Current Affairs Quiz || 10 – 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. Who among the following was awarded the inaugural Meryl Streep Award for Excellence at the first Women in Film and Television (WIFT) India Award function?
a) Aishwarya Rai    
b) Priyanka Chopra
c) Deepika Padukone        
d) Sri Devi    
e) Rekha       
Explanation:
Aishwarya Rai Bachchan was awarded the inaugural Meryl Streep Award for Excellence at the first Women in Film and Television (WIFT) India Award function in the USA. It is established to honor the best female talent in Bollywood and Hollywood. WIFT India is part of WIFT International, a network which promotes professional development and achievement for women in the film industry, video, and other screen-based media.

2. Novak Djokovic won the US Open, 2018 men title recently by defeating _______ in the finals.
a) Rafael Nadal       
b) Roger Federer    
c) Juan Martin del Potro  
d) Alexander Zverev          
e) Phil Mickelson    
Explanation:
Novak Djokovic won the US Open, 2018 men title by beating Juan Martin del Potro 6-3, 7-6, 6-3 to win the US Open for the third time. He took his career tally of Grand Slam titles to 14, equalling Pete Sampras’ career total.

3. Satrughna Pandav was recently honored with the 39th edition of the Sarala Puraskar. He is a noted poet in which language?
a) Odia         
b) Marathi   
c) Hindi         
d) Maithili    
e) Gujarati   
Explanation:
Noted Odia poet Satrughna Pandav bagged the 39th edition of the Sarala Puraskar for his work “Misra Dhrupad”. Pandeet Umesh Chandra Kar was awarded Ila Panda Sangeet Samman and Binod Moharana received Ila Panda Chitrakala Samman.

4. Which of the following countries recently celebrated its 70th anniversary as a nation which has not use ballistic missiles?
a) Russia       
b) China        
c) France      
d) Israel        
e) North Korea       
Explanation:
North Korea staged a huge military parade that focussed on peace and development to mark its 70th anniversary as a nation but refrained from displaying its most advanced missiles. It featured armored personnel carriers, multiple rocket launchers

5. Recently, a 2,000-foot-long unmanned structure floating boom was designed to collect plastic debris from which ocean?
a) Atlantic Ocean   
b) Pacific Ocean     
c) Arctic Ocean       
d) Southern Ocean
e) Indian Ocean      
Explanation:
A 2,000-foot-long unmanned structure floating boom was designed to corral plastic debris littering the Pacific Ocean. It was deployed from San Francisco Bay as part of an ambitious undertaking. It hopes to clean half of the Great Pacific Garbage Patch.

6. Antrix, ISRO’s commercial arm is building SSLV to offer affordable launch options in India. What does the first ‘S’ stand for in SSLV?
a) Space       
b) Solar         
c) Single        
d) Small        
e) Soft           
Explanation:
According to Antrix, ISRO’s commercial arm, the Small Satellite Launch Vehicle (SSLV), being built by ISRO, will offer affordable launch options in India and help boost revenues. SSLV is meant exclusively for small satellites such as nanosats and CubeSats.

7. Arpinder Singh is an Indian sports person who was recently in the news. He is associated with which sport?
a) Discus Throw      
b) Javelin Throw     
c) Long Jump           
d) Triple Jump        
e) High Jump           
Explanation:
Arpinder Singh created history in the triple jump event at the IAAF Continental Cup held in Ostrava, the Czech Republic, by becoming the first Indian to win a medal. The IAAF Continental Cup is being competed in 37 events in men and women sections.

8. Who among the following recently acquired JP Morgan’s real estate fund management platform in India?
a) Helion Venture Partners          
b) Accel Partners    
c) Apollo Global Management  
d) Blume Ventures 
e) Sequoia Capital India    
Explanation:
Apollo Global Management has acquired global financial services major JP Morgan’s real estate fund management platform in India. The platform comprises two funds of vintage 2007 and 2014 with aggregate assets under management of about $300 million.

9. ICRA has recently downgraded the ratings of loans and debentures of Infrastructure Leasing & Financial Services (IL& FS) to Junk Status. IL& FS now has _____ ratings.
a) AA
b) A
c) B
d) BB
e) BBB
Explanation:
Rating agency ICRA has brought a multi-notch rating downgrade for Infrastructure Leasing & Financial Services (IL& FS), which is facing liquidity pressure and overleverage. Its loans and debentures now carry “BB” (junk or non-investment status) as against the previous rating of AA. ICRA ratings have – AAA, AA, A, BBB, BB, B, C, D (with ‘+’ and ‘-‘ status).

10. National Thermal Power Corporation Limited (NTPC) board has recently approved an investment of ₹9,785 for the expansion of which thermal power plant?
a) Sasan Ultra Mega Power Project      
b) Mundra Thermal Power Station        
c) Talcher thermal power plant
d) Tirora Thermal Power Station
e) Sipat Thermal Power Plant     
Explanation:
National Thermal Power Corporation Limited (NTPC) board has approved an investment of ₹9,785 crore for the 1,320 MW Stage-III expansion of Talcher thermal power plant situated in Angul district of Odisha. It is one of the top performing power stations.

11. Which of the following is a new private sector bank, i.e. a bank which came after RBI’s new guidelines on private Banks in 1993?
a) ING Vysya Bank 
b) Lakshmi Vilas Bank       
c) Catholic Syrian Bank     
d) Development Credit Bank     
e) All of the above are old Private Banks          
Explanation:
There are two types of scheduled commercial (private sector) banks in India viz. Old Private Sector Banks and New Private Sector Banks. There are 13 old private sector banks. The new private sector banks were incorporated as per the revised guidelines issued by the RBI regarding the entry of private sector banks in 1993. Example-Axis Bank, Development Credit Bank (DCB Bank Ltd), HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, Yes Bank.

12. The African Union (AU) is a continental union consisting of all 55 countries. The headquarters of African Union is situated in which city?
a) Pretoria   
b) Abuja       
c) Antananarivo      
d) Addis Ababa       
e) Algiers      
Explanation:
The African Union (AU) is a continental union consisting of all 55 countries on the Continent of Africa. The main administrative capital of the African Union is in Addis Ababa, Ethiopia, where the African Union Commission is headquartered.