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SBI Clerk Mains Mock Test - 10 - Banking Exams MCQ


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30 Questions MCQ Test - SBI Clerk Mains Mock Test - 10

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SBI Clerk Mains Mock Test - 10 - Question 1

All coins that are minted in Hyderabad have

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 1
In India, Indian coins are minted through SPMCIL mints located in Kolkata, Mumbai, Hyderabad and Noida. Every mint mints a unique symbol to identify the origin of the coin.

Kolkata mint - No mint mark

Mumbai mint - Diamond-shaped mark

Hyderabad mint - Five-pointed star mark

Noida mint - Rounded dot mark

SBI Clerk Mains Mock Test - 10 - Question 2

Recently National Monuments Authority has recommended two sites associated with Dr. Ambedkar be declared Monuments of National importance. These sites are located at which of the following places?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 2
  • Two sites associated with Dr. Ambedkar will be declared Monuments of National importance.

  • National Monuments Authority (NMA) has recommended that the Sankalp Bhumi Banyan tree campus in Vadodara be declared a Monument of National Importance.

  • NMA has also recommended a place in Satara (Maharashtra) to be declared a monument of National Importance.

  • Bhim Rao Ramji Ambedkar received his primary education at Pratap Rao Bhosle High School at this place in Satara (Maharashtra).

  • Sankalp Bhumi Banyan tree campus in Vadodara is the place where Dr. Ambedkar had taken resolved to eradicate untouchability on 23rd September 1917.

  • On 6 July 2022, NMA Chairman Tarun Vijay submitted a report declaring the Mangarh hillock in Rajasthan as a monument of National Importance as a tribute to 1500 Bhil tribal freedom fighters

  • British army brutally killed 1500 Bhil tribal freedom fighters on 17th November 1913.

  • National Monuments Authority: It comes under the Ministry of Culture, Government of India.

  • It has been set up as per provisions of The Ancient Monuments and Archaeological Sites and Remains (Amendment and Validation) Act, 2010 which was enacted in March 2010.

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SBI Clerk Mains Mock Test - 10 - Question 3

'CRY' is the name of the organisation which works for the welfare of

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 3
Child Rights and You commonly abbreviated as CRY, is a non-profit organisation in India, which aims to restore children's rights.

CRY partners with grassroots level non-governmental organisations to uplift thousands of under-privileged Indian children denied of basic rights by working across levels - from direct action, advocacy, mobilising public opinion to policy change.

SBI Clerk Mains Mock Test - 10 - Question 4

_____________ is set to be the first state in the country to have an exclusive Research & Development policy.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 4
  • Karnataka is set to be the first state in the country to have an exclusive Research & Development policy.

  • The proposed policy should be simple. Any R&D is considered worthy only when it is found useful in the daily life of the people. It should cater to all sectors.

SBI Clerk Mains Mock Test - 10 - Question 5

Whom did German sportswear company Adidas, in November 2022, appoint as its CEO?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 5
In November 2022, Adidas appointed Bjorn Gulden as its new Chief Executive Officer.

Gulden, a Norwegian who was once a professional soccer and handball player, had been Puma's CEO since 2013.

He had worked at Adidas before and was its senior vice president from 1992 to 1999.

SBI Clerk Mains Mock Test - 10 - Question 6

Recently ____________ announced tying up with four more insurers for the distribution of their insurance products in the life, health, and general sectors.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 6
  • Private sector lender City Union Bank (CUB) is likely to tie up with four more insurers for the distribution of their insurance products in the life, health, and general sectors.

  • Altogether, it had a tie-up with eight insurers – three each in life [LIC, Tata AIA, and Bajaj Alliance] and health [Star Health, Aditya Birla, and Care Insurance] and two in general insurance [Shriram General and Royal Sundaram].

  • The bank announced a tie-up with Shriram General and Tata AIA Life Insurance Co. Ltd. and on Monday with Care Health Insurance. The bank already has tie-ups with LIC and Star Health & Allied Insurance Co. Ltd.

  • Over the next few days, the bank said it would ink pacts with Bajaj Allianz Life Insurance Co. Ltd., and in the non-life sector with Royal Sundaram General Insurance Co. Ltd. and Aditya Birla Health Insurance.

SBI Clerk Mains Mock Test - 10 - Question 7

Which among the following are not a part of the unorganised sector?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 7
The unorganised sector is the sector which is not incorporated with the government and, thus, no government rules and regulations are required to be followed.

Cooperative banks come under the organised sector.

SBI Clerk Mains Mock Test - 10 - Question 8

In September as per the report __________ launched an e-governance portal “Samarth” which will provide all administrative and educational updates including information about entrance exams.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 8
  • Uttarakhand’s education department launched an e-governance portal – “Samarth” –, which will provide all administrative and educational updates, including information on entrance examinations, salary structures, and appointments from five state universities and 140 public schools.

  • According to the officials, the initiative has been taken to make the education system in the state more transparent.

  • The portal also provides access to 40 academic study modules. The minister said that 200 UDs of science subjects will be sent to the Indian Institute of Science Bengaluru for special training, while state university teachers receive training in IIM Kashipur.

SBI Clerk Mains Mock Test - 10 - Question 9

What do the first four alphabetic characters in the 11-digit IFSC code represent?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 9
IFSC, expanded as Indian Financial System Code, is a unique 11-digit alphanumeric code that is used for online fund transfer transactions done via NEFT, RTGS and IMPS.

The first four alphabetic characters of the code denote the bank name, the fifth digit is usually 'zero' and the digits from 6 to 11 are the code for branch name.

SBI Clerk Mains Mock Test - 10 - Question 10

In September as per a report, coffee giant Starbucks appointed _____________ as its new CEO who will be replacing Howard Schultz.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 10
  • The coffee giant Starbucks informed that the company has appointed its new Indian-origin Chief Executive Officer, Laxman Narasimhan.He will join Starbucks on

  • October 1, after replacing Howard Schultz who will continue as interim chief until April 2023.

  • The 55-years-old Indian, Narasimhan, has served as chief executive of Lysol and Enfamil baby formula, UK-based Reckitt Benckiser Group PLC.

  • Mellody Hobson, Starbucks chairwoman said that the company believes it has found an exceptional individual to be its next CEO as Narasimhan is a tested leader.

  • The company stated that the new CEO will relocate from London to the Seattle area and will join Starbucks on October 1 this year.

SBI Clerk Mains Mock Test - 10 - Question 11

According to RBI guidelines, fraud case of which of the following amounts needs to be reported to the Department of Cooperative Bank Supervision by the cooperative banks?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 11
Individual frauds of Rs. 1 lakh and above, but below Rs. 1 crore should be reported to the Regional Office of Department of Cooperative Bank Supervision (DCBS) of RBI, under whose jurisdiction the Head Office of the bank falls, in FMR-1 format, within three weeks from the date of detection.
SBI Clerk Mains Mock Test - 10 - Question 12

Recently Mushfiqur Rahim who announced his retirement from T20 international cricket hails from which of the following country?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 12
  • Former captain and wicketkeeper-batsman of Bangladesh Cricket Team Mushfiqur Rahim took to Twitter to announce his retirement from T20 international cricket.

  • The cricketer also informed us that he will continue to play in ODI, Test, and league matches. His decision came two days after Bangladesh was knocked out of Asia Cup 2022.

  • This is the second blow for the Bangladeshi Team after star opener Tamim Iqbal too retired from T20Is earlier this year. He also gave almost the same reason for focusing more on longer formats.

SBI Clerk Mains Mock Test - 10 - Question 13

Billionaire Elon Musk, in October 2022, completed his USD 44 billion takeover of Twitter and fired four top executives including CEO. Name the CEO.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 13
Billionaire Elon Musk, in October 2022, completed his USD 44 billion takeover of Twitter and fired the social media company's four top executives, including CEO Parag Agrawal and legal executive Vijaya Gadde.

The Twitter executives who were fired are Agrawal, Gadde, Chief Financial Officer Ned Segal and General Counsel Sean Edgett.

SBI Clerk Mains Mock Test - 10 - Question 14

Consider the following Ramsar site which of the following doesn't belong to the list of 4 new Ramsar sites of Tamil Nadu?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 14
  • Chitrangudi Bird Sanctuary, locally known as "Chitrangudi Kanmoli" is located in the Ramanathapuram district in Tamil Nadu. The wetland is a protected area since 1989 and declared a Bird Sanctuary, coming under the jurisdiction of the Tamil Nadu Forest Department, Ramanathapuram division. Chitrangudi Bird Sanctuary is an ideal habitat for winter migratory birds. Around 50 birds belonging to 30 families have been reported from the site.

  • Suchindrum Theroor Wetland complex is part of the Suchindrum-Theroor Manakudi Conservation Reserve. It is declared an Important Bird Area and lies at the southern tip of the Central Asian flyway of migratory birds. It was formed for birds'nesting purposes and it attracts thousands of birds every year. The total population dependent upon Theroor is about 10,500 and 75% of the population’s livelihood hinges on agriculture which in turn is dependent upon the water released from the Theroor tank.

  • Vaduvur bird sanctuary spreads over an area of 112.638 ha and is a large human-made irrigation tank and shelter for migratory birds as it provides a suitable environment for food, shelter, and breeding ground. While these irrigation tanks have socio-economic and cultural significance, very little is known of their ecological importance. These tanks have the potential to harbor good populations of resident and wintering water birds but no studies have been done to confirm this

  • Kanjirankulam Bird Sanctuary is a Protected area near Mudukulathur Ramanathapuram District, Tamil Nadu. India declared in 1989. It is notable as a nesting site for several migratory heron species that roost in the prominent growth of babul trees there.

  • Thane Creek is located in Maharashtra, India. There are several sources of fresh water in the creek, of which Ulhas River is the largest, followed by many drainage channels from various suburban areas of Mumbai, Navi Mumbai & Thane. It has been declared as Thane Creek Flamingo Sanctuary. Thane creek is fringed by mangroves on both banks & comprises around 20% of the total Indian mangrove species. The mangrove forest acts as a natural shelter belt & protects the land from cyclones, tidal surges, seawater seepage & intrusions.

SBI Clerk Mains Mock Test - 10 - Question 15

In which Indian state/UT did Oil and Natural Gas Corporation (ONGC) decide, in August 2022, to set up the country's first geothermal plant?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 15
In August 2022, Oil and Natural Gas Corporation (ONGC) decided to set up the country's first geothermal plant in Ladakh. At 14,000 feet in Ladakh, Oil and Natural Gas Corporation (ONGC) would pump geothermal energy. State-run explorer ONGC has set out on a mission to harness the steam streaming from the earth's core at Puga, a lonely valley off the road to Chumar on the de facto boundary with China, at a height of more than 14,000 feet.
SBI Clerk Mains Mock Test - 10 - Question 16

Mexican President Andres Manuel Lopez Obrador is planning to submit a written proposal to the UN to create a commission, made up of three world leaders, to promote a world truce for five years. Which among the following is not on the list?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 16
  • Mexican President Andres Manuel Lopez Obrador is planning to submit a written proposal to the UN to create a commission, made up of three world leaders, including Prime Minister Narendra Modi, to promote a world truce for five years.

  • The Mexican President proposed that the top commission should include Pope Francis, the UN Secretary-General, Antonio Guterres, and Indian PM Narendra Modi.

  • The commission would aim to present a proposal to stop the wars around the world and reach an agreement to seek a truce for at least five years.

  • The three of them meet and soon present a proposal to stop the war everywhere, and reach an agreement to seek a truce of at least five years, so that governments around the world dedicate themselves to supporting their people, especially the people who are suffering the most from the war and its effects; that we have five years without tension, without violence, and with peace.

SBI Clerk Mains Mock Test - 10 - Question 17

The Kaziranga wildlife sanctuary hosts two-thirds of the world's

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 17
Kaziranga National Park is a national park in the Golaghat and Nagaon districts of the state of Assam, India. The sanctuary, which hosts two-thirds of the world's great one-horned rhinoceroses, is a World Heritage Site. The park is home to large breeding populations of elephants, wild water buffalo, and swamp deer.
SBI Clerk Mains Mock Test - 10 - Question 18

Bank _______________ Signed an agreement to extend the operations of the Indian Visa Application Centre (IVAC) in Bangladesh for two more years.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 18
  • The State Bank of India (SBI) will manage the Indian Visa Application Centre (IVAC) in Bangladesh for two more years.

  • The agreement to extend the operations for two more years was signed between the officials of the SBI and the High Commission of India in Dhaka on Wednesday.

  • SBI Bangladesh country head of operations Amit Kumar represented the SBI while the Deputy High Commissioner of India to Bangladesh Dr. Binoy George represented the High Commission of India. Speaking on the occasion, High Commissioner Vikram Doraiswami expressed satisfaction with the functioning of the IVAC centers in Bangladesh.

  • The IVAC will also be starting a few additional services soon which include facilitation for online form filling and submission of forms, slot booking, and launching of a mobile app. A priority lounge was also inaugurated at the IVAC centre in Dhaka.

  • Currently, SBI runs a total of 15 IVACs across Bangladesh. The IVAC centre at the Jamuna Future Park in Dhaka was opened in 2018. It is the largest Indian visa application centre. The first IVAC was started by SBI in 2005 in Dhaka.

SBI Clerk Mains Mock Test - 10 - Question 19

'Sub-prime' refers to

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 19
'Sub-prime' refers to lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards. In this type of lending, loans are given to people who may have difficulty maintaining the repayment schedule, sometimes reflecting setbacks, such as unemployment, divorce, medical emergencies, etc. These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk.
SBI Clerk Mains Mock Test - 10 - Question 20

Project Mausam recently seen in the news is an initiative of which of the following ministry?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 20
  • In an attempt to understand the Monsoon Winds and other climatic factors and how these natural elements impacted, at different periods of history, the interactions between different countries in the Indian Ocean region, ‘Project Mausam’ was launched by the Ministry of Culture, Government of India at UNESCO’s 38th World Heritage Committee Meeting held at Doha, Qatar, in 2014.

  • Currently, the Project is being administered by the Archaeological Survey of India (ASI).

  • ASI organized a two-day National Conference at India Habitat Centre, New Delhi on the 7th and 8th of October, 2022. Christened “Jaladhipurayatra: Exploring Cross-Cultural Linkages along the Indian Ocean Rim Countries.

  • The Archaeological Survey of India is an Indian government agency that is responsible for archaeological research and the conservation and preservation of cultural-historical monuments in the country.

  • It was founded in 1861 by Alexander Cunningham who also became its first Director-General.

  • Director General: V. Vidyavathi, Headquarters: New Delhi.

SBI Clerk Mains Mock Test - 10 - Question 21

Whenever RBl does some open market operation transactions, its main motive is to regulate

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 21
Open market operations (OMO) refer to a central bank's buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system. Securities' purchases inject money into the banking system and stimulate growth, while sales of securities do the opposite and contract the economy.
SBI Clerk Mains Mock Test - 10 - Question 22

In October as per the report ____________ and RailTel Corporation of India signed MoU for ICT and Digital Solutions.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 22
  • NMDC and RailTel Corporation of India have signed MoU for ICT and Digital Solutions.

  • Shri H Sundaram Prabhu, GM, NMDC, and Shri Manohar Raja, Executive Director, RailTel signed the MoU at NMDC’s headquarters in Hyderabad.

  • RailTel will provide Consultancy, Project Management, and Execution services.

  • This MoU builds on the partnership that NMDC already has with the National Railway Telecom.

  • National Mineral Development Corporation (NMDC) is the country’s largest Iron Ore producer.

  • It is a Central Public Sector Enterprise under the Ministry of Steel. It is headquartered in Hyderabad. Sumit Deb is its CMD.

  • RailTel Corporation of India Limited is an Indian public sector enterprise that was founded in September 2000. It is a Mini Ratna (Category-I) PSU.

  • It is a wholly-owned subsidiary of the Indian Railways. It is headquartered in New Delhi. Sanjai Kumar is its CMD.

SBI Clerk Mains Mock Test - 10 - Question 23

Yuan is the currency of

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 23
The yuan is the base unit of a number of former and present day Chinese currencies, and usually refers to the primary unit of account of the renminbi, the currency of the People's Republic of China. It is also used as a synonym of that currency, especially in international contexts - the ISO 4217 standard code for renminbi is CNY, an abbreviation of Chinese yuan.
SBI Clerk Mains Mock Test - 10 - Question 24

FIFA in partnership with the All India Football Federation (AIFF) and with the support of the Union government launched the Football for Schools project in the country, which is aimed at broad-basing the game across India. Which of the following will be the nodal agency for the scheme?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 24
  • FIFA in partnership with the All India Football Federation (AIFF) and with the support of the Union government launched the Football for Schools project in the country, which is aimed at broad-basing the game across India.

  • Football for Schools is an ambitious program run by FIFA, in collaboration with UNESCO, which aims to contribute to the education, development, and empowerment of around 700 million children.

  • According to Union Government, the “Football for Schools” movement espouses the spirit of the National Education Policy (NEP) 2020 and promotes sports-integrated learning.

  • Football for Schools is in line with Prime Minister Narendra Modi’s vision of developing India as a sporting superpower as well as ensuring a Fit India.

  • The government will take the Football for Schools program to all 700+ districts in India.

  • Navodaya Vidyalaya Samiti will be the nodal agency on behalf of the ministry of education to take this initiative forward.

SBI Clerk Mains Mock Test - 10 - Question 25

Name the person who, in October 2022, was elected as Sweden's new Prime Minister.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 25
In October 2022, Conservative leader Ulf Kristersson was elected Sweden's new Prime Minister and was, for the first time, backed by the far-right Sweden Democrats.

Kristersson was elected with 176 votes in favour and 173 against, after announcing a deal to form a three-party government between his Moderate Party, the Christian Democrats and the Liberals, supported in the parliament by their key ally, the far-right Sweden Democrats.

SBI Clerk Mains Mock Test - 10 - Question 26

As per a recent government report, India is the world’s third-largest fish producer and second-largest aquaculture country in the world after china. Which year is designated as the year of the International Year Of Artisanal Fisheries And Aquaculture?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 26
  • India is the world’s third-largest fish producer and second-largest aquaculture country in the world after china.

  • Union Minister of State Dr. L Murugan said that the government has taken several steps to improve fish production, export, and infrastructure development.

  • Pradhan Mantri Matsya Sampada Yojana is a central scheme to promote sustainable and responsible development of the fisheries sector.

  • In 2021-22, the total global production of aquatic animals and algae was 214 million tonnes.

  • India accounts for 7.96% of the total global fish production.

  • The world's largest fish producer is China. Andhra Pradesh State is the largest producer of fish in India, followed by West Bengal.

  • The fishing sector contributes around 1.07% to the GDP of India.

  • The United Nations General Assembly has declared 2022 the International Year of Artisanal Fisheries and Aquaculture (IYAFA 2022). FAO is the lead agency for celebrating the year in collaboration with other relevant organizations and bodies of the United Nations system.

SBI Clerk Mains Mock Test - 10 - Question 27

In November 2022, the Association of Southeast Asian Nations (ASEAN) agreed in principle to admit _________ as the group's 11th member.

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 27
In November 2022, the Association of Southeast Asian Nations (ASEAN) agreed in principle to admit East Timor as the group's 11th member more than a decade after the country requested membership.

ASEAN added that next steps would include a roadmap for full membership to be submitted at next year's summit.

The country would be the first new member of the regional grouping in more than two decades, since Cambodia was admitted in 1999.

SBI Clerk Mains Mock Test - 10 - Question 28

Which of the following country is on the list of FATF ‘black list’?

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 28
  • Myanmar has been added to a group of high-risk countries, known as the ‘black list’.

  • North Korea and Iran are on the ‘black list’ since 2020.

  • The decision to include Myanmar has been taken due to its failure in resolving illicit financial flows.

  • In June 2022, the FATF strongly urged Myanmar to complete its action plan by October 2022.

  • Myanmar is already under a range of punitive measures. The Myanmar government is optimistic that the FATF will soon rule in its favour.

SBI Clerk Mains Mock Test - 10 - Question 29

The term 'Financial Exclusion' is used for

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 29
Financial exclusion can be described as the unavailability of banking services in an appropriate form to people with low or no income. When a person does not make use of financial services in his/her country, then he is considered as financially excluded.
SBI Clerk Mains Mock Test - 10 - Question 30

In October as per report ______________ made history by becoming the first Indian woman to clock a legal sub-13 second time for 100m Hurdles at the 61st AFI National Open Athletics Championships

Detailed Solution for SBI Clerk Mains Mock Test - 10 - Question 30
  • Jyothi Yarraji (Railways) who hails from Andhra Pradesh has made history by becoming the first Indian woman to clock a legal sub-13 second time for 100m Hurdles at the 61st AFI National Open Athletics Championships at the Sree Kanteerava Stadium.

  • The 23-year-old cruised to victory in 12.82 seconds.

  • She had won the National Games at IIT Gandhinagar in a time of 12.79 seconds.

  • She had already owned the meet mark with 13.18 seconds in the heats, bettering the record of 13.38 seconds set by Anuradha Biswal in Chennai 20 years ago.

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