Daily GK Update 20th April, 2017

Madhya Pradesh government, DMRC inked pact to supply power from Rewa project

i. Madhya Pradesh government has signed a power purchase agreement (PPA) with the Delhi Metro Rail Corporation (DMRC) to supply 24 per cent of electricity generated from the Rewa ultra mega solar project to be set up in the state.
ii. The rest of the power will be supplied to the state.

World economy to grow at 3.5 per cent in 2017: IMF

i. The International Monetary Fund (IMF) projected a marginally higher than expected growth for the world economy at 3.5 per cent in 2017.
ii. IMF projected the world economy to grow at a pace of 3.5 percent in 2017, up from 3.1 percent in 2016, and 3.6 per cent in 2018.

China to host BRICS Film Festival in June, 2017

i. The 2017 BRICS Film Festival will be held in Chengdu, southwest China’s Sichuan Province from June 23 to 27, 2017.
ii. There will be 30 films from BRICS countries (Brazil, Russia, India, China and South Africa) screened during the festival.
iii. The first BRICS Film Festival was held in New Delhi, India, in September 2016. 

First Made in India industrial robot- BRABO

i. TAL Manufacturing Solutions, a wholly owned subsidiary of Tata Motors has launched India’s first industrial-articulated robot and it goes by the name “BRABO”.
ii. The robot is indigenously developed for Micro, Small and Medium Enterprises (MSME) in India. This is the first time that an industrial robot has been conceptualized, designed and manufactured in India.

RBI caps bank exposure to REITs, InvITs at 10%

i. The RBI permitted banks to invest up to 10% of the unit capital of a Real Estate Investment Trust (REITs) or Infrastructure Investment Trusts (InvITs).
ii. The banks’ exposure to REITs/InvITs will be within the overall ceiling of 20% of the net worth permitted for direct investments in shares, convertible bonds/ debentures, units of equity-oriented mutual funds and Venture Capital Funds (VCFs).

'One Part Woman' wins Sahitya Akademi Award for translation of Mathorubhagan

i. The English translation of writer Perumal Murugan’s novel Mathorubhagan (One Part Woman) has won the Sahitya Akademi’s award for translation in English 2016.
ii. The translation was done by Aniruddhan Vasudevan and the book was published by Penguin. 

Sagar Baheti, the first visually impaired Indian runner to complete Boston Marathon

i. Bangalore-based Sagar Baheti has become the first visually impaired Indian runner to complete the historic Boston Marathon, the world's oldest and the hardest marathon to qualify for.
ii. Baheti completed the approximately 42.16 km distance in just over four hours.

Important Takeaways from above GK Update are as follows:

• Madhya Pradesh government and DMRC inked pact to supply power (24% of Electricity) from Rewa project
• Shri Rajiv Gauba is the Chairman of DMRC
• Shivraj Singh Chouhan is the CM of MP and its Governor is Om Prakash Kohli (Additional charge)
• IMF has projected world economy to grow at 3.5% in 2017
• Projection in 2016 was 3.1%
• Created in 1945, the IMF is governed by and accountable to the 189 countries
• Managing Director of IMF is Christine Lagarde
• Maurice Obstfeld, economic counselor and director of IMF Research Department released the projection officially.
• BRICS Film Festival 2017 will be held in China
• BRICS countries includes Brazil, Russia, India, China and South Africa
• The first BRICS Film Festival was held in New Delhi, India
• BRICS summit will be held in September 2017 in China’s Xiamen city
• TAL Manufacturing Solutions is a wholly owned subsidiary of Tata Motors
• BRABO is the first Made in India industrial robot
• The robot is indigenously developed for MSME in India
• The RBI permitted banks to invest up to 10% of the unit capital of an REITs or InvITs
• RBI is headquartered in Mumbai and its Governor is Mr. Urjit Patel
• RBI has recently allowed banks to invest in REITs & InvITs
• The English translation of writer Perumal Murugan’s novel Mathorubhagan won the Sahitya Akademi’s award for translation in English
• The cash prize for the award is Rs 50,000
• Sagar Baheti becomes the first visually impaired Indian runner to complete Boston Marathon
• He completed the approximately 42.16 km distance in just over four hours
• Boston is a City in Massachusetts

QUIZ-20

Q1. Name the mobile maker company that has become the first brand ever to sponsor front jerseys of two IPL teams in the same edition and will have its logo feature on the front jersey of both the teams.

(a) Oppo

(b) Vivo

(c) Lava

(d) Gionee

(e) Xiomi

Q2. The famous Berhampur ThakuraniYatra festival has begun recently (April 2017) in which of the following Indian states?

(a) Karnataka

(b) Odisha

(c) West Bengal

(d) Kerala

(e) Gujarat

Q3. Dharmendra Pradhan, Minister of State for Petroleum and Natural Gas officially launched the low emission Bharat stage (BS)-IV Grade fuel in Odisha, recently. The foundation Day of Odisha is commonly known as __________

(a) Nisakal Diwas

(b) Adhar Diwas

(c) Utkal Diwas

(d) Parvan Diwas

(e) Gotham Diwas

Q4. Prime Minister NarendraModi has recently announced to lay the foundation stone of a multi-modal terminal on River Ganga at Sahebganj in which of the following State?

(a) Uttarakhand

(b) Jharkhand

(c) Uttar Pradesh

(d) Bihar

(e) Haryana

Q5. The Manila-headquartered Asian Development Bank (ADB) lends a $175 million loan to the Power Grid Corporation of India Ltd. Name the President of ADB.

(a) Takehiko Nakao

(b) San Ki Baan

(c) Adams Peter Yon

(d) Hikanzo Abe

(e) Chigobara Hayat

Q6. The National Association of Software and Services Companies (Nasscom) has recently appointed ___________ as its chairman for 2017-2018.

(a) SandeepJ ajodia

(b) B P Kanugo

(c) Geetha Kumari

(d) Raman Roy

(e) Deepak Daas

Q7. The International Day of Sport for Development and Peace (IDSDP) is observed globally on ___________.

(a) 23 March

(b) 29 March

(c) 6 April

(d) 16 April

(e) 10 April

Q8. Name the cricketer who has recently become an acting Chief Executive Officer (CEO) of Gulf Oil India just for a day.

(a) ViratKohli

(b) VirenderSehwag

(c) Sachin Tendulkar

(d) Rahul Dravid

(e) M S Dhoni

Q9. Name the company that has recently become the seventh entity to receive a final licence from the Reserve Bank of India (RBI) to set up a payments bank.

(a) Vodafon M-Pesa

(b) Aditya Birla Idea Payments Bank Ltd

(c) BhartiAirtel Payment System

(d) Reliance Payment System

(e) None of the given options are true

Q10. Cabinet has recently signed anMoU on Cooperation in the field of Mass Media between India and __________________.

(a) Bangladesh

(b) Malaysia

(c) Japan

(d) Bhutan

(e) Myanmar

Q11. According to the new report of the World Travel and Tourism Council (WTTC), 2016 India's travel and tourism sector ranks ____________ in the world in terms of its total contribution to the country's Gross Domestic Product (GDP).

(a) 3rd

(b) 5th

(c) 9th

(d) 7th

(e) 6th

Q12. Which of the following Indian state has decided to provide a one-time grant of Rs 21,000 to all those families whose third girl child was born after August 24, 2015, under the 'AapkiBeti, HamariBeti' scheme.

(a) Punjab

(b) Jharkhand

(c) Haryana

(d) Bihar

(e) Uttar Pradesh

Q13. India has recently decided to set up a 240 million pound fund to finance clean energy projects with which of the following country?

(a) Japan

(b) UK

(c) Malaysia

(d) Bangladesh

(e) Russia

Q14. IDBI Bank has reduced interest rates, ranging from 50 to 75 basis points, on retail term deposits (RTD). CEO of IDBI Bank is __________.

(a) Chanda Kocchar

(b) Shikha Singh

(c) Suman Roy

(d) Mahesh Kumar Jain

(e) Devendra Rawat

Q15. As per the new report of the World Travel and Tourism Council (WTTC) 2016 which country has topped in the world in terms of its total contribution to the country's Gross Domestic Product (GDP)?

(a) Norway

(b) Sweden

(c) USA

(d) Switzerland

(e) Denmark

Solutions

S1. Ans.(d)
Sol. Gionee has become the first brand ever to sponsor front jerseys of two IPL teams in the same edition and will have its logo feature on the front jersey of both the teams.

S2. Ans.(b)
Sol. The famous Berhampur Thakurani Yatra festival is one of the biggest festivals of southern Odisha, has been celebrated recently.

S3. Ans.(c)
Sol. DharmendraPradhan, Minister of State (I/C) for Petroleum and Natural Gas officially launched the low emission Bharat stage (BS)-IV Grade fuel in Bhubaneswar. The launch was made on the special occasion of UtkalDiwas which is the foundation day of Odisha.

S4. Ans.(b)
Sol. Prime Minister NarendraModi will lay the foundation stone of a multi-modal terminal on River Ganga at Sahebganj in Jharkhand. The state of the art terminal, to be constructed at an estimated cost of 280 crore rupees, is an important component of the development of the National Waterway-1 from Varanasi to Haldia. 

S5. Ans.(a)
Sol. The Manila-headquartered Asian Development Bank (ADB) lends a $175 million loan to the Power Grid Corporation of India Ltd. TakehikoNakao is the President of the Asian Development Bank (ADB).

S6. Ans.(d)
Sol. The National Association of Software and Services Companies (Nasscom) appointed Raman Roy (Managing Director of Quatrro Global Services) as its chairman for 2017-2018.

S7. Ans.(c)
Sol. 6 April was declared as the International Day of Sport for Development and Peace (IDSDP) by the UN General Assembly.

S8. Ans.(e)
Sol. The former Indian cricket team skipper MS Dhoni became an acting Chief Executive Officer (CEO) of Gulf Oil India just for a day.

S9. Ans.(b)
Sol. Aditya Birla Idea Payments Bank Ltd becomes the seventh entity to receive a final licence from the Reserve Bank of India (RBI) to set up a payments bank.

S10. Ans.(a)
Sol. Cabinet has recently signedanMoU on Cooperation in the field of Mass Media between India and Bangladesh.

S11. Ans.(d)
Sol. India's travel and tourism sector ranks 7th in the world in terms of its total contribution to the country's Gross Domestic Product (GDP), according to a new report of the World Travel and Tourism Council (WTTC), 2016.

S12. Ans.(c)
Sol. Haryana government has decided to provide a one-time grant of Rs 21,000 to all those families whose third girl child was born after August 24, 2015, under the 'AapkiBeti, HamariBeti' scheme.

S13. Ans.(b)
Sol. India and the UK decided to set up a 240 million pound fund to finance clean energy projects, as per the statement of Finance Minister ArunJaitley.

S14. Ans.(d)
Sol. IDBI Bank has reduced interest rates, ranging from 50 to 75 basis points, on retail term deposits (RTD) with effect from April 5, 2017. CEO of IDBI Bank is Mahesh Kumar Jain.

S15. Ans.(c)
Sol. As per the new report of the World Travel and Tourism Council (WTTC) 2016 United States of America has topped in the world in terms of its total contribution to the country's Gross Domestic Product (GDP).