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IRDAI CA 2024 > IRDAI Oct > Flashcards

IRDAI Oct Flashcards

1
Q

From Oct 1, 2024, TDS on life insurance payouts is imposed, under?

A

Section 194DA of the IRDAI Act

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2
Q

From Oct 1 2024, TDS on life insurance payouts will go down from 5% to?

Budget 24

A

2%

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3
Q

Square Kilometer Array (SKA), the world’s largest radio telescope, has started its 1st observations, it is located in?

A

Australia & South Africa

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4
Q

5th Nadi Utsav, 2024 was inaugurated in? Its theme is?

A

New Delhi
Rivers in Reverse: Making of a Lifeline

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5
Q

International WASH conference is by?

A

Min of Jal Shakti

Water, Sanitation & Hygiene (WASH)

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6
Q

When was AB PM-JAY launched?

A

Sept, 2018

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7
Q
  • Min of Env’s Nagar Van Yojana is dedicated to develop how many Nagar Van/Vatika in cities?
  • What is the financial assistance provided?
A

1,00 in 100 days - 1000 by 2027
Rs. 4 lakh per ha

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8
Q

Meta’s new AI model announced in Oct?

A

Movie Gen

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9
Q

New per-transaction limit for UPI123Pay to promote wider adoption of UPI?

A

Rs. 10,000

From Rs. 5,000

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10
Q

What is the UPI lite wallet limit?

A

Rs. 5,000

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11
Q

The recipient of the UNHCR NAnsen Refugee Award’s Global Laureate?

A

Sister Rosita Milesi

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12
Q

What is the revised asset monetisation target for FY25 under the National Monetisation Pipeline (NMP)?

A

Rs. 1.9 trillion

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13
Q

What is WTO’s projection for world merchandise trade growth in ‘25? And also for ‘24?

A

3%
2.7%

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14
Q

Where was India’s 1st Demonstration Facility for Biopolymers inaugurated?
India’s bioeconomy is expected to grow to $300 bn by?
It is an effort to develop indigenously integrated tech for Which type of bioplastic?

A

Pune
$300 bn by 2030
Polylactic Acid (PLA)

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15
Q

Newest, 8th Tiger Reserve of MP?

A

Ratapani Wildlife Sanctuary

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16
Q

What is India’s rank globally among countries with foreign exchange reserves exceeding $700 bn as of Sept 2024

A

4th
Behind China, Japan & Switzerland

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17
Q

What is the value of the Line of Credit extended by India to Mauritius for a water pipeline project?

A

Rs. 487.60 crore

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18
Q

What rank did India achieve in 6G related patents acc to MaxVal’s data?

A

6th

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19
Q

Where was the 23rd Meeting of SCO COuncil of heads of governments (CHG) held?

A

Islamabad, Pakistan

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20
Q

Which companies merger approved by RBI will create India’s 12th largest NBFC?

A

Tata Capital & Tata Motors Finance

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21
Q

Which state won National Water Awards?

A

Odisha

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22
Q

Which Financial Institution recently joined the partnership for Carbon Accounting Financials (PCAF) as a signatory?

A

Union Bank of India

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23
Q

UPI accounts that have not been active for ____ months will be deactivated

A

12 months

1 year

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24
Q

When was UPI introduced by NPCI? it is built over?

A

2016
IMPS

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25
Q

____ is a new UPI feature where users can give voice commands to transfer funds and input a UPI pin to complete the transaction.

A

Hello UPI!

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26
Q

Acc to new regulations, Limits for execution of e-mandates without Additional Factors of Authentication (AFA) inc from Rs. ____ to Rs. ____ for credit card bill payment, mutual fund subscriptions and insurance premiums

A

Rs. 15,000 to Rs. 1L

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27
Q

UPI transactions related to capital markets, collections, insurance, and foreign inward remittances have a limit of Rs ____ /day

A

Rs. 2L per day

other sector at 1lakh

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28
Q

UPI wallet limit raised from Rs. 2k to Rs.?

A

Rs. 5k

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29
Q

When a minor reaches age 18, the NPS Vatsalya account undergoes a seamless transition to NPS TIer-1 (All Citizens) model, then a fresh KYC must be completed within ____ months from the date of turning 18.

A

3 months

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30
Q

Documents required to open acc under NPS Vatsalya

A
  • Proof of DOB of minor
  • KYC of guardian
  • PAN of guardian
  • If NRI: then NRE/NRO bank account required
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31
Q

What are the 3 investment choices of NPS Vatsalya?

A

Default Choice - 50% to equity
Auto Choice - 75% to equity
Active Choice - 75% to equity and 100% to corporate debt

0-18-70

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32
Q

Who is leading the 22-member advisory committee set up by SEBI to streamline obligations & disclosures?

A

Rama Subramaniam Gandhi

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33
Q

Elected Managing Director of SBI?

A

Rama Mohan Rao Amara

Challa Sreenivasulu Shetty - Chairman

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34
Q

World’s 1st AI-powered health monitoring app launched by Bisam Pharma

A

Quick Vitals

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35
Q

Latest country authorised to become new member of NDB? NDB president?

New Development Bank - BRICS - HQ: Shanghai

A

Algeria
Dilma Rousseff

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36
Q

Himalaya Diwas is on?

A

9th Sept

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37
Q

India’s 1st Silicon carbide manufacturing facility was built in?

A

Bhubaneswar

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38
Q

The growth% of small savings scheme in India, according to RBI data is?

A

13.8%

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39
Q

Prof. Govindarajan Padmanabhan received which award in the 1st Rashtriya Vigyan Puraskar?

A

Vigyan Ratna

Mol bio & Biotech

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40
Q

How many total awards were given in the 1st Rashtriya Vigyan Puraskar?

A

33

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41
Q

Duration of the Joint Action Plan agreed upon between India & Poland to implement their Strategic Partnership?

A

5 yrs

2024-2028

42
Q

How many districts are there in Ladakh - how many are being added?

A

2+5=7

43
Q

Projected growth of India’s Space economy over a decade?

A

$8 bn - $44bn

44
Q

Proposed outlay for Vigyan Dhara?

A

Rs. 10,579 crore

45
Q

How many projects were greenlit by the government to enhance India’s industrial landscape and which states are involved?

A

12 projects
Uttarakhand, Telangana, Punjab, Rajasthan

46
Q

Global RE-INVEST was held in ____, it is by Ministry of ____ & CII.
There ____ state received highest achiever in Renewable Energy Capacity as well as wind

A

In Gandhinagar Gujarat
MNRE & CII
Gujarat

47
Q

India’s installed renewable energy capacity has increased from 75.5 GW in 2014 to >____ in 2024

A

> 207.7 GW

48
Q

DAY NRLM provide credit via which fund to bolster economic empowerment and strengthen the rural economy?

A

WEAF

49
Q

Mumbai’s 1st underground Metro corridor has been renamed?

A

Kotak Bandra-Kurla Complex Metro Station

Kolkata - 1984

50
Q

FATF report ‘Anti-Money Laundering & counter Terrorism financing measures’ has placed in which category?

A

“Regular Follow-Up”

Highest rating categroy - with UK, France, Italy

51
Q

Which firm has partnered with Startup India unde DPIIT to empower startups through e-commerce through a dedicated page on Starup India Portal

A

Amazon

52
Q

Acc to ACKO India Health Report ‘24, avg health insurance size in India? And medical inflation is?

A

11%
14%

While headline inflation or CPI is about 5.75%

53
Q

Gross enrollment under Atal Pension Yojana has crossed?

A

7 crore

54
Q

Insurance benefits for all members of EPFO under Employee Deposit Linked Insurance (EDLI) has been increased for life cover to?

A

Rs. 7 lakh

Rs. 2.5L min

55
Q

RBI published the MIBOR Benchmark Committee report. It was chaired by?

A

R. Subramanium

56
Q

On which month does IRDAI observe National Cyber Security Awareness?

A

October

57
Q

Acc to NSO ____% of youth aged 15-29 can search the internet, receive an email and perform an online transaction

A

29.5%

58
Q

Which act of RBI authorised Piramal Pay - a prepaid payment instrument?

A

Payment & Settlement Systems Act, 2007

59
Q

Acc to RBI, PPIs in the country can be issued under 3 systems:

Prepaid Payment Instrument

A
  1. CLosed systms
  2. Semi-closed systems
  3. Open Systems
60
Q

The ____ of the World Bank Group + ____ aims to provide $500 mn loan to scale green financec and develop blue finance in India - 1st blue investment in India and the largest green by WB.

A

IFC International Finance Corporation
Axis Bank

61
Q

Nobel Prize on Economics went to Daron Acemoglu, Simon Johnson and James Robinson for?

A

Studies on how institutions are formed affect prosperity

62
Q

PM + PM of Spain Mr Pedro Sanchez jointly inaugurated the TATA Aircraft Complex for manufacturing C-295 aircraft at TATA advanced systems ltd. (TASL) Campus in ____

A

Vadodara, Gujarat

63
Q

17th BRICS SUMMIT will be held in? the 4 newest memebers are?

A

Brazil
Egypt, Ethiopia, Iran, UAE

64
Q

ITU-WTSA is held every? experts from ___ countries join

A

4 yrs
190 countries

65
Q

National Space Commission cleared the 5th Lunar Mission - Lupex by?

A

ISRO & JAXA

Japan Aerospace Exploration Agency

66
Q

WHO SEARO has ____ members and is headquartered in ____

WHO Regional Committee for SE Asia

A

11 members
New Delhi

Chairperson - Health Minister, JP Nadda

66
Q

Women Asian Championship Trophy 2024 for Hockey will be held in? Mascot?

A

Rajgir, Bihar
Gudiya

67
Q

Swachh Bharat Mission Completed ___yrs, for that ____ campaign was launched with ___ theme

A
  • 10 yrs
  • Swachhta Hi Seva Campaign
  • Swabhav Swachhata, Sanskaar Swachhata
68
Q

The Eight Core Industries comprise ____% of wt of items in IIP.

A

40.27%

coal crude oil natural gas refinery fertilizer steel cement electricity

69
Q

____ scheme launched on Oct 2, 2024 which aims for overall development of tribal villages and bring socio-economic change. It was launched from ____

A

Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DAJGUA)
Hazaribagh, Jharkhand

70
Q

Union Cabinet has granted classical language status to which 5 languages?

A

Marathi, Pali, Prakrit, Assamese & Bengali

Total 11: Tamil, Sanskrit, Telegu, Kannad, Malayalam, Odia + 5

71
Q

Which section of the RBI act calls for the formation of the MPC? how many members does it have? and they hold office for how many years?

A

Section 45ZB of RBI Act 1934
6 members
4 yrs

72
Q

Chagos Archipelago will be handed over to ____ it has roughly ____ islands

A

Maritius
58 islands

73
Q

B-Ready index is intended to replace ____ rankings. IT was developed by?

A

Ease of Doing Business Ranking
World Bank

74
Q

Top 5 states according to ASI by MoSPI in terms of GVA

Annual Survey of Industries

A

Maha
Guj
TN
Karnatak
UP

75
Q

MACE observatory is the largest imaging Cherenkov telescope in Asia - and the highest in the world, who is it build by? Where is it located?

A

BARD
Ladakh

76
Q

Year ____ will be celebrated as ASEAN-India Year of Tourism

A

2025

To celebrate a decade of Act East Policy

77
Q

Acc to SEBI’s New Delisting Regime, The min price for a fixed price delisting shall be a ____% premium over the floor price

A

15%

78
Q

The Scheme Sugam Rinn Bhugtan Yojana is by? IT provides a ____ provision for borrowers willing to settle their NPA dues and avoid legal entanglement

A

IDBI Bank
One-Time Settlement (OTS)

principal outstanding: Rs. 10L - 10 crore

79
Q

Who has declared that India has eliminated ____ as a public health problem, the ____ country in SE Asia to do it. It is a kind of ____ disease that causes blindness

A

Trachoma
3rd country in SE Asia
Bacterial disease

Natnal Trachoma Control Prog 1963 (National Prog for cntrl of Blindnes

80
Q

India’s 1st modern, self-reliant gaushala is ____ it is located in ____

A

Lal Tipara Gaushala
Gwalior MP

81
Q

SEBI at its board meeting allowed the holder of both instruments to include up to how many nominees?

A

10

82
Q

Who is the Most Powerful Woman in Business according to Fortune? theme?

A

Mary Barra
When Business & Personal Crisis Collide

83
Q

Where are Bihar’s 1st and 2nd Tiger reserves Located?

A

1 - West Champaran
2 - Kaimur District

84
Q

The WB + ____ will fund $1600 mn for Amravati Capital City Ph 1 development

or Rs. 13,600 crore

A

Asian Development Bank

85
Q

Private sector bank ____ and MakeMyTrip have partnered to introduce a new premium co-branded credit card designed for frequent travelers

A

ICICI

86
Q

A report by ____ says that the era of fossil fuel dominance is coming to an end with renewables expected to cross ____% share of electricity generation globally by the end of this decade.

A

RBI
50% share of electricity generation

87
Q

Acc to a report by RBI, for every $ that goes into fossil fuels, an avg of $___ needs to be invested in low carbon energy over the remainder of the decade

A

$3

88
Q

Which airport is now Jagadguru Sant Tukaram Maharaj Airport

A

Pune International

89
Q

Who publishes Regional Economic Outlook for Asia & Pacific?

A

IMF

90
Q

SEBI mandated investors to use UPI to block funds for public debt securities application up to Rs. ____

A

Rs. 5 lakh

91
Q

Which is not component of PM Internship Scheme:
1. To offer 1.25 lakh internship opportunities during FY24-25 to about 1 crore young people in the next 5 yrs
2. Interns to be insured under JJBY, SBY through govt
3. Candidate should not be engaged in full-time employment, those in govt employed amilies are not eligible, graduates from presigious unis and professional degree holders are not eligible
4. Monthly 5k = 4.5k (by govt) + 500 (by company) from their CSR
5. One time financial assistance of 7k to cover incidental expenses

A

5 - Rs. 6k

92
Q

____ has signed a loan of $162 mn to support tourism development in HP

A

ADB

93
Q

SEBI has drastically reduced the trading lot size of privately placed InvITs to Rs. ____lakh. The current trading lot for secondary market trading for privately placed InvITs is set at ____ & if the InvIT invests at least 80% of its asset value in completed & revenue generating assets than the trading lot is Rs. ___

A

Rs. 25 lakh
Rs. 1 crore
Rs. 2 crore

94
Q

DRDO + ____ has developed ABHED, its fulform is?

A

IIT-D
Adv Ballistics for High Energy Defeat

95
Q

Who has been named the global brand ambassador of Bank of Baroda?

A

Sachin Tendulkar

96
Q

____ + PhonePe will offer instant short term credit on UPI to its pre-approved customers for upto Rs. ____ with repayment period of ____

A

ICICI
Rs. 2L for 45 days

97
Q

The inaugural Climate & Health Africa Conference (CHAC 2024) was held in?

A

Harare, Zimbabwe

98
Q

BRIC-National Agri-Food Bio-Manufacturing Institute was opened in?

A

Punjab, India

99
Q

Rank of India in Rule of Law Index by World Justice Project?

A

79/142

IRDAI CA 2024 (12 decks)

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