GA Revision for NABARD, RBI Grade B, SBI Clerk — Set 124

GA Revision Questions for upcoming RBI Grade B 2018, SBI Clerk 2018, NABARD 2018 and other upcoming exams.

  1. Recently which country conducted the successful testing of its latest nuclear intercontinental ballistic missile “Sarmat”?
    A) France
    B) Russia
    C) Germany
    D) Britain
    View Answer
      Option B
    Explanation:
    The Russian military has successfully tested its latest intercontinental ballistic missile “Sarmat”.  Sarmat is intended to replace the Soviet-designed Voyevoda, the world’s heaviest ICBM known as “Satan” in the West.
  2. Which among the following categories does not come under Priority Sector?
    A) Micro, Small and Medium Enterprises
    B) Social Infrastructure
    C) Education
    D) All comes under priority sector
    View Answer
      Option D
    Explanation:
    Priority Sector includes the following categories:(i) Agriculture
    (ii) Micro, Small and Medium Enterprises
    (iii) Export Credit
    (iv) Education
    (v) Housing
    (vi) Social Infrastructure
    (vii) Renewable Energy
    (viii) Others
  3. Surya Kiran is a joint military training exercise of India and ___________
    A) Malaysia
    B) Bangladesh
    C) Nepal
    D) Sri Lanka
    View Answer
      Option C
    Explanation:
    India and Nepal would hold a joint exercise, “Surya Kiran” that will include training on jungle warfare, anti-terrorism combat as well as disaster response activities.
  4. Zagreb is the capital of which country?
    A) Djibouti
    B) Croatia
    C) Guyana
    D) Lebanon
    View Answer
      Option B
    Explanation:
    Currency – Croatian kuna
  5. What is the theme of the 2018 World Health Day?
    A) Universal health coverage: everyone, everywhere
    B) Make every mother and child count
    C) Good health adds life to years
    D) International health security
    View Answer
      Option A
    Explanation:
    The World Health Day is a global health awareness day celebrated every year on 7 April, under the sponsorship of the World Health Organization (WHO), as well as other related organisations. The World Health Day is held to mark WHO’s founding, and is seen as an opportunity by the organization to draw worldwide attention to a subject of major importance to global health each year. The theme of the World Health Day in 2018 is “Universal health coverage: everyone, everywhere”.
  6. The cleanliness and pollution free scheme named Parivartan had been rolled out by which state?
    A) West Bengal
    B) Haryana
    C) Uttar Pradesh
    D) Odisha
    View Answer
      Option B
    Explanation:
    The Haryana government launched Parivartan, a scheme designed to address 10 issues, including cleanliness and pollution, in 46 developmental blocks of the state. 
  7. Who among the given has been appointed as the new President of Peru?
    A) Martin Vizcarra
    B) Mercedes Araoz
    C) Sebastian Pinera
    D) Michel Temer
    View Answer
      Option A
    Explanation:
    Peruvian regional governor Martin Vizcarra was sworn in as the country’s new president, after his predecessor Pedro Pablo Kuczynski abruptly resigned over a corruption scandal.
  8. A medium enterprise is an enterprise where the investment in plant and machinery cannot exceed Rs________
    A) Rs.2 crore
    B) Rs.5 crore
    C) Rs.10 crore
    D) Rs.15 crore
    View Answer
      Option C
    Explanation:
    A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore.
  9. Which among the given banks has been dismissed by the Reserve Bank of India to import raw gold and silver for FY19?
    A) Kotak Mahindra Bank
    B) Axis Bank
    C) ICICI Bank
    D) Yes Bank
    View Answer
      Option B
    Explanation:
    The Reserve Bank of India (RBI) has dropped Axis Bank, which has been one of the largest importers of bullion, from the list of lenders allowed to ship in gold and silver for the current fiscal year. Two other small banks Karur Vyasa and South Indian Bank, were also dropped from the RBI list.
  10. Which section of the RBI Act 1934 obligates the Bank to transact Government business?
    A) Section 22
    B) Section 19
    C) Section 20
    D) Section 21
    View Answer
      Option C
    Explanation:
    In terms of Section 20 of the RBI Act 1934, RBI has the obligation to undertake the receipts and payments of the Central Government and to carry out the exchange, remittance and other banking operations, including the management of the public debt of the Union. Further, as per Section 21 of the said Act, RBI has the right to transact Government business of the Union in India.
  11. How much amount has been approved by the government of India for the construction of 3.12 lakh affordable houses under Pradhan Mantri Awas Yojana (Urban)?
    A) Rs. 12,000 crore
    B) Rs. 10,000 crore
    C) Rs. 15,000 crore
    D) Rs. 18,000 crore
    View Answer
      Option D
    Explanation:
    Ministry of Housing and Urban Affairs has approved the construction of another 3.12 lakh affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of over Rs. 18,000 crore with central assistance of over Rs. 4,700 crore.
  12. Who among the following has been appointed as the brand ambassador of Muthoot Group?
    A) Amitabh Bachchan
    B) Akshay Kumar
    C) Deepika Padukone
    D) Virat Kohli
    View Answer
      Option A
    Explanation:
    The Muthoot Group has roped in Amitabh Bachchan as brand ambassador to represent them in their national campaigns.
  13. Which among the given teams has won the Santosh Trophy Football Championship 2018?
    A) Kerala
    B) West Bengal
    C) Odisha
    D) Maharashtra
    View Answer
      Option A
    Explanation:
    Kerala have lifted their sixth Santosh Trophy Football title. In a thrilling final at the Salt Lake Stadium in Kolkata, they beat defending champions and 32-time winners Bengal via penalty shootout.
  14. What is the maximum number of ‘Basic Savings Bank Deposit Account’ that an individual have in one bank?
    A) Two
    B) One
    C) Three
    D) No Limit
    View Answer
      Option B
    Explanation:
    An individual is eligible to have only one ‘Basic Savings Bank Deposit Account’ in one bank.
  15. Name the company which has recently received the approval of Securities and Exchange Board of India (SEBI) to become a registered investment advisor.
    A) Amazon Pay
    B) Airtel Money
    C) Paytm Money
    D) Google Pay
    View Answer
      Option C
    Explanation:
    Financial services platform Paytm has announced that its wholly-owned subsidiary, Paytm Money, has received approval of market regulator Securities and Exchange Board of India (SEBI) to become a registered investment advisor. The nod from Sebi will allow the company to roll out investment and wealth management products to consumers across the country.
  16. We often come through the term EMI which is used to pay off both the principal and interest components of an outstanding loan. What does EMI stands for?
    A) Equated Monthly Installments
    B) Equal Minimum Installments
    C) Excess Monthly Installments
    D) Emerging Minimum Installments
    View Answer
      Option A
    Explanation:
    You repay the loan in Equated Monthly Installments (EMIs) comprising both principal and interest. 
  17. What is the rank of India in the 2018 World Happiness Index?
    A) 125
    B) 141
    C) 133
    D) 112
    View Answer
      Option C
    Explanation:
    The World Happiness Index 2018, which measures 156 countries in terms of happiness, has placed India in the 133rd position, a drop of 11 places from last year’s 122nd rank.
  18. The Sultan Azlan Shah Cup is associated with which sports?
    A) Lawn Tennis
    B) Cricket
    C) Football
    D) Hockey
    E) Golf
    View Answer
      Option D
    Explanation:
    The Sultan Azlan Shah Cup is an annual international men’s field hockey tournament held in Malaysia. It began in 1983 as a biennial contest. The tournament became an annual event after 1998, following its growth and popularity.
  19. In which of the following states, PM Modi has inaugurated the first health centre under Ayushman Bharat Scheme?
    A) Andhra Pradesh
    B) Bihar
    C) Chhatissgarh
    D) Maharashtra
    View Answer
      Option C
    Explanation:
    Prime Minister Narendra Modi inaugurated the first health centre under Ayushman Bharat Scheme in Chhattisgarh’s Bijapur on April 14. He also inaugurated the first phase of the Bastar Internet scheme under which a 40,000-km-long network of fibre optics cable would be spread across the seven districts of the tribal region. The districts are Bijapur, Narayanpur, Bastar, Kanker, Kondagaon, Sukma and Dantewada.
  20. The Nabakalebar festival is observed by the people of which state?
    A) Kerala
    B) Andhra Pradesh
    C) Tamil Nadu
    D) Odisha
    View Answer
      Option D
    Explanation:
    The Nabakalebara is a celebration of the ancient ritual of the Nabakalebara associated with most of the Jagannath Temples in Puri when the idols of Lord Jagannath, Balabhadra, Subhadra and Sudarshan are replaced by a new set of idols.

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