Budget
1. Budgetary control system facilitates centralized control with…

A. Decentralized activity B. Centralized activity C. Both D. None

Answer: Option (C)
2. Budgetary control facilitates the easy introduction of the…

A. Marginal costing B. Ratio analysis C. Standard Costing D. Subjective matter

Answer: Option (C)
3. Budgetary control helps the management in…

A. Obtaining bank credit B. Issue of shares C. Getting grants from government D. All of these

Answer: Option (A)
4. Budgetary control system helps the management to eliminate…

A. Undercapitalization B. Overcapitalization C. Both D. Subjective matter

Answer: Option (C)
5. Budgetary control provides a basis for…

A. Bonus shares B. Rights shares C. Remuneration plans D. None

Answer: Option (C)
Economic Survey
1. In the second phase of nationalization of commercial banks, how many banks were nationalized?

A. 4 B. 6 C. 8 D. 10

Answer: Option (B)
2. In terms of economics, the recession occurring two times with a small gap in between is known as:

A. Double Deflation B. Deflation C. Deep Recession D. Double Dip Recession

Answer: Option (C)
3. In the year 1969, how many banks were nationalized?

A. 12 B. 14 C. 16 D. 18

Answer: Option (B)
4. In which of the Five Year Plans, preference was given to the weaker sections of the society?

A. Second B. Third C. Fourth D. Fifth

Answer: Option (D)
5. In which one of the following five years plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set?

A. Sixth five-year plan B. Seventh five-year plan C. Eighth five-year plan D. Ninth five-year plan

Answer: Option (D)
Current Affairs
1. Which of the following network was conferred with the Swacchta Pakhwada Awards-2019?

A. All India Radio B. AIR FM Gold C. Radio Mirchi D. AIR FM Rainbow

Answer: Option (A)
Explanation: All India Radio and the Publication Division and Children's Film Society of India were awarded with the Swacchta Pakhwada Awards-2019. Director General of All India Radio, F. Sheheryar and Director General (News), Ira Joshi received the Award for All India Radio.
2. How many Indian teams win the award in the 25th Annual Human Exploration Rover challenge 2019?

A. 5 B. 4 C. 3 D. 6

Answer: Option (C)
Explanation: NASA has awarded three teams of Indian students in its 25th Annual Human Exploration Rover challenge 2019 at the US Space and Rocket Centre in Huntsville, Alabama. The program invites college students and high school students to develop and test roving vehicles for future missions to the Mars, Moon and beyond. "AIAA Neil Armstrong Best Design Award" won by a team from KIET Group of Institutions in Ghaziabad, Uttar Pradesh. The team from Lovely Professional University in Phagwara, Punjab, received "STEM Engagement Award". The Mukesh Patel School of Technology Management and Engineering, Mumbai, Maharashtra, received the "Frank Joe Sexton Memorial Pit Crew Award" and also won the System Safety Challenge Award at the competition hosted by NASA's Marshall Space Flight Center.
3. The New York Times and The Wall Street Journal was honored with this title for their separate investigations of President Donald Trump and his family.

A. Peabody Award B. Gerald Loeb Award C. Clio Awards D. Pulitzer Prizes

Answer: Option (D)
Explanation: The New York Times and The Wall Street Journal were awarded Pulitzer Prizes for their separate investigations of President Donald Trump and his family. The Times won the prestigious journalism award for a probe of the Trump family's finances that debunked his claims of self-made wealth and revealed a business empire riddled with tax dodges. The Journal won for its coverage of Trump's secret hush money payments to two women during his 2016 presidential campaign who claimed to have had affairs with him. The Associated Press won a Pulitzer for international reporting for its coverage of the war in Yemen. Reuters was honored for international reporting for its coverage of atrocities committed against Rohingya Muslims in Myanmar.
4. Who topped the Asian Rich List 2019 with Rs 2.3 lakh crore?

A. Hinduja family B. Lakshmi Mittal & family C. SP Lohia D. Mukesh Ambani family

Answer: Option (A)
Explanation: Leading London-based NRI industrial tycoons, the Hinduja family has topped the Asian Rich List 2019 for the sixth successive year with £25.2 billion (over Rs 2.3 lakh crore) wealth. Steel magnates Lakshmi Mittal and his son Aditya Mittal were ranked second with £11.2 billion (over Rs 1 lakh crore) wealth. Petrochemicals billionaire SP Lohia was ranked third with £5.8 billion (over Rs 53,000 crore) wealth.
5. Which of the following was conferred with the Golden Peacock Innovative Product Award - 2019?

A. Acko General Insurance B. Magma Fincorp C. Max Bupa D. TATA

Answer: Option (A)
Explanation: ACKO General Insurance a new-age digital insurance company was awarded the coveted Golden Peacock Innovative Product Award - 2019, for their contextual microinsurance product -"Ola Ride Insurance". The award was presented to Mr. Biresh Giri, Appointed Actuary & CRO, Acko. The award ceremony was held in Dubai.
Economic Current Affairs
1. How much percent of life insurer's premium income was grown for the year 2019, as per Insurance Regulatory and Development Authority of India (IRDAI)?

A. 15% B. 14% C. 13% D. 11%

Answer: Option (D)
Explanation: According to the Insurance Regulatory and Development Authority of India (IRDAI) data, after a very low growth phase, life and non-life premium income of insurance companies have registered substantial growth in the financial year 2019. Life insurer's premium income grew 11% in FY19 over 2018 and non-life insurance firms witnessed a 13% rise in their total premium income to Rs 1.70 lakh crore in the financial year ended March 2019. 25 are general insurers: whose collective gross premium in 2018-19 was Rs 1.50 lakh crore, up by around 13% from Rs 1.33 lakh crore in 2018. 7 are standalone private sector insurers: they had a rise of 37% in their combined premium to Rs 11,368.82 crore in the financial year ended March 2019, against Rs 8,314.27 crore in 2018. 2 are government-owned specialized insurers: among them, Agricultural Insurance Company of India and ECGC Ltd registered a dip of 7.75% in premium at Rs 8,425.75 crore during the fiscal ended March 2019, as against Rs 9,133.78 crore in 2018.
2. Which stock market overtakes Japan to become the world's 3rd largest according to Bloomberg?

A. Toronto Stock Exchange, Canada B. London Stock Exchange, United Kingdom C. Hang Seng Index, Hong Kong D. Tokyo Stock Exchange, Japan

Answer: Option (C)
Explanation: The stock market of Hong Kong has surpassed Japan to become the world's third most valuable market. Now Hong Kong's stock market is behind the US and China. Hong Kong's market value stood at $5.78 trillion, surpassing Japan's market value at $5.76 trillion tallies for the first time since 2015. Hong Kong's Hang Seng Index has increased by 17 percent this year. Topix Index of Japan advanced at 8.3 percent in this period.
3. Indian Government granted Rs __________ to build a maternity hospital in Nepal's Siraha district.

A. 25.40 million Nepali Rupees B. 20.70 million Nepali Rupees C. 26.90 million Nepali Rupees D. 28.60 million Nepali Rupees

Answer: Option (C)
Explanation: The Chandra Narayan Yadav Memorial Maternity Hospital built on an Indian grant of Nepalese Rupees 26.90 million, was inaugurated by Ambassador of India to Nepal, Manjeev Singh Puri. The hospital has been built under the Government of India's Small Development Projects Scheme. The hospital is being run by the Chandra Narayan Yadav Memorial Trust under the principle of no profit/no loss basis. The 25-bedded maternity hospital will provide maternity and health care services to the people of 50 village development committees (VDC) in and around the district of Siraha. The hospital is equipped with ultrasound facilities, a blood bank, an emergency room, ICU, CCU, major OT, a minor OT, and other basic facilities.
4. Union government retained the interest rate for the General Provident Fund (GPF) at ___________ % for the first quarter of the current financial year 2019-2020.

A. 9% B. 5% C. 8% D. 12%

Answer: Option (C)
Explanation: Union government retained the interest rate for General Provident Fund (GPF), Contributory Provident Fund and other related schemes at 8% for the first quarter of the current financial year 2019-2020. The interest rate on these funds was at 8% in the January-March quarter of 2018-19 and government kept it unchanged for April to June for 2019-20. The Department of Economic Affairs, in a notification, the mentioned interest rate will be applicable on provident funds of central government employees, railways and defense forces.
5. IMF Cuts India's GDP Growth Forecast is __________.

A. 7.3% B. 7.4% C. 7.2% D. 7.5%

Answer: Option (A)
Explanation: The International Monetary Fund (IMF) cut its economic growth forecasts for India by 20 basis points (bps) each from its January predictions to 7.3% for FY20 and 7.5% for the next fiscal. Citing persistent risks from the trade war, it lowered 2019 global growth forecast by 20 basis points to 3.3%, the weakest since 2009 when the subprime crisis had flared up.
Awards and Recognition
1. Who among the following has been honored with the Social Entrepreneur Of The Year 2018?

A. Akanksha Hazari B. Trilochan Shastry C. Harish Hande D. Prema Gopalan

Answer: Option (D)
Explanation: Prema Gopalan, a founder of Swayam Shikshan Prayog (SSP), was awarded the 8th Social Entrepreneur of the Year award, 2018, for her work in promoting women's entrepreneurship at the grassroots and ensuring rural livelihood. Working in the areas affected by global climate change, Gopalan has helped women farmers, entrepreneurs and grassroots business leaders, who are solving the problems of their communities through small businesses.
2. Name of the musician who won the special lifetime achievement award from the Music Academy?

A. Lalgudi G Jayaraman B. Kamala Lakshminarayanan C. Hariprasad Chaurasia D. Vikku Vinayakram

Answer: Option (D)
Explanation: Ghatam maestro Vikku Vinayakram has recently won the special lifetime achievement award from the Music Academy in Chennai, Tamil Nadu. Vinayakram is one of the best-known faces of percussion from South India. He plays Carnatic music with the ghatam (an earthen pot) and is credited with popularising the ghatam. This award does not fall under the institution's annual recognition and honors. It is conferred once in a while to artists of outstanding caliber who the Music Academy feels deserve an independent recognition.
3. Which university has been named as the World's Most Innovative University?

A. Massachusetts Institute of Technology B. University of Washington C. Stanford University D. University of Washington

Answer: Option (C)
Explanation: Stanford University has been named the World's Most Innovative University for the fourth consecutive year in Reuters' ranking of World's Most Innovative Universities. This list ranks educational institutions based on new technologies they have invented and new markets and industries they have powered. Stanford University is followed by Massachusetts Institute of Technology, Harvard University, University of Pennsylvania.
4. Which among the following won the 2018 ISSA Good Practice Award?

A. UPSC B. SSC C. EPFO D. ESIC

Answer: Option (D)
Explanation: The Employees' State Insurance Corporation (ESIC) has won the 'ISSA Good Practice Award' for Administrative Solution for Coverage Extension at the "Regional Social Security Forum for Asia and the Pacific" held at Kuala Lumpur, Malaysia. The award recognizes the measures taken by ESIC for extension of coverage-SPREE (Scheme for Promoting Registration of Employers and Employees), reduced rate of contribution rates for 24 months in newly implemented areas and raising the wage limit for coverage under the ESI Act, etc.
5. William D. Nordhaus and Paul M. Romer clinched the 2018 Nobel Prize in __________.

A. Chemistry B. Physiology C. Medicine D. Economic Science

Answer: Option (D)
Explanation: The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 to William D. Nordhaus "for integrating climate change into long-run macroeconomic analysis" and Paul M. Romer "for integrating technological innovations into long-run macroeconomic analysis".

Banking Terms
1. Name of the financial company that launched a unique proposition to pay electricity bill on EMIs.

A. SBI Capital Markets B. Bajaj Finserv C. Birla Global Finance Limited D. LIC Finance Limited

Answer: Option (B)
Explanation: A unique proposition to pay electricity bill on EMIs launched by Bajaj Finserv through its lending arm Bajaj Finance Ltd. through the campaign of #BijliOnEMI. Customers can avail an Insta Credit loan in their Bajaj Finserv Wallet to pay their electricity bills on EMI. Bajaj Finance Ltd. financed the purchase of over 12 lakh air conditioners across our country in the year 2018. Bajaj Finance Ltd launched this campaign and customers buying air conditioners of Rs 20,000 and above will be eligible for Rs 5000 Instant Credit loan and for the air conditioners above Rs 40,000 will receive Rs 7000 Instant Credit loan to their Wallet.
2. According to the Reserve Bank of India, bank credit rose to __________ percent for the fortnight to March 29?

A. 13.24% B. 11.42% C. 12.31% D. 14.21%

Answer: Option (A)
Explanation: According to the data of Reserve Bank of India, which was released on 11th April 2019, bank credit rose 13.24% to Rs 97.67 lakh crore for the fortnight to March 29. This is the second consecutive robust credit growth after the same had declined to 4.54 percent in FY17 at Rs 78.41 lakh crore, which was the lowest for 5 decades. Deposits have grown by 10.03 percent to Rs 125.72 lakh crore during the same period.
3. As per Forbes World's Best Bank survey, which bank has been identified as number 1 bank by customers in India?

A. Axis Bank B. SBI Bank C. HDFC Bank D. ICICI Bank

Answer: Option (C)
Explanation: HDFC Bank has been identified as number 1 bank by customers in India, as per Forbes World's Best Bank survey. In the first edition of this survey, Forbes partnered with market research firm Statista to measure the best banks in 23 countries. HDFC Bank emerged as India's No 1 bank. ICICI Bank was at number 2 and SBI was surprisingly ranked 11th in the list. Customers were asked to rate banks on overall recommendation and satisfaction, as well as 5 key attributes or 'sub-dimensions' namely trusts, terms & conditions, customer services, digital services, and financial advice.
4. Which bank partners with CreditVidya to leverage customer experience?

A. Punjab National Bank B. RBL Bank C. Yes Bank D. Citiban

Answer: Option (B)
Explanation: RBL Bank has partnered with CreditVidya to enhance the lender's customer experience (by offering them relevant credit products) and construct customized offerings for over 15 lakh customers. RBL bank had first partnered with CreditVidya in 2018 for instant and automated verification of employment details of salaried card applicants. RBL Bank will leverage CreditVidya's big data underwriting platform across its credit card and mobile banking apps. CreditVidya helps lenders, wallets assess the risk of customers, leverages alternative data, artificial intelligence (AI) and machine learning for credit scoring for the facilitation of institutional credit for the underserved.
5. PAISANO Digital Limited signed the first co-origination loan agreement with which among the following bank?

A. Axis Bank B. HDFC Bank C. State Bank of India D. Yes Bank

Answer: Option (C)
Explanation: PAISANO Digital Limited signed the first co-origination loan agreement with State Bank of India (SBI). This is the first agreement of its kind in the country that State Bank of India has signed. The agreement was signed with a vision of empowering the AGRI, MSME segment and small businesses. The loan ticket is designed at Rs.10,000 to 2 lakh. The company expects to disburse 200,000 loan applications in FY20. PAISANO Digital Limited is a leading systemically important non-deposit taking NBFC. It is registered with the Reserve Bank of India, in operations since 1992.
Banking and Finance
1. Which one is not the part of Migration to new capital adequacy framework based on the three pillar approach namely?

A. Minimum capital requirement B. Supervisory review C. Market discipline D. Bookkeeping

Answer: Option (D)
2. Which was the first Bank to be established in 1148?

A. SBI B. CBI C. Reserve Bank D. Casa De SanGiorgio

Answer: Option (D)
3. Italian money lenders were known as Bianchi or Banacheri because

A. They had a lot of money B. They had a money bank C. They kept a special type of table to transact their business D. All of the above

Answer: Option (B)
4. Which of the following are the objectives and functions of IDBI?

A. To provide technical and administrative assistance for promotion or expansion of the industry B. To undertake market and investment research and surveys as also technical and economic studies in connection with the development of the industry. C. To act as lender of last resort and to finance projects that are in conformity with national priorities D. All of these

Answer: Option (D)
5. Banks can avail refinance against loans made to industrial units from

A. DICGC B. NABARD C. ECGC D. IDBI

Answer: Option (D)
Financial Terms
1. Which method of capital budgeting called benefit cost ratio?

A. Payback period method B. Net present value method C. Payout period method D. Profitability Index method

Answer: Option (D)
2. Which is the determinants of Capital Structure?

A. Government Policy B. Control C. Tax D. Requirement of Investors

Answer: Option (A)
3. The significance of capital budgeting arises mainly due to the

A. Complicacies of Investment decisions B. Irreversible in nature C. Large Investment D. All of the above

Answer: Option (D)
4. Which is the traditional method of Capital budgeting?

A. Accounting Method B. Payout Method C. Payback Method D. All of the above

Answer: Option (D)
5. Profit maximization is

A. It is an indicator of economic efficiency B. The primary objective of the business C. Measurement of Success of business decisions D. All of the above

Answer: Option (D)
People in the News
1. With which country, India agree to Strengthen Bond in Security and Defence Spheres?

A. Nepal B. Sri Lanka C. Bhutan D. Mauritius

Answer: Option (B)
Explanation: India and Sri Lanka have agreed to enhance collaboration in security and defense spheres in several fields, including regional security, controlling drug smuggling and human trafficking. Defence Secretary of India Sanjay Mitra and Sri Lankan President Maithripala Sirisena's meeting in Colombo resulted in this agreement. Sirisena requested to expand the number of trainers from India and Defence Secretary agreed to look into the probability of intensifying training facilities.
2. Google Launches its 1st Drone Delivery Service in which country?

A. Germany B. Canada C. India D. Australia

Answer: Option (D)
Explanation: Google parent Alphabet has beaten Amazon to launch one of the first commercial drone delivery businesses. Alphabet made its first delivery in Canberra after getting approval from the country's civil aviation authority. Wing, the company's drone delivery arm, was testing drone delivery in Australia since 2014 and delivered medicines, chocolate to 3,000 homes in the last 18 months.
3. Bold Kurukshetra-2019 is a joint Military Exercise between India and which of the following country?

A. Sri Lanka B. Singapore C. Philippines D. New Zealand

Answer: Option (B)
Explanation: Military forces of India and Singapore got together to participate in a joint exercise in Babina Cantonment in Jhansi. The three-day exercise, 'Bold Kurukshetra-2019', is being conducted to develop military technology, boost maritime security and bolster the nations' fight against terrorism.
4. Where did the 17th MENA World Economic Forum held?

A. Morocco B. Kuwait C. Jordan D. Turkey

Answer: Option (C)
Explanation: The World Economic Forum in the Middle East and North Africa (MENA) took place at Jordan's Dead Sea. The forum assembled more than 1,000 government, business and civil society leaders from more than 50 countries. The forum was themed on three major visions: generating job opportunities, empowering Arab women and promoting the most intriguing startups that have joined the region's industry over the past years.
5. This country will go to polls to elect a new parliament.

A. Israel B. Turkey C. Poland D. Morocco

Answer: Option (A)
Explanation: Israel will go to polls to elect a new parliament. Fourteen main parties are competing for 120 seats in the Knesset or parliament. Prime Minister Benjamin Netanyahu is running for his fifth term in office. His main challenger is Benny Gantz, a former chief of staff for Israeli military who is a newcomer to politics. The main Voters will cast their ballots for a party, not a candidate.

Government Schemes
1. Under the Sukanya Samriddhi Yojana, the government has cut the minimum annual deposit requirement for accounts to ____ from Rs 1,000 earlier?

A. Rs. 500 B. Rs. 350 C. Rs. 250 D. Rs. 750 E. None of these

Answer: Option (C)
Explanation: Sukanya Samriddhi scheme was launched in 2015. Till November 2017, more than 1.26 crore accounts were opened across the country securing an amount of Rs 19,183 crore. Under the scheme, a parent or legal guardian can open an account in the name of the girl child until she attains the age of 10 years. As per the scheme, the account will be valid for 21 years from the date of opening, after which it will mature and the money will be paid to the girl child in whose name the account has been opened. The minimum deposit that needs to be made every year is now Rs 250, while the maximum is Rs 1.50 lakh.
2. Which state has been named first among states for its performance under the Pradhan Mantri Surakshit Matritav Abhiyan (PMSMA) in India?

A. Madhya Pradesh B. Himachal Pradesh C. Tamil Nadu D. Uttar Pradesh E. None of these

Answer: Option (B)
Explanation: Union Health Minister Jagat Prakash Nadda presented the award and it was received by Additional Chief Secretary, Health, BK Agarwal on behalf of Himachal Pradesh, at an event in New Delhi. Himachal Pradesh has been given this award for bringing a maximum number of women for an ante-natal check-up to the PMSMA clinics. Himachal Pradesh government had launched PMSMA in August 2016. Nearly 495 clinics were established in which ante-natal check-ups were conducted by doctors. Out of 1,28,058 women registered between August 2016 to May 2018, 87,414 (68.26%) were successfully brought to the special PMSMA clinics for an antenatal check-up.
3. On July 4, 2018, which state government announced Mukhyamantri Jan Kalyan (Sambal) Yojana 2018 (a scheme to provide subsidized power)?

A. Maharashtra B. Madhya Pradesh C. Tamil Nadu D. Rajasthan E. None of these

Answer: Option (B)
Explanation: Power connection under the Mukhyamantri Jan Kalyan (Sambal) Yojana would be provided free of cost to the beneficiaries. Over 1 crore 83 lakh workers registered under Sambal Yojana in the state till now. Registered laborers of the unorganized sector and Below Poverty Line (BPL) families would be provided electricity at a cost of Rs 200 per month. In case the bill is lower than Rs 200, the beneficiary will have to pay the actual bill amount and an instance of the bill amount crossing Rs 200, the difference amount would be subsidized by the state government.
4. On July 12, 2018, Niti Aayog has proposed a 15-point action plan named “_____” for combating air pollution in ten most polluted cities in India?

A. Healthy Breathing B. Breathe India C. Pure Breathing D. Healthy Breathing E. None of these

Answer: Option (B)
5. On July 10, 2018, the Energy Minister of which state government announced that the state government will launch “one farmer one transformer” scheme for the farmers from August 2018?

A. Madhya Pradesh B. Maharashtra C. Kerala D. Gujarat E. None of these

Answer: Option (B)
Explanation: The scheme is called “one farmer one transformer”.It will be launched on 15th August,2018. The objective of the scheme is to reduce electricity losses. Two lakh farmers will be given electricity connection for high voltage distribution line which will ensure uninterrupted power supply.
Sports News
1. Abhishek Verma won the gold medal at __________ air pistol in the ISSF World Cup.

A. 10m B. 20m C. 30m D. 50m

Answer: Option (A)
Explanation: Abhishek Verma won the 10m air pistol gold medal at the ISSF World Cup at Beijing, China. He clinched the top spot with a total score of 242.7. Russia's Artem Chernousov took silver. His brilliant performance in the Shooting World Cup Final also secured a fifth Olympic quota for India.
2. Which space agency has revealed that Mercury has a massive solid inner core?

A. NASA B. CNES C. ISRO D. JAXA

Answer: Option (A)
Explanation: Scientists have long been known that Mercury and the Earth have metallic cores. Like Earth, Mercury's outer core is composed of liquid metal, but there have only been hints that Mercury's innermost core is solid. Now, in a new study, scientists from NASA's Goddard Space Flight Center in Greenbelt, Maryland have found evidence that Mercury's inner core is indeed solid and that it is very nearly the same size as Earth's inner core. To explore what the core of Mercury is made of the science team used several observations from the NASA's MESSENGER (Mercury Surface, Space Environment, GEochemistry, and Ranging) mission looking at the planet's spin and gravity. The findings of Mercury's solid inner core not only help scientists better understand Mercury but also offer clues about how the solar system formed and how rocky planets change over time. The study is published in Geophysical Research Letters.
3. Who won 2019 Santosh Trophy in Ludhiana?

A. Goa football team B. Services team C. Railways football team D. Kerala football team

Answer: Option (B)
Explanation: Services won their sixth Santosh Trophy title with a 1-0 victory over Punjab, at Ludhiana. In the semi-finals earlier, eight-time champions Punjab had defeated five-time winners Goa 2-1 to enter their 15th final. Services beat Karnataka 4-3 in the semis via a penalty shootout to book a place in the title clash for the 11th time. The 2018-19 Santosh Trophy was the 73rd edition.
4. Name of the Olympic athlete who was banned for 4 years for doping.

A. Asbel Kiprop B. Nick Willis C. Elijah Manager D. Mo Farah

Answer: Option (A)
Explanation: The International Association of Athletics Federation Disciplinary Tribunal (IAAF) has banned the 2008 Olympic 1,500m champion and 3-time world champion Asbel Kiprop of Kenya for 4 years for doping until February 2022. Kiprop was suspended by IAAF's Athletes Integrity Unit (AIU) in May 2018 after having tested positive to blood-boosting Erythropoietin (EPO) in an out-of-competition test in Kenya in November 2017. His backup "B" sample also tested positive for EPO. Asbel Kiprop was awarded gold medal in the 2008 Beijing Olympics after race winner Rashid Ramzi from Bahrain failed a doping test and had his medal taken off.
5. Which team has emerged as champions of the 2nd edition of Hero Super Cup 2019?

A. FC Goa B. Chennaiyin FC C. Bengaluru FC D. Jamshedpur FC

Answer: Option (A)
Explanation: FC Goa, nicknamed as 'Gaurs', emerged as champions of the 2nd edition of Hero Super Cup 2019 after beating Chennaiyin FC 2-1 at the Kalinka Stadium in Bhubaneswar. Goa lifted their first ever Trophy .19-year-old Goa Goalkeeper Mohammad Nawaz has been named as Hero of the Match. In six years of existence, FC Goa accounted for two Indian Super League semi-finals and two finals and then in their first Super Cup final, they conquered their first trophy.
Political News
1. Which of the following party formed the 15th National Assembly in Pakistan?

A. National Party B. Pakistan Peoples Party C. Pakistan Muslim League-Nawaz D. Pakistan Tehreek-e-Insaf

Answer: Option (D)
Explanation: Pakistan's 329 newly-elected members, including Imran Khan, of the National Assembly took the oath on 13th August. Imran Khan is all set to form the next government, only the second democratic transition of power in the country. Speaker Ayaz Sadiq administered the oath to the leaders in the 342-member house. Imran Khan and other prominent leaders including Shahbaz Sharif, Bilawal Bhutto-Zardari and former President Asif Ali Zardari also took the oath. The maiden session of the 15th National Assembly, the lower house of Parliament, happened after the swearing of the members. The PTI's final tally reached 158 after it was allotted 28 out of 60 seats reserved for women and 10 seats reserved for minorities.
2. A famous person, David Douglas Duncan was passed away in France. He belongs to the profession of;

A. Lyricist B. Animation C. Photography D. Writer

Answer: Option (C)
Explanation: David Douglas Duncan, a photographer who changed the role of war photography by projecting the sufferings of soldiers in Korea and Vietnam, passed away after suffering from a lung infection, in France. He became a combat photographer during World War II. His major was during the Korean War. He released those photos as a book named This is War!. He donated the earnings from that to widows and orphans of soldiers.
3. Who is selected as the 14th President of India?

A. Ram Nath Kovind B. Suresh Kumar C. Rajesh kumar D. Meira kumar

Answer: Option (A)
Explanation: National Democratic Alliance (NDA) candidate and former Bihar Governor Ram Nath Kovind will be India's 14th President of the country. He defeated opposition's Meira Kumar, a former Lok Sabha speaker, winning more than 65 percent of the votes in the Electoral College. A total of 32 polling stations including the one in Parliament House was set up in various states and a total number of 4,896 electors, 4,120 MLAs and 776 elected MPs are eligible to cast their ballot.
4. Which ministry launched the Talent Hunt for artists and give them a platform to showcase their talent on the national stage?

A. Minister of Environment and climate change B. Ministry of culture and tourism C. Ministry of Skill Development and Entrepreneurship D. Ministry of Labour and Employment

Answer: Option (B)
Explanation: Minister of culture and tourism Mahesh Sharma launched the National Mission on Cultural Mapping of India in the city. Under the mission, the government will hold a "talent hunt" for artists of various genres and give them a platform to showcase their talent on the national stage. The artists can register themselves on the cultural mapping portal, after which they will be given a unique ID.
5. Who approves 20 lakh houses for urban poor approved under PM Awas Yojna recently?

A. Shri Venkaiah Naidu B. Shri Arun Jaitley C. Shri Naveen Patnaik D. Shri Suresh Menon

Answer: Option (A)
Explanation: Union Minister M. Venkaiah Naidu approved the construction of over 20 lakh affordable houses for urban poor in 4,720 cities and towns under the Pradhan Mantri Awas Yojna. The goal of ensuring housing for all by 2020 as a "challenging task" and expected the political and administrative leadership in the State Governments.
General Knowledge
1. Mohiniattam dance from developed originally in which state?

A. Tamil Nadu B. Orissa C. Kerala D. Karnataka

Answer: Option (C)
2. Which of the following folk dance forms is associated with Gujarat?

A. Nautanki B. Garba C. Kathakali D. Bhangra

Answer: Option (B)
3. Which of the following Akademis is responsible for fostering the development of dance, drama, and music in India?

A. National School of Drama B. Sangeet Akademi C. Sahitya Akademi D. Lalit Kala Akademi

Answer: Option (B)
4. The Rath Yatra at Puri is celebrated in honor of which Hindu deity

A. Ram B. Jagannath C. Shiva D. Vishnu

Answer: Option (B)
5. The book of Parsis is

A. Torah B. Bible C. Zend Avesta D. Gita

Answer: Option (C)