GA Revision for Banking and Other Exams – 1052

  1. In August 2021, the Department of Expenditure released what amount to four States for providing grants to the Urban Local Bodies, ULBs?
    A) Rs 640 cr
    B) Rs 912 cr
    C) Rs 726 cr
    D) Rs 685 cr
    View Answer
    Option D
    Explanation:
    The Department of Expenditure, Ministry of Finance has released an amount of over 685 crore to four States for providing grants to the Urban Local Bodies, ULBs. Out of this, 494 crore rupees has been released to Uttar Pradesh, over 110 crore rupees to Gujarat, over 74 crore rupees to Jharkhand and over 6 crore rupees to Mizoram.
  2. Morgan Stanley maintained its estimate of India GDP growth at how much percent for FY22?
    A) 10.5%
    B) 8.8%
    C) 11.2%
    D) 9.9%
    View Answer
    Option A
    Explanation:
    Morgan Stanley maintained its estimate of India GDP growth at 10.5 per cent for FY2022versus the general consensus of 9.2 per cent.
  3. International Bank Account Number (IBAN) can have maximum of how many digits?
    A) 26
    B) 30
    C) 32
    D) 34
    View Answer
    Option D
    Explanation:
    An International Bank Account Number (IBAN) is a code used in international money transfers. IBAN number consists of details like country code, bank code and account number and comprises a maximum of 34 characters. IBAN identifies the individual bank account to which the transfer is to be made.
  4. Which insurance company has entered into a bancassurance partnershipwith Shivalik Small Finance Bank for the distribution of its life insurance products through the bank’s pan-India network of branches?
    A) IDBI Federal
    B) Bharti AXA
    C) NIACL
    D) NICL
    View Answer
    Option B
    Explanation:
    Private life insurer Bharti AXA Life Insurance has entered into a bancassurance partnershipwith Shivalik Small Finance Bank for the distribution of its life insurance products through the bank’s pan-India network of branches.
  5. Where is the HQ of Suryoday Small Finance Bank situated?
    A) Chandigarh
    B) Delhi
    C) Pune
    D) Mumbai
    View Answer
    Option D
    Explanation:
    Tagline – “A Bank of Smiles”.
  6. What is the currency of Argentina?
    A) Peso
    B) Dollar
    C) Kwanza
    D) Dinar
    View Answer
    Option A
    Explanation:
    Capital – Buenos Aires, President – Alberto Fernández
  7. Which company partnered with Indian Mortgage Guarantee Corporation for mortgage guarantee-backed home loans?
    A) ICICI Housing
    B) Clix Housing Finance
    C) HDFC General Insurance
    D) National Housing Bank
    View Answer
    Option B
    Explanation:
    India Mortgage Guarantee Corporation (IMGC), India’s leading mortgage guarantee company, has announced its partnership with Clix Housing Finance Limited (Clix HFL) to offer innovative Mortgage Guarantee backed home loan products for salaried and non-salaried customers in the affordable housing segment.
  8. Which company has signed agreement with India Post Payments Bank for cash management solution?
    A) India Bulls Housing Finance
    B) NABARD
    C) Mahindra Rural Housing Finance
    D) SBI
    View Answer
    Option C
    Explanation:
    Mahindra Rural Housing Finance and India Post Payments Bank announced a strategic partnership for cash management solution.
  9. In October 2021, which Indian coast guard ship was dedicated to the nation?
    A) Agni
    B) Shaurya
    C) Arjun
    D) Sarthak
    View Answer
    Option D
    Explanation:
    In a boost to the maritime safety and security of the nation, the Indian Coast Guard (ICG) got a new indigenous ship, named ‘Sarthak’. It was commissioned and dedicated to the nation in Goa by Director General of ICG K Natarajan.
  10. Which country to partner with Bitt Inc to launch ‘eNaira’ digital currency?
    A) Netherlands
    B) Nigeria
    C) Qatar
    D) Austria
    View Answer
    Option B
    Explanation:
    Nigeria will work with Bitt Inc as a technical partner in its bid to launch its own cryptocurrency, the “eNaira“, the Central Bank said. eNaira is expected to be unveiled before the end of 2021.
  11. Which company has launched the first Asia Pacific Public Sector Cyber Security Executive Council?
    A) Amazon
    B) Google
    C) Microsoft
    D) Syntel
    View Answer
    Option C
    Explanation:
    With the aim of building a strong communications channel for addressing cyber threats and sharing best practices across the participating countries, Microsoft has launched the first Asia Pacific Public Sector Cyber Security Executive Council.
  12. What is the range of newly tested surface to surface ballistic missile, Agni-5 by India?
    A) 5200 kms
    B) 5000 kms
    C) 5500 kms
    D) 6000 kms
    View Answer
    Option B
    Explanation:
    Surface to surface ballistic missile, Agni-5 was successfully launched from APJ Abdul Kalam Island in Odisha.
  13. Banks Board Bureau (BBB) has how many members?
    A) 5
    B) 7
    C) 9
    D) 11
    View Answer
    Option B
    Explanation:
    Banks Board Bureau is an autonomous body of the Government of India tasked to Search and Select apposite personages for Board of Public Sector Banks, Public Sector Financial Institutions and Public Sector Insurance Companies and recommend measures to improve Corporate Governance in these Institutions.
  14. Which country hosted the 8th Meeting of Agriculture Experts of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Countries virtually?
    A) Indonesia
    B) SriLanka
    C) Pakistan
    D) India
    View Answer
    Option D
    Explanation:
    India hosted the 8th Meeting of Agriculture Experts of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Countries virtually. Dr Trilochan Mohapatra, Director General of Indian Council of Agricultural Research chaired the daylong meeting.
  15. Where is “Kumbakonam Temples” located?
    A) Odisha
    B) Rajasthan
    C) Tamil Nadu
    D) Kerala
    View Answer
    Option C

 

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