GA Revision for SBI PO/Clerk, RBI Grade B — Set 153

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. When is the World Post Office Day observed?
    A) December 19
    B) May 3
    C) October 9
    D) August 10
    View Answer
      Option C
    Explanation:
    World Post day happens each year on October 9, This date is the anniversary of the Universal Postal Union (UPU), which started in 1874 in Switzerland. The UPU was the start of the global communications revolution, introducing the ability to write to others all over the world.
  2. Indian Railways first all-electric high speed train of 12,000 horsepower (HP) has been flagged off in which of the following state by PM Modi?
    A) Maharashtra
    B) Bihar
    C) Gujarat
    D) Karnataka
    View Answer
      Option B
    Explanation:
    Prime Minister Narendra Modi launched India’s first all-electric high-speed locomotive in Bihar. The addition of all-electric high-speed locomotive in Bihar will be a giant leap in PM Modi’s govt initiative ‘Make in India’. The electric locomotive, with a 12,000 horsepower (HP) was will be flagged off from Bihar’s Madhepura loco factory. Before the launch of high speed locomotive train, the most powerful electric engine in India was of 6,000 HP.
  3. 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.
  4. What is the rank of India in the 2018 Commonwealth Innovation Index?
    A) 10th
    B) 7th
    C) 15th
    D) 2nd
    View Answer
      Option A
    Explanation:
    India has been ranked 10th in the Commonwealth innovation index. The index was launched as part of a new Commonwealth Innovation Hub on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) in London.
  5. Any loan for short duration crops is classified as NPA when the installment of principal or interest there on remains overdue for _____ crop seasons
    A) one
    B) four
    C) three
    D) two
    View Answer
      Option D
    Explanation:
    The instalment of principal or interest there on remains overdue for two crop seasons for short duration crops
  6. According to the TRA Brand Trust Report 2018, which among the following is the most trusted private sector bank of India?
    A) Kotak Mahindra bank
    B) ICICI Bank
    C) Yes Bank
    D) HDFC Bank
    View Answer
      Option B
    Explanation:
    TRA Brand Trust Report 2018 ranked State Bank of India as the most-trusted bank (both public and private sector) in the country and ICICI topped the chart among the private ones.
  7. Procedure for amalgamation of banking companies is defined under section ____ of Banking Regulation Act, 1949.
    A) Section 44A
    B) Section 45A
    C) Section 46A
    D) Section 47A
    View Answer
      Option A
    Explanation: 
    The Reserve Bank has discretionary powers to approve the voluntary amalgamation of two banking companies under the provisions of Section 44A of the Banking Regulation Act, 1949. 
  8. When is the World Intellectual Property Day observed?
    A) February 23
    B) March 28
    C) May 21
    D) April 26
    View Answer
      Option D
    Explanation:
    World Intellectual Property Day is observed annually on 26 April. The event was established by the World Intellectual Property Organization (WIPO) in 2000 to “raise awareness of how patents, copyright, trademarks and designs impact on daily life” and “to celebrate creativity, and the contribution made by creators and innovators to the development of societies across the globe”.
  9. Dhuliya and Bhawariya is a folk dance form of which Indian state?
    A) Assam
    B) West Bengal
    C) Odisha
    D) Telangana
    View Answer
      Option A
  10. Market regulator Securities and Exchange Board of India has extended the timing of equity derivatives trading from current 3.30 pm to 11:55 pm with effect from __________.
    A) July 1, 2018
    B) May 1, 2018
    C) October 1, 2018
    D) August 1, 2018
    View Answer
      Option C
    Explanation:
    The Securities and Exchange Board of India (SEBI) has allowed stock exchanges to extend the trading session for futures and options (F&O) segment from the current 3.30 p.m. to 11.55 in the night beginning October 1, 2018.
  11. The foundation stone of the 60 MW Naitwar Mori Hydro Electric Project has been laid down in which state recently?
    A) Himachal Pradesh
    B) Uttarakhand
    C) Jammu & Kashmir
    D) Odisha
    View Answer
      Option B
    Explanation:
    Power and New & Renewable Energy Minister R K Singh laid the foundation stone of the 60 MW Naitwar Mori Hydro Electric Project at Uttarkashi in Uttarakhand.
  12. The Government of India has unveiled National Wind-Solar Hybrid Policy to achieve 175 GW installed capacity from renewable energy sources by which year?
    A) 2020
    B) 2022
    C) 2025
    D) 2030
    View Answer
      Option B
    Explanation:
    In an effort to boost clean energy generation, the Ministry of New and Renewable Energy (MNRE) has unveiled a National Wind-solar Hybrid Policy to promote new projects as well as hybridisation of the existing ones. The government has set an ambitious target of achieving 175 gigawatt (gw) of installed capacity from renewable energy sources by 2022, which includes 100 gw of solar and 60 gw of wind power capacity.
  13. New Bank of India was merged with Punjab National Bank in which year?
    A) 1993
    B) 1990
    C) 1995
    D) 1997
    View Answer
      Option A
    Explanation:
    In 1993, PNB acquired New Bank of India, which the GOI had nationalized in 1980.
  14. The EPFO has cut the Provident Fund (PF) deposit interest rate for 2017-18 to 5 years low at __________
    A) 8. 75 %
    B) 8.65 %
    C) 8.55 %
    D) 8.75 %
    View Answer
      Option C
    Explanation:
    The Finance Ministry has ratified 8.55 per cent rate of interest on EPF for last fiscal. Retirement fund body, EPFO has asked its field offices to credit 8.55 per cent rate of interest for 2017-18, the lowest rate since 2012-13 fiscal, into the PF accounts of around 5 crore subscribers.
  15. Name the head of committee on Digital Payments constituted by the Ministry of Finance, Department of Economic Affairs to review the payment systems in the country?
    A) N.S. Viswanathan
    B) Ratan P. Watal
    C) Sudarshan Sen
    D) Chandrababu Naidu
    View Answer
      Option B
    Explanation:
    The Ministry of Finance, Department of Economic Affairs had constituted a Committee on Digital Payments to review the payment systems in the country and to recommend appropriate measures for encouraging Digital Payments.
    The Committee was constituted on 23rd August 2016 under the Chairmanship of Shri. Ratan P. Watal, Principal Advisor, NITI Aayog and former Finance Secretary to the Government of India.
  16. Neighbourly App has been unveiled by which body to provide all local information regarding neighboring area to the people?
    A) Whatsapp
    B) Facebook
    C) Google India
    D) Paytm
    View Answer
      Option C
    Explanation:
    Google India has come up with the beta launch of a new app called “Neighbourly” in the country to help people find local answers in their neighbourhood. A beta version of the app is initially available in Mumbai, but users located in other areas can join a waitlist pending expansion to get notified when it is available.
  17. The headquarter of the Universal Postal Union (UPU) is situated at________
    A) Vienna, Austria
    B) Rome, Italy
    C) New York, United States
    D) Bern, Switzerland
    View Answer
      Option D
    Explanation:
    The UPU’s headquarters are located in Bern, Switzerland
  18. Name the Winner of 2018 French Open in women’s single category?
    A) Simona Halep
    B) Nathalie Dechy
    C) Sloane Stephens
    D) Iva Majoli
    View Answer
      Option A
    Explanation:
    Top-ranked Romanian Simona Halep beat Sloane Stephens in final sets to claim her first Grand Slam title at the French Open. Halep became the second Romanian woman to win a Grand Slam singles trophy after Virginia Ruzici at Roland Garros in 1978. This was Halep’s fourth major final and has lost all three in the past, including two at Roland Garros. 
  19. IIBs are debt market securities offered by the government to protect your savings from inflation. What does middle letter I stands for in IIB?
    A) Inflation
    B) Indexed
    C) Information
    D) Investement
    View Answer
      Option B
    Explanation:
    Inflation-indexed bonds 
  20. The Composite Water Management Index has been introduced by which entity for better management of water resources and the rising demand for water?
    A) Planning Commission
    B) NITI Aayog
    C) National Development Council
    D) FICCI
    View Answer
      Option B
    Explanation:
    NITI Aayog has come up with the Composite Water Management Index to overcome limitations on availability of water resources and the rising demand for water. The index is a useful tool to assess and improve performance in management of water resources by providing useful information which can be utilized to formulate and implement strategies for better management of water resources.

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