Current Affairs - Economy

Exercise :: Economy - Latest Current Affairs

  • Economy - Latest Current Affairs
56. 

In which country Blockchain-based carbon trading exchange has been launched?

A. Malaysia
B. Japan
C. Singapore
D. China

Answer: Option C

Explanation:

New technology, blockchain-based carbon trading exchange has been launched in Singapore. This will enable airlines and other corporate buyers to buy and sell tokens approved by the International Civil Aviation Organization and supported by carbon offset credits.

57. 

The Central government has formed a panel to suggest measures to mitigate financial stress in the sector. Who is head of this panel?

A. Subrahmanyam Jaishankar
B. Rajiv Gauba
C. Jitendra Singh
D. Hardeep Singh Puri

Answer: Option B

Explanation:

The Central government has formed a panel headed by the Cabinet Secretary (Rajiv Gauba, IAS, since 30 august 2019) to suggest measures to mitigate financial stress in the sector. The move comes after the Supreme Court ordered telecom companies to pay Rs.1.42 trillion in past statutory dues.

58. 

India has been ranked at which position in the 2019 Ease of Doing Business rankings?

A. 56th
B. 63rd
C. 68th
D. 78th

Answer: Option B

Explanation:

India was ranked at the 63rd position in the 2019 Ease of Doing Business rankings. The rankings were released by the World Bank.

59. 

Which app has won the DigiDhan Mission Fin-tech Award 2018-2019?

A. PhonePe
B. BharatPe
C. BHIM
D. Paytm

Answer: Option B

Explanation:

BharatPe has won the DigiDhan Mission Fin-tech Award 2018-2019 for 'Innovation in Digital Payments through Emerging Technology' at the MeitY Start-up Summit 2019 held in Delhi.

60. 

Which among these is the first Indian firm to reach the Rs 9 lakh crore market valuation mark?

A. State Bank of India
B. Reliance Industries
C. HDFC
D. TCS

Answer: Option B

Explanation:

Oil-to-telecom major Reliance Industries (RIL) became the first company in India to hit the market capitalisation of Rs 9 lakh crore.