GA Revision for SBI PO/Clerk, RBI Grade B – Set 169

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 of the following organizations launched an online guidance system for determining notifiability of mergers and acquisitions?
    A) NABARD
    B) Competition Commission of India(CCI)
    C) SEBI
    D) IRDA
    E) SBI
    View Answer
    Option B
    Explanation:

    The Guidance System has been named as “Do It Yourself(DIY):A notifiability check for mergers and acquisitions under the Companies Act,2002.
  2. Which organization successfully conducted its first “pad abort” test?
    A) ISRO
    B) NASA
    C) SpaceX
    D) HAL
    E) IAF
    View Answer
    Option A
    Explanation:

    The Indian Space Research Organisation (ISRO) successfully conducted its first pad abort” test, crucial for proposed human spaceflight programme , at Sriharikota.
  3. Which state government launched an outstanding power bill waiver scheme and subsidised power scheme called “Sambal” for labourers and poor families?
    A) Odisha
    B) Uttar Pradesh
    C) Madhya Pradesh
    D) Telangana
    E) Andhra Pradesh
    View Answer
    Option C
    Explanation:

    Under Sambal Yojana , the BPL families would be provided electricity at a cost of Rs 200 per month.
  4. 5th RCEP Intersessional Ministerial Meeting held in which city?
    A) New Delhi
    B) Beijing
    C) Tokyo
    D) New York
    E) Abu Dhabi
    View Answer
    Option C
    Explanation:

    The 5th Regional Comprehensive Economic Partnership (RCEP) Intersessional ministerial meeting was held in Tokyo, Japan. It was first RCEP ministerial gathering to be held outside ASEAN countries.
  5. Who won Indonesia Open Badminton Tournament?
    A) Viktor Axelson
    B) Lin Dan
    C) Lee Chong Wei
    D) Kento Momota
    E) Nico Rosberg
    View Answer
    Option D
    Explanation:

    Japan’s Kento Momota defeated Danish world No 1 Viktor Axelsen 21-14, 21-9 to win the won Indonesia Open Badminton Tournament, a BWF Tour 1000 event.
  6. How many countries have been placed in Global Banks “High Risk” List?
    A) 21
    B) 25
    C) 30
    D) 15
    E) 35
    View Answer
    Option B
    Explanation:

    China ,UAE , Cyprus , and Mauritius,along with 21 other countries have been tagged as“high risk jurisdictions” by global banks acting as custodians for foreign funds which comprise the largest group of investors in the Indian stock market.
  7. For the current year,UN has cut its peacekeeping budget to how much amount?
    A) 610 million
    B) 620 million
    C) 520 million
    D) 500 million
    E) 680 million
    View Answer
    Option A
    Explanation:

    The UN has cut its peacekeeping budget by $610million for the current year while the monthly payment to each peacekeeper will increase by $96 per month.
  8. 2018 World Cities Summit to be held in which city?
    A) Beijing
    B) New Delhi
    C) Singapore
    D) New York
    E) Malaysia
    View Answer
    Option C
    Explanation:

    Andhra Pradesh Chief Minister Chandrababu Naidu left for Singapore on a three-day visit to participate in the World Cities Summit.
  9. Which among the given days is observed annually as the United Nations International Day in Support of Victims of Torture?
    A) June 26
    B) June 27
    C) June 25
    D) June 24
    E) June 20
    View Answer
    Option A
    Explanation:

    The United Nations International Day in Support of Victims of Torture is held annually on 26 June to speak out against the crime of torture and to honor and support victims and survivors throughout the world. On June 26, 1987, the Convention against Torture came into force. The first International Day in Support of Victims of Torture was held on June 26, 1998.
  10. How much amount of Flood relief package has been sanctioned by the Indian government to Assam?
    A) Rs 280 crore
    B) Rs 300 crore
    C) Rs 250 crore
    D) Rs 340 crore
    E) Rs 400 crore
    View Answer
    Option D
    Explanation:

    The Central Government has released Rs 340 crore assistance for flood relief work in Assam. Out of the sanctioned amount, Rs. 101 crore has been released by the Ministry of State for Development of North Eastern Region (DoNER), while the remaining Rs 239 crore rupees was given by the Home Ministry under the State Disaster Relief Fund.
  11. What is the capital of Bahrain?
    A) Bamako
    B) Manama
    C) Moroni
    D) Conakry
    E) Canberra
    View Answer
    Option B
    Explanation:

    Currency – Bahraini dinar
  12. The world’s largest vertical farming facility is being set up in which country?
    A) United Kingdom
    B) United Arab Emirates (UAE)
    C) France
    D) Switzerland
    E) China
    View Answer
    Option B
    Explanation:

    The United Arab Emirates (UAE) based carrier Emirates Airline has launched a joint project with US Crop One Holdings to build the world’s largest vertical farming facility near Dubai’s Al Maktoum International Airport. The flight catering division of Emirates, Emirates Flight Catering (EKFC) and leading global vertical farm operator Crop One will co-invest $40 million in the project.
  13. NASA is set to launch world’s lightest satellite named ‘Jaihind-1S’. It has been developed by Indian engineering students of__________
    A) Indian Institute of Technology, Delhi
    B) Hindustan Institute of Technology and Science, Chennai
    C) International Institute of Information Technology, Bangalore
    D) Visvesvaraya National Institute of Technology, Nagpur
    E) Indian Institute of Technology,Kharagpur
    View Answer
    Option B
    Explanation:

    Four engineering students from Hindustan Institute of Technology and Science near Chennai, Tamil Nadu have developed the world’s lightest satellite ‘Jaihind-1S’. The satellite developed by first year students team headed by Harikrishnan KG will be launched by NASA in August. The 4cm ‘cube’ satellite ‘Jaihind-1S’ has been built with a 3D printed outer casing from polylactic acid (PLA) nylon material, making it lighter than a medium sized egg, at just 33.39 grams.
  14. Al Maktoum International Airport is located in which country?
    A) Indonesia
    B) Bahrain
    C) Singapore
    D) UAE
    E) Iran
    View Answer
    Option D
    Explanation:

    Al Maktoum International Airport is an international airport in Jebel Ali, 37 kilometres southwest of Dubai, United Arab Emirates that opened on 27 June 2010.
  15. The Indian Navy recently participated in Passage Exercise (PASSEX) with which of the following countries?
    A) Thailand
    B) Bangladesh
    C) Indonesia
    D) Singapore
    E) Bhutan
    View Answer
    Option C
    Explanation:

    The Navies of India and Indonesia participated in Passage Exercise (PASSEX), to enhance their maritime cooperation. Indian Naval ships INS Shakti and INS Kamorta under the command of Rear Admiral Dinesh K Tripathi, Flag Officer Commanding Eastern Fleet, undertook Passage Exercise (PASSEX) with Indonesian Naval Ship KRI Madidihang (855) a Stingrays Class Fast Patrol Craft on leaving the Port of Makassar, Indonesia.
  16. How many new awards and medals have been announced by the Home Ministry for the police department of India?
    A) 2
    B) 3
    C) 6
    D) 5
    E) 4
    View Answer
    Option E
    Explanation:

    The Union Home Minister Shri Rajnath Singh has approved the institution of “Home Minister’s Special Operation Medal”for Police Officers of States & Union Territories, Central Police Organisations (CPOs), Central Armed Police Forces (CAPFs) and Security Organisation involved in Special Operations. The Union Home Minister has also instituted three more Medals namely the Antarik Suraksha Medal, Asadharan Aashuchan Padak, and Utkrisht & Ati-Utkrisht Seva Medal.
  17. Which bank has been authorized by the government to issue and encash the fourth tranche of the sale of Electoral Bonds?
    A) IDBI Bank
    B) Reserve Bank of India
    C) State Bank of India
    D) HDFC Bank
    E) Punjab National Bank
    View Answer
    Option C
    Explanation:

    The Government of India had notified the Electoral Bond Scheme 2018 on January 2, 2018. The Finance Ministry has announced that the fourth tranche of electoral bonds sale will take place from July 2-11. State Bank of India (SBI), in the 4th phase of sale, has been authorised to issue and encash Electoral Bonds through its 11 Authorised Branches. The sale of first batch of electoral bonds took place between March 1 and March 10, 2018. The second phase was launched on April 2 till April 10. The third phase took place during May 1-10.
  18. Name the Managing Director of State Bank of India who recently stepped down form the post.
    A) Rajnish Kumar
    B) B Sriram
    C) Ashok Kumar Pradhan
    D) Sanjeev Sharma
    E) Viral Acharya
    View Answer
    Option B
    Explanation:

    State Bank of India (SBI) managing director B Sriram has resigned from the country’s largest lender after his appointment as chief executive of IDBI Bank. The government recently appointed Sriram as managing director and CEO of IDBI Bank for a temporary period of three months following M K Jain demitting office to take over as Deputy Governor of RBI.
  19. NUUP is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers. P in NUUP stands for?
    A) Payment
    B) Platform
    C) Perform
    D) Plan
    E) Policy
    View Answer
    Option B
    Explanation:

    National Unified USSD Platform
  20. Which of the following is not true about Aadhaar-enabled payment system (AEPS)?
    A) AEPS enables bank customers to access their Aadhaar-linked bank accounts through the Aadhaar authentication.
    B) For a transaction through AEPS, only Aadhaar number and fingerprint captured during the enrolment are required.
    C) AEPS allows inter-operability among different systems adopted by different banks in a safe and secured manner.
    D) AEPS is aimed at empowering the marginalised and excluded segments to conduct financial transactions through micro ATMs deployed by banks in villages.
    E) Customers can find out their account balance, deposit cash, withdraw money and transfer funds to other Aadhaar-linked bank accounts through the help of business correspondents of the bank they have account in.
    View Answer
    Option E
    Explanation:

    Aadhaar Enabled Payment System or AEPS is a new payment service offered by the National Payments Corporation of India to banks, financial institutions using Aadhaar number and online UIDAI authentication through their respective Business correspondent service centres.
    AEPS allows four types of banking transactions: Balance Enquiry, Cash Withdrawal, Cash Deposit, and Aadhaar to Aadhaar Funds Transfer
    E) Customers can find out information and do transfer of funds through the help of business correspondents of any bank.

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