Q.(1) In which state of India Silent valley national park is situated ?
Ans: Kerala ( Nilgiri hills, Pallakad district)
Q.(2) IIT Kharagpur collaborated with British geological survey to turn which city of India into smart city?
Ans: Varanasi
Q.(3) Which state topped in the list of public affairs index 2017?
Ans. Kerala
MORE KNOWLEDGE: 2nd Position - Tamil Nadu
Q.(4) Who won the Hungarian Grand Prix Tournament 2017?
Ans: Sebastian Vettel
MORE KNOWLEDGE: It was a formula one(F1) race that took place on 30 July 2017 in Hungary.
Q.(5) What is Consortium Financing ?
Q.(6) Rajya Sabha Elections in which state will see None Of The Above (NOTA) option available for the first time in the country?
A) Uttar Pradesh
B) Maharashtra
C) Gujarat
D) Karnataka
Answer: C(Gujarat)
Explanation:The MLAs, who would cast vote in the August 8 Rajya Sabha election in Gujarat, will have the option of NOTA.
Q.(7) Where will a two day Conclave of Tax Officers entitled ‘Rajaswa Gyansangam’ be held?
A) Bengaluru
B) New Delhi
C) Hyderabad
D) Bhubaneswar
Answer : B(New Delhi)
Explanation:A two day Conclave of Tax Officers entitled ‘Rajaswa Gyansangam’ will be held on 1st and 2nd September, 2017 at Vigyan Bhawan in New Delhi.
Q.(8) Effective from which date, medical devices will have to mandatorily carry Maximum Retail Price (MRP) on packages?
A) September 1, 2017
B) January 1, 2018
C) December 1, 2017
D) April 1, 2018
Answer: (B) January 1, 2018)
Explanation: The government has informed Parliament that medical devices will have to mandatorily carry Maximum Retail Price (MRP) on packages from January 1, 2018.
Q.(9) Reliance Industries Chairman Mukesh Ambani has surpassed _______ Li Ka-Shing to become Asia’s second-richest person.
A) Hong Kong’s
B) China’s
C) Japan’s
D) Taiwan’s
Answer:(A) Hong Kong’s)
Explanation: Reliance Industries Chairman Mukesh Ambani has surpassed Hong Kong’s Li Ka-Shing to become Asia’s second-richest person with a $35.2 billion (Rs2.25 lacs crore) fortune, as per Bloomberg. Ambani added $12.5 billion (Rs 80,000 crore) to his wealth this year, as Reliance shares surged.
Q.(10) Which of the following has acquired an Artificial Intelligence (AI) startup Ozlo that specialises in understanding text-based conversations?
A) LinkedIn
B) Microsoft
C) Facebook
D) Google
Answer: C(Facebook)
Explanation: To build out a more elaborate personal assistant for the Messenger users, Facebook has acquired an artificial intelligence (AI) startup Ozlo that specialises in understanding text-based conversations.
Q.(11) Airtel Payments Bank has partnered with which of the following where later will act as banking points for Airtel Payments Bank?
A) Indian Oil Corporation
B) Oil and Natural Gas Corporation
C) Gujarat State Petroleum Corporation
D) Hindustan Petroleum Corporation Limited
Answer: (D) Hindustan Petroleum Corporation Limited
Explanation: Airtel Payments Bank has partnered with Hindustan Petroleum Corporation Limited (HPCL), to give further boost to digital payments in the country and to add to customer convenience.
Q.(12) Under the chairmanship of whom, the Securities and Exchange Board of India (SEBI) has set up a committee “on fair market conduct”?
A) Shreyas Iyer
B) K. Viswanathan
C) Venkata Swami
D) Subramaniya Siva
Answer: B(K. Viswanathan)
Explanation: The panel will work under the chairmanship of former Lok Sabha Secretary General and former Law Secretary K. Viswanathan.
Q.(13) The price of subsidised cooking gas (LPG) will be raised how much per month to eliminate all the subsidies by March next year?
A) Rs. 2
B) Rs. 4
C) Rs . 5
D) Rs. 6
Answer: (B) Rs. 4
Explanation:The government has ordered state-run oil companies to raise subsidised cooking gas (LPG) prices by Rs 4 per cylinder every month to eliminate all the subsidies by March next year.
Q.(14) Which of the following e-commerce companies has been merged with E-commerce major Flipkart ?
A) eBay
B) Snapdeal
C) Jabong
D) Myntra
Answer: (A) eBay
Explanation: E-commerce major Flipkart and Global Technology Major eBay have successfully concluded the merger transaction, thus roping in the latter under the Flipkart Group Company, effective immediately.
Q.(15) Who has been appointed as the new Chairman of Bombay Stock Exchange (BSE)?
A) Mukesh Pradhan
B) Bikram Verma
C) Sanjaya Baru
D) Dhirendra Swarup
Answer: D(Dhirendra Swarup)
Explanation: Dhirendra Swarup, who was functioning in the capacity of a Public Interest Director with BSE, replaces incumbent Sudhakar Rao, retired IAS officer.
Ans: Kerala ( Nilgiri hills, Pallakad district)
Q.(2) IIT Kharagpur collaborated with British geological survey to turn which city of India into smart city?
Ans: Varanasi
Q.(3) Which state topped in the list of public affairs index 2017?
Ans. Kerala
MORE KNOWLEDGE: 2nd Position - Tamil Nadu
Q.(4) Who won the Hungarian Grand Prix Tournament 2017?
Ans: Sebastian Vettel
MORE KNOWLEDGE: It was a formula one(F1) race that took place on 30 July 2017 in Hungary.
Q.(5) What is Consortium Financing ?
Ans: Consortium Financing (Multiple Banking) is an arrangement where a borrower avails of finance Independently from more than one bank.
Under Consortium Financing , several banks ( or financial institutions ) finance a borrower with common documentation , Joint supervision and Follow-up exercises.Q.(6) Rajya Sabha Elections in which state will see None Of The Above (NOTA) option available for the first time in the country?
A) Uttar Pradesh
B) Maharashtra
C) Gujarat
D) Karnataka
Answer: C(Gujarat)
Explanation:The MLAs, who would cast vote in the August 8 Rajya Sabha election in Gujarat, will have the option of NOTA.
Q.(7) Where will a two day Conclave of Tax Officers entitled ‘Rajaswa Gyansangam’ be held?
A) Bengaluru
B) New Delhi
C) Hyderabad
D) Bhubaneswar
Answer : B(New Delhi)
Explanation:A two day Conclave of Tax Officers entitled ‘Rajaswa Gyansangam’ will be held on 1st and 2nd September, 2017 at Vigyan Bhawan in New Delhi.
Q.(8) Effective from which date, medical devices will have to mandatorily carry Maximum Retail Price (MRP) on packages?
A) September 1, 2017
B) January 1, 2018
C) December 1, 2017
D) April 1, 2018
Answer: (B) January 1, 2018)
Explanation: The government has informed Parliament that medical devices will have to mandatorily carry Maximum Retail Price (MRP) on packages from January 1, 2018.
Q.(9) Reliance Industries Chairman Mukesh Ambani has surpassed _______ Li Ka-Shing to become Asia’s second-richest person.
A) Hong Kong’s
B) China’s
C) Japan’s
D) Taiwan’s
Answer:(A) Hong Kong’s)
Explanation: Reliance Industries Chairman Mukesh Ambani has surpassed Hong Kong’s Li Ka-Shing to become Asia’s second-richest person with a $35.2 billion (Rs2.25 lacs crore) fortune, as per Bloomberg. Ambani added $12.5 billion (Rs 80,000 crore) to his wealth this year, as Reliance shares surged.
Q.(10) Which of the following has acquired an Artificial Intelligence (AI) startup Ozlo that specialises in understanding text-based conversations?
A) LinkedIn
B) Microsoft
C) Facebook
D) Google
Answer: C(Facebook)
Explanation: To build out a more elaborate personal assistant for the Messenger users, Facebook has acquired an artificial intelligence (AI) startup Ozlo that specialises in understanding text-based conversations.
Q.(11) Airtel Payments Bank has partnered with which of the following where later will act as banking points for Airtel Payments Bank?
A) Indian Oil Corporation
B) Oil and Natural Gas Corporation
C) Gujarat State Petroleum Corporation
D) Hindustan Petroleum Corporation Limited
Answer: (D) Hindustan Petroleum Corporation Limited
Explanation: Airtel Payments Bank has partnered with Hindustan Petroleum Corporation Limited (HPCL), to give further boost to digital payments in the country and to add to customer convenience.
Q.(12) Under the chairmanship of whom, the Securities and Exchange Board of India (SEBI) has set up a committee “on fair market conduct”?
A) Shreyas Iyer
B) K. Viswanathan
C) Venkata Swami
D) Subramaniya Siva
Answer: B(K. Viswanathan)
Explanation: The panel will work under the chairmanship of former Lok Sabha Secretary General and former Law Secretary K. Viswanathan.
Q.(13) The price of subsidised cooking gas (LPG) will be raised how much per month to eliminate all the subsidies by March next year?
A) Rs. 2
B) Rs. 4
C) Rs . 5
D) Rs. 6
Answer: (B) Rs. 4
Explanation:The government has ordered state-run oil companies to raise subsidised cooking gas (LPG) prices by Rs 4 per cylinder every month to eliminate all the subsidies by March next year.
Q.(14) Which of the following e-commerce companies has been merged with E-commerce major Flipkart ?
A) eBay
B) Snapdeal
C) Jabong
D) Myntra
Answer: (A) eBay
Explanation: E-commerce major Flipkart and Global Technology Major eBay have successfully concluded the merger transaction, thus roping in the latter under the Flipkart Group Company, effective immediately.
Q.(15) Who has been appointed as the new Chairman of Bombay Stock Exchange (BSE)?
A) Mukesh Pradhan
B) Bikram Verma
C) Sanjaya Baru
D) Dhirendra Swarup
Answer: D(Dhirendra Swarup)
Explanation: Dhirendra Swarup, who was functioning in the capacity of a Public Interest Director with BSE, replaces incumbent Sudhakar Rao, retired IAS officer.
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