Current Affairs - Finance
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Exercise : Finance - Latest Current Affairs
- Finance - Latest Current Affairs
1.
Which company became a signatory to the United Nations Global Compact, committing to integrate ESG principles into its operations?
Answer: Option
Explanation:
L&T Finance Ltd became a signatory to the United Nations Global Compact (UNGC), marking a significant step toward embedding Environmental, Social, and Governance (ESG) principles into its business strategy. By joining this global initiative, the company aligns itself with internationally recognized standards focused on human rights, labour practices, environmental protection, and anti-corruption. It also commits to supporting the Sustainable Development Goals (SDGs). As part of this engagement, the company must submit an annual Communication on Progress report, ensuring transparency, accountability, and continuous improvement in its sustainability efforts.
Date : 2026-03-25
2.
Which company launched India’s first passive hybrid index fund combining equity and government securities?
Answer: Option
Explanation:
Edelweiss Asset Management is the entity that introduced India’s first passive hybrid index fund, marking an important innovation in the mutual fund industry. The fund combines equity exposure through the Nifty LargeMidcap250 Index with debt investment in government securities via the Nifty 8–13 year G-Sec Index. This structure allows investors to benefit from both market growth and relative stability. The initiative follows regulatory approvals for debt indices and aims to provide a diversified investment option that balances risk and returns, making it suitable for investors seeking long-term financial stability.
Date : 2026-03-21
3.
Which international organisation partnered with India to launch a $299.66 million program to improve air quality in Uttar Pradesh?
Answer: Option
Explanation:
The World Bank is the international organisation that partnered with the Government of India and the state of Uttar Pradesh to launch the $299.66 million Clean Air Management Program. This initiative focuses on reducing air pollution by targeting major sources such as transport, industries, and agriculture. It also includes the installation of nearly 200 air quality monitoring stations and encourages the use of cleaner technologies like electric vehicles and improved brick kiln methods. The program highlights collaboration between global financial institutions and national governments to address environmental challenges while supporting sustainable development and public health improvements.
Date : 2026-03-17
4.
Which payments company partnered with Gnani.ai to launch an agentic AI platform enabling in-call UPI payments during live customer conversations?
Answer: Option
Explanation:
Gnani.ai collaborated with Razorpay to introduce an innovative agentic AI collections platform that enables customers to complete UPI payments during live calls without disconnecting or switching to external links. The platform combines Gnani.ai’s advanced AI systems, capable of handling over 10 million calls daily, with Razorpay’s Model Context Protocol (MCP) server to create a seamless, real-time payment interface. This deployment represents one of India’s first production-level uses of autonomous AI agents executing financial transactions, significantly enhancing operational efficiency for enterprises in sectors such as BFSI, telecom, utilities, and e-commerce.
Date : 2026-03-02
5.
Which organisation provided a USD 150 million direct loan and acted as the mandated lead arranger for IIFL Home Finance’s USD 300 million financing package?
Answer: Option
Explanation:
The USD 300 million financing agreement was structured to expand affordable housing loans, particularly targeting women borrowers from economically weaker and lower-middle-income groups. Out of the total amount, USD 150 million was provided directly by the Asian Development Bank, while the remaining USD 150 million was raised through parallel loans from institutions such as MUFG, Emirates NBD, Sampath Bank, and Hatton National Bank. The Asian Development Bank also served as the mandated lead arranger and bookrunner for the entire package, highlighting its key role in promoting financial inclusion, women’s empowerment, and sustainable urban development in India.
Date : 2026-03-02
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