Current Affairs Quiz -08 December 2019

Current Affairs Quiz 08 December 2019: Based on the Current Affairs and Important News of 08 December 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 08 December 2019. Attempt our daily current affairs quiz on our mobile app too.

1. RBI has recently allowed for ‘on tap’ Licensing of Small Finance Banks in the Private Sector. What is the minimum paid-up voting equity capital required for opening of Small Finance Bank?
   A) Rs 50 crore
   B) Rs 100 crore
   C) Rs 300 crore
   D) Rs 200 crore
   
   View answer

   Option D
   Explanation: minimum paid-up voting equity capital / net worth requirement shall be ₹ 200 crore. for Primary (Urban) Co-operative Banks (UCBs), desirous of voluntarily transiting into Small Finance Banks (SFBs) initial requirement of net worth shall be at ₹ 100 crore, which will have to be increased to ₹ 200 crore within five years from the date of commencement of business.
2. Where was the 54th National Conference of DGs and IGs of Police organised?
   A) New Delhi
   B) Pune
   C) Surat
   D) Bhubaneswar
   
   View answer

   Option B
   Explanation: 54th National Conference of DGs and IGs of Police held in Pune at Indian Institute of Science Education and Research (IISER) from December 7-8, 2019
3. Where was the 4th India Water Impact Summit 2019 held?
   A) Hyderabad
   B) Guwahati
   C) Pune
   D) New Delhi
   
   View answer

   Option D
   Explanation: The 4th India Water Impact Summit 2019 was held in New Delhi from December 5 to 7, 2019. Jal Shakti Minister Gajendra Singh Shekhawat inaugurated the summit. It was organised by Ministry of Jal Shakti and the Centre for Ganga River Basin Management and Studies (cGanga) and was led by IIT-Kanpur. Theme of the event was: ‘Valuing Water – Transforming Ganga’.
4. For the Primary (Urban) Co-operative Banks (UCBs), what should be the minimum paid up capital requirement to become Small Finance Bank?
   A) Rs 500 crore
   B) Rs 200 crore
   C) Rs 100 crore
   D) Rs 300 crore
   
   View answer

   Option C
   Explanation: Primary (Urban) Co-operative Banks (UCBs), desirous of voluntarily transiting into Small Finance Banks (SFBs) initial requirement of net worth shall be at ₹ 100 crore, which will have to be increased to ₹ 200 crore within five years from the date of commencement of business.
5. The foundation stone of the Paika Bidroh Memorial has been laid by President Ram Nath Kovind in which state?
   A) Assam
   B) Gujarat
   C) Maharashtra
   D) Odisha
   
   View answer

   Option D
   Explanation: President Ram Nath Kovind laid the foundation stone of Paika Bidroh Memorial at the foothills of Barunei Hill in Odisha’s Khurda district on December 8 to mark 200 years of the Paika Rebellion.
6. As per the government data, which state has topped for giving MNREGA jobs to differently-abled persons in the fiscal year 2018-19?
   A) Maharashtra
   B) Andhra Pradesh
   C) Kerala
   D) Gujarat
   
   View answer

   Option B
   Explanation: Andhra Pradesh top state in giving MNREGA jobs to differently-abled persons in FY19
7. Which among these countries has won the 2019 junior women’s team 3-Nations Hockey Tournament held in Australia?
   A) India
   B) New Zealand
   C) Australia
   D) Japan
   
   View answer

   Option A
   Explanation: The Indian junior women’s team has won the 3-Nations Tournament held in Australia from 3-8 December 2019.
8. Veteran Congress leader Bhagabat Prasad Mohanty who passed away recently was a former minister of which state?
   A) Gujarat
   B) Maharashtra
   C) Tamil Nadu
   D) Odisha
   
   View answer

   Option D
   Explanation: Veteran Congress leader and former Odisha Minister Bhagabat Prasad Mohanty passed away following cardiac arrest. He was 90.
9. As per the new guidelines of RBI, Payments bank can convert into Small Finance Banks after how many years of operation?
   A) 7 years
   B) 2 years
   C) 5 years
   D) 3 years
   
   View answer

   Option C
   Explanation: SFBs will be given scheduled bank status immediately upon commencement of operations. Payments Banks can apply for conversion into SFB after five years of operations.
10. Paika Bidroh Memorial is being set up to pay tribute to the __________ years of the Paika Rebellion in 1817
    A) 200
    B) 100
    C) 150
    D) 300
    
    View answer

    Option A
    Explanation: President Ram Nath Kovind laid the foundation stone of Paika Bidroh Memorial at the foothills of Barunei Hill in Odisha’s Khurda district on December 8 to mark 200 years of the Paika Rebellion.

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