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General Awareness Quiz Series 2023: 3rd January

General Awareness Quiz Series 2023: 3rd January: 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. Markets regulator SEBI has asked stock exchanges to set up an Investor Risk Reduction Access (IRRA) platform on or before __________

(a) 1 March 2023

(b) 1 April 2023

(c) 1 October 2023

(d) 1 December 2023

Q2. Prajjwala Challenge has been launched under which government scheme?

(a) PM PRANAM

(b) DAY NRLM

(c) Ujjawala Yojana

(d) PM Devine

Q3. Which of the following banks is not a DSIB recognized by RBI?

(a) SBI

(b) Canara Bank

(c) ICICI Bank

(d) HDFC Bank

Q4. Which financial institute has been given loan by Asian development bank to provide vehicle loans to women entrepreneurs?

(a) Shriram Finance Limited

(b)  HDFC limited

(c) SBI

(d) Canara Bank

Q5. Vibrant Village program is implemented in which of the following areas?

(a) All the villages

(b) Border Villages

(c) Red Corridor region villages

(d) North east Insurgent region Villages

Q6.Who has been appointed as the Managing Director and CEO of Indian Overseas Bank?

(a)  Dr. Ch Srinivasa Rao

(b)  Ajay Kumar Srivastava

(c) K V Shaji

(d) Madhuri Buch

Q7. Who has been won by the election of Brazil’s President?

(a) Jair Messias Bolsonaro

(b)  Fernando Haddad

(c) None of these

(d) Luiz Inacio Lula da Silva

Q8. Which personality has become the first person to lose $200 billion from its net worth?

(a) Elon Musk

(b) JRD Tata

(c) Sundar Pichai

(d) Jeff Bezos

Q9. Sammed Shikharji in Jharkhand is relayed to which religion?

(a) Hinduism

(b) Jews

(c) Buddhism

(d) Jainism

Q10. Who has become the 78th Grandmaster of India?

(a) Koustav Chatterjee

(b) Koneru Hampy

(c) Bibisara Balabayev

(d) D Gukesh

Solutions

Ans.1.(c)

Markets regulator SEBI has asked stock exchanges to set up an Investor Risk Reduction Access (IRRA) platform
The platform will give investors an opportunity to square off their position or cancel pending orders in case of disruption of trading services. There is a rise in instances of glitches in systems of trading members, some of which lead to disruption of trading services.

The Stock exchanges and CCs shall put in place appropriate systems to ensure compliance with the provisions of this circular on or before October 01, 2023.

Ans.2.(b)

The Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM) has launched the Prajjwala Challenge. The Prajjwala Challenge has been launched to invite ideas, solutions, and actions that can transform rural development

Ans.3(b)

The Reserve Bank of India said SBI, ICICI Bank, HDFC Bank remain domestic systemically important banks (D-SIBs). D-SIBs are those interconnected entities whose failure can impact the whole of the financial system and create instability. In addition to the usual capital conservation buffer, D-SIBs will need to maintain additional Common Equity Tier 1 (CET1). As per the RBI’s latest press release, SBI will have to maintain an additional 0.6 per cent CET1 as a percentage of its risk-weighted assets. Similarly, ICICI Bank and HDFC Bank need to maintain additional 0.2 per cent each

Ans.4.(a)

Asian Development Bank (ADB) has sanctioned USD 100 million (about Rs 830 crore) External Commercial Borrowing (ECB), a five-year loan, under the lender’s social finance framework to Shriram Finance Limited (SFL), a part of Shriram Group to provide vehicle loans to women entrepreneurs.

Ans.5.(b)

Vibrant Village Program will be implemented in the border regions

It was announced in the 2022-23 budget with an aim to enhance the infrastructure in border villages along India’s border with China.

Activities include Housing, Tourism promotion, Road Infrastructure, Renewable Energy, livelihood generation etc.

Promotes community knowledge in the border management

Ans.6.(b)

Ajay Kumar Srivastava has been elevated as Managing Director and CEO of Indian Overseas Bank

Dr. Ch Srinivasa Rao assumed charge as director of the National Academy of Agricultural Research Management (NAARM) for the second term.

Ans.7.(d)

Luiz Inacio Lula da Silva took office for a third term as Brazil’s president, vowing to fight for the poor and the environment and “rebuild the country”. He will succeed Jair Messias Bolsonaro

Ans.8.(a)

Tesla and Twitter CEO Elon Musk became the first person to lose $200 billion from his net worth. Elon Musk has seen a drop of up to $137 billion in his wealth after a recent drop in Tesla Shares. The shares of his electric car company are down nearly 65 percent

Ans.9.(d)

A sizable nationwide demonstration by members of the Jain community was conducted in opposition to the Hemant Soren-led Jharkhand government’s proposal to designate Sammed Shikharji as a tourism destination. For Jains, Sammed Shikharji in Jharkhand’s Parasnath Hills is a revered destination for pilgrimage. India Gate in Delhi, which attracts tourists on January 1, witnessed a significant Jain community protest

Ans.10.(a)

Nineteen-year-old Kolkata-based chess player, Koustav Chatterjee became India’s 78th Grandmaster. He is also the tenth GM from West Bengal

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