GA Revision for IBPS Clerk and RBI Exams — Set 51

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. The World Bank has approved a loan amount of USD _____ million for the Uttar Pradesh Tourism Project
    A) USD 50 million
    B) USD 40 million
    C) USD 70 million
    D) USD 60 million
    View Answer
      Option B
    Explanation:
    Loan worth USD 40 million for a tourism project in the Indian state of Uttar Pradesh was approved by the World Bank Board of Executive Directors.
  2. In which state is Nizam Sagar Dam situated?
    A) Telangana
    B) Jharkhand
    C) Maharashtra
    D) Haryana
    View Answer
      Option A
  3. What does F stands for in SFMS?
    A) Fund
    B) Finance
    C) Federation
    D) Financial
    View Answer
      Option D
    Explanation:
    SFMS- Structured Financial Messaging System
  4. Who among the following has been named the best youth boxer of the year 2017 by the Asian Boxing Confederation?
    A) Vikas Krishan
    B) Nanao Singh
    C) Sachin Siwach
    D) Sanjay Swaran
    View Answer
      Option C
    Explanation:
    World youth champion Sachin Siwach has been named the Asian Boxing Confederation’s best youth boxer of the year after winning an online poll conducted by the continental body.
  5. What is the capital of Montenegro?
    A) Lusaka
    B) Tashkent
    C) Podgorica
    D) Malabo
    View Answer
      Option C
  6. Which of the following words has been declared as the Word of the Year 2017 by Oxford English Dictionaries?
    A) Youthquake
    B) Populism
    C) Feminism
    D) Fake News
    View Answer
      Option A
    Explanation:
    The Oxford English has come out with its Word of the Year, and it’s a word called — youthquake. Oxford’s definition is as follows: “A significant cultural, political, or social change arising from the actions or influence of young people.”
  7. Identify the false statement.
    A) Regional Rural Banks are insured by DICGC.
    B) DICGC insures current deposits
    C) DICGC insures Deposits of Central Government
    D) All are true
    View Answer
      Option C
    Explanation:
    DICGC insures all bank deposits, such as saving, fixed, current, recurring, etc. except the following types of deposits.
    (i) Deposits of foreign Governments;
    (ii) Deposits of Central/State Governments;
    (iii) Inter-bank deposits;
    (iv) Deposits of the State Land Development Banks with the State co-operative banks;
    (v) Any amount due on account of and deposit received outside India;
    (vi) Any amount which has been specifically exempted by the corporation with the previous approval of the RBI.
  8. The Union Government has set up a high level committee to address the problem of NPAs in India’s power sector. Who has been appointed as the head of this panel?
    A) Rajiv Kumar
    B) Amitabh Kant
    C) Arun Jaitley
    D) Bibek Debroy
    View Answer
      Option B
    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.
  9. Yakshagana is the folk dance of which of the following states?
    A) Karnataka
    B) Rajasthan
    C) Himachal Pradesh
    D) West Bengal
    View Answer
      Option A
  10. In its revised GDP prediction, the global financial services major Morgan Stanley has projected the GDP growth rate of Indian economy to grow at ____ percent in 2018 as compared to the previous estimate of 6.4 percent.
    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.
  11. When a bank invests its fund in government security it is known as?
    A) Hedge Banking
    B) Narrow Banking
    C) Universal Banking
    D) Asset Banking
    View Answer
      Option B
    Explanation:
    Narrow banking would restrict banks to holding liquid and safe government bonds.
  12. What is the current Repo Rate?
    A) 6%
    B) 5.75%
    C) 6.25%
    D) 6.50%
    View Answer
      Option A
    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%
  13. What is the currency of Egypt?
    A) Franc
    B) Pound
    C) Dollar
    D) Koruna
    View Answer
      Option B
  14. 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).
  15. Recently, the IndusInd Bank received the approval of the Competition Commission of India for the merging with which Micro-finance company?
    A) Annapurna Microfinance Private Limited
    B) BSS Microfinance Private Limited
    C) Bharat Financial Inclusion Ltd
    D) Share Microfin Limited
    View Answer
      Option C
    Explanation:
    Fair trade regulator CCI has approved the scheme of amalgamation between IndusInd Bank and Bharat Financial Inclusion. IndusInd Bank in October decided to acquire country’s leading microfinance player Bharat Financial Inclusion Ltd (BFIL). 
  16. What is the deadline set by the government of India for the registration of motor vehicles conforming to Emission Standard Bharat Stage-IV?
    A) 30 April 2020
    B) 30 June 2020
    C) 30 April 2018
    D) 30 June 2018
    View Answer
      Option B
  17. An account will be classified as dormant if there are no transactions in the account for a period of ____ months.
    A) 12 months
    B) 60 months
    C) 24 months
    D) 36 months
    View Answer
      Option C
    Explanation:
    In 2 years
  18. Ekta Bisht is related to which sports?
    A) Wrestling
    B) Tennis
    C) Athletics
    D) Cricket
    View Answer
      Option D
    Explanation:
    Ekta Bisht is the only cricketer to find a place in the both ICC women’s ODI and T20 Teams of the year 2017.
  19. The ICC Intercontinental Cup 2017 has been won by which country?
    A) Afghanistan
    B) United Arab Emirates
    C) Ireland
    D) Scotland
    View Answer
      Option A
    Explanation:
    Afghanistan grabbed the ICC Intercontinental Cup defeating United Arab Emirates by 10 wickets on the fourth and final day at the Sheikh Zayed Stadium in Abu Dhabi, UAE.
  20. When is the National Press Day observed?
    A) October 11
    B) November 16
    C) December 17
    D) September 13
    View Answer
      Option B

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3 Thoughts to “GA Revision for IBPS Clerk and RBI Exams — Set 51”

  1. Sachin shukla( Banker 2018)

    ty

  2. bochan ;p

    ty merry xmas to az team

    1. Monika

      Merry Christmas:)))

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