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- Question
Who is the head of the committee to review the Economic Capital Framework (ECF) for the RBI?
Options- A. Subhash Chandra Garg
- B. Hasmukh Adhia
- C. Rajiv Mehrishi
- D. Bimal Jalan
- Correct Answer
- Bimal Jalan
ExplanationThe six-member expert committee led by former RBI governor Bimal Jalan was appointed on December 26, 2018 to review the Economic Capital Framework (ECF) for the Reserve Bank of India (RBI). It is in news recently because the Jalan panel is likely to submit its report by June 2019. The panel is expected to spell out details regarding how the RBI should handle its reserves and whether it can transfer its surplus to the government. The report is also expected to detail the amount the central bank should transfer to the government. The terms of reference of the committee would be to review status, need and justification of various provisions, reserves and buffers presently provided for by the RBI. The committee will also review best practices followed by the central banks globally in making assessment and provisions for risks, to which central bank balance sheets are subjected. - 1. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.
Options- A. Poland
- B. Germany
- C. Serbia
- D. Australia Discuss
- 2. Government infused a capital of Rs. 205 crore with which bank recently?
Options- A. Indian Overseas Bank
- B. Punjab National Bank
- C. Bank of Baroda
- D. Bank of Maharashtra Discuss
- 3. The Union Cabinet approved four GST related bill recently. Identify which of the following is not one of them.
Options- A. The Central Goods and Services Tax Bill 2017
- B. The Integrated Goods and Services Tax Bill 2017
- C. The Union Territory Goods and Services Tax Bill 2017
- D. The States Goods and Services Tax Bill 2017 Discuss
- 4. Which of the following movies won the 89th Academy Awards for the Best Picture?
Options- A. La La Land
- B. Arrival
- C. Moonlight
- D. Lion Discuss
- 5. Which film has been chosen as Bangladesh's official entry for the Oscars 2019?
Options- A. Dhaka Attack
- B. Nabab
- C. Doob
- D. Detective Discuss
- 6. Where did India's first natural Ice Cafe located?
Options- A. Himchal Pradesh
- B. J&K
- C. Sikkim
- D. Arunachal Pradesh Discuss
- 7. ISRO Launches PSLV C-45 Carrying EMISAT with how many Nano satellite?
Options- A. 28
- B. 12
- C. 25
- D. 32 Discuss
- 8. The book "An Unsuitable Boy" is the autobiography of which Indian personality?
Options- A. Twinkle Khanna
- B. Rishi Kapoor
- C. Rahul Bose
- D. Karan Johar Discuss
- 9. The Union Government has launched RUSA portal to act as a one-stop for States' Higher Education Plans. What does 'RUSA' stands for?
Options- A. Rashtriya Uchchatar Shiksha Abhiyan
- B. Rashtriya Uttam Shiksha Abhiyan
- C. Rashtriya Unmukht Shiksha Abhiyan
- D. Rashtriya Unnatsheel Shiksha Abhiyan Discuss
- 10. The Ministry of Finance has started which series on Twitter to educate general public about the budgetary process?
Options- A. Know Budgetary Process
- B. Know Your Economy
- C. Know Your Budget
- D. Know Making of Budget Discuss
More questions
Correct Answer: Serbia
Correct Answer: Bank of Maharashtra
Explanation:
Government infused a capital of Rs. 205 crore into the state owned Bank of Maharashtra in lieu of preferential allotment of shares. After the Capital infusion, the shareholding of government in Bank of Maharashtra has increased to 87.74 % from 87.01%.
Correct Answer: The States Goods and Services Tax Bill 2017
Correct Answer: Moonlight
Correct Answer: Doob
Explanation:
Actor Irrfan Khan starrer 'Doob', titled 'No Bed Of Roses' in English, has been chosen as Bangladesh's official entry for the Oscars 2019. The India-Bangladesh co-production, written and directed by Mostofa Sarwar Farooki, 'Doob' will contest in the Best Foreign Language category at the 91st Academy (Oscar) Awards. The 91st Academy Awards will be held on February 24, 2019.
Correct Answer: J&K
Explanation:
India's first natural Ice Cafe has started at a height of 14,000 feet in Leh, Ladakh at J&K. The ice cafe is located on the Manali-Leh Highway. It is created by natural process by the Border Road Organisation (BRO) officials, with the help of some locals during winters. It is built in the shape of a mound with the purpose of saving water in winter and using it later for irrigation purposes when the ice melts in spring. The cafe utilises the same concept as used by Sonam Wangchuk for his ice stupa project in Ladakh and has been attracting a large number of tourists.
Correct Answer: 28
Explanation:
The Indian Space Research Organisation (ISRO) has launched a Defence Intelligence Satellite, EMISAT in its 47th Polar Satellite Launch Vehicle (PSLV) mission, along with 28 other customer satellites, onboard the advanced PSLV-C45 Rocket. The PSLV C45 was launched from ISRO's Satish Dhawan Space Centre in Sriharikota. It is the first time ISRO is launching satellites in three different orbits. Along with that, the PSLV-C45 launch vehicle is also the first PSLV rocket to use four strap-on motors.
Correct Answer: Karan Johar
Correct Answer: Rashtriya Uchchatar Shiksha Abhiyan
Correct Answer: Know Your Budget
Explanation:
The Union Ministry of Finance has started 'Know Your Budget' fortnight series on its Twitter handle to educate general public about the budgetary process. The series would explain the importance of Union Budget and its making, and would continue for about a fortnight. In the first series of tweets, the Ministry explained the terms - Union Budget and Vote on Account. These are as follows: The Budget is the most comprehensive report of the government's finances in which revenues from all sources and outlays for all activities are consolidated. The Budget also contains estimates of the government's accounts for the next fiscal year called Budget estimates. The Vote on Account is defined as a grant made in advance by Parliament for expenditure for a part of the next financial year.
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