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GA Questions Asked in IBPS PO Mains 2024

In the IBPS PO Mains Exam 2024, the General Awareness (GA) section plays an important role in evaluating the knowledge of the candidates. This section focuses on topics such as current affairs, banking and financial awareness, static general knowledge, and major national and international events. Success in this section significantly impacts the final selection process, as it measures the candidate’s familiarity with the banking sector and awareness about ongoing developments. To perform well, candidates must stay informed about the latest news, government initiatives, and other relevant updates. In this article, we will provide information about GA Questions Asked in IBPS PO Mains 2024.

GA Questions Asked in IBPS PO Mains 2024

Preparing for the General Awareness (GA) section in the IBPS PO Mains exam requires constant effort and a strategic approach. It is essential to keep up with current affairs through newspapers, magazines and reliable online sources. Candidates should also focus on understanding banking terminology and economic concepts by referring to standard textbooks or digital materials. Practising previous years question papers and taking mock tests regularly can further improve performance and boost confidence for the exam. Here is the General Awareness (GA) questions asked in IBPS PO Mains 2024 exam.

Q1. What is the prize money for the Booker Prize?

Answer: 50,000 Euro

Q2. Who is the director of the Oscar entry film “Lapata Ladies” from India?

Answer: Kiran Rao

Q3. What is the minimum net-owned fund requirement for an NBFC?

Answer: 10 Crore

Q4. What was the penalty imposed on the recent NBFCs (Ashirwaad, Arohan, Navi, DMI) in October?

Answer: Navi Finserv, Asirvad Microfinance, Arohan Financial Services, and DMI Finance

Q5. What is the maximum limit for UPI123 Pay and UPI Lite Wallet?

Answer: The maximum limit for UPI 123 Pay is ₹10,000 per transaction, and the maximum limit for UPI Lite Wallet is ₹5,000.

Q6. What is the investment limit for F&O (Futures and Options) according to SEBI?

Answer:₹7,500 crore or 15 per cent of the total open interest (OI) in the market, whichever is higher. Earlier it was ₹500 crore or 15 per cent of the total OI in the market.

Q7. What is the paid-up capital requirement for an NBFC as per RBI?

Answer: 5 Crore

Q8. What is the Common Equity Tier 1 (CET1) ratio limit set by RBI?

Answer: The Reserve Bank of India (RBI) requires banks to maintain a minimum Common Equity Tier 1 (CET1) ratio of 8%.

Q9. What is the capital adequacy ratio required for Urban Cooperative Banks (UCBs)?

Answer: 9%

Q10. Which small finance bank recently merged with North East Small Finance Bank?

Answer: Slice

Q11. What is the maximum interest rate for the Sukanya Samriddhi Yojana scheme?

Answer: 8.2%

Q12. In which year is ISRO’s Orbital Venus Mission expected to launch?

Answer: 2028

Q13. Which bank has partnered for technology implementation in rural areas?

Answer: NPST, India’s leading listed Fintech providing banking and payment technology and solutions, announced it has secured orders from Kerala Gramin Bank and Karnataka Gramin Bank for its banking Superapp.

Q14. Which bank recently opened a branch in Singapore?

Answer: ICICI Bank

Q15. Which Australian university has opened a campus in GIFT City?

Answer:  Australia’s University of Wollongong

Q16. What is the target for the Small Finance Bank’s PSL (Priority Sector Lending) as per recent guidelines?

Answer: 75% of total credit

Q17. Which bank is associated with the “Lakh Pati Didi” scheme?

Answer: State Bank of India (SBI)

Q18. Which list is India’s biodiversity conservation in the top 5 countries for?

Answer: According to the Option

Q19. Who won the 2024 Asian Women’s Handball Championship held in Bihar?

Answer: India

Q20. What is ISRO’s Pushpak mission related to?

Answer: According to Options

Q21. Which 12 PSB Banks recorded the highest profits for FY 2024?

Answer: SBI

Q22. What is the maximum loan limit for SC/ST individuals under the TReDS scheme?

Answer: 10 Lakhs

Q23. What is the CRAR (Capital to Risk-weighted Assets Ratio) set for Urban Cooperative Banks?

Answer:  UCBs shall achieve the CRAR of at least 10 per cent by March 31, 2024, 11 per cent by March 31, 2025, and 12 per cent by March 31, 2026.

Q24. Which company manufactures the Vande Bharat train in India?

Answer: Integral Coach Factory (ICF)

Q25. What does LIDAR, “R”stand for in technology?

Answer: Light Detection and Ranging

Q26. What is the minimum CRAR set by RBI for banks?

Answer: 9%

Q27. What is the current market capitalization of GeM (Government e-Marketplace)?

Answer:  As of 10 February 2023 GeM INR 3.50 lakh Crores order value & in current Financial Year, GeM has already crossed 1.5 Lakh Crores of order value.

Q28. What is the minimum holding period for KYC compliance in India?

Answer: According to the Options

Q29. What is the National Mission for Hydrogen (NMH) targeted towards?

Answer: Green Hydrogen production and adoption

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FAQs

Why is the General Awareness (GA) section important in the IBPS PO Mains Exam?

The GA section is crucial as it assesses a candidate’s knowledge of current affairs, banking, financial awareness, and static general knowledge, all of which are vital for success in the exam and for a career in the banking sector.

What topics are covered under the GA section of IBPS PO Mains 2024?

The GA section includes topics like current affairs, banking and financial awareness, static general knowledge, and significant national and international events.

How can candidates improve their performance in the GA section?

To improve their performance, candidates should practice solving previous year’s question papers, take mock tests regularly, and stay informed about the latest news and government initiatives.

Are mock tests helpful for preparing for the GA section of the IBPS PO Mains Exam?

Yes, mock tests are highly beneficial as they help candidates assess their preparation, improve time management, and build confidence in tackling GA questions during the exam.

What types of questions can candidates expect in the GA section of IBPS PO Mains 2024?

Candidates can expect questions based on recent events, banking terminology, government schemes, static GK, and important national and international occurrences. These questions may be factual or based on analysis of current affairs.