GA Revision for SBI Clerk and other exams – 888

  1. Who has been appointed as the new chairman of Indian Oil Corporation (IOC)?
    A) Shrikant Madhav Vaidya
    B) Bhushan Kumar Soni
    C) Preet Kumar Singh
    D) Sanjiv Singh
    View Answer
    Option A
    Explanation:
    Shrikant Madhav Vaidya took charge as IOC Chairman, succeeds Sanjiv Singh.

  2. Which payments bank has partnered with MasterCard to build customised solutions for payments such as tap-and-pay NFC?
    A) AU Small Finance Bank
    B) Paytm Payments Bank
    C) Fino Payments Bank
    D) Airtel Payments Bank
    View Answer
    Option D
    Explanation:
    Airtel Payments Bank has partnered with Mastercard to build customised solutions for payments such as tap-and-pay NFC, credit facility and other neighbourhood banking services for farmers and SMEs.

  3. Under the Insolvency and Bankruptcy Code (IBC), distribution of the liquidation proceeds priority has been set as:
    1. Insolvency resolution cost
    2. Secured debt and Workmen’s dues for the past
    3. Employees dues
    4. Unsecured debt
    5. Government dues
    A) 3, 1, 4, 5, 2
    B) 1, 2, 3, 4, 5
    C) 2, 4, 1, 3, 5
    D) 4, 3, 1, 2, 5
    View Answer
    Option B

  4. Where is the HQ of Fiserv Technology situated?
    A) Spain
    B) USA
    C) UK
    D) Ireland
    View Answer
    Option B
    Explanation:
    Brookfield, Wisconsin, United States

  5. Which artificial intelligence (AI)-based chatbot was launched by National Payment Corporation of India (NPCI) to create awareness around its digital payment platforms like FASTag?
    A) MAi
    B) TAi
    C) SAi
    D) PAi
    View Answer
    Option D
    Explanation:
    National Payment Corporation of India (NPCI) has launched an artificial intelligence (AI)-based chatbot to create awareness around its digital payment platforms like FASTag, RuPay and UPI. Called PAi, the chatbot aims to improve digital financial inclusion in the country.

  6. According to the Open Budget Survey, conducted by International Budget Partnership (IBP),what is the rank of India among 117 nations in terms of budget transparency and accountability?
    A) 53
    B) 55
    C) 51
    D) 59
    View Answer
    Option A
    Explanation:
    According to the Open Budget Survey, conducted by International Budget Partnership (IBP), India has been placed at 53rd position among 117 nations in terms of budget transparency and accountability.

  7. Which e commerce company has partnered with Karnataka State Mango Development and Marketing Corporation Ltd. enabling farmers to sell their fresh produce online?
    A) Dailyobjects
    B) Amazon
    C) Ebay
    D) Flipkart
    View Answer
    Option D
    Explanation:
    E-commerce platform Flipkart and the Karnataka State Mango Development and Marketing Corporation Ltd. signed a Memorandum of Understanding, enabling farmers to sell their fresh produce online.

  8. Where is the HQ of TransUnion CIBIL situated?
    A) Mumbai
    B) Delhi
    C) Chandigarh
    D) Noida
    View Answer
    Option A

  9. What is the test that determines a company’s ability to cover debt obligations with its assets after all liabilities have been satisfied known as?
    A) Key Ratio
    B) Debt Ratio
    C) Coverage Ratio
    D) Asset Coverage Ratio
    View Answer
    Option D

  10. Which Indian Institute have developed a magnesium alloy with significantly improved properties, that can replace steel and aluminium in automotive and aerospace components?
    A) IIT Madras
    B) IIT Bombay
    C) IIT Delhi
    D) IIT Kanpur
    View Answer
    Option A
    Explanation:
    Researchers at the Indian Institute of Technology Madras (IITM), along with the University of North Texas and US Army Research Laboratory, have developed a magnesium alloy with significantly improved properties, that can replace steel and aluminium in automotive and aerospace components.

  11. According to data released by the Union Rural Development Ministry,which state topped the list of states in providing employment under MGNREGS?
    A) Karnataka
    B) Telangana
    C) Kerala
    D) Chhattisgarh
    View Answer
    Option D
    Explanation:
    According to data released by the Union Rural Development Ministry, Chhattisgarh has topped the list of states in providing employment to over 18 lakh unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).

  12. Which organisation launched Khelo India e-Pathshala, an online coaching programme for grassroot level?
    A) Nasscom
    B) Sports Authority of India
    C) Niti Aayog
    D) IOC
    View Answer
    Option B
    Explanation:
    The Sports Authority of India (SAI) launched Khelo India e-Pathshala in association with National Sports Federations (NSF) with an aim to provide first-ever national-level open online coaching and education programme for grassroot-level athletes.

  13. Who was appointed as new president of New Development Bank?
    A) Will Smith
    B) VK Ranjan
    C) VK Ranjan
    D) Marcos Troyjo
    View Answer
    Option D
    Explanation:
    Brazil’s Marcos Troyjo will succeed India’s KV Kamath as president of the New Development Bank (NDB).

  14. Which company has announced a strategic partnership with Zurich-based software company Avaloq o provide end-to-end (e2e) wealth management capabilities through digital platforms?
    A) HCL
    B) Wipro
    C) Infosys
    D) tcs
    View Answer
    Option C
    Explanation:
    Infosys announced a strategic partnership with Zurich-based software company Avaloq o provide end-to-end (e2e) wealth management capabilities through digital platforms.

  15. Where is the HQ of Mastercard situated?
    A) New York, USA
    B) London, UK
    C) Washington DC, USA
    D) Dubai, UAE
    View Answer
    Option A

  16. Who has been appointed as new CMD of Oriental Insurance Company?
    A) SN Rajeshwari
    B) AV Girja Kumar
    C) VK Shaw
    D) Mayur Kumar
    View Answer
    Option A
    Explanation:
    SN Rajeswari,57,general manager,New India Assurance(NIA),has been selected by the Banks Board Bureau (BBB), as the CMD of the Delhi based Oriental Insurance Company(OIC).

  17. which agency downgraded India’s foreign currency and local currency long-term issuer ratings to Baa3 from Baa2?
    A) Moody
    B) SBI Ecowrap
    C) Fitch
    D) Crisil
    View Answer
    Option A
    Explanation:
    Moody’s Investors Service downgraded India’s foreign currency and local currency long-term issuer ratings to Baa3 from Baa2, citing the country’s policymaking institutions will be challenged in enacting and implementing policies which effectively mitigate the risks of a sustained period of relatively low growth.

  18. Which of the following is not a legal tender in India currently?
    A) Rs 1000
    B) Re 1
    C) Rs 20
    D) Rs 2000
    View Answer
    Option A
    Explanation:
    Legal Tender is a coin or a banknote that is legally tenderable for discharge of debt or obligation. Every banknote issued by Reserve Bank of India (₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500 and ₹2000), unless withdrawn from circulation, shall be legal tender at any place in India in payment or on account for the amount expressed therein, and shall be guaranteed by the Central Government, subject to provisions of sub-section (2) Section 26 of RBI Act, 1934. ₹1 notes issued by Government of India are also Legal Tender. ₹500 and ₹1000 banknotes of Mahatma Gandhi series issued up to November 08, 2016 have ceased to be Legal Tender with effect from the midnight of November 8, 2016.

  19. Who has been appointed as the director general of the Indian Institute of Mass Communication for a period of three years?
    A) Mukesh Kumar
    B) Sanjay Dwivedi
    C) Yogesh Khanna
    D) Suraj Sinha
    View Answer
    Option B
    Explanation:
    Sanjay Dwivedi was appointed the director general of the Indian Institute of Mass Communication for a period of three years.

  20. Where is Tso Lhamo Lake located?
    A) Manipur
    B) Assam
    C) Mizoram
    D) Sikkim
    View Answer
    Option D
    Explanation:
    Tso Lhamo lake or Chho Lhamo or Cholamu lake or Cholamoo lake is one of the highest lakes in the world.

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