Static GK and Current Events Questions and Answers: 10th April 2021

Take the Quiz based on Static GK and Current Events below. Go through each explanation to gain an insight on the topic. The topics discussed through the quizzes in this series are extremely important for all Government Job exams like UPSC Civil Services, SSC CGL, CHSL etc. 

1. What is a Neo bank?

1. A new Bank
2. An virtual bank
3. A conventional bank
4. None of the above 

Ans. b

Explanation: A neo bank is a virtual bank with no physical branches.

READ| What is a Neo Bank and how is it different from a regular bank?

2. Which among the following is true of neo banks?

i) Neo banks do not have a license of their own in India

ii) Neo banks work both digitally and physically

1. Only i
2. Only ii
3. Both i and ii
4. None of the above

Ans. a

Explanation: Neo banks do not have a license of their own but they have banking partners to provide licensed services. Neo bank is a kind of digital bank with no branches. 

3. How many Neo banks are there in India currently?

1. 1
2. 5
3. 8
4. 10

Ans. d

Explanation: In India there are 10 neo banks at present. ICICI took lead and partnered with three of them namely- Free, Instant Pay and Yelo. 

4. What is PiMo?

1. Government of India Scheme
2. A missile made by DRDO 
3. A radar system by ISRO
4. An electric Bike by IIT Madras

Ans. d

Explanation: IIT Madras’ incubated startup Pi Beam has recently launched an electric two-wheeler (e- bike)  named PiMo.

5. What was the Amendment Act to include Fundamental Duties in the Constitution?

1. 42nd Amendment Act
2. 44th Amendment Act
3. 38th Amendment Act
4. 2nd Amendment Act

Ans. a

Explanation:  Fundamental Duties were included in the Indian Constitution by the Forty-Second Amendment Act, 1976.  Also read| Indian Constitution: Parts, Schedules and Articles at a Glance

6. A committee constituted in regard to Fundamental duties was?

1. Swaran Singh Committee
2. Balwant Rai Mehta Committee
3. Kasturirangan Committee
4. Mandal Commission

Ans. a

Explanation: Fundamental Duties were incorporated in the Indian Constitution by the Constitution Act, 1976 upon the recommendations of the Swaran Singh Committee.

7. The citizenship is included in which article of the Indian Constitution?

1. Article 6
2. Article 12
3. Article 18
4. Article 1

Ans. a

Explanation: The citizenship is included between Article 5 to 11 in the Indian Constitution.

8. What was the name of Queen Elizabeth II's husband?

1. Prince Albert
2. Prince Charles
3. Prince Philip
4. Prince Alexander

Ans. c

Explanation: Prince Philip was the Queen of England's husband who has passed away on April 9, 2021. 

9. Which sports woman among the following would be receiving the Chandigarh Veerni Award?

1. Mary Kom
2. Dutee Chand 
3. Hima Das
4. Saina Nehwal 

Ans. b

Explanation: Dutee Chand will be honoured with the Chhattisgarh Veerni Award scheduled to be held on April 14, 2021. 

10. What does Article 123 in the Indian Constitution state?

1. The Union Government
2. Legislative Powers of President
3. Comptroller and Auditor-General of India
4. The Union Judiciary

Ans. b

Explanation: Article 123 of the Indian Constitution consists of the Legislative Powers of the President of India. 

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