Q:

Who was the first President of the Indian National Congress?

A) Womesh Chunder Bonnerjee	B) Bal Gangadhar Tilak
C) Allan Octavian Hume	D) Dadabhai Naorji

Answer & Explanation Answer: A) Womesh Chunder Bonnerjee

Explanation:

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Q:

Collab is the new music video application launched by which major company?

A) Amazon	B) Apple
C) Microsoft	D) Facebook

Answer & Explanation Answer: D) Facebook

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Q:

In October 2017, who launched India’s 3rd biggest ‘Initial Public Offering (IPO)’ of Rs 11,370 crore?

A) Reliance Industries Ltd	B) GIC Re
C) Coal India Ltd	D) Infosys

Answer & Explanation Answer: B) GIC Re

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Q:

What is MUDRA?

A) Development and Refinance Agency	B) Scheme for Agricultural Insurance
C) New Planet Discovered	D) Development and Regulatory Authority for Urban Township

Answer & Explanation Answer: A) Development and Refinance Agency

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Q:

From where was Mangalyan launched?

A) Chennai	B) Sriharikota
C) Trombay	D) Gopalpur, on sea

Answer & Explanation Answer: B) Sriharikota

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Q:

Who took over as the new chairman of the Tata Sons owned Vistara Airline in 2016? Prior to this, he was the Managing Director of Titan for a long time.

A) Ramadurai	B) Bhaskar Bhatt
C) Cyrus Mistry	D) N Chandrashekaran

Answer & Explanation Answer: B) Bhaskar Bhatt

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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate	B) Repo rate
C) Reserve repo rate	D) Marginal Standing Facily

Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata	B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore	D) Mumbai, Kolkata, Hyderabad, NOIDA

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