GA Revision for Bank of India, RBI Grade B, SBI PO/Clerk — Set 126

GA Revision Questions for upcoming RBI Grade B 2018, SBI PO/Clerk 2018, Bank of India, Dena Bank PO 2018, NABARD 2018 and other upcoming exams.

1. The headquarter of the International Shooting Sport Federation is in which country?
   A) Paris, France
   B) Vienna, Austria
   C) Munich, Germany
   D) Lausanne, Switzerland
   
   View Answer

     Option C
   Explanation: The International Shooting Sport Federation, also known with the acronym ISSF, is the governing body of the Olympic Shooting events in Rifle, Pistol and Shotgun disciplines, and of several non-Olympic Shooting sport events.

   Headquarters: Munich, Germany

   President: Olegario Vazquez Rana

   Founded: 1907
2. Recently IT major Tech Mahindra has rolled out its Cyber Security Operations Centre in which of the following states?
   A) Telangana
   B) Andhra Pradesh
   C) Tamil Nadu
   D) Karnataka
   
   View Answer

     Option B
   Explanation: IT major Tech Mahindra has established Andhra Pradesh Cyber Security Operations Centre (APCSOC) in Vijayawada which is equipped with predictive threat analytics capabilities. The Andhra Pradesh Cyber Security Operations Centre (APCSOC), first of its kind in India, will leverage Tech Mahindra’s global expertise in cyber security and risk management for a robust government security framework.
3. Banks must apply LEF at the same level when the risk-based capital requirements are applied. What does L stands for in LEF?
   A) Large
   B) Liquidity
   C) Liability
   D) Loan
   
   View Answer

     Option A
   Explanation: LEF- Large Exposures Framework
4. The Google dedicated a doodle on March 25th to commemorate ________ anniversary of the Chipko Movement.
   A) 35th
   B) 65th
   C) 55th
   D) 45th
   
   View Answer

     Option D
   Explanation: Google commemorated the 45th anniversary of the Chipko movement with a doodle on 25th March. In 1973, villagers in Uttar Pradesh’s Chamoli district (now Uttarakhand) took to hugging trees to prevent their felling at the hands of contractors.
5. The first-ever multi-nation naval exercise at sea named MILES-18 has been organized at which place?
   A) Andaman sea
   B) Red Sea
   C) Persian Gulf
   D) Arabian Sea
   
   View Answer

     Option A
   Explanation: The first-ever multi-nation naval exercise at sea, MILES-18, began at the Andaman sea. 11 naval ships of 8 countries and nine Indian ships are participating in the three-day exercise.
6. The State Bank of India (SBI) launched NETC- SBI FASTag. What does N stands for in NETC?
   A) Network
   B) National
   C) Numbered
   D) Nominal
   
   View Answer

     Option B
   Explanation: National Electronic Toll Collection (NETC)- SBI FASTag
7. Which among the following Small Finance Bank has developed a mobile based App named Kamao?
   A) Ujjivan Small Finance Bank
   B) Utkarsh Small Finance Bank
   C) AU Small Finance Bank
   D) Equitas Small Finance Bank
   
   View Answer

     Option C
   Explanation: Jaipur-headquartered AU Small Finance Bank wants to ramp up its business via crowd-sourcing — involving not only employees but also customers and non-customers — with the help of a mobile-based app called ‘Kamao’ (earn). This app is currently undergoing beta (field) testing.
8. Talley Valley Wildlife Sanctuary is located in which of the following states?
   A) Assam
   B) Arunachal Pradesh
   C) West Bengal
   D) Sikkim
   
   View Answer

     Option B
   Explanation: Talley Valley Wildlife Sanctuary is a wildlife sanctuary in Arunachal Pradesh, India. Arunachal Pradesh as a whole contains 40% of the floral and faunal species in India.
9. Which is the largest electricity producing country of the world?
   A) United States
   B) China
   C) Japan
   D) Russia
   
   View Answer

     Option B
   Explanation: India has become the 3rd largest electricity producer in the world as its electricity production grew 34% over seven years to 2017. The country now produces more energy than Japan and Russia, which had 27% and 8.77% more electricity generation capacity installed, respectively, than India seven years ago. China topped the list followed by USA.
10. Which among the following states has signed a tripartite MoU with the Bureau of Energy Efficiency (BEE) for construction of energy efficient buildings?
    A) Andhra Pradesh
    B) Karnataka
    C) Haryana
    D) Maharashtra
    
    View Answer

      Option A
    Explanation: The Bureau of Energy Efficiency (BEE) signed a tripartite Memorandum of Understanding (MoU) with the Andhra Pradesh Capital Region Development Authority (APCRDA) and the Andhra Pradesh State Energy Conservation Mission (APSECM), state-designated agency for providing technical assistance to the APCRDA, for construction of energy efficient buildings as per Energy Conservation Building Code (ECBC) – 2017.
11. Name the financial institutions which has signed loan agreement worth $80 million for improving skill development among youth and modernizing institutes in Himachal Pradesh?
    A) World Bank
    B) International Monetary Fund
    C) Asian Development Bank (ADB)
    D) European Investment Bank
    
    View Answer

      Option C
    Explanation: The Indian government has signed a $80 million (Rs 512 crore) loan agreement with the Asian Development Bank (ADB) to help improving skills of youth and modernising institutes. This project of estimated cost of $100 million (Rs 640 crore) is expected to be completed by 2022 and the state will get 90 per cent of the loan component as grant from the Central government. 
12. Where is Centre for Advanced Financial Research and Learning (CAFRAL) situated?
    A) Jaipur
    B) Ahmedabad
    C) Pune
    D) Mumbai
    
    View Answer

      Option D
    Explanation: The Centre for Advanced Financial Research and Learning (CAFRAL) is an independent body set up by the Reserve Bank of India (RBI) in the backdrop of India’s evolving role in the global economy, in the financial services sector and its position in various international fora, and to develop into a world class global institution for research and learning in banking and finance.
    The Governor of RBI is the Chairman of the Governing Council of CAFRAL.
13. The Government of India has recently approved to set up a Plastic Park in which of the following states?
    A) West Bengal
    B) Maharashtra
    C) Madhya Pradesh
    D) Jharkhand
    
    View Answer

      Option D
    Explanation: Centre has approved to set up a plastic park in Deoghar district of Jharkhand. The park is being set up at an estimated cost of 120 crore rupees and is spread over 150 acres of land.
14. Mario Abdo Benitez has been appointed as the President of which country?
    A) Paraguay
    B) Bolivia
    C) Argentina
    D) Brazil
    
    View Answer

      Option A
    Explanation: Paraguay’s ruling Colorado Party candidate Mario Abdo Benitez has won the presidential election, data released by the country’s election tribunal showed.
15. Which among the given is not a type of Authorised Money Changers (AMCs)?
    A) Authorised Dealer Category -I Banks
    B) Authorised Dealers Category – II
    C) Authorised Dealers Category – III
    D) Full Fledged Money Changers (FFMCs)
    
    View Answer

      Option C
    Explanation: Authorised Money Changers (AMCs) are Full Fledged Money Changer (FFMC) authorised by the Reserve Bank to deal in foreign exchange for specified purposes. The different types of AMCs are Authorised Dealer Category -I Banks (AD Category–I Banks), Authorised Dealers Category – II (ADs Category–II) and Full Fledged Money Changers (FFMCs).
16. Who among the following has been awarded the ‘India Talent Management Award’ 2018?
    A) Shikha Sharma
    B) Rana Kapoor
    C) Chanda Kochar
    D) Uday Kotak
    
    View Answer

      Option B
    Explanation: Rana Kapoor, MD & CEO, YES BANK has been awarded with the ‘India Talent Management Award’  for fostering an entrepreneurial spirit and best practices at one of India’s fastest growing banks.
17. Any person resident outside India, having a business interest in India, can open SNRR account. What does S stands for in SNRR?
    A) Secure
    B) Special
    C) Specific
    D) Savings
    
    View Answer

      Option B
    Explanation: Any person resident outside India, having a business interest in India, can open a Special Non-Resident Rupee Account (SNRR account) with an authorised dealer for the purpose of putting through bona fide transactions in rupees which are in conformity with the provisions of the Act, rules and regulations made thereunder. 
18. Which country has won the Nidahas Cricket Trophy 2018?
    A) India
    B) Sri Lanka
    C) Bangladesh
    D) West Indies
    
    View Answer

      Option A
    Explanation: India beat Bangladesh by four wickets to win the Nidahas Cricket Trophy final in Colombo. In a nail biting final, the visitors clinched the T20 Tri-series title with Dinesh Karthik’s last-ball six. This is the eighth victory of India against Bangladesh in a T-20 format.
19. Name the MD & CEO of Tata Consultancy Services Limited (TCS)
    A) Kamlesh Nilkanth Vyas
    B) Natarajan Chandrasekaran
    C) Rajesh Gopinathan
    D) Alok Kumar Verma
    
    View Answer

      Option C
20. What is the maximum limit per transaction on the amount that could be transferred using NEFT?
    A) ₹ 15,000
    B) ₹ 10,000
    C) ₹ 25,000
    D) ₹ 50,000
    
    View Answer

      Option D
    Explanation: There is no limit – either minimum or maximum – on the amount of funds that could be transferred using NEFT. However, maximum amount per transaction is limited to ₹ 50,000/- for cash-based remittances within India and also for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.

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