Current Affairs Quiz – 26 July 2018

Current Affairs Quiz 26 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 26 July 2018

  1. The Fugitive Economic Offenders Bill, 2018 seeks to take action against offenders who commit offences worth Rs __________crore and above.
    A) Rs 50 crores

    B) Rs 100 crores
    C) Rs 250 crores
    D) Rs 500 crores
    View answer
    Option B
    Explanation: The Parliament has passed the Fugitive Economic Offenders Bill, 2018 on July 26 to prevent big economic offenders like Nirav Modi, Vijay Mallya from fleeing the country. The Bill enables action against such offenders committing offences worth Rs 100 crore and above. As per the Bill, a person will be declared as a fugitive economic offender (FEO) if an arrest warrant issued against him/her for specified offences, where the value involved, is over Rs 100 crore and he/she has left the country and refuses to return to face prosecution.
  2. The government of Chhattisgarh has launched the Sanchar Kranti Yojna under which ___________ lakh smartphones would be distributed to the people free of cost.
    A) 10 lakhs

    B) 20 lakhs
    C) 25 lakhs
    D) 50 lakhs
    View answer
    Option D
    Explanation: President Ram Nath Kovind launched the Chhattisgarh government’s Sanchar Kranti Yojna at Jagdalpur in the Naxal-affected Bastar region. Under the scheme, 50 lakh smartphones will be distributed free of cost to the people. In this 45 lakh would be given to women and 5 lakh to students
    .
  3. What is the extended deadline set by the government to file income tax returns for the Assesment Year 2018-19?
    A) September 30

    B) August 31
    C) October 31
    D) December 31
    View answer
    Option B
    Explanation: Government of India extended the date for filing income tax for salaried tax payers,by one month till August 31. The earlier deadline for filing the returns for Assesment Year 2018-19 was July 31, 2018. The Central Board of Direct Taxes (CBDT) extends the due date from July 31 to August 31
    .
  4. The Parliament has approved the Negotiable Instruments (Amendment) Bill, 2018. This bill will amend which act?
    A) Negotiable Instruments Acts 1981

    B) Negotiable Instruments Acts 1990
    C) Negotiable Instruments Acts 1881
    D) Negotiable Instruments Acts 1897
    View answer
    Option C
    Explanation: The Parliament has approved the Negotiable Instruments (Amendment) Bill, 2018 after it was passed by Lok Sabha and Rajya Sabha. The new bill will amend the Negotiable Instruments Acts 1881. 
  5. Recently the Rs 300 crore Rukura Medium Irrigation Dam project has been inaugurated in which state?
    A) Odisha

    B) Jharkhand
    C) Gujarat
    D) Madhya Pradesh
    View answer
    Option A
    Explanation: Odisha Chief Minister Naveen Patnaik inaugurated the Rs 300 crore Rukura Medium Irrigation Dam project in Sundargarh district. This project will irrigate 5,800 hectare of agricultural field. An estimated Rs 300 crore has been spent for construction of Rukura project.
     
  6. The Department of telecommunication has approved the final merger of Vodafone India and Idea Cellular. The combined entity will takeover which telecom unit to become India’s largest mobile phone operator?
    A) BSNL

    B) Reliance Communications
    C) Aircel
    D) Bharti Airtel
    View answer
    Option D
    Explanation: Department of telecommunications (DoT) giving its final approval to a proposed merger of Vodafone India and Idea Cellular. The new merged entity will overtake Bharti Airtel as India’s largest mobile phone operator with 35 per cent market share and around 430 million subscribers
    .
  7. Name the platform launched by MyGov jointly by AIM and NITI Aayog enabling citizens of India to share their innovations at national level.
    A) Sharing Innovation Platform

    B) Innovate India Platform
    C) Innovative Citizen Platform
    D) Indian Innovative Platform
    View answer
    Option B
    Explanation: “#InnovateIndia Platform” has been launched by Shri. R Ramanan, Mission Director, Atal Innovation Mission (AIM NITI Aayog) and Shri.Arvind Gupta CEO, MyGov. “#InnovateIndia Platform” is a collaboration between the AIM NITI Aayog and MyGov, a citizen centric platform of the Government of India. It is a innovation platform for registering both grassroots and deep-tech innovators at a national level. Citizens can share their/organizations/someone else’s innovation on the platform by login to the MyGov website.
     
  8. Name the Indians to win the 2018 Ramon Magsaysay Award.
    A) Bharat Vatwani and Sonam Wangchuk

    B) Palagummi Sainath and Jayaprakash Narayan
    C) Arun Shourie and T. M. Krishna
    D) Abdul Samad Ismail and Akhtar Hameed Khan
    View answer
    Option A
    Explanation: Two Indians namely Bharat Vatwani and Sonam Wangchuk are among the 6 winners of 2018 Ramon Magsaysay Award, regarded as the Asian version of the Nobel Prize. The other four declared winners of the award includes:Youk Chhang from Cambodia, Maria de Lourdes Martins Cruz from East Timor, Howard Dee from the Philippines and Vo Thi Hoang Yen from Vietnam
    .
  9. The Global Disability Summit 2018 was held in which city?
    A) Paris

    B) New Delhi
    C) London
    D) Singapore
    View answer
    Option C
    Explanation: Global Disability Summit was held in London on 24th July 2018. Shri Thaawarchand Gehlot, Union Minister for Social Justice & Empowerment attended the event from India. The motto of the Conference was to firm up the commitments of the country leaders towards the cause of persons with disabilities. 
  10. Name the player whose goal has been voted as FIFA 2018 Goal of the Tournament.
    A) Simon Terodde

    B) Benjamin Pavard
    C) Carlos Mane
    D) Lucas Hernandez
    View answer
    Option B
    Explanation: FIFA has announced that the fans around the world have chosen Benjamin Pavard’s (of France) goal as the best of the tournament in an online poll conducted on the website of FIFA. Pavard becomes the first European player to win the Goal of the Tournament accolade since its creation in 2006. 
  11. The Negotiable Instruments (Amendment) Bill, 2018 provides for an interim compensation not exceeding _______ percent of the amount of cheque.
    A) 5%

    B) 10%
    C) 15%
    D) 20%
    View answer
    Option D
    Explanation: The Negotiable Instruments (Amendment) Bill, 2018 has a provision for allowing a court trying an offence related to cheque bouncing to direct the drawer (person who writes the cheque) to pay interim compensation to the complainant. This interim compensation, not exceeding 20 percent of the cheque amount, may be paid under certain circumstances, including where the drawer pleads not guilty of the accusation within 60 days of the trial court’s order to pay the compensation.
  12. The Kargil Vijay Diwas is observed in India on_____________
    A) July 26

    B) July 25
    C) July 24
    D) July 23
    View answer
    Option A
    Explanation: India observed the 19th anniversary of Kargil Vijay Diwas on July 26, 2018 to remember the success of Operation Vijay and pay homage to the Jawans who sacrificed their lives in the 1999 Kargil war against Pakistan.
     

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