GA Revision for SBI PO/Clerk, RBI Grade B — Set 151

GA Revision Questions for RBI Grade B 2018, SBI PO/Clerk 2018, Bank of India, Dena Bank PO 2018, NABARD 2018 and other upcoming exams.

  1. Theng Tunnel has recently been inaugurated in which of the following north eastern states?
    A) Meghalaya
    B) Assam
    C) Sikkim
    D) Tripura
    View Answer
      Option C
    Explanation:
    Minister of State for Defence Subhash Ramrao Bhamre inaugurated 578-metre-long Theng Tunnel in Sikkim. This is the longest tunnel in Sikkim constructed on Gangtok-Chungthang State Highway by the Border Roads Organisation (BRO). The tunnel would provide all-weather connectivity.
  2. The Nizam Sagar Dam is situated in which state?
    A) Telangana
    B) Karnataka
    C) Haryana
    D) Himachal Pradesh
    View Answer
      Option A
    Explanation:
    Nizam Sagar Dam is an Indian dam. It is a reservoir constructed across the Manjira River, a tributary of the Godavari River, between Achampet and BanjePally villages of the Kamareddy district in Telangana.
  3. Which state has announced a financial assistance of Rs 1,000 per quintal for tur and gram farmers whose crops could not be purchased by the state government till May 31.
    A) Madhya Pradesh
    B) Maharashtra
    C) Gujarat
    D) Haryana
    View Answer
      Option B
    Explanation:
    Maharashtra government has announced to provide financial grant of Rs 1,000 per quintal to those farmers whose tur and gram could not be purchased by the administration before the May 31 deadline. The state government had set up tur procurement target of 44.6 lakh quintals. The government will also give a financial aid of 160 crore rupees to farmers whose crops got damaged due to unseasonal rain or hailstorm.
  4. What is the full form of NIM?
    A) National Investment Market
    B) Net Interest Management
    C) Non Income Medium
    D) Net Interest Margin
    View Answer
      Option D
    Explanation:
    Net interest margin or NIM denotes the difference between the interest income earned and the interest paid by a bank or financial institution relative to its interest-earning assets like cash to their lenders.
  5. Who is the head of the panel constituted to study the Special Economic Zones (SEZ) Policy of India?
    A) Ravindra Sannareddy
    B) Baba Kalyani
    C) Neel Raheja
    D) Arun Misra
    View Answer
      Option B
    Explanation:
    The Government of India has constituted a group of eminent persons led by Baba Kalyani, chairman, Bharat Forge, to study the Special Economic Zones (SEZ) Policy of India.
  6. Which country has clinched the 2018 Uber Cup?
    A) China
    B) Thailand
    C) South Korea
    D) Japan
    View Answer
      Option D
    Explanation:
    Japan’s women clinched the Uber Cup, the Women’s World Badminton Championship, defeating Thailand 3-0 in Bangkok, ending a 37-year wait to regain the title.
  7. Mahesh Kumar Jain who has been appointed as the Deputy Governor of RBI has earlier served as the MD and CEO of which bank?
    A) Punjab National Bank
    B) IDBI Bank
    C) Dena Bank
    D) Bank of Baroda
    View Answer
      Option B
    Explanation:
    Mahesh Kumar Jain, former CEO and MD of IDBI Bank, has been appointed as Deputy Governor of the Reserve Bank of India (RBI) for a term of three years. He replaces SS Mundra who completed his three-year term in July 2017
  8. The Darrah National Park is located in which state?
    A) Haryana
    B) Punjab
    C) Rajasthan
    D) Himachal Pradesh
    View Answer
      Option C
    Explanation:
    Darrah National Park is a national park in Rajasthan established in 2004 consisting of three wildlife sanctuaries: Darrah Wildlife Sanctuary, Chambal Wildlife Sanctuary, and Jawahar Sagar Wildlife Sanctuary.
  9. The maiden World Bicycle Day was observed on__________
    A) June 3, 2018
    B) June 10, 2018
    C) May 31, 2018
    D) May 29, 2018
    View Answer
      Option A
    Explanation:
    The first official World Bicycle Day was observed on June 3, 2018. On 12 April 2018, the United Nations (UN) declared June 3 World Bicycle Day. The Day aims to encourage a simple, affordable, reliable, clean and environmentally fit sustainable means of transportation.
  10. Which among the following banks has been renamed as Axis Bank?
    A) Bank of Bengal
    B) Imperial Bank of India
    C) UTI Bank
    D) None of these
    View Answer
      Option C
  11. Name the winner of the 2018 World Press Cartoon Awards in the best caricature category?
    A) Antonio Jorge Gonçalves
    B) Shankar Pamarthy
    C) Ramachandra Babu
    D) Thomas Antony
    View Answer
      Option D
    Explanation:
    Kerala cartoonist Thomas Antony has won the World Press Cartoon Awards in the best caricature category. The 13th edition of the World Press Cartoon awards has 9 winners from eight countries in three continents– Europe, Asia and South America. Antony is the lone cartoonist selected from Asia selected for the prize. He currently works as Executive Artist of Malayalam daily ‘Metro Vaartha.
  12. Where is the Housing and Urban Development Corporation Limited (HUDCO) headquartered?
    A) Mumbai
    B) New Delhi
    C) Hyderabad
    D) Pune
    View Answer
      Option B
    Explanation:
    The Housing and Urban Development Corporation Limited (HUDCO) is a government-owned corporation in India under the administrative control of the Ministry of Housing and Urban Poverty Alleviation. It is mandated with building affordable housing and carrying out urban development. It has been given the status of Miniratna.
  13. Giuseppe Conte has been appointed as the new Prime Minister of which country?
    A) France
    B) Serbia
    C) Spain
    D) Italy
    View Answer
      Option D
    Explanation:
    Giuseppe Conte has been sworn in as Prime Minister of Italy’s new populist government.
  14. Who is the author of the book titled “Hidden India: A Journey to Where the Wild Things Are”?
    A) Latika Nath & Shloka Nath
    B) Durjoy Datta & Aabha Datta
    C) Preeti Shenoy & Vikram Shenoy
    D) Jerry Pinto & Manu Joseph
    View Answer
      Option A
    Explanation: Hidden India: A Journey to Where the Wild Things Are, is a breathtaking new project featuring over 300 photographs by one of India’s foremost conservation ecologist and photographer, Latika Nath, and  writing by journalist, essayist and environmentalist, Shloka Nath.
  15. Amit Khare has been appointed as the Secretary of which among the following Ministries?
    A) Ministry of Labour & Employment
    B) Ministry of Commerce
    C) Ministry of Information & Broadcasting
    D) Ministry of Steel
    View Answer
      Option C
    Explanation:
    Amit Khare, 1985 batch IAS officer of Jharkhand cadre has been appointed as the Information & Broadcasting Secretary. Mr Khare replaced NK Sinha who superannuated on May 31, 2018.
  16. The State Bank of India was set up on the recommendations of which committee?
    A) A C Shah Committee
    B) Gorwala committee
    C) B Sivaraman Committee
    D) Gadgil Committee
    View Answer
      Option B
  17. India’s first smart and green highway, Eastern Peripheral Expressway (EPE) has a total length of __________
    A) 127 km
    B) 105 km
    C) 135 km
    D) 148 km
    View Answer
      Option C
    Explanation:
    Prime Minister Narendra Modi inaugurated the Kundli-Ghaziabad-Palwal (KGP) expressway, also known as the Eastern Peripheral Expressway (EPE) at the District Sports stadium in Baghpat, Uttar Pradesh.The 135-km EPE is India’s first smart and green highway and is built at a cost of Rs. 11,000 crore.
  18. Which among the given statements if not true regarding NBFCs?
    A) NBFC cannot accept demand deposits
    B) NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself
    C) Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs
    D) All are True
    View Answer
      Option D
  19. Who has been conferred with the ‘Santokba Humanitarian Award’ 2018?
    A) Verghese Kurien
    B) Kailash Satyarthi
    C) Dr S. Swaminathan
    D) Sam Pitroda
    View Answer
      Option B
    Explanation:
    Nobel laureate Kailash Satyarthi was honoured with ‘Santokba Humanitarian Award’ 2018 in Surat by President Ram Nath Kovind for his services aimed at the betterment of society and received an award money of Rs 1 crore
  20. The Government of India is to establish a committee under ________for recommending on the formation of an Asset Reconstruction Company to deal with stressed assets.
    A) Sunil Mehta
    B) P S Jayakumar
    C) Rajnish Kumar
    D) G. Padmanabhan
    View Answer
      Option A
    Explanation:
    Finance Minister Piyush Goyal has announced setting up of a committee to give recommendations on the formation of an Asset Reconstruction Company for faster resolution of stressed accounts of public sector banks. The committee is chaired by Sunil Mehta, the non-executive Chairman of Punjab National Bank, and would examine whether such an arrangement would be good for the banking system.

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