Archives

Uncategorized

Top Banking Awareness Quiz by Online IBPS Classes

Leave a comment

Bank PO and Clerical Job aspirants are fully aware of the significance that Current Affairs (CA) section carries in their examination. So, they go to great lengths to gather trustworthy information that is relevant for their exam preparation. In order to do so, they have to consult multiple sources. Such a time consuming and cumbersome exercise makes the life of an aspirant miserable.

As the Centre for Best Online Banking Coaching Classes in India, we make a concerted effort to collate and validate information. Post that, we do a careful screening of this information to ascertain whether exam questions can be based on it. This is the groundwork that goes into each of our CA videos that we make freely available on our YouTube channel.

In addition to these video lectures, our GK experts publish CA quizzes which help you to test and reinforce your learning. The most recent CA quiz based on Banking Industry is provided below. So, let’s dive in and enhance our Banking Awareness quotient!!

March 2022 Banking Awareness Quiz

Question 1) Which among the following banks partnered with Spices Board India to launch an innovative digital platform ‘Spice Xchange India’?
A) SBI
B) HDFC Bank
C) BoB
D) ICICI Bank
E) None of these
Answer – B) HDFC Bank
Explanation:
HDFC Bank partnered with Spices Board India to launch an innovative digital platform ‘Spice Xchange India’

Question 2) Who among the following is the chairperson for the eight member Advisory Committee for SEBI Investor Protection and Education Fund (IPEF)?
A) Amarjeet Singh
B) Asha Shetty
C) G Mahalingam
D) Ramnath Krishnan
E) Nilesh Shah
Answer – C) G Mahalingam
Explanation:
Advisory Committee for SEBI Investor Protection and Education Fund (IPEF) – Chairperson – G Mahalingam

Question 3) Which of the following is the first bank to tie up with UNANU to introduce Digital Freight Financing through its niche software platform module “U-Turbo – a marketplace”?
A) SBI
B) HDFC Bank
C) BoB
D) ICICI Bank
E) KVB
Answer – E) KVB
Explanation:
Karur Vysya Bank (KVB) and Unanu Technologies (UNANU) have come together for digital freight financing. UNANU is a prominent end-to-end Logistics Software Platform provider involved in digital freight finance. KVB is going to use UNANU’s niche software platform module “U-Turbo – a marketplace”

Question 4) Which of the following has partnered with Creditas Solutions for its ‘Neo Collections’ platform?
A) SBI
B) HDFC Bank
C) RBL Bank
D) ICICI Bank
E) KVB
Answer – C) RBL Bank
Explanation:
RBL Bank has partnered with Creditas Solutions for its ‘Neo Collections’ platform to automate collections.

Question 5) Which of the following banks in association with National Payments Corporation of India (NPCI) launched ‘Union MSME RuPay Credit Card’.?
A) SBI
B) HDFC Bank
C) RBL Bank
D) ICICI Bank
E) Union Bank
Answer – E) Union Bank
Explanation:
Union Bank of India (UBI), along with National Payments Corporation of India (NPCI) has recently launched the ‘Union MSME RuPay Credit Card’.

Question 6) Which of the following banks has tied up with Tata Power Solar Systems to launch ‘Surya Shakti Cell’ for financing solar projects?
A) SBI
B) HDFC Bank
C) RBL Bank
D) ICICI Bank
E) Union Bank
Answer – A) SBI
Explanation:
SBI has signed an agreement with Tata Power Solar Systems to launch a dedicated centralised processing cell ‘Surya Shakti Cell’ for financing solar projects.

Question 7) Which of the following has unveiled India’s first debit card with NCMC (National Common Mobility Card) for teens?
A) Clyde
B) Pencilton
C) Digit
D) Flywire
E) None of these
Answer – B) Pencilton
Explanation:
Pencilton has unveiled India’s first debit card with NCMC (National Common Mobility Card) for teens.

Question 8) Which among the following is the central theme of this year’s Economic Survey?
A) Shifting Gears
B) Saving Lives and Livelihoods
C) Agile approach
D) creating opportunity and reducing vulnerability
E) None of these
Answer – C) Agile approach
Explanation:
The Central Theme of Economic Survey 2022 – Agile approach.

Question 9) Which among the following has become the world’s first bank to set up shop in the metaverse?
A) Bank of America
B) BNP Paribas
C) Barclays Bank
D) JP Morgan chase
E) None of these
Answer – D) JP Morgan chase
Explanation: JP Morgan chase has become the world’s first bank to set up shop in the metaverse.

Question 10) Who among the following has launched the first colour souvenir coin on ‘Panchtantra’ on the occasion of 17th foundation day of Security Printing and Minting Corporation of India Limited (SPMCIL)?
A) Shri. Narendra Modi
B) Smt. Nirmala Sitharaman
C) Shri. Ram Nath Kovind
D) Shri. Rajnath Singh
E) None of these
Answer – B) Smt. Nirmala Sitharaman
Explanation:
Smt. Nirmala Sitharaman has launched the first colour souvenir coin on ‘Panchtantra’ at 17th foundation day of Security Printing and Minting Corporation of India Limited (SPMCIL)

Question 11) Which among the following banks launched the Agri Infinity program to enable food and agritech startups to co-evolve scalable digital financial solutions?
A) SBI
B) Yes Bank
C) RBL Bank
D) ICICI Bank
E) Union Bank
Answer – B) Yes Bank
Explanation:
Yes Bank has recently launched the Agri Infinity program to enable agritech and food startup firms to co-evolve scalable digital financial solutions.

Question 12) RBI has extended the deadline for Non-Banking Financial Companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms to _______ from March 2022.
A) Individuals
B) HUF
C) Charitable Trusts
D) Universities
E) All of these
Answer – E) All of these
Explanation:
RBI has extended the deadline for Non-Banking Financial Companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms to September 2022 from March 2022.

Question 13) SBI, BoB, PNB, UBI, Canara Bank, and BoM have subscribed to the shares of _________
A) National Asset Reconstruction Company Ltd (NARCL)
B) Yes Bank
C) India Debt Resolution Company Ltd (IDRCL)
D) Both (A) and (C)
E) All of these
Answer – C) India Debt Resolution Company Ltd (IDRCL)
Explanation:
SBI, BoB, PNB, UBI, Canara Bank, and BoM have subscribed to the shares of India Debt Resolution Company Ltd (IDRCL).

Question 14) Which among the following has partnered with SBI Payments to boost digital payments infrastructure.?
A) VISA
B) Master Card
C) Rupay
D) American Express
E) None of these
Answer – B) Master Card
Explanation:
Master Card has partnered with SBI Payments to boost digital payments infrastructure.

Question 15) RBI has annulled the Certificate of Registration (CoR) that was issued to _______
A) P.C. Financial
B) Simplii Financial
C) Tangerine Bank
D) TD Canada Trust
E) None of these
Answer – A) P.C. Financial
Explanation:
RBI has annulled the Certificate of Registration (CoR) that was issued to P.C. Financial.

Question 16) The biggest bank fraud case ever registered by the CBI is around _____
A) 22,542 crore
B) 22,842 crore
C) 22,945 crore
D) 23,985 crore
E) None of these
Answer – B) 22,842 crore
Explanation:
The biggest bank fraud case ever registered by the CBI is around 22,842 crore.

Question 17) Which of the following has extended a line of credit of $500 million to Srilanka?
A) RBI
B) World Bank
C) EXIM Bank
D) New Development Bank
E) None of these
Answer – C) EXIM Bank
Explanation:
Export Import Bank of India (EXIM Bank) has extended a line of credit(LOC) of $500 million to Srilanka.

Question 18) Which among the following banks has partnered with Hero Electric to offer retail financial solutions?
A) SBI
B) HDFC Bank
C) Axis Bank
D) ICICI Bank
E) None of these
Answer – C) Axis Bank
Explanation:
Axis bank has partnered with Hero Electric to offer retail financial solutions.

Question 19) Lendingkart has partnered with _____ to disburse low-cost MSME loans.
A) SBI
B) HDFC Bank
C) BoB
D) BoM
E) None of these
Answer – D) BoM
Explanation:
Lendingkart has partnered with Bank of Maharashtra to disburse low-cost MSME loans.

Question 20) The ______ and Equirus Wealth have launched a “US Dollar offshore fund”.
A) Federal Bank
B) HDFC Bank
C) BoB
D) BoM
E) None of these
Answer – A) Federal Bank
Explanation:
The Federal Bank and Equirus Wealth have launched a “US Dollar offshore fund” exclusively for its customers.

If you are targeting SSC Exams, you can walk in to our Institute, interact with our faculty and see for yourself why Vidya Guru is regarded as the Best SSC CGL Coaching in Delhi / NCR. Regardless of whether you are looking for Banking, SSC, CTET or CDS Online Coaching Classes for upcoming exams, the quality guidance offered by our experts will go a long way in ensuring your success.

Summary
This Quiz comprises select questions from the world of Banking and Finance that may be asked in IBPS and SBI Probationary Officer & Clerk exams. To enquire about our Live Online Classes and Video Courses, you can call us at 9650549487 / 9650549587 or write into vidyagurudelhi@gmail.com.

Uncategorized

Most Expected March CA Questions by Bank Coaching in Delhi

Leave a comment

When it comes to preparation for Current Affairs, you must learn to prioritize information. You should be clear about whether the information is exam relevant before you go ahead and memorize it. However, this becomes possible only after analyzing the pattern of innumerable past and current examinations. It is where we come into the picture.

Renowned for offering the Best SSC Online Coaching Classes in India, Vidya Guru publishes 100% exam oriented learning videos along with quizzes like this one to guide students involved in Govt. Job preparation in the right direction. That said, we expect that you have covered the latest CA videos published on our YouTube channel before you begin attempting the quiz below. In case you have not, do make it a point to do so after you are through with this Quiz.

March 2022 CA Quiz

Question 1) Meta has partnered up with ______ to empower and support 5 lakh women-led small and medium-sized businesses (SMBs)
A) CII
B) FICCI
C) ASSOCHAM
D) All of these
E) None of these
Answer – B) FICCI
Explanation:
Meta has partnered up with Federation of Indian Chambers of Commerce & Industry(FICCI) to empower and support 5 lakh women-led small and medium-sized businesses (SMBs) across India through its #SheMeansBusiness programme.

Question 2) Xiomara Castro, the first female President of _______
A) Guatemala
B) Honduras
C) Costa Rica
D) Nicaragua
E) None of these
Answer – B) Honduras
Explanation:
Xiomara Castro – First Female President of Honduras

Question 3) Which among the following has joined as Director-General of the National Institute of Electronics & Information Technology (NIELIT)?
A) Shri R.K. Joshi
B) Dr. Madan Mohan Tripathi
C) Smt. Kanchan Panwar
D) Shri . SN Singh.
E) None of these
Answer – B) Dr. Madan Mohan Tripathi
Explanation:
Director-General of the National Institute of Electronics & Information Technology (NIELIT) – Dr. Madan Mohan Tripathi

Question 4) Which among the following companies has appointed Badrinath Srinivasan as Southeast Asia Managing Director?
A) Wipro
B) Infosys
C) HCL
D) TCS
E) None of these
Answer – A) Wipro
Explanation:
Badrinath Srinivasan – Southeast Asia Managing Director of Wipro

Question 5) The 3 day Torgya Festival of the Monpa tribal community is celebrated in _______
A) Andhra Pradesh
B) Assam
C) Arunachal Pradesh
D) Nagaland
E) None of these
Answer – C) Arunachal Pradesh
Explanation:
The 3 day Torgya Festival of the Monpa tribal community is celebrated at Tawang Monastery, Arunachal Pradesh.

Question 6) Antonia Costa, the Prime Minister of ______
A) Guatemala
B) Portugal
C) Costa Rica
D) Nicaragua
E) None of these
Answer – B) Portugal
Explanation:
Antonio Costo has been re-elected as the Prime Minister of Portugal.

Question 7) Which among the following has launched the B2B e-commerce platform to help MSMEs in sourcing industrial products and services?
A) Wipro
B) Infosys
C) L&T
D) TCS
E) None of these
Answer – C) L&T
Explanation:
Larsen & Toubro(L & T) has launched the B2B e-commerce platform to help MSMEs in sourcing industrial products and services.

Question 8) Ola Electric will invest _____in an engineering and vehicle-design centre in the UK.
A) £500 million
B) £100 million
C) £200 million
D) £50 million
E) None of these
Answer – B) £100 million
Explanation:
Indian Electric Vehicle(EV) maker Ola Electric will invest £100 million at an R & D centre in the UK.

Question 9) Which among the following companies has signed an MoU with Alphonso-growing farmer collectives in the Konkan belt?
A) Innoterra
B) Foods and Inns Limited
C) Vidhant Foods
D) Girnar Food & Beverages
E) None of these
Answer – A) Innoterra
Explanation:
Innoterra – an Indo-Swiss food and technology platform company. It has signed an MoU with Alphonso-growing farmer collectives in the Konkan region.

Question 10) CRISIL projected GDP growth forecast at ____ for the next financial year 2022-23.
A) 7.8%
B) 7.7%
C) 7.5%
D) 7.4%
E) None of these
Answer – A) 7.8%
Explanation:
Projected GDP growth forecast at 7.8% by CRISIL.

Question 11) A two-day Spituk Gustor Festival celebrated in _______
A) Ladakh
B) Assam
C) Arunachal Pradesh
D) Nagaland
E) None of these
Answer – A) Ladakh
Explanation:
A two-day festival, Spituk Gustor was celebrated recently in the Ladakh region.

Question 12) Which among the following has been declared as the new Ramsar site on the occasion of World Wetland Day?
A) Idukki Wildlife Sanctuary
B) Khijadia Bird Sanctuary
C) Bakhira Wildlife Sanctuary
D) Both (B) and (C)
E) None of these
Answer – D) Both (B) and (C)
Explanation:
Khijadia Bird Sanctuary of Jamnagar district and Bakhira Wildlife Sanctuary of Uttar Pradesh have been declared as the new Ramsar site on the occasion of World Wetland Day.

Question 13) The First Indian to perform at London’s Royal Albert Hall in 1974 is ______
A) Usha Mangeshkar
B) Lata Mangeshkar
C) Meena Khadikar
D) Hridaynath Mangeshkar
E) None of these
Answer – B) Lata Mangeshkar
Explanation:
The First Indian to perform at London’s Royal Albert Hall in 1974 – Lata Mangeshkar aka The Nightingale of India.

Question 14) When is the International Day of Human Fraternity observed across the World?
A) Feb 1
B) Mar 7
C) Feb 4
D) Mar 8
E) None of these
Answer – C) Feb 4
Explanation:
International Day of Human Fraternity – Feb 4

Question 15) The Union Cabinet has approved the setting up National Land Monetization Corporation (NLMC) as a wholly owned Government of India company with an initial authorised share capital of Rs _____ crore.
A) Rs 5000 crore
B) Rs 2000 crore
C) Rs 3000 crore
D) Rs 1000 crore
E) None of these
Answer – A) Rs 5000 crore
Explanation:
National Land Monetization Corporation (NLMC) as a wholly owned Government of India company with an initial authorized share capital of Rs 5000 crore and paid-up share capital of Rs 150 crore. It is going to undertake the monetization of building assets and surplus land of CPSEs (Central Public Sector Enterprises) and other Government agencies.

Question 16) Who among the following has been appointed the new UGC chairman?
A) Shri. R.K. Joshi
B) Shri. Jagadesh Kumar
C) Smt. Kanchan Panwar
D) Shri. SN Singh.
E) None of these
Answer – B) Shri. Jagadesh Kumar
Explanation:
UGC Chairman – Shri. Jagadesh Kumar

Question 17) India’s 1st Season Style Book ‘The Class of 2006: Sneak Peek into the Misadventures of the Great Indian Engineering Life’ is authored by _______
A) Aubrey Bond
B) Anirudh Suri
C) Arundhati Roy
D) Akash Kansal
E) None of these
Answer – D) Akash Kansal
Explanation:
India’s 1st Season Style Book ‘The Class of 2006: Sneak Peek into the Misadventures of the Great Indian Engineering Life’, is authored by Akash Kansal and launched by Indian film actor, R. Madhavan.

Question 18) Who among the following is appointed as the MD of ‘Indigo’?
A) Aditya Ghosh
B) Rahul Bhatia
C) Naresh Goyal
D) Vinay Dube
E) None of these
Answer – B) Rahul Bhatia
Explanation:
MD of Indigo – Rahul Bhatia

Question 19) Who among the following has won the Saudi Arabian Grandprix 2022?
A) Lewis Hamilton
B) Valtteri Bottas
C) Jos Verstappen
D) Max Verstappen
E) None of these
Answer – D) Max Verstappen
Explanation:
Saudi Arabian Grandprix 2022 – Max Verstappen

Question 20) India’s first Long-Lasting ‘Steel Road’ built in _______
A) Andhra Pradesh
B) Assam
C) Arunachal Pradesh
D) Nagaland
E) Gujarat
Answer – E) Gujarat
Explanation:
India’s 1st Long-Lasting ‘Steel Road’ has come up in Surat, Gujarat.

Now you can join our Live SSC and Bank Online Classes from the comfort of your home. Along with it, you can opt for our Pen Drive / Recorded Videos which are available with a validity of 12 months. Doing so will ensure that you never miss out on anything and have all the learning resources at your disposal, be it our in-depth study material or updated mock test series.

So, all you need to do is just navigate to the page of our website which is relevant to your targeted examination. Moreover, you have the choice of attending our Live Classes for Bank PO and SSC CGL Coaching in Delhi or simply logon to your system and learn from our faculty in real time.

Summary
This CA quiz comprises 20 questions based on important global and national news events of the month of March this year. To sign up for our Online Classes or Video Courses, you can get in touch with our admissions team on: 9650549487 / 9650549587 or you can write us an e-mail at vidyagurudelhi@gmail.com.

Uncategorized

Superb March CA Quiz by Top Bank Coaching in Delhi

Leave a comment

When it comes to preparing for Current Affairs (CA), the battle can be won only if you know what information is significant from the examination perspective. You should be able to filter the information based on which questions are asked in the examinations. It is the element to which you must pay the maximum attention in your CA preparation strategy.

As the institute for Best IBPS Coaching in Delhi NCR for PO and Clerk exams, we focus on this single most important element to help students crack the CA section of SSC, Banking, CDS, State Govt. and other Competitive Exams. In this regard, our experts publish quality videos on our YouTube channel and put out quizzes on this portal. It is done with the mindset that after learning the information provided in the videos, you should reinforce it by attempting a short quiz. The latest quiz containing 20 MCQs based on some of the news items currently in discussion is given below. So, let’s get started!!

Current GK March 2022 Quiz

Question 1) Who has been appointed President & CEO of National e-Governance Division (NeGD)s?
A) Vinay Singh
B) Satya Narayan Meena
C) Anjali Khanna
D) Abhishek Singh
E) None of these
Answer – D) Abhishek Singh
Explanation:
President & CEO of National e-Governance Division (NeGD)s – Abhishek Singh

Question 2) Moody’s, an international Credit Rating agency, has decreased India’s 2022 GDP growth forecast from 9.5% to _____
A) 9.2%
B) 9.3%
C) 9.1%
D) 9.4%
E) None of these
Answer – C) 9.1%
Explanation:
Moody’s, an international Credit Rating agency, has brought down India’s 2022 GDP growth forecast from 9.5% to 9.1%

Question 3) Which among the following is the rank of India on the International Intellectual Property Index?
A) 42
B) 48
C) 53
D) 45
E) 43
Answer – E) 43
Explanation:
India’s stood on 43rd rank on the recently published International Intellectual Property Index.

Question 4) The third edition of the joint military exercise “EX DHARMA GUARDIAN-2022” between India and Japan conducted in ________
A) Chandigarh
B) Karnataka
C) Tamilnadu
D) Kerala
E) None of these
Answer – B) Karnataka
Explanation:
The third edition of the joint military exercise “EX DHARMA GUARDIAN-2022” between India and Japan was conducted in Karnataka.

Question 5) Which among the following nations have adopted a roadmap to enhance their bilateral exchanges on ocean governance and blue economy?
A) India and Italy
B) India and France
C) India and Germany
D) India and UK
E) None of these
Answer – B) India and France
Explanation:
France and India have signed an agreement for enhancing their bilateral exchanges in the field of ocean governance and blue economy.

Question 6) Centre has approved the continuation of the (Border Infrastructure and Management) BIM scheme from 2021-22 to 2025-26 at a cost of ___________
A) Rs.15,000 crore
B) Rs.13,020 crore
C) Rs 14,020 crore
D) Rs 16,020 crore
E) None of these
Answer – B) Rs.13,020 crore
Explanation:
Centre has approved the continuation of the (Border Infrastructure and Management)BIM scheme from 2021-22 to 2025-26 at a cost of Rs 13,020 crore.

Question 7) Which among the following has launched the online platform named Services e-Health Assistance and Teleconsultation (SeHAT)?
A) The Ministry of Defence
B) The Ministry of Telecommunications
C) The Ministry of Health
D) The Ministry of Finance
E) None of these
Answer – A) The Ministry of Defence
Explanation:
The Ministry of Defence (MoD) has launched services for home delivery of medicines for veterans and serving military personnel services under the online platform named Services e-Health Assistance and Teleconsultation (SeHAT).

Question 8) As per the Economic Survey 2021-2022, India has secured ______ rank in production of eggs.
A) 5th
B) 8th
C) 3rd
D) 2nd
E) None of these
Answer – C) 3rd
Explanation:
As per the Economic Survey 2021-2022, India has secured third rank in production of eggs.

Question 9) As per the Economic Survey 2021-2022, India has secured ______ rank in production of meat.
A) 5th
B) 8th
C) 3rd
D) 2nd
E) None of these
Answer – B) 8th
Explanation:
As per the Economic Survey 2021-2022, India has secured 8th rank in production of meat.

Question 10) Which of the following pairs of days is incorrectly matched?
A) Zero Discrimination Day: 1st March
B) National Safety Day: 4th March
C) World Sparrow Day: 20th March
D) National Vaccination Day: 16th March
E) None of these
Answer – E) None of these
Explanation: All the pairs given above correctly matched.

Question 11) As per the Economic Survey 2021-2022, India has secured ______ rank globally in average annual net gain in forest area between 2010 to 2020.
A) 5th
B) 8th
C) 3rd
D) 2nd
E) None of these
Answer – C) 3rd
Explanation:
As per the Economic Survey 2021-22, India has secured third rank globally in average annual net gain in forest area between 2010 to 2020.

Question 12) Which among the following has acquired nearly 25% stake in Bengaluru-based technology startup Lavelle Networks?
A) BSNL
B) Bharti Airtel
C) Reliance Jio
D) Vi
E) None of these
Answer – B) Bharti Airtel
Explanation:
Bharti Airtel has announced an agreement to acquire nearly 25% stake in Bengaluru-based technology startup Lavelle Networks.

Question 13) Which among the following has commenced India’s First Project of mixing hydrogen into a natural gas system at Indore in Madhya Pradesh?
A) IOC
B) GAIL
C) ONGC
D) Coal India
E) None of these
Answer – B) GAIL
Explanation:
The Gas Authority of India Limited (GAIL) has commenced India’s First Project of mixing hydrogen into a natural gas system at Indore in Madhya Pradesh.

Question 14) “World Interfaith Harmony Week” is an annual event observed on ______
A) Feb (1-7)
B) Mar (1-7)
C) Feb (8-15)
D) Mar (8-15)
E) None of these
Answer – A) Feb (1-7)
Explanation:
“World Interfaith Harmony Week” – Feb (1-7)

Question 15) Which among the following companies has overtaken Intel as World’s No.1 semiconductor company in 2021?
A) Wipro
B) Samsung
C) Realtek
D) Broadcom
E) None of these
Answer – B) Samsung
Explanation:
Samsung has overtaken Intel as World’s No.1 semiconductor company in 2021.

Question 16) Assets under management (AUM) for environmental, social and governance (ESG) funds have risen 2.5 times to_______ in India in FY 2021
A) $650 million
B) $750 million
C) $850 million
D) $550 million
E) None of these
Answer – A) $650 million
Explanation:
Assets under Management (AUM) for environmental, social and governance (ESG) funds have risen 2.5 times to $650 million in India in FY 2021

Question 17) A new book titled “WHY THEY KILLED GANDHI UNMASKING THE IDEOLOGY” is authored by _______
A) Aubrey Bond
B) Anirudh Suri
C) Arundhati Roy
D) Ashok Kumar Pandey
E) None of these
Answer – D) Ashok Kumar Pandey
Explanation:
A new book titled “WHY THEY KILLED GANDHI UNMASKING THE IDEOLOGY” is authored by Ashok Kumar Pandey.

Question 18) Indian economy contracted by _____ in 2020-21 on account of the outbreak of COVID-19.
A) 6.8%
B) 6.6%
C) 6.5%
D) 6.2%
E) None of these
Answer – B) 6.6%
Explanation:
In 2020-21, Indian economy suffered a contraction of 6.6% because of the COVID-19 pandemic.

Question 19) Who among the following has been appointed as the new head of the Defence Intelligence Agency?
A) KJS Dhillon
B) GAV Reddy
C) Biswajit Dasgupta
D) Ravneet Singh
E) None of these
Answer – B) GAV Reddy
Explanation:
GAV Reddy – new head of the Defence Intelligence Agency.

Question 20) LIC Chairman MR Kumar’s term has been extended till _________
A) Jan 2023
B) Feb 2023
C) Mar 2023
D) April 2023
E) None of these
Answer – C) Mar 2023
Explanation:
LIC Chairman MR Kumar’s term has been extended till March 13, 2023

Renowned for providing the Best SSC Coaching in Delhi region, Vidya Guru is the institute of choice for students from all across India who are engaged in CGL and CHSL exam preparation. To be able to reach out and act as mentors to all such students, we have launched Online Live Classes as well. Along with these Online Classes, you can subscribe to our Video Courses and Study Material. Doing so will ensure that you have 100% access to our quality learning resources and are miles ahead of others in the race to land a reputed public sector job.

Summary
Regardless of whether you are looking to sign up for our CDS or SSC or Banking Online Classes for upcoming exams, you have reached the right destination. So, if you want to prepare under the guidance of the finest faculty in the field of Govt. Job Coaching, you can get in touch with our support team on: 9650549487 / 9650549587. To know more about our Classroom Coaching and Online / Pen Drive Courses, you can write to us at vidyagurudelhi@gmail.com.

Uncategorized

Top February Current Affairs Questions by IBPS Classes

Leave a comment

Candidates preparing for Bank PO and Clerical exams fully understand the significance of Current Affairs section. However, CA has become increasingly relevant for SSC examinations as well. Be it CGL or CHSL or CAPF exams conducted by the Staff Selection Commission, CA questions have been gaining prominence in the last couple of years. However, you must keep in mind that your preparation for CA must be exam oriented.

Our faculty, renowned for offering the Best SSC CGL Online Coaching and Bank PO Classes in India, extract the essence of any news event and present before you the most concise and 100% exam relevant information. Thus, whatever you learn from our experts will be instrumental in helping you crack the upcoming Govt. Job and Competitive Exams

Current Affairs February Quiz
Question 1) Which among the following institutes has launched ‘KISAN’ mobile app in Uttarakhand?
A) IIT Bombay
B) IIT Kharagpur
C) IIT Kanpur
D) IIT Roorkee
E) None of these
Answer – D) IIT Roorkee
Explanation:
IIT Roorkee has launched ‘KISAN’ mobile app in Uttarakhand to provide agro-meteorological services to the farmers.

Question 2) Which among the following has become the 100th ‘Har Ghar Jal’ district?
A) Bhiwani
B) Dharamsala
C) Solan
D) Mandi
E) Chamba
Answer – E) Chamba
Explanation:
“Jal Jeevan Mission” (providing tap water to every home) has completed successfully in 100 districts across the country. Chamba, a district in Himachal Pradesh has become the 100th ‘Har Ghar Jal’ district in the country.

Question 3) Who among the following has been named as a full-time member of the Economic Advisory Council to the Prime Minister (EAC-PM).
A) K. N. Raghavan
B) Praveen K. Srivastava
C) Sanjeev Sanyal
D) Aditya Kumar Anand
E) None of these
Answer – C) Sanjeev Sanyal
Explanation:
Sanjeev Sanyal has been named as a full-time member of the Economic Advisory Council to the Prime Minister (EAC-PM).

Question 4) Who among the following has inaugurated the ‘Kisan Drone Yatra’ and flagged off 100 Kisan Drones?
A) Ram Nath Govind
B) Nitin Gadkari
C) Narendra Singh Tomar
D) Narendra Modi
E) None of these
Answer – D) Narendra Modi
Explanation:
PM Modi recently inaugurated the ‘Kisan Drone Yatra’ and also flagged off one hundred Kisan Drones.

Question 5) Which of the following has been nominated as a brand product of J&K’s Doda district?
A) Rose
B) Jasmine
C) Lavender
D) Rosemary
E) None of these
Answer – C) Lavender
Explanation:
Lavender has been nominated as a brand product of J&K’s Doda district to promote lavender under the ‘One District, One Product’ initiative scheme of the central government.

Question 6) The Ministry of Education has approved the continuation of the Rashtriya Uchchatar Shiksha Abhiyan (RUSA) scheme( a Centrally Sponsored Scheme (CSS) operating in mission mode for funding the state government universities and colleges) till ______
A) 31 May 2026
B) 31 March 2026
C) 31 October 2026
D) 31 December 2026
E) None of these
Answer – B) 31 March 2026
Explanation:
The Ministry of Education has approved the continuation of the Rashtriya Uchchatar Shiksha Abhiyan (RUSA) scheme till 31st March 2026 with an outlay of Rs. 12929.16 Cr. out of which the Centre’s Share is Rs. 8120.97 Cr. and the share of the States is Rs. 4808.19 Cr.

Question 7) PM Shri Narendra Modi has inaugurated a 550-tonne capacity “Gobar-Dhan (Bio-CNG) Plant” in _______
A) Indore
B) Dharamsala
C) Solan
D) Mandi
E) None of these
Answer – A) Indore
Explanation:
Our PM Shri Narendra Modi has inaugurated a 550-tonne capacity “Gobar-Dhan (Bio-CNG) Plant” in Indore, Madhya Pradesh.

Question 8) ‘Meri Policy Mere Hath’, a doorstep distribution drive to deliver crop insurance policies to farmers under __________
A) PMAY
B) PMJAY
C) PMSBY
D) PMFBY
E) None of these
Answer – D) PMFBY
Explanation:
The Ministry of Agriculture & Farmers Welfare will introduce ‘Meri Policy Mere Hath’, a doorstep distribution drive to deliver crop insurance policies to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme

Question 9) Who among the following companies has received the ‘India’s Most Trusted Public Sector Company’ award?
A) ONGC
B) Coal India
C) Bharat Petroleum
D) Indian Oil Corporation
E) None of these
Answer – B) Coal India
Explanation:
Coal India has received the ‘India’s Most Trusted Public Sector Company’ award.

Question 10) Mizoram and Arunachal Pradesh celebrated their Foundation Day on ______
A) February 21
B) February 24
C) February 22
D) February 20
E) None of these
Answer – D) February 20
Explanation:
Foundation Day of Mizoram and Arunachal Pradesh – February 20

Question 11) Union Minister for Social Justice & Empowerment Dr. Virendra Kumar launched a Scheme for Economic Empowerment of DNTs (SEED) for the welfare of Denotified, Nomadic and Semi Nomadic Communities. This scheme will ensure expenditure of ________
A) Rs.100 crore
B) Rs.200 crore
C) Rs.400 crore
D) Rs.500 crore
E) None of these
Answer – B) Rs.200 crore
Explanation:
Union Minister for Social Justice & Empowerment Dr. Virendra Kumar launched a Scheme for Economic Empowerment of DNTs (SEED) for the welfare of Denotified, Nomadic and Semi Nomadic Communities. This scheme will ensure expenditure of 200 crore.

Question 12) Which among the following organizations has launched a ‘Quit Tobacco App’.?
A) UNO
B) WHO
C) UNESCO
D) IUCN
E) None of these
Answer – B) WHO
Explanation:
The World Health Organization (WHO) has launched the ‘Quit Tobacco App’ to help the people to give up the use of tobacco in all forms.

Question 13) “Central Excise Day” is observed every year on _______
A) February 21
B) February 24
C) February 22
D) February 20
E) None of these
Answer -B) February 24
Explanation:
Central Excise Day of India is observed every year on February 24 to honor the service of the Central Board of Excise and Customs (CBEC) to the country.

Question 14) Who among the following has been selected as India’s first national maritime security coordinator?
A) R. Hari Kumar
B) Satish Namdeo Ghormade
C) G. Ashok Kumar
D) Karambir Singh
E) None of these
Answer – C) G. Ashok Kumar
Explanation:
G. Ashok Kumar was recently appointed as India’s 1st ever national maritime security coordinator.

Question 15) Which of the following has become the first Indian consumer goods company to become completely plastic waste neutral?
A) Dabur
B) ITC
C) HUL
D) Patanjali
E) None of these
Answer – A) Dabur
Explanation:
Dabur India, India’s largest Ayurvedic company has become 100% plastic waste neutral company in the country.

Question 16) A new book titled “Humane: How the United States Abandoned Peace and Reinvented War” is authored by _______
A) Aubrey Bond
B) Ro Khanna
C) Jimmy Soni
D) Samuel Moyn
E) None of these
Answer – D) Samuel Moyn
Explanation:
A book titled “Humane: How the United States Abandoned Peace and Reinvented War” is penned by Samuel Moyn.

Question 17) Who among the following has been selected as the new Chairman of the Central Board of Secondary Education (CBSE)?
A) K. N. Raghavan
B) Vineet Joshi
C) Sanjeev Sanyal
D) Aditya Kumar Anand
E) None of these
Answer – B) Vineet Joshi
Explanation:
Vineet Joshi – new Chairman of the Central Board of Secondary Education (CBSE)

Question 18) How much is sanctioned by the Ministry of Tribal Affairs for Medaram Jatara 2022 Festival in Telangana?
A) Rs.1.26 crore
B) Rs.2.26 crore
C) Rs.4.26 crore
D) Rs.5.30 crore
E) None of these
Answer – B) Rs.2.26 crore
Explanation:
The Ministry of Tribal Affairs has sanctioned Rs. 2.26 Crore fund for Medaram Jatara 2022 Festival in Telangana.

Question 19) Which among the following countries has secured third rank in 9th US Green Building Council?
A) India
B) China
C) Pakistan
D) Canada
E) None of these
Answer – A) India
Explanation:
9th US Green Building Council (USGBC) annual list(Outside USA):
China – First rank
Canada – Second rank
India – Third rank

Question 20) “International Childhood Cancer Day 2022” is observed on ______ every year.
A) February 15
B) February 24
C) February 22
D) February 20
E) None of these
Answer – A) February 15
Explanation:
“International Childhood Cancer Day 2022” – February 15

To sign up for the Best SSC Coaching in Delhi you can get in touch with Vidya Guru’s student support team on the helpline numbers: 9650549487 / 9650549587. For fee, batch time and other course details, you can also mail us at vidyagurudelhi@gmail.com.

Further, pls. note that our Banking, SSC, CTET and CDS Coaching Online / Pen Drive courses are available along with study material and test series in both Complete English and Bilingual (Hindi + English) mediums.

Summary
This CA quiz comprises 20 questions along with some background information to put things in perspective and to enhance your learning. Nonetheless, if you have any doubts or queries don’t hesitate to send us an e-mail at the above mentioned mail address. We will answer your queries at the earliest.

Uncategorized

Superb Banking Awareness Quiz by Bank Exam Coaching Experts

Leave a comment

Questions on Banking Awareness and Financial News are an essential feature of recruitment examinations conducted by IBPS, SBI, LIC, NICL, SEBI and RBI. So, if you are targeting any of these exams, you must keep abreast of the latest developments taking place in Banking and Financial Services Industry (BFSI). However, most students aren’t aware of the pattern of questions that can be framed based on these developments.

Being the Centre for Best IBPS Coaching in Delhi NCR territory, Vidya Guru Experts understand this problem fully well. In this regard, we keep publishing GK quizzes based on the questions that are likely to be included in Bank PO and Clerk exams. So, let’s get started and attempt a quiz that will benefit your Bank Exam Preparation immensely.

Banking GK Quiz
Question 1) RBI has increased the investment limit in Voluntary Retention Route (VRR) for the investments by Foreign Portfolio Investors (FPIs) from Rs. 1,50,000 Cr. to ______ Cr.
A) 3,50,000 crore
B) 4,50,000 crore
C) 2,50,000 crore
D) 5,50,000 crore
E) None of these
Answer – C) 2,50,000 crore
Explanation:
RBI has increased the investment limit in Voluntary Retention Route (VRR) for the investments by Foreign Portfolio Investors (FPIs) from Rs. 1,50,000 Cr. to 2,50,000 Cr.

Question 2) Which among the following has introduced “India’s first” intelligent messenger called ‘Pops’?
A) Fullerton India
B) Phonepe
C) Freecharge
D) Mobikwik
E) Paytm Money
Answer – E) Paytm Money
Explanation:
Paytm Money has launched “India’s first” intelligent messenger called ‘Pops’. By using this app users can receive specific information related to their stocks, analysis about their portfolio, market news, and important market movements etc.,

Question 3) TerraPay has signed a MOU with NIPL(NPCI International Payments Limited) to boost cashless transactions for Indian customers. The Headquarters of TerraPay is located in _______
A) Russia
B) Netherlands
C) Germany
D) UK
E) Switzerland
Answer – B) Netherlands
Explanation:
TerraPay has signed a MOU with NIPL(NPCI International Payments Limited), the International arm of the National Payments Corporation of India (NPCI) to allow Indian customers with an active UPI ID to receive international payments, in real-time, into their bank accounts using TerraPay. The Headquarters of TerraPay is located in the Netherlands.

Question 4) UPI Safety and Awareness Week is observed from _______
A) January 1 to January 7
B) January 8 to January 15
C) February 1 to February 7
D) February 8 to February 15
E) None of these
Answer – C) February 1 to February 7
Explanation:
The National Payments Corporation of India (NPCI) and the UPI ecosystem have announced the UPI Safety and Awareness initiative. February 1 to 7 is observed as UPI Safety and Awareness Week.

Question 5) Punjab National Bank (PNB), and Patanjali Ayurved Limited (PAL) have launched co-branded contactless credit cards in partnership with ________
A) Rupay
B) VISA
C) Mastercard
D) IMF
E) None of these
Answer – A) Rupay
Explanation:
Patanjali Ayurved Ltd. (PAL) & Punjab National Bank (PNB) have launched a contactless, co-branded credit card in partnership with Rupay.

Question 6) The Reserve Bank of India (RBI) has repealed the licence of Independence Co-operative Bank Ltd. The Independence Co-operative Bank Limited is based on ________
A) Kolkata
B) Nagpur
C) Pune
D) Mumbai
E) Nashik
Answer – E) Nashik
Explanation:
The Reserve Bank of India (RBI) has cancelled the licence of Independence Co-operative Bank Limited. The Independence Co-operative Bank Limited is based on Nashik

Question 7) How many ‘new bank note printing lines’ have been started by Security Printing and Minting Corporation of India Limited (SPMCIL)?
A) 4
B) 2
C) 3
D) 5
E) None of these
Answer – B) 2
Explanation:
Security Printing and Minting Corporation of India Limited (SPMCIL) has started ‘new bank note printing lines’ each at Currency Note Press, Nashik and Bank Note Press, Dewas.

Question 8) Which among the following has been chosen by the Tata Group to finance Air India’s old debt. ?
A) SBI
B) HDFC Bank
C) BoB
D) All of these
E) None of these
Answer – D) All of these
Explanation:
State Bank of India, Bank of Baroda and HDFC Bank have been chosen by the Tata Group as preferred bankers for Air India’s old debt. Tata Group has availed of a Rs 10,000-crore loan from State Bank of India(SBI) and a Rs 5,000-crore loan from Bank of Baroda(BoB).

Question 9) Which among the following has issued $300 million Formosa bonds and listed the issuance on India INX GIFT IFSC?
A) SBI
B) HDFC Bank
C) BoB
D) ICICI Bank
E) None of these
Answer – A) SBI
Explanation: SBI has issued $300 million Formosa bonds and listed the issuance on India INX GIFT IFSC. Formosa bond is a bond issued in Taiwan and it is the first such issuance by any Indian Bank in the Formosa Bond market.

Question 10) The Advisory Board for Banking and Financial Frauds (ABBFF) will examine bank frauds of ______ and above.
A) Rs 50 crore
B) Rs 20 crore
C) Rs 10 crore
D) Rs 5 crore
E) Rs 3 crore
Answer – E) Rs 3 crore
Explanation:
As per the Central Vigilance Commission (CVC) instructions, the Advisory Board for Banking and Financial Frauds (ABBFF) will examine bank frauds of Rs 3 crore and above and recommend action. Till now, the ABBFF examined the financial frauds of Rs 50 crore and above.

Question 11) How many interest rates are there on the “Inflation Indexed National Saving Securities – Cumulative (IINSS-C)” scheme?
A) 2
B) 3
C) 1
D) 4
E) None of these
Answer – A) 2
Explanation:
There are two types of interest rates on the “Inflation Indexed National Saving Securities – Cumulative (IINSS-C)” scheme. They are fixed rate 1.5% per annum and floating rate.

Question 12) Who among the following is eligible to invest in the Inflation Indexed National Saving Securities-Cumulative (IINSS-C) scheme?
A) Individuals
B) HUF
C) Charitable Trusts
D) Universities
E) All of these
Answer – E) All of these
Explanation:
● Individuals
● Hindu Undivided Family (HUF)
● charitable institutions(registered under section 25 of the Indian Companies Act)
● Universities (incorporated by Central, State or Provincial Act /declared to be a university under section 3 of the University Grants Commission Act, 1956)

Question 13) Which among the following is authorized for the investments in Inflation Indexed National Saving Securities – Cumulative (IINSS-C)?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) SBI
E) All of these
Answer – E) All of these
Explanation:
● All nationalized Banks
● SBI
● HDFC Bank
● ICICI Bank
● Axis Bank

Question 14) What is the minimum limit for the investment in the Inflation Indexed National Saving Securities-Cumulative (IINSS-C) scheme?
A) 5000
B) 1000
C) 500
D) 10000
E) Hyderabad
Answer – A) 5000
Explanation:
The minimum limit for the investment in the Inflation Indexed National Saving Securities-Cumulative (IINSS-C) scheme is Rs. 5000.

Question 15) What is the maximum limit for the individual investors in the Inflation Indexed National Saving Securities-Cumulative (IINSS-C) scheme?
A) 5 lakh per annum
B) 6 lakh per annum
C) 10 lakh per annum
D) 12 lakh per annum
E) None of these
Answer – C) 10 lakh per annum
Explanation:
The maximum limit for the individual investors in the Inflation Indexed National Saving Securities-Cumulative (IINSS-C) scheme is 10 lakh per annum.

Question 16) What is the maximum limit for the other than the individual investors in the Inflation Indexed National Saving Securities-Cumulative (IINSS-C) scheme?
A) 15 lakh per annum
B) 18 lakh per annum
C) 25 lakh per annum
D) 20 lakh per annum
E) None of these
Answer – C) 25 lakh per annum
Explanation:
The maximum limit for the other than the individual investors such as HUFs, Charitable Trusts and Universities in the Inflation Indexed National Saving Securities-Cumulative (IINSS-C) scheme is 25 lakh per annum.

Question 17) Which of the following is responsible for the e-stamping system around India?
A) CDSL
B) NSDL
C) SHCIL
D) RBI
E) None of these
Answer – C) SHCIL
Explanation:
Stock Holding Corporation of India Limited (SHCIL) is responsible for the e-stamping system around India.

Question 18) Which of the following is authorized by RBI as Agency Bank for the investments in Inflation Indexed National Saving Securities – Cumulative (IINSS-C) with nationalized banks?
A) CDSL
B) NSDL
C) SHCIL
D) SEBI
E) None of these
Answer – C) SHCIL
Explanation:
The Stock Holding Corporation of India Limited(SHCIL) is authorized by RBI as Agency Bank for the investments in Inflation Indexed National Saving Securities – Cumulative (IINSS-C) with nationalized banks.

Question 19) The premature redemption is allowed in the Inflation Indexed National Saving Securities – Cumulative (IINSS-C) scheme after_____ year for the senior citizens above 65 years.
A) 2
B) 3
C) 4
D) 1
E) None of these
Answer – D) 1
Explanation:
The premature redemption is allowed in the Inflation Indexed National Saving Securities – Cumulative (IINSS-C) scheme after 1 year for the senior citizens above 65 years.

Question 20) The premature redemption is allowed in the Inflation Indexed National Saving Securities – Cumulative (IINSS-C) scheme after _____ for others.
A) 2 years
B) 3 years
C) 4 years
D) 5 years
E) None of these
Answer – B) 3 years
Explanation:
The premature redemption is allowed in the Inflation Indexed National Saving Securities – Cumulative (IINSS-C) scheme after 3 years for others.

This quiz must have given you a glimpse of our in-depth expertise in the domain of Banking Preparation. Nonetheless, those of you, who may still be wondering why students consider us the Best Bank Coaching in Delhi region, are requested to pay a visit to our study centres and interact with our expert faculty. Doing so will help you understand and experience the quality of our teaching methodology firsthand.

Summary
If you have any doubts regarding the contents of this quiz, you can mail us at vidyagurudelhi@gmail.com. Moreover, feel free to call our helpline numbers: 9650549487 / 9650549587 / 9654899726 to get answers to your queries related to SSC, CDS, IBPS Coaching Classes Fees and Course Structure. Our admissions team will be glad to assist you in all possible ways.

Uncategorized

Budget 2022 Key Points by Top SSC Coaching in Delhi

Leave a comment

In this Current Affairs update, we continue from where we had left the last time. Taking up the discussion on Union Budget again, we have presented below a set of Questions based on the noteworthy announcements made by the Finance Minister in the Parliament.

Regarded as the Best SSC Online Coaching Institute in the country, Vidya Guru keeps publishing excellent GK updates for various Govt. Job and Competitive exams that are held from time to time. To learn more from Vidya Guru’s excellent faculty members, we suggest you subscribe to our YouTube channel and get access to the latest videos published by us.

Union Budget Highlights Quiz
Question 1) Who among the following has called the Union Budget 2022-23 as a “Garib Kalyan” Budget?
A) Smt Nirmala Sitharaman
B) Shri Narendra Modi
C) Shri Amit Shah
D) Shri JP Nadda
E) None of these
Answer – D) Shri JP Nadda
Explanation:
Shri JP Nadda, the president of the Bharatiya Janata Party and the member of Rajya Sabha has called the Union Budget 2022-23 as a “Garib Kalyan” Budget.

Question 2) Four Cs are the hallmarks of the Union budget for 2022-23. Which among the following is not related to the “Four Cs”?
A) Continuity
B) Conservatism
C) Correctness
D) Crowding-in
E) Challenges
Answer – E) Challenges
Explanation:
As per the Union Budget 2022-2023, The Four Cs are Continuity, Correctness, Conservatism and Crowding-in.

Question 3) As per the Union Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, India’s GDP growth at ________
A) 8.27%
B) 9.27%
C) 10.27%
D) 7.27%
E) None of these
Answer – B) 9.27%
Explanation:
As per the Union Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, India’s GDP growth at 9.27%

Question 4) How much is allocated additionally for the Production Linked Incentive (PLI) scheme for the manufacturing of high efficiency solar modules?
A) Rs.19500 crore
B) Rs.18500 crore
C) Rs.17500 crore
D) Rs.16500 crore
E) None of these
Answer – A) Rs.19500 crore
Explanation:
Rs.19500 crore is allocated additionally for the Production Linked Incentive (PLI) scheme for the manufacturing of high efficiency solar modules.

Question 5) Which of the following is the vision by the Central Government as per the Union Budget 2022?
A) India@50
B) India@100
C) India@75
D) India@125
E) None of these
Answer – B) India@100
Explanation:
India@100 is the vision by the Central Government as per the Union Budget 2022.

Question 6) How much is allocated under ‘Har Ghar Nal Se Jal’ with an aim to cover 3.8 crore households in 2022-23.?
A) Rs.95000 crore
B) Rs.85000 crore
C) Rs.75000 crore
D) Rs.65000 crore
E) Rs.60000 crore
Answer – E) Rs.60000 crore
Explanation:
Rs.60000 crore is allocated under ‘Har Ghar Nal Se Jal’ with an aim to cover 3.8 crore households in 2022-23.

Question 7) As per the Budget 2022-2023, The Government will pay Rs 2.37 lakh crore for procurement of wheat, paddy under MSP operations.
A) Rs 4.37 lakh crore
B) Rs 2.37 lakh crore
C) Rs 1.37 lakh crore
D) Rs 5.37 lakh crore
E) None of these
Answer – B) Rs 2.37 lakh crore
Explanation:
As per the Budget 2022-2023, The Government will pay Rs 2.37 lakh crore for procurement of wheat, paddy under MSP operations.

Question 8) How much % of the salary of Central Government employees contributed for the National Pension System (NPS) Tier-I?
A) 15%
B) 14%
C) 13%
D) 12%
E) None of these
Answer – B) 14%
Explanation:
The GOI contributes 14% of the salary of its employees to the National Pension System (NPS) Tier-I as per the Union Budget 2022-2023.

Question 9) The Finance Minister Nirmala Sitharaman proposed to reduce the surcharge on co-operative societies from present 12% to _____ for those with total income in the range of more than Rs 1 Cr. and up to Rs. 10 Cr.
A) 5%
B) 6%
C) 7%
D) 8%
E) None of these
Answer – C) 7%
Explanation:
The Finance Minister Nirmala Sitharaman proposed to reduce the surcharge on co-operative societies from the present 12% to 7% for those with total income in the range of more than Rs 1 Cr. and up to Rs. 10 Cr.

Question 10) As per the Union Budget 2022-2023, Customs duty on cut and polished diamonds and gemstones is being reduced to ______
A) 4%
B) 5%
C) 2%
D) 6%
E) None of these
Answer – B) 5%
Explanation:
As per the Union Budget 2022-2023, Customs duty on cut and polished diamonds and gemstones is being reduced to 5%

Question 11) As per the Budget 2022-23, Duty on umbrellas is being raised to ____ %
A) 10%
B) 15%
C) 20%
D) 25%
E) None of these
Answer – C) 20%
Explanation:
As per the Budget 2022-23, Duty on umbrellas is being raised to 20%.

Question 12) As per the Union Budget 2022-23, the Defence R&D will be opened for ________
A) Industry
B) Startups
C) Academia
D) All of these
E) None of these
Answer – D) All of these
Explanation:
As per the Union Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, the Defence R&D will be opened for industry, startups and academia.

Question 13) How much % of the capital procurement budget for Defence will be reserved for domestic industry to reduce dependence on imports of defence equipment?
A) 68%
B) 58%
C) 48%
D) 78%
E) None of these
Answer – A) 68%
Explanation:
68% of the capital procurement budget for Defence will be reserved for the domestic industry in order to reduce dependence on imports of defence equipment.

Question 14) As per the Union Budget 2022-2023, the government has proposed to levy ____ tax on transfer of virtual assets.
A) 25%
B) 20%
C) 15%
D) 30%
E) None of these
Answer – D) 30%
Explanation:
As per the Union Budget 2022-2023, the government has proposed to levy 30% tax on transfer of virtual assets.

Question 15) How many existing academic institutions in different regions will be designated as the centres of excellence for urban planning and design?
A) 6
B) 3
C) 4
D) 2
E) 5
Answer – E) 5
Explanation:
For the purpose of urban planning and design, up to five existing academic institutions in different regions will be designated as the centres of excellence and these centres will be provided endowment funds of Rs 250 crore each.

Question 16) As per the Budget 2022-2023 a new Production Linked Incentive(PLI) scheme to promote 5G and the required 5G spectrum auctions will be conducted in _______
A) 2022
B) 2023
C) 2024
D) 2025
E) None of these
Answer – A) 2022
Explanation:
As per the Budget 2022-2023 a new Production Linked Incentive(PLI) scheme to promote 5G and the required 5G spectrum auctions will be conducted in 2022.

Question 17) How many anganwadis will be upgraded under the Saksham Anganwadis scheme?
A) 3 lakh
B) 5 lakh
C) 4 lakh
D) 1 lakh
E) 2 lakh
Answer – E) 2 lakh
Explanation:
As per the Union Budget 2022-2023, 2 lakh anganwadis will be upgraded under the Saksham Anganwadis scheme.

Question 18) As per the Union Budget 2022-2023, an open platform for the National Digital Health Ecosystem will be launched under ________
A) Aspirational Blocks Programme
B) National Tele Mental Health Programme
C) Vibrant Villages Programme
D) Ayushman Bharat Digital Mission
E) None of these
Answer – D) Ayushman Bharat Digital Mission
Explanation:
As per the Union Budget 2022-2023, an open platform for the National Digital Health Ecosystem will be launched under Ayushman Bharat Digital Mission.

Question 19) Which of the following is introduced for the IT based management of land records?
A) Unique Land Permanent Identification Number
B) Unique Land Parcel Identification Number
C) Unique Land Public Identification Number
D) Unique Land Property Identification Number
E) None of these
Answer – B) Unique Land Parcel Identification Number
Explanation:
As per the Budget 2022-23, Unique Land Parcel Identification Number is introduced for the IT based management of land records.

Question 20) As per the Budget 2022-23, The Government has proposed to phase out the concessional rates in capital goods and project imports gradually and apply a moderate tariff of _____
A) 5.5%
B) 6.5%
C) 7.5%
D) 8.5%
E) None of these
Answer – C) 7.5%
Explanation:
As per the Budget 2022-23, The Government has proposed to phase out the concessional rates in capital goods and project imports gradually and apply a moderate tariff of 7.5%

Having gone through this quiz and perhaps our YouTube channel, you have a fair idea of our teaching methodology. So, based on your targeted exam, now you can easily navigate to the relevant page on this website for choosing the Online / Pen Drive Course best suited to your requirement. Finally, those looking for Quality SSC and Bank Coaching institutes in Delhi / NCR can get in touch with our admissions team on: 9650549487 / 9650549587 / 9654899726.

Summary
This quiz is based on some of the significant highlights of this year’s Union Budget. To get guidance from our senior faculty, you can write in to us at vidyagurudelhi@gmail.com. You can even visit our study centres to speak with them in person.

Uncategorized

Top Union Budget 2022 Questions by Bank Clerk Coaching

Leave a comment

Understanding the Union Budget in detail is a must for every Govt. Job aspirant regardless of whether he / she is preparing for SSC, Banking, CDS, Railways or PSU examinations. Questions based on the data presented in the annual Budget are surely going to be there in these exams.

Vidya Guru, widely recognized as the Institute providing the Best Online SSC Coaching Classes to students across India, has covered the nitty-gritty of the 2022 budget in the form of the quiz given below. It is going to be beneficial from the point of view of not only assessing your knowledge, but also enhancing your learning. So, go through each question carefully and learn all the associated facts and figures.

Union Budget 2022 Quiz
Question 1) A fund with blended capital raised under the co-investment model facilitated through _____ will be set up to finance start-ups in agriculture and rural enterprises.
A) RBI
B) NABARD
C) SIDBI
D) FCI
E) None of these
Answer – B) NABARD
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, A fund with blended capital raised under the co-investment model facilitated through NABARD will be set up to finance start-ups in agriculture and rural enterprises.

Question 2) As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, The government will implement a rationalized and comprehensive scheme to increase domestic production of ____ seeds
A) Flower
B) Vegetables
C) Fruits
D) Oil
E) None of these
Answer – D) Oil
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, The government will implement a rationalized and comprehensive scheme to increase domestic production of oil seeds.

Question 3) As per the Union Budget 2022-23, which among the following portals will be interlinked and their scope will be widened?
A) Udyam, e-Shram, NCS and RBI
B) Udyam, e-Shram, NSDL and ASEEM
C) Udyam, e-Shram, NCS and ASEEM
D) Udyam, UIDAI, NCS and ASEEM
E) None of these
Answer – C) Udyam, e-Shram, NCS and ASEEM
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, Udyam, e-Shram, NCS and ASEEM portals will be interlinked.

Question 4) Which among the following programmes is related to the development of lagging blocks of aspirational districts?
A) Vibrant Villages Programme
B) Aspirational Blocks Programme
C) Har Ghar, Nal Se Jal
D) Housing for All
E) None of these
Answer – B) Aspirational Blocks Programme
Explanation:
The “Aspirational Blocks Programme” is related to the development of lagging blocks of aspirational districts. The programme will focus on blocks in those districts in 2022-23.

Question 5) The new “Vibrant Villages Programme” will cover the development of villages on the ______
A) Northern Border
B) Southern Border
C) Eastern Border
D) Western Border
E) None of these
Answer – A) Northern Border
Explanation:
“Vibrant Villages Program”
It will cover the development of villages on the Northern Border.

Question 6) How much % of the Post Offices come under the core banking system?
A) 20%
B) 50%
C) 75%
D) 100%
E) None of these
Answer – D) 100%
Explanation:
As per the Budget 2022-2023, 100% of 1.5 lakh post offices to come under Core Banking System in 2022.

Question 7) As per the Budget 2022-2023, issuance of e-Passports using embedded chip and futuristic technology will be rolled out in _____
A) 2023-2025
B) 2023-2024
C) 2022-2024
D) 2022-2025
E) 2022-2023
Answer – E) 2022-2023
Explanation:
As per the Budget 2022-2023, issuance of e-Passports using embedded chip and futuristic technology will be rolled out in 2022-2023.

Question 8) How many Digital Banking Units to be set up by the Scheduled Commercial Banks?
A) 25
B) 45
C) 75
D) 95
E) None of these
Answer – C) 75
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, Scheduled Commercial Banks to set up 75 Digital Banking Units in 75 districts.

Question 9) Which of the following will launch the Digital Rupee, using blockchain and other technologies, starting 2022-23?
A) SBI
B) ICICI
C) RBI
D) Ministry of Finance
E) None of these
Answer – C) RBI
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, RBI will introduce Digital Rupee, using blockchain and other technologies.

Question 10) As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, how much is being enhanced from _____ in the Budget Estimates to______ in the Revised Estimates for the current year for “Financial Assistance to States for Capital Investment”
A) Rs 5000 crore to Rs 10000 crore
B) Rs 8000 crore to Rs 10000 crore
C) Rs 15000 crore to Rs 20000 crore
D) Rs 10000 crore to Rs 20000 crore
E) None of these
Answer – D) Rs 10000 crore to Rs 20000 crore
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, how much is being enhanced from Rs.10000 crore in the Budget Estimate(BE) to Rs.20000 crore in the Revised Estimate(RE) for the current year for “Financial Assistance to States for Capital Investment”

Question 11) As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, how much is allocated to assist the states in catalyzing overall investments in the economy?
A) Rs 2 lakh crore
B) Rs 1 lakh crore
C) Rs 5 lakh crore
D) Rs 3 lakh crore
E) None of these
Answer – B) Rs 1 lakh crore
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, Rs 1 lakh crore is allocated to assist the states in catalyzing overall investments in the economy.

Question 12) As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman the government will establish the “Centre for Processing Accelerated Corporate Exit (C-PACE)” for speedy winding-up of companies from the currently required 2 years to less than _____ months.
A) One
B) Two
C) Six
D) Four
E) Five
Answer – C) Six
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman the government will establish the “Centre for Processing Accelerated Corporate Exit (C-PACE)” for speedy winding-up of companies from the presently required 2 years to fewer than 6 months.

Question 13) As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, the government will set up an expert committee to examine which of the following investments?
A) Venture Capital
B) MIIF
C) Private Equity
D) Only (A) and (C)
E) SIDBI Fund
Answer – D) Only (A) and (C)
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, the government will set up an expert committee to examine and suggest appropriate measures to scale venture capital and private equity investments in India.

Question 14) As per the Union Budget 2022-2023, the government will promote thematic funds for blended finance with the government’s share being limited to _______ to encourage important sunrise sectors.
A) 25%
B) 20%
C) 15%
D) 30%
E) None of these
Answer – B) 20%
Explanation:
As per the Union Budget 2022-2023, The government will promote thematic funds for blended finance with the government’s share being limited to 20% which is being managed by private fund managers to encourage important sunrise sectors. These sectors are listed below:
● Climate Action
● Deep-Tech
● Digital Economy
● Pharma
● Agri-Tech

Question 15) Which of the following will be set up in the GIFT City for timely settlement of disputes under international jurisprudence?
A) International Committee
B) International Court
C) International Council
D) International Arbitration Centre
E) None of these
Answer – D) International Arbitration Centre
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, an International Arbitration Centre will be set up in the GIFT City.

Question 16) How much is allocated for the outlay for capital expenditure in the Union Budget?
A) Rs. 7.50 lakh crore
B) Rs. 2.50 lakh crore
C) Rs. 3.50 lakh crore
D) Rs. 4.50 lakh crore
E) None of these
Answer – A) Rs. 7.50 lakh crore
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, Outlay for capital expenditure in the Union Budget is increased 35.4% to Rs 7.50 lakh crore in 2022-23.

Question 17) As per the Union Budget 2022-2023, How much is estimated for the ‘Effective Capital Expenditure’ ?
A) 23.68 lakh crore
B) 15.68 lakh crore
C) 30.68 lakh crore
D) 10.68 lakh crore
E) 20.68 lakh crore
Answer – D) 10.68 lakh crore
Explanation:
As per the Union Budget 2022-2023, the ‘Effective Capital Expenditure’ of the Central Government is estimated at Rs 10.68 lakh crore(4.1% of GDP) in 2022-23.

Question 18) As per the union Budget 2022-2023, How much % of annual collections under the Universal Service Obligation Fund will be allocated to promote R&D and commercialization of technologies and solutions.?
A) 7%
B) 5%
C) 6%
D) 2%
E) 4%
Answer – B) 5%
Explanation:
As per the union Budget 2022-2023, The 5 percent of annual collections under the Universal Service Obligation Fund will be allocated to promote R&D and commercialization of technologies and solutions.

Question 19) As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, The contracts for laying optical fibre in all villages which includes remote areas, will be awarded under the Bharatnet project through PPP in _________
A) 2023-2025
B) 2023-2024
C) 2022-2024
D) 2022-2025
E) 2022-2023
Answer – E) 2022-2023
Explanation:
As per the Budget 2022-23 presented by the Finance Minister Nirmala Sitharaman, The contracts for laying optical fibre in all villages which includes remote areas, will be awarded under the Bharatnet project through PPP 2022-2023

Question 20) As per the Budget 2022-23, World-class foreign universities and institutions will be allowed in the GIFT City to offer courses in ________
A) Financial Management and FinTech
B) Science and Technology
C) Engineering and Mathematics
D) All of these
E) None of these
Answer – D) All of these
Explanation:
As per the Budget 2022-23, World-class foreign universities and institutions will be opened in the GIFT City. It will offer the courses mentioned below.
● Financial Management
● FinTech
● Science
● Technology
● Engineering
● Mathematics

If you are looking for the Best SSC CHSL Coaching in Delhi / NCR to attempt the upcoming SSC 10+2 level exam, you can visit our study centres or get in touch with our student support team. Our team can be reached on the numbers: 9650549487 / 9650549587. You can also mail across your queries and questions at vidyagurudelhi@gmail.com.

Moreover, do note that be it SBI or IBPS Online Coaching Classes / Pen Drive for upcoming PO and Clerical exams preparation, our combined course comprising Videos, Study Material and Online Test Series is the best fit for you. Finally, rest assured with our courses, you will not face any concern at all as they are offered in Complete English as well as Bilingual Medium of instruction.

Summary
This Budget quiz is based on the announcements made and data presented by the FM in her budget speech in the parliament. Our experts have culled out the significant information from it and created this quiz for your benefit. In addition to such quizzes, we suggest that you go through Vidya Guru’s YouTube channel for further learning.

Uncategorized

Union Budget Highlights by Top Bank Exam Coaching Institute

Leave a comment

Union Budget was presented in the Parliament by the Finance Minister on 1st February. Understanding the budget is crucial for all citizens. The announcements made during the budget have a direct impact on our lives. However, if you are a Competitive Exam aspirant, these announcements become even more significant because you will see direct questions based on them.

Thus, Vidya Guru’s faculty who are renowned for offering the Best Bank PO Coaching in Delhi & NCR have published Budget Highlights in the form of expected exam questions. So, we suggest you go through the below questions and carefully make a note of the information provided.

Union Budget 2022 Highlights (Part-I)
Question 1) How many pillars are there in the Union Budget 2022 presented by FM Nirmala Sitharaman?
A) Five
B) Six
C) Seven
D) Four
E) None of these
Answer – D) Four
Explanation:
Four pillars are there in the Union Budget 2022 presented by FM Nirmala Sitharaman. They are
● Pillar 1: PM GatiShakti
● Pillar 2:Inclusive Development
● Pillar 3: Productivity Enhancement and Investment, Sunrise Opportunities, Energy Transition and Climate Action
● Pillar 4: Financing of Investments

Question 2) How many engines are there in PM GatiShakti?
A) Five
B) Six
C) Seven
D) Four
E) None of these
Answer – C) Seven
Explanation:
Seven engines:
Roads
Railways
Airports
Ports
Mass Transport
Waterways
Logistics Infrastructure.

Question 3) As per the Budget 2022-23, the National Highways network will be expanded by ______ in 2022-23.
A) 10000 km
B) 50000 km
C) 15000 km
D) 25000 km
E) None of these
Answer – D) 25000 km
Explanation:
The National Highways network will be expanded by 25,000 km in 2022-23 as per the Union Budget 2022-2023 presented by the Finance Minister Nirmala Sitharaman.

Question 4) Chemical free natural farming will be promoted throughout the country with a focus on farmers’ lands in a ____ wide corridor along the river Ganga at the first stage.
A) 6 km
B) 4 km
C) 5 km
D) 7 km
E) None of these
Answer – C) 5 km
Explanation:
Chemical free natural farming will be promoted throughout the country with a focus on farmers’ lands in a 5 km wide corridor along the river Ganga at the first stage.

Question 5) How many Multimodal Logistics parks through PPP to be awarded in 2022-23 as per the Union Budget 2022 presented by FM Nirmala Sitharaman?
A) Five
B) Six
C) Seven
D) Four
E) None of these
Answer – D) Four
Explanation:
There are 4 Multimodal Logistics parks through PPP to be awarded in 2022-23

Question 6) Which of the following years has been announced as the International Year of Millets as per the Union Budget 2022-2023?
A) 2022
B) 2023
C) 2024
D) 2025
E) None of these
Answer – B) 2023
Explanation:
The year 2023 has been announced as the International Year of Millets as per the Union Budget 2022-2023.

Question 7) As per the Budget 2022-2023, which of the following concepts will be popularized to help local businesses and supply chains?
A) One station, one product
B) One nation, one product
C) One country, one product
D) One state, one product
E) None of these
Answer – A) One station, one product
Explanation:
The concept “One station, one product” will be popularized to help local businesses and supply chains as per the Union Budget 2022-2023.

Question 8) How many new generation Vande Bharat trains will be manufactured during the next 3 years as per the Union Budget 2022-2023?
A) 500
B) 400
C) 300
D) 200
E) None of these
Answer – B) 400
Explanation:
400 new generation Vande Bharat trains will be manufactured during the next 3 years as per the Union Budget 2022-2023 presented by FM.

Question 9) How many cargo terminals will be developed during the next three years under the PM Gati Shakti master plan as per the Union Budget 2022-2023 presented by FM Nirmala Sitharaman?
A) 100
B) 200
C) 300
D) 400
E) None of these
Answer – A) 100
Explanation:
100 cargo terminals will be developed during the next three years under the PM Gati Shakti master plan as per the Union Budget 2022-2023 presented by FM Nirmala Sitharaman.

Question 10) Ken Betwa Linking project will be started at an estimated cost of _____ crore.
A) Rs 42,605
B) Rs 43,605
C) Rs 41,605
D) Rs 44,605
E) None of these
Answer – D) Rs 44,605
Explanation:
An estimated cost of Rs 44,605 crore will be utilized for the initial start of Ken Betwa Linking project as per the Union Budget 2022-2023 presented by FM Nirmala Sitharaman.

Question 11) Which of the following is/are the benefits of the Ken Betwa Linking project?
A) Irrigation benefits to 9 lakh hectare farmers’ land
B) Drinking water to 62 lakh people
C) 103 MW hydropower
D) 27 MW solar power
E) All of these
Answer – E) All of these
Explanation:
Ken Betwa Linking project Benefits are listed below:
They are irrigation benefits to 9 lakh hectare farmers’ land, drinking water to 62 lakh people, 103 MW hydropower and 27 MW solar power.

Question 12) How many river linking projects have been finalized as per the Union Budget 2022-2023 presented by FM Nirmala Sitharaman?
A) One
B) Two
C) Three
D) Four
E) Five
Answer – E) Five
Explanation:
Five river linking projects have been finalized as per the Union Budget 2022-2023 presented by the Finance Minister Nirmala Sitharaman. They are Damanganga-Pinjal, Par-Tapi-Narmada, Godavari-Krishna, Krishna-Pennar and Pennar-Cauvery.

Question 13) How many households to be covered in 2022-23 under Har Ghar, Nal Se Jal?
A) 3.8 crore
B) 5.8 crore
C) 6.8 crore
D) 4.8 crore
E) 2.8 crore
Answer – A) 3.8 crore
Explanation:
An amount of Rs. 60,000 crore allocated under Har Ghar, Nal Se Jal to cover 3.8 crore households in 2022-23

Question 14) As per the Union Budget 2022-2023, Emergency Credit Line Guarantee Scheme Extended Till _______
A) December 2023
B) September 2023
C) April 2023
D) March 2023.
E) June 2023
Answer – D) March 2023.
Explanation:
As per the Union Budget 2022-2023, Emergency Credit Line Guarantee Scheme Extended Till March 2023.

Question 15) As per the Union Budget 2022-2023, Raising and Accelerating MSME Performance (RAMP) program will be launched with an outlay of _____ crore over the next five years.
A) 8000 crore
B) 5000 crore
C) 6000 crore
D) 4000 crore
E) 3000 crore
Answer – C) 6000 crore
Explanation:
Raising and Accelerating MSME Performance (RAMP) program will be launched with an outlay of Rs. 6,000 crore over the next five years as per the Union Budget 2022-2023 presented by our FM Nirmala Sitharaman.

Question 16) Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) will facilitate additional credit of _____ for MSMEs.
A) Rs. 5 lakh crore
B) Rs. 2 lakh crore
C) Rs. 3 lakh crore
D) Rs. 4 lakh crore
E) None of these
Answer – B) Rs. 2 lakh crore
Explanation:
Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) will facilitate additional credit of Rs. 2 lakh crore for MSMEs.

Question 17) The “One Class One TV Channel” program of PM eVidya will be expanded from 12 channels to___ TV channels.
A) 200
B) 300
C) 150
D) 120
E) 100
Answer – A) 200
Explanation:
“One Class One TV Channel” program of PM eVidya will be expanded from 12 to 200 TV channels to provide supplementary education in regional languages, to children in classes 1 – 12.

Question 18) How many virtual labs in science and mathematics will be set-up in 2022-23?
A) 700
B) 650
C) 750
D) 720
E) 600
Answer – C) 750
Explanation:
750 virtual labs in science and mathematics, and 75 skilling e-labs for simulated learning environments will be set-up in 2022-23 as per the Budget 2022-2023.

Question 19) How much amount is allocated under the new scheme namely Prime Minister’s Development Initiative for North East Region (PMDevINE)?
A) 1800 crore
B) 1500 crore
C) 1600 crore
D) 1400 crore
E) 1300 crore
Answer – B) 1500 crore
Explanation:
A new scheme, Prime Minister’s Development Initiative for North East Region (PMDevINE) will be implemented through the North Eastern Council, at an initial amount of Rs 1,500 crore.

Question 20) How much amount is allocated under the PM Awas Yojana to complete 80 lakh houses in 2022-23?
A) 56000 crore
B) 48000 crore
C) 66000 crore
D) 38000 crore
E) None of these
Answer – B) 48000 crore
Explanation:
An amount of Rs. 48000 crore is allocated under the PM Awas Yojana to complete 80 lakh houses in 2022-23.

Being the Centre for the Best Bank PO Online Coaching Classes in India, Vidya Guru Institute is looked up to by students from across India to provide them with the right guidance. Our YouTube channel is the platform from where we reach out to and mentor SSC, IBPS, SBI and CDS aspirants. Thus, we suggest that apart from attempting these Current Affairs Quizzes, you must watch the quality Video Lectures we publish on this channel.

To know more about our Banking or CDS or Online SSC Coaching Classes for upcoming examinations, you can get in touch with our support team on: 9650549487 / 9650549587 or you can address an E-mail to vidyagurudelhi@gmail.com. Since our courses are available in Complete English as well as Bilingual (Hindi + English) mediums, they will benefit you tremendously irrespective of whether or not you can comprehend Hindi.

Summary
This blog is based on the highlights of the 2022 Union Budget. In fact, it is the 1st part of our
3-part series on this year’s budget. So, do stay tuned in to this space for further coverage on budget and other Current Affairs topics. Finally, if you have any doubts or questions, you can write in on the mail id given above and seek guidance from our experts.

Uncategorized

Current Sports GK Quiz by Top IBPS Coaching in Delhi

Leave a comment

Sports is a significant area within the Current Affairs (CA) section of Competitive Exams. Questions based on the winners of different sports tournaments are a regular feature in these exams. Apart from the winners, even the venues and mascots associated with the Olympic and Asian games are frequently asked.

By now, you know that Today’s Quiz is going to be based on Sports CA. So, without wasting a minute, let’s attempt this quiz created by our experts who are renowned for offering the Best IBPS Coaching in Delhi & NCR.

Sports Current Affairs 2022

Question 1) Which among the following IPL teams has become India’s First Unicorn Sports Enterprise?
A) Kolkata Knight Riders
B) Mumbai Indians
C) Punjab Kings
D) Chennai Super Kings
E) None of these
Answer – D) Chennai Super Kings
Explanation:
The Chennai Super Kings has become India’s First Unicorn Sports Enterprise to have a market cap of Rs 7,600 crores.

Question 2) Who among the following has become the first Indian man to win the World Games Athlete of the Year Award?
A) PR Sreejesh
B) Harmanpreet Singh
C) Mandeep Singh
D) Gurjant Singh
E) Dilpreet Singh
Answer – A) PR Sreejesh
Explanation:
PR Sreejesh has become the first Indian man to win the World Games Athlete of the Year Award and also the second Indian after Indian Women’s Hockey Captain Rani Rampal to win this award.

Question 3) Who among the following has defeated World Champion Loh Kean Yew of Singapore to secure his maiden Super 500 title by winning the men’s singles final at the Yonex-Sunrise India Open?
A) Srikanth Kidambi
B) Lakshya Sen
C) Prannoy H. S.
D) Parupalli Kashyap
E) B. Sai Praneeth
Answer – B) Lakshya Sen
Explanation:
Lakshya Sen has defeated World Champion Loh Kean Yew of Singapore to secure his maiden Super 500 title by winning the men’s singles final at the Yonex-Sunrise India Open.

Question 4) Who among the following has secured the women’s singles title of the BWF India Open in New Delhi?
A) Pornpawee Chochuwong
B) Jongkolphan Kititharakul
C) Nozomi Okuhara
D) Busanan Ongbamrungphan
E) None of these
Answer – D) Busanan Ongbamrungphan
Explanation:
Busanan Ongbamrungphan from Thailand has secured the women’s singles title of the BWF India Open in New Delhi.

Question 5) Who among the following has secured the “Player of the series” title in India – South Africa Test Series 2021-22?
A) Quinton de Kock
B) Keegan Petersen
C) Rassie Van Der Dussen
D) Dean Elgar
E) KL Rahul
Answer – B) Keegan Petersen
Explanation:
Keegan Petersen has secured “Player of the series” title in India – South Africa Test Series 2021-22

Question 6) Who among the following has secured the “Player of the series” title in India – South Africa ODI series 2022?
A) Quinton de Kock
B) Keegan Petersen
C) Rassie Van Der Dussen
D) Dean Elgar
E) KL Rahul
Answer – A) Quinton de Kock
Explanation:
Quinton de Kock has secured “Player of the series” title in India – South Africa ODI series 2022

Question 7) Who among the following has won the Best Men’s Player Award in the Best FIFA Football Awards 2021?
A) Cristiano Ronaldo
B) Robert Lewandowski
C) Lionel Messi
D) Luis Suárez
E) Erling Haaland
Answer – B) Robert Lewandowski
Explanation:
Robert Lewandowski has won the Best Men’s Player Award in the Best FIFA Football Awards 2021.

Question 8) Who among the following has won the Best Women’s Player Award in the Best FIFA Football Awards 2021?
A) Dzsenifer Marozsán
B) Alexia Putellas
C) Marta
D) Pernille Harder
E) Christine Sinclair
Answer – B) Alexia Putellas
Explanation:
Alexia Putellas has won the Best Women’s Player Award in the Best FIFA Football Awards 2021.

Question 9) Who among the following has won the Best FIFA Special Award in the Best FIFA Football Awards 2021?
A) Cristiano Ronaldo
B) Robert Lewandowski
C) Christine Sinclair
D) Both (A) and (C)
E) None of these
Answer – D) Both (A) and (C)
Explanation:
Cristiano Ronaldo and Christine Sinclair have won the Best FIFA Special Award in the Best FIFA Football Awards 2021 for becoming the all-time leading international goalscorers in men and women’s senior football, respectively.

Question 10) Who among the following has secured the “Sir Garfield Sobers Trophy” for ICC Men’s Cricketer of the Year 2021?
A) Joe Root
B) Shaheen Afridi
C) Babar Azam
D) Mohammad Rizwan
E) Janneman Malan
Answer – B) Shaheen Afridi
Explanation:
Shaheen Afridi from Pakistan has secured the Sir Garfield Sobers Trophy for ICC Men’s Cricketer of the Year 2021.

Question 11) Who among the following has won the ICC Men’s Test Cricketer of the Year 2021?
A) Joe Root
B) Shaheen Afridi
C) Babar Azam
D) Mohammad Rizwan
E) Janneman Malan
Answer – A) Joe Root
Explanation:
English Cricketer Joe Root has secured the International Cricket Council’s(ICC) Men’s Test Cricketer of the Year 2021.

Question 12) Who among the following has won the ICC Men’s ODI Cricketer of the Year 2021?
A) Joe Root
B) Shaheen Afridi
C) Babar Azam
D) Mohammad Rizwan
E) Janneman Malan
Answer – C) Babar Azam
Explanation:
Pakistani Captain Babar Azam has secured the International Cricket Council’s(ICC) Men’s ODI Cricketer of the Year 2021.

Question 13) Who among the following has won the ICC Men’s T20I Cricketer of the Year 2021?
A) Joe Root
B) Shaheen Afridi
C) Babar Azam
D) Mohammad Rizwan
E) Janneman Malan
Answer – D) Mohammad Rizwan
Explanation:
Pakistan opener and Wicket Keeper Mohammad Rizwan has won the ICC Men’s T20I Cricketer of the Year 2021.

Question 14) Who among the following has won the ICC Emerging Men’s Cricketer of the Year 2021?
A) Joe Root
B) Shaheen Afridi
C) Babar Azam
D) Mohammad Rizwan
E) Janneman Malan
Answer – E) Janneman Malan
Explanation:
Janneman Malan from South Africa has won the International Cricket Council’s (ICC) Emerging Men’s Cricketer of the Year 2021.

Question 15) Who among the following has won the Rachael Heyhoe Flint Trophy for ICC Women’s Cricketer of the Year 2021?
A) Smriti Mandhana
B) Lizelle Lee
C) Tammy Beaumont
D) Fatima Sana
E) Andrea-Mae Zepeda
Answer – A) Smriti Mandhana
Explanation:
Indian Cricket team opening Batswomen Smriti Mandhana awarded the Rachael Heyhoe Flint Trophy for International Cricket Council’s(ICC) Women’s Cricketer of the Year 2021.

Question 16) Who among the following has won the ICC Women’s ODI Cricketer of the Year 2021?
A) Smriti Mandhana
B) Lizelle Lee
C) Tammy Beaumont
D) Fatima Sana
E) Andrea-Mae Zepeda
Answer – B) Lizelle Lee
Explanation:
Lizelle Lee from South Africa has won the International Cricket Council’s(ICC) Women’s ODI Cricketer of the Year 2021.

Question 17) Who among the following has won the ICC Women’s T20I Cricketer of the Year 2021?
A) Smriti Mandhana
B) Lizelle Lee
C) Tammy Beaumont
D) Fatima Sana
E) Andrea-Mae Zepeda
Answer – C) Tammy Beaumont
Explanation:
Tammy Beaumont from England has secured the International Cricket Council’s(ICC) Women’s T20I Cricketer of the Year 2021.

Question 18) Who among the following has won the ICC Emerging Women’s Cricketer of the Year 2021?
A) Smriti Mandhana
B) Lizelle Lee
C) Tammy Beaumont
D) Fatima Sana
E) Andrea-Mae Zepeda
Answer – D) Fatima Sana
Explanation:
Pakistani Bowler Fatima Sana has secured the International Cricket Council’s(ICC) Emerging Women’s Cricketer of the Year 2021.

Question 19) Who among the following has won the ICC Men’s Associate Cricketer of the Year 2021?
A) Joe Root
B) Shaheen Afridi
C) Zeeshan Maqsood
D) Mohammad Rizwan
E) Janneman Malan
Answer – C) Zeeshan Maqsood
Explanation:
Zeeshan Maqsood from Oman has won the ICC Men’s Associate Cricketer of the Year 2021.

Question 20) Who among the following has won ICC Women’s Associate Cricketer of the Year 2021?
A) Smriti Mandhana
B) Lizelle Lee
C) Tammy Beaumont
D) Fatima Sana
E) Andrea-Mae Zepeda
Answer – E) Andrea-Mae Zepeda
Explanation:
Austria’s Andrea-Mae Zepeda has secured the ICC Women’s Associate Cricket Player of the Year 2021.

So, whether you are looking for Bank Coaching in Delhi or SSC Preparation Classes or CDS Courses for upcoming exams, you can check out our YouTube videos and understand the teaching methodology of our faculty. While doing so, do make sure that you subscribe to our YouTube channel and press the bell icon to receive timely updates of all our videos.

Moreover, being the centre for the Best SSC CGL Online Coaching Classes in the country, we understand the nitty-gritty of the exam pattern and can mentor you to success even in the limited time available. Finally, do note that our classes are available in Complete English and Bilingual medium so that language of instruction does not pose a problem to any student.

Summary
This Current Affairs quiz comprising 20 questions based on the recent Sports events will help you in all upcoming Govt. Job & Competitive exams which have a General Knowledge section. To understand how Vidya Guru’s Coaching Courses can pave the way for your success, do get in touch with our Student Support team at the earliest. Our team can be reached on the following numbers: 9650549487 / 9650549587. You can also send us an E-mail at vidyagurudelhi@gmail.com to know more about our Online / Pen Drive and Classroom courses. We will be most happy to assist you.

Uncategorized

Excellent Banking GK Quiz by Best Online Coaching for IBPS

Leave a comment

 

With the aim of aiding IBPS, SBI and RBI exam aspirants in cracking Banking GK Questions, Vidya Guru Faculty members have prepared the Quiz you will attempt today. It’s based on some important banking concepts and the latest developments to have taken place in India’s financial sector. As a student who is looking forward to a career as a Bank Probationary Officer or Clerk, you must attempt this Quiz with 100% focus and assimilate the information given.

Being the Institute for Best IBPS Online Coaching and Govt. Job preparation, we publish quality video lectures on our YouTube channel. These videos, not only cover various topics that are important from the perspective of competitive exams, but also provide you the true experience of our teaching methodology. Visiting our YouTube channel will thus give you complete clarity about what you stand to gain when you sign up for our Online / Pen Drive Coaching Courses.

Question 1) Which of the following Payments Banks received ‘Scheduled Bank’ status from RBI recently?
A) Airtel Payments Bank
B) NSDL Payments Bank
C) Jio Payments Bank
D) Fino Payments Bank
E) India Post Payments Bank
Answer – A) Airtel Payments Bank
Explanation:
Airtel Payments Bank received ‘Scheduled Bank’ status from RBI recently.

Question 2) As per the framework related to small value digital payments in offline mode released by RBI, the upper limit of an offline payment transaction was fixed at _______, with a cumulative limit of Rs 2,000 at any point of time.
A) Rs. 100
B) Rs. 200
C) Rs. 500
D) Rs. 1000
E) None of these
Answer – B) Rs. 200
Explanation:
As per the framework related to small value digital payments in offline mode released by RBI, the upper limit of an offline payment transaction was fixed at Rs. 200 with a cumulative limit of Rs. 2,000 at any point of time.

Question 3) Which of the following banks has won the UiPath Automation Excellence Awards 2021 for Best Automation under Crisis for Business continuity?
A) Kotak Bank
B) South Indian Bank
C) IndusInd Bank
D) Union Bank of India(UBI)
E) ICICI Bank
Answer – B) South Indian Bank
Explanation:
South Indian Bank recently won the 2021 UiPath Automation Excellence Award for the Best Automation under Crisis for Business continuity.

Question 4) Which of the following banks appointed cricketer Shafali Verma as its brand endorser?
A) Kotak Bank
B) Bank Of Baroda (BOB)
C) IndusInd Bank
D) Union Bank of India (UBI)
E) ICICI Bank
Answer – B) Bank Of Baroda (BOB)
Explanation:
Bank Of Baroda(BOB) appointed Indian’s Women cricketer Shafali Verma as its brand endorser.

Question 5) Who among the following were appointed as the new Executive Directors of RBI?
A) Deepak Kumar and Atanu Kumar Das
B) Ajay Kumar Choudhary and Swarup Dasgupta
C) Deepak Kumar and Ajay Kumar Choudhary
D) Ajay Kumar Choudhary and Atanu Kumar Das
E) None of these
Answer – C) Deepak Kumar and Ajay Kumar Choudhary
Explanation:
Deepak Kumar and Ajay Kumar Choudhary have been appointed as new Executive Directors of RBI with effect from 3rd January, 2022.

Question 6) Which of the following has introduced a functionality called ‘Unified Presentment Management System’ (UPMS)?
A) RBI
B) GOI
C) Freecharge
D) Mobikwik
E) NBBL
Answer – E) NBBL
Explanation:
NPCI Bharat BillPay Ltd. (NBBL), which is a fully-owned subsidiary of National Payments Corporation of India (NPCI), has launched a functionality called ‘Unified Presentment Management System’ (UPMS).

Question 7) RBI has cancelled the Certificate of Authorization (CoA) of ____ Payment System Operators (PSOs).
A) 1
B) 2
C) 3
D) 4
E) 5
Answer – B) 2
Explanation:
The Reserve Bank of India has annulled the Certificate of Authorization (CoA) of two Payment System Operators (PSOs): Muthoot Vehicle and Asset Finance Limited and Eko India Financial Services Private Limited.

Question 8) Which of the following banks continue to be identified as Domestic Systemically Important Banks (D-SIBs)?
A) SBI
B) ICICI Bank
C) HDFC Bank
D) All of these
E) None of these
Answer – D) All of these
Explanation:
RBI has released the list of Domestic Systemically Important Banks (D-SIBs) for 2021. ICICI Bank, SBI and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) as per RBI.

Question 9) RBI recently appointed an Advisory Committee in order to advise the Administrator of ______
A) Tata Capital Financial Services Limited
B) Reliance Capital
C) LIC Housing Finance Ltd.
D) Cholamandalam Investment & Finance Co. Ltd.
E) Housing Development Finance Corporation Ltd. (HDFC)
Answer – B) Reliance Capital
Explanation: RBI has superseded the board of directors of Reliance Capital Lmited. It has also appointed Mr. Nageswara Rao Y, the ex-Executive Director of Bank of Maharashtra, as the Administrator.
Reserve Bank of India has constituted a 3-member Advisory Committee for assisting the Administrator in discharge of his duties. This Advisory Committee constitutes the following members:
Mr. Sanjeev Nautiyal, the ex-DMD of State Bank of India
Mr. Srinivasan Varadarajan, the ex-DMD of Axis Bank
Mr. Praveen P Kadle, the ex-MD & CEO of Tata Capital Limited

Question 10) The Reserve Bank of India (RBI) has imposed a monetary penalty on the ____ Payment System Operators (PSOs) for committing offences of the nature referred to in Section 26 (6) of the Payment & Settlement Systems Act, 2007 (PSS Act).
A) 1
B) 2
C) 3
D) 4
E) 5
Answer – B) 2
Explanation:
Reserve Bank of India has levied a monetary penalty on the following 2 Payment System Operators (PSOs) for committing offences of the nature referred to in Section 26 (6) of the Payment & Settlement Systems Act, 2007 (PSS Act). They are:
One Mobikwik Systems Private Limited
Spice Money Limited

Question 11) All the RBI issued bank notes are backed by assets like Govt. Securities, Foreign Currency Assets and Gold, as defined in ________ of RBI Act, 1934.
A) Section 35
B) Section 33
C) Section 32
D) Section 31
E) Section 30
Answer – B) Section 33
Explanation:
All the RBI issued bank notes are backed by assets such as Govt. Securities, Gold and Foreign Currency Assets, as defined in Section 33 of RBI Act, 1934.

Question 12) The paper that is currently being used for printing of bank notes in India is made of ______ cotton.
A) 50%
B) 30%
C) 20%
D) 40%
E) 100%
Answer – E) 100%
Explanation:
The paper that is currently being used for printing of bank notes in India is made of 100% cotton.

Question 13) The highest denomination note ever printed by the RBI was ______
A) ₹ 5000
B) ₹ 10000
C) ₹ 25000
D) ₹ 20000
E) None of these
Answer – B) ₹ 10000
Explanation:
The highest denomination note ever printed by the RBI was the ₹10000 note in 1938 which was demonetized in January 1946. The ₹10000 was again introduced in 1954 and demonetized in 1978.

Question 14) As per ______ of the Reserve Bank of India Act, 1934, the Bank is liable to pay the value of banknote.
A) Section 25
B) Section 23
C) Section 22
D) Section 26
E) Section 20
Answer – D) Section 26
Explanation:
As per Section 26 of the Reserve Bank of India Act, 1934, the Bank is liable to pay the value of banknote.

Question 15) As per ______ of the Reserve Bank of India Act, 1934, RBI has the sole right to issue banknotes in India.
A) Section 25
B) Section 23
C) Section 22
D) Section 26
E) Section 20
Answer – C) Section 22
Explanation:
As per Section 22 of the Reserve Bank of India Act, 1934, RBI has the sole right to issue banknotes in India.

Question 16) Which of the following sections of Reserve Bank of India Act, 1934 states that the design, form and material of bank notes?
A) Section 25
B) Section 23
C) Section 22
D) Section 26
E) Section 20
Answer – A) Section 25
Explanation:
As per Section 25 of the Reserve Bank of India Act, 1934, the design, form & material of bank notes shall be such as may be approved by the Central Government after consideration of the recommendations made by the Central Board of RBI.

Question 17) Which of the following is responsible for the designing and minting of coins in various denominations as per the Coinage Act, 2011?
A) GOI
B) SPMCIL
C) BRBNMPL
D) RBI
E) None of these
Answer – A) GOI
Explanation:
The Government of India is responsible for the designing and minting of coins in various denominations as per the Coinage Act, 2011.

Question 18) A note which has become dirty due to usage and also includes a two piece note pasted together wherein both the pieces presented belong to the same note, and form the entire note is known as ___________
A) Forged note
B) Soiled note
C) Mutilated banknote
D) Imperfect banknote
E) None of these
Answer – B) Soiled note
Explanation:
A “soiled note” is a note that has become dirty due to usage and also includes a 2 piece note pasted together wherein both the pieces presented belong to the same note, and form the entire note.

Question 19) ______ is a banknote, of which a portion is missing or which is composed of more than two pieces.
A) Forged note
B) Soiled note
C) Mutilated banknote
D) Imperfect banknote
E) None of these
Answer – C) Mutilated banknote
Explanation:
A “mutilated bank note” means a bank note, in which a portion is missing or which is composed of more than 2 pieces.

Question 20) Any bank note, which is partially or wholly obliterated, washed, shrunk, altered or indecipherable but does not include a mutilated banknote is known as ________
A) Forged note
B) Soiled note
C) Counterfeit banknote
D) Imperfect banknote
E) None of these
Answer – D) Imperfect banknote
Explanation:
An “imperfect bank note” means a bank note, which is partially or wholly obliterated, shrunk, altered, washed, or indecipherable but doesn’t include a mutilated banknote.

In order to supplement the knowledge you gain from such Quizzes, we suggest you create a free student account on www.vidyaguru.in. It will get you access to the free Current Affairs magazine we publish every month. To sign up for the Best Online Coaching for IBPS to crack the upcoming Bank PO & Clerical exams, you can get in touch with our student support team. For complete details of our IBPS Online Coaching Classes or SSC CGL or CDS courses, you can E-mail us at vidyagurudelhi@gmail.com.

Summary
This Banking Awareness quiz has been designed keeping the latest pattern of PO & Clerk examinations conducted by IBPS and SBI. In fact, these questions are relevant for LIC, NICL, and SEBI exams as well. Finally, pls. note that our student support team can be reached at: 9650549487 / 9650549587.