SBI PO 2019 Mains: GA Test Day 13

Answer – 2) 2022
Explanation:
On June 28, 2019, Union Minister for Jal Shakti, Gajendra Singh Shekhawat, in a national conference, exhibition and awards ceremony ‘Innovative Water Solutions’ in New Delhi announced that the flow of raw sewage into the Ganga river will be fully stopped by 2022.

Answer – 4) 122
Explanation:
India is ranked 122nd in the World in terms of contamination. States of Uttarakhand and Jharkhand have already achieved this and they have promised to make Ganga fit for holy rituals by December 2019.Associated Chambers of Commerce and Industry of India (ASSOCHAM) was asked to find out the portion of Corporate Social Responsibility (CSR) funds spent on water issues.Ernst & Young (EY)-ASSOCHAM report titled “Think-Blue” Effective Water Management: Integrating Innovation & Technology was released during the event.

Answer – 1) Dr. Subhra Sankar Dhar
Explanation:
The Prof. C.R. Rao Award 2019 was conferred to Dr. Subhra Sankar Dhar, Associate Professor, IIT (Indian Institute of Technology), Kanpur for his contribution in the field of Statistics. It launched the revamped portal of Members of Parliament Local Area Development Scheme (MPLADS), SDG (Sustainable Development Goal) Dashboard, Baseline Report on SDGs and Study report on Revamping Project Management Practices conducted by Project Management Institute (PMI).MoSPI will institutionalize Prof. P.C. Mahalanobis National Award in Official Statistics to recognize and honour the outstanding contribution and meritorious work of Official Statisticians working in the Central Government, State Governments and their Institutions.

Answer – 2) Sushil Kumar
Explanation:
Former Navy Chief Admiral Sushil Kumar authored a book named as “A Prime Minister to Remember- Memories of a Military Chief” released. The book is published by Konark Publishers Pvt Ltd, New Delhi. The book talks about his distinguished career in the Indian Navy during the Kargil War and Chairman of the Chiefs of Staff Committee when Operation Parakram was launched after the terror attack on the Indian Parliament.It also talks about the Admiral, who served with Prime Minister Atal Bihari Vajpayee from 1998 to 2001.

Answer – 3) 2025
Explanation:
On June 28, 2019, The World Bank and the Government of India signed a loan agreement of $400 Million for the Program Towards Elimination of Tuberculosis(TB), which kills approximately half a million people in India every year. The program will cover nine States of India. It will also support the government’s National Strategic Plan to end TB in India by 2025. Diagnostics and management of drug-resistant TB (DR-TB) will be improved.

Answer – 4) Max Bupa
Explanation:
MobiKwik, a mobile payments service provider, partnered with health insurer Max Bupa to launch “shampoo-sachet” concept in the insurance sector. It will offer mini medical insurance products with premiums as low as Rs 20. The partnership enables financial inclusion by making pocket size health insurance solutions available through the Mobikwik platform.

Answer – 2) Oracle
Explanation:
A multinational software firm based in the United States, Oracle has introduced a new tool that will help small & mid-sized banks to tackle fraud.The Oracle Financial Services “Anti Money Laundering Express Edition(AMLXE)” is designed to detect, investigate, and report suspected money laundering and terrorist financing activity.It targeted at smaller banks that have to comply with regulatory norms with a limited budget.It uses new architecture principles which offer quick deployment on premise or on cloud infrastructures allowing firms to transition to their future states faster and at reduced implementation costs.

Answer – 1) Federation of Indian Export Organisations (FIEO)
Explanation:
Federation of Indian Export Organisations (FIEO) has estimated that the focus of the government to improve logistics, ease of doing business and modern trade infrastructure will boost exports of the country from current $535 billion to $1 trillion in the next 3 years.Initiatives like special focus on cutting logistics cost and time, further improvement in ease of doing business, proper implementation of government policies for exporters and timely refund of taxes like Goods and Service tax (GST) will result in the increase of exports. Reduction of logistics costs by 10% will help to raise exports by 5-8%.

Answer – 3) Rs 7.5 Lakh
Explanation:
On June 24, 2019, India’s central banking institution, The Reserve Bank of India (RBI) has advised all Scheduled Commercial Banks to adopt Education Loan Scheme which is formulated by Indian Banks’ Association (IBA).On June 24, 2019, India’s central banking institution, The Reserve Bank of India (RBI) has advised all Scheduled Commercial Banks to adopt Education Loan Scheme which is formulated by Indian Banks’ Association (IBA). Loan up to Rs 10 lakh for study in India and upto Rs 20 lakh for study abroad.Collateral free loans upto Rs 7.5 Lakh under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL).No Margin for a loan up to Rs 7.50 Lakh.Repayment period of 15 years.One Year Moratorium for repayment after completion of studies in all cases.Moratorium taking into account spells of unemployment/under employment say two or three times during the life cycle of the loan.The moratorium for the incubation period if the student wants to take up a start-up venture after graduation.

Answer – 2) Rs 5,000 crore
Explanation:
On June 25, 2019, The Reserve Bank released the report of the expert committee under former SEBI (Securities and Exchange Board of India) chairman U K Sinha on measures for the economic and financial sustainability of the MSMEs (Micro, Small and Medium Enterprises). It also recommends the creation of a distressed asset fund of Rs 5,000 crore for small enterprises. The fund will operate on the lines of the Textile Upgradation Fund Scheme (TUFS) which makes equity investments that lead to reviving the sick & Debt-burden units.

Answer – 1. 3 years
Explanation:
The minimum maturity period for Rupee Denominated Bonds will be 3 years.

Answer – 2. Reserve Bank
Explanation:
Rupee Denominated Bonds can be issued only after obtaining Loan Registration
Number(LRN) from the Reserve Bank

Answer – 1. Bond Ledger Account
Explanation:
BLA – Bond Ledger Account

Answer – 3. Section 3
Explanation:
NBFC should be a company registered under Section 3 of the companies Act, 1956

Answer – 3. Commodity Money
Explanation:
Commodity money is money whose value comes from a commodity of which it is made. It consists of objects that have value in themselves as well as value in their use as money. Example:- Gold, silver.

Answer – 1. Birr

Answer – 5. Madhya Pradesh

Answer – 5) West Bengal

Answer – 4) World Religion Day

Answer – 1. Karnataka