Thursday, 20 July 2017

QUIZ-20


Q1. The 18th edition of the International Indian Film Academy Awards was held recently in _____________.
(a) New Delhi
(b) New York
(c) Paris
(d) Singapore
(e) Mumbai

S1. Ans.(b)
Sol. The 18th edition of the International Indian Film Academy Awards was held in New York, USA.

Q2. Roger Federer has recently won the Wimbledon title after defeating _____________.
(a) Andy Murray
(b) Rafael Nadal
(c) Marin Cilic
(d) Gilles Muller
(e) Stan Wawrinka
S2. Ans.(c)
Sol. Roger Federer won a record eighth Wimbledon title and became the tournament’s oldest champion with a straight-sets victory over Marin Cilic. Federer claimed his 19th Grand Slam title.
Q3. The Parliamentary Hearing Special Committee (PHSC) has recently endorsed Justice ______________ for the post of Chief Justice of Supreme Court.
(a) Gopal Prasad Parajuli
(b) SushilaKarki
(c) KalyanShrestha
(d) Ram Kumar Prasad Shah
(e) Damodar Prasad Sharma
S3. Ans.(a)
Sol. Justice Gopal Prasad Parajuli will be the new Chief Justice of Nepal. The Parliamentary Hearing Special Committee (PHSC) unanimously endorsed Justice Parajuli’s name for the post of Chief Justice of Supreme Court.
Q4. Name the Indian Squash player who has recently won Victorian Open squash, a PSA Tour event, Austraila.
(a) Saurav Ghosal
(b) Joshna Chinappa
(c) Dipika Pallikal
(d) Harinder Pal Sandhu
(e) Anuroop B. S.
S4. Ans.(d)
Sol. India's Harinder Pal Sandhu has won the second title in two weeks after beating top-seed Rex Hedrick of Australia in the final of Victorian Open squash, a PSA Tour event, in Melbourne, Australia.
Q5. Name the Indian Cueist who has recently won the first National Masters snooker tournament title in Chennai.
(a) Pankaj Advani
(b) I H Manudev
(c) Sundeep Gulati
(d) S. Shrikrishna
(e) Dharminder Singh Lilly
S5. Ans.(b)
Sol. I H Manudevhas won the first National Masters snooker tournament title in Chennai, Tamil Nadu.
Q6. Name the F1 driver, who has recently won the British Grand Prix for the fifth time.
(a) Sebastian Vettel
(b) Valtteri Bottas
(c) Lewis Hamilton
(d) Daniel Ricciardo
(e) Sergio Perez
S6. Ans.(c)
Sol. Mercedes’ Lewis Hamilton won the British Grand Prix for the fifth time, matching the record of Jim Clark and Alain Prost to cut Sebastian Vettel’s championship lead to just a single point.
Q7. Nar BahadurBhandari, a Chief Ministers of which of the following state has passed away, recently?
(a) Sikkim
(b) Assam
(c) Meghalaya
(d) Tripura
(e) Nagaland
S7. Ans.(a)
Sol. Nar BahadurBhandari, one of the longest-serving chief ministers of Sikkim has died recently. Mr Bhandari, a three-term former Chief Minister was 77 years old.
Q8. Name the IPS officer who has recently took charge as the new Director General of Indo-Tibetan Border Police (ITBP).
(a) Kamal Narayan
(b) PranayKohli
(c) Ashok Kumar Mathur
(d) Vishal Agnihotri
(e) R K Pachnanda
S8. Ans.(e)
Sol. Shri R K Pachnanda, an IPS officer, took charge as the new Director General of Indo-Tibetan Border Police (ITBP), recently.
Q9. What is the Capital of Tibet?
(a) Shigatse
(b) Lhasa
(c) Zhangmu
(d) Yangbajain
(e) Kangding
S9. Ans.(b)
Sol. The Capital of Tibet is Lhasa.
Q10. Roger Federer has recently won the Wimbledon title. This was his ________ Wimbledon title.
(a) 6th
(b) 10th
(c) 9th
(d) 11th
(e) 8th
S10. Ans.(e)
Sol. Roger Federer won a record eighth Wimbledon title and became the tournament’s oldest champion with a straight-sets victory over Marin Cilic.
Q11. For which of the following movie, Alia Bhatt was awarded the Best Actor (Female) in the International Indian Film Academy (IIFA) Awards?
(a) Highway
(b) Shandaar
(c) Dear Zindagi
(d) Udta Punjab
(e) Badrinath Ki Dulhaniya
S11. Ans.(d)
Sol. In the 18th edition of the International Indian Film Academy Awards, Alia Bhatt was awarded the Best Actor (Female) for Udta Punjab.

Q12. Erode-based Five P Venture India Private Ltd and Central Silk Board (CSB) inked an agreement for development and commercialization of handloom silk products. The Headquarter of Central Silk Board (CSB) is in ____________.
(a) Bengaluru
(b) New Delhi
(c) Mumbai
(d) Jaipur
(e) Chennai
S12. Ans.(a)
Sol. Erode-based Five P Venture India Private Ltd and Central Silk Board (CSB) inked an agreement for development and commercialization of handloom silk products. The Headquarter of Central Silk Board (CSB) is in Bengaluru.

Q13. Digital payments company _____________ has partnered Samsung Pay, under which consumers will be able to make payments with a single tap using select Samsung handsets.
(a) Paytm
(b) Freecharge
(c) MobiKwik
(d) Airtel Payments
(e) Oxigen Wallet
S13. Ans.(c)
Sol. Digital payments company MobiKwik has partnered Samsung Pay, under which consumers will be able to make payments with a single tap using select Samsung handsets.
Q14. Who is the founder and CEO of e-commerce company Paytm?
(a) Jef Bejoz
(b) Vijay Shekhar Sharma
(c) Bipin Preet Singh
(d) Upasana Taku
(e) R K Pachnanda
S14. Ans.(b)
Sol. Vijay Shekhar Sharma is the founder and CEO of e-commerce company Paytm.
Q15. In IIFA awards 2017, Anirudh Roy Chaudhary was awarded the Best Director award for his movie ____________.
(a) Piku
(b) Udta Punjab
(c) Neerja
(d) Pink
(e) Buno Haansh
S15. Ans.(d)
Sol. In IIFA awards 2017, Anirudh Roy Chaudhary was awarded the Best Director award for his movie Pink.

QUIZ-20


Q1. President Pranab Mukherjee has launched the ______________ mobile application, aimed at raising awareness about female foeticide and sex selection.
Answer: Selfie with Daughter

Q2. Which Banks is the Lead Bank for Thiruvananthapuram district and it has launched the Retail Mart, a retail lending concept, in Kerala's capital city?
Answer: Indian Overseas Bank (IOB)

Q3. The Central Council for Research in Yoga & Naturopathy (CCRYN)  under the Ministry of AYUSH, Government of India, has initiated a Yoga Awareness Drive through Mascots and Flash Mobs __________ prior to International Yoga Day to increase the popularity of Yoga, especially among the youth.
Answer: YogMob

Q4. Name the players, who have clinched the French Open men's doubles title 2017?
Answer: Michael Venus and Ryan Harrison

Q5. Who is the present MD & CEO of Indian Overseas Bank?
Answer: R Subramaniakumar

Q6. India has signed a Memorandum of Understanding with which country to institutionalize cooperation between Parliaments of the two countries?
Answer: Mauritius

Q7. The government of India has recently launched a service named ____________ to provide legal aid for the people living in rural areas through video conferencing.
Answer: Tele Law

Q8. In French open 2017 Women's Doubles Title, Bethanie Mattek-Sands and Lucie Safarova defeated Ashleigh Barty and Casey Dellacqua to win the title. Lucie Safarova hails from which country?
Answer: Czech Republic

Q9. The Union Minister of State for Development of North Eastern Region (DoNER), Dr. Jitendra Singh announced the launch of HADP for Northeast in Imphal, Manipur. What does 'D' stands for in HADP?
Answer: Development

Q10. Which city in India is about to experience a wonder in the form of an underwater Metro train which will run beneath a river in the State?
Answer: Kolkata

Q11. Name the legendary poet and essayist who was recently conferred with the covetous Kalinga Literary Award for his work and contribution to literature at the fourth edition of Kalinga Literary Festival (KLF).
Answer: Haraprasad Das

Q12. India’s Jitu Rai and Heena Sidhu combined to clinch the gold medal in mixed team __________ event of the ISSF World Cup.
Answer: 10m air Pistol

Q13. Japan recently launched a satellite to help build a high-precision geolocation system that will complement the US-operated GPS. A 'H-IIA' rocket blasted off from _________________.
Answer: Tanegashima Space Center

Q14. Which has recently launched world’s largest floating solar farm?
Answer: China

Q15. Name the 12-year-old girl from Odisha who has created history by becoming the youngest girl to bag the "Little Miss Universe Internet 2017" in Georgia.
Answer: Padmalaya Nanda

Banking Awareness


Q1. The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on-
(a) 05th October 1956
(b) 05th July 1859
(c) 07th August 1884
(d) 02nd April 1921
(e) 02nd June 1806

S1. Ans.(e)
Sol. The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809). A unique institution, it was the first joint-stock bank of British India sponsored by the Government of Bengal. 

Q2. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January-
(a) 1961
(b) 1956
(c) 1949
(d) 1921
(e) 1934

S2. Ans.(d)
Sol. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January 1921.

Q3. With the merger in April 2017, State Bank of India has entered the league of 'Top 50 Global Banks' with a balance sheet size of-
(a) Rs. 54 trillion
(b) Rs. 32 trillion
(c) Rs. 41 trillion
(d) Rs. 67 trillion
(e) Rs. 52 trillion
S3. Ans.(c)
Sol. With the merger, 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.
Q4. SBI was earlier placed at 54th rank globally but after the merging, it moved to _______ position making it in the top 50 leading banks globally.
(a) 42nd
(b) 44th
(c) 47th
(d) 51st
(e) 40th
S4. Ans.(b)
Sol. With the merger, 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 44th position making it in the top 50 leading banks globally.
Q5. What is the tagline of State Bank of India (SBI) after the merger?
(a) Banker to every Indian
(b) The Name you can Bank Upon
(c) A Faithful & Friendly Financial Partner
(d) Experience Next Generation Banking
(e) A Tradition of Trust
S5. Ans.(a)
Sol. After the merger, the tagline of SBI has remained same i.e. "Banker to every Indian".
Q6. Where is the headquarter of SBI?
(a) Mumbai
(b) Chennai
(c) Kolkata
(d) New Delhi
(e) Pune
S6. Ans.(a)
Sol. Headquarter of SBI is in Mumbai, Maharashtra.
Q7. After the merger of Associates of SBI, the total customer base of the bank reaches _____ crore. 
(a) 41 crore
(b) 37 crore
(c) 34 crore
(d) 47 crore
(e) 53 crore

S7. Ans.(b)
Sol. After the merger of Associates of SBI, the total customer base of the bank reaches 37 crores.
Q8. Name the person, who is present Chairman of State Bank of India (SBI)?
(a) B Sriram 
(b) Rajnish Kumar 
(c) Arundhati Bhattacharya
(d) Dinesh Kumar Khara 
(e) PK Gupta
S8. Ans.(c)
Sol.  List of Directors on the Central Board of State Bank of India w.e.f. 26th June 2017.
1. Arundhati Bhattacharya (Chairman)
2. B. Sriram (Managing Director)
3. Rajnish Kumar (Managing Director)
4. Dinesh Kumar Khara (Managing Director)
5. P. K. Gupta (Managing Director)
Q9. After the merger of Associates of SBI, nearly _________ ATMs across the country.
(a) 63,000 ATMs
(b) 47,000 ATMs
(c) 51,000 ATMs
(d) 59,000 ATMs
(e) 42,000 ATMs
S9. Ans.(d)
Sol. After the merger of Associates of SBI, nearly 59,000 ATMs across the country.
Q10. Which among the following Bank is not merged with State Bank of India (SBI) in April 2017?
(a) State Bank of Bikaner and Jaipur (SBBJ)
(b) State Bank of Mysore (SBM)
(c) State Bank of Travancore (SBT)
(d) State Bank of Patiala (SBP)
(e) State Bank of Indore (SBI)
S10. Ans.(e)
Sol. 1st 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. The five associate banks are State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Hyderabad (SBH) and State Bank of Patiala (SBP). In August 2010 State Bank of Indore officially merged into State Bank of India.

Banking Awareness


Q1. Which bank has tied up with PFG Forex for remittance facility for the benefit of Indian expatriates from Australia recently?
(a) Punjab National Bank
(b) Bank of Baroda
(c) State Bank of India
(d) Kotak Mahindra Bank
(e) South Indian Bank

S1. Ans.(e)
Sol. South Indian Bank has tied up with PFG Forex for remittance facility for the benefit of Indian expatriates from Australia. The new facility will leverage the bank to reach the Indian diaspora.
Q2. The United Forum of Bank Unions has decided to observe July __________ the 48th anniversary of nationalisation of major banks, as ‘Save public sector banks’ day.
(a) July 18th 
(b) July 19th
(c) July 20th
(d) July 17th
(e) July 21st
S2. Ans.(b)
Sol. The United Forum of Bank Unions has decided to observe July 19, 2017 the 48th anniversary of nationalisation of major banks, as ‘Save public sector banks’ day. Members will wear a commemorative badge on the day, display posters in front of all branches, distribute leaflets and hold rallies/demonstrations at all centres across the country.
Q3. Indus OS has partnered with __________ to launch OS-integrated UPI payment platform in India.
(a) IDFC Bank
(b) Axis Bank
(c) ICICI Bank
(d) YES Bank
(e) HDFC Bank
S3. Ans.(d)
Sol. Indus OS has partnered with YES Bank to launch OS-integrated UPI (Unified Payment Interface) payment platform in India. Users with Indus OS will be able to use this UPI payment platform on SMS, dialler interface, and on third party apps like WhatsApp. This means P2P transactions, as well as utility payments, can be made via SMS or messaging. The platform is expected to launch in this quarter.
Q4. Where is the headquarter of South Indian Bank?
(a) Thrissur
(b) Bengaluru
(c) Kochi
(d) Chennai
(e) Pune
S4. Ans.(a)
Sol. Headquarter of South Indian Bank is in Thrissur, Kerala.
Q5. __________ is a payment system launched by National Payments Corporation of India and regulated by the Reserve Bank of India which facilitates the instant fund transfer between two bank accounts on the mobile platform.
(a) NACH
(b) BHIM
(c) UPI
(d) CPI
(e) BBPS
S5. Ans.(c)
Sol. Unified Payments Interface (UPI) is a payment system launched by National Payments Corporation of India and regulated by the Reserve Bank of India which facilitates the instant fund transfer between two bank accounts on the mobile platform.
Q6. FSB is an international body for the global financial system, has placed India in the league of countries that are 'compliant or largely compliant’ on the implementation of priority area reforms. FSB stands for-
(a) Fiscal Stability Board 
(b) Financial Solution Board 
(c) Financial Stability Bank
(d) Financial Stability Bureau
(e) Financial Stability Board
S6. Ans.(e)
Sol. The Financial Stability Board (FSB), an international body for the global financial system, has placed India in the league of countries that are 'compliant or largely compliant’ on the implementation of priority area reforms. Ahead of the G20 Summit in Germany to be attended by Prime Minister Narendra Modi, among other world leaders, the FSB has submitted its status report on progress in financial regulatory reforms in various jurisdictions, including India.

Q7. Who is the Chief Executive Offier (CEO) of YES Bank?
(a) Uday Kotak
(b) Chanda Kochhar
(c) Aditya Puri
(d) Rana Kapoor
(e) Shikha Sharma

S7. Ans.(d)
Sol. The CEO of YES Bank is Rana Kapoor.
Q8. Where is the Secretariat office of FSB?
(a) Paris, France
(b) New York, USA
(c) Basel, Switzerland
(d) Nairobi, Kenya
(e) London, UK
S8. Ans.(c)
Sol. Financial Stability Board (FSB) Secretariat office is in Basel, Switzerland.
Q9. What is the meaning of "I" in UPI?
(a) International
(b) Interface
(c) Indian
(d) Institute
(e) Initial
S9. Ans.(b)
Sol. UPI stands for Unified Payment Interface.
Q10. The payments bank will be registered as a public limited company under the Companies Act, 2013 and licensed under Section 22 of-
(a) Banking Regulation Act, 1949
(b) Reserve Bank of India Act, 1934
(c) State Bank of India Act, 1955
(d) NABARD Act, 1981
(e) None of the given options is true

S10. Ans.(a)
Sol. The payments bank will be registered as a public limited company under the Companies Act, 2013 and licensed under Section 22 of the Banking Regulation Act, 1949.

Q11. Which among the following international organisation has announced its approval to a $329 million loan to build access roads across 4,000 villages in Gujarat recently?
(a) OPEC
(b) IMF
(c) AIIB
(d) ADB
(e) World Bank
S11. Ans.(c)
Sol. China based Asian Infrastructure Investment Bank (AIIB) announced its approval to a $329 million loan to build access roads across 4,000 villages in Gujarat. The funds have been approved to construct road linkages for last-mile connectivity to schools and tribal areas in 33 districts of the state.
Q12. Takehiko Nakao is present president of-
(a) Asian Development Bank
(b) World Bank
(c) New Development Bank
(d) International Monetary Fund
(e) Asian Infrastructure Investment Bank
S12. Ans.(a)
Sol. Takehiko Nakao is present president of the Asian Development Bank.
Q13. Siemens AG opened its first digital factory in India, also the third globally after one each in Germany and China, as the industrial conglomerate pitches smart facilities to small and medium scale enterprises in the country. Siemens AG based in-
(a) Canada
(b) France
(c) China
(d) Germany
(e) Japan
S13. Ans.(d)
Sol. Siemens AG opened its first digital factory in India, also the third globally after one each in Germany and China, as the industrial conglomerate pitches smart facilities to small and medium scale enterprises in the country. Siemens AG is a German conglomerate company headquartered in Berlin and Munich and the largest industrial manufacturing company in Europe with branch offices abroad.
Q14. The Asian Development Bank (ADB) was conceived in the early __________ as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.
(a) 1950s
(b) 1960s
(c) 1940s
(d) 1970s
(e) 1980s
S14. Ans.(b)
Sol. The Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.
Q15. Who is the present president of the Asian Infrastructure Investment Bank (AIIB)?
(a) Li Keqiang
(b) Wang Yi
(c) Xie Xuren 
(d) Lou Jiwei 
(e) Jin Liqun
S15. Ans.(e)
Sol. Jin Liqun is present president of the Asian Infrastructure Investment Bank (AIIB).

Banking Awareness


Q1. Cash kept in the currency chest is owned by-
(a) Currency Chest branch bank
(b) State Bank of India
(c) Central Government
(d) Reserve Bank of India
(e) Finance Ministry

S1. Ans.(d)
Sol. To facilitate the distribution of banknotes and rupee coins, the Reserve Bank has authorised select branches of scheduled banks to establish currency chests. These are actually storehouses where banknotes and rupee coins are stocked on behalf of the Reserve Bank.

Q2. When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as___________.
(a) Consortium
(b) Syndication
(c) Multiple Banking
(d) Participation
(e) None of the given options is true

S2. Ans.(a)
Sol. In the financial or banking world, a consortium refers to several lending institutions that group together to jointly finance a single borrower.

Q3. What is the minimum amount of deposit into/withdrawal from currency chest?
(a) Rs.5,00,000
(b) Rs.1,50,000
(c) Rs.2,00,000
(d) Rs.3,00,000
(e) Rs.1,00,000

S3. Ans.(e)
Sol. The minimum amount of deposit into/withdrawal from currency chest will be Rs.1,00,000/- and thereafter, in multiples of Rs.50,000.

Q4. What is the maximum period for which a term deposit can be normally opened?
(a) 8 years
(b) 7 years
(c) 9 years
(d) 10 years
(e) 12 years

S4. Ans.(d)
Sol. The tenure of an Fixed Deposit or Term Deposit can vary from 7, 15 or 45 days to 1.5 years and can be as high as 10 years.

Q5. DICGC guarantees amount up to _____________ per depositor per bank.
(a) Rs.1,00,000
(b) Rs.1,50,000
(c) Rs.2,00,000
(d) Rs.3,00,000
(e) None of the given options is true

S5. Ans.(a)
Sol. DICGC guarantees amount up to Rs. 1,00,000 per depositor per bank.

Q6. Which among the following are long term corporate bonds that are unsecured in nature?
(a) DCF
(b) Debentures
(c) Covenant
(d) CRAs
(e) Cheque

S6. Ans.(b)
Sol. A long-term security yielding a fixed rate of interest, issued by a company and secured against assets are known as debentures.

Q7. An account for which a bank acts as an uninterested third party is termed as?
(a) Savings Account
(b) Current Account
(c) Reserve Account
(d) Escrow Account
(e) Fixed Account

S7. Ans.(d)
Sol. An escrow account is a temporary pass through account held by a third party during the process of a transaction between two parties. Definition: An escrow account is a temporary pass through account held by a third party during the process of a transaction between two parties.

Q8. A signed undertaking from one party containing a promise to pay a stated sum to a specified person or a company is known as ________.
(a) Power of Attorney
(b) Promissory Note
(c) Purchasing Power Parity
(d) Plastic Notes
(e) None of the given options is true

S8. Ans.(b)
Sol. A promissory note is a legal instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee).

Q9. Which of the following is defined as the difference between current assets and current liabilities?
(a) Venture Capital
(b) Working Capital
(c) Equitable Mortgage
(d) Loss Assets
(e) Profit and Loss Account

S9. Ans.(b)
Sol. The capital of a business (working capital) which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.

Q10. A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as __________.
(a) external debt
(b) good debt
(c) bad debt
(d) internal debt
(e) None of the given options is true

S10. Ans.(c)
Sol. The term bad debts usually refers to accounts receivable (or trade accounts receivable) that will not be collected.

Q11. The Doing Business Report” is prepared by which of the following organizations every year?
(a) Asian Development Bank (ADB)
(b) World Bank (WB)
(c) New Development Bank (NDB)
(d) World Trade Organization (WTO)
(e) None of the given options is true

S11. Ans.(b)
Sol. The Doing Business Report (DB) is a study elaborated by the World Bank Group every year that is aimed to measure the costs to firms of business regulations. The study has become one of the flagship knowledge products of the World Bank Group in the field of private sector development, and is claimed to have motivated the design of several regulatory reforms in developing countries.

Q12. Which of the following cannot be called as a debt instrument as referred in financial transactions?
(a) Certificate of Deposits
(b) Bonds
(c) Stock
(d) Commercial Paper
(e) None of the given options is true

S12. Ans.(c)
Sol. Debt instruments are assets that require a fixed payment to the holder, usually with interest. Examples of debt instruments include bonds (government or corporate), mortgages, Commercial Paper and Certificate of Deposits.

Q13. Which of the following is not a type of cheque issued by an individual?
(a) Bearer Cheque
(b) Crossed Cheque
(c) Order Cheque
(d) Savings Cheque
(e) None of the given options is true

S13. Ans.(d)
Sol. An order cheque can be a bearer cheque if the words or bearer are not cancelled out. A crossed cheque is a cheque that has been marked to specify an instruction about the way it is to be redeemed.

Q14. “World Investment Report” is annually published by-
(a) IBRD
(b) WTO
(c) IMF
(d) UNCTAD
(e) ADB

S14. Ans.(d)
Sol. The World Investment Report has been published annually since 1991 by The United Nations Conference on Trade and Development (UNCTAD). Each year´s Report covers the latest trends in foreign direct investment around the World and analyses in depth one selected topic related to foreign direct investment and development.

Q15. Treasury bills are issued in India by ______
(a) RBI
(b) State Government
(c) Government of India
(d) SEBI
(e) NABARD

S15. Ans.(c)
Sol. Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. At present, the Government of India issues three types of treasury bills through auctions, namely, 91-day, 182-day and 364-day. There are no treasury bills issued by State Governments.

QUIZ-20


Q1. World No Tobacco Day is observed around the world every year on _______________.
Answer: 31 May

Q2. The Minister of Defence and National Security of Fiji, Ratu Inoke Kubuabola signed an MoU with the Minister of Defence, Finance and Corporate Affairs, Shri Arun Jaitley, recently. What is the capital of Fiji?
Answer: Suva

Q3. According to India Development Report released by World Bank on the female participation in the workforce, what is the ranking of India in that Report?
Answer: 120th

Q4. Barcelona striker Lionel Messi won the European Golden Shoe for a record equaling fourth time having scored 37 goals in the Spanish league. He drew level with _________________.
Answer: Cristiano Ronaldo

Q5. Name the Indian Union Minister who has been chosen for WHO Director-General Special Recognition Awards for accelerating India’s tobacco control initiatives and taking bold measures to protect people against hazards of tobacco use.
Answer: Jagat Prakash Nadda

Q6. India has signed a loan agreement of 36 million dollars with the World Bank for Public Financial Management Capacity Building Program of which Indian states?
Answer: Himachal Pradesh

Q7. The Prime Minister Narendra Modi has signed seven agreements with Spain to strengthen bilateral cooperation to fight against terrorism after the visit from Germany. Who is the current Prime Minister of Spain?
Answer: Mariano Rajoy

Q8. World Milk Day is observed around the globe on ___________.
Answer: 1 June

Q9. India's Gross Domestic Product (GDP) grew at what percent during the January-March quarter of 2017, according to government data?
Answer: 6.1%

Q10. To attract more passengers to buy online train tickets, Indian Railways has introduced a new service called ___________________.
Answer: Buy Now, Pay Later

Q11. India and Russia have signed Saint Petersburg Declaration as a roadmap to enhance cooperation after the annual bilateral summit. This was the _______ edition of the Summit.
Answer: 18th

Q12. The Telangana Government has launched a digital wallet named _____________, which doesn’t charge transaction fee from consumers.
Answer: T-Wallet

Q13. The 29th state of India Telangana was formed on __________.
Answer: 2 June 2014

Q14. Japan recently launched a satellite to help build a high-precision geolocation system that will complement the US-operated GPS. A 'H-IIA' rocket blasted off from _________________.
Answer: Tanegashima Space Center

Q15. NAAC has received Asia Pacific Quality Network Award 2017 for International Co-operation in Quality Assurance. What does 'AA' stands for in NAAC?
Answer: Assessment Accreditation