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Daily Banking Awareness Quiz | 17, 18 and 19 January 2024

Question 1

Consider the following statements regarding proposals of RBI’s working group on guarantees for state governments.

1. It stated that there should be a clear definition of the reason behind the issuance of government guarantees.

2. According to the panel, state governments can think about capping the amount of incremental guarantees given out in a given year at either 5% of revenue receipts or 0.5% of GSDP (gross state domestic product), whichever is lower.

3. According to the panel, state governments should think about assessing a minimum guarantee cost for extended guarantees.

Which of the above statements is/are correct?

Question 2

The ICAI Award was presented to REC for Excellence in Financial Reporting for FY 2022-23. In which year was REC Limited established?

Question 3

RBI’s economic activity index has forecasted GDP growth for Q3 of FY24 at how much percentage?

Question 4

Recently, SBI raised ₹5,000 crore through its ____________ Basel III-compliant Additional Tier (AT) 1 bond issuance for the current financial year.

Question 5

Fintech start-up FinAGG raised ___________ in Series A funding round from Tata Capital and BlueOrchard.

Question 6

LIC has become the most valued PSU. It has moved ahead of the _________________.

Question 7

Which of the following states has been ranked as top performer in States Startup Ranking Framework 2022?

Question 8

In which year was the first National Start-up Day celebrated?

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