Current Affairs - Business

Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
426.
What is Crisil's forecast for India's bank credit growth in FY23-24?
13.0-13.5%
13.5-14.0%
14.0-14.5%
14.5-15.0%
Answer: Option
Explanation:
Crisil has forecast India's bank credit growth to decline to 13.0-13.5% in FY23-24, citing factors such as slower GDP growth, reduced inflation's impact on working capital, and robust bond issuances.

427.
Which financial institution has partnered with IndusInd Bank to issue a co-branded credit card?
Poonawalla Fincorp
HDFC Bank
Kotak Mahindra Bank
Axis Bank
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has granted its approval for Poonawalla Fincorp’s collaboration with IndusInd Bank to issue a co-branded credit card.

428.
Which organization has entered into a MoU with Punjab National Bank to co-finance loans amounting to ₹55,000 crore in power and infrastructure projects over the next three years?
Indian Renewable Energy Development Agency
Power Finance Corporation
NTPC
REC Ltd.
Answer: Option
Explanation:
REC Ltd. has entered into a MoU with Punjab National Bank to co-finance loans amounting to ₹55,000 crore in power and infrastructure projects over the next three years.

429.
Which automobile manufacturer has partnered with the Indian Navy to promote career opportunities among the youth of Northeastern India through the 'Khamree Mo Sikkim' outreach programme?
Tata Motors
Mahindra & Mahindra
Maruti Suzuki India
Ashok Leyland
Answer: Option
Explanation:
Maruti Suzuki India has partnered with the Indian Navy to promote career opportunities among the youth of Northeastern India through the 'Khamree Mo Sikkim' outreach programme.

430.
How much non-basmati white rice has the Government of India permitted to be exported to the United Arab Emirates (UAE)?
60,000 tons
65,000 tons
70,000 tons
75,000 tons
Answer: Option
Explanation:
The Government of India has permitted the export of 75,000 tons of non-basmati white rice to the UAE.