*Please enter your details in the Enquiry form

  Name :

  Mobile :

  Email :


  • Age Calculator

    Your Date of Birth
    Age as on
    Your Age

    Weekly Bits 13-1-14
    (click on plus symbol to view explanation)

    Who among the following is the new Chief Executive of the Indian Banks' Association? Ans : (3)
    1. Prateep Chaudhury 2. Sumitra Chaterjee 3. MV Tanksale 4. HR Bhargava 5. None

    Explanation: M.V. Tanksale, former Chairman and Managing Director of Central Bank of India, has taken over as Chief Executive of the Indian Banks' Association. Tanksale succeeds K. Ramakrishnan, who was at the helm of the Association for five years up to November 30, 2013

    India's PV Sindhu won Macau Open Grand Prix by defeating Michelle Li, Li belongs to which country? Ans : (5)
    1. North Korea 2. China 3. Malaysia 4. Spain 5. Canada

    Explanation: P.V. Sindhu won Macau Open Grand Prix defeating Canada's Michelle Li in the summit clash, in Macau on 1st December. Sindhu walked away richer by $9,000 from the event which offered a total prize money of $120,000. This was India's first singles medal at the World Championships since Prakash Padukone won a bronze in the 1983 edition

    Which of the following country has won ICC qualifier tournament? Ans : (3)
    1. UAE 2. Bangladesh 3. Ireland 4. Kenya 5. Afghanistan

    Explanation: Ireland won the ICC World Twenty20 qualifier title for the third time in four appearances with a 68-run victory over Afghanistan in the final on 30th November. The defending champions posted an impressive 225 in their innings with former captain Trent Johnston the star, smashing a career-best 62 off just 32 balls, with four sixes and five fours.

    Which of the following state has emerged as most attractive destination in attracting investments in 2013? Ans : (1)
    1. Odisha 2. Maharashtra 3. Tamilnadu 4. Karnataka 5. Goa

    Explanation: Odisha has become India's most attractive State for investment in 2013. The State accounts for over one-fifth of project proposals across the country in the first 10 months of the year, which were cumulatively valued at Rs 4.7 lakh crore, according to Department of Industrial Policy and Promotion (DIPP) data.

    CAD refers to.....? Ans : (2)
    1. Central Account Data 2. Current Account Deficit 3. Current Account Development 4. Current Audit Data 5. None

    Explanation: A current account deficit is when a country's government, businesses and individuals imports more goods, services and capital than it exports. RBI on 2nd December released the current account deficit (CAD) figures for the July-September quarter a month ahead of the usual December-end schedule. The data showed a huge drop in the CAD numbers.

    On 2nd December, Government cleared 12 foreign investments, the approximate value of these investments? Ans : (4)
    1. Rs 521 crore 2. Rs 621 crore 3. Rs 721 crore 4. Rs 821 crore 5. Rs 921 crore

    Explanation: The government has cleared 12 foreign investment proposals, including that of Swedish fashion major Hennes & Mauritz, totalling Rs. 821.63 crore.

    Who among the following has been appointed as the non-executive chairman of Federal Bank? Ans : (4)
    1. Pranav Sena 2. Vamshi Kaushik 3. Aditya 4. Abraham Koshy 5. None

    Explanation: The Reserve Bank of India has appointed Abraham Koshy as non-executive chairman of Federal Bank. He has been serving as Professor of Marketing at IIM-Ahmedabad since 1989.

    The rank of India among the world's highly corrupt nations? Ans : (5)
    1. 90 2. 91 3. 92 4. 93 5. 95

    Explanation: India was ranked among the world's highly corrupt nations at the 94th spot in a global list topped by Denmark and New Zealand as the cleanest, while Somalia emerged as the most corrupt. While India's rank has remained unchanged from the last year, it has emerged as more corrupt than three of its BRICS peers -- China (80th), South Africa and Brazil (both ranked 72nd) -- but better than Russia (127th) in this annual list of 177 countries compiled by Transparency International. The list was released on 3rd December

    The Government, aimed to garner...... amount in 2013-14, from minority stake sale in PSUs? Ans : (3)
    1. Rs 20,000 crore 2. Rs 30,000 crore 3. Rs 40,000 crore 4. Rs 50,000 crore
    5. Rs 60,000 crore

    Explanation: The action of an organization or government selling or liquidating an asset or subsidiary is known as Disinvestment, also known as "divestiture. Prime Minister Manmohan Singh has asked Ministries concerned to push for various options to meet revenue targets, which include more disinvestment in public sector undertakings such as Bharat Heavy Electricals Ltd. (BHEL) and Coal India Ltd (CIL) on 3rd December. The Centre planned to garner Rs.40,000 crore in 2013-14 from minority stake sale in PSUs, so far it has managed only Rs.1,325 crore from sale in six PSUs.

    On which of the following cellular company DoT slapped Rs 600 crore penalty? Ans : (1)
    1.Idea Cellular 2. Airtel 3. BSNL 4. Reliance 5. Docomo

    Explanation: The Department of Telecom (DoT) has slapped a penalty of Rs 600 crore on Idea Cellular for alleged violation of licence conditions in its merger deal with Spice Communications, the company said on Tuesday. Idea said it will take "necessary steps to challenge the DoT" action at an appropriate forum

    Expand ECB? Ans : (2)
    1. Encuburence Commercial Budget 2. External Commercial Borrowings 3. Emphasis of Commercial Borrowings 4. External Cost Budget 5.None

    Explanation: To strengthen the flow of resources to the infrastructure sector, the Reserve Bank of India has permitted holding companies / core investment companies to raise resources via the external commercial borrowing (ECB) route. The ECB should be for project use in special purpose vehicles (SPVs), subject to terms and conditions

    Prithvi is a........ Missile? Ans : (5)
    1. Surface to Air 2. Air to surface 3. Air to Air 4. Surface to Water 5. Surface to Surface

    Explanation: Prithvi is a tactical surface-to-surface short-range ballistic missile (SRBM) developed by DRDO of India under the Integrated Guided Missile Development Program. The Strategic Forces Command (SFC) of the Army successfully test-fired on 3rd December the surface-to-surface Prithvi-II missile from the Integrated Test Range near Balasore, Odisha. The missile, which can travel 250 km-350 km, can carry a nuclear warhead weighing 350 kg. The SFC of the Services is in charge of the delivery systems, equipped with nuclear warheads.

    Who among the following has won ICC people's choice award for 2013? Ans : (4)
    1. Virat Kohli 2. Hashim Amla 3. Catherine Campbell 4. Mahendra Singh Dhoni 5. Graeme Pollock

    Explanation: India captain and wicketkeeper M.S. Dhoni has won the ICC's LG People's Choice Award for 2013. Dhoni is the second Indian to win this special category award after Sachin Tendulkar. Around two lakh fans voted to determine the winner on 3rd December.

    Who among the following is set to become the Chairman of Rashtriya Ispat Nigam (RLNL)? Ans : (2)
    1. S. Seshagiri 2. P. Mashusudan 3. Y. Ramakrishnudu 4. H.R. Singhvi 5. None

    Explanation: Rashtriya Ispat Nigam's current Finance Director P. Madhusudan is set to become the state-run steel maker's Chairman and Managing Director from January 1, 2014. Chief Vigilance Commission (CVC) granted Mr. Madhusudan the clearance earlier this week, nearly six months after the Public Enterprises Selection Board (PESB) had recommended his name for the top post in Rashtriya Ispat Nigam (RINL) in June this year.

    Which of the following Indian University has ranked in the country, according to Times Higher Education? Ans : (3)
    1. Delhi Central University 2. Jawaharlal Nehru University 3. Panjab University 4. Kurukshetra University 5. Nalanda University

    Explanation: Panjab University has overtaken the Indian Institutes of Technology (IITs) and Jawaharlal Nehru University (JNU) to become the highest-ranked educational institution of the country in the first-ever ranking of universities in BRICS and emerging economies

    Nabil Fahmy, has met Indian External Affairs Minister Salman Khurshid on 4th December, Nabil is the Foreign Minister of which country? Ans : (4)
    1. Iraq 2. Maldives 3. Brunei 4. Iran 5. Afghanistan

    Explanation: Egypt's Foreign Minister Nabil Fahmy in his first visit to Asia, had broad ranging discussions with his Indian counterpart Salman Khurshid in New Delhi on 4th December. The two sides agreed to take forward issues of cooperation during the upcoming visit by Secretary East in the Ministry of External Affairs to Egypt before this month-end.

    According to Bank associations, which of the following company is the top defaulter for banks? Ans : (2)
    1. Sahara Group 2. King Fisher Airlines 3. Satyam Software company 4. Sarada Finance 5. None

    Explanation: Kingfisher Airlines tops a list of 50 top loan defaulters drawn up by public sector banks. The list, released by the All-India Bank Employees Association, says Vijay Mallya's now-defunct airline owed Rs 2,673 crore to public sector banks. The list was released by the trade union ahead of its December 5 'All-India Demands Day' against what it calls the corporate loot of public money and to press for stringent measures to recover bad loans from corporate borrowers

    In which country, UN New green climate fund opened its head quareters? Ans : (1)
    1. South Korea 2. Canada 3. Kenya 4. North Korea 5. Vietnam

    Explanation: The UN's new Green Climate Fund (GCF)opened its headquarters in South Korea on 4th December, facing the key challenge of funding its mission to support low carbon projects around the world. The GCF was essentially created as a mechanism for transferring funds from developed to developing nations to help them counter the effects of climate change.

    Which of the following nation's ritual singing got Unesco cultural heritage identity? Ans : (4)
    1. Kerala 2. Odisha 3. Karnataka 4. Manipur 5. Gujarat

    Explanation: Manipur's famous tradition of ritual singing, drumming and dancing and Bangladesh's traditional art of Jamdani weaving, that is also famous in India, are set to be declared intangible cultural heritage of humanity. According to Unesco, intangible cultural heritage includes oral traditions, performing arts, social practices, rituals and festivals, knowledge and practices concerning nature

    How many member countries are there in UNESCO? Ans : (5)
    1. 192 2. 193 3. 194 4. 195 5. 196

    Explanation: The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations (UN). UNESCO has 196 member States (it recently added Palestine in November 2011) and nine Associate Members. UNESCO pursue its objectives through five major programs: education, natural sciences, social and human sciences, culture, and communication and information

    Which of the following Constitutional article related to formation of new state in India? Ans : (3)
    1. Article 21 2. Article 15 3. Article 3 4. Article 15 5. None

    Explanation: The Union Cabinet on 5th December approved a bill for the creation of a Telangana state with 10 districts, paving the way for the bifurcation of Andhra Pradesh to give birth to the country's 29th state. The Cabinet has broadly approved most of the recommendations made by the Group of Ministers constituted to consider the contentious issues. Under Article 3, Centre creates a new state in India

    Steel Authority of India has been established on 24th January.....? Ans : (4)
    1. 1971 2. 1972 3. 1973 4. 1974 5. 1975

    Explanation: Steel Authority of India Limited (SAIL) is one of the largest state-owned steel-making company based in New Delhi, India and one of the top steel makers in World. Binod Kumar has taken over as Director, Commercial, of Steel Authority of India Ltd (SAIL). He was earlier SAIL's Executive Director, Marketing

    Recently the WTO meetings were held in Bali, Bali is located in which country? Ans : (2)
    1. Malaysia 2. Indonesia 3. Thailand 4. Brazil 5. None

    Explanation: Ministers from 159 countries have reached a deal intended to boost global trade at a meeting in Bali, Indonesia.The World Trade Organization's first comprehensive agreement involves an effort to simplify the procedures for doing business across borders. There will also be improved duty-free access for goods sold by the world's poorest countries.

    Which of the following is the first indigenously designed and developed fighter air craft in India? Ans : (3)
    1. Vikranth 2. Prithvi 3. Tejas 4. Manas 5. None

    Explanation: Tejas is first indigenously designed and developed fighter aircraft. This was successfully fired off the coast of Goa in the Arabian Sea on 7th December. The HAL Tejas is a multirole light fighter developed by India. It is a tailless, compound delta-wing design powered by a single engine. It came from the Light Combat Aircraft (LCA) programme, which began in the 1980s to replace India's ageing MiG-21 fighters. Later, the LCA was officially named "Tejas", meaning "Radiance" by then Prime Minister Atal Bihari Vajpayee

    In which city 29th National Junior Athletics championships was held in November/December 2013? Ans : (2)
    1. Chennai 2. Bangalore 3. Kolkata 4. Ahmedabad 5. Bidar

    Explanation: Kerala asserted its overall supremacy in the 29th junior National athletics championships that concluded in Bangalore on 7th December. Kerala accumulated 585 points to take the overall championship for the 17th time