Current Affairs Quiz – 7 September 2018

Current Affairs Quiz 7 September 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 7 September 2018

  1. The maiden edition of the Global Mobility Summit-MOVE was held in which city?
    A) Lucknow

    B) New Delhi
    C) Gurgaon
    D) Mumbai
    View answer
    Option B
    Explanation: Prime Minister Shri Narendra Modi inaugurated India’s first-ever Global Mobility Summit-MOVE at Vigyan Bhawan in New Delhi on September 7, 2018. It has been organised by the government think-tank Niti Aayog.
  2. Which country has signed an implementation agreement with India on MOBILISE YOUR CITY (MYC)?
    A) France

    B) Australia
    C) Germany
    D) Nepal
    View answer
    Option A
    Explanation: 
    India and France have signed an implementation agreement on “MOBILISE YOUR CITY” (MYC) on September 6, 2018. The MYC aims at supporting three pilot cities viz. Nagpur, Kochi and Ahmedabad in their efforts to reduce their Green House Gas (GHG) emissions related to urban transport
  3. Based on the report of NASSCOM, the total worth of India’s e-commerce market is expected to surpass $100 billion by which year?
    A) 2020

    B) 2021
    C) 2022
    D) 2023
    View answer
    Option C
    Explanation: According to the report by industry body Nasscom and PwC India, India’s e-commerce market will surpass $100 billion by 2022. The e-commerce market is worth about USD 35 billion at present.
  4. Who is the newly appointed Managing Director of the State Bank of India?
    A) Sonali Kulkarni

    B) Anshula Kant 
    C) Rekha Menon
    D) Priya Nair
    View answer
    Option B
    Explanation: Anshula Kant has been appointed as the Managing Director of State Bank of India (SBI). The post of MD, SBI fell vacant after the resignation of  B Sriram, who took over as the MD and CEO of IDBI Bank
    .
  5. RBI has amended which of the given rules to notify the new Note Refund rules named Reserve Bank of India (Note Refund) Amendment Rules, 2018?
    A) Reserve Bank of India (Note Refund) Rules, 2001

    B) Reserve Bank of India (Note Refund) Rules, 2005
    C) Reserve Bank of India (Note Refund) Rules, 2007
    D) Reserve Bank of India (Note Refund) Rules, 2009
    View answer
    Option D
    Explanation: The Reserve Bank of India has made amendment in the Reserve Bank of India (Note Refund) Rules, 2009 and the same may be called the Reserve Bank of India (Note Refund) Amendment Rules, 2018. The new Rules covers all the new series bank notes introduced by the RBI. These rules are applicable for refund/exchange of solied and mutilated bank notes.
  6. Which country hosted the first ever G-20 Education Ministers’ Meeting?
    A) Japan

    B) India
    C) Argentina
    D) Brazil
    View answer
    Option C
    Explanation: The Minister of State for Human Resource Development, Dr. Satya Pal Singh lead a high level delegation to the G-20 Education Ministers’ Meeting as well as Joint Ministerial Meeting held at Mendoza, Argentina on 5th & 6th September, 2018.It was the first ever meeting of Education Ministers in the history of G-20.
  7. What is the new monetary limit to file application for recovery of debts in Debts Recovery Tribunals?
    A) Rs 20 lakh

    B) Rs 25 lakh
    C) Rs 30 lakh
    D) Rs 15 lakh
    View answer
    Option A
    Explanation: The Central government has raised the monetary limit from Rs 10 lakh to Rs 20 lakh for filing application for recovery of debts in the Debts Recovery Tribunals by such banks and financial institutions 
  8. Who is the author of the book titled The Rule Breakers?
    A) Sudeep Nagarkar

    B) Nikita Singh
    C) Durjoy Datta
    D) Preeti Shenoy
    View answer
    Option D
    Explanation: Forbes-nominated author Preeti Shenoy will be coming out with a new book, “The Rule Breakers”, later this month.
  9. Who has been appointed as the President of the Society of Indian Automobile Manufacturers (SIAM) recently?
    A) Brijmohan Lall Munjal

    B) Rajan Wadhera
    C) Guenter Butschek
    D) Rajiv Bajaj
    View answer
    Option B
    Explanation: The automobile industry Society of Indian Automobile Manufacturers (SIAM) has elected Rajan Wadhera as its new President. He is the President of Mahindra and Mahindra. 
  10. Who has been named to be felicitated with the Human Rights Campaign (HRC) National Equality Award to be given on September 15?
    A) Anne Hathaway

    B) Amanda Seyfried
    C) Natalie Portman
    D) Emily Blunt
    View answer
    Option A
    Explanation: Hollywood star Anne Hathaway is set to be honoured with the Human Rights Campaign (HRC) National Equality Award. She will be given the prestigious honour in recognition of her continued charity work, particularly with women and the LGBTQ community.
  11. 82 years old Burt Reynolds who passed away recently was a well known _____________
    A) Journalist

    B) Author
    C) Actor
    D) Scientist
    View answer
    Option C
    Explanation: Renowned Hollywood actor Burt Reynolds passed away in the US. He was 82. He shot to fame in 1972’s Hollywood film ‘Deliverance’
    .
  12. Which among the given brands has topped the 2018 BrandZ Top 75 Most Valuable Indian Brands?
    A) Zee TV

    B) TCS
    C) LIC
    D) HDFC Bank
    View answer
    Option D
    Explanation:
     HDFC Bank retained its top spot in the BrandZ India Top 75 for the fifth year in a row, growing its brand value by 21 per cent to USD 21.7 billion in 2018.As per the  BrandZ Most Valuable Indian Brands report LIC comes in at the second spot (USD 19.8 billion), while Tata Consultancy Services is ranked third
    .
  13. The bank notes may be refunded/exchanged as per which section of RBI Act 1934?
    A) Section 28

    B) Section 12
    C) Section 6
    D) Section 20
    View answer
    Option A
    Explanation: The bank notes may be refunded/exchanged as per Section 28 of RBI Act 1934.
  14. How many Debts Recovery Tribunals (DRT) are there in India?
    A) 42

    B) 39
    C) 27
    D) 50
    View answer
    Option B
    Explanation: There are 39 DRTs in the country.
  15. Name the player who has been named as the permanent captain of the Brazil national football team?
    A) Douglas Costa

    B) Roberto Firmino
    C) Neymar
    D) Andreas Pereira
    View answer
    Option C

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