Current Affairs Daily Updates: 31st July 2017

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Current Affairs Daily Updates: 31st July 2017
APPOINTMENTS
Ravi Mittal appointed as part-time member on IRDAI board
  • Ravi Mittal appointed an additional secretary in the Finance Ministry in place of Anil Khachiis now a part-time member of the board of IRDA (Insurance Regulatory and Development Authority of India).
  • He replaced N S Rao who is a joint secretary level officer.
  • Maruthi Prasad Tangirala appointed as the Executive Director (ED).
  • Suresh Mathur will be handling reinsurance portfolio at IRDAI as Executive Director.
  • Insurance Regulatory and Development Authority of India (IRDA) is an autonomous, statutory agency tasked with regulating and promoting the insurance and re-insurance industries in India.

Current Affairs Daily Quiz: 29th July 2017

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Current Affairs Daily Quiz: 29th July 2017
1. How many new Institutes of Ayurveda established by the Government which offers undergraduate and postgraduate and fellowship programme?
A) 1
B) 2
C) 3
D) 4
Answer: B)
Explanation: The Central Government has established National Institute of Ayurveda at Jaipur which offers undergraduate and postgraduate and fellowship programme. Further, the Government has also established two new institutes namely (i) All India Institute of Ayurveda, New Delhi for Post-graduate education and (ii) North Eastern Institute of Ayurveda & Homoeopathy, Shillong for Under-graduate education in Ayurveda & Homoeopathy.

The Hindu Editorials with Vocabulary (24 – 29 July) PDF

The Hindu Editorials with Vocabulary (24 – 29 July) PDF
The Hindu Editorials with Vocabulary (24 – 07 – 2017)
a) The boycott ban: on Maharashtra's law against social boycott
b) Spanish steps
Madrid pulls out all the stops ahead of the secession vote in Catalonia

Reasoning Practice Questions for IBPS RRB, IBPS Clerk, IBPS PO

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Reasoning Practice Questions IBPS RRB | IBPS Clerk | IBPS PO
Directions (1 – 5): Study the following information to answer the given question:
Ten persons are sitting in twelve seats in one row, in such a way that there is an equal distance between adjacent persons. The persons are A, B, C, D, E, F, G, H, I, and J. Some of them are facing North and some of them are facing South. Two seats are vacant in the row and they are named as VS1 and VS2, i.e. Vacant seat 1 and Vacant seat 2. All of them have a different vehicle i.e. Cycle, Scooter, Bike, Car, Bus, Truck, Tempo, Tractor, Helicopter and Airplane. But, not necessarily in the same order.

Current Affairs Daily Updates: 29th July 2017

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Current Affairs Daily Updates: 29th July 2017
AWARDS AND HONOURS
Jhulan Goswami and Subrata Bhattacharya felicitated by Mohun Bagan
  • Mohun Bagan was conferred former club captain and coach Subrata Bhattacharya with prestigious Mohun Bagan Ratna award at the club’s annual day programme in kolkata.
  • The city football gaint also felicitated India Women’s cricket team veteran pacer Jhulan Goswami with a special award. On the other hand, former club striker Balwant Singh was awarded the Best Football Player of the Year prize.
  • Debabrata Das was honoured with the Best Cricket Player of the Year award. Former Bengal batsman Shyam Sundar Mitra was bestowed the Lifetime Achievement Award.

Data Interpretation Practice Questions IBPS RRB | IBPS Clerk | IBPS PO

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Data Interpretation Practice Questions for IBPS RRB, IBPS Clerk, IBPS PO
Directions (1 – 5): Study the following bar graph and pie-chart carefully and answer the questions given below:
Note: The speed of the stream changes for each boat as shown in the bar graph.

Current Affairs Daily Quiz: 28th July 2017

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Current Affairs Daily Quiz: 28th July 2017
1. Amazon India has announced its second Fulfilment Centre in __________.
A) Bihar
B) Uttarakhand
C) West Bengal
D) Uttar Pradesh
Answer: D)
Explanation: Amazon India has announced its second Fulfilment Centre in Uttar Pradesh. The new centre would empower thousands of small and medium businesses to leverage the growth of the digital economy and reach a wider customer base.

Reasoning Practice Questions IBPS RRB | IBPS Clerk | IBPS PO

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Reasoning Practice Questions for IBPS RRB, IBPS Clerk and IBPS PO
Directions (1 – 5): Read the following information carefully and answer the following questions given below:
Ten businessmen Mukesh Ambani, Anil Ambani, Anand Mahindra, Sunil Mital, Vijay Mallya, Rahul Bajaj, Dilip Sanghvi, Azim Premji, Lakshmi Mittal and Cyrus Mistry are travelling by ten different airlines to ten different destinations. The Airlines are –Air India, Lufthansa, Virgin Airlines, Birtish Airways, Go Air, Qatar Airways, Cathay Pacific, Thai Airways, Fly Emirates and Air Arabia. The ten destinations are Bangkok, Switzerland, Singapore, Beijing, Kathmandu, Bhutan, Malaysia, Mexico, Canada and Cuba but not necessarily in the same order.

Current Affairs Daily Updates: 28th July 2017

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Current Affairs Daily Updates: 28th July 2017
APPOINTMENTS
PV Sindhu appointed Group-I officer by Andhra Pradesh Govt
  • Olympic silver medallist P V Sindhu has been appointed a Group-I officer in Andhra Pradesh. Chief minister N Chandrababu Naidu handed over the government order to the Rio Olympics silver winning shuttler.

English Practice Questions IBPS RRB | IBPS Clerk | IBPS PO

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English Practice Questions for IBPS RRB, IBPS Clerk, IBPS PO
Directions (1 – 5): Read the following passage carefully and answer the questions given below it.
U.S. President Donald Trump’s tax plan, released as a brief one-page document this week, promises some bold reforms to _____(1)_____refresh America’s sluggish economy. Weak private investment spending has been at the heart of what is now dubbed the slowest U.S. economic recovery in the post-War era, which ____(2)______has been coupled with a serious slump in productivity. The plan does well in attempting to address basic structural problems that have held back the American private sector. However, its eventual success in _____(3)_____revive to growth and productivity will depend on the extent to which its benefits trickle down from the balance sheets of big business to the real economy. The Trump administration ______(4)_____propose steep cuts to the corporate tax rate (from 35% to just 15%), a significant reduction and simplification of the individual income tax, a doubling of standard tax deductions, and the scrapping of the wealth tax and the alternative minimum tax. Notably, the earlier proposal to impose a protectionist border adjustment tax has also been shelved, hopefully due to the ________(5)______ administration realisation that trade tariffs ______(6)_______ don’t come with a zero cost on Americans. It is estimated that U.S. corporations have stacked a cash pile of more than $1.8 trillion overseas to avoid the corporate income tax. Mr. Trump hopes to push them to repatriate some of this cash stock after paying a minimal one-time tax.
Whether the likely inflow of capital _______(7)________ will incentivise U.S. corporations to increase investments, or simply distribute the cash to shareholders through buybacks and dividends is an open question. In this context, another relevant issue is the administration’s own spending plans. The cut in the corporate tax alone is estimated to cost over $2 trillion, and overall the plan could lead to anywhere between $3 trillion and $7 trillion in lost revenue over the next 10 years. Whether the Trump administration will walk back on its ______(8)_______beginning to promise to adopt a tax plan that is revenue and deficit neutral or cut down on spending to match lower revenues remains to be seen. Most recently, U.S. Treasury Secretary Steven Mnuchin argued that higher growth will help_______(9)______(damage) for the revenue loss from tax cuts, suggesting a spending cut may not be on the cards. Mr. Trump’s bullish stance on infrastructure and military spending also suggests he is unlikely to reduce spending. This means that the real ______(10)______(needed) income of Americans won’t receive any significant boost in the near term. Further, productivity improvements in the long run require improvements in general business freedom as well, not just tax cuts. Lastly, of course, Mr. Trump’s tax plan will require the approval of a Republican-dominated Congress that is filled with deficit hawks.
1. (a) Liquidate (b) ravage (c) sabotage (d) Rejuvenate (e) No change required
2. (a) had been (b) have been (c) has been couple (d) been (e) No change required
3. (a) revive (b) reviving (c) been reviving (d) revived (e) No change required
4. (a) proposed (b) had proposed (c) have proposed (d) has proposed (e) No change required
5. (a) administration (b) administrations (c) administration’s (d) administrations’ (e) No change required
6. (a) didn’t come (b) doesn’t come (c) did come (d) will come (e) No change required
7. (a) would have been incentivise (b) would been incentivise (c) would have to incentivise (d) will incentivise (e) No change required
8. (a) Initial (b) Inferior (c) Collateral (d) Incipient (e) No change required
9. (a) Penalize (b) Come done with (c) Compensate (d) Deprive (e) No change required
10. (a) Necessary (b) Decisive (c) paramount (d) Disposable (e) No change required
Directions (11 – 15): Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of die sentence. The number of that part is the answer. If there is no error, the answer is (e). (Ignore errors of punctuation, if any).
11. People are worried (a) / more because of the frequency (b) / of occurrence of the crimes rather (c) / than the magnitude of each one (d) / no error (e).
12. The quality of construction (a) / of our building was (b) / highly appreciable by (c) / most of the visitors (d) / no error (e)
13. The discreet enquiry revealed (a) / that his involvement in (b) / the fraud cases have been (c) / more than what was first guessed (d) / no error (e)
14. I know nothing (a) / about chess because (b) / my games teacher also (c) / was not knowing nothing about it (d) / no error (e)
15. Due to uncertainty (a) / capital market conditions, (b) / there has been a tremendous (c) / growth in bank deposits (d) / no error (e)
Answers:
1. D)   2. E)   3. B)   4. D)   5. C)   6. E)   7. E)   8. A)   9. C)   10. D)  
11. (c) With ‘more’ in (b) there is no need to have ‘rather’; just ‘than’ is sufficient.
12. (c) The word should be ‘appreciated’ (v.) (praised) and not ‘ appreciable’ (adj.) (considerable).
13. (c) As we are referring to ‘his involvement’. It should be ‘has been’ and not ‘have been’. There has to be agreement between the noun, number and the verb. Don’t make the mistake of matching the verb with ‘fraud cases’.
14. (d) ‘Was not knowing nothing’ has a wrong tense usage and also involves two negatives. It should be ‘did not know anything’ (or ‘knew nothing’) in place of ‘was not knowing nothing’.
15. (a) It should be ‘uncertain’ (adj.) before ‘capital market conditions and not ‘uncertainly’ (noun).



Data Interpretation Practice Questions | IBPS RRB | IBPS Clerk | IBPS PO

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Data Interpretation Practice Questions for IBPS RRB, IBPS Clerk, IBPS PO
Directions (1 – 5): Given below is the table showing expenditure distribution of a company from year 2010 to year 2015. Study the table carefully and answer the following questions.
Note: All values are in lakh Rupees

Current Affairs Daily Quiz: 27th July 2017

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Current Affairs Daily Quiz: 27th July 2017
1. Which country has recently Declared 'Total Independence' from World Bank And IMF?
A) Bulgaria
B) Barbados
C) Brazil
D) Bolivia
Answer: D)
Explanation: Evo Morales, the President of Bolivia, has recently declared his government's full independence from the International Monetary Fund (IMF) and World Bank, after announcing last year that Bolivia will no longer respond to their demands.

Current Affairs Daily Updates: 27th July 2017

Mentor for Bank Exams
Current Affairs Daily Updates: 27th July 2017
APPOINTMENTS / RESIGNATIONS
Subhash Chandra Garg appointed as India’s Alternate Governor on the Board of Governors of ADB
  • Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA), Ministry of Finance, Government of India appointed as India’s Alternate Governor to the Board of Governors of the Asian Development Bank (ADB), Manila, Philippine.
  • He replaces Former Secretary, DEA, Shri Shaktikanta Das.

English Practice Questions IBPS Clerk | IBPS RRB | IBPS PO

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English Practice Questions for IBPS Clerk, IBPS RRB, IBPS PO
Directions (1 – 5): In the following questions four alternatives are given for the idiom/phrase underlined. Choose the alternative which best expresses the meaning of the idiom/phrase and mark it as your answer. If none of the alternatives are correct, mark (E), i.e, none as your answer.

Reasoning Practice Questions | IBPS RRB | IBPS Clerk | IBPS PO

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Reasoning Practice Questions for IBPS RRB, IBPS Clerk, IBPS PO
Directions (1 – 5): Study the following information carefully and answer the questions which follow—
A, B, C, D, E and F are six persons who have joined 6 different banks OBC Bank, Punjab National Bank, Bank of Maharashtra, Bank of India, Bank of Baroda, and State Bank of India by scoring different marks in the written exam of a maximum of 200 marks. (marks are an integer value) They all are sitting around a circle facing the centre with equal distance. 
C is second to the right of the person who joined Bank of Baroda whose score is 169 marks which were the third lowest marks out of the 6 students. A is immediate to the left of the person who is opposite to the person who joined State Bank of India, who is not near to F. B scored the 2nd highest marks and did not join Bank of India but is 2nd to the left of the person, who scored 174 marks. D is seated opposite to one who joined Bank of India. D is not near to B. E has not scored the lowest marks. C is immediate to the left of the one who joined State Bank of India and C scored 170 marks. The person who joined Punjab National Bank is second to the left of the one who scored 172 marks. The person who joined OBC did not score the highest marks. One of the six students scored which was a prime number. The lowest scored mark is 164. 
1. Who amongst the following is from OBC? 
(a) D 
(b) E 
(c) C
(d) A 
(e) B
2. Four of the following five are alike in a certain way based on the given seating arrangement and thus form a group, who is the one that does not belong to that group? 
(a) A 
(b) B 
(c) C 
(d) D 
(e) E 
3. Who is seated between D and the person from Bank of Baroda? 
(a) E 
(b) A 
(c) C 
(d) None 
(e) The person from Bank of Maharashtra 
4. Which of the following is true regarding the given information? 
(a) F is from Bank of Baroda and seated immediate right of the person who is opposite to the person who joined bank of Maharashtra. 
(b) A is from Punjab National Bank and scored 174 marks and is opposite to C 
(c) E is from OBC and is to the immediate right of B 
(d) C scored 170 marks and is opposite to one who joined Bank of Maharashtra. 
(e) The person from Bank of Maharashtra is seated opposite to one who scored 164 marks.
5. Which of the following order of marks in descending order is true? 
(a) A > B > C > D > E > F 
(b) A > B > C > F > E > D
(c) A > B > E > C > F > D
(d) A > B > C > E > F > D
(e) A > B > C > D > F > E 
Directions (6 – 10): Study the information and answer the following questions:
In a certain code language 
"hand over humble gift" is coded as "4B 3W 3V 13J" 
"when the last book" is coded as "9I 15I 8B 9P" 
"fiction takes its time" is coded as"8J 1B 10U 15J" 
6. What is the code for ‘thinking’ in the given code language?
(a) 14I
(b) 13J
(c) 13L
(d) 13I
(e) None of these
7. What is the code for ‘basically' in the given code language?
(a) 24B
(b) 23A
(c) 43B
(d) 23B
(e) None of these
8. What may be the possible code for ‘electric ’ in the given code language?
(a) 2M
(b) 12M
(c) 2N
(d) 20M
(e) None of these
9. What may be the possible code for ‘small’ in the given code language?
(a) 17N
(b) 7O
(c) 7K
(d) 7N
(e) None of these
10. What is the code for ‘essays' in the given code language?
(a) 14T
(b) 24T
(c) 14U
(d) 14L
(e) None of these
Solutions:
(1 – 5):
Mentor for Bank Exams
1. C)   2. E)   3. D)   4. D)   5. B)  
(6 – 10): Explanation:
The Number represents the difference between first and last letter of given word according to the English Dictionary
Letter represents the immediate succeeding of second letter in a word.
Example: hand => {h (8) – d (4)} {a + 1} = 4B
6. D)   7. D)   8. A)   9. D)   10. A)  



Quantitative Aptitude Practice Questions | IBPS RRB | IBPS Clerk | IBPS PO

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Quantitative Aptitude Practice Questions for IBPS RRB, IBPS Clerk, IBPS PO
Directions (1 – 5): What approximate value should come in place of question mark (?) in the following questions? (Note: You are not expected to calculate the exact value.)
1. 11.25% of 135 + 8.72% of 463 = ?
a) 45
b) 55
c) 35
d) 65
e) 44

Current Affairs Daily Quiz: 26th July 2017

Mentor for Bank Exams
Current Affairs Daily Quiz: 26th July 2017
1. Name the company for which, Google CEO Sundar Pichai has appointed as a board of directors recently?
A) Microsoft
B) Vodafone
C) Samsung
D) Alphabet
Answer: D)
Explanation: Google Chief Executive Officer (CEO) Sundar Pichai is going to join the board of directors of Alphabet. Alphabet is the second most valuable United States (US) company behind Apple.

Current Affairs Daily Quiz: 25th July 2017

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Current Affairs Daily Quiz: 25th July 2017
1. Who of the following is appointed as a Chief Operating Officer of Walmart India?
A) Ashwin Mittal
B) David Cheesewright
C) Devendra Chawla
D) Murali Lanka
Answer: C)
Explanation: Walmart India has roped in former CEO of Future Consumer Devendra Chawla as its Chief Operating Officer. He will join as COO Merchandising, Marketing and Omni-channel function at Walmart India. Walmart India owns and operates 21 best price modern wholesale stores in nine states across India.

Current Affairs Daily Updates: 26th July 2017

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Current Affairs Daily Updates: 26th July 2017
APPOINTMENTS
Janalakshmi Financial Services appoints Ajay Kanwal as CEO
  • Janalakshmi Financial Services (JFS), the largest micro finance company announced the appointment of its new CEO Ajay Kanwal.
  • Kanwal, a veteran banker has 27 years of experience in both consumer and commercial banking sector, will take charge of office from August 1.

Quantitative Aptitude Practice Questions | IBPS Clerk | IBPS RRB | IBPS PO

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Quantitative Aptitude Practice Questions for IBPS Clerk, IBPS RRB, IBPS PO
1. A starts a business with a capital of Rs. 85,000. B joins in the business with Rs.42500 after some time. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
a) 5 months
b) 6 months
c) 7 months
d) 4 months
e) 8 months

Reasoning Practice Questions | IBPS Clerk | IBPS RRB | IBPS PO

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Reasoning Practice Questions for IBPS Clerk, IBPS RRB, IBPS PO
Direction (1 – 5): Study the following information carefully and answer the given questions.
A number arrangement machine arranges two digit numbers in typical manner. The first step has been obtained by multiplying the digits in input. Multiplication has not been done in any other steps. They are obtained by applying certain logic. Each step is a resultant of previous step.

Reading Comprehension Practice Questions | IBPS Clerk | IBPS PO | IBPS RRB

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Reading Comprehension Practice Questions for IBPS Clerk,  IBPS PO, IBPS RRB
Directions (1 – 10): Read the passage carefully and answer the questions that follow. Certain words are printed in bold to help you locate them while answering some of the questions. 

Problems on Ages Practice Set – 1

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Problems on Ages Practice Set – 1
1. The sum of the present ages of a father and his son is 60 years. Five years ago, father's age was four times the age of the son. so now the son's age will be:
a) 5
b) 10
c) 15
d) 20
e) 25
Answer: C)
Explanation: Let the present ages of son and father be x and (60 - x) years respectively.
Then, (60 - x) - 5= 4(x - 5)
55 - x = 4x – 20
5x = 75 => x = 15

The Hindu Editorials with Vocabulary (26 – 07 – 2017)

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The Hindu Editorials with Vocabulary (26 – 07 – 2017)
a) The crossroads at the Doklam plateau
India must calibrate both its message and military moves to keep Bhutan on track with the special bilateral ties
There are many strings that tie Bhutan to India in a special and unique relationship, but none are as strong as the ones laid down on the ground: 1,500 km, to be precise, of roads that have been built by India across the Himalayan kingdom’s most difficult mountains and passes.