Reasoning Ability

Directions (1-5): These questions are based on the following information. Read the information carefully and answer the questions given below.

Seven friends, viz Sonu, Monu, Deepu, Siddhu, Anuj, Namit and Tinku are pursuing their M.Phil in different subjects—Maths, History, Political Science, Chemistry, Economic, Accounts and Geography but not necessarily in the same order. They study in three different universities, viz P, Q and S. At least two friends study in the same university. Siddhu is studying Political Science in university P. The one who is studying History is not from university S. Tinku is studying Geography in university Q with only Monu. Sonu is not studying Economics and is not from university P. Namit is studying Accounts and is not from university P. Anuj is studying Chemistry but not from university P. No one studies Maths or Economics in University P.
Siddhu is studying Political Science in university P. The one who is studying History is not from university S. Tinku is studying Geography in university Q with only Monu. Sonu is not studying Economics and is not from university P. Namit is studying Accounts and is not from university P. Anuj is studying Chemistry but not from university P. No one studies Maths or Economics in university P.

Q1. Which of the following represents the group that studies in university S?

(a) Siddhu, Monu

(b) Deepu, Namit, Anuj

(c) Sonu, Anuj

(d) Anuj, Namit, Sonu

(e) None of these

Q2. Deepu is studying in which of the following universities?

(a) P

(b) Q

(c) S

(d) Can’t be determined

(e) None of these

Q3. Which of the following combinations is true?

(a) Sonu—Economics—university S

(b) Monu—History—university Q

(c) Deepu—History—university S

(d) Anuj—Chemistry—university Q

(e) None of the above

Q4. Monu studies which subject in M.Phil?

(a) History

(b) Maths

(c) Economics

(d) Can’t be determined

(e) None of these

Q5. Who among the following is studying History in M.Phil?

(a) Monu

(b) Deepu

(c) Namit

(d) Sonu

(e) None of these

Solution(1-5):


S1. Ans.(d)
Sol.

S2. Ans.(a)
Sol.

S3. Ans.(e)
Sol.

S4. Ans.(c)
Sol.

S5. Ans.(b)
Sol.

Directions (6-10): In the following questions, the symbols @, ©, %, δ and # are used with the following meaning as illustrated below.

‘P % Q’ means ‘P is not greater than Q’.

‘P δ Q’ means ‘P is neither greater than nor smaller than Q’.

‘P # Q’ means ‘P is neither greater than nor equal to Q’.

‘P © Q’ means ‘P is not smaller than Q’.

‘P @ Q’ means ‘P is neither smaller than nor equal to Q’.

Now, in each of the following questions assuming the given statements to be true, find which of the two Conclusions I and II given below them is/are definitely true?

Give answer

(a) If only Conclusion I is true

(b) If only Conclusion II is true

(c) If either Conclusion I or II is true

(d) If neither Conclusion I nor II is true

(e) If both Conclusion I and II are true

Q6. Statements: R © T, T @ M, M δ D

Conclusions:

I. D # T

II. M # T

Q7. Statements: B @ N, N % R, R © F

Conclusions:

I. B @ F

II. N # F

Q8. Statements: D # T, T @ R, R © M

Conclusions:

I. M # D

II. M # T

Q9. Statements: K δ H, H % F, F # J

Conclusions:

I. F © K

II. J © H

Q10. Statements: W @ G, N © G, N % V

Conclusions:

I. W @ N

II. V © G

Solution(6-10):

S6. Ans.(e)
Sol. Statement- R ≥ T > M =D
        Conclusion I- D < T (True)
       Conclusion II- M < T (True)

S7. Ans.(d)
Sol. Statement- B >N ≤ R ≥ F
        Conclusion I- B > F (false)
       Conclusion II- N <F (false)

S8. Ans.(b)
Sol. Statement- D <T >R ≥ M
        Conclusion I- M <D (false)
       Conclusion II- M<T (True)

S9. Ans.(a)
Sol. Statement- K = H ≤ F < J
        Conclusion I- F ≥ K (True)
       Conclusion II- J ≥ H (false)

S10. Ans.(b)
Sol. Statement- W > G ≤ N ≤ V
        Conclusion I- W > N (false)
       Conclusion II- V ≥ G (True)

Directions (11-13): Read the following information carefully and answer the questions which follow.

If ‘A × B’ means ‘A is father of B’.

If ‘A + B’ means ‘A is wife of B’.

If ‘A ÷ B’ means ‘A is daughter of B’. 

If ‘A – B’ means ‘A is son of B’.

Q11. How is Q related to L in the expression ‘L ÷ M × O – P ÷ Q’?

(a) Granddaughter 

(b) Niece

(c) Daughter-in-law

(d) Daughter

(e) Cannot be determined

S11. Ans.(e)
Sol.

Q12. What will come in the place of the question mark, to establish that O is the nephew of T in the expression ‘O ? R ÷ S × T’?

(a) +

(b) ×

(c) –

(d) ÷

(e) Either – or ÷

S12. Ans.(c)

Sol.

Q13. Which of the following relations are true based upon the relations given in the equation: ‘A – B × C + D – E’?

(a) C is mother of A

(b) E is wife of B

(c) D is brother of A

(d) E is mother-in-law of C

(e) None is true

S13. Ans.(e)

Sol.

Q14. How many such digits are there in the number 521468, remain unchanged after the digits are arranged in ascending order?

(a) None

(b) One

(c) Two

(d) Three

(e) More than three

S14. Ans.(d)

Sol.

Q15. B is sister of D, D is sister of M. M is brother of K. K is father of C. How is K related to B?

(a) Brother 

(b) Sister

(c) Brother or Sister

(d) Data inadequate

(e) None of these

S15. Ans.(a)
Sol.

general awareness

Q1. Name the Indian-origin actor who will be felicitated with the Asia Society 2017 Asia Game Changers Award in New York.

(a) Kal Penn

(b) Dev Patel

(c) Aziz Ansari

(d) Padma Lakshmi

(e) M. Night Shyamalan

S1. Ans.(b)

Sol. Indian-origin actor Dev Patel is to be honoured by a leading educational organization for making a “transformative and positive” difference for the future of Asia and the world. London-born Dev Patel, who became popular with his debut film Slumdog Millionaire, will be felicitated with the Asia Society 2017 Asia Game Changers Award at a ceremony to be held at the United Nations, New York, in November 2017.

Q2. The Legislative Assembly of which state has recently passed a bill which reclassifies coconut as a 'tree', ensuring legal protection for it?

(a) Kerala

(b) Karnataka

(c) Maharashtra

(d) Goa

(e) Andhra Pradesh

S2. Ans.(d)
Sol. The Goa Legislative Assembly was passed a bill which reclassifies coconut as a 'tree', ensuring legal protection for it. Goa Forward Party, a partner in the Manohar Parrikar-led government, had promised to reclassify coconut.

Q3. Name the Bollywood Celebrity who has been signed in as a brand ambassador by a health and wellness startup Cure.fit in a deal worth Rs 100 crore.

(a) Amir Khan

(b) Imran Khan

(c) Hrithik Roshan

(d) Abhishek Bachchan

(e) Ajay Devgan

S3. Ans.(c)
Sol. Hrithik Roshan has been signed as a brand ambassador by a health and wellness startup Cure.fit in a deal worth Rs 100 crore. The actor will be associated with the brand for five years.

Q4. The Nagasaki Day is observed across the world on _____________.

(a) 9 August

(b) 5 August

(c) 6 August

(d) 10 August

(e) 11 August

S4. Ans.(a)
Sol. On August 9, 1945, the second bomb—“Fat Man”—was dropped on Nagasaki (Japan), incinerating the city and its unexpecting inhabitants.

Q5. _________ are the market operations conducted by the RBI with an objective to adjust the rupee liquidity conditions in the market on a durable basis.

(a) Open Market Operations (OMOs)

(b) Capital Market Operations

(c) When Issued Market

(d) All of the Above

(e) Monetary Policy

S5. Ans.(a)
Sol. Open Market Operations (OMO’s) conducted by the RBI by way of sale/ purchase of Government securities to/ from the market. When the RBI feels there is excess liquidity in the market, it resorts to sale of securities thereby sucking out the rupee liquidity. Similarly, when the liquidity conditions are tight, the RBI will buy securities from the market, thereby releasing liquidity into the market.

Q6. Which Act was framed specially to deal with Non-Performing Assets (NPA)?

(a) Banking Regulation Act 1949

(b) Foreign Exchange Management Act (FEMA) 1999

(c) Industrial Disputes Act 1947

(d) SARFAESI Act, 2002

(e) None of the given options is true

S6. Ans.(d)
Sol. SARFAESI Act (The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002) was enacted to regulate securitization and reconstruction of financial assets and enforcement of security interest created in respect of Financial Assets to enable realization of such assets. The SARFAESI Act provides for the manner for enforcement of security interests by a secured creditor without the intervention of a court or tribunal. If any borrower fails to discharge his liability in repayment of any secured debt within 60 days of notice from the date of notice by the secured creditor, the secured creditor is conferred with powers under the SARFAESI Act.

Q7. In Notice Money Market, the tenor of the transactions is from ________.

(a) 2-7 days

(b) 2-14 days

(c) 2-21 days

(d) 2-28 days

(e) 2-90 days

S7. Ans.(b)
Sol. In money market, the amount that is lent for one day is known as “call money” and, if it exceeds one day or two days to 14 days is referred to as “notice money.”

Q8. Name the e-commerce company that has launched 'Budding Star Program', an exclusive program aimed at its employees to help them achieve their dreams by providing them financial assistance and paid leave.

(a) Amazon

(b) Snapdeal

(c) Bechdo.com

(d) Yatra.com

(e) Flipkart

S8. Ans.(e)
Sol. Flipkart has launched 'Budding Star Programme', an exclusive programme aimed at Flipkart employees to help them achieve their dreams by providing them financial assistance and paid leave.

Q9. Name the Indian-American who has been appointed to a key position of Deputy Comptroller for Minority Affairs in New York's Nassau County.

(a) Lata Mangesh

(b) Dilip Chauhan

(c) Mehek Gulati

(d) Rahul Gupta

(e) Sameer Roman

S9. Ans.(b)
Sol. Indian American Dilip Chauhan has been appointed to a key position of Deputy Comptroller for Minority Affairs in New York's Nassau county.

Q10. India has recently celebrated the 75th anniversary of the Quit India Movement. What is the theme of this year?

(a) Sankalp Se Vriddhi

(b) Sankalp Se Parinam

(c) Sankalp Se Siddhi

(d) Sankalp Se Vikas

(e) Sankalp Se Kamaal

S10. Ans.(c)
Sol. India has celebrated the 75th anniversary of the Quit India Movement (on 9 August). This year’s theme is “SANKALP SE SIDDHI"- the Attainment through Resolve. Prime Minister Narendra Modi in his recent Mann Ki Baat program had called for launching the mega campaign Sankalp Se Siddhi.

Q11. Name the lender who has recently launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner.

(a) SBI

(b) HDFC Bank

(c) IDBI Bank

(d) ICICI Bank

(e) Axis Bank

S11. Ans.(d)
Sol. The country's largest private sector lender, ICICI Bank, launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner. The bank has opened up this offering to a few lakh of pre-qualified customers who can apply for the card online and generate card details and start shopping online instantly.

Q12. Bandipur National Park is situated in which of the following Indian state? 

(a) Karnataka

(b) Kerala

(c) West Bengal

(d) Uttar Pradesh

(e) Madhya Pradesh

S12. Ans.(a)
Sol. Bandipur National Park, an 874-sq.-km forested reserve in the southern Indian state of Karnataka, is known for its small population of tigers. Once the private hunting ground of the Maharajas of Mysore, the park also harbors Indian elephants, spotted deer, gaurs (bison), antelopes and numerous other native species.

Q13. World Heritage Day is observed on which of the following date? 

(a) April 18

(b) April 7

(c) April 27

(d) April 28

(e) April 21

S13. Ans.(a)
Sol. Every year World Heritage Day (WHD) is celebrated on 18th April to appreciate that Heritage is the shared wealth of humankind and of societies. Our monuments and sites can only be protected with the collective efforts of the international community.

Q14. Which city is served by Swami Vivekananda Airport? 

(a) Tirupati

(b) Tezu

(c) Raipur

(d) Gangtok

(e) Agra

S14. Ans.(c)
Sol. Swami Vivekananda Airport is the primary airport serving the state of Raipur, Chhattisgarh. The airport is centrally located at Mana, 15 km south of Raipur between the old city and the new seat of the state government Naya Raipur. It is the 28th busiest airport in India.

Q15. With which of the following digital payments company Private sector lender IDFC Bank has partnered to launch ‘IDFC Bank Benefits’?

(a) Zeta

(b) Beta

(c) Paytm

(d) MobiKwik

(e) FreeCharge

S15. Ans.(a)
Sol. Private sector lender IDFC Bank has partnered with digital payments company Zeta, to launch ‘IDFC Bank Benefits’. It is a payment solution for corporates that digitizes employee spends and claims, making the process simple, real-time and paperless.

Test of the Day

Q1. India’s first and longest ropeway to connect Mumbai with the famous Island in the Arabian Sea is planned to be constructed by the Mumbai Port Trust. What is name of that Island? 

 Majuli Island

 Havelock Island

 Barren Island

 Elephanta Island

 Diu Island

Solution:

India’s first and longest ropeway to connect Mumbai with the famous Elephanta Island in the Arabian Sea is planned to be constructed by the Mumbai Port Trust, according to the official report.

Q2. The Indian Navy has begun a joint maritime exercise with the French Navy at the Mediterranean Sea to further deepen combat coordination between the two navies. The Joint exercise is named as ____________.

 PARAKRAM

 VARUNA

 KAUSHAL

 GRAMANA

 SHAKTI

Solution:

The Indian Navy has begun a joint maritime exercise with the French Navy at the Mediterranean Sea to further deepen combat coordination between the two navies. Guided missile destroyer INS Mumbai, stealth frigate INS Trishul and fleet tanker INS Aditya are taking part in the 'Varuna' exercise.

Q3. The White House has recently named a retired Marine major general ______________ as the new Director of the Secret Service.

 Sandish Machol

 Sebastian Andrew

 Randolph Ailes

 Johnnefer Sout

 Harrynara Dahol

Solution:

The White House has named a retired Marine major general Randolph Ailes as the new Director of the Secret Service. Ailes was in the Marine Corps for 35 years.

Q4. The World Intellectual Property Day is celebrated globally on __________.

 March 28

 March 21

 April 19

 April 28

 April 26

Solution:

Every April 26, World Intellectual Property Day is celebrated to learn about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation and creativity.

Q5. An Asset Reconstruction Company (ARC) in India is associated with-

 UCPDC

 DICGC

 NPA

 Home Loan

 None of the given options is true

Solution:

Asset Reconstruction Company (ARC) also known as Securitization company in India helps to unlock the value of non-performing assets (NPA) in banks through Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002.ARC is regulated by RBI as a Non Banking Financial Company (NBFC).

Directions (6-10): Study the following information carefully and answer the question given below- 
A, B, C, D, E, F, G and H are eight friends sitting around a circular table. Four of them are facing away from the centre and four of them are facing towards the center. Each of them reads different magazine -Frontline, Outlook, Famina, Filmfare, Digit, Tinkle, Autocar and Yojna. All of them are wearing different colour shirts viz. White, Blue, Orange, Pink, Green, Purple, Yellow and Red but not necessarily in the same order. E faces towards the centre and wear White shirt. Both the immediate neighbors of E face away from the centre and are wearing either Orange or Pink colour shirt. D faces away from the center and he reads Frontline magazine. Both the immediate neighbours of D do not face away from the centre. E sits third to the right of F, who wears Green shirt and faces away from the centre. C sits third to the left of F. The one who wears Orange shirt sits opposite to F. The one who wears Blue shirt is not the immediate neighbour of F and faces away from the centre. A sits second to the left of C and he wears neither Yellow nor Red shirt. The one who wears Yellow shirt sits between H and F. B faces away from the centre, and reads Outlook magazine and does not have a Blue shirt. E reads Autocar magazine. The person who reads Filmfare magazine sits opposite to D. The one who wears Purple shirt read Famina magazine. The person who reads Yojna magazine is not near to G or E. C faces the person who reads Tinkle magazine.

 Q6. Which one of the following related to Purple?

 E

 F

 B

 D

 A

Solution:
(6-10)

Q7. Which one of the following related to Orange?

 B

 H

 F

 D

 None of these

Q8. How many persons are there between the one who related to Pink and the one who related to Orange when counted in anticlockwise direction from the person who related to Pink?

 Four

 Two

 Three

 CND

 None of these

Q9. Which one of the following related to Pink?

 B

 H

 F

 D

 None of these

Q10. Which of the following is B’s position with respect to F?

 Fourth to the left

 Third to the right

 Second to the left

 Second to the right

 None of these

Directions (11-15): Study the following Bar-graph and answer the question carefully. 
Percentage of people in a city (Total number of People = 40250)  

Q11. What is the respective ratio of the men to the women working in night shifts from the call center and Chemistry Industries respectively?

 22 : 3

 21 : 4

 23 : 5

 7 : 1

 None of these

Solution:

Q12. What is the approximate average number of females working in night shifts from all the industries together?

 2200

 2100

 2150

 2227

 None of these

Solution:

Q13. Total number of men is approximately what percent of total number of women working in night shifts from all industries together?

 200%

 250%

 20%

 100%

 None of the above

Solution:

Q14. The number of women working in night shifts from the gaming industry is approximately what percent of the total number of women working in the night shifts from all the industries together?

 11%

 13%

 15%

 17%

 None of these

Solution:

Q15. What is the difference between the total number of men and the total number of women working in night shifts from all the industries together?

 13500

 12542

 13524

 14000

 13000

Solution:

Directions (16-20): Rearrange the following six sentence (A), (B), (C), (D), (E) and (F) in the proper sequence to form a meaningful paragraph; then answer the questions given below them.  
(A) The application of economic, environmental and consumer pressures have been on an increase in recent years.
(B) As a result, our agro-food production and technology are amongst the most advanced in the world.
(C) They are thus able to provide expertise and technology to satisfy the needs of agro-food production.
(D) In turn, the support industries have developed to an equally advanced state.
(E) They have also equipped themselves with the necessary expertise to satisfy the most exacting requirements of the overseas markets.
(F) These have greatly influenced the development of the agriculture and food industries in our country.

 Q16. Which of the following should be the SECOND sentence after rearrangement?

 F

 E

 D

 C

 B

Solution:

Option A is the starting statement. Second, sentence is statement F.

Q17. Which of the following should be the THIRD sentence after rearrangement?

 F

 E

 D

 C

 B

Solution:

D is the third option.

Q18. Which of the following should be the FOURTH sentence after rearrangement?

 F

 E

 D

 C

 B

Solution:

They have also equipped themselves with the necessary expertise to satisfy the most exacting requirements of the overseas markets.

Q19. Which of the following should be the FIFTH sentence after rearrangement?

 F

 E

 D

 C

 B

Solution:

They are thus able to provide expertise and technology to satisfy the needs of agro-food production.

Q20. Which of the following should be the SIXTH (LAST) sentence after rearrangement?

 F

 E

 D

 C

 B

Solution:

It is the conclusive statement As a result, our agro-food production and technology are amongst the most advanced in the world.

QUIZ-14

Q1. India and Japan have agreed to collaborate closely in defence production, including on dual-use technologies. Who is the present Prime Minister of Japan?

(a) Shinzo Abe

(b) Yoshihiko Noda

(c) Naoto Kan

(d) Xi Jinping

(e) Yukio Hatoyama

S1. Ans.(a)

Sol. India and Japan have agreed to collaborate closely in defence production, including on dual-use technologies. The two countries resolved to ramp up overall military engagement under the bilateral special strategic framework. Shinzo Abe is the present Prime Minister of Japan.

Q2. The book of Former Foreign Secretary named “How India Sees the World: Kautilya to the 21st Century”- was launched recently. The book is written by __________.

(a) Ranjan Mathai

(b) Chokila Iyer

(c) Shyam Saran

(d) Lalit Mansingh

(e) Nirupama Rao

S2. Ans.(c)
Sol. The book of Former Foreign Secretary Shyam Saran named “How India Sees the World: Kautilya to the 21st Century”- was launched by former Prime Minister Dr. Manmohan Singh.

Q3. NITI Aayog has recently constituted an Expert Task Force to provide a major thrust to job creation by enhancing India’s exports. The Task Force will be headed by ____________.

(a) Arvind Panagariya

(b) Rajiv Kumar

(c) Amitabh Kant

(d) Narendra Modi

(e) Shereen Bhan

S3. Ans.(b)
Sol. NITI Aayog has constituted an Expert Task Force to provide a major thrust to job creation by enhancing India’s exports. It will be headed by NITI Aayog Vice Chairman Dr. Rajiv Kumar.

Q4. The defence entity of which of the following company had signed an MoU with Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces?

(a) TATA Power

(b) Bharat Earth Movers

(c) Heavy Vehicles Factory

(d) Ashok Leyland

(e) Reliance Defence Services

S4. Ans.(d)
Sol. The defence entity of Hinduja Group flagship company Ashok Leyland had signed an MoU with Rosoboronexport, Russia, to supply tracked vehicle solutions to the armed forces.

Q5. Which of the following countries will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships?

(a) Australia

(b) Japan

(c) China

(d) USA

(e) India

S5. Ans.(e)
Sol. India will host the 2019 edition of the Commonwealth (Youth, Junior and Senior) Weightlifting Championships. The Executive Board of Commonwealth Weightlifting Federation met at Gold Coast, Australia and decided to allot the 2019 edition of the competitions to India.

Q6. Name the Bollywood actress who has been appointed as the first Indian woman ambassador in 'Friends of Australia' (FOA) advocacy panel by Tourism Australia.

(a) Priyanka Chopra

(b) Parineeti Chopra

(c) Aishwarya Rai Bachchan

(d) Diya Mirza

(e) Neha Dhupia

S6. Ans.(b)
Sol. Bollywood actress Parineeti Chopra has been appointed as the first Indian woman ambassador in 'Friends of Australia' (FOA) advocacy panel by Tourism Australia.

Q7. Name the telecom company of India that has entered into an agreement with US-based networking solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India.

(a) MTNL

(b) Reliance Communications

(c) BSNL

(d) Tata Teleservices

(e) Bharti Airtel

S7. Ans.(c)
Sol. State-owned Bharat Sanchar Nigam Limited (BSNL) entered into an agreement with US-based networking solutions provider Coriant to chart the path to 5G and Internet of Things (IoT) in India.

Q8. In which of the following country, Energy Efficiency Services Limited (EESL), under Ministry of Power has launched UJALA (Unnat Jyoti by Affordable Lighting for All) Scheme?

(a) Singapore

(b) Myanmar

(c) Nepal

(d) Malaysia

(e) Bangladesh

S8. Ans.(d)
Sol. Energy Efficiency Services Limited (EESL), under Ministry of Power, Government of India has launched UJALA (Unnat Jyoti by Affordable Lighting for All) Scheme in the State of Melaka, Malaysia.

Q9. Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter’s customers. Exide Life Insurance is head quartered in __________.

(a) Bengaluru

(b) Jaipur

(c) Ahmedabad

(d) Kolkata

(e) Mumbai

S9. Ans.(a)
Sol. Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter’s customers. It is head quartered in Bengaluru. Kshitij Jain is the MD and CO of Exide Life Insurance.

Q10. India’s first operational Smart City and IFSC, GIFT City has won the prestigious Associated Chambers of Commerce and Industry of India (ASSOCHAM) Services Excellence Award. GIFT City is situated in ______________.

(a) Karnataka

(b) Gujarat

(c) Maharashtra

(d) Punjab

(e) Goa

S10. Ans.(b)
Sol. India’s first operational Smart City and IFSC, Gujarat International Finance-Tec City (GIFT City), has won the prestigious Associated Chambers of Commerce and Industry of India (ASSOCHAM) Services Excellence Award.

Q11. A joint military training exercise will be conducted in this month in Washington, USA between India and the USA. The exercise is named as ____________.

(a) Exercise Varuna-XII

(b) INDUS-X

(c) Exercise Parakram 2017

(d) Malabar Exercise-X

(e) Yudh Abhyas-2017

S11. Ans.(e)
Sol. A joint military training, Exercise Yudh Abhyas-2017 will be conducted at Joint Base Lewis McChord, Washington, USA from 14 to 27 September 2017 between India and the USA.

Q12. Name the Insurance Company that has received approval from the Securities and Exchange Board of India for an IPO (Initial Public Offering) of up to Rs 8,400 crore.

(a) Sun Life Financial

(b) MetLife

(c) SBI Life Insurance

(d) AXA Life Insurance

(e) Prudential

S12. Ans.(c)
Sol. SBI Life Insurance has received approval from the Securities and Exchange Board of India for an IPO (Initial Public Offering) of up to Rs 8,400 crore ($1.3 billion).

Q13. The Andhra Pradesh government has recently signed an MoU with Hyperloop Transportation Technologies (HTT) to build India's first Hyperloop system. HTT is a company based in ______________.

(a) Russia

(b) France

(c) China

(d) USA

(e) Japan

S13. Ans.(d)
Sol. The Andhra Pradesh government has signed an MoU with the US-based Hyperloop Transportation Technologies (HTT) to build India's first Hyperloop system. The planned project is aimed at connecting cities Amaravati and Vijayawada in Andhra Pradesh, supposedly covering the distance of over 35 km in just five minutes.

Q14. Who is the present Managing Director and Group CEO of GIFT City?

(a) Sanjeev Mathur

(b) Ajay Pandey

(c) Arun Gupta

(d) Arjun Singh

(e) Kapil Tiwari

S14. Ans.(b)
Sol. Ajay Pandey is the Managing Director and Group CEO of GIFT City. GIFT City, India’s first International Financial Services Centre (IFSC).

Q15. Who is the present Chairman & Managing Director of BSNL?

(a) Sandeep Jajodia

(b) Rajiv Kumar

(c) Anupam Shrivastava

(d) Deepak Kumar

(e) Anil Jyoti

S15. Ans.(c)
Sol. The present Chairman & Managing Director of BSNL is Shri Anupam Shrivastava.

QUIZ-14

Q1. Name the Bank that was recently included by RBI in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank.

(a) Axis Bank

(b) Punjab and National Bank

(c) Bank of Baroda

(d) HDFC Bank

(e) Allahabad Bank

S1. Ans.(d)

Sol. RBI included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015. With the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities in the country.

Q2. DBS Bank India has recently received in-principle approval from the Reserve Bank of India (RBI) to convert its existing India franchise to a locally incorporated wholly-owned subsidiary (WOS) in India. DBS Bank is headquartered in ____________.

(a) Switzerland

(b) Netherlands

(c) Singapore

(d) New Zealand

(e) Russia

S2. Ans.(c)
Sol. DBS Bank India, part of Singapore-based financial services group DBS Group Holdings, has received in-principle approval from the Reserve Bank of India (RBI) to convert its existing India franchise to a locally incorporated wholly-owned subsidiary (WOS) in India.

Q3. External Affairs Minister SushmaSwaraj was on a three-day visit to attend the third Eastern Economic Forum which was held in __________.

(a) France

(b) Russia

(c) Japan

(d) China

(e) South Africa

S3. Ans.(b)
Sol. External Affairs Minister SushmaSwaraj arrived in Russian port city of Vladivostok on a three-day visit to attend the third Eastern Economic Forum which will deliberate on pressing issues relating to global trade. Delegates from at least 24 countries are attending the gathering.

Q4. In which of the following city, Metro Rail service has been flagged off recently?

(a) Varanasi

(b) Jodhpur

(c) Jaipur

(d) Kochi

(e) Lucknow

S4. Ans.(e)
Sol. Union Home Minister Rajnath Singh and UP CM Yogi Adityanath jointly flagged off its commercial run. The 8.5-km 'priority corridor' from Transport Nagar to Charbagh will be operational from 6 am to 10 pm daily. Rs. 6,00,080crore has been spent in the Lucknow Metro Project.

Q5. Name the country that has banned individuals and organizations from raising funds through Initial Coin Offerings (ICO) or Cryptocurrencies.

(a) China

(b) Japan

(c) USA

(d) Indonesia

(e) Oman

S5. Ans.(a)
Sol. China has banned individuals and organizations from raising funds through Initial Coin Offerings (ICO), or launches of digital currencies, saying the practice constituted illegal fund-raising.

Q6. Name the Infosys co-founder who has been recently conferred the PLuS Alliance Prize.

(a) Vishal Sikka

(b) K. Dinesh

(c) N R Narayana Murthy

(d) Nandan Nilekani

(e) S. Gopalakrishnan

S6. Ans.(c)
Sol. Infosys co-founder N R Narayana Murthy and Mumbai-born scientist Veena Sahajwalla have been conferred the PLuS Alliance Prize. PLuS Alliance Prize is a prestigious honour that recognises Research Innovation, Education Innovation, Global Leadership and Global Innovation.

Q7. The 12th edition of India-Nepal joint military exercise has begun recently in Saljhandi, Nepal. What is the name of this historic exercise?

(a) Indo-Nepal JME

(b) Nagarjuna

(c) SIMBEX

(d) Nag-Al

(e) Surya Kiran

S7. Ans.(e)
Sol. The 12th edition of India-Nepal joint military exercise- Surya Kiran XII was held at Nepal Army Battle School (NABS) in Saljhandi, Nepal. The 14-day exercise focused on skills required counter-terrorism and counter-terror, forest fighting and natural disaster management operations.

Q8. The 9th BRICS Summit was concluded recently in Xiamen, China. Who was the representative from the side of Brazil?

(a) Vladimir Putin

(b) Michel Temer

(c) Jacob Zuma

(d) Joaquim Rodrigues

(e) Pedro de Araujo

S8. Ans.(b)
Sol. The 9th BRICS Summit was concluded recently in Xiamen, China. The representative from the side of Brazil was its President Michel Temer.

Q9. The National Highway Authority of India (NHAI) has awarded its first international project in Myanmar to ___________.

(a) Punj Lloyd-Varaha

(b) L&T Engineering & Construction Division

(c) Tata Projects Ltd

(d) IRCON International Ltd

(e) Essar Group

S9. Ans.(a)
Sol. The National Highway Authority of India (NHAI) has awarded its first international project in Myanmar to a joint venture of Punj Lloyd-Varaha. This is for the upgradation of the Yagyi–Kalewa section in Myanmar to two lanes with earthern shoulder in the engineering, procurement, and construction mode.

Q10. Currently, there are how many Banks in India that has been included in the list of 'too big to fail' financial entities in the country?

(a) 2

(b) 4

(c) 6

(d) 3

(e) 5

S10. Ans.(d)
Sol. RBI included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank. India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015. With the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities in the country.