A ____ member working group has been constituted by the Indian Banks’ Association (IBA) for implementing the recommendations of the Reserve Bank of India’s committee on the “working of the Asset Reconstruction Companies (ARCs)”.
(A)
Three
(B)
Four
(C)
Five
(D)
Six
Correct Answer: (C)
Explanation: A five-member working group has been constituted by the Indian Banks’ Association (IBA).
2.
Tamim Iqbal is the player of which country?
(A)
Afghanistan
(B)
Bangladesh
(C)
UAE
(D)
Pakistan
Correct Answer: (B)
Explanation: ODI Skipper of Bangladesh, Tamim Iqbal, announced his retirement from international cricket.
3.
Services PMI growth declined to a three-month low of ________.
(A)
58.5
(B)
68.5
(C)
48.5
(D)
38.5
Correct Answer: (A)
Explanation: India’s services sector’s Purchasing Managers’ Index (PMI) declined to 58.5 from 61.2 in May 2023
4.
Who has been appointed as the new executive director of RBI?
(A)
P Vasudevan
(B)
Anup Bagchi
(C)
Girish Chandra Chaturvedi
(D)
Sandeep Bakhshi
Correct Answer: (A)
Explanation: Reserve Bank of India appointed P Vasudevan as the new executive director.
5.
Recently, Defence Ministry signed a contract with Hindustan Aeronautics Limited for the procurement of _____ Dornier Aircraft for the Indian Coast Guard.
(A)
Two
(B)
Three
(C)
Four
(D)
Five
Correct Answer: (A)
Explanation: Defence Ministry has signed a contract with Hindustan Aeronautics Limited (HAL).
6.
Consider the following statements regarding the recently presented budget for Karnataka for the years 2023-2024.
1. Karnataka CM Siddaramaiah presented the state budget with a total outlay of Rs 3.27 lakh crore.
2. CM announced that ₹52,000 crores had been earmarked to implement the five pre-poll guarantees of Congress.
Which of the above statements is/are correct?
(A)
1 only
(B)
2 only
(C)
Both 1 and 2
(D)
Neither 1 nor 2
Correct Answer: (C)
Explanation: Karnataka CM Siddaramaiah presented the state budget with a total outlay of Rs 3.27 lakh crore for 2023-24.
7.
Which state government has launched the ‘Ama Pokhari’ Yojana?
(A)
Odisha
(B)
Uttar Pradesh
(C)
Andhra Pradesh
(D)
Haryana
Correct Answer: (A)
Explanation: CM Naveen Patnaik launched the ‘Ama Pokhari’ Yojana.
8.
Which state government announced a monthly pension of Rs 2,750 per month for widowers and unmarried people?
(A)
Punjab
(B)
Madhya Pradesh
(C)
Himachal Pradesh
(D)
Haryana
Correct Answer: (D)
Explanation: A monthly pension of Rs 2,750 per month for low-income unmarried in the age group of 45-60 has been announced by the Haryana government.
9.
Which of the following wins the GeM award in the "Timely Payments (CPSEs)" category for 2023?
(A)
NLC India Limited
(B)
NHPC Limited
(C)
NTPC Limited
(D)
Oil and Natural Gas Corporation
Correct Answer: (A)
Explanation: NLC India Limited (NLCIL) bagged the GeM award in the category "Timely Payments (CPSEs)" for 2023.
10.
Major Bakhtawar Singh Brar passed away at the age of 109 in the US. He had served in which regiment of the Indian Army?
(A)
Kumaon Regiment
(B)
Bihar Regiment
(C)
Madras Regiment
(D)
Gorkha Regiment
Correct Answer: (A)
Explanation: He served in the Faridkot State Forces and was commissioned into the 6 Kumaon Regiment in 1945.
11.
Which of the following is/are the expected benefit of internalization of Indian rupees
1. It may reduce the need for holding foreign exchange reserves.
2. It will help in mitigating currency risk for Indian businesses in cross-border transactions.
Which of the statements given above is/are correct?
(A)
1 only
(B)
2 only
(C)
Both 1 & 2
(D)
Neither 1 nor 2
Correct Answer: (C)
Explanation: Statement 1 is correct: The use of the rupee in cross-border transactions mitigates currency risk for Indian businesses. Protection from currency volatility not only reduces the cost of doing business,
12.
Zaporizhzhia nuclear plant which is often in the news, is located in which country
(A)
Russia
(B)
Belarus
(C)
Ukraine
(D)
North Korea
Correct Answer: (C)
Explanation: Recently, there are renewed concerns over the safety of the Zaporizhzhia nuclear plant, the largest in Europe, which was seized by Russian troops early in the war.
13.
Which of the following organization launched ‘One Health Global Leaders Group on Antimicrobial Resistance
1. World Health Organization (WHO)
2. UN Food and Agriculture Organization (FAO)
3. United Nations Children Fund (UNICEF)
4. International Organization on Animal Health (OIE).
Select the correct answer using the code given below.
(A)
1, 2 and 3 only
(B)
2 and 3 only
(C)
1, 2 and 4 only
(D)
1, 2, 3 and 4
Correct Answer: (C)
Explanation: World Health Organization (WHO), UN Food and Agriculture Organization (FAO), and the International Organization on Animal Health (OIE).
14.
Which of the following currencies are part of the Special drawing rights basket
1. US dollar
2. Chinese renminbi
3. Japanese yen
4. British pound sterling
Select the correct answer using the code given below.
(A)
1, 2 and 3 only
(B)
1 and 2 only
(C)
3 and 4 only
(D)
1, 2, 3 and 4
Correct Answer: (D)
Explanation: The SDR is an international reserve asset. The SDR is not a currency, but its value is based on a basket of five currencies—the US dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound sterling.
15.
Consider the following statements, with respect to the Goods and Services Tax (GST) Council
1. It is a constitutional body that is responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India
2. Every decision of the GST Council shall be taken by a majority of not less than three-fourths of the weighted votes of the members present and voting
3. Chairperson of, the Central Board of Excise and Customs (CBEC), is the Ex-officio chairman of the GST Council
Which of the statements given above is/are not correct?
(A)
3 only
(B)
2 and 3 only
(C)
1 and 2 only
(D)
1, 2 & 3
Correct Answer: (A)
Explanation: As per Article 279A (1) of the amended Constitution, the GST Council has to be constituted by the President within 60 days of the commencement of Article 279A.
16.
Consider the following statements regarding Launch Vehicle Mark 3 (LVM3).
1. LVM3 is India’s heaviest rocket.
2. It is a three-stage launch vehicle with a cryogenic upper stage.
3. It does not have a fixed orbit and can go anywhere—GEO (Geosynchronous Earth Orbit), MEO (Medium Earth Orbit), LEO (Low Earth Orbit), and missions to the moon and sun.
How many of the above statements are correct?
(A)
Only one
(B)
Only two
(C)
All three
(D)
None
Correct Answer: (C)
Explanation: The Indian Space Research Organisation (ISRO) renamed the Geosynchronous Satellite Launch Vehicle (GSLV) Mark -III as Launch Vehicle Mark-III, mainly to identify its task of placing satellites into a variety of orbits. The LVM3 will go everywhere —GEO (Geosynchronous Earth Orbit), MEO (Medium Earth Orbit), LEO (Low Earth Orbit), missions to the moon, sun.
17.
Consider the following statements.
1. At present, the cultivation and processing of poppy and opium in India is controlled by the provisions of The Narcotic Drugs and Psychotropic Substances (NDPS) Act and Rules.
2. There are no provisions for granting bail when an accused is booked under Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985 and Unlawful Activities Prevention Act, 1967.
3. The Department of Revenue, Ministry of Finance is the NDPS Act’s nodal administrative authority.
4. The Narcotic Drugs and Psychotropic Substances (NDPS) Act adopts a reformative approach towards drug addicts.
How many of the above statements are correct?
(A)
Only one
(B)
Only two
(C)
Only three
(D)
All four
Correct Answer: (C)
Explanation: After India gained independence, the cultivation and trade of opium passed on to the Indian government, with the activity being controlled by The Opium Act, 1857, The Opium Act, 1878, and The Dangerous Drugs Act, 1930. At present, the cultivation and processing of poppy and opium is controlled by the provisions of The Narcotic Drugs and Psychotropic Substances (NDPS) Act and Rules.
18.
Consider the following statements.
1. Preventing soil erosion is one of the components of Pradhan Mantri Krishi Sinchayee Yojana.
2. Soils help to regulate the earth’s climate by storing carbon.
3. Burning of crop residues can lead to soil nutrient loss.
Which of the above statements is/are correct?
(A)
1, 2
(B)
1, 3
(C)
2, 3
(D)
1, 2, 3
Correct Answer: (D)
Explanation: Soils help to regulate the planet’s climate by storing carbon and are the second largest carbon sink after the oceans. They help maintain a landscape that is more resilient to the impacts of droughts and floods. As soil is the basis of food systems, it is no surprise that soil health is critical for healthy food production.
19.
Consider the following statements regarding postal ballots.
1. Members of the armed forces and government employees posted outside India are entitled to vote only by post.
2. Voters under preventive detention cannot vote by post.
3. President of India, Vice President, Governors, and Union Cabinet ministers have the option to vote by post.
How many of the above statements are correct?
(A)
Only one
(B)
Only two
(C)
All three
(D)
None
Correct Answer: (B)
Explanation: Postal ballots are a restricted set of voters who can exercise postal voting. Through this facility, a voter can cast her vote remotely by recording her preference on an official ballot paper and sending it back to the election officer before counting.
20.
Consider the following statements
1. Barpukhan was a post equivalent to Governor General created in Ahom Kingdom.
2. The Battle of Saraighat was a naval battle fought between the Mughal Empire and the Ahom Kingdom on the Brahmaputra river.
Which of the above statements is/are incorrect?
(A)
1 only
(B)
2 only
(C)
Both 1 and 2
(D)
Neither 1 nor 2
Correct Answer: (D)
Explanation: Barpukhan was a post equivalent to Governor General created by Ahom king Pratap Simha or Susengpha (1603-1641). The hillock by the Brahmaputra, mentioned in ancient scriptures as Mandrachal, was from where Ahom General Lachit Barpukhan launched the Battle of Saraighat in March 1671 to inflict the most crushing defeat on the Mughals. Saraighat is regarded as the “greatest naval battle ever fought in a river”.
21.
State Agriculture Minister Badal Patralekh inaugurated the Shravani Mela with traditional rituals and prayers. Which of the following is true about the Baba Baidyanathdham Temple?
(A)
It is a famous Buddhist temple
(B)
It is located in Varanasi
(C)
It is a Jain pilgrimage site
(D)
It is recognized as one of the 12 Jyotirlingas
Correct Answer: (D)
Explanation: Baba Baidyanathdham Temple, located in Deoghar, is recognized as one of the 12 Jyotirlingas, which are the most revered and sacred Shiva temples in the country.
22.
Tomato farmers in Maharashtra and Karnataka have attributed the decline in their yields earlier this year to two distinct viruses. Those in Maharashtra reported that their tomato crops were adversely affected by the cucumber mosaic virus (CMV), whereas growers in Karnataka and other South Indian states attributed their losses to the tomato mosaic virus (ToMV). Which viral family does the tomato mosaic virus (ToMV) belong to?
(A)
Virgaviridae
(B)
Cucumoviridae
(C)
Tymoviridae
(D)
Tobamoviridae
Correct Answer: (A)
Explanation: The tomato mosaic virus (ToMV) is a member of the Virgaviridae family, which is closely related to the tobacco mosaic virus (TMV).
23.
Which position did the Indian men’s hockey team finish in the FIH Pro League 2022-23?
(A)
First
(B)
Second
(C)
Third
(D)
Fourth
Correct Answer: (D)
Explanation: The Indian men’s hockey team finished fourth in the FIH Pro League 2022-23.
24.
The collapse of the Dutch government due to differences in migration policy has set the stage for a highly contentious election campaign in November. Who is the longest-serving leader in the Netherlands?
(A)
Mark Rutte
(B)
Sigrid Kaag
(C)
Wopke Hoekstra
(D)
Carola Schouten
Correct Answer: (A)
Explanation: Mark Rutte is the longest-serving leader in the Netherlands and has been in office since 2010.
25.
Which rate provides a safety valve for banks to meet unforeseen liquidity requirements by borrowing funds from the RBI against the collateral of government securities?
(A)
Reverse Repo Rate
(B)
Cash Reserve Ratio (CRR)
(C)
Statutory Liquidity Ratio (SLR)
(D)
Marginal Standing Facility (MSF) Rate
Correct Answer: (D)
Explanation: The MSF rate allows banks to borrow overnight funds from the RBI against the collateral of government securities in case of unforeseen liquidity requirements.