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Daily Banking Awareness Quiz | 24 and 25 March 2023

Question 1

SAEL Industries has signed an agreement with __________for a loan of up to ₹754 crore.

Question 2

Which bank has sold its stake in Commercial Indo Bank LLC to SBI?

Question 3

In March 2023, RBI has allowed use of national currencies of which of the following countries for the settlement of bilateral trade?

Question 4

Recently, tax rate on royalties and technical fees of foreign firms have been increased from 10% to _____.

Question 5

Consider the following statements regarding Finance Bill 2023 and amendments proposed to it.

1. Under the amendments, securities transaction tax (STT) on options and futures trades has been hiked by up to 25%.

2. Government has extended tax holiday for banking units in IFSC to 100% for entire 10-year period.

3. As part of the amendment, long–term capital gains treatment with indexation benefits for debt mutual funds have been removed.

Which of the above statements is/are correct?

Question 6

Cabinet Committee on Economic Affairs has extended the subsidy of Rs 200 per LPG cylinder under Pradhan Mantri Ujjwala Yojana for the period of ______.

Question 7

India’s first PM MITRA Park for the textile industry has been launched at E. Kumaralingapuram in _______________ district of Tamil Nadu

Question 8

Finance Minister has proposed to set up a committee to improve the New Pension System (NPS). In which year was NPS made available to every Indian citizen on a voluntary basis?

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