GA Revision for Syndicate and Canara Bank Exams — Set 101

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. Who is the Chairman of Canara Bank?
    A) T. N. Manoharan
    B) Ajay Nanavati
    C) Rakesh Sharma
    D) Melwyn Rogo
    View Answer
      Option A
    Explanation:
    Headquarter: Bangalore; Slogan: Together We Can
  2. When is World Tsunami Awareness Day celebrated annually?
    A) 7 February
    B) 4 January
    C) 6 December
    D) 5 November
    View Answer
      Option D
    Explanation:
    The World Tsunami Awareness Day is observed across the world on 5 November every year. The day is celebrated to spread awareness among people across the world in matters related to the dangers of tsunami. 2017 theme of the day was ‘Reduce the Number of Affected People’
  3. Aishbagh Stadium is located in which state?
    A) Cuttack
    B) Bhopal
    C) Kolkata
    D) Gurgaon
    View Answer
      Option B
    Explanation:
    Aishbagh Stadium is a field hockey stadium in Bhopal, Madhya Pradesh. It has a seating capacity of more than 10,000 people.
  4. FRA and IRS are such instruments which can provide effective hedge against interest rate risks. What does S stands for in IRS?
    A) Settlement
    B) Short
    C) Swap
    D) Skip
    View Answer
      Option C
    Explanation:
    IRS- Interest Rate Swap
  5. Amaazia, India’s first Cartoon Network branded amusement park is set to be established in which city?
    A) Jaipur
    B) Amritsar
    C) Indore
    D) Surat
    View Answer
      Option D
    Explanation:
    Amaazia, India’s first Cartoon Network branded amusement park, will open in Surat, Gujarat in the first quarter of 2019.
  6. Anurag Kumar is the CEO of which among the following Universities?
    A) Banaras Hindu University, Varanasi
    B) Jawaharlal Nehru University, New Delhi
    C) Indian Institute of Science, Bangalore
    D) Manipal Academy of Higher Education-Manipal
    View Answer
      Option C
  7. Who among the following has been appointed as the new sales head of Apple India operations?
    A) Maneesh Dhir
    B) Michel Coulomb
    C) Sanjay Kaul
    D) Albert Gore
    View Answer
      Option B
    Explanation:
    Apple has named Michel Coulomb as the head of sales for its operations in India, a key market for the iconic iPhone maker. He succeeds Sanjay Kaul, who has stepped down from the post. 
  8. Which is the first Sate Bank Associate Bank that got merged with State Bank of India?
    A) State Bank of Indore
    B) State Bank of Hyderabad
    C) State Bank of Travancore
    D) State Bank of Saurashtra
    View Answer
      Option D
    Explanation:
    In 2008, State Bank of Saurashtra. 
  9. What is the current Marginal Standing Facility (MSF) Rate?
    A) 6.75%
    B) 6.50%
    C) 6.25%
    D) 6.00%
    View Answer
      Option C
    Explanation:
    Marginal Standing Facility (MSF) Rate: Unchanged at 6.25%
    Bank Rate: Unchanged at 6.25%
    Cash Reserve Ratio: Unchanged at 4%
    Statutory Liquidity Ratio (SLR): Unchanged at 19.5%
  10. Tigra Dam is located in which state?
    A) Arunachal Pradesh
    B) Uttar Pradesh
    C) West Bengal
    D) Madhya Pradesh
    View Answer
      Option D
    Explanation:
    Tigra Dam is situated on the Sank River, about 23 km from Gwalior, Madhya Pradesh, India.
  11. The Government of India has made PAN mandatory for any entity entering into a financial transaction of Rs 2.5 lakh or more with effect from ______
    A) April 1
    B) July 1
    C) March 1
    D) June 1
    View Answer
      Option A
    Explanation:
    The government has made Permanent Account Number (PAN) mandatory for any entity conducting financial transactions of ₹2.5 lakh or more. Adding that an Aadhaar-like identity number is being developed for enterprises, the government said PAN will also be used as a Unique Entity Number for non-individuals from April 1.
  12. How much is the shareholding limit of India among the shareholders of BRICS New Development Bank?
    A) 15%
    B) 12%
    C) 20%
    D) 18%
    View Answer
      Option C
    Explanation:
    The current distribution of shares between NDB member countries is equal i.e 20% each for Brazil, Russia, India, China and South Africa.
  13. What is the capital of Guinea?
    A) Freetown
    B) Conakry
    C) Monrovia
    D) Bissau
    View Answer
      Option B
    Explanation:
    Currency: Guinean franc; President: Alpha Conde
  14. YouTube is a subsidiary of _______
    A) Facebook
    B) Microsoft
    C) Google
    D) Apple
    View Answer
      Option C
  15. What is the rank of India in the Forbes’ 12th annual survey of the Best Countries for Business 2018
    A) 69
    B) 70
    C) 55
    D) 62
    View Answer
      Option D
    Explanation:
    The United Kingdom has topped Forbes’ rankings of best countries in the world for business in 2018 for the first time, up from fifth last year. The list ranks 153 countries on 15 factors including property rights, innovation, taxes and red tape. The UK is followed by New Zealand and the Netherlands, while India was ranked 62nd on the list.
  16. The Institute for Development and Research in Banking Technology (IDRBT) is situated in which state?
    A) Mumbai
    B) Mangalore
    C) Hyderabad
    D) Bhopal
    View Answer
      Option C
    Explanation:
    The Institute for Development & Research in Banking Technology (IDRBT) is a unique institution exclusively focused on Banking Technology. Established by the Reserve Bank of India (RBI) in 1996, the Institution works at the intersection of Banking and Technology. It is located in Hyderabad, India.
  17. The 150-megawatt Aurora plant, which is the world’s largest solar-thermal power plant, will be set up in which country?
    A) Sichuan, China
    B) Wellington, New Zealand
    C) North PyonganNorth Korea
    D) South Australia, Australia
    View Answer
      Option D
    Explanation:
    The world’s largest solar-thermal power plant has been given development approval by the South Australian government. Construction on the 150-megawatt Aurora plant, to be built by utility-scale solar power company SolarReserve, will begin in 2018 at an estimated cost of $509 million.
  18. Which among the following banks has tied up with the Hedge Equities Ltd to provide Portfolio Investment Scheme (PIS) services to NRIs?
    A) Federal Bank
    B) Kotak Mahindra Bank
    C) IndusInd Bank
    D) Bank of India
    View Answer
      Option A
    Explanation:
    Federal Bank has entered into a strategic partnership with Hedge Equities Ltd for providing Portfolio Investment Scheme (PIS) services to NRIs.
  19. How much amount has been allocated to the Digital India scheme in the Union Budget 2018-19?
    A) Rs 2520 crore
    B) Rs 3200 crore
    C) Rs 4140 crore
    D) Rs 3073 crore
    View Answer
      Option D
    Explanation: 
    Allocation to Digital India scheme doubled to Rs 3073 crore.
  20. In case of a Savings Account in Post Office, what maximum amount of interest earned per year on deposited money is tax free?
    A) Rs 5,000
    B) Rs 10,000
    C) Rs 12,000
    D) Rs 8,000
    View Answer
      Option B
    Explanation:
    Up to INR 10,000/- per year from financial year 2012-13

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