Current Affairs Quiz 15 June 2017

Current Affairs Quiz 15 June 2017. This Quiz is divided into two parts. First part contains questions from Current Affairs of  14 June 2017. The Second Part contains Current Affairs Questions from various newspaper of today i.e 15 June 2017. Read our Current Affairs and Newspaper daily to excel in General Awareness section of competitive exam.

Quiz from Current Affairs 14 June 2017 of A2Z – Click Here to Read Current Affairs of June 14, 2017

1. As per the Code Compliance Rating of banks done by the Banking Codes and Standards Board of India (BCSBI) 2017 how many public sector banks got ‘high’ rating for their adherence to code compliance?
   A) 1
   B) 2
   C) 3
   D) 4
   
   View Answer

   Option A
   Explanation: One
2. As per the Code Compliance Rating of banks done by the Banking Codes and Standards Board of India (BCSBI) 2017, which was the only PucbliC Sector bank that got ‘high’ rating for adherence to code compliance?
   A) UCO Bank
   B) Bank of India
   C) IDBI Bank
   D) Punjab National Bank
   
   View Answer

   Option C
   
3. As per the Code Compliance Rating of banks done by the Banking Codes and Standards Board of India (BCSBI) 2017 how many private sector banks (out of 17 surveyed) got ‘high’ rating for their adherence to code compliance?
   A) 5
   B) 6
   C) 7
   D) 8
   
   View Answer

   Option D
   Explanation: The eight private sector banks that got ‘high’ rating are — Axis Bank, DCB Bank, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank and YES Bank.
   The three foreign banks — Citibank, HSBC and Standard Chartered Bank — that were surveyed got ‘high’ ranking.
4. What rating did IDBI Bank get by Banking Codes and Standards Board of India (BCSBI) for their adherence to code compliance?
   A) High (H)
   B) Average (A)
   C) Above Average (AA)
   D) Low (L)
   
   View Answer

   Option A
   Explanation: High (H)
5. Which bank has partnered with TerraPay for faster international remittance?
   A) HDFC Bank
   B) Axis Bank
   C) Yes Bank
   D) ICICI Bank
   
   View Answer

   Option C
   Explanation: Private sector lender Yes Bank has partnered with mobile payments switch TerraPay to enable real time money transfer to bank accounts in India. Powered by TerraPay’s global clearing and settlement service, the partnership will make it faster and convenient for consumers to send money to any bank account.
6. Recently IRDAI has taken over the administration of which insurance company, a first of its kind move in the insurance sector?
   A) IndiaFirst Life Insurance Company
   B) Sahara India Life Insurance
   C) Exide Life Insurance
   D) Bajaj Allianz Life Insurance
   
   View Answer

   Option B
   Explanation: The Insurance Regulatory and Development Authority of India (IRDAI) has taken over the administration of Sahara India Life Insurance, a first of its kind move in the insurance sector.
7. Who has been named as the administrator by IRDAI for Sahara India Life Insurance?
   A) AK Jha
   B) SK Sinha
   C) SK Singh
   D) RK Sharma
   
   View Answer

   Option D
   Explanation: RK Sharma, General Manager, IRDAI, has been named as the administrator to manage the affairs of the insurer.
8. The current board of Sahara India Life is headed by Chairman _______.
   A) OP Srivastava
   B) Sanjay Agarwal
   C) Subrata Roy
   D) Sujoy Ghosh
   
   View Answer

   Option A
   Explanation: The current board of Sahara India Life is headed by Chairman OP Srivastava. Sanjay Agarwal is whole-time director and CEO. It is promoted by Sahara Pariwar Group headed by Subrata Roy.
9. RK Sharma who has been appointed the administrator of Sahara India Life Insurance by IRDAI will act as per the powers and duties and applicable provisions under the ______________.
   A) Life Insurance Companies Act, 1912
   B) Life Insurance Corporation Act, 1956
   C) Insurance Act, 1938
   D) GIBNA, 1972
   
   View Answer

   Option C
   Explanation: The administrator will act as per the powers and duties and applicable provisions under the Insurance Act, 1938 and manage the business with the greatest economy, compatible with efficiency and regular reporting to the regulator, the order states.
   
10. What amount has Government of India approved for interest subvention scheme for farmers for FY18?
    A) Rs. 21,339 crore
    B) Rs. 20,339 crore
    C) Rs. 22,339 crore
    D) Rs. 19,339 crore
    
    View Answer

    Option B
    Explanation: The interest subvention will be given to Public Sector Banks (PSBs), Private Sector Banks, Cooperative Banks and Regional Rural Banks (RRBs) on use of own funds and to NABARD for refinance to RRBs and Cooperative Banks. The Interest Subvention Scheme will continue for one year and it will be implemented by NABARD and RBI.
11. Government of India has earmarked a sum of Rs. 20,339 crore for Interest Subvention Scheme (ISS) for farmers for the year 2017-18. Under this farmer can get short term crop loan up to _______ payable within one year at only _______ per annum in case of prompt payment.
    A) Rs 2 lakh, 5%
    B) Rs 2 lakh, 5%
    C) Rs 3 lakh, 4%
    D) Rs 3 lakh, 5%
    
    View Answer

    Option C
    Explanation: Points to remember: (i) Applicable for short term crop loans up to Rs 3 lakh
    (ii) Interest subvention provided is- 5%; however the actual interest rate is 9%, after this 5% ISS the interest rate payable is only 9-5=4%. This is in case of prompt payment i.e timely payment. In case the repayment is not done timely, only 2% Interest Subvention will be provided i.e 9-2=7%. So interest rate applicable will be 7% in this case
12. What is the Wholesale Price Inflation for May 2017?
    A) 3.85 %
    B) 2.17 %
    C) 3.17%
    D) 2.85%
    
    View Answer

    Option B
    Explanation: India’s annual rate of inflation based on wholesale prices decelerated further in May 2017 to 2.17 per cent from 3.85 per cent in April.
13. Anuyatra campaign has been launched in which state?
    A) Thiruvananthapuram
    B) Visakhapatnam
    C) Hyderabad
    D) Vijayawada
    
    View Answer

    Option A
    Explanation: A group of differently-abled children who received special training in magic, have become brand ambassadors of Anuyatra, a campaign of the state government for persons with special needs
14. Delhi will become the ___ city in India to host Human Library event.
    A) first
    B) second
    C) fourth
    D) sixth
    
    View Answer

    Option C
    Explanation: The concept of ‘Human Library’ is about to make its way to Delhi on June 18 which will allow readers to borrow real people and learn from their life experiences over a 30-minute meaningful conversation.  To be held in Connaught Place between 2pm and 7pm.
15. The first Human Library event in India was held in which city?
    A) Hyderabad
    B) Mumbai
    C) Indore
    D) Jaipur
    
    View Answer

    Option C
    Explanation: The first Human Library event in India was held at Indore in 2016 at the IIM Indore campus. Delhi will be the fourth city to host the human library community in India after Indore, Hyderabad and Mumbai. The concept of Human Library developed in Copenhagen, Denmark, in 2000.
16. Recently DRDO test fired Nag Missile. It is a _____ generation missile.
    A) first
    B) second
    C) third
    D) fourth
    
    View Answer

    Option C
    Explanation: Third Generation
17. Recently DRDO test fired third-generation Nag Missile. It is a type of ______.
    A) Anti- Tank Unguided Missile (ATUM)
    B) Semi- Tank Unguided Missile (STUM)
    C) Anti-Tank Guided Missile (ATGM)
    D) Semi- Tank Guided Missile (STGM)
    
    View Answer

    Option C
    Explanation: A day trial of the Indian Army’s Anti-Tank Guided Missile (ATGM) Nag, equipped with imaging infrared radar (IIR) seeker, was successfully conducted in Rajasthan.
18. Recently Kuwait has launched e-platform to educate migrant workers on their legal rights. This platform is available in how many languages?
    A) 4
    B) 5
    C) 7
    D) 9
    
    View Answer

    Option B
    Explanation: Its languages will be Arabic, English, Hindi, Filipino and Urdu
19. Recently Kuwait has launched e-platform to educate migrant workers on their legal rights. It has been launched as a part of which project?
    A) “Together” project
    B) “Help Us” project
    C) “Forever” Project
    D) “Human Rights” Project
    
    View Answer

    Option A
    Explanation: The project is one of the outputs of the “Together” project to educate migrant workers on their rights in Kuwait, implemented by Kuwait Society in cooperation with the Embassy of the Netherlands in Kuwait.
20. Which company has topped the 2017 BrandZ Top 100 Most Valuable Global Brands list?
    A) Microsoft
    B) Google
    C) Amazon
    D) Facebook
    
    View Answer

    Option B
    Explanation: Technology giant Google has topped the 2017 BrandZ Top 100 Most Valuable Global Brands list, with a brand value of over $245 billion. Further, US tech giants Apple, Microsoft, and Facebook were also among the five most valuable brands.
21. Who is the author of the book titled ‘Yug Purush, Bharat Ratna, Atal Ji’?
    A) Rajnath Singh
    B) Ramesh Pokhriyal Nishank
    C) M Venkaiah Naidu
    D) Yashwant Sinha
    
    View Answer

    Option B
    Explanation: Former Uttarakhand Chief Minister Ramesh Pokhriyal ‘Nishank, has authored a 450-page book titled –‘Yug Purush, Bharat Ratna, Atal Ji’ whicjh was handed over to the President of India Shri Pranab Mukherjee.
22. Anita Pallenberg who passed away recently was a renowned ________
    A) Politician
    B) Actress
    C) Author
    D) Singer
    
    View Answer

    Option B
    Explanation: Anita Pallenberg was an Italian-German actress and model.
23. When is World Blood Donor Day observed?
    A) 12 June
    B) 13 June
    C) 14 June
    D) 15 June
    
    View Answer

    Option C
    Explanation: 14 June: Theme for 2017- “What can you do? Give blood. Give now. Give often.”

Current Affairs Quiz from Today’s Newspaper (15 June 2017) – The Indian Express

24. Which of the following is the partner country for Anuga Food Fair 2017?
    A) Sri Lanka
    B) India
    C) Russia
    D) China
    
    View Answer

    Option B
    Explanation: India is the partner country for ANUGA Food Fair that is organized by Germany
25. Verizon has completed the acquisition process of Yahoo for $ ______ billion.
    A) $ 3.51 bn
    B) $ 3.75 bn
    C) $ 4.48 bn
    D) $ 4.94 bn
    
    View Answer

    Option C
    Explanation: $4.48bn (£3.51m)
26. Verizon will combine Yahoo with AOL. What will the new entity be named?
    A) Spoon
    B) Oath
    C) Ratex
    D) YOL
    
    View Answer

    Option B
    Explanation: erizon, the No.1 US wireless operator, is combining Yahoo with AOL, which it bought two years ago, to form a venture called Oath, led by AOL chief executive Tim Armstrong.
27. Recently the Internal Advisory Committee (IAC) of Reserve bank of India has identified how many banks constituting nearly 25% of the gross bad loans for immediate referral and resolution under the bankruptcy law?
    A) 9
    B) 12
    C) 15
    D) 18
    
    View Answer

    Option B
    Explanation: The IAC (Internal Advisory Committee) noted that under the recommended criterion, 12 accounts totaling about 25% of the current gross NPAs of the banking system would qualify for immediate reference under IBC (Insolvency and Bankruptcy Court)