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manthan august > economy > Flashcards

economy Flashcards

1
Q

Prime Minister launched ____, a cashless and contactless instrument for digital payment

A

Prime Minister launched e-RUPI, a cashless and contactless instrument for digital payment

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2
Q

When was NPCI founded

A

2008

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3
Q

NPCI is registered under which act of the RBI

A

NPCI is a not-for-profit organisation registered under section 8 of the Companies Act 2013,

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4
Q

Inland vessels bill, 2021 has been passed to replace Inland vessels Bill of ____

A

1917

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5
Q

Minister of ports shipping and water

A

Sarbananda Sonowal

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6
Q

When was the merchant shipping act pased?

A

1958

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7
Q

The Lok Sabha passed the General Insurance Business (Nationalisation) Amendment Bill, 2021 amid din. The bill seeks to amend the General Insurance Business (Nationalisation) Act, _____

A

The Lok Sabha passed the General Insurance Business (Nationalisation) Amendment Bill, 2021 amid din. The bill seeks to amend the General Insurance Business (Nationalisation) Act, 1972.

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8
Q

The 1972 Act set up the General Insurance Corporation of India (GIC). The businesses of the companies nationalised under the Act were restructured in four subsidiary companies of GIC: (i) _________, (ii) _______, (iii) _______, and (iv) _____

A

The 1972 Act set up the General Insurance Corporation of India (GIC). The businesses of the companies nationalised under the Act were restructured in four subsidiary companies of GIC: (i) National Insurance, (ii) New India Assurance, (iii) Oriental Insurance, and (iv) United India Insurance.

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9
Q

The General Insurance Business ( Nationalisation) bill, 2021 removes the mandatory provision of _____ per cent shareholding of the Central Government in General Insurance Corporation of India, National Insurance, New India Assurance, Oriental Insurance and United India Insurance companies.

A

The bill removes the mandatory provision of 51 per cent shareholding of the Central Government in General Insurance Corporation of India, National Insurance, New India Assurance, Oriental Insurance and United India Insurance companies.

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10
Q

____ ______ is the founder of ____company which is the world‘s first blockchain-based payment application.

A

Bibin Babu is the founder of Payiza company which is the world‘s first blockchain-based payment application.

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11
Q

India and World Bank have signed ____ million dollar project to make existing dams safe and resilient

A

India and World Bank have signed 250 million dollar project to make existing dams safe and resilient

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12
Q

name the first country in the world to grant patent to an artificial intelligence system

A

South Africa, the name of the system is DABUS( device for autonomous bootstrapping of unified sentience)

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13
Q

The retrospective tax law was passed in_____

It amended the provisions of the _______

A

The retrospective tax law was passed in 2012

It amended the Income tax Act , 1961 through the finance act 2012

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14
Q

Apart from India, many countries including the ______, the ___ the ________, _______, _______, _____ and ____ have retrospectively taxed companies

A

Apart from India, many countries including the USA, the UK, the Netherlands, Canada, Belgium, Australia and Italy have retrospectively taxed companies

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15
Q

the total principal amount to be paid by the indian government to Cairn Energy is ___________

A

7900 crores

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16
Q

World‘s Top 100 Airports 2021 — has Delhi at number __ (up five places from number _____ in 2020), Hyderabad at __ (up seven from ____ in 2020), Mumbai at ___ (down 13 from ___nd rank in 2020) and Bengaluru at ___(down three places from ____th rank in 2020).

A

World‘s Top 100 Airports 2021 — has Delhi at number 45 (up five places from number 50 in 2020), Hyderabad at 64 (up seven from 71 in 2020), Mumbai at 65 (down 13 from 52nd rank in 2020) and Bengaluru at 71 (down three places from 68th rank in 2020).

these are skytrax rankings

17
Q

The top five in Skytrax‘s World‘s Top 100 Airports 2021 list are — _______ (number 3 in 2020), _______ (second spot in 2020 also). The ________ , has been named the ―Best Airport in the World‖.

A

The top five in Skytrax‘s World‘s Top 100 Airports 2021 list are — Doha Hamad (number 3 in 2020), Tokyo Haneda (second spot in 2020 also). The Hamad International Airport in Doha, Qatar, has been named the ―Best Airport in the World‖.

18
Q

___________signs up with Indian Navy to offer Honour FIRST banking solutions

A

IDFC FIRST Bank signs up with Indian Navy to offer Honour FIRST banking solutions

19
Q

President Ramnath Kovind gave his assent to General Insurance Business (Nationalisation) Amendment Act, 2021 which had introduced new provisions as well as amended General Insurance Business (Nationalisation) Act, ______. The act will allow the public sector insurance businesses regulated by the ______ Act to be privatized. Apart from privatization, the act‟s stated goals include ____________________, _________________, ______________, __________________

A

President Ramnath Kovind gave his assent to General Insurance Business (Nationalisation) Amendment Act, 2021 which had introduced new provisions as well as amended General Insurance Business (Nationalisation) Act, 1972. The act will allow the public sector insurance businesses regulated by the 1972 Act to be privatized. Apart from privatization, the act‟s stated goals include increasing insurance sector coverage, providing social safety through better protecting policyholder rights, and promoting faster economic growth.

20
Q

The general insurance business (Nationalisation) Amendment Actaims to do away with the need that the central government owns at least ____% of the stock capital in a specific insurer. It classifies general insurance as fire, marine, or other types of insurance.

A

It aims to do away with the need that the central government owns at least 51% of the stock capital in a specific insurer. It classifies general insurance as fire, marine, or other types of insurance.

21
Q

Sweden‟s ______ delivers world‟s first fossil-free steel

A

Sweden‟s HYBRIT delivers world‟s first fossil-free steel

22
Q

HCL Foundation, the corporate social responsibility arm of HCL Technologies launched an online portal, ___________‟, to empower artisans and strengthen the value chain of the handicraft sector in the country. Currently, more than __ partners from eight states with over ______products are listed on the portal, it said adding that more will be joining from across the country by the end of the year.

A

HCL Foundation, the corporate social responsibility arm of HCL Technologies launched an online portal, „My e-Haat‟, to empower artisans and strengthen the value chain of the handicraft sector in the country. Currently, more than 30 partners from eight states with over 600 products are listed on the portal, it said adding that more will be joining from across the country by the end of the year.

23
Q

The Reserve Bank of India has created a composite __________________to capture the extent of financial inclusion across the country.
The FI-Index comprises ________ broad parameters – ____________ ___________, _____________, with each of these consisting of dimensions computed based on many indicators. The Index is also responsive to the ease of access, availability and the usage of services, and the quality of services, comprising all __ indicators.

A

The FI-Index comprises three broad parameters – Access (35%), Usage (45%), and Quality (20%), with each of these consisting of dimensions computed based on many indicators. The Index is also responsive to the ease of access, availability and the usage of services, and the quality of services, comprising all 97 indicators.

24
Q

According to the report, which ranked _____ countries, worldwide crypto adoption grew by over ____% in the last year. Global adoption has grown by over _______% since the third quarter of 2019, it said. Emerging markets led ahead of the United States and European nations, driven by peer-to-peer (P2P) platform trading, the report revealed.

A

According to the report, which ranked 154 countries, worldwide crypto adoption grew by over 881% in the last year. Global adoption has grown by over 2,300% since the third quarter of 2019, it said. Emerging markets led ahead of the United States and European nations, driven by peer-to-peer (P2P) platform trading, the report revealed.

25
Q

India ranks ______ in crypto adoption globally; 1st is _______

A

India ranks second in crypto adoption globally ; Vietnam

26
Q

FM Nirmala Sitharaman launches „________________‟ for export-oriented firms & startups

A

FM Nirmala Sitharaman launches „Ubharte Sitaare Fund‟ for export-oriented firms & startups

manthan august (9 decks)

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