eco and finance Flashcards

1
Q

 In what could be the largest merger in the financial sector, ______ firm_____ will merge with HDFC
Bank, creating an entity with a combined market capitalization of Rs _____ lakh crore. After the merger,
HDFC Bank will be ___ percent owned by public shareholders and existing shareholders of____ will own _____ percent of HDFC Bank. HDFC Bank is India’s_____ private sector bank by assets with a market cap of Rs. ____ lakh crore.
Subsidiaries and associates of
______ will become subsidiaries and associates of HDFC Bank. While HDFC Bank will continue to be the second-largest lender in the country after ______, its size following the merger would be twice that of______ Bank, the third largest lender
_______ is the current MD and CEO of HDFC Bank
HQ-
FOUNDED-
FOUNDER-
FULLFORM-

A

 In what could be the largest merger in the financial sector, mortgage firm HDFC Ltd will merge with HDFC
Bank, creating an entity with a combined market capitalization of Rs 13.50 lakh crore. After the merger,
HDFC Bank will be 100 percent owned by public shareholders and existing shareholders of HDFC Ltd will own 41 percent of HDFC Bank.
 HDFC Bank is India’s largest private sector bank by assets with a market cap of Rs 8.35 lakh crore.
Subsidiaries and associates of HDFC Ltd will become subsidiaries and associates of HDFC Bank. While HDFC Bank will continue to be the second-largest lender in the country after the State Bank of India, its size
following the merger would be twice that of ICICI Bank, the third-largest lender
s. Sashidhar Jagdishan is the current MD and CEO of HDFC Bank
HQ- MUMBAI
FOUNDED- 1994
Hasmukhbhai Parekh
HOUSING DEVELOPMENT FINANCE CORPORATION

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2
Q

The state government has set up the „Chhattisgarh Employment Mission‟ intending to create around____ new employment opportunities in the next____ years.

A

The state government has set up the „Chhattisgarh Employment Mission‟ intending to create around 15
lakh new employment opportunities in the next five years.

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3
Q
Musk's stake in twitter- 
value- 
founded-
ceo-
hq-
A
Musk's stake in twitter-  9.2%
value- 2.8 bn
founded-21 Mar 2006 
ceo-Parag Agrawal 
hq- san francisco,
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4
Q

_____ becomes the first social media platform in the world to launch voluntary self-verification for
all users. in accordance with Rule ____ of
the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021

A

koo
in accordance with Rule 4(7) of
the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021

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5
Q

________, cosmetics giant L‟Oréal‟s founder‟s granddaughter, is the richest woman in the world - with a net worth of _____- according to business publication Forbes‘ 2022 list of richest individuals.

A

Francoise Bettencourt Meyers, cosmetics giant L‟Oréal‟s founder‟s granddaughter, is the richest woman in the world - with a net worth of $74.8 billion - according to business publication Forbes‘ 2022 list of richest individuals.

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6
Q

Tata group launched possibly India‟s first super app, _______. Tata Group is an Indian multinational conglomerate headquartered in ____. Founded in ____ by _____ Tata.
In _____, _____ became chairman of Tata
Group. This was also the year of economic liberalization in India,

A

tata neu
Tata Group is an Indian multinational conglomerate headquartered in Mumbai. Founded in 1868 by
Jamshedji Tata.
In 1991, Ratan Tata became chairman of Tata
Group. This was also the year of economic liberalization in India,

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7
Q

Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act,
____. The act is also called the Aadhaar Act ______ in short. It comes under the_________

A

Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act,
2016. The act is also called the Aadhaar Act 2016 in short. It comes under the Electronics & IT ministry

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8
Q
sebi
estbd-
statutory- 
head-
hq-
A
sebi
estbd- 1988
statutory- 1992
head- Madhuri Buch
hq- Mumbai
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9
Q
CARDLESS CASH WITHDRAWALS- 
MIN-
MAX PER DAY-
MAX PER MONTH-
UPI LAUNCHED IN- 
t net worth requirement for Bharat Bill Payments System Operating Units has been lowered to Rs.\_\_\_\_ crore from Rs\_\_\_\_ crore
A
CARDLESS CASH WITHDRAWALS- 
MIN- 100
MAX PER DAY- 10K
MAX PER MONTH- 25K
UPI LAUNCHED IN-  2016
t net worth requirement for Bharat Bill Payments System Operating Units has been lowered to Rs._25\_\_\_ crore from Rs\_\_100\_\_ crore
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10
Q

IGBC
FULL FORM
LAUNCHED IN
FIRST TO GET PLATINUM RATING-

A

IGBC
FULL FORM- India Green Building council
LAUNCHED IN- 2001
FIRST TO GET PLATINUM RATING- kandla SEZ

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11
Q

The international lender World Bank lowered its growth estimate for India, the region‘s largest economy, to ____ from _____ for the current fiscal year to March, 2023 and cut by a full percentage point the growth outlook for South Asia,
excluding_______, to_______

A

The international lender
World Bank lowered its growth estimate for India, the region‘s largest economy, to 8% from 8.7% for the
current fiscal year to March, 2023 and cut by a full percentage point the growth outlook for South Asia,
excluding Afghanistan, to 6.6%

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12
Q

________ takes charge as Tata Digital Chairman

A

N Chandrasekaran takes charge as Tata Digital Chairman

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13
Q

Crypto lender _____ said it has teamed up with global payments company Mastercard to launch what it calls
the world‘s first ―crypto-backed‖ payment card

A

Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch what it calls
the world‘s first ―crypto-backed‖ payment card

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14
Q

PAYTM
FOUNDER-
FOUNDED IN-

A

PAYTM
FOUNDER- Vijay shekhar sharma
FOUNDED IN- 2010

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15
Q

_______ owner_____ Communications has become an official digital payments partner for the prime
ministers‘ museum in the national capital

A

Paytm owner One97 Communications has become an official digital payments partner for the prime
ministers‘ museum in the national capital

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16
Q

RuPay (Rupee and Payment) is an Indian multinational financial services and payment service system, conceived and launched by the________ on 26 March _______

A

RuPay (Rupee and Payment) is an Indian multinational financial services and payment service system, conceived
and launched by the National Payments Corporation of India (NPCI) on 26 March 2012

17
Q

FEMA CAME IN-
TOTAL FDI ALLOWED IN LIC BY AUTO ROUTE-
PMLA ENACTED-
PMLA ENFORCED-

A

FEMA CAME IN-
TOTAL FDI ALLOWED IN LIC BY AUTO ROUTE- 205
PMLA ENACTED- 2002
PMLA ENFORCED- 2005

18
Q

FIRST PUBLIC SECTOR BANK MANTHAN HAPPENED IN-

A

2014

19
Q
FIRST ESG PLATFORM IN INDIA
LAUNCHED BY-
LAUNCHED IN-
NSE FOUNDED IN-
HQ-
MD AND CEO-
A
FIRST ESG PLATFORM IN INDIA
LAUNCHED BY- NSE IFSC
LAUNCHED IN- GIFT IFSC
NSE FOUNDED IN- 1992
HQ- MUMBAI
MD AND CEO- VIKRAM LIMAYE
20
Q

_________________________, the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of _________, and will offer Unified Payments Interface-based payments for Indians travelling to these regions.

A

NPCI International Payments Ltd (NIPL), the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of Mashreq Bank, and will offer Unified Payments Interface-based payments for Indians travelling to these regions.

21
Q

__________________ becomes 1st Indian company to hit Rs 19-trillion m-cap

A

Reliance Industries becomes 1st Indian company to hit Rs 19-trillion m-cap

22
Q

___________ is first Indian exchange to list metaverse token ‗TRACE‘ on its platform

A

Bitbns is first Indian exchange to list metaverse token ‗TRACE‘ on its platform

23
Q

World‘s richest man Elon Musk acquires Twitter in ____ billion dollar deal
created in:
CEO:

A

World‘s richest man Elon Musk acquires Twitter in 44 billion dollar deal
created in: 2006
CEO: Parag Agrawal

24
Q

NASSCOM appoints ____________________- as chairperson

A

NASSCOM appoints TCS‘s Krishnan Ramanujam as chairperson

25
Q

______ inks MoU with Norway‘s Equinor

A

ONGC inks MoU with Norway‘s Equinor

26
Q

The United States Trade Representative (USTR) again placed ______ on the ‗Priority Watch List‘ along with _______, _______ and four others, for lack of adequate intellectual property rights (IPR) protection and enforcement
total countries in the list:
report name:
Omnibus Trade and Competitiveness Act of ____

A

The United States Trade Representative (USTR) again placed India on the ‗Priority Watch List‘ along with China, Russia and four others, for lack of adequate intellectual property rights (IPR) protection and enforcement
total countries in the list; 21
Report Name: Special 301 Report
Omnibus Trade and Competitiveness Act of 1988

27
Q

Government plans to roll out its indigenously developed online e-commerce network in ______ Indian cities to provide millions of Kirana stores and consumers an alternative to multinational platforms such as Amazon and Flipkart

A

Government plans to roll out its indigenously developed online e-commerce network in 100 Indian cities to provide millions of Kirana stores and consumers an alternative to multinational platforms such as Amazon and Flipkart

28
Q

First International Research Conference on Insolvency and Bankruptcy organized by Insolvency and Bankruptcy Board of India in Association with _____________

A

First International Research Conference on Insolvency and Bankruptcy organized by Insolvency and Bankruptcy Board of India in Association with IIM Ahmedabad

29
Q

India ranks ____ in solar energy generation globally

leader in solar energy generation:

A

India ranks 4th in solar energy generation globally

leader: China

30
Q

_______ first public sector lender to join account aggregator platform
_________ bank combined with corporation bank and andhra bank on_____
established on:

A

Union Bank first public sector lender to join account aggregator platform
______ Bank combined with corporation bank and andhra bank on 1st April, 2020
established on: 11 November, 1919 (bombay)