Banking Awareness

Q1. Which Bank has launched 10-second paperless instant loan Scheme?

(a) HDFC

(b) SBI

(c) PNB

(d) IDBI

(e) ICICI

S1. Ans.(a)
Sol. HDFC Bank, India’s second-largest private sector lender has launched a 10-second paperless instant loan Scheme for its existing customers. The 10-second Loan Scheme was launched as part of HDFC Bank’s digital banking platform GoDigital. With this, HDFC Bank became first banking institution to completely automate the entire process of loan approval and disbursement.

Q2. Which among the following organisation to provide Rs 30,000 crore credit to farmers for irrigation?

(a) NABARD

(b) RBI

(c) SBI

(d) PNB

(e) SIDBI

S2. Ans.(a)
Sol. State-run National Bank for Agriculture and Rural Development (NABARD) has set a target of providing 30,000 crore rupees as the credit to farmers for the irrigational purpose. It was announced by Bank’s Chairman and Managing Director Dr Harsh Kumar Bhanwala in Mumbai on the occasion of 34th Foundation Day of NABARD.

Q3. Which of the following bodies regulates the Regional Rural Banks?

(a) Union Government

(b) SBI

(c) RBI

(d) NABARD

(e) SIDBI

S3. Ans.(d)
Sol. RRBs are regulated by NABARD. Other banks are regulated by RBI directly.

Q4. Which among the following banks has launched the First Multi-Currency Contactless Card service in India?

(a) HDFC Bank

(b) Axis Bank

(c) State Bank of India

(d) Punjab National Bank

(e) ICICI Bank

S4. Ans.(b)
Sol. India’s third largest private sector lender, Axis Bank has launched the first Contactless Debit, Credit and Multi-Currency Forex Card in association with VISA payWave in the country. Axis Bank will offer a contactless debit/credit cards to its 1.7 million premium customers which also enables withdrawal of 15 currencies via Multi-Currency Forex facility. To facilitate contactless cards operations bank will upgrade 50,000, of its point of sale (PoS) machines across the country.

Q5. Name the organisation, which has allows Banks to tie up with insurers?

(a) IRDA

(b) RBI

(c) SBI

(d) World Bank

(e) SEBI

S5. Ans.(a)
Sol. The Insurance Regulatory and Development Authority of India (IRDA) has allowed banks to tie up with insurers. This decision was taken as part of the IRDAI’s new Bancassurance model guidelines which will be notified soon. Prior to this decision, banks were not allowed to have insurance agency tie-ups with more than one insurer. As per new decision banks can tie up with nine insurers from three segments viz. life, non–life and standalone health. It will not be binding on banks and they are free to take their call. Earlier, IRDA had constituted a 7 member committee to study the reviewing of the existing architecture of the Bancassurance model.

Q6. Which among the following Banks has launched ‘Saral-Rural Housing Loan’ Scheme for weaker sections?

(a) ICICI Bank

(b) SBI

(c) PNB

(d) Syndicate Bank

(e) Axis Bank

S6. Ans.(a)
Sol. India’s largest private sector lender Industrial Credit and Investment Corporation of India (ICICI) Bank has launched ‘ICICI Bank Saral-Rural Housing Loan’ Scheme for weaker sections of society. The scheme is new home loan proposition of the bank with the special interest rate to cater people from rural areas including women borrowers as well as from weaker sections.

Q7. Which of the following public sector bank emblem figures a dog and the words ‘faithful, friendly’ in it?

(a) Punjab National Bank

(b) Oriental Bank of Commerce

(c) Syndicate Bank

(d) State Bank of India

(e) Indian Overseas Bank

S7. Ans.(c)
Sol. Syndicate Bank emblem figures a dog and the words ‘faithful, friendly’ in it.

Q8. If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be-

(a) Increases

(b) Decreases

(c) No impact

(d) All of the above

(e) None of the given options is true

S8. Ans.(a)
Sol. The Cash Reserve means, RBI informs the banks to maintain particular cash as the reserve. So if the reserve ratio is lower then the bank can utilise those cash for credit purpose.

Q9. Which one of the following is a private bank?

(a) Allahabad Bank

(b) Punjab and Sind Bank

(c) Punjab National Bank

(d) South Indian Bank

(e) Bank of Baroda

S9. Ans.(d)
Sol. South Indian Bank Limited is a major private sector bank headquartered at Thrissur in Kerala.

Q10. PAN card issued by the income tax department cannot be used for which of the following purpose?

(a) Proof of identity

(b) Proof of a registered tax payer

(c) Proof of address

(d) Proof of date of birth

(e) None of the given options is true

S10. Ans.(c)
Sol. Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to any “person” who applies for it or to whom the department allots the number without an application.

Q11. Which among the following sectors contributes most to the saving in India?

(a) Banking and financial sector

(b) Private corporate sector

(c) Export sector

(d) Household sector

(e) None of the given options is true

S11. Ans.(d)

Sol. Household contributes most to the saving in India.

Q12. The EXIM Bank of India was established in-

(a) 1964

(b) 1970

(c) 1982

(d) 1984

(e) 1992

S12. Ans.(c)
Sol. Established by the Government of India, EXIM Bank has commenced operations in 1982 under the Export-Import Bank of India Act, 1981 as a purveyor of export credit, mirroring global Export Credit Agencies.

Q13. In banking terminology, NPA means-

(a) Non-Promise Account

(b) Non-Personal Account

(c) Non-Performing Asset

(d) Net-performing Asset

(e) Non-Performing Agency

S13. Ans.(c)
Sol. NPA stands for Non-Performing Asset.

Q14. Which of the following schemes has been launched for providing health services in rural areas?

(a) Operation Flood

(b) Look East

(c) SJSRY

(d) ASHA

(e) MGNREGA

S14. Ans.(d)
Sol. The ASHA or the Accredited Social Health Activist. ASHA will be the first port of call for any health related demands to access health services. ASHA will be a health activist in the community who will create awareness on health and its social determinants and mobilise the community towards local health planning and increased utilisation and accountability of the existing health services in Rural areas.

Q15. Which of the following is NOT a banking related term?

(a) Radiation

(b) Outstanding Amount

(c) Explicit Guarantee

(d) Benchmark Prime Lending Rate

(e) None of the given options is true

S15. Ans.(a)
Sol. In physics, radiation is the emission or transmission of energy in the form of waves or particles through space or through a material medium.

QUIZ-06

Q1. Stepping up its fight against tax evasion, the Centre has made it mandatory to quote the Aadhaar number for opening bank accounts and for transactions exceeding.......?
(a) Rs.1, 00,000
(b) Rs.10, 000
(c) Rs.75, 000
(d) Rs.50, 000
(e) Rs.25, 000

S1. Ana.(d)
Sol. Stepping up its fight against tax evasion, the Centre has made it mandatory to quote the Aadhaar number for opening bank accounts and for transactions exceeding Rs.50,000. With the amendments to the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 notified earlier this month, banks will have to demand both Aadhaar and the Permanent Account Number (PAN) for verification of identity, starting June 1.

Q2. Helmut Kohl was passed away recently. He was from-
(a) France
(b) USA
(c) Canada
(d) Japan
(e) Germany

S2. Ana.(e)
Sol. Former German Chancellor, Helmut Kohl, died at his house in Ludwigshafen, in the western state of Germany. He was 87.  Mr. Kohl, who led the centre-right Christian Democrats, was the longest-serving German chancellor of the 20th Century. As Germany's leader for 16 years, Kohl was remembered for reuniting the country and for making a huge political and economic contribution to Europe's integration.

Q3. The country's competition watchdog commonly known as CCI has imposed a penalty of how much amount on Korean carmaker Hyundai Motor India for anticompetitive conduct?
(a) Rs 87 crore
(b) Rs 501 crore
(c) Rs 133 crore
(d) Rs 102 crore
(e) Rs 15 crore

S3. Ana.(a)
Sol. The country's competition watchdog has imposed a penalty of Rs 87 crore on Korean carmaker Hyundai Motor India for anticompetitive conduct. According to the Competition Commission of India (CCI), the carmaker imposed arrangements upon its dealers that resulted in resale price maintenance — a deal not to sell a product below a specified price — in the sale of passenger cars manufactured by it. 

Q4. Name the singer and pop culture lightning rod, who has became the first person to reach 100 million followers on Twitter, making her/his the most-followed person on the platform?
(a) Justin Bieber
(b) Robert Pattinson
(c) Katy Perry
(d) Tom Cruise
(e) Kristen Stewart

S4. Ana.(c)
Sol. Katy Perry just keeps soaring in popularity. The Witness singer and pop culture lightning rod became the first person to reach 100 million followers on Twitter, making her the most-followed person on the platform, Twitter reports. Perry joined Twitter back in 2009, making her something of an early adopter as a celebrity. 

Q5. Which among the following Metro is the first public transport system to reserve jobs for members of the third sex and it will be manned mainly by women a self-help group?
(a) Jaipur Metro
(b) Kochi Metro
(c) Delhi Metro
(d) Bengaluru Metro
(e) Kolkata Metro

S5. Ana.(b)
Sol. Prime Minister Narendra Modi has inaugurated the Kochi Metro. He took a ride on the Metro from Palarivattom station to Pathadippalam station. Kerala Governor P Sathasivam, Chief Minister Pinarayi Vijayan, Union Urban Development Minister M Venkaiah Naidu and E Sreedharan is popularly known as Metro man also travelled with Mr Modi. Kochi Metro is the first public transport system to reserve jobs for members of the third sex and it will be manned mainly by women a self-help group.

Q6. What is the tagline of Aadhaar?
(a) UIDAI Parivaar, Aapka Parivaar
(b) Mera Aadhaar, Meri Pehchan
(c) Aadhar Ek, Khushiyan Anek
(d) Mera Khata, Bhagya Vidhaata
(e) Aam Aadmi, Ka Aadhikar

S6. Ana.(b)
Sol. The present tagline of Aadhaar is 'Mera Aadhaar, Meri Pehchan. The tagline of Aadhaar - 'Aam Aadmi Ka Aadhikar' has been changed to 'Mera Aadhaar, Meri Pehchan'.

Q7. Who is the present Chairperson of Competition Commission of India (CCI)?
(a) Neeru Chadha
(b) Ramanathan Ramanan
(c) J Satyanarayana
(d) Nandan Nilekani
(e) Devender Kumar Sikri

S7. Ana.(e)
Sol. Devender Kumar Sikri is the present Chairperson of Competition Commission of India (CCI). Competition Commission of India (CCI) has been established by the Central Government with effect from 14th October 2003.

Q8. External Affairs Minister has inaugurated __________ for young overseas Indians in New Delhi. 
(a) Ek Bharat Anek Sanskriti (EBAS)
(b) Bharat Ko Jaano (BKJ)
(c) Know India Programme (KIP)
(d) Young India Campaign (YIC)
(e) None of the given options is true

S8. Ana.(c)
Sol. External Affairs Minister Sushma Swaraj has inaugurated Know India Programme (KIP) for young overseas Indians at a function in New Delhi. This programme is aimed at promoting awareness on different facets of life in India and the progress made by the country in various fields such as economic and education. The Know India Programme is a three-week orientation programme for the Indian diaspora. It provides a unique forum for students and young professionals of Indian origin to visit India, share their views, expectations and experiences and develop closer bonds with the contemporary India.

Q9. Name the former Chief Justice of India, who was considered a pioneer of judicial activism in the country for introducing the concept of Public Interest Litigations (PILs) was passed away in New Delhi after the brief illness? 
(a) Anil Madhav Dave
(b) Reema Lagoo
(c) Mehrunnisa Dalwai
(d) PN Bhagwati
(e) C Narayana Reddy

S9. Ana.(d)
Sol. Former Chief Justice of India PN Bhagwati, considered a pioneer of judicial activism in the country for introducing the concept of Public Interest Litigations (PILs) was passed away in New Delhi after the brief illness. 

Q10. Which among the following public sector banks 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?
(a) State Bank of India
(b) Bank of Baroda
(c) Central Bank of India
(d) Indian Overseas Bank
(e) Punjab National Bank

S10. Ana.(a)
Sol. 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. 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.

Q11. Pension Fund Regulatory and Development Authority (PFRDA) has now introduced __________ which involves a complete digital enrolment process.
(a) APY@eNPS
(b) EPFO@eNPS
(c) PMJDY@eNPS
(d) KVP@eNPS
(e) PMMY@eNPS

S11. Ana.(a)
Sol. Pension Fund Regulatory and Development Authority (PFRDA) has now introduced “APY@eNPS” which involves a complete digital enrolment process. 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.

Q12. The Directorate General of Civil Aviation (DGCA) has suspended the flying licence of Air Carnival, which has not operated a single flight since early April. Air Carnival is based in-
(a) Nagpur
(b) Coimbatore
(c) New Delhi
(d) Patna
(e) Kochi

S12. Ana.(b)
Sol. 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. 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.

Q13. Who is Shushma Swaraj?
(a) Union Minister for Human Resource Development
(b) Union Minister for Civil Aviation
(c) Union Minister of External Affairs of India
(d) Union Minister of Women and Child Development
(e) Union Minister of Food Processing Industries

S13. Ana.(c)
Sol. Sushma Swaraj is an Indian politician, former Supreme Court lawyer and the current Minister of External Affairs of India, in office since 26 May 2014.

Q14. The Atal Pension Yojana (APY) was launched by the Prime Minister of India on 9th May 2015 and became operational from 1st June 2015. APY is available for all citizens of India in the age group of-
(a) 18-20 years
(b) 18-60 years
(c) 18-50 years
(d) 18-40 years
(e) 18-30 years

S14. Ana.(d)
Sol. The Atal Pension Yojana (APY) was launched by the Prime Minister of India on 9th May 2015 and became operational from 1st June 2015. APY is available for all citizens of India in the age group of 18-40 years. Under the APY, the subscribers would receive a minimum guaranteed pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years, depending on their contributions, which itself would vary on the age of joining the APY.

Q15. UIDAI is a statutory authority established under the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (“Aadhaar Act 2016”) on 12 July 2016 by the Government of India, under the Ministry of Electronics and Information Technology (MeitY). What is the meaning of "U" in UIDAI?
(a) Unicode
(b) Universal
(c) Umbrella
(d) Useful
(e) Unique

S15. Ana.(e)
Sol. The Unique Identification Authority of India (UIDAI) is a statutory authority established under the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (“Aadhaar Act 2016”) on 12 July 2016 by the Government of India, under the Ministry of Electronics and Information Technology (MeitY). UIDAI was created with the objective to issue Unique Identification numbers (UID), named as "Aadhaar", to all residents of India that is (a) robust enough to eliminate duplicate and fake identities, and (b) can be verified and authenticated in an easy, cost-effective way. The first UID number was issued on 29 September 2010 to a resident of Nandurbar, Maharashtra. The Authority has so far issued more than 111 crore Aadhaar numbers to the residents of India.

New Pattern English

Directions (1-15): In each of the following sentences, five options are given. You are required to identify the best way of writing the sentence in the context of the correct usage of standard written English. While doing so, you have to ensure that the message being conveyed remains the same in all the cases.

Q1. If he was to decide to go to college, one would recommend that he plan to go to IIM, Ahmedabad.

(a) If he was to decide to go to college, one would recommend that he plan to go to IIM, Ahmedabad.

(b) If he were to decide to go to college, one would recommend that he plan to go to IIM, Ahmedabad.

(c) Had he decided to go to college, one would recommend that plan to go to IIM, Ahmedabad.

(d) In the event that he decides to go to college, one would recommend that plan to go to IIM, Ahmedabad.

(e) Had he decide to go to college, one would recommend that he go to IIM, Ahmedabad.

Q2. Except for you and I, everyone brought a present for the little birthday boy.

(a) Except for his and I, everyone brought a present for the little birthday boy.

(b) With the exception of you and I, everyone brought a present for the little birthday boy.

(c) Except for you and I, everyone had brought a present for the little birthday boy.

(d) Except for you and me, everyone brought a present for the little birthday boy.

(e) Excepting you and I, all brought present for the little boy.

Q3. When one reads the Hindi literature of the twentieth century, you find a striking contrast between the writings of Munshi Premchand and later day writers of popular Hindi fiction.

(a) When one reads the Hindi literature of the twentieth century, you find a striking contrast between the writings of Munshi Premchand and later day writers of popular Hindi fiction.

(b) When you read the Hindi literature of the twentieth century, one finds a striking contrast between the writings of Munshi Premchand and later day writers of popular Hindi fiction.

(c) When one reads the Hindi literature of the twentieth century, he finds a striking contrast between the writings of Munshi Premchand and later day writers of popular Hindi fiction.

(d) If one reads the Hindi literature of the twentieth century, you find a striking contrast between the writings of Munshi Premchand and later day writers of popular Hindi fiction.

(e) When one reads the Hindi Literature of the twentieth century, one finds a striking contrast between the writings of Munshi Premchand and later day writers of popular Hindi fiction.

Q4. Because of his tennis elbow injury, Limba Ram has not and possibly never will be able to pick up the bat again.

(a) Because of his tennis elbow injury, Limba Ram has not and possibly never will be able to pick up the bat again.

(b) Because of his tennis elbow injury, Limba Ram has not and possibly will never be able to pick up the bat again.

(c) Because of his tennis elbow injury, Limba Ram has not been and possibly never would be able to pick up the bat again.

(d) Because of his tennis elbow injury, Limba Ram has not been able to and possibly never will be able to pick up the bat again.

(e) Because of his tennis elbow injury, Limba Ram has not and if possible be never able to pick up the bat again.

Q5. Had he realised how close he was to failing, he would not have gone to the party.

(a) Had he realised how close he was to failing, he would not have gone to the party.

(b) If he would have realised how close he was to failing, he would not have gone to the party.

(c) Had he had realised how close he was to failing, he would not have gone to the party.

(d) When he realized how close he was to failing, he did not go to the party.

(e) If he would realize how close he was to failing, he should not have gone to the party.

Q6. The Indian cricket team’s winning it’s first game of the 2007 World Cup excited the fans of the team.

(a) The Indian cricket team’s winning it’s first game of the 2007 World Cup excited the fans of the team.

(b) The Indian cricket team having won its first game of the 2007 World Cup, excited the fans of the team.

(c) The Indian cricket team’s having won its first game of the 2007 World Cup excited the fans of the team.

(d) The Indian cricket team’s winning its first game of the 2007 World Cup excited the fans of the team.

(e) The Indian cricket team’s had won its first game of the 2007 World Cup excited the fans of the team.

Q7. Poor product quality angers Mr. Garbole, who wonders if it is part of a strategy by marketers.

(a) Poor product quality angers Mr. Garbole, who wonders if it is part of a strategy by marketers.

(b) Poor product quality angers Mr. Garbole, who wonders if marketers are part of the strategy.

(c) Poor product quality angers Mr. Garbole, that wonders if it is part of a strategy by marketers.

(d) Poor product quality angers Mr. Garbole, who wonders if they are part of a strategy by marketers.

(e) Poor product quality angers Mr. Garbole, who wonders if it are part of a strategy.

Q8. Ambikesh noticed the cat’s soft hair, sharp paws, and keen sense of hearing.

(a) Ambikesh noticed the cat’s soft hair, sharp paws, and keen sense of hearing.

(b) Ambikesh noticed the cat’s soft hair, sharp paws, and that his sense of hearing was keen.

(c) Ambikesh noticed the cat’s soft hair, that he had sharp paws, and a very keen sense of hearing.

(d) Ambikesh noticed the cat’s soft hair, keen sense of hearing and also that it had sharp paws.

(e) Ambikesh as noticed the cat’s soft hair, sharp paws and keen sense of hearing.

Q9. Having bowed our heads, the priest in the temple led us in prayer.

(a) Having bowed our heads, the priest in the temple led us in prayer.

(b) After we bowed our head, the priest in the temple led us in prayer.

(c) After we bowed our heads, the priest in the temple led us in prayer.

(d) After we had bowed our heads, the priest in the temple led us in prayer.

(e) After having bowed our head, the priest in the temple led us in prayer.

Q10. My grandmother seldom ever wants to try and face the facts.

(a) My grandmother seldom ever wants to try and face the facts.

(b) My grandmother seldom if ever wants to try and face the facts.

(c) My grandmother seldom ever wants to try to face the facts.

(d) My grandmother seldom wants to try to face the facts.

(e) My grandmother seldom want to try face the facts.

Q11. Anyone interested in flying planes can learn much if you have access to a flight simulation machine.

(a) Anyone interested in flying planes can learn much if you have access to a flight simulation machine.

(b) Anyone interested in flying planes can learn much if he has access to a flight simulation machine.

(c) Anyone interested in flying planes can learn much if access is available to a flight simulation machine.

(d) Anyone interested in flying planes can learn much from access to a flight simulation machine.

(e) Anyone interests in flying planes can learn much if they had access to a flight simulation machine.

Q12. No officer had ought to be put into a situation where he has to choose between his love for his family and the responsibilities accompanying his duty.

(a) No officer had ought to be put into a situation where he has to choose between his love for his family and the responsibilities accompanying his duty.

(b) No officer had ought to be put into a situation in which he has to choose between his love for his family and the responsibilities accompanying his duty.

(c) No officer should be put into a situation where he has to choose between his love for his family and the responsibilities accompanying his duty.

(d) No officer ought to be put into a situation in which he has to choose between his love for his family and the responsibilities accompanying his duty.

(e) No officer would be put in a situation where he have to choose between his love for family and the responsibilities accompanying his duty.

Q13. Being a realist, the detective could not accept the statement of the accused that UFOs had caused the disturbance.

(a) Being a realist, the detective could not accept the statement of the accused that UFOs had caused the disturbance.

(b) Since he was a realist, the detective could not accept the statement of the accused that UFOs had caused the disturbance.

(c) Being that he was a realist, the detective could not accept the statement of the accused that UFOs had caused the disturbance.

(d) Realist that he was, the detective could not accept the statement of the accused that UFOs had caused the disturbance.

(e) Being a realist that he was, the detective could not accept the statement of the accused that UFOs had caused the disturbance.

Q14. The reason I came late of office today is because my car broke down.

(a) The reason I came late of office today is because my car broke down.

(b) Why I came late to office today is because my car broke down.

(c) The reason I was late to office today is because my car broke down.

(d) The reason I came late to office today is that my car broke down.

(e) The reason I came late to office is since my car broke down.

Q15. The shopkeeper hadn’t hardly any of those kind of goods.

(a) The shopkeeper hadn’t hardly any of those kind of goods.

(b) The shopkeeper hadn’t hardly any of those kinds of goods.

(c) The shopkeeper had hardly any of those kind of goods.

(d) The shopkeeper had hardly any of those kinds of goods.

(e) The shopkeeper had not hardly any of those kinds of goods.

Solutions

S1. Ans.(b)

Sol. B is the best way of expressing the idea. The is the case of Subjunctive mood.

S2. Ans.(d)

Sol. D. The correct answer corrects the incorrect use of subjective pronoun ‘I’ in the other sentences. After ‘except’ we use objective case pronouns.

S3. Ans.(e)

Sol. The improper use of the pronouns ‘one’ and you is corrected in Choice E. pronoun and verb inconsistency in all other sentences except option E. Singular pronoun ‘One’ will follow singular verb ‘finds’.

S4. Ans.(d)

Sol. The omission of the past participle ‘been’ is corrected in Choice D.

S5. Ans.(a)

Sol. A. There is no error in the original sentence. This sentence is the application of third conditional in English grammar.          

S6. Ans.(d)

Sol. D. The correct pronoun is its. We need possessive case pronoun not the apostrophe.

S7. Ans.(a)

Sol. No error. Poor product quality is singular, so the singular noun ‘it’ must also be correct.

S8. Ans.(a)

Sol. A. No error. The phrases are all parallel: soft hair sharp paws, and keen sense of hearing.

S9. Ans.(d)

Sol. D. Having bowed our heads is a dangling modifier. Option D is the best way of rephrasing it.

S10. Ans.(d)

Sol. Option D is the best way of phrasing the message. We don’t use ‘ever’ with seldom. And singular verb ‘wants’ will be used.

S11. Ans.(b)

Sol. B. This corrects the unnecessary switch in the pronouns, anyone-you. Anyone is followed by singular pronoun ‘he or she’.

S12. Ans.(c)

Sol. C. This is the most correct and concise form of the sentence. Modal verb ‘should’ be used.

S13. Ans.(a)

Sol. A. There is no error in the original sentence.

S14. Ans.(d)

Sol. D. ‘The reason is that’ is preferable to ‘The reason is because’.

S15. Ans.(d)

Sol. D. This corrects the double negative (hadn’t hardly) and also uses ‘those’ with kinds correctly.

Daily GK Update 05th July 2017

1. Indo-Thailand joint military exercise begins in Himachal Pradesh

i. A 14-day joint military training exercise between India and Thailand started in Himachal Pradesh. The joint exercise of the Indian Army with the Royal Thailand Army commenced at Bakloh in Chamba district.

ii. The aim of this exercise is to build and promote closer relations while exchanging skills and experiences between the two armies. 'Exercise Maitree 2017' is a continuation of a series of joint exercises between the Indian Army and the Royal Thailand Army.
iii. The previous edition of the exercise was held at Krabi in Thailand in 2016.

Important Takeaways from Above-

• A joint training exercise between the Indian Army and the Royal Army of Oman named Al Nagah-II 2017 also held in Himachal Pradesh in March 2017.
• Bangkok is the capital of Thailand.
• Its currency is Thai baht.

2. TERI ranked second among world's climate think tanks

i. An international body which focuses on climate policies has ranked The Energy Resources Institute (TERI) among the top think tanks in the world. TERI was ranked number two by the International Center for Climate Governance (ICCG).

ii. The New Delhi-based think tank was ranked under the category '2016 Top Climate Think Tanks in the Rest of the World--Absolute Global Rankings' during ICCG's 23rd annual conference of the European Association of Environmental and Resource Economists (EAERE) in Athens in Greece.

Important Takeaways from Above News- 

• The Director General of TERI is Ajay Mathur. 

3. Karnataka launches ‘Elevate 100’ scheme for start-ups

i. The Karnataka government has launched the ‘Elevate 100’ scheme to identify and nurture innovative start-ups. The aim is to identify 100 most innovative start-ups in the state to elevate them to the next level of success.

ii. The Elevate scheme is the brainchild of the start-up cell, Karnataka Biotechnology and Information Technology Services (KBITS), to help start-ups across the state succeed by providing them with access to mentors, networking opportunities, and in-depth sessions for start-ups on accounting, and emerging technologies.

Important Takeaways from Above News-

• Siddaramaiah is the CM of Karnataka.
• Vajubhai Vala is the Governor of Karnataka.

4. New Israeli flower named after PM Modi

i. A new fast-growing Israeli flower was today named after Prime Minister Narendra Modi, in a special gesture to mark the first visit of an Indian PM to the Jewish nation.

ii. Israeli Crysanthumun flower will now be called “MODI”.

Important Takeaways from above News-

• Benjamin Netanyahu is the PM of Israel.
• The Capital of Israel is Jerusalem.
• Israeli new shekel is the Currency of Israel.

5. Govt launches e-bidding portal for domestic coal-based IPPs

i. The Ministry of Power launched a portal for optimum utilization of domestic coal by independent power producer (IPP). An official statement said this web portal would save the consumer close to Rs. 20,000 crore five years down the line.

ii. Acc. to Union Minister Piyush Goyal, with the help of this portal, Producers can reduce power costs by 10 paise per unit by rationalizing coal supply made possible through the e-bid portal.

Important Takeaways from above News-

• Piyush Goyal is the present Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines in the Government of India.

6. Unions to observe July 19 as ‘Save public sector banks’ day

i. The United Forum of Bank Unions has decided to observe July 19, the 48th anniversary of nationalization of major banks, as ‘Save public sector banks’ day.

ii. Members will wear a commemorative badge on the day, display posters in front of all branches, distribute leaflets and hold rallies/demonstrations at all centers across the country.

Important Takeaways from Above-

• The Government of India issued an ordinance and nationalized the 14 largest commercial banks with effect from the midnight of 19 July 1969.
• K.K.Nair is General Secretary of Indian National Bank Officers Congress.

7. Himachal Pradesh DGP Sanjay Kumar appointed new NDRF chief

i. Himachal Pradesh director general of police (DGP) Sanjay Kumar has been appointed as the new chief of the National Disaster Response Force (NDRF).

ii. The Union home ministry has approved the appointment of Mr. Kumar to the top NDRF post. The post of NDRF director general (DG) fell vacant after incumbent R K Pachnanda was appointed as the chief of the Indo-Tibetan Border Police (ITBP).

Important Takeaways from Above News- 

• NDRF was formed in 2006.
• It is headquartered in New Delhi.