Q:

The Wassenaar Arrangement has decided to admit India as its new member. Which of the following is correct with respect to the Wassenaar Arrangement?

A) It is a non-government organization B) It is a multilateral export control regime
C) It promotes transparency and greaterresponsibility in transfer of conventional arms& dual-use goods & technologies D) Both B & C
 
Answer & Explanation Answer: D) Both B & C

Explanation:

The Wassenaar Arrangement is a multilateral export control regime and plays a significant role in promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies. It has decided to admit India as its new member which would enhance its credentials in the field of non-proliferation despite not being signatory to Non-Proliferation Treaty.

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Filed Under: General Awareness

1 1027
Q:

Which of the following is the official emblem for the Beijing 2022 Paralympic Winter Games?

A) Flying high B) Winter Dreams
C) Fight D) Winter Flame
 
Answer & Explanation Answer: A) Flying high

Explanation:

The official emblem for the Beijing 2022 Paralympic Winter Games is ‘Flying High’ and for Beijing 2022 Olympic Games is ‘Winter Dreams’

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Filed Under: Sports

0 856
Q:

Union Minister of Road Transport and Highways Nitin Gadkari represent which constituency?

A) Nagpur B) Kolhapur
C) Pune D) Satara
 
Answer & Explanation Answer: A) Nagpur

Explanation:

Minister of Road transport and Highways, Shipping, Water Resources, River development and Ganga rejuvenation Nitin Gadkari represents Nagpur constituency from Maharashtra in Lok Sabha.

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Filed Under: Indian Geography

2 1207
Q:

Which of the following Acts has specially been launched to facilitate banks in recovery of bad loans?

A) RBI Act B) Banking Act
C) Companies Act D) Income Tax Act
 
Answer & Explanation Answer:

Explanation:

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) empowers Banks / Financial Institutions to recover their non-performing assets without the intervention of the Court.

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Filed Under: Indian Politics

0 1264
Q:

Recently, the 2017 Global Hunger Index is published. What is the position of India in this index?

A) 97th B) 98th
C) 100th D) 102nd
 
Answer & Explanation Answer: C) 100th

Explanation:

India ranks 100th(last year 97thposition) out of 119 countries on the 2017 Global Hunger Index which is published by International Food Research Institute.India has “serious” hunger problems, and has third highest score in all of Asia.

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Filed Under: General Awareness

0 941
Q:

Who among the following has been elected as President of Indian Olympic Association for four year term?

A) Narendra Rao B) Nikhil Bhandari
C) Naresh Singh D) Narinder Batra
 
Answer & Explanation Answer: B) Nikhil Bhandari

Explanation:

International Hockey Federation chief Narinder Batra has been elected as President of Indian Olympic Association for four year term at its annual general meeting.

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Filed Under: General Awareness

0 902
Q:

Under which of the following Union Ministries has India’s first and fastest multi-petaflops supercomputer ‘Pratyush’ been designed?

A) Ministry of Earth Sciences B) Ministry of Electronics and Information Technology
C) Ministry of Defence D) Ministry of Space
 
Answer & Explanation Answer: A) Ministry of Earth Sciences

Explanation:
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Filed Under: Indian Politics

3 1400
Q:

Consider the following statements with respect to Bitcoins or 'cryptocurrencies' as they are commonly known; I. Bitcoin is a decentralized electronic payment system II. Only a finite number of bitcoins can be created by miners III. Bitcoins are indivisible units of currency IV. Every single bitcoin transaction is recorded in a ledger called the blockchain. Which of the above statements are correct?

A) (i), (ii) and (iii) B) (i), (iii) and (iv)
C) (i), (ii) and (iv) D) (i), (ii), (iii) and (iv)
 
Answer & Explanation Answer: C) (i), (ii) and (iv)

Explanation:

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. Bitcoin is created digitally, by a community of people that anyone canjoin. Bitcoins are ‘mined’, using computing power in a distributed network.This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.The bitcoin protocol –the rules that make bitcoin work –say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ‘Satoshi’, after the founder of bitcoin). Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.

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Filed Under: Indian Economy

0 1104