Important Current Affairs Quiz for Bank Mains Exams 2021- 22nd October

Q1. The Organisation for Economic Co-operation and Development has lowered India’s growth projection for the ongoing fiscal to how much percent?
(a) 8.9%
(b) 9.7%
(c) 7.5%
(d) 10.5%
(e) None of the above

Q2. PAN-Aadhaar linking deadline has yet again been extended by the Central Government. What is the extended new deadline for linking?
(a) 31 December, 2021
(b) 30 August, 2022
(c) 30 November, 2021
(d) 31 March, 2022
(e) None of the above

Q3. India’s growth forecast for the calendar year (CY) 2021 at 9.6 per cent, in August update to ‘Global Macro Outlook 2021-22’ report. Which of the organisation released this report?
(a) Moody’s
(b) World Bank
(c) ICRA
(d) Morgan Stanley
(e) None of the above

Q4. How much GST revenue collected in the month of August 2021 approximately? (In Rs.)
(a) 1.16 trillion
(b) 1.12 trillion
(c) 1.03 trillion
(d) 1.19 trillion
(e) None of the above

Q5. The Indian digital payments provider BillDesk has been acquired merged with which of the following?
(a) Infibeam
(b) PayU
(c) Paytm
(d) PayPal
(e) None of the above

Q6. The Pension Fund Regulatory and Development Authority (PFRDA) has increased the entry age for the National Pension System (NPS) from _____ years to _____ years respectively.
(a) 50, 55
(b) 55, 60
(c) 60, 65
(d) 65, 70
(e) None of the above

Q7. The crypto industry in India has the potential to add $184 billion of economic value, in the form of investments and cost savings, by 2030, according to a report. The report, entitled “Crypto Industry in India. Which of the following has released this report?
(a) FICCI
(b) NASSCOM
(c) ASSOCHAM
(d) NPCI
(e) None of the above

Q8. Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman has chaired the ____ meeting of the Financial Stability and Development Council (FSDC) in the month of September 2021.
(a) 18th
(b) 20th
(c) 24th
(d) 22nd
(e) None of the above

Q9. Which of the following has once again extended the tenure of the Company Law Committee by one year until September 16, 2022?
(a) National Company Law Tribunal
(b) Ministry of Corporate Affairs
(c) SEBI
(d) Finance Ministry
(e) None of the above

Q10. What is the projection of the Asian Development Bank (ADB) for India’s economic growth for the current fiscal, 2021-22 (FY22)?
(a) 11%
(b) 12.3%
(c) 9.6%
(d) 10%
(e) None of the above

Solutions

S1.Ans(b)
Sol. The Organisation for Economic Co-operation and Development (OECD) has marginally lowered India’s growth projection for the ongoing fiscal to 9.7%.

S2.Ans(d)
Sol. PAN-Aadhaar linking deadline has yet again been extended by the Central Government. The deadline to link PAN with Aadhaar has been extended by six months to March 31, 2022 from the current deadline of Sept 30, 2021.

S3.Ans(a)
Sol. Moody’s Investors Service has retained India’s growth forecast for the calendar year (CY) 2021 at 9.6 per cent, in its August update to ‘Global Macro Outlook 2021-22’ report.

S4.Ans(b)
Sol. GST revenue remained above Rs 1 trillion marks for the second straight month in August at over Rs 1.12 trillion.

S5.Ans(b)
Sol. Netherlands-based Prosus NV has announced to acquire the Indian digital payments provider BillDesk and merge it with its own fintech service business PayU.

S6.Ans(d)
Sol. The Pension Fund Regulatory and Development Authority (PFRDA) has increased the entry age for the National Pension System (NPS) from 65 years to 70 years.

S7.Ans(b)
Sol. The report, entitled “Crypto Industry in India,” was published by the National Association of Software and Services Companies (NASSCOM) in conjunction with Binance-owned crypto exchange WazirX.

S8.Ans(c)
Sol. Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman has chaired the 24th meeting of the Financial Stability and Development Council (FSDC).

S9. Ans(b)
Sol. The Ministry of Corporate Affairs (MCA) has once again extended the tenure of the Company Law Committee by one year until September 16, 2022.

S10.Ans(d)
Sol. The Asian Development Bank (ADB) has revised downwards India’s economic growth forecast for the current fiscal, 2021-22 (FY22) to 10 per cent. Earlier this was projected at 11 per cent.