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ECONOMY MCQs

Total Questions : 102 | Page 8 of 11 pages
Question 71.

What is the CPI-based inflation recorded in July 2022?

  1.    7.71 %
  2.    5.71 %
  3.    4.71 %
  4.    6.71 %
 Discuss Question
Answer: Option D. -> 6.71 %
The National Statistical Office, the Consumer Price Index (CPI)-based inflation eased marginally to 6.71 per cent in July from 7.01 per cent in the previous month.
Question 72.

RBI and government-assisted banks have recovered bad loans of more than how many lakh crore over the previous eight fiscal years?

  1.    Rs 9.6 lakh crore
  2.    Rs 5.6 lakh crore
  3.    Rs 7.6 lakh crore
  4.    Rs 8.6 lakh crore
 Discuss Question
Answer: Option D. -> Rs 8.6 lakh crore
The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
Question 73.

Which company launched its indigenous Made-in-India consumer packaged goods brand, "Independence" on 15 December 2022 in Gujarat?

  1.    Reliance Consumer Products Limited
  2.    Walmart
  3.    Oil and Natural Gas Corporation
  4.    Tata Consultancy Services.
 Discuss Question
Answer: Option A. -> Reliance Consumer Products Limited
Reliance Consumer Products Limited, the FMCG arm of Reliance Retail Ventures Limited, launched its indigenous Made-inIndia consumer packaged goods brand, "Independence" on 15 December 2022 in Gujarat.
Question 74.

Jindal Steel and Power Limited (JSPL) will spend how many crores under the PLI scheme for specialty steel?

  1.    Rs 7900 crore
  2.    Rs 7300 crore
  3.    Rs 8400 crore
  4.    Rs 7930 crore
 Discuss Question
Answer: Option D. -> Rs 7930 crore
Jindal Steel and Power Limited (JSPL) will spend Rs 7,930 crore under the PLI scheme for specialty steel.
Question 75.

According to the finance minister, banks wrote off NPAs totalling more than how much money in the previous five years?

  1.    5 Lakh Crore
  2.    8 Lakh Crore
  3.    9 Lakh Crore
  4.    10 Lakh Crore
 Discuss Question
Answer: Option D. -> 10 Lakh Crore
Banks wrote off NPAs of more than Rs 10 lakh crore in the last five years according to the finance minister.
Question 76.

CBIC initiated investigations into GST evasion of what amount by gaming companies?

  1.    Rs. 30000 Crore
  2.    Rs. 28000 Crore
  3.    Rs. 44000 Crore
  4.    Rs. 23000 Crore
 Discuss Question
Answer: Option D. -> Rs. 23000 Crore
CBIC initiated investigations into GST evasion of Rs 23,000 crore by gaming companies.
Question 77.

Government received how many crore in the form of taxes from entities for transactions in virtual digital assets (VDAs), including cryptocurrencies?

  1.    60.46 crore
  2.    50.65 crore
  3.    70.49 crore
  4.    45.65 crore
 Discuss Question
Answer: Option A. -> 60.46 crore
The government received Rs 60.46 crore in the form of taxes from entities for transactions in virtual digital assets (VDAs), including cryptocurrencies.
Question 78.

S&P cuts India's growth forecast to how much percent for FY23?

  1.    6%
  2.    7%
  3.    8%
  4.    9%
 Discuss Question
Answer: Option B. -> 7%
S&P cuts India's growth forecast to 7 percent for FY23.
Question 79.

IRDAI approves MFSL Acquisition on residual how much stake held by MSI in Max Life?

  1.    5%
  2.    6%
  3.    5.17%
  4.    8%
 Discuss Question
Answer: Option C. -> 5.17%
IRDAI approves MFSL Acquisition on residual 5.17% stake held by MSI in Max Life.
Question 80.

Emirates officially signed a unilateral codeshare partnership with which airline company?

  1.    Air Asia
  2.    Gulf Air
  3.    Sahara
  4.    Tej
 Discuss Question
Answer: Option B. -> Gulf Air
Emirates and Gulf Air have today officially signed a unilateral codeshare partnership

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