Current Affairs Quiz – 26 September 2018

Current Affairs Quiz 26 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 26 September 2018

  1. The newly unveiled web portal www.psbloansin59minutes.com will enable MSME to avail loan up to Rs __________ within 59 minutes
    A) 50 lakh

    B) 1 crore
    C) 2 crore
    D) 1.5 crore
    View answer
    Option B
    Explanation: Finance Minister Shri Arun Jaitley has launched the web portal  www.psbloansin59minutes.com that will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from SIDBI and 5 Public Sector Banks (PSBs)-  State Bank of India (SBI), Bank of Baroda, Punjab National Bank, Vijaya Bank, and Indian Bank
    .
  2. Based on the latest approval of the cabinet, what will be the share of Central government in the Goods and Services Tax Network (GSTN)?
    A) 75%

    B) 49%
    C) 51%
    D) 50%
    View answer
    Option D
    Explanation: The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved increasing of Government ownership in Goods and Services Tax Network (GSTN) to 100 percent from the current 49 percent. The entire 51% equity held by the Non-Government Institutions in GSTN will be acquired equally by the Centre (50%) and the State Governments (50%)
    .
  3. The Hurun India Rich List for 2018, has been topped by________
    A) Mukesh Ambani

    B) SP Hinduja and family 
    C) Azim Premji
    D) Dilip Shanghvi
    View answer
    Option A
    Explanation:According to the latest Barclays Hurun India Rich List for 2018, Mukesh Ambani of Reliance Industries has topped for the seventh year in a row for being the richest individuals in India by way of net worth with a wealth of Rs 3,71,000 crore.
  4. What is the rank of India in the first ever human capital rankings for investments in education and health care?
    A) 116

    B) 142
    C) 158
    D) 190
    View answer
    Option C
    Explanation: India has been ranked 158th out of 195 countries in the world for its investments in education and health care according to the first-ever scientific study that ranks countries for their levels of
     human capital. 
  5. The Ministry of Finance has launched a new mobile app named Jan Dhan ___________ to help people in locating nearby financial service touch point.
    A) Darshak

    B) Seva
    C) Pahal
    D) Ekta
    View answer
    Option A
    Explanation: The Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre  (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative
  6. India has achieved __________ position in the 2018 Economic Freedom Index
    A) 161

    B) 96
    C) 74
    D) 105
    View answer
    Option B
    Explanation: 
    India has been ranked 96th among 162 countries in the Economic Freedom Index published by Centre for Civil Society (CCS) in conjunction with Canada’s Fraser Institute. Last year India was ranked 98.Top- HongKong;Second- Singapore.
  7. Name the financial organisation to approve multi trance loan facility of $ 500 million for climate resilient infrastructure project in Tamil Nadu.
    A) Asian Infrastructure Investment Bank

    B) New Development Bank
    C) Asian Development Bank (ADB)
    D) World Bank
    View answer
    Option C
    Explanation: The Asian Development Bank (ADB) has approved multi-tranche financing facility (MFF) of $500 million for climate resilient infrastructure project in Tamil Nadu.The loan will be used to develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities in the Indian state of Tamil Nadu.
  8. The National Digital Communications Policy-2018 (NDCP-2018) aims to achieve broadband for all by___________
    A) 2021
    B) 2030
    C) 2025
    D) 2022
    View answer
    Option D
    Explanation: The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the National Digital Communications Policy-2018 (NDCP-2018) to achieve the objective of broadband for all by 2022.  The cabinet has also approved to re-designate the Telecom Commission as the “Digital Communications Commission”
  9. ADB Bank has predicted the GDP for Asia for 2018 to be__________ percent
    A) 7.5%

    B) 7%
    C) 6%
    D) 6.5%
    View answer
    Option C
    Explanation: The Asian Development Bank (ADB) announced the GDP forecast for Asia for 2018 at 6% and for 2019 at 5.8%.
  10. Name the Bollywood celebrity who has been roped in as the brand ambassador of Sanjay Gandhi National Park (SGNP) Mumbai
    A) Raveena Tandon

    B) Anushka Sharma
    C) Deepika Padukone
    D) Priyanka Chopra
    View answer
    Option A
    Explanation: Bollywood actress Raveena Tandon has been appointed as the brand ambassador of Sanjay Gandhi National Park (SGNP) in Mumbai.Spread across 103 sq km, SGNP is the biggest national park in the world to be located within metropolitan limits.
  11. The Smart City Expo India-2018 has been organised in which city?
    A) New Delhi

    B) Jaipur
    C) Bhopal
    D) Lucknow
    View answer
    Option B
    Explanation: Vice president M. Venkaiah Naidu inaugurated the Smart City Expo India-2018 in Jaipur.The object of the three days long expo is to have discussions among different experts and groups to utilize benefits of new technology, town planning, capacity management, challenges before socio-economic development and development of networking in the Smart City sector
  12. Jasdev Singh passed away recently. He was a___________
    A) Hockey Player

    B) Sports Coach
    C) Sports Commentator
    D) Hockey India President
    View answer
    Option C
    Explanation: Renowned Hindi sports commentator Jasdev Singh passed away after prolonged illness. He was 87. He was awarded Padma Shri in 1985 and Padma Bhushan in 2008. Over the years, he had covered nine Olympics, eight hockey World Cups and six Asian Games, and was awarded the Olympic Order, the highest award of the Olympic movement, by Juan Antonio Samaranch, IOC president.
  13. When is the International Day for the Total Elimination of Nuclear Weapons observed?
    A) September 23

    B) September 24
    C) September 25
    D) September 26
    View answer
    Option D
    Explanation: The International Day for the Total Elimination of Nuclear Weapons (Nuclear Abolition Day) has been observed annually since 2014 on September 26.
  14. As per the latest prediction of the ADB, Indian economy is expected to grow at  ___________ percent in 2018-19.
    A) 7.3%

    B) 7.5%
    C) 7.7%
    D) 7.8%
    View answer
    Option A
    Explanation: For Indian Economy the GDP growth is predicted at 7.3 percent in 2018-19 and 7.6 percent in 2019-20 respectively by ADB
    .
  15. Which country has topped the Human Capital ranking published for a period between 1990-2016?
    A) Russia

    B) Germany
    C) Finland
    D) Singapore
    View answer
    Option C
    Explanation: Top 3 nations in the Human Capital rankings are: 
    Finland Iceland Denmark respectively

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