Current Affairs Quiz 31 August 2019: Based on the Current Affairs and Important News of 31 August 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 every day to be prepared for all Current Affairs Quiz 31 August 2019. Most important current affairs questions for 31 August 2019 Current affairs quiz questions important for competitive 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.
- With effect from September 1, 2019, what will be the rate of TDS that would be deducted on cash withdrawal above Rs 1 crore in a single year, as per the latest notification of the government?
A) 3%
B) 1%
C) 2%
D) No TDS will be deducted
View answer
Option C
Explanation: The Revenue Department has announced that the from September 01, 2019, 2% TDS will be deducted on cash withdrawal of over Rs 1 crore within a year. For a person who has already withdrawn Rs 1 Crore, since April 1, 2019 till Sept 01, 2019, the TDS of 2% will be deducted on subsequent cash withdrawal.
- CBDT has recently formed a Startup Cell under the chairmanship of Member (Income Tax and Computerisation) of the Board to address the tax related grievances of startups. The cell consists of how many members?
A) 3
B) 11
C) 7
D) 5
View answer
Option D
Explanation: The Central Board of Direct Taxes (CBDT) has formed a five-member special cell called as ‘Startup Cell’ to address the grievances of startups with relation to angel tax and other tax-related issues. The cell will provide speedy resolution to grievances and mitigate tax-related issues of startup entities with respect to administration of Income-tax Act, 1961. The cell will be headed by Member (Income Tax and Computerisation (IT & C)) of CBDT. P K Dash is the current member (IT & C) of the board.
- Recently the final list of Assam’s National Register of Citizens was released. Approximately what number of people have been left out from inclusion in the list?
A) 19,06,657
B) 30,27,661
C) 21,84,772
D) 11,21,004
View answer
Option A
Explanation: Prateek Hajela, the State coordinator of the National Register of Citizens in Assam has released the Assam’s final National Register of Citizens list. Prateek Hajela was appointed as the state coordinator following a Supreme Court order for updating the citizenship roll in 2013. Here are some major highlights of the NRC: 3,11,21,004 people have been found eligible for inclusion in the list. 19,06,657 people have been left out. A total of 3,30,27,661 persons had applied for NRC.
- Who is the new Director General of India’s Border Security Force (BSF)?
A) Rajni Kant Mishra
B) Aswini Kumar
C) Vivek Kumar Johri
D) Ajay Raj Sharma
View answer
Option C
Explanation: IPS officer Vivek Kumar Johri has taken over as the new Director General (DG) of the Border Security Force (BSF) on August 31, 2019. His tenure will end in September 2020. He succeeds Rajni Kant Mishra, and is the 25th chief of the force.
- NPCI has raised the Merchant discount rates (MDR) for BHIM UPI transactions to ___________ percent
A) 0.25%
B) 0.30%
C) 0.35%
D) 0.50%
View answer
Option B
Explanation: The National Payments Corporation of India (NPCI) has revised the Merchant discount rates (MDR) for BHIM UPI transactions. The new limits are:
- MDR has been revised to 0.30% with a maximum cap of Rs. 100 per transaction.
- MDR for offline merchant where transactions are done through QR Scan and Pay will be Zero for transaction up to Rs. 100.
- Which state has launched the ‘walk to work’ campaign as a part of Fit India Movement?
A) West Bengal
B) Uttar Pradesh
C) Rajasthan
D) Meghalaya
View answer
Option D
Explanation: Meghalaya Chief Minister Conrad K Sangma, has launched ‘walk to work’ campaign in state as a part of Fit India Movement. The campaign is named #WalktoWorkMeghalaya.
- The Government has approved to set up the Gorewada International Zoo and Biopark in which city?
A) Nagpur
B) Pune
C) Hyderabad
D) Jaipur
View answer
Option A
Explanation: The Union Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar has informed that the Government has approved to establish an International Standard Zoo and Biopark on the forest land at Gorewada, Nagpur, in a major steps towards protecting the forests.
- Which among these companies has partnered with the Ministry of Electronics and IT to launch ‘Build for Digital India’ programme?
A) Apple
B) Google
C) Amazon
D) Microsoft
View answer
Option B
Explanation: Technology giant Google has signed a statement of intent with the Ministry of Electronics and IT (MeitY) for rolling out ‘Build for Digital India’ programme. The programme will provide a platform to engineering students to develop market-ready, technology-based solutions to address some of the toughest social challenges that India faces today.
- Renowned American personality Jessi Combs passed away recently. She was a well known ___________
A) Singer
B) Wrestler
C) Car Racer
D) Actress
View answer
Option C
Explanation: Jessi Combs popularly known by the nickname of “fastest woman on four wheels.” died in a car crash in an attempt to break a record. She was of 36 years.
- The short range surface-to-surface ballistic missile named ‘Ghaznavi’ was recently test fired by which country?
A) Malaysia
B) Bangladesh
C) Sri lanka
D) Pakistan
View answer
Option D
Explanation: Pakistan conducted the successful test-firing of surface-to-surface ballistic missile named ‘Ghaznavi’. The short range missile was launched from the Sonmiani flight test range in Balochistan.
