Economy Current Affairs MCQFor UPSC, MPSC, SSC, Banking & Teaching Exams

Which Chinese state-owned bank, the world's largest by assets, has its only Indian branch in Mumbai and was found to have suspended loans during the 2017 Doklam standoff?

Consider the following statements regarding the ICBC Mumbai branch during the 2017 Doklam standoff:

1. The branch suspended disbursement of 11 approved loans and bond investments totalling $185 million.

2. The branch met 100% of its profit target set by Beijing headquarters.

3. Communist Party members were organized to stay in contact with China's embassy and consulate.

Which of the statements given above is/are correct?

Consider the following statements regarding the Election Commission's recent decisions:

1. Voters issued notices for 'logical discrepancies' in the ongoing SIR are exempted from in-person hearings.

2. The declaration added to Form 6 was deemed 'illegal, unauthorised' and has been permanently retained.

3. A committee headed by Sr. Deputy Election Commissioner will review the ECINet portal for compliance with Acts and Rules.

Which of the statements given above is/are correct?

What percentage of Maharashtra's tehsils have been declared drought-hit according to the September 2026 state government announcement?

Consider the following statements regarding the US-China summit covered in the article:

1. The summit resulted in a major breakthrough in economic relations with detailed trade agreements.

2. Both leaders identified artificial intelligence as an area for cooperation.

3. US Trade Representative said details of limited trade agreements would be released on Monday.

Which of the statements given above is/are correct?

According to the article, what is India's target length of high-speed corridors (expressways) by 2036-37 under Vision 2047?

Consider the following statements regarding IRDAI’s proposed insurance reforms:

1. IRDAI proposes to cap first-year life insurance commissions at 20% of premium for distributors and 25% for agents.

2. The proposed reforms aim to increase the Expense of Management (EoM) limits for insurers over a five-year period.

3. Online insurance aggregators like Policybazaar were hit harder by the proposed caps compared to banks with insurance subsidiaries.

Which of the statements given above is/are correct?

According to IRDAI’s proposed reforms, what is the target Expense of Management (EoM) limit for life insurers as a percentage of gross direct premium income, to be achieved over a five-year period?

Consider the following statements regarding the coal blending plan:

1. The proposed blending percentage is up to 5% imported coal with domestic coal.

2. The previous coal-blending directives ran from December 2021 to March 2024.

3. The plan aims to increase coal exports to boost foreign exchange.

Which of the statements given above is/are correct?

What was the average spot power price in September 2026, as mentioned in the article?

According to the article, what was the Wholesale Price Index (WPI) inflation for August 2026?

On what dates is the G20 Summit scheduled to be held in Miami in December 2026?

According to the Commerce and Industry Ministry data, what was the cumulative exports recorded under PLI schemes as on June 30, 2026?

What is the proposed nuclear capacity target for India by 2047 as mentioned in the news?

According to the article, what is the value (in USD) of the US arms package for Taiwan that has been paused during the Xi-Trump meeting?