GA Revision for IBPS Clerk and RBI Exams — Set 70

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. Ojapali is a traditional folk dance from which region of India?
    A) Andhra Pradesh
    B) Odisha
    C) Assam
    D) West Bengal
    View Answer
      Option C
  2. Which of the following is not true about Immediate Payment Service (IMPS)?
    A) IMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones.
    B) The facility is provided by National Payments Corporation of India through its existing NFS switch.
    C) Internet Banking Account facilitates IMPS to transfer money to any account.
    D) To use IMPS, both the account holder and beneficiary needs to have Mobile Money Identifier (MMID).
    View Answer
      Option D
    Explanation:
    One can choose the IMPS method to transfer money using net banking, mobile banking, ATMs or SMSs. As internet banking also facilitates IMPS, so all internet banking account holders can use IMPS to transfer funds. There are 2 options available here – One is through MMID. And another is through IFSC Code of bank branch of beneficiary (to whose account amount to be transferred), in this option MMID of neither is needed to perform transaction. 
  3. Name the bank whose broking arm has become first ever to get the membership of National Commodity and Derivatives Exchange (NCDEX)
    A) Yes Bank
    B) Axis Bank
    C) ICICI Bank
    D) HDFC Bank
    View Answer
      Option B
    Explanation:
    Axis Securities, a subsidiary of Axis Bank, has become the first-ever broking arm of a bank to take membership of a commodity exchange by registering itself with NCDEX.
  4. The Indira Sagar Dam is situated in which state?
    A) Madhya Pradesh
    B) Haryana
    C) Himachal Pradesh
    D) Rajasthan
    View Answer
      Option A
  5. Which of the following banks launched India’s first automated teller machine (ATM) known as Talking ATM which can be operated independently by a visually impaired person?
    A) State Bank of India
    B) Union Bank of India
    C) Bank of Baroda
    D) Bank of India
    View Answer
      Option B
    Explanation:
    Country’s first automated teller machine (ATM) which can be operated independently by a visually impaired person, know as ‘Talking ATM’ was installed at the premises of the Blind People’s Association (BPA) in Ahmedabad by the Union Bank of India (UBI).
  6. The 26th New Delhi World Book Fair at Pragati Maidan is based on the theme of____
    A) Towards 100 years of Indian Cinema
    B) Suryodaya: Emerging voices from North East India
    C) Environment and Climate Change
    D) Indigenous Voices: Mapping India’s Folk & Tribal Literature
    View Answer
      Option C
    Explanation:
    With Environment and Climate Change as its main theme, the 26th edition of the annual book fair, has been organised in Delhi at Pragati Maidan from January 6-January 14 by National Book Trust, in association with ITPO.
  7. The Eastern India’s first compressed natural gas (CNG) stations have been inaugurated in which state?
    A) Bihar
    B) Jharkhand
    C) West Bengal
    D) Odisha
    View Answer
      Option D
    Explanation:
    Union petroleum minister Dharmendra Pradhan inaugurated eastern India’s first compressed natural gas (CNG) stations at Chandrasekharpur and Patia in Bhubaneswar, Odisha to supply CNG to vehicles. He also launched CNG-run scooters and auto-rickshaws.
  8. SEBI is authorized to punish a company for the violation of which of the following Acts?
    A) Negotiable Instruments Act
    B) Banking Regulation Act
    C) RBI Act
    D) All of the Above
    View Answer
      Option A
  9. The Gulf of Mannar Marine National Park is located in which state of India?
    A) Manipur
    B) Tamil Nadu
    C) Telangana
    D) Arunachal Pradesh
    View Answer
      Option B
  10. The finals of the Ranji Trophy 2017-18 season was held in which stadium?
    A) Holkar Stadium, Indore
    B) Ekana International Stadium, Lucknow
    C) MCA Cricket Stadium, Pune
    D) Rajiv Gandhi International Cricket StadiumHyderabad
    View Answer
      Option A
    Explanation:
    The Holkar Stadium in Indore hosted the final of the Ranji Trophy of the 2017-18 season between December 29 and January 2.
  11. Name the bank responsible to maintain the Principal Accounts of Central as well as State Governments at its Central Accounts Section
    A) RBI
    B) SBI
    C) EXIM
    D) NABARD
    View Answer
      Option A
  12. Who has been conferred with the prestigious National Design Award 2017 by the National Design Research Forum (NDRF)?
    A) Srini R Srinivasan
    B) Priya Paul
    C) G. Satheesh Reddy
    D) Jeevak Badve
    View Answer
      Option C
    Explanation:
    G. Satheesh Reddy, Scientific Adviser to Raksha Mantri and Director General, Missiles and Strategic Systems, has been conferred with the prestigious National Design Award.
  13. Ashgabat is the capital of which country?
    A) Turkmenistan
    B) Zambia
    C) Ukraine
    D) Macedonia
    View Answer
      Option A
    Extra Info:
    Currency-Manat
  14. India Government Mint (IGM),Mumbai has developed India’s high purity gold reference standard ________ which represents gold of ‘9999’ fineness
    A) BND-4101
    B) BND-4100
    C) BND-4201
    D) BND-4200
    View Answer
      Option C
    Explanation:
    India’s first home-grown high purity gold reference standard – the Bharatiya Nirdeshak Dravya (BND-4201) – was launched at the India Government Mint, Mumbai. BND-4201, which is the reference material for gold of ‘9999’ fineness (gold that is 99.99 per cent pure), will be beneficial to the consumers and public at large to ensure purity of gold.
  15. What does MTSS stand for with respect to foreign remittances?
    A) Money Transfer System Scheme
    B) Money Transfer Service Scheme
    C) Money Timing Service Scheme
    D) Money Timing System Scheme
    View Answer
      Option B
    Explanation:
    Money Transfer Service Scheme (MTSS) is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India
  16. Henrietta H Fore has recently been appointed as the new executive director of which organisation?
    A) United Nations
    B) International Labour Organization (ILO)
    C) United Nations Children’s Fund (UNICEF)
    D) UN Women
    View Answer
      Option C
    Explanation:
    United Nations (UN) has appointed former senior US government official Henrietta H Fore as the new executive director of UNICEF. She will succeed William Anthony Kirsopp Lake who assumed office in 2010.
  17. The Bank of Rajasthan Ltd merged with which private sector bank in 2010?
    A) ICICI Bank
    B) Axis Bank
    C) HDFC Bank
    D) Kotak Mahindra Bank
    View Answer
      Option A
  18. The Union Government has planned to borrow just an additional Rs ____ crore from the market in the current fiscal year ending March 2018 amid fiscal deficit fears
    A) Rs 75,000 cr
    B) Rs 60,000 cr
    C) Rs 45,000 cr
    D) Rs 50,000 cr
    View Answer
      Option D
    Explanation:
    The Government has decided to make additional market borrowing of only 50,000 crore in the remaining period of the current fiscal year to meet expenditure. Finance Ministry said that there will be no change in the net borrowing as envisaged in the Budget for the current financial year.
  19. The Bowelay Award is given in which of the following fields?
    A) Sports
    B) Literature
    C) Agriculture
    D) Music
    View Answer
      Option C
  20. Name the first Indian state to launch high-risk pregnancy portal
    A) Rajasthan
    B) Haryana
    C) Maharashtra
    D) Tamil Nadu
    View Answer
      Option B
    Explanation:
    Haryana has achieved the distinction of becoming the first state in the country to launch high-risk pregnancy portal. This portal not only helps in early identification of high-risk pregnant cases up to the grassroots but also ensures their timely referral to the civil hospitals for further management and delivery by specialists.

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