GA Revision for IBPS Clerk and RBI Exams — Set 36

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. India’s GDP growth has been lowered to ____ percent from the previous 6.9 percent for the FY18 as per December Global Economic Outlook report of Fitch.
   A) 6.8 %
   B) 6.7 %
   C) 6.5 %
   D) 6.6%
   
   View Answer

     Option B
   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%. It has also lowered India’s growth forecast for FY’19 to 7.3% from 7.4% earlier.
2. Gourde is the currency of which country?
   A) Fiji
   B) Chile
   C) Haiti
   D) Egypt
   
   View Answer

     Option C
3. Priya Ranjan Dasmunsi who passed away on November 20, 2017 was a former Union Minister of ______________
   A) Food Processing Industries
   B) Information and Broadcasting
   C) Commerce and Industry
   D) Health and Family Welfare
   
   View Answer

     Option B
   Explanation: Veteran Congress leader and former Union Minister for Information and Broadcasting Priya Ranjan Dasmunsi, who was in coma since 2008, has passed away. He had also served as the President of All India Football Federation (AIFF) for 20 long years since December 1988.
4. What is the full form of ARDC?
   A) Agriculture Reform and Development Council
   B) Agricultural Refinance and Development Corporation
   C) Agricultural Reformation and Developmental Council
   D) Agri Refinance and Developmental Council
   
   View Answer

     Option B
   Explanation: NABARD came into existence on 12 July 1982 by transferring the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation (ARDC)
5. Which team has won the 2017 Under-19 Asia Youth Cup Trophy?
   A) Pakistan
   B) Bangladesh
   C) Afghanistan
   D) India
   
   View Answer

     Option C
   Explanation: Afghanistan U-19 cricket team thrashed Pakistan to bag the Under-19 Asia Youth Cup trophy in Kuala Lumpur in Malaysia. The team inflicted a 185-run defeat on Pakistan, making it a history for the Afghanistan cricket.
6. Where is the Mithivirdi Nuclear Power Plant situated?
   A) Gujarat
   B) Madhya Pradesh
   C) Himachal Pradesh
   D) Kerala
   
   View Answer

     Option A
   Explanation: It is in Talaja Taluka, Bhavnagar district, Gujarat which is 40 km from Bhavnagar.
   The project is part of the Indo-US nuclear deal signed in 2007.
7. Name the first Indian batsman to set a record for most double centuries as a Test Captain
   A) Virat Kohli
   B) Mahendra Singh Dhoni
   C) Sachin Tendulkar
   D) Virendra Sehwag
   
   View Answer

     Option A
   Explanation: Captain Virat Kohli surpassed Brian Lara to set the record for most double centuries scored by a Test captain on the second day of the third and final Test against Sri Lanka in Delhi on Sunday, 3 December. This is the second double century on the trot for the Indian skipper.
8. What is the maximum deposit amount insured by the DICGC?
   A) Rs 2,00,000
   B) Rs 1,00,000
   C) Rs 3,00,000
   D) No limit
   
   View Answer

     Option B
   Explanation: Each depositor in a bank is insured upto a maximum of Rs.1,00,000 (Rupees One Lakh) for both principal and interest
9. Which of the following countries has declared years 2020 as the ‘Unique Year for Space Sector’?
   A) India
   B) Russia
   C) China
   D) UAE
   
   View Answer

     Option D
   Explanation: The United Arab Emirates (UAE) has highlighted its intention to make 2020 a unique year for the country’s space sector by launching the first Arab probe to Mars. 
10. The newly inaugurated Bandhan Express connects which two stations?
    A) Kolkata-Dhaka
    B) Siliguri-Tongi
    C) Kolkata-Khulna
    D) Durgapur-Kuakata
    
    View Answer

      Option C
    Explanation: A new passenger train between West Bengal and Bangladesh, Bandhan Express, was flagged off by Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina via video conferencing. The train will connect Kolkata to Khulna in Bangladesh.
11. Who issues Treasury bills (T-bills) in India?
    A) RBI
    B) Central Governemnt
    C) State Governemnt
    D) Both B and C
    
    View Answer

      Option B
    Explanation: Treasury bills are issued by the Government of India.Reserve Bank of India manages and services these securities through its public debt offices. There are no treasury bills issued by State Governments.
12. The Union Government has set up a high level committee to address the problem of NPAs in India’s power sector. Who is the head of the committee?
    A) Rajiv Kumar
    B) Bibek Debroy
    C) Amitabh Kant
    D) Arun Jaitley
    
    View Answer

      Option C
    Explanation: The government has set up a high-level committee headed by NITI Aayog chief executive Amitabh Kant to address the problem of stressed assets in India’s power sector. Non-performing assets (NPAs) in power generation accounted for around 5.9% of the banking sector’s.
13. Where is the JSCA International Stadium situated?
    A) Ludhiana, Punjab
    B) Faridabad, Haryana
    C) Patna, Bihar
    D) Ranchi, Jharkhand
    
    View Answer

      Option D
    Explanation: Jharkhand States Cricket Association International Cricket Stadium also known as JSCA International Stadium Complex, is situated in Ranchi, India an eastern city of India.
14. Who among the following has been appointed as the ambassador of World Packaging Organisation?
    A) AVPS Chakravarthi
    B) Iwan Heynen
    C) Marijn van Utteren
    D) Ron Linssen
    
    View Answer

      Option A
    Explanation: Ecobliss India managing director AVPS Chakravarthi has been appointed as the ambassador of World Packaging Organisation at its 99th board meeting held in Rio de Geneiro, Brazil recently.
15. Which country has won the first edition of the 2017 South Asian Regional Badminton Tournament (team championship)?
    A) Pakistan
    B) India
    C) Sri Lanka
    D) Nepal
    
    View Answer

      Option B
    Explanation: India beat Nepal 3-0 to win the first ever South Asian Regional Badminton Tournament (team championship) held at Guwahati, Assam.
16. Who manages Rural Infrastructure Development Fund (RIDF)?
    A) SEBI
    B) Government of India
    C) RBI
    D) NABARD
    
    View Answer

      Option D
    Explanation: The RIDF was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects. The Fund is maintained by the National Bank for Agriculture and Rural Development (NABARD).
17. India successfully test fired first of its kind medium range surface-to-air missile with indigenous radio frequency seeker on December 5, 2017. Name the missile.
    A) AKASH
    B) GAGAN
    C) AMBAR
    D) BADAL
    
    View Answer

      Option A
    Explanation: The Surface to Air Missile AKASH with indigenous radio frequency seeker against target Banshee has been successfully launched from Chandipur, Odisha. With this success, India has achieved the capability of making any type of Surface to Air Missile.
18. What is the capital of Eritrea?
    A) Bangui
    B) Asmara
    C) Beijing
    D) Dublin
    
    View Answer

      Option B
19. The Reserve Bank of India has kept the Bank Rate at _____ percent in its 5th bi-monthly monetary policy review.
    A) 6%
    B) 6.50%
    C) 6.25%
    D) 5.9%
    
    View Answer

      Option C
    Explanation: Repo Rate: Unchanged at 6%
    Revrese Repo Rate: Unchanged at 5.75%
    Marginal Standing Facility (MSF) Rate: Unchanged at 6.25%
    Bank Rate: Unchanged at 6.25%
    Cash Reserve Ratio: Unchanged at 4%
    Statutory Liquidity Ratio (SLR): Unchanged at 19.5%
20. What does N stands for in NUUP?
    A) Network
    B) Neutral
    C) National
    D) Net
    
    View Answer

      Option C
    Explanation: NUUP (National Unified USSD Platform) is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers

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