General Awareness Quiz for Bank Mains Exams 2023 -06th June

Q1. Which Small Finance Bank has announced that it has been granted permission by the Reserve Bank of India (RBI) to act as an authorized dealer in foreign exchange?
(a) Ujjivan Small Finance Bank
(b) AU Small Finance Bank
(c) Jana Small Finance Bank
(d) Suryodaya Small Finance Bank
(e) None of the above

Q2. The ‘Catch the Rain 2023’ campaign was introduced in New Delhi with a central idea about the sustainability of drinking water sources. Who introduced ‘Catch the Rain 2023’ campaign?
(a) Narendra Modi
(b) Droupadi Murmu
(c) Gajendra Singh Shekavat
(d) Uma Bharti
(e) None of the above

Q3. India’s Unified Payments Interface (UPI) is shortly to be connected to comparable networks in Indonesia, Mauritius, and the United Arab Emirates (UAE). In which year UPI was introduced in India?
(a) 2018
(b) 2016
(c) 2012
(d) 2019
(e) None of the above

Q4. Which of the shipbuilding company has launched INS Androth, a vessel claimed to be the “most silent ship in the country” for the Indian Navy?
(a) Cochin Shipyard Limited
(b) Goa Shipyard Limited
(c) Hindustan Shipyard
(d) Garden Reach Shipbuilders Limited
(e) None of the above

Q5. On which day the World Heritage Day or International Day for Monuments and Sites is observed to raise awareness of the significance of safeguarding cultural heritage?
(a) 22 April
(b) 18 April
(c) 5 April
(d) 10 April
(e) None of the above

Q6. Which nation is reportedly considering joining the ‘Climate Club,’ an environmental initiative started by the G7 to promote stronger climate action?
(a) USA
(b) France
(c) India
(d) Sweden
(e) None of the above

Q7. Which union ministry administers ‘Financial Assistance to Veteran Artists’ scheme to provide financial assistance to veteran artists of the country of the age of 60 years and above in the form of monthly artists’ pension?
(a) Ministry of Education
(b) Ministry of Skill and Development
(c) Ministry of Finance
(d) Ministry of Culture
(e) None of the above

Q8. With which country India has agreed to explore the possibility of accepting each other’s payment cards, RuPay and Mir, for hassle-free payments between the two countries?
(a) Russia
(b) Singapore
(c) South Africa
(d) Canada
(e) None of the above

Q9. The G20 is a global platform comprised of 20 of the largest economies that prioritizes policy discussions and financial stability. G20 spurs socioeconomic development in which of the following place?
(a) Chennai
(b) Ranchi
(c) Bhopal
(d) Kashmir
(e) None of the above

Q10. The Indian government has selected whom as the Managing Director (MD) of the Bank of India (BOI)?
(a) Alok Kumar Chodhary
(b) Rajneesh Karnatak
(c) Swaminathan J.
(d) Ashwini Kumar Tewari
(e) None of the abov

Solutions

S1. Ans (b)
Sol. AU Small Finance Bank has announced that it has been granted permission by the Reserve Bank of India (RBI) to act as an authorized dealer in foreign exchange.
The bank has received a license to operate as an Authorized Dealer Category-I (AD-I) under section 10 of FEMA, 1999.

S2. Ans (b)
Sol. The ‘Catch the Rain 2023’ campaign was introduced by President Droupadi Murmu in New Delhi.
The President emphasised that these issues—water scarcity and global warming—are consequences of it.

S3. Ans(b)
Sol. India’s Unified Payments Interface (UPI) is shortly to be connected to comparable networks in Indonesia, Mauritius, and the United Arab Emirates (UAE). UPI was introduced in 2016.
S4.Ans (d)
Sol. Garden Reach Shipbuilders and Engineers (GRSE), a shipbuilding company in India, has launched INS Androth, a vessel claimed to be the “most silent ship in the country” for the Indian Navy.
S5. Ans(b)
Sol. April 18th marks the observance of World Heritage Day, also referred to as International Day for Monuments and Sites.
The primary objective of this day is to raise awareness of the significance of safeguarding cultural heritage, including historical structures, landmarks, and archaeological locations, and to celebrate the variety of global heritage.

S6. Ans(c)
Sol. India is reportedly considering joining the ‘Climate Club,’ an environmental initiative started by the G7 to promote stronger climate action. The club’s three pillars are advancing ambitious and transparent climate policies, supporting substantial industrial decarbonisation, and encouraging international cooperation towards a just transition.

S7. Ans(d)
Sol. The Ministry of Culture administers a Scheme by the name of ‘Financial Assistance for Veteran Artists’ (erstwhile ‘Scheme for Pension and Medical Aid to Artistes’) to provide financial assistance to veteran artists of the country of the age of 60 years and above in the form of monthly artists’ pension.

S8. Ans(a)
Sol. India and Russia have agreed to explore the possibility of accepting each other’s payment cards, RuPay and Mir, for hassle-free payments between the two countries.

The decision was made during the latest meeting of the Internal Governmental Commission on Trade, Economic, Scientific, Technological, and Cultural Cooperation (IRIGC-TEC), which was jointly chaired by External Affairs Minister of India S Jaishankar and Russia’s Deputy Prime Minister Denis Manturov.

S9. Ans(d)
Sol. G20 spurs socioeconomic development in Kashmir. Collectively, the G20 accounts for a significant portion of the world economy, with a combined GDP of approximately USD 82.8 trillion, representing 74% of the world’s total GDP for 2020 according to data from the World Bank.

S10. Ans(b)
Sol. The Indian government has selected Rajneesh Karnatak as the Managing Director (MD) of the Bank of India (BOI). Karnatak currently serves as the Executive Director of the Union Bank of India.

As per the announcement, he will take up the role of MD & CEO of Bank of India for a period of three years, starting from the date he assumes office or until further instructions.