DAILY CURRENT AFFAIRS: 5 AUG 2016

DAILY CURRENT AFFAIRS: 5 AUG 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. SIX-YEAR-OLD INDIAN BOY ENTERS GUINNESS WORLD RECORD

i. A six year old boy Om Swaroop Gowda from Karnataka has set the world record for covering longest distance by limbo skating under cars.

ii. He clinched the Guinness World records title after a successful attempt to travel a staggering 65.283-metre distance while holding his body just above the ground and maintaining a splits position throughout.

iii. He managed to clear 36 cars during the incredible challenge at Orion Mall in Bangalore.

2. RBI LAUNCHES NEW WEBSITE ’SACHET’ TO CONTROL ILLEGAL COLLECTION OF DEPOSITS

i. The RBI Governor Raghuram Rajan has launched ’Sachet- www.sachet.rbi.org.in’, a web portal to curb illegal collection of deposits.

ii. Sachet is an State Level Coordination Committees website from which the members of the public would be able to obtain information regarding entities that are allowed to accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits by unscrupulous entities.

iii. The website would also help to enhance coordination among regulators and State Government agencies to control unauthorised acceptance of deposits by unscrupulous entities.

3. RBI CONSTITUTES A COMMITTEE ON HOUSEHOLD FINANCE

i. The Reserve Bank of India  has set up a committee to look at the various facets of household finance in India and to benchmark India’s position vis-à-vis both the peer countries and advanced countries.

ii. The Committee will be chaired by Dr. Tarun Ramadorai, Professor of Financial Economics, University of Oxford.

iii. The Committee is expected to submit its report by end-July 2017.

4.  ‘GRASSROOTS INNOVATION’ AUTHORED BY PROF. ANIL K. GUPTA BOOK RELEASED

i. ‘Grassroots Innovation’ authored by Prof. Anil K. Gupta has been released.

ii. He has gifted his first copy of the book to the President.

iii. The book was about stories of extraordinary men and women who are silently contributing to the innovation movement for the economic development and advancement of society.

5. 4^TH INDIAN-ORIGIN PERSONS AMONG US' TOP WEALTH ADVISORS LIST RELEASED BY FORBES

i. Four Indian-origin persons have been named among America's top wealth advisors by Forbes on a list of 200 members.

ii. Raj Sharma and Ash Chopra, both working in Merrill Lynch - Private Banking & Investment Group, have been ranked 17th and 129 respectively on the Forbes 2016 'America's Top Wealth Advisors' list.

iii. While Sonny Kothari of Merrill Lynch Wealth Management has been ranked 176, Raju Pathak of Morgan Stanley Wealth Management is placed at 184.

6. SHUBHA MUDGAL TO BE AWARDED RAJIV GANDHI NATIONAL SADBHAVANA AWARD

i. The advisory committee of the Rajiv Gandhi National Sadbhavana Award has decided that the 23rd Rajiv Gandhi National Sadbhavana Award will be given to Shubha Mudgal.

ii. Mudgal will be honoured for her outstanding contribution towards the promotion of communal harmony, peace and goodwill.

7. IOC GIVES NOD TO ADDITION OF FIVE NEW SPORTS IN OLYMPIC GAMES TOKYO 2020

i. The International Olympic Committee has agreed to add Baseball-Softball, Skateboard, Karate, Climbing Sports and surfing in the 2020 Tokyo Olympics.

ii. The decision was taken by the 129th IOC session being held in Rio de Janeiro.

iii. The additional sports in Tokyo will not impact the athlete or event quotas of existing Olympic sports.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

1. NAME THE WEBSITE WHICH IS LAUNCHED BY RBI TO CURB ILLEGAL COLLECTION OF DEPOSITS?

a. Sachet

b. Viswas

c. Janhit

d. None of the above

2. RBI HAS SET UP A COMMITTEE FOR “HOUSEHOLD FINANCE” WHO IS CHAIRED BY__________.

a. Dr. Varun Ramadarai

b. Dr. Dinesh Ramadarai

c. Dr. Tarun  Ramadarai

d. Dr. Shan Ramadarai

3. WHO IS THE AUTHOR OF “GRASSROOT INNOVATION”?

a. Dinesh Jain

b. Sashi Mohan

c. Tom Jhonson

d. Anil K Gupta

4. THE HEADQUARTERS OF INTERNATIONAL OLYMPICS COMMITTEE?

a. Lausanne, Switzerland

b. Geneva, Switzerland

c. Sydney, Australia

d. New York, USA

5. RECENTLY, WHO HAS RECEIVED RAJIV GANDHI NATIONAL SADBHAWANA AWARD?

a. Dilip Kumar

b. Shubha Mudgal

c. Amitabh Bacchan

d. Vidya Balan

6. HOW MANY SPORTS WILL BE ADDED IN OLYMPIC GAMES, TOKOYO 2020?

a. 6

b. 5

c. 7

d. 8

ANSWERS:

1) A    2) C     3) D    4) A    5) B    6) B

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DAILY CURRENT AFFAIRS: 4 AUG 2016

DAILY CURRENT AFFAIRS: 4 AUG 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. WEF INDIA ECONOMIC SUMMIT IN DELHI ON OCTOBER 6-7

i. World Economic Forum will host its annual India Economic Summit on October 6-7 in New Delhi.

ii. It will be attended by over 500 business and political leaders including top policymakers and CEOs.

iii. The theme of the meet is 'Fostering an Inclusive India through Digital Transformation'.

2. RAJASTHAN BECOMES FIRST STATE TO APPROVE SEWAGE & WASTE WATER POLICY

i. Rajasthan has become the first state in the country to approve sewage and wastewater policy.

ii. Under this policy all district headquarters, heritage cities, and cities in the state which have more than one lakh population will be included.

iii. Waste water will be treated and used in irrigation and agricultural work.

iv. It will be compulsory for every house in the state to connect with sewage system in those cities which have 100% sewage system in next five years.

Chief Minister of Rajasthan: Vasundhara Raje

3.  SIX NEW IITS GET PARLIAMENT NOD

i. The Parliament has approved the establishment of six new IITs across the country by passing the Institutes of Technology Biill, 2016 in the Rajya Sabha.

ii. These IITs will be started in Palakkad in Kerala, Goa, Dharwad in Karnataka, Bhilai in Chhattisgarh, Jammu, and Tirupati in Andhra Pradesh.

4. SBI LAUNCHES CHEAPER HOME LOAN SCHEMES FOR PUBLIC SECTOR UNDERTAKING EMPLOYEES AND DEFENCE PERSONNEL

i. India's largest public sector bank State Bank of India has launched 2 new schemes of loans for the employees of central as well as state government, public sector undertaking employees and Defence personnel.

ii. The bank has introduced ‘Privilege Home Loan’ for government employees and ‘Shaurya Home Loan’ for Defence Personnel with pensionable service.

iii. Under the new schemes, loans will be available without any processing fees.

iv. The interest rates will be 0.05 % less than current interest rates on home loans.

5.  BHEL COMMISSIONS 500 MW MARWA THERMAL POWER STATION IN CHHATTISGARH

i. State-run Bharat Heavy Electricals Ltd BHEL has commissioned the second 500 Mw  thermal unit at Marwa Thermal Power Station in Janjgir-Champa district of Chhattisgarh.

ii. The first unit of Marwa TPS was also commissioned earlier by BHEL.

iii. In Chhattisgarh, BHEL has contributed a total of 12,500 MW to the state's installed power generation, including central and private sector utilities.

6. PUSHPA KAMAL DAHAL ELECTED AS NEW PRIME MINISTER OF NEPAL

i. Maoist Party Chief Pushpa Kamal Dahal, also known as Prachanda, has been elected as the new Prime Minister of Nepal.

ii. Dahal who will be heading a coalition government comprising Nepali Congress, the largest party in parliament, will be taking the oath of office and secrecy at the President’s Office today.

7. BCCI APPOINTS KATJU TO HEAD A LEGAL PANEL TO HELP IMPLEMENT LODHA REPORT

i. The BCCI has appointed former SC judge Markandey Katju as the head of a 4-member legal panel to help the implications of the Justice Lodha Committee reforms.

ii. This panel will be a single point interface for the BCCI to interact with the Justice Lodha Committee.

iii. Justice Markandey Katju is the former Chairman, Press Council of India.

8. ANGELA RUGGIERO APPOINTED IOC’S ATHLETES’ COMMISSION CHAIR

i. American ice hockey Olympic champion Angela Ruggiero has been elected as the new chair of the International Olympic Committee’s Athletes’ Commission.

ii. He will be replacing Claudia Bokel.

iii. Angela Ruggiero is a former ice hockey player who is serving as the current Vice-Chair of the IOC Athletes’ Commission.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

1. THE HEADQUARTERS OF WORLD ECONOMIC FORUM IS LOCATED AT?

a. Geneva

b. Cologny

c. Paris

d. New York

2. WHICH PUBLIC SECTOR BANK HAS INTRODUCED “SHAURAYA HOME LOAN” FOR DEFENCE PERSSONEL?

a. PNB

b. BOI

c. BOB

d. SBI

3. WHO HAS ELECTED AS THE NEW CHIEF MINISTER OF NEPAL?

a. Pushpa Kamal Dahal

b. Pushpa Koirala

c. Pushpa Oli

d. None of these

4. “ANGELA RUGGIERO”, THE HOCKEY OLYMPIC CHAMPION BELONGS TO WHICH OF THESE NATIONS?

a. Spain

b. Canada

c. USA

d. South Africa

5. WHO WILL THE LEGAL PANEL OF BCCI TO HELP IN IMPLEMENTATION OF LODHA COMMITTEE?

a. HL Dattu

b. Markandey Katju

c. P Sathasivam

d. TS Thakur

6. NAME THE STATE WHICH HAS APPROVED SEWAGE & WASTE WATER POLICY?

a. Haryana

b. Bihar

c. Gujrat

d. Rajathan

ANSWERS:

1) B    2) D    3) A    4) C     5) B    6) D

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REASONING QUIZ-54 FOR IBPS- PO & CLERK

REASONING QUIZ-54 FOR IBPS- PO & CLERK

1. Complete the series.

   B2CD, _____,BCD4, B5CD, BC6D.

1. BC3D

2. B2C2D

3. BCD7

4. B2C3D

2. Which word does NOT belong with this group?

1. Loaf

2. Sourdough

3. Pumpernickel

4. Rye

3. What was the grand total of Red team of College PU?

I. Ramesh correctly remembers that Red team scored a grand total of above 82 but below 91.

II. Sanjay correctly remembers that Red team scored above 77 and below 84.

1) If the data in statement I alone are sufficient

2) If the data in statement II alone are sufficient

3) If the data either in statement I alone or statement II alone are sufficient to answer

4) If the data in both the statements I and II together are necessary to answer

5) If the data given in both I and II together are not sufficient

4. What is the position of Ganesh?

I. Esha stands between Arvind and Bina and Ganesh stands between Bina and Disha.

II. Fatima stands at an extreme end of the row and there is only one person between Fatima and Disha.

1) If the data in statement II alone are sufficient

 2) If the data in statement I alone are sufficient

3) If the data either in statement I alone or statement II alone are sufficient to answer

4) If the data given in both I and II together are not sufficient

5) If the data in both the statements I and II together are necessary to answer

5. What is the total number of candidates in the academy?

I. The ratio of girls to boys is 4 : 6.

II. The number of candidates has grown by 5% this year as compared to 4% last year from the number 2000, which it was year before last.

1) If the data in both the statements I and II together are necessary to answer

2) If the data either in statement I alone or statement II alone are sufficient to answer

 3) If the data in statement II alone are sufficient

4) If the data in statement I alone are sufficient

5) If the data given in both I and II together are not sufficient

Directions (6-10) Read the following passage carefully and answer the Question given below it.

Six friends Rajesh, Vivek, Tarun, Sanjay, Nishant and Sukhdev married within a year in the months of January, March, May, June, August and October and in the cities of Manali, Panji, Patna, Bhagalpur, Shimla and Pune, but not necessarily following the above order. The bride’s names were Heena, Khushi, Meena, Yuvika, Nargis and Nishma, once again not following any order. The following are some facts about their weddings.

Tarun’s wedding took place in Patna; however he was not married to Heena or Nishma. Rajesh’s wedding took place in Manali and Nishant’s in Bhagalpur; however neither of them was married to Khushi or Yuvika. The wedding in Pune took place in January. Meena’s wedding took place in March, but not in Manali. Heena and Nargis got married in January and August and in Pune and Patna. Sanjay visited Panji or Pune after his marriage in October. Sukhdev was married to Khushi to June.

6. Meena’s husband is____________.

1.   Nishant

2.   Vivek

3.   Rajesh

4.   Sanjay

5.   Tarun

7. Vivek’s wedding took place in__________.

1.   Panji

2.   Shimla

3.   Pune

4.   Bhagalpur

5.   Patna

8. In Shimla, the wedding of one of the friends took place in the month of

1.   March

2.   June

3.   August

4.   October

5.   May

9. Sukhdev’s wedding was held in

1.   Panji

2.   Patna

3.   Pune

4.   Bhagalpur

5.   Shimla

10. In the month of August, which of the following couples got married?

1. Nishma-Rajesh

2. Heena-Nishant

3. Yuvika-Sanjay

4. Vivek-Heena

5. Nargis- Tarun

ANSWER KEY

1.1,2.4,3.4,4.2,5.3,6.1,7.3,8.2,9.5,10.5

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REASONING QUIZ-53 FOR IBPS- PO & CLERK

REASONING QUIZ-53 FOR IBPS- PO & CLERK

Directions (1–5): In the following questions, the symbols *, &, ~, # and + are used with the following meanings illustrated—

‘X * Y’ means ‘X is not smaller than Y’.

‘X & Y’ means ‘X is not greater than Y’.

‘X ~ Y’ means ‘X is neither smaller than nor equal to Y’.

‘X # Y’ means ‘X is neither greater than nor equal to Y’.

‘X + Y’ means ‘X is neither smaller than nor greater than Y’.

In each of the following questions assuming the given statements to be true, find out which of the two conclusions I and II given below them is/are definitely true. Give answer:

(a) If only I is true.

(b) If only II is true.

(c) If either I or II is true

(d) If neither I nor II is true.

(e) If both I and II are true.

1. Statements:

P & T, T * L, U ~ L

Conclusions:

I. P * L

II. U+L

 

2. Statements:

A *B, B~D, D+K

Conclusions:

I. A+K

II. B~K

3. Statements:

J # K, K+L, P&L

Conclusions:

I. J&P

II. J#P

4. Statements:

T ~ O, T # M, M* V

Conclusions:

I. M ~ T

II. O ~ V

5. Statements:

K * T, T # C, U & P

Conclusions:

I. C *P

II. C #P

Directions (6-8): Each of the questions below consists of a question and two statements numbered I and II given below it, you have to decide whether the data provided in the statements are sufficient to answer the questions:

6. State “XYZ” is in which direction with respect to state “PQR”?

I) State “XYZ” is to the North state “RST” and “RST” is to the East of state “PQR”.

II) State “ABC” is South–West of state “PQR” and “PQR” is to the East of “RST”.

a) Only I

b) Only I

c) Either I or II

d) Both together are not sufficient

e) Both together are sufficient.

7. On which day of the week Ritika's friend arrived at her home?

I) Ritika correctly remembers that her friend arrived at her home before Friday but after Monday.

II) Ritika's brother correctly remembers that Ritika's friend arrived at her home before Saturday but after Monday.

a) Only I

b) Only II

c) Either I or II

d) Both I and II

e) None of these

8. What is the color of Leaf?

I) 'pink' is called 'white', 'white' is called green', 'green' is called 'brown', 'brown' is called 'purple'.

II) 'blue' is called 'yellow', 'yellow' is called 'red'.

a) Only I

b) Only II

c) Either I or II

d) Both I and II

e) None of these

Directions (9-10): These questions are based on the following letters/numbers/symbols arrangement. Study it carefully and answer the questions:

I C 9! X F 8 * 6 D © A 3 R B ~ 7 U # 4 K 2 G L 9 J % E 5 O

9. If all the numbers are deleted from the arrangement, which of the following will be the sixth to the right of the sixteenth element from the right end?

a) A

b) R

c) B

d) U

e) ~

10. How many such letters are there in the arrangement each of which is immediately preceded by a number or symbols?

a) None

b) Six

c) Five

d) Nine

e) None of these

ANSWER KEY

1.D, 2.B, 3.C, 4.D, 5.C, 6.E, 7.A, 8.A, 9.E, 10.D,

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BANKING QUIZ -31 FOR SBI–PO& IBPS EXAM

BANKING QUIZ-31 FOR SBI – PO& IBPS EXAM

1. Name the e-commerce company has launched ‘Tatkal’ initiative for small and medium businesses?

A. Flipkart

B. Amazon

C. Ebay India

D. Jabong

2. Which among the following is/are products or services developed by the NationalPaymentsCorporation of India (NPCI)?

1. Unified Payments Interface

2. RuPay

3. National Financial Switch

Select the correct answer using the code given

below:

(A) 1, 2 and 3

(B) 1 and 2 Only

(C) 2 and 3 Only

(D) 1 and 3 Only

3. With reference to India economy, consider the following:

1. Public debt

2. Open market operations

3. Bank rate

4. Primary deficit

Which of the above is/are component/components of Monetary Policy?

a) 1 Only

b) 2 and 3 Only

c) 1 and 2 only

d) 1, 3 and 4 only

4. Consider the following statements:

1. When the Reserve Bank of India (RBI) sells government securities to the general public it decreases the stock of high powered money in the economy.

2. The total liability of the RBI is called high powered money, which also consists of currency held by the public.

Which of the statements above is/are correct?

a) 1 Only

b) 2 Only

c) Neither 1 nor 2

d) Both 1 and 2

5. Which of the following is/are covered under the Banking Ombudsman Scheme, 2006?

A.   Scheduled Commercial Banks

B.   Regional Rural Banks

C.   Primary Co-operative Banks

D.   Only A and B

E.   1, 2 and 3

6. In which of the following reserves that can act as a liquidity buffer for commercial banks during their crisis times?

A.   DSLR

B.   Forex Reserves

C.  SLR

D.   Semi SLR

E.   None of these

7. A negotiable money market instrument and issued in dematerialized form or as a Usance P- Note against funds deposited at a bank for a specified time period is known as

A.   Certificate of Deposit

B.   Line of Credit

C.   Cheque

D.   Bill of Exchange

E.   None of these

8. What does the lowering of Bank Rate by the Reserve Bank of India leads to?

A.   Stability liquidity in the market

B.   Less liquidity in the market

C.   More liquidity in the market

D.   None of these

E.   It is dependent on other factors also

9. Which of the following organizations has launched Jeevan Labh scheme?

A) New India Insurance Ltd

B) Life Insurance Corporation of India

C) State Bank of India

D) National Insurance Company Ltd

10. The NABARD has signed a Memorandum of Understanding with which of the following organizations for web-based monitoring of watershed projects?

A) DRDO

B) Geological Survey of India (GSI)

C) ISRO

D) National Remote Sensing Center (NRSC)

ANSWER KEY

1.B, 2.A, 3.B, 4.D, 5.E, 6.C, 7.A, 8.C, 9.B, 10.D

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