Current Affairs Quiz – 1 February 2019

Current Affairs Quiz 1 February 2019: Based on the Current Affairs and Important News of 1 February 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 everyday to be prepared for any exam. 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.

Current Affairs Quiz 1 February 2019

  1. The Fiscal Deficit for the year 2019-20 has been pegged at ___________ percent in the budget 2019-20.
    A) 3.4%

    B) 3.3%
    C) 3.2%
    D) 3.1%
    View answer
    Option A
  2. Which of the given years has been officially declared to be observed as the International Year of the Periodic Table of Chemical Elements?
    A) 2021

    B) 2020
    C) 2019
    D) 2022
    View answer
    Option C
    Explanation: 
    The United Nations General Assembly has proclaimed to observe 2019 as the International Year of the Periodic Table of Chemical Elements (IYPT 2019).
  3. How much amount has been allocated to the Railway sector in budget 2019-20?
    A) Rs 54,687 crore

    B) Rs 64,587 crore
    C) Rs 74,787 crore
    D) Rs 84,887 crore
    View answer
    Option B
    Explanation:
    Railway Budget for 2019-20: Rs 64,587 crore
  4. The ICC Men’s Cricket World Cup will be held in which country?
    A) Pakistan

    B) New Zealand
    C) Australia
    D) India
    View answer
    Option D
    Explanation: 
    The 13th edition of International Cricket Council (ICC) Men’s Cricket World Cup will be played in India in 2023. This was announced by ICC CEO and former South Africa cricketer David Richardson on January 31, 2019.India will also host ICC T20 World Cup in 2021.
  5. The Budget 2019-20 has exempted the individuals from paying tax whose income is upto Rs ___________
    A) Rs 5 lakh

    B) Rs 3 lakh
    C) Rs 4 lakh
    D) Rs 6 lakh
    View answer
    Option A
    Explanation: 
    No Income Tax for individuals with taxable income upto Rs 5 lakh. i.e Income upto Rs 5 lakh is not tax free. This will give a tax benefit of Rs 6.5 lakh when proper investment is done.
  6. The annual Surajkund International Crafts Fair 2019 has been inaugurated in which state?
    A) Gujarat

    B) Haryana
    C) Himachal Pradesh
    D) Maharshtra
    View answer
    Option B
    Explanation:
    The 33rd edition of the Surajkund International Crafts (Fair) Mela-2019, kicked off at Surajkund in Faridabad, Haryana. The International Fair is organised during the first fortnight of each February annually. It will be held from 1st-17th February 2019. Maharashtra has been chosen to be the Theme State.
  7. The Kisan Suvidha loan facility has been launched by which Small Finance Bank for small and marginal farmers?
    A) AU Small Finance Bank

    B) ESAF Small Finance Bank
    C) Ujjivan Small Finance Bank
    D) Utkarsh Small Finance Bank
    View answer
    Option C
    Explanation: 
    Bengaluru based Ujjivan Small Finance Bank (SFB) has launched Ujjivan Bank Kisan Suvidha loan for small and marginal farmers. It is the first bank in this category to offer collateral free loans service. The product will be custom made to fit requirements of small and marginal farmers. It will offer collateral free loans to individuals with amount ranging from Rs 60, 000 – Rs 2 lakhs.
  8. The mobile only hotel booking platform NightStay has been acquired by which company?
    A) Facebook

    B) Reliance
    C) Amazon
    D) Paytm
    View answer
    Option D
    Explanation: 
    One97 Communications owned Indian payments conglomerate Paytm has forayed into hotel bookings business by acquiring Noida based NightStay, a luxury hotel-booking platform that offers deals on last-minute bookings. Paytm is set to invest Rs. 500 crores to scale up its operations and expand the hotel-booking portfolio. 
  9. Name the Indian women cricket player who recently achieved the feat of becoming the first women to play 200 ODIs
    A) Mithali Raj
    B) Harmanpreet Kaur
    C) Smriti Mandhana
    D) Jhulan Goswami
    View answer
    Option A
    Explanation: 
    Indian Women’s Cricket Team One-day International (ODI) and Tests captain Mithali Raj became the first female cricketer to play 200 ODIs on 1 February 2019.The 36-year-old achieved the milestone during the third ODI against New Zealand at Seddon Park in Hamilton. Mithali made her ODI debut in 1999 and out of the 263 ODIs that Indian Women Team have played, Mithali has featured in 200 games.
  10. The Ministry of Defence has approved indigenous construction of how many submarines for the Indian Army recently under the strategic partnership model?
    A) 11

    B) 9
    C) 6
    D) 2
    View answer
    Option C
    Explanation: 
    The Defence Acquisitions Council (DAC) chaired by Defence Minister Nirmala Sitharaman has approved indigenous construction of six submarines worth Rs 40,000 crore for the Indian Navy. The project will be implemented under the strategic partnership model. It will rope in private firm to build the submarines in India in partnership with foreign defence manufacturers.
  11. The International Leather Fair (IILF) 2019 has been organised in which city?
    A) Surat

    B) Chennai
    C) Hyderabad
    D) Nagpur
    View answer
    Option B
    Explanation: 
    The 34th edition of India International Leather Fair (IILF) started off in Chennai, Tamil Nadu on January 31, 2019. It was inaugurated by Tamil Nadu Deputy Chief Minister O Paneerselvam.
  12. As per NSSO report, the unemployment rate in India was the highest in 2017-18 at ____________ percent, when compared to last 4 decades
    A) 6.1%

    B) 6.8%
    C) 5.2%
    D) 5.6%
    View answer
    Option A
    Explanation: 
    According to a recent survey conducted by the National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation, India’s unemployment rate stood 45-year-high of 6.1 percent in 2017-18. The periodic labour force survey (PLFS) of NSSO was conducted between July 2017-June 2018. This rate of unemployment is highest since 1972-73.
  13. The “Smart Village Campaign” has been launched by which state for the overall development of the rural areas of the state?
    A) Gujarat

    B) Rajasthan
    C) Kerala
    D) Punjab
    View answer
    Option D
    Explanation: 
    The state government of Punjab has approved the launch of “Smart Village Campaign” with an outlay of Rs 384.40 crore to boost infrastructure and facilities in rural areas. The scheme would be financed with funds from the 14th Financial Commission and MGNREGA works. 
  14. G V Krishna Rao has been appointed as the Chief Commissioner of CGST, Central Excise & Customs of which zone?
    A) Visakhapatnam

    B) Guwahati
    C) Chandigarh
    D) Cochin
    View answer
    Option B
    Explanation: 
    G V Krishna Rao took over as the Chief Commissioner of CGST, Central Excise & Customs, Guwahati Zone on January 31, 2019. Guwahati Zone has jurisdiction over all the North Eastern States. So, Rao’s work jurisdiction will be Assam, Arunachal Pradesh, Meghalaya, Mizoram, Manipur, Nagaland and Tripura.
  15. The budget 2019-20 has announced to set up 22nd AIIMS in India in which state?
    A) Andhra Pradesh

    B) Himachal Pradesh
    C) Haryana
    D) Sikkim
    View answer
    Option C

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