Sunday 28 May 2017

Daily GK Update 27th and 28th May 2017


i. India announced a $500 million line of credit to Mauritius as the two countries resolved to deepen ties in a range of areas including the maritime domain. The two countries also signed a maritime security agreement after extensive talks between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth. 

ii. In a statement, Modi stated he and Jugnauth agreed that effective management of conventional and non-conventional threats in the Indian Ocean is essential to pursue economic opportunities.
i. The government has selected five merchant bankers, including Goldman Sachs and Citigroup, to manage the government's 3 per cent stake sale in IOC (Indian Oil Corporation) which could fetch about Rs 6,000 crore to the exchequer. The other bankers who have been selected by the Department of Investment and Public Asset Management (DIPAM) for managing the stake sale are Deutsche Equities, SBI Capital Markets and ICICI Securities. 

ii. As many as 10 merchant bankers had made presentations before the DIPAM yesterday, out of which five were selected. 

i. Apple opened its first Southeast Asia store in Singapore, drawing hundreds of excited fans to the swanky two-storey site in the city’s upmarket shopping district. Located on the affluent Orchard Road, the new shop — easily distinguished by its iconic glass facade — is expected to be one of the most popular Apple stores in the world according to the US tech giant.

ii. Merchandise such as the iPhone and MacBook were strategically placed on display across the spacious first floor, while the upper level acted as a classroom for customers to participate in hands-on sessions. 

i. The Orange City (Nagpur) has become India’s first city to have electric mass mobility system. It will have a fleet of 200 electric vehicles including taxis, buses, e-rickshaw and autorickshaws, all of which will be fully owned by cab aggregator Ola. 

ii. Road transport and highways minister Nitin Gadkari, along with Maharashtra Chief Minister Devendra Fadnavis has inaugurated India’s first multi-modal electric vehicle project at the Nagpur Airport Complex. 

i. Prime Minister of Mauritius Pravind Kumar Jugnauth is on a three-day visit to India. This is his first port of call after assuming office and India laid out a red carpet welcome to make it a truly historic and memorable first visit. Apart from announcing a 500 million USD line of credit, India offered unconditional cooperation in the key area of maritime security in the Indian Ocean region. 

ii. Prime Minister Narendra Modi assured Mauritius of continued Indian support in other important sectors including skill development and human resource development. Prime Minister of Mauritius Pravind Jugnauth had extensive delegation level talks with Indian PM Narendra Modi. At the conclusion of the talks, both the countries inked four important agreements in the field of education, maritime security, marine science and technology.

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QUIZ-28


Q1. Eminent personality Raees Khan died recently. He was famous ______________.
(a) Classical Singer
(b) Kathak Dancer
(c) Sitar Player
(d) Shehnai Player
(e) Music Director

Q2. Name the country that has been unanimously elected as the President of UN-Habitat, an organ of the United Nations Organization.
(a) China
(b) Chile
(c) Japan
(d) India
(e) Sri Lanka

Q3. Name the Database Company that has recently signed an MoU with the Government of Jharkhand to improve cloud-based citizen services and to make Jharkhand an attractive destination for start-ups.
(a) Microsoft
(b) Oracle
(c) IBM
(d) SAP
(e) QuickHeal

Q4. India's growth is expected to rebound to ________ percent in the 2017-18 fiscal and ________ percent in 2018-19 after disruptions caused by demonetization, as per the IMF (International Monetary Fund) report, respectively.
(a) 7.2 and 7.7
(b) 7.1 and 7.6
(c) 7.0 and 7.8
(d) 7.3 and 7.4
(e) 7.0 and 7.3

Q5. DIPP and World Intellectual Property Organization (WIPO) have recently signed an agreement to establish Technology and Innovation Support Centers (TISC). What does 'I' stands for in DIPP?
(a) Integrated
(b) Information
(c) Import
(d) Industrial
(e) Investment

Q6. Odisha Chief Minister Naveen Patnaik has unveiled the logo and mascot of the 22nd Asian Athletics Championships scheduled to be held in Bhubaneswar. The mascot is named as ____________.
(a) Olive Tortoise
(b) Olly Turtle
(c) King Kong Turtle
(d) Steady Turtle
(e) Purple Turtle

Q7. Which of the following sate has recently decided to gather a detailed data of every resident of the state and issue a sleek identity for every house?
(a) Madhya Pradesh
(b) Karnataka
(c) Haryana
(d) Uttar Pradesh
(e) Himachal Pradesh

Q8. India's largest cab aggregator Ola has partnered with which of the following company to launch a range of integrated digital offerings to customers.
(a) Reliance Comm.
(b) Vodafone India
(c) TATA
(d) Idea
(e) Bharti Airtel

Q9. Name the Hollywood actor who has recently grabbed the first-ever Genderless Acting Award for the Best Actor category at the MTV Movie and TV Awards.
(a) Scarlett Johansson
(b) Johnny Depp
(c) Mila Kunis
(d) Emma Watson
(e) Jannifer Aniston

Q10. Who is the present Managing Director of International Monetary Fund (IMF)?
(a) Takehiko Nakao
(b) Ban Ki Moon
(c) Christine Lagarde
(d) Sung San Ki
(e) Adams Pattinson

Q11. Name the finance company that has recently launched India's first and the simplest life insurance product that can be bought at a point of sale (PoS).
(a) Edelweiss Tokio
(b) Modaraba Company
(c) Power Finance Corporation
(d) Shriram Transport Finance
(e) Centrum Finance

Q12. Heena Sindhu claimed a bronze medal in the women's 10m Air Pistol at the Grand Prix of Liberation Plezn 2017 shooting championships. The event was held in ______________.
(a) India
(b) Czech Republic
(c) Indonesia
(d) China
(e) Austria

Q13. Name the present Governor of Haryana.
(a) E. S. L. Narasimhan
(b) Padmanabha Acharya
(c) Banwarilal Purohit
(d) Kaptan Singh Solanki
(e) ‎Duvvuri Subbarao

Q14. The government has appointed Melwyn Rego as the new MD and CEO of which of the following banks?
(a) Syndicate Bank
(b) UCO Bank
(c) Allahabad Bank
(d) Dena Bank
(e) IDBI Bank

Q15. The government of Pakistan has recently approved the appointment of ________________ as Pakistan’s next high commissioner (Envoy) to India.
(a) Sohail Mahmood
(b) Abdul Basit
(c) Mohammad Amer
(d) Irrfan Khan
(e) Jalaan Kurmu

Solutions
S1. Ans.(c)
Sol. Legendary sitar player Ustad Raees Khan died. He was 77. He was reportedly diagnosed with an ailment and had been bedridden for quite some time. He breathed his last in Karachi.

S2. Ans.(d)
Sol. India has been unanimously elected as the President of UN-Habitat, an organ of the United Nations Organization. The UN-Habitat promotes socially and environmentally sustainable human settlements across the world. Since the UN-Habitat came into being in 1978, it is only the third time that India has been elected to lead this important organization after 2007 and 1988.

S3. Ans.(b)
Sol. The Government of Jharkhand and Oracle signed a Memorandum of Understanding (MoU) intended to improve cloud-based citizen services and to make Jharkhand an attractive destination for start-ups.

S4. Ans.(a)
Sol. India's growth is expected to rebound to 7.2 percent in the 2017-18 fiscal and 7.7 percent in 2018-19 after disruptions caused by demonetization, as per the IMF (International Monetary Fund) report.

S5. Ans.(d)
Sol. The Department of Industrial Policy and Promotion (DIPP) and World Intellectual Property Organization (WIPO) have signed an agreement to establish Technology and Innovation Support Centers (TISC).

S6. Ans.(b)
Sol. Odisha Chief Minister Naveen Patnaik has unveiled the logo and mascot of the 22nd Asian Athletics Championships scheduled to be held at the Kalinga Stadium in Bhubaneswar from July 6 to 9, 2017. Mr. Patnaik also formally announced Bhubaneswar as the host for the sports event. The mascot, named Olly Turtle, depicts the Olive Ridley turtles as Odisha’s Gahirmatha beach is a prime mass nesting site for the endangered species.

S7. Ans.(c)
Sol. Haryana CM Manohar Lal Khattar has decided to gather a detailed data of every resident and issue a sleek identity for every house in Haryana. The objective of this two-month long data generating exercise, to be launched on June 15, 2017 is to get details of land holdings and status of facilities.

S8. Ans.(e)
Sol. India's largest cab aggregator Ola has partnered with Bharti Airtel to launch a range of integrated digital offerings to customers. As part of the partnership, Ola will integrate Airtel Payments bank to its app and Airtel will integrate Ola's mobile wallet Ola Money as a payment solution on Airtel website and MyAirtel app for mobile recharges and bill payments.

S9. Ans.(d)
Sol. Hollywood actor Emma Watson picked up the first-ever Genderless Acting Award for the Best Actor category for "Beauty and the Beast" at the MTV Movie and TV Awards.

S10. Ans.(c)
Sol. The present Managing Director of International Monetary Fund (IMF) is Christine Lagarde. IMF is headquartered in Washington, D.C.

S11. Ans.(a)
Sol. Edelweiss Tokio launched India's first and the simplest life insurance product that can be bought at a point of sale (PoS) has finally been launched. Edelweiss Tokio Life Insurance has recently launched PoS Saral Nivesh the first product to be approved by the Insurance Regulatory and Development Authority of India's (IRDAI) guidelines on point of sale-life insurance products.

S12. Ans.(b)
Sol. Heena Sindhu claimed a bronze medal in the women's 10m Air Pistol as India ended the Grand Prix of Liberation Plezn 2017 shooting championships in Czech Republic with seven medals.

S13. Ans.(d)
Sol. CM of Haryana is Manohar Lal Khattar and Governor is Kaptan Singh Solanki. 

S14. Ans.(a)
Sol. The government of India has appointed Melwyn Rego as the new MD and CEO of Syndicate bank.

S15. Ans.(a)
Sol. The government of Pakistan has recently approved the appointment of Sohail Mahmood as Pakistan’s next high commissioner to India. Mahmood is a top diplomat of Pakistan and will replace the incumbent envoy to India Abdul Basit.