31. When was the ‘Insolvency and Bankruptcy Board of India’ set up in India?
[A] 2010
[B] 2012
[C] 2016
[D] 2018
Show Answer
Correct Answer: C [2016]
Notes:
The Insolvency and Bankruptcy Board of India (IBBI) was set up in the year 2016. IBBI has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2016.
Under the amendment, the operational creditors have to furnish extracts of Form GSTR-1, Form GSTR-3B and e-way bills. It also places a duty on the corporate debtor, its promoters or any other associated person to provide the information as sought by resolution professional.
32. Which Indian conglomerate got approval from the RBI for merger of its units, and is set to become the largest retail finance NBFC in India?
[A] Godrej Group
[B] Bajaj Group
[C] Shriram Group
[D] Muthoot Group
Show Answer
Correct Answer: C [Shriram Group]
Notes:
The Shriram Group has secured RBI approval for the merger of Shriram City Union Finance and Shriram Capital Ltd with Shriram Transport Finance Company.
This consolidation is set to create the largest retail finance NBFC in the country. The merger would help the group bring together all its lending products. The Group announced that it would focus on digital lending, with distribution on a newly built super application.
33. What is the share of funding of Central Government in the Pragati Maidan Integrated Transit Corridor Project?
[A] 100 %
[B] 90 %
[C] 75 %
[D] 50 %
Show Answer
Correct Answer: A [100 %]
Notes:Prime Minister Narendra Modi inaugurated the main tunnel and five underpasses of Pragati Maidan Integrated Transit Corridor Project in New Delhi.
The project is fully funded by the central government and is built at a cost of over ₹920 crore. The project is aimed at providing hassle free access to the new exhibition and convention centre being developed at Pragati Maidan. It is a part of Pragati Maidan Redevelopment Project.
34. ‘Unmesh’ is an international literary festival, organised at which state/UT?
[A] Karnataka
[B] Kerala
[C] Himachal Pradesh
[D] Gujarat
Show Answer
Correct Answer: C [Himachal Pradesh]
Notes:
Three-day international literary festival ‘Unmesh’ was organised at the state of Himachal Pradesh. The festival was inaugurated by Union Minister of State for Culture Arjun Ram Meghawal.
Over 425 writers, poets, translators, critics and personalities from 15 countries, representing over 60 languages, are participating in the event. The festival is being organised by the Union Ministry of Culture and the Sahitya Akademi with the support of the Himachal Pradesh Department of Art and Culture as part of the ‘Azadi Ka Amrit Mahotsav’.
35. Which is the venue of the Plenary Session of 110th International Labour Conference?
[A] Geneva
[B] Paris
[C] New York
[D] Rome
Show Answer
Correct Answer: A [Geneva]
Notes:
Union Minister Bhupender Yadav addressed the Plenary Session of 110th International Labour Conference in Geneva.
The International labour Conference sets the international labour standards and the broad policies of the ILO. It is the largest international gathering attended by representatives of governments, employers and workers from the 187 ILO Member States.
36. Which state has announced to conduct a ‘Migration Survey’ to expand the data bank of expatriates?
[A] Maharashtra
[B] Kerala
[C] Punjab
[D] Gujarat
Show Answer
Correct Answer: B [Kerala]
Notes:
Kerala Chief Minister Pinarayi Vijayan announced that the data bank of Expatriate Malayalees will be expanded by conducting the Kerala Migration Survey.
A ‘Pravasi data portal’ will be prepared for the survey while the state will conduct an extensive global registration campaign. The Chief Minister addressed online the valedictory meeting of the third edition of the Loka Kerala Sabha.
37. ‘Operation Sankalp’, which was seen in the news, is associated with which armed force?
[A] Indian Army
[B] Indian Navy
[C] Indian Air Force
[D] Indian Coast Guard
Show Answer
Correct Answer: B [Indian Navy]
Notes:
Indian Navy’s stealth Frigate, INS Talwar is deployed for Operation Sankalp commemorating the 3rd continuous year of Indian Navy’s presence in the Gulf for protection of India’s Maritime Interests.
After attacks on merchant ships in the Gulf of Oman in June 2019, and the deteriorating security situation in the Gulf region, Indian Navy had commenced Maritime Security Operations, code named ‘Op SANKALP’, in the Gulf Region to ensure safe passage of Indian Flag Vessels transiting through the Strait of Hormuz.
38. ‘CERT-In’ functions under the aegis of which Union Ministry?
[A] Ministry of Electronics and Information Technology
[B] Ministry of Science and Technology
[C] Ministry of Finance
[D] Ministry of Power
Show Answer
Correct Answer: A [Ministry of Electronics and Information Technology]
Notes:
‘CERT-In’, the Indian Computer Emergency Response Team is an office within the Ministry of Electronics and Information Technology. It is the nodal agency to deal with cyber security threats.
‘CERT-In’ recently issued threat alerts for multiple software including Adobe and Microsoft products on their website, shared multiple vulnerabilities affecting products from Citrix, Adobe, Microsoft, and Zimbra webmail.
39. Which Indian bagged the Lance Pannell Pacific International Snooker title in Melbourne?
[A] Pankaj Advani
[B] Sourav Kothari
[C] R Praggnananda
[D] Geet Sethi
Show Answer
Correct Answer: B [Sourav Kothari]
Notes:
Former world billiards champion Sourav Kothari of India won the Lance Pannell Pacific International Snooker title in Melbourne and Pacific International Billiards Championship.
The 37 year old became only the second cueist ever to achieve a double title in the Pacific International after Matthew Bolton of Australia.
40. What is the objective of the ‘PLI scheme for Telecom’?
[A] Incentivise Design-led manufacturing in Telecom
[B] Decrease Customs Duty of Imported ICs
[C] Incentivise Exporters of Telecom products
[D] Roll out of 5 G Service
Show Answer
Correct Answer: A [Incentivise Design-led manufacturing in Telecom]
Notes:
The Department of Telecommunications (DoT) notified the production-linked incentive (PLI) scheme for telecom in 2021, aimed towards incentivising design-led manufacturing in the sector.
Recently the DoT has extended the PLI scheme by one year, and has amended the scheme to raise the incentive rate by an additional 1 per cent. The Centre will provide additional incentives of over Rs 4,000 crore.