Current Affairs Quiz – 16 May 2019

Current Affairs Quiz 16 May 2019: Based on the Current Affairs and Important News of 16 May 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 exams. 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.

1. Which of these is the valid website of the Lokpal?
   A) http://lokpal.gov.nic.in
   B) http://lokpal.gov.com
   C) http://lokpal.gov.in
   D) http://lokpal.gov.nic.com
   
   View answer

   Option C
   Explanation: The Website of the Lokpal was inaugurated on May 16, 2019 by the Chairperson, Justice Shri Pinaki Chandra Ghose. The Website can be accessed at http://lokpal.gov.in. 
2. The Conference of the Parties (COP) to Basel Convention, Rotterdam Convention and Stockholm Convention was held at which place?
   A) Paris
   B) Geneva
   C) Washington D.C
   D) London
   
   View answer

   Option B
   Explanation: The joint meetings of three conventions was held in Geneva, Switzerland from 29 April to 10 May 2019.
3. Which of these institutions has released the “Payment and Settlement Systems in India: Vision 2019 – 2021″?
   A) RBI
   B) NPCI
   C) SBI
   D) Ministry of Finance
   
   View answer

   Option A
   
4. Bob Hawke was the former Prime Minister of which country?
   A) France
   B) Germany
   C) New Zealand
   D) Australia
   
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   Option D
   Explanation: Former Prime Minister of Australia and Labor Party leader Bob Hawke, passed away. He was 89.
5. When is the International Day of Living Together in Peace held?
   A) May 12
   B) May 14
   C) May 16
   D) May 15
   
   View answer

   Option C
   Explanation: The International Day of Living Together in Peace is held on 16th May every year since 2018. 
6. All the NBFCs with an asset size above Rs ___________ has been directed by RBI to appoint Chief Risk Officer (CRO)
   A) Rs 2000 crore
   B) Rs 5000 crore
   C) Rs 7000 crore
   D) Rs 3000 crore
   
   View answer

   Option B
   Explanation: The Reserve Bank of India has directed the Non-Banking Financial Company (NBFCs) with asset size of more than Rs.50 billion (Rs 5000 Crore) to appoint a Chief Risk Officer (CRO). 
7. Young Indian Champion MB Balakrishnan who died recently was related to__________
   A) Swimming
   B) Football
   C) Badminton
   D) Shooting
   
   View answer

   Option A
   Explanation: Former South Asian Games gold-medalist and Swimming Champion MB Balakrishnan passed away in road accident in Chennai. He was 29-year-old.
8. Which country will host the 2023 Asian Cup soccer tournament?
   A) South Korea
   B) China
   C) New Zealand
   D) Belgium
   
   View answer

   Option B
   Explanation: The governing body for Asian soccer, Asian Football Confederation (AFC) has confirmed that China will host the 2023 Asian Cup soccer tournament.
9. What is the maximum amount of financial assistance that will be provided by SIDBI under the newly launched Scheme for Assistance to New Age Fin-Tech NBFCs on pilot basis?
   A) Rs 10 crore
   B) Rs 5 crore
   C) Rs 15 crore
   D) Rs 20 crore
   
   View answer

   Option A
   Explanation: Small Industries Development Bank of India (SIDBI) has launched a Scheme for Assistance to New Age Fin-Tech NBFCs registered as Investment and Credit Company (ICC) with the RBI. It as been launched on pilot basis. SIDBI will extend financial assistance of up to ₹10 crore to new-age fintech non-banking finance companies (NBFCs) engaged in financing small businesses and other income-generating activities 
10. Recently an all-female referee team took charge of men’s AFC Football Cup clash in Myanmar. The three women belonged to which country?
    A) Cambodia
    B) Myanmar
    C) Japan
    D) India
    
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    Option C
    Explanation: For the first time in the history of the Asian Football Confederation, an all-female referee team took charge of amen’s continental club cup clash. The team had three Japanese female referees namely Yoshimi Yamashita and assistansts Makoto Bozono and Naomi Teshirogi.
11. Which among the following Indian Judges has been appointed to the Supreme Court of Fiji as a judge of its non-resident panel?
    A) Uday Lalit
    B) Dipak Misra
    C) Kurian Joseph
    D) Madan B Lokur
    
    View answer

    Option D
    Explanation: Retired Indian Judge, Madan B Lokur has been appointed to the Supreme Court of Fiji as a judge of its non-resident panel. 
12. The 2019 ICC Cricket World Cup will be held in which country?
    A) Australia
    B) Britain
    C) India
    D) South Africa
    
    View answer

    Option B
    Explanation: The 2019 ICC Cricket World Cup is the 12th edition of the tournament that is scheduled to be hosted by England and Wales from 30 May to 14 July 2019.
13. What should be the minimum net owned fund of Fin-Tech NBFCs to be eligible for SIDBI’s Scheme for Assistance to New Age Fin-Tech NBFCs registered as Investment and Credit Company (ICC) with the RBI?
    A) Rs 20 crore
    B) Rs 30 crore
    C) Rs 10 crore
    D) Rs 40 crore
    
    View answer

    Option A
    Explanation: Minimum Net Owned Fund: Rs 20 Crore; Minimum Asset Size: Rs 50 Crore; Maximum Exposure/Maximum Assistance: Rs 10 Crore 
14. The Asian Football Confederation (AFC) is based in ___________
    A) Tokyo, Japan
    B) Sydney, Australia
    C) Beijing, China
    D) Kuala Lumpur, Malaysia
    
    View answer

    Option D
    
15. The Thuwunna Stadium is located in which country?
    A) South Korea
    B) China
    C) Cambodia
    D) Myanmar
    
    View answer

    Option D
    

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Tags: May 2019; Questions based on daily Current Affairs; Current Affairs Multiple Choice Quiz; Current Affairs Questions and Answers