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IBPS PO – 2017 – General Awareness
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IBPS PO – 2017 – General Awareness
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  • Question 1/30
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    The 'Namami Brahmaputra' festival was held in _______.

    Solutions

    The ​'Namami Brahmaputra' festival was held in Assam. The festival was held from March 31 to April 4. Brahmaputra is considered to be the country's only male river and the

    five-day festival included cultural programmes, traditional sports, Brahmaputra Aarti, exhibition, film shows, seminars and competitions.

     

  • Question 2/30
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    Under which committee’s recommendation was the Banking Codes And Standards Board of India formed?

    Solutions

    In November 2003, Reserve Bank of India (RBI) constituted the Committee on Procedures and Performance Audit of Public Services under the Chairmanship of Shri

    S.S.Tarapore (former Deputy Governor) to address the issues relating to availability of adequate banking services to the common person.

     

  • Question 3/30
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    What do you mean by the term 'Moral Suasion'?

    Solutions

    Moral Suasion is the advice given by the Reserve Bank of India to the banks and financial institutions regarding lending and other operations. Its objective is to see that the

    banks implement their advice.

     

  • Question 4/30
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    Among the following mentioned options, Reverse Repo is a tool used by RBI to.

    Solutions

    Reverse Repo rate is a tool used by Reserve Bank of India to absorb liquidity, and know the value of assets in monetary terms.

     

  • Question 5/30
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    On which mentioned rate, does banks gives the currency in exchange of a foreign currency when a customer requires it?

    Solutions

    On the basis of the prevailing currency rate the bank offers the customer the foreign currency in exchange of the domestic currency.

     

  • Question 6/30
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    Where is the headquarters of the Bank for International Settlement (BIS) situated?

    Solutions

    Bank for International Settlement (BIS) situated in Basle, Switzerland.

     

  • Question 7/30
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    Banks are focusing on financing small borrowers through Self Help Groups. Which of the following is correct in this regard?

    Solutions

    All the three statements first, Financing Self Help Groups are treated as financing to weaker sections within the Priority Sector. Second, Financing of self Help Groups

    promotes the habit of thrift and concept of credit management. Third, financing such activities is cost effective and will facilitate easy flow of credit to rural sector.

     

  • Question 8/30
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    Que. Annual Economic Survey is published by?

    Solutions

    It is prepared by Ministry of Finance. A flagship annual document of the Ministry of Finance, Government of India, Economic Survey reviews the developments in the Indian

    economy over the previous 12 months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the

    prospects of the economy in the short to medium term.

     

  • Question 9/30
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    Que. Open Market Operations are carried out by?

    Solutions

    Open market operations is a measure used by the central bank of the country to manage money supply. Through OMOs, central bank either purchase or sell government

    bonds in the open market. They are primary tool for implementing monetary policy.

     

  • Question 10/30
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    Que. Department of Disinvestment has been renamed as.

    Solutions

    The Department of Disinvestment has been renamed as Department of Investment and Public Asset Management or 'Dipam'.

     

  • Question 11/30
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    Nuclear Security Meet held in recently was hosted by?

    Solutions

    India hosted a meet on nuclear security recently which was attended by delegated from over 100 countries.

     

  • Question 12/30
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    On March 10 the Indian government passed the Maternity Benefit (Amendment) Bill, 2016.Which of the given fact/s about the law is/are false?
    (i) The maternity leave will be 26 weeks.
    (ii) A women with two or more children will get only 14 weeks of leave. In case a woman adopts a child below three months, she will be given 12 weeks leave from the date the child is handed over to her.
    (iii) India is the fourth country to implement the law after Canada, Norway and Germany.

    Solutions

    Both ii and iii are false.The maternity leave will be 26 weeks.The entitlement will be for only up to first two children. For third child, the entitlement will be for only 12 weeks. A

    woman with two or more children will get only 12 weeks of leave and a woman adopting a child will also get 12 weeks of leave from the date the child is handed over to

    her. India will take third place in terms of Maternity leaves after Canada and Norway where it is 50 weeks and 44 weeks respectively.

     

  • Question 13/30
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    Mahabaleshwar Sail has been honoured with the Saraswati Samman 2016 for his novel, 'Hawthan'. It is written in ________.

    Solutions

    'Hawthan' is written in Konkani language. The 74-year-old writer's novel was shortlisted from 22 regional language books. Published in 2009, 'Hawtha' is a work of fiction

    presenting the cultural map of the traditional potter community of Goa.

     

  • Question 14/30
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    The government has launched Mission Fingerling, it deals with _______.

    Solutions

    Mission Fingerling deals with aquaculture. It was launched to achieve Blue Revolution with the holistic development and management of fisheries in the country. The Blue

    Revolution programme focuses on creating an environment that envisages integrated and holistic development and management of fisheries for the socio economic  Blue

    Revolution development of the fishers and fish farmers. A total of Rs. 52000 lakh have been sanctioned.

     

  • Question 15/30
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    Which country has granted same legal rights as human being to a river?

    Solutions

    In a world-first a New Zealand river has been granted the same legal rights as a human being. The local Māori tribe of Whanganui in the North Island has fought for the

    recognition of their river – the third-largest in New Zealand – as an ancestor for 140 years. The new status of the river means if someone abused or harmed it the law now

    sees no differentiation between harming the tribe or harming the river because they are one and the same.

     

  • Question 16/30
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    Which team won the 2016–17 Vijay Hazare Trophy tournament?

    Solutions

    Tamil Nadu won the 2016–17 Vijay Hazare Trophy tournament. They beat Bengal.

     

  • Question 17/30
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    The Asian Infrastructure Investment Bank (AIIB), on March 23 approved the membership of how many countries?

    Solutions

    AIIB approved the membership of 13 countries. The AIIB has approved the applications of Afghanistan, Armenia, Fiji, China’s Hong Kong and Timor Leste from the region

    and eight non-regional prospective members including Belgium, Canada, Ethiopia, Hungary, Ireland, Peru, Sudan and Venezuela.

     

  • Question 18/30
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    The Fund of Fund for Start-ups (FFS) is being managed and operated by ________.

    Solutions

    FFS is being managed and operated by SIDBI. The government decided to tweak the Fund of Funds (FFS) of startups to enable greater flow of resources. It had set up the

    fund with an initial corpus of Rs 1,000 crore but the tough rules had made disbursals difficult. As a result, the cabinet as now decided to allow Alternate Investment Funds

    (AIFs) supported by FFS to invest at least twice the amount of contribution received from FFS in qualified startups.

     

  • Question 19/30
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    Bakshi Stadium is located in which of the following state?

    Solutions

    Bakshi Stadium is located in Srinagar, Jammu and Kashmir. On March 23 it was announced that a modern football stadium as per the Federation Internationale de Football

    Association (FIFA) norms will be built at an estimated cost of Rs 48 crore. The stadium will have floodlights, six entry and exit points, modern pavilion, food court and other

    state-of-the-art facilities.

     

  • Question 20/30
    1 / -0

    India ranks 87th in the 2017 in energy architecture performance. This report was published by _______.

    Solutions

    India has marginally improved its position to 87th place on a global energy architecture performance index, but ranks among the worst for pollution, a survey showed

    today. Switzerland topped the annual list released by Geneva- based World Economic Forum (WEF) and was followed by Norway, Sweden, Denmark and France in the top

    five. Indias rank improved three places from 90th last year.

     

  • Question 21/30
    1 / -0

    The Securities and Exchange Board of India (SEBI), on March 25 barred which company from dealing in equity derivatives futures and options segment for a period of one year?

    Solutions

    SEBI barred Reliance Industries(RIL), the country's second most valued firm, and 12 other entities from dealing in equity derivatives futures and options segment for a period

    of one year, directly or indirectly, for allegedly indulging in fraudulent trades in Reliance Petroleum in 2007.

     

  • Question 22/30
    1 / -0

    Earth Hour is organized by ________.

    Solutions

    Earth Hour is a worldwide movement organized by the World Wide Fund for Nature (WWF). The event is held annually encouraging individuals, communities, households

    and businesses to turn off their non-essential lights for one hour, from 8:30 to 9:30 p.m. towards the end of March, as a symbol for their commitment to the planet. In 2017 it

    will be held on March 25. It was started as a lights-off event in Sydney, Australia, in 2007. Since then, it has grown to engage more than 7000 cities and towns worldwide.

     

  • Question 23/30
    1 / -0

    Atlantic Council has inducted which of the following individuals into its advisory board?

    Solutions

    The Atlantic Council has inducted Reliance Group head Anil Ambani into its advisory board. The advispry board included leaders like-Kevin Rudd, Former Prime Minister of

    Australia; Thomas Enders, CEO of Airbus Group; Rupert Murdoch, CEO of 21 Century Fox. The Atlantic Council promotes constructive US leadership and engagement in

    the world based on the central role of the Atlantic community.

     

  • Question 24/30
    1 / -0

    North Atlantic Treaty Organization (NATO) presently has how many members?

    Solutions

    NATO has 28 members. Recently Montengro signed an agreement with NATO, which will make it the 29th member. All 28 NATO members must ratify Montenegro's

    accession bid, and USA is among the last to do so. Russia strongly opposes the Western military alliance's expansion in the Balkans.

     

  • Question 25/30
    1 / -0

    Union Finance Minister, Arun Jaitley has cleared a major military reforms based on the report by the ________ committee.

    Solutions

    Union Finance Minister, Arun Jaitley has cleared a major military reforms based on the report by the Lt General (retired) DB Shekatkar committee, which made

    recommendations on enhancing the combat potential of India’s three armed forces, rationalising the defence budget, and improving the teeth-to-tail ratio.

     

  • Question 26/30
    1 / -0

    Which mobile payment app has become member of the Advertising Standards Council of India (ASCI)?

    Solutions

    Paytm has become member of ASCI. ASCI members include key advertisers from various sectors, such as fast-moving consumer goods (FMCG), media, auto and telecom,

    which spend heavily to stay visible in the marketplace. However, No e-commerce company is a member of the body yet.

     

  • Question 27/30
    1 / -0

    Name the veteran actor who will be awarded the Kala Ratan Award.

    Solutions

    Veteran actor Anupam Kher will be honoured with the Kala Ratan Award by Vice President Hamid Ansari. He was honoured with the Padma Shri in 2004 and the Padma

    Bhushan in 2016 for his contribution in the field of cinema and arts. The actor who has worked mainly in Hindi films has also appeared in acclaimed international films like

    Bend It Like Beckham, Bride and Prejudice, The Mistress Of Spices, Lust, Caution, and Silver Linings Playbook.

     

  • Question 28/30
    1 / -0

    India’s neutrino observatory(INO) will be built in ________.

    Solutions

    India’s neutrino observatory will be built in Bodi West Hills of Theni district, Tamil Nadu. Recently the National Green Tribunal directed the INO to seek fresh environmental

    clearance. It also requires a nod from the National Board of Wildlife since the Mathikettan Shola National Park in Kerala’s Idukki district is about 4.9km away from the

    proposed project site.

     

  • Question 29/30
    1 / -0

    Who has been named Player of the Year for 2016 by the Asian Hockey Federation (AHF)?

    Solutions

    S. V. Sunil plays Hockey. He was named the Asian Hockey Federation (AHF) Player of the Year for 2016 with Harmanpreet Singh chosen as the Promising Player of the Year

    in the continental body’s annual awards.

     

  • Question 30/30
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    Which Indian bank has joined the league of top 50 banks globally in terms of assets?

    Solutions

    India's largest lender State Bank of India has joined the league of top 50 banks globally in terms of assets following the merger of its associate banks and Bharatiya Mahila

    Bank effective April 1. The merged entity will have a deposit base of more than Rs 26 lakh crore and advances of Rs 18.50 lakh crore.

     

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