iexambee Mock Test 1 Flashcards
1
Q
RBI recently imposed 7 restrictions on Indian mercantile cooperative Bank limited including a capital of rupees 1 lakh on withdrawal. The Indian cooperative mercantile Bank is based at
A
Headquarter as at Lucknow under sub section 1 of subsection 35a admission 56 of the banking regulation act 1949.
2
Q
RBI cancel the licence of independence cooperative Bank limited it is based at
A
Nashik ,Maharashtra
with effect from February 3, 2022
the major reason for the cancellation of the licence by RBI is the bank does not have adequate capital and earning prospects
3
Q
FEMA 1999 replace the foreign exchange regulation act (FERA) of
A
Foreign exchange regulation act ,1973.
Limit 2,50,000. 49 sections.
4
Q
What are the main function of RBI under FEMA?
A
a) Controlling dealings in foreign exchange by giving general or special permission for dealing in foreign exchange excluding those cases where specific provisions have been made in Act , rules or regulations —- SECTION 3
b) RBI cannot impose any restrictions on current account transactions . These can be imposed only by central government in consultation with RBI —– SECTION 5
5
Q
NARCL
A
National Asset Reconstruction Company Limited was incorporated in July 2021 as a “bad bank” to help this dispose of the stressed assets of the commercial banks.
6
Q
National payment corporation of india is initiative taken by __________
A
By RBI and Indian Bank’s association (IBA)
to operate the retail payments and settlement system in India.
This organisation was founded in the year 2008
under the payments and settlement systems at 2007
NPCI has been incorporated as a Not for profit company under
section 8 of the companies act 2013.
7
Q
Banks non food credit growth accelerated to 9.3% in December
from 6.6% in the same period of the last year. Which of the following organisation compile these data?
A
According to the latest data from RBI.
8
Q
ESG ( environment, social and governance)
A
SEBI recently proposed a framework to regulate ESG rating providers
That seeks to allow credit rating agencies and research analysis to provide such services.
9
Q
Interest equalisation scheme(IES) on pre and post shipment export credit
- extension
A
Till March 31st, 2024 or till further review, whichever is earlier.
Extension takes affect from October 1st 2021 and ends on March 31st 2024.
IES was implemented on 1st April 2015
to provide pre and post shipment credit to exporters in rupees
government identify eligible exporters and passes on the interest equalisation amount directly to them
it is also referred to as interest subvention export scheme for exporters
design to benefit the MSME segment in particular
originally implemented for 5 years.
10
Q
Which cooperative bank has been recently included in the second schedule of RBI act question mark
A
Sikkim State cooperative Bank limited(SISCO) included in second schedule of the reserve Bank of India act 1934 on October 12 2021.
It was registered in 1996, in operation in 1999.
Chairman - Shri Dup Pinto kaleon
Governor of sikkim - Ganga prasad
CM - Prem Singh Tamang
11
Q
2021 Nobel peace prize
A
To Maria Ressa( Philippines) Dmitry Muratov ( Russia)
For their efforts to safeguard freedom of expression in
Philippines and Russia ;
which is a pre condition for democracy and lasting peace.
12
Q
Cyclone gulab was a tropical cyclone that cause considerable damage to _______Asia?
A
To South Asia
Gulab was 3rd named storm of the 2021 North Indian ocean cyclone season as well as the
4th named storm of the season after its reformation in the Arabian sea as “Shaheen”
the name gulab suggested by Pakistan means rose in Urdu.
13
Q
RBI launched its first global hackathon named “HARBINGER 2021 -innovation for transformation”.
The theme of harbinger 2021 was
A
Smarter digital payments.
14
Q
Limit for foreign portfolio investments under voluntary retention route is said to be enhance to how much from first April 2022 by RBI
A
2,50,000 crore
October 5, 2018 had announced a seperate scheme called VRR
to encourage FPIs to Undertake long-term investments in indian debt markets.
FPI are given flexibility in terms of instrument choices besides exemption from certain regulatory requirements.
15
Q
As per the recent guidelines regarding NBFCs,the NBFCs in upper and middle layer required to implement Core Financial Service Solution akin to Core banking solution adopted by banks if__________
A
10 or more “Fixed point service delivery units” as on 1 Oct, 2022.
The CFSS shall provide for seamless customer interface in digital offerings and
transaction related to products and services with anywhere/anytime facility,
enable integration of NBFCs functions,
provide centralised database and accounting records , and be able to generate suitable MIS, both for internal purposes and regulatory reporting.
16
Q
In September 02, 2021, export import bank of india EXIM bank has and entered into an agreement for Line of Credit(LOC)
of USD 40 million
for the purpose of development of sports infrastructure?
A
Government of republic of Maldives effective from February 8, 2022.
Till date 5 LOC extended of US dollar 1.33 billion.
Projects include housing project , greater male connectivity project, water and sewerage project, addu development project international cricket stadium project, defence project, gulhifalhu port project, Hanimaadhoo airport project , road construction project and sports infrastructure.
General manager exim bank Mr. Nirmit Ved. Mo finance(maldives)- H.E. Ibrahim Ameer.
17
Q
Asian infrastructure investment bank (AIIB) approved
356.67 million loan
for the expansion of the______ metro rail system taking the
banks financing for various projects in India to US dollar 6.7 billion making the country it’s largest beneficiary.
A
Chennai metro Rail system
Involves construction of a new corridor in Chennai metro network as part of its metro rail phase 2.
AIIB Headquarters- Beijing, China
President - Jin Liqun
18
Q
MATSYA 6000 launched by union minister of state, science and technology and earth sciences Dr. Jitendra Singh (Udhampur, J&K),
India’s first manned mission samudrayaan
@chennai
aims to send humans for deep sea exploration.
A
India joins the elite club of five nation such as USA, Russia , Japan , France and China to have such underwater vehicles for carrying out subsea activities.
Designed to carry 3 people in a titanium alloy personnels sphere of 2.1 m diameter enclosed space.
Mission is undertaken by National institute of ocean technology(NIOT) will be part of the
₹6000 crore deep ocean mission.
19
Q
Indian meteorological department
A
Under ministry of earth sciences celebrated its 147th foundation day on 14 January ,2022.
India’s 1st climate hazard and vulnerability Atlas was launched based on 13th most hazardous meteorological events.
- MATSYA 6000 designed by ISRO,
- developed by ministry of earth sciences (MoES)
- under the aegis of deep ocean mission(DOM)
- vehicle was designed by National institute of ocean technology (NIOT),MoES.
20
Q
Jal jeevan mission (JJM) aims to ensure assured tap water supply of “ har Ghar Jal” to all rural households by
- 2024 . (Launched by PM)
Under ministry of jal Shakti
* Shri Gajendra Singh Shekhawat
A
- Jal jeevan mission ( JJM ).
Launched on 15th August 2019
to provide clean tap water to every household.
2019 - 17% rural household had tap water supply,
Now, 43% rural household
76% school and 67.5% anganbadi centres have tap water supply.
21
Q
Forbes magazine India rich list 2021
A
- RIL chairman Mukesh Ambani ( $ 90.7 billion)
- Adani group chairman Gautam Adani net worth of $74.8 billion second
- Shiv Nadar acquired the third sport with net worth of $31 billion
22
Q
FC Goa won 130th Durand cup which was played @ salt lake stadium/Vivekananda Yuba bharati Krirangan ,
_____________’?
A
Kolkata
FC goa became the 1st Indian Super League (ISL) outfit to win Asia’s oldest football tournament, Durand cup.
23
Q
World bank will give
” $150 million”
loan to support the Government of
Tamilnadu’s Chennai City partnership : sustainable urban services programme .
A
It is to help strengthen institutions, improve financial health of service agencies, and drive significant improvements in the quality of 4 key urban service- Water supply and sewerage, mobility , health, and solid waste management.
24
Q
AIIB $150 million to help Chennai’s mission to finance,green and resilient Infrastructure for Tomorrow ( i4t ).
A
AIIB mission is to finance “ i4t “ green infrastructure with sustainability, innovation and connectivity at its core.
helping India in their mission to increase the resilience of Chennai and transforming the city into a green ,livable, competitive and resiliant capital.
25
International Financial Services centres authority (IFSCA) has constituted an expert committee to recommend and approach towards development of the sustainable finance hub at IFSC.
The committee will be chaired by?
C.K. Mishra , former secretary to GOI, ministry of environment, forest and climate change.
26
Which bank launched platina fixed deposit, which offers interest of 15 basis points in addition to the regular SFB term deposit rates of the bank?
Ujjivan small finance Bank launched
The general fixed deposit for 990 days tenure
gives 6.75% for general citizens and
7.5 0% for senior citizens but
platina fixed deposit offers 15 bases points over and above these interest rates.
It's headquarter is in Bengaluru.
27
SEBI has restructured its advisory committee on market data that recommend policy measures pertaining to areas like security market data access and privacy.
The panel will now be chaired by S Sahoo. (Former chairperson, insolvency and bankruptcy board of India IBBI)
The 20 member committee was earlier headed by
Madhabi Puri Bach
28
Domestic systematically important insurers (D-SIIs) for 2021-22.
LIC ,
New India assurance co. Ltd (NIACL)
general insurance corporation of India (GIC)
Refers to insurers of such size, market importance and domestic and global interconnectedness , whose distress or failure would cause a significant dislocation in the domestic financial system.
29
Who is elected as the chairman of Indian farmers fertilizer cooperative IFFCO?
Dileep Sanhani
Since 2019, Sanghani has served as vice chairman.
The elections were called after incumbent chairman Balvinder Singh nakai died in October of last year.
30
NEAT 3.0
National education alliance for technology implemented by all India council for technical education(AICTE) aims to act as a bridge between edtech companies, academic institutions and students.
The scheme guided by PPP model launched by
ministry of education * Dharmendra Pradhan
in September 2019
the initiative was taken after ministry of education review note it that learning tools develop forms that can supplement classroom teaching need to be made more accessible.
31
Nippon Life India asset management limited (NAM India) launched India's first____________ sector ETF(exchange traded fund).
Auto sector ETF
Reliance mutual fund has been renamed as Nippon mutual fund.
The minimum investment amount required is 1,000 and in multiplies of ₹ 1 thereafter.
32
________ was chosen as the 3rd woman and youngest president to head European Parliament.
Roberta Metsola
She belongs to Malta.
33
Centre's Atal ranking of institutions on innovation achievements (ARIIA), 2021
1) IIT MADRAS; for 3rd consecutive year.
2) IIT BOMBAY
3) IIT DELHI among centrally funded technical institutes.
34
2 hill ranges renamed on 44th Kokborok Day-
Gandachera (Dahalai district) as Ganda Tuisa;
and Atharamura as Hanchuk Berem ;
These hill ranges are in________?
Tripura
Kokborok is lingua franca of a majority of Tripura's 19 tribal communities.
Lingua franca means "a shared language of communication used by people who are speakers of different languages."
35
RIL has announced the acquisition of a controlling stake of_______ % in Mandarin oriental New York, a premium luxury hotel in Midtown manhattan.
73.37 %
RIL through its wholly owned Reliance industrial investments and holdings limited has acquired the entire share capital of Cayman islands-based Columbus Centre cooperation (Cayman), for an equity value of approximately $98.15 million.(735cr)
36
What was the theme of international day of education 2022?
There after on 24th January 2019 ,
the first international day of education was celebrated.
* Changing course transforming education.
On December 3 2018,
the UN general assembly adopted a resolution proclaiming January 24 as international day of education in celebration of the role of education for bringing global peace and sustainable development.
37
The RBI has increased the threshold limit for banks to maintain liquidity coverage ratio (LCR) on deposits and other extension of funds received from non financial small business customers from________ crore to rupees 7.5 crore
₹ 5 crore .
All commercial banks
(other than regional rural banks , local area banks and payments bank)
will be required to maintain LCR if there received deposits of ₹ 7.5 crore and above from non financial small business customers against ₹ 5 crore earlier.
38
The central government inked an agreement with TATA consultancy Services limited for the________ phase of passport seva programme .
2nd phase . (PSP-V 2.0)
that envisages rolling out chip-enabled
e- passports,
increasing data security
and ensuring the next level of customer experience.
39
RBL bank and _________ announced a strategic collaboration to fuel the bank's customer experience strategy and expand its value proposition to serve its rapidly growing customer base through it's digital platform
" Abacus 2.0 "
Google - Abacus 2.0
This collaboration will unable better customer data management and analytics and enabling effective cross selling with the bank's large customer base and subsequently reducing the cost of customer acquisition, significantly.
Through abacus 2.0 the bank aims to provide a superior and holistic one stop solution to its existing and new customers to seemlessly deliver its different product offerings across channels.
40
On-time performance by International Airports globally for 2021 by Cirium.
1. Miami airport, USA
2. Fukuoka Airport, Japan
3. Haneda Airport, Japan.
8. Chennai international airport
* (first time Indian airport ranked in top 10).
41
Which section of the banking regulation act 1949 empowers the reserve Bank of India to prepare a scheme of reconstruction or amalgamation of banking companies( which include cooperative banks) ?
Section 45 of the banking regulation act 1949.
The Government of India has sanctioned and notified the scheme for the amalgamation of Punjab and Maharashtra cooperative Bank limited with unity small finance Bank limited.
42
FACE - FinTech Association for Consumer Empowerment.
Industry body FACE has applied to the RBI to take on the role of a self regulatory organisation(SRO) in digital landing industry.
The report of the RBI working group on digital landing released on November 18 ,
recommended among other things the constitution of an SRO covering the participants in the digital landing ecosystem.
Member companies of FACE cater to more than half of the consumer lending market volumes in India and serve a cumulative consumer base of over 90 Lakh consumer across 19,000 pincodes.
43
Paytm payments Bank limited became the largest and the fastest growing UPI beneficiary bank in India.
it becomes the first beneficiary Bank in the country to achieve the landmark of over________ million UPI transactions in a single month.
926 million UPI transactions in a month by PPBL
44
The Amar Jawan Jyoti at the India gate was merged with the eternal flame at the national war memorial (NWM).
Amar Jawan Jyoti was constructed as a memorial for Indian soldiers who made the supreme sacrifice in defeating Pakistan in 1971 war inaugurated by Indira Gandhi on January 26,1972.
PM Modi had on February 25, 2019 inaugurated the national war memorial where
names of 25942 soldiers have been inscribed in golden letters on granite tablets.
45
ADB provide ________loan to IIFL(india infoline finance limited) Home Finance for lending to lower- income women borrowers for affordable green housing.
500 crore. ( $68 million )
The loan comprises a direct ADB loan of upto $58 million and
$10 million concessional loan by the Canadian climate Fund for the Private Sector in Asia (CFPS).
46
REjuvenating Watersheds for Agricultural Resilience through innovative Development
*REWARD Programmme.*
By GOI + State gov of Karnataka & Odisha + World Bank signed a $ 115 million ....
This will help national and state institutions adopt improved watershed management practices to help increase farmer's resilience to climate change, promote higher productivity and better incomes.
47
JP Morgan has become the world's first bank to setup dhop in metaverse, its HQ is @?
Newyork
CEO of JP Morgan is Jamie Dimon.
Metaverse is virtual universe where users can do multiple activities like socialising, shopping or even attending events through their avataar.
48
Legendary singles shrimati Lata Mangeshkar has a song aye mere watan ke logo who has compose this song
Shri Ramchandra
Written by Kavi Pradeep Kumar
For Indian soldiers who died during the Sino- Indian war in 1962
at the time of president Sarvepalli Radhakrishnan and prime minister Jawaharlal Nehru
49
National mission for cleaning Ganga (NMCG)
is one of the key projects to protect the holy river identify which of the following is not that tributary of Ganga
Ken not a tributary of Ganga.
In Bangladesh~padma; 2,525 km river rises in the western in Himalayas in the Indian state of Uttarakhand.
Tributaries
Left- ramganga, garra, Gomti, ghaghara, gandak burhi ,Koshi, Mahananda.
Right- Yamuna , tamsa (also called tons), karamnasa, sone, punpun, falgu, Kiul, Chandan, Damodar , ajoy, roopnarayan.
50
Ravi Mittal has been recently appointed as a chairman of IBBI,
when was it established?
1 oct, 2016. Under insolvency and bankruptcy code 2016.
It is a key pillar of the ecosystem responsible for implementation of the code that consolidate and amends the law related to the organisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner
for maximization of the value of assets of such persons,
to promote entrepreneurship, availability of credit and balance the interest of all the stakeholders .
51
Australia has won the World Cup maximum Times, identify how many times they won the trophy ?
Australia 5 times in
1987 ,1999, 2003, 2007, 2015.
52
Who is the longest serving prime minister of India?
Jawaharlal Nehru for 16 years and 286 days
Modi is 14th and current PM, serving since 26 may, 2014.
53
As per the monetary policy conducted in February 2022 what is the statutory liquidity rate(SLR) ?
SLR is 18 %.
54
Nagarjun Sagar srisailam is a largest tiger reserve in India established in 1983
Five district - Kurnool district , Prakasam district , Guntur district, Nalgonda district and mahbubnagar district
total area 3,728 km
core area 1200 km
located inside nallamala forest area.
55
Financial inclusion index (FI-Index)
made by RBI
```
Incorporating details of banking, investment, insurance , postal as well as a pension sector in consultation with government and respective sector regulators.
3 board parameters:-
Access 35%,
Usage 45% and
Quality 20% ...
```
Index captures information on various aspects of financial inclusion in a single value range in between 0 and 100,
0 represents complete financial exclusion and
100 indicates full finance inclusion.
56
24th governor of RBI..
Urjit Patel
assume charge as a 24th governor
September 4 2016
after serving as Deputy governor since January 2013.
57
Marginal standing facility (MSF)
Under which commercial banks can borrow additional amount of overnight money from RBI by dipping into their SLR portfolio up to a limit at a penal rate of interest.
It Provides a safety valve against unanticipated liquidity shocks to the banking system.
58
Who has been conferred with Dada Saheb Phalke award in 2021?
Rajanikant
59
SEBI established as a statutory body in _________?
Non statutory body on April 12 1988 through a resolution of the Government of India
as a statutory body in the year 1992
and the provision of the SEBI of India act 1992( 15 of 1992) came into force on January 30 1992
60
Total number of assembly seats in punjab election?
117 members through First Past the vote.
Tenure of legislative assembly is 5 years unless dissolved sooner
61
"Donate a pension" launched by labour minister Bhupendra Yadav;
Campaign under which scheme?
PM-SYM (PM- Shram Yogi Maan Dhan.
Citizens of India can donate the premium contribution of their immediate support staff duch as domestic workers,drivers, helpers,care givers,nurses in their household establishment.
62
TATA has taken over AIR india from GOI,
| Identify chairman of TATA sons?
Natarajan Chandrashekharan.
Chief operating officer and executive director of TCS where in 2009 , he became chief executive officer.
He was also chairman of TATA motors and TATA global beverages.
His tenure is extended by another 5 years in Feb, 2022.
63
Delhi and Pondicherry are the only two States having chief ministers.
Head of Pondicherry government is
N rangaswamy.
64
Pilibhit tiger reserve
Located in Pilibhit district of Uttar Pradesh and was notified as a tiger reserve in 2014 ,
forms part of Terai Arc Landscape in upper Gangetic plain along the India-Nepal border.
65
N V Ramana is the 48th chief justice of India.
Nuthalapathi venkata ramana
Previously was a judge of supreme court of India, chief justice of Delhi High court ,
acting chief justice of Andhra Pradesh high court.
66
Central government launched Van Dhan scheme.
Nodal implementing agency -
Tribal Cooperative Marketing Development Federation of India Limited (TRIFED)
Under ministry of tribal affairs and
Nodal implementing agency is TRIFED.
launched on April ,2018
And sseks to improve tribal incomes through value addition of tribal products.
At state level, Nodal agency for MFPs and District collectors are envisaged to play a pivot role in scheme implementation at grassroot level.
67
Pradhanmantri fasal Bima Yojana(PMFBY)
what is the premium rate for Rabi crops?
*Provide insurance coverage and financial support to farmers in an event of any failure of any of the notified crops as a result of natural calamities, pests and diseases.
1.5 %
Launched in year 2016
after scraping down the earlier insurance schemes that is;
* modified National Agricultural Insurance scheme(MNAIS) 2011,
* Weather-based crop insurance scheme and *national agriculture insurance scheme(NAIS) 1999.
Annual commercial / annual horticultural crops, oil seeds and food crops (cereals, millets and pulses) are covered under the scheme.
Uniform premium of only 2% for all kharif crops, and 1.5% for all Rabi crops.
In case of annual commercial and horticultural crops, the premium to be paid by farmers will be only 5% .
68
Air India was initially established in______ as TATA airline at___________.
Now it is once again acquired by Talace Pvt. Ltd
( SPV of TATA)
1932 ; Mumbai
| Grew into flagship airline of india.
69
The house price index ( HPI ) report
Report is published by RBI on quarterly basis.
These indices are based on official data of property price transactions obtained from the respective state governments registration authority.
It considered data from major ten cities i.e. Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi , Kolkata, Lucknow and Mumbai.
70
National food security act (NFSA) , 2013
Provide for food and nutritional security in human life cycle.
Under the scheme 75% of the rural population and up to 50% of the urban population policy in subsidized food grains under targeted public distribution system (TPDS).
It caters to 67% of the total population of India.
* Section 10 ~ respective SG and UT have the responsibility of identification and selection of beneficiary.
* Section 38 ~ centre to provide guidelines to States for effective implementation of food security legislation.
State currently follows inclusion criteria which broadly covers residential vulnerability, age, visibility , gender , caste, income and occupational vulnerability.
71
Daniel Ortega took the oath of office to begin his 4th term as President of which country?
Nicaragua ~ Continent north America
Known as country of lakes and Volcanoes.
Capital - Managua
Party - Sandinista National Liberation Front (FSLN) secured 74.99% votes.
President till 2027.
ID - 15 sept, 1821 from Spain.
72
Asian development bank's
* Asian development Outlook (ADO), 2022 *
ADB projected India growing by 7.5% in current fiscal year and
up to 8% the next year.
Growth in South Asia is projected to 7% in 2022, up to 7.4% in 2023.
73
All single payment transactions of ₹_________crore and above undertaken by entities (non individuals) should include the remitter and beneficiary legal entity identifier (LEI ) information.
* 50 crore and above
Applicable to transactions undertaken through NEFT and RTGS payment systems.
In case of RTGS , both customer payment and inter-bank transactions, meeting the above criterion should include LEI information.
74
Integrated ombudsman scheme also includes under its Ambit non scheduled primary co-operative banks with the deposit size of______ crore and above?
50 crore and above.
75
"Maharatna" status
3 criteria for grant of maharatna(10) ,
navratna(14) and
mini Ratna(62 category-1 & 12 in category-2) status to the entities;
Maharatna status ~
* Average annual turnover during the last 3 years more than 25,000 crore.
* more than 5,000 crore of net profit for three consecutive years.
Power finance corporation (PFC) has received the title of maharatna in year 2020 and it has become the 11th PSU to get this.
76
Who won the Australian grand prix 2022 in Melbourne , Victoria?
1. Charles Leclerc ~ Ferrari
2. Sergio Pérez ~ Red Bull
3. George Russell ~ Mercedes
77
Prompt corrective action ( PCA), 2002
RBI introduce PCA framework in 2002
as a mechanism for banks that become under capitalised due to poor asset quality for vulnerable due to loss of profitability.
Aims to check the problem of NPA in banking sector .
It's a framework under which banks with weak financial Matrics are put under watch by the RBI.
78
Deloitte released " 2022 Deloitte CxO sustainability report : The disconnect between ambition and impact" .
Indian business is rank_______ in their concern for climate change.
As per the report 5th rank.
80% of Indian executive see the world at a tipping point for responding to climate change compared with just 53% 8 months ago.
79
Khajuraho dance festival
48th .
Commenced in chattarpur district of Madhya Pradesh.
On the theme of azadi ka Amrit mahotsav.
80
World brain day is celebrated annually on
22 July
to raise awareness around multiples sclerosis, disabling disease that affects the brain and the spine.
81
SARFAESI Act, 2002
Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest , act .
Its an Indian law.
allows banks and other Financial institutions to auction residential or commercial properties to recover loans.
the first asset reconstruction company of India, ARCIL was set up under this act.
82
New pension scheme
Voluntary contribution of funds for a sustained period of time to enable him to draw pension after he attains 60 years of age.
The scheme is open to people between age of 18 to 70 years.
83
Kaleshwaram project
Located in Telangana and built across the Godavari river.
Telangana CM -
Telangana Governor -
84
Who is the new Global CEO of Chanel fashion brand?
Leena Nair,
an executive from Unilever as its new Global CEO.
She is a British national ,born in India and alumnus of XLRI Jamshedpur.
85
Askot wildlife sanctuary
Situated in Uttarakhand ,Pithoragarh
declared as an ego sensitive zone ESZ.
Established to protect the endangered species musK Deer and its habitat.
Santuary area is now limited from original area 599.93 square kilometre to only 454.65 square kilometre.
86
Namdapha protected area is a tiger reserve and a national park located in
Changlang district of Arunachal Pradesh.
Originally a reserve forest and Assam forest regulation Act 1891 ,
was declared a wildlife sanctuary on 2nd October 1972.
87
Closed System Payment Instruments
Issued by a person /entity for facilitating the purchase of good and services from him/it.
These instruments do not permit cash withdrawal or redemption.
88
PM laid the foundation stone of Maa umiya dham development project involving umiya Mata dham temple and temple premises in _________via video conferencing.
Gujrat
89
Credit rating of a debt security
It only gives an opinion regarding the ability and willingness of the borrower to repay the loan and pay the interest in a timely manner.
The credit rating agencies analyse the various risks associated with the borrower and based on the analysis gives an opinion if they will be able to service the loan as per the T&C of the loan agreement and schedule.
The credit rating is subject to various prevailing conditions in the industry and market as a whole and therefore is in no way a guarantee of repayment or suggests investment.
They merely provide the facts and opinion to an investor.
90
7th edition of India international science festival
Union minister of state , science and technology Dr. Jitendra Singh inaugurated
@ panji ,Goa.
Theme of a 4 day science festival is azadi ka Amrit mahotsav - " celebrating creativity, science technology, innovation for a prosperous India."
91
Commercial paper
Issued as per the guidelines by RBI.
It is a short term monetary instrument in the Indian money market.
unsecured and issued in the form of a promissory note.
It acts as the debt instrument to be used by large corporate companies for borrowing short term monetary funds in the money market .
92
SIDBI ~ 1990
Established in 1990 as a subsidiary of IDBI
Provide finance and refinance to MSME sector
The principle institution for promotion and development of MSME sector
Among the top 30 Development banks of the world.
93
International mountain day
December 11
to educate children and people about the role that mountains playing providing fresh water, clean energy, food and recreation.
94
MUDRA scheme ~ Loan category
Only three categories:-
- Shishu loans up to 50,000
- Kishore loans up to 5 lakh
- Tarun loans up to 10 lakh.
95
Dematerialisation
Process of converting
* physical shares,
* Commercial paper,
* certificate of deposit
into electronic format. And investor who wants to dematerialise his shares needs to open a demat account with depository participant.
In order to mitigate the risk associated with share trading in paper format the materialisation concept was introduced in Indian finance market.
96
GFCF
Gross fixed capital formation.
It refers to the net increase in physical assets ( investment minus disposal )within the measurement period .
it does not account for the consumption (Depreciation) of fixed capital and also does not include land purchases.
97
SEYCHELLES
Cap - Victoria
Currency - Seychellois rupee
The capital of the 115 Island country.
It has the smallest population of any sovereign an African country.
Is an archipelago country in the Indian Ocean.
Victoria lies 1500 km east of mainland East Africa.
Population of 94,228.
98
ADB has approved $ 112 million loan for ______to strengthen skill education and training through establishment of state's skill University .
Assam skill University (ASU).
To develop management and operating system, business models and faculty and staff support design and construction of environment sustainable and climate resilient University campus and facilities to ensure efficient and sustainable operations.
99
__________will develop Electric Vehicles (EV) with BMW's motorcycle brand India.
TVS motor company
100
Odisha CM Naveen Patnaik inaugurated T-Setu, the states longest bridge over which river in Cuttack district?
Mahanadi .
The 3.4 km long bridge connecting to
gopinathpur in Badamba,
Baideswar in Banki to Singhanath Pitha
located in middle of the river has been built in the shape of English alphabet "T"
@ a cost of ₹ 111 crore.
It 7.5 m wide and also benefit devotees visiting Baba Singhanath's Bali Makar Jatra in Badamba block.
101
5 day world Sangeet Tansen festival is started in_____?
Gwalior,Madhya Pradesh on December 30 .
This is 97th edition of festival.
Stage of the program has been constructed on the theme of Siddhanath temple situated in Omkareshwar.
A total of 9 musical concert will be held at the function.
National Kalidas awards will be presented in the inauguration ceremony.
102
Global unicorn index 2021
Released by Hurun research institute.
unicorns are unlisted company with the valuation of $ 1 billion or more.
Ranks are :-
1. US ~ 487 unicorns.
2. China ~ 301 startups.
3. India ~ 54 unicorns
4. UK ~ 39 unicorns.
103
NASA launched world's largest and most powerful space telescope named _______?
James webb space telescope.
The $ 9.66 billion infrared telescope, carried aloft inside the cargo bay of an Ariane5 rocket that blasted off from ESA launch base in French Guiana.
James webb >>>100times>>> Hubble space telescope.
104
__________has won the
”digital innovation of the year ”award
at the distinguish times higher education (THE) Asia awards 2021.
O.P. Jindal Global University.
JGU's win @ THE awards is recognition of successful digital transformation and impact over last 2 years.
105
Vayana Network and _________ have been awarded the
" most effective Bank-fintech partnership: agile and adaptable"
at the IBSi-Global FinTech innovations award 2021.
Federal Bank
Vayana Network is one of India's largest trade finance platform.
The award was conferred in recognition of Vayana network's partnership with federal bank, for automating and simplifying supply chain finance.
106
_________ has acquired a 4.93% equity share in Indian gas exchange limited?
State run oil refiner
" Indian oil corporation limited"
the countries first automated National level gas exchange.
107
Which bank won the top position in the overall digital transaction amongst the large banks for the financial year 2020-21?
Bank of Baroda
108
Which bank has acquired a minority stake in JSW cement limited at an investment of 100 crore?
SBI via compulsorily convertible preference shares (CCPS).
The conversion of such ccps into common equity of the company will be linked to JSW cements future business performance and valuation determined at the time of the proposed IPO in the next year.
109
In December 2021 Axis bank has categorised______ to public category from promoter category share holder in the bank.
Oriental Insurance company.
As per share holding pattern, Oriental Insurance Company limited held
0.17 % stake in Axis Bank.
110
_________became the first Indian to win the prestigious " US junior squash open " in Philadelphia in U-15 girls category.
Anahat Singh.
At the Arlen Spectre Centre , 13 year old Delhi girl defeated Egypt's Jayda marei in the final match .
111
Rbi extended the deadline for cards tokenisation till_______?
June 30, 2022.
Tokenization means replacement of credit and debit cards detail with an alternate code called a "token".
Tokenised cards are considered safe for online transactions as a card details are not shared with the merchant during transaction processing.
112
Defence minister Rajnath Singh made the foundation of brahMos Aerospace cruise missile manufacturing unit in
Lucknow, Uttar Pradesh.
Brahmos is a joint venture between the DRDO of India and NPOM, Russia to develop next generation supersonic missiles for the Indian forces.
113
World economic forum (WEF)
Headquarter in cologny, Switzerland .
is an NGO founded in 1971.
It's mission is cited as " committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape Global, regional and industry agendas."
114
SBI's " Electoral Bonds "
In the 15th phase of sale,
has been authorised to issue and encash electoral bonds through its 29 authorised branches w.e.f.
January 1st to January 10th 2022.
SBI is the only authorised Bank to issue such bonds.
115
___________ government launched an online service for verification of identity and submission of life certificate for the pensioners of the state government.
Odisha CM Naveen Patnaik launched,
in this new system identification and life certification now be submitted by the pensioners using an artificial intelligence based video- verification process
116
PM SVANidhi
Street vendors aatmnirbhar Nidhi
The scheme intends to cover approximately 50 lacs Street vendors.
Launched by ministry of housing and urban affairs
on first June 2020
the duration of the scheme is until March 2022.
vendors can avail a working capital loan of up to
₹ 10,000 which is repable in monthly installments in 10 year of 1 year on timely or early repayment of the loan and
interest subsidy at 7% per annum will be credit to the bank accounts of beneficiaries through direct benefit transfer on a quarterly basis.
117
Bank customer will be able to transfer funds round the clock through the NEFT and RTGS system.
It was issued by RBI under section _______of the payment and settlements act 2007.
u/ section 10B read with * Section 18 of payments and settlement act 2007.
(Article 51 of 2007).
Under the current rules, the transfer can be made between 7 a.m. and 6 p.m. on all working days except for the 2nd & 4th saturday of the month and on sundays .
118
_______ has tied up with Paytm for card tokenisation to protect data of the cardholder.
SBI Cards.
To enable card holders to tokenise their cards on devices and make payments through Paytm
119
What is the tagline of union Bank of India?
Good people to bank with.
Hq - mumbai , 1919.
CEO - Rajkiran Rai G
Founder - Seth Sitaram Poddar
On 1st April 2020 e- Andhra and e-corporation Bank have been amalgamated into union Bank of India.
120
World radio day by UNESCO
February 13
to highlight the importance of the radio in its search for a more peaceful and tolerant world.
February 13 was chosen because the UN radio, UN's international broadcasting service was established in February 13, 1946
121
Which Mission was launched on 9th September 2021 as a part of swachh Bharat mission phase 2?
Swachh sarvekshan gramin 2021.
122
RBI extended the last date of KYC updation for bank accounts to _______?
By 3 months till 31 march, 2022.
123
Economic surveys are prepared by which government department?
Department of economic affairs
in finance ministry under the overall guidance of chief economic advisor.
The survey was de-linked from the budget in the year 1964 and is circulated in advance to provide the context of the budget.
India's first economic survey was presented in the year 1950-51.
124
HQ of FINCARE Small finance Bank limited is in _________.
Bengaluru Karnataka.
FINCARE Small finance Bank limited in June 2017,
it has been formed from the conversion of
Disha Microfin Limited an NBFC - MFI (Micro finance institutions).
Chairman is Pramod kabra.
125
Bogibeel , India's longest rail-and-road bridge is built across which river?
Brahmaputra
and it has brought the two banks of eastern Assam closer by more than 7 hours.
126
Implementing agency of Atal pension Yojana?
PFRDA
Pension fund regulatory and Development authority
HQ - new delhi.
Founded year - 23 August, 2003
Chairman - Supratim Bandyopadhyay.
PFRDA is regulating National Pension scheme (NPS).
127
___________ has inaugurated " Digi Zone " as part of its effort to enhance its digital footprint.
LIC.
HQ - Mumbai
Chairperson - M R Kumar
Founded on Sept, 1956.
Subsidiaries - IDBI Bank, LIC Nomura Mutual fund, LIC Nepal etc.
128
In which Indian state can we find the Dachigam National park?
Srinagar, Jammu and Kashmir
The name of the park literally stands for 10 villages which were relocated for its formation.
the park has been protected area since 1910.
it was initially created to ensure clean drinking water supply for the city of Srinagar
it was upgraded and declared and national park in the year 1981.
129
Nahar wildlife sanctuaries located in which state of India?
Rewari district of Haryana.
Spread over an area of 211.35 hectares
it is name nahar because it comes under nahar village
Declared on 30 January 1987.
130
Chamera dam is in which Indian state?
Chamba district of Himachal Pradesh.
Chamera dam impounds the river Ravi and supports the hydroelectricity project in the region.
the reservoir of the dam is Chamera Lake.
131
________ is the highest waterfall in India and 2nd highest in Asia . the tallest waterfall of India with the height of 1,493 ft is located in Karnataka.
Kunchikal falls on " Varahi river ".
Located near Agumbe In shimoga District of karnataka.
Agumbe valley , only place having permanent rainforest research station in India.
The india's biggest waterfall is formed by VARAHI river in Western Ghats.
The ghats famous for its Giant indian squirrel, indian bullfrog and other unique birds.
132
Which country won the ACC under 19 cup 2021,
9th edition
the Cricket tournament which was played in UAE?
India
After beating Sri Lanka by 9 wickets (DLS) method in Dubai.
133
DRDO celebrated its ______' foundation day on 1 Jan, 2022.
64 th.
It was on this day in 1958 when DRDO was formed to make India strong and self reliant in terms of science and technology and especially in military technology.
HQ - Newdelhi
Chairman - Dr. G Satheesh Reddy.
Motto - " Strength's origin is in Science "
134
Which Amendment in Indian constitution is described as " mini constitution " ?
42nd
Most comprehensive amendment which had 59 causes and carried out so many changes that it has been declared as a mini constitution.
135
___________ Has taken over the president of the council of European union on January 1 for the first time in the last 14 years.
France
136
Government has started work for the development of " Parshuramkund " a Hindu pilgrimage site on the Brahmaputra plateau in the lower reaches of the _________river in Arunachal Pradesh.
Lohit river in Arunachal Pradesh.
Project costing ₹ 37.88 crore was sanctioned under the
Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive ( PRASHAD) scheme
of the Ministry of Tourism.
137
RBI has set the limit of ways and means advances(WMA) for the second half of the financial year 2021-22 that is October 2021 to March 2022 at ________crores.
50,000 crores.
WMA is mechanism used by RBI under its credit policy to provide to States, banking with it, to help them tide over temporary mismatches in the cash flow of the receipts and payments.
138
SEBI has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy. The panel will now be chaired by_________?
S Sahoo.
, Professor at National law University Delhi and former chairperson , insolvency and bankruptcy board of India (IBBI).
20 member committee was earlier headed by Madhavi Puri buch.
139
Union minister of education and skill development Dharmendra Pradhan launched ________a single platform to provide the best developed ed - tech solutions and courses to students of the country .
NEAT 3.0
National education alliance for technology
140
Prompt corrective action of RBI
Revised PCA framework, 2017 .
* capital , Asset quality and profitability continue to be the key areas for monitoring in the revised framework .
* indicators to be tracked for capital, Asset quality and profitability would be
CRAR/ common equity tier 1 ratio 1 ,
net NPA ratio 2 and
return on assets 3 respectively.
* Leverage would be monitored additionally as part of the PCA framework.
* Breach of any risk threshold (as detailed under) would result in invocation of PCA.
* PCA framework was first issued in the year 2002.
141
To calculate Capital adequacy ratio, the banks are required to take into account which risk ?
Credit risk, Market risk and Operation risk.
Capital Adequacy Ratio (CAR) is the ratio of a bank's capital in relation to its risk-weighted assets and current liabilities.
142
__________ became the world's first $ 3 trillion company.
Apple Inc. (AAPL)
It crossed the mark during intraday trading.
143
_________ govt. Has declared Ganjam as the first district in the state to be free of child marriage.
Odisha.
Nearly 450 child marriages have been stopped by the district administration and video-recorded 48,383 marriages in the year 2020 and 2021.
144
Capital of Morocco
Rabat
Currency - Moroccan dirham
Continent -Africa
Capitals :-
* Myanmar - Naypyidaw
* Sweden - Stockholm
* New Zealand - Wellington
* Papua new Guinea - Port Moresby
145
An independent commodity exchange based in Mumbai?
MCX (Multi - commodity exchange of India.
Established in 2003 and based in mumbai.
*******
MGEX - Minneapolis Grain Exchange
MDEX - Malaysia Derivatives exchange
MEX - mercantile exchange nepal limited
146
SEBI proposed a new set of framework for REITs and InvITs.
Real estate investment trust
Infrastructure investment trusts
To provide flexibility to issuers in terms of fundraising and increasing the access of these investment vehicles to investors because despite of various relaxation given by SEBI, These investment vehicles have failed to attract investors.
147
Somasila Dam is situated on which of the following river?
Penna river.
Nellore district, Andhra Pradesh.
The reservoir can get water by gravity from the Srisailam reservoir located in Krishna basin .
it is the biggest storage reservoir in Penna river basin and can store all the inflows from its catchment area in a normal year.
148
Priority sector categories
1. Agriculture
2. microsmall and medium enterprises
3. export credit
4. education
5. housing
6. social infrastructure
7. renewable energy
8. others
149
Parent organisation of UPI
NPCI ( national payment corporation of India), 2008
U/ Mo finance
Is an umbrella organisation for all retail payment systems in India. It was set up with the support and guidance from RBI and IBA
HQ - mumbai
Chairman - Shri Biswamohan Mahapatra
150
SWIFT CODE
Society for worldwide interbank financial telecommunication,
provides a network that enables Financial institutions worldwide to send and receive information about financial transactions in a secure standardised and reliable environment.
Much of its use on the SWIFTNet network,and ISO 9362. Business Identifier Codes (BICs) are popularly known as swift codes.
Swift is a global member on cooperative and the world's leading providers secure financial massaging services.
headquarters in La hulpe, Belgium.
Chairman - Yawar Shah.
151
Core banking solution (CBS)
Is networking of branches , which enables customers to operate their accounts and avail banking services from any branch of the bank on CBS network regardless of where he maintains is account .
the customer is no more the customer of a branch, becomes the banks customer.
152
ASSOCHAM, 1920
Associate chambers of commerce and industry of India.
Is one of the apex trade associations of India.
Organisation represent the interest of trade and commerce in India and acts as an interface between issues and initiative.
HQ - Newdelhi
Chairman- Sumant Sinha
Motto - " be fearless but humble "
153
Luxembourg
The grand Dutchy of Luxembourg is a small landlocked country in western Europe.
Capital - Luxembourg city
Currency - Euro
154
Which act provides provision for regulation of credit information companies?
Credit information (companies regulation Act 2005).
To facilitate efficient distribution of credit and for matters connected their with or incidental thereto.
155
Banking codes and standards board of India (BCSBI)
In November 2003,
RBI constituted the committee on procedures and performance audit of public services under
chairmanship of Shri S.S. Tarapore
(former deputy governor) to address the issues relating to the availability of adequate banking services to the common person.
It was set up to ensure that the common person as a consumer of financial services from the banking industry is it no way at at disadvantageous position and really gets what he or she has been promised.
