Tuesday, September 6, 2016

Q1. Name the head of state-run Life Insurance Corp (LIC), the biggest single investor in the country, has tendered his resignation two years before his term was due to end?
(a) SK Roy
(b) TS Vijayan
(c) RS Sharma
(d) TM Bhasin
(e) Nikesh Arora
S.K. Roy, the head of state-run Life Insurance Corp (LIC), the biggest single investor in the country, has tendered his resignation two years before his term was due to end, two sources with direct knowledge.

Q2. Which of the following place Shanghai Cooperation Organisation (SCO) summit was held recently?
(a) Beijing, China
(b) Ufa, Russia
(c) New Delhi, India
(d) Tashkent, Uzbekistan
(e) None of the above
Members, observers, and guests of the Shanghai Cooperation Organization (SCO) have gathered in Tashkent, Uzbekistan, for their annual summit. The multilateral organization concerns itself with the full kitchen-sink of topics–political, economic, security–but often seems to have little or no actual direction. The two-day summit will touch on the evergreen issues that plague the region: primarily security concerns stemming from Afghanistan and international terrorism.

Q3. India became the _______ largest recipient of foreign direct investment in 2015 in the world, grossing $44 billion following a series of reforms by the government, as per the latest World Investment Report released by the United Nations Conference on Trade and Development (UNCTAD).
(a) Ninth 
(b) Second
(c) Sixth
(d) Fourth
(e) Tenth
India became the tenth largest recipient of foreign direct investment in 2015 in the world, grossing $44 billion following a series of reforms by the government, as per the latest World Investment Report released by the United Nations Conference on Trade and Development (UNCTAD). 

Q4. The Cabinet approved an extension in the deadline for implementing the Ujjwal Discom Assurance Yojana (UDAY) by a year to..........?
(a) December 31, 2017
(b) March 31, 2018
(c) June 30, 2018
(d) March 31, 2017
(e) May 31, 2019
The UDAY scheme is aimed at bringing ailing power distribution companies (discoms) to a state of operational efficiency, with state governments taking over up to 75 per cent of their respective discoms’ debt and issuing sovereign bonds to pay back the lenders. The Cabinet decision extends this provision from the earlier deadline of March 31, 2016.

Q5. Name the renowned Telangana poet and lyricist who has passed away recently.
(a) Nida Fazli 
(b) Shankardas Kesarilal
(c) Guda Anjaiah
(d) Vishweshwar Sharma 
(e) None of the above
Guda Anjaiah was born in Lingapuram of Dandepally Mandal of Adilabad District. His Famous songs ‘Nenu Ranu Biddo Mana Ooru Davakhanaku’ , E Ooru Manadi ra E Vaada manadhi ra’ are few popular ones to mention here. He had written many songs for Telangana. Here are the few movie names. Poru Telangana (2011), Veera Telangana (2010).

Q6. The Union Cabinet approved the mega spectrum auction plan, which is estimated to fetch about how much to the exchequer?
(a) Rs 5.66 lakh crore
(b) Rs 12.20 lakh crore
(c) Rs 7.26 lakh crore
(d) Rs 15.45 lakh crore 
(e) None of the above
The Union Cabinet today approved the mega-spectrum auction plan which is estimated to fetch about Rs 5.66 lakh crore to the exchequer. Government expects to raise at least Rs 64,000 crore from the auction of about 2300 Mhz of spectrum and Rs 98,995 crore from various levies and services in the telecom sector.

Q7. To commemorate the 2nd International Day of Yoga, _____________ Postal circle on 21 June 2016 released “Information booklet, Stamps on Yoga” and “12 stamps on Suryanamaskarams”.
(a) Haryana
(b) Bihar
(c) Uttar Pradesh
(d) Andhra Pradesh
(e) Telangana
To commemorate the 2nd International Day of Yoga, Andhra Pradesh Postal circle on 21 June 2016 released “Information booklet, Stamps on Yoga” and “12 stamps on Suryanamaskarams”. The booklet contains illustrations and description of 24 yoga asana (postures). It also provides a brief description on the various Yoga postures depicted in the original Stamps. The booklet contains four Commemorative stamps released in 1991 on various yoga postures-- Bhujangasana, Dhanurasana, Ushtrasana and Utthita Trikonasana.

Q8. The Export-Import Bank of India (Exim Bank) has sought additional equity infusion from the Centre this fiscal. The specialised lending institution is seeking an additional Rs...............?
(a) Rs 1000 crore
(b) Rs 900 crore
(c) Rs 1300 crore
(d) Rs 500 crore
(e) Rs 800 crore
The Export-Import Bank of India (Exim Bank) has sought additional equity infusion from the Centre this fiscal. The specialised lending institution has so far received about ?500 crore and is seeking an additional ?800 crore. According to Yaduvendra Mathur, CMD, Exim Bank, growth in FY17 may be “muted” due to equity constraints and also because of the new India Development Economic Assistance Scheme (IDEAS) guidelines.

Q9. Government has extended the date for reporting details of accounts under Foreign Account Tax Compliance Act (FATCA) by six months to.............?
a) September 30, 2016
b) March 31, 2017
c) December 31, 2016
d) November 30, 2016
e) None of the above
The revenue department has extended the date for reporting details of accounts under Foreign Account Tax Compliance Act (FATCA) by six months to December 31, 2016, and excluded two types of entities from the purview of the Act. Under the amended rules, the reporting of the high value account as on December 31, 2015, by foreign financial institutions based in India under FATCA should be completed by December 31, 2016, instead of June 30, 2016.

Q10. The Reserve Bank of India (RBI) has released its much awaited _________ document, aims at building best of class payment and settlement systems for a 'less-cash' India and ensuring access of mobile banking services to even basic phone users.
(a) Easily-2018
(b) Aim-2018
(c) Vision-2018
(d) Portal-2018
(e) None of the above
The Reserve Bank of India (RBI) has released its much awaited 'Vision-2018' document. The 'Payment and Settlement Systems in India: Vision-2018' aims at building best of class payment and settlement systems for a 'less-cash' India and ensuring access of mobile banking services to even basic phone users.

Q11. Which company has announced the appointment of Sanjay Malik as the head of Indian market, effective from August 1, 2016?
(a) Facebook
(b) Microsoft
(c) Google
(d) Yahoo
(e) Nokia
Nokia announced the appointment of Sanjay Malik as the head of Indian market, effective August 1. Malik is currently Head of Network Implementation (NI) at Nokia Global Services and is credited with efficiently driving growth and delivering strong performance both in terms of revenue and operational efficiency

Q12. Who is appointed as the chairman of three-member UN commission (committee) to monitor the human rights situation in South Sudan recently?
(a) Yasmin Sooka
(b) Anne Hathaway
(c) Novak Djokovic
(d) Kailash Satyarthi
(e) None of the above
South African Indian-origin lawyer Yasmin Sooka has been appointed to chairman of three member UN commission (committee) to monitor the human rights situation in South Sudan. The committee was constituted by the United Nations Human Right Council (UNHRC) resolution 31/20 which was adopted by consensus, the 47-member body.

Q13. The twenty-fifth GD Birla Award for Scientific Research for 2015 has been awarded to _________ from the Department of Aerospace Engineering, Indian Institute of Technology, Kanpur recently.
(a) Prof. SK Saha
(b) Prof. Hirani Harish 
(c) Prof. Seth Kiran
(d) Prof. Sanjay Mittal
(e) None of the above
The twenty-fifth G. D. Birla Award for Scientific Research for 2015 has been awarded to Prof. Sanjay Mittal from the Department of Aerospace Engineering, Indian Institute of Technology, Kanpur. Prof. Mittal’s significant contributions have been in the area of Bluff Body Flows — flows past blunt bodies associated with large unsteady separation and leading to large fluid forces. He was instrumental in establishing the High Performance Computing (HPC) facility at IIT Kanpur and heads the National Wind Tunnel Facility.

Q14. India is all set to join the Missile Technology Control Regime (MTCR) tomorrow as a full member. India will become _______ member of MTCR.
(a) 20th
(b) 35th
(c) 40th
(d) 16th
(e) 34th
In its first entry into any multilateral export control regime, India will  join the Missile Technology Control Regime (MTCR) as a full member, three days after it failed to get NSG membership due to stiff opposition from China and a few other countries.

Q15. Which of the following state government has approved a proposal of the Panchayati Raj department to add 500 new gram panchayats before the 2017 three-tier panchayat polls?
(a) Bihar
(b) Rajasthan
(c) Odisha
(d) West Bengal
(e) Punjab
Odisha government approved a proposal of the Panchayati Raj department to add 500 new gram panchayats before the 2017 three-tier panchayat polls. The decision has been taken based on the recommendation received from the district level, said secretary to Panchayati Raj department Deo Ranjan Singh. The state presently has 6,211 panchayats.

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