GA Revision for SBI Clerk and other exams - 771

1. As per the annual PwC CEO survey,what was the rank of India in best market for global companies looking for growth abroad?
   A) 4th
   B) 5th
   C) 7th
   D) 10th
   
   
   

   
   Option A
   Explanation: As per the annual PwC CEO survey, India is their fourth choice after the US, China and Germany as only 9 per cent in a global survey favour India for their companies’ growth prospects. The survey was released during the World Economic Forum annual meeting in Davos.

   
   
2. When is National Civil Services Day observed?
   A) 11 April
   B) 14 February
   C) 10 March
   D) 21 April
   
   
   

   
   Option D
   

   
   
3. Recently BRO opened a 360-foot-long bailey suspension bridge on the Teesta river located in which state?
   A) Sikkim
   B) Manipur
   C) Assam
   D) Mizoram
   
   
   

   
   Option A
   Explanation: The BRO opened a 360-foot-long bailey suspension bridge on the Teesta river, in Munshithang near Chungthang in Sikkim, for traffic.

   
   
4. FRA and IRS are such instruments which can provide effective hedge against interest rate risks. What does S stands for in IRS?
   A) Settlement
   B) Short
   C) Swap
   D) Skip
   
   
   

   
   Option C
   Explanation: IRS- Interest Rate Swap

   
   
5. Which country announced formation of new govt headed by Hassan Diab?
   A) Ukraine
   B) Lebanon
   C) China
   D) Afghanistan
   
   
   

   
   Option B
   Explanation: Lebanon which has been rocked by anti-government protests for the last several months, finally has a new government, the country’s presidency.

   
   
6. Who headed the committee that has been formed for prevention & control of COVID-19?
   A) Randeep Guleria
   B) Ajay Nair
   C) Preeti Sudan
   D) VK Paul
   
   
   

   
   Option D
   Explanation: The government has constituted a high level technical committee of Public Health Experts for COVID-19 to guide the prevention and control activities in the country.

   
   
7. RBI cancelled the Certificate of Authorisation of which wallet on account of voluntary surrender of authorisation?
   A) Freecharge
   B) Vodafone mpesa
   C) Airtel Money
   D) Mobikwik
   
   
   

   
   Option B
   Explanation: The Reserve Bank of India has cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa on account of voluntary surrender of authorisation.

   
   
8. Which becomes the first state in India to introduce taser guns?
   A) Maharashtra
   B) Gujarat
   C) Bihar
   D) Telangana
   
   
   

   
   Option B
   Explanation: By introducing these as part of police arsenal, Gujarat becomes the first state in India to do so, following the footsteps of agencies such as the UK Metropolitan Police, the Los Angeles Police Department and the New York Police Department, amid others.

   
   
9. Alamatti Dam is situated on the banks of which river?
   A) Krishna
   B) Kaveri
   C) Damodar
   D) Periyar
   
   
   

   
   Option A
   Explanation: The Almatti Dam is a hydroelectric project on the Krishna River in Karnataka

   
   
10. RBI has raised the Investment limit for FPIs in government & corporate bonds to how much percent?
    A) 45%
    B) 25%
    C) 20%
    D) 30%
    
    
    

    
    Option D
    Explanation: The Reserve Bank of India raised the investment limit for FPIs in government and corporate bonds, a move that is likely to bring in more foreign funds in the country.

    
    
11. IIN (Institution Identification Number) is a ___ digit number.
    A) 3
    B) 4
    C) 6
    D) 9
    
    
    

    
    Option C
    Explanation: IIN is a unique 6 digit number issued by NPCI to every APB System participating bank and is used to uniquely identify a bank to which the APB transaction has to be routed in the Aadhaar Payment Bridge (APB) System.

    
    
12. Apollo Hospitals Group in collaboration with which company launched a Health EMI Card?
    A) Bajaj Finserv
    B) Mobikwik
    C) Paytm
    D) PayU
    
    
    

    
    Option A
    Explanation: Apollo Hospitals Group in collaboration with Bajaj Finserv has launched a “Health EMI Card” that offers a credit limit of up to ₹4 lakh and covers nearly 600 procedures for patients.

    
    
13. Which country has been confirmed as the first co-chair of the governing council of India-led global Coalition for Disaster Resilient Infrastructure (CDRI)?
    A) UK
    B) USA
    C) Russia
    D) China
    
    
    

    
    Option A
    Explanation: The UK has been confirmed as the first co-chair of the governing council of India-led global Coalition for Disaster Resilient Infrastructure (CDRI).

    
    
14. Which Company gets IRDAI approval to pilot 5 projects under Regulatory Sandbox?
    A) IDBI Federal
    B) IDFC
    C) ICICI Lombard
    D) HDFC Bank
    
    
    

    
    Option C
    Explanation: ICICI Lombard has received Irdai’s approval to pilot five innovative applications and programs in its health and motor portfolio under the Sandbox Project.

    
    
15. Which bank launched pre-paid card Enkasu?
    A) Federal Bank
    B) IDBI Bank
    C) HDFC Bank
    D) Karur Vysya Bank
    
    
    

    
    Option D
    Explanation: Karur Vysya Bank has launched Enkasu, a pre-paid card in Karur. In response to the digital initiative of the Government of India, the bank undertook a Quit Cash Movement in Karur – a movement to reduce the usage of cash in the district of Karur.

    
    
16. EXIM Bank has extended how much line of credit to Suriname government to fund the country”s rural electrification programme?
    A) USD 34.90 million
    B) USD 40 million
    C) USD 44.50 million
    D) USD 35.80 million
    
    
    

    
    Option D
    Explanation: The Export-Import Bank of India (Exim Bank) has extended USD 35.80 million (about Rs 250 crore) line of credit to Suriname government to fund the country”s rural electrification programme.

    
    
17. Where is the HQ of Rowing Federation of India?
    A) Mumbai
    B) Chennai
    C) Kolkata
    D) Delhi
    
    
    

    
    Option A
    

    
    
18. Banks which are desirous of operating as BBPOUs would need to obtain one-time approval from the Reserve Bank of India under the __________?
    A) Companies Act 2013
    B) Payment and Settlement Systems Act, 2007
    C) Banking Regulation Act, 1949
    D) Reserve Bank of India Act, 1934
    
    
    

    
    Option B
    Explanation: Banks which are desirous of operating as BBPOUs would need to obtain one-time approval from the Reserve Bank of India under the Payment and Settlement Systems Act, 2007.

    
    
19. As per Swiss bank Julius Baer report 2020,which city was found to be the most expensive in Swiss wealth management group?
    A) Paris
    B) HongKong
    C) Mumbai
    D) Chennai
    
    
    

    
    Option B
    Explanation: Out of 28 cities, Mumbai was ranked as the cheapest city for purchasing luxury goods and services, while Hong Kong was found to be the most expensive in Swiss wealth management group Julius Baer Group Ltd’s report ‘ Global Wealth and Lifestyle Report 2020’.

    
    
20. What is the currency of France?
    A) Krone
    B) Euro
    C) Dollar
    D) Rupee
    
    
    

    
    Option B