Current Affairs Quiz – 25 August 2019

Current Affairs Quiz 25 August 2019: Based on the Current Affairs and Important News of 25 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 25 August 2019. Most important current affairs questions for 25 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. What is the rank of India in the Henley Passport Index 2019?
    A) 91

    B) 79
    C) 58
    D) 86
    View answer
    Option D
    Explanation:
     India has been ranked at 86th place in annual Henley Passport Index 2019, a slip of 5 place from 81 in 2018. India shares its position with two countries namely Mauritania and Sao Tome and Principe at 86th place with a score of 58. This means India will able to access 58 destinations around the world without a prior visa. 
  2. SEBI has recently announced that from now on the foreign portfolio investors (FPI) will be grouped into __________ categories
    A) five

    B) three
    C) two
    D) four
    View answer
    Option C
    Explanation:
    The Securities and Exchange Board of India (Sebi) has eased the regulatory and compliance framework for foreign portfolio investors (FPI) with an aim to boost investments and expedite the registration process for FPIs. Some major announcements and approvals made by SEBI is listed below: FPIs may be re-categorized into two categories – Category I and II, instead of the present requirement of three categories.The central banks that are not the members of BIS (Bank for International Settlement) shall also be eligible for FPI registration.Documentation requirements for KYC have been simplified.
  3. Who has won the BWF World Championships 2019 in women’s single event?
    A) Carolina Marin

    B) PV Sindhu
    C) Misaki Matsutomo
    D) Nozomi Okuhara
    View answer
    Option B
    Explanation: 
    Ace Indian shuttler PV Sindhu defeated Japan’s Nozomi Okuhara 21-7, 21-7., in the finals of women’s single to win the BWF World Championships title at Basel in Switzerland. 
  4. To address liquidity crunch of PSBs, the government has decided to infuse upfront capital of Rs ___________into public sector banks
    A) Rs 80,000 crore

    B) Rs 65,000 crore
    C) Rs 50,000 crore
    D) Rs 70,000 crore
    View answer
    Option D
    Explanation: 
    Government will release Rs. 70,000 Cr., additional lending and liquidity to the tune of ~ Rs 5 Lakh crore by providing upfront Capital to PSBs. 
  5. Which country has recently conferred Prime Minister Modi with its highest civilian honor of ‘The King Hamad Order of the Renaissance’?
    A) Bahrain

    B) United Arab Emirates
    C) France
    D) Iran
    View answer
    Option A
    Explanation: 
    Prime Minister Narendra Modi was conferred ‘The King Hamad Order of the Renaissance’ by the King of Bahrain, Hamad bin Isa Al Khalifa on August 24 for his effort to strengthen the bilateral ties with the Gulf nation. PM Modi is the first-ever Indian Prime Minister to visit Bahrain.
  6. Who has penned the book on the e-commerce site Flipkart under the name ‘Big Billion Startup – The Untold Flipkart Story’?
    A) Prannoy Roy
    B) Shereen Bhan
    C) Mihir Dalal
    D) Shekhar Gupta
    View answer
    Option C
    Explanation: 
    The story of how the IIT graduates Sachin Bansal and Binny Bansal founded and built the e-commerce start-up Flipkart and turned it into a multi-billion-dollar powerhouse in few years as India’s biggest online market has come out in the form of a book. The book titled ‘Big Billion Startup – The Untold Flipkart Story’ has been penned by journalist Mihir Dalal.
  7. The first ever upgraded National Food Laboratory (NFL) of FSSAI on Public-Private-Partnership (PPP) has been inaugurated in which city?
    A) Noida

    B) Ghaziabad
    C) Pune
    D) New Delhi
    View answer
    Option B
    Explanation: 
    The Union Health Minister Harsh Vardhan inaugurated the upgraded National Food Laboratory (NFL) of FSSAI in Ghaziabad on the occasion of 13th anniversary of the Food Safety and Standards Act, 2006. The NFL, Ghaziabad is the first national laboratory upgraded on Public-Private-Partnership (PPP). 
  8. Name the actress who has topped the Forbes Highest-Paid Actresses list 2019?
    A) Jennifer Aniston

    B) Reese Witherspoon
    C) Sofia Vergara
    D) Scarlett Johansson
    View answer
    Option D
    Explanation: 
    Actress Scarlett Johansson has topped the Forbes Highest-Paid Actresses list 2019 with an earning of $56 million. The list contains top 10 paid actress. 
  9. The ANUBHAV Awards 2019 has been launched by which ministry?
    A) Ministry of Personnel, Public Grievances and Pensions
    B) Ministry of Human Resource Development
    C) Ministry of of Youth Affairs and Sports 
    D) Ministry of Health & Family Welfare
    View answer
    Option A
    Explanation: 
    Dr. Jitendra Singh presented the ANUBHAV Awards 2019 on August 23, 2019 in New Delhi at the Pre-Retirement counseling workshop function organized by the Department of Pension and Pensioners’ Welfare, Ministry of Personnel, Public Grievances and Pensions. 
  10. Which team has won the 2019 Durand Cup?
    A) Mohun Bagan

    B) Army Green
    C) Gokulam Kerala
    D) Real Kashmir
    View answer
    Option C
    Explanation: 
    Gokulam Kerala defeated Mohun Bagan 2–1 to win their maiden Durand Cup finals held on 24 August 2019 at the Salt Lake Stadium in Kolkata. 
  11. Who is the author of the book ‘Flawed: The Rise and Fall of India’s Diamond Mogul Nirav Modi’?
    A) S.Kanagarai

    B) Pavan C Lall
    C) J.N.Mogal
    D) Sita Ram Himral
    View answer
    Option B
    Explanation: 
    The story depicting the details of the fugitive diamantaire Nirav Modi in the form of a book titled, “Flawed: The Rise and Fall of India’s Diamond Mogul Nirav Modi” will hit the stands on August 31, 2019. The book has been written by journalist-author Pavan C Lall. 
  12. Who has been selected for the Eminent Engineer Award for the Year 2019 by the Institution of Engineers (India)?
    A) Prabhakar Singh

    B) Kshipra Mishra
    C) Madan Gopal
    D) Basheer Ahammad Kaji
    View answer
    Option A
    Explanation: 
    Shri Prabhakar Singh, Director General, Central Public Works Department (CPWD) has been chosen for the ‘Eminent Engineer Award for the Year 2019’ by the Institution of Engineers (India) for his distinguished and exemplary Service in the field of Engineering and Technology. 
  13. CBDT has specified that small start-ups with an annual turnover of Rs ______________ will get promised tax holiday.
    A) Rs 30 crores

    B) Rs 10 crores
    C) Rs 15 crores 
    D) Rs 25 crores
    View answer
    Option D
    Explanation: 
    The Central Board of Direct Taxes (CBDT) has clarified that small start-ups with turnover upto Rs. 25 crores will continue to get the promised tax holiday as specified in the Income Tax Act, 1961. 
  14. As per the latest announcement by SEBI, the Central Banks that are not members of _______ shall also be eligible for FPI registration?
    A) International Monetary Fund

    B) World Bank
    C) Bank for International Settlement
    D) European Bank for Reconstruction and Development
    View answer
    Option C
    Explanation:
    The central banks that are not the members of BIS (Bank for International Settlement) shall also be eligible for FPI registration.
  15. According to the new order of the Ministry of Finance, all BS IV vehicles purchased till __________shall remain operational for entire period of registration.
    A) 31 October 2019

    B) 31 March 2020
    C) 31 December 2019
    D) 31 January 2020
    View answer
    Option B
    Explanation: 
    All the BS IV vehicles purchased till 31.03.2020 shall remain operational for entire period 27 of registration. The revision of one-time registration fees has been deferred till June 2020. Any vehicle acquired from now till March 2020 will benefit from an additional 15 per cent depreciation, making a total of 30 per cent depreciation. 
  16. The liquidity support provided by the NHBs to the HFCs have been increased to _______
    A) Rs 30,000 crore

    B) Rs 10,000 crore
    C) Rs 20, 000 crore
    D) Rs 40,000 crore
    View answer
    Option A
    Explanation: 
    NHB to give additional liquidity support to HFCs of Rs. 20,000 Cr thereby increasing it to Rs. 30,000 Cr. 
  17. Durand Cup is associated with which sports?
    A) Golf

    B) Tennis
    C) Football
    D) Badminton
    View answer
    Option C
    Explanation:
    Durand Cup is the oldest football tournament in Asia since its foundation in 1888.
  18. Government has decided that from October, 1, 2019 all notices, summons, orders etc. by the income-tax authorities shall be disposed off within _________months from the date of reply
    A) 1

    B) 9
    C) 6
    D) 3
    View answer
    Option D
    Explanation: 
    From 1st October, 2019 all notices to be disposed off within three months from the date of reply.
  19. Which country has topped the Henley Passport Index 2019?
    A) Japan & Singapore

    B) Norway & Mauritius
    C) Singapore & Turkey
    D) Japan & Germany
    View answer
    Option A
    Explanation: 
    Japan and Singapore shares the top spot on the Henley Passport Index, with a visa-free or visa-on-arrival score of 189. Among the 109 countries included in the index, Afghanistan remains at the bottom with weakest passport having Visa-free access to only 25 destinations. 
  20. How many MoUs have been signed between India and Bahrain during PM Modi’s visit to the Gulf nation recently?
    A) Six

    B) Four
    C) Eight
    D) Ten
    View answer
    Option B
    Explanation: 
    India and Bahrain also signed four Memorandums of Understanding (MoUs) in the field of culture, space, solar energy, and on the roll-out of RuPay card. For Rupay, the National Electronic Payments Network (BENEFIT) of Bahrain and the Indian National Payments Corporation (NPCI) has partnered for cooperation and link payment systems to facilitate payments between the two countries. 

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