Current Affairs Quiz – 01 May 2019

Current Affairs Quiz 01 May 2019: Based on the Current Affairs and Important News of 01 May 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 exams. 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.

1. SEBI has barred NSE from accessing securities market for a period of___________
   A) 3 months
   B) 12 months
   C) 6 months
   D) 4 months
   
   View answer

   Option C
   Explanation: Securities and Exchange Board of India (SEBI) has barred National Stock Exchange (NSE)from accessing the securities market directly or indirectly for a period of six months starting from April 30, 2019. It means NSE cannot launch a new derivative product for the next six months. 
2. The phase I of Indo-French joint naval exercise, “Varuna-19” is organised in which state?
   A) Tamil Nadu
   B) Andhra Pradesh
   C) Odisha
   D) Goa
   
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   Option D
   Explanation: The 17th edition of the Indo-French joint naval exercise, “Varuna-19”, began on May 1 off the Goa coast.  The exercise will be conducted in two phases. The first part of the exercise, Varuna 19.1, is the harbour phase that will be held off the Goa coast from May 1-10, 2019. The second part, Varuna 19.2, is the sea phase which is scheduled to be held at the end of May 2019 in Djibouti. 
3. Who will be the Chairman of the committee formed by CPWD to bring out the Safety Manual of the department?
   A) Ravindra Kumar Thathu
   B) K M Soni
   C) Sunil Kumar Garg
   D) Prabhakar Singh
   
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   Option B
   Explanation: The Central Public Works Department (CPWD) has constituted a 10-member committee to bring out ‘Safety Manual’ of the department. The committee is headed by Additional Director General (ADG) K M Soni. 
4. When is the International Workers’ Day observed?
   A) May 1
   B) April 30
   C) April 29
   D) April 28
   
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   Option A
   Explanation: The International Workers’ Day is held annually on May 1 to honour the contributions of the labourers or working class people. This day is also known as Workers’ Day, Labour Day and as May Day. 
5. The Goldman Environmental Prize is given by which country?
   A) France
   B) Germany
   C) Mexico
   D) United States
   
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   Option D
   Explanation: The awarded Goldman Environmental Prize is awarded every year to grassroots environmental activists, one from each of the world’s six geographic regions: Africa, Asia, Europe, Islands and Island Nations, North America, and South and Central America by the Goldman Environmental Foundation headquartered in San Francisco, California.
6. The Union Environment Ministry has constituted a committee to implement the National Clean Air Programme (NCAP). Who will head the committee?
   A) NITI Aayog Vice Chairman
   B) NGT Chairperson
   C) Secretary, Union Environment Ministry
   D) Director General, TERI
   
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   Option C
   Explanation: The Union Environment Ministry has constituted a committee to implement the National Clean Air Programme (NCAP). The Secretary, Union Environment Ministry will chair the committee. It will have its headquartered in New Delhi. NCAP aims to reduce particulate matter (PM) pollution by 20%-30% in at least 102 cities by 2024. 
7. What was the profession of B Subhashan Reddy who passed away recently?
   A) Judge
   B) Journalist
   C) Politician
   D) Author
   
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   Option A
   Explanation: B Subhashan Reddy, the former Chief Justice of Madras and Kerala High Courts passed away due to ill-health. He was 76. 
8. SEBI has directed NSE to contribute Rs.624.89 crores to IPEF. What does it stands for?
   A) Investor Participation and Enhancement Fund
   B) Investment Portfolio and External Fund
   C) Investment Payment and Economic Fund
   D) Investor Protection and Education Fund
   
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   Option D
   Explanation: SEBI has also directed NSE to disgorge an amount of Rs.624.89 crores to the Investor Protection and Education Fund (IPEF) created by SEBI under Section 11 of the SEBI Act. 
9. The National Clean Air Programme (NCAP) of the Union Ministry of Environment aims to reduce the PM level of pollution by 20-30 percent by which year?
   A) 2020
   B) 2024
   C) 2025
   D) 2030
   
   View answer

   Option B
   Explanation: NCAP aims to reduce particulate matter (PM) pollution by 20%-30% in at least 102 cities by 2024. 
10. What is the theme of International Worker’s Day?
    A) Let’s value work by providing the jobless with start-up capital support
    B) Celebrating the international labour movement
    C) Uniting Workers for Social and Economic Advancement
    D) Sustainable Pension for all: The Role of Social Partners
    
    View answer

    Option C
    Explanation:  The theme of Labour Day 2019 is ‘Uniting Workers for Social and Economic Advancement’. 

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