Current Affairs Quiz 10 July 2018
Current Affairs forms an important part of all Bank exams. Practice 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 10 July 2018
- What is the rank of India in the 2018 Global Innovation Index (GII)?
A) 49
B) 57
C) 32
D) 65
View answer
Option B
Explanation: India has been ranked 57th in the Global Innovation Index (GII) rankings 2018. Switzerland has topped the ranking while Yemen is at the last rank among 126 countries.
- The Government has recently declared how many Indian institutions as ‘Institutions of Eminence’ (IoEs) to give them complete autonomy?
A) 10
B) 3
C) 8
D) 6
View answer
Option D
Explanation: The University Grants Commission (UGC) has shortlisted 6 ‘Institutions of Eminence’ (IoEs) that includes 3 Public Sector and 3 Private Sector institutions to provide them autonomy. The selection of the 6 institutions as Institutions of Eminence is based on the recommendation of an Empowered Expert Committee (EEC). The move is part of a scheme of the Ministry of Human Resource Development (HRD) to select 20 IoEs, 10 public and 10 private, in an initiative aimed at creating world-class colleges in India.
- Which Ministry has launched the India Smart Cities Fellowship (ISCF) and Internship (ISCI) Program?
A) Ministry of Human Resource Development
B) Ministry of Skill Development
C) Ministry of Housing and Urban Affairs
D) Ministry of Electronics and Information Technology
View answer
Option C
Explanation: The Ministry of Housing and Urban Affairs has launched several new initiatives under AMRUT and the Smart Cities Mission on July 9 which includes: India Smart Cities Fellowship (ISCF) Program, India Smart Cities Internship (ISCI) Program, The Smart Cities Digital Payments Awards 2018, The ‘CITIIS’ challenge under the Smart Cities Mission and The Local Area Plan (LAP)/Town Planning Scheme (TPS).
- What is the enhanced limit for Ways and Means Advances (WMA) for GOI for quarter ending Sept 2018 as per the recent notification of RBI?
A) Rs 70,000 crore
B) Rs 60,000 crore
C) Rs 40,000 crore
D) Rs 50,000 crore
View answer
Option A
Explanation: The Reserve Bank of India (RBI) has notified that the limits for Ways and Means Advances (WMA) for the second quarter of the financial year 2018-19 (July 2018 to September 2018) will be Rs 70,000 crore. The Reserve Bank may trigger fresh floatation of market loans when the Government of India utilises 75 per cent of the WMA limit.
- How many MoUs have been signed between India and South Korea during the visit of President Moon Jae-in to India?
A) 9
B) 5
C) 7
D) 11
View answer
Option D
Explanation: India and South Korea have signed eleven MoUs including in the areas of trade, cultural and scientific and technological cooperation, during the visit of South Korean President Moon Jae-in to India. These agreements were signed in New Delhi on July 9 at the conclusion of the 4th India-Korea Science & Technology Ministers Steering Committee Meeting.
- Which country will host the BIMSTEC Summit 2018?
A) India
B) Nepal
C) Bangladesh
D) Sri Lanka
View answer
Option B
Explanation: The two-day Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit will be held in Kathmandu, Nepal from August 31. This will be the fourth summit of the BIMSTEC. The first ever summit of the regional organization was held in Bangkok of Thailand in the year of 2004.
- Name the Indian state which has topped the Ease of Doing Business Rankings for 2016-17 released by DIPP.
A) Maharashtra
B) Gujarat
C) Andhra Pradesh
D) Haryana
View answer
Option C
Explanation: Andhra Pradesh has topped ease of doing business rankings for the financial year 2016-2017. Telangana was on second and Haryana on third. This ranking is released by Department for Industrial Policy and Promotion which is a part of Ministry of Commerce and Industry. This year it was the third edition of the ranking.
- What is the estimated cost of the lining project of the Son Canal in Shahabad-Bhojpur region of Bihar?
A) USD 521 million
B) USD 510 million
C) USD 500 million
D) USD 503 million
View answer
Option D
Explanation: Asian Development Bank (ADB) has approved USD 503 million (Rs 3272.49 crore) lining project of the Son canal in Shahabad-Bhojpur region of Bihar. Of the total estimated cost of project, USD 352 million will be provided by ADB.
- Who has been appointed as the new Foreign Secretary of United Kingdom?
A) Jeremy Hunt
B) Boris Johnson
C) Matt Hancock
D) David Cameron
View answer
Option A
Explanation: British Prime Minister Theresa May has appointed UK Health Secretary Jeremy Hunt as the new Foreign Secretary to replace Boris Johnson. Hunt’s post of health secretary has been taken over by culture, media and sport secretary Matt Hancock.
- Name the winner of the 30th Seatrade Lifetime Achievement Award.
A) Rashid Abdulla
B) Ravi Mehrotra
C) Nikolas P. Tsakos
D) Jenny Evans
View answer
Option B
Explanation: Dr Ravi Mehrotra, Chairman of Foresight Group International Ltd., was presented with a Lifetime Achievement Award at the Seatrade 30th Anniversary Award Ceremony held at the Landmark, London on June 29th.
- Name the campaign launched by Disney group for the next generation aspiring women filmmaker.
A) I Dare to Dream
B) Fly High Ladies
C) Dream Big Princess
D) Never Give Up
View answer
Option C
Explanation: Disney have launched a campaign titled ‘Dream Big Princess’ to inspire and support aspiring women filmmakers by giving them a powerful platform to showcase their work. Under the initiative, 21 girls and women across 13 countries has been selected to develop short films about the women that inspire them.
- One Farmer One Transformer Scheme has been announced by which state for the farmers?
A) Punjab
B) Haryana
C) Maharashtra
D) Telangana
View answer
Option C
Explanation: The Maharashtra government has come up with a new scheme named “one farmer one transformer” that aims to allocate one transformer per farmer in the state in order to reduce electricity losses. The scheme will be unveiled on August 15 and will benefit two lakh farmers who will be given electricity connection for high voltage distribution line to ensure uninterrupted power supply
- How much amount would be provided by the French Development Agency (AFD), in the form of grant for the CITIIS project under the Smart Cities Mission?
A) Euro 120 million
B) Euro 150 million
C) Euro 180 million
D) Euro 100 million
View answer
Option D
Explanation: A Loan of EUR 100 million would be extended by AFD (French development bank) to selected CITIIS projects in the form of grant.
- Who has been named to be honored with 2018 AAAI Lifetime Achievement Award?
A) Ram Sehgal
B) Subhas Ghosal
C) Roda Mehta
D) S R Ayer
View answer
Option A
Explanation: The Advertising Agencies Association of India (AAAI) has named legendary ad man Ram Sehgal for 2018 AAAI Lifetime Achievement Award. This is the highest honour to be given to an individual in India for his/her outstanding contribution to the advertising industry.
- Who has been appointed as the new President of the Association of Indian Universities (AIU)?
A) Nishant Gopal
B) Sandeep Sancheti
C) P.B.Sharma
D) Sudhir Kumar
View answer
Option B
Explanation: Dr. Sandeep Sancheti, Vice Chancellor of SRM Institute of Science and Technology (SRMIST) has assumed charge as the 97th President of the Association of Indian Universities (AIU), New Delhi.
- Which country has topped the Global Innovation Index (GII) 2018?
A) Norway
B) Switzerland
C) Iceland
D) Singapore
View answer
Option B
Explanation: Switzerland has topped the ranking while Yemen is at the last rank among 126 countries.
