General Awareness Quiz for Bank Mains Exams 2023-19th December

Q1. Which bank has been recognized as “Bank of the Year (India)” by The Banker, owned by Financial Times and considered one of the only three global awards that assess the work of banks across 120 countries?

(a) HDFC Bank
(b) ICICI Bank
(c) State Bank of India (SBI)
(d) Federal Bank
(e) Axis Bank

Q2. Who has been appointed as an Independent Director and Chairman of the board at foodtech major and grocery delivery start-up Swiggy?

(a) Anand Kripalu
(b) Deepinder Goyal
(c) Kunal Bahl
(d) Vijay Shekhar Sharma
(e) Nandan Nilekani

Q3. Who has been named Time magazine’s Athlete of the Year for 2023?

(a) Cristiano Ronaldo
(b) Lionel Messi
(c) Serena Williams
(d) Naomi Osaka
(e) Simone Biles

Q4. In this year’s Climate Change Performance Index (CCPI), India secured what rank, improving one position from the previous year and maintaining its status among the highest performers?

(a) 4^th
(b) 6^th
(c) 7^th
(d) 9^th
(e) 11^th

Q5. In the ranking based on life and accident & health reserves of companies in 2022 by S&P Global Market Intelligence, what is the rank of Life Insurance Corporation of India (LIC) among the world’s largest insurers?

(a) First
(b) Second
(c) Third
(d) Fourth
(e) Fifth

Q6. What is the proposed enhanced limit  for UPI transactions undertaken for medical or healthcare and educational services, as per the Reserve Bank of India (RBI)?

(a) ₹2 lakh
(b) ₹3 lakh
(c) ₹4 lakh
(d) ₹5 lakh
(e) ₹6 lakh

Q7. Which state government has introduced the ‘Maha Lakshmi scheme,’ providing free travel for women, girls, and transgender persons?

(a) Maharashtra
(b) Karnataka
(c) Telangana
(d) Tamil Nadu
(e) Kerala

Q8. The first delta rankings of the Aspirational Blocks Programme (ABP) were announced by:

(a) Ministry of Rural Development
(b) NITI Aayog
(c) Ministry of Panchayati Raj
(d) Ministry of Home Affairs
(e) Ministry of Finance

Q9. IDFC FIRST Bank has introduced the youth-centric “FIRST SWYP” credit card in partnership with:

(a) Visa
(b) American Express
(c) Mastercard
(d) RuPay
(e) Discover

Q10. Who is the current President of the industry association FICCI (Federation of Indian Chambers of Commerce & Industry)?

(a) Anish Shah
(b) Anand Mahindra
(c) Pawan Goenka
(d) Adi Godrej
(e) Uday Kotak

Solutions

 S1. Ans. (d)
Sol. Federal Bank, a leading financial institution, has been recognized as “Bank of the Year (India)” by Financial Times-owned The Banker, one of the only three global awards that consider the work of banks spanning 120 countries.

S2. Ans. (a)
Sol. Foodtech major and grocery delivery start-up Swiggy has appointed former Diageo India managing director and chief executive, Anand Kripalu, to its board as an independent director and chairman of its board.

S3. Ans. (b)
Sol. TIME has chosen Taylor Swift as Person of the Year, Lionel Messi as Athlete of the Year, and Sam Altman as CEO of the Year.

S4. Ans. (c)
Sol. India ranked 7^th in this year’s Climate Change Performance Index and also remained among the highest performers.

S5. Ans. (d)
Sol. Public sector behemoth Life Insurance Corporation of India (LIC) is the world’s fourth largest insurer based on life and accident and health reserves, as per a report released by S&P Global Market Intelligence.
According to the report LIC has $503 billion reserves in 2022-2023. Life & accident and health reserves generally represent a liability to provide for future commitments under outstanding policies.

S6. Ans. (d)
Sol. The Reserve Bank of India (RBI) has proposed enhancing the limit of UPI transactions undertaken for medical or healthcare and educational services from ₹1 lakh to ₹5 lakh per transaction.

S7. Ans. (c)
Sol. The Congress government in Telangana has launched the ‘Maha Lakshmi scheme’ which provides free travel for women, girls, and transgender persons.
The Maha Lakshmi scheme aims to provide free travel for girls, women of all age groups, and transgender persons in state-run Palle Velugu and express buses operated by the Telangana State Road Transport Corporation (TSRTC) within the borders of Telangana State.
As per an official release, the Transport Department of the Government of Telangana has announced the launch of the ‘6 Guarantees-Maha Lakshmi’ scheme.
The Maha Lakshmi scheme was announced by the Congress party on September 18, in its Manifesto for Telangana.
According to the scheme, the Congress party will provide free bus travel for women in Telangana while also providing ₹2500 to women every month under the Mahalaxmi Yojana.

S8. Ans. (b)
Sol. Tiriyani Block of Kumuram Bheem Asifabad district, Telangana has secured the top position in the first delta rankings of the Aspirational Blocks Programme (ABP) announced by NITI Aayog.

S9. Ans. (c)
Sol. IDFC FIRST Bank has introduced a youth-centric “FIRST SWYP” credit card in partnership with Mastercard.
This card can be used as a no-interest charge card and has curated features — flexible bill repayments through EMIs, a benefit-laden referral program, and exclusive and relevant merchant partnerships.

S10. Ans. (a)
Sol. Group CEO of Mahindra Group and Managing Director of M&M, Anish Shah has become the new President of the industry association FICCI (Federation of Indian Chambers of Commerce & Industry).
Shah succeeded Subhrakant Panda as FICCI President at the apex chamber’s just-finished 96th Annual Convention in the capital.
Shah earned a Ph.D. from Carnegie Mellon University’s Tepper School of Business and a Post-Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad.