General Awareness Quiz for Bank Mains Exams 2023 -13th May

Q1. In the midst of an economic crisis, India has decided to extend a ________________credit line to Sri Lanka for another year, providing the much-needed funds to pay for essential imports.
(a) $550 million
(b) $200 million
(c) $1 Billion
(d) $10 Billion
(e) None of the above

Q2. The Australian High Commission in India has recently announced its government grant for a project in Kargil. Who is the high commissioner of Australia to India?
(a) Kristina Keneally
(b) Barry O’Farrell
(c) Nick Greiner
(d) Bruce Cowan
(e) None of the above

Q3. As per announcement made by American regulators First Republic Bank had been taken over and that an agreement had been reached to sell the bank to which of the following?
(a) Goldman Sachs
(b) Morgan Stanley
(c) JPMorgan Chase & Co
(d) Wells Fargo
(e) None of the above

Q4. Which of the following country in the world led as the top source market for Sri Lanka’s tourism sector for the month of April 2023?
(a) France
(b) USA
(c) Russia
(d) India
(e) None of the above

Q5. Santiago Pena wins Paraguay vote, keeps rightwing party in power. In which continent Paraguay is situated?
(a) Asia
(b) Europe
(c) North America
(d) South America
(e) None of the above

Q6. What is the name of a man who won the ‘Nobel Prize of computing’ for his work on neural networks and is known as the godfather of AI, is now speaking against the dangers of artificial intelligence.
(a) Alan Turing
(b) Sergey Brin
(c) Geoffrey Hinton
(d) Larry Page
(e) None of the above

Q7. According to the latest report from global media watchdog Reporters Without Borders (RSF), which country ranked first in the 2023 World Press Freedom Index?
(a) Italy
(b) Denmark
(c) USA
(d) Norway
(e) None of the above

Q8. Sberbank has developed a technology named GigaChat to compete with ChatGPT in the artificial intelligence chatbot race. Sberbank is based in which country?
(a) Singapore
(b) Egypt
(c) Russia
(d) Sweden
(e) None of the above

Q9. Which country has made history by becoming the first country to approve a highly effective malaria vaccine developed by scientists at the University of Oxford in the UK?
(a) Ghana
(b) India
(c) Japan
(d) USA
(e) None of the above

Q10. Which of the country has introduced a new e-visa system to replace traditional visa stickers on passports is with an aim of digitizing consular services and creating a new way to issue work, residency, and visit visas in seven countries: Jordan, United Arab Emirates (UAE), Egypt, India, Bangladesh, the Philippines, and Indonesia?
(a) USA
(b) Saudi Arabia
(c) Japan
(d) Russia
(e) None of the above

Solutions

S1. Ans(c)
Sol. In the midst of an economic crisis, India has decided to extend a $1 billion credit line to Sri Lanka for another year, providing the much-needed funds to pay for essential imports. The credit line is part of the $4 billion emergency assistance extended by India to Sri Lanka during its peak crisis time last year.

S2. Ans (b)
Sol. The announcement was made during a special meeting at Srinagar, which was chaired by the Australian high commissioner to India, Barry O’Farrell.
This is a first-time initiative in the history of Ladakh, and it is expected to provide immense benefits to the region.

S3. Ans(c)
Sol. American regulators announced that First Republic Bank had been taken over and that an agreement had been reached to sell the bank to JPMorgan Chase & Co. This marks the third major U.S. financial institution to fail in just two months.

S4.Ans (d)
Sol. India led as the top source market for Sri Lanka’s tourism sector for the month of April 2023. India regained the top spot after six months as almost 20,000 Indian tourists arrived in the island nation last month.

Sri Lanka’s Tourism Authority figures showed that 19,915 Indians had visited the island in April over 14,656 Russian tourist arrivals.

S5. Ans(d)
Sol. Paraguay is situated in South America continent.
The election result has raised concerns about corruption within Paraguay’s political system, as the Colorado Party has been in power for almost eight decades and has been tainted by graft allegations.

S6. Ans(c)
Sol. Geoffrey Hinton, the man who won the ‘Nobel Prize of computing’ for his work on neural networks and is known as the godfather of AI, is now speaking against the dangers of artificial intelligence.
Hinton, alongside two other so-called godfathers of AI bagged the Turing Award in 2018 for their trailblazing work in artificial intelligence, recently quit his job at Google.

S7. Ans(d)
Sol. According to the latest report from global media watchdog Reporters Without Borders (RSF), India has slipped to the 161st position out of 180 countries in the 2023 World Press Freedom Index.
The report was released by RSF, and it indicates a decline in India’s ranking for press freedom. Nordic countries like Norway, Ireland, and Denmark ranked top three respectively while Vietnam, China, and North Korea were the bottom three countries on the index.

S8. Ans(c)
Sol. Sberbank has developed a technology named GigaChat to compete with ChatGPT in the artificial intelligence chatbot race. Initially available in an invite-only testing mode, GigaChat stands out with its ability to communicate more intelligently in Russian than other foreign neural networks.

The release of Microsoft-backed OpenAI’s ChatGPT last year has spurred the technology industry to incorporate AI further into users’ hands to reshape how people work and win business.

S9. Ans(a)
Sol. Ghana has made history by becoming the first country to approve a highly effective malaria vaccine developed by scientists at the University of Oxford in the UK.

The vaccine, called R21/Matrix-M, has exceeded the World Health Organization’s target of 75% efficacy, making it a significant milestone in the fight against malaria.

S10. Ans(b)
Sol. India among seven countries to benefit from Saudi Arabia’s new e-visa system.

The initiative, which began in May 2023, is aimed at digitizing consular services and creating a new way to issue work, residency, and visit visas in seven countries: Jordan, United Arab Emirates (UAE), Egypt, India, Bangladesh, the Philippines, and Indonesia. The move comes as part of efforts to automate consular services and “develop a mechanism for granting different kinds of visas”.