WEEKLY CURRENT AFFAIRS QUESTION DISCUSSION – 17.09.2019 TO 22.09.2019

No. of Questions : 40 Correct : ______Full Mark : 40 Wrong : ______

Time : 20 min Mark Secured : ______

1. What is the timeline of auto reversal of transaction for a bank, when Money was deducted from customer’s bank account but cash was not withdrawnas per new guidelines of RBI? A) 1 day after failed transaction B) 5 days after failed transaction C) 7 days after failed transaction D) 15 days after failed transaction 2. Recently NeAC is in news. What does ‘A’ stand in NeAC? A) Assessment B) Account C) Adopt D) Advise 3. Which was rated as the world’s best real-time payment service as per FIS’s ‘Faster Payments Innovation Index 2019’? A) IMPS B) NEFT C) UPI D) BHIM 4. “Progress on drinking water, sanitation and hygiene: 2000-2017: Special focus on inequalities” report has been released by which organisation? A) WHO B) UNICEF C) UNESCO D)Both A & B 5. Who won the Young Scientist Award for the year 2018 for the significant work in the fields of petrology, volcanology and geochemistry? A) M.S. Dayanand B)Nandkumar Mekoth C) Annapurna Sakhardande D)Sohini Ganguly 6. Which was the venue of the NEXA International Indian Film Academy Awards (IIFA Awards) for 2019? A) Hyderabad B) C) New Delhi D) Panaji 7. Where was the sea bird named Protodontopteryxruthae, world’s oldest bird species’ discovered by the scientists from the Canterbury Museum(England)? A) Quito, Ecuador B)Waipara, New Zealand C) Lima, Peru D) Sucre, Bolivia 8. World Rhino Day is observed annually on A) September 19 B) September 20 C) September 21 D) September 22 9. Who headed the expert committee, that has recommends RBI to revise the guidelines on concurrent audit system? A)Yezdi Hirji Malegam B) T. N. Manoharan C) Kamlesh Shivji Vikamsey D) Swaminathan Gurumurthy 10. Which country has topped the report titled ‘The International Migrant Stock 2019’? A) China B) C) Mexico D) Russia 11. Which university has been conferred with ‘Institution of Eminence (IOE)’ status by the MHRD recently? A) OP Jindal Global University B) Amity University C) BML Munjal University D) Bennett University 12. CIC which was in news recently, what does ‘I’ stands for? A) Information B) Investment C) Interest D) Insurance 13. What is the total number of judges in the Supreme Court of India? A) 31 B) 34 C) 33 D) 30 14. Which organization has partnered with RBI for creating a new framework aimed at bridging the gap between the default rates divulged by rating agencies & the report computed by the RBI’s CRILC? A) SIDBI B) NCDEX C) SEBI D) IRDAI 15. President Ram Nath Kovind visited which of the following country making him the first Indian president to visit that country? A)Iceland B)Slovenia C) D)Finland 16. Which Payment bank has launched “Bharosa” savings account services? A) Airtel Payments Bank B) India Post Payments Bank C)Jio Payments Bank D) Paytm Payments Bank 17. EMS which was in news recently, what does ‘M’ stands for? A) Message B) Merchant C) Mail D) Market 18. Under which ordinance, MOF made certain amendments in the Income-tax Act 1961 and the Finance (No. B) Act 2019 & slashed tax rates? A) Corporate & Income Tax Laws (Amendment) Ordinance 2019 B) Tax Slash Laws(Amendment) Ordinance 2019 C) Tax Rates Laws (Amendment) Ordinance 2019 D) Taxation Laws (Amendment) Ordinance 2019 19. IDF was in news recently, what does ‘I’ stands for? A) Interest B) Investments C) Indians D) Infrastructure

1441, Opp. IOCL Petrol Pump, CRPF Square, Bhubaneswar-751015 1 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected]

WEEKLY CURRENT AFFAIRS QUESTION DISCUSSION – 17.09.2019 TO 22.09.2019

20. What is the increased loan limit for small exporters sanctioned by RBI in order to boost credit to the export sector? A) Rs 30 crore B) Rs 20 crore C) Rs 25 crore D) Rs 40 crore 21. Who won the 2019 UEFA women’s player of the year award? A) Jill Scott B) Toni Duggan C) Lucy Bronze D) Steph Houghton 22. Who was appointed as the new chairman of the Appellate Tribunal for Prevention of Money Laundering (PMLA) Act.? A) H. L. Dattu B) Madan Lokur C) Sunil Gaur D)JastiChelameswar 23. Where was the annual Regular Session of the IAEA General Conference held? A) Washington D.C. B) Geneva C) Canberra D) Vienna 24. Name the mascot of the Beijing Winter Olympics and Paralympics 2022? A) Athena and Phevos B) Bing DwenDwen C) Schuss D)Håkon and Kristin 25. Which dance form has created history by entering into the Guinness Book of World Records as the largest Ladakhi dance? A)Bhavai B)Dekhnni C)Chalo D)Shondol 26. ENDS was in news, what does ‘N’ stands for? A) Neodymium B) Nobelium C) Neptunium D) Nicotine 27. BBPS was in news recently what does ‘P’ stands for? A) Percentage B) Payment C) Profit D) Price 28. Asia’s first environment school will be set up in which city? A) Varanasi B) Coorg C) New Delhi D) Pune 29. Name the integrated exercise conducted by Indian army in order to test and improve its capabilities in war fighting? A)Ekuverin B)Ajeya Warrior C) Chang Thang D) Vajra Prahar 30. As per the new GST rates, how much GST is required to pay for the hotel accommodation service when it was less than or equal to Rs.1000? A) 28% B) No GST C) 18% D) 12% 31. Which Indian Business School was ranked 1st in Asia in the Forbes’ “Best International 1-Year Business Schools 2019” rankings recently? A) Indian School of Business (ISB) Hyderabad, Telangana B) Xavier School of Management Jamshedpur, Jharkhand C) Indian Institute of Management Ahmedabad, Gujarat D) Indian Institute of Management Bangalore, Karnataka 32. Where was the 1st edition of the 5 days maiden trilateral exercise SITMEX held? A) Port Blair, India B) Bukit Timah, Singapore C) New Delhi, India D) Bangkok, Thailand 33. Name the Export Credit Insurance Scheme (ECIS) launched by ECGC to ease the lending of loan to exporters? A) NIRVIK (Niryat Rin Vaigyanik Yojana) B) NIRVIK (Niryat Rin Vikash Yojana) C) NIRVIK (NiryatRashtriya Vikash Yojana) D) NIRVIK (NiryatRashtriyaVaigyanik Yojana) 34. Who was appointed as the 26th chief of air staff in the ? A) Pradeep Vasant Naik B) Rakesh Kumar Singh Bhadauria C) D) 35. What is the maximum limit for an individual to receive gifts upto which they are not required to inform the government as per the Foreign Contribution (Regulation) Act (FCRA), 2011 new amendment ? A) Rs 1 lakh B) Rs 2 lakh C) Rs 3 lakh D) Rs 5 lakh 36. What was the theme of the International Day of Peace for the year 2019? A) Together for Peace: Respect, Safety and Dignity for all B) The Sustainable Development Goals: Building Blocks for Peace C) The Right to Peace – The Universal Declaration of Human Rights at 70 D) Climate Action for Peace 37. India’s first Interdisciplinary Centre for Energy Research (ICER) setup at which of the following Institution? A) Indian Institute of Technology Guwahati B) Indian Institute of Technology Kanpur C) Indian Institute of Science- Bengaluru D) Indian Institute of Technology- Delhi 38. PoshanMaah focuses on five critical components for the year 2019, which of the following is not among them? A) First 1000 days of the Child B) Anaemia C) Malaria D) Hand Wash and Sanitation 39. What is the GDP of India for the year 2019 as per OECD? A) 6.1% B) 5.9% C) 5.7% D) 6.2% 40. Until which date, government asked banks not to declare stressed loans of MSMEs as NPA? A) December 31, 2019 B) March 31, 2020 C) January 31, 2020 D) April 30, 2020

1441, Opp. IOCL Petrol Pump, CRPF Square, Bhubaneswar-751015 2 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected]

WEEKLY CURRENT AFFAIRS QUESTION DISCUSSION – 17.09.2019 TO 22.09.2019

ANSWER KEYS 1 B 21 C 2 A 22 C 3 A 23 D 4 D 24 B 5 D 25 D 6 B 26 D 7 B 27 B 8 D 28 B 9 A 29 C 10 B 30 B 11 A 31 A 12 B 32 A 13 B 33 B 14 C 34 B 15 B 35 A 16 A 36 D 17 C 37 C 18 D 38 C 19 D 39 B 20 D 40 B

1441, Opp. IOCL Petrol Pump, CRPF Square, Bhubaneswar-751015 3 Ph. : 8093556677, 9040456677, Web : www.vanik.org, E-mail : [email protected]