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1.	Which insurance company has come up with India's first ever insurance cover for individual victims of cyber crime?
Answer» Insurance firm Bajaj Allianz has come up with India's first ever insurance cover for individual victims of cyber crime. Under this policy, insurance cover will be provided against online fraud, identity theft, cyber-stalking and extortion, phishing and malware attack.

2.	The government approved a pact between the __________ and Chartered Professional Accountants, Canada.
Answer» The government approved a pact between the Institute of Chartered Accountants of India (ICAI) and Chartered Professional Accountants, Canada. The MoU includes collaboration on the definition, learning, and evaluation of the professional qualities and skills and competencies of Chartered Accountants. It will provide an opportunity for the ICAI members to expand their professional horizon.

3.	When was the Securities and Exchange Board of India (SEBI) founded?
Answer» Securities and exchange Board of India (SEBI) was first established in the year 1988 as a non-statutory body for regulating the securities market. It became an autonomous body by The Government of India on 12 May 1992 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian Parliament.

4.	What is the minimum subscription amount per investor for a private placements to align it with the regulations for corporate bonds ?
Answer» The existing regulations (withdrawn now) allow issuance of only revenue bonds with a minimum tenure of 3 years and a maximum of 5 years, if it is a public issue. In case of private placements, the minimum subscription amount per investor currently at Rs 25 lakh has been reduced to Rs 10 lakh to align it with the regulations for corporate bonds. Any offer (private placement) or invitation made to qualified institutional buyers shall not be considered while calculating the limit of 200 persons.

5.	Monetary Policy Committee (MPC) has decided to reduce the policy repo rate, what is the rate now?
Answer» Monetary Policy Committee has decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 5.15 % from 5.40 %.

6.	How much allowances have been approved by the government for JK, Ladakh employees?
Answer» The Centre approved allowances worth Rs.4,800 crore for 4.5 lakh of its employees in Jammu & Kashmir and Ladakh under the 7th Pay Commission. The announcement was made by the Minister of State for Home G Kishan Reddy. Since J&K and Ladakh are UTs now, all the 7th Central Pay Commission (CPC) pay and allowances will be given to all the government employees working in these UTs.

7.	Cabinet approves hike in authorized capital of India Infrastructure Finance Company Limited (IIFCL) from Rs 6,000 crore to?
Answer» The cabinet has also approved increasing the authorised capital of India Infrastructure Finance Company Ltd (IIFCL) from Rs 6,000 crore to Rs 25,000 crore. The Union Cabinet on December 11 approved infusing additional Rs 5,300 crore capital into IIFCL through recapitalisation bonds in the current fiscal year.

8.	Which Insurance Policy is basically launched to cover the hospitalisation expenses of the COVID-19 patients?
Answer» The Insurance Regulatory and Development Authority of India (IRDAI) has provided guidelines for the health insurance providers to implement Arogya Sanjeevani Insurance Policy. The "Arogya Sanjeevani Insurance Policy" guidelines was basically launched to cover the hospitalisation expenses of the COVID-19 patients.

9.	Hyundai Motor India Limited partnered with which bank to offer industry 1st online auto retail financing on its end-to-end online automotive retail platform, 'Click to Buy' to the customers?
Answer» Hyundai Motor India Limited partnered with HDFC Bank to offer industry 1st online auto retail financing on its end-to-end online automotive retail platform, 'Click to Buy' to the customers.

10.	The Cabinet has also approved a scheme for interest subvention of how much percent for a period of 12 months to all Shishu loan accounts under Pradhan Mantri Mudra Yojana to eligible borrowers?
Answer» The Cabinet has also approved a scheme for interest subvention of 2% for a period of 12 months to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers w.e.f. June 01, 2020 till May 31, 2021. The estimated cost of the Scheme is approximately Rs 1,542 crore and will be implemented through the Small Industries Development Bank of India (SIDBI).

11.	According to India's International Investment Position data as at end-March 2020, released by RBI, FDI in the country has raised by how much?
Answer» In accordance with the India's International Investment Position data as at end-March 2020, released by RBI, FDI in the country has raised by $19 billion while portfolio investment declined by $13.7 billion during 2019-20.

12.	Who has been appointed as the 1st chairman of the International Financial Services Centre Authority for a 3 years term?
Answer» Government appointed former corporate affairs secretary and IAS officer, Injeti Srinivas as the 1st chairman of the International Financial Services Centre Authority(IFSCA) for a 3 years term. IFSCA regulates all financial services in international financial services centres (IFSCs) in Gandhinagar.

13.	Government aims to gradually increase the public health expenditure to what percent of Gross Domestic Product by 2025?
Answer» In a meeting with the 15th Finance Commission the Union Health Minister Harsh Vardhan highlighted that the government aims to gradually increase the public health expenditure to 2.5% of Gross Domestic Product by 2025.

14.	The Finance Minister Nirmala Sitharaman has launched which app?
Answer» The Finance Minister Nirmala Sitharaman has launched "Union Budget Mobile App" In which all the information presenting the budget will be available on 1 February 2021.

15.	The State Bank of India allocated how much amount towards the fight against Covid 19?
Answer» The country's largest lender SBI announced allocating Rs 71 crore towards the fight against COVID-19.

16.	India provided a grant of Rs 2 billion to which country's Gyalsung Infra Project?
Answer» India provided a grant of Rs 2 billion to Bhutan's Gyalsung Infra Project.

17.	World Bicycle Day Day is being celebrated on which day?
Answer» World Bicycle Day is being celebrated globally on June 3rd to encourage the use of bicycles among the people.