41. How much money does Krishak Bandhu Scheme offer to the farmers?
[A] 5000
[B] 2000
[C] 2500
[D] 1000
Show Answer
Correct Answer: A [5000]
Notes:
In 2019s budget, the state announced also a Krishak Bandhu scheme, its own version of the federal PM-Kisan cash transfer scheme, which offers ?5,000 a year to 7.2 million farmers and landless share-croppers.
42. Which company will buy Billdesk for $4.7 billion in September 2022?
[A] PayU
[B] Razorpay
[C] Paypal
[D] Paytm
Show Answer
Correct Answer: A [PayU]
Notes:
The Competition Commission of India (CCI) has finally allowed the 100 per cent of equity share capital of Indiaideas.com (BillDesk) by PayU Payments.
43. Who has recently taken up the position of Secretary of the Department of Commerce?
[A] Harsh Chouhan
[B] Sunil Barthwal
[C] Priyank Kanungo
[D] Bhagwan Lal Sahni
Show Answer
Correct Answer: B [Sunil Barthwal]
Notes:
Shri Sunil Barthwal assumed charge as Secretary, Department of Commerce. Prior to this he was serving as Secretary, Ministry of Labour & Employment. Shri Barthwal is an Indian Administrative Service (IAS) Officer of Bihar Cadre. He is a postgraduate in Economics.
44. Which organization has recently appointed Kishor K. Basa as its chairman?
[A] NASSCOM
[B] Bureau of Indian Standards
[C] National Housing Bank
[D] National Monuments Authority
Show Answer
Correct Answer: D [National Monuments Authority]
Notes:
Kishor K Basa has been appointed as the chairman of National Monuments Authority (NMA).
45. Identify the term from the following statements:
- It is a process of giving contracts.
- Recently SBI and Union Bank auctioned for KSK Mahanadi Power loans under it.
- It is a method where third parties make offers (challenges) for a project.
[A] Swiss challenge
[B] Anchor investment
[C] Cobweb phenomenon
[D] Rentier State
Show Answer
Correct Answer: A [Swiss challenge ]
Notes:
A ‘Swiss Challenge’ allows private players to submit unsolicited project proposals, which can be improved upon by others during a designated period, helping to control project costs. Anchor investors are institutional investors who commit to purchasing shares in an IPO before it opens, ensuring demand by investing a minimum of ₹10 crore. The cobweb phenomenon describes cyclical price fluctuations in certain goods due to faulty producer expectations. A rentier state relies on revenue from selling valuable resources to foreign clients, a concept introduced by Iranian economist Hossein Mahdavy in 1970.
46. With respect to the External Benchmark Lending Rate, RBI has offered banks the options to choose from external benchmarking mechanisms. Which of the following mechanisms is included in it?
- RBI repo rate
- The 91-day T-bill yield
- The 182-day T-bill yield
- Any other benchmark market interest rate
Choose the correct answer using the codes given below:
[A] Only1 & 2
[B] Only 1, 2 & 3
[C] Only 2 & 3
[D] 1, 2, 3 & 4
Show Answer
Correct Answer: D [1, 2, 3 & 4]
Notes:
The Reserve Bank of India (RBI) offers banks four external benchmark options for lending rates: RBI repo rate, 91-day T-bill yield, 182-day T-bill yield, or other market interest rates from Financial Benchmarks India Pvt. Ltd. The Marginal Cost of Lending Rate (MCLR), effective since April 2016, is the minimum interest rate for floating-rate loans, based on marginal cost of funds, cash reserve ratio, operating costs, and tenor premium. The base rate is determined by the cost of funds, unallocated resource costs, and return on net worth, varying by bank. The Benchmark Prime Lending Rate (BPLR) was used until June 2010, pricing loans based on actual cost of funds.
47. Who among the following is a recipient of Padma Bhushan for the year 2018 in the field of Art-Painting?
[A] Laxman Pai
[B] Arvind Parikh
[C] Sharda Sinha
[D] Ramachandran Nagaswamy
Show Answer
Correct Answer: A [Laxman Pai]
Notes:
Contemporary Indian artist Laxman Pai received Padma Bhushan for the year 2018 in the field of painting. Padma Bhushan is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri.
48. The Delhi High Court has allowed the release of the movie‘72 Hours–Martyr who never died’, based on the life of which war hero Rifleman of 1962, who was posthumously awarded the Maha Vir Chakra for gallantry?
[A] Jaswant Singh Rawat
[B] Harbans Singh Virk
[C] Man Mohan Khanna
[D] Rajendra Singh
Show Answer
Correct Answer: A [Jaswant Singh Rawat]
Notes:
The Delhi High Court in January 2019 allowed the release of the movie ‘72 Hours – Martyr who never died,’ based on the life of the 1962 war hero Rifleman Jaswant Singh Rawat. Rawat was posthumously awarded the Maha Vir Chakra for gallantry during the 1962 war.
49. Who won the 2019 Pulitzer Prize for poetry?
[A] Andrew Sean Greer
[B] Forrest Gander
[C] Richard Powers
[D] Frank Bidart
Show Answer
Correct Answer: B [Forrest Gander]
Notes:
Forrest Gander won the Pulitzer Prize for Poetry in 2019 for “Be With”. He is an American poet, translator, essayist, and novelist and holds the position of A.K. Seaver Professor Emeritus of Literary Arts & Comparative Literature at Brown University.
50. Which Indian contemporary artist was awarded the 7th Joan Miro Prize 2019?
[A] Nalini Malani
[B] Atul Dodiya
[C] Arpita Singh
[D] Vivan Sundaram
Show Answer
Correct Answer: A [Nalini Malani]
Notes:
The Fundació Joan Miró and the bank La Caixa in Spain have given the 2019 Joan Miró Prize, an award bestowed annually to a contemporary artist whose works deal with themes similar to those of the Spanish Surrealist, to Nalini Malani. The prize conveys 70,000 and a solo show that is set to open at the Fundació Joan Miró in Barcelona in 2020.
