GA Revision for IBPS Clerk and RBI Exams — Set 67

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. A type of financial product whose value is derived from the value of an underlying real estate asset is known as _______
   A) Interest Rate Derivative
   B) Property Derivative
   C) Commodity Derivative
   D) Trade Derivative
   
   View Answer

     Option B
   Explanation: Property Derivative  is a financial derivative that fluctuates in value depending on the changes in the value of a real estate asset, usually an index 
2. The state government of Uttar Pradesh is set to establish India’s first conservation reserve for black buck in which of the given cities?
   A) Lucknow
   B) Gorakhpur
   C) Kanpur
   D) Allahabad
   
   View Answer

     Option D
   Explanation: Uttar Pradesh cabinet will make India’s first conservation reserve for black buck in Allahabad’s Meja. It is believed that the decision taken for protection of black deer will also help in wooing tourists there.
3. The maiden edition of the North East Development Summit (NEDS) 2017 was held in which state?
   A) Manipur
   B) Meghalaya
   C) Mizoram
   D) Nagaland
   
   View Answer

     Option A
   Explanation: Manipur hosted the first ever North East Development Summit (NEDS) 2017 in Imphal from November 21-22. Primary objective of organising the festival was to showcase the existing economic potential and to attract outside investors in terms of food processing industry, bamboo industry, fisheries, real estate, etc.
4. Which among the given temples in not situated in Tamil Nadu?
   A) Brihadishvara Temple
   B) Meenakshi Temple
   C) Gomateshwara Temple
   D) Ramanathaswamy Temple
   
   View Answer

     Option C
   Explanation: Gomateshwara Temple is in Karnataka
5. Prabal Dostyk 2017 is a joint military exercise of Indian Army with________
   A) Nepal
   B) Uzbekistan
   C) Indonesia
   D) Kazakhstan
   
   View Answer

     Option D
   Explanation: Troops of Indian and Kazakhstan armies conducted 14-days joint exercise ‘Prabal Dostyk 2017’ from November 2 in Bakloh belt of Himachal Pradesh to strengthen bilateral relations and exchange skills and experiences.
6. Identify the correct statement in relation to Insolvency and Bankruptcy Code
   A) It aims to clean up the balance sheets of public sector banks
   B) It aims to overhaul the existing framework for dealing with insolvency of corporations, individuals, partnerships and other entities.
   C) It aims to liquidate all outstanding debts and clean up bank balance sheets
   D) All of the above
   
   View Answer

     Option B
7. The 2018 Asian Cricket Council (ACC) Emerging Nations Cup will be held in which country?
   A) India
   B) Bangladesh
   C) Pakistan
   D) Afghanistan
   
   View Answer

     Option C
8. Hatlari is a well known fold dance form of which state?
   A) Karnataka
   B) Odisha
   C) Assam
   D) Kerala
   
   View Answer

     Option A
9. Name the Insurance firm that has launched ‘Pro-fit’ platform to provide one-stop solution to all the health-record tracking needs of customers?
   A) New India Assurance Company
   B) L&T General Insurance
   C) Bajaj Allianz General Insurance
   D) ICICI Lombard General Insurance
   
   View Answer

     Option C
10. Name the first Indian state to start a drive of treating Hepatitis-C patients of all categories through oral medicine in the state
    A) Madhya Pradesh
    B) Haryana
    C) Chhattisgarh
    D) Maharashtra
    
    View Answer

      Option B
    Explanation: Haryana has become the first state in the country to treat Hepatitis-C patients of all categories through oral medicine. This medicine would be provided free of cost to permanent residents of all categories at district level.
11. Name the first-ever woman pilot to be inducted in the Indian Navy.
    A) Shubhangi Swaroop
    B) Saarah Ahmed
    C) Avani Chaturvedi
    D) Bhavna Kanth
    
    View Answer

      Option A
    Explanation: In a first, a woman has been inducted as a pilot in the Indian Navy. Shubhangi Swaroop, who hails from Uttar Pradesh, will soon be flying Maritime Reconnaissance aircraft.
12. The Jaldapara National Park is in which state?
    A) Uttarakhand
    B) Chhattisgarh
    C) Jharkhand
    D) West Bengal
    
    View Answer

      Option D
13. The National Disaster Management Authority (NDMA) in collaboration with Facebook organized India Disaster Response Summit in which city in November 2017?
    A) Pune
    B) New Delhi
    C) Bhopal
    D) Mathura
    
    View Answer

      Option B
    Explanation: The Union Minister of State for Home Affairs, Shri Kiren Rijiju inaugurated the India Disaster Response Summit, organised jointly by the National Disaster Management Authority (NDMA) and Facebook, in New Delhi on how best to leverage social media platforms to ‘prepare, respond and recover’ for, during and after a disaster.
14. Which section of the Companies Act, 2013 appeal against NCLAT (National Company Law Appellate Tribunal)?
    A) Section 410
    B) Section 370
    C) Section 480
    D) Section 350
    
    View Answer

      Option A
15. A newly launched passenger train, Bandhan Express, has been developed to connect Indian state of West Bengal with which country?
    A) Afghanistan
    B) Myanmar
    C) Sri Lanka
    D) Bangladesh
    
    View Answer

      Option D
    Explanation: A new passenger train between West Bengal and Bangladesh, Bandhan Express, was flagged off to connect Kolkata to Khulna in Bangladesh. This is the second train to run between West Bengal and Bangladesh after Maitree Express that runs between Dhaka and Kolkata.
16. What is the currency of Indonesia?
    A) Dinar
    B) Riyal
    C) Rupiah
    D) Peso
    
    View Answer

      Option C
    Explanation: Indonesian Rupiah
17. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up under which of the following acts?
    A) Banking Regulation Act, 1949
    B) Companies Act, 1956
    C) Reserve Bank of India Act, 1934
    D) Payment and Settlement Systems Act, 2007
    
    View Answer

      Option B
    Explanation: Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly owned subsidiary on 3rd February 1995 with a view to augmenting the production of bank notes in India to enable the RBI to bridge the gap between the supply and demand for bank notes in the country.
    The BRBNMPL has been registered as a Private Limited Company under the Companies Act 1956 with its Registered and Corporate Office situated at Bengaluru. The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal. 
18. Name the bank which launched the campaign #MuhPeTaala in collaboration with Mumbai Police to promote safe banking
    A) Axis Bank
    B) ICICI Bank
    C) HDFC Bank
    D) Yes Bank
    
    View Answer

      Option A
    Explanation: During the International Fraud Awareness week, Axis Bank in association with Mumbai Police launched its latest campaign #MuhPeTaala to promote safe banking. #MuhPeTaala is the mantra that needs to be followed to prevent cyber banking crimes. 12 to 18 November 2017
19. The Mahatma Gandhi Setu is located in which state of India?
    A) Uttar Pradesh
    B) West Bengal
    C) Bihar
    D) Gujarat
    
    View Answer

      Option C
    Explanation: Mahatma Gandhi Setu is a bridge over the river Ganges connecting Patna in the south to Hajipur in the north of Bihar. Its length is 5,750 metres and it is the second longest river bridge in India
20. What does I stands for in DIDF scheme?
    A) Industrial
    B) Incentive
    C) Irrigation
    D) Infrastructure
    
    View Answer

      Option D
    Explanation: Dairy Processing & Infrastructure Development Fund (DIDF) .

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