Current Affairs - Economy

Exercise : Economy - Latest Current Affairs
  • Economy - Latest Current Affairs
341.
What is the name of the Indian government's invoice incentive scheme for enhancing transparency in financial transactions?
Swachh Bill Abhiyan
Bill in India Scheme
Mera Bill Mera Adhikar
Sabka Saath Sabka Bill
Answer: Option
Explanation:
In a significant move towards enhancing transparency in financial transactions and empowering consumers, the Indian government is set to launch the ‘Mera Bill Mera Adhikar‘ invoice incentive scheme.

342.
What is the name of the platform launched by Cashfree Payments and API banking solutions introduced to help businesses optimize?
Customer Payments
Vendor Payments
Supplier Payments
Payment Efficiency
Answer: Option
Explanation:
Cashfree Payments, India’s leading provider of payments and API banking solutions, introduced ‘Vendor Payments,’ a comprehensive platform that enables businesses to optimize and manage their purchase-to-pay cycle, increasing efficiency and lowering processing time.

343.
What is the deficit amount of India's banking system liquidity as of August 2023?
236 billion rupees
100 billion rupees
500 billion rupees
1 trillion rupees
Answer: Option
Explanation:
Banking system liquidity stood at a deficit of 236 billion rupees ($2.84 billion) as of Aug. 21, according to RBI data. India's banking system liquidity has slipped into deficit for the first time in this financial year.

344.
What percentage of stake has Life Insurance Corporation (LIC) acquired in Jio Financial Services (JFSL) recently?
6.7%
10%
5%
20%
Answer: Option
Explanation:
Life Insurance Corporation (LIC) has announced its acquisition of a 6.7% stake in Jio Financial Services (JFSL), a non-banking financial services unit that emerged from the conglomerate helmed by Mukesh Ambani – Reliance Industries.

345.
What percentage of Jan Dhan accounts are owned by women?
56 Percent
58 Percent
54 Percent
44 Percent
Answer: Option
Explanation:
56% of Jan Dhan accounts are owned by women. The significant milestone achieved is reaching 50 crore Jan Dhan accounts within 9 years. The cumulative deposits have exceeded ₹2.03 lakh crore