General Awareness Quiz for Bank Mains Exams 2023-08th November

Q1. Cricketer Wahab Riaz recently announced retirement from International Cricket. Which international cricket team did Wahab Riaz play for?

(a) Zimbabwe
(b) Sri Lanka
(c) Pakistan
(d) Afghanistan
(e) South Africa

Q2. Vallampadugai Srinivasa Raghavan Arunachalam passed away recently. Which industry did Vallampadugai Srinivasa Raghavan Arunachalam work in?

(a) Politics
(b) Singing
(c) Acting
(d) Writing
(e) Science

Q3. Recently (In August 2023), Life Insurance Corporation of India (LIC), an Indian multinational public sector life insurance company, acquired a 6.66% shareholding in which among the following?

(a) Venmo Private Limited
(b) Squares
(c) Max Financial Services
(d) Bajaj Finserv
(e) Jio Financial Services

Q4. What is the name of the first indigenous e-Tractor developed by the Central Mechanical Engineering Research Institute (CMERI), Durgapur, and launched by Union Minister of State Jitendra Singh?

(a) CSIR Special ET11
(b) CSIR Prima ET11
(c) CSIR Precious ET11
(d) CSIR Steller ET11
(e) CSIR Star ET11

Q5. Who won the Formula1 (F1) Qatar Airways Hungarian Grand Prix 2023, held in Budapest, Hungary?

(a) Lewis Hamilton
(b) Max Verstappen
(c) Sergio Perez
(d) C Leclerc
(e) G Russell

Q6. The Kerala University of Fisheries and Ocean Studies (Kufos) has secured a grant from NITI Aayog to establish India’s first Atal Incubation Centre (AIC) in fisheries at the University. How much money has been awarded by NITI Aayog as a grant?

(a) Rs 1 Crore
(b) Rs 5 Crores
(c) Rs 2 Crores
(d) Rs 10 Crores
(e) Rs 15 Crores

Q7. Which among the following banknotes has the motif of Red Fort on the reverse?

(a) Rs. 100
(b) Rs. 200
(c) Rs. 500
(d) Rs. 10
(e) Rs. 2000

Q8. In which year, the Reserve Bank stopped acting as a banker to the Government of Burma?

(a) 1946
(b) 1947
(c) 1948
(d) 1949
(e) 1950

Q9. IFTAS is a wholly-owned subsidiary of the Reserve Bank of India, that designs, deploys & provides the essential IT-related services, required by the Reserve Bank of India, banks, and financial institutions. What does ‘A’ stand for in IFTAS?

(a) Alliance
(b) Allied
(c) Assisted
(d) Assistant
(e) Administer

Q10. Which Fintech Company announced its tie-up with Grameen Foundation for Social Impact (GFSI), a non-profit to uplift underserved communities, to upskill 1.5 lakh business correspondents (BC) in rural areas?

(a) Pine Labs
(b) Fiserv
(c) Stripe
(d) Paytm
(e) PayNearby

Solutions

S1. Ans. (c)
Sol. Pakistani Cricketer Wahab Riaz recently announced retirement from International Cricket.

S2. Ans. (e)
Sol. Indian Scientist and Former Director General of the Defence Research and Development Organisation (DRDO), Vallampadugai Srinivasa Raghavan Arunachalam passed away.

Details:

• He became the first Defence Research and Development Organisation (DRDO) scientist to head the DRDO.
  Defence Research & Development Organisations (DRDO):

• The Defence Research and Development Organisation is the premier agency under the Department of Defence Research and Development in the Ministry of Defence of the Government of India, charged with the military’s research and development.
• Founded: 1958
• Headquarters: New Delhi

S3. Ans. (e)
Sol. Life Insurance Corporation of India (LIC), the state-run insurance behemoth, announced that it has acquired 6.66% shareholding in Jio Financial Services Ltd. (JFSL).
Details:

• LIC holds a 6.49% stake in Reliance Industries as of June 30, 2023.
• Jio Financial Services Limited (JFSL), formerly known as Reliance Strategic Investments Limited, the demerged financial arm of Reliance Industries, made its stock market debut on August 21.

S4. Ans. (b)
Sol. CSIR Prima ET11 is the first indigenous e-tractor developed by the Central Mechanical Engineering Research Institute (CMERI), Durgapur.

S5. Ans. (b)
Sol. Max Verstappen cruised to an historic victory at the 2023 Hungarian Grand Prix, Round 11 of the 2023 Formula 1 World Championship, the 38th edition of the race at Hungaroring, in Budapest.
The win is Verstappen’s 44th in Formula 1.

S6. Ans. (d)
Sol. The Kerala University of Fisheries and Ocean Studies (Kufos) has secured a grant of ₹10 crore from NITI Aayog to establish India’s first Atal Incubation Centre (AIC) in fisheries at the University.
Details:
The grant will foster a culture of innovation and technological advancement.

S7. Ans. (c)
Sol. Rs 500 note has the motif of Red Fort- an image of an Indian heritage site with the Indian flag on the reverse.
Details:

• RBI issued Rs. 500 denomination banknotes in Mahatma Gandhi (New) Series with inset letter ‘E’ in both the number panels, bearing the signature of Dr. Urjit R. Patel, Governor, RBI.
• Swachh Bharat Logo printed on the reverse of the Banknote.
• The principal features are:

1. Size is 66mm x150mm
2. The colour is stone grey
3. Red Fort-an image of an Indian heritage site with the Indian flag on the reverse.

S8. Ans. (b)
Sol. In 1947, the Reserve Bank stopped acting as a banker to the Government of Burma.

S9. Ans. (b)
Sol. IFTAS stands for “Indian Financial Technology & Allied Services”.
Details:

• Indian Financial Technology & Allied Services (IFTAS) is a wholly-owned subsidiary of the Reserve Bank of India, that designs, deploys & provides the essential IT-related services, required by the Reserve Bank of India, banks, and financial institutions.
• IFTAS was established in February 2015 by the Institute for Development and Research in Banking Technology (IDRBT), an autonomous organization funded by the Reserve Bank of India, in pursuance of the recommendation of the Rangarajan Committee (2009).

S10. Ans. (e)
Sol. Fintech company PayNearby announced its tie-up with Grameen Foundation for Social Impact (GFSI), a non-profit to uplift underserved communities, to upskill 1.5 lakh business correspondents (BC) in rural areas.
Details:

• The BCs will provide digital and financial services beyond cash-in/cash-out to the underserved and tech-shy last-mile population.
• The collaboration will launch a two-year pan-India project ‘Scaling Agent Viability and Quality in India’ supported by the Bill and Melinda Gates Foundation (BMGF) to also enlist 15,000 women BCs through the required skills, knowledge and support.