“20-20” General Awareness | Crack South Indian Bank 2018 Day-24

1.Answer: A

Prof. Muhammad Yunus, the Nobel laureate and noted economist, has been conferred with the 11th KISS Humanitarian Award 2018 for his unwavering commitment to eradicate global poverty and foster economic and social development. He is the founder of the Grameen Bank in Bangladesh and is widely known as the Father of Microfinance.

2. Answer: B

The Insurance Regulatory and Development Authority of India (IRDA) has released the list of Cross Border Reinsurers (CBR) for the year 2018-19. On the basis of the submissions and recommendations made by reinsurers, the authority had granted special approval for the 16 CBRs. According to guidelines on cross-border insurers issued by IRDAI, CBR refers to those reinsurers who do not have any physical presence in India and do reinsurance business with Indian insurance/reinsurance companies.

3. Answer: C

India has surpassed France to become one of the world’s five largest military spenders, according to Swedish arms watchdog SIPRI.

4. Answer: B

Kottayam Pushpanath (80), the renowned Malayalam detective novelist, has passed away in Kottayam, Kerala. He expanded the world of horror fiction in Malayalam literature and wrote over 100 detective and horror novels in Malayalam.

5. Answer: B

SEBI has asked listed companies to split the post of Chairman and Managing Director by April 2020. It has also made it compulsory for them to have six independent directors on board, including a women director. For implementation of changes with regard to split of CMD post, SEBI has set a deadline of April 1, 2020. The deadline for independent directors and other rules is April 1, 2019.

6. Answer: A

The Union Cabinet has approved a proposal for the promulgation of the Fugitive Economic Offenders Ordinance 2018. The ordinance will apply to willful bank loan defaulters with outstanding of over Rs 100 crore among others. The provisions of the ordinance will apply for economic offenders who refuse to return, persons against whom an arrest warrant has been issued for a scheduled offence as well as wilful bank loan defaulters.

7. Answer: B

King Mswati III of Swaziland, who is the Africa’s last absolute monarchy, has officially changed the name of his country to the ‘Kingdom of eSwatini’ to mark 50 years since independence from British rule. Meaning “Land of the Swazis”, eSwatini is the Swazi language name for the tiny state landlocked between South Africa and Mozambique.

8. Answer: D

Tata Consultancy Services (TCS) has created history by becoming the first listed Indian IT company to hit the $100 billion market capitalization (m-cap) mark. The market capitalization is the value of a company that is traded on the stock market, calculated by multiplying the total number of shares by the present share price.

9. Answer: D

The 10th edition of a biennial exhibition of weapons and military hardware “DefExpo India- 2018” was held at Tiruvidanthal, Kancheepuram in Tamil Nadu. The theme of the expo is “India: The Emerging Defence Manufacturing Hub”, which will showcase the strengths of India’s defence public sector and uncover the country’s growing private industry.

10. Answer: D

The Cabinet Committee on Economic Affairs on Saturday approved a restructured Rashtriya Gram Swaraj Abhiyan (RGSA) scheme aimed at making rural local bodies self-sustainable, financially stable and more efficient.  The Scheme will be implemented during the period from 01.04.2018 to 31.03.2022 at the total cost of Rs. 7255.50 crore with the Central Share of Rs. 4500 crore and that of State Share of Rs. 2755.50 crore.

11. Answer: E

New Delhi is the headquarters of India Post Payments Bank (IPPB).

12. Answer: A

Smart way to bank is the tagline of Karur Vysya Bank

13. Answer: C

Airtel Payments Bank appoints Anubrata Biswas as MD, CEO.

14. Answer: A

Cash Reserve Ratio (CRR) is a certain minimum amount of deposit that the commercial banks have to hold as reserves with the central bank.

15. Answer: D

BBPS stands for Bharat Bill Payment System.

16.Answer: B

Hemis National Park is a high altitude national park in the eastern Ladakh region of the state of Jammu and Kashmir

17. Answer: C

The headquarters of International Maritime Organization located in London, UK

18. Answer: E

The Ranapratap Sagar Dam is a gravity masonry dam of 53.8 metres height built on the Chambal River at Rawatbhata in Rajasthan

19. Answer: A

The Vyas Samman is a literary award in India, first awarded in 1991.

20. Answer: D

Kuno Wildlife Sanctuary, also called Palpur-Kuno Wildlife Sanctuary and Kuno-Palpur, lies in the Sheopur district of north western Madhya Pradesh

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