General knowledge quiz set 89

Correct answer is option C i.e. Baa2
Explanation:

International rating agency Moody’s Investors Service has recently upgraded the Government of India (GoI)’s local and foreign currency issuer ratings to Baa2 from its lowest investment grade (Baa3) and changed the outlook on the rating to stable from positive. Moody’s has also upgraded India’s local currency senior unsecured rating to Baa2 from Baa3 and its short-term local currency rating to P-2 from P-3. The decision to upgrade the ratings is underpinned by Moody’s expectation that continued progress on economic and institutional reforms will enhance India’s high growth potential. Though, the global ratings agency cautioned that high debt burden remains a constraint on the country’s credit profile. Moody’s has revised the sovereign rating of India a notch above investment grade after a long gap of 14 years. Interestingly, the last time the global rating has revised the rating was when the BJP government led by Atal Bihari Vajpayee was in power.

Correct answer is option B i.e. Cordon and Search Operations
Explanation:
The Indian Army has decided to re-introduce Cordon and Search Operations (CASO) as a “permanent feature” of its campaign against militants after a gap of 15 years. The CASO will be carried out in a major way in militancy-hit areas of Kulgam, Pulwama, Tral, Budgam and Shopian in south Kashmir. The Army had discontinued CASO following stiff opposition from the local population and after 2001 launched CASO only on specific intelligence-based inputs. The security establishment felt that CASO had alienated the local population from the armed forces due to difficulties people faced during such operations. The decision to re-introduce CASO as a major feature of the counter-terror operations comes against the backdrop of anger over the recent killing of young and unarmed Kashmiri Army officer Lieutenant Ummer Fayaz in Shopian by militants.

Correct answer is option D i.e. Gujarat
Explanation:

India’s first lithium-ion battery facility will be set up by Japanese automobile giant Suzuki Motor Corporation (SMC) at Hansalpur in Gujarat. The new plant will make lithium-ion batteries for hybrid car models to be sold in domestic and international markets. The facility will be set up jointly by Suzuki, Toshiba Corporation and Denso with a proposed investment of $180 million. Suzuki made this announcement during the 12th India-Japan Annual Summit at Mahatma Mandir in the presence of Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe.

Correct answer is option B i.e. Merchant Banking

Correct answer is option B

Correct answer is option A

Correct answer is option D i.e. Visakhapatnam
Explanation:

The Dredging Corporation of India Limited (DCI) is a Miniratna Indian public sector unit engaged in the business of dredging. DCI is headquartered at Visakhapatnam and it reports to the Ministry of Shipping. Recently, it is in news because a proposal for disinvestment of DCI is under consideration of the Government of India (GoI). The proposal is aimed at upgrading technology, improving capability, infusing capital to buy necessary dredgers and equipments and instilling experienced professional management to optimize the operations of DCI. This information was given by the Minister of State for Shipping and Road Transport and Highways Pon. Radhakrishnan in a written reply to a question in the Lok Sabha on July 27, 2017.

Correct answer is option B

Correct answer is option B i.e. Shahjahan