General Awareness Quiz for Bank Mains Exams 2023 -21st July

Q1. Which Indian state has taken a significant step towards promoting education and empowering mothers through the implementation of the Jagananna Amma Vodi scheme?
(a) Kerala
(b) Andhra Pradesh
(c) Chhattisgarh
(d) Haryana
(e) None of the above

Q2. The Swarnima Scheme is a term loan scheme introduced to provide financial assistance to women entrepreneurs from backward classes. Which Union Ministry has introduced the Swarnima Scheme?
(a) Ministry of Rural Development
(b) Ministry of Finance
(c) Ministry of Women and Child Development
(d) Ministry of Social Justice and Empowerment
(e) None of the above

Q3. The Ministry of Home Affairs has introduced the “Scheme for Expansion and Modernization of Fire Services in the States”. How much crore of rupees allocation has been made to this scheme?
(a) Rs. 1,000 Crore
(b) Rs. 5,000 Crore
(c) Rs. 500 Crore
(d) Rs. 100 Crore
(e) None of the above

Q4. The Directorate General of Foreign Trade (DGFT) implements the Advance Authorisation Scheme for enabling duty-free import of inputs for export purposes. The Directorate General of Foreign Trade comes under which ministry?
(a) External Affairs Ministry
(b) Ministry of Commerce and Industry
(c) Ministry of Corporate Affairs
(d) Ministry of Finance
(e) None of the above

Q5. The Government of India has authorized all Public Sector Banks and eligible Private Sector Banks to implement and operationalize the Mahila Samman Savings Certificate, 2023. What is the tenure under this scheme?
(a) Two
(b) Four
(c) Three
(d) Five
(e) None of the above

Q6. The Indian government has taken a significant step towards establishing India’s first carbon market by notifying a draft framework for the Carbon Credit Trading Scheme, 2023. India has set a goal of achieving net-zero emissions by which year?
(a) 2070
(b) 2030
(c) 2050
(d) 2047
(e) None of the above

Q7. According to the Textile Ministry, 43 new implementing partners empanelled under SAMARTH schemes with an additional training target of 75,000 beneficiaries and 5% increment in support to implementing partners. Who is the current union minister for Ministry of Textile?
(a) Smriti Irani
(b) Darshana Jardosh
(c) G. Kishan Reddy
(d) Piyush Goyal
(e) None of the above

Q8. The Centre has recently made a significant change to the income criteria for individuals falling under the Economically Weaker Section (EWS) category in the Pradhan Mantri Awas Yojana–Urban (PMAY-U) in the Mumbai Metropolitan Region (MMR). The Income has been raised to how much lakh rupees?
(a) Rs. 8 Lakh
(b) Rs. 3 Lakh
(c) Rs. 6 Lakh
(d) Rs. 9 Lakh
(e) None of the above

Q9. ________ Railway has taken a significant step towards enhancing the facilities at railway stations by identifying 90 stations for development under the Amrit Bharat Station Scheme (ABSS).
(a) Southern
(b) Western
(c) Central
(d) East Central
(e) None of the above

Q10. The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) scheme, a pension scheme for unorganised workers in India, has witnessed a significant number of subscribers leaving the program in less than six months. In which year The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) scheme was launched?
(a) 2017
(b) 2020
(c) 2015
(d) 2019
(e) None of the above

Solutions

S1. Ans (b)
Sol. Chief Minister Y.S. Jagan Mohan Reddy of Andhra Pradesh has taken a significant step towards promoting education and empowering mothers through the implementation of the Jagananna Amma Vodi scheme.

With an allocation of ₹6,392 crore, this initiative aims to provide financial assistance to approximately 42 lakh mothers, offering them an annual gift of ₹15,000 for sending their children to school.

S2. Ans. (d)
Sol. The Swarnima Scheme is a term loan scheme introduced by the Ministry of Social Justice and Empowerment to provide financial assistance to women entrepreneurs from backward classes.
The scheme aims to empower women by offering social and financial security through term loans.

The scheme facilitates access to loans of up to ₹2,00,000/- at an interest rate of 5% per annum.

S3. Ans. (b)
Sol. The Ministry of Home Affairs has introduced the “Scheme for Expansion and Modernization of Fire Services in the States” with a significant allocation of Rs. 5,000 Crore.

This scheme was announced by Union Home Minister and Minister of Cooperation, Shri Amit Shah during a meeting with Ministers of Disaster Management of the States/Union Territories in New Delhi on June 13, 2023.

S4. Ans. (b)
Sol. The Directorate General of Foreign Trade (DGFT) comes under the Ministry of Commerce and Industry.

The scheme’s eligibility is determined by Sector-specific Norms Committees, evaluating input-output norms.

To enhance efficiency and streamline the norms fixation process, the DGFT has made significant advancements to the Advance Authorisation and Norms Fixation Workflow.

S5. Ans. (a)
Sol. Account opening is available until March 31, 2025, with a tenure of two years.

This scheme aims to provide financial security to every girl and woman in India. The scheme can be subscribed to at Post Offices and eligible Scheduled Banks.

S6. Ans. (a)
Sol. India’s ambitious goal has been set to achieve net-zero emissions by 2070.

The framework outlines the regulatory structure and key stakeholders responsible for the formation and functioning of the carbon market.

S7. Ans. (d)
Sol. Piyush Goyal is the union minister for Ministry of Textiles.

The ministry of textile has joined forces with a total of 157 Textile Industries/Industry Associations, 16 Central/State Government Agencies and 3 Sectoral Organisation of the Ministry which aims to effectively carry out training programs under SAMARTH Schemes.

S8. Ans. (c)
Sol. The income threshold has been raised from Rs 3 lakh to Rs 6 lakh, aiming to expand eligibility and accessibility to affordable housing.

S9. Ans. (a)
Sol. Southern Railway has taken a significant step towards enhancing the facilities at railway stations by identifying 90 stations for development under the Amrit Bharat Station Scheme (ABSS).

The scheme aims to prepare master plans for these stations and implement them in a phased manner.

S10. Ans. (d)
Sol. The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) scheme was launched by the Ministry of Labour and Employment of the Government of India in February 2019.

The scheme was launched for poor labourers in the unorganised sector from minimum 18 years of age to maximum 40 years.