1) Which state government joined hands with the centre to revive the River Saraswati?
a. Punjab
b. Haryana
c. Delhi
d. Uttarakhand
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Answer
Explanation
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ANSWER: Haryana
Explanation:
The Centre and the Government of Haryana joined hands on 20th July 2017 to revive the long lost River Saraswati and provide water to the drought-prone areas of India.
Union Minister of State for Petroleum and Natural Gas (Independent Charge) Dharmendra Pradhan and Haryana Chief Minister Manohar Lal Khattar witnessed the signing of the `Memorandum of Agreement`.
The Haryana Government and ONGC have signed a Memorandum of Agreement for drilling of 10 water wells along the Petro Channel of Saraswati River up to a depth of 400-500 meters, which will aim at providing water in drought-prone areas.
Helping to restore the lost glory of River Saraswati, the MoA will also retain the river`s beauty as well.
The MoA signed today will not just increase the availability of water in the region but will also help in efforts towards rediscovering the lost lineage of Saraswati River.
The ONGC project is an added advantage for the state.
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2) India’s first shale gas exploratory well was drilled in
a. Maharashtra
b. Gujarat
c. Andhra Pradesh
d. Tamil Nadu
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Answer
Explanation
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ANSWER: Gujarat
Explanation:
- Following the successful drilling of the country’s first shale gas exploratory well near Jambusar about 60 km from Vadodara, Oil and Natural Gas Corporation (ONGC) has decided to drill more wells in Cambay region of Gujarat.
- The data from the first well near Jambusar has given ONGC more leads for further exploration.
- Shale gas in Cambay region is estimated to have a shale gas potential of 20 TCF (trillion cubic feet).
- India has recoverable shale gas reserves of around 90 TCF, which can satiate India’s energy demand for 26 years.
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3) Which of the following basin/s has/have shale gas reserves?
1) Cambay Basin
2) KG Basin
3) Cauvery Basin
a. 1, 2
b. 1, 3
c. 2
d. All of the above
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Answer
Explanation
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ANSWER: All of the above
Explanation:
- ONGC estimates India’s shale gas reserve in the range of 500 to 2000 trillion cubic meters.
- Cambay is one of the basins that have been identified as potentially-bearing shale resources.
- But apart from the Cambay basin, the ONGC will also explore Krishna-Godavari, Cauvery and Vindhyan sedimentary basins for shale gas in the near future.
- Major regions of availability are Gujarat, Rajasthan, central India, KG Basin and offshore areas in Bay of Bengal.
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4) DIPP has collaborated with Qualcomm Incorporated to commence its venture investment prize and India’s largest startup contest called _______
a. QPrize Make in India
b. SPrize in Make in India
c. IPrize Make in India
d. None of the above
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Answer
Explanation
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ANSWER: QPrize Make in India
Explanation:
For supporting the Make in India week, Department of Industrial Policy and Promotion and Qualcomm Inc through venture investment arm Qualcomm Ventures announced the largest startup contest in India called “QPrize Make in India” by awarding USD 350,0000 in equity investment as cash money prize for the company that wins the contest. The goal of this award contest is to galvanise entrepreneurial ventures and start up growth in India.
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5) As Benchmark BSE Sensex rose by 858 points, which company posted the biggest gains?
a. Infosys
b. TCS
c. RIL
d. ONGC
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Answer
Explanation
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ANSWER: ONGC
Explanation:
Benchmark BSE Sensex rose rapidly by 858 points during the first week of October causing 9 of the top 10 most valued companies to gain INR 80,086.27 crore in market cap. ONGC posted the biggest gains. Sensex surged to 27,079.51, second straight weekly rise. Apart from Infosys, top 9 companies which saw market valuation rise included ITC, RIL and TCS. M-cap of ONGC surged to INR 2,25137.72 crore from INR 26,393.68 crore. TCS topped the list of companies being followed by RIL, ITC, HDFC Bank, Infosys, ONGC, Sun Pharma, CIL, HDFC and SBI.
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