GA Revision for SBI Clerk and other exams – 911

  1. In August 2020, the Reserve Bank of India (RBI) permitted whom to invest in debt instruments through mutual funds without allocating additional charges?
    A) Banks
    B) Non-Bank Financial Institutions
    C) Housing Finance Companies
    D) Financial Services Companies
    View Answer
    Option A
    Explanation:
    RBI has permitted banks to invest in debt instruments through mutual funds or exchange traded funds without allocating additional charges.

  2. Identify the true statement with respect to IMPS?
    A) The charges for remittance through IMPS are decided by NPCI
    B) In IMPS once a payment is initiated it cannot be stopped
    C) IMPS service is not available on Sunday
    D) All are true
    View Answer
    Option B

  3. What is the rank of India in the Sustainable Development Goal (SDG) Index 2020?
    A) 112nd
    B) 119th
    C) 117th
    D) 118th
    View Answer
    Option C
    Explanation:
    India has been ranked at 117th position in the Sustainable Development Goal (SDG) Index 2020. The Sustainable Development Goals and Covid-19”, comprising of SDG index 2020, there will be severe negative impacts on most of the United Nations (UN)-mandated Sustainable Development Goals (SDGs) due to COVID-19 pandemic.
    The index has been topped by Sweden, Denmark followed by Finland.

  4. According to a report by Asian Development Bank, Asia-Pacific may see remittance losses of how much amount due the Coronavirus pandemic?
    A) $47.4-62.8 billion
    B) $31.4-62.8 billion
    C) $47.4-54.3 billion
    D) $31.4-54.3 billion
    View Answer
    Option D
    Explanation:
    Asia Pacific, which accounts for a third of the global migrant workforce, is likely to face remittance losses of USD 31.4-54.3 billion due to the coronavirus pandemic, the Asian Development Bank (ADB) said in a report.

  5. Daranghati wildlife sanctuary is located in which of the following Indian state?
    A) Bihar
    B) Himachal Pradesh
    C) J&K
    D) Haryana
    View Answer
    Option B

  6. Which country has topped the Sustainable Development Goal (SDG) Index 2020?
    A) Switzerland
    B) France
    C) Denmark
    D) Sweden
    View Answer
    Option D

  7. How much amount has been released by the central government to the states under a scheme to promote mechanization in the agriculture sector?
    A) Rs 376 crore
    B) Rs 553 crore
    C) Rs 872 crore
    D) Rs 619 crore
    View Answer
    Option B
    Explanation:
    The Centre has released Rs 553 crore to states under a scheme to promote mechanization in the agriculture sector.

  8. What is the rank of India in the “INFORM Report 2020: Shared evidence for managing crises and disasters”?
    A) 31st
    B) 22nd
    C) 28th
    D) 35th
    View Answer
    Option A
    Explanation:
    India has ranked at 31st place with an inform risk of 5.4, means risk of humanitarian crises and disasters at the “INFORM Report 2020: Shared evidence for managing crises and disasters” released by research centre INFORM, operating under the European Commission (EU).
    North Korea ranks among the most dangerous places to live as its people are exposed to high risks of natural disaster, poverty and social injustice. North Korea was rated as the 39th most dangerous place.

  9. Which government announced new Electric Policy in which it will given an incentive of up to ₹1.5 lakh for new cars?
    A) Andhra Pradesh
    B) Delhi
    C) Goa
    D) Assam
    View Answer
    Option B
    Explanation:
    The Arvind Kejriwal government in Delhi launched the Electric Vehicle Policy for the national capital under which the AAP government will waive registration fee, road tax, and provide an incentive of up to ₹1.5 lakh for new cars.

  10. Which Indian boxer has made to the first spot in the rankings released by Amateur International Boxing Association (AIBA) in July 2020?
    A) Amit Panghal
    B) Manish Kaushik
    C) Akhil Kumar
    D) Vijender Singh
    View Answer
    Option A
    Explanation:
    Indian boxer and World Championship silver medallist Amit Panghal has climbed up the leaderboard to the first spot in the rankings released by Amateur International Boxing Association (AIBA), after a gap of almost 18 months.He competed in the 52 kg categories and one of the finest boxers in the Indian contingent.
    In the rankings, Mary Kom is world no.3. Also, World silver medallist Manju Rani (48kg) is at second spot.

  11. Mobile app named “Awaz-e-Rajouri” has been launched in the district of which state/UT?
    A) New Delhi
    B) Uttar Pradesh
    C) Jammu and Kashmir
    D) Odisha
    View Answer
    Option C
    Explanation:
    In order to improve public Grievances redressal mechanism, Deputy Commissioner of Rajouri in Jammu and Kashmir, Nazir Sheikh, has launched a mobile app “Awaz-e-Rajouri”. The launch of mobile app would improve public grievances mechanism.

  12. The promoter’s minimum initial contribution to the paid-up equity capital of small finance bank should be at least _____ per cent?
    A) 60 %
    B) 40 %
    C) 20 %
    D) 10 %
    View Answer
    Option B
    Explanation:
    The promoter’s minimum initial contribution to the paid-up equity capital of such small finance bank shall at least be 40 per cent and gradually brought down to 26 per cent within 12 years from the date of commencement of business of the bank.

  13. Chandrapura Thermal power plant situated in___/
    A) Uttar Pradesh
    B) Uttarakhand
    C) Odisha
    D) Jharkhand
    View Answer
    Option D

  14. Which organization adopted a new branding and visual identity on its 100-year milestone at the subsequent games?
    A) All India Tennis Association
    B) Paralympic Committee of India
    C) Indian Olympic Association
    D) All India Chess Federation
    View Answer
    Option C
    Explanation:
    The Indian Olympic Association (IOA) adopted a new branding and visual identity, including an institutional and a commercial logo, to celebrate a century of participation of the country’s athletes at the Summer Olympics.

  15. Khadi and Village Industries Commission (KVIC) announced the opening of its first of its kind Training cum Production Center of Silk in which state?
    A) Arunachal Pradesh
    B) Gujarat
    C) Maharashtra
    D) Karnataka
    View Answer
    Option A
    Explanation:
    The far-flung tribal village of Chullyu in Arunachal Pradesh will soon be bustling with spinning and weaving activities with Khadi and Village Industries Commission (KVIC) set to open the first of its kind Training cum Production Center of Silk in the State.

  16. Which ministry of the union govt. has partnered with the US Agency for International Development (USAID) to increase India- US collaboration for clean energy development?
    A) Ministry of Power
    B) Ministry of Petroleum and Natural Gas
    C) Department of Atomic Energy
    D) Ministry of New and Renewable Energy
    View Answer
    Option D
    Explanation:
    The US Agency for International Development (USAID) and India’s ministry of new and renewable energy (MNRE) have announced the launch of a new partnership to increase India- US collaboration for clean energy development.

  17. Who has been appointed as the Chairman of the committee by the central government for determination of ceiling rates under a scheme for reimbursement of taxes and duties to exporters?
    A) Sanjay Kumar Sharma
    B) Anil Bhan
    C) G K Pillai
    D) Suraj Chakraborty
    View Answer
    Option C
    Explanation:
    The government has constituted a three-member committee for determination of ceiling rates under a scheme for reimbursement of taxes and duties to exporters.
    The committee would be chaired by Secretary (retd) G K Pillai.

  18. Elena Vesnina is a tennis player of which country?
    A) Brazil
    B) Switzerland
    C) Germany
    D) Russia
    View Answer
    Option D

  19. Which of the following companies has launched voice-based services for its investors with Google Assistant?
    A) ICICI Prudential Mutual Fund
    B) L&T Mutual Fund
    C) Aditya Birla Sun Life Mutual Fund
    D) Reliance Mutual Fund
    View Answer
    Option C
    Explanation:
    Aditya Birla Sun Life AMC has launched voice-based services for its investors with Google Assistant.

  20. On the occasion of Handloom Day on 7th August, Union Minister Smriti Irani launched which portal for individual weavers and organisations to get benefitted of the various schemes of the government?
    A) Handloom India
    B) My Handloom
    C) Handloom for All
    D) Handloom Industry
    View Answer
    Option B
    Explanation:
    On the occasion of the 6th National Handloom Day, Smt Smriti Irani launched the Mobile App & Backend Website for Handloom Mark Scheme (HLM).
    She also inaugurated the ‘My Handloom’ portal for individual weavers and organisations for applying for various benefits under government schemes, handloom marketing assistance and awards.

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