GA Revision for SBI PO/Clerk, RBI Grade B — Set 148

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 rank of India in 2018 World Competitiveness Ranking by International Institute for Management Development (IMD)?
   A) 44
   B) 32
   C) 28
   D) 51
   
   View Answer

     Option A
   Explanation: India has moved one notch higher, to the 44th place in the 2018 World Competitiveness Ranking compiled by International Institute for Management Development (IMD). It is ranked the 12th most competitive economy out of the 14 Asian countries on the list.The top five most competitive economies in the world in the IMD ranking 2018 includes United States, Hong Kong, Singapore, Netherlands and Switzerland respectively.
2. An entity established or incorporated outside India which proposes to make investment in India and which is registered as such in accordance with the SEBI Regulations is called_____________
   A) Indian Depository Receipt
   B) Foreign Institutional Investor
   C) Foreign Direct Investment
   D) Foreign Currency Convertible Bond
   
   View Answer

     Option B
   Explanation: Foreign Institutional Investor (FII) means an institution established or incorporated outside India which proposes to make investment in securities in India. They are registered as FIIs in accordance with Section 2 (f) of the SEBI (FII) Regulations 1995.
3. When is the International Day of Families observed?
   A) March 3
   B) August 21
   C) June 10
   D) May 15
   
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     Option D
   Explanation: The International Day of Families is observed on the 15th of May every year at the headquarters of United Nations and around the world. Theme for 2018 is “Families and inclusive societies”
4. What is the capital of Georgia?
   A) Accra
   B) Banjul
   C) Tbilisi
   D) Berlin
   
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     Option C
   Explanation: Currency: Georgian lari
5. Payments Banks are allowed to accept which of the following type of deposits?
   A) Recurring deposits
   B) Fixed deposits
   C) Demand deposits
   D) All the above
   
   View Answer

     Option C
6. India observed ___________ birth anniversary of nation’s first Nobel Award winner Rabindranath Tagore on May 7, 2018
   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. He was born in 1861 in Calcutta. Tagore was given a nickname by Mahatma Gandhi and was called Gurudev with love and respect. He contributed in reshaping Bengali literature and played a catalyst in the nationalist movement with his poems and music.
7. Which international body has tied up with NITI Aayog to help prevent any fraud or corruption in Centre’s ambitious Ayushman Bharat Scheme?
   A) Asian Infrastructure Investment Bank (AIIB)
   B) World Bank
   C) Asian Development Bank (ADB)
   D) International Monetary Fund (IMF)
   
   View Answer

     Option B
   Explanation: NITI Aayog seeks World Bank’s help to prevent fraud in healthcare insurance programme. The NITI Aayog has sought the World Bank’s assistance to provide it information and expertise on fraud detection and prevention to ensure no embezzlement of funds takes place in the Centre’s ambitious Ayushman Bharat National Health Protection Mission (AB-NHPM). 
8. Which among the following thermal power plant is located in Jharkhand?
   A) Bhilai Thermal Power Plant
   B) Patrata Thermal Power Station
   C) Chhabra Thermal Power Plant
   D) Khaperkheda Thermal Power Plant
   
   View Answer

     Option B
   Explanation: Patrata Thermal Power Station is a coal-based thermal power plant located near Patratu town in Ramgarh district in the Indian state of Jharkhand. 
9. Who is the winner of the 2018 Bahrain Grand Prix?
   A) Lewis Hamilton
   B) Sebastian Vettel
   C) Fernando Alonso
   D) Nico Hulkenberg
   
   View Answer

     Option B
   Explanation: German Ferrari driver Sebastian Vettel has won the Bahrain Grand Prix, the second race of the 2018 Formula 1 season, for a record of fourth time, two weeks after clinching the Australian GP, strengthening his grip on the top spot in the driver standings.
10. The process in which the demat shares of a public sector undertaking can be converted in to physical shares is called as________
    A) Re-issue of shares
    B) De-materialisation of shares
    C) Re-materialisation of shares
    D) De-mutualisation of shares
    
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      Option C
11. The Ministry of Health and Family Welfare launched NikshayAushadi Portal to facilitate monitoring of universal access to patients of which of the following disease?
    A) Cancer
    B) Tuberculosis
    C) HIV/AIDS
    D) Smallpox
    
    View Answer

      Option B
    Explanation: The Health Secretary Smt. Preeti Sudan, released the TB INDIA 2018 Report and National Drug Resistance Survey Report. She also launched the ‘NikshayAushadi Portal’ and shorter regimen for Drug Resistant TB. She further stated that the global target to end TB is 2030 but India will end it by 2025.
12. The Bank Note Paper Mill India (BNPM) has received green signal to increase the production of bank note paper at its Mysuru unit from 12,000 tonnes per annum (TPA) to _____ TPA.
    A) 15,000
    B) 16,000
    C) 14,000
    D) 18,000
    
    View Answer

      Option B
    Explanation: The government’s Bank Note Paper Mill India (BNPM) has received environment clearance (EC) to increase the production of bank note paper at its Mysuru unit in Karnataka from 12,000 tonnes per annum (TPA) to 16,000 TPA. BNPM is a jont venture of Bharatiya Reserve Bank Note Mudran (BRBNMPL) and Security Printing and Minting Corporation of India (SPMCIL).
13. Which among the given days was observed as Ujjwala Diwas?
    A) February 15, 2018
    B) March 14, 2018
    C) April 20, 2018
    D) May 18, 2018
    
    View Answer

      Option C
    Explanation: The Ministry of Petroleum and Natural Gas (MoPNG) has decided to celebrate April 20, 2018 as the Ujjwala Diwas, as a part of the as a part of the ‘Gram Swaraj Abhiyan’. Around 15000 LPG Panchayats will be organized across the country to promote learning through peer group interaction – ‘Kuch seekhein, Kuch Sikhayein’, on Ujjwala Divas under the aegis of Gram Swaraj Abhiyan.
14. Who has been roped in as the new MD & CEO of the Airtel Payments Bank?
    A) Shashi Arora
    B) Renu Satti
    C) Anubrata Biswas
    D) Rishi Gupta
    
    View Answer

      Option C
    Explanation: Airtel Payments Bank has appointed Anubrata Biswas as its Managing Director and Chief Executive Officer. The appointment comes five months after former CEO and MD Shashi Arora stepped down in December.  
15. The term CBLO in connection with short term market related borrowing stands for____________
    A) Collateralized Banking and Lenders’ Organisation
    B) Common Borrowing and Lending Obligation
    C) Collateralized Borrowing and Lending Obligation
    D) Collateralized Borrowing and Lending Organisation
    
    View Answer

      Option C
16. The Global Findex Report is released by___________
    A) World Economic Forum
    B) International Monetary Fund
    C) World Bank
    D) UNDP
    
    View Answer

      Option C
17. Rangit Dam is located in which of the following states?
    A) Jammu & Kashmir
    B) Sikkim
    C) Assam
    D) Arunachal Pradesh
    
    View Answer

      Option B
    Explanation: Rangit Dam which forms the headworks of the Rangit Hydroelectric Power Project Stage III, is a run-of-the-river power project on the Ranjit River, a major tributary of the Tista River in the South Sikkim district of the Northeastern Indian state of Sikkim
18. Harimau Shakti is a joint military training exercise of Indian Army with which _________?
    A) Myanmar
    B) Bangladesh
    C) Sri Lanka
    D) Malaysia
    
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      Option D
    Explanation: The Indian and Malaysian armies will hold a two-week military exercise beginning April 30 in Malaysia as part of efforts to bolster defence cooperation. The joint exercise ‘Harimau Shakti’ will take place in the dense forests of Sengai Perdik in Hulu Langat district of Malaysia.
19. Who is the author of the book titled “Hidden India”?
    A) Rathika Ramasamy
    B) Latika Nath
    C) Sandesh Kadur
    D) Kalyan Verma
    
    View Answer

      Option B
    Explanation: Wildlife photographer,biologist, conservationist and author Latika Nath has unveiled her book that has photographs of some of her “closest wildlife encounters. The book, titled ‘Hidden India’, is a coffee-table book and part of the proceeds from the book will go to support the Wildlife SOS Elephant Conservation and Care Centre to promote protection of India’s elephants.
20. ESOP is a type of benefit plan which is intended to encourage employees to acquire stocks or ownership in the company. ESOP stands for____________?
    A) Efficient Servicing of Promises
    B) Employees Service Option Projects
    C) Employees Stock Option Plan
    D) Effective System of Projects
    
    View Answer

      Option C

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