GA Revision for SBI PO/Clerk, RBI Grade B — Set 146

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. Under notice money market, the funds are transacted by banks for_____________
    A) 1 Day
    B) Overnight
    C) 2 to 14 Days
    D) 15 Days and Above
    View Answer
      Option C
    Explanation:
    If money is borrowed or lend for period between 2 days and 14 days it is known as Notice Money.
  2. The Cabinet has approved to restructure the Multi-sectoral Development Programme (MsDP) for the remaining period of the 14th Finance Commission. The progarmme has been renamed as___________
    A) Pradhan Mantri Jeev Vikas Karyakram
    B) Pradhan Mantri Janta Vikas Karyakram
    C) Pradhan Mantri Jeevan Viskas Karyakram
    D) Pradhan Mantri Jan Vikas Karyakram
    View Answer
      Option D
    Explanation:
    The Cabinet Committee on Economic Affairs has approved the proposal for renaming and restructuring of Multi-sectoral Development Programme (MsDP) as Pradhan Mantri Jan Vikas Karyakram (PMJVK). CCEA has also approved its continuation during the remaining period of the 14th Finance Commission.
  3. IndusInd Bank Limited is headquartered at ________
    A) Mumbai
    B) Delhi
    C) Chennai
    D) Kolkata
    View Answer
      Option A
    Explanation:
    The bank began its operations on 17th April 1994 under the chairmanship of S.P. Hinduja. Mr. Ramesh Sobti has joined the bank as Managing Director and CEO.
  4. Which among the following platforms has been launched by the Commonwealth Heads of Government recently to boost digital education skills among students and teachers?
    A) C-DELTA
    B) CHOGM
    C) C-ODES
    D) SKILLS
    View Answer
      Option A
    Explanation:
    Commonwealth Heads of Government has launched an online platform named Commonwealth Digital Education Leadership Training in Action (C-DELTA) to create an enabling environment and culture of lifelong learning. 
  5. Name the newly appointed President of the New York Stock Exchange (NYSE).
    A) Jeffrey Sprecher
    B) Stacey Cunningham
    C) Marissa Mayer
    D) Meg Whitman
    View Answer
      Option B
    Explanation:
    The New York Stock Exchange (NYSE) has named Stacey Cunningham its first female chief in the history of the 226-year-old exchange.
  6. What does IDRBT stands for in banking?
    A) Institute for Development and Research in Banking Technology
    B) Institute for Development and Research in Business Technology
    C) Institution for Development and Research in Banking Technology
    D) Institute for Development and Rural Banking Technology
    View Answer
      Option A
    Explanation:
    The Institute for Development & Research in Banking Technology is a unique institution exclusively focused on Banking Technology. Established by the Reserve Bank of India in 1996, the Institution works at the intersection of Banking and Technology. 
  7. Mobile App ‘Uzhavan’ has been launched by which state government to use technology for the benefit of the farmers of the state?
    A) Odisha
    B) Andhra Pradesh
    C) Karnataka
    D) Tamil Nadu
    View Answer
      Option D
    Explanation:
    In a bid to use technology for farmers’ benefit, the Tamil Nadu Government has come out with a bi-lingual mobile application ‘Uzhavan’ (farmer) that will allow ryots to have access to nine types of services, including details about their crop insurance.
  8. Corpat is bilateral Navy training exercise between India and __________
    A) Indonesia
    B) Thailand
    C) Sri Lanka
    D) Australia
    View Answer
      Option A
    Explanation:
    Army exercise: Garuda Shakti
  9. Kidambi Srikanth has recently been appointed as the Deputy Collector of which state?
    A) Maharashtra
    B) Andhra Pradesh
    C) Tamil Nadu
    D) Kerala
    View Answer
      Option B
    Explanation:
    Ace Indian shuttler Kidambi Srikanth has been appointed as a Deputy Collector by the Andhra Pradesh government.
  10. The maiden meeting of the “NITI Forum for North East” was held in which state?
    A) Tripura
    B) Mizoram
    C) Assam
    D) Meghalaya
    View Answer
      Option A
    Explanation:
    The first meeting of the newly constituted ‘NITI Forum for North East’ was held in Agartala, Tripura. The meeting was organized by the NITI Aayog, Ministry of DoNER and the North Eastern Council (NEC)
  11. Who among the given has won the 2018 Abel Prize?
    A) Louis Nirenberg
    B) Andrew Wiles
    C) Yves Meyer
    D) Robert Langlands
    View Answer
      Option D
    Explanation:
    Canadian mathematician Robert Langlands won the prestigious Abel Prize for developing a programme connecting representation theory to number theory.
  12. Bombay stock exchange index ‘Sensex’ is based on the value of top______ blue chip shares.
    A) 10
    B) 20
    C) 30
    D) 50
    View Answer
      Option C
    Explanation:
    The Bombay Stock Exchange also called the BSE 30 or simply the SENSEX, is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange.
  13. Miro Cerar recently resigned from the post of the Prime Minister of which country?
    A) Croatia
    B) Slovenia
    C) Hungary
    D) Austria
    View Answer
      Option B
    Explanation:
    Slovenian Prime Minister Miro Cerar has resigned, hours after the Supreme Court annulled the result of a September referendum that approved a 1-billion-euro railway project, the centre-left government’s biggest investment programme.
  14. The first-ever Mock Exercise of National Disaster Management Authority (NDMA) on Bio-Disasters took place at which of the following airports?
    A) Sardar Vallabhbhai Patel International Airport
    B) Indira Gandhi International Airport
    C) Lok Nayak Jayaprakash Airport
    D) Netaji Subhas Chandra Bose International Airport
    View Answer
      Option C
    Explanation:
    The National Disaster Management Authority (NDMA) conducted its first-ever Mock Exercise on Bio-Disasters at the Lok Nayak Jayaprakash Airport in Patna. A five-day Day training programme, aimed at enhancing the preparedness of Airport Emergency Handlers (AEHs) to respond to CBRN emergencies at the airports.
  15. In a move to have better coordination between the environment ministry and the Animal Welfare Board of India (AWBI) , the headquarter of the board has been shifted from Chennai to ____________
    A) Agra, Uttar Pradesh
    B) Ballabhgarh, Haryana
    C) Indore, Madhya Pradesh
    D) Panchkula, Haryana
    View Answer
      Option B
    Explanation:
    The headquarters of the Animal Welfare Board of India (AWBI) has been shifted from Chennai to Haryana’s Ballabhgarh for “better coordination” between the environment ministry and the the board.
  16. What is the present Foreign Direct Investment (FDI) limit in Petroleum and Natural Gas Sector?
    A) 49%
    B) 100 %
    C) 74%
    D) 26%
    View Answer
      Option A
  17. Which among the following states has become the first state of India to launch a digital platform named Nivesh Mitra aimed to clear projects digitally?
    A) Uttar Pradesh
    B) Gujarat
    C) Karnataka
    D) Haryana
    View Answer
      Option A
    Explanation:
    UP has become the first state in the country where projects can now be cleared digitally, without any human interface. The digital platform, a single-window system called Nivesh Mitra, was launched by Prime Minister Narendra Modi during the inauguration session of the UP Investors’ Summit. Nivesh Mitra will now allow investors to apply for project clearances online.
  18. The Asirgarh Fort is located in which state?
    A) Himachal Pradesh
    B) Punjab
    C) Gujarat
    D) Madhya Pradesh
    View Answer
      Option D
    Explanation:
    Asirgarh Fort is an Indian fortress (qila) situated in the Satpura Range about 20 kilometres (12 mi) north of the city of Burhanpur, in the Indian state of Madhya Pradesh. 
  19. In the Budget 2018, Finance Minister has announced to keep the Minimum support price (MSP) for the all unannounced crops of kharif at- least at _____ times of their production cost.
    A) 1.5
    B) 1
    C) 2
    D) 2.5
    View Answer
      Option A
    Explanation:
    Government has declared Minimum support price (MSP) for the majority of rabi crops at least at 1.5 times the cost involved and MSP for the all unannounced crops of kharif at least at 1.5 times of their production cost.
  20. What is the maturity period of treasury bills issued by Government of India?
    A) 14 & 91 days
    B) 91 & 182 days
    C) 14 & 182 days
    D) 91, 182 & 364 days
    View Answer
      Option D
    Explanation:
    Treasury bills are short term debt instruments issusd for 91 , 182, 364 days only by the Central govt(not state govt) to meet its borrowing needs. It is issued on auction basis. They are issued on discount on face value, while the holder gets the face value on maturity.

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