Answer: C) Flipkart
Explanation:
The agreement aims to strengthen parcel delivery services using India Post’s network.
9. Lionel Messi became only the second footballer after ______ to enter the billionaire club.
A) Neymar Jr.
B) David Beckham
C) Cristiano Ronaldo
D) Kylian Mbappé
Answer: C) Cristiano Ronaldo
Explanation:
Messi crossed a net worth of USD 1 billion, joining Cristiano Ronaldo in the billionaire category.
10. Which bank will become the first European bank to enable UPI-based cross-border remittances to India?
A) Deutsche Bank
B) Eurobank
C) Barclays
D) HSBC
Answer: B) Eurobank
Explanation:
Eurobank will facilitate UPI-linked remittance services from Greece and Cyprus to India.
11. RBI imposed a penalty of ₹3.10 lakh on:
A) Bajaj Finance
B) Mintifi Finserve
C) Paytm Payments Bank
D) Muthoot Finance
Answer: B) Mintifi Finserve
Explanation:
The penalty was imposed due to non-compliance with regulatory guidelines.
12. Skydo received approval to function as a Payment Service Provider at:
A) Mumbai Fintech Hub
B) Bengaluru Tech Park
C) IFSC at GIFT City
D) Hyderabad Fintech Valley
Answer: C) IFSC at GIFT City
Explanation:
Skydo received in-principle approval to operate at the International Financial Services Centre in GIFT City.
13. India’s outward remittances under the Liberalised Remittance Scheme declined by:
A) 1%
B) 2%
C) 5%
D) 7%
Answer: B) 2%
Explanation:
The decline was mainly attributed to global uncertainty and geopolitical tensions.
14. PFRDA introduced new Retirement Income Schemes under:
A) Atal Pension Yojana
B) PM-SYM
C) National Pension System
D) Employees’ Pension Scheme
Answer: C) National Pension System
Explanation:
The new schemes and drawdown options were introduced to improve retirement planning flexibility.
15. RBI approved the reappointment of Sandeep Bakhshi as MD and CEO of:
A) HDFC Bank
B) Axis Bank
C) ICICI Bank
D) Kotak Mahindra Bank
Answer: C) ICICI Bank
Explanation:
Sandeep Bakhshi’s tenure was extended as the head of ICICI Bank.
16. The Indian Navy announced plans to acquire how many new warships?
A) 25
B) 35
C) 45
D) 50
Answer:
Month: Current Affairs - May 27, 2026
Category: