Identify which among the following statements is incorrect regarding Sovereign Gold Bonds?
A. Investment limit per fiscal year is 4 kg for individuals and Hindu Undivided Family (HUF)
B. Investment limit per fiscal year is 20 Kg for Trusts and similar entities notified by the
C. Bond is available both in demat and paper form
D. Total limit is excluding purchase from secondary market
E. Bond can be used as collateral for loans
Correct Answer: D
Q2.
The Government of India's S3WAAS platform, developed by the National Informatics Centre (NIC), enables the creation of secure and accessible websites for district administrations across the country. With reference to this initiative, which of the following words does NOT represent the letter 'S' in S3WAAS?
A. Smart
B. Scalable
C. Sugamya
D. Secure
E. None of the above
Correct Answer: A
Q3.
Piyush Gupta, the Indian origin Chief Executive of Singapore's largest bank ___________, will step down in March 2025. He will be succeeded by Tan Su Shan, who was appointed as deputy CEO.
A. DBS Bank
B. OCBC Bank
C. United Overseas Bank
D. Bank of Singapore
E. Trust Bank
Correct Answer: A
Q4.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 provides for the establishment of a particular type of institution to acquire and manage non -performing assets (NPAs) of banks and finan cial institutions. Which one of the following types of entities has been established under the provisions of this Act?
A. Asset Reconstruction Company (ARC)
B. Asset Management Company (AMC)
C. Asset Securitisation Fund (ASF)
D. Debt Recovery Tribunal (DRT)
E. Credit Information Company (CIC)
Correct Answer: A
Q5.
Identify which among the following ministries was the top achiever in achieving the targets of the National Monetization Pipeline?
A. Ministry of Commerce
B. Ministry of Defence
C. Ministry of Road Transport and Highways
D. Ministry of Home Affairs
E. Ministry of Finance
Correct Answer: C
Q6.
Identify which among the following statements regarding the features of a BSBDA (Basic Savings Bank Deposit Account) under Reserve Bank of India guidelines is correct?
A. The account holder is required to maintain a minimum balance of 1,000 every month.
B. The account holder is eligible to open multiple BSBDA accounts in the same bank
C. The account can be opened by any individual -there are no age or income criteria set for
D. A BSBDA account permits unlimited free withdrawals from ATMs every month.
E. A BSBDA -Small Account variant allows total credits of up to 5 lakh in a year.
Correct Answer: C
Q7.
Denmark has decided to build the world's first artificial island with the aim to provide clean energy. The island will be located in the North Sea (located between England and Scotland). Power will be generated from which of the following energies?
A. Solar
B. Tidal
C. Wind
D. Geothermal
E. Biomass
Correct Answer: C
Q8.
The World Bank has scrapped Ease of Doing Business and declared a new replacement annual series which will reflect a more balanced and transparent approach toward evaluating a country's business and investment climate. What is the name of the new rep lacement annual series?
A. Ease Business
B. Business PRO
C. Easy Business
D. Business Ready
E. Business PORT
Correct Answer: D
Q9.
The maximum limit of Retirement gratuity and death gratuity shall be increased to _______ from existing Rs 20 Lakh on account of revision of Dearness Allowance payable to Central Government Employees.
A. Rs. 21 Lakh
B. Rs. 22 Lakh
C. Rs. 23 Lakh
D. Rs. 24 Lakh
E. Rs. 25 Lakh
Correct Answer: E
Q10.
As part of India's effort to promote cooperative federalism and evidence -based policymaking, the NITI Aayog was established by replacing the Planning Commission in which year?
A. 2014
B. 2015
C. 2016
D. 2017
E. 2018
Correct Answer: B
Q11.
As per Union Budget 2022 -23, how much amount of Fund has been allocated for Jal Jeevan Mission?
A. Rs. 40,000 crore
B. Rs. 50,000 crore
C. Rs. 35,000 crore
D. Rs. 60,000 crore
E. Rs. 68,000 crore
Correct Answer: D
Q12.
Identify the bank that has introduced "Gram Sampark Abhiyan", a nation -wide Financial Inclusion and Literacy Campaign on the occasion of the 151st birth anniversary of Mahatma Gandhi, in the year 2020?
A. SBI
B. PNB
C. HDFC
D. BoI
E. BoB
Correct Answer: B
Q13.
In which of the following sports did India not participate in the recently held Paris Olympics?
A. Javelin Throw
B. Hockey
C. Rowing
D. Table Tennis
E. Fencing
Correct Answer: E
Q14.
There has been great excitement and a rush of positive sentiment among members of the fintech community (digital lenders), regulated lenders, and investors about the recently (June 2023) published Guidelines on Default Loss Guarantee (DLG) in Digital L ending which were issued by the Reserve Bank of India (RBI). The Guidelines on Default Loss Guarantee (DLG) in Digital Lending is not applicable on which of the following entities?
A. Payment Banks
B. Small Finance Banks
C. State Co -operative Banks
D. NBFC
E. Commercial Banks
Correct Answer: A
Q15.
Who serves as the Ex -officio President of the Council of Scientific & Industrial Research (CSIR), India's premier national R&D organization established in 1942?