Current Affairs Questions for IBPS Clerk, IBPS PO, RBI Grade-B, SBI Clerk, SBI PO and Railways Exams

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2 Current Affairs Questions for IBPS Clerk, IBPS PO, RBI Grade-B, SBI Clerk, SBI PO and Railways Exams September GA Quiz 22 Directions: Study the following questions carefully and answer the questions given below. 1. India settled for the silver medal after losing to 2-3 in the final of the Asian Team Snooker Championship A. Pakistan B. Iran C. China D. Japan E. None of these 2. Which film has been chosen to represent India in the Best Foreign Language category at the 91st Academy Awards next year. A. Bhayanakam B. Manto C. Paddayi D. Village Rockstars E. None of these 3. Hong Kong recently opened a new high-speed rail link to inland that will vastly decrease travel times.hong Kong recently opened a new high-speed rail link to inland that will vastly decrease travel times. A. Pakistan B. India C. China D. USA E. None of these 4. U.S. blacklists which country agency for buying Russia military equipment. A. China B. India C. Nepal D. Japan E. None of these 5. Who will be the third strategic partner of the $50 billion China-Pakistan Economic Corridor (CPEC) A. Nepal B. Bhutan C. India D. Saudi Arabia E. None of these

3 6. Who has issued revised Know Your client (KYC) norms, providing relief to foreign portfolio investors. Under new norms residents as well as non-resident Indians have been permitted to hold a non-controlling stake in such entities. A. RBI B. SEBI C. Finance Ministry D. IRDAI E. None of these 7. Who approved Country Partnership Framework for India to support its transition to higher middle- income country. A. ADB B. IMF C. World Bank D. UNESCO E. None of these 8. IRDAI increased minimum Compulsory Personal Accident (CPA) cover for owner-drivers under the motor insurance policy to Rs. lakh. A. 10 B. 15 C. 20 D. 25 E. None of these 9. President Ram Nath Kovind inaugurates centenary celebrations of 'Dakshina Bharat Hindi Prachar Sabha' in which of the following cities- A. Agra B. Bhopal C. New Delhi D. Jaipur E. None of these 10. Which Indian company recently announced that it will acquire the steel business of Usha Martin Limited (UML) for Rs. 4,300-4,700 crore. A. Bhushan Steel B. Steel Authority of India Limited C. JSW Steel D. Tata Steel E. None of these

4 Correct answers: A D C A D B C B C D Explanations: 1. Who: India What: Won silver medal in the final of the Asian Team Snooker Championship India settled for the silver medal after losing to Pakistan 2-3 in the final of the Asian Team Snooker Championship. After Babar Masih put a fluent 81 break to win the first frame against Pankaj Advani, Malkeet Singh restored parity with a 52 break win over Mohammad Asif. Hence, option A is the correct answer Who: Rima Das National Award-winning feature Village Rockstars What: Has been chosen to represent India in the Best Foreign Language category at the 91st Academy Awards next year, the Film Federation of India (FFI). Rima Das National Award-winning feature Village Rockstars has been chosen to represent India in the Best Foreign Language category at the 91st Academy Awards next year, the Film Federation of India (FFI).

5 The coming-of-age film follows Dhunu, a girl who grows up in poverty and learns to fend for herself. However, that does not prevent her from following her dream of forming a rock band and owning a guitar someday. Hence, option D is the correct answer Who: Hong Kong What: Opened a new high-speed rail link to inland China that will vastly decrease travel times Hong Kong opened a new high-speed rail link to inland China that will vastly decrease travel times but also raises concerns about Beijing s creeping influence over the semi-autonomous Chinese region. The train travels the 26 km through Hong Kong to Shenzhen across the border in China in just 14 minutes, down from about 1 hour currently. Costing upward of $10 billion and taking more than eight years to build, the system aims to transport more than 80,000 passengers daily between the Asian financial center of 7 million people and the neighbouring manufacturing hub of Guangdong province. Hence, option C is the correct answer.

6 4. Who: U.S. What: Blacklists which country agency for buying Russia military equipment When: Published on 21 September 2018 The Trump administration imposed sanctions on the Chinese military for buying fighter jets and missile systems from Russia, in breach of a sweeping U.S. sanctions law punishing Moscow for meddling in the 2016 U.S. election. Hence, option A is the correct answer Who: Saudi Arabia What: Will be the third strategic partner of the $50 billion China-Pakistan Economic Corridor (CPEC) When: Published on 21 September 2018 Saudi Arabia will be the third strategic partner of the $50 billion China-Pakistan Economic Corridor (CPEC), a senior Pakistani Minister announced recently, soon after Prime Minister Imran Khan returned from his first foreign trip to the cash-rich kingdom. The CPEC is the flagship project of the multi-billion dollar Belt and Road Initiative (BRI), a pet project of Chinese President Xi Jinping, aimed at enhancing Beijing s influence around the world through Chinafunded infrastructure projects. Hence, option D is the correct answer.

7 6. Who: SEBI What: Has issued revised Know Your client (KYC) norms, providing relief to foreign portfolio investors Securities and Exchange Board of India, SEBI has issued revised Know Your client (KYC) norms, providing relief to foreign portfolio investors, FPI. Under new norms residents as well as non-resident Indians have been permitted to hold a noncontrolling stake in such entities. There will also be no restriction on them to manage non investing FPIs, SEBI registered offshore funds as well as registered investment managers. Hence, option B is the correct answer Who: World Bank What: approved Country Partnership Framework for India to support its transition to higher middle- income country. World Bank Board has endorsed an ambitious five-year Country Partnership Framework (CPF) for India, which aligns with New Delhi's objectives of high, sustainable and inclusive growth.

8 The move is aimed at supporting India's transition to a higher middle-income country by addressing some of its key development priorities such as resource efficient and inclusive growth, job creation and building its human capital. Hence, option C is the correct answer Who: IRDAI What: Increased minimum Compulsory Personal Accident (CPA) cover for owner-drivers under the motor insurance policy to Rs.15 lakh. The minimum Compulsory Personal Accident (CPA) cover for owner-drivers under the motor insurance policy has been increased to Rs.15 lakh. The enhanced, mandatory cover that came into force with immediate effect will lead to a higher annual premium of Rs.750 and follows a directive from insurance regulator IRDAI. Hence, option B is the correct answer. lakh/article ece?homepage=true 9. Who: President Ram Nath Kovind What: Inaugurates centenary celebrations of 'Dakshina Bharat Hindi Prachar Sabha' in New Delhi

9 President Ram Nath Kovind on Saturday inaugurated the centenary celebrations of the Dakshina Bharat Hindi Prachar Sabha in New Delhi. Speaking on the occasion, Mr Kovind said that languages connect people. He said, there are numerous languages and dialects in India and all of them have their special nature and beauty. He said, this diversity adds to India s culture and well-being. Hence, option C is the correct answer Who: Tata Steel What: Announced that it will acquire the steel business of Usha Martin Limited (UML) for Rs. 4,300-4,700 crore. Tata Steel recently announced that it will acquire the steel business of Usha Martin Limited (UML) for Rs. 4,300-4,700 crore. UML, in a stock exchange filing, said the sale of steel business to Tata Steel will help the company in significant reduction of its debt. Hence, option D is the correct answer.

10 Top 10 News Of The Day : 22 nd September, India settle for silver in Asian Team Snooker Championship India settled for the silver medal after losing to Pakistan 2-3 in the final of the Asian Team Snooker Championship. After Babar Masih put a fluent 81 break to win the first frame against Pankaj Advani, Malkeet Singh restored parity with a 52 break win over Mohammad Asif. After Babar Masih put a fluent 81 break to win the first frame against Pankaj Advani, Malkeet Singh restored parity with a 52 break win over Mohammad Asif. The doubles was the turning point where Asif played out of his skin to pull back a 62-point deficit and allow his partner Masih to wrap up the frame Pushed on the back foot, Pankaj displayed fine potting to craft a frame-winning 68 break. 2. Village Rockstars is India s official entry to Oscars 2019 Rima Das National Award-winning feature Village Rockstars has been chosen to represent India in the Best Foreign Language category at the 91st Academy Awards next year, the Film Federation of India (FFI). The coming-of-age film follows Dhunu, a girl who grows up in poverty and learns to fend for herself. However, that does not prevent her from following her dream of forming a rock band and owning a guitar someday. The announcement was made by SV Rajendra Singh Babu, Chairman, Selection Committee for Oscar Award, FFI. The film had its world premiere at the 2017 Toronto International Film Festival (TIFF) and has toured more than 70 prestigious international and national film festivals. 3. Hong Kong opens high-speed rail link with mainland China Hong Kong opened a new high-speed rail link to inland China that will vastly decrease travel times but also raises concerns about Beijing s creeping influence over the semi-autonomous Chinese region. Costing upward of $10 billion and taking more than eight years to build, the system aims to transport more than 80,000 passengers daily between the Asian financial center of 7 million people and the neighbouring manufacturing hub of Guangdong province.

11 The train travels the 26 km through Hong Kong to Shenzhen across the border in China in just 14 minutes, down from about 1 hour currently. 4. U.S. blacklists Chinese agency for buying Russia military equipment The Trump administration imposed sanctions on the Chinese military for buying fighter jets and missile systems from Russia, in breach of a sweeping U.S. sanctions law punishing Moscow for meddling in the 2016 U.S. election. The U.S. State Department said it would immediately impose sanctions on China's Equipment Development Department (EDD), the branch of the Chinese military responsible for weapons and equipment, and its director, Li Shangfu, for engaging in significant transactions with Rosoboronexport, Russia's main arms exporter. 5. Pakistan invites Saudi Arabia to be third partner in CPEC Saudi Arabia will be the third strategic partner of the $50 billion China-Pakistan Economic Corridor (CPEC), a senior Pakistani Minister announced recently, soon after Prime Minister Imran Khan returned from his first foreign trip to the cash-rich kingdom. The CPEC is the flagship project of the multi-billion dollar Belt and Road Initiative (BRI), a pet project of Chinese President Xi Jinping, aimed at enhancing Beijing s influence around the world through China-funded infrastructure projects. 6. SEBI relaxes KYC norms for foreign investors Securities and Exchange Board of India, SEBI has issued revised Know Your client (KYC) norms, providing relief to foreign portfolio investors, FPI. Under new norms residents as well as non-resident Indians have been permitted to hold a noncontrolling stake in such entities. There will also be no restriction on them to manage non investing FPIs, SEBI registered offshore funds as well as registered investment managers. Certain categories of FPIs would be required to maintain a list of beneficial owners and provide the same to the regulator. SEBI said the norms have been finalised after taking into consideration suggestions from a panel headed by former RBI Deputy Governor and comments from the public. 7. World Bank approves Country Partnership Framework for India to support its transition to higher middle- income country

12 World Bank Board has endorsed an ambitious five-year Country Partnership Framework (CPF) for India, which aligns with New Delhi's objectives of high, sustainable and inclusive growth. The move is aimed at supporting India's transition to a higher middle-income country by addressing some of its key development priorities such as resource efficient and inclusive growth, job creation and building its human capital. 8. Floor CPA cover for motor insurance hiked to Rs.15 lakhs The minimum Compulsory Personal Accident (CPA) cover for owner-drivers under the motor insurance policy has been increased to Rs.15 lakh. The enhanced, mandatory cover that came into force with immediate effect will lead to a higher annual premium of Rs.750 and follows a directive from insurance regulator IRDAI. At present, the minimum cover for two-wheelers is Rs.1 lakh for which annual premium is Rs.50 while for private cars/commercial vehicles the minimum cover is Rs.2 lakh for Rs.100. A minimum capital sum insured (CSI) of Rs.15 lakh shall be provided under CPA cover for ownerdriver under liability only, under Section III of Package Policies to all classes of vehicles and bundled covers wherever applicable at the premium rate of Rs.750 per annum for annual policy. This rate will be valid until further notice, IRDAI said. 9. President inaugurates centenary celebrations of 'Dakshina Bharat Hindi Prachar Sabha' in New Delhi President Ram Nath Kovind on Saturday inaugurated the centenary celebrations of the Dakshina Bharat Hindi Prachar Sabha in New Delhi. Speaking on the occasion, Mr Kovind said that languages connect people. He said, there are numerous languages and dialects in India and all of them have their special nature and beauty. He said, this diversity adds to India s culture and well-being. President said that institutions like the Dakshina Bharat Hindi Prachar Sabha have played a very important role in strengthening the emotional unity of the country. He noted that the Sabha has developed a network of about 20 thousand Hindi campaigners. 10. Tata Steel to acquire steel business of Usha Martin Tata Steel recently announced that it will acquire the steel business of Usha Martin Limited (UML) for Rs. 4,300-4,700 crore. The deal is expected to be completed in 6-9 months. UML, in a

13 stock exchange filing, said the sale of steel business to Tata Steel will help the company in significant reduction of its debt. Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India.

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