General Awareness
Questions for IBPS Mains Exams – Day 1
1. Book on Virat Kohli's consistency and winning
formula "Winning like Virat: Think & Succeed like Kohli" is
written by?
a) Devendra Prabhudesa
b) Vijay Lokapally
c) Abhirup Bhattacharya
d) Biswadeep Ghosh
e) Gulu Ezekiel
Explanation: Book on Virat Kohli's consistency and
winning formula "Winning like Virat: Think & Succeed like
Kohli" is written by Abhirup Bhattacharya. The book discloses
the secrets of the cricketer’s consistent form, while attempting to decode his
philosophy towards life.
2. Which among the following company has acquired
corporate travel services provider Air Travel Bureau?
a) Paytm
b) MakeMyTrip
c) Expedia
d) Yatra
e) Trivago
Answer: D)
Explanation: Online travel firm Yatra Online has
acquired corporate travel services provider Air Travel Bureau. Yatra has agreed
to acquire all outstanding shares of ATB and assume its debt. Acquisition will
significantly strengthen the Yatra's position in the large and growing
corporate travel market in India. ATB is India’s largest corporate travel
services provider with gross bookings of Rs 1,500 cr.
3. Life Insurance Corporation (LIC) has signed an
MoU with which bank to sell its insurance products?
a) Allahabad Bank
b) Central Bank of India
c) UCO Bank
d) Vijaya Bank
e) Karnataka Bank
Answer: E)
Explanation: Karnataka Bank Ltd has entered into a
memorandum of understanding (MoU) with Life Insurance Corporation (LIC) of
India for selling life insurance products of LIC. LIC is the largest insurer of
the country with a death claim settlement ratio of over 99.90%.The bank will be
able to provide vast choice of life insurance products to its customers across
all its 769 branches with this MoU.
4. New India Assurance has tied up with which bank
for distribution of its insurance products?
a) Canara Bank
b) Kotak Mahindra Bank
c) State Bank of India
d) Bank of Baroda
e) ICICI Bank
Answer: A)
Explanation: Canara Bank and New India Assurance
Company have entered into a corporate agency arrangement for distribution of
insurance products. Under the agreement, New India Assurance will offer leading
general insurance products to the customers of Canara Bank. Tie-up will also
offer personal products such as motor insurance, home insurance besides
commercial policy coverages like fire insurance.
5. ______ has won the APQN Quality Award 2017 for
International Co-operation in Quality Assurance?
a) National Assessment and
Accreditation Council
b) Department of Higher Education
c) University Grants Commission
d) Distance Education Council
e) Rehabilitation Council of India
Answer: A)
Explanation: National Assessment and Accreditation
Council has received APQN Quality Award 2017.NAAC has been awarded for its
pro-active role in international quality assurance scenario. APQN Quality Award
are among the most prestigious International Awards in quality assurance of
higher education NAAC is an organisation that assesses and accredits
institutions of higher education in India.
6. The technique used for printing ‘RESERVE BANK
OF INDIA’ appearing on the face of the Indian currency notes is
a) Intaglio printing
b) Micro lettering
c) Latent printing
d) Screen printing
e) Laser Printing
Answer: A)
Explanation: Intaglio printing is the
opposite of relief printing, in that the printing is done from
ink that is below the surface of the plate. The design is cut, scratched, or
etched into the printing surface or plate, which can be copper, zinc,
aluminum, magnesium, plastics, or even coated paper.
7. Which committee has been formed for Desiltation
of Ganga?
a) Chitale Committee
b) Bikbek Debroy Committee
c) KS Valdiya Committee
d) Injeti Srinivas Committee
e) Sivaramakrishnan committee
Answer: A)
Explanation: Chitale committee on Desiltation of
Ganga has recommended a slew of measures which include Study reach wise
sediment transport processes and establish annual sediment budgets to guide
de-silting activities. The committee was constituted in July 2016 to prepare
guidelines for desiltation of river Ganga.
8. Which of the following is not an area
designated by RBI with respect to consumer rights relating to banking services?
a) Fair treatment and transparency
b) Fair and honest dealing
c) Right to maximum interest
d) Right to suitability
e) None of the above
Answer: C)
Explanation: The areas on which the RBI will be
conducting surveys and supervision are - right to privacy, right to fair
treatment & transparency, fair & honest dealing, right to suitability
& right to grievance redress & compensation.
9. 1st World Tuna Day was celebrated on
a) May 2
b) May 3
c) May 1
d) April 19
e) None of the above
Answer: A)
Explanation: The United Nations has marked the 1st
World Tuna Day on May 2nd with calls to conserve one of the
globe's most popular fish to be caught and eaten. Tuna plays a critical role in
sustainable development, food security, economic opportunity, and livelihoods
of people around the world. The General Assembly established World Tuna Day in
Dec to reinforce its importance to nations around the globe.
10. ‘Manimala’ is a banking scheme related to
which of the following banks?
a) Bandhan Bank
b) IDBI Bank
c) Allahabad Bank
d) KarurVysya Bank
e) None of the above
Answer: D)
Explanation: KVB MANIMALA is a Monthly
Deposit scheme meant for the persons who wish to invest a fixed sum
of money every month with an intention to get a lump sum amount on the maturity
of the deposits.
11. What is the theme for the 2017 World Oceans
Day?
a) Healthy Oceans, Healthy Planet
b) Our Oceans, Our Future
c) Together we have the power to
protect the ocean
d) Youth: the Next Wave for Change
e) Oceans of Life: Pick your favourite
Answer: B)
Explanation: World Oceans Day takes place every
June 8 to remind everyone of the major role oceans have in everyday life. They
are the lungs of our planet, providing most of the oxygen we breathe. World
Oceans Day was officially recognized by UN in 2008. Oceans cover about
two-thirds of surface of the Earth and are the very foundations of life. Theme
for World Oceans Day 2017 is 'Our Oceans, Our Future'.
12. e-KYC is possible only for those who have
a) PAN number
b) Driving License
c) Ration Card
d) Aadhaar Number
e) Other than those given as options
Answer: D)
Explanation: While using the e-KYC service, one
has to authorize through the Unique Identification Authority of India (UIDAI),
by directly providing identity/address through biometric authentication to the
bank or any business correspondent
13. Large-scale naval drills “Joint Sea 2017” is
being conducted between which two countries in the Baltic Sea?
a) China and Iraq
b) US and Australia
c) Russia and China
d) China and Pakistan
e) UK and US
Answer: C)
Explanation: China and Russia have started their
large-scale naval drills - “Joint Sea 2017” in the Baltic Sea. Chinese-Russian
military drills have been held every year since 2012, but they are conducting
them in the Baltic for the first time. The Chinese destroyer, frigate and
supply ship will spend a week training with the Russian navy off Kaliningrad.
14. Which of the following is not a member of
Monetary Policy Committee?
a) PamiDua
b) Ravindra Dholakia
c) Chetan Ghate
d) Arvind Subramaniam
e) None of the above
Answer: D)
Explanation:
Central Government in
September 2016 constituted the MPC as under:
1. Governor of the
Reserve Bank of India – Chairperson, ex officio;
2. Deputy Governor of the
Reserve Bank of India, in charge of Monetary Policy – Member, ex officio;
3. One officer of the
Reserve Bank of India to be nominated by the Central Board – Member, ex
officio;
4. Shri Chetan Ghate,
Professor, Indian Statistical Institute (ISI) – Member;
5. Professor PamiDua,
Director, Delhi School of Economics – Member; and
6. Dr. Ravindra H.
Dholakia, Professor, Indian Institute of Management, Ahmedabad – Member.
15. Atal Pension Yojan is available to all
citizens of India in the age group of
a) 18-45
b) 18-50
c) 18-40
d) 18-38
e) 18-36
Answer: C)
Explanation: APY is available to all citizens
of India in the age group of 18-40 years. The subscribers base under Atal
Pension Yojana has reached about 53 Lakhs. At present 235 Banks and Department
of Post are involved in implementation of the scheme.
