Q1. Which of the FMCG company has acquired two digital first brands — OZiva and Wellbeing Nutrition — is in line with the premiumisation trend?
(a) Reliance Retail
(b) ITC
(c) Dabur India
(d) Hindustan Unilever’s
(e) None of the above
Q2. Adani Green Energy Ltd (AGEL), the renewables arm of Adani Group, has commissioned its third wind-solar hybrid power plant at which of the place?
(a) Chennai
(b) Mundra
(c) Jaisalmer
(d) Bangalore
(e) None of the above
Q3. Who has launched the country’s first-ever surety bond insurance product to reduce the dependence of infra developers of bank guarantee?
(a) Nirmala Sitharaman
(b) Nitin Gadkari
(c) Narendra Modi
(d) Shakti Kanta Das
(e) None of the above
Q4. As per the World Bank report, which nation will be the first country to receive 100 billion US dollar from remittances during the year of 2022?
(a) Mexico
(b) China
(c) USA
(d) India
(e) None of the above
Q5. Which of the bank has declared ZERO Fee Banking on savings accounts and waived fees on multiple banking services, including Passbook charges, NEFT charges?
(a) Canara Bank
(b) IndusInd Bank
(c) IDFC FIRST Bank
(d) Kotak Mahindra Bank
(e) None of the above
Q6. Which of the following has put in place a framework to allow overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities not specifically permitted in the Indian domestic market?
(a) Finance Ministry
(b) Securities and Exchange Board of India
(c) Reserve Bank of India
(d) Indian Banks Association
(e) None of the above
Q7. The Reserve Bank of India has signed a Currency Swap Agreement with the _________Monetary Authority (MMA) to enable MMA to make drawals in multiple tranches up to a maximum of $200 million.
(a) Mexico
(b) Maldives
(c) Myanmar
(d) Morocco
(e) None of the above
Q8. Select the correct option who received in-principle approval from the capital markets regulator Securities Exchange Board of India (Sebi) to set up a Social Stock Exchange (SSE) as a separate segment.
(a) NSE
(b) GIFT
(c) BSE
(d) IFSCA
(e) None of the above
Q9. Indian Premier League surpasses what amount of valuation and becomes decacorn recently?
(a) $10 billion
(b) $1 billion
(c) $10 trillion
(d) $1 trillion
(e) None of the above
Q10. Which of the international financial agency has provided a loan to mortgage giant HDFC in the amount of USD 400 million for the financing of green, affordable housing units?
(a) Reserve Bank of India
(b) Asian Development Bank
(c) World Bank
(d) International Finance Corporation
(e) None of the above
Solutions
S1. Ans(d)
Sol. Hindustan Unilever’s (HUL) acquisition of two digital first brands — OZiva and Wellbeing Nutrition — is in line with the premiumisation trend with an increasing number of FMCG players foraying in the high growth wellness and nutrition category, which has gained prominence amongst consumers in the post-pandemic world.
S2. Ans (c)
Sol. Adani Green Energy Ltd (AGEL), the renewables arm of Adani Group, has commissioned its third wind-solar hybrid power plant at Jaisalmer in Rajasthan.
S3. Ans(b)
Sol. Road, transport and highways minister Nitin Gadkari launched the country’s first-ever surety bond insurance product, a move that would reduce the dependence of infra developers of bank guarantee.
S4.Ans (d)
Sol. India will be the first country in the world to receive $100 billion from remittances during 2022, the World Bank has said.
S5. Ans(c)
Sol. IDFC FIRST Bank has declared ZERO Fee Banking on savings accounts and waived fees on multiple banking services, including Passbook charges, NEFT charges.
S6. Ans(c)
Sol. The Reserve Bank of India (RBI) has put in place a framework to allow overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities not specifically permitted in the Indian domestic market.
S7. Ans(b)
Sol. The Reserve Bank of India has signed a Currency Swap Agreement with the Maldives Monetary Authority (MMA) to enable MMA to make drawals in multiple tranches up to a maximum of $200 million from the RBI.
S8. Ans(a)
Sol. One of the leading stock exchanges in India – The National Stock Exchange of India (NSE) received in-principle approval from the capital markets regulator Securities Exchange Board of India (Sebi) to set up a Social Stock Exchange (SSE) as a separate segment.
S9. Ans(a)
Sol. The Indian Premier League (IPL), whose total valuation has surpassed $10 billion, has evolved into a decacorn.
S10. Ans(d)
Sol. As part of their efforts to promote climate goals, the International Finance Corporation (IFC) has provided a loan to mortgage giant HDFC in the amount of USD 400 million for the financing of green, affordable housing units.