Quiz Date: 18Th March 2020

Bankersadda.com Current Affairs Quiz for Banking and Other Competitive Exams 2020 Adda247.com

Quiz Date: 18th March 2020

Q1. RBI has lowered the single borrower exposure limit for urban cooperative banks (UCBs) to ______of tier I capital. (a) 20% (b) 15% (c) 30% (d) 10% (e) 25%

Q2. Name the e-commerce giant, which tied up with Aegon Life Insurance to sell comprehensive insurance solutions for customers. (a) Myntra (b) Jabong (c) Amazon (d) Snapdeal (e) Flipkart

Q3. Which of the following company has inked the Crude Oil Sales Agreement (COSA) with Numaligarh Refinery? (a) Oil India Limited (b) Bharat Petroleum (c) Oil and Natural Gas Corporation (d) Indian Oil Corporation (e) GAIL

Q4. Veteran poet and ______scholar Puthussery Ramachandran passed away. (a) Marathi (b) Telugu (c) Kannada (d) Malayalam (e) Tamil

Q5. RBI has decided to increase the Priority Sector Lending (PSL) target for UCBs from 40% to ______of the Adjusted Net Bank Credit (ANBC), or Credit Equivalent Amount of Off-Balance Sheet Exposure (CEOBSE). (a) 50% (b) 25% (c) 75% (d) 45% (e) 100%

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Q6. “An Extraordinary Life: A biography of Manohar Parrikar” is a book on the life of the former defence minister and Goa chief minister Manohar Parrikar. The book is co-authored by- (a) Sadguru Patil (b) Mayabhushan Nagvenkar (c) Dainik Gomantak (d) Both (a) and (b) (e) Both (b) and (c)

Q7. Veteran journalist and former Rajya Sabha member ______passed away. (a) Patil Puttappa (b) Siddalingaiah (c) G Venkatasubbiah (d) UR Ananthamurthy (e) Udupi Rajagopalacharya

Q8. RBI has lowered the group of borrowers exposure limit for urban cooperative banks (UCBs) to ______of tier-I capital. (a) 20% (b) 15% (c) 30% (d) 10% (e) 25%

Q9. Who has appointed as the Chief Electoral Officer (CEO) of Jammu and Kashmir Union Territory recently? (a) Shailendra Kumar (b) MD Raja Khan

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Q10. Union Minister of State for Shipping Mansukh Mandaviya was launched ‘Ropax’ passenger ferry service between ______in Maharashtra. (a) Mumbai and Aurangabad (b) Mumbai and Mandwa (c) Mumbai and Shirdi (d) Mumbai and Amravati (e) Mumbai and Pune

Q11. Who have been jointly awarded Chameli Devi Jain Award for outstanding woman journalist recently? (a) Barkha Dutt and Nidhi Razdan (b) Punya Prasun Bajpai and Sagarika Ghose (c) Arfa Khanum Sherwani and Rohini Mohan (d) Vinod Dua and Abhisar Sharma (e) Shehla Rashid and Rajdeep Sardesai

Q12. Who has become the first country of the world to suspend all financial markets? (a) Phillipines (b) Thailand (c) Malaysia (d) Vietnam (e) Indonesia

Q13. ______has inked a deal with a disability support NGO Aditya Mehta Foundation to enable the ‘Divyang Warriors’? (a) SSB (b) ITBP (c) CISF (d) BSF (e) CRPF

Q14. Who is present Director General (DG) of the Central Reserve Police Force (CRPF)? (a) Rajni Kant Misra (b) SS Deswal (c) Kumar Rajesh Chandra (d) AP Maheshwari (e) Rajesh Ranjan

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Q15. Manila is the capital city of- (a) Indonesia (b) Philippines (c) Malaysia (d) Singapore (e) Maldives

Solutions

S1. Ans.(b) Sol. RBI has lowered the single borrower exposure limit for urban cooperative banks (UCBs) to 15% of tier I capital. This limit was earlier 15% of tier-I and tier-II capital.

S2. Ans.(e) Sol. Indian E-commerce company Flipkart has tied up with Aegon Life Insurance to sell comprehensive insurance solutions for customers. The tie up targets those customers who are seeking instant digital policies with a sum assured of up to Rs 10 lakh.

S3. Ans.(a) Sol. India’s second-largest national oil explorer, Oil India Limited (OIL) has inked the Crude Oil Sales Agreement (COSA) with Numaligarh Refinery.

S4. Ans.(d) Sol. Veteran poet and Malayalam scholar Puthussery Ramachandran passed away. ‘Onnanthyakkuttam’ was his first poem which was published in 1944.

S5. Ans.(c)

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Sol. RBI has decided to increase the Priority Sector Lending (PSL) target for UCBs from 40% to 75% of the Adjusted Net Bank Credit (ANBC), or Credit Equivalent Amount of Off- Balance Sheet Exposure (CEOBSE).

S6. Ans.(d) Sol. “An Extraordinary Life: A biography of Manohar Parrikar” is a book on the life of the former defence minister and Goa chief minister Manohar Parrikar. The book is co-authored by veteran journalists Sadguru Patil and Mayabhushan Nagvenkar.

S7. Ans.(a) Sol. Veteran journalist and former Rajya Sabha member Patil Puttappa passed away. He was a member of Rajyasabha for two terms between 1962 and 1974.

S8. Ans.(e) Sol. RBI has lowered the group of borrowers exposure limit for urban cooperative banks (UCBs) to 25% of tier I capital. This limit was earlier 40% of tier I and tier II capital.

S9. Ans.(c) Sol. The Election Commission of India (ECI) has been appointed Hirdesh Kumar as the Chief Electoral Officer (CEO) of Jammu and Kashmir Union Territory. He will replace Shailendra Kumar with effect from the date he assumes charge.

S10. Ans.(b) Sol. Union Minister of State for Shipping Mansukh Mandaviya was launched ‘Ropax’ passenger ferry service between Mumbai and Mandwa, Maharashtra. The vessel, built in Greece, can carry 200 cars and 1,000 passengers and is capable of plying even during monsoon.

S11. Ans.(c) Sol. Arfa Khanum Sherwani of “The Wire” and Bengaluru-based freelancer Rohini Mohan have been jointly awarded Chameli Devi Jain Award for outstanding woman journalist.

S12. Ans.(a) Sol. The Phillipines has become the first country of the world to suspend all financial markets. The financial shutdown was confirmed from the statements from the Philippine Stock Exchange and the Bankers Association of the Philippines.

S13. Ans.(e) Sol. The Central Reserve Police Force (CRPF) inked a deal with a disability support NGO Aditya Mehta Foundation, to train its troops, who lost their limbs in operations, in various skills including cyber operations, artificial intelligence and para-sports.

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S14. Ans.(d) Sol. Anand Prakash Maheshwari is the Director General of the CRPF.

S15. Ans.(b) Sol. Manila is the capital city of Phillipines.

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