Current Affairs Quiz – 02 January 2019

Current Affairs Quiz 02 January 2019

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 02 January 2019

  1. What is the new target set by the government to achieve complete household electrification under Saubhagya scheme?
    A) April 15

    B) March 31
    C) January 26
    D) January 31
    View answer
    Option C
    Explanation: 
    The Centre has set a new target for the achievement of complete household electrification across the country, as has missed its December 31 deadline. The new deadline is January 26, 2019. 
  2. RBI has decided to permit one-time restructuring of existing loans to MSMEs amounting to a maximum of _____________
    A) Rs 15 crore

    B) Rs 10 crore
    C) Rs 50 crore
    D) Rs 25 crore
    View answer
    Option D
    Explanation: 
    The Reserve Bank of India (RBI) has released a set of guidelines on restructuring of loans to the MSME (Micro, Small and Medium Enterprises) sector on January 1, 2019. The total fund and non-fund based exposure of banks and NBFCs to the borrower should not exceed Rs 25 crore as on January 1, 2019.
  3. Which among the following countries has recently officially quit the UNESCO?
    A) US & Syria

    B) US & Israel
    C) Israel & Russia
    D) Iraq & Russia
    View answer
    Option B
    Explanation: 
    The United States and Israel has officially quit the United Nations Educational, Scientific and Cultural Organization (UNESCO) accusing the agency for anti-Israel bias.
  4. Who has been appointed as the new President of Brazil?
    A) Jair Bolsonaro

    B) Fernando Haddad
    C) Michel Temer
    D) Ciro Gomes
    View answer
    Option A
    Explanation: 
    Jair Messias Bolsonaro has been sworn in as the President of Brazil on 1 January 2019. He succeeds Michel Temer.
  5. Name the first ever Indian- American who has been appointed as the Fort Bend County Judge in Texas recently?
    A) Night Shyamalan

    B) Aasif Mandvi
    C) Dinesh D’Souza
    D) KP George
    View answer
    Option D
    Explanation: 
    Indian-American KP George has been sworn in as the Fort Bend County Judge, becoming the first person from the community to hold the office of one of America’s most diverse counties. KP George (53), a Democratic Fort Bend County Commissioners Court Judge in Texas, was elected to the office on November 6, 2018. He took charge from January 1, 2019.
  6. Under the new set of guidelines on restructuring of loans to the MSME by RBI, the restructuring has to be implemented by ________________
    A) April 30 2019

    B) March 31, 2020
    C) March 31, 2019
    D) April 30, 2020
    View answer
    Option B
    Explanation: 
    The restructuring has to be implemented by March 31, 2020. Banks need to make a provision of 5% in addition to the provisions already held in respect of accounts restructured under these instructions. 
  7. Who has taken over as the new Chairman of the Railway Board in the Ministry of Railways?
    A) Ashwani Lohani

    B) Sunil Arora
    C) Vinod Kumar Yadav
    D) Rohit Nandan
    View answer
    Option C
    Explanation: 
    Vinod Kumar Yadav has been appointed as the new Chairman of the Railway Board (Ministry of Railways). He succeeds Ashwani Lohani who completed his tenure on 31 December 2018. 
  8. Well known sports personality Ramakant Achrekar who died recently was related to which sports?
    A) Tennis

    B) Golf
    C) Badminton
    D) Cricket
    View answer
    Option D
    Explanation: 
    Ramakant Achrekar, the celebrated cricket coach credited for discovering Sachin Tendulkar passed away at 87. 
  9. Who has been sworn in as the acting Chairman of the Life Insurance Corporation of India?
    A) Hemant Bhargava

    B) Girish Chandra Murmu 
    C) Sunita Sharma
    D) Bimalendu Chakrabarti
    View answer
    Option A
    Explanation: 
    The government has appointed Hemant Bhargava as the Acting Chairman of Life Insurance Corporation of India. He was the Managing Director of LIC. 
  10. The United Nations Educational, Scientific and Cultural Organization (UNESCO was founded in which year?
    A) 1938

    B) 1964
    C) 1945
    D) 1952
    View answer
    Option C

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