GA Revision for Banking and Other Exams – 1041

1. With which country,India signed MoU for exchange of white shipping information and to boost maritime security cooperation?
   A) France
   B) Malaysia
   C) Oman
   D) Maldives
   
   
   

   
   Option C
   Explanation: India and Oman inked an agreement for exchange of white shipping information and to boost maritime security cooperation in reflection of growing cooperation between the two sides.

   
   
2. What is the measurement that look at how much capital comes in the form of debt (loans), or assesses the ability of a company to meet financial obligations known as?
   A) Key Ratio
   B) Debt Ratio
   C) Quick Ratio
   D) Leverage Ratio
   
   
   

   
   Option D
   Explanation: Leverage ratio in simple terms is the relation between the amount of equity that a company has and the amount of debt that it is carrying in its books. It is a measurement of the capacity of the company to meet its financial obligations.

   
   
3. Women Sub-Inspector Rita Debnath of which state has been awarded the ‘Union Home Minister’s Medal for Excellence in Investigation’ for the year 2021?
   A) West Bengal
   B) Arunachal Pradesh
   C) Odisha
   D) Tripura
   
   
   

   
   Option D
   Explanation: Women Sub-Inspector Rita Debnath of Tripura Police has been awarded the ‘Union Home Minister’s Medal for Excellence in Investigation’ for the year 2021.

   
   
4. According to World Bank, How many people may migrate within their own countries by 2050?
   A) 214 Million
   B) 216 Million
   C) 218 Million
   D) 215 Million
   
   
   

   
   Option B
   Explanation: Reduced agricultural production, water scarcity, rising sea levels and other adverse effects of climate change could cause up to 216 million people to leave their homes and migrate within their own countries by 2050, the World Bank has warned.

   
   
5. Ten major lenders, including State Bank of India, ICICI Bank, Canara Bank and Standard Chartered Bank, have for the first time joined hands to set up an online platform for trading of corporate loans in the secondary market called SLMA. What does A stand for in SLMA?
   A) Auction
   B) Arrangement
   C) Access
   D) Association
   
   
   

   
   Option D
   Explanation: Ten major lenders, including State Bank of India, ICICI Bank, Canara Bank and Standard Chartered Bank, have for the first time joined hands to set up an online platform for trading of corporate loans in the secondary market. Called the Secondary Loan Market Association (SLMA), it has been formed on the recommendation of the Reserve Bank of India’s Task Force on the Development of Secondary Market for Corporate Loans. Kotak Mahindra Bank, Deutsche Bank, Bank of Baroda, Punjab National Bank, Axis Bank and HDFC Bank are also its members.

   
   
6. Who won the Czech International table tennis tournament at Olomouc in Czech Republic?
   A) Sharath Kamal
   B) Anthony Amalraj
   C) Harmeet Desai
   D) Sathiyan Gnanasekaran
   
   
   

   
   Option D
   Explanation: India’s top paddler G Sathiyan beat Yevhen Ryshchepa of Ukraine comprehensively and in straight sets 11-9, 11-6, 11-6,14-12 in the final of the Czech International table tennis tournament at Olomouc in Czech Republic.

   
   
7. What is the Theme of the Third Cohort under Regulatory Sandbox announced recently by RBI?
   A) Forex Lending
   B) Retail Payments
   C) MSME Lending
   D) Cross Border Payments
   
   
   

   
   Option C
   Explanation: The Reserve Bank of India announced the opening of the third cohort under the Regulatory Sandbox. The application for the third cohort may be submitted from October 1 to November 14, 2021, it said. The theme for the third cohort is MSME lending.

   
   
8. Where is the headquarters of Federak Bank?
   A) Karnataka
   B) Maharashtra
   C) Uttar Pradesh
   D) Kerala
   
   
   

   
   Option D
   Explanation: Aluva, Kerala, CEO - Shyam Srinivasan

   
   
9. Thé World’s largest hydrogen fuel cell power plant built in which place?
   A) Thailand
   B) Korea
   C) India
   D) China
   
   
   

   
   Option B
   Explanation: The Ministry of Trade, Industry and Energy announced that it held the completion ceremony of ‘Shinincheon Bitdream Fuel Cell Power Plant’ at the Shinincheon Bitdream headquarters of Korea Southern Power in Seo-gu, Incheon.

   
   
10. Where is the HQ of International Air Transport Association (IATA) located?
    A) Montreal, Canada
    B) Amsterdam, Netherlands
    C) Stockholm, Sweden
    D) Havana, Cuba
    
    
    

    
    Option A
    Explanation: Headquarters - Montreal, Canada, Founded - April 1945

    
    
11. Sandeep Bakhshi has been reappointed as the managing director and chief executive officer of which bank?
    A) OBC Bank
    B) Axis Bank
    C) ICICI Bank
    D) HDFC Bank
    
    
    

    
    Option C
    

    
    
12. UAE-based DP World has inked an MoU with which Indian State for Rs 2000 cr projects?
    A) Kerela
    B) Tamil Nadu
    C) Andhra Pradesh
    D) Telangana
    
    
    

    
    Option B
    Explanation: UAE-based DP World is investing around Rs 2,000 crore for establishing a slew of projects in Tamil Nadu.

    
    
13. Banks cannot accept interest free deposits other than in _____?
    A) Recurring deposit account
    B) Saving account
    C) Fixed deposit account
    D) Current account
    
    
    

    
    Option D
    

    
    
14. Which programme was launched by MSMEMinister Narayan Rane for promoting entrepreneurship leading to the economic development of the country?
    A) DHRUV
    B) UTTAM
    C) SAMBHAV
    D) SHAURYA
    
    
    

    
    Option C
    Explanation: Union Minister of MSME Narayan Rane launched ‘SAMBHAV’ a national level awareness programme for promoting entrepreneurship leading to the economic development of the country.

    
    
15. On which River banks the city Rajahmundry is located?
    A) Godavari
    B) Ravi
    C) Mahanadi
    D) Sabarmati
    
    
    

    
    Option A
    Explanation: The city is located on the banks of Godavari River in Andhra Pradesh, India.