1. By what percentage did UPI transaction volumes increase in H1CY24 compared to H1CY23?
Correct answer: 52%. UPI transaction volumes saw a significant 52% rise in the first half of calendar year 2024 compared to the same period in 2023.
2. How many credit information companies are there in India that ARCs must now join?
Correct answer: 4. Asset Reconstruction Companies (ARCs) are required to join all 4 credit information companies in India for enhanced financial transparency.
3. What is the new deadline set by SEBI for the direct payout of securities to Demat accounts?
Correct answer: November 11, 2024. SEBI has extended the deadline to ensure smoother implementation of the direct payout mechanism to investors’ Demat accounts.
4. Which committee approved Phase III of the Space-Based Surveillance (SBS) mission?
Correct answer: Cabinet Committee on Security. This approval paves the way for advanced surveillance capabilities to strengthen India’s national security.
5. Which prominent business leader has been recommended for the Bharat Ratna by the Maharashtra Cabinet?
Correct answer: Ratan Tata. Known for his philanthropy and leadership, Ratan Tata has been recommended for the Bharat Ratna, India’s highest civilian honor.
