Turbo Series – September

Preface
As the competition rises day by day, there is a need of more focused and targeted strategy and
material, so that aspirants can gain maximum from their limited time that they give to their studies.
The TURBO-MCQ SERIES is an initiative to cover the important questions related to the competitive
exams.

Considering the limited time available for the WORKING PROFESSIONALs our courses are focused on
the more important portion of the exam. We also have gone through the same period of time that you
are going through, so we understand your point of view and are able to eliminate the loopholes in the
strategies too. Take advantage from our experience and realize your dreams faster.

This PDF is helpful in exams like – RBI GRADE B, SEBI GRADE A, NABARD GRADE A, IBPS, NHB, CET,
SBI PO and UPSC.

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Turbo Series – September

Contents
(September – 1)

Multiple Choice Questions based the following:

1. Pib
2. General awareness
3. Economics and social Issues
4. Financial Awareness
5. National reports
6. International reports
7. State Govt. Schemes
8. Central Govt. Schemes
9. Core Finance
10. Core Economics
11. RBI Notifications
12. SEBI Notifications
13. Bonus MCQ
14. Essay Extras

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Turbo Series – September

MCQs - Phase 1 & Phase 2

According to this report, India makes most innovative lower middle-income economy in the world. In
this report India retains the highest rank in central and southern Asia region. India has moved four
places in this index since 2019.

1. What is the name of that index discussed above?

A. World Innovation Index

B. Global Innovation Index
C. Global Innovative Index
D. World Innovative Index
E. Both A and B

2. What is India's rank in this index?

A. 48
B. 49
C. 50
D. 51
E. 52

3. The above-mentioned index compiled by?

A. World Bank
B. IMF
C. World Intellectual Property Organization
D. Cornell University and INSEAD Business School
E. Both C and D

4. Which of the following country has topped in this index?

A. Sweden
B. Denmark
C. Norway
D. USA
E. Switzerland

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Turbo Series – September

5. Which of the following country has performed worst in this index?

A. Iraq
B. Iran
C. Yemen
D. Benin
E. Pakistan

6. According to the Report titled, “Fraud & Risk Management in Digital Payments” released by Data
Security Council of India and PayPal, what will be the worth of e-commerce market in India by 2026?
A. USD 200 billion
B. USD 100 billion
C. USD 250 billion
D. USD 125 billion
E. USD 500 billion

7. Name the economist, who prposed the idea of exploring foreign markets?
A. Adams Smith
B. John Maynard Keyens
C. Theodore levitt
D. Thomas Friedman

8. As per the estimation of SBI Ecowrap, India’s GDP for the FY21 is ________.
A. (-) 7.1%
B. (-) 2.5%
C. (-) 11.2%
D. (-) 13.8%
E. (-) 10.9%

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Turbo Series – September

9. In which of the following way SEBI has revised mutual funds debt disclosure requirements?
A. Mutual funds to disclose details of debt and capital market securities transacted in their
schemes portfolio, including inter-scheme transfers, on a daily basis with a time lag of 15 days in
a prescribed format
B. Mutual funds to disclose details of debt and money market securities transacted in their
schemes portfolio, including inter-scheme transfers, on a daily basis with a time lag of 15 days in
a prescribed format
C. Mutual funds to disclose details of debt and capital market securities transacted in their
schemes portfolio, including inter-scheme transfers, on a daily basis with a time lag of 20 days in
a prescribed format
D. Mutual funds to disclose details of debt and money market securities transacted in their
schemes portfolio, including inter-scheme transfers, on a daily basis with a time lag of 20 days in
a prescribed format
E. Mutual funds to disclose details of debt and money market securities transacted in their
schemes portfolio, including inter-scheme transfers, on a daily basis with a time lag of 30 days in
a prescribed format

10. Goverement caps MEIS benefits at just _________crore

A. 2000
B. 3000
C. 5000
D. 4000
E. None of the above

11. Power ministry has launched GTAM for electricity. What is the full form of GTAM?
A. Green Term Ahead Mechanism
B. Green Term Ahead Market
C. Green Tenure Ahead Market
D. Green Term Ahead Money
E. None of the above

12. Unnat Bharat Abhiyan 2.0 was launched in which year?.

A. 2014
B. 2016
C. 2015
D. 2018

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13. Which of the following countries has decided to launch an initiative later this year to achieve
supply chain resilience in the Indo-Pacific region, a move seen as countering China's dominance in
the world trade?
A. India, Japan and Australia
B. India, Japan and France
C. India, Japan and America
D. India, Japan and Russia
E. India, Japan and United Kingdom

14. Find the person who got 6-month extension as the chairman of Central Board of Direct Taxes
(CBDT).
A. M Ajit Kumar
B. Rajnish Kumar
C. Pramod Chandra Mody
D. Rahul Chaudhry
E. Sanjay Dutt

15. Which of the following is/are not one of the salient features of the National Creche Scheme?

A. To provide day care facilities to Children (age group of 1 year to 6 years) of working mothers
B. Daycare facilities including sleeping facilities
C. Early stimulation for children below 3 years and pre-school education for 3-6 years old children
D. Supplementary nutrition (to be sourced locally)
E. Growth Monitoring
F. Health check-ups and immunization

16. State of Young Child in India report was released by Vice President Venkaiah Naidu. Which is the
top performing state as per the report?
A. Karnataka
B. Gujarat
C. Kerala
D. Maharashtra

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17. Kaziranga National Park is set to be expanded by 3053 hectares. It will connect the park with
Nameri National Park? Nameri National Park is located in _________________ .
A. Arunachal Pradesh
B. Assam
C. Manipur
D. Nagaland

18. The FM Nirmala Sitharaman has launched National Infrastructure Pipeline online dashboard. It is
a one stop solution for all who are looking for information about infrastructure projects. The outlay
for infrastructure in the country for the next five years is Rs. __________ lakh crores.
A. 150
B. 200
C. 75
D. 100

19. Which of the following can be associated with ‘Gini Coefficient’?

A. Literacy Index
B. Unemployment curve
C. National income inequality
D. Currency depreciation

20. Which is the first state to offer jobs based on Common Eligibility Test conducted by National
Recruitment Agency?
A. Kerala
B. Madhya Pradesh
C. Maharashtra
D. Gujarat

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21. The ____________ task force has recommended to link sugarcane prices to sugar rates.
A. V K Saraswat
B. Ramesh Chand
C. V K Paul
D. Nilesh Jha

22. Harit Path is the name of the mobile app launched by _________ to monitor plantation along the
National Highways.
A. National Highway Authority of India
B. Ministry of Environment
C. Ministry of Home Affairs
D. Ministry of road transport and highways

23. Turkey has discovered natural gas reserves in _________.

A. Black Sea
B. Mediterranean Sea
C. Red Sea
D. Maramara Sea

24. Which country will host the summit of SCO Council of November 30, 2020?
A. China
B. India
C. Kazakhstan
D. Russia

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25. World Intellectual Property Organisation has launched Global Innovation Index and India has
ranked 48th. Which country has topped the ranking?
A. USA
B. UK
C. Sweden
D. Switzerland

26. Union Cabinet has approved five languages as the official languages of Jammu & Kashmir. Which
one of the following is not one of them?
A. Urdu
B. English
C. Dogri
D. Bhadarwahi

27. What is the contraction in India’s GDP growth in Q1 of FY21 (April-June 2020) as per the data
released by the National Statistical Office?
A. 16.5%
B. 14.7%
C. 23.9%
D. 10.6%
E. 12.1%

28. Government has approved 27 integrated cold chain projects under Pradhan Mantri Kisan
________ Yojana.
A. SAMMAN
B. SAMRIDDHI
C. SAMPADA
D. SAAMARTHYA

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29. Which of the following are the latest to be integrated to One Nation One Ration Card Scheme?
A. Daman & Diu and Pondicherry
B. Ladakh and Andaman & Nicobar
C. Ladakh & Lakshdweep
D. Lakshdweep and Dadar & Nagar Haveli

30. Japan has provided Rs. _______ crores assistance to India to fight COVID 19.
A. 2000
B. 4500
C. 4000
D. 3500

31. European investment bank plans to invest € 650 Million for the 1st metro line of which city?
A. Coimbatore
B. Patna
C. Kanpur
D. Noida
E. Surat

32. _________________ has created NEST (New and Emerging Strategic Technologies) to increase
coordination in investment among states of the country and other countries.
A. Home Ministry
B. Ministry of External Affairs
C. Ministry of MSME
D. Ministry of Commerce & Industry

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Turbo Series – September

33. Which of the following countries has decided to launch an initiative later this year to achieve
supply chain resilience in the Indo-Pacific region, a move seen as countering China's dominance in
the world trade?
A. India, Japan and Australia
B. India, Japan and France
C. India, Japan and America
D. India, Japan and Russia
E. India, Japan and United kingdom

34. When is World Coconut Day celebrated?

A. September 1
B. September 2
C. September 3
D. September 4

35. Government has approved 27 integrated cold chain projects under Pradhan Mantri Kisan
________ Yojana.
A. SAMPADA
B. SAMMAN
C. SAMRIDDHI
D. SAAMARTHYA
E. None of these

36. Which of the following are the latest to be integrated to One Nation One Ration Card Scheme?
A. Daman & Diu and Pondicherry
B. Ladakh and Andaman & Nicobar
C. Ladakh & Lakshdweep
D. Lakshdweep and Dadar & Nagar Haveli

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Turbo Series – September

37. Japan has provided Rs. _______ crores assistance to India to fight COVID 19.
A. 2000
B. 4500
C. 4000
D. 3500

38. _________________ has created NEST (New and Emerging Strategic Technologies) to increase
coordination in investment among states of the country and other countries.
A. Home Ministry
B. Ministry of External Affairs
C. Ministry of MSME
D. Ministry of Commerce & Industry

39. Who said that-India among large emerging market's to have highest debt burden by 2021?
A. Moody's
B. Fitch
C. Standard & Poor's
D. World bank
E. IMF

40. Sir David Attenborough received the Indira Gandhi Peace Prize for 2019. Which country does he
belong to?
A. Scotland
B. England
C. Australia
D. New Zealand

41. _________state government has launched the YSR Sampoorna Poshan Scheme to provide
nutritious food to lactating and pregnant women.
A. Andhra Pradesh
B. Tamil Nadu
C. Karnataka
D. Telangana

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42. When is International Literacy Day celebrated?

A. 6 September
B. 7 September
C. 8 September
D. 9 September

43. _______ will host the third Indo Pacific Business Forum.
A. Vietnam
B. South Korea
C. New Zealand
D. India

44. IT minister Ravi Shankar Prasad has launched ________ - Next Generation Start up Challenge
Contest to boost start ups and provide them seed capital of up to Rs.25.00 lakhs.
A. Manzil
B. Chunauti
C. Mehnat
D. Mahatvakaanksha

45. With which of the following the philosophy of ‘Laissez-Faire’ is related?

A. Capitalist state
B. Welfare State
C. Gandhian State
D. Industrial State

46. When is International Charity Day celebrated?

A. 6 September
B. 7 September
C. 8 September
D. 9 September

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47. Who has become the first woman president of Canadian Space Agecy?
A. Mickey Campbell
B. Lisa Raymon
C. Lisa Campbell
D. Tessy Thomson

48. Who is the author of the book ‘Breaking the cocoon’?

A. Ramesh Nair
B. Rajendra Nair
C. Rajiv Nair
D. Radha Nair

49. Which state plans to start river cruise to promote tourism?

A. Uttar Pradesh
B. West Bengal
C. Maharashtra
D. Odisha

50. Rajiv Bihari Lal resigned as the non-executive chairman of which bank?
A. SBI
B. IDFC
C. HDFC Bank
D. AXIS Bank

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Bonus Question
As per the RBI guidelines, which of the following is the minimum tenure (maturity) of “Masala Bonds” that an
India Company is allowed to issue in offshore markets?

A. 2 years
B. 10 years
C. 3 years
D. 5 years

Challenge Series
1) 12 12 18 45 180 1170 ?
a. 12285 b. 10530 c. 11700 d. 12870 e. 7605

2) 13 13 65 585 7605 129285 ?

a. 2456415 b. 2235675 c. 2980565 d. 2714985 e. 2197845

3) 4.5 18 2.25 ? 1.6875 33.75

a. 27 b. 25.5 c. 36 d. 40 e. None of these

4) 354 180 64 21 10.2 ?

a. 5.6 b. 8.7 c. 3.8 d. 1.7 e. None of these

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Essay Extras

To avoid the worst consequences of climate change, the global energy system must rapidly reduce its emissions.
Calls to reduce global greenhouse gas emissions are growing louder every year, but emissions remain at
unsustainably high levels. International climate goals call for emissions to peak as soon as possible and then
decline rapidly to reach net-zero in the second half of this century. The vast majority of global CO2 emissions come
from the energy sector, making clear the need for a cleaner energy system. Global CO2 emissions are set to fall in
2020 because of the Covid-19 crisis, but without structural changes to the energy system, this decline will be only
temporary.

Long-distance transport and heavy industry are home to the hardest emissions to reduce. Energy efficiency,
material efficiency and avoided transportation demand (e.g. substituting personal car travel with walking or
cycling) all play an important role in reducing emissions in long-distance transport and heavy industries. But nearly
60% of cumulative emissions reductions for these sectors in the Sustainable Development Scenario come from
technologies that are only at demonstration and prototype stages today. Hydrogen and CCUS account for around
half of cumulative emissions reductions in the steel, cement and chemicals sectors. In the trucking, shipping and
aviation sectors, the use of alternative fuels – hydrogen, synthetic fuels and biofuels – ranges between 55% and
80%. Highly competitive global markets, the long lifetime of existing assets, and rapidly increasing demand in
certain areas further complicate efforts to reduce emissions in these challenging sectors. Fortunately, the
engineering skills and knowledge these sectors possess today are an excellent starting point for commercializing
the technologies required for tackling these challenges.

Power and heavy industry together account for about 60% of emissions today from existing energy infrastructure,
climbing to nearly 100% in 2050 if no action is taken. Reaching net-zero will depend on how we manage the
emissions challenge presented by these sectors’ long-lasting assets, many of which were recently built in Asian
economies and could operate for decades to come. The situation underscores the need for hydrogen and CCUS
technologies. Ensuring that new clean energy technologies are available in time for key investment decisions will
be critical. In heavy industries, for example, strategically timed investments could help avoid around 40% of
cumulative emissions from existing infrastructure in these sectors.

Carbon Capture, Utilization, and Storage (CCUS)

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Turbo Series – September

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Answer Key
1B 31 C
2A 32 B
3E 33 A
4E 34 B
5D 35 A
6A 36 C
7C 37 D
8E 38 B
9B 39 A
10 C 40 B
11 B 41 A
12 D 42 C
13 A 43 A
14 C 44 B
15 A (Age group of 6 months to 6 years) 45 D
16 C 46 A
17 B 47 C
18 D 48 D
19 C 49 D
20 B 50 B
21 B
22 A BONUS
23 A 1C
24 B
25 D CHALLENGE SERIES
26 D 1A
27 C 2D
28 C 3A
29 C 4B
30 D

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