GA Revision for All Banking And Other Exams – 960

  1. Which state/UT in February 2021 rolled out e-Kuber payments system of Reserve Bank of India (RBI) for the purpose of government payments?
    A) Delhi
    B) Himachal Pradesh
    C) Jammu and Kashmir
    D) Punjab
    View Answer
    Option C
    Explanation:
    Jammu and Kashmir formally rolled out e-Kuber payments system of Reserve Bank of India (RBI). The new payments system of RBI would replace the existing system for the purpose of government payments.

  2. Immediate Payment Service (IMPS) is provided by NPCI through its existing ____ switch.
    A) Hitachi
    B) ISO
    C) NFS
    D) RBI
    View Answer
    Option C
    Explanation:
    National Financial Switch (NFS).

  3. Which state government announced to dedicate the Navratra festival in October 2020 to women’s safety, dignity and empowerment by launching “Mission Shakti”?
    A) Rajasthan
    B) Uttar Pradesh
    C) Haryana
    D) Bihar
    View Answer
    Option B
    Explanation:
    The Uttar Pradesh government will dedicate the coming Navratra festival to women’s safety, dignity and empowerment by launching “Mission Shakti”.

  4. Which bank has signed a $304 million loan agreement to improve reliability, capacity and security of the power transmission network in the State of Assam?
    A) Asian Development Bank
    B) International Monetary Fund
    C) Asian Infrastructure Investment Bank
    D) World Bank
    View Answer
    Option C
    Explanation:
    Union Government and the Asian Infrastructure Investment Bank (AIIB) signed a loan agreement for a 304 million dollar Assam Intra-State Transmission System Enhancement Project to improve reliability, capacity and security of the power transmission network in the State of Assam.

  5. According to Oxfam’s Commitment to Reducing Inequality Index (CRII) report, what is the rank of India in protecting labour rights?
    A) 151
    B) 129
    C) 134
    D) 154
    View Answer
    Option A
    Explanation:
    India has fared poorly in protecting labour rights and has slipped to rank 151 among 158 countries, according to Oxfam’s Commitment to Reducing Inequality Index (CRII) report.
    Overall, India ranked 129 in the CRI index out of 158 countries on government policies, and actions in areas of public services of education, health, social protection, taxation, and workers’ rights. Norway topped the CRI index.

  6. In which state is the global IT leader TCS will invest an estimated ₹̥1,200-₹1,500 crore to expand its operations?
    A) Andhra Pradesh
    B) Kerala
    C) Madhya Pradesh
    D) Telangana
    View Answer
    Option B
    Explanation:
    Global IT leader TCS will invest an estimated ₹̥1,200-₹1,500 crore to expand operations in Kerala and has signed a Memorandum of Understanding with Technopark for leasing 97 acres of land at its Technocity campus to set up a digital hub for engineering, product development .

  7. According to a study published in the medical journal Lancet, India is likely to overtake which country as the third largest economy in the world by 2050 and continue in that position till 2100?
    A) Russia
    B) Italy
    C) Japan
    D) Nigeria
    View Answer
    Option C

  8. JLF is a dedicated grouping of lender banks that is formed to speed up decisions in case of Non-Performing Assets (NPAs). F in JLF stands for?
    A) Finance
    B) Fund
    C) Function
    D) Forum
    View Answer
    Option D
    Explanation:
    The Joint Lender’s Forum is a dedicated grouping of lender banks that is formed to speed up decisions when an asset (loan) of more Rs 100 crore or more turns out to be a stressed asset.

  9. Which country’s women’s contingent finished at top in 30th Adriatic Pearl tournament held in Budva, Montenegro?
    A) Morocco
    B) India
    C) Greece
    D) Russia
    View Answer
    Option B
    Explanation:
    In Boxing, Arundhati Choudhary in 69 kilogram category and Naorem Babyrojisana Chanu 51 kilogram category won gold medals as India’s women contingent ended the 30th Adriatic Pearl tournament in Budva, Montenegro, with five gold, three silver and two bronze medals in addition to three male boxers winning bronze.
    India’s women’s contingent thus finished top of the podium at the tournament and took home the trophy.

  10. Where is the HQ of Citibank situated?
    A) USA
    B) Germany
    C) Denmark
    D) Netherlands
    View Answer
    Option A
    Explanation:
    New York, USA

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