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Saturday, March 28, 2015

DAILY FREE CURRENT AFFAIRS 28 MARCH 2015

DAILY CURRENT AFFAIRS 28 MARCH 2015
Shared By: WWW.DailyGk.IN

1. JOHN NASH WON ABEL PRIZE 2015:
A. Nobel laureate John F Nash won the Abel prize 2015 for his work on partial differential equations.
B. John Nash will share the prize with Louis Nirenberg, professor emeritus at New York university courant institute of Mathematical Science.
C. John Nash, on American Mathematician and Louis Nirenberg, a Canadian, American Mathematician will share the prize money of 76000 U.S. Dollar.
 NOTE: - JOHN Nash shared the nobel prize in economic sciences with game theorists reinhard selten and john harsanyi in 1994.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
Q.1 With which scientist did john nash shared his abel prize 2015?
A. John Harsanyi
B. Reihard selton
C. Louis Nirenberg
D. Albert W. Tucker

2. ADB BROADCASTED ASIAN DEVELOPMENT OUTLOOK 2015:
A. Asian development bank broadcasted asian development outlook report titled, “financing Asia’s future growth”.
B. The report highlighted that India will grow at the rate of 7.4 percent in FY 2014, 7.8 percent in FY 2015 and 8.2 percent in FY 2016.
C. According to report Asia will grow at a rate of 6.3 percent in 2015 and 2016 (same as 2014).
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
Q.1 Which Financial Institution released a report titled financing Asian Future Growth?
A. RBI
B. IMF
C. ADB
D. World Bank

3. INDIA SIGNED 300 MILLION US DOLLAR LOAN AGREEMENT WITH ADB:
A. India has signed a 300 million US dollar loan agreement with Asian development bank to improve connectivity in NE Region.
B. Union Ministry of finance and Asian Development Bank have signed a loan agreement to improve road connectivity along the North Bengal-North Eastern (NB-NE).
C. The agreement was signed between Tarun Bajaj, joint Secretary (multilateral Institutions) in the Department of Economic affairs of ministry of Finance and Teresa Kho, ADB’s country Director in India.
About ADB: - ADB is a Regional development bank established on 22nd August 1966 with its headquarter in Manila, Philippines. It has 67 members currently from 31 initially. Japan holds the largest proportion of share followed by U.S. and China.
PRESIDENT OF ADB-> Takehiko Nakao

4. RBI SIGNED CURRENCY SWAP AGREEMENT WITH SRI LANKA:
A. India’s central bank, Reserve Bank of India has signed a currency swap agreement with the Central Bank Of Sri Lanka.
B. A 400 million US Dollar currency swap agreement is signed between the central Bank of two nations.
C. The agreement is valid for a time period of 3 years during which central bank of Sri Lanka can make withdrawls of US Dollar or Euro in multiple tranches upto a maximum of 400 million US Dollar or its equivalent.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
Q.1 India has recently signed Currency swap agreement with which nation?
A. Switzerland
B. Singapore
C. Germany
D. Sri Lanka

5. UNION GOVERNMENT SANCTIONED RS. 250CRORE TO ANDHRA PRADESH:
A. Union Government of India has Sanctioned Rs. 250crore Rupee to Andhra Pradesh to set up Polavaram SPV.
B. A special purpose vehicle (SPV) for the implementation of the polavaram multipurpose Irrigation project will be set up in Andhra Pradesh.
C. 250crore Rupee sanctioned by the Union government is in addition to the 100crore rupee allotted for the project in 2015-16 union Budget.
NOTE: - The project is constructed on the river Godavari in the west Godavari district of     Andhra Pradesh.

6. UNION MINISTRY OF COAL LAUNCHED ELECTRONIC COAL PROJECTS MONITORING PORTAL.
A. UNION Ministry of coal launched electronic coal projects monitoring portal.
B. E-CPMP is launched for tracking projects that entail on investment related to coal.
C. The portal is launched with an aim to enhance efficiency and transparency in the ministry’s functioning.
NOTES :- Portal has been developed by National Informatics Centre (NIC).

7. ATAL BIHARI VAJHPAYEE HONOURED WITH BHARAT RATNA:
A. Former prime minister, Atal Bihari Vajhpayee is honoured with the prestigions Bharat Ratna.
B. Country’s highest civilion award Bharat Ratna is conferred to Atal Bihari Vajhpayee  at his residence by the president of India, Pranab Mukherjee.
NOTE:- Other than Atal Bihari Vajhpayee, Madan Mohan malviya was choosen to be  honoured with Bharat Ratna in 2014.

8. DRONIER CRASHED IN GOA:
A. INDIAN Navy’s Dronier Aircraft crashed off the Goa coast.
B. Commander Nikhil kuldip Joshi was rescued while the other two, Lt. Kiran Shekhawat and Lt. Abhinay Nagori were found dead.
C. The Aircraft had 3 officers, 2pilots and 1 women observer.
NOTE: - Lt. Kiran shekhawat was the first women officer in Indian Navy martyered on duty. 
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DAILY FREE CURRENT AFFAIRS 27 MARCH 2015

DAILY CURRENT AFFAIRS 27 MARCH 2015
Shared By: WWW.DailyGk.IN
                                                                                               
                                                INTERNATIONAL NEWS

1) INDIA SINGED 6 AGREEMENTS WITH QATAR:
Ø  India and Qatar signed 6 agreements to increase commercial and economic exchanges between the two nations.
Ø  The deal was signed in New Delhi between the Prime minister of India Narendra Modi and Emir of Qatar, sheikh Tamim Bin Hamad Al-Thani.
Ø  The six agreements were as follows:
Ø  Agreement on transfer of sentenced persons.
Ø  MoU for co-operation in the field of information and communication technology.
Ø  MoU between ministry of earth sciences and Qatar Meteorological department for scientific and technical cooperation.
Ø  MoU between diplomatic institute of MOFA, Qatar and Foreign Service Institute, MEA
Ø  MoU for co-operation in the field of Radio and Television.
Ø  Agreement for Mutual Co-operation and Exchange of News.
Ø  Note:    The deals have a special focus on the make in India Initiative.
Ø  Capital of Qatar – Doha
Ø  Currency of Qatar - Riyal

2)  BIOLOGICALLY USEFUL NITROGEN DISCOVERED ON MARS:
Ø  NASA’s curosity rover found evidence of nitrogen on the surface of mars.
Ø  Nitrogen was found in the form of Nitric Oxide which was released when Martian sediments were heated.
Ø  The Discovery is significant because of the critical role of nitrogen as the building block of RNA and DNA which control life processes.
      Note: NASA- National Aeronautics and Space Administration
Ø  RNA – Ribonucleic Acid
Ø  DNA – Deoxyribonucleic Acid
Ø  Curosity Rover was launched on 26th November 2011 by NASA (U.S.A.)

                                  
3)   TWITTER LAUNCHES A NEW APP:
Ø  Twitter launches a new app , ‘ Periscope’.
Ø  Periscope is a streaming video application. It allows anyone to steam live video to a wide audience with their smartphone.

NATIONAL NEWS

4) MINISTERY OF RAILWAYS CONSTITUTED AJAY SHANKAR COMMITTEE:
Ø  Ministry of Railways has constituted Ajay Shankar committee to review PPP cell functioning.
Ø  Ajay Shankar is a former secretary, Department of Industrial policy and promotion (DIPP) under Union Ministry of Commerce and Industry.
Ø  PPP – Public Private Partnership
      Note:   Suresh Prabhu is the Union Railway Minister
      EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.     Ajay Shankar Committee is constituted by which Union Ministry?
a.       Railway Ministry
b.      Ministry of Minority Affairs
c.       HRD Ministry
d.      Finance Ministry

5)  CCEA APPROVED THE NATIONAL SUPER COMPUTING MISSION:
Ø  Union Cabinet committee on Economic Affairs under the chairmanship of Prime Minister Narendra Modi approved the National Supercomputing mission.
Ø  The National Super Computing Mission is aimed at bringing the high performance computing (HPC) facilities.
Ø  The mission will be implemented at an estimated cost of 4500 crore rupees over a period of seven years.
Ø  This mission will be implemented Jointly by DST and Deity.
Ø  DST – Department of Science and Technology
Ø  Deity – Department of Electronics and Information technology.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.     Who is the head of the CCEA?
a.       Sonia Gandhi
b.      Narendra Modi
c.       Atal Bihari Vajpayee
d.      Amit Shah

6)  PM LAUNCHES PRAGATI PLATFORM:
Ø  Prime Minister Narendra Modi launches PRAGATI platform for redressal of grievances of common man.
Ø  It aims at monitoring and reviewing Union Government programmes and projects as well as projects flagged by state governments.
Ø  PRAGATI :– Pro- Active Governance and Timely Implementation platform.

7)  DSIJ GETS PSU AWARD:
Ø  Dalal Street Investment Journal was presented 6th Public Sector Undertakings Award.
Ø  List of Important Awardees:
Ø  Maharatna of the year – Manufacturing -  NTPC
Ø  Most Effefient Maharatna –Manufacturing – BHEL
Ø  Best General Insurance Company – New India Assurance Company
Ø  Navratna of the year – Non-Manufacturing – PFC
Ø  Most Efficient Public Sector Bank – Bank of Baroda

Ø  Fastest Growing Maharatna – Non-Manufacturing – Coal India.
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Thursday, March 26, 2015

BAKING AWARENESS QUIZ QUESTIONS PART-2

BANKING TEST - 2 
1.     Savings Accounts can be opened by
1)        All individuals fulfilling KY C norms
2)        All tax payers
3)        All individuals above the age of 18
4)        All businessmen
5)        All students below the age of 18
2.     Choose the correct sentence
1)        KYC norms are not applicable for Financial Inclusion
2)        Loans can be granted to students at a low rate of interest
3)        Home loans are not useful for public
4)        NRI customers are not profitable customers
5)        Online marketing is very costly
3.   In a Savings Account, money can be deposited on
1)        Monthly basis
2)        As per the convenience of the depositor
3)        Annual basis        
4)        In one lump sum
5)        Quarterly basis
4.  Which of the following terms is not related to banking?
1)  Repayment     
2)  Loan
3)  NPA                 
4)  Fasting
5)  Deposit
5. Insurance cover for bank deposits in our country is provided by-
1)  SBI                   
2)  Government of India
3)  GIC                   
4)  LIC
5)  DICGC
6. The Headquarters of International Monetary Fund (IMF) is in—
1)  Manila
2)  Paris
3)  Washington DC          
4)  London     
5)  Jakarta
7. What does the letter 'L' stands for in the term LAF commonly used in financial/economic news?
1)  Liquidity                        
2)  Least
3)  Liabilities                    
4)  Long
5)  Liquid
8. Which of the following is not a primary function of a Bank?
1)  Granting Loans
2)  Collecting Cheques/Drafts of customers
3)  Facilitating import of goods
4)  Issuing Bank Drafts
5)  Selling Gold/Silver Coins
9. Which of the following represents correct meaning of 'REPO RATE’?
1)  Rate on which RBI sells Government Securities to Banks
2)  Rate for borrowing rupees by banks from RBI
3)  Rate offered by banks to their prime customers
4)  Rate applicable for grant of priority sector loans
5)  None of these
10.   Which bank is the banker to the Central Government?
1) Central Bank of India
2) Reserve Bank of India
3) Punjab National Bank
4) State Bank of India
5) All of these 
ANSWER

1.     1
2.     2
3.     2
4.     4
5.     5
6.     3
7.     1
8.     3
9.     2
10.2
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