Current Affairs - Finance

Exercise : Finance - Latest Current Affairs
  • Finance - Latest Current Affairs
221.
How much loan has the Asian Development Bank (ADB) approved for the modernization of water supply services in Kochi?
$120 million
$150 million
$170 million
$200 million
Answer: Option
Explanation:
The Asian Development Bank (ADB) has approved a substantial $170 million loan to facilitate the modernization of water supply services in Kochi, Kerala aiming to elevate urban living standards, ensure access to clean water, and strengthen climate resilience.

222.
Who launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE)?
Madhabi Puri Buch
Rajesh Kumar
Neha Sharma
Arjun Patel
Answer: Option
Explanation:
Madhabi Puri Buch launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange to address investor risks during technical glitches.

223.
According to the recent fund manager survey (FMS) conducted by Bank of America (BofA), which two countries emerged as the most favoured markets in the Asia Pacific region?
China and Australia
Thailand and Japan
India and Thailand
Japan and India
Answer: Option
Explanation:
In the Bank of America survey, Japan and India are identified as the most preferred markets in the Asia Pacific region, with Japan holding the top position and India following closely.

224.
Where is the Financial Action Task Force (FATF) headquartered, whose team has started on-site review meetings in India to assess the country’s legal framework against money laundering and terrorist financing?
Paris
London
Washington, D.C.
Geneva
Answer: Option
Explanation:
The Financial Action Task Force (FATF), conducting on-site review meetings in India, is headquartered in Paris. The assessment aims to evaluate India’s legal framework concerning the combat against money laundering and terrorist financing.

225.
Under the recent directive from the Reserve Bank of India, Bajaj Finance is instructed to halt loans for which two lending products?
‘QuickCash’ and ‘SwiftLoan’
‘FlexPay’ and ‘RapidCredit’
‘LoanExpress’ and ‘SpeedyFund’
‘eCOM’ and ‘Insta EMI’
Answer: Option
Explanation:
The Reserve Bank of India (RBI) directed Bajaj Finance to immediately cease the sanction and disbursal of loans under the lending products 'eCOM' and 'Insta EMI Card.' This action was taken due to the company’s non-adherence to the existing provisions outlined in the Digital Lending Guidelines of the Reserve Bank of India.