GA Revision for Banking and Other Exams – 1045

1. The 16th East Asia Summit (EAS) Was held in which place?
   A) Manama
   B) Brunei
   C) NewDelhi
   D) Bangkok
   
   
   

   
   Option B
   Explanation: The 16th East Asia Summit (EAS) was held via video conference. The Summit was chaired by His Majesty Sultan Haji Hassanal Bolkiah, Sultan and Yang Di-Pertuan of Brunei Darussalam.

   
   
2. When is Pi Approximation Day observed?
   A) July 22
   B) July 25
   C) July 23
   D) July 21
   
   
   

   
   Option A
   Explanation: Pi Approximation Day is observed on July 22 (22/7 in the day/month format), since the fraction 22⁄7 is a common approximation of π, which is accurate to two decimal places and dates from Archimedes.

   
   
3. The Kalbelia folk songs is a part of UNESCO Intangible Cultural Heritages of India. It belongs to which state?
   A) West Bengal
   B) Rajasthan
   C) Assam
   D) Manipur
   
   
   

   
   Option B
   

   
   
4. Which of the following has launched ‘12% club’ app which will allow customers to earn and borrow at an interest rate of 12%?
   A) Phone Pe
   B) Paytm
   C) Bharatpe
   D) Google Pay
   
   
   

   
   Option C
   Explanation: BharatPe said it has entered peer-to-peer (P2P) lending with its product ‘12% club’, which will allow consumers to not only earn 12 per cent interest on the funds they invest but also borrow at an interest rate of 12 per cent.

   
   
5. Which of the following is the helpline number to address consumer queries on digital payments?
   A) 15555
   B) 14444
   C) 18888
   D) 19999
   
   
   

   
   Option B
   Explanation: The government, in collaboration with telecom and IT industry, launched a toll-free helpline – 14444 – to address consumer queries on digital payments in January 2017. The helpline was launched aiming at addressing questions regarding various platforms, including the newly-launched Bharat Interface for Money (BHIM), e-Wallets, Aadhaar-enabled payment system and USSD.

   
   
6. As per Climate Vulnerability Index released by the Council on Energy, Environment and Water (CEEW), over how many percent Indians live in climate vulnerable districts?
   A) 80%
   B) 90%
   C) 95%
   D) 70%
   
   
   

   
   Option A
   Explanation: More than 80 per cent Indians live in districts vulnerable to climate risks, while Assam, Andhra Pradesh, Maharashtra, Karnataka and Bihar are states which are most vulnerable to extreme climate events such as floods, droughts and cyclones in India, said the Climate Vulnerability Index released by the Council on Energy, Environment and Water (CEEW).

   
   
7. “Renegades: Born in the USA” is co-written by Barack Obama and whom?
   A) Patti Scialfa
   B) Billy Joel
   C) Bruce Springsteen
   D) Julianne Phillips
   
   
   

   
   Option C
   Explanation: “Renegades: Born in the USA” is a candid, revealing, and entertaining dialogue between President Barack Obama and legendary musician Bruce Springsteen that explores everything from their origin stories and career-defining moments to our country’s polarized politics and the growing distance between the American Dream and the American reality.

   
   
8. Which country hosted the fifth BRICS working group meeting 2021?
   A) Brazil
   B) South Africa
   C) India
   D) China
   
   
   

   
   Option B
   Explanation: The fifth BRICS working group meeting discussed High-Performance Computing(HPC) and Information Communication Technology(ICT).

   
   
9. How much amount of loan was signed between India and ADB to promote agribusiness network to boost farm incomes and reduce food losses in the State of Maharashtra?
   A) $170 million
   B) $200 million
   C) $80 million
   D) $100 million
   
   
   

   
   Option D
   Explanation: Government of India and Asian Development Bank, ADB signed a 100 million US dollar loan to promote agribusiness network to boost farm incomes and reduce food losses in the State of Maharashtra.

   
   
10. Which company recently in August received in-principle approval from the Securities and Exchange Board of India (Sebi) for mutual fund business?
    A) Bajaj Finserv
    B) Bajaj Finance
    C) Star Capital Finance
    D) Motilal Oswal
    
    
    

    
    Option A
    Explanation: Bajaj Finserv will be the latest entrant to the Rs 35-trillion mutual fund (MF) industry after the company received in-principle approval from the Securities and Exchange Board of India (Sebi).

    
    
11. What is the height of world’s largest and tallest observation wheel Ain Dubai opened in Ain Dubai, UAE?
    A) 400 Meters
    B) 150 Meters
    C) 250 Meters
    D) 650 Meters
    
    
    

    
    Option C
    Explanation: The world’s largest and tallest observation wheel will open in the UAE on October 21, the latest landmark to join Dubai’s long list of record-breaking attractions. At nearly twice the height of the London Eye, Ain Dubai will take visitors to a height of 250 metres from where they could enjoy a majestic view of Dubai’s picturesque skyline.

    
    
12. The World Wildlife Day is held every year on ___?
    A) April 25
    B) March 3
    C) March 21
    D) June 15
    
    
    

    
    Option B
    Explanation: World Wildlife Day celebrated in 2021 under the theme "Forests and Livelihoods: Sustaining People and Planet", as a way to highlight the central role of forests, forest species and ecosystems services in sustaining the livelihoods of hundreds of millions of people globally.

    
    
13. Recently which company changed its name to Meta?
    A) Facebook
    B) Oracle
    C) Google
    D) Yahoo
    
    
    

    
    Option A
    Explanation: Facebook Inc. is re-christening itself Meta, decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality.

    
    
14. All credit rating agencies in India are required to register with ____?
    A) RBI
    B) SEBI
    C) Government of India
    D) CRISIL
    
    
    

    
    Option B
    Explanation: The Securities and Exchange Board of India (SEBI) regulates Credit Rating Agencies in India. All credit rating agencies in India are required to register with SEBI

    
    
15. Which city has set up a specialised money laundering court to focus on money laundering cases and other financial crimes?
    A) California
    B) London
    C) Sydney
    D) Dubai
    
    
    

    
    Option D
    Explanation: Dubai has formed a specialist court that will focus on fighting money laundering and other financial crimes, as the emirate seeks to strengthen the integrity of its financial system and support nationwide efforts to clamp down on money laundering.