GA Revision for SBI Clerk and other exams

Which country has launched Indo-Pacific strategy with ‘key role’ for India?
A) Finland
B) Britain
C) Germany
D) USA

View Answer
Option C
Explanation: Germany, current EU president and Europe’s biggest economy, has launched its Indo-Pacific strategy with India that is expected to play a key role in Berlin’s outreach in the region where China’s aggressive foreign policy has rattled countries.
Where is the HQ of Equitas Small Finance Bank situated?
A) Puri
B) Chennai
C) Cuttack
D) Hyderabad

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Option B
Name the India’s first business-to-business (B2B) cryptocurrency trading exchange which began its trading operations in October 2020?
A) DigitX
B) Unocoin
C) Zebpay
D) CoinDesk

View Answer
Option A
Explanation: DigitX, India’s first business-to-business (B2B) cryptocurrency trading exchange, began its trading operations.
DigitX aims to deliver transparent and secure model with its network of trusted links in a first of its kind industry initiative to instill trust and confidence in its investors and traders of cryptocurrency.
Which of the following is set to enter online insurance business with the launch of portal called PayBima?
A) Berkeley Insurance Brokers
B) Alankit Insurance Brokers
C) Unicorn Insurance Brokers
D) Mahindra Insurance Brokers

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Option D
Explanation: Mahindra Finance is set to enter the business of online insurance broking giving digital services to the customers of its insurance brokerage subsidiary, Mahindra Insurance Brokers, through a soon-to-be launched portal called PayBima.
The new portal would play a role in the transformation of Mahindra’s insurance broking services to a “phygital” model.
Which company announced the creation of an AI centre of excellence in partnership with the government e-marketplace during the inaugural session of RAISE 2020 virtual summit?
A) Capgemini
B) IBM
C) Oracle
D) Hewlett-Packard (HP)

View Answer
Option A
Explanation: IBM announced the creation of an AI centre of excellence in partnership with the government e-marketplace during the inaugural session of RAISE 2020 virtual summit.
Which state government signed MoUs with Netherlands and 7 firms on food processing and marketing?
A) Odisha
B) Madhya Pradesh
C) Andhra Pradesh
D) Telangana

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Option C
Explanation: The Andhra Pradesh State government signed Memoranda of Understanding (MoUs) with the Netherlands government and seven companies in food processing, marketing and technologies, to benefit the horticulture and aquaculture farmers across the State.
What does S stands for in BBPS?
A) System
B) Service
C) Software
D) Symbol

View Answer
Option A
Explanation: Bharat Bill Payment System (BBPS).
Which bank has partnered with Vistara to launch a co-branded forex card to cater the needs of international travellers?
A) Federal Bank
B) Axis Bank
C) DCB Bank
D) HDFC Bank

View Answer
Option B
Explanation: Axis Bank has partnered with Vistara to launch a co-branded forex card ‘Axis Bank Club Vistara Forex Card’. This is also the first-ever collaboration by a bank and an Indian airline for a co-branded forex card.
Where is the headquarters of Asian Clearing Union (ACU) situated?
A) Brussels, Belgium
B) Bern, Switzerland
C) Tehran, Iran
D) Nay Pyi Taw, Myanmar

View Answer
Option C
Explanation: The main objectives of the clearing union are to facilitate payments among member countries for eligible transactions, thereby economizing on the use of foreign exchange reserves and transfer costs, as well as promoting trade and banking relations among the participating countries.
Members: India, Bangladesh, Bhutan, Maldives, Myanmar, Nepal, Pakistan, Sri Lanka and Iran.
In which state is an awareness cum sensitization programme for newly proposed Farmer Producer Organizations (FPO) was organized by NABARD in coordination with District Administration?
A) Himachal Pradesh
B) Jammu and Kashmir
C) Bihar
D) Jharkhand

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Option B
Explanation: An awareness cum sensitization programme for newly proposed Farmer Producer Organizations (FPO) was organized by NABARD in coordination with District Administration in Anantnag, J & K.
Finance Minister Nirmala Sitharaman launched which bank’s programme called ‘MSME Prerana’ which is an online business mentoring programme for MSMEs?
A) Indian Bank
B) Vijaya Bank
C) Indian Overseas Bank
D) Bank of India

View Answer
Option A
Explanation: Finance Minister Nirmala Sitharaman launched ‘MSME Prerana’ which is an online business mentoring programme for MSMEs launched by the public lender Indian Bank.
What is the name given to the rebranded version of the Vodafone and Idea Cellular merged operations?
A) Id
B) Iv
C) Va
D) Vi

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Option D
Explanation: Two years after Vodafone and Idea Cellular merged operations to form Vodafone Idea Ltd (VIL), the operator has rebranded its services as ‘Vi’ (read as ‘we’), as it starts afresh in a highly competitive telecom market.
In 1969, those banks were nationalized whose reserves were more than ____?
A) Rs 10 crore
B) Rs 50 crore
C) Rs 100 crore
D) Rs 500 crore

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Option B
Which institute will launch an e-learning hub and library as a pilot project for villagers in Mavoor, one of the five villages adopted by the institute under Unnat Bharat Abhiyan (UBA)?
A) IIM Lucknow
B) IIM Calcutta
C) IIM Kozhikode
D) IIM Indore

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Option C
Explanation: The Indian Institute of Management Kozhikode will soon be launching an e-learning hub and library as a pilot project for villagers in Mavoor, one of the five villages adopted by the institute under Unnat Bharat Abhiyan (UBA).
Which state’s Rural Livelihoods Mission signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to link the Self-Help Groups (SHGs) and Producer Groups/ Enterprises?
A) Nagaland
B) Manipur
C) Tripura
D) Assam

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Option D
Explanation: Assam State Rural Livelihoods Mission (ASRLM) signed a Memorandum of Understanding (MoU) with North East Small Finance Bank (NESFB) to work in cohesion in support of Bank Linkage of the Self-Help Groups (SHGs) and Producer Groups/ Enterprises under ASRLM. ASRLM is the first amongst all the State Livelihood Missions to initiate the signing of MoU with the new generation small finance banks.
Nashik is situated on the banks of which river?
A) Savitri
B) Godavari
C) Krishna
D) Kaveri

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Option B
Indian Sign Language Research and Training Center and NCERT signed an MoU to make education materials accessible for Deaf children in their preferred format of communication, Indian Sign Language. Where is the headquarters of Indian Sign Language Research and Training Center situated?
A) Pune
B) Delhi
C) Mumbai
D) Gurugram

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Option B
Explanation: A historic Memorandum of Understanding(MoU ) was signed between Indian Sign Language Research and Training Center and NCERT to make education materials accessible for Deaf children in their preferred format of communication, Indian Sign Language.
Which company has partnered with Transnet Port Terminals in South Africa to help the latter develop an integrated online marketplace platform called ‘Cargo Connect’ by bringing together cargo owners, shipping lines, etc?
A) Tata Consultancy Services
B) Infosys
C) Wipro
D) HCL

View Answer
Option A
Explanation: Tata Consultancy Services has partnered with Transnet Port Terminals in South Africa to help the latter develop an integrated online marketplace platform by bringing together cargo owners, shipping lines, clearing and forwarding agents, and road/rail haulers.
A new platform named ‘Cargo Connect’, which will function as an online logistics marketplace where customers can submit logistics related requests and allow service providers to bid online.
*99# service is known as?
A) ASSD
B) NUUD
C) USSP
D) USSD

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Option D
Explanation: USSD (Unstructured Supplementary Service Data)
Where is Dr. Bhupen Hazarika Cricket Stadium situated?
A) Kohima
B) Darjeeling
C) Guwahati
D) Agartala

View Answer
Option C

GA Revision for SBI Clerk and other exams – 929

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