Current Affairs for NIACL AO Main Exam: 31st January 2019 |

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Current Affairs for NIACL AO Main 2018-19:

The General Awareness Section of Banking Exams covers numerous sections in it like Banking Awareness, Static GK, and Current Affairs. Most of the questions in GA appear from Current Affairs section. So it becomes important for you all to cover this particular section with sincerity and seriousness. The questions on Static and Banking Awareness are related to the countries, events or anything that has been in news for a while. Knowledge of current news also helps you deal with the PI (Personal Interview) more efficiently so you do not give a mumble jumble answer to the interviewee’s simple questions. Here is a quiz on Current Affairs to let you assess your Current Affairs Knowledge.

Q1. Transparency International has released the Global Corruption Index 2018. India rose by 3 points to __________ in the list of 180 countries in the world with a score of 41.

Solution:

Transparency International has released the Global Corruption Index 2018. India rose by 3 points to 78 in the list of 180 countries in the world with a score of 41. China lagged far behind at 87 and Pakistan ranked 117. The top countries on the list are Denmark and New Zealand, with scores of 88 and 87. Somalia, Syria and South Sudan remained at the bottom, with scores of 10, 13 and 13.

Q2. Which country has been ranked in Bloomberg’s 2019 list of most innovative countries in the world– 2019 Bloomberg Innovation Index for the first time ever?

Uganda

Sri Lanka

Pakistan

China

India

Solution:

India has been ranked in Bloomberg’s 2019 list of most innovative countries in the world – 2019 Bloomberg Innovation Index – for the first time ever. India has grabbed the 54th spot with a score of 47.93 out of 100 in the Innovation Index of 60 economies. South Korea has topped the Index for the sixth time in a row with a total score of 87.38, followed by Germany and Finland.

Q3. Who has won the round-the-world yacht race after 212 days alone at sea without modern instruments recently?

Jean-Luc Van Den Heede

Maud Fontenoy

Olivier de Kersauson

Francis Lapp

Franck Cammas

Solution:

French sailor Jean-Luc Van Den Heede has won the round-the-world yacht race after 212 days alone at sea without modern instruments. The 73-year-old, who completed his sixth circumnavigation of the globe, became the oldest to complete the 30,000-mile Golden Globe race. Of the 19 sailors who started out in July 2018, only 5 were still in the race.

Q4. The Reserve Bank of India has stated that it will inject Rs ___________________ crore into the system through the purchase of government securities in February to increase liquidity.

Rs 67,500 crore

Rs 57,500 crore

Rs 27,500 crore

Rs 37,500 crore

Rs 47,500 crore

Solution:

The Reserve Bank of India has stated that it will inject Rs 37,500 crore into the system through the purchase of government securities in February to increase liquidity.

Q5. In commemoration of the 150th Birth Anniversary of Mahatma Gandhi, Prime Minister of India Narendra Modi dedicated grand and iconic ‘National Salt Satyagraha Memorial’ constructed by the Central Public Works Department at-

Varanasi, Uttar Pradesh

Kolkata, West Bengal

Dandi, Gujarat

Champaran, Bihar

Azmer, Rajasthan

Solution:

In commemoration of the 150th Birth Anniversary of Mahatma Gandhi, Prime Minister of India Narendra Modi dedicated grand and iconic ‘National Salt Satyagraha Memorial’ constructed by the Central Public Works Department at Dandi, Gujarat to the Nation.

Q6. __________________ and Government of India launched Artisan Speak at Elephanta Caves (UNESCO heritage site) to strengthen the handlooms and textiles sector of India.

Ministry of Textiles

Ministry of Skill Development and Entrepreneurship

Ministry of Parliamentary Affairs

Ministry of Human Resource Development

Ministry of Consumer Affairs, Food and Public Distribution

Solution:

Ministry of Textiles and Government of India launched Artisan Speak at Elephanta Caves (UNESCO heritage site) to strengthen the handlooms and textiles sector of India. The event has been held to showcase the GI Textiles of India, through a confluence of fashion, music, and dance.

Q7. The Civil Aviation ministry launched the country’s first Geographical Indication (GI) store at Dabolim International Airport in-

Mumbai

Goa

New Delhi

Patna

Bengaluru

Solution:

The Civil Aviation ministry launched the country’s first Geographical Indication (GI) store at Dabolim International Airport in Goa. Union Minister for Civil Aviation Suresh Prabhu stated that the GI stores will promote local products made by the artisans and handicrafts at the airport. The store is set up by Airports Authority of India in partnership with The Cashew Export Promotional Council of India.

Q8. Which organisation has notified three new committees on Finance, Investment and Audit Committee (FIAC), the Pension and EDLI Implementation Committee (PEIC) and the Exempted Establishments’ Committee (EEC)?

NABARD

RBI

EPFO

IRDAI

SEBI

Solution:

Employees’ Provident Fund Organisation has notified three new committees on Finance, Investment and Audit Committee (FIAC), the Pension and EDLI Implementation Committee (PEIC) and the Exempted Establishments’ Committee (EEC). All the 3 committees will continue to have central government representatives as well as 2 representatives each of the employers and the employees and domain experts.

Q9. Which Airport has retained its position as the world’s busiest airport for international customer numbers for the fifth consecutive year with annual traffic for 2018?

London City Airport

Kennedy International Airport

Indira Gandhi International Airport

Dubai International Airport

Beijing Capital International Airport

Solution:

Dubai International Airport (DXB) retained its position as the world’s busiest airport for international customer numbers for the fifth consecutive year with annual traffic for 2018 with Indian travellers emerging as the largest source of traffic for the airport which registered a record footfall of over 89 million.

Q10. KJ Alphons, Union Minister for Tourism has inaugurated the first project under the Swadesh Darshan Project of the Union Ministry of Tourism at-

Kohima, Nagaland

Aizawl, Mizoram

Agartala, Tripura

Dispur, Assam

Gangtok, Sikkim

Solution:

K.J. Alphons, Union Minister for Tourism has inaugurated the first project under the Swadesh Darshan Project of the Union Ministry of Tourism at the Zero Point, Gangtok, Sikkim. This project was sanctioned by the Ministry of Tourism in June 2015 for Rs. 98.05 crores.

Q11. Uttar Pradesh state cabinet has approved construction of a four-lane Ganga Expressway connecting Prayagraj to Western Utter Pradesh which would cost about ___________________ crore rupees.

Rs 60,000 crore rupees

Rs 48,000 crore rupees

Rs 36,000 crore rupees

Rs 24,000 crore rupees

Rs 50,000 crore rupees

Solution:

Uttar Pradesh state cabinet has approved construction of a four-lane Ganga Expressway connecting Prayagraj to Western Utter Pradesh which would cost about 36,000 crore rupees. Chief Minister Yogi Adityanath stated that this expressway will provide better connectivity to Prayagraj. Ganga Expressway will be 600 kilometres long and can be expanded to six-lane in future. Chief Minister also stated that after completion it would be longest in the world.

Q12. Which organisation has launched the National Agricultural Higher Education Project (NAHEP) to attract talent and strengthen higher agricultural education in the country?

ICAR

RBI

NABARD

IRDAI

SEBI

Solution:

Indian Council of Agricultural Research (ICAR) has launched the National Agricultural Higher Education Project (NAHEP) to attract talent and strengthen higher agricultural education in the country. It is inaugurated at the fourth Convention of 2-day “Agrivision-2019” organized by Vidyarthi Kalyan Nyas in Pusa, New Delhi.

Q13. Who has been appointed as the part-time chairman of Kerala based private sector lender Federal Bank recently?

Ananth Narayanan

Prabhat Singh

Ravneet Gill

Poonam Khetrapal

Dilip Sadarangani

Solution:

Kerala based private sector lender Federal Bank has appointed Dilip Sadarangani as the part-time chairman. The appointment of Sadarangani, who has been on the bank’s board since 2013, has been cleared by the Reserve Bank.

Q14. Reserve Bank of India has released a data on “Census on Foreign Liabilities and Assets of Indian Direct Investment Companies, 2017-18” which shows that the Foreign Direct Investment (FDI) has increased _____________ to Rs. 28.25 lakh crore in FY18.

14%

18%

16%

20%

25%

Solution:

Reserve Bank of India has released a data on “Census on Foreign Liabilities and Assets of Indian Direct Investment Companies, 2017-18” which shows that the Foreign Direct Investment (FDI) has increased 18% to Rs. 28.25 lakh crore in FY18. FDI increased by Rs 4,33,300 crore, including revaluation of past investments, during 2017-18 to reach Rs 28,24,600 crore in March 2018 at market value. Overseas direct investment (ODI) by Indian companies increased by 5% to Rs 5.28 lakh crore.

Q15. Which country has continued to be the largest source of FDI in India (19.7%) followed by the US and UK according to RBI?

Germany

Singapore

Japan

Mauritius

Netherlands

Solution:

Reserve Bank of India has released a data on “Census on Foreign Liabilities and Assets of Indian Direct Investment Companies, 2017-18” which shows that the Foreign Direct Investment (FDI) has increased 18% to Rs. 28.25 lakh crore in FY18. The census showed that Mauritius continued to be the largest source of FDI in India (19.7%) followed by the US and UK. In case of overseas investment by Indian companies, Singapore (17.5%) was the major destination, followed by the Netherlands and Mauritius.

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