GA Revision for SBI Clerk and Other Exams -990

  1. How much amount of loan was approved by World Bank and AIIB for canal based water drinking projects in Punjab?
    A) USD 500 million
    B) USD 300 million
    C) USD 400 million
    D) USD 450 million
    View Answer
    Option B
    Explanation:
    The World Bank and Asian Infrastructure Investment Bank (AIIB) have approved the loan for USD 300 million (about Rs 2,190 crore) canal-based drinking water projects in Punjab.

  2. DRDO conducted successful maiden trial of which 5th generation Air to Air missile?
    A) Tejas
    B) Vir 2
    C) Aditya 1
    D) Python-5
    View Answer
    Option D
    Explanation:
    India’s indigenous Light Combat Aircraft, Tejas, has added the 5th generation Python-5 Air-to-Air Missile (AAM) in its air-to-air weapons capability.

  3. ‘Customer’ is defined under which Act?
    A) RBI Act, 1934
    B) Banking Regulation Act, 1949
    C) PMLA, 2002
    D) Negotiable Instruments Act, 1881
    View Answer
    Option C

  4. What is the capital of Portugal?
    A) Lisbon
    B) Kiev
    C) Amsterdam
    D) Maputo
    View Answer
    Option A
    Explanation:
    Currency – Euro, President – Marcelo Rebelo de Sousa

  5. Which Bank has launched an exclusive NR savings account scheme for the Seafarer segment?
    A) Axis Bank
    B) SBI
    C) Federal Bank
    D) RBL
    View Answer
    Option C
    Explanation:
    Federal Bank launched an exclusive NR savings account scheme for the Seafarer segment.

  6. Which organisation tightened supervision norms for payment companies amid rising cyber security breaches?
    A) SIDBI
    B) IRDA
    C) RBI
    D) NPCI
    View Answer
    Option C
    Explanation:
    As instances of cyber-security breaches at Indian tech startups over the last few months is on the rise, the Reserve Bank of India has tightened its supervision norms over payment companies storing customer data.

  7. Which organisation has developed a single crystal blade technology as part of their indigenous helicopter development program for the helicopter engine application?
    A) BHEL
    B) DRDO
    C) ONGC
    D) Reliance
    View Answer
    Option B
    Explanation:
    The Defence Research and Development Organisation(DRDO) has developed a single crystal blade technology as part of their indigenous helicopter development program for the helicopter engine application.

  8. Who has headed expert committee on Variable Capital Company to submit its report to IFSCA ?
    A) Shri. Injeti Srinivas
    B) Dr. V K Paul
    C) Mr. Ajay Tyagi
    D) Dr. K.P. Krishnan
    View Answer
    Option D
    Explanation:
    Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on the feasibility of Variable Capital Companies in the International Financial Services Centres to the Chairperson of the International Financial Services Centres Authority (IFSCA), Shri. Injeti Srinivas.

  9. Which payment aggregator signed a partnership with JP Morgan to offer online solution to bank’s corporate clients in India?
    A) Billdesk
    B) Instamojo
    C) Mobikwik
    D) Paytm
    View Answer
    Option A
    Explanation:
    Payments aggregator BillDesk announced a partnership with global financial institution J.P. Morgan to offer online payments solutions to the bank’s corporate clients in India.

  10. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up under which of the following acts?
    A) Banking Regulation Act, 1949
    B) Reserve Bank of India Act, 1934
    C) Companies Act, 1956
    D) Payment and Settlement Systems Act, 2007
    View Answer
    Option C
    Explanation:
    Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly owned subsidiary on 3rd February 1995 with a view to augmenting the production of bank notes in India to enable the RBI to bridge the gap between the supply and demand for bank notes in the country. The BRBNMPL has been registered as a Private Limited Company under the Companies Act 1956 with its Registered and Corporate Office situated at Bengaluru. The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal.

  11. Where is the HQ of Industrial Finance Corporation of India(IFCI)?
    A) New Delhi
    B) Mumbai
    C) Bengaluru
    D) Chennai
    View Answer
    Option A

  12. Sambalpuri dance is a folk dance which has its origin from which state of India?
    A) Goa
    B) Assam
    C) Odisha
    D) Uttarakhand
    View Answer
    Option C

  13. By which year Jal Jeevan Mission will be expedited in of North Western States and Union Territories of Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir and Ladakh ?
    A) 2022
    B) 2023
    C) 2024
    D) 2025
    View Answer
    Option A
    Explanation:
    Ministry of Jal Shakti has said that the implementation of Jal Jeevan Mission will be expedited in these States and UTs and every rural household will be provided with tap water connections by the end of 2022.

  14. Which became the first company to cross billion transaction mark on UPI?
    A) Paytm
    B) PhonePe
    C) Google Pay
    D) Amazon Pay
    View Answer
    Option B
    Explanation:
    Digital payments major, PhonePe said it has crossed a billion transactions on Unified Payments Interface (UPI) infrastructure in March, making it the first player in the country to reach this milestone.

  15. In which state Indus Best Mega Food Park is being inaugurated recently by Narendra Singh Tomar ?
    A) Jharkhand
    B) West Bengal
    C) Madhya Pradesh
    D) Chattisgarh
    View Answer
    Option D
    Explanation:
    Food Processing Industries Minister Narendra Singh Tomar virtually inaugurated the Indus Best Mega Food Park at Tilda block of Raipur district in Chhattisgarh.

  16. In which city,Singapore Exchange Limited will be establishing its offshore unit?
    A) Gandhinagar
    B) Surat
    C) Vadodara
    D) Ahmedabad
    View Answer
    Option A
    Explanation:
    Singapore Stock Exchange (SGX) will be establishing its offshore office at Gujarat International Finance Tec-City (GIFT-City) in Gandhinagar.

  17. Which state announced 33 % reservation for girl students in engineering & medical colleges?
    A) Uttar Pradesh
    B) Chattisgarh
    C) Bihar
    D) Madhya Pradesh
    View Answer
    Option C
    Explanation:
    Bihar Chief Minister Nitish Kumar decided to give 33 per cent reservation to girl students in engineering and medical colleges of the state.

  18. NUUP is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers. P in NUUP stands for?
    A) Payment
    B) Platform
    C) Perform
    D) Plan
    View Answer
    Option B
    Explanation:
    National Unified USSD Platform

  19. Recently World Trade Organisation has revised its growth for global merchandise trade volume in 2021 at what percent?
    A) 7.5%
    B) 8.5%
    C) 6.0%
    D) 8%
    View Answer
    Option D
    Explanation:
    Painting an optimistic picture for exporters, the World Trade Organisation has revised upwards its prediction for global merchandise trade volume growth in 2021 to 8 per centcompared to the 7.2 per cent growth forecast in October 2020.

  20. Which of these Days is observed on 20th May?
    A) World Health Day
    B) World Bee Day
    C) World Bicycle Day
    D) World Dengue Day
    View Answer
    Option B

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