Expected Questions From G20 Summit 2023 PDF Download: Important Questions With Answers

 Expected Questions From G20 Summit 2023: The G20 Summit 2023 was held in New Delhi as it was the eighteenth meeting of G20 (Group of Twenty).  It was held on 9–10 September 2023 at Bharat Mandapam International Exhibition-Convention Centre, Pragati Maidan, New Delhi. It was the first G20 Meeting held in India chaired by Indian Prime Minister, Narendra Modi. The motive of this G20 summit is to address the global financial and economic challenges. In this article, we have come up with a list of Expected Questions From G20 Summit 2023 for the aspirants who are preparing for the competitive exams. We have also attached the Expected Questions From G20 Summit 2023 pdf on this page. Candidates who want to crack the competitive examinations must be familiar with the expected questions from G20 Summit 2023. We can expect the questions from the G20 summit in the general awareness section of the upcoming competitive exams. Candidates can get the Expected Questions From G20 New Delhi Summit 2023 through this article to prepare for future exams. You can also download the Expected Questions From G20 Summit 2023 pdf which is attached to this page and save it for your revision in the future.

 

Expected Questions From G20 Summit 2023 PDF

Here we have provided the Expected Questions From G20 Summit 2023 PDF download link below. Candidates can add this Expected Questions From G20 Summit 2023 PDF in their preparation to enhance their preparation level for the general awareness section. We can surely expect questions related to G20 Summit 2023 in the main exam of most of the bank exams and other competitive exams. So download this Expected Questions From G20 Summit 2023 PDF for your future reference.

 


 

Important Questions From G20 Summit 2023

Candidates can check the most expected questions from G20 summit for the upcoming competitive exams.

 

Q. Which country hosted the G20 Summit in 2023?

Ans: India hosted the G20 Summit 2023 in which 20 Countries participated in progressive meetings. It is to inform you all that India Got the Presidency of the G20 Group on 1st December 2023 when the previous summit was held in Bali, Indonesia.

 

Q. How many European Union members attended the G20 summit in 2023?

Ans: The G20 consists of 19 countries and the 1 European Union, making up about 85% of global GDP and two-thirds of the world’s population.

 

Q. When did the G20 summit begin in India in 2023?

Ans: India is delighted to host the 18th G20 Summit on 09-10 September 2023 at New Delhi’s iconic Bharat Mandapam.

 

Q. Why isn’t Pakistan in the G20?

Ans: The G20’s conception in 1999 was timely, considering the shifting economic dynamics. While it targeted the top 19 economies, Pakistan’s rank prevented its inclusion. The nation’s troubled history with political stability also worked against its favour, further diminishing its G20 prospects.

 

Q. Which country was invited by India to the G20 Summit?

Ans: Bangladesh Foreign Minister Abdul Momen on Saturday expressed gratitude for the invitation extended by Prime Minister Narendra Modi, designating as a guest member at the G20 summit, saying that India’s gesture was a significant honour for their country.

 

Q. Which country is a permanent member of the G20?

Ans: The African Union was made a permanent member of the G20, comprising the world’s richest and most powerful countries.

 

Q. The year 2023 marks the ____________ meeting of the G20.

Ans: The 2023 G20 New Delhi summit is the eighteenth meeting of G20. It is taking place at Bharat Mandapam International Exhibition-Convention Centre, Pragati Maiden New Delhi. It is the first G20 summit held in India as well as in South Asia.

 

Q. When did the first G20 Summit take place?

Ans: The first G20 Summit was held in 2008 in Washington DC (USA). It set the scene for the most dramatic reform of global finance in over 60 years. At the follow-up summit in 2009 in London (UK), the G20 agreed to blacklist states that refused to cooperate in efforts to tackle tax evasion and avoidance.

 

Q. Who kicked off the first-ever G20 summit?

Ans: Finance Minister of Canada (and future Prime Minister of Canada) Paul Martin was the crucial architect of the formation of the G20 at the finance minister level and was the one who later proposed that the G20 countries move to leaders level summits.

 

Q. What’s the official logo of the G20 Summit 2023?

Ans: The G20 logo for 2023 is in the colours of saffron, white, green, and blue as it juxtaposes planet Earth with the lotus, India’s national flower that reflects growth amid challenges. The Earth reflects India’s pro-planet approach to life, one in perfect harmony with nature.

RBI Assistant Handwritten Declaration 2023: Check Format, File Size, Dimensions

 

RBI Assistant Hand Written Declaration 2023 Format

RBI Assistant Hand Written Declaration 2023 Format: Candidates who are willing to apply for the RBI Assistant exam can check the RBI Assistant Handwritten Declaration 2023 sample text for your reference. To upload your online form, refer to the RBI Assistant handwritten declaration format 2023 provided here. Candidates should not add any additional text or information to the RBI Assistant Hand Written Declaration 2023. Go through the guidelines provided below with regard to the scanned image of your RBI Assistant Handwritten Declaration 2023 format. Verify and scan the RBI Assistant Handwritten Declaration Size 2023 in accordance with the specified file size and dimensions.

The text for the RBI Assistant handwritten declaration 2023 is as follows: 

 

“I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.”

 


 

Important Points To Be Remembered

Daily Current Affairs September 13 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

RBI Plans to Eliminate Incremental Cash Reserve Ratio (I-CRR)

  • The Reserve Bank of India (RBI) has decided to phase out the incremental cash reserve ratio (I-CRR).
  • To ensure a smooth transition and prevent disruptions to system liquidity and money market functioning, RBI has scheduled the release of I-CRR funds in 3 phases: 25% on September 9, another 25% on September 23, 2023, and the remaining 50% on October 7, 2023.
  • This phased release is aimed at enhancing banks’ capacity to meet credit demand, particularly during the upcoming festival season.
  • The decision regarding I-CRR does not impact the Cash Reserve Ratio (CRR), which remains at 4.5%.

Daily Current Affairs September 12 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

State Bank of India Introduces ‘Nation First Transit Card’ for Digital Fare Payments

  • State Bank of India, the country’s largest bank, has introduced the ‘Nation First Transit Card’ with the primary goal of enhancing commuting experiences and promoting digital payment adoption.

Aim :

  • To simplify digital ticket fare payments across multiple modes of transportation, including metros, buses, water ferries, parking facilities, and more, all within a single card.
  • Beyond transportation, the ‘Nation First Transit Card’ can also be utilized for retail and e-commerce transactions, providing users with a convenient and versatile payment solution.

RBI Assistant Notification 2023 Out: Check Age Limit, Qualification

 

The Reserve Bank of India (RBI) conducts the RBI Assistant Exam every year to recruit eligible graduate candidates for the post of Assistant in various branches of the RBI across India. Reserve Bank of India has released the RBI Assistant 2023 notification advertisements in newspapers for Recruitment for the Post of Assistant – PY 2023 on 13th September 2023 in employment newspapers. Lakhs of candidates who are waiting for the RBI Assistant Exam 2023 must go through the complete article to know more about RBI Assistant Recruitment 2023. 

RBI Assistant 2023 Exam

The selection process followed by RBI to select candidates for the post of Assistant is carried through Prelims, Mains and Language Proficiency Tests. The final result will be based on the marks scored in the Mains Exam and Language test. In this article, we have covered all the necessary information regarding RBI Assistant 2023 Notification, Bookmark this page and stay updated with us. RBI Assistant is responsible for maintaining records/files, document verification, ensuring financial stability, issuing & circulating new currency, day-to-day transactions, attending Government Treasury Work, replying to emails and more.

RBI Assistant 2023 Notification

The official RBI Assistant 2023 Notification for 250 Assistant posts has been released today 13th September 2023 in the employment newspapers. The official notification pdf with complete details for the posts including category-wise vacancies, eligibility criteria, exam pattern, syllabus, and the selection process will be released on the official website of RBI by today itself. The candidates interested in RBI Assistant posts must stay updated to get notified when RBI Assistant 2023 Notification is released.

 

RBI Assistant Notification 2023 PDF – EventsImportant Dates
RBI Assistant Notification 202313th September 2023
RBI Assistant Apply Online 2023 Start Date13th September 2023
RBI Assistant Apply Online 2023 Last Date4th October 2023
Prelims Exam Date21st & 23rd October 2023
Mains Exam Date2nd December 2023

RBI Assistant Apply Online 2023

The apply online dates will be intimated through the RBI Assistant 2023 Notification when it is released. Candidates can apply for the RBI Assistant 2023 exam within the dates given in the RBI Assistant 2023 Notification pdf.  We have added the apply online link below. Candidates can click this link and start applying for the RBI Assistant 2023 exam.

 

RBI Assistant Apply Online 2023 Link (Inactive)

 

RBI Assistant 2023 Application Fee

RBI Assistant 2023 application fee details are available here for the reference of the candidates as per the RBI Assistant Notification 2023. Candidates can pay the application fee online using net banking or by any credit/debit card. As per the RBI Assistant notification 2023 pdf download, the RBI Assistant Application fee is provided in the following table.

Daily Current Affairs September 10 & 11 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

AU Small Finance Bank and Bajaj Allianz Life Insurance enter into strategic partnership

  • AU Small Finance Bank (AU SFB) and Bajaj Allianz Life Insurance have announced a strategic partnership to provide a wide range of life insurance products to AU Small Finance Bank’s diverse customer base, addressing their financial security needs.
  • The agreement was signed by Uttam Tibrewal, Executive Director of AU Small Finance Bank, and Tarun Chugh, MD & CEO of Bajaj Allianz Life Insurance.
  • AU Small Finance Bank aims to leverage technology-based solutions to enhance the customer experience by offering a variety of life insurance products from Bajaj Allianz Life Insurance.

Daily Current Affairs September 09 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

RBI and NPCI Introduce Credit Lines for UPI and Conversational Payments

  • Reserve Bank of India (RBI) Governor Shaktikanta Das has launched several new digital payment products including Credit Line on UPI, UPI LITE X, Tap & Pay, Hello! UPI, and Conversational Bill Payments by National Payments Corporation of India (NPCI) during the Global Fintech Festival.·

Aim :

  • To create an inclusive, resilient, and sustainable digital payments ecosystem in India.
  • The goal is to help UPI (Unified Payments Interface) achieve a target of processing 100 billion transactions per month.

Daily Current Affairs September 08 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

SEBI to Enforce One-Hour Trade Settlement by March 2024

  • Markets regulator Securities and Exchange Board of India (SEBI), plans to introduce one-hour trade settlements in India by the end of the fiscal year, March 2024 with an aim to significantly reduce the time taken for the settlement of securities transactions.
  • SEBI has adopted a roadmap to transition from the current settlement cycle to one-hour settlements, with the ultimate goal of achieving instantaneous settlements in the securities market.

Daily Current Affairs September 07 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

Paytm Introduces Card Soundbox Device for Contactless UPI and Credit/Debit Card Payments        

  • Paytm has introduced the Paytm Card Soundbox, a device designed to facilitate mobile and card payments, including Visa, Mastercard, American Express, and RuPay.
  • This product is aimed at helping merchants expand their businesses by offering a “tap and pay” solution for credit and debit card payments.
  • It builds upon Paytm’s earlier innovation of audio-based confirmations with the Paytm Soundbox.

Daily Current Affairs September 06 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

RBI Permits Scheduled Commercial Banks to Offer Credit Lines via UPI

  • The Reserve Bank of India (RBI) has allowed scheduled commercial banks (SCBs) (excluding Payment Banks, Small Finance Banks, and Regional Rural Banks) are now allowed to facilitate payments using pre-sanctioned credit lines for individuals with their prior consent through the Unified Payments Interface (UPI) system.
  • UPI currently supports linkage with savings accounts, overdraft accounts, prepaid wallets, and credit cards.
  • Credit lines are now included as a funding account option within the UPI system.

Daily Current Affairs September 05 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

NPCI Introduces ‘Falcon’: India’s Own Blockchain-Backed Open-Source Initiative

  • The National Payments Corporation of India (NPCI) has introduced ‘Falcon,’ an open-source project designed to simplify the management and utilization of blockchains based on ‘Hyperledger Fabric’ and supported on Kubernetes clusters.

Aim :

  • To assist blockchain developers in leveraging distributed ledger technology for efficient, reliable, and automated deployment of network and Web3 solutions.
  • It is particularly focused on fostering innovation in blockchain-based payment solutions.

Daily Current Affairs September 03 & 04 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

SEBI Forms New Panel for Alternative Investment Policy Advisory Committee

  • The Capital Market Regulator Securities and Exchange Board of India (SEBI) has reconstituted its Alternative Investment Policy Advisory Committee and advises it on a range of issues impacting the further development of the Alternative Investment Fund (AIF) space.

Key Highlights :

Committee Membership Expansion :

  • According to SEBI, the committee, initially constituted in March 2015, underwent a recent change in its composition in February 2022.
  • Now, the committee has been expanded to include 25 members, up from its previous count of 20.

Daily Current Affairs September 02 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

Savart Launched ‘The Ad Astra Fund’: The World’s First Fully Automated Investment Fund

  • Savart, one of India’s largest investment advisors, launched its maiden and flagship Portfolio Management Service (PMS) called, The Ad Astra Fund -World’s First Fully Automated Investment Fund, in Hyderabad, Telangana.
  • On the day of its launch, The Ad Astra Fund secured investment commitments worth INR 31 crores, indicating strong initial investor interest.
  • The fund has set an ambitious goal of reaching an Asset Under Management (AUM) of INR 350 crores by the end of the fiscal year 2024 (FY24).

Daily Current Affairs September 01 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

Bad Bank chairman Karnam Sekar resigns over disagreements in merger with IDRCL

  • Karnam Sekar, the chairman of the National Asset Reconstruction Company of India (NARCL), commonly referred to as the Bad Bank, has resigned due to differences in the structure and functioning of the institution.
  • National Asset Reconstruction Company of India (NARCL) Chairman Sekar resigned soon after a proposal for merging the public sector NARCL with India Debt Resolution Company Limited (IDRCL) was suggested.

Origin of Merger Proposal :

  • The report notes that the proposal for the merging of two entities first came from IDRCL, headed by former State Bank of India (SBI) managing director (MD) Diwakar Gupta.
  • It was suggested to the Finance Ministry that the two entities should be merged in order to optimize business opportunities and reduce costs.

Daily Current Affairs August 31 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

Asian Development Bank & Fourth Partner Energy sign $14.7mn loan agreement to build solar power plant in Tamil Nadu

  •     The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited (Fourth Partner) an Independent Power Producer (IPP) signed a long-term loan of up to 2 billion Indian rupees (about $14.7 million) to construct and operate a 25-megawatt solar photovoltaic-based power plant to increase clean and low-cost energy supply to commercial and industrial customers.
  • The power plant, located in Tirunelveli district in the state of Tamil Nadu in India, is expected to generate about 7 gigawatt-hours of electricity annually and will directly sell power to commercial and industrial users.
  • This is ADB’s 1st direct financing to a renewable energy plant.

Daily Current Affairs August 29 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

RBI approves merger of Akola Merchant Co-operative Bank Limited with Jalgaon Peoples Co-operative Bank

  • The Reserve Bank of India (RBI) has approved the merger of Akola Merchant Co-operative Bank Limited, located in Akola, Maharashtra, with The Jalgaon Peoples Co-operative Bank Limited, situated in Jalgaon, Maharashtra.
  • This strategic move was authorized by the RBI under Sub-Section (4) of Section 44A along with Section 56 of the Banking Regulation Act, 1949.
  • After the merger, the branches of Akola Merchant Co-operative Bank will function as branches of The Jalgaon Peoples Co-operative Bank.
  • This merger is expected to strengthen the banking sector in the region and improve customer services for both banks’ clients.

Daily Current Affairs August 27 & 28 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

India’s banking system liquidity slips into deficit for 1st time in FY24

  • India’s banking system liquidity has slipped into deficit for the 1st time this financial year(2023) after the Reserve Bank of India’s temporary liquidity withdrawal move and tax outflows.

Key Highlights : 

  • As of August 21, 2023, the liquidity of the Indian banking system was reported at Rs 236 billion ($2.84 billion), according to data provided by the Reserve Bank of India (RBI).
  • This marked a significant departure from the scenario at the beginning of August 2023 when the banking system enjoyed a surplus liquidity of 2.8 trillion rupees.

Daily Current Affairs August 17 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

RBI to launch pilot project on Public Tech Platform for frictionless credit

  • In a step towards enhancing India’s financial landscape, the Reserve Bank of India (RBI) has announced the launch of the Pilot Project for Public Tech Platform for Frictionless Credit by Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the RBI.

Aim: 

  • To enable delivery of frictionless credit by facilitating a seamless flow of required digital information to lenders.

Daily Current Affairs August 16 2023 | Latest News

 

CURRENT AFFAIRS ; BANKING & FINANCE

Bank of Maharashtra tops list of public sector lenders in loan and deposit growth of 25% in Q1 2023

  • Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth of 25% in percentage terms during the first quarter of the current financial year.
  • The deposit and advances of the Pune-based lender are the highest by any public sector bank (PSB) during the April-June quarter.

Daily Current Affairs August 15 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

RBI Monetary Policy Highlights: Keeps Repo rate unchanged at 6.5%; Retail inflation for FY24 pegged at 5.4%

  • Reserve Bank of India (RBI) Governor Shaktikanta Das announced that the Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5% for the 3rd time in a row.

RBI’s Policy Rates :

Category

Rate

Repo Rate

6.5%

Reverse Repo Rate

3.35

Standing Deposit Facility

6.25%

Marginal standing facility

6.75%

GDP growth projection

6.5%

          C  Consumer Price Index (CPI) inflation

5.4%

Bank Rate

6.75%

Cash Reserve Ratio (CRR)

4.50%

Statutory Liquidity Ratio (SLR)

18%

Key Highlights :

  • Real GDP growth for 2023-24 is projected at 6.5% with Q1:2023-24 at 8.0%; Q2 at 6.5%; Q3 at 6.0%; and Q4 at 5.7% & Q1FY25 at 6.6%.

Daily Current Affairs August 13 & 14 2023

 

CURRENT AFFAIRS : BANKING & FINANCE

RBI proposes to raise UPI-Lite payments limit to Rs 500 per transaction

  • The Reserve Bank of India (RBI) announced to increase the transaction payment limit from Rs. 200 to Rs. 500 for UPI Lite in offline mode to promote digital transactions.
  • However, the overall limit of small-value digital transactions is kept unchanged at 2,000 rupees.
  • Earlier, a limit of Rs 200 per transaction and an overall limit of Rs 2,000 per payment instrument had been prescribed by the RBI for small value digital payments in offline mode, including for National Common Mobility Card (NCMC) and UPI Lite.

Daily Current Affairs August 12 2023 | Latest News

 

CURRENT AFFAIRS: BANKING & FINANCE

SEBI changes IPO rules & listing time cut to 3 days from 6 days

  • Capital markets regulator Securities and Exchange Board of India (SEBI) halved the timeline for listing of shares on stock exchanges after the closure of Initial Public Offerings (IPOs) to 3 days from 6 days at present.
  • The new listing timeframe will be voluntary for all public issues opening on or after September 1, 2023, and mandatory for all the issues which come after December 1, 2023.
  • Under the new guidelines, IPOs will have to mandatorily list after 3 days of the issue closing date.
  • The move came after SEBI’s board cleared a proposal regarding the same in June 2023.

Daily Current Affairs August 11 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

Banks wrote off ₹14.56 lakh crores non-performing assets between FY15 and FY23

  • As per the RBI provisional data, ₹14-lakh crore worth Non-Performing Assets (NPAs) were written off by Scheduled commercial banks (SCBs) between FY15 and FY23 (9 years).
  • Out of these, nearly half (₹7,40,968 crore/ ₹7.40 lakh crore) were related to large industries and services.
  • The SCBs have recovered an aggregate amount of Rs 2,04,668 crore in written-off loans, including corporate loans, since April 2014 and up to March, 2023.

Daily Current Affairs August 10 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

Bajaj Finance partnered with ICICI Lombard General Insurance to offer motor insurance policies

  • Indian non-banking financial services company, Bajaj Finance Limited (BFL) has partnered with ICICI Lombard General Insurance along with other partners to provide car and two-wheeler insurance plans on the platform Bajaj Finance Insurance Mall.

Key features and benefits :

  • Offers Comprehensive coverage: Get complete coverage for the insured vehicle as well as for the third party.
  • Offers own damage cover: These policies cover damages caused to the insured vehicle by accidents, thefts, natural calamities and fire.
  • Offers third-party cover: Get financial coverage for third-party liabilities.

Daily Current Affairs August 09 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

NABARD sanctions Rs 1,974 crores to the Government of Rajasthan for Rural Infrastructure Development Fund for 2023-24

  • National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 1,974.07 crore to the Rajasthan government under the Rural Infrastructure Development Fund (RIDF) for 2023-24.
  • Rs 930.44 crore has been sanctioned for 3 rural drinking water supply projects in Ajmer, Jalore, and Kota districts.

Daily Current Affairs August 08 2023 | Latest News

 

CURRENT AFFAIRS : BANKING & FINANCE

Mastercard Launches CVV-Free Payment Feature For Tokenized Transactions

  • Payments giant Mastercard announced the introduction of Cardholder Verification Value (CVV)-less online transactions for its debit and credit cardholders who have tokenized their cards on merchant platforms.