Current Affairs for RRB Office Assistant Mains | 11th September 2019 Current Affairs Questions and Answers - Smartkeeda

Directions: Study the following questions carefully and answer the questions given below.
1
As per CRISIL, what is the Gross Domestic Product (GDP) growth of India for the FY20 (Fiscal Year 2020)?
» Explain it
D
Hints to Remember

Who: CRISIL
What: cuts GDP growth to 6.3% in fiscal 2020
When: published on 4th September 2019

Rating agency CRISILNSE 0.43 % on Wednesday cut India’s fiscal year 2020 GDP growth forecast to 6.3% from its earlier forecast of 6.9%, after the economy grew 5% in the first quarter, it’s slowest in almost 6 years. The agency said that lower GDP growth forecast corroborates that India’s economic slowdown is deeper and more broad-based than suspected.

Hence, the correct answer is option D.

For the complete information kindly visit given link:

https://economictimes.indiatimes.com/news/economy/indicators/crisil-cuts-gdp-growth-to-6-3-in-fiscal-2020/articleshow/70978540.cms
» Explain it
A
Hints to Remember

Who: RBI
What: bars Equitas Small Finance Bank from opening new branches, caps CEO pay
When: published on 6th September 2019

The Reserve Bank of India has barred Equitas Small Finance Bank from opening new branches after it missed the deadline to list its shares on stock exchanges, a key licensing condition.

The RBI also froze the salary of Equitas SFB’s managing director and CEO, Vasudevan PN, at the existing level, parent Equitas Holdings Ltd said in a stock-exchange filing.

The central bank has warned the lender that it may impose more restrictions if it fails to make “satisfactory progress” towards listing its shares, Equitas Holdings said.

Hence, the correct answer is option A.

For the complete information kindly visit given link:

https://www.vccircle.com/rbi-bars-equitas-small-finance-bank-from-opening-new-branches-caps-ceo-pay/
3
How many NPA accounts did PNB puts off for sale to recover dues of Rs 1,234 crores?
» Explain it
C
Hints to Remember

Who: PNB
What: invites bids for 11 NPA accounts to recover dues of Rs 1,234 crore
When: published on 8th September 2019

State-owned Punjab National Bank (PNB) has put up for sale nearly a dozen non-performing assets (NPA) to recover dues of more than Rs 1,234 crore.

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

The accounts include Visa Steel, which has irrecoverable dues of Rs 441.83 crore, IndBarath Energy (Utkal) Rs 414.23 crore, Aster Pvt Ltd Rs 113.57 crore and Om Shiv Estates Rs 100.16 crore.

Hence, the correct answer is option C.

For the complete information kindly visit given link:

https://www.thehindubusinessline.com/money-and-banking/pnb-invites-bids-for-11-npa-accounts-to-recover-dues-of-rs-1234-crore/article29367441.ece
4
Which of the following companies sells Global Village Tech Park for 2,800 cr to Blackstone?
» Explain it
B
Hints to Remember

Who: Coffee Day
What: sells Global Village Tech Park for Rs. 2,800 cr to Blackstone
When: published on 6th September 2019

Coffee Day Enterprises Ltd (CDEL), the holding company of Coffee Day Group founded by the late V.G. Siddhartha, on Friday closed the deal to sell the Global Village Technology Park in Bengaluru to New York-based private equity giant Blackstone Group Llp.

Two people familiar with the transaction confirmed the development. The sale of the 90-acre tech park was finalized at ₹2,800 crore, according to the first person.

Hence, the correct answer is option B.

For the complete information kindly visit given link:
5
Which of the following countries has recently announced withdrawal of Controversial Extradition Bill?
» Explain it
B
Hints to Remember

Who: Hong Kong's leader
What: withdraws extradition bill that ignited mass protests
When: published on 4th September 2019

Hong Kong police say they arrested dozens of people, including a 12-year-old child, over the weekend, as they defended firing a live round for the first time since pro-democracy demonstrations started in June.

Police said they detained 86 people for offences including unlawful assembly, possession of offensive weapons and assaulting police officers.

Sunday’s protests were the scene of the fiercest clashes yet between police and demonstrators since violence escalated in mid-June over a now-suspended extradition bill that would have allowed Hong Kong people to be sent to mainland China for trial.

Hence, the correct answer is option B.

For the complete information kindly visit given link:

https://www.theguardian.com/world/2019/sep/04/hong-kong-lam-to-withdraw-extradition-bill-say-reports

Important Current Affairs Questions and Answers: 11th September 2019

1. Shweta Ratanpura Creates History By Becoming First Indian Woman To Win Medal At World Skills Event.
(11th September 2019 Current Affairs Questions and Answers)

With a bronze in graphic designing, Shweta Ratanpura becomes the first Indian woman to get a medal a the World Skills event.

The event was held in Russia and was attended by 63 countries. hanks to Shweta and other 18 participants, Indian ended on number 13 with 1 gold, 1 silver and 2 bronze medals. The other 15 were awarded medals of excellence.

2. Indian Army Team Summit MT Leo Pargyil (6773m).
(Important Current Affairs Quiz of 11th September 2019)

An Indian Army team successfully summited Mount Leo Pargyil (6773M) on 20thAug 2019 at 1030 hours after an extremely challenging climb in harsh weather, hoisting the National Flag atop Mt Leo Pargyil. The expedition was flagged in by Lieutenant General PM Bali, AVSM, VSM, COS, Western Command on 31 Aug 2019 at Jhakri near Rampur Bushar.

Leo Pargyil is the third highest peak of Himachal and is considered to be among the most challenging and technically difficult peak to scale. It lies in the Zanskar range.

3. Varun Dhawan’s Coolie No.1 is first Bollywood film set to go plastic-free.
(Daily Current Affairs Quiz of 11th September 2019)

Varun Dhawan’s upcoming movie Coolie No 1 has become the first Bollywood film to go plastic-free, producer of the movie Deepshikha DDeshmukh announced.

4. Andhra Pradesh gets India's longest electrified rail tunnel.
(Most Important Current Affairs Quiz of 11th September 2019)

Vice President M. Venkaiah Naidu inaugurated India's longest electrified rail tunnel. Situated between Cherlopalli and Rapuru stations of Andhra Pradesh, the 6.6-km long tunnel is a part of the Obulavaripalli-Venkatachalam railway line.

The newly constructed tunnel will provide seamless rail connectivity between Krishnapatnam Port and the hinterland areas for freight movement.

5. ASEAN-US Maritime Exercise Begins in Thailand.
(Top 10 MCQs on Current Affairs of 11th September 2019)

The U.S. Navy and maritime forces from the Association of Southeast Asian Nations (ASEAN) will begin the first ASEAN-U.S. Maritime Exercise (AUMX) with opening ceremonies at Sattahip Naval Base, Thailand Sept. 2.

Co-led by the U.S. and Royal Thai navies, AUMX will consist of pre-sail activities in Thailand, Singapore and Brunei, followed by a sea phase in international waters in Southeast Asia, including the Gulf of Thailand and South China Sea. The exercise will conclude in Singapore.

In all, AUMX includes eight warships and four aircraft from seven countries, and more than a thousand personnel representing all ten ASEAN member states and the United States.

6. Hong Kong's leader withdraws extradition bill that ignited mass protests.
(Top 10 Objective Current Affairs Quiz  of 11th September 2019)

Hong Kong police say they arrested dozens of people, including a 12-year-old child, over the weekend, as they defended firing a live round for the first time since pro-democracy demonstrations started in June.

Police said they detained 86 people for offences including unlawful assembly, possession of offensive weapons and assaulting police officers.

Sunday’s protests were the scene of the fiercest clashes yet between police and demonstrators since violence escalated in mid-June over a now-suspended extradition bill that would have allowed Hong Kong people to be sent to mainland China for trial.

7. Coffee Day sells Global Village Tech Park for Rs. 2,800 cr to Blackstone.
(Latest Current Affairs PDF of 11th September 2019)

Coffee Day Enterprises Ltd (CDEL), the holding company of Coffee Day Group founded by the late V.G. Siddhartha, on Friday closed the deal to sell the Global Village Technology Park in Bengaluru to New York-based private equity giant Blackstone Group Llp.

Two people familiar with the transaction confirmed the development. The sale of the 90-acre tech park was finalized at ?2,800 crore, according to the first person.

8. PNB invites bids for 11 NPA accounts to recover dues of Rs 1,234 crore.
(Current Affairs in Short of 11th September 2019)

State-owned Punjab National Bank (PNB) has put up for sale nearly a dozen non-performing assets (NPA) to recover dues of more than Rs 1,234 crore.

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

The accounts include Visa Steel, which has irrecoverable dues of Rs 441.83 crore, IndBarath Energy (Utkal) Rs 414.23 crore, Aster Pvt Ltd Rs 113.57 crore and Om Shiv Estates Rs 100.16 crore.

9. RBI bars Equitas Small Finance Bank from opening new branches, caps CEO pay.
(Latest Current Affairs Capsule of 11th September 2019)

The Reserve Bank of India has barred Equitas Small Finance Bank from opening new branches after it missed the deadline to list its shares on stock exchanges, a key licensing condition.

The RBI also froze the salary of Equitas SFB’s managing director and CEO, Vasudevan PN, at the existing level, parent Equitas Holdings Ltd said in a stock-exchange filing.

The central bank has warned the lender that it may impose more restrictions if it fails to make “satisfactory progress” towards listing its shares, Equitas Holdings said.

10. CRISIL cuts GDP growth to 6.3% in fiscal 2020.
(Current Affairs and GK Quiz of 11th September 2019)

Rating agency CRISILNSE 0.43 % on Wednesday cut India’s fiscal year 2020 GDP growth forecast to 6.3% from its earlier forecast of 6.9%, after the economy grew 5% in the first quarter, it’s slowest in almost 6 years. The agency said that lower GDP growth forecast corroborates that India’s economic slowdown is deeper and more broad-based than suspected.