Current Affairs Quiz- 27 June 2018

Current Affairs Quiz 27 June 2018

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  1. Which ministry launched the ‘Sampark’ portal?
    A) Ministry of External Affairs
    B) Ministry of Information and Broadcasting
    C) Ministry of Micro, Small and Medium Enterprises
    D) Ministry of Women and Child Development
    View answer
      Option C
    Explanation: A portal of the Ministry of MSME called ‘Sampark’ was unveiled. This portal will act as a bridge between the talent pool and those enterprises seeking trained human resources.
  2. Which mission was launched by Ministry of MSME for artisans?
    A) Artisans Employment Yojana
    B) Solar Automatic Mission
    C) Solar Sampark Mission
    D) Solar Charkha Mission
    View answer
      Option D
    Explanation: Solar Charkha Mission for artisans. The Solar Charkha Mission by MSME ministry will entail a subsidy of Rs 550 crore in the initial two years for 50 clusters and every cluster will employ 400 to 2000 artisans.
  3. What is the total subsidy under Solar Charkha Mission?
    A) Rs 500 crore
    B) Rs 550 crore
    C) Rs 100 crore
    D) Rs 700 crore
    View answer
    Option B
    Explanation: Solar Charkha Mission for artisans. The Solar Charkha Mission by MSME ministry will entail a subsidy of Rs 550 crore in the initial two years for 50 clusters and every cluster will employ 400 to 2000 artisans.
  4. 26th RIMPAC Exercise has started at?
    A) Hawaii
    B) Maldives
    C) Seychelles
    D) Cook Island
    View answer
    Option
    Explanation: Biennial Rim of the Pacific (RIMPAC) maritime exercise scheduled from June 27 to Aug. 2, 2018 has started in and around the Hawaiian Islands and Southern California(USA). RIMPAC 2018 is the 26th exercise in the series that began in 1971.
  5. What is the theme of RIMPAC 2018 execise?
    A) Cooperate, Able, Protective
    B) Capable, Adaptive, Partners.
    C) Cooperate, Adaptive, Protective
    D) Capable, Able, Partners
    View answer
    Option B
    Explanation: Capable, Adaptive, Partners.
  6. What is the health cover provided under Biju Swasthya Kalyan Yojana for women?
    A) Rs 3 lakh
    B) Rs 5 lakh
    C) Rs 7 lakh
    D) Rs 9 lakh
    View answer
    Option C
    Explanation: For Women- Rs 7 lakh; For Other/Per family- Rs 5 lakh
  7. What per cent of funds can the subscribers of the Employees’ Provident Fund (EPF) scheme withdraw after 1 month of unemployment?
    A) 50%
    B) 75%
    C) 25%
    D) 100%
    View answer
    Option B
    Explanation: After 30 days of unemployment- 75%; remaining 25% after 2 month of unemployment
  8. What amount of Line of Credit has EXIM Bank extended to Seychelles for Healthcare?
    A) $10 million
    B) $50 million
    C) $100 million
    D) $150 million
    View answer
    Option A
    Explanation: The Export-Import Bank of India (Exim Bank) has extended $10 million worth of line of credit (LOC) to Seychelles for healthcare and procurement of goods and projects.
  9. Financial Stability Report is released by which organization?
    A) IMF
    B) SEBI
    C) World Bank
    D) RBI
    View answer
    Option D
    Explanation: Financial Stability Report- RBI; Global Financial Stability Report- IMF
  10. What is India’s investment under GEF-7 to handle global environment crises?
    A) $15 million
    B) $12 million
    C) $10 million
    D) $25 million
    View answer
    Option A
    Explanation: India has announced it will increase for the next four years the money it pays to the Global Environment Facility (GEF), a mechanism to provide grants for environmental projects from $12 million to $15 million.
  11. What amount of capital infusion will government make in ECGC by 2020?
    A) Rs 500 crore
    B) Rs 450 crore
    C) Rs 2000 crore
    D) Rs 1000 crore
    View answer
    Option C
    Explanation:
    The amount would be infused in the three financial years i.e. Rs.50 crore in 2017-18, Rs.1450 crore in the year 2018-19 and Rs.500 crore for 2019-20.
  12. Which state won the MEA award for speedy passport verification?
    A) Haryana
    B) Kerala
    C) Punjab
    D) Telangana
    View answer
    Option D
    Explanation: Telangana police recieved award for speedy passport verification in the state on the occasion of passport Seva Diwas.
  13. ‘Veri fast’ app is used by which state for passport verification?
    A) Andhra Pradesh
    B) Telangana
    C) Kerala
    D) Maharashtra
    View answer
    Option B
    Explanation: Telangana State police is completing the whole process of passport verification using ‘Veri fast’ application in just 4 days.
  14. Who has been appointed as the Chairman of Central Board of Indirect Taxes and Customs (CBIC)?
    A) Rajeev Sharma
    B) S Ramesh
    C) Vikram Khare
    D) Ramesh Vats
    View answer
    Option B
    Explanation: Senior bureaucrat S Ramesh has been appointed as chairman of the Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes.
  15. Where was the 15th India-Australia Joint Ministerial Commission (JMC) held?
    A) Sydney
    B) Canberra
    C) New Delhi
    D) Mumbai
    View answer
    Option B
    Explanation: The 15th India-Australia Joint Ministerial Commission (JMC) was held on 25thJune 2018, in Canberra, Australia. The meeting was jointly chaired by Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu and Australian Minister for Trade, Tourism and Investment Steven Ciobo.
  16. Which country will host 4th annual meeting of the AIIB in 2019?
    A) China
    B) Malaysia
    C) Maldives
    D) Luxembourg
    View answer
    Option D
    Explanation: The fourth annual meeting of the AIIB will take place in Luxembourg in 2019. Luxembourg is first non-regional member of the AIIB to host the bank’s annual meeting.
  17. Which company has launched chatbot ALISHA?
    A) LIC
    B) Aviva Life Insurance
    C) HDFC Insurance
    D) GIC Re
    View answer
    Option B
    Explanation: Aviva Life Insurance has launched a chatbot named “ALISHA” in partnership with Findability Sciences — a cognitive and artificial intelligence (AI) solutions company. ALISHA stands for Aviva Life Insurance Self Help Assistant.
  18. When is Micro, Small and Medium-sized Enterprises (MSMEs) Day celebrated?
    A) June 27
    B) June 25
    C) June 29
    D) June 28
    View answer
    Option A
    Explanation: June 27, 2018- Micro, Small and Medium-sized Enterprises (MSMEs) Day. Theme 2018: The Youth Dimension.

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