GA Revision for Banking and Other Exams – 1067

1. The 20th SCO Council of Heads of Government meeting held In which country?
   A) Afghanistan
   B) China
   C) Indonesia
   D) Kazakshtan
   
   
   

   
   Option D
   Explanation: External affairs minister (EAM) S Jaishankar attended the 20th meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of Government (CHG).The meeting was held under the chairmanship of Kazakhstan. The meeting was held in Nur-Sultan in a virtual format.

   
   
2. Which country to host COP26 United Nations Climate Change Conference?
   A) Scotland
   B) UK
   C) France
   D) USA
   
   
   

   
   Option A
   Explanation: The UK hosted the COP26 United Nations Climate Change Conference in Glasgow, Scotland from October 31 to November 12.

   
   
3. What is the metric that measures how long a firm will be deprived of cash if it increases its investment in resources in order to expand customer sales known as?
   A) Quick ratio
   B) Accounts payable turnover
   C) Days payable outstanding
   D) Cash conversion cycle
   
   
   

   
   Option D
   Explanation: In management accounting, the Cash conversion cycle (CCC) measures how long a firm will be deprived of cash if it increases its investment in resources in order to expand customer sales. It is thus a measure of the liquidity risk entailed by growth.

   
   
4. SIDBI signs MoU to develop MSME ecosystem with which state?
   A) Uttar Pradesh
   B) Maharashtra
   C) West Bengal
   D) Uttar Pradesh
   
   
   

   
   Option C
   Explanation: SIDBI has signed a memorandum of understanding with the government of West Bengal to develop the MSME ecosystem in the state, a SIDBI official said. As per the MoU a project management unit (PMU) of SIDBI will work with the state government.

   
   
5. Which company announced its partnership with deep-tech startup TropoGo for the distribution of a drone Insurance product?
   A) IDBI Federal
   B) Bajaj Allianz Insurance
   C) ICICI Prudential
   D) MAX Bupa
   
   
   

   
   Option B
   Explanation: Bajaj Allianz General Insurance announced its partnership with deep-tech startup TropoGo for the distribution of a drone Insurance product.

   
   
6. With which country,India conducted a trilateral exercise Konkan Shanti 21?
   A) Russia
   B) France
   C) USA
   D) UK
   
   
   

   
   Option D
   Explanation: The sea phase of the maiden bilateral tri-service exercise ‘Konkan Shakti 2021’ between the UK and Indian Armed Forces commenced off the Konkan coast in the Arabian Sea.

   
   
7. Which bank has entered into a co-lending arrangement with Lendingkart Finance Limited as part of its efforts to improve the flow of credit to the unserved and underserved sector of the economy?
   A) PNB
   B) BOB
   C) IOB
   D) IDBI
   
   
   

   
   Option A
   Explanation: Punjab National Bank (PNB) has entered into a co-lending arrangement with Lendingkart Finance Limited as part of its efforts to improve the flow of credit to the unserved and underserved sector of the economy.

   
   
8. What is the name of World’s First Multimodal Brain Imaging Data and Analytics, Developed at DBT-National Brain Research Centre, Haryana?
   A) ATMNIRBHAR
   B) AGNI
   C) NIRAV
   D) SWADESH
   
   
   

   
   Option D
   Explanation: The Union Minister of State (Independent Charge) for the Ministry of Science and Technology, Dr Jitendra Singh inaugurated Project SWADESH. The project SWADESH is a first of its kind large-scale multimodal neuroimaging database designed specifically for the Indian population.

   
   
9. How much amount of loan was signed between Indian and Asian Development Bank to support urban mobility in Mizoram?
   A) $5.2 million
   B) $4.8 million
   C) $4.5 million
   D) $3.0 million
   
   
   

   
   Option C
   Explanation: The Centre and the Asian Development Bank signed a 4.5 million dollar project readiness financing PRF loan to support project preparation and design activities to improve urban mobility in Aizawl, the capital city of the northeastern state of Mizoram.

   
   
10. Banks must apply LEF at the same level as the risk-based capital requirements are applied. What does L stands for in LEF?
    A) Large
    B) Liquidity
    C) Liability
    D) Loan
    
    
    

    
    Option A
    Explanation: LEF- Large Exposures Framework

    
    
11. As per government data,how many percent growth in the volume of digital transactions were registered in the country during the last three years?
    A) 85%
    B) 95%
    C) 88%
    D) 90%
    
    
    

    
    Option C
    Explanation: 88 percent growth in the volume of digital transactions were registered in the country during the last three years. This was stated by Union Minister of State for Finance Dr. Bhagwat Kisanrao Karad in a written reply in the Rajya Sabha.

    
    
12. Which country successfully launched a new testing satellite named Shiyan 11?
    A) USA
    B) Australia
    C) Mongolia
    D) China
    
    
    

    
    Option D
    Explanation: The Shiyan-11 satellite was launched aboard a Kuaizhou-1A carrier rocket from the Jiuquan Satellite Launch Centre in the Gobi Desert in Inner Mongolia.

    
    
13. Which bank crossed the market capitalisation of Hindustan Unilever to become the fifth largest company by market value?
    A) ICICI Bank
    B) HDFC Bank
    C) SBI
    D) PNB
    
    
    

    
    Option A
    Explanation: Private sector lender ICICI Bank crossed the market capitalisation of Hindustan Unilever to become the fifth largest company by market value.

    
    
14. Where is the headquarters of Food Safety and Standards Authority of India situated?
    A) Mumbai
    B) New Delhi
    C) Pune
    D) Chennai
    
    
    

    
    Option B
    Explanation: Founded - August 2011, Chairperson - Rita Teaotia

    
    
15. As per government report, AYUSH market has grown at how much percent in 2014-20 to reach 18 billion dollars?
    A) 19%
    B) 14%
    C) 15%
    D) 17%
    
    
    

    
    Option D
    Explanation: Government has said that the market size of Ayush has grown by 17 percent during 2014 to 2020 to reach 18.1 billion dollars.