Syndicate/Canara Bank PO (PGDBF) 2018 Exam: GA Test Day 9

Answer – 5. Jharkhand

Answer – 4. Goa

Answer – 2. BillDesk
Explanation :
Indian online payments firm BillDesk-owned Hatio Innovations has launched cryptocurrency exchange ‘Coinome’ in India offering trading of Bitcoin and Bitcoin Cash. To start trading on this exchange, the user has to follow an e-KYC process, under which, he/she is required to register his/her Aadhaar number. After registering Aadhaar number, one time password (OTP) will be sent for the verification and activation of the account. Unlike many other cryptocurrency exchanges, Coinome is an open order book cryptocurrency exchange which enables direct deals between buyers and sellersjust like conventional stocks and commodities exchanges. Coinome doesn’t buy or sell cryptocurrencies directly.

Answer – 5. Demi-Leigh Nel-Peters
Explanation :
Miss South Africa Demi-Leigh Nel-Peters was crowned Miss Universe 2017 at the AXIS theater at Planet Hollywood casino-resort on the Las Vegas Strip. Nel-Peters is 22 years old. She was born in Sedgefield, South Africa. She recently earned her degree in business management. She wants to use her reign to create awareness about HIV/AIDS and self-defense causes. Along with the title, Nel-Peters earned a yearlong salary, a luxury apartment in New York City for the duration of her reign and more prizes.

Answer – 1. Maseru

Answer – 4. Both (1) and (3)

Answer – 5. Bank of Baroda (BoB)
Explanation :
Bank of Baroda (BoB) launched digital Supply Chain Finance solution which provides working capital loan opportunities for the small and medium enterprises and large corporate clients. This new product provides a range of supply chain finance products such as pre- and post-shipment finance. BoB’s digital Supply Chain Finance solution has been designed to ensure faster approvals, smoother transaction processing and availability of finance to the Small and Medium Enterprises.

Answer – 3. Ministry of Health
Explanation :
Union Ministry of Health and Family Welfare has won Bronze Medal for its creative and informative display at the 37th India International Trade Fair 2017. 37th India International Trade Fair 2017 was held from 14th – 27th November, 2017 in New Delhi. Health Ministry pavilion highlighted various programmes and initiatives of the Health Ministry such as Pradhan Mantri Matritva Suraksha Yojana (PMSMA), Mission Indradhnaush for expanding full immunization coverage, Mother’s Absolute Affection (MAA) for encouraging breastfeeding, introduction of new vaccines and Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) for strengthening the tertiary health sector.

Answer – 5. Gujarat

Answer – 5.Assam

Answer – 4. World Teachers Day

Answer –4. New Delhi
Explanation :
The first India-New Zealand Cyber Dialogue was held in New Delhi. The Indian Delegation was led by Mr. Sanjay Kumar Verma, Additional Secretary, Ministry of External Affairs. The New Zealand delegation was led by Mr. Paul Ash, Director of the National Cyber Policy Office, Department of Prime Minister and Cabinet. Areas of discussion included domestic cyber policy landscape, cyber threats and mitigation, new technologies, mechanism on bilateral cooperation and possible cooperation at various international fora and regional fora. Both sides agreed to hold the next India-New Zealand Cyber dialogue in New Zealand in 2018.

Answer –2. Russia
Explanation :
The Russian government has revealed plans to develop an ‘independent internet’ that operates separately from the Domain Name System used worldwide. The Russian Security Council has asked the Russian government to develop a separate infrastructure for BRICS countries’ internet needs while still being linked to the World Wide Web, which would continue services in the event of a global internet infrastructure collapse. The initiative plans to create a separate ‘backup’ system of Domain Name Servers (DNS) that would be totally independent of international bodies and international infrastructure, yet still remaining linked to the global internet.

Answer –1. Bank
Explanation :
Reserve Bank of India (RBI) has asked co-operative societies not use the word ‘Bank’ in their names as it violates the Banking Regulation Act. RBI has specified that using ‘bank’ in the name of cooperative societies violates Section 7 of the Banking Regulation Act, 1949. RBI has also issued a statement that some co-operative societies are accepting deposits from public just like banks do. This activity is also a violation of the provisions of the Act. As per the statement of RBI, such societies have neither been issued any licence under the Banking Regulation Act nor are they authorised to conduct banking business.

Answer –1. Kingdom of Lesotho
Explanation :
India donated 500 metric tonnes of rice to the Kingdom of Lesotho, in Southern Africa, which is facing acute food shortage due to famine. High Commissioner of India to South Africa and Lesotho, Ruchira Kamboj handed over the donation to the government of Lesotho, after she presented her credentials to King Letsie III in Lesotho’s capital, Maseru. Ruchira Kamboj also inaugurated the India-Lesotho Centre for Advanced Information Technology, a project fully-funded by the Government of India, at the Lerotholi Polytechnic in Maseru. The construction of the new building to house the Centre was completed recently.

Answer –1. Dia Mirza
Explanation :
Actor-activist Dia Mirza has been appointed UN (United Nations) Environment’s Goodwill Ambassador for India. Dia Mirza is 35 years old. She has been recognised by the United Nations for her contribution to environment conservation. As a Goodwill Ambassador, she will work with the UN to further spread the message on priority areas including clean air, clean seas, wildlife protection and climate change.

Answer : 3. Snehlata Shrivastava
Explanation : Snehlata Shrivastava, a 1982-batch retired IAS officer of the Madhya Pradesh cadre, has been appointed as the first woman Secretary General of the Lok Sabha. Snehlata Shrivastava’s appointment to this post was made by Lok Sabha Speaker Sumitra Mahajan. She will replace Anoop Mishra, who is retiring on November 30, 2017. Snehlata Shrivastava has held several senior positions in the Madhya Pradesh State Government, including Principal Secretary in the ministries of Culture and Parliamentary Affairs.

Answer – 3. NK Singh
Explanation:
Central government appointed former Planning Commission Member, NK Singh as chairman of 15th Finance Commission. Former Economic Affairs Secretary, Shaktikanta Das, Niti Aayog Member, Ramesh Chand, Former Chief Economic Advisor, Ashok Lahiri, and Georgetown University Professor Anoop Singh are the other members of 15th Finance Commission. As per Article 280 of Indian Constitution, Finance Commission is required to make recommendations on the distribution of the net proceeds of taxes between the Centre and the states.

Answer – 2.Unity One Mall, Delhi
Explanation :
Tata Power Solar Systems has commissioned India’s first rooftop solar carport at 70000 sq. mtr in Unity One Mall, in Rohini, Delhi. Solar carports are overhead canopies (mounted with solar panel) built to cover parking areas. Electricity generated through this solar carport is estimated to set off 438 tons of carbon emission annually. This solar carport will make the mall self sufficient in terms of energy requirement. Besides, mall will also earn on the unused and excess solar electricity produced, by sending it to the local power grid.

Answer – 4. G Sathiyan
Explanation
Indian paddler G Sathiyan defeated Japan’s Kazuhiro Yoshimura 4-2 to clinch the men’s singles gold medal at the 2017 ITTF Challenge Spanish Open in Almeria, Spain. G Sathiyan beat Kazuhiro Yoshimura 11-7, 3-11, 11-6, 6-11, 13-11, 11-7 in the men singles final and won the gold medal. This was Sathiyan’s second major title after the singles gold he had won two years ago in the ITTF World Tour Belgium Open.

Answer – 3. Conditional Endorsement
Explanation:
If the endorsement makes the payment of a bill subject to the fulfilment of a condition the endorsement is called Conditional Endorsement.

Answer – 5. Sans recourse Endorsement
Explanation:
The endorser expresses that he would not be liable for any expenses incurred by endorsee or any holder, in case of dishonour of the instrument the endorsement is called Sans recourse Endorsement.

Answer – 5. Masala bond
Explanation:
Masala bonds an Indian rupee denominated bond issued outside India.

Answer – 4. Samurai bond
Explanation:
Samurai bond, a Japanese yen-denominated bond issued by a non-Japanese entity in the Japanese market.

Answer – 4. FEDAI
Explanation:
Foreign Exchange Dealer’s Association of India (FEDAI) was set up in 1958 as an Association of banks dealing in foreign exchange in India (typically called Authorised Dealers – ADs) as a self regulatory body and is incorporated under Section 25 of The Companies Act, 1956. It’s major activities include framing of rules governing the conduct of inter-bank foreign exchange business among banks vis-à-vis public and liaison with RBI for reforms and development of forex market.

Answer – 5. FIMMDA
Explanation:
FIMMDA stands for The Fixed Income Money Market and Derivatives Association of India (FIMMDA). It is an Association of Commercial Banks, Financial Institutions and Primary Dealers. FIMMDA is a voluntary market body for the bond, Money And Derivatives Markets.

Answer – 4. Service Tax
Explanation:
Banking services offered to units set up in special economic zones have been exempted from paying service tax.

Answer – 5. All of these
Explanation:
Institutional investors operating in the Indian Debt Market are :
Banks
Insurance companies
Provident funds
Mutual funds
Trusts
Corporate treasuries

Answer – 4. SEBI
Explanation:
Regulator for the Indian Corporate Debt Market is the Securities and Exchange Board of India (SEBI). SEBI controls bond market and corporate debt market in cases where entities raise money from public through public issues.

Answer – 4. SARFAESI Act, 2002
Explanation:
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (also known as the SARFAESI Act) is an Indian law. It allows banks and other financial institution to auction residential or commercial properties to recover loans