GA Revision for SBI Clerk and other exams – 819

  1. How many exchanges were launched by Nirmala Sitharaman to take on offshore currency market?
    A) 5
    B) 6
    C) 4
    D) 2
    View Answer
    Option D
    Explanation:
    India is taking its first baby steps to tackle a growing offshore market for its currency. Two exchanges, India International Exchange (IFSC) and NSE IFSC began trading foreign-exchange settled rupee derivatives, part of a push to bring the market back home.

  2. Where is the Nagarhole National Park located?
    A) Karnataka
    B) Odisha
    C) Andhra Pradesh
    D) Tamil Nadu
    View Answer
    Option A

  3. How much amount was approved to Antigua as project outlay by India?
    A) USD 4 million
    B) USD 3 million
    C) USD 2 million
    D) USD 1 million
    View Answer
    Option D
    Explanation:
    India has approved USD 1 million to Antigua as project outlay, with immediate assistance of USD 1,50,000 for medical equipments.

  4. As per Nomura and Goldman Sachs, Indian economy may contract by how much percent in FY21?
    A) 0.4%
    B) 0.5%
    C) 0.6%
    D) 0.7%
    View Answer
    Option A
    Explanation:
    Two foreign brokerages predicted a contraction of 0.4 per cent of India’s GDP in the current financial year due to the impact of the COVID-19 pandemic.

  5. Which of the following comes under Rural Center as per RBI?
    (i) Tier 3 center
    (ii) Tier 4 center
    (iii) Tier 5 center
    (iv) Tier 6 center
    A) Only (ii) and (iii)
    B) Only (i) and (ii)
    C) (ii), (iii) and (iv)
    D) (iii) and (iv)
    View Answer
    Option D
    Explanation:
    Tier 1 comprises metropolitan and urban centres, Tiers 2, 3, and 4 comprise semi-urban centres and Tiers 5 and 6 comprise rural centres.

  6. RBI allowed banks to issue electronic cards for which accounts?
    A) NRI
    B) Current
    C) Savings
    D) Overdraft
    View Answer
    Option D
    Explanation:
    Relaxing norms, the Reserve Bank of India permitted banks to issue electronic cards to persons having overdraft accounts that are only in the nature of personal loan without any specific end-use restrictions.

  7. Which Indian Institute has been ranked among the Top 50 global schools, for the second year in succession, in the Financial Times Executive Education 2020 Rankings?
    A) IIM Trichi
    B) IIM Ahmedabad
    C) IIM Lucknow
    D) IIM Lucknow
    View Answer
    Option D
    Explanation:
    Indian Institute of Management Bangalore (IIMB) said it has been ranked among the Top 50 global schools, for the second year in succession, in the Financial Times Executive Education 2020 Rankings.

  8. Which Bank has launched an exclusive credit facility for agriculture and allied activities?
    A) PNB
    B) SBI
    C) IOB
    D) BOB
    View Answer
    Option C
    Explanation:
    Public sector lender Indian Overseas Bank (IOB) has launched an exclusive credit facility for agriculture and allied activities.

  9. The Harela Festival is celebrated in which of these states?
    A) Odisha
    B) Jammu And Kashmir
    C) Uttarakhand
    D) Kerala
    View Answer
    Option B

  10. Which Airport was voted by customers as the best regional airport in India & Central Asia for the third time in four years at the 2020 World Airport Awards?
    A) Kempegowda International Airport
    B) Chaudhari Charan Singh Airport
    C) Guru Ghasi Das Airport
    D) Indira Gandhi International Airport
    View Answer
    Option A
    Explanation:
    Bangaluru’s Kempegowda International Airport was voted by customers as the best regional airport in India & Central Asia for the third time in four years at the 2020 World Airport Awards.

  11. Which state launched Charan Paduka campaign for migrant labourers?
    A) Maharashtra
    B) Assam
    C) Chhattisgarh
    D) Madhya Pradesh
    View Answer
    Option D
    Explanation:
    In Madhya Pradesh, in a first of its kind of initiative, Charan Paduka campaign has been started for the migrant labourers passing through the state.

  12. Offense of Money Laundering is defined under _____ of Prevention of Money Laundering Act 2002?
    A) Section 2
    B) Section 3
    C) Section 5
    D) Section 6
    View Answer
    Option B
    Explanation:
    Section 3 of PMLA 2002

  13. Which body to provide special liquidity to banks, non-banking financial companies (NBFCs) and microfinance institutions for on-lending to micro, small and medium enterprises?
    A) NABARD
    B) GIC
    C) SIDBI
    D) RBI
    View Answer
    Option C
    Explanation:
    Small Industries Development Bank of India (SIDBI) said it will provide special liquidity to banks, non-banking financial companies (NBFCs) and microfinance institutions for on-lending to micro, small and medium enterprises that are affected by the COVID-19-related disruptions.

  14. Who will head the panel that has proposed land pooling to corporatise agri, merging MNREGA with skilling programme?
    A) Thawar Chand Gehlot
    B) Narendra Modi
    C) Smriti Irani
    D) Rajnath Singh
    View Answer
    Option A
    Explanation:
    A LAND pooling model enabling corporatisation of agriculture, opening up EPF and ESIC for the unorganised sector, merging the MNREGA with skill development programmes to create a wage subsidy programme —- these are some of the proposals that have been drafted by a Group of Ministers (GOM) on employment and skill development.

  15. The Union Cabinet gave nod to launch a special liquidity scheme worth how much amount for stressed non-banking financial companies and housing finance companies?
    A) ₹11000 cr
    B) ₹10000 cr
    C) ₹20000 cr
    D) ₹30000 cr
    View Answer
    Option D
    Explanation:
    The Union Cabinet gave nod to launch a special liquidity scheme worth Rs 30,000 crore for stressed non-banking financial companies and housing finance companies.

  16. Where is Jai Vilas Mahal located?
    A) Jaipur, Rajasthan
    B) Ooty, Tamil Nadu
    C) Shimla, Himachal Pradesh
    D) Gwalior, Madhya Pradesh
    View Answer
    Option D
    Explanation:
    The Jai Vilas Mahal also known as the Jai Vilas Palace, is a nineteenth-century palace in Gwalior, India.

  17. When did the BRICS states signed the Agreement on the New Development Bank, which makes provisions for the legal basis of the bank?
    A) 2013
    B) 2014
    C) 2015
    D) 2016
    View Answer
    Option B
    Explanation:
    On 15 July 2014, the first day of the 6th BRICS summit held in Fortaleza, Brazil, the BRICS states signed the Agreement on the New Development Bank, which makes provisions for the legal basis of the bank.
    In a separate agreement, a reserve currency pool worth $100 bln was set up by BRICS nations.
    July 2014 (Treaty signed)
    July 2015 (Treaty in force)

  18. which organisation paid a tribute to migrant workers by releasing a special postal cover dedicated to them?
    A) IndiaPost
    B) NASSCOM
    C) Niti Aayog
    D) IPPB
    View Answer
    Option A
    Explanation:
    dia Post, Mumbai, paid a tribute to migrant workers by releasing a special postal cover dedicated to them.

  19. The 2022 World Games are scheduled to be held in which city?
    A) Birmingham
    B) Bangkok
    C) Kiev
    D) London
    View Answer
    Option A
    Explanation:
    The World Games to be held in Birmingham, Alabama — which have been delayed due to the coronavirus outbreak — have unveiled a new logo and a new title.

  20. What is the capital of Belarus?
    A) Baku
    B) Brussels
    C) Belmopan
    D) Minsk
    View Answer
    Option D
    Explanation:
    Currency of Belarus – ruble

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