Daily Quiz June 2023

Daily Quiz on Current Affairs by Gkseries – 9 June 2023

________ is the repo rate announced by the RBI in the June 2023 Monetary Policy meeting?

(a) 6.0%(b) 6.25%(c) 6.5%(d) 6.75% Ans.(c)Sol. The RBI Monetary Policy meeting is held for June 2023. The Reserve Bank of India (RBI) declared its second instance of maintaining the interest rates at the same level, indicating successful outcomes from RBI monetary policy measures. RBI Governor Shaktikanta Das announced that the repo rate would remain unchanged at

________ is the repo rate announced by the RBI in the June 2023 Monetary Policy meeting? Read More »

Daily Quiz on Current Affairs by Gkseries – 9 June 2023

How does the PM KUSUM Scheme aim to finance solar projects on agricultural land?

(a) Through grants from international organizations(b) By linking the scheme to the Agriculture Infrastructure Fund(c) Through contributions from the farmers’ cooperative societies(d) By attracting private investors in the renewable energy sector Ans.(b)Sol. The PM KUSUM Scheme aims to tap into the Agriculture Infrastructure Fund to provide farmers with cheaper loans for setting up solar projects

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Daily Quiz on Current Affairs by Gkseries – 9 June 2023

Which of the following regulatory body in India is responsible for enforcing Foreign Exchange Management Act (FEMA)?

(a) Securities and Exchange Board of India (SEBI)(b) Reserve Bank of India (RBI)(c) Ministry of Finance(d) Securities Appellate Tribunal (SAT) Ans.(b)Sol. RBI is the regulatory body responsible for enforcing FEMA and ensuring compliance with its provisions.

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Daily Quiz on Current Affairs by Gkseries – 9 June 2023

The Reserve Bank of India (RBI) has recently updated its ‘Alert List’ to caution the public about unauthorised forex trading platforms. How many new entities were added to the RBI’s ‘Alert List’ in the recent update?

(a) Four(b) Six(c) Eight(d) Ten Ans.(c)Sol. In the recent update, the RBI added eight new entities to the ‘Alert List.’ This brings the total number of entities on the list to 56.

The Reserve Bank of India (RBI) has recently updated its ‘Alert List’ to caution the public about unauthorised forex trading platforms. How many new entities were added to the RBI’s ‘Alert List’ in the recent update? Read More »

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