Current Affairs Quiz – 24 May 2019

Current Affairs Quiz 24 May 2019: Based on the Current Affairs and Important News of 24 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 new guidelines notified by RBI, the large modern Currency Chests are now allowed to levy service charge of _________ on non-chest bank branches for depositing cash in CCs
    A) Rs 8 per packet

    B) Rs 5 per packet
    C) Rs 3 per packet
    D) Rs 10 per packet
    View answer
    Option A
    Explanation: 
    The Reserve Bank of India has allowed large modern Currency Chests (CC) to increase the service charges that the CCs charge on cash deposited by non-chest bank branches from the existing rate of ₹ 5/- per packet of 100 pieces to a maximum of ₹ 8/- per packet. 
  2. Name the winner of Global Asian of the Year 2018-19?
    A) Anita Gupta

    B) Kaberi Banerjee
    C) Hema Divakar
    D) Aneeta Talwar
    View answer
    Option C
    Explanation: 
    Bengaluru-based medical doctor Hema Divakar has been felicitated with the ‘Global Asian of the Year 2018-19’ for her contributions to the health ecosystem and women healthcare. Hema received the award at the Asian Business & Social Forum 2019 in Dubai under the ‘In Service of the Society and the Nation’ category. 
  3. Who among the following has won the German Chemistry Prize from India for the year 2019?
    A) Dewan Singh Bhakuni

    B) Kankan Bhattacharyya
    C) Garikapati Narahari Sastry
    D) Ankur Patwardhan
    View answer
    Option D
    Explanation: 
    Ankur Patwardhan, a scientist from Pune, runner up in an international competition ‘Elsevier Foundation-ISC3 Green and Sustainable Chemistry Challenge’ in Germany. 
  4. RBI has revised its Voluntary Retention Route for Investments by FPIs by merging VRR-Govt and VRR-Corp into VRR–Combined category. The investment limit for this new category will be
    A) Rs 35,000.55 crores

    B) Rs 54,606.55 crores
    C) Rs 45,555.55 crores.
    D) Rs 40500.55 crores.
    View answer
    Option B
    Explanation:
    The Reserve Bank of India had introduced the Voluntary Retention Route for Investments by Foreign Portfolio Investors (FPIs) on March 01, 2019. Now RBI has introduced some changes in it. The VRR–Combined category allows investment in both government securities and corporate debt. The investment limit shall be ₹ 54,606.55 crores.
  5. What is the maximum possible strength of judges that Supreme Court of India can have?
    A) 18

    B) 29
    C) 31
    D) 35
    View answer
    Option C
    Explanation: 
    Chief Justice Ranjan Gogoi administered oath of office to four new Supreme Court judges on May 24, 2019. With the addition of 4 new judges, the total strength of the apex court has now reached its full strength of 31 for the first time in five years. 
  6. DRDO successfully test fired its Inertial Guided Bomb from Su-30 MKI Aircraft from which state?
    A) Rajasthan

    B) Odisha
    C) Gujarat
    D) Tamil Nadu
    View answer
    Option A
    Explanation: 
    The Defence Research and Development Organisation (DRDO) successfully test fired an indigenously-developed 500 kg class Inertial Guided Bomb from Su-30 MKI Aircraft from the Pokhran test range in Rajasthan on May 24, 2019. 
  7. NewSpace India Limited (NSIL) is the new commercial arm of ISRO. What is the authorized capital of the NSIL?
    A) Rs 50 crore

    B) Rs 200 crore
    C) Rs 150 crore
    D) Rs 100 crore
    View answer
    Option D
    Explanation: 
    NewSpace India Limited (NSIL), the commercial arm of Indian Space Research Organisation (Isro) was officially inaugurated on May 23, 2019. Authorised share capital of NSIL: Rs 100 crore and Initial paid up capital of NSIL: Rs 10 crore.
  8. Uber has launched the world’s first rideshare submarine “scUber” in partnership with which country?
    A) United States

    B) Australia
    C) Germany
    D) Finland
    View answer
    Option B
    Explanation: 
    Uber has partnered with Australian tourist group Tourism Queensland to offer the world’s first rideshare submarine, scUber. 
  9. Theresa May has announced her intention to quit as the Prime Minister of United Kingdom and also as the Leader of _____________ in June
    A) Labour Party

    B) Scottish National Party
    C) Conservative Party 
    D) Liberal Democrats
    View answer
    Option C
    Explanation: 
    The British Prime Minister Theresa May has announced to quit her position as the prime minister of United Kingdom after failing to come up with an agreement with her ministers to lead Britain out of the European Union (Brexit). 
  10. Name the Indian artist who has won the Joan Miró Prize 2019?
    A) Nalini Malani

    B) Atul Dodiya
    C) Shilpa Gupta
    D) Subodh Gupta
    View answer
    Option A
    Explanation: 
    Indian artist Nalini Malani has won the Joan Miró Prize for 2019. The award comes with a €70,000 (Rs 54.5 lakh) prize. 

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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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