27072020 Quiz + Key

1.Which RBI report  reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, and the resilience of the financial system? 

1. Financial Stability report 

2. RBI Bulletin

3. Monetary Policy Report

4. Report on Foreign Exchanges 

2. How frequently is FSR(Financial Stability report) released by RBI?

1. Quarterly

2. Monthly

3. Half Yearly

4. Annually

FSR - RBI, July 2020

Gross Non -performing assets (GNPA) ratio of all scheduled commercial banks (SCBs) may increase from 8.5 per cent in March 2020 to 12.5 per cent by March 2021 under the baseline scenario.

Capital to risk-weighted assets ratio (CRAR) of Scheduled Commercial Banks (SCBs) edged down to 14.8% in March 2020 from 15.0% in September 2019

3.  Who has announced the launch of a new credit protocol infrastructure called OCEN built by Indian Software Product Industry RoundTable (iSpirit) at Global Fintech Festival, 2020? 

1. NR Narayana Murthy

2. Nandan Nilekani

3. Narendra Modi

4. Shaktikanta Das

4. What is the  full form OCEN ?

1. Open Credit Enhancement Network 

2. Open Credit Enablement Network

3. Outstanding Credit Enablement Network

4. Open Credit Exchange Network

OCEN is a common network protocol for lenders, data sources and consumer marketplaces to interact in real time to underwrite loans using financial data of borrowers (with their consent), such as GST invoices &other cashflow related data for MSMEs.

5. Which country has rejected Beijing’s territorial and maritime claims in the South China Sea in a formal declaration to the UN ?

1. USA

2. UK

3. India

4. Australia

6. The NCLAT upheld  the  takeover plan for Dighi Port in favor of which company? 

1. Dredging Corporation

2. Gujarat Pipavav

3. Adani Ports & Special Economic Zone

4. Cochin Shipyard

NCLAT - National Company Law Appellate Tribunal

is the Appellate Tribunal for hearing appeals against the orders of National Company Law Tribunal (NCLT).

It is also responsible for hearing appeals against the orders passed by NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC), with effect from December 1, 2016

7. Which country has agreed to remove barriers to trade for free trade agreement (FTA), and establish an Enhanced Trade Partnership with India at the 14th  Joint Economic and Trade Committee (JETCO) meeting held virtually ?

1. UK

2. USA

3. Australia

4. China

Between UK Secretary of State for International Trade, Liz Truss, & Indian Minister of Commerce and Industry, Piyush Goyal

 Government to Government negotiations, which address issues of market liberalization and market access, are conducted through the JETCO process

The UK India Business Council (UKIBC)plays a key role in feeding the views of the UK business community in the JETCO 

8. Which football player is set to become the youngest recipient of an honorary doctorate from The University of Manchester, for his campaign against child poverty, and his sporting achievements ?

1. David Beckham

2. Wayne Rooney

3. Marcus Rashford

4. Paul Pogba

Rashford successfully campaigned with UK government to reverse its decision to not extend free school meal vouchers throughout the summer holidays for children from low-income families

9. Which product grown in Kashmir has received the geographical indication (GI) tag by the Government of India ?

1. Apple

2. Almond

3. apricot

4. saffron

 Lieutenant Governor of J&K Union Territory ~ Girish Chandra Murmu 

 Lieutenant Governor of Ladakh UT ~Radha Krishna Mathur (also 1st LG of the Ladakh)

10. Who is the author of “Getting Competitive: A Practitioner's Guide for India”?

1. Jagdish Khattar

2. Rahul Bajaj

3. R C Bhargava

4. Anand Mahindra 

Ravindra Chandra Bhargava~ former C.E.O and current chairman of Maruti Suzuki

11. NCDRC is a quasi-judicial commission in India which was set up in 1988 under the Consumer Protection Act, 1986. What is its full form?

1. National Consumer Disputes Redressal Commission

2. National Customer Disputes Redressal Commission

3. National Consumer Disputes Referral Commission

4. National Consumer Disputes Relief Committee