General knowledge(GK)/Current Affairs 2021- Economy Sample Test,Sample questions

Question:
  According to Goldman Sachs, what is Indias GDP growth rate for FY21?

1.-10.3

2.-9.8

3.-11.5

4.-10.5


Question:
  According to the report, the Indian economy is to contract by how much percent in 2020-21?

1.9.60%

2.8.50%

3.9%

4.10%


Question:
  Arrange the following in correct chronological order of their years of establishment? (RBI, SBI, IFCI, ICICI, NABARD, UTI)

1.RBI, SBI, IFCI, ICICI, NABARD, UTI

2.RBI, IFCI, ICICI,SBI, NABARD, UTI

3.RBI, IFCI, NABARD,ICICI,SBI, UTI

4.RBI, IFCI,ICICI,SBI, UTI, NABARD


Question:
  As per the latest data, what is Indias retail inflation in December 2020?

1.3%

2.4.59%

3.6.93%

4.5%


Question:
  Fitch Ratings Inc. in its June 2020 update of Global Economic Outlook, has lowered Indias growth forecast for FY 2021-22 to what percent from 9.5 % projected in may 2020?

1.8%

2.7.90%

3.6%

4.6.80%


Question:
  Government has notified the new Floating Rate Savings Bonds, 2020 Scheme in place of 7.75% Savings Bonds, 2018. What is the new intrest rate?

1.7.35%

2.6.15%

3.6.75%

4.7.15%


Question:
  Indias GDP growth contract by what percent in April-June quarter?

1.10.6

2.23.9

3.29.3

4.35.6


Question:
  NCAER has projected Indias GDP growth rate 2020-21 contracted up to what amount?

1.6.5.

2.7.3

3.6.9

4.7.9


Question:
  RBI conducted the simultaneous purchase of Government Securities maturing between 2027 and 2033, and sale of 182 day and 364 day treasury bills under Open Market Operations for how much worth each?

1.Rs 20,000 crore

2.Rs 10,000 crore

3.Rs 30,000 crore

4.Rs 40,000 crore


Question:
  What is the Indias GDP growth rate that has been projected by the ICRA?

1.10.10%

2.11.20%

3.15%

4.9%


Question:
  What is the projected GDP of India as per the United Nations Department of Economic and Social Affairs in the Calendar year 2021?

1.9.60%

2.11%

3.8.40%

4.7.30%


Question:
  What is the projected GDP rate of India as per the report of Nomura for the fiscal 2020-21?

1.-6.7

2.-5.5

3.-10.5

4.-10


Question:
  Which among the following is a opposite activity of hedging in share / currency /future markets?

1.arbitrage

2.speculation

3.spread

4.short


Question:
  While opening a new account in a bank , a customer tenders along with the account opening form, relevant documents and a proper introduction & initial deposit. Which among the following is correct about initial deposit?

1. Initial deposit is a must to open an account and must be as cash

2.Initial deposit is a must to open an account and must be as Cheque

3.Initial deposit is a must to open an account and can be either cheque or Cash

4.Initial deposit is not required in some situation


Question:
 ADB approves USD __________ million to India to fight against COVID-19 pandemic.

1.3 Million

2.2 Million

3.5 Million

4.8 Million


Question:
 Government has decided to sell how much stake in Hindustan Aeronautics (HAL)?

1. 25 percent

2.15 percent

3.30 percent

4.50 percent


Question:
 How many sectors identified for loan restructuring?

1.15

2.21

3.26

4.36


Question:
 How much was the Ways and Means Advances (WMA) limit fixed by GoI for the 2 second half FY21?

1.RS 1,25,000 crore

2.RS 1,00,000 crore

3.RS 75,000 crore

4. RS 2,25,000 crore


Question:
 If the people prefer to keep cash with them rather than deposits, which among the following impacts will be seen on the Money Supply of the country?

1.The money supply of the country will increase

2.The money supply of the country will decrease

3.The money supply of the country will not change

4.The money supply of the country may increase or decrease


Question:
 Ind-Ra has projected Indias GDP growth rate 2020-21 contracted up to what amount?

1.7.80%

2.8.90%

3.6.90%

4.6.20%


Question:
 Indias GDP will contract by how much percnet in FY21 because of the COVID-19 pandemic, according to BofA Securities?

1.2%

2.3%

3.6%

4.4%


Question:
 Indias real GDP likely to contract by what percent in FY21?

1.10.9

2.15.9

3.23.9

4.29.63


Question:
 NSO has estimated the Indias GDP to contract by how many percent in 2020-21?

1.6.60%

2.7.70%

3.8.90%

4.10.50%


Question:
 Which company has introduced the Group Safeguard Health Insurance Scheme with FreePaycard?

1. Birla Sun Life

2.ICICI Lombard

3.LIC

4.Reliance


Question:
 Which of the following company introduced for the first time Traveller Cheques in the form of ‘circular notes’?

1.Cox & King

2.Thomas Cook

3.American Express

4.HSBC Bank USA


Question:
 Which organisation approved acquisition by Tau Investment, Lightstone Fund S.A and Carlyle Groups Comfort Investments II?

1.CCI

2.SSC

3.DSSSB

4.None of these


Question:
 Which organisation signed MoU With NTPC Subsidiary, NVVN?

1.AAI

2.DMRC

3.IRCTC

4.DTC


Question:
According to the Reserve Bank of India data, what is Indias external debt in March 2020?

1. $558.5 billion

2.$658.5 billion

3.$758.5 billion

4.$858.5 billion


Question:
According to the second advanced estimates of the National Statistical Office (NSO), what is the projected GDP growth rate of India in fiscal 2020-21?

1.-11%

2.-9%

3.-8%

4.-10%


Question:
As per Moodys, the GDP of India in FY22 is estimated at how much percent?

1.11%

2.12.50%

3.13.70%

4.9.90%


Question:
As per Oxford Economics, what is the projected GDP of India for the Calendar year 2021?

1.10.2 percent

2.8.8 percent

3.11 percent

4.9.5 percent


Question:
As per the IER Rank, which country will emerge as the second most resilient economy in 2021?

1.Japan

2.India

3.USA

4.Russia


Question:
As per the International Monetary Fund, which is the only key country that would record a double-digit growth rate in FY22?

1.India

2.China

3.USA

4.Russia


Question:
Council of Scientific & Industrial Research (CSIR) signed MoU with whom to collaborate in the area of Carbon Capture, Utilisation & Storage?

1.Reliance

2. TATA steel

3.Mahindra

4.Google


Question:
GDP of India has been projected at what percent in the fiscal 2020-21 by the IMF?

1.-9%

2.8%

3.10%

4.-8%


Question:
How much fall projected by the Global electricity demand due to pandemic?

1.4%

2.2%

3.3%

4.5%


Question:
ICRA has projected Indias GDP growth rate 2020-21 contracted up to what percent?

1.-10.5

2.-6.4

3.-7.8

4.-8.9


Question:
In context with the Branch licensing for foreign Banks in India, (which is exclusively under RBI), at least how many branch licenses require to be cleared every year by the RBI as per India’s World Trade Organization commitments?

1.10

2.12

3.16

4.20


Question:
In context with the financial markets in India, which among the following aims to trap the innocent investors and intends to create huge false volumes?

1.Dividend Stripping

2.Intra -Day trading

3.Forward trading

4. Circular trading


Question:
Interest Rate Policy is a part of which of the following?

1.Fiscal Policy

2.Monetary policy

3.Industrial Policy

4.All the above


Question:
RBI has decided to extend the enhanced borrowing facility provided to banks till which date to meet the liquidity shortage in the midst of the economic crisis caused by the coronavirus epidemic?

1.30-Nov-20

2.30-Dec-20

3.30-Oct-20

4.30-Sep-20


Question:
Round Tripping is normally used in context with which of the following _____?

1. Capital Markets

2. Foreign Direct Investments

3.Cash Deposits

4.Foreign Remittances


Question:
Suguna Foods Private Limited signed $15 million deal with which organisation?

1.World Bank

2.RBI

3.ADB

4.NABARD


Question:
The CARE lowered the centres fiscal deficit projection to how many percent of the GDP for FY21?

1.10%

2.8.50%

3.7.80%

4.9%


Question:
The DRDO has tested the indigenously developed Helina and Dhruvastra missile system. The two missiles are which type of missile?

1. Anti-submarine Missile

2. Anti-tank guided Missile

3.Surface-to-surface Missile

4.Anti-ballistic Missile


Question:
The FICCI has projected the GDP of India at which percent in FY21?

1.-11%

2.-8%

3.-10%

4.6%


Question:
The Fifteenth Finance Commission commission has recommended the grant of how much Rs. for the period FY 2020-21 for Rural Local Bodies? 

1.Rs.70,750 cr

2.Rs.60,750 cr

3.Rs.65,750 cr

4.Rs.55,750 cr


Question:
The IMF expects the GDP of India to rise up to which percent in the next FY 2021-22?

1.12%

2.10.50%

3.11.50%

4.9%


Question:
The Indian economy is expected to rebound to how much percent in FY22, as per the recent revision of outlook by ICRA?

1.13.50%

2.12.50%

3.10.50%

4.11.50%


Question:
The New Foreign Trade Policy 2021-26 will come into effect from which date?

1.March 31st

2.April 1st

3.March 1st

4.February 1st


Question:
The UBS has estimated the GDP of India by how much percent for FY22?

1.10%

2.11.50%

3.9.50%

4.7%


Question:
The World Economic Forum has released which edition of the Global Risks Report 2021?

1.21st

2.16th

3.19th

4.20th


Question:
UBS expected Indias real GDP growth to rebound by how much in FY22?

1.7%

2.10%

3.9%

4.6%


Question:
United Nations Conference on Trade and Development (UNCTAD) has predicted that the GDP of India will contract by what percent?

1.4.3

2.5.9

3.6.5

4.7.3


Question:
What is projected GDP growth rate of India by CRISIL?

1.-6.90%

2.-8.30%

3.-7.70%

4.-8.90%


Question:
What is the estimated GDP growth rate of India in FY21 as per ICRA?

1.-7%

2.-6%

3.-8%

4.-9%


Question:
What is the GDP growth rate of India for FY 2020-21 projected by Barclays?

1.-9.4

2.-10.5

3.-6.4

4.-8.5


Question:
What is the GDP growth rate projection of India for FY21 according to the UBS?

1.-11%

2.-10.50%

3.-8.90%

4.-9.50%


Question:
What is the projected GDP growth in FY21 of India by ADB?

1.-6%

2.-5%

3.-7%

4.-8%


Question:
What is the projected real GDP growth of India for FY21 as per RBI, after the latest MPC meet?

1.-7.30%

2.-6.80%

3.-7.50%

4.-7.50%


Question:
Where do the Commercial Banks keep the liquid assets under the Statutory Liquidity Ratio?

1.With RBI

2.With other banks

3.In the Market

4.With Themselves


Question:
Which among the following Banks in India was the first to take a major step of reorganizing based upon market segmentation?

1. ICICI Bank

2. State Bank of India

3.Punjab National Bank

4.Bank of Baroda


Question:
Which among the following phrases generally denotes National Income?

1.Gross National Product at Market Prices

2.Net National Product at Market Prices

3. Gross National Product at Factor Cost

4.Net National Product at Factor Cost


Question:
Which among the following was previously known as Imperial Bank of India?

1.State bank of India

2.Reserve Bank of India

3.Punjab National bank

4.ICICI


Question:
Which company inked INR 400 Crore Project Parivartan contract with Hindustan Aeronautics Limited?

1.Reliance

2.Tech Mahindra

3.TATA

4.Birla


Question:
Which company launched Make Small Strong campaign?

1.Microsoft

2.Google India

3.Facebook

4.Twitter


Question:
Which Indian company has acquired 80% stocks of Big Basket?

1.Reliance Industries

2.Tata Group

3. Indian Oil Corporation

4.Hindustan Petroleum Corporation


Question:
Which insurance company launched Life + 36 critical illness Insurance on Flipkart at the starting premium of just Rs. 153 for a life cover of Rs 1 lakh plus Critical Illness cover of Rs.10,000?

1.Aegon Life Insurance

2.Max Life Insurance

3.Exide Life Insurance

4.Bajaj Allianz Life Insurance


Question:
Which of the following general insurance company has launched the Corporate India Risk Index?

1.TATA AIG

2.IFFCO Tokio

3.HDFC ERGO

4.ICICI Lombard


Question:
Which of the following nations economy showed a growth of 2.3 percent in 2020?

1.US

2. Japan

3.UK

4.China


Question:
Which of the following was set up by State bank of India on recommendation of Iyer Committee in 1991?

1.RTGS

2.NEFT

3.IMPS

4.BANKNET


Question:
Which organisation has sanctioned Rs 85 crore RIDF loan to Goa government?

1.NABARD

2.SEBI

3.SIDBI

4.MANREGA


Question:
Which organisation shortlisted Airtel, Wipro and others to revamp its communication system?

1.Telecom Ministry

2.SEBI

3.SIDBI

4.RBI


Question:
Which organsiation has modified the Multi-Cap Mutual Funds category?

1.RBI

2.SEBI

3.SIDBI

4.None of these


Question:
Who launched the Credit Guarantee Scheme for Sub-ordinate debt which is also called the "Distressed Assets Fund-Sub-ordinate Debt for MSMEs" to provide Rs 20000 crore guarantee cover to two lakh MSMEs?

1.Raj Nath Singh

2.Nitin Gadkari

3.Harsimrat Kaur Badal

4.Amit Shah


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