General Awareness Quiz for Bank Mains Exams 2024-02nd february

Q1. As per the interim Budget 2024-25 announced on the 1st February 2024, how much is the total expenditure estimated in the Budget Estimates for 2024-25?
(a) Rs.30.11 lakh crore
(b) Rs.40.33 lakh crore
(c) Rs.47.66 lakh crore
(d) Rs.50 lakh crore
(e) Rs.55 lakh crore

Q2. Which defense force recently (January 2024) received the Drishti 10 Starliner (also known as Elbit Hermes 900), the first indigenously manufactured Medium Altitude Long Endurance (MALE) Unmanned Aerial Vehicle (UAV), manufactured at the Adani Defence and Aerospace (ADA) facility in Hyderabad, Telangana?
(a) Indian Army
(b) Indian Air Force
(c) Indian Navy
(d) Indian Coast Guard
(e) Border Security Force

Q3. The Himachal Pradesh government launched the ‘Mukhya Mantri Sporting Abilities, Rebuilding Aspirations, and Livelihood Scheme (SABAL)’ to integrate which group into the mainstream?
(a) Women Entrepreneurs
(b) Persons with Disabilities
(c) Tribal Communities
(d) Unemployed Youth
(e) Senior Citizens

Q4. As per the interim Budget 2024-25 announced on the 1st February 2024, what is the total receipts other than borrowings for 2024-25?
(a) Rs.20.80 lakh crore
(b) Rs.25.80 lakh crore
(c) Rs.30.80 lakh crore
(d) Rs.35.80 lakh crore
(e) Rs.40.80 lakh crore

Q5. Who inaugurated the First Global Symposium on Farmers’ Rights in New Delhi on September 12, 2023?
(a) Prime Minister of India
(b) President of India
(c) United Nations Secretary-General
(d) Director-General of the Food and Agriculture Organization
(e) Minister of Agriculture & Farmers Welfare, India

Q6. National Road Safety Week is annually observed across India from 11–17 January to raise awareness about the importance of road safety and highlight the significance of road safety measures to prevent and reduce road accidents, thereby saving lives. In which year did the Ministry of Road Transport and Highways (MoRTH) in India observe the first-ever National Road Safety Week?
(a) 1985
(b) 1987
(c) 1989
(d) 1991
(e) 1993

Q7. The Reserve Bank of India reviewed and extended the Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs) on October 10, 2023. From which date does this extension take effect?
(a) October 10, 2023
(b) October 1, 2024
(c) March 31, 2024
(d) April 1, 2024
(e) January 1, 2025

Q8. The Insurance Regulatory and Development Authority of India (IRDAI) has recently (August 2023) slashed the minimum capital requirement for foreign reinsurance branches (FRBs) from Rs 100 crore to:
(a) Rs 75 crore
(b) Rs 50 crore
(c) Rs 60 crore
(d) Rs 80 crore
(e) Rs 90 crore

Q9. Which state recently (January 2024) became the first in India to map all 784 accident black spots on the mobile application “Mappls”, a navigation system developed by C. E. Info Systems Limited (MapmyIndia)?
(a) Gujarat
(b) Maharashtra
(c) Punjab
(d) Karnataka
(e) Tamil Nadu

Q10. Who was awarded the Best Actor at the 69th National Film Awards for 2021 in Indian cinema?
(a) Mahesh Babu
(b) Allu Arjun
(c) Prabhas
(d) Ram Charan
(e) N.T. Rama Rao Jr.

Solutions

S1. Ans. (c)
Sol. The total expenditure is estimated at Rs.47.66 lakh crore.

S2. Ans. (c)
Sol. The Indian Navy recently acquired the Drishti 10 Starliner, also known as Elbit Hermes 900. This UAV represents the first indigenously manufactured Medium Altitude Long Endurance (MALE) Unmanned Aerial Vehicle in India.
It was produced at the Adani Defence and Aerospace (ADA) facility located in Hyderabad, Telangana. The Drishti 10 Starliner is a significant addition to the Indian Navy’s capabilities, enhancing its surveillance and reconnaissance operations.

S3. Ans. (b)
Sol. The ‘Mukhya Mantri Sporting Abilities, Rebuilding Aspirations and Livelihood Scheme (SABAL)’ was launched by the Himachal Pradesh government to empower and integrate persons with disabilities into the mainstream.
The scheme focuses on enhancing the lives of specially-abled children through various developmental initiatives, thereby ensuring their inclusion and participation in societal progress​.

S4. Ans. (c)
Sol. Total receipts other than borrowings are estimated at Rs.30.80 lakh crore.

S5. Ans. (b)
Sol. The First Global Symposium on Farmers’ Rights, held in New Delhi on September 12, 2023, was inaugurated by the President of India, Droupadi Murmu.
This symposium, organized by the Secretariat of the International Treaty on Plant Genetic Resources for Food and Agriculture of the Food and Agriculture Organization, serves as a vital platform for discussing the rights and roles of farmers, especially in the context of plant genetic resources and sustainable agriculture.

S6. Ans. (c)
Sol. The first ever National Road Safety Week was observed by the Ministry of Road Transport and Highways (MoRTH) in India in 1989.
This annual observance, held from 11th to 17th January, is aimed at raising awareness about the importance of road safety. It focuses on educating the public about road safety measures to prevent and reduce road accidents and save lives. This initiative reflects the government’s commitment to promoting safer road practices and reducing the number of casualties and injuries from road accidents.

S7. Ans. (b)
Sol. The Reserve Bank of India reviewed and extended the PCA Framework for NBFCs on October 10, 2023. The framework, which is crucial for monitoring the financial health of NBFCs and ensuring necessary corrective actions are taken promptly, will be effective from October 1, 2024.
This measure is based on the audited financials as of March 31, 2024, or thereafter, indicating a proactive approach to maintaining the stability and robustness of the financial sector.

S8. Ans. (b)
Sol. Aimed at attracting more foreign reinsurers to establish operations in India, the Insurance Regulatory and Development Authority of India (IRDAI) has slashed the minimum capital requirement for foreign reinsurance branches (FRBs) from Rs 100 crore to Rs 50 crore with the provision to repatriate any excess assigned capital.

S9. Ans. (c)
Sol. Punjab has achieved the distinction of becoming the first state in India to map all 784 accident black spots on the mobile application “Mappls”.
This navigation system was developed by C. E. Info Systems Limited, commonly known as MapmyIndia.
This initiative is a significant step towards enhancing road safety in the state by identifying and addressing high-risk areas prone to accidents.
Using technology to pinpoint these black spots, Punjab aims to reduce road accidents and improve overall traffic safety.

S10. Ans. (b)
Sol. At the 69th National Film Awards, Allu Arjun was awarded the Best Actor for his performance in Indian cinema.
This prestigious recognition acknowledges his exceptional acting skills and significant contribution to the film industry, particularly in the Telugu cinema sector.