GA Revision for SBI Clerk and other exams – 829

1. Who headed the panel formed by IRDAI to draft standard professional indemnity policy for insurance intermediaries?
   A) Surbhi Goel
   B) Kasturi Sengupta
   C) Umesh Rathod
   D) Yegnapriya Bharat
   
   
   

   
   Option D
   Explanation: Regulator Irdai has set up a panel to frame standard professional indemnity policy for insurance intermediaries that can be issued by all the insurers. The development came after Irdai witnessed several instances where policies taken by insurance intermediaries did not comply with the regulatory provisions.

   
   
2. Which campaign was initiated by Power Minister RK Singh on the occasion of World Environment Day?
   A) iCommit
   B) iSave
   C) iDay
   D) iEnvironment
   
   
   

   
   Option A
   Explanation: Power Minister R K Singh initiated the ‘#iCommit’ campaign on the occasion of World Environment Day.

   
   
3. What is the interest payable in Senior Citizen Savings Scheme (SCSS) Account?
   A) 7.5%
   B) 7.4%
   C) 7.3%
   D) 7.3%
   
   
   

   
   Option B
   

   
   
4. CK Nayudu Trophy is related to which of the following sports?
   A) Archery
   B) Football
   C) Cricket
   D) Tennis
   
   
   

   
   Option C
   

   
   
5. Which state government implemented Food forest’ project in tribal belts of Attapady?
   A) Kerala
   B) Assam
   C) Mizoram
   D) Odisha
   
   
   

   
   Option A
   Explanation: Kerala’s first ‘food forest’ is being prepared at tribal belts of Attapady in Palakkad district.

   
   
6. Which of the following bank is the sponsor bank of Kerala Gramin Bank?
   A) United Bank of India
   B) State Bank of India
   C) Canara Bank
   D) Punjab National Bank
   
   
   

   
   Option C
   

   
   
7. How much amount was given by nabard to Assam Gramin Vikash Bank for supporting the agricultural activities of the farmers?
   A) ₹350 cr
   B) ₹310 cr
   C) ₹250 cr
   D) ₹270 cr
   
   
   

   
   Option D
   Explanation: In the wake of the COVID-19 Pandemic, National Bank for Agriculture and Rural Development (NABARD) has made available a Special Liquidity Facility (SLF) of Rs 270 crore to Assam Gramin Vikash Bank for supporting the agricultural activities of the farmers.

   
   
8. What is the theme of this year’s World Milk Day?
   A) The 20th Anniversary of World Milk Day
   B) Drink Milk-Today and Everyday
   C) Drink Move be strong
   D) Commitment to Feeding
   
   
   

   
   Option A
   Explanation: June 1 is celebrated as World Milk day every year. 2020 marks the 20th anniversary of World Milk day. The day is celebrated to bring attention to how dairy supports the livelihoods of one billion people.The theme for World Milk day 2020 is ‘the 20th Anniversary of World Milk Day’. The day is being celebrated to promote the health benefits of milk and dairy products.

   
   
9. Where is the headquarters of International Organization for Migration situated?
   A) Brussels, Belgium
   B) Geneva, Switzerland
   C) Paris, France
   D) New York, USA
   
   
   

   
   Option B
   Explanation: The International Organization for Migration (IOM) is an intergovernmental organization that provides services and advice concerning migration to governments and migrants, including internally displaced persons, refugees, and migrant workers.

   
   
10. Recently Indian Navy launched which operation to repatriate Indian citizens from overseas?
    A) Samudra Setu
    B) Thrissur
    C) Arogya Setu
    D) Suraksha Setu
    
    
    

    
    Option A
    Explanation: Indian Navy has launched Operation Samudra Setu – meaning Sea Bridge, as a part of national effort to repatriate Indian citizens from overseas.

    
    
11. Which Bank announced a special Summer Treats campaign with offers for both merchants and, salaried and self-employed customers?
    A) SBI
    B) IDBI bank
    C) ICICI Bank
    D) HDFC Bank
    
    
    

    
    Option D
    Explanation: With the easing of the lockdown restrictions, private sector HDFC Bank announced a special Summer Treats campaign with offers for both merchants and, salaried and self-employed customers.

    
    
12. Which state launched Birsa Harit Gram Yojana (BHGY), Neelambar Pitambar JAL Sammridhi Yojana (NPJSY) and Veer Sahid Poto Ho Khel Vikas Scheme (VSPHKVS) to add jobs in the rural economy?
    A) Karnataka
    B) Bihar
    C) Jharkhand
    D) Uttar Pradesh
    
    
    

    
    Option C
    Explanation: Faced with the possibility of a steep increase in unemployment in rural areas following the expected return of a large number of stranded migrant workers from other States, the Jharkhand government announced three labour intensive programmes Birsa Harit Gram Yojana (BHGY), Neelambar Pitambar JAL Sammridhi Yojana (NPJSY) and Veer Sahid Poto Ho Khel Vikas Scheme (VSPHKVS) to add jobs in the rural economy.

    
    
13. Which country to host AFC Women’s Asian Cup 2022 finals?
    A) India
    B) China
    C) Nepal
    D) Japan
    
    
    

    
    Option A
    Explanation: The Asian Football Confederation (AFC) has granted All India Football Federation (AIFF) the rights to host the AFC Women`s Asian Cup 2022 final. The decision was taken at the AFC Women`s Football Committee.

    
    
14. Which section of Negotiable Instruments Act 1881 deals with the different in amount of state figures and words of a negotiable instrument?
    A) Section 13
    B) Section 18
    C) Section 19
    D) Section 25
    
    
    

    
    Option B
    

    
    
15. Which company launched Telematics-Based ‘Pay-As-You-Drive’ Cover for Private Cars?
    A) Tata AIG General Insurance
    B) New India Assurance
    C) United India Insurance
    D) IDBI Federal Insurance
    
    
    

    
    Option A
    Explanation: Tata AIG General Insurance has joined the list of a select few insurers to offer usage-based insurance cover to private car owners which reduces the overall premium payout.

    
    
16. Ghoomar is the folk dance of which state?
    A) Gujarat
    B) Bihar
    C) Jammu and Kashmir
    D) Rajasthan
    
    
    

    
    Option D
    Explanation: Ghoomar is a traditional folk dance of Rajasthan, India and Sindh‚ Pakistan.

    
    
17. When is World No Tobacco Day observed?
    A) 3 June
    B) 1 June
    C) 30May
    D) 31 May
    
    
    

    
    Option D
    Explanation: World No Tobacco Day is observed around the world every year on 31 May. The focus of this year’s World No Tobacco Day is on protecting young people from the marketing of big tobacco companies and helping them avoid using tobacco and nicotine.

    
    
18. Which scheme was launched by government on occasion of World Environment Day to develop 200 Urban Forests across country in the next 5 years?
    A) Save Van
    B) Pedh Sahai
    C) Setu Vayu
    D) Nagar Van
    
    
    

    
    Option D
    Explanation: On the occasion of the World Environment Day, the Central government announced the implementation of ‘Nagar Van’ scheme to develop 200 Urban Forests across the country in the next five years.

    
    
19. What is the currency of Hungary?
    A) Forint
    B) Peso
    C) Manat
    D) Lek
    
    
    

    
    Option A
    Explanation: Capital - Budapest

    
    
20. What is the FDI limit in Payments Bank?
    A) 20%
    B) 49%
    C) 74%
    D) 100%
    
    
    

    
    Option C
    Explanation: As per RBI guidelines: The foreign shareholding in the payments bank would be as per the Foreign Direct Investment (FDI) policy for private sector banks = 74% at present