GA Revision for Syndicate and Canara Bank Exams — Set 86

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 following banks has approved loan worth $583 million for the Reliance’s Bangladesh Liquefied Natural Gas (LNG) and Power Project?
    A) World Bank
    B) Asian Development Bank
    C) Reserve Bank of India
    D) Asian Infrastructure Investment Bank
    View Answer
      Option B
    Explanation:
    The Asian Development Bank’s (ADB) Board of Directors has approved debt financing and partial risk guarantees totaling $583 million to develop the Reliance Bangladesh Liquefied Natural Gas (LNG) and Power Project.
  2. What is the currency of Brazil?
    A) Peso
    B) Euro
    C) Real
    D) Dollar
    View Answer
      Option C
  3. How much amount of loan agreement has been signed between India and the World Bank for India’s SANKALP project?
    A) USD 100 million
    B) USD 150 million
    C) USD 200 million
    D) USD 250 million
    View Answer
      Option D
    Explanation:
    India signed a Financing Agreement for IBRD loan of USD 250 million (equivalent) for the “Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Project” with the World Bank.
  4. What does A stands for in ANBC?
    A) Adjusted
    B) Active
    C) Advance
    D) Account
    View Answer
      Option A
    Explanation:
    Adjusted Net Bank Credit (ANBC)
  5. How much amount of financial loan has been approved by the Asian Development Bank (ADB) for highway upgradation project of Karnataka?
    A) USD 356 million
    B) USD 346 million
    C) USD 366 million
    D) USD 376 million
    View Answer
      Option B
    Explanation:
    Asian Development Bank (ADB) has announced that it will fund highway upgradation project in Karnataka for which it has approved a loan of USD 346 million. The project will carry out a road safety survey to identify critical accident spots across the state highways and carry out measures to improve these.
  6. Where is the headquarter of the International Organization for Migration located?
    A) Geneva, Switzerland
    B) London, United Kingdom
    C) France, Paris
    D) Austria, Vienna
    View Answer
      Option A
  7. Name the bank which has sanctioned loan amount worth USD 335 million for financing the 100-percent electric metro rail project of Bangalore?
    A) Asian Infrastructure Investment Bank
    B) World Bank
    C) Asian Development Bank
    D) International Monetary Fund
    View Answer
      Option A
    Explanation:
    The Asian Infrastructure Investment Bank (AIIB) has approved a USD 335 million loan to finance a 100-per cent electric metro rail project in Bangalore.
  8. The Blue Revolution is related with the development of _____
    A) Fertilizers
    B) Leather
    C) Oil Seeds
    D) Fisheries
    View Answer
      Option D
  9. The Government of India has signed financing agreement for IDA Credit worth USD ____ million with the World Bank for its Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project
    A) USD 100 million
    B) USD 250 million
    C) USD 125 million
    D) USD 200 million
    View Answer
      Option C
    Explanation:
    A financing agreement for IDA Credit worth USD 125 million (equivalent) for the “Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project” was signed by the Government of India and the World Bank. The objective of the operation is to improve access to quality and market-driven vocational training provided in it is and apprenticeships.
  10. Suggi is an important folk dance of which state?
    A) Karnataka
    B) Andhra pradesh
    C) Nagaland
    D) Sikkim
    View Answer
      Option A
  11. How much loan amount has been approved by the World Bank for the Uttar Pradesh Tourism Project?
    A) USD 50 million
    B) USD 40 million
    C) USD 70 million
    D) USD 60 million
    View Answer
      Option B
    Explanation:
    Loan worth USD 40 million for a tourism project in the Indian state of Uttar Pradesh was approved by the World Bank Board of Executive Directors.
  12. Which article of the Constitution of India prohibits the employment of children below the age of 14?
    A) Article 21
    B) Article 22
    C) Article 23
    D) Article 24
    View Answer
      Option D
  13. Which among the listed banks has signed a loan agreement worth USD 318 million with the Government of India for the Tamil Nadu Irrigated Agriculture Modernization Project?
    A) World Bank
    B) Asian Infrastructure Investment Bank
    C) International Monetary Fund
    D) Asian Development Bank
    View Answer
      Option A
    Explanation:
    The Government of India, along with the Government of Tamil Nadu signed a USD 318 million loan agreement with the World Bank, for the Tamil Nadu Irrigated Agriculture Modernization Project to promote climate resilient agriculture technologies, improve water management practices, and increase market opportunities for small and marginal farmers. With the signing of the agreement, it is likely that about 500,000 farmers, of which a majority are small and marginal, are expected to benefit from improved and modernized tank irrigation systems.
  14. The Wardha Warora Coal Power Plant is located in which state of India?
    A) Uttar Pradesh
    B) Madhya Pradesh
    C) Maharashtra
    D) Karnataka
    View Answer
      Option C
  15. How much amount of loan agreement has recently been signed between India and Germany for providing additional funding for the Pare Hydroelectric Plant project under Indo-German Bilateral Development Cooperation?
    A) Euro 20 million
    B) Euro 25 million
    C) Euro 30 million
    D) Euro 15 million
    View Answer
      Option A
    Explanation:
    A Loan agreement and a Guarantee agreement for providing additional funding of Euro 20 million was signed between India and Germany for the project ‘Pare Hydroelectric Plant’ under Indo-German Bilateral Development Cooperation.
  16. For a Small Finance Bank maximum loan size and investment limit exposure to a group obligator is restricted to ____ of its capital funds.
    A) 5%
    B) 10%
    C) 15%
    D) 20%
    View Answer
      Option C
    Explanation:
    Maximum loan size to a single person cannot exceed 10% of total capital funds; cannot exceed 15% in the case of a group.
  17. How much loan amount has been sanctioned by NABARD to Odisha under the Rural Infrastructure Development Fund (RIDF) for irrigation and rural bridge projects of the states?
    A) Rs 342.21 crore
    B) Rs 352.31 crore
    C) Rs 362.41 crore
    D) Rs 372.51 crore
    View Answer
      Option D
    Explanation:
    The NABARD has sanctioned Rs 372.51 crore loan assistance under the Rural Infrastructure Development Fund (RIDF) to Odisha towards irrigation and rural bridge projects for the last quarter of this fiscal.
  18. The Anshi National Park is located in which state?
    A) Goa
    B) Karnataka
    C) Telangana
    D) Haryana
    View Answer
      Option B
  19. Which of the following bank is the sponsor bank of Manipur Rural Bank?
    A) United Bank of India
    B) Union Bank of India
    C) State Bank of India
    D) Canara Bank
    View Answer
      Option A
    Explanation:
    United Bank of India
    Manipur
  20. The Sri Bhramaramba Mallikarjuna Temple is located in which state?
    A) Kerala
    B) Tamil Nadu
    C) Andhra Pradesh
    D) Odisha
    View Answer
      Option C
    Explanation:
    Sri Bhramaramba Mallikarjuna Temple or the Srisailam Temple  is a Hindu temple dedicated to the deities Shiva and Parvati, located at Srisailam in Indian state of Andhra Pradesh

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