GA Revision for SBI PO/Clerk, RBI Grade B — Set 147

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. As per Moody’s, the revised growth forecast for India for the year 2018 is ______ percent.
    A) 7.4%
    B) 7.6%
    C) 7.5%
    D) 7.3%
    View Answer
      Option D
    Explanation:
    International agency Moody’s Investor Services has cut India’s growth forecast to 7.3 percent from the previous 7.5 percent for calendar year 2018. However, it has maintained the estimate for 2019 at 7.5 percent’.
  2. Which city will host the 2018 G20 Summit?
    A) Buenos Aires
    B) Osaka
    C) Hamburg
    D) Hangzhou
    View Answer
      Option A
    Explanation:
    The 2018 G20 Buenos Aires summit will be the thirteenth meeting of Group of Twenty (G20). It will be held in 2018 in the city of Buenos Aires (Argentina). It will be the first-ever G20 summit to be hosted in South America.
  3. The ‘Go to Village’ mission has been developed by which state to bring inclusive development in the state?
    A) Assam
    B) Manipur
    C) Arunachal Pradesh
    D) Sikkim
    View Answer
      Option B
    Explanation:
    Manipur Chief Minister N. Biren Singh launched ‘Go to Village’ mission throughout the state from Konuma ground. The mission is aimed at identifying the eligible and deserving beneficiaries in every corner of the state and delivering government services at their doorstep. The mission was launched on Tuesday in 60 villages of all the 60 Assembly constituencies.
  4. The Adani Foundation has recently partnered with ‘Room to Read’ to implement the project named_______ for setting up of interactive libraries in 50 government schools.
    A) Nirmaan
    B) Vridhhi
    C) Utthan
    D) Uday
    View Answer
      Option C
    Explanation:
    Adani Foundation has partnered with ‘Room to Read’ to implement the project ‘Utthan’. The project was formally inaugurated on April 21, 2018, at Bhat Primary School, Bhat, Gandhinagar. This project aims at setting up of interactive libraries in 50 government schools, with an aim to develop the habit of reading among children of classes 1 to 5.
  5. What is the minimum value of stock of gold coins, bullion and foreign securities, which RBI has to maintain at any point of time?
    A) Rs. 200 cr
    B) Rs. 215 cr
    C) Rs. 115 cr
    D) Rs. 500 cr
    View Answer
      Option C
  6. Who among the following has been appointed as the new President of Confederation of Indian Industry (CII)?
    A) Rakesh Bharti Mittal
    B) Shobana Kamineni
    C) Gopal Vittal
    D) Uday Kotak
    View Answer
      Option A
    Explanation:
    Industry chamber Confederation of Indian Industry (CII) has appointed Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises as its new President.
  7. According to HR service provider Randstad’s Employer Brand Research (REBR) 2018, the most attractive employer brand in India is?
    A) Microsoft India
    B) Amazon India
    C) Hindustan Unilever
    D) IBM India
    View Answer
      Option A
    Explanation:
    Technology giant Microsoft India has been declared the most attractive employer brand, followed by e-commerce giant Amazon India. The winners were named by HR service provider Randstad’s Employer Brand Research (REBR) 2018.
  8. The Government of India has recently approved to set up a Plastic Park in which of the following states?
    A) West Bengal
    B) Maharashtra
    C) Madhya Pradesh
    D) Jharkhand
    View Answer
      Option D
    Explanation:
    Centre has approved to set up a plastic park in Deoghar district of Jharkhand. The park is being set up at an estimated cost of 120 crore rupees and is spread over 150 acres of land.
  9. Which of the following does not match?
    A) Green Revolution- Rice & Wheat Production
    B) Yellow Revolution- Oil Seed Production
    C) Blue Revolution- Fish Production
    D) White Revolution- Cotton Production
    View Answer
      Option D
    Explanation:
    White Revolution is related with Dairy, Milk Production
  10. The President of India Ram Nath Kovind has been honored with the “Condecoracion” which is the highest civilian award of which country?
    A) Equatorial Guinea
    B) Dominican Republic
    C) Saint Lucia
    D) Trinidad and Tobago
    View Answer
      Option A
    Explanation:
    President Ram Nath Kovind was conferred with the Condecoracion, the highest honour accorded to a non-citizen by the government of Equatorial Guinea while his visit there. President Kovind was bestowed with the medal of the Gran Colar de la Independencia by his counterpart Teodoro Obiang Nguema Mbasogo, for his contribution to the cause of development, security and world peace.
  11. The Nameri National Park is located in which state?
    A) Rajasthan
    B) Haryana
    C) Madhya Pradesh
    D) Assam
    View Answer
      Option D
    Explanation:
    Nameri National Park is a national park in the foothills of the eastern Himalayas in the Sonitpur District of Assam, India, about 35 km from Tezpur
  12. Which of the following committees did recommend 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. Its main recommendations related to norms for inventory and receivables, the approach to lending, style of credit, follow ups & information system.
  13. The Jana Small Finance Bank started commencement of banking operations after an year of receiving final license from RBI. The bank is located in which state?
    A) West Bengal
    B) Telangana
    C) Karnataka
    D) Andhra Pradesh
    View Answer
      Option C
    Explanation:
    Jana Small Finance Bank has finally commenced operations after a year of receiving final license from Reserve Bank of India. The bank plans to foray into affordable housing loans and consumer durable loans while it will continue with focus on microfinance. The bank has its headquarters in Bengaluru, Karnataka.
  14. The British era ‘Bantony Castle Estate’ is located in which of the following states?
    A) Gujarat
    B) Himachal Pradesh
    C) Rajasthan
    D) Maharashtra
    View Answer
      Option B
    Explanation:
    The Himachal Pradesh government will spend Rs 25 crore on renovating and developing the historic British Raj ‘Bantony Castle Estate’ as a major tourist attraction. The castle was one of the historic and monumental buildings of Shimla town with a very rich history.
  15. R K Dorendra Singh who passed away recently was former Chief Minister of which state?
    A) Assam
    B) Manipur
    C) Arunachal Pradesh
    D) Mizoram
    View Answer
      Option B
    Explanation:
    Former Manipur Chief Minister R K Dorendra Singh has passed away at the age of 83. Dorendra Singh had been chief minister of the state four times between 1974 to 1993.
  16. Who has been appointed as the Deputy Election Commissioner of India recently?
    A) Anurag Agarwal
    B) Chandra Bhushan Kumar
    C) Ritvik Ranjanam Pandey
    D) Mukul Ratra
    View Answer
      Option B
    Explanation:
    Senior bureaucrat Chandra Bhushan Kumar has been appointed as Deputy Election Commissioner as part of a major bureaucratic reshuffle by the government.
  17. What is the minimum amount of capital that an Asset Reconstruction Company (ARC) should have as per RBI directives?
    A) Rs 100 crore
    B) Rs 125 crore
    C) Rs 150 crore
    D) Rs 200 crore
    View Answer
      Option A 
  18. The La Reunion Island is situated in which country?
    A) France
    B) India
    C) Russia
    D) Singapore
    View Answer
      Option A
  19. Who has been sworn in as the new Prime Minister of Barbados?
    A) Sandra Mason
    B) Errol Barrow
    C) Owen Arthur
    D) Mia Mottley
    View Answer
      Option D
    Explanation:
    The Caribbean island of Barbados has elected its first woman prime minister since gaining independence from Britain in 1966. Mia Mottley led her Barbados Labour Party (BLP) won all 30 seats to gain victory over the Democratic Labour Party (DLP) and grab the House of AssemblyWith this, Ms Mottley, a 52-year-old lawyer, becomes Barbados’ eighth Prime Minister.  
  20. Minimum number of directors in a public limited company is_____________
    A) 4
    B) 3
    C) 5
    D) 7
    View Answer
      Option B
    Explanation:
    The 1956 Act prescribed minimum 2 directors for a private and 3 for a public company respectively to constitute a Board. 

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