Current Affairs Quiz 01 August 2019: Based on the Current Affairs and Important News of 01 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 01 August 2019. Most important current affairs questions for 01 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.
- World Wide Web Day is celebrated on which date?
A) August 1
B) July 31
C) July 30
D) First Thursday of August
View answer
Option A
Explanation: Every year World Wide Web Day is celebrated on August 01. Tim Berners-Lee developed the World Wide Web in the year 1989 at the CERN centre located in Geneva.
- Name the payments bank which is soon to be transformed into small finance bank?
A) Jio Payments Bank
B) India Post Payments Bank
C) Airtel Payments Bank
D) Paytm Payments Bank
View answer
Option B
Explanation: The Postal Department has announced that it will convert its India Post Payments Bank to a Small Finance Bank.
- What is the total amount of financial support extended by India to Gambia for skill development and cottage industry projects?
A) USD 400,000
B) USD 100,000
C) USD 500,000
D) USD 200,000
View answer
Option C
Explanation: President Ram Nath Kovind has announced an assistance of USD 500,000 to Gambia to support skill development and cottage industry projects in the West African country.
- Who has been appointed as the interim Director General of the Narcotics Control Bureau (NCB)?
A) Rakesh Asthana
B) Abhay
C) Alok Verma
D) Ranjit Sinha
View answer
Option A
Explanation: Rakesh Asthana has been given the additional charge of the post of Director General, Narcotics Control Bureau (NCB) for six months.
- According to CRISIL, what is the latest GDP growth prediction of Indian economy for FY20?
A) 7.2%
B) 6.7%
C) 7.0%
D) 6.9%
View answer
Option D
Explanation: Global Rating Agency CRISIL has reduced the GDP growth rate prediction for India for FY20 from 7.1% to 6.9%.
- Which country chaired the ASEAN Foreign Ministers’ Meeting 2019?
A) Indonesia
B) Thailand
C) Malaysia
D) Singapore
View answer
Option B
Explanation: The 52nd edition of the ASEAN Foreign Ministers’ Meeting (AMM)/ Post Ministerial Conferences (PMCs) and Related Meetings began in Bangkok, Thailand on July 30, 2019 and the event will conclude on August 3, 2019. The meeting will discuss progress of ASEAN based on Thailand’s Chairmanship theme of “Advancing Partnership for Sustainability”
- Name the joint venture company set up by the Ministry of Mines to ensure consistent supply of critical and strategic minerals to Indian domestic market.
A) SHAKTI
B) KHANIJ
C) MUMKIN
D) KABIL
View answer
Option D
Explanation: Ministry of Mines will setup Khanij Bidesh India Ltd. (KABIL) that will be a joint venture of three Central Public Sector Enterprises namely, National Aluminium Company Ltd.(NALCO), Hindustan Copper Ltd.(HCL) and Mineral Exploration Company Ltd. (MECL).
- The National Traders’ Welfare Board ha been constituted by which Ministry?
A) Ministry of Commerce and Industry
B) Ministry of Human Resource Development
C) Ministry of Labour and Employment
D) Ministry of Corporate Affairs
View answer
Option A
Explanation: The Ministry of Commerce and Industry has announced the constitution of a National Traders’ Welfare Board to identify policy measures for the traders and their employees. The board will be headed by a joint secretary from the Department for Promotion of Industry and Internal Trade (DPIIT) and will include representatives from other ministries.
- The 4th South Asian Speaker’s Summit will be held in which country?
A) Japan
B) Maldives
C) Sri Lanka
D) Singapore
View answer
Option B
Explanation: The 4th South Asian Speaker’s Summit will be held in Male, Maldives on September 01 and 02, 2019. The theme of the event is “Achieving Sustainable Development Goals”. A parliamentary delegation led by Lok Sabha Speaker Om Birla will represent India.
- The Uphill Trek report is published by which body?
A) FITCH Ratings
B) RBI
C) CRISIL
D) Moody’s
View answer
Option C
Explanation: This was published in the report of CRISIL titled ‘Uphill Trek.’ The report mentioned that India’s GDP had grown at an impressive 8.2% in fiscal 2017.
- Which of these Centrally owned companies is not a part of the joint venture Khanij Bidesh India Ltd. (KABIL) set up to ensure supply of critical minerals?
A) NALCO
B) HCL
C) MECL
D) ONGC
View answer
Option D
Explanation: The equity participation between NALCO, HCL and MECL is in the ratio of 40:30:30.
- Which country will host the 35th ASEAN Summit?
A) Thailand
B) Singapore
C) Maldives
D) Indonesia
View answer
Option A
Explanation: The 35th ASEAN Summit will be held in November 2019 in Thailand.
