GA Revision for IBPS Clerk and RBI Exams — Set 32

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 among the given days was not observed on 19 November 2017?
    A) World Toilet Day
    B) International Men’s Day
    C) World Fisheries Day
    D) World Day of Remembrance for Road Traffic Victims
    View Answer
      Option C
    Explanation:
    World Fisheries Day is observed on 21 November.
    2017 Theme: ‘2022 Ka Hai Sapna, Kisan Ki Aay Ho Dugna – Sankalp Se Siddhi’
  2. The deposits made under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) shall be held in which of these accounts?
    A) Saving Account
    B) Bond Ledger Accounts (BLA)
    C) CASA
    D) Reserved Account
    View Answer
      Option B
    Explanation:
    The deposits made in Pradhan Mantri Garib Kalyan Yojana (PMGKY) shall be held in Bond Ledger Accounts maintained with Reserve Bank of India.
  3. The #MuhPeTaal campaign has been launched by which bank to promote safe banking?
    A) Axis Bank
    B) ICICI Bank
    C) HDFC Bank
    D) Yes Bank
    View Answer
      Option A
    Explanation:
    During the International Fraud Awareness week from 12 to 18 November 2017, Axis Bank in association with Mumbai Police has launched its latest campaign #MuhPeTaala to promote safe banking. #MuhPeTaala is the mantra that needs to be followed to prevent cyber banking crimes. 
  4. Who among the given is/are the winners of the 2017 Nobel Prize for Physiology or Medicine?
    A) Rainer Weiss, Barry C. Barish and Kip S. Thorne
    B) Richard H. Thaler
    C) Jacques Dubochet, German Joachim Frank and British Richard Henderson
    D) Jeffrey C. Hall, Michael Rosbash and Michael W. Young
    View Answer
      Option D
    Explanation:
    The Nobel Prize in Physiology or Medicine 2017 was awarded jointly to Jeffrey C. Hall, Michael Rosbash and Michael W. Young “for their discoveries of molecular mechanisms controlling the circadian rhythm”.
  5. Name the first country in the world to accept Bitcoins as payment for its ‘investment citizenship’ program
    A) Soloman Islands
    B) Philippines
    C) Vanuatu
    D) Greenland
    View Answer
      Option C
    Explanation:
    Vanuatu, a South Pacific archipelago, has become the first nation to accept Bitcoins as payment for its ‘investment citizenship’ program.
  6. Which state is found to have the highest number of women entrepreneurs in India based on the report by Sheatwork?
    A) Karnataka
    B) West Bengal
    C) Tamil Nadu
    D) Kerala
    View Answer
      Option C
    Explanation:
    According to the state-wise analysis of state of women entrepreneurship in the country by Sheatwork, a knowledge hub for women entrepreneurs, Tamil Nadu has the highest number of women entrepreneurs in India, followed by Kerala and West Bengal. 
  7. Which among the following is the first Regional Rural Bank of India?
    A) Prathama Bank
    B) Kashi Gomti Samyut Gramin Bank
    C) Allahabad UP Gramin Bank
    D) Purvanchal Bank
    View Answer
      Option A
    Explanation:
    The development process of RRBs started on 2 October 1975 with the forming of the first RRB, the Prathama Bank with authorised capital of Rs. 5 crore at its starting.
  8. Rating agency Fitch has lowered the GDP growth of India from the previous 6.9 percent to _____ percent for FY’18 (2017-18) in its December Global Economic Outlook (GEO)
    A) 6.3%
    B) 6.5%
    C) 6.8%
    D) 6.7%
    View Answer
      Option D
    Explanation:
    According to Fitch’s December Global Economic Outlook (GEO), the global ratings agency reduced the growth forecast for the fiscal year to end-March 2018 (FY18) to 6.7% from 6.9%..
  9. The River Alaknanda flows through which of the following cities?
    A) Ujjain
    B) Badrinath
    C) Kannauj
    D) Rishikesh
    View Answer
      Option B
  10. Kavita Devi is related with which sports?
    A) Wrestling
    B) Boxing
    C) Athletics (Track & Field)
    D) Weightlifting
    View Answer
      Option A
    Explanation:
    Kavita Devi, who was part of the WWE’s Mae Young classic tournament, has made history by becoming the first ever woman wrestler from India to be awarded a WWE developmental contract.
  11. What is the interest rate under Sukanya Samriddhi Accounts?
    A) 8.0 %
    B) 8.1 %
    C) 8.3 %
    D) 8.4 %
    View Answer
      Option C
    Explanation:
    The Sukanya Samriddhi Accounts scheme was launched by Prime Minister Narendra Modi on 22 January 2015 as a part of the Beti Bachao, Beti Padhao campaign. The scheme currently provides an interest rate of 8.3% (for October 2017 to December 2017) and tax benefits. 
  12. Shri Bhagwati Prasad who passed away recently was the former Chief Justice of which High Court?
    A) Bombay High Court
    B) Chhattisgarh High Court
    C) Himachal Pradesh High Court
    D) Jharkhand High Court
    View Answer
      Option D
  13. Which of the given ministries organized the Multi State Mega Mock Tsunami Exercise 2017 along the entire eastern coastline of the country on November 24 for tsunami preparedness.
    A) Ministry of Earth Sciences
    B) Ministry of Home Affairs
    C) Ministry of Defence
    D) Ministry of External Affairs
    View Answer
      Option B
    Explanation:
    The Ministry of Home Affairs (MHA) conducted Multi State Mega Mock Tsunami Exercise 2017 along the entire East Coast in 31 coastal districts across four states-West Bengal, Odisha, Andhra Pradesh and Tamil Nadu and Puducherry (UT) on November 24.
  14. Rajiv Gandhi National University of Law is an autonomous law school located in which part of India?
    A) Bhopal, Madhya Pradesh
    B) Delhi
    C) Patiala, Punjab
    D) Gandhinagar, Gujarat
    View Answer
      Option C
  15. What does O stands for in WLAO?
    A) Organiser
    B) Operator
    C) Ordinary
    D) Ordinance
    View Answer
      Option B
    Explanation:
    White Label ATM Operator (WLAO)
  16. Name the newly appointed India’s G 20 Sherpa for the Development Track of the G20
    A) Suresh Prabhu
    B) Arvind Panagariya
    C) Shaktikanta Das
    D) Montek Ahluwalia
    View Answer
      Option C
    Explanation:
    Shri Shaktikanta Das, Former Secretary, Department of Economic Affairs, has been appointed as India’s G 20 Sherpa till December 31, 2018 for the Development Track of the G20.
  17. Nathu La mountain pass is situated in which state of India?
    A) Jammu & Kashmir
    B) Sikkim
    C) Rajasthan
    D) Arunachal Pradesh
    View Answer
      Option B
  18. Which among the following words has been declared as the Cambridge Dictionary’s Word of the Year 2017?
    A) Populism
    B) Megalomania
    C) Inauguration
    D) Nepotism
    View Answer
      Option A
  19. The Section 22 of the Reserve Bank of India Act 1934 deals with ______
    A) Defines repo, reverse repo, derivative, money market instruments and securities
    B) Establishment of Offices, branches and agencies
    C) Obligation of the Bank to transact Government business
    D) Right to issue bank notes
    View Answer
      Option D
    Explanation:
    The Reserve Bank of India Act 1934 is an Act to constitute a Reserve Bank of India (RBI) and provide the central bank (RBI) with various powers to act as the central bank of India. There are total61 Sectionsin the RBI Act 1934.

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