Current Affairs Quiz – 27 August 2018

Current Affairs Quiz 27 August 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 27 August 2018

  1. The State Bank of India has notified the new branch codes and IFSC codes to how many branches of the bank recently?
    A) 1685

    B) 1075
    C) 1295
    D) 1465
    View answer
    Option C
    Explanation: 
    SBI has published a list of new branch codes as well as the IFSC codes of 1295 branches after the merger of its associate banks. The merger of six associate banks and Bhartiya Mahila Bank (BMB) with State Bank of India (SBI) came to effect from April 1, 2017. SBI ranks at 53 position among the top banks globally in terms of assets. As on June 30, 2018 the total assets of the bank stood at Rs 33.45 lakh crore. 
  2. What is the total outlay of the FAME India II scheme to be launched by PM Modi?
    A) Rs 5,000 crore

    B) Rs 5,500 crore
    C) Rs 6,000 crore
    D) Rs 6,500 crore
    View answer
    Option B
    Explanation: The second phase of the Faster Adoption and Manufacturing of (Strong) Hybrid and Electric vehicles in India (FAME India) scheme will be launched by Prime Minister Narendra Modi on September 7 in New Delhi. The scheme offers incentives for mass adoption of electric vehicles. The phase II of the FAME India scheme spanning for a period of five years has an outlay of Rs 5,500 crore.
  3. Which among the given PSUs has recently launched an online portal to enable easy booking of natural gas through its pipeline?
    A) Gas Authority of India Limited (GAIL)

    B) Indian Oil Corporation Limited (IOC)
    C) Hindustan Petroleum Corporation Limited (HPCL)
    D) Oil and Natural Gas Corporation Limited 
    View answer
    Option A
    Explanation: The Minister of Petroleum and Natural Gas & Skill Development & Entrepreneurship Shri Dharmendra Pradhan has launched an online portal “www.gailonline,com” for enabling easy, efficient and transparent booking of Common carrier capacity by marketing entities and consumers for natural gas transmission services under GAIL’s pipelines.
  4. According to the National Council of Applied Economic Research or NCAER, what is the estimated GDP growth of India for 2018-19?
    A) 7.5%

    B) 7.0%
    C) 7.4%
    D) 7.7%
    View answer
    Option C
    Explanation: Economic policy think-tank NCAER has retained India’s growth forecast for the current fiscal at 7.4 percent for 2018-19. 
  5. The Ministry of Women and Child Development has launched a toll free helpline number________ under the Poshan Abhiyan to address the queries related with the scheme.
    A) 14402

    B) 14404
    C) 14406
    D) 14408
    View answer
    Option D
    Explanation: A toll-free helpline 14408 has been launched by Ministry of Women and Child Development (MWCD) to address queries associated with nutrition and malnutrition. The helpline number has been launched under the Poshan Abhiyan, also called National Nutrition Mission, that aims to bring down stunting of children in the age group of 0-6 years from 38.4 percent to 25 percent by 2022.
     
  6. The 8th India Kenya Joint Trade Committee was held in which city?
    A) New Delhi

    B) Nairobi
    C) Hyderabad
    D) Mumbai
    View answer
    Option B
    Explanation: The 8th meeting of India-Kenya Joint Trade Committee was held in Nairobi, Kenya, from 22nd– 25th August, 2018. The meeting was co-chaired by Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhuand Mr. Peter Munya, Cabinet Secretary (Minister) for Industry, Trade and Cooperatives, Government of Kenya
    .
  7. Name the winner of the 2018 Belgian Grand Prix.
    A) Sebastian Vettel

    B) Lewis Hamilton 
    C) Max Verstappan
    D) Valtteri Bottas
    View answer
    Option A
    Explanation: Ferrari’s Sebastian Vettel beat title rival Lewis Hamilton in the Belgian Grand Prix. Lewis Hamilton (Mercedes) was second while Max Verstappan (Red Bull) was third.
     
  8. In order to ensure safe and commercial usage of drones, Government has unveiled Drone Regulations 1.0. The regulation will be effective from___________
    A) November 1, 2018

    B) September 1, 2019
    C) December 1, 2018
    D) October 1, 2018
    View answer
    Option C
    Explanation: The Ministry of Civil Aviation has announced the Civil Aviation Requirements (CAR) for civil use of Remotely Piloted Aircraft System (RPAS) commonly known as drones. The Drone Regulations 1.0 will be effective from December 1, 2018 and will enable the safe and commercial usage of drones. 
  9. Who has been appointed as the new MD and Chief India Economist of Goldman Sachs?
    A) Sobhita Dhulipala

    B) Rochelle Rao
    C) Japinder Kaur
    D) Prachi Mishra
    View answer
    Option D
    Explanation: Global investment bank Goldman Sachs has appointed Prachi Mishra as the managing director and chief India economist. 
  10. Who is the author of the book “Going to the Mountain”, a book on Nelson Mandela’s life?
    A) Winnie Mandela

    B) Ndaba Mandela
    C) Makgatho Mandela
    D) Zindziswa Mandela
    View answer
    Option B
    Explanation: Ndaba Mandela, the grandson of anti-apartheid revolutionary Nelson Mandela, has penned a memoir “Going to the Mountain”, sharing the story of his coming-of-age alongside South Africa’s rebirth.
     
  11. The government has signed an MoU with which organisation to provide training to Arogyamitra under the Pradhan Mantri Jan Arogya Yojana(PMJAY)?
    A) National Skill Development Corporation (NSDC)

    B) Directorate General of Training (DGT)
    C) Sector Skill Councils (SSC)
    D) National Skill Development Agency (NSDA)
    View answer
    Option A
    Explanation: To ensure effective rollout and continued quality implementation and provide capacity building for the Pradhan Mantri Jan Arogya Yojana(PMJAY), a Memorandum of Understanding (MoU) was signed between the National Skill Development Corporation (NSDC) and National Health  Agency (NHA) in New Delhi. Under the MoU, NSDC will ensure quality training of Arogyamitra through its network of Skill Development Centres functioning under PMKVY and Pradhan Mantri Kaushal Kendras(PMKK).
     
  12. The 3rd Indian Ocean Conference will be held in which country?
    A) Singapore

    B) Malaysia
    C) Indonesia
    D) Vietnam
    View answer
    Option D
    Explanation: The third edition of Indian Ocean Conference will begin on August 27 at Hanoi, Vietnam. The theme of the two- day conference will focus on ‘Building Regional Architectures’, particularly with regards to trade and commerce, security and governance.
  13. Who has been honored with the FICCI’s Book of Year Award in Hindi category for 2018?
    A) Speaking Tiger Publishing Pvt. Ltd.

    B) Duckbill Books
    C) Sahitya Akademi
    D) Pan Macmillan India
    View answer
    Option C
    Explanation: The Federation of Indian Chambers of Commerce and Industry (FICCI) gave out its “Book of the Year”publishing award to Sahitya Akademi, India’s National Academy of Letters, for its title “Nagaphani Van Ka Itihas”. It has originally been written by Tamil writer-poet Vairmuthu Ramasamy.It was translated in Hindi by H. Balasubramaniam. 
  14. The Meri Fasal-Mera Byora’ portal has been launched by which state enabling farmers to register details of their Kharif crops?
    A) Haryana

    B) Rajasthan
    C) Punjab 
    D) Himachal Pradesh
    View answer
    Option A
    Explanation: 
    Haryana Government has launched the ‘Meri Fasal-Mera Byora’ portal / Fasal e-Soochna portal in the state. Farmers will be able to register the details of their kharif crops on this portal from September 15, 2018. The portal will provide information related to sown kharif crops and to provide the eligible farmers benefit of various government schemes. 
  15. The Ministry of Steel has launched the Corporate Sports Policy for CPSEs under the Ministry for promoting sports. Who is the Union Minister in the Ministry of Steel?
    A) Ananth Kumar

    B) Chaudhary Birender Singh
    C) Dharmendra Pradhan
    D) Thawar Chand Gehlot
    View answer
    Option B
    Explanation: Union Minister of Steel, Chaudhary Birender Singh, unveiled the Corporate Sports Policy for Central Public Sector Enterprises (CPSEs) under the Ministry of Steel. The policy will provide a framework for promotion of sports by Steel Ministry CPSEs.
     

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