Current Affairs - Finance

Exercise : Finance - Latest Current Affairs
  • Finance - Latest Current Affairs
91.
Which organization has financed 80% of the total project cost of Atal Setu, the longest bridge in India?
United Nations Development Programme (UNDP)
International Finance Corporation (IFC)
Japan International Cooperation Agency (JICA)
European Bank for Reconstruction and Development (EBRD)
Answer: Option
Explanation:
The Japan International Cooperation Agency (JICA) has been a crucial financial contributor to the Atal Setu project, Mumbai, covering 80% of the total cost. This support underscores the collaborative efforts between India and Japan in enhancing infrastructure, with the remaining project cost shared by the state and central governments.

92.
Which financial institution signed an MoU with DAY-NRLM for the 'Svyam Siddha' financial product, facilitating enterprise financing for self-help group (SHG) women in rural India?
HDFC Bank
ICICI Bank
Federal Bank
SBI
Answer: Option
Explanation:
SBI, represented by Chief General Manager Shantanu Pendsey, signed an MoU with DAY-NRLM for the 'Svyam Siddha' financial product, aiming to facilitate enterprise financing for self-help group (SHG) women in rural India.

93.
Which Indian state leads in the number of investors in the NSE, with 1.49 crore registered investors in 2023?
Tamil Nadu
Maharashtra
Uttar Pradesh
Gujarat
Answer: Option
Explanation:
Maharashtra has emerged as the leader in the number of investors on the NSE, boasting 1.49 crore registered investors in 2023. This surge of 22% in the NSE investor base reflects a significant increase in retail investor participation.

94.
Which bank recently concluded a successful issuance of $1 billion through a Syndicated Social Loan for the domestic ESG financing market?
ICICI Bank
HDFC Bank
Axis Bank
State Bank of India
Answer: Option
Explanation:
The State Bank of India, in response to the growing demand in the domestic Environmental, Social, and Governance (ESG) financing market, secured $1 billion through a Syndicated Social Loan. The issuance comprised $750 million, with an additional $250 million as a green shoe option, as disclosed in the regulatory filing made by SBI.

95.
Which Indian state received the highest special assistance under the Scheme for Special Assistance to States for capital expenditure/investment in the last four years?
Maharashtra
Uttar Pradesh
Karnataka
Tamil Nadu
Answer: Option
Explanation:
Uttar Pradesh has emerged as the top recipient among states, securing ₹22,857.9 crore (14% of the total release) out of the ₹1,67,518.6-crore special assistance (loan) allocated by the Centre under the Scheme for Special Assistance to States for capital expenditure/investment in the last four years.