Current Affairs Quiz 15 March 2019: Based on the Current Affairs and Important News of 15 March 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 everyday to be prepared for any 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.
Current Affairs Quiz 15 March 2019
- Under the new USD/INR Buy/Sell swap auction toolkit, how much amount of USD will RBI buy from banks for liquidity management?
A) USD 10 billion
B) USD 8 billion
C) USD 5 billion
D) USD 1 billion
View answer
Option C
Explanation: The Reserve Bank of India has announced that to inject Rupee liquidity for longer duration into Indian economy it will launch a new liquidity management toolkit on March 26, 2019. Under this scheme, the bank (commercial banks) will sell US Dollars to the Reserve Bank of India, and Reserve Bank of India will in return credit the bank with equivalent Rupee funds. In this way, liquidity of Rupee will increase in the system. The tenor of the Buy/Sell swap auction is 3 years. RBI will buy USD 5 billion under this auction.
- The India-Africa Joint Field Training Exercise (AFINDEX-19) will be held in which city?
A) Agra
B) Pune
C) Visakhapatnam
D) Jaipur
View answer
Option B
Explanation: The India-Africa Joint Field Training Exercise (AFINDEX-19) will be held between the Indian Army and 16 African nations in Pune from March 18 to 27. The 10-day long joint exercise will be held in two locations in Pune. They are Foreign Training Node at Aundh Military Station and College of Military Engineering in Kirkee.
- Which city has topped the Mercer’s 2019 Quality of Living Rankings?
A) Vienna
B) London
C) New York
D) Singapore
View answer
Option A
Explanation: The 2019 Quality of Living Rankings was released by the global consulting firm Mercer on March 13, 2019. The Survey ranks 231 cities based on 39 factors and is based on the analysis done between September and November 2018. The Austrian capital Vienna topped the ranking for the 10th year in a row for having the highest quality of living. It was followed by Zurich at second while Auckland, Munich and Vancouver shared joint third.
- As per the revised Trade Credit Policy of RBI, the import transaction under automatic route for oil/gas refining & marketing, airline and shipping companies has been fixed at____________
A) USD 200 million
B) USD 50 million
C) USD 100 million
D) USD 150 million
View answer
Option D
Explanation: For import transaction for oil/gas refining & marketing, airline and shipping companies: Upto USD 150 million or equivalent per import transaction. For others: up to USD 50 million or equivalent per import transaction.
- Name the winner of the Commonwealth Youth Award 2019 for Asian Region?
A) Bobby Siarani
B) Shanza Khan Shahani
C) Padmanaban Gopalan
D) Satya Kedar Illa
View answer
Option C
Explanation: Tamil Nadu based social entrepreneur, Padmanaban Gopalan, was awarded the Commonwealth Youth Award worth 3,000 pound for the Asian region on March 13, 2019 in London for his technology-based food rescue organisation.
- The Festival of Innovation and Entrepreneurship (FINE 2019) has been organised in which city?
A) New Delhi
B) Gandhinagar
C) Hyderabad
D) Kolkata
View answer
Option B
Explanation: The President of India Shri Ram Nath Kovind inaugurated FINE 2019, the Festival of Innovation and Entrepreneurship, in Gandhinagar, Gujarat on March 15, 2019. On the occasion, President Kovind also presented the 10th Biennial National Grassroots Innovation Awards.
- When is the World Consumer Rights Day observed?
A) March 15
B) March 14
C) March 13
D) Second Friday of March
View answer
Option A
Explanation: World Consumer Rights Day is celebrated on March 15 every year to raise global awareness about consumer rights and needs. The theme for World Consumer Rights Day 2019 is“Trusted Smart Products”.
- As per the Mercer’s Quality of Living Rankings 2019, which city is the safest city to live in among the Southern Asia region?
A) Kabul
B) Dhaka
C) Karachi
D) Chennai
View answer
Option D
Explanation: The Indian city in the ranking are Chennai (105), Bengaluru (149), Mumbai (154) and New Delhi (162). Chennai ranks as the region’s safest city, while Karachi (226) is the least safe in the Southern Asia
- The Domestic Systemically Important Banks are classified into how many buckets?
A) 2
B) 5
C) 3
D) 4
View answer
Option B
Explanation: The D-SIBs banks are classified into 5 buckets. Bucket 1, Bucket 2, Bucket 3, Bucket 4 and Bucket 5. With Bucket 5 being the most important followed by rest in decreasing order.
- What will be the minimum bid that the banks can make under the USD/INR Buy/Sell swap auction?
A) USD 15 million
B) USD 10 million
C) USD 25 million
D) USD 20 million
View answer
Option C
Explanation: Minimum bid by the Banks: USD 25 million and in multiples of USD 1 million thereafter.
Tags: March 2019; Questions based on daily Current Affairs; Current Affairs Multiple Choice Quiz; Current Affairs Questions and Answers
