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Daily Current Affairs - 27 September 2023


6. What is S&P Global Ratings' growth forecast for India in the current fiscal year?

A. 5%

B. 6%

C. 6.5%

D. 7%

Discuss Work Space

Answer: option b

Explanation:

S&P Global Ratings has retained India's growth forecast for the current fiscal year at 6%.

7. Which foreign institutional investors (FIIs) have been increasingly investing in Indian banks, according to S&P Global Market Intelligence?

A. ICICI Bank, HDFC Bank, Axis Bank

B. Kotak Mahindra Bank, Yes Bank, IndusInd Bank

C. ICICI Bank, HDFC Bank, Kotak Mahindra Bank

D. State Bank of India, Punjab National Bank, Canara Bank

Discuss Work Space

Answer: option c

Explanation:

Foreign institutional investors (FIIs) have been increasingly investing in Indian banks, with ICICI Bank, HDFC Bank, and Kotak Mahindra Bank among the preferred choices.

8. Why did the Reserve Bank of India (RBI) impose monetary penalties on State Bank of India (SBI), Indian Bank, and Punjab & Sind Bank?

A. Non-compliance with KYC norms

B. Violation of loan and advances guidelines

C. Failure to follow interest rate directives

D. All of the above

Discuss Work Space

Answer: option d

Explanation:

The RBI imposed monetary penalties on these banks for various reasons, including non-compliance with KYC norms, violation of loan and advances guidelines, and failure to follow interest rate directives.

9. What is the amount of Amazon's strategic investment in the AI startup Anthropic?

A. $100 million

B. $400 million

C. $1 billion

D. $4 billion

Discuss Work Space

Answer: option d

Explanation:

Amazon announced a strategic investment of up to $4 billion in the AI startup Anthropic.

10. When is World Tourism Day observed globally, and what was the theme for World Tourism Day 2023?

A. September 27; "Tourism and green investment"

B. September 26; "Sustainable Tourism for Development"

C. October 1; "Travel, Enjoy, Respect"

D. August 15; "Tourism: Building Peace! Fostering Knowledge!"

Discuss Work Space

Answer: option a

Explanation:

World Tourism Day is observed on September 27, and the theme for World Tourism Day 2023 was "Tourism and green investment."


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