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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:

The highest number of tube wells is found in which one of the following countries?

A) India B) Saudi Arabia
C) America D) China
 
Answer & Explanation Answer: A) India

Explanation:
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Q:

Which country has approved more than 500 new settler homes in East Jerusalem?

A) USA B) UAE
C) Israel D) United Kingdom
 
Answer & Explanation Answer: C) Israel

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Q:

Invisible export means export of ___________

A) services B) prohibited goods
C) restricted goods D) goods as per OGL list
 
Answer & Explanation Answer: A) services

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Q:

Who is the present (2017) Secretary General of SAARC?

A) Tajuddin Ahmed B) Mujibur Rehman
C) Muhammad Mansur Ali D) Mr. Amjad Hussain B. Sial
 
Answer & Explanation Answer: D) Mr. Amjad Hussain B. Sial

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Q:

In the context of elections in India, which one of the following is the correct full form of VVPAT?

A) Voter Verifiable Poll Audit Trail B) Voter Verifying Paper Audit Trail
C) Voter Verifiable Paper Audit Trail D) Voter Verifiable Paper Account Trail
 
Answer & Explanation Answer: C) Voter Verifiable Paper Audit Trail

Explanation:

Voter Verifiable Paper Audit Trail (VVPAT) machines are used during election process to verify that the vote polled by a voter goes to the correct candidate. VVPATs are a second line of verification particularly and are particularly useful in the time when allegations around Electronic Voting Machines' tampering crop up.

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Q:

What is the name of country whose capital is Lusaka and currency is Kwacha?

A) Yemen B) Uganda
C) Zambia D) Somalia
 
Answer & Explanation Answer: C) Zambia

Explanation:

The Republic of Zambia is a landlocked country in Southern Africa. The capital city is Lusaka and currency is Kwacha.

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Q:

Y. H. Malegam Committee is an expert committee constituted by Reserve Bank Of India to look into which of the following issues?

I. Classification of bad loans

II. Effectiveness of adults

III. Rising incidents of frauds

A) Only I and I B) Only II and II
C) Only I and II D) All I, II and III
 
Answer & Explanation Answer: D) All I, II and III

Explanation:
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