GA Revision for Bank of India, RBI Grade B, SBI PO/Clerk — Set 132

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. TReDS is related to ____ ?
    A) Government Institutions
    B) Public Sector Banks
    C) MSME
    D) Foreign Companies
    View Answer
      Option C
    Explanation:
    TReDS (Trade Receivables Electronic Discounting System) is an online electronic institutional mechanism for facilitating the financing of trade receivables of MSMEs through multiple financiers.
  2. Name the player to attain the top position in the recent ISSF World Rankings in the 10m Air Pistol category?
    A) Om Prakash Mitharval
    B) Jitu Rai
    C) Shahzar Rizvi
    D) Ravi Kumar
    View Answer
      Option C
    Explanation:
    Indian Shooter Shahzar Rizvi clinched top-spot in the latest 10m Air Pistol rankings on Tuesday (May 1) after winning the silver medal at the ISSF World Cup in Changwon, South Korea. The other Indians in the top-10 are Jitu Rai, who is sixth in the charts, and Om Prakash Mitharval, at the 12th spot
  3. Which among the following country’s cricket team has been rewarded with One-Day International (ODI) status for the first time ever in their history?
    A) Bhutan
    B) Nepal
    C) Papua New Guinea
    D) Malaysia
    View Answer
      Option B
    Explanation:
    Nepal have gained ODI status for the first time in their history after defeating Papua New Guinea by six wickets in the Cricket World Cup Qualifier play-off.
  4. The Cabinet has approved setting up of the NFRA as an independent regulator for the auditing profession. What is the full form of NFRA?
    A) National Financial Reporting Authority
    B) National Finance Report Audit
    C) National Financial Regulating Agency
    D) National Fiscal Regulator Authority
    View Answer
      Option A
    Explanation:
    Union Cabinet has approved the establishment of National Financial Reporting Authority (NFRA). NFRA will act as an independent regulator for the auditing profession which was one of the key changes brought in by the Companies Act 2013.
  5. Which among the given is not the function of the Reserve Bank of India.
    A) Regulator and supervisor of the financial system
    B) Facilitate external trade & payment and promote foreign exchange market in India
    C) Issue and exchange currency notes and coins
    D) Provide refinance facilities and short term lending to industries
    View Answer
      Option D
    Explanation:
    Option D is the function of SIDBI
  6. Which among the following won the best picture award at the 90th Academy Awards?
    A) The shape of water
    B) Darkest Hour
    C) Dunkirk
    D) Call me by your name
    View Answer
      Option A
    Explanation:
    Best Picture – “The Shape of Water”
  7. Which bank launched First RuPay ATM & Micro ATM Card with Aadhaar Number?
    A) State Bank of India
    B) HDFC Bank
    C) Bank of India
    D) ICICI Bank
    View Answer
      Option C
  8. The first ever Taiwan Expo is being organised in which Indian city by the Taiwan External Trade Development Council (TAITRA) in May 2018?
    A) Hyderabad
    B) New Delhi
    C) Bengaluru
    D) Pune
    View Answer
      Option B
    Explanation:
    Taiwan will host its first-ever promotional event – Taiwan Expo –in India in May as announced by Taiwan External Trade Development Council (TAITRA). The private sector body TAITRA has three existing offices in India — in Kolkata, Mumbai and Chennai.
  9. 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.
  10. In 2006 United Western Bank Ltd. was merged with which bank?
    A) ICICI Bank
    B) IDBI Bank
    C) HDFC Bank
    D) Axis Bank
    View Answer
      Option B
  11. India defeated which country to clinch the Nidahas Cricket Trophy 2018?
    A) England
    B) Sri Lanka
    C) Bangladesh
    D) Australia
    View Answer
      Option C
    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.
  12. Elephant Festival is an important folk festival of India organized by which city of India?
    A) Jaipur
    B) Bhopal
    C) Kolkata
    D) Kochi
    View Answer
      Option A
    Explanation:
    Elephant Festival is a festival celebrated in Jaipur city in Rajasthan state in India. It is held on the day of Holi festival, usually in the month of March. The festival features Elephant polo and Elephant Dance.
  13. Name the scheme launched by the government of Delhi to improve learning levels of children from classes 3 to 9.
    A) Mission Aadhaar
    B) Mission Darpan
    C) Mission Shiksha
    D) Mission Buniyaad
    View Answer
      Option D
    Explanation:
    The Delhi government launched the “Mission Buniyaad” scheme to improve learning levels of children from classes 3 to 9. 
  14. According to the latest ‘Internet Security Threat Report’ by Symantec, what is the rank of India worldwide in the list of most vulnerable country in terms of risk of cyber threat?
    A) First
    B) Second
    C) Third
    D) Fourth
    View Answer
      Option C
    Explanation:
    India emerged as the third most vulnerable country in terms of risk of cyber threats, such as malware, spam and ransomware, in 2017, moving up one place over previous year, according to a report by security solutions provider Symantec.
  15. When is the World Intellectual Property Day (WIPO) observed?
    A) June 12
    B) March 21
    C) February 7
    D) April 26
    View Answer
      Option D
    Explanation:
    World Intellectual Property Day is observed annually on 26 April. The event was established by the World Intellectual Property Organization (WIPO) in 2000 to “raise awareness of how patents, copyright, trademarks and designs impact on daily life”
  16. What is the new interest rate applicable on deposits in Employees’ Provident Fund Organisation (EPFO) for the year 2017-18?
    A) 8.45%
    B) 8.55%
    C) 8.65%
    D) 8.75%
    View Answer
      Option B
    Explanation:
    Retirement fund body Employees’ Provident Fund Organisation (EPFO) has reduced the interest rate on deposits to 8.55% for 2017-18 from 8.65% for 2016-17 following a general decline in interest rates. The move will affect around 6 crore subscribers and leave EPFO with a surplus of Rs 586 crore against Rs 695 crore in the previous financial year.
  17. Applications Supported by Blocked Amount (ASBA) is related to ____ .
    A) Mutual Funds
    B) Fixed Deposits
    C) IPO
    D) ATM cards
    View Answer
      Option C
    Explanation:
    ASBA (Applications Supported by Blocked Amount) is a process developed by the India’s Stock Market Regulator SEBI for applying to IPO. In ASBA, an IPO applicant’s account doesn’t get debited until shares are allotted to them.
  18. What is the theme of the 2018 International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade?
    A) Women and Slavery
    B) Celebrating the Heritage and Culture of the African Diaspora and its Roots
    C) Recognising the Legacy and Contributions of People of African Descent
    D) Remember Slavery: Triumphs and Struggles for Freedom and Equality
    View Answer
      Option D
    Explanation:
    International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is a United Nations international observance designated in 2007 to be marked on 25 March every year. The theme of International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade in 2018 is “Remember Slavery: Triumphs and Struggles for Freedom and Equality”.
  19. HS Prannoy is related with which sports?
    A) Tennis
    B) Badminton
    C) Shooting
    D) Athletics
    View Answer
      Option B
    Explanation:
    Prannoy Haseena Sunil Kumar also known as HS Prannoy is an Indian badminton player and currently trains at the Gopichand Badminton Academy in Hyderabad.
  20. Which state has launched a toll free helpline number under the name 181-Sakhi, to tackle crime against the women?
    A) Haryana
    B) Madhya Pradesh
    C) Assam
    D) Rajasthan
    View Answer
      Option C
    Explanation:
    In the wake of increasing crimes against women, Assam Chief Minister Sarbananda Sonowal launched ‘181-Sakhi’, a toll-free helpline number for women.

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