IBS Quest

Position of CONTENTS Index Top Ranked Country 1. Economic watch 2 Human Development Index -2017 131 Topped by Norway followed by The list is topped by New Zealand 2. Editor’s Message 3 Ease of Doing Business Index 2017 130th followed by Singapore, Denmark.

3. Articles 4 Foreign Direct Investment th The list is topped by USA followed by 8 confidence index 4. Current Affairs October 2017 7 The list is topped by , followed Global Competitiveness Index 2016 39th 5. Banking: At a Glance 21 by Singapore and USA. The list is topped by Switzerland, followed Global Talent Index 92nd 6. Miscellaneous 27 by Singapore 7. State: At a Glance Karnataka 29 The list is topped by Norway, followed by Global Human Capital index 2017 103 8. The Nobel Prize 30 Developed by International food policy Global Hunger Index 2017 100th 9. SSC History 31 and research institute (IFPRI) The list is topped by Switzerland, followed Global Innovation Index 2016 60 10. SSC Polity 33 by Sweden The list is topped by Iceland, followed by 11. Current Affairs Last 3 Months 35 Global Peace Index (GPI) 2017 137 Newzland 12. Model Test Paper IBPS Clerk-PT 58 The list is topped by North Korea, Global Slavery Index 2016 4th 13. Model Test Paper Banking 70 followed by Uzbekistan and Cambodia. Global Talent Competitiveness Index The list is topped by Switzerland, followed 89th 14. Latest GK Tablets 72 2017 by Singapore and Luxembourg. The list is topped by USA, followed by Intellectual Property Index 2017 43rd UK and Germany. The list is topped by Germany, followed Logistics Performance Index 2016 35th IBS Quest by Luxembourg and Sweden. The list is topped by Norway followed by Global Human Capital Index 103 AN IBS (P) LTD. Finland INITIATIVE Sustainable Development Goal Index The list is topped by Sweden, followed by 116th 2017 Denmark Owned, Printed & Published By The list is topped by Hong Kong, followed Economic Freedom Index 2017 143rd Institute of Banking & SSC Exams by Singapore. The list is topped by Norway followed by World Happiness Index 2017 122nd SCO 13-14-15, Sector 34A, CHD. Denmark, The list is topped by Norway, followed by World Press Freedom Index 2017 136 www.ibsindia.co.in Sweden e-mail: [email protected] The list is topped by Island state of World Risk Index 2016 77th Vanuatu, followed by Tonga and POLICY RATES OF RESERVE Philippines. Global Travel and Tourism Index- The list topped by followed by BANK OF INDIA W.E.F 2 40 AUGUST 2017 2017 France Global Corruption perception index- The list is topped by New Zealand and Bank Rate : 6.25% 79 2017 Denmark Repo Rate : 6.0% Reverse Repo Rate (RRR) : 5.75% FDI Limits List of Limits in Various Sectors (In %) CRR (Cash Reserve Ratio) : 4% 1. Petroleum Refining by PSU 49% 7. Civil Aviation 100% SLR (Statutory Liquidity Ratio) : 20% 2. Pharmaceutical Sector 74% 8. Private security agencies 49% Base Rate : 9.25% - 9.65% 3. Medical Devices 100% 9. Private Sector Banking 74% Saving Deposit rate : 4% 4. White Label ATM Operation 100% 10. Public Sector Banking 20% Term Deposit Rate for >1 Year : 6.50% - 7.00 % 5. Cable Networks 100% 11. Insurance and sub-activities 49% 6. Print Media 26%

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IBS Quest EDITOR’S MESSAGE

TACKLING THE CHALLENGES OF LIFE-In our personal lives as well as on a global scale, we face challenges that test our emotional mettle such as, injury, illness, unemployment, grief, divorce, death, or even a new venture with an unknown future. Here are few strategies to help carry us through: Embrace Your Life as It Is rather than as you Wish It to Be;The Buddha taught that the secret to life is to want what you have and to not want what you don’t have. Being present means being present to the life that you have right here, right now. There is freedom in taking life as it comes to us—the good with the bad, the wonderful with the tragic, the love with the loss, and the life with the death. When we embrace it all, then we have a real chance to enjoy life, to value our experiences, and to mine the treasures that are there for the taking. When we surrender to the reality of who we are, we give ourselves a chance to do what we can do. Practice Gratitude; It is easy to count our troubles rather than our blessings, but such an attitude undermines our ability to draw from the good that we have been given and to see our lives fundamentally as a gift. A change in perspective can make all the difference. Recognizing the good and receiving it with gratitude is a recipe for emotional health and well-being. This attitude enlarges the possibility that we can make use of the good we have been given and even use it to cope with the difficulties that we inevitably have inherited.Accept Success and Fiascos as Part of Life’s Journey; We are all learning. No one gets it right every time. A more compassionate attitude toward ourselves only helps us to stay in the game. The dynamic process of life— trying, succeeding, failing, and trying again—is the only way to develop lasting confidence in ourselves. We learn through experience that we can both succeed and recover from failure. We also learn to be humble and so develop a view of ourselves as limited creatures that will always need the help and support of others. No matter how mature or successful we become, the child within always will need mentors and friends who’ll see us through.Self Introspection; “what lies behind us and what lies before us are tiny matters compared to what lies within us”. When you realize that everything springs from yourself, you can start walking on the path of tranquility. However, always keep one thing in mind that in any kind of circumstances that “Positivity Will Take You Everywhere” just have faith and patience.

ALL THE BEST

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IBS Quest SWACCH BHARAT MISSION : A DREAM OF MILLIONS India has registered a sustained economic growth in the last few years. But it still faces a huge economic loss due to poor hygiene and sanitation. A recent World Bank report has highlighted that India loses 6.4% of GDP annually because of this particular reason. Under the Swachh Bharat Mission (SBM) launched by Prime Minister Narendra Modi, the Government of India aims at “total sanitation” by 2019. It means every household in India will have a toilet by the end of the year 2019, the 15th birth anniversary of Mahatma Gandhi.

Objectives of the Swachh Bharat Mission Objectives of the Swachh Bharat Mission are – elimination of open defecation, conversion of insanitary toilets to pour flush toilets, eradication of manual scavenging, 10% collection and scientific processing/disposal reuse/recycle of municipal solid waste, to bring about a behavioural change in people regarding healthy sanitation practices. The programme aims to generate awareness among the citizens about sanitation and its association with health. It also calls for strengthening of urban local bodies to design, implement and operate systems to create conducive environment for private sector participation.

Menace of the Open Defecation One of the major causes of lack of cleanliness in the country is open defecation. It refers to a practice whereby people go out in fields or other open spaces rather than using the toilets to defecate. This practice is quite rampant in India. A UN report says that India is home to the world’s largest population of people who defecate in the open and so close to 65,000 tonnes of excreta is added into the environment each day.

The Open Defecation Free (ODF) To become Open Defecation Free (ODF) is an uphill task for a country like ours. The age-old practices and a lack of awareness among people are posing severe challenges to health. Only three states have so far declared themselves as Open Defecation Free. These are: Sikkim, Himanchal Pradesh and Kerala. Sikkim is the first Indian state which was declared ODF state under the Swachh Bharat Mission.

In October 2016, Himachal Pradesh was declared Open Defecation Free (ODF) state under the SBM. After Sikkim, Himachal Pradesh got this status to have toilet for every individual household. Among bigger states, however, Himachal Pradesh is the first state to become ODF.

Conclusion: Though people have started to pitch in to help spread the message of ‘Cleanliness is next to Godliness’, we still have miles to go. The government needs to work on the entire sanitation value chain including water supply, safe disposal and treatment of waste, and maintenance of infrastructure. The construction of toilets as well as awareness campaigns needs the backing of the state for regular monitoring of the toilet use. Not only this, there is a need to engage the community also to address the age-old practices in the rural areas. At this juncture, every countryman should take a pledge that he/she will contribute towards making India clean in the true sense of the term.

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IBS Quest AHMEDABAD – MUMBAI BULLET TRAIN PROJECT : A DREAM PROJECT OF PRIME MINISTER

Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe on Thursday launched India’s first bullet train project between Ahmedabad and Mumbai. Modi described the ambitious Rs 1.10 trillion, which will cut travel time between the two cities from seven hours to less than three, as a “big gift for the nation”. The Centre is confident of starting the Ahmedabad-Mumbai bullet train on August 15, 2022 to commemorate the 75th year of India's Independence, a year ahead of its schedule, a senior official of the railway ministry said. The official, who is in-charge of the bullet train project, said that while the deadline to launch the train will remain 2023, the railway is focussed to start it keeping in view the Independence Day celebrations in 2022. Railway Minister Piyush Goyal said that the scheduled date of starting the bullet train is 2023, according to the Japanese. Out of the Rs 1,10,000 crore, Japan is giving a loan of Rs 88,000 crore. The interest on this loan is minimal at 0.1 per cent and it is to be repaid in 50 years, with a grace period of 15 years. Goyal said that the project is expected to provide 12-15 lakh jobs. Around 20,000 in construction, 4,000 direct jobs for running the system and around 20,000 indirect jobs. The railway official said the train would take 2 hours and 58 minutes to cover the distance if it took 10 halts, adding that with two halts -- at Surat and Vadodara -- the travelling time would come down to two hours and seven minutes. The bullet train will run at an average speed of 320 km per hour with a maximum speed of 350 km per hour.

FIFA U-17 WORLD CUP: A HOPE FOR THE FUTURE

It will be the first time ever that a team representing India will participate in the finals of a FIFA-organised world tournament, let alone the Under-17 World Cup. However, the Colts have been seven-time entrants into the AFC U-16 Championship, which is held the year previous to the U-17 world event. Ousted from the group stage each time bar once, it was the 2002 edition in the United Arab Emirates that India progressed to the quarter-finals only to be humbled by eventual champions, Republic of Korea. The only piece of silverware India U-16 have won is the 2013 South Asian Football Federation (SAFF) U-16 Championship in Nepal. The Blues ended as runners-up in both 2011 and 2015 in the South Asian zonal youth competition. Even in the 2016 AFC U-16 meet in Goa, where they qualified on merit apart from being hosts, India ended at the bottom of their group with just one point to show in return for all their efforts. Aniket Jadhav broke into the footballing scene as a 14-year-old and went to represent India in the FC Bayern Munich Youth Cup in 2014. Being a part of the AIFF setup ever since, the striker has won caps for the nation at all levels and has established himself as Matos' trusted man up front leading the Indian attack, hoping to be the next Indian goal machine. Sikkim- born Komal Thatal is the chief playmaker of this Indian side. The blonde-streaked has proved his credentials by scoring a goal each against the mighty and Uruguay, the only one to do so amongst the current crop. Anwar Ali joined the squad in April 2017 after he caught Matos' eye when his Minerva Academy beat the national team 1-0 in March. An assured presence at the back, Anwar was first called up during Adam's tenure but failed to make the cut initially.

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IBS Quest

IBBI (INSOLVENCY AND BANKRUPTCY BOARD OF INDIA) : THE BACKBONE OF INDIAN BANKS

The Insolvency and Bankruptcy Board of India (‘IBBI’) was established under Insolvency and Bankruptcy Code, 2016 (‘Code’). On 31st March 2017, IBBI in exercise of its powers under the said Code notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation) Regulations, 2017 (‘Regulation’). It came into force with effect from 1st April 2017. The Regulation provides for a complete framework for the voluntary liquidation of any corporate person. Corporate person is defined under Section 3(7) of the Code as any company incorporated under the Companies Act and includes limited liability partnership or any other person incorporated with limited liability but does not include any financial service provider. However, the explanation attached to Regulation 3(3) of the Voluntary Liquidation Regulation specifies that the Regulation 3(1) to 3(3) applies to corporate person other than a ‘company’. The procedure for voluntary liquidation of a company has been provided under Section 59 of the Code. The Insolvency and Bankruptcy Board of India (IBBI) has notified Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The regulations inter alia, specify the manner and content of public announcement, receipt and verification of claims of stakeholders, reports and registers to be maintained, preserved and submitted by the liquidator, realization of assets and distribution of proceeds to stakeholders, distribution of residual assets, and finally dissolution of corporate person.

THE SAGA OF RELATIONS BETWEEN INDIA AND PAKISTAN Relations between India and Pakistan have been complex and largely hostile due to a number of historical and political events. Relations between the two states have been defined by the violent partition of British India in 1947, the Kashmir conflict and the numerous military conflicts fought between the two nations. Consequently, their relationship has been plagued by hostility and suspicion. Northern India and Pakistan somewhat overlap in areas of linguistics, demographics, geography and economics. After the dissolution of the British Raj in 1947, two new sovereign nations were formed— the Dominion of India and the Dominion of Pakistan. The subsequent partition of the former British India displaced up to 12.5 million people, with estimates of loss of life varying from several hundred thousand to 1 million. India emerged as a secular nation with a Hindu majority population and a large Muslim minority, while Pakistan emerged also as a secular nation with an overwhelming Muslim majority population; later becoming an Islamic republic although its constitution guarantees freedom of religion to people of all faiths. Soon after their independence, India and Pakistan established diplomatic relations but the violent partition and numerous territorial claims would overshadow their relationship. Since their Independence, the two countries have fought three major wars, one undeclared war and have been involved in numerous armed skirmishes and military standoffs. The Kashmir conflict is the main centre-point of all of these conflicts with the exception of the Indo-Pakistan War of 1971 and Bangladesh Liberation War, which resulted in the secession of East Pakistan (now Bangladesh).

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IBS Quest

CURRENT AFFAIRS OCTOBER 2017 NATIONAL NEWS  Prime Minister Narendra Modi has inaugurated the appointed as the first woman chief proctor of Banaras Hindu annual conference of ‘Rajaswa Gyan Sangam, 2017’ in -- University (BHU). She succeeded O P Singh, who recently New . resigned from the post.

The objective of the Conference is to enable a twoway  Ganga Prasad has been sworn-in as the new Governor of communication between the policy-makers and the senior Meghalaya. officers in the field offices with a view to increase revenue Ganga Prasad, the former member of Bihar Legislative collection and facilitate effective implementation of law and Council (BLC), has been sworn-in as the new Governor of policies in key result areas. Meghalaya at Raj Bhavan in Shillong on October 5. Prasad  The ministry has approved constitution of a 13-member has been a member of the legislative council in Bihar for 18 Empowered Steering Committee (ESC) to shape and years. He was a businessman by profession, joined politics influence India's preparation for multi- disciplinary as a Jan Sangh member in 1967 and held various events -- Sports Ministry. organisational posts in it as well as in the BJP.

The Steering Committee will have the mandate to work till  New Delhi hosted the 14th India-EU Summit -2017. 31st December 2020 with clearly defined terms and The 14th India-EU Summit was held in New Delhi from references. These include review of the core probable list of October 5-7, 2017. During the summit, both sides are each High Priority and Priority disciplines for the expected to discuss a host of key issues including ways to Commonwealth Games, Asian Games, and Olympic Games. remove hurdles for the long-pending free trade agreement.  The city has been formally accorded the status of India’s The president of the European Council (EC) Donald first World Heritage City by UNESCO -- Ahmedabad. Franciszek Tusk, and the president of the European Commission (EC) Jean-Claude Juncker, will attend the Earlier, in July the UN agency had inscribed Ahmedabad as summit. India's first World Heritage City at a meeting held in .  IDBI bank has launched ‘Project Nishchay’ to improve financial performance.  NITI Aayog will host Global Entrepreneurship Summit (GES 2017) in Hyderabad. IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its NITI Aayog will host the 8th annual Global turnaround program and improve financial performance. Entrepreneurship Summit (GES 2017) in partnership with The project will be led by senior management at IDBI Bank the USA, which is scheduled to be held in Hyderabad from along with BCG. November 28 to 30. The 2017 theme “Women First, Prosperity for All” will celebrate entrepreneurship in all its  Bihar state government has launched a state-wide strength, diversity and entirety. campaign against child marriage and dowry on the occasion of Mahatma Gandhi’s birth anniversary. The  Royana Singh has become the first woman chief proctor Bihar government has launched a state-wide campaign of Banaras Hindu University (BHU). against child marriage and dowry on the occasion of Royana Singh, an assistant professor at the Institute of Mahatma Gandhi’s birth anniversary. In it, people pledged Medical Science (Anatomy Department), has been

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IBS Quest not to get married a girl below 18 years or a boy below 21 in FY 18 due to the lingering effects of disruption caused by or participate in a child marriage or a wedding with dowry. demonetisation and transition costs of GST.

 President Ram Nath Kovind has appointed a  has been named as the new chairman of Commission to examine the sub-categorisation of OBCs. the Film and Television Institute of India (FTII). Under the chairmanship of G Rohini. Film actor Anupam Kher has been appointed as the new President Ram Nath Kovind has recently appointed a chairman of the Film and Television Institute of India Commission to examine the sub-categorisation of the Other (FTII). He succeeded Gajendra Chauhan. Kher has worked Backward Classes (OBCs). Justice (Retd.) G. Rohini will be in more than 500 films and over 100 plays in last three the chairperson of the Commission which will present its decades. report to the President within 12 weeks.  Empower Girls: Before, during and after crises is the  Dr. Harshvardhan has launched SECURE Himalaya theme of 2017 International Day of the Girl Child. project in association with UNDP. Dr. Harsh Vardhan, the The International Day of the Girl Child (IDGC) is Union Environment Minister, has launched SECURE celebrated every year on October 11 to highlight and Himalaya project in association with United Nations address the needs and challenges girls face, while promoting Development Programme (UNDP) at the Global Wildlife girls’ empowerment and the fulfillment of their human Programme (GWP) conference in New Delhi. The purpose rights. of the 6-year project is to secure livelihoods, conservation, sustainable use and restoration of high range Himalayan  Rank of India in Global Hunger Index 2017 100th out of ecosystems, which is meant for specific landscapes. 119 Countries.

 Soumya Swaminathan has become the first Indian to India ranked 100th position among 119 countries on Global hold deputy director general post at World Health Hunger Index (GHI) 2017 report released by Washington- Organisation (WHO). based International Food Policy Research Institute (IFPRI). This year slipped by three positions as compared to 97th Dr Soumya Swaminathan has become the first Indian to rank in 2016 GHI. The Central African Republic (CAR) has hold deputy director general post for Programmes at the the highest GHI score and has been categorised as World Health Organisation (WHO). Currently, she is the “extremely alarming”. Director General (DG) of the Indian Council of Medical Research (ICMR). Dr Swaminathan is a paediatrician and is  New Delhi has hosted the first meeting of EAC-PM. known for her research in tuberculosis and HIV. The first-ever meeting of newly-constituted Economic  Rajneesh Kumar has been appointed as the new Advisory Council to Prime Minister (EAC-PM) was held at chairman of the State Bank of India (SBI). Rajnish NITI Aayog, in New Delhi. It was chaired by Dr. Bibek Kumar, the Managing Director of SBI, has been appointed Debroy, Member NITI Aayog. Prime Minister Narendra as the new chairman of the State Bank of India (SBI) for a Modi has constituted five member EAC-PM in September period of three years. He succeeded Arundhati 2017 as an independent body to provide advice on economic Bhattacharya, who was the first women chairman of Apex issues to the government, specifically to the Prime Minister. Bank of India.  India’s first-ever All India Institute of Ayurveda has  India’s GDP forecast for FY18 by IMF in its latest come up in New Delhi. World Economic Outlook (WEO) report is 6.7%. India’s first-ever All India Institute of Ayurveda (AIIA) has The International Monetary Fund (IMF) has recently been inaugurated by Prime Minister Narendra Modi at released its October 2017 World Economic Outlook. In it, Sarita Vihar in New Delhi on the occasion of 2nd National IMF slashed India’s growth forecast by 0.5% points to 6.7% Ayurveda Day (NAD) i.e. on 17 Oct 2017. It has been set up

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IBS Quest along the lines of All India Institute of Medical Sciences development. India is the third country with which Japan (AIIMS). has signed the MoC.

 The Global Handwashing Day (GHD) is observed every  #IamThatWoman online campaign has launched by year on October 15. Union Ministry of Women and Child Development (WCD) to end gender bias in women against women. The Global Handwashing Day (GHD) is observed every year on October 15 as an annual global advocacy day to The Union Ministry of Women and Child Development increase awareness and understanding about the importance (WCD) has launched an online campaign #IamThatWoman of handwashing with soap as an easy, effective, and to end gender bias in women against women.Through the affordable way to prevent diseases and save lives. campaign, the Ministry seeks to highlight the various aspects of women standing ‘by’ and ‘for’ women. The  Petroleum Minister Dharmendra Pradhan has signed purpose of the campaign is to shed light on the enormous pact with Japan for a Technical Intern Training contributions made by women for women. Program (TITP).  Arunachal Pradesh (Re-Orgaisation of Districts) The 6th annual LNG Producers Consumer Conference has Amendment Bill 2017 to create a new district named started in Tokyo, Japan from Oct 16-18, 2017. In it, India ‘Kamle’. has signed a Memorandum of Co-operation (MoC) with Japan to send youngsters there as technical interns for on- Kamle is the 23rd district of Arunachal Pradesh. It has been the-job training for a period of three to five years. The MoC created by bifurcating the present Upper and Lower on TITP is expected to significantly expand the bilateral Subansiri districts. The bill was introduced on October 14, cooperation between India and Japan in the field of skill 2017 by Arunachal Pradesh Chief Minister Prema Khandu.

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IBS Quest INTERNATIONAL NEWS  The joint training exercise “Mitra Shakti 2017” has  Vinay Mohan Kwatra, the 1988 batch of IFS officer, has started between India and Sri Lanka. been appointed as the new Ambassador to Principality of Monaco. The 5th India-Sri Lanka joint training exercise “Mitra Shakti 2017” has started at Aundh Military Station in Pune, Vinay Mohan Kwatra, the 1988 batch of IFS officer, has Maharshtra. The exercise is based on Counter Terrorist been appointed as the new Ambassador to Principality of Operations (CTO) and an Infantry company from both the Monaco, with residence in . He will take his countries is participating in the same.. assignment shortly. Presently, he is Ambassador of India to France.  India has been ranked 100th out of 119 countries in the 2017 Global Hunger Index (GHI) report.  India’s rank in the world’s most valuable nation brands is 8th according to Brand Finance’s Nation Brands 2017 India has been ranked 100th out of 119 countries in the report. 2017 Global Hunger Index (GHI) report, which is released by Washington-based International Food Policy Research India has been ranked 8th out of 100 countries on a list of Institute (IFPRI). As per report, India’s score (31.4) is at the most valuable nation brands, according to Brand Finance’s high end of the serious category, and is one of the main Nation Brands 2017 report. The list is topped by US, factors pushing South Asia to the category of worst followed by , Germany, Japan and United Kingdom. performing region on the GHI 2017, followed closely by In terms of valuation, India’s National Brand Value in 2017 Africa South of the Sahara.The list is topped by Belarus. is $2.04 trillion, down one percent from last year’s $2.06 trillion.  India’s GDP forecast for FY18 by the World Bank (WB) is 7.0%in its South Asia Economic Focus (Fall  Rajnath Singh, The Minister of Home Affairs has 2017) report. inaugurated the first ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017). The World Bank (WB), in its biannual economic update “South Asia Economic Focus (Fall 2017)”, has reduced Rajnath Singh, the Union Home Minister, has inaugurated India’s GDP growth forecast to 7.0% for 2017-18 from the first annual BIMSTEC Disaster Management Exercise- 7.2% estimated earlier. As per report, the unexpected 2017 (BIMSTEC DMEx-2017) in New Delhi on October slowdown in India’s growth story is because of the delayed 10. The delegates from all 7 nations of the BIMSTEC consequence of demonetization, sharp decline in the growth grouping, – namely Bangladesh, Bhutan, India, Myanmar, rate of public expenditures and uncertainty created by the Nepal, Sri Lanka and Thailand are participating in the introduction of Goods and Services Tax (GST). event.

 India’s GDP forecast for FY18 is 6.7% by IMF in its  Yoga for Wellness is the theme of the 2017 International latest World Economic Outlook (WEO) report. Conference on Yoga.

The International Monetary Fund (IMF) has recently M Venkaiah Naidu, the Vice President of India, has released its October 2017 World Economic Outlook. In it, inaugurated the 3rd International Conference on Yoga in IMF slashed India’s growth forecast by 0.5% points to 6.7% New Delhi with theme “Yoga for Wellness”on October 10, in FY 18 due to the lingering effects of disruption caused by 2017. The 2-day conference is being organized by the demonetisation and transition costs of GST. Ministry of AYUSH as a part of year long events being organized to celebrate 21st June as International Day of Yoga.

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IBS Quest  Nisha Biswal will head the US-India Business Council.  The world’s first negative emissions plant that turns CO2 into stone has opened in Iceland. Nisha Biswal, a former state department official, will head the US-India Business Council (USIBC), a powerful The world’s first negative emissions plant that turns carbon advocacy group of US companies with business interest in dioxide (CO2) into stone has begun operations in India. She is expected to join on November 1, 2017. The Hellisheidi, Iceland. In it, the CO2 is captured from ambient USIBC is a part of the US Chamber of Commerce, the air, bound to water, and sent to more than 700 meters largest lobbying organisation in the country that wields real underground. political power in Washington.  The 2017 International Day of Rural Women is observed  Rajesh Nath has been conferred the ‘Cross of the Order on 15 October. of Merit’, the highest civilian honour of Germany. The International Day of Rural Women is observed every Rajesh Nath, the managing director of VDMA India, has year on October 15 to recognize the crucial role that women been conferred the ‘Cross of the Order of Merit’, the highest and girls play in ensuring the sustainability of rural civilian honour awarded to individuals for their services to households and communities, improving rural livelihoods Germany. The award, also known as Bundesverdienstkreuz and overall wellbeing. The 2017 theme is “Challenges and or Federal Cross of Merit was instituted in 1951. opportunities in climate-resilient agriculture for gender equality and the empowerment of rural women and girls”.  The international exhibition ‘World Dental Show 2017’ has opened in Mumbai.  The first-ever International tri services joint exercise “INDRA – 2017” has conducted between Indian & The 3-day international exhibition – ‘World Dental Show . 2017’ has opened in Mumbai, Maharashtra on October 6, 2017 to showcase the evolving global technologies and The first-ever International tri services joint exercise techniques in dentistry. The exhibition, hosted by the Indian “INDRA – 2017” will be conducted between Indian and Dental Association (IDA), has witnessed participation from Russian Armed Forces in the Eastern Military District of the international exhibitors from China, Germany, Israel, Russia from 19 to 29 Oct 2017. the INDRA-2017 will Malaysia, Russian Federation, South Korea, Taiwan, strengthen mutual confidence, inter-operability and enable , UK and US. sharing of best practices between both the armed forces.

 Audrey Azoulay has been elected to become the new  George Saunders has won the 2017 Man Booker Prize. Director-General (DG) of UNESCO. US author George Saunders has won the 2017 Man Booker Prize for his first full-length novel “Lincoln in the Bardo” Audrey Azoulay, a French civil servant and politician, has and became only the 2nd American writer to win £50,000 been elected to become the new Director-General (DG) of ($66,000) Britain’s prestigious English-language literary United Nations Educational, Scientific and Cultural award. Organization (UNESCO). She will succeed outgoing DG Irina Bokova of .  The 2017 International Day for the Eradication of Poverty (IDEP) is observed on 17 October.  HPCL has become the first Indian Oil Marketing Company (OMC) to launch lubricants in Myanmar. The International Day for the Eradication of Poverty (IDEP) is observed every year on October 17 to raise people’s The Hindustan Petroleum Corporation Ltd (HPCL), the awareness of the need to eradicate poverty and destitution public sector undertaking, has become the first Oil worldwide, particularly in developing countries. The 2017 Marketing Company (OMC) from India that has started theme ‘Answering the Call of October 17 to end poverty. marketing lubricants in Myanmar and has chosen commercial hubs of Yangon and Mandalay.

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IBS Quest  Kavita Devi has become the India’s first-ever woman Zealand’s third female prime minister (after Jenny Shipley wrestler to sign for World Wrestling Entertainment and Helen Clark). She will also be the second-youngest (WWE). Prime Minister of New Zealand after Edward Stafford.

Kavita Devi from Haryana has become the first ever woman  Lebanon’s parliament approves country’s first budget wrestler from India to sign up for the World Wrestling since 2005 Entertainment (WWE). She also has the distinction of being Lebanon’s parliament approved country’s first budget in 12 the first Indian woman to compete in a WWE ring. years. It is aimed towards reforming the fragile economy  has been chosen as the partner country for the and preventing rising debt from becoming a crisis-like 23rd edition of Technology Summit. situation.Political crisis gripped Lebanon since the assassination of former Prime Minister Rafik al-Hariri in Canada has been chosen as the partner country for the 23rd 2005, thereby preventing the successive government from edition of Technology Summit which is scheduled to be passing the budget. held from 14th – 15th November, 2017 in New Delhi. It is jointly organised by the Confederation of Indian Industry  Indian-American girl wins 2017 Young Scientist (CII) and the Indian Department of Science Challenge for water contamination detection device and Technology (DST). The theme of this summit will be Indian-American Gitanjali Rao, 11, was announced the ‘Advanced Manufacturing’ winner of Discovery Education’s 3M Young Scientist  Adesina Receives 2017 World Food Prize Laureate Challenge. The sensor-based device detects the quality of Award. water and shares the results to a mobile application via Bluetooth. DR. AKINWUMI AYODEJI ADESINA,the President of the African Development Bank (AfDB), will be recognized  India, Brazil, South Africa sign IBSA Trust Fund as the 2017 World Food Prize Laureate. He was Nigeria’s agreement former Minister of Agriculture and rural development. India, Brazil and South Africa (IBSA) have signed the  Jacinda Ardern to become New Zealand Prime Minister. IBSA Trust Fund Agreement that seeks to fight poverty in developing countries. It was signed at the 8th IBSA New Zealand Labour Party’s leader Jacinda Ardern is set to trilateral Ministerial Commission Meeting in Durban, South become youngest-ever female Prime Minister of New Africa. It is an international tripartite grouping for Zealand. 37 year old Jecinda Ardern will become New promoting international cooperation among these countries.

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IBS Quest SCIENCE & TECHNOLOGY

Japan launches fourth Michibiki satellite for hi-tech GPS Stratolaunch: World’s largest aircraft successfully passes fire engine test The Japan Aerospace Exploration Agency (JAXA) successfully launched Michibiki-4 The world’s largest all-composite airplane Stratolaunch in satellite (QZSS-4) onboard of H-IIA rocket terms of wingspan successfully completed its initial engine tests. from Tanegashima Space Centre. It was fourth It is designed for launching for sending satellite-carrying rockets satellite in Michibiki series i.e. Quasi-Zenith into low-Earth orbit. Satellite System (QZSS), which is a satellite- Scientists create world’s first molecular robot based high-precision global positioning system similar to US operated GPS. Scientists from University of Manchester have created world’s first ‘molecular robot’ — millionth of a millimetre in size. It can Bacteria can spread antibiotic resistance through soil. be used to build molecules and may help discover novel drugs. Researchers including one of Indian origin Ichthyosaur Fossil discovered for first time in India from North Carolina State University in US have found that antibiotic resistance can be Geologists for the first time have discovered 152 million year passed between bacteria found in the soil. old fossil of Ichthyosaur an extinct marine reptile in Kutch They also have found that spreading manure Desert Region of Gujarat. The Specimen belongs to on ground as fertiliser can also spread antibiotic resistance to opnthalmosauridae family of Ichthyosaurs that lived in oceans bacteria in the soil. between 165 and 90 million years. ago. Scientists Develop new tool to Improve monsoon forecast USA approves first test to screen Zika Virus in donated blood. Scientists from Florida State University in the US have United States Food and Drug Administration developed new tool for objectively defining onset & demise of (FDA) has approved ‘Cbas Zika test’ for Indian Summer monsoon. The new method uses rainfall rates to detecting Zika virus in donated blood. It is mark span of ISM at any given location throughout affected first of kind test approved by FDA for regions. detecting Zika virus in donated blood. CSIR – NIIST scientists develop organic near infrared filter Sibir : World’s biggest and most powerful nuclear Scientists from Thiruvanthapuram based CSIR National Institute icebreaker ship launched by Russia for interdisciplinary science and Technology have developed Russia launched Sibir (Siberia), the world’s organic filter that allows only near-Infrared light to pass through largest nuclear-powered icebreaker ship built it. under Project 22220 into the water at the Commerce & Industries minister Suresh Prabhu launches Baltic Shipyard in St Petersburg. Sibir is CIPAM’S Website second of three icebreakers of new class of biggest nuclear Min of commerce & Industries recently launched the official powered icebreakers ever constructed under Project 22220. The website for the cell for IPR Promotion and Management first one was Arktika (Arctic) was put in service in June 2016. (CIPAM) of the department of Industrial Policy and Promotion Third icebreaker Ural is set to be completed in 2019. (DIPP) ISRO’s Mars orbitor mission completes 3 years in orbit First 3D Printed wearable ‘battery’ developed by Brunel ISRO’s globally acclaimed Mars Orbiter Mission University researchers (MOM) also known as Mangalyaan completed three years in Martian orbit. It has outlived its The 3-D Printing method of the wearable battery stacks silicone, original lifespan and is still in good health and glue and gel electrolyte, loyer by layer to make a super continues to work as expected. capacitor. The super capacitor stores energy on its surface without chemical reactions.

<< 13 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

BANKING AND ECONOMY  SBI Life Insurance has received approval from SEBI for  India Post Payments Bank (IPPB) gearing up to provide an IPO (Initial Public Offering) of up to Rs 8,400 crore. its financial services through all of 1.55 lakh post offices and 3 lakh employees by the end of 2018. The IPO will involve 120 million secondary shares or 12 per cent of the insurer's equity capital. It will create India's second-largest payments bank in terms of reach. The new model of banking allows mobile firms,  The black Money has been disclosed by 21 thousand supermarket chains and others to cater to banking people under the Pradhan Mantri Garib Kalyan Yojna requirements of individuals and small businesses. (PMGKY) till 31st March this year 4,900 crore rupees.  The Reserve Bank of India (RBI) will introduce 100 The Income Tax Department has collected a tax of 2,451 rupees coin to mark the birth centenary of AIADMK crore rupees till now from these declarations. The scheme founder, former Tamil Nadu Chief Minister Late Dr. was launched in December 2016 by the government to M.G. Ramachandran. enable people with black money to come clean by paying tax and penalty of 50 per cent. The Reserve Bank of India will also issue new Rs 5 and Rs 10 coins. The new Rs. 5 coins will be 23 milli meters in  Punjab National Bank (PNB) and Bharat Sanchar Nigam diameter and made of copper (75%), zinc (20%) and nickel Limited (BSNL) join hands to roll out open mobile wallet (5%). The standard weight of Rs 100 coin will be made of 35 speedpay across 10 states in the country. grams while that of Rs 5 coin will be 6 grams. Now, BSNL will expand Speed pay services in Punjab,  India's first Payment Bank Airtel Payments Bank Chandigarh (UT), Haryana, Jammu and Kashmir, Himachal launches integrated Unified Payments Interface (UPI) on Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand, and its digital platform. Uttarakhand. In January 2017, Bharti Airtel launched Payments Bank in  Indusind bank has entered into an agreement with India to enable transactions on digital platforms. The Bharat Financial Inclusion to evaluate a potential merger initiative will allow bank customers to link their bank between the two companies. accounts to Bhim app and make UPI payments. Microfinance company Bharat Financial Inclusion (formerly  Fino Payments Bank has launched BPay mobile banking known as SKS Microfinance) is on the block.IndusInd Bank app to make banking easy for millions of underbanked management has been authorized to explore strategic people in India. opportunities for the expansion of its business and to assess the viability of strategic partnership. The mobile banking app enables simple, paperless, and convenient banking that allows customers to make bill  The Pension Fund Regulatory and Development payments, recharges, fund transfers and buy Authority (PFRDA) has raised the upper age limit for insurance.‘BPay’ allows customers to seamlessly access joining the National Pension Scheme (NPS) existing 60- wallet as well as savings account, with a single login and years to -- 65 years. interface. The scheme has the option of continuing and making  State Bank of India has launched India’s first bond index contributions up to the age of 70. National Pension System series for overseas investors at the London Stock (NPS) is a low cost, tax-efficient and flexible retirement Exchange (LSE). savings scheme launched by the government of India (GoI). With the launch of this index alongside FTSE Russell, SBI intention is to give people a benchmark based on which they can make investment calls.

<< 14 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

SPORTS  BCCI nominates Mahendra Singh Dhoni name for Recently Sri Lanka has qualified for the ICC Cricket World Padam Bhushan Award for 2018. Cup 2019 after West Indies lost the first ODI against England at Old Trafford, With this, Sri Lanka has become the eighth The BCCI has nominated former Indian cricket team captain and last team to qualify directly, joining Australia, Mahendra Singh Dhoni (36) for Padma Bhushan, country’s Bangladesh, England, India, New Zealand, Pakistan and third highest civilian award for his contribution to game. He South Africa. is only cricketer nominated by BCCI for this years Padma Awards.  M.C Mary Kom the Indian Boxer has become the first Indian to be picked as AIBA representative at IOC  Gurbax Singh Sandhu Indian Boxer has been honoured athletes’ forum. with the 2017 National Awards for senior citizens. M C Mary Kom, the five-time world champion and Olympic Indian boxing coach Gurbax Singh Sandhu has been bronze-medallist, has become the first Indian to be picked as honoured with the 2017 National Award for senior citizens the International Boxing Association’s (AIBA) representative by President Ram Nath Kovind. for the IOC Athletes’ Forum scheduled in November 2017.  Los Angles city to host the 2028 Summer Olympics.  Bajrang, the Indian Wrestler has won gold at the Asian Thomas Bach, the President of International Olympic Indoor and Martial Arts Games. Committee (IOC), has officially announced that Paris will Indian wrestler Bajrang has won gold in the men’s freestyle host 2024 and Los Angeles will host 2028 Summer 65kg by defeating Daichi Takatani of Japan iIn Asian Indoor Olympics. Both cities wanted to host the 2024 event, before and Martial Arts Games at Ashgabat in Turkmenistan. With Los Angeles agreed to wait an extra four years after the IOC this, Indians added four medals including a gold on the 9th made guarantees on funding. day of the games at Ashgabat in Turkmenistan.  P.V Sindhu became the first Indian shuttler to win BWF  UAE to host the 17th edition of the AFC Asian Cup – Korean Open super series. 2019. Indian shuttler PV Sindhu defeated Nozomi Okuhara of The 2019 AFC Asian Cup football tournament will be hosted Japan to win BWF Korean Open Super Series. Full Name of by United Arab Emirates (UAE). It is the quadrennial PV Sindhu is - PPusarla Venkata Sindhu and she is currently international men’s football championship of Asia organised having world 4 ranking in BWF World Ranking. PV Sindhu by the Asian Football Confederation (AFC). It is the 17th became first Indian woman to win an Olympic silver medal edition of the AFC Asian Cup. in 2016 Summer Olympics. She was also awarded with Padma Shri in 2015.  Shakib ul Hassan has became the 1st cricketer from Bangladesh to be inducted in MCC World Cricket  has authored the book “Unstoppable: Committee. My Life So Far”. All-rounder Shakib Al Hasan has become the first cricketer The book ‘Unstoppable: My Life So Far’ has been authored from Bangladesh to be inducted in the MCC World Cricket by star Maria Sharapova. The book talks about Committee under the chairmanship of Mike Gatting. He is Sharapova’s rise from nowhere to tennis stardom and the regarded as one of Bangladesh’s finest players since they unending fight to stay on top. The book tells how a were awarded the Test status in 2000, with the all-rounder seventeen-year-old Maria Sharapova became an overnight having played 51 Test matches and 177 One-day sensation by defeating the two-time defending champion Internationals (ODI). to win the prestigious Wimbledon.  Yuvraj Singh has become the first Indian Brand  The West Indian cricket teams are not directly qualified Ambassador of Laureus. for the ICC Cricket World Cup 2019.

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IBS Quest Indian Cricketer Yuvraj Singh has become the first Indian Indian cricket team coach Ravi Shastri is the world’s Brand Ambassador of Laureus and joined a host of cricket highest-earning cricket coach in the world. He is paid legends in the Laureus Family, including Indian Academy around 1.17 million dollars per year from the BCCI which members Sachin Tendulkar, Rahul Dravid and Kapil Dev. is more than the salary of Indian cricket team’s captain Virat  Rafel Nadal has won the Lawn Tennis Kohli. Tournament 2017.  Cristiano Ronaldo tops the Forbes Rich List of sport stars , a Spanish professional tennis player, has won According to the latest Forbes’ Rich List Cristiano the 2017 China Open Tennis tournament by defeating in the final by 6-2, 6-1 in , China. It is his 6th Ronaldo is the richest sports personality in the world. The ATP title of the year. Nadal’s six trophies this year include a Real Madrid striker has earned an incredible £70million in record 10th title at the French Open and a third at the US the last year, along with picking up another Champions Open. Leaguemedal and becoming the inaugural winner of The Best FIFA Men’s Player award.  Ravi Shastri becomes World’s Highest Earning Cricket Coach

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IBS Quest PERSON IN NEWS  Senior bureaucrat has been appointed Secretary in the  Former speaker of Singapore’s parliament has been Department of Financial Services (DFS) - Rajiv Kumar. declared as the President of Singapore___Mdm Halimah Yacob The DFS looks after the functioning of banks, financial institutions, insurance companies and the national pension Under section 15 of the Presidential Election Act, declared system. Mdm Halimah to be elected to the office of President as only one candidate stands nominated at end of nomination  The Chairman of the Central Board of Secondary period. Education (CBSE) - Anita Karwal  Former Secretary-General of UN has been elected as She has replaced ‘Rajesh Kumar Chaturvedi’ who has been Chair of Ethics Commission of the International moved to the National Skill Development Agency as Olympic Committee (IOC) - Ban Ki-moon Director General (DG). Mr. Moon was the 8th Secretary-General of the United  Bollywood actress has been appointed woman Nations (Jan 2007 - Dec 2016). ambassador in 'Friends of Australia' (FOA) advocacy panel - Parineeti Chopra  The Director General (DG) of the National Investigation Agency (NIA) - Y.C Modi She will be the first Indian woman ambassador to be a part of the FOA advocacy panel. The 'Friends of Australia' Mr. Modi will take over from Sharad Kumar after he (FOA) program has been devised as a way of fostering completes his tenure on 30th October this year.National mutually beneficial and long-term friendship with those that Investigation Agency (NIA) is a central agency established Tourism Australia regards as unique storytellers. by the Indian Government to combat terror in India.

 Chairman-cum-Managing Director of NMDC (National  The director general (DG) of the Sashastra Seema Bal Mineral Development Corporation) - N Baijendra (SSB) - Rajni Kant Misra Kumar He will hold the post till the date of his superannuation (31st The NMDC (National Mineral Development Corporation) August, 2019). Sashastra Seema Bal (SSB) is one of India's Limited is a state-controlled mineral producer of the Central Armed Police Forces, currently under the Government of India under administrative control of administrative control of the Ministry of Home Affairs theMinistry of Steel. (MHA).

 Who has been unanimously elected as the Chairman of  Bollywood Actor has been appointed as the Brand Press Trust of India (PTI) - Viveck Goenka Ambassador of Swachh Bharat Abhiyan in Uttarakhand - Akshay Kumar. Press Trust of India (PTI) is the news agency in India, headquartered in New Delhi and is a non-profit cooperative In August 2017, he was also appointed as the brand among more than 500 Indian newspapers. ambassador for the cleanliness campaign in Uttar Pradesh.

 The union govt. has appointed interim GSTN Chairman  The ambassador of Poland has been appointed as the -- A.B Panday Indian High Commissioner to Pakistan - Ajay Bisaria. The union govt. has given Unique Identification Authority He will replace Gautam Bambaware. An ambassador of India (UIDAI) CEO ‘A.B. Pandey’ additional charge of (diplomats) is a diplomatic representative that attends Goods and Services Tax Network (GSTN). international meetings, banquets and parties and acts as a figurehead for their country of origin.

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IBS Quest  The Union government has constituted a GST  Indian Badminton legend Prakash Padukone received Committee on Exports headed by - Dr Hasmukh Adhia Badminton Association of India’s (BAI)first lifetime The panel is mandated to recommend to the GST Council a achievement award for his contribution to Badminton suitable strategy for helping the export sector in the post- Padukone had won the 1980 All England, besides bagging a GST set-up. bronze at the 1983 World Championship in Copenhagen and a gold medal at the 1978 Commonwealth Games.  NPCI’s (National Payments Corporation of India) interim Chairman - B Sambamurthy  E.K Palanoswami the Tamilnadu state’s CM has announced cash incentives for meritorious differently- National Payments Corporation of India (NPCI) is the umbrella organisation for all retail payment systems in abled sportspersons in the 7th World Dwarf Games in Canada India, aims to allow Indian citizens to have unrestricted access to ‘e-payment’ services. They will be given cash awards of five lakh rupees each for every gold medal, three lakh rupees each for every silver  Noted economist has been appointed as the first and two lakh each for every bronze. Chairman of the five-member Economic Advisory Council (EAC- PM) - Bibek Debroy  The Bollywood star has received the The council serves to highlight key economic issues facing ‘Global Diversity Award’ at Britain’s House of Commons the country to the government of India from a neutral viewpoint.The Economic Advisory Council to the Prime The Global Diversity Award is given to people of immense Minister (PMEAC) is a non-constitutional, nonpermanent stature in terms of what they have done for diversity in the and independent body constituted to give economic advice world. to the Government of India, specifically the Prime Minister.  The prestigious A Nageswara Rao (ANR) National  The first woman Chief Proctor of Banaras Hindu Award has been given to S.S.Rajamouli for his University (BHU) - Professor Royana Singh contribution to the Telugu film industry Professor Singh is a professor in the Anatomy department of The ANR National Award was instituted by the Akkineni the Institute of Medical Sciences and the chairman of the International foundation in the honor of Akkineni Women's Grievance Cell of the BHU. Nageswara Rao. AWARDS  A Nigerian lawyer teacher & peacemaker Zannah Mustapha has won the 2017 UN High Commission for  Andhara Pradesh CM has announced a reward of one Refugees (UNHCR) crore rupees to Arjuna awardee archer Vennam Jyoti Surekha Mustapha founded a school 10 years ago in Maiduguri (the capital of Borno State) which is the epicentre of the Boko N. Chandrababu Naidu also announced a 500- sq yd house Haram insurgency. site in Vijayawada and a government job for her. The Chief Minister also announced 10 lakh rupees reward for Devisri  The film Newton will be India’s official entry for the Prasad (10-year) of Tirupati on setting the Guinness World Best Foreign Film category at the Oscars 2018-Newton is Record in skating. a 2017 Indian Hindi-language black comedy film directed by Amit V Masurkar and Produced by Drishyam Films.  N.R Narayan Murthi has won the PLuS Alliance Prize for Global Leadership  Eminent scientist C.N.R Rao has chosen for the prestigious Von Hippel Award for his immense Narayana Murthy for Global Leadership and Veena contribution in materials research Sahajwalla for Research Innovation for her project 'The new science of green manufacturing.

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IBS Quest The award citation noted Mr. Rao’s immense work on novel president Sonia Gandhi on October 31, Indira Gandhi’s functional materials, including nanomaterials, graphene and death anniversary. 2D materials, superconductivity, and colossal  Environmental scientist Hans Joachim Schellnhuber magnetoresistance. receives Blue Planet Prize  M K Sanu, the well-known critic, biographer and orator, Environmental scientist Hans Joachim Schellnhuber has been chosen for the Mathrubhumi Literary Award received Blue Planet Prize, world’s most prestigious award for 2017. for pioneers in environmental science. He is the second M K Sanu, the well-known critic, biographer and orator, has recipient of the Blue Planet Prize. She has been awarded for been chosen for the Mathrubhumi Literary Award for 2017 her research about biodiversity and natural capital. in recognition of his rich contribution to the Malayalam  Ministry of Petroleum & Natural Gas conferred with literature. The award carries a cash prize of Rs 2 lakh, a Swachh Bharat Inter-Ministerial Award citation and a statuette. Sanu is a permanent member of International body for Human rights. Ministry of Petroleum & Natural Gas (MoPNG) was awarded Swachh Bharat Inter-Ministerial Award in Swachh  Bindeshwar Pathak has been bestowed with the 2017 Lal Bharat National Award ceremony on Gandhi Jayanti, in Bahadur Shastri National Award for Excellence in New Delhi. The Swachh Bharat Inter-Ministerial Award Public Administration, Academics and Management. was given by Minister of State, Ministry of Drinking Water Dr. Bindeshwar Pathak has been bestowed with the 18th & Sanitation S.S.Ahluwalia to MoPNG. The award was edition of Lal Bahadur Shastri National Award for received by Senior Adviser (PNG). Excellence in Public Administration, Academics and  Javed Akhtar to be honoured with Hridaynath Management for year 2017 by the President of India, Shri Mangeshkar Award Ram Nath Kovind at Rashtrapati Bhavan. Veteran writer and lyricist Javed Akhtar is to be honored  T.D Ramakrishna has been choosen for the 2017 with the Hridaynath Mangeshkar Award will receive Vayalar Ramaverma Literacy Award. Rs.1,00,000 along with a memento. The programme is being T D Ramakrishnan has been chosen for the 2017 Vayalar presented to celebrate the 75-year-old music career of singer Ramavarma Literary Prize for his novel “Sugandhi Enna Lata Mangeshkar. Andal Devanayaki”. The 40th award ceremony will be held  Indian- American Attorney Ajay Raju Recognised With on 27th October 2017, the death anniversary of the late poet Philanthropy Award and lyricist Vayalar Ramavarma. Indian-American attorney Ajay Raju honoured with the 3rd  Gauri Lankesh has become the first person from India American Bazaar Philanthropy award. Ajay Raju has been to win Anna Politkovskaya Award. Kannada journalist awarded for his philanthropic activities in the US. He is Gauri Lankesh, who was shot dead in Bengaluru on honoured with for his commitment to revive Philadelphia September 5, 2017, has been awarded a prestigious global through the Germination Project. Anna Politkovskaya Award, which is given in the memory of a slain Russian reporter and political activist.  Indian peacekeepers in South Sudan awarded UN medal

 Carnatic vocalist T M Krishna has won the Indira 50 Indian peacekeepers placed in South Sudan were Gandhi Award for National Integration for 2015-16. awarded the UN Medal for their service in maintaining peace in South Sudan. The award was presented by Carnatic vocalist T M Krishna has won the Indira Gandhi UNMISS Force Commander General Frank Mushyo Award for National Integration for 2015 -16 for his services Kamanzi. Indian Ambassador to South Sudan, Srikumar in promoting and preserving national integration in the Menon, attended the medal ceremony. country. He will be presented with the honour by Congress

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IBS Quest ORBITUARIES  Noted BJP politician and religious leader Mahant Chand Nath has passed away at a Delhi  Trinamool Congress (TMC) MP Sultan Ahmed passed away after suffering a cardiac arrest He had won the Alwar seat in the 2014 parliamentary elections after defeating Congress candidate and former Mr. Ahmed was elected to the 15th Lok Sabha from Union minister Jitendra Singh Uluberia (Lok Sabha constituency) on a Trinamool Congress ticket. He also served as the Union Minister of  Bollywood actress Shakila passed away due to heart State for Tourism in the Manmohan Singh government. attack at her residence in Mumbai

 Arunachal Pradesh health and family welfare minister She best known for her roles in Guru Dutt's films, Aar Paar Jomde Kena passed away at a private hospital in (1954) and C.I.D. (1956). Guwahati  French businesswoman world's richest woman Liliane He was a resident of Gensi village in Lower Siang district. Bettencourt passed away in Paris Kena was elected as the deputy speaker during the Nabam In 2016, Bettencourt was ranked as the richest woman in the Tuki government and served as a parliamentary secretary world with a fortune of USD 39.5bn by Forbes magazine. under the Dorjee Khandu and Jarbom Gamlin ministries. Bettencourt was the only child of Louise Madelaine Berthe  Noted journalist and activists Gauri Lankesh was shot and Eugene Schueller (founded L’Oreal). dead at her Rajarajeshwari Nagar's residence in  Former World Middleweight Champion and stand-up Bengaluru comedian Jake Lemotta passed away in Miami She was the editor of popular Kannada tabloid Lankesh The boxing legend's life story was told in the movie Raging Patrike founded by her father P Lankesh(writer). Bull where he was played by Robert De Niro who paid  Veteran actor Frank Vincent passed away during open tribute to him. heart surgery in New Jersey  Veteran Marathi writer and journalist Arun Sadhu He is known for his role in films like “The Sopranos” and passed away in Mumbai “Goodfellas”.Vincent most notably appeared as Tony He is better known for his novel in Marathi "Simhasan" and Soprano’s arch nemesis, Phil Leotardo in the “The "Mumbai Dinank". As a journalist, he has won several Sopranos” starting in season five and until the series’ awards including Sahitya Academy award,Bharatiya Bhasha conclusion in 2007. Parishad, NC Kelkar and Acharya Atre award.

 IAF Marshal Arjan Singh passed away recently, who led  The Indian actor of American descent Tom Alter passed the Indian Air Force in the 1965 India-Pakistan War away at his residence in Mumbai Mr. Singh served as the IAF's Chief of Staff during the 1965 He made his big screen debut in 1976 with a small role in India-Pakistan war.Mr. Singh also served the nation as an Dharmendra-starrer Charas and later went on to work in ambassador to Switzerland (in 1971), as High films like Shatranj Ke Khiladi, Gandhi, Kranti, Bose: The Commissioner to Kenya (in 1974) and became the Lt. Forgotten Hero and Veer Zara. Governor of Delhi (in 1989).  A veteran Congress leader Makhan Lal Fotedar passed  The father of nephrology in India Dr. K.S Chugh has away at a hospital in Gurugram passed away in Chandigarh Fotedar was ushered into politics by Jawaharlal Nehru in Dr K S Chugh. Note: Dr Chugh was emeritus professor and early 1950s and he gradually strengthened his position in former head of department of nephrology at the the Congress to become one of the most powerful persons in Postgraduate Institute of Medical Education and Research the party.

(PGIMER), Chandigarh.

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IBS Quest

BANKING: AT A GLANCE

IMPORTANT BANKING TERMS

 Garnishee Order: A legal procedure by which a creditor creditors in its claim on assets and earnings. Owners of this can collect what a debtor owes by reaching the debtor’s kind of bond stand last in line among creditors, but before property when it is in the hands of someone other than the equity holders, when an issuer fails financially. debtor.  Small Industries Development Bank of India (SIDBI):  Initial Public Offering (IPO): It is a type of public An independent financial institution aimed to aid the offering in which shares of a company usually are sold to growth and development of micro, small and medium-scale institutional investors [1] that in turn, sell to the general enterprises (MSME) in India. public, on a securities exchange, for the first time.  BASEL Committee: A committee established by the  Joint Account: Bank account in the name of two or more Central Bank governors of the Group of ten countries in individuals who jointly share its concomitant rights and 1974 that seeks to improve the supervisory guidelines that liabilities. Joint holders of an account are regarded in law central banks or similar authorities impose on both as together making up the ‘owner.’ wholesale and retail banks.  Non-Performing Assets (NPA): It is defined as a credit  CORE Banking Solution (CBS): It is networking of facility in for which the interest and/or installment of Bond branches, which enables Customers to operate their finance principal has remained “past due” for a specified accounts, and avail banking services from any branch of period of time. the Bank on CBS network, regardless of where he maintains his account.  Asset-Backed Securities (ABS): A type of security that is backed by a pool of bank loans, leases, and other assets.  Forgery: It is the process of making, adapting, or imitating Most ABS are backed by auto loans and credit cards – objects, statistics, or documents with the intent to deceive these issues are very similar to mortgage-backed securities. for the sake of altering the public perception.  Collateral: A specific asset pledged against possible  APR: The annual percentage rate of interest, usually on a default on a bond. Mortgage bonds are backed by claims loan or mortgage, usually displayed in brackets and on property. Collateral trusts bonds are backed by claims representing the true cost of the loan or mortgage as it on other securities. Equipment obligation bonds are backed shows any additional payments beyond the interest rate. by claims on equipment.  Annuity: A life insurance product which pays income over  Convertible Bond: A bond with an option, allowing the the course of a set period. Deferred annuities allow assets bondholder to exchange the bond for a specified number of to grow before the income is received and immediate shares of common stock in the firm. A conversion price is annuities (usually taken from a year after purchase) allow the specified value of the shares for which the bond may be payments to start from about a year after purchase. exchanged. The conversion premium is the excess of the  Bounced Cheque: when the bank has not enough funds in bond’s value over the conversion price. the relevant account or the account holder requests that the  Credit Rating: An assessment of the likelihood of an cheque is bounced (under exceptional circumstances) then individual or business being able to meet its financial the bank will return the cheque to the account holder. The obligations. Credit ratings are provided by credit agencies beneficiary of the cheque will have not been paid. This or rating agencies to verify the financial strength of the normally incurs a fee from the bank. issuer for investors.  Certified Documents: These are photocopies of original  Subordinated Bond: An issue that ranks after secured documents that have been signed by a professional i.e. a debt, debenture, and other bonds, and after some general solicitor, accountant, teacher, doctor or bank official. The

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IBS Quest professional also states, on the document, "original seen"  Amortization: The process of reducing debt through since they must be able to verify that these are genuine regular installment payments of principal and interest that copies and therefore have to have seen the original, they will result in the payoff of a loan at its maturity. also date the document and put their full name, profession  Asset-Backed Securities (ABS): A type of security that is and their address. backed by a pool of bank loans, leases, and other assets.  Cheque Book: A small, bound booklet of cheques. A Most ABS are backed by auto loans and credit cards – cheque is a piece of paper produced by your bank with these issues are very similar to mortgage-backed securities. your account number, sort-code and cheque number  Automated Teller Machine (ATM): A machine, activated printed on it. The account number distinguishes your by a magnetically encoded card or other medium that can account from anyone elses, the sort-code is your bank’s process a variety of banking transactions. These include special code which distinguishes it from any other bank. accepting deposits and loan payments, providing  Endowment Mortgage: Interest only is paid over the term withdrawals, and transferring funds between accounts. of this sort of mortgage and the capital is repaid at the end  Bancassurance: Bancassurance refers to the distribution of the term by using the monies from an endowment of insurance products and the insurance policies of policy. insurance companies which may be life policies or non-life  Marginal Standing Facility (MSF): It is rate at which the policies like home insurance - car insurance, medi-policies scheduled banks can borrow funds overnight from RBI and others, by banks as corporate agents through their against government securities. It is a very short term branches located in different parts of the country by borrowing scheme for scheduled banks. It adjusted to charging a fee. 6.25%.  Banker's Lien: Bankers lien is a special right of lien  Statutory Liquidity Ratio (SLR): It was unchanged 20%. exercised by the bankers, who can retain goods bailed to It is amount that banks have to maintain a stipulated them as a security for general balance of account. Bankers proportion of their net demand and time liabilities (NDTL) can have this right in the absence of a contract to the in the form of liquid assets like cash, gold and contrary. unencumbered securities, treasury bills, dated securities  Brick & Mortar Banking: Brick and Mortar Banking etc. refers to traditional system of banking done only in a fixed  Monetary Policy Committee of Reserve Bank of India: branch premises made of brick and mortar. Now there are MPC is a committee of the central bank — Reserve Bank banking channels like ATM, Internet Banking, tele banking of India, headed by its Governor. It was set up by etc. amending the RBI Act to provide for a statutory and  Inflaion: Inflation is as an increase in the price of bunch of institutionalised framework for MPC. The 6 member MPC Goods and services that projects the Indian economy. An is entrusted with the task of fixing the benchmark policy increase in inflation figures occurs when there is an interest rate (repo rate) to contain inflation within the target increase in the average level of prices in Goods and level. services. Inflation happens when there are fewer Goods  Account Holder: Any and all persons designated and and more buyers; this will result in increase in the price of authorized to transact business on behalf of an account. Goods, since there is more demand and less supply of the Each account holder's signature needs to be on file with the goods. bank. The signature authorizes that person to conduct  Deflation: Deflation is the continuous decrease in prices of business on behalf of the account. goods and services. Deflation occurs when the inflation  Arbitrage: Buying a financial instrument in one market in rate becomes negative (below zero) and stays there for a order to sell the same instrument at a higher price in longer period. another market.  PLR: The Prime Interest Rate is the interest rate charged by banks to their most creditworthy customers (usually the

<< 22 >> | IBS QUEST | DECEMBER, 2017

IBS Quest most prominent and stable business customers). The rate is 8. Which card is issued by NPCI (National Payments almost always the same amongst major banks. Adjustments Corporation of India)? to the prime rate are made by banks at the same time; Ans: RuPay Card although, the prime rate does not adjust on any regular 9. Definition of Current Account deficit: basis. Ans: A measurement of a country's trade in which the  FII: FII (Foreign Institutional Investor) used to denote an value of goods and services it imports exceeds the value of investor, mostly in the form of an institution. An institution goods and services it exports. established outside India, which proposes to invest in 10. Full form IFSC – Indian market, in other words buying Indian stocks. FII's generally buy in large volumes which has an impact on the Ans: Indian Financial System Code stock markets. Institutional Investors includes pension 11. Commercial paper can be issued for a maximum period funds, mutual funds, Insurance Companies, Banks, etc. of:  FDI: FDI (Foreign Direct Investment) occurs with the Ans: 365 days or 1 year. purchase of the “physical assets or a significant amount of 12. The Mutual funds in India follow accounting standards ownership (stock) of a company in another country in order laid by: to gain a measure of management control” (Or) A foreign Ans: SEBI (Securities and Exchange Board of India) company having a stake in a Indian Company. 13. Minimum amount for Certificate of Deposit has been  Fiscal Deficit: It is the difference between the fixed at: government’s total receipts (excluding borrowings) and Ans: Rs. 1 Lakh total expenditure. 14. AML is a term mainly used in the financial and legal 100 ONE LINERS BANKING industries. Expand the term AML: 1. MICR code consists of how many digits? Ans: Anti Money Laundering Ans: 9 digits. (First three digits denotes city, next three 15. PIN is a number allocated to an individual and used to digits representing the bank and the last three digits validate electronic transactions. Expand representing the bank branch) Ans: Personal Identification Number 2. What is the minimum limit in RTGS system? 16. What is Repo rate? Ans: 2 lakhs (there is no upper limit in RTGS) Ans: It is the rate is the rate at which RBI lends money to 3. What is full form of CTS? the commercial banks. Ans: Cheque Truncation System 17. What is Stale Cheque? 4. Under which service, customers may access their bank Ans: A cheque which is presented to a bank after 3 months account and perform basic transactions from any of the from date of issue is considered as stale cheque and will member branch offices? often not be honored for cash or deposit at a bank. Ans: Core Banking Solution (CBS) 18. What is Bancassurance? 5. Exchange of cash flow in different currency is known Ans: The selling of life assurance and other insurance as: products and services by banking institutions. Ans: Currency Swap 19. The objective of KYC guidelines is to prevent banks from being used, intentionally or unintentionally, by 6. Assets or loans which stop performing after 90 days is criminal elements for money laundering or terrorist known as: financing activities. What is the full form of KYC? Ans: Non Performing Asset (NPA) Ans: Know Your Customer (KYC) 7. Who controls the Monetary Policy in India? 20. Know Your Customer (KYC) guidelines are issued Ans: RBI (Reserve Bank of India) under:

<< 23 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Ans: Section 35A of the Banking Regulation Act, 1949 (The IFSC is an 11 digit alpha numeric code, with the first four digits identifying the bank, fifth is numeric (kept 0) 21. In BSBDA (Basic Savings Bank Deposit Account) the and the last six digits represent the bank branch.) credits in a financial year does not exceed rupees: 35. When money is lent or borrowed for one day or on Ans: Rs. 1 lakh overnight basis it is known as: 22. In BSBDA (Basic Savings Bank Deposit Account) the Ans: Call Money balance at any point of time does not exceed rupees: 36. When money is lent or borrowed for between 2 days Ans: Rs. 50,000 and 14 days it is known as: 23. In BSBDA (Basic Savings Bank Deposit Account) the Ans: Notice money withdrawals and transfers in a month does not exceed rupees: 37. When money is lent or borrowed for a period of more than 14 days, it is known as: Ans: Rs. 10,000 Ans: Term money 24. At which rate RBI give loans to commercial banks? 38. Treasury Bills and Certificate of Deposit are considered Ans: Repo rate as the ____instruments. 25. Full form of CASA: Ans: negotiable money market Ans: Current Account Saving Account 39. Commercial Paper (CP) is an unsecured money market 26. In what denominations Commercial Paper (CP) can be instrument issued in the form of a _____. issued? Ans: Promissory note. Ans: Rs. 5 lakh 40. What is the upper limit in Public Provident Fund 27. What is the minimum denomination of Treasury bills to (PPF)? issue in India? Ans: Rs. 1.5 lakhs Ans: Rs. 25,000 41. As per RBI guidelines, with effect from April 1, 2012, 28. Who cannot issue Certificate of Deposit (CD)? the validity period of Cheques, Demand Drafts, Pay Orders and Banker's Cheques is _____ Ans: Regional Rural Banks (RRBs) and Local Area Banks (LABs) Ans: 3 months 29. Expand ASBA: 42. What is the time limit for an asset or loan to be declared as Non-Performing Asset? Ans: Application Supported by Blocked Amount Ans: 90 days 30. Depositor Education and Awareness Fund (DEAF) is maintained with: 43. Deposit Insurance and Credit Guarantee Corporation (DICGC) does not cover: Ans: RBI Ans: Primary co-operative societies 31. Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with: 44. RBI measure to liquidate the market: Ans: Central Bank (RBI) Ans: Repo rate. 32. What is the maximum amount per transaction NEFT 45. Full form of EFT: limit for cash-based remittances to Nepal? Ans: Electronic Fund Transfer Ans: Rs. 50,000 46. Fastest mode of transaction: 33. What does CAR stands for? Ans: RTGS Ans: Capital Adequacy Ratio 47. Alphanumeric code on cheque is known as: 34. IFSC code consists of _____ alpha numeric code. Ans: Indian Financial System Code (IFSC) Ans: 11 digits 48. Bank pays interest on savings account?

<< 24 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Ans: Daily Basis 61. How much fee charged to file a complaint under Banking Ombudsman? 49. What is the loan limit for education under priority sector for studies abroad? Ans: Banking Ombudsman does not charge any fee Ans: Rs. 20 lakh 62. Who is the appellate authority in Banking Ombusdsman? (Loans to individuals for educational purposes including vocational courses upto Rs.10 lakh for studies in India and Ans: Deputy Governor of RBI Rs. 20 lakh for studies abroad are included under priority 63. If any customer is not satisfied by the decision of sector.) Banking Ombudsman, customer can appeal against the 50. RuPay Card is an Indian version of credit/ debit card is award before the appellate authority within how many launched by which organization: days from the date of receipt? Ans: NPCI (National Payments Corporation of India) Ans: 30 days 51. Fixed Deposit (FD) Account may be opened for a 64. ATMs or Cash Dispensing machine which are owned minimum period of: and operated by Non-Banking Financial Companies are called: Ans: 7 days Ans: White Label ATMs. 52. What is the minimum amount required to open a Fixed Deposit (FD)? 65. RBI gave in-principle for Banking license to: Ans: Rs.1000 Ans: IDFC and Bandhan 53. The Banks has converted all ‘no - frills' accounts’ into: 66. Minimum capital requirement for new banks in private sector is: Ans: Basic Savings Bank Deposit Accounts Ans: Rs. 500 crore 54. 'Pradhan Mantri Jan Dhan Yojana' is a Scheme for: 67. A Non-Banking Financial Company (NBFC) is a Ans: Financial inclusion company registered under the: 55. How much overdraft facility to be provided in Ans: Companies Act, 1956 'Pradhan Mantri Jan Dhan Yojana' scheme? 68. Minimum capital requirement for Non-Banking Ans: Rs. 5,000 Financial Company (NBFC) is: 56. In CBS, C stands for: Ans: Rs. 500 crore Ans: Core (Core Banking Solutions) 69. The NBFCs are allowed to accept/renew public deposits 57. In CRAR, A stands for: for a minimum period of: Ans: Assets (Capital to Risk Weighted Assets Ratio) Ans: 12 months (and maximum period of 60 months) 58. IMPS- Immediate Payment Service is an interbank 70. A NBFCs cannot offer interest rates higher than the electronic instant mobile money transfer service ceiling rate prescribed by RBI? What is the present through mobile phones in India, the facility is provided ceiling? by: Ans: 12.5 per cent per annum Ans: NPCI (National Payment Corporation of India) 71. Minimum capital requirement for Foreign banks that 59. The Central Bank of India has adopted new measure of want to set up operations in India is: inflation: Ans: Rs. 500 crore Ans: Consumer Price Index (CPI) 72. What is the minimum paid-up capital requirement of 60. When a cheque is torn into two or more pieces and both small banks and payments banks in India? presented for payment, such a cheque is called: Ans: Rs. 100 crore Ans: mutilated cheque 73. RBI extended the timeline for full implementation of Basel III norms till:

<< 25 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Ans: 31 March 2019 86. Full form of REIT: 74. SLR (Statutory Liquidity Ratio) is the amount a Ans: Real State Investment Trust commercial banks needs to maintain in the form of 87. Forward Market Commission was merged with: ______before providing credit to its customers. Ans: SEBI Ans: cash, or gold, or govt. approved securities (Bonds) 88. Purpose of starting Minor account for 10 years 75. ______is the rate at which banks borrow funds children: overnight from the Reserve Bank of India (RBI) against approved government securities. Ans: Financial inclusion Ans: Marginal Standing Facility (MSF) 89. Full form of CVV: 76. Who issues Treasury bills (T-bills) in India? Ans: Card Verification Value Ans: Government of India 90. Bank of International Settlement headquarter: 77. Treasury bills are available for a minimum amount of: Ans: Switzerland Ans: Rs. 25,000 91. Who appoints Banking Ombudsman officer? 78. Minimum & Maximum Limit of NEFT: Ans: RBI Ans: No limit 92. IFRS full form: 79. What is the rate of interest rate on provident fund for Ans: International Financial Reporting Standards. the current fiscal? 93. Corporate Social Responsibility committee headed by: Ans: 8.75% Ans: Anil Baijal 80. Govt. to implement GST (Goods & Services Tax) new 94. Which is the Regulatory body for RRBs? indirect tax regime from: Ans: NABARD Ans: 1st April 2017 81. RBI extends deadline for exchanging pre-2005 currency 95. RBI policy related to money laundering? from June 30, 2015 to Ans: Know Your Customer (KYC) Ans: December 31, 2015 96. Mutual funds regulated by: 82. How much amount RBI allows in 'Tap and pay' Ans: SEBI (Securities and Exchange Board of India) transactions without PIN? 97. What is the full form of MTSS? Ans: Rs. 2000 Ans: Money Transfer Service scheme 83. RBI lifted a ban on carrying Indian bank notes of Rs 1,000 and Rs. 500 denominations to and from: 98. How much amount of money can RBI lend to a bank? Ans: Nepal and Bhutan Ans: 2% of NDTL (Net Demand and Time Liablities) 84. C stands for in "KYC": 99. What RBI does to Increase its Monetary Base? Ans: Customer Ans: OMO (Open Market Operations) 85. Pension scheme for unorganized sector: 100. Which rate does RBI Reduces to Increase liquidity in market? Ans: Swavalamban Ans: Repo Rate

<< 26 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

MISCELLANEOUS

Days to Remember NOVEMBER 2nd December International Computer Literacy Day, 5th November World Tsunami Awareness Day International Pollution Prevention Day 8th November World Radiography Day 3rd December World Disables Day 9th November World Services Day 4th December Indian Navy Day 10th November International Science day of Peace and 5th December World Soil Day Development 7th December International Civil Aviation Day 11th November National Educational Day (Birthday of 9th December International Day against Corruption first education minister of India Maulana 10th December Human Rights Day Abdul Kalam Azad) 11th December UNICEF Day 12th November World Pneumonia Day 14th December World Energy Day 14th November World Diabetes Day 18th December World Migrants Day 16th November International Day of Tolerance 19th December Goa Liberation Day 19th November World Toilet Day 22nd December National Mathematics Day (Birthday of 21st November World TV Day, World Fisheries Day Srinivas Ramanujan) 26th November National Constitution Day, National Milk 23rd December National Kisan Day (Birthday of Ch. Day Charan Singh) DECEMBER 25th December National Good Governance Day (Birthday 1st December World AIDS Day of Atal Bihari Vajpayi) Important International Organizations & their Headquarter 1. Asian Infrastructure Investment Bank – Beijing, China 19. United Nations Industrial Development Organisation 2. New Development Bank (BRICS Development Bank) – (UNIDO) – Vienna, Shanghai, China 20. International Atomic Agency – Vienna, Austria 3. Asian Development Bank – Manila, Philippines 21. Organisation of Petroleum Exporting Countries (OPEC) – 4. International Monetary Fund (IMF) – Washington DC, US Vienna, Austria 5. World Bank – Washington DC, US 22. Amnesty International – London, UK 6. United Nations Organization (UN) – New York, US 23. International Maritime Organisation – London, UK 7. United Nations Children’s Fund (UNICEF) – New York, 24. Commonwealth of Nations – London, UK US 25. North Atlantic Treaty Organisation (NATO)- Brussels, 8. United Nations Populations Fund (UNFPA) – New York, Belgium US 26. South Asian Association for Regional Cooperation 9. United Nations Conference on Trade & Development (SAARC) – Kathmandu, Nepal (UNCTAD) – Geneva, Switzerland 27. Association of South East Nations (ASEAN) –Jakarta, 10. World Health Organization (WHO) – Geneva, Switzerland Indonesia 11. World Economic Forum – Geneva, Switzerland 28. Asia Pacific Economic Cooperation (APEC) – Singapore 12. International Labour Organisation – Geneva, Switzerland 29. International Cricket Council (ICC) – Dubai, UAE 13. World Trade Organisation – Geneva, Switzerland 30. Food & Agricultural Organisation (FAO) – Rome, Italy 14. World Meteorological Organisation – Geneva, Switzerland 31. International Court of Justice – The Hague, The 15. World Intellectual Property Organisation – Geneva, Netherland Switzerland 32. International Olympic Committee – Lausanne, 16. International Committee of the Red Cross – Geneva, Switzerland Switzerland 33. The Organization for the Prohibition of Chemical Weapons 17. United Nations Education Scientific & Cultural (OPCW) – The Hague, The Netherlands Organisation (UNESCO) – Paris, France 34. The FédérationInternationale de Football Association 18. Organisation for Economic Cooperation & Development (FIFA)– Zurich, Switzerland (OECD) – Paris, France 35. World Wide Fund for Nature (WWF) – Avenue du Mont- Blanc, Gland, Vaud, Switzerland.

<< 27 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Books S.no Authers Books The Immortals of Meluha The Secret of Nagas 1. Amish Tripathi The oath of Vayuputras The Scion of Iksvaku Sita: Mithila ki Yodha Inglorious Empire The Five Dollar Smile 2. Pax Indica An era of Darkness India: From Midnight to Millennium & Beyond The Blue Umbrella Room on the Roof 3. Ruskin Bond A Boy from the Hills Death under the Deodars A fight of Pigeons A Train to Pakistan A women and men in my Life 4. Khushwant Singh Indira Gandhi Returns The end of India, Truth Love & Little Malice

IMPORTANT ABBREVIATIONS AIIB Asian Infrastructure & Investment Bank ASBA Applications Supported by Blocked Amounts AFSPA Armed Forces Special Power Act BCBS Basel Committee on Banking Supervision BCSBI Banking Codes & Standard Board of India BBPS Bharat Bills Payments System BHIM Bharat Interface for Money CCEA Cabinet Committee on Economic Affairs CEPA Comprehensive Economic Partnership Agreement CBDT Central Board of Direct Taxes DIPAM Department of Investment & Public Asset Management

<< 28 >> | IBS QUEST | DECEMBER, 2017

IBS Quest STATE: AT A GLANCE

KARNATAKA female, or 1000 males for every 973 females. This represents a 15.60% increase over the population in 2001. The population density was 319 per km2 and 38.67% of the people lived in urban areas. The literacy rate was 75.36% with 82.47% of males and 68.08% of females being literate. 84.00% of the population were Hindu, 12.92% were Muslim, 1.87% were Christian, 0.72% were Jains, 0.16% were Buddhist, 0.05% were Sikh and 0.02% were belonging to other religions and 0.27% of the population did not state their religion. Kannada is the official language of Karnataka and spoken as a native language by about 66.26% of the people as of 2001. Other linguistic minorities in the state were Urdu (10.54%), Telugu (7.03%), Tamil (3.57%), Marathi (3.6%), Tulu (3.0%), Hindi (2.56%), Konkani (1.46%), Malayalam (1.33%) and Kodava Takk (0.3%).[54] In 2007 the state had a birth rate of 2.2%, a death rate of 0.7%, an infant mortality rate of 5.5% and a maternal mortality rate of 0.2%. The total fertility rate was 2.2.

Major National Parks Wildlife Sanctuaries Bandipur National Park Bhadra Sanctuary Benerghatta National Park Tungbhadra Sanctuary Country India Kudermukh National Park Dandeli Sanctuary Formation 1 November 1956 (as Mysore Nagarhole National park Ranganathitto Bird Sanctuary State) Anshi National Park Capital (and largest city) Bangalore (Bengaluru) Major facts about Karnataka Districts 30 1. Karnataka is the largest producer of Coffee, Ragi and • Governor Vajubhai Vala Electronic Equipments in India . • Chief Minister Siddaramaiah (INC) 2. Panambur Port and New Mangalore Port, the major ports of • Legislature Bicameral (224 + 75 seats) India situated in Karnataka.

• High Court Karnataka High Court 3. Tungbhadra Dam built across the river Tungbhadra in Ballari • Total Area 191,791 km2 (74,051 sq mi) distt of Karnataka. • Total Population (2011) 61,130,704 4. Almatty Dam built across the river Krishna in Vijaypur Distt of Karnataka. • Rank 8th 2 5. Krishna Raja Sagara Dam built across the river Kaveri in • Density 320/km (830/sq mi) Mysore distt of Karnataka.

6. M. Chinnaswamy Stadium of Cricket the world’s first fully Prior to the third century BCE, most of Karnataka formed solar energy Stadium situated in Bengaluru. part of the Nanda Empire before coming under the Mauryan 7. Kempegowda International Airport situated in Bengaluru. empire of Emperor Ashoka. Four centuries of Satavahana rule 8. The temple of Virupaksha situated in Hampi in Ballary distt followed, allowing them to control large areas of Karnataka. The in Karnataka. decline of Satavahana power led to the rise of the earliest native 9. The temple of Gomateshwara Situated in Sharavanabelagola kingdoms, the Kadambas and the Western Gangas, marking the in Hassan distt of Karnataka. region's emergence as an independent political entity. The 10. The capital city of Karnataka “Bengaluru” also known as The Kadamba Dynasty, founded by Mayurasharma, had its capital at Garden City of India, The sillicon Valley of India, The Banavasi;[12][13] the Western Ganga Dynasty was formed with Science City of India, IT Capital of India and Space City of Talakad as its capital. According to the 2011 census of India,[52] India. the total population of Karnataka was 61,095,297 of which

30,966,657 (50.7%) were male and 30,128,640 (49.3%) were

<< 29 >> | IBS QUEST | DECEMBER, 2017

IBS Quest THE NOBEL PRIZE

Peace Prize is awarded not by a Swedish organisation but by the Norwegian Nobel Committee. The prize is not awarded posthumously; however, if a person is awarded a prize and dies before receiving it, the prize may still be presented.[6] Though the average number of laureates per prize increased substantially during the 20th century, a prize may not be shared among more than three people, although the Nobel Peace Prize can be awarded to organizations of more than three people.

Except for the Peace Prize, the Nobel Prizes are presented in Outstanding contributions for Stockholm, Sweden, at the annual Prize Award Ceremony on 10 humanity in chemistry, literature, December, the anniversary of Nobel's death. The recipients' peace, physics, or physiology or lectures are normally held in the days prior to the award Awarded for medicine. Often confused with ceremony. The Peace Prize and its recipients' lectures are Nobel Memorial Prize in Economic presented at the annual Prize Award Ceremony in Oslo, Norway, Sciences. usually on 10 December.

 Sweden (all prizes except the Nobel Awardees in the year 2017 Country Peace Prize) Physics Kip Thorne(USA) , Rainer Weiss (USA), Barry  Norway (Peace Prize only) Barish (USA) for decisive contributions to the  Swedish Academy LIGO detector and the observation of gravitational  Nobel committee of Royal waves". Swedish Academy of Sciences Chemistry Joachim Frank (USA) Richard Handerson Presented by  Nobel committee of Karolinska (UK) Jacques Dubochet (switzerland) for the Institutet development of cryo-electron microscopy, which  Norwegian Nobel Committee both simplifies and improves the imaging of [1] biomolecules. This method has moved Reward(s) 9 million SEK (2017) biochemistry into a new era. First awarded  1901; 116 years ago Literature Kazuo Ishiguro ( BRITAIN ) who, in novels of 579 prizes to 911 laureates as of great emotional force, has uncovered the abyss Number of laureates 2016 beneath our illusory sense of connection with the world".

The will of the Swedish inventor Alfred Nobel established the Peace International Campaign to Abolish Nuclear prizes in 1895. The prizes in Chemistry, Literature, Peace, Weapons (ICAN ) , Estd – 2007, HQ – Geneva Physics and Physiology or Medicine were first awarded in for its work to draw attention to the catastrophic 1901.[2] Medals made before 1980 were struck in 23 carat gold, humanitarian consequences of any use of nuclear and later from 18 carat green gold plated with a 24 carat gold weapons and for its ground-breaking efforts to achieve a treaty-based prohibition of such coating. Between 1901 and 2016, the Nobel Prizes and the Nobel weapons". Memorial Prize in Economic Sciences were awarded 579 times to Medicine Michael W.Young (USA) Michael Rosbash 911 people and organisations. With some receiving the Nobel (USA ) Jaffery C. Hall (USA) for their Prize more than once, this makes a total of 23 organisations, and discoveries of molecular mechanisms controlling 881 individuals. The Royal Swedish Academy of Sciences awards the circadian rhythm". the Nobel Prize in Physics, the Nobel Prize in Chemistry, and the Economics Richard H. Thaler (American) “for showing Sveriges Riksbank Prize in Economic Sciences in Memory of how psychological and social factors affect Alfred Nobel; the Nobel Assembly at Karolinska Institutet awards decisions by individuals or groups in the the Nobel Prize in Physiology or Medicine; the Swedish economy and financial markets”. Academy grants the Nobel Prize in Literature; and the Nobel

<< 30 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

SSC: HISTORY

1. Who was regarded by Gandhiji as his political Guru? 14. Which of the following pairs is NOT correctly matched? (a) Gopal Krishna Gokhale (b) Lala Lajpat Rai (a) Ibn Battuta – Morocco (c) Bipin Chandra Pal (d) Bal Gangadhar Tilak (b) Afanasy Nikitin - Samarkand 2. Which among the following movements was not led by (c) Marco Polo - Republic of Venice Mahatma Gandhi? (d) Alberuni - Uzbekistan (a) Civil Disobedience Movement 15. Which among the following inscription is known as Prayaga (b) Quit India Movement Prashasti? (c) Swadeshi Movement (a) Hathigumpha Inscription (b) Aihole Inscription (d) Non-Cooperation Movement (c) Mehrauli Inscription (d) Allahabad Pillar 3. To make tools and weapons, the earliest inhabitants of India 16. Who established Diwan-i-Amir Kohi? used? (a) Alauddin Khilji (b) Muhammad Bin Tughluq (a) clay (b) wood (c) stones (d) bronze (c) Nasiruddin Shah (d) Razia 4. Who was the founder of Arya Samaj? 17. What was Mushrif-i-Mamalik in the era of Sultanate? (a) Kabir Das (a) Soldier (b) Accountant (b) Shankaracharya (c) Cavalry (d) None of the above (c) Ranade 18. Who adopted the title of Nasir Amir-ul-Momineen? (d) Swami Dayananda Saraswati (a) Jalaluddin Khilji (b) Alauddin Khilji 5. The French challenge to British in India came to an end with? (c) Muhammad bin Tughluq (d) None of the above (a) Battle of Wandiwash (b) Battle of Srirangapatna 19. Who adopted the title of 'Dharma Prachar Bandhu'? (c) Battle of Plassey (d) Battle of Buxar (a) Samundragupta (b) Jalaluddin Khilji 6. Which one of the following is the principal source of (c) Muhammad Tughlaq (d) Aram Shah information on Asoka's campaign against Kalinga? 20. Which of the following is the most important post in the (a) Pillar Edict VII (b) Mahavamsa administration of Delhi Sultanate? (c) Divyavadana (d) Rock Edict XIII (a) Caliph (b) Wazir 7. Who introduced the Indian University Act? (c) Sultan (d) Commander (a) Lord Curzon (b) Lord Minto 21. Who established the department of Diwan-i-Bandagan? (c) Lord John Morley (d) Lord Ripon (a) Mohammad Tughlaq (b) Firoz Shah Tughlaq 8. Tulsidas wrote Ramcharitmanas during the reign of? (c) Ibrahim Lodhi (d) Khizr Khan (a) Akbar (b) Krishnadeva Raya 22. Who was the founder of Tughlaq dynasty? (c) Jahangir (d) Rama Raya (a) Feroz Shah Tughlaq (b) Ghiyasuddin Tughlaq 9. Who was the governor-general during the Second Anglo- (c) Mohammad-bin-Tughlaq (d) None of these Mysore War? 23. Who built the fort of Tughlaqabad near Delhi? (a) Lord Wellesley (b) Sir John Shore (a) Ghiyasuddin Tughlaq (b) Mohammad-bin-Tughlaq (c) Lord Cornwallis (d) Warren Hastings (c) Feroz Shah Tughlaq (d) None of these 10. Who among the following was the Prime Minister of England 24. To which dynasty was Lalitaditya Muktapida the ruler of when India was given independence? Kashmir Belong? (a) Mountbatten (b) Churchill (a) Lohara dynasty (b) Karkota dynasty (c) Clement Attlee (d) Wavell (c) Utpala dynasty (d) None of these 11. Who among the following presided over the fourth Buddhist 25. Who was the Chola ruler to adopt the title of Council? ‘Parakesarivarman’? (a) Ashoka (b) Ajatashatru(c) Kalashoka (d) Vasumitra (a) Vijayalaya (b) Rajendra Chola 12. Din-I-llahi was founded by (c) Parantaka I (d) Aditya I (a) Kabir (b) Akbar 26. Which instrument invented by Tansen? (c) Shah jahan (d) Guru Nanak Dev (a) Rudra Veena (b) Miyan ki Todi 13. Who chaired the Boundary Commission in 1947, to (c) Darbari Kanada (d) All of the above demarcate the boundary line between India and Pakistan? 27. Akbar’s chief court poet was? (a) Krishna Menon (b) Cyril Radcliffe (a) Ghazali (b) Faizi (c) J. Nehru (d) Henderson Brooks (c) Abul Fazl (d) Saiyyad Jamaluddin Faridi

<< 31 >> | IBS QUEST | DECEMBER, 2017

IBS Quest 28. Which is the first building of marble built in Agra Fort? (a) Mahmud Ghazni (b) Muhammad Ghori (a) Diwan-i-Am (b) Diwan-i-Khas (c) Qutbuddin Aibak (d) Yalduz (c) Moti mosque (d) None of these 42. Who was the Viceroy at the time of Quit India Movement? 29. In which style Buland Darwaza is built? (a) Lord Irwin (b) Lord Mountbatten (a) Persian (b) Constantinople (c) Lord Wavell (d) Lord LinLithgow (c) Gujrati (d) Samancandian 43. What is the first sermon of Buddha called as? 30. Which building was not built by Akbar? (a) Mahaparinivan sutta (a) Jodhabai Palace (b) Moti Mosque (b) Brahmajala sutta (c) Sultana Mahal (d) Panch Mahal (c) Dhammachakkapabattana sutta 31. Who was the founder of The Servants of India Society? (d) Kachchayanagotta sutta (a) G.K. Gokhale (b) M.G. Ranade 44. Rowlatt Act 1919 was enacted during the period of? (c) B.G. Tilak (d) Bipin Chandra Pal (a) Lord Chelmsford (b) Lord William 32. Mahatma Gandhi was profoundly influenced by the writings (c) Lord Minto (d) Lord Bentinck of? 45. Which of the following tribes is associated with the “Tana (a) Bernard Shaw (b) Karl Marx Bhagat” movement? (c) Lenin (d) Leo Tolstoy (a) Oraon (b) Munda (c) Santhal (d) Kondadora 33. The monk who influenced Ashoka to embrace Buddhism 46. List-I (Rigvedic name) List-II (Modern name) was? A. Gomal 1. Gomati (a) Vishnu Gupta (b) Upa Gupta B. Kurmu 2. Kurram (c) Brahma Gupta (d) Brihadratha C. Suvastu 3. Swat 34. The Lodi dynasty was founded by? D. Drishavati 4. Ghagghar (a) Ibrahim Lodi (b) Sikandar Lodi A B C D (c) Bahlol Lodi (d) Khizr Khan (a) 2 4 3 1 35. Who among the following British persons admitted the (b) 1 2 3 4 Revolt of 1857 as a national revolt? (c) 4 3 2 1 (a) Lord Dalhousie (b) Lord Canning (d) 1 4 3 2 (c) Lord Ellenborough (d) Disraeli 47. Chandra Gupta Maurya was the follower of? 36. Mention the place where Buddha attained enlightenment? (a) Buddhism (b) Hinduism (a) Sarnath (b) Bodh Gaya (c) Aynika (d) Jainism (c) Kapilavastu (d) Rajgriha 48. The Mauryan king who issued the Nagarjuni Hill Cave 37. The System of Dyarchy was introduced in India in? Inscriptions and assumed the royal title of Devanampriya (a) 1909 (b) 1935 (c) 1919 (d) 1945 was? 38. The Editor of 'Young India' and 'Harijan' was? (a) Ashoka (b) Dasharatha (a) Nehru (b) Ambedkar (c) Bindusara (d) Brihadratha (c) Mahatma Gandhi (d) Subash Chandra Bose 49. Who has the title of ‘Kaviraja’? 39. The Asokan Edicts were deciphered first by? (a) Samudra Gupta (b) ChandraGupta II (a) Sir John Marshall (b) Sir William Jones (c) KumaraGupta (d) ChandraGupta I (c) Charles Wilkins (d) James Prinsep 50. Which chola ruler completed the conquest of Sri Lanka? 40. Who was the founder of the Aligarh Movement? (a) Vijayalaya I (b) Raja Raja I (a) Syed Amir Ali (b) Maulvi Chiragh Ali (c) Parantaka I (d) Rajendra I (c) Sir Syed Ahmad Khan (d) Abdul Halim Sharar 41. Prithvi Raj Chauhan was defeated in the Second Battle of Tarain by? Answer Key 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 a c c d a d a a d c d b b b d b b b a c

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 b b a b a d b a a b a d b c d b c c b c

41 42 43 44 45 46 47 48 49 50 b d c a a c d a a d

<< 32 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

SSC: POLITY

1. Legislative powers of House of Lords in Britain were (D) None of these curtailed by: 13. The President of China is elected by: (A) Bill of Rights of 1689 (A) The National Peoples Congress (B) Magna carta of 1215 (B) Citizens of China (C) The Parliament Act of 1911 (C) The state council (D) None of these (D) None of these 2. The first Prime Minister of Britain was: 14. Majlis-e-shura in Iran consists of: (A) Baldwin (B) Chamberlain (A) 270 members (B) 250 members (C) Robert Walpole (D) None of these (C) 200 members (D) None of these (290) 3. The position of the king was subordinated to Parliament by: 15. Turkey was declared Republic on: (A) The Parliament Act of 1949 (A) 1st November, 1922 (B) 29th October, 1923 (B) The Glorious Revolution of 1688 (C) 3rd March, 1924 (D) None of these (C) The statute of West Minister 16. Upper House of Indian Parliament is commonly known as: (D) None of these (A) Lok sabha (B) Rajya sabha 4. British House of Lords as Highest Court of Appeal Consists (C) Vidhan Parishad (D) None of these of: 17. How many Indian’s were members of Simon Commission: (A) 26 members (B) 16 members (A) Two (B) Four (C) Seven (D) None of these (C) 9 members 18. Lahore resolution of 23rd March 1940 was moved by: (D) None of these (Now Powers rest with SC) (A) Chaudhry Rehmat Ali 5. Vice-President is the presiding Officer of upper house of (B) Maulvi Fazal-ul-Haq Legislature in: (C) Chaudhry Khaliq-uz-zaman (A) United states of America (B) India (D) Chaudhry Khaliq-uz-zaman (C) Both A & B (D) None of these 19. Stanley Wolpert is the author of: 6. Filibustering is a device practiced in : (A) Jinnah of Pakistan (B) Emergence of Pakistan (A) British Parliament (B) French Parliament (C) India Wins Freedom (D) None of these (C) American Congress (D) None of these 20. Number of lists of subjects for law making in 1973 7. Kangroo Closure is a procedure followed by the Law- constitution is: making body of: (A) Three (B) Two (C) One (D) None of these (A) Britain (B) USSR (C) America (D) None of these 21. The turning point in the life of Plato came in the year 339 8. System of “Administrative Law” is provided in the BC when he was of: constitution of: (a) 24 years (b) 26 years (c) 28 years (d) None of these (A) UK (B) USA (C) France (D) None of these 22. " The cause of sedition is always to be found in inequality" 9. State of France is: is said by: (A) Unitary (B) Federation (a) Plato (b) Aristotle (C) Confederation (D) None of these (c) Machiavelli (d) None of these 10. Tenure of French Senate is: 23. According to Aristotle the end of state is: (A) 5 years (B) 4 years (a) Logical (b) Legal (c) Ethical (d) None of these (C) 9 years (D) None of these (6 years) 24. Allam Iqbal characterized as "the sharp agent of devil" to a 11. The constitution of India was promulgated on: political philosopher namely: (A) 26th November, 1949 (B) 21st February, 1948 (a) Chanki Kutalia (b) Machiavelli (C) 26th January, 1950 (D) None of these (c) Karl Marx (d) None of these 12. Official name of China which emerged on world map on 1st 25. Al-Mawardi was a jurist who followed the fiqah of: October, 1949 is: (a) Imam Malik (b) Imam Shafi (A) Nationalist Republic of China (c) Imam Abu Hanifa (d) None of these (B) People’s Republic of China 26. The concept of sovereignty was introduced for the first time (C) Communist Republic of China into politics by:

<< 33 >> | IBS QUEST | DECEMBER, 2017

IBS Quest (a) Hugo Grotious (b) Jean Bodin (c) Machiavelli (d) None of these (c) Thomas Hobbes (d) None of these 39. The great but ungrateful pupil of his master who was born in 27. Khawaja Abu Ali Hasan bin Ali bin Ishaq is widely known 384 BC was: in the history of Islamic political thoughts: (a) Plato (b) Aristotle (c) Socrates (d) None of these (a) Al-Farabi (b) Al-Ghazali 40. "An essay concerning Human Understanding" was (c) Al-Mawardi (d) None of these published in 1690, is the most important work of: 28. The Fascism of Plato got birth in 4th century BC, whereas (a) J.S. Mill (b) Bentham the modern Fascism is the product of: (c) Thomas Hobbes (d) None of these (John Lock) (a) 18th Century (b) 19th Century 41. Referendum was conducted for approval of 1982 (c) 20th Century (d) None of these constitution of Turkey on: 29. "Ilmul-Iqtasad" is written by: (a) 7 November 1982 (b) 17 November 1982 (a) Ibn-Khuldun (b) Allama Iqbal (c) 27 November 1981 (d) None of these (c) Nizam-ul-Mulk Tusi (d) None of these 42. The 1st French Republic was proclaimed on: 30 "A summary of Plato's Laws" was written by: (a) 8 August 1788 (b) 23 June 1789 (a) Al-Farabi (b) Al-Ghazalli (c) 10 August 1792 (d) None of these (c) Al-Mawardi (d) None of these 43. Last emperor of China ruled the country till the year: 31. The doctrine which is a curious blend of German Idealism, (a) 1810 (b) 1912 (c) 1942 (d) None of these English economics and French revolutionary and social 44. Upto 83% Chinese farmers came under combined thoughts is known as: cultivation scheme in the year: (a) Socialism (b) Communism (a) 1868 (b) 1946 (c) 1950 (d) None of these (c) Fascism (d) None of these 45. On return from France Allama Ayatullah Khumeini was 32. J.S. Mill wrote a famous book "On Liberty" in the year: very well received by the people of Iran on: (a) 1759 (b) 1859 (c) 1895 (d) None of these (a) 1 January 1979 (b) 21 January 1979 33. Allam Iqbal did his M.A. in Philosophy from Government (c) 31 January 1979 (d) None of these College Lahore in the year: 46. Dr. Mussadiq, the then Prime Minister dethroned the Iranian (a) 1890 (b) 1895 (c) 1899 (d) None of these King for implementation of democracy in the year: 34. "Re-construction of Religious Thought in Islam" was (a) 1953 (b) 1954 (c) 1954 (d) None of these written by: 47. Lok Sabha, the lower house of Indian parliament, consists (a) Resenthal (b) Al-Mawardi of: (c) Ibn-Khaldun (d) None of these (a) 1300 members (b) 1400 members 35. Machiavelli wrote "The Discourses of the first ten books on (c) 1500 members (d) None of these Titus Livius" in the year: 48. Minimum age to become a member of Rajya Sabha in India (a) 1735 (b) 1745 (c) 1755 (d) None of these is: 36. Montesquieu restricts forms of Government upto: (a) 25 years (b) 30 years (c) 35 years (d) None of these (a) 3 (b) 4 (c) 5 (d) None of these 49. Quaid-e-Azam Muhammad Ali Jinnah spent last days of his 37. Rousseau was born on 28 June 1712 at: life at: (a) New York (b) Washington D.C. (a) Ziarat (b) Quetta (c) Karachi (d) None of these (c) Geneva (d) None of these 50. Objectives Resolution was made a part of preamble of 38 "Man when separated from Law and Justice is the worst of Pakistan Constitution of: all animals" is the saying of: (a) 1956 (b) 1962 (c) 1973 (d) None of these (a) Plato (b) Aristotle

Answer Key 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 c c a d c b a c a d c b a d b b d b a a

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 d b c b b b c c b a d b c d d a c b b d

41 42 43 44 45 46 47 48 49 50 a d b c a d b a c

<< 34 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

Current Affairs Last 3 Months

SEPTEMBER

Prime Minister of Japan Visited India  Prime minister of japan Shinzo Abe came to India on a two day  “Cool EMS” service between the Japan Post and India visit to attend the 12th Indo- Post through which fresh food can be sent from Japan to Japan annual summit meeting India in cool boxes to facilitate for the Japanese emigrants held at Ahmedabad. in India.  Various agreements and MoU’s were signed that would  To identify and foster talented young scientists from both strengthen India-japan bilateral ties. the countries to collaborate in the field of theoretical biology Highlights of the visit:  To facilitate and deepen international education cooperation and exchanges between sports authorities of  PM Modi has gifted a marble statuette of Mahatma India and japan. This move will enhance our medal Gandhi’s “Three Wise Monkeys” to his Japanese prospects in next Olympics. counterpart Shinzo Abe. The monkeys are a symbol of the  To promote institutional cooperation between RIS and proverb ‘see no evil, hear no evil, speak no evil’, believed IDE-JETRO to strengthen the capacity of research and to have its origin in Japan. effectiveness of dissemination of research findings.  PM Modi and Japanese PM Abe lay foundation stone for

India’s first High Speed Rail project from Mumbai to

Ahmedabad. Penalty on Reliance Industries Ltd & BP  India signed a loan deal worth $76 million with Japan International Cooperation Agency (JICA) for a project to  The government has imposed a upgrade the environment management plan at Alang- penalty of 264 million dollar (about Sosiya ship recycling yards in Gujarat. Rs 1,700 crore) on Reliance Industries Ltd and its partners for  India and Japan signed Open sky agreement that will not fulfilling the targeted production allow their airlines to operate unlimited number of flights of natural gas from KG-D6 fields in 2015-16. between the two countries without any restrictions.  The Production Sharing Contract allows RIL and its UK  Japan will extend a loan of Rs 2,239 crore to India for partner BP PLC and Canadian partner Niko Resources to ‘North East Road Network Connectivity Improvement deduct all capital and operating expenses from the sale of gas Project’ to improve the National Highway 40 (NH-40) and before sharing profit with the government. construct a bypass on NH-54 in the Northeast. The project

is expected to contribute to the improvement of the intra- regional and international connectivity through regional Madhyamik and Uchchtar Shiksha Kosh" (MUSK) economic development.  The Cabinet approved creation of a single corpus fund in which all proceeds of secondary and higher education cess will be credited and utilised for the government's schemes in Agreements and MoU’s education sector.  In the field of disaster risk reduction and disaster  The HRD Ministry will be responsible for the prevention. administration and maintenance of the non-lapsable pool  Japanese language education in India as a part of skill account. training.

 To enhance connectivity and promote developmental projects in the North Eastern Region of India DIPAM

<< 35 >> | IBS QUEST | DECEMBER, 2017

IBS Quest than 12 lakhs of Kendriya Vidyalaya students was launched in Kochi.  Swasth Bachche, Swasth Bharat programme will provide a comprehensive and inclusive report card for children covering all age groups and children of different abilities.  The Cabinet Committee on Economic Affairs, CCEA has  Swasth Bachche, Swasth Bharat programme also intends to approved the proposal of Department of Investment and imbibe values of Olympics and Paralympics amongst public Asset Management, DIPAM for the strategic students. disinvestment.

 The approval will help in speedy completion of strategic

disinvestment transactions. Mentor India Campaign  DIPAM is the nodal agency of Union Finance Ministry  NITI Aayog launched the mandated to advise the Union Government in the matters of Mentor India Campaign, a financial restructuring of PSUs and also for attracting strategic nation building investment through capital markets. It will also deal with all initiative to engage leaders matters relating to sale of Union Government’s equity in who can guide and mentor PSUs. students at more than 900 Atal Tinkering Labs, established across the country as a part of the Atal Innovation Mission. World Honey Bee Day  The idea of this campaign is to engage leaders who will nurture and guide students in the Atal Tinkering Labs.  To create awareness about Beekeeping and uses of its

products including Honey, Tribal Cooperative Marketing Development Federation of India Limited (TRIFED) is SC Strikes Down Instant Triple Talaq celebrated World Honey Bee Day (WHBD) 19th August.  The Supreme Court set aside the practice of instant divorce  The main theme of celebrating WHBD is to save Indian through triple talaq among Muslims, terming it as honey bee. unconstitutional, illegal and void.  In a 3:2 majority judgment, the apex court held that triple Navika Sagar Parikrama talaq is against the basic tenets of Quran and hence, is unacceptable.  Navika Sagar Parikrama is a project wherein a team of

women officers of the Indian Navy would circumnavigate the globe on an Indian-built sail boat INSV Tarini. Right to Privacy as Fundamental Right  This is the first ever Indian circumnavigation of the globe by  The Supreme Court declared right to privacy as a an all-women crew. The project is scheduled to commence in Fundamental right under the Constitution. early Sep 17.  According to Supreme Court, right to privacy is protected intrinsically as part of rights guaranteed under Article 21 of “Sankalp Se Sidhi” program the Constitution.

 “Sankalp Se Sidhi” program is being organized across the th country to commemorate the 75 Anniversary of Quit India Coast Guard Ship 'Varuna' Decommissioned Movement.  Indian Coast Guard ship 'Varuna' decommissioned with full armed forces honours ‘Swasth Bachche, Swasth Bharat’ after an illustrious service  ‘Swasth Bachche, Swasth spanning about 30 years, in a Bharat’ Programme, an traditional military ceremony initiative of Kendriya held at the naval base, Kochi. Vidyalaya Sangathan to prepare a physical Health and First Videsh Bhavan Fitness Profile Card for more

<< 36 >> | IBS QUEST | DECEMBER, 2017

IBS Quest  The Ministry of External Affairs (MEA) has decided to collection and facilitate effective implementation of law and integrate all its offices in Maharashtra into a single building policies in key result areas. – the "Videsh Bhavan” - for effective management of its engagement with the State Government of Maharashtra. India’s First World Heritage City Certificate  Ahmedabad in Gujarat was formally accorded the status of First National Sports Museum India's first World Heritage City  The Ministry of Youth Affairs and Sports is going to  The honour makes the walled city of Ahmedabad the first establish National Sports Museum, first of its kind, at city in India, and the third in Asia, to be on the list. Jawaharlal Nehru Stadium, New Delhi.  This museum will showcase the India’s achievements in SAUNI Scheme sports and also focus on the traditional sports within the  President Ramnath Kovind laid foundation stone for link - 4 country. of Saurashtra Narmada Avataran Irrigation Scheme -SAUNI- Yojana in Rajkot district. Bharat Bill Payment System  SAUNI project had been launched by Prime Minister  The National Payments Corporation of India (NPCI) has Narendra Modi during his tenure as Chief Minister of given a nod to Spice Digital Ltd for processing bill payments Gujarat aims to fill up 115 major dams by diverting overflow under the Bharat Bill Payment System (BBPS) as a Bharat of water from the Sardar Sarovar Dam on Narmada River. Bill Payment Operating Unit (BBPOU).  The BBPS through its centralised bill payment system will BN Srikrishna Committee allow the users to use a single website or outlet to pay all  An expert committee has been constituted under the their monthly or repetitive bills such as mobile phone and Chairmanship of former apex court judge Justice BN electricity. Srikrishna to identify key data protection issues in India and recommend methods to address them. Gobindobhog Rice Gets Geographical Indication  The committee will study various issues and make specific Status suggestions for consideration of the government on the principles to be considered for data protection.  Gobindobhog rice,a speciality from Burdwan district of West

Bengal, has got the geographical indication (GI) status.  The region of Burdwan (now divided into the districts of east Indian PM Visited Myanmar and west Burdwan) is known as the rice bowl of Bengal.  Prime Minister Narendra Modi visited Myanmar's capital Naypyidaw on September 6-7 and YUVA met Myanmar President Htin  The ‘YUVA’ initiative by Kyaw. Delhi Police aims to connect  It was PM Modi's first bilateral visit to Myanmar. with youth by upgrading  PM Modi met Myanmar leader Aung San Suu Kyi and their skill as per their visited the heritage city of Bagan and a Hindu temple. competencies.

 It will help them to get a gainful employment under Pradhan ‘Dairy Processing & Infrastructure Development Mantri Kaushal Vikas Yojna under the Ministry of Skill Development. Fund’  The Cabinet Committee on Economic Affairs has approved a 'Rajaswa Gyan Sangam' Dairy Processing & Infrastructure Development Fund” (DIDF) with an outlay of Rs 10,881 crore during the period  Rajaswa Gyan Sangam, 2017 was held in New Delhi. from 2017-18.  The objective of the Conference is to enable a two-way communication between the policy-makers and the senior officers in the field offices with a view to increase revenue

<< 37 >> | IBS QUEST | DECEMBER, 2017

IBS Quest AUGUST First biomethane bus  Tata Motors has developed country’s first Bio-CNG (bio- IRC meet methane) bus which was unveiled at a bio-energy program, ‘Urja Utsav’.  212th meeting of Indian Road Congress (IRC) was held in Udaipur.  This programme was organized by the Ministry of Petroleum & Natural Gas.  IRC is the apex body of highway engineers in the country.

 The origin of the IRC can be traced back to the Indian Road Development committee (the Jayakar Committee) appointed Pradhan Mantri Vaya Vandana Yojana by the Government of India in November, 1927.  The Union Minister for Finance, Defense and Corporate Affairs has National Green Tribunal launched the Pradhan Mantri Vaya Vandana Yojana (PMVVY).  The National Green Tribunal has  PMVVY is a Pension Scheme declared an area of 100 metres announced by the Government of India for the senior citizens from the edge of the Ganga aged 60 years and above which is available from 4th May, between Haridwar and Unnao as 2017 to 3rd May, 2018. a “No Development Zone”.  The Scheme can be purchased offline as well as online  An environment compen- sation of 50,000 will be imposed on through Life Insurance Corporation (LIC) of India. anyone dumping waste in the river  Scheme provides an assured return of 8% p.a. payable 'SAARTHI' App monthly (equivalent to 8.30% p.a. effective) for 10 years.

 A new integrated mobile app "SAARTHI - c" has been Global Conference on Cyber Space 2017 launched by Railway Minister Suresh Prabhu for passengers.  India will be hosting the 5th  It will allow passengers to book tickets, enquiry, on-board Global Conference on Cyber cleaning and ordering meal on a single platform and also Space (GCCS) in 2017 at New includes features such as safety for women, complaint facility Delhi. and suggestion for improvement.  Theme-‘Cyber 4 All: An Matunga railway station Inclusive, Sustainable, Developmental, Safe and Secure.

 Matunga station becomes country’s first women special Aajeevika Grameen Express Yojana station.  The Ministry of Rural Development will launch a new sub-  The station will be run by over 30 women, including 11 scheme under Deendayal Antyodaya Yojana – National booking clerks, 5 RPF personnel, 7 ticket checkers and a Rural Livelihoods Mission (DAY-NRLM) which will be manager. named as “Aajeevika Grameen Express Yojana (AGEY)”  Matunga is a railway station on the Central line of the  This will provide safe, affordable and community monitored Mumbai Suburban Railway network. It comes under Central rural transport services like e-rickshaws, 3 and 4 wheeler Railway Zone. motorized transport vehicles to connect remote villages with

key services and amenities including access to markets, Muskan education and health for the overall economic development of  Operation Muskan, a month-long drive to rescue Odisha’s the area. missing children, was launched by the State police.  This is the third edition launched by the Crime Branch in Literary festival association with the Women and Child Development  Kerala has hosted the fifth edition of South India Writers Department. Ensemble (SIWE) at Chengannur, Kerala.  Theme-‘tolerance’.

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IBS Quest First Metro to become 100% green RIWATCH Museum  Delhi Metro has become the only completely 'green' Metro  Research Institution of World Ancient, Traditional, Culture & system in the world for adhering to green building norms for Heritage (RIWATCH) Museum was opened at Roing, its residential colonies Arunachal Pradesh.  The Delhi Metro Rail Corporation (DMRC) had earlier received the green certificates for its Phase-3 stations, depots, 5th North East Connectivity Summit and sub-stations.  5th North East Connectivity Summit 2018 will be held in Arunachal Pradesh. Sanitation survey 2017  The summit organized by FICCI(Federation of Indian  1st rank : Kerala Chambers of Commerce and Industry) is one of the most  2nd rank: Haryana important forums for action oriented deliberations on sub  Last rank: Bihar regional economic integration and connectivity between North East India and South East Asia. ETF-Bharat-22  4th North East Connectivity Summit 2017 will be held in  Finance Minister has launched a new ETF under the name Nagaland. Bharat 22, which will comprise shares of 22 companies.  Bharat-22 ETF will comprise of the government's holding in International meet on social justice SUUTI, CPSE ETF and PSU banks.  Babasaheb B.R. Ambedkar international conference on social  ETFs combine the range of a diversified portfolio with the justice was held in Bengaluru. simplicity of trading a single stock. Investors can purchase  This was organized by the Karnataka government and ETF shares on margin, short sell shares, or hold for the long congress party. term.

Lucknow Metro India ratifies 2nd commitment period of Kyoto  The Lucknow Metro will become India's first to have its own Protocol FM radio station, which will provide entertainment and  India has ratified the second commitment period of the information on metro safety. Kyoto Protocol that commits countries to contain the

emission of greenhouse gases, reaffirming its stand on Kargil Vijay Diwas climate action.  18th Anniversary of ‘Kargil Vijay  India became the 80th country to accept the amendment Diwas’ is observed on 26th of July, relating to the second commitment period of the Kyoto 2017. Protocol, the international emissions reduction treaty.  On this day India has launched  The Kyoto Protocol is an international agreement linked to ‘Operation Vijay’ to clear the the United Nations Framework Convention on Climate Kargil sector of infiltration by the Pakistani soldiers and Change (UNFCCC), which commits its Parties by setting Kashmiri militants on the Indian side of the Line of Control. internationally binding emission reduction targets. ‘India Quake’  The Kyoto Protocol was adopted in Kyoto, Japan, in  Union Minister of Earth Sciences and Environment has December 1997 and entered into force in February 2005. launched an app “India Quake” on the occasion of Foundation Day of Ministry of Earth Sciences in New Delhi. New President of Kenya  Mobile App has been developed by the National Centre for  Uhuru Kenyatta has been re- Seismology (NCS) for automatic dissemination of earthquake elected as President of Kenya. parameter (location, time and magnitude) after the occurrence  He has defeated his rival Raila of earthquakes. Odinga.

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IBS Quest India’s First Tri Service Exercise INDRA  Djibouti's position on the northwestern edge of the Indian  INDRA will be the first of its kind exercise between India Ocean. and Russia involving their armies, navies and the air forces.  Djibouti is a tiny barren nation sandwiched between  This will primarily focus on achieving coordination between Ethiopia, Eritrea and Somalia. It is at the southern entrance to forces of the two countries in a tri- services integrated theatre the Red Sea on the route to the Suez Canal. command scenario.  Till now INDRA was a naval exercise between India and Hiroshima Day: August 6th Russia.  August 6th marks the 71st anniversary of the bombing of Hiroshima and Nagasaki—an event which is commemorated India-ASEAN Youth Summit in the U.S. as “Hiroshima Day.”  Indo – ASEAN youth summit will be held in Bhopal.  On August 6, 1945, during WWII, an American B-29  The exercise will mark the 25th anniversary of the ASEAN- bomber piloted by Colonel Paul Tibbets deployed the India dialogue partnership in the ongoing year and also the world’s first atomic bomb over the Japanese city of commemorative year’s theme of “Shared Values, Common Hiroshima. Destiny”.  Three days later, on August 9, 1945, a second atomic bomb was dropped over Nagasaki, killing some 40,000 more World Health Organization declares Somalia free civilians. of polio  The UN World Health Bolvia declared its independence from IMF and Organization (WHO) World Bank has declared Somalia as  Bolivia has declared total independence from World Bank & Polio free. IMF  The WHO said the country recorded the last case of polio in  Bolivia’s President Evo Morales has declared his 2014 in the central part of the country but has since then government’s independence from World Bank and IMF. remained free of the paralyzing disease. 2017 BRICS Youth Forum Typhoon Haitang  The 2017 BRICS Youth  Typhoon Haitang struck China's eastern Fujian Province with Forum opened in Bejing to incessant rain battering different parts of the region. discuss youth development in  Typhoon Haitang, the 10th typhoon this year, made landfall the BRICS member-nations. at 4.40 pm in Pingtung on the island of Taiwan  The theme of this forum is "Enhance BRICS Partnership, Promote Youth Development. World breastfeeding week  World breastfeeding week 2017 is being celebrated from 1st BRICS Labour & Employment Ministers Meet to 7th August 2017 with the theme “Sustaining Breastfeeding  BRICS Labour & Employment Ministers’ meet was held in Together”. Chonqging, China.  It was first celebrated in 1992 by World Alliance for  Indian delegation led by Shri Bandaru Dattatreya, the Breastfeeding World Breastfeeding Week Action (WABA) Minister of State (Independent Charge) for Labour & and is now observed in over 120 countries by United Nations Employment. Children’s Fund (UNICEF), World Health Organization (WHO) and their partners including individuals, BRICS National Security Advisors meeting 2017 organizations, and governments.  2017 BRICS National Security Advisors (NSAs) meeting was held in Beijing, China. China’s first overseas Military base  National Security Advisor (NSA) Ajit Doval represented  China has opened its first overseas military base in Djibouti India at this meeting.

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IBS Quest Countries facing terror attacks in 2016 E-Shakti initiative  India has displaced Pakistan on a list of countries facing  E - Shakti is a pilot project of National terror attacks in 2016, with higher fatalities and injuries than Bank for Agriculture and Rural its restive neighbour, according to data compiled by the US Development (NABARD). state department.  The objective of this project is  Out of 11,072 terror attacks in 2016 worldwide, India bore digitization of Self Help Groups (SHGs). the brunt of 927, 16% more than 2015 (798).  More than half of the terror attacks in India in 2016 took Rs.3 cr penalty on Union Bank place in four states – J&K, Chhattisgarh, Manipur and  The Reserve Bank of India has imposed a monetary penalty Jharkhand. aggregating Rs. 3 crore on Union Bank of India for non-  Iraq is on the top of the list. compliance with the regulatory direction on ‘know-your- customer’ (KYC) norms. IDFC Bank partners with Zeta for e-payments  KYC is a process by which banks obtain information about solution the identity and address of customers.  For promoting an e – payments solution, private lender IDFC Third Bi-Monthly Monetary Policy Bank has partnered with digital  Reserve Bank of India (RBI) payments brand Zeta. announced Third Bi-Monthly  The digital solution comprises an IDFC Bank Benefits Card Monetary Policy Statement for and Zeta app which puts together allowances and current fiscal 2017-18. Monetary reimbursements ensured by an employer into one preloaded policy rates: card. 1. Repo Rate - 6.00% (Earlier it was 6.25%) 2. Reverse Repo Rate - 5.75% (Earlier it was 6.00%) SBI merger bill 3. Marginal Standing Facility Rate- 6.25% (Earlier it was  The Lok Sabha passed the bill to repeal the SBI (Subsidiary 6.50%) Banks) Act 1959, State Bank of Hyderabad Act 1956 and to 4. Bank Rate - 6.25% (Earlier it was 6.50%) further amend the State Bank of India Act, 1955, following 5. Cash Reserve Ratio (CRR) - 4.00% (Unchanged) the merger of five associates with the parent SBI. 6. Statutory Liquidity Ratio (SLR) - 20.00% (Unchanged)  Five associates and the Bharatiya Mahila Bank became part of State Bank of India (SBI) beginning April 1, catapulting L&T bags Rs. 3,375-crore Mauritius metro project the countrys largest lender to among the top 50 banks in the  Engineering conglomerate Larsen & Toubro announced a Rs world. 3,375 crore-worth metro order from the Mauritius  The five associates that were merged are State Bank of government. Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH),  L&T has won the order from Metro Express Limited which State Bank of Mysore (SBM), State Bank of Patiala (SBP) is owned by the Government of Mauritius to design and and State Bank of Travancore (SBT). build an Integrated Rail-based Urban Transit System in the African island nation. Banking Amendment Bill  The projects will be fully funded through a grant by  Parliament has passed the Banking Regulation (Amendment) Government of India and line of credit. 45. Bill, 2017.  This bill will enable the Central government to authorize the MS paint is no longer available Reserve Bank of India (RBI) to direct banking companies to  Microsoft has announced that 'MS Paint' will no longer be resolve specific stressed assets by initiating insolvency available with the next Windows 10 update. resolution process.  The program was first released with the very first version of Windows 1.0 in 1985.

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IBS Quest Growth forecast by IMF  The objectives of the colleges are to enhance information  The Indian economy is forecast to grow at 7.2% in 2017-18 exchange and cooperation among supervisors, to improve and 7.7% in 2018-19, the International Monetary Fund (IMF) understanding of the risk profile of the banking group and said in its latest forecast. thereby facilitate more effective supervision of  This would keep India as the fastest growing major economy internationally active banks. in the world and in Asia.  Growth for China was revised to 6.7% in 2017 and 6.4% in 'Met Loan & Life Suraksha' 2018.  Karnataka Bank, one of the leading private sector lender, has announced the launch of Met Loan & Life Suraksha” Kaizala app (MLLS) for its customers.  Microsoft launched its first "Made  It is a single premium plan covering the loan liability of a for India" chat messaging customer. application called Kaizala.  The bank also introduced ‘KBL MLLS’ app, which marks  Kaizala is a made for India product for the mobile first world the celebration of 15 years of partnership with M/s PNB . The application is designed for large group communication MetLife. and can enable messages to be sent to millions of people on a group simultaneously. Fortune Global 500 list  1st rank: Walmart (United States) NPCI gets final nod from RBI to function as BBPC  2nd rank : State Grid(China) Unit  3rd rank: Sinopec Group(China)  National Payments Corporation of India (NPCI), the  168th rank: Indian Oil umbrella organisation for all retail payment systems, has  203rd rank: Reliance Industries received a final nod from the Reserve Bank of India to function as the Bharat Bill Payment Central Unit (BBPCU) ISRO to develop full-fledged Earth observation and operate the Bharat Bill Payment System (BBPS). satellite  There is a specific direction from RBI to operate the Central  Hyperspectral Imaging Satellite (HySIS) is a full-fledged Unit as a Strategic Business Unit of NPCI. Nearly 45 crore earth observation satellite, to be developed by ISRO. bills comprising electricity, telecom, DTH, water and gas are  It will enable distinct identification of objects on earth by permitted under BBPS. reading the spectrum for each pixel of a scene from a space.  The total number of Bharat Bill Payment Operating Units  It can be used for a range of activities including monitoring (BBPOU) certified by NPCI now stands at 24. The certified of environment finding oil and minerals apart from military units include three public sector banks (Bank of Baroda, surveillance. Union Bank of India and Indian Overseas Bank), 10 private  The satellite has the Hyperspectral imager which can identify banks, five cooperative banks and six non-bank biller 55 spectral or colour bands from 630 km above ground. aggregators.

Space Station to get 1st supercomputer Supervisory Colleges for six Scheduled  The International Space Station is expected to get its first Commercial Banks supercomputer next week. Hewlett Packard Enterprise (HPE)  Reserve Bank of India (RBI) has informed that Supervisory will launch a supercomputer into space on the SpaceX Colleges have been setup for the following six Scheduled Dragon spacecraft, as part of a joint experiment with the US Commercial Banks which have sizeable international space agency NASA, presence:-  The system, called the Space borne Computer, is designed to  State Bank of India, ICICI Bank Ltd., Bank of India, Bank of last for a year, which the company said is roughly the Baroda, Axis Bank Ltd. and Punjab National Bank. amount of time it will take to travel to Mars.

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IBS Quest First plant-based vaccine against Zika virus mine detection and reconnaissance in areas with nuclear  Scientists have developed the world’s first plant-based Zika and bio threats. vaccine that may be more effective, safer and cheaper than  Muntra-S is the country's first tracked unmanned ground other vaccines against the mosquito-borne virus. vehicle developed for unmanned surveillance missions while  The vaccine developed by researchers from Arizona State Muntra-M is for detecting mines and Muntra-N is for University (ASU) in the U.S. works against a part of a Zika operation in areas where there is a nuclear radiation or bio viral protein, called DIII, that plays a key role for the virus to weapon risk. infect people.  The worldwide Zika threat first emerged in 2015, infecting 7th Asian Shotgun Championship millions as it swept across the Americas. It struck great fear  Indian shooter Kynan Chenai in pregnant women, as babies born with severe brain birth has won a bronze in men's trap defects. event.  Kynan Chenai and Shreyasi Indian Coast Guard ship ‘Shaurya’ Singh of India have won bronze  Indian Coast Guard ship “Shaurya”, the fifth in the series of in mixed team trap event. six 105-metre offshore patrol vessels (OPVs) commissioned  Shooter Maheshwari Chauhan bagged a bronze medal in this in Goa by Union Minister for Petroleum and Natural Gas championship. Dharmendra Pradhan.  Mairaj Ahmad Khan and Rashmmi Rathore has won gold  This has been designed and built indigenously by Goa medal in mixed team event. Shipyard Ltd.  Indian shooter Ankur Mittal clinched the individual as well as the team gold medal in men's double trap. e-RaKAM portal  Venue: Astana, Kazakhstan.  The government launched a portal, e-Rashtriya Kisan Agri 2017 World Championships in Athletics Mandi(e-RaKAM), to provide a  Venue: London. platform to sell agricultural  100m Men Gold medal: Justin Gatlin produce.  100m Men Silver Medal: Christian Coleman  The portal is a joint initiative by state-run-auctioneer MSTC  100m Men Bronze medal: Usain Bolt and Central Warehousing Corporation arm CRWC.  100 meter Men women gold: Tori Bowie.  Highest medal: United States(30 medals) 'Humraaz' app  The Indian Army has developed a mobile application 'Humraaz' through which serving soldiers can track details FIFA rankings like postings and promotions.  1st rank: Brazil  Through the 'Humraaz' app, soldiers can also view their  2nd rank: Germany monthly salary slips and the Form 16 and also download  97th rank: India them.  India dropped a place in the latest FIFA rankings released to stand at number 97. Country's first unmanned tank  Defence Research and Development Under-19 cricket Asia Cup Organisation (DRDO) has developed  The Under-19 cricket Asia Cup, scheduled to be held in an unmanned, remotely operated tank Bengaluru, has been moved to Malaysia following the named as Muntra. Pakistan Cricket Board (PCB)’s objection to the tournament  This has three variants - surveillance, being held in India.  The tournament will now be held in November in Malaysia.

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IBS Quest Hungarian Grand Prix (ONGC)  Sebastian Vettel won Hungarian Grand Prix and his team  Runner up: Bengaluru Hockey Association (BHA) mate Kimi Raikkonen came second while Mercedes' Lewis  Venue: Mayor Radhakrishnan stadium, Egmore Chennai. Hamilton came third.  The ONGC team received Rs 5, 00,000 prize money while  This is his fourth win of the season and 46th of his Formula BHA got Rs 2.5 lakh. One career. Women World Cup 2017 ICC Test Rankings  Winner: England  According to the latest ICC Test Rankings Ravindra Jadeja  Runner up: India maintained his top position in the bowlers’ list while Indian  This is the fourth World Cup title for England Women. skipper Virat Kohli remained stayed at fifth place in the  Player of the Tournament: Tammy Beaumont. batting charts.  Player of the Match: Anya Shrubsole.  The batting list is being topped by Australia captain Steve Smith followed by England’s Joe Root and New Zealand’s World Para Athletics Championship Kane Williamson.  Venue: London  In the bowlers’ chart, Ravichandran Ashwin replaced Sri  India has won five medal in this championship Lanka captain Rangana Herath to claim the second spot back.  Sundar Singh Gurjar won the gold medal in the men's javelin Herath is third in the rankings. throw  In the all-rounders’ list Bangladesh’s Shakib Al Hasan is still  Amit Kumar Saroha has won silver medal in the men's club maintained at the top, Jadeja and Ashwin also maintained throw second and third ranks respectively.  Karamjyoti Dalal has won bronze medal in the women's discus throw 2024 Summer Olympic Games  Sharad Kumar and Varun Singh Bhati has won silver and  Paris will host the 2024 Summer bronze medal respectively in high jump Olympic Games.  Los Angeles will host the 2028 US Open Grand Prix badminton title Summer Olympics after reaching a  Winner: HS Prannoy deal with Olympic organisers.  Runner up: Parupalli Kashyap.

Men's World Boxing Championship 2021

World Doubles Squash Championship  The International Boxing Association (AIBA) has announced that India will host their first Men’s World Championship in  Indian doubles pair of Joshna Chinappa and Dipika Pallikal 2021. Karthik has won Bronze medal in world doubles squash  The announcement was made after a two-day executive championship. committee meeting that was held in Moscow.  Venue: England  The AIBA Men’s World Championships 2019 will be held in

Russia city of Sochi. The 2018 Women’s World WBO Asia Pacific Super Middleweight title Championships will also be held in New Delhi. The 2019  Vijender Singh has defeated his Chinese opponent Zulpikar Women’s World Championships will be held in Trabzon, Maimaitiali in a close bout to retain the WBO Asia Pacific Turkey. Super Middleweight title in Mumbai.  It was the ninth successive win in his Victorian Open squash title professional career.  India's Harinder Pal Sandhu has . defeated Rex Hedrick of Murugappa Gold Cup Australia to win Victorian Open  Winner: Oil and Natural Gas Corporation squash, a PSA Tour event, in Melbourne.

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IBS Quest  The 28-year-old Indian carried the momentum into the fourth Rifles; Major David Manlun (Posthumous), of the Naga game and stayed ahead to win it 11-7. It was his fourth title of Regiment; Pramod Kumar (Posthumous), Commandant, 49 the year. Batallion, Central Reserve Police Force and Chetan Kumar Cheeta, Commandant, CRPF. Ramon Magsaysay award  Kirti Chakra is the second highest gallantry award given to  The six winners of this year’s Ramon armed forces officials in peace time. Magsaysay Awards, regarded as Asia’s version of the Nobel Prize ‘Mahanayak Samman 2017’  Yoshiaki Ishizawa (Japan):- Efforts to  Winner: Veteran actress Shakuntala Barua for her restore Cambodia’s cultural monuments contribution to the world of cinema. such as Angkor Wat  Prosenjit Chatterjee and Nusrat Jahan took home the Best  Gethsie Shanmugam (Sri Lanka):- worked on rebuilding Actor and Best Actress awards war-scarred lives, especially women and children  Mahanayak Samman is bestowed upon the best talents of the  Abdon Nababan (Indonesia):- Advocacy on behalf of the Bengal’s film industry by the West Bengal State Adapt or indigenous communities of his country; Government.  Tony Tay (Singapore):- A volunteer movement he founded  The awards were instituted in memory of Uttam Kumar, who to address hidden hunger. is widely regarded as the greatest actor of Bengali cinema,  Ms. Lilia de Lima (Philippines):- Decades-long work with and also among the greatest actor sever in India. the Philippine Economic Zone Authority.  Philippine Educational Theatre Association New chairman of BSE (Philippines):- “Its bold, collective contributions in shaping  BSE Ltd announced that market the theater arts as a force for social change, its impassioned, regulator Securities and Exchange unwavering work in empowering communities in the Board of India (SEBI) has approved the Philippines,18th IIFFA Awards 2017 appointment of Dhirendra Swarup as the chairman of the board of directors Asia Society Game Changers Award of the company.  Dev Patel will be felicitated with the Asia Society 2017 Asia  Swarup was public interest director of Game Changers Award at a ceremony to be held at the BSE, was also chairman of the Cash United Nations, New York. and Debt Management Committee of the Reserve Bank of  The Asia Game Changer lifetime achievement award will be India (RBI) from 2000 to 2003. given to Aga Khan, Founder of the Aga Khan Development Network for using philanthropy to lift millions of Asia’s New secretary general of FICCI most vulnerable.  Sanjaya Baru has been named new secretary general of the Federation of Indian Chambers of Commerce and Industry Awards on 71st Independence Day (FICCI).  On the eve of 71st Independence Day, President Ram Nath  He will replace A. Didar Singh. Kovind honoured the bravehearts of India.  Kovind, who is also a Supreme Commander of the Armed New President of Iran Forces, had approved 112 gallantry awards to Armed Forces  Iran's President Hassan Rouhani was Personnel and members of Paramilitary Forces which officially sworn in for a second term. includes five Kirti Chakras, 17 Shaurya Chakras, 85 Sena  Rouhani won the re-election in May Medals, three Nao Sena Medals (Gallantry) and two Vayu 2017, after securing 57% of the votes. Sena Medals (Gallantry). He defeated his main contender  Five bravehearts who have awarded Kirti Chakra include Ebrahim Raeisi. Major Preetam Singh Kunwar of the Garhwal Rifles; Havildar Giris Gurung (Posthumous) from the First Gorkha

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IBS Quest New CMD of SIDBI New UNICEF’s Global Goodwill Ambassador  Mohammad Mustafa appointed as Chairman and Managing  UNICEF has appointed Indian-origin Canadian YouTube star Director in Small Industries Development Bank of India Lilly Singh as its newest Global Goodwill Ambassador at a (SIDBI). special event.  Mustafa, a 1995 batch IAS officer of Uttar Pradesh cadre, is at present Joint Secretary in Department of Financial Services. New Chief Justice of Nepal Supreme Court  The name of acting Chief Justice New CEO of Payback Gopal Prasad Parajuli was  Payback India has appointed Gautam Kaushik as the new unanimously endorsed by the Chief Executive Officer. Parliamentary Hearing Special  Gautam Kaushik will spearhead the India operations and lead Committee (PHSC) for the post all the critical business areas including Strategic Business of Nepal's Supreme Court Chief Justice. Planning and Development, Partner Management & Acquisitions and Customer Engagement. New CM of Nagaland by Governor  TR Zeliang has been appointed new Chief Minister of New brand ambassador for Swachh Bharat Nagaland by Governor PB Acharya. Mission in UP  Uttar Pradesh Chief Minister Yogi Adityanath has announced New Joint Secretary in PMO the appointment of Bollywood actor Akshay Kumar as the  Senior diplomat Gopal Baglay was appointed as joint brand ambassador of the Swachh Bharat Mission in the state. secretary in the Prime Minister's Office.  He was appointed in place of Vinay Mohan Kwatra. New Vice Chairman of NITI Aayog  Economist Dr. Rajiv Kumar has been New secretary to President appointed as the new vice-chairman of  The Appointments Committee of the Cabinet has appointed the government think tank NITI Aayog. 1978-batch IAS officer of Haryana cadre, Sanjay Kothari, as  He has replaced Arvind Panagariya the secretary to President-elect Ram Nath Kovind.  Senior journalist Ashok Malik has been named as press New Executive Director of World Bank secretary to President.  S. Aparna, an IAS officer from Gujarat cadre has been New Chief Operating Officer appointed as Executive Director, World Bank to represent the  The Board of Control for Cricket in India (BCCI) has constituency of India, Bangladesh, Bhutan and Sri Lanka for appointed Hemang Amin as the Chief Operating Officer three years. (COO) of the Indian Premier League (IPL).  Earlier Amin was the general manager -- finance, commercial New MD and CEO of Axis Bank and events at BCCI.  The board of directors of Axis Bank approved the re-  He has worked at BCCI for the last seven years, according to appointment of Shikha Sharma as Managing Director and a BCCI release. CEO of the bank, for a period of three years with effect from June 1, 2018 to June 2021. JULY

New President of India New MD & CEO of Oriental Bank of commerce  National Democratic  Mukesh Kumar Jain was appointed as the managing director Allaince's (NDA) presidential and chief executive officer of Oriental Bank of Commerce. candidate Ram Nath Kovind,  He is at present the executive director in Punjab and Sind after defeating Opposition Bank. candidate Meira Kumar with an overwhelming majority,

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IBS Quest was elected to be the 14th President of India.  The United Nations has declared 27th June as the UN Day  Kovind is the only second Dalit to hold the top constitutional for MSMEs. position. Blood bank for cattle ‘Madadgaar’  Odisha is all set to become the first state in the country to  The Central Reserve Police Force (CRPF) launched a toll- have a blood bank for the cattle. free helpline called 'Madadgaar' to help Kashmiri people in distress in a bid to regain the lost trust of people in the National Statistics Day security forces.  In recognition of the notable contributions made by Late  Besides providing assistance in distress, the helpline would Professor Prasanta Chandra Mahalanobis in the fields of also aid career counselling for those interested in joining the statistics, statistical system and economic planning, paramilitary forces and sports activities of the CRPF. Government of India in 2007, designated 29th June the birth anniversary of Prof. Mahalanobis as the “Statistics Day”. 'Operation Swarn’  Theme -‘Administrative Statistics’.  The Railway Ministry is set to launch "Operation Swarn" to UN Tax Fund improve services in Rajdhani  India has contributed $100,000 to a UN fund to help and Shatabdi Express trains. developing countries actively participate in the discussion of  In the first phase, the tax issues, becoming the first country to make the Mumbai-Delhi Rajdhani Express and Mumbai-Ahmedabad contribution. Shatabdi Express have been selected for upgradation.  The UN Tax Trust Fund aims to support the work of the Committee of Experts on International Cooperation in Tax VAJRA Matters (the UN Tax Committee).  In a bid to bring together the Indian scientists abroad and India-based researchers for conducting joint researches in Petya ransomware India, the Department of Science and Technology (DST)  Jawahar Lal Nehru Port has been launched a scheme named 'Visiting Advanced Joint Research impacted by the latest malware Faculty' (VAJRA). attack.  Under this scheme, scientists or senior researchers abroad -  Name of this new ransomware of Indian origin or otherwise - can collaborate with faculties virus is Petya. here.

Textiles India 2017 IPISH  The Prime Minister, Shri Narendra Modi inaugurated  Prime Minister Modi and Portuguese Prime Minister Costa Textiles India 2017, India’s first ever mega textiles trade fair, launched a unique startup Portal - the India-Portugal being held at Gandhinagar, Gujarat. International StartUp Hub (IPISH) - in Lisbon.

 This is a platform initiated by Startup India and supported by Commerce & Industry Ministry and Startup Portugal to India’s largest fresh water aquarium create a mutually supportive entrepreneurial partnership.  India’s largest fresh water aquarium Ranchi aquarium was unveiled at the Birsa Munda Zoological Park. Digital MSME Scheme  As many as 58 technically planned tanks have been installed at the aquarium so as to provide an ambient environment to  Union Minister for MSME (Ministry of Micro, Small and 120 species of fishes. Medium Enterprises) has launched ‘Digital MSME Scheme’

and handed over three Memorandums of Understandings to SAP India, Intel and HMT respectively. State to have Separate Agriculture Budget from  The Digital MSME Scheme is revolving around Cloud Next Year Computing which is emerging as a cost effective and viable  Chief Minister K Chandrasekhar Rao decided to substantially alternative in comparison to in-house IT infrastructure enhance funds for the agriculture sector and present a installed by MSMEs. separate agriculture budget.

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IBS Quest PM adopts wrestlers’ Village Kakrahia  This university will be a part of government’s policy of  Prime Minister Narendra Modi will providing education free of cost to students from weaker adopt Kakrahia, a village known sections from kindergarten to post-graduation (KG to PG) for its wrestlers and wrestling level. arenas, under the Sansad Adarsh Gram Yojana. India’s first World Heritage City  This will be the third village to be  The Walled City of Ahmedabad has been declared India’s adopted by the Prime Minister in his Lok Sabha constituency first World Heritage City. of Varanasi.  It has now joined the privileged club of heritage cities like  In the previous two years, Modi adopted Jayapur and Paris, Cairo, Edinburg and two cities in the subcontinent, Nagepur, as his first and second villages. Bhaktpur in Nepal and Galle in Sri Lanka.

Maitree 2017 Republic Day celebrations  It is a 14-day joint military training exercise between India  India will invite the heads of state or government of all 10 and Thailand held in Chamba district of Himachal Pradesh. ASEAN nations for the Republic Day parade and celebrations next year. AIIB approves loan to build roads in Gujarat  ASEAN is the Association of Southeast Asian Nations, and  China-led Asian Infrastructure Investment Bank (AIIB) has has as members Brunei, Cambodia, Indonesia, Laos, approved USD 329 million loans to build access roads to Malaysia, Myanmar, Philippines, Singapore, Thailand and 4,000 villages in Gujarat. Vietnam.

‘Elevate 100’ scheme Swayam, Swayam Prabha and National Academic  The Karnataka government has launched the ‘Elevate 100’ Depository scheme to identify and nurture innovative start-ups.  Under Swayam, courses would be offered through digital  The Elevate scheme is the brainchild of the start-up cell, classrooms with online study material available free of cost Karnataka Biotechnology and Information Technology in videos. Services (KBITS).  Swayam Prabha would tap into the potential of Direct to Home Service wherein a person can install a dish antenna for about Rs 1,500 and have access to 32 digital educational “JIGYASA” channels run by the HRD Ministry.  Jigyasa, a student- scientist connect program launched in the  'National Academic Depository' verified educational records national capital. would be digitally stored by universities or a board to  Council of Scientific and Industrial Research (CSIR), has counter forgery. joined hands with Kendriya Vidyalaya Sangathan (KVS) to implement this program. RailCloud  The focus is on connecting school students and scientists so  The Indian Railways has launched as to extend student’s classroom learning with that of a very RailCloud, a virtual server with an well planned research laboratory based learning. inbuilt security system that will enable faster connectivity at a India, Bangladesh to construct bridge along reduced cost. Mizoram border  Developed by rail PSU RailTel at an estimated cost of about Rs 53 crore, RailCloud is aimed at  India and Bangladesh have decided to construct a bridge over optimizing server resources and its management. Mizoram’s Khawthlangtuipui river (also known as

Karnaphuli river) to facilitate trade and improve communication between the two neighbors. SASEC Road Connectivity Investment Program  The Cabinet Committee on Economic Affairs chaired by the India’s first university for Dalit students Prime Minister has given its approval for upgradation and widening of 65 kms of Imphal-Moreh Section of NH-39 in  First university for Dalits in India will be opened in Manipur. Hyderabad.

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IBS Quest  The project is being developed with ADB's loan assistance under the South Asian Sub-Regional Economic Cooperation Top Remittance-Receiving Country in 2016 (SASEC) Road Connectivity Investment Program which  1st rank: India aims at upgradation of road infrastructure in Bangladesh,  2nd rank: China Bhutan, Nepal and India (BBIN) in order to improve the  3rd rank: Philippines regional connectivity among BBIN nations.  4th rank: Pakistan

 This study is released by UN International Fund for 8th international Theatre Olympics Agricultural Development (IFAD).  8th edition of the greatest carnival of Theatre in the World will take place in India for the first time ever from February First Person to Reach 100 Million Twitter 17 – April 08, 2018 simultaneously in various cities across Followers the country.  Katy Perry has become the first person to reach 100 million  The Theatre Olympics, being held in India for the first time, followers on Twitter, making her the most-followed person is being organized by National School of Drama, under the on the platform. aegis of Ministry of Culture.  Perry joined Twitter back in 2009, making her something of Malaria Elimination in India (2017-22) an early adopter as a celebrity.

 Shri J P Nadda, Union Minister of Health and Family World Summit on the Information Society Forum Welfare launched the National Strategic Plan for Malaria Elimination (2017-22). 2017  The Strategic Plan gives year wise elimination targets in  WSIS Forum 2017 was held in Geneva, 12-16 June, and was various parts of the country depending upon the endemicity co-organized by ITU, UNESCO, UNCTAD and UNDP, in of malaria in the next 5 years. close collaboration with all UN agencies.  The target set by this plan to completely eliminate Malaria by  The Chair-elect of this year's forum is Mr. Jean Philbert 2027. Nsengimana, Minister of Youth and ICT, Government of Rwanda. India’s first TISC  The Department of Industrial Policy and Promotion (DIPP) ASEAN Dengue Day signed an Institutional agreement with the Punjab State  ASEAN Dengue day was observed on 15 Council of Science and Technology in New Delhi to June. establish India’s first Technology and Innovation Support  2017 ASEAN Dengue Day Theme is Center (TISC) at Patent Information Centre, Punjab, under “United Fight against Dengue”. the World Intellectual Property Organization’s (WIPO) TISC program. India Wins Re-Election to United Nation’s Eco and  The Cell for IPR Promotion and Management (CIPAM) is Social Council designated as the National Focal Point for the TISC national  India has won its re-election to the United network. Nation’s principal body on economic, social and environmental issues, continuing AUSINDEX 17’ its streak of being elected for a third  It is a joint naval exercise between navies of India and consecutive term. Australia with an aim to enhancing interoperability and  India was among 18 nations to be elected to the Economic cooperation between the two forces. and Social Council (ECOSOC) of the UN with 183 votes.  Indian naval ships Jyoti, Shivalik and Kamorta participated  Japan followed India with the second highest votes in the in this exercise. Asia Pacific category.

Global Innovation Index 2017 106th International Labour Conference st  The 106th Session of International Labour Conference (ILC)  1 rank: Switzerland was held in Geneva, Switzerland.  2nd rank: Sweden  60th rank : India

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IBS Quest  An Indian Tripartite Delegation led by the Minister of State  Finland-2nd for Labour and Employment (Independent Charge), Shri  India-93rd Bandaru Dattatreya participated in the ILC.  It is observed that the world incorporating 128 countries scores 64.85 on social progress. It registers a 2.6 percent International Day for the Elimination of Sexual increase from 2014. Violence in Conflict  The United Nations General Assembly proclaimed 19 June World Book Capital of each year the International Day for the Elimination of  Sharjah has been named the ‘World Book Capital’ title for Sexual Violence in Conflict. 2019 by United Nations Educational, Scientific and Cultural  2017 Theme: “Preventing Sexual Violence Crimes through Organisation (UNESCO). Justice and Deterrence”  The honour is recognition of the emirate’s pioneering role in supporting and expanding the local and regional publishing International Day of Yoga industries.

 International Day of Yoga or commonly and unofficially referred to as Yoga Day, is celebrated annually on 21 June India contributes to UN Peacebuilding Fund since its inception in 2015.  India has contributed $500,000 to the UN Peacebuilding  An international day for yoga was declared unanimously by Fund. the United Nations General Assembly (UNGA) on 11  India has been a member of the Peacebuilding Commission December 2014. since its inception in December 2005 and has so far  Theme- 'Yoga for Health.' contributed $5 million to the Peacebuilding Fund.

World’s first train that runs on virtual tracks Israeli flower named after PM Modi  China has unveiled the world's first 'railless' train - a train  A new fast-growing Israeli flower was named after Prime that runs on virtual tracks. Minister Narendra Modi, in a special gesture to mark the first  The train can move at a maximum speed of 70 km/hour. visit of an Indian premier to the Jewish nation.  Israeli Crysanthumun flower will now be called “MODI”, Most expensive city officials said.  Capital-Jerusalem and currency- Shekel.  1st rank: Luanda

 2nd rank: Hong Kong 5th Meeting of BRICS Education Ministers  3rd rank: Tokyo  Meeting of BRICS Ministers of Education was held on 5th  57th rank: Mumbai July, 2017 at Beijing, China.  99th rank: New Delhi  The Indian delegation was led by Shri Prakash Javadekar,

Minister of Human Resource Development, India. Estonia to open the world’s first data embassy in Luxembourg Malabar exercise  The world’s first ever data embassy is set for launch next  The Malabar naval exercise involving Indian, American and year after the Estonian government signed a deal with Japanese navies was held in the Bay of Bengal. Luxembourg.  India and the US have regularly conducted the annual  Estonia is planning to keep backup files of its vital exercise since 1992. information on servers in the duchy in order to guarantee country's digital continuity. GOODS AND SERVICES TAX UN Public Service Day What is GST?  The United Nations Public Service Day is celebrated on June  The GST is meant to be 23 of every year. a unified indirect tax  Theme-‘The Future is now’. across the country on products and services. Social Progress Index 2017 In the current system,  Denmark-1st

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IBS Quest tax is levied at each stage separately by the Union flavoured refined sugar, pasta, cornflakes, pastries and government and the States at varying rates, on the full cakes, preserved vegetables, jams, sauces, soups, ice value of the goods. But under the GST system, tax will be cream, instant food mixes, mineral water, tissues, levied only on the value added at each stage. It is a single envelopes, tampons, note books, steel products, printed tax (collected at multiple points) with a full set-off for circuits, camera, speakers and monitors. taxes paid earlier in the value chain.  Services : AC hotels that serve liquor, telecom services, What is State GST and Central GST? IT services, branded garments and financial services will  For transactions within a State, there will be two attract 18 per cent tax under GST. components of GST - Central GST (CGST) and State GST 28% tax slab (SGST) - levied on the value of goods and services. Both  Goods : Chewing gum, molasses, chocolate not the Centre and the States will simultaneously levy GST containing cocoa, waffles and wafers coated with choclate, across the value chain. pan masala, aerated water, paint, deodorants, shaving  In the case of inter-State transactions, the Centre would creams, after shave, hair shampoo, dye, sunscreen, levy and collect the Integrated Goods and Services Tax wallpaper, ceramic tiles, water heater, dishwasher, (IGST). The IGST would be roughly equal to CGST plus weighing machine, washing machine, ATM, vending SGST. machines, vacuum cleaner, shavers, hair clippers, GST Rates: automobiles, motorcycles, aircraft for personal use, will attract 28 % tax - the highest under GST system No tax Services: 5-star hotels, race club betting, cinema will attract  Goods: No tax will be imposed on items like fresh meat, tax 28 per cent tax slab. fish chicken, eggs, milk, butter milk, curd, natural honey,

fresh fruits and vegetables, flour, besan, bread, prasad,

salt, bindi. Sindoor, stamps, judicial papers, printed books, AIIB grants loan to India Infrastructure Fund newspapers, bangles, handloom, etc.  Asian Infrastructure Investment Bank has approved $150 million equity  Services: Hotels and lodges with tariff below Rs 1,000, investment loan to the India Grandfathering service has been exempted under GST. Infrastructure Fund.

5% tax slab PCA against Bank of Maharashtra  Goods : Items such as fish fillet, cream, skimmed milk  The Reserve Bank of India (RBI) has initiated "prompt powder, branded paneer, frozen vegetables, coffee, tea, corrective action" (PCA) on state-run lender Bank of spices, pizza bread, rusk, sabudana,Fertilizer, kerosene, Maharashtra in the view of its high non-performing assets coal, medicines, stent, lifeboats will attract tax of 5 %, (NPAs).  Services: Transport services (Railways, air transport),  Earlier, the RBI had initiated a PCA on Central Bank of India, small restraurants will be under the 5% category because IDBI Bank, Indian Overseas Bank, UCO Bank and Dena Bank. their main input is petroleum, which is outside GST ambit

India and ADB Sign Loan for Upgrading Urban 12% tax slab Services  Goods : Frozen meat products , butter, cheese, ghee, dry  The Asian Development Bank (ADB) and the Government of fruits in packaged form, animal fat, sausage, fruit juices, India signed a $275 million loan for improving urban services Bhutia, namkeen, Ayurvedic medicines, tooth powder, in 64 small towns in the State of Madhya Pradesh. agarbatti, colouring books, picture books, umbrella,  The project will develop sustainable, inclusive, and climate- sewing machine, cellphones will be under 12 % tax slab. resilient water supply in 64 small and medium-sized towns,  Services: Business class air ticket, fertilisers, Work and integrated storm water and sewerage infrastructure in two Contracts will fall under 12 per cent GST tax slab heritage towns of Khajuraho and Rajnagar. 18% tax slab  Goods: Most items are under this tax slab which include Open Loop Metro Card launched

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IBS Quest  Axis Bank, India's third largest Digital village private sector bank in association  The State Bank of India has launched a with Kochi Metro Rail Corporation digital village initiative in Nepal by (KMRL) has launched KMRL Axis installing a cash recycling centre. Bank 'Kochi1' Card.  The digital village initiative has been  This is India's first open loop EMV contactless metro card that launched in Jarisingpouwa in Shankarapur would make travel a convenient and hassle free experience for Rural Municipality, 25 km east from commuters in Kochi. Kathmandu.

Interest rates on small savings to be lowered SBI waives charge on IMPS fund transfer of up to  The government has announced to reduce the interest rate on Rs 1,000 small saving schemes like PPF, Kisan Vikas Patra and  State Bank of India had been charging Rs 5 along with the Sukanya Samriddhi by 0.1 per cent for the July-September applicable service tax for IMPS fund transfer of up to Rs quarter. 1,000.  Investments in the public provident fund (PPF) scheme will  For IMPS, charge will be Rs 5 along GST for fund transfer in fetch lower annual rate of 7.8 per cent. the range of Rs 1,000 to Rs 1 lakh. The charge will go up to  The Kisan Vikas Patra (KVP) investments will yield 7.5 per Rs 15 for transactions of Rs 1-2 lakh. cent and mature in 115 months.  GST at the rate of 18 per cent is applicable on all financial  The one for girl child savings, Sukanya Samriddhi Account transactions. Scheme, will offer 8.3 per cent annually.  The investment on 5-year Senior Citizens Savings Scheme Investment Facilitation Mechanism will yield 8.3 per cent. Interest rate on the senior citizens  European Union (EU) and India scheme is paid quarterly. announced the establishment of an Investment Facilitation PNB to block all Maestro debit cards from July 31 Mechanism (IFM) for EU  All Maestro cards issued by PNB will Investments in India. be blocked or hot listed on July 31,  This agreement builds on the Joint Statement of the 13th EU- 2017 for security-based reasons. India Summit held in Brussels in March 2016.  Punjab National Bank (PNB) Maestro debit cards holders will face a card PSLV-C38 blockage if they fail to replace it with a  ISRO’s Polar Satellite Launch more secure EMV chip based card by the end of this month. Vehicle PSLV-C38

NMCE, Indian Commodity Exchange to merge in successfully launched the 712 kg Cartosat-2 Series Satellite 1st commodity exchange merger along with 30 co-passenger  National Multi Commodity Exchange (NMCE) will merge satellites from Satish Dhawan with Indian Commodity Exchange (ICEX) in an all-stock deal Space Centre SHAR, Sriharikota. to create the country's third-largest commodities bourse.  Reliance Capital is the largest investor in ICEX and will  This is the thirty ninth consecutively successful mission of continue to be the largest shareholder post merger, along with PSLV. others.  One of the 30 co-passenger satellites carried by PSLV-C38  As per the agreed swap ratio, ICEX shareholders will hold was the 15 kg NIUSAT, a University/Academic Institute 62.8 per cent stake and NMCE's will hold 37.2 per cent in satellite from Nurul Islam University, Tamil Nadu, India. ICEX, post merger.  The remaining 29 co-passenger satellites carried were 14 international customer satellites from USA (10), United ADB grants loan for Rajasthan Kingdom (3), Belgium (3), Italy (3), Austria (1), Chile (1),  The Asian Development Bank (ADB) signed a $220 million (1), Finland (1), France (1), Germany (1), loan agreement with India for improving road connectivity, Japan (1), Latvia (1), Lithuania (1) and Slovakia (1). transport efficiency and safety on state highways of Rajasthan.

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IBS Quest GSAT-17 Williams (United States) by 7–5, 6–0 score to win her first  India's latest communication satellite GSAT-17 was Wimbledon title in the women’s single category. successfully launched by a heavy duty rocket of Arianespace Men’s Double: Łukasz Kubot (Poland) and from the spaceport of Kourou in French Guiana. (Brazil) pair defeated (Austria) and Mate Pavić () pair to win 2017 Wimbledon title in Men’s Doubles World's lightest satellite category. Women’s Doubles: Russian pair and  India once again broke a global space record by launching defeated Chan Hao-ching (Chinese Taipei) and the world's lightest satellite weighing a mere 64 grams, (Romania) to win 2017 Wimbledon title in called Kalamsat, designed and developed by 18-year-old Women’s Doubles category. Tamil Nadu student Rifath Sharook and his team. Mixed Doubles: Jamie Murray (United Kingdom) and Martina  The tiny satellite, named after Abdul Kalam, was flown by a Hingis (Switzerland) defeated (Finland) and Nasa sounding rocket. Heather Watson (United Kingdom) to win 2017 Wimbledon  Kalamsat was the only Indian payload in the Nasa mission. title in mixed Doubles category.

First X-ray space telescope Junior Asian Championships  China launched its first x-ray  Indian wrestlers bag five medals at telescope, a significant step in the the Junior Asian Championships. country’s race to develop a space  Among the women, Pooja Gehlot- program that can rival that of the US gold (51kg), Sonu-silver (44kg) and or Russia. Manju Kumari bronze (59kg).  The Hard X-ray Modulation Telescope (HXMT) took off  The boys bagged two medals in the Greco-Roman categories from China’s Jiuquan Satellite Launch Center, the country’s in the competition with S. Satish-silver(120kg) and Manish- first satellite launch site, located in Inner Mongolia via a bronze (50kg)

domestically-developed Long March-4B rocket.  Once in orbit, the telescope will be used to observe high- Champions Trophy energy entities like black holes, pulsars and gamma-ray  Winner: Pakistan bursts in order to understand more about their energy  Runner up: India sources.  Fakhar Zaman was declared Man of the Match.  Hassan Ali was declared Man of the Tournament.

BIO International Convention Indonesia Open Super Series Premier Title  The Biotechnology Innovation  Indian shuttler Kidambi Srikanth clinched his third Super Organization (BIO) BIO 2017 is Series title, lifting the Indonesia Open men's singles trophy being held in the San Diego with a straight-game victory over Japanese qualifier Convention Centre, San Diego. Kazumasa Sakai in the final.  World No.22 Srikanth outclassed Sakai, ranked 47th, 21-11 Wimbledon 2017 21-19 in just 37 minutes to take home a title. Men’s Single: Roger Federer defeated Marin Cilic of Croatia Ireland & Afghanistan awarded Test status by ICC by 6-3, 6-1, 6-4 score. It was  Ireland and Afghanistan have been granted Test status by the Federer’s record eighth International Cricket Council. Wimbledon title and overall  It increases the number of countries competing at the top 19th . He also became the first player since Bjorn level of international cricket to 12. Borg in 1976 to win Wimbledon without dropping a set in the  They are the first admissions since Bangladesh gained Test entire tournament. status in 2000.. Women’s single: Garbiñe Muguruza (Spain) defeated Venus

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IBS Quest Australian Open  It was Sandhu's eighth title at the PSA level and the third this  Indian shuttler Kidambi Srikanth beat Olympic champion season after winning two in Malaysia in the month of May. Chen Long 22-20, 21-16 in straight sets to win the Australian Open Superseries badminton tournament. Ravi Shastri named head coach  BCCI have decided to appoint Ravi Shastri as the chief coach 1st Indian to finish Race across America while Zaheer Khan will be appointed bowling coach for a  Srinivas Gokulnath created history by becoming the first period of two years. Indian to complete - the 4,900-km Race Across America (RAAM) in solo category. Women's ODIs  Another Maharashtrian, Dr Amit Samarth of Nagpur,  India captain Mithali Raj scripted history as she became the followed him at the finish line. all-time leading run-getter in women's one-day  Among the nine men who finished, Gokulnath stood 7th internationals. while Samarth was right on his heels at number 8. The race  Mithali, who is leading India at the ICC Women's World Cup was won by Christoph Strasser. in England, overtook Charlotte Edwards (5992) after scoring her 34th run against Australia in Bristol. BCCI Special Committee  Rajeev Shukla, a former vice- KKM Memorial Gold Cup president of the Board of  The President of India, Shri Pranab Mukherjee inaugurated Control for Cricket in India the 7th Edition of Kamada Kinkar Mukherjee Rural Football (BCCI), will head a newly- Tournament at Mackenzie Park Football Ground in formed seven-member Special Murshidabad district of West Bengal. Committee, to suggest a way forward for implementing the  The President witnessed an exhibition match between Mohun administrative overhaul prescribed in the Supreme Court Bagan U-19 and Kingfisher East Bengal U-19. Mohun Bagan order on July 18 last year. won the match by 1-0. The President greeted the players of  Besides Shukla and BCCI acting secretary Amitabh both the teams and presented awards. Choudhary, the committee will include former India captain Sourav Ganguly (Bengal), T.C. Mathew (Kerala), Naba First Indian woman to be judge at ITLOS Bhattacharjee (Meghalaya), Jay Shah (Gujarat) and BCCI  Indian lawyer Dr Neeru Chadha will be the treasurer Anirudh Chaudhry. first Indian woman to be a judge at the

International Tribunal Law of the Sea Junior Shooting World Championship (ITLOS).  The Indian shooting squad finished a second at the ISSF Amitabh Bachchan to promote GST Junior World Championship with three gold, two silver and  The government has roped in Bollywood megastar Amitabh three bronze medals in Suhl, Germany. Bachchan to promote Goods and Services Tax (GST).  China topped the tally in the rifle/pistol tournament with 19

medals, including 8 gold. Saudi Arabia's Mohammed bin Salman appointed Maiden Confederations Cup Crown Prince  Germany survived a whirlwind assault by Chile to claim a 1-  Saudi Crown Prince Mohammed 0 victory in Confederations Cup final. bin Nayef has been replaced by  Germany captain Julian Draxler was conferred with the Deputy Crown Prince Mohammed 'Golden Ball' - best player award. bin Salman.  Germany's Timo Werner holds the Golden Boot of the  Prince Mohammed bin Salman competition. becomes deputy prime minister and retains his defence and other portfolios. South Australian Open title  India's Harinder Pal Sandhu beat Rhys Dowling of Australia Union Home Secretary 11-8 12-10 11-4 in the final to lift South Australian Open  Rajiv Gauba is appointed as new Home Secretary of India. squash title.

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IBS Quest  He will succeed Rajiv Mehrishi, whose tenure ends on Indian envoy to Greece August 30.  Senior diplomat Shamma Jain was appointed as India's ambassador to Justice Dalveer Bhandari Greece.  Justice Dalveer Bhandari has been nominated by India as its  Jain succeeds M Manimekalai as Indian envoy in Greece. candidate for another nine year term as judge of the International Court of Justice (ICJ). Director General, ITBP  R K Pachnanda, IPS takes charge as First UN counter-terrorism chief the new Director General of Indo-  The United Nations has announced the appointment of its Tibetan Border Police (ITBP). first counter-terrorism chief, Russian diplomat Vladimir  Shri Krishna Chaudhary, DG who Voronkov. retired on superannuation, handed over the customary baton  Voronkov will hold the title of under-secretary-general. to Shri Pachnanda.

ICC deputy chairman Secretary I&B  The International Cricket Council (ICC) has appointed  Shri Narendra Kumar Sinha assumed charge as Secretary in Chairman of Associates Imran Khawaja as its deputy the Ministry of Information & Broadcasting on transfer of chairman. Shri Ajay Mittal, IAS.

President of IIC Attorney General for India  Jammu and Kashmir Governor N N  Senior Advocate and Constitution Law Expert KK Vohra has been appointed the president Venugopal has been appointed the 15th Attorney General for of the India International Centre (IIC) - India. one of the premier cultural institutions in the country.  Venugopal succeeds Mukul Rohatgi, who stepped down after  The appointment was made after eminent jurist Soli Sorabjee his first term ended on June 11. quit the presidential post. Economic relations secretary in MEA Romania's new prime minister  Senior diplomat Vijay Keshav  Mihai Tudose has been appointed as prime minister Gokhale was appointed as the  He will replace Sorin Grindeanu. economic relations secretary in the Ministry of External Affairs (MEA). IEA president  Former chief economic advisor Kaushik Basu has taken over India's new Chief Election Commissioner as president of the International Economic Association  Election Commissioner Achal Kumar Jyoti has been (IEA). appointed the Chief Election Commissioner (CEC) of India.  Basu's three-year term started from June 23.  He will take charge as the CEC on July 6 after Nasim Zaidi retires. Indian Film Festival of Melbourne  Vidya Balan will be the ambassador of Indian Film Festival MFIN president of Melbourne to be held from August 10 to 22.  Microfinance Institutions Network (MFIN) has re-elected  The Indian Film Festival of Melbourne (IFFM) is one of the Rakesh Dubey, chief of SV Creditline Private Ltd, as its largest Indian film festivals being hosted outside India. president for the second term.

NIFT Chairperson NDRF chief  The Union Government (M/o Textiles) has appointed Shri  Himachal Pradesh DGP Sanjay Kumar has been appointed as Rajesh V. Shah as Chairperson on the Board of Governors of the new chief of the National Disaster Response Force the National Institute of Fashion Technology. (NDRF).  He will replace Shri Chetan Chauhan.

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IBS Quest  The post of NDRF Director General (DG) fell vacant after BCCC chairperson incumbent RK Pachnanda was appointed as the chief of the  The Board of Directors of Indian Broadcasting Foundation Indo-Tibetan Border Police (ITBP). (IBF) appointed former Supreme Court judge, Justice Vikramajit Sen, as the new chairperson of Broadcasting Ambassador of India to Indonesia Content Complaints Council (BCCC).  Shri Pradeep Kumar Rawat has been appointed as the next  Justice Sen succeeds former Punjab and Haryana high court Ambassador of India to the Republic of Indonesia. Chief Justice, Justice Mukul Mudgal, whose three-year term  Currently he is Joint Secretary in the Ministry of External as BCCC Chairperson came to an end. Affairs.

Non-executive chairman of Union Bank Man Booker International prize  Winner: David Grossman  Kewal Handa has been appointed as non-executive chairman of Union Bank of India.  He split the £50,000 cash award for his winning book, ‘A  Handa will hold the post for a period of three years. Horse Walks into a Bar’, with translator Jessica Cohen.

New York Consul General Bhupen Hazarika Award  India’s Ambassador to Peru Sandeep Chakravorty has been  Winner: Yeshe Dorjee Thongshi. appointed as the head of the Indian consulate in New York.  This award is given by Sarhad, a Maharashtra-based  He will replace Riva Ganguly Das. organization.  His most important novel is Mauna Onth Mukhar Hriday Mongolia’s New President (Silent lips, murmuring hearts) which won the Sahitya  Khaltmaa Battulga of the opposition Democratic Party, a Akademi award in 2005. businessman and former judoka, has won the Mongolian presidential election with more than 50 percent votes. Orwell Prize  Winner: John Bew GST intelligence agency new chief  Prize money: £3,000  Senior bureaucrat John Joseph has been appointed Director  This award has given to him for biography of Clement Atleee General of Goods and Services Tax Intelligence (DG GSTI). “Citizen Clem”.

WHO goodwill ambassador Japan Award  Saima Wazed Hossain has been appointed as the WHO  Winner: Indian Agricultural Microbiologist Dr Shrihari goodwill ambassador for autism in South-East Asia. Chandraghatgi.  Dr Shrihari is the first foreigner to win this award in DEA Secretary environmental sector in Japan.  Subhash Chandra Garg has becomethe new Secretary in the Department of Economic United Nations Public Service Award Affairs (DEA) in the Ministry of Finance.  Kanyashree Prakalpa, the scheme launched by Mamata  He succeeds Shaktikanta Das, who retired after an extended tenure on May 31. Banerjee has won the United Nations Public Service Award at The Hague. Brand ambassador of indoor cricket team  Kanyashree aims to improve status of adolescent girls from disadvantaged families through small cash transfers.  Former Indian batsman Sandeep Patil was named as the

brand ambassador of the Indian Indoor Cricket Team. Social entrepreneur of year award  Winner: Nisha Dutt.

<< 56 >> | IBS QUEST | DECEMBER, 2017

IBS Quest  She is the first Indian woman leader to have been conferred  Mahesh Muralidhar Bhagwat has been recognised with the with this recognition. prestigious Trafficking in Persons (TIP) Hero award.

Skoch Awards Australia's highest civilian award  Winner: Vijaya Bank.  Winner: Guruswamy Jayraman  The bank received awards in the following categories -- Best  He works as a senior accountant with Woollahra Municipal Bank in Public Sector; Best Bank for NPA Management – Council for a living and has been devoting most of his spare Organization Category; Retail Lending; Inclusive Wallet – time in community work for the last 25 years. VPAYQWIK; Digital Inclusion; IT Security; e-Surveillance of ATMs and branches; and 100 Digital Villages – Financial Best integrated steel plant Inclusion.  Tata Steel has won the Prime Minister’s trophy for being the best performing integrated steel plant in the country during 54th Femina Miss India World 2017 2014-15 and 2015-16.  Winner : Manushi Chhillar from Haryana  First Runner up: Sana Dua from Jammu and Kashmir Maruti Suzuki Sports Awards  Second runner-up : Priyanka Kumari from Bihar.  Sportsperson of the Year : P.V Sindhu  The event was held at Yash Raj Studios in Mumbai.  Coach of the Year award: P. Gopichand  Flying Sikh Milkha Singh was given the Living Legend of the Miss World Bodybuilding Title Year award.  Dehradun girl Bhumika Sharma has won the World  Young India cricketer K L Rahul was awarded with Bodybuilding Championship in Venice. Gamechanger of the Year award.  She bagged the Miss World Bodybuilding title and the gold  Lifetime achievement award: Abhinav Bindra. medal at the world championship which was held in Venice last week. Golden Peacock Award 2017  Indian Railways Organization for Alternate Fuel (IROAF) has Bharat Gaurav been awarded the coveted National level “Golden Peacock  Former India hockey captain Dhanraj Pillay will be awarded Award for the Year 2017 for Eco-Innovation” for substitution with East Bengal football club’s highest honour – Bharat of fossil fuels (Diesel) by environment friendly CNG in Gaurav on their foundation day. DEMU passenger train services.  Pillay has played a huge role in reviving the Indian team and  Use of CNG in Train Sets for passenger transportation has performed brilliantly during his 15-year career, representing been done for the first time in the world. the country in four Olympics, World Cups, Champions  The CNG based dual fuel 1400 HP engine used in DEMU Trophy and Asian Games. trains developed by IROAF has successfully substituted diesel 'Mohun Bagan Ratna' fuel with CNG upto 20%.  Winner: Former India defender Subrata  Balwant Singh-Mohun Bagan Player of the Year. Asia Pacific App of the Year award  Debabrata- Best Cricketer, while they also chose Indian  Maya, a Bangalore-based mobile app won the Asia Pacific women's cricket team pacer Jhulan Goswami, middle-distance App of the Year at FbStart Apps of the Year awards runner Lili Das and Mount Everest conqueror Shaikh announced by Facebook. Sahabuddin as special awardees. Maya was founded in India in 2014. It's now available in 14 languages and has been downloaded across 190 countries. Indian police officer recognized by prestigious award in US

<< 57 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

MODEL TEST PAPER IBPS CLERK (PRELIM) TEST - I TEST OF REASONING Direction (1-5):- Study the following information carefully and answer the question given below: A man has six sons G, H, I, J, K and L. Each has different profession, viz Cricket, Driver, Pilot, Accountant, Salesman and Lawyer, but not necessarily in the same order. They live in four different cities. Three of them are married. J who lives in Mumbai, is a Lawyer. The one who is a Cricketer is a bachelor. Two of them live in Kolkata and are the Pilot and the Accountant. One of the two who live in Mumbai is married. Two of the bachelors live in Kolkata and Delhi. The Driver has only one son. The Salesman lives in Chennai. K the Accountant is married. L and G live in Mumbai and Delhi respectively. H is a pilot and bachelor. 1. Which of the following combination is/are true? (a) I – Chennai – Married – Salesman (b) G – Delhi – Married – Driver (c) H – Chennai – Bachelor – Pilot (d) L – Mumbai – Bachelor – Cricketer (e) None of these 2. I lives in which of the following cities? (a) Delhi (b) Chennai (c) Either (a) or (b) (d) Mumbai (e) Either (b) or (d) 3. Who among the following is definitely not married? (a) Driver (b) Pilot (c) Salesman (d) Accountant (e) None of these 4. Who among the following is a Cricketer? (a) I (b) H (c) G (d) K (e) None of these 5. The one who is a Driver lives in which of the following cities? (a) Kolkata (b) Delhi (c) Chennai (d) Can’t be determined (e) None of these Direction (6-10):- In these questions, a relationship between different elements is shown in the statements. The statements are followed by two conclusions. Given answer. (a) If only conclusion I is true (b) If only conclusion II is true (c) If either conclusion I or II is true (d) If neither conclusion I nor II is true (e) If both conclusion I and II are true 6. Statements: C = T ≥ N > P, D ≤ E < T Conclusions: I. C > E II. D ≥ P 7. Statements: B > N ≥ T = S, T < K = R ≥ W Conclusions: I. B > R II. W < N 8. Statements: W ≤ R ≤ L = K, Q ≥ U > X < W Conclusions: I. K > X II. Q ≥ R 9. Statements: P ≥ R = T < N ≤ Q < M ≥ V Conclusions: I. V ≤ T II. R < M 10. Statements: D < E < F. G > H > J, F = J Conclusions: I. G > F II. D < J Direction (11-15):- Study the following arrangement carefully and answer the question given below: 2 # 7 M G % H V T 8 3 * J A 1 F I 4 £ K E 5 @ 9 B L $ 6 U 11. How many such symbols are there in the above arrangement each of which is both immediately preceded and followed by a digit? (a) None (b) One (c) Two (d) Three (e) None of these 12. How many such vowels are there in the above arrangement each of which is immediately preceded by a letter and immediately followed by a number?

<< 58 >> | IBS QUEST | DECEMBER, 2017

IBS Quest (a) One (b) Two (c) Three (d) None (e) None of these 13. How many such numbers are there in the above arrangement each of which is immediately preceded by a symbol and immediately followed by a letter? (a) One (b) Two (c) Three (d) None (e) None of these 14. Which of the following is fifth to the right of seventeenth from the left end? (a) I (b) 4 (c) J (d) V (e) None of these 15. Four of the following five are like in a certain way based on the above arrangement and form a group. Which is the one that does not belong to that group? (a) 7HM (b) V*T (c) A8J (d) 5L@ (e) K9E Direction (16-20):- In the question are given below three statements followed by two conclusions numbered I and II. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. (a) If only conclusion I follows (b) If only conclusion II follows (c) If either conclusion I or II follows (d) If neither conclusion I nor II follows (e) If both conclusion I and II follow. 16. Statements: Some doctors are clerks No clerk is a teacher No teacher is a banker. Conclusions: I. Some teachers are not doctors II. No clerk is a banker. (17-18):- Statements: All mobiles are phones No tab is a phone. Some computers are tabs. 17. Conclusions: I. No mobile is a tab II. No phone is a tab. 18. Conclusions: I. At least some phones are not computers. II. Some mobiles are not computers. (19-20):- Statements: All tigers are lions. No lion is a panther. All jackals are tigers. 19. Conclusions: I. All jackals are lions II. No tiger is a panther. 20. Conclusions: I. At least some tiger are jackals II. No jackals is a panther. Direction (21-25):- Study the following information carefully and answer the question given below? S, T, U, V, W, X, Y and Z are sitting around a circular table, but not necessarily in the same order. Some of them are facing outward. Facing the same direction means that if one is facing the centre then the other person is also facing the centre and if one is facing outward then other person is also facing outward. W and Z face opposite directions. One of the immediate neighbors of W faces the centre. Z sits second to the right of T, who faces the centre. X sits second to the right of W, who sits third to the left of Z. U sits on the immediate left of X. V sits second to the left of Y, who faces the same direction as W. Y is not an immediate neighbor of T. The immediate neighbors of Z face opposite directions. S is not facing the centre. 21. How many persons in the given arrangement face outward? (a) Two (b) Three (c) Four (d) Five (e) None of these 22. Who among the following is second to the right of S? (a) U (b) V (c) Z (d) W (e) None of these 23. What is the position of Y with respect to U? (a) Second to the left (b) Third to the left (c) Immediate right (d) Third to the right (e) None of these 24. Who among the following is fifth to the right of V? (a) S (b) V (c) W (d) Can’t be determined (e) None of these 25. Which of the following statements is/are true? (a) V sits on the immediate left of T (b) Y sits third to the right of U (c) X sits opposite Y (d) All are true (e) None of these Direction (26-30):- These questions are based on the five words given below:

<< 59 >> | IBS QUEST | DECEMBER, 2017

IBS Quest BIN YEN MUG COR POT 26. If the first alphabet in each of the words in changed to the previous alphabet as per the English alphabetical order, then how many words having two or more vowels will be formed? (a) One (b) Two (c) Three (d) None (e) None of these 27. If each letter in each word is arranged in alphabetical order within the word, how many words will remain unchanged, when compared to the original set of words? (a) None (b) One (c) Two (d) Three (e) None of these 28. If the given words are arranged in the order as they would appear in a dictionary from left to right, the position of which of the following words will be second from the left? (a) POT (b) YEN (c) COR (d) BIN (e) MUG 29. How many letters are there in the English alphabetical order between the third letter of the word which is second form the left end and the second letter of the word which is second from the left right end among the given words? (a) One (b) Two (c) None (d) Three (e) None of these 30. If in each of the given words, each of the consonants is changed to the previous letter and each vowel is changed to the next letter as per the English alphabetical order, how many words thus formed will have no vowel? (a) One (b) Two (c) Three (d) Four (e) None of these Direction (31-35):- Study the following information carefully and answer the questions given below: Seven persons A, B, C, D, E, F and H lives on three different floors of a building. The lowermost floor of the building is numbered 1, the floor above it is numbered 2 and the topmost floor is numbered 3. They are student, Teacher, Engineer, Doctor, Manager, Lawyer and MR but not necessarily in the same order. Two persons live on the first floor, three persons live on the second floor and two persons live on the topmost floor. B, who is a Engineer, does not live on the topmost floor. The student is the only person who lives on the same floor on which B lives. A and H do not live on the second floor, and they are Teacher and Lawyer respectively. C is a Manager. D is neither an MR nor a student. F live on the same floor on which the Doctor lives. 31. Who among the following is a student? (a) D (b) E (c) F (d) Can’t be determined (e) None of these 32. Who among the following live on the first floor? (a) Teacher and Engineer (b) Doctor and MR (c) Engineer and Student (d) Lawyer and Manager (e) None of these 33. Which of the following combination is/are true? (a) A – Student – 1 (b) D – Doctor – 3 (c) F – MR – 2 (d) All are true (e) None of these 34. Who among the following live on the second floor? (a) C, D, F (b) E, F, C (c) D, E, F (d) A, F, H (e) None of these 35. F lives on which of the following floors? (a) First (b) Second (c) Either second or third (d) Can’t be determined (e) None of these

TEST-II NUMERICAL APTITUDE Directions (36 –41): What should come in place of the question mark (?) in the following questions? 36. 13.141 + 31.417 – 27.118 = ? (1) 16.441 (2) 17.543 (3) 17.490 (4) 16.440 (5) None of these 37. 25% of 420 - ?% of 140 = 77 (1) 25 (2) 36 (3) 20 (4) 40 (5) None of these 38. 252.7 × 54.2 ÷ 56.4 = 25 × ? (1) 1.7 (2) 3.2 (3) 1.6 (4) 3.6 (5) None of these ? × 39. = √

<< 60 >> | IBS QUEST | DECEMBER, 2017

IBS Quest (1) 20 (2) 45 (3) 25 (4) 50 (5) None of these 40. 4 × 4 ÷ 3 = ? (1) 2 (2) 4 (3) 4 (4) 6 (5) None of these 41. 36% of 250 × 18% of 50 = ? + 10 (1) 820 (2) 810 (3) 790 (4) 800 (5) None of these Directions (42 – 44): What will come in place of the question mark (?) in the following number series? 42. 311 300 278 245 201 146 ? (1) 70 (2) 90 (3) 80 (4) 110 (5) None of these 43. 17 22 32 47 67 92 ? (1) 112 (2) 132 (3) 111 (4) 122 (5) None of these 44. 3 123 183 213 228 235.5 ? (1) 238.25 (2) 239.25 (3) 275.50 (4) 238.50 (5) None of these 45. The ratio between the speed of a car and a train is 15 : 22 respectively. If the speed of the train is 35 kmph more than that of the car, what is the speed of the car? (1) 75 kmph (2) 110 kmph (3) 85 kmph (4) Cannot be determined (5) None of these 46. Out of the fractions , , , , and which is the largest fraction? (1) (2) , (3) (4) (5) None of these 47. The salary of a man increases by 20% every year in the month of January. His salary was Rs. 5,000 in the month of February in years 2009. What will be his salary in the month of February in the year 2011? (1) Rs. 7,200 (2) Rs. 6,200 (3) Rs. 7,800 (4) Rs. 6,800 (5) None of these 48. In how many different ways can the letters of word ‘FINISH’ can be arranged ? (1) 80 (2) 120 (3) 60 (4) 720 (5) None of these 49. The simple interest accrued on a certain principal in 5 years at the rate of 12 p.c.p.a. is Rs. 1,536. What amount of the simple interest would one get if one invests Rs. 1,000 more than the previous principal for 2 years and at the same rate p.c.p.a.? (1) Rs. 845.40 (2) Rs. 614.40 (3) Rs. 2,136 (4) Rs. 1,536 (5) None of these 50. If 3 men or 9 boys can finish a piece of work in 21 days. In how many days can 5 men and 6 boys together do the same piece of work? (1) 12 days (2) 8 days (3) 14 days (4) Cannot be determined (5) None of these 51. Twenty five percent of Reena’s yearly income is equal to seventy five percent of Anubhav’s yearly income. If Anubhav’s yearly income is Rs. 2,40,000 what is Reena’s monthly income? (1) Rs. 60.000 (2) 12,000 (3) Rs. 5,200 (4) Cannot be determined (5) None of these 52. What is the value of 72% of two-fifth of 450? (1) 648.4 (2) 129.6 (3) 324.2 (4) 162.6 (5) None of these 53. What is the compound interest accrued on a sum of Rs. 1800 at the rate of 4 p.c.p.a. in 2 years? (1) Rs. 146.88 (2) Rs. 1,946.88 (3) Rs. 156.84 (4) Rs. 1,846.84 (5) None of these 54. The area of a square is 225 sq.cm which is equal to the area of a rectangle. The length of the rectangle is 16 cm. more than the breadth of the rectangle. What is the respective ratio between the side of the square and the breadth of the rectangle? (1) 3 : 5 (2) 5 : 3 (3) 5 : 4 (4) 4 : 5 (5) None of these 55. The ratio between the angles of a quadrilateral is 3 : 5 : 9 : 1 respectively. What is the value of two-third of the total sum of the smallest and the second largest angles together? (1) 60 (2) 90 (3) 80 (4) 120 (5) None of these Directions (56 –57): In the following series only one number is wrong. Find out the wrong one. 56. 217 216 212 203 187 151 126 (1) 216 (2) 212 (3) 203 (4) 187 (5) 151 57. 11 16 23 29 37 46 56

<< 61 >> | IBS QUEST | DECEMBER, 2017

IBS Quest (1) 16 (2) 23 (3) 11 (4) 37 (5) 46 Directions (58 –62): What approximate value should come in place of the question mark (?) in the following questions? (You are not expected to calculate the exact value.) 58. 970% of 14 + 310% of 43 = ? (1) 240 (2) 225 (3) 270 (4) 300 (5) 320 59. 25.8% of 235.9 × 3.96 = ? (1) 280 (2) 210 (3) 200 (4) 250 (5) 300 60. 3 × 9 ÷ 7 = ? (1) 10 (2) 20 (3) 30 (4) 5 (5) 15 61. 23 × 17.5 + 63.774 – 321.3 ÷ 52.6 = ? (1) 460 (2) 520 (3) 600 (4) 400 (5) 370 62. 236.56 ÷ 18.29 × 9.87 = ? (1) 127 (2) 152 (3) 182 (4) 210 (5) 240 Directions (63 – 67): Study the following graph carefully to answer the questions that follow: Number of Students passed (in thousands) From Two Universities Over the years University A University B 70 60 50 40 30 20 10 0 2003 2004 2005 2006 2007 2008

63. What is the respective ratio between the number of students passed from university ‘A’ in the years 2007 and the number of students passed from university ‘B’ in the year 2004? (1) 5 : 4 (2) 4 : 5 (3) 7 : 10 (4) 10 : 7 (5) None of these 64 What is the difference between the total number of students passed from both the Universities in the years 2007 together and the total number of students passed in the years 2005 from both the Universities together? (1) 70,000 (2) 37,000 (3) 7,000 (4) 3.700 (5) None of these 65. What is the sum of students passed from university ‘B’ in years 2003, 2005 and 2006 together? (1) 70.000 (2) 37,000 (3) 7,000 (4) 3,700 (5) None of these 66. Number of students passed from University ‘B’ in the years 2008 is approximately what percent of the total number of students passed from University A over the years? (1) 30 (2) 25 (3) 20 (4) 35 (5) 40 67. What is the respective ratio between the number of students passed in years 2007, 2008 and 2005 from University A? (1) 5 : 3 : 2 (2) 3 : 5 : 5 (3) 5 : 3 : 3 (4) 5 : 1 : 1 (5) None of these Directions (68-70): In the following questions, two equations I and II are given. You have to solve both the equations and give answer: 1. if X > Y 2. if X ≥ Y 3. if X < Y 4. if X ≤ Y 5. Relation can not determine

<< 62 >> | IBS QUEST | DECEMBER, 2017

IBS Quest 68. I. 2 − 15 = 5 II. 6 − 5 = −1 69. I. = 1521 II. = √1521 70. I. − 12 + 35 = 0 II. − 9 + 20 = 0

TEST - III ENGLISH LANGUAGE Directions (71 - 78): Read the following passage very carefully and answers the questions given below appropriately. There are certain words in bold letters to lead you to find them out easily in order to help you in answering some of the questions. I worked as health secretary for about five years from the middle of 1962 to the middle of 1987. Thereafter I worked as finance secretary until the end of 1969. Indiscipline was rampant in the health department. Intense lobbying to secure plum postings was the order of the day. Ministers, legislators, senior officers and other influential people openly pleaded the cause of their protégés. The Health Minister was an honest, well-meaning politician. He approved my proposals to bring about some system and objectivity in posting and transfers and put an end to lobbying. But those efforts met with only limited success. Doctors succeeded in getting desired postings by resorting to bribery. On the eve of the elections, the then minister sent down over 100 transfer orders from his camp of five. They were in conflict with the guidelines and quite a few were confusing in as much as two doctors were posted to the same place, or one person was posted to more than one person was posted to more than one post. I did not carry out the orders. I submitted a note to chief Minister through the Chief Secretary pointing out why the orders should not be implemented. The Chief Secretary Supported me. The Chief Minister decided that the minister’s orders should not be implemented. All the doctors who had paid money were disappointed. In several other departments also corruption became widespread. In the works departments corruption had existed since a long time in the matter of awarding contract. Now bribes were freely offered to secure transfer to particular posts, and even for getting promotions. As finance Secretary I found that the finances of the state were in a precarious condition. Financial discipline had evaporated. Long before the advent of the wireless and the telephone, The British had included in the Treasury Code a rule (Rule 27) empowering collectors to draw money from the treasury to meet emergencies like floods, earthquakes, devastating fires, etc. To my dismay I found that collectors were freely drawing money for all manner of trivial purposes under Rule 27 of the Treasury Code. In one case a collector had drawn money under the rule to by a staff car for the SDO of another district. All checks and balances had disappeared. There was no accountability and any one could do what he pleased. Resorting to a number of harsh measures I could restore a measure of financial discipline. But the administration continued to be in disarray. 71. How many years did the author work as health secretary? (1) He worded as health secretary until the end of 1969 (2) He worked as health secretary before he took over as finance secretary (3) He worded as health secretary till the health minister was found to be a man of integrity (4) He worded as health secretary for about five years (5) He did not word as health secretary at all 72. According to the author what was the order of the day? (1) Strict discipline (2) Cut throat competition (3) Racial discrimination (4) Intense lobbying (5) None of these 73. How did the doctors succeed in getting desired postings? (1) Through dedicated service (2) By working in the health minister’s constituency (4) By resorting to sycophancy (4) By resorting to bribery (5) None of thsee 74. When the health minister sent down 100 transfer orders from his camp office, how did the author react? (A) He immediately obeyed the minister (B) He did not carry out the orders (C) He submitted a note to Chief Minister through the Chief Secretary (1) Only (A) (2) Only (B) (3) Only (A) & (B) (4) Only (B) & (C) (5) Only (A) & (C) 75. What happened when the Chief Minister decided that the minister’s orders should not be implemented? (1) The author was very happy (2) The author arranged a tea party to celebrate his victory (3) The doctors resigned and left the hospitals (4) The health minister submitted his resignation (5) All the doctors who had paid money were disappointed

<< 63 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Directions (76 – 78): Choose the word which is MOST OPPOSITE in meaning of the word given in bold as used in the passage. 76. Intense (1) Active (2) Vigorous (3) Feeble (4) Inferior (5) Devise 77. Conflict (1) Conformity (2) disagreement (3) Attest (4) Combat (5) Manifest 78. Devastating (1) Ravaging (2) wrecking (3) Refreshing (4) Restoring (5) Replenishing Directions (79 –88): In the following passage, there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case. With the (79) of Indian economy (80) various initiated, banking sector (81), a pivotal role in the process of achieving (82) economic growth and also in (83) the social well being at large. The public sector (84) in India have the twin tasks ahead of meeting the social banding (85) and at the same time generating (86) profits to meet the costs associated with growth. At present, banks have more then 76.1 per cent of their total branch (87) in rural and semi-urban (88). 79. (1) nationalization (2) expansion (3) liberalization (4) computerization (5) accommodation 80. (1) from (2) over (3) between (4) through (5) thorough 81. (1) manages (2) occupies (3) facilitates (4) naturalize (5) conquers 82. (1) fewer (2) fantastic (3) higher (4) lower (5) lesser 83. (1) increasing (2) enhancing (3) encouraging (4) improving (5) innovation 84. (1) organizations (2) companies (3) corporations (4) banks (5) institutions 85. (1) limitations (2) obligations (3) derivatives (4) facilities (5) liabilities 86. (1) beautiful (2) Iumpsum (3) adequate (4) wonderful (5) everlasting 87. (1) map (2) scenario (3) network (4) system (5) graph 88. (1) households (2) residences (3) areas (4) locals (5) suburbs Directions (89 –90): In each questions below, four words which are numbered (1), (2), (3) and (4) have been printed of which one may be wrongly spelt. The number of that word is answer. If all the four words are correctly spelt, mark (5) i.e. ‘All correct’ as the answer. 89. (1) Village (2) Pattrol (3) parole (4) Enough (5) All correct 90. (1) Appointment (2) Broad (3) Commisioner (4) Arrival (5) All correct Directions (91 – 95): Pick out the most effective word from the given words to make the sentence meaningfully complete. 91. I will ______them for saving me from the agonies of old age. (1) fire (2) beat (3) thank (4) admonish (5) shout 92. I have not done things which anyone else may feel are ______recording. (1) useless (2) worth (3) good (4) historic (5) bad 93. I was handed ______to Bhai Hari Singh. (1) back (2) over (3) through (4) upon (5) again 94. I was handed ______with the names of notorious criminals. (1) constantly (2) convenient (3) familiar (4) obvious (5) ignorant 95. I do not know what ______my father choose that particular school. (1) happened (2) controlled (3) made (4) asked (5) thrilled Directions (96 –100): Read each sentence to find out whether there is any grammatical/idiomatic/spelling mistake/error in it. The error, if any, will be in one part of the sentence. Mark the number of that part with error as your answer. If there is no error , mark (5) 96. I have criticize (1)/ the remarkable book (2)/ because I benefited (3)/ from reading it. (4) No error (5) 97. As Arundhati Roy (1)/ in her foreword write (2)/ John offers (3)/ untold stories of people. (4) No error (5) 98. Citizens needed (1)/ to know that (2)/ our leader cannot (3)/ be trusted. (4) No error (5) 99. Responsibilities includes (1) wording with the editors (2)/ on all aspects (3)/ of the editorial process. (4) No error (5) 100. We build a simple model (1)/ to test whether (2)/ there is a phase change (3)/ in the Indian economy. (4)/ No error (5)

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IBS Quest Answer Keys Section – I (Reasoning Ability) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 1 2 2 3 5 1 4 1 2 5 3 3 3 5 3 4 5 4 5 5

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35

2 3 4 1 3 2 3 3 3 3 2 3 3 1 2

Section – II (Quantitative Aptitude) 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 5 3 4 3 5 4 3 4 2 1 4 1 2 5 5 1 2 1 2 3

56 57 58 59 60 61 62 63 64 65 66 67 68 69 70

5 2 3 4 4 1 1 4 1 5 2 3 1 4 2

Section – III (English Language) 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 4 4 4 4 5 3 1 3 3 4 2 3 4 4 2 3 3 3 2 3

91 92 93 94 95 96 97 98 99 100

3 2 2 3 3 1 1 2 1 5

Solution Reasoning (1-5):-

1. (a) 2. (b) 3. (b) 4. (c) 5. (e) (6-10):- 6. (a) I. True II. False 7. (d) I. False II. False 8. (a) I. True II. False 9. (b) I. False II. True 10. (e) I. True II. True (11-15):- 11. (c) 12. (c) 13. (c) 14. (e) 15. (c) (16-20):- 16. (d)

<< 65 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

(17-18):-

17. (e) 18. (d) (19-20):-

19. (e) 20. (e) (21-25):-

21. (b) 22. (c) 23. (d) 24. (a) 25. (c) (26-30):- 26. (b) 27. (c) 28. (c) 29. (c) 30. (c)

(31-35):-

31. (b) 32. (c) 33. (c) 34. (a) 35. (b)

Quant 36. 13.141 + 31.417 – 27.118 = 17.440 37. × 420 − × 140 = 77 105 – 77 = 1.4x x = 20 38. 252.7 54.2  56.4  25 242.8 = 25x

x = 9.71 ? × 39. = √ ? = ? = 5 × 10

<< 66 >> | IBS QUEST | DECEMBER, 2017

IBS Quest ? = 50 1 2 1 40. 4 4  3  ? 5 7 3 21 30 3   ? 5 7 10 27 ? 5 2 5 ? 5 36 18 41. 250   50  ?  10 100 100 800 = ? 42. 311 300 278 245 201 146 80

-11 -22 -33 -44 -55 -66

43. 17 22 32 47 67 92 122

+5 +10 +15 +20 +25 +30

44. 3 123 183 213 228 235.5 239.25

+120 +60 +30 +15 +7.5 +3.75

45. T : C 15 : 22 35 15 Speed of train  75 km/h (22 15) 46. 120 120 47. 5000   100 100 = 7200 ! 48. ! = 360 1536 49. Interest of one year  5 =307.2 307.2 100 Principal  12 = 2560 New principal = 2560 × 100 = 3560 ×× Amount in 2 years = = 854.4 50. 3M = 9B 1M = 3B (5M + 2M) = 7M

<< 67 >> | IBS QUEST | DECEMBER, 2017

IBS Quest × = = 9 days 51. 25% of Reena’s income = 75% of Anubhav’s income R’s = 3 A’s Reena’s income = 3 × 240000 = 720000 yearly 720000 Monthly   60000 12 2 52. 72%  450 5 72 2   450 100 5 72 18   129.6 10 53. 1800 Ist year 72 2nd year 72 + 2.88 146.88 54. x (x+16) = 225 x2 + 16x – 225 x = - 25, 9 b = 9 l = 25 Ratios 15 : 9 5 : 3 55. 3x + 5x + 9x + x = 360 18x = 360 x = 20 = (20 + 100) = × 120 80 152 56. 217 216 212 203 187 151 126

-1 -4 -9 -16 -25 -36

22 57. 11 16 23 29 37 46 56

+5 +6 +7 +8 +9 +10

970 310 58. 14   43 100 100 135.8 + 133.3 = 269.1 = 270 25.8 59. 235.9  3.96  ? 100 = 245.44 2 7 1 60. 3 9  7 9 5 6

<< 68 >> | IBS QUEST | DECEMBER, 2017

IBS Quest 29 52 6    4.6 9 5 43 61. 23 17.5  63.774  321.3  52.6  ? 102 + 64 – 6 = 460 62. 236.56 18.29  9.89 = 127 63. 50 : 35 10 : 7 64. Total student in 2007 = 110000 Total student 2005 = 40000 Difference = 110 – 40 = 70000 65. 30 + 10 + 40 = 80 50 66. 100 205 = 24.39 = 25% 67. 50 : 30 : 30 5 : 3 : 3 68. 2x – 15y = 5 6x – 5y = -1 2x – 15y = 5 18x – 15y = -3 - + + 16x = 8 = = 2 × − 15 = 5 = > 69. x39 y  39 70. x = 7, 5 y = 4,5

<< 69 >> | IBS QUEST | DECEMBER, 2017

IBS Quest

MODEL TEST PAPER BANKING/CURRENT AFFAIRS

1. Which of the following has become the first Open Defecation Free (ODF) tribe district of Rajasthan? a. Dungarpur b. Ajmer c. Churu d. Tonk 2. Who is leading the Indian delegation at the 8th Conference of Association of SAARC Speakers and Parliamentarians? a. ManekaGandhi b. SumitraMahajan c. SushmaSwaraj d. Arun Jaietly 3. The 2017 World Animal Day (WAD) is observed on which date? a. October 5 b. October 3 c. October 4 d. October 6 4. Who has been sworn-in as the new Governor of Meghalaya? a. BanwarilalPurohit b. PrakashKamat c. PavanDahat d. Ganga Prasad 5. Which high-level committee has been constituted by the Union government for proper management of water resources in the NE region: a. Rajiv Kumar Committee b. Jagdish Mukhi Committee c. Ram Dass Committee d. B D Mishra Committee 6. What is the theme of 2017 World Teachers’ Day (WTD) : a. Valuing teachers, improving their status b. A call for teachers c. Teaching in Freedom, Empowering Teachers d. Value teachers & empower teaching 7. From where the Union Ministry of Tourism has started ‘Paryatan Parv’ to promote tourism across India: a. Delhi b. Pune c. Gandhi Nagar d. Kocchi 8. Pooja Kadian is associated with which sports: a. Table Tennis b. Boxing c. Wushu d. Badminton 9. The Chakrashila Wildlife Sanctuary (CWS) is located in which state : a. Odisha b. Assam c. Uttar Pradesh d. Chattisgarh 10. Bangladesh has signed how much amount of loan deal with India for its infrastructure and social sector development: a. 4.5 Billion $ b. 5.5 Billion $ c. 6.5 Billion $ d. 7.5 Billion $ 11. India’s first-ever Industrial Training Institute for the Divyangans will come up in which state : a. Mizoram b. Assam c. Uttar Pradesh d. Kerala 12. Purushottam Lal Kaushik, who passed away recently, was associated with which field : a. Politics b. Film Industry c. Journalism d. Photography 13. Who has been appointed as the new Prime Minister of Mongolia : a. Norovyn Altankhuyag b. Jargaltulga Erdenebat c. Khaltmaagiin Battulga d. Ukhnaa Khurelsukh 14. The European Investment Bank (EIB) has signed how much of loan pact with India for Bangalore Metro Rail Project Phase II: a. € 400 million b. € 500 million c. € 300 million d. € 200 million 15. Which city is hosting the first ever ASEAN-India Music Festival : a. Lucknow b. New Delhi c. Guwahati d. Chennai 16. The international exhibition ‘World Dental Show 2017’ has opened in which city: a. Mumbai b. Chennai c. New Delhi d. Kolkata 17. Which state government has launched a mass marriage scheme ‘Mukhyamantri Samoohik Vivaah Yojana’ for BPL families : a. Assam b. Madhya Pradesh c. Rajashthan d. Uttar Pradesh 18. Who has become the first person from India to win Anna Politkovskaya Award : a. Rajdev Ranjan b. Gauri Lankesh c. Tarun Kumar Aacharya d. M.V Sahanker 19. The Union government has set up a study group to examine the problems of people along IB, LOC in J&K. Who will head the team : a. Rina Mitra b. Sunil Ajmera c. Ajit Doval d. Rajiv Kumar 20. The 2017 Nobel Peace Prize has been awarded to International Campaign to Abolish Nuclear Weapons (ICAN). Where is the headquarters of ICAN: a. London b. New York c. Warsaw d. Geneva 21. Who has been appointed by the Supreme Court (SC) as amicus curiae on plea seeking re-probe of Mahatma Gandhi assassination : a. J.S Khehar b. Arun Kumar Mishra c. Ranjan Gogoi d. Amrender Sharan 22. Which Indian sportsperson has clinched the World Open Under-16 Snooker Championship-2017 :

<< 70 >> | IBS QUEST | DECEMBER, 2017

IBS Quest a. Arantxa Sanchis b. Keerthana Pandian c. Anupama Ramachandran d. Anuja Thakur 23. Who has won the 2017 men singles title at the Bulgarian International Future Series Tennis tournament: a. RMV Gurusaidutt b. Muhammed Ali Kurt c. Ramkumar Ramanathan d. Sumit Nagal 24. Which Indian personality has been conferred the ‘Cross of the Order of Merit’, the highest civilian honour of Germany : a. Aditya Mangal b. Rajesh Nath c. Deepak Chauhan d. Milind Gupta 25. Samiya Imad Farooqui has clinched gold at women’s singles U-15 Asian Junior Championship (AJC). She hails from which city : a. New Delhi b. Hyderabad c. Lucknow d. Jaipur 26. President Ram Nath Kovind has launched Mata Amritanandamayi Math Project ‘Jeevamritham’ from which state : a. Mizoram b. Kerala c. Andhra Pradesh d. Karnataka 27. Under ‘Ek Bharat, Shrestha Bhara’programme, which of the following states have signed MoU to boost cultural ties: a. Arunachal Pradesh, Kerala and Karnataka b. Madhya Pradesh, Andhra Pradesh and Meghalaya c. Andhra Pradesh, Madhya Pradesh and Uttar Pradesh d. Arunachal Pradesh, Uttar Pradesh and Meghalaya 28. Who has been chosen for the 2017 Vayalar Ramavarma Literacy award: a. Subhash Chandran b. U. K. Kumaran c. T D Ramakrishna d. K. R. Meera 29. Which state government has launched ‘Solar Briefcase’ to provide electricity in remote areas: a. Jharkhand b. Uttrakhand c. Uttar Pradesh d. Madhya Pradesh 30. What is the India’s rank in the world’s most valuable nation brands, according to Brand Finance’s Nation Brands 2017 report: a. 7th b. 10th c. 6th d. 8th 31. Which union minister has inaugurated the first ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017) : a. Nirmala Sitharaman b. Narendra Modi c. Harsh Vardhan d. Rajnath Singh 32. Which state has become the India’s first state to incorporate skill development programme in higher education : a. Himachal Pradesh b. Rajasthan c. Punjab d. Haryana 33. Who will head the US-India Business Council (USIBC) : a. S Jaishanker b. Nisha Biswal c. Richard Verma d. Nikhil Chopra 34. Which of the following has been named as the India’s best FMCG company in the food sector by the International Advertising Association (IAA) : a. Patanjali Ayurved b. Nestle India c. Amul d. Dabur India 35. What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia Economic Focus (Fall 2017) report: a. 7.2% b. 7.0% c. 6.7% d. 6.5% 36. Who has been appointed as the new chairman of the Film and Television Institute of India (FTII) : a. Anupam Kher b. Ragini Sharma c. Jagdish Bhagwati d. Prasoon Joshi 37. What is the theme of the 2017 International Day of the Girl Child (IDGC) : a. Empowering Adolescent Girls: Ending the Cycle of Violence b. Girls’ Progress = Goals’ Progress: What Counts for Girls c. Empower Girls: Before, during and after crises d. The Power of Adolescent Girl: Vision for 2030 38. Who has been appointed the new Ambassador to Principality of Monaco: a. Sanjiv Singla b. Arun Kumar Singh c. Mohan Kumar d. V M Kwatra 39. Who has been bestowed with the 2017 Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics and Management : a. Meera Thakur b. Bindeshwar Pathak c. K C Gupta d. M N Ramakrishna 40. What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report: a. 7.0% b. 6.7 % c. 7.1% d. 6.5 % Answer Key 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 a b c d a c a c b a b a d a b a d b a d

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 d c a d b b d c b d d b b c b a c d b b

<< 71 >> | IBS QUEST | DECEMBER, 2017

IBS Quest LATEST GK TABLETS 1 Which is India’s first indigenously built Scorpene submarine delivered to the Indian Navy INS Kalvari 2 Which has become the world’s airline to launch double beds in business class Qatar Airlines 3 Who has been appointed as the new CMD of cotton corporation of India (CCI) P Alli Rani 4 Which union minister has launched a nation-wide ‘Pradhan Mantri LPG Panchayat Dharmendra Pradhan 5 The 2017 Bathukamma festival has started in which state Telangana 6 Who has become the first Indian to be picked as AIBA representative at IOC athletes forum Mary Kom The joint military training exercise “panda-Kangaroo 2017” was held between Australia and 7 China which country The asian development bank (ADB) has sanctioned how much amount of loan facility to 8 $300 million carry forward fiscal reforms in West Bengal 9 Who has been appointed as new Indian High Commissioner to Pakistan Ajay Bisaria Which country to conduct the first BIMSTEC Disaster Management Exercise -2017 10 India (BIMSTEC DMEx-2017) Which bollywood personality has been appointed as the brand ambassador of Uttarakhand 11 Akshay Kumar Swachh Bharat Mission (SBM) Who has been appointed as the new interim chairman of National Payments Corporation of 12 B Sambamurthy India (NPCI) Together for Peace: 13 What is the theme of 2017 International Day of Peace Respect, Safety and Dignity for All Which city is hosting the 6th edition of International Textile and Apparel Fair “VASTRA- 14 Jaipur 2017” Which Indian film has been chosen as India’s official entry in the Best Foreign Language 15 Newton Film category at Oscars 2018 16 Dabur India has tied up with which e-commerce major for an online ayurveda marketplace Amazon Which campaign will be launched by Central Government to promote development and Gram Samridhi Evam 17 cleanliness in rural areas Swachhta The Humanitarian Assistance and Disaster Relief (HADR) exercise ‘Pralay Sahayam’ was 18 Telangana held in which state 19 Who is the newly appointed Comptroller and Auditor General (CAG) of India Rajiv Mahrishi Which union minister has launched Sahaj Bijli Har Ghar Yojana ‘Saubhagya’ to supply 20 Narendra Modi electricity to poor households Bajrang has won gold at the Asian Indoor and Martial Arts Games. He is associated with 21 Wrestling which sports 22 Which state is hosting the 57th National Open Athletics Championships 2017 Tamil Nadu 23 Which state government has declared 2017 as e-Pragati year Andhra Pradesh 24 Which country hosted the 7th ASEM Economic Ministers’ Meeting (ASEM EMM7) South Korea The joint military exercise “DRUZBA 2017” has started between which of the following 25 Pakistan and Russia countries The Asian Development Bank (ADB) has downgraded India’s GDP growth forecast for 26 7 FY18 from 7.4% to ____

<< 72 >> | IBS QUEST | DECEMBER, 2017

IBS Quest 27 Who is the author of the book “The Shershah of Kargil: Captain Vikram Batra” Deepak Surana Who is the head of the newly constituted Prime Minister Economic Advisory Council 28 Bibek Debroi (PMEAC) Which web portal has been launched by the Union Government for effective implementation 29 PENCIL of National Child Labour Project Which union minister has launched an accessible and comprehensive mobile App “Divyang 30 Thawar Chand Gahlot Sarathi” for Divyangs 31 Which city will host the first-ever India Mobile Congress 2017 New Delhi The Union Cabinet has approved signing and ratification of Bilateral Investment Treaty 32 Belarus (BIT) between India and which country The Union Cabinet has approved signing of memorandum of understanding (MoU) between 33 Afghanistan India with which country on Technical Cooperation on Police Training and Development 34 What is the rank of India in 2017 Global Competitiveness Index 40th 35 Which port has recently renamed as Deendayal Port Kandala Port in Gujarat 36 The World Tourism Day (WTD) is being observed every year on which day 27th September Dairy Processing and The Union government has set up special fund ‘DPIDF’ to boost dairy sector. What does 37 Infrastructure “DPIDF” stands for Development Fund 38 Who is the newly appointed CMD of Oil and Natural Gas Corporation (ONGC) Shashi Shanker Which state government has launched ‘Vision-2025’ project to seek public opinion for their 39 Karnataka dream state 40 The Maharashtra government has signed pact with which country for infra projects South Korea The Central Adoption Resource Authority (CARA) is an autonomous body under which Ministry of Women and 41 union ministry Child Development 42 Which state has won the ‘Best Tourism State’ National award-2017 Madhya Pradesh Connecting Ships, Ports 43 What is the theme of 2017 World Maritime Day (WMD) and People What is the theme of the 13th Formation Day of the National Disaster Management Authority 44 School Safety (NDMA) Hugh M Hefner, the founder of the iconic Playboy magazine passed away. He hailed from 45 United States which country 46 Which committee recommendations to deal with hate speech on internet T.K Vishwanathan 47 India with which country sign letter of Intent to bilateral extend health cooperation Norway Which state will become first big state to use Electronic Voting Machine (EVMs) equipped 48 with Voter Verifiable Paper Audit Trail (VVPAT) in coming Assembly elections to make Gujarat election process more transparen 49 Which day is observed as World Maritime Day every year 28th September 50 NITI Aayog will host Global Entrepreneurship Summit (GES 2017) in which city Hyderabad 51 Which city to host the 14th India-EU Summit -2017 New Delhi Which service will be launched by BSNL in partnership with Vihaan Networks Limited 52 Relief123 (VNL) to provide disaster management in India 53 Which bank has launched ‘Project Nishchay’ to improve financial performance IDBI Bank 54 Who has become the first woman chief proctor of Banaras Hindu University (BHU) Royana Singh

<< 73 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Which Indian entrepreneur has won the prestigious International Business Person of the Year 55 Birendra Sasmal award in London for innovative IT solutions 56 Who has been appointed as the new Governor of Bihar Satya Pal Malik 57 The United Nations’ (UN) International Day of Non-Violence is observed on which date October 2 58 The 2017 International Day of Older Persons is observed on which date October 1 59 Which union minister has launched nationwide Free Eye Check-up Campaign Nitin Gadkari Jeffrey C. Hall, Michael 60 Who has won the Nobel Prize in Physiology or Medicine 2017 Rosbash and Michael W. Young Which state government has launched a state-wide campaign against child marriage and 61 Bihar dowry on the occasion of Mahatma Gandhi’s birth anniversary The 8th Conference of Association of SAARC Speakers and Parliamentarians to be held in 62 Sri Lanka which country President Ram Nath Kovind has appointed a Commission to examine the sub-categorisation 63 G Rohini of OBCs. Who will be chairperson of the commission 64 Which city is hosting the Global Wildlife Programme (GWP) conference-2017 New Delhi 65 Which committee has drafted the 3rd National Wildlife Action Plan (NWAP) for 2017-2031 JC Kala Committee Housing Policies: 66 What is the theme of the 2017 United Nations (UN)’s World Habitat Day (WHD) Affordable Homes 67 What is the present Repo Rate according to Reserve Bank of India 6.0 68 Who has been named as the new Governor of Bihar Satya Pal Malik 69 Which sanctuary has been set up in Allahabad recently Turtle Sanctuary According to Ministry of Commerce & Industry, eight core sectors grew by how much 70 4.9 percent in August 2017 Jacques Dubochet, 71 Who have won the Nobel Prize in Chemistry 2017 Joachim Frank and Richard Henderson For the first time, India and which neighboring state will conduct joint tiger census using a 72 Nepal globally-recognised method 73 Which union minister has launched SECURE Himalaya project in association with UNDP Dr. Harshvardhan Who has become the first Indian to hold deputy director general post at World Health 74 Soumya Swaminathan Organisation (WHO) 75 Who has been appointed as the new chairman of the State Bank of India (SBI) Rajnish Kumar Rainer Weiss, Kip 76 Who have won the Nobel Prize in Physics 2017 Thorne and Barry Barish 77 Where is the headquarters of the Institute of Company Secretaries of India (ICSI) New Delhi 78 Who has won the Nobel Prize for Literature 2017 Kazuo Ishiguro Which of the following has become the first Open Defecation Free (ODF) tribe district of 79 Dungarpur Rajasthan 80 The 2017 World Animal Day (WAD) is observed on which date October 4 81 Who has been sworn-in as the new Governor of Meghalaya Ganga Prasad 82 Which high-level committee has been constituted by the Union government for proper Rajiv Kumar Committee

<< 74 >> | IBS QUEST | DECEMBER, 2017

IBS Quest management of water resources in the NE region Teaching in Freedom, 83 What is the theme of 2017 World Teachers’ Day (WTD) Empowering Teachers From where the Union Ministry of Tourism has started ‘Paryatan Parv’ to promote tourism 84 Delhi across India Bangladesh has signed how much amount of loan deal with India for its infrastructure and 85 4.5 Billion US Dollars social sector development 86 India’s first-ever Industrial Training Institute for the Divyangans will come up in which state Assam 87 Who has been sworn-in as the new Governor of Tamil Nadu Banwari lal Purohit Exploring New Worlds 88 What is the theme of 2017 World Space Week (WSW) In Space The European Investment Bank (EIB) has signed how much of loan pact with India for 89 € 300 million Bangalore Metro Rail Project Phase II 90 Which city is hosting the first ever ASEAN-India Music Festival New Delhi 91 Kundan Shah, who passed away recently, was the renowned personality of which field Film Industry Which Indian sportsperson has clinched the World Open Under-16 Snooker Championship- Anupama 92 2017 Ramachandaran 93 Who has won the Nobel Prize in Economic Sciences 2017 Richard H. Thaler Which Indian personality has been conferred the ‘Cross of the Order of Merit’, the highest 94 Rajesh Nath civilian honour of Germany President Ram Nath Kovind has launched Mata Amritanandamayi Math Project 95 Kerala ‘Jeevamritham’ from which state 96 Who has won the 2017 China Open Tennis tournament Rafael Nadal 97 Who has been chosen for the 2017 Vayalar Ramavarma Literacy award T.D. Ramakrishna 98 The Government launches which series of sovereign gold bond scheme 2017-18 Series III Mental Health in the 99 What is the theme of the 2017 World Mental Health Day (WMHD) workplace Which company has been named as the India’s best FMCG company in the food sector by 100 Amul the International Advertising Association (IAA) What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia 101 7.0% Economic Focus (Fall 2017) report What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook 102 6.7 % (WEO) report Who has been appointed as the new chairman of the Film and Television Institute of India 103 Anupam Kher (FTII) Empower Girls: Before, 104 What is the theme of the 2017 International Day of the Girl Child (IDGC) during and after crises 105 Who has been sworn-in as the new Governor of Assam Jagdish Mukhi 106 Which city is hosting the 48th Conference of Governors New Delhi 107 India to sign pact with which country for setting up flexible LNG market Japan Who chaired the first meeting of the newly-constituted Economic Advisory Council to Prime 108 Bibek Debroi Minister (EAC-PM) 109 Who will head the 2nd National Judicial Pay Commission (NJPC) to look into pay hike issue P.V Reddy

<< 75 >> | IBS QUEST | DECEMBER, 2017

IBS Quest of lower court judges Which parliamentary committee on External Affairs has been formed to examine India-China Shashi Tharoor 110 relations Committee Which state government has recently implemented the Senior Citizen Health Insurance 111 Himachal Pradesh Scheme (SCHIS) Gurbax Singh Sandhu has been honoured with the 2017 National Awards for senior citizens. 112 Boxing He is associated with which sports 100th out of 119 113 What is the rank of India in Global Hunger Index 2017 Countries 114 Which city has hosted the first meeting of EAC-PM recently New Delhi SANKALP & STRIVE whereas STRIVE is Rs 2200 crore central sector 115 CCEA approves which schemes to boost Skill India Mission scheme with half funding will be World bank loan assistance 116 India’s first STP under Hybrid Annuity Mode to come up in which cities of India Haridwar & Varanasi 117 International day of Girl Child is observed on which date every year 11th Oct 118 World Standards Day is observed on which day every year 14 October 119 The joint training exercise “Mitra Shakti 2017” has started between India and which country Sri Lanka 120 What is the India’s rank in the 2017 Global Hunger Index (GHI) 100th 121 Who has become the first Indian Brand Ambassador of Laureus Yuvraj Singh Who has become the 1st cricketer from Bangladesh to be inducted in MCC World Cricket 122 Shakib Al Hassan Committee 123 Which city is hosting the 3rd edition of the India International Science Festival (IISF-2017) Chennai (Home Safe Home: 124 What is the theme of 2017 International Day for Disaster Reduction (IDDR) Reducing Exposure, Reducing Displacement) 125 Who will be the new Director-General (DG) of UNESCO Audrey Azoulay How many World Heritage Inscriptions sites does India have after addition of the walled city 126 36 of Ahmedabad? Who headed the headed Task Force on Artificial Intelligence (AI) for India’s Economic 127 Dr. V. Kamakoti Transformation by Commerce and Industry ministry? 128 Rajaswa Gyan Sangam, 2017 was held in New Delhi 129 Who had headed the panel on National Mineral Policy to submit report by Oct-end? K Rajeswara Rao 130 China's first test-flight base for civilian drones is located in Shanghai Alibaba, Founder of Jack 131 Who has become Asia’s richest person with net worth of $38.3 billion? Ma 132 Gaurav Bidhuri belong to which of the following sports? Boxing When was the Reserve Bank of India started to issue the Rs.200 notes from select RBI offices 133 25th August 2017 and some banks? Markets regulator Sebi barred Orion Capital as well as Orion Broking and their partners from 134 10 years the securities markets for

<< 76 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Which company has signed on Kerala-based Dhanlaxmi Bank as its bancassurance partner DHFL Pramerica Life 135 announced on 24th of Aug 2017? Insurance To implement which of the following schemes of Karnataka has amazon announced a 136 Ksheera Bhagya partnership with the Akshaya Patra Foundation? Who among the following was appointed election commissioner after Nasim Zaidi retired as 137 Sunil Arora chief election commissioner in July 2017? 138 Who has been appointed as the chairman of the board of directors of Infosys ? Nandan Nilekani 139 Name of the minister who inaugurated first Videsh Bhavan in Mumbai. Sushma Swaraj 140 Which state government launches web portal to help with competitive tests Maharashtra Which state Agriculture Department has signed with Microsoft to develop India’s first Farm 141 Karnataka Price Forecasting Model? 142 Where will 2018 Table Tennis Team World Cup going to be held? London Where does Unique Identification Authority of India UIDAI launch door step Aadhar 143 New Delhi enrolment? 144 Whose name was named UEFA Player of the Season for 2016–2017? Cristiano Ronaldo Which country launches world’s First Climate smart landscape management plan for snow 145 Nepal leopard conservation? 146 Who has written the book ‘I Do What I Do’? Raghuram Rajan What is the name of International Military Music Festival take place in Moscow that Indian 147 Spasskaya Tower Navy Ban is going to Participate? 148 How many members in a Supreme Court bench ruled right to privacy as Fundamental Right? 9 members Name of the entity that India has offered to host a joint urban earthquake search and rescue Shanghai Cooperation 149 exercise. Organisation 150 How many Stumpings did the Mahendra Singh Dhoni got and made a world Record? 100 In which place of India American Ship USS Pearl Harbor arrived as part of Defense 151 Goa cooperation? 152 Which award did the Hyderabad Airport Bagged recently? Energy Efficiency Award Which country missile program led to urgent United Nations Security council (UNSC) 153 North Korea Meeting? 154 Name of the country which bans transgender recruits from military ? US Under which act the Government initiate insolvency resolution process to recover bad loans 155 Banking Regulation Act by giving authorize to RBI? 156 How many e rickshaws did the Gurugram Metro stations yet to get? 1000 157 Which one of the following island is world’ least people visited country in 2016? Tuvalu 158 Whom to lay foundation stone for Link-4 of SAUNI Scheme in Rajkot? Shri Ram Nath Kovind Bharat Bill Payment 159 NPCI approves Spice Digital’s operation under which Payment System? System 160 How many radio bursts from Dwarf galaxy obtained in Breakthrough Mission Project? 15 161 Who becomes the first player to score 350 La Liga goals? Lionel Messi Which Indian Basketball player has been signed by Australian basketball team for the first 162 Amritpal Singh time? Cabinet approved the MoU with which country for the conservation of Earthquake-Damaged 163 Myanmar Pagodas at Bagan?

<< 77 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Which Country have mutually agreed with India to jointly issue a set of two Commemorative 164 Canada Postage Stamps on the theme “Diwali“? 165 Who won Gold at Commonwealth Youth Weightlifting Championship? Konsam Ormila Devi Under which Yojna Rajnath Singh has inaugurated the ‘YUVA’ – a skill development Pradhan Mantri Kaushal 166 programme which is an initiative taken by Delhi Police ? Vikas Yojana How much compensation Delhi court will pay to Wrestler Satish Kumar for being wrongly 167 25 Lacs restrained from taking part in the 2002 14th Asian Games? 168 Which day is observed on September 5th recently? National Teachers Day Shri Rajyavardhan 169 Who is appointed as New Sports Minister recently? Singh Rathore 170 Which district of West Bengal’s Gobindobhog rice gets geographical indication status? Burdwan Tamilnadu Mercantile 171 Which bank new Chief Executive officer is KV Rama Moorthy? Bank Ministry of Health and 172 Which union ministry Launched Two New Contraceptives Antara and Chhaya? Family Affair The official song of the FIFA Under-17 World Cup football tournament was formally 173 Pritam launched recently. Who is the composer of the song? 174 ‘Antara" the contraceptive pill launched by the government of India is effective for three months The Cabinet Committee on Security (CCS) approved the first phase of recommendations of 175 Shekatkar Committee Which Committee for Army reforms. 176 The 12th edition of Nepal-India joint military exercise was called Surya Kiran Who among the following Indian shooters won the silver medal in the double trap event of 177 Ankur Mittal the International Shooting Sport Federation (ISSF) World Shotgun Championship? 178 Who became the first Indian-born player to be picked up by an Australian NBL team? Amritpal Singh Which Indian delegation was led 10th India-European Union Counter Terrorism Dialogue 179 Shri Mahaveer Singhvi was held at New Delhi? Fincare Small Finance 180 Disha Microfin is now recognised as Bank Which electronic commerce entity has announced a partnership with the Akshaya Patra 181 Foundation to implement the Karnataka government’s ‘Ksheera Bhagya’ Scheme in Amazon Bengaluru on 30th Aug 2017? Where did Harsimrat Kaur Badal launch Common Food Processing Incubation Center for 182 Perambalur, Tamilnadu Shallots ? 183 DIKSHA launched on National Teachers' Day 2017 is a Web Portal Which country is the leading BRICS nation in innovation competitiveness according to the 184 China BRICS Innovative Competitive Report 2017? 185 How many years the SEBI bans Orion Capital, Orion Broking from securities markets? 10 years 186 Virat Kohli completed 15,000 international runs in how many matches? 304 Who has been given the additional charge of the chairperson of National Authority for 187 Dr. Inder Jit Singh Chemical Weapons Convention? Which of the following company has been awarded “Best Make In India Wi-Fi Company” at 188 DIGISOL “My India Wi-Fi India Summit & Awards 2017”? 189 In which country UJALA has been scheme launched recently? Malaysia

<< 78 >> | IBS QUEST | DECEMBER, 2017

IBS Quest Who has now been appointed as the first Indian woman ambassador in ''Friends of Australia'' 190 Parineeti Chopra (FOA) advocacy panel by Tourism Australia? A naval exercise named SLINEX 2017 is being held near Vishakhapatnam in Bay of Bengal. 191 Sri Lanka Which other country take part in the exercise along with India? 192 Who is India's Minister of State in the Ministry of Mines and Ministry of Coal? Haribhai Parthibhai 193 In which city Amazon’s Largest Fulfilment Center located? Hyderabad 194 Ankul Mittal Belongs to which sports? Shooting 195 Balasubramanian, head of corporate banking at HDFC Bank has quit to head Citibank 196 Who was declared as the co-patron of Archdiocese of Calcutta recently? Mother Teresa 197 Who was resigned as a MakeMyTrip co-founder and President recently? Ashish Kashyap Gujarat International Who won the prestigious Associated Chambers of Commerce and Industry of India 198 Finance-Tec City (GIFT (ASSOCHAM) Services Excellence Award? City) 199 Which day is observed as International Literacy Day recently? September 8th Literacy in a Digital 200 What is the theme of 2017 International Literacy Day (ILD)? World 201 Which of the following countries refused to sign the Bali declaration over Rohingya issue? India Which union minister has launched online registration portal for 2017 BSF Half Marathon in 202 Kiren Rijiju New Delhi? 203 Which bank to pay $225-mn New York fine for compliance failures’ recently? Pakistan’s Habib Bank 204 Which year India will host Commonwealth Weightlifting Championships? 2019 Johnson & Johnson 205 Which firm in India has announced eight weeks paid paternity leave policy for fathers? India The South Asian Women Development Forum would be organising ‘Across Barriers- 206 Kathmandu International Business Women’s Summit in which city? 207 India’s first Hyperloop project will come up in which state? Andhra Pradesh 208 Who is elected as Chairman of Press Trust of India recently? Shri Viveck Goenka 209 Who won Gold in Cadet World Wrestling Championship? Sonam The Financial Resolution and Deposit Insurance Bill, 2017 has been referred to a Joint 210 Bhupender Yadav Parliamentary Committee of both the Houses, under the Chairpersonship of 211 In which category of PSU does the State-run Bharat Petroleum Corporation (BPCL) fall? Maharatna The Norwegian Nobel Institute announced that the Nobel Peace Prize awarded to whom 212 Aung San Suu Kyi cannot be revoked? Who among the following won Gold Medal at the World Cadet Wrestling Championship in 213 Sonam Malik Athens, Greece? 214 Researchers discovered a new species of edible freshwater fish in Pampa river in which state? Kerala Who among the following was appointed interim chairman of the goods and services tax 215 A.B. Pandey network (GSTN) after GSTN’s first chairman Navin Kumar completed his term? 216 Who was named as the Chief Coach of the Indian Senior Men Hockey Team? Sjoerd Marijne India in September 2017 slapped countervailing duty for period of 5 years on some steel 217 China products from this country to guard domestic players. 218 Which team is at the top position in the latest ICC Test rankings? India 219 In which district of Gujarat our President Mr. Ram Nath Kovind, laid the foundation for Rajkot

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IBS Quest Link-4 pipeline canal of SAUNI Scheme? When was South Africa invited to join by BRIC and expanded to include 5 countries with 220 2010 changed acronym of BRICS? Amritpal Singh becomes first Indian to sign up for which country’s National Basketball 221 Australia League? 222 Which country’s Vice President resigned amid allegations of credit-card graft? Uruguay 223 In which state of India GST council meet will be held? Hyderabad 224 Who has won the US Open women’s singles title? Which two Indian naval ships had been departed for deployment to East and South-East INS Satpura and INS 225 Asia? Kadmatt How many medals India bagged in total at Commonwealth Weightlifting Championship 226 37 2017? The new HQs building of Bureau of Police Research and Development had been inaugurated 227 Rajnath Singh by which cabinet minister? 228 India won the 2nd SABA U-16 Championship by defeating which country ? Bangladesh 229 First national Canine Seminar organized by NSG at which state of India? Haryana 230 Recently, India successfully test fired which anti tank guided missile? Nag 231 FAME India has been extended upto how many months by Govt. of India? 6 months 232 Recently, Which country has suspended talks with Qatar? Saudi Arabia 233 Which council has undertaken research work on agriculture with World Bank Fund? ICAR 234 Who won the men’s singles title of US Open? Rafael Nadal 235 Which country topped the medal tally at the Moscow Shotgun World Championships? Italy Netaji Subhas Chandra 236 Which Indian Leader unveiled at Naval base in Kolkata recently? Bose 237 Which state would be providing skill development training to 30000 surrendered militants? Assam Bharat Petroleum 238 Which organization was set to get Maharatna status? Corporation Limited 239 Vice President laid the foundation stone or smart city project in which part of Jharkhand? Ranchi 240 With Which country India sign four pacts in areas of health and transport? Afghanistan Chan Yung-Jan and 241 Who won the 2017 US Open Women’s Doubles title? 242 Which union Minister Flags off Women’s Circumnavigation Expedition recently? Smt Nirmala Sitharaman 243 North-East calling festival has inaugurated by MoS Jitendra Singh in which state? New Delhi 244 Name of the state in India leads in new tax registration under GST regime? West Bengal 245 Under what scheme Government of India has planned to enroll 80 lakh kids? School chalo Abhiyan 246 Who is awarded with badminton’s first lifetime award recently? Prakash Padukone Who shared a picture of his space exploration startup SpaceX’s first full-body spacesuit in 247 Elon Musk Instagram? 248 What is the new age limit of National Pension Scheme Upper Age? 65 years 249 Himalayan Day is being observed on which date across Uttarakhand? 9 September 250 International Day for South-South Cooperation was observed globally on? 12 September

<< 80 >> | IBS QUEST | DECEMBER, 2017