GA Revision for SBI PO/Clerk, RBI Grade B – Set 167

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. Name the free internet providing initiative launched by the government of Kerala for the poor families of the state?
    A) K-SPOT
    B) K-KIT
    C) K-NET
    D) K-FON
    E) K-ONLINE
    View Answer
    Option D
    Explanation:

    Communist Party of India (Marxist) led LDF government in Kerala is planning to provide free internet connections to 20 lakh poor families in the state. The initiative is being implemented under the new optic fibre pathway. The state government has decided to set up a Joint Venture company Kerala Fibre Optic Network Limited to implement the Kerala Fibre Optic Network (K-FON) project. The K-FON initiative will provide free internet connection to 20 lakh families and speedy internet connectivity to government offices and educational institutions and also quality internet service to the public at an affordable rate.
  2. Which of the following is the class of derivative where the underlying assets are products like precious metals, agro products, energy products, etc?
    A) Freight Derivative
    B) Inflation Derivative
    C) Commodity Derivative
    D) Interest Rate Derivative
    E) Credit Derivative
    View Answer
    Option C
    Explanation:

    An exchange traded derivative or over the counter derivative with an underlying reference based on nonfinancial commodities including chemicals, energy, base and precious metals, livestock, grains, and softs is known as Commodity Derivative.
    For example, commodity derivatives are used by farmers and millers to provide a degree of “insurance.”
  3. Who among the following has been ranked as the richest man in the world according to the 2018 Forbes World’s Billionaires List?
    A) Jeff Bezos
    B) Bill Gates
    C) Sergey Brin
    D) Mark Zuckerberg
    E) Warren Buffet
    View Answer
    Option A
    Explanation:

    According to Forbes World’s Billionaires list released on 18 June, Amazon founder and CEO Jeff Bezos has become the richest man in the world with a net wealth of $141.9 billion. Bezos’ wealth has grown more than USD 5 billion since June 1 to beat Bill Gates, the principal founder of Microsoft Corporation, who is the second-richest man in the world with USD 92.9 billion. Warren Buffet, one of the most successful investors in the world, trailed in the third place with a total of wealth of USD 82.2 billion.
  4. Who has been sworn in as the new Managing Director and Chief Executive Officer (CEO) of ICICI Prudential Life Insurance Company?
    A) Sandeep Bakhshi
    B) N.S. Kannan
    C) Puneet Nanda
    D) S. Subhedar
    E) Anil Khachi
    View Answer
    Option B
    Explanation:

    The private lender ICICI Bank has appointed N.S. Kannan as the Managing Director and Chief Executive Officer (CEO) of ICICI Prudential Life Insurance Company.
  5. Mimicry artiste Nerella Venumadha passed away in recent past. He hailed from which state?
    A) Karnataka
    B) Kerala
    C) Tamil nadu
    D) Telangana
    E) Andhra Pradesh
    View Answer
    Option D
    Explanation:

    Noted mimicry artiste Nerella Venumadhav died after a brief illness at his home in Mattewada in Warangal city in Telangana. He was 85. Venumadhav served as an MLC in 1971 in the undivided Andhra Pradesh.
  6. Karnataka bank has unveiled a ‘Deposit Only Card’ for its Current/Overdraft customers for hassle free cash deposit. The maximum amount that can be deposited using the card is__________
    A) Rs 25 lakh
    B) Rs 20 lakh
    C) Rs 10 lakh
    D) Rs 15 lakh
    E) Rs 30 lakh
    View Answer
    Option C
    Explanation:

    Karnataka Bank has unveiled a novel card variant ‘KBL Deposit Only Card’, which enables hassle free cash deposit transaction at Bank’s 24×7 e-Lobby services. This card is specially meant for Bank’s Current/Overdraft customers and by using this card they can perform card based cash deposit transactions even with higher deposit limit at Bank’s Bunch Note Acceptor (BNA) / Cash Recycler kiosks. The limit for the cash deposit a day is Rs 10 lakh.
  7. Varthur lake is located in which state?
    A) Arunachal Pradesh
    B) Gujarat
    C) Maharashtra
    D) Karnataka
    E) Tamil Nadu
    View Answer
    Option D

  8. Renowned theatre personality Sukracharya Rabha passed away recently. He hailed from which Indian state?
    A) Haryana
    B) Bihar
    C) Uttar Pradesh
    D) Madhya Pradesh
    E) Assam
    View Answer
    Option E
    Explanation:

    Noted Assamese theatre personality Sukracharya Rabha, famed for his open air theatre festival, died of cardiac arrest at his village home in Goalpara district. He was 41.
  9. Bellandur Lake is located in which city?
    A) Hyderabad
    B) Guwahati
    C) Chennai
    D) Bengaluru
    E) Kerela
    View Answer
    Option D
    Explanation:

    A committee set up by the National Green Tribunal (NGT) to inspect the lakes in Bengaluru has blamed the Karnataka government and various state agencies for “miserably” failing to discharge their duties. According to the committee, Bellandur, the biggest lake of Bengaluru, has become the largest septic tank of the city just because of lack of interest and negligence towards duty by the authorities.
  10. Name the India’s first indigenous long-range artillery gun which is ready for induction after successful testing in all weather conditions.
    A) Arjun
    B) Dhanush
    C) Rakshak
    D) Pinaka
    E) Ashtra
    View Answer
    Option B
    Explanation:

    India’s first indigenous, long-range artillery gun “Dhanush” has passed its final test at Pokhran, paving the way for its induction into the Army. Gun Carriage Factory (GCF) Senior General Manager SK Singh said that, fifty rounds of shells each were fired from six Dhanush guns between June 2-6.Dhanush is a 155mm x 45mm calibre artillery gun and is also called the “desi Bofors”.
  11. Who has been appointed as the Vigilance Commissioner in the Central Vigilance Commission?
    A) Sharad Kumar
    B) K. V. Chowdary
    C) Nittoor Srinivasa Rau
    D) Alok Verma
    E) Mahesh Kumar Jain
    View Answer
    Option A
    Explanation:

    Former NIA chief Shri Sharad Kumar has been appointed as the Vigilance Commissioner in the Central Vigilance Commission, New Delhi for a term of four years from the date on which he enters upon his office, or till he attains the age of sixty five years, whichever is earlier.
  12. The Organization of the Petroleum Exporting Countries (OPEC) is a group of _______ nations.
    A) 12
    B) 9
    C) 14
    D) 20
    E) 18
    View Answer
    Option C
    Explanation:

    Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations as of February 2018, founded in 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), and headquartered since 1965 in Vienna, Austria.
  13. The world’s oldest Sumatran orangutan Puan died recently. She lived in Perth Zoo which is situated in_______?
    A) Australia
    B) New Zealand
    C) United States
    D) Singapore
    E) United Kingdom
    View Answer
    Option A
    Explanation:

    The world’s oldest known Sumatran orangutan named Puan has died at Perth Zoo, Australia aged 62, leaving behind 54 descendants. Described as the “grand old lady” by Zoo authorities, she had been at the zoo since 1968, and was officially recognised by Guinness World Records as the oldest of her species in 2016.
  14. John Chambers who died recently was a senior member of which of the following ____________
    A) Filmfare Awards
    B) Academy Awards
    C) Golden Globe
    D) BAFTA
    E) IIFA Awards
    View Answer
    Option D
    Explanation:

    John Chambers, a veteran of the British film and TV industry and a former senior member of BAFTA, has died. He was 81. He was involved with Oscar-winning pictures, ‘Chariots of Fire’ and ‘Gandhi.’
  15. Recently, a high level committee under home minister Rajnath Singh has approved financial assistance of Rs 1,161.17 crores to how many States/Union Territories for being affected by floods and cyclones in 2017-18?
    A) 5
    B) 4
    C) 7
    D) 3
    E) 8
    View Answer
    Option A
    Explanation:

    The Union Home Minister Shri Rajnath Singh chaired a meeting of the High Level Committee (HLC) for Central Assistance to the States of Assam, Himachal Pradesh, Sikkim, Rajasthan and Lakshadweep affected by cyclones/floods/drought during 2017-18. The total assistance approved was Rs 1,161.17 crores.
  16. Renowned film and television artist Kalashala Babu who died recently belonged to which Indian cinema?
    A) Telugu
    B) Marathi
    C) Bengali
    D) Odia
    E) Malayalam
    View Answer
    Option E
    Explanation:

    Veteran stage, TV and Malayalam film artiste Kalashala Babu passed away in Kerala at a private hospital. He was 68
  17. The World Health Organization (WHO) has launched REPLACE initiative to eliminate industrially-produced artificial trans fats from the global food supply by _______
    A) 2020
    B) 2022
    C) 2023
    D) 2025
    E) 2024
    View Answer
    Option C
    Explanation:

    The World Health Organization (WHO) has launched a comprehensive plan to eliminate industrially-produced artificial trans fats from the global food supply by 2023. The WHO launched an initiative called REPLACE that will provide guidance for all countries on how to remove artificial trans fats from their foods, possibly leading to a worldwide eradication. REPLACE stands for review dietary sources, promote use of healthier fats, legislate, assess changes, create awareness and enforce.
  18. Name the Pakistani actress who became the first actor to ever make debut at Cannes Film Festival in 2018.
    A) Ayesha Khan
    B) Aiza Khan
    C) Mahira Khan
    D) Maya Ali
    E) Nargis Fakhri
    View Answer
    Option C
    Explanation:

    Pakistani actress Mahira Khan has created history by becoming the first actor of Pakistani origin to make debut at Cannes Film Festival 2018.
  19. Bank Note Paper Mill India Private Limited was incorporated under which of the following acts?
    A) Banking Regulation Act, 1949
    B) Companies Act, 1956
    C) Reserve Bank of India Act, 1934
    D) Companies Act, 2013
    E) Payment and Settlement Systems Act, 2007
    View Answer
    Option B
    Explanation:

    Bank Note Paper Mill India Private Limited has been incorporated and registered on October 13, 2010 by Registrar of Companies, Bangalore under the Companies Act 1956 with its registered and Corporate Office at Mysuru, Karnataka
  20. Who among the following has been appointed as the new Minister in the Ministry of Information and Broadcasting (I&B)?
    A) Rajyavardhan Singh Rathore
    B) Smriti Irani
    C) Piyush Goyal
    D) Venkaiah Naidu
    E) Maneka Gandhi
    View Answer
    Option A
    Explanation:

    Smriti Irani has been removed of the high-profile information and broadcasting ministry and is now only in charge of textiles ministry. Rajyavardhan Singh Rathore has being given independent charge of the prestigious Information and Broadcasting (I&B) ministry in place of Irani while continuing as Sports Minister.

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