Business, Economy & Banking Current Affairs MCQs 2025-26 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. Koderma Thermal Power Station, recently seen in the news, is located in which state?
[A] Odisha
[B] Jharkhand
[C] Maharashtra
[D] Kerala
Answer: B [Jharkhand]
2. What is ‘Carry Trade’, recently seen in news?
[A] Investing in countries with high interest rates
[B] Borrowing in a country with low interest rates and investing in a country with higher returns
[C] Trading stocks based on interest rate predictions
[D] Selling bonds to buy currencies
Answer: B
3. What is ‘Cheque Truncation System (CTS)’, recently seen in news?
[A] The process of transferring a physical Cheque from the drawer to the paying bank
[B] The process of stopping the physical movement of a Cheque and using its electronic image instead
[C] The process of clearing a Cheque without any security measures
[D] The process of verifying a Cheque manually at the paying bank branch
Answer: B
4. What is ‘Tantalum’, recently seen in news?
[A] Black Hole
[B] Rare metal
[C] Asteroid
[D] Submarine
Answer: B
5. Recently, the Confederation of Indian Textile Industry launched the project titled Fundamental Principles and Rights at Work (FPRW) with which organization?
[A] World Bank
[B] International Monetary Fund
[C] International Labor Organization
[D] United Nations Development Program
Answer: C
6. Ethanol Blended Petrol (EBP) Programme, recently seen in the news, was launched by which ministry?
[A] Ministry of New and Renewable Energy
[B] Ministry of Petroleum and Natural Gas
[C] Ministry of Science and Technology
[D] Ministry of Agriculture
Answer: B
7. According to the Bureau of Energy Efficiency, which state has the highest number of public electric vehicle charging stations in the country?
[A] Kerala
[B] Odisha
[C] Karnataka
[D] Maharashtra
Answer: C
8. Recently, which ministry organized the World Audio Visual & Entertainment Summit (WAVES), recently in news?
[A] Ministry of Consumer Affairs
[B] Ministry of Information Broadcasting
[C] Ministry of New and Renewable Energy
[D] Ministry of Defence
Answer: B
9. Recently, the central government has raised $500 million from which organization to improve healthcare in Maharashtra?
[A] World Bank
[B] International Monetary Fund
[C] United Nations Environment Programme
[D] Asian Development Bank
Answer: D
10. Which organization has introduced ‘Dispute Resolution Scheme (e-DRS)’, recently seen in news?
[A] Securities and Exchange Board of India (SEBI)
[B] Central Board of Direct Taxes (CBDT)
[C] Reserve Bank of India (RBI)
[D] Ministry of Finance
Answer: B
11. Which of the following are members of the Financial Stability and Development Council (FSDC)?
1. Governor of Reserve Bank of India
2. Chief Economic Adviser
3. Chairman of Securities and Exchange Board of India
Select the correct answer using the code given below:
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answer: d
12. With reference to National Investment and Infrastructure Fund Limited (NIIF), which of the following statements is/are correct?
1. NIIF was established in 2015 as a sovereign-linked alternative investment platform.
2. The Governing Council of NIIF is chaired by the Union Finance Minister.
Select the correct answer using the code given below:
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: c
13. What does the Gini Index primarily measure?
(a) Poverty levels in a country
(b) Employment rate in a country
(c) Income inequality within a population
(d) Economic growth rate of a country
Answer: c
14. With reference to the Oil Palm Cultivation, consider the following statements:
1. It is a native of South America and popularly known as red oil palm.
2. Indonesia is the world’s largest producer of palm oil, followed by Malaysia.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: b
15. Consider the following statements:
1. China is the largest tea producing country in the world followed by India.
2. India has become the second largest tea exporter in the world.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: c