GA Revision for IBPS 2017 and other Exams — Set 20

GA Revision Questions for upcoming IBPS RRB PO/Clerk Main 2017, IBPS PO Main 2017, OICL AO Main 2017, RBI Assistant Main 2017 and other upcoming exams.

  1. Foreign currency which has a tendency of quick migration is called_________ currency.
    A) Cold Currency
    B) Hot Currency
    C) Liquid Currency
    D) None of These
    View Answer
      Option B
    Explanation:
    In economics, hot money is the flow of funds (or capital) from one country to another in order to earn a short-term profit on interest rate differences and/or anticipated exchange rate shifts.
  2. 24th Parallel is the line drawn between India and __________?
    A) Nepal
    B) Bhutan
    C) Pakistan
    D) China
    View Answer
      Option C
    Explanation:
    24th Parallel is the line which Pakistan claims for demarcation between India and Pakistan. This, however, is not recognized by India.
  3. Name the head of panel set up by the government to study issues related to data protection in India.
    A) M Vasudeva
    B) B N Srikrishna
    C) Balakrishnan
    D) T V Prasad
    View Answer
      Option B
    Explanation:
    The central government has constituted an expert panel, which would study various issues relating to data protection in the country and suggest a draft data protection Bill. The 10-member panel is headed by Justice (retired) B N Srikrishna.
  4. Which airport is set to become the first airport in the country to have helicopter-taxi (heli-taxi) service for those who cannot afford to spend time battling traffic to travel across the city?
    A) Kempegowda International Airport
    B) Rajiv Gandhi International Airport
    C) Chhatrapati Shivaji International Airport
    D) Cochin International Airport
    View Answer
      Option A
    Explanation:
    The Kempegowda International Airport in Bengaluru, Karnataka will become the first airport in the country to have a helicopter-taxi (heli-taxi) service for those who cannot afford to spend time battling traffic to travel across the city.
  5. Who among the following has been crowned as Miss India Australia 2017?
    A) Navneet Kaur
    B) Aarzu Singh
    C) Nibedita Pal
    D) Zenia Starr
    View Answer
      Option B
    Explanation:
    Aarzu Singh of Gold Coast, Queensland, has been crowned Miss India Australia 2017 in Sydney. Mallika Raj from Canberra was the runner-up.
  6. Who has been appointed as the new Secretary General of Rajya Sabha?
    A) BN Banerjee
    B) SS Bhalerao
    C) Sudarshan Agarwal
    D) Desh Deepak Verma
    View Answer
      Option D
    Explanation:
    Desh Deepak Verma, an IAS officer of the UP cadre, has been appointed as the Secretary General of Rajya Sabha. He will replace Shumsher K. Sheriff.
  7. Who is the chairman of the Council of Scientific and Industrial Research (CSIR)?
    A) Narendra Modi
    B) Arun Jaitley
    C) M Venkaiah Naidu
    D) John Joseph
    View Answer
      Option A
  8. Security Printing and Minting Corporation of India Limited (SPMCIL) was incorporated under which of the following acts?
    A) Banking Regulation Act, 1949
    B) Reserve Bank of India Act, 1934
    C) Companies Act, 1956
    D) Payment and Settlement Systems Act, 2007
    View Answer
      Option C
    Explanation:
    Security Printing and Minting Corporation of India Limited (SPMCIL) was formed after corporatisation of nine units including four mints, four presses and one paper mill which were earlier functioning under the Ministry of Finance. The Company was incorporated on 13.01.2006 under the Companies Act, 1956 with its headquarters at New Delhi.
  9. According to the latest report by Transparency International, which of the following is the most Corrupt Asian country?
    A) Pakistan
    B) India
    C) Afghanistan
    D) China
    View Answer
      Option B
    Explanation:
    India is the most corrupt Asian country with 69 per cent bribery rates, a report by Transparency International said.
  10. Arunachal Pradesh’s Chief Minister Pema Khandu has announced to make the state Open Defecation Free by which year?
    A) December 31, 2020
    B) December 31, 2017
    C) December 31, 2018
    D) December 31, 2019
    View Answer
      Option B
    Explanation:
    Chief Minister Pema Khandu has announced that Arunachal Pradesh shall be Open Defecation Free by December 31 this year. He said Sikkim is the only state in North East to achieve ODF free status and Arunachal is eager to be the next.
  11. Who among the given is not among the winners of the 2017 Nobel Prize in Physics?
    A) Rainer Weiss
    B) Barry C. Barish
    C) Peter Higga
    D) Kip S. Thorne
    View Answer
      Option C
    Explanation:
    Three American scientists-Rainer Weiss, Barry C. Barish and Kip S. Thorne-from the Laser Interferometer Gravitational-Wave Observatory (LIGO) have won the Nobel Prize in Physics for their contribution to detecting gravitational waves — ripples in the fabrics of spacetime which were predicted by Albert Einstein a hundred years ago.
  12. Which state government has launched the “Mathru Purna” scheme for the pregnant women and lactating mothers in the state?
    A) Telangana
    B) Andhra Pradesh
    C) Karnataka
    D) Maharashtra
    View Answer
      Option C
    Explanation:
    Karnataka Chief Minister Siddaramaiah launched the “Mathru Purna” scheme, which aims to provide nutritious meals to about 12 lakh pregnant women and lactating mothers in the state.
  13. Which of the following banks cannot accept deposits under Pradhan Mantri Garib Kalyan Yojana (PMGKY)?
    I. Public Sector Banks
    II. Private Sector Bank
    III. Co-operative Banks
    A) Only II
    B) Only I
    C) Only III
    D) Both II and III
    View Answer
      Option C
    Explanation:
    Application and amount for the deposit (in the form of Bond Ledger Account) shall be received by any banking company, other than Co-operative Banks.
  14. The 2024 Summer Olympic will be held in which country?
    A) Paris, France
    B) Los Angeles, United States
    C) Tokyo, Japan
    D) Beijing, China
    View Answer
      Option A
  15. Mahabaleshwar Sail, conferred with the Saraswati Samman for 2016 writes in which language?
    A) Hindi
    B) Konkani
    C) Marathi
    D) Bengali
    View Answer
      Option B
    Explanation:
    The prestigious literary award, the Saraswati Samman for 2016 has been presented to Konkani writer Mahabaleshwar Sail by Union minister for commerce and industry Nirmala Sitharaman.
  16. Name the player who has been chosen as the brand ambassador of Swachh Andhra Mission?
    A) Sania Mirza
    B) Manish Rawat
    C) Ashwini Bopanna
    D) PV Sindhu
    View Answer
      Option D
    Explanation:
    Andhra Pradesh Chief Minister Chandrababu Naidu launched Swachh Andhra Mission on the occasion of Gandhi Jayanti. Ace shuttler PV Sindhu has been chosen as the brand ambassador of Swachh Andhra.
  17. Which state’s Legislative Assembly has passed a bill which reclassifies coconut as a ‘tree’, ensuring legal protection for it?
    A) Tamil Nadu
    B) Kerala
    C) Goa
    D) Karnataka
    View Answer
      Option C
    Explanation:
    The Assembly passed the Goa, Daman and Diu (Preservation of) Trees Act, 1984 to regulate felling of coconut trees and reclassify it as tree.
  18. What is the currency of Serbia?
    A) Dirham
    B) Kwacha
    C) Lira
    D) Dinar
    View Answer
      Option D
  19. What is the Reverse Repo Rate according to the Third Bi-monthly Monetary Policy of the RBI?
    A) 5.00%
    B) 5.50%
    C) 5.75%
    D) 5.55%
    View Answer
      Option C
    Explanation:
    Policy Repo Rate – 6.00%
    Reverse Repo Rate – 5.75%
    Marginal Standing Facility Rate – 6.25%
    Bank Rate – 6.25%
    Cash Reserve Ratio (CRR) – 4.00% Unchanged
    Statutory Liquidity Ratio (SLR) – 19.50% Changed
  20. What does O stands for in WLAO with respect to ATMs?
    A) Organiser
    B) Operator
    C) Ordinary
    D) Ordinance
    View Answer
      Option B
    Explanation:
    White Label ATM Operator (WLAO)

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6 Thoughts to “GA Revision for IBPS 2017 and other Exams — Set 20”

  1. ravi

    mam
    Q19–check
    Statutory Liquidity Ratio (SLR) – 20.00% Unchanged

    1. Monika

      Yes its 19.50 % with effect from 14th October 2017. Corrected.

  2. Sachin shukla( Banker 2018)

    ty

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