GA Revision for Syndicate and Canara Bank Exams — Set 106

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 has been conferred with the 3rd ICCR Distinguished Indologist Award?
   A) Hiroshi Marui
   B) Bill Ayers
   C) Yu Long Yu
   D) Lixia Zhang
   
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     Option A
   Explanation: The President of India, Shri Ram Nath Kovind, conferred the 3rd ICCR Distinguished Indologist Award on Professor Hiroshi Marui of Japan.
2. Keoladeo National Park is located in which state?
   A) Sikkim
   B) Madhya Pradesh
   C) Bihar
   D) Rajasthan
   
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     Option D
3. Name the state which has launched a free household power connection scheme ‘Prakash hai to vikas hai’ to mark birth anniversary of former prime minister Atal Bihari Vajpayee on 25th December
   A) Uttar Pradesh
   B) Madhya Pradesh
   C) Bihar
   D) Haryana
   
   View Answer

     Option A
   Explanation:  Uttar Pradesh government has launched a free household power connection scheme ‘Prakash hai to vikas hai’ for the poor in the state to mark former prime minister Atal Bihari Vajpayee’s birthday on 25th December. Under the news scheme the government has a target of covering 16 million by the end of 2018.
4. Which of the following is not a major component of Market Risk?
   A) Interest rate risk
   B) Equity risk
   C) Credit risk
   D) Foreign exchange risk
   
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     Option C
   Explanation: The major components of Market risk are::
   Interest rate risk
   Equity risk
   Foreign exchange risk
   Commodity risk
5. Which among the following is the first low income country of the world to offer universal eye care for the its citizens?
   A) Bangladesh
   B) Rwanda
   C) Cambodia
   D) Haiti
   
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     Option B
   Explanation: Rwanda has become the first low-income country to provide universal eye care for its 12 million population. The government has partnered with the organisation Vision for a Nation (VFAN) to train more than 3,000 eye care nurses based in 502 local health centres, prescribing glasses and referring those with serious eye problems to national clinics.
6. Who is the President of Asian Infrastructure Investment Bank (AIIB)?
   A) Martin Kimmig
   B) Gerard Sanders
   C) Sir Danny Alexander
   D) Jin Liqun
   
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     Option D
   Explanation: Headquarters: Beijing, China
7. Which country has attained the top spot in the 2018 Global Intellectual Property (IP) index?
   A) United States
   B) Britain
   C) Sweden
   D) Germany
   
   View Answer

     Option A
   Explanation: The US is at the top of the IP index list with 37.98 points, followed by Britain (37.97) and Sweden (37.03). India has substantially improved its ranking, to 44, in the latest Global Intellectual Property (IP) index released by the US Chambers of Commerce. India’s overall score is 30 per cent (12.03 out of 40) in the latest edition of the index. 
8. Sue Grafton who passed away recently was a renowned _______
   A) Politician
   B) Actress
   C) Author
   D) Journalist
   
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     Option C
   Explanation: Sue Grafton, author and creator of the Alphabet Series of mystery novels, has passed away at age 77. She was dealing with cancer for the last two years.
9. Santiago is the capital of which country?
   A) Fiji
   B) Bolivia
   C) Namibia
   D) Chile
   
   View Answer

     Option D
   Explanation: Currency-Chilean peso
10. The National Small Industries Corporation (NSIC) has inked an MoU with which country for the development of small and medium businesses (SMBs) in the two nations?
    A) Malaysia
    B) Bangladesh
    C) Myanmar
    D) Sri Lanka
    
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      Option A
    Explanation: National Small Industries Corporation (NSIC) signed an MoU with SME Corporation Malaysia for exchange of information and cooperation in areas such as policies to aid development of small and medium businesses (SMBs) in the two countries. The two entities will also work together for improving competitiveness of Indian and Malaysian MSMEs in global markets and other forms of technical collaboration.
11. Digital Dakiya Scheme has been launched by which state?
    A) Uttar Pradesh
    B) Madhya Pradesh
    C) Maharashtra
    D) Haryana
    
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      Option B
    Explanation: Encourage cashless transaction in the state.
12. The World Economic Outlook (WEO) report is published by which international body?
    A) IMF
    B) World Bank
    C) World Economic Forum
    D) United Nations Development Programme
    
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      Option A
    Explanation: The World Economic Outlook (WEO) is a survey conducted and published by the International Monetary Fund. It is published biannually and partly updated two times a year. It portrays the world economy in the near and medium context, with projections for up to four years into the future.
13. What is the maximum deposit under National Savings Certificates (NSC)?
    A) Rs 1,00,000
    B) Rs 1,50,000
    C) Rs 2,00,000
    D) No such limit
    
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      Option D
    Explanation: No such limit
14. In an effort to have better network connectivity in the Northeast region of India, the Centre has sanctioned projects over Rs __________ crore
    A) Rs 15000 crore
    B) Rs 10000 crore
    C) Rs 20000 crore
    D) Rs 25000 crore
    
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      Option B
    Explanation: The Centre has sanctioned projects over 10,000 crore rupees in the North East for better network connectivity. 2 MoUs have been signed to cover the uncovered areas in the North East including Assam and Arunachal Pradesh.
15. Sattriya is famous dance form of which state?
    A) Uttar Pradesh
    B) Arunachal Pradesh
    C) Nagaland
    D) Assam
    
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      Option D
16. Which among the given has recently taken over majority stakes in a Mumbai-based start-up, CreditMate?
    A) BSNL
    B) Flipkart
    C) Paytm
    D) Ola
    
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      Option C
    Explanation: Paytm has picked up a majority stake in CreditMate, a Mumbai-based startup that facilitates two-wheeler loans for customers with no formal credit history. The company uses data-driven algorithms to disburse loans through its dealer partners.
17. Name the bank which has partnered with the fintech startup Nearby Technologies to provide Aadhaar- enabled cardless and pinless ATM service, PayNEARBY to customers
    A) Kotak Mahindra Bank
    B) HDFC Bank
    C) IndusInd bank
    D) Yes Bank
    
    View Answer

      Option D
    Explanation: Fintech startup Nearby Technologies has tied up with Yes Bank to provide Aadhaar- enabled cardless and pinless ATM service called PayNEARBY  by which customers can deposit or withdraw money at retailers’ place. Using the PayNEARBY mobile application on a smart phone, a retailer can become an Aadhaar ATM/Aadhaar Bank branch for cash withdrawals and deposits by a customer.
18. In collaboration with which bank, PhonePe, a Flipkart Group company, has launched India’s first UPI (Unified Payments Interface) based mobile payments app?
    A) Yes Bank
    B) ICICI Bank
    C) Bank of Baroda
    D) United Bank of India
    
    View Answer

      Option A
    Explanation: Mobile payments start-up PhonePe Internet Pvt. Ltd, which is owned by Flipkart, in partnership with private lender Yes Bank launched unified payments interface (UPI) based payments app.
    PhonePe allows users to link their bank accounts securely to their smartphone using National Payments Corporation of India’s encrypted libraries. 
19. The 8th edition of Theatre Olympics will be held in which country?
    A) India
    B) United States
    C) Russia
    D) Japan
    
    View Answer

      Option A
    Explanation: India will host the 8th edition of Theatre Olympics from 17th of this month for the first time. The event will continue till 8th of April. 51 day long nationwide theatre extravaganza will be held in 17 cities including Ahmedabad, Bhopal, Patna, Kolkata, Mumbai, Guwahati and Jammu. The theme of the festival is flag of friendship.
20. The Integrated solar based micro irrigation scheme (ISBMI) has been launched by which state government
    A) Madhya Pradesh
    B) Gujarat
    C) Rajasthan
    D) Haryana
    
    View Answer

      Option D
    Explanation: To save electricity and water considerably economical for the farmers

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