GA Revision for All Banking And Other Exams – 982

1. According to Niti Aayog Vice Chairman Rajiv Kumar, India needs to grow at what per cent in real terms in the next fiscal?
   A) 11.5% – 13%
   B) 11.5% – 12%
   C) 10.5% – 11%
   D) 10.5% – 12%
   
   
   

   
   Option D
   Explanation: India needs to grow at 10.5-11 per cent in real terms in the next fiscal and sustain that to overcome massive ill-effects of the COVID-19 pandemic, Niti Aayog Vice Chairman Rajiv Kumar said.

   
   
2. What is the original economic system in which traditions, customs, and beliefs help shape the goods and the services the economy produces, as well as the rules and manner of their distribution called?
   A) Constitutional Economy
   B) Traditional Economy
   C) Socialist Economy
   D) Monetary Economy
   
   
   

   
   Option B
   Explanation: Traditional economy is an original economic system in which traditions, customs, and beliefs help shape the goods and the services the economy produces, as well as the rules and manner of their distribution. Countries that use this type of economic system are often rural and farm-based.

   
   
3. Who has been given the additional charge of the Ministry of AYUSH in January 2021?
   A) Nitin Gadkari
   B) Prakash Javadekar
   C) Harsh Vardhan
   D) Kiren Rijiju
   
   
   

   
   Option D
   Explanation: Youth Affairs and Sports Minister Kiren Rijiju has been temporarily assigned the charge of the Ministry of AYUSH, according to a Rashtrapati Bhavan communique issued. The move was necessitated as Shripad Yesso Naik, the Minister of State (Independent Charge) for the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homeopathy (AYUSH) was undergoing treatment.

   
   
4. The Asian Development Bank (ADB) raised how much amount from its first panda bond issue in more than a decade, representing its largest-ever borrowing in an Asian local currency?
   A) $ 391 million
   B) $ 325 million
   C) $ 307 million
   D) $ 387 million
   
   
   

   
   Option C
   Explanation: The Asian Development Bank (ADB) has raised 307 million dollars from its first panda bond issue in more than a decade, representing its largest-ever borrowing in an Asian local currency.

   
   
5. Who has been honoured with the “Sahitya Gaurav Samman” by the Hindi Writers Guild, Canada for his literary work?
   A) Ramesh Pokhriyal ‘Nishank’
   B) Piyush Goyal
   C) Prakash Javadekar
   D) Harsh Vardhan
   
   
   

   
   Option A
   Explanation: Union education minister Ramesh Pokhriyal ‘Nishank’ was honoured “Sahitya Gaurav Samman” by the Hindi Writers Guild, Canada for his literary work.

   
   
6. International Air Transport Association (IATA) has appointed which bank as one of its IATA EasyPay service providers in India enabling greater payment flexibility to travel agents?
   A) Deutsche Bank
   B) Standard Chartered Bank
   C) HSBC Bank
   D) Citibank
   
   
   

   
   Option B
   Explanation: International Air Transport Association (IATA) has appointed Standard Chartered Bank as one of its IATA EasyPay service providers in India enabling greater payment flexibility to travel agents.

   
   
7. The book ‘Abdul Kalam-Ninaivugalukku Maranamillai’ has been penned by A P J M Nazema Maraikayar along with whom?
   A) N C Chabbra
   B) B K Rewri
   C) S L Sardana
   D) Y S Rajan
   
   
   

   
   Option C
   Explanation: The Vice President, Shri M. Venkaiah Naidu releasing the book, “Abdul Kalam- Ninaivugalukku Maranamillai” in Chennai. The book ‘Abdul Kalam-Ninaivugalukku Maranamillai’ (immortal memories) has been penned by A P J M Nazema Maraikayar, the niece of the late President and by noted space scientist Y S Rajan.

   
   
8. In financial terms, what does L in LTV stands for?
   A) Loan
   B) Listed
   C) Lien
   D) Lend
   
   
   

   
   Option A
   Explanation: The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. The term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property.

   
   
9. Who is the author of the book titled “The Population Myth: Islam, Family Planning and Politics in India”?
   A) Sukumar Sen
   B) Manmohan Singh
   C) Shashi Tharoor
   D) S Y Quraishi
   
   
   

   
   Option D
   Explanation: Former chief election commissioner (CEC) S Y Quraishi has come out with his book titled “The Population Myth: Islam, Family Planning and Politics in India”. It has been published by HarperCollins India.

   
   
10. Where is the HQ of Muthoot Finance situated?
    A) Chennai
    B) Pune
    C) Kochi
    D) Hyderabad
    
    
    

    
    Option C
    Explanation: Founded - 1939, Kerala,