GA Revision for SBI Clerk and other exams – 906

1. Who has been appointed the Director of the National Science Foundation, a top American body supporting fundamental research in non-medical fields of science and engineering?
   A) Ram Ahirwar
   B) Balakrishnan Subramaniam
   C) S Srinivasan
   D) Sethuraman Panchanathan
   
   
   

   
   Option D
   Explanation: Dr. Panchanathan is the second Indian-American ever to be nominated to the prestigious science position.

   
   
2. The eligible criteria for the Banks who can participate in UPI is that the Bank should have approval from RBI for Mobile Banking Service and also should be live on _____?
   A) AEPS
   B) BBPS
   C) IMPS
   D) CTS
   
   
   

   
   Option C
   

   
   
3. Who has been appointed as the Chief Financial Officer (CFO) of Lakshmi Vilas Bank?
   A) Manikant Sharma
   B) Puran Kumar Singh
   C) Hariharan K
   D) Rashid Khan
   
   
   

   
   OptionC
   Explanation: Lakshmi Vilas Bank said in the stock exchanges that the Audit Committee of the Board has appointed Hariharan K as Chief Financial Officer (CFO).

   
   
4. What is the theme of this year’s World Hydrography Day?
   A) Hydrography enabling autonomous technologies
   B) Safe Navigation
   C) hydrographic information driving marine knowledge
   D) Mapping our seas
   
   
   

   
   Option A
   Explanation: World Hydrography Day is observed on 21 June. This day was adopted by the International Hydrographic Organization (IHO) as an annual celebration to increases awareness about the protection of safe navigation and marine life protection.World Hydrography Day 2020 theme is “Hydrography enabling autonomous technologies”.

   
   
5. Where is the HQ of National Basketball Association (NBA) located?
   A) Vienna, Austria
   B) New York, USA
   C) Oslo, Norway
   D) Sydney, Australia
   
   
   

   
   Option B
   

   
   
6. Who is the author of the book ‘Overdraft: Saving the Indian Saver’?
   A) Nirmala Sitharaman
   B) Gita Gopinath
   C) Raghuram Rajan
   D) Urjit Patel
   
   
   

   
   Option D
   Explanation: Former RBI Governor, Urjit Patel, has written a book titled ‘Overdraft: Saving the Indian Saver’, which is likely to be released on 31 July 2020.

   
   
7. Where is the HQ of Exim Bank?
   A) Mumbai
   B) Kolkata
   C) Chennai
   D) NewDelhi
   
   
   

   
   Option A
   

   
   
8. What does S stands for in ABRS with respect to payment through Aadhar Cards?
   A) System
   B) Service
   C) Software
   D) Schedule
   
   
   

   
   Option B
   Explanation: Aadhaar based Remittance Service (ABRS) In ABRS, a remitter can initiate IMPS transaction using the beneficiary’s AADHAAR number, which acts as a financial address & which will be linked to the beneficiaries account number.

   
   
9. Rajkiran Rai of which public sector bank has been given 2-years extension as the MD and CEO of the bank?
   A) Allahabad Bank
   B) Punjab and Sind Bank
   C) Union Bank of India
   D) Indian Bank
   
   
   

   
   Option C
   Explanation: The Ministry of Finance, on June 30, granted Union Bank of India’s managing director and CEO Rajkiran Rai an extension of two-year given in its ongoing merger process with Andhra Bank and Corporation Bank.

   
   
10. Who has been awarded the coveted ‘Infra Business Leader of the Year’ award for 2020 by the Rail Infra and Mobility Business Digital Awards (RIMBDA)?
    A) Ved Parkash Dudeja
    B) Sukumar Sen
    C) Medhu Kumar
    D) Nitin Narang
    
    
    

    
    Option A
    Explanation: Ved Parkash Dudeja, vice chairman, Rail Land Development Authority (RLDA) was recently awarded the coveted ‘Infra Business Leader of the Year’ award for 2020 by the Rail Infra and Mobility Business Digital Awards (RIMBDA).

    
    
11. In August 2020, the World Bank predicted higher than what percent GDP growth in India that it projected earlier for FY21?
    A) 3.2%
    B) 4.3%
    C) 3.7%
    D) 4.1%
    
    
    

    
    Option A
    Explanation: The World Bank said it was likely to project a steeper contraction in India’s economy than the 3.2 per cent it had forecast for the current financial year, given the rising number of Covid-19 cases and the resultant regional lockdowns.

    
    
12. Atal Innovation Mission (AIM) along with NITI Aayog partnered with which Healthcare Innovation Centre to expand startup ecosystem?
    A) India-Singapore
    B) India-New Zealand
    C) India-Norway
    D) India-Sweden
    
    
    

    
    Option D
    Explanation: Atal Innovation Mission (AIM), NITI Aayog and Business Sweden on behalf of India Sweden Healthcare Innovation Centre are collaborating to promote the disruptive potential of Indian entrepreneurs, and boost the vibrant start-up ecosystem across the country.

    
    
13. Who has been appointed as the vice president of Asian Development Bank (ADB)?
    A) Om Prakash Rawat
    B) Rajiv Kumar
    C) Ashok Lavasa
    D) Sindhushree Khullar
    
    
    

    
    Option C
    Explanation: Election Commissioner Ashok Lavasa is set to leave the poll panel to join the Asian Development Bank (ADB), more than a year after he had a run-in with Chief Election Commissioner Sunil Arora during the Lok Sabha polls over enforcing the Model Code Conduct.

    
    
14. Which of the following day is observed as World Toilet day?
    A) 21 November
    B) 19 August
    C) 19 December
    D) 19 November
    
    
    

    
    Option D
    

    
    
15. Which steel-making company has launched FerroHaat, a first-of-its-kind mobile application, to source steel scrap from the traders?
    A) Jindal Steel Ltd.
    B) Tata Steel Ltd.
    C) JSW Steel Ltd.
    D) Essar Steel India Ltd.
    
    
    

    
    Option B
    Explanation: Steel Recycling Business, a division of Tata Steel, has launched FerroHaat, a first-of-its-kind mobile application, to source steel scrap from the traders.

    
    
16. ______ is one where the bank, for economic or legal reasons relating to the borrower’s financial difficulty, grants to the borrower concessions that the bank would not otherwise consider?
    A) Renovated account
    B) Reprimed account
    C) Advance account
    D) Restructured account
    
    
    

    
    Option D
    Explanation: Restructuring would normally involve modification of terms of the advances / securities, which would generally include, among others, alteration of repayment period / repayable amount/ the amount of instalments / rate of interest (due to reasons other than competitive reasons).

    
    
17. Chan Santokhi has been appointed as the President of which country?
    A) Suriname
    B) Estonia
    C) Kosovo
    D) Latvia
    
    
    

    
    Option A
    Explanation: South American country Suriname brought an end to dictatorial rule by electing a new President Chan Santokhi.

    
    
18. Which financial services company has launched a new service called ‘Swift Insta Personal Loans’ (SIPL) on WhatsApp through its chatbot TIA?
    A) Eko India Financial Services
    B) Reliance Capital
    C) Tata Capital
    D) Motilal Oswal Financial Services
    
    
    

    
    Option C
    Explanation: Tata Capital, the financial services arm of the Tata Group announced the launch of its new service called ‘Swift Insta Personal Loans’ (SIPL) on WhatsApp.

    
    
19. What is the currency of Spain?
    A) Dinar
    B) Dollar
    C) Pound
    D) Euro
    
    
    

    
    Option D
    Explanation: Capital- Madrid

    
    
20. Who is the author of the book “Getting Competitive: A Practitioner’s Guide for India”?
    A) PC Kaul
    B) RN Narayana
    C) RC Bhargava
    D) BK Verma
    
    
    

    
    Option C
    Explanation: The Chairman of Maruti Suzuki, RC Bhargava has authored the book “Getting Competitive: A Practitioner’s Guide for India” from his experience as a policymaker and a leading industrialist.