-income
Lower-middle income
Upper-middle income
None of the above
Answer: B
17. Which organisation has signed a Memorandum of Understanding with Central Board of Direct Taxes (CBDT), for mutual data exchange?
Reserve Bank of India
Securities and Exchange Board of India
NITI Aayog
MCA
Answer: B
18. Jio Platforms is to partner with which Technology company to develop a new operating system for smartphone in India?
Microsoft
Xiaomi
Apple
Answer: B
19. Which state is the top investment destination in India in first quarter of 2019-20, as per Projects Today?
Maharashtra
Tamil Nadu
Gujarat
Andhra Pradesh
Answer: B
20. The Income Tax Department is conducting an e-campaign on voluntary Income Tax compliance for which financial year?
FY 2018-19
FY 2019-20
FY 2020-21
FY 2021-22
Answer: A
21. What is the name of the faceless assessment programme launched by the Central Board of Indirect Taxes and Customs?
Bharat Customs
Turant Customs
Legal Customs
Clear Customs
Answer: B
22. Which Indian state has topped in the disbursements to MSMEs under Emergency Credit Line Guarantee Scheme?
Uttar Pradesh
Gujarat
Tamil Nadu
Kerala
Answer: C
23. Which Indian air carrier has aqui-hired airline technology company Travenues?
SpiceJet
IndiGo
AirIndia
Vistara
Answer: A
24. Public sector bank to launched ‘Insta Click Savings Account’?
Union Bank of India
Bank of Baroda
Bank of Maharashtra
Bank of India
Answer: B
25. What is the new repo rate, after the Monetary Policy Committee meeting of August 2020?
4.75 per cent
4.5 per cent
4.0 per cent
3.8 per cent
Answer: C <4.0 per cent>