IndiaBIX

Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
276.
In the month of April 2023, investments in P-notes hit a four-month high of how many crores?
95,911
95,645
98,900
96,856
Answer: Option
Explanation:
Investments in P-notes reached a four-month high of Rs 95,911 crore in April.
Date : 2023-06-01
277.
Under the new digital reporting and communication system to address loan defaults exceeding Rs 50 crore, which organization will communicate with banks?
Central Economic Intelligence Bureau (CEIB)
Department of Revenue
Integrated Finance Division
Public Debt Management Cell
Answer: Option
Explanation:
The government has approved a new digital reporting and communication system to address loan defaults exceeding Rs 50 crore. Instead of relying on paper-based communication, the Union government has introduced a digital mechanism. Under this system, the Central Economic Intelligence Bureau (CEIB) will send digital reports to public sector banks within 15 days of a loan request at the pre-approval stage.
Date : 2023-05-31
278.
What is the expected growth rate of India's GDP (gross domestic product) in FY23 according to the latest report by SBI Ecowrap?
5.4%
7.1%
4.7%
8.2%
Answer: Option
Explanation:
The latest report by SBI Ecowrap indicates that India's GDP (gross domestic product) is expected to grow at a rate of 7.1% in FY23, aligning with the second advance estimates released by the National Statistical Office (NSO) in February.
Date : 2023-05-31
279.
According to a recent report by PwC India, what percentage of retail digital payments are UPI transactions expected to account for by 2026-27?
90%
80%
70%
60%
Answer: Option
Explanation:
The PwC India report indicates that UPI transactions are projected to represent 90% of retail digital payments in India by 2026-27, surpassing one billion transactions per day.
Date : 2023-05-29
280.
Which service provider has become the first digital payments app to enable the linkage of 2 lakh Rupay credit cards to the Unified Payments Interface (UPI)?
BHIM
PhonePe
Google Pay
Paytm
Answer: Option
Explanation:
PhonePe, a Digital payment service provider, announced that it has become the first digital payments app to enable the linkage of 2 lakh Rupay credit cards to the Unified Payments Interface (UPI).
Date : 2023-05-28
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