3, 4 October 2019 GK, Current Affairs Quiz, Questions

3, 4 October 2019 Current Affairs MCQs, Quiz, Questions: Current Affairs for October 2019, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

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Current Affairs Questions on 3, 4 October 2019 :
Which bank has appointed S. S. Mallikarjuna Rao as its MD and CEO?
A. Bank of Baroda(BoB)
B. State Bank of India(SBI)
C. Canara Bank
D. Punjab National Bank(PNB)
Answer: D
Explanation: On October 1, 2019, S. S. Mallikarjuna Rao was appointed as the Managing Director(MD)and Chief Executive of the Punjab National Bank(PNB). Currently serving as chief executive of the Allahabad Bank, Rao will replace Sunil Mehta of PNB and will head the Delhi based bank till September 18, 2021.

 Who has been appointed as the Executive Director for India at International Monetary Fund (IMF) ?
A. Urjit Patel
B. Surjit S Bhalla
C. Rakesh Mohan
D. Subir Gokarn
Answer: B
Explanation: On October 1, 2019, the government has appointed economist Surjit S Bhalla as the Executive Director (ED) for India on the board of the International Monetary Fund (IMF). Surjit succeeds former Reserve Bank of India (RBI) deputy governor Subir Gokarn, who passed away recently in July 2019 due to illness.

 Rajat Monga resigned recently, he was associated with which bank ?
A. Yes Bank
B. HDFC Bank
C. Axis Bank
D. Lakshmi Vilas Bank
Answer: A
Explanation: On October 3, 2019 Rajat Monga, the senior group president and former chief financial officer (CFO) of Yes Bank resigned from his post. The announcement was made by the bank’s Chief Executive Officer(CEO) Ravneet Gill.

 RBI cut repo rate to ....... percent on 4th October 2019?
A. 5.0%
B. 5.25%
C. 5.15%
D. 6.25%
Answer: C
Explanation: Reserve Bank of India has cut repo rate by 25 basis points, from 5.40% to 5.15% on 4th October 2019. The Reverse repo rate has also adjusted to 4.90% and bank rate at 5.40 %, accordingly.  The GDP outlook for 2019-20 is revised to 6.1%, from 6.9% in previous Monetary Policy committee meet. For 2020-21, the GDP outlook has revised to 7.2%. The inflation is within the comfort zone and the need to boost the economy is pressing.  RBI Governor Shaktikanta Das said that several measures announced by the government over the last two months are expected to revive sentiment and spur domestic demand, especially private consumption.............Check More at INDIA GK" App: tinyurl.com/IndiaGK
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