Current Affairs Quiz – 19 August 2019

Current Affairs Quiz 19 August 2019: Based on the Current Affairs and Important News of 19 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 19 August 2019. Most important current affairs questions for 19 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.

  1. The Ministry of Corporate Affairs has amended the Companies (Share Capital & Debentures) Rules by reducing the DRR for unlisted companies and removing DRR for Listed Companies, NCFCs and HFCs. What is the full form of DRR?
    A) Debenture Redemption Reserve

    B) Derivative Redemption Reserve
    C) Deposit Redemption Reserve
    D) Dividend Redemption Reserve
    View answer
    Option A
    Explanation:
    Debenture Redemption Reserve
  2. The Government of India has planned to set up country’s first Central Institute of Chemical Engineering & Technology (CICET) in which state?
    A) Karnataka

    B) Maharashtra
    C) Jharkhand
    D) Gujarat
    View answer
    Option D
    Explanation: 
    The Union Minister of State for Chemical & Fertilizers Mansukh Mandaviya has said that the first Central Institute of Chemical Engineering & Technology (CICET) will be set up in Gujarat. It will be the first ever such institute in India and will be set up either in Vatva or Surat.
  3. Marnus Labuschagne has become the first cricketer in the world to be a ‘concussion substitute’ in test cricket. He plays for which country?
    A) Australia

    B) England
    C) South Africa
    D) New Zealand
    View answer
    Option A
    Explanation: 
    Australia’s batsman Marnus Labuschagne has become the first cricketer in the world to be a ‘concussion substitute’ in test cricket. He replaced Steve Smith as he got hit on his neck from England seamer Jofra Archer. 
  4. Which of these days is celebrated as the World Humanitarian Day?
    A) August 18

    B) August 19
    C) August 17
    D) August 16
    View answer
    Option B
    Explanation: 
    The United Nations recognised World Humanitarian Day (WHD) is observed every year on 19 August to pay tribute to humanitarian personnel and workers who lost or risked their lives in humanitarian service, and offer support to people affected by crises around the world.The theme of 2019 WHD campaign: #WomenHumanitarians. 
  5. The 2019 International Conference on Teacher Education was held in which city?
    A) Mumbai

    B) Chennai
    C) Hyderabad
    D) New Delhi
    View answer
    Option D
    Explanation:
    The Union Minister of Human Resource Development Shri Ramesh Pokhriyal ‘Nishank’ inaugurated the International Conference titled “Journey of Teacher Education: Local to Global” in New Delhi. The two-day event was organised on August 17-18, 2019 by the National Council of Teacher Education (NCTE).
  6. Which country is the largest emitter of anthropogenic sulphur dioxide (SO2) as per the survey of NGO Greenpeace?
    A) China

    B) Russia
    C) India
    D) United States
    View answer
    Option C
    Explanation:
     India is the world’s largest emitter of anthropogenic sulphur dioxide (SO2) as per a study conducted by environmental NGO Greenpeace based on the data of National Aeronautics and Space Administration (NASA). India has more than 15% of all anthropogenic sulphur dioxide (SO2) hotspots in the world detected by the OMI (Ozone Monitoring Instrument) satellite. 
  7. Which state has announced to establish ‘Lemru Elephant Reserve’?
    A) Chhattisgarh

    B) Assam
    C) Odisha
    D) Haryana
    View answer
    Option A
    Explanation: 
    Chhattisgarh Chief Minister Bhupesh Baghel has announced to set up ‘Lemru Elephant Reserve’ to provide permanent habitat for the wild elephants in the state.
  8. Government has recently amended the Companies (Share Capital & Debentures) Rules to reduce the Debenture Redemption Reserve for unlisted companies. What is the new limit?
    A) 20%

    B) 25%
    C) 10%
    D) 15%
    View answer
    Option C
    Explanation: 
    For unlisted companies- Debenture Redemption Reserve (DRR) has been reduced for unlisted companies from 25% to 10%, so as to safeguard interests of investors.
  9. Name the winner of men’s single title at the Cincinnati Masters Tennis Tournament 2019?
    A) Dominic Thiem

    B) Stefanos Tsitsipas
    C) NovakDjokovic
    D) Daniil Medvedev
    View answer
    Option D
    Explanation: 
    Men’s singles: Daniil Medvedev (Russia); Women’s singles: Madison Keys (United States); Men’s doubles: Ivan Dodig (Croatia) and Filip Polášek (Slovakia); Women’s doubles: Lucie Hradecká (Czech Republic) and Andreja Klepač (Slovenia)
  10. Which country has partnered with National Payments Corporation of India (NPCI) to launch a new credit card under the name RuPay JCB Global Cards?
    A) Russia

    B) Japan
    C) Bhutan
    D) Sri Lanka
    View answer
    Option B
    Explanation: 
    Japan Credit Bureau (JCB) International in partnership with National Payments Corporation of India (NPCI), along with domestic banks have announced the launch of a new credit card — RuPay JCB Global Cards. 
  11. Name the institution which has developed a unique multi-modal robot named GraspMan for application in Industrial areas or search and rescue operations?
    A) IIT Kanpur
    B) IIT Delhi
    C) IIT Madras
    D) IIT Bombay
    View answer
    Option C
    Explanation: 
    Researchers at IIT Madras have developed a multi-modal robot named as ‘GraspMan’ having Industrial and field applications. 
  12. The World Photography Day is held annually on ______________
    A) Third Monday of August

    B) August 18
    C) August 20
    D) August 19
    View answer
    Option D
    Explanation: 
    The World Photography Day is celebrated on 19 August every year to promote photography as a hobby and also inspire photographers around the globe to share a single photo with the rest of the world. 
  13. Former PM and leader of Congress party, Manmohan Singh has been elected as the member of Rajya Sabha from which state?
    A) Maharashtra

    B) Gujarat
    C) Rajasthan
    D) Karnataka
    View answer
    Option C
    Explanation: 
    Congress leader and former Prime Minister Manmohan Singh has been elected unopposed to Rajya Sabha from Rajasthan. The election for a seat in Rajya Sabha from Rajasthan comes after demise of BJP’s unit president Madan Lal Saini in June. This time BJP did not field any candidate against Manmohan Singh.
  14. Jagannath Mishra who died recently was the former Chief Minister of which state?
    A) Bihar

    B) Himachal Pradesh
    C) Assam
    D) Rajasthan
    View answer
    Option A
    Explanation: 
    Former Bihar Chief Minister Jagannath Mishra passed away due to health issues. He was 82.
  15. Who among the following has won the god medal for India in the tennis event at World Police and Fire Games (WPFG) 2019?
    A) Rohan Mohanty

    B) Ashish Kapoor
    C) Mishkat Varma
    D) Abhishek Rawat
    View answer
    Option B
    Explanation: 
    Ashish Kapoor , an Assistant Inspector General (AIG) in Vigilance Bureau of Punjab, has claimed gold medals in both singles and doubles titles in Tennis events during the World Police and Fire Games (WPFG) 2019, held at Chengdu in China.
  16. How many banks in India are tasked to issue the new RuPay JCB Global Cards?
    A) All scheduled commercial banks

    B) 10
    C) 6
    D) 8
    View answer
    Option D
    Explanation: 
    Eight banks in India will issue RuPay JCB Global Cards- including State Bank of India, Punjab National Bank, Axis Bank, Union Bank of India, Central Bank of India, Andhra Bank, City Union Bank, and TJSB Bank. This credit card is RuPay in India and JCB in foreign countries.
  17. The government has done away with the requirement for the creation of a Debenture Redemption Reserve (DRR) by unlisted companies. Earlier these companies needed to create DRR of _______ percent of the value of outstanding debentures
    A) 20%
    B) 10%
    C) 25%
    D) 30%
    View answer
    Option C
    Explanation: 
    For listed companies- the requirement for the creation of a Debenture Redemption Reserve (DRR) of 25% of the value of outstanding debentures has been removed. This includes NBFCs registered with RBI and for Housing Finance Companies registered with National Housing Bank (NHB) both for public issue as well as private placements.

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