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Question 1

In October, government will bring out initial public offer to sell its shares in _____.

Solution:
Answer : Option C
  • Government will sell its shares in Mazagon Dock Shipbuilders Ltd, which is India’s biggest warship builder.
  • Government will bring out initial public offer for this purpose in October.
  • Mazagon Dock is a public sector undertaking located in Mazagon, Mumbai.

Hence, (c) is the correct answer.


Question 2

Russian Direct Investment Fund (RDIF) has reached agreement for cooperation on clinical trials and distribution of Sputnik V vaccine in India with which of the following?

Solution:
Answer : Option B
  • Russia’s sovereign wealth fund, RDIF and Dr Reddy’s Laboratories have reached agreement for cooperation on clinical trials and distribution of Sputnik V vaccine in India.
  • As per the agreement, RDIF will provide 100 million doses of vaccines to Dr Reddy’s Laboratories after regulatory approval in India.

Hence, (b) is the correct answer.


Question 3

When did the government launch PRAAPTI (Payment Ratification and Analysis in Power procurement for bringing Transparency in Invoicing of generators) portal?

Solution:
Answer : Option C
  • Conventional generators all over India has Rs 1,065 billion due in July 2019 as per the report by JMK Research & Analytics, which is a firm providing advisory services in area of renewable energy.
  • The report quotes Power Ministry’s PRAAPTI (Payment Ratification and Analysis in Power procurement for bringing Transparency in Invoicing of generators) portal launched in May 2018.

Hence, (c) is the correct answer.


Question 4

Which of the following countries has entered into partnership with Apple for LumiHealth initiative?

Solution:
Answer : Option A
  • Singapore government and Apple have entered into partnership for two year-long LumiHealth initiative.
  • The initiative will track and reward user behavior through Apple Watch gadget and an iPhone app.  

Hence, (a) is the correct answer.


Question 5

NPAs as a percentage of total loans have also increased from 3.42 % in 2017-18 to ________.

Solution:
Answer : Option B
  • As per Finance Ministry data, disbursal of Mudra loans by PSBs has increased from 2.12 lakh crore in 2017-18 to Rs 3.82 lakh crore in 2019-20.
  • The NPAs as a percentage of total loans have also increased from 3.42 % in 2017-18 to 4.92 % in 2019-20.
  • Loans disbursed by banks and microfinance institutions for non-corporate small borrowers and income-generating activities in the non-farm segment are termed as Mudra loans.

Hence, (b) is the correct answer.


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