IBS€¦ · Repo Rate : 6.0% Reverse Repo Rate (RRR) : 5.75% CRR (Cash Reserve Ratio) : 4% SLR...

<< 2 >> | IBS QUEST | DECEMBER, 2017

Quest IBS

Index Position of

India Top Ranked Country

Human Development Index -2017 131 Topped by Norway followed by Australia

Ease of Doing Business Index 2017 130th The list is topped by New Zealand followed by Singapore, Denmark.

Foreign Direct Investment confidence index

8th The list is topped by USA followed by

Germany

Global Competitiveness Index 2016 39th The list is topped by Switzerland, followed

by Singapore and USA.

Global Talent Index 92nd The list is topped by Switzerland, followed

by Singapore

Global Human Capital index 2017 103 The list is topped by Norway, followed by

Finland

Global Hunger Index 2017 100th Developed by International food policy

and research institute (IFPRI)

Global Innovation Index 2016 60 The list is topped by Switzerland, followed

by Sweden

Global Peace Index (GPI) 2017 137 The list is topped by Iceland, followed by

Newzland

Global Slavery Index 2016 4th The list is topped by North Korea,

followed by Uzbekistan and Cambodia. Global Talent Competitiveness Index

2017 89th

The list is topped by Switzerland, followed by Singapore and Luxembourg.

Intellectual Property Index 2017 43rd The list is topped by USA, followed by

UK and Germany.

Logistics Performance Index 2016 35th The list is topped by Germany, followed

by Luxembourg and Sweden.

Global Human Capital Index 103 The list is topped by Norway followed by

Finland Sustainable Development Goal Index

2017 116th

The list is topped by Sweden, followed by Denmark

Economic Freedom Index 2017 143rd The list is topped by Hong Kong, followed

by Singapore.

World Happiness Index 2017 122nd The list is topped by Norway followed by

Denmark,

World Press Freedom Index 2017 136 The list is topped by Norway, followed by

Sweden

World Risk Index 2016 77th The list is topped by Island state of Vanuatu, followed by Tonga and

Philippines. Global Travel and Tourism Index-

2017 40

The list topped by Spain followed by France

Global Corruption perception index-2017

79 The list is topped by New Zealand and

Denmark

CONTENTS 1. Economic watch 2

2. Editor’s Message 3

3. Articles 4

4. Current Affairs October 2017 7

5. Banking: At a Glance 21

6. Miscellaneous 27

7. State: At a Glance Karnataka 29

8. The Nobel Prize 30

9. SSC History 31

10. SSC Polity 33

11. Current Affairs Last 3 Months 35

12. Model Test Paper IBPS Clerk-PT 58

13. Model Test Paper Banking 70

14. Latest GK Tablets 72

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e-mail: [email protected] POLICY RATES OF RESERVE

BANK OF INDIA W.E.F 2 AUGUST 2017

Bank Rate : 6.25%

Repo Rate : 6.0%

Reverse Repo Rate (RRR) : 5.75%

CRR (Cash Reserve Ratio) : 4%

SLR (Statutory Liquidity Ratio) : 20%

Base Rate : 9.25% - 9.65%

Saving Deposit rate : 4%

Term Deposit Rate for >1 Year : 6.50% - 7.00 %

QuestIBS

FDI Limits List of Limits in Various Sectors (In %) 1. Petroleum Refining by PSU 49% 7. Civil Aviation 100% 2. Pharmaceutical Sector 74% 8. Private security agencies 49% 3. Medical Devices 100% 9. Private Sector Banking 74% 4. White Label ATM Operation 100% 10. Public Sector Banking 20% 5. Cable Networks 100% 11. Insurance and sub-activities 49% 6. Print Media 26%


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TACKLING THE CHALLENGES OF LIFE-In our personal lives as well as on a global scale, we face challenges

that test our emotional mettle such as, injury, illness, unemployment, grief, divorce, death, or even a new

venture with an unknown future. Here are few strategies to help carry us through: Embrace Your Life as It

Is rather than as you Wish It to Be;The Buddha taught that the secret to life is to want what you have and

to not want what you don’t have. Being present means being present to the life that you have right here,

right now. There is freedom in taking life as it comes to us—the good with the bad, the wonderful with the

tragic, the love with the loss, and the life with the death. When we embrace it all, then we have a real chance

to enjoy life, to value our experiences, and to mine the treasures that are there for the taking. When we

surrender to the reality of who we are, we give ourselves a chance to do what we can do. Practice Gratitude;

It is easy to count our troubles rather than our blessings, but such an attitude undermines our ability to

draw from the good that we have been given and to see our lives fundamentally as a gift. A change in

perspective can make all the difference. Recognizing the good and receiving it with gratitude is a recipe for

emotional health and well-being. This attitude enlarges the possibility that we can make use of the good we

have been given and even use it to cope with the difficulties that we inevitably have inherited.Accept

Success and Fiascos as Part of Life’s Journey; We are all learning. No one gets it right every time. A more

compassionate attitude toward ourselves only helps us to stay in the game. The dynamic process of life—

trying, succeeding, failing, and trying again—is the only way to develop lasting confidence in ourselves. We

learn through experience that we can both succeed and recover from failure. We also learn to be humble and

so develop a view of ourselves as limited creatures that will always need the help and support of others. No

matter how mature or successful we become, the child within always will need mentors and friends who’ll

see us through.Self Introspection; “what lies behind us and what lies before us are tiny matters compared to

what lies within us”. When you realize that everything springs from yourself, you can start walking on the

path of tranquility. However, always keep one thing in mind that in any kind of circumstances that

“Positivity Will Take You Everywhere” just have faith and patience.

ALL THE BEST

EDITOR’S MESSAGE


Quest IBS SWACCH BHARAT MISSION : A DREAM OF MILLIONS

India has registered a sustained economic growth in the last few years. But it still faces a huge economic loss due to poor hygiene and sanitation. A recent World Bank report has highlighted that India loses 6.4% of GDP annually because of this particular reason. Under the Swachh Bharat Mission (SBM) launched by Prime Minister Narendra Modi, the Government of India aims at “total sanitation” by 2019. It means every household in India will have a toilet by the end of the year 2019, the 15th birth anniversary of Mahatma Gandhi.

Objectives of the Swachh Bharat Mission

Objectives of the Swachh Bharat Mission are – elimination of open defecation, conversion of insanitary toilets to pour flush toilets, eradication of manual scavenging, 10% collection and scientific processing/disposal reuse/recycle of municipal solid waste, to bring about a behavioural change in people regarding healthy sanitation practices. The programme aims to generate awareness among the citizens about sanitation and its association with health. It also calls for strengthening of urban local bodies to design, implement and operate systems to create conducive environment for private sector participation.

Menace of the Open Defecation

One of the major causes of lack of cleanliness in the country is open defecation. It refers to a practice whereby people go out in fields or other open spaces rather than using the toilets to defecate. This practice is quite rampant in India. A UN report says that India is home to the world’s largest population of people who defecate in the open and so close to 65,000 tonnes of excreta is added into the environment each day.

The Open Defecation Free (ODF)

To become Open Defecation Free (ODF) is an uphill task for a country like ours. The age-old practices and a lack of awareness among people are posing severe challenges to health. Only three states have so far declared themselves as Open Defecation Free. These are: Sikkim, Himanchal Pradesh and Kerala. Sikkim is the first Indian state which was declared ODF state under the Swachh Bharat Mission.

In October 2016, Himachal Pradesh was declared Open Defecation Free (ODF) state under the SBM. After Sikkim, Himachal Pradesh got this status to have toilet for every individual household. Among bigger states, however, Himachal Pradesh is the first state to become ODF.

Conclusion: Though people have started to pitch in to help spread the message of ‘Cleanliness is next to Godliness’, we still have miles to go. The government needs to work on the entire sanitation value chain including water supply, safe disposal and treatment of waste, and maintenance of infrastructure. The construction of toilets as well as awareness campaigns needs the backing of the state for regular monitoring of the toilet use. Not only this, there is a need to engage the community also to address the age-old practices in the rural areas. At this juncture, every countryman should take a pledge that he/she will contribute towards making India clean in the true sense of the term.


Quest IBS AHMEDABAD – MUMBAI BULLET TRAIN PROJECT : A DREAM

PROJECT OF PRIME MINISTER Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe on Thursday launched India’s first bullet train project between Ahmedabad and Mumbai. Modi described the ambitious Rs 1.10 trillion, which will cut travel time between the two cities from seven hours to less than three, as a “big gift for the nation”. The Centre is confident of starting the Ahmedabad-Mumbai bullet train on August 15, 2022 to commemorate the 75th year of India's Independence, a year ahead of its schedule, a senior official of the railway ministry said. The official, who is in-charge of the bullet train project, said that while the deadline to launch the train will remain 2023, the railway is focussed to start it keeping in view the Independence Day celebrations in 2022. Railway Minister Piyush Goyal said that the scheduled date of starting the bullet train is 2023, according to the Japanese. Out of the Rs 1,10,000 crore, Japan is giving a loan of Rs 88,000 crore. The interest on this loan is minimal at 0.1 per cent and it is to be repaid in 50 years, with a grace period of 15 years. Goyal said that the project is expected to provide 12-15 lakh jobs. Around 20,000 in construction, 4,000 direct jobs for running the system and around 20,000 indirect jobs. The railway official said the train would take 2 hours and 58 minutes to cover the distance if it took 10 halts, adding that with two halts -- at Surat and Vadodara -- the travelling time would come down to two hours and seven minutes. The bullet train will run at an average speed of 320 km per hour with a maximum speed of 350 km per hour.

FIFA U-17 WORLD CUP: A HOPE FOR THE FUTURE It will be the first time ever that a team representing India will participate in the finals of a FIFA-organised world tournament, let alone the Under-17 World Cup. However, the Colts have been seven-time entrants into the AFC U-16 Championship, which is held the year previous to the U-17 world event. Ousted from the group stage each time bar once, it was the 2002 edition in the United Arab Emirates that India progressed to the quarter-finals only to be humbled by eventual champions, Republic of Korea. The only piece of silverware India U-16 have won is the 2013 South Asian Football Federation (SAFF) U-16 Championship in Nepal. The Blues ended as runners-up in both 2011 and 2015 in the South Asian zonal youth competition. Even in the 2016 AFC U-16 meet in Goa, where they qualified on merit apart from being hosts, India ended at the bottom of their group with just one point to show in return for all their efforts. Aniket Jadhav broke into the footballing scene as a 14-year-old and went to represent India in the FC Bayern Munich Youth Cup in 2014. Being a part of the AIFF setup ever since, the striker has won caps for the nation at all levels and has established himself as Matos' trusted man up front leading the Indian attack, hoping to be the next Indian goal machine. Sikkim-born Komal Thatal is the chief playmaker of this Indian side. The blonde-streaked has proved his credentials by scoring a goal each against the mighty Brazil and Uruguay, the only one to do so amongst the current crop. Anwar Ali joined the squad in April 2017 after he caught Matos' eye when his Minerva Academy beat the national team 1-0 in March. An assured presence at the back, Anwar was first called up during Adam's tenure but failed to make the cut initially.


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IBBI (INSOLVENCY AND BANKRUPTCY BOARD OF INDIA) : THE BACKBONE OF INDIAN BANKS

The Insolvency and Bankruptcy Board of India (‘IBBI’) was established under Insolvency and Bankruptcy Code, 2016 (‘Code’). On 31st March 2017, IBBI in exercise of its powers under the said Code notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation) Regulations, 2017 (‘Regulation’). It came into force with effect from 1st April 2017. The Regulation provides for a complete framework for the voluntary liquidation of any corporate person. Corporate person is defined under Section 3(7) of the Code as any company incorporated under the Companies Act and includes limited liability partnership or any other person incorporated with limited liability but does not include any financial service provider. However, the explanation attached to Regulation 3(3) of the Voluntary Liquidation Regulation specifies that the Regulation 3(1) to 3(3) applies to corporate person other than a ‘company’. The procedure for voluntary liquidation of a company has been provided under Section 59 of the Code. The Insolvency and Bankruptcy Board of India (IBBI) has notified Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The regulations inter alia, specify the manner and content of public announcement, receipt and verification of claims of stakeholders, reports and registers to be maintained, preserved and submitted by the liquidator, realization of assets and distribution of proceeds to stakeholders, distribution of residual assets, and finally dissolution of corporate person.

THE SAGA OF RELATIONS BETWEEN INDIA AND PAKISTAN Relations between India and Pakistan have been complex and largely hostile due to a number of historical and political events. Relations between the two states have been defined by the violent partition of British India in 1947, the Kashmir conflict and the numerous military conflicts fought between the two nations. Consequently, their relationship has been plagued by hostility and suspicion. Northern India and Pakistan somewhat overlap in areas of linguistics, demographics, geography and economics. After the dissolution of the British Raj in 1947, two new sovereign nations were formed—the Dominion of India and the Dominion of Pakistan. The subsequent partition of the former British India displaced up to 12.5 million people, with estimates of loss of life varying from several hundred thousand to 1 million. India emerged as a secular nation with a Hindu majority population and a large Muslim minority, while Pakistan emerged also as a secular nation with an overwhelming Muslim majority population; later becoming an Islamic republic although its constitution guarantees freedom of religion to people of all faiths. Soon after their independence, India and Pakistan established diplomatic relations but the violent partition and numerous territorial claims would overshadow their relationship. Since their Independence, the two countries have fought three major wars, one undeclared war and have been involved in numerous armed skirmishes and military standoffs. The Kashmir conflict is the main centre-point of all of these conflicts with the exception of the Indo-Pakistan War of 1971 and Bangladesh Liberation War, which resulted in the secession of East Pakistan (now Bangladesh).


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NATIONAL NEWS Prime Minister Narendra Modi has inaugurated the

annual conference of ‘Rajaswa Gyan Sangam, 2017’ in -- New Delhi.

The objective of the Conference is to enable a twoway communication between the policy-makers and the senior officers in the field offices with a view to increase revenue collection and facilitate effective implementation of law and policies in key result areas.

The ministry has approved constitution of a 13-member Empowered Steering Committee (ESC) to shape and influence India's preparation for multi- disciplinary events -- Sports Ministry.

The Steering Committee will have the mandate to work till 31st December 2020 with clearly defined terms and references. These include review of the core probable list of each High Priority and Priority disciplines for the Commonwealth Games, Asian Games, and Olympic Games.

The city has been formally accorded the status of India’s first World Heritage City by UNESCO -- Ahmedabad.

Earlier, in July the UN agency had inscribed Ahmedabad as India's first World Heritage City at a meeting held in Poland.

NITI Aayog will host Global Entrepreneurship Summit (GES 2017) in Hyderabad.

NITI Aayog will host the 8th annual Global Entrepreneurship Summit (GES 2017) in partnership with the USA, which is scheduled to be held in Hyderabad from November 28 to 30. The 2017 theme “Women First, Prosperity for All” will celebrate entrepreneurship in all its strength, diversity and entirety.

Royana Singh has become the first woman chief proctor of Banaras Hindu University (BHU).

Royana Singh, an assistant professor at the Institute of Medical Science (Anatomy Department), has been

appointed as the first woman chief proctor of Banaras Hindu University (BHU). She succeeded O P Singh, who recently resigned from the post.

Ganga Prasad has been sworn-in as the new Governor of Meghalaya.

Ganga Prasad, the former member of Bihar Legislative Council (BLC), has been sworn-in as the new Governor of Meghalaya at Raj Bhavan in Shillong on October 5. Prasad has been a member of the legislative council in Bihar for 18 years. He was a businessman by profession, joined politics as a Jan Sangh member in 1967 and held various organisational posts in it as well as in the BJP.

New Delhi hosted the 14th India-EU Summit -2017.

The 14th India-EU Summit was held in New Delhi from October 5-7, 2017. During the summit, both sides are expected to discuss a host of key issues including ways to remove hurdles for the long-pending free trade agreement. The president of the European Council (EC) Donald Franciszek Tusk, and the president of the European Commission (EC) Jean-Claude Juncker, will attend the summit.

IDBI bank has launched ‘Project Nishchay’ to improve financial performance.

IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance. The project will be led by senior management at IDBI Bank along with BCG.

Bihar state government has launched a state-wide campaign against child marriage and dowry on the occasion of Mahatma Gandhi’s birth anniversary. The Bihar government has launched a state-wide campaign against child marriage and dowry on the occasion of Mahatma Gandhi’s birth anniversary. In it, people pledged

CURRENT AFFAIRS OCTOBER 2017


Quest IBS not to get married a girl below 18 years or a boy below 21 or participate in a child marriage or a wedding with dowry.

President Ram Nath Kovind has appointed a Commission to examine the sub-categorisation of OBCs. Under the chairmanship of G Rohini.

President Ram Nath Kovind has recently appointed a Commission to examine the sub-categorisation of the Other Backward Classes (OBCs). Justice (Retd.) G. Rohini will be the chairperson of the Commission which will present its report to the President within 12 weeks.

Dr. Harshvardhan has launched SECURE Himalaya project in association with UNDP. Dr. Harsh Vardhan, the Union Environment Minister, has launched SECURE Himalaya project in association with United Nations Development Programme (UNDP) at the Global Wildlife Programme (GWP) conference in New Delhi. The purpose of the 6-year project is to secure livelihoods, conservation, sustainable use and restoration of high range Himalayan ecosystems, which is meant for specific landscapes.

Soumya Swaminathan has become the first Indian to hold deputy director general post at World Health Organisation (WHO).

Dr Soumya Swaminathan has become the first Indian to hold deputy director general post for Programmes at the World Health Organisation (WHO). Currently, she is the Director General (DG) of the Indian Council of Medical Research (ICMR). Dr Swaminathan is a paediatrician and is known for her research in tuberculosis and HIV.

Rajneesh Kumar has been appointed as the new chairman of the State Bank of India (SBI). Rajnish Kumar, the Managing Director of SBI, has been appointed as the new chairman of the State Bank of India (SBI) for a period of three years. He succeeded Arundhati Bhattacharya, who was the first women chairman of Apex Bank of India.

India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report is 6.7%.

The International Monetary Fund (IMF) has recently released its October 2017 World Economic Outlook. In it, IMF slashed India’s growth forecast by 0.5% points to 6.7%

in FY 18 due to the lingering effects of disruption caused by demonetisation and transition costs of GST.

Anupam Kher has been named as the new chairman of the Film and Television Institute of India (FTII).

Film actor Anupam Kher has been appointed as the new chairman of the Film and Television Institute of India (FTII). He succeeded Gajendra Chauhan. Kher has worked in more than 500 films and over 100 plays in last three decades.

Empower Girls: Before, during and after crises is the theme of 2017 International Day of the Girl Child.

The International Day of the Girl Child (IDGC) is celebrated every year on October 11 to highlight and address the needs and challenges girls face, while promoting girls’ empowerment and the fulfillment of their human rights.

Rank of India in Global Hunger Index 2017 100th out of 119 Countries.

India ranked 100th position among 119 countries on Global Hunger Index (GHI) 2017 report released by Washington-based International Food Policy Research Institute (IFPRI). This year slipped by three positions as compared to 97th rank in 2016 GHI. The Central African Republic (CAR) has the highest GHI score and has been categorised as “extremely alarming”.

New Delhi has hosted the first meeting of EAC-PM.

The first-ever meeting of newly-constituted Economic Advisory Council to Prime Minister (EAC-PM) was held at NITI Aayog, in New Delhi. It was chaired by Dr. Bibek Debroy, Member NITI Aayog. Prime Minister Narendra Modi has constituted five member EAC-PM in September 2017 as an independent body to provide advice on economic issues to the government, specifically to the Prime Minister.

India’s first-ever All India Institute of Ayurveda has come up in New Delhi.

India’s first-ever All India Institute of Ayurveda (AIIA) has been inaugurated by Prime Minister Narendra Modi at Sarita Vihar in New Delhi on the occasion of 2nd National Ayurveda Day (NAD) i.e. on 17 Oct 2017. It has been set up


Quest IBS along the lines of All India Institute of Medical Sciences (AIIMS).

The Global Handwashing Day (GHD) is observed every year on October 15.

The Global Handwashing Day (GHD) is observed every year on October 15 as an annual global advocacy day to increase awareness and understanding about the importance of handwashing with soap as an easy, effective, and affordable way to prevent diseases and save lives.

Petroleum Minister Dharmendra Pradhan has signed pact with Japan for a Technical Intern Training Program (TITP).

The 6th annual LNG Producers Consumer Conference has started in Tokyo, Japan from Oct 16-18, 2017. In it, India has signed a Memorandum of Co-operation (MoC) with Japan to send youngsters there as technical interns for on-the-job training for a period of three to five years. The MoC on TITP is expected to significantly expand the bilateral cooperation between India and Japan in the field of skill

development. India is the third country with which Japan has signed the MoC.

#IamThatWoman online campaign has launched by Union Ministry of Women and Child Development (WCD) to end gender bias in women against women.

The Union Ministry of Women and Child Development (WCD) has launched an online campaign #IamThatWoman to end gender bias in women against women.Through the campaign, the Ministry seeks to highlight the various aspects of women standing ‘by’ and ‘for’ women. The purpose of the campaign is to shed light on the enormous contributions made by women for women.

Arunachal Pradesh (Re-Orgaisation of Districts) Amendment Bill 2017 to create a new district named ‘Kamle’.

Kamle is the 23rd district of Arunachal Pradesh. It has been created by bifurcating the present Upper and Lower Subansiri districts. The bill was introduced on October 14, 2017 by Arunachal Pradesh Chief Minister Prema Khandu.


Quest IBS INTERNATIONAL NEWS

The joint training exercise “Mitra Shakti 2017” has started between India and Sri Lanka.

The 5th India-Sri Lanka joint training exercise “Mitra Shakti 2017” has started at Aundh Military Station in Pune, Maharshtra. The exercise is based on Counter Terrorist Operations (CTO) and an Infantry company from both the countries is participating in the same..

India has been ranked 100th out of 119 countries in the 2017 Global Hunger Index (GHI) report.

India has been ranked 100th out of 119 countries in the 2017 Global Hunger Index (GHI) report, which is released by Washington-based International Food Policy Research Institute (IFPRI). As per report, India’s score (31.4) is at the high end of the serious category, and is one of the main factors pushing South Asia to the category of worst performing region on the GHI 2017, followed closely by Africa South of the Sahara.The list is topped by Belarus.

India’s GDP forecast for FY18 by the World Bank (WB) is 7.0%in its South Asia Economic Focus (Fall 2017) report.

The World Bank (WB), in its biannual economic update “South Asia Economic Focus (Fall 2017)”, has reduced India’s GDP growth forecast to 7.0% for 2017-18 from 7.2% estimated earlier. As per report, the unexpected slowdown in India’s growth story is because of the delayed consequence of demonetization, sharp decline in the growth rate of public expenditures and uncertainty created by the introduction of Goods and Services Tax (GST).

India’s GDP forecast for FY18 is 6.7% by IMF in its latest World Economic Outlook (WEO) report.

The International Monetary Fund (IMF) has recently released its October 2017 World Economic Outlook. In it, IMF slashed India’s growth forecast by 0.5% points to 6.7% in FY 18 due to the lingering effects of disruption caused by demonetisation and transition costs of GST.

Vinay Mohan Kwatra, the 1988 batch of IFS officer, has been appointed as the new Ambassador to Principality of Monaco.

Vinay Mohan Kwatra, the 1988 batch of IFS officer, has been appointed as the new Ambassador to Principality of Monaco, with residence in Paris. He will take his assignment shortly. Presently, he is Ambassador of India to France.

India’s rank in the world’s most valuable nation brands is 8th according to Brand Finance’s Nation Brands 2017 report.

India has been ranked 8th out of 100 countries on a list of most valuable nation brands, according to Brand Finance’s Nation Brands 2017 report. The list is topped by US, followed by China, Germany, Japan and United Kingdom. In terms of valuation, India’s National Brand Value in 2017 is $2.04 trillion, down one percent from last year’s $2.06 trillion.

Rajnath Singh, The Minister of Home Affairs has inaugurated the first ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017).

Rajnath Singh, the Union Home Minister, has inaugurated the first annual BIMSTEC Disaster Management Exercise- 2017 (BIMSTEC DMEx-2017) in New Delhi on October 10. The delegates from all 7 nations of the BIMSTEC grouping, – namely Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand are participating in the event.

Yoga for Wellness is the theme of the 2017 International Conference on Yoga.

M Venkaiah Naidu, the Vice President of India, has inaugurated the 3rd International Conference on Yoga in New Delhi with theme “Yoga for Wellness”on October 10, 2017. The 2-day conference is being organized by the Ministry of AYUSH as a part of year long events being organized to celebrate 21st June as International Day of Yoga.


Quest IBS Nisha Biswal will head the US-India Business Council.

Nisha Biswal, a former state department official, will head the US-India Business Council (USIBC), a powerful advocacy group of US companies with business interest in India. She is expected to join on November 1, 2017. The USIBC is a part of the US Chamber of Commerce, the largest lobbying organisation in the country that wields real political power in Washington.

Rajesh Nath has been conferred the ‘Cross of the Order of Merit’, the highest civilian honour of Germany.

Rajesh Nath, the managing director of VDMA India, has been conferred the ‘Cross of the Order of Merit’, the highest civilian honour awarded to individuals for their services to Germany. The award, also known as Bundesverdienstkreuz or Federal Cross of Merit was instituted in 1951.

The international exhibition ‘World Dental Show 2017’ has opened in Mumbai.

The 3-day international exhibition – ‘World Dental Show 2017’ has opened in Mumbai, Maharashtra on October 6, 2017 to showcase the evolving global technologies and techniques in dentistry. The exhibition, hosted by the Indian Dental Association (IDA), has witnessed participation from the international exhibitors from China, Germany, Israel, Malaysia, Russian Federation, South Korea, Taiwan, Turkey, UK and US.

Audrey Azoulay has been elected to become the new Director-General (DG) of UNESCO.

Audrey Azoulay, a French civil servant and politician, has been elected to become the new Director-General (DG) of United Nations Educational, Scientific and Cultural Organization (UNESCO). She will succeed outgoing DG Irina Bokova of Bulgaria.

HPCL has become the first Indian Oil Marketing Company (OMC) to launch lubricants in Myanmar.

The Hindustan Petroleum Corporation Ltd (HPCL), the public sector undertaking, has become the first Oil Marketing Company (OMC) from India that has started marketing lubricants in Myanmar and has chosen commercial hubs of Yangon and Mandalay.

The world’s first negative emissions plant that turns CO2 into stone has opened in Iceland.

The world’s first negative emissions plant that turns carbon dioxide (CO2) into stone has begun operations in Hellisheidi, Iceland. In it, the CO2 is captured from ambient air, bound to water, and sent to more than 700 meters underground.

The 2017 International Day of Rural Women is observed on 15 October.

The International Day of Rural Women is observed every year on October 15 to recognize the crucial role that women and girls play in ensuring the sustainability of rural households and communities, improving rural livelihoods and overall wellbeing. The 2017 theme is “Challenges and opportunities in climate-resilient agriculture for gender equality and the empowerment of rural women and girls”.

The first-ever International tri services joint exercise “INDRA – 2017” has conducted between Indian & Russia.

The first-ever International tri services joint exercise “INDRA – 2017” will be conducted between Indian and Russian Armed Forces in the Eastern Military District of Russia from 19 to 29 Oct 2017. the INDRA-2017 will strengthen mutual confidence, inter-operability and enable sharing of best practices between both the armed forces.

George Saunders has won the 2017 Man Booker Prize. US author George Saunders has won the 2017 Man Booker Prize for his first full-length novel “Lincoln in the Bardo” and became only the 2nd American writer to win £50,000 ($66,000) Britain’s prestigious English-language literary award.

The 2017 International Day for the Eradication of Poverty (IDEP) is observed on 17 October.

The International Day for the Eradication of Poverty (IDEP) is observed every year on October 17 to raise people’s awareness of the need to eradicate poverty and destitution worldwide, particularly in developing countries. The 2017 theme ‘Answering the Call of October 17 to end poverty.


Quest IBS Kavita Devi has become the India’s first-ever woman

wrestler to sign for World Wrestling Entertainment (WWE).

Kavita Devi from Haryana has become the first ever woman wrestler from India to sign up for the World Wrestling Entertainment (WWE). She also has the distinction of being the first Indian woman to compete in a WWE ring.

Canada has been chosen as the partner country for the 23rd edition of Technology Summit.

Canada has been chosen as the partner country for the 23rd edition of Technology Summit which is scheduled to be held from 14th – 15th November, 2017 in New Delhi. It is jointly organised by the Confederation of Indian Industry (CII) and the Indian Department of Science and Technology (DST). The theme of this summit will be ‘Advanced Manufacturing’

Adesina Receives 2017 World Food Prize Laureate Award.

DR. AKINWUMI AYODEJI ADESINA,the President of the African Development Bank (AfDB), will be recognized as the 2017 World Food Prize Laureate. He was Nigeria’s former Minister of Agriculture and rural development.

Jacinda Ardern to become New Zealand Prime Minister.

New Zealand Labour Party’s leader Jacinda Ardern is set to become youngest-ever female Prime Minister of New Zealand. 37 year old Jecinda Ardern will become New

Zealand’s third female prime minister (after Jenny Shipley and Helen Clark). She will also be the second-youngest Prime Minister of New Zealand after Edward Stafford.

Lebanon’s parliament approves country’s first budget since 2005

Lebanon’s parliament approved country’s first budget in 12 years. It is aimed towards reforming the fragile economy and preventing rising debt from becoming a crisis-like situation.Political crisis gripped Lebanon since the assassination of former Prime Minister Rafik al-Hariri in 2005, thereby preventing the successive government from passing the budget.

Indian-American girl wins 2017 Young Scientist Challenge for water contamination detection device

Indian-American Gitanjali Rao, 11, was announced the winner of Discovery Education’s 3M Young Scientist Challenge. The sensor-based device detects the quality of water and shares the results to a mobile application via Bluetooth.

India, Brazil, South Africa sign IBSA Trust Fund agreement

India, Brazil and South Africa (IBSA) have signed the IBSA Trust Fund Agreement that seeks to fight poverty in developing countries. It was signed at the 8th IBSA trilateral Ministerial Commission Meeting in Durban, South Africa. It is an international tripartite grouping for promoting international cooperation among these countries.


Quest IBS SCIENCE & TECHNOLOGY

Japan launches fourth Michibiki satellite for hi-tech GPS

The Japan Aerospace Exploration Agency (JAXA) successfully launched Michibiki-4 satellite (QZSS-4) onboard of H-IIA rocket from Tanegashima Space Centre. It was fourth satellite in Michibiki series i.e. Quasi-Zenith Satellite System (QZSS), which is a satellite-based high-precision global positioning system similar to US operated GPS.

Bacteria can spread antibiotic resistance through soil.

Researchers including one of Indian origin from North Carolina State University in US have found that antibiotic resistance can be passed between bacteria found in the soil. They also have found that spreading manure on ground as fertiliser can also spread antibiotic resistance to bacteria in the soil.

USA approves first test to screen Zika Virus in donated blood. United States Food and Drug Administration (FDA) has approved ‘Cbas Zika test’ for detecting Zika virus in donated blood. It is first of kind test approved by FDA for detecting Zika virus in donated blood.

Sibir : World’s biggest and most powerful nuclear icebreaker ship launched by Russia

Russia launched Sibir (Siberia), the world’s largest nuclear-powered icebreaker ship built under Project 22220 into the water at the Baltic Shipyard in St Petersburg. Sibir is second of three icebreakers of new class of biggest nuclear powered icebreakers ever constructed under Project 22220. The first one was Arktika (Arctic) was put in service in June 2016. Third icebreaker Ural is set to be completed in 2019.

ISRO’s Mars orbitor mission completes 3 years in orbit ISRO’s globally acclaimed Mars Orbiter Mission (MOM) also known as Mangalyaan completed three years in Martian orbit. It has outlived its original lifespan and is still in good health and continues to work as expected.

Stratolaunch: World’s largest aircraft successfully passes fire engine test

The world’s largest all-composite airplane Stratolaunch in terms of wingspan successfully completed its initial engine tests. It is designed for launching for sending satellite-carrying rockets into low-Earth orbit.

Scientists create world’s first molecular robot

Scientists from University of Manchester have created world’s first ‘molecular robot’ — millionth of a millimetre in size. It can be used to build molecules and may help discover novel drugs.

Ichthyosaur Fossil discovered for first time in India

Geologists for the first time have discovered 152 million year old fossil of Ichthyosaur an extinct marine reptile in Kutch Desert Region of Gujarat. The Specimen belongs to opnthalmosauridae family of Ichthyosaurs that lived in oceans between 165 and 90 million years. ago.

Scientists Develop new tool to Improve monsoon forecast

Scientists from Florida State University in the US have developed new tool for objectively defining onset & demise of Indian Summer monsoon. The new method uses rainfall rates to mark span of ISM at any given location throughout affected regions.

CSIR – NIIST scientists develop organic near infrared filter

Scientists from Thiruvanthapuram based CSIR National Institute for interdisciplinary science and Technology have developed organic filter that allows only near-Infrared light to pass through it.

Commerce & Industries minister Suresh Prabhu launches CIPAM’S Website

Min of commerce & Industries recently launched the official website for the cell for IPR Promotion and Management (CIPAM) of the department of Industrial Policy and Promotion (DIPP)

First 3D Printed wearable ‘battery’ developed by Brunel University researchers

The 3-D Printing method of the wearable battery stacks silicone, glue and gel electrolyte, loyer by layer to make a super capacitor. The super capacitor stores energy on its surface without chemical reactions.


Quest IBS BANKING AND ECONOMY

SBI Life Insurance has received approval from SEBI for an IPO (Initial Public Offering) of up to Rs 8,400 crore.

The IPO will involve 120 million secondary shares or 12 per cent of the insurer's equity capital.

The black Money has been disclosed by 21 thousand people under the Pradhan Mantri Garib Kalyan Yojna (PMGKY) till 31st March this year 4,900 crore rupees.

The Income Tax Department has collected a tax of 2,451 crore rupees till now from these declarations. The scheme was launched in December 2016 by the government to enable people with black money to come clean by paying tax and penalty of 50 per cent.

Punjab National Bank (PNB) and Bharat Sanchar Nigam Limited (BSNL) join hands to roll out open mobile wallet speedpay across 10 states in the country.

Now, BSNL will expand Speed pay services in Punjab, Chandigarh (UT), Haryana, Jammu and Kashmir, Himachal Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand, and Uttarakhand.

Indusind bank has entered into an agreement with Bharat Financial Inclusion to evaluate a potential merger between the two companies.

Microfinance company Bharat Financial Inclusion (formerly known as SKS Microfinance) is on the block.IndusInd Bank management has been authorized to explore strategic opportunities for the expansion of its business and to assess the viability of strategic partnership.

The Pension Fund Regulatory and Development Authority (PFRDA) has raised the upper age limit for joining the National Pension Scheme (NPS) existing 60-years to -- 65 years.

The scheme has the option of continuing and making contributions up to the age of 70. National Pension System (NPS) is a low cost, tax-efficient and flexible retirement savings scheme launched by the government of India (GoI).

India Post Payments Bank (IPPB) gearing up to provide its financial services through all of 1.55 lakh post offices and 3 lakh employees by the end of 2018.

It will create India's second-largest payments bank in terms of reach. The new model of banking allows mobile firms, supermarket chains and others to cater to banking requirements of individuals and small businesses.

The Reserve Bank of India (RBI) will introduce 100 rupees coin to mark the birth centenary of AIADMK founder, former Tamil Nadu Chief Minister Late Dr. M.G. Ramachandran.

The Reserve Bank of India will also issue new Rs 5 and Rs 10 coins. The new Rs. 5 coins will be 23 milli meters in diameter and made of copper (75%), zinc (20%) and nickel (5%). The standard weight of Rs 100 coin will be made of 35 grams while that of Rs 5 coin will be 6 grams.

India's first Payment Bank Airtel Payments Bank launches integrated Unified Payments Interface (UPI) on its digital platform.

In January 2017, Bharti Airtel launched Payments Bank in India to enable transactions on digital platforms. The initiative will allow bank customers to link their bank accounts to Bhim app and make UPI payments.

Fino Payments Bank has launched BPay mobile banking app to make banking easy for millions of underbanked people in India.

The mobile banking app enables simple, paperless, and convenient banking that allows customers to make bill payments, recharges, fund transfers and buy insurance.‘BPay’ allows customers to seamlessly access wallet as well as savings account, with a single login and interface.

State Bank of India has launched India’s first bond index series for overseas investors at the London Stock Exchange (LSE).

With the launch of this index alongside FTSE Russell, SBI intention is to give people a benchmark based on which they can make investment calls.


Quest IBS SPORTS

BCCI nominates Mahendra Singh Dhoni name for Padam Bhushan Award for 2018.

The BCCI has nominated former Indian cricket team captain Mahendra Singh Dhoni (36) for Padma Bhushan, country’s third highest civilian award for his contribution to game. He is only cricketer nominated by BCCI for this years Padma Awards.

Gurbax Singh Sandhu Indian Boxer has been honoured with the 2017 National Awards for senior citizens.

Indian boxing coach Gurbax Singh Sandhu has been honoured with the 2017 National Award for senior citizens by President Ram Nath Kovind.

Los Angles city to host the 2028 Summer Olympics.

Thomas Bach, the President of International Olympic Committee (IOC), has officially announced that Paris will host 2024 and Los Angeles will host 2028 Summer Olympics. Both cities wanted to host the 2024 event, before Los Angeles agreed to wait an extra four years after the IOC made guarantees on funding.

P.V Sindhu became the first Indian shuttler to win BWF Korean Open super series.

Indian shuttler PV Sindhu defeated Nozomi Okuhara of Japan to win BWF Korean Open Super Series. Full Name of PV Sindhu is - PPusarla Venkata Sindhu and she is currently having world 4 ranking in BWF World Ranking. PV Sindhu became first Indian woman to win an Olympic silver medal in 2016 Summer Olympics. She was also awarded with Padma Shri in 2015.

Maria Sharapova has authored the book “Unstoppable: My Life So Far”.

The book ‘Unstoppable: My Life So Far’ has been authored by tennis star Maria Sharapova. The book talks about Sharapova’s rise from nowhere to tennis stardom and the unending fight to stay on top. The book tells how a seventeen-year-old Maria Sharapova became an overnight sensation by defeating the two-time defending champion Serena Williams to win the prestigious Wimbledon.

The West Indian cricket teams are not directly qualified for the ICC Cricket World Cup 2019.

Recently Sri Lanka has qualified for the ICC Cricket World Cup 2019 after West Indies lost the first ODI against England at Old Trafford, With this, Sri Lanka has become the eighth and last team to qualify directly, joining Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa.

M.C Mary Kom the Indian Boxer has become the first Indian to be picked as AIBA representative at IOC athletes’ forum.

M C Mary Kom, the five-time world champion and Olympic bronze-medallist, has become the first Indian to be picked as the International Boxing Association’s (AIBA) representative for the IOC Athletes’ Forum scheduled in November 2017.

Bajrang, the Indian Wrestler has won gold at the Asian Indoor and Martial Arts Games.

Indian wrestler Bajrang has won gold in the men’s freestyle 65kg by defeating Daichi Takatani of Japan iIn Asian Indoor and Martial Arts Games at Ashgabat in Turkmenistan. With this, Indians added four medals including a gold on the 9th day of the games at Ashgabat in Turkmenistan.

UAE to host the 17th edition of the AFC Asian Cup – 2019.

The 2019 AFC Asian Cup football tournament will be hosted by United Arab Emirates (UAE). It is the quadrennial international men’s football championship of Asia organised by the Asian Football Confederation (AFC). It is the 17th edition of the AFC Asian Cup.

Shakib ul Hassan has became the 1st cricketer from Bangladesh to be inducted in MCC World Cricket Committee.

All-rounder Shakib Al Hasan has become the first cricketer from Bangladesh to be inducted in the MCC World Cricket Committee under the chairmanship of Mike Gatting. He is regarded as one of Bangladesh’s finest players since they were awarded the Test status in 2000, with the all-rounder having played 51 Test matches and 177 One-day Internationals (ODI).

Yuvraj Singh has become the first Indian Brand Ambassador of Laureus.


Quest IBS Indian Cricketer Yuvraj Singh has become the first Indian Brand Ambassador of Laureus and joined a host of cricket legends in the Laureus Family, including Indian Academy members Sachin Tendulkar, Rahul Dravid and Kapil Dev.

Rafel Nadal has won the China Open Lawn Tennis Tournament 2017.

Rafael Nadal, a Spanish professional tennis player, has won the 2017 China Open Tennis tournament by defeating Nick Kyrgios in the final by 6-2, 6-1 in Beijing, China. It is his 6th ATP title of the year. Nadal’s six trophies this year include a record 10th title at the French Open and a third at the US Open.

Ravi Shastri becomes World’s Highest Earning Cricket Coach

Indian cricket team coach Ravi Shastri is the world’s highest-earning cricket coach in the world. He is paid around 1.17 million dollars per year from the BCCI which is more than the salary of Indian cricket team’s captain Virat Kohli.

Cristiano Ronaldo tops the Forbes Rich List of sport stars

According to the latest Forbes’ Rich List Cristiano Ronaldo is the richest sports personality in the world. The Real Madrid striker has earned an incredible £70million in the last year, along with picking up another Champions Leaguemedal and becoming the inaugural winner of The Best FIFA Men’s Player award.


Quest IBS PERSON IN NEWS

Senior bureaucrat has been appointed Secretary in the Department of Financial Services (DFS) - Rajiv Kumar.

The DFS looks after the functioning of banks, financial institutions, insurance companies and the national pension system.

The Chairman of the Central Board of Secondary Education (CBSE) - Anita Karwal

She has replaced ‘Rajesh Kumar Chaturvedi’ who has been moved to the National Skill Development Agency as Director General (DG).

Bollywood actress has been appointed woman ambassador in 'Friends of Australia' (FOA) advocacy panel - Parineeti Chopra

She will be the first Indian woman ambassador to be a part of the FOA advocacy panel. The 'Friends of Australia' (FOA) program has been devised as a way of fostering mutually beneficial and long-term friendship with those that Tourism Australia regards as unique storytellers.

Chairman-cum-Managing Director of NMDC (National Mineral Development Corporation) - N Baijendra Kumar

The NMDC (National Mineral Development Corporation) Limited is a state-controlled mineral producer of the Government of India under administrative control of theMinistry of Steel.

Who has been unanimously elected as the Chairman of Press Trust of India (PTI) - Viveck Goenka

Press Trust of India (PTI) is the news agency in India, headquartered in New Delhi and is a non-profit cooperative among more than 500 Indian newspapers.

The union govt. has appointed interim GSTN Chairman -- A.B Panday

The union govt. has given Unique Identification Authority of India (UIDAI) CEO ‘A.B. Pandey’ additional charge of Goods and Services Tax Network (GSTN).

Former speaker of Singapore’s parliament has been declared as the President of Singapore___Mdm Halimah Yacob

Under section 15 of the Presidential Election Act, declared Mdm Halimah to be elected to the office of President as only one candidate stands nominated at end of nomination period.

Former Secretary-General of UN has been elected as Chair of Ethics Commission of the International Olympic Committee (IOC) - Ban Ki-moon

Mr. Moon was the 8th Secretary-General of the United Nations (Jan 2007 - Dec 2016).

The Director General (DG) of the National Investigation Agency (NIA) - Y.C Modi

Mr. Modi will take over from Sharad Kumar after he completes his tenure on 30th October this year.National Investigation Agency (NIA) is a central agency established by the Indian Government to combat terror in India.

The director general (DG) of the Sashastra Seema Bal (SSB) - Rajni Kant Misra

He will hold the post till the date of his superannuation (31st August, 2019). Sashastra Seema Bal (SSB) is one of India's Central Armed Police Forces, currently under the administrative control of the Ministry of Home Affairs (MHA).

Bollywood Actor has been appointed as the Brand Ambassador of Swachh Bharat Abhiyan in Uttarakhand - Akshay Kumar.

In August 2017, he was also appointed as the brand ambassador for the cleanliness campaign in Uttar Pradesh.

The ambassador of Poland has been appointed as the Indian High Commissioner to Pakistan - Ajay Bisaria.

He will replace Gautam Bambaware. An ambassador (diplomats) is a diplomatic representative that attends international meetings, banquets and parties and acts as a figurehead for their country of origin.


Quest IBS The Union government has constituted a GST

Committee on Exports headed by - Dr Hasmukh Adhia

The panel is mandated to recommend to the GST Council a suitable strategy for helping the export sector in the post-GST set-up.

NPCI’s (National Payments Corporation of India) interim Chairman - B Sambamurthy

National Payments Corporation of India (NPCI) is the umbrella organisation for all retail payment systems in India, aims to allow Indian citizens to have unrestricted access to ‘e-payment’ services.

Noted economist has been appointed as the first Chairman of the five-member Economic Advisory Council (EAC- PM) - Bibek Debroy

The council serves to highlight key economic issues facing the country to the government of India from a neutral viewpoint.The Economic Advisory Council to the Prime Minister (PMEAC) is a non-constitutional, nonpermanent and independent body constituted to give economic advice to the Government of India, specifically the Prime Minister.

The first woman Chief Proctor of Banaras Hindu University (BHU) - Professor Royana Singh

Professor Singh is a professor in the Anatomy department of the Institute of Medical Sciences and the chairman of the Women's Grievance Cell of the BHU.

AWARDS

Andhara Pradesh CM has announced a reward of one crore rupees to Arjuna awardee archer Vennam Jyoti Surekha

N. Chandrababu Naidu also announced a 500- sq yd house site in Vijayawada and a government job for her. The Chief Minister also announced 10 lakh rupees reward for Devisri Prasad (10-year) of Tirupati on setting the Guinness World Record in skating.

N.R Narayan Murthi has won the PLuS Alliance Prize for Global Leadership

Narayana Murthy for Global Leadership and Veena Sahajwalla for Research Innovation for her project 'The new science of green manufacturing.

Indian Badminton legend Prakash Padukone received Badminton Association of India’s (BAI)�first lifetime achievement award for his contribution to Badminton

Padukone had won the 1980 All England, besides bagging a bronze at the 1983 World Championship in Copenhagen and a gold medal at the 1978 Commonwealth Games.

E.K Palanoswami the Tamilnadu state’s CM has announced cash incentives for meritorious differently-abled sportspersons in the 7th World Dwarf Games in Canada

They will be given cash awards of five lakh rupees each for every gold medal, three lakh rupees each for every silver and two lakh each for every bronze.

The Bollywood star Salman Khan has received the ‘Global Diversity Award’ at Britain’s House of Commons

The Global Diversity Award is given to people of immense stature in terms of what they have done for diversity in the world.

The prestigious A Nageswara Rao (ANR) National Award has been given to S.S.Rajamouli for his contribution to the Telugu film industry

The ANR National Award was instituted by the Akkineni International foundation in the honor of Akkineni Nageswara Rao.

A Nigerian lawyer teacher & peacemaker Zannah Mustapha has won the 2017 UN High Commission for Refugees (UNHCR)

Mustapha founded a school 10 years ago in Maiduguri (the capital of Borno State) which is the epicentre of the Boko Haram insurgency.

The film Newton will be India’s official entry for the Best Foreign Film category at the Oscars 2018-Newton is a 2017 Indian Hindi-language black comedy film directed by Amit V Masurkar and Produced by Drishyam Films.

Eminent scientist C.N.R Rao has chosen for the prestigious Von Hippel Award for his immense contribution in materials research


Quest IBS The award citation noted Mr. Rao’s immense work on novel functional materials, including nanomaterials, graphene and 2D materials, superconductivity, and colossal magnetoresistance.

M K Sanu, the well-known critic, biographer and orator, has been chosen for the Mathrubhumi Literary Award for 2017.

M K Sanu, the well-known critic, biographer and orator, has been chosen for the Mathrubhumi Literary Award for 2017 in recognition of his rich contribution to the Malayalam literature. The award carries a cash prize of Rs 2 lakh, a citation and a statuette. Sanu is a permanent member of International body for Human rights.

Bindeshwar Pathak has been bestowed with the 2017 Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics and Management.

Dr. Bindeshwar Pathak has been bestowed with the 18th edition of Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics and Management for year 2017 by the President of India, Shri Ram Nath Kovind at Rashtrapati Bhavan.

T.D Ramakrishna has been choosen for the 2017 Vayalar Ramaverma Literacy Award.

T D Ramakrishnan has been chosen for the 2017 Vayalar Ramavarma Literary Prize for his novel “Sugandhi Enna Andal Devanayaki”. The 40th award ceremony will be held on 27th October 2017, the death anniversary of the late poet and lyricist Vayalar Ramavarma.

Gauri Lankesh has become the first person from India to win Anna Politkovskaya Award. Kannada journalist Gauri Lankesh, who was shot dead in Bengaluru on September 5, 2017, has been awarded a prestigious global Anna Politkovskaya Award, which is given in the memory of a slain Russian reporter and political activist.

Carnatic vocalist T M Krishna has won the Indira Gandhi Award for National Integration for 2015-16.

Carnatic vocalist T M Krishna has won the Indira Gandhi Award for National Integration for 2015 -16 for his services in promoting and preserving national integration in the country. He will be presented with the honour by Congress

president Sonia Gandhi on October 31, Indira Gandhi’s death anniversary.

Environmental scientist Hans Joachim Schellnhuber receives Blue Planet Prize

Environmental scientist Hans Joachim Schellnhuber received Blue Planet Prize, world’s most prestigious award for pioneers in environmental science. He is the second recipient of the Blue Planet Prize. She has been awarded for her research about biodiversity and natural capital.

Ministry of Petroleum & Natural Gas conferred with Swachh Bharat Inter-Ministerial Award

Ministry of Petroleum & Natural Gas (MoPNG) was awarded Swachh Bharat Inter-Ministerial Award in Swachh Bharat National Award ceremony on Gandhi Jayanti, in New Delhi. The Swachh Bharat Inter-Ministerial Award was given by Minister of State, Ministry of Drinking Water & Sanitation S.S.Ahluwalia to MoPNG. The award was received by Senior Adviser (PNG).

Javed Akhtar to be honoured with Hridaynath Mangeshkar Award

Veteran writer and lyricist Javed Akhtar is to be honored with the Hridaynath Mangeshkar Award will receive Rs.1,00,000 along with a memento. The programme is being presented to celebrate the 75-year-old music career of singer Lata Mangeshkar.

Indian- American Attorney Ajay Raju Recognised With Philanthropy Award

Indian-American attorney Ajay Raju honoured with the 3rd American Bazaar Philanthropy award. Ajay Raju has been awarded for his philanthropic activities in the US. He is honoured with for his commitment to revive Philadelphia through the Germination Project.

Indian peacekeepers in South Sudan awarded UN medal

50 Indian peacekeepers placed in South Sudan were awarded the UN Medal for their service in maintaining peace in South Sudan. The award was presented by UNMISS Force Commander General Frank Mushyo Kamanzi. Indian Ambassador to South Sudan, Srikumar Menon, attended the medal ceremony.


Quest IBS ORBITUARIES

Trinamool Congress (TMC) MP Sultan Ahmed passed away after suffering a cardiac arrest

Mr. Ahmed was elected to the 15th Lok Sabha from Uluberia (Lok Sabha constituency) on a Trinamool Congress ticket. He also served as the Union Minister of State for Tourism in the Manmohan Singh government.

Arunachal Pradesh health and family welfare minister Jomde Kena passed away at a private hospital in Guwahati

He was a resident of Gensi village in Lower Siang district. Kena was elected as the deputy speaker during the Nabam Tuki government and served as a parliamentary secretary under the Dorjee Khandu and Jarbom Gamlin ministries.

Noted journalist and activists Gauri Lankesh was shot dead at her Rajarajeshwari Nagar's residence in Bengaluru

She was the editor of popular Kannada tabloid Lankesh Patrike founded by her father P Lankesh(writer).

Veteran actor Frank Vincent passed away during open heart surgery in New Jersey

He is known for his role in films like “The Sopranos” and “Goodfellas”.Vincent most notably appeared as Tony Soprano’s arch nemesis, Phil Leotardo in the “The Sopranos” starting in season five and until the series’ conclusion in 2007.

IAF Marshal Arjan Singh passed away recently, who led the Indian Air Force in the 1965 India-Pakistan War

Mr. Singh served as the IAF's Chief of Staff during the 1965 India-Pakistan war.Mr. Singh also served the nation as an ambassador to Switzerland (in 1971), as High Commissioner to Kenya (in 1974) and became the Lt. Governor of Delhi (in 1989).

The father of nephrology in India Dr. K.S Chugh has passed away in Chandigarh

Dr K S Chugh. Note: Dr Chugh was emeritus professor and former head of department of nephrology at the Postgraduate Institute of Medical Education and Research (PGIMER), Chandigarh.

Noted BJP politician and religious leader Mahant Chand Nath has passed away at a Delhi

He had won the Alwar seat in the 2014 parliamentary elections after defeating Congress candidate and former Union minister Jitendra Singh

Bollywood actress Shakila passed away due to heart attack at her residence in Mumbai

She best known for her roles in Guru Dutt's films, Aar Paar (1954) and C.I.D. (1956).

French businesswoman world's richest woman Liliane Bettencourt passed away in Paris

In 2016, Bettencourt was ranked as the richest woman in the world with a fortune of USD 39.5bn by Forbes magazine. Bettencourt was the only child of Louise Madelaine Berthe and Eugene Schueller (founded L’Oreal).

Former World Middleweight Champion and stand-up comedian Jake Lemotta passed away in Miami

The boxing legend's life story was told in the movie Raging Bull where he was played by Robert De Niro who paid tribute to him.

Veteran Marathi writer and journalist Arun Sadhu passed away in Mumbai

He is better known for his novel in Marathi "Simhasan" and "Mumbai Dinank". As a journalist, he has won several awards including Sahitya Academy award,Bharatiya Bhasha Parishad, NC Kelkar and Acharya Atre award.

The Indian actor of American descent Tom Alter passed away at his residence in Mumbai

He made his big screen debut in 1976 with a small role in Dharmendra-starrer Charas and later went on to work in films like Shatranj Ke Khiladi, Gandhi, Kranti, Bose: The Forgotten Hero and Veer Zara.

A veteran Congress leader Makhan Lal Fotedar passed away at a hospital in Gurugram

Fotedar was ushered into politics by Jawaharlal Nehru in early 1950s and he gradually strengthened his position in the Congress to become one of the most powerful persons in the party.


Quest IBS

IMPORTANT BANKING TERMS Garnishee Order: A legal procedure by which a creditor

can collect what a debtor owes by reaching the debtor’s property when it is in the hands of someone other than the debtor.

Initial Public Offering (IPO): It is a type of public offering in which shares of a company usually are sold to institutional investors [1] that in turn, sell to the general public, on a securities exchange, for the first time.

Joint Account: Bank account in the name of two or more individuals who jointly share its concomitant rights and liabilities. Joint holders of an account are regarded in law as together making up the ‘owner.’

Non-Performing Assets (NPA): It is defined as a credit facility in for which the interest and/or installment of Bond finance principal has remained “past due” for a specified period of time.

Asset-Backed Securities (ABS): A type of security that is backed by a pool of bank loans, leases, and other assets. Most ABS are backed by auto loans and credit cards – these issues are very similar to mortgage-backed securities.

Collateral: A specific asset pledged against possible default on a bond. Mortgage bonds are backed by claims on property. Collateral trusts bonds are backed by claims on other securities. Equipment obligation bonds are backed by claims on equipment.

Convertible Bond: A bond with an option, allowing the bondholder to exchange the bond for a specified number of shares of common stock in the firm. A conversion price is the specified value of the shares for which the bond may be exchanged. The conversion premium is the excess of the bond’s value over the conversion price.

Credit Rating: An assessment of the likelihood of an individual or business being able to meet its financial obligations. Credit ratings are provided by credit agencies or rating agencies to verify the financial strength of the issuer for investors.

Subordinated Bond: An issue that ranks after secured debt, debenture, and other bonds, and after some general

creditors in its claim on assets and earnings. Owners of this kind of bond stand last in line among creditors, but before equity holders, when an issuer fails financially.

Small Industries Development Bank of India (SIDBI): An independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India.

BASEL Committee: A committee established by the Central Bank governors of the Group of ten countries in 1974 that seeks to improve the supervisory guidelines that central banks or similar authorities impose on both wholesale and retail banks.

CORE Banking Solution (CBS): It is networking of branches, which enables Customers to operate their accounts, and avail banking services from any branch of the Bank on CBS network, regardless of where he maintains his account.

Forgery: It is the process of making, adapting, or imitating objects, statistics, or documents with the intent to deceive for the sake of altering the public perception.

APR: The annual percentage rate of interest, usually on a loan or mortgage, usually displayed in brackets and representing the true cost of the loan or mortgage as it shows any additional payments beyond the interest rate.

Annuity: A life insurance product which pays income over the course of a set period. Deferred annuities allow assets to grow before the income is received and immediate annuities (usually taken from a year after purchase) allow payments to start from about a year after purchase.

Bounced Cheque: when the bank has not enough funds in the relevant account or the account holder requests that the cheque is bounced (under exceptional circumstances) then the bank will return the cheque to the account holder. The beneficiary of the cheque will have not been paid. This normally incurs a fee from the bank.

Certified Documents: These are photocopies of original documents that have been signed by a professional i.e. a solicitor, accountant, teacher, doctor or bank official. The

BANKING: AT A GLANCE


Quest IBS professional also states, on the document, "original seen" since they must be able to verify that these are genuine copies and therefore have to have seen the original, they also date the document and put their full name, profession and their address.

Cheque Book: A small, bound booklet of cheques. A cheque is a piece of paper produced by your bank with your account number, sort-code and cheque number printed on it. The account number distinguishes your account from anyone elses, the sort-code is your bank’s special code which distinguishes it from any other bank.

Endowment Mortgage: Interest only is paid over the term of this sort of mortgage and the capital is repaid at the end of the term by using the monies from an endowment policy.

Marginal Standing Facility (MSF): It is rate at which the scheduled banks can borrow funds overnight from RBI against government securities. It is a very short term borrowing scheme for scheduled banks. It adjusted to 6.25%.

Statutory Liquidity Ratio (SLR): It was unchanged 20%. It is amount that banks have to maintain a stipulated proportion of their net demand and time liabilities (NDTL) in the form of liquid assets like cash, gold and unencumbered securities, treasury bills, dated securities etc.

Monetary Policy Committee of Reserve Bank of India: MPC is a committee of the central bank — Reserve Bank of India, headed by its Governor. It was set up by amending the RBI Act to provide for a statutory and institutionalised framework for MPC. The 6 member MPC is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the target level.

Account Holder: Any and all persons designated and authorized to transact business on behalf of an account. Each account holder's signature needs to be on file with the bank. The signature authorizes that person to conduct business on behalf of the account.

Arbitrage: Buying a financial instrument in one market in order to sell the same instrument at a higher price in another market.

Amortization: The process of reducing debt through regular installment payments of principal and interest that will result in the payoff of a loan at its maturity.

Asset-Backed Securities (ABS): A type of security that is backed by a pool of bank loans, leases, and other assets. Most ABS are backed by auto loans and credit cards – these issues are very similar to mortgage-backed securities.

Automated Teller Machine (ATM): A machine, activated by a magnetically encoded card or other medium that can process a variety of banking transactions. These include accepting deposits and loan payments, providing withdrawals, and transferring funds between accounts.

Bancassurance: Bancassurance refers to the distribution of insurance products and the insurance policies of insurance companies which may be life policies or non-life policies like home insurance - car insurance, medi-policies and others, by banks as corporate agents through their branches located in different parts of the country by charging a fee.

Banker's Lien: Bankers lien is a special right of lien exercised by the bankers, who can retain goods bailed to them as a security for general balance of account. Bankers can have this right in the absence of a contract to the contrary.

Brick & Mortar Banking: Brick and Mortar Banking refers to traditional system of banking done only in a fixed branch premises made of brick and mortar. Now there are banking channels like ATM, Internet Banking, tele banking etc.

Inflaion: Inflation is as an increase in the price of bunch of Goods and services that projects the Indian economy. An increase in inflation figures occurs when there is an increase in the average level of prices in Goods and services. Inflation happens when there are fewer Goods and more buyers; this will result in increase in the price of Goods, since there is more demand and less supply of the goods.

Deflation: Deflation is the continuous decrease in prices of goods and services. Deflation occurs when the inflation rate becomes negative (below zero) and stays there for a longer period.

PLR: The Prime Interest Rate is the interest rate charged by banks to their most creditworthy customers (usually the


Quest IBS most prominent and stable business customers). The rate is almost always the same amongst major banks. Adjustments to the prime rate are made by banks at the same time; although, the prime rate does not adjust on any regular basis.

FII: FII (Foreign Institutional Investor) used to denote an investor, mostly in the form of an institution. An institution established outside India, which proposes to invest in Indian market, in other words buying Indian stocks. FII's generally buy in large volumes which has an impact on the stock markets. Institutional Investors includes pension funds, mutual funds, Insurance Companies, Banks, etc.

FDI: FDI (Foreign Direct Investment) occurs with the purchase of the “physical assets or a significant amount of ownership (stock) of a company in another country in order to gain a measure of management control” (Or) A foreign company having a stake in a Indian Company.

Fiscal Deficit: It is the difference between the government’s total receipts (excluding borrowings) and total expenditure.

100 ONE LINERS BANKING 1. MICR code consists of how many digits?

Ans: 9 digits. (First three digits denotes city, next three digits representing the bank and the last three digits representing the bank branch)

2. What is the minimum limit in RTGS system?

Ans: 2 lakhs (there is no upper limit in RTGS)

3. What is full form of CTS?

Ans: Cheque Truncation System

4. Under which service, customers may access their bank account and perform basic transactions from any of the member branch offices?

Ans: Core Banking Solution (CBS)

5. Exchange of cash flow in different currency is known as:

Ans: Currency Swap

6. Assets or loans which stop performing after 90 days is known as:

Ans: Non Performing Asset (NPA)

7. Who controls the Monetary Policy in India?

Ans: RBI (Reserve Bank of India)

8. Which card is issued by NPCI (National Payments Corporation of India)?

Ans: RuPay Card

9. Definition of Current Account deficit:

Ans: A measurement of a country's trade in which the value of goods and services it imports exceeds the value of goods and services it exports.

10. Full form IFSC –

Ans: Indian Financial System Code

11. Commercial paper can be issued for a maximum period of:

Ans: 365 days or 1 year.

12. The Mutual funds in India follow accounting standards laid by:

Ans: SEBI (Securities and Exchange Board of India)

13. Minimum amount for Certificate of Deposit has been fixed at:

Ans: Rs. 1 Lakh

14. AML is a term mainly used in the financial and legal industries. Expand the term AML:

Ans: Anti Money Laundering

15. PIN is a number allocated to an individual and used to validate electronic transactions. Expand

Ans: Personal Identification Number

16. What is Repo rate?

Ans: It is the rate is the rate at which RBI lends money to the commercial banks.

17. What is Stale Cheque?

Ans: A cheque which is presented to a bank after 3 months from date of issue is considered as stale cheque and will often not be honored for cash or deposit at a bank.

18. What is Bancassurance?

Ans: The selling of life assurance and other insurance products and services by banking institutions.

19. The objective of KYC guidelines is to prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist financing activities. What is the full form of KYC?

Ans: Know Your Customer (KYC)

20. Know Your Customer (KYC) guidelines are issued under:


Quest IBS Ans: Section 35A of the Banking Regulation Act, 1949

21. In BSBDA (Basic Savings Bank Deposit Account) the credits in a financial year does not exceed rupees:

Ans: Rs. 1 lakh

22. In BSBDA (Basic Savings Bank Deposit Account) the balance at any point of time does not exceed rupees:

Ans: Rs. 50,000

23. In BSBDA (Basic Savings Bank Deposit Account) the withdrawals and transfers in a month does not exceed rupees:

Ans: Rs. 10,000

24. At which rate RBI give loans to commercial banks?

Ans: Repo rate

25. Full form of CASA:

Ans: Current Account Saving Account

26. In what denominations Commercial Paper (CP) can be issued?

Ans: Rs. 5 lakh

27. What is the minimum denomination of Treasury bills to issue in India?

Ans: Rs. 25,000

28. Who cannot issue Certificate of Deposit (CD)?

Ans: Regional Rural Banks (RRBs) and Local Area Banks (LABs)

29. Expand ASBA:

Ans: Application Supported by Blocked Amount

30. Depositor Education and Awareness Fund (DEAF) is maintained with:

Ans: RBI

31. Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with:

Ans: Central Bank (RBI)

32. What is the maximum amount per transaction NEFT limit for cash-based remittances to Nepal?

Ans: Rs. 50,000

33. What does CAR stands for?

Ans: Capital Adequacy Ratio

34. IFSC code consists of _____ alpha numeric code.

Ans: 11 digits

(The IFSC is an 11 digit alpha numeric code, with the first four digits identifying the bank, fifth is numeric (kept 0) and the last six digits represent the bank branch.)

35. When money is lent or borrowed for one day or on overnight basis it is known as:

Ans: Call Money

36. When money is lent or borrowed for between 2 days and 14 days it is known as:

Ans: Notice money

37. When money is lent or borrowed for a period of more than 14 days, it is known as:

Ans: Term money

38. Treasury Bills and Certificate of Deposit are considered as the ____instruments.

Ans: negotiable money market

39. Commercial Paper (CP) is an unsecured money market instrument issued in the form of a _____.

Ans: Promissory note.

40. What is the upper limit in Public Provident Fund (PPF)?

Ans: Rs. 1.5 lakhs

41. As per RBI guidelines, with effect from April 1, 2012, the validity period of Cheques, Demand Drafts, Pay Orders and Banker's Cheques is _____

Ans: 3 months

42. What is the time limit for an asset or loan to be declared as Non-Performing Asset?

Ans: 90 days

43. Deposit Insurance and Credit Guarantee Corporation (DICGC) does not cover:

Ans: Primary co-operative societies

44. RBI measure to liquidate the market:

Ans: Repo rate.

45. Full form of EFT:

Ans: Electronic Fund Transfer

46. Fastest mode of transaction:

Ans: RTGS

47. Alphanumeric code on cheque is known as:

Ans: Indian Financial System Code (IFSC)

48. Bank pays interest on savings account?


Quest IBS Ans: Daily Basis

49. What is the loan limit for education under priority sector for studies abroad?

Ans: Rs. 20 lakh

(Loans to individuals for educational purposes including vocational courses upto Rs.10 lakh for studies in India and Rs. 20 lakh for studies abroad are included under priority sector.)

50. RuPay Card is an Indian version of credit/ debit card is launched by which organization:

Ans: NPCI (National Payments Corporation of India)

51. Fixed Deposit (FD) Account may be opened for a minimum period of:

Ans: 7 days

52. What is the minimum amount required to open a Fixed Deposit (FD)?

Ans: Rs.1000

53. The Banks has converted all ‘no - frills' accounts’ into:

Ans: Basic Savings Bank Deposit Accounts

54. 'Pradhan Mantri Jan Dhan Yojana' is a Scheme for:

Ans: Financial inclusion

55. How much overdraft facility to be provided in 'Pradhan Mantri Jan Dhan Yojana' scheme?

Ans: Rs. 5,000

56. In CBS, C stands for:

Ans: Core (Core Banking Solutions)

57. In CRAR, A stands for:

Ans: Assets (Capital to Risk Weighted Assets Ratio)

58. IMPS- Immediate Payment Service is an interbank electronic instant mobile money transfer service through mobile phones in India, the facility is provided by:

Ans: NPCI (National Payment Corporation of India)

59. The Central Bank of India has adopted new measure of inflation:

Ans: Consumer Price Index (CPI)

60. When a cheque is torn into two or more pieces and presented for payment, such a cheque is called:

Ans: mutilated cheque

61. How much fee charged to file a complaint under Banking Ombudsman?

Ans: Banking Ombudsman does not charge any fee

62. Who is the appellate authority in Banking Ombusdsman?

Ans: Deputy Governor of RBI

63. If any customer is not satisfied by the decision of Banking Ombudsman, customer can appeal against the award before the appellate authority within how many days from the date of receipt?

Ans: 30 days

64. ATMs or Cash Dispensing machine which are owned and operated by Non-Banking Financial Companies are called:

Ans: White Label ATMs.

65. RBI gave in-principle for Banking license to:

Ans: IDFC and Bandhan

66. Minimum capital requirement for new banks in private sector is:

Ans: Rs. 500 crore

67. A Non-Banking Financial Company (NBFC) is a company registered under the:

Ans: Companies Act, 1956

68. Minimum capital requirement for Non-Banking Financial Company (NBFC) is:

Ans: Rs. 500 crore

69. The NBFCs are allowed to accept/renew public deposits for a minimum period of:

Ans: 12 months (and maximum period of 60 months)

70. A NBFCs cannot offer interest rates higher than the ceiling rate prescribed by RBI? What is the present ceiling?

Ans: 12.5 per cent per annum

71. Minimum capital requirement for Foreign banks that want to set up operations in India is:

Ans: Rs. 500 crore

72. What is the minimum paid-up capital requirement of both small banks and payments banks in India?

Ans: Rs. 100 crore

73. RBI extended the timeline for full implementation of Basel III norms till:


Quest IBS Ans: 31 March 2019

74. SLR (Statutory Liquidity Ratio) is the amount a commercial banks needs to maintain in the form of _______before providing credit to its customers.

Ans: cash, or gold, or govt. approved securities (Bonds)

75. _______ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.

Ans: Marginal Standing Facility (MSF)

76. Who issues Treasury bills (T-bills) in India?

Ans: Government of India

77. Treasury bills are available for a minimum amount of:

Ans: Rs. 25,000

78. Minimum & Maximum Limit of NEFT:

Ans: No limit

79. What is the rate of interest rate on provident fund for the current fiscal?

Ans: 8.75%

80. Govt. to implement GST (Goods & Services Tax) new indirect tax regime from:

Ans: 1st April 2017

81. RBI extends deadline for exchanging pre-2005 currency from June 30, 2015 to

Ans: December 31, 2015

82. How much amount RBI allows in 'Tap and pay' transactions without PIN?

Ans: Rs. 2000

83. RBI lifted a ban on carrying Indian bank notes of Rs 1,000 and Rs. 500 denominations to and from:

Ans: Nepal and Bhutan

84. C stands for in "KYC":

Ans: Customer

85. Pension scheme for unorganized sector:

Ans: Swavalamban

86. Full form of REIT:

Ans: Real State Investment Trust

87. Forward Market Commission was merged with:

Ans: SEBI

88. Purpose of starting Minor account for 10 years children:

Ans: Financial inclusion

89. Full form of CVV:

Ans: Card Verification Value

90. Bank of International Settlement headquarter:

Ans: Switzerland

91. Who appoints Banking Ombudsman officer?

Ans: RBI

92. IFRS full form:

Ans: International Financial Reporting Standards.

93. Corporate Social Responsibility committee headed by:

Ans: Anil Baijal

94. Which is the Regulatory body for RRBs?

Ans: NABARD

95. RBI policy related to money laundering?

Ans: Know Your Customer (KYC)

96. Mutual funds regulated by:

Ans: SEBI (Securities and Exchange Board of India)

97. What is the full form of MTSS?

Ans: Money Transfer Service scheme

98. How much amount of money can RBI lend to a bank?

Ans: 2% of NDTL (Net Demand and Time Liablities)

99. What RBI does to Increase its Monetary Base?

Ans: OMO (Open Market Operations)

100. Which rate does RBI Reduces to Increase liquidity in market?

Ans: Repo Rate


Quest IBS

Days to Remember NOVEMBER 5th November World Tsunami Awareness Day 8th November World Radiography Day 9th November World Services Day 10th November International Science day of Peace and

Development 11th November National Educational Day (Birthday of

first education minister of India Maulana Abdul Kalam Azad)

12th November World Pneumonia Day 14th November World Diabetes Day 16th November International Day of Tolerance 19th November World Toilet Day 21st November World TV Day, World Fisheries Day 26th November National Constitution Day, National Milk

Day DECEMBER 1st December World AIDS Day

2nd December International Computer Literacy Day, International Pollution Prevention Day

3rd December World Disables Day 4th December Indian Navy Day 5th December World Soil Day 7th December International Civil Aviation Day 9th December International Day against Corruption 10th December Human Rights Day 11th December UNICEF Day 14th December World Energy Day 18th December World Migrants Day 19th December Goa Liberation Day 22nd December National Mathematics Day (Birthday of

Srinivas Ramanujan) 23rd December National Kisan Day (Birthday of Ch.

Charan Singh) 25th December National Good Governance Day (Birthday

of Atal Bihari Vajpayi)

Important International Organizations & their Headquarter 1. Asian Infrastructure Investment Bank – Beijing, China 2. New Development Bank (BRICS Development Bank) –

Shanghai, China 3. Asian Development Bank – Manila, Philippines 4. International Monetary Fund (IMF) – Washington DC, US 5. World Bank – Washington DC, US 6. United Nations Organization (UN) – New York, US 7. United Nations Children’s Fund (UNICEF) – New York,

US 8. United Nations Populations Fund (UNFPA) – New York,

US 9. United Nations Conference on Trade & Development

(UNCTAD) – Geneva, Switzerland 10. World Health Organization (WHO) – Geneva, Switzerland 11. World Economic Forum – Geneva, Switzerland 12. International Labour Organisation – Geneva, Switzerland 13. World Trade Organisation – Geneva, Switzerland 14. World Meteorological Organisation – Geneva, Switzerland 15. World Intellectual Property Organisation – Geneva,

Switzerland 16. International Committee of the Red Cross – Geneva,

Switzerland 17. United Nations Education Scientific & Cultural

Organisation (UNESCO) – Paris, France 18. Organisation for Economic Cooperation & Development

(OECD) – Paris, France

19. United Nations Industrial Development Organisation (UNIDO) – Vienna, Austria

20. International Atomic Agency – Vienna, Austria 21. Organisation of Petroleum Exporting Countries (OPEC) –

Vienna, Austria 22. Amnesty International – London, UK 23. International Maritime Organisation – London, UK 24. Commonwealth of Nations – London, UK 25. North Atlantic Treaty Organisation (NATO)- Brussels,

Belgium 26. South Asian Association for Regional Cooperation

(SAARC) – Kathmandu, Nepal 27. Association of South East Nations (ASEAN) –Jakarta,

Indonesia 28. Asia Pacific Economic Cooperation (APEC) – Singapore 29. International Cricket Council (ICC) – Dubai, UAE 30. Food & Agricultural Organisation (FAO) – Rome, Italy 31. International Court of Justice – The Hague, The

Netherland 32. International Olympic Committee – Lausanne,

Switzerland 33. The Organization for the Prohibition of Chemical Weapons

(OPCW) – The Hague, The Netherlands 34. The FédérationInternationale de Football Association

(FIFA)– Zurich, Switzerland 35. World Wide Fund for Nature (WWF) – Avenue du Mont-

Blanc, Gland, Vaud, Switzerland.

MISCELLANEOUS


Quest IBS Books

S.no Authers Books

1. Amish Tripathi

The Immortals of Meluha The Secret of Nagas The oath of Vayuputras The Scion of Iksvaku Sita: Mithila ki Yodha

2. Shashi Tharoor

Inglorious Empire The Five Dollar Smile Pax Indica An era of Darkness India: From Midnight to Millennium & Beyond

3. Ruskin Bond

The Blue Umbrella Room on the Roof A Boy from the Hills Death under the Deodars A fight of Pigeons

4. Khushwant Singh

A Train to Pakistan A women and men in my Life Indira Gandhi Returns The end of India, Truth Love & Little Malice

IMPORTANT ABBREVIATIONS AIIB Asian Infrastructure & Investment Bank

ASBA Applications Supported by Blocked Amounts

AFSPA Armed Forces Special Power Act

BCBS Basel Committee on Banking Supervision

BCSBI Banking Codes & Standard Board of India

BBPS Bharat Bills Payments System

BHIM Bharat Interface for Money

CCEA Cabinet Committee on Economic Affairs

CEPA Comprehensive Economic Partnership Agreement

CBDT Central Board of Direct Taxes

DIPAM Department of Investment & Public Asset Management


Quest IBS

Country India Formation 1 November 1956 (as Mysore

State) Capital (and largest city) Bangalore (Bengaluru) Districts 30 • Governor Vajubhai Vala

• Chief Minister Siddaramaiah (INC) • Legislature Bicameral (224 + 75 seats) • High Court Karnataka High Court

• Total Area 191,791 km2 (74,051 sq mi) • Total Population (2011) 61,130,704 • Rank 8th

• Density 320/km2 (830/sq mi)

Prior to the third century BCE, most of Karnataka formed part of the Nanda Empire before coming under the Mauryan empire of Emperor Ashoka. Four centuries of Satavahana rule followed, allowing them to control large areas of Karnataka. The decline of Satavahana power led to the rise of the earliest native kingdoms, the Kadambas and the Western Gangas, marking the region's emergence as an independent political entity. The Kadamba Dynasty, founded by Mayurasharma, had its capital at Banavasi;[12][13] the Western Ganga Dynasty was formed with Talakad as its capital. According to the 2011 census of India,[52] the total population of Karnataka was 61,095,297 of which 30,966,657 (50.7%) were male and 30,128,640 (49.3%) were

female, or 1000 males for every 973 females. This represents a 15.60% increase over the population in 2001. The population density was 319 per km2 and 38.67% of the people lived in urban areas. The literacy rate was 75.36% with 82.47% of males and 68.08% of females being literate. 84.00% of the population were Hindu, 12.92% were Muslim, 1.87% were Christian, 0.72% were Jains, 0.16% were Buddhist, 0.05% were Sikh and 0.02% were belonging to other religions and 0.27% of the population did not state their religion. Kannada is the official language of Karnataka and spoken as a native language by about 66.26% of the people as of 2001. Other linguistic minorities in the state were Urdu (10.54%), Telugu (7.03%), Tamil (3.57%), Marathi (3.6%), Tulu (3.0%), Hindi (2.56%), Konkani (1.46%), Malayalam (1.33%) and Kodava Takk (0.3%).[54] In 2007 the state had a birth rate of 2.2%, a death rate of 0.7%, an infant mortality rate of 5.5% and a maternal mortality rate of 0.2%. The total fertility rate was 2.2.

Major National Parks Wildlife Sanctuaries

Bandipur National Park Benerghatta National Park Kudermukh National Park Nagarhole National park Anshi National Park

Bhadra Sanctuary Tungbhadra Sanctuary Dandeli Sanctuary Ranganathitto Bird Sanctuary

Major facts about Karnataka 1. Karnataka is the largest producer of Coffee, Ragi and

Electronic Equipments in India . 2. Panambur Port and New Mangalore Port, the major ports of

India situated in Karnataka. 3. Tungbhadra Dam built across the river Tungbhadra in Ballari

distt of Karnataka. 4. Almatty Dam built across the river Krishna in Vijaypur Distt

of Karnataka. 5. Krishna Raja Sagara Dam built across the river Kaveri in

Mysore distt of Karnataka. 6. M. Chinnaswamy Stadium of Cricket the world’s first fully

solar energy Stadium situated in Bengaluru. 7. Kempegowda International Airport situated in Bengaluru. 8. The temple of Virupaksha situated in Hampi in Ballary distt

in Karnataka. 9. The temple of Gomateshwara Situated in Sharavanabelagola

in Hassan distt of Karnataka. 10. The capital city of Karnataka “Bengaluru” also known as The

Garden City of India, The sillicon Valley of India, The Science City of India, IT Capital of India and Space City of India.

STATE: AT A GLANCE KARNATAKA


Quest IBS

Awarded for

Outstanding contributions for humanity in chemistry, literature, peace, physics, or physiology or medicine. Often confused with Nobel Memorial Prize in Economic Sciences.

Country Sweden (all prizes except the

Peace Prize) Norway (Peace Prize only)

Presented by

Swedish Academy Nobel committee of Royal

Swedish Academy of Sciences Nobel committee of Karolinska

Institutet Norwegian Nobel Committee

Reward(s) 9 million SEK (2017)[1]

First awarded 1901; 116 years ago

Number of laureates 579 prizes to 911 laureates as of 2016

The will of the Swedish inventor Alfred Nobel established the prizes in 1895. The prizes in Chemistry, Literature, Peace, Physics and Physiology or Medicine were first awarded in 1901.[2] Medals made before 1980 were struck in 23 carat gold, and later from 18 carat green gold plated with a 24 carat gold coating. Between 1901 and 2016, the Nobel Prizes and the Nobel Memorial Prize in Economic Sciences were awarded 579 times to 911 people and organisations. With some receiving the Nobel Prize more than once, this makes a total of 23 organisations, and 881 individuals. The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics, the Nobel Prize in Chemistry, and the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel; the Nobel Assembly at Karolinska Institutet awards the Nobel Prize in Physiology or Medicine; the Swedish Academy grants the Nobel Prize in Literature; and the Nobel

Peace Prize is awarded not by a Swedish organisation but by the Norwegian Nobel Committee. The prize is not awarded posthumously; however, if a person is awarded a prize and dies before receiving it, the prize may still be presented.[6] Though the average number of laureates per prize increased substantially during the 20th century, a prize may not be shared among more than three people, although the Nobel Peace Prize can be awarded to organizations of more than three people. Except for the Peace Prize, the Nobel Prizes are presented in Stockholm, Sweden, at the annual Prize Award Ceremony on 10 December, the anniversary of Nobel's death. The recipients' lectures are normally held in the days prior to the award ceremony. The Peace Prize and its recipients' lectures are presented at the annual Prize Award Ceremony in Oslo, Norway, usually on 10 December.

Nobel Awardees in the year 2017 Physics Kip Thorne(USA) , Rainer Weiss (USA), Barry

Barish (USA) for decisive contributions to the LIGO detector and the observation of gravitational waves".

Chemistry Joachim Frank (USA) Richard Handerson (UK) Jacques Dubochet (switzerland) for the development of cryo-electron microscopy, which both simplifies and improves the imaging of biomolecules. This method has moved biochemistry into a new era.

Literature Kazuo Ishiguro ( BRITAIN ) who, in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world".

Peace International Campaign to Abolish Nuclear Weapons (ICAN ) , Estd – 2007, HQ – Geneva for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons and for its ground-breaking efforts to achieve a treaty-based prohibition of such weapons".

Medicine Michael W.Young (USA) Michael Rosbash (USA ) Jaffery C. Hall (USA) for their discoveries of molecular mechanisms controlling the circadian rhythm".

Economics Richard H. Thaler (American) “for showing how psychological and social factors affect decisions by individuals or groups in the economy and financial markets”.

THE NOBEL PRIZE


Quest IBS

1. Who was regarded by Gandhiji as his political Guru? (a) Gopal Krishna Gokhale (b) Lala Lajpat Rai (c) Bipin Chandra Pal (d) Bal Gangadhar Tilak 2. Which among the following movements was not led by

Mahatma Gandhi? (a) Civil Disobedience Movement (b) Quit India Movement (c) Swadeshi Movement (d) Non-Cooperation Movement 3. To make tools and weapons, the earliest inhabitants of India

used? (a) clay (b) wood (c) stones (d) bronze 4. Who was the founder of Arya Samaj? (a) Kabir Das (b) Shankaracharya (c) Ranade (d) Swami Dayananda Saraswati 5. The French challenge to British in India came to an end with? (a) Battle of Wandiwash (b) Battle of Srirangapatna (c) Battle of Plassey (d) Battle of Buxar 6. Which one of the following is the principal source of

information on Asoka's campaign against Kalinga? (a) Pillar Edict VII (b) Mahavamsa (c) Divyavadana (d) Rock Edict XIII 7. Who introduced the Indian University Act? (a) Lord Curzon (b) Lord Minto (c) Lord John Morley (d) Lord Ripon 8. Tulsidas wrote Ramcharitmanas during the reign of? (a) Akbar (b) Krishnadeva Raya (c) Jahangir (d) Rama Raya 9. Who was the governor-general during the Second Anglo-

Mysore War? (a) Lord Wellesley (b) Sir John Shore (c) Lord Cornwallis (d) Warren Hastings 10. Who among the following was the Prime Minister of England

when India was given independence? (a) Mountbatten (b) Churchill (c) Clement Attlee (d) Wavell 11. Who among the following presided over the fourth Buddhist

Council? (a) Ashoka (b) Ajatashatru(c) Kalashoka (d) Vasumitra 12. Din-I-llahi was founded by (a) Kabir (b) Akbar (c) Shah jahan (d) Guru Nanak Dev 13. Who chaired the Boundary Commission in 1947, to

demarcate the boundary line between India and Pakistan? (a) Krishna Menon (b) Cyril Radcliffe (c) J. Nehru (d) Henderson Brooks

14. Which of the following pairs is NOT correctly matched? (a) Ibn Battuta – Morocco (b) Afanasy Nikitin - Samarkand (c) Marco Polo - Republic of Venice (d) Alberuni - Uzbekistan 15. Which among the following inscription is known as Prayaga

Prashasti? (a) Hathigumpha Inscription (b) Aihole Inscription (c) Mehrauli Inscription (d) Allahabad Pillar 16. Who established Diwan-i-Amir Kohi? (a) Alauddin Khilji (b) Muhammad Bin Tughluq (c) Nasiruddin Shah (d) Razia 17. What was Mushrif-i-Mamalik in the era of Sultanate? (a) Soldier (b) Accountant (c) Cavalry (d) None of the above 18. Who adopted the title of Nasir Amir-ul-Momineen? (a) Jalaluddin Khilji (b) Alauddin Khilji (c) Muhammad bin Tughluq (d) None of the above 19. Who adopted the title of 'Dharma Prachar Bandhu'? (a) Samundragupta (b) Jalaluddin Khilji (c) Muhammad Tughlaq (d) Aram Shah 20. Which of the following is the most important post in the

administration of Delhi Sultanate? (a) Caliph (b) Wazir (c) Sultan (d) Commander 21. Who established the department of Diwan-i-Bandagan? (a) Mohammad Tughlaq (b) Firoz Shah Tughlaq (c) Ibrahim Lodhi (d) Khizr Khan 22. Who was the founder of Tughlaq dynasty? (a) Feroz Shah Tughlaq (b) Ghiyasuddin Tughlaq (c) Mohammad-bin-Tughlaq (d) None of these 23. Who built the fort of Tughlaqabad near Delhi? (a) Ghiyasuddin Tughlaq (b) Mohammad-bin-Tughlaq (c) Feroz Shah Tughlaq (d) None of these 24. To which dynasty was Lalitaditya Muktapida the ruler of

Kashmir Belong? (a) Lohara dynasty (b) Karkota dynasty (c) Utpala dynasty (d) None of these 25. Who was the Chola ruler to adopt the title of

‘Parakesarivarman’? (a) Vijayalaya (b) Rajendra Chola (c) Parantaka I (d) Aditya I 26. Which instrument invented by Tansen? (a) Rudra Veena (b) Miyan ki Todi (c) Darbari Kanada (d) All of the above 27. Akbar’s chief court poet was? (a) Ghazali (b) Faizi (c) Abul Fazl (d) Saiyyad Jamaluddin Faridi

SSC: HISTORY


Quest IBS 28. Which is the first building of marble built in Agra Fort? (a) Diwan-i-Am (b) Diwan-i-Khas (c) Moti mosque (d) None of these 29. In which style Buland Darwaza is built? (a) Persian (b) Constantinople (c) Gujrati (d) Samancandian 30. Which building was not built by Akbar? (a) Jodhabai Palace (b) Moti Mosque (c) Sultana Mahal (d) Panch Mahal 31. Who was the founder of The Servants of India Society? (a) G.K. Gokhale (b) M.G. Ranade (c) B.G. Tilak (d) Bipin Chandra Pal 32. Mahatma Gandhi was profoundly influenced by the writings

of? (a) Bernard Shaw (b) Karl Marx (c) Lenin (d) Leo Tolstoy 33. The monk who influenced Ashoka to embrace Buddhism

was? (a) Vishnu Gupta (b) Upa Gupta (c) Brahma Gupta (d) Brihadratha 34. The Lodi dynasty was founded by? (a) Ibrahim Lodi (b) Sikandar Lodi (c) Bahlol Lodi (d) Khizr Khan 35. Who among the following British persons admitted the

Revolt of 1857 as a national revolt? (a) Lord Dalhousie (b) Lord Canning (c) Lord Ellenborough (d) Disraeli 36. Mention the place where Buddha attained enlightenment? (a) Sarnath (b) Bodh Gaya (c) Kapilavastu (d) Rajgriha 37. The System of Dyarchy was introduced in India in? (a) 1909 (b) 1935 (c) 1919 (d) 1945 38. The Editor of 'Young India' and 'Harijan' was? (a) Nehru (b) Ambedkar (c) Mahatma Gandhi (d) Subash Chandra Bose 39. The Asokan Edicts were deciphered first by? (a) Sir John Marshall (b) Sir William Jones (c) Charles Wilkins (d) James Prinsep 40. Who was the founder of the Aligarh Movement? (a) Syed Amir Ali (b) Maulvi Chiragh Ali (c) Sir Syed Ahmad Khan (d) Abdul Halim Sharar 41. Prithvi Raj Chauhan was defeated in the Second Battle of

Tarain by?

(a) Mahmud Ghazni (b) Muhammad Ghori (c) Qutbuddin Aibak (d) Yalduz 42. Who was the Viceroy at the time of Quit India Movement? (a) Lord Irwin (b) Lord Mountbatten (c) Lord Wavell (d) Lord LinLithgow 43. What is the first sermon of Buddha called as? (a) Mahaparinivan sutta (b) Brahmajala sutta (c) Dhammachakkapabattana sutta (d) Kachchayanagotta sutta 44. Rowlatt Act 1919 was enacted during the period of? (a) Lord Chelmsford (b) Lord William (c) Lord Minto (d) Lord Bentinck 45. Which of the following tribes is associated with the “Tana

Bhagat” movement? (a) Oraon (b) Munda (c) Santhal (d) Kondadora 46. List-I (Rigvedic name) List-II (Modern name) A. Gomal 1. Gomati B. Kurmu 2. Kurram C. Suvastu 3. Swat D. Drishavati 4. Ghagghar A B C D (a) 2 4 3 1 (b) 1 2 3 4 (c) 4 3 2 1 (d) 1 4 3 2 47. Chandra Gupta Maurya was the follower of? (a) Buddhism (b) Hinduism (c) Aynika (d) Jainism 48. The Mauryan king who issued the Nagarjuni Hill Cave

Inscriptions and assumed the royal title of Devanampriya was?

(a) Ashoka (b) Dasharatha (c) Bindusara (d) Brihadratha 49. Who has the title of ‘Kaviraja’? (a) Samudra Gupta (b) ChandraGupta II (c) KumaraGupta (d) ChandraGupta I 50. Which chola ruler completed the conquest of Sri Lanka? (a) Vijayalaya I (b) Raja Raja I (c) Parantaka I (d) Rajendra I

Answer Key 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 a c c d a d a a d c d b b b d b b b a c

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 b b a b a d b a a b a d b c d b c c b c

41 42 43 44 45 46 47 48 49 50 b d c a a c d a a d


Quest IBS 1. Legislative powers of House of Lords in Britain were

curtailed by: (A) Bill of Rights of 1689 (B) Magna carta of 1215 (C) The Parliament Act of 1911 (D) None of these 2. The first Prime Minister of Britain was: (A) Baldwin (B) Chamberlain (C) Robert Walpole (D) None of these 3. The position of the king was subordinated to Parliament by: (A) The Parliament Act of 1949 (B) The Glorious Revolution of 1688 (C) The statute of West Minister (D) None of these 4. British House of Lords as Highest Court of Appeal Consists

of: (A) 26 members (B) 16 members (C) 9 members (D) None of these (Now Powers rest with SC) 5. Vice-President is the presiding Officer of upper house of

Legislature in: (A) United states of America (B) India (C) Both A & B (D) None of these 6. Filibustering is a device practiced in : (A) British Parliament (B) French Parliament (C) American Congress (D) None of these 7. Kangroo Closure is a procedure followed by the Law-

making body of: (A) Britain (B) USSR (C) America (D) None of these 8. System of “Administrative Law” is provided in the

constitution of: (A) UK (B) USA (C) France (D) None of these 9. State of France is: (A) Unitary (B) Federation (C) Confederation (D) None of these 10. Tenure of French Senate is: (A) 5 years (B) 4 years (C) 9 years (D) None of these (6 years) 11. The constitution of India was promulgated on: (A) 26th November, 1949 (B) 21st February, 1948 (C) 26th January, 1950 (D) None of these 12. Official name of China which emerged on world map on 1st

October, 1949 is: (A) Nationalist Republic of China (B) People’s Republic of China (C) Communist Republic of China

(D) None of these 13. The President of China is elected by: (A) The National Peoples Congress (B) Citizens of China (C) The state council (D) None of these 14. Majlis-e-shura in Iran consists of: (A) 270 members (B) 250 members (C) 200 members (D) None of these (290) 15. Turkey was declared Republic on: (A) 1st November, 1922 (B) 29th October, 1923 (C) 3rd March, 1924 (D) None of these 16. Upper House of Indian Parliament is commonly known as: (A) Lok sabha (B) Rajya sabha (C) Vidhan Parishad (D) None of these 17. How many Indian’s were members of Simon Commission: (A) Two (B) Four (C) Seven (D) None of these 18. Lahore resolution of 23rd March 1940 was moved by: (A) Chaudhry Rehmat Ali (B) Maulvi Fazal-ul-Haq (C) Chaudhry Khaliq-uz-zaman (D) Chaudhry Khaliq-uz-zaman 19. Stanley Wolpert is the author of: (A) Jinnah of Pakistan (B) Emergence of Pakistan (C) India Wins Freedom (D) None of these 20. Number of lists of subjects for law making in 1973

constitution is: (A) Three (B) Two (C) One (D) None of these 21. The turning point in the life of Plato came in the year 339

BC when he was of: (a) 24 years (b) 26 years (c) 28 years (d) None of these 22. " The cause of sedition is always to be found in inequality"

is said by: (a) Plato (b) Aristotle (c) Machiavelli (d) None of these 23. According to Aristotle the end of state is: (a) Logical (b) Legal (c) Ethical (d) None of these 24. Allam Iqbal characterized as "the sharp agent of devil" to a

political philosopher namely: (a) Chanki Kutalia (b) Machiavelli (c) Karl Marx (d) None of these 25. Al-Mawardi was a jurist who followed the fiqah of: (a) Imam Malik (b) Imam Shafi (c) Imam Abu Hanifa (d) None of these 26. The concept of sovereignty was introduced for the first time

into politics by:

SSC: POLITY


Quest IBS (a) Hugo Grotious (b) Jean Bodin (c) Thomas Hobbes (d) None of these 27. Khawaja Abu Ali Hasan bin Ali bin Ishaq is widely known

in the history of Islamic political thoughts: (a) Al-Farabi (b) Al-Ghazali (c) Al-Mawardi (d) None of these 28. The Fascism of Plato got birth in 4th century BC, whereas

the modern Fascism is the product of: (a) 18th Century (b) 19th Century (c) 20th Century (d) None of these 29. "Ilmul-Iqtasad" is written by: (a) Ibn-Khuldun (b) Allama Iqbal (c) Nizam-ul-Mulk Tusi (d) None of these 30 "A summary of Plato's Laws" was written by: (a) Al-Farabi (b) Al-Ghazalli (c) Al-Mawardi (d) None of these 31. The doctrine which is a curious blend of German Idealism,

English economics and French revolutionary and social thoughts is known as:

(a) Socialism (b) Communism (c) Fascism (d) None of these 32. J.S. Mill wrote a famous book "On Liberty" in the year: (a) 1759 (b) 1859 (c) 1895 (d) None of these 33. Allam Iqbal did his M.A. in Philosophy from Government

College Lahore in the year: (a) 1890 (b) 1895 (c) 1899 (d) None of these 34. "Re-construction of Religious Thought in Islam" was

written by: (a) Resenthal (b) Al-Mawardi (c) Ibn-Khaldun (d) None of these 35. Machiavelli wrote "The Discourses of the first ten books on

Titus Livius" in the year: (a) 1735 (b) 1745 (c) 1755 (d) None of these 36. Montesquieu restricts forms of Government upto: (a) 3 (b) 4 (c) 5 (d) None of these 37. Rousseau was born on 28 June 1712 at: (a) New York (b) Washington D.C. (c) Geneva (d) None of these 38 "Man when separated from Law and Justice is the worst of

all animals" is the saying of: (a) Plato (b) Aristotle

(c) Machiavelli (d) None of these 39. The great but ungrateful pupil of his master who was born in

384 BC was: (a) Plato (b) Aristotle (c) Socrates (d) None of these 40. "An essay concerning Human Understanding" was

published in 1690, is the most important work of: (a) J.S. Mill (b) Bentham (c) Thomas Hobbes (d) None of these (John Lock) 41. Referendum was conducted for approval of 1982

constitution of Turkey on: (a) 7 November 1982 (b) 17 November 1982 (c) 27 November 1981 (d) None of these 42. The 1st French Republic was proclaimed on: (a) 8 August 1788 (b) 23 June 1789 (c) 10 August 1792 (d) None of these 43. Last emperor of China ruled the country till the year: (a) 1810 (b) 1912 (c) 1942 (d) None of these 44. Upto 83% Chinese farmers came under combined

cultivation scheme in the year: (a) 1868 (b) 1946 (c) 1950 (d) None of these 45. On return from France Allama Ayatullah Khumeini was

very well received by the people of Iran on: (a) 1 January 1979 (b) 21 January 1979 (c) 31 January 1979 (d) None of these 46. Dr. Mussadiq, the then Prime Minister dethroned the Iranian

King for implementation of democracy in the year: (a) 1953 (b) 1954 (c) 1954 (d) None of these 47. Lok Sabha, the lower house of Indian parliament, consists

of: (a) 1300 members (b) 1400 members (c) 1500 members (d) None of these 48. Minimum age to become a member of Rajya Sabha in India

is: (a) 25 years (b) 30 years (c) 35 years (d) None of these 49. Quaid-e-Azam Muhammad Ali Jinnah spent last days of his

life at: (a) Ziarat (b) Quetta (c) Karachi (d) None of these 50. Objectives Resolution was made a part of preamble of

Pakistan Constitution of: (a) 1956 (b) 1962 (c) 1973 (d) None of these

Answer Key

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 c c a d c b a c a d c b a d b b d b a a

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 d b c b b b c c b a d b c d d a c b b d

41 42 43 44 45 46 47 48 49 50 a d b c a d b a c


Quest IBS

SEPTEMBER

Prime Minister of Japan Visited India Prime minister of japan Shinzo

Abe came to India on a two day visit to attend the 12th Indo-Japan annual summit meeting held at Ahmedabad.

Various agreements and MoU’s were signed that would strengthen India-japan bilateral ties.

Highlights of the visit: PM Modi has gifted a marble statuette of Mahatma

Gandhi’s “Three Wise Monkeys” to his Japanese counterpart Shinzo Abe. The monkeys are a symbol of the proverb ‘see no evil, hear no evil, speak no evil’, believed to have its origin in Japan.

PM Modi and Japanese PM Abe lay foundation stone for India’s first High Speed Rail project from Mumbai to Ahmedabad.

India signed a loan deal worth $76 million with Japan International Cooperation Agency (JICA) for a project to upgrade the environment management plan at Alang-Sosiya ship recycling yards in Gujarat.

India and Japan signed Open sky agreement that will allow their airlines to operate unlimited number of flights between the two countries without any restrictions.

Japan will extend a loan of Rs 2,239 crore to India for ‘North East Road Network Connectivity Improvement Project’ to improve the National Highway 40 (NH-40) and construct a bypass on NH-54 in the Northeast. The project is expected to contribute to the improvement of the intra-regional and international connectivity through regional economic development.

Agreements and MoU’s In the field of disaster risk reduction and disaster

prevention. Japanese language education in India as a part of skill

training. To enhance connectivity and promote developmental

projects in the North Eastern Region of India

“Cool EMS” service between the Japan Post and India Post through which fresh food can be sent from Japan to India in cool boxes to facilitate for the Japanese emigrants in India.

To identify and foster talented young scientists from both the countries to collaborate in the field of theoretical biology

To facilitate and deepen international education cooperation and exchanges between sports authorities of India and japan. This move will enhance our medal prospects in next Olympics.

To promote institutional cooperation between RIS and IDE-JETRO to strengthen the capacity of research and effectiveness of dissemination of research findings.

Penalty on Reliance Industries Ltd & BP The government has imposed a

penalty of 264 million dollar (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for not fulfilling the targeted production of natural gas from KG-D6 fields in 2015-16.

The Production Sharing Contract allows RIL and its UK partner BP PLC and Canadian partner Niko Resources to deduct all capital and operating expenses from the sale of gas before sharing profit with the government.

Madhyamik and Uchchtar Shiksha Kosh" (MUSK) The Cabinet approved creation of a single corpus fund in

which all proceeds of secondary and higher education cess will be credited and utilised for the government's schemes in education sector.

The HRD Ministry will be responsible for the administration and maintenance of the non-lapsable pool account.

DIPAM

Current Affairs Last 3 Months


Quest IBS

The Cabinet Committee on Economic Affairs, CCEA has

approved the proposal of Department of Investment and public Asset Management, DIPAM for the strategic disinvestment.

The approval will help in speedy completion of strategic disinvestment transactions.

DIPAM is the nodal agency of Union Finance Ministry mandated to advise the Union Government in the matters of financial restructuring of PSUs and also for attracting investment through capital markets. It will also deal with all matters relating to sale of Union Government’s equity in PSUs.

World Honey Bee Day To create awareness about Beekeeping and uses of its

products including Honey, Tribal Cooperative Marketing Development Federation of India Limited (TRIFED) is celebrated World Honey Bee Day (WHBD) 19th August.

The main theme of celebrating WHBD is to save Indian honey bee.

Navika Sagar Parikrama Navika Sagar Parikrama is a project wherein a team of

women officers of the Indian Navy would circumnavigate the globe on an Indian-built sail boat INSV Tarini.

This is the first ever Indian circumnavigation of the globe by an all-women crew. The project is scheduled to commence in early Sep 17.

“Sankalp Se Sidhi” program “Sankalp Se Sidhi” program is being organized across the

country to commemorate the 75th Anniversary of Quit India Movement.

‘Swasth Bachche, Swasth Bharat’ ‘Swasth Bachche, Swasth

Bharat’ Programme, an initiative of Kendriya Vidyalaya Sangathan to prepare a physical Health and Fitness Profile Card for more

than 12 lakhs of Kendriya Vidyalaya students was launched in Kochi.

Swasth Bachche, Swasth Bharat programme will provide a comprehensive and inclusive report card for children covering all age groups and children of different abilities.

Swasth Bachche, Swasth Bharat programme also intends to imbibe values of Olympics and Paralympics amongst students.

Mentor India Campaign NITI Aayog launched the

Mentor India Campaign, a strategic nation building initiative to engage leaders who can guide and mentor students at more than 900 Atal Tinkering Labs, established across the country as a part of the Atal Innovation Mission.

The idea of this campaign is to engage leaders who will nurture and guide students in the Atal Tinkering Labs.

SC Strikes Down Instant Triple Talaq The Supreme Court set aside the practice of instant divorce

through triple talaq among Muslims, terming it as unconstitutional, illegal and void.

In a 3:2 majority judgment, the apex court held that triple talaq is against the basic tenets of Quran and hence, is unacceptable.

Right to Privacy as Fundamental Right The Supreme Court declared right to privacy as a

Fundamental right under the Constitution. According to Supreme Court, right to privacy is protected

intrinsically as part of rights guaranteed under Article 21 of the Constitution.

Coast Guard Ship 'Varuna' Decommissioned Indian Coast Guard ship

'Varuna' decommissioned with full armed forces honours after an illustrious service spanning about 30 years, in a traditional military ceremony held at the naval base, Kochi.

First Videsh Bhavan


Quest IBS The Ministry of External Affairs (MEA) has decided to

integrate all its offices in Maharashtra into a single building – the "Videsh Bhavan” - for effective management of its engagement with the State Government of Maharashtra.

First National Sports Museum The Ministry of Youth Affairs and Sports is going to

establish National Sports Museum, first of its kind, at Jawaharlal Nehru Stadium, New Delhi.

This museum will showcase the India’s achievements in sports and also focus on the traditional sports within the country.

Bharat Bill Payment System The National Payments Corporation of India (NPCI) has

given a nod to Spice Digital Ltd for processing bill payments under the Bharat Bill Payment System (BBPS) as a Bharat Bill Payment Operating Unit (BBPOU).

The BBPS through its centralised bill payment system will allow the users to use a single website or outlet to pay all their monthly or repetitive bills such as mobile phone and electricity.

Gobindobhog Rice Gets Geographical Indication Status Gobindobhog rice,a speciality from Burdwan district of West

Bengal, has got the geographical indication (GI) status. The region of Burdwan (now divided into the districts of east

and west Burdwan) is known as the rice bowl of Bengal. YUVA The ‘YUVA’ initiative by

Delhi Police aims to connect with youth by upgrading their skill as per their competencies.

It will help them to get a gainful employment under Pradhan Mantri Kaushal Vikas Yojna under the Ministry of Skill Development.

'Rajaswa Gyan Sangam' Rajaswa Gyan Sangam, 2017 was held in New Delhi. The objective of the Conference is to enable a two-way

communication between the policy-makers and the senior officers in the field offices with a view to increase revenue

collection and facilitate effective implementation of law and policies in key result areas.

India’s First World Heritage City Certificate Ahmedabad in Gujarat was formally accorded the status of

India's first World Heritage City The honour makes the walled city of Ahmedabad the first

city in India, and the third in Asia, to be on the list. SAUNI Scheme President Ramnath Kovind laid foundation stone for link - 4

of Saurashtra Narmada Avataran Irrigation Scheme -SAUNI- Yojana in Rajkot district.

SAUNI project had been launched by Prime Minister Narendra Modi during his tenure as Chief Minister of Gujarat aims to fill up 115 major dams by diverting overflow of water from the Sardar Sarovar Dam on Narmada River.

BN Srikrishna Committee An expert committee has been constituted under the

Chairmanship of former apex court judge Justice BN Srikrishna to identify key data protection issues in India and recommend methods to address them.

The committee will study various issues and make specific suggestions for consideration of the government on the principles to be considered for data protection.

Indian PM Visited Myanmar Prime Minister Narendra Modi

visited Myanmar's capital Naypyidaw on September 6-7 and met Myanmar President Htin Kyaw.

It was PM Modi's first bilateral visit to Myanmar. PM Modi met Myanmar leader Aung San Suu Kyi and

visited the heritage city of Bagan and a Hindu temple. ‘Dairy Processing & Infrastructure Development Fund’ The Cabinet Committee on Economic Affairs has approved a

Dairy Processing & Infrastructure Development Fund” (DIDF) with an outlay of Rs 10,881 crore during the period from 2017-18.


Quest IBS AUGUST

IRC meet 212th meeting of Indian Road Congress (IRC) was held in

Udaipur. IRC is the apex body of highway engineers in the country. The origin of the IRC can be traced back to the Indian Road

Development committee (the Jayakar Committee) appointed by the Government of India in November, 1927.

National Green Tribunal The National Green Tribunal has

declared an area of 100 metres from the edge of the Ganga between Haridwar and Unnao as a “No Development Zone”.

An environment compensation of 50,000 will be imposed on anyone dumping waste in the river

'SAARTHI' App A new integrated mobile app "SAARTHI - c" has been

launched by Railway Minister Suresh Prabhu for passengers. It will allow passengers to book tickets, enquiry, on-board

cleaning and ordering meal on a single platform and also includes features such as safety for women, complaint facility and suggestion for improvement.

Matunga railway station Matunga station becomes country’s first women special

station. The station will be run by over 30 women, including 11

booking clerks, 5 RPF personnel, 7 ticket checkers and a manager.

Matunga is a railway station on the Central line of the Mumbai Suburban Railway network. It comes under Central Railway Zone.

Muskan Operation Muskan, a month-long drive to rescue Odisha’s

missing children, was launched by the State police. This is the third edition launched by the Crime Branch in

association with the Women and Child Development Department.

First biomethane bus Tata Motors has developed country’s first Bio-CNG (bio-

methane) bus which was unveiled at a bio-energy program, ‘Urja Utsav’.

This programme was organized by the Ministry of Petroleum & Natural Gas.

Pradhan Mantri Vaya Vandana Yojana The Union Minister for Finance,

Defense and Corporate Affairs has launched the Pradhan Mantri Vaya Vandana Yojana (PMVVY).

PMVVY is a Pension Scheme announced by the Government of India for the senior citizens aged 60 years and above which is available from 4th May, 2017 to 3rd May, 2018.

The Scheme can be purchased offline as well as online through Life Insurance Corporation (LIC) of India.

Scheme provides an assured return of 8% p.a. payable monthly (equivalent to 8.30% p.a. effective) for 10 years.

Global Conference on Cyber Space 2017 India will be hosting the 5th

Global Conference on Cyber Space (GCCS) in 2017 at New Delhi.

Theme-‘Cyber 4 All: An Inclusive, Sustainable, Developmental, Safe and Secure.

Aajeevika Grameen Express Yojana The Ministry of Rural Development will launch a new sub-

scheme under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) which will be named as “Aajeevika Grameen Express Yojana (AGEY)”

This will provide safe, affordable and community monitored rural transport services like e-rickshaws, 3 and 4 wheeler motorized transport vehicles to connect remote villages with key services and amenities including access to markets, education and health for the overall economic development of the area.

Literary festival Kerala has hosted the fifth edition of South India Writers

Ensemble (SIWE) at Chengannur, Kerala. Theme-‘tolerance’.


Quest IBS

RIWATCH Museum Research Institution of World Ancient, Traditional, Culture &

Heritage (RIWATCH) Museum was opened at Roing, Arunachal Pradesh.

5th North East Connectivity Summit 5th North East Connectivity Summit 2018 will be held in

Arunachal Pradesh. The summit organized by FICCI(Federation of Indian

Chambers of Commerce and Industry) is one of the most important forums for action oriented deliberations on sub regional economic integration and connectivity between North East India and South East Asia.

4th North East Connectivity Summit 2017 will be held in Nagaland.

International meet on social justice Babasaheb B.R. Ambedkar international conference on social

justice was held in Bengaluru. This was organized by the Karnataka government and

congress party. Lucknow Metro The Lucknow Metro will become India's first to have its own

FM radio station, which will provide entertainment and information on metro safety.

Kargil Vijay Diwas 18th Anniversary of ‘Kargil Vijay

Diwas’ is observed on 26th of July, 2017.

On this day India has launched ‘Operation Vijay’ to clear the Kargil sector of infiltration by the Pakistani soldiers and Kashmiri militants on the Indian side of the Line of Control.

‘India Quake’ Union Minister of Earth Sciences and Environment has

launched an app “India Quake” on the occasion of Foundation Day of Ministry of Earth Sciences in New Delhi.

Mobile App has been developed by the National Centre for Seismology (NCS) for automatic dissemination of earthquake parameter (location, time and magnitude) after the occurrence of earthquakes.

First Metro to become 100% green Delhi Metro has become the only completely 'green' Metro

system in the world for adhering to green building norms for its residential colonies

The Delhi Metro Rail Corporation (DMRC) had earlier received the green certificates for its Phase-3 stations, depots, and sub-stations.

Sanitation survey 2017 1st rank : Kerala 2nd rank: Haryana Last rank: Bihar ETF-Bharat-22 Finance Minister has launched a new ETF under the name

Bharat 22, which will comprise shares of 22 companies. Bharat-22 ETF will comprise of the government's holding in

SUUTI, CPSE ETF and PSU banks. ETFs combine the range of a diversified portfolio with the

simplicity of trading a single stock. Investors can purchase ETF shares on margin, short sell shares, or hold for the long term.

India ratifies 2nd commitment period of Kyoto Protocol India has ratified the second commitment period of the

Kyoto Protocol that commits countries to contain the emission of greenhouse gases, reaffirming its stand on climate action.

India became the 80th country to accept the amendment relating to the second commitment period of the Kyoto Protocol, the international emissions reduction treaty.

The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change (UNFCCC), which commits its Parties by setting internationally binding emission reduction targets.

The Kyoto Protocol was adopted in Kyoto, Japan, in December 1997 and entered into force in February 2005.

New President of Kenya Uhuru Kenyatta has been re-

elected as President of Kenya. He has defeated his rival Raila

Odinga.


Quest IBS India’s First Tri Service Exercise INDRA INDRA will be the first of its kind exercise between India

and Russia involving their armies, navies and the air forces. This will primarily focus on achieving coordination between

forces of the two countries in a tri- services integrated theatre command scenario.

Till now INDRA was a naval exercise between India and Russia.

India-ASEAN Youth Summit Indo – ASEAN youth summit will be held in Bhopal. The exercise will mark the 25th anniversary of the ASEAN-

India dialogue partnership in the ongoing year and also the commemorative year’s theme of “Shared Values, Common Destiny”.

World Health Organization declares Somalia free of polio The UN World Health

Organization (WHO) has declared Somalia as Polio free.

The WHO said the country recorded the last case of polio in 2014 in the central part of the country but has since then remained free of the paralyzing disease.

Typhoon Haitang Typhoon Haitang struck China's eastern Fujian Province with

incessant rain battering different parts of the region. Typhoon Haitang, the 10th typhoon this year, made landfall

at 4.40 pm in Pingtung on the island of Taiwan World breastfeeding week World breastfeeding week 2017 is being celebrated from 1st

to 7th August 2017 with the theme “Sustaining Breastfeeding Together”.

It was first celebrated in 1992 by World Alliance for Breastfeeding World Breastfeeding Week Action (WABA) and is now observed in over 120 countries by United Nations Children’s Fund (UNICEF), World Health Organization (WHO) and their partners including individuals, organizations, and governments.

China’s first overseas Military base China has opened its first overseas military base in Djibouti

Djibouti's position on the northwestern edge of the Indian Ocean.

Djibouti is a tiny barren nation sandwiched between Ethiopia, Eritrea and Somalia. It is at the southern entrance to the Red Sea on the route to the Suez Canal.

Hiroshima Day: August 6th August 6th marks the 71st anniversary of the bombing of

Hiroshima and Nagasaki—an event which is commemorated in the U.S. as “Hiroshima Day.”

On August 6, 1945, during WWII, an American B-29 bomber piloted by Colonel Paul Tibbets deployed the world’s first atomic bomb over the Japanese city of Hiroshima.

Three days later, on August 9, 1945, a second atomic bomb was dropped over Nagasaki, killing some 40,000 more civilians.

Bolvia declared its independence from IMF and World Bank Bolivia has declared total independence from World Bank &

IMF Bolivia’s President Evo Morales has declared his

government’s independence from World Bank and IMF. 2017 BRICS Youth Forum The 2017 BRICS Youth

Forum opened in Bejing to discuss youth development in the BRICS member-nations.

The theme of this forum is "Enhance BRICS Partnership, Promote Youth Development.

BRICS Labour & Employment Ministers Meet BRICS Labour & Employment Ministers’ meet was held in

Chonqging, China. Indian delegation led by Shri Bandaru Dattatreya, the

Minister of State (Independent Charge) for Labour & Employment.

BRICS National Security Advisors meeting 2017 2017 BRICS National Security Advisors (NSAs) meeting

was held in Beijing, China. National Security Advisor (NSA) Ajit Doval represented

India at this meeting.


Quest IBS Countries facing terror attacks in 2016 India has displaced Pakistan on a list of countries facing

terror attacks in 2016, with higher fatalities and injuries than its restive neighbour, according to data compiled by the US state department.

Out of 11,072 terror attacks in 2016 worldwide, India bore the brunt of 927, 16% more than 2015 (798).

More than half of the terror attacks in India in 2016 took place in four states – J&K, Chhattisgarh, Manipur and Jharkhand.

Iraq is on the top of the list.

IDFC Bank partners with Zeta for e-payments solution For promoting an e – payments

solution, private lender IDFC Bank has partnered with digital payments brand Zeta.

The digital solution comprises an IDFC Bank Benefits Card and Zeta app which puts together allowances and reimbursements ensured by an employer into one preloaded card.

SBI merger bill The Lok Sabha passed the bill to repeal the SBI (Subsidiary

Banks) Act 1959, State Bank of Hyderabad Act 1956 and to further amend the State Bank of India Act, 1955, following the merger of five associates with the parent SBI.

Five associates and the Bharatiya Mahila Bank became part of State Bank of India (SBI) beginning April 1, catapulting the countrys largest lender to among the top 50 banks in the world.

The five associates that were merged are State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT).

Banking Amendment Bill Parliament has passed the Banking Regulation (Amendment)

Bill, 2017. This bill will enable the Central government to authorize the

Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets by initiating insolvency resolution process.

E-Shakti initiative E - Shakti is a pilot project of National

Bank for Agriculture and Rural Development (NABARD).

The objective of this project is digitization of Self Help Groups (SHGs).

Rs.3 cr penalty on Union Bank The Reserve Bank of India has imposed a monetary penalty

aggregating Rs. 3 crore on Union Bank of India for non-compliance with the regulatory direction on ‘know-your-customer’ (KYC) norms.

KYC is a process by which banks obtain information about the identity and address of customers.

Third Bi-Monthly Monetary Policy Reserve Bank of India (RBI)

announced Third Bi-Monthly Monetary Policy Statement for current fiscal 2017-18. Monetary policy rates: 1. Repo Rate - 6.00% (Earlier it was 6.25%) 2. Reverse Repo Rate - 5.75% (Earlier it was 6.00%) 3. Marginal Standing Facility Rate- 6.25% (Earlier it was

6.50%) 4. Bank Rate - 6.25% (Earlier it was 6.50%) 5. Cash Reserve Ratio (CRR) - 4.00% (Unchanged) 6. Statutory Liquidity Ratio (SLR) - 20.00% (Unchanged)

L&T bags Rs. 3,375-crore Mauritius metro project Engineering conglomerate Larsen & Toubro announced a Rs

3,375 crore-worth metro order from the Mauritius government.

L&T has won the order from Metro Express Limited which is owned by the Government of Mauritius to design and build an Integrated Rail-based Urban Transit System in the African island nation.

The projects will be fully funded through a grant by Government of India and line of credit. 45.

MS paint is no longer available Microsoft has announced that 'MS Paint' will no longer be

available with the next Windows 10 update. The program was first released with the very first version of

Windows 1.0 in 1985.


Quest IBS Growth forecast by IMF The Indian economy is forecast to grow at 7.2% in 2017-18

and 7.7% in 2018-19, the International Monetary Fund (IMF) said in its latest forecast.

This would keep India as the fastest growing major economy in the world and in Asia.

Growth for China was revised to 6.7% in 2017 and 6.4% in 2018.

Kaizala app Microsoft launched its first "Made

for India" chat messaging application called Kaizala.

Kaizala is a made for India product for the mobile first world . The application is designed for large group communication and can enable messages to be sent to millions of people on a group simultaneously.

NPCI gets final nod from RBI to function as BBPC Unit National Payments Corporation of India (NPCI), the

umbrella organisation for all retail payment systems, has received a final nod from the Reserve Bank of India to function as the Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment System (BBPS).

There is a specific direction from RBI to operate the Central Unit as a Strategic Business Unit of NPCI. Nearly 45 crore bills comprising electricity, telecom, DTH, water and gas are permitted under BBPS.

The total number of Bharat Bill Payment Operating Units (BBPOU) certified by NPCI now stands at 24. The certified units include three public sector banks (Bank of Baroda, Union Bank of India and Indian Overseas Bank), 10 private banks, five cooperative banks and six non-bank biller aggregators.

Supervisory Colleges for six Scheduled Commercial Banks Reserve Bank of India (RBI) has informed that Supervisory

Colleges have been setup for the following six Scheduled Commercial Banks which have sizeable international presence:-

State Bank of India, ICICI Bank Ltd., Bank of India, Bank of Baroda, Axis Bank Ltd. and Punjab National Bank.

The objectives of the colleges are to enhance information exchange and cooperation among supervisors, to improve understanding of the risk profile of the banking group and thereby facilitate more effective supervision of internationally active banks.

'Met Loan & Life Suraksha' Karnataka Bank, one of the leading private sector lender, has

announced the launch of Met Loan & Life Suraksha” (MLLS) for its customers.

It is a single premium plan covering the loan liability of a customer.

The bank also introduced ‘KBL MLLS’ app, which marks the celebration of 15 years of partnership with M/s PNB MetLife.

Fortune Global 500 list 1st rank: Walmart (United States) 2nd rank : State Grid(China) 3rd rank: Sinopec Group(China) 168th rank: Indian Oil 203rd rank: Reliance Industries

ISRO to develop full-fledged Earth observation satellite Hyperspectral Imaging Satellite (HySIS) is a full-fledged

earth observation satellite, to be developed by ISRO. It will enable distinct identification of objects on earth by

reading the spectrum for each pixel of a scene from a space. It can be used for a range of activities including monitoring

of environment finding oil and minerals apart from military surveillance.

The satellite has the Hyperspectral imager which can identify 55 spectral or colour bands from 630 km above ground.

Space Station to get 1st supercomputer The International Space Station is expected to get its first

supercomputer next week. Hewlett Packard Enterprise (HPE) will launch a supercomputer into space on the SpaceX Dragon spacecraft, as part of a joint experiment with the US space agency NASA,

The system, called the Space borne Computer, is designed to last for a year, which the company said is roughly the amount of time it will take to travel to Mars.


Quest IBS First plant-based vaccine against Zika virus Scientists have developed the world’s first plant-based Zika

vaccine that may be more effective, safer and cheaper than other vaccines against the mosquito-borne virus.

The vaccine developed by researchers from Arizona State University (ASU) in the U.S. works against a part of a Zika viral protein, called DIII, that plays a key role for the virus to infect people.

The worldwide Zika threat first emerged in 2015, infecting millions as it swept across the Americas. It struck great fear in pregnant women, as babies born with severe brain birth defects.

Indian Coast Guard ship ‘Shaurya’ Indian Coast Guard ship “Shaurya”, the fifth in the series of

six 105-metre offshore patrol vessels (OPVs) commissioned in Goa by Union Minister for Petroleum and Natural Gas Dharmendra Pradhan.

This has been designed and built indigenously by Goa Shipyard Ltd.

e-RaKAM portal The government launched a

portal, e-Rashtriya Kisan Agri Mandi(e-RaKAM), to provide a platform to sell agricultural produce.

The portal is a joint initiative by state-run-auctioneer MSTC and Central Warehousing Corporation arm CRWC.

'Humraaz' app The Indian Army has developed a mobile application

'Humraaz' through which serving soldiers can track details like postings and promotions.

Through the 'Humraaz' app, soldiers can also view their monthly salary slips and the Form 16 and also download them.

Country's first unmanned tank Defence Research and Development

Organisation (DRDO) has developed an unmanned, remotely operated tank named as Muntra.

This has three variants - surveillance,

mine detection and reconnaissance in areas with nuclear and bio threats.

Muntra-S is the country's first tracked unmanned ground vehicle developed for unmanned surveillance missions while Muntra-M is for detecting mines and Muntra-N is for operation in areas where there is a nuclear radiation or bio weapon risk.

7th Asian Shotgun Championship Indian shooter Kynan Chenai

has won a bronze in men's trap event.

Kynan Chenai and Shreyasi Singh of India have won bronze in mixed team trap event.

Shooter Maheshwari Chauhan bagged a bronze medal in this championship.

Mairaj Ahmad Khan and Rashmmi Rathore has won gold medal in mixed team event.

Indian shooter Ankur Mittal clinched the individual as well as the team gold medal in men's double trap.

Venue: Astana, Kazakhstan. 2017 World Championships in Athletics Venue: London. 100m Men Gold medal: Justin Gatlin 100m Men Silver Medal: Christian Coleman 100m Men Bronze medal: Usain Bolt 100 meter Men women gold: Tori Bowie. Highest medal: United States(30 medals) FIFA rankings 1st rank: Brazil 2nd rank: Germany 97th rank: India India dropped a place in the

latest FIFA rankings released to stand at number 97. Under-19 cricket Asia Cup The Under-19 cricket Asia Cup, scheduled to be held in

Bengaluru, has been moved to Malaysia following the Pakistan Cricket Board (PCB)’s objection to the tournament being held in India.

The tournament will now be held in November in Malaysia.


Quest IBS Hungarian Grand Prix Sebastian Vettel won Hungarian Grand Prix and his team

mate Kimi Raikkonen came second while Mercedes' Lewis Hamilton came third.

This is his fourth win of the season and 46th of his Formula One career.

ICC Test Rankings According to the latest ICC Test Rankings Ravindra Jadeja

maintained his top position in the bowlers’ list while Indian skipper Virat Kohli remained stayed at fifth place in the batting charts.

The batting list is being topped by Australia captain Steve Smith followed by England’s Joe Root and New Zealand’s Kane Williamson.

In the bowlers’ chart, Ravichandran Ashwin replaced Sri Lanka captain Rangana Herath to claim the second spot back. Herath is third in the rankings.

In the all-rounders’ list Bangladesh’s Shakib Al Hasan is still maintained at the top, Jadeja and Ashwin also maintained second and third ranks respectively.

2024 Summer Olympic Games Paris will host the 2024 Summer

Olympic Games. Los Angeles will host the 2028

Summer Olympics after reaching a deal with Olympic organisers.

World Doubles Squash Championship Indian doubles pair of Joshna Chinappa and Dipika Pallikal

Karthik has won Bronze medal in world doubles squash championship.

Venue: England WBO Asia Pacific Super Middleweight title Vijender Singh has defeated his Chinese opponent Zulpikar

Maimaitiali in a close bout to retain the WBO Asia Pacific Super Middleweight title in Mumbai.

It was the ninth successive win in his professional career.

. Murugappa Gold Cup Winner: Oil and Natural Gas Corporation

(ONGC) Runner up: Bengaluru Hockey Association (BHA) Venue: Mayor Radhakrishnan stadium, Egmore Chennai. The ONGC team received Rs 5, 00,000 prize money while

BHA got Rs 2.5 lakh. Women World Cup 2017 Winner: England Runner up: India This is the fourth World Cup title for England Women. Player of the Tournament: Tammy Beaumont. Player of the Match: Anya Shrubsole. World Para Athletics Championship Venue: London India has won five medal in this championship Sundar Singh Gurjar won the gold medal in the men's javelin

throw Amit Kumar Saroha has won silver medal in the men's club

throw Karamjyoti Dalal has won bronze medal in the women's

discus throw Sharad Kumar and Varun Singh Bhati has won silver and

bronze medal respectively in high jump US Open Grand Prix badminton title Winner: HS Prannoy Runner up: Parupalli Kashyap. Men's World Boxing Championship 2021 The International Boxing Association (AIBA) has announced

that India will host their first Men’s World Championship in 2021.

The announcement was made after a two-day executive committee meeting that was held in Moscow.

The AIBA Men’s World Championships 2019 will be held in Russia city of Sochi. The 2018 Women’s World Championships will also be held in New Delhi. The 2019 Women’s World Championships will be held in Trabzon, Turkey.

Victorian Open squash title India's Harinder Pal Sandhu has

defeated Rex Hedrick of Australia to win Victorian Open squash, a PSA Tour event, in Melbourne.


Quest IBS The 28-year-old Indian carried the momentum into the fourth

game and stayed ahead to win it 11-7. It was his fourth title of the year.

Ramon Magsaysay award The six winners of this year’s Ramon

Magsaysay Awards, regarded as Asia’s version of the Nobel Prize

Yoshiaki Ishizawa (Japan):- Efforts to restore Cambodia’s cultural monuments such as Angkor Wat

Gethsie Shanmugam (Sri Lanka):- worked on rebuilding war-scarred lives, especially women and children

Abdon Nababan (Indonesia):- Advocacy on behalf of the Adapt or indigenous communities of his country;

Tony Tay (Singapore):- A volunteer movement he founded to address hidden hunger.

Ms. Lilia de Lima (Philippines):- Decades-long work with the Philippine Economic Zone Authority.

Philippine Educational Theatre Association (Philippines):- “Its bold, collective contributions in shaping the theater arts as a force for social change, its impassioned, unwavering work in empowering communities in the Philippines,18th IIFFA Awards 2017

Asia Society Game Changers Award Dev Patel will be felicitated with the Asia Society 2017 Asia

Game Changers Award at a ceremony to be held at the United Nations, New York.

The Asia Game Changer lifetime achievement award will be given to Aga Khan, Founder of the Aga Khan Development Network for using philanthropy to lift millions of Asia’s most vulnerable.

Awards on 71st Independence Day On the eve of 71st Independence Day, President Ram Nath

Kovind honoured the bravehearts of India. Kovind, who is also a Supreme Commander of the Armed

Forces, had approved 112 gallantry awards to Armed Forces Personnel and members of Paramilitary Forces which includes five Kirti Chakras, 17 Shaurya Chakras, 85 Sena Medals, three Nao Sena Medals (Gallantry) and two Vayu Sena Medals (Gallantry).

Five bravehearts who have awarded Kirti Chakra include Major Preetam Singh Kunwar of the Garhwal Rifles; Havildar Giris Gurung (Posthumous) from the First Gorkha

Rifles; Major David Manlun (Posthumous), of the Naga Regiment; Pramod Kumar (Posthumous), Commandant, 49 Batallion, Central Reserve Police Force and Chetan Kumar Cheeta, Commandant, CRPF.

Kirti Chakra is the second highest gallantry award given to armed forces officials in peace time.

‘Mahanayak Samman 2017’ Winner: Veteran actress Shakuntala Barua for her

contribution to the world of cinema. Prosenjit Chatterjee and Nusrat Jahan took home the Best

Actor and Best Actress awards Mahanayak Samman is bestowed upon the best talents of the

Bengal’s film industry by the West Bengal State Government.

The awards were instituted in memory of Uttam Kumar, who is widely regarded as the greatest actor of Bengali cinema, and also among the greatest actor sever in India.

New chairman of BSE BSE Ltd announced that market

regulator Securities and Exchange Board of India (SEBI) has approved the appointment of Dhirendra Swarup as the chairman of the board of directors of the company.

Swarup was public interest director of BSE, was also chairman of the Cash and Debt Management Committee of the Reserve Bank of India (RBI) from 2000 to 2003.

New secretary general of FICCI Sanjaya Baru has been named new secretary general of the

Federation of Indian Chambers of Commerce and Industry (FICCI).

He will replace A. Didar Singh. New President of Iran Iran's President Hassan Rouhani was

officially sworn in for a second term. Rouhani won the re-election in May

2017, after securing 57% of the votes. He defeated his main contender Ebrahim Raeisi.


Quest IBS New CMD of SIDBI Mohammad Mustafa appointed as Chairman and Managing

Director in Small Industries Development Bank of India (SIDBI).

Mustafa, a 1995 batch IAS officer of Uttar Pradesh cadre, is at present Joint Secretary in Department of Financial Services.

New CEO of Payback Payback India has appointed Gautam Kaushik as the new

Chief Executive Officer. Gautam Kaushik will spearhead the India operations and lead

all the critical business areas including Strategic Business Planning and Development, Partner Management & Acquisitions and Customer Engagement.

New brand ambassador for Swachh Bharat Mission in UP Uttar Pradesh Chief Minister Yogi Adityanath has announced

the appointment of Bollywood actor Akshay Kumar as the brand ambassador of the Swachh Bharat Mission in the state.

New Vice Chairman of NITI Aayog Economist Dr. Rajiv Kumar has been

appointed as the new vice-chairman of the government think tank NITI Aayog.

He has replaced Arvind Panagariya New Executive Director of World Bank S. Aparna, an IAS officer from Gujarat cadre has been

appointed as Executive Director, World Bank to represent the constituency of India, Bangladesh, Bhutan and Sri Lanka for three years.

New MD and CEO of Axis Bank The board of directors of Axis Bank approved the re-

appointment of Shikha Sharma as Managing Director and CEO of the bank, for a period of three years with effect from June 1, 2018 to June 2021.

New MD & CEO of Oriental Bank of commerce Mukesh Kumar Jain was appointed as the managing director

and chief executive officer of Oriental Bank of Commerce. He is at present the executive director in Punjab and Sind

Bank.

New UNICEF’s Global Goodwill Ambassador UNICEF has appointed Indian-origin Canadian YouTube star

Lilly Singh as its newest Global Goodwill Ambassador at a special event.

New Chief Justice of Nepal Supreme Court The name of acting Chief Justice

Gopal Prasad Parajuli was unanimously endorsed by the Parliamentary Hearing Special Committee (PHSC) for the post of Nepal's Supreme Court Chief Justice.

New CM of Nagaland by Governor TR Zeliang has been appointed new Chief Minister of

Nagaland by Governor PB Acharya. New Joint Secretary in PMO Senior diplomat Gopal Baglay was appointed as joint

secretary in the Prime Minister's Office. He was appointed in place of Vinay Mohan Kwatra. New secretary to President The Appointments Committee of the Cabinet has appointed

1978-batch IAS officer of Haryana cadre, Sanjay Kothari, as the secretary to President-elect Ram Nath Kovind.

Senior journalist Ashok Malik has been named as press secretary to President.

New Chief Operating Officer The Board of Control for Cricket in India (BCCI) has

appointed Hemang Amin as the Chief Operating Officer (COO) of the Indian Premier League (IPL).

Earlier Amin was the general manager -- finance, commercial and events at BCCI.

He has worked at BCCI for the last seven years, according to a BCCI release.

JULY

New President of India National Democratic

Allaince's (NDA) presidential candidate Ram Nath Kovind, after defeating Opposition candidate Meira Kumar with an overwhelming majority,


Quest IBS was elected to be the 14th President of India.

Kovind is the only second Dalit to hold the top constitutional position.

‘Madadgaar’ The Central Reserve Police Force (CRPF) launched a toll-

free helpline called 'Madadgaar' to help Kashmiri people in distress in a bid to regain the lost trust of people in the security forces.

Besides providing assistance in distress, the helpline would also aid career counselling for those interested in joining the paramilitary forces and sports activities of the CRPF.

'Operation Swarn’ The Railway Ministry is set to

launch "Operation Swarn" to improve services in Rajdhani and Shatabdi Express trains.

In the first phase, the Mumbai-Delhi Rajdhani Express and Mumbai-Ahmedabad Shatabdi Express have been selected for upgradation.

VAJRA In a bid to bring together the Indian scientists abroad and

India-based researchers for conducting joint researches in India, the Department of Science and Technology (DST) launched a scheme named 'Visiting Advanced Joint Research Faculty' (VAJRA).

Under this scheme, scientists or senior researchers abroad - of Indian origin or otherwise - can collaborate with faculties here.

IPISH Prime Minister Modi and Portuguese Prime Minister Costa

launched a unique startup Portal - the India-Portugal International StartUp Hub (IPISH) - in Lisbon.

This is a platform initiated by Startup India and supported by Commerce & Industry Ministry and Startup Portugal to create a mutually supportive entrepreneurial partnership.

Digital MSME Scheme Union Minister for MSME (Ministry of Micro, Small and

Medium Enterprises) has launched ‘Digital MSME Scheme’ and handed over three Memorandums of Understandings to SAP India, Intel and HMT respectively.

The Digital MSME Scheme is revolving around Cloud Computing which is emerging as a cost effective and viable alternative in comparison to in-house IT infrastructure installed by MSMEs.

The United Nations has declared 27th June as the UN Day for MSMEs.

Blood bank for cattle Odisha is all set to become the first state in the country to

have a blood bank for the cattle. National Statistics Day In recognition of the notable contributions made by Late

Professor Prasanta Chandra Mahalanobis in the fields of statistics, statistical system and economic planning, Government of India in 2007, designated 29th June the birth anniversary of Prof. Mahalanobis as the “Statistics Day”.

Theme -‘Administrative Statistics’. UN Tax Fund India has contributed $100,000 to a UN fund to help

developing countries actively participate in the discussion of tax issues, becoming the first country to make the contribution.

The UN Tax Trust Fund aims to support the work of the Committee of Experts on International Cooperation in Tax Matters (the UN Tax Committee).

Petya ransomware Jawahar Lal Nehru Port has been

impacted by the latest malware attack.

Name of this new ransomware virus is Petya.

Textiles India 2017 The Prime Minister, Shri Narendra Modi inaugurated

Textiles India 2017, India’s first ever mega textiles trade fair, being held at Gandhinagar, Gujarat.

India’s largest fresh water aquarium India’s largest fresh water aquarium Ranchi aquarium was

unveiled at the Birsa Munda Zoological Park. As many as 58 technically planned tanks have been installed

at the aquarium so as to provide an ambient environment to 120 species of fishes.

State to have Separate Agriculture Budget from Next Year Chief Minister K Chandrasekhar Rao decided to substantially

enhance funds for the agriculture sector and present a separate agriculture budget.


Quest IBS PM adopts wrestlers’ Village Kakrahia Prime Minister Narendra Modi will

adopt Kakrahia, a village known for its wrestlers and wrestling arenas, under the Sansad Adarsh Gram Yojana.

This will be the third village to be adopted by the Prime Minister in his Lok Sabha constituency of Varanasi.

In the previous two years, Modi adopted Jayapur and Nagepur, as his first and second villages.

Maitree 2017 It is a 14-day joint military training exercise between India

and Thailand held in Chamba district of Himachal Pradesh. AIIB approves loan to build roads in Gujarat China-led Asian Infrastructure Investment Bank (AIIB) has

approved USD 329 million loans to build access roads to 4,000 villages in Gujarat.

‘Elevate 100’ scheme The Karnataka government has launched the ‘Elevate 100’

scheme to identify and nurture innovative start-ups. The Elevate scheme is the brainchild of the start-up cell,

Karnataka Biotechnology and Information Technology Services (KBITS).

“JIGYASA” Jigyasa, a student- scientist connect program launched in the

national capital. Council of Scientific and Industrial Research (CSIR), has

joined hands with Kendriya Vidyalaya Sangathan (KVS) to implement this program.

The focus is on connecting school students and scientists so as to extend student’s classroom learning with that of a very well planned research laboratory based learning.

India, Bangladesh to construct bridge along Mizoram border India and Bangladesh have decided to construct a bridge over

Mizoram’s Khawthlangtuipui river (also known as Karnaphuli river) to facilitate trade and improve communication between the two neighbors.

India’s first university for Dalit students First university for Dalits in India will be opened in

Hyderabad.

This university will be a part of government’s policy of providing education free of cost to students from weaker sections from kindergarten to post-graduation (KG to PG) level.

India’s first World Heritage City The Walled City of Ahmedabad has been declared India’s

first World Heritage City. It has now joined the privileged club of heritage cities like

Paris, Cairo, Edinburg and two cities in the subcontinent, Bhaktpur in Nepal and Galle in Sri Lanka.

Republic Day celebrations India will invite the heads of state or government of all 10

ASEAN nations for the Republic Day parade and celebrations next year.

ASEAN is the Association of Southeast Asian Nations, and has as members Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

Swayam, Swayam Prabha and National Academic Depository Under Swayam, courses would be offered through digital

classrooms with online study material available free of cost in videos.

Swayam Prabha would tap into the potential of Direct to Home Service wherein a person can install a dish antenna for about Rs 1,500 and have access to 32 digital educational channels run by the HRD Ministry.

'National Academic Depository' verified educational records would be digitally stored by universities or a board to counter forgery.

RailCloud The Indian Railways has launched

RailCloud, a virtual server with an inbuilt security system that will enable faster connectivity at a reduced cost.

Developed by rail PSU RailTel at an estimated cost of about Rs 53 crore, RailCloud is aimed at optimizing server resources and its management.

SASEC Road Connectivity Investment Program The Cabinet Committee on Economic Affairs chaired by the

Prime Minister has given its approval for upgradation and widening of 65 kms of Imphal-Moreh Section of NH-39 in Manipur.


Quest IBS The project is being developed with ADB's loan assistance

under the South Asian Sub-Regional Economic Cooperation (SASEC) Road Connectivity Investment Program which aims at upgradation of road infrastructure in Bangladesh, Bhutan, Nepal and India (BBIN) in order to improve the regional connectivity among BBIN nations.

8th international Theatre Olympics 8th edition of the greatest carnival of Theatre in the World

will take place in India for the first time ever from February 17 – April 08, 2018 simultaneously in various cities across the country.

The Theatre Olympics, being held in India for the first time, is being organized by National School of Drama, under the aegis of Ministry of Culture.

Malaria Elimination in India (2017-22) Shri J P Nadda, Union Minister of Health and Family

Welfare launched the National Strategic Plan for Malaria Elimination (2017-22).

The Strategic Plan gives year wise elimination targets in various parts of the country depending upon the endemicity of malaria in the next 5 years.

The target set by this plan to completely eliminate Malaria by 2027.

India’s first TISC The Department of Industrial Policy and Promotion (DIPP)

signed an Institutional agreement with the Punjab State Council of Science and Technology in New Delhi to establish India’s first Technology and Innovation Support Center (TISC) at Patent Information Centre, Punjab, under the World Intellectual Property Organization’s (WIPO) TISC program.

The Cell for IPR Promotion and Management (CIPAM) is designated as the National Focal Point for the TISC national network.

AUSINDEX 17’ It is a joint naval exercise between navies of India and

Australia with an aim to enhancing interoperability and cooperation between the two forces.

Indian naval ships Jyoti, Shivalik and Kamorta participated in this exercise.

Global Innovation Index 2017 1st rank: Switzerland 2nd rank: Sweden 60th rank : India

Top Remittance-Receiving Country in 2016 1st rank: India 2nd rank: China 3rd rank: Philippines 4th rank: Pakistan This study is released by UN International Fund for

Agricultural Development (IFAD). First Person to Reach 100 Million Twitter Followers Katy Perry has become the first person to reach 100 million

followers on Twitter, making her the most-followed person on the platform.

Perry joined Twitter back in 2009, making her something of an early adopter as a celebrity.

World Summit on the Information Society Forum 2017 WSIS Forum 2017 was held in Geneva, 12-16 June, and was

co-organized by ITU, UNESCO, UNCTAD and UNDP, in close collaboration with all UN agencies.

The Chair-elect of this year's forum is Mr. Jean Philbert Nsengimana, Minister of Youth and ICT, Government of Rwanda.

ASEAN Dengue Day ASEAN Dengue day was observed on 15

June. 2017 ASEAN Dengue Day Theme is

“United Fight against Dengue”. India Wins Re-Election to United Nation’s Eco and Social Council India has won its re-election to the United

Nation’s principal body on economic, social and environmental issues, continuing its streak of being elected for a third consecutive term.

India was among 18 nations to be elected to the Economic and Social Council (ECOSOC) of the UN with 183 votes.

Japan followed India with the second highest votes in the Asia Pacific category.

106th International Labour Conference The 106th Session of International Labour Conference (ILC)

was held in Geneva, Switzerland.


Quest IBS An Indian Tripartite Delegation led by the Minister of State

for Labour and Employment (Independent Charge), Shri Bandaru Dattatreya participated in the ILC.

International Day for the Elimination of Sexual Violence in Conflict The United Nations General Assembly proclaimed 19 June

of each year the International Day for the Elimination of Sexual Violence in Conflict.

2017 Theme: “Preventing Sexual Violence Crimes through Justice and Deterrence”

International Day of Yoga International Day of Yoga or commonly and unofficially

referred to as Yoga Day, is celebrated annually on 21 June since its inception in 2015.

An international day for yoga was declared unanimously by the United Nations General Assembly (UNGA) on 11 December 2014.

Theme- 'Yoga for Health.' World’s first train that runs on virtual tracks China has unveiled the world's first 'railless' train - a train

that runs on virtual tracks. The train can move at a maximum speed of 70 km/hour. Most expensive city 1st rank: Luanda 2nd rank: Hong Kong 3rd rank: Tokyo 57th rank: Mumbai 99th rank: New Delhi Estonia to open the world’s first data embassy in Luxembourg The world’s first ever data embassy is set for launch next

year after the Estonian government signed a deal with Luxembourg.

Estonia is planning to keep backup files of its vital information on servers in the duchy in order to guarantee country's digital continuity.

UN Public Service Day The United Nations Public Service Day is celebrated on June

23 of every year. Theme-‘The Future is now’. Social Progress Index 2017 Denmark-1st

Finland-2nd India-93rd It is observed that the world incorporating 128 countries

scores 64.85 on social progress. It registers a 2.6 percent increase from 2014.

World Book Capital Sharjah has been named the ‘World Book Capital’ title for

2019 by United Nations Educational, Scientific and Cultural Organisation (UNESCO).

The honour is recognition of the emirate’s pioneering role in supporting and expanding the local and regional publishing industries.

India contributes to UN Peacebuilding Fund India has contributed $500,000 to the UN Peacebuilding

Fund. India has been a member of the Peacebuilding Commission

since its inception in December 2005 and has so far contributed $5 million to the Peacebuilding Fund.

Israeli flower named after PM Modi A new fast-growing Israeli flower was named after Prime

Minister Narendra Modi, in a special gesture to mark the first visit of an Indian premier to the Jewish nation.

Israeli Crysanthumun flower will now be called “MODI”, officials said.

Capital-Jerusalem and currency- Shekel. 5th Meeting of BRICS Education Ministers Meeting of BRICS Ministers of Education was held on 5th

July, 2017 at Beijing, China. The Indian delegation was led by Shri Prakash Javadekar,

Minister of Human Resource Development, India. Malabar exercise The Malabar naval exercise involving Indian, American and

Japanese navies was held in the Bay of Bengal. India and the US have regularly conducted the annual

exercise since 1992.

GOODS AND SERVICES TAX What is GST? The GST is meant to be

a unified indirect tax across the country on products and services. In the current system,


Quest IBS tax is levied at each stage separately by the Union government and the States at varying rates, on the full value of the goods. But under the GST system, tax will be levied only on the value added at each stage. It is a single tax (collected at multiple points) with a full set-off for taxes paid earlier in the value chain.

What is State GST and Central GST? For transactions within a State, there will be two

components of GST - Central GST (CGST) and State GST (SGST) - levied on the value of goods and services. Both the Centre and the States will simultaneously levy GST across the value chain.

In the case of inter-State transactions, the Centre would levy and collect the Integrated Goods and Services Tax (IGST). The IGST would be roughly equal to CGST plus SGST.

GST Rates:

No tax Goods: No tax will be imposed on items like fresh meat,

fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial papers, printed books, newspapers, bangles, handloom, etc.

Services: Hotels and lodges with tariff below Rs 1,000, Grandfathering service has been exempted under GST.

5% tax slab Goods : Items such as fish fillet, cream, skimmed milk

powder, branded paneer, frozen vegetables, coffee, tea, spices, pizza bread, rusk, sabudana,Fertilizer, kerosene, coal, medicines, stent, lifeboats will attract tax of 5 %,

Services: Transport services (Railways, air transport), small restraurants will be under the 5% category because their main input is petroleum, which is outside GST ambit

12% tax slab Goods : Frozen meat products , butter, cheese, ghee, dry

fruits in packaged form, animal fat, sausage, fruit juices, Bhutia, namkeen, Ayurvedic medicines, tooth powder, agarbatti, colouring books, picture books, umbrella, sewing machine, cellphones will be under 12 % tax slab.

Services: Business class air ticket, fertilisers, Work Contracts will fall under 12 per cent GST tax slab

18% tax slab Goods: Most items are under this tax slab which include

flavoured refined sugar, pasta, cornflakes, pastries and cakes, preserved vegetables, jams, sauces, soups, ice cream, instant food mixes, mineral water, tissues, envelopes, tampons, note books, steel products, printed circuits, camera, speakers and monitors.

Services : AC hotels that serve liquor, telecom services, IT services, branded garments and financial services will attract 18 per cent tax under GST.

28% tax slab Goods : Chewing gum, molasses, chocolate not

containing cocoa, waffles and wafers coated with choclate, pan masala, aerated water, paint, deodorants, shaving creams, after shave, hair shampoo, dye, sunscreen, wallpaper, ceramic tiles, water heater, dishwasher, weighing machine, washing machine, ATM, vending machines, vacuum cleaner, shavers, hair clippers, automobiles, motorcycles, aircraft for personal use, will attract 28 % tax - the highest under GST system

Services: 5-star hotels, race club betting, cinema will attract tax 28 per cent tax slab.

AIIB grants loan to India Infrastructure Fund Asian Infrastructure Investment Bank

has approved $150 million equity investment loan to the India Infrastructure Fund.

PCA against Bank of Maharashtra The Reserve Bank of India (RBI) has initiated "prompt

corrective action" (PCA) on state-run lender Bank of Maharashtra in the view of its high non-performing assets (NPAs).

Earlier, the RBI had initiated a PCA on Central Bank of India, IDBI Bank, Indian Overseas Bank, UCO Bank and Dena Bank.

India and ADB Sign Loan for Upgrading Urban Services The Asian Development Bank (ADB) and the Government of

India signed a $275 million loan for improving urban services in 64 small towns in the State of Madhya Pradesh.

The project will develop sustainable, inclusive, and climate-resilient water supply in 64 small and medium-sized towns, and integrated storm water and sewerage infrastructure in two heritage towns of Khajuraho and Rajnagar.

Open Loop Metro Card launched


Quest IBS Axis Bank, India's third largest

private sector bank in association with Kochi Metro Rail Corporation (KMRL) has launched KMRL Axis Bank 'Kochi1' Card.

This is India's first open loop EMV contactless metro card that would make travel a convenient and hassle free experience for commuters in Kochi.

Interest rates on small savings to be lowered The government has announced to reduce the interest rate on

small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi by 0.1 per cent for the July-September quarter.

Investments in the public provident fund (PPF) scheme will fetch lower annual rate of 7.8 per cent.

The Kisan Vikas Patra (KVP) investments will yield 7.5 per cent and mature in 115 months.

The one for girl child savings, Sukanya Samriddhi Account Scheme, will offer 8.3 per cent annually.

The investment on 5-year Senior Citizens Savings Scheme will yield 8.3 per cent. Interest rate on the senior citizens scheme is paid quarterly.

PNB to block all Maestro debit cards from July 31 All Maestro cards issued by PNB will

be blocked or hot listed on July 31, 2017 for security-based reasons.

Punjab National Bank (PNB) Maestro debit cards holders will face a card blockage if they fail to replace it with a more secure EMV chip based card by the end of this month.

NMCE, Indian Commodity Exchange to merge in 1st commodity exchange merger National Multi Commodity Exchange (NMCE) will merge

with Indian Commodity Exchange (ICEX) in an all-stock deal to create the country's third-largest commodities bourse.

Reliance Capital is the largest investor in ICEX and will continue to be the largest shareholder post merger, along with others.

As per the agreed swap ratio, ICEX shareholders will hold 62.8 per cent stake and NMCE's will hold 37.2 per cent in ICEX, post merger.

ADB grants loan for Rajasthan The Asian Development Bank (ADB) signed a $220 million

loan agreement with India for improving road connectivity, transport efficiency and safety on state highways of Rajasthan.

Digital village The State Bank of India has launched a

digital village initiative in Nepal by installing a cash recycling centre.

The digital village initiative has been launched in Jarisingpouwa in Shankarapur Rural Municipality, 25 km east from Kathmandu.

SBI waives charge on IMPS fund transfer of up to Rs 1,000 State Bank of India had been charging Rs 5 along with the

applicable service tax for IMPS fund transfer of up to Rs 1,000.

For IMPS, charge will be Rs 5 along GST for fund transfer in the range of Rs 1,000 to Rs 1 lakh. The charge will go up to Rs 15 for transactions of Rs 1-2 lakh.

GST at the rate of 18 per cent is applicable on all financial transactions.

Investment Facilitation Mechanism European Union (EU) and India

announced the establishment of an Investment Facilitation Mechanism (IFM) for EU Investments in India.

This agreement builds on the Joint Statement of the 13th EU-India Summit held in Brussels in March 2016.

PSLV-C38 ISRO’s Polar Satellite Launch

Vehicle PSLV-C38 successfully launched the 712 kg Cartosat-2 Series Satellite along with 30 co-passenger satellites from Satish Dhawan Space Centre SHAR, Sriharikota.

This is the thirty ninth consecutively successful mission of PSLV.

One of the 30 co-passenger satellites carried by PSLV-C38 was the 15 kg NIUSAT, a University/Academic Institute satellite from Nurul Islam University, Tamil Nadu, India.

The remaining 29 co-passenger satellites carried were 14 international customer satellites from USA (10), United Kingdom (3), Belgium (3), Italy (3), Austria (1), Chile (1), Czech Republic (1), Finland (1), France (1), Germany (1), Japan (1), Latvia (1), Lithuania (1) and Slovakia (1).


Quest IBS GSAT-17 India's latest communication satellite GSAT-17 was

successfully launched by a heavy duty rocket of Arianespace from the spaceport of Kourou in French Guiana.

World's lightest satellite India once again broke a global space record by launching

the world's lightest satellite weighing a mere 64 grams, called Kalamsat, designed and developed by 18-year-old Tamil Nadu student Rifath Sharook and his team.

The tiny satellite, named after Abdul Kalam, was flown by a Nasa sounding rocket.

Kalamsat was the only Indian payload in the Nasa mission. First X-ray space telescope China launched its first x-ray

telescope, a significant step in the country’s race to develop a space program that can rival that of the US or Russia.

The Hard X-ray Modulation Telescope (HXMT) took off from China’s Jiuquan Satellite Launch Center, the country’s first satellite launch site, located in Inner Mongolia via a domestically-developed Long March-4B rocket.

Once in orbit, the telescope will be used to observe high-energy entities like black holes, pulsars and gamma-ray bursts in order to understand more about their energy sources.

BIO International Convention The Biotechnology Innovation

Organization (BIO) BIO 2017 is being held in the San Diego Convention Centre, San Diego.

Wimbledon 2017 Men’s Single: Roger Federer defeated Marin Cilic of Croatia by 6-3, 6-1, 6-4 score. It was Federer’s record eighth Wimbledon title and overall 19th Grand Slam. He also became the first player since Bjorn Borg in 1976 to win Wimbledon without dropping a set in the entire tournament. Women’s single: Garbiñe Muguruza (Spain) defeated Venus

Williams (United States) by 7–5, 6–0 score to win her first Wimbledon title in the women’s single category. Men’s Double: Łukasz Kubot (Poland) and Marcelo Melo (Brazil) pair defeated Oliver Marach (Austria) and Mate Pavić (Croatia) pair to win 2017 Wimbledon title in Men’s Doubles category. Women’s Doubles: Russian pair Ekaterina Makarova and Elena Vesnina defeated Chan Hao-ching (Chinese Taipei) and Monica Niculescu (Romania) to win 2017 Wimbledon title in Women’s Doubles category. Mixed Doubles: Jamie Murray (United Kingdom) and Martina Hingis (Switzerland) defeated Henri Kontinen (Finland) and Heather Watson (United Kingdom) to win 2017 Wimbledon title in mixed Doubles category.

Junior Asian Championships Indian wrestlers bag five medals at

the Junior Asian Championships. Among the women, Pooja Gehlot-

gold (51kg), Sonu-silver (44kg) and Manju Kumari bronze (59kg).

The boys bagged two medals in the Greco-Roman categories in the competition with S. Satish-silver(120kg) and Manish-bronze (50kg)

Champions Trophy Winner: Pakistan Runner up: India Fakhar Zaman was declared Man of the Match. Hassan Ali was declared Man of the Tournament. Indonesia Open Super Series Premier Title Indian shuttler Kidambi Srikanth clinched his third Super

Series title, lifting the Indonesia Open men's singles trophy with a straight-game victory over Japanese qualifier Kazumasa Sakai in the final.

World No.22 Srikanth outclassed Sakai, ranked 47th, 21-11 21-19 in just 37 minutes to take home a title.

Ireland & Afghanistan awarded Test status by ICC Ireland and Afghanistan have been granted Test status by the

International Cricket Council. It increases the number of countries competing at the top

level of international cricket to 12. They are the first admissions since Bangladesh gained Test

status in 2000..


Quest IBS Australian Open Indian shuttler Kidambi Srikanth beat Olympic champion

Chen Long 22-20, 21-16 in straight sets to win the Australian Open Superseries badminton tournament.

1st Indian to finish Race across America Srinivas Gokulnath created history by becoming the first

Indian to complete - the 4,900-km Race Across America (RAAM) in solo category.

Another Maharashtrian, Dr Amit Samarth of Nagpur, followed him at the finish line.

Among the nine men who finished, Gokulnath stood 7th while Samarth was right on his heels at number 8. The race was won by Christoph Strasser.

BCCI Special Committee Rajeev Shukla, a former vice-

president of the Board of Control for Cricket in India (BCCI), will head a newly-formed seven-member Special Committee, to suggest a way forward for implementing the administrative overhaul prescribed in the Supreme Court order on July 18 last year.

Besides Shukla and BCCI acting secretary Amitabh Choudhary, the committee will include former India captain Sourav Ganguly (Bengal), T.C. Mathew (Kerala), Naba Bhattacharjee (Meghalaya), Jay Shah (Gujarat) and BCCI treasurer Anirudh Chaudhry.

Junior Shooting World Championship The Indian shooting squad finished a second at the ISSF

Junior World Championship with three gold, two silver and three bronze medals in Suhl, Germany.

China topped the tally in the rifle/pistol tournament with 19 medals, including 8 gold.

Maiden Confederations Cup Germany survived a whirlwind assault by Chile to claim a 1-

0 victory in Confederations Cup final. Germany captain Julian Draxler was conferred with the

'Golden Ball' - best player award. Germany's Timo Werner holds the Golden Boot of the

competition. South Australian Open title India's Harinder Pal Sandhu beat Rhys Dowling of Australia

11-8 12-10 11-4 in the final to lift South Australian Open squash title.

It was Sandhu's eighth title at the PSA level and the third this season after winning two in Malaysia in the month of May.

Ravi Shastri named head coach BCCI have decided to appoint Ravi Shastri as the chief coach

while Zaheer Khan will be appointed bowling coach for a period of two years.

Women's ODIs India captain Mithali Raj scripted history as she became the

all-time leading run-getter in women's one-day internationals.

Mithali, who is leading India at the ICC Women's World Cup in England, overtook Charlotte Edwards (5992) after scoring her 34th run against Australia in Bristol.

KKM Memorial Gold Cup The President of India, Shri Pranab Mukherjee inaugurated

the 7th Edition of Kamada Kinkar Mukherjee Rural Football Tournament at Mackenzie Park Football Ground in Murshidabad district of West Bengal.

The President witnessed an exhibition match between Mohun Bagan U-19 and Kingfisher East Bengal U-19. Mohun Bagan won the match by 1-0. The President greeted the players of both the teams and presented awards.

First Indian woman to be judge at ITLOS Indian lawyer Dr Neeru Chadha will be the

first Indian woman to be a judge at the International Tribunal Law of the Sea (ITLOS).

Amitabh Bachchan to promote GST The government has roped in Bollywood megastar Amitabh

Bachchan to promote Goods and Services Tax (GST). Saudi Arabia's Mohammed bin Salman appointed Crown Prince Saudi Crown Prince Mohammed

bin Nayef has been replaced by Deputy Crown Prince Mohammed bin Salman.

Prince Mohammed bin Salman becomes deputy prime minister and retains his defence and other portfolios.

Union Home Secretary Rajiv Gauba is appointed as new Home Secretary of India.


Quest IBS He will succeed Rajiv Mehrishi, whose tenure ends on

August 30. Justice Dalveer Bhandari Justice Dalveer Bhandari has been nominated by India as its

candidate for another nine year term as judge of the International Court of Justice (ICJ).

First UN counter-terrorism chief The United Nations has announced the appointment of its

first counter-terrorism chief, Russian diplomat Vladimir Voronkov.

Voronkov will hold the title of under-secretary-general. ICC deputy chairman The International Cricket Council (ICC) has appointed

Chairman of Associates Imran Khawaja as its deputy chairman.

President of IIC Jammu and Kashmir Governor N N

Vohra has been appointed the president of the India International Centre (IIC) - one of the premier cultural institutions in the country.

The appointment was made after eminent jurist Soli Sorabjee quit the presidential post.

Romania's new prime minister Mihai Tudose has been appointed as prime minister He will replace Sorin Grindeanu. IEA president Former chief economic advisor Kaushik Basu has taken over

as president of the International Economic Association (IEA).

Basu's three-year term started from June 23. Indian Film Festival of Melbourne Vidya Balan will be the ambassador of Indian Film Festival

of Melbourne to be held from August 10 to 22. The Indian Film Festival of Melbourne (IFFM) is one of the

largest Indian film festivals being hosted outside India. NIFT Chairperson The Union Government (M/o Textiles) has appointed Shri

Rajesh V. Shah as Chairperson on the Board of Governors of the National Institute of Fashion Technology.

He will replace Shri Chetan Chauhan.

Indian envoy to Greece Senior diplomat Shamma Jain was

appointed as India's ambassador to Greece.

Jain succeeds M Manimekalai as Indian envoy in Greece. Director General, ITBP R K Pachnanda, IPS takes charge as

the new Director General of Indo-Tibetan Border Police (ITBP).

Shri Krishna Chaudhary, DG who retired on superannuation, handed over the customary baton to Shri Pachnanda.

Secretary I&B Shri Narendra Kumar Sinha assumed charge as Secretary in

the Ministry of Information & Broadcasting on transfer of Shri Ajay Mittal, IAS.

Attorney General for India Senior Advocate and Constitution Law Expert KK

Venugopal has been appointed the 15th Attorney General for India.

Venugopal succeeds Mukul Rohatgi, who stepped down after his first term ended on June 11.

Economic relations secretary in MEA Senior diplomat Vijay Keshav

Gokhale was appointed as the economic relations secretary in the Ministry of External Affairs (MEA).

India's new Chief Election Commissioner Election Commissioner Achal Kumar Jyoti has been

appointed the Chief Election Commissioner (CEC) of India. He will take charge as the CEC on July 6 after Nasim Zaidi

retires. MFIN president Microfinance Institutions Network (MFIN) has re-elected

Rakesh Dubey, chief of SV Creditline Private Ltd, as its president for the second term.

NDRF chief Himachal Pradesh DGP Sanjay Kumar has been appointed as

the new chief of the National Disaster Response Force (NDRF).


Quest IBS The post of NDRF Director General (DG) fell vacant after

incumbent RK Pachnanda was appointed as the chief of the Indo-Tibetan Border Police (ITBP).

Ambassador of India to Indonesia Shri Pradeep Kumar Rawat has been appointed as the next

Ambassador of India to the Republic of Indonesia. Currently he is Joint Secretary in the Ministry of External

Affairs. Non-executive chairman of Union Bank Kewal Handa has been appointed as non-executive chairman

of Union Bank of India. Handa will hold the post for a period of three years. New York Consul General India’s Ambassador to Peru Sandeep Chakravorty has been

appointed as the head of the Indian consulate in New York. He will replace Riva Ganguly Das. Mongolia’s New President Khaltmaa Battulga of the opposition Democratic Party, a

businessman and former judoka, has won the Mongolian presidential election with more than 50 percent votes.

GST intelligence agency new chief Senior bureaucrat John Joseph has been appointed Director

General of Goods and Services Tax Intelligence (DG GSTI). WHO goodwill ambassador Saima Wazed Hossain has been appointed as the WHO

goodwill ambassador for autism in South-East Asia. DEA Secretary Subhash Chandra Garg has becomethe new

Secretary in the Department of Economic Affairs (DEA) in the Ministry of Finance.

He succeeds Shaktikanta Das, who retired after an extended tenure on May 31.

Brand ambassador of indoor cricket team Former Indian batsman Sandeep Patil was named as the

brand ambassador of the Indian Indoor Cricket Team.

BCCC chairperson The Board of Directors of Indian Broadcasting Foundation

(IBF) appointed former Supreme Court judge, Justice Vikramajit Sen, as the new chairperson of Broadcasting Content Complaints Council (BCCC).

Justice Sen succeeds former Punjab and Haryana high court Chief Justice, Justice Mukul Mudgal, whose three-year term as BCCC Chairperson came to an end.

Man Booker International prize Winner: David Grossman He split the £50,000 cash award for his winning book, ‘A

Horse Walks into a Bar’, with translator Jessica Cohen. Bhupen Hazarika Award Winner: Yeshe Dorjee Thongshi. This award is given by Sarhad, a Maharashtra-based

organization. His most important novel is Mauna Onth Mukhar Hriday

(Silent lips, murmuring hearts) which won the Sahitya Akademi award in 2005.

Orwell Prize Winner: John Bew Prize money: £3,000 This award has given to him for biography of Clement Atleee

“Citizen Clem”. Japan Award Winner: Indian Agricultural Microbiologist Dr Shrihari

Chandraghatgi. Dr Shrihari is the first foreigner to win this award in

environmental sector in Japan. United Nations Public Service Award Kanyashree Prakalpa, the scheme launched by Mamata

Banerjee has won the United Nations Public Service Award at The Hague.

Kanyashree aims to improve status of adolescent girls from disadvantaged families through small cash transfers.

Social entrepreneur of year award Winner: Nisha Dutt.


Quest IBS She is the first Indian woman leader to have been conferred

with this recognition. Skoch Awards Winner: Vijaya Bank. The bank received awards in the following categories -- Best

Bank in Public Sector; Best Bank for NPA Management – Organization Category; Retail Lending; Inclusive Wallet – VPAYQWIK; Digital Inclusion; IT Security; e-Surveillance of ATMs and branches; and 100 Digital Villages – Financial Inclusion.

54th Femina Miss India World 2017 Winner : Manushi Chhillar from Haryana First Runner up: Sana Dua from Jammu and Kashmir Second runner-up : Priyanka Kumari from Bihar. The event was held at Yash Raj Studios in Mumbai. Miss World Bodybuilding Title Dehradun girl Bhumika Sharma has won the World

Bodybuilding Championship in Venice. She bagged the Miss World Bodybuilding title and the gold

medal at the world championship which was held in Venice last week.

Bharat Gaurav Former India hockey captain Dhanraj Pillay will be awarded

with East Bengal football club’s highest honour – Bharat Gaurav on their foundation day.

Pillay has played a huge role in reviving the Indian team and performed brilliantly during his 15-year career, representing the country in four Olympics, World Cups, Champions Trophy and Asian Games.

'Mohun Bagan Ratna' Winner: Former India defender Subrata Balwant Singh-Mohun Bagan Player of the Year. Debabrata- Best Cricketer, while they also chose Indian

women's cricket team pacer Jhulan Goswami, middle-distance runner Lili Das and Mount Everest conqueror Shaikh Sahabuddin as special awardees.

Indian police officer recognized by prestigious award in US

Mahesh Muralidhar Bhagwat has been recognised with the prestigious Trafficking in Persons (TIP) Hero award.

Australia's highest civilian award Winner: Guruswamy Jayraman He works as a senior accountant with Woollahra Municipal

Council for a living and has been devoting most of his spare time in community work for the last 25 years.

Best integrated steel plant Tata Steel has won the Prime Minister’s trophy for being the

best performing integrated steel plant in the country during 2014-15 and 2015-16.

Maruti Suzuki Sports Awards Sportsperson of the Year : P.V Sindhu Coach of the Year award: P. Gopichand Flying Sikh Milkha Singh was given the Living Legend of the

Year award. Young India cricketer K L Rahul was awarded with

Gamechanger of the Year award. Lifetime achievement award: Abhinav Bindra. Golden Peacock Award 2017 Indian Railways Organization for Alternate Fuel (IROAF) has

been awarded the coveted National level “Golden Peacock Award for the Year 2017 for Eco-Innovation” for substitution of fossil fuels (Diesel) by environment friendly CNG in DEMU passenger train services.

Use of CNG in Train Sets for passenger transportation has been done for the first time in the world.

The CNG based dual fuel 1400 HP engine used in DEMU trains developed by IROAF has successfully substituted diesel fuel with CNG upto 20%.

Asia Pacific App of the Year award Maya, a Bangalore-based mobile app won the Asia Pacific

App of the Year at FbStart Apps of the Year awards announced by Facebook. Maya was founded in India in 2014. It's now available in 14 languages and has been downloaded across 190 countries.


Quest IBS

TEST - I TEST OF REASONING

Direction (1-5):- Study the following information carefully and answer the question given below: A man has six sons G, H, I, J, K and L. Each has different profession, viz Cricket, Driver, Pilot, Accountant, Salesman and Lawyer, but not necessarily in the same order. They live in four different cities. Three of them are married. J who lives in Mumbai, is a Lawyer. The one who is a Cricketer is a bachelor. Two of them live in Kolkata and are the Pilot and the Accountant. One of the two who live in Mumbai is married. Two of the bachelors live in Kolkata and Delhi. The Driver has only one son. The Salesman lives in Chennai. K the Accountant is married. L and G live in Mumbai and Delhi respectively. H is a pilot and bachelor. 1. Which of the following combination is/are true? (a) I – Chennai – Married – Salesman (b) G – Delhi – Married – Driver (c) H – Chennai – Bachelor – Pilot (d) L – Mumbai – Bachelor – Cricketer (e) None of these 2. I lives in which of the following cities? (a) Delhi (b) Chennai (c) Either (a) or (b) (d) Mumbai (e) Either (b) or (d) 3. Who among the following is definitely not married? (a) Driver (b) Pilot (c) Salesman (d) Accountant (e) None of these 4. Who among the following is a Cricketer? (a) I (b) H (c) G (d) K (e) None of these 5. The one who is a Driver lives in which of the following cities? (a) Kolkata (b) Delhi (c) Chennai (d) Can’t be determined (e) None of these Direction (6-10):- In these questions, a relationship between different elements is shown in the statements. The statements are followed by two conclusions. Given answer. (a) If only conclusion I is true (b) If only conclusion II is true (c) If either conclusion I or II is true (d) If neither conclusion I nor II is true (e) If both conclusion I and II are true 6. Statements: C = T ≥ N > P, D ≤ E < T Conclusions: I. C > E II. D ≥ P 7. Statements: B > N ≥ T = S, T < K = R ≥ W Conclusions: I. B > R II. W < N 8. Statements: W ≤ R ≤ L = K, Q ≥ U > X < W Conclusions: I. K > X II. Q ≥ R 9. Statements: P ≥ R = T < N ≤ Q < M ≥ V Conclusions: I. V ≤ T II. R < M 10. Statements: D < E < F. G > H > J, F = J Conclusions: I. G > F II. D < J Direction (11-15):- Study the following arrangement carefully and answer the question given below: 2 # 7 M G % H V T 8 3 * J A 1 F I 4 £ K E 5 @ 9 B L $ 6 U 11. How many such symbols are there in the above arrangement each of which is both immediately preceded and followed by a

digit? (a) None (b) One (c) Two (d) Three (e) None of these 12. How many such vowels are there in the above arrangement each of which is immediately preceded by a letter and immediately

followed by a number?

MODEL TEST PAPER IBPS CLERK (PRELIM)


Quest IBS (a) One (b) Two (c) Three (d) None (e) None of these 13. How many such numbers are there in the above arrangement each of which is immediately preceded by a symbol and

immediately followed by a letter? (a) One (b) Two (c) Three (d) None (e) None of these 14. Which of the following is fifth to the right of seventeenth from the left end? (a) I (b) 4 (c) J (d) V (e) None of these 15. Four of the following five are like in a certain way based on the above arrangement and form a group. Which is the one that

does not belong to that group? (a) 7HM (b) V*T (c) A8J (d) 5L@ (e) K9E Direction (16-20):- In the question are given below three statements followed by two conclusions numbered I and II. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. (a) If only conclusion I follows (b) If only conclusion II follows (c) If either conclusion I or II follows (d) If neither conclusion I nor II follows (e) If both conclusion I and II follow. 16. Statements: Some doctors are clerks No clerk is a teacher No teacher is a banker. Conclusions: I. Some teachers are not doctors II. No clerk is a banker. (17-18):- Statements: All mobiles are phones No tab is a phone. Some computers are tabs. 17. Conclusions: I. No mobile is a tab II. No phone is a tab. 18. Conclusions: I. At least some phones are not computers. II. Some mobiles are not computers. (19-20):- Statements: All tigers are lions. No lion is a panther. All jackals are tigers. 19. Conclusions: I. All jackals are lions II. No tiger is a panther. 20. Conclusions: I. At least some tiger are jackals II. No jackals is a panther. Direction (21-25):- Study the following information carefully and answer the question given below? S, T, U, V, W, X, Y and Z are sitting around a circular table, but not necessarily in the same order. Some of them are facing outward. Facing the same direction means that if one is facing the centre then the other person is also facing the centre and if one is facing outward then other person is also facing outward. W and Z face opposite directions. One of the immediate neighbors of W faces the centre. Z sits second to the right of T, who faces the centre. X sits second to the right of W, who sits third to the left of Z. U sits on the immediate left of X. V sits second to the left of Y, who faces the same direction as W. Y is not an immediate neighbor of T. The immediate neighbors of Z face opposite directions. S is not facing the centre. 21. How many persons in the given arrangement face outward? (a) Two (b) Three (c) Four (d) Five (e) None of these 22. Who among the following is second to the right of S? (a) U (b) V (c) Z (d) W (e) None of these 23. What is the position of Y with respect to U? (a) Second to the left (b) Third to the left (c) Immediate right (d) Third to the right (e) None of these 24. Who among the following is fifth to the right of V? (a) S (b) V (c) W (d) Can’t be determined (e) None of these 25. Which of the following statements is/are true? (a) V sits on the immediate left of T (b) Y sits third to the right of U (c) X sits opposite Y (d) All are true (e) None of these Direction (26-30):- These questions are based on the five words given below:


Quest IBS BIN YEN MUG COR POT 26. If the first alphabet in each of the words in changed to the previous alphabet as per the English alphabetical order, then how

many words having two or more vowels will be formed? (a) One (b) Two (c) Three (d) None (e) None of these 27. If each letter in each word is arranged in alphabetical order within the word, how many words will remain unchanged, when

compared to the original set of words? (a) None (b) One (c) Two (d) Three (e) None of these 28. If the given words are arranged in the order as they would appear in a dictionary from left to right, the position of which of the

following words will be second from the left? (a) POT (b) YEN (c) COR (d) BIN (e) MUG 29. How many letters are there in the English alphabetical order between the third letter of the word which is second form the left

end and the second letter of the word which is second from the left right end among the given words? (a) One (b) Two (c) None (d) Three (e) None of these 30. If in each of the given words, each of the consonants is changed to the previous letter and each vowel is changed to the next

letter as per the English alphabetical order, how many words thus formed will have no vowel? (a) One (b) Two (c) Three (d) Four (e) None of these Direction (31-35):- Study the following information carefully and answer the questions given below: Seven persons A, B, C, D, E, F and H lives on three different floors of a building. The lowermost floor of the building is numbered 1, the floor above it is numbered 2 and the topmost floor is numbered 3. They are student, Teacher, Engineer, Doctor, Manager, Lawyer and MR but not necessarily in the same order. Two persons live on the first floor, three persons live on the second floor and two persons live on the topmost floor. B, who is a Engineer, does not live on the topmost floor. The student is the only person who lives on the same floor on which B lives. A and H do not live on the second floor, and they are Teacher and Lawyer respectively. C is a Manager. D is neither an MR nor a student. F live on the same floor on which the Doctor lives. 31. Who among the following is a student? (a) D (b) E (c) F (d) Can’t be determined (e) None of these 32. Who among the following live on the first floor? (a) Teacher and Engineer (b) Doctor and MR (c) Engineer and Student (d) Lawyer and Manager (e) None of these 33. Which of the following combination is/are true? (a) A – Student – 1 (b) D – Doctor – 3 (c) F – MR – 2 (d) All are true (e) None of these 34. Who among the following live on the second floor? (a) C, D, F (b) E, F, C (c) D, E, F (d) A, F, H (e) None of these 35. F lives on which of the following floors? (a) First (b) Second (c) Either second or third (d) Can’t be determined (e) None of these

TEST-II NUMERICAL APTITUDE

Directions (36 –41): What should come in place of the question mark (?) in the following questions? 36. 13.141 + 31.417 – 27.118 = ? (1) 16.441 (2) 17.543 (3) 17.490 (4) 16.440 (5) None of these 37. 25% of 420 - ?% of 140 = 77 (1) 25 (2) 36 (3) 20 (4) 40 (5) None of these 38. 252.7 × 54.2 ÷ 56.4 = 25 × ? (1) 1.7 (2) 3.2 (3) 1.6 (4) 3.6 (5) None of these 39. ?

√ = ×


Quest IBS (1) 20 (2) 45 (3) 25 (4) 50 (5) None of these 40. 4 × 4 ÷ 3 = ?

(1) 2 (2) 4 (3) 4 (4) 6 (5) None of these 41. 36% of 250 × 18% of 50 = ? + 10 (1) 820 (2) 810 (3) 790 (4) 800 (5) None of these Directions (42 – 44): What will come in place of the question mark (?) in the following number series? 42. 311 300 278 245 201 146 ? (1) 70 (2) 90 (3) 80 (4) 110 (5) None of these 43. 17 22 32 47 67 92 ? (1) 112 (2) 132 (3) 111 (4) 122 (5) None of these 44. 3 123 183 213 228 235.5 ? (1) 238.25 (2) 239.25 (3) 275.50 (4) 238.50 (5) None of these 45. The ratio between the speed of a car and a train is 15 : 22 respectively. If the speed of the train is 35 kmph more than that of the

car, what is the speed of the car? (1) 75 kmph (2) 110 kmph (3) 85 kmph (4) Cannot be determined (5) None of these 46. Out of the fractions , , , , and which is the largest fraction?

(1) (2) , (3) (4) (5) None of these 47. The salary of a man increases by 20% every year in the month of January. His salary was Rs. 5,000 in the month of February in

years 2009. What will be his salary in the month of February in the year 2011? (1) Rs. 7,200 (2) Rs. 6,200 (3) Rs. 7,800 (4) Rs. 6,800 (5) None of these 48. In how many different ways can the letters of word ‘FINISH’ can be arranged ? (1) 80 (2) 120 (3) 60 (4) 720 (5) None of these 49. The simple interest accrued on a certain principal in 5 years at the rate of 12 p.c.p.a. is Rs. 1,536. What amount of the simple

interest would one get if one invests Rs. 1,000 more than the previous principal for 2 years and at the same rate p.c.p.a.? (1) Rs. 845.40 (2) Rs. 614.40 (3) Rs. 2,136 (4) Rs. 1,536 (5) None of these 50. If 3 men or 9 boys can finish a piece of work in 21 days. In how many days can 5 men and 6 boys together do the same piece of

work? (1) 12 days (2) 8 days (3) 14 days (4) Cannot be determined (5) None of these 51. Twenty five percent of Reena’s yearly income is equal to seventy five percent of Anubhav’s yearly income. If Anubhav’s

yearly income is Rs. 2,40,000 what is Reena’s monthly income? (1) Rs. 60.000 (2) 12,000 (3) Rs. 5,200 (4) Cannot be determined (5) None of these 52. What is the value of 72% of two-fifth of 450? (1) 648.4 (2) 129.6 (3) 324.2 (4) 162.6 (5) None of these 53. What is the compound interest accrued on a sum of Rs. 1800 at the rate of 4 p.c.p.a. in 2 years? (1) Rs. 146.88 (2) Rs. 1,946.88 (3) Rs. 156.84 (4) Rs. 1,846.84 (5) None of these 54. The area of a square is 225 sq.cm which is equal to the area of a rectangle. The length of the rectangle is 16 cm. more than the

breadth of the rectangle. What is the respective ratio between the side of the square and the breadth of the rectangle? (1) 3 : 5 (2) 5 : 3 (3) 5 : 4 (4) 4 : 5 (5) None of these 55. The ratio between the angles of a quadrilateral is 3 : 5 : 9 : 1 respectively. What is the value of two-third of the total sum of the

smallest and the second largest angles together? (1) 60 (2) 90 (3) 80 (4) 120 (5) None of these Directions (56 –57): In the following series only one number is wrong. Find out the wrong one. 56. 217 216 212 203 187 151 126 (1) 216 (2) 212 (3) 203 (4) 187 (5) 151 57. 11 16 23 29 37 46 56


Quest IBS (1) 16 (2) 23 (3) 11 (4) 37 (5) 46 Directions (58 –62): What approximate value should come in place of the question mark (?) in the following questions? (You are not expected to calculate the exact value.) 58. 970% of 14 + 310% of 43 = ? (1) 240 (2) 225 (3) 270 (4) 300 (5) 320 59. 25.8% of 235.9 × 3.96 = ? (1) 280 (2) 210 (3) 200 (4) 250 (5) 300 60. 3 × 9 ÷ 7 = ? (1) 10 (2) 20 (3) 30 (4) 5 (5) 15 61. 23 × 17.5 + 63.774 – 321.3 ÷ 52.6 = ? (1) 460 (2) 520 (3) 600 (4) 400 (5) 370 62. 236.56 ÷ 18.29 × 9.87 = ? (1) 127 (2) 152 (3) 182 (4) 210 (5) 240 Directions (63 – 67): Study the following graph carefully to answer the questions that follow:

Number of Students passed (in thousands) From Two Universities Over the years University A University B

63. What is the respective ratio between the number of students passed from university ‘A’ in the years 2007 and the number of

students passed from university ‘B’ in the year 2004? (1) 5 : 4 (2) 4 : 5 (3) 7 : 10 (4) 10 : 7 (5) None of these 64 What is the difference between the total number of students passed from both the Universities in the years 2007 together and

the total number of students passed in the years 2005 from both the Universities together? (1) 70,000 (2) 37,000 (3) 7,000 (4) 3.700 (5) None of these 65. What is the sum of students passed from university ‘B’ in years 2003, 2005 and 2006 together? (1) 70.000 (2) 37,000 (3) 7,000 (4) 3,700 (5) None of these 66. Number of students passed from University ‘B’ in the years 2008 is approximately what percent of the total number of students

passed from University A over the years? (1) 30 (2) 25 (3) 20 (4) 35 (5) 40 67. What is the respective ratio between the number of students passed in years 2007, 2008 and 2005 from University A? (1) 5 : 3 : 2 (2) 3 : 5 : 5 (3) 5 : 3 : 3 (4) 5 : 1 : 1 (5) None of these Directions (68-70): In the following questions, two equations I and II are given. You have to solve both the equations and give answer: 1. if X > Y 2. if X ≥ Y 3. if X < Y 4. if X ≤ Y 5. Relation can not determine

0

10

20

30

40

50

60

70

2003 2004 2005 2006 2007 2008


Quest IBS 68. I. 2푥 − 15푦 = 5 II. 6푥 − 5푦 = −1 69. I. 푥 = 1521 II. 푦 = √1521 70. I. 푥 − 12푥 + 35 = 0 II. 푦 − 9푦 + 20 = 0

TEST - III ENGLISH LANGUAGE

Directions (71 - 78): Read the following passage very carefully and answers the questions given below appropriately. There are certain words in bold letters to lead you to find them out easily in order to help you in answering some of the questions. I worked as health secretary for about five years from the middle of 1962 to the middle of 1987. Thereafter I worked as finance secretary until the end of 1969. Indiscipline was rampant in the health department. Intense lobbying to secure plum postings was the order of the day. Ministers, legislators, senior officers and other influential people openly pleaded the cause of their protégés. The Health Minister was an honest, well-meaning politician. He approved my proposals to bring about some system and objectivity in posting and transfers and put an end to lobbying. But those efforts met with only limited success. Doctors succeeded in getting desired postings by resorting to bribery. On the eve of the elections, the then minister sent down over 100 transfer orders from his camp of five. They were in conflict with the guidelines and quite a few were confusing in as much as two doctors were posted to the same place, or one person was posted to more than one person was posted to more than one post. I did not carry out the orders. I submitted a note to chief Minister through the Chief Secretary pointing out why the orders should not be implemented. The Chief Secretary Supported me. The Chief Minister decided that the minister’s orders should not be implemented. All the doctors who had paid money were disappointed. In several other departments also corruption became widespread. In the works departments corruption had existed since a long time in the matter of awarding contract. Now bribes were freely offered to secure transfer to particular posts, and even for getting promotions. As finance Secretary I found that the finances of the state were in a precarious condition. Financial discipline had evaporated. Long before the advent of the wireless and the telephone, The British had included in the Treasury Code a rule (Rule 27) empowering collectors to draw money from the treasury to meet emergencies like floods, earthquakes, devastating fires, etc. To my dismay I found that collectors were freely drawing money for all manner of trivial purposes under Rule 27 of the Treasury Code. In one case a collector had drawn money under the rule to by a staff car for the SDO of another district. All checks and balances had disappeared. There was no accountability and any one could do what he pleased. Resorting to a number of harsh measures I could restore a measure of financial discipline. But the administration continued to be in disarray. 71. How many years did the author work as health secretary? (1) He worded as health secretary until the end of 1969 (2) He worked as health secretary before he took over as finance secretary (3) He worded as health secretary till the health minister was found to be a man of integrity (4) He worded as health secretary for about five years (5) He did not word as health secretary at all 72. According to the author what was the order of the day? (1) Strict discipline (2) Cut throat competition (3) Racial discrimination (4) Intense lobbying (5) None of these 73. How did the doctors succeed in getting desired postings? (1) Through dedicated service (2) By working in the health minister’s constituency (4) By resorting to sycophancy (4) By resorting to bribery (5) None of thsee 74. When the health minister sent down 100 transfer orders from his camp office, how did the author react? (A) He immediately obeyed the minister (B) He did not carry out the orders (C) He submitted a note to Chief Minister through the Chief Secretary (1) Only (A) (2) Only (B) (3) Only (A) & (B) (4) Only (B) & (C) (5) Only (A) & (C) 75. What happened when the Chief Minister decided that the minister’s orders should not be implemented? (1) The author was very happy (2) The author arranged a tea party to celebrate his victory (3) The doctors resigned and left the hospitals (4) The health minister submitted his resignation (5) All the doctors who had paid money were disappointed


Quest IBS Directions (76 – 78): Choose the word which is MOST OPPOSITE in meaning of the word given in bold as used in the passage. 76. Intense (1) Active (2) Vigorous (3) Feeble (4) Inferior (5) Devise 77. Conflict (1) Conformity (2) disagreement (3) Attest (4) Combat (5) Manifest 78. Devastating (1) Ravaging (2) wrecking (3) Refreshing (4) Restoring (5) Replenishing Directions (79 –88): In the following passage, there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case. With the (79) of Indian economy (80) various initiated, banking sector (81), a pivotal role in the process of achieving (82) economic growth and also in (83) the social well being at large. The public sector (84) in India have the twin tasks ahead of meeting the social banding (85) and at the same time generating (86) profits to meet the costs associated with growth. At present, banks have more then 76.1 per cent of their total branch (87) in rural and semi-urban (88). 79. (1) nationalization (2) expansion (3) liberalization (4) computerization (5) accommodation 80. (1) from (2) over (3) between (4) through (5) thorough 81. (1) manages (2) occupies (3) facilitates (4) naturalize (5) conquers 82. (1) fewer (2) fantastic (3) higher (4) lower (5) lesser 83. (1) increasing (2) enhancing (3) encouraging (4) improving (5) innovation 84. (1) organizations (2) companies (3) corporations (4) banks (5) institutions 85. (1) limitations (2) obligations (3) derivatives (4) facilities (5) liabilities 86. (1) beautiful (2) Iumpsum (3) adequate (4) wonderful (5) everlasting 87. (1) map (2) scenario (3) network (4) system (5) graph 88. (1) households (2) residences (3) areas (4) locals (5) suburbs Directions (89 –90): In each questions below, four words which are numbered (1), (2), (3) and (4) have been printed of which one may be wrongly spelt. The number of that word is answer. If all the four words are correctly spelt, mark (5) i.e. ‘All correct’ as the answer. 89. (1) Village (2) Pattrol (3) parole (4) Enough (5) All correct 90. (1) Appointment (2) Broad (3) Commisioner (4) Arrival (5) All correct Directions (91 – 95): Pick out the most effective word from the given words to make the sentence meaningfully complete. 91. I will _____________ them for saving me from the agonies of old age. (1) fire (2) beat (3) thank (4) admonish (5) shout 92. I have not done things which anyone else may feel are __________ recording. (1) useless (2) worth (3) good (4) historic (5) bad 93. I was handed ___________ to Bhai Hari Singh. (1) back (2) over (3) through (4) upon (5) again 94. I was handed _____________ with the names of notorious criminals. (1) constantly (2) convenient (3) familiar (4) obvious (5) ignorant 95. I do not know what ___________ my father choose that particular school. (1) happened (2) controlled (3) made (4) asked (5) thrilled Directions (96 –100): Read each sentence to find out whether there is any grammatical/idiomatic/spelling mistake/error in it. The error, if any, will be in one part of the sentence. Mark the number of that part with error as your answer. If there is no error , mark (5) 96. I have criticize (1)/ the remarkable book (2)/ because I benefited (3)/ from reading it. (4) No error (5) 97. As Arundhati Roy (1)/ in her foreword write (2)/ John offers (3)/ untold stories of people. (4) No error (5) 98. Citizens needed (1)/ to know that (2)/ our leader cannot (3)/ be trusted. (4) No error (5) 99. Responsibilities includes (1) wording with the editors (2)/ on all aspects (3)/ of the editorial process. (4) No error (5) 100. We build a simple model (1)/ to test whether (2)/ there is a phase change (3)/ in the Indian economy. (4)/ No error (5)


Quest IBS Answer Keys

Section – I (Reasoning Ability)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 1 2 2 3 5 1 4 1 2 5 3 3 3 5 3 4 5 4 5 5

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35

2 3 4 1 3 2 3 3 3 3 2 3 3 1 2

Section – II (Quantitative Aptitude)

36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 5 3 4 3 5 4 3 4 2 1 4 1 2 5 5 1 2 1 2 3

56 57 58 59 60 61 62 63 64 65 66 67 68 69 70

5 2 3 4 4 1 1 4 1 5 2 3 1 4 2

Section – III (English Language)

71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 4 4 4 4 5 3 1 3 3 4 2 3 4 4 2 3 3 3 2 3

91 92 93 94 95 96 97 98 99 100

3 2 2 3 3 1 1 2 1 5

Solution Reasoning

(1-5):-

1. (a) 2. (b) 3. (b) 4. (c) 5. (e) (6-10):- 6. (a) I. True II. False 7. (d) I. False II. False 8. (a) I. True II. False 9. (b) I. False II. True 10. (e) I. True II. True (11-15):- 11. (c) 12. (c) 13. (c) 14. (e) 15. (c) (16-20):- 16. (d)


Quest IBS

(17-18):-

17. (e) 18. (d) (19-20):-

19. (e) 20. (e) (21-25):-

21. (b) 22. (c) 23. (d) 24. (a) 25. (c) (26-30):- 26. (b) 27. (c) 28. (c) 29. (c) 30. (c) (31-35):-

31. (b) 32. (c) 33. (c) 34. (a) 35. (b)

Quant 36. 13.141 + 31.417 – 27.118 = 17.440 37. × 420− × 140 = 77 105 – 77 = 1.4x x = 20 38. 252.7 54.2 56.4 25 242.8 = 25x x = 9.71

39. ?√

= ×

? = ? = 5 × 10


Quest IBS ? = 50

40. 1 2 14 4 3 ?5 7 3

21 30 3 ?5 7 10

27 ?5

25 ?5

41. 36 18250 50 ? 10

100 100

800 = ? 42. 311 300 278 245 201 146 -11 -22 -33 -44 -55 -66 43. 17 22 32 47 67 92 +5 +10 +15 +20 +25 +30 44. 3 123 183 213 228 235.5 239.25 +120 +60 +30 +15 +7.5 +3.75 45. T : C 15 : 22

Speed of train 35 15 75

(22 15)

km/h

46.

47. 120 1205000100 100

= 7200 48. !

!

= 360

49. Interest of one year 1536

5

=307.2

Principal 307.2 100

12

= 2560 New principal = 2560 × 100 = 3560 Amount in 2 years = × × = 854.4 50. 3M = 9B 1M = 3B (5M + 2M) = 7M

80

122


Quest IBS = × = 9 days 51. 25% of Reena’s income = 75% of Anubhav’s income R’s = 3 A’s Reena’s income = 3 × 240000 = 720000 yearly

Monthly 720000 60000

12

52. 272% 4505

72 2 450

100 5

72 18 129.6

10

53. 1800 Ist year 72 2nd year 72 + 2.88 146.88 54. x (x+16) = 225 x2 + 16x – 225 x = - 25, 9 b = 9 l = 25 Ratios 15 : 9 5 : 3 55. 3x + 5x + 9x + x = 360 18x = 360 x = 20 = (20 + 100)

= × 120 80 152 56. 217 216 212 203 187 126 -1 -4 -9 -16 -25 -36 22 57. 11 16 29 37 46 56 +5 +6 +7 +8 +9 +10

58. 970 31014 43100 100

135.8 + 133.3 = 269.1 = 270

59. 25.8 235.9 3.96 ?100

= 245.44

60. 2 7 13 9 79 5 6

151

23


Quest IBS

29 52 6 4.69 5 43

61. 23 17.5 63.774 321.3 52.6 ? 102 + 64 – 6 = 460 62. 236.56 18.29 9.89 = 127 63. 50 : 35 10 : 7 64. Total student in 2007 = 110000 Total student 2005 = 40000 Difference = 110 – 40 = 70000 65. 30 + 10 + 40 = 80

66. 50 100205

= 24.39 = 25% 67. 50 : 30 : 30 5 : 3 : 3 68. 2x – 15y = 5 6x – 5y = -1 2x – 15y = 5 18x – 15y = -3

- + + 16x = 8

푥 = =

2 × − 15푦 = 5

푦 = 푥 > 푦 69. 39 39x y 70. x = 7, 5 y = 4,5


Quest IBS 1. Which of the following has become the first Open Defecation Free (ODF) tribe district of Rajasthan? a. Dungarpur b. Ajmer c. Churu d. Tonk 2. Who is leading the Indian delegation at the 8th Conference of Association of SAARC Speakers and Parliamentarians? a. ManekaGandhi b. SumitraMahajan c. SushmaSwaraj d. Arun Jaietly 3. The 2017 World Animal Day (WAD) is observed on which date? a. October 5 b. October 3 c. October 4 d. October 6 4. Who has been sworn-in as the new Governor of Meghalaya? a. BanwarilalPurohit b. PrakashKamat c. PavanDahat d. Ganga Prasad 5. Which high-level committee has been constituted by the Union government for proper management of water resources in the

NE region: a. Rajiv Kumar Committee b. Jagdish Mukhi Committee c. Ram Dass Committee d. B D Mishra Committee 6. What is the theme of 2017 World Teachers’ Day (WTD) : a. Valuing teachers, improving their status b. A call for teachers c. Teaching in Freedom, Empowering Teachers d. Value teachers & empower teaching 7. From where the Union Ministry of Tourism has started ‘Paryatan Parv’ to promote tourism across India: a. Delhi b. Pune c. Gandhi Nagar d. Kocchi 8. Pooja Kadian is associated with which sports: a. Table Tennis b. Boxing c. Wushu d. Badminton 9. The Chakrashila Wildlife Sanctuary (CWS) is located in which state : a. Odisha b. Assam c. Uttar Pradesh d. Chattisgarh 10. Bangladesh has signed how much amount of loan deal with India for its infrastructure and social sector development: a. 4.5 Billion $ b. 5.5 Billion $ c. 6.5 Billion $ d. 7.5 Billion $ 11. India’s first-ever Industrial Training Institute for the Divyangans will come up in which state : a. Mizoram b. Assam c. Uttar Pradesh d. Kerala 12. Purushottam Lal Kaushik, who passed away recently, was associated with which field : a. Politics b. Film Industry c. Journalism d. Photography 13. Who has been appointed as the new Prime Minister of Mongolia : a. Norovyn Altankhuyag b. Jargaltulga Erdenebat c. Khaltmaagiin Battulga d. Ukhnaa Khurelsukh 14. The European Investment Bank (EIB) has signed how much of loan pact with India for Bangalore Metro Rail Project Phase II: a. € 400 million b. € 500 million c. € 300 million d. € 200 million 15. Which city is hosting the first ever ASEAN-India Music Festival : a. Lucknow b. New Delhi c. Guwahati d. Chennai 16. The international exhibition ‘World Dental Show 2017’ has opened in which city: a. Mumbai b. Chennai c. New Delhi d. Kolkata 17. Which state government has launched a mass marriage scheme ‘Mukhyamantri Samoohik Vivaah Yojana’ for BPL families : a. Assam b. Madhya Pradesh c. Rajashthan d. Uttar Pradesh 18. Who has become the first person from India to win Anna Politkovskaya Award : a. Rajdev Ranjan b. Gauri Lankesh c. Tarun Kumar Aacharya d. M.V Sahanker 19. The Union government has set up a study group to examine the problems of people along IB, LOC in J&K. Who will head the

team : a. Rina Mitra b. Sunil Ajmera c. Ajit Doval d. Rajiv Kumar 20. The 2017 Nobel Peace Prize has been awarded to International Campaign to Abolish Nuclear Weapons (ICAN). Where is the

headquarters of ICAN: a. London b. New York c. Warsaw d. Geneva 21. Who has been appointed by the Supreme Court (SC) as amicus curiae on plea seeking re-probe of Mahatma Gandhi

assassination : a. J.S Khehar b. Arun Kumar Mishra c. Ranjan Gogoi d. Amrender Sharan 22. Which Indian sportsperson has clinched the World Open Under-16 Snooker Championship-2017 :

MODEL TEST PAPER BANKING/CURRENT AFFAIRS


Quest IBS a. Arantxa Sanchis b. Keerthana Pandian c. Anupama Ramachandran d. Anuja Thakur 23. Who has won the 2017 men singles title at the Bulgarian International Future Series Tennis tournament: a. RMV Gurusaidutt b. Muhammed Ali Kurt c. Ramkumar Ramanathan d. Sumit Nagal 24. Which Indian personality has been conferred the ‘Cross of the Order of Merit’, the highest civilian honour of Germany : a. Aditya Mangal b. Rajesh Nath c. Deepak Chauhan d. Milind Gupta 25. Samiya Imad Farooqui has clinched gold at women’s singles U-15 Asian Junior Championship (AJC). She hails from which

city : a. New Delhi b. Hyderabad c. Lucknow d. Jaipur 26. President Ram Nath Kovind has launched Mata Amritanandamayi Math Project ‘Jeevamritham’ from which state : a. Mizoram b. Kerala c. Andhra Pradesh d. Karnataka 27. Under ‘Ek Bharat, Shrestha Bhara’programme, which of the following states have signed MoU to boost cultural ties: a. Arunachal Pradesh, Kerala and Karnataka b. Madhya Pradesh, Andhra Pradesh and Meghalaya c. Andhra Pradesh, Madhya Pradesh and Uttar Pradesh d. Arunachal Pradesh, Uttar Pradesh and Meghalaya 28. Who has been chosen for the 2017 Vayalar Ramavarma Literacy award: a. Subhash Chandran b. U. K. Kumaran c. T D Ramakrishna d. K. R. Meera 29. Which state government has launched ‘Solar Briefcase’ to provide electricity in remote areas: a. Jharkhand b. Uttrakhand c. Uttar Pradesh d. Madhya Pradesh 30. What is the India’s rank in the world’s most valuable nation brands, according to Brand Finance’s Nation Brands 2017 report: a. 7th b. 10th c. 6th d. 8th 31. Which union minister has inaugurated the first ‘BIMSTEC Disaster Management Exercise- 2017’ (BIMSTEC DMEx-2017) : a. Nirmala Sitharaman b. Narendra Modi c. Harsh Vardhan d. Rajnath Singh 32. Which state has become the India’s first state to incorporate skill development programme in higher education : a. Himachal Pradesh b. Rajasthan c. Punjab d. Haryana 33. Who will head the US-India Business Council (USIBC) : a. S Jaishanker b. Nisha Biswal c. Richard Verma d. Nikhil Chopra 34. Which of the following has been named as the India’s best FMCG company in the food sector by the International Advertising

Association (IAA) : a. Patanjali Ayurved b. Nestle India c. Amul d. Dabur India 35. What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia Economic Focus (Fall 2017) report: a. 7.2% b. 7.0% c. 6.7% d. 6.5% 36. Who has been appointed as the new chairman of the Film and Television Institute of India (FTII) : a. Anupam Kher b. Ragini Sharma c. Jagdish Bhagwati d. Prasoon Joshi 37. What is the theme of the 2017 International Day of the Girl Child (IDGC) : a. Empowering Adolescent Girls: Ending the Cycle of Violence b. Girls’ Progress = Goals’ Progress: What Counts for Girls c. Empower Girls: Before, during and after crises d. The Power of Adolescent Girl: Vision for 2030 38. Who has been appointed the new Ambassador to Principality of Monaco: a. Sanjiv Singla b. Arun Kumar Singh c. Mohan Kumar d. V M Kwatra 39. Who has been bestowed with the 2017 Lal Bahadur Shastri National Award for Excellence in Public Administration,

Academics and Management : a. Meera Thakur b. Bindeshwar Pathak c. K C Gupta d. M N Ramakrishna 40. What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report: a. 7.0% b. 6.7 % c. 7.1% d. 6.5 %

Answer Key 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 a b c d a c a c b a b a d a b a d b a d

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 d c a d b b d c b d d b b c b a c d b b


Quest IBS LATEST GK TABLETS

1 Which is India’s first indigenously built Scorpene submarine delivered to the Indian Navy INS Kalvari 2 Which has become the world’s airline to launch double beds in business class Qatar Airlines 3 Who has been appointed as the new CMD of cotton corporation of India (CCI) P Alli Rani 4 Which union minister has launched a nation-wide ‘Pradhan Mantri LPG Panchayat Dharmendra Pradhan 5 The 2017 Bathukamma festival has started in which state Telangana 6 Who has become the first Indian to be picked as AIBA representative at IOC athletes forum Mary Kom

7 The joint military training exercise “panda-Kangaroo 2017” was held between Australia and which country

China

8 The asian development bank (ADB) has sanctioned how much amount of loan facility to carry forward fiscal reforms in West Bengal

$300 million

9 Who has been appointed as new Indian High Commissioner to Pakistan Ajay Bisaria

10 Which country to conduct the first BIMSTEC Disaster Management Exercise -2017 (BIMSTEC DMEx-2017)

India

11 Which bollywood personality has been appointed as the brand ambassador of Uttarakhand Swachh Bharat Mission (SBM)

Akshay Kumar

12 Who has been appointed as the new interim chairman of National Payments Corporation of India (NPCI)

B Sambamurthy

13 What is the theme of 2017 International Day of Peace Together for Peace: Respect, Safety and Dignity for All

14 Which city is hosting the 6th edition of International Textile and Apparel Fair “VASTRA-2017”

Jaipur

15 Which Indian film has been chosen as India’s official entry in the Best Foreign Language Film category at Oscars 2018

Newton

16 Dabur India has tied up with which e-commerce major for an online ayurveda marketplace Amazon

17 Which campaign will be launched by Central Government to promote development and cleanliness in rural areas

Gram Samridhi Evam Swachhta

18 The Humanitarian Assistance and Disaster Relief (HADR) exercise ‘Pralay Sahayam’ was held in which state

Telangana

19 Who is the newly appointed Comptroller and Auditor General (CAG) of India Rajiv Mahrishi

20 Which union minister has launched Sahaj Bijli Har Ghar Yojana ‘Saubhagya’ to supply electricity to poor households

Narendra Modi

21 Bajrang has won gold at the Asian Indoor and Martial Arts Games. He is associated with which sports

Wrestling

22 Which state is hosting the 57th National Open Athletics Championships 2017 Tamil Nadu 23 Which state government has declared 2017 as e-Pragati year Andhra Pradesh 24 Which country hosted the 7th ASEM Economic Ministers’ Meeting (ASEM EMM7) South Korea

25 The joint military exercise “DRUZBA 2017” has started between which of the following countries

Pakistan and Russia

26 The Asian Development Bank (ADB) has downgraded India’s GDP growth forecast for FY18 from 7.4% to ____

7


Quest IBS 27 Who is the author of the book “The Shershah of Kargil: Captain Vikram Batra” Deepak Surana

28 Who is the head of the newly constituted Prime Minister Economic Advisory Council (PMEAC)

Bibek Debroi

29 Which web portal has been launched by the Union Government for effective implementation of National Child Labour Project

PENCIL

30 Which union minister has launched an accessible and comprehensive mobile App “Divyang Sarathi” for Divyangs

Thawar Chand Gahlot

31 Which city will host the first-ever India Mobile Congress 2017 New Delhi

32 The Union Cabinet has approved signing and ratification of Bilateral Investment Treaty (BIT) between India and which country

Belarus

33 The Union Cabinet has approved signing of memorandum of understanding (MoU) between India with which country on Technical Cooperation on Police Training and Development

Afghanistan

34 What is the rank of India in 2017 Global Competitiveness Index 40th 35 Which port has recently renamed as Deendayal Port Kandala Port in Gujarat 36 The World Tourism Day (WTD) is being observed every year on which day 27th September

37 The Union government has set up special fund ‘DPIDF’ to boost dairy sector. What does “DPIDF” stands for

Dairy Processing and Infrastructure Development Fund

38 Who is the newly appointed CMD of Oil and Natural Gas Corporation (ONGC) Shashi Shanker

39 Which state government has launched ‘Vision-2025’ project to seek public opinion for their dream state

Karnataka

40 The Maharashtra government has signed pact with which country for infra projects South Korea

41 The Central Adoption Resource Authority (CARA) is an autonomous body under which union ministry

Ministry of Women and Child Development

42 Which state has won the ‘Best Tourism State’ National award-2017 Madhya Pradesh

43 What is the theme of 2017 World Maritime Day (WMD) Connecting Ships, Ports and People

44 What is the theme of the 13th Formation Day of the National Disaster Management Authority (NDMA)

School Safety

45 Hugh M Hefner, the founder of the iconic Playboy magazine passed away. He hailed from which country

United States

46 Which committee recommendations to deal with hate speech on internet T.K Vishwanathan 47 India with which country sign letter of Intent to bilateral extend health cooperation Norway

48 Which state will become first big state to use Electronic Voting Machine (EVMs) equipped with Voter Verifiable Paper Audit Trail (VVPAT) in coming Assembly elections to make election process more transparen

Gujarat

49 Which day is observed as World Maritime Day every year 28th September 50 NITI Aayog will host Global Entrepreneurship Summit (GES 2017) in which city Hyderabad 51 Which city to host the 14th India-EU Summit -2017 New Delhi

52 Which service will be launched by BSNL in partnership with Vihaan Networks Limited (VNL) to provide disaster management in India

Relief123

53 Which bank has launched ‘Project Nishchay’ to improve financial performance IDBI Bank 54 Who has become the first woman chief proctor of Banaras Hindu University (BHU) Royana Singh


Quest IBS 55

Which Indian entrepreneur has won the prestigious International Business Person of the Year award in London for innovative IT solutions

Birendra Sasmal

56 Who has been appointed as the new Governor of Bihar Satya Pal Malik 57 The United Nations’ (UN) International Day of Non-Violence is observed on which date October 2 58 The 2017 International Day of Older Persons is observed on which date October 1 59 Which union minister has launched nationwide Free Eye Check-up Campaign Nitin Gadkari

60 Who has won the Nobel Prize in Physiology or Medicine 2017 Jeffrey C. Hall, Michael Rosbash and Michael W. Young

61 Which state government has launched a state-wide campaign against child marriage and dowry on the occasion of Mahatma Gandhi’s birth anniversary

Bihar

62 The 8th Conference of Association of SAARC Speakers and Parliamentarians to be held in which country

Sri Lanka

63 President Ram Nath Kovind has appointed a Commission to examine the sub-categorisation of OBCs. Who will be chairperson of the commission

G Rohini

64 Which city is hosting the Global Wildlife Programme (GWP) conference-2017 New Delhi 65 Which committee has drafted the 3rd National Wildlife Action Plan (NWAP) for 2017-2031 JC Kala Committee

66 What is the theme of the 2017 United Nations (UN)’s World Habitat Day (WHD) Housing Policies: Affordable Homes

67 What is the present Repo Rate according to Reserve Bank of India 6.0 68 Who has been named as the new Governor of Bihar Satya Pal Malik 69 Which sanctuary has been set up in Allahabad recently Turtle Sanctuary

70 According to Ministry of Commerce & Industry, eight core sectors grew by how much percent in August 2017

4.9

71 Who have won the Nobel Prize in Chemistry 2017 Jacques Dubochet, Joachim Frank and Richard Henderson

72 For the first time, India and which neighboring state will conduct joint tiger census using a globally-recognised method

Nepal

73 Which union minister has launched SECURE Himalaya project in association with UNDP Dr. Harshvardhan

74 Who has become the first Indian to hold deputy director general post at World Health Organisation (WHO)

Soumya Swaminathan

75 Who has been appointed as the new chairman of the State Bank of India (SBI) Rajnish Kumar

76 Who have won the Nobel Prize in Physics 2017 Rainer Weiss, Kip Thorne and Barry Barish

77 Where is the headquarters of the Institute of Company Secretaries of India (ICSI) New Delhi 78 Who has won the Nobel Prize for Literature 2017 Kazuo Ishiguro

79 Which of the following has become the first Open Defecation Free (ODF) tribe district of Rajasthan

Dungarpur

80 The 2017 World Animal Day (WAD) is observed on which date October 4 81 Who has been sworn-in as the new Governor of Meghalaya Ganga Prasad 82 Which high-level committee has been constituted by the Union government for proper Rajiv Kumar Committee


Quest IBS management of water resources in the NE region

83 What is the theme of 2017 World Teachers’ Day (WTD) Teaching in Freedom, Empowering Teachers

84 From where the Union Ministry of Tourism has started ‘Paryatan Parv’ to promote tourism across India

Delhi

85 Bangladesh has signed how much amount of loan deal with India for its infrastructure and social sector development

4.5 Billion US Dollars

86 India’s first-ever Industrial Training Institute for the Divyangans will come up in which state Assam 87 Who has been sworn-in as the new Governor of Tamil Nadu Banwari lal Purohit

88 What is the theme of 2017 World Space Week (WSW) Exploring New Worlds In Space

89 The European Investment Bank (EIB) has signed how much of loan pact with India for Bangalore Metro Rail Project Phase II

€ 300 million

90 Which city is hosting the first ever ASEAN-India Music Festival New Delhi 91 Kundan Shah, who passed away recently, was the renowned personality of which field Film Industry

92 Which Indian sportsperson has clinched the World Open Under-16 Snooker Championship-2017

Anupama Ramachandaran

93 Who has won the Nobel Prize in Economic Sciences 2017 Richard H. Thaler

94 Which Indian personality has been conferred the ‘Cross of the Order of Merit’, the highest civilian honour of Germany

Rajesh Nath

95 President Ram Nath Kovind has launched Mata Amritanandamayi Math Project ‘Jeevamritham’ from which state

Kerala

96 Who has won the 2017 China Open Tennis tournament Rafael Nadal 97 Who has been chosen for the 2017 Vayalar Ramavarma Literacy award T.D. Ramakrishna 98 The Government launches which series of sovereign gold bond scheme 2017-18 Series III

99 What is the theme of the 2017 World Mental Health Day (WMHD) Mental Health in the workplace

100 Which company has been named as the India’s best FMCG company in the food sector by the International Advertising Association (IAA)

Amul

101 What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia Economic Focus (Fall 2017) report

7.0%

102 What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report

6.7 %

103 Who has been appointed as the new chairman of the Film and Television Institute of India (FTII)

Anupam Kher

104 What is the theme of the 2017 International Day of the Girl Child (IDGC) Empower Girls: Before, during and after crises

105 Who has been sworn-in as the new Governor of Assam Jagdish Mukhi 106 Which city is hosting the 48th Conference of Governors New Delhi 107 India to sign pact with which country for setting up flexible LNG market Japan

108 Who chaired the first meeting of the newly-constituted Economic Advisory Council to Prime Minister (EAC-PM)

Bibek Debroi

109 Who will head the 2nd National Judicial Pay Commission (NJPC) to look into pay hike issue P.V Reddy


Quest IBS of lower court judges

110 Which parliamentary committee on External Affairs has been formed to examine India-China relations

Shashi Tharoor Committee

111 Which state government has recently implemented the Senior Citizen Health Insurance Scheme (SCHIS)

Himachal Pradesh

112 Gurbax Singh Sandhu has been honoured with the 2017 National Awards for senior citizens. He is associated with which sports

Boxing

113 What is the rank of India in Global Hunger Index 2017 100th out of 119 Countries

114 Which city has hosted the first meeting of EAC-PM recently New Delhi

115 CCEA approves which schemes to boost Skill India Mission

SANKALP & STRIVE whereas STRIVE is Rs 2200 crore central sector scheme with half funding will be World bank loan assistance

116 India’s first STP under Hybrid Annuity Mode to come up in which cities of India Haridwar & Varanasi 117 International day of Girl Child is observed on which date every year 11th Oct 118 World Standards Day is observed on which day every year 14 October 119 The joint training exercise “Mitra Shakti 2017” has started between India and which country Sri Lanka 120 What is the India’s rank in the 2017 Global Hunger Index (GHI) 100th 121 Who has become the first Indian Brand Ambassador of Laureus Yuvraj Singh

122 Who has become the 1st cricketer from Bangladesh to be inducted in MCC World Cricket Committee

Shakib Al Hassan

123 Which city is hosting the 3rd edition of the India International Science Festival (IISF-2017) Chennai

124 What is the theme of 2017 International Day for Disaster Reduction (IDDR) (Home Safe Home: Reducing Exposure, Reducing Displacement)

125 Who will be the new Director-General (DG) of UNESCO Audrey Azoulay

126 How many World Heritage Inscriptions sites does India have after addition of the walled city of Ahmedabad?

36

127 Who headed the headed Task Force on Artificial Intelligence (AI) for India’s Economic Transformation by Commerce and Industry ministry?

Dr. V. Kamakoti

128 Rajaswa Gyan Sangam, 2017 was held in New Delhi 129 Who had headed the panel on National Mineral Policy to submit report by Oct-end? K Rajeswara Rao 130 China's first test-flight base for civilian drones is located in Shanghai

131 Who has become Asia’s richest person with net worth of $38.3 billion? Alibaba, Founder of Jack Ma

132 Gaurav Bidhuri belong to which of the following sports? Boxing

133 When was the Reserve Bank of India started to issue the Rs.200 notes from select RBI offices and some banks?

25th August 2017

134 Markets regulator Sebi barred Orion Capital as well as Orion Broking and their partners from the securities markets for

10 years


Quest IBS 135

Which company has signed on Kerala-based Dhanlaxmi Bank as its bancassurance partner announced on 24th of Aug 2017?

DHFL Pramerica Life Insurance

136 To implement which of the following schemes of Karnataka has amazon announced a partnership with the Akshaya Patra Foundation?

Ksheera Bhagya

137 Who among the following was appointed election commissioner after Nasim Zaidi retired as chief election commissioner in July 2017?

Sunil Arora

138 Who has been appointed as the chairman of the board of directors of Infosys ? Nandan Nilekani 139 Name of the minister who inaugurated first Videsh Bhavan in Mumbai. Sushma Swaraj 140 Which state government launches web portal to help with competitive tests Maharashtra

141 Which state Agriculture Department has signed with Microsoft to develop India’s first Farm Price Forecasting Model?

Karnataka

142 Where will 2018 Table Tennis Team World Cup going to be held? London

143 Where does Unique Identification Authority of India UIDAI launch door step Aadhar enrolment?

New Delhi

144 Whose name was named UEFA Player of the Season for 2016–2017? Cristiano Ronaldo

145 Which country launches world’s First Climate smart landscape management plan for snow leopard conservation?

Nepal

146 Who has written the book ‘I Do What I Do’? Raghuram Rajan

147 What is the name of International Military Music Festival take place in Moscow that Indian Navy Ban is going to Participate?

Spasskaya Tower

148 How many members in a Supreme Court bench ruled right to privacy as Fundamental Right? 9 members

149 Name of the entity that India has offered to host a joint urban earthquake search and rescue exercise.

Shanghai Cooperation Organisation

150 How many Stumpings did the Mahendra Singh Dhoni got and made a world Record? 100

151 In which place of India American Ship USS Pearl Harbor arrived as part of Defense cooperation?

Goa

152 Which award did the Hyderabad Airport Bagged recently? Energy Efficiency Award

153 Which country missile program led to urgent United Nations Security council (UNSC) Meeting?

North Korea

154 Name of the country which bans transgender recruits from military ? US

155 Under which act the Government initiate insolvency resolution process to recover bad loans by giving authorize to RBI?

Banking Regulation Act

156 How many e rickshaws did the Gurugram Metro stations yet to get? 1000 157 Which one of the following island is world’ least people visited country in 2016? Tuvalu 158 Whom to lay foundation stone for Link-4 of SAUNI Scheme in Rajkot? Shri Ram Nath Kovind

159 NPCI approves Spice Digital’s operation under which Payment System? Bharat Bill Payment System

160 How many radio bursts from Dwarf galaxy obtained in Breakthrough Mission Project? 15 161 Who becomes the first player to score 350 La Liga goals? Lionel Messi

162 Which Indian Basketball player has been signed by Australian basketball team for the first time?

Amritpal Singh

163 Cabinet approved the MoU with which country for the conservation of Earthquake-Damaged Pagodas at Bagan?

Myanmar


Quest IBS 164

Which Country have mutually agreed with India to jointly issue a set of two Commemorative Postage Stamps on the theme “Diwali“?

Canada

165 Who won Gold at Commonwealth Youth Weightlifting Championship? Konsam Ormila Devi

166 Under which Yojna Rajnath Singh has inaugurated the ‘YUVA’ – a skill development programme which is an initiative taken by Delhi Police ?

Pradhan Mantri Kaushal Vikas Yojana

167 How much compensation Delhi court will pay to Wrestler Satish Kumar for being wrongly restrained from taking part in the 2002 14th Asian Games?

25 Lacs

168 Which day is observed on September 5th recently? National Teachers Day

169 Who is appointed as New Sports Minister recently? Shri Rajyavardhan Singh Rathore

170 Which district of West Bengal’s Gobindobhog rice gets geographical indication status? Burdwan

171 Which bank new Chief Executive officer is KV Rama Moorthy? Tamilnadu Mercantile Bank

172 Which union ministry Launched Two New Contraceptives Antara and Chhaya? Ministry of Health and Family Affair

173 The official song of the FIFA Under-17 World Cup football tournament was formally launched recently. Who is the composer of the song?

Pritam

174 ‘Antara" the contraceptive pill launched by the government of India is effective for three months

175 The Cabinet Committee on Security (CCS) approved the first phase of recommendations of Which Committee for Army reforms.

Shekatkar Committee

176 The 12th edition of Nepal-India joint military exercise was called Surya Kiran

177 Who among the following Indian shooters won the silver medal in the double trap event of the International Shooting Sport Federation (ISSF) World Shotgun Championship?

Ankur Mittal

178 Who became the first Indian-born player to be picked up by an Australian NBL team? Amritpal Singh

179 Which Indian delegation was led 10th India-European Union Counter Terrorism Dialogue was held at New Delhi?

Shri Mahaveer Singhvi

180 Disha Microfin is now recognised as Fincare Small Finance Bank

181 Which electronic commerce entity has announced a partnership with the Akshaya Patra Foundation to implement the Karnataka government’s ‘Ksheera Bhagya’ Scheme in Bengaluru on 30th Aug 2017?

Amazon

182 Where did Harsimrat Kaur Badal launch Common Food Processing Incubation Center for Shallots ?

Perambalur, Tamilnadu

183 DIKSHA launched on National Teachers' Day 2017 is a Web Portal

184 Which country is the leading BRICS nation in innovation competitiveness according to the BRICS Innovative Competitive Report 2017?

China

185 How many years the SEBI bans Orion Capital, Orion Broking from securities markets? 10 years 186 Virat Kohli completed 15,000 international runs in how many matches? 304

187 Who has been given the additional charge of the chairperson of National Authority for Chemical Weapons Convention?

Dr. Inder Jit Singh

188 Which of the following company has been awarded “Best Make In India Wi-Fi Company” at “My India Wi-Fi India Summit & Awards 2017”?

DIGISOL

189 In which country UJALA has been scheme launched recently? Malaysia


Quest IBS 190

Who has now been appointed as the first Indian woman ambassador in ''Friends of Australia'' (FOA) advocacy panel by Tourism Australia?

Parineeti Chopra

191 A naval exercise named SLINEX 2017 is being held near Vishakhapatnam in Bay of Bengal. Which other country take part in the exercise along with India?

Sri Lanka

192 Who is India's Minister of State in the Ministry of Mines and Ministry of Coal? Haribhai Parthibhai 193 In which city Amazon’s Largest Fulfilment Center located? Hyderabad 194 Ankul Mittal Belongs to which sports? Shooting 195 Balasubramanian, head of corporate banking at HDFC Bank has quit to head Citibank 196 Who was declared as the co-patron of Archdiocese of Calcutta recently? Mother Teresa 197 Who was resigned as a MakeMyTrip co-founder and President recently? Ashish Kashyap

198 Who won the prestigious Associated Chambers of Commerce and Industry of India (ASSOCHAM) Services Excellence Award?

Gujarat International Finance-Tec City (GIFT City)

199 Which day is observed as International Literacy Day recently? September 8th

200 What is the theme of 2017 International Literacy Day (ILD)? Literacy in a Digital World

201 Which of the following countries refused to sign the Bali declaration over Rohingya issue? India

202 Which union minister has launched online registration portal for 2017 BSF Half Marathon in New Delhi?

Kiren Rijiju

203 Which bank to pay $225-mn New York fine for compliance failures’ recently? Pakistan’s Habib Bank 204 Which year India will host Commonwealth Weightlifting Championships? 2019

205 Which firm in India has announced eight weeks paid paternity leave policy for fathers? Johnson & Johnson India

206 The South Asian Women Development Forum would be organising ‘Across Barriers-International Business Women’s Summit in which city?

Kathmandu

207 India’s first Hyperloop project will come up in which state? Andhra Pradesh 208 Who is elected as Chairman of Press Trust of India recently? Shri Viveck Goenka 209 Who won Gold in Cadet World Wrestling Championship? Sonam

210 The Financial Resolution and Deposit Insurance Bill, 2017 has been referred to a Joint Parliamentary Committee of both the Houses, under the Chairpersonship of

Bhupender Yadav

211 In which category of PSU does the State-run Bharat Petroleum Corporation (BPCL) fall? Maharatna

212 The Norwegian Nobel Institute announced that the Nobel Peace Prize awarded to whom cannot be revoked?

Aung San Suu Kyi

213 Who among the following won Gold Medal at the World Cadet Wrestling Championship in Athens, Greece?

Sonam Malik

214 Researchers discovered a new species of edible freshwater fish in Pampa river in which state? Kerala

215 Who among the following was appointed interim chairman of the goods and services tax network (GSTN) after GSTN’s first chairman Navin Kumar completed his term?

A.B. Pandey

216 Who was named as the Chief Coach of the Indian Senior Men Hockey Team? Sjoerd Marijne

217 India in September 2017 slapped countervailing duty for period of 5 years on some steel products from this country to guard domestic players.

China

218 Which team is at the top position in the latest ICC Test rankings? India 219 In which district of Gujarat our President Mr. Ram Nath Kovind, laid the foundation for Rajkot


Quest IBS Link-4 pipeline canal of SAUNI Scheme?

220 When was South Africa invited to join by BRIC and expanded to include 5 countries with changed acronym of BRICS?

2010

221 Amritpal Singh becomes first Indian to sign up for which country’s National Basketball League?

Australia

222 Which country’s Vice President resigned amid allegations of credit-card graft? Uruguay 223 In which state of India GST council meet will be held? Hyderabad 224 Who has won the US Open women’s singles title? Sloane Stephens

225 Which two Indian naval ships had been departed for deployment to East and South-East Asia?

INS Satpura and INS Kadmatt

226 How many medals India bagged in total at Commonwealth Weightlifting Championship 2017?

37

227 The new HQs building of Bureau of Police Research and Development had been inaugurated by which cabinet minister?

Rajnath Singh

228 India won the 2nd SABA U-16 Championship by defeating which country ? Bangladesh 229 First national Canine Seminar organized by NSG at which state of India? Haryana 230 Recently, India successfully test fired which anti tank guided missile? Nag 231 FAME India has been extended upto how many months by Govt. of India? 6 months 232 Recently, Which country has suspended talks with Qatar? Saudi Arabia 233 Which council has undertaken research work on agriculture with World Bank Fund? ICAR 234 Who won the men’s singles title of US Open? Rafael Nadal 235 Which country topped the medal tally at the Moscow Shotgun World Championships? Italy

236 Which Indian Leader unveiled at Naval base in Kolkata recently? Netaji Subhas Chandra Bose

237 Which state would be providing skill development training to 30000 surrendered militants? Assam

238 Which organization was set to get Maharatna status? Bharat Petroleum Corporation Limited

239 Vice President laid the foundation stone or smart city project in which part of Jharkhand? Ranchi 240 With Which country India sign four pacts in areas of health and transport? Afghanistan

241 Who won the 2017 US Open Women’s Doubles title? Chan Yung-Jan and Martina Hingis

242 Which union Minister Flags off Women’s Circumnavigation Expedition recently? Smt Nirmala Sitharaman 243 North-East calling festival has inaugurated by MoS Jitendra Singh in which state? New Delhi 244 Name of the state in India leads in new tax registration under GST regime? West Bengal 245 Under what scheme Government of India has planned to enroll 80 lakh kids? School chalo Abhiyan 246 Who is awarded with badminton’s first lifetime award recently? Prakash Padukone

247 Who shared a picture of his space exploration startup SpaceX’s first full-body spacesuit in Instagram?

Elon Musk

248 What is the new age limit of National Pension Scheme Upper Age? 65 years 249 Himalayan Day is being observed on which date across Uttarakhand? 9 September 250 International Day for South-South Cooperation was observed globally on? 12 September

IBS€¦ · Repo Rate : 6.0% Reverse Repo Rate (RRR) : 5.75% CRR (Cash Reserve Ratio) : 4% SLR...

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Transcript of IBS€¦ · Repo Rate : 6.0% Reverse Repo Rate (RRR) : 5.75% CRR (Cash Reserve Ratio) : 4% SLR...