IBPS Clerk 2017 Mains: GA Day 14

Answer – 5. Bihar

Answer – 5. Uttar Pradesh

Answer – 5. Uttar Pradesh

Answer – 5. Uttar Pradesh

Answer – 4. Tallinn

Answer – 3. Euro

Answer – 3. Gujarat

Answer – 3. Paris

Answer – 2. Himachal Pradesh

Answer – 4.Chambal

Answer – 5. World Water Day

Answer – 2. kabaddi

Answer – 4. Qazaqstan
Explanation:
Kazakhstan, a Central Asian Country will change its name to Qazaqstan. On October 27, 2017, Kazakhstan Government announced that it will appoint a national committee to oversee the country’s transition from Russian Cyrillic to a Latin-based alphabet, which be completed by 2025. Kazakhstan Foreign Ministry has stated that as Latin is used by approximately 70% of all countries, changing to a Latin-based alphabet name is an essential part of global communication.

Answer – 2. 2 lakh
Explanation:
Central Board of Direct Taxes (CBDT) clarified that farmers do not need to quote Permanent Account Number (PAN) for cash sale of their produce up to Rs 2 lakh a day. Cultivators/agriculutralists had sought clarification from CBDT pertaining to applicability of a specific provision of Income-tax Act, 1961 to cash sale of agricultural produce. As per provision of section 269ST in the Income Tax Act, any cash sale of an amount of Rs 2 lakh or more on a single day, in respect of a single transaction or transactions relating to one event or occasion from an individual is prohibited.

Answer – 3. Yashwant Thorat
Explanation:
Maharashtra State government has formed a panel to study the feasibility of merging financially weak District Central Cooperative Banks (DCCBs) with the Maharashtra State Cooperative (MSC) Bank. The panel is headed by former NABARD chairman Yashwant Thorat. The panel has also been mandated to study reasons for financial weakness of banks and suggest ways for improvement. It is expected to submit its report in a month’s time.

Answer – 4. Bajaj Allianz
Explanation:
Insurance firm Bajaj Allianz has come up with India’s first ever insurance cover for individual victims of cyber crime. Under this policy, insurance cover will be provided against online fraud, identity theft, cyber-stalking and extortion, phishing and malware attack. Sum insured for this policy is in the range of Rs 1 lakh to Rs 1 crore. Insurance premium would depend on the number of hours the individual spends online. Higher the time spent implies greater the risk and would entail higher premium.

Answer – 5. Paytm
Explanation:
Digital payment platform Paytm launched ‘Inbox’, a messaging service that will allow consumers to chat with friends and family and send and request money at the same time. Paytm’s ‘Inbox’ is an end-to-end encrypted platform, through which users can users can initiate private conversations and create group chats. Users can even send photos and videos instantly, share live location. It also has a built-in camera which will enable to capture and share moments.

Answer – 3. Kerala
Explanation:
Kerala State Government has decided to formulate a ‘Trauma-Care Scheme’, under which all accident victims in Kerala will be provided necessary emergency care and treatment free-of-cost for the first 48 hours after being admitted to a hospital. All the expenses incurred by the hospital on treatment of accident victim during first 48 hours will be paid by the Kerala State Government. Kerala State Government will claim these expenses from Insurance Companies

Answer – 3. Krishna Sobti
Explanation:
Jnanpith Selection Board announced that renowned Hindi writer Krishna Sobti has been chosen for 2017 Jnanpith Award. Krishna Sobti was born in 1925 in Gujrat, Pakistan’s Punjab Province. Sobti is 92 years old. She is known for experimenting with new writing styles. Her language was highly influenced by the intermingling of Hindi, Urdu and Punjabi cultures. Some of her important works are Daar Se Bichhudi, Mitro Marjani, Zindaginama, Dil-o-Danish, Badalom ke Ghere, Ai Ladki and Gujarat Pakistan Se Gujarat Hindustan. Several of her works have been translated into other languages.

Answer – 5. Srirangam temple
Explanation:
Srirangam temple of Tiruchirapalli, Tamil Nadu has won the UNESCO Asia Pacific Award of Merit 2017 for cultural heritage conservation. The use of traditional methods in renovating temple structures and re-establishment of rainwater harvesting and historic drainage system were the main reasons for the temple to achieve the award. It has become the first temple in Tamil Nadu to be given the prestigious award from the UN body. The renovation of the temple began in June 2014.

Answer – 2. 25 lakh
Explanation:
As per MSMED Act 2006, In production/Manufacture, Micro Enterprise is an enterprise where investment in plant and machinery does not exceed 25 lakh.

Answer – 3. Section 35 A

Answer :4. Registration
Explanation:
LRN – Loan Registration Number

Answer – 4. 10
Explanation:
PAN is a unique, 10-character alpha-numeric identifier

Answer – 3. Individual
Explanation:
The fourth character informs about the type of holder of the card. P – Individual

Answer – 1. Repo Rate
Explanation:
The increase in the Repo Rate will increase the cost of borrowing and lending of the banks.

Answer – 5. Open Market Operations
Explanation:
Open Market Operations is an instrument of monetary policy which involves buying or selling of government securities from or to the public and banks.

Answer – 3. MBS
Explanation:
Mortgage-backed security (MBS) is a type of asset-backed security collateralised by a pool of mortgages

Answer – 1. Hedge
Explanation:
A Hedge is an investment to reduce the risk of adverse price movements in an asset.

Answer – 2. SLR
Explanation:
Every financial institution has to maintain a certain quantity of liquid assets with themselves at any point of time of their total time and demand liabilities. This is known as SLR.