GA Revision for Syndicate and Canara Bank Exams — Set 116

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. Name the tech giant which has recently acquired the mobile arm HTC under USD 1.1 billion deal?
    A) Apple
    B) Facebook
    C) Microsoft
    D) Google
    View Answer
      Option D
    Explanation:
    Tech giant Google has announced the closure of a USD 1.1 billion deal with smartphone maker HTC, following which the former is set to acquire the latter’s design talent.
  2. ATMs operated by Non-Banking Companies are called __________
    A) Brown Label ATMs (WLA)
    B) White Label ATMs (BLAs)
    C) Purple Label ATMs (WLA)
    D) Pink Label ATMs (WLA)
    View Answer
      Option B
    Explanation:
    White Label ATMs (WLAs) Automated Teller Machines (ATMs) set up, owned andoperated by non-bank entities are called “White Label ATMs” (WLAs).
  3. Which city hosted the 19th India International Watch and Clock Fair “Samaya Bharati 2018”?
    A) Mumbai
    B) New Delhi
    C) Hyderabad
    D) Amritsar
    View Answer
      Option A
    Explanation:
    The 19th India International Watch & Clock Fair “Samaya Bharati 2018” was held in Mumbai. The Fair, a grand horological event, was organized by India’s leading watch & clock magazine “Trade Post” under the auspices of Watch Trade Federation and supported by other trade bodies.
  4. What is the capital city of Seychelles?
    A) Fiji
    B) Ottawa
    C) Minsk
    D) None of these
    View Answer
      Option D
    Explanation:
    Capital- Victoria
  5. Name the third of six Scorpene class submarine launched by the Indian Navy in January 2018
    A) INS Kareem
    B) INS Karanj
    C) INS Kiltan
    D) INS Khukri
    View Answer
      Option B
    Explanation:
    The third indigenously-built diesel-electric Scorpene-class submarine, INS Karanj, has been launched at the Mazagaon Dock Shipbuilders Ltd (MDL) in Mumbai. The first of the vessels, INS Kalvari, was commissioned into the Indian Navy on December 14, 2017 while the second, INS Kandhari was launched in January of that year and is undergoing sea trials.
  6. Special Drawing Rights are the rights of countries provided by ___________

    A) World Bank
    B) IMF
    C) ADB
    D) Federal Reserves

    View Answer
      Option B
    Explanation:
    The Special Drawing Right (SDR) is an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries
  7. What is the rank of India among the list of the most wealthiest countries of the world as per the report by New World Wealth?
    A) Fifth
    B) Eighth
    C) Third
    D) Sixth
    View Answer
      Option D
    Explanation:
    India has been ranked sixth in the list of wealthiest countries with total wealth of 8,230 billion US dollars, while the United States topped the chart. According to a report by New World Wealth, India was the best performing wealth market globally in 2017 as its total wealth swelled from 6,584 billion dollars in 2016 to 8,230 billion dollars in 2017, registering a 25 per cent growth.
  8. Mohiniattam is a classical dance of which Indian state?
    A) Tamil Nadu
    B) Odisha
    C) Andhra Pradesh
    D) Kerala
    View Answer
      Option D
    Explanation:
    Mohiniyattam, also spelled Mohiniattam, is one of two classical dances of India that developed and remain popular in the state of Kerala. The other classical dance form from Kerala is Kathakali.
  9. Garuda Shakti is an annual military exercise of Indian Army and Army of _________
    A) Bangladesh
    B) Indonesia
    C) Sri Lanka
    D) Vietnam
    View Answer
      Option B
    Explanation:
    The Indian and Indonesian armies began the sixth edition of their annual military exercise named ‘Garuda Shakti’ in Bandung, Indonesia. The exercises will include experience sharing in counter-terrorism operations, close quarter combat, and other areas of special operations.
  10. What is the full form of FATF?
    A) Financial Action Task Force
    B) Foreign Account Task Force
    C) Financial Account Task Force
    D) Foreign Action Task Force
    View Answer
      Option A
    Explanation:
    The Financial Action Task Force, also known by its French name, Groupe d’action financière, is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering
  11. Suresh Seth who passed away recently was former mayor of which city?
    A) Lucknow
    B) Chandigarh
    C) Indore
    D) Ahmedabad
    View Answer
      Option C
    Explanation:
    Senior Congress leader and former Indore Mayor, Suresh Seth has passed away. Seth, known for his charismatic and robust personality, was also called as a ‘Lion of Indore’ – he aggressively took up people’s issues and cut across party lines to deliver benefit to the common man.
  12. Gangrel dam in Chhattisgarh is build on which of the following river?
    A) Mahanadi
    B) Godavari
    C) Satluj
    D) Narmada
    View Answer
      Option A
    Explanation:
    Gangrel Dam, also known as the R.S. Sagar Dam, is located in Chhattisgarh, India. It is built across the Mahanadi River. It is located in Dhamtari district
  13. The Government of India has recently signed $84 million loan with which financial institution for water supply project in Bihar?
    A) International Monetary Fund (IMF)
    B) World Bank
    C) Asian Development Bank (ADB)
    D) International Finance Corporation (IFC)
    View Answer
      Option C
    Explanation:
    The Government of India and Asian Development Bank (ADB) signed a $84 million loan for improvement and expansion of water supply in Bhagalpur and Gaya towns in Bihar. 
  14. Which statement is not true about Multi Commodity Exchange (MCX)?
    A) MCX is India’s first listed commodity futures exchange founded in 2005
    B) It operates within the regulatory framework of the Forward Contracts Regulation Act, 1952 (FCRA, 1952)
    C) It facilitates online trading, clearing and settlement of commodity futures transactions, thereby providing a platform for risk management
    D) All are True
    View Answer
      Option A
    Explanation:
    Multi Commodity Exchange (MCX) was founded in 2003 and operates within the regulatory framework of the Forward Contracts Regulation Act, 1952 (FCRA, 1952)
  15. The recently launched blue colored Baal Aadhaar card by UIDAI is for children below the age of ____
    A) 10 Years
    B) 5 Years
    C) 8 Years
    D) 3 Years
    View Answer
      Option B
    Explanation:
    Unique Identification Authority of India (UIDAI) has now introduced a blue coloured ‘Baal Aadhaar’ card for children below the age of 5 years. To recall all children below the age of 5 don’t need to give biometric details for getting an Aadhaar card.
  16. Which Indian city is also known as ‘Pittsburg of India’?
    A) Ahmedabad
    B) Jaipur
    C) Lucknow
    D) Jamshedpur
    View Answer
      Option D
  17. The 69th Strandja Memorial Boxing Tournament was held in which country?
    A) Oman
    B) Indonesia
    C) Mauritius
    D) Bulgaria
    View Answer
      Option D
    Explanation:
    Indian boxer Vikas Krishan won a gold medal and was named the best boxer of the tournament at the 69th Strandja Memorial boxing tournament in Bulgaria. 
  18. Who is the Chairperson of Insolvency and Bankruptcy Board of India (IBBI)?
    A) Suman Saxena
    B) Navrang Saini
    C) M. S. Sahoo
    D) Mukulita Vijayawargiya
    View Answer
      Option C
    Explanation:
    IBBI was established on 1 October 2016 and given statutory powers through the Insolvency and Bankruptcy Code, which was passed by Lok Sabha on 5 May 2016.
  19. Which country has topped the Global Democracy Index 2018?
    A) Switzerland
    B) Norway
    C) Sweden
    D) Iceland
    View Answer
      Option B
    Explanation:
    Norway has again topped the list, followed by Iceland and Sweden
  20. Vikas Krishan is related with which sports?
    A) Boxing
    B) Athletics
    C) Wrestling
    D) Golf
    View Answer
      Option A
    Explanation:
    Vikas Krishan Yadav is an Indian male boxer from Bhiwani district in Haryana.

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