GA Revision for IBPS Clerk and RBI Exams — Set 37

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 of the following is correct in the context of over night market?
    A) It is a money market term
    B) It is the shortest term loan
    C) The borrower returns the capital and interest at the start of the next business day under this arrangement
    D) All of these
    View Answer
      Option D
  2. Name the first women to be appointed as the Secretary General of the Lok Sabha
    A) Meenakshi Lekhi
    B) Snehlata Shrivastava
    C) Kothapalli Geetha
    D) Ranee Narah
    View Answer
      Option B
    Explanation:
    Snehlata Shrivastava has been appointed as the new Secretary General of the Lok Sabha.
    She will be the first woman secretary general of the Lok Sabha and will assume charge on 1 December.
    Her tenure will end on 30 November, 2018.
  3. Thodupuzha Vasanthi who passed away recently was related to which profession?
    A) Acting
    B) Singing
    C) Journalism
    D) Politicis
    View Answer
      Option A
    Explanation:
    Popular stage, Malayalam TV and film actress Thodupuzha Vasanthi has passed away at 65.
  4. Which among the following Indian states has become the first to endorse the triple talaq draft bill of the Central government?
    A) Maharashtra
    B) Bihar
    C) Uttar Pradesh
    D) Haryana
    View Answer
      Option C
    Explanation:
    Uttar Pradesh has become the first State to endorse the Central government’s draft bill that makes instant triple talaq a cognisable and non-bailable offence.
  5. The 2018 Golf World Cup will be held in which city?
    A) Sydney
    B) Melbourne
    C) Brisbane
    D) Canberra
    View Answer
      Option B
    Explanation:
    Organizers of the golf World Cup announced that Melbourne (city in Victoria, Australia) will host the grand team event for the third straight time in 2018.
  6. Clouded Leopard National Park is located in which state?
    A) Rajasthan
    B) Gujarat
    C) Tripura
    D) Assam
    View Answer
      Option C
  7. In collaboration with Israel, India is going to set up a centre for excellence in floriculture in which state of India?
    A) Tamil Nadu
    B) Maharashtra
    C) Andhra Pradesh
    D) Punjab
    View Answer
      Option A
    Explanation:
    India and Israel are coming together to set up a centre for excellence in floriculture at Thally in Krishnagiri district of Tamil Nadu. The centre is the first agro-technology development centre to be set up with Israel’s assistance in the state.
  8. When is the World Vegan Day observed?
    A) November 7
    B) November 5
    C) November 2
    D) November 1
    View Answer
      Option D
  9. SEBI is authorized to punish any company for violation of which of the following acts?
    A) Negotiable Instruments Act
    B) Banking Regulation Act
    C) RBI act
    D) All of these
    View Answer
      Option A
  10. Which among the given days is observed on December 7?
    A) International Mountain Day
    B) Armed Forces Flag Day
    C) Indian Navy Day
    D) Vijay Diwas
    View Answer
      Option B
    Explanation: 
    The Armed Forces Flag Day is being observed on 7th December throughout the country. The day observed since 1949, has become a tradition to remember the sacrifices and commemorate the honour to the soldiers, airmen and sailors. It is dedicated towards collection of funds from people for the welfare of the Armed Forces personnel. 
  11. Gaborone is the capital of which country?
    A) Finland
    B) Cambodia
    C) Botswana
    D) Honduras
    View Answer
      Option C
  12. Who has been named as the new President of Zimbabwe?
    A) Morgan Tsvangirai
    B) Robert Mugabe
    C) Jacob Francis
    D) Emmerson Mnangagwa
    View Answer
      Option D
    Explanation:
    Zimbabwe’s former Vice President Emmerson Mnangagwa will be sworn in as President, succeeding friend-turned-foe Robert Mugabe.
  13. Which state has signed an MoU with Vindhya E-Infomedia Private Limited to establish World’s first Information Technology (IT) campus for persons with disabilities?
    A) Maharashtra
    B) Telangana
    C) Gujarat
    D) Uttar Pradesh
    View Answer
      Option B
    Explanation:
    Telangana government has signed an agreement with Vindhya E-Infomedia Private Limited to set up World’s first Information Technology (IT) campus for persons with disabilities that will focus on creating employment opportunities for them.
  14. What does R stands for in MDR?
    A) Right
    B) Ratio
    C) Rate
    D) Reserve
    View Answer
      Option C
    Explanation:
    Merchant Discount Rate – The rate charged to a merchant by a bank for providing debit and credit card services.
  15. Who has been appointed as the head of the panel formed by the Union Government to address the problem of NPAs in India’s power sector?
    A) Rajiv Kumar
    B) Bibek Debroy
    C) Arun Jaitley
    D) Amitabh Kant
    View Answer
      Option D
    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.
  16. Which country has won the first ever South Asian Regional Badminton Tournament 2017 held in Assam?
    A) India
    B) Pakistan
    C) Nepal
    D) Sri lanka
    View Answer
      Option A
    Explanation:
    India beat Nepal 3-0 to win the first ever South Asian Regional Badminton Tournament (team championship) held at Guwahati, Assam.
  17. Airtel Payments Bank is a joint venture between Bharti Airtel Ltd and which among the following banks?
    A) Yes Bank
    B) Kotak Mahindra Bank
    C) State Bank of India
    D) Punjab National Bank
    View Answer
      Option B
    Explanation:
    Airtel Payments Bank (APB) is a joint venture between Bharti Airtel Ltd and Kotak Mahindra Bank Ltd. Joint venture ratio is 80 : 20 respectively.
  18. India’s GDP is expected to grow at ____ percent in 2018 instead of previous estimate of 6.4 percent according to the latest data by Morgan Stanley.
    A) 7.4%
    B) 7.1%
    C) 7.7%
    D) 7.5%
    View Answer
      Option D
    Explanation:
    According to global financial services major Morgan Stanley, the Indian economy is expected to witness cyclical growth recovery, with real gross domestic product (GDP) growth likely to accelerate from 6.4% this year to 7.5% in 2018 and further to 7.7% in 2019.
  19. Satnam Singh Bhamara is related with which sports?
    A) Tennis
    B) Badminton
    C) Basketball
    D) Snooker
    View Answer
      Option C
  20. The Insolvency and Bankruptcy Code (IBC) was passed in which year by the Lok Sabha?
    A) 2016
    B) 2015
    C) 2014
    D) 2013
    View Answer
      Option A
    Explanation:
    The Insolvency and Bankruptcy Code, 2015 was introduced in Lok Sabha in December 2015. It was passed by Lok Sabha on 5 May 2016.

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172 Thoughts to “GA Revision for IBPS Clerk and RBI Exams — Set 37”

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