GA Revision for IBPS Clerk and RBI Exams — Set 30

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. Which bank has started a new initiative called SME Assist to provide short-term working capital demand loans to its MSME clients?
    A) State Bank of India
    B) ICICI Bank
    C) Axis Bank
    D) Bank of Baroda
    View Answer
      Option A
    Explanation: 
    The new initiative of SBI, called SME Assist, would offer loans to MSME customers on the basis of their input credit claims under Goods and Services Tax (GST). The loans will be offered at a concessional rate of interest.
  2. National Bank for Agriculture and Rural Development (NABARD) was set up under which of the following acts?
    A) Banking Regulation Act, 1949
    B) National Bank for Agriculture and Rural Development Act 1981
    C) Companies Act, 1956
    D) National Bank for Agriculture and Rural Development Act 1987
    View Answer
      Option B
    Explanation:
    National Bank for Agriculture and Rural Development (NABARD) is an apex development financial institution in India, headquartered at Mumbai with branches all over India.
    NABARD was established on the recommendations of B.Sivaraman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.
  3. Jeakson Singh Thounaojam is related to which sports?
    A) Volleyball
    B) Basketball
    C) Football
    D) Squash
    View Answer
      Option C
    Explanation:
    Jeakson Singh Thounaojam created history at Delhi’s Jawaharlal Nehru Stadium by scoring India’s first goal in a World Cup during India’s match against Colombia. 
  4. When is the World Pneumonia Day observed?
    A) November 11
    B) November 12
    C) November 13
    D) November 14
    View Answer
      Option B
  5. What is the rank of India in the 2017 World Economic Forum’s Global Gender Gap Index?
    A) 108
    B) 100
    C) 97
    D) 105
    View Answer
      Option A
    Explanation:
    India slipped 21 places on the World Economic Forum’s Global Gender Gap index to 108.
  6. Name the winner of the 53rd Jnanpith Award for the year 2017
    A) Raghuveer Chaudhary
    B) Shankha Ghosh
    C) Krishna Sobti
    D) Kedarnath Singh
    View Answer
      Option C
    Explanation:
    Eminent Hindi Litterateur Krishna Sobti has been awarded the 53rd Jnanpith Award for the year 2017 for her path-breaking contribution to Indian literature. Jnanpith is the highest literary award of the country
  7. What does P stands for in IPO with respect to stock market?
    A) Profit
    B) Percentage
    C) Payment
    D) Public
    View Answer
      Option D
    Explanation:
    Initial public offering or stock market launch is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time. 
  8. Tbilisi is the capital of which country?
    A) Georgia
    B) Finland
    C) Haiti
    D) Lebanon
    View Answer
      Option A
  9. Salil S. Parekhhas has been appointed as the new MD & CEO of which organisation with effect from January 2018?
    A) Wipro
    B) Infosys
    C) HCL Technologies
    D) Tata Consultancy Services(TCS)
    View Answer
      Option B
    Explanation:
    IT bellwether Infosys has appointed Salil S. Parekh as its Chief Executive Officer and Managing Director with effect from January 2, 2018 for a five-year term. He will succeed U.B. Pravin Rao.
  10. Which of the following cannot be used to transfer fund through IMPS?
    A) Using Mobile number & MMID
    B) Using Aadhaar number
    C) Using Virtual Private Address
    D) Using Account number & IFS Code
    View Answer
      Option C
    Explanation:
    Facility of VPA is available in UPI.
  11. Name the joint army training exercise being conducted between Indian and United Kingdom Army in Rajasthan from 1 to 14 December
    A) Himalayan Warrior 2017
    B) Mitra Shakti 2017
    C) Megh Prahar 2017
    D) Ajeya Warrior 2017
    View Answer
      Option D
    Explanation:
    Indo–United Kingdom joint army training exercise Ajeya Warrior 2017 will be conducted at Mahajan field firing ranges in Rajasthan from 01 to 14th December 2017.
  12. India’s first Air Dispensary is being established by the government in the north eastern region. The initial fund allocated for the programme is Rs ______ crore
    A) Rs 20 crore
    B) Rs 35 crore
    C) Rs 30 crore
    D) Rs 25 crore
    View Answer
      Option D
    Explanation:
    Minister of Development of North East Region (DONER) Jitendra Singh announced that the northeast region will get India’s first Air Dispensary. For the air dispensary, which will be based in a helicopter, the government has contributed Rs 25 crore as initial funding.
  13. In banking, CAR is a measure of bank’s ability to absorb losses. Expand CAR.
    A) Core Analysis & Research
    B) Current Account Receipt
    C) Capital Adequacy Ratio
    D) Capital Asset Ratio
    View Answer
      Option C
    Explanation:
    Capital Adequacy Ratio (CAR) is the ratio of a bank’s capital in relation to its risk weighted assets and current liabilities. The risk weighted assets take into account credit risk, market risk and operational risk. 
  14. Name the world’s first Sanskrit 3D film which was screened at the 48th International Film Festival of India in Panaji in Goa.
    A) Anurakthi
    B) Vasara
    C) Ksudharta
    D) Punjakendram
    View Answer
      Option A
    Explanation:
    World’s first Sanskrit 3D film ‘Anurakthi’ was among the main attraction in 3D category at the 48th International Film Festival of India in Panaji in Goa.
  15. Salt Lake Stadium is located in which state?
    A) Maharashtra
    B) Kolkata
    C) Karnataka
    D) Punjab
    View Answer
      Option B
    Explanation:
    Salt Lake Stadium, officially known as Vivekananda Yuba Bharati Krirangan, is a multipurpose stadium in Kolkata, with a current capacity of 85,000. It is the largest stadium in India by seating capacity.
  16. Senior IPS officers Gurbachan Singh has been promoted as the Special Directors of which organisation by the government of India?
    A) Border Security Force (BSF)
    B) Central Reserve Police Force (CRPF)
    C) Intelligence Bureau (IB)
    D) Central Bureau of Investigation (CBI)
    View Answer
      Option C
    Explanation:
    Gurbachan Singh has been promoted as the Special Directors of Intelligence Bureau (IB) 
  17. Which of the following Indian Naval Ships participated in the 30th edition of the CORPAT joint maritime exercise held in Indonesia?
    A) Samridhi
    B) Sukanya
    C) Sahyadri
    D) Satpura
    View Answer
      Option B
    Explanation:
    Indian Naval ship Sukanya participated in the 30th edition of CORPAT (Coordinated Patrol) and third Bilateral exercise between the Indian and Indonesian navies at Belawan port, Indonesia. 
  18. What is the deadline set by Reserve Bank of India (RBI) for all the banks to provide doorstep banking facilities to differently-abled persons and senior citizens above  70 years of age?
    A) December 31, 2017
    B) January 31, 2018
    C) April 1, 2018
    D) February 1, 2018
    View Answer
      Option A
    Explanation:
    The RBI has asked banks to provide doorstep banking facilities to senior citizens of more than 70 years of age and differently-abled persons by 31st December, 2017
  19. NPCI was incorporated under which Section of Companies Act 1956?
    A) Section 8
    B) Section 10
    C) Section 12
    D) Section 25
    View Answer
      Option D
    Explanation:
    NPCI was incorporated under Section 25 of Companies Act 1956. Now it is Section 8 of Companies Act 2013
  20. Manas National Park is located in which state of India?
    A) Madhya Pradesh
    B) Bihar
    C) Assam
    D) Tamil Nadu
    View Answer
      Option C
    Explanation:
    Manas National Park or Manas Wildlife Sanctuary is a national park, UNESCO Natural World Heritage site, a Project Tiger reserve, an elephant reserve and a biosphere reserve in Assam

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2 Thoughts to “GA Revision for IBPS Clerk and RBI Exams — Set 30”

  1. Sachin shukla( Banker 2018)

    ty.

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