Current Affairs Quiz 04 July 2018
Current Affairs forms an important part of all Bank exams. Practise 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. 04 July 2018
- The Election Commission of India has launched an innovative braille featured electoral card called___________ for the visually impaired people.
A) DEEDS
B) EPIC
C) ECARD
D) CAST
View answer
Option B
Explanation: The Election Commission of India (ECI) has launched Electors Photo Identity Card (EPIC) with Braille on it to ensure participation of visually impaired persons in the electoral process. The innovative card was launched by Chief Election Commissioner O P Rawat at the last session of a National Consultation on Accessible Election organised by ECI in New Delhi.
- Name the Mobile App developed by the Ministry of Coal to keep check on illegal coal mining activities.
A) Saral Sarvekshan
B) Uttam
C) Koyla Nigrani
D) Khan Prahari
View answer
Option D
Explanation: The Union Ministry of Coal, has developed a web based GIS application called Coal Mining Surveillance & Management System (CMSMS) through which location of sites for unauthorised mining can be detected for reporting, monitoring and taking suitable action on unauthorised coal mining activities. The Ministry has also unveiled a Mobile Applications tool named Khan-Prahari for reporting any illegal activity related to coal mining provided by responsible citizens using the App by way of uploading geo-tagged photographs of the incident along with textual information directly to the system.
- Which institution has taken over the responsibility of Reserve Bank to compile and publish the Reference Rate?
A) FBIL
B) FIPB
C) FSDC
D) FIEO
View answer
Option A
Explanation: Presently, the Reserve Bank of India (RBI) compiles and publishes on a daily basis the Reference Rate for Spot USD/INR and exchange rate of other major currencies. From July 10, 2018 Financial Benchmarks India Private Limited (FBIL) will assume, i.e., take over from RBI, the responsibility of computation and dissemination of reference rate for USD/INR and exchange rate of other major currencies.
- The Behdienkhlam Festival is a tribal festival of which state?
A) Assam
B) Tripura
C) Meghalaya
D) Sikkim
View answer
Option C
Explanation: The 4 day long Behdienkhlam Festival celebrated by the Pnar (Jaintia) tribal community concluded at Jowai in the Jaintia Hills region of Meghalaya with thousands of spectators from across the state and outside. It is the most important and colourful festival of the Jaintias and is celebrated mid-July every year after the sowing is over.
- Name the Chinese Bank which has recently obtained RBI’s licence to open a branch in India.
A) Industrial and Commercial Bank of China (ICBC)
B) Agricultural Bank of China (ABC)
C) China Construction Bank (CCB)
D) Bank of China
View answer
Option D
Explanation: The Reserve Bank of India (RBI) has issued licence to Bank of China to launch operations in India. Bank of China is one of the very few state-owned commercial banks in China.
- The Reserve Bank of India has asked banks to ensure equitable credit to minorities in how many districts?
A) 111
B) 121
C) 101
D) 131
View answer
Option B
Explanation: The Reserve Bank (RBI) has directed banks to ensure that minorities in 121 identified districts receive a fair and equitable portion of credit within the overall target of the priority sector lending (PSL). The government has forwarded a list of 121 minority concentration districts having at least 25 per cent minority population to the RBI.
- India’s first government owned e-waste recycling plant will be set up in which city?
A) Hyderabad
B) New Delhi
C) Bengaluru
D) Mumbai
View answer
Option C
Explanation: The Centre has announced to set up first government run e-waste recycling unit in Bengaluru. The Chemicals and Fertilisers Ministry has taken up the project. The Central Institute of Plastics Engineering and Technology (CIPET), a research institute that comes under the ministry, will set up the unit in the next four months.
- The Common Service Centres (CSCs) has tied up with which bank to work as banking correspondents?
A) HDFC Bank
B) ICICI Bank
C) State Bank of India
D) Kotak Mahindra Bank
View answer
Option A
Explanation: Common Service Centres (CSCs) have partnered with leading private sector bank HDFC to work as banking correspondents. As part of the agreement, village level entrepreneurs (VLEs) managing the CSCs will operate as banking correspondents of HDFC Bank. The HDFC banking correspondent (CSC) under this arrangement would also function as a business facilitator (BF).
- The Competition Commission of India (CCI) has launched an online guidance system named____________ to determine the notifiability of Merger & Acquisitions (combinations)
A) For Your Information
B) Point of View
C) Be Right There
D) Do It Yourself
View answer
Option D
Explanation: The Competition Commission of India (CCI) has launched an online guidance system on merger & acquisitions rules in order to simplify compliance requirements regarding combinations. The guidance system has been named as ‘Do It Yourself (DIY): A notifiability check for mergers & acquisitions under the Competition Act, 2002″.The system will guide the stakeholders in determining whether a merger or acquisition (combinations) is notifiable to CCI in terms of the Competition Act.
- The 14th India Innovation Summit 2018 will be held in which city?
A) Mumbai
B) Bengaluru
C) New Delhi
D) Chennai
View answer
Option B
Explanation: CII is organizing its annual flagship event Fourteenth India Innovation Summit 2018 on 12, 13 July, in Bengaluru, Karnataka. The theme of the Fourteenth India Innovation Summit is “India.AI – Driving the future for the world”.
- Who has been appointed as the head of UNMOGIP?
A) Josef Korbel
B) Frank Graham
C) Jose Eladio Alcain
D) Howard B. Schaffer
View answer
Option C
Explanation: UN Secretary-General Antonio Guterres has appointed Uruguay Army general Jose Eladio Alcain as the chief military observer of the UN Military Observer Group in India and Pakistan (UNMOGIP).
- Which of the following projects has been launched by the government of Gujarat to eliminate malnutrition among adolescents girls?
A) VYAAPT
B) SAMPURNA
C) ADHIKAR
D) PURNA
View answer
Option D
Explanation: Gujarat Chief Minister Vijay Rupani has launched PURNA Project under the aegis of the State Women and Child Development Department to control malnutrition among girl child in the age group of 14 to 18. PURNA stands for Prevention of Under-Nutrition and Reduction of Nutritional Anaemia among Adolescents. The State Government has allocated Rs.270-cr for the project.
- The Sports Authority of India (SAI) has been renamed as________
A) Sports India Organisation
B) Sports India
C) Indian Sports Authority
D) Federation of Indian Sports
View answer
Option B
Explanation: The Sports Authority of India (SAI) is set to be renamed as Sports India. It was annoucned by Union Sports Minister Rajyavardhan Singh Rathore after the sports body’s governing body meeting.
- In the latest Cabinet approval on July 4, PM Modi has approved to rename which among the given Airports as Maharaja Bir Bikram Manikya Kishore Airport?
A) Agartala Airport
B) Shillong Airport
C) Imphal Airport
D) Guwahati Airport
View answer
Option A
Explanation: The Union Cabinet has approved to rename the Agartala Airport in Tripura as ‘Maharaja Bir Bikram Manikya Kishore Airport, Agartala.
- Name the e-marketing system developed by KVIC to monitor sale and purchase of Khadi and related products
A) KIIMS
B) KIMS
C) KIMIS
D) KIIS
View answer
Option C
Explanation: The Khadi and Village Industries Commission (KVIC) launched its, in-housedeveloped,single-umbrella e-marketing system named Khadi Institution Management and Information System (KIMIS) in New Delhi. The system can be accessed from anywhere in the country for the sale and purchase of Khadi and Village Industries products.
