GA Revision for Banking and Other Exams – 1030

1. Which country has been elected as the external auditor to the International Atomic Energy Agency?
   A) India
   B) Denmark
   C) Austria
   D) France
   
   
   

   
   Option A
   Explanation: India has been elected as the external auditor to the International Atomic Energy Agency (IAEA), a prestigious institution that promotes peaceful use of nuclear energy, for a period of six years from 2022 to 2027 after beating Germany and the United Kingdom among other counties.

   
   
2. The International Day of Parliamentarism is observed on ____?
   A) 13 June
   B) 21 June
   C) 30th June
   D) 7th June
   
   
   

   
   Option C
   Explanation:

   
   
3. Which of the following created a new advisory group – International Scientific Advisory Group for Origins of Novel Pathogens, or SAGO, – that will develop a global framework to study pathogens with pandemic potential?
   A) World Food Programme
   B) International Bank for Reconstruction and Development
   C) United Nations Educational, Scientific and Cultural Organization
   D) World Health Organization
   
   
   

   
   Option D
   Explanation: The World Health Organization (WHO) has said that the next step in the search of the origins of Covid-19 will be the creation of a new advisory group that will develop a global framework to study pathogens with pandemic potential. The International Scientific Advisory Group for Origins of Novel Pathogens, or SAGO, is a new advisory group for WHO, which will be responsible for advising WHO on the development of a global framework.

   
   
4. How many MoU were signed between India and USA for cooperation in Health and Biomedical Sciences?
   A) 2
   B) 4
   C) 5
   D) 8
   
   
   

   
   Option A
   Explanation: Health and Family Welfare Minister Mansukh Mandaviya addressed the closing session of the 4th Indo-US Health Dialogue being hosted by India.

   
   
5. Gita Gopinath related with which of the following and NASA Scientist Kamlesh Lulla are among the 34 immigrants honoured by an American foundation ahead of the “who have enriched and strengthened” the US society and democracy through their contributions and actions?
   A) White House
   B) NASA
   C) World Bank
   D) International Monetary Fund
   
   
   

   
   Option D
   Explanation: International Monetary Fund Chief Economist Gita Gopinath and NASA Scientist Kamlesh Lulla are among the 34 immigrants honoured by a prestigious American foundation ahead of the US Independence Day(July 4) “who have enriched and strengthened” the US society and democracy through their contributions and actions.

   
   
6. Which ministry launched ‘Son Chiriya’ – a brand and logo – for marketing the products of Urban Self Help Groups (SHGs)?
   A) Ministry of Housing and Urban Affairs
   B) Ministry of Road Transport and Highways
   C) Ministry of Micro, Small and Medium Enterprises
   D) Ministry of Home Affairs
   
   
   

   
   Option A
   Explanation: The Ministry of Housing and Urban Affairs (MoHUA) launched ‘Son Chiriya’ – a brand and logo – for marketing the products of Urban Self Help Groups (SHGs).

   
   
7. The Supreme Courthas introduced a new system by which its crucial decisions, including orders on bail and stay of arrest, can be communicated electronically to prison authorities and investigating agencies through a secure channel.Name it?
   A) SUPREME
   B) FASTAG
   C) UDAY
   D) FASTER
   
   
   

   
   Option D
   Explanation: In a big fillip to the fundamental rights of life, dignity and personal liberty, the Supreme Courthas introduced a new system by which its crucial decisions, including orders on bail and stay of arrest, can be communicated electronically to prison authorities and investigating agencies through a secure channel.

   
   
8. Which university has signed an MoU with DRDO’s Defence Institute of Physiology and Allied Sciences (DIPAS) for cooperation in education and research?
   A) University of Hyderabad
   B) Jadavpur University
   C) Jawaharlal Nehru University
   D) Banaras Hindu University
   
   
   

   
   Option C
   Explanation: The Jawaharlal Nehru University (JNU) signed an MoU with DRDO’s Defence Institute of Physiology and Allied Sciences (DIPAS) for cooperation in education and research.

   
   
9. Where is LSE India Observatory situated?
   A) USA
   B) Russia
   C) Japan
   D) UK
   
   
   

   
   Option D
   Explanation: The India Observatory, set up in 2006, is a Centre to develop and enhance research and programmes related to India’s economy, politics and society. The IG Patel Chair and the India Observatory (IO) were established in 2006, in partnership with the Reserve Bank of India (RBI) and the State Bank of India (SBI), in honour of Dr IG Patel, a greatly distinguished Indian and internationally renowned economist and public servant. He had been Director of LSE (1984 – 1990) and Governor of the RBI (1977 – 1982). LSE – London School of Economics.

   
   
10. Which ministry launched an online portal Training for Augmenting Productivity and Services, or TAPAS, to offer massive open online courses (MOOC)?
    A) Ministry of Rural Development
    B) Ministry of Social Justice and Empowerment
    C) Ministry of Tribal Affairs
    D) Ministry of External Affairs
    
    
    

    
    Option B
    Explanation: The Ministry of Social Justice and Empowerment has launched an online portal Training for Augmenting Productivity and Services, or TAPAS, to offer massive open online courses (MOOC). TAPAS has been developed by the National Institute of Social Defence (NISD).

    
    
11. What is the capital of Honduras?
    A) San Jose
    B) Tegucigalpa
    C) Belmopan
    D) Bridgetown
    
    
    

    
    Option B
    Explanation: Currency – Honduran lempira, President – Juan Orlando Hernández

    
    
12. In September 2021, a task force has been set up to firm up sustainable finance roadmap. Who will head this committee?
    A) Rakesh Sharma
    B) Vikram Seth
    C) Vikram Singh
    D) Ajay Seth
    
    
    

    
    Option D
    Explanation: Amid the growing global focus on the economic impact of environmental, social and governance (ESG) issues, the government has set up a key task force under economic affairs secretary Ajay Seth to lay out a concrete road map to bolster India’s sustainable finance architecture.

    
    
13. According to the data released by the RBI, country’s foreign exchange reserves increased by how much amount during the financial year 2020-21?
    A) $ 99.2 billion
    B) $ 92.2 billion
    C) $ 85.2 billion
    D) $ 78.2 billion
    
    
    

    
    Option A
    Explanation: The country’s foreign exchange reserves in nominal terms, including the valuation effects, increased by $ 99.2 billion during the financial year 2020-21, compared to $ 64.9 billion in the preceding year, RBI data showed.

    
    
14. On India’s 75th Independence Day, Prime Minister Narendra Modi announced the launch of which mission?
    A) National Methane Mission
    B) National Carbon Mission
    C) National Oxygen Mission
    D) National Hydrogen Mission
    
    
    

    
    Option D
    Explanation: Prime Minister Narendra Modi announced the launch of the National Hydrogen Mission (NHM) on India’s 75th Independence Day, saying that the aim is to make the country a global hub for the production and export of green hydrogen.

    
    
15. What is the priority sector lending target for Regional Rural Banks?
    A) 40% of ANBC
    B) 75% of ANBC
    C) 33% of ANBC
    D) 8.5% of ANBC
    
    
    

    
    Option B
    Explanation: RRBs will have a target of 75 per cent of their outstanding advances for priority sector lending and sub-sector targets as indicated in table below. Categories Targets Total Priority Sector 75 per cent of total outstanding* Agriculture 18 per cent of total outstanding Small and Marginal Farmers 8 percent of total outstanding Micro Enterprises 7.5 per cent of total outstanding Weaker Sections 15 per cent of total outstanding