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Current Affairs Quiz – 29 February 2020

Current Affairs Quiz 29 February 2020: Based on the Current Affairs and Important News of 29 February 2020 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 February 2020. Attempt our daily current affairs quiz on our mobile app too

  1. Indian Railways has launched its first ‘Restaurant on Wheels’ in which city?
    A) Andheri
    B) Ambikapur
    C) Ajmer
    D) Asansol
    View answer
    Option D
    Explanation:
    Indian Railways has launched its first ‘Restaurant on Wheels’ at the circulating area of Asansol Railway station (West Bengal) for the use of Railway passengers as well as general public of Asansol.
  2. Sumant Kathpalia has been named as the new managing director (MD) and chief executive officer (CEO) of which bank?
    A) Axis Bank
    B) IndusInd Bank
    C) HDFC Bank
    D) ICICI Bank
    View answer
    Option B
    Explanation: 
    Sumant Kathpalia has been named the new managing director (MD) and chief executive officer (CEO) of IndusInd Bank. He will replace Romesh Sobti from March 24, 2020.
  3. The 2020 Asia Cup cricket tournament will be held in which place?
    A) Dubai
    B) New Delhi
    C) Islamabad
    D) London
    View answer
    Option A
    Explanation: 
    The 15th edition of the biennial event of 2020 Asia Cup cricket tournament has been shifted from Pakistan. The tournament will now be held in Dubai, to be played in the T20 format in September 2020.
  4. Which state has topped the NCAER Land Records and Services Index (N-LRSI 2020)?
    A) Assam
    B) Uttar Pradesh
    C) Madhya Pradesh
    D) Karnataka
    View answer
    Option C
    Explanation: 
    Madhya Pradesh has topped the NCAER Land Records and Services Index (N-LRSI 2020). The index assesses the extent of digitisation of land records and their quality across 33 states and Union Territories (UTs). Madhya Pradesh, Odisha, Maharashtra, Chhattisgarh, and Tamil Nadu are the top five states in the order of 1 to 5. Ladakh is ranked last.
  5. Government has extended the term of appointment of SEBI’s Chairman by another 6 months on 29 February 2020. Who is the incumbent Chairman of SEBI?
    A) David Rasquinha
    B) Subhash Chandra Khuntia
    C) Sriram Kalyanaraman
    D) Ajay Tyagi
    View answer
    Option D
    Explanation: 
    The Centre has extended the term of appointment of Ajay Tyagi, the Chairman of the Securities and Exchange Board of India (SEBI) by another six months.The term of Tyagi, an Indian Administrative Service officer of Himachal Pradesh Cadre, was supposed to end on 29th February 2020.
  6. Muhyiddin Yassin has been named as the new Prime Minister of which country?
    A) Indonesia
    B) Malaysia
    C) Maldives
    D) Egypt
    View answer
    Option B
    Explanation: 
    Muhyiddin Yassin has been named the new Prime Minister of Malaysia by the king of Malaysia. The decision came five days after the resignation of 94-year-old Mahathir, the world’s oldest head of government.
  7. The RBI has mandated that from April 01, 2020, all new floating rate loans extended by banks to ________ shall be linked to the external benchmarks.
    A) Large Enterprises
    B) Startups
    C) Medium Enterprises
    D) Corporates
    View answer
    Option C
    Explanation: 
    RBI has mandated that all new floating rate loans to the Medium Enterprises extended by banks from April 01, 2020 shall be linked to the external benchmarks. Earlier in September 2019, all new floating rate personal or retail loans (housing, auto, etc.) and floating rate loans to Micro and Small Enterprises (MSEs) extended by banks were linked to external benchmarks. Due to its success, the above step has been taken.
  8. Rare Disease Day is held every year on________
    A) 28 February
    B) 29 February
    C) Last Saturday of February
    D) Last day of February
    View answer
    Option D
    Explanation: 
    Rare Disease Day is observed every year on the last day of February. This year in 2020 it falls on February 29, 2020. Theme for 2020: “Rare is Many. Rare is Strong. Rare is Proud”.

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