1. Who was named the Player of the Year for 2023 in the men’s category at the sixth annual Hockey India Awards?
A) Manpreet Singh
B) PR Sreejesh
C) Hardik Singh
D) Rupinder Pal Singh
Answer: C) Hardik Singh
2. Who was named the Player of the Year for 2023 in the women’s category at the sixth annual Hockey India Awards?
A) Rani Rampal
B) Gurjit Kaur
C) Navneet Kaur
D) Salima Tete
Answer: D) Salima Tete
3. When is the Hockey India League (HIL) scheduled to return?
A) January 2024
B) January 2025
C) June 2025
D) December 2024
Answer: B) January 2025
4. How many men’s teams will feature in the revived Hockey India League (HIL)?
A) Six
B) Seven
C) Eight
D) Nine
Answer: C) Eight
5. How many women’s teams will feature in the revived Hockey India League (HIL)?
A) Four
B) Five
C) Six
D) Seven
Answer: C) Six
6. What is the total prize pool of the Hockey India Awards ceremony?
A) ₹5.56 crores
B) ₹6.56 crores
C) ₹7.56 crores
D) ₹8.56 crores
Answer: C) ₹7.56 crores
7. Which trophy did Hardik Singh receive along with a cash prize of ₹25 lakhs?
A) Dhyan Chand Trophy
B) Balbir Singh Sr. Trophy
C) Major Dhyan Chand Trophy
D) Dhanraj Pillay Trophy
Answer: B) Balbir Singh Sr. Trophy
8. Which event was honored at the Hockey India Awards, celebrating an achievement from eight years ago?
A) 2014 Asian Games
B) 2015 Sultan Azlan Shah Cup
C) 2016 Junior World Cup
D) 2018 Commonwealth Games
Answer: C) 2016 Junior World Cup
9. Which Indian teams were rewarded for winning the Junior Asia Cups and the Asian Champions Trophy?
A) Only men’s teams
B) Only women’s teams
C) Both men’s and women’s teams
D) Neither men’s nor women’s teams
Answer: C) Both men’s and women’s teams
10. Which other winning side was felicitated at the Hockey India Awards besides the Junior Asia Cups and the Asian Champions Trophy teams?
A) Commonwealth Games winning side
B) Sultan Azlan Shah Cup winning side
C) Men’s Asian Games winning side
D) Women’s Hockey World Cup winning side
Answer: C) Men’s Asian Games winning side
11. Who was awarded the Goalkeeper of the Year at the Hockey India Awards?
A) P.R. Sreejesh
B) Krishan Pathak
C) Savita Punia
D) Suraj Karkera
Answer: A) P.R. Sreejesh
12. What prize amount did P.R. Sreejesh receive for being named Goalkeeper of the Year?
A) ₹2 lakhs
B) ₹5 lakhs
C) ₹7 lakhs
D) ₹10 lakhs
Answer: B) ₹5 lakhs
13. Who was awarded the Defender of the Year at the Hockey India Awards?
A) Surender Kumar
B) Amit Rohidas
C) Harmanpreet Singh
D) Varun Kumar
Answer: C) Harmanpreet Singh
14. Who was named the Midfielder of the Year?
A) Manpreet Singh
B) Vivek Sagar Prasad
C) Nilakanta Sharma
D) Hardik Singh
Answer: D) Hardik Singh
15. Who was awarded the Forward of the Year at the Hockey India Awards?
A) Mandeep Singh
B) Lalit Upadhyay
C) Akashdeep Singh
D) Abhishek
Answer: D) Abhishek
16. How much prize money did Deepika Soreng receive for being named Women’s U-21 Player of the Year?
A) ₹5 lakhs
B) ₹7 lakhs
C) ₹10 lakhs
D) ₹15 lakhs
Answer: C) ₹10 lakhs
17. Who was named Men’s U-21 Player of the Year at the Hockey India Awards?
A) Vivek Sagar Prasad
B) Shamsher Singh
C) Araijeet Singh Hundal
D) Dilpreet Singh
Answer: C) Araijeet Singh Hundal
18. How much prize money did Salima Tete receive for being named Player of the Year in the women’s category?
A) ₹15 lakhs
B) ₹20 lakhs
C) ₹25 lakhs
D) ₹30 lakhs
Answer: C) ₹25 lakhs
19. Who received the Major Dhyan Chand Lifetime Achievement Award?
A) Dhanraj Pillay
B) Ashok Kumar
C) Ajit Pal Singh
D) Zafar Iqbal
Answer: B) Ashok Kumar
20. How much prize money was awarded to Ashok Kumar for the Major Dhyan Chand Lifetime Achievement Award?
A) ₹25 lakhs
B) ₹30 lakhs
C) ₹35 lakhs
D) ₹40 lakhs
Answer: B) ₹30 lakhs
21. Who is the only Indian to make it to the top 10 of Forbes World’s Billionaires List 2024?
A) Gautam Adani
B) Mukesh Ambani
C) Shiv Nadar
D) Ratan Tata
Answer: B) Mukesh Ambani
22. What rank did Mukesh Ambani achieve in the Forbes World’s Billionaires List 2024?
A) 8th
B) 9th
C) 10th
D) 11th
Answer: B) 9th
23. Who topped the Forbes World’s Billionaires List 2024?
A) Jeff Bezos
B) Elon Musk
C) Bernard Arnault & family
D) Bill Gates
Answer: C) Bernard Arnault & family
24. At what age did Nikhil Kamath become the youngest Indian billionaire in the Forbes list?
A) 35 years
B) 36 years
C) 37 years
D) 38 years
Answer: C) 37 years
25. Nikhil Kamath is the co-founder of which company?
A) Zerodha
B) Flipkart
C) Ola
D) Paytm
Answer: A) Zerodha
26. How many billionaires are there in the world according to the Forbes report?
A) 2,500
B) 2,600
C) 2,781
D) 2,900
Answer: C) 2,781
27. How many countries are represented by the billionaires on the Forbes list?
A) 75
B) 76
C) 77
D) 78
Answer: C) 77
28. What is the combined wealth of the billionaires on the Forbes list in 2024?
A) $13.2 trillion
B) $14.2 trillion
C) $15.2 trillion
D) $16.2 trillion
Answer: B) $14.2 trillion
29. By how much did the combined wealth of the billionaires increase from 2023 to 2024?
A) $1 trillion
B) $1.5 trillion
C) $2 trillion
D) $2.5 trillion
Answer: C) $2 trillion
30. In which annual edition of the Forbes World’s Billionaires List did these details appear?
A) 35th
B) 36th
C) 37th
D) 38th
Answer: D) 38th
31. Which country has the highest number of billionaires according to the data?
A) China
B) United States of America
C) India
D) Germany
Answer: B) United States of America
32. How many billionaires does the United States of America have?
A) 700
B) 800
C) 813
D) 900
Answer: C) 813
33. What is the combined wealth of the billionaires in the United States of America?
A) $4.7 trillion
B) $5.0 trillion
C) $5.5 trillion
D) $5.7 trillion
Answer: D) $5.7 trillion
34. Which country has the second-highest number of billionaires?
A) Russia
B) India
C) China
D) Germany
Answer: C) China
35. What is the combined wealth of the billionaires in China?
A) $1.1 trillion
B) $1.2 trillion
C) $1.3 trillion
D) $1.4 trillion
Answer: C) $1.3 trillion
36. How many billionaires does India have?
A) 150
B) 175
C) 200
D) 225
Answer: C) 200
37. What is the combined wealth of the billionaires in India?
A) $854 billion
B) $900 billion
C) $954 billion
D) $1 trillion
Answer: C) $954 billion
38. Which country has the fourth-highest number of billionaires?
A) Russia
B) Germany
C) France
D) United Kingdom
Answer: B) Germany
39. How many billionaires does Russia have?
A) 100
B) 110
C) 120
D) 130
Answer: C) 120
40. Who is the richest person in the world according to the top 10 billionaires list?
A) Elon Musk
B) Jeff Bezos
C) Bernard Arnault & family
D) Mukesh Ambani
Answer: C) Bernard Arnault & family
41. Who is the richest Indian billionaire according to the list?
A) Gautam Adani
B) Shiv Nadar
C) Mukesh Ambani
D) Radhakrishna Damani
Answer: C) Mukesh Ambani
42. What is Mukesh Ambani’s net worth as mentioned in the list?
A) $84 billion
B) $116 billion
C) $33.5 billion
D) $26.7 billion
Answer: B) $116 billion
43. What is Gautam Adani’s global rank among billionaires?
A) 9th
B) 17th
C) 39th
D) 46th
Answer: B) 17th
44. Who is the third richest Indian billionaire on the list?
A) Savitri Jindal & Family
B) Dilip Shanghvi
C) Shiv Nadar
D) Cyrus Poonawala
Answer: C) Shiv Nadar
45. What is the net worth of Savitri Jindal & Family?
A) $26.7 billion
B) $21.3 billion
C) $19.7 billion
D) $33.5 billion
Answer: D) $33.5 billion
46. Which Indian billionaire is ranked 69th globally?
A) Dilip Shanghvi
B) Cyrus Poonawala
C) Kumarmangalam Birla
D) Radhakrishna Damani
Answer: A) Dilip Shanghvi
47. What is the net worth of Cyrus Poonawala?
A) $21.3 billion
B) $20.9 billion
C) $19.7 billion
D) $17.6 billion
Answer: A) $21.3 billion
48. Which Indian billionaire is ranked 92nd globally?
A) Lakshmi Mittal
B) Kushal Pal Singh
C) Radhakrishna Damani
D) Kumarmangalam Birla
Answer: B) Kushal Pal Singh
49. What is the net worth of Radhakrishna Damani?
A) $16.4 billion
B) $19.7 billion
C) $17.6 billion
D) $21.3 billion
Answer: C) $17.6 billion
50. Who is the 10th richest Indian billionaire on the list?
A) Lakshmi Mittal
B) Shiv Nadar
C) Savitri Jindal & Family
D) Kushal Pal Singh
Answer: A) Lakshmi Mittal
51. What decision did the RBI Monetary Policy Committee (MPC) make regarding policy rates on April 5, 2024?
A) Increased them
B) Decreased them
C) Kept them unchanged
D) Eliminated them
Answer: C) Kept them unchanged
52. How many members of the RBI MPC voted to keep policy rates unchanged?
A) 4
B) 5
C) 6
D) 3
Answer: B) 5
53. What is the current policy repo rate as announced by the RBI?
A) 6.25%
B) 6.50%
C) 6.75%
D) 7.00%
Answer: B) 6.50%
54. What is the Marginal Standing Facility (MSF) rate as announced by the RBI?
A) 6.25%
B) 6.50%
C) 6.75%
D) 7.00%
Answer: C) 6.75%
55. What is the Bank Rate as announced by the RBI?
A) 6.25%
B) 6.50%
C) 6.75%
D) 7.00%
Answer: C) 6.75%
56. What is the Standing Deposit Facility (SDF) rate as announced by the RBI?
A) 6.25%
B) 6.50%
C) 6.75%
D) 7.00%
Answer: A) 6.25%
57. What is the Cash Reserve Ratio (CRR) as announced by the RBI?
A) 3.50%
B) 4.00%
C) 4.50%
D) 5.00%
Answer: C) 4.50%
58. What is the Statutory Liquidity Ratio (SLR) as announced by the RBI?
A) 15.00%
B) 16.00%
C) 17.00%
D) 18.00%
Answer: D) 18.00%
59. What is the expected CPI inflation rate in Q2 according to the RBI?
A) 3.8%
B) 4.5%
C) 4.6%
D) 4.9%
Answer: A) 3.8%
60. How much was the net FPI inflows in FY24 as announced by the RBI Governor?
A) $31.2 billion
B) $41.6 billion
C) $51.2 billion
D) $61.6 billion
Answer: B) $41.6 billion
61. How many individuals have been selected for the World Economic Forum’s Young Global Leaders Community Class of 2024?
A) 80
B) 85
C) 90
D) 95
Answer: C) 90
62. Which Bollywood actress is included in the WEF Young Global Leaders Community Class of 2024?
A) Deepika Padukone
B) Priyanka Chopra
C) Bhumi Pednekar
D) Alia Bhatt
Answer: C) Bhumi Pednekar
63. What position does Adwaita Nayar hold in Nyka Fashion?
A) Chief Operating Officer
B) Chief Marketing Officer
C) Chief Financial Officer
D) Chief Executive Officer
Answer: D) Chief Executive Officer
64. Which company is Arjun Bhartia associated with?
A) Vedanta Limited
B) Dexterity Global
C) Jubilant Group
D) Nyka Fashion
Answer: C) Jubilant Group
65. What role does Priya Aggarwal Hebbar hold in Vedanta Limited?
A) Executive Director
B) Non-Executive Director
C) Chief Operating Officer
D) Chief Financial Officer
Answer: B) Non-Executive Director
66. Who is the founder and CEO of Dexterity Global?
A) Adwaita Nayar
B) Arjun Bhartia
C) Sharad Vivek Sagar
D) Bhumi Pednekar
Answer: C) Sharad Vivek Sagar
67. In what year was the WEF Young Global Leaders program launched?
A) 2000
B) 2005
C) 2010
D) 2015
Answer: B) 2005
68. Where is the headquarters of the World Economic Forum located?
A) Geneva, Switzerland
B) Zurich, Switzerland
C) Cologny, Switzerland
D) Basel, Switzerland
Answer: C) Cologny, Switzerland
69. Who established the World Economic Forum?
A) Klaus Schwab
B) George Soros
C) Bill Gates
D) Warren Buffett
Answer: A) Klaus Schwab
70. What is the primary goal of the World Economic Forum?
A) Promote global trade
B) Address global issues through public-private cooperation
C) Provide financial aid to developing countries
D) Promote cultural exchange
Answer: B) Address global issues through public-private cooperation
71. Which country has the highest number of unicorns according to the Hurun Global Unicorn Index 2024?
A) China
B) United States
C) India
D) Germany
Answer: B) United States
72. How many unicorns does China have according to the Hurun Global Unicorn Index 2024?
A) 300
B) 320
C) 340
D) 360
Answer: C) 340
73. What is the rank of India in the global unicorn count according to the Hurun Global Unicorn Index 2024?
A) First
B) Second
C) Third
D) Fourth
Answer: C) Third
74. How many unicorns does India have according to the Hurun Global Unicorn Index 2024?
A) 57
B) 67
C) 77
D) 87
Answer: B) 67
75. What was the primary reason for India’s decline in unicorn creation in 2024?
A) Lack of talent
B) Robust stock market performance
C) Lack of investment
D) Government policies
Answer: C) Lack of investment
76. How many unicorns founded by Indian entrepreneurs are located outside of India?
A) 99
B) 109
C) 119
D) 129
Answer: B) 109
77. How many total unicorns are cataloged in the Hurun Global Unicorn Index 2024?
A) 1,353
B) 1,403
C) 1,453
D) 1,503
Answer: C) 1,453
78. How many countries are represented in the Hurun Global Unicorn Index 2024?
A) 43
B) 48
C) 53
D) 58
Answer: C) 53
79. Which two countries lead the unicorn count according to the Hurun Global Unicorn Index 2024?
A) United States and India
B) United States and China
C) China and India
D) United Kingdom and Germany
Answer: B) United States and China
80. Which two new locations are mentioned as emerging unicorn hubs in the Hurun Global Unicorn Index 2024?
A) Singapore and Brazil
B) Australia and Malta
C) Japan and South Korea
D) Canada and Mexico
Answer: B) Australia and Malta
81. What was the valuation of OpenAI in 2024?
A) $50 billion
B) $75 billion
C) $100 billion
D) $125 billion
Answer: C) $100 billion
82. What was 2024 hailed as in the context of technological advancements?
A) The year of Blockchain
B) The year of AI
C) The year of Cryptocurrency
D) The year of Renewable Energy
Answer: B) The year of AI
83. How many times did the number of unicorns increase since 2019?
A) Doubled
B) Tripled
C) Quadrupled
D) Quintupled
Answer: B) Tripled
84. Which country led in unicorn creation in 2024?
A) China
B) India
C) Germany
D) United States
Answer: D) United States
85. What sectors drove China’s emergence as a significant player in unicorn creation?
A) Fintech and e-commerce
B) AI, semiconductors, and new energy
C) Biotechnology and pharmaceuticals
D) Automotive and aerospace
Answer: B) AI, semiconductors, and new energy
86. What was the total value addition contributed by the top 10 unicorns in 2024?
A) $98 billion
B) $148 billion
C) $198 billion
D) $248 billion
Answer: C) $198 billion
87. Which of the following was NOT mentioned as a notable newcomer in the top 10 unicorns?
A) OpenAI
B) Canva
C) Binance
D) SpaceX
Answer: D) SpaceX
88. What contributed to the diversity and innovation within the unicorn landscape in China?
A) Government subsidies
B) Spinoffs from larger companies
C) International partnerships
D) Increased foreign investment
Answer: B) Spinoffs from larger companies
89. Which industry was particularly highlighted for its growth and contribution to the global startup ecosystem in 2024?
A) Financial technology
B) Artificial Intelligence
C) Renewable energy
D) Automotive
Answer: B) Artificial Intelligence
90. What was the general trend in entrepreneurship noted during 2024?
A) Decline in startup creation
B) Stagnation in unicorn valuations
C) Golden era with significant expansion
D) Shift towards traditional businesses
Answer: C) Golden era with significant expansion
91. How much total penalty has RBI imposed on five co-operative banks for contravening regulatory norms?
A) Rs 50.3 lakh
B) Rs 55.3 lakh
C) Rs 60.3 lakh
D) Rs 65.3 lakh
Answer: C) Rs 60.3 lakh
92. Which co-operative bank was fined the highest amount among the five banks penalized?
A) Kangra Co-operative Bank
B) Rajkot Nagarik Sahakari Bank
C) Rajdhani Nagar Sahkari Bank
D) Zila Sahakari Bank, Garhwal
Answer: B) Rajkot Nagarik Sahakari Bank
93. What was the primary reason for penalties imposed on Rajkot Nagarik Sahakari Bank?
A) Violations related to loans to directors and relatives
B) Prohibition on opening certain savings accounts
C) Non-maintenance of deposit accounts
D) All of the above
Answer: D) All of the above
94. Which bank among the penalized ones is based in New Delhi?
A) Rajkot Nagarik Sahakari Bank
B) The Kangra Co-operative Bank
C) Rajdhani Nagar Sahkari Bank
D) Zila Sahakari Bank, Garhwal
Answer: B) The Kangra Co-operative Bank
95. What amount was the penalty imposed on The Kangra Co-operative Bank?
A) Rs 2 lakh
B) Rs 5 lakh
C) Rs 10 lakh
D) Rs 15 lakh
Answer: B) Rs 5 lakh
96. Where is Zila Sahakari Bank, Garhwal located?
A) Dehradun
B) Lucknow
C) Kotdwar, Uttarakhand
D) New Delhi
Answer: C) Kotdwar, Uttarakhand
97. What clarification did RBI provide regarding the penalties imposed on these co-operative banks?
A) The penalties are based on customer complaints
B) The penalties reflect non-compliance with international norms
C) The penalties are based on deficiencies in regulatory compliance
D) The penalties are imposed for involvement in illegal activities
Answer: C) The penalties are based on deficiencies in regulatory compliance
98. How many co-operative banks were penalized with a fine of Rs 5 lakh each?
A) Two
B) Three
C) Four
D) Five
Answer: B) Three
99. What was the penalty amount imposed on District Co-operative Bank, Dehradun?
A) Rs 1 lakh
B) Rs 2 lakh
C) Rs 3 lakh
D) Rs 4 lakh
Answer: B) Rs 2 lakh
100. According to RBI, what is the purpose of imposing these penalties on co-operative banks?
A) To shut down non-performing banks
B) To encourage mergers among co-operative banks
C) To promote transparency and accountability
D) To reduce interest rates
Answer: C) To promote transparency and accountability
101. Where did the 13th European Girls’ Mathematical Olympiad (EGMO) 2024 take place?
A) Mumbai, India
B) Tskaltubo, Georgia
C) Paris, France
D) London, UK
Answer: B) Tskaltubo, Georgia
102. When was the 13th EGMO 2024 held?
A) March 11-17, 2024
B) April 11-17, 2024
C) May 11-17, 2024
D) June 11-17, 2024
Answer: B) April 11-17, 2024
103. How many medals did the Indian team win at the 13th EGMO 2024?
A) One gold and three silver
B) Two gold and two bronze
C) Two silver and two bronze
D) Three gold and one bronze
Answer: C) Two silver and two bronze
104. Which Indian contestant won a silver medal at the 13th EGMO 2024 from Gurgaon, Haryana?
A) Gunjan Agarwal
B) Sanjana Philo Chacko
C) Larissa
D) Saee Vitthal Patil
Answer: A) Gunjan Agarwal
105. From which state is Sanjana Philo Chacko, who won a silver medal at the 13th EGMO 2024?
A) Maharashtra
B) Kerala
C) Karnataka
D) Tamil Nadu
Answer: B) Kerala
106. Who among the following won a bronze medal at the 13th EGMO 2024 from Hisar, Haryana?
A) Gunjan Agarwal
B) Sanjana Philo Chacko
C) Larissa
D) Saee Vitthal Patil
Answer: C) Larissa
107. Which city in Maharashtra is Saee Vitthal Patil from, who won a bronze medal at the 13th EGMO 2024?
A) Mumbai
B) Pune
C) Nagpur
D) Aurangabad
Answer: B) Pune
108. How many Indian contestants won silver medals at the 13th EGMO 2024?
A) One
B) Two
C) Three
D) Four
Answer: B) Two
109. Which medal did Larissa win at the 13th EGMO 2024?
A) Gold
B) Silver
C) Bronze
D) Platinum
Answer: C) Bronze
110. How many members were there in the Indian team that participated in the 13th EGMO 2024?
A) 2
B) 3
C) 4
D) 5
Answer: C) 4
111. Who served as the Head Mentor of the Indian team at the 13th EGMO 2024?
A) Ms. Aditi Muthkhode
B) Ms. Ananya Ranade
C) Sahil Mhaskar
D) None of the above
Answer: C) Sahil Mhaskar
112. Which institution provided mentorship to the Indian team for the EGMO 2024?
A) Indian Institute of Science (IISc), Bangalore
B) Chennai Mathematical Institute (CMI)
C) Tata Institute of Fundamental Research (TIFR)
D) Indian Statistical Institute (ISI), Kolkata
Answer: B) Chennai Mathematical Institute (CMI)
113. Who was the Deputy Head Mentor of the Indian team at the 13th EGMO 2024?
A) Sahil Mhaskar
B) Ms. Aditi Muthkhode
C) Ms. Ananya Ranade
D) None of the above
Answer: B) Ms. Aditi Muthkhode
114. What role did Ms. Ananya Ranade play in the Indian team’s journey at the 13th EGMO 2024?
A) Head Mentor
B) Deputy Head Mentor
C) Supervisor
D) Participant
Answer: C) Supervisor
115. How many times has the Indian team secured medals in all categories at the EGMO, including the 13th EGMO 2024?
A) Once
B) Twice
C) Three times
D) Four times
Answer: B) Twice
116. Which institution serves as India’s nodal center for Olympiad programs in various disciplines, including Mathematics?
A) Indian Institute of Science (IISc), Bangalore
B) Tata Institute of Fundamental Research (TIFR) – Homi Bhabha Center for Science Education (HBCSE)
C) Chennai Mathematical Institute (CMI)
D) Indian Statistical Institute (ISI), Kolkata
Answer: B) Tata Institute of Fundamental Research (TIFR) – Homi Bhabha Center for Science Education (HBCSE)
117. What is the name of the training camp organized by HBCSE to prepare students for the EGMO?
A) EGMO Training Camp (EGMOTC)
B) Olympiad Preparation Camp (OPC)
C) Excellence in Mathematics Camp (EMC)
D) HBCSE Olympiad Training (HOT)
Answer: A) EGMO Training Camp (EGMOTC)
118. Where was the felicitation ceremony for the Indian delegation held after their success at the 13th EGMO 2024?
A) Chennai Mathematical Institute (CMI)
B) Tata Institute of Fundamental Research (TIFR)
C) Main Building of HBCSE
D) Indian Institute of Science (IISc), Bangalore
Answer: C) Main Building of HBCSE
119. What was the date of the felicitation ceremony organized for the Indian team at HBCSE?
A) April 17, 2024
B) April 18, 2024
C) April 19, 2024
D) April 20, 2024
Answer: B) April 18, 2024
120. What is the overarching goal of the HBCSE in organizing Olympiad programs like the EGMO?
A) Promote sportsmanship
B) Foster international relations
C) Nurturing and preparing talented students
D) Cultural exchange
Answer: C) Nurturing and preparing talented students
121. When is International Mother Earth Day celebrated annually?
A) April 20
B) April 21
C) April 22
D) April 23
Answer: C) April 22
122. In which year did the concept of Earth Day originate?
A) 1968
B) 1969
C) 1970
D) 1971
Answer: C) 1970
123. Who proposed the idea of Earth Day in 1970?
A) Pete McCloskey
B) Denis Hayes
C) Gaylord Nelson
D) None of the above
Answer: C) Gaylord Nelson
124. What was the initial purpose of Earth Day as proposed by Gaylord Nelson?
A) Anti-war protest
B) Environmental teach-in
C) Civil rights movement
D) Space exploration awareness
Answer: B) Environmental teach-in
125. How many Americans participated in the first Earth Day events in 1970?
A) 2 million
B) 10 million
C) 20 million
D) 50 million
Answer: C) 20 million
126. What is the theme of International Mother Earth Day 2024?
A) Save Our Oceans
B) Biodiversity Conservation
C) Planet vs. Plastics
D) Clean Energy for All
Answer: C) Planet vs. Plastics
127. What environmental issue does the theme “Planet vs. Plastics” primarily address?
A) Deforestation
B) Air pollution
C) Plastic pollution
D) Water scarcity
Answer: C) Plastic pollution
128. Who helped Senator Gaylord Nelson to organize the first Earth Day in 1970?
A) Denis Hayes
B) Pete McCloskey
C) Both A and B
D) None of the above
Answer: C) Both A and B
129. What does the term “teach-in” refer to in the context of Earth Day’s origins?
A) Educational workshop
B) Political campaign
C) Community cleanup
D) Scientific expedition
Answer: A) Educational workshop
130. What significant event inspired the creation of Earth Day in 1970?
A) Vietnam War protests
B) Civil rights movement
C) Space exploration achievements
D) Global health crisis
Answer: A) Vietnam War protests
131. What is one of the primary objectives of Earth Day?
A) Celebrating historical events
B) Promoting international trade
C) Educating people about environmental issues
D) Advocating for political reforms
Answer: C) Educating people about environmental issues
132. How does Earth Day inspire action among individuals?
A) By promoting consumerism
B) By encouraging tree planting
C) By organizing sports events
D) By advocating for space exploration
Answer: B) By encouraging tree planting
133. What does Earth Day aim to build globally?
A) Political alliances
B) Social media networks
C) Environmental advocacy networks
D) Military alliances
Answer: C) Environmental advocacy networks
134. What does Earth Day remind us about our relationship with nature?
A) We are separate from nature
B) Nature is unlimited
C) We depend on nature
D) Nature is indestructible
Answer: C) We depend on nature
135. Which of the following is NOT a common Earth Day activity?
A) Community cleanups
B) Planting trees
C) Hosting political rallies
D) Adopting eco-friendly practices
Answer: C) Hosting political rallies
136. What role do individuals play in Earth Day celebrations?
A) Passive observers
B) Active participants
C) Financial sponsors
D) None of the above
Answer: B) Active participants
137. How does Earth Day contribute to environmental advocacy?
A) By promoting deforestation
B) By spreading misinformation
C) By fostering a global movement
D) By encouraging pollution
Answer: C) By fostering a global movement
138. What does Earth Day encourage people to do beyond raising awareness?
A) Ignore environmental issues
B) Take tangible steps towards sustainability
C) Increase industrial pollution
D) Support deforestation
Answer: B) Take tangible steps towards sustainability
139. What does Earth Day symbolize in terms of global unity?
A) Division among nations
B) Cooperation on environmental issues
C) Competition for resources
D) Religious conflicts
Answer: B) Cooperation on environmental issues
140. What is the overarching goal of Earth Day celebrations worldwide?
A) Promoting economic growth
B) Advocating for political revolution
C) Protecting and preserving the planet
D) Ignoring environmental concerns
Answer: C) Protecting and preserving the planet
141. When is National Panchayati Raj Day celebrated annually?
A) April 15
B) April 24
C) May 1
D) June 5
Answer: B) April 24
142. What is the primary purpose of National Panchayati Raj Day?
A) Celebrate agricultural achievements
B) Commemorate Indian independence
C) Honor local government leaders
D) Mark the establishment of Panchayati Raj system
Answer: D) Mark the establishment of Panchayati Raj system
143. Which constitutional amendment introduced the Panchayati Raj system in India?
A) 71st
B) 72nd
C) 73rd
D) 74th
Answer: C) 73rd
144. What is the significance of the Panchayati Raj system in India?
A) Centralized governance
B) Decentralized governance
C) Military administration
D) Monarchical rule
Answer: B) Decentralized governance
145. What role did the Balwantrai Mehta Committee play in Indian governance?
A) Established the Parliament
B) Formed the Panchayati Raj system
C) Introduced economic reforms
D) None of the above
Answer: B) Formed the Panchayati Raj system
146. How many tiers does the Panchayati Raj system have according to the recommendations of the Balwantrai Mehta Committee?
A) One
B) Two
C) Three
D) Four
Answer: C) Three
147. What is one of the main objectives of the Panchayati Raj system?
A) Centralize decision-making
B) Empower local self-governing bodies
C) Eliminate rural governance
D) Promote urbanization
Answer: B) Empower local self-governing bodies
148. What does the Panchayati Raj system promote in Indian villages?
A) Political centralization
B) Cultural homogeneity
C) Participatory democracy
D) Religious diversity
Answer: C) Participatory democracy
149. How does the Panchayati Raj system contribute to development in rural areas?
A) By increasing corruption
B) By centralizing resources
C) By planning local development
D) By ignoring community needs
Answer: C) By planning local development
150. What do awards on National Panchayati Raj Day aim to achieve?
A) Promote urban governance
B) Recognize rural achievements
C) Honor international leaders
D) None of the above
Answer: B) Recognize rural achievements
151. Where was the 2024 Laureus Sports Awards ceremony held?
A) London
B) Paris
C) Madrid
D) New York
Answer: C) Madrid
152. Who won the Laureus World Sportsman of the Year award in 2024?
A) Roger Federer
B) Novak Djokovic
C) Cristiano Ronaldo
D) LeBron James
Answer: B) Novak Djokovic
153. How many times has Novak Djokovic won the Laureus World Sportsman of the Year award?
A) Three times
B) Four times
C) Five times
D) Six times
Answer: C) Five times
154. Which athlete matched Novak Djokovic’s record for the most wins in the Laureus World Sportsman of the Year category?
A) Lionel Messi
B) Usain Bolt
C) LeBron James
D) Roger Federer
Answer: D) Roger Federer
155. Who became the Laureus World Sportswoman of the Year in 2024?
A) Simone Biles
B) Serena Williams
C) Aitana BonmatÃ
D) Naomi Osaka
Answer: C) Aitana BonmatÃ
156. What sport does Aitana Bonmatà excel in?
A) Tennis
B) Football (Soccer)
C) Golf
D) Swimming
Answer: B) Football (Soccer)
157. Who was honored with the Comeback of the Year award at the 2024 Laureus Sports Awards?
A) Simone Biles
B) Novak Djokovic
C) Lionel Messi
D) Serena Williams
Answer: A) Simone Biles
158. How many World and Olympic medals does Simone Biles have, making her the most decorated gymnast in history?
A) 30
B) 35
C) 37
D) 40
Answer: C) 37
159. Which country does Simone Biles represent in gymnastics?
A) United States
B) Russia
C) China
D) Germany
Answer: A) United States
160. What was historic about Aitana BonmatÃ’s win as the Laureus World Sportswoman of the Year in 2024?
A) She is the first female footballer to win the award
B) She is the youngest athlete to win the award
C) She is the first Spanish athlete to win the award
D) She is the first athlete from Barcelona to win the award
Answer: A) She is the first female footballer to win the award
161. Who was honored for Breakthrough of the Year at the 2024 Laureus Sports Awards?
A) Novak Djokovic
B) Aitana BonmatÃ
C) Jude Bellingham
D) Carlos Alcaraz
Answer: C) Jude Bellingham
162. Which football club does Jude Bellingham play for?
A) Manchester United
B) Real Madrid
C) Barcelona
D) Liverpool
Answer: B) Real Madrid
163. Who presented the Breakthrough of the Year award to Jude Bellingham?
A) Usain Bolt
B) Tom Brady
C) Carlos Alcaraz
D) Roger Federer
Answer: C) Carlos Alcaraz
164. Which sporting legend presented the Laureus World Sportsman of the Year award in 2024?
A) Tom Brady
B) Usain Bolt
C) Roger Federer
D) Cristiano Ronaldo
Answer: C) Roger Federer
165. Who won the Team of the Year Award at the 2024 Laureus Sports Awards?
A) Spain Women’s Football Team
B) Real Madrid FC
C) Los Angeles Lakers
D) Mercedes-AMG Petronas Formula One Team
Answer: A) Spain Women’s Football Team
166. Who received the Action Sportsperson of the Year Award in 2024?
A) Arisa Trew
B) Simone Biles
C) Serena Williams
D) Rafael Nadal
Answer: A) Arisa Trew
167. Which foundation won the Laureus Sport for Good Award in 2024?
A) Laureus Foundation
B) Roger Federer Foundation
C) Fundación Rafa Nadal
D) Messi Foundation
Answer: C) Fundación Rafa Nadal
168. Who was honored with the Sportsperson of the Year with a Disability Award in 2024?
A) Jude Bellingham
B) Aitana BonmatÃ
C) Diede de Groot
D) Carlos Alcaraz
Answer: C) Diede de Groot
169. How are shortlists for various categories at the Laureus World Sports Awards determined?
A) By public vote
B) By the Laureus World Sports Academy
C) By over 1,000 sports media professionals
D) By the International Olympic Committee
Answer: C) By over 1,000 sports media professionals
170. What is the main purpose of the Laureus Sports Awards event?
A) To celebrate scientific achievements
B) To showcase the best movies of the year
C) To honor remarkable sporting achievements
D) To promote global tourism
Answer: C) To honor remarkable sporting achievements
171. What prestigious environmental award did Alok Shukla win in 2024?
A) Nobel Prize for Environment
B) Nobel Peace Prize
C) Goldman Environmental Prize
D) Green Earth Award
Answer: C) Goldman Environmental Prize
172. Which organization did Alok Shukla convene, as mentioned in the news?
A) Greenpeace India
B) Chhattisgarh Bachao Andolan
C) WWF India
D) Environment Protection Foundation
Answer: B) Chhattisgarh Bachao Andolan
173. What is the Goldman Environmental Prize often referred to as?
A) Nobel Prize for Environment
B) Green Earth Award
C) Environmental Hero Award
D) Green Nobel Prize
Answer: D) Green Nobel Prize
174. How many winners were selected for the 2024 Goldman Environmental Prize?
A) 5
B) 6
C) 7
D) 8
Answer: C) 7
175. Which continent does Marcel Gomes, one of the 2024 Goldman Environmental Prize winners, represent?
A) Asia
B) Europe
C) South and Central America
D) North America
Answer: C) South and Central America
176. Who represents Australia in the winners of the 2024 Goldman Environmental Prize?
A) Marcel Gomes
B) Murrawah Maroochy Johnson
C) Alok Shukla
D) Teresa Vicente
Answer: B) Murrawah Maroochy Johnson
177. Which country does Andrea Vidaurre represent among the 2024 Goldman Environmental Prize winners?
A) United States of America
B) South Africa
C) Spain
D) India
Answer: A) United States of America
178. Who represents Europe in the winners of the 2024 Goldman Environmental Prize?
A) Marcel Gomes
B) Murrawah Maroochy Johnson
C) Teresa Vicente
D) Andrea Vidaurre
Answer: C) Teresa Vicente
179. Which region does Nonhle Mbuthuma and Sinegugu Zukulu represent among the 2024 Goldman Environmental Prize winners?
A) Asia
B) Europe
C) Africa
D) North America
Answer: C) Africa
180. What does the Goldman Environmental Prize recognize?
A) Outstanding contributions to world peace
B) Grassroots environmental activism
C) Advances in environmental science
D) Corporate sustainability efforts
Answer: B) Grassroots environmental activism
181. The Pandit Lacchu Maharaj Award is given in memory of which famous kathak exponent?
A) Pandit Rajendra Gangani
B) Uma Sharma
C) Hema Malini
D) Lacchu Maharaj
Answer: D) Lacchu Maharaj
182. In which city will the award ceremony for the Pandit Lacchu Maharaj Award 2024 take place?
A) Mumbai
B) New Delhi
C) Jaipur
D) Lucknow
Answer: D) Lucknow
183. Who among the following is being honored for their contribution to Kathak and their role as a film actress?
A) Uma Sharma
B) Saira Banu
C) Rama Vaidyanathan
D) Ashim Bandhu Bhattacharya
Answer: B) Saira Banu
184. Which year did Pandit Rajendra Gangani receive the Pandit Lacchu Maharaj Award?
A) 2015
B) 2019
C) 2022
D) 2024
Answer: D) 2024
185. Who is known for their expertise in Bharatanatyam and was awarded in 2018?
A) Uma Sharma
B) Hema Malini
C) Sandhaya Puricha
D) Dr. Malabika Mitra
Answer: C) Sandhaya Puricha
186. In which city does Uma Dogra belong to, who received the award in 2017?
A) Jaipur
B) Kolkata
C) Mumbai
D) New Delhi
Answer: A) Jaipur
187. Which personality received the award in 2023 and is associated with Kathak from Mumbai?
A) Ashim Bandhu Bhattacharya
B) Prachi Shah
C) Pandit Rajendra Gangani
D) Dr. Malabika Mitra
Answer: A) Ashim Bandhu Bhattacharya
188. Who among the following received the award in 2019 and is known for their contributions to Kathak and as a film actress?
A) Uma Sharma
B) Hema Malini
C) Rama Vaidyanathan
D) Prachi Shah
Answer: B) Hema Malini
189. Which year was Dr. Malabika Mitra awarded for her achievements in Kathak from Kolkata?
A) 2016
B) 2018
C) 2021
D) 2023
Answer: C) 2021
190. Who received the Pandit Lacchu Maharaj Award in 2018 for Kathak and their role as a film actress from Mumbai?
A) Hema Malini
B) Saira Banu
C) Sandhaya Puricha
D) Ashim Bandhu Bhattacharya
Answer: A) Hema Malini
191. HDFC Bank is pursuing the sale of its entire stake in HDFC Education and Development Services through which method?
A) Tender offer
B) Open market sale
C) Swiss challenge method
D) Private negotiation
Answer: C) Swiss challenge method
192. Why is HDFC Bank selling its stake in HDFC Education and Development Services?
A) To avoid regulatory scrutiny
B) To raise funds and maintain transparency
C) Due to financial losses
D) To reduce competition
Answer: B) To raise funds and maintain transparency
193. Which institution is celebrating its 90th year in 2024, as attended by Prime Minister Narendra Modi in Mumbai?
A) HDFC Bank
B) Goods and Service Tax (GST)
C) Unified Payments Interface (UPI)
D) Reserve Bank of India (RBI)
Answer: D) Reserve Bank of India (RBI)
194. What was the reason for Prime Minister Narendra Modi’s presence at Mumbai’s National Centre for the Performing Arts in April 2024?
A) To launch a new banking initiative
B) To mark the beginning of GST collection
C) To celebrate RBI’s 90th year
D) To attend a cultural festival
Answer: C) To celebrate RBI’s 90th year
195. In March 2024, what was the total amount of Goods and Service Tax (GST) collection in India?
A) Rs 1.78 lakh crore
B) Rs 1.68 lakh crore
C) Rs 2.00 lakh crore
D) Rs 1.50 lakh crore
Answer: A) Rs 1.78 lakh crore
196. What percentage increase did the Goods and Service Tax (GST) collection witness in March 2024 compared to the previous year?
A) 10%
B) 11.5%
C) 15%
D) 20%
Answer: B) 11.5%
197. Which payment system in India concluded FY24 by processing transactions worth ₹19.78 lakh crore in March 2024?
A) Goods and Service Tax (GST)
B) Unified Payments Interface (UPI)
C) Swiss challenge method
D) Reserve Bank of India (RBI)
Answer: B) Unified Payments Interface (UPI)
198. What was the previous record for transaction value processed by Unified Payments Interface (UPI) before March 2024?
A) ₹18.41 lakh crore
B) ₹20.00 lakh crore
C) ₹17.00 lakh crore
D) ₹15.78 lakh crore
Answer: A) ₹18.41 lakh crore
199. In which month of FY24 did Unified Payments Interface (UPI) experience a slight dip in transaction volume and value?
A) January 2024
B) February 2024
C) March 2023
D) December 2023
Answer: B) February 2024
200. What was the reason behind the dip in Unified Payments Interface (UPI) transactions in February 2024?
A) Increased investment activity
B) Technical glitch
C) Government regulation
D) Bank holidays
Answer: A) Increased investment activity
201. As of December 2023, how many credit cards were in circulation in India?
A) 50 million
B) 75 million
C) 100 million
D) 125 million
Answer: C) 100 million
202. What has primarily fueled the growth in credit card usage in India according to RBI data?
A) Government subsidies
B) Strategic bank initiatives and consumer spending habits
C) Decrease in interest rates
D) Foreign investments
Answer: B) Strategic bank initiatives and consumer spending habits
203. How much did Karnataka Bank raise through its Qualified Institutional Placement (QIP)?
A) Rs 400 crore
B) Rs 600 crore
C) Rs 800 crore
D) Rs 1,500 crore
Answer: B) Rs 600 crore
204. When did Karnataka Bank announce its planned capital raise program?
A) January 2023
B) September 2023
C) December 2023
D) March 2024
Answer: B) September 2023
205. What is the strategic objective behind Karnataka Bank’s QIP?
A) To enhance digital banking services
B) To reduce interest rates
C) To strengthen financial strength and fuel growth
D) To acquire smaller banks
Answer: C) To strengthen financial strength and fuel growth
206. Which agency is the Reserve Bank of India (RBI) contemplating to establish to combat illegal lending apps?
A) Financial Intelligence Unit (FIU)
B) Digital India Trust Agency (DIGITA)
C) Cyber Security and IT Examination (CSITE)
D) Digital Financial Services Committee (DFSC)
Answer: B) Digital India Trust Agency (DIGITA)
207. What is the primary goal of establishing DIGITA by RBI?
A) Promote digital literacy
B) Combat illegal lending apps and enhance cybersecurity
C) Regulate digital payments
D) Provide financial assistance
Answer: B) Combat illegal lending apps and enhance cybersecurity
208. Which banks have merged through an all-stock deal finalized on April 1, 2024?
A) HDFC Bank and ICICI Bank
B) AU Small Finance Bank and Fincare Small Finance Bank
C) State Bank of India and Punjab National Bank
D) Axis Bank and Kotak Mahindra Bank
Answer: B) AU Small Finance Bank and Fincare Small Finance Bank
209. What does the merger between AU Small Finance Bank and Fincare Small Finance Bank aim to strengthen?
A) Their branch network
B) Their customer base and distribution network
C) Their digital payment systems
D) Their foreign exchange services
Answer: B) Their customer base and distribution network
210. How was the AU Small Finance Bank and Fincare Small Finance Bank merger funded?
A) Through government grants
B) Through a cash transaction
C) Through an all-stock deal
D) Through foreign investments
Answer: C) Through an all-stock deal
211. What is SCORES 2.0 recently launched by SEBI?
A) A new stock exchange
B) An upgraded Complaint Redress System
C) A digital currency
D) A financial literacy program
Answer: B) An upgraded Complaint Redress System
212. What is the primary goal of SCORES 2.0?
A) To enhance investor education
B) To automate routing of investor complaints
C) To promote stock market speculation
D) To regulate commodity trading
Answer: B) To automate routing of investor complaints
213. Which bank received approval from the Competition Commission of India (CCI) for its stake acquisition in Max Life Insurance?
A) HDFC Bank
B) ICICI Bank
C) Axis Bank
D) Kotak Mahindra Bank
Answer: C) Axis Bank
214. What is the strategic objective behind Axis Bank’s acquisition of a stake in Max Life Insurance?
A) To enter the health insurance market
B) To strengthen its investment banking division
C) To bolster Max Life’s growth and capital base
D) To acquire a foreign insurance company
Answer: C) To bolster Max Life’s growth and capital base
215. In the second half of 2023, by what percentage did UPI transactions in India increase year-on-year according to Worldline?
A) 10%
B) 25%
C) 44%
D) 56%
Answer: D) 56%
216. What was the volume of UPI transactions reported by Worldline for the second half of 2023?
A) 32.38 billion
B) 42.09 billion
C) 65.77 billion
D) 99.68 billion
Answer: C) 65.77 billion
217. According to the report by Worldline, how much did the transaction value of UPI transactions increase in the second half of 2023?
A) 10%
B) 25%
C) 44%
D) 56%
Answer: C) 44%
218. What is the new implementation date set by RBI for regulations governing exchange-traded forex derivatives?
A) April 1
B) April 15
C) May 3
D) June 1
Answer: C) May 3
219. Why did brokerages urge clients to close out contracts before the new regulations on forex derivatives take effect?
A) To avoid taxes
B) To anticipate changes in market dynamics
C) To comply with SEBI guidelines
D) To minimize transaction costs
Answer: B) To anticipate changes in market dynamics
220. Which financial institutions faced monetary penalties from RBI for non-compliance with regulations?
A) HDFC Bank and ICICI Bank
B) IDFC First Bank and LIC Housing Finance
C) Axis Bank and Kotak Mahindra Bank
D) State Bank of India and Punjab National Bank
Answer: B) IDFC First Bank and LIC Housing Finance
221. What is the objective of SIDBI’s partnership with KarmaLife?
A) To provide healthcare services
B) To extend micro loans to gig workers
C) To promote tourism
D) To enhance educational opportunities
Answer: B) To extend micro loans to gig workers
222. How does KarmaLife facilitate loan access for gig workers?
A) Through physical branches
B) By leveraging mobile app technology
C) By requiring extensive paperwork
D) By conducting credit checks
Answer: B) By leveraging mobile app technology
223. What improvement did the Reserve Bank of India (RBI) survey indicate in consumer confidence for the year ahead?
A) A decrease in consumer optimism
B) Stability in consumer sentiment
C) A significant improvement
D) No change in consumer expectations
Answer: C) A significant improvement
224. What is the Future Expectations Index (FEI) as per the recent RBI survey conducted in March 2024?
A) 100.0
B) 110.1
C) 125.2
D) 140.0
Answer: C) 125.2
225. Why did RBI cancel the registration certificates of four NBFCs?
A) Due to financial fraud
B) Due to voluntary surrender of licenses
C) Due to merger with other entities
D) Due to operational losses
Answer: B) Due to voluntary surrender of licenses
226. What was the purpose of the MoU signed between Canara Bank and SINE, IIT Bombay?
A) To promote tourism
B) To facilitate financial assistance to startups
C) To enhance healthcare services
D) To improve educational infrastructure
Answer: B) To facilitate financial assistance to startups
227. What significant financial transaction did State Bank of India (SBI) and Standard Chartered Bank India conduct recently?
A) Foreign exchange trading
B) Credit Default Swap (CDS) trade
C) Merger and acquisition deal
D) Initial Public Offering (IPO)
Answer: B) Credit Default Swap (CDS) trade
228. What is the value of the Credit Default Swap (CDS) trade conducted by SBI and Standard Chartered Bank India?
A) ₹10 crore
B) ₹15 crore
C) ₹20 crore
D) ₹25 crore
Answer: D) ₹25 crore
229. What is the primary focus of RBI’s recent issuance of guidelines regarding Credit Default Swaps (CDS)?
A) To encourage speculative trading
B) To regulate foreign exchange markets
C) To enhance credit risk management
D) To promote agricultural investments
Answer: C) To enhance credit risk management
230. How many NBFCs voluntarily surrendered their licenses as per RBI’s recent regulatory decisions?
A) 7
B) 9
C) 11
D) 13
Answer: C) 11
231. Where did HDFC Bank recently open a branch, becoming the only private sector bank to do so in the Union Territory?
A) Andaman and Nicobar Islands
B) Lakshadweep
C) Daman and Diu
D) Puducherry
Answer: B) Lakshadweep
232. What is the focus of HDFC Bank’s new branch in Kavaratti Island, Lakshadweep?
A) Corporate banking solutions
B) Export-import financing
C) Personal banking and digital banking solutions
D) Agricultural loans
Answer: C) Personal banking and digital banking solutions
233. What type of digital solutions will HDFC Bank’s branch in Kavaratti Island provide?
A) E-commerce platforms
B) QR-based transactions for retailers
C) Cryptocurrency trading
D) Virtual reality banking
Answer: B) QR-based transactions for retailers
234. By what margin did net direct tax collections for FY 2023-24 surpass Union Budget Estimates, as per provisional figures released by the Ministry of Finance?
A) 3.50%
B) 5.60%
C) 7.40%
D) 10.20%
Answer: C) 7.40%
235. What is the total amount of provisional direct tax collections for FY 2023-24, according to the Ministry of Finance?
A) Rs. 16.23 lakh crore
B) Rs. 18.23 lakh crore
C) Rs. 19.58 lakh crore
D) Rs. 21.58 lakh crore
Answer: C) Rs. 19.58 lakh crore
236. Who resigned from his positions as chairman and non-executive director of HDFC Life Insurance, effective April 18, 2024?
A) Deepak S Parekh
B) Keki Mistry
C) Aditya Puri
D) Uday Kotak
Answer: A) Deepak S Parekh
237. Who has been appointed as the new Chairman of HDFC Life Insurance following Deepak S Parekh’s resignation?
A) Deepak S Parekh
B) Keki Mistry
C) Aditya Puri
D) Uday Kotak
Answer: B) Keki Mistry
238. Which digital financial services provider obtained in-principle authorization from RBI to function as a Payments Aggregator (PA) under the Payment Settlements Act, 2007?
A) Paytm
B) PhonePe
C) Google Pay
D) PayU
Answer: D) PayU
239. What significance does PayU’s recent approval from RBI hold for its operations in India?
A) It can now issue credit cards
B) It can offer digital banking services
C) It can operate as a Payments Aggregator (PA)
D) It can provide microfinance loans
Answer: C) It can operate as a Payments Aggregator (PA)
240. For how long did PayU undergo the approval process with RBI to become a Payments Aggregator (PA)?
A) 3 months
B) 6 months
C) 9 months
D) 1 year
Answer: D) 1 year
241. What was the percentage decline in India’s gems and jewellery exports in fiscal year 2023-24 compared to the previous year?
A) 7.50%
B) 10.25%
C) 14.94%
D) 20.00%
Answer: C) 14.94%
242. How much did India’s gems and jewellery exports amount to in fiscal year 2023-24, according to provisional data released by GJEPC?
A) US$27.50 billion
B) US$32.02 billion
C) US$37.6 billion
D) US$40.20 billion
Answer: B) US$32.02 billion
243. From which date will the comprehensive master direction for asset reconstruction companies (ARCs) issued by RBI come into effect?
A) April 1, 2024
B) April 24, 2024
C) May 1, 2024
D) June 30, 2024
Answer: B) April 24, 2024
244. What is the minimum capital requirement that ARCs are required to maintain under the new master direction issued by RBI?
A) Rs 50 crore
B) Rs 100 crore
C) Rs 200 crore
D) Rs 300 crore
Answer: D) Rs 300 crore
245. Why did Kotak Mahindra Bank face punitive measures from RBI recently?
A) Financial mismanagement
B) Failure to meet capital adequacy norms
C) IT system deficiencies
D) Non-compliance with KYC regulations
Answer: C) IT system deficiencies in 2022 and 2023
246. What specific restrictions were imposed on Kotak Mahindra Bank by RBI following the IT system deficiencies?
A) Online customer onboarding and fresh credit card issuance
B) ATM cash withdrawals
C) Loan disbursements
D) Branch expansions
Answer: A) Online customer onboarding and fresh credit card issuance
247. Under which Act did RBI unveil regulations to facilitate the direct listing of Indian companies on international stock exchanges?
A) Companies Act
B) Banking Regulation Act
C) Foreign Exchange Management Act (FEMA)
D) SEBI Act
Answer: C) Foreign Exchange Management Act (FEMA)
248. What is the primary objective of RBI’s new regulations under FEMA for facilitating direct listings of Indian companies on international stock exchanges?
A) Enhancing corporate governance
B) Streamlining foreign exchange transactions and reporting procedures
C) Reducing corporate taxes
D) Providing subsidies for export-oriented companies
Answer: B) Streamlining foreign exchange transactions and reporting procedures
249. With whom did NABARD collaborate to revolutionize agricultural lending through digitalization?
A) RBI Innovation Hub
B) SBI Card
C) SEBI
D) IRDAI
Answer: A) RBI Innovation Hub
250. What initiative has SBI Card recently launched to cater to diverse travel needs?
A) SBI Card Air Miles
B) SBI Card Travel Rewards
C) SBI Card MILES
D) SBI Card Globe Trotter
Answer: C) SBI Card MILES
