GA Revision for IBPS 2017 and other Exams — Set 25

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. Credit cards are known as __________
   A) Hard Money
   B) Easy Money
   C) Soft Money
   D) Plastic Money
   
   View Answer

     Option D
2. The government of India has formed a committee to oversee the merger proposals of public sector banks. Name the head of the committee.
   A) Arun Jaitley
   B) Piyush Goyal
   C) Nirmala Sitharaman
   D) Rajnath Singh
   
   View Answer

     Option A
   Explanation: Moving ahead with reforms in the public sector banking space, the government has constituted a ministerial panel headed by Finance Minister Arun Jaitley that will oversee merger proposals of state-owned banks.
3. How much amount of loan has been sanctioned by the State Bank of India (SBI) in collaboration with World Bank to corporates for Rooftop Solar projects?
   A)Rs 3,875 crore
   B)Rs 1,555 crore
   C) Rs 2,317 crore
   D)Rs 2,825 crore
   
   View Answer

     Option C
   Explanation: State-run State Bank of India (SBI) has announced the sanction of loans worth Rs 2,317 crore in collaboration with the World Bank to finance grid-connected solar rooftop projects in the country.
4. Capital market deals in__________
   A) Short-term funds
   B) Long-term funds
   C) Gilt-edge securities
   D) All of These
   
   View Answer

     Option B
5. Who has been appointed as the new Managing Director and Chief Executive Officer of India Post Payments Bank (IPPB)?
   A) Suresh Sethi
   B) Pawan Munjal
   C) Anant Gupta
   D) Sanjiv Mehta
   
   View Answer

     Option A
   Explanation: India Post Payments Bank (IPPB) has appointed Suresh Sethi as its Managing Director and Chief Executive Officer. He was the former MD of Vodafone M-Pesa Ltd.
6. What is the full form of IRR as used in banking/financial sector?
   A) Internal Rate of Return
   B) Internal Revaluation Reserve
   C) Investment Reserve ratio
   D) Internal Risk Return
   
   View Answer

     Option A
7. The ‘Bhavantar Bhugtan Yojna’ has been launched by which state for the benefit of the farmers of the state?
   A) Chhattisgarh
   B) Madhya Pradesh
   C) Uttar Pradesh
   D) Bihar
   
   View Answer

     Option B
   Explanation: Madhya Pradesh Chief Minister Shivraj Singh Chouhan inaugurated the ambitious ‘Bhavantar Bhugtan Yojna’ for the farmers of the state. Madhya Pradesh is the first state to lend money to farmers at zero percent interest.
8. How much amount of financial assistance has been announced by the Madhya Pradesh government for remarriage of widows of the state?
   A) Rs. 4 lakh
   B) Rs. 3 lakh
   C) Rs. 2 lakh
   D) Rs. 1 lakh
   
   View Answer

     Option C
   Explanation: Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced a financial assistance of Rs. 2 lakh for remarriage of widows of the state. 
9. Expand the term FLCC.
   A) Financial Literacy and Credit Counselling
   B) Fiscal Literacy Communication Centre
   C) Financial Literacy Call Centre
   D) Fiscal Literacy and Credit Counselling
   
   View Answer

     Option D
10. Sagar Kavach is a joint security exercise held between which two states in November 2017 to strengthen coastal security?
    A) Odisha and West Bengal
    B) Kerala and Goa
    C) Maharashtra and West Bengal
    D) Karnataka and Tamil Nadu
    
    View Answer

      Option A
    Explanation: Aiming to strengthen coastal security along the Odisha and West Bengal coastline, the governments of both states will hold a joint security exercise ‘Sagar Kavach’ in the Bay of Bengal this November.
11. Which state government has banned the use of packaged water bottles in all government offices, in order to become plastic free state by March 2018?
    A) Karnataka
    B) Bihar
    C) Uttar Pradesh
    D) Maharashtra
    
    View Answer

      Option D
    Explanation: The Maharashtra government, in a bid to become plastic-free state from March 2018, has banned packaged water bottles in Mantralaya and other government offices. The regulation will soon be imposed on restaurants.
12. Kavita Devi is associated with which sports?
    A) Wrestling
    B) Boxing
    C) Athletics
    D) Weightlifiting
    
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      Option A
13. Which of the following rates are decided by the market conditions and not by RBI?
    A) Bank rate
    B) Inflation rate
    C) SLR
    D) CRR
    
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      Option B
14. Which of the following is an example of financial assets?
    A) National Saving Certificates
    B) Infrastructure Bonds
    C) Krishi Vikas
    D) All of These
    
    View Answer

      Option D
15. The state government of Maharashtra has recently set up a 7 member panel to recommend ways to stop the custodial deaths. Who has been appointed as the head of the committee?
    A) Sanjay Kothari
    B) Nripendra Mishra
    C) Pradeep Sinha
    D) Sudhir Shrivastava
    
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      Option D
    Explanation: The Maharashtra government has set up a seven-member committee headed by Additional Chief Secretary (Home) Sudhir Shrivastava to recommend ways to stop the custodial deaths.
16. Bandhavgarh National Park is in which state?
    A) Madhya Pradesh
    B) Assam
    C) Himachal Pradesh
    D) Rajasthan
    
    View Answer

      Option A
17. Which country will host the 2023 Rugby World Cup?
    A) France
    B) Germany
    C) Spain
    D) Switzerland
    
    View Answer

      Option A
18. Under the Ek Bharat-Shreshtha Bharat scheme of the government, which state has been made the partner of the Manipur and Nagaland?
    A) Haryana
    B) Madhya Pradesh
    C) Odisha
    D) Gujarat
    
    View Answer

      Option B
    Explanation: ‘Ek Bharat-Shreshtha Bharat’ Yojana has been started with an objective to strengthen cultural relations of various parts of the country and to embolden the mutual connection between the people dwelling in different States. Under the scheme, Madhya Pradesh has been made partner of Manipur and Nagaland. The Higher Education Department of Madhya Pradesh has been made nodal department to implement the scheme.
19. Reverse Repo means?
    A) Injecting liquidity by the Central Bank of a country through purchase of government securities
    B) Absorption of liquidity from the market by sale of government securities
    C) Balancing liquidity with a view to enhance economic growth rate
    D) Improving the position of availability of the securities in the market
    
    View Answer

      Option B
20. Green Park Cricket Stadium is situated in which city?
    A) Pune
    B) Ranchi
    C) Kanpur
    D) Nagpur
    
    View Answer

      Option C

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