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    Weekly Bits 24-2-14
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    Archana Bhargava was retired recently, before retirement she was the Chairman and Managing Director of which of the following bank?Ans : (5)
    1. Bank of Maharashtra 2. Punjab National Bank 3. Canara Bank 4. Union Bank of India 5. United Bank of India

    Explanation: Archana Bhargava, the Chairman and Managing Director (CMD) of the Kolkata-based United Bank of India (UBI) resigned on 21 February 2014. Union Finance Ministry accepted the application for a voluntary retirement of Archana Bhargava. Her term was to end in February 2015. Ms. Archana S. Bhargava joined as CMD of United Bank of India on 24 April 2013. Prior to this, Ms. Bhargava served as a General Manager of Punjab National Bank, which she joined in 1977

    International Mother Language day is observed on?Ans : (4)
    1. 18th February 2. 19th February 3. 20th February 4. 21st February
    5. 22nd February

    Explanation: International Mother Language Day (Bhasha Divas) was observed across the world, with Bangladesh leading on 21 February 2014. This day is observed with an aim to promote awareness of linguistic, multilingualism and cultural diversity. International Mother Language Day was announced by UNESCO on 17 November 1999 and was formally recognised by the United Nations General Assembly in its resolution establishing 2008 as the International Year of Languages.

    Which of the following language was declared as classical language recently? Ans : (3)
    1. Kannada 2. Telugu 3. Odiya 4. Malayalam 5. Sanskrit

    Explanation: Union Cabinet on 20 February 2014 gave its nod for classifying Odia, the official language of Odisha as a classical language to give impetus to scholarships in the language. Odia is the first language from the Indo-Aryan linguistic group to be billed in the list of classical language.

    The Rank of PV Sindhu, in the Badminton World Federation, women's singles?Ans : (1)
    1. 9th 2. 10th 3. 11th 4. 12th 5. 13th

    Explanation: P V Sindhu was ranked ninth in the Badminton World Federation (BWF) women's singles ranking on 20 February 2014. Sindhu moved to ninth with 55752 points from the eleventh just one place behind the Sania Nehwal (rank 7th). Sindhu, reached the finals of Syed Modi International before winning the All India Open Senior Ranking in Kochi. Sindhu is just 3928 points behind the Olympic bronze medalist, Saina Nehwal.

    Hamad bin Isa Al Khalifa, visited India recently, he is the king of which of the following country? Ans : (2)
    1. Dubai 2. Bahrain 3. Saudi Arabia 4. Brunai 5.none

    Explanation: India and Bahrain on 19 February 2014 signed three agreements in New Delhi during the state visit of Hamad bin Isa Al Khalifa, King of Kingdom of Bahrain to India. The two sides signed the agreements with a decision to expand their cooperation in key areas that includes trade and business.

    Which of the following state has won National Tourism Award for the 2012-13?Ans : (5)
    1. Karnataka 2. Andhra Pradesh 3. Kerala 4. Manipur 5. sikkim

    Explanation: Union Ministry of Tourism declared Sikkim as the best State in the implementation of rural tourism projects. The Ministry described, Sikkim as a perfect destination to experience rich culture and scenic natural beauty.

    In which of the following places India's first breeding centre to be created? Ans : (4)
    1. Gandhi Nagar 2. Nagpur 3. Bangalore 4. Bhopal 5. Visakhapatnam

    Explanation: Central Zoo Authority on 18 February 2014 selected the Indira Gandhi Zoological Park (IGZP) of Vizag for creation of a conservation breeding centre for the endangered wild dog – Dhole. This will be the first zoo in India to have a breeding centre for Dholes and it will be created in two to three months. 50 lakh rupees will be invested to undertake the project.

    Which of the following article is related to President rule in a state?Ans : (2)
    1. 352 2. 356 3. 360 4. 256 5. 143

    Explanation: President's Rule refers to Article 356 of the Constitution of India deals with the failure of the Constitutional machinery of a state. At present President rule is in Delhi Union territory. Home Minister SushilKumar Shinde informed Lok Sabha on 17th February that the President's Rule has been imposed effective immediately in New Delhi following Delhi Chief Minister Arvind Kejriwal's resignation and his Council of Ministers.

    'One rank one pension' belongs to.....? Ans : (3)
    1. Sports persons 2. Bank Employees 3. Defence Personnel 4. Bank Employees 5. None of these

    Explanation: The Government on 17th February accepted in principle the "one-rank, one-pension" for defence forces, a long-standing demand of ex-servicemen. The one-rank, one-pension principle will be implemented prospectively from financial year 2014-15. The "one rank, one pension" rule means that retired soldiers of the same rank and length of service will receive the same pension, regardless of when they retire. Currently, pensioners who retired before 2006 draw less pension than their counterparts and even their juniors

    Article 3 of the Constitution of India refers to....? Ans : (1)
    1. Creation of new state 2. Citizenship of India 3. Fundamental Rights 4. Election Commission 5. CAG

    Explanation: Article 3, refers to the division of a state or altercation of boundaries or merging of two states into one. The Andhra Pradesh Reorganisation Bill, aimed at carving out a Telangana state, was passed by voice vote in both Lok sabha and Rajya Sabha, paving way for the creation of a 29th state

    Bangay, is a village, which of the following freedom fighter was born in this village? Ans : (5)
    1. Lala hardayal 2. Lala lajapati roy 3. Balagangadhar Tilak 4. Subhash Chandrabose 5. Bhagat singh

    Explanation: Bhagat singh was born in Bangay village. The Faisalabad government has proposed to develop Bangay, freedom fighter Bhagat Singh's village, as a heritage site with a budget of Rs two crore as part of a plan to restore places of historical importance. Bangay, 150 km from Lahore would be developed with five other historical villages in the district. The cost of the project to be undertaken by the Lyallpur Heritage Foundation is Rs 12 crore.

    Who is the new Oil-secretary of India? Ans : (1)
    1. Saurabh Chandra 2. Vivek Rae 3. Chudhur 4. Chand Choudhury 5. None

    Explanation: Saurabh Chandra, Secretary in the Department of Industrial Policy & Promotion, will be the new Oil Secretary. He will replace Vivek Rae

    Bahrain Bank has made an agreement with which of the following Indian bank, in development of small scale industries? Ans : (4)
    1. Indian Bank 2. Syndicate Bank 3. IDBI 4. SIDBI 5. SBI

    Explanation: The government-run Small Industries Development Bank of India (SIDBI) on 19th February signed an agreement with Bahrain Development Bank (BDB) to assist small businesses in establishing operations. As per the agreement, SIDBI would provide technical assistance and facilitate activities of BDB Group in the areas of risk management and credit appraisal. It will also provide training to BDB Group officials in SME credit risk appraisal and related areas, in framing a suitable monitoring policy and NPA management system and in exploring tie up of Indian micro, small and medium enterprises with SMEs in Bahrain for mutual benefit.

    In which year, SIDBI was established? Ans : (2)
    1. 1989 2. 1990 3. 1991 4. 1992 5. 1993

    Explanation: Small Industries Development Bank of India is an non-independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. Set up on April 2, 1990 through an act of parliament, it was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India

    According to USDA, India's exports of rice, wheat, corn will drop by...? Ans : (3)
    1. 18% 2. 15% 3. 29% 4. 39% 5. 40%

    Explanation: The United States Department of Agriculture (USDA), also known as the Agriculture Department, is the U.S. federal executive department. India's exports of wheat, rice and corn are expected to drop sharply by 29 per cent to 13.5 million tonnes in the 2014-15 marketing year due to sluggish global prices, according to a USDA report. The combined shipments of wheat, rice and corn from India are estimated to touch 19 million tonnes in the ongoing 2013-14 marketing year, it said.

    Who among the following has got Federation of Asian Biotech Associations (FABA) Special Award-2014" award? Ans : (1)
    1. William Dar 2. MS Swaminathan 3. Geeth Rana 4. Stephen Sumn 5. None

    Explanation: Director General of the International Crops Research Institute for the Semi-Arid Tropics (Icrisat) William Dar has bagged the prestigious "Federation of Asian Biotech Associations (FABA) Special Award-2014" in recognition of his efforts to improve the livelihoods of poor small-holder farmers in Asia and sub-Saharan Africa.

    In which year, ICROSAT was established? Ans : (5)
    1. 1968 2. 1969 3. 1970 4. 1971 5. 1972

    Explanation: The International Crops Research Institute for the Semi-Arid-Tropics (ICRISAT) is a non-profit agricultural research organization headquartered in Hyderabad , with several regional centres (Niamey (Niger), Nairobi (Kenya)) and research stations Bamako (Mali), Bulawayo (Zimbabwe). It was founded in 1972 by a consortium of organizations convened by the Ford and the Rockefeller Foundations. Its charter was signed by the FAO and the UNDP.

    Yaduvendra Mathur is the new Chairman and Managing director of which of the following bank? Ans : (4)
    1. Central Bank 2. Indian overseas Bank 3. Indian bank 4. EXIM Bank 5. Syndicate Bank

    Explanation: The Centre has appointed Yaduvendra Mathur as Chairman and Managing Director of Export-Import Bank of India (Exim Bank) on deputation for three years. Prior to this appointment, Mathur, who is an Indian Administrative Service Officer of the 1986 batch, was Chairman and Managing Director, Rajasthan Financial Corporation.

    In which year, EXIM bank was established? Ans : (4)
    1. 1979 2. 1980 3. 1981 4. 1982 5. 1983

    Explanation: Export-Import Bank of India is the premier export finance institution in India, established in 1982 under the Export-Import Bank of India Act 1981. Since its inception, Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment

    According to IMF, the growth rate of India in the 2014-15 financial year? Ans : (1)
    1. 5.4% 2. 3.6% 3. 4.6% 4. 6% 5. 5.8%

    Explanation: Projecting a growth rate of 4.6 per cent this year, the International Monetary Fund (IMF) on 20th February said the Indian economy is likely to expand by 5.4 per cent on stronger global scenario, improving export competitiveness, a favourable monsoon and a confidence boost after recent policy actions. The multilateral agency also sees inflation, driven by food prices, remaining near double digits in 2014-15

    The head quarters of International Monetary fund is in? Ans : (3)
    1. Geneva 2. Hague 3. Washington 4. New York 5. Rome

    Explanation: The International Monetary Fund (IMF) is an international organization that was initiated in 1944 at the Bretton Woods Conference and formally created in 1945 by 29 member countries. The IMF's stated goal was to assist in the reconstruction of the world's international payment system post–World War II. Its headquarters are in Washington, D.C., United States.

    India's oldest Parliamentarian in the 15th lok sabha is Rishang Keishing, he belongs to which political party Ans : (5)
    1. CPI 2. CPM 3. Bharatiya Janata Party 4. Trinamool Congress 5. Congress

    Explanation: Rishang Keishing is politician of the Indian National Congress party. Keishing served as Chief Minister of Manipur from 1980 to 1988 and from 1994 to 1997. He is from Bungpa village, Ukhrul District, Manipur. He belongs to Tangkhul Naga tribe. He is India's oldest parliamentarian. He declared retirement on 21st February. He was elected four times to Parliament, twice to the Rajya Sabha.

    Who among the following will , head the eight-member search committee to select the names for various posts of Lokpal, the anti-corruption ombudsman? Ans : (2)
    1. YV. Bhaskaran 2. K.T. Thomas 3. Altamas Kabir 4. Navneet 5. Akash Vairag

    Explanation: The former Supreme Court judge, K.T. Thomas, will head the eight-member search committee to select the names for various posts of Lokpal, the anti-corruption ombudsman. Justice Thomas was unanimously chosen on February 20 by the selection committee, comprising Prime Minister Manmohan Singh; Lok Sabha Speaker Meira Kumar; Supreme Court Judge H.L. Dattu, who is the nominee of the Chief Justice of India P. Sathasivam; Leader of the Opposition in the Lok Sabha Sushma Swaraj; and Jurist P.P. Rao. Justice Thomas retired in 2002.

    Matteo Renzi, is the youngest prime minister of which of the following country? Ans : (3)
    1. France 2. Newzealand 3. Italy 4. Maldives 5. Iran

    Explanation: Italy's youngest-ever prime minister Matteo Renzi and his fresh-faced cabinet were sworn in on 22nd February, amid widespread scepticism that the new government has the political maturity to tackle the country's formidable challenges.

    Which of the following Authority was approved by Union cabinet recently? Ans : (2)
    1. Unified Regulatory 2. Coal regulatory 3. Insurance regulatory 4. Social Media regulatory 5. None

    Explanation: The Union Cabinet approved the setting up of Coal Regulatory Authority (CRA) on 20 February 2014. The proposal for setting up CRA was made by the Union Coal Ministry. The regulator is a non-statutory entity. Its orders will be advisory and not mandatory in nature.