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IPO Exam 2019: Current Affairs Questions and Answers - October 2018 (I)

1)Reserve Bank of India announced injection of _____ rupees into the system through purchase of government bonds, on 1st October 2018?
1)  Rs 36,000 crore
2)  Rs 24,000 crore

3)  Rs 42,000 crore
4)  Rs 52,000 crore
5)  None of these.

Answer – 1) Rs 36,000 crore
Explanation:

On October 1, 2018, Reserve Bank of India announced injection of Rs.36,000 crore into the system through purchase of government bonds. Its objective is to meet the festival season demand for funds. The auctions to purchase government bonds will be as part of the Open Market Operations (OMO) to help manage liquidity. It would take place in the second, third and fourth week of October.

2)State Bank of India (SBI) has reduced the withdrawal limit from Rs. 40,000 to ____ rupees per day with effect from October 31, 2018?
1)  Rs 10,000
2)  Rs 20,000
3)  Rs 15,000

4)  Rs 30,000

5)   None of these
6)   Answer – 2) Rs 20,000
Explanation:

On October 1, 2018, SBI halved the withdrawal limit from Rs. 40,000 to Rs. 20,000 per day. This was targeted for debit cards of the ‘Classic’ and ‘Maestro’ platfroms. The main objective in doing so was to reduce the number of fraudulent transactions and promote cashless transactions. This move would be effective form October 31, 2018 as according to Banking Codes & Standards Board of India (BCSBI) guidelines, at least 30 days’ notice has to be given to customers for any change in terms and conditions or charges.

3)Which stock exchange has launched 2 dynamic asset allocation indices namely Nifty 50 & short duration debt –Dynamic P/E index and Nifty 50 & short duration debt – Dynamic P/B index?
1)  National Stock Exchange (NSE)
2)  Bombay Stock Exchange (BSE)
3)  Calcutta Stock Exchange (CSE)
4)  Indian Stock Exchange (ISE)
5)  None of these

Answer – 1) National Stock Exchange (NSE)
Explanation:

On October 1, 2018, National Stock Exchange (NSE) launched 2 dynamic asset allocation indices designed to combine equity and debt. These indices are:

  Nifty 50 & short duration debt –Dynamic P/E index and
  Nifty 50 & short duration debt – Dynamic P/B index.

The indices compare the current price-earnings ratio (P/E) or price-book ratio (P/B) with historical P/E or P/B ratio of Nifty 50 in the previous seven years. In these indices, the maximum allocation to equity is 80 per cent and minimum allocation is 65 per cent. This will help fill the gap due to the absence of a relevant benchmark for performance comparison of the popular dynamic asset allocation category offered by mutual funds in the country.

4)Name the hockey player who has been selected for the Ekalabya Puraskar 2018?

1)  Lilima Minz
2)  Akash Sharma
3)  Pavithra Ranjan
4)  Sindhu Turadi
5)  None of these

Answer – 1) Lilima Minz
Explanation:

On October 1, 2018, the Ekalabya committee selected Odia hockey player Lilima Minz for the prestigious Ekalabya Puraskar, 2018. The annual award comprises of a cash prize of Rs 5 lakh along with a citation. She represented the Indian senior team for the first time in 2011 during a four-nation tournament in Argentina. She also participated in the 2016 Summer Olympics and also won the gold medal Womens Hockey Asia Cup after a gap of 13 years in Japan on November 5, 2017. Apart from her, 2 other sportswomen would felicitated with the award. They are: weight lifter Jhili Dalabehera and Badminton player Rutuparna Panda.

5)Who was elected the new President of Hockey India (HI), on 1st October 2018?

1)  Mohd Mushtaque Ahmad
2)  Gyanendro Ningombam
3)  Asima Ali, Bhola Nath Singh
4)  Rajinder Singh
5)  None of these

Answer – 1) Mohd Mushtaque Ahmad
Explanation:

On 1st October 2018, Mohd Mushtaque Ahmad was elected the new President of Hockey India (HI). Earlier, Mohd Mushtaque Ahmad was the Secretary General of HI. He replaces Rajinder Singh. Other appointments:

  Gyanendro Ningombam – Senior Vice President
  Asima Ali, Bhola Nath Singh – Vice Presidents
  Rajinder Singh – Secretary General

  Tapan Kumar Das – Treasurer
   Firoz Ansari, Asunta Lakra – Joint Secretary
6)Minerva-II-1 rovers of which country have sent first video images from the surface of asteroid Ryugu?

1)  China
2)  United States
3)  Japan
4)  Russia

5)  None of these Answer – 3) Japan

Explanation:

Japan’s two Minerva-II-1 rovers have sent first video images from the surface of asteroid Ryugu. Japan Aerospace Exploration Agency (JAXA) has released a 15-frame clip and new photographs taken by the two Minerva-II-1 rovers. The rovers were deployed by unmanned spacecraft Hayabusa2 about 60 metres on to Ryugu’s surface after a 3.5 year journey. Ryugu is 280 million km away from Earth. This is the world’s first moving, robotic observation of an asteroid surface. The rovers can jump upto 15 m across the asteroid’s surface and stay airborne for 15 minutes.

7)What was the theme of World Habitat Day celebrated on 1st October 2018?

1)  Respect your land
2)  Municipal Solid Waste Management
3)  Environmental Education: Importance and Role
4)  Fight against Deforestation
5)  None of these
Answer – 2) Municipal Solid Waste Management
Explanation:

On 1st October 2018, World Habitat Day was observed all over the world. In 1985 United Nations General Assembly declared the first Monday of October as World Habitat Day. It was first celebrated in 1986. This day aims to highlight the state of our towns and cities, and on the fundamental right to adequate shelter. Theme for World Habitat Day 2018 is “Municipal Solid Waste Management”.

8)Name the district that has been inducted as the 52nd district of Madhya Pradesh?

1)  Rewari
2)  Niwari
3)  Kapurthala
4)  Aniket

5)  None of these Answer – 2) Niwari

Explanation:

On September 30, 2018, the state Cabinet of Madhya Pradesh approved the proposal of induction of Niwari district in the state. It became the 52nd district of the state. IAS officer Akshay Kumar Singh has been appointed as the first interim District Collector of the district.

9)Which state government launched State Food Security Scheme (SFSS) on Gandhi Jayanti (October 2), covering 25 lakh poor people, through which they will receive 5 kg of rice at Rupee 1 per kg?
1)  Assam
2)  Maharashtra
3)  Telangana
4)  Odisha

5)  None of these Answer – 4) Odisha

Explanation:

On October 2, 2018, the Odisha government launched its own State Food Security Scheme (SFSS). Under this scheme, 18.32 lakh poor and eligible people will receive 5 kg of rice at the rate of Rupee 1 per kg. These people were not covered under National Food Security Act, 2013 (NFSA). Additionally, 6.68 lakh people will be added in the list by October 10, 2018. This is in response to the failure of the central government’s approval against the state’s request to include 25 lakh people under the NFSA.

10)Name the joint winners of Nobel Medicine Prize 2018?

1)  James P Allison, Tasaku Honjo
2)  Arthur Ashkin, Gerard Mourou
3)  Gerald Patrick, Donna Strickland
4)  Mikey Jonas, Morgan Reed
5)  None of these
Answer – 1) James P Allison, Tasaku Honjo
Explanation:

On October 2, 2018, Nobel Prize committee presented the Nobel Medicine Prize 2018 award to 2 joint winners – James P Allison of US and Tasaku Honjo of Japan. They received this prestigious award for their discovery of cancer therapy by “inhibition of negative immune regulation”. The 2018 Nobel Prize for Physics was awarded to Arthur Ashkin, Gerard Mourou and Donna Strickland for their groundbreaking discoveries in ‘laser physics’.

11)Who was appointed as chief economist of International Monetary fund (IMF), on 1st October 2018?

1)  Ritu Das
2)  Manish Bansal
3)  Gita Gopinath
4)  Pawan Goel
5)  None of these

Answer – 3) Gita Gopinath
Explanation:

On October 1, 2018, International Monetary fund appointed Gita Gopinath as its chief economist. She succeeded Maurice (Maury) Obstfeld. She is currently working as John Zwaanstra Professor of International Studies and Economics at Harvard University. She is co-editor of the American Economic Review and co-director of the International Finance and Macroeconomics Program at the National Bureau of Economic Research (NBER). She received her Ph.D. in economics from Princeton University in 2001 after earning a B.A. from the University of Delhi and M.A. degrees from both the Delhi School of Economics and University of Washington.

12)Russian player Igor Akinfeev has announced his international retirement. Which sport is he related to?

1)  Football
2)  Badminton
3)  Hockey
4)  Tennis

5)  None of these Answer – 1) Football

Explanation:

Russia goalkeeper Igor Akinfeev has announced his retirement from international football. Igor Akinfeev is 32 years old. He played for CSKA Moscow club. He has earned 112 caps for Russia. He made his debut in 2004. He captained the Russian national team to World Cup 2018 quarter-finals in Russia. He had played a major role in helping his team reach the quarter-finals.

13)Name the project launched by Indian Railways to upgrade 140 rakes of Mail/Express trains in the first phase?
1)  Rail Upgrade
2)  Utkrisht
3)  Rail Vikas
4)  Upgrade

5)  None of these Answer – 2) Utkrisht

Explanation:

On October 2, 2018, Indian Railways launched its Project ‘Utkrisht’ to upgrade 140 rakes of Mail/Express trains in the first phase. The project aims to do the following:

• Installing ‘Swachh Rail Toilet’,

• Fitting of energy-efficient LED lights – in the main interior, doorway, gangway and inside toilets,
• Braille signage & night glow stickers,
• LED panel photo frame in first AC coaches, new types of bottle holders, big size mirrors,
• Anti-graffiti vinyl wrapping in the gangway area,
  New types of fire extinguishers,
  Health faucets, auto janitors, odonil containers, big size mirror etc.

14)Which state launched the ‘Mukhyamantri Yuva Nestham’ scheme through which Rs. 1000 will be given as monthly unemployment allowance to eligible jobless youth of the state, on 2nd October 2018?
1)  Telangana
2)  Kerala
3)  Tamil Nadu

4)  Andhra Pradesh
5)  None of these

Answer – 4) Andhra Pradesh
Explanation:

On October 2, 2018, on the eve of Gandhi Jayanti, Andhra Pradesh Chief Minister N Chandrababu Naidu launched the ‘Mukhyamantri Yuva Nestham’ scheme in Amaravati. According to the scheme, an amount of Rs. 1000 will be given as monthly unemployment allowance to eligible jobless youth of the state. It would also provide skill training to 10 lakh youth and 260 training partners have been appointed for this purpose. The training partners are from the countries of: Singapore, UK and Germany.

15)The joint exercise ‘Sahyog-Hop Tac 2018’ commenced off Chennai coast on 3rd October 2018, between India and which country?
1)  Sri Lanka
2)  Singapore
3)  Vietnam

4)  Nepal

5)  None of these Answer – 3) Vietnam

Explanation:

On October 3, 2018, a joint exercise of ‘Sahyog-Hop Tac 2018’ commenced off Chennai coast between Vietnam and India. In this bilateral exercise, Vietnam Coast Guard ship CSB 8001 took part in it or the first time. A vessel ‘Sagar Manjusha’, owned by National Institute of Ocean Technology and vessels from Indian coast guard took part in it as well. This exercise enhances cooperation between the two Coast Guards in areas of maritime safety and security.

16)Where did the 6th edition of IBSAMAR, a joint Multi – National Maritime Exercise between the Indian, Brazilian and South African Navies start on 1st October 2018?
1)  Simons Town, South Africa
2)  Rio de Janeiro, Brazil
3)  Mumbai, India
4)  Johannesburg, South Africa

5)  None of these

Answer – 1) Simons Town, South Africa
Explanation:

On October 1, 2018, the a 14 –day 6th edition of IBSAMAR, a joint Multi – National Maritime Exercise between the Indian, Brazilian and South African Navies commenced at Simons Town, South Africa. The Indian Navy is represented by: Guided Missile Frigate INS Tarkash, Guided Missile Destroyer INS Kolkata, Long Range Maritime Patrol Aircraft P8I, Seaking and Chetak helicopters as well as a MARCOS contingent. Alongside this exercise, an IBSA Joint Defence Working Group meeting will also be held in South Africa.

17)Where did India launch ‘Operation Samudra Maitri’ to help Tsunami hit victims on 3rd October 2018?

1)  Vietnam
2)  Indonesia
3)  Philippines
4)  China

5)  None of these Answer – 2) Indonesia

Explanation:

On October 3, 2018, India launched ‘Operation Samudra Maitri’ in Central Sulawesi Province of the Republic of Indonesia. Its objective is to assist victims of earthquake and tsunami in Indonesia. The humanitarian assistance
operation consisted of the two IAF Aircrafts, C-130J and C-17 along with medical personnel and relief material. The aircrafts also had tents and equipments to set up a field hospital along with medicines, generators and water. Also, 3 Indian Naval Ships – INS Tir, INS Sujatha and INS Shardul set sail for the to carry out humanitarian assistance and disaster relief (HADR).

18)Asian Development Bank (ADB) and the Government of India signed a _____ dollar loan to finance regional connectivity projects in North Bengal and North Eastern states, on 1st October 2018?
1)  $150 million
2)  $200 million
3)  $300 million
4)  $250 million
5)  None of these

Answer – 1) $150 million
Explanation:

On October 1, 2018, Asian Development Bank (ADB) and the Government of India signed a $150 million loan to finance regional connectivity projects in North Bengal and North Eastern states. It is the 2nd tranche of a $500 million loan agreement for the South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Investment Program. It was approved in 2014 and was aimed to develop 500 kms of roads in India’s North Bengal and northeastern region for better regional connectivity to regional and other SASEC member countries. The new loan will involve: Upgradation of 66 kms of nationaland 103 kms of state highways in Manipur, Construction of about 1.5 kmof an international bridge between India and Nepal.

19)Who was sworn-in as the 46th Chief Justice of India (CJI), on 3rd October 2018?

1)  Justice Ranjan Gogoi
2)  Justice Prathik Chatterjee
3)  Justice Narasimha Rao
4)  Justice Mukunt Krishnan
5)  None of these

Answer – 1) Justice Ranjan Gogoi
Explanation:

On 3rd October 2018, Justice Ranjan Gogoi was sworn-in as the 46th Chief Justice of India (CJI). Justice Ranjan Gogoi was administered the oath by President Ram Nath Kovind. He is the first Chief Justice of India from the north-east. His term will end on November 17, 2019. He replaces Dipak Misra. He hails from Dibrugarh in Assam. He was born on November 18, 1954. In 2001, he started his career as a Permanent Judge of the Gauhati High Court. In 2010, he was transferred to the Punjab and Haryana High Court and became its Chief Justice in 2011. In 2012, he became a Supreme Court judge.

20)  Who was elected as 8th president of Iraq on 2nd October 2018?

1)  Adel Abdul Mahdi
2)  Fuad Masum
3)  Barham Salih
4)  Imran Arshad
5) None of these

Answer – 3) Barham Salih
Explanation:

On 2nd October 2018, Barham Salih was elected as 8th president of Iraq. Patriotic Union of Kurdistan (PUK)’s Barham Salih secured 219 votes while his rival Fuad Hussein of Kurdistan Democratic Party (KDP) obtained 22 votes in the presidential election. Barham Salih replaces Fuad Masum. Barham Salih is 58 years old. He is a former prime minister of the Kurdistan Regional Government and a former deputy prime minister of the Iraqi federal government. He has named Adel Abdul Mahdi as prime minister-designate and has bestowed him the responsibility of forming a new government.
21)What is India’s rank in the 2018 Government E-Payments Adoption Ranking (GEAR), compiled by The Economist Intelligence Unit commissioned by payments company Visa?
1)  12
2)  15
3)  28
4)  56

5)  None of these Answer – 3) 28
Explanation:

On October 4, 2018, in the 2018 Government E-Payments Adoption Ranking (GEAR), compiled by The Economist Intelligence Unit commissioned by payments company Visa ranked India as 28th country to progress in the digital transformation journey. The survey is a 73-country ranking survey with Norway leading the pack followed by France and Denmark. India moved up to 28th in 2018, from 36th in 2011. It holds the top ranking on B2G and G2B, and comes third on C2G jointly with Argentina. India leads the B2G category, along with other countries like Australia, Singapore and South Korea.

22)Name the instant loan approval and disbursal product launched by MobiKwik, on 3rd October 2018?

1)  Insta Loan
2)  Boost
3)  Quick Loan
4)  Express

5)  None of these. Answer – 2) Boost
Explanation:

On October 3, 2018, MobiKwik launched an instant loan approval and disbursal product called ‘Boost’. As per the offer, loans of upto Rs 60,000 can be sanctioned as well as disbursed in a matter of 90 seconds. The approval time for the loan would be 30 seconds based on an innovative risk scoring model called ‘Mobiscore’. The minimum amount of loans that can be approved is for Rs. 5000 and the users will have the option to transfer the amount in their bank accounts. They can pay the loan in easy monthly installments of 6-9 months.

23)George Smith, Gregory Winter and _____ won the Nobel Chemistry Prize, on 3rd October 2018?

1)  Smitha George
2)  Fiona Prentice
3)  Frances Arnold
4)  Michelle Gallaghar
5)  None of these
Answer – 3) Frances Arnold
Explanation:

On 3rd October 2018, US scientists Frances Arnold and George Smith and British researcher Gregory Winter won the Nobel Chemistry Prize. They were awarded the Nobel Chemistry Prize for applying the principles of evolution to develop enzymes used to make various items from biofuels to pharmaceuticals. Frances Arnold is the 5th woman to win the Nobel Chemistry Prize. She received half of the 9 million Swedish kronor (nearly USD 1.01 million) award. George Smith and Gregory Winter shared the other half. The three scientists used the same principles of evolution: genetic change and selection, to develop proteins.

24)Who resigned as MD and CEO (Managing Director & Chief Executive Officer) of ICICI Bank on 4th October 2018?
1)  Sandeep Bakshi
2)  Shikha Sharma
3)  Chanda Kochhar
4)  R Gandhi
5)  None of these
Answer – 3) Chanda Kochhar
Explanation:

On 4th October 2018, ICICI Bank MD and CEO (Managing Director & Chief Executive Officer) Chanda Kochhar resigned from the post. Sandeep Bakhshi has been appointed as the new MD and CEO of ICICI Bank for a period of 5 years till October 3, 2023. Chanda Kochhar was on leave and is being investigated over alleged conflict of interest
in deals with several customers of the bank including the Videocon Group. She joined ICICI Limited in 1984. In 2006-07, she led ICICI Bank’s corporate and international banking businesses.

25)What is the current Repo rate as per the 4th bi-monthly monetary policy released on 5th October 2018?

1)  6.5%
2)  6.25 %
3)  6.75 %
4)  7.00 %

5)  None of these Answer – 1) 6.5%

Explanation:

Categories
4th Bi-Monthly in percent
3rd Bi-Monthly in per cent
CRR
4
4
SLR
19.5
19.5
Repo Rate
6.5
6.50
Reverse Repo rate
6.25
6.25
MSF
6.75
6.75
Bank Rate
6.75
6.75

26)Who has been named the CEO of Reliance Health Insurance that has received approval from IRDAI (Insurance Regulatory and Development Authority of India) to begin operations from December 2018?
1)  Manik Jain
2)  Ravi Viswanath
3)  Alexander Smith
4)  Rahul Singh
5)  None of these

Answer – 2) Ravi Viswanath
Explanation:

On October 5, 2018, IRDAI approved Reliance Health Insurance, a wholly owned subsidiary of Reliance Capital, to begin operations. It will commence operations by December 2018. Ravi Viswanath has been designated as the CEO of the firm.

27)Name the Beyond Visual Range Air-to-Air Missile (BVR-AAM) that was successfully test fired by the
Indian Air Force (IAF) between September 26 and October 3, 2018, at Integrated Test Range (ITR), Balasore, Odisha?
1)  Vistara
2)  Astra
3)  Rana
4)  Mahila

5)  None of these Answer – 2) Astra

Explanation:

Flight trials of Astra Beyond Visual Range Air-to-Air Missile (BVR-AAM) were conducted successfully by the Indian Air Force (IAF) between September 26 and October 3, 2018, at Integrated Test Range (ITR), Balasore, Odisha. The trials included complex tests for engagement of pilotless target in various modes of manoeuvring, off-boresight, medium and long ranges. Astra has been tested 6 times under various launch conditions and ranges as part of the final development trial. It had active participation from IAF. Defence Research & Development Organisation (DRDO) has developed the missile and integrated the weapon on Su-30 and other air platforms. Hindustan Aeronautics Limited (HAL), Nasik, played a major role in modifying Su-30 aircrafts for Astra weapon integration and support during trials.

28)Where was the 4th India International Science Festival (IISF) 2018, held from 5th to 8th October 2018?

1)  Panaji, Goa
2)  New Delhi, Delhi
3)  Lucknow, Uttar Pradesh
4)  Mumbai, Maharashtra
5)   None of these
Answer – 3) Lucknow, Uttar Pradesh
Explanation:

On October 5, 2018, President Ramnath Kovind formally inaugurated the 4-day 4th India International Science Festival (IISF) 2018 in Lucknow, Uttar Pradesh for the first time. The theme of this year’s festival is Science for Transformation. This Festival aims to apply science and technology for transformation of the country and enable positive change for social and economic progress. It features 23 special events, and is being attended by about 10000 delegates. A “science village” was set up at National Botanical Garden in Lucknow for interaction of science with common people.

29)Where will be the 36th National Games held from March 30 to April 14, 2019?

1)  Tamil Nadu
2)  Kerala
3)  Gujarat
4)  Goa

5)  None of these Answer – 4) Goa

Explanation:

The 36th National Games will be held from March 30 to April 14, 2019 in Goa. This announcement was made by Sports Authority of Goa (SAG) Executive Director V M Prabhudesai in Panaji. The Opening and Closing ceremonies will be held at PJN Stadium, Fatorda. Shooting and cycling events will be held in New Delhi since Goa does not have the facilities for these sports. Five sports: Rugby, Wushu, Modern Penthatlon, Lawn Bowl, and Billiards and Snooker, will be added to the Games programme. Expected budget of the Event is Rs.400 Crore.

30)Where will the National Dolphin Research Centre (NDRC), India’s and Asia’s first such centre would be soon opened?
1)  Chandigarh
2)  New Delhi
3)  Mumbai
4)  Patna
5)  None of these
Answer – 4) Patna
Explanation:

National Dolphin Research Centre (NDRC), India’s and Asia’s first such centre would be soon opened on the banks of river Ganga river in the Patna University premises, Bihar. The NDRC has been set up to safeguard the endangered Gangetic river dolphin. They are killed in huge numbers for their flesh, fat and oil.

31)Name a website and an application launched by Maharashtra to accurate analysis of drought-like situation in villages of the state.
1)  Aaple Sarkar
2)  My Plant
3)  Shaur Nahin
4)  Rythu Bandhu
5)  Maha Madat

Answer – 5) Maha Madat
Explanation:

On October 6 2018, The Maharashtra Government has launched a website and an application ‘Maha Madat’ for collectively analysing the rainfall, crop situation and underground water level using modern technology.The website has been created by the Relief and Rehabilitation Ministry with the help of the Maharashtra Remote Sensing Application Centre (MRSAC).

32)Which state govt unveils ‘Unnati’ scheme to create end-to-end support infrastructure for startups and entrepreneurs from a marginalised background?
1)  Kerala
2)  Tamilnadu
3)  Odisha
4)  Karnataka
5)    Andhra Pradesh
Answer – 4) Karnataka
Explanation:

On October 6 2018, Karnataka state government,unveils the Unnati scheme,which will invest up to Rs 20 crore to create end-to-end support infrastructure for startups and entrepreneurs from a marginalised background.The Objective is to deliver sustainable development and social welfare which will identify, mentor, and promote young entrepreneurs from the SC/ST communities.

33)Where is the 3rd edition of Japan-India Maritime Exercise (JIMEX) held from 7th to 15th October 2018?

1)  Pune, Maharashtra
2)  Visakhapatnam, Andhra Pradesh
3)  Kochi, Kerala
4)  Chennai, Tamil Nadu
5)  None of these.

Answer – 2) Visakhapatnam, Andhra Pradesh

Explanation:

On October 7, 2018, the 3rd edition of Japan-India Maritime Exercise (JIMEX) commenced at Visakhapatnam. It will be a week long exercise concluding on October 15, 2018. In the exercise: Indian side is represented by: INS Satpura, INS Kadmatt, INS Shakti, one submarine, P8I Long Range Maritime Patrol Aircraft, under the command of Rear Admiral Dinesh K Tripathi, Flag Officer Commanding, Eastern Fleet. Japanese Side is represented by: Japanese Maritime Self Defence Force (JMSDF) Ships Kaga, an Izumo Class Helicopter Destroyer and Inazuma , under the command of Rear Admiral Tatsuya Fukada, Commander, Escort Flotilla-4 (CCF-4). JIMEX-18 is aimed to enhance interoperability, improve understanding and imbibe the best practices of each other.

34)  Government has decided to cover crop damages in wild animal attacks under which scheme on trial basis?
1)  Pradhan Mantri Fasal Bima Yojna
2)  Pradhan Mantri Jeevan Jyoti Bima Yojana
3)  Pradhan Mantri Suraksha Bima Yojana
4)  Pradhan Mantri Jan Dhan Yojana
5) None of these

Answer – 1) Pradhan Mantri Fasal Bima Yojna
Explanation:

Union Agricultural Minister Radha Mohan Singh stated that the government has decided to cover damages to crops in wild animal attacks under the Pradhan Mantri Fasal Bima Yojna in select districts on an experimental basis. The government has also brought under the Fasal Bima Yojna ambit certain horticultural crops on an experimental basis. Damages to individual or limited number of cultivators in localised events like water logging, land slide, hailstorms etc did not fall under the ambit of the Centre’s crop insurance scheme earlier, but they too are being covered now under new provisions.

35)  Which country joined the joint exercise code named ‘Kamandag’ (venom) with US and Filipino troops in the Philippines for the first time since World War II, on 6th October 2018?
1)  China
2)  Japan
3)  Australia
4)  India

5)  None of these Answer – 2) Japan

Explanation:

On October 6, 2018, Japan joined the joint exercise codenamed- ‘Kamandag’ (venom) with US and Filipino troops in the Philippines for the first time since World War II. This marked the first time Japanese armoured military vehicles were used on foreign soil since 1945. This exercise consists of about 150 US, Filipino and Japanese troops participating in humanitarian assistance and disaster relief training.

36)  Reserve Bank of India (RBI) has reduced minting of ____ rupee coins by half due to non-availability of raw material?
1)  Rs 1
2)  Rs 2
3)  Rs 10
4)  Rs 5

5)  None of these Answer – 3) Rs 10
Explanation:

A delay in procurement of raw material for coins has forced Reserve Bank of India to cut its demand for Rs 10 coins by half, raising the specter of shortage in circulation. RBI, which manages the supply, adjusted the entire coin indent plan for FY19 by raising the demand for smaller denomination of coins in lieu of Rs 10 coins, following India Government Mints’ failure to procure Rs 10 coin blocks on time

37)Where was the foundation stone of India’s first 58-acre Second Generation (2G) Ethanol Bio-Refinery plant laid, on 9th October 2018?
1)  Bargarh, Odisha
2)  Kanpur, Uttar Pradesh
3)  Siddhapura, Karnataka
4)  Anantapur, Andhra Pradesh
5)  None of these
Answer – 1) Bargarh, Odisha
Explanation:

On October 9, 2018, Governor of Odisha Prof Ganeshi Lal laid the foundation stone on country’s first 58-acre Second Generation (2G) Ethanol Bio-Refinery plant at Baulsingha village in Bargarh district of Odisha. This was announced in the presence of Union Minister for Petroleum and Natural Gas Dharmendra Pradhan. This refinery will be set up by Bharat Petroleum Corporation Limited (BPCL). The estimated cost of the project is Rs. 1000 crore. It will be producing 3 crore litre of fuel grade ethanol annually. Commercial production will start from 2020. It is one among 12 refineries planned in 11 States in the country. It will utilise about two lakh tonne of rice straw annually from locations like Bhatli, Ambabhona, Attabira, Sohela, Burla and Lakhanpur.

38)Which state announced the launch of an anti-terrorist force (ATF) called ‘Kavach’, on 9th October 2018?

1)  Haryana
2)  Himachal Pradesh
3)  Assam
4)  Uttar Pradesh

5)  None of these Answer – 1) Haryana
Explanation:

On October 9, 2018, Chief Minister of Haryana Manohar Lal Khattar announced the launch of an anti-terrorist force (ATF) called ‘Kavach’. The force will comprise of specially trained recruits from the state police, to deal with security challenges. For this, Haryana police recruits will be trained by the National Security Guard (NSG).

39)National Housing Bank announced increase of the Refinance limit to _____ rupees from the previous Rs.
24,000 crore, on 8th October 2018?

1)  Rs 30,000 crore
2)  Rs 35,000 crore
3)  Rs 44,000 crore
4)  Rs 55,000 crore
5)  None of these

Answer – 1) Rs 30,000 crore
Explanation:

On October 8, 2018, National Housing Bank announced increase of the Refinance limit to Rs.30,000 crore from the previous Rs. 24,000 crore. With this eligible Housing Finance Companies & Other entities will have increased availability of funds. The initial sanctioned limit was set to Rs. 24,000 crore for the current year (July 2018-June 2019) to refinance and credit Housing Finance Companies & other Institutions. Till date, Rs.8835 crore has been sanctioned.

40)International Monetary Fund (IMF) has predicted a growth rate of what percent for India in 2018 and
2019, respectively?

1)  7.5, 7.7
2)  7.1, 7.3
3)  7.3, 7.4
4)  7.7, 7.8

5)  None of these Answer – 3) 7.3, 7.4
Explanation:

On October 9, 2018, the International Monetary Fund (IMF) predicted a growth rate of 7.3 per cent for India in the current year of 2018 and 7.4 per cent in 2019. In 2017-18, India had recorded a 6.7 per cent growth rate. This was published in the IMF’s World Economic Outlook Report. For 2019, the GDP prediction has been decreased compared to the April 2018 World Economic Outlook (WEO) report. The reason for the decrease is due to increase in oil prices and the tightening of global financial conditions.

41)Name the persons who received Nobel Prize in Economics on 8th October 2018?

1)  William Nordhaus and Paul Romer
2)  Julian Roberts and Sarah Tucker
3)  Nadia Joules and Daniel Richards
4)  Jeremy Reed and Sean Williams
5)  None of these
Answer – 1) William Nordhaus and Paul Romer
Explanation:

On 8th October 2018, the Nobel Prize in Economics was jointly awarded to Americans William Nordhaus and Paul Romer for integrating climate change and technological innovation into the macroeconomic analysis. William Nordhaus is a professor at Yale University. In 1990s, he became the first person to develop a quantitative model that described the interplay between economy and climate. Paul Romer is from New York University’s Stern School of Business. He has shown how economic forces govern the willingness of firms to produce new ideas and innovations. This laid the foundation for endogenous growth theory.

42)Name the innovative mobile health App launched by Indian Air Force, on its 86th anniversary, on 8th October 2018?
1)  Healthify Me
2)  MedWatch
3)  Health Monitor
4)  Fitness Check

5)  None of these Answer – 2) MedWatch
Explanation:

On October 8, 2018, the Indian Air Force, on its 86th anniversary, announced an innovative mobile health App named ‘MedWatch’. It was launched by Air Chief Marshal BS Dhanoa in New Delhi. It is the first such health app provided in the three Armed Services and is an initiative of the IAF with zero financial outlay. Its objective is to provide health information to airwarriors and all citizens of India. It has been developed by Directorate of Information Technology (DIT) and idea was conceived by IA doctors. It is in sync with Prime Minister’s vision of ‘Digital India, Ayushman Bharat and Mission Indradhanush’. The app is available on www.apps.mgov.gov.in.

43)Union Cabinet approved the merger of National Council for Vocational Training (NCVT) and _____ into the National Council for Vocational Education and Training (NCVET), on 10th October 2018?
1)  National Skill Development Agency (NSDA)
2)  National Institute of Skill Training (NIST)
3)  National Institute of Fashion Technology (NIFT)
4)  National Institute of Trades and Technology (NITT)
5)  None of these
Answer – 1) National Skill Development Agency (NSDA)
Explanation:

On October 10, 2018, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the merger of National Council for Vocational Training (NCVT) and the National Skill Development Agency (NSDA) into the
National Council for Vocational Education and Training (NCVET). The functions of NCVET will be as follows:
  Recognition and regulation of awarding bodies, assessment bodies and skill related information providers;
  Approval of qualifications developed by awarding bodies and Sector Skill Councils (SSCs);
  Indirect regulation of vocational training institutes through awarding bodies and assessment agencies;
  Research and information dissemination;
  Grievance redressal.

44)Where did Prime Minister Narendra Modi unveil a 64-feet-tall statue of peasant leader Sir Chhotu Ram on 9thOctober 2018?
1)  Rohtak, Haryana
2)  Ghaziabad, Uttar Pradesh
3)  Dehradun, Himachal Pradesh
4)  Surat, Gujarat
5)  None of these

Answer – 1) Rohtak, Haryana
Explanation:

On October 9, 2018, PM Narendra Modi visited Haryana. Prime Minister Narendra Modi unveiled a 64-feet-tall statue of peasant leader Sir Chhotu Ram at his native village Sampla in Rohtak district of Haryana. The 64-feet-tall statue has been sculpted by renowned sculptor and Padma Bhushan-recipient Ram Vanji Sutar. For the construction of the statue, 5500 farmers donated iron metal from their behalf. He further paid floral tribute to the peasant leader and watched a 4 minute documentary on the leader. He also inaugurated a museum built in his memory of the leader at Sir Chhotu Ram Complex. Additionally, he also inaugurated a rail coach factory worth Rs. 500 crore in Haryana’s Sonipat.

45)What is the rank of India in Oxfam world inequality index, as per ‘Oxfam International’s report named ‘Commitment to Reducing Inequality (CRI) Index’?
1)  155
2)  147
3)  111
4)  98

5)  None of these Answer – 2) 147

Explanation:

On October 10, 2018, UK-based charity ‘Oxfam International’s report named ‘Commitment to Reducing Inequality (CRI) Index was released. The analysis was done by Oxfam and non-profit research group Development Finance International (DFI). India ranked 147th among 157 countries analysed and was labeled as “a very worrying situation” with respect to the rising inequality in the country. Government spending on health, education and social protection is low which is more subsidized to the private sector. Despite having a good tax structure, the practice of progressive taxation is not transparent and the collection often is avoided in cases of incomes of the richest. Also the labour laws and position of women at work place is quite low which brings the bar down for India.

46)Who was selected as India’s first ‘Miss Trans Queen’, in Mumbai, on 7th October 2018?

1)  Parvati Raman
2)  Veena Sendre
3)  Namita Ammu
4)  Amrita Seghal
5)  None of these

Answer – 2) Veena Sendre
Explanation:

On 7th October 2018, Veena Sendre from Chhattisgarh was selected as India’s first ‘Miss Trans Queen’, in Mumbai. Veena Sendre defeated Namita Ammu of Tamil Nadu and won the title at the national-level beauty contest. Veena Sendre is a former Miss Chhattisgarh. She hails from Mandir Hasaud village in Raipur. She had dropped out of school when she was in 5th standard. She has participated in various ramp walks at Lucknow and Bengaluru fashion weeks.

47)Which country successfully launched two remote sensing satellites belonging to the Yaogan-32 family by a Long March-2C rocket, on 9th October 2018?
1)  Japan
2)  India
3)  China
4)  South Korea

5)  None of these Answer – 3) China
Explanation:

9th October 2018, China successfully launched two remote sensing satellites belonging to the Yaogan-32 family by a Long March-2C rocket with an upper stage on its top, from the Jiuquan Satellite Launch Center in China. The remote sensing satellites have been launched to conduct electromagnetic environmental probes. The satellites have entered the planned orbits. They will be involved in electromagnetic environment surveys and related technology tests. This was the first flight of the upper stage named Yuanzheng-1S, or Expedition-1S. This launch was the 286th mission of the Long March rocket series.

48)Which country has been chosen as the host of the 2022 Youth Olympic Games by International Olympic Committee (IOC), making it the first African host of any Olympics?
1)  Kenya
2)  Nigeria
3)  Libya
4)  Senegal

5)  None of these Answer – 4) Senegal

Explanation:

International Olympic Committee (IOC) has made Senegal the host of the 2022 Youth Olympic Games, making it the first African host of any Olympics. Senegal will host the youth games in 3 places: Dakar, Diamniadio and Saly. Senegal President Macky Sall announced that a 50,000-seat Olympic Stadium will be built. The budget for the games is estimated to be $150 million. The construction project for the games include a rail link and an athletes village.

49)Where was India’s first India-Israel Innovation Centre (IIIC), an entrepreneurial technology hub, launched, on 10th October 2018?
1)  New Delhi
2)  Mumbai
3)  Kolkata
4)  Bengaluru

5)  None of these Answer – 4) Bengaluru

Explanation:

On 10th October 2018, India’s first India-Israel Innovation Centre (IIIC), an entrepreneurial technology hub, was launched in Bengaluru. IIIC will help Israeli companies enter India. It will enable local partnerships and joint ventures between companies from India and Israel. It will create an ecosystem to support entrepreneurship, partnership with vendors, mentoring and non-formal community development and covers business, technology, investors and customers. Start-ups that are part of IIIC will be offered mentorship, guidance and opportunities to participate at all IIIC’s global events.

50)Who has been appointed as chief human resources officer (CHRO) of HDFC Bank?

1)  Akhil Krishnan
2)  Vinay Razdan
3)  Samir Shah
4)  Aditya Ram
5)  None of these
Answer – 2) Vinay Razdan
Explanation:

HDFC Bank has appointed Vinay Razdan as its chief human resources officer (CHRO). Vinay Razdan will be responsible for the complete human resource operations in HDFC Bank. Previously, he was CHRO in Idea Cellular.He had joined Idea in 2006. He has held leadership positions in organisations like ITC, HCL Technologies and Idea Cellular. He has vast experience in various sectors like FMCG, IT services and telecommunications.
                                                                                                               ....... To be continue.................

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