Current Affairs Quiz – 31 August 2018

Current Affairs Quiz 31 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 31 August 2018

  1. The Widow home named Krishna Kutir has been inaugurated in which city recently?
    A) Varanasi

    B) Mathura
    C) Lucknow
    D) Ayodhya
    View answer
    Option B
    Explanation: The Minister for Women & Child Development, Smt Maneka Sanjay Gandhi, along with Chief Minister of Uttar Pradesh, Shri Adityanath Yogi inaugurated the ‘Krishna Kutir’ at Vrindavan, Mathura, Uttar Pradesh. Krishna Kutir is a special home for 1000 widows set up by the Ministry of Women & Child Development under Swadhar Greh scheme of the Ministry and is the largest ever facility of its kind created by a government organization.
     
  2. The 4th BIMSTEC Summit was held in which city?
    A) New Delhi

    B) Dhaka
    C) Kathmandu
    D) Bangkok
    View answer
    Option C
    Explanation: The 4th BIMSTEC Summit has been successfully concluded in Kathmandu, Nepal which was held between 30-31 August 2018. The Prime Minister of Nepal K.P. Sharma Oli presented draft Kathmandu declaration which was unanimously adopted by the all member states.
     
  3. How much amount of soft loan has been assured by Germany to India to help for cleaning River Ganga?
    A) Euro 175 million

    B) Euro 100 million
    C) Euro 150 million
    D) Euro 120 million
    View answer
    Option D
    Explanation: Germany has announced to provide a soft loan of euro 120 million to India to help clean the holy river Ganga. It will be used to strengthen sewage water treatment infrastructure in Uttarakhand.
     
  4. What is the extended deadline set by UIDAI for banks to meet minimum Aadhaar enrollment/updations targets?
    A) October 1

    B) November 1
    C) December 1
    D) January 1
    View answer
    Option B
    Explanation: 
    UIDAI has extended till November 1 the deadline for banks to do minimum Aadhaar enrolments and updations in identified branches. The Unique Identification Authority of India (UIDAI) has asked banks to ensure that at least eight enrolments or updations are carried out daily in each stipulated branch from November 1, 2018, to avoid financial disincentives to be applicable from July 2018.
  5. Who has been appointed as the Chairman of the newly formed Vodafone Idea Limited?
    A) Pallonji Mistry

    B) Uday Kotak
    C) Kumar Mangalam Birla
    D) Lakshmi Mittal
    View answer
    Option C
    Explanation: The merger of Vodafone India and Idea Cellular is complete after the National Company Law Tribunal (NCLT) approved the merger, creating India’s largest telecom operator. Name of the merger entity: Vodafone Idea Limited Chairman: Mr. Kumar Mangalam Birla. CEO: Mr. Balesh Sharma. Vodafone Group Plc owns a 45.2% stake and Aditya Birla Group owns a 26.0% stake, both on fully diluted basis.
  6. Name the newly approved MD & CEO of YES Bank to take charge wef September 1, 2018.
    A) Rana Kapoor

    B) Shyam Srinivasan
    C) Vijay Shekhar Sharma
    D) Deepak Parekh
    View answer
    Option A
    Explanation: Reserve Bank of India (RBI) has approved the re-appointment of Rana Kapoor as the Yes bank’s MD and CEO. His re-appointed comes in effect from
     September 1, 2018. 
  7. Who has been elected as the new Chairman of Indian Banks Association (IBA)?
    A) Rajkiran Rai G. 

    B) Dinabandhu Mohapatra
    C) P. S. Jayakumar 
    D) Sunil Mehta
    View answer
    Option D
    Explanation: The Indian Banks Association (IBA) has elected Punjab National Bank’s managing director and chief executive, Sunil Mehta, as the new chairman for 2018-19. Deputy Chairman: Dina Bandhu Mohapatra (managing director and chief executive of Bank of India).
     
  8. The 7th meeting of the National Medicinal Plants Board (NMPB) took place in which city?
    A) Lucknow

    B) New Delhi
    C) Dehradun
    D) Gurgaon
    View answer
    Option B
    Explanation: The Seventh meeting of National Medicinal Plants Board (NMPB) of Ministry of AYUSH was held at New Delhi on August 30, 2018. The meeting was held under the chairpersonship of Minister of State for AYUSH, Shri Shripad Yesso Naik
    .
  9. When is the Small Industry Day observed?
    A) August 30

    B) August 29
    C) August 31
    D) August 28
    View answer
    Option A
    Explanation: 
    Small Industry Day is celebrated on 30 August every year in support and promotion of small Industries. 
  10. The 5th BIMSTEC Summit will take place in which country?
    A) India

    B) Bhutan
    C) Sri Lanka
    D) Bangladesh
    View answer
    Option C
    Explanation: The Nepalese Prime Minister handed over the chairmanship of BIMSTEC to the President of Sri Lanka Maithripala Sirisena. The 5th BIMSTEC Summit will be held in Sri Lanka. 

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