GA Revision for NIACL Assistant, IBPS RRB PO/Clerk, Indian Bank – 270

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

  1. India’s highest tricolor flag measuring 20*30 feet was unfurled in which city?
    A)Mumbai
    B)Kolkata
    C)Delhi
    D)Pune
    E)Bengaluru
    View Answer
    Option A
    Explanation:

    A big Indian tricolour measuring 20×30 feet and 350 feet above the ground was unfurled at the majestic Haj house in Mumbai by Union Minister for Minority Affairs Mukhtar Abbas Naqvi.
  2. 12th Asia Europe Meeting summit 2018 will be held in which city?
    A)New York
    B)Beijing
    C)Tokyo
    D)Brussels
    E)Vienna
    View Answer
    Option D
    Explanation:

    Vice President M Venkaiah Naidu will be on a three-day visit to Belgium later this week to attend the 12th Asia Europe Meeting summit, the first multilateral dialogue that he will attend after taking office.
  3. India’s first cryptocurrency ATM was launched in which city?
    A)Dehradun
    B)Lucknow
    C)Pune
    D)Bengaluru
    E)Bhopal
    View Answer
    Option D
    Explanation:

    Despite the government and Reserve Bank of India’s (RBI) crackdown on cryptocurrency in India, virtual currency exchange Unocoin has installed a currency deposit and dispensing ATM at Kemp Fort Mall in Bengaluru.
  4. What is the metric that measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately known as?
    A) Acid test ratio
    B) Current ratio
    C) Overtrading
    D) Cash conversion cycle
    E) Working capital
    View Answer
    Option A
    Explanation:

    In finance, the acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately.
  5. The military exercise named “DHARMA GUARDIAN-2018” is between India and which other country?
    A)France
    B)Russia
    C)Japan
    D)Sri Lanka
    E)Bhutan
    View Answer
    Option C
    Explanation:

    The military exercise named “DHARMA GUARDIAN-2018” will be held between the Indian Army and Japan Ground Self Defence Force at Counter Insurgency Warfare School,Vairengte,in the state of Mizoram.
  6. Where is the HQ of International Osteoporosis Foundation?
    A)USA
    B)India
    C)Switzerland
    D)Austria
    E)Singapore
    View Answer
    Option C

  7. RBI increased lenders’ single borrower exposure limit for Non banking Finance Companies which do not finance infrastructure to how much percent?
    A)12%
    B)16%
    C)15%
    D)20%
    E)10%
    View Answer
    Option C
    Explanation:

    RBI increased lenders’ single borrower exposure limit for Non banking Finance Companies which do not finance infrastructure, from 10% to 15% of capital funds, until December 31,2018.
  8. Who was sworn as new Yemen’s PM?
    A)Shekih Malik
    B)Maeen AbdulMalik
    C)Mrinal Malik
    D)Scott Morrison
    E) Rim Williams
    View Answer
    Option B
    Explanation:

    Yemen’s newly appointed Prime Minister Maeen Abdulmalik was sworn in to lead the internationally-backed government in the war-torn Arab country.
  9. As per the advisory of the Reserve Bank of India, only non-bank entities authorised by it under the ______________________ can issue Pre-paid Payment Instrument (PPI) wallets.
    A) Banking Regulation Act, 1949
    B) Reserve Bank of India Act, 1934
    C) Companies Act, 1956
    D) Payment and Settlement Systems Act, 2007
    E) Small Industries Development Bank of India Act 1981
    View Answer
    Option D
    Explanation:

    On March 31, 2017, RBI issued advisory on E-wallets.
    It told the users of Pre-paid Payment Instruments (PPIs), including mobile and electronic wallets, that only non-bank entities authorised by it under the Payment and Settlement Systems Act, 2007 can issue PPI wallets for purchase of goods and services from third parties and money transfer within India.
  10. Which railway zone launched two mobile apps, “NCR RASTA” and “Yatri Rasta”?
    A)East Central railway
    B)South East Central Railway
    C)North Central railways
    D)Western Railways
    E)South Central Railways
    View Answer
    Option C
    Explanation:

    The North Central Railways(NCR) launched two mobile apps, “NCR RASTA” and “Yatri Rasta”, for its employees and passengers, respectively, for locating assets and stations.
  11. Who has won the Young Wildlife Photographer of the Year(Asia) Award for his photograph “Pipe Owls”?
    A)Ajay biswas
    B)Manpreet Singh
    C)Arshdeep Singh
    D)Aman Singh
    E)Sandeep Maheswari
    View Answer
    Option C
    Explanation:

    Jalandhar’s Arshdeep Singh,10, has won the Young Wildlife Photographer of the Year(Asia) Award for his photograph “Pipe Owls”.
  12. Where is the HQ of World Steel Association?
    A)London
    B)Amsterdam
    C)Antwerp
    D)Austria
    E) Brussels
    View Answer
    Option E

  13. Which state’s shahi litchi has recently got GI tag?
    A)Haryana
    B)Sikkim
    C)Karnataka
    D)Bihar
    E)Gujarat
    View Answer
    Option D
    Explanation:

    After Katrani rice, Jardalu mango and Magahi paan (betel vine), Bihar’s Shahi Litchi has got the GI tag and has become an exclusive brand in the national and international market.
  14. According to Gartner, global IT Spending to grow by how much percent in 2019?
    A)4.0%
    B)3.2%
    C)2.5%
    D)3.5%
    E)2.2%
    View Answer
    Option B
    Explanation:

    Driven by increased Cloud adoption, worldwide IT Spending is projected to total $3.8 trillion in 2019, an increase of 3.2 percent from expected spending of $3.7 trillion in 2018, according to the latest forecast by market research firm Gartner.
  15. Who will head the parliamentary panel that will examine the functioning of retirement fund body Employees Provident Fund Organisation?
    A)Ajay Tyagi
    B)Suresh Marthur
    C)AB Mathur
    D)Kirit Somaiya
    E) Ravi Bhattacharya
    View Answer
    Option D
    Explanation:

    A parliamentary panel will examine the functioning of retirement fund body Employees Provident Fund Organisation , its coverage and recovery of arrears. The panel will be headed by BJP MP Kirit Somaiya and has selected a wide range of subjects related to labourers.
  16. The awarding ceremony of Breakthrough Prize 2018 will take place in which city?
    A)New York
    B)Paris
    C) Singapore
    D)California
    E) London
    View Answer
    Option D
    Explanation:

    The Breakthrough Prize Foundation announced 9 recipients of the 2019 Breakthrough Prize in recognition of their important achievements in the fields of fundamental physics, life sciences and mathematics.
  17. The Druk Nyamrup Tshogpa(DNT) will form new government in which country?
    A)India
    B)Pakistan
    C)Nepal
    D)Bhutan
    E)China
    View Answer
    Option D
    Explanation:

    The Druk Nyamrup Tshogpa(DNT) will form new government in Bhutan.
  18. Which state to hold first ever corporate social responsibility Summit 2018?
    A)Haryana
    B)Uttar Pradesh
    C)Bihar
    D)Karnataka
    E)Rajasthan
    View Answer
    Option A
    Explanation:

    Haryana will organise its first ever corporate social responsibility in Gurugram on November 12.
  19. The Bharosa women’s centre for victims of violence was inaugurated in which state?
    A)Odisha
    B)Maharashtra
    C)Uttar Pradesh
    D)Telangana
    E)Hyderabad
    View Answer
    Option D
    Explanation:

    Hyberabad Police Commissioner VC Sajjanar inaugurated the Bharosa Centre at the Kondapur Area Hospital in Telangana.
  20. Recently,Bhola Singh passed away.He was related to which field?
    A)Singer
    B)Journalist
    C)Actor
    D)Politics
    E)Writer
    View Answer
    Option D
    Explanation:

    Senior BJP leader and sitting Member of Parliament (MP) from Bihar Bhola Singh passed away at a Delhi hospital. He was 79.

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