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IPO Exam 2019: Current Affairs Questions and Answers August 2018 (Parti I)

1.         On August 1,2018, the Union Cabinet, chaired by Prime Minister Narendra Modi, cleared the purchase of 51 % controlling stake in IDBI bank by which entity?

1.Life Insurance Corporation (LIC)

2.State Bank of India

3.Reserve Bank of India

4.Aditya Birla Insurance
5.None of these
Answer - 1.Life Insurance Corporation (LIC)
Explanation:

On August 1,2018, The Union Cabinet, chaired by Prime Minister Narendra Modi , cleared the purchase of 51 per cent controlling stake in IDBI bank by state-run insurer Life Insurance Corporation (LIC). According to the deal the bank will get Rs 10,000 crore to Rs 13,000 crore depending on the share price. This was done to raise the capital of the IDBI Bank to pay off debts. Earlier LIC had 7-7.5 per cent stake in the bank.


2.         On August 1, 2018, India and Germany signed an agreement on financial and technical cooperation. As per this agreement, Germany will give _____ for development of India?

1.Rs 8,500 crore

2.Rs 2,500 crore

3.Rs 3,786 crore

4.Rs 4,789 crore
5.None of these
Answer - 1.Rs 8,500 crore
Explanation:

On August 1, 2018, India and Germany signed an agreement on financial and technical cooperation. According to this agreement, Germany will give nearly Rs 8,500 crore (1,055 million Euros) for development of India. This will focus on sustainable urban development and renewable energy in areas of sanitation, solid waste management and promotion of urban mobility. This cooperation will help reduce the greenhouse gases emission.


3.         Where was the first 'Nepal-India Think Tank' Summit held on 31st July 2018?

1.Kathmandu, Nepal

2.New Delhi, India

3.Mumbai, India

4.Bengaluru, India
5.None of these

Answer - 1.Kathmandu, Nepal
Explanation:

It was inaugurated by Former Prime Minister of Nepal and Co-Chairman of ruling Nepal Communist Party, Pushpa Kamal Dahal 'Prachanda'. It was jointly organized by the Asian Institute of Diplomacy and International Affairs and Nehru Memorial Museum Library. It consisted of 4 sessions. The summit will be hosted alternatively in Nepal and India annually.

4.         What is the name of new scheme launched by Ministry of Culture in India and total outlay of the scheme is Rs. 325.00 Crores for financial years 2018-19 and 2019-20?

1.Sukanya Samridhi Yojana

2.Seva Bhoj Yojna

3.Rashtriya Swasthya Bima Yojna

4.Pradhan Manthri Mudra Yojna
5.None of the above
Answer - 2.Seva Bhoj Yojna
Explanation:

On August 2, 2018, the Ministry of Culture, Government of India launched the new scheme Seva Bhoj Yojna.Total outlay of the scheme is Rs. 325.00 Crores for financial years 2018-19 and 2019-20.To reimburse the CGST and IGST to Religious / Charitable Institutions who provide Food free of cost without any discrimination to Public/Devotees.

5.         Who has launched Logo, tagline for Geographical Indications (GI) by Commerce and Industry?

1.Minister of Statistics and Programme Implementation

2.Minister of Science and Technology

3.Minister of External affairs

4.Minister of Information and broadcasting
5Minister of Commerce and Industry
Answer - 5.Minister of Commerce and Industry

Explanation:

On August 2, 2018, the Commerce and Industry Minister Suresh Prabhu launched a logo and tagline for Geographical Indications (GI) to create awareness about Intellectual Property Rights (IPRs)

6.         Which country based SBM Group became the first foreign lender has received Reserve Bank of India’s approval to operate in the country as SBM Bank (India)?

1.  Maldives
2.  Bahamas
3.  Seychelles
4.  Namibia
5. Mauritius
Answer - 5. Mauritius
Explanation:

On August 2, 2018, RBI has given approval to State Bank of Mauritius to operate in the country through a wholly-owned subsidiary route under the name SBM Bank(India) . It is the first such bank to get such approval


7.         Name the Indian origin mathematician wins prestigious Fields Medal.
1.  Manjul Bhargava
2.  Akshay Venkatesh
3.  Kannan Soundarajan
4.  Srinivasa Reddy
5. None of above
Answer - 2. Akshay Venkatesh
Explanation:

On 1st August 2018, Akshay Venkatesh, an Indian-Australian mathematician, was awarded the Fields medal at the International Congress of Mathematicians in Rio de Janeiro, Brazil. Akshay Venkatesh is one of the 4 winners of the Fields medal. Fields medal is also known as the Nobel prize for mathematics.

8.         Who has become the sixth Indian woman tennis player to enter the top-200 rankings in singles in the WTA chart with rank 200?

1.Karman Kaur Thandi

2.Ankita Agrawal

3.Aruna Budda Reddy

4.Poornima Rao
5.None of these
Answer - 1.Karman Kaur Thandi
Explanation:

On August 3, 2018, Karman Kaur Thandi became the sixth Indian woman tennis player to crack the top-200 rankings in singles in the WTA chart. She is now ranked 200. She jumped 32 places to reach a career-best 200 in the WTA chart. She her maiden ITF singles title in Hong Kong and making the semifinals in two others in China.

9.         Where has the World’s First Intertidal Art Gallery named Coralarium been opened?

1.Mauritius

2.Maldives

3.Seychelles Island

4.Sri Lanka

5. None of these
Answer - 2.Maldives
Explanation:

The Intertidal art gallery called Coralarium is located at the Fairmont Madives Sirru Fen Fushi resort. The Art Gallery is filled with around 30 Sculptures acting as a habitat for coral and other marine species. The frame of the gallery is made up of pH-neutral marine steel and designed to reflect the blue hues surrounding it.

10.     Which country was elected as the President of the Asia-Pacific Institute for Broadcasting Development (AIBD) for a period of two years, on 4th August 2018?

1.China

2.India

3.United States

4.Canada
5.None of these
Answer - 2.India
Explanation:

On August 4, 2018, India was elected as the President of the Asia-Pacific Institute for Broadcasting Development (AIBD) for a period oftwo years. India won for the first time against Iran. Director General of All India Radio F. Sheheryar was re-elected as chair of the executive board. Sri Lanka was elected as vice-chair. This took place at the 44th annual gathering of AIBD in Colombo in August 3,2018. The three-day gathering was inaugurated by Sri Lankan Minister of Finance and mass media Mangala Samarweera.


11.     Edelweiss Tokio Life Insurance has tied up with which small finance bank to offer specialised product offerings to the bank customers?

1.Fincare Small Finance Bank

2.Jana Small Finance Bank

3.City Small Finance Bank

4.AU Small Finance Bank
5.None of these
Answer - 1.Fincare Small Finance Bank
Explanation:

On August 4, 2018, Edelweiss Tokio Life Insurance has tied up with Fincare Small Finance Bank to offer specialised product offerings to the bank customers. It aims is to push life insurance to the rural population. As per the Mou, two products will be offered: Point of Sale (POS) product (‘Saral Navesh’ endowment life insurance plan ) and a protection product. The PoS product offers a sum assured from Rs 50,000 to Rs 1 million, with premium payments from Rs 5,000 to Rs 100,000 (annually) for a policy term of 10-20 years which may be purchased for either a death benefit or maturity benefit. This will give Edelweiss Tokio Life Insurance access to a customer base.

12.     How many additional days will be provided for resolution of 34 stressed power projects, according to a report by government committee under Cabinet Secretary Pradeep Kumar Sinha?

1.120

2.60

3.90

4.180
5.None of these
Answer - 4.180
Explanation:

On August 5, 2018, according to a government report, additional 180 days will be provided for resolution of 34 stressed power projects. This would be allowed to commissioned power projects which have been commissioned before February 12 or have not been referred to NCLT. During this time banks should undertake more intensive monitoring of the said assets to avoid them into turning into NPAs. Power plants with capacity of about 40,000 MW will be considered differently.


13.     On August 5, 2018, which country surpassed China and became the world's second-largest stock market, according to Bloomberg’s data?

1.   Japan
2.Russia
3.Germany
4.India
5.None of these
Answer - 1.Japan
Explanation:

On August 5, 2018, according to Bloomberg’s data Japan is now the world's second-largest stock market. It has overthrown China as its total equity is $6.17 trillion and that of China’s is $6.09 trillion. The United States is the world’s biggest market for stocks, with total worth just over $31 trillion. Earlier, China overtook Japan in 2014.

14.     When will the India Post Payments Bank be launched by Prime Minister Narendra Modi with a focus on rural areas?

1.August 21, 2018

2.March 2, 2019

3.January 1, 2019

4.April 3, 2019
5.None of these
Answer - 1.August 21, 2018
Explanation:

On August 5, 2018, the central government announced that PM Modi will launch India Post Payments Bank on August 21 with a focus on rural areas. 648 branches will be launched across country in every district. Government will link all the 1.55 lakh post office branches with IPPB services. This will create the country's largest banking network.


15.     Which Indian golf player has won his first European Tour title at the Fiji International, at Natadola Bay Championship Golf Course, in Fiji?

1.Ajeetesh Sandhu

2.Navjeet Siddhu

3.Gaganjeet Bhullar

4.Pranesh Mathur
5.None of these
Answer - 3.Gaganjeet Bhullar
Explanation:

Gaganjeet Bhullar won the title at the Fiji International with a six-under 66 for a four-day total of 14-under 274. Australia’s Anthony Quayle finished in the second position. South Africa's Ernie Els finished at tied third with Australia’s Ben Campbell. Another Indian Ajeetesh Sandhu finished at tied 43rd position. This is Gaganjeet Bhullar’s 10th overall title. Now he has become the most successful Indian golf player on Asian Tour.

16.     Reserve Bank of India (RBI) has allowed non-fund-based _____ at State levels to revive India’s co-operative banking sector?

1.Umbrella organisations (UO)

2.Prime organisations (PO)

3.Terminal organisations (CO)

4.Central Organisations (CO)
5.None of these
Answer - 1.Umbrella organisations (UO)
Explanation:

On August 5, 2018, the Reserve Bank of India (RBI) has allowed non-fund-based Umbrella organisations(UO) at State levels to revive India’s co-operative banking sector. It would conduct non-fund activities in the areas of training, capacity building and IT infrastructure and research. Gujarat is the first State in the country to have an UO for the UCB sector. Along with this, it is conducting a two-day conference and exhibition of co-operative banking sector under the name Sahakar Setu 2018, in Ahmedabad, from August 4-5.

17.     Which state government is setting up a biotech and pharma facility named B-Hub, which will be India’s first organised cluster for life sciences Research & Development at Genome Valley?

1. Gujarat
2.Tamil Nadu
3.Kerala
4.Telangana
5.None of these
Answer - 4.Telangana
Explanation:

It has been built with an investment of Rs.60 crore. The space for the facility is: 40,000 square feet. The B-Hub will be set up through the PPP (Public-Private Partnership) model. Along with this a dedicated web portal for the life sciences sector has been launched. It would create an interface between the government, Industries, Research Institutions and Start-ups.

18.     Which Indian state unveiled the world's first-ever thermal battery on 6th August 2018?

1.Telengana

2.Andhra Pradesh

3.Madhya Pradesh

4.Chhattisgarh
5.None of these
Answer - 2.Andhra Pradesh
Explanation:

On August 6, 2018, Chief Minister N Chandrababu Naidu unveiled the world's first-ever thermal battery in Amravati, Andhra Pradesh state. It has been manufactured by the Bharat Energy Storage Technology Private Limited (BEST). It had an estimated cost of Rs 660 crore. It has a capacity of 1,000 MW and would be enhanced to 10 GW in the next six to seven years. The plant in Andhra Pradesh is expected to start commercial operations by May 2019.


19.     Where was the 5th Act East Business Show -2018 held from 20th to 23rd June 2018?

1.Guwahati, Assam

2.Agartala, Tripura

3.Shillong, Meghalaya

4.Itanagar, Arunachal Pradesh
5.None of these
Answer - 3.Shillong, Meghalaya
Explanation:

Aim: to strengthen business ties between ASEAN countries and northeastern states. Also, to explore the potential of Meghalaya and its neighboring states.

Organised by: Indian Chamber of Commerce along with Ministry of Development of North Eastern Region (MDoNER).

Participation: delegates from ASEAN countries like Singapore, Taiwan, and Vietnam, etc. participated.
Inaugurated by: Meghalaya Chief Minister Conrad K Sangma.

Main focus was to boost the bamboo sector of the region. North eastern states have great potential for development of bamboo-based industries.

20.     Who won the women’s singles title of BWF World Championships 2018, held in Nanjing, China?

1.Carolina Marin

2.P V Sindhu

3.Naomi Okura

4.Mayu Matsumoto
5.None of these
Answer - 1.Carolina Marin
Explanation:










Event
Gold medal
Silver medal














Men’s Singles
Kento Momota (Japan)
Shi Yuqi (China)


































Women’s Singles
Carolina Marin (Spain)
P V Sindhu (India)

















Men’s Doubles
Li Junhui (China), Liu Yuchen
Takeshi Kamura (Japan),




(China)
Keigo Sonoda (Japan)






















Women’s Singles
Mayu Matsumoto (Japan),
Yuki Fukushima (Japan),




Wakana Nagahara (Japan)
Sayaka Hirota (Japan)






















Mixed Doubles
Zheng Siwei (China), Huang
Wang Yilü (China), Huang




Yaqiong (China)
Dongping (China)
























21.     On August 7, 2018, the National Academy of Art, Lalit Kala Akademi (LKA) celebrated its 64th Foundation Day, in which the book “A Painter of Eloquent Silence” was launched. Name the author of the book?

1.Anshul Agarwal

2.Rajesh Vidyarthi

3.Pranav Ranjan Ray

4.Krishnamoorthy S
5.None of these
Answer - 3.Pranav Ranjan Ray
Explanation:

Dr. Mahesh Sharma released the logo of the 12th Triennale India which is scheduled to be organised by the Akademi in December 2018. A book on eminent artist Ganesh Pyne- “A Painter of Eloquent Silence” written by Pranav Ranjan Ray was launched. A demonstration of clay modelling named ‘AAO..MITTI ME KHELE...’was organised by the Akademi at Dr. Rajendra Prasad Sarvodaya Vidyalaya situated at the President Estate. The objective of the workshop was to inculcate creativity in the children.

22.     Name the joint military exercise between Indian Army and Royal Thai Army, that began on 7th August 2018, in Chachoengsao province , Thailand?

1.Exercise Maitree

2.Exercise Bimbax

3.Exercise Garuda Shakthi

4.Exercise Vijay Prahar
5.None of these
Answer - 1.Exercise Maitree
Explanation:

On August 7, 2018, the opening ceremony of Exercise Maitree, a joint military exercise between Indian Army and Royal Thai Army , was held in Chachoengsao province , Thailand. It will be conducted between August 6-19th 2018. The exercise will comprise of

honing of tactical and technical skills in joint counter insurgency and
counter terrorist operations in rural and urban scenario under UN mandate,
increasing interoperability between forces from both countries ,
tactical drills for neutralization of likely threats in urban warfare scenario

23.     What is the rank of Indian men's hockey team in the latest FIH rankings released on 7th August 2018?

1.4

2.3

3.6

4.5
5.None of these
Answer - 4.5
Explanation:
Rank
Country
Points









1
Australia
1906









2
Argentina
1883









3
Belgium
1709









4
Netherlands
1654









5
India
1484











24.     On August 7, 2018, Mario Gomez announced his retirement from international football. Which country does he belong to?

1.Germany

2.France

3.Australia

4.Brazil
5.None of these
Answer - 1.Germany
Explanation:

On August 7, 2018, Veteran German striker Mario Gomez announced his retirement from international football. The 33-year-old made his debut for Germany in 2007. He scored 31 goals in 78 international appearances. He also represented his country at the FIFA World Cup in 2010 and 2018 and the Euro Cup in 2008 and 2012.

25.     Which tennis player has secured the top spot in the men's Association of Tennis Professionals (ATP) world singles rankings released on 6th August 2018?

1.Roger Federer

2.Rafael Nadal

3.Dominic Thiem

4.Novac Djokovic
5.None of these
Answer - 2.Rafael Nadal
Explanation:












Rank

Player

Points

















1


Rafael Nadal (Spain)

9310

















2


Roger Federer (Switzerland)

7080

















3


Alexander Zverev (Germany)

5665

















4


Juan Martin del Potro (Argentina)

5455

















5


Grigor Dimitrov (Bulgaria)

4610

















6


Kevin Anderson (South Africa)

4355

















7


Marin Cilic (Croatia)

3905
















8

Dominic Thiem (Austria)

3665









9

John Isner (USA)

3490









10

Novak Djokovic (Serbia)

3355












26.     On August 7, 2018, the Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari launched a portal named BIMS. Expand BIMS?

1.Biofuel Information Management System

2.Bidder Information Management System

3.Banking Internal Management System

4.Boosting Information Management System
5.None of these

Answer - 2.Bidder Information Management System
Explanation:

The portal will work as a data base of information about bidders, covering basic details, civil works experience, cash accruals and network, annual turnover etc. It will streamline the process of pre-qualification of bidders by analyzing data already stored in the portal. BIMS will be used by all the project implementation agencies of the Ministry for maintenance and evaluation of technical information of civil works. The bidders would be responsible for ensuring that their latest details are available on the BIMS portal.


27.     Which country won the Women's Hockey World Cup 2018 that concluded in London on 5th August 2018, becoming world champions in Women’s hockey for a record 8th time?

1.Iran

2.Ireland

3.Netherlands

4.South Korea
5.None of these

Answer - 3.Netherlands
Explanation:

Defending champions the Netherlands defeated Ireland 6-0 in the finals and won the Women's Hockey World Cup 2018 title. The Netherlands have emerged as the world champions in Women’s hockey for a record 8th time. They have extended their unbeaten performance in all competitions to 32 matches. Kitty van Male, one among the 6 different goal scorers emerged as the top scorer of the tournament with 8 goals. Spain won the third place match by defeating Australia 3-1 and won their first World Cup medal. India finished the tournament at 8th position.

28.     Who created a world record for the 50 metres backstroke as he won the European Championship title in Glasgow, Scotland, on 4th August 2018?

1.Kliment Kolesnikov

2.Liam Tancock

3.Robert-Andrei Glinta

4.Robert Alimov
5.None of these

Answer - 1.Kliment Kolesnikov
Explanation:

On 4th August 2018, Kliment Kolesnikov of Russia created a world record for the 50 metres backstroke as he won the European Championship title in Glasgow, Scotland. Kliment Kolesnikov recorded 24 seconds and broke the previous record by 0.04 seconds which was set by Britain’s Liam Tancock at the world championships in Rome in 2009. Kliment Kolesnikov won the gold medal and Romanian Robert-Andrei Glinta won the silver medal.


29.     Name the 10 year-old swimmer who broken a record set by Olympian Michael Phelps in 1995, in the
100    meter butterfly, in the Far West International Swimming Championship?
1.Clark Kent Apuada
2.Tom Clark
3.Michael Gregory
4.John Freeman
5.None of these
Answer - 1.Clark Kent Apuada
Explanation:

n August 1 2018, Ten-year-old swimmer Clark Kent Apuada of California placed first in all seven events at the Far West International Swimming Championship and broke Olympian Michael Phelps record. In the 100 meter butterfly, he broke a record set by Olympian Michael Phelps at the same meet back in 1995. He broke the records by 1.1 seconds.

30.     Who won the Hungarian Grand Prix for the 6th time, at the Hungaroring circuit, in Hungary, on 29th July 2018?

1.Valterri Bottas

2.Sebastian Vettel

3.Lewis Hamilton

4.Daniel Riccardio
5.None of these
Answer - 3.Lewis Hamilton
Explanation:








Position
Driver

Team

Country












1
Lewis Hamilton

Mercedes

United Kingdom












2
Sebastian Vettel

Ferrari

Germany












3
Kimi Raikkonen

Ferrari

Finland












4
Daniel Ricciardo

Red Bull

Australia












5
Valtteri Bottas

Mercedes

Finland














31.     Where was 51st ASEAN Foreign Ministers' Meeting was held on 2nd August 2018?

1.Malaysia

2.Singapore

3.China

4.India
5.None of these
Answer - 2.Singapore
Explanation:

On August 2, 2018, 51st ASEAN Foreign Ministers' Meeting was held in Singapore. Singapore was the rotating president of the meeting. Negotiations on regional comprehensive economic partnership agreement was held between the ASEAN national. Further meetings of China-ASEAN foreign ministers meeting, the foreign minister meetings of the East Asia Summit and the ASEAN-China, Japan and Republic of Korea (10+3) foreign ministers' meeting will be held in Singapore.


32.     State Bank of India (SBI) has launched a payments machine called MOPAD. What is the full form of
MOPAD?

1.Multi Option Payment Acceptance Device

2. Multi Outlet Payment Acceptance Device
3.Multi Option Payment Availability Device
4.Master Output Payment Acceptance Device
5.None of these
Answer - 1.Multi Option Payment Acceptance Device
Explanation:

On August 8, 2018, State Bank of India launched a payments machine called MOPAD. The full form of MOPAD is Multi Option Payment Acceptance Device. It is a Point of Sale (PoS) terminal that will allow to facilitate transactions from cards to QR code based payments. It would accept payments through UPI, Bharat QR, and SBI Buddy wallet which till now required different tools to receive payments. Customers won’t have to carry cards and can just scan the QR code to make the payment.

33.     On August 8, 2018, DMK chief M Karunanidhi died at the age of 94. He was a five-time Chief Minister of which state?

1.Andhra Pradesh

2.Telengana

3.Tamil Nadu

4.Karnataka
5.None of these
Answer - 3.Tamil Nadu
Explanation:

On August 8, 2018, DMK chief and five-time Chief Minister of Tamil Nadu M Karunanidhi died at the age of 94 in Chennai. Mr Karunanidhi became a Chief Minister in 1969,1971,1989,1996 & 2006. He was popularly referred to as Kalaignaror the artist. Maanavanesan was his first manuscript magazine. In 1971 he created history by winning 184 Assembly constituencies.

34.     The government has announced that it would implement _____ Committee’s report to improve living standards of farmers and upliftment of farm sector?

1.Narasimhan

2.Swaminathan

3.Madhavan

4.Surjit Singh
5.None of these
Answer - 2.Swaminathan

On August 9, 2018, the agriculture minister Radha Mohan Singh announced that government would implement
Swaminathan Committee’s reportto improve living standards of farmers and upliftment of farm sector. In 2006,
President of the National Commission on Farmers (NCF) Swaminathan had recommended the following:
reformatory schemesfor welfare of farmers,

transparency in the market, increase productivity and eliminate malnutrition.
sustainable production and development on erosion of natural resources and climate change
improving the infrastructure.


35.     Which is the 11th Biosphere Reserve from India to be included in the World Network of Biosphere Reserves (WNBR) of UNESCO?

1.Pachmarhi Biosphere Reserve

2.Great Nicobar Island Biosphere Reserve

3.Khangchendzonga Biosphere Reserve

4.Nanda Devi Biosphere Reserve
5.None of these
Answer - 3.Khangchendzonga Biosphere Reserve
Explanation:

On August 9, 2018, UNESCO designated World Network of Biosphere Reserves (WNBR) included Khangchendzonga Biosphere Reserve in its list. This decision was taken at the 30th Session of International Coordinating Council (ICC) of Man and Biosphere (MAB) Programme of UNESCO held at Palembang, Indonesia, from July 23-27, 2018. It is India’s 11th Biosphere Reserve that has been included so far.


36.     Where did, Pacific Endeavor-2018 (PE-18), a communication exercise under the Multinational Communications Interoperability Program (MCIP) begun on 6th August 2018?

1.Kathmandu, Nepal

2.New Delhi, India

3.Washington DC, United States

4.London, United Kingdom
5.None of these
Answer - 1.Kathmandu, Nepal

Explanation:

Pacific Endeavor-2018 (PE-18) is held for 12 days. It was inaugurated by Director General of Military Operations (DGMO) of Nepal, Major General Prabhuram Sharma

Main objective: to develop common communications operating procedures to enable military forces in the Asia Pacific region to work together in times of disaster.

Participation: nearly 270 personnel from 20 Asia-Pacific Countries are taking part.
Organised by: Nepali Army and United States Pacific Command.


37.     International Monetary Fund (IMF) has projected India’s GDP (Gross Domestic Product) to grow at
_____ % in the 2019-2020 fiscal year, as per its report released on 7th August 2018?

1.7.6

2.7.7

3.7.5

4.7.4
5.None of these

Answer - 3.7.5
Explanation:

On 7th August 2018, International Monetary Fund (IMF) has projected India’s GDP (Gross Domestic Product) to grow at 7.5 % in the 2019-2020 fiscal year. IMF has stated in its report that, this growth is attributed to strengthening of investment and strong private consumption. It has said that, the near-term macroeconomic outlook for India is broadly favourable. India’s GDP forecast is 7.3 % in fiscal year 2018/19 and 7.5 % in 2019/20. Headline inflation is projected to increase to 5.2 % in fiscal year 2018/19 due to tightening of demand conditions, recent depreciation of the rupee and higher oil prices, housing rent allowances and agricultural minimum support prices.

38.     Who was elected as Rajya Sabha Deputy Chairman, on 9th August 2018?

1.B K Hariprasad

2.Harivansh

3.Amith Bharghav

4.Saran Singh
5.None of these
Answer - 2.Harivansh
Explanation:

The election process in Rajya Sabha was initiated by Rajya Sabha Chairman M Venkaiah Naidu. Harivansh secured 125 votes and defeated Congress MP B K Hariprasad who got 105 votes. The post of Rajya Sabha deputy chairman has been vacant since 1st July 2018, following the retirement of P J Kurien.


39.     Australia’s Jarrod Lyle died after fighting cancer on 9th August 2018. He was a _____?

1.Writer

2.Golfer

3.Musician

4.Politician
5.None of these
Answer - 2.Golfer
Explanation:

On 9th August 2018, Australian golfer Jarrod Lyle died after fighting cancer in Australia. Jarrod Lyle was 36 years old. He had won the feeder Web.com tour two times. He had played 121 US PGA Tour tournaments in his career.

40.     Where did Indian External Affairs Minister Sushma Swaraj inaugurate Mango Festival organised by government of Uttar Pradesh?

1.Tashkent, Uzbekistan

2.Astana, Kazakhstan

3.Bishkek, Kyrgyzstan

4.Madrid, Spain
5.None of these

Answer - 1.Tashkent, Uzbekistan
Explanation:

On August 4-5, 2018 , External Affairs Minister Smt. Sushma Swaraj visited the Republic of Uzbekistan. Ms Swaraj, who is on her first visit to Uzbekistan, was personally received by her Uzbek counterpart Abdulaziz Kamilov at the airport. She also inaugurated a two-day Uttar Pradesh Mango Festival in Tashkent.

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