Current Affairs Quiz – 22 September 2018

Current Affairs Quiz 22 September 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 September 2018

  1. Name the Indian movie which has been nominated for Oscars 2019?
    A) Sinjar

    B) Village Rockstars
    C) Bhayanakam
    D) Baahubali 2: The Conclusion
    View answer
    Option B
    Explanation: 
    “Village Rockstars”, an Assamese movie, has been selected as India’s official entry to the Oscars 2019. The movie has been directed by Rima Das.
  2. The first General Assembly of the International Solar Alliance (ISA) will take place in which city?
    A) New Delhi

    B) Mumbai
    C) Gurugram
    D) Hyderabad
    View answer
    Option A
    Explanation: The first General Assembly of the International Solar Alliance (ISA) will take place on October 2 in New Delhi. The Ministerial level Assembly will be held in Greater Noida on the next day.
    .
  3. Which country has clinched the gold in the 2018 Asian Team Snooker Championship Doha?
    A) India

    B) Pakistan
    C) Japan
    D) China
    View answer
    Option B
    Explanation: 
    India settled for the silver medal at the Asian Team Snooker Championship in men’s double event with a 3-2 loss to Pakistan in the final held in Doha.
  4. IRDAI has raised the minimum capital sum insured (CSI) under Compulsory Personal Accident (CPA) cover for owner-driver to Rs ________
    A) Rs 15 lakh

    B) Rs 10 lakh
    C) Rs 20 lakh
    D) Rs 5 lakh
    View answer
    Option A
    Explanation: Insurance regulator Irdai has raised the minimum insurance cover for owner-driver to Rs 15 lakh for a premium of Rs 750 per annum. Currently, the capital sum insured (CSI) under this section for motorised two-wheelers and private cars/commercial vehicles is Rs 1 lakh and Rs 2 lakh, respectively
    .
  5. SEBI has recently published revised know-your-client (KYC) norms for foreign portfolio investors (FPI) as per which a single NRI is allowed to contribute up to____________to total FPI
    A) 35%

    B) 30%
    C) 25%
    D) 40%
    View answer
    Option C
    Explanation: Contributions by NRI/ OCI/ RI including those of NRI/ OCI/ RI controlled Investment Manager should be below 25% from a single NRI/ OCI/ RI and in aggregate should be below 50% to corpus of FPI. Periodic KYC review: FPIs shall be subject to KYC review as and when there is any change in material information / disclosure. The KYC review (including change in BOs / their holdings) should be done based on risk categorization of FPIs. In case of Category III and Category II FPIs from high risk jurisdictions KYC review should be done on yearly basis.
  6. According to the UNDP’s 2018 global Multidimensional Poverty Index (MPI), India’s poverty rate has been reduced from 55 % to _____________ in a decade
    A) 32%

    B) 40%
    C) 20%
    D) 28%
    View answer
    Option D
    Explanation: UNDP has released 2018 global Multidimensional Poverty Index (MPI) in partnership with the Oxford Poverty and Human Development Initiative (OPHI).The key findings related to India are: In India, 271 million people moved out of poverty between 2005/6 and 2015/16, but the country still has the largest number of people living in multidimensional poverty in the world (364 million people). Even so, India has cut its poverty rate from 55% to 28% in ten years.
  7. The AIBA Women’s World Boxing Championships 2018 will take place in which city?
    A) New Delhi

    B) Beijing
    C) Jakarta
    D) Dubai
    View answer
    Option A
    Explanation: The AIBA Women’s World Boxing Championships 2018 will be held in New Delhi in November 13-25
    .

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