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GA Topper Series: 11th June 2022 Quiz

GA Topper Series: 11th June 2022 Quiz: Hello Students, all those students who have cleared their prelims exams in the banking sector must be prepared with every topic in the General Awareness Section for the mains examinations. Bankersadda team has brought you up a new series in which we will come up with 10 questions with the correct answer and the detailed solution to the question.

Q1. Recently Bharat Block Chain Network was launched by India, It is built by?

(a) NIC

(b) C-DAC

(c) IDS

(d) TCS

Q2. Which country established Polyversity, a meta university?

(a) UAE

(b) US

(c) India

(d) China

Q3. NHAI created a new Guinness world record in laying 75 km, in under 5 days, of bituminous concrete in a single lane on which National highway?

(a) NH1

(b) NH53

(c) NH 6

(d) NH 50

Q4. With which institution Department of Biotechnology has renewed its memorandum for developing new preventions, and therapies for humans?

(a) WHO

(b) UNICEF

(c) Bill and Melinda gates Foundation

(d) UNESCO

Q5. Consider the following statements about the QS World University ranking of 2023

  1. IISc Bengaluru is the fastest rising South Asian University
  2. IIsc ranks 33 in the list
  3. The ranking was topped by the Massachusetts Institute of Technology, US

Choose the correct code

(a) 1,2

(b) 2,3

(c) 1,3

(d) 1,2,3

Q6. Which country has passed the world’s first ‘Right to Repair’ law that allows digital electronics manufacturers to make parts, tools, information, and software available to consumers and independent repair shops?

(a) UK

(b) France

(c) US

(d) China

Q7. RBI allowed Financially Sound and Well Managed (FSWM) Urban Co-operative Banks (UCBs) to provide DSB services to their customers on a voluntary basis, What is the full form of DSB?

(a) Direct Selling branch

(b) Doorstep Banking

(c) Direct Share Banking

(d) Doorstep Branch

Q8. RBI has also increased the limits for individual housing loans being extended by UCBs and Rural Cooperative Banks (RCBs) – State Cooperative Banks(StCBs) and District Central Cooperative Banks(DCCBs), What is the increased limit for Tier 1 UCBs? 

(a) 60 lakh

(b) 1 crore

(c) 2 crore

(d) 80 lakh

Q9. RBI enhanced the limit for e-mandates/ standing instructions on credit/debit cards and prepaid payment instruments (PPIs) for recurring transactions to Rs _______from Rs __________?

(a) 15000, 5000

(b) 10000, 5000 

(c) 15000,2000

(d) 10000, 2000

Q10. Who has been appointed as the ambassador for the India-UK Culture Platform?

(a) Priyanka Chopra

(b) Deepika Padukone

(c) A R Rehman

(d) Sonu Nigam

GA Topper Series: 11th June 2022 Quiz_50.1

Solutions

Ans.1.(c)

The Bharat Blockchain Network (BBN), India’s first nationwide hybrid blockchain network, is built by IDS. It is intended to enable blockchain projects of academic significance in the areas of governance, issuance of verifiable credentials, skill badges, student transfer, and audit trail, in accordance with NEP 2020.IDS has collaborated with over 100 academic institutions. 

Ans.2.(c)

Polyversity (Educational Metaverse) i.Polyversity, a virtual university, is India’s Largest Educational Metaverse, with over 100 Academic Partners establishing virtual campuses, including the AICTE’s campus, to make education more accessible, immersive and meaningful

Ans.3(b)

NHAI created a new Guinness world record in laying 75 km, in under 5 days, of bituminous concrete in a single lane on NH53 between Amravati to Akola Districts in 105 hours and 33 minutes. The corridor connects major cities like Kolkata, Raipur, Nagpur, and Surat

Ans.4.(c)

The Department of Biotechnology (DBT) and the Bill and Melinda Gates Foundation has renewed the Memorandum of Understanding (MoU) for developing new preventions, therapies, and interventions to solve health (human and animal), food, and nutritional inequities.

Ans.5.(c)

Quacquarelli Symonds (QS) World University Rankings 2023, Indian Institute of Science (IISc), Bengaluru, Karnataka, ranked 155 gaining 31 places since 2022 ranking and emerged as the fastest rising South Asian university among the top 200 universities.

Top 3 Universities: 

1. Massachusetts Institute of Technology (MIT) Cambridge, United States 

2 University of Cambridge, Cambridge, United Kingdom 

3 Stanford University Stanford, United States 

Ans.6.(c)

The New York (NY) State Legislature in the United States (US) has passed the world’s first ‘Right to Repair’ law that allows digital electronics manufacturers to make parts, tools, information, and software available to consumers and independent repair shops

Ans.7.(b)

RBI allowed Financially Sound and Well Managed (FSWM) Urban Co-operative Banks (UCBs) to provide Doorstep Banking (DSB) services to their customers on a voluntary basis, at par with Scheduled Commercial Banks (SCBs). However, Non-FSWM UCBs will continue to require prior approval from the concerned Regional Office of the Department of Supervision of RBI to provide DSB services.

Ans.8.(a)

RBI has also increased the limits for individual housing loans being extended by UCBs and Rural Cooperative Banks (RCBs) – State Cooperative Banks(StCBs) and District Central Cooperative Banks(DCCBs) by over 100%, amid an increase in house prices. This increase will also facilitate a better flow of credit to the housing sector. 

  • The limits for Tier I UCBs were revised from Rs 30 lakh to Rs 60 lakh. 
  • The limits for Tier II UCBs were revised from Rs 70 lakh to Rs 140 lakh. 
  • RCBs with an assessed net worth less than Rs 100 crore: The limits have been increased from 20 lakh to Rs 50 lakh for individual borrowers; 
  • RCBs with an assessed net worth equal to or more than ₹100 crores: The limits have been increased from Rs 30 lakh to Rs 75 lakh.

Ans.9.(a)

RBI enhanced the limit for e-mandates/ standing instructions on credit/debit cards and prepaid payment instruments (PPIs) for recurring transactions to Rs 15,000 from Rs 5,000. This means auto-transactions up to Rs 15,000 will no longer require customers to authenticate such payments manually with a one-time password (OTP). This will further facilitate recurring payments like subscriptions, insurance premium, education fee, etc. of larger value under the framework, and augment customer convenience.

Ans.10.(c)

India-United Kingdom (UK) Together Season of Culture’ appoints Musician AR Rahman as its ambassador

IBPS RRB Notification 2022

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