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Q:

Union Minister of Railways Shri Suresh Prabhakar Prabhu released the book titled “Indian Railway- The weaving of a National Tapestry” jointly authored by Sanjay Chadha, Vidya Krishnamurthi and ___?

A) Andy Marino B) Sreedharan
C) Rakesh Mohan D) Bibek Debroy
 
Answer & Explanation Answer: D) Bibek Debroy

Explanation:
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Filed Under: Books and Authors
Exam Prep: Bank Exams

Q:

Govt launched 'PowerTex India' in April 2017 - a scheme for _____?

A) Electricity Consumption B) Income Tax sector
C) Powerloom sector D) Water Grid sector
 
Answer & Explanation Answer: C) Powerloom sector

Explanation:

The Government has launched PowerTex India, a comprehensive scheme for powerloom sector development, simultaneously at over 45 locations in the country.

 

Launching the scheme in Bhiwandi, Thane district, Maharashtra, the Union Textiles Minister, Smt. Smriti Zubin Irani said that Bhiwandi will be known for resurgence in Powerloom sector. Recalling that the powerloom sector alone employs over 44 lakh people, the Minister said that the scheme will especially benefit small powerloom weavers.

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Q:

If 6 (P's Capital ) = 8 ( Q's Capital ) = 12 ( R's Capital ) , then out of the total profit of Rs 4650 , R will receive ?

A) Rs. 1033.33 B) Rs. 1024
C) Rs. 1148.14 D) Rs. 1245.32
 
Answer & Explanation Answer: A) Rs. 1033.33

Explanation:

Let
P's capital = p,
Q's capital = q and
R's capital = r.
Then

6p = 8q = 12r
=> 3p = 4q = 6r
=>q = 3p/4
r = 3p/6 = p/2
P : Q : R = p : 3p/4 : p/2
= 4 : 3 : 2
R's share = 4650 * (2/9) = 150*6 = Rs. 1033.33.

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

Q:

The U-shaped skyscraper ‘The Big Bend’ will be build in which city ?

A) New York B) Florida
C) Texas D) California
 
Answer & Explanation Answer: A) New York

Explanation:

The design plans for the U-shaped skyscraper ‘The Big Bend’ in New York, hailed as the world’s longest building, have been revealed. The 4,000-foot long building will feature an elevator system that can travel in curves, horizontally and in loops.

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Q:

P.V. Sindhu defeated which player in the finals to win her maiden India Open Super Series title on 2 April 2017 ?

A) Wang Yihan B) Greysia Polii
C) Sung Ji-Hyun D) Carolina Marin
 
Answer & Explanation Answer: D) Carolina Marin

Explanation:

India’s P.V. Sindhu avenged her Rio Olympic final defeat to Spain’s Carolina Marin in an emphatic style with a straight game 21-19, 21-16 win in the women’s singles final of India Open Super Series at a packed Siri Fort Sports Complex on 2 April 2017.

– It is worth mentioning that Sindhu had lost to Marin the Rio Olympic women’s singles final. But she avenged her Olympic final defeat to Marin in an imperious fashion with a straight game. This was Sindhu’s first India Open Super Series title.

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Filed Under: Sports
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Q:

What is the name of the scheme for providing physical aids and assisted-living devices for senior citizens belonging to BPL category that was launched in Andhra Pradesh’s Nellore district on 1 April 2017? 

A) Sarkari Yojana B) Yantra Laxmi
C) Rashtriya Vayoshri Yojana D) Vayovrudh Yojana
 
Answer & Explanation Answer: C) Rashtriya Vayoshri Yojana

Explanation:

“Rashtriya Vayoshri Yojana” was launched by the Ministry for Social Justice and Empowerment on 1 April 2017 at Nellore (Andhra Pradesh). Under the scheme, physical aids and assisted-living devices for senior citizens were distributed to senior citizens belonging to below poverty line (BPL) category.

– The scheme has been implemented through the sole implementing agency – Artificial Limbs Manufacturing Corporation (ALIMCO), a public sector undertaking. The aids to be distributed under the “Rashtriya Vayoshri Yojana” scheme include walking sticks, elbow crutches, walkers, tripods / quadpods, hearing aids, artificial dentures and spectacles.

– The ambitious scheme, first of its kind in the country, is expected to benefit 5,20,000 Senior citizens over a period of the 3 years.

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Q:

Which 6 banking entities of India became history on 1 April 2017 as they were merged with State Bank of India ?

Answer

Five associate banks of SBI – State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), besides Bharatiya Mahila Bank (BMB) became part of the State Bank of India (SBI) on 1 April 2017. This merger catapulted SBI to among the top 50 banks in the world.


– With this six-way mega merger, the merged entity (SBI) will have a deposit base of more than Rs. 26 lakh crore and advances level of Rs. 18.50 lakh crore. It will have a total customer base of 37 crore with a branch network of around 24,000 and nearly 59,000 ATMs across the country.


– The government had in February 2017 approved the merger of these five associate banks with SBI. Later in March 2017, the Cabinet approved merger of BMB as well.


– SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.

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Subject: General Awareness Exam Prep: Bank Exams , CAT
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Q:

From April 1, 2017 Interest rates on small savings deposits including PPF cut by

A) 0.5% B) 0.4%
C) 0.2% D) 0.1%
 
Answer & Explanation Answer: D) 0.1%

Explanation:
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