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Question 1 of 20
1. Question
1 pointsCategory: Current AffairsWhich Indian actress has been appointed Goodwill Ambassador for the promotion of Nepal tourism for a term of 4 years?
Correct
Answer – 3) Jaya Prada
Explanation:
Indian actress Jaya Prada has been appointed Goodwill Ambassador for the promotion of Nepal tourism for a term of 4 years.She is also a former Member of Parliament. Her appointment would strengthen the cultural ties between India and Nepal and help promote Nepal’s tourism in India. Nepal government has also decided to observe 2020 as the ‘Visit Nepal Year’.Incorrect
Answer – 3) Jaya Prada
Explanation:
Indian actress Jaya Prada has been appointed Goodwill Ambassador for the promotion of Nepal tourism for a term of 4 years.She is also a former Member of Parliament. Her appointment would strengthen the cultural ties between India and Nepal and help promote Nepal’s tourism in India. Nepal government has also decided to observe 2020 as the ‘Visit Nepal Year’. -
Question 2 of 20
2. Question
1 pointsCategory: Current AffairsWho was appointed the new chairman of the Steel Authority of India on 21st September 2018?
Correct
Answer – 4) Anil Kumar Chaudhary
Explanation:
On September 21, 2018, Prime Minister Narendra Modi-led Appointments Committee of the Cabinet (ACC) appointed Anil Kumar Chaudhary as the new chairman of the Steel Authority of India till his superannuation in December, 2020. Presently, he is serving as the Director (Finance) in SAIL. Earlier P K Singh was the chairman of SAIL.Incorrect
Answer – 4) Anil Kumar Chaudhary
Explanation:
On September 21, 2018, Prime Minister Narendra Modi-led Appointments Committee of the Cabinet (ACC) appointed Anil Kumar Chaudhary as the new chairman of the Steel Authority of India till his superannuation in December, 2020. Presently, he is serving as the Director (Finance) in SAIL. Earlier P K Singh was the chairman of SAIL. -
Question 3 of 20
3. Question
1 pointsCategory: Current AffairsWhere did Prime Minister Narendra Modi inaugurate the Jharsuguda airport (renamed after noted freedom fighter Veer Surendra Sai), on 22nd September 2018?
Correct
Answer – 2) Odisha
Explanation:
On September 22, 2018, PM Modi visited Odisha. He inaugurated and revived the Talcher Fertilizer Plant located at Talcher, Angul district in Odisha. It will start production in 36 months. It is a Rs 13,000 crore-project that would for the first time see coal being converted into gas for use as a feedstock and for producing neem-coated urea. He inaugurated local Jharsuguda airport (renamed after noted freedom fighter Veer Surendra Sai) worth Rs.210 crores which will work under the regional air connectivity UDAN Scheme. It is the second airport located in Jharsuguda, western Odisha. It has been developed by the Airports Authority of India, in collaboration with Govt. of Odisha with a contribution of Rs. 75 Crores from the State Govt.Incorrect
Answer – 2) Odisha
Explanation:
On September 22, 2018, PM Modi visited Odisha. He inaugurated and revived the Talcher Fertilizer Plant located at Talcher, Angul district in Odisha. It will start production in 36 months. It is a Rs 13,000 crore-project that would for the first time see coal being converted into gas for use as a feedstock and for producing neem-coated urea. He inaugurated local Jharsuguda airport (renamed after noted freedom fighter Veer Surendra Sai) worth Rs.210 crores which will work under the regional air connectivity UDAN Scheme. It is the second airport located in Jharsuguda, western Odisha. It has been developed by the Airports Authority of India, in collaboration with Govt. of Odisha with a contribution of Rs. 75 Crores from the State Govt. -
Question 4 of 20
4. Question
1 pointsCategory: Current AffairsIndia and which country observed centenary celebrations to commemorate Battle of Haifa on 23rd September 2018?
Correct
Answer – 3) Israel
Explanation:
On 23rd September 2018, the Battle of Haifa was commemorated in Israel, Delhi and Jaipur. Centenary celebrations were observed to commemorate 100 years of liberation of Haifa in Israel by the Indian troops in 1918. Indian Army commemorates September 23 as Haifa Day every year. It pays tribute to the two Indian Cavalry Regiments, Mysore and Jodhpur Lancers that helped to liberate Haifa.Incorrect
Answer – 3) Israel
Explanation:
On 23rd September 2018, the Battle of Haifa was commemorated in Israel, Delhi and Jaipur. Centenary celebrations were observed to commemorate 100 years of liberation of Haifa in Israel by the Indian troops in 1918. Indian Army commemorates September 23 as Haifa Day every year. It pays tribute to the two Indian Cavalry Regiments, Mysore and Jodhpur Lancers that helped to liberate Haifa. -
Question 5 of 20
5. Question
1 pointsCategory: Current Affairs_____ Smart City has become the first city in India to function on 100% renewable energy during daytime?
Correct
Answer – 2) Diu Smart City
Explanation:
Diu Smart City has become the first city in India to function on 100% renewable energy during daytime. Diu was importing 73% of its power from Gujarat until 2017. Diu has now adopted a two-pronged approach. According to that, a 9 MW solar park has been se t up in 50 hectares and solar panels have been installed on the roof tops on 79 government buildings accounting to 1.3 MW power generation annually. In a move to further increase the solar capacity, Diu provides a subsidy of Rs 10,000-50,000 for its residents to install 1-5KW roof top solar panels. Diu is saving nearly13,000 tonnes of carbon emissions annually. Due to low-cost solar energy, power tariffs have been reduced in residential category by 10% in 2017 and 15% in 2018.Incorrect
Answer – 2) Diu Smart City
Explanation:
Diu Smart City has become the first city in India to function on 100% renewable energy during daytime. Diu was importing 73% of its power from Gujarat until 2017. Diu has now adopted a two-pronged approach. According to that, a 9 MW solar park has been se t up in 50 hectares and solar panels have been installed on the roof tops on 79 government buildings accounting to 1.3 MW power generation annually. In a move to further increase the solar capacity, Diu provides a subsidy of Rs 10,000-50,000 for its residents to install 1-5KW roof top solar panels. Diu is saving nearly13,000 tonnes of carbon emissions annually. Due to low-cost solar energy, power tariffs have been reduced in residential category by 10% in 2017 and 15% in 2018. -
Question 6 of 20
6. Question
1 pointsCategory: Current AffairsNew Development Bank (NDB) of the BRICS announced a _____ dollar loan to Madhya Pradesh for infrastructure projects, on 20th September 2018?
Correct
Answer – 1) USD 525 million
Explanation:
On September 20, 2018, the New Development Bank (NDB) of the BRICS announced a $525-million loan to Madhya Pradesh for infrastructure projects. The breakup of the loan amount is as follows:
• $350-million loan for the Major District Roads Project II of Madhya Pradesh and
• $175 million for building and upgrading 350 bridges.
2000 km roads of major districts would be rehabilitated through this loan amount and will help in better connectivity.Incorrect
Answer – 1) USD 525 million
Explanation:
On September 20, 2018, the New Development Bank (NDB) of the BRICS announced a $525-million loan to Madhya Pradesh for infrastructure projects. The breakup of the loan amount is as follows:
• $350-million loan for the Major District Roads Project II of Madhya Pradesh and
• $175 million for building and upgrading 350 bridges.
2000 km roads of major districts would be rehabilitated through this loan amount and will help in better connectivity. -
Question 7 of 20
7. Question
1 pointsCategory: Current AffairsWhich bank inked a pact on information utility (IU) agreement with National e-Governance Services Ltd (NeSL) to share financial and security information under IBBI (IU) Regulation 2017, on 20th September 2018?
Correct
Answer – 2) Corporation bank
Explanation:
On September 20, 2018, Corporation bank inked a pact on information utility (IU) agreement with National e-Governance Services Ltd (NeSL) to share financial and security information under IBBI (IU) Regulation 2017.
Under IBBI (IU) Regulation 2017, this would help in:
• Providing data in case of insolvency of the bank,
• Providing proof of borrowing, proof of default and security interest data in respect of NCLT cases.Incorrect
Answer – 2) Corporation bank
Explanation:
On September 20, 2018, Corporation bank inked a pact on information utility (IU) agreement with National e-Governance Services Ltd (NeSL) to share financial and security information under IBBI (IU) Regulation 2017.
Under IBBI (IU) Regulation 2017, this would help in:
• Providing data in case of insolvency of the bank,
• Providing proof of borrowing, proof of default and security interest data in respect of NCLT cases. -
Question 8 of 20
8. Question
1 pointsCategory: Current AffairsYes Bank paid ______ rupees in fines to the GST department for alleged violations in domestic remittances, on 21st September 23018?
Correct
Answer – 1) Rs 38 crore
Explanation:
On September 21, 2018, Yes Bank paid Rs 38 crore in fines to the GST department for alleged violations in domestic remittances. Out of this, over Rs 32 crore has been paid to the GST department, while Rs 6 crore has been paid in service tax which has been replaced by GST from July 2017. RBI has asked incumbent CEO Rana Kapoor to step aside by end of January 2019. It is due to the underpayment of tax by the bank and is related to remittances by migrants from urban pockets to their homes in rural areas.Incorrect
Answer – 1) Rs 38 crore
Explanation:
On September 21, 2018, Yes Bank paid Rs 38 crore in fines to the GST department for alleged violations in domestic remittances. Out of this, over Rs 32 crore has been paid to the GST department, while Rs 6 crore has been paid in service tax which has been replaced by GST from July 2017. RBI has asked incumbent CEO Rana Kapoor to step aside by end of January 2019. It is due to the underpayment of tax by the bank and is related to remittances by migrants from urban pockets to their homes in rural areas. -
Question 9 of 20
9. Question
1 pointsCategory: Current AffairsAccording to Union Finance Ministry data, total deposits in Jan Dhan accounts crossed ____ mark as on April 11, 2018?
Correct
Answer – 1) Rs. 80000 crore
Explanation:
According to Union Finance Ministry data, total deposits in Jan Dhan accounts crossed Rs. 80000 crore mark as on April 11, 2018. Deposits in Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts shot up during the demonetisation period starting from November 8, 2016. The impact was so phenomenal that deposits in PMJDY accounts touched Rs. 74000 crore mark in the later part of November 2016 from Rs 45300 in the beginning of November 2016. Although the deposits dipped for a brief period after that, it started picking up again in a steady manner from March 2017 and crossed Rs 75000 crore mark in February 2018 and Rs 78000 crore mark in March 2018. Even the Global Findex Report, 2017 released by the World Bank has acknowledged that rapid increase in financial inclusion has taken place in India in recent years due to Indian Government’s Jan Dhan Yojana. The increase in Jan Dhan deposits was fuelled by increase in number of Jan Dhan account holders, which stood at 31.45 crore as on April 11, 2018as compared to 26.5 crore at the beginning of 2017. Interestingly, 51.4 crore accounts were opened globally from 2014 to 2017. During this period 28.17 crore Jan Dhan Accounts were opened in India, constituting almost 55 percent of the accounts opened globally.Incorrect
Answer – 1) Rs. 80000 crore
Explanation:
According to Union Finance Ministry data, total deposits in Jan Dhan accounts crossed Rs. 80000 crore mark as on April 11, 2018. Deposits in Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts shot up during the demonetisation period starting from November 8, 2016. The impact was so phenomenal that deposits in PMJDY accounts touched Rs. 74000 crore mark in the later part of November 2016 from Rs 45300 in the beginning of November 2016. Although the deposits dipped for a brief period after that, it started picking up again in a steady manner from March 2017 and crossed Rs 75000 crore mark in February 2018 and Rs 78000 crore mark in March 2018. Even the Global Findex Report, 2017 released by the World Bank has acknowledged that rapid increase in financial inclusion has taken place in India in recent years due to Indian Government’s Jan Dhan Yojana. The increase in Jan Dhan deposits was fuelled by increase in number of Jan Dhan account holders, which stood at 31.45 crore as on April 11, 2018as compared to 26.5 crore at the beginning of 2017. Interestingly, 51.4 crore accounts were opened globally from 2014 to 2017. During this period 28.17 crore Jan Dhan Accounts were opened in India, constituting almost 55 percent of the accounts opened globally. -
Question 10 of 20
10. Question
1 pointsCategory: Current AffairsOn April 23, 2018, which Payments Bank announced that it now has over 100 million KYC wallets?
Correct
Answer – 3) Paytm Payments Bank
Explanation:
On April 23, 2018, Paytm Payments Bank announced that it now has over 100 million KYC wallets. Paytm stated that it was able to accomplish this feat on account of a constant campaigning highlighting about the benefits of the Know Your Customer (KYC) system. Besides, it also introduced Paytm KYC centers and ‘Paytm-Ka-ATM’ outlets to offer localised support. All customers who complete full KYC, get a choice to open a zero-balance account with Paytm Payments Bank.Incorrect
Answer – 3) Paytm Payments Bank
Explanation:
On April 23, 2018, Paytm Payments Bank announced that it now has over 100 million KYC wallets. Paytm stated that it was able to accomplish this feat on account of a constant campaigning highlighting about the benefits of the Know Your Customer (KYC) system. Besides, it also introduced Paytm KYC centers and ‘Paytm-Ka-ATM’ outlets to offer localised support. All customers who complete full KYC, get a choice to open a zero-balance account with Paytm Payments Bank. -
Question 11 of 20
11. Question
1 pointsCategory: Static GKMouling National Park located in which state?
Correct
Answer – 5) Arunachal Pradesh
Incorrect
Answer – 5) Arunachal Pradesh
-
Question 12 of 20
12. Question
1 pointsCategory: Static GKGovind Pashu Vihar Wildlife Sanctuary located in which state?
Correct
Answer – 5) Uttarakhand
Incorrect
Answer – 5) Uttarakhand
-
Question 13 of 20
13. Question
1 pointsCategory: Static GKChhatrapati Shivaji International Airport located in which State/UT?
Correct
Answer – 4) Maharashtra
Incorrect
Answer – 4) Maharashtra
-
Question 14 of 20
14. Question
1 pointsCategory: Static GKJSCA International Cricket Stadium located in which State/UT?
Correct
Answer – 4) Jharkhand
Incorrect
Answer – 4) Jharkhand
-
Question 15 of 20
15. Question
1 pointsCategory: Static GKWhat is the capital of Burundi?
Correct
Answer – 5) Bujumbura
Incorrect
Answer – 5) Bujumbura
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Question 16 of 20
16. Question
1 pointsCategory: Banking AwarenessMMID is a ______ digit number, issued by banks.
Correct
Answer – 2) 7
Explanation:
MMID is a 7 digit number, issued by banksIncorrect
Answer – 2) 7
Explanation:
MMID is a 7 digit number, issued by banks -
Question 17 of 20
17. Question
1 pointsCategory: Banking AwarenessConvertible notes issued by an Indian start-up company for an amount of _______
Correct
Answer – 3) Rs. 25 lakh
Incorrect
Answer – 3) Rs. 25 lakh
-
Question 18 of 20
18. Question
1 pointsCategory: Banking AwarenessAn NRI can purchase shares up to ____ per cent of the paid up capital of an Indian company on a fully diluted basis.
Correct
Answer – 2) 5%
Incorrect
Answer – 2) 5%
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Question 19 of 20
19. Question
1 pointsCategory: Banking AwarenessAn Indian Company can receive foreign investment by issue of Equity shares issued in accordance with the provisions of the _______
Correct
Answer – 1) Companies Act, 2013
Incorrect
Answer – 1) Companies Act, 2013
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Question 20 of 20
20. Question
1 pointsCategory: Banking AwarenessForeign investment is prohibited in _________
Correct
Answer – 5) All of these
Explanation:
Lottery Business including Government / private lottery, online lotteries, etc.
Gambling and Betting including casinos etc.
Chit funds
Nidhi company
Trading in Transferable Development Rights (TDRs)
Real Estate Business
Manufacturing of tobacco or of tobacco substitutes
Activities / sectors not open to private sector investment- Atomic energy and
Railway operations.Incorrect
Answer – 5) All of these
Explanation:
Lottery Business including Government / private lottery, online lotteries, etc.
Gambling and Betting including casinos etc.
Chit funds
Nidhi company
Trading in Transferable Development Rights (TDRs)
Real Estate Business
Manufacturing of tobacco or of tobacco substitutes
Activities / sectors not open to private sector investment- Atomic energy and
Railway operations.
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