GA Revision for Bank of India, RBI Grade B, SBI PO/Clerk — Set 127

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. Harimau Shakti is a joint military training exercise of India with which country?
    A) Myanmar
    B) Bangladesh
    C) Sri Lanka
    D) Malaysia
    View Answer
      Option D
    Explanation:
    The Indian and Malaysian armies is conducting two-week military exercise beginning April 30 in Malaysia as part of efforts to bolster defence cooperation. The joint exercise ‘Harimau Shakti’ is being held in the dense forests of Sengai Perdik in Hulu Langat district of Malaysia.
  2. PLR is the rate at which banks gives loan to its most reliable customers i.e, customers with zero risk. What does P stands for in PLR?
    A) Permanent
    B) Prime
    C) Potential
    D) Public
    View Answer
      Option B
    Explanation:
    A prime rate or prime lending rate is an interest rate used by banks, usually the interest rate at which banks lend to favored customers—i.e., those with good credit.
  3. Who has been appointed as the new Chief Minister of Nagaland?
    A) Vamuzo Phesao
    B) Shurhozelie Liezietsu
    C) Neiphiu Rio
    D) TR Zeliang
    View Answer
      Option C
    Explanation:
    Nagaland Governor PB Acharya has appointed Neiphiu Rio as the Chief Minister of the state. He will replace TR Zeliang.
  4. The Kalinga Award is given for exceptional contribution in the field of________
    A) Science
    B) Arts
    C) Film
    D) Agriculture
    View Answer
      Option A
    Explanation:
    The Kalinga Prize for the Popularization of Science is an award given by UNESCO for exceptional skill in presenting scientific ideas to lay people.
  5. Who among the following has become the first women to be inducted as the India’s first direct-entry combat officer in the Indo-Tibetan Border Police?
    A) Nusrat
    B) Bhavya
    C) Prakriti
    D) Sukruti
    View Answer
      Option C
    Explanation:
    In another first for women, 25-year-old Prakriti has been inducted as the first direct-entry combat officer in the Indo-Tibetan Border Police. The ITBP is the last of the Central Armed Police Forces (CAPFs) to induct women officers in combat roles after the government first allowed it to enrol them in 2016.
  6. Which among the given statements is not correct with respect to the payment of pension to government pensioners?
    A) The pensioner is not required to open a separate pension account. The pension can be credited to his/her existing savings/ current account maintained with the branch selected by the pensioner.
    B) A Pensioner is entitled for compensation for delayed credit of pension.
    C) The Office/Department where the Government servant last served acts as the pension sanctioning authority.
    D) A minimum balance of Rs 25,000 should be maintained in the pension account annually.
    View Answer
      Option D
    Explanation:
    RBI has not stipulated any minimum balance to be maintained in pension accounts by the pensioners. Individual banks have framed their own rules in this regard.
  7. The theme of the World Intellectual Property Day 2018 is__________
    A) Celebrating innovation and promoting respect for intellectual property
    B) Innovation – Improving Lives
    C) Powering change: Women in innovation and creativity
    D) Make Intellectual Property Your Business
    View Answer
      Option C
    Explanation:
    World Intellectual Property Day is observed annually on 26 April. Theme of World Intellectual Property Day 2018: Powering change: Women in innovation and creativity.
  8. Which country has topped the Hurun’s Global Rich List 2018?
    A) United States
    B) China
    C) Germany
    D) Russia
    View Answer
      Option B
    Explanation:
    With 31 new Indians on the list, India comes third after China and USA on Hurun’s Global Rich List 2018. 
  9. The State Bank of India has announced to set up its first Global NRI Centre (GNC) in which of the following cities?
    A) Kochi
    B) Hyderabad
    C) Bengaluru
    D) Manipal
    View Answer
      Option A
    Explanation:
    State Bank of India launched its Global NRI Centre (GNC) in Kochi, Kerala, a one-stop customer service point for all NRI banking-related activities. To further enhance the service experience for NRIs, the bank also launched other services such as wealth management, SBI Intelligent Assist, free post-box, and remittance facility for US-based customers.
  10. Which among the following institutions will financially assist the government of Himachal Pradesh to develop the Suketi Fossil Park in an effort to enhance tourism in the state?
    A) International Monetary Fund
    B) World Bank
    C) Asian Development Bank
    D) Asian Infrastructure Investment Bank
    View Answer
      Option C
    Explanation:
    Himachal Pradesh Chief Minister Jai Ram Thakur announced that the Suketi Fossil Park in Sirmaur district will be developed through Asian Development Bank (ADB) assistance. The government is also open to private investment for the development of the part located near Nahan town.
  11. Name the app launched specially for TB patients on the World TB Day with diet plan to provide them nutritional information
    A) A- TB
    B) T- TB
    C) D- TB
    D) N- TB
    View Answer
      Option D
    Explanation:
    N-TB, an app for TB patients, was launched on March 24, World Tuberculosis Day. The app was developed by Dr. Anurag Bhargava, a professor of Yenepoya University, Mangaluru. The app is specially designed for TB patients to provide them nutritional information. N- TB asks for specific details such as the height and weight of a person and then gives information about their health status based on the calculated BMI.
  12. The Umiam Lake is located in which state?
    A) Meghalaya
    B) Odisha
    C) Kerala
    D) Assam
    View Answer
      Option A
    Explanation:
    Umiam Lake (also known as Bara Pani) is a reservoir located in the hills 15 km to the North of Shillong in the state of Meghalaya, India. It was created by damming the Umiam river in the early 1960s.
  13. The nuclear-capable medium range missile Prithvi – II of the Indian Army is _________ type of missile
    A) surface to air
    B) surface to surface
    C) air to surface
    D) air to air
    View Answer
      Option B
    Explanation:
    India successfully test-fired nuclear-capable medium range surface to surface missile Prithvi-II off the Odisha coast. Prithvi-II, which has a strike range of 350 km, is capable of carrying 500-1,000 kg of warheads and is thrusted by liquid propulsion twin engines.
  14. Commercial Papers can be issued in denominations of Rs.__________ lakh or multiples thereof.
    A) Rs 4 lakhs
    B) Rs 2 lakhs
    C) Rs 5 lakhs
    D) Rs 1 lakh
    View Answer
      Option C
    Explanation:
    CP can be issued in denominations of Rs.5 lakh or multiples thereof.
  15. The HRD Ministry has formed a committee to suggest measures of reducing the fear of mathematics amongst the students. Who will head the panel?
    A) Kunwar Vijay Shah
    B) Dinesh Sharma
    C) Krishna Nandan Prasad Verma
    D) Bhupendrasinh Chudasama
    View Answer
      Option D
    Explanation:
    Human Resource Development Ministry constituted the committee under the Chairmanship of Gujarat Education Minister Shri Bhupendrasinh Chudasama to suggest the ways to make the math subject easy. This decision was taken on the basis of National Assessment Survey to eliminate the fear of maths among the students. Also, eminent educationists and senior officials will be the part of this committee.
  16. Identify wrong statement regarding deposit insurance and credit guarantee corporation (DICGC).
    A) Primary cooperative societies are not insured by the DICGC
    B) DICGC insures deposits of foreign Governments
    C) Each depositor in a bank is insured upto a maximum of Rs.1,00,000
    D) The deposit insurance scheme is compulsory and no bank can withdraw from it.
    View Answer
      Option B
    Explanation:
    The DICGC insures all deposits such as savings, fixed, current, recurring, etc. except the following types of deposits.
    (i)  Deposits of foreign Governments;
    (ii) Deposits of Central/State Governments;
    (iii)Inter-bank deposits;
    (iv) Deposits of the State Land Development Banks with the State co-operative bank;
    (v) Any amount due on account of any deposit received outside India
    (vi) Any amount, which has been specifically exempted by the corporation with the previous approval of Reserve Bank of India.
  17. Who among the following has won the 2018 Australian Grand Prix?
    A) Fernando Alonso
    B) Lewis Hamilton
    C) Kimi Raikkonen
    D) Sebastian Vettel
    View Answer
      Option D
    Explanation:
    Ferrari’s German driver Sebastian Vettel won the F1 season’s opening Grand Prix and overall his third Australian Grand Prix title in Melbourne. Defending F1 champion Mercedes’ British driver Lewis Hamilton, who had begun the race at the pole position, came second ahead of Ferrari’s Kimi Raikkonen.
  18. The Subarnarekha Hydro Electric Power Plant is located in________
    A) Madhya Pradesh
    B) Bihar
    C) Jharkhand
    D) Assam
    View Answer
      Option C
  19. Which bank has launched India’s first social media based cross border remittance facility named Social Pay for NRIs?
    A) ICICI Bank
    B) Federal Bank
    C) Axis Bank
    D) Yes Bank
    View Answer
      Option A
    Explanation:
    ICICI Bank has launched a cross-border remittance facility that can be used by NRIs for sending money to their friends and family in India through social media like WhatsApp and e-mail. Christened ‘Social Pay’, a sender needs to register on the remittance service application Money2India to transfer money to someone in India.
  20. Who among the following is the promoter of North East Small Finance Bank?
    A) Rashtriya Kshetra Dharmasthala Rural Development Project– North East
    B) Swadhaar FinServe Pvt Ltd– North East
    C) Grameen Financial Services Pvt Ltd– North East
    D) Rashtriya Gramin Vikas Nidhi Microfinance Limited– North East
    View Answer
      Option D
    Explanation:
    North East Small Finance Bank started its operations in October 2017, with Rashtriya Gramin Vikas Nidhi Microfinance Limited– North East (RGVNML – NE) as promoter

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