Current Affairs Quiz: May 23, 2018

Current Affairs 23 May 2018 Quiz

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Quiz from Current Affairs 22 May 2018 of A2Z – Click Here to Read Current Affairs of May 22, 2018

1. Who among the given has been appointed as the new President of the New York Stock Exchange (NYSE)?
   A) Jeffrey Sprecher
   B) Stacey Cunningham
   C) Marissa Mayer
   D) Meg Whitman
   
   View Answer

     Option B
   Explanation: The New York Stock Exchange (NYSE) has named Stacey Cunningham its first female chief in the history of the 226-year-old exchange.
2. In order to cater to the needs of MSME sector, the Bank of Baroda has launched its first integrated SME Loan Factory in which of the given cities?
   A) New Delhi
   B) Mumbai
   C) Hyderabad
   D) Gurgaon
   
   View Answer

     Option D
   Explanation: State-owned Bank of Baroda (BoB) has launched its first integrated SME Loan Factory in Gurgaon to cater the needs of MSME segment in the NCR. This integrated SME Loan Factory will function as a One Stop Shop’ for MSME customers with competent staff and simplified processes.It will provide end to end solutions viz. acquisition, processing, documentation, disbursement & relationship management etc.
3. The World Day for Cultural Diversity for Dialogue and Development is observed on__________
   A) May 20
   B) May 22
   C) May 21
   D) May 19
   
   View Answer

     Option C
   Explanation: Every year on 21 May, the World Day for Cultural Diversity for Dialogue and Development is celebrated to promote the richness of the world’s cultures and and highlight the significance of its diversity for achieving peace and sustainable development.
4. The ‘Chatra Parivahan Suraksha Yojana’ has been launched by which state for the safety of the girl students?
   A) Rajasthan
   B) Haryana
   C) Maharashtra
   D) Bihar
   
   View Answer

     Option B
   Explanation: Chief Minister of Haryana, Shri Manohar Lal Khattar has announced the launch of ‘Chatra Parivahan Suraksha Yojana’ to ensure safety of girl students. Under this scheme, five or more girl students, will get free travel facility from their home to their educational institutions. 
5. The HSBC has projected Inflation to rise further in second half of 2018-19 averaging to _____ percent in the current fiscal.
   A) 5.1%
   B) 4.2%
   C) 3.6%
   D) 6.3%
   
   View Answer

     Option A
   Explanation: Inflation is set to rise further towards the second half of the fiscal, and could average 5.1 per cent this financial year compared to 3.6 per cent last year, says an HSBC report. According to the global financial services major, the factors those are likely to impact inflation going forward include higher oil prices, a weaker rupee, higher MSPs and more currency in circulation.
6. A Workshop on “Ganga and its Biodiversity” was organised in which city recently by the World Wildlife Fund (WWF)?
   A) Chennai
   B) Bengaluru
   C) Gurugram
   D) New Delhi
   
   View Answer

     Option D
   Explanation: Union Minister for Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari inaugurated a day long workshop organized by World Wildlife Fund (WWF) on “Ganga and its Biodiversity: Developing a Road Map for Habitat and Species Conservation” in New Delhi. Besides, he also released the report on “Status of Conservation of Select Aquatic Species” in river Ganga and launched a database of Ganga Praharis’, a self-motivated cadre, being created by Wildlife Institute of India (WII).
7. When is the International Bio-diversity Day observed?
   A) May 22
   B) May 20
   C) May 21
   D) May 19
   
   View Answer

     Option A
   Explanation: The International Bio-diversity Day is observed on 22nd May every year to increase understanding and awareness of biodiversity issues.
8. Which among the following international bodies has approved $300 million credit for the India Energy Efficiency Scale-Up Program?
   A) International Monetary Fund
   B) World Bank
   C) Asian Development Bank
   D) European Bank for Reconstruction and Development
   
   View Answer

     Option B
   Explanation: The World Bank Board of Executive Directors has approved a $220 million (Rs 1,496 crore) loan and an $80 million (Rs 544 crore) guarantee for the India Energy Efficiency Scale-Up Program. The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale up the deployment of energy saving measures in residential and public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing.
9. Which among the given state governments has introduced a new initiative to provide monthly pension of Rs 250 to 16 lakh senior citizens of the state?
   A) Uttar Pradesh
   B) Jharkhand
   C) Haryana
   D) Assam
   
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     Option D
   Explanation: In a bid to empower the senior citizens, the Assam Chief Minister Sarbananda Sonowal has decided to provide pension to 16 lakh senior citizens of the state and directed the Panchayat and Rural Development department to take necessary step in this direction. Under the initiative, the state government will provide pension of Rs 250 per month to all senior citizens who are 60 years and above into their accounts.
10. Name the player to win the Formula Junior Racing Series 2018 Championship held in Coimbatore.
    A) Sohil Shah
    B) Rupesh Sivakumar
    C) Bala Prasath
    D) Arun Showry
    
    View Answer

      Option C
    Explanation: Coimbatore racer Bala Prasath has won the Formula Junior Racing Series 2018 Championship held at the Kari Motor Speedway in his hometown. Bala, who finished second in Round 1, secured top spot in Round 2 overtaking Bangalore’s Sohil Shah.
11. As per the data of NITI Aayog, the Indian economy is likely to achieve a growth rate of  ______ percent by 2022
    A) 11%
    B) 9%
    C) 7%
    D) 8%
    
    View Answer

      Option B
    Explanation: NITI Aayog vice-chairman Rajiv Kumar has estimated that Indian economy will achieve 9 percent growth rate on sustained basis by 2022 on the back of reforms like GST, demonetisation and the Insolvency and Bankruptcy Code (IBC). He said that Indian economy grew by 6.6 percent in 2017-18 and expected to grow at 7.5 percent this fiscal.
12. Recently which player has been honored with the title of France’s player of the year at UNFP Awards in Paris?
    A) Edinson Cavani
    B) Kylian Mbappe
    C) Neymar
    D) Florian Thauvin
    
    View Answer

      Option C
    Explanation: Paris Saint-Germain’s Brazilian forward Neymar was named as France’s player of the year at an awards ceremony in Paris. The Paris Saint-Germain superstar took the prize despite missing the last three months of the season due to injury.The world’s most expensive player has scored 19 goals in just 20 league games for PSG.
13. The world’s largest bird sculpture named Jatayu Earth’s Centre, is being established in which of the following cities?
    A) Thiruvananthapuram
    B) Ayodhya
    C) Guwahati
    D) Chennai
    
    View Answer

      Option A
    Explanation: The Kerala Tourism Minister Kadakampally Surendran has announced that Kerala tourism will inaugurate the world’s largest bird sculpture, Jatayu Earth’s Centre in Thiruvananthapuram on July 4. The replica of the bird ‘Jatayu’ — a character in the Ramayana — is 200 feet long, 150 feet wide, 65 feet tall and is positioned right at the top of a rock situated 1,000 feet above sea level.
14. The foundation stone for the Southern Campus of National Institute of Disaster Management (NIDM) has been laid in which state?
    A) Telangana
    B) Tamil Nadu
    C) Karnataka
    D) Andhra Pradesh
    
    View Answer

      Option D
    Explanation: Vice President M Venkaiah Naidu laid the foundation stone for the Southern Campus of National Institute of Disaster Management (NIDM) at Kondapavuluru in Krishna District of Andhra Pradesh. NIDM’s Campus would become a Centre for excellence in the future and save people from cyclones and other disasters.
15. Name the world’s largest amphibian, which according to the researchers are on the verge of getting extinct due to high poaching.
    A) Titicaca water frog
    B) Chinese giant salamander
    C) North American Hellbender salamander
    D) African Goliath frog
    
    View Answer

      Option B
    Explanation: The critically endangered Chinese giant salamander, well known as the world’s largest amphibian, now faces the imminent threat of extinction in the wild. The findings, published in the journal Current Biology, showed that illegal poaching of the amphibians is widespread.
16. Name the portal launched by the state government of Madhya Pradesh under youth empowerment mission to provide employment opportunities to youths?
    A) My MP Seva Portal
    B) My MP Naukri Portal
    C) My MP Rojgar Portal
    D) My MP Vyavasaye Portal
    
    View Answer

      Option C
    Explanation: Madhya Pradesh Chief Minister Shivraj Singh Chouhan has launched ‘My MP Rojgar Portal’ to provide employment opportunities to youths. The portal has been prepared by Madhya Pradesh Skill Development and Employment Generation Board under youth empowerment mission.  
17. Which city hosted the one day Regional Conference on “Clean and Renewable Energy”?
    A) Lucknow
    B) Bhopal
    C) New Delhi
    D) Gurugram
    
    View Answer

      Option B
    Explanation: The Minister of New and Renewable Energy, Govt. of Madhya Pradesh (MP), Shri Narayan Singh Kushwah inaugurated the one day Regional Conference on the theme of “New and Renewable Energy” in Bhopal, Madhya Pradesh. This was sixth such Regional Conference in the series in a lead-up to 3rd Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB).
18. What is the theme of the 2018 International Bio-diversity Day?
    A) Celebrating 25 Years of Action for Biodiversity
    B) Biodiversity and Sustainable Tourism
    C) Mainstreaming Biodiversity; Sustaining People and their Livelihoods
    D) Dedicated to forest biodiversity
    
    View Answer

      Option A
    Explanation: The theme this year is, ‘Celebrating 25 Years of Action for Biodiversity’. 2018 marks the 25th anniversary of the entry into force of the Convention on Biological Diversity and to highlight progress made in the achievement of its objectives at the national and global levels. 
19. The 26th BASIC Ministerial Meeting of Environment Ministers was held in which country?
    A) Rio de Janeiro, Brazil
    B) New Delhi, India
    C) Durban, South Africa
    D) Beijing, China
    
    View Answer

      Option C
    Explanation: The 26th BASIC Ministerial Meeting of Environment Ministers was held in Durban, South Africa for co-operation to protect the climate for present and future generations. The grouping is a bloc of four countries – Brazil, South Africa, India and China – formed by an agreement on November 28, 2009. 
20. According to the Clampdowns and Courage-South Asia Press Freedom Report 2017-18 by UNESCO, which country was found to have highest instances of Internet shutdowns between May 2017 and April 2018?
    A) Pakistan
    B) Bangladesh
    C) Sri Lanka
    D) India
    
    View Answer

      Option D
    Explanation: People in South Asian countries experienced at least 97 instances of Internet shutdown, a barometer on freedom of press and expression, between May 2017 and April 2018, with India alone accounting for 82 such cases, according to a UNESCO report. According to the Clampdowns and Courage-South Asia Press Freedom Report 2017-18, released recently by the UNESCO-International Federation of Journalists, Pakistan witnessed 12 instances of Internet shutdown, while Afghanistan, Bangladesh and Sri Lanka reported one such case each.
21. The West Asia Football Federation Championship 2018 will be held in which country?
    A) Iraq
    B) Spain
    C) Germany
    D) Jordan
    
    View Answer

      Option A
    Explanation: Iraq is to host a West Asia Football Federation championship at Basra Sports City stadium in the southern Iraqi city in November, the first international tournament to be staged in the country since the 1990s.
22. As per NITI Aayog, Indian economy is expected to grow at __________ percent in 2018-19.
    A) 6.9%
    B) 7.5%
    C) 7.2%
    D) 7.7%
    
    View Answer

      Option B
    Explanation: NITI Aayog vice-chairman Rajiv Kumar has said that Indian economy grew by 6.6 percent in 2017-18 and expected to grow at 7.5 percent this fiscal.

Static GK Based on Current Affairs

23. Which among the given is not a member of the BASIC countries?
    A) Brazil
    B) Bangladesh
    C) China
    D) India
    
    View Answer

      Option B
    Explanation: The BASIC countries are a bloc of four large newly industrialized countries namely Brazil, South Africa, India and China – formed by an agreement on November 28, 2009.
24. Professional footballer, Neymar hails from which country?
    A) Brazil
    B) France
    C) Spain
    D) Portugal
    
    View Answer

      Option A
    Explanation: Neymar da Silva Santos Junior, commonly known as Neymar or Neymar Jr., is a Brazilian professional footballer who plays as a forward for French club Paris Saint-Germain and the Brazil national team.
25. The third AIIB Annual Meeting of the Board of Governors will be held in which city in June 2018?
    A) Tokyo
    B) Rio
    C) Beijing
    D) Mumbai
    
    View Answer

      Option D
    Explanation: The Bank’s third Annual Meeting of the Board of Governors will be held in Mumbai, India in June 2018.

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