GA Revision for IBPS Clerk and RBI Exams — Set 69

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 among the given organisations is not a part of the World Bank Group?
   A) International Bank for Reconstruction and Development (IBRD)
   B) International Centre for Settlement of Investment Disputes (ICSID)
   C) International Monetary Fund (IMF)
   D) International Development Association (IDA)
   
   View Answer

     Option C
   Explanation: The World Bank Group consists of five member institutions namely IBRD, IDA, IFC, MIGA and ICSID
2. The Pakistan Navy recently test fired its indigenously built Harba Naval Cruise Missile to respond to any aggression. Harba is a type of______________ anti-ship missile
   A) surface-to-air
   B) surface-to-surface
   C) air-to-surface
   D) air-to-air
   
   View Answer

     Option B
   Explanation: The Pakistan Navy conducted test fire of a cruise missile namely Harba Naval Cruise Missile, which is a surface-to-surface anti-ship missile, from its newly commissioned Fast Attack Craft (Missile), PNS Himmat, off Karachi in the North Arabian Sea.
3. Saang is a popular folk dance of which state?
   A) Bihar
   B) Jharkhand
   C) Uttar Pradesh
   D) Haryana
   
   View Answer

     Option D
4. Many a times we hear about ECGC in news which is an export promotion organization that provides export credit insurance support to Indian exporters to improve their competitiveness. What does “G” stands for in ECGC?
   A) Guarantee
   B) General
   C) Government
   D) Grameen
   
   View Answer

     Option A
   Explanation: Export Credit Guarantee Corporation of India Ltd
5. Which state has emerged as the first Indian state to have a National Park for differently abled people?
   A) Tamil Nadu
   B) Odisha
   C) Haryana
   D) Telangana
   
   View Answer

     Option D
   Explanation: Telangana government has inaugurated country’s first National Park for people with special needs in Hyderabad. The park has speech therapist, physiotherapist, vocational training instructors for the differently-abled children. The park will benefit those differently-abled children, who want to move forward and thrive in life
6. Who is the author of the coffee table book titled ‘Bollywood: The Films! The Songs! The Stars!’?
   A) S.M.M. Ausaja, Karan Bali, Rajesh Devraj and Tanul Thakur
   B) Amish Tripathi, Sudha Murthy and Rohinton Mistry
   C) Ravinder Singh, Durjoy Datta, Ashwin Sanghi and Upamanyu Chatterjee
   D) Karan Bali, Rohinton Mistry, Durjoy Datta and Anita Nair
   
   View Answer

     Option A
   Explanation: The book, titled ‘Bollywood: The Films! The Songs! The Stars!’, is a coffee table book, which provides historical insights, lesser-known facts and behind-the-scene exclusives of the most iconic movies made in the history of the Indian film industry. The book is co-authored by S.M.M. Ausaja, Karan Bali, Rajesh Devraj and Tanul Thakur. 
7. The headquarters of The Royal Bank of Scotland is located in which city?
   A) Edinburgh
   B) London
   C) Manchester
   D) Bristol
   
   View Answer

     Option A
   Explanation: Edinburgh, United Kingdom
8. Podgorica is the capital of which country?
   A) Serbia
   B) Kosovo
   C) Bosnia and Herzegovina
   D) Montenegro
   
   View Answer

     Option D
9. What is the current Reverse Repo Rate?
   A) 5.25%
   B) 6%
   C) 5.75%
   D) 5.50%
   
   View Answer

     Option C
   Explanation: Repo Rate: Unchanged at 6%
   Reverse 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%
10. The Global Economic Prospects report is published by which organisation?
    A) International Monetary Fund
    B) World Bank
    C) World Economic Forum
    D) United Nations
    
    View Answer

      Option B
11. Which of the following statements is true regarding semi closed e-wallets?
    (i) semi-closed e-wallet allows user to redeem or withdraw cash as and when required.
    (ii) the customer does not earn any interest on the money kept in semi closed e-wallets.
    (iii) Such PPI’s do not have any limit of balance at any point of time.
    A) Only (ii)
    B) Only (iii)
    C) Only (ii) & (iii)
    D) None of the Above
    
    View Answer

      Option A
    Explanation: The owner of the semi-closed e-wallet is not allowed to redeem or withdraw cash from the wallet and is required to use the credit to make online payments. Balance in such PPIs cannot exceed Rs 20,000 at any point of time. The merchants can transfer funds from such PPIs to their own linked bank accounts up to Rs 50,000 per month, without any limit per transaction
12. The Pobitora Wildlife sanctuary is situated in which state?
    A) Assam
    B) Manipur
    C) Arunachal Pradesh
    D) Odisha
    
    View Answer

      Option A
13. Which among the following ports will host the 9th edition of International Youth Sailing Competition of India?
    A) Kakinada Deep Water Port
    B) Visakhapatnam Port
    C) Krishnapatnam Port
    D) Tuticorin Port
    
    View Answer

      Option C
    Explanation: Krishnapatnam Port in Nellore, Andhra Pradesh, is hosting the 9th edition of International Youth Sailing Competition of India from December 27th to December 31st 2017.
14. What is the FDI limit in Power Exchanges ?
    A) 26%
    B) 49%
    C) 74%
    D) 100%
    
    View Answer

      Option B
15. India’s first National Rail and Transport University (NRTU) will be established in which of the given states?
    A) Telangana
    B) Maharashtra
    C) Haryana
    D) Gujarat
    
    View Answer

      Option D
    Explanation: The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Ministry of Railways’ transformative initiative to set up the first ever National Rail and Transport University (NRTU) in Gujarat’s Vadodara.
16. Where is the headquarters of FATF (Financial Action Task Force) situated?
    A) Paris
    B) Shanghai
    C) Singapore
    D) Kathmandu
    
    View Answer

      Option A
    Explanation: Paris, France
17. The 25th edition of National Children Science Congress (NCSC-2017) was held in which state?
    A) Gujarat
    B) West Bengal
    C) Haryana
    D) Madhya Pradesh
    
    View Answer

      Option A
    Explanation: The 25th edition of National Children Science Congress (NCSC-2017) was held Gandhinagar, Gujarat from 27 to 31 December, 2017.
18. The first ever merger of Railway Budget with General Budget was based on the recommendations of a high level Committee under the chairmanship of ________
    A) M Veerappa Moily
    B) Shri Bibek Debroy
    C) A K Sinha
    D) TVSN Prasad
    
    View Answer

      Option B
19. The Government of India has slashed the interest rates on Small Saving Schemes by ______ basis point (bps) for the fourth quarter of the fiscal (January-March)
    A) 20
    B) 15
    C) 10
    D) 25
    
    View Answer

      Option A
    Explanation: The government has reduced the interest rates on small saving schemes, including National Savings Certificates (NSCs), Public Provident Fund (PPF) and Kisan Vikas Patra (KVP), by 0.2 percentage point for the fourth quarter of the fiscal (January-March).
20. Which of the given days is observed on November 21 each year?
    A) International Day for the Elimination of Violence Against Women
    B) World Philosophy Day
    C) World Fisheries Day
    D) World Day of Remembrance for Road Traffic Victims
    
    View Answer

      Option C
    Explanation: World Television Day is also observed on November 21

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