GA Revision for Bank of India, RBI Grade B, SBI PO/Clerk — Set 128

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. According to Deutsche Bank, Indian economy is likely to grow at __________ percent in 2018-19.
    A) 7.6%
    B) 7.4%
    C) 7.3%
    D) 7.5%
    View Answer
      Option D
    Explanation:
    The Indian economy is witnessing a “cyclical upswing” and the country is likely clock a GDP growth of 7.5 per cent this financial year, says a Deutsche Bank research report.
  2. The headquarter of the SME Rating Agency of India Ltd (SMERA) is located in which city?
    A) New Delhi
    B) Mumbai
    C) Pune
    D) Hyderabad
    View Answer
      Option B
    Explanation:
    SMERA Ratings Ltd is a full service credit rating agency exclusively set up for micro, small and medium enterprises in India and has grown to rate SME, mid & large corporate.
  3. Who among the given has been conferred with the 2018 G.K. Reddy Memorial National Award for excellence in journalism?
    A) Karan Thapar
    B) Vikram Chandra
    C) Ravish Kumar
    D) Rajat Sharma
    View Answer
      Option A
    Explanation:
    Former Prime Minister Manmohan Singh presented the G.K. Reddy Memorial National Award for journalism to senior journalist and television presenter Karan Thapar.
  4. The Sultan Azlan Shah Cup is associated with which sports?
    A) Lawn Tennis
    B) Cricket
    C) Football
    D) Hockey
    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.
  5. According to World Bank’s Global Findex Report, 2017, the number of account holders in India has risen from 35 percent of the adults in 2011 to _______ percent in 2017.
    A) 55%
    B) 75%
    C) 80%
    D) 90%
    View Answer
      Option C
    Explanation:
    The Global Findex Report, 2017 released by the World Bank showed that number of account holders in the country has risen from 35 percent of the adults in 2011 and 53 percent in 2014 to 80 percent in 2017. The report states that about 51.4 crore accounts have been opened globally from 2014 to 2017. Among MUDRA loan beneficiaries, women account for almost 75 percent.At 48%, India tops in bank users with inactive accounts.
  6. How much loan amount has been approved by AIIB for infrastructure-related projects of India for 2018?
    A) $ 2.5 billion
    B) $ 1 billion
    C) $ 2 billion
    D) $ 1.5 billion
    View Answer
      Option D
    Explanation:
    Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018.
  7. Which city has topped the 2018 Travellers’ Choice awards for Destinations list?
    A) Rome
    B) Paris
    C) London
    D) Bali
    View Answer
      Option B
    Explanation:
     Paris in France topped the list of Travellers’ Choice awards for Destinations followed by London (UK), Rome (Italy), Bali (Indonesia), Crete (Greece). New Delhi has been ranked 22nd in the world and eighth in Asia in the top destination for 2018, Travellers’ Choice awards for Destinations by TripAdvisor.
  8. Monopoly market system is characterized by____________
    A) There are an infinite number of buyers and sellers making it impossible for any one participant to alter the prevailing price in the market.
    B) Atleast a handful of producers make up a dominant majority of the production in the market system.
    C) Single seller of a particular good or service with the power of being the market controller as well as the price maker
    D) None of the above is true
    View Answer
      Option C
    Explanation:
    A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity. A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.
  9. What percent of reservation has been announced by the government of Telangana for sportsperson in state Government jobs in a bid to enhance sports infrastructure?
    A) 2%
    B) 3%
    C) 4%
    D) 5%
    View Answer
      Option A
    Explanation:
     In a major boost to sports infrastructure in Telangana, Chief Minister K Chandrashekhar Rao has announced 2 percent reservation in state government jobs for sportspersons. India ended their campaign at the Commonwealth Games with a medal haul of 66, including 26 gold, 20 silver and 20 bronze on April 15.
  10. What is the capital of Mongolia?
    A) Ulaanbaatar
    B) Rabat
    C) Maputo
    D) Monaco
    View Answer
      Option A
    Explanation:
    Currency – Tugrik
  11. How much amount has been fixed by the Government of India as agriculture credit target for the fiscal year 2018-19?
    A) Rs 11 lakh
    B) Rs 9 lakh
    C) Rs 12 lakh
    D) Rs 10 lakh
    View Answer
      Option A
    Explanation:
    The government has fixed the agriculture credit target of 11 lakh crore rupees for the year 2018-19 against last year’s target of 10 lakh crore rupees.
  12. Which state government has announced a new health policy to make vaccination certificate mandatory for school admission from next session?
    A) Karnataka
    B) Andhra Pradesh
    C) Tamil Nadu
    D) Kerala
    View Answer
      Option D
    Explanation:
    Kerala Government has made vaccination compulsory for school admissions from next academic year onwards. Parents will have to show details of shots given to children at the time of enrolment in schools. The move comes in the wake of stiff opposition from certain communities against the vaccination drive.
  13. How many MoUs were signed between India and Russia during the 3rd India-Russia Military Industrial Conference held on the side-lines of DefExpo 2018?
    A) 7
    B) 5
    C) 4
    D) 9
    View Answer
      Option A
    Explanation:
    The third India-Russia Military Industrial Conference was held on the side-lines of DefExpo 2018 at Thiruvidanthai, Kancheepuram district on the East Coast Road near Chennai. Seven MoUs were signed between Indian and Russian companies for indigenous manufacturing of spare parts, wrapping up the deliberations on the aftersales services and spare parts availability for defence equipment that India bought from Russia.
  14. Which section of the Banking Regulation Act 1949 prevents any company other than banking companies to make use of the word bank”, “banking” or “banking company?
    A) Section 4
    B) Section 9
    C) Section 7
    D) Section 11
    View Answer
      Option C
    Explanation:
    According to Section 7 of the Banking Regulation Act 1949, No firm, individual or group of individuals shall, for the purpose of carrying on any business, use as part of its or his name any of the words “bank”, “banking” or “banking company”.
  15. Pratim Chatterjee who died recently was former minister of which state?
    A) West Bengal
    B) Chhattisgarh
    C) Uttar Pradesh
    D) Odisha
    View Answer
      Option A
    Explanation:
    Former West Bengal minister Pratim Chatterjee, who held the Fire Services portfolio for 15 years till 2011 during the Left Front regime, has passed away.
  16. Margamkali is the folk dance of which of the following states?
    A) Karnataka
    B) Rajasthan
    C) Himachal Pradesh
    D) Kerala
    View Answer
      Option D
    Explanation:
    Margamkali is an Indian group dance originating from Kerala
  17. When is the National Maritime Day observed in India?
    A) April 5
    B) March 3
    C) February 9
    D) January 11
    View Answer
      Option A
    Explanation: 
    April 5 is celebrated as the National Maritime Day in India every year. It was on this day 99 years ago in 1919 when the country’s navigation history set sail with SS Loyalty, the first ship of the Scindia Steam Navigation Company Ltd started for the United Kingdom from Mumbai (then British Bombay).  The theme of the National Maritime Day in 2018 is ‘Indian Shipping – An Ocean of opportunity’.
  18. What does M stands for in QSAM, which is related to Aadhaar Number?
    A) Mandatory
    B) Merger
    C) Mapper
    D) Migrate Mapper
    View Answer
      Option C
    Explanation:
    Query Service on Aadhaar Mapper
  19. Which country hosted the 2018 World Ocean Summit?
    A) Argentina
    B) Germany
    C) Spain
    D) Mexico
    View Answer
      Option D
    Explanation:
    The fifth World Ocean Summit was held at Riviera Maya, Mexico. It’s a chance for business, government and environmental leaders to talk about the problems facing the world’s seas and to come up with solutions to protect the planet’s vast ocean resources.
  20. Which of the following is not a major component of Market Risk?
    A) Interest rate risk
    B) Credit risk
    C) Equity risk
    D) Foreign exchange risk
    View Answer
      Option B
    Explanation:
    The major components of Market risk are::
    Interest rate risk
    Equity risk
    Foreign exchange risk
    Commodity risk

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