DAILY CURRENT AFFAIRS: 26 JULY 2016

 DAILY CURRENT AFFAIRS: 26 JULY 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. MHA SETS UP T V S N PRASAD COMMITTEE TO EXPLORE POSSIBLE ALTERNATIVES TO PELLET GUNS IN KASHMIR

i. The Union Ministry of Home Affairs has setup a seven-member expert committee for exploring the other possible alternatives to pellet guns as non-lethal weapons.

ii. The Committee will be headed by T V S N Prasad, Joint Secretary in the MHA.

iii. Pellet guns have been categorised as non-lethal weapon.

iv. In these guns pellets are loaded with lead balls and once fired disperse into huge numbers.

v. They may not kill the person they hit, but penetrates skin tissue and cause serious injuries.

2. UNION GOVERNMENT ISSUES NOTIFICATION FOR IMPLEMENTATION OF 7TH PAY COMMISSION

i. The Union Government has issued notification for the implementation of 7th Pay Commission.

ii. It was issued as per the Cabinet approval in June 2016.

iii. Union Government has given CBSE chief Rajesh Kumar Chaturvedi an additional charge of Chief of the implementation cell of the Seventh Central Pay Commission.

iv. The 7th Pay Commission headed by Justice AK Mathur had recommended 14.27 per cent hike in basic pay at junior levels in November 2015.

3. CHINA UNVEILS WORLD'S LARGEST AMPHIBIOUS AIRCRAFT

i. China has unveiled AG600, the world's largest aircraft .

ii. It can land on both water and land and used to fight forest fires and perform marine rescues.

iii. The aircraft is around the size of a Boeing 737 - far larger than any other amphibious plane.

iv. It can collect 12 tonnes of water in 20 seconds during emergencies.

4. RS 2,048 CRORE SANCTIONED UNDER 'SWADESH DARSHAN' SCHEME

i. The Ministry of Tourism has sanctioned 25 projects under the Swadesh Darshan scheme worth Rs. 2048 Crore.

ii. Swadesh darshan scheme is launched in January 2015.

iii. The Swadesh Darshan Scheme is started with an aim to develop theme based tourist circuits in the country.

5. SOLAR POWER TREE DEVELOPED FOR THE GENERATION OF ELECTRICITY

i. The Ministry of Science and Technology has invented a 'Solar Power Tree', .

ii. It is an innovative way to generate electricity using solar power in a limited space.

iii. The Solar Power Tree model is designed like a tree with branches made of steel to hold the photovoltaic panel.

6. RBI IMPOSES A PENALTY OF RS. 5 CR. ON BANK OF BARODA

i. The Reserve Bank of India has imposed a penalty of Rupees five crore on Bank of Baroda.

ii. The Fine is imposed due to  6,000 crore forex related irregularities.

ii. The RBI in investigation found failures in the bank's internal control process  including transaction monitoring, and assigning of Unique Customer Identification Code.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

1.  NAME THE “NON-LETHAL” WEAPON WHICH IS RECENTLY BEING USED IN KASHMIR AGITATION?

a. Pellet Gun

b. Nallet Gun

c. Nano Gun

d. Acess Gun

2. WHEN IS THE “KARGIL VIJAY DIWAS” IS CELEBRATED IN INDIA?

a. 25^th July

b. 26^th July

c. 21^st July

d. 22^nd July

3. WHEN IS THE “SWADESH DARSHAN SCHEME” IS LAUNCHED BY UNION GOVERNMENT?

a. January 2016

b. February 2016

c. February 2015

d. January 2015

4. NAME THE BANKS ON WHICH RBI IMPOSED PENALTY FOR “FOREX RELATED IRRUGULARITES”?

a. HDFC, ICICI, SBI

b. HDFC, Kotak Mahindra, Bank of Baroda

c. Bank of Baroda, HDFC, Punjab National Bank

d. HDFC, Bank of Baroda, Punjab National Bank

5. WHERE ARE THE HEADQUARTERS OF PUNJAB NATIONAL BANK OF LOCATED?

a. New Delhi

b. Chennai

c. Mumbai

d. Bangalore

ANSWERS:

1. A                 2. B                 3. D                 4. D                 5. A

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SBI MAINS ONE LINER PRE QUESTION

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SBI MAINS ONE LINER PRE QUESTIONS 2016

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BANKING QUIZ -29 For IBSP & SBI Bank Exam

BANKING QUIZ -29 For IBSP & SBI Bank Exam

1 Euro money is the official currency of –

NATO

European Union

UN

Germany and England

None of these

Ans. European Union

2 When RBI increases the CRR then what actions are the banks required to take?

Banks are required to increase their lending to the priority sector

They have to deposit additional money with RBI as reserve money

Banks also increase their lending and deposit rates

All the above

None of these

Ans. Banks are required to increase their lending to the priority sector

3 What concept is applied in banking industry such that almost all banks in India are providing special schemes for providing banking services to the rural poor?

Financial inclusion

Investment banking

Priority sector loaning

Trade finance

None of these

Ans. Priority sector loaning

4. The European Central Bank is headquarter located at_________

London, UK

Rome, Italy

Madrid, Spain

Paris, France

None of these

Ans. None of these

5 Fiscal deficit is calculated as_________.

Total expenditure less total receipts excluding borrowing

Total payments less total receipts

Total payments less capital receipts

Total income less Govt. borrowing

None of these

Ans. Total expenditure less total receipts excluding borrowing

6 . Currency Swap is an instrument to manage?

Currency risk

Cash flows in different currency

Currency and interest rate risk

Interest rate risk

None of these

Ans Currency and interest rate risk

7. Euro Bond can be defined as______.

Issued in the European market

A bond denominated in a currency not native to the issuer's home country

Issued in Euro currency

All of the above

None of these

Ans. A bond denominated in a currency not native to the issuer's home country

8. Name an Indian bank launched next generation features on its app ‘iMobile’ which will enable customers to instantly pay taxes and book railway tickets within the app?

Federal Bank

Punjab National Bank

Kotak Mahindra Bank

Bandhan Bank

ICICI Bank

Ans. ICICI Bank

9. Deposits which can be withdrawn by a customer without notice is called ________

Time Deposits

Variable Deposits

Demand Deposits

Low cost Deposits

None of these

Ans. Demand Deposits

10 . IDFC bank is a_______..

Private bank

Payment bank

Development bank

RRB

None of these

Ans. Development bank

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REASONING QUIZ-58 For Bank & Government Jobs Exam

REASONING QUIZ-58 For Government Jobs Exam

Directions (Q. 1-5): Study the following information and answer the given questions: • Shruti is sister of Binod. Kush is brother of Binod. • Kush is son of Luvy. Luvy is married to Yashmin. Yashmin is daughter of Jassi. • Yashmine has only one daughter. Jassi is married to Chitra. • Kush is brother of David. David is married to Titto. 1 If Prem is brother of Chitra, then how is Jassi related to Prem?

Brother

Cousin

Sister

Uncle

Cannot be determined

Ans. Cannot be determined

2 How is Titto related to Shruti?

Brother-in-law

Cousin

Sister-in-law

Can’t be determine

None of the above

Ans. Can’t be determine

3 If Zarin is daughter of Titto, then how is Zarin related to Binod?

Uncle

Niece

Nephew

Aunt

Can’t be determine

Ans. Niece

4. If “Prem” is maternal uncle of Yashmine, then how is Jassi related to Prem?

Brother-in-law

Brother

Father-in-law

Sister-in-law

Data Inadequate

Ans. Brother-in-law

5 If David is father of Zarin , then what is the relation between Titto and Shruti?

Mother-in-law

Sister-in-law

Sister

Gender not Define

None of these

Ans. Sister-in-law

Directions (Q.6-10): Read the following information carefully and answer the questions given below: Eight friends Ram, Suresh, Alka, Anu, Dipu, Disha, Lakshya and Kesav are sitting around a circular table for lunch, facing the centre. Each person has a different birthplace viz Patna, Banaras, Surat, Shimla, Sirsa, Panipath, Karnal and Bhatinda but not necessarily in the same order. The person born in Banaras sits third to the right of Lakshya. Alka is an immediate neighbour of Lakshya. The person born in Shimla sits second to the right of Alka. Suresh sits third to the right of Kesav. Kesav’s birthplace is neither Banaras nor Shimla. Only one person sits between Alka and the person whose birthplace is Surat. Ram and Disha are immediate neighbours of each other. Neither Ram’s nor Disha’s birthplace is Banaras. The person born in Bhatinda sits second to the right of Ram. Two persons sit between Anu and the person born in Sirsa. Anu is not from Banaras. The person born in Patna is not an immediate neighbour of the person born in Banaras. The person born in Panipath sits second to the left of Ram. 6 . Who among the following is from Karnal?

Ram

Kesav

Alka

Disha

Anu

Ans Ram

7 What is the position of Disha with respect to the person whose birthplace is Banaras?.

Second to the left

Second to the right

Immediate right

Immediate left

None of these

Ans. Second to the right

8. Where is the birthplace of Lakshya?

Karnal

Patna

Panipath

Surat

Shimla

Ans. Patna

9. Where is the birthplace of Dipu?

Karnal

Shimla

Panipath

Banaras

Sirsa

Ans. Banaras

10 . Who sit(s) exactly between the persons whose birth places are Surat and Sirsa?.

Alka and Kesav

Alka and Suresh

Only Bhatinda-born person

Ram and Suresh

None of these

Ans. Only Bhatinda-born person

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BANKING QUIZ – 28 For IBPS & SBI Bank Exam

BANKING QUIZ – 28 For IBPS & SBI BANK Exam

1 In India, which of the following agency is maintaining the Foreign Trade Policy?

RBI

Ministry of Commerce and Industry

Foreign Ministry

EXIM-Bank

None of these

Ans Ministry of Commerce and Industry

2 What is an Indian Depository Receipt?

A denominated in Indian currency and are issued by a domestic depository and the underlying equity shares are secured with a custodian

A deposit account with any of depositories in India

A deposit account with a Public Sector Bank

United Nations Organization

None of these

Ans. A denominated in Indian currency and are issued by a domestic depository and the underlying equity shares are secured with a custodian

3. As per the instructions given by the RBI, all banks are required to provide which of the following in all it's branches mandatorily?

Service sector

Special Counters for Senior Citizens

Note Sorting Machines

All of the above

None of these

Ans. Note Sorting Machines

4. Which among of the following terms is NOT used in the field of Banking & Finance?

Overdraft

CBS

RTGS

Base Line

None of these

Ans. Base Line

5 The module of the total valuation of the financial capital assets of a country is technically known as?

Net wealth of the country

Gross Domestic Product

Market Capitalization

Gross Domestic Resources

None of these

Ans. Net wealth of the country

6 . Which of the following is NOT the part of the organized sector in Indian Money Market?

Chit funds

Non-Banking Financial Companies

Unit Trust of India

Mutual Funds

None of these

Ans Chit funds

7. The Food and Agriculture Organization (FAO) is an agency of the?

United Nations Organization

World Bank

Asian Development Bank

Ministry of Agriculture Govt. of India

None of these

Ans. United Nations Organization

8. The special drawing right granted by the International Monetary Fund to its member countries is called _______________.

Cold money

Hot money

Paper gold

Soft money

None of these

Ans. Paper gold

9. Who decided the limits on cash withdrawal at ATMs and for purchase of goods and services?

SBI

RBI

Government

SEBI

Issuer Bank

Ans. Issuer Bank

10 . What is the mandate for banks for issuing Magnetic stripe cards or Chip-based cards?.

Mag-strip and CVV number

EVM Chip and pin enabled

EVM chip and finger prints

Mag-strip and finger prints

None of these

Ans. EVM Chip and pin enabled

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REASONING QUIZ-57 For Bank & Government Exam

REASONING QUIZ-57 For Government Jobs Exam

Directions (Q1-5): Study the following information to answer the given questions. In a certain code language:- ‘rest must wrote after’ is written as ‘ta pa lo me’, ‘wrote type every said’ is written as ‘lo ba ne ka’. ‘what rest said come’ is written as ‘me sa ba je’, ‘must untill hug rest’ is written as ‘ta me na ze’, ‘untill made said what’ is written as ‘na ya sa ba’.

1 Which of the following is the code for ‘type every’?

ko/ lo

ne/sa

ka/ ne

ne /je

None of these

Ans. ka/ ne

2 What is the code for ‘after’?

me

pa

sa

ka

None of the above

Ans. pa

3 Which of the following is the code for ‘come after made hug’?

ja pa ya me

je pa ta ze

ne je pa ka

je pa ya ze

None of the above

Ans. None of the above

4. Which of the following is the code for ‘rest what’?

me sa

sa ba

me je

je ne

None of these

Ans. me sa

5 ‘Wrote rest after’ will be coded as which of the following?

ta na ba

lo me pa

pa ta na

me ta ze

lo ta na

Ans. lo me pa

Directions (Q6-10): Study the following information to answer the given questions. Six players Arjun, Kesav, Raman, Vijay, Yuhan and Piyush are playing different Sports viz Snooker, Kabaddi, Cricket, Football, Volleyball and Basketball, but not necessarily in the same order. All are wearing different colours T-shirts – Pink, Grey, Black, Indigo, Maroon and white. They use different types of smartphones viz Apple, Motorola and Micromax but not necessarily in the same order. Atleast two persons use the same same types of smartphones. The person who plays Volleyball uses Micromax. Piyush uses Micromax and wears Grey T-Shirt, but he plays neither Snooker nor Cricket. The one plays Football uses Apple. Kesav uses the same types of mobile phone as the person who wears a Pink T-Shirt, but he is not a kabaddi Player. The one who is player of Snooker uses Apple. Vijay is a Volleyball Player and he wears neither Black T-shirt nor White T-shirt. Motorola is used by a kabaddi player, Yuhan is a football player and wears a pink T-Shirt, but he does not use the same mobile phone as Raman. Arjun does not wear a Maroon or White shirt. The players who use Micromax play neither Football nor Cricket. The players who wear Indigo and Black T-shirts use the same type of mobile. 

6 . Yuhan uses which of the following smartphones?

Apple

Micromax

Motorola

Either Micromax or Motorola

None of these

Ans Apple

7. Who among the following is a Basketball player?

Arjun

Raman

Yuhan

Piyush

None of these

Ans. Piyush

8. Kesav wears which colour T-Shirt?

Pink

Maroon

Black

Indigo

None of these

Ans. None of these

9. Raman is a player of __________.

Basketball

Kabaddi

Volleybal

Snooker

Either Kabbadi or Cricket

Ans. Kabaddi

10 . Which of the following is not true?.

Piyush-Black-Motorola

kesav-Snooker-Apple

Yuhan-Football-Indigo

Vijay-Maroon-Micromax

None of these

Ans. Piyush-Black-Motorola

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BANKING QUIZ -27 For IBPS & SBI Exam 2016

BANKING QUIZ -27 For Government Jobs Exam

1 Name the accord which is closely associated with the reform in banking industry?

Doha accord

Look east policy

Basel accord

Geneva framework

None of these

Ans. Basel accord

2 The foreign exchange reserves of India is maintained by which organization?

RBI

IMF

World bank

Prime minister

None of these

Ans. RBI

3 Reverse Repo Rate can be described as____________.

Absorption of liquidity from the market by sale of government securities

Injecting liquidity by the central bank of a country through purchase of government securities

Balancing liquidity with a view to enhance economic growth rate

Any of above

None of these

Ans. Absorption of liquidity from the market by sale of government securities

4. Name the rate which is decided by the RBI is called “Policy Rate”?

Lending Rate

Loan Rate

Deposit Rate

Cash Reserve Ratio

None of these

Ans. Cash Reserve Ratio

5 Loan given by the banks to farmers/small shop owners etc is known as........?

Corporate loan

Priority sector loan

Business loan

Commercial loan

None of these

Ans. Priority sector loan

6 . The Headquarters of which of the following banks is not in Mumbai?

RBI

Union Bank of India

State Bank of india

Bank of Maharashtra

None of these

Ans Bank of Maharashtra

7. ICRA, CRISIL and Standard and Poor’s (S&P) are maintaining which one of the followings?

NGOs

Credit rating agencies

Financial Institutions

NBFCs

None of these

Ans. NGOs

8. The Nippon Ginko is the Central Bank of which country?

South Korea

China

Japan

Taiwan

None of these

Ans. China

9. “Primary Deficit” define as?

Monetary Deficit minus Interest Payments

Budget Deficit minus Interest Payments

Fiscal Deficit minus Interest Payments

Deficit Financing by 91 day ad hoc treasury bills

None of these

Ans. Budget Deficit minus Interest Payments

10 . Systematic Investment Plans are a facility by which of the following? .

Post office savings schemes

Life insurance companies

Commercial banks

Mutual funds

None of these

Ans. Mutual funds

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