GA Revision for Banking and Other Exams – 1065

1. In September 2021, India signed an MoU with which country for enhancing export potential of Ayurvedic & other Indian traditional medicine products?
   A) USA
   B) Australia
   C) Canada
   D) Netherlands
   
   
   

   
   Option A
   Explanation: The Pharmacopoeia Commission for Indian Medicine has signed MoU with Homoeopathy and the American Herbal Pharmacopoeia, USA.

   
   
2. Where is the HQ of United Nations Conference on Trade and Development situated?
   A) Berlin, Germany
   B) Geneva, Switzerland
   C) California, USA
   D) Rome, Italy
   
   
   

   
   Option B
   Explanation: The United Nations Conference on Trade and Development was established in 1964 as an intergovernmental organization intended to promote the interests of developing states in world trade. UNCTAD is the part of the United Nations Secretariat dealing with trade, investment, and development issues. The name of the Secretary-General is Rebeca Grynspan.

   
   
3. Which word was named as word of the year 2021 by Collin’s Dictionary?
   A) Covid
   B) Bit
   C) Coin
   D) NFT
   
   
   

   
   Option D
   Explanation: Collins Dictionary announced that its Word of the Year is “NFT” — digital assets that exploded in popularity this year along with the rise of cryptocurrencies.

   
   
4. Recently which state inaugurated the River Festival 2021?
   A) Uttarakhand
   B) Uttar Pradesh
   C) Puducherry
   D) Madhya Pradesh
   
   
   

   
   Option C
   Explanation: Puducherry Lieutenant Governor Dr Tamilisai Soundararajan inaugurated the River Festival 2021 at the villyanur Thirukanchi Temple.

   
   
5. The Union Cabinet approved the Production-linked Incentive (PLI) Scheme for Automobile and Drone Industries with a budgetary outlay of how much amount?
   A) Rs 22,365 cr
   B) Rs 18,187 cr
   C) Rs 14,934 cr
   D) Rs 26,058 cr
   
   
   

   
   Option D
   Explanation: The Union Cabinet approved the Production-linked Incentive (PLI) Scheme for Automobile and Drone Industries with a budgetary outlay of 26 thousand 58 crore rupees. Information and Broadcasting Minister Anurag Thakur said, a sum of 25 thousand 938 crore rupees for the auto sector and 120 crore rupees have been allocated for Drone Industry.

   
   
6. As per World Benchmarking Alliance (WBA),which country is best in South and South-East Asia that attracts most investments in the domestic seed sector from the global seed industry?
   A) India
   B) Bhutan
   C) Bangladesh
   D) China
   
   
   

   
   Option A
   Explanation: India is among the six countries countries in South and South-East Asia that attracts most investments in the domestic seed sector from the global seed industry.

   
   
7. What amount has been sanctioned by the Karnataka Government to introduce integrated farming in all the gram panchayats by 2023?
   A) ₹7500 cr
   B) ₹5685 cr
   C) ₹7234 cr
   D) ₹7000 cr
   
   
   

   
   Option C
   Explanation: Karnataka Agriculture minister B C Patil has informed that a sum of Rs. 7234 crore is sanctioned by the Government to introduce integrated farming in all the gram panchayats by 2023.

   
   
8. In October 2021, Comptroller and Auditor General of India have signed a memorandum of understanding with which country to strengthen the audit process of public finance?
   A) Maldives
   B) Myanmar
   C) Nepal
   D) Bhutan
   
   
   

   
   Option A
   Explanation: Comptroller and Auditor General of India and Auditor General of Maldives have signed a memorandum of understanding to strengthen the audit process of public finance. The MoU was signed by Girish Chandra Murmu, CAG of India and Hussain Niyazy, Auditor General of Maldives in Male.

   
   
9. Railways to launch how many theme-based Bharat Gaurav trains showcasing India’s heritage, culture?
   A) 200
   B) 185
   C) 180
   D) 190
   
   
   

   
   Option D
   Explanation: After freight and passenger segments, the railways is set to begin a third segment dedicated to the tourism sector and launch a set of around 190 theme-based trains called Bharat Gaurav trains, minister Ashwini Vaishnaw said.

   
   
10. The aggregate exposure limit of all banks towards the PCE for a given bond issue has been capped at 20 per cent of the bond issue size. What does P stands for in PCE?
    A) Partial
    B) Primary
    C) Progressive
    D) Prompt
    
    
    

    
    Option A
    Explanation: Partial Credit Enhancement (PCE).

    
    
11. Government has extended the Credit Guarantee Scheme for Subordinate Debt upto which month and year?
    A) 30th March,2022
    B) 1st April,2022
    C) 31st March,2022
    D) 1st December,2022
    
    
    

    
    Option C
    Explanation: Government has extended the Credit Guarantee Scheme for Subordinate Debt upto 31st of March next year.

    
    
12. The Harry Vardon Trophy is related to which sports?
    A) Golf
    B) Cricket
    C) Hockey
    D) Badminton
    
    
    

    
    Option A
    Explanation: It is one of the oldest continuously awarded trophies in men’s professional golf since 1937.

    
    
13. A sub¬standard asset is one, which has remained NPA for a period less than or equal to ____ months?
    A) 12
    B) 24
    C) 06
    D) 48
    
    
    

    
    Option A
    Explanation: Substandard assets which has remained NPA for a period less than or equal to 12 months.

    
    
14. Who will be the chairperson of the National Steering Committee that has been formed to implement NIPUN Bharat Mission?
    A) Narendra Modi
    B) Amit Shah
    C) Rajnath Singh
    D) Dharmendra Pradhan
    
    
    

    
    Option D
    Explanation: The Union government has set up a National Steering Committee (NSC) for implementation of the NIPUN Bharat Mission. The Union Education Minister, Shri Dharmendra Pradhan will be the Chairperson of the NSC and Minister of State for Education, Smt. Annpurna Devi will be the Vice-Chairperson.

    
    
15. Which institute hosted the fifth World Congress on Disaster Management?
    A) IIT Jammu
    B) IIT Kanpur
    C) IIT Delhi
    D) IIM Ahmedabad
    
    
    

    
    Option C
    Explanation: The fifth World Congress on Disaster Management on the overarching theme of “Technology, Finance and Capacity for Building Resilience to Disasters in the Contexts of Covid-19” was organised the IIT Delhi campus.