Current Affairs Quiz – 03 January 2019

Current Affairs Quiz 03 January 2019

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 03 January 2019

  1. Who will head the expert committee on MSME to be formed by RBI to suggest reforms in the Sector?
    A) U.K. Sinha

    B) C. B. Bhave
    C) D. R. Mehta Banker
    D) Shashi Kant Sharma
    View answer
    Option A
    Explanation: 
    RBI will constitute an Expert Committee on Micro, Small and Medium Enterprises that will be headed by Shri U.K. Sinha (Former Chairman, Securities and Exchange Board of India). It has 8 members including Sinha. 
  2. Which city will host the Conference on India Pharma 2019 and India Medical Device 2019?
    A) Mumbai

    B) New Delhi
    C) Bengaluru
    D) Hyderabad
    View answer
    Option C
    Explanation: 
    The 4th edition of INDIA PHARMA 2019 and INDIA MEDICAL DEVICE 2019 will be held on 18-19 February 2019, in Bengaluru, Karnataka. The theme for India Pharma 2019 is ‘Enabling Quality Affordable Healthcare’ while that of India Medical Device 2019 is ‘Med-Tech India: Gearing up for Ayushman Bharat’.  
  3. Name the largest asset management company (AMC) in India
    A) Reliance Mutual Fund

    B) HDFC Mutual Fund
    C) SBI Mutual Fund
    D) ICICI Prudential Mutual Fund
    View answer
    Option B
    Explanation: 
    HDFC Mutual Fund has pipped ICICI Prudential MF to become the country’s largest asset management company (AMC) after a gap of over two years. 
  4. Indian-origin Dhruv Manoj, who has won the gold medal at the World Memory Championship in Hong Kong, hails from which country?
    A) United Kingdom

    B) United States
    C) Mauritius
    D) Singapore
    View answer
    Option D
    Explanation: 
    An Indian-origin student Dhruv Manoj from Singapore won two gold medals at the World Memory Championships held in Hong Kong from December 20-22, 2018. The 12-year-old won in the “names and faces” and “random words” disciplines, beating 56 other contestants in the “kids category”. 
  5. The 106th edition of the Indian Science Congress has been organised in which city?
    A) Lucknow
    B) Surat
    C) Jalandhar
    D) New Delhi
    View answer
    Option C
    Explanation: 
    Prime Minister Shri Narendra Modi inaugurated the 106th edition of the Indian Science Congress at the Lovely Professional University in Jalandhar on January 3, 2019. The theme of the 2018 event is ‘Future India: Science and Technology’.
  6. Under the share swap ratio announced for the proposed merger of Dena, Vijaya with BoB, will enable shareholders of Dena Bank and Vijaya Bank to receive ________ and __________equity shares respectively of BoB for every 1,000 shares they hold. 
    A) 110 and 402
    B) 105 and 390
    C) 115 and 425
    D) 101 and 420
    View answer
    Option A
    Explanation: 
    For every 1,000 equity shares of Vijaya Bank investors will get 402 equity shares of Bank of Baroda. For every 1,000 equity shares of Dena Bank investors will get 110 equity shares of Bank of Baroda
  7. The Veer Savarkar International Airport, which has recently been declared as an authorised immigration check post, is in which state/UT?
    A) Sikkim

    B) Andaman and Nicobar Islands
    C) Nagaland
    D) Delhi
    View answer
    Option B
    Explanation: 
    The central government has designated the Veer Savarkar International Airport in Port Blair of Union territory of Andaman and Nicobar Islands as an authorised immigration check post for entry into/exit from India with valid travel documents for all classes of passengers. 
  8. The Indian Panorama Film Festival 2018 will be held in which city?
    A) Hyderabad

    B) Pune
    C) Mumbai
    D) New Delhi
    View answer
    Option D
    Explanation: 
    The Indian Panorama Film Festival will be organized from 4 to 13 January, 2019 in New Delhi. The ten-day Festival is being organized by the Directorate of Film Festivals, Ministry of Information & Broadcasting. 
  9. The ‘Krishi Krishak Bandhu’ scheme of the West Bengal government will provide a life insurance cover of how much amount to the families in case of death of a working farmer?
    A) Rs 2 lakh
    B) Rs 5 lakh
    C) Rs 1 lakh
    D) Rs 3 lakh
    View answer
    Option A
    Explanation: 
    The state government of West Bengal has announced two initiatives under the ‘Krishi Krishak Bandhu’ scheme to provide financial assistance to the farmers. The first programme will give an annual financial assistance of Rs 5,000 per acre in two installments  (Rs 2,500) – one during kharif and another during rabi – for a single crop. Farmers can take the financial assistance at one go too. Under the second programme, life insurance cover of Rs. 2 lakh will be given in case of death (irrespective of the cause) of an earning farmer aged between 18 and 60 years. 
  10. Dibyendu Palit who died recently was a veteran__________
    A) Singer

    B) Journalist
    C) Writer
    D) Judge
    View answer
    Option C
    Explanation: 
    Renowned Bengali writer and Sahitya Akademi awardee Dibyendu Palit passed away at the age of 79.  He was conferred the Sahitya Akademi for his novel ‘Anubhab’ in 1998

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