GA Revision for NIACL Assistant, IBPS RRB PO/Clerk, Indian Bank – 259

GA Revision Questions for RBI Grade B 2018, NIACL Assistant 2018, IBPS RRB 2018, Indian Bank 2018 and other exams.

  1. Who has priced the world’s first public bond created and managed using only blockchain in $100 million ($73.16 million)?
    A)OECD
    B)World Bank
    C)ADB
    D)AIIB
    E)IMF
    View Answer
    Option B
    Explanation:

    The World Bank has priced the world’s first public bond created and managed using only blockchain in $100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices.
  2. The RBI has imposed a penalty of Rs 1 crore on how many PSBs recently for non-compliance with its directions on “Fraud – Classification and Reporting”?
    A)5
    B)3
    C)2
    D)1
    E)4
    View Answer
    Option B
    Explanation:

    The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore each on three public sector banks for non-compliance with its directions on “Fraud – Classification and Reporting”.According to the RBI, the penalty was imposed individually on all the three banks — Bank of Maharashtra, Bank of India, Union Bank of India — on August 30, 2018.
  3. Which online retailer has acquired AI-led speech recognition Liv.ai?
    A)Ebay
    B)Snapdeal
    C)Flipkart
    D)Amazon
    E)Jabong
    View Answer
    Option C
    Explanation:

    Online retailer Flipkart has acquired AI-led speech recognition Liv.ai, in a bid to target the next 200 million online shoppers.
  4. Famous “Hazratganj Chauraha” will be renamed after former Prime Minister Atal Bihari Vajpayee as “Atal Chowk”.It is situated in which city?
    A)Gorakhpur
    B)Lucknow
    C)Mumbai
    D)Kanpur
    E)Bangalore
    View Answer
    Option B
    Explanation:

    Lucknow’s famous “Hazratganj Chauraha” will be renamed after former Prime Minister Atal Bihari Vajpayee as “Atal Chowk”.
  5. Country’s biggest centre equipped with the ultra-modern technology Bhamashah Techno Hub was inaugurated in which city?
    A)Raipur
    B)Jaipur
    C)Gwalior
    D)Panna
    E)Raipur
    View Answer
    Option B
    Explanation:

    Chief Minister Vasundhara Raje inaugurated the Bhamashah Techno Hub in Jhalana Industrial Area of Jaipur. She said the country’s biggest centre equipped with the ultra-modern technology will help around 700 entrepreneurs to work under one roof and realise their dreams.
  6. What is the present interest rate in Senior Citizen Savings Scheme (SCSS)?
    A) 8.2%
    B) 7.7%
    C) 8.3%
    D) 8.5%
    E) 7.2%
    View Answer
    Option C

  7. 6th International Buddhist Conclave 2018 will be held in which state?
    A)Maharashtra
    B)Tamil Nadu
    C)Uttar Pradesh
    D)Himachal Pradesh
    E)Chattisgarh
    View Answer
    Option A
    Explanation:

    The 6th International Buddhist Conclave 2018 will be held in Maharashtra with the participation of over 200 delegates Buddhist monks diplomats researchers and scholars from around 15 nations.
  8. Which country for the first time will not join the first-ever joint military drill among the armies of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)?
    A)India
    B)Australia
    C)Nepal
    D)Indonesia
    E)China
    View Answer
    Option C
    Explanation:

    Nepal will not join the first-ever joint military drill among the armies of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) members, to be hosted by India next week.
  9. Which bank announced special term loan for repair and renovation of homes to help the flood affected citizens of Kerala?
    A)PNB
    B)ICICI
    C)SBI
    D)HDFC
    E)IDBI
    View Answer
    Option C
    Explanation:

    The SBI announced special term loan for repair and renovation of homes to help the flood affected citizens of Kerala.
  10. Payments Bank are required to invest minimum _____ per cent of its “demand deposit balances” in Government securities/Treasury Bills with maturity up to one year.
    A) 25 %
    B) 50 %
    C) 75 %
    D) 100 %
    E) 50%
    View Answer
    Option C
    Explanation:

    The payments bank cannot undertake lending activities. Apart from amounts maintained as Cash Reserve Ratio (CRR) with RBI on its outside demand and time liabilities, it will be required to invest minimum 75 per cent of its “demand deposit balances” in Government securities/Treasury Bills with maturity up to one year that are recognized by RBI as eligible securities for maintenance of Statutory Liquidity Ratio (SLR) and hold maximum 25 per cent in current and time / fixed deposits with other scheduled commercial banks for operational purposes and liquidity management.
  11. When was RBI founded?
    A)Sep 1,1948
    B)April 1,1935
    C)April 1,1940
    D)March 1,1936
    E)Sep 1, 1950
    View Answer
    Option B

  12. Which state government has made Hima Das as the state’ s sports ambassador?
    A)Manipur
    B)Meghalaya
    C)Mizoram
    D)Assam
    E)Tripura
    View Answer
    Option D
    Explanation:

    Assam government has made Asian Games medalist Hima Das as the sports ambassador of the state. Chief Minister Sarbanand Sonowal announced to develop 500 village stadiums in the state.
  13. The 2019 edition of Aero India will be held in which city?
    A)Kanpur
    B)Pune
    C)New Delhi
    D)Bengaluru
    E)Hyderabad
    View Answer
    Option D
    Explanation:

    The next edition of Aero India will be held in Bengaluru from February 20 to 24, 2019, Defence Ministry announced.Yelahanka Air Force Station in Bengaluru has hosted all the 11 editions of Aero India so far and has emerged as a premier air show in Asia.
  14. What is the capital of Italy?
    A)Ethiopia
    B)Pisa
    C)Rome
    D)Venice
    E)Buenos Aires
    View Answer
    Option C

  15. The three day World Hindu Congress has begun in which city?
    A)Chicago
    B)Illinois
    C)Canberra
    D)New Delhi
    E)Singapore
    View Answer
    Option A
    Explanation:

    The three-day World Hindu Congress has begun in Chicago. Over 2000 delegates from across the globe are participating in this mega event. The theme of World Hindu Congress is “Think collectively,Achieve Valiantly”.
  16. The World Summit on Accrediation will be held in which city?
    A)Nasik
    B)New Delhi
    C)Pune
    D)Mumbai
    E)Jaipur
    View Answer
    Option B
    Explanation:

    The World Summit on Accrediation pertaining to educational institutes got underway in NewDelhi on 8th September. The three-day Summit will focus on challenges and opportunities in outcome-based accreditation.The theme is-Challenges and Opportunities in Outcome Based Accrediation.
  17. When is Flipkart founded?
    A)2001
    B)2006
    C)2005
    D)2007
    E)2004
    View Answer
    Option D

  18. Jack Ma is planning to step down from his role to pursue philanthropy in education.He hails from which country?
    A)Australia
    B)China
    C)Japan
    D)India
    E)Nepal
    View Answer
    Option B
    Explanation:

    Chinese billionaire, co-founder of Alibaba Jack Ma is planning to step down from his role to pursue philanthropy in education.
  19. Who was crowned as Miss Universe India 2018?
    A)Shraddha Shashidar
    B)Apeksha Singh
    C)Neha Malik
    D)Nehal Chudasama
    E)Manushi Chillar
    View Answer
    Option D
    Explanation:

    Nehal Chudasama is thrilled to be crowned as Yamaha Fascino Miss Diva Universe and says the feeling will take some time to settle as this was her long standing dream.
  20. Gurudas Kamat passed away recently.He belongs to which profession?
    A)Politics
    B)Journalist
    C)Singer
    D)Actor
    E)Writer
    View Answer
    Option A
    Explanation:

    Senior Congress leader Gurudas Kamat passed away in a hospital in Delhi. He served as a Union minister in the UPA-II government. He was minister of state (MoS) in the ministry of home affairs.

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