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Daily Banking Awareness Quiz | 1 and 2 August 2021

Question 1

IBBI has introduced a monetary penalty for Insolvency Professionals (IPs). What is the minimum penalty in case of IPs accepting an assignment having a conflict of interest with stakeholders?

Question 2

Which of the following transaction modes has reached beyond 300 crore mark transactions in July as per NPCI data?

Question 3

Government has shifted Tur, Urad and Moong from restricted category to free category for a limited period till -

Question 4

Limited Liability Partnership (Amendment) Bill 2021 defines small LLPs as Limited Liability Partnerships (LLPs) where contribution does not exceed ______ or a higher prescribed amount not exceeding ₹5 crore.

Question 5

Deepak Das has been appointed as the new _________________ with effect from 1 August 2021. 

Question 6

Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 proposes to amend definition of “major airport" under AERA Act of ______________.

Question 7

Recently, Finance Ministry has extended the validity of anti-dumping duty on Polytetrafluoroethylene imports from Russia by a time period of  -

Question 8

Registered GST assesses should file an annual return in ________________.

Question 9

In which year was Unified Payments Interface (UPI) launched?

Question 10

As per the definition of small LLPS proposed in Limited Liability Partnership (Amendment) Bill 2021, the turnover of small LLPs in the preceding financial year should be between -

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