Current Affairs Quiz: April 29, 2020

1. Which campaign was launched by Union Minister of Human Resource Development Ramesh Pokhriyal on World Book Day?
   A)My Book My World
   B)Books and Education
   C)My Book My Soul
   D)My Book My Friend
   
   
   

   
   Option D
   Explanation: Union Minister of Human Resource Development Ramesh Pokhriyal ‘Nishank’ launched the #My Book My Friend campaign on social media on 23 April on the occasion of World Book Day.

   
   
2. Which state government launched Jeevan Shakti Yojana under which women in urban areas can earn by making masks at home?
   A)Odisha
   B)Telangana
   C)Madhya Pradesh
   D)Uttar Pradesh
   
   
   

   
   Option C
   Explanation: Madhya Pradesh Chief Minister Shivraj Singh Chauhan launched the Jeevan Shakti Yojana.

   
   
3. The exercise Pitch Black was recently cancelled by which country with India?
   A)China
   B)Australia
   C)Russia
   D) SriLanka
   
   
   

   
   Option B
   Explanation: Australia has informed India that their premier multilateral air combat training exercise Pitch Black 2020 scheduled from July 27 to August 14 has been cancelled due to the COVID-19 situation.

   
   
4. As per SIPRI report,which country has topped in the largest military spender in the world?
   A)China
   B)USA
   C)India
   D)Russia
   
   
   

   
   Option B
   Explanation: India has become the third largest military spender in the world, after the US and China, according to a Stockholm International Peace Research Institute (SIPRI) report. This is the first time that India and China are among the top three military spenders.

   
   
5. Which Company has developed a ‘contactless in-store ordering’ solution to help restaurants and eateries minimise physical contacts for menu, billing and cash transactions?
   A)PayPal
   B)PayU
   C)Freecharge
   D)Paytm
   
   
   

   
   Option D
   Explanation: Paytm said it has developed a ‘contactless in-store ordering’ solution to help restaurants and eateries minimise physical contacts for menu, billing and cash transactions after these businesses open after the lockdown.

   
   
6. How much amount of special liquidity facility for mutual funds was announced by RBI?
   A)₹25000 cr
   B)₹45000 cr
   C)₹35000 cr
   D)₹50000 cr
   
   
   

   
   Option D
   Explanation: The Reserve Bank of India on Monday provided a Rs 50,000-crore shot in the arm to stressed mutual funds by unveiling a special liquidity facility for the sector, days after Franklin Templeton Mutual Fund decided to close six debt schemes.

   
   
7. As per Crisil,At how much percent India GDP will grow in 2020-21?
   A)1.8%
   B)1.5%
   C)0.5%
   D)1.1%
   
   
   

   
   Option A
   Explanation: Domestic rating agency Crisil said nearly halved its GDP forecast for India to 1.8 per cent for 2020-21 while projecting total losses of Rs 10 lakh crore or Rs 7,000 per person due to “disastrous” lockdowns to control COVID-19 pandemic

   
   
8. Which Company tied up with Nokia to deploy Nokia’s SRAN solution across nine circles in India?
   A)Airtel
   B)Vodafone Idea
   C)BSNL
   D)Jio
   
   
   

   
   Option A
   Explanation: Bharti Airtel (Airtel) and Nokia announced a multi-year agreement to deploy Nokia’s SRAN solution across nine circles in India, helping Airtel to enhance the network capacity of its networks, in particular 4G, and improve customer experience.

   
   
9. With which company, National Skill Development Corporation has partnered to launch a digital campaign to drive awareness on the importance of precautionary measures in combating COVID 19?
   A)Microsoft
   B)Flipkart
   C)Google
   D)Amazon
   
   
   

   
   Option D
   Explanation: The National Skill Development Corporation has partnered with Amazon India to launch a digital campaign to drive awareness on the importance of precautionary measures in combating COVID 19 such as physical distancing and maintaining hygiene.

   
   
10. Recently India Ratings and Research (Ind-Ra) revised its FY21 economic growth forecast for India to how much percent?
    A)1.1%
    B)1.5%
    C)1.8%
    D)1.9%
    
    
    

    
    Option D
    Explanation: India Ratings and Research (Ind-Ra) revised its FY21 economic growth forecast for the country further down to 1.9 per cent, lowest in the last 29 years, citing the COVID-19 pandemic and the subsequent lockdown.

    
    
11. Recently who has been banned for four years by the Athletics Integrity Unit of the world governing body for testing positive for a banned substance?
    A)Shyam Agarwal
    B)Jhumpa Singh
    C)Mohammed Lehri
    D)Jhuma Khatun
    
    
    

    
    Option D
    Explanation: Middle distance runner Jhuma Khatun has been banned for four years by the Athletics Integrity Unit of the world governing body for testing positive for a banned substance in a nearly two-year-old doping case which the NDTL had failed to detect.

    
    
12. Recently whose term has been extended by RBI as part time chairman of CSB Bank?
    A)Madhavan Menon
    B)S Srinivasan
    C)Rakesh Mishra
    D)Vikas Chaturvedi
    
    
    

    
    Option A
    Explanation: CSB Bank said the Reserve Bank of India has extended the term of appointment of Madhavan Menon as the part-time Chairman of the Bank till July 21, 2020.

    
    
13. Name the ventilatior developed recently by IIT Bombay to fight against COVID 19?
    A)Agni
    B)Ruhdaar
    C)Roop
    D)Suraksha
    
    
    

    
    Option B
    Explanation: A team of engineering students from IIT Bombay, NIT Srinagar, and Islamic University of Science & Technology (IUST), Awantipora, Pulwama, Jammu, and Kashmir has come up together and developed a low-cost ventilator named ‘Ruhdaar’ using locally available material to fight against COVID19.

    
    
14. Recently which famous Odia dramatist,lyricist and screenwriter passed away?
    A)Bijay Mishra
    B)Raju Kushwaha
    C)Bimal Singh
    D)Rakesh Parijat
    
    
    

    
    Option A
    Explanation: Eminent Odia dramatist,lyricist and screenwriter Bijay Mishra died at a hospital following a prolonged illness.He was 83.

    
    
15. Recently Devanand Konwar passed away.He was related to which field?
    A)Actor
    B)Journalist
    C)Politics
    D)Dramatist
    
    
    

    
    Option C
    Explanation: Former Governor of Bihar and Tripura and veteran Congress leader Devanand Konwar died of old age ailments at his Guwahati residence. He was 86.

    
    
STATIC GK BASED ON CURRENT AFFAIRS
16. Where is the HQ of SIPRI?
    A)India
    B)Thailand
    C)Russia
    D)Sweden
    
    
    

    
    Option D
    

    
    
17. What is the capital of Australia?
    A)Paris
    B)Canberra
    C)st Petersburg
    D)Bangkok
    
    
    

    
    Option B
    

    
    

Reasoning :Data Sufficiency Set 24

Directions (1-5) : Each of the question below consists of a question and two statements numbered a and b given below it. You have to decide whether the data provided in the statements are sufficient to answer the question Who is tallest among five friends Priyanka, Queen, Risabh, Shivani and Taruna?

1. a)Shivani is taller than Risabh but just shorter than Taruna. b) Taruna is shorter than Priyanka and Queen is shorter than Taruna.
   If statements a is sufficient to answer the question, but statement b by itself is not sufficient to answer the question.
   If statement b by itself is sufficient to answer the question, but statement a alone is not sufficient to answer the question.
   If statement either a or b is sufficient to answer the question.
   If both the statements a and b taken together are not sufficient to answer the question.
   If both the statements a and b taken together are sufficient to answer the question.
   Option E
   
   
    



2. How is Kz related to Mz? a)Mz is Qz’s father’s only sister. b) Nz is mother Kz who is the daughter of Oz.
   If statements a is sufficient to answer the question, but statement b by itself is not sufficient to answer the question.
   If statement b by itself is sufficient to answer the question, but statement a alone is not sufficient to answer the question.
   If statement either a or b is sufficient to answer the question.
   If both the statements a and b taken together are not sufficient to answer the question.
   If both the statements a and b taken together are sufficient to answer the question.
   Option D
   
   
    



3. By using which statements, we can conclude “All H are T”. a) All H are S. No S is P. All S are T. b) All H are S. Some P are S. No P are T.
   If statements a is sufficient to answer the question, but statement b by itself is not sufficient to answer the question.
   If statement b by itself is sufficient to answer the question, but statement a alone is not sufficient to answer the question.
   If statement either a or b is sufficient to answer the question.
   If both the statements a and b taken together are not sufficient to answer the question.
   If both the statements a and b taken together are sufficient to answer the question.
   Option A
   
   
    



4. How is ‘systematic’ written in a code language? a) ‘systematic money process’ is written as ‘xm nu zx’ and ‘money would fun’ is written as ‘zx zy iz’ in that code language. b) ‘systematic icecream process’ is written as ‘xm nu zm’ in that code language
   If statements a is sufficient to answer the question, but statement b by itself is not sufficient to answer the question.
   If statement b by itself is sufficient to answer the question, but statement a alone is not sufficient to answer the question.
   If statement either a or b is sufficient to answer the question.
   If both the statements a and b taken together are not sufficient to answer the question.
   If both the statements a and b taken together are sufficient to answer the question.
   Option D
   
   
    



5. Priyanshi is towards which direction from Queen? a) Zashn is in south of Queen and west of Srikant, which is in north of Manish. b) Manish is south of Srikant and west of Priyanshi.
   If statements a is sufficient to answer the question, but statement b by itself is not sufficient to answer the question.
   If statement b by itself is sufficient to answer the question, but statement a alone is not sufficient to answer the question.
   If statement either a or b is sufficient to answer the question.
   If both the statements a and b taken together are not sufficient to answer the question.
   If both the statements a and b taken together are sufficient to answer the question.
   Option E
   
   
    
Directions (6-10) : Each of the questions below consists of a question and two statements numbered a and b. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and answer the following: How Az is related to Sz?


6. STATEMENTS: a) Mz = Rz ≥ Sz > Tz ≥ Kz ≤ Lz b)Az = Bz < Tz = Nz > Fz = Gz
   If the data in statements a alone is sufficient to answer the question while the data in statement b are not sufficient to answer the question.
   If the data in statement b alone is sufficient to answer the question while the data in statement a are not sufficient to answer the question.
   If the data in either statement a alone or statement b alone are sufficient to answer the question.
   If the data even in both statement a and statement b together are not sufficient to answer the question.
   If the data in both statement a and statement b together are necessarily to answer the question.
   Option E
   
   
    



7. How Px is related to Mx? STATEMENTS: a) Qx is daughter-in-law of Mx, who is son of Sx. b) Tx is mother in law of Px, who is son-in-law of Ux. Ux has only one grand-daughter Rx, who is daughter of Qx. Ux has only one child.
   If the data in statements a alone is sufficient to answer the question while the data in statement b are not sufficient to answer the question.
   If the data in statement b alone is sufficient to answer the question while the data in statement a are not sufficient to answer the question.
   If the data in either statement a alone or statement b alone are sufficient to answer the question.
   If the data even in both statement a and statement b together are not sufficient to answer the question.
   If the data in both statement a and statement b together are necessarily to answer the question.
   Option E
   
   
    



8. Who among Az, Bz, Cz, Dz, Ez and Fz is the shortest? STATEMENTS: a) Dz and Cz are taller than Az but both shorter than Fz. Bz is taller than Ez. b) Fz is shorter than Ez but taller than Bz and Dz. while Az is not tallest.
   If the data in statements a alone is sufficient to answer the question while the data in statement b are not sufficient to answer the question.
   If the data in statement b alone is sufficient to answer the question while the data in statement a are not sufficient to answer the question.
   If the data in either statement a alone or statement b alone are sufficient to answer the question.
   If the data even in both statement a and statement b together are not sufficient to answer the question.
   If the data in both statement a and statement b together are necessarily to answer the question.
   Option D
   
   
    



9. Mani is in which direction with respect to Queen? STATEMENTS: a)Mani is towards north of Ojasvee, which is towards the east of Queen. b) Queen is towards east of Niharika, who is towards the west of Mani.
   If the data in statements a alone is sufficient to answer the question while the data in statement b are not sufficient to answer the question.
   If the data in statement b alone is sufficient to answer the question while the data in statement a are not sufficient to answer the question.
   If the data in either statement a alone or statement b alone are sufficient to answer the question.
   If the data even in both statement a and statement b together are not sufficient to answer the question.
   If the data in both statement a and statement b together are necessarily to answer the question.
   Option A
   
   
    



10. If all persons are facing same direction, then how many persons are sitting in a row? STATEMENTS: a) Akansha is on 11th position from the left end of the row. Brijesh is on 8th position from the right end of the row. b) Manish is 5th to the right of Akansha and 5th to the left of Brijesh.
    If the data in statements a alone is sufficient to answer the question while the data in statement b are not sufficient to answer the question.
    If the data in statement b alone is sufficient to answer the question while the data in statement a are not sufficient to answer the question.
    If the data in either statement a alone or statement b alone are sufficient to answer the question.
    If the data even in both statement a and statement b together are not sufficient to answer the question.
    If the data in both statement a and statement b together are necessarily to answer the question.
    Option E
    
    
     

Mixed Reasoning Questions for Upcoming Exams – Set 147

Directions (1-5) : In each of the questions below are given some statements followed by two conclusions. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. STATEMENTS: a)Some A are O. b)Some G are P. c)No O is P.

1. CONCLUSION: a) Some A are not G. b) Some G are not O.
   Only conclusion a follows
   Only conclusion b follows
   Either conclusion a or b follows
   Neither conclusion a or b follows
   Both a and b follows
   Option B
   
   
    



2. STATEMENTS: a)Only a few S are C. b)All C is D. c)Some D are A. CONCLUSION: a) Some S are A. b) All D being S is possibility.
   Only conclusion a follows
   Only conclusion b follows
   Either conclusion a or b follows
   Neither conclusion a or b follows
   Both a and b follows
   Option B
   
   
    



3. STATEMENTS: a)Only A is B. b)Some A is P. c)All P is N. CONCLUSION: a)Some N is B. b) Some P is B.
   Only conclusion a follows
   Only conclusion b follows
   Either conclusion a or b follows
   Neither conclusion a or b follows
   Both a and b follows
   Option D
   
   
    



4. STATEMENTS: a)Only a few M is G. b)Only a few G are A. c)Some A is L. CONCLUSIONS: a)All A can be M. b) Some L is G.
   Only conclusion a follows
   Only conclusion b follows
   Either conclusion a or b follows
   Neither conclusion a or b follows
   Both a and b follows
   Option A
   
   
    



5. STATEMENTS: a)All S are I. b)All I are T. c)No I is C. CONCLUSIONS: a)Some T are not C. b)All C are not S.
   Only conclusion a follows
   Only conclusion b follows
   Either conclusion a or b follows
   Neither conclusion a or b follows
   Both a and b follows
   Option E
   
   
    
Directions (6-10) : Study the information and answer the questions : Mani, Niharika, Oman, Priyal, Yash, Rakesh and Simon are seven friends live on seven different floors of a building, lowermost floor of the building is numbered as 1, and topmost floor is numbered as 7, Also they belong to different countries i.e. Persia, Austria, Iceland, Hungary, Myanmar, Cuba, and Malaysia (not necessarily in the same order).Yash lives on an even numbered floor. Two people live between Yash and Rakesh, who doesn’t belong to Austria. The one who lives just above Yash belongs to Hungary. The one, who belongs to Persia, lives on an even numbered floor. Only one person lives between the ones who belong to Hungary and Priyal. Rakesh doesn’t live on 7th floor. The one who is from Hungary is not Niharika and neither lives on 1st and topmost floor. Simon belongs to Iceland and lives just above Niharika, who doesn’t live on 2nd floor. Oman belongs to Myanmar. The one, who belongs to Cuba, lives on an even numbered floor below Niharika. Mani doesn’t live below Oman’s floor.


6. Who among the following belongs to Austria?
   Priyal
   Mani
   Oman
   Niharika
   None of these
   Option A
   
   
    



7. Which of the following combinations is true with respect to the given arrangement?
   Cuba-Rakesh
   Austria-Priyal
   Persia-Simon
   Malaysia-Oman
   All are true
   Option B
   
   
    



8. Niharika belongs to which country?
   Austria
   Myanmar
   Persia
   Malaysia
   None of these
   Option C
   
   
    



9. Which of the following statements is true with respect to the given arrangement?
   Only one people live above Simon
   Rakesh belongs to Malaysia
   Mani belongs to Cuba
   Yash lives on 3rd floor
   All are true
   Option B
   
   
    



10. Who amongst the following lives on the floor numbered 2?
    Mani
    Simon
    The one who belong to Myanmar
    Niharika
    None of these
    Option C
    
    
     

GA Revision for SBI Clerk and other exams - 756

1. Where is the headquarters of Jana Small Finance Bank located?
   A) Mumbai
   B) Chennai
   C) Varanasi
   D) Bengaluru
   
   
   

   
   Option D
   Explanation: Janalakshmi Financial Services Private Limited, Bengaluru

   
   
2. Which state government has decided to replace Yash Bharti Awards with State Cultural Award?
   A) Punjab
   B) Uttar Pradesh
   C) Uttarakhand
   D) Bihar
   
   
   

   
   Option B
   Explanation: The Uttar Pradesh government has decided to replace Yash Bharti Awards with State Cultural Award.

   
   
3. Manama is the capital of_______?
   A) Albania
   B) Bahrain
   C) Central African Republic
   D) Honduras
   
   
   

   
   Option B
   Explanation: Currency: Bahraini dinar

   
   
4. As per the Forbes’ Real Time Billionaires’ Index,who became second richest Indian with a networth of $ 17.8 billion,after Reliance Industries ltd chairman Mukesh Ambani?
   A) Ritesh Agarwal
   B) Anil Ambani
   C) Radhakishan Damani
   D) Indra Nooyi
   
   
   

   
   Option C
   Explanation: As per the Forbes’ Real Time Billionaires’ Index, Avenue Supermarts, which is doing business as D-Mart, founder Radhakishan Damani has now become the second richest Indian with a networth of $ 17.8 billion,after Reliance Industries ltd chairman Mukesh Ambani.

   
   
5. Union Culture Minister inaugurated ‘Indian Heritage in Digital Space’ exhibition in which city?
   A) Pune
   B) NewDelhi
   C) Mumbai
   D) Chennai
   
   
   

   
   Option B
   Explanation: Union Culture and Tourism Minister Prahlad Singh Patel launched an exhibition titled “Indian Heritage in Digital Space” at National Museum, New Delhi. This exhibition was first of its kind in the country.

   
   
6. Who headed the committee formed by SEBI to suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds?
   A) Sujith Prasad
   B) Abhilash Sahu
   C) Girish Sinha
   D) UP Singh
   
   
   

   
   Option A
   Explanation: Markets regulator Sebi has constituted a committee which suggested on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds.

   
   
7. The exercise ‘Sahyog-Kaijin’ was held between India and which other country?
   A) Russia
   B) Japan
   C) SriLanka
   D) Thailand
   
   
   

   
   Option B
   Explanation: Coast Guards of India and Japan took part in a joint exercise ‘Sahyog-Kaijin’ off the Chennai coast as part of strengthening the bond of the two countries.

   
   
8. The Indira Priyadarshini Stadium is situated in which state?
   A) Andhra Pradesh
   B) Odisha
   C) Chhattisgarh
   D) Madhya Pradesh
   
   
   

   
   Option A
   Explanation: The Indira Priyadarshini Stadium, Vishakhapatnam, Andhra Pradesh is one of the well known Cricket Stadiums in India.

   
   
9. What is the minimum default required to initiate insolvency procedure for corporate debtors under the Insolvency and Bankruptcy Code?
   A) Rs 2,00,000
   B) Rs 5,00,000
   C) Rs 4,00,000
   D) Rs 1,00,000
   
   
   

   
   Option D
   

   
   
10. The fifth edition of exercise ‘Ajeya Warrior 2020’ was held between India and which other country?
    A) UK
    B) Germany
    C) Russia
    D) France
    
    
    

    
    Option A
    Explanation: The fifth edition of exercise ‘Ajeya Warrior 2020’ between the armies of India and the United Kingdom commenced at Salisbury Plains, the United Kingdom.

    
    
11. Which organisation released the Global Risks Report 2020?
    A) World Economic Forum
    B) International Monetary Fund
    C) World Bank
    D) NASSCOM
    
    
    

    
    Option A
    Explanation: The Global Risks Report 2020” has been released by World Economic Forum. It is the 15th edition of the report. The report has been prepared by WEF in partnership with Marsh & McLennan and Zurich Insurance Group. The report defines the major risks, the world is going to face in the coming years. The data used to make the report was collected by Global Risks Perception Survey (GRPS) through survey conducted from 5 September to 22 October 2019.

    
    
12. The 43rd session of the governing council of the International Fund for Agricultural Development (IFAD) was held in which city?
    A) Paris
    B) Rome
    C) Geneva
    D) NewYork
    
    
    

    
    Option B
    Explanation: The 43rd session of the governing council of the International Fund for Agricultural Development (IFAD) was held in Rome with the theme “Investing in sustainable food systems to end hunger by 2030″.

    
    
13. Which bank has launched its API Banking portal consisting maximum number of virtual APIs (application programming interfaces) put together by any Indian bank?
    A) ICICI Bank
    B) HDFC Bank
    C) Canara Bank
    D) IDBI Bank
    
    
    

    
    Option A
    Explanation: ICICI Bank has launched its API Banking portal consisting maximum number of virtual APIs (application programming interfaces) put together by any Indian bank. The API interface will enable partner companies to co- create innovative customer solutions in a frictionless manner and in a fraction of time usually taken for such integration.

    
    
14. Dmitry Medvedev resigned from the post of Prime Minister of which country?
    A) France
    B) Russia
    C) China
    D) Netherlands
    
    
    

    
    Option B
    Explanation: The Prime Minister of Russia, Dmitry Medvedev has resigned to lead the Russia’s Security Council.

    
    
15. Which state government launched Pyaar ka Paudha’ (a plant of love) campaign to encourage practice of planting trees?
    A) Bihar
    B) Assam
    C) Uttar Pradesh
    D) Mizoram
    
    
    

    
    Option A
    Explanation: Ahead of Valentine’s day, ‘Pyaar ka Paudha’ (a plant of love) campaign has been launched by the Bihar government’s Department of Environment and Forest in Patna, to encourage the practice of planting trees in the state.

    
    
16. Where is the Captain Roop Singh Stadium situated?
    A) Vadodra, Gujarat
    B) Jodhpur, Rajasthan
    C) Gwalior, MP
    D) Ranchi, Jharkhand
    
    
    

    
    Option C
    

    
    
17. Robert Abela has won the elections to become the Prime Minister of which country?
    A) Finland
    B) Zimbabwe
    C) Ukraine
    D) Malta
    
    
    

    
    Option D
    Explanation: Robert Abela has won the elections to become the Prime Minister of Malta. He has become the 14th prime minister of Malta after defeating Chris Fearne.

    
    
18. Which platform was launched by Union Minister of MSME Nitin Gadkari which can carry 20 Bee Boxes from one place to another without any difficulty?
    A) Apiary on Wheels
    B) Apiary on Tyres
    C) Apiary Roads
    D) Apiary tracks
    
    
    

    
    Option A
    Explanation: Apiary on Wheels’, a unique concept designed by KVIC for the easy upkeep and migration of Bee Boxes having live Bee colonies, was flagged off by the Union Minister of MSME Shri Nitin Gadkari in Delhi.

    
    
19. For a company to register as a NBFC it should have a minimum net owned fund of ____?
    A) Rs 25 lakh
    B) Rs 1 crores
    C) Rs 2 crores
    D) Rs 5 crores
    
    
    

    
    Option C
    

    
    
20. Where is the HQ of Forbes Media LLC?
    A) NewYork
    B) London
    C) Paris
    D) Bangkok
    
    
    

    
    Option A
    

    
    

English: Reading Comprehension Set 49

Directions(1-10): Read the given passage carefully and answer the questions that follow. Certain words are printed in bold to help you locate them while answering some of these.

Even as frauds and murky dealings continue to tumble out of the closets of the biggest names in Indian banking, there is danger in assuming that the problem is restricted to that industry.
India’s banking crisis isn’t just about the likes of Punjab National Bank, Bank of Maharashtra or ICICI Bank Ltd. India’s corporate sector, including some of its largest companies, is as much a part of the toxic environment that is now unraveling before us.
Every Indian company, large and small, has at some stage put pressure on bankers to bend the rules either for sanctioning loans or changing the repayment terms. Even as we rail against the executives and the boards of the banks for conniving with borrowers, let’s not forget who they were conniving with and for what.
The gross non-performing assets (NPAs) of Indian banks are about 10.5% of total advances but within that, loans by scheduled banks to industry account for over 20% of gross advances. These bank NPAs are nothing but the excesses of companies reflected in irrational leverage levels and high default ratios.
Whether it is Rotomac or Nirav Modi, the script remains unchanged. Banks have always been a fertile ground for political and corporate patronage. There’s nothing new about this. For decades, money in the banks has been treated as the personal fiefdom of a few. In the 1980s, there were the notorious loan melas, where politicians doled out funds through nationalized banks without bothering about basic hygiene factors. Often, even the loan application forms would be filled by bank staffers.
Post 1991, with the onset of private banking, it was expected that more care and caution would be exercised. But as the Indian economy moved into high gear following a global surge in growth, Indian companies suddenly acquired a ''voracious'' appetite for bank loans to fuel their many ill-conceived investments. The spigot, once opened, could only lead to the kind of excesses that are being uncovered. Significantly, once the easy-money regime changed, particularly after Raghuram Rajan turned the central bank’s lens on the lending and provisioning practices of the banks, Indian companies’ appetite for investments also dried up.
It is one thing to plan ambitious projects or large acquisitions with the reassuring backing of soft loans at nominal rates of interest and flexible repayment terms and quite another to do so on more stringent forms of financing. The returns needed to service a bank loan are different from those needed to service any other form of financing. Not surprisingly, after 2010, there has been a decline in the share of gross capital formation (GCF) in GDP, from 38.2% to 32.3% between 2011–2012 and 2013–2014, with the corporate sector’s contribution as GCF also falling
If banks have failed to judge the creditworthiness of the companies they have lent to or failed to detect those initial signs of stress before a loan turns non-performing, it is in part because of the elaborate efforts companies make to window dress their accounts. When the chairman of Syndicate Bank is arrested for taking a bribe from the promoters of Bhushan Steel, both are equally culpable and deserve opprobrium. But when Bhushan Steel becomes the norm for corporate behaviour and a symbol of the manipulative power of our largest companies, it is time to worry.
In his 2013 book, Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America, author Charles H. Ferguson refers to canopy ecosystems, which he describes as “worlds of flora and fauna that occur at the tops of very tall trees and exist largely apart from the multiple bio-systems layered beneath them. They do this in part by getting the best access to sunlight, but in so doing they block the sun from reaching everything below”.
By cornering an abnormal share of bank loans, large Indian companies have also created a canopy for themselves, one under which more deserving and needy smaller businesses fail to grow for want of credit.

1. According to the passage, what is true about Charles H. Ferguson’s book?
   i. The concept of the book described in the passage can be used to explain the mess created by Indian companies in the Indian banking system.
   ii. The book describes worlds of flora and fauna that occur at the tops of very tall trees and exist largely apart from the multiple bio – systems layered beneath them.
   iii. It was released in 2013
   
   Only II
   Only III
   Only II and III
   Only I and II
   All I, II, III
   Option
   All the three statements are mentioned in the passage in the 2nd last and last paragraphs.
   
    



2. Which of the following can be inferred from the passage?
   i. Many deserving loan applications fail to get approved because of manipulative power of large Indian companies.
   ii. Indian companies took more bank loans after the year 1991.
   iii. In 1980s, there was a concept of loan melas in India.
   Only I
   Only II and III
   Only II
   Only I and II
   Only III
   Option D
   Statement I and statement II can be inferred from the last and the 6th paragraphs respectively: "Post 1991, with the onset of private banking, it was expected that more care and caution would be exercised. But as the Indian economy moved into high gear following a global surge in growth, Indian companies suddenly acquired a voracious appetite for bank loans to fuel their many ill-conceived investments." while statement III is directly mentioned in the 5th paragraph: "In the 1980s, there were the notorious loan melas" but can't be said to have been inferred.
   
    



3. According to the passage, which of the following bank(s)/company/companies is/are quoted as example to explain the idea of the passage?
   i. Bhushan Steel
   ii. Canara Bank
   iii. Rotomac
   Only II
   Only III
   Only I and III
   Only I and II
   All I, II, III
   Option C
   Statement II is not mentioned as Canara bank is out of scope whereas statement I and III are mentioned in the 5th and second last paragraphs.
   
    



4. According to the passage, which of the following statement(s) is/are TRUE?
   i. An analogy from Ferguson’s book about canopy ecosystems has been used to explain the current Indian banking system and corporate India’s role in its mess.
   ii. Banks being a fertile ground for political and corporate patronage is not a recent phenomenon.
   iii. Loans by scheduled banks to industry account for less than 20% of gross advances
   Only II and III
   Only II
   Only I and III
   Only I
   Only I and II
   Option E
   Statement III is incorrect as the number being talked about is more than 20% as given in 4th paragraph, ‘the gross non-performing assets (NPAs) of Indian banks are about 10.5% of total advances but within that, loans by scheduled banks to industry account for over 20% of gross advances.’ Statement I and II are true and are mentioned in the passage. Statement I is mentioned in the second last and last paragraph and statement II is mentioned in the 5th paragraph.
   
    



5. According to the passage, what makes Indian companies also responsible for current crisis in Indian banking system?
   i. Indian companies form a majority part in the overall loan sanctioned by the banks.
   ii. They put pressure on bankers to sanction loans which otherwise, would not have been sanctioned owing to their ineligibility.
   iii. Indian companies ask banks to change their loan repayment terms.
   Only I and III
   Only II and III
   Only I and II
   Only I
   All I, II, III
   Option B
   Statement II and III are mentioned in the third paragraph i.e. ‘every Indian company, large and small, has at some stage put pressure on bankers to bend the rules either for sanctioning loans or changing the repayment terms.’
   
    



6. According to the passage, which of the following is/are its central idea(s)?
   i. The gross NPAs of Indian banks are at an all-time high and the situation is going to worsen in future.
   ii. The problem of financial frauds and illegal dealing in Indian banking system is not restricted to the banking industry alone.
   iii. Corporate India is equally to blame for Indian banking crisis.
   Only II
   Only III
   Only I
   Only II and I
   All I, II, III
   Option B
   Statement II talks about a specific issue and its veracity is yet to be established from the passage whether NPAs are at an all-time high; so, it cannot be the central idea of the passage. The entire passage talks about the role of Indian companies in the current Indian banking crisis by quoting many companies and how they are equally responsible for the current mess in the Indian banking system. The proportion of NPAs relating to corporate India has also been quoted in the passage. So, only statement III perfectly captures this essence.
   
    



7. Which of the following words is the most similar in meaning of the word ‘opprobrium’ as given in the passage?
   Approval
   Commendation
   Compliment
   Exaltation
   Vituperation
   Option E
   ‘Opprobrium’ means harsh criticism or censure.
   ‘Vituperation’ means bitter and abusive language.
   'Commendation' means formal or official praise.
   'Exaltation' means a feeling or state of extreme happiness.
   
    



8. Which of the following words is the most similar in meaning of the word ‘unraveling’ as given in the passage?
   Entangle
   Unite
   Twist
   Untangle
   Knot
   Option D
   ‘Unraveling’ means undo (twisted, knitted, or woven threads).
   ‘Untangle’ means free from a tangled or twisted state.
   ‘Entangle’ means cause to become twisted together with or caught in.
   
    



9. Which of the following words is most similar in meaning of the word ‘conniving’ as given in the passage?
   Scheming
   Forgetting
   Neglecting
   Truthfulness
   Honesty
   Option A
   ‘Conniving’ means given to or involved in conspiring to do something immoral, illegal, or harmful. Thus, "scheming" is a synonym.
   
    



10. Which of the following words is the most opposite in meaning of the word ‘voracious’ as given in the passage?
    Satisfied
    Empty
    Dull
    Gross
    Starved
    Option A
    ‘Voracious’ means wanting or devouring great quantities of food.
    ‘Quenched’ means satisfy (one's thirst) by drinking.
    
     

Static GK Quiz for Upcoming Exams Set 277

Static GK Questions for SBI PO/Clerk, IBPS RRB, IBPS PO/Clerk, RBI Assistant, LIC, NIACL, OICL, NABARD, SEBI and other competitive exams.
1. The World Economic Outlook (WEO) is a survey conducted and published by the _____
   A) IMF
   B) UNICEF
   C) WEF
   D) UNDP
   E) WTO
   
   
   

   
   A) IMF

   
   
2. The Kalinga Prize for the Popularization of Science is an award given by ______
   A) GOI
   B) UNESCO
   C) Indian Science Congress Association
   D) National Science Foundation.
   E) Politics of Norway
   
   
   

   
   B) UNESCO

   
   
3. The First Chief of Air Staff of the Indian Air Force was _____
   A) A. K. Gopalan
   B) G. V. Mavlankar
   C) Subroto Mukerjee
   D) Satyendranath Tagore
   E) R. K. Shanmukham Chetty
   
   
   

   
   C) Subroto Mukerjee

   
   
4. The Lakhwar dam is located in ______
   A) Gujarat
   B) Assam
   C) Sikkim
   D) Uttarakhand
   E) Jharkhand
   
   
   

   
   D) Uttarakhand

   
   
5. The Damdama lake is located in ______
   A) Gujarat
   B) Assam
   C) Delhi
   D) Sikkim
   E) Haryana
   
   
   

   
   E) Haryana

   
   
6. Dr. Y. S. Rajasekhara Reddy ACA–VDCA Cricket Stadium, is a multi-purpose stadium located in ______
   A) Gujarat
   B) West Bengal
   C) Jharkhand
   D) Andhra Pradesh
   E) Madhya Pradesh
   
   
   

   
   D) Andhra Pradesh

   
   
7. Shree Somnath Jyotirlinga Temple is located in _____
   A) Telangana
   B) Kerala
   C) Tamil Nadu
   D) Karnataka
   E) Gujarat
   
   
   

   
   E) Gujarat

   
   
8. Which country was the first to host the modern Olympics?
   A) Greece
   B) Yugoslavia
   C) USA
   D) Uruguay
   E) Paraguay
   
   
   

   
   A) Greece

   
   
9. The Kumbhalgarh Fort is located in _____
   A) Rajasthan
   B) Assam
   C) Delhi
   D) Sikkim
   E) Chandigarh
   
   
   

   
   A) Rajasthan

   
   
10. Khajuraho Dance Festival is a popular festival in ______
    A) Gujarat
    B) West Bengal
    C) Jharkhand
    D) Andhra Pradesh
    E) Madhya Pradesh
    
    
    

    
    E) Madhya Pradesh

    
    

Mixed English Questions for Mains Exam — Set 296

Directions(1-6): In the given question, a part of the sentence is printed in brackets. Below the sentence, three alternatives to the bracketed part are given which may help improve the sentence. Choose the option that reflects the correct use of the phrase in the context of the sentence. In case the given sentence is correct, your answer is (E), i.e., “No correction required”.

1. The (earliest rocket parts were carried) to ISRO over cycles and bullock carts.
   
   i. earliest rocket positions would be carried
   ii. further rocket parts would be carried
   iii. earliest rocket parts was to be carried
   Only i
   Only ii
   Only iii
   Both ii and iii
   No correction required
   Option E
   
   
    



2. Unlike in Western countries, where (most of the salt comes into processed foods), most salt consumed in China comes from the salt added while cooking.
   
   i. more salts are making their way into processed food
   ii. more salts are becoming a part of the produce food
   iii. most of the salt comes from processed foods
   
   Only i
   Only ii
   Only iii
   Both ii and iii
   No correction required
   Option C
   
   
    



3. (Intelligent design advocates claim that the eye is a perfect example) of an irreducibly complex structure due to its many elaborate and interlocking parts.
   
   i. Intelligent design advocates claims that the eye is a perfect example
   ii. Intelligent design advocates claims that the eyes are a perfect example
   iii. Intelligent design advocate claim that the eye is a perfect example
   Only i
   Only ii
   Only iii
   Both i and iii
   No correction required
   Option E
   
   
    



4. The current policy of ownership and governance in banking (need to be reviewed urgently in correction to the outdated and distorted) policies.
   
   i. needs to be reviewed urgently to correct the outdated and distorted
   ii. needed to be reviewed urgently for correcting the outdated and distorted
   iii needs urgent review to correct the outdated and distorted
   Only i
   Only ii
   Only iii
   Both i and iii
   No correction required
   Option D
   
   
    



5. Telescopes, capable of directly imaging (the oceans and land masses of other world), are probably at least a couple of decades away.
   
   i. the oceans and land masses of another world
   ii. the oceans or land mass of other worldly
   iii. the ocean and land masses at other world
   Only i
   Both i and ii
   Only iii
   Both ii and iii
   No correction required
   Option A
   
   
    



6. She pulled the blanket (round her shoulders and curled up a shivering ball), staring through the window into the darkness.
   
   i. around her shoulders and curled a shivering ball
   ii. around her shoulders and curled up in a shivering ball
   iii. around her shoulders and curled up into a shivering ball
   
   Only i
   Only ii
   Only iii
   Both ii and iii
   No correction required
   Option C
   The phrase 'curl up' means to sit in a comfortable position with your back curved and your legs and arms close to your chest.
   
    


Directions(7-10): In the given questions, there are six sentences 1, A, B, C, D and 6, which when properly sequenced, form a coherent paragraph. Choose the most logical order of sentences from among the five given choices to construct a coherent paragraph keeping 1 and 6 as the first and the last statements respectively.


7. 1. A market for Indian art has existed ever since the international art scene sprang to life.
   A) But interest in architectural conceits is an unanticipated fallout of the Festivals of India of the '80s, which were designed to increase exports of Indian crafts.
   B) Simultaneously, the Indian elite discarded their synthetic sarees and kitsch plastic furniture and a market came into being.
   C) Western dealers, unhappy in a market afflicted by violent price fluctuations and unpredictable profit margins, began to look East, and found cheap antiques with irresistible appeal.
   D) The fortunes of the Delhi supremos, the Jew Town dealers in Cochin and myriad others around the country were made.
   6. A chain of command was established, from the local contacts to the provincial dealers and up to the big boys, who entertain the Italians and the French, cutting deals worth lakhs in warehouses worth crores.
   
   ABCD
   DCAB
   CBAD
   CABD
   BDCA
   Option C
   The correct logical order is 1CBAD6.
   
    



8. 1.Buddhism is a way to salvation.
   A) But Buddhism is more severely analytical.
   B) In the Christian tradition there is also a concern for the fate of human society conceived as a whole, rather than merely as a sum or network of individuals.
   C) Salvation is a property, or achievement of individuals.
   D) Not only does it dissolve society into individuals, the individual in turn is dissolved into component parts and instants, a stream of events.
   6. In modern terminology, Buddhist doctrine is reductionist.
   BACD
   CBAD
   CDAB
   CDBA
   DBCA
   Option B
   The correct logical order is 1CBAD6.
   
    



9. 1. Liz Taylor isn't just unlucky in love.
   A) She, and husband Larry Fortensky, will have to pay the tab — $4,32,600 in court costs.
   B) The duo claimed that a 1993 story about a property dispute damaged their reputations.
   C) Taylor has just filed a defamation suit against the National Enquirer.
   D) She is unlucky in law too.
   6. Alas, all levels of the California court system disagreed.
   CDAB
   DCAB
   DABC
   CDBA
   ABCD
   Option B
   The correct logical order is 1DCAB6.
   
    



10. 1. Hiss was serving as Head of the Endowment on August 3, 1948, when Whittaker Chambers reluctantly appeared before the House Un-American Activities Committee.
    A. Chambers, a portly rumpled man with a melodramatic style, had been a Communist courier but had broken with the party in 1938.
    B. When Nixon arranged a meeting of the two men in New York, Chambers repeated his charges and Hiss his denials.
    C. Summoned as a witness, Hiss denied that he had ever been a Communist or had known Chambers.
    D. He told the Committee that among the members of a secret Communist cell in Washington during the 1930s was Hiss.
    6. Then, bizarrely, Hiss asked Chambers to open his mouth.
    CBAD
    ADBC
    ADCB
    ACDB
    BDCA
    Option C
    The correct logical order is 1ADCB6.
    
     

Quantitative Aptitude: Data Sufficiency Questions Set 13

1. Two cycles are travelling towards each other .what is the distance between them just before 30 minutes they meet ?
   I ) They were originally 100 km apart
   II) Speed of a cycle A is 30 km / hr and speed of cycle B is 40 km /hr apart.
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option B
   Using the statement I we cannot answer the question because no speed is given.
   But using II we can.
   Since the cycles are going to meet 30 minutes , which means , the relative speed = 30 + 40 = 70 km/hr.
   So the gap = speed x time .So we can find the distance .Hence option B is correct.
   
   
    



2. Saral wins in a very faculty election by defeating his solely opponent Varun. Next year the varsity population magnified 50%, and now Varun defeats Saral. Notice the supporters of Varun wins the second election.
   I ) Majority of votes by which Varun won are 1000 more than the majority of votes by which Saral has won in the first election.
   II) Supporters of Saral increased by 30 % and Supporters of Varun increased by 75%
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option C
   Clearly both statements are given the required answer, Hence option C is correct.
   
    



3. Average weight of 10 school children are 60 kg. Children X with average weight Y is joined the group so the total average weight is increased. Find the new average weight of children.
   I) X + Y = 65
   II) Y is prime.
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option D
   Clearly Y is greater than 60. Because average only increased if the value will be greater than 60.
   Also X denote s the number of children , so it will be the positive value. So by first statement we can get ( 1, 64), ( 2, 63) , ( 3, 62 ), ( 4 , 61) since y > 60.
   But by statement II Y is a prime number . So ( 4, 61 ) is correct.
   So 4 children with average weight 61are added in the group.
   Hence D is correct.
   
   
    



4. Who among Rani, Jaya, Akila and Neema is the tallest?
   I. Jaya is taller than Neema.
   II. Rani is not as tall as either Akila or Jaya.
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option E
   From I: J >N
   From II :R < A or J
   From the given data we can’t say Who is tallest or shortest .
   
   
    



5. In a garland how many roses are there between sunflower and lily in a row of 35 roses?
   I) sunflower is 6 places away from lily, which is 20th from the left end.
   II) Sunflower is 13th from the left end and lily is 8th from the right end.
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option B
   From second statement, we get
   (12 roses) sunflower (12 roses) lily (7 roses).
   
   
    



6. When is mybirthday this year ?
   I. It is between october 16 and 18, october 16 being Wednesday.
   II. It is not on Friday.
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option A
   From Statement I, we conclude that My birthday is on october 17 , which is Thursday, this year. So, only I is needed.
   
   
    



7. Emirates plains are always punctual in Dubai. How long, at the most, will Mr. mohamed have to wait for the bus ?
   I. Mr. mohamed has come to the airport stand at 9 A.M.
   II. There is airport at 10 A.M. and Possibly another airport even earlier.
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option C
   From both the given statements, we find that Mr.mohamed reached the airport stand at 9 A.M. and a airport is sure to arrive at 10 A.M. So, Mr. airport has to wait for at the most one hour.
   
   
    



8. How many iphones were sold in 2019?
   I. Last year 100 phones were sold.
   II. The number of phones sold this year was 2.5 times that of last year.
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option C
   Clearly both statements are given the required answer, Hence option C is correct.
   
    



9. How is Bheema related to Akil?
   I. Dinesh is the father of Akil and Bheema.
   II. Akil is Bheema's brother.
   
   If Statement I is sufficient for the answer.
   If Statement II is sufficient for the answer.
   If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
   If Statement I or II is sufficient for the answer.
   both Statement I and II are insufficient for the answer.
   Option A
   Using the statement I we can answer the question as bheema is a brother of akil.
   
   
    



10. What is G's age?
    I. G, V and K are all of the same age.
    II. Total age of V, K and A is 64 and A is as old as V and K together.
    If Statement I is sufficient for the answer.
    If Statement II is sufficient for the answer.
    If Statement I and II are sufficient for the answer but neither of the two alone is sufficient
    If Statement I or II is sufficient for the answer.
    both Statement I and II are insufficient for the answer.
    Option C
    As given in statements I and II, we have
    G = V = K,
    V + K + A = 64
    and A = V + k.
    take V + K = A in second,
    we get 2A = 64 or A = 32.
    Thus, V + K = 32 and V = K.
    So, V = K = 16. Thus, G = 16.