GA Revision for SBI Clerk and other exams – 874

  1. Under the extended Partial Credit Guarantee Scheme (PCGS), public sector banks buy NBFC Bonds/CPs worth how much amount as announced by Finance Minister Nirmala Sitharaman?
    A) Rs 14,667 cr
    B) Rs 16,937 cr
    C) Rs 15,279 cr
    D) Rs 11,376 cr
    View Answer
    Option A
    Explanation:
    Finance Minister Nirmala Sitharaman has said that the Partial Credit Guarantee Scheme, PCGS was revamped under the Aatmanirbhar Bharat Package to support the liability side of Non Banking Financial Companies, NBFCs. Under the extended PCGS, Public Sector Banks have approved the purchase Bonds or Commercial Papers issued by 67 NBFCs amounting to 14 thousand 6 hundred 67 crore rupees.

  2. Who is the first one to win Oscar from India?
    A) A. R. Rahman
    B) Satyajit Ray
    C) Bhanu Athaiya
    D) Gulzar
    View Answer
    Option C

  3. India in partnership with which country joined the Food and Agriculture Organization(FAO) of the United Nations(UN) and co-hosted the official launch of 2021 International Year of Fruits and Vegetables?
    A) Chile
    B) Malawi
    C) Nigeria
    D) Myanmar
    View Answer
    Option A
    Explanation:
    India and Chile joins the Food and Agriculture Organization(FAO) of the United Nations(UN) and co-hosted the official launch of 2021 International Year of Fruits and Vegetables, the side event of 2020 High-level Political forum – “On the road to the International Year of Fruits and Vegetables 2021.
    Chile had championed to declare the year 2021 as an ‘International Year of Fruits and Vegetables’ by UN General Assembly in 2019.

  4. Which of the following is not true about Real Time Gross Settlement (RTGS) system?
    A) The minimum amount that can be received through RTGS is 2 lakh
    B) The banks receive the funds in real time as soon as funds are transferred by the remitting bank
    C) RTGS is a payment system which facilitates settlement of funds transfers individually on an order by order basis
    D) All of the above are correct.
    View Answer
    Option D
    Explanation:
    If maximum limit is Rs 2 lakh, then minimum will also be Rs 2 lakh.

  5. NABARD agreed to launch development projects worth Rs. 44 lakhs in which Union Territory in order to strengthen the concept of Atmanirbhar Bharat through rural entrepreneurship?
    A) Puducherry
    B) Andaman & Nicobar Islands
    C) Ladakh
    D) Chandigarh
    View Answer
    Option B
    Explanation:
    The National Bank for Agriculture and Rural Development (NABARD) has launched development projects in Andaman & Nicobar Islands worth Rs. 44 lakhs in order to strengthen the concept of Atmanirbhar Bharat through rural entrepreneurship.

  6. What is the currency of Malawi?
    A) Euro
    B) Dollar
    C) Won
    D) Kwacha
    View Answer
    Option D
    Explanation:
    Capital – Lilongwe

  7. Who have been chosen to be given USIBC Global Leadership Award this year?
    A) N. R. Narayana Murthy and Darren Woods
    B) N Chandrasekaran and Jim Taiclet
    C) N Chandrasekaran and Darren Woods
    D) Nandan Nilekani and Jim Taiclet
    View Answer
    Option B
    Explanation:
    Tata group Chairman N Chandrasekaran and Lockheed Martin CEO Jim Taiclet will receive the USIBC Global Leadership Award this year.
    The USIBC Global Leadership Awards are conferred upon executives in recognition of outstanding leadership and for promoting Indo-US trade and business.

  8. Who have been crowned Bundesliga champions for an eighth successive season?
    A) Bayern Munich
    B) Werder Bremen
    C) William Carl
    D) Tony Magnus
    View Answer
    Option A
    Explanation:
    Bayern Munich have been crowned Bundesliga champions for an eighth successive season after a 1-0 win at Werder Bremen.

  9. Bellandur lake is in ____?
    A) Karnataka
    B) Manipur
    C) Jammu and Kashmir
    D) Sikkim
    View Answer
    Option A

  10. Poba Reserve Forest in which district of Assam would be upgraded to a wildlife sanctuary?
    A) Kokrajhar
    B) Dhemaji
    C) Barpeta
    D) Silchar
    View Answer
    Option B
    Explanation:
    Assam Chief Minister Sarbananda Sonowal announced that Poba Reserve Forest in Dhemaji district would be upgraded to a wildlife sanctuary.

  11. New Bank of India was merged with Punjab National Bank in which year?
    A) 1990
    B) 1992
    C) 1993
    D) 1995
    View Answer
    Option C

  12. Who was appointed as the auditor of Prime Minister’s Citizens Assistance and Relief in Emergency Situations (PM CARES) Fund?
    A) Amar Sharma
    B) Vikas Singh
    C) Sanjay Chaturvedi
    D) Sunil Kumar Gupta
    View Answer
    Option D
    Explanation:
    Trustees of the fund, which is called Prime Minister’s Citizens Assistance and Relief in Emergency Situations (PM CARES) Fund, appointed “SARC & Associates, Chartered Accountants, New Delhi, as the auditors” for three years.

  13. With which of the following companies did the Airports Authority of India (AAI) sign MoU for co-operation in civil aviation sector?
    A) Ashok Leyland Defense
    B) Bharat Electronics Limited
    C) Bharat Dynamics Ltd.
    D) Dassault Aviation
    View Answer
    Option B
    Explanation:
    The Airports Authority of India (AAI) signed a memorandum of understanding (MoU) with Bharat Electronics Limited (BEL) for providing a platform for both the companies to collaborate and support each other to address the emerging global opportunities in the airport business, including those in the Asia Pacific regio

  14. Where is Rani Ki Vav situated?
    A) Jammu and Kashmir
    B) Uttarakhand
    C) Himachal Pradesh
    D) Gujarat
    View Answer
    Option D
    Explanation:
    Rani ki vav is an intricately constructed stepwell situated in the town of Patan in Gujarat, India. It is located on the banks of Saraswati River.
    It was added to the list of UNESCO’s World Heritage Sites on 22 June 2014.

  15. Who got one year extension as BCCI ombudsman?
    A) DK Jain
    B) Sameer Gupta
    C) Taraknath Singh
    D) Mukesh Agarwal
    View Answer
    Option A
    Explanation:
    Former Supreme Court judge DK Jain will continue as Board of Control for Cricket in India’s ethics officer and ombudsman after getting a one-year extension from the cricket Board.

  16. Prime Minister Elyes Fakhfakh of which country resigned in July 2020?
    A) Tunisia
    B) Nauru
    C) Oman
    D) Rwanda
    View Answer
    Option A
    Explanation:
    Tunisia’s prime minister Elyes Fakhfakh resigned amid suspicions of conflict of interest because of his stake in a waste processing company that won government contracts worth 15 million euro.

  17. Mahindra group Chairman Anand Mahindra and ________ Chairman and CEO Shantanu Narayen will be conferred 2020 Leadership Awards by US-based India-centric business advocacy group?
    A) Nvidia
    B) iStock
    C) Autodesk
    D) Adobe
    View Answer
    Option D
    Explanation:
    A top US-based India-centric business advocacy group announced to honour Mahindra group Chairman Anand Mahindra and Adobe Chairman and CEO Shantanu Narayen with its 2020 Leadership Awards in recognition of their exemplary vision towards promoting US-India bilateral ties.

  18. Rs 500 bank note has a motif of ______ . (Issued after demonetization)
    A) Red Fort
    B) Taj Mahal
    C) Mangalyaan
    D) India Gate
    View Answer
    Option A
    Explanation:
    Red Fort-an image of Indian heritage site with Indian flag on the reverse

  19. Sardar Sarovar Dam is situated on the banks of which river?
    A) Tapi
    B) Alaknanda
    C) Narmada
    D) Jhelam
    View Answer
    Option C
    Explanation:
    The Sardar Sarovar Dam is a gravity dam on the Narmada river near Navagam, Gujarat in India.

  20. Which of the following launched a new tool for the banks and post offices that will ensure tax deduction at source (TDS) on the cash withdrawals beyond the threshold?
    A) Reserve Bank of India
    B) NITI Aayog
    C) Income Tax Department
    D) Confederation of Indian Industry
    View Answer
    Option C
    Explanation:
    With the help of the tool, post offices and banks will be able to ascertain the TDS applicability rates on the cash withdrawals of above Rs. 20 lakh in case a person is a non- filer of the income tax return and that of above Rs. 1 crore in case of a filer of Income-tax return.

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