Daily Current Affairs Quiz: July 8th 2016

Dear Readers,
Welcome to the Daily Current Affairs Quiz Section. Here I am presenting all the current happenings of the day in the form of Quiz with detailed explanation. This will be helpful for your upcoming exams as well to boost your general knowledge!!!

1. PM Modi holds talks with South African President in Pretoria to boost bilateral ties. Who is the President of South Africa?
a) Salva Kirr Mayardit
b) James Michel
c) Macky Sall
d) Jacob Juma
e) None of these
2. Which is the capital of Mozambique?
a) Maputo
b) Warsaw
c) Madrid
d) Ramallah
e) None of these
3. Name the largest annual international industrial trade fair of Russia.
a) RNNOPROM
b) ANNOPROM
c) INNOPROM
d) PNNOPROM
e) None of these
4. India has set up an apparel training centre in which among the following countries to support textiles industry of the West African country?
a) Niger
b) Nigeria
c) Ghana
d) Burkina Faso
e) Liberia
5. Under the 'Clean UP, Green UP' initiative, which state government has announced to plant a record five crore saplings across the state on July 11.
a) Andhra Pradesh
b) Arunachal Pradesh
c) Himachal Pradesh
d) Madhya Pradesh
e) Uttar Pradesh
6. Haritha Haram a flagship programme to increase the present 24% tree cover in the State to 33% of the total geographical area of which among the following states?
a) Andhra Pradesh
b) Telangana
c) Tamil Nadu
d) Karnataka
e) Kerala
7. India’s first Centre of Excellence on Internet of Things is set to launch in which among the following Indian cities?
a) Mumbai
b) Pune
c) New Delhi
d) Bangalore
e) Hyderabad
8. Which of the following Indian state conduct a ‘Smart Pulse Survey’ for collecting socio-economic data of 1.48 crore households in the state on July 8?
a) Tamil Nadu
b) Kerala
c) Andhra Pradesh
d) Telangana
e) Karnataka
9. Which among the following Indian states has emerged the surprise leader of the ease of doing business ranking as per the position on the last day of submission of evidences of reforms by states?
a) Uttarakhand
b) Telangana
c) Odisha
d) Jharkhand
e) West Bengal
10. Who inaugurates the second anti-drug working group meeting of heads of Drug Control Agencies of BRICS countries?
a) Pranab Mukarjee
b) Narendra Modi
c) Arun Jaitely
d) Prakash Javadekar
e) Rajnath Singh
11. Maharashtra government inducted 10 ministers into the state Council while promoting one existing minister to the Cabinet rank. Who is the Chief Minister of Maharashtra?
a) Shri Sivaraj Singh Chouhan
b) Devendra Fernandes
c) Okaram Ibobi Singh
d) Mukul Sangam
e) Lal Thanthawla
12. NATO Summit begins in
a) Vienna, Austria
b) Budapest, Hungary
c) Milan, Italy
d) Warsaw, Poland
e) None of these
13. Which countries President signed the controversial “anti-terrorist” legislation dubbed “Big Brother”?
a) Poland
b) USA
c) Turkmenistan
d) Paraguay
e) Russia
14. Which countries government pays a grant of about $120 to every student in the age group 16-20 years to attend secondary school classes?
a) Hungary
b) Iceland
c) Sweden
d) Netherlands
e) Austria
15. Ramraje Naik Nimbalkar re-elected unopposed as the chairman of ______ Legislative Council.
a) Maharashtra
b) Mizoram
c) Madhya Pradesh
d) Meghalaya
e) Manipur
16. Home First Finance Company is looking to sell 30% stake for Rs 250 crore to fund operations. The company provides loans of upto ____ lakh rupees, to firsthome buyers.
a) Rs.25 lakh
b) Rs.30 lakh
c) Rs.35 lakh
d) Rs.40 lakh
e) None of these
17. Name the private sector lender bank that has launched an SME Bank.
a) ICICI Bank
b) Axis Bank
c) HDFC Bank
d) Kotak Mahindra Bank
e) None of these
18. Which among the following companies has topped the initial public offering (IPO) league table in the first half of 2016?
a) Kotak Securities
b) HDFC Securities
c) Reliance Securities
d) ICICI Securities
e) None of these
19. Lidudumalingani Mqombothi won the 17th edition of prestigious Caine Prize 2016 for his short story Memories We Lost. He belongs to which nation?
a) Liberia
b) South Africa
c) Zimbabwe
d) Kenya
e) South Korea
20. Name the Veteran music director who had passed away at the age of 77 on July 7, 2016.
a) Ravindra Jain
b) V. Dakshinamoorthy
c) Master Sonik
d) Om Prakash Sonik
e) None of these

Answers and Explanations:

1. D) Explanation: The one to one talk between the Prime Minister NarendraModi and South African President Jacob Juma is being held in the Union Building, the Presidential Office of South Africa in Pretoria. Agreements on economic ties, Technology transfer and civil aviation are likely to be signed.
2. A) Explanation: India and Mozambique signed three Memoranda of Understanding (MoU) in areas of drug trafficking, pulse trading and sports. These MoUs were signed between two countries at Maputo, Mozambique.
3. C) Explanation: Commerce and Industry Minister Nirmala Sitharaman will lead a delegation of over 110 Indian companies that will showcase their engineering prowess at a trade fair “INNOPROM 2016” of Russia.
4. B) Explanation: India has set up an apparel training centre in Nigeria to support textiles industry of the West African country. This is a first of its kind centre in Nigeria, set up in partnership with their government. Nigeria is an important trading partner of India.
5. E) Explanation: Of these, 6.7 lakh saplings will be planted in Agra alone. Last year, the state had entered the Guinness Book of World Records for planting 10 lakh saplings within a span of eight hours.
6. B) Explanation: The second phase of Haritha Haram programme of Telangana government was launched in the state. Chief Minister Chandrasekhar Rao participated in the plantation programme at Gundrampalli near Chityal in Nalgonda district by planting a Neem sapling.
7. D) Explanation: The National Association of Software and Services Companies (NASSCOM) unveiled India’s first Centre of Excellence focused on Internet of Things (CoE- IoT) at its Startup Warehouse in Bengaluru.
8. C) Explanation: Andhra Pradesh government will conduct a 'Smart Pulse Survey' for collecting socio-economic data of 1.48 crore households in the state. The State Cabinet decided to conduct the survey to determine the socio-economic status and collect all other relevant details of each household in the state.
9. A) Explanation: Uttarakhand has emerged the surprise leader of the ease of doing business ranking as per the position on the last day of submission of evidences of reforms by states.
10. E) Explanation: Union Home Minister Rajnath Singh inaugurates the second anti-drug working group meeting of heads of Drug Control Agencies of BRICS countries. The meeting is being organised by the Narcotics Control Bureau (NCB) of India. India will host the 8th BRICS summit in October 2016 in Goa
11. B) Explanation: DevendraFadnavis-led Maharashtra government inducted 10 ministers into the state Council while promoting one existing minister to the Cabinet rank. Of the 10, six belonged to the ruling BJP, two to ally Shiv Sena, and one each to the
12. D) Explanation: The NATO summit begins today in Warsaw, Poland. In the two day Summit, the leaders of the 28 NATO Allies and many partner nations will deliberate and take decisions to enhance the Alliance’s security by strengthening its deterrence and defence, and projecting stability beyond its borders.
13. E) Explanation: Russian President Vladimir Putin signed the “anti-terrorist” legislation adopted by the lower and upper houses of parliament in June 2016. This anti-terror amendment is dubbed as Big Brother by US intelligence contractor turned privacy activist Edward Snowden.
14. C) The Swedish government pays a grant of about $120 to every student in the age group 16-20 years to attend secondary school classes.
15. A) Explanation: Current Chairman of Maharashtra Legislative Council and NCP leader, Ramraje Naik Nimbalkar was re-elected unopposed as the chairman of Maharashtra Legislative Council ,during a special one-day session convened at the VidhanBhavan.
16. B) Explanation: Mumbai-based private lender Home First Finance Company is looking to sell 30% stake for Rs 250 crore to fund operations, valuing the company at Rs 850 crore. Founded by former Mphasis chairman JaithirthRao and Bank of Baroda managing director PS Jayakumar, the Mumbai-based company provides loans of Rs 1-30 lakh, mostly to firsthome buyers.
17. C) The private sector lender HDFC Bank has launched an SME Bank which will provide full-fledged digital banking service to small and medium sector enterprises. There are over 3.6 crore SMEs in the country which contribute over 8% to India’s GDP.
18. D) Explanation: ICICI Securities has topped the initial public offering (IPO) league table in the first half of 2016. Kotak Investment Banking, which was in pole position last year, is currently second, with four deals worth Rs 1,036 crore.
19. B) Explanation: South African writer, filmmaker and photographer LidudumalinganiMqombothi won the 17th edition of prestigious Caine Prize 2016 for his short story Memories We Lost. With this, Lidudumalingani was awarded with 10000 Euros and a month at Georgetown University in the US as a writer-in-residence.
20. D) Explanation: Noted music director Om PrakashSonik, also known as Omi, part of the Sonik-Omi duo, died in Mumbai. He was 77. Sonik–Omi was an Indian composer working in duo consisting of Master Sonik (a blind music director) and his nephew Omi.

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