GA Revision for IBPS 2017 and other Exams — Set 15

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 of the following statements is false regarding the National Electronic Funds Transfer (NEFT) system?
    A) There is no limit on transaction through NEFT.
    B) NEFT operates in hourly batches.
    C) NEFT is a payment system which facilitates one-to-one funds transfer.
    D) Only bank branches which are NEFT enabled can be a part of the NEFT funds transfer network.
    View Answer
      Option B
    Explanation:
    Earlier NEFT used to operate in hourly batches but on May 8, 2017, RBI announced to introduce additional 11 settlement batches at half- hourly intervals  from July 10, 2017, beginning from 8.30 am till 6.30 pm. With this, the total number of half hourly settlement batches during the day will increase to 23.
  2. When is the World Maritime Day observed?
    A) 27 September
    B) 28 September
    C) 29 September
    D) 30 September
    View Answer
      Option B
    Explanation:
    2017 Theme –  Connecting Ships, Ports and People.
  3. ________ has been selected for the 2017 SASTRA Ramanujan Prize for contribution to number theory.
    A) Mehrbani Vizarota
    B) Meena Kumari
    C) Maria Sheikh
    D) Maryna Viazovska
    View Answer
      Option D
    Explanation:
    Maryna Viazovska of Swiss Federal Institute of Technology, Lausanne, Switzerland, will receive 2017 SASTRA Ramanujan Prize for her contribution to number theory.
  4. As per the new directive of the government, the retirement age of central government doctors has been raised to __years from 60 years.
    A) 65
    B) 70
    C) 62
    D) 75
    View Answer
      Option A
    Explanation:
    The government has decided to increase the retirement age of central government doctors including those working under the AYUSH ministry and in the railways to 65 years.
  5. What is the rank of India in the World Economic Forum’s Global Competitiveness Index 2017?
    A) 45
    B) 38
    C) 55
    D) 40
    View Answer
      Option D
    Explanation:
    India has been ranked as the 40th most competitive economy — slipping one place from last year’s ranking — on the World Economic Forum’s global competitiveness index, which is topped by Switzerland.
  6. Who has been appointed as Pakistan’s High Commissioner to India?
    A) Sohail Qureshi
    B) Abdul Basit
    C) Abdul Rehmat
    D) Sohail Mahmood
    View Answer
      Option D
    Explanation:
    Sohail Mahmood has assumed his charge as the Pakistan’s High Commissioner to India, after his predecessor Abdul Basit announced retirement before his tenure was scheduled to end.
  7. Which of the given banks has formed a joint venture with the Bharti Airtel Ltd to set up the Airtel Payments Bank?
    A) Yes Bank
    B) Kotak Mahindra Bank
    C) State Bank of India
    D) Punjab National Bank
    View Answer
      Option B
    Explanation:
    Airtel Payments Bank (APB) is a joint venture between Bharti Airtel Ltd and Kotak Mahindra Bank Ltd. Joint venture ratio is 80 : 20 respectively.
  8. The World’s longest suspension footbridge has been constructed in which country?
    A) Brazil
    B) Germany
    C) Switzerland
    D) Sweden
    View Answer
      Option C
    Explanation:
    Located in south Switzerland, the steel bridge is 494 metres long and overtakes the “Titan-RT” bridge in Germany as the world’s longest pedestrian suspension bridge.
  9. Palatana Thermal Power Plant situated in which state?
    A) Sikkim
    B) Manipur
    C) Tripura
    D) Arunachal Pradesh
    View Answer
      Option C
  10. Which website has been launched by PM Narendra Modi to honour all the gallantry award winners since Independence?
    A) http://gallantryawards.gov.org.in
    B) http://gallantryaward.gov.org.in
    C) http://gallantryawards.gov.in
    D) http://gallantryaward.gov.in
    View Answer
      Option C
    Explanation:
    Prime Minister Narendra Modi launched a website ‘http://gallantryawards.gov.in’ to honour all the gallantry award winners since Independence.
    The portal will preserve and tell the stories of our bravest men and women, civilians as well as armed forces personnel.
  11. Olympic and World Cycle Champion Stephen Wooldridge who passed away belonged to which country?
    A) Tokyo
    B) New Zealand
    C) Australia
    D) Canada
    View Answer
      Option C
    Explanation:
    Australia’s former Olympic and world cycle champion Stephen Wooldridge has passed away.
  12. Which of the following airport has become the first airport of India to have wheel-chair lifts?
    A) Lokpriya Gopinath Bordoloi International Airport
    B) GMR Hyderabad International Airport Ltd
    C) Jay Prakash Narayan International Airport
    D) Sardar Vallabhbhai Patel International Airport
    View Answer
      Option B
    Explanation:
    GMR Hyderabad International Airport Ltd. (GHIAL) has launched a wheelchair lift or verti-lift for the benefit of people who had trouble before, while travelling through the airlines.
  13. Mahatma Gandhi Marine National Park is situated in ____?
    A) Andaman and Nicobar Islands
    B) Lakshadweep
    C) Delhi
    D) Daman and Diu
    View Answer
      Option A
  14. Who has been appointed as the head of the five-member Economic Advisory Council formed by the government to advise on issues related to economic slowdown?
    A) V. K. Saraswat
    B) Ramesh Chand
    C) Bibek Debroy
    D) Rajnath Singh
    View Answer
      Option C
    Explanation:
    Amidst growing apprehensions over the slowdown in the Indian economy, Prime Minister Narendra Modi announced the formation of a five-member panel of economists headed by NITI Aayog member Bibek Debroy to advise him.
  15. What does ‘A’ stands for in CRAR?
    A) Association
    B) Advances
    C) Assets
    D) Agreement
    View Answer
      Option C
    Explanation:
    CRAR- Capital to Risk-Weighted Assets Ratio
  16. The Shirdi International Airport has been inaugurated in which of the following districts?
    A) Amravati
    B) Jalgaon
    C) Nanded
    D) Ahmednagar
    View Answer
      Option D
    Explanation:
    President Ram Nath Kovind inaugurated Shirdi International Airport in Ahmednagar district of Maharashtra.
  17. RBI can withdraw the legal tender of any bank note under which section of the RBI Act, 1934?
    A) Section 26 (1)
    B) Section 26 (2)
    C) Section 24 (1)
    D) Section 24 (2)
    View Answer
      Option B
    Explanation:
    26(1)- defines the legal tender
    26(2)- talks about withdrawal of legal tender
  18. The Securities and Exchange Board of India (SEBI) was founded in which year?
    A) 1988
    B) 1982
    C) 1990
    D) 1992
    View Answer
      Option D
    Explanation:
    SEBI is the regulator for the securities market in India founded on 12 April 1992 with HQ in Mumbai.
  19. Burqa ban has been imposed by which of the following country with effect from 1 October 2017?
    A) USA
    B) France
    C) Austria
    D) Denmark
    View Answer
      Option C
    Explanation:
    Austria’s law banning face veils such as burkhas or niqabs comes into effect from October 1, 2017. The government said, acceptance and respect of Austrian values are basic conditions for successful cohabitation between the majority Austrian population and people from third countries living in Austria
  20. Who has won the F1’s Malaysian Grand Prix 2017?
    A) Max Verstappen
    B) Sebastian Vettle
    C) Lewis Hamilton
    D) Karl Marx
    View Answer
      Option A
    Explanation:
    Max Verstappen has won the F1’s Malaysian Grand Prix after beating Lewis Hamilton.

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5 Thoughts to “GA Revision for IBPS 2017 and other Exams — Set 15”

  1. Is Jesus hiring ???

    19/20
    Thanku monika mam !!

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