1. What is the inflation target set by the RBI for the current financial year?
Answer: 4%.
2. What was India’s retail inflation rate in August 2023?
Answer: 6.83%.
3. How did India’s industrial output (IIP) perform in July 2023?
Answer: It grew at 5.7%.
4. What did the Reserve Bank of India (RBI) state in response to the rising inflation?
Answer: It will raise interest rates if conditions require.
5. Which of the following is not a key feature of the OTG Ring, launched by NPCI?
Answer: It can be used to withdraw cash from ATMs.
6. The New Development Bank (NDB) was established by which group of countries?
Answer: BRICS.
7. Which of the following organizations is not involved in the development of the OTG Ring?
Answer: State Bank of India (SBI).
8. Which of the following is not a feature of Cashfree Payments’ ‘AutoPay on QR’?
Answer: It is a payment gateway solution.
9. Which of the following is not a key finding of the Gender Snapshot 2023 report?
Answer: Progress towards achieving gender equality is significantly on track.
10. According to the Fiscal Health Report, which states are identified as most vulnerable to debt sustainability risks?Answer: Punjab, Bihar, and Rajasthan.
