Current Affairs - Finance

Exercise : Finance - Latest Current Affairs
  • Finance - Latest Current Affairs
151.
Which company's board approved a plan to raise Rs 12,000 crore through the issuance of bonds in 2024-25?
Power Grid
NTPC
Adani Power
Tata Power
Answer: Option
Explanation:
The Power Grid Corporation of India's board approved a plan to raise Rs 12,000 crore through the issuance of bonds in 2024-25. Power Grid is the largest electric power transmission utility in the country, operating a significant portion of the Inter-Regional networks.

152.
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.

153.
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.

154.
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.

155.
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.