GA Revision Questions for IBPS PO/Clerk, Canara Bank 2018 and other exams.
- As per government new e-commerce policy, a vendor will not be permitted to sell more than how much percent of its products on an online platform of a single e-marketplace firm?
A)20%
B)15%
C)25%
D)30%
E)10%
View Answer
Option C
Explanation:
Tightening norms for e-commerce firms having foreign investment,the government barred online marketplace like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that could influence product price. The policy says a vendor will not be permitted to sell more than 25% of its products on an online platform of a single e-marketplace firm.
- National Human rights Commission launched which toll free number to file complaints through Common Services centre(CSC)?
A)14451
B)15544
C)14433
D)13322
E)12545
View Answer
Option C
Explanation:
The NHRC launched a toll free number and also a facility to file complaints through Common Services centre(CSC).Justice HL Dattu, the Chairperson of the National Human Rights Commission, unveiled the toll free number 14433 at a brief ceremony at the Manav Adhikar Bhawan, New Delhi.
- How much amount will be contribute by india to Bhutan for the 12th five year plan?
A)Rs 4500 cr
B)Rs 5000 cr
C)Rs 5600 cr
D)Rs 4200 cr
E) Rs 4000 cr
View Answer
Option A
Explanation:
India will contribute Rs 4500 crore to Bhutan for the 12th five year plan, announced Prime Minister Narendra Modi. The announcement comes during the official three-day visit of Bhutanese Prime Minister Lotay Tshering.
- Where is College of Agricultural Banking (CAB) situated?
A) Pune
B) Hyderabad
C) Mumbai
D) Bengaluru
E)Jaipur
View Answer
Option A
Explanation:
College of Agricultural Banking is an ISO 9001: 2008 Certified Training Institute of Reserve Bank of India.
In keeping up with its developmental mandate seldom seen in the Central Banking circle across the globe, Reserve Bank of India (RBI) established the Co-operative Bankers Training College (CBTC) at Pune on September 29, 1969 to train the higher level personnel of State, Central and Urban Co-operative Banks.
- 12th Annual Indian Subcontinent decision Sciences Conference was held in which city?
A)Chennai
B)Mumbai
C)Kochi
D)Delhi
E)Jaipur
View Answer
Option B
Explanation:
S.P Jain Institute of Management and Research(SPJIMR) hosted the 12th Annual Indian Subcontinent decision Sciences Conference at Mumbai.The theme was “ata Driven Decision making in the Digital age”.
- Where is the HQ of Infrastructure Leasing and Financial Services?
A)Chennai
B)New Delhi
C)Pune
D)Mumbai
E)Kolkata
- By which year,Indian airports will be able to use body scanners?
A)2019
B)2020
C)2021
D)2022
E)2018
View Answer
Option A
Explanation:
Airports in India will be able to use body scanners from next year and spare “clean” passengers physical frisking
- The 41st meeting of the Central Sanctioning and Monitoring Committee was held in which city?
A)Mumbai
B)New Delhi
C)Lucknow
D)Chennai
E)Pune
View Answer
Option B
Explanation:
The 41st meeting of the Central Sanctioning and Monitoring Committee was held in New Delhi.
- National Payments Corporation of India (NPCI) has been incorporated under the provisions of Section 25 of which act?
A) Companies Act, 2013
B) Companies Act, 1956
C) Banking Regulation Act, 1949
D) Payment and Settlement Systems Act, 2007
E) Reserve Bank of India Act, 1934
View Answer
Option B
Explanation:
National Payments Corporation of India (NPCI) is the umbrella organisation for all retail payment systems in India, which aims to allow all Indian citizens to have unrestricted access to e-payment services.
Founded in 2008, NPCI, has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1956 (now Section 8 of Companies Act 2013).
- Which state owned bank recently got Rs 2159 crore infusion from the government?
A)United Bank of india
B)IDBI Bank
C)Punjab National Bank
D)Indian Overseas Bank
E)Allahabad Bank
View Answer
Option A
Explanation:
State-owned United Bank of India said the government has decided to infuse Rs 2159 crore in the bank as part of Rs 28,615 crore capital infusion to be done in about half a dozen banks.
- Which country is set to issue “Panda bonds” in Chinese currency?
A)India
B)Nepal
C)Pakistan
D)Sri Lanka
E) China
View Answer
Option C
Explanation:
Pakistan’s cabinet has approved the issuance of first ever renminbi denominated bonds to raise loans from China’s capital markets as the country moved a step forward to give the Chinese currency a status at par with the US dollar.
- RBI allowed SIDBI to use existing how much amount corpus for lending to Micro Financial Institutions(MFI)?
A)Rs 1100 cr
B)Rs 1000 cr
C)Rs 1200 cr
D)Rs 1500 cr
E) Rs 1700 cr
View Answer
Option B
Explanation:
India’s institutional framework to support microfinance would get a boost with RBI clearing a proposal to dig in an existing Rs 1000 crore corpus for funding micro lenders. The development bank will now use the money to offer soft loans to Micro Financial Institutions(MFI) on a condition that end borrowers should get loans at 15-17 % rate, which is significantly lower than the prevailing 20-22% market rate.
- In which state,the Dwijing festival began?
A)Sikkim
B)Assam
C)Mizoram
D)Manipur
E)Haryana
View Answer
Option B
Explanation:
In Assam,the 3rd Dwijing festival, has begun on the bank of Aye river at Chirang district.
- The RBI has increased the withdrawal limit for depositors of City Co-operative Bank ,Mumbai to how much amount?
A)Rs 1000
B)Rs 5000
C)Rs 8000
D)Rs 2500
E) Rs 1200
View Answer
Option B
Explanation:
The RBI has increased the withdrawal limit for depositors of City Co-operative Bank ,Mumbai to Rs 5000.
- Where is the HQ of Bureau of Civil Aviation Security?
A)Chennai
B)Mumbai
C)Pune
D)New Delhi
E)Lucknow
- Which country pipped China in FDI inflows for the first time in 20 years?
A)Japan
B)Russia
C)Pakistan
D)India
E)UAE
View Answer
Option D
Explanation:
For the first time in two decades, India has been getting more foreign investments that China.In 2018, India saw more than $38 billion of inbound deals compared with China’s $32 billion.
- Which state’s Pakur district was adjudged as the worst in NITI Aayog 111 Aspirational districts?
A)Jharkhand
B)Tamil Nadu
C)Odisha
D)Bihar
E)Delhi
View Answer
Option A
Explanation:
The NITI Aayog ranked Jharkhand’s Pakur district the worst and TamilNadu’s Virudhunagar the best among the nation’s 111 backward districts.
- RBI extended the enhanced single borrower limit facility for NBFCs sector to which date?
A)Jan 30,2019
B)Dec 31,2018
C)March 30,2019
D)Dec 30,2018
E) Dec 15,2018
View Answer
Option B
Explanation:
RBI extended the enhanced single borrower limit facility for NBFCs sector by another 3 months to provide much needed liquidity support. This facility was valid till December 31, 2018.
- Where is the HQ of International Whaling Commission?
A)USA
B)Japan
C)Russia
D)England
E)Australia
- Former President Shehu Shagari passed away.He was the former President of which country?
A)Nigeria
B)Uganda
C)Ukraine
D)Australia
E)Mauritius
View Answer
Option A
Explanation:
Former Nigerian President Shehu Shagari passed away in the country’s capital city of Abuja at the age of 93.