GA Revision for All Banking And Other Exams – 957

  1. Prime Minister Narendra Modi released a commemorative coin of ₹75 denomination to mark the long-standing relation of India with which organization?
    A) International Bank for Reconstruction and Development
    B) Food and Agriculture Organisation
    C) International Fund for Agricultural Development
    D) World Wide Fund for Nature
    View Answer
    Option B
    Explanation:
    Prime Minister Narendra Modi released a commemorative coin of ₹75 denomination to mark the long-standing relation of India with Food and Agriculture Organisation(FAO). The coin was released on the occasion of 75th Anniversary of Food and Agriculture Organisation (FAO).

  2. IKEA has partnered with which bank along with Mastercard to launch IKEA Family Credit Card?
    A) Citibank
    B) Standard Chartered Bank
    C) HSBC Bank
    D) DBS Bank
    View Answer
    Option A
    Explanation:
    Citibank India (Citi) and Mastercard jointly announced the launch of “IKEA Family Credit Card by Citi” to make shopping at the Swedish furnishing company more affordable, convenient and rewarding.

  3. The stock market index of Bombay Stock Exchange is?
    A) Nifty
    B) Sensex
    C) FTSE
    D) Bearish
    View Answer
    Option B
    Explanation:
    Founded – 1875, HQ – Mumbai, CEO – Shri Ashishkumar Chauhan

  4. As per the Arton Capital’s Global Passport Index, what is the rank of India in terms of the strongest passports in the world?
    A) 53
    B) 65
    C) 77
    D) 58
    View Answer
    Option D
    Explanation:
    New Zealand has knocked off Japan for the strongest passport in the world according to the latest Global Passport Index compiled by global financial advisory firm Arton Capital. The US passport ranked 21 and India 58.

  5. A cheque is defined under which act?
    A) Payment and Settlement Systems Act, 2007
    B) Reserve Bank of India Act, 1934
    C) Banking Regulation Act, 1949
    D) Negotiable Instruments Act, 1881
    View Answer
    Option D
    Explanation:
    A cheque is defined under NI Act 1881

  6. According to Vancouver-based Resonance Consultancy Ltd., which city topped the “World’s Best Cities for 2021” list in the real estate sector?
    A) Vienna
    B) Singapore
    C) London
    D) New York
    View Answer
    Option C
    Explanation:
    Vancouver-based Resonance Consultancy Ltd., which deals in real estate, released its “World’s Best Cities for 2021” list, naming London as the best city.
    London was followed by USA’s New York. Only one Indian city Delhi, made it to the list, taking the 62nd position.

  7. Banks which are desirous of operating as BBPOUs would need to obtain one-time approval from the Reserve Bank of India under the _______?
    A) Companies Act 2013
    B) Payment and Settlement Systems Act, 2007
    C) Banking Regulation Act, 1949
    D) Reserve Bank of India Act, 1934
    View Answer
    Option B
    Explanation:
    Banks which are desirous of operating as BBPOUs would need to obtain one-time approval from the Reserve Bank of India under the Payment and Settlement Systems Act, 2007.

  8. India’s Artificial Intelligence supercomputer Param Siddhi is placed on which rank among top 500 most powerful non-distributed computer systems in the world?
    A) 57th
    B) 63rd
    C) 78th
    D) 75th
    View Answer
    Option B
    Explanation:
    India’s Artificial Intelligence supercomputer Param Siddhi has achieved 63rd rank among top 500 most powerful non-distributed computer systems in the world.
    Param Siddhi, the high-performance computing-artificial intelligence (HPC-AI) supercomputer established under National Supercomputing Mission (NSM) at C-DAC.

  9. In which state will the world’s biggest Zinc Smelter project be set up?
    A) Bihar
    B) Gujarat
    C) Madhya Pradesh
    D) Jharkhand
    View Answer
    Option B
    Explanation:
    Gujarat government has announced the setting up of the world’s biggest Zinc Smelter project in Dosawada in Tapi district.
    The project with the investment of Rs.10 thousand crore will also have a State-of-the-art Research and Development Centre.

  10. Ujjain city is situated on the bank of which river?
    A) Narmada
    B) Yamuna
    C) Shipra
    D) Ganga
    View Answer
    Option C

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