GA Revision for Syndicate and Canara Bank Exams — Set 100

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. ‘Total’ is a newly launched service by which among the given messaging service providers?
    A) Whatsapp
    B) Hike Messenger
    C) Facebook Messenger
    D) Viber
    View Answer
      Option B
    Explanation:
    Homegrown messaging app Hike Messenger partnered with telecom service provider Airtel to embed its “Total” service on mobile phones under the latter’s “Mera Pehla Smartphone” programme.
  2. The headquarter of Small Industries Development Bank of India (SIDBI) is in which city?
    A) Bhopal
    B) New Delhi
    C) Mumbai
    D) Lucknow
    View Answer
      Option D
  3. What is the estimated rate of India’s GDP growth for the fiscal 2016-17 as predicted by Central Statistics Office (CSO)?
    A) 7.1 Percent
    B) 7.3 Percent
    C) 6.75 Percent
    D) 6.9 Percent
    View Answer
      Option A
    Explanation:
    According to Central Statistics Office (CSO) data, in line with the earlier official estimate of the country’s GDP growth in the last fiscal, India’s gross domestic product during 2016-17 grew at 7.1 per cent.
  4. What is the full form of NCSB with respect to MUDRA Yojana?
    A) Non- Client Systematic Banking
    B) Non- Customer Small Banking
    C) Non- Corporate Small Business
    D) Non- Corporate Systematic Business
    View Answer
      Option C
    Explanation:
    NCSB is the main target group of MUDRA Yojana. Non–Corporate Small Business Segment (NCSB) comprising of millions of proprietorship / partnership firms running as small manufacturing units, service sector units, shopkeepers, fruits / vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, artisans, food processors and others, in rural and urban areas.
  5. Lakshmi Devi Kanakala passed away recently. She was a veteran __________
    A) Politician
    B) Actor
    C) Journalist
    D) Author
    View Answer
      Option B
    Explanation:
    Veteran Telugu actor Lakshmi Devi Kanakala has passed away at the age of 78. She was reportedly suffering from multiple age-related illnesses for the last two months.
  6. Chhatrapati Shivaji Stadium is located in which state?
    A) Madhya Pradesh
    B) Rajasthan
    C) Maharashtra
    D) Haryana
    View Answer
      Option C
    Explanation:
    Shri Chhatrapati Shivaji Stadium or Kolhapur Cricket Association Ground is a cricket ground in Kolhapur, Maharashtra. 
  7. What is the rank of India in the 2018 Environmental Performance Index (EPI)?
    A) 175
    B) 172
    C) 179
    D) 177
    View Answer
      Option D
    Explanation:
    India ranks 177 among 180 countries in the Environmental Performance Index (EPI) 2018, according to a biennial report by Yale and Columbia Universities along with the World Economic Forum. The report was released on the sidelines of the World Economic Forum in Davos, Switzerland. Switzerland leads the list, followed by France, Denmark and Malta.
  8. What is the currency of Turkey?
    A) Turkish Lira
    B) Turkish Rial
    C) Turkish Euro
    D) Turkish Pound
    View Answer
      Option A
    Explanation:
    Capital-Ankara; President: Recep Tayyip Erdogan
  9. Who has been appointed as the head of Paytm’s newly set up financial products arm Paytm Money Ltd. to build investment and wealth management products for its users?
    A) Asha Sharma
    B) Pravin Jadhav
    C) Amit Sinha
    D) Renu Satti
    View Answer
      Option B
    Explanation:
    Paytm has announced that it has set up ‘Paytm Money Limited’, a wholly owned subsidiary of One97 Communications to build Investment and Wealth Management products for its users. Paytm Money will be the fourth consumer brand from the company after Paytm, Paytm Mall and Paytm Payments Bank. In addition, Paytm has also announced the appointment of Pravin Jadhav as Senior Vice President to lead this new venture.
  10. The Indian Space Research Organisation (ISRO) is set to carry out its first mission to the Sun named __________ in the year 2019.
    A) Tapas-L1
    B) Suraj-L1
    C) Bhaskar-L1
    D) Aditya-L1
    View Answer
      Option D
    Explanation:  
    India is all set for the take-off of its maiden mission to the Sun by the year 2019. Indian Space Research Organisation (ISRO) chairman AS Kiran Kumar said, “Aditya-L1, India’s maiden mission to the Sun, will be launched in 2019”.
  11. The Securities and Exchange Board of India (Sebi) has raised the foreign portfolio investors (FPIs) investment limit in central government securities to over Rs ____ lakh with effect from January 1, 2018 to boost inflows of foreign funds into Indian capital markets
    A) Rs 1.95 lakh
    B) Rs 1.91 lakh
    C) Rs 1.97 lakh
    D) Rs 1.99 lakh
    View Answer
      Option B
    Explanation:
    To boost inflows of foreign funds into Indian capital markets, regulator Securities and Exchange Board of India (Sebi) raised the investment limit for FPI in central government securities to over Rs 1.91 lakh crore from January 1, 2018. Currently, investment limit for foreign portfolio investors (FPIs) is Rs 1,89,700 crore.
  12. Gaganjeet Bhullar is related to which sports?
    A) Shooting
    B) Wrestling
    C) Golf
    D) Football
    View Answer
      Option C
  13. Name the winner of the F1 Abu Dhabi Grand Prix 2017.
    A) Valtteri Bottas
    B) Lewis Hamilton
    C) Sebastian Vettel
    D) Max Verstappen
    View Answer
      Option A
    Explanation:
    Mercedes’ Finnish driver Valtteri Bottas won the Abu Dhabi Grand Prix, the 20th and final race in the 2017 Formula One season held in Abu Dhabi.
  14. Who is the President of the Asian Development Bank?
    A) Wang Kaiwen
    B) Sabyr Imandosov
    C) Takehiko Nakao
    D) Vladimir Potapenko
    View Answer
      Option C
    Explanation:
    Headquarter-Mandaluyong, Philippines
  15. What is a standard lot size of Priority Sector Lending Certificates (PSLC)?
    A) Rs 50 lakh
    B) Rs 25 lakh
    C) Rs 10 lakh
    D) Rs 5 lakh
    View Answer
      Option B
    Explanation:
    The PSLCs would have a standard lot size of Rs. 25 lakh and multiples thereof.
  16. When is the International Day of Neutrality observed?
    A) February 10
    B) January 11
    C) December 12
    D) November 13
    View Answer
      Option C
    Explanation:
    International Day of Neutrality is a United Nations observance held on December 12 each year. It was officially declared by a UN General Assembly resolution adopted in February 2017 and first observed on December 12 of the same year.
  17. NABARD was approved by the Parliament through ______ of 1981.
    A) Act 61
    B) Act 24
    C) Act 65
    D) Act 57
    View Answer
      Option A
    Explanation:
    NABARD was established on the recommendations of B.Sivaraman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.
  18. The 2018 Golf World Cup will be organised in which city?
    A) Sydney
    B) Melbourne
    C) Brisbane
    D) Canberra
    View Answer
      Option B
    Explanation:
    Organizers of the golf World Cup announced that Melbourne (city in Victoria, Australia) will host the grand team event for the third straight time in 2018.
  19. A Payments Bank will be recognized as Systematically Important when the net worth of the bank reaches _____
    A) Rs 350 crore
    B) Rs 550 crore
    C) Rs 500 crore
    D) Rs 800 crore
    View Answer
      Option C
    Explanation:
    When the payment bank reaches the net worth of Rs.500 crore, and therefore becomes systemically important, diversified ownership and listing will be mandatory within three years of reaching that net worth.
  20. The process in which a cheque is transferred to a name of another person by signing on the cheque along with the name of person to whom cheque is being transferred is known as______
    A) Truncation
    B) Transfer
    C) Restriction
    D) Endorsement
    View Answer
      Option D

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