GA Revision for IBPS Clerk and RBI Exams — Set 57

GA Revision Questions for upcoming IBPS RRB PO/Clerk Main 2017, IBPS PO Main 2017, OICL AO Main 2017, RBI Assistant Main 2017 and other upcoming exams.

  1. The Government of India together with the state Government of Tamil Nadu has signed a loan agreement of USD______ million with the World Bank for the Tamil Nadu Irrigated Agriculture Modernization Project
    A) USD 305 million
    B) USD 300 million
    C) USD 350 million
    D) USD 318 million
    View Answer
    Option D
    Explanation:
    The Government of India, along with the Government of Tamil Nadu signed a USD 318 million loan agreement with the World Bank, for the Tamil Nadu Irrigated Agriculture Modernization Project to promote climate resilient agriculture technologies, improve water management practices, and increase market opportunities for small and marginal farmers.
  2. What does A stands for in NACH?
    A) Account
    B) Annual
    C) Adjustable
    D) Automated
    View Answer
    Option D
    Explanation:
    National Automated Clearing House
  3. An amount of Rs _____ crore has been sanctioned by the Prime Minister Narendra Modi as relief package for Cyclone Ockhi affected states
    A) Rs 300 crore
    B) Rs 325 crore
    C) Rs 350 crore
    D) Rs 375 crore
    View Answer
    Option B
    Explanation:
    Prime Minister Narendra Modi visited Ockhi affected Lakshwadeep, Tamil Nadu and Kerala to take stock of situation, and met affected people. There he announces a relief package of Rs 325 crore for all 3 states and ex-gratia assistance of Rs. 2 lakh to the next of kin of the deceased.
  4. Onam is an annual Hindu festival with its origins in which state of India?
    A) Tamil Nadu
    B) Andhra Pradesh
    C) Kerala
    D) Karnataka
    View Answer
    Option C
  5. How much amount of loan agreement has recently been signed between India and Germany for providing additional funding for the Pare Hydroelectric Plant project under Indo-German Bilateral Development Cooperation?
    A) Euro 20 million
    B) Euro 25 million
    C) Euro 30 million
    D) Euro 15 million
    View Answer
    Option A
    Explanation:
    A Loan agreement and a Guarantee agreement for providing additional funding of Euro 20 million was signed between India and Germany for the project ‘Pare Hydroelectric Plant’ under Indo-German Bilateral Development Cooperation.
  6. In relation to the production sector, a small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed ______
    A) Rs 2 crore
    B) Rs 3 crore
    C) Rs 5 crore
    D) Rs 10 crore
    View Answer
    Option C
    Explanation:
    A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore
  7. How much amount of investment budget has been announced by the Prime Minister Narendra Modi for improving roads and highways in Northeast India for better connectivity?
    A) Rs 60,000 crore
    B) Rs 90,000 crore
    C) Rs 80,000 crore
    D) Rs 1,00,000 crore
    View Answer
    Option B
    Explanation:
    Prime Minister Narendra Modi announced Rs 90,000 crore for improving roads and national highways in the Northeastin the next two to three years to facilitate better connectivity.
  8. The Bannerghatta National Park is in which Indian state?
    A) Odisha
    B) Maharshtra
    C) Goa
    D) Karnataka
    View Answer
    Option D
  9. How much amount has been released by the Ministry of Home Affairs to six Indian states having an international border for the development of border infrastructure?
    A) Rs 170 crore
    B) Rs 174 crore
    C) Rs 175 crore
    D) Rs 180 crore
    View Answer
    Option B
    Explanation:
    The home ministry has released Rs 174 crore to six states having an international border for development of infrastructure in forward areas. The states include Assam, Gujarat, Himachal Pradesh, Manipur, Uttar Pradesh and West Bengal
  10. How much amount has been pledged by Japan as grant for the construction of a vocational training centre for poor women and youth in Rajasthan’s Baran district?
    A) 7.4 million Yen
    B) 8.0 million Yen
    C) 8.4 million Yen
    D) 9.5 million Yen
    View Answer
    Option C
    Explanation:
    Japan has decided to offer a grant worth 8.4 million Yen for the construction of a vocational training centre for poor women and youth in Rajasthan’s Baran district. The Grant Assistance for development projects are designed to meet the diverse basic human needs of the people in developing countries.
  11. Define Venture Capital
    A) Capital invested in a project, typically a new or expanding business, by wealthy investors with the aim of long-term growth perspective
    B) Capital invested by one company to take over the controlling interest of another company.
    C) Capital that a company raises by selling bond, bills, or notes to an investor
    D) Form of hybrid capital typically used to fund adolescent and mature cash flow positive companies
    View Answer
    Option A
  12. The government of India has announced a development assistance of $ ______ million for the development of Myanmar’s Rakhine State
    A) $ 20 million
    B) $ 25 million
    C) $ 15 million
    D) $ 30 million
    View Answer
    Option B
    Explanation:
    India has announced a development assistance of $25 million for Myanmar’s Rakhine State, from where thousands of Rohingya Muslims recently fled following incidents of violence against the community.
  13. The famous Elephanta Caves is located in which state?
    A) Madhya Pradesh
    B) Odisha
    C) Maharastra
    D) Bihar
    View Answer
    Option C
    Explanation:
    Elephanta Caves are a UNESCO World Heritage Site and a collection of cave temples predominantly dedicated to Hindu god Shiva. They are located on Elephanta Island, or Gharapuri (literally “the city of caves”) in Mumbai Harbour, 10 kilometres (6.2 mi) to the east of the city of Mumbai in the Indian state of Mahārāshtra.
  14. How much amount of financing agreement has been signed between the Government of India with the World Bank for IDA Credit for its Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project?
    A) USD 100 million
    B) USD 250 million
    C) USD 125 million
    D) USD 200 million
    View Answer
    Option C
    Explanation:
    A financing agreement for IDA Credit worth USD 125 million (equivalent) for the “Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project” was signed by the Government of India and the World Bank.
  15. How much amount has been released by the Government of India to nine states with international border for the development of infrastructure in forward areas under the Border Area Development Programme?
    A) Rs 183 crore
    B) Ra 175 crore
    C) Rs 155 crore
    D) Rs 167 crore
    View Answer
    Option D
    Explanation:
    Home Ministry has released 167 crore rupees to nine states with international border for the development of infrastructure in forward areas. The states which will benefit include Rajasthan and Punjab, both having international border with Pakistan, and West Bengal and Assam, which share boundary with Bangladesh.
  16. The typical marketing mix which is composed of 4Ps refers to the set of actions or tactics that a company uses to promote its brand or product in the market. Which of the following P is not the part of the marketing mix?
    A) Price
    B) Power
    C) Product
    D) Place
    View Answer
    Option B
    Explanation:
    The marketing mix refers to the set of actions or tactics that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix – Price, Product, Promotion and Place.
  17. Mirabai Chanu is related to which sports?
    A) Weightlifting
    B) Wrestling
    C) Boxing
    D) Cricket
    View Answer
    Option A
  18. A loan agreement worth USD _____ million has been signed between the Government of India and World Bank for U.P. Pro-Poor Tourism Development Project
    A) USD 60 Million
    B) USD 70 Million
    C) USD 40 Million
    D) USD 50 Million
    View Answer
    Option C
    Explanation:
    The Government of India and World Bank have signed an agreement for IBRD Credit of USD 40 Million from World Bank for “U.P. Pro-Poor Tourism Development Project”.
  19. What is Cheque Truncation?
    A) Cheque which a bank will not accept and exchange for money or payment because it was written more than a certain number of months ago
    B) Conversion of a physical cheque into a substitute electronic form for transmission to the paying bank
    C) Cheques that can only be deposited directly into a bank account and cannot be immediately cashed by a bank or any other credit institution
    D) Check that cannot be processed because the writer has insufficient funds
    View Answer
    Option B
  20. What is the currency of Chile?
    A) Peso
    B) Dollar
    C) Euro
    D) Pound
    View Answer
    Option A

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