General Awareness Quiz for IBPS SO Prelims 2022- 5th December

Q1. Which of the bank has signed a 150 million euro (Rs 1,240 crore) loan agreement with the German development bank KfW for funding solar projects?
(a) Axis Bank
(b) State Bank of India
(c) Federal Bank
(d) Bank of Baroda
(e) None of the above

Q2. Which international financial agency signed a $40 million financing package with GreenCell Express Private Limited (GEPL) to develop 255 electric battery-powered buses (e-buses) to serve 5 million people a year on 56 intercity routes in India?
(a) International Monetary Fund
(b) European Bank for Reconstruction and Development
(c) World Bank
(d) Asian Development Bank
(e) None of the above

Q3. State Bank of India commits to finance 1000 entrepreneurs in which of the following Indian state through a partnership with Business Association?
(a) Nagaland
(b) Himachal Pradesh
(c) Jharkhand
(d) Rajasthan
(e) None of the above

Q4. Bank of Baroda and ___________has announced the launch of two new premium debit cards for Bank of Baroda customers.
(a) American Express
(b) Visa
(c) MasterCard
(d) Rupay
(e) None of the above

Q5. Which of the following has launched the BHIM App open-source license model to regulate entities participating in the Unified Payments Interface (UPI) ecosystem?
(a) NPCI
(b) RBI
(c) NITI Aayog
(d) Finance Ministry
(e) None of the above

Q6. The International Financial Services Centres Authority (IFSCA) and the Reserve Bank of India (RBI) have entered into a Memorandum of Understanding (MoU) for collaboration in the field of regulation and supervision. Where is headquarter of IFSCA located?
(a) Kolkata
(b) Mumbai
(c) Gandhinagar
(d) New Delhi
(e) None of the above

Q7. Which of the following has revoked certificate of authorisation of Chennai-based GI Technology Private Limited over governance concerns in the company?
(a) SEBI
(b) Reserve Bank of India
(c) NPCI
(d) NITI Aayog
(e) None of the above

Q8. Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional how much per cent stake?
(a) 18%
(b) 5%
(c) 2%
(d) 20%
(e) None of the above

Q9. Government has decided to provide longer tenure to Managing Director, CEO and other whole-time directors of the public sector banks. The appointment can be extended for how many more years?
(a) 5
(b) 4
(c) 8
(d) 3
(e) None of the above

Q10. Which bank has inked a memorandum of understanding (MOU) with JCB India to expand its loan portfolio and fund potential buyers of heavy construction equipment?
(a) HDFC Bank
(b) Federal Bank
(c) Union Bank of India
(d) ICICI Bank
(e) None of the above

Solutions

S1. Ans(b)
Sol. State Bank of India has signed a 150 million euro (Rs 1,240 crore) loan agreement with the German development bank KfW for funding solar projects.

S2. Ans (d)
Sol. The Asian Development Bank (ADB) signed a $40 million financing package with GreenCell Express Private Limited (GEPL) to develop 255 electric battery-powered buses (e-buses) to serve 5 million people a year on 56 intercity routes in India.

S3. Ans(a)
Sol. SBI commits to finance 1000 entrepreneurs in Nagaland through a partnership with Business Association. The State Bank of India (SBI) in collaboration with the Business Association of Nagas (BAN) has decided to help 1000 entrepreneurs with financing.

S4.Ans (b)
Sol. Bank of Baroda and Visa has announced the launch of two new premium debit cards for Bank of Baroda customers – bob World Opulence – a super-premium Visa Infinite Debit Card (Metal Edition) and bob World Sapphire – a Visa Signature Debit Card.

S5. Ans(a)
Sol. The National Payments Corporation of India (NPCI) announced the launch of the BHIM App open-source license model to regulate entities participating in the Unified Payments Interface (UPI) ecosystem.

S6. Ans(c)
Sol. The International Financial Services Centres Authority (IFSCA) and the Reserve Bank of India (RBI) have entered into a Memorandum of Understanding (MoU) for collaboration in the field of regulation and supervision.

S7. Ans(b)
Sol. The Reserve Bank has revoked certificate of authorisation of Chennai-based GI Technology Private Limited over governance concerns in the company.

S8. Ans(c)
Sol. Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake.

S9. Ans(a)
Sol. Government has decided to provide longer tenure to Managing Director, CEO and other whole-time directors of the public sector banks. Now the appointment can be made initially for up to 5 years, which can be extended for the 5 more years.

S10. Ans(b)
Sol. Federal Bank announced that it has partnered with JCB India to expand its loan portfolio and fund potential buyers of heavy construction equipment.