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General Awareness Quiz Series 2022: 22nd December

General Awareness Quiz Series 2022: 22nd December: Hello Students, General Awareness is an essential part of all government exams. It’s better to prepare this section daily and revise the same using the factsheet provided. Bankersadda team has brought you up a new series in which we will come up with 10 questions and answers, other options of the question have related news to them. So don’t miss reading the solutions

Q1. Match the names of the brands and product launched by the Indian Government

  1. Kasturi
  2. Bharat
  3. Kalyani FeRRESTA

(a) 1- cotton, 2- fertilizer, 3- iron

(b) 1- jute, 2- fertilizer, 3- steel

(c) 1- cotton, 2- fertilizer, 3- steel

(d) none of these

Q2. Consider the following statements about surety bonds:

  1. It Tripartite agreement
  2. Surety bonds launched for infrastructure projects
  3. Its replacements for Bank guarantee

Which of the statements are correct?

(a) 1,2

(b) 2,3

(c) 1,3

(d) 1,2,3

Q3. Which bank launched the ZERO Fee Banking?

(a) HDFC Bank

(b) IDFC First Bank

(c) ICICI Bank

(d) RBL Bank

Q4. Roots, a dedicated platform providing comprehensive investor education and market analysis is launched by

(a) Bank of Baroda

(b) HDFC Securities

(c) Accenture ltd

(d) RBI

Q5. Fit at any age is written by

(a) Commodore Ranjit B Rai (Retd)

(b) Aritra Banerjee

(c) Air Marshal PV Iyer (retired)

(d) a and c

Q6. Unakoti Shaivite rock carvings, figures lies in which state?

(a) Sikkim

(b) Arunachal Pradesh

(c) Meghalaya

(d) Tripura

Q7. Which bank has over taken Globalcom IDC Ltd due to non payment of dues?

(a) Axis Bank

(b) Yes Bank

(c) IDFC First Bank

(d) Consortium of these three.

Q8. What is the percentage increase of currency by volume since demonetization?

(a) 40%

(b) 45%

(c) 67%

(d) 72%

Q9. How many sun temples are there in India?

(a) 1

(b)  2

(c) 3

(d) 4

Q10. Gamaka Exponent and Padma Shri awardee H R Keshva Murthy passed away recently. Gamaka is related to which state?

(a) Kerala

(b)  Karnataka

(c) Andhra Pradesh

(d) Tamil Nadu

Solutions

Ans.1.(c)

Union Steel Minister, Jyotiraditya Scindia has launched India’s first Green Steel Brand “KALYANI FeRRESTA” in New Delhi. This first-of-its-kind steel has been manufactured by a Pune-based Steel company, Kalyani group by using renewable energy resources, leaving zero carbon footprints in the environment.

Green steel is the manufacturing of steel without the use of fossil fuels

Ans.2.(d)

A surety bond is a legally binding tripartite agreement signed between the principal, obligee and the surety. Simply put, the surety is provided by an insurance company on behalf of a principal or contractor to the obligee or government entity awarding the project.

Surety bonds, thus, also provide an inlet for the insurance sector into the area of project financing.

Advantages of surety bonds

“Firstly, they are more unsecured than bank guarantees and are provided largely based on the contractor’s track record and financial health, whereas bank guarantees typically require a modicum of tangible security. Two, surety bonds tend to be in force for the life of the project, while bank guarantees have to be renewed periodically.”

Why in news?

Road, transport and highways minister Nitin Gadkari launched the country’s first-ever surety bond insurance product, a move that would reduce the dependence of infra developers of bank guarantee.

Ans.3(b)

IDFC FIRST Bank has declared ZERO Fee Banking on savings accounts and waived fees on multiple banking services, including Passbook charges, NEFT charges. The bank said that customers maintaining as low as Rs 10,000 Average Monthly Balance, and the Rs 25,000 AMB savings account variant will get these benefits.

Ans.4.(b)

Stock brokerage firm HDFC Securities has launched Roots, a dedicated platform providing comprehensive investor education and market analysis.

State-owned Bank of Baroda (BoB) said it plans to sell its majority stake in Nainital Bank.

The central bank has shortlisted seven global consultancy firms, to use artificial intelligence and machine learning for supervisory functions. The seven firms shortlisted by RBI are: Accenture Solutions Private Limited, Boston Consulting Group (India) Pvt Ltd, Deloitte Touche Tohmatsu India LLP, Ernst and Young LLP, KPMG Assurance and Consulting Services LLP, McKinsey and Company, and Pricewaterhouse Coopers Pvt Ltd

Ans.5.(c)

A book titled, ‘The Indian Navy@75 Reminiscing the Voyage’ by Commodore Ranjit B Rai (Retd) and defence journalist Aritra Banerjee.

In New Delhi’s India International Centre, Air Marshal PV Iyer (retired) has published his book, “Fit At Any Age.”

Ans.6.(d)

Unakoti of Tripura has applied for a United Nations Educational, Scientific and Cultural Organization (UNESCO) world heritage tag to preserve lakhs of Shaivite rock carvings, figures, and images of gods and goddesses.

Ans.7.(a)

Reliance Communication’s (RCom) enterprise business, Globalcom IDC Ltd, has been taken over by Axis Bank, due to the non-payment of dues.

Ans.8.(b)

Recent report on currency

The volume of currency notes in circulation in 2016 was 90,266 million pieces, which rose consistently through subsequent years and was 1,30,533 million pieces in 2022. The volume of notes in circulation rose by 45 per cent between 2016 and 2022.

89% increase by the value of currency between 2016-2022

Ans.9.(b)

Konark Temple at Puri

Sun Temple at Modhera

Why in news?

Three new cultural sites in India, including the iconic Sun Temple at Modhera, historic Vadnagar town in Gujarat, and rock-cut relief sculptures of Unakoti in Tripura, have been added to the tentative list of UNESCO world heritage sites

Ans.10.(b)

The Prime Minister, Shri Narendra Modi has expressed deep grief over the demise of renowned Gamaka exponent and Padma Shri awardee, H.R Keshava Murthy. Gamaka, also known as kaavya vaachana, is a form of storytelling by singing that originated in Karnataka, India

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