Quiz 559: Current Affairs for Banking Examinations

1. Which among the following committee is known for recommending a 3-tier Panchayati Raj System which includes Zila Parishad at the District Level, Panchayat Samiti at the Block/ Tehsil/ Taluka Level and Gram Panchayat at the Village Level?
[A]Balwant Rai Mehta Committee
[B]Ashok Mehta Committee
[C]GVK Rao Committee
[D]Sarkaria Commission


2. Consider the following statements:
1. The High Yielding Variety Programme (HYVP) was launched in the Kharif of 1966-67
2. The programme generally was successful in the wheat producing zones of the country
Which among the above statements is/ are correct?
[A]Only 1
[B]Only 2
[C]Both 1 & 2
[D]Neither 1 nor 2


3. Consider the following:
1. Dealing with Foreign Exchange
2. Controlling the monetary policy
3. Work as Banker to the Government
4. Control the Government Spending
Choose the functions of RBI from the given options:
[A]1
[B]1 2
[C]1 2 3
[D]1 2 3 4


4. Which among the following is the closest value to the ratio of currency to GDP in India?
[A]5%
[B]13%
[C]22%
[D]27%


Explanation
5. Who among the following has written the book titled ‘The Perils of Democracy’?
[A]P. S. Ramamohan Rao
[B]P. C. Alexander
[C]Gurudas Kamat
[D]Shankar Dayal Sharma


6. With which among the following countries, India has signed its biggest Defence deal to procure ten C-17 heavy-lift aircraft for $4.1 billion?
[A]United States
[B]France
[C]Russia
[D]Israel


7. Which among the following rivers is known as Yarlung Tsangpo in Tibet?
[A]Indus
[B]Yamuna
[C]Brahamputra
[D]Ganges


8. Which among the following personality is known for mooting the idea of Food Coupons?
[A]K Rangrajan
[B]Kaushik Basu
[C]Montek Singh Ahluwalia
[D]Nandan Nilkeni


9. Majuli, the largest river island in the world is located in which among the following states of India?
[A]Assam
[B]Manipur
[C]Meghalaya
[D]Nagaland


10. Hajigak, which was recently making news for its Iron Ore deposits, is located in which among the following countries?
[A]Pakistan
[B]Kazakhstan
[C]Uzbekistan
[D]Afghanistan


11. "Panikulangara" is a variety of which among the following?
[A]Pepper
[B]Cardamom
[C]Mustard
[D]Rice


12. The recent flight of PSLV C-16 has placed which among the following satellites in orbit?
[A]Resourcesat-2
[B]Cartostat 2B
[C]Resourcesat -1
[D]INSAT 4C


13. As per seismic zoning map of Government of India, Jaitapur site falls within which among the following?
[A]Zone II
[B]Zone III
[C]Zone IV
[D]Zone V


14. From which among the following states, 1st ever post independence Socio-Economic and Caste Census 2011 began on 29 June 2011?
[A]Nagaland
[B]Tripura
[C]Maharastra
[D]Kerala


15. What is the minimum annual investment limit in New Pension Scheme ?
[A]Rs. 1000
[B]Rs. 6000
[C]Rs. 10000
[D]Rs. 12000