General Awareness for LIC AAO Mains (Solutions)

S1. Ans.(b)
Sol. A recent study published in PLOS Biology found that human impacts on species occur across 84% of
the earth’s surface and India ranks 16th in such impacts, with 35 species impacted on an average.

S2. Ans.(a)
Sol. The government has appointed MR Kumar as the Chairman of Life Insurance Corporation (LIC) and
Vipin Anand and TC Suseel Kumar as the managing directors (MDs).

S3. Ans.(e)
Sol. A social entrepreneur from Tamil Nadu, Padmanaban Gopalan, founder of No Food Waste, was named
the winner of the Commonwealth Youth Award for the Asian region worth 3,000 Pounds at a ceremony at
the Commonwealth Secretariat in London.

S4. Ans.(d)
Sol. World Consumer Rights Day is celebrated every year on 15 March as part of an initiative by Consumer
International, a membership organization for consumer groups around the world.

S5. Ans.(e)
Sol. The State Bank of India has launched a new service called ‘YONO Cash’ for its customers using which
customers can withdraw money from ATMs without using debit cards. This facility is available over 16,500
of its ATMs through the You Only Need One (YONO), mobile app platform for the first time in the country.
The ATMs enabled for this service will be called as YONO Cash Point.

1 Adda247 | No. 1 APP for Banking & SSC Preparation

Website: bankersadda.com | sscadda.com | store.adda247.com | Email: contact@bankersadda.com
S6. Ans.(c)
Sol. SBI, ICICI Bank and HDFC Bank continue to be in the Reserve Bank of India’s list of Domestic
Systemically Important Banks (D-SIBs) for 2018. The additional Common Equity Tier 1 (CET1)
requirement for D-SIBs has already been phased-in from 1st April 2016 and fully effective from 01st April
2019, the RBI stated, releasing the list for 2018.

S7. Ans.(b)
Sol. YONO (You Only Need One) is an integrated digital banking platform offered by State Bank of India
(SBI) to enable users to access a variety of financial and other services such as taxi bookings, online
shopping, or medical bill payments. YONO is offered as a smartphone app for both Android and iOS.

S8. Ans.(b)
Sol. The theme for World Consumers day 2019 is “Trusted Smart Products”.

S9. Ans.(c)
Sol. The Supreme Court appointed senior advocate PS Narasimha as a mediator for resolving various
disputes related to cricket administration within the cricket body, the Board of Control for Cricket in India
(BCCI).

S10. Ans.(e)
Sol. Exercise Sampriti-VIII, a joint Indo-Bangladesh military exercise which witnessed participation of a
company group of 9th Battalion the Rajputana Rifles from the Indian Army and the Company of 36 East
Bengal Battalion, Bangladesh Army concluded at Tangail, Bangladesh.

S11. Ans.(c)
Sol. HDFC Bank Ltd crossed the Rs6 trillion market capitalization mark for the first time, making it only the
third Indian firm—after Tata Consultancy Services Ltd (TCS) and Reliance Industries Ltd (RIL)—to achieve
the milestone.

S12. Ans.(b)
Sol. Kumbhalgarh Wildlife Sanctuary is located in the Rajsamand District of Rajasthan State in western
India.

S13. Ans.(b)
Sol. International Literacy Day, celebrated annually on 8 September,
is an opportunity for Governments, civil society and stakeholders to
highlight improvements in world literacy rates, and reflect on the
world's remaining literacy challenges. The issue of literacy is a key
component of the UN's Sustainable Development Goals and the UN's
2030 Agenda for Sustainable Development.

S14. Ans.(c)
Sol. Lakwa Thermal Power Station is located in Assam.

2 Adda247 | No. 1 APP for Banking & SSC Preparation

Website: bankersadda.com | sscadda.com | store.adda247.com | Email: contact@bankersadda.com
S15. Ans.(d)
Sol. As per RBI notification, IDBI Bank has been categorized as a private sector lender following the
acquisition of majority stake by Life Insurance Corporation. IDBI Bank has been under the prompt
corrective action framework of RBI that bans it from corporate lending and branch expansions, salary hikes
and other regular activities.

S16. Ans.(c)
Sol. Niti Aayog CEO Amitabh Kant will head the National Mission on Transformative Mobility and Battery
Storage, which is being set up to promote clean and sustainable mobility initiatives in the country.

S17. Ans.(e)
Sol. India will host the Under-17 Women’s Football World Cup in 2020. This was announced by the
President of International Football Federation (FIFA) Gianni Infantino after the council meeting in Miami,
USA.

S18. Ans.(b)
Sol. South African all-rounder JP Duminy announced that he would retire from ODIs after the ICC World
Cup in England. Duminy will, however, continue to be available for South Africa in T20 Internationals.

S19. Ans.(b)
Sol. Aviva Life Insurance announced the launch of ‘Wings’, a specially designed mentorship program to
empower the female workforce. Wings program is an initiative of the SHE division of Aviva Life Insurance
for mentoring all the women employees in Aviva.

S20. Ans.(e)
Sol. According to the ADB’s latest Asian Development Outlook report, gross domestic product in India will
probably increase by 7.2 % in 2019, down from a December forecast of 7.6%. Southeast Asia’s growth
estimate was lowered by 0.2 percentage point to 4.9%.

S21. Ans.(d)
Sol. The Reserve Bank of India (RBI) in consultation with the
government of India has set the limits for Ways and Means Advances
(WMA) for the first half of the financial year 2019-20 (April 2019 to
September 2019) at Rs 75000 crore.

S22. Ans.(a)
Sol. In a bid to further improve the cash position of banks, RBI has
tweaked Liquidity Coverage Ratio (LCR) norms to provide an
additional 2% window to lenders. As per RBI Governor Shaktikanta
Das, this move will harmonise the liquidity requirements of banks
and release additional money for lending.

3 Adda247 | No. 1 APP for Banking & SSC Preparation

Website: bankersadda.com | sscadda.com | store.adda247.com | Email: contact@bankersadda.com
S23. Ans.(b)
Sol. The United Nation Environment Program (UNEP) has released the sixth edition of the Global
Environment Outlook (2019) titled ‘Healthy Planet, Healthy People’.

S24. Ans.(e)
Sol. The human resource consulting firm, Mercer’s annual Quality of Living Survey 2019 has placed
Austria’s capital city Vienna at the number 1 spot, making it the 10th year in a row.

S25. Ans.(c)
Sol. Bajaj Finserv’s Chairman and Non-Executive Director Rahul Bajaj has resigned and will take over as
the Chairman Emeritus from May 2019.

S26. Ans.(a)
Sol. Santosh Jha presently Deputy Chief of Mission, Embassy of India, Washington, has been appointed as
the next Ambassador of India to the Republic of Uzbekistan.

S27. Ans.(b)
Sol. The European Central Bank (ECB) based in Frankfurt, Germany.

S28. Ans.(d)
Sol. Doha, capital of the peninsular Arabian Gulf country Qatar, is a modern city on Doha Bay.

S29. Ans.(a)
Sol. Sakshi Malik is an Indian freestyle wrestler.

S30. Ans.(e)
Sol. Indian scientists have developed a common framework for the assessment of climate change
vulnerability in all the states in the Himalayan region. The assessment shows that the vulnerability index
is the highest for Assam (0.72) and Mizoram (0.71). Sikkim is the least vulnerable state with the index being
0.42.

S31. Ans.(e)
Sol. Reserve Bank of India provided no objection to Bandhan Bank for
the proposed acquisition of Gruh Finance. Gruh Finance Limited is an
Ahmedabad headquartered Subsidiary of HDFC Limited.

S32. Ans.(a)
Sol. Tata, Reliance, and Airtel emerged as the top three Indian brands
of 2019, according to a report published by Interbrand, part of the
Omnicom Media Group. Tata continued to hold the top position in the
best Indian Brands ranking as its brand value grew by 6%, mainly due
to Tata Consultancy Services (TCS).

4 Adda247 | No. 1 APP for Banking & SSC Preparation

Website: bankersadda.com | sscadda.com | store.adda247.com | Email: contact@bankersadda.com
S33. Ans.(c)
Sol. Microsoft has announced that it has partnered with The Ministry of Housing and Urban Affairs
(MoHUA) to promote its Project ‘Sangam’ which is developed to accelerate Swachh Bharat Mission (SBM)
in India.

S34. Ans.(c)
Sol. Mozambique, Zimbabwe and Malawi have been hit by a vicious cyclone ‘IDAI’ that has killed nearly
150 people, left hundreds more missing and stranded tens of thousands who are cut off from roads and
telephones in mainly poor, rural areas.

S35. Ans.(d)
Sol. The Reserve Bank of India (RBI) named State Bank of India (SBI), ICICI Bank and HDFC Bank as
Domestic Systemically Important Banks (D-SIBs), which in other words mean banks that are too big to fail.

S36. Ans.(c)
Sol. According to Moody’s, Indian economy is expected to grow at 7.3 percent in the calendar year 2019
and 2020.

S37. Ans.(b)
Sol. Former Finance Secretary Ajay Narayan Jha has joined as a member of the 15th Finance Commission.
Jha has been posted in place of Shaktikanta Das who had resigned as a member of the Commission after
being appointed the RBI Governor. Jha is a 1982-batch IAS officer of Manipur cadre. He was retired as a
Finance Secretary to the central government.

S38. Ans.(d)
Sol. ICICI Lombard and Mobikwik announced a strategic partnership to provide cyber-insurance cover.
The relationship aims to provide protection against unauthorized and fraudulent transactions online,
across bank accounts, debit and credit cards. and mobile wallets.

S39. Ans.(b)
Sol. Highlighting the close maritime proximity between India and Indonesia, Indian Coast Guard Ship ‘Vijit’
became the first-ever Coast Guard ship to visit Sabang, Indonesia.

S40. Ans.(b)
Sol. The State Bank of India has launched a new service called ‘YONO
Cash’ for its customers using which customers can withdraw money
from ATMs without using debit cards.

S41. Ans.(a)
Sol. Male is the capital of Maldives.

S42. Ans.(b)
Sol. Balphakram National Park is located in Meghalaya.

5 Adda247 | No. 1 APP for Banking & SSC Preparation

Website: bankersadda.com | sscadda.com | store.adda247.com | Email: contact@bankersadda.com
S43. Ans.(e)
Sol. Zaruki International Airport is located in Shillong.

S44. Ans.(b)
Sol. Bardo Chham is the traditional dance of Arunachal Pradesh.

S45. Ans.(d)
Sol. Prime Minister of Guinea Dr. Ibrahima Kassory Fofana arrived in New Delhi on a ten-day official visit
to India. During the visit, Mr Fofona called on President Ram Nath Kovind at Rashtrapati Bhavan.

S46. Ans.(a)
Sol. CRISIL Ltd, a diversified global analytics company, will transfer its rating business to its proposed new
wholly-owned subsidiary. The board of CRISIL gave the nod for the transfer, which is being done to comply
with SEBI norms of 2018.

S47. Ans.(c)
Sol. Nepal successfully launched its first satellite NepaliSat-1 into space. The satellite developed by the
Nepalese scientists was launched from Virginia in the United States. It is a low orbit satellite which will be
in the 400-km distance from the Earth’s surface.

S48. Ans.(d)
Sol. The Resilient Cities Asia-Pacific (RCAP) 2019 Congress is being organised by ICLEI – Local
Governments for Sustainability and hosted by South Delhi Municipal Corporation in New Delhi, India.

S49. Ans.(e)
Sol. Reliance Industries Chairman Mukesh Ambani and public-interest litigators Arundhati Katju and
Menaka Guruswamy, who spearheaded a historic legal battle for LGBTQ rights in India, are the Indian
names that appeared in Time 100 Most Influential People 2019 list.

S50. Ans.(b)
Sol. ETMONEY India’s largest app for financial services has integrated with Unified Payment Interface
(UPI) as a payment method.

6 Adda247 | No. 1 APP for Banking & SSC Preparation

Website: bankersadda.com | sscadda.com | store.adda247.com | Email: contact@bankersadda.com