GA Revision for SBI Clerk and Other Exams -996

1. Which company announced a first-of-its-kind carbon removal initiative called the Restore Fund that will make investments in forestry projects to remove carbon?
   A) Amazon
   B) Apple
   C) Microsoft
   D) Flipkart
   
   
   

   
   Option B
   Explanation: Apple announced a first-of-its-kind carbon removal initiative called the Restore Fund that will make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors.

   
   
2. Which Indian person has been appointed by the World Bank as an Advisor to the World Bank?
   A) Dinesh Jain
   B) Rakesh Sharma
   C) Mahesh Jain
   D) Ranjitsinh Disale
   
   
   

   
   Option D
   Explanation: Ranjitsinh Disale, the first Indian teacher to receive the Global Teacher Award has been appointed by the World Bank as an Advisor to the World Bank.

   
   
3. What is the metric which defines operating liquidity available to business known as?
   A) Quick ratio
   B) Accounts payable turnover
   C) Working capital
   D) Cash conversion cycle
   
   
   

   
   Option C
   Explanation: The liquidity metric Working capital is defined simply as the difference between two Balance sheet figures: Working capital = Current assets – Current liabilities.

   
   
4. How much amount of budget was presented by Sikkim CM Prem Singh Tamang for financial year 2021-22?
   A) ₹5267 cr
   B) ₹8975 cr
   C) ₹9932 cr
   D) ₹9852 cr
   
   
   

   
   Option D
   Explanation: Sikkim Chief Minister Prem Singh Tamang presented a Rs 9852.85 crore budget for the financial year 2021-22, saying that the Covid-19 pandemic has damaged the backbone of small Himalayan state’s economy.Of the Rs 9852.85 crore, the net outgo has been kept at Rs 9588.65 crore, Tamang said while presenting the budget on the inaugural day of the two-day assembly season.

   
   
5. Who won the Portuguese Grand Prix 2021?
   A) Valtteri Vottas
   B) Lewis Hamilton
   C) Sebastian Vettel
   D) Max Verstappen
   
   
   

   
   Option B
   Explanation: Lewis Hamilton claiming his 97th career victory with a win at the Portuguese Grand Prix over Red Bull’s Max Verstappen and Mercedes teammate Valteri Bottas.

   
   
6. Who has also been appointed Acting Chairperson of National Human Rights Commission?
   A) AK Chaturvedi
   B) Avinash Singh
   C) Dinesh Mohaptra
   D) PC Pant
   
   
   

   
   Option D
   Explanation: Justice (Retd) P C Pant, who is a member of the National Human Rights Commission (NHRC), has also been appointed its Acting Chairperson with effect from April 25 this year.

   
   
7. Which department will be constructing the country’s first research reactor on public-private partnership (PPP) model?
   A) Department of New and Renewable Energy
   B) Ministry of Science and Technology
   C) Ministry of Defence
   D) Department of Atomic Energy
   
   
   

   
   Option D
   Explanation: The department of atomic energy (DAE) announced that it will be constructing the country’s first research reactor on public-private partnership (PPP) model. DAE is shortlisting the private enterprises for a partnership in the project.

   
   
8. The International Day of Living Together in Peace is observed on_____?
   A) April 23
   B) March 19
   C) May 16
   D) June 3
   
   
   

   
   Option C
   

   
   
9. Which program was launched by central government to Ensure Supply of Medical Oxygen Amid Pandemic?
   A) Project Oxy
   B) Project O2
   C) Vayu O2
   D) Mission O2
   
   
   

   
   Option B
   Explanation: The office of the Principal Scientific Adviser to the Government said ‘Project O2 for India’ has been initiated to ensure supply of critical raw materials such as zeolites, setting up of small oxygen plants, and manufacturing of compressors.

   
   
10. If a bank fails to resolve the re-crediting issue of failed ATM transaction within 7 days of complain then what amount of penalty per day the bank has to pay to the customer?
    A) Rs 100
    B) Rs 50
    C) 10% of the debited amount
    D) Rs 500
    
    
    

    
    Option A
    Explanation: Effective from July 1, 2011, banks have to pay compensation of Rs. 100/- per day for delays in re-crediting the amount beyond 7 working days from the date of receipt of complaint for failed ATM transactions.

    
    
11. Who has assumed the additional charge as its chairman and managing director of THDC India Limited?
    A) Sunil Natarajan
    B) Vijay Goel
    C) Vinay Dubey
    D) Ajay Tyagi
    
    
    

    
    Option B
    Explanation: THDC India Ltd said Vijay Goel has assumed the additional charge as its chairman and managing director from May 1, 2021.

    
    
12. India signed MoU with which country for Cooperation on Recruitment of Domestic Workers?
    A) Sri Lanka
    B) Myanmar
    C) Thailand
    D) Kuwait
    
    
    

    
    Option D
    Explanation: India and Kuwait have signed an MoU that brings Indian domestic workers in the Gulf nation within the ambit of a legal framework that streamlines their recruitment and provides them with the protection of the law.

    
    
13. Recently UN launched United Nations Decade on Ecosystem Restoration: 2021-2030.Which became first country to provide funding of Euro 14 million towards this fund?
    A) Germany
    B) USA
    C) Russsia
    D) Denmark
    
    
    

    
    Option A
    Explanation: On the occasion of World Environment Day 2021, the United Nations Decade on Ecosystem Restoration has been officially launched, which will run from 2021 to 2030.

    
    
14. Recently The world’s biggest airplane – longer than an American football field and with a wingspan of three Boeing 747s – completed its second test flight. It has been built by which company?
    A) Rosmoc
    B) SpaceX
    C) Stratolaunch
    D) Unicorn
    
    
    

    
    Option C
    Explanation: The world’s biggest airplane – longer than an American football field and with a wingspan of three Boeing 747s – completed its second test flight from Mojave Air and Space Port in California.

    
    
15. The Navi Mumbai International Airport has been decided to be named after whom?
    A) Eknath Shinde
    B) Vidhu Chopra
    C) Aditya Thackeray
    D) Bal Thackeray
    
    
    

    
    Option D
    Explanation: The Navi Mumbai International Airport will be named after Shiv Sena founder late Bal Thackeray, Urban Development Minister Eknath Shinde has said.

    
    
16. The 8th International Nitrogen Initiative Conference (INI2020) was held in which country?
    A) Germany
    B) Nigeria
    C) India
    D) Mexico
    
    
    

    
    Option A
    Explanation: The 8th International Nitrogen Initiative Conference (INI2020) was held in Berlin, Germany.

    
    
17. Which of these is a folk dance of Rajasthan?
    A) Kikkli
    B) Kajari
    C) Goti Pua
    D) Ghoomar
    
    
    

    
    Option D
    

    
    
18. Receivables Exchange of India Ltd (RXIL), leading invoice discounting platform for MSMEs, has crossed monthly transaction volumes of how much crore in the month of March?
    A) Rs 500 cr
    B) Rs 1000 cr
    C) Rs 800cr
    D) Rs 2000cr
    
    
    

    
    Option B
    Explanation: Receivables Exchange of India Ltd (RXIL), leading invoice discounting platform for MSMEs, said it has crossed monthly transaction volumes of Rs 1,000 crore in the month of March.

    
    
19. When there is a risk of loss resulting from inadequate or failed internal processes, people and systems or from external event, it is called
    A) Liquidity risk
    B) Systemic risk
    C) Operational risk
    D) Moral Hazard
    
    
    

    
    Option C
    Explanation: The Basel Committee on Banking Supervision defines operational risk “as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. This definition includes legal risk, but excludes strategic and reputation risk.”

    
    
20. ReNew Power pledges to achieve net zero emissions by which year?
    A) 2025
    B) 2030
    C) 2050
    D) 2035
    
    
    

    
    Option C
    Explanation: ReNew Power, India’s leading renewable energy company, announced its commitment to achieving net-zero greenhouse gas emissions by 2050.