1. Which country to host 2017 board of governors meeting of Asian Infrastructure Investment Bank (AIIB)?
[A] South Korea
[B] China
[C] India
[D] South Africa
Show Answer
Correct Answer: A [South Korea ]
Notes:
The 2nd annual meeting of the board of governors of the Asian Infrastructure Investment Bank (AIIB) will be held in Jeju, South Korea from June 14-15, 2017. The purpose of the AIIB is to promote economic development of the region by supporting major infrastructure projects. From India, Finance Minister Arun Jaitley will attend the meeting. AIIB is headed by Jin Liqun, the former Assistant Chinese Finance Minister. D J Pandian from India is the Vice President and Chief Investment Officer of the organization.
2. What is the equity of Reserve bank of India in National Housing Bank ?
[A] 49%
[B] 50%
[C] 75%
[D] 0%
Show Answer
Correct Answer: D [0%]
Notes:
Before April 2019, National Housing Bank (NHB) was a wholly-owned subsidiary of RBI. RBI sold its 100% equity to government in 2019 and now its owner is Government of India. This was done to end the cross-holding in the regulatory institutions as per the Narasimham-II committee report’s recommendations.
3. Which of the following is not among the African countries in which Indian government has recently decided to open 18 new missions?
[A] Burkina Faso
[B] Cape Verde
[C] Chad
[D] South Africa
Show Answer
Correct Answer: D [ South Africa ]
Notes:
The new missions will be opened in Burkina Faso, Cameroon, Cape Verde, Chad, Republic of the Congo, Djibouti, Equatorial Guinea, Eritrea, Guinea, Guinea Bissau, Liberia, Mauritania, Rwanda, Sao Tome and Principe, Sierra Leone, Somalia, Swaziland and Togo. Currently, India has 29 resident missions in Africa.
4. Identify the fauna with the help of given information:
- This species was for long known to be endemic to Satpura ranges but recently has been recorded in northern Western Ghats
- It has been listed as critically endangered in the IUCN list
- The species is very small in size with very large talons and prefers mixed deciduous forests with dense undergrowth and mature softwood trees
Select the correct answer from options given below:
[A] Brown palm civet
[B] Forest owlet
[C] Pygmy hog
[D] Great Indian hornbill
Show Answer
Correct Answer: B [ Forest owlet]
Notes:
All given features are of Forest owlet
5. 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.
6. Which of the following bodies has been abolished in Budget 2017?
[A] Indian Railways Finance Corporations (IRFC)
[B] Project Exports Promotion Council of India (PEPC)
[C] Intellectual property Appellate Board (IPAB)
[D] Foreign Investment Promotion Board (FIPB)
Show Answer
Correct Answer: D [ Foreign Investment Promotion Board (FIPB) ]
Notes:
The Foreign Investment Promotion Board (FIPB) was a national agency of Government of India, which was responsible to consider or give approval to FDI in India. FIPB is now abolished as announced by Finance Minister Arun Jaitley during 2017-2018 budget speech in Lok Sabha.
7. Recently, scientists have unveiled the world’s most powerful X-ray machine called European X-ray Free Electron Laser (XFEL). It is installed in which of the following countries?
[A] France
[B] Germany
[C] Norway
[D] Switzerland
Show Answer
Correct Answer: B [Germany]
Notes:
World’s One of the most powerful X-ray machines called European X-ray Free Electron Laser (XFEL has officially opened at Hamburg, Germany. It is capable of firing powerful X-rays in bursts in less than seconds: so short that, like strobe lights, they can capture snapshots of jittery molecules frozen in time, and with a wavelength small enough to provide pictures at atomic resolution. The Hamburg machine is one of a few such X-ray lasers worldwide, but boasts a unique rapid-fire feature: it can rattle off 27,000 pulses every second, a firing rate more than 200 times greater than the next-fastest facility.
8. India’s first solar power-run micro irrigation project under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) has been recently launched in which state?
[A] Uttar Pradesh
[B] Haryana
[C] Madhya Pradesh
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Haryana]
Notes:
India’s first solar-based micro irrigation project has been recently launched at Dera Fateh Singh village in Pehowa in Kurukshetra district of Haryana. It is the country’s first pilot project on micro irrigation under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY). Under the Central government’s initiative “more crop, per drop”, the project will draw energy from solar panels and the power grid. Recently, Manohar Lal Khattar, Chief Minister of Haryana announced 85 per cent subsidy for solar power-run micro irrigation projects in 36 administrative blocks that are facing acute depletion of underground water table.
9. 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.
10. The “STRAND LB” test, which was recently in news, is used to detect:
[A] Cancer
[B] Tuberculosis (TB)
[C] HIV/AIDS
[D] Swine flu
Show Answer
Correct Answer: A [Cancer]
Notes:
Recently, Strand Life Sciences has launched a Liquid Biopsy test portfolio, called STRAND LB that provides highly sensitive detection of tumour traces from a simple blood draw. The test is helpful in detecting the wide variety of cancer types – including lung, colorectal, breast, and bladder cancer.
