The leading economy story for the 24 September to 30 September 2012 week was that the State Bank of India cuts its base rate with 25 basis point. The economy quiz this week centers round the facts and figures. Jagranjosh.com team which works on Economy Current Affairs have prepared a set of 5 economy quizzes for those interested in updating the economy current affairs knowledge.
1. For what percent, The Government of India on 20 September 2012 hiked the foreign investment cap for the broadcasting service providers?
(a) 65 percent
(b) 74 percent
(c) 80 percent
(d) 54 percent
Answer: (b) 74 percent
2. The Cabinet Committee on Economic Affairs (CCEA) on 24 September 2012 approved a package on debt restructuring for the state-electricity boards. What was net worth of that package?
(a) 1.90 lakh Crore
(b) 3.5 lakh Crore
(c) 2.6 lakh Crore
(d) 1.25 lakh Crore
Answer: (a) 1.90 lakh crore
3. Which agency was instructed by the Central Vigilance Commission on 24 September 2012 to expand its investigation scope on Coal Block Allocation to private firms in between 1993 to 2004?
(a) Directorate of Revenue Intelligence
(b) Central Bureau of Investigation (CBI)
(c) CAG Committee
(d) None of These
Answer: (b) Central Bureau of Investigation (CBI)
4. Market regulator Securities and Exchange Board of India (SEBI) has approved a proposed hike of the government's stake in Industrial Finance Corporation of India Ltd (IFCI) to make it a state-run company. What was hike that Percent?
(a) 56.25 Percent
(b) 55.57 Percent
(c) 54.35 Percent
(d) 58.65 Percent
Answer: (b) 55.5 Percent
5. State Bank of India, the country’s largest bank, cuts its base rate with how much point making it to 9.75 percent?
(a) 25 basis point
(b) 45 basis point
(c) 35 basis point
(d) 50 basis point
Answer: (a) 15 basis point
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