GA Revision for Syndicate and Canara Bank Exams — Set 103

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. Which of the following Payments Bank is the first to start giving its services in India?
    A) Paytm Payments Bank
    B) India Post Payments Bank
    C) Airtel Payments Bank
    D) Fino Payments Bank
    View Answer
      Option C
    Explanation:
    Bharti Airtel launched India’s first live payments bank in March 2017.
  2. How much amount of loan agreement has been signed between the Government of India and the World Bank to boost rural economy of Tamil Nadu?
    A) $100 million
    B) $150 million
    C) $200 million
    D) $250 million
    View Answer
      Option A
    Explanation:
    The Government of India and the World Bank signed a $100 million Loan Agreement that is expected to promote rural enterprises, facilitate their access to finance, and create employment opportunities for youth, particularly women, in selected blocks of Tamil Nadu across 26 districts, directly benefitting over 400,000 people.
  3. Who appoints the Foreign Secretary of India?
    A) President of India
    B) Appointments Committee of the Cabinet
    C) Prime Minister
    D) Ministry of Home Affairs
    View Answer
      Option B
    Explanation:
    The current Foreign Secretary is Vijay Keshav Gokhale
  4. Which among the following industries has been awarded the Golden Peacock Award 2017 for corporate social responsibility (CSR)?
    A) Reliance Industries Limited (RIL)
    B) Larson & Toubro Limited
    C) Tata Motors Limited
    D) HSBC India
    View Answer
      Option A
    Explanation:
    Reliance Industries (RIL) has been awarded the Golden Peacock Award 2017 for corporate social responsibility (CSR) initiatives. The award was a recognition, in particular, of the work done by its CSR arm Reliance Foundation under Founder and Chairman Nita Ambani.
  5. The Vikramshila Gangetic Dolphin  Wild Life Sanctuary is in which state?
    A) Punjab
    B) Uttar Pradesh
    C) Bihar
    D) Rajasthan
    View Answer
      Option C
    Explanation:
    Vikramshila Gangetic Dolphin Sanctuary is located in Bhagalpur District of Bihar
  6. Which among the following spaceflight companies has recently launched the world’s most powerful rocket named Falcon Heavy into the outer space?
    A) Sierra Nevada Corporation
    B) Orbital Sciences
    C) Boeing
    D) SpaceX
    View Answer
      Option D
    Explanation:
    Business tycoon Elon Musk’s SpaceX has created history by successfully launching the Falcon Heavy rocket, the most powerful operational rocket in the world, into outer space. The rocket, which is on its course to the orbit of planet Mars, is the first step in Musk’s ambitious dream to send humans to Mars and create a colony on the planet.
  7. Where is the headquarters of North East Small Finance Bank located?
    A) Guwahati
    B) Gangtok
    C) Shillong
    D) Agartala
    View Answer
      Option A
    Explanation:
    RGVN (North East) Microfinance Limited, Guwahati
  8. Shakti App has been launched by which state in a bid to ensure the safety of women population of the state?
    A) Himachal Pradesh
    B) Rajasthan
    C) Punjab
    D) Gujarat
    View Answer
      Option A
    Explanation:
    Chief Minister Jai Ram Thakur launched the ‘Shakti’ app, which comes with a panic button, for women’s safety here. The app was developed by the National Informatics Centre (NIC) of the Himachal Pradesh government. Once triggered, the app would automatically send a message to the nearest police control room and start recording audio and video after 20 seconds
  9. The ADB Bank has decided to increase its India loans from existing $2.7 billion to $ ____ billion on annual basis during 2018-22.
    A) $ 5 billion
    B) $ 3 billion
    C) $ 6 billion
    D) $ 4 billion
    View Answer
      Option D
    Explanation:
    Asian Development Bank (ADB) will raise annual funding to India to up to $4 billion from existing $2.7 billion, from next year. The loans up to $4 billion will be provided on annual basis including non-sovereign or private debt during 2018-22. In this, annual sovereign funding will increase from $2 billion to $3 billion while private sector funding would be doubled to $1 billion totaling to $4 billion.
  10. Who has been appointed as the Chef de Mission for the 21st Commonwealth Games?
    A) Praveen Mahajan
    B) Hassan Moustafa
    C) Rajeev Shukla
    D) Vikram Singh Sisodia
    View Answer
      Option D
    Explanation:
    The Indian Olympic Association (IOA) appointed Vikram Singh Sisodia as the Chef de Mission for the 21st Commonwealth Games to be held at Gold Coast in Australia. Sisodia is currently the Joint Secretary of the IOA.
  11. For a Small Finance bank at least 50 per cent of its loan portfolio should constitute loans and advances of upto _____.
    A) Rs 5 lakh
    B) Rs 10 lakh
    C) Rs 25 lakh
    D) Rs 50 lakh
    View Answer
      Option C
    Explanation:
    At least 50 per cent of its loan portfolio should constitute loans and advances of upto Rs. 25 lakh.
  12. The Tapovan Vishnugad Dam is loacted in which state?
    A) Uttarakhand
    B) Himachal Pradesh
    C) Assam
    D) Rajasthan
    View Answer
      Option A
  13. Which country will host the 2018 Asian Champions Trophy?
    A) Qatar
    B) Oman
    C) Saudi Arabia
    D) United Arab Emirates
    View Answer
      Option B
    Explanation:
    The Asian Champions Trophy 2018 will be hosted by the Oman Hockey Association in Muscat between October 18 and 28, confirmed the Asian Hockey Federation (AHF). Oman is holding the event for the first time.
  14. What does M stands for in EMV Chips?
    A) MaestroCard
    B) MasterCard
    C) Money
    D) Monetary
    View Answer
      Option B
    Explanation:
    EMV- Europay, MasterCard, and Visa
  15. Which among the following payments bank has collaborated with Mumbai Dabbawala Association to use digital banking services for collecting instant payments?
    A) India Post Payments Bank
    B) Fino Payments Bank
    C) Airtel Payments Bank
    D) Paytm Payments Bank
    View Answer
      Option D
    Explanation:
    Paytm Payments Bank, a digital bank which provides zero balance accounts and zero charges on digital transactions, partnered with the Mumbai Dabbawala Association, the pioneers of home-cooked food delivery. As part of this association, around 5000 dabbawalas will now be able to collect instant payments for their Dabba service through Paytm QR. Additionally, they will also avail an easy access to banking and other financial services by opening their bank accounts with Paytm Payments Bank
  16. The Union government has approved to set up India’s first mega coastal economic zone (CEZ) in which state?
    A) Kerala
    B) Gujarat
    C) Maharashtra
    D) Tamil Nadu
    View Answer
      Option C
    Explanation:
    The government has given the go-ahead for setting up India’s first mega coastal economic zone (CEZ) at the Jawaharlal Nehru Port in Maharashtra as part of a plan to develop 14 such industrial clusters to spur manufacturing and generate jobs. The plan envisages a total investment of Rs 15,000 crore in the first phase and creation of more than 1.5 lakh jobs.
  17. What is the capital of Bermuda?
    A) Kingston
    B) Havana
    C) Nassau
    D) Hamilton
    View Answer
      Option D
    Explanation:
    Currency- Bermudian dollar
  18. The world’s largest amphibious aircraft, AG600, has been developed by which country?
    A) United States
    B) Russia
    C) China
    D) France
    View Answer
      Option C
    Explanation:
    China’s domestically developed AG600, the world’s largest amphibious aircraft, performed its maiden flight on 24th December.
  19. “Smart Banking 24×7” e-Lobbies has been launched by which bank to provide smoother access to banking facility to its Mumbai customers?
    A) Axis Bank
    B) Kotak Mahindra Bank
    C) State Bank of India
    D) Yes Bank
    View Answer
      Option B
    Explanation:
    Kotak Mahindra Bank (Kotak) has launched 24 hour accessible e-Lobbies in the Mumbai suburbs of Juhu and Powai. Keeping the convenience of customers in mind, Kotak is expanding the touchpoints available for customers with a new format – “Smart Banking 24×7” e-Lobbies.
  20. Immediate Payment Service (IMPS) facility is provided by?
    A) BBPS
    B) RBI
    C) NPCI
    D) AEPS
    View Answer
      Option C
    Explanation:
    It is managed by the National Payments Corporation of India (NPCI) 

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