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- Question
RBI grants 12 years to LIC for reducing stake in which bank?
Options- A. Union Bank of India
- B. IDBI Bank
- C. Canara Bank
- D. Kotak Mahindra Bank
- Correct Answer
- IDBI Bank
ExplanationLife Insurance Corporation(LIC), the largest insurance company in India, got 12 years from RBI for cut down stake in IDBI Bank.LIC is the lender's major shareholder, and it has a 51 per cent stake in the Bank. It means that no obligation to sell its stake in the following years or would probably spend higher money to keep its stake in any future fund raising by the bank. Insurance Regulatory and Development Authority (IRDAI) claimed that LIC can take up to 15 percent stake in any bank,which can stretch up to 30 percent as per the board approval.But the insurance regulator has authorised LIC to hold up to 51 percent in IDBI Bank in 2018. After 12 years LIC has to decrease stake in IDBI Bank by 10 per cent to 40 per cent. - 1. By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?
Options- A. 12.24%
- B. 12.54%
- C. 13.24%
- D. 13.54% Discuss
- 2. EV charging stations to be established in which Indian city?
Options- A. Bengaluru
- B. Kolkata
- C. Chennai
- D. Hyderabad Discuss
- 3. Union government launched the Blue Revolution programme at a total expenditure of what amount?
Options- A. Rs 48000 lakh
- B. Rs 52000 lakh
- C. Rs 55000 lakh
- D. Rs 62000 lakh Discuss
- 4. Union Minister for Urban development and housing M. Venkaiah Naidu launched which of the following app with MSEFC portal?
Options- A. MyMSME
- B. MKisan
- C. MEAIndia
- D. mKavach Discuss
- 5. Who has been appointed as the Member of the Commonwealth Secretariat Arbitral Tribunal of London?
Options- A. Anantkumar Surendraray Dave
- B. K. G. Balakrishnan
- C. K. S. Radhakrishna Panicker
- D. S. J. Mukhopadhaya Discuss
- 6. The Union government has launched a new comprehensive scheme to boost the development of which sector?
Options- A. Handloom
- B. Powerloom
- C. Tourism
- D. Education Discuss
- 7. Carme Chacon, who passed away recently, was the Defence Minister of which European country?
Options- A. France
- B. Germany
- C. Italy
- D. Spain Discuss
- 8. Name the director who was the first African American and the youngest-ever film-maker nominated in Oscar Awards, passed away recently.
Options- A. Denise LaSalle
- B. Frankie Muse Freeman
- C. John Singleton
- D. Edwin Hawkins Discuss
- 9. Name of the musician who won the special lifetime achievement award from the Music Academy?
Options- A. Lalgudi G Jayaraman
- B. Kamala Lakshminarayanan
- C. Hariprasad Chaurasia
- D. Vikku Vinayakram Discuss
- 10. IMF Cuts India's GDP Growth Forecast is __________.
Options- A. 7.3%
- B. 7.4%
- C. 7.2%
- D. 7.5% Discuss
More questions
Correct Answer: 13.24%
Explanation:
According to Reserve Bank of India data, the bank credit grew by 13.24 percent in financial year 2019 (FY19) to Rs 97.67 lakh crore as compared to 10.3 percent in FY18 and the deposits up by 10.03 percent in FY19 to Rs 125.72 lakh crore as compare to 6.7 percent in FY18. Additional Information According to the data available till February 2019, the credit growth in service sector was 23.7 percent and in retail sector it was 16.7 percent. Overall credit growth in the industry sector was 5.6%.
Correct Answer: Bengaluru
Explanation:
In order to reduce the burden for the electric vehicle users who hunt for charging stations in the city Electric Vehicles charging Stations has been planned to be established in Bengaluru, Karnataka. The 112 EV charging stations that have been proposed to provide the infrastructure needed to encourage the use of EVs will be readied by August-end.
Correct Answer: Rs 52000 lakh
Correct Answer: MyMSME
Explanation:
Union Minister for Urban development and housing M. Venkaiah Naidu launched Micro and small Enterprises Facilitation Council(MSEFC) Portal and My MSME app. It was launched as a part of digital India initiative from the perspective of the MSME sector in the country. The grievances field will be communicated through the email and sms instantly.
Correct Answer: K. S. Radhakrishna Panicker
Explanation:
Justice (Retired) KS Radhakrishnan, a former Supreme Court judge, was on May 8, 2019 appointed as the Member of the Commonwealth Secretariat Arbitral Tribunal of London. He will serve a 4-year term from June 1, 2019 to May 31, 2023 as a Member of the Tribunal. The Commonwealth Secretariat Arbitral Tribunal resolves disputes of the Commonwealth organisations, international or intergovernmental.
Correct Answer: Powerloom
Correct Answer: Spain
Correct Answer: John Singleton
Explanation:
Boyz n the Hood director John Singleton, who was the first African American and the youngest-ever film-maker to be nominated for the best director Oscar, passed away at the age of 51 after suffering from hypertension. He was born on 6th January 1968 in Los Angeles, California, U.S.In 1991, he released the Boyz n the Hood film which reflected his own background growing up in South Central Los Angeles.
Correct Answer: Vikku Vinayakram
Explanation:
Ghatam maestro Vikku Vinayakram has recently won the special lifetime achievement award from the Music Academy in Chennai, Tamil Nadu. Vinayakram is one of the best-known faces of percussion from South India. He plays Carnatic music with the ghatam (an earthen pot), and is credited with popularising the ghatam. This award does not fall under the institution's annual recognitions and honours. It is conferred once in a while to artistes of outstanding calibre who the Music Academy feels deserve an independent recognition.
Correct Answer: 7.3%
Explanation:
The International Monetary Fund (IMF) cut its economic growth forecasts for India by 20 basis points (bps) each from its January predictions to 7.3% for FY20 and 7.5% for the next fiscal. Citing persistent risks from the trade war, it lowered 2019 global growth forecast by 20 basis points to 3.3%, the weakest since 2009 when the subprime crisis had flared up.
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