Select May 2021 GK Questions by Online Bank Exam Coaching

Newspaper reading is undoubtedly a beneficial activity for Competitive Exam aspirants. It has a positive impact on a candidate’s General Awareness as well as Linguistic Comprehension. Yet, it is often seen that even the regular newspaper readers struggle to answer the Current Affairs (CA) questions asked in the exam.

This happens because it takes deep understanding of the exam pattern to separate out the relevant facts from an ocean of irrelevant information. Regarded as the Institute for Best Bank PO Online Coaching Classes in India, Vidya Guru publishes quality CA quizzes comprising select MCQs that are expected to be asked in the upcoming examinations. The latest quiz based on important news events of the month of May is given below for your perusal. It is suggested that you attempt the quiz as a short test and evaluate your score as well.

May 2021 Current GK Quiz

Question 1. Name the state that has the highest contribution in small savings schemes like Public Provident Fund (PPF), NSC (National Savings Certificate) etc.
a. Uttar Pradesh
b. West Bengal
c. Tamil Nadu
d. Maharashtra

Answer: West Bengal

Question 2. Which of the statements given below is incorrect regarding the 2021 World Press Freedom (WPF) Index?
a. India’s rank on WPF Index 2021 was 142^nd.
b. Norway stood 1st on this Index.
c. The index is published by Reporters Sans Frontières (RSF), also known as Reporters without Borders.
d. None of the above

Answer: None of the above

Question 3. Name the multinational bank to exit Consumer Banking / Retail Banking business in India.
a. Standard Chartered
b. DBS
c. Citibank
d. HSBC

Answer: Citibank

Question 4. Which bank has become a co-promoter of Max Life Insurance by acquiring a 12.99% stake?
a. HDFC Bank
b. ICICI Bank
c. Axis Bank
d. Kotak Bank

Answer: Axis Bank

Question 5. Name the mission that was launched recently by the Minister of Science & Technology, Dr. Harsh Vardhan for spreading Nutritional Awareness.
a. Aahaar par Vichaar
b. Aahaar Kranti
c. Poshan ka Mahatv
d. Sampoorna Poshan

Answer: Aahaar Kranti

Question 6. Who has been recently appointed as NASSCOM’s 1st Woman Chairperson?
a. Amrita Gangotra
b. Geetha Kannan
c. Harmeen Mehta
d. Rekha Menon

Answer: Rekha Menon

Question 7. Which of the following pairs isn’t correctly matched in the context of the winners of the 93rd Academy / Oscar awards?
a. Best Director: Chloe Zhao (for the film ‘Nomadland’)
b. Best Actor: Anthony Hopkins (for the film ‘The Father’)
c. Best Actress: Frances McDormand (for the film ‘Nomadland’)
d. None of the above

Answer: None of the above

Question 8. Varuna-2021, a bilateral naval exercise, was held recently in the Arabian Sea between the navies of India and
a. United Kingdom
b. France
c. USA
d. Russia

Answer: France

Question 9. 4 lakh E-property cards were distributed recently under the SVAMITVA scheme run by the Ministry of Panchayati Raj. SVAMITVA stands for
a. Survey of Villages and Measurement with Innovative Technology in Village Areas
b. Study of Village Mapping with Improvised Technology for Valuation of Assets
c. Survey of Villages and Mapping with Improvised Technology in Village Areas
d. Study of Village Mapping in India with Technology for Valuation of Assets

Answer: Survey of Villages and Mapping with Improvised Technology in Village Areas

Question 10. Mt. Annapurna, the 10^th highest mountain peak in the world, is located in Nepal. Who recently became the 1^st Indian woman to scale Mt. Annapurna?
a. Shivangi Pathak
b. Priyanka Mohite
c. Arunima Sinha
d. Malavath Purna

Answer: Priyanka Mohite

Question 11. Which of the pairs given below is correctly matched with respect to the winners of the 93^rd Academy / Oscar awards?
a. Best Picture: Nomadland
b. Best International Feature Film: Minari (South Korea)
c. Best International Feature Film: Another Round (Denmark)
d. Both A & C

Answer: Both A & C

Question 12. Name the author of the book ‘The Living Mountain’.
a. Amitav Ghosh
b. Vikram Seth
c. Amit Chaudhuri
d. Salman Rushdie

Answer: Amitav Ghosh

Question 13. India stood 1^st on the medals tally at the 2021 AIBA World Youth Boxing Championship. Where was this Championship held?
a. Kielce, Poland
b. Lisbon, Portugal
c. Belgrade, Serbia
d. Prague, Czech Republic

Answer: Kielce, Poland

Question 14. Which of the following sports are Atanu Das and Deepika Kumari associated with?
a. Table tennis
b. Archery
c. Shooting
d. Chess

Answer: Archery

Question 15. Name the Ex. RBI Governor who is also known as the Father of Banking Reforms in India.
a. PC Bhattacharya
b. BN Adarkar
c. M Narasimham
d. NC Sen Gupta

Answer: M Narasimham

Question 16. Which of the following statements is correct with respect to RBI’s review of Corporate Governance in Private Sector Banks?
a. RBI has limited the tenure of MD, CEO & Whole Time Directors (WTD) to a maximum of 15 years.
b. Maximum age for MD, CEO and WTD positions has been fixed at 70 years.
c. Maximum tenure for MD, CEO and WTD, if they are promoters / major shareholders of the Bank, has been fixed at 12 years. However, on RBI’s sole discretion, this tenure can be extended up to a maximum of 15 years.
d. All of the above

Answer: All of the above

Question 17. Name the ambassadors of International Olympic Committee’s ‘Believe in Sport’ campaign.
a. PV Sindhu (India) & Michelle Li (Canada)
b. Hima Das (India) & Naomi Osaka (Japan)
c. PV Sindhu (India) & Millie Turner (United Kingdom)
d. Naomi Osaka (Japan) & Michelle Li (Canada)

Answer: PV Sindhu & Michelle Li (Canada)

Question 18. ‘Satyajit Ray Lifetime Achievement Award’ has been instituted by the Ministry of Information & Broadcasting to mark the birth centenary of the legendary director. The award will be given away annually at the International Film Festival India (IFFI). What is the cash prize linked to this award?
a. Rs. 4 Lakh
b. Rs. 5 Lakh
c. Rs. 10 Lakh
d. Rs. 12 Lakh

Answer: Rs. 10 Lakh

Question 19. Which of the below mentioned statements isn’t correct in the context of the economic relief measures announced recently by the Govt.?
a. On-tap liquidity facility worth Rs. 50,000 Cr. has been set up for emergency health services.
b. Three Year SLTRO (Special Long Term Repo Operations) worth Rs. 10,000 Cr. will be undertaken for Small Finance Banks (SFBs) till 31^st October, 2021.
c. Lending by Small Finance Banks (SFBs) to Micro-Finance Institutions (MFIs) for on-lending is going to be considered Priority Sector Lending (PSL) till 31^st March, 2022.
d. None of the above

Answer: None of the above

Question 20. World Press Freedom Day (WPFD) is observed annually on 3rd May. What was the theme of WPFD 2021?
a. Speak Truth to Power
b. Fighting Fake News
c. Save Journalists form Persecution
d. Information as a Public Good

Answer: Information as a Public Good

Question 21. With which of the following countries has India established a ‘2+2 Ministerial Dialogue’, involving the Foreign Affairs and Defence ministers?
a. Germany
b. Russia
c. UK
d. France

Answer: Russia

Question 22. Which of the following statements is correct with respect to the Employees Deposit Linked Insurance (EDLI) scheme run by EPFO (Employee Provident Fund Organization) under the purview of the Ministry of Labour & Employment?
a. Maximum sum assured (death insurance benefit) under the EDLI scheme has been hiked to Rs. 7 Lakh.
b. Minimum assurance benefit (death cover) under the EDLI scheme is Rs. 2.5 Lakh.
c. Both A & B
d. Neither A Nor B

Answer: Both A & B

Question 23. India is going to buy 6 Poseidon-8I (P-8I) naval patrol aircraft from
a. USA
b. France
c. United Kingdom
d. Israel

Answer: USA

Question 24. The 69^th Miss Universe pageant was held recently in Hollywood, Florida (USA). Andrea Meza, who was crowned the 2020 Miss Universe at this pageant, belongs to which of the following countries?
a. Argentina
b. Brazil
c. Mexico
d. Venezuela

Answer: Mexico

Question 25. Cyclone Tauktae, which originated in the Arabian Sea, has made landfall in Gujarat. ‘Tauktae’, which means Gecko (a highly vocal lizard), has got its name from which of the following nations?
a. Cambodia
b. Myanmar
c. Philippines
d. Thailand

Answer: Myanmar

Question 26. Cyclone ‘Yaas’ developed recently in the Bay of Bengal and hit the coastal regions of West Bengal & Odisha. Where has Cyclone ‘Yaas’ got its name from?
a. Kuwait
b. Oman
c. Iran
d. Saudi Arabia

Answer: Oman

Question 27. G7 Foreign Ministers meeting was attended virtually by the External Affairs Minister S Jaishankar. Where was this meeting held?
a. Paris, France
b. Ottawa, Canada
c. London, UK
d. New York, USA

Answer: London, UK

Question 28. The limit under Loan Restructuring 2.0 scheme for MSMEs has been increased to
a. Rs. 25 Cr.
b. Rs. 50 Cr.
c. Rs. 75 Cr.
d. Rs. 100 Cr.

Answer: Rs. 50 Cr.

Question 29. Till 31^st December, 2021, Banks for the purpose of CRR calculation can deduct from their NDTL (Net Demand and Time Liability), the credit given to new MSME borrowers up to
a. Rs. 10 Lakh per borrower
b. Rs. 20 Lakh per borrower
c. Rs. 25 Lakh per borrower
d. Rs. 30 Lakh per borrower

Answer: Rs. 25 Lakh per borrower

Question 30. A $1.4 Billion (1 Billion Pounds) Trade & Investment deal has been signed recently between India and
a. France
b. United Kingdom
c. Germany
d. Canada

Answer: United Kingdom

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Summary
The Quiz provided above is a collection of Current Affairs questions handpicked carefully by our subject matter experts keeping in mind the pattern of various Govt. Job examinations. Now, you can learn under the quality guidance of our experts by signing up for Vidya Guru Courses. Feel free to write in to us at vidyagurudelhi@gmail.com to know more.