Current Affairs Quiz: January 1, 2018

Current Affairs 1 January 2018 Quiz

Read our Current Affairs and Newspaper Quiz daily to excel in General Awareness section of upcoming Competitive Exams.

Quiz from Current Affairs 31 December 2017 of A2Z – Click Here to Read Current Affairs of December 31, 2017

  1. The start-up incubation centre named Centre for Entrepreneurship Opportunities and Learning (CEOL) has recently been inaugurated in which state by Nirmala Sitharaman?
    A) Telanaga
    B) Tamil Nadu
    C) Karnataka
    D) Goa
    View Answer
      Option C
    Explanation: 
    Nirmala Sitharaman has launched a start-up incubation centre called the Centre for Entrepreneurship Opportunities and Learning (CEOL) in Mangaluru, Karnataka. She has allocated Rs. 1.5 crore from her MPLAD (Member of Parliament’s Local Area Development) scheme for the development of CEOL.
  2. Which among the following banks has recently entered into partnership with Abu Dhabi based Lulu Exchange to make cross border remittances using blockchain technology
    A) Catholic Syrian Bank Limited
    B) Axis Bank
    C) HDFC Bank
    D) Federal Bank
    View Answer
      Option D
    Explanation:
    Kerala based Federal Bank announced a partnership with Abu Dhabi-based LuLu Exchange to leverage blockchain technology for cross-border remittances. The two financial companies have launched and successfully tested the service using blockchain technology, which is fast revolutionising the financial and commercial world.
  3. In an effort to combat climate change the Ministry of Environment, Forest and Climate Change recently approved a regional project on ‘Climate Resilience Building among Farmers through Crop Residue Management’ with sanctioning of Rs 100 crore under first phase of the project for 4 states. Which states are not among the four?
    A) Himachal Pradesh
    B) Punjab
    C) Haryana
    D) Uttar Pradesh
    View Answer
      Option A
    Explanation:
    To combat climate change, the Ministry of Environment, Forest and Climate Change has approved a regional project on Climate Resilience Building among Farmers through Crop Residue Management under the National Adaptation Fund for Climate Change (NAFCC). The first phase of the project has been approved at a cost of approximately Rs. 100 Crore for the States of Punjab, Haryana, Uttar Pradesh and Rajasthan.
  4. Which state government has unveiled a price deficit compensation scheme named Bhavantar Bharpai to compensate farmers of the state for price deficit on vegetable produce?
    A) Telangana
    B) Haryana
    C) Assam
    D) West Bengal
    View Answer
      Option B
    Explanation:
    The Haryana Government launched the ‘Bhavantar Bharpai’—a scheme through which the state government would compensate farmers for price deficit for vegetable produce. The government would ensure farmers got at least the base price for four vegetables—potatoes, tomatoes, onions and cauliflower—while his dispensation would compensate them for the rest.
  5. The 105th Session of the Indian Science Congress will be held in which state in 2018?
    A) Manipur
    B) Meghalaya
    C) Assam
    D) Mizoram
    View Answer
      Option A
    Explanation:
    Manipur Central University, Imphal, will host the 105th Session of the Indian Science Congress during March 18-22, 2018. The session was to be held during the traditional January 3-7 dates at Osmania University in Hyderabad. However, it was postponed by the ISCA last week as circumstances in the campus were found not to be conducive to organise the session.
  6. Name the Italian Bank with which the Bank of Baroda has signed an agreement to acquire its entire 51 % stake in Baroda Pioneer Asset Management Company?
    A) Banco BPM
    B) Intesa Sanpaolo
    C) UniCredit S.p.A.
    D) Credito Emiliano
    View Answer
      Option C
    Explanation:
    Public sector Bank of Baroda has entered into an agreement with Italian bank UniCredit S.p.A. to acquire its 51 per cent stake in Baroda Pioneer Asset Management Company, thus increasing its shareholding to 100 per cent. Its foreign partner Pioneer Investments, which was earlier owned by UniCredit, will exit the venture.
  7. Name the winner of the 2017 Royal Cup golf tournament held at Pattaya, Thailand
    A) Kahlin Joshi
    B) Gaganjeet Bhullar
    C) Prom Meesawat
    D) Shiv Kapur
    View Answer
      Option D
    Explanation:
    Indian golfer Shiv Kapur won the Royal Cup at Pattaya, Thailand, which is his third Asian Tour title of 2017.
  8. Recently M V Pylee passed away. He was a well known ____
    A) Surgeon
    B) Educationist
    C) Author
    D) Journalist
    View Answer
      Option B
    Explanation:
    Renowned educationist M V Pylee has passed away due to brief age-related ailment.

Static GK Based on Current Affairs

  1. Who is the of Union Cabinet Minister of Environment, Forest and Climate Change?
    A) Jagat Prakash Nadda
    B) Jitendra Singh
    C) Anil Madhav Dave
    D) Harsh Vardhan
    View Answer
      Option D
  2. Who is the CEO of the Federal Bank?
    A) Shyam Srinivasan
    B) Aditya Puri
    C) Anand Krishnamurthy
    D) Romesh Sobti
    View Answer
      Option A
  3. Bank of Baroda has its headquarter in which city?
    A) Allahabad
    B) Vadodara
    C) New Delhi
    D) Mumbai
    View Answer
      Option B
  4. Gaganjeet Bhullar is related to which sports?
    A) Shooting
    B) Wrestling
    C) Golf
    D) Football
    View Answer
      Option C

Click here for the Current Affairs Quiz Section

 

Related posts

3 Thoughts to “Current Affairs Quiz: January 1, 2018”

    1. Monika

      Happy New Year:)

Leave a Comment