Important Current Affairs Quiz for Bank Mains Exams 2022- 5th February |

Q1. India has achieved the highest ever monthly export of $37.29 billion in which of the month?
(a) October 2021
(b) September 2021
(c) December 2021
(d) November 2021
(e) None of the above

Q2. How much amount of financial aid has been extended by India to Sri Lanka to over forex crisis?
(a) USD 600 million
(b) USD 700 million
(c) USD 800 million
(d) USD 900 million
(e) None of the above

Q3. In the latest SBI Ecowrap report, what is the projected GDP growth rate of India in FY22?
(a) 9.7%
(b) 9.1%
(c) 9.5%
(d) 9.3%
(e) None of the above

Q4. The overall global gold demand in 2021 was recorded at what value as per the data by World Gold Council?
(a) 4,021.3 tonnes
(b) 3,658.8 tonnes
(c) 5,051.5 tonnes
(d) 3,749.2 tonnes
(e) None of the above

Q5. As per World Bank, what is the projected growth rate of Indian economy in current fiscal, FY22?
(a) 9.7%
(b) 8.0%
(c) 9.1%
(d) 8.3%
(e) None of the above

Q6. What is the interest rate applicable on the Public Provident Fund Account (PPF)?
(a) 7.7%
(b) 7.5%
(c) 7.1%
(d) 7.3%
(e) None of the above

Q7. Information Technology Minister Ashwini Vaishnaw has launched the India Semiconductor Mission (ISM). The fiscal support of up to ________ percent of the project.
(a) 30%
(b) 40%
(c) 50%
(d) 60%
(e) None of the above

Q8. United Nations World Economic Situation and Prospects (WESP) 2022 report projects India GDP at ____ in FY22.
(a) 3.5%
(b) 4.5%
(c) 5.5%
(d) 6.5%
(e) None of the above

Q9. According to RBI Paper the Optimal hedge ratio for External Commercial Borrowings (ECBs) is at what percentage?
(a) 76%
(b) 63%
(c) 55%
(d) 81%
(e) None of the above

Q10. Retail inflation of India in December 2021 rose to a six-month high of ______ per cent.
(a) 4.59
(b) 5.59
(c) 7.59
(d) 6.59
(e) None of the above

Solutions

S1.Ans(c)
Sol. India has achieved the highest ever monthly export of $37.29 billion in December 2021.

S2.Ans (d)
Sol. USD 900 million financial aids has been extended by India to Sri Lanka to over forex crisis.

S3.Ans(c)
Sol. In the latest SBI Ecowrap report, 9.5% is the projected GDP growth rate of India in FY22.

S4.Ans (a)
Sol. The overall global gold demand in 2021 was recorded at 4,021.3 tonnes as per the data by World Gold Council.

S5.Ans(d)
Sol. As per World Bank the projected growth rate of Indian economy in current fiscal, FY22 is 8.3%.

S6.Ans(c)
Sol. 7.1 percent is the interest rate applicable on the Public Provident Fund Account (PPF).

S7.Ans(c)
Sol. Information Technology Minister Ashwini Vaishnaw has launched the India Semiconductor Mission (ISM). The fiscal support of up to 50 percent of the project.

S8.Ans(d)
Sol. United Nations World Economic Situation and Prospects (WESP) 2022 report projects India GDP at 8.5% in FY22.

S9.Ans(b)
Sol. According to RBI Paper the Optimal hedge ratio for External Commercial Borrowings (ECBs) is at 63%.

S10.Ans(b)
Sol. Retail inflation of India in December 2021 rose to a six-month high of 5.59 per cent.