CURRENT AFFAIRS QUIZ-1

                            CURRENT AFFAIRS-1

Q1- The central govt is set to save over Rs 10,000 cr in petroleum subsidy due to the successful rollout of the modified direct benefits transfer (DBT) scheme. The DBT scheme for liquefied petroleum gas (LPG) is named

• Pratham
• Pahal(Ans.)
• Prayas
• Pahchan
• None of these

Q2- The Essel Group has formed a 50:50 joint venture (JV) with which of the following state govt s to setup solar parks which will facilitate an investment of Rs 4,000 cr?

• Madhya Pradesh
• Rajasthan(Ans.)
• Karnataka
• Himachal Pradesh
• None of these

Q3- Adani Power and Reliance Power have signed separate Molls with which of the following countries, recently, to set up power utilities of 1,600 Mw and 3,000 Mw respectively there?

• Sri Lanka
• Myanmar
• Nepal
• Bangladesh(Ans.)
• None of these

Q4- During PM NarendraModi’s recent visit Bangladesh offered 2 SEZs to Indian companies to be set up in which of the following places?

• Bheramara and Mongla(Ans.)
• Syihet and Khuina
• DhaKa and Chittagong
• Chittagong and Sylhet
• None of these

Q5-The Reserve Bank of India (RBl) on 8 Jun allowed banks to acquire _or more stake in companies defaulting after restructuring of their loans under certain condition?

• 26 percent
• 49 percent
• 51 percent(Ans.)
• 74 percent
• None of these

Q6- The HDFC, the largest mortgage lender in the country, has announced to raise funds by secured redeemable NCDs and warrants. Here, the term NCD stands for

• Non-Convertible Debt
• Non-Convertible Deductibles
• Non-Convertible Derivatives
• Non-Convertible Debentures(Ans.)
• None of these

Q7- Which of the following software exporters of India has launched a product, BaNCS Digital, to cater specifically for American retail banks to help them get more digital?

• Infosys
• TCS(Ans.)
• Wipro
• HCL
• None of these

Q8- Which of the following international banks has announced to cut up to 50,000 jobs from its payroll and slash investment banking in an effort to improve its sluggish performance?

• Citi Bank
• Standard Chartered
• HSBC(Ans.)
• Morgan Stanley
• None of these

Q9- MK Sharma has been appointed as the non-executive Chairman of which of the following private sector banks in India?

• HDFC Bank
• Axis Bank
• ICICIBank(Ans.)
• Federal Bank
• None of these

Q10- The Union Cabinet on 10 Jun cleared the signing of a motor vehicles pact with three nations of the South Asian Association for Regional Cooperation(Saarc) grouping. These Three nations are

• Pakistan, Bangladesh and Nepal
• Bhutan, Pakistan and Nepal
• Bhutan, Nepal and Bangladesh(Ans.)
• Pakistan, Afghanistan and Bangladesh
• None of these

Q11- The govt will provide soft loans of what amount to sugar mills to help them clear part of their Rs 21,000-cr dues to farmers.

• Rs 5,000 cr
• Rs6,000cr(Ans.)
• Rs8,000cr
• Rs 12,000 cr
• None of these

Q12- As per the latest Global Economic Prospects (GEP) report of the World Bank, India is set to surpass China and for the first time is leading the WB’s growth chart of major economies with an expected growth rate of in FY16.

• 7.1 percent
• 7.5 percent(Ans.)
• 7.8 percent
• 8.1 percent
• None of these

Q13- Who among the following is the only Indian sportsman (ranked 23rd) in Forces magazine’s 100 highest-paid athletes in the world list?

• Sachin Tendulkar
• Yuvraj Singh
• Mahendra Singh Dhoni(Ans.)
• ViratKohli
• None of these

Q14- The African leaders on 10 Jun Signed a 26-nation free trade pact to create a common market that would span half the continent from Cairo to Cape Town. Name the agreement.

• Tripartite Free Trade Area (TFTA)(Ans.)
• African Free Trade Area (AFTA)
• Agreed Free Trade Area (AFTA)
• Common Free Trade Area (CFTA)
• None of these

Q15- Who among the following has been appointed Director of the Hyderabad-based CSIR-lndian Institute of Chemical Technology (IICT)?

• Upinder S Bhalla
• D SivanandaPai
• Srivari Chandrasekhar(Ans.)
• PradyutGhosh
• None of these

Quiz Prepared By- Katherine Pierce Ma'am 

Regards,

Classroom Team