GA Revision for SBI Clerk and Other Exams -993

1. Railways has achieved highest freight loading of how much million tonnes in 2020-21?
   A) 1166
   B) 1155
   C) 1200
   D) 1233
   
   
   

   
   Option D
   Explanation: Railway Board Chairman Suneet Sharma has said that despite COVID-19 challenges, Railway had achieved nine consecutive months of record freight loading from September last year to May this year.

   
   
2. What is the present Rate of Interest in Senior Citizen Savings Scheme?
   A) 7.4%
   B) 6.8%
   C) 7.1%
   D) 6.7%
   
   
   

   
   Option A
   

   
   
3. With which country, Cabinet signed MoU in the field of sustainable urban development?
   A) Maldives
   B) Singapore
   C) Denmark
   D) SriLanka
   
   
   

   
   Option A
   Explanation: The Union Cabinet was apprised of the Memorandum of Understanding (MoU) signed between the Ministry of Housing and Urban Affairs, Government of India and Ministry of National Planning, Housing and Infrastructure, Government of Maldives on cooperation in the field of Sustainable Urban Development.

   
   
4. Who is the chairperson of Competition Commission of India?
   A) Amit Bansal
   B) Alok Verma
   C) Ashok Kumar Gupta
   D) Shashi Rana
   
   
   

   
   Option C
   Explanation: Founded – 2003, HQ – New Delhi

   
   
5. Which country becomes the first country to introduce climate change law for financial firms?
   A) Switzerland
   B) Russia
   C) Australia
   D) New Zealand
   
   
   

   
   Option D
   Explanation: New Zealand becomes the first country to introduce a law that will require financial firms to explain how they would manage climate-related risks and opportunities.

   
   
6. Who will chair the expert group on fixation of minimum wages and national floor wages?
   A) Manohar Singh
   B) Ajit Mishra
   C) Ajeet Parmar
   D) Rajesh Sinha
   
   
   

   
   Option B
   Explanation: The government has set up an expert group on fixation of minimum wages and national floor wages. The Expert Group will be chaired by Director of Institute of Economic Growth Professor Ajit Mishra.

   
   
7. Which bank executes its first trade borrowing transaction linked to SOFR ?
   A) Karnataka Bank
   B) Axis Bank
   C) Yes Bank
   D) ICICI Bank
   
   
   

   
   Option C
   Explanation: Private sector lender Yes Bank has executed its first Secured Overnight Financing Rate (SOFR) linked transaction.

   
   
8. What does P stands for in CNP?
   A) Privacy
   B) Prompt
   C) Permissive
   D) Present
   
   
   

   
   Option D
   Explanation: A card not present transaction(CNP) is a payment card transaction made where the cardholder does not or cannot physically present the card for a merchant’s visual examination at the time that an order is given and payment effected.

   
   
9. With which country, India signed MoU in field of sustainable urban development?
   A) UK
   B) USA
   C) Russia
   D) Japan
   
   
   

   
   Option D
   Explanation: Cabinet approved Memorandum of Cooperation ( Moc) between India and Japan in the field of sustainable urban development.

   
   
10. The South Asian Association for Regional Cooperation (SAARC) is based in which country?
    A) Beijing, China
    B) Kathmandu, Nepal
    C) Dhaka, Bangladesh
    D) Kabul, Afghanistan
    
    
    

    
    Option B
    Explanation: Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka are the 8 members of SAARC. It was founded on 1985 and the current Secretary General is Esala Weerakoon.