Q1.Which interface has been launched by National Payments Corporation of India (NPCI) for next-generation mobile banking?
Answer : Option BExplaination / Solution:
The National Payments Corporation of India (NPCI) has launched “Unified Payments Interface (UPI)”, which will leverage trends such as increasing smart phone adoption and deeper penetration of mobile data.
The UPI is a new payment method that powers multiple bank accounts into a single mobile application (of any bank) of a participating bank,merging several banking features, seamless fund routing and merchant payments into one hood.
Q2.Recently, the government has slashed interest rates on loans from the National Small Savings Fund (NSSF) to ____ from 9.5 per cent for FY17.
Answer : Option BExplaination / Solution:
The government has slashed interest rates on loans from the National Small Savings Fund (NSSF) to 8.8 per cent from 9.5 per cent for FY17.
Q3.The difference between the outflow and inflow of foreign currency is known as ______.
Answer : Option BExplaination / Solution:
Current Account Deficit is the measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services it exports. The current account also includes net income, such as interest and dividends, as well as transfers, such as foreign aid, though these components tend to make up a smaller percentage of the current account than exports and imports.
Q4.Who among the following has chosen as the flag bearer of the Indian contingent at the Rio Games’ opening ceremony?
Answer : Option BExplaination / Solution:
Olympic champion shooter Abhinav Bindra (33-year) has chosen as the flag bearer of the Indian contingent at the Rio Games’ opening ceremony on August 5.
Q6.Who is the author of the book “The Unseen Indira Gandhi”?
Answer : Option CExplaination / Solution:
The book “The Unseen Indira Gandhi” has been authored by Dr. KP Mathur, who was the personal physician of former Prime Minister Indira Gandhi for nearly 20 years till her assassination in 1984.
Q9.Who has won the prestigious 2016 International Dublin Literary Award for his novel ‘family life'?
Answer : Option DExplaination / Solution:
An Indian American author Mr. Akhil Sharma has won the prestigious 2016 International Dublin Literary Award for his novel ‘family life‘.
Q10.Who was the first Indian to win the Mr. Universe title who died recently in Kolkata?
Answer : Option AExplaination / Solution:
India’s first Mr. Universe Manohar Aich (104-year) passed away in Kolkata.He was once a household name in Bengal after becoming India’s first Mr. Universe in 1952.
Total Question/Mark :
Scored Mark :
Mark for Correct Answer : 1
Mark for Wrong Answer : -0.5
Mark for Left Answer : 0