Current Affairs Quiz – 24 August 2019

Current Affairs Quiz 24 August 2019: Based on the Current Affairs and Important News of 24 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 24 August 2019. Most important current affairs questions for 24 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. Senior BJP Leader Shri Arun Jaitley passed away recently. He held which portfolio as the cabinet minister in Modi government?
    A) Ministry of Defence

    B) Ministry of Finance & Corporate Affairs
    C) Ministry of External Affairs
    D) Ministry of Home Affairs
    View answer
    Option B
    Explanation: 
    The former finance minister of Indian Government, Arun Jaitley has passed away at the age of 66 years. He was admitted in AIIMS since August 09, 2019 due to complaints of breathlessness and restlessness. He served as the Minister of Finance and Corporate Affairs of the Government of India from 2014 to 2019. 
  2. The ‘Order of Zayed’ is the highest civilian honor which was recently conferred on PM Modi. It is given by which country?
    A) UAE

    B) Iran
    C) Qatar
    D) Bahrain
    View answer
    Option A
    Explanation: 
    Prime Minister Narendra Modi was honoured with the ‘Order of Zayed’, the UAE’s highest civilian award on August 24, 2019 in Abu Dhabi, UAE for his efforts to boost bilateral ties between the two countries. PM Modi was in UAE on second leg of his three-nation visit beginning France, UAE and Bahrain respectively. 
  3. Which Ministry has launched the Project SU.RE?
    A) Ministry of Commerce & Industry
    B) Ministry of New and Renewable Energy 
    C) Ministry of Human Resource Development
    D) Ministry of Textiles
    View answer
    Option D
    Explanation: 
    The Union Minister for Textiles Smriti Zubin Irani inaugurated Project SU.RE, which stands for Sustainable Resolution,during Lakme Fashion Winter/Festive 2019 in Mumbai. Project SU.RE aims to move towards sustainable fashion that contributes to a clean environment to save the earth. 
  4. The Composite Water Management Index (CWMI) is released by which of these entities?
    A) NGT

    B) NPCI
    C) NITI Aayog
    D) Ministry of Jal Shakti
    View answer
    Option C
    Explanation: 
    NITI Aayog has prepared the second Round of Composite Water Management Index (CWMI 2.0) in which Gujarat is at the top. 
  5. Which among the following types of energy has been declared by the government as the source of Renewable Energy eligible to meet non-solar Renewable Purchase Obligations (RPO)?
    A) Geothermal Energy

    B) Ocean Energy
    C) Hydrogen Energy
    D) Biomass Energy
    View answer
    Option B
    Explanation: 
    In an effort to boost to ocean energy in India, the Ministry of New and Renewable Energy (MNRE) has declared Ocean Energy as Renewable Energy. The Ministry has clarified all the stakeholders that energy produced using various forms of ocean energy such as tidal, wave, current, ocean thermal energy conversion (OTEC) among others shall be considered as renewable energy. 
  6. Recently CVC has reconstituted the Advisory Board on Bank, Commercial and Financial Frauds as (ABBF). Who will be the head of the reconstituted board?
    A) TM Bhasin

    B) Bimal Jalan
    C) Rajiv Kumar
    D) Mahesh Kumar Jain
    View answer
    Option A
    Explanation: 
    Central Vigilance Commission (CVC), in consultation with the Reserve Bank of India, has reconstituted the Advisory Board on Bank, Commercial and Financial Frauds as ABBF. The four-membered board, ABBF will be headed by TM Bhasin, former CMD of Indian Bank. 
  7. Bandhan Bank has partnered with which bank to launch its co-branded credit card?
    A) Citibank
    B) Standard Chartered Bank
    C) Yes Bank
    D) IDFC First Bank
    View answer
    Option B
    Explanation: 
    Bandhan Bank has entered into the credit cards business in partnership with Standard Chartered Bank. Standard Chartered Bank will provide the back-end supports as well as the credit. 
  8. How many Indian sites has been included in the 2019 World’s 100 Greatest Places by Time’s magazine?
    A) 1

    B) 10
    C) 5
    D) 2
    View answer
    Option D
    Explanation: 
    The Statue of Unity in Gujarat and Soho House in Mumbai have been listed in Time magazine’s second annual list of the world’s 100 greatest places in the year 2019, featuring new and “newly noteworthy destinations to experience right now”.
  9. How many Indian banks have been listed in the top 10 worst-performing bank stocks globally as per the data of Bloomberg?
    A) 4

    B) 5
    C) 7
    D) 9
    View answer
    Option C
    Explanation: 
    Data as per Bloomberg indicates that Seven of the 10 worst-performing bank stocks globally are from India as the country struggles due to an economic slowdown. 
  10. Which state has topped in the second edition of the Composite Water Management Index (CWMI 2.0)?
    A) Gujarat

    B) Andhra Pradesh
    C) Maharashtra
    D) West Bengal
    View answer
    Option A
    Explanation:
    CWMI 2.0 ranks various states for the reference year 2017-18 as against the base year 2016-17 (for first edition). Gujarat is at the top in the reference year (2017-18). Andhra Pradesh is on 2nd, Madhya Pradesh on 3rd, Goa on 4th, Karnataka on 5th and Tamil Nadu on 6th. In the last ranking also Gujarat was on top. 
  11. Name the Indian badminton player who has won a medal for the country in 36 years in the BWF World Championships
    A) Srikanth Kidambi

    B) Parupalli Kashyap
    C) Prannoy Kumar
    D) B Sai Praneeth 
    View answer
    Option D
    Explanation: 
    B Sai Praneeth became the first Indian male shuttler in 36 years to secure a medal in the BWF World Championships. He won a Bronze Medal. Sai Praneeth lost 13-21, 8-21 to Japan’s Kento Momota in men’s singles semifinal of BWF World Championships. The event is being held at Basel, Switzerland. 
  12. Who has been awarded with the Clark R Bavin Wildlife Law Enforcement Award for the year 2019?
    A) Ashok Kumar

    B) Vivek Menon
    C) PC Bhattacharjee
    D) M.K.Ranjitsinh
    View answer
    Option B
    Explanation: 
    Conservationist Vivek Menon, head of Wildlife Trust of India, has been awarded the prestigious Clark R Bavin Wildlife Law Enforcement Award for the year 2019 on August 20 in Geneva. 
  13. Name the first ever Middle East nation where India has launched its RuPay card system of electronic payment
    A) Bahrain

    B) UAE
    C) Turkey
    D) Syria
    View answer
    Option B
    Explanation: 
    Prime Minister also launched the RuPay card in Abu, Dhabi, UAE, With this, UAE has become first country in the Middle East to initiate the Indian indigenous system of electronic payment. 
  14. The 18th meeting of Conference of Parties (COP) to Convention on International Trade in Endangered Species (CITES) is being held in which city?
    A) New York

    B) Paris
    C) Geneva
    D) London
    View answer
    Option C
    Explanation:
    The 18th meeting of Conference of Parties to CITES in Geneva, Switzerland to be held from 17-28 August 2019.
  15. Name the bank which has topped in the Bloomberg’s list of worst-performing bank stocks globally for the year 2019?
    A) Yes Bank

    B) IDBI
    C) Bank of India
    D) Corporation Bank
    View answer
    Option A
    Explanation:
    Data as per Bloomberg indicates that Seven of the 10 worst-performing bank stocks globally are from India as the country struggles due to an economic slowdown. Yes Bank is the top worst performing bank among these. It has a Total YTD returns: -69.60 percent.

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