GA Revision for Banking and Other Exams – 1068

1. Who has been appointed as brand ambassador of SMB Neobank FloBiz?
   A) Salman Khan
   B) Manoj Bajpayee
   C) Nawazuddin Siddiqui
   D) Shahrukh Khan
   
   
   

   
   Option B
   Explanation: FloBiz, a fast-growing neobank for Indian SMBs, announced its association with Padma Shri awardee actor Manoj Bajpayee.

   
   
2. Who has been sworn in as president of Uzbekistan?
   A) Floynt Bount
   B) Danish Siddiqui
   C) Scott Morrison
   D) Shavkat Mirziyoyev
   
   
   

   
   Option D
   Explanation: Uzbek President Shavkat Mirziyoyev has been re-elected for a second five-year term, according to the preliminary results of a poll that Western observers criticised as uncompetitive despite recent political reforms.

   
   
3. At present how many credit rating agencies in India are registered with SEBI?
   A) 5
   B) 6
   C) 8
   D) 7
   
   
   

   
   Option D
   Explanation: All the credit rating agencies in India are regulated by SEBI (Credit Rating Agencies) Regulations, 1999 of the Securities and Exchange Board of India Act, 1992. There are a total of seven credit agencies in India viz, CRISIL, CARE, ICRA, SMREA, Brickwork Rating, India Rating and Research Pvt.

   
   
4. Which state adopted the Pakke Tiger Reserve 2047 Declaration on Climate Change-Resilient?
   A) Arunachal Pradesh
   B) Nagaland
   C) Assam
   D) TamilNadu
   
   
   

   
   Option A
   Explanation: For the first time, Arunachal Pradesh’s cabinet meeting was held outside the state capital of Itanagar and at the Pakke Tiger Reserve in PakkeKessang district instead.

   
   
5. Which state was crowned 11th Hockey India junior national championship winners?
   A) Punjab
   B) Himachal Pradesh
   C) Uttar Pradesh
   D) Madhya Pradesh
   
   
   

   
   Option C
   Explanation: Hockey, Uttar Pradesh were crowned the winners of the 11th Junior National Men’s Championship following a 3-1 victory over Chandigarh in the final at Kovilpatti, Tamil Nadu.

   
   
6. World’s largest cricket bat, certified by Guinness World Records was unveiled in which city?
   A) Hyderabad
   B) Lucknow
   C) Pune
   D) Delhi
   
   
   

   
   Option A
   Explanation: The world’s largest cricket bat, certified by Guinness World Records was unveiled in Hyderabad. The event was held on the eve of ICC Men’s T20 World Cup. The cricket bat was unveiled by the former caption of the Indian cricket team Mohammed Azharuddin. The bat was a tribute to the Indian cricket team from Pernod Ricard.

   
   
7. PM Modi inaugurated redeveloped Rani Kamlapati Railway Station in which city?
   A) Pune
   B) Lucknow
   C) Bhubaneswar
   D) Bhopal
   
   
   

   
   Option D
   Explanation: Prime Minister Narendra Modi dedicated to the Nation various Railway projects in Bhopal,Madhya Pradesh.

   
   
8. Valley of Flowers National Park is located in which state?
   A) Himachal Pradesh
   B) Jammu & Kashmir
   C) Uttarakhand
   D) Gujarat
   
   
   

   
   Option C
   Explanation: Valley of Flowers National Park is an Indian national park, located in Chamoli in the state of Uttarakhand and is known for its meadows of endemic alpine flowers and the variety of flora.

   
   
9. Which state wins Vijay Hazare Trophy?
   A) Himachal Pradesh
   B) Uttar Pradesh
   C) Punjab
   D) TamilNadu
   
   
   

   
   Option A
   Explanation: Himachal Pradesh completed a fairytale script with Shubham Arora’s unbeaten hundred to beat Tamil Nadu in the final of the Vijay Hazare Trophy 2021 and win their first-ever domestic title at the Sawai Mansingh Stadium in Jaipur.

   
   
10. Who won the Mens’ single 2021 Denmark Open Badminton?
    A) Takuro Hoki
    B) Sebastian Vettel
    C) Kento Momomo
    D) Viktor Axelsen
    
    
    

    
    Option D
    Explanation: Danish Olympic champion Viktor Axelsen won the Mens’ single 2021 Denmark Open Badminton held at the Odense Sports Park, Denmark. He defeated world number one Kento Momota of Japan.

    
    
11. How much amount has been released by Department of Expenditure as health sector grant for rural and urban local bodies of 19 States?
    A) ₹8453 cr
    B) ₹8965 cr
    C) ₹9064 cr
    D) ₹2487 cr
    
    
    

    
    Option A
    Explanation: The Department of Expenditure under Ministry of Finance has released an amount of over 8,453 crore rupees as health sector grant for rural and urban local bodies of 19 States. The grants have been released as per the recommendations of the Fifteenth Finance Commission.

    
    
12. What was the minimum bid allowed in the LTRO operation of RBI?
    A) Rs 50 lakh
    B) Rs 1 crore
    C) Rs 5 crore
    D) Rs 10 crore
    
    
    

    
    Option B
    Explanation: The operational guidelines/ details of the SLTRO scheme are as under: a) All Small Finance Banks (SFBs) eligible under the Liquidity Adjustment Facility (LAF) can participate in the Scheme. There is no tenor restriction regarding lending by SFBs under the scheme. However, the SFBs will have to ensure that the amount borrowed from the RBI should at all times be backed by lending to the specified segments till maturity of the SLTRO. Furthermore, SFBs should endeavour to lend within a reasonable period, i.e., not later than 30 days from the date of availing the funds from RBI. b) SLTROs will be conducted on CBS (E-KUBER) platform. The operations would be conducted at a fixed rate. Banks would be required to place their requests for the amount sought under SLTRO during the window timing at the prevailing policy repo rate. Bids below or above policy rate will be rejected. c) The Reserve Bank reserves the right to decide the quantum of allotment and/or accept/reject any or all the requests, either wholly/partially, without assigning any reason thereof. d) In case of over-subscription of the notified amount, the allotment will be done on pro-rata basis. RBI will, however, reserve the right to inject marginally higher amount than the notified amount due to rounding effects. e) The minimum bid amount would be Rupees one crore and multiples thereof. The allotment would be in multiples of Rupees one crore. f) The reversal of these operations would take place at the ‘start of day’ on the day of maturity. g) The eligible collateral for SLTROs and the applicable haircuts will remain the same as applicable for LAF. h) All other terms and conditions as applicable to LAF operations, including facility for security substitution, will also be made applicable to the SLTROs, mutatis mutandis. i) The amount utilised under the Scheme will be informed to market participants in the Money Market Operations (MMO) press release. j) All queries/clarifications regarding operational aspects of the facility may be directed to the Financial Markets Operations Department through e-mail and/or telephone (022-22630982). All technical issues may be directed to the e-Kuber Helpdesk through email with a copy to laffmd@rbi.org.in and/or telephone (022-27595662/67/022-27595591 /92/93/94).

    
    
13. Centre declared Soya Meal as an Essential Commodity up to which year?
    A) June 2022
    B) December 2022
    C) Sept 2022
    D) August 2023
    
    
    

    
    Option A
    Explanation: The Centre imposed stock holding limits on soya meal, which is used as a raw material in the poultry feed industry, till June 2022 to curb hoarding as well as check price rise.

    
    
14. Singhi Chham is an Indian folk dance with origin from which state?
    A) Jammu & Kashmir
    B) Sikkim
    C) Assam
    D) West Bengal
    
    
    

    
    Option B
    Explanation: Singhi Chham or Kanchendzonga Dance is a lion dance form in Sikkim whereby the dancers perform in a lion costume that represents the snow lion. It is a dance of the Bhutia people, and was said to have been introduced by Chador Namgyal, the third Chogyal of Sikkim, in the 18th century.

    
    
15. Indigo partenered with which bank for the launch of a co-branded credit card – Ka-ching – under the 6E Rewards program?
    A) Kotak a Mahindra Bank
    B) HDFC bank
    C) IDBI Bank
    D) SBI
    
    
    

    
    Option A
    Explanation: Kotak Mahindra Bank (KMBL) and IndiGo announced a strategic partnership for the launch of a co-branded credit card – Ka-ching – under the 6E Rewards program.