GA Revision for IBPS Clerk and Syndicate Bank Exams — Set 78

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. How much amount has been sanctioned by the Union Government recently to improve the network connectivity in the Northeast region of India?
    A) Rs 15000 crore
    B) Rs 10000 crore
    C) Rs 20000 crore
    D) Rs 25000 crore
    View Answer
      Option B
    Explanation:
    The Centre has sanctioned projects over 10,000 crore rupees in the North East for better network connectivity. 2 MoUs have been signed to cover the uncovered areas in the North East including Assam and Arunachal Pradesh.
  2. What is the maximum amount that can be invested in the Kisan Vikas Patra (KVP)?
    A) Rs 5,000
    B) Rs 10,000
    C) Rs 50,000
    D) No upper limit
    View Answer
      Option D
    Explanation:
    KVP certificates are available in the denominations of Rs 1000, Rs 5000, Rs 10000 and Rs 50000. The minimum amount that can be invested is Rs 1000. However, there is no upper limit on the purchase of KVPs.
  3. The taxi hailing app, Ola has tied up with which bank to provide wide range of integrated offers to customers and driver-partners?
    A) ICICI Bank
    B) State Bank of India
    C) Bank of Baroda
    D) Axis Bank
    View Answer
      Option A
    Explanation:
    Cab-hailing app Ola has partnered with ICICI Bank to offer a range of integrated services to customers and driver-partners. As part of the tie-up, customers of ICICI Bank will be able to book Ola rides and pay the fare through the bank’s mobile banking platforms — ‘iMobile’ and ‘Pockets’. ICICI Bank will also offer a ‘Pay Direct’ card for Ola’s driver partners.
  4. What is the capital of Malta?
    A) Rome
    B) Riga
    C) Valletta
    D) Lisbon
    View Answer
      Option C
    Explanation:
    Currency- Euro
  5. The eminent Urdu poet, ________, well known to translate Bhagavad Gita from Hindi to Urdu passed away recently
    A) Anwar Jalalpuri
    B) Sabir Zafar
    C) Jazib Qureshi
    D) Rahat Indori
    View Answer
      Option A
    Explanation:
    Eminent Urdu poet Anwar Jalalpuri, also known for his translation of the Bhagavad Gita from Hindi to Urdu, has passed away.
  6. What does LCR stands for?
    A) Long Term Current Ratio
    B) Loan to Credit Rate
    C) Liability to Credit Rate
    D) Loan to Cost Ratio
    View Answer
      Option D
    Explanation:
    LCR-Loan to Cost Ratio
  7. Who among the following has recently been appointed as a Government interlocutor to hold talks with the United Liberation Front of Assam (ULFA)?
    A) A. S. Syali
    B) AB Mathur
    C) Anil Dhasmana
    D) Rameshwar Nath Kao
    View Answer
      Option B
    Explanation:
    The Central Government has appointed AB Mathur as the interlocutor on their behalf to hold talks with the United Liberation Front of Assam (ULFA). A 1975-batch IPS officer, Mathur served as the former Special Secretary of Research and Analysis Wing (RAW).
  8. Nizamabad in Andhra Pradesh is situated along the banks of the river ________
    A) Pennar
    B) Kaveri
    C) Godavari
    D) Mahanadi
    View Answer
      Option C
  9. Which city will host the first edition of the India-UK Createch Summit in 2018?
    A) Bangaluru
    B) Mumbai
    C) Hyderabad
    D) New Delhi
    View Answer
      Option B
    Explanation:
    The United Kingdom’s Department for International Trade (DIT) will hold the India-UK Createch Summit in Mumbai on February 6. This first-of-its-kind conference will celebrate and explore the convergence of creativity and technology – Createch – and the innovations produced by its application across a range of sectors.
  10. Which among the following is a subsidiary of the Reserve Bank of India?
    I. Bharatiya Reserve Bank Note Mudran Private Limited
    II. National Housing Bank
    III. Deposit Insurance and Credit Guarantee Corporation
    A) Only II
    B) Both II & III
    C) Both I & III
    D) All of the Above
    View Answer
      Option D
    Explanation: 
    There are Mainly Four Subsidiaries of RBI
    National Housing Bank (NHB)
    Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
    National Bank for Agriculture and Rural Development (NABARD)
    Deposit Insurance and Credit Guarantee Corporation (DICGC)
  11. The virtual ID initiative recently unveiled by Unique Identification Authority of India to strengthen the privacy and security of Aadhaar data is a _____ digit number
    A) 15
    B) 11
    C) 16
    D) 9
    View Answer
      Option C
    Explanation:
    In an attempt to address security and privacy concerns around leakage of Aadhaar numbers and data, the Unique Identification Authority of India introduced two new measures – virtual ID and limited KYC. The virtual identity or virtual ID will be a random 16-digit number mapped to the Aadhaar number of a citizen, and will come with an expiration date. 
  12. The Hazaribagh National Park is located in which state?
    A) Uttar Pradesh
    B) Bihar
    C) Madhya Pradesh
    D) Jharkhand
    View Answer
      Option D
  13. Which state is reported to have the highest gross enrolment ratio (GER) in higher education in India, according to the All India Survey on Higher Education (AISHE) for the year 2016-17?
    A) Tamil Nadu
    B) Kerala
    C) Andhra Pradesh
    D) Telangana
    View Answer
      Option A
    Explanation:
    Tamil Nadu had the highest GER in the country at 46.9 per cent. Bihar is at the bottom with 14.9 per cent of its youth in the age group of 18 to 23 enrolling for higher education.
  14. The Government of India is charged with the production and supply of coins to the Reserve Bank of India(RBI) under which Act?
    A) The Coinage Act, 1910
    B) The Coinage Act, 1906
    C) The Coinage Act, 1923
    D) The Coinage Act, 1917
    View Answer
      Option B
  15. When is the Universal Health Coverage Day observed?
    A) December 12
    B) November 28
    C) January 3
    D) December 19
    View Answer
      Option A
  16. What is the new foreign direct investment (FDI) limit allowed by the Union government in single-brand retail trading?
    A) 74%
    B) 49%
    C) 100%
    D) 26%
    View Answer
      Option C
    Explanation:
    In major changes liberalising foreign direct investment in key sectors, the Union Cabinet approved 100 per cent foreign investment in single brand retail trading (SBRT) and construction development and decided to open up Air India for FDI up to 49 per cent. 
  17. The famous tennis player Bruno Soares belongs to which country?
    A) Argentina
    B) Brazil
    C) England
    D) Belgium
    View Answer
      Option B
  18. What is the rank of India in the Global Manufacturing Index 2018 released by the World Economic Forum (WEF)?
    A) 37
    B) 21
    C) 29
    D) 30
    View Answer
      Option D
    Explanation:
    The World Economic Forum (WEF) has ranked India at 30th position on a global manufacturing index. 
  19. Which section of the Banking Regulation Act 1949 empowers Reserve Bank of India to impose penalty?
    A) Section 47A
    B) Section 49A
    C) Section 46A
    D) Section 55A
    View Answer
      Option A
  20. Name the bank which has tied up with the Hedge Equities Ltd to provide Portfolio Investment Scheme (PIS) services to NRIs
    A) Kotak Mahindra bank
    B) Federal Bank
    C) IndusInd Bank
    D) Bank of India
    View Answer
      Option B
    Explanation:
    Federal Bank has entered into a strategic partnership with Hedge Equities Ltd for providing Portfolio Investment Scheme (PIS) services to NRIs.

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