GA Revision for Banking and Other Exams – 1029

1. Advertising Standards Council of India (ASCI) has signed an agreement with which of the following to safeguard consumers against misleading claims in food and beverage (F&B) advertisements?
   A) Food and Drug Administration
   B) Food Corporation of India
   C) Food Safety and Standards Authority of India
   D) Bureau of Indian Standards
   
   
   

   
   Option C
   Explanation: Ad regulator the Advertising Standards Council of India (ASCI) announced that it has signed an agreement with the Food Safety and Standards Authority of India (FSSAI) to safeguard consumers against misleading claims in food and beverage (F&B) advertisements.

   
   
2. Who became the first Indian to receive Rudolf V Schindler Award?
   A) Viren Sharma
   B) V Patil
   C) Niranjan Sahu
   D) D Nageshwar Reddy
   
   
   

   
   Option D
   Explanation: The American Society of Gastrointestinal Endoscopy (ASGE) has honoured Dr D Nageshwar Reddy, Chairman, AIG Hospitals, with the renowned Rudolf V Schindler Award. The award was presented at the ASGE’s annual Crystal Awards virtual ceremony.

   
   
3. World Radio Day is held annually on_____?
   A) 7 November
   B) 13 February
   C) 19 October
   D) 10 July
   
   
   

   
   Option B
   

   
   
4. Which of the following rolled out various developmental measures for MSMEs on World MSME Day on June 27, 2021?
   A) National Housing Bank
   B) National Bank for Agriculture and Rural Development
   C) IFCI Ltd
   D) Small Industries Development Bank of India
   
   
   

   
   Option D
   Explanation: Small Industries Development Bank of India (SIDBI) said it has rolled out various developmental measures for MSMEs on World MSME Day on June 27, 2021. Under its project SAHAS, SIDBI has soft-launched “Swavalamban Chair for MSME Solutions,” at Government Engineering College, Thrissur.

   
   
5. Kumar Mangalam Birla stepped down as non-executive director and non-executive chairman of which company?
   A) Vodafone Idea
   B) Paytm
   C) Jio
   D) Airtel
   
   
   

   
   Option A
   Explanation: Kumar Mangalam Birla has stepped down as non-executive director and non-executive chairman of Vodafone Idea, the company said.

   
   
6. Which Indian economist has been conferred with Spain’s top Princess of Asturias Award in the social sciences category?
   A) Abhijeet Banerjee
   B) Amartya Kumar Sen
   C) Bina Agarwal
   D) Shankar Acharya
   
   
   

   
   Option B
   Explanation: Indian economist and Nobel Laureate Amartya Kumar Sen has been conferred with Spain’s top Princess of Asturias Award in the social sciences category, the Spanish prize foundation announced.

   
   
7. Which US based bank has offered a unique U.S. bank account for Indian students gearing up for admissions in the U.S., that can be opened and operated from India?
   A) Aeldra Financial Inc.
   B) Blue Ridge Bank
   C) CopperTeens Bank
   D) Arival Bank
   
   
   

   
   Option A
   Explanation: To cater to Indian students gearing up for admissions in the U.S., Aeldra Financial Inc., a Silicon-valley based pioneering ‘digital neo bank’, is offering a unique U.S. bank account with a Mastercard Global Debit Card that can be opened and operated from India, even before students get an F-1 visa.

   
   
8. Which of the following feature is currently not present in AEPS?
   A) Balance Enquiry
   B) Virtual Card Creation
   C) Cash Withdrawal
   D) Cash Deposit
   
   
   

   
   Option B
   Explanation: The four Aadhaar enabled basic types of banking transactions are as follows:- Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Funds Transfer

   
   
9. How much loan amount has been sanctioned by NABARD under the Rural Infrastructure Development Fund (RIDF) for ‘Construction of Phase II Building of Goa Dental College and Hospital, Bambolim, Goa?
   A) Rs2891.15 lakh
   B) Rs2154.15 lakh
   C) Rs2026.15 lakh
   D) Rs2563.15 lakh
   
   
   

   
   Option A
   Explanation: NABARD has sanctioned a loan worth Rs2891.15 lakh under the Rural Infrastructure Development Fund (RIDF) to the Government of Goa for ‘Construction of Phase II Building of Goa Dental College and Hospital, Bambolim, Goa.

   
   
10. What is the currency of Maldives?
    A) Koruna
    B) Dollar
    C) Franc
    D) Rufiyaa
    
    
    

    
    Option D
    Explanation: Capital – Male, President - Ibrahim Mohamed Solih