1. Recently, Stock market regulator SEBI has imposed trade restrictions on 331 firms which are suspected of being “shell companies”. Which of the following is NOT an activity generally carried out using shell companies?
[A] Trade and normal business
[B] Financial manoevour for some unstated objectives
[C] Illegal financial activities
[D] Violation of intellectual rights and properties
Show Answer
Correct Answer: A [ Trade and normal business ]
Notes:
Shell companies are created for unstated / hidden objectives of financial manoeuvres and not for normal trade.
2. The Union Cabinet has recently approved the launch of Ayushman Bharat -National Health Protection Mission (AB-NHPM). The meeting was chaired by whom?
[A] Rajnath Singh
[B] Prakash Javadekar
[C] Narendra Modi
[D] Radha Mohan Singh
Show Answer
Correct Answer: C [Narendra Modi ]
Notes:
The Union Cabinet meeting chaired by Prime Minister Narendra Modi has recently approved the launch of Ayushman Bharat -National Health Protection Mission (AB-NHPM) in New Delhi on March 21, 2018. The scheme has the benefit cover of Rs 5 lakh per family per year. The target beneficiaries under the scheme will be over 10 crore poor and vulnerable families. The benefits of the scheme are portable across the country. A beneficiary will be allowed to take cashless benefits from any public and private empaneled hospitals across the country. The AB-NHPM will subsume the ongoing centrally sponsored schemes- Rashtriya Swasthya Bima Yojana (RSBY) and senior citizen health insurance scheme.
3. The Raneh waterfall is located on which river in Madhya Pradesh?
[A] Kali Sindh
[B] Narmada
[C] Ken
[D] Tapti
Show Answer
Correct Answer: C [Ken]
Notes:
The Raneh Falls is a natural water fall located in Chhatarpur district of Madhya Pradesh on Ken River. It is situated about 20 km away from world famous heritage site Khajuraho. The waterfall is also close to Panna Tiger Reserve and Ken crocodile sanctuary. It was awarded the Best Holiday Award for 2017.Tourists from all over the country and abroad come here every year to enjoy the natural beauty. The Ken River here runs through a narrow gorge of igneous rocks rich in Granite and Dolomite. The Pandav Falls in Panna National Park is also located nearby.
4. In astronomical context, the terms Great Red Spot and String of Pearls are associated with which planet?
[A] Mars
[B] Jupiter
[C] Saturn
[D] Earth
Show Answer
Correct Answer: B [ Jupiter]
Notes:
NASA’s Juno spacecraft, which successfully entered the orbit of Jupiter on July 4, 2016, has revealed several secrets of the Planet Jupiter. The Great Red Spot is a giant, spinning and persistent storm in Jupiter’s atmosphere, like a hurricane on Earth, and is almost twice the size of our planet earth. It has been discovered in southern hemisphere of Jupiter and is observed since 400 years. Similarly, String of Pearls are massive counter clockwise rotating storms that appear as white ovals in Jupiter’s southern hemisphere.
5. The ‘Express Wi-Fi’ project, which was recently in news, is associated to which of the following organizations?
[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.
6. The recently launched “Sachet” portal by the RBI aims to:
[A] curb illegal collection of money by companies
[B] avail various loan schemes to students
[C] enhance inclusive access of credit to the excluded segments of the society
[D] provide financial assistance to technically qualified, trained and experienced entrepreneurs for setting up new viable industrial projects
Show Answer
Correct Answer: A [curb illegal collection of money by companies]
Notes:
First option is the correct answer
Recently, the Reserve Bank of India (RBI) launched the “Sachet” portal to curb illegal collection of money by companies. This website will enable public to obtain information regarding entities that accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits.
7. India’s first International Arbitration Centre has been inaugurated at which of the following places?
[A] Ahmedabad, Gujarat
[B] Mumbai, Maharashtra
[C] Hyderabad, Telangana
[D] Kolkata, West Bengal
Show Answer
Correct Answer: B [Mumbai, Maharashtra]
Notes:
The first International Arbitration Centre of India was recently inaugurated in Mumbai, Maharashtra. It aims to provide an arbitration platform for Indian business houses to negotiate commercial disputes. The MCIA will be an independent, not-for-profit organization (NGO) governed by a council comprising eminent national and international legal luminaries.
8. The 12th G-20 Summit in 2017 is scheduled to be held in which country?
[A] China
[B] Germany
[C] Turkey
[D] Australia
Show Answer
Correct Answer: B [Germany]
Notes:
The 12th G-20 Summit is scheduled to be held on 7–8 July 2017 in Germany.
9. Which of the following statements is correct about the recently launched SAMEEP programme?
[A] It aims at improving the living condition and education levels of orphan and vulnerable children in the country.
[B] It aims to promote Indian foreign policy and its global engagements to students across the country.
[C] It intends to establish a mechanism to connect the government directly with citizens by running mailer, outbound dialing and SMS campaigns.
[D] It aims to facilitate the rural poor with legal advice in civil matters.
Show Answer
Correct Answer: B [It aims to promote Indian foreign policy and its global engagements to students across the country.]
Notes:
The ministry of external affairs has launched the SAMEEP programme. SAMEEP stands for Students and Ministry of External Affairs Engagement Programme. The programme aims to promote Indian foreign policy and its global engagements to students across the country. The officers associated with the MEA will travel to their hometown and particularly to their alma mater and educate the students at school and college levels about the Indian Foreign Policy, its engagements with countries on different matters and the way in which diplomacy is in actual conducted.
10. Who was awarded the WTA’s Player of the Year 2018?
[A] Serena Williams
[B] Garbine Muguruza
[C] Victoria Azarenka
[D] Simona Halep
Show Answer
Correct Answer: D [Simona Halep ]
Notes:
Simona Halep was the most active player after 2017 Wimbledon Championships. She stayed in Top 10 for most consecutive weeks. Halep also won the WTA’s Fan Favorite Singles Player in 2017 and also WTA’s Player of the Year 2018.
