Current Affairs Quiz – 05 April 2019

Current Affairs Quiz 05 April 2019: Based on the Current Affairs and Important News of 05 April 2019 we have framed important current affairs questions for banking and competitive exams. These current affairs quiz questions will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all exams. We try to prepare the best and most expected current affairs questions with answers. Attempt our daily current affairs quiz on our mobile app too.

  1. RBI has mandated banks to have an additional _______ percent bond holding requirements to compute liquidity coverage ratio.
    A) 3%
    B) 1%
    C) 4%
    D) 2%
    View answer
    Option D
    Explanation:
    The Reserve Bank of India has provided additional 2 per cent liquidity window to the lenders by tweaking liquidity coverage ratio (LCR) norms.
  2. Name the company which has acquired the chatbot startup Haptik?
    A) Bharti Airtel
    B) Reliance Jio Digital
    C) Vodafone Idea Limited
    D) Tata Docomo
    View answer
    Option B
    Explanation: 
    Reliance Jio Digital Services Limited, the subsidiary of Reliance Industries Limited, has acquired artificial intelligence (AI) firm Haptik for Rs 700 crore on April 3, 2019. With this Reliance will become the majority stake holder of Haptik, holding about 87% of the business. 
  3. Which of the following is the punch line of the 2019-20 session of CBSE?
    A) Experiential learning
    B) Technical learning
    C) Digital learning
    D) Intelligence learning
    View answer
    Option A
    Explanation: 
    Central Board of Secondary Education (CBSE) secretary Anurag Tripathi has announced that from now, every year CBSE board will have a punch line. The punch line for the 2019-20 session of CBSE is “Experiential learning”
  4. When is the National Maritime Day observed?
    A) April 3
    B) April 6
    C) April 5
    D) April 2
    View answer
    Option C
    Explanation: 
    India celebrates the National Maritime Day on April 5 every year. The theme of the National Maritime Day 2019 celebrations is “Indian Ocean-An Ocean of opportunity”.
  5. The Global Report on Food Crises 2019 states that __________ million people from 53 countries were affected by acute food crises in the year 2018
    A) 132
    B) 124
    C) 100
    D) 113
    View answer
    Option D
    Explanation:
    The Global Report on Food Crises 2019 was released on April 2, 2019 jointly by the European Union, the Food and Agriculture Organization of the United Nations (FAO), and the UN World Food Programme (WFP). Around 113 million people in 53 countries experienced acute food crises in 2018. This figure was 124 million in 2017.
  6. Name the first Indian stock exchange to sign MoU with Moscow Exchange?
    A) BSE & India INX
    B) NSE
    C) OTC Exchange Of India
    D) United Stock Exchange of India
    View answer
    Option A
    Explanation: 
    India’s premier exchange, BSE and The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC), have signed a memorandum of understanding (MoU) with Moscow Exchange (MOEX) on April 3, 2019.
  7. Who has been sworn in as the Managing Director of IL&FS?
    A) GC Chaturvedi
    B) CS Rajan
    C) Vineet Nayyar
    D) Bijay Kumar
    View answer
    Option B
    Explanation: 
    The board of IL&FS has appointed CS Rajan as Managing Director to oversee the ongoing asset monetisation process. Apart from this Bijay Kumar has been appointed as the deputy managing director. 
  8. Which bank has approved its amalgamation with Indiabulls Housing Finance Ltd
    A) Dhanlaxmi Bank
    B) Karur Vysya Bank
    C) Lakshmi Vilas Bank Ltd
    D) South Indian Bank
    View answer
    Option C
    Explanation: 
    The board of The Lakshmi Vilas Bank Ltd. has approved a scheme of amalgamation with Indiabulls Housing Finance Ltd. The proposed name of the new entity thus formed is Indiabulls Lakshmi Vilas Bank. However, the name will be finalised after getting clearance from regulatory authorities.
  9. Name the well known economists, called as the Father of Entrepreneurship Movement in India, who died recently?
    A) Viharidas Gopaldas Patel
    B) Vishnu Pandya
    C) Genabhai Dargabhai Patel
    D) Girish Bharadwaj
    View answer
    Option A
    Explanation: 
    Noted economist and ‘Father of Entrepreneurship Movement’ in India, Viharidas Gopaldas Patel, passed away at the age of 79. He had won Padma Shri in 2017 for his contribution to the entrepreneurship movement.
  10. Who has been appointed as the President of the Confederation of Indian Industry (CII) for the session 2019-20?
    A) Rakesh Bharti Mittal
    B) Uday Kotak
    C) T.V. Narendran
    D) Vikram Kirloskar
    View answer
    Option D
    Explanation: 
    The Confederation of Indian Industry (CII) has appointed Vikram Kirloskar as its President for 2019-20. He takes over from Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises.
  11. The government of India has sold Rs 1,150 crore enemy shares of which of these companies to LIC, GIC and NIACL recently?
    A) TCS
    B) Wipro
    C) Infosys
    D) HCL
    View answer
    Option B
    Explanation: 
    The Government of India has sold enemy shares worth around Rs 1,150 crore in IT major Wipro to Life Insurance Corporation, General Insurance Corporation and The New India Assurance Corporation. 
  12. Who among the following has taken over as the Chairman of NASSCOM for 2019-20?
    A) Rishad Premji
    B) UB Pravin Rao
    C) Keshav Murugesh
    D) Vikram Kirloskar
    View answer
    Option C
    Explanation:
     Keshav Murugesh has been appointed as the Chairman of IT industry body Nasscom for 2019-20. He has succeeded Rishad Premji. 

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Tags: April 2019; Questions based on daily Current Affairs; Current Affairs Multiple Choice Quiz; Current Affairs Questions and Answers

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