IBPS Clerk 2017 Mains: GA Day 1

Answer – 5. Andhra Pradesh

Answer – 5. West Bengal

Answer – 3. Andaman & Nicobar

Answer – 5. Uttar Pradesh

Answer – 2. Tirane

Answer – 1. Lek

Answer – 2.Pilibhit

Answer – 2. The Hague

Answer – 5. Andhra Pradesh

Answer – 3.Krishna

Answer – 3. World laughter day

Answer – 3. Table Tennis

Answer – 2. New Delhi
Explanation
On 27th – 29th September 2017, India’s first Mobile Congress, India Mobile Congress 2017, was held at New Delhi.More than 300 exhibitors, and hundreds of startups from India participated in the India Mobile Congress.

Answer – 5. Ms.Nirmala Sitharaman
Explanation
On 30th September 2017, Defence Minister Ms.Nirmala Sitharaman inaugurated the Pratham-Shyok Bridge that links Leh to Karakoram, in Jammu and Kashmir.

Answer – 4. Aparna Kumar
Explanation
Indian Police Service (IPS) Officer of Uttar Pradesh Cadre, Aparna Kumar has become the first Indian woman to scale Mount Manaslu announced on 28th Sept. 2017.Mount Manaslu is the eighth highest mountain peak in the world.On September 25, Kumar took up a mission to climb Mount Manaslu in the west-central part of Nepal. In May 2016, she climbed Mount Everest before scaling Mount Vinson Massif, the highest peak in Antarctica.

Answer – 1. NeSL
Explanation:
On 27th September 2017, National e-Governance Services Ltd. (NeSL) received the final approval to become India’s first Information Utility (IU).NeSL – India’s first Information Utility: NeSL is a union government company.It had received an in-principle approval in June for establishing an information utility (IU).

Answer – 4. ICICI Bank
Explanation:
On 28th September 2017, ICICI Bank launched a new home loan product that offers 1 % cash-back for every EMI (Equated Monthly Instalment) during the entire loan period. The EMI cash-back is available for fresh home loans with minimum period of 15 years.

Answer – 3. 9%
Explanation:
On 27th September 2017, IDBI Bank said that it has sold 9 % stake in Small Industries Development Bank of India (SIDBI).IDBI sold 9 % stake in SIDBI. The amount for which the 9 % stake was sold is undisclosed.

Answer – 2. US

Answer – 1. IDBI Bank
Explanation:
On 26th September 2017, IDBI Bank launched ‘Project Nishchay’ in partnership with Boston Consulting Group (BCG) to improve its turnaround programme and financial performance.This project will be led by senior management of IDBI Bank and BCG. IDBI Bank has the highest ratio of bad loans among listed banks with a gross NPA ratio of over 24%.

Answer – 3. Call Money
Explanation:
Call money is short-term finance repayable on demand, with a maturity period of one to fourteen days or overnight to fortnight.

Answer – 2. Single Euro Payments Area
Explanation:
The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union for simplification of bank transfers denominated in Euro.

Answer – 3. Both (1) and (2)
Explanation:
Co-operative banks are regulated by the Reserve Bank of India under the Banking Regulation Act, 1949 and Banking Laws(Application to Co-operative Societies) Act, 1965

Answer – 1. Chain Banking
Explanation:
Chain Banking refers to the system in which two are more banks are brought under common control by a device other than the holding company.

Answer – 2. Escrow
Explanation:
An escrow account is a temporary pass through account held by a third party during the process of a transaction between two parties.

Answer – 2. Hypothecation
Explanation:
A charge against property for an amount of debt where neither ownership nor possession is passed to the creditor.

Answer – 2. CSO
Explanation:
The Central Statistical Office which is one of the two wings of the National Statistical Organisation (NSO) is responsible for coordination of statistical activities in the country and for evolving and maintaining statistical standards. Its activities include compilation of National Accounts.

Answer-1. Mis-selling
Explanation:
The act of selling something that is not suitable for the person who buys it.

Answer – 1. Section 24 of the Banking Regulation Act
Explanation:
SLR is governed by the provisions of Section 24 of the Banking Regulation Act. There is no minimum stipulation on SLR (earlier there used to be a minimum stipulated SLR of 25% – but this was removed with an amendment to the Banking Regulation Act in 2007). However, SLR can not exceed 40%.

Answer – 4. Mint
Explanation:
when Spurious coins tendered over the counter, it should be cut and handed over to the tenderer. If the tenderer disputes it, the coins should be sent to the mint at his cost, for examination.