State Bank of India (SBI) celebrates________Foundation Day 1st July 2022.

Today General Knowledge(GK)

67th

68th

69th

70th

Correct Answer : Option (A) - 67th

The oldest commercial bank in the country, State Bank of India, is celebrating its 67th year on 1st July. SBI descends from the Bank of Calcutta founded in 1806 through the Imperial Bank of India. The Bank of Madras merged into the other two presidency banks, the bank of Calcutta and the bank of Bombay to form the Imperial Bank of India which in turn became the SBI in 1955.

History of SBI :

* In the 19th century, three presidency banks were incorporated. The three presidency banks were the Bank of Madras (established on 2nd June 1806), the Bank of Bombay (incorporated on 15 April 1840), and the Bank of Madras (incorporated on 1 July 1843).

* These three presidency banks were joint-stock companies. These presidency banks were consolidated on 27 January 1921 and the new entity was named Imperial Bank of India. Even after the consolidation, it remained as the joint-stock company but without government participation.

* RBI in 1955 acquired a controlling interest in the Imperial Bank of India. On 1st July 1955, the imperial bank of India became the State Bank of India. To avoid any conflict of interest since RBI is the country’s banking regulatory authority, the government of India in 2008 then acquired the Reserve Bank of India’s stake in SBI.

Published On : July 2, 2022

Category : Banking

Recent General Knowledge Questions

Q .

India to Host 2025 BWF World Junior Badminton Championships in___________.

Shillong

Guwahati

Bengaluru

Kolkata

Correct Answer : Guwahati

The Badminton World Federation (BWF) has announced that India will host the prestigious 2025 BWF World Junior Championships at the National Centre of Excellence in Guwahati. This marks a significant milestone as India will be hosting this premier badminton event for the first time since 2008, when it was held in Pune.

BWF World Junior Championships Return to India

After a gap of 17 years, the BWF World Junior Championships will once again take place in India. The exact dates for the 2025 edition will be announced later, but the excitement is already building among badminton enthusiasts and players alike.

This prestigious tournament provides a platform for young badminton talents from around the world to showcase their skills and compete at the highest level. Hosting the event in India is a testament to the country’s growing prominence in the sport and its commitment to nurturing the next generation of badminton stars.

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In another significant development, the 2026 edition of the BWF Thomas and Uber Cup Finals will be held in Horsens, Denmark. These prestigious team championships, featuring the world’s best men’s and women’s badminton teams, will be hosted by Denmark for the second time, following the successful 2021 edition held in Aarhus.

Published On : May 3, 2024

Category : Sports

Q .

Who was recently awarded the title of Grandmaster by the International Chess Federation?

Nihal Sarin

Koneru Humpy

Rameshbabu Praggnanandhaa

Vaishali Ramesh Babu

Correct Answer : Vaishali Ramesh Babu

Indian Chess Prodigy, Vaishali Ramesh Babu who has been awarded the title of Grandmaster by FIDE, the International Chess Federation said India is booming as far as the Chess landscape is concerned.

She also expressed confidence that India will perform well at the upcoming World Championship. Talking exclusively to Akashvani News, she lauded the contribution of Chess legend, Viswanathan Anand in taking Indian Chess to new heights.

While sharing her journey, Vaishali, said that it was due to her father’s decision to keep her away from television that she got enrolled into a Chess academy. She added that her parents have been her big support system.

Vaishali is the third Indian female Grandmaster, joining Koneru Humpy and Harika Dronavalli. Vaishali completed the requisite 2500 ELO points at the Llobregat Open tournament in Spain, last year. However, the title was officially given to her only recently following the FIDE Council meeting during the Candidates Tournament in Toronto last month..

Source : AIR

Published On : May 2, 2024

Category : Sports

Q .

India test fired smart anti-submarine missile developed by whom?

HAL

ISRO

DRDO

None of these

Correct Answer : DRDO

India has successfully test fired Supersonic Missile Assisted Release of Torpedo (SMART) anti-submarine missile system off the Balasore coast of Odisha.

SMART is a next generation missile-based light weight torpedo delivery system. It has been designed and developed by the Defence Research and Development Organisation (DRDO).

Published On : May 2, 2024

Category : Defence