IBPS Clerk 2017 Mains Test: GA Day 28

Answer : 3. Madhya Pradesh

Answer : 5. Odisha

Answer : 5. Madhya Pradesh

Answer : 4. Maharashtra

Answer : 2. Abuja

Answer : 5. Nairo

Answer : 3. Shri Ananth kumar

Answer : 1. Thrissur

Answer : 5. Kerala

Answer : 3.Khobragadi

Answer : 5. World Ocean Day

Answer : 4. Google AI China Center
Explanation :
‘Google AI China Center’ was launched by Fei-Fei Li, Google Cloud’s Chief Scientist, at the Google Developer Days event in Shanghai, China. This is google’s first lab in Asia. Fei-Fei Li along with Google Cloud research head Dr. Jia Li will be leading and coordinating research.The centre will be focused on basic AI research. It will consist of a team of AI researchers in Beijing, supported by Google China’s strong engineering teams.Besides publishing its own work, the Google AI China Center will also support the AI research community by funding and sponsoring AI conferences and workshops, and working closely with Chinese AI research community.

Answer : 3. Indian Navy
Explanation :
Prime Minister Narendra Modi commissioned INS Kalvari submarine into the Indian Navy. The commissioning ceremony was held in Mumbai. Union Defence Minister Nirmala Sitharaman and Navy chief Admiral Sunil Lanba was also present at the commissioning ceremony.INS Kalvari is the first of the six Scorpene-class submarines being built by Mazagon Dock Limited (MDL).Kalvari (in Malayalam), is tiger shark, a deadly predator found in tropical and temperate waters.The Scorpenes are diesel-electric attack submarines, being built by Mazagaon Dock Ltd under Project 75 with transfer of technology from a French naval defence and energy company.Weighing 1565-tonne, INS Kalvari has an overall length of 67.5 metre and a height of about 12.3 metres.INS Kalvari has state-of-the-art stealth features such as advanced acoustic silencing techniques and low radiated noise levels. Its design has been hydro-dynamically optimised to produce minimum underwater resistance. In terms of strike capability, it can be loaded with precision-guided weapons to launch a crippling attack on enemy targets.

Answer : 2. World Bank
Explanation :
India signed Financing Agreement for International Bank for Reconstruction and Development (IBRD) loan of USD 250 million for the Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Project. IBRD is a member institution of the World Bank Group.Objective of SANKALP project is to strengthen institutional mechanisms for skill development as well as to increase access to quality and market-relevant training for the work force.Institutional Strengthening at the National as well as State Levels for Planning, Delivering, and Monitoring High-Quality Market-Relevant Training, Improved access to and completion of skills training for female trainees and other disadvantaged groups, Improved Quality and Market Relevance of Skills Development Programs and Expanding skills training through private-public partnerships (PPPs) are the key result areas of SANKALP Project.

Answer : 4. IndusInd Bank
Explanation :
Reserve Bank of India (RBI) has imposed Rs 3 crore penalty on IndusInd Bank for violation of income classification norms.Through an inspection, RBI had observed that IndusInd Bank breached Income Recognition and Asset Classification (IRAC) norms. Besides, it was observed that IndusInd Bank did not adhere to regulatory restrictions pertaining to non-fund based (NFB) facilities. However, RBI categorically mentioned that this penalty was solely for non-compliance with regulatory norms and does not invalidate any transaction or agreement entered into by IndusInd bank with its customers

Answer : 5. YES Bank
Explanation :
Online investment platform, FundsIndia.com, has partnered with private sector lender, YES BANK to launch Unified Payments Interface (UPI) on its Android app for mutual fund payments.On account of this tie-up, FundsIndia has become the first online mutual fund distributor to support UPI for client payments. UPI facilitates instant processing of payments and is currently the fastest way to complete mutual fund transactions as compared to National Electronic Funds Transfer (NEFT), Net Banking and other payment methods.To use this feature, a Virtual Payment Address (VPA) is required. FundsIndia users can create their own VPA on the FundsIndia Android app (backed by Yes Bank’s engine). Thereafter the user has to link the VPA with his/her bank account.Funds India’s UPI integration supports payments from 58 banks

Answer :2. Michael Jordan
Explanation :
In the latest list of Highest-Paid Athlete of All Time, released by Forbes, retired Basketball Legend Michael Jordan has been named as the highest-paid athlete of all time. Michael Jordan who is 54 years old has $1.7 billion in the bank. Former world number one golfer Tiger Woods has secured the second spot, with $1.7 billionpretax. Late America golfer Arnold Palmer is at number 3 with $1.4 billion to his name. He is followed by retired golfer Jack Nicklaus with $1.2 billion.

Answer : 1. Julio Ribeiro
Explanation :
Former Director-General of Police of Punjab and Mumbai Police Commissioner Julio Ribeiro will be honoured with ‘Police Jeevan Gaurav Award’ by the Arvind Inamdar Foundation on December 29, 2017.The ceremony will be held in the auditorium of Swatantryveer Savarkar Rashtriya Smarak, Dadar in Central Mumbai. Awards will be presented by noted scientist Raghunath Mashelkar.This year, apart from Julio Ribeiro, the foundation will honour retired Deputy Superintendent of Police of Nagpur Ramesh Mehta and retired assistant sub-inspector of Beed Pandurang Misal.

Answer : 2. India
Explanation :
Danny Alexander, Vice-President and Corporate Secretary of the Asian Infrastructure Investment Bank (AIIB) has stated that India is the first country where AIIB has approved more than $1 billion of financing. AIIBs has lent funding support primarily for energy, transport and broader infrastructure projects. Currently AIIB is making efforts to mobilise private investment for infrastructure projects across Asia. Mr. Danny Alexander also mentioned that AIIB is keen to support India’s National Investment and Infrastructure Fund (NIIF) and Mumbai Metro Project. It is to be noted that, last week, AIIB announced funding support for Part 6 of the Bangalore Metro project.

Answer : 2. Shut Period
Explanation:
During the Shut period there will be no settlements/ delivery of the security.
The main purpose of having a shut period is to avoid any change in ownership of securities during the process.

Answer : 1. Commodity Futures
Explanation:
Government Securities include Treasury Bills, Cash Management Bills(CMBs), Dated Government Securities,Savings Bonds, National Saving Certificates(NSCs)etc.,

Answer : 4. 91
Explanation:
CICs are permitted to make investments in money market instruments,including money market mutual funds.

Answer : 4. Both (2) and (3)
Explanation:
CICs/CIC-ND-SI can not accept deposit. Also It can’t accept public deposit which is included by Public Fund.

Answer : 1. 100 Crore
Explanation:
Mortgage Guarantee Companies(MGC) are financial institutions for which at least 90% of the business turnover is mortgage guarantee business. It has a minimum Net Owned Funds of Rs.100 Crore.

Answer : 3. Mumbai, Noida, Kolkata and Hyderabad.
Explanation:
Under The Coinage Act, 1906, the Government of India is charged with the production and supply of coins to the Reserve Bank of India (RBI). Coins are minted at the four mints at Mumbai, Noida, Kolkata and Hyderabad.

Answer : 1. Dot
Explanation:
Each coin minted in India has a special mint mark on it to identify the mint. Noida mint has a dot under the date of the coin

Answer : 1. Selling of Government Securities
Explanation:
According to section 17 of RBI Act 1934, RBI can accept deposits from the central and state governments without interest. It can purchase and discount bills of exchange from commercial banks. It can buy or sell government securities.

Answer : 2. Issuing & accepting of Promissory notes
Explanation:
RBI or the central government can issue and accept promissory notes that are payable on demand. But cheques that are payable on demand, can be issued by anyone in the country.

Answer : 4. New Delhi
Explanation:
SPMCIL is an Indian government-owned corporation that engages in the production of bank notes, coins, non–judicial stamps, postage stamps, and other government related documents for India. It was formed in 2006 as the result of corporatisation of security presses and mints functioning under the India Ministry of Finance. It contains nine units, which include four presses, four mints, and a paper mill.

Answer : 1. Kerala
Explanation :
India’s largest floating solar power plant has been set up on the Banasura Sagar reservoir in Wayanad, Kerala. This plant has been set up by Kerala state electricity board (KSEB) at a cost of Rs 9.25 crore and with technical support from Thiruvananthapuram-based Adtech Systems Ltd. The 500 kWp (kilowatt peak) solar plant floats on 1.25 acres of water surface of the reservoir. The plant has 1938 solar panels mounted on 18 ferro cement floaters. The plant is expected to generate 7.5 lakh units of power annually. It is to be noted that floating solar plants have higher efficiency compared to ground-mounted installations as water provides moderating effect on panel temperature.