Current Affairs Quiz || 09 – 09 – 2018

Mentor for Bank Exams

Dear Asirants,
Welcome to Mentor for Bank Exams. Here is the Current Affairs Quiz to help you practice with the best of latest pattern questions for the upcoming IBPS PO, IBPS Clerk and other bank and Insurance Exams.
1. The first-ever meeting of Education Ministers in the history of G-20 was held recently in ____________
a) Peru          
b) Chile         
c) Argentina
d) Venezuela           
e) Brazil
Explanation:
The Minister of State for Human Resource Development, Dr. Satya Pal Singh attended a G-20 Education Ministers’ Meeting held at Mendoza, Argentina. It was the first ever meeting of Education Ministers in the history of G-20. G20 has 19-member states and European Union

2. India and France recently signed an agreement on “MOBILISE YOUR CITY” (MYC) programme in India. Which of the cities is NOT a pilot city under it?
a) Amaravati
b) Nagpur    
c) Surat         
d) Both 1 and 2      
e) Both 1 and 3
Explanation:
India and France signed an agreement on “MOBILISE YOUR CITY” (MYC). It is a part of an international initiative supported by France and Germany. EU has agreed to provide funds of Euro 3.5 million for it. Nagpur, Kochi and Ahmedabad are 3 pilot cities. MYC was launched at 21st Conference of Parties (COP21).

3. What is the theme of the recently conducted 6th International Geriatric Orthopaedic Society of India Conference?
a) Working into older age; changes in productivity; attracting and managing an older workforce     
b) Increased Longevity with Reduced Fragility and Enhanced Mobility
c) Age-friendly design for accessibility— initiatives for the public built environment, houses and retirement and care facilities      
d) Community programs for maintaining physical health, social wellbeing, and mental cognition into older age     
e) Medications, dietary supplements and regulatory oversight
Explanation:
Rajnath Singh inaugurated the 6th International Geriatric Orthopaedic Society of India Conference on the theme “Increased Longevity with Reduced Fragility and Enhanced Mobility”. Elderly population in India is expected to be 30 crore by 2050.

4. A powerful typhoon _______ has hit Japan which is the strongest storm in 25 years.
a) Typhoon Nona   
b) Typhoon Yolanda          
c) Typhoon Urduja 
d) Typhoon Jebi     
e) Typhoon Zeny
Explanation:
A powerful typhoon Jebi has slammed into western Japan. It comes soon after parts of Japan were hit by torrential rains in July that killed more than 200 people. The storm is the strongest to hit the country in 25 years. A typhoon is Japan's version of a hurricane.

5. Who among the following defeated Serena Williams in women’s US Open final?
a) Naomi Osaka      
b) Shuko Aoyama   
c) Rika Fujiwara      
d) Nao Hibino          
e) Miyabi Inoue
Explanation:
Naomi Osaka defeated Serena Williams in straight sets and won the women’s final of the United States Open. She became first Japan born woman to win a Grand Slam final. Grand Slam tournaments are 4 most important annual tennis events.

6. The World Summit on Accreditation (WOSA-2018) was recently inaugurated. Which of the following is NOT correct about it?
a) It was held in New Delhi          
b) It is a biennial Summit organised by National Board of Accreditation-NBA
c) Quality Assurance through Outcome Based Accreditation.     
d) This is the 4th World Summit on Accreditation     
e) All of the above are true
Explanation:
Prakash Javadekar inaugurated 4th World Summit on Accreditation (WOSA-2018) at New Delhi. It is a biennial Summit organised by National Board of Accreditation-NBA. Theme - “Challenges And Opportunities In Outcome Based Accreditation”. NBA is an autonomous organisation under HRD Ministry. NBA has already organised three Summits in 2012, 2014 and 2016. The theme of WOSA 2016 was “Quality Assurance through Outcome Based Accreditation”.

7. Walmart's acquisition of 77% stake in Flipkart has made the income tax department richer by around __________
a) Rs 1,000 crore   
b) Rs 5,000 crore     
c) Rs 10,000 crore 
d) Rs 15,000 crore 
e) Rs 20,000 crore
Explanation:
Walmart's acquisition of 77% stake in Flipkart has made the income tax department richer by over Rs 10,000 crore. The payment by Walmart brings to an end the uncertainty regarding tax dues related to the $16-billion transaction. Walmart is a US-based company founded by Sam Walton in 1962.

8. Axis Bank has recently appointed Amitabh Chaudhry as its MD & CEO. He was previously associated with ______
a) Bajaj Allianz Life Insurance     
b) Birla Sun Life Insurance           
c) Exide Life Insurance      
d) HDFC Standard Life Insurance          
e) ICICI Prudential Life Insurance
Explanation:
Axis Bank has appointed Amitabh Chaudhry as its MD & CEO from January 1, 2019, for a period of three years. He is the MD & CEO of HDFC Standard Life Insurance Company at present. Shikha Sharma is the current MD and CEO of Axis Bank.

9. The government has appointed a new panel to select next chief economic adviser – CEA of India. Who among the following is not a member of the panel?
a) C Chandramouli 
b) Viral Acharya     
c) Bimal Jalan          
d) Subhash Chandra Garg
e) All of the above are members of that panel
Explanation:
The government has appointed a panel under former RBI governor Bimal Jalan to select the next chief economic adviser CEA in the finance ministry. C Chandramouli and Subhash Chandra Garg are other members of the panel. The CEA is under the direct charge of the Minister of Finance

10. Anshula Kant has recently been appointed as Managing Director of SBI by the government. With her appointment, SBI now has how many MDs?
a) 6    
b) 3    
c) 5    
d) 2    
e) 4
Explanation:
State Bank of India said the Government has appointed Anshula Kant as Managing Director of the Bank. Prior to this appointment, Kant was the bank's Deputy Managing Director. With this appointment, SBI now has four MDs - PK Gupta, DK Khara and Arijit Basu. SBI has a 23% market share in assets, 25% loan and deposits market

11. Which of the following negotiable instruments other than Cheques can be crossed?
a) Bill of Exchange 
b) Demand Draft   
c) Promissory Notes          
d) Both 1 and 2      
e) Both 2 and 3
Explanation:
A crossing is applicable in the case of cheques and demand drafts only and not in case of Bill of Exchange or promissory notes.

12. 'Dollu Kunitha’ is a popular folk-dance form which state?
a) Karnataka           
b) Tamil Nadu         
c) Kerala       
d) Odisha     
e) Andhra Pradesh
Explanation:
Dollu Kunitha (dance), is a major popular drum dance of Karnataka. Other important dances of Karnataka are – Yakshagana, Veeragase, Bayalata dance.