GA Revision for IBPS Clerk and RBI Exams — Set 63

GA Revision Questions for upcoming IBPS RRB PO/Clerk Main 2017, IBPS PO Main 2017, OICL AO Main 2017, RBI Assistant Main 2017 and other upcoming exams.

1. When is the National Minorities Rights Day observed?
   A) December 20
   B) December 18
   C) December 11
   D) December 7
   
   View Answer

     Option B
2. Samsung India collaborated with which bank to launch ‘Bill Payments’ on its flagship payments service Samsung Pay?
   A) HDFC Bank
   B) Yes Bank
   C) Axis Bank
   D) Federal Bank
   
   View Answer

     Option C
   Explanation: Samsung India, the country’s biggest and most trusted smartphone brand, has launched ‘Bill Payments’ on its flagship payments service Samsung Pay in partnership with Axis Bank
3. The branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms is known as________
   A) Microeconomics
   B) Macroeconomics
   C) Welfare Economics
   D) Supply Side Economics
   
   View Answer

     Option A
   Explanation: Microeconomics is the study of the individual pieces that together make an economy; is the science of how people make decisions at the small scale.
   Microeconomics considers issues such as how households reach decisions about consumption and saving, how firms set a price for their output, whether privatization improves efficiency, whether a particular market has enough competition in it and how the market for labour works.
4. Who has been appointed as the chairman of the leading stock exchange BSE?
   A) Dhirendra Swarup
   B) Sudhanshu Jain
   C) B.N Sharma
   D) Sethurathnam Ravi
   
   View Answer

     Option D
   Explanation: Eminent chartered accountant Sethurathnam Ravi has been appointed as the chairman of the leading stock exchange BSE. Ravi, who was a public interest director at the BSE, replaces Dhirendra Swarup.
5. Who has been conferred with the 2017 Vyas Samman?
   A) Ramdarash Misra
   B) Mamta Kalia
   C) Sunita Jain
   D) Surinder Verma
   
   View Answer

     Option B
   Explanation: For her novel Dukkham Sukkham
6. What is the FDI limit in Payments Bank?
   A) 20%
   B) 49%
   C) 100%
   D) 74%
   
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     Option D
   Explanation: As per RBI guidelines: The foreign shareholding in the payments bank would be as per the Foreign Direct Investment (FDI) policy for private sector banks = 74% at present
7. Which country will host the 36th International Geological Congress (IGC) in 2020?
   A) Sri Lanka
   B) Bangladesh
   C) India
   D) Pakistan
   
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     Option C
   Explanation: The 36th International Geological Congress (IGC) will be held in New Delhi in 2020 from November 29 to December 5. 
8. Which country has officially declared to reopen commercial cinemas in the country as early as 2018 for the first time in 35 years?
   A) Saudi Arabia
   B) Egypt
   C) Iraq
   D) Turkey
   
   View Answer

     Option A
9. Khayal is the folk dance of which state?
   A) Rajasthan
   B) Gujarat
   C) West Bengal
   D) Himachal Pradesh
   
   View Answer

     Option A
10. An ‘Unbanked Rural Centre’ (URC) is a rural centre that does not have a _________ .
    A) Automated ATM
    B) Cash Deposit Machines (CDM)
    C) CBS-enabled ‘Banking Outlet’
    D) E- lobbies
    
    View Answer

      Option C
    Explanation: An ‘Unbanked Rural Centre’ (URC) is a rural (Tier 5 and 6) centre that does not have a CBS-enabled ‘Banking Outlet’ of a Scheduled Commercial Bank, a Small Finance Bank, a Payment Bank or a Regional Rural Bank nor a branch of Local Area Bank or licensed Co-operative Bank for carrying out customer based banking transactions.
11. Name the Indian state that has acquired the topmost position in the gender vulnerability index 2017 for being the safest state for women
    A) Sikkim
    B) Goa
    C) Manipur
    D) Kerala
    
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      Option B
    Explanation: The Gender Vulnerability Index has ranked Goa the safest state for women. The study aims to identify the status of Indian women with regard to education, health, poverty and protection. Among the states where women are believed to be least vulnerable are Kerala, Mizoram, Sikkim and Manipur. Bihar, Uttar Pradesh, Jharkhand and Delhi ranked low on all parameters on the study.
12. Which state has been recognized as the Champion state for export for recording highest growth in exports during 2016-17?
    A) Karnataka
    B) Uttar Pradesh
    C) Maharshtra
    D) Odisha
    
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      Option D
13. The international cricket ground, The Oval, is located in_____
    A) London
    B) Paris
    C) New York
    D) Dubai
    
    View Answer

      Option A
14. What does T stands for in CPTC with respect to Gold Monetization Scheme?
    A) Transfer
    B) Total
    C) Testing
    D) Typical
    
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      Option C
    Explanation: Collection and Purity Testing Centre (CPTC)
15. Which among the following banks is set to launch first-of-its kind fintech survey called India Fintech Opportunities Review for the upliftment of fintech firms?
    A) Bank of India
    B) Yes Bank
    C) Punjab National Bank
    D) IndusInd Bank
    
    View Answer

      Option B
    Explanation: YES Bank is all set to launch a first-of-its-kind fintech survey. Called India Fintech Opportunities Review, the study will cover India and a few major fintech markets in the world. A research initiative of YES FINTECH, which is the bank’s innovation programme to accelerate fintech start-ups, the survey will cover more than 1,000 firms globally.
    
16. The Gray Revolution is related to______
    A) Crude Oil
    B) Oil Seeds
    C) Leather
    D) Fertilizers
    
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      Option D
17. What is the rank of India in the list of Best Countries in the World for Business 2018
    A) 59
    B) 62
    C) 78
    D) 46
    
    View Answer

      Option B
18. In service sector, a medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed ______
    A) Rs 20 crore
    B) Rs 10 crore
    C) Rs 15 crore
    D) Rs 5 crore
    
    View Answer

      Option D
    Explanation: A medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore (service)
19.  The first India-Myanmar Bilateral Military Exercise 2017 (IMBAX – 2017) was held in which state?
    A) Nagaland
    B) Assam
    C) Meghalaya
    D) Mizoram
    
    View Answer

      Option C
20. The famous Cooch Behar Palace is in which state?
    A) West Bengal
    B) Bihar
    C) Madhya Pradesh
    D) Manipur
    
    View Answer

      Option A

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