GA Revision for IBPS Clerk and RBI Exams — Set 65

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 economic system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods are offered for sale is known as ______
    A) Free-market Economy
    B) True-cost Economy
    C) Socialist Economy
    D) Command Economy
    View Answer
      Option D
    Extra Info:
    The command economy is a key feature of any communist society.
  2. In recent past, famous actor Vettoor Purushan, passed away. He worked for which cinema?
    A) Malayalam
    B) Tamil
    C) Telegu
    D) Kannada
    View Answer
      Option A
    Explanation:
    Veteran Malayalam actor Vettoor Purushan, who had essayed roles in 70 odd films, has passed away.
  3. Asiatic Lion is the state animal of_____
    A) Uttar Pradesh
    B) West Bengal
    C) Gujarat
    D) Punjab
    View Answer
      Option C
  4. How much amount of Loan Agreement has been signed between India and the World Bank for Odisha Higher Education Programme for Excellence and Equity (OHEPEE) Project?
    A) USD 119 million
    B) USD 222 million
    C) USD 155 million
    D) USD 270 million
    View Answer
      Option A
    Explanation: A Financing Agreement for IBRD loan of US$ 119 million for the “Odisha Higher Education Programme for Excellence & Equity (OHEPEE) Project”was signed with the World Bank.
  5. Which among the given banks has recently signed an MoU with the Innovation Centre Denmark India (ICDK India) to bring fintech innovations and startups from Denmark to India?
    A) Axis Bank
    B) ICICI Bank
    C) HDFC Bank
    D) Yes Bank
    View Answer
      Option D
    Explanation:
    Private sector lender Yes Bank has signed a Memorandum of Understanding (MoU) with Innovation Centre Denmark India (ICDK India), a partnership between the Ministry of Foreign Affairs of Denmark and the Danish Ministry of Higher Education and Science to bring fintech innovations and startups from Denmark to India, and facilitate entry of Indian startups to the region.
  6. Shiv Kapur is related to which of the following sports?
    A) Golf
    B) Badminton
    C) Hockey
    D) Discuss Throw
    View Answer
      Option A
  7. Lalgarh Palace is in which state?
    A) Hyderabad, Telangana
    B) Thrissur, Kerala
    C) Bikaner, Rajasthan
    D) Mysuru, Karnataka
    View Answer
      Option C
  8. The Global Gender Gap Report is released by which organization?
    A) Asian Development Bank
    B) International Monetary Fund
    C) World Bank
    D) World Economic Forum
    View Answer
      Option D
    Explanation:
    The Global Gender Gap Report was first published in 2006 by the World Economic Forum. The Global Gender Gap Index is an index designed to measure gender equality.
  9. The Nagarhole National Park is in which state?
    A) Madhya Pradesh
    B) Karnataka
    C) Kerala
    D) Gujarat
    View Answer
      Option B
  10. The AU Small Finance Bank has received the approval of Reserved Bank of India (RBI) to operate as Scheduled Commercial Bank under which of the following Acts?
    A) Banking Companies (Legal Practitioner Clients’ Accounts) Act 1949
    B) Banking Regulation Act, 1949
    C) Reserve Bank of India Act, 1934
    D) Industrial Finance Corporation of India Act–1948
    View Answer
      Option C
    Explanation:
    AU Small Finance Bank received approval from Reserved Bank of India (RBI) to operate as Scheduled Commercial Bank. AU Small Finance Bank’s name has now been included in the Second Schedule of Reserve Bank of India Act, 1934.
  11. Chhatrapati Shivaji Stadium is located in which state?
    A) Madhya Pradesh
    B) Rajasthan
    C) Maharashtra
    D) Haryana
    View Answer
      Option C
  12. Retail firm Walmart has opened its first dark store (fulfilment centre) in which Indian city?
    A) Bhiwandi
    B) Navi Mumbai
    C) Noida
    D) Bhiwani
    View Answer
      Option A
    Explanation:
    Walmart Stores has opened a fulfilment centre, or ‘dark store’, at Bhiwandi near Mumbai  in India, one of its first globally, in an effort to speed up operations in the country, which is fast adopting online retail services.
  13. The Indian Ocean Rim Association (IORA) is located in______
    A) Rabat, Morocco
    B) Ebene, Mauritius
    C) Madrid, Spain
    D) Paris, France
    View Answer
      Option D
  14. What does I stands for in LTIF
    A) Infrastructure
    B) Insurance
    C) Irrigation
    D) Incentive
    View Answer
      Option C
    Explanation:
    LTIF-Long Term Irrigation Fund
  15. The World Day for Audiovisual Heritage is observed on ______
    A) December 21
    B) October 27
    C) November 12
    D) January 7
    View Answer
      Option B
    Explanation:
    The World Day for Audiovisual Heritage takes place every 27 October. This commemorative day was chosen by UNESCO in 2005 to raise of awareness of the significance of and preservation risks recorded sound and audiovisual documents
  16. Which among the given plans aims to provide good all-weather road connectivity to unconnected villages in India?
    A) PMGSY
    B) PMFBY
    C) PMGKY
    D) PMKVY
    View Answer
      Option A
    Explanation:
    PMGSY-Pradhan Mantri Gram Sadak Yojana
  17. Which section of the Reserve Bank of India Act, 1934 say that in India only the RBI or the central government can issue and accept promissory notes that are payable on demand?
    A) Section 41
    B) Section 18
    C) Section 31
    D) Section 28
    View Answer
      Option C
    Explanation:
    The Section 31 says that in India only the RBI or the central government can issue and accept promissory notes that are payable on demand.
  18. Abdullah bin Nasser bin Khalifa Al Thani is the Prime Minister of which country?
    A) Afghanistan
    B) Saudi Arabia
    C) Iran
    D) Qatar
    View Answer
      Option D
  19. Who is the winner of the Senior National Badminton Championships 2017 in the women’s singles event?
    A) Jwala Gutta
    B) Ashwini Ponnappa
    C) Saina Nehwal
    D) PV Sindhu
    View Answer
      Option C
    Explanation:
    Saina Nehwal defeated PV Sindhu in the Senior National Badminton Championships to clinch the women’s singles title.
  20. What is the dimensions of new Rs 10 bank note?
    A) 63 mm x 123 mm
    B) 63 mm x 150 mm
    C) 63 mm x 145 mm
    D) 63 mm x 132 mm
    View Answer
      Option A
    Explanation:
    The dimension of the new Rs. 10 banknotes will be 63 mm x 123 mm.

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