05 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 05 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 05 Directions: Study the following questions carefully and answer the questions given below. 1. Finance Minister Piyush Goyal has recently announced that the government has accepted a report submitted by a committee of bankers led on bad loans resolution that had recommended a five-pronged strategy Project. A. Arundhati Bhattacharya B. K V Kamath C. S. Venkitaramanan D. Sunil Mehta E. None of these 2. Which of the following states/uts has recently launched 'Happiness Curriculum' for school students up to class 8? A. Haryana B. Chandigarh C. Maharashtra D. Delhi E. None of these 3. Who among the following has recently taken over the additional charge as chairman and managing director of steel PSU Steel Authority of India Limited (SAIL)? A. P K Pathak B. S M Ray C. Saraswati Prasad D. Deepak Roy E. None of these 4. Which of the following refineries in Assam has become the first oil public sector undertaking (PSU) to adopt an online legal compliance system by introducing 'Legatrix'? A. Mangalore Refinery and Petrochemicals Limited

3 B. Reliance Refineries Industries C. Jamnagar Refinery D. Numaligarh Refinery Ltd E. None of these 5. Who among the following has recently slammed 172 runs against Zimbabwe to register the highest-ever individual score in T20Is? A. Chris Gayle B. Aaron Finch C. Jos Buttler D. Sam Billings E. None of these 6. has recently announced its tie-up with Oxigen Services India Pvt. Ltd. to establish the distribution of its insurance products at Oxigen retail outlets. A. Life Insurance Corporation of India B. Aegon Life Insurance Company C. IndiaFirst Life Insurance Company Limited D. HDFC Standard Life Insurance E. None of these 7. Which of the following companies has recently got the approval of competition watchdog Competition Commission of India (CCI) for merging its operations with Indus Towers? A. Essar Group B. GTL Ltd C. American Tower Corporation D. Bharti Infratel E. None of these 8. Who among the following has recently won the Austrian Grand Prix 2018 title in Austria?

4 A. Kimi Raikkonen B. Max Verstappen C. Sebastian Vettel D. Lewis Hamilton E. None of these 9. Who among the following has recently taken over the reins of the Ordnance Factory Board as its new Director General and Chairman? A. Vimal Kasana B. Manoj Solanki C. Vikram Limaye D. Prabhakar Singh E. None of these 10. Who among the following has recently notified the "National Policy on Marine Fisheries, 2017", which will guide the development of marine fisheries sector for the next 10 years? A. Ananth Kumar B. Radha Mohan Singh C. Jagat Prakash Nadda D. Anant Geetev E. None of these

5 Correct Answers: D D C D B C D B E B Explanations: 1. Who: Finance minister Piyush Goyal What: said that government has accepted a report submitted by a committee of bankers led by Punjab National Bank chairman Sunil Mehta When: published on 3rd July 2018 State run banks will take lead in setting up an asset management company (AMC) for resolution of loans above Rs 500 crore. They will also set up alternate investment funds to raise money and back this asset management company. Finance minister Piyush Goyal on Monday said that government has accepted a report submitted by a committee of bankers led by Punjab National Bank chairman Sunil Mehta. Sunil Mehta committee on bad loans resolution has recommended a five-pronged strategy -- Project 'Sashakt' -- to deal with Non-performing Assets in the country's banking system, Piyush Goyal said. The five-pronged strategy includes -- SME resolution approach, bank-led resolution approach, AMC/AIF led resolution approach, NCLT/IBC approach, and asset-trading platform.

6 2. Who: Delhi government What: has launched 'Happiness Curriculum' for school students up to class 8 When: published on 2nd July 2018 The Delhi government has launched 'Happiness Curriculum' for school students, with the Dalai Lama gracing the occasion and saying that India can help the world overcome "negative emotions" of the mankind. The curriculum is for students up to class 8. The Dalai Lama said India's ability to combine modernity and ancient knowledge will pave way for physical and mental well-being and solving troubles caused due to negative and destructive emotions like anger, hatred and jealousy. The Dalai Lama called for revival of the ancient Indian knowledge in the country of its origin and its subsequent spread across the world including the countries following Buddhism Who: Saraswati Prasad What: has taken over the additional charge as chairman and managing director of steel PSU Steel Authority of India Limited (SAIL) When: published on 2nd July 2018 The Appointments Committee of the Cabinet (ACC) has given Saraswati Prasad, who is special secretary and financial adviser in the steel ministry, the additional charge of

7 Steel Authority of India Limited (SAIL) chairman and managing Director. The decision was taken on June 30, according to an official notification issued by the Secretariat of the ACC, seen by ET. This follows the superannuation of Prakash Kumar Singh as chairman of SAIL on June Who: Numaligarh Refinery Ltd What: has become the first oil public sector undertaking (PSU) to adopt an online legal compliance system by introducing 'Legatrix' When: published on 2nd July 2018 Numaligarh Refinery Ltd (NRL) in Assam has become the first oil public sector undertaking (PSU) to adopt an online legal compliance system by introducing 'Legatrix'. 'Legatrix' is a onestop solution for effectively managing the organisations legal and regulatory compliances through monitoring control at different levels Who: Aaron Finch

8 What: slammed 172 runs against Zimbabwe to register the highest-ever individual score in T20Is When; published on 3rd July 2018 Aaron Finch bettered his highest individual T20I score against Zimbabwe in the third T20 of the tri-series in Harare. When Finch departed, rather bizarrely by being hit wicket, he had become the highest run scorer in T20I. His knock of 172 runs from 76 balls with 16 fours and 10 sixes was laden with boundaries and records on the way. It was rather fitting that Finch bettered his own record of 156 runs with a six by mauling Chris Mpofu over extra cover Who: IndiaFirst Life Insurance Company Limited What: has announced its tie-up with Oxigen Services India Pvt. Ltd. to establish the distribution of its insurance products at Oxigen retail outlets When: published 3rd July 2018 IndiaFirst Life Insurance Company Limited, a joint venture between Bank of Baroda, Andhra Bank and Legal and General (UK), has announced its tie-up with Oxigen Services India Pvt. Ltd., to establish distribution of its insurance products at Oxigen retail outlets. R. M. Vishakha, MD and CEO, IndiaFirst Life Insurance, said, "IndiaFirst Life and Oxigen have together embarked on a journey to popularize insurance with long term savings for the micro segment. The micro segment is addressed by every other industry, be it FMCG or telecom. Oxigen, is one of the leading providers of money transfers and prepaid recharges as low as Rs. 10. We offer premiums from as low as

9 Rs. 500 with a commitment to add future premiums but no penalty for inability to do so." 7. Who: Bharti Infratel What: has got the approval of competition watchdog Competition Commission of India (CCI) for merging its operations with Indus Towers When: published on 2nd July 2018 The Bharti Infratel, a mobile infrastructure company, has got the the approval of competition watchdog Competition Commission of India (CCI) for merging its operations with Indus Towers. The proposed merger values Indus Towers at an enterprise valuation of 71,500 crore, and will create one of the largest mobile tower entities worldwide with 1.63 lakh towers in all 22 telecom circles. The combined company will own 100% of Indus Towers Who: Max Verstappen What: won the Austrian Grand Prix 2018 title in Austria

10 When: published on 1st July 2018 Max Verstappen has won the Austrian GP win as Sebastian Vettel reclaimed championship lead after Lewis Hamilton retirement. Vettel now leads Hamilton, who failed to finish for the first time since the 2016 Malaysian Grand Prix, by one point ahead of next week's British Grand Prix latest-updates/ 9. Who: P K Shrivastava What: took over the reins of the Ordnance Factory Board as its new director general and chairman When: published on 1st July 2018 P K Shrivastava took over the reins of the Ordnance Factory Board as its new director general and chairman. Shrivastava was earlier the additional director general of ordnance factories and member at OFB. He was also in-charge of OFB's Armoured Vehicles headquarters at Avadi in Chennai.

11 10. Who: Radha Mohan Singh What: has notified the "National Policy on Marine Fisheries, 2017", which will guide the development of marine fisheries sector for the next 10 years When: published on 2nd July 2018 The Ministry of Agriculture and Farmers Welfare has notified the "National Policy on Marine Fisheries, 2017", which will guide the development of marine fisheries sector for the next 10 years. Union Agriculture and Farmers Welfare Minister, Shri Radha Mohan Singh said this at the inter-session meeting of the consultative committee of the Ministry of Agriculture and Farmers Welfare on Marine Fisheries-Mariculture in India in Rameswaram, Tamil Nadu. The meeting was organized by the Ministry of Agriculture and Farmers Welfare to discuss and deliberate various issues related to "Marine Fisheries - Mariculture in India".

12 Top 10 News of the Day : 5 th July Union Agriculture Minister chairs inter-session meeting of consultative committee on Marine Fisheries-Mariculture in India at Rameswaram in Tamil Nadu. (5 th July 2018 Current Affairs File) The Ministry of Agriculture and Farmers Welfare has notified the "National Policy on Marine Fisheries, 2017", which will guide the development of marine fisheries sector for the next 10 years. Union Agriculture and Farmers Welfare Minister, Shri Radha Mohan Singh said this at the inter-session meeting of the consultative committee of the Ministry of Agriculture and Farmers Welfare on Marine Fisheries- Mariculture in India in Rameswaram, Tamil Nadu. The meeting was organized by the Ministry of Agriculture and Farmers Welfare to discuss and deliberate various issues related to "Marine Fisheries - Mariculture in India". 2. P K Shrivastava took over the reins of the Ordnance Factory Board as its new director general and chairman. (Latest Current Affairs Questions 5 th July 2018) P K Shrivastava took over the reins of the Ordnance Factory Board as its new director general and chairman. Shrivastava was earlier the additional director general of ordnance factories and member at OFB. He was also in-charge of OFB's Armoured Vehicles headquarters at Avadi in Chennai. 3. Max Verstappen won the Austrian Grand Prix 2018 title in Austria. (Most Important Current Affairs Questions 5 th July 2018) Max Verstappen has won the Austrian GP win as Sebastian Vettel reclaimed championship lead after Lewis Hamilton retirement.

13 Vettel now leads Hamilton, who failed to finish for the first time since the 2016 Malaysian Grand Prix, by one point ahead of next week's British Grand Prix. 4. Bharti Infratel has got the approval of competition watchdog Competition Commission of India (CCI) for merging its operations with Indus Towers. (Current Affairs Questions 5 th July 2018) The Bharti Infratel, a mobile infrastructure company, has got the the approval of competition watchdog Competition Commission of India (CCI) for merging its operations with Indus Towers. The proposed merger values Indus Towers at an enterprise valuation of 71,500 crore, and will create one of the largest mobile tower entities worldwide with 1.63 lakh towers in all 22 telecom circles. The combined company will own 100% of Indus Towers. 5. IndiaFirst Life Insurance Company Limited has announced its tie-up with Oxigen Services India Pvt. Ltd. to establish the distribution of its insurance products at Oxigen retail outlets. (Top Current Affairs Questions 5 th July 2018) IndiaFirst Life Insurance Company Limited, a joint venture between Bank of Baroda, Andhra Bank and Legal and General (UK), has announced its tie-up with Oxigen Services India Pvt. Ltd., to establish distribution of its insurance products at Oxigen retail outlets. R. M. Vishakha, MD and CEO, IndiaFirst Life Insurance, said, "IndiaFirst Life and Oxigen have together embarked on a journey to popularize insurance with long term savings for the micro segment. The micro segment is addressed by every other industry, be it FMCG or telecom. Oxigen, is one of the leading providers of money transfers and prepaid recharges as low as Rs. 10. We offer premiums from as low as Rs. 500 with a commitment to add future premiums but no penalty for inability to do so." 6. Aaron Finch slammed 172 runs against Zimbabwe to register the highest-ever individual score in T20Is.

14 (Top 20 Current Affairs Questions 5 th July 2018) Australia captain Aaron Finch broke his own record for the highest Twenty20 international score by hitting 172 from 76 balls against Zimbabwe in Harare. Finch beat the previous highest, which was his 156 against England in He just failed to beat Chris Gayle's record score of 175 for all T20 cricket when he was out hit wicket with two balls of Australia's innings left. 7. Numaligarh Refinery Ltd has become the first oil public sector undertaking (PSU) to adopt an online legal compliance system by introducing 'Legatrix'. (Objective Current Affairs Questions 5 th July 2018) Numaligarh Refinery Ltd (NRL) in Assam has become the first oil public sector undertaking (PSU) to adopt an online legal compliance system by introducing 'Legatrix'. 'Legatrix' is a onestop solution for effectively managing the organisations legal and regulatory compliances through monitoring control at different levels. 8. Saraswati Prasad has taken over the additional charge as chairman and managing director of steel PSU Steel Authority of India Limited (SAIL). (Today s Current Affairs Questions 5 th July 2018) The Appointments Committee of the Cabinet (ACC) has given Saraswati Prasad, who is special secretary and financial adviser in the steel ministry, the additional charge of Steel Authority of India Limited (SAIL) chairman and managing Director. The decision was taken on June 30, according to an official notification issued by the Secretariat of the ACC, seen by ET. This follows the superannuation of Prakash Kumar Singh as chairman of SAIL on June Delhi government has launched 'Happiness Curriculum' for school students up to class 8. (Current Affairs Questions in Short 5 th July 2018)

15 The Delhi government has launched 'Happiness Curriculum' for school students, with the Dalai Lama gracing the occasion and saying that India can help the world overcome "negative emotions" of the mankind. The curriculum is for students up to class 8. The Dalai Lama said India's ability to combine modernity and ancient knowledge will pave way for physical and mental well-being and solving troubles caused due to negative and destructive emotions like anger, hatred and jealousy. The Dalai Lama called for revival of the ancient Indian knowledge in the country of its origin and its subsequent spread across the world including the countries following Buddhism. 10. Finance minister Piyush Goyal said that government has accepted a report submitted by a committee of bankers led by Punjab National Bank chairman Sunil Mehta. (Today s Current Affairs Quiz 5 th July 2018) State run banks will take lead in setting up an asset management company (AMC) for resolution of loans above Rs 500 crore. They will also set up alternate investment funds to raise money and back this asset management company. Finance minister Piyush Goyal on Monday said that government has accepted a report submitted by a committee of bankers led by Punjab National Bank chairman Sunil Mehta. Sunil Mehta committee on bad loans resolution has recommended a five-pronged strategy -- Project 'Sashakt' -- to deal with Non-performing Assets in the country's banking system, Piyush Goyal said. The five-pronged strategy includes -- SME resolution approach, bank-led resolution approach, AMC/AIF led resolution approach, NCLT/IBC approach, and asset-trading platform.

July 03, the commerce and industry ministry today. This is the lowest growth rate since July 2017 when

July 03, the commerce and industry ministry today. This is the lowest growth rate since July 2017 when July 03, 2018 Core sector growth dips to 10-month low of 3.6% in May Growth of eight infrastructure industries dropped to a 10-month low of 3.6 percent in May due to a decline in production of crude oil