Current Affairs Mock Test – SBI Clerk Mains (Full Length Mock)- Set 2
The Mains examination of SBI Clerk Mains is scheduled to be held in October 2021. The current affairs section of SBI Clerk Mains will consist of 50 questions. The sectional time limit will be 35 minutes. This is a full-length mock test for the Current Affairs section of 2021 SBI Clerk Mains Exam. This set contains 50 questions.
General Awareness Mock test for SBI Junior Associate (Customer Support & Sales) / Clerk Mains Exam
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Number of Questions: 50
Time Limit: 35 Minutes
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Question 1 of 50
1. Question
1 pointsWhat is the total length of the Delhi-Mumbai Expressway being developed by the Ministry of Road Transport and Highways?
Correct
- Union Minister of Road Transport and Highways, Shri Nitin Gadkari reviewed the progress of 1,380 kilometres long Delhi-Mumbai Expressway, being developed at a cost of Rs 98,000 crores.
Incorrect
- Union Minister of Road Transport and Highways, Shri Nitin Gadkari reviewed the progress of 1,380 kilometres long Delhi-Mumbai Expressway, being developed at a cost of Rs 98,000 crores.
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Question 2 of 50
2. Question
1 pointsWhat amount of capital has Union Cabinet approved under the Production Linked Incentive (PLI) scheme for Automobiles Industry?
Correct
- From the total budget of Rs 26,058 crores, an amount of Rs 25,938 crores has been sanctioned for the automobile industry and Rs 120 crores for the drone industry.
Incorrect
- From the total budget of Rs 26,058 crores, an amount of Rs 25,938 crores has been sanctioned for the automobile industry and Rs 120 crores for the drone industry.
-
Question 3 of 50
3. Question
1 pointsThe mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’ has been launched in which place?
Correct
- In Jammu and Kashmir, Lieutenant Governor Manoj Sinha launched a new mission called ‘One Gram Panchayat-One DIGI-Pay Sakhi’ on September 14, 2021.
Incorrect
- In Jammu and Kashmir, Lieutenant Governor Manoj Sinha launched a new mission called ‘One Gram Panchayat-One DIGI-Pay Sakhi’ on September 14, 2021.
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Question 4 of 50
4. Question
1 pointsArtificial Intelligence-powered project, iRASTE’ has been launched in which state?
Correct
- Union Minister for Road Transport, Nitin Gadkari launched ‘iRASTE’, an Artificial Intelligence-powered project, which aims to help reduce road accidents, understand the factors responsible for these events and come up with solutions to mitigate them.
- iRASTE stands for Intelligent Solutions for Road Safety through Technology and Engineering.
- The project has been launched on a pilot basis in Nagpur, Maharashtra with the aim of reducing accidents by 50 percent in the city.
Incorrect
- Union Minister for Road Transport, Nitin Gadkari launched ‘iRASTE’, an Artificial Intelligence-powered project, which aims to help reduce road accidents, understand the factors responsible for these events and come up with solutions to mitigate them.
- iRASTE stands for Intelligent Solutions for Road Safety through Technology and Engineering.
- The project has been launched on a pilot basis in Nagpur, Maharashtra with the aim of reducing accidents by 50 percent in the city.
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Question 5 of 50
5. Question
1 pointsThe 13th BRICS Summit concluded with the adoption of the _________ Declaration.
Correct
‘New Delhi Declaration’
As it was held in India/ Under India’s presidency
Incorrect
‘New Delhi Declaration’
As it was held in India/ Under India’s presidency
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Question 6 of 50
6. Question
1 pointsThe government had launched the National Clean Air Programme (NCAP) as a long-term, time-bound, national level strategy to tackle the air pollution problem across the country in a comprehensive manner with targets to achieve 20% to 30% reduction in Particulate Matter concentrations by which year?
Correct
National Clean Air Programme (NCAP) as a long-term, time-bound, national level strategy to tackle the air pollution problem across the country in a comprehensive manner with targets to achieve 20% to 30% reduction in Particulate Matter concentrations by 2024.
NCAP was in news as:
- On September 07, 2021, the Union Minister of Environment, Forest, and Climate Change, Bhupender Yadav launched a portal named PRANA, for regulation of air pollution in 132 cities across the country.
- PRANA stands for Portal for Regulation of Air-pollution in Non-Attainment cities.
- The PRANA portal can be accessed at prana.cpcb.gov.in.
- The cities which comes under the National Clean Air Programme (NCAP) will be covered.
Incorrect
National Clean Air Programme (NCAP) as a long-term, time-bound, national level strategy to tackle the air pollution problem across the country in a comprehensive manner with targets to achieve 20% to 30% reduction in Particulate Matter concentrations by 2024.
NCAP was in news as:
- On September 07, 2021, the Union Minister of Environment, Forest, and Climate Change, Bhupender Yadav launched a portal named PRANA, for regulation of air pollution in 132 cities across the country.
- PRANA stands for Portal for Regulation of Air-pollution in Non-Attainment cities.
- The PRANA portal can be accessed at prana.cpcb.gov.in.
- The cities which comes under the National Clean Air Programme (NCAP) will be covered.
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Question 7 of 50
7. Question
1 pointsIndia’s first dugong conservation reserve will come up in which state?
Correct
- Tamil Nadu state government has announced to setup India’s first dugong conservation reserve at the northern part of the Palk Bay.
Incorrect
- Tamil Nadu state government has announced to setup India’s first dugong conservation reserve at the northern part of the Palk Bay.
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Question 8 of 50
8. Question
1 pointsWhere is the Army Sports Institute located?
Correct
Rajnath Singh names Army Sports Institute, Pune as “Neeraj Chopra Stadium”
Incorrect
Rajnath Singh names Army Sports Institute, Pune as “Neeraj Chopra Stadium”
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Question 9 of 50
9. Question
1 pointsWEP Nxt platform has been launched by NITI Aayog in partnership with which of the following firm?
Correct
- NITI Aayog in partnership with Cisco has launched the next phase of the Women Entrepreneurship Platform (WEP) titled “WEP Nxt” to foster women entrepreneurship in India.
Incorrect
- NITI Aayog in partnership with Cisco has launched the next phase of the Women Entrepreneurship Platform (WEP) titled “WEP Nxt” to foster women entrepreneurship in India.
-
Question 10 of 50
10. Question
1 pointsThe liberalized Drone Rules, 2021 has replaced which of the following rules?
Correct
- Ministry of Civil Aviation has repealed the Unmanned Aircraft Systems (UAS) Rules, 2021 and replace the same with the liberalized Drone Rules, 2021.
Incorrect
- Ministry of Civil Aviation has repealed the Unmanned Aircraft Systems (UAS) Rules, 2021 and replace the same with the liberalized Drone Rules, 2021.
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Question 11 of 50
11. Question
1 pointsThe top 5 sectors capture about _____ of the aggregate pipeline value under the ‘National Monetisation Pipeline’.
Correct
The top 5 sectors capture about 83% of the aggregate pipeline value. These top 5 sectors include- Roads (27%) followed by Railways (25%), Power (15%), oil & gas pipelines (8%) and Telecom (6%).
Incorrect
The top 5 sectors capture about 83% of the aggregate pipeline value. These top 5 sectors include- Roads (27%) followed by Railways (25%), Power (15%), oil & gas pipelines (8%) and Telecom (6%).
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Question 12 of 50
12. Question
1 pointsMaharaja Agrasen International Airport is located in which state?
Correct
- Haryana Chief Minister Manohar Lal Khattar has announced to rename the Hisar Airport as Maharaja Agrasen International Airport.
Incorrect
- Haryana Chief Minister Manohar Lal Khattar has announced to rename the Hisar Airport as Maharaja Agrasen International Airport.
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Question 13 of 50
13. Question
1 pointsCentral Reserve Police Force (CRPF), observed its _____ Raising Day on 27 July 2021.
Correct
83rd
Incorrect
83rd
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Question 14 of 50
14. Question
1 pointsIndia’s first grain dispensing ATM has been installed in which district?
Correct
- India’s first grain dispensing ATM has been installed at Farrukhnagar in Gurugram district of Haryana under a pilot project, with the objective to make ration dispersal hassle and complaint free for citizens.
Incorrect
- India’s first grain dispensing ATM has been installed at Farrukhnagar in Gurugram district of Haryana under a pilot project, with the objective to make ration dispersal hassle and complaint free for citizens.
-
Question 15 of 50
15. Question
1 pointsWhat was India’s rank in terms of Foreign Direct Investment (FDI) inflows in the world in 2020 as per World Investment Report 2021?
Correct
- As per the World Investment Report 2021 by the UN Conference on Trade and Development (UNCTAD), India was the fifth-largest recipient of Foreign Direct Investment (FDI) inflows in the world in 2020.
Incorrect
- As per the World Investment Report 2021 by the UN Conference on Trade and Development (UNCTAD), India was the fifth-largest recipient of Foreign Direct Investment (FDI) inflows in the world in 2020.
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Question 16 of 50
16. Question
1 pointsWhat is the total estimated cost of the “Deep Ocean Mission”?
Correct
- The Union Cabinet chaired by Prime Minister Shri Narendra Modi, has approved the implementation of “Deep Ocean Mission”, proposed by Ministry of Earth Sciences (MoES), to explore deep ocean for resources and develop deep sea technologies for sustainable use of ocean resources.
- The 5 year Mission will be implemented at an estimated cost of Rs. 4077 crore in a phase-wise manner.
- The first phase will be carried during 2021-2024, at an estimated cost of Rs. 2823.4 crore.
Incorrect
- The Union Cabinet chaired by Prime Minister Shri Narendra Modi, has approved the implementation of “Deep Ocean Mission”, proposed by Ministry of Earth Sciences (MoES), to explore deep ocean for resources and develop deep sea technologies for sustainable use of ocean resources.
- The 5 year Mission will be implemented at an estimated cost of Rs. 4077 crore in a phase-wise manner.
- The first phase will be carried during 2021-2024, at an estimated cost of Rs. 2823.4 crore.
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Question 17 of 50
17. Question
1 pointsCBSE has partnered with which institution to introduce Coding as a new subject for students of Class 6-8 and Data Science as new subject for Class 8-12 in the 2021-2022 academic session?
Correct
- The Central Board of Secondary Education (CBSE) has collaborated with Microsoft to introduce Coding as a new subject for students of Class 6-8 and Data Science as new subject for Class 8-12 in the 2021-2022 academic session.
Incorrect
- The Central Board of Secondary Education (CBSE) has collaborated with Microsoft to introduce Coding as a new subject for students of Class 6-8 and Data Science as new subject for Class 8-12 in the 2021-2022 academic session.
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Question 18 of 50
18. Question
1 pointsHow many countries have collectively launched the “Mission Innovation CleanTech Exchange”?
Correct
- The Governments of 23 nations, including India, have collectively launched a bold new plan called Mission Innovation 2.0, to catalyze action and spearhead a decade of innovation for global investment in clean energy research, development and demonstrations.
Incorrect
- The Governments of 23 nations, including India, have collectively launched a bold new plan called Mission Innovation 2.0, to catalyze action and spearhead a decade of innovation for global investment in clean energy research, development and demonstrations.
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Question 19 of 50
19. Question
1 pointsWhich of the following is the implementing agency of the ‘One Nation, One Standard’ scheme?
Correct
- Lucknow-based Research Design and Standards Organisation (RDSO), which sets standards for the Indian Railway Sector, has become the first standards body in the country to join ‘One Nation, One Standard’ scheme of the central government.
- The RDSO, the sole R&D wing of the Railways Ministry, has now been recognised as a ‘Standard Developing Organisation’ by the Bureau of Indian Standards (BIS), for three years period.
- BIS is the implementing agency for the ‘One Nation, One Standard’ scheme.
Incorrect
- Lucknow-based Research Design and Standards Organisation (RDSO), which sets standards for the Indian Railway Sector, has become the first standards body in the country to join ‘One Nation, One Standard’ scheme of the central government.
- The RDSO, the sole R&D wing of the Railways Ministry, has now been recognised as a ‘Standard Developing Organisation’ by the Bureau of Indian Standards (BIS), for three years period.
- BIS is the implementing agency for the ‘One Nation, One Standard’ scheme.
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Question 20 of 50
20. Question
1 pointsWho is the director of the Intelligence Bureau (IB)?
Correct
- The government extended the tenure of Intelligence Bureau (IB) Director Arvinda Kumar and Research and Analysis Wing (R&AW) Chief Samant Kumar Goel, by one-year.
Incorrect
- The government extended the tenure of Intelligence Bureau (IB) Director Arvinda Kumar and Research and Analysis Wing (R&AW) Chief Samant Kumar Goel, by one-year.
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Question 21 of 50
21. Question
1 pointsName the scheme launched by the Ministry of Education for mentoring young authors?
Correct
- The Department of Higher Education under Ministry of Education, has launched a new initiative called ‘YUVA- Prime Minister’s Scheme For Mentoring Young Authors’
- YUVA stands for Young, Upcoming and Versatile Authors.
- The National Book Trust, India under the Ministry of Education will be the Implementing Agency for the scheme.
Incorrect
- The Department of Higher Education under Ministry of Education, has launched a new initiative called ‘YUVA- Prime Minister’s Scheme For Mentoring Young Authors’
- YUVA stands for Young, Upcoming and Versatile Authors.
- The National Book Trust, India under the Ministry of Education will be the Implementing Agency for the scheme.
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Question 22 of 50
22. Question
1 pointsWhich institution has developed an online platform ‘E-Source’ to tackle e-Waste?
Correct
- The Indian Institute of Technology (IIT) Madras is working on developing an innovative digital model to address the problem of e-waste (electronic wastes).
- The digital platform, named as ‘e-Source,’ will act as an exchange platform, to serve as an online marketplace for Waste Electrical and Electronic Equipment (WEEE).
Incorrect
- The Indian Institute of Technology (IIT) Madras is working on developing an innovative digital model to address the problem of e-waste (electronic wastes).
- The digital platform, named as ‘e-Source,’ will act as an exchange platform, to serve as an online marketplace for Waste Electrical and Electronic Equipment (WEEE).
-
Question 23 of 50
23. Question
1 pointsThe app-based lending platform ‘Digital Prayaas’ has been launched by?
Correct
- The Small Industries Development Bank of India (SIDBI) has launched an app-based digital-lending platform named ‘Digital Prayaas’, to sanction loans to entrepreneurs from low-income groups.
Incorrect
- The Small Industries Development Bank of India (SIDBI) has launched an app-based digital-lending platform named ‘Digital Prayaas’, to sanction loans to entrepreneurs from low-income groups.
-
Question 24 of 50
24. Question
1 pointsWho is the Chairman of Gandhi Smriti and Darshan Samiti (GSDS)?
Correct
- Former Union Minister Shri Vijay Goel has been appointed as the Vice-Chairman of Gandhi Smriti and Darshan Samiti (GSDS). It is the site of the Martyrdom of Mahatma Gandhi, the Father of the Nation.
- Gandhi Smriti and Darshan Samiti (GSDS) was formed in September 1984 as an autonomous body. It is functioning under constructive advice and financial support from the Ministry of Culture. It is located in New Delhi.
- The Prime Minister of India is the Chairperson of Gandhi Smriti and Darshan Samiti (GSDS). The objective of the Samiti are to propagate the life, mission and thought of Mahatma Gandhi through various socio-educational and cultural programmes.
Incorrect
- Former Union Minister Shri Vijay Goel has been appointed as the Vice-Chairman of Gandhi Smriti and Darshan Samiti (GSDS). It is the site of the Martyrdom of Mahatma Gandhi, the Father of the Nation.
- Gandhi Smriti and Darshan Samiti (GSDS) was formed in September 1984 as an autonomous body. It is functioning under constructive advice and financial support from the Ministry of Culture. It is located in New Delhi.
- The Prime Minister of India is the Chairperson of Gandhi Smriti and Darshan Samiti (GSDS). The objective of the Samiti are to propagate the life, mission and thought of Mahatma Gandhi through various socio-educational and cultural programmes.
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Question 25 of 50
25. Question
1 pointsWhich of the following bank has appointed Rani Rampal and Smriti Mandhana as its brand ambassadors?
Correct
Equitas Small Finance Bank appoints hockey player Rani Rampal & cricketer Smriti Mandhana as brand ambassadors
Incorrect
Equitas Small Finance Bank appoints hockey player Rani Rampal & cricketer Smriti Mandhana as brand ambassadors
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Question 26 of 50
26. Question
1 pointsThe 73rd Primetime Emmy Awards ceremony was held in which city?
Correct
Los Angeles, California
Incorrect
Los Angeles, California
-
Question 27 of 50
27. Question
1 pointsWho is the author of the book ‘The Earthspinner’?
Correct
Novelist Anuradha Roy’s new novel ‘The Earthspinner’ released.
Incorrect
Novelist Anuradha Roy’s new novel ‘The Earthspinner’ released.
-
Question 28 of 50
28. Question
1 pointsWhich is the Indian company to touch a market capitalization (m-cap) of USD 100 billion?
Correct
- On August 24, 2021, Infosys became the fourth Indian company to touch a market capitalization (m-cap) of USD 100 billion.
- TCS, Reliance Industries and HDFC Bank are the first three companies to cross the market capitalization of USD 100 billion.
Incorrect
- On August 24, 2021, Infosys became the fourth Indian company to touch a market capitalization (m-cap) of USD 100 billion.
- TCS, Reliance Industries and HDFC Bank are the first three companies to cross the market capitalization of USD 100 billion.
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Question 29 of 50
29. Question
1 pointsUniversal Service Obligation Fund (USOF) has partnered with which company to make available high quality and high speed internet facility to states in the North Eastern Region of India?
Correct
- The Universal Service Obligation Fund (USOF) has signed an agreement with Bharat Sanchar Nigam Limited (BSNL) to make available high quality and high speed internet facility to states in the North Eastern Region of India.
Incorrect
- The Universal Service Obligation Fund (USOF) has signed an agreement with Bharat Sanchar Nigam Limited (BSNL) to make available high quality and high speed internet facility to states in the North Eastern Region of India.
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Question 30 of 50
30. Question
1 pointsWho is the Chairman of Advisory Board for Banking Frauds?
Correct
- The Central Vigilance Commission (CVC) has announced the re-appointment of T M Bhasin as chairman of the Advisory Board for Banking and Financial Frauds (ABBFF).
Incorrect
- The Central Vigilance Commission (CVC) has announced the re-appointment of T M Bhasin as chairman of the Advisory Board for Banking and Financial Frauds (ABBFF).
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Question 31 of 50
31. Question
1 pointsThe first-ever Global Buddhist Conference will be held in which country?
Correct
India is set to host the first-ever Global Buddhist Conference on November 19 and 20, 2021, in Nava Nalanda Mahavihara campus, in Nalanda, Bihar.
Incorrect
India is set to host the first-ever Global Buddhist Conference on November 19 and 20, 2021, in Nava Nalanda Mahavihara campus, in Nalanda, Bihar.
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Question 32 of 50
32. Question
1 pointsThe 6th Eastern Economic Forum (EEF) was held in which country?
Correct
Prime Minister Shri Narendra Modi virtually addressed the plenary session of the 6th Eastern Economic Forum (EEF), organised on September 03, 2021 in Vladivostok, Russia
Incorrect
Prime Minister Shri Narendra Modi virtually addressed the plenary session of the 6th Eastern Economic Forum (EEF), organised on September 03, 2021 in Vladivostok, Russia
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Question 33 of 50
33. Question
1 pointsThe multi-nation military exercise ‘ZAPAD 2021 was hosted by which country?
Correct
- The Indian Army will participate in a multi-nation military exercise named ‘ZAPAD 2021’ at Nizhny in Russia.
- The exercise will be held between September 03, 2021 and September 16, 2021.
Incorrect
- The Indian Army will participate in a multi-nation military exercise named ‘ZAPAD 2021’ at Nizhny in Russia.
- The exercise will be held between September 03, 2021 and September 16, 2021.
-
Question 34 of 50
34. Question
1 pointsWorld Bank has discontinued the publication of which report?
Correct
The World Bank Group has announced to discontinue the Doing Business report (popularly know as ease of doing business ranking).
Incorrect
The World Bank Group has announced to discontinue the Doing Business report (popularly know as ease of doing business ranking).
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Question 35 of 50
35. Question
1 pointsIMF has allocated what amount of Special Drawing Rights (SDR) to its members effective from August 23, 2021?
Correct
The Board of Governors of the International Monetary Fund (IMF) have approved a record general allocation of $650 billion in IMF Special Drawing Rights (SDR), to help boost global liquidity.
Incorrect
The Board of Governors of the International Monetary Fund (IMF) have approved a record general allocation of $650 billion in IMF Special Drawing Rights (SDR), to help boost global liquidity.
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Question 36 of 50
36. Question
1 pointsManorama Mohapatra, who passed away recently was a litterateur in which language?
Correct
Eminent Odia litterateur, social worker and journalist Manorama Mohapatra passed away at the age of 87 years.
Incorrect
Eminent Odia litterateur, social worker and journalist Manorama Mohapatra passed away at the age of 87 years.
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Question 37 of 50
37. Question
1 pointsWhat is the rank of India in the 2021 Global Manufacturing Risk Index?
Correct
India has been ranked second in Cushman & Wakefield’s 2021 Global Manufacturing Risk Index. China is at the top spot.
Incorrect
India has been ranked second in Cushman & Wakefield’s 2021 Global Manufacturing Risk Index. China is at the top spot.
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Question 38 of 50
38. Question
1 pointsThe government of India has extended the duration of ‘Stand Up India Scheme’ up to which year?
Correct
- The Government of India has extended the duration of ‘Stand Up India Scheme’ up to the year 2025.
- The scheme was launched by the Prime Minister on 05 April, 2016 to facilitate loans to Scheduled Caste, Scheduled Tribe and women borrowers, to promotes entrepreneurship among them.
Incorrect
- The Government of India has extended the duration of ‘Stand Up India Scheme’ up to the year 2025.
- The scheme was launched by the Prime Minister on 05 April, 2016 to facilitate loans to Scheduled Caste, Scheduled Tribe and women borrowers, to promotes entrepreneurship among them.
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Question 39 of 50
39. Question
1 pointsIndia has won how many Gold Medal at the Tokyo Paralympic Games 2020?
Correct
- India finished their campaign at the Tokyo Paralympics 2020 with an all-time high 19 medals which includes five gold, eight silver, and six bronze. This is the best medal tally for India at single edition of the Paralympic Games.
- India is placed at 24th position in the overall medal tally out of a total of 162 nations.
Incorrect
- India finished their campaign at the Tokyo Paralympics 2020 with an all-time high 19 medals which includes five gold, eight silver, and six bronze. This is the best medal tally for India at single edition of the Paralympic Games.
- India is placed at 24th position in the overall medal tally out of a total of 162 nations.
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Question 40 of 50
40. Question
1 pointsDurand Cup is related to which sports?
Correct
Durand Cup makes re-entry with 130th edition to be held at Kolkata from September 2021 Durand Cup, Asia’s oldest and world’s third oldest football tournament
Incorrect
Durand Cup makes re-entry with 130th edition to be held at Kolkata from September 2021 Durand Cup, Asia’s oldest and world’s third oldest football tournament
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Question 41 of 50
41. Question
1 pointsWhen is World Blood Donor Day observed?
Correct
World Blood Donor Day is observed on June 14 every year to raise awareness of the need for safe blood and blood products
Incorrect
World Blood Donor Day is observed on June 14 every year to raise awareness of the need for safe blood and blood products
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Question 42 of 50
42. Question
1 pointsWhat is India’s GDP growth rate projection for Calendar Year 2022 as per United Nations Conference on Trade and Development (UNCTAD)?
Correct
- The United Nations Conference on Trade and Development (UNCTAD) has pegged India’s economic growth rate as follows, in its Trade and Development report released on September 15, 2021:
- Calendar Year (CY) 2021 – 7.2%
- Calendar Year 2022 – 6.7%
Incorrect
- The United Nations Conference on Trade and Development (UNCTAD) has pegged India’s economic growth rate as follows, in its Trade and Development report released on September 15, 2021:
- Calendar Year (CY) 2021 – 7.2%
- Calendar Year 2022 – 6.7%
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Question 43 of 50
43. Question
1 pointsWhich bank has launched the POS device ‘WisePOSGo’ for merchant customers?
Correct
- The Karnataka Bank has launched an all-in-one Point-of-Sales (POS) swiping machine dubbed as ‘WisePOSGo’, for its merchant customers to process business payments.
Incorrect
- The Karnataka Bank has launched an all-in-one Point-of-Sales (POS) swiping machine dubbed as ‘WisePOSGo’, for its merchant customers to process business payments.
-
Question 44 of 50
44. Question
1 pointsWhat is the per transaction limit of fund transfer under the Indo-Nepal Remittance Facility Scheme done via online mode?
Correct
- The Reserve Bank of India has increased the limit of fund transfer under the Indo-Nepal Remittance Facility Scheme from Rs 50,000 per transaction to Rs 2 lakh per transaction.
Incorrect
- The Reserve Bank of India has increased the limit of fund transfer under the Indo-Nepal Remittance Facility Scheme from Rs 50,000 per transaction to Rs 2 lakh per transaction.
-
Question 45 of 50
45. Question
1 pointsWhich bank has been ranked second in the EASE Reforms Index Award 2021?
Correct
- State Bank of India is the Overall winner of the EASE Reforms Index Award 2021 (EASE 3.0 Awards). Bank of Baroda is second and Union Bank of India is third.
Incorrect
- State Bank of India is the Overall winner of the EASE Reforms Index Award 2021 (EASE 3.0 Awards). Bank of Baroda is second and Union Bank of India is third.
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Question 46 of 50
46. Question
1 pointsWhat is the limit for collateral-free loans to Self Help Group?
Correct
- The Reserve Bank of India has raised the limit for collateral free loans to Self-Help Groups (SHG) under the DAY-NRLM (Deendayal Antyodaya Yojana – National Rural Livelihoods Mission) from Rs. 10 lakhs to Rs. 20 Lakhs.
Incorrect
- The Reserve Bank of India has raised the limit for collateral free loans to Self-Help Groups (SHG) under the DAY-NRLM (Deendayal Antyodaya Yojana – National Rural Livelihoods Mission) from Rs. 10 lakhs to Rs. 20 Lakhs.
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Question 47 of 50
47. Question
1 pointsWhat is the loan limit that a bank can sanction to Directors of other banks without board approval?
Correct
- The Reserve Bank of India has raised the limit on loans that can be sanctioned by a bank to any director or associates of other banks, without board approval to Rs 5 crore. Earlier this limit was Rs 25 lakh.
Incorrect
- The Reserve Bank of India has raised the limit on loans that can be sanctioned by a bank to any director or associates of other banks, without board approval to Rs 5 crore. Earlier this limit was Rs 25 lakh.
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Question 48 of 50
48. Question
1 pointsWhat amount of On-Tap Liquidity Window has RBI launched for contact-intensive sectors?
Correct
- The Reserve Bank of India has launched a separate liquidity window of Rs. 15,000 crore certain contact-intensive sectors.
Incorrect
- The Reserve Bank of India has launched a separate liquidity window of Rs. 15,000 crore certain contact-intensive sectors.
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Question 49 of 50
49. Question
1 pointsWhich bank has launched Digital banking Platform ‘Merchant Stack’?
Correct
ICICI Bank launches Digital banking Platform ‘Merchant Stack’
Incorrect
ICICI Bank launches Digital banking Platform ‘Merchant Stack’
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Question 50 of 50
50. Question
1 pointsThe MD and CEO of a private bank cannot hold the position for more than how many years?
Correct
- The Reserve Bank of India (RBI) has capped the tenure of Managing Director and Chief Executive (MD & CEO) of commercial banks to 15 years. The same limit will also be applicable to whole time directors (WTD).
Incorrect
- The Reserve Bank of India (RBI) has capped the tenure of Managing Director and Chief Executive (MD & CEO) of commercial banks to 15 years. The same limit will also be applicable to whole time directors (WTD).
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Questions No 38
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Durand cup is related to Football
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Answer has been corrected..