GA Revision for SBI Clerk and Other Exams -988

  1. S Ramann has been appointed as the Chairman and MD of which organization?
    A) IRDAI
    B) SEBI
    C) SIDBI
    D) NABARD
    View Answer
    Option C
    Explanation:
    The government has appointed S Ramann as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).

  2. Nazym Kyzaibay won gold at the 2021 ASBC Asian Boxing Championships in Dubai.she represented which country?
    A) Iran
    B) Kazakhstan
    C) Iraq
    D) UAE
    View Answer
    Option B
    Explanation:
    Indian pugilist Mary Kom, lost to two-time world champion Nazym Kyzaibay of Kazakhstan, to settle for silver medal at the 2021 ASBC Asian Boxing Championships in Dubai.

  3. What is the currency name of Iraq?
    A) Dinar
    B) Real
    C) Peso
    D) Yen
    View Answer
    Option A
    Explanation:
    Capital – Baghdad, President – Barham Salih, Prime minister – Mustafa Al-Kadhimi

  4. Obligations under Prevention of Money Laundering Act 2002 is defined under which section?
    A) Section 6
    B) Section 8
    C) Section 10
    D) Section 12
    View Answer
    Option D
    Explanation:
    Section 12 of PMLA 2002.

  5. FIFA has suspended Chad Football associations and which other country’s football association?
    A) Belgium
    B) Pakistan
    C) Spain
    D) Germany
    View Answer
    Option B
    Explanation:
    FIFA suspended the national football federations of Pakistan and Chad after concerns over the governance of the two member associations.

  6. Which country to host remainder IPL 2021 tournament in September-October?
    A) UAE
    B) UK
    C) France
    D) Saudi Arabia
    View Answer
    Option A
    Explanation:
    The Board of Control for Cricket in India (BCCI) has announced that the remaining matches of Indian Premier League (IPL) 2021 will be played in the United Arab Emirates in September-October this year.

  7. Which state government has approved allotment of 140 acres of land to e-commerce major Flipkart for setting up its largest fulfilment centre in Asia?
    A) Uttar Pradesh
    B) Bihar
    C) Haryana
    D) Telangana
    View Answer
    Option C
    Explanation:
    The Haryana government has approved the allotment of 140 acres of land to e-commerce major Flipkart for setting up its largest fulfilment centre in Asia, having a covered area of 3 million square feet in Patli Hajipur in Gurugram district’s Manesar.

  8. he International Monetary Fund has authorised a USD 650 billion expansion of the 190-nation lending institution’s resources with the aim of providing more support for vulnerable countries as they battle the coronavirus pandemic.
    A) UNICEF
    B) UNDP
    C) IMF
    D) UNEP
    View Answer
    Option B
    Explanation:
    The Spices Board India has inked a Memorandum of Understanding(MoU) with UNDP India’s Accelerator Lab to build a blockchain-based traceability interface for Indian spices to enhance transparency in supply chain and trade.

  9. How much is the interest rate capped under Emergency Credit Line Guarantee Scheme (ECLGS) which has been extended by the government?
    A) 7.5%
    B) 7.8%
    C) 8.0%
    D) 8.5%
    View Answer
    Option A
    Explanation:
    The Centre further expanded the scope of the Emergency Credit Line Guarantee Scheme(ECLGS) amid the economic disruption caused by the second wave of COVID-19 pandemic to aid Micro, Small and Medium Enterprises (MSMEs) sector.

  10. Which company has partnered with NPCI International Payments to expand the presence of digital payments platform Unified Payments Interface (UPI) in international markets?
    A) Financial Software and Systems
    B) Intech Systems
    C) MasterCard
    D) Visa
    View Answer
    Option A
    Explanation:
    Financial Software and Systems (FSS) has partnered with NPCI International Payments to expand the presence of digital payments platform Unified Payments Interface (UPI) in international markets.

  11. Sonari Airport is in which of these states?
    A) Assam
    B) Maharashtra
    C) Jharkhand
    D) Karnataka
    View Answer
    Option C
    Explanation:
    Jamshedpur, Jharkhand

  12. When the risk of losses in on- or off-balance sheet positions arise from movement in market prices, it is called _____?
    A) Liquidity risk
    B) Systemic risk
    C) Market Risk
    D) Liquidity risk
    View Answer
    Option C
    Explanation:
    The market is always fluctuating so there are always market risks in the banking systems. So it can go up and down, and when down banks will charge more interest rates from the customers.

  13. Which crypto exchange launched a lending platform where investors can lend their coins to the cryptocurrency exchange?
    A) Matic
    B) WRX
    C) Dogecoin
    D) ZebPay
    View Answer
    Option D
    Explanation:
    ZebPay launched a lending platform where investors can lend their coins to the cryptocurrency exchange and earn returns depending on the token and the time period it is loaned for. Lending facility will be available in two options — open term and fixed term.

  14. The International Monetary Fund has authorized how much amount for the expansion of the 190-nation lending institution’s resources?
    A) USD 750 billion
    B) USD 600 Billion
    C) USD 650 billion
    D) none of these
    View Answer
    Option C
    Explanation:
    The International Monetary Fund has authorised a USD 650 billion expansion of the 190-nation lending institution’s resources with the aim of providing more support for vulnerable countries as they battle the coronavirus pandemic.

  15. Which company has acquired retail tech startup Perpulein an all cash-deal of ₹107.6 crore to bolster its play in the kirana-tech space?
    A) Amazon
    B) Flipkart
    C) Walmart
    D) Reliance
    View Answer
    Option A
    Explanation:
    Amazon Technologies Inc., part of Amazon.com Inc., has acquired retail tech startup Perpulein an all cash-deal of ₹107.6 crore to bolster its play in the kirana-tech space.

  16. Recently which ministry formed a panel to define offences of speech, expression?
    A) Ministry of Rural Development
    B) Ministry of Finance
    C) Ministry of Defence
    D) Minsitry of Home Affairs
    View Answer
    Option D
    Explanation:
    A panel constituted by the Union Home Ministry to suggest reforms to the British-era Indian Penal Code (IPC) is likely to propose a separate Section on “offences relating to speech and expression.”

  17. Atal Innovation Mission has collaborated with which organisation for innovations in public system?
    A) CIPS
    B) TERI
    C) SECI
    D) none of these
    View Answer
    Option A
    Explanation:
    The Atal Innovation Mission (AIM), NITI Aayog, and Centre for Innovations in Public Systems (CIPS) have collaborated to reinforce the innovation and entrepreneurship ecosystem in India by developing a database of innovations in public systems for improving public service.

  18. What does M stands for in QSAM, which is related to Aadhaar Number?
    A) Mandatory
    B) Merger
    C) Migrate
    D) Mapper
    View Answer
    Option D
    Explanation:
    Query Service on Aadhaar Mapper

  19. The India Post Payments Bank was established in which year?
    A) 2018
    B) 2017
    C) 2016
    D) 2014
    View Answer
    Option A
    Explanation:
    CEO – J. Venkatramu, Headquarters location – New Delhi

  20. Prime Minister Narendra Modi, announced a special “PM-CARES for Children” scheme for all those orphaned due to COVID-19.How much corpus was announced under it?
    A) ₹4 lakh
    B) ₹5 lakh
    C) ₹8 lakh
    D) ₹10 lakh
    View Answer
    Option D
    Explanation:
    Prime Minister Narendra Modi, announced a special “PM-CARES for Children” scheme for all those orphaned due to COVID-19, which will include a corpus of ₹10 lakh for each child till he or she reaches 18.

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