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IBPS RRB Clerk 2018 Main Exam: GK Test Day 9

Answer – 1) Chilika Lake
Explanation:
On August 27, 2018, Bombay Natural History Society (BNHS) opened its first regional centre near Chilika Lake. The regional branch was inaugurated in the premises of the Wetland Research and Training Centre (WRTC) of the Chilika Development Authority (CDA) at Chandrapur in Chilika. The branch would be engaged in the following activities:
• Identifying the air route of the foreign birds flocking the Chilika lake during winter,
• Sample collection,
• Training related to bird census,
• Publishing bird migration atlas books,
• Examining various diseases among the birds and
• To review the condition of the Nalabana bird sanctuary along with counting the birds.

Answer – 3) SpiceJet
Explanation:
On August 27, 2018, SpiceJet would fly India’s first biofuel-powered flight from Dehradun to Delhi on its Bombardier Q400 turboprop aircraft from Dehradun’s Jolly Grant airport. It has used a blend of the aviation turbine fuel and biofuel to power the flight. The flight had 20 people, including officials from aviation regulator DGCA and SpiceJet and was around 25 minutes. It would encourage sustainable and alternative fuels for the transportation & aviation sector under National Biofuels Policy. With this test, India will be among the first developing nations to adopt the sustainable alternative jet fuel.

Answer – 3) Indra Nooyi
Explanation:
On August 26, 2018, Asia Society, a global cultural organization announced that PepsiCo’s CEO Indra Nooyi will be honoured with the Game Changer of the Year title of the 2018 Asia Game Changer Awards in October 2018. Citi is the founding partner of Asia Society’s Asia Game Changer Awards. Indra Nooyi will be honored in recognition of her business achievements, humanitarian record and advocacy for women and girls around the world. Under her guidance, Pepsi had a life-saving collaboration with the United Nations on food, nutrition, global water, climate, and women’s empowerment issues.

Answer – 1) Brijendra Rehi
Explanation:
On 24th August 2018, “Atal Ji Ne Kaha” a book on former Indian Prime Minister Atal Bihari Vajpayee was launched by Prime Minister Narendra Modi. Atal Ji Ne Kaha has been written, compiled and edited by Brijendra Rehi. The book has been published by Darpan Publication. The book consists of 320 pages and 26 chapters. It has Atal Bihari Vajpayee’s select speeches on economy, policies, small industries, social development, nuclear programme, science and technology, terrorism etc. It also has his photographs and three interviews by Brijendra Rehi.

Answer – 2) Neta app
Explanation:
On 24th August 2018, Neta app that allows voters to rate and review their political representatives was launched by former President Pranab Mukherjee. The Neta App aims to build political accountability and transparency among leaders. It will enable users to rate their MLAs and MPs. It is billed as an instrument to measure voter sentiment in Indian constituencies. The Neta app has been developed by Pratham Mittal, a 27-year-old entrepreneur. It uses Artificial Intelligence, advanced algorithms, one time password and Aadhaar numbers to make sure that the users are genuine

Answer – 2) DBS Bank
Explanation:
On August 27, 2018, Global Finance magazine named DBS Bank as the world’s best bank for digital innovation while still maintaining stable operations for its customers.
It is the first Asian bank to receive the accolade. It was given to ING Bank in 2017. In 2016, finance magazine Euromoney named DBS the world’s best digital bank. It also received the Asia’s best bank title. In 2014, Ms Tan Su Shan, DBS’ group head of consumer banking and wealth management, was recognised as the world’s best leader in private banking at the PWM/The Banker Global Private Banking Awards.

Answer – 2) Debt
Explanation:
Bondi stands for Blockchain Operated New Debt Instrument.
On August 25, 2018, the World Bank has launched the world’s first public bond created and managed using only blockchain technology. The Commonwealth Bank of Australia is the sole manager of the deal that has been priced by the World Bank at A$100 million ($73.16 million) with a two-year maturity. The price for the “kangaroo” deal at 23 basis points above benchmark rates. This will be the first time that capital is raised from public investors through a legally valid bond using blockchain technology.

Answer – 1) Rs 50 lakh
Explanation:
On August 23, 2018, Ujjivan Small Finance Bank announced the launch of its overdraft facility for micro and small enterprises (MSE). This is aimed at the MSEs who don’t have easy access to formal credit. It would be offered to all MSEs with a turnover of Rs 50 lakh or more. This interest rate on the overdraft is for one year with a minimum credit of Rs 11 lakh to a maximum of Rs 50 lakh renewed on an annual basis. A key feature of the facility is that it allows MSE customers to pay EMI only on the utilised amount and repay the amount at any time during the tenure of the OD facility.

Answer – 3) 6 pm
Explanation:
Home Ministry has specified new Standard Operating Procedures (SoPs) for refilling of ATMs (Automated Teller Machine), which will come to effect on 8th February 2019. The new SoPS have been formulated to prevent attacks on cash vans, cash vaults, ATM frauds and other internal frauds. As per the new SoPS, Cash loading of the ATMs or cash transportation activities will not be done:
• After 9 pm- in urban areas
• After 6 pm- in rural areas
• Before 9 am or after 4 pm- in districts notified by the central government as Left Wing Extremism affected areas or Naxal-hit areas

Answer – 4) Insurance Regulatory and Development Authority of India (IRDAI)
Explanation:
Insurance Regulatory and Development Authority of India (IRDAI) has directed all insurance companies to create provision to cover mental illness in policies. IRDAI has notified all insurance companies to comply with the Mental Healthcare Act, 2017 that came to effect on 29th May 2018, and make provisions for medical insurance of treatment for medical illness with immediate effect. According to Sec 21(4) of the Mental Healthcare Act, 2017, every insurer is supposed to make provision for medical insurance for treatment of mental illness on the same basis that is available for treatment of physical illness.

Answer – 1) Gold Specie
Explanation:
In Gold Specie standard the monetary unit is associated with the value of circulating gold coins

Answer – 1) Reserve Currency
Explanation:
A strong currency widely used in international trade that a central bank is prepared to hold as part of its foreign exchange reserves is known as Reserve Currency.

Answer – 2) Fiscal Policy
Explanation:
Helicopter money is a Fiscal Policy carried out with the cooperation of the central bank.

Answer – 2) Masala Bond
Explanation:
Masala Bond are the rupee-denominated bonds which can be issued by the Indian entities to raise money from overseas markets.

Answer – 2) Autonomous
Explanation:
Bank Board Bureau is an autonomous body of Union Government of India.

Answer – 1) Karnataka

Answer – 2) World Pneumonia Day

Answer – 2) Manat

Answer – 5) Managua

Answer – 5) Tripura