General Awareness Quiz for Bank Mains Exams 2023 -18th July

Q1. Which country has taken a momentous step towards reducing plastic waste by becoming the first country to implement a complete ban on thin plastic bags commonly used in supermarkets for fruit and vegetable purchases?
(a) South Africa
(b) New Zealand
(c) India
(d) Sweden
(e) None of the above

Q2. Which country has officially become a full member of the Shanghai Cooperation Organisation (SCO) during an India-hosted virtual summit of the influential grouping?
(a) Singapore
(b) Maldives
(c) Saudi Arabia
(d) Iran
(e) None of the above

Q3. Dutch Prime Minister Mark Rutte’s coalition government collapses due to “insurmountable” differences in handling migration. Which is the capital city of the Netherlands?
(a) Edinburgh
(b) Amsterdam
(c) Helsinki
(d) Damascus
(e) None of the above

Q4. The Ministry of External Affairs declared that trade between India and__________ can now be conducted using the Indian Rupee (INR) as a mode of settlement, in addition to other currencies.
(a) USA
(b) France
(c) UAE
(d) Malaysia
(e) None of the above

Q5. Israel’s parliament has given approval to a bill that would limit the powers of the Supreme Court. Which is the capital city of Israel?
(a) Jerusalem
(b) Tehran
(c) Ankara
(d) Cairo
(e) None of the above

Q6. Which of the following country becomes first Arab country to get observer status on Asian-Pacific Money Laundering?
(a) Saudi Arabia
(b) Qatar
(c) UAE
(d) Kuwait
(e) None of the above

Q7. __________and India have initiated trade transactions in rupees, aiming to reduce reliance on the US dollar and strengthen regional currency and trade.
(a) UAE
(b) France
(c) Germany
(d) Bangladesh
(e) None of the above

Q8. Australia has appointed the first female head of its central bank, passing over the current governor to elevate his deputy to the high-profile job amid a public backlash over steeply rising interest rates. Who will head the Reserve Bank of Australia?
(a) Michele Bullock
(b) Jim Chalmers
(c) Katy Gallagher
(d) Penny Wong
(e) None of the above

Q9. Which country has officially become the 51st country to accede to the Treaty of Amity and Cooperation (TAC) on the sidelines of the 56th ASEAN Foreign Ministers’ Meeting (AMM) in Jakarta?
(a) Saudi Arabia
(b) Japan
(c) Scotland
(d) India
(e) None of the above

Q10. The European Investment Bank (EIB) has announced its support for India’s National Green Hydrogen Mission by offering a loan facility of up to how much?
(a) €5 million
(b) €10 billion
(c) €5 billion
(d) €1 billion
(e) None of the above

Solutions

S1. Ans (b)
Sol. New Zealand has taken a momentous step towards reducing plastic waste by becoming the first country to implement a complete ban on thin plastic bags commonly used in supermarkets for fruit and vegetable purchases.

S2. Ans (d)
Sol. Iran has officially become a full member of the Shanghai Cooperation Organisation (SCO) during an India-hosted virtual summit of the influential grouping.
Prime Minister Narendra Modi congratulated Iranian President Ebrahim Raisi and the people of Iran on this significant occasion.

S3. Ans. (b)
Sol. Amsterdam is the capital city of the Netherlands.
After days of crisis talks, the four-party coalition fails to reach a deal.
Rutte, the Netherlands’ longest-serving leader, announces the collapse at a press conference and presents his written resignation to the king.

S4. Ans. (d)
Sol. The Ministry of External Affairs declared that trade between India and Malaysia can now be conducted using the Indian Rupee (INR) as a mode of settlement, in addition to other currencies.
This announcement follows the launch of the Foreign Trade Policy (FTP) 2023 by the Ministry of Commerce the day before, which reaffirmed the government’s determination to establish the rupee as a global currency.

S5. Ans(a)
Sol. Jerusalem is the capital city of Israel.
The vote resulted in a 64 to 56 majority in favour of the limits, with Prime Minister Benjamin Netanyahu’s far-right governing coalition overpowering the opposition.
Anti-government protestors were forcibly removed from the building ahead of the vote which lead a police complaint against them.

S6. Ans(c)
Sol. the United Arab Emirates is participating with observer status in the plenary of the Asia/Pacific Group on Money Laundering (APG), a Financial Action Task Force-Style regional body (FSRB), taking place this week in Vancouver, Canada.

S7. Ans(d)
Sol. Bangladesh and India have initiated trade transactions in rupees, aiming to reduce reliance on the US dollar and strengthen regional currency and trade.
This bilateral trade agreement marks a significant milestone for Bangladesh, moving beyond the US dollar for trade settlement with a foreign country.

S8. Ans(a)
Sol. Australian Treasurer Jim Chalmers and Prime Minister Anthony Albanese announced Michele Bullock would head the Reserve Bank of Australia (RBA) for the next seven years, having chosen not to reappoint Governor Philip Lowe for a second term.

S9. Ans(a)
Sol. Jakarta, Indonesia – On the sidelines of the 56th ASEAN Foreign Ministers’ Meeting (AMM) in Jakarta, Saudi Arabia has officially become the 51st country to accede to the Treaty of Amity and Cooperation (TAC).

S10. Ans(d)
Sol. The European Investment Bank (EIB) has announced its support for India’s National Green Hydrogen Mission by offering a loan facility of up to €1 billion.
The loan aims to assist India in developing its nascent green hydrogen ecosystem and renewable energy projects.