Current Affairs - Finance
Exercise : Finance - Latest Current Affairs
- Finance - Latest Current Affairs
106.
Which country recently amended its Double Taxation Avoidance Agreement with India to include a principal purpose test (PPT)?
Answer: Option
Explanation:
Mauritius recently amended its Double Taxation Avoidance Agreement (DTAA) with India by adding a principal purpose test (PPT) to prevent tax evasion, signalling changes in tax treatment for investments routed through Mauritius.
Date : 2024-04-15
107.
What percentage of stake is Japan's MUFG set to acquire in HDB Financial Services?
Answer: Option
Explanation:
Japan's MUFG is set to acquire a 20% stake in HDB Financial Services, a significant investment that reflects investor confidence in India's financial market and the growth potential of HDB Financial Services.
Date : 2024-04-13
108.
In which country is PhonePe partnering to promote UPI during a New Year festival?
Answer: Option
Explanation:
PhonePe collaborated with eSewa and HAN Pokhara to boost UPI adoption during Nepal's Fewa New Year Festival. This partnership aims to increase awareness and usage of digital payments among merchants and customers, showcasing the convenience of UPI transactions during the cultural event.
Date : 2024-04-12
109.
With which institution has Canara Bank signed an MoU for providing financial support to startups?
Answer: Option
Explanation:
Canara Bank has signed an MoU with SINE, IIT Bombay, to provide financial support to startups. This partnership aims to offer funding through Canara Bank's Start-Up Scheme and incubation support from SINE, empowering startups with resources and guidance for their growth.
Date : 2024-04-10
110.
What milestone did Pradhan Mantri Mudra Yojana (PMMY) loans surpass in FY24?
Answer: Option
Explanation:
In FY24, Pradhan Mantri Mudra Yojana (PMMY) loans surpassed the ₹5 lakh crore mark, reaching ₹5.20 lakh crore in disbursements. This milestone reflects the program's success in providing collateral-free institutional credit to small businesses, with significant growth and lower delinquency rates, driven by effective credit management mechanisms and empowering women entrepreneurs.
Date : 2024-04-09
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