General Awareness Quiz for Bank Mains Exams 2023 -14th August

Q1. Which state government launched ‘Sinh Suchna’ app for tracking lions empowers individuals to directly report lion sightings to the forest department?
(a) West Bengal
(b) Gujarat
(c) Tamil Nadu
(d) Karnataka
(e) None of the above

Q2. Max Life Insurance Company Ltd. has announced a strategic partnership with which bank to provide a diverse range of life insurance products to that Bank’s customers
(a) Karnataka Bank
(b) DCB Bank
(c) Federal Bank
(d) ICICI Bank
(e) None of the above

Q3. In a significant milestone for the AI industry, Odisha TV, an Odia-based news station, has unveiled India’s first regional AI news anchor. What is the name of India’s first regional AI news anchor?
(a) Lisa
(b) Aasha
(c) Disha
(d) Jigyasha
(e) None of the above

Q4. According to the Henley Passport Index, which country now holds the title of the world’s most powerful passport with granting visa-free access to 192 out of 227 global travel destinations?
(a) Japan
(b) Singapore
(c) Germany
(d) USA
(e) None of the above

Q5. Which Indian state topped the third edition of the NITI Aayog’s Export Preparedness Index 2022 with an overall score of 80.89?
(a) Maharashtra
(b) Karnataka
(c) Tamil Nadu
(d) West Bengal
(e) None of the above

Q6. In Financial Year (FY) 2022-23, the Pradhan Mantri MUDRA Yojana (PMMY) has achieved a significant milestone by sanctioning over 6.23 crore loans. What is the maximum amount given as a loan under PMMY?
(a) Rs. 2 Lakh
(b) Rs. 5 lakh
(c) Rs. 10 Lakh
(d) Rs. 20 Lakh
(e) None of the above

Q7. Which country has joined the Champions Group of the Global Crisis Response Group (GCRG) at the invitation of the UN Secretary-General?
(a) Ecuador
(b) Afghanistan
(c) Germany
(d) India
(e) None of the above

Q8. The Reserve Bank of India (RBI) is set to introduce a SOP to enable banks to expedite the issuance of Foreign Inward Remittance Certificates (FIRC) and Electronic Bank Realization Certificates (e-BRCs). What is the full form of SOP?
(a) Special Ombudsman Policy
(b) Secure Online Payment
(c) Standard Operating Procedure
(d) System of Procurement
(e) None of the above

Q9. The DGFT (Directorate General of Foreign Trade) has issued a notification declaring that the import of potatoes from Bhutan will continue without the need for an import license until ___________ to maintain a steady supply of potatoes while fostering bilateral trade relations between the two countries.
(a) June 30, 2024
(b) December 31, 2023
(c) April 30, 2024
(d) October 31, 2023
(e) None of the above

Q10. World Elephant Day is observed globally on which date for raising awareness about the pressing challenges faced by elephants and advocating for their protection and conservation?
(a) August 2
(b) August 5
(c) August 8
(d) August 12
(e) None of the above

Solutions

S1. Ans (b)
Sol. To celebrate World Lion Day, Chief Minister Bhupendra Patel of Gujarat introduced a new mobile application called ‘Sinh Suchna’.
The launch event, held in Gandhinagar, Gujarat, signifies a significant step towards modern wildlife conservation, enabling both the state’s forest department and the general public to effectively monitor lion movements.

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 (a)
Sol. In a significant milestone for the AI industry, Odisha TV, an Odia-based news station, has unveiled “Lisa,” India’s first regional AI news anchor.
Lisa’s introduction marks a groundbreaking moment in TV broadcasting and journalism, with the potential to revolutionize the industry.

S4. Ans (b)
Sol. According to the Henley Passport Index, Singapore now holds the title of the world’s most powerful passport, granting visa-free access to 192 out of 227 global travel destinations.
Three European countries, namely Germany, Italy, and Spain, have moved up one rank to share the second position, with visa-free access to 190 destinations.

S5. Ans (c)
Sol. The third edition of the NITI Aayog’s Preparedness Index 2022 has released on 17th July 2023.
Tamil Nadu topped the third edition of the NITI Aayog’s Export Preparedness Index 2022 with an overall score of 80.89, piping Maharashtra (78.20) and Karnataka (76.36).

S6. Ans (c)
Sol. The maximum loan amount of Rs. 10 lacks is given as a loan under PMMY.
The PMMY aims to facilitate access to institutional finance for new and existing micro units or enterprises, offering loans of up to 10 lakh rupees.
S7. Ans (d)
Sol. India has joined the Champions Group of the Global Crisis Response Group (GCRG) at the invitation of the UN Secretary-General.
The GCRG was established in March 2022 to address urgent global issues in food security, energy, and finance, and to coordinate a global response.

S8. Ans (c)
Sol. The Reserve Bank of India (RBI) is set to introduce a standard operating procedure (SOP) to enable banks to expedite the issuance of Foreign Inward Remittance Certificates (FIRCs) and Electronic Bank Realization Certificates (e-BRCs).
This proactive step comes in response to the challenges faced by exporters using the rupee-based trading mechanism for foreign trade.

S9. Ans (a)
Sol. The DGFT (Directorate General of Foreign Trade) has issued a notification declaring that the import of potatoes from Bhutan will continue without the need for an import license until June 30, 2024.
This decision aims to maintain a steady supply of potatoes while fostering bilateral trade relations between the two countries.

S10. Ans (d)
Sol. World Elephant Day, observed globally on August 12, is a significant event dedicated to raising awareness about the pressing challenges faced by elephants and advocating for their protection and conservation.