11. What is the current repo rate in the second bi-monthly monetary policy review of RBI for FY20?
[A] 5.25%
[B] 5.50%
[C] 5.75%
[D] 5.0%
Show Answer
Correct Answer: C [5.75%]
Notes:
On June 6, the 6-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 5.75% from 6.0% with immediate effect in its 2nd bi-monthly monetary policy statement for 2019-20. Repo rate is the interest rate at which the central bank provides liquidity to banks to overcome short-term liquidity mismatches. A repo rate cut allows banks to reduce interest rates for consumers on loans, and lowers equal monthly installments on home loans, car loans and personal loans. Consequently, the reverse repo rate stands adjusted to 5.50%, and the Marginal Standing Facility (MSF) rate and the Bank Rate to 6.0%. Beside this, RBI has also unanimously decided to change the stance of monetary policy from neutral to accommodative. The next meeting of the MPC is scheduled during August 5 to 7.
12. Dzukou Valley, which is in news recently, is located in which of the following North-East states of India?
[A] Assam
[B] Mizoram
[C] Nagaland
[D] Arunachal Pradesh
Show Answer
Correct Answer: C [Nagaland]
Notes:
In Nagaland, the scenic Dzukou Valley has been officially declared Plastic Free Zone on the occasion of 2019 World Environment Day (WED). The declaration was made officially by Advisor of Youth Resources and Sports, Zale Neikha. The much-appreciated initiative on declaring this scenic valley as a ‘plastic-free zone’ was taken by Southern Angami Youth Organisation (SAYO) in accordance with its pledge to conserve and protect the environment. The Dzukou valley is situated at an altitude of 2452 m above sea level. It is famous for its wide range of flower in every season. The rare Dzükou Lily is found only in this valley.
13. The Airports Authority of India (AAI) has recently signed pact with which company to modernize air traffic management in India?
[A] Airbus
[B] Boeing
[C] Embraer
[D] Dassault Aviation
Show Answer
Correct Answer: B [Boeing ]
Notes:
The US aircraft maker Boeing co and national airports body Airports Authority of India (AAI) have signed a technical assistance agreement for developing a comprehensive roadmap for modernisation of air traffic services in the country. The air traffic services comprise Communication, Navigation and Surveillance (CNS) and Air Traffic Management (ATM). The 10-year modernisation roadmap will be undertaken with a grant from the US Trade and Development Agency (USTDA ). The agreement is aimed at developing a roadmap for AAI to use as guidance in the modernisation of the Indian National Airspace System (NAS) based on global and local best practices to optimally utilize airspace capacity, enhance CNS/ATM. Under the agreement, Boeing will analyse current technologies and processes to identify efficiency improvements that can be implemented while maintaining a practical and safe airspace system.
14. Who has become the first South Asian American woman to chair US House?
[A] Medha Yodh
[B] Kausalya Hart
[C] Pramila Jayapal
[D] Gayatri Spivak
Show Answer
Correct Answer: C [Pramila Jayapal]
Notes:
Indian-American Congresswoman, Pramila Jayapal has become the first South Asian American woman to preside over the US House of Representatives. She is a Democrat from Washington DC. The 116th Congress broke records with women and lawmakers crossing racial and religious barriers, including an all time high for Asian American lawmakers. A record number of 17 Asian Americans serve in Congress, with 14 in the House and three in the Senate.
15. Laldingliana Sailo, who passed away recently, was the noted editor of which news channel?
[A] Zee News
[B] Indian Express
[C] Doordarshan
[D] The Hindu
Show Answer
Correct Answer: C [Doordarshan ]
Notes:
Laldingliana Sailo (76), the former Doordarshan and All India Radio (AIT) news editor, has passed away in Aizawl. Sailo, a senior officer in the Indian Information Service (IIS), was inducted as Field Publicity Officer (FPO) under the Ministry of Information and Broadcasting (I&B) in the year 1972. His first posting was in Arunachal Pradesh Tawang. After the stints in AIR, Kohima and Aizawl and News Services Division in New Delhi, he was transferred to Doordarshan Kendra Aizawl with additional charge of RNU, AIR, Aizawl. He retired as Director in the Directorate of Field Publicity for Kohima Region.
16. Which is the most congested city in the world, according to TomTom Traffic Index 2018?
[A] Lima
[B] New Delhi
[C] Moscow
[D] Mumbai
Show Answer
Correct Answer: D [Mumbai ]
Notes:
The TomTom Traffic Index 2018, carried out by location technology specialist TomTom, covered 403 cities in 56 countries and defined congestion as the extra time added to road travel when traffic doesn’t flow freely. Mumbai topped the list of cities with drivers expecting to spend an average of 65% extra travel time stuck in traffic. New Delhi ranked 4th with a congestion rank of 58%. Bogota (63%) in Colombia and Lima in Peru (58%) were ranked second and third on the list respectively, while the Russian capital Moscow (56%) ranked fifth. The study found that in 2018, the best time to drive in Mumbai was between 2 am and 5 am, when traffic flowed freely.
17. Who has won the 2019 Women’s Prize for Fiction?
[A] Zadie Smith
[B] Kamila Shamsie
[C] Tayari Jones
[D] Kate Mosse
Show Answer
Correct Answer: C [Tayari Jones]
Notes:
American author Tayari Jones has won the 2019 Women’s Prize for Fiction for her novel “An American Marriage”. The book portraits a young African American’s wrongful conviction and how it affects his marriage. It is a story of love, loss and loyalty, the resilience of the human spirit painted on a big political canvas – that shines a light on today’s America. Jones wins £30,000 and the “Bessie” – a limited edition bronze figurine. The prize is one of the biggest international celebrations of women’s creativity.
18. Greta Thunberg, who won the Amnesty International’s Ambassador of Conscience Award for 2019, is from which country?
[A] Germany
[B] Sweden
[C] Portugal
[D] France
Show Answer
Correct Answer: B [Sweden]
Notes:
The 16-year-old Swedish teen climate activist Greta Thunberg and her “Fridays for Future” global movement has won a prestigious Amnesty International’s Ambassador of Conscience Award for 2019. She has been recognized for mobilizing world public opinion on the looming peril of global warming. The Fridays for Future movement was started in August 2018 by Greta Thunberg, who decided to miss school every Friday and protest outside the Swedish parliament until it took more serious action to tackle climate change. Her efforts to raise awareness of the climate crisis quickly went global. Her strike inspired millions of students to skip school to join protests demanding faster action on climate change. The movement has now spread beyond Sweden to other European nations.
19. Which of the following parties has become the first Political Outfit from the Northeast to get Status of National Party?
[A] National People’s Party
[B] All India United Democratic Front
[C] Hill State People’s Democratic Party
[D] Indigenous Peoples Front of Tripura
Show Answer
Correct Answer: A [National People’s Party]
Notes:
The ruling National People’s Party (NPP), which is in an alliance with the BJP in Meghalaya, has been granted recognition as a national party by the Election Commission of India (ECI). As per the party’s request, the symbol ‘book’ has been allotted to it. With this, the NPP has become the first party from the North East (NE) to get the national party status. It is a recognized party in four states of the region viz. Meghalaya, Manipur, Arunachal Pradesh and Nagaland. According to the Election Symbols (Reservation and Allotment) Order of 1968, a political party can be recognised as a national party if its candidates secure at least 6% of votes polled in four or more states in Lok Sabha or assembly elections. In addition, it has at least 4 members in the Lok Sabha. It also has to have at least 2% of the total Lok Sabha seats and its candidates come from not less than 3 states. Third, it is recognised as a state party in at least four states.
20. Who lifted the men’s singles title at the 2019 French Open tennis tournament?
[A] Dominic Thiem
[B] Rafael Nadal
[C] Novak Djokovic
[D] Roger Federer
Show Answer
Correct Answer: B [Rafael Nadal]
Notes:
In Tennis, World No. 2 Rafael Nadal has lifted the French Open Men’s Singles title for the 12th time. In the summit clash played at Paris on June 9, he defeated Austrian fourth seed Dominic Thiem, 6-3, 5-7, 6-1, 6-1 to win at the Roland Garros for the third straight year. Hence, Nadal became the first player to win 12 Singles titles at the same Grand Slam and has now won 18 majors overall. Nadal is now just two titles behind Roger Federer’s all-time record of 20 majors and is three ahead of world number one Novak Djokovic. Nadal also took his Paris record to an astonishing 93 wins and just two losses. The win also gave Nadal an 82nd career title and 950th match win.