Current Affairs Quiz 29 December 2019 - Current Affairs Daily MCQ

Current Affairs Quiz 29 December 2019: Based on the Current Affairs and Important News of 29 December 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 29 December 2019. Attempt our daily current affairs quiz on our mobile app too.

RBI has directed all the large Urban Co-operative Banks (UCBs) with total assets of Rs 500 crore and more to report all exposures of _______ and above to Central Repository of Information on Large Credits (CRILC)
A) Rs 5 crore
B) Rs 2 crore
C) Rs 10 crore
D) Rs 3 crore

View answer
Option A
Explanation: The Reserve Bank of India has decided that all Primary (Urban) Co-operative Banks (UCBs) having total assets of Rs 500 crore and above as on 31 March, 2018 shall report their credit information, including classification of an account as Special Mention Account (SMA), on all borrowers having aggregate exposures of Rs 5 crore and above with them to Central Repository of Information on Large Credits (CRILC) maintained by the Reserve Bank.
Name the new Chief Minister of Jharkhand
A) Raghubar Das
B) Droupadi Murmu
C) Alamgir Alam
D) Hemant Soren

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Option D
Explanation: The Jharkhand Mukti Morcha (JMM) working president Hemant Soren took oath as the 11th Chief Minister of Jharkhand in Ranchi on December 29, 2019. This is the second time that Mr Soren is being sworn in as the chief minister. Before this, Soren served as the 5th Chief Minister of Jharkhand (13 July 2013 – 28 December 2014). He was administered the oath of office and secrecy by Governor Droupadi Murmu.
Shiv Sharma who died recently was the former Director-General of which of these organisations?
A) Union Public Service Commission
B) National Council of Educational Research and Training
C) Bharat Sanchar Nigam Limited
D) Doordarshan

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Option D
Explanation: Former Director-General of Doordarshan Shiv Sharma passed away in Gurugram, Haryana. He was 85.
India’s first transit-oriented development (TOD) project has been launched in which city?
A) New Delhi
B) Bengaluru
C) Hyderabad
D) Kolkata

View answer
Option A
Explanation: The Union Home Minister Amit Shah laid the foundation stone for India’s first transit-oriented development (TOD) project in New Delhi, under which a state-of-the-art infrastructure zone will be constructed. The TOD infrastructure project has been titled as ‘East Delhi Hub’. The project will be developed at Karkardooma area spread over an area of 30 hectares and will come in the next three and a half years. It will include a 48-storey signature tower, which will become Delhi’s tallest tower.
Which country has recently become the first in the world to deploy its Avangard hypersonic nuclear-capable missiles?
A) United States
B) Russia
C) France
D) China

View answer
Option B
Explanation: In a landmark event, on 27 December 2019, Russian military deployed its first regiment of hypersonic nuclear-capable missiles officially into service, thus putting Russia ahead of other nations. The new missile system, called Avangard, is equipped with hypersonic glide vehicle (HGV), placed on top of intercontinental ballistic missile, and can hit almost any point in the world.
As per the data by the PMO, the governments’ citizen-centric online portal MyGov has reached ________ registered users.
A) 3 crore
B) 2 crore
C) 1 crore
D) 5 crore

View answer
Option C
Explanation: The Prime Minister’s Office has informed that the Central government’s citizen-centric online engagement platform, MyGov.in, has reached one crore registered users.
Vikas Sabnis who died recently was one of the renowned _______
A) Sitar Player
B) Mountaineer
C) Agricultural scientist
D) Political cartoonist

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Option D
Explanation: Veteran Political cartoonist Vikas Sabnis, who made caricatures and political cartoons on various subjects and issues, passed away. He was 69. Inspired by cartoonists R K Laxman and Shiv Sena founder Bal Thackeray, he had started his career in 1968 and completed 50 years of illustrious career in 2018.
The Ministry of Finance has decided to do away with MDR charges on transaction via RuPay and UPI platforms with effect from_________
A) February 2020
B) January 2020
C) March 2020
D) April 2020

View answer
Option B
Explanation: The Union Finance Minister Nirmala Sitharaman has announced that no Merchant Discount Rate (MDR) will be applicable on transactions made through RuPay and UPI platforms with effect from 01 January 2020.
The veteran Swamiji Sri Vishvesha Teertha of the renowned Sri Pejawara Matha has passed away. The Matha is based in which state?
A) Karnataka
B) Odisha
C) Madhya Pradesh
D) Maharashtra

View answer
Option A
Explanation: Sri Vishvesha Teertha Swamiji of the renowned Sri Pejawara Matha, Udupi, Karnataka passed away. He was 88 years old seer. Swamiji was the 32nd seer to head this matha.
The life-size statue of former Union Minister Arun Jaitley has been unveiled in which of these cities as a tribute on his birth anniversary on December 28, 2019?
A) New Delhi
B) Surat
C) Patna
D) Lucknow

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Option C
Explanation: Bihar Chief Minister Nitish Kumar unveiled a life-size statue of former Union Minister Arun Jaitley (28 December 1952 – 24 August 2019) at Kankarbagh area in Patna, Bihar on his birth anniversary on December 28, 2019.
The Mandu Festival has been organised by which state to promote tourism?
A) Gujarat
B) Madhya Pradesh
C) Rajasthan
D) Jharkhand

View answer
Option B
Explanation: The first edition of Mandu Festival kicked-off at Mandu, a world-famous picturesque tourist destination located in Dhar district of Madhya Pradesh.
Which country successfully launched its largest carrier rocket Long March-5, also known as CZ-5?
A) UAE
B) United States
C) India
D) China

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Option D
Explanation: On December 27, 2019, China successfully launched the largest carrier rocket of the country, Long March-5, from Wenchang Space Launch Center in south China’s Hainan Province. The rocket, also known as CZ-5, blasted off carrying an experimental communications satellite, Shijian-20, into geostationary transfer orbit. It was the country’s third attempt to launch the rocket.
The Ministry of Statistics and Programme Implementation has set up standing committee on economic statistics (SCES) to improve the data quality. Who will be the head of the committee?
A) Pronab Sen
B) Gurucharan Manna
C) Amitabh Kant
D) Pravin Srivastava

View answer
Option A
Explanation: The Ministry of Statistics and Programme Implementation has set up a 27-member single standing committee on economic statistics (SCES) to deliberate and develop methodologies for surveys on industry, services and employment, to improve quality of data. Earlier multiple panels used to be constituted to deliberate on these issues. The high-level panel will be headed by India’s first Chief Statistician Pronab Sen.
The Central Repository of Information on Large Credits (CRILC) has been created for early recognition of financial distress. Who will maintain CRILC?
A) SEBI
B) RBI
C) IRDAI
D) NPCI

View answer
Option B
Explanation: The Reserve Bank in its fifth Bi-monthly Monetary Policy Statement (December 05, 2019), announced the creation of Central Repository of Information on Large Credits (CRILC) of scheduled commercial banks, all India financial institutions and certain non-banking financial companies for strengthening offsite supervision and early recognition of financial distress.
What is the operating budget for the United Nations for the year 2020?
A) $4.10 billion
B) $2.09 billion
C) $1.75 billion
D) $3.07 billion

View answer
Option D
Explanation: The UN General Assembly has adopted the regular operating budget of $3.07 billion ($3,073,830,500) for the United Nations for the year 2020 and for the first time includes funding for the investigation of war crimes in Syria and Myanmar. It is also for the first time since 1973 that the UN is adopting an annual operating budget instead of a two-year.
The National Symposium of Poets 2020 was organised by which of these organisations?
A) Press Trust of India
B) Doordarshan
C) All India Radio
D) Radio Mirchi

View answer
Option C
Explanation: National Symposium of Poets 2020 was organized by All India Radio. The annual poet symposium, organised since 1956, was attended by country’s select poets of all 22 languages recognized in the constitution.

Current Affairs Quiz -29 December 2019

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