GA Revision for Upcoming Exams Set 4

GA Revision Questions for upcoming BoB PGCBF, NIACL Assistant Main, SBI PO Main, Dena Bank PO PGDBF and other upcoming exams

1. As announced by government, FIPB is going to phase out. So to phase out FIPB, the Reserve Bank is expected to formulate SOP for approval of FDI proposals by ministries. What is SOP?
   A) Similar Operating Principle
   B) Standard Operating Procedure
   C) Standard Operating Principle
   D) Similar Operating Procedure
   E) Standard Organized Procedure
   
   View Answer

    Option B
   Some Extra:
   In the Budget 2017, it was announced that FIPB who approves the various FDIs will be shut down.  
2. Luhansk People’s Republic region of which country will now use the Russian ruble as its official currency?
   A) Uruguay
   B) Tanzania
   C) Ukraine
   D) Yemen
   E) Spain
   
   View Answer

     Option C
   
    
3. India’s First Integrated Bio‐refinery for Renewable Fuels & Chemicals has come up in which state?
   A) Maharashtra
   B) Karnataka
   C) Andhra Pradesh
   D) Kerala
   E) Uttar Pradesh
   
   View Answer

     Option A
   Some Extra:
   Union Minister for Road Transport, Highways and Shipping Nitin Gadkari has inaugurated India’s First Integrated Bio‐refinery for Renewable Fuels & Chemicals for producing ethanol from a variety of biomass. The plant is situated at Rahu in Pune district of Maharashtra.
4. As per the directive of the Reserve Bank of India, all the existing Asset Reconstruction Companies (ARCs) must have a minimum net-owned corpus of Rs __________ crore by March 2019.
   A) Rs 200 crore
   B) Rs 100 crore
   C) Rs 150 crore
   D) Rs 220 crore
   E) None of these
   
   View Answer

     Option B
   Some Extra:
   The Reserve Bank has announced that all the existing Asset Reconstruction Companies (ARCs) must have a minimum net-owned corpus of Rs 100 crore by March 2019.
5. Recently Ved Prakash Sharma passed away. He was a
   A) Journalist
   B) Politician
   C) Novelist
   D) Director
   E) Doctor
   
   View Answer

   Option C
   
6. Who won New Zealand Grand Prix 2017?
   A) Lewis Hamilton
   B) Sebastian Vettel
   C) Valtteri Bottas
   D) Max Verstappen
   E) Jehan Daruvala
   
   View Answer

      Option E
   
7. ASEAN-India Business Forum was held in which country?
   A) India
   B) Cambodia
   C) Malaysia
   D) Singapore
   E) Nepal
   
   View Answer

     Option D
   
8. World’s first ever March for Science was organized on which date?
   A) April 20, 2017
   B) April 18, 2017
   C) April 22, 2017
   D) April 15, 2017
   E) April 24, 2017
   
   View Answer

     Option C
   Some Extra:
   On Earth day, Joining people in over 500 cities across the world, Coimbatore in India “stand up for science” in the world’s first ever March for Science
9. Prime Minister of India recently urged state governments to use GeM platform to curb corruption. What does G stands for in GeM?
   A) General
   B) Government
   C) Guarantee
   D) Garnishee
   E) Guardian
   
   View Answer

    Option B
   Some Extra:
   Government e-Market
10. What is the outlay of BHIM – Cash back and Referral bonus schemes?
    A) Rs 350 crore
    B) Rs 455 crore
    C) Rs 495 crore
    D) Rs 500 crore
    E) Rs 535 crore
    
    View Answer

    Option C
    Some Extra:
    495 crore for a period of six months.
11. Which port has been adjudged as the cleanest port in India as per the Quality Council of India (QCI)?
    A) Kandla Port
    B) Visakhapatnam Port
    C) V.O.Chidambaranar Port
    D) Haldia port
    E) Vizag Port
    
    View Answer

    Option D
    Some Extra:
    The Haldia port of West Bengal has emerged as the cleanest in a first-ever ranking of all major Indian ports on sanitation parameters.
12. Where is Lingaraja Temple located?
    A) Kolkata, West Bengal
    B) Bhubaneswar, Odisha
    C) Aizwal, Mizoram
    D) Kochi, Kerala
    E) Imphal, Manipur
    
    View Answer

    Option B
13. Where is Keoladeo National Park located?
    A) Tamil Nadu
    B) Rajasthan
    C) Gujarat
    D) West Bengal
    E) Gujarat
    
    View Answer

     Option B
14. BIRD stands for _____
    A) Bankers Institute for Rural Development
    B) Banking Institute for Regional Development
    C) Bank and Insurance Regulatory Department
    D) Banking for Industrial Relation Division
    E) None of these
    
    View Answer

      Option E
    Some Extra:
    Bankers’ Institute of Rural Development (BIRD) was founded in 1983 by the National Bank for Agriculture and Rural Development (NABARD) to provide training, research, and consulting services in the fields of rural development banking and agriculture in India.
15. Where is Mundra Thermal Power Station situated?
    A) Maharashtra
    B) Odisha
    C) Gujarat
    D) Uttar Pradesh
    E) Jharkhand
    
    View Answer

    Option C
    Some Extra:
    It is the world’s 11th-largest single location coal-based thermal power plant as well as India’s second largest operational power plant .
16. Who regulates money market in India?
    A) SEBI
    B) NABARD
    C) Ministry of Finance
    D) RBI
    E) CRISIL
    
    View Answer

    Option D
    
17. Which bank has launched the app called Truecaller Pay to allow people send and receive payments through the app in partnership with Truecaller?
    A) Axis Bank
    B) Bank of Baroda
    C) ICICI Bank
    D) Federal Bank
    E) None of these
    
    View Answer

      Option C
    Some Extra:
    With this, Truecaller users will be able to create UPI virtual payment addresses (VPA) and recharge mobile number from the app itself.
18. Which of the following company has launched Digital Payment Security alliance along with MeitY.
    A) Microsoft
    B) IBM
    C) Google
    D) Samsung
    E) None of these
    
    View Answer

      Option C
    Some Extra:
    In line with the government’s vision to proliferate the digital growth and empower citizens digitally, Google and Ministry of Electronics and Information Technology (MeitY) have announced ‘Digital Payment Security alliance’ initiative that aims to create community awareness on safe and secure digital practices
19. What is the minimum Balance criteria for State Bank of India account in Metropolitan area?
    A) Rs 1,000
    B) Rs 2,000
    C) Rs 3,000
    D) Rs 5,000
    E) Rs 6,000
    
    View Answer

      Option D
    Some Extra:
    Making it compulsory for account-holders to maintain a minimum balance, the State Bank of India (SBI) has announced that it will be charging defaulters a penalty from April 1 onwards. Making maintenance of Rs 5,000 mandatory for accounts in metropolitan areas, Rs 3,000 in urban areas, Rs 2,000 in semi-urban areas and Rs 1,000 in rural areas, the SBI listed out the charges to be effective from April 1.
20. Who has been appointed as the new chairman of the Cauvery Water Disputes Tribunal?
    A) Justice J.S. Khehar
    B) Justice Madan Bhimrao Lokur
    C) Justice Adarsh Sein Anand
    D) Justice Abhay Manohar Sapre
    E) None of these
    
    View Answer

      Option D
    Some Extra:
    Supreme Court Judge Abhay Manohar Sapre has been appointed as the chairman of the Cauvery Water Disputes Tribunal (CWDT). The post remained vacant after Justice B S Chauhan, currently the Law Commission chairman, resigned in March last year.