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- Question 1 of 20
1. Question
1 pointsCategory: Current AffairsBy which year, the flow of raw sewage into the Ganga river will be fully stopped, Union Minister for Jal Shakti, Gajendra Singh Shekhawat ?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 2 of 20
2. Question
1 pointsCategory: Current AffairsWhat is the rank of India in terms of contamination ?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 3 of 20
3. Question
1 pointsCategory: Current AffairsWho was awarded with Prof. C.R. Rao Award 2019 for his contribution in the field of Statistics during 13th Statistics Day or Statistics Day 2019 ?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 4 of 20
4. Question
1 pointsCategory: Current AffairsWho authored a book titled “A Prime Minister to Remember- Memories of a Military Chief”?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 5 of 20
5. Question
1 pointsCategory: Current AffairsWhich year is set as a target year by the government of India to end Tuberculosis(TB) ?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 6 of 20
6. Question
1 pointsCategory: Current AffairsWhich insurance company has partnered with MobiKwik & launched “shampoo-sachet” concept to offer mini medical insurance products with premiums as low as Rs 20 ?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 7 of 20
7. Question
1 pointsCategory: Current AffairsName the entity, which has launched a tool “Anti Money Laundering Express Edition(AMLXE)” to detect, investigate, and report suspected money laundering and terrorist financing activity .
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 8 of 20
8. Question
1 pointsCategory: Current AffairsWhich organization has estimated that the focus of the Indian government to improve logistics, and infrastructure will boost exports to $1 trillion in the next 3 years?
CorrectAnswer – 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%.IncorrectAnswer – 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%. - Question 9 of 20
9. Question
1 pointsCategory: Current AffairsUnder the Credit Guarantee Fund Scheme for Education Loans (CGFSEL) by Indian Banks’ Association (IBA), a collateral free loan of how much worth is provided as a financial support to meritorious students?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 10 of 20
10. Question
1 pointsCategory: Current AffairsHow much amount of distressed asset fund creation is recommended by the RBI constituted expert committee chaired by U K Sinha for small enterprises?
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 11 of 20
11. Question
1 pointsCategory: Banking AwarenessThe minimum maturity period for Rupee Denominated Bonds will be _______
CorrectAnswer – 1. 3 years
Explanation:
The minimum maturity period for Rupee Denominated Bonds will be 3 years.IncorrectAnswer – 1. 3 years
Explanation:
The minimum maturity period for Rupee Denominated Bonds will be 3 years. - Question 12 of 20
12. Question
1 pointsCategory: Banking AwarenessRupee Denominated Bonds can be issued only after obtaining Loan Registration Number(LRN) from the ___________
CorrectAnswer – 2. Reserve Bank
Explanation:
Rupee Denominated Bonds can be issued only after obtaining Loan Registration
Number(LRN) from the Reserve BankIncorrectAnswer – 2. Reserve Bank
Explanation:
Rupee Denominated Bonds can be issued only after obtaining Loan Registration
Number(LRN) from the Reserve Bank - Question 13 of 20
13. Question
1 pointsCategory: Banking AwarenessBLA stands for ______
CorrectAnswer – 1. Bond Ledger Account
Explanation:
BLA – Bond Ledger AccountIncorrectAnswer – 1. Bond Ledger Account
Explanation:
BLA – Bond Ledger Account - Question 14 of 20
14. Question
1 pointsCategory: Banking AwarenessNBFC should be a company registered under ______ of the companies Act, 1956.
CorrectAnswer – 3. Section 3
Explanation:
NBFC should be a company registered under Section 3 of the companies Act, 1956IncorrectAnswer – 3. Section 3
Explanation:
NBFC should be a company registered under Section 3 of the companies Act, 1956 - Question 15 of 20
15. Question
1 pointsCategory: Banking AwarenessA form of currency in which the value of the currency comes from the materialof which it is made is called _____
CorrectAnswer – 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.IncorrectAnswer – 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. - Question 16 of 20
16. Question
1 pointsCategory: Static GKWhich of the following is the currency of Ethiopia?
CorrectAnswer – 1. Birr
IncorrectAnswer – 1. Birr
- Question 17 of 20
17. Question
1 pointsCategory: Static GKPachmarhi Wildlife Sanctuary is located in ______
CorrectAnswer – 5. Madhya Pradesh
IncorrectAnswer – 5. Madhya Pradesh
- Question 18 of 20
18. Question
1 pointsCategory: Static GKGorumara National Park is located in _____
CorrectAnswer – 5) West Bengal
IncorrectAnswer – 5) West Bengal
- Question 19 of 20
19. Question
1 pointsCategory: Static GKThird Sunday in January observed as _____
CorrectAnswer – 4) World Religion Day
IncorrectAnswer – 4) World Religion Day
- Question 20 of 20
20. Question
1 pointsCategory: Static GKMullayanagiri is the highest peak in _______
CorrectAnswer – 1. Karnataka
IncorrectAnswer – 1. Karnataka
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