GA Revision for SBI PO/Clerk, RBI Grade B – Set 161

GA Revision Questions for RBI Grade B 2018, SBI PO/Clerk 2018, Bank of India, Dena Bank PO 2018, NABARD 2018 and other upcoming exams.

1. Which among the following e-commerce firm has acquired a Bengaluru based technology startup Witworks recently?
   A) Amazon
   B) Flipkart
   C) Snapdeal
   D) Myntra
   E) Limeroad
   
   View Answer

   Option D
   Explanation:
   m-commerce play, Myntra, on Monday announced that it has acquired Witworks, a Bengaluru based technology startup, focussed on producing smart wearable devices and their underlying software.
   
2. The Central Vigilance Commission has asked banks to give details of any fraud worth over ₹____ crore to devise a preventive mechanism.
   A) Rs 3 crore
   B) Rs 5 crore
   C) Rs 4 crore
   D) Rs 2 crore
   E) Rs 8 crore
   
   View Answer

   Option A
   Explanation:
   Central Vigilance Commission has asked banks to give details of any fraud worth over ₹3 crore to devise a preventive mechanism. This data is originally lying with respective banks and the Reserve Bank of India.
   
3. The 7th edition of Home Expo India 2018 has been inaugurated in which city?
   A) New Delhi
   B) Greater Noida
   C) Mumbai
   D) Patna
   E) Andhra Pradesh
   
   View Answer

   Option B
   Explanation:
   The 7th edition of Home Expo India 2018 began at the India Expo Centre and Mart in Greater Noida and it was inaugurated by Union Textiles Minister Smriti Irani.
   
4. The 2018 India Mobile Congress will be held in which city?
   A) New Delhi
   B) Mumbai
   C) Hyderabad
   D) Kolkata
   E) Uttar Pradesh
   
   View Answer

   Option A
   Explanation:
   India Mobile Congress will be held from 25th to 27th October 2018, at Aerocity, New Delhi. Theme: “NEW DIGITAL HORIZONS: Connect. Create. Innovate.”
   
5. Who among the following has been awarded the ‘India Talent Management Award’ 2018?
   A) Shikha Sharma
   B) Rana Kapoor
   C) Chanda Kochar
   D) Uday Kotak
   E) Jitendra
   
   View Answer

   Option B
   Explanation:
   Rana Kapoor, MD & CEO, YES BANK has been awarded with the ‘India Talent Management Award’ for fostering an entrepreneurial spirit and best practices at one of India’s fastest growing banks.
   
6. Surendra Nihal Singh who passed away recently was a renowned ___________
   A) Journalist
   B) Author
   C) Actor
   D) Singer
   E) Director
   
   View Answer

   Option A
   Explanation:
   Noted journalist and former Chief Editor of The Statesman and The Indian Express, Surendra Nihal Singh passed away at 88. He was awarded the prestigious International Editor of the Year Award in New York for his role in opposing former Prime Minister Indira Gandhi’s emergency in mid-1975.
   
7. Who among the following has been conferred with the 2018 Raj Kapoor Special Contribution awards?
   A) Vidya Balan
   B) Sonali Kulkarni
   C) Rajkumar Hirani
   D) S S Rajamouli
   E) Rishi Kapoor
   
   View Answer

   Option C
   

8. The Central Vigilance Commission was set up in which year?
   A) 1991
   B) 1954
   C) 1972
   D) 1964
   E) 1988
   
   View Answer

   Option D
   Explanation:
   Central Vigilance Commission is an apex Indian governmental body created in 1964 to address governmental corruption.
   
9. Who among the following has won the gold medal in men’s 25m Rapid Fire Pistol event at Commonwealth Games 2018?
   A) Anish Bhanwala
   B) Neeraj Kumar
   C) Ravi Kumar
   D) Ankur Mittal
   E) Tejaswini Sawant
   
   View Answer

   Option A
   Explanation:
   Karnal’s 15 years old Anish Bhanwala created history by becoming the youngest ever gold medallist for India by winning the top prize in the men’s 25m Rapid Fire Pistol event on Day 9 of Commonwealth Games 2018 at the Belmont Shooting Centre in Gold Coast, Australia.
   
10. Which among the following countries are not the members of the Asian Infrastructure Investment Bank (AIIB)?
    A) Japan
    B) Bangladesh
    C) Singapore
    D) Sri Lanka
    E) China
    
    View Answer

    Option A
    Explanation:
    On 24 October 2014, twenty-one countries signed a Memorandum of Understanding (MOU) regarding the AIIB in Beijing, China: Bangladesh, Brunei, Cambodia, India, Kazakhstan, Kuwait, Laos, Malaysia, Myanmar, Mongolia, Nepal, Oman, Pakistan, Philippines, Qatar, Singapore, Sri Lanka, Thailand, Uzbekistan and Vietnam. The Major economies that are not members include Japan, Mexico, Nigeria, and the United States.
    
11. Who has been appointed as the new Chairman of the Banks Board Bureau (BBB)?
    A) Ravi Krishan Takkar
    B) P J Nayak
    C) Vinod Rai
    D) V. K. Saraswat
    E) Bhanu Pratap Sharma
    
    View Answer

    Option E
    Explanation:
    The government appointed former DoPT Secretary Bhanu Pratap Sharma as Chairman of the Banks Board Bureau (BBB). He replaces Vinod Rai, who was appointed as the first chairnman of BBB for a two year term.

12. As per the recent government data, Indian Railways has installed more than one lakh bio-toilets in trains till March 2018. The Railways has planned to fit bio-toilets in its entire fleet of coaches by which year?
    A) 2019
    B) 2020
    C) 2021
    D) 2022
    E) 2025
    
    View Answer

    Option A
    Explanation:
    Indian Railways has installed more than one lakh bio-toilets in trains till March this year. A statement from the Railway Ministry said, with one lakh twenty-five thousand such toilets being installed, it has now covered about 60 per cent of coaching fleet of the railways. The Ministry of Railways has advanced it earlier plan to fit bio-toilets in its entire fleet of coaches from 2021-22 to 2019.
    
13. The 16th International Energy Forum Ministerial Meeting was held in which of the following cities?
    A) Gurugram
    B) New Delhi
    C) Lucknow
    D) Hyderabad
    E) Mumbai
    
    View Answer

    Option B
    Explanation:
    Prime Minister Narendra Modi inaugurated 16th International Energy Forum Ministerial Meeting in New Delhi. It is the largest gathering of Ministers from energy consuming, producing and transit countries which is hosted by India and co-hosted by China and Korea.
    
14. The Reserve Bank of India has recently imposed a penalty of Rs 3 crore on which bank for failing to comply with the directions issued on Income Recognition and Asset Classification (IRAC) norms?
    A) IDBI Bank
    B) Punjab National Bank
    C) Bank of Baroda
    D) Syndicate Bank
    E) Central Bank of India
    
    View Answer

    Option A
    Explanation:
    The Reserve Bank of India (RBI) imposed monetary penalty worth Rs. 3 crore on IDBI Bank for not complying with the outlined norms related to reporting of bad loans. The penalty was imposed on account of non-compliance with the directions issued on Income Recognition and Asset Classification (IRAC) norms.
    
15. Indian athlete Seema Punia lost against which player to win the silver medal in women’s discus throw event at the 2018 Commonwealth Games in Australia?
    A) Dani Stevens
    B) Sositina Hakeai
    C) Navjeet Kaur Dhillon
    D) Kimberley Mulhall
    E) Amar Bharat Deokar
    
    View Answer

    Option A
    Explanation:
    Discus throwers Seema Punia and Navjeet Kaur Dhillon opened India’s medal account in athletics on day 8 at the 21st Commonwealth Games in Australia, clinching a silver and bronze respectively. Seema Punia (34) won silver in women’s discus throw event with a throw of 60.41m, while 23 year-old Navjeet Kaur Dhillon of Amritsar won a bronze in women’s discus throw event with a throw of 57.43 m. Former world champion Australian Dani Stevens won the gold with a Games record best throw of 68.26m.
    
16. The Union Government has granted 100 percent tax relief to eligible start-ups on Angel tax where the investment from investors does not exceed Rs _______
    A) Rs 15 crore
    B) Rs 25 crore
    C) Rs 50 crore
    D) Rs 10 crore
    E) Rs 30 crore
    
    View Answer

    Option D
    Explanation:
    The government on Thursday granted relief to eligible start-ups from angel tax if they have received funds up to a certain limit. Start-ups can apply to an eight-member inter-ministerial board (IMB) for tax relief if “the aggregate amount of paid-up share capital and share premium of the start-up after the proposed issue of shares does not exceed Rs 10 crore.
    
17. Name the player to clinch the gold medal at the Commonwealth Games 2018 in Women’s 50m Rifle 3 Positions event.
    A) Pooja Dhanda
    B) Anjum Moudgil
    C) Tejaswini Sawant
    D) Mausam Khatri
    E) Vijay Goel
    
    View Answer

    Option C
    Explanation:
    Tejaswini Sawant clinched her maiden gold medal at Commonwealth Games 2018 as she broke the Commonwealth Games record in Women’s 50m Rifle 3 Positions event with a best score of 457.9 in Gold Coast.

18. What is the minimum balance required to be maintained in the Savings Account in Post Office in case of non – cheque facility account?
    A) Rs 20
    B) Rs 10
    C) Rs 50
    D) Rs 100
    E) Rs 25
    
    View Answer

    Option C
    Explanation:
    Rs 50 in case of non – cheque facility account.
    
19. What is the rank of Mukesh Ambani in Fortune magazine’s World’s 50 Greatest Leaders of 2018?
    A) 22
    B) 17
    C) 20
    D) 24
    E) 15
    
    View Answer

    Option D
    Explanation:
    Reliance Industries chairman Mukesh Ambani, human rights lawyer Indira Jaising and architect Balkrishna Doshi have been named by Fortune magazine as the World’s Greatest Leaders of 2018. The Fortune’s 2018 ranking of the 50 Greatest Leaders featured the three Indians at the 24th, 20th and 43rd places respectively.
    
20. Under which sections of the IPC is printing and circulation of fake notes prohibited?
    A) Section 489 A-E
    B) Section 345 A-E
    C) Section 438 A-E
    D) Section 327 A-E
    E) Section 430 A-E
    View Answer

    Option A