QUIZ – 2017: Insights Current Affairs Quiz, 05 November 2018

Solution: c.

Britannica; TH;

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Solution: a.

The RBI guidelines regarding  the  CAR  norms  in  India:

• Basel-I norm  of  the  CAR  was  to  be achieved  by  the  Indian  banks  by
• The CAR  norm  was  raised  to  9  percent  with  effect  from 2000  (Narasimham  Committee-II  had recommended  to  raise  it  to  10  per  cent).
• Foreign banks  as  well  as  Indian  banks with  foreign  presence  as well as other Scheduled Commercial Banks to  follow  Basel- II  norms,  e.f.  2008/2009. The Basel-II norm for the CAR is 12 per cent.

Banking in India, Indian Economy by Ramesh Singh;

In the news: TH;

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Solution: d.

BBC: Voters in the French Pacific territory of New Caledonia have rejected a bid for independence… New Caledonia has large deposits of nickel, a vital component in manufacturing electronics, and is seen by France as a strategic political and economic asset in the region.

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Solution: a.

BBC: NASA has released a video describing the perilous journey its InSight probe will make to the surface of Mars later this month. Fronted by Rob Manning, the chief engineer at Nasa’s Jet Propulsion Laboratory, the film describes the various stages of what is termed “entry, descent and landing”, or EDL. It is a sequence of high jeopardy… The agency produced a similar video for its Curiosity Mars lander in 2012 called The 7 Minutes of Terror.

Solution: d.

DIPP: As a statutory authority, PESO is entrusted with the responsibilities under the Explosives Act, 1884; Petroleum Act, 1934, Inflammable Substances Act, 1952, and Environment (Protection Act), 1986.

http://peso.gov.in/index.aspx;

In the news due to firecrackers-related orders from the Supreme Court.

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