GA Revision for Banking and Other Exams – 1049

1. Indian-origin entrepreneur Ajay Dilwari has been honoured with the Order of British Columbia award by which country?
   A) Britain
   B) Germany
   C) Netherlands
   D) Canada
   
   
   

   
   Option D
   Explanation: Leading Indian-origin entrepreneur Ajay Dilwari has been honoured with Canada’s prestigious Order of British Columbia award, the province’s highest form of recognition.

   
   
2. What is the FDI limit in Payments Bank?
   A) 100%
   B) 74%
   C) 49%
   D) 20%
   
   
   

   
   Option B
   Explanation: As per RBI guidelines: The foreign shareholding in the payments bank would be as per the Foreign Direct Investment (FDI) policy for private sector banks = 74% at present

   
   
3. When is World Ozone Day observed?
   A) September 18
   B) September 17
   C) September 16
   D) September 19
   
   
   

   
   Option C
   Explanation: World Ozone Day or International Day for the Preservation of the Ozone Layer , celebrated worldwide on September 16, is a commemoration of that eventful day of agreement, that reminds us to be responsible individuals to ensure ozone layer preservation.

   
   
4. The Beighton Cup is related to which sports?
   A) Hockey
   B) Tennis
   C) Horse Riding
   D) Badminton
   
   
   

   
   Option A
   

   
   
5. Which state government received four SKOCH awards for its schemes like ‘Silpasathi’ and ‘E-Nathikaran’ under the Ease of Doing Business initiative?
   A) Uttarakhand
   B) Rajasthan
   C) West Bengal
   D) Madhya Pradesh
   
   
   

   
   Option C
   Explanation: The Government of West Bengal has received four SKOCH awards for its schemes under the Ease of Doing Business initiative. The State scheme ‘Silpasathi’-the online single window portal won the platinum award while the Auto Renewal of Certificate of Enlistment through online system for urban areas has received the gold award.

   
   
6. As per Ministry of Finance data,enrollments under Atal Pension Yojana crossed how much mark?
   A) 3.30 cr
   B) 3.50 cr
   C) 4.00 cr
   D) 4.50 cr
   
   
   

   
   Option A
   Explanation: The government has said that the total enrolments under Atal Pension Yojana (APY) has crossed the 3.30 crore mark till 25th of August, 2021. The Ministry of Finance said that more than 28 lakh subscribers were enrolled in APY in the first five months of current fiscal.

   
   
7. Who was appointed as new MD of Jammu and Kashmir Bank?
   A) Suresh Kathpalia
   B) Mahesh Sharma
   C) Triloknath Singh
   D) Baldev Prakash
   
   
   

   
   Option D
   Explanation: Jammu & Kashmir Bank said the Reserve Bank has approved the appointment of Baldev Prakash as its next Managing Director and CEO of the bank for a period of three years from the date of taking charge or April 10, 2022, whichever is earlier, J&K Bank said in a regulatory filing.

   
   
8. Shehroze Kashif who became the youngest person in the world to reach the summit of K2, the second-highest peak in the world, hails from which country?
   A) UAE
   B) Kazakhstan
   C) Pakistan
   D) Afghanistan
   
   
   

   
   Option C
   Explanation: Shehroze Kashif, 19-year old Pakistani climber became the youngest person in the world to reach the summit of K2, the second-highest peak in the world.

   
   
9. In September 2021, India launched soft skills training programme for women entrepreneurs in which country?
   A) Bangladesh
   B) Maldives
   C) Nepal
   D) Indonesia
   
   
   

   
   Option A
   Explanation: The High Commission of India in association with the ICT Ministry of Bangladesh and Women & E-commerce and SilkOak global limited launched an year long soft skills training programme in Dhaka.

   
   
10. Who was appointed as chairperson of newly set up Rs 20,000 crore National Bank for Financing Infrastructure and Development(NaBFID)?
    A) Amithabh Kant
    B) Ramesh Jairam
    C) KV Kamath
    D) LV Prabhakar
    
    
    

    
    Option C
    Explanation: The government announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore National Bank for Financing Infrastructure and Development(NaBFID).

    
    
11. Which bank has been honoured as the global winner for Most Innovative in Digital Banking by Financial Times publication, The Banker, in its 2021 Innovation in Digital Banking Awards?
    A) DBS
    B) OCBC
    C) POSB
    D) DCB
    
    
    

    
    Option A
    Explanation: DBS has been honoured as the global winner for Most Innovative in Digital Banking by Financial Times publication, The Banker, in its 2021 Innovation in Digital Banking Awards.

    
    
12. Where is the HQ of Razorpay Software Private Limited situated?
    A) Hyderabad
    B) Pune
    C) Mumbai
    D) Bengaluru
    
    
    

    
    Option D
    

    
    
13. How much amount of loan was extended by India to Africa to develop critical infrastructure required for the revival of Africa’s economies in the wake of the Covid-19 pandemic?
    A) USD 500 million
    B) USD 100 million
    C) USD 80 million
    D) USD 95 million
    
    
    

    
    Option B
    Explanation: Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has received a US$100 million credit line from the Export-Import Bank of India(India Exim Bank) to develop critical infrastructure required for the revival of Africa’s economies in the wake of the Covid-19 pandemic.

    
    
14. In the case of MLTGD, the redemption of principal at maturity shall, at the option of the depositor, be either in Indian Rupee equivalent of the value of deposited gold at the time of redemption, or in gold. What does M stands for in MLTGD?
    A) Monetary
    B) Monetization
    C) Medium
    D) Managed
    
    
    

    
    Option C
    Explanation: Medium and Long Term Government Deposit (MLTGD)

    
    
15. Indigenous Aircraft Carrier (IAC) ‘Vikrant’ whose sea trials commenced recently is being built by which of the following?
    A) Mazagon Dock Shipbuilders
    B) Goa Shipyard
    C) Hindustan Shipyard
    D) Cochin Shipyard Limited
    
    
    

    
    Option D
    Explanation: Indigenous Aircraft Carrier (IAC) ‘Vikrant’ designed by Indian Navy’s Directorate of Naval Design(DND) is being built at Cochin Shipyard Limited(CSL), a Public Sector Shipyard under Ministry of Shipping (MoS).