General Knowledge(GK) (or) General Awareness

Welcome to the General Knowledge Section of Free Time Learning. As we are aware General Knowledge (GK) is a very important area in all the competitive exams held in the country. Nowadays, a good knowledge of general awareness is very important in clearing any competitive and government recruitment examinations.

These General Knowledge Question are very important and usefull to UPSC, IAS/PCS, UPPSC, IBPS, SBI, RBI, SSC, CGL, Railway, APPSC, TSPSC, KPSC, TNPSC, TPSC, UPPSC, MPSC, RPSC, BPSC, MPPSC, UKPSC, MPSC, and other competitive exams.

1 .

Who is the highest salary paid bank CEO in India in FY22?

Sashidhar Jagdishan

Chandra Shekhar Ghosh

Sandeep Bakhshi

Amitabh Chaudhry

Correct Answer : Amitabh Chaudhry

Axis Bank managing director and chief executive officer (MD & CEO) "Amitabh Chaudhry" was the highest-paid private bank chief in India in the previous financial year, drawing a total of Rs 7.62 crore in annual salary, as per the bank’s FY22 annual report.

Chaudhry was also separately granted a total of 412,938 stock options of Axis Bank during FY22, on the basis of approval received from the Reserve Bank of India (RBI), the Axis Bank annual report said. The stock options were granted at Rs 726.25 per share.

“The vesting schedule for the said stock options is 30 percent options after expiry of one year, 30 percent options after expiry of two years and balance 40 percent options after expiry of three years from the date of grant.

Chaudhry was followed by IndusInd Bank chief Sumant Kathpalia, who made over Rs 7.31 crore in annual salary in FY22. Kathpalia was followed by ICICI Bank MD Sandeep Bakhshi, who earned Rs 7.05 crore in annual salary last fiscal, as per the bank’s annual report.

HDFC Bank MD & CEO Sashidhar Jagdishan pulled in Rs 6.51 crore during the previous fiscal, while Bandhan Bank MD C.S. Ghosh drew Rs 4.35 in annual salary in FY22. HDFC Bank executive director Kaizad Bharucha, meanwhile, earned more than the lender’s MD during the previous fiscal, drawing a total of Rs 10.64 crore, including performance bonuses.

Source : Money Control

Published On : August 18, 2022

2 .

Which Bank has signed an MoU with Food Corporation of India (FCI) to provide "Ultima Salary Package" with exclusive benefits & features to all its employees?

HDFC Bank

YES Bank

Axis Bank

ICICI Bank

Correct Answer : Axis Bank

Axis Bank, India’s third largest private sector bank, has signed an MoU with Food Corporation of India (FCI) to provide “Ultima Salary Package”, a best-in-class salary account with exclusive benefits & features to all its employees. With this MoU, the Bank has reinstated its commitment to offering holistic banking services to the employees of the Public Sector Undertakings (PSU) sector.

A signing ceremony was held at FCI Headquarters, New Delhi where FCI was represented by Shri G. N Raju, GM HQ and Axis Bank was represented by Shri Anil Agarwal, President, Financial Institutions Group & Lt Col M.K Sharma, National Accounts Head.

Through this exclusive Ultima Salary package, the Bank will offer numerous benefits such as :

* Personal Accidental cover of up to Rs.20 lakhs

* Additional Education Grantupto Rs. 8 lakhs

* Total Permanent Disability Cover benefit up to Rs. 20 lakhs

* Permanent Partial disability cover of up to Rs.20 lakhs

* Air Accident cover of Rs. 1 Crore

* Free additional debit card for a family member

* 12 EMI waiver on Home loan

* 3 zero balance accounts for family member

Universal account number wherein all Axis Bank branches will function as a “Home branch”

This MoU is a reflection of Axis Bank’s constant endeavour to address the banking requirements of different customer segments, helping them meet their financial aspirations & milestones..

Source : Pragativadi

Published On : August 18, 2022

3 .

State Bank of India has launched its first dedicated branch for Startups in which city?

Mumbai

Bengaluru

Delhi

Hyderabad

Correct Answer : Bengaluru

State Bank of India (SBI) has launched its first branch dedicated to start-ups in Koramangala, Bengaluru, the country’s largest lender said on Tuesday(16th August 2022).

Apart from providing funding and regular banking service to start-ups, SBI will also support such players through associated services such as investment banking, treasury operations, advisory and other ancillary financial services through its subsidiaries.

The branch will provide services ranging from the stage of formation of start-ups to Initial Public Offerings and Follow-on Public Offerings, SBI said..

Source : Business Standard

Published On : August 18, 2022

4 .

Which company collaborate to deploy smart PoS devices across India with Samsung stores?

PhonePe

Google Pay

Amazon Pay

Paytm

Correct Answer : Paytm

Digital financial services firm Paytm on Tuesday(16th Aug 2022) said it partnered with Samsung stores across India to facilitate smart payments as well as its loan service Paytm Postpaid through deployment of point of sale devices.

The partnership will enable consumers purchasing Samsung devices -- laptops, smartphones, television, smart watches etc -- from any authorised store in the country to pay through Paytm payment instruments, including UPI, wallet, buy now pay later scheme, debit cards and credit cards.

"We continue to drive innovation in the offline payments market and with our PoS (Point of Sale) devices, merchants are able to drive higher customer loyalty. The partnership with Samsung stores will enable us to further extend the convenience of smart payments to a larger customer base," said Bhavesh Gupta, Paytm CEO - Lending and Head Payments.

Paytm through its postpaid or buy-now-pay-later service will provide credit limit of up to Rs 60,000 per month. It will also give customers an option to avail personal loan of up to Rs 2 lakh through financial institution partners of Paytm, according to the company statement.

Paytm claims to be the leader in offline payments, having deployed 4.1 million devices across the country as of July 2022.

Source : Business Standard

Published On : August 17, 2022

5 .

Which term deposit scheme has been launched by Karnataka Bank in August 2022?

KBL Amrit Samriddhi

Krishik Sinchana Scheme

KBL Instant Agri Credit

KBL Agro Processing Scheme

Correct Answer : KBL Amrit Samriddhi

In commensurating with the Nation celebrating its 75 years of Independence as Azadi Ka Amrit Mahotsav, Karnataka Bank has introduced a new Term Deposit Scheme, "KBL Amrit Samriddhi" under ACC and Fixed Deposit for a tenure of 75 weeks (525 days). The interest rate for this Deposit Scheme is 6.10% per annum.

While wishing on the occasion, Shri Mahabaleshwara M S, MD & CEO of the Bank said, “India is celebrating the glorious history of its people, culture and achievements in a jubilant way.

Karnataka Bank, portraying the rich patriotic tradition and values, has always been ready to meet the aspirations and dreams of its valued patrons. With the new product, KBL Amrit Samriddhi, Bank extends the benefit of increase in the interest rates to our customers. I request each one of you to make use of this opportunity, which will be available for a limited time.”.

Source : Karnataka Bank

Published On : August 17, 2022

6 .

Which Bank partners with "SellerApp" to facilitate adoption of ONDC?

Axis Bank

Yes Bank

ICICI Bank

HDFC Bank

Correct Answer : Yes Bank

* Yes Bank has announced Saturday(13th August 2022) its partnership with SellerApp (a seller-centric intelligence platform) to adopt Open Network Digital Commerce (ONDC).

* This partnership will help them to expand their digital commerce footprint.

* ONDC is a strategic initiative of the Indian government with an aim to democratize the entire digital commerce space.

* The network is also being built as an alternative to e-tailers like Walmart-owned Flipkart and Amazon in the Indian ecommerce market..

Source : Economic Times

Published On : August 17, 2022

7 .

Wholesale Price Inflation (WPI) has been declined from 15.18% last month to what percentage in July 2022?

10.93%

11.93%

12.93%

13.93%

Correct Answer : 13.93%

India’s wholesale inflation in July 2022 eased sequentially to 13.93 per cent as vegetables, milk and fuel became cheaper, but remained in double digits for the 16th month.

Wholesale Price Index-based (WPI) inflation was 15.18 per cent last month and at a record high of 16.63 per cent in May. It was 11.57 per cent in July 2021.

WPI inflation rate for May 2022 was revised to a record high of 16.63 per cent year-on-year, from 15.88 per cent estimated earlier. “Inflation in July, 2022 is primarily contributed by rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, electricity, chemicals & chemical products, food products etc. as compared to the corresponding month of the previous year,” said a government statement..

Source : Business Standard

Published On : August 17, 2022

8 .

Kotak Mahindra Bank has launched a lifestyle-focused salary account named on?

Kotak Pay

Kotak Sweet

Kotak Salary

Kotak Creme

Correct Answer : Kotak Creme

Kotak Mahindra Bank Limited on Wednesday(10th Aug 2022) announced the launch of Kotak Crème, a lifestyle-focused corporate salary account, offering an upgraded banking experience to new-age professionals working with eminent corporates.

With Kotak Bank’s flagship premium banking programme, Privy League at the core of its design, Kotak Crème account will come with a host of privileges and rewards across lifestyle, travel, healthcare, dining, skilling and learning experiences.

The account will offer premium rewards and banking experiences to each employee of the partner corporate that includes MNCs, consulting firms, law firms, non retail FIs and unicorn companies.

Kotak Crème is being launched in Bengaluru owing to the city’s diverse hotbed of talent and corporates. Each salary account comes with preferential banking services, including a complimentary Zen Credit Card. The account holder can avail of complimentary airport lounge access and also gift Privy League privileges to their family members. Kotak Crème also offers subscription to top lifestyle brands offering Health & Wellness, Lifestyle, Entertainment, Knowledge/Learning & Fitness experiences..

Source : Mint

Published On : August 17, 2022

9 .

Which Bank launches "Utsav fixed deposit scheme"?

Indian Bank

Canara Bank

State Bank of India

Union Bank of India

Correct Answer : State Bank of India

The State Bank of India (SBI) has introduced a unique term deposit programme called "Utsav Deposit."

This fixed deposit scheme has higher interest rates and is only available for a limited time.

Under the Utsav Fixed Deposit Scheme, SBI is offering an interest rate of 6.10% per annum on fixed deposits with a tenure of 1000 days.

And senior citizens will be eligible to get an additional interest rate of 0.50% over and above the regular rate..

Source : Mint

Published On : August 17, 2022

10 .

Who won 2022 Indian Film Festival of Melbourne best actor award?

Shahid Kapoor

Akshay Kumar

Salman Khan

Ranveer Singh

Correct Answer : Ranveer Singh

Ranveer Singh has won the Indian Film Festival of Melbourne 2022 best actor award for his movie 83.

The Indian Film Festival of Melbourne is underway currently. The event, held annually in Australia, celebrates the India film industry by screening some of the most prominent and acclaimed films, TV shows, and web series from the country. One of the highlights of the festival is the awards night, where select awards are given to the best performers from Indian cinema and OTT scene from the previous year. This year’s awards night recognised some of the biggest names from the field in a glittering ceremony held in Melbourne on Sunday(14th Aug 2022).

The 13th edition of the IFFM began on Friday, 12th August 2022 and will conclude on 30th August 2022. The in-person event ends on 20th August 2022, beyond which the festival continues virtually for another ten days. On Sunday, 14th August 2022, the festival’s awards night was held at the Palais Theatre.

Hosted by Rithvik Dhanjiani, the event saw big wins for Kabir Khan’s sports drama 83 and its star Ranveer Singh, as well as the Prime Video web series Mumbai Diaries 26 and the film Jalsa. The two films that had the most nominations--Jai Bhim and Gangubai Kathiawadi--failed to win a single award.

Check out the full list of winners from the Indian Film Festival of Melbourne 2022 awards:

Best Film : 83

Best Director : Shoojit Sircar (Sardar Udham) and Aparna Sen (The Rapist).

Best Series : Mumbai Diaries 26/11

Best Actor in a Series : Mohit Raina (Mumbai Diaries 26/11)

Best Actress in a Series : Sakshi Tanwar (Mai)

Lifetime Achievement Award : Kapil Dev

Source : Hindustan Times

Published On : August 16, 2022