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october manthan > economics > Flashcards

economics Flashcards

1
Q

__________ will regain control of Air India as it takes over ____ per cent of the government‘s stake in the national carrier
The Mumbai-based conglomerate placed a winning bid of Rs _______ crore, of which Rs ____ crore will be paid in cash and the remaining Rs _________ crore will be the absorbed from the over Rs _______ crore debt
The government, in _____, had taken control of the airline from the Tata Group, which founded the carrier as Tata Airlines in _____
Founded by:

A

Tata Sons will regain control of Air India as it takes over 100 per cent of the government‘s stake in the national carrier
The Mumbai-based conglomerate placed a winning bid of Rs 18,000 crore, of which Rs 2,700 crore will be paid in cash and the remaining Rs 15,300 crore will be the absorbed from the over Rs 60,000 crore debt
The government, in 1953, had taken control of the airline from the Tata Group, which founded the carrier as Tata Airlines in 1932.
Founded by: JRD Tata

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2
Q

_______________ becomes 1st scheduled private sector bank to collect direct, indirect taxes

A

Kotak Mahindra Bank becomes 1st scheduled private sector bank to collect direct, indirect taxes

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3
Q

_______- launches India‘s first card-on-file tokenization service

A

Visa launches India‘s first card-on-file tokenization service

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4
Q

International ratings agency Moody‘s has upgraded the outlook on India‘s sovereign rating to _________ from __________
Though, the rating agency retained India‘s rating at ______

A

International ratings agency Moody‘s has upgraded the outlook on India‘s sovereign rating to Stable from Negative.
Though, the rating agency retained India‘s rating at Baa 3,

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5
Q

________ edition of India International Trade Fair 2021 to be held at Pragati Maidan

A

40th edition of India International Trade Fair 2021 to be held at Pragati Maidan

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6
Q

________ brings 7-eleven stores to India, first one in _________

A

Mukesh Ambani brings 7-eleven stores to India, first one in Mumbai

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7
Q

Reliance opens first premium mall _____________ in Mumbai

A

Reliance opens first premium mall ‗Jio World Drive‘ in Mumbai

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8
Q

Tesla moving headquarters to _____ from _________

A

Tesla moving headquarters to Texas from California

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9
Q

The Reserve Bank of India (RBI) has raised the transaction limit in Immediate Payment Service (IMPS) from Rs _____ to Rs _______

A

The Reserve Bank of India (RBI) has raised the transaction limit in Immediate Payment Service (IMPS) from Rs 2 lakh to Rs 5 lakh

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10
Q

Govt. of India accorded ______________ status to the state-owned ________________
Incorporated in _____, ____ is the largest Infrastructure Finance Company exclusively dedicated to Power Sector under the administrative control of the Ministry of Power
The Board of a ______________ CPSE can make equity investments to undertake financial joint ventures and wholly-owned subsidiaries and undertake mergers and acquisitions in India and abroad, subject to a ceiling of ____ the Net Worth of the concerned CPSE, limited to Rs.______ crore in one project.
chairman and MD:

A

Govt. of India accorded ‗Maharatna‘ status to the state-owned Power Finance Corporation Ltd (PFC),
Incorporated in 1986, PFC is the largest Infrastructure Finance Company exclusively dedicated to Power Sector under the administrative control of the Ministry of Power
The Board of a ‗Maharatna‘ CPSE can make equity investments to undertake financial joint ventures and wholly-owned subsidiaries and undertake mergers and acquisitions in India and abroad, subject to a ceiling of 15% of the Net Worth of the concerned CPSE, limited to Rs.5,000 crore in one project.
chairman and MD: ravinder singh dhillon

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11
Q

BharatPe appoints former SBI chairman ____________ as its chairman

A

BharatPe appoints former SBI chairman Rajnish Kumar as its chairman

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12
Q

The Reserve Bank of India (RBI) issued a Small Finance Bank (SFB) license to the _____________________, and Digital payments platform ___________

A

The Reserve Bank of India (RBI) issued a Small Finance Bank (SFB) license to the consortium of Centrum Financial Services, and Digital payments platform BharatPe

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13
Q

Pakistan among top ____ countries in list of largest external debt stocks
top debtors:

A

Pakistan among top 10 countries in list of largest external debt stocks
top: Angola, Bangladesh, Ethiopia, Ghana, Kenya, Mongolia, Nigeria, Pakistan, Uzbekistan, and Zambia

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14
Q

UCO Bank CEO _____________ appointed chairman of Indian Banks‘ Association

A

UCO Bank CEO Atul Kumar Goel appointed chairman of Indian Banks‘ Association

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15
Q

World Steel Association elects ____________ as Chairman; becomes first Indian to hold the post

A

World Steel Association elects Sajjan Jindal as Chairman; becomes first Indian to hold the post

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16
Q

RBI approves reappointment of _____________ as MD & CEO of Axis Bank

A

RBI approves reappointment of Amitabh Chaudhry as MD & CEO of Axis Bank

16
Q

RBI approves reappointment of _____________ as MD & CEO of Axis Bank

A

RBI approves reappointment of Amitabh Chaudhry as MD & CEO of Axis Bank

17
Q

_______ Unveils Automated Fuelling System ‗U-Fill‘ in 65 Cities

A

BPCL Unveils Automated Fuelling System ‗U-Fill‘ in 65 Cities

18
Q

India ranks ____ out of ___ global pension systems, as per survey ___________

India had stood at ____ position out of 39 pension systems rated in 2020

Iceland was ranked highest with an overall index value of _____ while had the lowest overall index value at _____

A

India ranks 40th out of 43 global pension systems, as per survey Mercer CFS Global Pension Index survey
India had stood at 34th position out of 39 pension systems rated in 2020
Iceland was ranked highest with an overall index value of 84.2 while Thailand had the lowest overall index value at 40.6.

19
Q

Former U.S. president Donald Trump launches __________ social media platform

A

Former U.S. president Donald Trump launches ‗TRUTH‘ social media platform

20
Q

RBI‘s Monetary Policy Committee member ______________ diverged from policy stance

A

RBI‘s Monetary Policy Committee member Jayanth R Varma diverged from policy stance

21
Q

____________ launches ‗TokenHQ‘, India‘s first multi-network

A

Razorpay launches ‗TokenHQ‘, India‘s first multi-network

22
Q

_______________ elected as President of World Association of Investment Promotion Agencies for ___ to ______

A

Invest India elected as President of World Association of Investment Promotion Agencies for 2021 to 2023

23
Q

RBI caps IPO funding by NBFCs at _____ per borrower

A

RBI caps IPO funding by NBFCs at ₹1 cr per borrower

24
Q

Saudi Arabia launches national infrastructure fund with ____________ for ______ billions

A

Saudi Arabia launches national infrastructure fund with BlackRock for $53.32 billion

25
Q

Union Minister Nitin Gadkari launches knowledge App, platform __________

A

Union Minister Nitin Gadkari launches knowledge App, platform CUNSULT

26
Q

Govt appoints veteran banker _____________ as chairperson of Rs ________ NaBFID
Kamath has been given a _____year term

A

Govt appoints veteran banker K V Kamath as chairperson of Rs 20,000-cr NaBFID
Kamath has been given a three-year term

27
Q

The ______ Meeting of Heads of National Statistical Offices of BRICS (Brazil, Russia, India, China, South Africa) Countries was held virtually under the Chairship of ______.

A

The 13th Meeting of Heads of National Statistical Offices of BRICS (Brazil, Russia, India, China, South Africa) Countries was held virtually under the Chairship of India.

28
Q

___________ approves reconstitution of Economic Advisory Council to Prime Minister

A

PM Modi approves reconstitution of Economic Advisory Council to Prime Minister

october manthan (9 decks)

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