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SBI Clerk Mains Mock Test - 4 - Bank Exams MCQ


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30 Questions MCQ Test Mock Tests for Banking Exams 2024 - SBI Clerk Mains Mock Test - 4

SBI Clerk Mains Mock Test - 4 for Bank Exams 2024 is part of Mock Tests for Banking Exams 2024 preparation. The SBI Clerk Mains Mock Test - 4 questions and answers have been prepared according to the Bank Exams exam syllabus.The SBI Clerk Mains Mock Test - 4 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for SBI Clerk Mains Mock Test - 4 below.
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SBI Clerk Mains Mock Test - 4 - Question 1

Which of the following is not a Money Market Instrument?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 1
The money market is the arena in which financial institutions make available to a broad range of borrowers and investors the opportunity to buy and sell various forms of short-term securities.

There is no physical "money market." Instead, it is an informal network of banks and traders linked by telephones, fax machines, and computers.

Money markets exist both in the United States and abroad.

The short-term debts and securities sold on the money markets—which are known as money market instruments—have maturities ranging from one day to one year and are extremely liquid.

Treasury bills, federal agency notes, certificates of deposit (CDs), eurodollar deposits, commercial paper, bankers' acceptances, and repurchase agreements are examples of instruments.

The suppliers of funds for money market instruments are institutions and individuals with a preference for the highest liquidity and the lowest risk.

Hence, the correct option is (E).

SBI Clerk Mains Mock Test - 4 - Question 2

Who is appointed as the head of its Anti-Corruption Unit of BCCI?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 2
Board of Control for Cricket in India (BCCI) appointed former Gujarat DGP Shabir Hussein Shekhadam Khandwawala as the head of its Anti-Corruption Unit.

a. Mallika Srinivasan- Chairperson of Public Enterprises Selection Board

b. Mukhmeet S. Bhatia- Director General of Employees’ State Insurance Corporation

c. Subhash Kumar- Chairman and Managing Director (CMD) of Oil and Natural Gas Corporation Limited

d. Chintan Vaishnav- Mission Director of Atal Innovation Mission

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SBI Clerk Mains Mock Test - 4 - Question 3

Which city received the UNESCO award for its “innovative, intelligent, networked and expressly sustainable” housing policy in 2020?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 3
Vienna’s inclusive housing policy has been recognized by UNESCO.

UNESCO and Netexplo, a company in the field of futurology and innovation research, have awarded ten global cities for their top performance in certain areas of society.

Vienna received the award for its “innovative, intelligent, networked and expressly sustainable” housing policy.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 4 - Question 4

The Devishankar Awasthi Award for criticism is given to the prolific Hindi prose, journalist and critic Ashutosh Bhardwaj for his work ___________.

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 4
The Devishankar Awasthi Award for criticism is given to the prolific Hindi prose, journalist and critic Ashutosh Bhardwaj.

This honor has been given to him for his work ‘Pitru Slaughter’. This book has been published in English under the name of ‘The Death Trap’.

SBI Clerk Mains Mock Test - 4 - Question 5

Which bank is set to launch SafePay, a digital facility that allows contactless debit card payments by simply waving one’s smartphone against a Near Field Communication (NFC)-enabled POS terminal?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 5
IDFC First Bank is set to launch SafePay.

It is a digital facility that allows contactless debit card payments by simply waving one’s smartphone against a Near Field Communication (NFC)-enabled POS terminal.

SafePay embeds Near Field Communication (NFC) technology in the IDFC First Mobile App to enable secure payments using a debit card issued by the Bank.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 4 - Question 6

NITI Aayog, in partnership with Bill and Melinda Gates Foundation and Centre for Social and Behaviour Change, Ashoka University launched _____________, a national digital repository on health and nutrition.

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 6
NITI Aayog, in partnership with Bill and Melinda Gates Foundation and Centre for Social and Behaviour Change, Ashoka University launched Poshan Gyan, a national digital repository on health and nutrition.

Poshan Gyan repository was conceptualized as a resource, enabling search of communication materials on 14 thematic areas of health and nutrition across diverse languages, media types, target audiences and sources.

SBI Clerk Mains Mock Test - 4 - Question 7

World Intellectual Property Organization (WIPO) released the Global Innovation Index 2020. According to the Index, what is the rank of India?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 7
India has climbed 4 spots and has been ranked 48th by the World Intellectual Property Organization (WIPO) in the Global Innovation Index 2020 rankings.

India ranked first in the central and southern Asia region.

India ranked third in lower and middle-income group countries.

The top three countries are:

​Switzerland

Sweden

The United States of America

In 2020, the Global Innovation Index (GII) presented its 13th edition dedicated to the theme Who Will Finance Innovation?

Mr. Piyush Goyal, Minister of Commerce and Industry and Railways was also present for the virtual launch.

India was at the 52nd position in 2019 and was ranked 81st in the year 2015.

The WIPO had also accepted India as one of the leading innovation achievers of 2019 in the central and southern Asian region, as it has shown a consistent improvement in its innovation ranking for the last 5 years.

The World Intellectual Property Organization (WIPO) took the help of Cornell University and INSEAD Business School for the report.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 4 - Question 8

To promote wellbeing across age groups MANAS App was launched virtually which is endorsed as a national program by the Prime Minister’s Science, Technology, and Innovation Advisory Council. What is the acronym of ‘M’?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 8
MANAS - Mental Health and Normalcy Augmentation System.

To promote wellbeing across age groups MANAS App was launched virtually which is endorsed as a national program by the Prime Minister’s Science, Technology, and Innovation Advisory Council.

MANAS was initiated by the Office of the Principal Scientific Adviser to the Government of India. It was jointly executed by NIMHANS Bengaluru, AFMC Pune and C-DAC Bengaluru.

SBI Clerk Mains Mock Test - 4 - Question 9

Who among the following is the author of the novel 'Burnt Sugar'?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 9
Avni Doshi is an author of the novel 'Burnt Sugar' which has been longlisted for the Booker Prize 2020.

It is her debut book which is a feminist novel set in modern-day India that ponders motherhood and the change of roles from being a daughter to becoming a caregiver for an elderly mother.

The Booker Prize for Fiction, formerly known as the Booker–McConnell Prize (1969–2001) and the Man Booker Prize (2002–2019), is a literary prize awarded each year for the best original novel written in the English language and published in the United Kingdom.

The other options of the question are authors of the books that are explained below:

Sree Iyer is the author of the book 'Who painted my lust red?'.

Tenzin Priyadarshi and Zara Houshmand are co-authors of the book 'Running towards Mystery'.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 4 - Question 10

Who became India’s women hockey team captain for Tokyo Olympics?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 10
India’s women hockey team will be captained by Rani Rampal at Tokyo Olympics.

India’s men hockey teams will be captained by Manpreet Singh at Tokyo Olympics.

SBI Clerk Mains Mock Test - 4 - Question 11

With which country has India begun the fourth edition of maritime bilateral exercise in North Arabian Sea in September 2020?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 11
The fourth edition of the India-Japan maritime bilateral exercise (JIMEX) began in the North Arabian Sea from 26 September 2020.

The exercise is conducted biennially between the Indian Navy and the Japanese Maritime Self-Defense Force (JMSDF).

‘JIMEX’ series of exercises commenced in January 2012 with a special focus on maritime security cooperation.

The last edition of JIMEX was conducted in October 2018.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 4 - Question 12

In 2021, which sportswoman was awarded Chhattisgarh Veerni Award?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 12
14 Women including Dutee Chand have been shortlisted for Chhattisgarh Veerni Award.

The awardees are a diverse group of women achievers and leaders from Chhattisgarh and other parts of India in the fields of law, education, literature, history, music, business, sports, law enforcement and social work.

The awardees include Teejan Bai, Dutee Chand, Shubha Mudgal, Rebecca Mammen John, Sabbah Haji, Rana Safvi, Budhri Taati, Keshkunwar Panika, Amita Shriwas, Lakshmi Karyare, Ameera Shah, Yashica Dutt, Ankita Gupta and Savita Awasthi.

SBI Clerk Mains Mock Test - 4 - Question 13

When is the World Mental Health Day observed?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 13
World Mental Health Day is observed every year on 10th October.

The day raises awareness about mental health issues and provides information on different programmes on the treatment of mental illnesses.

The theme for World Mental Health Day 2020 is 'Mental Health for All: Greater Investment – Greater Access'.

The first-ever World Mental Health Day was celebrated on October 10, 1992.

Hence, the correct option is (D).

SBI Clerk Mains Mock Test - 4 - Question 14

Who is appointed as the next Chief Election Commissioner?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 14
Election Commissioner Sushil Chandra was appointed as the next Chief Election Commissioner.
SBI Clerk Mains Mock Test - 4 - Question 15

The first person to be cured of HIV, known as the "Berlin Patient" has died from cancer. What was his name?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 15
The first person to be cured of HIV, Timothy Ray Brown - known as the "Berlin Patient" has died from cancer, the International AIDS Society announced.

Brown made medical history and became a symbol of hope for the tens of millions of people living with the virus that causes AIDS when he was cured more than a decade ago.

He had been living with a recurrence of leukemia for several months.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 4 - Question 16

Indian Army formally closed down military farms. The first military farm was raised on 1st February _____ at Allahabad.

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 16
Indian Army formally closed down military farms. The military farms were set up with the sole requirement of supplying hygienic cow's milk to troops billeted in various garrisons across British India.

The first military farm was raised on 1st February 1889 at Allahabad.

After 132 years of service to the nation, the organisation is being closed.

SBI Clerk Mains Mock Test - 4 - Question 17

Which of the following depositories is the first and largest depositories in India?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 17
National Securities Depositories Limited (NSDL) is the first and largest depository presently operational in India.

The enactment of the Depositories Act in August 1996 paved the way for the establishment of NSDL.

It was established in August 1996

It was promoted as a joint venture of the IDBI, UTI, and the National Stock Exchange.

Its tag line −Technology, Trust and Reach.

It is a state-of-the-art infrastructure that handles most of the securities held and settled in dematerialized form in the Indian capital market.

The Central Depository Services Limited (CDSL) is the second depository to commence operations and was promoted by the Bombay Stock Exchange and the Bank of India.

Both these national-level depositories operate through intermediaries who are electronically connected to the depository and serve as contact points with the investors and are called depository participants.

Mr G. V. Nageswara Rao is Managing Director & CEO of National Securities Depository Limited

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 4 - Question 18

What was India’s position in 34th edition of the Asian Wrestling Championship that took place in Almaty, Kazakhstan?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 18
34th edition of the Asian Wrestling Championship took place in Almaty, Kazakhstan.

Iran topped the medal tally while Kazakhstan was second. India was at 3rd place with 14 medals (5 gold, 3 silver and 6 bronze).

SBI Clerk Mains Mock Test - 4 - Question 19

The ‘YSR Asara’ scheme will benefit how many women belonging to self-help groups (SHGs)?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 19
Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy has launched the ‘YSR Asara’ scheme.

It will benefit 87 lakh women belonging to 8.71 lakh self-help groups (SHGs).

The scheme promises to deposit money in the bank accounts of eligible women, amounting to Rs 27,168 crore in total, in four instalments.

He released the first instalment of Rs 6,792 crore on 11 Sept 2020.

Andhra Pradesh:

Number of Districts - 13.

Lok Sabha seats - 25.

Rajya Sabha seats - 11.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 4 - Question 20

What is India’s rank in World Press Freedom Index 2021?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 20
The World Press Freedom Index is an annual ranking of countries compiled and published by Reporters Without Borders since 2002. The World Press Freedom Index 2021 ranks 180 countries.

Top Ranked Nations : Norway is ranked number 1 in the index, followed by Finland, Sweden, Denmark and Costa Rica.

India’s Rank : India ranks 142nd in the index. India shares the “bad” classification with Brazil, Mexico and Russia.

Lowest Ranked Nations : At the bottom of the index is Eritrea (180), with North Korea (179), Turkmenistan (178) and China (177) preceding it.

SBI Clerk Mains Mock Test - 4 - Question 21

Who among the following has committed an official Development Assistance loan of 3 thousand 500 crore rupees for India's COVID-19 Crisis Emergency Response Support? (September 2020)

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 21
Japan (through its agency Japan International Cooperation Agency (JICA)) has committed an official Development Assistance loan of 3 thousand 500 crore rupees for India's COVID-19 Crisis Emergency Response Support.

A loan agreement was signed between the additional secretary in the department of economic affairs Dr C.S. Mohapatra and Chief Representative of JICA in New Delhi - Katsuo Matsumoto.

Japan International Cooperation Agency, JICA is a governmental agency that coordinates Official Development Assistance for the Government of Japan.

This program loan aims to support India’s efforts in fighting COVID-19 and to prepare the health system to manage future epidemics.

This Grant-in-aid from the Government of Japan is for providing medical equipment to strengthen the public health and medical system in India.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 4 - Question 22

Who is the author of the book “A Kashmiri Century: Portrait of a Society in Flux”?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 22
Khemlata Wakhlu is the author of the book “A Kashmiri Century: Portrait of a Society in Flux”.
SBI Clerk Mains Mock Test - 4 - Question 23

In September 2020, the Pradhan Mantri Garib Kalyan Package Insurance Scheme for Health Workers Fighting COVID-19 has been extended for another how many months?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 23
The Pradhan Mantri Garib Kalyan Package Insurance Scheme for Health Workers Fighting COVID-19 has been extended for another six months.

It was announced on 30th March 2020 for a period of 90 days and it was extended for a further period of 90 days up to 25th September 2020.

This Central Sector Scheme provides an insurance cover of Rs. 50 lakh to healthcare providers.

Hence, the correct option is (D).

SBI Clerk Mains Mock Test - 4 - Question 24

Who became the first Indian woman climber to scale Mt Annapurna, the 10th highest mountain peak in the world?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 24
Priyanka Mohite from Satara in western Maharashtra has scaled Mt Annapurna, the 10th highest mountain peak in the world, becoming the first Indian woman climber to achieve the feat.

She works with Syngene International Limited, Biocon's research organisation offering pharma and biotechnology majors customised solutions in synthetic chemistry and molecular biology for early-stage drug discovery and development.

SBI Clerk Mains Mock Test - 4 - Question 25

What is the minimum support price (MSP)?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 25
MSP is the rate at which the government buys the grain from farmers. Minimum Support Price is an important part of India’s agricultural price policy. It helps to incentivize the framers and thus ensures adequate food grains production in the country.

Based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Department of Agriculture and Co-operation, Government of India, declares Minimum Support Price (MSP) for 22 crops before the sowing season.

Hence, the correct option is (E).

SBI Clerk Mains Mock Test - 4 - Question 26

Which country will build its own space station with the aim of launching it into orbit by 2030?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 26
Russia is ready to start building its own space station with the aim of launching it into orbit by 2030.

The project would mark an end to more than two decades of close cooperation with the United States aboard the International Space Station (ISS). Russia would give notice to its partners that it would leave the ISS project from 2025.

About Russia Capital: Moscow Space Agency: Roscosmos

SBI Clerk Mains Mock Test - 4 - Question 27

In Oct 2020, who among the following has been awarded the lifetime achievement award by the Indo-American Chamber of Commerce (IACC)?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 27
The Indo-American Chamber of Commerce (IACC) has presented the lifetime achievement award to business icon Ratan Tata as part of its recent global leadership awards.

The IACC leadership bestowed the IACC Lifetime and Global Excellence Awards to Tata at a closed-door meeting.

Tata, who grew the revenues for India's largest conglomerate 'The Tata Group' to nearly $100 billion by 2011-12, remains an influential industrialist, philanthropist and humanitarian to the day.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 4 - Question 28

__________ has bagged first place for Innovative Training Practices 2019-20 at the 30th National Award Ceremony held by Indian Society for Training & Development (ISTD).

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 28
Navratna Defence PSU Hindustan Aeronautics Limited (HAL) has bagged first place for Innovative Training Practices 2019-20 at the 30th National Award Ceremony held by Indian Society for Training & Development (ISTD).
SBI Clerk Mains Mock Test - 4 - Question 29

What is the name of the autobiography of N K Singh, released in October 2020?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 29
Veteran economist and bureaucrat N K Singh's autobiography 'Portraits of Power' has been released.

‘Portraits of Power’ recalls Singh’s various stints over the decades- starting from 1964 when he joined the IAS, serving at highest echelons of the government of India before taking a political plunge with a Rajya Sabha term.

He is currently the Chairman of the 15th Finance Commission.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 4 - Question 30

What was the theme of the G7 Digital and Technology Ministers meeting which concluded under the chairmanship of the Government of the United Kingdom?

Detailed Solution for SBI Clerk Mains Mock Test - 4 - Question 30
The G7 Digital and Technology Ministers met under the chairmanship of the Government of the United Kingdom, to discuss the digital and technology agenda.

The theme was ‘Building Back Better’.

Union Minister Ravi Shankar Prasad represented India at the meeting.

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