GA Revision for IBPS Clerk and RBI Exams — Set 34

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 country has topped the World Bank’s latest ‘Ease of Doing Business index’?
    A) Australia
    B) Singapore
    C) New Zealand
    D) Denmark
    View Answer
      Option C
    Explanation:
    The World Bank’s ‘Ease of Doing Business index is topped by New Zealand followed by Singapore and Denmark.
  2. The Government of India has signed an MoU worth Rs ____________ crore with Indian brand Patanjali at the World Food India 2017.
    A) 25,000
    B) 10,000
    C) 17,000
    D) 21,000
    View Answer
      Option B
    Explanation:
    A memorandum of understanding (MoU) of Rs 10, 000 Crore was signed between the Government of India (GoI) and Patanjali at the World Food India 2017.
  3. What does B stands for in APBS?
    A) Biometric
    B) Basic
    C) Bundled
    D) Bridge
    View Answer
      Option D
    Explanation:
    Aadhaar Payment Bridge (APB) System
  4. Who is the current Chairman of the Bombay Stock Exchange?
    A) Sethurathnam Ravi
    B) Dhirendra Swarup
    C) Ashish Chauhan
    D) Ashok Chawla
    View Answer
      Option A
    Explanation:
    Eminent chartered accountant Sethurathnam Ravi has been appointed as the chairman of the leading stock exchange BSE. Ravi, who was a public interest director at the BSE, replaces Dhirendra Swarup.
  5. Which of the following Credit Rating Agency has its headquarter in India?
    A) Moody’s
    B) S&P
    C) CRISIL
    D) FITCH
    View Answer
      Option C
  6. In collaboration with which transportation firm has the Indian Oil Corporation (IOC) launched India’s first electric charging station in Nagpur?
    A) Easy Cabs
    B) Ola
    C) Uber Technlogies
    D) Taxi For Sure
    View Answer
      Option B
    Explanation:
  7. Where is National Institute of Bank Management (NIBM) located?
    A) Noida
    B) Nashik
    C) Pune
    D) New Delhi
    View Answer
      Option C
    Explanation:
    National Institute of Bank Management (NIBM) is an Indian institution for research, training and consultancy in banking and finance. It is located in Pune. The campus is self-contained, with residential and educational facilities.
  8. Who has been appointed as the Chairman of the public broadcaster Prasar Bharti?
    A) Shashi Sekhar Vembti
    B) A. Surya Prakash
    C) Jawhar Sircar
    D) Punit Goenka
    View Answer
      Option B
    Explanation:
    Dr. A. Surya Prakash has been re-appointed as the Chairman of Prasar Bharati Board. Dr. Prakash will hold this position till February 8, 2020, till he turns 70 years.
  9. Which Ministry has launched a Digital Signature campaign on Constitution Day to generate awareness on fundamental duties enshrined in the Constitution?
    A) Ministry of External Affairs
    B) Ministry of Information and Broadcasting
    C) Ministry of Corporate Affairs
    D) Ministry of Human Resources Development
    View Answer
      Option D
    Explanation:
    Ministry of Human Resources Development has launched a Digital Signature campaign on Constitution Day affirming faith in Indian Constitution and to generate awareness on fundamental duties enshrined in the Constitution. 26th November is celebrated as Constitution Day.
  10. Bongaigaon Thermal Power Plant is established in which state?
    A) Assam
    B) Odisha
    C) Manipur
    D) Kerala
    View Answer
      Option A
  11. Name the programme launched by Mahindra & Mahindra to empower women working in the agriculture sector by promoting efficient and ergonomic farm tools and equipment?
    A) Sahayak
    B) Sahyog
    C) Prerna
    D) Chhavi
    View Answer
      Option C
    Explanation:
    The project will be initially launched in the state of Odisha, with the intention to positively impact the lives of over 1,500 families across 30-plus villages.
  12. As per the advisory of the Reserve Bank of India, only non-bank entities authorised by it under the ______________________ can issue Pre-paid Payment Instrument (PPI) wallets.
    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 D
    Explanation:
    On March 31, 2017, RBI issued advisory on E-wallets.
    It told the users of Pre-paid Payment Instruments (PPIs), including mobile and electronic wallets, that only non-bank entity authorised by it under the Payment and Settlement Systems Act, 2007 can issue PPI wallets for purchase of goods and services from third parties and money transfer within India.
  13. Which among the following is the world’s first blockchain technology-based smartphone.
    A) TeraVault
    B) BitVault
    C) GigaVault
    D) FitVault
    View Answer
      Option B
    Explanation:
    Gurugram-based VVDN, in partnership with Ireland’s Embedded Downloads, unveiled blockchain technology-based smartphone BitVault for Rs 75,000 a unit.
  14. Sri Mookambika Temple is situated in which state?
    A) Maharashtra
    B) Andhra Pradesh
    C) Tamil Nadu
    D) Karnataka
    View Answer
      Option D
  15. RBI has opened its new branch in which of the following places?
    A) Hyderabad
    B) Chennai
    C) Meerut
    D) Dehradun
    View Answer
      Option D
    Explanation:
    The Reserve Bank of India has opened a branch in Dehradun, Uttarakhand to make transactions of the state government more convenient. Earlier, the state government had to do financial transactions through the Kanpur branch of the RBI.
  16. Under which of the following Acts, the Government of India is authorized to print Re. 1 note and coins?
    A) RBI Act, 1934
    B) Coinage Act, 2011
    C) Paper Currency Act, 1861
    D) FRBM Act, 2003
    View Answer
      Option B
  17. ‘Adopt a Heritage’ Project is associated with which of the following Campaigns launched by Modi Government?
    A) Incredible India 2.0 Campaign
    B) Sukanya Samridhi Yojana
    C) Swach Bharat Abhiyan
    D) One Stop Center Scheme
    View Answer
      Option A
    Explanation:
    Incredible India 2.0 campaign will be focusing on specific promotional plans, with greater emphasis to be given to social media, whereas, ‘Adopt A Heritage’ Project plans to entrust heritage sites to the public sector and private sector companies and individuals for the development of tourist amenities.
  18. What is the currency of Peru?
    A) Franc
    B) Sol
    C) Riel
    D) Ruble
    View Answer
      Option B
    Explanation:
    Capital- Lima
  19. Name the winner of the F1’s Malaysian Grand Prix
    A) Max Verstappen
    B) Sebastian Vettle
    C) Lewis Hamilton
    D) Karl Marx
    View Answer
      Option A
    Explanation:
    Max Verstappen has won the F1’s Malaysian Grand Prix after beating Lewis Hamilton
  20. Which of the following is not a product by NPCI?
    A) AEPS
    B) UPI
    C) ECS
    D) RuPay
    View Answer
      Option C
    Explanation:
    Electronic Clearance Service (ECS) is a product by RBI.
    Product & services by NPCI includes NFS, BHIM, UPI, IMPS, NACH, AEPS, RuPAY, BBPS

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