GA Revision for SBI Clerk and other exams – 905

  1. Who has been named EY World Entrepreneur Of The Year 2020 for her contribution in improving universal access to affordable life-saving medicine?
    A) Satya Nadella
    B) N Murthy
    C) Uday Kotak
    D) Kiran Mazumdar-Shaw
    View Answer
    Option D
    Explanation:
    Kiran Mazumdar-Shaw, Executive Chairperson of Biocon, has been named EY World Entrepreneur Of The Year 2020 for her contribution in improving universal access to affordable life-saving medicine and transforming the world in one of its kind virtual entrepreneurship award ceremony.

  2. What does S stands for in PSP with respect to UPI?
    A) Software
    B) Service
    C) System
    D) Synchronized
    View Answer
    Option C
    Explanation:
    PSP- Payment System Player . The bank which provides UPI.

  3. Where is the HQ of Tata AIA Life?
    A) Lucknow
    B) NewDelhi
    C) Chennai
    D) Mumbai
    View Answer
    Option D

  4. Private players will begin rail passenger services in India by?
    A) July 2023
    B) April 2023
    C) July 2022
    D) April 2022
    View Answer
    Option B
    Explanation:
    Private players will begin rail passenger services by April 2023, and they will run only five per cent of the Railways’ total mail and express trains.

  5. How many Indian Institute made to the THE Asia University Ranking 2020 by Time Higher Education (THE)?
    A) 8
    B) 9
    C) 7
    D) 12
    View Answer
    Option A
    Explanation:
    Time Higher Education (THE) has announced the THE Asia University Rankings 2020. 56 Indian institutes participated in the rankings this year out of which eight have made it to the top 100.

  6. Which state govt. announced a monthly stipend of Rs 3,000 to newly enrolled junior lawyers for next two years?
    A) Tamil Nadu
    B) Telangana
    C) Madhya Pradesh
    D) Punjab
    View Answer
    Option A
    Explanation:
    Tamil Nadu chief minister K Palaniswami announced a monthly stipend of Rs 3,000 to newly enrolled junior lawyers for two years to help them overcome financial difficulties in pursuit of their profession.

  7. Who has written a new collection of short stories ‘Grandparents’ Bag of Stories’?
    A) Sudha Murty
    B) Kiran Desai
    C) Anita Nair
    D) Jhumpa Lahiri
    View Answer
    Option A
    Explanation:
    On the 70th birthday of award-winning author Sudha Murty, publishing house Penguin Random House India announced her latest collection of short stories, Grandparents’ Bag of Stories.

  8. Which of the following cannot be used for fund transfer through IMPS?
    A) Using Mobile number & MMID
    B) Using Aadhaar number
    C) Using Virtual Private Address
    D) Using Account number & IFS Code
    View Answer
    Option C
    Explanation:
    Facility of VPA is available in UPI.

  9. Headquarter of MUDRA Bank is situated in____?
    A) Chennai
    B) New Delhi
    C) Hyderabad
    D) Noida
    View Answer
    Option B
    Explanation:
    Micro Units Development and Refinance Agency Bank (MUDRA Bank) is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. It was launched by Prime Minister Narendra Modi on 8 April 2015.

  10. The Union Govt. launched a scheme called Pradhan Mantri Formalisation of Micro Food Enterprises (PM FME) in July 2020. What is the outlay for the scheme?
    A) Rs 30,000 cr
    B) Rs 40,000 cr
    C) Rs 10,000 cr
    D) Rs 20,000 cr
    View Answer
    Option C
    Explanation:
    The government launched a Rs 10,000 crore scheme for micro enterprises which offers 50% subsidy for storage and transportation to prevent distress sale by farmers.
    The scheme will be implemented for five years until 2024-25. It will generate investment of Rs 35,000 core, generate 900,000 jobs and help 800,000 units.

  11. Pradeep Chhibber and who other is the author of the book titled ‘India Tomorrow: Conversations with the Next Generation of Political Leaders’?
    A) Keerat Irani
    B) Arjun Rai
    C) Deepak Kumar
    D) Harsh Shah
    View Answer
    Option D
    Explanation:
    The book titled “India Tomorrow: Conversations with the Next Generation of Political Leaders”, has been released recently. It is written by academicians Pradeep Chhibber and Harsh Shah and published by Oxford University Press (OUP).

  12. Which country is set to become the first in the world to phase-out of coal as an energy source?
    A) Italy
    B) Spain
    C) Germany
    D) The Netherlands
    View Answer
    Option C
    Explanation:
    German lawmakers have finalized the country’s long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn’t ambitious enough and free marketeers criticise as a waste of taxpayers’ money.

  13. In the ‘National Strategy for Financial Education 2020-2025’ (NSFE), released by the Reserve Bank of India (RBI), RBI has come out with a ‘5-Core Actions’ approach for promoting financial education. Which of the following is not one of the ‘C’ in these 5-core actions?
    A) Content
    B) Communication
    C) Capacity
    D) Course
    View Answer
    Option D
    Explanation:
    The ‘National Strategy for Financial Education 2020-2025’ (NSFE), released by the RBI, has suggested a multi-stakeholder-led approach for creating a financially aware and empowered India.
    The five Cs, outlined by the strategy paper, are: Content, Capacity, Community, Communication and Collaboration. Strengthening financial inclusion in the country has been one of the important developmental agendas of both the Government of India and the four financial sector regulators (RBI, SEBI, IRDAI and PFRDA).

  14. The International Organization for Migration is an intergovernmental organization that provides services and advice concerning migration to governments and migrants. Where is the hq of International Organization for Migration is situated?
    A) New York
    B) Paris
    C) Geneva
    D) London
    View Answer
    Option C
    Explanation:
    Founded in 1951

  15. A __________ is one where loss has been identified by the bank or internal or external auditors or the RBI inspection but the amount has not been written off wholly.
    A) Standard Asset
    B) Loss Asset
    C) By-stand Asset
    D) Loan Asset
    View Answer
    Option B
    Explanation:
    A loss asset is one where loss has been identified by the bank or internal or external auditors or the RBI inspection but the amount has not been written off wholly. In other words, such an asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted although there may be some salvage or recovery value.

  16. Which Indian institute broken into the global top 50 Executive MBA (EMBA) Rankings by QS (Quacquarelli Symonds) this year taking 36th position?
    A) MDI Gurgaon
    B) XLRI Xavier School of Management
    C) IIM Indore
    D) IIM Banglore
    View Answer
    Option B
    Explanation:
    From 61st position last year, the Indian Institute of Management (IIM) Bangalore has broken into the global top 50 Executive MBA (EMBA) Rankings by QS (Quacquarelli Symonds) this year at 36th position.
    However, the Executive MBA sector is still one dominated by institutions in the United States (US) and United Kingdom (UK) with 62 of the 141 single-provider programs ranked are offered by American or British providers.

  17. Who has been appointed as the Director General of Cellular Operators Association of India (COAI)?
    A) Rajan Mathews
    B) Ajay Puri
    C) Ravinder Takkar
    D) SP Kochhar
    View Answer
    Option D
    Explanation:
    Cellular Operators Association of India (COAI) has appointed SP Kochhar as its new Director General (DG), after Rajan Mathews quitting the position, after a decade of service.

  18. According to Bridge To India’s India Renewable Energy CEO survey report 2020, how much renewable energy capacity will India add in the next 5 years?
    A) 50 GW
    B) 60 GW
    C) 90 GW
    D) 80 GW
    View Answer
    Option B
    Explanation:
    India is expected to add only 60GW of renewable energy capacity in the next 5 years, according to Bridge To India’s India Renewable Energy CEO survey report 2020.
    This is very low, at 12GW per annum. The government wants to achieve 175GW by 2022 and 450GW by 2030.

  19. Which Indian Tennis Player won the PSD Bank Nord Open trophy in Germany, becoming the 1st India to do so?
    A) Vijay Amritraj
    B) Sumit Nagal
    C) Mahesh Bhupathi
    D) Somdev Devvarman
    View Answer
    Option B

  20. Where is the capital city of Armenia?
    A) Suva
    B) Warsaw
    C) Tirana
    D) Yerevan
    View Answer
    Option D
    Explanation:
    Currency- Dram

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