GA Revision for Banking and Other Exams – 1024

1. According to the data released by the RBI, India reported a current account surplus of what per cent of GDP in the pandemic-hit FY21?
   A) 0.5%
   B) 0.9%
   C) 0.8%
   D) 0.6%
   
   
   

   
   Option B
   Explanation: India reported a current account surplus of 0.9 per cent of GDP in the pandemic-hit FY21, as against a deficit of 0.9 per cent in FY20, data released by the RBI showed.

   
   
2. Union Law Minister Kiren Rijiju inaugurated the country’s first “Sports Arbitration Centre of India” in which state?
   A) Gujarat
   B) Uttarakhand
   C) Haryana
   D) Bihar
   
   
   

   
   Option A
   Explanation: Union Law Minister Kiren Rijiju inaugurated the country’s first “Sports Arbitration Centre of India” in Gujarat which will serve as an independent body to fast track disputes in the sports sector.

   
   
3. Which state became the first state to recognise Community Forest Resource Rights in an urban area?
   A) Chhattisgarh
   B) Madhya Pradesh
   C) Assam
   D) Bihar
   
   
   

   
   Option C
   Explanation: Chhattisgarh became the first state to recognise Community Forest Resource Rights in an urban area, with the state government recognising rights of residents of Dhamtari district over 4,127 hectares of forests.

   
   
4. Birsa Munda Airport is located in which city?
   A) Mopa
   B) Chandigarh
   C) Ranchi
   D) Patna
   
   
   

   
   Option C
   Explanation: Birsa Munda Airport, also known as Ranchi Airport, is the primary airport serving the city of Ranchi, the capital city of the Indian state of Jharkhand. It is named after Indian tribal freedom fighter Birsa Munda and is currently managed by Airports Authority of India.

   
   
5. Who has replaced Daniel Smith as the interim envoy to India, appointed by the US?
   A) Suresh Gulati
   B) Manjeet Rana
   C) Prashant Tiwari
   D) Atul Keshap
   
   
   

   
   Option D
   Explanation: The US has appointed Indian-American career diplomat Atul Keshap, an old India-hand at the state department, as the country’s Charge’d Affairs in Delhi.He will replace Daniel Smith.

   
   
6. Tamil Nadu Government signed a Memorandum of Understanding with which country to procure 2,500 buses for public transport?
   A) Germany
   B) Poland
   C) Canada
   D) Australia
   
   
   

   
   Option A
   Explanation: The Tamil Nadu Government is in consultation with Germany to sign a Memorandum of Understanding to procure 2,500 buses for public transport.

   
   
7. which organisation has launched a mobile phone application (app) which will help identify stolen cultural property, reduce smuggling and increase the possibility of recovering stolen works and artefacts?
   A) Interpol
   B) RAW
   C) ISI
   D) FBI
   
   
   

   
   Option A
   Explanation: The Interpol has launched a mobile phone application (app) which will help identify stolen cultural property, reduce smuggling and increase the possibility of recovering stolen works and artefacts.

   
   
8. Which e-commerce firm has launched Shopsy, an app that will enable Indians to start their online businesses without any investment.
   A) Nykaa
   B) Flipkart
   C) Amazon
   D) Myntra
   
   
   

   
   Option B
   Explanation: Walmart-owned e-commerce firm Flipkart has launched Shopsy, an app that will enable Indians to start their online businesses without any investment.

   
   
9. _______ is money, technical, or managerial expertise provided by investors to startup firms with long-term growth potential.
   A) Managerial Capital
   B) Credit Capital
   C) Angel Capital
   D) Venture Capital
   
   
   

   
   Option D
   

   
   
10. What is the currency of Turkmenistan?
    A) Manat
    B) Kyat
    C) Dirham
    D) Riyal
    
    
    

    
    Option A
    Explanation: Capital - Ashgabat, President - Gurbanguly Berdimuhamedow

    
    
11. Where did the Indian Air Force (IAF) build one of the world’s highest mobile air traffic control (ATC) towers?
    A) Arunachal Pradesh
    B) Uttarakhand
    C) Sikkim
    D) Ladakh
    
    
    

    
    Option D
    Explanation: In a major breakthrough, the Indian Air Force (IAF) has built one of the world’s highest mobile air traffic control (ATC) towers at the Advanced Landing Ground in Ladakh’s Nyoma area.

    
    
12. Documentary, “Decoding Shankar” about the life and career of the celebrated musician Shankar Mahadevan, which won the Best Film Award in the Documentary section (Best Biographical) at the Toronto International Women Film Festival, 2021, has been touted by whom?
    A) Charu Nanda
    B) Bandita Roy
    C) Deepti Pillay
    D) Preeti Sharma
    
    
    

    
    Option C
    Explanation: Freelance filmmaker Deepti Pillay Sivan’s most touted documentary, “Decoding Shankar” about the life and career of the celebrated musician Shankar Mahadevan, recently won the Best Film Award in the Documentary section (Best Biographical) at the Toronto International Women Film Festival, 2021.

    
    
13. Amarkantak Thermal Power Station is situated in ____?
    A) Madhya Pradesh
    B) Uttarakhand
    C) Rajasthan
    D) Himachal Pradesh
    
    
    

    
    Option A
    Explanation: Amarkantak Thermal Power Plant is situated at Anuppur district of Madhya Pradesh, India. The power plant is one of the coal based power plants of MPPGCL.

    
    
14. Who is the author of book Anomalies in Law and Justice”?
    A) Dinesh Khairat
    B) YC Modi
    C) NV Ramana
    D) RV Raveendran
    
    
    

    
    Option D
    Explanation: Chief Justice of India N V Ramana released a book “Anomalies in Law and Justice” by former Supreme Court Judge Justice (retd) R V Raveendran, explaining in simple terms various deficiencies in the law which needs to be overcome.

    
    
15. In AEPS which of the following input determines the bank of the customer?
    A) PIN
    B) IIN
    C) IFSC
    D) SWIFT
    
    
    

    
    Option B
    Explanation: Institution Identification Number