1. The 2017 Global Tiger Day (GTD) is observed on which date?
[A] July 28
[B] July 29
[C] July 27
[D] July 30
Show Answer
Correct Answer: B [July 29]
Notes:
The International Tiger Day (ITD) is observed every year on July 29 to raise awareness for tiger conservation. The day is also known as Global Tiger Day (GTD). The World Wildlife Fund (WWF) has stated that only 3,890 tigers are left in the world. Of them, India has the highest number. Till July 2016, there were 2,500 tigers in the country.
2. Which among the following represents an example, in which National Income is double counted?
[A] Wages of Bus and Wages of Train Drivers
[B] Coal energy output and hydro electric energy output
[C] Tax receipts and Salaries of Revenue Officers
[D] Cotton Output and Cotton cloth output
Show Answer
Correct Answer: D [Cotton Output and Cotton cloth output]
3. “Cervus elaphus hanglu” is the state animal of which among the following states?
[A] Jammu & Kashmir
[B] Himachal Pradesh
[C] Uttarakhand
[D] Arunachal Pradesh
Show Answer
Correct Answer: A [Jammu & Kashmir]
Notes:
Cervus elaphus hanglu, also known as Hangul or Kashmir red deer, is a subspecies of Central Asian red deer. It is native to India and is found in dense riverine forests in the high valleys and mountains of the Kashmir Valley and northern Chamba district in Himachal Pradesh.
The Hangul is a critically endangered animal. It is listed as critically endangered in the IUCN Red Data Book and is under Appendix – I in CITES listings. The Wildlife Department of Jammu and Kashmir Government launched “Project Hangul” in 1970 to save the Hangul.
The Hangul has a brown coat color with speckled hairs. It has a light rump patch, but not including the tail. The buttocks are greyish white on the inner side, and the upper side of the tail is black.
The Hangul population has seen a marginal increase in Kashmir. In 2019, there were 237 Hanguls, in 2021 there were 261, and in 2023 there were 289. However, the basic demographic ratio of male: female and female: fawn are skewed.
4. Provision Coverage Ratio is associated to which of the following?
[A] Bad Loans
[B] Capital Gain Tax
[C] Base Erosion and Profit Sharing
[D] Ratio of deposits in current and saving accounts
Show Answer
Correct Answer: A [ Bad Loans ]
Notes:
Under Provision Coverage Ratio (PCR), banks set aside funds to cover bad loans. A higher provision coverage ratio means the bank is protecting itself better against its bad loans. It was recently in news when provision coverage ratio for most of the public sector banks went down and quantity of bad loans increased.
5. The term “Budapest Convention” that was recently in news, is associated to which of the following?
[A] Counter-Terrorism
[B] Cyber Crime
[C] Refugees
[D] Exploration and Use of Outer Space
Show Answer
Correct Answer: B [Cyber Crime]
Notes:
The Convention on Cybercrime is also known as the Budapest Convention. It is the first international treaty seeking to address Internet and computer crime by harmonizing national laws, improving investigative techniques, and increasing cooperation among nations. It is supplemented by a Protocol on Xenophobia and Racism committed through computer systems. The Convention was adopted by the Committee of Ministers of the Council of Europe at its 109th session in 2001 and came into effect in 2004.
6. Recently, the Union Cabinet chaired by the Prime Minister has approved the change in definitions of MSMEs based on their annual turnover and investments made in plants. As per new definitions, a medium enterprise is defined as a unit with annual turnover ranging between _?
[A] 5 crore to 10 crore
[B] 10 crore to 50 crore
[C] 50 crore to 75 crore
[D] 75 crore to 250 crore
Show Answer
Correct Answer: D [75 crore to 250 crore]
Notes:
The Union Cabinet chaired by the Prime Minister recently approved the change in definitions of Micro, Small and Medium enterprises based on “investment in plant & machinery/equipment” to “annual turnover” basis. As per new definitions, a micro enterprise will be defined as a unit where the annual turnover does not exceed five crore rupees; a small enterprise will be defined as a unit where the annual turnover is more than five crore rupees but does not exceed Rs 75 crore; and a medium enterprise will be defined as a unit where the annual turnover is more than seventy-five crore rupees but does not exceed Rs 250 crore.
7. Recently, the Ministry of Communications has launched the Cool EMS Service which allows customers in India to import the food items for their personal use from which of the following countries?
[A] Myanmar
[B] Japan
[C] Sri Lanka
[D] Maldives
Show Answer
Correct Answer: B [Japan]
Notes:
Ministry of Communications has launched the Cool EMS Service. It is a one-way service that allows customers in India to import Japanese food for personal use. All the Food items will be carried by Japan Post in special cool boxes containing refrigerant to preserve the quality of the food items and then collected in India.
8. The Hatupur Diamond mineral block, which was recently in news, is located in which state?
[A] Karnataka
[B] Madhya Pradesh
[C] Gujarat
[D] Maharashtra
Show Answer
Correct Answer: B [Madhya Pradesh]
Notes:
Hatupur Diamond mineral block is located in Panna district of Madhya Pradesh. It was in news for being auctioned. As estimated, the Diamond mineral worth Rs 106 crore is available in the Hatupur block.
9. Which two new sectors have been included under the Business Reform Action Plan (BRAP) 2017?
[A] Higher Education and Hospitality
[B] Hospitality and Healthcare
[C] Healthcare and Labour Laws
[D] Labour Laws & Vocational education and training
Show Answer
Correct Answer: B [Hospitality and Healthcare]
Notes:
The Business Reform Action Plan (BRAP) 2017 has been released by the Ministry of Commerce and Industry in partnership with the World Bank Group. The BRAP includes 405 recommendations for reforms on regulatory processes, policies, practices and procedures spread across 12 reform areas, that is, labour regulation enablers; contract enforcement; registering property; inspection reform enablers; single window system; land availability and allotment; construction permit enablers; environmental registration enablers; obtaining utility permits; paying taxes; access to information and transparency enablers and sector specific reforms spanning the lifecycle of a typical business. BRAP 2017 includes two new sectors i.e. Healthcare and Hospitality.
10. What was the motto of the 2018 Commonwealth Games at Gold Coast?
[A] Humanity First
[B] Share the Dream
[C] Dreams First
[D] Humanity and Equality
Show Answer
Correct Answer: B [Share the Dream ]
Notes:
The official motto of the 2018 Commonwealth Games held at Gold Coast is Share the Dream. It was chosen to highlight the dreams and experience at the games that were shared by the participants of the games.