General Awareness Quiz for Bank Mains Exams 2023-03rd September

Q1. The Indian government and the Asian Development Bank (ADB) have joined hands for a $295-million loan to enhance infrastructure in ________ state.

(a) Tripura

(b) Punjab

(c) Andhra Pradesh

(d) Bihar

(e) None of the above

Q2. Which life insurance company has announced a strategic partnership with DCB Bank Ltd. to provide a diverse range of life insurance products to DCB Bank’s customers, including term, savings, and retirement plans, enabling them to secure their financial future and expand their investment portfolio?

(a) HDFC Life Insurance

(b) Max Life Insurance

(c) SBI Life Insurance

(d) Life Insurance Company

(e) None of the above

Q3. Which country signed an agreement with India to allow cross-border digital payments through e-wallets to boost trade and tourism between the two countries by eliminating currency exchange issues?

(a) Singapore

(b) Nepal

(c) England

(d) Japan

(e) None of the above

Q4. USA’s General Electric (GE) Aerospace has signed a MoU with which Indian aerospace company to produce fighter jet engines?

(a) Bharat Electronics Limited

(b) Tata Advanced Systems

(c) Hindustan Aeronautical Limited

(d) Bharat Dynamics Limited

(e) None of the above

Q5. The Unique Identification Authority of India (UIDAI) has partnered with which Indian institute to develop a touch-less biometric capture system that is easy to use and accessible from anywhere?

(a) IIT Bombay

(b) IISc Bangalore

(c) IIT Madras

(d) IIM Ahmedabad

(e) None of the above

Q6. MakeMyTrip, leading travel portal announced a collaboration with which of the tech giant to bring travel planning to a wider audience through the introduction of voice-assisted booking in Indian languages?

(a) Infosys

(b) Google

(c) Microsoft

(d) HCL Tech

(e) None of the above

Q7. The Government of India and the Asian Development Bank (ADB) have signed a _________ loan agreement to support initiatives aimed at increasing agricultural productivity, improving irrigation access, and promoting horticulture agribusinesses in Himachal Pradesh.

(a) $220 million

(b) $130 million

(c) $50 million

(d) $400 million

(e) None of the above

Q8. National Anti-Doping Agency (NADA) India and the South Asia Regional Anti-Doping Organization (SARADO) joined forces through a Memorandum of Understanding (MoU) aimed at strengthening regional cooperation in anti-doping efforts. When NADA was founded?

(a) 2005

(b) 2012

(c) 1980

(d) 1995

(e) None of the above

Q9. India and the United Arab Emirates (UAE) have set an ambitious target to increase their non-oil bilateral trade from the current USD 48 billion to USD 100 billion by which of the following year?

(a) 2030

(b) 2040

(c) 2047

(d) 2050

(e) None of the above

Q10. India and Singapore recently signed a protocol document to extend their memorandum of understanding in various sectors such as promoting administrative reforms, public sector transformation, and capacity building for _______more years.

(a) 7 years

(b) 3 years

(c) 5 years

(d) 10 years

(e) None of the above

Solutions

S1. Ans (d)

Sol. The Indian government and the Asian Development Bank (ADB) have joined hands once again to enhance infrastructure in Bihar. Through a $295-million loan, the project aims to upgrade approximately 265 km of state highways in Bihar, incorporating climate and disaster-resilient designs and road safety measures.

S2. Ans (b)

Sol. Max Life Insurance Company Ltd. has announced a strategic partnership with DCB Bank Ltd., a new-generation private sector bank in India. The collaboration aims to provide a diverse range of life insurance products to DCB Bank’s customers, including term, savings, and retirement plans, enabling them to secure their financial future and expand their investment portfolio.

S3. Ans(b)

Sol. Nepal and India are preparing to sign an agreement to allow cross-border digital payments through e-wallets, a move that is expected to boost trade and tourism between the two countries by eliminating currency exchange issues.

S4. Ans (c)

Sol. In a significant development during Prime Minister Narendra Modi’s state visit to the United States, General Electric (GE) Aerospace has signed a Memorandum of Understanding (MoU) with Hindustan Aeronautics Limited (HAL), a state-run Indian aerospace company. The MoU paves the way for the joint production of fighter jet engines for the Indian Air Force (IAF) and signifies a new era in the India-US partnership.

This agreement holds immense strategic importance, as while many countries manufacture their own fighter aircraft, only a select few possess the advanced technology required to produce jet engines.

S5. Ans(a)

Sol. The Unique Identification Authority of India (UIDAI) has partnered with the Indian Institute of Technology-Bombay (IIT-Bombay) to develop a touchless biometric capture system that is easy to use and accessible from anywhere.

S6. Ans(c)

Sol. MakeMyTrip, a leading travel portal announced a collaboration with Microsoft to bring travel planning to a wider audience through the introduction of voice-assisted booking in Indian languages.

The new technology stack incorporates Microsoft Azure OpenAI Service and Azure Cognitive Services to enable personalized travel recommendations for users based on their preferences.

S7. Ans(b)

Sol. The Government of India and the Asian Development Bank (ADB) have signed a $130 million loan agreement to support initiatives aimed at increasing agricultural productivity, improving irrigation access, and promoting horticulture agribusinesses in Himachal Pradesh.

S8. Ans(a)

Sol. National Anti-Doping Agency (NADA) was founded on 24 November 2005.

S9. Ans(a)

Sol. India and the United Arab Emirates (UAE) have set an ambitious target to increase their non-oil bilateral trade from the current USD 48 billion to USD 100 billion by 2030.

The decision was reached during the first meeting of the Joint Committee of India-UAE Comprehensive Economic Partnership Agreement (CEPA).

S10. Ans(c)

Sol. The Department of Administrative Reforms and Public Grievances of India and the Public Service Division of the Republic of Singapore recently signed a protocol document to extend their memorandum of understanding for five more years until 2028.