Current Affairs Quiz – 11 October 2018

Current Affairs Quiz 11 October 2018

Current Affairs forms an important part of all Bank exams. Practice Current Affairs Questions everyday from ByScoop to gain confidence and cover all important questions for upcoming exams. Update yourself with our Daily Current Affairs Quiz 11 October 2018

  1. According to the World Bank’s first Human Capital Index, what is the rank of India in 2018 out of 157 countries?
    A) 107

    B) 152
    C) 115
    D) 128
    View answer
    Option C
    Explanation: The World Bank has released its first report on Human Capital Index (HCI) which ranked 157 economies on parameters like child mortality, health and education. The global body has placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh. 
     
  2. Name the MD & CEO of the Bank of Baroda whose tenure has been extended by one year till October 2019
    A) Rajnish Kumar

    B) P S Jayakumar
    C) B Sriram
    D) Rajeev Rishi
    View answer
    Option B
    Explanation: P S Jayakumar, the Managing Director and Chief Executive Officer of Bank of Baroda has been given one-year extension i.e. till October 12, 2019. His tenure on the post was to expire on October 12, 2018.
     
  3. When is the International Day of the Girl Child observed?
    A) October 11

    B) October 12
    C) October 10
    D) October 9
    View answer
    Option A
    Explanation: International Day of the Girl Child (also known as Day of Girls and the International Day of Girls) is an observed annually on October 11 since 2012. The theme for 2018 International Day of the Girl Child is
     “With Her: A Skilled Girl Force” 
  4. NSE and NSE IFSC Ltd has signed an agreement with which financial institution to seek reference prices for settlement of futures contracts?
    A) American Metal Exchange

    B) London Metal Exchange
    C) Bombay Metal Exchange
    D) Shanghai Metal Exchange
    View answer
    Option B
    Explanation: Leading bourse NSE and NSE IFSC Ltd, the international bourse at GIFT City in Gujarat, have entered into a licensing agreement with the London Metal Exchange (LME) to source its base metal prices for settlement of futures contracts.
     
  5. Name the Indian company to win the 2018 Deming Prize?
    A) ATC India

    B) Bharti Airtel
    C) Indus Towers
    D) IndusInd Bank
    View answer
    Option C
    Explanation: 
    Indus Towers has become the first Indian company in the service sector and fifth globally to win the Deming Prize for 2018.  Indus Towers is the world’s largest telecom tower company (outside China). 
  6. G.D. Agarwal passed away after over 3 month of hunger strike recently. He was a renowned _______________
    A) Politician

    B) Environmentalist
    C) Artist
    D) Journalist
    View answer
    Option B
    Explanation: Former IIT-Kanpur professor and an environmentalist, G.D. Agarwal, died after a heart attack in Rishikesh. He was 86. He was on a hunger strike since June 22 for a pollution-free and clean Ganga.
     
  7. Who has been sworn in as the Secretary General of PHD Chamber of Commerce and Industry?
    A) Sanjay Aggarwal

    B) Ranjeet Chaturvedi
    C) Mahesh Y Reddy
    D) Karan A Chanana
    View answer
    Option C
    Explanation: 
    Mahesh Y Reddy has been appointed as the Secretary General of the PHD Chamber of Commerce and Industry with immediate effect. 
  8. SEBI has ordered the DDPs to inform on monthly basis about the average time taken by them in processing of applications for FPI registration. What is DDP?
    A) Design Development Programmer

    B) Digital Data Programming
    C) Delivered Duty Paid
    D) Designated Depository Participants
    View answer
    Option D
    Explanation: 
    SEBI has asked designated depository participants (DDPs) to inform on monthly basis about the average time taken by them in processing of applications for FPI registration to bring transparency in the process. Under the new norms, DDP will have to provide the number of foreign portfolio investors (FPI) applications received and the average time taken in processing of such applications during the immediate preceding month to Securities and Exchange Board of India (SEBI) by fifth working day of every month, in a prescribed format.
  9. Which Indian organisation has signed an MoU with UNICEF to strengthen child rights in India?
    A) NASSCOM

    B) FICCI
    C) Ministry of Women & Child Development
    D) NITI Aayog
    View answer
    Option A
    Explanation: UNICEF and NASSCOM Foundation has signed an Memorandum of Understanding (MoU) to strengthen child rights by working together to co-create sensitisation workshops across India. Jointly, both organisations will work to help parents, teachers and children by letting them know of these risks and guiding them to a safer, more secure Internet learning experience
     
  10. Nitin Bali was a well known ____________ who died recently
    A) Director

    B) Author
    C) Singer
    D) Choreographer
    View answer
    Option C
    Explanation: Well known singer Nitin Bali passed away after serious injuries sustained from a car accident in Mumbai. He was 47.  He was best known for redux version of songs including Neele Neele Ambar Par, Ek Ajnabee Haseena Se, Pal Pal Dil Ke Paas and 
    Choo kar Mere Man Ko among others. 

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