SBI Clerk Mains Mock Test - 2 - Bank Exams MCQ

The Committee was formed on 30 March 1979, under the Chairmanship of Shri B. Sivaraman, a former member of Planning Commission, Government of India.

The Committee’s interim report, submitted on 28 November 1979, outlined the need for a new organizational device for providing undivided attention, forceful direction, and pointed focus to credit-related issues linked with rural development.

Its recommendation was the formation of a unique development financial institution that would address these aspirations and the formation of the National Bank for Agriculture and Rural Development (NABARD) was approved by the Parliament through Act 61 of 1981.

Hence, the correct option is (B).

Under this, 19 international players from the state will get road connectivity to their houses.

Indian pacer Bhuvneshwar Kumar, former pacer Praveen Kumar, Piyush Chawla, and Mohammad Kaif are among the 19 athletes who will be benefited from the scheme.

Hence, the correct option is (C).

Hence, the correct option is (C).

His original name was Hazrat Fariduddin Ganjshakar.

He is recognized as the first major Sufi poet of the Punjabi Language.

Some parts of the poems of Baba Farid have been included in the Guru Granth Sahib.

Hence, the correct option is (A).

It is the ethnic group of eastern India.

Their greatest concentration is in the states of Bihar, Jharkhand, West Bengal, and Orissa.

They belong to the Pre-Aryan period and were the great fighters during the British regime in India.

Hence, the correct option is (D).

Hence, the correct option is (B).

Hence, the correct option is (B).

Through this collaboration, NHA and ITC e-Choupal will spread awareness about AB PM-JAY scheme and conduct outreach and training activities.

This partnership between National Health Authority and ITC e-Choupal, will empower millions of citizens in rural India and Indian farmers with digital interventions.

The collaboration focuses on providing secondary and tertiary treatment for a range of serious illnesses such as cancer, heart ailments, etc to farmers and their families in rural areas.

Hence, the correct option is (D).

He was a Scottish economist and a moral philosopher.

The book was published in 1776 and is considered as a very important piece of economic literature as it was one of the first books which explained how a nation built its wealth back in that period.

Hence, the correct option is (B).

Externalities can either be positive or negative.

Hence, the correct option is (C).

She will serve as an Independent Director.

Naidu is CEO Asia Pacific of Zurich Insurance Group.

Before that, she spent 14 years at Prudential in various executive positions across the UK and Europe business.

Hence, the correct option is (B).

• The last Governor-General of the Dominion of India – C. Rajagopalachari.

• Second President and the First Vice President of India – Sarvepalli Radhakrishnan.

• Nobel Prize Laureate, Physicist C. V. Raman.

Hence, the correct option is (B).

The first Finance Commission was constituted in 1951. So, Statement 2 is correct.

The eligibility of members of the Finance Commission is determined by the Parliament of India. So, Statement 1 is incorrect.

Chairman of Finance Commission submits his report to the President of India. So, Statement 4 is incorrect.

Composition: Chairman and 4 members.

• ​They make recommendations on

• net proceeds distribution between union and state.

• grant-in-aid from CFI (Consolidated Fund of India).

• Principles and measures needed for augmentation of CFS (Consolidated Fund of State).

Resources to panchayats and municipalities.

Any other matter referred to the commission by President in the interest of sound finance.

Procedure and powers are defined by parliament law.

Hence, the correct option is (B).

At a zero-cost, PayPal merchants will now be able to download their monthly digital FIRA issued by the bank by logging into their PayPal account.

The initiative is aimed to empower Indian MSME exporters to grow their business internationally.

Hence, the correct option is (A).

• Bharatanatyam (Tamil Nadu)

• Kathak (North, West and Central India)

• Kathakali (Kerala)

• Kuchipudi (Andhra Pradesh)

• Odissi (Orissa)

• Manipuri (Manipur)

• Mohiniyattam (Kerala)

• Sattriya (Assam)

Hence, the correct option is (B).

A wide range of sports and games are played by Punjabis, ranging from modern games such as hockey and cricket, to more traditional games such as Kabaddi, Kushtian, and Khuddo Khoondi (similar to hockey).

There are over 100 traditional Punjab games and sports.

Kabaddi is a sport of contact team played between two seven-player teams each.

The goal of the game is for a single player on offense, referred to as a raider, to run into the half of a court of the opposing team, tag out as many of their defenders as possible, and return to their own half of the court, all without being tackled and in a single breath by the defenders.

The raider is tagged with points, while the winning team wins a point for stopping the raider.

If they are tagged or tackled, players are taken out of the game but are brought back in from a tag or tackle for each point scored by their side.

Hence, the correct option is (B).

It is also defined in Unite Nations principle instruments.

Thus statement 1 is correct.

At present only 20% of world population is covered under social security schemes.

The statistics varies from country to country like in Sub-Saharan Africa and South Asia the coverage is only 5 to 10 percent while that in industrialized countries the coverage is up to 100 %.

So statement 2 is correct.

Lack of social security coverage is mostly concentrated in the informal economies of the developing nations.

The informal sector is mostly employed by women.

Hence, the correct option is (A).

It rose primarily due to a rise in prices of crude petroleum, mineral oils, the commerce ministry data showed.

On a month-on-month basis, WPI inflation saw 310 basis points rise as compared to 7.39 percent in March 2021.

Hence, the correct option is (C).

The deal to upgrade the 39 km long road between Ashuganj river port to Dharhara area was signed between the Roads and Highways Department of Bangladesh and an Indian Company Afcons Infrastructure Limited.

The project is part of the dollar 2 billion second line of credit extended by India to Bangladesh in 2016.

The project will boost connectivity between Bangladesh and North-eastern part of India which will facilitate sub-regional connectivity among South and South-east Asian countries.

Hence, the correct option is (B).

Article 1 describes India, i.e. Bharat, as a Union of States.

According to Article 1, the Territory of India can be classified into three categories:

• Territories of the States.

• Union Territories.

• Territories that may be acquired by the Government of India at any time.

At present, there are 28 states and 8 Union territories in the country.

Article 2 empowers the Parliament to admit into the Union of India, or establish new states on such terms and conditions as it thinks fit.

Hence, the correct option is (A).

Hence, the correct option is (C).

Adjournment: It suspends the work in a sitting for a specified time, which may be hours, days, or weeks.

Adjournment sine dies: It means terminating a sitting of Parliament for an indefinite period. (In other words, when the House is adjourned without naming a day for reassembly).

Prorogation: The President issues notification for the prorogation of the session after the business of a session is completed and the presiding officer declares the House adjourned sine die.

Hence, the correct option is (C).

Its construction is generally attributed to the eighth-century Rashtrakuta king Krishna I (756 – 773).

It is a Hindu temple in the Dravidian architectural style.

It is dedicated to Lord Shiva and is known for its historical importance.

Hence, the correct option is (D).

With DigiGold, Airtel Payments Bank's savings account customers can invest in 24K gold using the Airtel Thanks app.

Customers can also gift DigiGold to their family and friends, who have a savings account with the Airtel Payments Bank.

Payments Bank:

The payments banks operate on a smaller or restricted scale.

They cannot advance loans or issue credit cards.

They can accept demand deposits only i.e. savings and current accounts, not time deposits.

The Payment Banks cannot set up subsidiaries to undertake non-banking financial services activities.

Hence, the correct option is (D).

(a) To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit funds

Making payment simpler just with the mobile number of the beneficiary

(b) To sub-serve the goal of Reserve Bank of India (RBI) in electronification of retail payments

(c) To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment

(d) Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured manner

(e) To build the foundation for a full range of mobile based Banking services.

Hence, the correct option is (B).

He has been recognized for his extraordinary commitment and outstanding service to humanity through his writings, social and illustrious public life.

The award will be formally presented to the union minister on Guru Purnima 2021.

Hence, the correct option is (D).

Dr. APJ Abdul Kalam was the 11th President of India who has also written the books like Wings of fire, Ignited Minds, India 2020.

Shashi Tharoor is an Indian Politician who has written the book "The Era of Darkness", "The Inglorious Empire", "Why I am a Hindu".

Indira Gandhi was the first woman prime minister of India who has written the book My Truth, Eternal India.

Hence, the correct option is (B).

The Preamble reveals 4 ingredients of the components-

• Source of the authority of the Constitution: The Preamble states that the Constitution derives its authority from the people of India.

• Nature of Indian State: It declares India to be of a sovereign, socialist, secular democratic, and republican polity.

• Objectives of the Constitution: It specifies justice, liberty, equality, and fraternity as the objectives.

• Date of adoption of the Constitution: It stipulates November 26, 1949, as the date.

The word socialism is added by the 42nd amendment in 1976 in the Preamble of the Indian Constitution. So, Statement 2 is correct.

• The constitution has socialist nature in the form of the directive principle of State Policy (DPSP).

• The Congress party adopted a resolution to establish a socialist pattern of society in its Avadi session in 1955. So, Statement 1 is correct.

• However, the Indian brand of socialism is democratic socialism and not communist socialism.

• Democratic socialism holds faith in a mixed economy where both the public and private sectors coexist side by side.

• Democratic socialism aims to end poverty, ignorance, disease, and inequality of opportunity.

• Indian socialism is a blend of Marxism and Gandhism leaning heavily towards Gandhian socialism.

• The new economic policy of liberalization, privatization, and globalization in 1991 however diluted the socialist credentials of the Indian state to an extent.

Hence, the correct option is (A).

So, these are the questions and answers with explanation regarding Indian states sharing border with China.

Hence, the correct option is (C).

The London-based bank's Standard Chartered GBS unit is leasing 7.7 lakh square feet for 15 years in a project being developed by DLF and Singapore sovereign fund GIC.

This is one of the largest commercial office space deals in India during recent times.

Hence, the correct option is (A).