1. India has signed how much amount of loan agreement with the World Bank (WB) for Himachal Pradesh Public Financial Management Capacity Building Programme?
[A] $68 million
[B] $56 million
[C] $36 million
[D] $45 million
Show Answer
Correct Answer: C [$36 million]
Notes:
India has recently signed a loan agreement of $36 million with the World Bank (WB) for Himachal Pradesh Public Financial Management Capacity Building Programme. The purpose of the project is to improve the efficiency of public expenditure management and tax administration in Himachal Pradesh. The programme size is $45 million, of which $36 million will be financed by the Bank, and the remaining amount will be funded out of State Budget. The programme duration is 5 years.
2. Who has been sworn-in as the new President of Serbia?
[A] Ivica Dacic
[B] Tomislav Nikolic
[C] Dragan Sutanovac
[D] Aleksandar Vucic
Show Answer
Correct Answer: D [Aleksandar Vucic]
Notes:
Aleksandar Vucic, the chairman of the Serbian Progressive Party (SNS), has been sworn-in as the new President of Serbia on May 31, 2017 and succeeded Tomislav Nikolic. He won the 2017 Serbian Presidential election by 55% of votes on April 2017. Prior to this post, Vucic was the Prime Minister of Serbia.
3. Which of the following firms has been recently named as the world’s biggest private equity firm?
[A] Apollo Global Management LLC
[B] Blackstone Group
[C] Goldman Sachs
[D] General Atlantic
Show Answer
Correct Answer: A [Apollo Global Management LLC]
Notes:
Currently (June, 2018), Apollo Global Management LLC tops the list of the world’s top 10 private equity firms, with just under $150 billion in total private equity assets under management(AUM) for 2015. Blackstone is the world’s second biggest private equity firm.
4. Which among the following country is India’s top trading partner?
[A] UAE
[B] USA
[C] Japan
[D] China
Show Answer
Correct Answer: D [China]
Notes:
On 25-12-2017, India’s top 10 trade partners are China, USA, UAE, Hong Kong, Saudi Arabia, South Korea, Germany, Switzerland, Indonesia and Singapore.
5. Identify the tribe of India with the help of given information:
- They are of Matrilineal descent and use matrilocal residence
- They were known as Lalungs in the Assamese Buranjis, Colonial literature and in the Constitution of India
- The tribe has been frequently in news for practising jhuming or shifting cultivation
Select the correct answer from options given below:
[A] Tiwa
[B] Baiga
[C] Jarawa
[D] Dongria Kondh
Show Answer
Correct Answer: A [ Tiwa]
Notes:
The above given information is for Tiwa tribe of Assam which has been frequently in news for practising Jhum cultivation.
6. The first Indian Mushroom Growers Association (IMGA) has been recently launched at which of the following places?
[A] Srinagar
[B] Vadodara
[C] Bengaluru
[D] Hyderabad
Show Answer
Correct Answer: C [Bengaluru]
Notes:
The First Indian Mushroom Growers Association (IMGA) was launched recently by Indian Institute of Horticultural Research (IIHR) at Bengaluru. Mushroom production is indoor actively using vertical space well suited to small farmers & landless labourers. Mushroom cultivation does not require large tracts of land and can be grown on marginal lands under sheds prepared for its cultivation. Mushroom cultivation thus not only meets the dietary requirements but also adds to the income.
7. The term “High-Fives”, which was recently making news, is related to:
[A] World Bank
[B] African Development Bank
[C] Asian Infrastructure Investment Bank
[D] New Development Bank
Show Answer
Correct Answer: B [African Development Bank]
Notes:
The African Development Bank (AfDB) recently launched the “High Fives”, which are the five areas of development, in line with the Bank’s Ten Year Strategy.
8. Trincomalee Oil Tank Farm, which was recently in news, is a joint venture between India and _?
[A] China
[B] Iran
[C] Sri Lanka
[D] U.A.E
Show Answer
Correct Answer: C [Sri Lanka]
Notes:
Trincomalee Oil Tank Farm is a joint venture between India and Sri Lanka.
9. The Galilee Basin project, which was recently making news, is located in which country?
[A] Ireland
[B] Australia
[C] Brazil
[D] South Africa
Show Answer
Correct Answer: B [Australia]
Notes:
The Galilee Basin is a large inland geological basin in the western Queensland region of Australia. It was in news when Australian Government approved three mining leases for the India based Adani Group for its Galilee Basin project.
10. Which of the following organizations was in news for working with internet service providers in India to test its ‘Express Wi-Fi’ project?
[A] Google
[B] Facebook
[C] Microsoft
[D] Yahoo Inc
Show Answer
Correct Answer: B [Facebook]
Notes:
Express Wi-Fi is an initiative of Facebook in India. It is live in India and it empowers local entrepreneurs to help provide quality Internet access to their neighbours and make a steady income with the help of internet service providers and local entrepreneurs to help expand connectivity to underserved locations around the world.
