Monday 19 June 2017

Daily GK Update 18th-19th June 2017


AIIB approves membership of Argentina, Madagascar, Tonga 


i. The China-led Asian Infrastructure Investment Bank (AIIB) has approved the membership of Argentina, Madagascar, and Tonga at its second annual meeting of Governors. The AIIB’s Board of Governors adopted resolutions approving the three applicants to join the bank at the second annual meeting, which kicked off earlier in the day in South Korea’s southern resort island of Jeju. 
ii. The first meeting was held in Beijing in 2016. The approved applicants included one regional prospective member of Tonga and two non-regional members of Argentina and Madagascar. 

Important Takeaways-
  • Asian Infrastructure Investment Bank (AIIB) headquarters in Beijing, China.
  • Mr. Jin Liqun is the President of AIIB.

World’s second biggest celebrations of International Yoga Day to be held in China after India 


i. In China, ahead of the third UN International Day of Yoga, thousands of Chinese would participate in scores of events organized across the country. As per the official report, it will the second biggest yoga day celebration in the world after India. 
ii. However, yoga has become immensely popular over the years in China vying with ancient indigenous physical fitness martial art form Tai Chi. China also backed India’s move in the UN to make June 21 as International Yoga Day, giving a fillip to hundreds of yoga clubs and organizations.

Static Takeaways- 
  • The capital of China is  Beijing and its Currency is Renminbi.
  • The President of China is Xi Jinping.
  • UN International Day of Yoga is celebrated on 21st of June.

All you need to know about Arun Jaitely’s four days visit to South Korea 


i. The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley was on a four-day official visit (14th to 17th June) to Republic of Korea (ROK) and participated in the India-Korea Strategic Economic Dialogue and the 2nd Annual Meeting of Board of Governors of Asia Infrastructure Investment Bank (AIIB).

The Key Points of the visit are-

1. China-led Asian Infrastructure Investment Bank has approved USD 150 million equity investment loan to the India Infrastructure Fund. It is the bank's first such loan to fund private projects.

2. India, South Korea agree to increase investment to push infrastructure, bilateral trade
The two countries have signed agreements to establish 9 billion US dollar in concessional credit and 1 billion dollars in Official Development Assistant, ODA funding for infrastructure development projects in India. With this, Republic of Korea became one of the first non-G-7 countries to become an ODA contributor in India.

3. India-Korea Financial Dialogue in Seoul
Both sides agreed that in the face of uncertainty and the risk of rising protectionism, there was a need for the two countries to increase efforts to stimulate investment flows, support for infrastructure development, and bilateral trade among others. The dialogue was followed by the signing ceremony of Economic Development Cooperation Fund (EDCF) agreement between India and South Korea and thereafter, an MOU was signed between EXIM Bank of India and South Korea’s KEXIM Bank.

4. 2nd Annual Meeting of Board of Governors of the AIIB
The second annual meeting of the AIIB was held on June 16, 2017, in South Korea’s Jeju Island. The theme of this year’s annual meeting was “Sustainable Infrastructure”. During this second annual meeting of governors, AIIB approved the membership of Argentina, Madagascar, and Tonga.

5. India to host 2018 AIIB Annual Meeting
The Board of Governors of the AIIB announced that the Bank’s third Annual Meeting of the Board of Governors will be held in Mumbai, India in June 2018.

About AIIB in Brief-
  • Asian Infrastructure Investment Bank (AIIB) is a new multilateral development bank founded to bring countries together to address the daunting infrastructure needs across Asia.
  • AIIB headquarters in Beijing, China.
  • Mr. Jin Liqun is the current President of AIIB.
  • AIIB commenced its operation in January 2016 and has now grown to 80 approved members from around the world.

Government sets up GST facilitation cell in DIPP 



i. The government has set up a GST facilitation cell in Department of Industrial Policy and Promotion (DIPP) to facilitate the rollout of Goods and Services Tax. The cell is headed by Economic Advisor Sudhansu Sekhar Das.
ii. The cell will remain in constant touch with major industry and business associations relating to the Department. It will be the first point of contact for addressing any issue being faced by any sector related to the Department.

Important Takeaways-
  • DIPP comes under the Government of India- Ministry Of Commerce & Industry.
  • Smt. Nirmala Sitharaman is the Minister of State for Commerce and Industry (Independent Charge).
  • The Department of Industrial Policy & Promotion was established in 1995 and has been reconstituted in the year 2000.

Atal Pension Yojana (APY) can now be subscribed digitally 

Atal-Pension-Yojana -APY)-can-now-be-subscribed-digitally

i. Pension Fund Regulatory and Development Authority (PFRDA) has now introduced “APY@eNPS” which involves a complete digital enrolment process.
ii. This is the latest in the series of various initiatives taken by PFRDA for expansion of outreach of Atal Pension Yojana (APY), to give the additional push to cover the as yet unreached population with greater ease. PFRDA has conducted meetings with Banks and Dept of Post at Kolkata, Bengaluru & Mumbai respectively for the earliest roll out of the facility call.

Important Takeaways from above News:

  • National Pension System (NPS) which is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA) created by an Act of Parliament. 
  • PFRDA is authorized by Ministry of Finance, Department of Financial Services.
  • The Headquarter of PFRDA is in New Delhi.


RBI initiates Prompt Corrective Action against Bank of Maharashtra as NPA mounts 


i. The Reserve Bank of India has initiated prompt corrective action (PCA) on Bank of Maharashtra placing a restriction on the banking activities. This RBI has said that the action is taken on the bank in view of the high level of bad loans.
ii. This is the sixth bank to be placed under PCA by the RBI and of this five banks were placed under PCA in the last three months. RBI has initiated PCA on Central Bank of India, IDBI Bank, UCO Bank, Dena Bank and Indian Overseas Bank. The move will restrict the bank from announcing the dividend, opening branches, hiring and giving loans to companies rated below investment grade.

Banking Takeaways-
  • The Reserve Bank of India was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934.
  • RBI was nationalized in 1949.
  • R. P. Marathe is the Managing Director & CEO of Bank of Maharashtra.
  • The Head Office of BoM is in Pune, Maharashtra.

 SBI, Tirumala Milk Products tie up for providing loans to dairy farmers

i. State Bank of India has entered into a tie-up with Tirumala Milk Products, a South- based company which was acquired by Groupe Lactalis in 2014, to provide loans to dairy farmers who supply milk to the latter.
ii. France-based Groupe Lactalis, which also acquired Indore-based Anik Dairy in 2016, wants to double the number of dairy farmers under its fold to three lakh and ramp up the amount of milk it procures daily to 25 lakh litres by 2020 from 14 lakh litres now.

Important Takeaways from above News:

  • 01st April 2017 was the record date in India as the merger of State Bank of India took place (SBI) with five of its associate banks and Bhartiya Mahila Bank. 
  • State Bank of India has entered the league of 'Top 50 Global Banks' with a balance sheet size of Rs. 41 trillion.
  • SBI was earlier placed at 54th rank globally but after the merging, it moved to the 44th position making it in the top 50 leading banks globally.
  • The total customer base of the bank reaches 37 crores with a branch network of around 24,000 and nearly 59,000 ATMs across the country.


Connaught Place is ninth most expensive office market in world, Mumbai lags 


i. Connaught Place in the national capital is the most expensive prime office market in India and the ninth most expensive office market in the world, with an occupancy cost of $153.89 per square feet, according to the bi-annual Global Prime Office Occupancy Costs survey of US-based CBRE.
ii. Acc. to the survey, Mumbai’s Bandra Kurla Complex (BKC) moved one place up from nineteen to 20 while the CBD of Nariman Point ranked thirty-third on the list of the top 50 most expensive office markets around the world.
iii. Hong Kong (Central) became the world’s highest-priced office market with an occupancy cost of $302.51 per sq ft per annum. Asia continues to dominate the list of the world’s most expensive office locations, accounting for seven of the top ten markets, according to the survey.

Important Takeaways from Above News-
  • In 1994, CBRE was the first international real estate services firm to set up an office in India.

Govt ropes in Amitabh Bachchan to promote GST 


i. The government has roped in Bollywood megastar Amitabh Bachchan to promote Goods and Services Tax (GST), ahead of the sweeping tax reform’s implementation scheduled from July 1.
ii. The Central Board of Excise and Customs (CBEC) will be making the 74-year-old Bachchan brand ambassador for GST. The megastar has been roped in just as the rollout of the biggest tax overhaul since independence entered its final phase. Ace badminton star PV Sindhu was previously the GST ambassador.

Important Takeaways from Above News-
  • GST Council is Headed by Finance Minister of India Arun Jaitley.

DGCA suspends Air Carnival’s flying permit
DGCA-suspends-Air-Carnival’s-flying-permit

i. The Directorate General of Civil Aviation (DGCA) has suspended the flying licence of Coimbatore-based carrier Air Carnival, which has not operated a single flight since early April.
ii. With this, Air Carnival has become the third regional carrier, after Air Pegasus and Air Costa, whose air operator permit has been suspended by DGCA in the last eight months. The DGCA has suspended Air Operator Permit (AOP) of Air Carnival after it failed to satisfy the regulator in its response to the show-cause notice.

Important Takeaways from above News:
  • DGCA is the regulatory body governing the safety aspects of civil aviation in India. 
  • Pusapati Ashok Gajapathi Raju is the Union Minister for Civil Aviation. 

Kidambi Srikanth lifts Indonesia Open

i. India’s Kidambi Srikanth has lifted the Indonesia Open Super Series badminton title by defeating Japanese qualifier Kazumasa Sakai in straight games 21-11, 21-19 in the Men’s Singles final at Jakarta, Indonesia.
ii. For World No.22 Srikanth, it is his third Super Series title. He had earlier won the 2014 China Open and 2015 India Open.

Important Takeaways from Above News-

  • Jakarta is the capital of Indonesia.
  • Joko Widodo is the President of Indonesia.

‘Harry Potter’ Actor Sam Beazley Dies At The Age Of 101

i. Actor Sam Beazley, who played Professor Everard in Harry Potter and the Order of the Phoenix, has passed away at the age of 101.

ii. Beazley began his professional acting career as a teenager in 1930s and featured in films like Hamlet, and Romeo and Juliet.

Banking Awareness,


Q1. A Committee on Banking Supervision which provides a forum for regular cooperation on banking supervisory matters and to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide.
(a) BIS
(b) BASEL
(c) European Banking Supervisors
(d) All of the above
(e) None of the given options is true
S1. Ans.(b)
Sol. BASEL is a set of international banking regulations put forth by the Basel Committee on Bank Supervision, which set out the minimum capital requirements of financial institutions with the goal of minimising credit risk.
Q2. DIPP is the nodal agency in the field of foreign investments in India. What is the full form of DIPP?
(a) Department of Industry Policy and Promotion
(b) Department of Innovation Policy and Promotion
(c) Department of Industrial Policy and Promotion
(d) Department of Industrial Policy and Partnership
(e) Department of Internet Pulse and Partnership
S2. Ans.(c)
Sol. Department of Industrial Policy and Promotion (DIPP) is working under the Ministry of Commerce and Industry, Government of India. This department is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives.
Q3. The letter ‘R’ denotes which word in the term IFRS?
(a) Restructuring
(b) Reporting
(c) Recognising
(d) Remote
(e) Recurring
S3. Ans.(b)
Sol. International Financial Reporting Standards (IFRS Standards) is a single set of accounting standards, developed and maintained by the International Accounting Standards Board (the Board) with the intention of those standards being capable of being applied on a globally consistent basis—by developed, emerging and developing economies—thus providing investors and other users of financial statements with the ability to compare the financial performance of publicly listed companies on a like-for-like basis with their international peers.

Q4. Which of the following is a bank account opened by NRI to deposit income mainly generated from an Indian source?
(a) NRI
(b) NRP
(c) NRO
(d) FCNR
(e) None of the given options is true
S4. Ans.(c)
Sol. Non-Resident Ordinary (NRO) Account held to manage the income earned in India like rent, pension, dividend, interest, etc. It is opened either by the citizen of India, while temporarily shifting to abroad or by an NRI by transferring money from his home country or from his other NRO account. A normal bank account can also be redesignated to NRO account when the residential status of the account holder is changed to NRI. The account is mainly used to park money earned from Indian sources in India.
Q5. In it, a worldwide recognised identification code used at the time of international credit transfer between banks and also when there is an exchange of messages between banks.
(a) IFSC Code
(b) SWIFT Code
(c) NEFT Code
(d) BIS Code
(e) FCRA Code
S5. Ans.(b)
Sol. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication Code. The code is also used when there is an interchange of messages between banks. The code is a combination of 8 or 11 alphanumeric characters. First 4 characters bank code, Next 2 characters country code, Next 2 characters location code, Last 3 characters are optional that represents branch code.
Q6. In which of the following a credit facility is provided by the bank to an entity for a specific purpose, to be repayable after a short duration?
(a) Advances
(b) Loans
(c) Security
(d) Liabilities
(e) Goodwill
S6. Ans.(a)
Sol. Advances are the source of finance, which are provided by the banks to the companies to meet short-term financial requirement. They are granted against securities which are as under:
• Primary Security: Hypothecation of Debtors, Stock Pro-notes etc.
• Collateral Security: Mortgage of land and buildings, machinery, etc.
• Guarantees: Guarantees given by partners, directors or promoters, etc.
Q7. RRBs are working in all states of the country except _______.
(a) Sikkim
(b) Goa
(c) Andhra Pradesh
(d) Bihar 
(e) Both (a) and (b)
S7. Ans.(e)
Sol. RRB’s were established by the Government of India in the year 1975. Their establishment was followed by the 1976 Regional Rural Banks Act. These have had the main agenda to develop the economy of the rural areas and to enlarge credit amount of these areas as well as the agricultural sectors.
Q8. This organisation is made for empowering Micro, Small and Medium enterprises in India?
(a) ECGC
(b) RBI
(c) RRB
(d) SIDBI
(e) NABARD
S8. Ans.(d)
Sol. SIDBI is aimed to aid the growth and development of MSME in India.
Q9. ECS stand for-
(a) External Commercial System
(b) Electronic Clearing System
(c) Electronic Commercial System
(d) Electrical Clearing Service
(e) Electronic Clearing Service

S9. Ans.(e)
Sol. ECS stands for Electronic Clearing Service. It allows companies, Government departments and institutions which have to make bulk payments in the form of dividend warrants and interest payments on bonds to investors to transfer the proceeds electronically to customers’ bank accounts.
Q10. Nationalisation of banks took place in India in how many phases?
(a) 2
(b) 1
(c) 3
(d) 4
(e) 5
S10. Ans.(a)
Sol. Nationalisation of banks took place in India in two phases, in 1969 and 1980.
Q11. A closed economy is?
(a) Only Exports take place
(b) Only Imports take place
(c) Imports and exports take place
(d) Neither Imports nor Exports take place
(e) None of the given options is true
S11. Ans.(d)
Sol. A closed economy means no imports are brought in and no exports are sent out so as to provide consumers with everything that they need from within the economy’s borders.
Q12. Which organisation carry out open market operations?
(a) SEBI
(b) SIDBI
(c) RBI
(d) NABARD
(e) Finance Ministry
S12. Ans.(c)
Sol. RBI carries out open market operations. The open market operation is in which a country will conduct trade with outside regions.

Q13. What was the Purpose of setting up Narasimhan committee-2?
(a) Efficiency and productivity
(b) Banking reform process
(c) Export of IT sector
(d) Fiscal Reform process
(e) None of the given options is true
S13. Ans.(b)
Sol. In 1998 to analyse India’s banking sector and recommending legislation and regulations to make it more effective, competitive and efficient issued by banks or other financial institutions.
Q14. The largest bank Imperial Bank was nationalised in 1955 and rechristened as State Bank of India on the recommendation of which committee?
(a) Rangarajan Committee
(b) Chelliah Committee
(c) Rekhi Committee
(d) Gorewala Committee
(e) None of the given options is true
S14. Ans.(d)
Sol. Bank of Madras merged into the other two in British India i.e. Bank of Calcutta and Bank of Bombay to form the Imperial Bank of India which became the State Bank of India on the recommendation of Gorewala Committee.
Q15. Who monitors Priority Sector Lending (PSL) in commercial banks?
(a) Reserve Bank of India (RBI)
(b) Small Industries Development Bank of India (SIDBI)
(c) National Bank for Agriculture and Rural Development (NABARD)
(d) Government of India (GOI)
(e) Finance Ministry (FM)

S15. Ans.(a)
Sol. The priority sector lending by commercial banks is monitored by Reserve Bank of India (RBI) through periodical returns received from them.

QUIZ-19+


Q1. The Insurance Regulatory and Development Authority of India (IRDAI) has taken over the administration of Sahara India Life Insurance, a first of its kind move in the insurance sector.Who has been appointed as the administrator to manage Sahara India Life Insurance Company?
(a) R.S. Purohit
(b) R.K. Sharma
(c) Vikram Singhe
(d) Subrata Roy
(e) Sanjay Agarwal

S1. Ans.(b)
Sol. The Insurance Regulatory and Development Authority of India (IRDAI) has taken over the administration of Sahara India Life Insurance, a first of its kind move in the insurance sector. R.K. Sharma, general manager, IRDA has been appointed as the administrator with “immediate effect” to manage Sahara India Life Insurance Company.

Q2. According to the Child Rights and You (CRY) report, which of the following state has topped the list in terms of number of child Labors?
(a) Bihar
(b) Madhya Pradesh
(c) Maharashtra
(d) Uttar Pradesh
(e) Jharkhand

S2. Ans.(d)
Sol. According to the Child Rights and You (CRY) report, over 8 lakh children in India between the age group 5 and 6 years are engaged in child labor. Uttar Pradesh has the highest number of 2,50,672 children engaged in labor, followed by Bihar with 1,28,087 children and Maharashtra where the number stands at 82,847.

Q3. The Human Resource Development department of which of the following government has signed an MoU with the British Council to enhance quality of education in the state?
(a) Assam
(b) Meghalaya
(c) Sikkim
(d) Telangana
(e) Andhra Pradesh

S3. Ans.(c)
Sol. The Human Resource Development department of Sikkim government signed an MoU with the British Council to enhance quality of education in the state. The MoU will improve the educational structure of the schools of Sikkim.

Q4. World Day Against Child Labor was observed across the world on ___________.
(a) 12 June
(b) 16 June
(c) 18 June
(d) 20 June
(e) 22 June

S4. Ans.(a)
Sol. World Day Against Child Labour was observed across the world on 12 June. The International Labour Organization (ILO) launched the World Day Against Child Labour in 2002 to focus attention on the global extent of child labour and the action and efforts needed to eliminate it.

Q5. Group of Seven (G7) Environment Ministers Meeting was held recently in ___________.
(a) Canada
(b) Italy
(c) Germany
(d) USA
(e) France

S5. Ans.(b)
Sol. Group of Seven (G7) Environment Ministers Meeting was held in Bologna, Italy to discuss issues ranging from climate change to sustainable development and litter at sea. The meeting was attended by the Environment Ministers of the seven countries (US, UK, France, Germany, Italy, Canada and Japan) and the Commissioners of the European Union for Environment and Climate.

Q6. Which of the following country is not the Member of G7 group?
(a) France
(b) USA
(c) UK
(d) Russia
(e) Canada

S6. Ans.(d)
Sol. G7 members countries include USA, UK, France, Germany, Italy, Canada and Japan.

Q7. State-run power giant National Thermal Power Corporation (NTPC) has energized India's first 150 kWp canal top solar PV System on cooling water (CW) channel in which of the following state? 
(a) Madhya Pradesh
(b) Maharashtra
(c) Bihar
(d) Punjab
(e) Uttarakhand

S7. Ans.(b)
Sol. State-run power giant National Thermal Power Corporation (NTPC) has energized India's first 150 kWp canal top solar PV System on cooling water (CW) channel inside power station premises at its 2,320 MW, Mouda Thermal Power Project, near Nagpur in Maharashtra. 

Q8. NASA has posthumously awarded the Exceptional Public Service Medal to ___________, one of the world’s leading comet scientists.
(a) Ronald E. McNair
(b) Judith A. Resnik
(c) Michael A’Hearn
(d) Gregory Jarvis
(e) Ellison S. Onizuka

S8. Ans.(c)
Sol. NASA has posthumously awarded the Exceptional Public Service Medal to Michael A’Hearn, one of the world’s leading comet scientists. A’Hearn died at the age of 76.

Q9. Which of the following state government has launched PashuBazar website for online cattle sale and purchase for the farmers of the state?
(a) Telangana
(b) Andhra Pradesh
(c) Kerala
(d) Tamil Nadu
(e) Maharashtra

S9. Ans.(a)
Sol. The Telangana government has launched a website to facilitate PashuBazar website for online cattle sale. The online sale or purchase of cattle through pashubazar.telangana.gov.in website will help farmers as the cattle need not be brought to shandies every time and farmers can save on transportation cost on cattle.

Q10. What is the theme of World Day Against Child Labour 2017? 
(a) Every Child is a Gift
(b) Save Children Save Future
(c) In conflicts and disasters, protect children from child labour
(d) Child Labor is a curse, let’s eradicate it
(e) None of the given themes are true

S10. Ans.(c)
Sol. The theme of World Day Against Child Labour 2017 is "In conflicts and disasters, protect children from child labour".

Q11. The veteran UN official Achim Steiner will head the United Nations agency - UN Development Program (UNDP) - that works to fight poverty. He hails from _____________.
(a) Russia
(b) USA
(c) France
(d) Germany
(e) Spain

S11. Ans.(d)
Sol. The veteran UN official Achim Steiner will head the United Nations agency - UN Development Programme (UNDP) - that works to fight poverty. He hails from Germany.

Q12. Who is the author of 450-page book titled -‘Yug Purush, Bharat Ratna, Atal Ji’?
(a) Jairam Ramesh
(b) Ramesh Pokhriyal
(c) Banwarilal Purohit
(d) Veerappa Moily
(e) Shashi Tharoor

S12. Ans.(b)
Sol. Former Uttarakhand Chief Minister Ramesh Pokhriyal ‘Nishank, has officially handed over the first copy of the 450-page book titled -‘Yug Purush, Bharat Ratna, Atal Ji’ to the President of India Shri Pranab Mukherjee.

Q13. India ratified two key ILO conventions on child labor, according to a statement issued by the International Labour Organisation (ILO). ILO headquarters in_____________.
(a) New York, USA
(b) Paris, France
(c) Geneva, Switzerland
(d) Brussels, Belgium
(e) Rome, Italy

S13. Ans.(c)
Sol. India ratified two key ILO conventions on child labor, according to a statement issued by the International Labour Organization (ILO) in Geneva, Switzerland. Labour Minister Bandaru Dattatreya, who is in Geneva, stated that the ratification reaffirmed India’s “commitment to a child labor free society”. The ILO Headquarters in Geneva, Switzerland.

Q14. As per the recent ICC Ranking, Virat Kohli has been ranked No. 1 ODI Player. He has replaced _______________.
(a) AB de Villiers
(b) Hashim Amla
(c) David Warner
(d) Faf Du Plessis
(e) Quinten de Kock

S14. Ans.(a)
Sol. In a major shakeup in the top of the rankings after the group stages of the ICC Champions Trophy 2017, Indian captain Virat Kohli displaced South Africa’s AB de Villiers as the No.1 ranked ODI batsman in the world while Australian fast bowler Josh Hazlewood took over from Proteas pacer Kagiso Rabada as the No.1 ranked bowler.
Q15. Who is the Director-General of International Labour Organization (ILO)?
(a) Samuel Gompers
(b) Guy Ryder
(c) Takehiko Nakao
(d) Albert Thomas
(e) Ban ki Moon

S15. Ans.(b)
Sol.  Guy Ryder is the Director-General of International Labour Organization (ILO).

QUIZ-19+


Q1. Name the state that has recently decided to introduce boat ambulance service in four districts where people face difficulties in getting health service.
Answer: Odisha

Q2. Name the Indian player who has recently received the Fellowship Award at the 7th annual Asian Awards initiatives to help the under-privileged people in UK.
Answer: Sachin Tendulkar

Q3. Rabindranath Tagore received the Nobel Prize for Literature in _____________.
Answer: 1913

Q4. Indian boxer Shiva Thapa ended up with a silver medal in the 60-kg category at the Asian Boxing Championships. The event was held in ______________.
Answer: Uzbekistan

Q5. Name the Renowned tea planter from Assam who has been appointed as the new chairman of the Tea Board of India by the Union government.
Answer: Prabhat Kamal Bezboruah

Q6. 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).
Answer: Edelweiss Tokio

Q7. 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 ______________.
Answer: Czech Republic

Q8. Name the present Governor of Haryana.
Answer: Kaptan Singh Solanki

Q9. The government has appointed Melwyn Rego as the new MD and CEO of which banks?
Answer: Syndicate Bank

Q10. The government of Pakistan has recently approved the appointment of ________________ as Pakistan’s next high commissioner (Envoy) to India.
Answer: Sohail Mahmood

Q11. Technology giant Oracle has launched its cloud computing service for India, which aims to support the government's GST rollout in July and plans to open data centers in the country. Oracle is ________ based company.
Answer: USA

Q12. The theme of World Migratory Bird Day 2017 is _________________.
Answer: Their Future is Our Future – A Healthy Planet for Migratory Birds and People

Q13. Banking on the Government's drive to promote a cash-less economy, cashback portal Cashkaro.com has tied up with which of the following banks to launch card-linked offers as part of its loyalty programme for both offline and online shoppers.
Answer: YES Bank

Q14. What is the capital of South Korea?
Answer: Seoul

Q15. CEO and MD of Yes Bank is ______________.
Answer: Rana Kapoor

QUIZ-19


Q1. The International Day for Monuments and Sites is observed globally on __________.
Answer: Vistadome

Q2. Railway Minister Suresh Prabhu recently launched India's First Train with Glass Ceiling, LED Lights and rotable Seats in the Coaches named ____________.
Answer: Germany

Q3. Rodrigo Duterte has recently won Time magazine's readers' poll of the 100 most influential people in the world. He is the President of ___________.
Answer: Philippine

Q4. Bharat Heavy Electricals Ltd (BHEL) has recently commissioned two units of 270 MW at Rattan India Nasik Power Ltd's, Maharashtra. BHEL is headquartered in ________.
Answer: New Delhi

Q5. Name the Player who has recently bagged both the singles and doubles crown in Badminton championship at the Pembangunan Jaya Raya Junior Grand Prix in Jakarta.
Answer: Gayatri Pullela

Q6. The Reserve Bank of India has signed a Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Royal Monetary Authority of ____________.
Answer: Bhutan

Q7. Name the Telugu Desam Party (TDP) leader and former Andhra Pradesh minister, who had died due to cardiac arrest in Hyderabad?
Answer: Devineni Rajashekhar

Q8. India has jumped one spot to 8th rank in the 2017 A.T. Kearney Foreign Direct Investment (FDI) Confidence Index. Which country has topped A.T. Kearney Foreign Direct Investment (FDI) Confidence Index for the fifth year in a row?
Answer: USA

Q9. Who has been appointed as the new Managing Director (MD) and Chief Executive Director of its mortgage loan arm and listed entity LIC Housing Finance?
Answer: Vinay Shah

Q10. Tamil Nadu Chief Minister has dedicated the Indian Navy’s indigenously designed ‘P15A Guided Missile Destroyer’, INS Chennai to the city Chennai. Who is the present Chief Minister of Tamil Nadu?
Answer: Edappadi K. Palaniswami

Q11. Name the person who has become the first visually impaired Indian runner to complete the historic Boston Marathon.
Answer: Sagar Baheti

Q12. The 2017 BRICS Film Festival will be held in which country from June 23 to 27, 2017? 
Answer: China

Q13. National Civil Services Day is celebrated on _____________.
Answer: 21 April

Q14. BRICS Film Festival 2016 was held in _____________.
Answer: New Delhi

Q15. Name the person who inaugurated the two-day 11th Civil Services Day program in New Delhi.
Answer: Shri Rajnath Singh