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30 Questions MCQ Test - SBI Clerk Mains Mock Test - 3

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SBI Clerk Mains Mock Test - 3 - Question 1

Which among the following are the capital and currency of South Sudan respectively?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 1

Hence, the correct option is (A).

SBI Clerk Mains Mock Test - 3 - Question 2

The Asian Development Bank has approved Rs 1,988 crore loan for the construction of water supply and integrated stormwater and sewage management infrastructure in which state?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 2
The Asian Development Bank has approved Rs 1,988 crore loan for the construction of water supply and integrated stormwater and sewage management infrastructure in Madhya Pradesh.

The loan is additional financing intended to scale up the scope of the Madhya Pradesh urban services improvement project.

The project will receive support from the Bill and Melinda Gates Foundation.

Madhya Pradesh:

Number of Districts - 52.

Lok Sabha seats - 29.

Rajya Sabha seats - 11.

Hence, the correct option is (D).

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SBI Clerk Mains Mock Test - 3 - Question 3

Which of the following has launched a new publication, “The Little Book of Green Nudges”?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 3
The UN Environment Programme (UNEP) has launched a new publication, “The Little Book of Green Nudges”.

It aims to inspire up to 200 million students around the globe to adopt environmentally friendly habits and greener lifestyles.

The book is UNEP’s first on behavioural science and nudge theory, which focuses on human actions and how to change them.

Hence, the correct option is (D).

SBI Clerk Mains Mock Test - 3 - Question 4

On which day was the Earth Overshoot Day observed in 2020?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 4
Humanity has burned through all the natural resources that the planet can replenish for 2020 on 22 August 2020.

So-called Earth Overshoot Day -- the date when humanity has used all the biological resources that Earth can renew annually -- has crept steadily earlier since the 1970s, according to the Global Footprint Network.

The group calculated the point will be reached on August 22, compared to July 29 in 2019, marking a rare reversal.

This reduced humanity's footprint by 9.3 per cent compared to last year,

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 3 - Question 5

Paul Milgrom and Robert Wilson have been awarded the 2020 Nobel Prize in which field?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 5
American economists Paul Milgrom and Robert Wilson have been awarded the 2020 Nobel Prize in economics.

Milgrom and Wilson, who are professors at Stanford University in California, were recognized for theoretical discoveries that improved how auctions work.

They also designed auction formats for goods and services that are difficult to sell in a traditional way, such as radio frequencies.

Hence, the correct option is (D).

SBI Clerk Mains Mock Test - 3 - Question 6

Which is an interest-free period that is to be given by a creditor to debtor?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 6
The grace period is a period of time provided to the debtor by the creditor after the due date during which payment may be made without penalty.

The grace period allows the debtor to delay payment for a short period of time beyond the due date.

No late fees or penalty is charged, and the delay cannot result in default and cancellation of the loan or contract in case of grace period.

Under some grace period no additional interest is charged whereas sometimes compounding interest is charged during the grace period.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 3 - Question 7

Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of Ministry of Power, Government of India, will procure 250 electric vehicles from Tata Motors and Hyundai Motor India. This procurement will utilize 5 Million USD from the recent grant provided by which of the following banks?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 7
Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, Government of India, will procure 250 electric vehicles from Tata Motors and Hyundai Motor India.

The companies were selected through an international competitive bidding process, which was aimed at increased participation.

Tata Motors Limited and Hyundai Motor India Limited won the tender and now will supply 150 Nexon electric compact SUVs & 100 Kona electric premium SUVs respectively for government use.

This procurement will utilize 5 Million USD from the recent grant provided by the Asian Development Bank (ADB).

EESL has received financing from ADB towards the cost of scaling up and financing high priority areas like Demand-Side Energy Efficiency Sector Projects.

EESL will procure Tata Nexon at INR 14.86 lakh each, INR 13,000 cheaper than its ex-showroom price of INR 14.99 lakh whereas, Hyundai Kona, which offers a higher range, will be procured at an 11% lower price band of INR 21.36 lakh and with a standard three-year warranty.

These electric vehicles will replace the existing fleet of petrol and diesel vehicles of the Central and State Governments.

EESL has already received an order for 300 Long Range EVs from the Agency for Non-Conventional Energy and Rural Technology (ANERT), Kerala to be supplied in the initial phase.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 3 - Question 8

In which month will the first-ever SCO Startup Forum be launched?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 8
The first-ever SCO Startup Forum will be launched on 27th October 2020 ahead of the SCO trade ministers meeting on 28th October 2020.

The Forum shall identify areas of cooperation by launching multiple entrepreneurial activities.

It will help to understand the cultural and economic features of the startup ecosystem in the SCO Member States.

Hence, the correct option is (A).

SBI Clerk Mains Mock Test - 3 - Question 9

In Oct 2020, who among the following has released the autobiography of late Lok Sabha MP Dr Balasaheb Vikhe Patil?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 9
Prime Minister Narendra Modi released the autobiography of former Union Minister Dr Balasaheb Vikhe Patil via video conferencing

Dr Patil served as Member of Lok Sabha for multiple terms. He died in 2016 at the age of 84.

His autobiography, titled 'Deh Vechwa Karani,' means 'dedicating one's life for a noble cause.'

PM Modi also renamed the Pravara Rural Education Society as 'Loknete Dr Balasaheb Vikhe Patil Pravara Rural Education Society'.

Pravara Rural Education Society was established in 1964 at Loni in Ahmednagar district, with the aim to provide a world-class education to the rural masses and empower the girl child.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 3 - Question 10

Hong Kong's financial regulator slapped which of the following with a $350 million fine in October 2020 for its involvement in the 1MDB scandal?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 10
Hong Kong's financial regulator slapped Goldman Sachs with a $350 million fine on 22 October for its involvement in the 1MDB scandal.

The bank's "serious lapses" and deficiencies in management contributed to the misappropriation of $2.6 billion from the 1Malaysia Development Berhad fund, the Securities and Futures Commission said in a statement.

The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City.

Hence, the correct option is (D).

SBI Clerk Mains Mock Test - 3 - Question 11

The first World Solar Technology Summit (WSTS) has been organized by the International Solar Alliance (ISA). Who among the following is the Co-President of the ISA Assembly?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 11
The summit is very important from the exam perspective.

The first World Solar Technology Summit (WSTS) has been organized by the International Solar Alliance (ISA) in September 2020.

More than 26000 participants from 149 countries have registered to join the virtual Summit.

The summit will bring the spotlight on accelerating affordable and sustainable clean green energy by showcasing and deliberating on the innovative state-of-the-art next-generation technologies in solar power.

Shri R.K. Singh is the President of the ISA Assembly and India’s Power and New & Renewable Energy Minister,

Ms. Barbara Pompili is the Co-President of the ISA Assembly and France’s Minister for Ecological Transition and

Prof K. Vijay Raghavan, Principal Scientific Adviser to the Government of India will grace the inaugural and set the context for the deliberations.

Nobel Laureate, Dr. M Stanley Whittingham, winner of the Nobel Prize in Chemistry (jointly with John B Goodenough & Akira Yoshino) in 2019 for the revolutionizing discovery of the lithium-ion batteries will deliver the keynote address in the inaugural.

Mr. Bertrand Piccard, Founder, and Chairman of the Solar Impulse Foundation, Switzerland will address the gathering.

ISA’s technology journal, Solar Compass 360 will also be launched during the summit by Dr. Dharendra Yogi Goswami, Professor at the University of South Florida and Director of the Clean Energy Research Centre.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 3 - Question 12

A team from the EXIM Bank of India has signed a Line of Credit Agreement for how many USD millions to fund the Greater Male Connectivity Project (GMCP)?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 12
A team from the EXIM Bank of India has signed a Line of Credit Agreement for USD 400 mn to fund the Greater Male Connectivity Project (GMCP).

India’s support for the project was announced during the virtual meeting between External Affairs Minister Dr S Jaishankar and Foreign Minister Abdulla Shahid on 13 Aug'20.

This will be the single-largest infrastructure project in the Maldives.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 3 - Question 13

As per the UNCTAD report, how much is India's economy projected to contract in 2020? (Sep)

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 13
As per the UNCTAD report, India's economy is projected to contract in 2020 by 5.9%.

It has also forecast the economy to grow 3.9 per cent next year.

Report Name-From Global Pandemic To Prosperity for All: Avoiding Another Lost Decade.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 3 - Question 14

In August 2020, which of the following has announced a new feature called People Cards?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 14
Google, on 11 August 2020, announced a new feature that allows people to add themselves to Search.

While the feature is primarily meant for influencers, entrepreneurs and more, it’s actually available to anyone.

Using this, you can make a virtual visiting card for yourself, which will show up when someone searches for you on Google.

The feature is called People Cards.

Hence, the correct option is (D).

SBI Clerk Mains Mock Test - 3 - Question 15

On which date International Day of Banks is celebrated annually?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 15
On 19 December 2019, the UN General Assembly designated 4 December as the International Day of Banks in recognition of the significant potential of multilateral development banks and other international development banks in financing sustainable development and providing know-how; and also in recognition of the vital role of the banking systems in Member States in contributing to the improvement of the standard of living.
SBI Clerk Mains Mock Test - 3 - Question 16

State Bank of India has achieved Rs 5 trillion mark in which type of Loans?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 16
SBI achieved Rs. 5 trillion mark in the home loan segment

India's largest lender, State Bank of India has achieved Rs 5 trillion mark in the home loan business.

This feat has been achieved with the business garnered over the past one decade

SBI(State Bank of India) Headquarters is in Mumbai and the Chairperson is Dinesh Kumar Khara

SBI Clerk Mains Mock Test - 3 - Question 17

West Bengal’s MAA Scheme is associated with __________.

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 17
West Bengal Chief Minister Mamata Banerjee virtually launched the ‘Maa’ scheme under which her government would provide a meal at a nominal cost of Rs 5 mainly to poor people.

They will get a platter of rice, dal, a vegetable and egg curry for Rs 5.

The government will bear a subsidy of Rs 15 (per plate) while people will get it at Rs 5.

The state government has allotted Rs 100-crore for the scheme.

SBI Clerk Mains Mock Test - 3 - Question 18

RBI has increased the loan limit per borrower from 50 lakh to _____ lakh against the pledge/hypothecation of agricultural produce backed by NWRs/(e-NWRs) issued by WDRA-registered warehouses.

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 18
RBI decided to increase the loan limit per borrower from 50 lakh to 75 lakh against the pledge/hypothecation of agricultural produce backed by NWRs/(e-NWRs) issued by WDRA-registered warehouses.

The Negotiable Warehouse Receipts (NWRs)/electronic-NWRs (e-NWRs) issued by the warehouses registered and regulated by Warehousing Development and Regulatory Authority (WDRA).

WDRA-Warehousing Development and Regulatory Authority Headquarters: New Delhi

SBI Clerk Mains Mock Test - 3 - Question 19

In April 2021, LIC has appointed ________ to facilitate digital payments.

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 19
LIC has appointed Paytm to facilitate digital payments.

LIC

Headquarters: Mumbai

Chairperson– M R Kumar

Paytm

Headquarters: Noida, UP

Founder: Vijay Shekhar Sharma

SBI Clerk Mains Mock Test - 3 - Question 20

Reserve Bank of India has capped the tenure of managing director and chief executive (MD & CEO) of commercial banks for the same incumbent to ____ years.

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 20
Reserve Bank of India has capped the tenure of managing director and chief executive (MD & CEO) of commercial banks for the same incumbent to 15 years. The same limit is applicable to whole time directors (WTD).

The individual will be eligible for re-appointment as MD & CEO or WTD in the same bank after a minimum gap of three years, subject to meeting other conditions.

SBI Clerk Mains Mock Test - 3 - Question 21

Which ministry has launched launched the ‘EatSmart Cities Challenge’ and the 'Transport 4 All Challenge' in an attempt to promote a healthy and sustainable food environment as also safe and affordable transport solutions during COVID-19?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 21
In an attempt to promote a healthy and sustainable food environment as also safe and affordable transport solutions during COVID-19, the Ministry of Housing and Urban Affairs has launched the EatSmart Cities Challenge and the 'Transport 4 All Challenge'.

About EatSmart Cities challenge : The EatSmart Cities Challenge will help in developing the concept of integrating food systems into city planning and development to provide people with healthy, safe, and nourishing diets. The EatSmart Cities Challenge is envisioned as a competition among cities to recognize their efforts in adopting and scaling up various initiatives under Eat Right India.

Transport 4 All Challenge : The Transport4All Digital Innovation Challenge will support cities to recover from this mobility crisis. The challenge aims to develop digital solutions that will make public transport safe, affordable, comfortable, and reliable for all. It will help support cities and start-ups all over the country to move towards digital transformation in urban mobility.

SBI Clerk Mains Mock Test - 3 - Question 22

The “Vivad se Vishwas Scheme” is aimed at ______________.

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 22

Vivad Se Vishwas - The Vivad Se Vishwas scheme provides for settlement of disputed tax, disputed interest, disputed penalty or disputed fees in relation to an assessment or reassessment order.

SBI Clerk Mains Mock Test - 3 - Question 23

RRBs were set up on the recommendation of which Committee?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 23
Regional Rural Banks were set up on the basis of the recommendations of the Narasimham Working Group (1975), and after the legislation of the Regional Rural Banks Act, 1976.
SBI Clerk Mains Mock Test - 3 - Question 24

What does the “D” stand for in TReDS?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 24
Trade Receivables Discounting System (TReDS)
SBI Clerk Mains Mock Test - 3 - Question 25

Which cricketer has been awarded the ICC Player of the Month award for March?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 25
Indian seamer Bhuvneshwar Kumar won the ICC Player of the Month award for March.

South African Lizelle Lee was named the ICC Women's Player of the Month for March.

SBI Clerk Mains Mock Test - 3 - Question 26

Who is the author of the book “Manohar Parrikar: Brilliant Mind, Simple Life”?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 26
Nitin A Gokhale is the author of the book “Manohar Parrikar: Brilliant Mind, Simple Life”.

This book is a personal tribute to Manohar Parrikar as an honest attempt to capture the persona of Parrikar the man, the politician and patriot.

SBI Clerk Mains Mock Test - 3 - Question 27

In September 2020, where did the Defence Research and Development Organisation conduct a successful flight test of ABHYAS- High-speed Expendable Aerial Target (HEAT)?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 27
Defence Research and Development Organisation conducted a successful flight test of ABHYAS- High-speed Expendable Aerial Target (HEAT) from ITR Balasore in Odisha.

The vehicle can be used as a target for evaluation of various missile systems.

ABHYAS is designed and developed by Aeronautical Development Establishment (ADE), DRDO.

The air vehicle is launched using twin underslung booster.

Odisha:

Number of Districts - 30.

Lok Sabha seats - 21.

Rajya Sabha seats - 10.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 3 - Question 28

Which of the following Indian Naval Ships have participated in the eleventh edition of INDRA, the joint naval exercise held between India and Russia?

A. INS Magar

B. INS Sahyadri

C. INS Shakti

D. INS Jalashwa

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 28
The 11th edition of INDRA, bilateral naval exercise between India and Russia was held from September 4-5, 2020.

It was held in the Andaman Sea, near the strategically important Strait of Malacca.

From the Indian side INS Sahyadri, INS Shakti, INS Ranvijay, and INS Kiltan have participated in this exercise.

From the other side Destroyer Vinogradov and fleet tanker Boris Butoma will represent Russia.

INDRA naval exercises a biannual exercise being held between India and Russia since 2003.

Hence, the correct option is (C).

SBI Clerk Mains Mock Test - 3 - Question 29

Jaswant Singh passed away in September 2020. He was related to which of the following fields?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 29
Former Union minister Jaswant Singh passed away due to cardiac arrest.

He died at the age of 82.

He was being treated for Sepsis with Multiorgan Dysfunction Syndrome.

He was an officer in Indian Army but later served as external affair minister, defence minister and finance minister.

He was external affairs minister when India undertook the nuclear tests in May 1998.

Hence, the correct option is (B).

SBI Clerk Mains Mock Test - 3 - Question 30

Who is appointed as the Chairman & Managing Director (CMD) of SIDBI?

Detailed Solution for SBI Clerk Mains Mock Test - 3 - Question 30
The Appointments Committee of the Cabinet (ACC) has approved the appointment of S Ramann as Chairman & Managing Director (CMD) of SIDBI for a period of three years.
  1. Mallika Srinivasan- Chairperson of Public Enterprises Selection Board

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

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

  4. Chintan Vaishnav- Mission Director of Atal Innovation Mission

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