Cetking.com GK500 2017 Cetking 2017 GK500 500 must do GK questions For students preparing for competitive exam, the major question faced by everyone is General Knowledge, how to prepare for GK. The reason for extra importance of General Knowledge topics and questions is that it will not only assist you to score very high marks in less time but it will also help you to perform well in Group Discussions and Interviews. General awareness has always been taken at the lighter side by many of the candidates not realizing that how major it can be in competitive exams. Here are some useful tips for preparing GK: Tip-1: Read Newspapers Daily Tip-2: Watch Current affairs special programmes on News Tip-3: Read Business Today & India Today magazine thoroughly Tip-4: Complete Cetking’s GK40 program Following questions are divided into sets of 25 to 75 questions each. 1 | P a g e Cetking.com Cetking.com GK500 2017 SBI PO 2017 questions Q18. One questions were, Which of the following not correct about Q1. Kavinder Singh and Satish Kumar is related to which game? UPI? Answer- Boxing Q19. The base year for calculating key economic growth from 2004-05 Q2. As per report of International Peace Research Institute - SIPRI is changed to? located at? Answer: 2011-12 Answer- Stockholm Q20. One Question was, increase in repo rate signifies? Q3. What is the meaning of "C" in PCA? Answer: Commercial banks will get more incentives to park their Answer- Prompt Corrective Action funds with the RBI, thereby decreasing the supply of money Q4. India Licensing Expo (ILE), India's first and most influential brand Q21. Finland has become the first country in Europe to pay its licensing show will take place on August 20-21 in- unemployed citizens a basic monthly income, amounting to- Answer- Mumbai Answer- 560 euros ($587) Q5. Who is highest wicket-taker in women's ODIs? Q22. Total number of ATMs of SBI after the merger? Answer- Jhulan Goswami Answer- 59,000 ATMs Q6. The Insolvency and Bankruptcy Board of India (IBBI) has Q23. The government of India (GOI) has approved 681 crores as seed constituted a Technical Committee in accordance with Regulation 14 capital for building a venture for electronic devices with total corpus? of the IBBI (Information Utilities) Regulations, 2017. The Technical Answer- Rs 6,831 crore Committee (Committee) will be headed by? Answer- Dr R. B. Barman Q24. How much amount has allocated by the government to MGNREGA in this year's (2017-18) Budget? Q7. India’s growth for 2018-19 as projected by IMF? Answer- Rs 48,000 crore Answer- 7.7 per cent Q25. Risk of collapse of entire financial system on entire market is Q8. National Financial Switch (NFS) is run by- called- Answer- NPCI Answer- Systemic risk Q9. Who was elected as head of FIFA’s governance committee at the Q26. Payments bank not permitted to? world football governing body’s 67th Congress in Bahrain’s capital city Answer- cannot offer loans of Manama? Answer- Mukul Mudgal Q27. The NBFCs are allowed to accept/renew public deposits for a minimum period of 12 months and the maximum period of _____ Q10. Foreign direct investment (FDI) in India grew 18 per cent during months. 2016 to touch ______________ data released by the Department of Answer- 60 months Industrial Policy and Promotion (DIPP). Answer: $46 billion Q28. Government of India has changed CII base year from 1981 to- Answer- 2001 Q11. Fiscal deficit target for 2017-18 pegged at __________ of GDP? Answer- 3.2% Q29. Metric which defines operating liquidity available to business is known as? Q12. The government has decided to make tax evasion of over Answer- Working capital ____________ under the proposed Goods and Services Tax (GST) the regime as a non-bailable offence. Q30. An estimated USD _________ in black money entered India Answer- Rs 5 crore during 2005-2014, US-based think tank Global Financial Integrity (GFI). Q13. What is the meaning of "S" in MSF? Answer- 770 billion Answer- Marginal Standing Facility Q31. Name the person, who will head a task force to assess the Q14. What is the meaning of "P" in APBS? extent of employment creation at different points of time, based on Answer- Aadhaar Payment Bridge System “credible data. Answer- Arvind Panagriya Q15. The target of digital transactions through UPI, USSD, Aadhar, IMPS for 2017-18? Q32. Institute for Development & Research in Banking Technology Answer- 2,500 crore digital transactions (IDRBT) is located in? Answer- Hyderabad Q16. Cheque written by drawer and dated at some point in past is called? Q33. Class of derivative whose value is at least partly derived from Answer- Ante-dated cheque one or more underlying stock exchange securities? (Trade, Commodity, Credit, Interest Rate, Equity) Q17. As per RBI norms on small banks, initial promoter stake for first Answer- Equity Derivative 5 years should not be less than? Answer- 40 per cent 2 | P a g e Cetking.com Cetking.com GK500 2017 Q34. The framework of Joint Lenders’ Forum (JLF) by RBI is to 13. Payment bank having 100% equity participation by govt – strengthen the system for revitalising the................? IPPB Answer- stressed assets in the economy 14. Importing 145 M777 lightweight Howitzers for Indian Army Q35. Amendment to Section _______ of Negotiable Instruments Acts from – US to include the electronic image of a truncated cheque and a cheque in electronic form. 15. Dr. Balamurali Krishna who passed away recently related to Answer- 6 – Carnatic Music Q36. The target for agricultural credit in 2017-18 has been fixed at a 16. Initially shares in RBI owned by – Private shareholders record level of- Answer- Rs 10 lakh crore 17. International children prize to which kid from UAE – Kehkashan Basu Q37. 2017 Index of Economic Freedom is topped by which country? Answer- Hong Kong 18. CPs are issues as – Commercial paper is an unsecured form of promissory note that pays a fixed rate of interest. It is typically Q38. As per RBI, ARCs must have the minimum net corpus of issued by large banks or corporations _________ crore by 2019. Answer- Rs 100 crore 19. NFS (National Financial Switch) has been developed by – National Payments Corporation of India (NPCI) Q39. The UN Day of Vesak Celebration is internationally a cultural and humanistic festival. 14th UN Vesak Day celebrated in which country? 20. Limit of foreign investment in universal banks – 49 % for Answer- Sri Lanka first five years Q40. Using SBI Mingle, the bank’s customers can do a host of banking 21. Which micro finance company has received final license services on their ____________ accounts at their own convenience. from The Reserve Bank of India (RBI) to start operations as Small Answer- Facebook or Twitter Finance Bank (SFB) – Utkarsh Micro Finance IBPS 2017 questions 22. Rate of Lending of RBI to commercial banks is known as – Bank Rate (Repo Rate is for short term only) 1. Rabo bank is a multinational banking and financial services company headquartered at – Utrecht, Netherlands 23. Theme of International day of persons with disability 2016 – Achieving 17 Goals for the Future We Want 2. NBFC’s accept deposits for a maximum period of – 60 months 24. Heart of Asia Summit 2016 held at which place – Amritsar, Punjab 3. The Global Citizen Festival is an annual music festival established in 2012. Where did the festival 2016 celebrated in India – 25. Where is the Headquarter of ICC – UAE Mumbai 26. Small finance banks have to open 25% branches in – 4. Irom Chanu Sharmila, also known as the “Iron Lady” or Unbanked Areas “Mengoubi” (“the fair one”) is a civil rights activist, political activist, and poet from the Indian state of – Manipur 27. Max loan size to single obligator can’t be more than what percent of the capital investment – 10 % (For group it will be 15%) 5. A first-of-its-kind project, the 207-km-long cycle highway is recently inaugurated in which Indian state – Uttar Pradesh 28. BSBDA-Small Accounts are valid for a period of 12 months initially which may be extended by another_____ if the person 6. Gobind Sagar Dam is located in – Himachal Pradesh provides proof of having applied for an Officially Valid Document (OVD) – 12 months 7. Kumarakom bird sanctuary is located in – Kerala 29. What is the name of the Web based solution for interbank 8. In news we commonly here term “EFTPOS”. What does “P” and other bulk transactions – NACH (National Payments Corporation stands for – Point (Electronic Funds Transfer at Point of Sale) of India) 9. Bollywood based theme park is – Dubai Test GK 10. THE INDIA-_______ Joint Training Exercise, “Hand in Hand 1. Where was the National Children’s Film Festival 2017 held 2016” held in which Pune – India and China recently? a. New Delhi 11. Best performing actor at Asia Pacific Screen Awards is b. Panaji bestowed to – Manoj Vajpayee c. Bengaluru d. Visakhapatnam 12. Which operates in hourly batches – NEFT Answer: Visakhapatnam 3 | P a g e Cetking.com Cetking.com GK500 2017 2. Dhanak, which was chosen as the best children’s film at the 64th National Film Awards, has been directed by Answer: Kasav a. Nagesh Kuknoor b. Sanjay Leela Bhansali 10. Name the film that has won the award for the best Hindi film at c. Tigmanshu Dhulia the 64th National Film Awards. d. Anurag Kashyap a. Neerja b. Sarabjit Answer: Nagesh Kuknoor c. Rustom d. Pink 3. Name the first nation of the world to legalize sale, production & consumption of marijuana. Answer: Neerja a. Canada b. Uruguay 11. Who has won the best actor award at the 64th National Film c.