Daily GK Update 02nd August 2017

1. Monetary Policy: RBI cuts policy rate by 25 basis points to 6%

i. Monetary Policy Committee (MPC), headed by Urjit Patel, decided to reduce the Policy Repo Rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.25 per cent to 6.0 per cent with immediate effect.

ii. Consequently, the reverse repo rate under the LAF stands adjusted to 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate to 6.25 per cent.

Important Takeaways from Above News-

• Dr. Urjit Patel is the 24th Governor of RBI.
• RBI is headquartered in Mumbai.

2. Airtel Payment Bank ties up with HPCL for ATM services

i. Airtel Payments Bank, India’s first payments bank has announced a strategic partnership with Hindustan Petroleum Corporation Limited (HPCL) to give further boost to digital payments in the country and to add to customer convenience.

ii. All 14,000 HPCL fuel stations will act as banking points for Airtel Payments Bank. All Airtel Payments Bank customers would be able to access a range of convenient banking services at these fuel stations like opening new accounts, make cash deposits and withdrawals facility, and transfer money.

Important Takeaways from Above News-

• Shashi Arora is the present MD and CEO of Airtel Payment Bank.
• First Airtel Payment Bank was opened in Rajasthan.

3. World breastfeeding week – August 1-7, 2017

i. World breastfeeding week 2017 is being celebrated from 1st to 7th August 2017 with the theme “Sustaining Breastfeeding Together”.

ii. It was first celebrated in 1992 by World Alliance for Breastfeeding  World Breastfeeding WeekAction (WABA) and is now observed in over 120 countries by United Nations Children’s Fund (UNICEF), World Health Organization (WHO) and their partners including individuals, organizations, and governments.

Important Takeaways from Above News-

• Headquarter of UNICEF is in New York, United States.

4. China opens its first overseas Military base in Djibouti

i. China formally opened its first overseas military base with a flag raising ceremony in Djibouti in the Horn of Africa, the same day as the People's Liberation Army marks its 90th birthday.

ii. Djibouti's position on the northwestern edge of the Indian Ocean has fueled worry in India that it would become another of China's "string of pearls" military alliances and assets ringing India, including Bangladesh, Myanmar, and Sri Lanka.

Important Takeaways from Above News-

• Djiboutian franc is the currency of Djibouti.

5. PM Modi announces Rs2,350-crore flood relief for North-East

i. Prime Minister Narendra Modi announced a package of Rs2,350 crore for all North-East states for mitigating the impact of floods on short- and long-term basis.

ii. In addition to that, the Prime Minister has announced a Rs100 crore corpus for setting up a research project to study the Brahmaputra and its role in creating devastating flood. Out of the Rs 2350 crore announced by the PM, Rs 1200 crore will be given by the Union.

Important Takeaways from Above News-

• The Seven Sister States are the contiguous states of Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland, and Tripura in northeastern India.

6. Supreme Court bans use of Five Metals in Firecrackers

i. The Supreme Court of India imposed a ban on the use of five harmful metals viz lithium, mercury, arsenic, antimony, and lead in firecrackers. The bench was headed by Justice Madan B Lokur.

ii. The Supreme Court maintained that it is the responsibility of the Petroleum and Explosives Safety Organisation (PESO) to ensure compliance of ban particularly in Sivakasi in Tamil Nadu where there are a large number of firecracker manufacturers.

iii. The court asked CPCB (Central Pollution Control Board) and PESO to make collaborative efforts for setting up standards with regards to air pollution caused by the bursting of fire crackers.

Important Takeaways from Above News-

• PESO is a department that controls and administers manufacture, storage, transport and handling of explosives, petroleum, compressed gasses and other hazardous substances in India.
• It is headquartered at Nagpur, Maharashtra.

7. SBI debit cards now on Samsung Pay app

i. Smartphone-maker Samsung, which recently launched its digital wallet app Samsung Pay in India, has tied up with State Bank of India to store higher variants of SBI debit cards on the app.

ii. This collaboration turns the Samsung smartphones into electronic card-holders and users can pay at point-of-sale (PoS) terminals with just a tap on the cards stored in Samsung Pay. Samsung Pay works on 2.5 million PoS card machines across the country through its magnetic secure transmission (MST) technology.

Important Takeaways from Above News-

• Samsung Electronics Co. Ltd. is Headquartered in South Korea.
• Lee Kun-hee is the Chairman of the Samsung Group.

8. Dhrupad maestro Ustad Hussain Sayeeduddin Dagar passes away

i. Ustad Hussain Sayeeduddin Dagar, a classical vocalist and one of the leading exponents of Dhrupad tradition, passed away following a brief illness in Pune. He was 78.

ii. Dhrupad is a Sanskrit blend of Dhruva (immovable) and Pad (verse). It has its roots in ancient times, it was first mentioned in 3rd Century B.C. in the Natyashastra.

QUIZ-02

Q1. What is the theme of International Day against Drug Abuse and Illicit Trafficking 2017?
Answer: Listen First-Listening to children and youth is the first step to help them grow healthy and safe

Q2. Which Cricket team became the team to score the most 300-plus totals in One Day International (ODI) Cricket?
Answer: Indian

Q3. Name the Haryana Girl who is the winner of the Femina Miss India World 2017.
Answer: Manushi Chhillar

Q4. It was the ___________ edition of the Femina Miss India World.
Answer: 54th

Q5. Name the Indian Girl who has become Miss World in bodybuilding championship held recently in Venice, Italy.
Answer: Bhumika Sharma

Q6. IIC is one of the premiar cultural institutions in India. IIC Stands for ________________.
Answer: India International Centre

Q7. The World Bank has cleared a ______________ loan for making Indian youth more employable through reskilling, in a move that is seen to aid the Skill India Mission.
Answer: USD 250-million

Q8. According to the Bloomberg Intelligence index of airline stocks, which Airlines is world’s top airline stock in 2017?
Answer: SpiceJet

Q9. Which Indian Movie has become the first Indian movie to earn Rs2,000 crore worldwide?
Answer: Dangal

Q10. Who is the Union Minister of Civil Aviation?
Answer: Ashok Gajapati Raju

Q11. ADB is headquartered in ____________.
Answer: Philippines

Q12. The Indian shooting squad has finished a creditable second at the ISSF Junior World Championship. The Championship was held in _________________.
Answer: Suhl, Germany

Q13. Name the Bollywood Personality who has been appointed as the ambassador for government’s flagship Skill India campaign, with the National Skill Development Corporation.
Answer: Priyanka Chopra

Q14. MSME Ministry has launched the Digital MSME Scheme and also exchanged three MoUs with SAP India, Intel and HMT. The United Nations has recently declared __________ as the UN Day for MSMEs.
Answer: 27th June

Q15. Who is the present Minister of Micro, Small and Medium Enterprises (MSME)?
Answer: Kalraj Mishra

REASONING : QUIZ (SYLLOGISM)

REASONING : QUIZ (SYLLOGISM)

In each of the questions/set of questions below are given two statements followed by two 

conclusions numbered I and II. You have to assume everything in the statements to be true even i f they-

 seem to be at variance from commonly known facts and then decide which of the two given conclusions-

 logically follows from the information given in the statement. Give answer

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

1. Statements:

 All rings are circles.

All squares are rings.

No ellipse is a circle.

Conclusions:

 I. Some rings being ellipses is a

possibility.

II. At least some circles are squares.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

2. Statements:

 No house is an apartment.

Some bungalows are apartments.

Conclusions:

 I. No house is a bungalow.

II. All bungalows are houses.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

3. Statements:

 Some gases are liquids.

All liquids are water.

Conclusions:

 I. All gases being water is a possibility.

II. All such gases which are not water can

never be liquids.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

4. Statements:

 All minutes are seconds.

All seconds are hours.

No second is a day.

Conclusions: 

I. No day is an hour.

II. At least some hours are minutes.

(5-6): Statements: 

Some teachers are professors.

Some lecturers are teachers.

5. Conclusions:

 I. All teachers as well as professors being

lecturers is a possibility.

II. All those teachers who are lecturers are

also professors.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

6. Conclusions: 

I. No professor is a lecturer.

II. All lecturers being professors is a

possibility.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

7. Statements:

 Some squares are circles.

Some circles are rectangles.

Conclusions:

 I. At least some rectangles are squares.

II. No rectangle is a square.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

8. Statements:

 No office is a palace.

All colleges are palaces.

Conclusions:

 I. All palaces are colleges.

II. No college is an office.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

9. Statements:

 All mountains are rivers.

All rivers are lakes.

Conclusions: 

I. All mountains are lakes.

II. At least some lakes are rivers.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

10. Statements:

 Some wins are losses.

All trophies are losses.

Conclusions:

 I. All trophies are wins.

II. All losses are trophies.

1) if only conclusion I follows.

2) if only conclusion II follows.

3) if either conclusion I or conclusion II follows.

4) if neither conelusion I nor conclusion II follows.

5) if both conclusions I and II follow.

ANSWER KEY :  1- ( 2),2- ( 4), 3-  ( 5), 4- ( 2),5- (1),6- ( 2), 7-  ( 3),8- ( 2),9- (5),10- (4)

Reasoning Quiz

Reasoning Quiz

DIRECTIONS (1-5): Study the following information carefully and answer the questions given below:

Sujat,  Pradeep, Warran, Bishop, and Chetan are five players of the College Cricket Team and their home towns are Surat, Pune, Mumbai, Delhi, 

and Chandigarh but not in that order. The five specialist  slots of spinner, pace bowler, wicket keeper, 
batsman and captain are held by them, again not in the order of their names stated above. Their names, 
home towns and specialities do not start with the same letter. Neither Pradeep nor Warran is the captain and they do not belong to either Surat or Delhi. 

Sujat is neither a wicket keeper nor a batsman. Pune is not Bishop hometown. The player who hails from Delhi is a wicket-keeper. 

The captain’s home town is Pune while the batsman does not hail from Mumbai.

1. The Spinner’s home town is

(1) Chandigarh

(2) Delhi

(3) Mumbai

(4) Pune

(5) None of these

2. Chandigarh is the home town of:

(1) Sujat

(2) Bishop

(3) Warran

(4) Pradeep

(5) Can’t Say

3. Who is the pace-bowler?

(1) Chetan

(2) Warran

(3) Sujat

(4) Bishop

(5) None of these

4. Who is the spinner?

(1) Pradeep

(2) Chetan

(3) Bishop

(4) Warran

(5) Can’t Say

5. Chetan’s  home town is 

(1) Pune

(2) Surat

(3) Mumbai

(4) Delhi       

(5) None of these

DIRECTIONS (6-10) : In each of the following questions two  statements are given and these statements are followed by two conclusions numbered (I) and (II). 

You have to take the given two statements to be true even if they seem to be at variance from commonly known facts.

 Read the conclusions and then decide which of the given conclusions logically follows from the two given statements, 
disregarding commonly known facts. Give answer:

(1) If only Conclusion I is true. 

(2) If only Conclusion II is true. 

(3) If either Conclusion I or II is true. 

(4) If neither Conclusion I nor II is true. 

(5) If both Conclusions I and II are true.

6.Statements:  

All bank are river. 

All rocks are river.

Conclusions: 

I. Some river are rock.

II. Some river are bank.

7.Statements:  

All plane are line.  

Some plane are point.

Conclusions: 

I. Some line are point. 

II. All point are line.

8. Statements:  

Some doors are window. 

Some window are house.

Conclusions: 

I. Some houses are not doors.

II. All house are doors.

9.Statements:   

Some girls are nice. 

No nice is beautiful.

Conclusions: 

I. Some girls are not beautiful.

II. All girls are beautiful.

10. Statements: 

No bike are tyre.  

Some tyre are car.

Conclusions: 

I. Some bike are car. 

II. All bikes are cars.

ANSWERS

Person	Sujat	Pradeep	Warran	Bishop	Chetan
Specialist	Captain	Spinner	Batsman	Pace Bowler	Wicket-Keeper
Home Town	Pune	Mumbai	Chandigarh	Surat	Delhi

1. (3)

2. (3)

3. (4)

4. (1)

5. (4)

6. (5)

7. (1)

8. (3)

9. (1)

10. (4)

Quant Quiz

Quant Quiz

Dear Readers,
We are providing you the quant quiz based on the patterns observed during the last weekend when SBI Prelims kicked off. 

The average time to the questions are 8-10 mins.


Directions (Q. 1 – 5): What value should come in place of question mark (?) in the following questions? 
1.  ∛(13824 )+ √1849= ∛9261+ √(?) 
A) 1256
B) 1936
C) 2116
D) 2456
E) 2216

2. (0.8) ÷ (0.2)^2  × (0.6)^2= (2.4)^2  × ?
A) 1. 8
B) 1.4
C) 1. 25
D) 1. 6
E) 2. 6

3. 7654.32 + 8962.81 +  3432.12 – 512.32 + 212.82 + 316. 84
A) 20056.49
B) 20046.79
C) 20065.49
D) 20066.59
E) 20062.59

4. 812 + 912 + 516 + 241 + 346 + 329 = 12 * ?
A) 263
B) 265
C) 326
D) 363
E) 236

5. ∜(1296 )+ ∜(2401 )+ ∜(6561 ) - ∜(256 )= ?
A) 14
B) 18
C) 22
D) 16
E) 15

Directions(6-10):What approximate value should come in place of question mark(?)

 in the following questions?(You are not expected to calculate the exact value)
6. 5.5 % of 225 + 7.5% of 625 – 18.6% of 182 = ?
A) 16
B) 14
C) 19
D) 25
E) 18

7. √2.25+√6.76+ √9.61+ √10.89-√23.04  
A) 4
B) 8
C) 7
D) 3
E) 5

8. 2.26 + 3.86 + 2.96 + 5.89 +? = 4.4 ÷1.1 ×5.89
A)-7
B) 8
C) 7
D) 9
E) 10

9. (5.96)^2 + (7.89)^2+ (2.9)^2+ (3.1)^2= (2.42)^2+ (2.68)^2+ ? 
A) 105
B) 108
C) 107
D) 106
E) 110

10. (9.1 * 5.7 * 6.72 * 9.5) – (1.9 * 2.1 * 3 * 1.7) = ?
A) 3372
B) 3378
C) 3568
D) 3328
E)3358

Directions(11-13): What value should come in place of question mark (?)

 in the following number series?

11. 2  3  7  25  121 ?
A) 721
B) 621
C) 490
D) 421
E) 369

12. 2401 2601 2809 3025 3249 ?
A) 3721
B) 3969
C) 3844
D) 3364
E) 3481

13. 20  30  42  56  72 ?
A) 90
B) 92
C) 88
D) 86
E) 94

14. Twelve years ago A was half of B’s age. If the ratio of their present ages is 3 :5, 

what will be the sum of their present age?
A) 76 years
B) 46 years
C) 106 years
D) 96 years
E) None of these

15. 15% more is gained by selling a cow for Rs. 10105 than by selling it for Rs. 10000.

 Find the cost price of the cow.
A) Rs. 700
B) Rs. 1000
C) Rs. 800
D) Rs. 1080
E) None of these


ANSWER

1. C
2. C
3. D
4. A
5. B
6. D
7. E
8.  D
9.  A
10. C
11. A
12. E
13. A
14. D
15. A

Quant Quiz

Quant Quiz

1.  2^2014 - 2^2013 = ?

A) 2

B) 2^ 2014

C) 2^2013

D) 2^ 2000

E) None of these

2. Which number should come next in this series?

25,24,22,19,15

A)  4

B)  5

C)  10

D) 15

E) None of these.

3.  Which number should come next in this series?

3,5,8,13,21,

A) 25

B) 34

C) 35

D) 40

E) 45

4. A basket contains 15 apples and 10 oranges out of which 4 apples and 2 oranges are defective. 

If a person takes two fruits at random, what is the probability that either both are apples or both are good?

A) 221/300

B) 1/2

C) 221/ 413

D) 23/ 300

E) None of these.

5.  A bag contains 4 blue, 5 white and 6 green balls. Two balls are drawn at random. 

What is the probability that one ball is white?

A) 10/21

B) 13/25

C) 26/59

D) 49/59

E) None Of these.

6. A and B started a partnership business investing Rs. 20,000 and Rs. 15,000 respectively. C joined them with Rs. 20,000 After six months.

Calculate B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

A) 8000

B) 7500

C) 7600

D) 8500

E) None of these.

For Q(7-9) Find the odd one Out.

7.  1, 3, 9, 13, 19, 29

A) 9

B) 13

C)  19

D) 29

E) None of these.

8. 1, 8, 27, 64, 125, 196, 216, 343

A) 125

B) 196

C) 216

D) 343

E) None of these.

9. 362, 482, 551, 263, 344, 284

A) 263

B) 344

C) 284

D) 362

E) None of these.

10.  The current of a stream runs at the rate of 2 km per hr.

 A motor boat goes 10 km upstream and back again to the starting point in 55 min. 

Find the speed of the motor boat in still water?

A.22 km/hr

B. 12 km/hr

C. 20 km/hr

D. 16 km/hr

E. None of these.

Answers:
1. C
2. C
3. B
4. A
5. A
6. B
7. A
8. B
9. B
10.A

Quant Quiz

Quant Quiz

1. The compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs. 800. 

The difference between the compound and simple interest for 3 years will be?

A) 66.67

B) 36

C) 98.56

D) 60

E) 33.33

2. A letter is chosen at random from the word 'ASSASSINATION'. What is the probability that it is a consonant?

A) 7/13

B) 9/13

C) 2/13

D) 5/13

E) 10/13

3.  If the compound interest on a certain sum for 2 years in Rs. 80.80 and the simple interest Rs. 80; 

then the rate of interest per annum is?

A) 1 %

B) 2 %

C) 3 %

D) 4 %

E) 5 %

4.  A person invested in all Rs. 2600 at 4%, 6% and 8% per annum simple interest. At the end of the year,

 he got the same interest in all three cases. The money invested at 4% is:?

A) 1000

B) 1500

C) 1800

D) 1200

E) 2000

5. Two trains running in opposite directions cross a man standing on the platform in 27 seconds and 17 seconds respectively . 

If they cross each other in 23 seconds, what is the ratio of their speeds?

A) 1:2

B) 2:3

C) 3:2

D) 3:4

E) 4:3

6. Two employees X and Y are paid a total of Rs. 550 per week by their employer. If X is paid 120 percent of the sum paid to Y, how much is Y paid per week?

A) Rs. 100

B) Rs. 150

C) Rs. 200

D) Rs. 225

E) Rs. 250

7.  In a competitive examination in State A, 6% candidates got selected from the total appeared candidates. 

State B had an equal number of candidates appeared and 7% candidates got selected with 80 more candidates got selected than A. 

What was the number of candidates appeared from each State?

A) 6667

B) 7500

C) 8000

D) 8500

E) 9996

8. Prashant bought a car and paid 10 % less than the original price. He sold it  to Vartika with 30% profit on the price he had paid. 

What percentage of profit did he earn on the original price?

A) 14%

B) 15%

C) 6.67%

D) 17%

E) 20%

9. A man purchased 30 kg of rice at the rate of Rs. 17.5. per kg and another 30 kg rice at a certain rate.

 He mix the two and sold the entire quantity at the rate of Rs. 18.60/kg and made 20%overall profit. 

At what Price per kg did he purchased the lot of another 30 kg rice?

A) Rs.20

B) Rs.16.67

C) Rs. 17

D) Rs. 13.50

E) Rs. 25

10. A and B can finish a work 30 days if they work together. They worked together for 20 days and then B left.

 A finished the remaining work in another 20 days. In how many days A alone can finish the work?

A) 40

B) 50

C) 55

D) 60

E) 45

Answers:

1. C
2. A
3. B
4. D
5. C
6. E
7. C
8. D
9. D
10.D

Quant Quiz

Quant Quiz

Time :- 6 minutes
Directions (Q. 1-5): what will come in place of the question mark (?) in each of the following series? 

1. 17 9 ? 16.5 35 90 

A) 5

B) 15 

C) 10 

D) 20 

E) None of these   

2. 6 13 38 ? 532 2675 

A) 129

B) 123

C)172

D)164

E) None of these

3. 286 142 ? 34 16 7 

A) 66 

B) 72 

C) 64 

D) 74 

E) None of these

4. 17 52 1 58 477 ? 4310 

A)1433 

B)1432 

C)1435 

D)1434 

E)None of these

5. 3 22 ? 673 2696 8093 

A)133 

B)155 

C)156 

D)134 

E)None of these

Direction (Q.6 – 10) : For the two given equation I and II give answer

A) If a is greater than b 

B) If a is smaller than b 

C) If a is equal to b  

D) If a is either equal to or greater than b 

E) If a is either equal to or smaller than b 

6. I. √2304 = a 

    II. b^2 = 2304 

7.  I. 12a^2 -7a + 1 = 0 

     II. 15b^2 – 16b + 4 = 0 

8.    I. a^2 + 9a  + 20 = 0 

       II. 2b^2 + 10b + 12 = 0 

9. I. 3a + 2b = 14

    II. a + 4b – 13 = 0 

10. I. a^2 – 7a + 12 = 0 

      II. b^2 -9b + 20 = 0 

Directions (Q. 11-15): Study the information carefully of answer the questions that follow: 

A basket contains 3 blue, 2 green and 5 red balls. 

11.  If three balls are picked at random, what is the probability that at least one is red? 

A) ½ 

B) 7/12

C) 11/12

D) 1/5 

E) None of these 

12. If four balls are picked at random, what is the probability that two are green and two are blue? 

A) 1/18 

B) 1/70 

C) 3/5 

D) ½

E) None of these

13. In how many different ways can the letters of the word ‘FLEECED’ be arranged? 

A) 840 

B) 2520 

C) 1680 

D) 49 

E) None of these

14. A circle and a rectangle have the same perimeter. The sides of the rectangle are 18 cm and 26 cm. What is the area of the circle? 

A) 88 sqcm 

B) 1250 sqcm

C) 154 sqcm 

D) Cannot be determined 

E) None of these

15. N number of persons decide to raise Rs 3 lakhs by equal contributions from each. 

If they contributed Rs. 50 each extra, the contribution would be Rs. 3.25 lakhs. How many  persons are there? 

A) 600 

B) 400 

C) 450 

D) Cannot be determined 

E) None of these

Answers:
1. C
2. A
3. E
4. C
5. D
6. D
7. B
8. B
9. A
10. E
11. C
12. B
13. A
14. E
15. E