Wednesday 24 May 2017

QUIZ-24


Q1. Asian Infrastructure Investment Bank (AIIB) has recently approved USD 160 million loans for a power project in Andhra Pradesh, the first credit from the bank for an Indian project. The AIIB is sponsored by ____________
(a) Japan
(b) Austria
(c) China
(d) South Africa
(e) Brazil

Q2. Braj Bihari Kumar has been recently appointed as the chairman of the Indian Council of Social Science Research (ICSSR). He has succeeded famous economist ______________.
(a) Shashi Tharoor
(b) Kamla Kiran
(c) P N Mallikarjuna
(d) S K Thorat
(e) S N Tiwari

Q3. In order to improve the connectivity of the state, Union Cabinet approved ______________ Airport as International Airport recently.
(a) Vijayawada
(b) Chennai
(c) Hyderabad
(d) Bengaluru
(e) Thiruvananthapuram

Q4. India is all set to get world's highest railway bridge in J&K which is 35 meters taller than Eiffel Tower. The Bridge will be built across which of the following River?
(a) Beas River
(b) Jhelum River
(c) Churu River
(d) Chenab River
(e) Nubra River

Q5. The 'Swachh Survekshan 2017' survey results were recently announced by Urban Development Minister M Venkaiah Naidu. Which of the following city is India’s cleanest city?
(a) Bhopal
(b) Indore
(c) Bengaluru
(d) New Delhi
(e) Bhubneshwar

Q6. The Cabinet Committee on Economic Affairs has given its approval for restructuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new Central Sector Scheme named SAMPADA. What does 'P' stands for in SAMPADA?
(a) Production
(b) Permeable
(c) Processing
(d) Power
(e) Provident

Q7. The Union Cabinet chaired by ____________ has given its approval for National Steel Policy (NSP) 2017.
(a) Shri Birender Singh
(b) Shri Arun Jaitley
(c) Shri Rajnath Singh
(d) Shri Narendra Modi
(e) None of the given options is true

Q8. The Indian men’s national football team has made it into the top 100 of the FIFA world football rankings for the first time in 21 years. Who is the President of FIFA?
(a) Sepp Blatter
(b) Joao Havelange
(c) Gianni Infantino
(d) Takehiko Nakao
(e) Soal Manol

Q9. What is the best ever ranking of Indian football team in FIFA world ranking?
(a) 99th
(b) 86th
(c) 96th
(d) 95th
(e) 94th

Q10. The 'Swachh Survekshan 2017' survey results were recently announced by Urban Development Minister M Venkaiah Naidu. Which of the following city is the dirtiest city in India?
(a) Itawah
(b) Varanasi
(c) Hardoi
(d) Gonda
(e) Bhusawal

Q11. India has launched the GSLV-F09 carrying the GSAT-9 or the “South Asia” satellite from Sriharikota, Andhra Pradesh. What is the meaning of "S" in GSLV?
(a) Satellite
(b) Solutions
(c) Search
(d) Science
(e) Space

Q12. In order to Strengthen defence ties, India has opened its first private small arms manufacturing plant at- 
(a) Vadodara, Gujarat
(b) Malanpur, Madhya Pradesh
(c) Varanasi, Uttar Pradesh
(d) Darbhanga, Bihar
(e) None of the given options is true 

Q13. The Insolvency and Bankruptcy Board of India (IBBI) has constituted Technical Committee to lay down Technical Standards for the performance of core services and other services in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations, 2017. The committee will be chaired by-
(a) Mr. Anthony Lianzuala
(b) Shobana Kamineni
(c) Dr. RB Barman
(d) Yusra Mardini 
(e) Nita Ambani

Q14. The Insolvency and Bankruptcy Board of India was established on ______________ in accordance with the provisions of The Insolvency and Bankruptcy Code, 2016.
(a) 01st April 2017
(b) 01st October 2013
(c) 01st November 2015
(d) 01st October 2016
(e) 01st September 2016

Q15. Which among the following state government has passed a resolution granting river Narmada the status of a living entity and committed itself to the protection of its legal rights recently?
(a) Andhra Pradesh
(b) Himachal Pradesh
(c) Arunachal Pradesh
(d) Uttar Pradesh
(e) Madhya Pradesh

Q16. The NABARD (Amendment) Bill, 2017 was introduced by Minister of Finance, Mr. Arun Jaitley. Who is the present Chairman of NABARD?
(a) Dr. Kshatrapati Shivaji
(b) Yaduvendra Mathur
(c) Urjit R Patel
(d) Ajay Tyagi
(e) Harsh Kumar Bhanwala

Q17. Reliance Corporate IT Park Ltd. (RCITPL) has signed a Memorandum of Understanding (MoU) with enterprise application software major SAP SE to launch ________________ solution for taxpayers.
(a) SUKHAD GST
(b) SUGAM GST
(c) SINEH GST
(d) SARAL GST
(e) None of the given options is true 

Q18. Thirty-four MoUs amounting to about Rs 2 lakh crores were signed in the three-day India Integrated Transport and Logistics Summit that was concluded in-
(a) Mumbai
(b) Lucknow
(c) New Delhi
(d) Chennai
(e) Kolkata

Q19. Who is the current Minister for Road Transport and Highways and Shipping?
(a) Radha Mohan Singh
(b) Nitin Jairam Gadkari
(c) Ram Vilas Paswan
(d) Anant Geete
(e) Bandaru Dattatreya

Q20. The Haryana government has decided to open canteens offering meals at subsidized rates to registered construction workers under the "Antyodaya Anna Yojana" at 23 locations in the state. Who is the present Chief Minister of Haryana?
(a) Manohar Lal Khattar
(b) Captain Amarinder Singh
(c) Shivraj Singh Chouhan
(d) Yogi Adityanath
(e) Virbhadra Singh

Q21. The Antyodaya Anna Yojana, an important milestone in providing foodgrains to the poor was launched on- 
(a) 25th December 2000
(b) 02nd October 2006
(c) 20th August 2004
(d) 14th November 2010
(e) 15th August 2015

Q22. The promulgation of the Banking Regulation (Amendment) Ordinance, 2017 inserting two new Sections (viz. 35AA and 35AB) after Section 35A of the __________________ enables the Union Government to authorize the Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets by initiating insolvency resolution process, where required.
(a) Banking Regulation Act, 1935
(b) Banking Regulation Act, 1949
(c) Banking Regulation Act, 1956
(d) Reserve Bank of India Act, 1934
(e) Reserve Bank of India Act, 1949

Q23. The Appointments Committee of the Cabinet has approved seven top-level changes in various public sector banks recently. Who has been appointed as MD & CEO of Allahabad Bank?
(a) G Rajkiran Rai
(b) R Subramaniakumar
(c) Usha Ananthasubramanian
(d) Dinabandhu Mohapatra
(e) RA Sankara Narayanan

Q24. Who has been appointed as MD & CEO of Punjab National Bank by appointments Committee of the Cabinet?
(a) G Rajkiran Rai
(b) R Subramaniakumar
(c) Usha Ananthasubramanian
(d) Sunil Mehta
(e) RA Sankara Narayanan

Q25. Which among the following countries has beat Australia 4-3 in a thrilling hockey final of the 26th edition of the Azlan Shah Cup at Ipoh, Malaysia?
(a) Russia
(b) Singapore
(c) India
(d) New Zealand
(e) Great Britain

Solutions

S1. Ans.(c)
Sol. China-sponsored Asian Infrastructure Investment Bank (AIIB) has recently approved USD 160 million loan for a power project in Andhra Pradesh, the first credit from the bank for an Indian project. The AIIB, in which India is the second largest shareholder after China, has approved the project with the objective to strengthen the power transmission and distribution system in Andhra Pradesh.

S2. Ans.(d)
Sol. Braj Bihari Kumar, the editor of quarterly journals Dialogue and Chintan Srijan, has been appointed as the chairman of the Indian Council of Social Science Research (ICSSR). He has succeeded famous economist S K Thorat.

S3. Ans.(a)
Sol. Union Cabinet approved Vijayawada Airport as International Airport recently. This move will improve the connectivity of the state and provide a wider choice of service at competitive cost to air travelers.

S4. Ans.(d)
Sol. Around two years from now, the Chenab river in Jammu and Kashmir will be spanned by the world’s highest railway bridge that is expected to be 35 metres taller than Paris’ Eiffel Tower. The massive arch-shaped structure, being constructed at a cost of around Rs. 1,100 crores, will rise 359 m above the river bed.

S5. Ans.(b)
Sol. The 'Swachh Survekshan 2017' survey results were recently announced by Urban Development Minister M Venkaiah Naidu. The total 434 cities of India were surveyed. Indore in Madhya Pradesh is India’s cleanest city while Gonda in Uttar Pradesh is the dirtiest, according to the ‘Swachh Survekshan-2017’.

S6. Ans.(c)
Sol. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for restructuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new Central Sector Scheme – SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) for the period 2016-20

S7. Ans.(d)
Sol. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for National Steel Policy (NSP) 2017. The new Steel Policy enshrines the long term vision of the Government to give impetus to the steel sector.

S8. Ans.(c)
Sol. The Indian men’s national football team has made it into the top 100 of the FIFA (International Federation of Association Football) world football rankings for the first time in 21 years. Gianni Infantino is the President of FIFA.

S9. Ans.(e)
Sol. The Indian men’s national football team has made it into the top 100 of the FIFA (International Federation of Association Football) world football rankings for the first time in 21 years. The last time India had been in the top 100 of the rankings was way back in 1996, with the 94th spot in February 1996 being the country’s best ever FIFA ranking.

S10. Ans.(d)
Sol. The 'Swachh Survekshan 2017' survey results were recently announced by Urban Development Minister M Venkaiah Naidu. The total 434 cities of India were surveyed. Indore in Madhya Pradesh is India’s cleanest city while Gonda in Uttar Pradesh is the dirtiest, according to the ‘Swachh Survekshan-2017’.

S11. Ans.(a)
Sol. India made its biggest space diplomacy push when the Geosynchronous Satellite Launch Vehicle (GSLV-F09), carrying the GSAT-9 or the "South Asia" satellite, was launched successfully from Sriharikota, Andhra Pradesh. 

S12. Ans.(b)
Sol. In order to Strengthen defence ties, India has opened its first private small arms manufacturing plant at Malanpur, Madhya Pradesh in a joint venture with Israel. The plant has been set up as a joint venture Punj Lloyd Raksha Systems between Indian defence conglomerate Punj Lloyd and Israel Weapons Industries (IWI).

S13. Ans.(c)
Sol. The Insolvency and Bankruptcy Board of India (IBBI) has constituted Technical Committee to lay down Technical Standards for the performance of core services and other services in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations, 2017. The committee will be Chaired by Dr. R. B. Barman and the three members of the committee are Dr. Nand Lal Sarda, Dr.  Pulak Ghosh and Sh. V. G. Kannan.

S14. Ans.(d)
Sol. The Insolvency and Bankruptcy Board of India was established on October 1, 2016 in accordance with the provisions of The Insolvency and Bankruptcy Code, 2016. Dr. MS Sahoo currently serves as Chairperson of the Insolvency and Bankruptcy Board of India (IBBI).

S15. Ans.(e)
Sol. The Madhya Pradesh government has passed a resolution granting river Narmada the status of a living entity and committed itself to the protection of its legal rights. A month ago, the Uttarakhand High Court had declared Ganga, Yamuna and their tributaries living entities with the status of a legal person.

S16. Ans.(e)
Sol. Minister of Finance, Mr. Arun Jaitley in Lok Sabha on April 5, 2017, The Bill seeks to amend the National Bank for Agriculture and Rural Development Act, 1981. Harsh Kumar Bhanwala is the present  Chairman of NABARD.

S17. Ans.(d)
Sol. Reliance Corporate IT Park Ltd. (RCITPL) has signed a Memorandum of Understanding (MoU) with enterprise application software major SAP SE to launch 'SARAL GST' solution for taxpayers. According to the subsidiary of Reliance Industries, the new offering will enable taxpayers to be GST compliant and smoothly access the government's GST System, once GST is rolled out from July 1, 2017.

S18. Ans.(c)
Sol. Thirty-four MoUs amounting to about Rs 2 lakh crores were signed in the three-day India Integrated Transport and Logistics Summit that was concluded in New Delhi. 

S19. Ans.(b)
Sol. Nitin Jairam Gadkari is the current Minister for Road Transport and Highways and Shipping.

S20. Ans.(a)
Sol. The Haryana government has decided to open canteens offering meals at subsidized rates to registered construction workers under the "Antyodaya Anna Yojana" at 23 locations in the state. Besides, mobile food vans would be started at 23 convenient sites with a large number of workers. Manohar Lal Khattar is the present Chief Minister of Haryana.

S21. Ans.(a)
Sol. The Antyodaya Anna Yojana, an important milestone in providing foodgrains to the poor was launched on December 25, 2000.

S22. Ans.(b)
Sol. The promulgation of the Banking Regulation (Amendment) Ordinance, 2017 inserting two new Sections (viz. 35AA and 35AB) after Section 35A of the Banking Regulation Act, 1949 enables the Union Government to authorize the Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets by initiating insolvency resolution process, where required. The RBI has also been empowered to issue other directions for resolution, and appoint or approve for appointment, authorities or committees to advise banking companies for stressed asset resolution. 

S23. Ans.(c)
Sol. The Appointments Committee of the Cabinet has approved seven top-level changes in various public sector banks. Usha Ananthasubramanian, MD, and CEO, Punjab National Bank, has been appointed as MD & CEO of Allahabad Bank. 

S24. Ans.(d)
Sol. Sunil Mehta, Executive Director, Corporation Bank, has been appointed as MD & CEO of Punjab National Bank. 

S25. Ans.(e)
Sol. Great Britain beat Australia 4-3 in a thrilling hockey final of the 26th edition of the Azlan Shah Cup at Ipoh, Malaysia. This victory came to Great Britain in the Azlan Shah Cup after 23 years. Australia is the world champions and had won the Azlan Shah title nine times. Great Britain becomes the first team from the British Isles to win the Azlan Shah title since 1994.

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