Banking & Insurance - General, Financial & Banking Awareness

Economic Survey, Budget & National Affairs question bank (Current Affairs & Economic Overview)

Practice 67 free Banking & Insurance - General, Financial & Banking Awareness Current Affairs & Economic Overview - Economic Survey, Budget & National Affairs questions with answers and step-by-step solutions.

Start free Book a demo
All Easy Hard Medium
Q1.

Payment Systems & Fintech: In 'Union Budget Highlights, Fiscal Deficit Targets and Revenue Allocations', Unified Payments Interface (UPI) was developed by:

(A)
National Payments Corporation of India (NPCI) (Union Budget Highlights, Fiscal Deficit Targets and Revenue Allocations)
(B)
Reserve Bank of India directly
(C)
State Bank of India
(D)
NITI Aayog
Show answer & solution
Verified Answer & Solution Locked
Sign in to your free student account to reveal verified answers, instant hints, and detailed explanations.
Sign in to view
Q2.

Priority Sector Lending (PSL): Under RBI norms in 'Union Budget Highlights, Fiscal Deficit Targets and Revenue Allocations', domestic scheduled commercial banks must allocate what percentage of ANBC to priority sectors?

(A)
$40\%$ of Adjusted Net Bank Credit (ANBC) (Union Budget Highlights, Fiscal Deficit Targets and Revenue Allocations)
(B)
$25\%$
(C)
$18\%$
(D)
$50\%$
Show answer & solution
Verified Answer & Solution Locked
Sign in to your free student account to reveal verified answers, instant hints, and detailed explanations.
Sign in to view
Protected Questions

Unlock All 27 Questions in Economic Survey, Budget & National Affairs

Log in or sign up free to access every question with complete solutions, create chapter practice tests, and track your performance.

Sign in to unlock Create free account

Sign up free to access all 27 questions

Unlock every Economic Survey, Budget & National Affairs question, generate papers, and practice at your own pace.

Start free