Current Affairs Quiz – 3 October 2018

Current Affairs Quiz 3 October 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 03 October 2018

  1. The joint military exercise of India with Russian Army named Indra-2018 will take place in which state?
    A) Assam

    B) Telangana
    C) Rajasthan
    D) Uttar Pradesh
    View answer
    Option D
    Explanation: The joint military exercise – Indra-2018 – between Indian and Russian Army will take place from November 18 to 28 at a training ground near the town of Babina in the state of Uttar Pradesh of the Republic of India.
     
  2. Which among the given has become compulsory for issuance of e-way bills?
    A) PIN Code

    B) Passport ID
    C) Phone Number
    D) Voter ID
    View answer
    Option A
    Explanation: With the motive to tighten the norms for issuance of e-way bill, the GST Network has made it mandatory for businesses and transporters to mention PIN codes of places of loading and unloading of consignments.
  3. Who among the following has been selected to be honored posthumously with the 2018 Congressional Gold Medal by US Congress?
    A) Rajiv Gandhi
    B) Sardar Vallabhbhai Patel
    C) Mahatma Gandhi
    D) APJ Abdul Kalam
    View answer
    Option C
    Explanation: The US lawmakers have moved a resolution in the US House of Representatives to posthumously award the prestigious Congressional Gold Medal to Mahatma Gandhi in recognition of his promotion of peace and non-violence. The Congressional Gold Medal is the highest civilian honour given by the US Congress and very few foreigners have been recipients of this award.
     
  4. The first Indian stock exchange to launch commodity derivative contracts is____________
    A) NSE

    B) BSE
    C) India International Exchange
    D) Both A & B
    View answer
    Option B
    Explanation: The Bombay Stock Exchange (BSE) has become India’s first stock exchange to enter into commodity derivatives segment by offering futures trading in gold and silver contracts. With this, BSE has become India’s first universal stock exchange with all assets classes including equity, mutual funds, currency and commodity in its portfolio. NSE will launch its commodity derivatives segment from October 12
  5. Justice Ranjan Gogoi has been sworn in as the ___________ Chief Justice of India
    A) 48

    B) 45
    C) 47
    D) 46
    View answer
    Option D
    Explanation: Justice Ranjan Gogoi has taken over as the 46th Chief Justice of India. He succeeds Justice Dipak Misra who retired on October 1. Gogoi is the first person from the Northeastern India to reach the top position of judiciary
  6. Operation Samudra Maitri has been launched by India to provide humanitarian assistance to the earthquake and tsunami victims in which country?
    A) Syria

    B) Vietnam
    C) Indonesia
    D) Bulgaria
    View answer
    Option C
    Explanation: India has launched ‘Operation Samudra Maitri’ to provide humanitarian assistance to the survivors of earthquake and consequent tsunami in
     Central Sulawesi province of Indonesia.
  7. Name the e-wallet company which has launched an instant wallet loan facility named Boost?
    A) MobiKwik

    B) Paytm
    C) Freecharge
    D) PhonePe
    View answer
    Option A
    Explanation: Mobile wallet start-up MobiKwik has launched an instant loan disbursal feature on its platform called“Boost” that will enable the users to get loans of up to Rs 60,000 in their e-wallet within 90 seconds. MobiKwik is the first wallet player to disburse the loan amount in the user’s mobile wallet.
     
  8. Who has been appointed as the Chairman of the working group committee of World Federation of Exchanges (WFE)?
    A) Rahul Johri

    B) Vikram Limaye
    C) Rajiv Lall
    D) Vinod Rai
    View answer
    Option B
    Explanation: NSE’s Managing Director and CEO Vikram Limaye has been appointed as the Chairman of the working group committee of World Federation of Exchanges (WFE) and Director on the board of WFE. WFE has also admitted six new members on the board taking the total number of full members to 70. 
  9. India’s first National Dolphin Research Centre (NDRC) is soon to be set up in which city?
    A) Guwahati

    B) Chandigarh
    C) Patna
    D) Gandhinagar
    View answer
    Option C
    Explanation: India’s first National Dolphin Research Centre (NDRC) is soon to be set up on the banks of the Ganga river in the Patna University premises in November 2018
    .
  10. Barham Salih has been elected as the new President of which country?
    A) Iraq

    B) Maldives
    C) Syria
    D) Afghanistan
    View answer
    Option A
    Explanation: Iraq’s legislators have elected veteran Kurdish politician Barham Salih as the country’s 9th President. Salih replaces Fuad Masum
  11. Who has been named India’s flag-bearer for the 3rd Youth Olympic Games to be held in Buenos Aires in October 2018?
    A) Saurabh Chaudhary 

    B) Jyoti Gulia
    C) Lakshya Sen
    D) Manu Bhaker
    View answer
    Option D
    Explanation: Star shooter Manu Bhaker has been named as the flag-bearer of the Indian contingent for the 3rd Youth Olympic Games to be held in Buenos Aires, Argentina from October 6-18, 2018
  12. The International Coffee Day is observed annually on______________
    A) October 2

    B) October 1
    C) October 3
    D) October 4
    View answer
    Option B
    Explanation: The International Coffee Day is celebrated on the first day of October all over the world to celebrate the delicious beverage. October 1 was chosen in 2015 by the International Coffee Organization. The theme for 2018 celebration is ‘Women in Coffee’, with the aim to empower women and acknowledge their important role in the process of coffee production.
  13. What is the rank of India in the 2018 Government e-Payments Adoption Ranking Index (GEAR) published by the Economist Intelligence Unit?
    A) 28

    B) 32
    C) 46
    D) 51
    View answer
    Option A
    Explanation: 
    India has been ranked 28th among 73 global countries when it comes to government e-payment adoption. Based on the freshly-published Government e-Payments Adoption Ranking Index (GEAR) by the Economist Intelligence Unit, Norway has topped the list followed by France and Denmark respectively.
  14. MobiKwik’s Boost platform will disburse an amount of Rs ________ as instant loan to its customers within 90 seconds in their mobile wallet.
    A) Rs 20,000

    B) Rs 50,000
    C) Rs 60,000
    D) Rs 70,000
    View answer
    Option C
    Explanation: Mobile wallet start-up MobiKwik has launched an instant loan disbursal feature on its platform called“Boost” that will enable the users to get loans of up to Rs 60,000 in their e-wallet within 90 seconds.
  15. Which city will host the 2018 Youth Olympic Games in October?
    A) Rio de Janeiro

    B) Beijing
    C) Athens
    D) Buenos Aires
    View answer
    Option D
    Explanation: The 3rd Youth Olympic Games will be held in Buenos Aires, Argentina from October 6-18, 2018
  16. Who is the MD & CEO of the National Stock Exchange (NSE)?
    A) Ashish Chauhan

    B) Vikram Limaye
    C) Ajay Tyagi
    D) Aditya Puri
    View answer
    Option B
  17. Udyam Abhilasha is a National Level Entrepreneurship Awareness Campaign launched by______________
    A) EXIM Bank

    B) NABARD
    C) SIDBI
    D) NHB
    View answer
    Option C
    Explanation: Small Industries Development Bank of India (SIDBI), had launched a National Level Entrepreneurship Awareness Campaign, Udyam Abhilasha in 115 Aspirational Districts identified by NITI Aayog in 28 States. The campaign would run from October 3-8, 2018 across India covering around 15,000 youths.
     
  18. The headquarter of the World Federation of Exchanges (WFE) is located at________
    A) Singapore

    B) Paris, France
    C) New York, United States
    D) London, UK
    View answer
    Option D
  19. Manu Bhaker is related to which sports?
    A) Swimming

    B) Shooting
    C) Archery
    D) Badminton
    View answer
    Option B
  20. Which financial body has sanctioned $ 240 milion loan amount for safe drinking water in 3 districts of West Bengal?
    A) Asian Development Bank

    B) Asian Infrastructure Investment Bank
    C) BRICS Bank
    D) International Monetary Fund
    View answer
    Option A
    Explanation: India and Asian Development Bank (ADB) has signed $240 million loan agreement to provide safe drinking water in three districts of West Bengal. The project aims to provide safe and sustainable drinking water to people in Bankura, North 24 Parganas and Purba Medinipur affected by arsenic, fluoride and salinity.
     

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