General Awareness Quiz for Bank Mains Exams 2024-13th March

Q1. The first bullet train terminal in India, located at the Sabarmati Multimodal transport hub in Ahmedabad, Gujarat, is receiving technical and financial assistance from which country’s government?
(a) United States of America
(b) Germany
(c) Japan
(d) United Kingdom
(e) France

Q2. The National Institution for Transforming India (NITI Aayog) has recently signed a five-year Statement of Intent (SoI) with which international organization to strengthen policy and programme frameworks in India?
(a) International Food Policy Research Institute (IFPRI)
(b) International Monetary Fund (IMF)
(c) World Bank
(d) United Nations Development Programme (UNDP)
(e) Asian Development Bank (ADB)

Q3. Intellect Design Arena Limited has recently signed a deal with which bank to deploy its eMACH.ai-powered Cash Management System to support corporate banking modernization?
(a) Union Bank of India
(b) Bank of India
(c) Bank of Baroda
(d) Indian Bank
(e) Central Bank of India

Q4. The Central Board of Direct Taxes (CBDT) is a key part of which Indian government department, responsible for policy-making and overseeing the administration of direct tax laws?
(a) Ministry of Corporate Affairs
(b) Department of Economic Affairs
(c) Department of Revenue, Ministry of Finance
(d) Ministry of Commerce and Industry
(e) Department of Financial Services

Q5. How many member countries does the African Union (AU) currently have, representing the nations across the African continent?
(a) 45
(b) 50
(c) 53
(d) 55
(e) 65

Q6. Which of the following countries is NOT a member of the South Asian Association for Regional Cooperation (SAARC)?
(a) Myanmar
(b) Bangladesh
(c) Nepal
(d) Bhutan
(e) Maldives

Q7. Who has been given the sole privilege to operate the Pradhan Mantri Vaya Vandana Yojana (PMVVY), a scheme announced by the Government of India for citizens aged 60 years and above?
(a) State Bank of India
(b) Life Insurance Corporation of India
(c) Reserve Bank of India
(d) National Bank for Agriculture and Rural Development
(e) Securities and Exchange Board of India

Q8. In global fish production, what is India’s rank among the world’s largest fish-producing countries?
(a) First-largest
(b) Second-largest
(c) Third-largest
(d) Fourth-largest
(e) Fifth-largest

Q9. Which Indian state ranked first for the third consecutive year in recording the highest entries (1,56,22,514 entries) on the Inter-Operable Criminal Justice System (ICJS) platform?
(a) Uttar Pradesh (UP)
(b) Madhya Pradesh (MP)
(c) Bihar
(d) Rajasthan
(e) Maharashtra

Q10. What is the approved loan amount by the Asian Development Bank (ADB) for the modernization of water supply services in Kochi, Kerala?
(a) USD 165 Million
(b) USD 170 Million
(c) USD 190 Million
(d) USD 325 Million
(e) USD 500 Million

Solutions

S1. Ans. (c)
Sol. India’s first bullet train terminal at the Sabarmati Multimodal transport hub in Ahmedabad, Gujarat, is being developed with the technical and financial support of the Government of Japan.
This project represents a significant collaboration between India and Japan in the field of high-speed rail technology, aiming to strengthen connectivity and infrastructure development.

S2. Ans. (a)
Sol. NITI Aayog and the International Food Policy Research Institute (IFPRI) have collaborated through a five-year Statement of Intent.
This partnership aims to bolster policy and program frameworks that are crucial for India’s developmental goals, particularly in the areas of agriculture, rural development, trade, and climate change policies.
The SoI grants IFPRI a broad mandate to support NITI Aayog’s Agriculture Vertical in these key areas, focusing on sustainable and inclusive agricultural and rural transformation.

S3. Ans. (d)
Sol. Intellect Design Arena Limited has secured a significant deal worth Rs 80 crore with Indian Bank.
This five-year agreement involves the deployment of Intellect’s eMACH.ai-powered Cash Management System, a strategic move aimed at transforming the bank’s corporate banking sector and reinforcing its digital transformation objectives.
The collaboration marks a major step in modernizing transaction banking and enhancing Indian Bank’s operational efficiency and customer experience​.

S4. Ans. (c)
Sol. The Central Board of Direct Taxes (CBDT) is an integral part of the Department of Revenue in the Ministry of Finance, Government of India. It is responsible for the policy-making and administration of direct tax laws in India, and it supervises the functioning of the Income Tax Department.

S5. Ans. (d)
Sol. The African Union (AU) is an international organization that encompasses all the countries on the African continent, totaling 55 member states.

S6. Ans. (a)
Sol. The South Asian Association for Regional Cooperation (SAARC) comprises Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka as its member countries. Myanmar is not a member of SAARC.

S7. Ans. (b)
Sol. The Life Insurance Corporation of India (LIC) has been granted the sole privilege to operate this scheme, providing a secure financial avenue for the elderly to ensure a steady income during their retirement years​.
The Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a government scheme designed for senior citizens aged 60 years and above.

S8. Ans. (c)
Sol. India is the third-largest fish-producing country in the world, accounting for 7.96% of global production.
The country is also the second-largest producer of fish through aquaculture, following China.
The total fish production in India for the fiscal year 2020-21 was estimated at 14.73 million metric tonnes.

S9. Ans. (a)
Sol. Uttar Pradesh (UP) has ranked first for the third consecutive year in recording the highest entries (1,56,22,514 entries) on the Inter-Operable Criminal Justice System (ICJS) platform. With 35,04,828 entries Madhya Pradesh (MP) secured second position and Bihar is in third place with 16,65,107 entries.

S10. Ans. (b)
Sol. The Asian Development Bank (ADB) has approved a USD 170 Million loan for the modernization of water supply services in Kochi, Kerala.