Business, Economy & Banking Current Affairs MCQs 2024-25 is published daily with Multiple Choice (MCQs) / Objective Current Affairs Questions and Answers for UPSC, IAS, PSC, SSC, SSC-CGL and State SSC exams, IBPS, Banking, Railways, CLAT, State PCS and all other competitive exams. Most important current affairs MCQs for online exams practice purpose.
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Business, Economy & Banking Current Affairs MCQs
1. The term “middle-technology trap” was making news in context with which country recently?
(a) United States
(b) India
(c) Russia
(d) China
Answer: d
2. Which state has recently overtaken Tamil Nadu to emerge as the second largest economy in India after Maharashtra?
(a) Karnataka
(b) Rajasthan
(c) Uttar Pradesh
(d) Gujarat
Answer: c
3. The recently flagged off the Kashi Tamil Sangamam Express, a new regular train service connects Varanasi to which city in South India?
(a) Chennai
(b) Madurai
(c) Kanyakumari
(d) Kumbakonam
Answer: c
Prime Minister Narendra Modi flagged off the Kashi Tamil Sangamam Express, a new regular train service connecting Kanyakumari, the southernmost tip of India, to Varanasi, the holy city in the north. He flagged off the train’s inaugural run during his visit to Varanasi for the Kashi Tamil Sangamam cultural integration event. The train route passes through all major cities of Tamil Nadu over 32 hours to highlight the ancient bond between Tamil Nadu and Kashi.
4. Which state is the top performer among coastal states in the Logistics Ease Across Different States (LEADS) 2023 rankings?
(a) Andhra Pradesh
(b) Madhya Pradesh
(c) Rajasthan
(d) Tamil Nadu
Answer: d
5. Which country is not a member of Organization of the Petroleum Exporting Countries (OPEC)?
(a) Congo
(b) Gabon
(c) Nigeria
(d) Qatar
Answer: d
6. Which Indian airline recently inducted India’s first Airbus A350 aircraft into its fleet?
(a) Vistara
(b) Air India
(c) IndiGo
(d) SpiceJet
Answer: b
7. What is the name of the nuclear power plant where India and Russia signed agreements related to construction of its future power units?
(a) Kaiga Nuclear Power Plant
(b) Kudankulam Nuclear Power Plant
(c) Narora Atomic Power Station
(d) Kalpakkam Nuclear Power Plant
Answer: b
India and Russia signed agreements pertaining to the future units of the Kudankulam nuclear power plant in Tamil Nadu. Kudankulam nuclear plant is being built with technical assistance of Russia and new agreements were signed during External Affairs Minister S Jaishankar’s visit to Moscow. This nuclear project has strategic importance for India’s energy security.
8. Which architect firm has been appointed by Adani group for preparing the draft city master plan of Dharavi redevelopment project?
(a) Make Architects
(b) HCP Design
(c) Hafeez Contractor
(d) Architecture Discipline
Answer: c
Adani appointed Hafeez Contractor Architects as the city planning firm for charting out the draft development plan for Dharavi project along with US firms Sasaki and Buro Happold. Contractor is known for slum rehabilitation and social housing projects aimed at improving lives.
9. Which company won the highest number of oil and gas blocks in the recent Open Acreage Licensing Policy (OALP) bidding round?
(a) ONGC
(b) IOCL
(c) Reliance Industries Ltd
(d) BPCL
Answer: a
State-owned ONGC won seven out of the ten areas awarded for exploration and production in the latest 8th round of Open Acreage Licensing Policy (OALP) bidding. A Reliance-BP joint venture managed to win one block out of the total ten.
10. Which company has decided to introduce so called “Copilot key” in PC keyboards?
(a) Apple
(b) Dell
(c) Microsoft
(d) Lenovo
Answer: c
Microsoft is introducing a notable feature in some of the new personal computers running its Windows operating system – the “Copilot key”. This special key is designed to launch Microsoft’s AI chatbot, marking a strategic move by the company to integrate and capitalize on its partnership with ChatGPT-maker OpenAI. The addition of the Copilot key to PC keyboards is a significant step in making Microsoft a key player in the applications of generative AI technology. This initiative represents Microsoft’s most substantial change to PC keyboards since the introduction of the Windows key in the 1990s.
Q. As per Finance Ministry’s latest data, what is India’s gross domestic product growth in the first half of 2022-23?
(a) 7.7 %
(b) 8.7 %
(c) 9.7 %
(d) 10.7 %
Answer: c
Q. ‘Daksh’ is the payments fraud reporting module maintained by which institution?
(a) SEBI
(b) NITI Aayog
(c) RBI
(d) SBI
Answer: c
Q. ‘Financial Stability report (FSR)’ is a flagship publication of which institution?
(a) NITI Aayog
(b) International Monetary Fund
(c) Reserve Bank of India
(d) Bombay Stock Exchange
Answer: c
Q. India started probe into dumping of which products by China and Hong Kong?
(a) Plastic Toys
(b) Phone Display Panels
(c) Printed Circuit boards
(d) Power Banks
Answer: c
Q. As per the World Bank’s Global Economic Prospects Report, what is the expected economic growth of India in 2023-24?
(a) 5.5 %
(b) 6.6 %
(c) 7.0 %
(d) 7.7 %
Answer: b
Q. ‘Nidhi Apke Nikat’ is the outreach program conducted by which institution?
(a) IRDAI
(b) PFRDA
(c) EPFO
(d) RBI
Answer: c
Q. Sanjiv Chadha is the Managing director (MD) and CEO of which bank?
(a) State Bank of India
(b) Bank of Baroda
(c) Canara Bank
(d) Punjab National Bank
Answer: b
Q. Which institution released the report titled ‘State Finances: A Study of Budgets’?
(a) NITI Aayog
(b) Reserve Bank of India
(c) Finance Ministry
(d) Enforcement Directorate
Answer: b
Q. Which country has become India’s fourth-largest trading partner due to India’s higher imports of crude oil and fertilisers?
(a) UAE
(b) China
(c) Russia
(d) Australia
Answer: c
Q. Which institution introduced a blocking of funds facility for trading in secondary markets?
(a) RBI
(b) SEBI
(c) IRDAI
(d) PFRDA
Answer: b