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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.

A)
Axis Bank
B)
HDFC Bank
C)
ICICI Bank
D)
Union Bank of India

Correct Answer :   Axis Bank


Citigroup has announced that "Axis Bank" will be acquiring Citibank’s India consumer business for an amount of USD 1.6 billion (Rs 12,325 crores) in an all-cash deal. This transaction will be including Citibank India’s consumer banking businesses, which include retail banking, credit cards, consumer loans, and wealth management.
 
* This transaction will also be including the sale of Citibank’s non-banking financial company consumer business, Citicorp Finance (India) Limited, which comprises a financing business that is asset-backed and also includes construction equipment and commercial vehicle loans, and a portfolio of personal loans.
 
* It is an exchange of assets or a single asset for cash and no other monetary means, such as exchange of stocks or financing are used. The most common way of settling all-cash deal are wire transfers or check and the physical form of cash is generally avoided.

Published On : April 2, 2022
A)
1st April
B)
2nd April
C)
3rd April
D)
4th April

Correct Answer :   2nd April


Ugadi, also known as Yugadi, is a renowned South Indian festival mainly celebrated in Andhra Pradesh, Karnataka and Telangana to commemorate the beginning of a new year. The festival of Ugadi is celebrated on the first day of Chaitra month as per the Hindu calendar. This year, Ugadi falls on 2nd April 2022(Saturday). Likewise, on the same day, Gudi Padwa, the traditional New year of Maharashtra is enjoyed by the Marathi and Konkani Hindus.
 
On this glorious occasion, people traditionally decorate their house with mango leaves, garlands of flowers, prepare tasty foods, make vibrant rangoli and decorate them with floral designs in front of the door. Besides, they take a special oil bath to show their devotion to the gods and also wear new clothes.
 
HISTORY AND SIGNIFICANCE : The Ugadi term originated from Sanskrit, where the word ‘yuga’ means time and the word ‘adi’ denotes beginning. This means ‘the beginning of a new age’. It has been remarked as one of the prominent and historic Hindu festivals with some ancient texts and inscriptions recording important charitable donations to Hindu temples and community centres on this day.
 
According to the legends, this festival is named after Lord Brahma, said to be the creator of this universe on the day of Ugadi. Hence, this day also indicates the beginning of Satyajug. Not only that, but it also marks the beginning of Chaitra Navratri which leads up to Ram Navami, Lord Rama’s birthday.
 
Ugadi symbolises the beginning of spring and the arrival of mild summers. On the day of Ugadi, after offering prayer there is a ritual of consuming neem leaves. In some places, devotees even make a paste of neem leaves mixed with coriander seeds, tamarind and jaggery. It is believed that consuming the neem leaves will purify our blood and will also increase our immunity to fight diseases. Additionally, green chilli/pepper is eaten to control our anger..

Source : News18

Published On : April 2, 2022
A)
Karnataka
B)
Maharashtra
C)
Uttar Pradesh
D)
Tamil Nadu

Correct Answer :   Karnataka


The Union Minister of Youth Affairs and Sports "Shri Anurag Singh Thakur" and Governor of Karnataka, Shri TC Gehlot launched the logo, jersey, mascot and anthem of the Khelo India University Games 2021 (KIUG 2021) on April 01, 2022, at the Sree Kanteerava Stadium in Bengaluru. The KIUG 2021 will be held in Karnataka between April 24 and May 3, 2022. This will be the second edition of KIUG.

Published On : April 2, 2022
A)
Nike
B)
Adidas
C)
Puma
D)
Reebok

Correct Answer :   Adidas


Sportswear giant Adidas on Friday(1st April 2022) unveiled Al Rihla -- the official match ball for the 2022 FIFA World Cup in Qatar.
 
It is the 14th successive ball that Adidas has created for the FIFA World Cup, designed to support the game at high speed as it travels faster in flight than any other World Cup ball.
 
Al Rihla translates as "the journey" in Arabic and has been inspired by the architecture, iconic boats, and the flag of Qatar. The ball was designed with the environment at its heart and is the first World Cup ball made using only water-based inks and glues.
 
"Designed after rigorous testing in Adidas labs, wind tunnels, and on-pitch, Al Rihla provides the highest level of accuracy and reliability on the field of play, due in part to its new panel shape and surface textures.
 
"An innovative core within the ball is tuned to improve accuracy and consistency, supporting fast, precise play with maximum shape and air retention. "The ball's polyurethane (PU) skin featuring micro and macro textures and a new 20-piece panel shape enhances aerodynamics to improve the accuracy, flight stability and swerve of shots," said the company in a statement.
 
Al Rihla is the first World Cup ball in the 92-year history of the tournament which will directly contribute to raising funds to positively impact lives across the world, with 1 per cent of Al Rihla's net sales going to the Common Goal movement, the release said..

Source : CNBC TV18

Published On : April 1, 2022
A)
53
B)
59
C)
67
D)
72

Correct Answer :   72


Rajya Sabha will bid farewell to 72 members this year between March and July. While 65 of them represent 19 states, seven were nominated members. Prime Minister Narendra Modi hailed their contribution and MPs fondly reminisced on their experiences during their farewell ceremony. 

Published On : April 1, 2022
A)
Manipur
B)
Nagaland
C)
Arunachal Pradesh
D)
Himachal Pradesh

Correct Answer :   Arunachal Pradesh


The Armed Forces Special Powers (AFSPA) Act has been extended in three districts of Arunachal Pradesh including Longding, Tirap, and Changlang from April 1 to September 30, 2022. In addition to this, the Central Government has also extended AFSPA in the areas falling within the jurisdiction of Namsai and Mahadevpur Police Stations in Arunachal Pradesh.

Published On : April 1, 2022
A)
Rs. 60,000 Crore
B)
Rs. 70,000 Crore
C)
Rs. 85,000 Crore
D)
Rs. 1,00,000 Crore

Correct Answer :   Rs. 60,000 Crore


As per the government data, Rs. 40,009 crore grant was released to States/ UTs under Jal Jeevan Mission in the financial year 2021-22. The total allocation under the scheme in FY2021-22 was Rs 50,000 crore. Further, the Cenral Government has enhanced the budget under Jal Jeevan Mission for financial year 2022-23 to Rs. 60,000 Crore.

Published On : April 1, 2022
A)
ICICI Lombard
B)
Life Insurance Corporation
C)
The Oriental Insurance Company
D)
HDFC ERGO General Insurance Company

Correct Answer :   HDFC ERGO General Insurance Company


HDFC ERGO General Insurance Company, a leading private general insurer and a digital-first company leads the way in customer loyalty with the launch of the VAULT program, an industry-first digital customer engagement and rewards program.
 
HDFC ERGO is committed towards enhancing customer experience and making them feel valued. Staying true to this commitment, the Company has taken advantage of the Regulatory Sandbox by IRDAI, in the form of VAULT, an experiment to test a new idea.
 
Under this program, the insurer will incentivize its Optima Restore health insurance customers by way of reward points for performing certain activities like staying insured under the policy for more than two years, holding two active HDFC ERGO retail policies, interacting digitally, using the cashless network of healthcare providers, etc.
 
These reward points, equivalent to cash, can be redeemed against a wide range of wellness offers like pharmacy vouchers, doctor consultations, etc; or can be used for social causes or buying insurance products.
 
Speaking about the launch of (https://www.hdfcergo.com/vault) VAULT, Ravi Vishwanath, President - Accident & Health Business, HDFC ERGO General Insurance said, "Innovation is the key to all that we do at HDFC ERGO. The Regulatory Sandbox gives us the impetus we need to innovate and introduce new and unique offerings for our customers. We believe that with VAULT, the relationship with our policyholders will go beyond the traditional transactional mode and help us provide more value to them. While it will pave the way to deeper engagement, it will facilitate reaching out to many new such customers who are keen to associate with an insurer who nurtures and values its customers' loyalty."..
 

Published On : April 1, 2022
A)
UCO Bank
B)
Central Bank of India
C)
Union Bank of India
D)
Punjab National Bank

Correct Answer :   Central Bank of India


Central Bank of India partnered with ID to implement digital Know Your Customer (KYC), video KYC and eKYC for its network across India. The aim of the partnership is to bring seamless onboarding and provide efficient digital facilities to the customers across India.
 
ID is India’s fastest and first-ever AI-based fully compliant Video KYC solution and a flagship product by Think360.ai. It has the target to digitize 10 million customers’ onboarding annually and streamline its end-to-end processes. Central Bank of India had an eight-month-long gruelling evaluation process on technology and product experience followed by a reverse auction commercial round for this selection..

Published On : April 1, 2022
A)
May 31, 2022
B)
August 31, 2022
C)
December 31, 2022
D)
March 31, 2023

Correct Answer :   March 31, 2023


Banks were directed to implement the lockable cassette swap in a phased manner, such that at least one-third ATMs operated by them is covered every year, while all ATMs achieve cassette swap by March 31, 2021. However, this deadline was later extended to March 31, 2022. Further, upon receiving representations from various banks for facing difficulties in meeting the timeline, RBI  has further extended the timeline for implementation of cassette swap in all ATMs by a year till March 31, 2023.

Published On : April 1, 2022