GA Revision for Banking and Other Exams – 1010

1. Which country hosted the two-day prestigious Central-Asia Conference?
   A) Belarus
   B) Australia
   C) Cambodia
   D) Uzbekistan
   
   
   

   
   Option D
   Explanation: The Central-South Asia nation, Uzbekistan is in the saddle to host the two-day prestigious Central-Asia Conference in the capital city of Taskent. The top-level event is held to discuss the ‘challenges and opportunities in Uzbekistan.

   
   
2. The Union government is going to set up over how many virology research and diagnostic laboratories under a central scheme during the period of 15th Finance Commission?
   A) 45
   B) 42
   C) 43
   D) 48
   
   
   

   
   Option B
   Explanation: The Union government will set up over 42 virology research and diagnostic laboratories under a central scheme during the period of 15th Finance Commission (2021-22 to 2025-26) at a cost of Rs324 crore.

   
   
3. Which platform is used to facilitate the financing of bills of MSME drawn on corporate buyers?
   A) SARAL
   B) VFX
   C) TReDS
   D) WMA
   
   
   

   
   Option C
   Explanation: Trade Receivables Discounting System

   
   
4. According to this year’s Mercer Cost of Living Survey,which city has become the world’s most expensive city for foreign workers?
   A) Ashgabat
   B) Jerusalem
   C) Dubai
   D) Mumbai
   
   
   

   
   Option A
   Explanation: Turkmenistan’s capital city Ashgabat has become the world’s most expensive city for foreign workers, according to this year’s Mercer Cost of Living Survey. Hong Kong was on the second position, followed by Beirut in Lebanon and Tokyo in Japan.

   
   
5. Geojit Financial Services has entered into an agreement with which bank to provide a three-in-one account to the latter’s customers?
   A) SBI
   B) PNB
   C) IDBI
   D) BOB
   
   
   

   
   Option B
   Explanation: Geojit Financial Services has entered into an agreement with Punjab National Bank to provide a three-in-one account to the latter’s customers.

   
   
6. Rihand dam situated in which of the following Indian state?
   A) Uttar Pradesh
   B) Uttarakhand
   C) Telangana
   D) Maharashtra
   
   
   

   
   Option A
   

   
   
7. In July 2021, the Government announced fund of how much amount under Atmanirbhar Bharat package as a relief for several sectors?
   A) 24.09 lakh crore
   B) 23.36 lakh crore
   C) 27.45 lakh crore
   D) 29.87 lakh crore
   
   
   

   
   Option D
   Explanation: The Government has announced fund of 29.87 lakh crore rupees under Atmanirbhar Bharat package as a relief for several sectors.

   
   
8. In June 2021, which country with USA Launched joint naval exercises “Sea Breeze Drills”
   A) Japan
   B) Iran
   C) Ukraine
   D) Israel
   
   
   

   
   Option C
   Explanation: Ukraine and the United States launched joint naval exercises “Sea Breeze Drills” in the Black Sea in a show of Western cooperation with Kiev as it faces off with Russia.

   
   
9. Reserve Bank of India (RBI) has granted authorisation to which company to operate as a prepaid payment instruments (PPI) company?
   A) Deloitte
   B) Mphasis
   C) Frankfurt Technology
   D) Eroute Technologies
   
   
   

   
   Option D
   Explanation: The Reserve Bank of India (RBI) has granted authorisation to Eroute Technologies to operate as a prepaid payment instruments (PPI) company. The RBI issued authorisation to Eroute Technologies Pvt Ltd with perpetual validity to commence issuance and operations of semi-closed pre-paid instruments in the country.

   
   
10. In which district did Assam Chief Minister Himanta Biswa Sarma lay the foundation stone of a Bamboo Industrial Park?
    A) Golaghat
    B) Dima Hasao
    C) Dispur
    D) Jorhat
    
    
    

    
    Option B
    Explanation: Assam Chief Minister Himanta Biswa Sarma laid the foundation stone of a Bamboo Industrial Park at Manderdisa in Dima Hasao district. The project will be implemented with Rs. 50 crores from DoNER Ministry.

    
    
11. In partnership with which bank, AMNS India executed paperless bill discounting transaction?
    A) HDFC Bank
    B) Kotak Mahindra Bank
    C) RBL Bank
    D) ICICI Bank
    
    
    

    
    Option D
    Explanation: Gujarat-based ArcelorMittal Nippon Steel (AMNS) India said it has executed India’s very first “paperless bill discounting transaction” in partnership with ICICI Bank.

    
    
12. Government Departments have to make _______ of their procurement from MSEs?
    A) 25%
    B) 15%
    C) 20%
    D) 10%
    
    
    

    
    Option A
    Explanation: The annual procurement target for government buyers from MSEs is 25 percent of their total purchase. The targetted procurement included a 4 per cent target from MSEs owned by SC/ST entrepreneurs and a 3 per cent target from women-owned MSEs.

    
    
13. Recently which company has launched an all-electric motorcycle brand “LiveWire”?
    A) Honda
    B) Harley Davidson
    C) Kawasaki
    D) Suzuki
    
    
    

    
    Option B
    Explanation: Harley-Davidson Inc. has launched an all-electric motorcycle brand “LiveWire,” the latest effort by the company to ramp up bets on the rapidly growing electric vehicle market. The company would create a separate electric vehicle-focused division, as it aims to attract the next generation of younger and more environmentally conscious riders.

    
    
14. The Indian folk dance Karakattam has been originated from which state?
    A) Odisha
    B) Kerala
    C) Andhra Pradesh
    D) Tamil Nadu
    
    
    

    
    Option D
    

    
    
15. Which state has prepared Ayush-based economic upgradation scheme called Devaranya Yojana?
    A) Haryana
    B) Arunachal Pradesh
    C) Madhya Pradesh
    D) West Bengal
    
    
    

    
    Option C
    Explanation: In Madhya Pradesh, the State Government has prepared the Ayush-based economic upgradation scheme – Devaranya Yojana with the twin objectives of improving people’s health and livelihood of tribals.