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Current Affairs - Finance

Exercise : Finance - Latest Current Affairs
  • Finance - Latest Current Affairs
231.
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.
Date : 2023-11-19
232.
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.
Date : 2023-11-16
233.
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.
Date : 2023-11-16
234.
With whom did SIDBI collaborate to introduce the 'Sumpoorn' MSME Economic Activity Index?
Jocata
Alviere
Jade ThirdEye
Finastra
Answer: Option
Explanation:
SIDBI partnered with Jocata, a digital lending transformation platform, to launch the innovative 'Sumpoorn' MSME Economic Activity Index, offering a real-time snapshot of India’s essential MSME sector, contributing significantly to the country’s Gross Value Added (GVA) and exports.
Date : 2023-11-15
235.
Which group of investors is now allowed to freely invest in the Government's Sovereign Green Bonds for 2023-24?
Resident Indians
Non-Resident Indians
Foreign Institutional Investors
Qualified Foreign Investors
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has issued a notification, granting Non-Resident Indians (NRIs) unrestricted investment access to the Government’s Sovereign Green Bonds for the fiscal year 2023-24.
Date : 2023-11-10
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