Q:

Who among the following is the Chairman of the Fourteenth Finance Commission?

A) C. Rangarajan	B) Vijay Kelkar
C) Y. V. Reddy	D) Rakesh Mohan

Answer & Explanation Answer: C) Y. V. Reddy

Explanation:

The 14th Finance Commission was constituted in January 2014. Commissions chairman was former RBI governor Y V Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle.

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Exam Prep: Bank Exams

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Q:

Where was Guru Nanak Dev (the originator of Sikh religion) born?

A) Amritsar	B) Anandpur Sahib
C) Talwandi	D) Patna Sahib

Answer & Explanation Answer: C) Talwandi

Explanation:

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Q:

Securities and Exchange Board of India is a

A) Quasi Judicial body	B) Regulatory Body
C) Advisory Body	D) Consititutional Body

Answer & Explanation Answer: B) Regulatory Body

Explanation:

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Q:

In 2015, which auto manufacturer manipulated emissions testing data leading to the resignation of its CEO Martin Winterkorn?

A) Volkswagen	B) Ford
C) Toyota	D) General Motors

Answer & Explanation Answer: A) Volkswagen

Explanation:

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Q:

Where is the headquarters of United Nations Conference on Trade and Development (UNCTAD) located?

A) Rome, Italy	B) Geneva, Switzerland
C) New York City, US	D) Montreal, Canada

Answer & Explanation Answer: B) Geneva, Switzerland

Explanation:

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Q:

Which one of the following is n ot an objective of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?

A) To achieve convergence ofinvestment in irrigation at the fieldlevel	B) To expand cultivable area underirrigation
C) To improve on-farm water use efficiency to reduce wastage of water	D) To protect farmers against crop failure due to natural calamities

Answer & Explanation Answer: D) To protect farmers against crop failure due to natural calamities

Explanation:

The major objective of the PMKSY is to achieve

•convergence of investments in irrigation at the field level,

•expand cultivable area under assured irrigation (Har Khet ko pani),

•improve on-farm water use efficiency to reduce wastage of water,

•enhance the adoption of precision-irrigation and other water saving technologies (More crop per drop),

•enhance recharge of aquifers and introduce sustainable water conservation practices by exploring the feasibility of reusing treated municipal based water for peri-urban agriculture and attract greater private investment in precision irrigation system.

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Q:

In January 2018, the Companies (Amendment) Act, 2017 was notified. Few provisions in the amendment Act have important bearing on the working of the______.

A) Insolvency and Bankruptcy Code (IBC), 2016	B) NABARD (amendment) Bill, 2017
C) AMASR (amendment) Bill, 2017	D) No option is correct

Answer & Explanation Answer: A) Insolvency and Bankruptcy Code (IBC), 2016

Explanation:

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Q:

Mohammed Shahid, who recently passed away, was associated with which sport?

A) Badminton	B) Hockey
C) Football	D) Cricket

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