1.Indian Prime Minister Narendra Modi and Bangladesh PM Sheikh Hasina have inaugurated the India-Bangladesh Friendship Product Pipeline Project. The pipeline will connect Siliguri in which Indian state and Parbatipur in Dinajpur district of Bangladesh?
1) Odisha
2) Manipur
3) Assam
4) West Bengal
5) None of these
Answer – 4) West Bengal
Explanation:
On September 18, 2018, Prime Minister Narendra Modi and PM of Bangladesh Sheikh Hasina inaugurated the construction of India-Bangladesh Friendship Product Pipeline Project. This is in accordance to the MOU signed between the 2 countries in April during Foreign Secretary Vijay Gokhale’s visit to Dhaka. The estimated project cost will be 346 crore rupees and it will be completed in 30 months time. It is a 130-kilometre pipeline that will connect Siliguri in West Bengal in India and Parbatipur in Dinajpur district of Bangladesh. The capacity of the pipeline will be 1 million metric tons per annum.
2.Which country approved a draft agreement with India for port usage of Chittagong and Mongla ports, on 18thSeptember 2018?
1) Nepal
2) Myanmar
3) Bangladesh
4) China
5) None of these
Answer – 3) Bangladesh
Explanation:
On September 18, 2018, Bangladesh Cabinet approved a draft agreement with India for port usage of Chittagong and Mongla ports. This would enable New Delhi to use the ports for the movement of goods to and from northeast India. It would be according to the rules of General Agreement on Tariffs and Trade (GATT). Nepal and Bhutan has also been approved to join the team. Also, under the agreement only Bangladeshi vehicles and vessels would be used to carry the goods inside Bangladesh. The Bangladeshi authorities would use tracking systems like global positioning system (GPS), e-lock and e-seal to identify the goods carrying vessels.
3.Which of the following payment company received approval from Reserve Bank of India (RBI) to operate its own non-banking financial company (NBFC), on 17th September 2018?
1) PayU India
2) Indi Pay
3) Money Pay
4) Naggle Pay
5) None of these
Answer – 1) PayU India
Explanation:
On September 17, 2018, Reserve Bank of India (RBI) approved PayU India to operate its own non-banking financial company (NBFC). The approval from the central bank is subject to “certain pending RBI compliance”. It has already crossed Rs 100 crore ($16 million) mark for credit issuance. The company has spent about $265 million over the past five years in India. Its payment facility called LazyPay witnessed around 10,000-11,000 transactions per day. In September 2016, the company had acquired Citrus Pay for $130 million.
4.Defence Acquisition Council (DAC), chaired by Defence Minister Nirmala Sitharaman approved the procurement of equipment for the Defence Forces worth _____ rupees, on 18th September 2018?
1) Rs 9,100 crores
2) Rs 5,690 crores
3) Rs 8,900 crores
4) Rs 7,907 crores
5) None of these
Answer – 1) Rs 9,100 crores
Explanation:
On September 18, 2018, the Defence Acquisition Council (DAC), chaired by Defence Minister Nirmala Sitharaman approved the procurement of equipment for the Defence Forces worth Rs 9,100 crores. This would include:
• An procurement of two Regiments of Akash Missile Systemsunder ‘Buy (Indian)’ category from M/s BDL,
• Design and Development of Individual Under Water Breathing Apparatus (IUWBA) for T 90 Tanks and
• Design and Development of Test Equipment for Guided Weapons System of T 90 Tank.
The Akash Missile is an upgraded version of Akash missiles and will have 360 degree coverage and seeker technology. The IUWBA has been developed by DRDO Lab DEBEL.
5.Who was awarded the ‘Mexican order of the Aztec Eagle’ by Her Excellency Ms. Melba Pría, Ambassador of Mexico to India on the eve of 128th National Day of Mexico, on 17th September 2018?
1) Dr. Raghuram Rajan
2) Dr. Raghupati Singhania
3) Preethi Haiden
4) Mellissa John
5) None of these
Answer – 2) Dr. Raghupati Singhania
Explanation:
On September 17, 2018, Dr. Raghupati Singhania was awarded the ‘Mexican order of the Aztec Eagle’ by Her Excellency Ms. Melba Pría, Ambassador of Mexico to India on the eve of 128th National Day of Mexico. It is the highest honour given to non-nationals by the Government of Mexico. He is the Chairman & Managing Director, JK Tyre & Industries Ltd. He was awarded for his exemplary leadership, his noteworthy services towards humanity and his efforts to strengthen bilateral ties between India and Mexico.
