GA Revision for SBI Clerk and other exams – 908

  1. What is the theme of this year’s World Accreditation Day?
    A) Accreditation: Improving Food Safety
    B) Accreditation Adds value to supply chains
    C) Accreditation delivers a safe world
    D) Delivering confidence in construction and the built environment
    View Answer
    Option A
    Explanation:
    Every year, 9 June marks World Accreditation Day as a global initiative, jointly established by the International Accreditation Forum (IAF) and the International Laboratory Accreditation Cooperation (ILAC), to raise awareness of the importance of accreditation.The theme for WAD 2020 is “Accreditation: Improving Food Safety”.

  2. The setting up of White Label ATMs is authorized under which Act?
    A) Banking Regulation Act, 1949
    B) Payment and Settlement Systems Act, 2007
    C) Reserve Bank of India Act,1934
    D) Negotiable Instrument Act, 1881
    View Answer
    Option B

  3. Who has become the first Indian actor to lend his voice to the tech giant Amazon’s assistant device Alexa starting 2021?
    A) Anil Kapoor
    B) Amitabh Bachchan
    C) Varun Dhawan
    D) Tiger Shroff
    View Answer
    Option B
    Explanation:
    Amazon announced that the Bollywood star Amitabh Bachchan will lend his voice to the tech giant’s assistant device Alexa starting next year.
    He will be the first Indian actor to voice the Amazon artificial intelligence gadget. The new feature will be available for India.

  4. Where is the multinational software corporation SAP based?
    A) Germany
    B) Italy
    C) France
    D) Denmark
    View Answer
    Option A

  5. Which public sector bank introduced “KCC (Kisan Credit Card) Review option” on its digital agricultural solution platform to enable farmers to access their KCC limit in four clicks?
    A) Indian Overseas Bank
    B) Bank of Baroda
    C) State Bank of India
    D) Canara Bank
    View Answer
    Option C
    Explanation:
    State Bank of India (SBI) has introduced “KCC (Kisan Credit Card) Review option” on its digital agricultural solution platform, YONO Krishi, to enable farmers to access their KCC limit in four clicks.

  6. Which country has become the first in the world to issue a sovereign bond linked to the sustainable development goals set by the United Nations?
    A) Egypt
    B) Libya
    C) Mexico
    D) Portugal
    View Answer
    Option C
    Explanation:
    Mexico became the first country in the world to issue a sovereign bond linked to the sustainable development goals set by the United Nations, raising EUR 750 million ($890 million).

  7. Which institute has developed a first-of-its-kind UVGI-based room disinfection device ‘UVSAFE’?
    A) IIT Ropar
    B) IIT Ranchi
    C) IIT Delhi
    D) IIT Roorkee
    View Answer
    Option A
    Explanation:
    The Indian Institute of Technology (IIT), Ropar, said it has developed a first-of-its-kind UVGI-based room disinfection device ‘UVSAFE’, which harnesses the germicidal effects of UV-C radiations to inactivate viruses and bacteria including corona viruses.

  8. What does M stands for in QSAM with respect to Aadhar based payments?
    A) Manager
    B) Merge
    C) Mapper
    D) Maintain
    View Answer
    Option C
    Explanation:
    Query Service on Aadhaar Mapper (QSAM).

  9. Which company is going to the partner company in the US operations of ByteDance’s TikTok video service?
    A) Oracle
    B) Microsoft
    C) IBM
    D) SAP
    View Answer
    Option A
    Explanation:
    ByteDance has chosen Oracle as a US partner for its popular TikTok video service, a decision that comes as a deadline for a ban of the popular app draws near.

  10. Which state/UT government signed a Memorandum of Understanding (MoU) with Bloomberg Philanthropies, joining 30 world cities in the initiative for global road safety?
    A) Kerala
    B) Punjab
    C) Uttar Pradesh
    D) Delhi
    View Answer
    Option D
    Explanation:
    The Delhi government, in a bid to enhance road safety in the national capital signed a Memorandum of Understanding (MoU) with Bloomberg Philanthropies, joining30 world cities in the initiative for global road safety.

  11. In September 2020, National Bank for Agriculture and Rural Development (NABARD) gave in-principle sanction worth how much amount of proposals received from agri-credit societies in 22 states?
    A) Rs 1,487 crore
    B) Rs 1,568 crore
    C) Rs 1,832 crore
    D) Rs 1,905 crore
    View Answer
    Option B
    Explanation:
    The National Bank for Agriculture and Rural Development (NABARD) has given in-principle sanction for Rs 1,568 crore worth of proposals received from agri-credit societies in 22 states under the recently launched Rs 1 lakh crore Agri Infrastructure Fund.

  12. NSE joined hands with which institute to offer platform for investor education?
    A) IIM Ahmedabad
    B) IIM Indore
    C) IIM Bangalore
    D) IIM Kozhikode
    View Answer
    Option C
    Explanation:
    The National Stock Exchange (NSE) announced the launch of a digital learning platform for investor education. The platform, an online investor education resource centre, has been developed jointly by NSE Investor Protection Fund Trust and IIM Bangalore.

  13. Bhatnagar award is given for which of the following field?
    A) Medical Science
    B) Music
    C) Math
    D) Science
    View Answer
    Option D

  14. SBI General Insurance has signed a corporate agency agreement with which bank for the distribution of the general insurer’s retail products to customers of the bank?
    A) Lakshmi Vilas Bank
    B) YES Bank
    C) HDFC Bank
    D) South Indian Bank
    View Answer
    Option B
    Explanation:
    SBI General Insurance and YES Bank have signed a corporate agency agreement for the distribution of the general insurer’s retail products to customers of the private sector lender.

  15. The Energy and Resources Institute (TERI) in association with National Disaster Management Authority (NDMA) launched flood and heavy rain warning system for which city in August 2020?
    A) Guwahati
    B) Kolkata
    C) Bhubaneshwar
    D) Chennai
    View Answer
    Option A
    Explanation:
    The Energy and Resources Institute (TERI) and National Disaster Management Authority (NDMA) have launched a Flood Early Warning System (FEWS) for Guwahati to alert local authorities about flash floods and/or heavy rainfall.

  16. What is the deadline given by the RBI to the banks to fully automate NPA classification and provisioning calculation process?
    A) March 30, 2021
    B) August 31, 2021
    C) June 30, 2021
    D) December 31, 2020
    View Answer
    Option C
    Explanation:
    The Reserve Bank of India has mandated banks to fully automate NPA classification and provisioning calculation process.
    All borrower accounts will be covered under the new regime. Lenders will have time till to complete this process.

  17. How many sub-categories are there in Special Mention Accounts (SMA)?
    A) 2
    B) 3
    C) 4
    D) 5
    View Answer
    Option B
    Explanation:
    SMA-0 => Principal or interest payment not overdue for more than 30 days.
    SMA-1 => Principal or interest payment overdue between 31-60 days
    SMA-2 => Principal or interest payment overdue between 61-180 days

  18. NITI Aayog partnered with which of the following to launch Artificial Intelligence (AI)-based module for school students?
    A) ASSOCHAM
    B) NABARD
    C) Confederation of Indian Industry
    D) Nasscom
    View Answer
    Option D
    Explanation:
    Niti Aayog’s Atal Innovation Mission (AIM) in collaboration with IT industry body Nasscom launched an artificial intelligence-based module for school students to empower youngest minds and drive innovations in the country to the next level.

  19. Someshwara Wildlife Sanctuary is situated in which of the following Indian state?
    A) Karnataka
    B) Andhra Pradesh
    C) Odisha
    D) Tamil Nadu
    View Answer
    Option A

  20. According to the Asian Development Bank, India’s economy will contract by how much percent in the 2020-’21 financial year?
    A) 8%
    B) 7%
    C) 10%
    D) 9%
    View Answer
    Option D
    Explanation:
    The Asian Development Bank has said that India’s economy will contract by 9% in the 2020-’21 financial year.

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