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 .

Indian government has approved an increase in the family pension of bank employees to what percent of the last salary drawn?

30%

40%

50%

60%

Correct Answer : 30%

Central Government has approved the Indian Banks’ Association’s (IBA) proposal to increase the family pension to 30% of the last salary drawn. The immediate benefit of this approval will be an increase of 30,000 to 35,000 in the family pension of public sector bank employees from a maximum of 9,284 per month, depending on the last drawn salary of the deceased bank employee.

Published On : August 27, 2021

2 .

Who is the author of the book ‘Accelerating India: 7 Years of Modi Government’?

M. K. Stalin

K. K. Shailaja

K J Alphons

Pinarayi Vijayan

Correct Answer : K J Alphons

Prime Minister, Shri Narendra Modi received a book titled ‘Accelerating India: 7 Years of Modi Government’, on August 26, 2021, by former Union Minister, Shri K J Alphons.

Published On : August 27, 2021

3 .

Which entity gave approval to Bajaj Finserv to perform mutual fund business?

RBI

AMFI

IRDAI

SEBI

Correct Answer : SEBI

Bajaj Finserv has said that market regulator SEBI has approved it to sponsor mutual funds. After this approval, it can now form an asset management company. Bajaj Finserv in its information to the stock exchanges has said that it has received in-principle approval from the capital market regulator to become a mutual fund sponsor through a letter dated August 23, 2021.

Bajaj Finserv said, “In this way the company will form an asset management company…”.

The company’s share price on NSE rose to Rs 16,460.00 with a jump of Rs 1,188.10 or 7.78 percent.

The company’s stock has performed well in the last three months. The share price of the company registered a jump of 42 percent during this period. At the same time, the Sensex has gained 10 percent in this period.

With this boom, the company’s market cap has now reached Rs 2.5 lakh crore. Bajaj Finserv has stakes in Bajaj Allianz Life, Bajaj Allianz General Insurance, Bajaj Finance and Bajaj Financial Solutions.

Published On : August 26, 2021

4 .

RBI’s expert committee on Urban Cooperative Banks (UCBs) suggested minimum capital to risk-weighted asset ratio (CRAR) for Tier 1 UCBs to vary from 9% to ___%?

12%

13%

14%

15%

Correct Answer : 15%

The expert committee also suggested different capital adequacy and regulatory norms for UCBs. It has been suggested that the minimum Capital to Risk-weighted Asset Ratio (CRAR) for Tier 1 UCBs will vary from 9% to 15%.

Published On : August 26, 2021

5 .

RBI’s expert committee on Urban Cooperative Banks (UCBs) suggested recommendation of ____-tier structure for UCBs in order to ease the regulatory process?

Correct Answer : 4

The Reserve Bank of India released the recommendations suggested by its expert committee on Urban Cooperative Banks (UCBs).

The committee was headed by former Deputy Governor of RBI, N S Vishwanathan.

The committee was asked to suggest measures to have faster rehabilitation of UCBs and to review various regulatory norms through amendments to the Banking Regulation Act 1949 in respect to UCBs.

The committee suggested the 4-tier structure for UCBs in order to ease the regulatory process. The structure is divided on the basis of UCB’s capital availability and other factors.

The 4 Tier structure is mentioned below :

Tier 1: UCBs with deposits upto Rs 100 crore

Tier 2: UCBs with deposits between Rs 100 crore- Rs 1000 crore

Tier 3: UCBs with deposits between Rs 1000 crore- Rs 10,000 crore

Tier 4: UCBs with deposits more than Rs 10,000 crore

Published On : August 26, 2021

6 .

Who is the author of a book titled ‘Mission Domination: An Unfinished Quest’?

Boria Majumdar

Kushan Sarkar

Vishram Bedekar

Both (A) and (B)

Correct Answer : Both (A) and (B)

A new book titled “Mission Domination: An Unfinished Quest” authored by Boria Majumdar & Kushan Sarkar. The Book Published by Simon & Schuster Publisher India Private Limited. The Book talks about the short story of several Indian cricketers life events such as Rishabh Pant, Rohit Sharma, Shubman Gill, R. Ashwin, Cheteshwar Pujara.

Published On : August 25, 2021

7 .

Which state launched the Talent Search Campaign in the area of Sports?

Madhya Pradesh

Maharashtra

Karnataka

Uttar Pradesh

Correct Answer : Madhya Pradesh

The Government of Madhya Pradesh launched a comprehensive Talent Search Campaign in the area of Sports.

The aim of the campaign is to search for new talent in sports from the state. The state government also aims to give training to these new talents in a total of 18 sports academies of the state.

Therefore the CM of state, Shivraj Singh Chouhan has made an appeal to the youth having an interest in sports to register for the Talent Search Campaign.

The registered youth will be shortlisted as per their physical strength and proficiency in sports and will be trained in the state’s sports academies equipped with world-class sports facilities.

Published On : August 25, 2021

8 .

World Sanskrit Day is observed annually on the occasion of which Indian festival?

Onam

Raksha Bandhan

Ganesh Chaturthi

Independence Day

Correct Answer : Raksha Bandhan

The World Sanskrit Day, (also known as Sanskrit Diwas), is celebrated every year on Shraavanapoornima, that is the Poornima day of the Shraavana month in the Hindu calendar, which is also marked as Raksha Bandhan. In 2021, this day is being observed on August 22, 2021.

Published On : August 24, 2021

9 .

Onam is the most revered and celebrated festival of ______.

Bihar

Telangana

Karnataka

Kerala

Correct Answer : Kerala

Onam, the most revered and celebrated festival of Kerala, is celebrated every year by the Malayali community across the world. The 10-day long festival marks the beginning of harvest season as well as the appearance of the Vaman avatar of Lord Vishnu along with the homecoming of King Mahabali. The festival begins from Atham (Hasta) nakshatram, and ends on Thiruvonam (Shravana) nakshatram.

Published On : August 24, 2021

10 .

Who recently launched new peer-to-peer lending feature?

DRDO

CRED

TRIFED

NITI Aayog

Correct Answer : CRED

Fintech platform CRED recently announced the launch of a new peer-to-peer lending feature called CRED Mint. In P2P lending, users sitting on idle money provide loans to potential borrowers identified by the service provider. These lenders then receive payments from the borrowers on a set basis — either one time, or in equated monthly instalments.

Published On : August 23, 2021