Current Affairs Quiz 05 August 2019: Based on the Current Affairs and Important News of 05 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 05 August 2019. Most important current affairs questions for 05 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.
- How much amount has been approved by the government for the Kosi-Mechi river interlinking project in Bihar?
A) Rs 2500 crore
B) Rs 4900 crore
C) Rs 5200 crore
D) Rs 3600 crore
View answer
Option B
Explanation: The Centre has approved a project worth Rs 4,900-crore Kosi-Mechi river interlinking project in Bihar. This is the second major river interlinking project in the country to be approved after the Ken-Betwa project in Madhya Pradesh.
- Centre has scrapped the Article 370 of the Constitution that provided special status to Jammu & Kashmir and decided to convert the state into Union Territories. The state will be bifurcated into how many UTs?
A) 3
B) 1
C) 2
D) 4
View answer
Option C
Explanation: The Central Government has decided to repeal Article 370 of the Constitution (except for Article 370 (1)) which grants special status to Jammu & Kashmir. It has also been decided to bifurcate the state into two Union territories comprising of Jammu and Kashmir, which will have a legislature, and Ladakh, which will be without a legislature.
- Who has been appointed as the interim CEO of HSBC Bank?
A) Bill Winters
B) Richard Fairbank
C) Jose Antonio Alvarez
D) Noel Quinn
View answer
Option D
Explanation: HSBC Bank has announced the departure of its CEO, John Flint from the post saying the bank needed a change at the top to address “a challenging global environment”. Noel Quinn, 57, the head of Global Commercial Banking unit at HSBC will hold the role of interim CEO till a permanent CEO is chosen.
- Which city will host the 2019 Regional Conference on Good Governance?
A) Ahmedabad
B) Jaipur
C) Indore
D) New Delhi
View answer
Option B
Explanation: The Department of Administrative Reforms & Public Grievances (DARPG) will organize the Regional Conference on Good Governance in Jaipur, Rajasthan on 14th-15th November 2019. The theme of the event is “Strengthening State Institutes of Public Administration”.
- Which company has launched the foreign exchange trading platform FX-Retail for its retail participants?
A) Clearcorp Dealing Systems India Limited
B) Guaranty Clearing Corporation
C) Legal Entity Identifier India Limited
D) Onexchange Clearing Corporation
View answer
Option A
Explanation: Clearcorp Dealing Systems India Ltd (Clearcorp) has launched its forex trading platform, FX-Retail, for the customers of banks on August 05, 2019. ClearCorp is a wholly-owned subsidiary of Clearing Corporation of India Ltd (CCIL). This will provide the customers of the bank (MSMEs and Individuals) direct access to the market who has a need to purchase or sell US Dollar against the Rupee for delivery. The size of a single transaction is not allowed to exceed $5 million.
- Which among the following is the world’s first fully digital trade finance bank?
A) Unity Trade Bank
B) British Commonwealth Trade Bank
C) Anglo-Gulf Trade Bank
D) Dubai Trade Bank
View answer
Option C
Explanation: Microsoft and Publicis Sapient have partnered with Anglo-Gulf Trade Bank (AGTB) to launch the world’s first end-to-end digital trade finance bank. AGTB is headquartered in Abu Dhabi, UAE. This has made AGTB the very first trade bank that is fully digital from the outset. Trade finance represents the financial instruments and products that are used by companies to facilitate international trade and commerce.
- Name the Indian wrestlers to claim gold in 53 kg event at Poland Open 2019?
A) Kavita Devi
B) Vinesh Phogat
C) Sakshi Malik
D) Babita Kumari
View answer
Option B
Explanation: Vinesh Phogat has won a Gold Medal in the 53 kg category of Poland Open wrestling tournament held in Warsaw. She defeated wrestler Roksana 3-2. This is her third consecutive gold.
- The August 2019 subscription of the Sovereign Gold Bonds 2019-20 is which series of the bond?
A) III
B) II
C) IV
D) VI
View answer
Option A
Explanation: The Sovereign Gold Bonds 2019-20 (Series III) has been opened for subscription from August 5 to August 9, 2019.
- Where is the headquarter of Anglo-Gulf Trade Bank located?
A) Doha, Qatar
B) Manama, Bahrain
C) Abu Dhabi, UAE
D) Kuwait
View answer
Option C
Explanation: AGTB is headquartered in Abu Dhabi, UAE.
- The Kosi-Mechi river interlinking project has been approved in which state?
A) Gujarat
B) Uttar Pradesh
C) Madhya Pradesh
D) Bihar
View answer
Option D
Explanation: The project will prevent recurring floods in north Bihar and also irrigate over 2.14 lakh hectares of cultivable land in Bihar.
