GA Revision for All Banking And Other Exams – 971

1. Which country has been declared ‘reciprocating territory’ by India under section 44A of CPC, 1908?
   A) Thailand
   B) Afghanistan
   C) UAE
   D) Finland
   
   
   

   
   Option C
   Explanation: The Ministry of Law and Justice, Government of declared United Arab Emirates (“UAE”) a “reciprocating territory” for the purposes of enforcing foreign civil decrees in India. The declaration has been made by the Indian government in exercise of powers under Explanation 1 appended to Section 44A, Code of Civil Procedure, 1908 (“CPC”).

   
   
2. Where is the HQ of Greenpeace?
   A) London
   B) Paris
   C) Hague
   D) Amsterdam
   
   
   

   
   Option D
   Explanation: Amsterdam, Netherlands, Founded -1971

   
   
3. EPS is the portion of a company’s profit allocated to each outstanding share of common stock. What does E stands for in EPS?
   A) Encryption
   B) Earning
   C) Equity
   D) Estimate
   
   
   

   
   Option B
   Explanation: Earning per Share

   
   
4. The annual meet of World Economic Forum (WEF) held in which country?
   A) Switzerland
   B) Australia
   C) India
   D) USA
   
   
   

   
   Option A
   Explanation: The annual meet of World Economic Forum (WEF) held in Davos, Switzerland. World leaders from across the globe will flock to the ski resort town on the Swiss Alps for five days to discuss what’s ailing the world amid fears of the global economy sleepwalking into a crisis.

   
   
5. Which of the following has signed a Statement of Intent with Greenstat Hydrogen India Pvt. Ltd., a subsidiary of Greenstat Norway, to set up a Centre of Excellence on Hydrogen?
   A) Bharat Heavy Electricals Limited
   B) Bharat Petroleum
   C) Indian Oil Corporation Limited
   D) Oil and Natural Gas Corporation
   
   
   

   
   Option C
   Explanation: Indian Oil Corporation Limited (IOCL) has signed a Statement of Intent with Greenstat Hydrogen India Pvt. Ltd., a subsidiary of Greenstat Norway, to set up a Centre of Excellence on Hydrogen.

   
   
6. Which country has been elected to chair the Group of 77 next year?
   A) Guyana
   B) India
   C) Palestine
   D) Uganda
   
   
   

   
   Option A
   Explanation: IN a historic move, Guyana has been elected to chair the Group of 77 next year from Palestine. India a member of the G77, congratulated Guyana on taking over the chairmanship of the Group of 77 for 2020, the year which commemorates the 75th anniversary.

   
   
7. In February 2021, the Reserve Bank of India (RBI) has brought which bank under its regulatory purview?
   A) Central Bank of India
   B) State Bank of Sikkim
   C) IDBI Bank
   D) State Bank of Hyderabad
   
   
   

   
   Option B
   Explanation: The Reserve Bank of India (RBI) has brought State Bank of Sikkim under its regulatory purview.

   
   
8. Where is the HQ of Telecom Regulatory Authority of India situated?
   A) Chennai
   B) Kolkata
   C) Nashik
   D) New Delhi
   
   
   

   
   Option D
   

   
   
9. What is the study of how households and firms make decisions and how they interact in markets called?
   A) Macroeconomics
   B) Welfare Economics
   C) Microeconomics
   D) Market Economy
   
   
   

   
   Option C
   Explanation: Microeconomics is the study of the individual pieces that together make an economy; is the science of how people make decisions at the small scale. Microeconomics considers issues such as how households reach decisions about consumption and saving, how firms set a price for their output, whether privatisation improves efficiency, whether a particular market has enough competition in it and how the market for labour works.

   
   
10. Which bank launched cardless cash withdrawal facility from its ATMs with a per day transaction limit of Rs 20,000?
    A) HDFC Bank
    B) Yes Bank
    C) ICICI Bank
    D) IDBI Bank
    
    
    

    
    Option C
    Explanation: ICICI bank launched cardless cash withdrawal facility from its ATMs with a per day transaction limit of Rs 20,000. This service enables customers to withdraw cash from over 15,000 ATMs of the bank by simply raising a request on iMobile, its mobile banking application.