Current Affairs Quiz – 8 October 2018

Current Affairs Quiz 8 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 08 October 2018

  1. Denis Mukwege and Nadia Murad have won the Nobel Prize for which field in 2018?
    A) Chemistry

    B) Peace
    C) Medicine
    D) Economic Science
    View answer
    Option B
  2. The Corporate Affairs Ministry has formed a committee under the leadership of whom to investigate whether huge discount offered by e-commerce firm promotes competition and threat to other traders.
    A) Injeti Srinivas
    B) Pradeep Kumar Sinha
    C) Bhaskar Khulbe
    D) A.K. Dhasmana
    View answer
    Option A
    Explanation: The Ministry of Corporate Affairs has set up 10-member panel Chaired by corporate affairs secretary Injeti Srinivas to
     find out if the steep discounts offered by online retailers like Amazon and Flipkart, promotes competition. 
  3. Which state has launched the Unnati Scheme for the welfare of the entrepreneurs belonging to SC/ST communities?
    A) Odisha

    B) Telangana
    C) Karnataka
    D) Andhra Pradesh
    View answer
    Option C
    Explanation: The Government of Karnataka has launched a scheme named Unnati for the entrepreneurs belonging to marginal background or SC/ST communities. Under the scheme, the Karnataka Department of Social Welfare will invest up to Rs 20 crore to create end-to-end support infrastructure for start-ups and entrepreneurs.
     
  4. The National Housing Bank has raised the refinance limit for the Housing Finance Companies to Rs _____________ for period between July 2018 to June 2019 
    A) Rs 38,000 cr
    B) Rs 25,000 cr
    C) Rs 42,000 cr
    D) Rs 30,000 cr
    View answer
    Option D
    Explanation: The National Housing Bank (NHB) has raised refinance limit for housing finance companies to Rs 30,000 crore from the earlier Rs 24,000 crore for the period between July 2018 to June 2019. Now, eligible Housing Finance Companies & other entities will have increased availability of funds
    .
  5. Who among the given has won the 2018 Nobel Prize for Physiology/ Medicine?
    A) Gerard Mourou and Donna Strickland 

    B) James P. Allison and Tasuku Honjo
    C) George P. Smith and Sir Gregory P. Winter
    D) Paul M. Romer and William D. Nordhaus
    View answer
    Option B
  6. The Indian Air Force observed its __________ foundation day on October 8, 2018
    A) 82nd

    B) 85th
    C) 86th
    D) 89th
    View answer
    Option C
    Explanation:Air Force Day 2018 celebrated the 86th anniversary of the the official foundation day of the force on October 8. Indian Air Force was officially established on
     8 October 1932
  7. Central Government has reconstituted the Environment Pollution (Prevention and Control) Authority (EPCA) whose tenure ended on October 3. Who is the head of the committee?
    A) Bhure Lal 

    B) Sunita Narain
    C) Navroz K. Dubash
    D) Vishnu Mathur
    View answer
    Option A
    Explanation: The Centre has reconstituted Supreme Court-empowered Environment Pollution (Prevention and Control) Authority (EPCA) which is tasked with taking various measures to tackle air pollution in the National Capital Region. The tenure of the last EPCA expired on October 3. The 20-member re-constituted authority will have
     former IAS Bhure Lal as the chairman.
  8. “Clear Sky 2018” is a large scale air exercise of which country with NATO nations?
    A) Vietnam

    B) Ukraine
    C) Argentina
    D) Brazil
    View answer
    Option B
    Explanation: 
    Ukraine began a series of large-scale air force exercises “Clear Sky 2018”  with the United States and other NATO countries on October 8 in western Ukraine. The war games will run until October 19. The aim is to enhance regional capabilities to secure air sovereignty and promote peace and security through cooperation.
  9. Which Indian body has inked pact with the UNEP for coherent implementation of the environmental dimension of sustainable development?
    A) ASSOCHAM

    B) FICCI
    C) NITI Aayog
    D) Confederation of Indian Industry (CII)
    View answer
    Option D
    Explanation: The Confederation of Indian Industry (CII) and UN Environment has signed an MoU for coherent implementation of the environmental dimension of sustainable development. A major focus of the MoU will be the #Un-plastic Initiative of CII and UN Environment, which is in line with World Environment Day 2018 theme, Beat Plastic Pollution.
     
  10. Which among the given is world’s first global shared trading platform?
    A) Sharechain

    B) Blockchain
    C) Exchain
    D) Tradechain
    View answer
    Option C
    Explanation: The world’s first shared trading platform, Exchain, rolled out its public beta test on October 6, 2018. Exchain is the first global shared trading platform, using centralized blockchain technology to matching orders efficiently, and gradually record platform Tokens on blockchain. Different from traditional trading platform, Exchain belongs to the real user and shares the income with partners, share the profit with users.
     

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