GA Revision for SBI Clerk and other exams – 910

  1. According to the changes in foreign direct investment (FDI) rules notified by the finance ministry, NRI’s can now acquire how much percent stake in Air India?
    A) 99%
    B) 100%
    C) 49%
    D) 70%
    View Answer
    Option B
    Explanation:
    The finance ministry has notified changes in foreign direct investment (FDI) rules which permit non-resident Indians (NRIs) to acquire upto 100% in Air India.

  2. Identify the false statement with respect to IMPS?
    A) The customer needs to have a bank account with the bank which has enabled IMPS facility
    B) Customer should enroll for Mobile Banking Service
    C) The customer cannot link the same mobile number to more than one account
    D) The bank will allocate a Mobile Money Identifier (MMID) for each account of the mobile banking customers
    View Answer
    Option C
    Explanation:
    The customer can link the same mobile number to more than one account subject to feasibility provided by the bank. For this the bank will allocate a Mobile Money Identifier (MMID) for each account of the mobile banking customers. The customer can select the account using this MMID allocated to him / her.

  3. The Finance Ministry sanctioned proposals worth how much amount under the special liquidity scheme to stressed NBFCs and HFCs?
    A) Rs 3,700 crore
    B) Rs 5,800 crore
    C) Rs 8,200 crore
    D) Rs 6,400 crore
    View Answer
    Option D
    Explanation:
    The Finance Ministry said 15 proposals worth Rs 6,400 crore of stressed NBFCs and HFCs have been sanctioned under the special liquidity scheme announced as part of the Rs 20.97 lakh crore ‘Aatmanirbhar Bharat’ package.

  4. Hemis National Park situated in which of the following state?
    A) Haryana
    B) J&K
    C) Uttarakhand
    D) Maharashtra
    View Answer
    Option B

  5. What is the extended deadline after which hallmarking of Gold Jewellery will be mandatory?
    A) March 31, 2021
    B) May 1, 2021
    C) November 30, 2021
    D) June 1, 2021
    View Answer
    Option D
    Explanation:
    In view of the coronavirus pandemic, the government announced the extension of a deadline for mandatory hallmarking of gold jewellery and artefacts by over four months till June 1, 2021.
    Accordingly, from June 1 next year, jewellers will be allowed to sell only 14, 18 and 22 carats of gold jewellery.

  6. What is the theme of International Day of the World’s Indigenous Peoples for the year 2020?
    A) COVID-19 and Indigenous Languages
    B) COVID-19 and Indigenous peoples’ resilience
    C) COVID-19 and ‘Indigenous peoples’ migration and movement’
    D) COVID-19 and Rights of Indigenous People
    View Answer
    Option B
    Explanation:
    The International Day of the World’s Indigenous Peoples is observed on 9 August each year to raise awareness and protect the rights of the world’s indigenous population.
    This year’s theme is ‘COVID-19 and indigenous peoples’ resilience’.

  7. According to a survey by Randstad Employer Brand Research (REBR) 2020, which company has been named as the most attractive employer brand in India?
    A) Amazon
    B) Samsung
    C) Microsoft
    D) Google
    View Answer
    Option C
    Explanation:
    According to Randstad Employer Brand Research (REBR) 2020,Technology giant Microsoft India has emerged as the country’s most attractive employer brand, followed by Samsung India and Amazon India in the second and third place, respectively, says a survey.

  8. Which institute has bagged the ‘Gandhian Young Technological Innovation Awards 2020’ for developing a mechanism for generating electricity from wet clothes left under sunlight to dry?
    A) IIT Kanpur
    B) IIT Jammu
    C) IIT Kharagpur
    D) IIT Jodhpur
    View Answer
    Option C
    Explanation:
    A group of researchers from IIT Kharagpur has conferred the ‘Gandhian Young Technological Innovation Awards 2020’ for developing a mechanism for generating electricity from wet clothes left under sunlight to dry.

  9. Where is the capital city of Turkmenistan
    A) Ankara
    B) Taipei
    C) Ashgabat
    D) Doha
    View Answer
    Option C
    Explanation:
    Currency- Manat

  10. Which mutual funds provider has launched ‘Any Day SIP’ feature in is schemes?
    A) Quatum Mutual
    B) Kotal Mutual Fund
    C) Motilal Oswal
    D) Sundaram Mutual
    View Answer
    Option D
    Explanation:
    Sundaram Mutual has introduced ‘Any Day SIP’ feature in all open-ended schemes of the fund house, except in liquid schemes.

  11. Under the initiative called ‘Flipkart Samarth’, the ecommerce company Flipkart has signed a memorandum of understanding (MoU) with the One District, One Product (ODOP) scheme of which state to bring artisans, weavers and craftsmen of the state into mainstream business?
    A) Madhya Pradesh
    B) Jharkhand
    C) West Bengal
    D) Uttar Pradesh
    View Answer
    Option D
    Explanation:
    E-commerce marketplace Flipkart has signed a memorandum of understanding (MoU) with the One District, One Product (ODOP) scheme of the Uttar Pradesh government to bring artisans, weavers and craftsmen into mainstream business.

  12. Indo-Nepal Remittance Facility comes under which type of transfer mechanism?
    A) RTGS
    B) NEFT
    C) IMPS
    D) None of these
    View Answer
    Option B
    Explanation:
    Indo-Nepal Remittance Facility is a cross border remittance scheme to transfer funds from India to Nepal, enabled under the NEFT scheme.

  13. Name the AI-powered conversational voice BOT launched by Axis Bank for Interactive Voice Response (IVR)?
    A) AXAA
    B) AXIIS
    C) ASXA
    D) ASAA
    View Answer
    Option A
    Explanation:
    Private sector lender Axis Bank unveiled as Automated Voice Assistant ‘AXAA’, which is an artificial intelligence-powered conversational voice BOT.

  14. FSSAI (Food Safety and Standards Authority of India) has signed an agreement with which of the following for collaborative research and information dissemination in the area of food and nutrition?
    A) Council of Scientific & Industrial Research
    B) Delhi Pharmaceutical Sciences and Research University
    C) Tata Institute of Fundamental Research
    D) Indian Council of Agricultural Research
    View Answer
    Option A
    Explanation:
    An agreement was signed between CSIR and FSSAI for collaborative research and information dissemination in the area of food and nutrition.

  15. How much amount has been sanctioned by banks as concessional credit to 1.1 crore Kisan Credit Card (KCC) holders?
    A) Rs 90,000 crore
    B) Rs 30,000 crore
    C) Rs 70,000 crore
    D) Rs 50,000 crore
    View Answer
    Option A
    Explanation:
    Finance Minister Nirmala Sitharaman said banks have sanctioned Rs 89,810 crore to about 11 million Kisan Credit Card (KCC) holders to help farmers meet finances for kharif sowing and allied activities.

  16. Ekuverin Joint military exercise started between India and___?
    A) Thailand
    B) Maldives
    C) Indonesia
    D) Russia
    View Answer
    Option B

  17. In August 2020, the Reserve Bank of India (RBI) barred banks from opening which accounts for customers who have availed cash credit or overdraft facilities?
    A) Saving Accounts
    B) Pradhan Mantri Jan Dhan Accounts
    C) Current Accounts
    D) Fixed Deposits
    View Answer
    Option C
    Explanation:
    The Reserve Bank of India has barred banks from opening current accounts for customers who have availed cash credit or overdraft facilities, with a view to improve credit discipline.

  18. Leh and which other city have been chosen to be developed as smart cities in Ladakh?
    A) Padum
    B) Hemis
    C) Kargil
    D) Alchi
    View Answer
    Option C
    Explanation:
    The Centre will develop Leh and Kargil as smart cities in the newly-formed union territory of Ladakh.

  19. In August 2020, which player along with Mahendra Singh Dhoni announced retirement from International Cricket?
    A) Yuvraj Singh
    B) Suresh Raina
    C) KL Rahul
    D) Rohit Sharma
    View Answer
    Option B
    Explanation:
    Former Indian Cricket Team Skipper Mahendra Singh Dhoni announced his retirement from International Cricket. In a social media post, he thanked everyone for their immense support and love throughout his career.
    Suresh Raina, another Indian Cricketer has also announced his retirement from International Cricket.

  20. Where is International Centre for Automotive Technology (ICAT) situated?
    A) Jaipur
    B) Gurgaon
    C) Gandhinagar
    D) Lucknow
    View Answer
    Option B

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