BBA 5th SEMESTER, UNIT IV, GENERAL BUSINESS AWARENESS

Current Business Development

1. The Reserve Bank of India recently cancelled the authorisation certificate of which
famous Payment System Operator?
(A) Tata Communications Payment Solutions (B) Vodafone m-pesa Limited
(C) Infibeam Avenues Limited (D) Muthoot Finance Ltd.
2. Which state recently launched a new initiative called ‘Direct CTO (Consent to Operate)’,
for giving faster clearances to industries?
(A) Telangana (B) Andhra Pradesh
(C) Tamil Nadu (D) Odisha
3. Who is the chairperson of the high-level panel recently set up to prepare an investigation
manual for Serious Fraud Investigation Office (SFIO)?
(A) N K Singh (B) U K Sinha
(C) Injeti Srinivas (D) Tapan Ray
4. After the lockdown due to COVID-19, what is the estimated growth rate of India in the
current fiscal, as per the recent report of Fitch Ratings?
(A) 2.0% (B) 2.4%
(C) 3.2% (D) 4.2%
5. Which term is used to define the difference between the total imports of the country and
the total exports?
(A) Trade Deficit (B) Import Deficit
(C) Primary Deficit (D) Fiscal Deficit
6. Which mutual fund house announced that it has shut down six of its schemes owing to
market disruptions amid Covid-19?
(A) Nippon India Mutual Fund (B) Aditya Birla Sun Life Mutual Fund
(C) Kotak Mahindra Mutual Fund (D) Franklin Templeton Mutual Fund
7. The mandatory norms for accepting payments by electronic mode has been exempted for
which type of companies?
(A) B2C (business to consumer) businesses
(B) B2B (business to business) businesses
(C) C2B (consumer to business) businesses

RAJAT TAYAL 1
ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT IV, GENERAL BUSINESS AWARENESS

(D) C2C (consumer to consumer) businesses

8. ‘Safe Harbour Rules’, that was in news recently is associated with which Ministry?
(A) Ministry of Shipping (B) Ministry of Finance
(C) Ministry of Corporate Affairs (D) Ministry of Commerce and Industry
9. Olympus, that has recently exited from its camera business, is a famous company based in
which country?
(A) China (B) Japan
(C) South Korea (D) United States
10. Which Indian organisation has constituted a working group to study feasibility of
forming a ‘pandemic risk pool’?
(A) Reserve Bank of India (B) Securities Exchange Board of India
(C) Insurance Regulatory and Development Authority
(D) Insolvency and Bankruptcy Board of India
11. The Central Bank of which country has become one of the investors with more than one
per cent stake in Housing Development Finance Corporation Ltd (HDFC)?
(A) Japan (B) Singapore
(C) China (D) Malaysia
12. Which global organisation has approved USD 1 billion ‘Accelerating India’s COVID-19
Social Protection Response Program’?
(A) World Bank (B) International Monetary Fund
(C) Asian Development Bank (D) New Development Bank
13. Priority Sector Lending (PSL) is mandated by which institution?
(A) RBI (B) SEBI
(C) NITI Aayog (D) Department of Financial Services
14. Which feature has been added by the National Payments Corporation of India (NCPI) in
Unified Payments Interface (UPI)?
(A) Autopay (B) Near Field Communication
(C) Mutual Fund Investment (D) NPS investment
15. Which development bank is to finance the USD 500 million Mumbai Urban Transport
Project-III?
(A) ADB (B) AIIB

RAJAT TAYAL 2
ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT IV, GENERAL BUSINESS AWARENESS

(C) BRICS Bank (D) World Bank

RAJAT TAYAL 3
ASSISTANT PROFESSOR