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GK QUESTIONS ASKED IN IBPS CLERK MAINS EXAM HELD ON 01 JAN 2017 1. What is MMID - Mobile Money Identifier (MMID) is a seven digit unique number issued by the bank. 2. Which payment system settles transactions on hourly basis - NEFT 3. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% equity held by - Governament of India 4. Where is the headquarter of Rabo Bank - Netherlands 5. What does P stand for in EFTPOS - Electronic Fund Transfer at Point of Sale 6. Irom Sharmila belongs to which State - Manipur 7. Limit of foreign investment in Universal Banks - 49% or 74% 8. Where was Global Citizen festival held - Mumbai 9. India's deal of M777 Howitzers was carried out with which country? USA 10. Lending by RBI to commercial banks on Governament Securities is called as? Repo Rate 11. Who has been awarded International Children Peace Prize Award - Kehkashan Basu 12. Theme of International Day of Persons with Disabilities- Achieving 17 Goals for the Future We Want 13. Who owned the initial shares of RBI when it was started in 1934? - private shareholders 14. Who is the author of the book, "Immortals of Meluha" - Amish Tripathi 15. Where is the Kumarakom Bird sanctuary located - Kerala 16. Where was Heart of Asia Summit held? Amritsar 17. Current and saving account that don’t operate for a period more than 2 yrs are called as – Dormant Account 18. BSBDA account can be extended to how many months after submitting OVD – 12 Months 19. Who has been awarded Best Actor at the Asia Pacific Screen Awards - Manoj Bajpai 20. Hand in Hand joint Military exercise – Between India and China ( begins in Pune ) 21. Web based solution for interbank n other bulk transactions? NPCI 22. Where was the 207 km long bicycle highway inaugurated - Uttar Pradesh 23. NBFC accept deposits for a maximum period of – 60 Months 24. Gobind Sagar dam located in – Himachal Pradesh 25. National Financial Switch (NFS) Developed by – IDRBT 26. Balamurali krishnan who passed related to – Indian Carnatic vocalist 27. RBI working group chaired by – Sudarshan Sen 28. Commercial Paper (Promissory note) are issued by – Corporate companies 29. Which Microfinance is a universal bank – Bandhan Bank 30. Theme of International Day of Persons with Disabilities – Achieving 17 Goals for the Future We Want 31. One time Request for OTP not required for transaction reduced upto – Rs. 2000 32. Bollywood based theme park in – Dubai 33. Micro ATMs connects to server via - GPRS 34. Maximum loan size of single obligator can not be more than what % of the Capital Investment? - 10% 35. Small finance banks have to open 28% branches in-- Rural areas 36. Microcredit is a part of microfinance given to -- loans to poor Clients 37. Local area banks have the juridiction Over? a maximum of three contiguous districts 38. What is Card not present transaction? Online Purchase/Shopping 39. 40.

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