Quiz-13

Quiz-13

Q1. In which among the following cities, the 03-day global conference on Nuclear Terrorism has begun on 08th February 2017?

(a) Sydney, Australia

(b) Paris, France

(c) New Delhi, India

(d) Beijing, China

(e) New York, USA

Q2. Name the person, who has won the women’s singles titles in the 81st Senior National Badminton Championships tournament in Patna, Bihar?

(a) Prajakta Sawant

(b) Reshma Karthik 

(c) Saina Nehwal

(d) PV Sindhu

(e) Rituparna Das

Q3. Who has been appointed as the CEO of Adani Group for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy player in the country?

(a) Jennifer Purdie

(b) Moussa Faki Mahamat 

(c) Nikki Haley

(d) Antonio Tajan

(e) None of the given options is true

Q4. Minister of State in Prime Minister's Office Jitendra Singh stated that over 13 thousand Divyangs have been given jobs in various central government departments recently. Where is the constituency of Jitendra Singh?

(a) Patna Sahib, Bihar

(b) Gurugram, Haryana

(c) Alwar, Rajasthan

(d) Udhampur, Jammu and Kashmir

(e) Shimla, Himachal Pradesh

Q5. Israel’s Parliament has passed a law retroactively legalising about 4,000 homes built in Area (C) of the occupied West Bank. What is the name of Parliament of Israel?

(a) National Assembly

(b) Knesset

(c) Rajya Sabha

(d) House of Representatives

(e) None of the given options is true

Q6. Which among the following banks has tied up with IFFCO, a cooperative, to provide co-branded debit cards with inbuilt overdraft facilities to the farmers?

(a) Bank of Baroda

(b) Central Bank of India

(c) HDFC Bank

(d) State Bank of India

(e) ICICI Bank

Q7. Which Bank has partnered with leading online data and information portal Commodity Online for the distribution of loans against warehouse receipts and collateral management services across the country?

(a) South Indian Bank

(b) Federal Bank

(c) Kotak Mahindra Bank

(d) Bandhan Bank

(e) IDFC Bank

Q8. RBI governor Urjit Patel led Monetary Policy Committee (MPC) has kept the key repo rate unchanged at _____________ in the first monetary policy review of 2017 and after Budget 2017. 

(a) 6.75 percent

(b) 5.75 percent

(c) 6.25 percent

(d) 6.50 percent

(e) 4.75 percent

Q9. ICICI Securities, a subsidiary of ICICI Bank, has entered into a strategic partnership with Saxo Bank, an online multi-asset trading and investment specialist. Saxo Bank based in-

(a) France

(b) Malaysia

(c) Singapore

(d) Denmark

(e) Germany

Q10. The Supreme Court has approved the government‘s plan to record the identification details of mobile subscribers through an e-KYC mechanism linked to Aadhaar in a bid to enhance national security and prevent fake users. What is meaning of "C" in KYC-? 

(a) Credit

(b) Coverage

(c) Certificate

(d) Council

(e) Customer

Q11. The Reserve Bank of India (RBI) has announced that the cash withdrawal limit on savings accounts will be scrapped from-

(a) 13th April 2017

(b) 01st April 2017

(c) 13th March 2017

(d) 01st March 2017

(e) 19th March 2016

Q12. Which among the following two private sector banks are live with the Bharat Bill Payment System (BBPS) that is aimed at easing utility and other repetitive bill payments for consumers?

(a) Federal Bank and RBL Bank Ltd

(b) Yes Bank and IDFC Bank

(c) ICICI Bank and Axis Bank

(d) South Indian Bank and Bandhan Bank

(e) HDFC Bank and Kotak Mahindra Bank

Q13. In which Indian city, the 23rd edition of International Conference and Exhibition on Terrestrial & Satellite Broadcasting was held?

(a) New Delhi

(b) Kolkata

(c) Nagpur

(d) Lucknow

(e) Guwahati

Q14. Reserve Bank of India (RBI) has decided to phase out weekly limit on cash withdrawal from savings accounts recently. The weekly withdrawal limit for savings accounts will be raised to how much amount from 20th February 2017? 

(a) Rs. 10,000

(b) Rs. 20,000

(c) Rs. 30,000

(d) Rs. 50,000

(e) Rs. 40,000

Q15. With the government taking steps to improve ease of doing business and relax regulations, FDI into the country surged by 60% to USD 4.68 billion in November 2016. What is the meaning of "I" in FDI?

(a) Infrastructure

(b) Investment

(c) International

(d) Insurance

(e) Indians

                                                        Solutions

S1. Ans.(c)
Sol. The Implementation and Assessment Group Meeting of the Global Initiative to Combat Nuclear Terrorism has begun in New Delhi on 08th February 2017. Nearly 150 delegates from various partner countries and international organisations will take part in the three-day event.

S2. Ans.(e)
Sol. Rituparna Das has claimed the Women's Singles title defeating Reshma Karthik in the tournament. Second seed Rituparna defeated 9th seed Reshma 21-12, 21-14. 

S3. Ans.(a)
Sol. The Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy player in the country. Adani’s aim is to become the largest renewable energy industry participant in Australia with a total capacity of 1,500 MW in the near term.

S4. Ans.(d)
Sol. Minister of State in Prime Minister's Office Jitendra Singh stated that over 13 thousand Divyangs have been given jobs in various central government departments. Dr Singh said efforts are on to fill all the 15,694 vacancies in the central government. He said till now nearly 84% of vacant posts meant for Divyangs have been filled. Udhampur, Jammu and Kashmir is the constituency of Jitendra Singh.

S5. Ans.(b)
Sol. Israel’s Parliament (Knesset) has passed a law retroactively legalising about 4,000 homes built in Area (C) of the occupied West Bank. The law was passed by 60 votes to 52. The new law states that the original Palestinian landowners will be compensated with money or alternative land.

S6. Ans.(a)
Sol. In a novel initiative that would push digitalisation and cashless economy, Bank of Baroda (BOB) has tied up with IFFCO, a cooperative, to provide co-branded debit cards with inbuilt overdraft facilities to the farmers. In this regard, a memorandum of understanding (MoU) was signed between G.B.Panda, General Manager (government relationship) BOB and Yogendra Kumar, General Manager (Marketing) IFFCO.

S7. Ans.(b)
Sol. Federal Bank has partnered with leading online data and information portal Commodity Online for the distribution of loans against warehouse receipts and collateral management services across the country. Commodity Online will roll out an agri-commodity financing platform through its flagship portal www.commodityonline.com where farmers and traders can track commodity markets and warehouses online and get financing for their commodities quickly.

S8. Ans.(c)
Sol. RBI governor Urjit Patel led Monetary Policy Committee (MPC) has kept the key repo rate unchanged at 6.25% in the first monetary policy review of 2017 and after Budget 2017. Limit on cash withdrawal from savings banks accounts to be relaxed in 2 stages. From 20 February 2017 limit to be increased from Rs 24,000 to Rs 50,000. 

S9. Ans.(d)
Sol. ICICI Securities, a subsidiary of ICICI Bank, has entered into a strategic partnership with Saxo Bank, an online multi-asset trading and investment specialist. This partnership will offer Saxo's trading and investment capabilities via a digital platform to Indian investors. Saxo Bank based in Denmark.

S10. Ans.(e)
Sol. The Supreme Court has approved the government‘s plan to record the identification details of mobile subscribers through an e-KYC (Know Your Customer) mechanism linked to Aadhaar in a bid to enhance national security and prevent fake users. A Bench led by Chief Justice of India J.S. Khehar asked the government, represented by Attorney-General Mukul Rohatgi, to put in place the mechanism within a year. 

S11. Ans.(c)
Sol. The Reserve Bank of India (RBI) has announced that the cash withdrawal limit on savings accounts will be scrapped from March 13, 2017. Further, the current limit of withdrawal fixed at Rs 24,000 per week will be raised to Rs 50,000 per week from February 20th, 2017 the RBI added. The limits on bank withdrawals were placed after demonetization. 

S12. Ans.(e)
Sol. Private sector lenders HDFC Bank and Kotak Mahindra Bank are live with the Bharat Bill Payment System (BBPS) that is aimed at easing utility and other repetitive bill payments for consumers. The BBPS is a centralised system created by the National Payments Corporation, involving banks and non-banks and allows agents to access bill payments services in an interoperable manner, HDFC Bank stated.

S13. Ans.(a)
Sol. The 23rd edition of International Conference and Exhibition on Terrestrial & Satellite Broadcasting was held in New Delhi. The 3-day conference organised by the Broadcast Engineering Society (India). The theme of the conference is 'Hybrid Technologies in Broadcasting New Opportunities'. 

S14. Ans.(d)
Sol. The Reserve Bank of India (RBI) has decided to phase out weekly limit on cash withdrawal from savings accounts in two stages, starting from 20th February 2017. First, the weekly withdrawal limit for savings accounts will be raised to Rs 50,000 from February 20th, 2017. From March 13th, 2017, there will be no limit on cash withdrawal from savings accounts, the RBI announced at the sixth bi-monthly monetary policy review on 08th February 2017.

S15. Ans.(b)
Sol. With the government taking steps to improve ease of doing business and relax regulations, Foreign Direct Investment (FDI) into the country surged by 60% to USD 4.68 billion in November 2016. The FDI stood at USD 2.93 billion in November 2015. During the period, India received maximum FDI from Singapore, Mauritius, the UK, the US, the Netherlands and Japan, an official stated.