19 th July, 2018 Current Affairs Questions for Bank (IBPS Clerk, IBPS PO, RBI Grade-B, SBI Clerk & SBI PO) and Railways Exams

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2 19 th July, 2018 Current Affairs Questions for Bank (IBPS Clerk, IBPS PO, RBI Grade-B, SBI Clerk & SBI PO) and Railways Exams June GA Quiz 19 Directions: Study the following questions carefully and answer the questions given below. 1. Which of the following countries has recently unveiled the 64-dish MeerKAT radio telescope which is the world s largest telescope? A. China B. USA C. South Africa D. Australia E. None of these 2. Militaries of India and Pakistan will be part of a mega anti-terror drill named Peace Mission in August The drill is going to be held in which country? A. Pakistan B. India C. USA D. Russia E. None of these 3. Which of the following banks is to organize nation wise Kisan Mela as an outreach programme for farmers? A. Bank of Baroda B. State Bank of India C. HDFC Bank D. Punjab National Bank E. None of these 4. State Bank of India and have recently joined hands with which organization to provide collateral-free credit through Joint Liability Groups in Telangana? A. NITI Aoyog B. PNB C. NABARD D. SIDBI E. None of these 5. According to IMF, which of the following countries is to remain fastest growing economy in 2019? A. India B. USA C. China D. Japan E. None of these

3 6. According to Organisation for Economic Cooperation and Development (OECD), India is to grow at in 2018? A. 7.5% B. 7.4% C. 7.6% D. 7.8%1 E. None of these 7. The board of LIC has recently approved acquisition of 51 percent stake in which of the following banks? A. UCO Bank B. Corporation Bank C. IDBI Bank D. Indian Overseas Bank E. None of these 8. Indian Farmers Fertiliser Cooperative Limited (IFFCO) launched which of the following applications to serve and connect the farmers digitally? A. idigitalmandi B. idigital C. ifarmer D. imandi E. None of these 9. Who among the following was recently named India s Chef de Mission at Asian Games 2018? A. Stephen Constantine B. Arjun Halappa C. Brij Bushan Saran Singh D. Harendra Singh E. None of these 10. Who among the following was recently appointed as interim coach of Indian women s cricket team? A. Ravi Shashtri B. Ramesh Powar C. Rahul Dravid D. Tushar Arothe E. None of these

4 Correct Answers: C D B C A B C D C B Explanations: 1. Who: South Africa What: unveiled the 64-dish MeerKAT radio telescope which is the world s largest telescope When: published on 13th July 2018 The world s newest and most powerful radio telescope will allow astronomers explore exploding stars, black holes and traces of the origins of the universe with never before seen detail. On July 13, officials in South Africa unveiled the 64-dish MeerKAT super radio telescope, the first phase of what could be the largest telescope in the world. The telescope will be located in the Karoo region, a remote and arid area in the southern part of South Africa. The telescope will be integrated into the multi-nation Square Kilometre Array (SKA), a set of telescopes that when fully operational will be 50 times more powerful than any other telescope across the globe Who: Russia

5 What: is going to host a mega anti-terror drill named Peace Mission in August 2018 When: published on 15th July 2018 Militaries of India and Pakistan will be part of a mega anti-terror drill in Russia in August which is being organised by the Shanghai Cooperation Organisation (SCO) with an aim to expand cooperation among the member countries to deal with terrorism and extremism. Around 200 Army and Air Force personnel from India will be participating in the exercise scheduled from August at Chelyabinsk city in west-central Russia, official sources said. The exercise will be joined by all SCO member countries including Russia, China, Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan Who: State Bank of India What: is to organize nation wise Kisan Mela as an outreach programme for farmers When: published on 16th July 2018 Country's largest lender State Bank of India (SBI) will organise a nation-wide Kisan Mela on Wednesday as an outreach programme for farmers and to impart financial literacy. SBI said it expects to cover 10 lakh farmers through nearly 14,000 rural and semiurban branches across the country in this Kisan Mela, to be held on July 18.

6 Kisan Mela is a one-of-its-kind initiative by SBI to connect with farmer customers, resolve their grievances and educate them about their rights and various banks initiatives, SBI said in a statement. 4. Who: SBI and NABARD What: have joined hands with which organization to provide collateral-free credit through Joint Liability Groups in Telangana When: published on 11th July 2018 The State Bank of India (SBI) and the National Bank for Agriculture and Rural Development (NABARD) has joined hands for an initiative to provide collateral free credit to certain categories of farmers in Telangana. The credit is to be channelised through Joint Liability Groups (JLGs) of the farmers that non-governmental organisations will help establish Who: India What: is to remain fastest growing economy in 2019 When: published on 19th July 2018

7 India will continue to be the fastest growing major economy, ahead of China, with a growth rate of 7.3 per cent in and 7.6 per cent in , Asian Development Bank (ADB) said recently. The growth in India will be driven by increased public spending, higher capacity utilisation rate and uptick in private investment, said its supplement to the Asian Development Outlook (ADO). While retaining India's growth rate projection for the current and the next fiscal year, Asian Development Bank said economic growth in China will decelerate to 6.6 per cent in 2018 and further to 6.4 per cent in China's growth rate was 6.9 per cent in Who: India What: is expected to record 7.4% growth rate in , according to a latest update by the Organization for Economic Co Operation and Development (OECD) When: published on 15th July 2018 The Indian economy is expected to record 7.4% growth rate in , according to a latest update by the Organization for Economic Co Operation and Development (OECD). In its update to the Economic Outlook for South-East Asia, China and India, the OECD Development Centre sees Indian economy clocking 7.5% GDP growth in This growth projection for falls within the 7-7.5% range estimated by the Economic Survey released by the Indian Government in January.

8 says-oecd _1.html 7. Who: the LIC board What: gave approval to the insurance behemoth for acquiring of up to 51 per cent stake in IDBI Bank When: published on 16th July 2018 The LIC board has given approval to the insurance behemoth for acquiring of up to 51 per cent stake in IDBI Bank, Economic Affairs Secretary S C Garg said. Now the state-owned Life Insurance Corporation of India (LIC) will approach markets regulator Sebi. Insurance regulator Irdai has already given its approval to the insurer for the stake purchase. Garg said the board, which met here, approved LIC buying up to 51 per cent stake in IDBI Bank. LIC stake buy will help the debt-ridden state-owned bank get a capital support of Rs 10,000-13,000 crore Who: Indian Farmers Fertiliser Cooperative Limited (IFFCO) What: has taken another step to serve and connect the farmers digitally by launching a social e-commerce app and web portal, "IFFCO imandi" When: published on 16th July 2018

9 Indian Farmers Fertiliser Cooperative Limited (IFFCO), a large-scale fertiliser cooperative federation has taken another step to serve and connect the farmers digitally by launching a social e-commerce app and web portal, "IFFCO imandi". This is in line with the vision for a "Digital India" by Prime Minister Narendra Modi. Going forward, all e-commerce and digital initiatives of IFFCO shall be available on the IFFCO imandi platform. imandi is a strategic investment by IFFCO ebazar Ltd, which is 100 percent subsidiary of IFFCO with imandi Pte Ltd, a Singapore based technology company. The objective of this initiative is to bring the benefits of digital technologies to every farmer, and bring the digital revolution to rural India, a statement read. 9. Who: Brij Bushan Saran Singh What: was named India s Chef de Mission at Asian Games 2018 When: published on 18th July 2018 Wrestling Federation of India (WFI) president Brij Bhushan Sharan Singh was officially appointed as the Chef de Mission (CDM) of the Indian contingent for the upcoming 18th Asian Games to be held in twin cities of Jakarta and Palembang from August 19 to September

10 10. Who: Ramesh Powar What: was appointed as interim coach of Indian women s cricket team When: published on 16th July 2018 A few days after he narrowly lost out on becoming the Mumbai coach, former India off-spinner Ramesh Powar bagged a prestigious assignment as the BCCI asked him to look after the Indian women's team till they find a replacement for previous coach Tushar Arothe, after the latter quit in acrimonious circumstances. Arothe, a former Baroda cricketer, resigned after almost an year in charge of the Indian women's team. Recently, the BCCI invited candidates to apply for the vacant position. As per the ad on the BCCI website, the coach has to be below 55 years of age and the last date of submission for application is July 20. The Indian women's team will have a fitness camp from July 25 to August 3 in Bangalore, and Powar has been asked to oversee the camp.

11 Top 10 News of the Day : 19 th July, South Africa has unveiled the 64-dish MeerKAT radio telescope which is the world s largest telescope. (Today s Current Affairs Question 19 th July 2018) The world s newest and most powerful radio telescope will allow astronomers explore exploding stars, black holes and traces of the origins of the universe with never before seen detail. On July 13, officials in South Africa unveiled the 64-dish MeerKAT super radio telescope, the first phase of what could be the largest telescope in the world. The telescope will be located in the Karoo region, a remote and arid area in the southern part of South Africa. The telescope will be integrated into the multi-nation Square Kilometre Array (SKA), a set of telescopes that when fully operational will be 50 times more powerful than any other telescope across the globe. 2. Russia is going to host a mega anti-terror drill named Peace Mission in August (Today Current Affairs Questions Pdf 19 th July 2018) Militaries of India and Pakistan will be part of a mega anti-terror drill in Russia in August which is being organised by the Shanghai Cooperation Organisation (SCO) with an aim to expand cooperation among the member countries to deal with terrorism and extremism. Around 200 Army and Air Force personnel from India will be participating in the exercise scheduled from August at Chelyabinsk city in west-central Russia, official sources said. The exercise will be joined by all SCO member countries including Russia, China, Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan. 3. State Bank of India is to organize nation wise Kisan Mela as an outreach programme for farmers.

12 (19 th July 2018 Current Affairs Questions) Country's largest lender State Bank of India (SBI) will organise a nation-wide Kisan Mela on Wednesday as an outreach programme for farmers and to impart financial literacy. SBI said it expects to cover 10 lakh farmers through nearly 14,000 rural and semiurban branches across the country in this Kisan Mela, to be held on July 18. Kisan Mela is a one-of-its-kind initiative by SBI to connect with farmer customers, resolve their grievances and educate them about their rights and various banks initiatives, SBI said in a statement. 4. SBI and NABARD have joined hands with which organization to provide collateral-free credit through Joint Liability Groups in Telangana. (Top Current Affairs Questions 19 th July 2018) The State Bank of India (SBI) and the National Bank for Agriculture and Rural Development (NABARD) have joined hands for an initiative to provide collateral free credit to certain categories of farmers in Telangana. The credit is to be channelised through Joint Liability Groups (JLGs) of the farmers that non-governmental organisations will help establish. 5. India is to remain fastest growing economy in (Latest Current Affairs Questions 19 th July 2018) India will continue to be the fastest growing major economy, ahead of China, with a growth rate of 7.3 per cent in and 7.6 per cent in , Asian Development Bank (ADB) said recently. The growth in India will be driven by increased public spending, higher capacity utilisation rate and uptick in private investment, said its supplement to the Asian Development Outlook (ADO). While retaining India's growth rate projection for the current and the next fiscal year, Asian Development Bank said economic growth in China will decelerate to 6.6 per

13 cent in 2018 and further to 6.4 per cent in China's growth rate was 6.9 per cent in India is expected to record 7.4% growth rate in , according to a latest update by the Organization for Economic Co Operation and Development (OECD). (Top Current Affairs MCQs 19 th July 2018) The Indian economy is expected to record 7.4% growth rate in , according to a latest update by the Organization for Economic Co Operation and Development (OECD). In its update to the Economic Outlook for South-East Asia, China and India, the OECD Development Centre sees Indian economy clocking 7.5% GDP growth in This growth projection for falls within the 7-7.5% range estimated by the Economic Survey released by the Indian Government in January. 7. LIC board gave approval to the insurance behemoth for acquiring of up to 51 per cent stake in IDBI Bank. (Top 10 Current Affairs Quiz 19 th July 2018) The LIC board has given approval to the insurance behemoth for acquiring of up to 51 per cent stake in IDBI Bank, Economic Affairs Secretary S C Garg said. Now the state-owned Life Insurance Corporation of India (LIC) will approach markets regulator Sebi. Insurance regulator Irdai has already given its approval to the insurer for the stake purchase. Garg said the board, which met here, approved LIC buying up to 51 per cent stake in IDBI Bank. LIC stake buy will help the debt-ridden state-owned bank get a capital support of Rs 10,000-13,000 crore. 8. Indian Farmers Fertiliser Cooperative Limited (IFFCO) has taken another step to serve and connect the farmers digitally by launching a social e-commerce app and web portal, "IFFCO imandi". (Current Affairs in Short 19 th July 2018)

14 Indian Farmers Fertiliser Cooperative Limited (IFFCO), a large-scale fertiliser cooperative federation has taken another step to serve and connect the farmers digitally by launching a social e-commerce app and web portal, "IFFCO imandi". This is in line with the vision for a "Digital India" by Prime Minister Narendra Modi. Going forward, all e-commerce and digital initiatives of IFFCO shall be available on the IFFCO imandi platform. imandi is a strategic investment by IFFCO ebazar Ltd, which is 100 percent subsidiary of IFFCO with imandi Pte Ltd, a Singapore based technology company. The objective of this initiative is to bring the benefits of digital technologies to every farmer, and bring the digital revolution to rural India, a statement read. 9. Brij Bushan Saran Singh was named India s Chef de Mission at Asian Games (Objective Current Affairs Questions 19 th July 2018) Wrestling Federation of India (WFI) president Brij Bhushan Sharan Singh was officially appointed as the Chef de Mission (CDM) of the Indian contingent for the upcoming 18th Asian Games to be held in twin cities of Jakarta and Palembang from August 19 to September Ramesh Powar was appointed as interim coach of Indian women s cricket team. (Most Important Current Affairs Quiz 19 th July 2018) A few days after he narrowly lost out on becoming the Mumbai coach, former India off-spinner Ramesh Powar bagged a prestigious assignment as the BCCI asked him to look after the Indian women's team till they find a replacement for previous coach Tushar Arothe, after the latter quit in acrimonious circumstances. Arothe, a former Baroda cricketer, resigned after almost an year in charge of the Indian women's team. Recently, the BCCI invited candidates to apply for the vacant position. As per the ad on the BCCI website, the coach has to be below 55 years of age and the last date of submission for application is July 20. The Indian women's

15 team will have a fitness camp from July 25 to August 3 in Bangalore, and Powar has been asked to oversee the camp.

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