Model Questions
1. To deal with the increasing circulation of banknotes, RBI recently decided to set up an Automated Banknote Processing Centre (ABPC) in …………. for receipt, storage and dispatch of currency notes.
1) Hyderabad 2) Kolkata 3) Shimla 4) Delhi 5) Jaipur
2. Asian Development Bank approved how much technical assistance to support advanced biofuel development in India?
1) $ 2.5 million 2) $ 5 million 3) $ 3.5 million 4) $ 10 million 5) $ 20 million
3. RBI cancelled the licence of The Karad Janata Sahakari Bank Ltd located in …………., as it does not have adequate capital and earning prospects?
1) Karnataka 2) Goa 3) Maharashtra 4) UP 5) Rajasthan
4. iMobile Pay launched by……………….
1) HDFC Bank 2) SBI 3) YES Bank
4) ICICI Bank 5) Union Bank of India
5. Who launched a new digital payment app “DakPay”?
1) Government of India and SBI
2) SEBI and Maharashtra
3) India Post Payments Bank and Department of Posts
4) India Post Payments Bank & HDFC Bank
5) Airtel Payment Bank
6. The RBI approved the re-appointment of whom as MD & CEO of the Kotak Mahindra Bank?
1) Sandeep Bakshi 2) Sumant Kathpalia 3) Padmaja Chunduru
4) Aditya Puri 5) Uday Kotak
7. Which bank launched a tech-based loan management solution 'LenS-The Lending Solution', to speed up and maintain accuracy in online loan processing and sanctioning of credit proposals?
1) Kotak Mahindra Bank 2) Punjab National Bank
3) ICICI Bank 4) UCO Bank 5) Indian Bank
8. An International Monetary organization providing a loan of $1,000 million to support ‘Aatma Nirbhar Bharat Abhiyan’ to support India’s economic recovery from COVID-19. It is ……….
1) New Development Bank 2) AIIB 3) ADB 4) World Bank 5) IMF
9. A Public Sector Bank launched the ‘Atma Nirbhar Women Gold Scheme’ under which the bank is offering Gold loans at 0.5 % interest concession for women barrowers. It is…
1) Bank of Baroda 2) Central Bank of India 3) Bank of India
4) Indian Overseas Bank 5) SBI
10. Which bank announced the launch of forex remittance through internet banking through a new tech product by name ‘FX4U’?
1) IDBI Bank 2) IDFC First Bank 3) Canara Bank 4) DBS Bank 5) Citi Bank
11. Which company/ organisation launched micro ATM service in association with ICICI bank, where the company will bring a micro ATM to the customer’s house and he/ she can collect the money by swiping the ATM card.
1) CRED 2) Billdesk 3) Aceware 4) Google Pay 5) Phonepe
12. ADB approved to provide a loan of ………… for upgradation of Bengaluru power distribution system.
1) $ 190 million 2) $ 100 million 3) $ 475 million 4) $ 500 million 5) $ 290 million
13. How much credit has been extended by World Bank's concessionary lending arm International Development Association (IDA) to protect poor in India from Covid impact?
1) $ 100 million 2) $ 200 million 3) $ 400 million 4) $ 550 million 5) $ 150 million
14. SBI said in its research report ‘Ecowrap’ that India’s GDP growth is expected at ……, in 2020-21, upgrading its earlier forecast of −10.9%.
1) −6.8% 2) −6.4% 3) −8.5% 4) −7.4% 5) −9.4%
15. ‘Money Mantra’, a neighbourhood banking channel started by which bank, where the customers can get the banking services in the near kirana, medical stores, Dairy outlets etc?
1) Axis Bank 2) Jana Small Finance Bank 3) Ujjivan Small Finance Bank
4) Jio Payments Bank 5) Cosmos Bank
16. Who launched $ 9 billion vaccine initiative ‘the Asia Pacific Vaccine Access Facility’ (APVAX), offering rapid and equitable support to its developing members, as they procure and deliver effective and safe coronavirus disease (COVID-19) vaccines?
1) World Bank 2) ADB 3) IMF 4) NDB 5) AIIB
17. Which of the following statements is wrong?
1) On 15 December 2020, PM Modi laid the foundation stone of setting up 30,000 megawatts of hybrid renewable energy park in Kutch district of Gujarat.
2) It will be the largest renewable energy park in the world and expected to attract an investment of Rs. 1,50,000 crore.
3) Spread over 72,600 hectares of waste land
4) The park will play a major role in fulfilling India's vision of generating 450 gigawatts of power by 2030
5) All of above Correct
18. Golden Peacock Environment Management Award for the year 2020 in the Steel Sector conferred on…….
1) TATA Steel 2) SAIL 3) Jindal Steel and Power Limited
4) Essar Steel India 5) JSW Steel
19. Sukhbir Singh Sandhu gets another six months extension as the chairman of…….
1) GST Council 2) Electronics Sector Skill Council of India 3) ONGC Videsh Limited
4) National Highways Authority of India 5) Association of Mutual Funds in India
20. Government of India approved $ 448 million Line of Credit (LOC) to which nation for four developmental projects in the fields of road construction, sewerage treatment and information technology?
1) Sri Lanka 2) Uzbekistan 3) Congo 4) Maldives 5) Tanzania
21. Haldibari – Chilahati rail link connect which two nations?
1) India and Pakistan 2) India and Bhutan 3) India and Bangladesh
4) India and Afghanistan 5) India and Myanmar
22. Which of the following statements correct?
1) United Nations Development Programme (UNDP) announced the Human Development Index (HDI) 2020.
2) India got 131 rank having HDI Value (2019) of 0.645. Niger got the last 189th rank.
3) Norway topped the index, followed by Ireland, Switzerland, Hong Kong and Iceland.
4) Life expectancy of Indians at birth in 2019 was 69.7 years, India’s Gross National Income per capita recorded at $ 6,681 in 2019 on Purchasing Power Parity (PPP) basis
5) All of above correct
23. Who declared the launch of an international prize in the field of ‘creative economy’ in the name of Bangabandhu Sheikh Mujibur Rahman, which carries the cash award of $ 50,000?
1) Noble Foundation 2) Government of India 3) UNESCO
4) World Bank 5) Government of Bangladesh
24. Ola declared to establish ‘world’s largest’ electric scooter (e-scooter) manufacturing plant in Hosur in …………
1) Kerala 2) AP 3) Gujrat 4) West Bengal 5) Tamil Nadu
25. National Energy Conservation Day observed on ………………..
1) 24 December 2) 4 December 3) 30 November 4) 14 December 5) 1 December
26. Who won the ‘Social Entrepreneur of the Year award’ instituted by the Schwab Foundation and Jubilant Bhartia Foundation?
1) Azim Premji 2) Sadat Rahman 3) Ashraf Patel 4) Dr. Jajini Varghese 5) Dr. Satish Mishra
27. Where the World Economic Forum (WEF) will hold its 2021 annual meeting, instead of its traditional home of Switzerland?
1) France 2) India 3) Singapore 4) Australia 5) USA
28. Finance Minister Nirmala Sitharaman got 41st rank in the 2020 list of Forbes 100 most powerful women in the world. Who got first rank?
1) German Chancellor - Angela Merkel
2) USA Vice President - Elect Kamala Harris
3) Biocon Founder - Kiran Mazumdar Shaw
4) European Central Bank chief - Christine Lagarde
5) HCL CEO - Roshni Nadar Malhotra
29. Base year of Consumer Price Index for Industrial Workers revised from 2001 to.....
1) 2017 2) 2016 3) 2018 4) 2019 5) 2020
30. Indian Council of Agricultural Research designated 3rd December as “Agricultural Education Day” to commemorate the birth anniversary of ………………
1) M.S.Swaminathan 2) I.V.Subba Rao
3) Subrahmaniam Nagarajan 4) Dr. Rajendra Prasad
5) Neelamraju Ganga Prasada Rao
31. Who won the King Bhumibol World Soil Day Award 2020?
1) NABARD 2) Quality Council of India
3) Indian Council of Agricultural Research
4) Government of Maharashtra
5) FSSAI
32. Union Cabinet approved the assistance of ………. for sugarcane farmers (Ganna Kisan) that will benefit the 5 crore sugarcane farmers and 5 lakh workers employed in the sugar mills and related ancillary activities.
1) Rs. 3,500 crore 2) Rs. 1,500 crore 3) Rs. 2,000 crore 4) Rs. 10,500 crore 5) Rs. 7,500 crore
33. On 16 December 2020, the Union Cabinet approved the auction of 2,251.25 megahertz of spectrum with a reserve price of ………., a move that boosts the quality of 4G telecom services in the country.
1) Rs.1.92 lakh crore 2) Rs.2.45 lakh crore 3) Rs.5.00 lakh crore
4) Rs.3.00 lakh crore 5) Rs.3.92 lakh crore
34. The list of International organisations and their headquarters given. The correct option is …....
1) United Nations Population Fund - New York (USA)
2) International Monetary Organisation Washington DC (USA)
3) World Trade Organization - Geneva (Switzerland)
4) Universal Postal Union - Berne (Switzerland)
5) All of the above correct
35. 2020 United Nations Investment Promotion Award conferred on………
1) Larsen & Turbo 2) Invest India 3) Bajaj Capital
4) Baroda Asset Management India 5) Reliance Capital
36. Which nation’s institute of Bioeconomy Research signed an agreement with cGanga, a think-tank of the National Mission for Clean Ganga, for development of sludge management framework in India?
1) Sweden 2) Japan 3) Norway 4) USA 5) UK
Key: 1-5; 2-1 3;-3; 4-4; 5-3; 6-5; 7-2; 8-1; 9-1; 10-3; 11-3; 12-1; 13-3; 14-4; 15-3; 16-2; 17-5; 18-2; 19-4; 20-2; 21-3; 22-5; 23-3; 24-5; 25-4; 26-3; 27-3; 28-1; 29-2; 30-4; 31-3; 32-1; 33-5; 34-5; 35-2; 36-3
