Showing questions for April 09, 2025
- Total: 10 questions
Question 1 Apr 09, 2025
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In which Indian state is IOCL investing ₹61,077 crore to set up a world-class petrochemical complex?
OdishaIndian Oil Corporation Ltd (IOCL) is making its largest-ever single-location investment of ₹61,077 crore to develop a world-class petrochemical complex in Paradip, Odisha. This initiative aims to significantly enhance India’s petrochemical capabilities and boost industrial infrastructure in the eastern region. The project includes a dual-feed cracker and downstream units that will manufacture high-demand petrochemical products like polypropylene, phenol, PVC, and synthetic rubber. Strategically located in Paradip, with its strong coastal connectivity, the complex is expected to catalyze the growth of the Paradip Petroleum, Chemicals, and Petrochemicals Investment Region (PCPIR) and generate substantial employment, accelerating Odisha's transformation into a key industrial hub.
Question 2 Apr 09, 2025
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What is the term duration for which India has been appointed to the UN's ISAR?
2025 to 2027India has been elected uncontested to the United Nations' Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) for the term spanning 2025 to 2027. This appointment highlights India's increasing influence in global financial reporting and its commitment to improving transparency and standardization in accounting practices. ISAR, established under the United Nations Conference on Trade and Development (UNCTAD) in 1982, plays a vital role in strengthening international corporate reporting frameworks. India’s participation during this term will contribute to shaping global policies that promote economic stability, enhance investor confidence, and encourage sustainable financial practices.
Question 3 Apr 09, 2025
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Which country launched the Digital Threat Report 2024 to enhance cybersecurity in the BFSI sector?
IndiaThe Digital Threat Report 2024 was launched to enhance cybersecurity measures specifically in the BFSI (Banking, Financial Services, and Insurance) sector. India spearheaded this initiative to identify existing security gaps and emerging cyber risks in the financial domain. The report advocates for a unified cybersecurity framework and increased collaboration among BFSI institutions to manage threats effectively. By providing a strategic guide to navigate the growing complexity of cyber threats, the report equips financial institutions with the tools needed to build stronger resilience and secure their digital infrastructure against evolving challenges.
Question 4 Apr 09, 2025
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Who has been appointed as the Deputy Chief Information Officer (CIO) at the Bombay Stock Exchange (BSE)?
Viral DavdaViral Davda has been appointed as the Deputy Chief Information Officer at the Bombay Stock Exchange (BSE) to spearhead its technological advancement initiatives. With over 20 years of experience in IT and finance, including his role as CTO at NCDEX, Davda is expected to play a key role in modernizing BSE’s IT infrastructure. His leadership is crucial for managing large-scale digital transformations, including hybrid cloud adoption and operational optimization. Recognized as CTO of the Year in 2022 (NBFC category), his strategic insight aligns with BSE’s goals of maintaining high performance, processing massive data volumes, and ensuring resilience in a rapidly evolving market.
Question 5 Apr 09, 2025
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What is the NPA (Non-Performing Asset) rate recorded under the MUDRA Scheme, making it the lowest in the world?
3.50%The MUDRA Scheme, launched in 2015, was designed to offer collateral-free loans to non-corporate, non-farm small and micro-entrepreneurs across India. It is facilitated by the Micro Units Development and Refinance Agency Ltd. (MUDRA). One of its standout achievements is recording the world’s lowest NPA (Non-Performing Asset) rate at just 3.5%. This low NPA rate indicates that the majority of borrowers are repaying their loans on time, reflecting the success of the scheme in empowering small entrepreneurs while maintaining strong financial discipline. The rate underscores the scheme’s impact on financial inclusion and responsible credit usage.