Current Affairs Quiz – 3 August 2018

Current Affairs Quiz 3 August 2018

Current Affairs forms an important part of all Bank exams. Practice Current Affairs Questions everyday from ByScoop to gain confidence and cover all important questions for upcoming exams. Update yourself with our Daily Current Affairs Quiz 3 August 2018

  1. Name the first American company to cross $ 1 trillion market capitalization.
    A) Walmart

    B) Apple
    C) General Motors
    D) Berkshire Hathaway
    View answer
    Option B
    Explanation: Apple become America’s first publicly-traded company to hit the $1-trillion milestone when its stock briefly hit the $207.05 per share — the price required to achieve the feat.
     
  2. What is the tagline of Geographical Indications (GI) recently launched by the government?
    A) Invaluable Treasures of Incredible India

    B) Incredible India, Invaluable Properties
    C) Indispensable Treasures of India
    D) Indigenous Valuables of Incredible India
    View answer
    Option A
    Explanation: 
    Commerce and Industry Minister Suresh Prabhu launched a logo and tagline for Geographical Indications (GI) to increase awareness about intellectual property rights (IPRs) in the country. The slogan for the GI tag is-‘Invaluable Treasures of Incredible India’.
     
  3. Move Hack hackathon has been launched by which body?
    A) Ministry of Finance

    B) NITI Aayog
    C) National Payments Corporation of India (NPCI)
    D) BSE
    View answer
    Option B
    Explanation: NITI Aayog has launched Move Hack, a global mobility hackathon to crowdsource solutions aimed at the future of mobility in India. Envisaged to be one of the largest hackathons globally, Move Hack is focused on 10 themes and structured over three legs: online, followed by Singapore leg, and the finals in New Delhi.
     
  4. Who is the newly elected President of Zimbabwe?
    A) Emmerson Mnangagwa

    B) Robert Mugabe
    C) Kembo Mohadi
    D) George Charamba
    View answer
    Option A
    Explanation: The present President Emmerson Mnangagwa has been re-elected as Zimbabwe’s president.
  5. Who among the following has been conferred with the Shalaka Samman, Delhi government’s Hindi Sahitya Academy Samman for 2018?
    A) Shaji Jama

    B) M K Raina
    C) Javed Akhtar
    D) Abhisar Sharma
    View answer
    Option C
    Explanation: ‘Shalaka Samman’ of Delhi Govt- Javed Akhtar; ‘Shikar Samman’ of Delhi Govt- M K Raina 
  6. Which state has signed an MoU with the Tech Mahindra to launch India’s first Blockchain District in the state?
    A) Karnataka

    B) Andhra Pradesh 
    C) Odisha
    D) Telangana
    View answer
    Option D
    Explanation: The Telangana State Information Technology, Electronics and Communication department (ITE&C) has signed an MoU (Memorandum of Understanding) with the global digital transformation provider Tech Mahindra to launch India’s first Blockchain District in the state of Telangana.
  7. Name the entity which has launched Integrate to Innovate programme for startups of energy sector.
    A) Invest India

    B) FICCI
    C) India Brand Equity Foundation
    D) Investment Promotion Agencies in India
    View answer
    Option A
    Explanation: Invest India (national investment facilitation agency, funded by the DIPP) has joined hands with energy companies to offer its three-month programme for startups in the sector. The programme – Integrate to Innovate – provides an opportunity for collaboration and conversation around valuable energy transitions, offering startups an opportunity to bring their ideas to life with the guidance and support from corporates
    .
  8. Vikas Bonanza 456 deposit scheme has been launched by which bank?
    A) Andhra Pradesh Grameena Vikas Bank

    B) Karnataka Vikas Grameen Bank
    C) Assam Gramin Vikash Bank
    D) Bangiya Gramin Vikash Bank
    View answer
    Option B
    Explanation: Karnataka Vikas Grameen Bank launched a new deposit scheme ‘Vikas Bonanza 456’, offering higher rate of interest. Scheme is for 456 days with interest rate of 7.10% for general public and 7.60% for senior citizens. The scheme also offers an annualised return of 7.35% for general public and 7.89% for senior citizens. Under the scheme, a minimum of Rs. 10,000 and maximum of Rs. 1 crore can be deposited.
  9. Which state has launched the Mukhya Mantri-Yuva Nestham scheme?
    A) Odisha

    B) Tamil Nadu
    C) Karnataka
    D) Andhra Pradesh
    View answer
    Option D
    Explanation: Andhra Pradesh CM Chandrababu Naidu launched ‘Mukhya Mantri-Yuva Nestham’, a scheme through which an allowance of Rs 1000 per month will be provided to unemployed youth in the state. About 12 lakh youths in the age group of 22-35 years will get the benefit of the scheme.
     
  10. FICCI Ladies Organisation (FLO) has launched a mobile app for women named WOW to create awareness on preventive healthcare. What does WOW stands for?
    A) Weakness of Women

    B) Well-being of Women
    C) Wellness of Women
    D) Wealth of Women
    View answer
    Option C
    Explanation: FICCI Ladies Organisation (FLO),  has launched a mobile application named “WOW” (Wellness of Women)  aimed at creating awareness on preventive healthcare. FLO is the women’s wing of Federation of Indian Chamber of Commerce and Industry.
     

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