Current Affairs Quiz 07 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. 07 July 2018
- How many categories of Alternative Investment Funds (AIFs) exists as per SEBI?
A) 1
B) 2
C) 3
D) 4
View answer
Option C
Explanation: SEBI has announced that Alternative investment funds (AIFs) cannot convert their existing open-ended schemes to closed-ended and vice-versa. The regulator has divided AIFs into three categories namely Category I AIF, Category II AIF and Category III AIF.
- Recently, Indian Railways unveiled its first air conditioned commuter train MEMU in which city?
A) Gurgaon
B) Ahmedabad
C) New Delhi
D) Nagpur
View answer
Option D
Explanation: The Railways has dispatched its first state-of-the-art air-conditioned commuter train to Nagpur, Maharashtra. The stainless steel-bodied mainline electrical multiple unit (MEMU) has been developed by Integral Coach Factory, Chennai. It features 3-phase on-board electrics and modular toilets in every coach.
- What is the total budget sanctioned by the UN Member State for the year 2018-19 to Peacekeeping Operation?
A) $ 6.69 billion
B) $ 5.59 billion
C) $ 4.49 billion
D) $ 7.70 billion
View answer
Option A
Explanation: The UN has cut its peacekeeping budget by $610 million for 2018-19 starting July 1 to $ 6.69 billion. Last year the budget was $7.3 billion. However the payment to each peacekeeper will increase by $96 per month.
- Who among the following has been ranked as the World’s richest person according to the 2018 Bloomberg Billionaires Index?
A) Mark Zuckerberg
B) Bill Gates
C) Jeff Bezos
D) Warren Buffett
View answer
Option C
Explanation: Facebook Inc. co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person according to the Bloomberg Billionaires Index. Jeff Bezos of Amazon is on top followed by Bill Gates.The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.
- Which agency will conduct JEE and NEET exams in place of CBSE from 2019?
A) National Testing Agency
B) Common Entrance Test
C) IBPS
D) None of These
View answer
Option A
Explanation: HRD Minister Prakash Javadekar has announced that JEE (Mains) and NEET examinations will be conducted twice a year. JEE (Mains)- January and April; NEET- February and May. National Testing Agency will conduct NEET, JEE, UGC NET and CMAT exams from now. Earlier, the Central Board of Secondary Examination (CBSE) was the nodal agency responsible for conducting JEE Main and NEET examinations.
- Which city will host the International Round Table Conference 2018 being organised for the first time in India?
A) Jaipur
B) Bengaluru
C) New Delhi
D) Pune
View answer
Option C
Explanation: The Ministry of Statistics & Programme Implementation (MoSPI) will organise a two-day International Round Table Conference at New Delhi during 9-10th July, 2018. Such a Conference is being organized in India for the first time.
- Who has been appointed as the new Head of the Department of Operational Services (DOS) of the UN?
A) Atul Khare
B) Syed Akbaruddin
C) Vikas Swarup
D) Mani Shankar Aiyar
View answer
Option A
Explanation: Atul Khare will take over the newly-created Department of Operational Services (DOS) of the UN with a greater role in providing logistical support to all of the UN, especially in international hotspots.
- The first meeting of the task force set up to recommend a framework for comprehensive national policy on e-commerce was held in which city?
A) Gandhinagar
B) Kolkata
C) Mumbai
D) New Delhi
View answer
Option D
Explanation: The first meeting of the task force on e-commerce was chaired by Commerce Secretary Rita Teaotia in New Delhi on July 6. The meeting was held to take inputs for the proposed policy framework for the sector from suggestions provided by other Ministries and Departments, for which the meetings was held in June 2018 on wide-ranging issues such as cross-border data flows, taxation, trade facilitation, logistics, FDI and competition issues. The task force has been set up to recommend a framework for comprehensive national policy on e-commerce.
- J N Sadhu died few days back of old-age. He was a veteran ___________
A) Author
B) Journalist
C) Painter
D) Politician
View answer
Option B
Explanation: Veteran journalist J N Sadhu passed away at 94. He worked with The Indian Express for nearly 35 years. After his retirement, he was working as a free lance journalist.
- Name the division of the Indian Railways which has become the first division to eliminate all unmanned Level Crossing Gate?
A) Khurda Road Division
B) Waltair Division
C) Sambalpur Division
D) Dhanbad Division
View answer
Option C
Explanation: With the aim of eliminating all unmanned Level Crossing Gates over Sambalpur Division, East Coast Railway launches highest ever 6 (six) Limited Height Subways (LHS) in Sambalpur Division and completed it in a single block of four and half hours on 5th July, 2018.
- What is the theme of the 2018 International Day of Co-operatives?
A) Sustainable Societies Through Cooperation
B) Co-operatives Ensure No One is Left Behind
C) Choose Co-operatives, Choose Equality
D) Youth, the Future of Co-operative Enterprise
View answer
Option A
Explanation: The International Day of Co-operatives is an annual celebration observed on the first Saturday in July. The theme for International Day of Co-operatives 2018 is “Sustainable Societies Through Cooperation”.
