Current Affairs - Finance

Exercise : Finance - Latest Current Affairs
  • Finance - Latest Current Affairs
136.
With which financial institution has India Mortgage Guarantee Corporation (IMGC) partnered to offer mortgage guarantee-backed home loans?
Bank of India
State Bank of India
Indian Bank
Canara Bank
Answer: Option
Explanation:
India Mortgage Guarantee Corporation (IMGC has partnered with Bank of India (BOI) to offer mortgage guarantee-backed home loans, targeting affordable housing segments for both salaried and self-employed individuals.

137.
Which organization introduced service charges for Aadhaar Enabled Payment System (AePS) transactions from June 15, 2022?
Indian Bank
India Post Payments Bank
State Bank of India
Bank of India
Answer: Option
Explanation:
India Post Payments Bank (IPPB) implemented service charges for AePS transactions from June 15, 2022, where the first three transactions per month are free, with subsequent transactions incurring charges.

138.
Which country recently amended its Double Taxation Avoidance Agreement with India to include a principal purpose test (PPT)?
Mauritius
Maldives
Myanmar
Mongolia
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.

139.
What percentage of stake is Japan's MUFG set to acquire in HDB Financial Services?
10%
15%
25%
20%
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.

140.
In which country is PhonePe partnering to promote UPI during a New Year festival?
Bhutan
Srilanka
Nepal
Bangladesh
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.