GA Revision for Banking and Other Exams – 1034

1. In July 2021, which country unveiled one of the world’s largest floating solar panel farms, which can produce enough electricity to power the island’s five water treatment plants?
   A) Singapore
   B) China
   C) UAE
   D) Denmark
   
   
   

   
   Option A
   Explanation: Singapore unveiled one of the world’s largest floating solar panel farms, which can produce enough electricity to power the island’s five water treatment plants.

   
   
2. Which international organization has lauded the success of Centre’s Aspirational Districts Programme?
   A) WHO
   B) UNDP
   C) UNEP
   D) IMF
   
   
   

   
   Option B
   Explanation: The United Nations Development Programme (UNDP) has lauded the Centre’s Aspirational Districts Programme (ADP), saying that it should serve as a “best practice” for other countries where regional disparities in development status persist for many reasons.

   
   
3. Where is the headquarters of Bank for International Settlements (BIS) situated?
   A) Bern and Zurich, Switzerland
   B) Lisbon, Portugal
   C) Shanghai, China
   D) Basel, Switzerland
   
   
   

   
   Option D
   Explanation: The Bank for International Settlements (BIS) is an international financial institution owned by central banks which “fosters international monetary and financial cooperation and serves as a bank for central banks”. The BIS was established in 1930 by an intergovernmental agreement between Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States and Switzerland. It opened its doors in Basel, Switzerland on 17 May 1930.

   
   
4. When is the World Television Day observed?
   A) September 7
   B) December 18
   C) November 21
   D) August 11
   
   
   

   
   Option C
   

   
   
5. The RBI cancelled the license of Dr Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd situated where?
   A) Latur
   B) Aurangabad
   C) Pune
   D) Kolhapur
   
   
   

   
   Option A
   Explanation: The RBI has cancelled the license of Dr Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd, Nilanga, Latur, as it does not have adequate capital and earning prospects.

   
   
6. The historical monument Gol Gumbaz is located in which of these states?
   A) Maharashtra
   B) Delhi
   C) Gujarat
   D) Karnataka
   
   
   

   
   Option D
   Explanation: Bijapur, Karnataka

   
   
7. Which company has been selected by Bank of India to connect its 1800 branches?
   A) Hughes Communication
   B) Mediacom
   C) T-Mobile
   D) Charter Communications
   
   
   

   
   Option A
   Explanation: Satellite broadband services firm Hughes Communications India Pvt Ltd (HCIPL) has bagged a deal to connect 1,800 branches of Bank of India across the country.

   
   
8. UNGA adopted Political Declaration Pledging Urgent, Transformative Action to Stop Global AIDS Epidemic by which year?
   A) 2024
   B) 2026
   C) 2027
   D) 2030
   
   
   

   
   Option D
   Explanation: World leaders in the General Assembly committed to “urgent and transformative action” to end the gender inequalities, restrictive laws and multiple forms of discrimination that perpetuate the global AIDS epidemic, adopting a lengthy Political Declaration that spells out measures to stop the disease in its tracks by 2030.

   
   
9. Who is the head of the panel which will decide on the quantum of stake dilution of LIC after Union Cabinet cleared disinvestment of LIC?
   A) Amit Shah
   B) Nirmala Sitharaman
   C) Smriti Irani
   D) Anurag Thakur
   
   
   

   
   Option B
   Explanation: The Union Cabinet has cleared disinvestment of the country’s largest insurer LIC and a panel headed by the finance minister will now decide on the quantum of stake dilution.

   
   
10. What is reliable securities ?
    A) A shares which are guaranteed by the government
    B) A Shares are listed on the Stock Exchange
    C) Continuously high rate of profit on share
    D) A Share whose government has decided to be listed
    
    
    

    
    Option C
    

    
    
11. LIC Cards Services Limited (LIC-CSL) in association with which bank has launched two new co-branded RuPay Credit Cards – ‘Eclat’ and ‘Lumine’?
    A) ICICI Bank
    B) IDBI bank
    C) Federal bank
    D) Bank of Baroda
    
    
    

    
    Option B
    Explanation: LIC Cards Services Limited (LIC-CSL) and IDBI Bank announced that they’ve launched two new co-branded RuPay Credit Cards. This LIC card will be designated as the LIC CSL ‘Eclat’ Select Credit Card and the ‘Lumine’ Platinum Credit Card. As per the release, the credit cardholder will apparently be able to gain access to a range of new benefits that have been termed, ‘the best in class’.

    
    
12. Which country has topped the Global Home Price Index?
    A) Singapore
    B) Germany
    C) Turkey
    D) Norway
    
    
    

    
    Option C
    Explanation: India has moved down 12 places in the global home price index in Q1 of 2021 to 55th position from 43rd rank during the same quarter last year, shows the latest report by global property consultancy Knight Frank. Turkey remains at the top with a 32 per cent rise in prices during January-March 2021 compared to the first quarter of the 2020 calendar year.

    
    
13. Where is the HQ of financial institution InCred located?
    A) Gurugram
    B) Surat
    C) Lucknow
    D) Jaipur
    
    
    

    
    Option D
    

    
    
14. The Hopman Cup is related to which sports?
    A) Badminton
    B) Tennis
    C) Football
    D) Golf
    
    
    

    
    Option B
    Explanation: The Hopman Cup is a international eight-team indoor hardcourt tennis tournament.

    
    
15. Which of the following company is going to set up India’s largest 3 GWh Li-ion battery factory?
    A) Lohum Cleantech
    B) Epsilon Carbon
    C) Amara Raja Batteries
    D) Li Energy
    
    
    

    
    Option A
    Explanation: Lohum Cleantech, a lithium ion battery maker and a battery recycling solutions company, has firmed up plans to expand its manufacturing capacity of lithium ion batteries from 300 MWh to 1000 MWh (1 GWh) and its recycling capacity 10 times, from 1,000 tonnes per annum to 10,000 tonnes per annum.