Current Affairs Quiz – 03 August 2019

Current Affairs Quiz 03 August 2019: Based on the Current Affairs and Important News of 03 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 03 August 2019. Most important current affairs questions for 03 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. Name the Chinese Bank which has recently received the approval of RBI to start providing regular banking services in India
    A) China Construction Bank

    B) Industrial and Commercial Bank of China 
    C) Bank of China
    D) Agricultural Bank of China
    View answer
    Option C
    Explanation: The Reserve bank of India has included Bank of China in the second schedule of RBI Act. Now the bank can provide regular banking services in India. 
  2. The Ministry of Agriculture has launched the app Meghdoot in collaboration with which Ministry to assist farmers?
    A) Ministry of Earth Sciences

    B) Ministry of New and Renewable Energy
    C) Ministry of Environment, Forest and Climate Change
    D) Ministry of Electronics and Information Technology
    View answer
    Option A
    Explanation: 
    The Ministries of Earth Sciences and Agriculture have launched a mobile application named ‘Meghdoot’ to help farmers. The app will provide location, and crop and livestock-specific weather-based agro advisories to farmers in local languages. 
  3. Name the Indian origin contestant who has won the 2019 Miss England beauty Pageant?
    A) Panchi Bora

    B) Chitra Shukla
    C) Namrata Purohit
    D) Bhasha Mukherjee
    View answer
    Option D
    Explanation: 
    Indian-origin Bhasha Mukherjee has been crowned Miss England 2019.The 23-year-old beauty from Derby in East Midlands region of England is a doctor by profession. 
  4. The Republic of Guinea has honoured which Indian leader with ‘National order of Merit’ its highest award?
    A) Narendra Modi

    B) Ram Nath Kovind
    C) Amit Shah
    D) Venkaiah Naidu
    View answer
    Option B
    Explanation: 
    President Ram Nath Kovind has been honored with the ‘National order of Merit’ by the President of the Republic of Guinea, Alpha Conde. It is the highest award of Republic of Guinea. 
  5. The Space Situational Awareness Control Centre is planned to be set up in which city by ISRO to protect the Indian satellites from space debris?
    A) Kochi

    B) Hyderabad
    C) Bengaluru
    D) Balasore
    View answer
    Option C
    Explanation: 
    TheIndian Space Research Organisation (ISRO) has laid the foundation stone for the Space Situational Awareness Control Centre in Bengaluru. 
  6. Devadas Kanakala was a veteran actor of which film industry?
    A) Telugu

    B) Malayalam
    C) Marathi
    D) Bengali
    View answer
    Option A
    Explanation: 
    Veteran Telugu actor Devadas Kanakala passed away at the age of 75. He had helped many budding actors hone their skills through his film institute. 
  7. NHB has come up with Liquidity Infusion Facility (LIFt) Scheme for Housing Finance Companies. What is the maximum amount that can be drawn under the scheme per HFC?
    A) Rs 100 crore

    B) Rs 500 crore
    C) Rs 200 crore
    D) Rs 400 crore
    View answer
    Option B
    Explanation: 
    National Housing Bank (NHB) has launched a Liquidity Infusion Facility (LIFt) Scheme for Housing Finance Companies to support Housing Finance Companies in creating individual housing loan portfolio that falls under the priority sector. Government has allocated an amount of ₹ 10,000 crore for this scheme. The maximum amount that can be drawn under this scheme shall not exceed ₹ 500 crore per HFC. 
  8. Which e-commerce company has launched the initiative SAMARTH to help artisans and weavers sell their products online through its platform?
    A) Snapdeal

    B) Paytm
    C) Amazon
    D) Flipkart
    View answer
    Option D
    Explanation: 
    The E-commerce company Flipkart has rolled out an initiative named ‘Samarth’ to support weavers, artisans and makers of handicrafts. 
  9. What is the total outlay of the ‘Vhali Dikri Yojna’ launched by Gujarat for girl child?
    A) Rs 185 crre

    B) Rs 201 crore
    C) Rs 133 crore
    D) Rs 98 crore
    View answer
    Option C
    Explanation: 
    The Chief Minister of Gujarat Vijay Rupani has inaugurated the statewide cash incentive scheme named ‘Vhali Dikri Yojna’ with a view to raise the female birthrate at par with male to achieve gender equality. An amount of Rs.133 crore has been allocated towards the scheme. 
  10. Which Indian state is soon to get the world’s first ultra-fast hyperloop transportation system?
    A) Maharashtra

    B) Gujarat
    C) Telangana
    D) Tamil Nadu
    View answer
    Option A
    Explanation: 
    Maharashtra has granted infrastructure project status for a $10-billion plan (around Rs 70,000 Crore) to build the world’s first ultra-fast hyperloop project i.e Mumbai-Pune hyperloop project. 
  11. Name the two countries which has recently ended their Intermediate-Range Nuclear Forces (INS Missile) treaty?
    A) India and Germany

    B) US & Russia
    C) US and Israel
    D) Russia & Germany
    View answer
    Option B
    Explanation: 
    The US has withdrawn from the Intermediate-Range Nuclear Forces treaty that was signed in 1987 Reagan-era with Russia. The treaty banned ground-launched medium-range missiles with a range of 310 to 3,400 miles. The US had withdrawn from the treaty as Russia refused to destroy its new intermediate-range SSC-8 cruise missile that Washington said violated the INF. 
  12. The name of which of these foreign banks has been altered as NatWest Markets Plc in the 2nd schedule of RBI Act 1934?
    A) Deutsche Bank

    B) Barclays
    C) National Australia Bank
    D) The Royal Bank of Scotland plc
    View answer
    Option D
    Explanation: 
    Name of “The Royal Bank of Scotland plc” altered to“NatWest Markets Plc” in the Second Schedule to the Reserve Bank of India Act, 1934 

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