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- Question
Which of the following Acts has specially been launched to facilitate banks in recovery of bad loans?
Options- A. RBI Act
- B. Banking Act
- C. Companies Act
- D. Income Tax Act
- Correct Answer
-
ExplanationThe Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) empowers Banks / Financial Institutions to recover their non-performing assets without the intervention of the Court.
- 1. Under which of the following denomination Kisan Vikas Patra is not available?
Options- A. 5000
- B. 500000
- C. 10000
- D. 1000 Discuss
- 2. Who is the head of the cabinet-level committee concerning the merger of public sector banks?
Options- A. Arun Jaitley
- B. Urjit Patel
- C. Rajnath Singh
- D. Narendra Modi Discuss
- 3. The Union Ministry of Human Resource Development has released the ?All India Survey on Higher Education (AISHE) Report 2016-17. Which of the following state has topped in terms of Gross Enrolment Ratio in Higher Education?
Options- A. Tamil Nadu
- B. Kerala
- C. Rajasthan
- D. Maharashtra Discuss
- 4. In the 42nd Constitutional Amendment 1976, which word was added to the Preamble?
Options- A. Democratic
- B. Equality
- C. Secular
- D. Socialist Discuss
- 5. In which way the President can assign any of the functions of the Union Government to the State Government ?
Options- A. In his discretion
- B. In consultation with the Chief Justice of India
- C. In consultation with the Government of the State
- D. In consultation with the State Governor Discuss
- 6. Which of the following was published by Gandhji during his stay in South Africa?
Options- A. Young India
- B. Indian Opinion
- C. Nav Jivan
- D. None of these Discuss
- 7. In India, which of the following body is Constitutional in nature?
Options- A. NITI Aayog
- B. National Human Rights Commission
- C. Central Vigilance Commission
- D. Finance Commission Discuss
- 8. On 10 April 2017, Lok Sabha passed the Motor Vehicles (Amendment) Bill, 2016. The Bill seeks to amend ______
Options- A. Motor Vehicles Act, 1988
- B. Motor Vehicles Act, 1998
- C. Motor Vehicles Act, 2005
- D. Motor Vehicles Act, 2010 Discuss
- 9. Who is the Chief Minister of Punjab as of 1st March 2018?
Options- A. Navjot Singh Sidhu
- B. Captain Amarinder Singh
- C. Parkash Singh Badal
- D. Naveen Mahindra Discuss
- 10. The General Anti-Avoidance Rule introduced in the 2012-13 budget speech by the then Finance Minister Pranab Mukherjee was finally implemented on ..............
Options- A. 1 April 2016
- B. 1 April 2015
- C. 1 April 2017
- D. 1 April 2018 Discuss
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Correct Answer:
Explanation:
Kisan Vikas Patra is a saving certificate scheme which was first launched in 1988 by India Post. KVP certificates are available in the denominations of Rs 1000, Rs 5000, Rs 10000 and Rs 50000. The minimum amount that can be invested is Rs 1000. However, there is no upper limit on the purchase of KVPs
Correct Answer: Arun Jaitley
Explanation:
With reforms in the public sector banking space, the government has constituted a ministerial panel headed by Finance Minister Arun Jaitley that will oversee merger proposals of state-owned banks. The other members of the panel include Railway and Coal Minister Piyush Goyal and Defence Minister Nirmala Sitharaman.
Correct Answer: Tamil Nadu
Explanation:
The Union Ministry of Human Resource Development has released the ?All India Survey on Higher Education (AISHE) Report 2016-17. Tamil Nadu has topped in terms of Gross Enrolment Ratio in Higher Education.Note: Tamil Nadu recorded 46.9% GER. GER is the ratio of enrolment in higher education to population in the eligible age group (18-23 years).
Correct Answer: Secular
Correct Answer: In consultation with the Government of the State
Correct Answer: Indian Opinion
Correct Answer: Finance Commission
Correct Answer: Motor Vehicles Act, 1988
Correct Answer: Captain Amarinder Singh
Correct Answer: 1 April 2017
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