1. Bajrang Punia has clinched gold in which wrestling category at the 2018 Yasar Dogu International tournament?
[A] 68kg
[B] 57kg
[C] 85kg
[D] 71kg
Show Answer
Correct Answer: D [71kg]
Notes:
Wrestler Bajrang Punia has clinched gold in the 71kg freestyle at the 2018 Yasar Dogu International in Istanbul, Turkey. It was his second consecutive gold medal, after he recently won gold at the 2018 Tbilisi Grand Prix in Georgia. Meanwhile, Sandeep Tomar finished with silver after losing 2-8 in the 61kg final against Iran’s Mohammad bagher Yakhkeshi. In the women’s competition, Pinki was the lone gold medallist in the 55kg category with her 6-3 win over Ukraine’s Olga Shnaider. Beside this, Sangeeta Phogat (59kg) and Geeta (65kg) won bronze medals in their respective categories. Overall, Indian wrestlers returned with 10 medals, including 7 by women in the event.
2. Who among the following has been honoured with 2016 Green Economy Visionary Award?
[A] R Seetharaman
[B] Arundhati Bhattacharya
[C] Renu Sud Karnad
[D] Naina Lal Kidwai
Show Answer
Correct Answer: A [ R Seetharaman ]
Notes:
R Seetharaman, a Qatar-based Indian banker has been awarded for his contribution in environment-friendly activities and for promoting green economy for nearly two decades. R Seetharaman, group chief executive officer of Doha Bank, was honoured with the 'Green Economy Visionary award' at the 2016 Union of Arab Banks International Banking Summit held in Rome.
3. If the frequency of a sound wave is reduced to half of its original value, then the speed of sound wave will:
[A] reduce to half of its original value
[B] double to that of its original value
[C] increase fourfold of its original value
[D] remain same
Show Answer
Correct Answer: A [ reduce to half of its original value]
Notes:The frequency and wavelength formulas of sound waves is given as follows:
. In the above, Greek letter lambda λ is the symbol for wavelength.
4. The Finance Ministry recently asked the CPSEs for issuance of “bonus shares” to prevent “fiscal crunch”. Which of the following best defines “bonus shares”?
[A] Bonus shares are additional shares given to the existing shareholders of a company without any additional cost.
[B] Bonus shares are additional shares issued at prices above the par value of shares to existing shareholders.
[C] Bonus shares are shares issued at discount on par value of shares to add new shareholders in a company.
[D] Bonus shares are issued at discount on par value of shares with promise to redeem at fixed dividend rate.
Show Answer
Correct Answer: A [ Bonus shares are additional shares given to the existing shareholders of a company without any additional cost. ]
Notes:
Bonus shares are gifts to existing shareholders as the company issues additional shares to them at no cost. Issuing of bonus shares further attaracts new investors to company.
5. The Department of Industrial Policy and Promotion (DIPP) has recently announced setting up India’s first Technology and Innovation Support Centre (TISC) in which of the following states?
[A] Jammu & Kashmir
[B] Punjab
[C] Maharashtra
[D] Tamil Nadu
Show Answer
Correct Answer: B [Punjab]
Notes:
The Department of Industrial Policy and Promotion (DIPP) has recently signed an institutional agreement with Punjab State Council of Science and Technology to set up India’s first Technology and Innovation Support Centre (TISC) in Punjab. This initiative has been taken under the World Intellectual Property Organisation’s (WIPO) TISC programme. It aims to stimulate a dynamic, vibrant, and balanced Intellectual Property Rights (IPRs) system in the country to foster creativity and innovation and promote entrepreneurship.
6. The term Common Risk Mitigation Mechanism (CRMM), sometimes seen in news, is associated to:
[A] accelerate the global solar power production
[B] prevent new disasters and reduce existing disaster risks
[C] ensure the safe use of cyberspace
[D] reduce tariffs as well as non-tariff barriers and foster international trade
Show Answer
Correct Answer: A [accelerate the global solar power production]
Notes:One of the stated objectives of Paris Agreement of 2015 was making finance flows consistent towards low greenhouse gas emissions and climate-resistant development. To achieve the same, recently in May, 2017, 16 countries of International Solar Alliance jointly commissioned to define and structure the Common Risk Mitigation Mechanism for solar power generation projects. The instrument aims to:
- set up a secure environment for private investors to invest in solar projects
- lower the cost of finance for renewable energy and the overall price of electricity enlarge the total size of the renewable energy market by making investments in renewables
- diversify and pool risks on mutualised public resources and unlock significant investments
7. The Economic Survey 2017-18 describes “low equilibrium trap”. In this context, which of the following is the correct definition of the same?
[A] It is a situation for middle-income countries where they are not able to move up to the higher income status due to the operational loopholes.
[B] It is a condition when a person is unable to generate enough income to invest or save and his earning is suitable for hand to mouth.
[C] It is a situation when due to low profits; the corporates are unable to repay their loans and debts thereby generating NPAs for banks.
[D] It is a condition in which a government depends highly on short-term deficit financing to meet its promised expenditures.
Show Answer
Correct Answer: B [It is a condition when a person is unable to generate enough income to invest or save and his earning is suitable for hand to mouth.]
Notes:
The Low Equilibrium Trap is an economic concept given by Richard R. Nelson. It is an economic situation in which the per capita income is too low to save or invest a part of it. The individuals in such economies live hand to mouth. Also the low level of investment results in a low rate of growth in national income. As per Richard Nelson, there are four reasons for “Low Equilibrium Trap” viz. a high correlation between the level of per-capita income and the rate of population growth; low propensity to direct additional per-capita income to increase in per-capita investment; scarcity of uncultivated arable land and Inefficient production methods.
8. Recently, Prime Minister Narendra Modi inaugurated the country’s longest road tunnel called Chenani-Nashri Tunnel. The tunnel is located in which state of India?
[A] Jammu & Kashmir
[B] Himachal Pradesh
[C] Arunachal Pradesh
[D] Sikkim
Show Answer
Correct Answer: A [Jammu & Kashmir]
Notes:
Recently, Prime Minister Narendra Modi inaugurated the longest road tunnel named Chenani-Nashri Tunnel, located in Jammu & Kashmir. It is the 9-km-long tunnel built at an altitude of 1200 meters, and it passes through the lower Himalayan mountain range on Jammu-Srinagar National Highway 44. It cuts the distance between Jammu and Srinagar to around 250 km from the current 350 km. It is also Asia’s longest bi-directional highway tunnel.
9. Which of the following ministries organized the International conference on the VISION ZERO?
[A] Ministry of Labour and Employment
[B] Ministry of Environment, Forest and Climate Change
[C] Ministry of Agriculture and Farmers Welfare
[D] Ministry of New and Renewable Energy
Show Answer
Correct Answer: A [Ministry of Labour and Employment]
Notes:
The international conference on the VISION ZERO and its relevance to Occupational Safety and Health (OSH) is being organized from 15th to 17th, March 2017 at Vigyan Bhavan, New Delhi by Directorate General Factory Advice and Labour Institutes (DGFASLI).
10. Which two Indians are among the 2016 Ramon Magsaysay Award winners?
[A] Bezwada Wilson and Thodur Madabusi Krishna
[B] Sanjiv Chaturvedi and Himanshu Aggarwal
[C] Mandakini Amte and Prakash Amte
[D] Arun Shourie and Palagummi Sainath
Show Answer
Correct Answer: A [Bezwada Wilson and Thodur Madabusi Krishna]
Notes:
Bezwada Wilson is one of the founders and National Convenor of the Safai Karmachari Andolan (SKA), and an Indian human rights organization that has been campaigning for the eradication of manual scavenging, the construction, operation and employment of manual scavengers has been illegal in India since 1993. On 27 July 2016, he was honoured with the Ramon Magsaysay Award. Thodur Madabusi Krishna is a Carnatic music vocalist. He received the Ramon Magsaysay Award on 27 July 2016. The Ramon Magsaysay Award is an annual award named after the former Philippine President Ramon Magsaysay.
