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CA > June 1 2023 > Flashcards

June 1 2023 Flashcards

1
Q

The Parliament House in New Delhi, also known as __ , serves as the official venue for the Parliament of India.

A

Sansad Bhavan

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2
Q

Significance of June 1

A
  1. The Global Day of Parents
  2. World Milk Day
    Theme: “Showcasing how dairy is reducing its environmental footprint, while also providing nutritious foods and livelihoods.”
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3
Q

FAO
1. Expand FAO
2. Founded on
3. Headquarters
4. Director General

A
  1. Food and Agriculture Organization
  2. 16 Oct 1945
  3. Rome Italy
  4. Qu Dongyu
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4
Q

The foreign ministers of Brazil, Russia, India, China, and South Africa (BRICS) have gathered in ___ for a two-day meeting to discuss various issues, including local currency trading and a peace plan for the ongoing conflict between Russia and Ukraine.

A

Cape Town

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5
Q

BRICS
1. BRICS was initially known as
2. Formed in
3. ___ joined the group in ___, expanding it to BRICS.
4. BRICS holds ___ summits where leaders from member countries meet to discuss issues of mutual interest, strengthen ties, and promote collaboration.
5. In ___, BRICS established the ___ Bank, formerly known as the BRICS Development Bank.
6. This bank aims to mobilize resources for infrastructure and sustainable development projects in ___ countries and other emerging economies.
7. The CRA is a ___ arrangement established by BRICS countries in ___.
8. Expand CRA

A
  1. BRIC
  2. 2001
  3. South Africa, 2010
  4. annual
  5. 2014, New Development Bank
  6. BRICS
  7. financial, 2014
  8. Contingent Reserve Arrangement
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6
Q
  1. The India-EU Connectivity Conference, organized jointly by the Ministry of External Affairs (MEA), EU Delegation to India, and the Asian Confluence, is set to take place in __ from June 1 to June 2.
  2. The India-EU Connectivity Conference will concentrate on three essential pillars of connectivity:
  3. The conference aims to explore opportunities for enhancing ___ in India’s North Eastern States and its neighboring countries, including Nepal, Bhutan, and Bangladesh.
  4. The event is a significant outcome of the India-EU Connectivity partnership launched during the India-EU Leaders’ Meeting in ___.
A
  1. Meghalaya
  2. digital, energy, and transport.
  3. connectivity investments
  4. May 2021
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7
Q

EU
1. Expand EU
2. The (EU) is a political and economic union of ___ member states located primarily in Europe.
3. It was established with the signing of the ___, although its origins can be traced back to the ___ .
4. The EU aims to ___ among its member states.
5. One of the key achievements of the EU is the creation of a single market, also known as the ___ market.
6. The ___ is a subset of EU member states that have adopted the euro as their official currency.
7. Currently, __ out of the ___ EU member states use the euro.
8. Mention the key institutions of EU
9. Original founding members of EU
10. What is Brexit and when it happened?

A
  1. European Union
  2. 27
  3. Maastricht Treaty in 1992, European Coal and Steel Community formed in 1951
  4. promote peace, stability, and economic prosperity
  5. internal
  6. Eurozone
  7. 19/27
  8. European Commission (executive branch), the European Council (composed of heads of state or government), the European Parliament (representing EU citizens), and the Court of Justice of the European Union (ensuring the interpretation and application of EU law)
  9. Belgium, France, Italy, Luxembourg, Netherlands and West Germany
  10. Brexit is a portmanteau of the words British and exit that was coined to refer to the U.K.’s decision in a June 23, 2016, referendum to leave the European Union (EU). Brexit took place at 11 p.m. Greenwich Mean Time, Jan. 31, 2020.
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8
Q
  1. The Indian government has recently approved a groundbreaking scheme worth __ crore aimed at significantly expanding the foodgrain storage capacity in the cooperative sector.
  2. With the current grain storage capacity at approximately 1,450 lakh tonnes, this initiative seeks to add __ of storage over the next five years.
  3. The existing godowns can store only up to __% of India’s foodgrains production, highlighting the need for increased storage capacity to reduce wastage and optimize food security.
A
  1. Rs 1 lakh
  2. 700 lakh tonnes
  3. 47
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9
Q
  1. The Union government has successfully achieved its fiscal deficit target of __% of the gross domestic product (GDP) for the financial year 2022-23.
  2. The glide path aims to reduce the fiscal deficit to __% of GDP in 2023-24, with a gradual decline to __% of GDP by FY26.
A
  1. 6.4
  2. 5.9, 4.5
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10
Q
  1. __ has assumed charge of Managing Director of (SECI).
  2. Expand SECI
  3. SECI, a Miniratna Category-I CPSE established in __, serves as the primary implementing agency for renewable energy schemes and projects under the Ministry of New and Renewable Energy, Government of India.
  4. Expand CPSE
A
  1. Ajay Yadav
  2. Solar Energy Corporation of India Limited
  3. 2011
  4. Central Public Sector Enterprise
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11
Q
  1. India’s economy showcased significant growth in the January-March quarter of 2022-23, with a GDP growth rate of __%.
  2. This surge, primarily driven by improved performance in agriculture, manufacturing, mining, and construction sectors, contributed to an annual growth rate of ___.
  3. The robust growth propelled the Indian economy to reach __ and sets the stage for achieving the ambitious $5 trillion target in the coming years.
  4. Agriculture: The agriculture sector experienced an acceleration in growth, reaching __% compared to the previous year’s 4.1% growth rate.
  5. Manufacturing: The manufacturing sector witnessed a notable growth rate of __% during the March 2023 quarter, a substantial increase from the previous year’s 0.6% growth rate.
  6. Mining: The mining sector exhibited a growth rate of __% in Q4 2022-23, surpassing the 2.3% growth recorded in the same period of the previous fiscal year.
  7. The construction sector demonstrated significant growth, expanding by __% during the quarter, compared to 4.9% growth in the corresponding period of 2021-22.
  8. Services Sector: Various segments within the services sector contributed to the overall economic growth. The trade, hotel, transport, communication, and services related to broadcasting segment registered a growth rate of ___% in Q4 2022-23, compared to 5% growth in the same period last year. Financial, real estate, and professional services witnessed a growth rate of ___% during the quarter, up from 5.7% in the previous year.
A
  1. 6.1
  2. 7.2%
  3. $3.3 trillion
  4. 5.5
  5. 4.5
  6. 4.3
  7. 10.4
  8. 9.1, 7.1
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12
Q
  1. The Indian government has announced its intention to sell up to a 3% stake in __ through the offer for sale (OFS) route, according to a recent regulatory filing.
  2. The OFS is open to __ investors, providing an opportunity for a diverse range of stakeholders to participate in the sale.
  3. What is Green Shoe option?
A
  1. Coal India Ltd
  2. both retail and non-retail
  3. The green shoe option allows the seller to offer additional shares beyond the base offer size in case of oversubscription.
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13
Q
  1. __, a leading fintech unicorn, has introduced ‘Turbo UPI,’ a revolutionary one-step payment solution for the Unified Payments Interface (UPI) network.
  2. In collaboration with the National Payments Corporation of India (NPCI) and ___, it aims to streamline the payment process for users, allowing them to make payments directly without being redirected to a third-party UPI app during checkout.
  3. The launch of Turbo UPI comes shortly after __ introduced its UPI SDK.
A
  1. Razorpay
  2. Axis Bank
  3. Paytm
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14
Q
  1. GoI appoints __ as MD and CEO of UCO Bank
  2. Expand UCO
  3. Established in
  4. The bank was founded by __, an Indian industrialist.
  5. The bank was nationalized by the Government of India on __.
  6. Headquarters
  7. Tagline
A
  1. Ashwani Kumar
  2. United Commercial Bank
  3. 1943, Kolkata
  4. G.D. Birla
  5. July 19, 1969
  6. Kolkata
  7. Honours your trust
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15
Q
  1. The Maharashtra government has recently launched __ scheme aimed at providing support to farmers in the state.
  2. Under the new scheme farmers in Maharashtra will receive an annual payment of __.
  3. This financial aid is in addition to the amount of Rs 6,000 that farmers already receive in instalments per year from the Centre’s __.
A
  1. Namo Shetkari Mahasanman Yojana
  2. Rs 6,000
  3. Pradhan Mantri Kisan Samman Nidhi Yojana
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16
Q

Which of the greenhouse gases will be monitored by the Global Greenhouse Gas Watch?

A

carbon dioxide (CO2), methane (CH4), and nitrous oxide (N20)

17
Q

The Ministry of Finance has announced the launch of a special ₹75 coin to commemorate the inauguration of India’s new parliament building. Which national emblem is featured on one side of the §75 coin?

A

Lion Capital of the Ashoka Pillar

18
Q
  1. The WMO was established in __ as a successor to the International Meteorological Organization (IMO).
  2. Expand WMO
A
  1. 1950
  2. World Meteorological Organization
19
Q

Which organization has provided the loan for the industrial corridor development in Andra Pradesh?

A

ADB (Asian Development Bank)

20
Q

The RBI granted approval for the merger of Maratha Sahakari Bank with The Cosmos Co-operative Bank under the authority of __ read with Section 56 of the Banking Regulation Act, 1949.

A

Section 44A(4)

21
Q

Which city is the headquarters of The Cosmos Co-operative Bank?

A

Pune

22
Q

Cooperative banks primarily focus on providing which types of services?

A

Retail banking services.
(Cooperative banks typically cater to the financial needs of individuals and small businesses within their community, offering services such as savings accounts, loans, and other retail banking products.)

23
Q
  1. Which training academy is HDFC Bank partnering with for the (LXP)?
  2. Expand LXP
A
  1. Manipal Global Skills Academy
  2. Leadership Excellence Program
24
Q

Which company is responsible for the construction of the new Parliament building?

A

Tata Projects Limited

25
Q
  1. Who has been appointed as the chairman of the 11-member
    Cheetah Project Steering Committee established by the (NTCA)?
  2. Expand NTCA
A
  1. Rajesh Gopal, the secretary general of the Global Tiger Forum
  2. National Tiger Conservation Authority
26
Q

Which organization is organizing the first-ever Urban Climate
Film Festival?

A

National Institute of Urban Affairs

27
Q

Which program showcases the impact of data-driven governance in improving the lives of citizens at the grassroots level?

A

The ADP, implemented by Niti Aayog, demonstrates the power of data-driven governance in bringing about positive changes in the lives of people at the grassroots level.
ADP-Aspirational Districts Programme

28
Q

What was the focus of the 8th Governing Council Meeting of Niti Aayog chaired by Prime Minister Modi?

A

Strengthening cooperative federalism
( The meeting emphasized the importance of collaboration between the central government, states, and union territories to achieve national development goals.)

29
Q

Where was the Sudarshan Shakti Exercise 2023 conducted?

A

Rajasthan and Puniab

30
Q

Which bank emerged as the top performer in NPA management during FY23?

A

Bank of Maharashtra

31
Q

Among the listed banks, which bank had the highest net NPA ratio during FY23?

A

Bank of Baroda

32
Q

Which bank topped the chart in terms of low-cost Current Account and Savings Account (CASA) deposits?

A

Bank of Maharashtra

33
Q

How many technology domains are covered under the IMPRINT India scheme?

A

10

34
Q

Who has been appointed as the Managing Director and CEO of Karnataka Bank(as of May 2023)?

A

Srikrishnan Harihara Sarma

35
Q

What is the impact of high inflation on the economy?

A

Reduced investment and savings

36
Q

Bank of Maharashtra
1. Founded on
2. Headquarters
3. MD & CEO
4. Nationalised in
5. Tagline

A
  1. 16 September 1935
  2. Pune, Maharashtra
  3. A.S. Rajeev
  4. 1969
  5. One Family One Bank/ Ek Parivar Ek Bank

CA (42 decks)

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