GA Revision for All Banking And Other Exams – 952

  1. Which insurer has launched a first of its kind, Open API (Application Programming Interface) Gateway, to facilitate complete digital collaboration with its business partners?
    A) Royal Sundaram General Insurance
    B) The Oriental Insurance Company
    C) IFFCO Tokio General Insurance
    D) Edelweiss General Insurance
    View Answer
    Option D
    Explanation:
    Edelweiss General Insurance (EGI), India’s first cloud-native insurer, has launched a first of its kind, Open API (Application Programming Interface) Gateway, to facilitate complete digital collaboration with its business partners.

  2. Hq of Badminton World Federation situated at?
    A) Kathmandu
    B) Vienna
    C) Kuala Lumpur
    D) London
    View Answer
    Option C

  3. Muthoot Finance in partnership with which company launched a gold jewellery insurance scheme called ‘Gold Shield’?
    A) Kotak Mahindra Life Insurance
    B) Bajaj Allianz General Insurance
    C) IDBI Federal Life Insurance
    D) IndiaFirst Life Insurance
    View Answer
    Option B
    Explanation:
    One of the largest gold loan NBFC company, Muthoot Finance has launched a gold jewellery insurance scheme called ‘Gold Shield’ in partnership with Bajaj Allianz General Insurance.

  4. Which company works to manage and to make profitable those assets which have been underperforming or become formally classified as NPA?
    A) Asset Renewal Company
    B) Asset Reconstruction Company
    C) Asset Performance Company
    D) Asset Withdrawal Company
    View Answer
    Option B

  5. In association with which bank has Ewire Softtech, under Kerala Startup Mission, launched a prepaid card?
    A) HDFC Bank
    B) Yes Bank
    C) Axis Bank
    D) Kotak Mahindra Bank
    View Answer
    Option B
    Explanation:
    Ewire Softtech, under Kerala Startup Mission, has launched a prepaid card in association with YES Bank, enabling the next-generation payment platform provider chart an all-India presence.

  6. HDFC ERGO General Insurance Company tied up with whichbank to offer a range of general insurance products to the bank’s customers?
    A) Jio Payments Bank
    B) Fino Payments Bank
    C) NSDL Payments Bank Limited
    D) India Post Payments Bank
    View Answer
    Option C
    Explanation:
    HDFC ERGO General Insurance Company has tied up with NSDL Payments Bank Limited to offer a range of general insurance products to the bank’s customers.

  7. Where is the HQ of Canara Bank situated?
    A) Mumbai
    B) Chennai
    C) Hyderabad
    D) Bengaluru
    View Answer
    Option D

  8. According to a Confederation of Indian Industry and EY joint report, India can expect to attract how much of foreign direct investment (FDI) annually by 2025?
    A) $120-160 billion
    B) $150-180 billion
    C) $120-150 billion
    D) $100-150 billion
    View Answer
    Option A
    Explanation:
    India can expect to attract $120-160 billion of foreign direct investment (FDI) annually by 2025 if it manages to increase the FDI to Gross Domestic Product (GDP) ratio between 3-4% from less than 2% now, Confederation of Indian Industry and EY said in a report.

  9. Book titled “A crisis within knowledge and education in India” written by____?
    A) Surya Prakash
    B) Ramesh Nishank
    C) Ganesh Devy
    D) Jairam Ramesh
    View Answer
    Option C

  10. _____ is the process of stopping the flow of the physical cheque issued by a drawer at some point by the presenting bank.
    A) Teleporting
    B) Teleporting
    C) Elimination
    D) Truncation
    View Answer
    Option D
    Explanation:
    Truncation is the process of stopping the flow of the physical cheque issued by a drawer at some point by the presenting bank en-route to the paying bank branch. In its place an electronic image of the cheque is transmitted to the paying branch through the clearing house.

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