General
Awareness Questions for IBPS Mains Exams – Day 3
1. A trade period of more than one day to a few
weeks is considered as ___________.
a) Day Trading
b) Short-term Trading
c) Medium Term Trading
d) Long Term Trading
e) None of these
Explanation: Short Term Trading: A trade period of more than one day
to a few weeks is considered as short term trade. A stock is bought and held in
position from one day to a few weeks. A short trade is entered by creating a
sell position, which is covered by buying after one day or in a few weeks.
2. Which of the following is/are decided by the
Reserve Bank of India (RBI)?
a) Inflation Rate
b) Cash Reserve Ratio
c) Open Market Operations
d) Only B and C
e) All of these
Answer: D)
Explanation: Cash Reserve Ratio and Open Market
Operations are decided by the Reserve Bank of India (RBI), while, the inflation
rate is decided by the Indian Ministry of Statistics and Programme
Implementation.
3. B. Sai Praneeth has recently won the 'Singapore
Open Super Series Title' by defeating whom among the following?
a) Kidambi Srikanth
b) Sourabh Varma
c) Prannoy Kumar
d) Ajay Jayaram
e) Parupalli Kashyap
Answer: A)
Explanation: B. Sai Praneeth has recently defeated
the world No 29 Kidambi Srikanth in an all-Indian men’s singles final and
clinched Singapore Open Super Series Badminton Title. With this, India has
become only the fourth country after China, Denmark and Indonesia to have its
nationals in a men’s singles Super-series final.
4. With which game is the term ‘chukker’ associated?
a) Kabaddi
b) Cricket
c) Polo
d) Hockey
e) None of these
Answer: C)
Explanation: Chukker may refer to a period in
polo-type team sports, also spelled chukka.
5. Which of the following days was observed on 3rd
March 2017?
a) World Consumer Rights Day
b) World Wetlands Day
c) World Wildlife Day
d) World Press Freedom Day
e) None of these
Answer: C)
Explanation: World Wildlife Day was observed
across the world on 3rd March 2017 with the theme ‘Listen to the Young Voices’.
6. Which among the following banks is
headquartered at Aluva, Kochi, Kerala?
a) Corporation Bank
b) Federal Bank
c) United Bank of India
d) Bank of Maharashtra
e) Vijaya Bank
Answer: B)
Explanation: The Federal Bank Limited is one of
the major private sector commercial banks. It headquartered at Aluva, Kochi,
Kerala. It was founded at Nedumpuram in 1931 by Oommen Geevarghese.
7. A Public Provident Fund (PPF) account holder
can deposit a maximum amount of ________ in his or her PPF account per
financial year.
a) Rs.1.5 lakh
b) Rs.2 lakh
c) Rs.2.5 lakh
d) Rs.1 lakh
e) Rs.1.75 lakh
Answer: A)
Explanation: A Public Provident Fund (PPF) account
holder can deposit a maximum of Rs 1.5 lakh in his or her PPF account per
financial year. There must be a guardian for PPF accounts opened in the name of
minor children. The amount can be deposited in lump sum or in a maximum of 12
installments per year.
8. According to the Banking Regulating Act, RBI
can fix SLR upto the ceiling of:
a) 40 percent
b) 50 percent
c) 30 percent
d) 45 percent
e) 35.5 percent
Answer: A)
Explanation: According to the Banking Regulating
Act, the maximum limit of SLR is 40 percent and minimum limit of SLR is 0
percent In India.
9. Which of the following states has signed ‘power
for all’ agreement with central government?
a) Madhya Pradesh
b) West Bengal
c) Uttar Pradesh
d) Jharkhand
e) Meghalaya
Answer: C)
Explanation: The Uttar Pradesh Government has
recently signed ‘power for all’ agreement with central government. The
agreement was signed in presence of Chief Minister Yogi Adityanath and Union
Power Minister Piyush Goyal.
10. The headquarters of International Atomic
Energy Agency is in:
a) Paris
b) Vienna
c) Washington
d) Geneva
e) Paris
Answer: B)
Explanation: The International Atomic Energy
Agency (IAEA) is an international organization that seeks to promote the
peaceful use of nuclear energy and to inhibit its use for any military purpose,
including nuclear weapons.
11. Which of the following states has successfully
organized a sports meet for transgenders, the first of its sort in the country?
a) Karnataka
b) Kerala
c) Tamil Nadu
d) Maharashtra
e) Andhra Pradesh
Answer: B)
Explanation: Kerala has successfully organized a
sports meet for transgenders, the first of its sort in the country. The event
was jointly organized by Kerala sports council and Sexual Gender Minority
Federation of Kerala. In the competition, six events were conducted, namely,
100 meters, 200 meters, and 400 meters running; 100x 4 relay race, high jump
and shot put.
12. What is the highest denomination currency note
ever issued by the Reserve Bank of India and when was it first printed?
a) Rs.1000, 1938
b) Rs.2000, 2016
c) Rs.5000, 1954
d) Rs.10000, 1938
e) None of these
Answer: D)
Explanation: According to the Reserve Bank of
India (RBI) data, the highest denomination note ever printed by the central
bank was the Rs 10,000 note in 1938 and again in 1954. But these notes were
demonetised in January 1946 and again in January 1978.
13. India’s travel and tourism sector ranks
_____________ in the world in terms of its total contribution to the country’s
GDP, according to a new report of the World Travel and Tourism Council (WTTC).
a) 9th
b) 8th
c) 7th
d) 6th
e) 10th
Answer: C)
Explanation: India’s travel and tourism sector
ranked at 7th position in the world in terms of its total contribution to the
country’s GDP, according to a new report of the World Travel and Tourism
Council (WTTC). According to data, the travel and tourism sector generated Rs
14.1 trillion in 2016, which is world’s 7th largest in terms of absolute size;
the sum is equivalent to 9.6 percent of India’s GDP.
14. The bank which has signed three projects to
provide payments-related solutions to smart cities is:
a) HDFC Bank
b) ICICI Bank
c) IDBI Bank
d) Yes Bank
e) Kotak Mahendra Bank
Answer: D)
Explanation: Private sector lender Yes Bank has
signed three projects to provide payments-related solutions to smart cities.
The bank finds it as a good business opportunity. Yes Bank has currently tied
up with Udaipur, Nashik and Puducherry for the introduction of digital payment
systems under the smart city initiative.
15. Who is considered as ‘Trimurti’ (Trinity) of
Carnatic Music?
a) Muthuswami Dikshitar
b) M. Balamuralikrishna
c) Swami Thirunal
d) M. S. Subbulakshmi
e) None of these
Answer: A)
Explanation: The Trinity of Carnatic music refers
to the outstanding trio of composer-musicians of Carnatic music in the 18th
century, being Tyagaraja, Muthuswami Dikshitar and Syama Sastri.
