GA Revision for Banking and Other Exams – 1038

1. Who has been appointed by IAMAI to chair Digital Publisher Content Grievances Council’s grievance redressal board?
   A) Justice (Retd.) Mr. Vivian Bose
   B) Justice (Retd.) Mr. Ghulam Hasan
   C) Justice (Retd.) Mr. Arjan Kumar Sikri
   D) Justice (Retd.) Mr.Natwarlal Harilal Bhagwat
   
   
   

   
   Option C
   Explanation: The Internet and Mobile Association of India (IAMAI) has appointed former Supreme Court Justice (Retd.) Arjan Kumar Sikri to chair the grievance redressal board (GRB), formed as a part of the digital publisher content grievances council (DPCGC)

   
   
2. ______ is a way of raising debt or equity from multiple investors via an internet-based platform?
   A) P2P platform
   B) Crowd funding
   C) E-aggregators
   D) Bitcoins
   
   
   

   
   Option B
   Explanation: Crowd funding is a way of raising debt or equity from multiple investors via an internet-based platform.

   
   
3. Who has won French Open Tennis Title 2021?
   A) Rafael Nadal
   B) Roger Federer
   C) Novak Djokovic
   D) Stefanos Tsitsipas
   
   
   

   
   Option C
   Explanation: Novak Djokovic defeated Stefanos Tsitsipas 6-7(6-8), 2-6, 6-3, 6-2, 6-4 to lift the French Open title for the second time in his career.

   
   
4. Which Special Economic Zone (SEZ) has been awarded IGBC Platinum Rating and has become the first SEZ to achieve so?
   A) Kandla SEZ
   B) Surat SEZ
   C) Vishakhapatnam SEZ
   D) Cheyyar SEZ
   
   
   

   
   Option A
   Explanation: Kandla SEZ (KASEZ) was awarded IGBC Platinum Rating. KASEZ is the First Green SEZ to achieve the IGBC Green Cities Platinum Rating for Existing Cities.

   
   
5. In the World Archery Youth Championships held in Wroclaw, Poland, Indian women team defeated which country’s team to win a gold medal?
   A) Poland
   B) USA
   C) Turkey
   D) UK
   
   
   

   
   Option C
   Explanation: In Archery, India won gold medals in the compound cadet women’s and men’s and mixed team events in the World Youth Championships in Wroclaw. The women defeated Turkey 228-216 in the final to win a gold medal while the cadet men’s team followed getting the better of USA in the final. India’s cadet men’s team of Kushal Dalal, Sahil Chaudhary and Nitin Apar upset the top seeds USA, beating them 233-231 in a thrilling final.

   
   
6. With Which country India has tied as 4th Largest Forex Reserves Holder?
   A) USA
   B) Australia
   C) Germany
   D) Russia
   
   
   

   
   Option D
   Explanation: India’s foreign exchange reserves crossed $600 for the first time. As on June 4, the foreign exchange reserves stood at $605 billion, almost tying with Russia as the fourth largest reserve holder in the world.

   
   
7. Hyderabad is located on banks of which river?
   A) Krishna
   B) Musi
   C) Godavari
   D) Bhima
   
   
   

   
   Option B
   Explanation: Hyderabad is located on the banks of Musi River.

   
   
8. Dholavira, a Harappan-era metropolis, in which state has been inscribed on the UNESCO World Heritage List?
   A) Gujarat
   B) Rajasthan
   C) Odisha
   D) Kerala
   
   
   

   
   Option A
   Explanation: Dholavira, a Harappan-era metropolis, in Gujarat has been inscribed on the UNESCO World Heritage List, the organisation said. Gujarat so far has three world heritage sites — Champaner near Pavagadh, Rani ki Vav in Patan and the historic city of Ahmedabad.

   
   
9. The International Air Transport Association (IATA) collaborated with which of the following to facilitate international trade, particularly e-commerce?
   A) United Nations Industrial Development Organization
   B) Organisation for Economic Co-operation and Development
   C) United Nations Conference on Trade and Development
   D) World Trade Organization
   
   
   

   
   Option C
   Explanation: The International Air Transport Association (IATA) and the United Nations Conference on Trade and Development (UNCTAD) have extended their collaboration to facilitate international trade, particularly e-commerce.

   
   
10. Which Public sector bank has topped in terms of loan and deposit growth in FY 2020-21?
    A) Bank of Maharashtra
    B) Bank of India
    C) Punjab and Sind Bank
    D) Canara Bank
    
    
    

    
    Option A
    Explanation: State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth during financial year 2020-21.

    
    
11. Which of the following tools is used by RBI for selective credit control?
    A) It advises banks to recall loans against certain commodities
    B) It advises banks against giving loans against certain commodities
    C) It assigns higher risk weighted to certain kinds of loans
    D) None of these
    
    
    

    
    Option C
    

    
    
12. Who has been named prime minister of the Central African Republic (CAR)?
    A) Henri Marie Dondra
    B) Firmin Ngrebada
    C) Simplice Sarandji
    D) Faustin-Archange Touadéra
    
    
    

    
    Option A
    Explanation:

    
    
13. Which day is declared as National Mathematics Day?
    A) January 16
    B) December 22
    C) September 21
    D) May 20
    
    
    

    
    Option B
    

    
    
14. Najib Mikati has been elected as the prime minister of which country?
    A) Lebanon
    B) Greece
    C) Belarus
    D) Austria
    
    
    

    
    Option A
    

    
    
15. Who has extended risk-based internal audit system to HFCs?
    A) IRDAI
    B) RBI
    C) SEBI
    D) NHB
    
    
    

    
    Option B
    Explanation: The Reserve Bank extended the risk-based internal audit (RBIA) system to select housing finance companies to enhance the quality and effectiveness of their internal audit system.