Current Affairs Quiz – 28 August 2018

Current Affairs Quiz 28 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 28 August 2018

  1. The Smart Railway Conclave was organised in which city by FICCI?
    A) Mumbai

    B) Hyderabad
    C) New Delhi
    D) Bhopal
    View answer
    Option C
    Explanation: Minister of Railways & Coal, Shri Piyush Goyal inaugurated Smart Railway Conclave in New Delhi. The conclave was organised by Federation of Indian Chambers of Commerce and Industry (FICCI) 
  2. The Government of India has signed MoU with how many states for Lakhwar multi-purpose water storage project?
    A) 5

    B) 9
    C) 2
    D) 6
    View answer
    Option D
    Explanation: Union Water Resources Minister Nitin Gadkari has signed a memorandum of understanding (MoU) with six states for the construction of the Lakhwar multi-purpose project in the upper Yamuna basin to deal with water crisis. The 6 states include Uttar Pradesh, Rajasthan, Uttarakhand, Himachal Pradesh,  Haryana and Delhi.
  3. India and World Bank has signed an agreement worth___________ million for India Energy Efficiency Scale-Up Program?
    A) $ 200 million

    B) $ 300 million
    C) $ 100 million
    D) $ 500 million
    View answer
    Option B
    Explanation: The Government of India and the World Bank has signed $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program. 
  4. The Ministry of Shipping has inked pact with Maharashtra and Madhya Pradesh for _______ km Indore- Manmad New Railway Line Project.
    A) 472 km

    B) 252 km
    C) 362 km
    D) 142 km
    View answer
    Option C
    Explanation: An MoU for implementation of the 362 km Indore- Manmad New Railway Line Project was signed between Jawaharlal Nehru Port Trust- Ministry of Shipping, Ministry of Railways, Govt of Maharashtra and Govt of Madhya Pradesh. The implementation of the Rs 90 billion Indore-Manmad rail project will be through the Indian Port Rail Corporation Limited (IPRCL) on Joint Venture  SPV model. The project will be constructed within six years
    .
  5. Name the Campaign launched by Odisha to identify the potential among the youth and recognise them in society.
    A) Mu Hero Mu Odisha

    B) Ami Hero Ami Odisha
    C) Nanu Hero Nanu Odisha
    D) Nu Hero Nu Odisha
    View answer
    Option A
    Explanation: Odisha Chief Minister Naveen Patnaik has launched the ‘Mu Hero Mu Odisha’ (I am hero, I am Odisha) campaign that aimed at identifying agents of change and recognising their contribution to the state.
     
  6. Who has been elected as the new President of DMK?
    A) Anbumani Ramadoss

    B) Vijayakanth
    C) Durai Murugan
    D) M.K.Stalin
    View answer
    Option D
    Explanation: M.K.Stalin has been elected as the DMK (Dravida Munnetra Kazhagam) President unopposed at the party’s General Council meeting in Chennai on August 28.
     
  7. Centre has inked pact with which institution for $250 million Development Policy Loan (DPL) to improve Electricity Distribution Sector in Rajasthan?
    A) Asian Development Bank

    B) World Bank
    C) International Monetary Fund
    D) Asian Infrastructure Investment Bank
    View answer
    Option B
    Explanation: The Government of India, the Government of Rajasthan and the World Bank has signed $250 million Development Policy Loan (DPL) to support the Government of Rajasthan in improving the performance of its Electricity Distribution Sector under the State’s 24×7 Power for All program.
     
  8. The new online tool Navlekha has been launched by__________
    A) Amazon

    B) Facebook
    C) Google
    D) Microsoft
    View answer
    Option C
    Explanation: 
    Google has announced the launch of a new project called Navlekha to make online content available for more Indians in their respective Indian languages. Navlekha is derived from a Sanskrit meaning “a new way to write.”
  9. What is the new brand name of Google’s payment app Google Tez?
    A) Google Wallet

    B) Google Reward
    C) Google Money
    D) Google Pay
    View answer
    Option D
    Explanation: 
    Google India, rebranded its payments app for India Google Tez as Google Pay, and also launched its new features. 
  10. The government of Rajasthan has tied up with which bank to unveil its Bhamashah Wallet?
    A) Yes Bank

    B) HDFC Bank
    C) State Bank of India
    D) ICICI Bank
    View answer
    Option A
    Explanation: 
    YES BANK has partnered with the Government of Rajasthan to launch Bhamashah Wallet. It is a simple instant payment digital wallet solution for the state of Rajasthan. 
  11. Which among the following banks has been conferred with World’s Best Global Banks 2018 Awards by Global Finance magazine?
    A) HSBC Bank

    B) DBS Bank
    C) Deutsche Bank
    D) Standard Chartered
    View answer
    Option B
    Explanation: Singapore based DBS Bank has been named Best Bank in the World by Global Finance Magazine particularly for its leadership in digital transformation. The prestigious top award was conferred to DBS by Global Finance in its
     World’s Best Global Banks 2018 Awards. 
  12. India’s first manned space flight named ___________ is expected to send 3 persons into space.
    A) Chandrayaan

    B) Gaganyaan
    C) Amberyaan
    D) Vaayuyaan
    View answer
    Option B
    Explanation: India’s first manned space flight – Gaganyaan – is expected to send three persons, including a woman, into the space for seven days. The spacecraft will be placed in a low earth orbit of 300-400 km. Minister of State for Atomic Energy and Space, Jitendra Singh said GSLV Mk III, the three-stage heavy lift launch vehicle, will be used to launch Gaganyaan as it has the necessary payload capability. 
  13. The New Kabaddi Federation of India (NKFI) is based in which city?
    A) Kolkata

    B) Gurgaon
    C) New Delhi
    D) Indore
    View answer
    Option C
    Explanation: The New Kabaddi Federation of India (NKFI), a leading association promoting the sport, is all set to launch Indo International Premier Kabaddi League, the first of its kind in the country
    .
  14. DBS Bank is headquartered at__________
    A) Singapore

    B) United States
    C) Germany
    D) China
    View answer
    Option A
  15. What is the total cost of the Indore- Manmad New Railway Line Project?
    A) Rs 100 billion

    B) Rs 70 billion
    C) Rs 80 billion
    D) Rs 90 billion
    View answer
    Option D
    Explanation: The implementation of the Rs 90 billion Indore-Manmad rail project will be through the Indian Port Rail Corporation Limited (IPRCL) on Joint Venture  SPV model. The project will be constructed within six years.
     

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