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- Where did Union Minister for Commerce and Industry, Suresh Prabhu inaugurate the three-day 10th India Rubber Expo – 2019, on 17th January 2019?
1) New Delhi
2) Mumbai
3) Kolkata
4) Chennai
5) None of these
Answer & Explanation
Answer – 2) Mumbai
Explanation:
On January 17, 2019, Union Minister for Commerce and Industry, Suresh Prabhu inaugurated the three-day 10th India Rubber Expo – 2019 at the Bombay Exhibition Centre in Mumbai. He announced that a National Rubber Policy would soon be put to place to improve productivity of the sector enabling India’s efforts to become a 5 trillion-dollar economy. The India Rubber Expo is Asia’s largest rubber expo. The event offers a unique opportunity for Indian companies to meet and collaborate with overseas companies.
- Name the head of the eight member Group of Ministers (GoM) formed by Goods and Services Tax (GST) Council to suggest whether a uniform tax rate should be imposed on lotteries or the current differential tax rate system be continued?
1) Sudhir Mungantiwar
2) Thomas Isaac
3) Kerala Finance Minister
4) Amit Mitra
5) None of these
Answer & Explanation
Answer – 1) Sudhir Mungantiwar
Explanation:
On 16th January 2019, the GST council has constituted an eight member Group of Ministers (GoM) headed by Maharashtra State Finance Minister, Sudhir Mungantiwar to suggest whether a uniform tax rate should be imposed on lotteries or the current differential tax rate system be continued. The Complete list of Group of Ministers (GoM):
[table]Name Designation with State Sudhir Mungantiwar Maharashtra State Finance Minister Thomas Isaac Kerala Finance Minister Amit Mitra West Bengal Finance Minister Assam Finance Minister Himanta Biswa Sarma Manpreet Singh Badal Punjab Finance Minister Mauvin Godinho Goa Panchayat Minister Krishna Byre Gowda Karnataka Finance Minister Jarkar Gamlin Arunachal Tax and Excise Minister [/table]
- Union Cabinet gave its ex-post facto approval to the agreement on the facilitation of visa arrangements signed between India and which country on 16th January 2019?
1) Maldives
2) Egypt
3) Kuwait
4) Indonesia
5) None of these
Answer & Explanation
Answer – 1) Maldives
Explanation:
On 16th January 2019, The Union Cabinet chaired by Prime Minister Shri Narendra Modi gave its ex-post facto approval to the agreement on the facilitation of visa arrangements signed between India and the Maldives last month to further deepen people to people exchanges between the two countries. The Visa Facilitation Agreement which was signed during the visit of Maldivian President Ibrahim Mohamed Solih to India will make it easier for Maldivian and India nationals to travel to each other’s countries for tourism, medical treatment, education as well as business and employment. The Agreement provides for 90-day visa free travel for tourism, medical and limited business purpose. Furthermore it also allows easy conversion of such visa free entry to medical visa as well as visas for dependents of students and those pursuing employment in each other’s territories.
- Where did Minister of State in Department of Space Dr. Jitendra Singh inaugurate the 1st batch of UNNATI programme of Indian Space Research Organisation (ISRO) on 17th January 2019?
1) New Delhi
2) Hyderabad
3) Bengaluru
4) Kochi
5) None of these
Answer & Explanation
Answer – 3) Bengaluru
Explanation:
On January 17, 2019, Minister of State in Department of Space Dr. Jitendra Singh inaugurated the 1st batch of UNNATI programme of Indian Space Research Organisation (ISRO) in Bengaluru, Karnataka. The full form of UNNATI is: Unispace Nanosatellite Assembly and Training programme. It has been launched by ISRO as part of initiative by United Nations Office for Outer Space Affairs to commemorate the 50th anniversary of the first United Nations Conference on the Exploration and Peaceful Uses of Outer Space (UNISPACE-50).
- President Ram Nath Kovind gave his assent to _____ act that seeks to do away with the no-detention policy in schools, on 10th January 2019?
1) Right to education for All (Amendment) Act, 2019
2) Right of Children to Free and Compulsory Education (Amendment) Act, 2019
3) School Education Regulations (Amendment) Act, 2019
4) Compulsory School Education (Amendment) Act, 2019
5) None of these
Answer & Explanation
Answer – 2) Right of Children to Free and Compulsory Education (Amendment) Act, 2019
Explanation:
On January 10, 2019, the President of India, Shri. Ram Nath Kovind gave his assent to the Right of Children to Free and Compulsory Education (Amendment) Act, 2019. It was passed by the Parliament on 3rd January, 2019. It has also been notified in the Gazette of India on January 16, 2019, which is when it came into force. Earlier it was called the ‘Right of Children to Free and Compulsory Education Act, 2009’. The following changes have been made:
• There shall be a regular examination in the fifth class and in the eighth
• class at the end of every academic year,
If a child fails in the examination, he shall be given additional instruction and granted opportunity for re-examination within a period of two months from the date of declaration of the result. Government may allow schools to hold back a child in the fifth class or in the eighth class or in both classes, if he fails in the re-examination. No child shall be expelled from a school till the completion of elementary education.
- Where did President Ram Nath Kovind inaugurate the two-day Gandhian Resurgence Summit on the occasion of Father of the Nation Mahatma Gandhi’s 150th birth anniversary on 17th January 2019?
1) Prayagraj, Uttar Pradesh
2) Gandhinagar, Gujarat
3) Bhopal, Madhya Pradesh
4) Kochi, Kerala
5) None of these
Answer & Explanation
Answer – 1) Prayagraj, Uttar Pradesh
Explanation:
On 17th January 2019, honorable President of India Shri. Ram Nath Kovind inaugurated the two-day Gandhian Resurgence Summit on the occasion of Father of the Nation Mahatma Gandhi’s 150 birth anniversary at Prayagraj in Uttar Pradesh. The summit was organised by the Parmarath Niketan, the Harijan Sevak Sangh and the Global Interfaith WASH Alliance. The President also unveiled the statue of Maharishi Bhardwaj in the town. Mr Kovind participated in Vishwa Shanti Yagya at Parmarth Niketan in Arail.
- Union Cabinet approved recapitalization of Export-Import Bank of India (EXIM Bank) to the tune of ____ rupees to expand its business, on 16th January 2019?
1) Rs 2,000 crore
2) Rs 4,000 crore
3) Rs 6,000 crore
4) Rs 5,000 crore
5) None of these
Answer & Explanation
Answer – 3) Rs 6,000 crore
Explanation:
On 16th January 2019, the Union Cabinet chaired by Prime Minister Shri Narendra Modi approved recapitalization of Export-Import Bank of India (EXIM Bank) to the tune of 6,000 crore rupees to expand its business. The bank will be infused with Rs 4,500 crore before March 2019 and Rs 1,500 crore in the next fiscal by Issuance of Recapitalization Bonds by Government of India which will be in line with those issued to Public Sector Banks. The cabinet has also approved to increase in the authorized capital of Exim Bank from 10,000 crore to 20,000 crore rupees. The infusion of capital into Exim Bank which is the principal export credit agency for India will enable it to augment capital adequacy and support Indian exports with enhanced ability. Besides it will also support Indian textile industries and give thrust to initiatives like changes in Concessional Finance Scheme (CFS) and likelihood of new letters of credit (LoCs) to be issued in future in view of India’s active foreign policy and strategic intent.
- Where was the Indian Panorama Film Festival held from 4th to 13th January 2019?
1) New Delhi
2) Mumbai
3) Kolkata
4) Chennai
5) None of these
Answer & Explanation
Answer – 1) New Delhi
Explanation:
On January 13, 2019, the 10-day Indian Panorama Film Festival, that was inaugurated by Secretary, Ministry of I&B, Shri Amit Khare, concluded at Siri Fort Auditorium II, in New Delhi. It commenced on January 4, 2019. It was organized by: Directorate of Film Festivals, Ministry of I&B. The opening feature film of the festival was ‘Olu’, directed by Shri Shaji N Karun. The opening non-feature film of the festival was ‘Kharvas’, directed by Shri Aditya Suhas Jambhale. In this festival, 26 Feature Films and 21 Non-Feature Films were screened. Additionally, all the films selected under the Indian Panorama section in the 49th International Film Festival of India were screened during the Festival.
- Union Cabinet gave its approval for an expenditure of _____ rupees for setting up of 13 new Central Universities on 16th January 2019, which will be completed within a period of 36 months,?
1) Rs. 3639.32 core
2) Rs. 4390.51 crore
3) Rs. 5123.67 crore
4) Rs. 2356.89 crore
5) None of these
Answer & Explanation
Answer – 1) Rs. 3639.32 core
Explanation:
Prime Minister Shri Narendra Modi chaired Union Cabinet has given its approval for an expenditure of Rs.3639.32 core for setting up of the 13 new Central Universities the work of which will be completed within a period of 36 months. Besides the Cabinet has also given ex-post facto approval for an amount of Rs.1474.65 crore, being the amount spent over and above the earlier Cabinet approval of Rs.3000 crore for these Central Universities. The total estimated cost of the construction of these universities would be Rs 8,113 crore. The decision will increase access to higher education besides minimizing the regional imbalances in educational facilities. It will also encourage other Universities to improve their standards. The new Central Universities which were established under Central Universities Act, 2009 are located in in the States of Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir (Two), Jharkhand, Karnataka, Kerala, Orissa, Punjab, Rajasthan and Tamil Nadu.
- Name the academy that launched the second phase of the WebCampaign ‘SĀNJHI –MUJH MEIN KALĀKĀR’, on 16th January 2019?
1) Kalashetra
2) Sangeet Natak Akademi
3) Srishti Natyalaya
4) Sangeet Pathshala
5) None of these
Answer & Explanation
Answer – 2) Sangeet Natak Akademi
Explanation:
On January 16, 2019, the National Academy of Music, Dance and Drama, Sangeet Natak Akademi (SNA) launched the second phase of the WebCampaign ‘SĀNJHI –MUJH MEIN KALĀKĀR’. Its objective is to document and promote direct public-participation in the Intangible Cultural Heritage (ICH) and diverse cultural traditions of the country. The literal meaning of the term SĀNJHI is “to share” and “to partner”. The second phase of this campaign, SĀNJHI –MUJH MEIN KALĀKĀR, will be main focused in areas like- the folk, traditional, customary, socially events and ritualistic art forms. This second phase would focus around the time of harvest festival season of January which is dubbed in many nomenclatures like Makar Sankranti, Pongal, Lohri, Bhogali Bihu, Torgya, Uttarayan, Attukkal Pongal etc.
- Union Cabinet approved the development of Integrated E-filing &Centralized Processing Center 2.0 Project of the Income Tax Department at a total cost of Rs 4,241.97 crore. It will be implemented by which company?
1) Wipro
2) HCL
3) Infosys
4) IBM
5) None of these
Answer & Explanation
Answer – 3) Infosys
Explanation:
On 16th January 2019, Prime Minister Shri Narendra Modi chaired Union Cabinet has given its approval for development of the next generation income tax filing and processing centre i.e., Integrated E-filing &Centralized Processing Center 2.0 Projectof the Income Tax Department. The total cost of the project will be Rs 4,241.97crore and will be implemented by IT major Infosys which has been selected after the bidding process. The project is expected to be completed in 18 months and will be launched after 3 months of testing. The new system will help in improving tax payers’ awareness and education through continuous engagement besides accelerating the process of returns and issue of refunds to the tax payers’ bank account directly. This will ensures the continuation of the Department’s goal towards business transformation through technology. The processing time for Income Tax Return (ITR) which at present is 63 days will come down to 1 day after implementation of the project. Furthermore the Cabinet also sanctioned a consolidated cost of Rs 1,482.44 crore for the existing CPC-ITR 1.0 project up to 2018-19.
- Cyber-attacks feature in _____ position in terms of likelihood, as per the 14th edition of Global Risk Report 2019 released by World Economic Forum?
1) 3rd
2) 4th
3) 6th
4) 5th
5) None of these
Answer & Explanation
Answer – 4) 5th
Explanation:
On January 16, 2019, the World Economic Forum released its annual Global Risk Report 2019, the 14th edition. Highlights of the report:
• Risks of major -power political confrontations are imminent.
• With risks intensifying, the collective will to tackle them is lacking.
• Environmental threats dominate the list for the third year in row – both in terms of impact and likelihood.
• ‘Failure of climate-change mitigation and adaptation’ – is in second place on both lists of likelihood and impact.
• Cyber-attacks feature in both top 10s, at number five for likelihood and seven for impact, while data fraud is at number four for likelihood, reflecting an overall trend as technology shapes the risk landscape.
• In terms of Societal Risk, water crises, defined as “a significant decline in the available quality and quantity of fresh water, resulting in harmful effects on human health and/or economic activity has also featured.
• The report also warns of the macroeconomic risks that could be faced ahead in 2019
- Reserve Bank of India announced that it will inject _____ rupees into the system to increase liquidity through open market operations (OMOs), on 16th January 2019?
1) Rs 10,000 crore
2) Rs 25,000 crore
3) Rs 15,000 crore
4) Rs 30,000 crore
5) None of these
Answer & Explanation
Answer – 1) Rs 10,000 crore
Explanation:
On January 16, 2019, the Reserve Bank of India announced that it will inject 10,000 crore rupees into the system to increase liquidity through open market operations (OMOs). The offers have been instructed to be submitted in electronic format on the RBI Core Banking Solution (E-Kuber) system. It also plans to inject liquidity under OMOs for 50,000 crore rupees in January 2019. The central bank has so far injected Rs 20,000 through OMOs in January 2019.
- What was the penalty imposed by Reserve Bank of India (RBI) on Bank of Maharashtra (BoM) for non-compliance of Know Your Customer (KYC) guidelines and fraud-classification norms, on 16th January 2019?
1) Rs 2 crore
2) Rs 3 crore
3) Rs 1 crore
4) RS 4 crore
5) None of these
Answer & Explanation
Answer – 3) Rs 1 crore
Explanation:
On January 16, 2019, Reserve Bank of India (RBI),imposed a Rs 1-crore penalty on state-owned Bank of Maharashtra (BoM) for non-compliance of Know Your Customer (KYC) guidelines and fraud-classification norms. The penalty has been imposed on failure of the bank to follow the rules and regulation issued by the RBI. In the year 2018, the RBI had imposed a penalty of Rs 1 crore on BoM on account of delay on the part of the bank to detect and report fraud in accounts.
- Reserve Bank of India rationalised the overseas borrowing norms allowing a uniform borrowing limit of _____ rupees a year across tenors in its New External Commercial Borrowings (ECB) Framework released on 16th January 2019?
1) Rs 250 million
2) Rs 400 million
3) Rs 500 million
4) Rs 750 million
5) None of these
Answer & Explanation
Answer – 4) Rs 750 million
Explanation:
On January 16, 2019, RBI announced the New External Commercial Borrowings (ECB) Framework. Its objective is to promote ease of doing business. According to the announcement, a few changes has been made. They are:
• RBI rationalised the overseas borrowing norms allowing a uniform borrowing limit of Rs 750 million a year across tenors.
• The list of eligible borrowers has been expanded to enable all entities eligible to receive foreign direct investment under the ECB framework.
• Any entity who is a resident of a country which is FATF or IOSCOcompliant will be treated as a recognised lender. This in term increases the lending options for lenders.
• The minimum average maturity period (MAMP) has been kept at 3years for all ECBs, irrespective of the amount of borrowing, except the borrowers specifically permitted in the circular to borrow for a shorter period.
• A late submission fee for delay in prescribed reporting under the ECB framework have been introduced.
• Tracks I (medium term ECB of three to five years)and Track II (long term ECB of upto ten years ) under the existing framework have been merged as “Foreign Currency denominated ECB” and Track III and Rupee Denominated Bonds framework are combined as “Rupee Denominated ECB” to replace the current four-tiered structure, making the framework instrument-neutral.
- India ratings and research, a Fitch group company, has estimated that India’s GDP growth to be what percent in financial year 2019-20?
1) 7.5 %
2) 7.4 %
3) 7.6 %
4) 7.3 %
5) None of these
Answer & Explanation
Answer – 1) 7.5 %
Explanation:
On 17th January 2019, a Fitch group company India ratings and research estimated that India’s GDP growth to be a “tad higher” at 7.5% in financial year 2019-20. Earlier it was 7.2% during fiscal year 2018-19. The economy seen a growth rate of 7.2% in the current financial year against 6.7% in the previous year estimated by Central Statistics Office (CSO). According to India Ratings investments are slow but steady gaining traction with gross fixed capital formation growing 12.2% in FY19 and projected to grow at 10.3% in FY20. According to Fitch rating current fiscal has seen sharp recovery after demonetization and GST (Goods and Services Tax).
- Securities and Exchange Board of India (SEBI) issued drafts norm for commodity indices allowing trading in commodity-index-based futures, on 16th January 2019. It has proposed a maximum weightage of ____ % and minimum 1% for a constituent?
1) 25 %
2) 20 %
3) 45 %
4) 50 %
5) None of these
Answer & Explanation
Answer – 2) 20 %
Explanation:
On 16th January 2019, Securities and Exchange Board of India (SEBI) issued drafts norm for commodity indices allowing trading in commodity-index-based futures. Earlier only individual commodity futures and options on it were allowed. Only contracts that are compliant with certain conditions would be allowed to be part of the indices. SEBI proposed a maximum weightage of 20% and minimum 1% for a constituent. As per the drafts norms, the contracts should have traded for at least 90% of trading days in last 12 months and they should have a minimum average daily turnover. The turnover should be at least Rs 75 crore for agricultural and agri-processed commodities, and Rs 500 crore for all other commodities. Future contracts concerned should have been trading in the particular exchange for at least 12 months before re-balqncing an index. Initially tenor of the contracts can be of six months with a contract size of at least Rs 5 lakh. The draft norms are the recommendations made by the Commodity Derivatives Advisory Committee (CDAC) set by SEBI 3 years ago.
- The total notional value of call options written by a scheme shall not exceed what percent of total market value of equity shares held in that scheme, as per norms for mutual fund investments in derivatives issued by SEBI?
1) 20 %
2) 30 %
3) 10 %
4) 15 %
5) None of these
Answer & Explanation
Answer – 4) 15 %
Explanation:
On January 16, 2019, Markets regulator SEBI allowed mutual fund schemes (except Index Funds and ETFs) to write call options only under a covered call strategy for constituent stocks of Nifty 50 and Sensex indices. The announcement includes the following:
• The total notional value of call options written by a scheme shall not exceed 15 per cent of the total market value of equity shares held in that scheme.
• The total number of shares underlying the call options written should not exceed 30 per cent of the shares of a particular company held in the scheme.
• No scheme shall write a call option without holding the underlying equity shares.
• the call option written should be marked to market daily and the respective gains or losses should be factored into the daily net asset value of the respective scheme until the position closes or expires.
• the risks and benefit of the same, must be disclosed in the Scheme Information Document.
- Name the Goodwill Ambassador of the World Health Organization for Leprosy Elimination who has been conferred with Gandhi Peace Prize for 2018?
1) Lee Win Shui
2) Yohei Sasakawa
3) Adam Gillworth
4) Stephen Gotham
5) None of these
Answer & Explanation
Answer – 2) Yohei Sasakawa
Explanation:
On January 17, 2019, Yohei Sasakawa was named to receive Gandhi Peace Prize for 2018,who is the Goodwill Ambassador of the World Health Organization for Leprosy Elimination.The award will be given to Yohei Sasakawa in recognition of his work towards the eradication of the disease in India and across the world. The award was instituted by the Government of India in 1995 during the commemoration of 125th Birth anniversary of Mahatma Gandhi.The title winners would receive a cash prize of Rs.1 crore. The Indian government had instituted the award in 1995 to honour individuals and institutions for their contribution towards social, economic and political transformation through non-violence and other Gandhian methods. The committee under the Chair of Prime Minister Shri NarendraModi comprising the Chief Justice of India,Justice Ranjan Gogoi(45th chief justice), Speaker of LokSabha Smt. Sumitra Mahajan, Leader of the single largest Opposition Party in LokSabha Shri. MallikarjunaKharge and Member of Parliament, Shri L.K. Advani decided to select this organisation and persons in recognition to their outstanding contributions in the specific fields.
- Which Indian born professor was announced the recipient of the 2019 Japan Prize in the field of “Biological Production, Ecology” by the Japan Prize Foundation?
1) Dr. Mithra Dubey
2) Dr. Rattan Lal
3) Dr. Raveena Singh
4) Dr. Mithun Khanna
5) None of these
Answer & Explanation
Answer – 2) Dr. Rattan Lal
Explanation:
On January 16, 2019, the Japan Prize Foundation announced India born Professor Dr. Rattan Lal as the recipient of the 2019 Japan Prize in the field of “Biological Production, Ecology”. Dr. Yoshio Okamoto was announced to be the recipient of the 2019 Japan Prize on of “Materials and Production” field. Each laureate will receive a certificate of recognition and a commemorative gold medal. A cash award of 50 million Japanese yen (approximately $450,000 USD) will also be given to each prize field.
- President Ram Nath Kovind approved the elevation of Justice Sanjiv Khanna and _____ to the Supreme Court, on 16th January 2019?
1) Justice Sandeep Vaishnav
2) Justice Dinesh Maheshwari
3) Justice Vinod Mishra
4) Justice Roopa Malik
5) None of these
Answer & Explanation
Answer – 2) Justice Dinesh Maheshwari
Explanation:
On January 16, 2019, President Ram Nath Kovind approved the elevation of Justice Sanjiv Khanna and Justice Dinesh Maheshwari to the Supreme Court. Justice Khanna is presently a judge of the Delhi High Court. Justice Maheshwari is the Chief Justice of the Karnataka High Court. The elevation was done under the recommendations of the Supreme Court collegium headed by Chief Justice of India Justice Ranjan Gogoi. The appointments of the two judges took the total strength of the Supreme Court to 28 as against a sanctioned strength of 31.
- Who was appointed as Additional Solicitor General of India for the Supreme Court, on 16th January 2019?
1) Rujuta Sen
2) Sanjay Jain
3) Advyth Mahila
4) Arpit Kumar
5) None of these
Answer & Explanation
Answer – 2) Sanjay Jain
Explanation:
On January 16, 2019,President Ram Nath Kovind appointed senior advocate Sanjay Jain as Additional Solicitor General of India for the Supreme Court.He will be on the post till June 30,2020.With the appointment of Sanjay Jain, the Central government now has seven Additional Solicitor General in Supreme Court. Additional Solicitor General, appointed under Law Officers Act 1987, is the third largest law officerof the Central Government. It is a duty of the Additional Solicitor Genral to assist theSolicitor General. The President of India Ramnath Kovind also appointed Senior Advocate KM Nataraj as the Additional Solicitor General (ASG) in the Supreme Court of India. His term will also end on June 30, 2020.He also holded the post as the Additional Advocate-General of Karnataka for four years from 2009 and also as the Additional Solicitor General of India for Southern Zone for a period of 03 years.
- Where was the world’s first television channel dedicated to human rights launched by the International Observatory of Human Rights (IOHR) on 16th January 2019?
1) New Delhi, India
2) New York, United States
3) London, United Kingdom
4) Sydney, Australia
5) None of these
Answer & Explanation
Answer – 3) London, United Kingdom
Explanation:
On January 16, 2019, world’s first television channel dedicated to human rights was launched in London by the International Observatory of Human Rights (IOHR). It would be a web-based channel would bring human rights issues to audiences in over 20 countries across Europe, Latin America and the Middle East. Initally the programmes would be in broadcasted in English but other languages including Farsi, Turkish, Arabic and Russian would be inducted in the future. Also a mobile app for the channel would be launched.
- New cases of Kyasanur Forest Disease (KFD) also known as monkey fever was reported in which state in December 2018?
1) Madhya Pradesh
2) Haryana
3) Bihar
4) Karnataka
5) None of these
Answer & Explanation
Answer – 4) Karnataka
Explanation:
Two positive cases of Kyasanur Forest Disease (KFD), also known as monkey fever have been reported from Aralagodu Gram Panchayat limits in Sagar taluk in December 2018. Blood samples of a 40-year-old woman and a 29-year-old man from Aralagodu have tested positive for KFD. Both were admitted to McGann Hospital, a government hospital attached to Shivamogga Institute of Medical Sciences, for treatment and were on the path to recovery. Their health is being closely monitored. KFD is a tick-borne viral infection that spreads from monkeys to humans through tick bite. High fever, ache in joints and bleeding in gums are some of the symptoms of the disease. In 2017, four died due to KFD in the district and 48 positive cases were reported during this period. In many cases, persons who venture in to forests to collect firewood or graze their cattle contract the disease through tick bite.
- John C. Bogle passed away on January 16, 2019. He was a ____?
1) Politician
2) Singer
3) Actor
4) Businessman
5) None of these
Answer & Explanation
Answer – 4) Businessman
Explanation:
On January 16, 2019,John C. Bogle, who founded the Vanguard Group of Investment Companies in 1974 and built it into a giant kingdom, with $4.9 trillion in assets under management today, died at the age of 89. Bogle was also a best-selling author,Stay the Course: The Story of Vanguard and the Index Revolution is the recent and the last master piece written by him.
Static GK Quiz based on Current Affairs:
- Who is the Chief Justice of India?
Answer & Explanation
Answer – Justice Ranjan Gogoi
- Name the chairman and headquarters of SEBI (Securities and Exchange Board of India)?
Answer & Explanation
Answer – Chairman – Ajay Tyagi; Headquarters – Mumbai, Maharashtra
- Where is Sandi Bird Sanctuary located?
Answer & Explanation
Answer – Uttar Pradesh
- What is the capital and currency of Maldives?
Answer & Explanation
Answer – Capital – Male; Currency – Maldivian Rufiyaa
- Who is the Executive Chairman of World Economic Forum headquartered in Geneva, Switzerland?
Answer & Explanation
Answer – Mr. Klaus Schwab
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