Current Affairs Quiz 16 August 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 16 August 2018
- The Good Governance Day is observed in India annually on 25 December to commemorate the birth anniversary of which former Prime Minister?
A) Manmohan Singh
B) Inder Kumar Gujral
C) Atal Bihari Vajpayee
D) Rajiv Gandhi
View answer
Option C
Explanation: Former Prime Minister Atal Bihari Vajpayee passed away on August 16, 2018 at All India Institute of Medical Science (AIIMS) following a prolonged illness. He was 93. His birthday, which falls on December 25, is celebrated as ‘Good Governance Day’ by the BJP. He was in 2014 decorated with Bharat Ratna.
- Name the payments bank which has tied up with Bharti AXA Life Insurance for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
A) India Post Payments Bank
B) Fino Payments Bank
C) Paytm Payments Bank
D) Airtel Payments Bank
View answer
Option D
Explanation: The Airtel Payments Bank and Bharti AXA Life Insurance has announced a pact to offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) with the aim to reach deep rural pockets and serve the underinsured by leveraging the payments bank’s network.
- Which of the following is not one of the features of the newly launched UPI 2.0 by NPCI?
A) Rewards and Perks
B) Invoice in the inbox
C) Signed intent & QR
D) Overdraft facility
View answer
Option A
Explanation: The Unified Payments Interface 2.0 (UPI 2.0) developed by National Payments Corporation of India (NPCI), was launched by Dr. Urjit R. Patel, Governor, Reserve Bank of India (RBI). The key features of UPI 2.0 are: Overdraft facility, One Time Mandate, Invoice in the inbox and Signed intent & QR
- What is the revised GDP estimate of Indian economy for the fiscal 2018-19 by the India Ratings?
A) 7.4%
B) 7.2%
C) 7.6%
D) 7.5%
View answer
Option B
Explanation: India Ratings, in a report titled ‘Mid-year FY19 Outlook’, has revised down its economic growth forecast for financial year 2018-19 by two notches to 7.2 percent citing rising inflationary risks. The rating agency earlier forecasted India’s economic growth at 7.4 per in current fiscal.
- The 53rd Grandmaster of India Nihal Sarin hails from which state?
A) Maharashtra
B) Andhra Pradesh
C) Assam
D) Kerala
View answer
Option D
Explanation: Fourteen-year-old Nihal Sarin became India’s 53rd grandmaster after bagging his third GM norm at the Abu Dhabi Masters. He is only the third grandmaster from Kerala after GN Gopal and SL Narayanan and the twelfth youngest grandmaster in chess history.
- The RUCO initiative has been launched by which entity?
A) World Food Programme
B) FAO
C) FSSAI
D) WHO
View answer
Option C
Explanation: Food Safety and Standards Authority of India (FSSAI) has launched RUCO – Repurpose Used Cooking Oil initiative. An ecosystem that will enable the collection and conversion of used cooking oil to biodiesel. This ecosystem will serve as a word of caution to businesses and consumers to step back and stop usage of the cooking oil after repeated frying.
- As per the NAFIS 2016-17 report of NABARD, what percent of rural household were reported to have bank accounts during the period?
A) 88.1%
B) 74.2%
C) 69.8%
D) 93.5%
View answer
Option A
Explanation: NABARD released the Nabard All India Rural Financial Inclusion Survey (NAFIS) 2016-17. 88.1 percent rural households and 55 percent agricultural households reported having a bank account, average savings per annum per household was Rs 17,488.
- Ajit Wadekar passed away recently. He was a well known player of which game?
A) Hockey
B) Tennis
C) Cricket
D) Golf
View answer
Option C
Explanation: Former India cricket captain Ajit Wadekar passed away after prolonged illness. He was 77. The Mumbai based aggressive batsmen led the team to path-breaking Test wins in England and the West Indies in 1971.
- Digital Screen- the digital museums with QR code- has been launched at how many stations on Independence Day?
A) 35
B) 10
C) 17
D) 22
View answer
Option D
Explanation: In line with Prime Minister Modi’s vision for creating digital museums at stations using QR code, Ministry of Railway operationalized “Digital Screens” at 22 stations on Independence Day to spread awareness among public about the opulent heritage of Indian Railways.
- Mario Abdo Benítez is the President of which country?
A) Peru
B) Paraguay
C) Brazil
D) Argentina
View answer
Option B
Explanation: Mario Abdo Benítez has been sworn in as the new president of Paraguay after defeating his liberal rival in April elections. Mr Abdo Benítez of the conservative Colorado Party replaces Horacio Cartes.
- The 24th World Congress of Philosophy (WCP) is being held in which city?
A) Moscow
B) Paris
C) Beijing
D) Rome
View answer
Option C
Explanation: The 24th World Congress of Philosophy (WCP) began in Beijing, China. Theme: “Learning To Be Human”
- Name the 1st Indian leader to address UNGA in Hindi.
A) Lal Bahadur Shastri
B) Sardar Vallabhbhai Patel
C) Narendra Modi
D) Atal Bihari Vajpayee
- Name the first ever country to hoist the Indian National Flag on the occasion of 72nd Independence Day?
A) Fiji
B) New Zealand
C) Vietnam
D) Nepal
- India has planned to launch an ‘Understanding India’ programme in which country to create a better understanding among the people of both nations?
A) France
B) Japan
C) China
D) United States of America
- Who is the Chairman of the FSSAI?
A) Pawan Kumar Agarwal
B) Ashish Bahuguna
C) Ajay Tyagi
D) Harsh Kumar Bhanwala
