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.
- Identify the wrong option.
A) Vice President M Venkaiah Naidu was recently on 3 nation visit to Guatemala, Panama and Peru.
B) India has signed loan agreement worth 200 million dollar with the World Bank for the National Nutrition Mission, POSHAN Abhiyaan.
C) India’s tallest National Flag will be unfurled in Manipur under the Smart City Mission.
D) Shabana Azmi has been nominated as the Global Leadership Ambassador for Women in Public Service Project (WPSP)
View Answer
Option C
Explanation: In Assam, 97.3 meter tall national flag, the tallest in the country – will be installed in Guwahati under Smart City Mission
- OTC Trading is a method of trading that does not involve a regulated market and instead the participants trade directly with each other through phones or digital links. What does OTC stands for?
A) On The Counter
B) Over The Counter
C) Off The Counter
D) Operational Through Counter
- The NCBN App has been launched by which state to implement effective governance in the state?
A) Haryana
B) Gujarat
C) Maharashtra
D) Andhra Pradesh
View Answer
Option D
Explanation: In order to implement effective governance in the state, Andhra Pradesh Chief Minister Chandrababu Naidu launched the official ‘NCBN’ (Nara Chandrababu Naidu) App.The mobile application will notify people in real-time with news updates and will also act as a direct platform for the common people to interact with the government.
- Unstoppable: My Life So Far is a book written by ____________
A) Ricky Ponting
B) Sania Mirza
C) Maria Sharapova
D) Carolina Marin
- Carlos Alvarado has been appointed as the new President of which country?
A) Costa Rica
B) Chile
C) Peru
D) Venezuela
View Answer
Option A
Explanation: Journalist Carlos Alvarado has been sworn in as 48th President of Costa Rica. At 39, Alvarado is the country’s youngest president in modern history. Alvarado, who won the second round of the presidential election on April 1, received the presidential sash from his predecessor, Luis Guillermo Solis.
- Which among the following section of the respective Act is related to maintenance of CRR by banks?
A) Section 42 of RBI Act 1934
B) Section 42 of BR Act 1949
C) Section 42(1) of RBI Act 1934
D) Section 42 of Negotiable Instrument Act
View Answer
Option C
Explanation: In terms of Section 42 (1) of the Reserve Bank of India Act, 1934 the Reserve Bank having regard to the needs of securing the monetary stability in the country, prescribes the CRR for SCBs without any floor or ceiling rate.
- Who has achieved the top spot in the list of World’s Most Powerful People 2018 by Forbes?
A) Vladimir Putin
B) Donald Trump
C) Xi Jinping
D) Narendra Modi
View Answer
Option C
Explanation: Forbes “The World’s Most Powerful People 2018” features Xi Jinping, General Secretary of the Communist Party of China, at the top spot for the first time ever followed by Russian President Vladimir Putin (#2). Only two Indians got place in this list. Top Indian is PM Modi at 9th spot and another is Reliance Industries Chairman Mukesh Ambani at 32nd place in the list.
- After truncation, the paper cheque is kept in the custody of_______________
A) Bank or clearing house that truncated the cheque
B) Paying bank
C) Collecting bank
D) NPCI
- Rythu Bandhu crop investment support scheme has been launched by which state for the benefit of the farmers?
A) Karnataka
B) Tamil Nadu
C) Telangana
D) Odisha
View Answer
Option C
Explanation: The Telangana government has launched a new scheme titled ‘Rythu Bandhu’ in which the farmers in the state will get Rs 8,000 per acre each every year as crop investment support.
- Kanchenjunga Biosphere Reserve is located at__?
A) Sikkim
B) Arunachal Pradesh
C) Tripura
D) Assam
View Answer
Option A
Explanation: Kanchenjunga National Park also Kanchenjunga Biosphere Reserve is a National Park and a Biosphere reserve located in Sikkim
- UK based Anne V. Coates who passed away was a renowned____________
A) Director
B) Actor
C) Film Editor
D) Scriptwriter
View Answer
Option C
Explanation: English-born film editor Anne V. Coates, who won an Academy Award for David Leans classic “Lawrence of Arabia”, is dead. She was 92.
- May 7 2018 marked __________birth anniversary of nation’s first Nobel Award winner Rabindranath Tagore.
A) 157
B) 156
C) 155
D) 154
View Answer
Option A
Explanation: May 7 2018 marks the 157th birth anniversary of India’s first Nobel Award winner Rabindranath Tagore.
- The 6th US-India Aviation Summit took place in which city?
A) Mumbai
B) New Delhi
C) Pune
D) Hyderabad
View Answer
Option A
Explanation: The 6th US-India Aviation Summit was formally inaugurated by Union Minister for Civil Aviation, Suresh Prabhu in Mumbai. The summit is a technical, policy and commercial forum by the Indian Ministry of Civil Aviation and the US Trade and Development Agency.
- Which of the following committees recommended the concept of working capital term loan?
A) Nayak Committee
B) SL Kapoor Committee
C) Tandon Committee
D) Chore Committee
View Answer
Option C
Explanation: In 1974, a study group under the chairmanship of Mr. P. L. Tandon was constituted for framing guidelines for commercial banks for follow-up & supervision of bank credit for ensuring proper end-use of funds. The group submitted its report in August 1975, which came to be popularly known as Tandon Committee Report on Working Capital.
- Who has been awarded the Annual WEF 2018 Awards in ‘Excellent Woman of Excellence’ category?
A) Prakriti Poddar
B) Nisha Bhalla
C) Reshmma Gulati
D) Anuradha Shukla
View Answer
Option B
Explanation: Women Economic Forum (WEF) is the largest global gathering of women entrepreneurs and leaders worldwide. Nisha Bhalla, a 46-year-old holistic coach and consultant from Mumbai was felicitated at the recently concluded Annual WEF 2018 Awards.
- Professional footballer Mohamed Salah plays for which football club?
A) Manchester United
B) Liverpool
C) Real Madrid
D) A.C. Milan
View Answer
Option B
Explanation: Liverpool FC and Egypt national football team’s forward Mohamed Salah won the English Premier League (EPL) Player of the Season award.
- Which country will host the 2018 World Robot Conference?
A) United States
B) India
C) China
D) Russia
View Answer
Option C
Explanation: The 2018 World Robot Conference will be held in Beijing from August 15 to 19.
- Deepika Kumari is related with which sports?
A) Shooting
B) Javelin Throw
C) Badminton
D) Archery
View Answer
Option D
Explanation: Deepika Kumari is an Indian athlete who competes in the event of Archery, is currently ranked World No. 5.
- Identify the correct statement.
A) A 30 member parliamentary panel under Y. V. Subba Reddy has been set up by the government to look into recovery of black money and performance of public sector banks
B) Airtel Money has introduced automatic recurring payments feature ‘My Payments’, to let users pay for periodic recurring expenses automatically.
C) The book titled ‘Across the Bench – Insight into the Indian Military Judicial System’ has been authored by Lt Gen Gyan Bhushan
D) India’s longest road and railway bridge Bogibeel Bridge will connect Guwahati to Itnagar and is likely to be inaugurated by end of this year by Prime Minister Narendra Modi.
View Answer
Option C
Explanation: Bogibeel Bridge will connect Dibrugarh in Assam to Pasighat in Arunachal Pradesh; My Payments has been launched by Paytm and the committee to look into black money recovery and performance of PSBs is headed by Murali Manohar Joshi.
- What is the minimum amount of capital that an Asset Reconstruction Company (ARC) should have as per RBI directives?
A) Rs 100 cr
B) Rs 125 cr
C) Rs 150 cr
D) Rs 200 cr
View Answer
Option A
Explanation: The Reserve Bank has directed that Asset Reconstruction Companies (ARCs) must have a minimum net-owned corpus of Rs 100 crore by March 2019.
