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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 701. |
As per the 'Digital 2021: October Global Snapshot", what is the world's population that uses a mobile phone? |
| Answer» Research firm We Are Social released a report titled 'Digital 2021: October Global Snapshot". As per the report, more than 65% of the world's population now uses a mobile phone. | |
| 702. |
The RBI has granted a small finance bank licence to Unity Small Finance Bank. It is a consortium of which entities? |
| Answer» The Reserve Bank of India has a granted small finance bank licence to the consortium of Centrum Financial Services Limited (Centrum), and Resilient Innovations Private Limited (BharatPe) named Unity Small Finance Bank. | |
| 703. |
What is Sri Lanka's GDP in 2020? |
| Answer» The country's GDP declined by a record 3.6 per cent in 2020. | |
| 704. |
What amount of credit line has been sought by the Sri Lankan government from India to purchase crude oil? |
| Answer» The Government of Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases, as the country is facing a severe foreign exchange crisis in the island nation after the pandemic hit the nation's earnings from tourism and remittances. | |
| 705. |
What is the projected rate of GDP growth for the Indian economy in the financial year 2021-22 as per the IMF? |
| Answer» The International Monetary Fund (IMF) has estimated the Indian economy to grow by 9.5% in the current fiscal year in its latest World Economic Outlook report, released. | |
| 706. |
What is the projected GDP growth rate of the global economy as per IMF in 2021? |
| Answer» IMF expects the global gross domestic product (GDP) to grow by 5.9 percent in 2021 and 4.9% in 2022. | |
| 707. |
Retail inflation declined to what percent in September, mainly due to lower food prices, according to government data released? |
| Answer» Retail inflation declined to 4.35 percent in September, mainly due to lower food prices, according to government data released. | |
| 708. |
How much amount of commitment has been pledged by India and the United States annually for developing countries, raised from public and private sector sources, to tackle climate change? |
| Answer» Finance Minister Nirmala Sitharaman and her American counterpart, Treasury Secretary Janet Yellen, participated in the 8th U.S.-India Economic and Financial Partnership. During the meeting, the two countries reaffirmed their commitment to raise $100 billion annually for developing countries from public and private sector sources, to tackle climate change. | |
| 709. |
The FICCI has projected India's GDP growth rate for 2021-22 at what percent in its latest Economic Outlook Survey? |
| Answer» The industry body FICCI has revised upward the growth forecast for the Indian economy in 2021-22 to 9.1%, based on the latest FICCI's Economic Outlook Survey. | |
| 710. |
What is the projected rate of GDP of the Indian economy in the financial year 2022-23, as per RBI? |
| Answer» The Reserve Bank of India in its Monetary Policy Report - October 2021, has projected India's GDP growth rate for 2022-23 (FY23) at 7.8%. | |
| 711. |
In 2021, World Investor Week (WIW) has been organised. Which organisation organises the annual event? |
| Answer» The World Investor Week (WIW) is an initiative promoted by the International Organization of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas. | |
| 712. |
What is the External debt ratio to GDP of India, as of March 2020? |
| Answer» According to the Union Finance Ministry' status report on India's external debt, India's External debt to GDP ratio increased marginally to 21.1% from 20.6% as of end-March 2020. | |
| 713. |
Which edition of the joint training exercise "Surya Kiran" conducted between India and Nepal has concluded? |
| Answer» The 15th edition of the joint training exercise "Surya Kiran" conducted between India and Nepal has concluded in Pithoragarh, Uttarakhand after 14 days of rigorous training. | |
| 714. |
Hwasong-8 is a new hypersonic missile tested by which country? |
| Answer» North Korea has claimed that it successfully tested a new hypersonic missile called Hwasong-8. | |
| 715. |
The Reserve Bank of India (RBI) has imposed a penalty of what amount on RBL Bank for non-compliance with provisions of the Banking Regulation Act, 1949? |
| Answer» The Reserve Bank of India (RBI) has imposed a penalty of Rs 2 crore on RBL Bank for non-compliance with provisions of the Banking Regulation Act, 1949. | |
| 716. |
The Asian Development Bank has cut its forecast for India's GDP growth in 2021-22 to what amount? |
| Answer» The Asian Development Bank has cut its forecast for India's GDP growth in 2021-22 to 10%, from 11% projected earlier, with downside risks dominating the economic outlook. | |
| 717. |
What is the total Special Drawing Rights allocation made by IMF to India? |
| Answer» The IMF has allocated Special Drawing Rights 12.57 billion to India (approx USD 17.86 billion). With this total SDR holding of India has gone up to SDR 13.66 billion. | |
| 718. |
What value of monetary penalty has been imposed by RBI on Axis Bank for violation of certain provisions of the know your customer (KYC) norms? |
| Answer» The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on Axis Bank for violating certain provisions of knowing your customer (KYC) norms. | |
| 719. |
What is the projected GDP growth forecast for India as per Morgan Stanley in FY22 (2021-22)? |
| Answer» America based Investment Bank, Morgan Stanley has maintained the GDP growth forecast of India at 10.5 percent for the financial year 2021-22 (FY2022). | |
| 720. |
What is the projected GDP growth forecast of India in the Calendar Year 2021, as per Moody's? |
| Answer» Moody's Investors Service has retained India's growth forecast for the calendar year (CY) 2021 at 9.6 percent. | |
| 721. |
What is India's forex reserves in the week ended August 6? |
| Answer» India's forex reserves rose by $889 mn to a lifetime high of $621.464 bn in the week ended August 6. | |
| 722. |
What is the retail inflation based on the consumer price index (CPI) as per data released for July? |
| Answer» Retail inflation based on consumer price index (CPI) eased to 5.59 per cent in July as against 6.26 per cent in June, government data showed. | |
| 723. |
RBL Bank has selected which one to strengthen its Artificial Intelligence (AI)-based Banking Solutions? |
| Answer» RBL Bank (formerly known as Ratnakar Bank Ltd) has selected Amazon Web Services (AWS), the Cloud Computing arm of Amazon as its Preferred Cloud Provider to strengthen its Artificial Intelligence (AI)-based Banking Solutions and bring digital transformation to the bank. | |
| 724. |
NSE IFSC Ltd has appointed which one as its first official international approved connectivity partner? |
| Answer» NSE IFSC Ltd has appointed BSO as its first official international approved connectivity partner. The partnership will provide Asian, European and American trading firms with added infrastructure solutions helping future traders gain faster, more secure access to the Indian market via BSO's global network. | |
| 725. |
The International Monetary Fund (IMF) has sharply scaled down India's economic growth projection to what percent? |
| Answer» The International Monetary Fund (IMF) has sharply scaled down India's economic growth projection by 300 basis points to 9.5 per cent for the current financial year from 12.5 per cent estimated earlier in April. | |
| 726. |
The output of eight core sectors has grown to what amount in June? |
| Answer» The output of eight core sectors grew to 8.9% in June 2021. | |
| 727. |
In 2020-21, India reported a Current account surplus for the first time in 17 years. What was the rate of Current Account Surplus in FY21? |
| Answer» According to the data released by the Reserve Bank of India, India reported a current account surplus of 0.9% of GDP in FY 21. | |
| 728. |
What is the interest rate on the Senior Citizens Savings Scheme for the second quarter (July-Sept) of 2021-22? |
| Answer» The Government of India has announced that the rate of interest on Small Savings Schemes for the second quarter (July-Sept) of 2021-22 will remain unchanged at 7.9% as the last quarter (April-June) of 2021-2022. | |
| 729. |
How much amount has been pledged by World Bank for Covid-19 vaccines funding in developing countries for the period ending 2022? |
| Answer» The World Bank on Wednesday pledged to boost available funding for COVID-19 vaccine purchases and deployment to $20 billion from a previous target of $12 billion, citing a sharp increase in overall financing demand from developing countries. | |
| 730. |
What is the turnover limit of small and medium companies as per the definition issued by the Corporate Affairs Ministry? |
| Answer» The Corporate Affairs Ministry has increased the turnover threshold for SMCs to Rs 250 crore from Rs 50 crore, and the borrowing threshold to Rs 50 crore from Rs 10 crore. | |
| 731. |
Who is the Chairman of the SEBI's Takeover Panel, which has been reconstituted by the market regulator? |
| Answer» The panel, chaired by N K Sodhi, the former chief justice of the high courts of Karnataka and Kerala, makes its recommendations to Sebi on such applications after which the regulator allows concerned parties before passing an order. | |
| 732. |
As per the latest estimate of the Confederation of Indian Industry, what is the GDP growth rate projection of India in 2020-21? |
| Answer» The Confederation of Indian Industry has estimated the GDP of India to grow at 9.5 percent in the current financial year. | |
| 733. |
What amount was transferred by RBI as surplus to the government for FY21? |
| Answer» The RBI has transferred Rs 99,122-crore surplus to the government for FY21 which is 73% higher than the Rs 57,128 crore paid out in 2019-20. | |
| 734. |
What is the rank of India in terms of surplus reserve transfer to government by its Central Bank as a percentage to GDP for FY22? |
| Answer» The RBI was second in terms of reserves transferred to the government as a percentage of GDP for the fiscal year 2020-21. | |
| 735. |
How much amount of approval was given by the Gujarat government to a scheme to prevent marine salinity from entering in coastal villages of Saurashtra? |
| Answer» The Gujarat government has given in-principle approval to a scheme worth 102 crore rupees to prevent marine salinity from entering the coastal villages of Saurashtra. | |
| 736. |
What is the estimated GDP growth rate for the fiscal year 2021-22, as per SBI? |
| Answer» The SBI economist in its research report has sharply cut the GDP growth estimates for Indian economy to 7.9 percent in FY22. | |
| 737. |
ONDC has signed an MoU with which regulatory body for coordination of functions of institutions? |
| Answer» Open Network for Digital Commerce (ONDC) has signed a Memorandum of Understanding (MoU) with SIDBI for the coordination of functions of related institutions. | |
| 738. |
What is the projected Real GDP rate for India as per RBI for fiscal 2022-2023? |
| Answer» The real GDP growth projection by RBI has been retained at 7.2 percent for FY2022-23. | |
| 739. |
What is the repo rate after the August 2022 MPC Meeting? |
| Answer» Reserve Bank of India (RBI) Governor Shaktikanta Das-chaired Monetary Policy Committee (MPC) raised the repo rate by 50 basis points (bps) to 5.40 percent. | |
| 740. |
How much GST did the government collect in July 2022? |
| Answer» The gross goods and service tax (GST) revenue collected in the month of July stood at Rs 1,48,995 crore. | |
| 741. |
Retail inflation softened to what percent in July due to moderation in food prices? |
| Answer» Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month. | |
| 742. |
NBCC signed a pact with the MEA to redevelop a housing complex for how much? |
| Answer» NBCC Ltd has signed an agreement with the External Affairs Ministry to redevelop a housing complex in central Delhi for Rs 175 crore. | |
| 743. |
What is the estimated GDP growth rate of India in FY23 as per Morgan Stanley? |
| Answer» With the global economic growth slowing, Morgan Stanley in its research report has revised India's GDP growth estimates to 7.2 percent in FY23 from 7.6 percent and 6.4 percent for FY24 from 6.7 percent. | |
| 744. |
What is the CPI-based inflation recorded in July 2022? |
| Answer» 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. | |
| 745. |
World Bank lowered India's GDP growth forecast to what amount? |
| Answer» World Bank lowers India's GDP growth forecast to 6.5% from 7.5% for 2022-23. | |
| 746. |
How many billion in loans have been approved by the World Bank for PM ABHIM |
| Answer» The World Bank had granted a loan of USD 1 billion to fund India's flagship PM Ayushman Bharat Health Infrastructure Mission (PM-ABHIM). | |
| 747. |
As per the UNCTAD Report 2022, What is India's economic growth in 2022 from 8.2% in 2021? |
| Answer» According to the forecast by the UNCTAD, India's economic growth is expected to decline to 5.7 per cent this year from 8.2 per cent in 2021. | |
| 748. |
As per the IMF's World Economic Outlook report (October 2022), what is India's 2022-23 GDP forecast? |
| Answer» The International Monetary Fund, in its latest World Economic Outlook report, cut the forecast for India's gross domestic product (GDP) growth in the financial year 2022-23 (FY23) to 6.8 per cent. | |
| 749. |
IMF cut how much global GDP growth projection in 2022 and in 2023? |
| Answer» IMF expects inflation in India to come down to 4% next year. IMF has projected that global growth will slow from 6 percent in 2021 to 3.2% in 2022 and 2.7% in 2023. | |
| 750. |
How much percent GST will be levied on pre-packaged and labelled food items? |
| Answer» Consumers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd with the GST Council's decision coming into force. | |