Correct Answer : Option (D) - 8.3%
Correct Answer : Option (B) - BharatPe
Note : Fintech company BharatPe has launched ‘PostPe’, a new solution to provide credit to customers on the ‘Buy Now Pay Later’ (BNPL) platform. Using the postpe solution, customers can avail interest-free credit limit of up to Rs 10 lakh.
Correct Answer : Option (B) - Kotak Mahindra Bank
Note : The Kotak Mahindra Bank (KMBL) has received approval from the Government of India for collection of direct and indirect taxes, such as income tax, Goods and Services Tax (GST) etc, through its banking network. Following the announcement, the KMBL has become the first scheduled private sector bank to receive permission to take part in government-related business.
Correct Answer : Option (C) - Russian
Note : The Russian envoy to Afghanistan, Zamir Kabulov said on October 7, 2021, that Russia will invite the militant group Taliban for the international talks on Afghanistan scheduled for October 20 in Moscow.
Correct Answer : Option (A) - 9.5%
Note : The RBI Monetary Policy Committee has retained the real GDP growth projection at 9.5% in 2021-22, which includes 7.9% in Q2, 6.8% in Q3 and 6.1% in Q4 of 2021-22. The real GDP growth for Q1:2022-23 is projected at 17.2%.
Correct Answer : Option (C) - International Organization of Securities Commissions (IOSCO)
Note : The World Investor Week (WIW) is an initiative promoted by the International Organization of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas.In 2021, the 5th annual WIW is being observed between October 04 and October 10, 2021.
Correct Answer : Option (D) - Kiran Mazumdar-Shaw
Note : As per Forbes India Rich List 2021, while most of India's rich gained wealth during 2021, four pharma billionaires saw a fall in their wealth including Biocon's Kiran Mazumdar-Shaw, Reddy Family from Dr. Reddy's Laboratories, Aurobindo Pharma's P.V. Ramprasad Reddy and Lupin's Gupta Family.
Correct Answer : Option (B) - October 7
Correct Answer : Option (B) - 7
Note : The Centre has approved the setting up of 7 new mega textile parks, or PM MITRA (पीएम मित्र) parks across the country in an effort to help furthering the growth of textile sector in the economy and position India strongly on the Global textiles map. The total outlay for the project has been set at Rs 4,445 crore for 5 years.
Correct Answer : Option (D) - Section 45-IE (1)
Note : The Reserve Bank of India has superseded the Board of Directors of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL) under Section 45-IE (1) of the Reserve Bank of India Act, 1934. These both are NBFCs.
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