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- Question 1 of 20
1. Question
1 pointsCategory: Current AffairsWhere was India’s first and world’s third Dinosaur Museum-cum-Park inaugurated ?
CorrectAnswer – 4) Gujarat
Explanation:
On June 8, 2019, Gujarat Chief Minister Vijay Rupani inaugurated the new Dinosaur Museum-cum-Park at Raiyoli village in Balasinor town of Mahisagar district. This is the first such park in the country and also the world’s third park which exhibits remains of various dinosaurs and fossil records.3D projection, 360 degrees virtual reality presentations, interactive kiosks, gaming consoles are the facilities equipped with the museum.The ten galleries of the museum exhibit the history of dinosaurs, which existed 65 million years ago, from origin to extinction.The Tourism Corporation of Gujarat Ltd created the whole infrastructure of the museum.IncorrectAnswer – 4) Gujarat
Explanation:
On June 8, 2019, Gujarat Chief Minister Vijay Rupani inaugurated the new Dinosaur Museum-cum-Park at Raiyoli village in Balasinor town of Mahisagar district. This is the first such park in the country and also the world’s third park which exhibits remains of various dinosaurs and fossil records.3D projection, 360 degrees virtual reality presentations, interactive kiosks, gaming consoles are the facilities equipped with the museum.The ten galleries of the museum exhibit the history of dinosaurs, which existed 65 million years ago, from origin to extinction.The Tourism Corporation of Gujarat Ltd created the whole infrastructure of the museum. - Question 2 of 20
2. Question
1 pointsCategory: Current AffairsWhat is the name of the first Arctic tourist train launched by Russia recently ?
CorrectAnswer – 1) Zarengold
Explanation:
On June 6,2019 , Russia has launched its first tourist train service passing through Russia’s arctic region. It begins a journey from Saint Petersburg station to Norway with 91 passengers aboard. The train has been named as Zarengold (“The Tsar’s gold” in German).It has two restaurant cars and the trip will be expected to take 11 days.The tourists will get off the train at Murmansk, and continue by bus to Kirkenes in Norway before ending their journey with a boat trip to Oslo or by air to the island of Spitsbergen.IncorrectAnswer – 1) Zarengold
Explanation:
On June 6,2019 , Russia has launched its first tourist train service passing through Russia’s arctic region. It begins a journey from Saint Petersburg station to Norway with 91 passengers aboard. The train has been named as Zarengold (“The Tsar’s gold” in German).It has two restaurant cars and the trip will be expected to take 11 days.The tourists will get off the train at Murmansk, and continue by bus to Kirkenes in Norway before ending their journey with a boat trip to Oslo or by air to the island of Spitsbergen. - Question 3 of 20
3. Question
1 pointsCategory: Current AffairsWho became the first women’s singles player since Margaret Court in 1974 from Australia to win the French Open women’s singles title ?
CorrectAnswer – 4) Ashleigh Barty
Explanation:
Ashleigh Barty clinched her first Grand Slam singles title and became the first women’s singles player since Margaret Court in 1974 from Australia to win the Roland Garros title with 6-1, 6-3 scores.IncorrectAnswer – 4) Ashleigh Barty
Explanation:
Ashleigh Barty clinched her first Grand Slam singles title and became the first women’s singles player since Margaret Court in 1974 from Australia to win the Roland Garros title with 6-1, 6-3 scores. - Question 4 of 20
4. Question
1 pointsCategory: Current AffairsWhere was the Chaukhandi Stupa situated, which was declared as “Monument of national importance” by Archaeological Survey of India (ASI) recently ?
CorrectAnswer – 1) Sarnath, Uttar Pradesh
Explanation:
On June 10, 2019 , Archaeological Survey of India (ASI) has declared Chaukhandi Stupa as a “Monument of national importance”. The ancient Buddhist site situated in Sarnath, Uttar Pradesh. During excavations Some Buddha and other statues were founded at Chaukhandi Stupa.IncorrectAnswer – 1) Sarnath, Uttar Pradesh
Explanation:
On June 10, 2019 , Archaeological Survey of India (ASI) has declared Chaukhandi Stupa as a “Monument of national importance”. The ancient Buddhist site situated in Sarnath, Uttar Pradesh. During excavations Some Buddha and other statues were founded at Chaukhandi Stupa. - Question 5 of 20
5. Question
1 pointsCategory: Current AffairsBancha became India’s first all-solar kitchen village, it is in which state?
CorrectAnswer – 3) Betul district of Madhya Pradesh
Explanation:
Bancha in Betul district of Madhya Pradesh became the first village in India to have zero wooden stoves. There was no use for Liquified Petroleum Gas (LPG) cylinders as all 75 houses relied on solar-powered stoves to meet their cooking needs. The solar-powered stoves were developed by Indian Institute of Technology (IIT) Mumbai. The project of installing plates, solar-powered batteries and stoves in all the houses was started in September 2017 and was completed by December 2018.IncorrectAnswer – 3) Betul district of Madhya Pradesh
Explanation:
Bancha in Betul district of Madhya Pradesh became the first village in India to have zero wooden stoves. There was no use for Liquified Petroleum Gas (LPG) cylinders as all 75 houses relied on solar-powered stoves to meet their cooking needs. The solar-powered stoves were developed by Indian Institute of Technology (IIT) Mumbai. The project of installing plates, solar-powered batteries and stoves in all the houses was started in September 2017 and was completed by December 2018. - Question 6 of 20
6. Question
1 pointsCategory: Current AffairsWhich organization is set to create the foreign exchange trading platform for retail participants ?
CorrectAnswer – 2) Reserve Bank of India (RBI)
Explanation:
On June 6, 2019, the Reserve Bank of India (RBI) announced to set up a foreign exchange trading platform for retail participants. This is to create a market infrastructure that ensures fair and transparent pricing for users of foreign exchange like Small and Medium Enterprises (SME) exporters & importers and individuals.IncorrectAnswer – 2) Reserve Bank of India (RBI)
Explanation:
On June 6, 2019, the Reserve Bank of India (RBI) announced to set up a foreign exchange trading platform for retail participants. This is to create a market infrastructure that ensures fair and transparent pricing for users of foreign exchange like Small and Medium Enterprises (SME) exporters & importers and individuals. - Question 7 of 20
7. Question
1 pointsCategory: Current AffairsWhat is the minimum tradable amount in the foreign exchange trading platform for retail participants ?
CorrectAnswer – 1) $1000
Explanation:
The minimum tradable amount is $1000 and they are issued in multiples of $500 thereof. At present, the facility will be available only for dollars, but later more currencies will be introduced. Once the trade is done, the ticket generated will reflect the interbank rate, mark-up, and the net rate. Trades can be done for same-day delivery (cash), next-day delivery, or spot delivery (T+2), and interbank rates will reflect accordingly. RBI also decided to widen the gambit of Small Finance Banks (SFBs) to get more customers in order to extend the banking facilities for all.IncorrectAnswer – 1) $1000
Explanation:
The minimum tradable amount is $1000 and they are issued in multiples of $500 thereof. At present, the facility will be available only for dollars, but later more currencies will be introduced. Once the trade is done, the ticket generated will reflect the interbank rate, mark-up, and the net rate. Trades can be done for same-day delivery (cash), next-day delivery, or spot delivery (T+2), and interbank rates will reflect accordingly. RBI also decided to widen the gambit of Small Finance Banks (SFBs) to get more customers in order to extend the banking facilities for all. - Question 8 of 20
8. Question
1 pointsCategory: Current AffairsName the organization, which develops the trading platforms for retail participants.
CorrectAnswer – 4) Clearing Corporation of India Limited (CCIL)
Explanation:
The trading platforms are developed by the Clearing Corporation of India Limited (CCIL) and are tested by the users. The platform is an extension of CCIL’s FX(Forex)-Clear which is used for large-volume interbank trading. It will be available to the users for transactions from early August 2019 and the circular on operational guidelines for the platform will be issued by the end of June 2019.IncorrectAnswer – 4) Clearing Corporation of India Limited (CCIL)
Explanation:
The trading platforms are developed by the Clearing Corporation of India Limited (CCIL) and are tested by the users. The platform is an extension of CCIL’s FX(Forex)-Clear which is used for large-volume interbank trading. It will be available to the users for transactions from early August 2019 and the circular on operational guidelines for the platform will be issued by the end of June 2019. - Question 9 of 20
9. Question
1 pointsCategory: Current AffairsWhich entity launched India’s first Mutual Fund Side Pocketing recently to set aside its troubled investment in Dewan Housing Finance Limited (DHFL) ?
CorrectAnswer – 3) Tata Mutual Fund
Explanation:
On June 6, 2019, Tata Mutual Fund launched the side-pocketing (segregated portfolio) option to set aside its troubled investment in Dewan Housing Finance Limited (DHFL). They were created for 3 schemes namely Tata Corporate Bond Fund, Tata Medium Term Fund, and Tata Treasury Advantage Fund.IncorrectAnswer – 3) Tata Mutual Fund
Explanation:
On June 6, 2019, Tata Mutual Fund launched the side-pocketing (segregated portfolio) option to set aside its troubled investment in Dewan Housing Finance Limited (DHFL). They were created for 3 schemes namely Tata Corporate Bond Fund, Tata Medium Term Fund, and Tata Treasury Advantage Fund. - Question 10 of 20
10. Question
1 pointsCategory: Current AffairsWhich organization was set to achieve the second highest target of 501.16 crore in digital transaction for the year 2019-20 by Ministry of Electronics and Information Technology (MeitY) ?
CorrectAnswer – 2) Paytm Payments Bank
Explanation:
Paytm Payments Bank with 501.16 crore digital transactions for the financial year 2019-20 was ahead of major banks including HDFC Bank, Industrial Credit and Investment Corporation of India (ICICI) Bank and Punjab National Bank in digital transaction target set by the Ministry of Electronics and Information Technology (MeitY). It is only behind the State Bank of India (SBI) which has the highest target for digital transactions.Only 5 banks have received a target of more than 100 crore transactions. They are HDFC Bank, ICICI Bank, Axis Bank,Punjab National Bank and Union Bank of India.IncorrectAnswer – 2) Paytm Payments Bank
Explanation:
Paytm Payments Bank with 501.16 crore digital transactions for the financial year 2019-20 was ahead of major banks including HDFC Bank, Industrial Credit and Investment Corporation of India (ICICI) Bank and Punjab National Bank in digital transaction target set by the Ministry of Electronics and Information Technology (MeitY). It is only behind the State Bank of India (SBI) which has the highest target for digital transactions.Only 5 banks have received a target of more than 100 crore transactions. They are HDFC Bank, ICICI Bank, Axis Bank,Punjab National Bank and Union Bank of India. - Question 11 of 20
11. Question
1 pointsCategory: Banking AwarenessCollection of cheques on behalf of the customer, then the customer becomes_____
CorrectAnswer – 5. Principal
Explanation:
Collection of cheques on behalf of the customer, then the customer becomes
PrincipalIncorrectAnswer – 5. Principal
Explanation:
Collection of cheques on behalf of the customer, then the customer becomes
Principal - Question 12 of 20
12. Question
1 pointsCategory: Banking AwarenessWhich of the following is the largest shareholder in Public Sector Banks?
CorrectAnswer – 4. GOI
Explanation:
Largest shareholder in Public Sector Banks – GOIIncorrectAnswer – 4. GOI
Explanation:
Largest shareholder in Public Sector Banks – GOI - Question 13 of 20
13. Question
1 pointsCategory: Banking AwarenessThe prices of the securities for reverse repo transactions are determined by the ______
CorrectAnswer – 2. Reserve Bank
Explanation:
The prices of the securities for reverse repo transactions are determined by
The Reserve Bank of India.IncorrectAnswer – 2. Reserve Bank
Explanation:
The prices of the securities for reverse repo transactions are determined by
The Reserve Bank of India. - Question 14 of 20
14. Question
1 pointsCategory: Banking AwarenessIn the event of a bank failure, which of the following protects bank deposits that are payable in India?
CorrectAnswer – 4. DICGC
Explanation:
In the event of a bank failure, DICGC protects bank deposits that are payable in
India.IncorrectAnswer – 4. DICGC
Explanation:
In the event of a bank failure, DICGC protects bank deposits that are payable in
India. - Question 15 of 20
15. Question
1 pointsCategory: Banking AwarenessWhich of the following State/UT Co-operative Banks is not covered by the deposit insurance system of DICGC?
CorrectAnswer – 5. All of these
Explanation:
At present all co-operative banks other than those from the States of Meghalaya, and the Union Territories of Chandigarh, Lakshadweep and Dadra and Nagar Haveli are covered under the deposit insurance system of DICGC.IncorrectAnswer – 5. All of these
Explanation:
At present all co-operative banks other than those from the States of Meghalaya, and the Union Territories of Chandigarh, Lakshadweep and Dadra and Nagar Haveli are covered under the deposit insurance system of DICGC. - Question 16 of 20
16. Question
1 pointsCategory: Static GKKedarnath Wildlife Sanctuary located in which state?
CorrectAnswer – 5. Uttarakhand
IncorrectAnswer – 5. Uttarakhand
- Question 17 of 20
17. Question
1 pointsCategory: Static GKDr. Babasaheb Ambedkar International Airport located in which State/UT?
CorrectAnswer – 4. Maharashtra
IncorrectAnswer – 4. Maharashtra
- Question 18 of 20
18. Question
1 pointsCategory: Static GKHeadquarters of Rajiv Gandhi Institute of Petroleum Technology is located in:
CorrectAnswer – 2. Uttar Pradesh
IncorrectAnswer – 2. Uttar Pradesh
- Question 19 of 20
19. Question
1 pointsCategory: Static GKNovember 19 observed as _______
CorrectAnswer – 4.World Toilet Day
IncorrectAnswer – 4.World Toilet Day
- Question 20 of 20
20. Question
1 pointsCategory: Static GKWhat is the capital of Lesotho?
CorrectAnswer – 1. Maseru
IncorrectAnswer – 1. Maseru
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