RBI Grade B Phase 1 — 2023 Practice Questions

📅 Exam: July 2023 📝 200 Questions ⏱ 2 Hours ✅ GA Section
📝 Note: These are practice questions based on exam recollections shared by candidates. RBI does not officially release previous year papers.

Click on any option to check your answer. More sections (Quant, Reasoning, English) coming soon.

General Awareness

Q1. General Awareness
In recent news, a declaration has been adopted that aims to boost industry ties on defense and renewable energy, in the face of growing competition from the other emerging countries . The above -mentioned Atlantic Declaration was signed between which of the following two countries?
A. United States and United Kingdom
B. Australia & United Kingdom
C. France and United States
D. Australia and United Kingdom
E. Australia and France
Correct Answer: A
Q2. General Awareness
The United States will rejoin an organization in July, four years after it left it in 2019, alleging that it was biased against Israel. The move to rejoin will face a vote by the organisation's member states and is expected to pass easily. Identify which among the following organisations is the US about to re -join?
A. UNICEF
B. WHO
C. UNESCO
D. UNCTAD
E. SCO
Correct Answer: C
Q3. General Awareness
What is the objective of the "Antardrishti Dashboard" which was introduced recently by the RBI ?
A. It will provide the required insight to assess and monitor the progress of grievance
B. It will provide the required insight to assess and monitor the progress of financial
C. It will provide the required insight to assess and monitor the progress of reducing NPAs.
D. It will provide the required insight to assess and monitor the progress of strengthening
E. It will provide the required insight to assess and monitor the progress of digital banking.
Correct Answer: B
Q4. General Awareness
In recent news, Indian -origin Climate Change researcher ______ has been picked for the Spinoza Prize 2023, which is the highest scientific honour in the Netherlands and has a prize money of _______.
A. Sheo Kumar, 1.5 million euros
B. Rajkumar Upadhyay, 2.5 million euros
C. Joyeeta Gupta, 1.5 million euros
D. K Rajaraman, 3.5 million euros
E. Navtej Bal, 1.5 million euros
Correct Answer: C
Q5. General Awareness
Which country has achieved gender parity according to the latest Global Gender Gap Index?
A. Iceland
B. Finland
C. Denmark
D. Sweden
E. None
Correct Answer: E
Q6. General Awareness
Comptroller and Auditor General of India Girish Chandra Murmu has been re -elected as the external auditor of ______ for a four -year term from____.
A. WHO, 2024 to 2027
B. UNICEF, 2023 to 2026
C. UNESCO, 2024 to 2027
D. WTO, 2023 to 2026
E. UNCTAD, 2024 to 2027
Correct Answer: A
Q7. General Awareness
The tropical cyclones forming over different ocean basins are named by the concerned regional specialised meteorological centres (RSMCs) and regional Tropical Cyclone Warning Centres (TCWCs). As per the 'List of North Indian Ocean Tropical Cyclone Names', what is the name of the next cyclone aft er cyclone 'Biparjoy' and the name has been recommended by which country?
A. Prahar, Bangladesh
B. Akhand, India
C. Tej, India
D. Bhanwar, Nepal
E. Prachand, Sri Lanka
Correct Answer: C
Q8. General Awareness
Foreign Trade Policy (2023) is a policy document which is based on continuity of time - tested schemes facilitating exports as well as a document which is nimble and responsive to the requirements of trade. Which of these is not part of the fo ur key pillars of the Foreign Trade Policy 2023 declared recently?
A. Incentive to Remission
B. Export promotion through collaboration - Exporters, States, Districts, Indian Missions
C. Ease of doing business, reduction in transaction cost and e -initiatives
D. Emerging Areas – E-Commerce Developing Districts as Export Hubs and streamlining
E. E-Governance
Correct Answer: E
Q9. General Awareness
The Union government, in consultation with the RBI, fixes the inflation target for the central bank every five years. The Upper Tolerance level of Inflation is ____________ and in case of breach of the upper tolerance for ___________ quarters the repor t has to be submitted by RBI.
A. 4.0%, three consecutive quarters
B. 5.0%, two consecutive quarters
C. 6.0%, two consecutive quarters
D. 6.0%, three consecutive quarters
E. 5.0%, three consecutive quarters
Correct Answer: D
Q10. General Awareness
As per the survey of professional forecasters (SPF) by RBI, the real gross domestic product (GDP) growth forecast for 2023 -24 has been retained at _____ , while it is expected to grow by ____ in 2024 -25.
A. 5.7 per cent, 6.1 per cent
B. 5.9 per cent, 6.3 per cent
C. 6.0 per cent, 6.4 per cent
D. 6.1 per cent, 6.4 per cent
E. 6.2 per cent, 6.3 per cent
Correct Answer: C
Q11. General Awareness
As per Annual Report of RBI, Commercial banks remained the largest holders of government securities [including T -Bills and state government securities (SGSs)] accounting for __________ at end -March 2023.
A. 27.5%
B. 37.5%
C. 25.5%
D. 31.5%
E. 28.5%
Correct Answer: B
Q12. General Awareness
Identify which among the following States are among the top 3 States with highest mangrove cover in India? 1. West Bengal 2. Gujarat 3. Andaman Nicobar 4. Tamil Nadu
A. 1, 2 & 3
B. Only 2 & 3
C. Only 1 & 4
D. Only 3 & 4
E. 2, 3 & 4
Correct Answer: A
Q13. General Awareness
Group of Twenty (G20) is an intergovernmental forum comprising 19 countries and the European Union. India holds the Presidency of the G20 from December 1, 2022 to November 30, 2023. Which of the following is not one of the guest countries invited to the G20 summit under India’s presidency?
A. Bangladesh
B. Philippines
C. Mauritius
D. Netherlands
E. Nigeria
Correct Answer: B
Q14. General Awareness
India is NOT a member of which of the following organizations?
A. SCO
B. ADB
C. World Trade Organisation
D. OECD
E. World Bank
Correct Answer: D
Q15. General Awareness
As per RBI Annual Report 2022 -23, India has remained among the fastest growing major economies of the world, contributing more than ___________ to global growth on average during the last five years.
A. 5.5%
B. 7.5%
C. 12%
D. 6.8%
E. 10.5%
Correct Answer: C
Q16. General Awareness
As per the Financial Stability Report, SCBs’ gross non -performing assets (GNPA) ratio continued its downtrend and fell to a __________ year low to 3.9% in March 2023 and the net non -performing assets (NNPA) ratio declined to __________.
A. 8, 0.5%
B. 10, 1%
C. 13, 1.5%
D. 10, 1.5%
E. 8, 1%
Correct Answer: B
Q17. General Awareness
Despite prolonged geopolitical tensions and slowing global trade, India’s merchandise exports touched US$ 450.4 billion during 2022 - 23, which is 6.7 percent above the previous year’s record level. Which of the following sectors contributed the largest share in the merchandise exports from India?
A. Electronic Goods
B. Petroleum Products
C. Rice
D. Organic and Inorganic Chemicals
E. Iron Ore
Correct Answer: B
Q18. General Awareness
The core theme of the 2025 Payments Vision document is E -Payments for Everyone ______________.
A. E-Payments for Elder
B. Everywhere, Everytime
C. Everywhere, Everything
D. Everything, Everytime
E. Everyone, Everything
Correct Answer: B
Q19. General Awareness
Which of these ASEAN countries are also the members of BIMSTEC? 1.Thailand 2. Singapore 3. Myanmar 4. Indonesia 5. Vietnam
A. 1, 2 and 3 only
B. 3 and 4 only
C. 1 and 3 only
D. 1, 4 and 5
E. All of the above
Correct Answer: C
Q20. General Awareness
There has been great excitement and a rush of positive sentiment among members of the fintech community (digital lenders), regulated lenders, and investors about the recently (June 2023) published Guidelines on Default Loss Guarantee (DLG) in Digital L ending which were issued by the Reserve Bank of India (RBI). The Guidelines on Default Loss Guarantee (DLG) in Digital Lending is not applicable on which of the following entities?
A. Payment Banks
B. Small Finance Banks
C. State Co -operative Banks
D. NBFC
E. Commercial Banks
Correct Answer: A
Q21. General Awareness
The term of State Legislative Assemblies of which of the following states will not end till Jan 2024?
A. Madhya Pradesh
B. Rajasthan
C. Haryana
D. Chhattisgarh
E. Telangana
Correct Answer: C
Q22. General Awareness
Which of these small saving schemes will provide highest return in July - September 2023?
A. Kisan Vikas Patra
B. National Savings Certificate (NSC)
C. Senior citizen savings Scheme
D. Sukanya Samriddhi
E. Monthly Income Scheme
Correct Answer: C
Q23. General Awareness
HS Prannoy ended a six -year long title drought with a three -game win over China's Weng Hong Yang in a pulsating men's singles finals at the Malaysia Masters. This title is known as _________.
A. Super 1000 title
B. Super 500 title
C. Super 300 title
D. Super 200 title
E. Super 100 title
Correct Answer: B
Q24. General Awareness
For the first time in India, the share price of a company crossed the Rs 1 lakh mark. With this, __________ became the first stock in India to cross the Rs 1 lakh mark per share in intra -day trade after its share jumped 1.07 per cent in early trade recently in June 2023.
A. Honeywell
B. MRF Ltd.
C. Page Industries
D. 3M India
E. Shree Cement
Correct Answer: B
Q25. General Awareness
With classification of UCBs into four tiers, the prudential exposure limits for UCBs to a group of connected borrowers/parties will be how much of their tier -I capital?
A. ₹150 lakh
B. ₹120 lakh
C. ₹60 lakh
D. ₹50 lakh
E. ₹70 lakh
Correct Answer: C
Q26. General Awareness
As per the recent (June 2023) data of Department for Promotion of Industry and Internal Trade (DPIIT), United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor in India during 2022 -23. Which among the following countries are among the top 3 sources of FDI into India?
A. UAE, Mauritius, US
B. Netherlands, Mauritius, US
C. Singapore, Mauritius, US
D. Singapore, Netherlands, US
E. Singapore, Mauritius, Australia
Correct Answer: C
Q27. General Awareness
India’s overall exports (Merchandise and Services combined) in April 2023 is estimated to be USD 65.02 Billion, exhibiting a positive growth of 2 percent over April 2022. Which one of the following key sectors under merchandise exports exhibited the highest positive growth in April 2023 as compared to the same period last year (April 2022)?
A. Oil Meals
B. Electronic Goods
C. Ceramic Products & Glassware
D. Drugs & Pharmaceuticals
E. Cereal Preparations & Miscellaneous Processed Items
Correct Answer: A
Q28. General Awareness
Which of the following States are among the top 3 destination states for FDI in India? 1. Maharashtra 2. Karnataka 3. Gujarat 4. Delhi 5. Tamil Nadu
A. Only 1
B. Both 2 & 3
C. 1, 3 and 5
D. 2, 4 and 5
E. 1, 2 and 3
Correct Answer: E
Q29. General Awareness
Dr. Mansukh Mandaviya unveiled the 5th State Food Safety Index (SFSI), which evaluates the performance of states and union territories across six different aspects of food safety. Which one of the following are the top -3 states in the large state category of the State Food Saf ety Index ?
A. Kerala, Punjab and Uttar Pradesh
B. Andhra Pradesh, Kerala and Punjab
C. Kerala, Punjab and Tamil Nadu
D. Haryana, Kerala and Telangana
E. Haryana, Punjab and Tamil Nadu
Correct Answer: C
Q30. General Awareness
Who has been recently appointed as the chair of B20 India which represents the entire G20 business community?
A. Ajay Bhalla
B. Gautam Adani
C. N. Chandrasekaran
D. Ratan Tata
E. Ravneet Kaur
Correct Answer: C
Q31. General Awareness
The headquarters of the European Central Bank is located in ____and was established in ______.
A. London, 1998
B. Brussels , 2002
C. Paris, 2000
D. Rome, 1998
E. Frankfurt, 1998
Correct Answer: E
Q32. General Awareness
Identify which among the following statements is true regarding Call Money, Notice Money and Term Money?
A. Scheduled commercial banks (including Small Finance Banks) cannot set their own limits
B. Scheduled commercial banks (excluding Small Finance Banks) can set their own limits for
C. Scheduled commercial banks (excluding Small Finance Banks) can set their own limits for
D. Scheduled commercial banks (including Small Finance Banks) can set their own limits for
E. None of the above
Correct Answer: B
Q33. General Awareness
50 years after the launch of Project Tiger on April 1, 1973, India's tiger population today ranges from 2,500 to 3,000. When Project Tiger started, we had ___ tiger reserves. In 2023, we have ___.
A. 9, 47
B. 9, 53
C. 9, 48
D. 9, 55
E. 9, 67
Correct Answer: B
Q34. General Awareness
Identify which among the following statements is incorrect regarding Sovereign Gold Bonds?
A. Investment limit per fiscal year is 4 kg for individuals and Hindu Undivided Family (HUF)
B. Investment limit per fiscal year is 20 Kg for Trusts and similar entities notified by the
C. Bond is available both in demat and paper form
D. Total limit is excluding purchase from secondary market
E. Bond can be used as collateral for loans
Correct Answer: D
Q35. General Awareness
Which of these banks has introduced corporate customer platform "fyn"?
A. Kotak Mahindra Bank
B. IndusInd Bank
C. HDFC Bank
D. RBL Bank
E. Federal Bank
Correct Answer: A
Q36. General Awareness
Identify which among the following is one of the Payment System Operators in India?
A. Clearing Corporation of India
B. National Payments Corporation of India
C. Scheduled Commercial Banks
D. All of the above
E. None of the above
Correct Answer: D
Q37. General Awareness
In recent news, 40 years have been completed for the historic win of India in the 1983 Cricket World Cup final. India scored 183 runs batting first, what was the score of West Indies?
A. 128
B. 133
C. 110
D. 125
E. 140
Correct Answer: E
Q38. General Awareness
The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal flagged off the maiden International Cruise Vessel "_______", India’s first international cruise vessel, from Chennai to _______.
A. MV Empress, Bangladesh
B. MV Ganga Vilas, Bhutan
C. MV Empress, Sri Lanka
D. MV Ganga Vilas, Sri Lanka
E. MV Emperor, Sri Lanka
Correct Answer: C
Q39. General Awareness
Identify which among the following institutes celebrates their foundation day on 1st July?
A. Indian Space Research Organisation
B. Institute of Chartered Accountants of India
C. Defence Research and Development Organisation
D. Border Roads Organisation
E. NITI Aayog
Correct Answer: B
Q40. General Awareness
Brand Finance evaluates and values over 5,000 brands every year, across all sectors and geographies to get instant access to the world's largest brand database, including brand value, brand strength, research and competitive ranking data. As per brand finance India, which among the following is not among the top 5 Indian brands?
A. Tata
B. Infosys
C. HDFC Bank
D. LIC
E. Reliance
Correct Answer: C
Q41. General Awareness
The National Institutional Ranking Framework (NIRF) was approved by the MHRD and introduced by the Honourable Minister of Human Resource Development on 29th September 2015. As per the NIRF's "India Rankings 2023", which one of the following has been mat ched incorrectly: 1. Top performing University: IISc Bengaluru 2. Top performing College: St. Stephens 3. Top performing institute in Overall Category: IIT Madras
A. 2 only
B. 1 and 2 only
C. 2 and 3 only
D. 1, 2 and 3
E. None of the above
Correct Answer: A
Q42. General Awareness
El Nino is a cyclical environmental condition that occurs across the Equatorial Pacific Ocean and is triggered by natural interactions between the ocean and atmosphere with the driving factors being the sea surface temperature, rainfall, air pressure, and atmospheric and ocean circulations. It occurs when the surface water in the equatorial Pacific becomes warmer than average and east winds blow weaker than normal. The phenomenon is similar to which of the following climatic anomalies?
A. Indian Ocean Dipole
B. Maven Oscillation
C. Madden Jullian Oscillation
D. Western Disturbances
E. Monsoon
Correct Answer: A
Q43. General Awareness
Identify which among the following is the mascot introduced by RBI as a part of its financial Awareness campaign?
A. Ms Money
B. Mr Money
C. Money Kumar
D. Mr Kumar
E. Money Raja
Correct Answer: C
Q44. General Awareness
Identify which among the following is the initiative supported by NITI Aayog, aimed to finance 50,000 electric vehicles for MSMEs?
A. ELECTRO
B. EVOLVE
C. EVPURE
D. EVWORLD
E. EVNITI
Correct Answer: B
Q45. General Awareness
The World Bank has scrapped Ease of Doing Business and declared a new replacement annual series which will reflect a more balanced and transparent approach toward evaluating a country's business and investment climate. What is the name of the new rep lacement annual series?
A. Ease Business
B. Business PRO
C. Easy Business
D. Business Ready
E. Business PORT
Correct Answer: D
Q46. General Awareness
Food and Consumer Affairs Minister Piyush Goyal has declared that India will achieve its target of ____ ethanol blending with petrol by ______ instead of 2030. He also maintained that the maize crop will play an important role in implementation of th e programme.
A. 20%, 2024
B. 25%, 2025
C. 20%, 2025
D. 30%, 2030
E. 25%, 2023
Correct Answer: C
Q47. General Awareness
In recent news, the Union Minister of Road Transport and Highway has informed about the ambitious India -Myanmar -Thailand Trilateral Highway which connects Kolkata to Bangkok. It belongs to which of which of the following organization?
A. BIMSTEC
B. ASEAN
C. SCO
D. G-7
E. G20
Correct Answer: A
Q48. General Awareness
Prime Minister Narendra Modi introduced three flagship schemes for urban revamp, including smart cities and housing for all on 25th June 2015, ensuring better quality of life for 40% of the country’s population that either live in urban areas or depend on them for livelihood. Which one of the following are the 3 -schemes introduced? 1. Smart Cities Mission 2. Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 3. Pradhan Mantri Awas Yojana - Urban (PMAY -U)
A. Only 1
B. Both 2 & 3
C. Only 3
D. Both 1 & 2
E. All 1, 2 and 3
Correct Answer: E
Q49. General Awareness
As per the Union Budget 2023, Government has decided to continue the 50 -year interest free loan to state governments for one more year to spur capital investment and, with a significantly enhanced outlay of Rs 1.3 lakh crore, from ___________.
A. 2021 -22
B. 2025 -26
C. 2024 -25
D. 2022 -23
E. 2023 -24
Correct Answer: E
Q50. General Awareness
Which one of the following statements are correct with respect to the Mission for Integrated Development of Horticulture (MIDH) scheme? 1. It is a Central Sector Scheme introduced in 2015. 2. It provides financial assistance @35% of the project cost in general areas for setting up post harvest management infrastructure. 3. It provides technical advice and administrative support to state governments/state horticulture missions for the saffron mission.
A. Only 1
B. Both 2 & 3
C. Only 2
D. Both 1 & 3
E. All 1, 2 & 3
Correct Answer: B
Q51. General Awareness
Progress has been sluggish in six sectors under Production -Linked Incentive (PLI) schemes. A detailed analysis is being conducted by relevant ministries. Which of these is not under the non -performing sectors of the scheme?
A. Information technology (IT) hardware
B. White Goods
C. ACC Battery
D. Textile
E. Speciality Steel
Correct Answer: A
Q52. General Awareness
Which one of the following states was among the top -3 states in terms of highest GST revenues in June 2023? 1. Haryana 2. Karnataka 3. Gujarat 4. Uttar Pradesh 5. Maharashtra
A. Only 2, 3 and 5
B. Only 1, 3 & 4
C. Only 1, 2 & 5
D. Only 3, 4 & 5
E. Only 2, 3 & 4
Correct Answer: A
Q53. General Awareness
E -way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding ______ as mandated by the Government in terms of section 68 of the Goods and Services Tax Act read with rule 1 38 of the rules framed thereunder.
A. Rs 50,000
B. Rs 40,000
C. Rs 65,000
D. Rs 1,00,000
E. Rs 75,000
Correct Answer: A
Q54. General Awareness
Name the country that conferred its highest civilian honour to President Droupadi Murmu - The Grand Order of the Chain of Yellow Star?
A. Sudan
B. South Africa
C. Uganda
D. Suriname
E. Serbia
Correct Answer: D
Q55. General Awareness
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, approved the constitution and empowerment of an Inter Ministerial Committee (IMC) for facilitation of the “World’s Largest Grain Storage Plan in Cooperative Sector” by convergence of various schemes of ministries. Which ministry does not belong to that group?
A. Ministry of Agriculture and Farmers Welfare
B. Ministry of Cooperation
C. Ministry of Consumer Affairs, Food and Public Distribution
D. Ministry of Food Processing Industries
E. None of the above
Correct Answer: B
Q56. General Awareness
The Reserve Bank releases a quarterly house price index (HPI) based on transaction - level data received from housing registration authorities in ten major cities. The cities are: 1. Bengaluru 2. Delhi 3. Jaipur 4. Kanpur 5. Kolkata 6. Mumbai Remaining cities are :
A. Chandigarh, Kochi, Lucknow, Ahmedabad
B. Chennai, Shimla, Lucknow, Ahmedabad
C. Chennai, Kochi, Lucknow, Agra
D. Chennai, Surat, Lucknow, Ahmedabad
E. Chennai, Kochi, Lucknow, Ahmedabad
Correct Answer: E
Q57. General Awareness
Which of these is/are the dimensions across which the states and districts have been assessed under the Social Progress Index (SPI) for States and Districts made by the Institute for Competitiveness and Social Progress Imperative? 1. Basic Human Needs 2. Innovation 3. Foundations of Wellbeing 4. Opportunity 5. Foundations of Healthy life
A. Only 1, 3 and 4
B. Only 1, 2 and 3
C. Only 2, 3 and 4
D. Only 1 and 2
E. Only 2 and 3
Correct Answer: A
Q58. General Awareness
NASA's MAVEN mission has published some new, mind -blowing images captivating an array of ultraviolet views of the red planet. What does "V" stand for in MAVEN Mission?
A. Velocity
B. Vacuum
C. Volatile
D. Valence
E. Vector
Correct Answer: C
Q59. General Awareness
The Basic Statistical Returns (BSR) Code is a seven -digit code that is provided to the registered banks by the RBI. The first three digits in the code identify the bank, while the following four digits identify the bank branch. India’s Basic Statistic al Returns (BSR) system recently completed _________ since its inception.
A. 10 years
B. 20 years
C. 50 years
D. 25 years
E. 75 years
Correct Answer: C
Q60. General Awareness
The Reserve Bank of India (RBI) has fixed the minimum Net Owned Fund (NOF) size for housing finance companies at _________. The housing finance companies (HFCs) holding a Certificate of Registration (CoR) and having an NOF of less than ______ will be required to achieve NOF of Rs 15 crore by March 31, 2022 and ________ by March 31, 2023.
A. Rs 5 crore
B. Rs 15 crore
C. Rs 25 crore
D. Rs 20 crore
E. Rs 35 crore
Correct Answer: C
Q61. General Awareness
As per Foreign Trade Policy 2023, towns that produce goods worth at least ______ can be recognized as towns of export excellence, based on their growth potential for exports.
A. Rs 850 Crore
B. Rs 750 Crore
C. Rs 650 Crore
D. Rs 550 Crore
E. Rs 450 Crore
Correct Answer: B
Q62. General Awareness
NTPC Limited, India's largest power generation company, has climbed 52 positions to secure the 433rd rank in Forbes' “The Global 2000” List for 2023. Which of these is/are not the parameters taken into account for determining Forbes 2000 ranking of the top public companies in the world?
A. Goodwill
B. Sales
C. Profits
D. Assets
E. Market value
Correct Answer: A
Q63. General Awareness
In recent news, (June 2023), Indian Council of Agricultural Research (ICAR), New Delhi has signed a MoU with _______ Kisan to combine strengths and create synergy between the two organizations for guiding the farmers on scientific cultivation of different cr ops for optimum yield and income.
A. Snapdeal
B. Meesho
C. Amazon
D. Flipkart
E. CRED
Correct Answer: C
Q64. General Awareness
In recent news, SEBI has proposed to tweak the definition of unpublished price sensitive information (UPSI). It proposed changing the definition of UPSI as it currently stands and bringing Regulation 30 of LODR, according to which the listed firms must noti fy stock exchanges after the occurrence of any events or facts that are material. Identify which among the following occurrences are included? 1. Any modification to securities 2. Revision to ratings 3. Initiation of CSR activities 4. Change in director 5. Fraud or default by promoters or key managerial people
A. Both 2 & 3
B. 1, 3, 4 and 5
C. Both 1 & 5
D. 3, 4 and 5
E. 1,2,4 and 5
Correct Answer: E
Q65. General Awareness
As per data from the Ministry of Statistics and Programme Implementation published under “Twenty Point Programme”, of the 14 parameters tracked quarterly, the Indian Government achieved a more than ____ target completion ("very good") in six parameters .
A. 80%
B. 90%
C. 75%
D. 60%
E. 40%
Correct Answer: B
Q66. General Awareness
Household financial savings refer to currency, bank deposits, debt securities, mutual funds, pension funds, insurance, and investments in small savings schemes. The total of these savings is referred to as gross household financial savings. Once finan cial liabilities, including loans from banks, non -banking financial companies (NBFCs), and housing finance companies, are subtracted from gross savings, what remains is referred to as net household financial savings. As per the RBI Annual Report 2022 -23, w hich one of the following Financial Saving of the Household Sector has the highest share in 2021 -22?
A. Deposits
B. Currency
C. Shares and Debentures
D. Insurance Funds
E. Provident and Pension Funds
Correct Answer: A
Q67. General Awareness
TRAI in its endeavor to curb menace of spams through Unsolicited Commercial Communication (UCC) has taken various measures in the recent past. In recent news, (June 2023), TRAI has now issued a Direction to all the Access Providers to develop and deploy the DCA facility for creating a unified platform and process to register customers consent digitally across all service providers and Principal Entities. What does “DCA” stand for?
A. Digital Consent Acquisition
B. Data Consent Acquisition
C. Digital Content Acquisition
D. Data Content Acquisition
E. Digital Communication Acquisition
Correct Answer: A
Q68. General Awareness
Taking forward digitization efforts declared in the Union Budget 2022 -23, the Reserve Bank introduced its Central Bank Digital Currency (CBDC) in phases during the year, with the launch of pilots for Digital Rupee (e`) in ____________.
A. Wholesale segments only on December 1, 2022
B. Retail segments only November 1, 2022.
C. Wholesale and retail segments on December 1, 2022, and November 1, 2022 respectively.
D. Wholesale and retail segments on January 1, 2022, and December 1, 2022 respectively.
E. Wholesale and retail segments on November 1, 2022, and December 1, 2022 respectively.
Correct Answer: E
Q69. General Awareness
As per the recent advance estimates of production of major crops for agricultural year 2022 -23 published by the Ministry of Agriculture and Farmers Welfare, the production of which one of the following crops did not increase from the previous year?
A. Jawar
B. Rice
C. Wheat
D. Bajra
E. Maize
Correct Answer: A
Q70. General Awareness
Identify which among the following Scheduled Commercial Banks have recorded the highest number of new branch additions in the financial year ended on 31st March 2023?
A. Yes Bank
B. Axis Bank
C. Bank of Baroda
D. HDFC Bank
E. ICICI Bank
Correct Answer: D
Q71. General Awareness
Under SEBI (Mutual Funds) Regulations, 1996, Mutual Funds are permitted to charge certain operating expenses for managing a mutual fund scheme. All such costs for running and managing a mutual fund scheme are collectively referred to as ‘Total Expense Ratio’ (TER). TER is calculated as a percentage of the Scheme’s average _________.
A. Net Asset Value (NAV)
B. Absolute Returns
C. Simple Annualised Return
D. Total Investments
E. Redemption Amount
Correct Answer: A
Q72. General Awareness
Which of these metals was not used to make the commemorative '75 Rupee Coin' which was introduced during the inauguration of the new Parliament?
A. Silver
B. Copper
C. Nickel
D. Gold
E. Zinc
Correct Answer: D
Q73. General Awareness
As per IRDAI, which among the following is a criteria used to identify the Domestic - Systemically Important Insurers?
A. Number of Branches
B. Market Share
C. Domestic and global interconnectedness
D. All of the above
E. None of the above
Correct Answer: E
Q74. General Awareness
In recent news, the Prime Minister of India attended the 3rd Summit of the Forum for India - Pacific Islands Cooperation (FIPIC) held at which of the following locations?
A. Fiji
B. Papua New Guinea
C. Samoa
D. Solomon Islands
E. Niue
Correct Answer: B
Q75. General Awareness
In recent news, Indian security forces have been trained in _________ “Krav Maga” to counter China's People Liberation Army (PLA) during patrolling along the Line of Actual Control (LAC).
A. Russia
B. Caribbean Island
C. Israel
D. France
E. USA
Correct Answer: C
Q76. General Awareness
The Centre has revised the threshold for GST e -invoicing, and has declared that it will be mandatory for all businesses with annual turnover of over _____to move to e - invoicing for business to business transactions under goods and services tax (GST) from _____.
A. Rs 2 crore, Rs 10 Crore
B. Rs 3.5 crore, Rs 10 Crore
C. Rs 5 crore, Rs 10 Crore
D. Rs 10 crore, Rs 20 Crore
E. Rs 15 crore, Rs 20 Crore
Correct Answer: C
Q77. General Awareness
As per the Union Budget 2023 -24, the highest surcharge rate in personal income tax has been reduced from 37% to _____ in the new tax regime for income above ₹2 crore.
A. 15%
B. 36%
C. 17%
D. 25%
E. 30%
Correct Answer: D
Q78. General Awareness
Which of these players has courted controversy when he wrote “Kosovo is the heart of Serbia”, depicting the ethnic tensions flared in the Balkan nation?
A. Casper Ruud
B. Carlos Alcaraz
C. Novak Djokovic
D. Rafael Nadal
E. Andrey Rublev
Correct Answer: C
Q79. General Awareness
The Government of India through Indian Strategic Petroleum Reserve Ltd. (ISPRL) under Phase –1 has set up Strategic Petroleum Reserves (SPR) at three locations namely Visakhapatnam, Mangalore and ________.
A. Varanasi
B. Padur
C. Raipur
D. Kolkata
E. Ranchi
Correct Answer: B
Q80. General Awareness
Which one of the following statements is/are correct regarding the PM KUSUM Scheme? 1. It seeks to increase the farmers’ income 2. The scheme comprises 3 - components. 3. It works towards decreasing environmental pollution.
A. Only 1
B. Both 2 & 3
C. Only 3
D. Both 1 & 2
E. All 1, 2 and 3
Correct Answer: E
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