Daily Banking Awareness Quiz | 23, 24 and 25 May 2023

Cryptocurrency exchange CoinDCX has recently launched a decentralised finance wallet. What is its name?

In May 2023, Jayakumar S. Pillai’s appointment as Deputy Managing Director on the board of ________ has been approved. 

As part of relaxation of the norms for surety bonds, IRDAI has removed _____ exposure limit on each contract underwritten by insurers.

According to research by SBI’s economic research department (ERD), rural and semi-urban areas are now accounting for ______ of share in UPI value/ volume.

According to the RBI, gross FDI in FY23 declined from $84.8 billion in FY22 to __________ in FY23.

Finance Ministry has announced an increase in the maximum limit for encashment of earned leave for income tax exemption. What is the new limit?

Consider the following statements regarding steel production worldwide.

1. Production in the 63 countries declined to 161.4 million tonnes (mt).

2. Top producer China reported a decline of 1.5% compared to a year-ago period.

3. India reported a 3.2% rise in production at 10.7 mt.

Which of the above statements is/are correct?

RBI’s economic activity index (EAI) has nowcast GDP growth for Q1 of FY24 at _____.