14
Q:

Which country has been started world's first carbon capture plant in October 2017?

 

A) China B) Italy
C) Japan D) Iceland

Answer:   D) Iceland



Explanation:
Subject: General Awareness
Exam Prep: Bank Exams
Q:

Who among the following has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST)?

A) BN Sharma B) Ansul Gupta
C) Shravan Choudhary D) NK Sharma
 
Answer & Explanation Answer: A) BN Sharma

Explanation:

Senior IAS officer BN Sharma has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST). The post of NAAP Chairman is equivalent to the rank of Secretary to Union Government.

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Q:

First payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform is-

A) Paytm Payment Bank B) Airtel Payment Bank
C) India Post Payment Bank D) FINO Payment Bank
 
Answer & Explanation Answer: B) Airtel Payment Bank

Explanation:

Airtel Payments Bank has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform.

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Q:

Which of the following scheme has been launched by the Union Government to supply electricity to poor households?

A) INSPIRE Programme B) Saubhagya
C) Swabhiman D) Swavalamban
 
Answer & Explanation Answer: B) Saubhagya

Explanation:

The Prime Minister Narendra Modi has launched the ‘Saubhagya’ (Sahaj Bijli Har Ghar Yojana) scheme to provide subsidy on equipment like transformers, meters, and wires and is expected to cover allrural families after expected electrification of all villages by the end of 2018.Note:The total outlay for the Saubhagya scheme will be Rs 16,320 crore.

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Q:

Recently, Prime Minister Narendra Modi has inaugurated the 60-megawatt Tuirial Hydroelectric power project. The project is being constructed in which of the following state?

A) Sikkim B) Assam
C) Meghalaya D) Mizoram
 
Answer & Explanation Answer: D) Mizoram

Explanation:

The 60-megawatt Tuirial Hydroelectric power project has been inaugurated by PM from Aizawal, Mizoram. Now Mizoram has become third power-surplus state in North-East after Sikkim and Tripura.Note: Tuirial Dam is an earth fill and gravity dam near Kolasib in the state of Mizoram in India.

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1 761
Q:

Which of the following Cryptocurrency Dealers launched India’s first mobile ‘Bitcoin trading' app for transacting in virtual currencies?

A) EtherDelta Exchange B) BitFin Exchange
C) Venus Exchange D) Pluto Exchange
 
Answer & Explanation Answer: D) Pluto Exchange

Explanation:

Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India’s first mobile ‘Bitcoin trading app’ fortransacting in virtual currencies. Users of Pluto Exchange’s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).

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Q:

Who among the following has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank of International Settlement (BIS)’?

A) Arvind Subramanian B) Amartya Sen
C) Raghuram Rajan D) Urjit Patel
 
Answer & Explanation Answer: D) Urjit Patel

Explanation:

The Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank ofInternational Settlement (BIS)’. The Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups.Note:The ‘Financial Stability Institute Advisory Board’ of BIS assists financial sector authorities worldwide in strengthening their financial systems.

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Q:

Which of the following is not allowed to trade in over-night borrowing market?

A. Scheduled commercial banks

B. Regional rural bank

C. Cooperative banks

D. Primary dealers

A) Only A and B B) Only B
C) Only A, B, And D D) Only A And D
 
Answer & Explanation Answer: B) Only B

Explanation:

The regional rural bank is not allowed to trade in over-night borrowing market.Scheduled commercial banks (excluding RRBs), co-operative banks (other than Land Development Banks) and Primary Dealers (PDs), are permitted to participate in call/notice money market both as borrowers and lenders.Overnight borrowing market, also known as call market, generally involves borrowing and lending of funds for one day and generally takes place against government securities.

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Q:

Recently which bank announced to raise Rs 3,000 Crore via Basel III bonds?

A) ICICI Bank B) Union Bank of India
C) Allahabad Bank D) IDBI BANK
 
Answer & Explanation Answer:

Explanation:

Bank of Baroda (BoB) announced to raise Rs. 3,000 Crore through Basel III compliant bonds.

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