Current Affairs Quiz – 28 February 2019

Current Affairs Quiz 28 February 2019: Based on the Current Affairs and Important News of 28 February 2019 we have framed important current affairs questions for banking and competitive exams. These current affairs quiz questions will be helpful for upcoming competitive exams. Give our online current affairs test everyday to be prepared for any exam. We try to prepare the best and most expected current affairs questions with answers. Attempt our daily current affairs quiz on our mobile app too.

Current Affairs Quiz 28 February 2019

  1. What is the projected growth rate of Indian economy for 2018-19 as per the latest estimates of CSO?
    A) 7.5%

    B) 7.4%
    C) 7.2%
    D) 7.0%
    View answer
    Option D
    Explanation: 
    Central Statistics Office (CSO) has released the Second Advance Estimates of National Income. As per the data the GDP growth rate projected for India in 2018-19 is 7%. 
  2. The National Science Day is held annually on which date?
    A) February 27
    B) February 28
    C) February 26
    D) February 25
    View answer
    Option B
    Explanation: 
    National Science Day – February 28, Theme for 2019 – “Science for the People, and the People for Science”
  3. Who will head the 8 member committee constituted by RBI on Offshore Rupee Markets?
    A) Y V Reddy

    B) Shyamala Gopinath
    C) Usha Thorat
    D) Harun R. Khan
    View answer
    Option C
    Explanation: 
    The Reserve Bank has set up a Task Force on Offshore Rupee Markets. It has 8 members and is headed by Smt. Usha Thorat, former Deputy Governor, Reserve Bank of India 
  4. How many medals have been won by India in the New Delhi 2019 ISSF World Cup?
    A) 3

    B) 5
    C) 7
    D) 2
    View answer
    Option A
    Explanation: 
    The 2019 ISSF World Cup was held from February 20 to 28, 2019 in New Delhi by the International Shooting Sport Federation (ISSF). India finished joint third with Hungary on Medal Tally list with 3 medals (all gold).
  5. What is the total worth of the Agreement for Bilateral Swap Arrangement (BSA) signed between RBI and Bank of Japan effective from February 28, 2019?
    A) USD 55 billion
    B) USD 90 billion
    C) USD 50 billion
    D) USD 75 billion
    View answer
    Option D
    Explanation: 
    The Reserve Bank of India (RBI) has signed the Agreement for Bilateral Swap Arrangement (BSA) with the Bank of Japan (BOJ) worth USD 75 billion.This agreement for BSA has come into effect from February 28, 2019. 
  6. Who has been appointed as the new non executive Chairman of IDBI Bank?
    A) Sandeep Bakhshi

    B) Hemant Bhargava
    C) Subhash Chandra Khuntia
    D) Amitabh Chaudhry
    View answer
    Option B
    Explanation: 
    Hemant Bhargava has been appointed as the non-executive, non-whole time chairman of IDBI Bank. Bhargava is currently the Chairman (in-charge) and Managing Director of Life Insurance Corporation of India (LIC). 
  7. With which institution, India has signed USD 455 million loan agreement for Andhra Pradesh Rural Roads Project?
    A) Asian Infrastructure Investment Bank (AIIB)

    B) World Bank
    C) Asian Development Bank
    D) International Monetary Fund
    View answer
    Option A
    Explanation: 
    The Asian Infrastructure Investment Bank (AIIB) and the Government of India signed a USD 455 million loan  to finance the Andhra Pradesh Rural Roads Project. 
  8. The Shanti Swarup Bhatnagar Award is related to which field?
    A) Music

    B) Arts
    C) Science
    D) Sports
    View answer
    Option C
    Explanation: 
    The Prime Minister Shri Narendra Modi  presented the Shanti Swarup Bhatnagar Prize for Science and Technology in New Delhi on 28 February 2019. The award was presented for the year 2016, 2017 and 2018. A total of 35 recipients were presented with the award in different fields. 
  9. Which public sector bank has topped the 2018 EASE Reforms Index for implementation of reforms agenda?
    A) State Bank of India

    B) Punjab National Bank
    C) Allahabad Bank
    D) Bank of Baroda
    View answer
    Option B
    Explanation: 
    Shri Arun Jaitley released the first report on EASE Reforms Index on February 28, 2019. It measures progress on the Public Sector Banks (PSB) Reforms Agenda announced last January on 140 objective, benchmarked metrics. As per the Report, Punjab National Bank has topped the list among public sector banks in the implementation of ‘reforms agenda’, followed by Bank of Baroda and State Bank of India.
  10. The BioAsia 2019 Convention was held in which city?
    A) Bengaluru

    B) New Delhi
    C) Mumbai
    D) Hyderabad
    View answer
    Option D
    Explanation: 
    The 16th Edition of the BioAsia 2019 was held in Hyderabad, Telangana from February 25 to 27, 2019. It is Asia’s largest Biotechnology and Life-sciences forum. The 3 day event was based on the theme “Life Sciences 4.0 – Disrupt the Disruption”. 
  11. iPay is the payment aggregator system launched by which entity?
    A) Ola Cabs

    B) Paytm
    C) IRCTC
    D) Facebook
    View answer
    Option C
    Explanation: 
    The Indian Rail Catering and Tourism Corporation (IRCTC) on February 28, 2019 launched its own payment aggregator system ‘IRCTC iPay’ in a bid to promote digital transactions. 
  12. The TECH-SOP 2019 was recently organised by which ministry?
    A) Ministry of Micro, Small and Medium Enterprises

    B) Ministry of Human Resource Development
    C) Ministry of Electronics and Information Technology
    D) Ministry of Skill Development and Entrepreneurship
    View answer
    Option A
    Explanation: 
    The Ministry of Micro, Small and Medium Enterprises (MSME) organized a programme on Technology Support and Outreach (TECH-SOP 2019) in New Delhi. 

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