GA Revision for All Banking And Other Exams – 973

1. Which insurance company launched savings plan called Bima Jyoti?
   A) Life Insurance Corporation of India
   B) United India Insurance
   C) New India Assurance
   D) Max Life Insurance
   
   
   

   
   Option A
   Explanation: Amid the fall in interest rates offered by banks, the Life Insurance Corporation of India (LIC) has launched a non-linked, non-participating, individual savings plan called Bima Jyoti. The plan offers guaranteed addition at the rate of Rs 50 per 1,000 basic sum assured (or 5 per cent) at the end of each policy year. The minimum sum assured is Rs 1 lakh, with no upper limit.

   
   
2. Where is the HQ of Confederation of Indian Industry situated?
   A) Kanpur
   B) New Delhi
   C) Jaipur
   D) Mumbai
   
   
   

   
   Option B
   

   
   
3. Who was appointed as the managing director of the State Bank of India for a period of three years?
   A) Girish Singh Chaturvedi
   B) Rajnish Kumar
   C) MS Swami
   D) Challa Sreenivasulu Setty
   
   
   

   
   Option D
   Explanation: The government appointed Challa Sreenivasulu Setty as the managing director of the State Bank of India for a period of three years. Setty, currently serving as the deputy managing director of the SBI, in the key post.

   
   
4. In which state has the India’s first Digital University set up?
   A) Himachal Pradesh
   B) Uttarakhand
   C) Kerala
   D) Telangana
   
   
   

   
   Option C
   Explanation: Kerala took a major step forward in its progress towards a knowledge society with the inauguration of the country’s first Digital University, based in Technocity at Mangalapuram near.

   
   
5. India Oil signed with which country’s oil authority for providing its assistance and technical expertise?
   A) Ghana
   B) USA
   C) Zimbabwe
   D) Iraq
   
   
   

   
   Option A
   Explanation: A step that will further strengthen the relations between India and Ghana, Indian Oil has signed a MoU with the National Petroleum Authority (NPA) of Ghana for providing its assistance and technical expertise in the implementation of Ghana’s National LPG Promotion Policy.

   
   
6. Where did Defence Minister Rajnath Singh inaugurate Skill Development Centre (SDC) for Fire Safety Training at Defence Research and Development Organisation (DRDO)?
   A) Karnataka
   B) Madhya Pradesh
   C) Odisha
   D) Uttar Pradesh
   
   
   

   
   Option D
   Explanation: Defence Minister Rajnath Singh inaugurated Skill Development Centre (SDC) for Fire Safety Training at Defence Research and Development Organisation (DRDO) at Pilkhuwa in Uttar Pradesh through virtual mode.

   
   
7. Which body has launched a blockchain-based payments platform called Vajra?
   A) SIDBI
   B) NPCI
   C) RBI
   D) SEBI
   
   
   

   
   Option B
   Explanation: The National Payment Corporation of India has launched a blockchain-based payments platform called Vajra.It can be accessed by various payment companies for providing secured transactions on their online platforms or mobile applications.

   
   
8. In which of the districts of Assam, is the foundation of the first skill university of eastern India laid?
   A) Darrang
   B) Nalbari
   C) Dhubri
   D) Charaideo
   
   
   

   
   Option A
   Explanation: Assam Chief Minister Sarbananda Sonowal laid the foundation of the first skill university of eastern India in Darrang district, aimed at imparting training to over 10,000 students in 12 disciplines.

   
   
9. Where is the HQ of NSDL Payments Bank situated?
   A) Mumbai
   B) Hyderabad
   C) Bengaluru
   D) Pune
   
   
   

   
   Option A
   

   
   
10. Which of the following cannot be used for fund transfer through IMPS?
    A) Using Mobile number & MMID
    B) Using Aadhaar number
    C) Using Virtual Private Address
    D) Using Account number & IFS Code
    
    
    

    
    Option C
    Explanation: Facility of VPA is available in UPI.