GA Revision for Syndicate and Canara Bank Exams — Set 88

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. In CAD, what does D stands for?
    A) Deficit
    B) Department
    C) Deposits
    D) Division
    View Answer
      Option A
    Explanation:
    CAD-Capital Account Deficit. The current account deficit is a measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the goods and services it exports.
  2. Yes Bank has partnered with which global financial institution to co-finance $400 million funding for renewable power generation project in India?
    A) Asian Infrastructure Investment Bank
    B) Asian Development Bank
    C) European Investment Bank
    D) World Bank
    View Answer
      Option C
    Explanation:
    YES Bank and the European Investment Bank will co-finance $400-million funding for renewable power generation in the country. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank, the project promoters and other financial institutions.
  3. What is the constituency of the Union Minister of Mines, Shri Narendra Singh Tomar?
    A) Pilibhit, Uttar Pradesh
    B) Purvi Champaran, Bihar
    C) Bathinda, Punjab
    D) Gwalior, Madhya Pradesh
    View Answer
      Option D
  4. Name the small finance banks that has signed an MoU with Sahaj e-Village for extending its banking service in remote areas through Business Correspondent Agent (BC) model
    A) Ujjivan Small Finance Bank
    B) Equitas Small Finance Bank
    C) AU Small Finance Bank
    D) Fincare Small Finance Bank
    View Answer
      Option C
    Explanation:
    AU Small Finance Bank has announced signing an MoU with Sahaj e-Village for extending its banking service in remote areas through Business Correspondent Agent (BC) model.
  5. What is the full form of RIDF in banking?
    A) Regional Infrastructure Development Facility
    B) Rural Infrastructure Development Fund
    C) Recovery of Indian Debt Facility
    D) Revenue and Income Development Fund
    View Answer
      Option B
    Explanation:
    RIDF-Rural Infrastructure Development Fund
  6. Name the public sector bank which has entered into an agreement with National e-Governance Services Limited (NeSL) to use its Information Utility Services envisaged under the Insolvency and Bankruptcy Code, 2016.
    A) Bank of Baroda
    B) Syndicate Bank
    C) Allahabad Bank
    D) Union Bank of India
    View Answer
      Option C
    Explanation:
    Allahabad Bank has entered into an agreement with state-run National e-Governance Services Limited (NeSL) for utilizing the latter’s Information Utility Services envisaged under the Insolvency and Bankruptcy Code, 2016. NeSL, owned by the government, is the first Information Utility entity registered by Insolvency and bankruptcy Board of India under IBBI (IU) Regulations, 2017.
  7. Which state government has inked pact with the UNESCO (MGIEP) to set up first-of-its-kind ‘Gaming for Learning Hub’ to benefit students with learning differences?
    A) Tamil Nadu
    B) Kerala
    C) Telangana
    D) Andhra Pradesh
    View Answer
      Option D
    Explanation:
    The Andhra Pradesh Government in association with the UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development (MGIEP) is planning to establish a centre of excellence for children with learning differences as well as a “gaming for e-learning hub”.
  8. The Nagarjuna Sagar Dam is situated across which river?
    A) Krishna
    B) Godavari
    C) Penna
    D) Tungabhadra
    View Answer
      Option A
    Explanation:
    Nagarjuna Sagar Dam was built across the Krishna river at Nagarjuna Sagar which is in between Guntur District and Nalgonda District.
  9. Which firm has signed a definitive agreement to acquire specified assets of debt-laden Reliance Communications (RCom)?
    A) Tata Docomo
    B) Reliance Jio Infocomm (RJio)
    C) Airtel
    D) Reliance Communications
    View Answer
      Option B
    Explanation:
    Mukesh Ambani-led Reliance Jio Infocomm (RJio) has signed a definitive agreement to acquire specified assets of debt-laden Reliance Communications (RCom) and affiliates, controlled by his younger sibling Anil Ambani. The deal is slated to bring relief to RCom which is reeling under debt of around ₹45,000 crore.
  10. How many Regional Rural Banks (RRBs) are currently sponsored by Syndicate Bank?
    A) 4
    B) 1
    C) 2
    D) 3
    View Answer
      Option D
    Explanation:
    Syndicate Bank sponsored the first regional rural bank in India by name Prathama Bank, in Moradabad district Uttar Pradesh on 2 October 1975. Presently, the bank is sponsoring 3 RRBs. These includes Prathama Bank, Karnataka Vikas Grameena Bank, and Andhra Pragathi Grameena Bank
  11. Smartphone manufacturer Samsung partnered with which bank to launch the ‘Bill Payments’ feature for its Samsung Pay service?
    A) ICICI Bank
    B) Bank of Baroda
    C) Axis Bank
    D) Yes Bank
    View Answer
      Option C
    Explanation:
    Smartphone manufacturer Samsung launched its ‘Bill Payments’ on its flagship payments service, Samsung Pay in partnership with Axis Bank. The new feature launched by the company will enable users to pay their utility bills seamlessly via Samsung Pay’s secure and convenient platform.
  12. Which digital classified firm has recently entered into a definitive agreement with HDFC to acquire entire stake in HDFC’s digital and realty units
    A) Quikr
    B) OLX
    C) ebayclassifieds
    D) Click.in
    View Answer
      Option A
    Explanation:
    India’s largest mortgage lender Housing Development Finance Corporation (HDFC) has entered into a definitive agreement with digital classified firm Quikr, to transfer its entire shareholding in HDFC Realty Limited, a real estate brokerage platform; and, HDFC Developers Limited (which runs the HDFC RED platform) to Quikr.
  13. The National Remote Sensing Centre (NRSC), is located in which city?
    A) Bangalore
    B) Hyderabad
    C) Thiruvananthapuram
    D) Ahmedabad
    View Answer
      Option B
    Explanation:
    The National Remote Sensing Centre, or NRSC, is located at Hyderabad.
  14. Name the ministry that has signed an agreement with Maruti Suzuki to impart training to youth for enhancing their employment potential
    A) Ministry of Corporate Affairs
    B) Ministry of Human Resource Development
    C) Ministry of Skill Development and Entrepreneurship 
    D) Ministry of Women and Child Development
    View Answer
      Option C
    Explanation:
    The skill development ministry and Maruti Suzuki have signed an agreement to impart training to youth and enhance their employment potential. The automobile manufacturer will ensure eligible trainees take up apprenticeship / higher education in suitable streams and shall also guide the students to become entrepreneurs.
  15. Helsinki is the capital of which country?
    A) Finland
    B) Vietnam
    C) Ecuador
    D) Croatia
    View Answer
      Option A
    Explanation:
    Currency-Euro (formerly markka)
  16. Which among the following statements is not correct regarding the Treasury Bills (T-Bills)?
    A) Treasury bills have a maximum maturity of a 364 days and are presently issued in three maturities, namely, 91 day, 182 day and 364 day.
    B) Treasury bills are issued by large corporations to obtain funds to meet short-term debt obligations
    C) Treasury bills are instrument of short-term borrowing by the Government of India, issued as promissory notes under discount
    D) The interest received on T-bills is the discount, which is the difference between the price at which they are issued and their redemption value.
    View Answer
      Option B
  17. Which of the following entity has signed an MoU with UNESCO MGIEP (Mahatma Gandhi Institute of Education for Peace and Sustainable Development) to launch VR content and 360-degree videos on Indian Heritage Sites?
    A) Paytm
    B) Samsung India
    C) Google
    D) Facebook
    View Answer
      Option B
    Explanation:
    Partnership is to launch 360 video and virtual relaity (VR) content of two magnificent Indian heritage sites namely the Sun Temple in Konark, Odisha and Taj Mahal in Agra, Uttar Pradesh
  18. The International Human Solidarity Day is observed on ___________
    A) December 10
    B) January 22
    C) November 26
    D) December 20
    View Answer
      Option D
  19. Which state has signed an MoU with Vindhya E-Infomedia Private Limited to establish World’s first Information Technology (IT) campus for persons with disabilities?
    A) Telangana
    B) Maharashtra
    C) Gujarat
    D) Uttar Pradesh
    View Answer
      Option A
    Explanation:
    Telangana government has signed an agreement with Vindhya E-Infomedia Private Limited to set up World’s first Information Technology (IT) campus for persons with disabilities that will focus on creating employment opportunities for them.
  20. How many Regional Rural Banks (RRBs) are currently sponsored by Canara Bank?
    A) 4
    B) 3
    C) 2
    D) 1
    View Answer
      Option C
    Explanation:
    Canara Bank sponsors two regional rural banks (RRB) namely Kerala Gramin Bank and Pragathi Krishna Gramin Bank 

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