Economy Current Affairs Quiz/Questions-Answers March 2013, March 18-March 24

Economy quizzes are predominantly designed for different competitive exams...

Created On: Mar 25, 2013 15:51 ISTModified On: Apr 9, 2013 16:34 IST

Economy quizzes are predominantly designed for different competitive exams. The economy quiz will allow the students in getting a better understanding about the different happenings related to Indian and World Economy. Economy quizzes are interesting for not just the students preparing for competitive exams, but for everyone else who have interest in economy related affairs.

1. By what basis point, the Reserve Bank of India (RBI) on 19 March 2013 cut the repo rate in its mid-quarter review of the monetary policy.
A. 25 basis Point
B. 50 Basis Point
C. 15 basis point
D. 35 basis point
Answer: (A) 25 basis Point

2. The Cabinet Committee on Investment (CCI) on 21 March 2013 cleared Reliance Industries' (RIL) KG-D6 and NEC-25 blocks  for________________
A. Oil and Gas Exploration
B. Oil and Gas Engineering
C. Oil and Gas Filtration
D. Oil and Gas Production
Answer: (A) Oil and Gas Exploration

3. Name the Place where Commercial production of Aishwarya Oil Field at has started on 23 March 2013.
A. Rajasthan
B. Tamil Nadu
C. Orissa
D. Andhra Pradesh
Answer: (A) Rajasthan

4. As per RBI mid-quarter review of the monetary policy, the reverse repo rate changed from the earlier 6.5 Percent. What is the new Reverse repo rate?
A. 6.5  Percent
B. 5.5 Percent
C. 6.7 Percent
D. 6.75 Percent
Answer: (D) 6.75 Percent

5. Security Printing and Minting Corporation of India Limited (SPMCIL) signed the Memorandum of Understanding (MoU) with the Department of Economic Affairs (DEA), Ministry of Finance on 25 March 2013. What is the set ambitious Sales target made by the Company in 2013-14 fiscal year?
A. 3407 Crore Rupees
B. 3510 Crore Rupees
C. 3210 Crore Rupees
D. 3256 Crore Rupees
Answer: (A) 3407 Crore Rupees


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