General Awareness Quiz for Bank Mains Exams 2023 -12th May

Q1. IIT Madras is set to establish the first Indian Institute of Technology in Africa. IIT Madras to set up its first international campus in which country?
(a) Mozambique
(b) South Africa
(c) Tanzania
(d) Egypt
(e) None of the above

Q2. Which Small Finance Bank has announced that it has been granted permission by the Reserve Bank of India (RBI) to act as an authorized dealer in foreign exchange?
(a) Ujjivan Small Finance Bank
(b) AU Small Finance Bank
(c) Jana Small Finance Bank
(d) Suryodaya Small Finance Bank
(e) None of the above

Q3. The Unique Identification Authority of India (UIDAI) has partnered with the Indian institute to develop a touchless biometric capture system that is easy to use and accessible from anywhere?
(a) IISc Bangalore
(b) IIT Bombay
(c) IIT Madras
(d) IIM Ahmedabad
(e) None of the above

Q4. ____________and India are preparing to sign an agreement to allow cross-border digital payments through e-wallets to boost trade and tourism between the two countries by eliminating currency exchange issues.
(a) Singapore
(b) Nepal
(c) England
(d) Japan
(e) None of the above

Q5. Which country has recently been elected as a member of the United Nations (UN) Statistical Commission Narcotic Drugs and the Programme Coordinating Board of the Joint UN Program?
(a) South Africa
(b) India
(c) Australia
(d) France
(e) None of the above

Q6. The European Commission (EC) has awarded protected geographical indication (PGI) status to unique variety of tea grown ‘Kangra tea’. In which Indian state Kangra Tea is grown?
(a) West Bengal
(b) Assam
(c) Sikkim
(d) Himachal Pradesh
(e) None of the above

Q7. Who has unveiled a new online platform and mobile application called SATHI (Seed Traceability, Authentication, and Holistic Inventory) to address the issues of seed production, quality identification, and certification?
(a) Santosh Gangwar
(b) Narendra Singh Tomar
(c) Ashwini Vaishnaw
(d) Piyush Goyal
(e) None of the above

Q8. HSBC signs up which Indian cricketer as their brand influencer to highlight the value proposition of the bank and demonstrate how HSBC can help customers achieve their financial goals?
(a) Yuvraj Singh
(b) Virendra Sehwag
(c) Ajinkya Rahane
(d) Virat Kohli
(e) None of the above

Q9. On which day the World Heritage Day or International Day for Monuments and Sites is observed to raise awareness of the significance of safeguarding cultural heritage?
(a) 22 April
(b) 18 April
(c) 5 April
(d) 10 April
(e) None of the above

Q10. The Indian government has formed a committee to explore ways of enhancing the pension benefits of government employees under the National Pension System (NPS). Who will head the committee?
(a) Finance Minister
(b) Prime Minister
(c) Chairman of PFRDA
(d) Finance Secretary
(e) None of the above

Solutions

S1. Ans(c)
Sol. IIT Madras is set to establish the first Indian Institute of Technology in Africa in Tanzania, with classes scheduled to begin in October. The new campus will be located in Zanzibar, and marks IIT Madras’ first international campus.

S2. Ans (b)
Sol. AU Small Finance Bank has announced that it has been granted permission by the Reserve Bank of India (RBI) to act as an authorized dealer in foreign exchange.

The bank has received a license to operate as an Authorized Dealer Category-I (AD-I) under section 10 of FEMA, 1999.

S3. Ans(b)
Sol. The Unique Identification Authority of India (UIDAI) has partnered with the Indian Institute of Technology-Bombay (IIT-Bombay) to develop a touchless biometric capture system that is easy to use and accessible from anywhere.

S4.Ans (b)
Sol. Nepal and India are preparing to sign an agreement to allow cross-border digital payments through e-wallets, a move that is expected to boost trade and tourism between the two countries by eliminating currency exchange issues.

S5. Ans(b)
Sol. India has recently been elected as a member of the United Nations (UN) Statistical Commission Narcotic Drugs and the Programme Coordinating Board of the Joint UN Program, signaling the country’s increasing presence in the international arena.

S6. Ans(d)
Sol. The European Commission (EC) has awarded protected geographical indication (PGI) status to Kangra tea, a unique variety of tea grown in the Kangra district of India’s Himachal Pradesh.
The PGI will be effective from April 11, 2023, as per the notification issued by the EC on March 22.
The tag will help Kangra tea to get an opportunity to enter the European market.

S7. Ans(b)
Sol. The Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar, has unveiled a new online platform and mobile application called SATHI (Seed Traceability, Authentication, and Holistic Inventory) to address the issues of seed production, quality identification, and certification.

The platform has been developed under the Uttam Beej – Samriddh Kisan scheme.

S8. Ans(d)
Sol. HSBC India has recently announced Virat Kohli, the former captain of the Indian cricket team, as its brand ambassador. The financial services company issued a press release on April 19 to confirm the partnership.

The campaign will highlight the value proposition of the bank and demonstrate how HSBC can help customers achieve their financial goals.

S9. Ans(b)
Sol. April 18th marks the observance of World Heritage Day, also referred to as International Day for Monuments and Sites.
The primary objective of this day is to raise awareness of the significance of safeguarding cultural heritage, including historical structures, landmarks, and archaeological locations, and to celebrate the variety of global heritage.

S10. Ans(d)
Sol. The committee will be headed by the finance secretary and consists of three other members: the secretaries of the Department of Personnel and Training, the special secretary in the Department of Expenditure, and the Chairman of the Pension Fund Regulatory & Development Authority (PFRDA).