Current Affairs Quiz – 22 May 2019

Current Affairs Quiz 22 May 2019: Based on the Current Affairs and Important News of 22 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. According to the forecast of OECD, India’s GDP is likely to grow at what percent in the financial year 2019-20?
    A) 7.5%

    B) 7.1%
    C) 7.4%
    D) 7.3%
    View answer
    Option A
    Explanation: 
    Organisation for Economic Co-operation and Development (OECD) has said in its Economic Outlook that Gross domestic product (GDP) growth in India is projected to strengthen to close to 7.25% in FY19 and close to 7.5% in FY20. 
  2. Name the third radar imaging earth observation satellite launched by ISRO recently?
    A) RISAT-3

    B) RISAT-1C
    C) RISAT-2B
    D) RISAT-3A
    View answer
    Option C
    Explanation: 
    The Indian Space Research Organisation (ISRO) successfully launched its third radar imaging earth observation satellite RISAT-2B into orbit on May 22, 2019. ISRO used Polar Satellite Launch Vehicle (PSLV-C46) to launch RISAT-2B from the Satish Dhawan Space Centre into an orbit of 556 km. 
  3. Pehal Charitable Trust (PCT) has entered into the Guinness Book of World Records for Longest Line of Hunger Relief (Iftar) Package. The trust is in which country?
    A) Turkey

    B) Israel
    C) India
    D) UAE
    View answer
    Option D
    Explanation: 
    Pehal charitable Trust (PCT), a charity run by an Indian in United Arab Emirates (UAE), has entered the Guinness Book of World Records for “Longest Line of Hunger Relief Package” in Abu Dhabi during the holy month of Ramzan. 
  4. What is the rank of India in terms of shadow banking assets globally as per Fitch report?
    A) 21

    B) 17
    C) 32
    D) 11
    View answer
    Option B
    Explanation:
    It ranked 17th globally at $571.7 billion.
  5. Name the winner of Man Booker International Prize 2019
    A) Laurent Binet

    B) Javier Cercas
    C) Jokha Alharthi
    D) Ariana Harwicz 
    View answer
    Option C
    Explanation: 
    Jokha Alharthi, an author from Oman, has won the prestigious Man Booker International Prize 2019 for her book “Celestial Bodies”. She is the first Arabic-language writer to win the prize.
  6. What is the projected growth rate of Indian economy for FY20 as per the United Nations report?
    A) 7.1%

    B) 7.2%
    C) 7.3%
    D) 7.5%
    View answer
    Option A
    Explanation: 
    As per the UN report, India’s economy is projected to grow at 7.1 percent in the fiscal year 2019-20 on the back of strong domestic consumption and investment.  For 2018-19 it  is 7.0% 
  7. The Taiwan Expo 2019 was held in which city of India?
    A) Mumbai

    B) Hyderabad
    C) New Delhi
    D) Pune
    View answer
    Option C
    Explanation: 
    The Taiwan Expo 2019 was held at Pragati Maidan in New Delhi from May 16 to 18, 2019. 
  8. When is the International Day for Biological Diversity observed globally?
    A) May 22

    B) May 20
    C) May 21
    D) May 19
    View answer
    Option A
    Explanation: 
    The United Nations sanctioned International Day for Biological Diversity (World Biodiversity Day) is observed on May 22 every year to promote biodiversity issues. The 2019 Theme of IDB is Our Biodiversity, Our Food, Our Health. 
  9. Based on the Fitch Report, what was the share of Shadow banking assets as a percentage of total financial assets within India?
    A) 11.5%

    B) 12.8%
    C) 13.7%
    D) 14.3%
    View answer
    Option D
    Explanation: 
    As per a Fitch Report, Shadow banking assets as a percentage of total financial assets within India, were at 14.3 percent, in line with the global percentage of 13.7 percent. The reports pointed out that India’s shadow banking assets were fairly small by international standards 
  10. The 2019 meeting of TAPI gas pipeline took place in which country?
    A) Afghanistan

    B) Turkmenistan
    C) Pakistan
    D) India
    View answer
    Option B
    Explanation: 
    Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline meeting was held on May 19, 2019 in Ashgabat,Turkmenistan. The Indian delegation was led by Special Assistant to the Prime Minister on Petroleum, Nadeem Babar. 
  11. Which country has recently launched Golden Card permanent residency scheme for expatriates?
    A) UAE

    B) United States
    C) Portugal
    D) Spain
    View answer
    Option A
    Explanation: 
    The United Arab Emirates has unveiled a permanent residency scheme for expatriates named “Golden Card” to retain wealthy individuals and exceptional talents. 
  12. Gay rights activist and veteran author Binyavanga Wainain who passed away recently belonged to which country?
    A) Spain

    B) South Africa
    C) Kenya
    D) Rwanda
    View answer
    Option C
    Explanation: 
    Renowned Kenyan author, journalist and gay rights activist Binyavanga Wainaina passed away due to illness. He was 48.
  13. When is the World AIDS Vaccine Day celebrated?
    A) May 16

    B) May 18
    C) May 21
    D) May 19
    View answer
    Option B
    Explanation:
    World AIDS Vaccine Day, (HIV Vaccine Awareness Day), is observed annually on May 18 to promote the continued urgent need for a vaccine to prevent HIV infection and AIDS.
  14. The Lok Sabha elections of which of these years witnessed highest voter turnout in its history?
    A) 2000

    B) 2014
    C) 2019
    D) 2009
    View answer
    Option C
    Explanation:
    The 2019 Lok Sabha elections clocked a record turnout of 67.11%, beating the previous turnout of 65.95% notched up in 2014
  15. The Fitch report stated that the share of Shadow banking assets of India was ____________ percent of total financial assets in the world
    A) 14.9 percent

    B) 11.2 percent
    C) 12.5 percent
    D) 13.7 percent
    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

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