Wednesday, 12 July 2017

New Pattern English


Directions (1-15): The following questions of sentence correction, a part of the sentence is given in bold.  Out of the given options, find out the grammatically correct statement that can replace the bold part in the given questions.

Q1. Retail sales rose 0.8 of 1 percent in August, intensifying expectations that personal spending in the July-September quarter more than doubled that of the 1.4 percent growth rate in personal spending for the previous quarter.
(a) that personal spending in the July-September quarter more than doubled that of
(b) that personal spending in the July-September quarter would more than double
(c) of personal spending in the July-September quarter, that it more than doubled
(d) of personal spending in the July-September quarter more than doubling that of
(e) of personal spending in the July-September quarter, that it would more than double that of

Q2. The commission has directed advertisers to restrict the use of the word “natural” to foods that do not contain color or flavor additives, chemical preservatives, or nothing that has been synthesized.
(a) or nothing that has been
(b) or that has been
(c) and nothing that is
(d) or anything that has been
(e) and anything

Q3. Plants are more efficient at acquiring carbon that are fungi, in the form of carbon dioxide, and converting it into energy-rich sugars.
(a) Plants are more efficient at acquiring carbon than are fungi,
(b) Plants are more efficient at acquiring carbon than fungi,
(c) Plants are more efficient than fungi at acquiring carbon,
(d) Plants, more efficient than fungi at acquiring carbon,
(e) Plants acquire carbon more efficiently than fungi,

Q4. The lroquois were primarily planters, but supplementing their cultivation of maize, squash, and beans with fishing and hunting.
(a) but supplementing
(b) and had supplemented
(c) and even though they supplemented
(d) although they supplemented
(e) but with supplementing

Q5. As contrasted with the honeybee, the yellow jacket can sting repeatedly without dying and carries a potent venom that can cause intense pain.
(a) As contrasted with the honeybee,
(b) In contrast to the honeybee’s,
(c) Unlike the sting of the honeybee,
(d) Unlike that of the honeybee,
(e) Unlike the honeybee,

Q6. Neuroscientists, having amassed a wealth of knowledge over the past twenty years about the brain and its development from birth to adulthood, are now drawing solid conclusions about how the human brain grows and how babies acquire language.
(a) Neuroscientists, having amassed a wealth of knowledge over the past twenty years about the brain and its development from birth to adulthood, are
(b) Neuroscientists, having amassed a wealth of knowledge about the brain and its development from birth to adulthood over the past twenty years, and are
(c) Neuroscientists amassing a wealth of knowledge about the brain and its development from birth to adulthood over the past twenty years, and are
(d) Neuroscientists have amassed a wealth of knowledge over the past twenty years about the brain and its development from birth to adulthood,
(e) Neuroscientists have amassed, over the past twenty years, a wealth of knowledge about the brain and its development from birth to adulthood,

Q7. None of the attempts to specify the causes of crime explains why most of the people exposed to the alleged causes do not commit crimes and, conversely, why so many of those not so exposed have.
(a) have
(b) has
(c) shall
(d) do
(e) could

Q8. In a previous designs, the weight of the discus used in track competition is concentrated in a metal center, but now it is lined with lead around the perimeter, thereby improving stability in flight and resulting in longer throws.
(a) In a previous design, the weight of the discus used in track competition is concentrated in a metal center, but now it is
(b) According to a previous design, the weight of the discus used in track competition was concentrated in a metal center, but not it is
(c) Once designed with its weight concentrated in a metal center, the discus used in track competition in now
(d) The discus used in track competition, once designed with its weight concentrated in a metal center, but now
(e) The discus used in track competition was once designed having its weight concentrated in a metal center and now

Q9. In virtually all types of tissue in every animal species, dioxin induces the production of enzymes that are the organism’s trying to metabolize, or render harmless, the chemical that is irritating it.
(a) trying to metabolize, or render harmless, the chemical that is irritating it
(b) trying that it metabolize, or render harmless, the chemical irritant
(c) attempt to try to metabolize, or render harmless, such a chemical irritant
(d) attempt to try and metabolize, or render harmless, the chemical irritating it
(e) attempt to metabolize, or render harmless, the chemical irritant

Q10. Based on accounts of various ancient writers, scholars have painted a sketchy picture of the activities of an all-female cult that, perhaps as early as the sixth century B.C., worshipped a goddess known in Latin as Bona Dea, “the good goddess.”
(a) Based on accounts of various ancient writers,
(b) Basing it on various ancient writers’ accounts,
(c) With accounts of various ancient writers used for a basis,
(d) By the accounts of various ancient writers they used,
(e) Using accounts of various ancient writers,

Q11. Emily Dickinson’s letters to Susan Huntington Dickinson were written over a period beginning a few years before Susan’s marriage to Emily’s brother and ending shortly before Emily’s death in 1886, outnumbering her letters to anyone else.
(a) Dickinson were written over a period beginning a few years before Susan’s marriage to Emily’s brother and ending shortly before Emily’s death in 1886, outnumbering
(b) Dickinson were written over a period that begins a few years before Susan’s marriage to Emily’s brother and ended shortly before Emily’s death in 1886, outnumber
(c) Dickinson, written over a period beginning a few years before Susan’s marriage to Emily’s brother and that ends shortly before Emily’s death in 1886 and outnumbering
(d) Dickson, which were written over a period beginning a few years before Susan’s marriage to Emily’s brother, ending shortly before Emily’s death in 1886, and outnumbering
(e) Dickinson, which were written over a period beginning a few years before Susan’s marriage to Emily’s brother and ending shortly before Emily’s death in 1886, outnumber

Q12. Paleontologists believe that fragments of a primate jawbone unearthed in Burma and estimated at 40 to 44 million years old provide evidence of a crucial step along the evolutionary path that led to human beings.
(a) at 40 to 44 million years old provide evidence of
(b) as being 40 to 44 million years old provides evidence of
(c) that it is 40 to 44 million years old provides evidence of what was
(d) to be 40 to 44 million years old provide evidence of
(e) as 40 to 44 million years old provides evidence of what was

Q13. Building on civilizations that preceded them in coastal Peru, the Mochica developed their own elaborate society, based on cultivating such crops like corn and beans, the harvesting of fish and shellfish, and exploiting other wild and domestic resources.
(a) based on cultivating such crops like corn and beans, the harvesting of fish and shellfish, and exploiting
(b) based on the cultivation of such crops as corn and beans, the harvesting of fish and seafood, and exploitation of
(c) and basing it on the cultivation of crops like corn and beans, harvesting fish and seafood, and the exploiting of
(d) and they based it on their cultivation of crops such as corn and beans, the harvest of fish and seafood, and exploiting
(e) and they based it on their cultivating such crops like corn and beans, their harvest of fish and shellfish, and they exploited

Q14. The end of the eighteenth century saw the emergence of prize-stock breeding, with individual bulls and cows receiving awards, fetching unprecedented prices, and excited enormous interest whenever they were put on show.
(a) excited
(b) it excited
(c) exciting
(d) would excite
(e) it had excited

Q15. For members of the seventeenth-century Ashanti nation in Africa, animal-hide shields with wooden frames were essential items of military equipment, a method to protect warriors against enemy arrows and spears.
(a) a method to protect
(b) as a method protecting
(c) protecting
(d) as a protection of
(e) to protect

Solutions 
S1. Ans.(b)
Sol. Verb form; Logical predication
The sentence explains the expectations that resulted from a past retail sales trend. Since expectations look to the future but are not yet realized, the relative clause explaining these expectations should be conditional, employing the auxiliary verb would.
(b) Correct. By using the verb ‘would’, this concise sentence indicates that the expectation has not yet been realized.

S2. Ans.(d)
Sol. Idiom; Logical predication
The use of ‘do not and nothing’ in the same sentence creates a double negative and reverse the intended meaning. Anything should be used instead of nothing. Logically, a “natural” food cannot contain any prohibited ingredient, so the list of prohibited ingredients must be connected by or.
(d) Correct. This sentence correctly avoids a double negative and uses parallel elements.

S3. Ans.(c)
Sol. Logical predication; Grammatical construction
This sentence compares how efficiently plants and fungi acquire carbon and convert it into sugars. The sentence construction needs to make clear that plants and fungi are the two topics being compared, and it must also clarify that in the form of carbon dioxide refers to carbon rather than to either plants or fungi.
(c) Correct. The sentence clearly compares plants to fungi, and in the form of carbon dioxide correctly modifies carbon.

S4. Ans.(d)
Sol. Grammatical construction; Verb form
The participle supplementing would normally be expected to modify the first clause, describing or extending its meaning, but the logic of this sentence demands a contrast, not an extension. Consequently, the second part of the sentence must be revised to emphasize the contrast properly. The logic of the sentence also argues against a construction that would set the two clauses and the importance of their content equal when they clearly should not be. The best solution is to have the main clause describe the primary activity, and a subordinate clause, although they supplemented, describe the supplementary activity.
(d) Correct. Using although creates a subordinate clause in this sentence and logically links that clause with the main clause; the simple past supplemented parallels the simple past were.

S5. Ans.(e)
Sol. Idiom; Logical predication
The intent of the sentence is to contrast the honeybee and the yellow jacket. Correct idioms for such a contrast include in contrast with x, y, in contrast to x, y; and unlike x, y. In all these idioms, x and y must be grammatically and logically parallel. As contrasted with is not a correct idiom.
(e) Correct. This sentence used a correct idiom, and the honeybee is properly parallel to the yellow jacket.

S6. Ans.(a)
Sol. Grammatical construction; Logical predication
This sentence introduces the subject (Neuroscientists), pauses to explain what neuroscientists have accomplished in the past twenty years, and then concludes by explaining what neuroscientists are presently doing as a result of their past accomplishments. The second part of the sentence – the explanation – interrupts the flow of the sentence from the subject (neuroscientists) to the predicate (are now drawing solid conclusions…); it should therefore be bracketed by commas. The sentence construction should provide a main verb for the subject neuroscientists.
(a) Correct. The explanatory phrase between the subject and predicate is set off by commas, and the main clause contains both a subject (Neuroscientists) and a corresponding verb (are now drawing).

S7. Ans.(d)
Sol. Grammatical construction; Parallelism
The sentence compares one group of people, most of the people exposed to the alleged causes, with another group of people, so many of those not so exposed. To maintain the comparison, the verb in the second part should match the verb in the first part. Since the first verb is do not commit, the second verb should be the parallel ‘do’. There is no need to repeat commit crimes since it is understood in this construction.
(d) Correct. This sentence correctly uses the verb ‘do’ to complete the comparison and maintain the parallelism with ‘do not commit’.

S8. Ans.(c)
Sol. Verb Form; Grammatical construction; Logical predication
The sentence requires two tenses – past tense to describe the previous design and present tense to describe the current design of the discus. In the sentence presented here, the grammatical subject is weight, not discus, so the pronoun it grammatically refers to weight, which makes no sense.
(c) Correct. The introductory phrase describes the past design of the discus with a past participle (designed) that modifies the subject of the main clause (the discus); the main verb ‘is lined’.0 is in present tense.

S9. Ans.(e)
Sol. Diction; Rhetorical construction
The–ing form of a verb can be used as a noun (e.g., running is her favorite sport), but it is often awkward, particularly when used with a possessive, as in this case. Substituting the noun attempt for the gerund trying eliminates the problem. While chemical that is irritating it and chemical irritating it are both grammatically correct the could be appropriate in some usages, they are excessively wordy for this context.
(e) Correct. In this sentence, the noun attempt replaces the gerund trying in this construction with organism’s.

S10. Ans.(e)
Sol. Logical predication; Rhetorical construction
The underlined phrase is a modifier; it functions as an adjective to describe the noun that immediately follows it. In this case, the phrase incorrectly modifies scholars, which does not make any sense. What are the scholars doing? When the modifier begins with using, it correctly links the scholars with the modifier that describes their activity.
(e) Correct. In this sentence, using accounts of various ancient writers correctly modifies scholars in a clear and concise expression of their activity.

S11. Ans.(e)
Sol. Parallelism; Grammatical construction
The main point of the sentence is that Dickinson’s letters to her sister-in-law outnumber her letters to anyone else. To emphasize this point, outnumber should be the main verb, and the description introduced by the passive verb were written needs to be changed from a main clause to an adjectival phrase.
(e) Correct. The information about the period when Dickinson’s letters were written is contained in an adjectival phrase set off by commas, and the main verb outnumber refers clearly to letters.

S12. Ans.(d)
Sol. Idiom; Agreement
The verb estimated should be followed by the infinitive to be, not the preposition at – unless the writer intends to indicate a location at which someone made the estimate. The jawbone fragments were estimated to be a certain age. The plural subject fragments requires the plural verb provide.
(d) Correct. In this sentence, the verb estimated is correctly followed by the infinitive to be.

S13. Ans.(b)
Sol. Diction; Parallelism
The sentence describes the elaborate society of the Mochica with a series of three features, the first of which contains an example. The three features must be presented in parallel structures – e.g., cultivating, harvesting, and exploiting. The use of such to introduce the examples of crops requires that the comparison be completed with as instead of like.
(b) Correct. The three items in the series are in parallel form, and such crops is correctly followed by as.

S14. Ans.(c)
Sol. Parallelism
The bulls and cows are described in a series of participial phrases. Items in a series should be parallel: receiving awards is parallel to fetching unprecedented prices, but excited must be changed to exciting to make the third phrase, exciting enormous interest, parallel to the first two.
(c) Correct. In this sentence, exciting is parallel to receiving and fetching.

S15. Ans.(c)
Sol. Logical predication; Rhetorical construction
The underlined part of the sentence begins a phrase describing items of military equipment. It is awkward and inaccurate to describe items themselves as a method. Replacing the underlined phrase with the participle protecting creates a modifying phrase that clearly explains the purpose of the items of military equipment.
(c) Correct. In this sentence, protecting properly introduces a modifying phrase revealing the purpose of the items.

Banking Awareness


Q1. ____________, who represents the interests of the insured in searching for insurance coverage at the lowest cost and highest benefit to the insured. 
(a) Cashier
(b) Broker
(c) Agent
(d) Customer
(e) Banker
S1. Ans.(b)
Sol. Broker, who represents the interests of the insured in searching for insurance coverage at the lowest cost and highest benefit to the insured. The broker may also be an agent of the insurer for purposes of policy collection and delivery of the policy. 

Q2. In which among the following year National Insurance Company Limited (NICL) was incorporated?
(a) 1956
(b) 1949
(c) 1934
(d) 1919
(e) 1906
S2. Ans.(e)
Sol. National Insurance Company Limited (NICL) was incorporated in the year 1906. After nationalization it was merged, along with 21 foreign and 11 Indian companies, to form National Insurance Company Ltd.
Q3. Agriculture Insurance Company Of India Limited’ (AIC) was incorporated to exclusively cater to the insurance needs of the persons engaged in agriculture and allied activities in India under- 
(a) Companies Act, 1956 
(b) IRDA Act, 1999
(c) Reserve Bank of India Act, 1934
(d) SEBI Act, 1992
(e) None of the given options is true
S3. Ans.(a)
Sol. Agriculture Insurance Company Of India Limited (AIC) was incorporated to exclusively cater to the insurance needs of the persons engaged in agriculture and allied activities in India under the Companies Act, 1956 on 20th December 2002.
Q4. The written insurance contract that may include all clauses, riders and endorsements. It is called?
(a) Liabilities
(b) Premium
(c) Installment
(d) Policy
(e) Assets
S4. Ans.(d)
Sol. Policy is the written insurance contract that may include all clauses, riders and endorsements.
Q5. UHIS has launched by the Government of India is already in existence for persons and families below the poverty line with the element of subsidy from the Government. UHIS stands for-
(a) Universal Health Insurance System
(b) Universal Health Insurance Service
(c) Universal Health Insurance Scheme
(d) Universal Health Insurance Solutions
(e) Universal Health Insurance Scenario
S5. Ans.(c)
Sol. The Universal Health Insurance Scheme (UHIS) has launched by the Government of India is already in existence for persons and families below the poverty line with element of subsidy from the Government. In addition, the Rashtriya Swasthya Bima Yojana (RSBY) was also rolled out from by the Government to provide the health insurance coverage for Below Poverty Line (BPL) families.
Q6. Agriculture Insurance Company of India Limited (AIC) was incorporated in which year?
(a) 20th December 1999
(b) 20th December 2007
(c) 20th December 1992
(d) 20th December 2004
(e) 20th December 2002
S6. Ans.(e)
Sol. Agriculture Insurance Company Of India Limited (AIC) was incorporated to exclusively cater to the insurance needs of the persons engaged in agriculture and allied activities in India under the Companies Act, 1956 on 20th December 2002.
Q7. IBAI was incorporated as a Company under Section 25 of the Companies Act, 1956. What is the meaning of "B" in IBAI?
(a) Basel
(b) Broadcasting
(c) Board
(d) Brokers
(e) Banking
S7. Ans.(d)
Sol. Insurance Brokers Association of India (IBAI) was incorporated as a Company under Section 25 of the Companies Act, 1956.
Q8. Where is the head office of Agriculture Insurance Company of India Limited (AIC)?
(a) Hyderabad
(b) Mumbai
(c) New Delhi
(d) Kolkata
(e) Chennai
S8. Ans.(c)
Sol. The head office of Agriculture Insurance Company of India Limited (AIC) is in New Delhi.
Q9. Nippon Life Insurance has signed definitive agreements to invest Rs 2,265 crore (US$ 332.32 million) in order to increase its stake in Reliance Life Insurance from 26 per cent to 49 per cent. Nippon Life Insurance based in-
(a) Germany
(b) Japan
(c) Canada
(d) USA
(e) France
S9. Ans.(b)
Sol. Nippon Life Insurance, Japan’s second largest life insurance company, has signed definitive agreements to invest Rs 2,265 crore (US$ 332.32 million) in order to increase its stake in Reliance Life Insurance from 26 per cent to 49 per cent.

Q10. ___________ insurance gives protection to the vehicle owner against damages to his/her vehicle and pays for any Third Party Liability determined as per law against the owner of the vehicle. 
(a) Motor Insurance
(b) Travel Insurance
(c) Group Insurance
(d) Life Insurance
(e) Health Insurance
S10. Ans.(a)
Sol. Motor insurance gives protection to the vehicle owner against (i) damages to his/her vehicle and (ii) pays for any Third Party Liability determined as per law against the owner of the vehicle.  Third Party Insurance is a statutory requirement. The owner of the vehicle is legally liable for any injury or damage to third party life or property caused by or arising out of the use of the vehicle in a public place. Driving a motor vehicle without insurance in a public place is a punishable offence in terms of the Motor Vehicles Act, 1988.
Q11. Which among the following companies has not contributed towards the share capital of Agriculture Insurance Company of India Limited (AIC)? 
(a) Insurance Regulatory and Development Authority of India (IRDAI)
(b) General Insurance Corporation of India (GIC)
(c) National Bank for Agriculture and Rural Development (NABARD)
(d) Oriental Insurance Company Limited (OICL)
(e) National Insurance Company Limited (NICL)
S11. Ans.(a)
Sol. Promoters (Share Holding) of Agriculture Insurance Company of India Limited (AIC) is given below:-
General Insurance Corporation of India - 35 %
National Bank for Agriculture And Rural Development (NABARD) - 30 %
National Insurance Company Limited - 8.75 %
The New India Assurance Company Limited - 8.75 %
The Oriental Insurance Company Limited - 8.75 %
United India Insurance Company Limited - 8.75 %

Q12. Where is the head office of National Insurance Company Limited (NICL)?
(a) Hyderabad
(b) Kolkata
(c) New Delhi
(d) Mumbai
(e) Chennai
S12. Ans.(b)
Sol. The Head Office of National Insurance Company Limited (NICL) is in Kolkata.
Q13. What is the authorised capital of National Insurance Company Limited (NICL)?
(a) Rs.1500 crore 
(b) Rs.100 crore 
(c) Rs.200 crore
(d) Rs.500 crore 
(e) Rs.1000 crore
S13. Ans.(c)
Sol. The authorized capital and paid-up equity capital of the National Insurance Company Limited (NICL) is Rs.200 crore and Rs.100 crore respectively.
Q14. IRDAI has allowed insurers to invest up to ___________ in Additional Tier 1 (AT1) bonds, that are issued by banks to augment their tier 1 capital, in order to expand the pool of eligible investors for the banks.
(a) 25 per cent 
(b) 30 per cent 
(c) 20 per cent 
(d) 10 per cent
(e) 15 per cent
S14. Ans.(d)
Sol. IRDAI has allowed insurers to invest up to 10 per cent in additional tier 1 (AT1) bonds, that are issued by banks to augment their tier 1 capital, in order to expand the pool of eligible investors for the banks.

Q15. Who is the present Chairman of IRDAI?
(a) Harsh Kumar Bhanwala
(b) Kshatrapati Shivaji
(c) Urjit Patel
(d) Ajay Tyagi
(e) T S Vijayan
S15. Ans.(e)
Sol. Mr. T S Vijayan took charge as Chairman of Insurance Regulatory & Development Authority of India in February 2013. Since then Mr. Vijayan has been playing a key role in various initiatives for enhancing insurance awareness and making insurance affordable to all sections of population. He has also taken various measures for optimum utilization of technology in the insurance space.

QUIZ-12


Q1. Who has been assumed charge as Managing Director & CEO of Union Bank of India?
(a) Melwyn Rego
(b) Rajkiran Rai G
(c) Rakesh Sethi
(d) Sunil Mehta
(e) None of the given options is true

S1. Ans.(b)
Sol. Rajkiran Rai G has been assumed charge as Managing Director & CEO of Union Bank of India. Prior to his elevation as MD & CEO of Union Bank of India, Rai was Executive Director of Oriental Bank of Commerce. 

Q2. Which among the following countries has lifted their maiden Confederation Cup Football title?
(a) USA
(b) France
(c) Argentina
(d) Canada
(e) Germany
S2. Ans.(e)
Sol. Germany have lifted their maiden Confederation Cup Football title. In the final played at St Petersburg, the four-time World Cup winners defeated Chile by a solitary goal. Lars Stindl put Germany ahead in the first half against the run of play, and Germany then held on to the lead.
Q3. Which state has sets record with plantation of 6 crores saplings in the day?
(a) Assam
(b) Gujarat
(c) Madhya Pradesh
(d) West Bengal
(e) Uttarakhand
S3. Ans.(c)
Sol. In Madhya Pradesh, a massive plantation campaign was undertaken to save the environment and conservation of the Narmada river. According to official sources over six crores, saplings were planted in 24 districts of Narmada basin in just 12 hours.
Q4. Which among the following University has announced exemption of fees for its transgender students of all programmes? 
(a) Indira Gandhi National Open University (IGNOU)
(b) Aligarh Muslim University (AMU)
(c) Jawaharlal Nehru University (JNU)
(d) University of Delhi (DU)
(e) Jamia Millia Islamia University (JMIU)
S4. Ans.(a)
Sol. The Indira Gandhi National Open University (IGNOU) has announced exemption of fees for its transgender students of all programmes. Vice Chancellor Ravindra Kumar announced the initiative during the 22nd Prof G Ram Reddy Lecture.
Q5. FINO Payments Bank has commenced operations as a payments bank with effect from 30th June 2017 according to the Reserve Bank of India. FINO Payments Bank based in-
(a) Varanasi
(b) Chennai
(c) Bengaluru
(d) Mumbai
(e) Jaipur
S5. Ans.(d)
Sol. FINO Payments Bank has commenced operations as a payments bank with effect from 30th June 2017 according to the Reserve Bank of India. FINO PayTech Ltd, Mumbai, was one of the 11 applicants which were issued the in-principle approval for setting up a payments bank.
Q6. Who has became Serbia's first female prime minister and the first openly gay premier in the Balkans, where homophobia remains widespread?
(a) Mohammed bin Salman
(b) Vladimir Ivanovich Voronkov 
(c) Klaus Iohannis
(d) Theresa May
(e) Ana Brnabic
S6. Ans.(e)
Sol. The Serbian parliament voted in Ana Brnabic, an openly gay woman, as the country's prime minister in a landmark move for the patriarchal conservative country and the entire Balkans region. The 41-year old Brnabic and her cabinet were backed by 157 MPs in the 250-seat parliament after being proposed by President Aleksandar Vucic.

Q7. Union Minister of State for Skill Development and Entrepreneurship Rajeev Pratap Rudy and MP Chief Minister Shivraj Singh Chouhan has laid the foundation stone of the country’s biggest Global Skill Park in ___________.
(a) Ujjain
(b) Gwalior
(c) Indore 
(d) Bhopal
(e) Jabalpur
S7. Ans.(d)
Sol. Union Minister of State for Skill Development and Entrepreneurship Rajeev Pratap Rudy and MP Chief Minister Shivraj Singh Chouhan has laid the foundation stone of the country’s biggest Global Skill Park in Bhopal. The 37-acre land has been allotted in Narela Shankari area of Bhopal for the Global Skill Park. The park will be constructed at a cost of 645 crore rupees. Training will be imparted to 1000 students every year by trainers of international standard. The park will function on the spirit of ‘With Industry -For Industry’.

Q8. The Prime Minister Narendra Modi has released a photo book titled "President Pranab Mukherjee ________ at an event in Rashtrapati Bhawan.
(a) A Gentleman
(b) A Warrior
(c) A Statesman
(d) A Veteran
(e) None of the given options is true
S8. Ans.(c)
Sol. The Prime Minister Narendra Modi has released a photo book titled "President Pranab Mukherjee - A Statesman", at an event in Rashtrapati Bhawan. He presented the first copy of the book to the President.
Q9. Where is the capital of Serbia?
(a) Juba
(b) Belgrade
(c) Kampala
(d) Jakarta
(e) Nairobi
S9. Ans.(b)
Sol. Belgrade is the capital city of Serbia.
Q10. The payments bank will be registered as a public limited company under the Companies Act, 2013 and licensed under Section _____ of the Banking Regulation Act, 1949.
(a) section 22
(b) section 56
(c) section 47
(d) section 34
(e) section 27

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.

Tuesday, 11 July 2017

Daily GK Update 11th July 2017


1. World Population Day: 11 July

i. World Population Day is being observed globally on 11th July.
ii. The theme of this year is 'Family Planning- Empowering People, Developing Nations'.

Important Takeaways from Above News-
  • World Population Day was established by the then-Governing Council of the United Nations Development Programme in 1989.
  • Antonio Guterres is the Secretary-General of United Nations.

2. Khaltmaa Battulga elected as Mongolian president

i. Mongolian Businessman and Martial Arts expert Khaltmaa Battulga was sworn in as president, vowing to revive the flagging economy and pursue relations with countries outside its giant neighbors Russia and China. 
ii. Battulga replaces Tsakhia Elbegdorj after the outgoing president served the maximum four-year terms for two times. 

Important Takeaways from Above News-
  • Ulaanbaatar is the capital of Mongolia.
  • The Currency of Mongolia is Mongolian togrog.

3. MoHUA is the new name for urban development & housing ministry

i. The government has merged the urban development and housing and urban poverty alleviation ministries. Now this will be known as Ministry of Housing and Urban Affairs (MoHUA). This is the third time the ministries have been merged.
ii. Venkaiah Naidu heads the ministries of urban development, and housing and urban poverty alleviation.

Important Takeaways from Above News-
  • Ministry of Works & Housing was changed to Ministry of Urban Development in September 1985.

4. Government to organize global food fair in November 2017 to boost food sector

i. The government of India will organize a global food fair in November this year to provide a platform to Indian farmers and manufacturers to showcase their products and explore partnerships with foreign companies.
ii. The three-day international level fair 'World Food India 2017' is being organized on November 3-5 by the Food Processing Ministry, where industry body CII will be an event partner.
iii. The World Food India is a step aimed at creating India a 'Global Food Factory' and 'Global Food Retail Market'.

Important Takeaways from Above News-
  • Harsimrat Kaur Badal is the Food Processing Minister.

5. Finance Ministry launched next gold bond tranche

i. The next tranche of sovereign gold bond (SGB) scheme was launched recently by the Government. This time, providing a 2.5 percent annual interest to investors.
ii. The bonds will be available in banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognized stock exchanges namely National Stock Exchange of India Limited(NSE) and Bombay Stock Exchange(BSE).
iii. Finance Ministry has announced the sixth tranche of gold bonds applications for which will be accepted from July 10 to July 14, 2017, according to the finance ministry. The bonds will be issued to eligible applicants on July 28.
iv. The minimum investment will be 1 gram of gold. The maximum limit can be subscribed up to 500 grams per person per fiscal year.

Important Takeaways from Above News-
  • Shri Arun Jaitley is the present Finance Minister of India.

6. RBI amends order on bankruptcy action on 12 large NPAs

i. The Reserve Bank of India (RBI) has amended its earlier order asking banks to initiate bankruptcy proceedings against 12 companies which have outstanding loans amounting to over Rs 5,000 crore as on March 2016.
ii. The amendment, made through a notification, comes after the Gujarat High Court asked the RBI to remove the stipulation on its order last month that the 12 non-performing assets (NPAs), or bad loans, would be granted priority at the National Company Law Tribunal. 
iii. Essar Steel, one of the 12 large NPAs identified by the RBI, had approached the Gujarat High Court for the RBI proceedings. 

Important Takeaways from Above News-
  • RBI Headquarters in Mumbai.
  • The 24th Governor of RBI is Dr. Urjit Patel.

7. Finance Minister Arun Jaitley Launches 'Aaykar Setu' To Enhance E-Access Of Taxpayers

i. Finance Minister Arun Jaitley launched 'Aaykar Setu', an e-initiative for the Income tax Department to directly communicate with the taxpayers and aimed at providing information on useful tax services.
ii. To enhance mobile access experience, a mobile responsive Android version was also released along with the desktop version.

Important Takeaways from Above News-
  • The Finance Minister of India Shri Arun Jaitley is the head of GST council. 

8. Mother Teresa’s Blue-Bordered Sari declared an Intellectual Property

i. The famous blue-bordered sari of Mother Teresa, who has been canonized as Saint Teresa of Calcutta by the Vatican, has been recognized as an Intellectual Property of the Missionaries of Charity.
ii. This is the first time that a uniform has been made the intellectual property. It has obtained “distinctive symbolic identity” of the Missionaries of Charity.
Important Takeaways from Above News-
  • Mother Teresa was born on 26 August 1910 into a Kosovar Albanian family.
  • She died at the age of 87 on 5th September 1997 at Calcutta, West Bengal.

9. Ministry of Health signs MoU with Government of West Bengal to set up Centre of Excellence in Transfusion Medicine

i. Ministry of Health and Family Welfare signed an MoU with the Government of West Bengal to formalize its support to set up a state-of-the-art Centre of Excellence in Transfusion Medicine at Kolkata.
ii. The Centre of Excellence in Transfusion Medicine will be set up in Kolkata. The initiative helps in strengthening the blood transfusion services in the State and the surrounding region. The government of India has approved this important initiative with an outlay of approximately Rs.200 Crores towards equipment, manpower and running costs.
Important Takeaways from Above News-
  • Shri Keshari Nath Tripathi is the Governor of West Bengal.
  • Smt. Mamta Banerjee is the CM of West Bengal.

10. P V Sindhu bags ‘Sportsperson of the Year’ award

i. Rio Olympics silver medallist P V Sindhu was bestowed with the 'Sportsperson of the Year' award during the ‘Maruti Suzuki Sportsperson of the Year’ Charity Gala Awards.
ii. Sindhu’s coach P Gopichand received the Coach of the Year award while the Flying Sikh Milkha Singh was given the Living Legend of the Year award.
iii. Young India cricketer K L Rahul, who made a mark in the last Test series against Australia, was awarded Gamechanger of the Year award.
iv. The 2008 Beijing Olympics gold medallist and the country’s sole gold medal winner in individual events at Olympics, Abhinav Bindra was given the Lifetime Achievement Award.

Important Takeaways from Above News-
  • Deepa Malik was given Inspirational athlete of the year award.
  • Gaurav Gill was given Athlete of the year award.

11. Leslie Thng to take over as new CEO of Vistara

i. The board of TATA SIA Airlines Ltd, which owns and operates the full-service airline Vistara, has appointed former SilkAir head Leslie Thng as Vistara’s new chief executive officer (CEO), effective from October 2017.

Important Takeaways from Above News-
  • Leslie Thng will succeed Vistara’s incumbent CEO Phee Teik Yeoh.
  • Vistara, a joint venture between Tata Sons and Singapore Airlines, commenced operations on 9 January 2015.