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Q:

SAARC Development Fund Headquarters are located in which country?

A) Kathmandu, Nepal B) Islamabad, Pakistan
C) Thimpu, Bhutan D) New Delhi, India
 
Answer & Explanation Answer: C) Thimpu, Bhutan

Explanation:

SAARC Development Fund Headquarters are located in Thimpu, Bhutan. SAARC Development Fund (SDF), the umbrella financial institution for projects in SAARC member countries. SDF has been established
(i) to promote the welfare of the people of SAARC region,
(ii) to improve their quality of life and

(iii) toaccelerate economic growth, social progress and poverty alleviation in the region. The Fund is to serve as the umbrella financial institution for SAARC projects and programmes and is aimed to contribute to regional cooperation and integration through project collaboration.

 

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Filed Under: World Organisations
Exam Prep: Bank Exams

Q:

Bhumi Pednekar bagged the best actress at Dada Saheb Phalke award ceremony for which movie?

A) Toilet Ek Prem Katha B) Rustom
C) Dum Laga ke Haisha D) Lust Stories
 
Answer & Explanation Answer: A) Toilet Ek Prem Katha

Explanation:

Bhumi Pednekar bagged the best actress at Dada Saheb Phalke award ceremony for Toilet Ek Prem Katha.

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

Q:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?

A) Chit Funds B) Shell companies
C) Nidhi Companies D) Indigenous Bankers
 
Answer & Explanation Answer: B) Shell companies

Explanation:

A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

The two day ‘Kabir Mahotsav’ in UP organized by which ministry?

A) Ministry of Tribal Affaris B) Ministry of Culture
C) Ministry of Human Resource Development D) Ministry of Home Affairs
 
Answer & Explanation Answer: B) Ministry of Culture

Explanation:

The two day ‘Kabir Mahotsav’ in UP organized by Ministry of Culture.

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Filed Under: Indian Culture
Exam Prep: Bank Exams

Q:

The Victorian and Art Deco Ensembles inscribed as UNESCO World Heritage Sites. The Victorian Gothic and Art Deco is situated in which city?

A) Mumbai B) Pune
C) Bengaluru D) Hyderabad
 
Answer & Explanation Answer: A) Mumbai

Explanation:

The Victorian Gothic and Art Deco is situated in Mumbai.
India gets its 37th WORLD UNESCO World HERITAGE SITE. Victorian Gothic and Art Deco Ensemble of Mumbai declared as a World Heritage Property by UNESCO. This makes Mumbai city the second city in India after Ahmedabad to be inscribed on the World Heritage List. In the past 5 years alone, India has managed to get inscribed seven of its properties/sites on the World Heritage List of UNESCO. India now has overall 37 World Heritage Inscriptions with 29 Cultural, 07 Natural and 01 Mixed sites. While India stands second largest in number after China

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Filed Under: World History
Exam Prep: Bank Exams

Q:

Which institute launches Bharat Inclusive Initiative?

A) IIT Bombay B) IIM Ahmedabad
C) IIT Kharagpur D) IIM Calcutta
 
Answer & Explanation Answer: B) IIM Ahmedabad

Explanation:

IIM Ahmedabad launches Bharat Inclusive Initiative.
IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched a Bharat Inclusion Initiative to build knowledge and foster innovation and entrepreneurial activity across areas such as financial inclusion, livelihood, education and
health. Centre for Innovation Incubation and Entrepreneurship (CIIE) at IIM Ahmedabad helps entrepreneurs turn ideas into viable businesses.

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to which timeline?

A) March, 2021 B) March, 2019
C) March, 2022 D) March, 2020
 
Answer & Explanation Answer: D) March, 2020

Explanation:

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The Communications Compatibility and Security Agreement dialogue between foreign and defence ministers of India and US scheduled to be held in which of the following venues?

A) New Delhi B) Mumbai
C) Washington D) Geneva
 
Answer & Explanation Answer: C) Washington

Explanation:

The Communications Compatibility and Security Agreement dialogue between foreign and defence ministers of India and US scheduled to be held in Washington.

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Filed Under: Indian Politics
Exam Prep: Bank Exams