(a) Paris, France (b) Tokyo, Japan (c) Berlin, Germany (d) Beijing, China Ans.(c) Sol. The Petersberg Climate Dialogue, a forum for high-level international climate talks held annually before the United Nations Climate Change Conferences (COP), took place in Berlin, Germany from May 2-3, 2023. This year’s conference was hosted by Germany and the United Arab […]

(a) World Bank (b) United Nations (c) International Monetary Fund (d) Asian Development Bank Ans.(c) Sol. International Monetary Fund. Sri Lanka secured a $3 billion bailout package from the International Monetary Fund in March to help alleviate its economic crisis. In the midst of an economic crisis, India has decided to extend a $1 billion

(a) Axis Bank (b) HDFC Bank (c) ICICI Bank (d) HSBC Bank Ans.(d) Sol. The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 1.73 crore on the Hongkong and Shanghai Banking Corporation Ltd (HSBC Bank) for violating the Credit Information Companies Rules, 2006.

(a) Reserve Bank of India (b) Monetary Authority of Singapore (c) People’s Bank of China (d) Central Bank of the Republic of Turkey Ans.(b) Sol. The World Gold Council report stated that Monetary Authority of Singapore was the largest single buyer of gold, adding 69 metric tonnes during January-March 2023.

(a) A domestic payment collection service (b) An international payment collection service for importers (c) An international payment collection service for exporters (d) A cross-border payment transfer service Ans.(c) Sol. The Global Collections service is an international payment collection service for exporters who hold an account with YES Bank, allowing them to collect payments in

(a) PaybackPlus (b) BharatPoints (c) Zillion (d) RewardMe Ans.(c) Sol. BharatPe has announced the rebranding of PAYBACK India as Zillion, aligning with the company’s vision to make it a ubiquitous loyalty and rewards program across the nation.

(a) 6.5% (b) 7% (c) 7.5% (d) 7.81% Ans.(d) Sol. The RBI’s gold reserves comprised 7.81% of the country’s total foreign exchange reserves as of March 31, 2023, up from 7% at the end of the previous fiscal year.