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General Awareness Quiz for Bank Mains Exams 2024-03rd february

Q1. Who officially assumed the role of the 17th Emir of Kuwait, taking the constitutional oath in a ceremony held before the Kuwaiti National Assembly?

(a) Sheikh Jaber Al-Ahmad Al-Sabah
(b) Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah
(c) Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah
(d) Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah
(e) Sheikh Ahmad Al-Jaber Al-Sabah

Q2. When was the Atal Beemit Vyakti Kalyan Yojana (ABVKY), a welfare measure for employees covered under the Employees’ State Insurance (ESI) Act, 1948, officially implemented?

(a) 01.01.2017
(b) 01.04.2018
(c) 01.07.2018
(d) 01.01.2019
(e) 01.04.2019

Q3. V. Mohini Giri, a Padma Bhushan awardee who recently passed away, was renowned for her work in which of the following fields?

(a) Medicine
(b) Women’s rights activism and social work
(c) Environmental conservation
(d) Scientific research
(e) Literature and Arts

Q4. Which of the following is not an objective of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G)?

(a) Providing pucca houses with basic amenities
(b) Targeting 2.95 crore households in rural areas
(c) Encouraging urban migration
(d) Empowering marginalized groups
(e) Stimulating job creation and rural development

Q5. Which of the following was NOT a key highlight of the December 2023 MPC meeting?

(a) The GDP growth projection for FY24 was revised upward to 7%.
(b) The repo rate was kept unchanged at 6.5%.
(c) The average retail inflation projection for FY24 was maintained at 5.4%.
(d) The limit for UPI transactions in hospitals and educational institutions was increased.
(e) The MPC adopted a neutral stance towards monetary policy.

Q6. Which of the following tennis players has recently been appointed as the ambassador of Infosys Limited?

(a) Novak Djokovic
(b) Rafael Nadal
(c) Iga Świątek
(d) Both a & c
(e) Both b & c

Q7. The Emergency Credit Line Guarantee Scheme (ECLGS) was introduced by the Government of India with the primary objective of:

(a) Offering collateral-free loans to large corporations
(b) Providing direct financial assistance to the agricultural sector
(c) Supporting small and medium-sized enterprises (SMEs) impacted by the COVID-19 pandemic
(d) Offering subsidies to exporters(e) Providing educational loans to students

Q8. Which of the following countries is NOT a new member of the BRICS grouping, as decided for inclusion starting January 1, 2024?

(a) Saudi Arabia
(b) Iran
(c) United Arab Emirates
(d) Mexico
(e) Ethiopia

Q9. What is the name of the fifth Scorpene class conventional submarine that was commissioned into the Indian Navy in the presence of Chief of Naval Staff Admiral R. Hari Kumar at Naval Dockyard Mumbai?

(a) INS Kalvari
(b) INS Khanderi
(c) INS Karanj
(d) INS Vela
(e) INS Vagir

Q10. When was the National Flag of India adopted by the Constituent Assembly?

(a) August 15, 1947
(b) January 26, 1950
(c) July 22, 1947
(d) November 26, 1949
(e) January 30, 1948

Solutions

S1. Ans. (d)
Sol. Kuwait’s new emir, Sheikh Mishal al-Ahmad al-Sabah, has been formally sworn in before parliament to begin his rule over the wealthy Gulf monarchy.

 S2. Ans. (c)
Sol. The scheme came into force on 01.07.2018.
Details:

  • Atal Beemit Vyakti Kalyan Yojana (ABVKY) is a welfare measure for the employees covered under the Employees’ State Insurance (ESI) Act, 1948 in the form of cash compensation up to 90 days once in the lifetime of the worker in the contingency of Insured Persons’ (IPs’) unemployment.

 S3. Ans. (b)
Sol. Prominent Indian social worker and women’s rights activist V. Mohini Giri passed away.
Details:

  • Mohini was eighty-six and served as the Central Social Welfare Board’s and the National Commission for Women’s (NCW) chair from 1995 to 1998.
  • In addition, she presided over the Guild of Service, a social service group with headquarters in New Delhi that defends the rights of women and children to work, education, and financial stability.

 S4. Ans. (c)
Sol. Encouraging urban migration is not an objective of PMAY-G.
Details:

  • The scheme is focused on providing pucca houses with basic amenities to rural households, targeting marginalized groups, and stimulating rural development and job creation.
  • The aim is to improve living conditions in rural areas, not to encourage migration to urban areas.

S5. Ans. (e)
Sol. The MPC maintained its “withdrawal of accommodation” policy stance, indicating a gradual tightening of monetary policy. Option (e) incorrectly suggests a neutral stance.

S6. Ans. (e)
Sol. Infosys Limited, an Indian multinational information technology (IT) company, has signed a three-year partnership with Spanish Tennis Icon Rafael Nadal and women’s tennis World No. 1 Iga Świątek of Poland, appointing them as ambassadors for its brand and Infosys’ Digital Innovation, with a focus on promoting digital innovation and inspiring women worldwide.

S7. Ans. (c)
Sol. The ECLGS was designed to provide collateral-free loans to SMEs and other business entities to help them overcome the financial challenges posed by the COVID-19 pandemic.

The scheme ensures that these businesses can access necessary funds without the need for collateral, thereby facilitating their operational and financial stability during the crisis.

S8. Ans. (d)
Sol. Mexico is not among the countries that were decided to be included in the BRICS expansion, making it the correct answer to the question.
The expansion of the BRICS group in 2024 includes the addition of six new members: Saudi Arabia, Iran, the United Arab Emirates, Egypt, Ethiopia, and Argentina.

S9. Ans. (e)
Sol. The fifth Scorpene class conventional submarine commissioned into the Indian Navy is named INS Vagir.
The INS Vagir is part of a series of six Scorpene-class submarines being built as part of the Indian Navy’s Project-75.

S10. Ans. (c)
Sol. The National Flag of India was adopted by the Constituent Assembly on July 22, 1947, shortly before India’s independence from British colonial rule.
The flag, with its deep saffron, white, and Indian green colors, along with the Ashoka Chakra, holds great significance in representing the nation’s ideals and values.

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