1. How long do banks have to phase out the effect of increased provisions on Common Equity Tier I capital under the new framework proposed by RBI?
Answer: Up to five years.
2. Which festival is celebrated at Medaram, known as the largest gathering of tribal people in the world?
Answer: Sammakka Saralamma Jatara.
3. What was the Purchasing Managers’ Index (PMI) for India’s services sector in September 2023?
Answer: 61.
4. What percentage of Gross Value Added (GVA) does the services sector hold in India?
Answer: 54%.
5. How many experts are there in the working group formed by RBI for the expected credit loss framework?
Answer: Eight.
6. Who financed and constructed Bangladesh’s Rooppur nuclear power plant?
Answer: Russia’s Rosatom.
7. What is the expected electricity generation capacity of the Rooppur power plant in Bangladesh?
Answer: 2,400 megawatts.
8. Which country recently announced the successful testing of the Burevestnik nuclear-powered missile?
Answer: Russia.
9. Who inaugurated India’s first high-tech sports training center for Divyangjan (persons with disabilities) named after former Prime Minister Shri Atal Bihari Vajpayee?
Answer: Narendra Modi.
10. What is the NATO reporting name for the Burevestnik missile?
Answer: Skyfall