GA Revision for SBI Clerk and other exams – 780

  1. Which Institute topped the D2C Competitive B-Schools 2020 ranking?
    A) IIM Ahmedabad
    B) IIM Kozhikode
    C) IIM Lucknow
    D) IIM Bangalore
    View Answer
    Option D
    Explanation:
    IIM Bangalore topped the D2C Competitive B-Schools 2020 ranking, outshining everyone. IIM Kozhikode, known for its lush campus and its enterprising students, was ranked a close second.

  2. The Borra Caves located in____?
    A) Assam
    B) Madhya Pradesh
    C) Andhra Pradesh
    D) Maharashtra
    View Answer
    Option C

  3. Which Company inks pact with Saraswat co-op bank to tap rural market?
    A) ICICI Prudential
    B) Max Bupa
    C) HDFC Life
    D) LIC
    View Answer
    Option A
    Explanation:
    ICICI Prudential AMC ties up Saraswat Co-op Bank to tap rural potential. ICICI Prudential Mutual Fund through this tie-up aims to increase its footprint, especially in smaller towns and cities.

  4. When there is a risk of loss resulting from inadequate or failed internal processes, people and systems or from external event, it is called?
    A) Liquidity risk
    B) Systemic risk
    C) Operational risk
    D) Moral Hazard
    View Answer
    Option C
    Explanation:
    The Basel Committee on Banking Supervision defines operational risk “as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. This definition includes legal risk, but excludes strategic and reputation risk.”

  5. what is the currency of Saudi Arabia?
    A) Rupee
    B) Krone
    C) Riyal
    D) Dinar
    View Answer
    Option C
    Explanation:
    Capital – Riyadh

  6. SEBI launched which application for investors to lodge grievances?
    A) GrievanceP
    B) onTap
    C) Scores
    D) Maximum
    View Answer
    Option C
    Explanation:
    Markets regulator Sebi said it has launched a mobile application ‘Sebi SCORES ‘for convenience of investors to lodge grievances in Sebi Complaints Redress System (SCORES).

  7. What is the rank of India on the inclusive internet index 2020 released by the Economist Intelligence Unit (EIU)?
    A) 41st
    B) 43rd
    C) 44th
    D) 46th
    View Answer
    Option D
    Explanation:
    India has been ranked 46th out of 100 countries on the inclusive internet index 2020 released by the Economist Intelligence Unit (EIU).

  8. The Kalesar National Park is situated in which of the following states?
    A) Assam
    B) Madhya Pradesh
    C) Haryana
    D) Gujarat
    View Answer
    Option C

  9. Which Insurance Company has been conferred with the prestigious ‘Finnoviti Award 2020’ for excellence in innovation?
    A) Bharti AXA Life Insurance
    B) IDBI federal
    C) Max Bupa Insurance
    D) LIC
    View Answer
    Option A
    Explanation:
    Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, has been conferred with the prestigious ‘Finnoviti Award 2020’ for excellence in innovation and its innovative digital solution eASE that enables seamless onboarding process to customers, distributors and all internal stakeholders.

  10. Government has formed a committee under which ministry which also includes representatives of the Indian Railways to work out the modalities of ‘Kisan Rail’?
    A) Ministry of Finance
    B) Ministry of HRD
    C) Ministry of Agriculture
    D) Ministry of Railways
    View Answer
    Option C
    Explanation:
    The government has formed a committee under the Ministry of Agriculture which also includes representatives of the Indian Railways to work out the modalities of ‘Kisan Rail’.Finance Minister Nirmala Sitharaman proposed to set up a ‘Kisan Rail’ through the public-private-partnership (PPP) mode for a cold supply chain to transport perishable goods.

  11. Employees’ Provident Fund Organisation (EPFO) has decided to decrease the interest rate of employees provident fund to how much percent?
    A) 8.65%
    B) 8.5%
    C) 8.40%
    D) 8.15%
    View Answer
    Option B
    Explanation:
    Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) has decided to decrease the interest rate of employees provident fund to 8.5 percent from 8.65 percent for 2019-2020.

  12. Where is National Centre for Finance Education (NCFE) situated?
    A) Gurugram
    B) Nashik
    C) Mumbai
    D) Noida
    View Answer
    Option C
    Explanation:
    The National Centre for Financial Education (NCFE), comprising representatives from all financial sector regulators i.e. Reserve Bank of India (RBI), Securities Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), Pension Fund Regulatory and Development Authority (PFRDA) and National Institute of Securities Markets (NISM), has been set up to implement National Strategy for Financial Education (NSFE), under the guidance of a Technical Group on Financial Inclusion and Financial Literacy of the Financial Stability and Development Council (FSDC), which would cater to all sections of the population in the country.

  13. How much amount was infused by International Monetary Fund (IMF) to help address coronavirus?
    A) 50 billion
    B) 20 billion
    C) 80 billion
    D) 100 billion
    View Answer
    Option A
    Explanation:
    The International Monetary Fund (IMF) is making available about 50 billion dollars through its rapid-disbursing emergency financing facilities for low income and emerging market countries that could potentially seek support to combat the spread of coronavirus.

  14. Where is the HQ of International Boxing Association?
    A) Stockholm
    B) Singapore
    C) Luasanne
    D) Bangkok
    View Answer
    Option C

  15. Which state ranked 1st in country for overall implementation of Poshan Abhiyan as per the report shared by NITI Aayog?
    A) Uttar Pradesh
    B) Uttarakhand
    C) Andhra Pradesh
    D) Assam
    View Answer
    Option C
    Explanation:
    Andhra Pradesh ranked 1st in country for overall implementation of Poshan Abhiyan as per the report shared by NITI Aayog.

  16. Which Company announced to open a Delhi cloud region in 2021?
    A) Microsoft
    B) Amazon
    C) Google
    D) IBM
    View Answer
    Option C
    Explanation:
    Google announced to open a Delhi cloud region in 2021. This will be the company’s second cloud region in India since it launched the Mumbai region in 2017.

  17. The Central government has constituted the Delimitation Commission for the purpose of delimitation of Assembly and Parliamentary constituencies in the Union territory of Jammu and Kashmir and the States of Assam, Arunachal Pradesh, Manipur and Nagaland.Who will head this commission?
    A) Rajiv Singh
    B) Sanjiv Verma
    C) Ranjana Desai
    D) Varsha Mishra
    View Answer
    Option C
    Explanation:
    The Central government has constituted the Delimitation Commission for the purpose of delimitation of Assembly and Parliamentary constituencies in the Union territory of Jammu and Kashmir and the States of Assam, Arunachal Pradesh, Manipur and Nagaland.

  18. Which city to host 2023 International Olympic Committee (IOC) session?
    A) NewYork
    B) Paris
    C) Chennai
    D) Mumbai
    View Answer
    Option D
    Explanation:
    he International Olympic Committee (IOC) Executive Board (EB) has decided that Mumbai, India, will be put forward to a vote of the IOC Members to host the IOC Session in 2023.

  19. The traditional ‘Fagli’ festival was celebrated in which state?
    A) Sikkim
    B) Uttarakhand
    C) Himachal Pradesh
    D) Assam
    View Answer
    Option C
    Explanation:
    The traditional ‘Fagli’ festival was celebrated in Yangpa village of Kinnaur district of Himachal Pradesh with great fervour.

  20. What is the initial subscribed capital of the BRICS New Development Bank?
    A) $50 bn
    B) $150 bn
    C) $100 bn
    D) $200 bn
    View Answer
    Option A
    Explanation:
    The initial subscribed capital of the NDB is $50 bln divided into paid-in shares ($10 bln) and callable shares ($40 bln).
    The initial subscribed capital of the bank was equally distributed among the founding members.

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