Expected GK Questions For IB ACIO Exam 2017: Part I

October 11, 2017    

Expected GK Questions For IB ACIO Exam 2017: Part I
1. In which year did the first BIMSTEC Disaster Management Exercise held?
a. 2013
b. 2014
c. 2015
d. 2016
e. 2017

2. The Union government has set up special fund ‘DPIDF’ to boost the dairy sector. What does “DPIDF” stands for?
a. Dairy Processing and Infra Development Fund
b. Dairy Processing and Internal Development Fund
c. Dairy Processing and Infrastructure Development Fund
d. Dairy Processing and Internet Development Fund
e. None of the above.

3. Who is the newly appointed CMD of Oil and Natural Gas Corporation (ONGC)?
a. Shashi Shanker
b. Nirmala Kaur
c. K S Rajput
d. Dinesh Sarraf
e. None of the above.

4. Where is Asian Developement Bank's headquarter located?
a. Malaysia
b. Philippines
c. Korea
d. China
e. None of the above

5. The Sitanadi Wildlife Sanctuary (SWS) is located in which state?
a. Maharashtra
b. Jharkhand
c. Madhya Pradesh
d. Chhattisgarh
e. None of the above.

6. Which Indian entrepreneur has won the prestigious International Business Person of the Year award in London for innovative IT solutions?
a. Birendra Sasmal
b. Uday Lanje
c. Madhira Srinivasu
d. Ranjan Kumar
e. None of the above

7. Who has been appointed as the new Governor of Bihar?
a. Devendra Kumar Joshi
b. Satya Pal Malik
c. Jagdish Mukhi
d. Banwarilal Purohit
e. None of the above

8. Who of the following has won the Nobel Prize for Literature 2017?
a. Svetlana Alexievich
b. Mo Yan
c. Patrick Modiano
d. Kazuo Ishiguro
e. Wyl Menmuir

9. Pooja Kadian is associated with which sports?
a. Table Tennis
b. Badminton
c. Boxing
d. Wushu
e. Wrestling

10.Which Indian sportsperson has clinched the World Open Under-16 Snooker Championship-2017?
a. Arantxa Sanchis
b. Keerthana Pandian
c. Anupama Ramachandran
d. Anuja Thakur
e. Pankaj Advani

11. Bangladesh has signed how much amount of loan deal with India for its infrastructure and social sector development?
a. $4.5 billion
b. $5.5 billion
c. $6.5 billion
d. $7.5 billion
e. $8.5 billion

12. Who has become the first person from India to win Anna Politkovskaya Award?
a. Rajdev Ranjan
b. Gauri Lankesh
c. Tarun Kumar Acharya
d. M. V. N. Shankar
e. Ravish Kumar

13. From July 1, 2017, the nationwide GST (Goods & Services Tax) has been rolled out in India, making the country a single market. What is the current size of Indian economy?
a. USD 1 Trillion
b. USD 2 Trillion
c. USD 3 Trillion
d. USD 4 Trillion
e. USD 5 Trillion

14. What is the size of new Rs.500 Bank Note?
a. 68 mmX150 mm
b. 68 mmX155 mm
c. 66 mmX150 mm
d. 66 mmX152 mm
e. None of the above

15. Which among the following places is not a site for India’s currency notes printing press?
a. Nasik
b. Mysuru
c. Salboni
d. Jhansi
e. Dewas


 ANSWERS and EXPLANATIONS

1. 2017

Answer Explanation: The first BIMSTEC Disaster Management Exercise-2017 (DMEx-2017) was held in New Delhi, India from October 10-13, 2017. It was conducted by National Disaster Response Force (NDRF) as the lead agency in the National Capital Region (NCR). 

2. Dairy Processing and Infrastructure Development Fund

Answer Explanation: The Union government has set up the Dairy Processing and Infrastructure Development Fund (DPIDF) worth Rs 10,881 crore to boost the dairy sector. With this investment, 95 lakh farmers from about 50,000 villages would be benefited. 

3.  Shashi Shanker

Answer Explanation: Shashi Shanker has been appointed Chairman and Managing Director of India’s biggest oil and gas producer, Oil and Natural Gas Corporation (ONGC) till March 31, 2021.

4.   Philippines

Answer Explanation: The Asian Development Bank is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in Mandaluyong, Metro Manila, Philippines.

5.  Chhattisgarh

Answer Explanation: The Sitanadi Wildlife Sanctuary (SWS) is located in Dhamtari District, Chhattisgarh and covers an area of 556 square kilometers. It is named after Sitanadi River which originates from this sanctuary and joins Mahanadi River near Deokhut. 

6. Birendra Sasmal

Answer Explanation: Birendra Sasmal, a Ghana-based Indian entrepreneur, has won a prestigious International Business Person of the Year at the Asian Achievers Awards in London for his efforts to bring innovative IT solutions to Africa. 

7.  Satya Pal Malik

Answer Explanation: President Ram Nath Kovind has recently appointed Governors in five states and Lieutenant Governor in one Union Territory. These are as follows: Brigadier (Retd) B D Mishra has been appointed as the new Governor of Arunachal Pradesh and former member of Bihar Legislative Council Ganga Prasad as new Governor of Meghalaya. Satya Pal Malik, the former Union Minister, has been appointed as the new Governor of Bihar while Assam Governor Banwarilal Purohit will now be the new Governor of Tamil Nadu. Admiral (Retd) Devendra Kumar Joshi will be the Lieutenant Governor of Andaman and Nicobar while Prof. Jagdish Mukhi will be the new Governor of Assam. The above appointments will take effect from the dates the incumbents assume charge of their respective offices.

8. Kazuo Ishiguro

Answer Explanation: British writer Kazuo Ishiguro has won the 2017 Nobel Prize for Literature. The novelist was praised by the Swedish Academy as a writer “who, in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world”.The prize of 9 million Swedish kronor will be awarded to him.

9.  Wushu

Answer Explanation: Pooja Kadian has created history by becoming the first Indian to clinch a gold medal at Wushu (a kind of martial arts)World Championships in the 75 kilogram women Sanda category after defeating Evgeniya Stepanova in the final at Kazan on October 5, 2017. 

10. Anupama Ramachandran

Answer Explanation: Anupama Ramachandran from India has clinched the World Open Under-16 Snooker Championship title at St. Petersburg in Russia on October 8, 2017. In the girls category, second seed Anupama knocked out her compatriot and top seed Keerthana Pandian in the final by 3-1 to become World Open Under-16 champion. 

11. $4.5 billion

Answer Explanation: Bangladesh has signed $4.5 billion third line of credit (LoC) agreement with India for its infrastructure and social sector development on October 4, 2017. The new Indian line of credit will be used to fund 17 major projects in Bangladesh, which include electricity, railroads, roads, shipping and ports. 

12. Gauri Lankesh

Answer Explanation: Kannada journalist Gauri Lankesh, who was shot dead in Bengaluru on September 5, 2017, has been awarded a prestigious global Anna Politkovskaya Award, which is given in the memory of a slain Russian reporter and political activist. With this, she became the first person from India to receive the honour. 

13.  USD 2 Trillion 

Answer Explanation: India is a USD 2 trillion economy with around 1.3 billion people.

14.  66 mm x 150 mm
Answer Explanation: The size of new design Rs 500 bank note is 66 mm x 150 mm and the size of new design Rs 2,000 bank note is 66 mm x 166 mm.

15.  Jhansi

Answer Explanation: India has four currency note printing pressess — two RBI presses in Mysuru (Karnataka) and Salboni (West Bengal) and two Security Printing and Minting Corp of India Ltd (SMPCIL) presses in Nashik (Maharashtra) and Dewas (Madhya Pradesh). 


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- http://www.bankexamstoday.com/2017/10/expected-gk-questions-for-ib-acio-exam.html
Expected GK Questions For IB ACIO Exam 2017: Part I 4.5 5 Yateendra sahu October 11, 2017 1. In which year did the first BIMSTEC Disaster Management Exercise held? a. 2013 b. 2014 c. 2015 d. 2016 e. 2017 2. The Union govern...


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