GA Revision for Banking and Other Exams – 1066

1. In October 2021, who won the Nobel Economics Prize for insights into the labour market and “natural experiments”?
   A) David Card
   B) Joshua Angrist
   C) Guido Imbens
   D) All of the above
   
   
   

   
   Option D
   Explanation: U.S.based Canadian David Card, Israeli-American Joshua Angrist and Dutch-American Guido Imbens won the Nobel Economics Prize for insights into the labour market and “natural experiments”.

   
   
2. Which city is at the bottom of the 2021 Safe Cities Index, published by Economist Intelligence Unit?
   A) Copenhagen
   B) Toronto
   C) Yangon
   D) New Delhi
   
   
   

   
   Option C
   Explanation: The Economist Intelligence Unit has published its 2021 Safe Cities Index, ranking 60 major global cities across 76 indicators based on digital, health, infrastructure, environmental and personal security. Copenhagen tops the rankings this year with a score of 82.4 out of 100.It was followed by Toronto and Singapore. New Delhi and Mumbai have found a place in the index. New Delhi is placed at 48th position with a score of 56.1, while Mumbai is at 50th place with a score of 54.4. Yangon is at the bottom of the index, as least safe city, with a score of 39.5.

   
   
3. What is the state tree of Maharashtra?
   A) Neem
   B) Mango
   C) Sandalwood
   D) Banyan
   
   
   

   
   Option B
   Explanation:

   
   
4. Which state/UT government launched Mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’ in order to promote door to door digital banking and financial services in remote areas of state/UT?
   A) West Bengal
   B) Assam
   C) Chandigarh
   D) Jammu & Kashmir
   
   
   

   
   Option D
   Explanation: In order to promote door to door digital banking and financial services in remote areas of Jammu and Kashmir, Lieutenant Governor Manoj Sinha launched Mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’, at Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) in Pampore.

   
   
5. World Bank was formed in which year?
   A) 1934
   B) 1944
   C) 1954
   D) 1964
   
   
   

   
   Option B
   Explanation: Headquarters - Washington, D.C., United States, President - David Malpass.

   
   
6. Who is the author of book Quest for a Stable Afghanistan: A View from Ground Zero” ?
   A) Sujeet Sarkar
   B) Arundhati Roy
   C) Suman Singh
   D) Arun Gupta
   
   
   

   
   Option A
   Explanation: The book titled “Quest for a Stable Afghanistan: A View from Ground Zero” has been written by Sujeet Sarkar.

   
   
7. What is the currency of Australia?
   A) Euro
   B) Peso
   C) Dollar
   D) Dinar
   
   
   

   
   Option C
   Explanation: Capital - Canberra, Prime minister - Scott Morrison

   
   
8. Where was the fifth edition of Indo- Kazakhstan Joint Training Exercise, KAZIND-21 conducted?
   A) Aisha Bibi
   B) Khoja Ahmed Yasawi
   C) Ukasha Ata
   D) Karakhan Mausoleum
   
   
   

   
   Option A
   Explanation: As part of military diplomacy and to strengthen the growing strategic relation with Kazakhstan, the fifth edition of Indo- Kazakhstan Joint Training Exercise, KAZIND-21 will be conducted at Aisha Bibi in Kazakhstan, from August 30 to September 11.

   
   
9. The Indian Institute of Management (IIM) Ahmedabad which has been adjudged as the best B-school in India, according to the QS World University Rankings 2022 has got which rank globally?
   A) 85th
   B) 71st
   C) 46th
   D) 63rd
   
   
   

   
   Option C
   Explanation: The Indian Institute of Management (IIM) Ahmedabad has been adjudged as the best B-school in India, according to the QS World University Rankings 2022. Globally, IIM-A has got 46th rank among the total 280 business schools ranked this year. IIM Ahmedabad was followed by IIM Bangalore(50) and IIM Calcutta(76) in the second and third positions, respectively in the country. Overall the first place has been secured by Stanford Graduate School of Business, followed by Harvard Business School and Penn (Wharton), which secured the second position jointly.

   
   
10. The Rangit Dam is located in which state?
    A) Gujarat
    B) Uttar Pradesh
    C) Rajasthan
    D) Sikkim
    
    
    

    
    Option D
    Explanation:

    
    
11. How much amount to be released by centre as tax devolution to States in the current month after including one advance instalment to help them push their capital expenditure?
    A) 75000 cr
    B) 95000 cr
    C) 85000 cr
    D) 92000 cr
    
    
    

    
    Option B
    Explanation: Finance Minister Nirmala Sitharaman has said that the Centre will release 95 thousand 82 crore rupees as tax devolution to States in the current month after including one advance instalment to help them push their capital expenditure.

    
    
12. What is the full form of CLF?
    A) Collective Loan Forum
    B) Collection of Loan Facility
    C) Collateralised Lending Facility
    D) Cash Lending Facility
    
    
    

    
    Option C
    Explanation:

    
    
13. NITI Aayog with which of the following jointly launched the ‘Forum for Decarbonizing Transport’ in India as part of the NDC-Transport Initiative for Asia (NDC-TIA) project?
    A) The Nature Conservancy
    B) Environmental Defense Fund
    C) Center for Global Development
    D) World Resources Institute
    
    
    

    
    Option D
    Explanation: NITI Aayog and World Resources Institute (WRI), India, jointly launched the ‘Forum for Decarbonizing Transport’ in India as part of the NDC-Transport Initiative for Asia (NDC-TIA) project.

    
    
14. The Reserve Bank of India has tied up with which country’s central bank to link their respective fast payment systems, Unified Payments Interface (UPI) and PayNow?
    A) Singapore
    B) Mauritius
    C) Indonesia
    D) UAE
    
    
    

    
    Option A
    Explanation: The RBI and the Monetary Authority of Singapore have announced a project to link their respective fast payment systems, Unified Payments Interface (UPI) and PayNow. The linkage is targeted for operationalisation by July 2022.

    
    
15. India ranked at which position in the UNICEF’s ‘The Climate Crisis Is a Child Rights Crisis: Introducing the Children’s Climate Risk Index’ (CCRI)?
    A) 26th
    B) 23rd
    C) 34th
    D) 33rd
    
    
    

    
    Option A
    Explanation: India is among four South Asian countries where children are most at risk of the impacts of climate change threatening their health, education, and protection, according to a new UNICEF report. ‘The Climate Crisis Is a Child Rights Crisis: Introducing the Children’s Climate Risk Index’ [CCRI] is UNICEF’s first focussed on children. Pakistan, Bangladesh, Afghanistan and India are among four South Asian countries where children are at extremely high risk of the impacts of the climate crisis, with a ranking of 14th, 15th, 25th and 26th respectively.