Current Affairs Quiz – 22 July 2018

Current Affairs Quiz 22 July 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 22 July 2018

  1. The museum of the Sikhs, Virasat-e-Khalsa, is located in which city of Punjab?
    A) Amritsar
    B) Chandigarh
    C) Anandpur Sahib
    D) Jalandhar
    View answer
    Option C
    Explanation: Punjab Tourism and Cultural Affairs Minister Navjot Singh Sidhu has finalized a blue print to develop the prestigious Virasat-e-Khalsa (a museum of the Sikhs) at Anandpur Sahib as a ‘strategic tourist spot’ in the state. 
  2. How much amount has been granted by India to Sri Lanka for the country wide National Emergency Ambulance service?
    A) USD 22.8 million
    B) USD 20.0 million
    C) USD 18.5 million
    D) USD 12.6 million
    View answer
    Option A
    Explanation: The Prime Minister of India, Shri Narendra Modi jointly with Sri Lankan Prime Minister Ranil Wickremesinghe e-flagged National Emergency Ambulance service all over Sri Lanka via video conference. India has given a grant of USD 22.8 million for the country-wide expansion of the ambulance service in Sri Lanka.
  3. The GST Council has approved quarterly filing of return for the small taxpayers having turnover below of______________
    A) Rs 2 cr
    B) Rs 5 cr
    C) Rs 3 cr
    D) Rs 4 cr
    View answer
    Option B
    Explanation: The 28th GST Council Meeting was held in New Delhi under the Chairmanship of Shri Piyush Goyal, Union Minister for Railways , Coal , Finance & Corporate Affairs. Piyush Goyal approved the new return formats and associated changes in law. The Council approved quarterly filing of return for the small taxpayers having turnover below Rs. 5 Cr as an optional facility. 
  4. What percent of reservation in promotion has been announced by the Bihar government for the Scheduled Castes employees?
    A) 4%
    B) 9%
    C) 16%
    D) 18%
    View answer
    Option C
    Explanation: The Bihar government has introduced reservation in promotions to the Scheduled Castes and Scheduled Tribes personnel in its services. 16 percent reservation will be given to SCs while STs would be eligible for 1 percent reservation. However, such promotions would be granted only in accordance with the further orders of the apex court.
  5. Who among the following has been named as the Player of the Year 2017 by All India Football Federation (AIFF)?
    A) Gurpreet Singh Sandhu
    B) E Panthoi
    C) Anirudh Thapa
    D) Sunil Chhetri
    View answer
    Option D
    Explanation: Sunil Chhetri was named as the 2017 All India Football Federation (AIFF) Player of the Year by the national body. Kamala Devi was adjudged the 2017 AIFF woman Player of the Year. 
  6. The Mudiya Poono fair has been organised in which city?
    A) Mathura
    B) Jaipur
    C) Gandhinagar
    D) Patna
    View answer
    Option A
    Explanation: The six-day Mudiya Poono fair, also known as mini-kumbh, will begin on July 23, 2018 in Goverdhan,Mathura, Uttar Pradesh. The fair is known as “mini Kumbh” as at least 20 million pilgrims would perform ‘parikrama’ (circumambulation ) of the Goverdhan hillock between July 23 and July 28.
     
  7. According to the data by the HRD Ministry, which among the given IIT institution generated highest revenue in the last 3 years between 2015-18?
    A) IIT Delhi
    B) IIT Bombay
    C) IIT Madras
    D) IIT Kanpur
    View answer
    Option B
    Explanation: The revenue generated by IIT-Bombay in the last three years through research, inventions, consultancy and patents was the highest among the premier engineering institutes, according to HRD Ministry data. The Indian Institute of Technology (IIT), Bombay, was followed by IIT-Madras and IIT-Delhi in terms of revenue generated. IIT-Bombay generated a revenue of Rs 17.99 crore during 2017-18 from inventions, research, consultancy and patents. The revenue generated by the institute during 2016-17 and 2015-16 was Rs 17.11 crore and Rs 10.55 crore respectively, according to the data.
     
  8. Name the player to win the gold in men’s single category at the Asia Junior Badminton Championships in Jakarta.
    A) H. S. Prannoy
    B) Lakshya Sen
    C) Siril Verma
    D) Sourabh Verma
    View answer
    Option B
    Explanation: Indian badminton player Lakshya Sen defeated the reigning world junior champion Kunlavut Vitidsarn of Thailand to clinch a gold medal at the Asia Junior Championships in Jakarta. Lakshya became only the third Indian player to win a Gold Medal in this event. Late Gautam Thakkar (1965) and Olympic silver medallist P V Sindhu (2012) had won the prestigious title earlier.
     
  9. Mizo Hnahthlak International festival was held in which state of India?
    A) Tripura
    B) Sikkim
    C) Mehalaya
    D) Mizoram
    View answer
    Option D
    Explanation: The first international festival of Mizoram was organised in Aizawl. Bordering with Myanmar and Bangladesh, Mizoram rolled out the red carpet for Mizo Hnahthlak International festival which saw huge participation from the Mizo tribal community living in different places and region. 
  10. As per the DBS report, by which year the 10 major economies of Asia including India will see robust growth in GDP to beat USA?
    A) 2030
    B) 2025
    C) 2050
    D) 2020
    View answer
    Option A
    Explanation: As per a report by DBS, the 10 major economies of Asia, including India, are expected to see robust growth and amount to over USD 28 trillion in real GDP terms on aggregate, more than the US by 2030. According to DBS the Asia-10 economies are — China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, and Thailand.
  11. The online tool TreadWill to help people cope with mental health related issue has been developed by which institution?
    A) IIT Delhi
    B) IIT Bombay
    C) IIT Kanpur
    D) IIT Madras
    View answer
    Option C
    Explanation: The Indian Institute of Technology (IIT), Kanpur, has developed an online tool, TreadWill, to help people cope with issues related to their mental health. TreadWill is a website designed to help people deal with stress, low mood, lethargy and other depressive symptoms through different online exercises, questionnaires and games.
     
  12. What is the new minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana?
    A) Rs 100
    B) Rs 250
    C) Rs 500
    D) Rs 1500
    View answer
    Option B
    Explanation: The government has slashed the minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana to Rs 250 from Rs 1,000 earlier. The interest rate on Sukanya Samriddhi account is revised every quarter. For the July-September quarter, the rate has been fixed at 8.1 per cent. The minimum deposit that needs to be made every year is now Rs 250, while the maximum is Rs 1.50 lakh.There is no limit on the number of deposits either in a month or a financial year.
  13. NABARD has recently inaugurated the first Centre for Climate Change of South East Asia in which city of India?
    A) Kolkata
    B) New Delhi
    C) Mumbai
    D) Lucknow
    View answer
    Option D
    Explanation:The National Bank for Agriculture and Rural Development (NABARD) has launched first of its kind Centre for Climate Change in the South East Asia region in Lucknow, Uttar Pradesh. The Centre aims at accelerating concerted climate action by various stakeholders in government, private, financial and non -government sectors
    .
  14. What is the name of the mascot of the Tokyo 2020 Paralympic Games?
    A) Someity
    B) Nagano
    C) Luchik
    D) Snezhinka
    View answer
    Option A
    Explanation: The Tokyo 2020 Paralympic mascot’s has been named as Someity, (pronounced soh-may-tee) which is a pink-checked figure and wears a cape. It comes from the someiyoshino, a popular cherry blossom variety, and additionally echoes the English phrase “so mighty”. 
  15. What is the total budget allocated to the Begum Hazrat Mahal National Scholarship Scheme by the Ministry of Minority Affairs for the year 2018-19?
    A) Rs 70 crore
    B) Rs 80 crore
    C) Rs 90 crore
    D) Rs 100 crore
    View answer
    Option C
    Explanation:The Maulana Azad Education Foundation (MAEF), a subordinate organisation of the Ministry of Minority Affairs, has decided to increase the total budget for its ‘Begum Hazrat Mahal National Scholarship Scheme’ for schoolgirls. During 2017-18, about 1,15,000 girls were given scholarship under the scheme. Around Rs 78 crore was allotted for this. This year a budget of Rs 90 crore is proposed. Under the scheme, the girl students of Class 9 and 10 are given Rs 5,000 each per year and the students of Class 11 and 12 Rs 6,000 each per year.
  16. The 28th GST Council Meeting announced two return forms for small taxpayers. Name the two types of forms.
    A) Saral and Sugam
    B) Sahaj and Sugam
    C) Sahaj and Saral
    D) Sajak and Saral
    View answer
    Option B
    Explanation: The Council approved quarterly filing of return for the small taxpayers having turnover below Rs. 5 Cr as an optional facility. Quarterly return shall be similar to main return with monthly payment facility but for two kinds of registered persons – small traders making only B2C supply or making B2B + B2C supply.For such taxpayers, simplified returns have been designed called  Sahaj and Sugam.
  17. Jonathan Gold, Pulitzer Prize-Winning food critic died recently. He hailed from which country?
    A) Singapore
    B) United Kingdom
    C) Germany
    D) USA
    View answer
    Option D
    Explanation: Pulitzer Prize-Winning food critic, Jonathan Gold, has died at the age of 57. He also authored the book Counter Intelligence: In 2007, he became the first food critic to win the Pulitzer Prize for Criticism.
  18. Sports Ministry has selecetd 734 players for scholarship programme under the Khelo India Talent Identification Development scheme. What is the annual stipend approved under the programme for each player?
    A) Rs. 1.2 lakh
    B) Rs. 1.5 lakh
    C) Rs. 2.0 lakh
    D) Rs. 2.2 lakh
    View answer
    Option A
    Explanation: The Sports India has cleared the names of 734 players for a scholarship programme under Khelo India Talent Identification Development scheme for the development of sports in the country. The scholarship program is designed to take care of the expenses of the players. The selected players will be eligible for an annual stipend of Rs. 1.2 lakhs on a quarterly basis to meet their out of pocket expenses, treating injuries and even smaller elements like local travel.
     
  19. The RBI has directed all co-operative banks to create IFR to guard against unforseen fluctuations in market. What does IFR stands for?
    A) Instrument Financing Review
    B) Investment Fluctuation Reserve
    C) Investment Funding Rate
    D) Institutional Financing Reserve
    View answer
    Option B
    Explanation: The RBI has directed co-operative banks of all categories to create Investment Fluctuation Reserve (IFR)with a view to guard against unforseen fluctuations in market and remain solvent.
     
  20. What is the name of the mascot for the Tokyo 2020 Olympic Games?
    A) Mandeville
    B) Vinicius
    C) Miraitowa
    D) Phoebus
    View answer
    Option C
    Explanation: The Tokyo 2020 Olympic mascot’s has been as Miraitowa (pronounced mee-rah-e-toh-wa), based on the Japanese words mirai (future) and towa (eternity) combined. It is a blue-checked pointy-eared figure.

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