GA Revision for All Banking And Other Exams – 972

1. In association with which bank has Ewire Softtech, under Kerala Startup Mission, launched a prepaid card?
   A) HDFC Bank
   B) Yes Bank
   C) Axis Bank
   D) Kotak Mahindra Bank
   
   
   

   
   Option B
   Explanation: Ewire Softtech, under Kerala Startup Mission, has launched a prepaid card in association with YES Bank, enabling the next-generation payment platform provider chart an all-India presence.

   
   
2. When is World Cotton Day celebrated?
   A) October 8
   B) October 7
   C) October 6
   D) October 9
   
   
   

   
   Option B
   Explanation: The World Cotton day is celebrated on 7 October as a global celebration of cotton and its stakeholders, from field to fabric and beyond.

   
   
3. In partnership with whom did the Fintech Convergence Council (FCC) hosted world’s largest virtual fintech event?
   A) National Payments Corporation of India (NPCI)
   B) NITI Aayog
   C) Competition Commission of India
   D) Food Safety and Standards Authority of India
   
   
   

   
   Option A
   Explanation: To bring together fintech and BFSI ecosystems across the globe, the Fintech Convergence Council (FCC), the flagship fintech committee of Internet & Mobile Association of India (IAMAI) along with National Payments Corporation of India (NPCI) and the Payments Council of India (PCI) host the Global Fintech Fest (GFF), an international virtual event.

   
   
4. _____ is the process of stopping the flow of the physical cheque issued by a drawer at some point by the presenting bank.
   A) Teleporting
   B) Teleporting
   C) Elimination
   D) Truncation
   
   
   

   
   Option D
   Explanation: Truncation is the process of stopping the flow of the physical cheque issued by a drawer at some point by the presenting bank en-route to the paying bank branch. In its place an electronic image of the cheque is transmitted to the paying branch through the clearing house.

   
   
5. Where is the HQ of Canara Bank situated?
   A) Mumbai
   B) Chennai
   C) Hyderabad
   D) Bengaluru
   
   
   

   
   Option D
   Explanation: CEO - Lingam Venkat Prabhakar, Tagline - Together We Can

   
   
6. Which insurer has launched a first of its kind, Open API (Application Programming Interface) Gateway, to facilitate complete digital collaboration with its business partners?
   A) Royal Sundaram General Insurance
   B) The Oriental Insurance Company
   C) IFFCO Tokio General Insurance
   D) Edelweiss General Insurance
   
   
   

   
   Option D
   Explanation: Edelweiss General Insurance (EGI), India’s first cloud-native insurer, has launched a first of its kind, Open API (Application Programming Interface) Gateway, to facilitate complete digital collaboration with its business partners.

   
   
7. Book titled “A crisis within knowledge and education in India” written by____?
   A) Surya Prakash
   B) Ramesh Nishank
   C) Ganesh Devy
   D) Jairam Ramesh
   
   
   

   
   Option C
   

   
   
8. Hq of Badminton World Federation situated at?
   A) Kathmandu
   B) Vienna
   C) Kuala Lumpur
   D) London
   
   
   

   
   Option C
   

   
   
9. Muthoot Finance in partnership with which company launched a gold jewellery insurance scheme called ‘Gold Shield’?
   A) Kotak Mahindra Life Insurance
   B) Bajaj Allianz General Insurance
   C) IDBI Federal Life Insurance
   D) IndiaFirst Life Insurance
   
   
   

   
   Option B
   Explanation: One of the largest gold loan NBFC company, Muthoot Finance has launched a gold jewellery insurance scheme called ‘Gold Shield’ in partnership with Bajaj Allianz General Insurance.

   
   
10. Which state govt. has signed an MoU with milk cooperative giant AMUL to empower Women Self-help Groups (SHGs)?
    A) Gujarat
    B) Andhra Pradesh
    C) Maharashtra
    D) Jammu and Kashmir
    
    
    

    
    Option B
    Explanation: Andhra Pradesh Government has signed an MoU with the milk cooperative giant AMUL (Anand Milk Union Limited) to provide fillip to the empowerment of women self-help groups and by encouraging the milk cooperatives in government sector.