Current Affairs Quiz 8 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 8 August 2018
- Name the two government officials recently nominated by the govt to the Central Board of the Reserve Bank of India.
A) Madhu Kishwar & Ram Madhav
B) T.V. Mohandas Pai & Shekhar Gupta
C) Rajiv Malhotra & Hari Hara Raja Sharma
D) Swaminathan Gurumurthy & Satish Kashinath Marathe
View answer
Option D
Explanation: The Centre has appointed Rashtriya Swayamsevak Sangh(RSS)-affiliate Swadeshi Jagaran Manch co-convenor Swaminathan Gurumurthy and businessman Satish Kashinath Marathe to the Central Board of the Reserve Bank of India (RBI). Both are appointed under the Section 8 (1) (c) of the RBI Act, 1934. Under this Directors from various fields and two government Official are nominated by the Central Govt.
- Which bank has launched the unified payment terminal MOPAD?
A) State Bank of India
B) HDFC Bank
C) Kotak Mahindra Bank
D) Punjab National Bank
View answer
Option A
Explanation: State Bank of India (SBI) has launched a Multi Option Payment Acceptance Device (MOPAD) for digital convenience of customers and merchants. The device MOPAD would help merchants eliminate the multiple choices that they keep to facilitate transactions from cards to QR code based payments. MOPAD allows the customer to make payments through “Cards, Bharat QR, UPI and SBI Buddy (e-wallet)” on a single PoS (Point of Sale) terminal.
- Ivan Duque Marquez has been appointed as the new President of which country?
A) Ecuador
B) Paraguay
C) Colombia
D) Panama
View answer
Option C
Explanation: Colombia’s conservative Ivan Duque Marquez took oath as the country’s 60th President, succeeding Juan Manuel Santos, who had been in power since 2010.
- How much amount has been approved by the RBI as surplus to be transferred to the Government of India for year ending June 30, 2018?
A) Rs 25,000 crore
B) Rs 50,000 crore
C) Rs 75,000 crore
D) Rs 90,000 crore
View answer
Option B
Explanation: The Central Board of Directors of the Reserve Bank of India, at its meeting held on August 8, 2018, approved the transfer of surplus amounting to Rs 500 billion for the year ended June 30, 2018 to the Government of India.
- The 3rd India-Nepal Coordination meet was held in which city?
A) Kathmandu
B) Hyderabad
C) Mumbai
D) New Delhi
View answer
Option D
Explanation: The 3rd India-Nepal Coordination meeting was held in New Delhi. A seven-member delegation from Nepal, headed by Inspector General of Nepal Armed Police Force Shailendra Khanal took part in the three-day meeting.
- Recently the GOI has signed a revised MoA with NABARD and National Water Development Agency (NWDA) for funding the irrigation projects under PMKSY. What does K stands for in PMKSY?
A) Krishi
B) Kaushal
C) Khet
D) Kalyan
View answer
Option A
Explanation: A revised Memorandum of Agreement (MoA) has been signed amongst Government of India (through MoWR, RD & GR), NABARD and National Water Development Agency (NWDA) for funding of central share of 99 prioritized irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) through Long Term Irrigation Fund (LTIF).
- Which company has tied up with the PayU India to offer instant personal loans through LazyPay?
A) BSNL
B) Kotak Securities
C) Airtel Money
D) Reliance Money
View answer
Option D
Explanation: PayU India announced entering into a strategic partnership with Reliance Money, to offer instant app based personal loans, via LazyPay. LazyPay is a facility provided by PayU. The loan amount will start from Rs. 100 and will extend up to Rs. 1,00,000 with a duration varying from 15 days to 24 months.
- The mobile App Niryat Mitra has been developed by which organisation?
A) Federation of Indian Chambers of Commerce and Industry
B) Federation of Indian Export Organisations
C) ASSOCHAM
D) Export Credit Guarantee Corporation of India
View answer
Option B
Explanation: Union Minister of Commerce & Industry and Aviation Suresh Prabhu launched a mobile App named Niryat Mitra in New Delhi to promote export interests in the country. The app has been developed by the Federation of Indian Export Organisations (FIEO). It is available both on Android and on IOS platforms.
- Name the winner of the Sahitya Akademi Translation Prize 2017 for Hindi?
A) Sarah Joseph
B) Uday Prakash
C) Pratibha Agrawal
D) Kashi Nath Singh
View answer
Option C
Explanation: The Sahitya Akademi Translation Prize 2017 for Hindi was conferred on veteran scholar-translator Pratibha Agrawal. The Sahitya Akademi awarded her for her Hindi translation of author Sombhu Mitra’s “Abhinay Natak Manch” in the “Rangmunch” genre. The original title is in Bengali.
- NGT has formed a panel to monitor rejuvenation project of Ganga from Haridwar to Unnao. The panel will be headed by former High Court judge of________
A) Bombay
B) Allahabad
C) Delhi
D) Madras
View answer
Option B
Explanation: The National Green Tribunal has constituted a committee, to be headed by a former Allahabad High Court judge, for monitoring the rejuvenation project of Ganga from Haridwar to Unnao in Uttar Pradesh. The green panel has asked CJ of Allahabad HC to nominate a former judge who will head the committee.
- Who has been sworn in as the Director and General Manager of United India Insurance Company?
A) S Gopakumar
B) G. Srinivasan
C) K. Sanath Kumar
D) A V Girija Kumar
View answer
Option A
Explanation: Public sector non-life insurance firm United India Insurance Company has appointed S Gopakumar as its Director and General Manager with immediate effect.
- Which company has topped the ‘India’s Great Mid- Size Workplaces- 2018’?
A) Cactus Communications Pvt. Ltd.
B) Equitas Development Initiatives Trust
C) Piramal Finance Ltd.
D) United Colors Of Benetton India
View answer
Option C
Explanation: Great Place to Work Institute has recognised the 50 Great Mid- Size Workplaces as ‘India’s Great Mid- Size Workplaces- 2018’ from organisations having an employee strength between 100-500. Piramal Finance Ltd. has topped the rating.
