Appointments - General awareness questions on current affairs

1)   Who has been made a member of two IOC governing body commissions?
- Published on 27 Apr 17

a. Tina Ambani
b. Nita Ambani
c. Kiran Mazumdar-Shaw
d. Anu Aga
Answer  Explanation 

ANSWER: Nita Ambani

Explanation:
Nita Ambani has been made member of two important commissions of IOC’s governing body.

She has been made as a member of the prestigious Olympic channel and Olympic education Commission.

Nita Ambani already holds the distinction of being India’s first woman International Olympic Committee member.

She was elected as an individual member of International Olympic Committee (IOC) last year.

She will serve the IOC till she turns 70. IOC has announced the composition of 26 commissions for 2017.

The composition of the IOC commissions for 2017 has seen a 70% increase in female participation since September 2013.

The commissions have also been constituted to reflect a broader geographical representation and include a number of new faces.

Nita Ambani has replaced International Paralympic Committee President Philip Craven to be one of the 16 members of the Olympic Channel Commission headed by United States Olympic Committee Chairman Lawrence Francis Probst.

Olympic Channel: Know More

  • The Olympic Channel is a digital channel which is estimated to cost about USD 600 million over the first seven years.
  • It was launched last year during Rio Games.
  • The channel aims to promote Olympic sports and values all round the year.
  • The channel is based in Madrid.
Nita Ambani: Know More
  • Nita Ambani is also named in the 24-member Olympic Education Commission headed by Barry John Maister of New Zealand.
  • She is the chairperson and founder of Reliance Foundation and a non-executive director of Reliance Industries.
  • Forbes Magazine has adjudged Nita Ambani as the most influential women business leaders in Asia for the year 2016.
  • She is the wealthiest woman in India


2)   Who has been appointed CEO of Airline Equity Partners?
- Published on 27 Apr 17

a. Bruno Kamark
b. Bruno Matheu
c. Robin Matheu
d. Robin Kamark
Answer  Explanation 

ANSWER: Robin Kamark

Explanation:
Etihad Aviation Group on 24 April 2017 appointed Robin Kamark as Chief Executive Officer (CEO) of Airline Equity Partners.

Kamark will take over the position from Bruno Matheu, who has held the role since May 2016.

He will be responsible for leading and developing the Group’s minority equity investment strategy, which includes stakes in airberlin, Alitalia, Jet Airways, Air Serbia, Air Seychelles, Etihad Regional and Virgin Australia.

Robin Kamark is a 17-year veteran of the airline industry.

He rose through a range of strategy, commercial and general manager roles at SAS Group to become Chief Commercial Officer.

For the last five years, he has been Executive Vice President and Chief Commercial Officer of Storebrand ASA.

Etihaad: Know More

  • The Airways is the second - largest airline of the UAE after Emirates.
  • Its head office is in Khalifa City, Abu Dhabi.
  • Etihad commenced operations in November 2003.
  • Since July 2016, the airline operates more than 1000 flights per week to over 120 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and the Americas.
  • Since October 2016, Etihad Airways is rated as one of a small number of 5-star airlines by Skytrax.


3)   Which office has seen the appointment of an RBI ombudsman?
- Published on 21 Apr 17

a. Jammu
b. Delhi
c. Both of the above
d. Punjab
Answer  Explanation  Related Ques

ANSWER: Both of the above

Explanation:
The Reserve Bank has opened a new ombudsman office in Jammu as part of its efforts to expand banking grievances complaint cells across the country. E

Earlier, the banking services related complaints from entire Jammu & Kashmir used to fall under the jurisdiction of New Delhi-I banking ombudsman office.

There are two banking ombudsman offices in New Delhi.

There has been a significant increase in banking network during the recent past and the New Delhi office covers a large jurisdiction.


4)   Who has been appointed the new Railways Financial Commissioner on 17th April?
- Published on 21 Apr 17

a. BN Mohapatra
b. BN Das
c. BN Singh
d. BN Mehra
Answer  Explanation 

ANSWER: BN Mohapatra

Explanation:
B N Mohapatra on 17 April 2017 took over as the new Financial Commissioner (FC) (Railways) and ex-officio Secretary to the Government of India.

The Financial Commissioner of Railways plays an important role in allocation of funds and for all expenses and revenues of the Railways.

Born on 15 January 1958, B N Mohapatra is an officer of Indian Railway Accounts Service (IRAS) of 1980 batch.

He completed his graduation in LLB and post graduation in Political Science.

During his career, he worked on various higher and middle level management posts in the Indian Railways.

He worked in various capacities in Khurda Road, Chakradharpur, Kharagpur, Bilaspur Railway Divisions and also in South Eastern Railway Headquarters at Garden Reach, Kolkata.


5)   Who has been appointed MD and CEO of LIC Housing Finance?
- Published on 21 Apr 17

a. Vinay Modi
b. Vinay Patel
c. Vinay Majumdar
d. Vinay Shah
Answer  Explanation  Related Ques

ANSWER: Vinay Shah

Explanation:
Life insurance Corp of India has appointed Vinay Shah as the new managing director and chief executive director of its mortgage loan arm and listed entity LIC Housing Finance, after government elevates Sunita Sharma to managing director of LIC earlier this week.

Shah was executive director.

Shah has been with LIC since 1983. Prior to this assignment, he was executive director marketing. He took over the business as ED in April 2015.

He has looked after areas of new product launches in the last two years. He was zonal manager western zone.

The housing finance company had grown profit by 19.2% during the third quarter.

It has strong asset quality. However, in the past few quarters, developer loan segment has been growing faster than the retail loan growth.


6)   Which is India's largest hotel network?
- Published on 14 Apr 17

a. Taj
b. Oberoi
c. OYO
d. None of the above
Answer  Explanation 

ANSWER: OYO

Explanation:
India's largest hotel network OYO on April 13, 2017 announced the appointment of Suvesh Malhotra as VP-Engineering.

As part of OYO's technology leadership team, Suvesh will work on building technology as a core differentiator to deliver a best-in-industry user experience.

In this role, he will oversee OYO's consumer technology including consumer experience, ordering and payment platforms and data analytics to design and deliver solutions to meet evolving consumer needs.

Suvesh joins OYO from Amazon.com where he was leading technology for BuyVIP, a flash sales e-commerce platform.

A seasoned tech professional with 12 years of experience, Suvesh has a proven track record in implementing technology solutions for various businesses.

He is experienced in working on large-scale ecommerce platforms, distributed systems, machine learning based systems, mobile apps, social networking platforms and IoT technologies.

OYO in talks for partnerships with realty players

He was formerly the CTO of Stepout - India's largest social discovery platform. He has also worked with homeshop18 and Oracle in the past.


7)   Who has been named MD and CEO of Karnataka Bank?
- Published on 14 Apr 17

a. P Jayarama Bhat
b. Mahabaleshwara MS
c. Madahvan MS
d. Mahadevan MS
Answer  Explanation 

ANSWER: Mahabaleshwara MS

Explanation:
Karnataka Bank Ltd has announced top-level management changes with the present Managing Director and Chief Executive Officer (MD and CEO) of the bank, P Jayarama Bhat, assuming the charge of part-time non-executive Chairman of the bank on Apr 12, 2017.

The Chief General Manager of the bank, Mahabaleshwara MS, who is appointed as MD and CEO of the bank, will assume office on April 15.

The board of directors of the bank appointed Mahabaleshwara as MD and CEO of the bank for a period of three years from the date of assuming charge, as per the approval received from Reserve Bank of India (RBI).

This was in accordance with the board’s earlier recommendation.

The board appointed Jayarama Bhat as the new Chairman of the bank, as per the approval received from RBI, in pursuant of the board’s earlier recommendation to this effect.

The Chairman’s post was vacant since October 26 on retirement of Ananthakrishna. Jayarama Bhat assumed charge as part-time non-executive Chairman of the bank on Wednesday.

Jayarama Bhat had taken the reigns of the bank as MDand CEO on July 14 2009. Initially appointed for three years, he got extension for two terms up to July 13 2018.

Karnataka Bank: Know More

  • Headquarters: Mangalore
  • CEO: Polali Jayarama Bhat (14 Jul 2009)
  • Founded: 1924
  • Motto: Your family bank. Across India
  • Number of employees: 7,669


8)   Who has been appointed the UNDP administrator w.e.f April 13, 2017?
- Published on 14 Apr 17

a. Achim Steiner
b. Segolene Royal
c. Antonio Guterres
d. None of the above
Answer  Explanation  Related Ques

ANSWER: Achim Steiner

Explanation:
UN chief Antonio Guterres has named a German with extensive experience at the world organization, Achim Steiner, as the new administrator of the UN Development Programme (UNDP).

Steiner, who previously served at the UN Environment Programme and headed the UN office in Kenya, was selected to succeed Helen Clark, a former New Zealand prime minister, who has steered the UNDP since 2009.

Headquartered in New York City, the UNDP seeks to reduce poverty, improve social development and encourage women’s empowerment.

One of the candidates passed over for the post included French Environment Minister Segolene Royal, who said she was surprised because Guterres had promised a woman would take the job.

She intimated that Germany used its weight as a major UNDP donor to have Steiner chosen.

Headquartered in New York City, the UNDP seeks to reduce poverty, improve social development and encourage women’s empowerment.

Achim Steiner belongs to Germany who previously served at the UN Environment Programme and headed the UN office in Kenya.


9)   Who took charge as whole time IBBI member on April 13, 2017?
- Published on 14 Apr 17

a. Mukulita Das
b. Mukulita Sen
c. Mukulita Vijayawargiya
d. None of the above
Answer  Explanation  Related Ques

ANSWER: Mukulita Vijayawargiya

Explanation:
Mukulita Vijayawargiya today took charge as a whole time member of the Insolvency and Bankruptcy Board of India (IBBI).

She would look after the administrative law wing.

She will also look after Information Technology, Limited Insolvency Examination, National Insolvency Examination, Finance and Accounts and Communication,.

Vijayawargiya was a member of Bankruptcy Law Reforms Committee (BLRC) based on which, the Insolvency and Bankruptcy Code has been framed.

Dr. (Ms.) Vijayawargiya was a member of Bankruptcy Law Reforms Committee (BLRC) based on which, the Insolvency and Bankruptcy Code, 2016 has been framed.

She played a key role in drafting the Insolvency and Bankruptcy Code, 2016 as Additional Secretary in the Legislative Department, Ministry of Law & Justice.

Dr. Vijayawargiya served as a member of Indian Legal Service. She has vast experience of 35 years in various fields of law.

She has been associated with drafting/vetting of more than 100 legislative proposals in the legislative department.

Her previous assignment was Additional Secretary in the Legislative Department, Ministry of Law & Justice, Government of India.

She has also practiced law for a period of 6 years (1979-1985) and served as an Assistant professor at Indore for some time.

Further she has been a visiting scholar in Japan and Australia and published a number of articles in various journals and is co-author of two books.


10)   Who was appointed member of the CBDT on April 11, 2017?
- Published on 12 Apr 17

a. Ajit Kumar Srivastava
b. Shabri Bhattasali
c. Both a and b
d. Neither a nor b
Answer  Explanation  Related Ques

ANSWER: Both a and b

Explanation:
Senior bureaucrats Ajit Kumar Srivastava and Shabri Bhattasali were on April 11, 2017 appointed members of Central Board of Direct Taxes (CBDT).

This is the apex policy making body of the Income Tax department.

The role of the CBDT is to provide inputs for policy and planning of direct taxes in the country and the statutory authority also administers the direct tax laws through Income Tax Department.

The CBDT functions under the Central Board of Revenue Act, 1963.

It functions like the Financial Action Task Force (FATF), which combats money laundering and black money, and was formed by the G7 in 1989.

Srivastava and Bhattasali are Indian Revenue Service (Income Tax cadre) officers of 1980 and 1981 batch respectively.

The Appointments Committee of the Cabinet has approved their appointment as Members, CBDT, an order issued by Department of Personnel and Training said.

CBDT: Know More

  • The role of the CBDT is to provide inputs for policy and planning of direct taxes in the country.
  • It is the statutory authority which also administers the direct tax laws through Income Tax Department.
  • The CBDT functions under the Central Board of Revenue Act, 1963.


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