CA - 9 Flashcards
What is the target valuation for Yes Bank’s stake sale?
$8-9 billion
What percentage of its stake is Yes Bank planning to sell?
Up to 51%
Under what condition does a new promoter require RBI approval?
If they acquire more than 26% stake in Yes Bank.
Which bank holds the largest stake (26.13%) in Yes Bank currently?
State Bank of India (SBI)
Besides SBI, are there any other major shareholders in Yes Bank?
Yes Bank has stakes held by a consortium of banks including HDFC, ICICI, Kotak Mahindra, Axis, and IDFC First.
When did the RBI take over Yes Bank?
March 2020
Why did the RBI take over Yes Bank?
Due to financial troubles including bad loans and capital raising challenges.
What was the e-way bill generation count in February?
9.73 crores, making it the second-highest all-time generation. The highest e-way bill generation happened in August 2023, with a count of 9.34 crores.
Why is the surge in e-way bill generation significant?
It’s the highest in four months.
It indicates increased economic activity.
It’s likely to positively impact GST collections in March.
What is an e-way bill?
An electronic document generated for the movement of goods.
It provides evidence of tax payment (or exemption).
When is generating an e-way bill mandatory?
When the consignment value of goods being moved exceeds ₹50,000.
Which two companies have partnered to launch the Titan SBI Card?
SBI Card and Titan Company Ltd.
What type of spending is the Titan SBI Card designed for?
The card targets consumers’ aspirational spending needs.
What are the primary benefits offered by the Titan SBI Card?
Titan gift vouchers
Reward Points
Exclusive benefits worth over ₹ 2,00,000 per year
What is the purpose of the Dwarka Expressway project?
Improve traffic flow and ease congestion between Delhi and Gurugram.
Who inaugurated the Dwarka Expressway?
Prime Minister of India
Which section of the Dwarka Expressway was inaugurated?
Haryana section (19 km)
What was the construction cost of the inaugurated Haryana section?
Rs. 4,100 crore
What was the main topic of discussion during the first India-Brazil 2+2 ministerial dialogue?
Expanding cooperation in energy, critical minerals, technology, and counter-terrorism.
Where did the first India-Brazil 2+2 ministerial dialogue take place?
Delhi, India
Besides Brazil, which other countries does India conduct 2+2 ministerial dialogues with?
The US,
Australia,
Japan, and
Russia.
What does SIMA stand for?
Scalable Instructable Multiworld Agent
What is SIMA capable of doing?
Following natural language instructions
Performing tasks across different video game environments
Why is SIMA a significant development in AI?
Demonstrates the potential for AI agents to play a key role in gaming
Brings us closer to collaborative AI working with humans in real-world tasks
How is SIMA considered a ‘generalist’ AI agent?
It can perform a diverse range of tasks, understanding different gaming environments
How does SIMA’s ability to follow natural language instructions relate to how humans play games?
It marks the first time an AI agent demonstrates this capacity, mimicking human-like understanding and actions within game worlds.
Google DeepMind developed SIMA. DeepMind is an
AI research company that’s part of Alphabet, the parent company of Google.
When is the International Day of Action for Rivers observed?
March 14th
What is the theme of the International Day of Action for Rivers in 2024?
“Water for All”
What recognition did Pankaj Advani receive for his billiards career?
Inducted into the Hall of Fame at the World Billiards Museum (Shangrao City, China)
When did Pankaj Advani win his most recent IBSF title (as of October 2023
November 2023
What was the specific IBSF title Pankaj Advani won in November 2023?
26th IBSF title
What sport does the International Billiards & Snooker Federation (IBSF) govern?
Non-professional snooker and English billiards
Where is the headquarters of the International Billiards & Snooker Federation located?
Doha, Qatar
Who sold TCS shares in a block deal?
Tata Sons (holding company of Tata Group)
Number of TCS shares sold by Tata Sons
2.02 crore shares
Percentage of TCS equity sold by Tata Sons
0.6%
Value of the block deal
Rs 9,000 crore
What was Tata Sons’ stake in TCS before the sale?
72.38%
What is Tata Sons’ current stake in TCS after the sale?
71.74%
Who are the major shareholders of Tata Sons?
Dorabji Tata Trust
Ratan Tata Trust
What is the current market value of the Tata Group (all listed entities combined)?
Rs 30 lakh crore
What government ministry announced the review committee for Ayushman Bharat-PMJAY?
Ministry of Health and Family Welfare
Who chairs the 16-member expert committee?
Dr. V K Paul, Member (Health) at NITI Aayog
What are some key areas the committee will oversee regarding AB-PMJAY?
Beneficiary identification
Hospitalization
Modes of implementation
What is a critical task assigned to the committee?
Suggest measures to prevent fraud or misuse of the scheme.
How will the committee explore linkages with other initiatives?
Discuss ways to provide linkages with Ayushman Bharat Digital Mission (ABDM) and Ayushman Arogya Mandirs (AAMs).
What is the timeframe for the committee to submit its report?
Within 45 days from the order of its constitution
When did the National Zoological Park celebrate International Day of Forests?
March 21st, 2024
What was the theme for International Day of Forests 2024?
“Forests and innovation: new solutions for a better world”
Who led the Indian delegation to the ITU Headquarters in Geneva?
Dr. Neeraj Mittal, Secretary, Department of Telecommunications, Government of India
What key role did Dr. Mittal secure at the ITU?
Co-chair of the Digital Innovation Board (elected unanimously)
What organization established the Digital Innovation Board?
International Telecommunication Union (ITU)
Under what initiative was the Digital Innovation Board formed?
innovation and Entrepreneurship Alliance for Digital Development
What is the composition of the Digital Innovation Board?
Ministers and Vice Ministers of Telecom/ICT from 23 ITU member countries across various continents.
Why did the ITU establish the Innovation and Entrepreneurship Alliance for Digital Development?
To address unmet needs in the area of innovation as expressed in the Kigali Action Plan (WTDC-22).
What are the three main components of the ITU’s Innovation and Entrepreneurship Alliance?
(a) Digital Transformation Lab
(b) Network of Acceleration Centres
(c) Digital Innovation Board
How many organizations were selected by the ITU to host Network of Acceleration Centres globally?
17
Which Indian centre plays a coordinating role for the Network of Acceleration Centres?
Global Innovation Centre at ITU Area Office and Innovation Centre, New Delhi
What is the name of the joint maritime exercise involving India, Mozambique, and Tanzania?
India-Mozambique-Tanzania Trilateral Exercise (IMT TRILAT)
When is the second edition of the IMT TRILAT exercise happening?
March 21-29, 2024 (already concluded)
Which Indian Navy ships participated in the IMT TRILAT exercise?
iNS Tir and INS Sujata
How many phases did the IMT TRILAT exercise have?
Two
Where did the harbour phase activities take place for INS Tir and INS Sujata?
INS Tir - Zanzibar (Tanzania)
INS Sujata - Maputo (Mozambique)
What is one planned activity during the sea phase of the exercise?
Joint Exclusive Economic Zone (EEZ) surveillance
Where did the IMT TRILAT exercise conclude?
Nacala (Mozambique)
Who is the Chairman of the Indian Banks’ Association (IBA) for 2023-24?
MV Rao
How many Deputy Chairmen does the IBA have?
Three
List the three Deputy Chairmen of the IBA for 2023-24 and their affiliations.
(a) Dinesh Kumar Khara - Chairman, State Bank of India
(b) SL Jain - Managing Director and CEO, Indian Bank
(c) Dr N Kamakodi - MD and CEO, City Union Bank
Who is the Honorary Secretary of the IBA for 2023-24?
Madhav Nair Country Head and CEO, Bank of Bahrain and Kuwait
What is the name of IOB’s new jewel loan product with a linked card?
IOB Gold Powered Card
How does the IOB Gold Powered Card function?
Provides instant access to a card linked to the jewel loan overdraft account.
What is the repayment flexibility for IOB Gold Powered Card?
Customers can service interest and principal in a lump sum at the loan’s maturity (12 months).
What is the loan amount range for IOB Gold Powered Card?
₹25,000 to ₹25 lakh
What functionalities does the IOB Gold Powered Card offer besides loan access?
Cash withdrawal at ATMs, POS transactions, and e-commerce transactions.
What are the transaction limits for the IOB Gold Powered Card?
Cash withdrawal:
Per transaction - ₹20,000
Daily limit - ₹1 lakh
POS & e-commerce transactions:
Per transaction & daily limit - ₹25 lakh
What is the validity period of the IOB Gold Powered Card?
Three years
What is the name of IOB’s new jewel loan product designed for housing loan borrowers?
Jewel Loan Suvidha
Who can avail of the Jewel Loan Suvidha?
Housing loan borrowers from IOB or other banks.