GA Revision for Dena Bank PO, RBI Grade B, SBI PO/Clerk — Set 142

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. What is the revised emoluments for the Vice-President of India in the Budget 2018?
    A) Rs 3 lakhs
    B) Rs 4 lakhs
    C) Rs 5 lakhs
    D) Rs 2 lakhs
    View Answer
      Option B
    Explanation:
    The Budget proposes to revise emoluments to Rs.5 lakh for the President, Rs 4 lakhs for the Vice President and Rs.3.5 lakh per month to Governor. These emoluments were last revised in 2006.
  2. Narrow Money is the term in monetary aggregates which is represented by___
    A) M1
    B) M2
    C) M3
    D) M4
    View Answer
      Option A
    Explanation:
    Narrow money is a colloquial term for the total of a country’s physical currency plus demand deposits and other liquid assets held by the central bank. The economic term for narrow money is M1.
  3. In an effort to prevent bank fraud, the government has made passport detail mandatory for loans above Rs _______ crore.
    A) Rs 75 crore
    B) Rs 25 crore
    C) Rs 50 crore
    D) Rs 10 crore
    View Answer
      Option C
    Explanation:
    Passport details of borrowers taking loans of Rs 50 crore and more have been made mandatory to ensure a swift action in case of fraud and prevent fraudsters from fleeing the country. Passport details will help banks to take timely action and inform the relevant authorities to prevent fraudsters from fleeing the country.
  4. Name the winner of 2018 Rotterdam Open.
    A) Alexander Zverev
    B) Roger Federer
    C) David Goffin
    D) Grigor Dimitrov
    View Answer
      Option B
    Explanation:
    Roger Federer marked his impending return to the top of the world rankings by sweeping aside second seed Grigor Dimitrov in the Rotterdam Open final.
  5. The headquarter of United Nations Industrial Development Organization (UNIDO) is in______
    A) Geneva
    B) Vienna
    C) New York
    D) Washington D.C
    View Answer
      Option B
    Explanation:
    The United Nations Industrial Development Organization (UNIDO), French/Spanish acronym ONUDI, is a specialized agency in the United Nations system, headquartered in Vienna, Austria. 
  6. Veteran politician Khagendra Jamataia who passed away recently served as the minister of which state?
    A) Tripura
    B) Meghalaya
    C) Nagaland
    D) Assam
    View Answer
      Option A
    Explanation:
    Khagendra Jamataia, Tripura Fisheries and Cooperation minister and a CPM contestant in the recent state assembly poll has passed away.
  7. The Gilt-edged market deals in_______
    A) Worn Currency Notes
    B) Bullion and Gold
    C) Govt. Securities
    D) Corporate Bonds
    View Answer
      Option C
    Explanation:
    The gilt-edged market is the market in government securities or the securities guaranteed (as to both principal and interest) by the government.
  8. The Phase 1 of the world’s largest 2000 MW solar park named Shakti Sthala has been unveiled in which state?
    A) Tamil Nadu
    B) Karnataka
    C) Maharashtra
    D) Andhra Pradesh
    View Answer
      Option B
    Explanation:
    The Karnataka government inaugurated the first phase of a 2,000 megawatts (MW) solar park in the drought-prone Pavagada region of Tumkur district, about 180km from Bengaluru. The first phase of the Rs 16,500 crore park called “Shakti Sthala” will generate 600MW, while the balance 1,400MW is expected to be commissioned by the end of this year.
  9. The term  plastic money relates to which of the following:
    A) Credit Card
    B) Prepaid Phone Card
    C) Plastic Sheet Notes
    D) All the Above
    View Answer
      Option A
  10. Name the newly appointed MD & CEO of SBI Life Insurance Co?
    A) Sanjeev Nautiyal
    B) Arijit Basu
    C) Dipak Mazumder
    D) Gopikrishna Shenoy
    View Answer
      Option A
    Explanation:
    SBI Life Insurance Co has announced that Sanjeev Nautiyal has been nominated as its next MD and CEO as the current head Arijit Basu has been posted as Deputy Managing Director of Corporate Accounts Group of parent company SBI.
  11. The Bhadra Wildlife Sanctuary is in ___________
    A) Uttar Pradesh
    B) Madhya Pradesh
    C) Bihar
    D) Karnataka
    View Answer
      Option D
    Explanation:
    Chikkamagaluru town in Karnataka
  12. What is the total budget allocation to NITI Aayog for the year 2018-19?
    A) Rs 279.79 crore
    B) Rs 459.55 crore
    C) Rs 519.19 crore
    D) Rs 339.65 crore
    View Answer
      Option D
    Explanation:
    Allocations for the Ministry of Planning, which is embodied by the NITI Aayog, have increased by more than 20% over last year i.e. to Rs 339.65 crore in 2018-19 from Rs 279.79 crore in 2017-18.
  13. 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.
  14. The Cabinet has approved continuation of Prime Minister’s Employment Generation Programme (PMEGP) beyond 12th Plan for three years from 2017-18 to 2019-20. How much amount has been proposed for the program?
    A) Rs 5,500 crore
    B) Rs 4,000 crore
    C) Rs 3,500 crore
    D) Rs 5,000 crore
    View Answer
      Option A
    Explanation:
    The Cabinet Committee on Economic Affairs chaired by the PM Narendra Modi approved the continuation of Prime Minister’s Employment Generation Programme (PMEGP) beyond 12th Plan for three years from 2017-18 to 2019-20. The program outlay is proposed at Rs.5,500 crore.
  15. What is the maximum ceiling on Foreign Direct Investment (FDI) for investment in the equity of private banks in India?
    A) 25%
    B) 74%
    C) 49%
    D) 51%
    View Answer
      Option B
    Explanation:
    FIIs/FPIs/QFIs can now invest up to sectoral limit of 74% in Banking-Private sector, provided that there is no change of control and management of the investee company.
  16. Which among the following countries has inked a trilateral agreement with India and Bangladesh for the construction of the Rooppur Nuclear Power Plant in Bangladesh?
    A) Russia
    B) Japan
    C) United States
    D) Germany
    View Answer
      Option A
    Explanation:
    Russia, India and Bangladesh signed a trilateral agreement to cooperate in the construction of the Rooppur Nuclear Power Plant in Bangladesh, work on which started late last year.
  17. The ‘InstaOD’- an instant overdraft facility for the Micro, Small and Medium Enterprises (MSME) customers has been launched by which bank?
    A) ICICI Bank
    B) State Bank of India
    C) Bank of Baroda
    D) Axis Bank
    View Answer
      Option A
    Explanation:
    Private banking major ICICI Bank announced the launch of an instant overdraft facility for the Micro, Small and Medium Enterprises (MSME) customers in a completely online and paperless manner. Titled ‘InstaOD’, this first-of-its-kind offering in the Indian banking industry enables a few lakhs of pre-qualified current account customers of the bank to instantly avail the facility without visiting a branch and submitting physical documents.
  18. What does R stands for in ‘MUDRA’ Bank?
    A) Refinance
    B) Revenue
    C) Rates
    D) Regulator
    View Answer
      Option A
    Explanation:
    Micro Units Development and Refinance Agency (MUDRA) Bank is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs.
  19. Identify the incorrect option.
    A) Paytm Payments Bank has partnered with the Mumbai Dabbawala Association to enable them collect instant payments for their Dabba service through Paytm QR.
    B) Madhya Pradesh government has launched a mobile application “Pollution Metre” to spread awareness against pollution
    C) Rohan More is the first Asian as well as the first Indian and youngest person in the world to swim across the Ocean Seven.
    D) The tallest hotel in the world, the 356-metre-high Gevora Hotel, has opened in Singapore.
    View Answer
      Option D
    Explanation:
    The tallest hotel in the world, the 356-metre-high Gevora Hotel, has opened in Dubai.
  20. Singhi Chham is a folk dance of which state?
    A) Sikkim
    B) Bengal
    C) Arunachal Pradesh
    D) Uttarakhand
    View Answer
      Option A
    Explanation:
    Singhi Chham or Kanchendzonga Dance is a dance form in Sikkim whereby the dancers perform in a lion costume that represents the snow lion. 

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