Current Affairs - Finance

Exercise : Finance - Latest Current Affairs
  • Finance - Latest Current Affairs
216.
What is the modified interest rate for the Sukanya Samriddhi Account Scheme (SSAS) according to the recent government decision?
7.1%
8.2%
8%
7%
Answer: Option
Explanation:
The recent government decision has increased the interest rate for the Sukanya Samriddhi Account Scheme (SSAS) to 8.2%, marking an adjustment from the previous rate of 8%.

217.
According to a document presented in Parliament by the Ministry for Road Transport and Highways, which Indian state bears the highest financial burden for national highway development?
Haryana
Uttar Pradesh
Maharashtra
Kerala
Answer: Option
Explanation:
Kerala bears the highest financial burden for national highway development, as per the document presented by the Ministry for Road Transport and Highways, owing to norms requiring states to cover 25% of the land acquisition cost.

218.
What was the consolidated balance sheet growth achieved by Indian banks in the fiscal year 2022-23, as per the RBI report?
10.5%
12.2%
15.8%
8.7%
Answer: Option
Explanation:
Indian banks achieved a remarkable 12.2% consolidated balance sheet growth in the fiscal year 2022-23, as highlighted in the RBI report, emphasizing the need for ongoing fortification through governance.

219.
What was the value of India's foreign exchange reserves in the week ending December 15, the highest level since March 2022?
$607 billion
$598 billion
$625 billion
$616 billion
Answer: Option
Explanation:
India's foreign exchange reserves reached a 20-month high, totalling $616 billion in the week ending December 15, marking the highest level since March 2022.

220.
What is the primary objective of the memorandum of understanding (MoU) signed between ArSRLM and SBI?
Facilitate agricultural development in Arunachal Pradesh
To offer extensive banking services to self-help groups
Enhance rural education infrastructure
Promote industrial growth in the state
Answer: Option
Explanation:
The MoU between ArSRLM and SBI aims to provide comprehensive banking services to self-help groups (SHGs) in Arunachal Pradesh, marking a strategic alliance for financial empowerment.