Q1. Which of the following states has given a go-ahead to three Information Technology-enabled projects. These are, Survey Management System, Metadata Dashboard and Early Flood Warning Systems recently?
a) Assam
b) West Bengal
c) Uttar Pradesh
d) Gujarat
e) Arunachal Pradesh
Q2. Reserve Bank of India (RBI) has imposed how much crore rupees penalty on 13 public and private sector banks for Foreign Exchange Management (FEMA) Act violations and Know your customer (KYC) lapses?
a) 17 crore rupees
b) 37 crore rupees
c) 27 crore rupees
d) 47 crore rupees
e) 57 crore rupees
Q3. Kolkata's football giants club East Bengal has announced that this year’s Bharat Gaurav award (Pride of India) will be conferred on legendary athlete.................?
a) Sachin Tendulkar
b) Saina Nehwal
c) Virat Kohli
d) Milkha Singh
e) Baichung Bhutia
Q4. Name the noted agricultural scientist who has passed away in Hyderabad following a brief illness?
a) Neelamraju Ganga Prasada Rao
b) Raghunath Anant Mashelkar
c) CNR Rao
d) Ashoke Sen
e) Jayant Narlikar
Q5. Name the eminent author and social activist, whose writings focused on the marginalised communities in the country and served as the voice of the oppressed, died after a multi-organ failure?
a) Jasodhara Bagchi
b) Mahasweta Devi
c) Sudha Murthy
d) V Urvashi Vaid
e) None of the above
Q6. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved Bilateral Investment Treaty (BIT) between India and which of the following countries to boost trade and business recently?
a) South Sudan
b) Bulgaria
c) Nepal
d) Russia
e) Cambodia
Q7. India has signed how much US dollar deal with US defence and aerospace major Boeing for procuring four long-range maritime surveillance and anti-submarine warfare aircraft, Poseidon-8I?
a) 7 billion
b) 15 billion
c) 5 billion
d) 10 billion
e) 1 billion
Q8. Life Insurance Corporation of India and which of the following private sector Banks signed a Memorandum of Understanding to distribute LIC’s multiple life insurance products to their customers?
a) ICICI Bank
b) HDFC Bank
c) Bandhan Bank
d) Axis Bank
e) Kotak Mahindra Bank
Q9. RBI has imposed a penalty of how much crore on UCO Bank for contravention of its instructions relating to opening of current account and providing bill discounting facilities to account-holders without having any borrowing facility with the bank, resulting in siphoning of funds?
a) 3 crore
b) 20 crore
c) 1 crore
d) 10 crore
e) 7 crore
Q10. Which of the following Bank has launched a payment system at its ATMs which will allow the account holders to transfer the money by using the mobile phone number as an identifier?
a) ICICI Bank
b) State Bank of India
c) Punjab National Bank
d) Axis Bank
e) Indian Overseas Bank
Answers:
Q1. Which of the following states has given a go-ahead to three Information Technology-enabled projects. These are, Survey Management System, Metadata Dashboard and Early Flood Warning Systems recently?
a) Assam
b) West Bengal
c) Uttar Pradesh
d) Gujarat
e) Arunachal Pradesh
(The Survey Management System will allow users to create, send and collect responses for basic surveys quickly and easily. The information generated will help in formulating policies based on the responses from public, thus encouraging participative governance.)
(The Survey Management System will allow users to create, send and collect responses for basic surveys quickly and easily. The information generated will help in formulating policies based on the responses from public, thus encouraging participative governance.)
Q2. Reserve Bank of India (RBI) has imposed how much crore rupees penalty on 13 public and private sector banks for Foreign Exchange Management (FEMA) Act violations and Know your customer (KYC) lapses?
a) 17 crore rupees
b) 37 crore rupees
c) 27 crore rupees
d) 47 crore rupees
e) 57 crore rupees
(The banks include Punjab National Bank and HDFC Bank. In a statement issued in Mumbai yesterday, RBI asked eight other banks including SBI and ICICI to ensure strict compliance with the guidelines. On the basis of inputs received from a public sector bank, RBI had undertaken a scrutiny on advance import remittances in 21 banks in October and November last year. The scrutiny examined the alleged irregularities in opening and monitoring of accounts including violations under FEMA provisions.)
(The banks include Punjab National Bank and HDFC Bank. In a statement issued in Mumbai yesterday, RBI asked eight other banks including SBI and ICICI to ensure strict compliance with the guidelines. On the basis of inputs received from a public sector bank, RBI had undertaken a scrutiny on advance import remittances in 21 banks in October and November last year. The scrutiny examined the alleged irregularities in opening and monitoring of accounts including violations under FEMA provisions.)
Q3. Kolkata's football giants club East Bengal has announced that this year’s Bharat Gaurav award (Pride of India) will be conferred on legendary athlete.................?
a) Sachin Tendulkar
b) Saina Nehwal
c) Virat Kohli
d) Milkha Singh
e) Baichung Bhutia
(He will be honoured with the prestigious award on the East Bengal Foundation Day which occurs on 1st of August. Along with the award, a cheque of 2 lakh rupees will also be presented to him. West Bengal Chief Minister Mamata Banerjee will be the chief guest at the event which will also be attended by former players.)
(He will be honoured with the prestigious award on the East Bengal Foundation Day which occurs on 1st of August. Along with the award, a cheque of 2 lakh rupees will also be presented to him. West Bengal Chief Minister Mamata Banerjee will be the chief guest at the event which will also be attended by former players.)
Q4. Name the noted agricultural scientist who has passed away in Hyderabad following a brief illness?
a) Neelamraju Ganga Prasada Rao
b) Raghunath Anant Mashelkar
c) CNR Rao
d) Ashoke Sen
e) Jayant Narlikar
(Mr. NGP Rao was born in Korisapadu, Prakasam district (AP), and studied at Agricultural College, Bapatla, the Indian Agricultural Research Institute, New Delhi and the Bihar University. He has about 200 research publications in reputed national and international journals. He held various positions such as Consultant to the Food and Agricultural Organization of the United Nations (FAO), Sorghum Botanist and Associate Coordinator, IARI, 1961-68Dr. He was awarded many recognitions which include the C Subramaniam Gold Medal (1966) for the development of the first Sorghum Hybrid, SS Bhatnagar Prize for Biological Sciences (1967). A.P. government also bestowed the Atma Gaurav Award (2003), and the Distinguished Agricultural Scientist Award (2008).)
(Mr. NGP Rao was born in Korisapadu, Prakasam district (AP), and studied at Agricultural College, Bapatla, the Indian Agricultural Research Institute, New Delhi and the Bihar University. He has about 200 research publications in reputed national and international journals. He held various positions such as Consultant to the Food and Agricultural Organization of the United Nations (FAO), Sorghum Botanist and Associate Coordinator, IARI, 1961-68Dr. He was awarded many recognitions which include the C Subramaniam Gold Medal (1966) for the development of the first Sorghum Hybrid, SS Bhatnagar Prize for Biological Sciences (1967). A.P. government also bestowed the Atma Gaurav Award (2003), and the Distinguished Agricultural Scientist Award (2008).)
Q5. Name the eminent author and social activist, whose writings focused on the marginalised communities in the country and served as the voice of the oppressed, died after a multi-organ failure?
a) Jasodhara Bagchi
b) Mahasweta Devi
c) Sudha Murthy
d) V Urvashi Vaid
e) None of the above
(Awarded the Sahitya Akademi and Jnanpith awards for literary excellence, Devi helped tribals and the rural dispossessed in organising themselves in groups so that they could take up development activities in their own areas.)
(Awarded the Sahitya Akademi and Jnanpith awards for literary excellence, Devi helped tribals and the rural dispossessed in organising themselves in groups so that they could take up development activities in their own areas.)
Q6. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved Bilateral Investment Treaty (BIT) between India and which of the following countries to boost trade and business recently?
a) South Sudan
b) Bulgaria
c) Nepal
d) Russia
e) Cambodia
(The Treaty seeks to promote and protect investments in either country. This is the first Bilateral Investment Treaty (BIT) signed between both countries in accordance with the text of the Indian Model BIT which was approved by the Union Cabinet in December 2015. The objective of this treaty is to increase bilateral investment flow which also seeks to encourage each country to create favorable conditions (climate) for investors of the other country to make investments in its territory and also to admit investments in accordance with its laws.)
(The Treaty seeks to promote and protect investments in either country. This is the first Bilateral Investment Treaty (BIT) signed between both countries in accordance with the text of the Indian Model BIT which was approved by the Union Cabinet in December 2015. The objective of this treaty is to increase bilateral investment flow which also seeks to encourage each country to create favorable conditions (climate) for investors of the other country to make investments in its territory and also to admit investments in accordance with its laws.)
Q7. India has signed how much US dollar deal with US defence and aerospace major Boeing for procuring four long-range maritime surveillance and anti-submarine warfare aircraft, Poseidon-8I?
a) 7 billion
b) 15 billion
c) 5 billion
d) 10 billion
e) 1 billion
(The contract was inked during the visit of the US Under Secretary for Defence on Acquisition Frank Kendall. The four new P-8I aircraft, with the first to be delivered in 50 months, will join the first eight such aircraft inducted by the Navy from May 2013 to October 2015 under a $2.1 billion deal inked in 2009. Apart from the 12 P-8Is, the major deals inked with the US include ones for 13 C-130J Super Hercules aircraft ($2.1 billion), 10 C-17 Globemaster-III giant strategic airlift aircraft ($4.1 billion) as well as 22 Apache attack and 15 Chinook heavy-lift helicopters ($3.1 billion)
(The contract was inked during the visit of the US Under Secretary for Defence on Acquisition Frank Kendall. The four new P-8I aircraft, with the first to be delivered in 50 months, will join the first eight such aircraft inducted by the Navy from May 2013 to October 2015 under a $2.1 billion deal inked in 2009. Apart from the 12 P-8Is, the major deals inked with the US include ones for 13 C-130J Super Hercules aircraft ($2.1 billion), 10 C-17 Globemaster-III giant strategic airlift aircraft ($4.1 billion) as well as 22 Apache attack and 15 Chinook heavy-lift helicopters ($3.1 billion)
Q8. Life Insurance Corporation of India and which of the following private sector Banks signed a Memorandum of Understanding to distribute LIC’s multiple life insurance products to their customers?
a) ICICI Bank
b) HDFC Bank
c) Bandhan Bank
d) Axis Bank
e) Kotak Mahindra Bank
(In the preliminary phase, the private sector bank will distribute LIC’s life insurance products across its branches in West Bengal, Bengaluru, and Haryana. The bank will also provide post sales services such as premium collection and renewal of policies.)
(In the preliminary phase, the private sector bank will distribute LIC’s life insurance products across its branches in West Bengal, Bengaluru, and Haryana. The bank will also provide post sales services such as premium collection and renewal of policies.)
Q9. RBI has imposed a penalty of how much crore on UCO Bank for contravention of its instructions relating to opening of current account and providing bill discounting facilities to account-holders without having any borrowing facility with the bank, resulting in siphoning of funds?
a) 3 crore
b) 20 crore
c) 1 crore
d) 10 crore
e) 7 crore
(The central bank said this penalty has been imposed taking into account the violations of the instructions/ directions/guidelines issued by it from time to time.)
Q10. Which of the following Bank has launched a payment system at its ATMs which will allow the account holders to transfer the money by using the mobile phone number as an identifier?
(The central bank said this penalty has been imposed taking into account the violations of the instructions/ directions/guidelines issued by it from time to time.)
a) ICICI Bank
b) State Bank of India
c) Punjab National Bank
d) Axis Bank
e) Indian Overseas Bank
(As this payment facility system works on instant money transfer (IMT) platform. It will enable a payment of up to Rs 10,000 from any SBI bank account and the recipient of this payment can withdraw funds instantly from an IMT-enabled ATM without using a debit card.)
