Current Affairs Quiz: January 11, 2018

Current Affairs 11 January 2018 Quiz

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Quiz from Current Affairs 10 January 2018 of A2Z – Click Here to Read Current Affairs of January 10, 2018

  1. What is the new foreign direct investment (FDI) limit allowed by the Union government in single-brand retail trading and construction development?
    A) 74%
    B) 49%
    C) 100%
    D) 26%
    View Answer
      Option C
    Explanation:
    In major changes liberalising foreign direct investment in key sectors, the Union Cabinet approved 100 per cent foreign investment in single brand retail trading (SBRT) and construction development and decided to open up Air India for FDI up to 49 per cent. Besides, the government also decided that foreign institution investors and portfolio investors be allowed to invest in power exchanges through primary market and amended the definition of “medical devices” in its FDI policy.
  2. Recently, the Union Home Ministry has appointed a 12-member inter-ministerial committee to take a call on the playing of the national anthem in cinema halls and public places. Who will head this committee?
    A) Shankar Aggarwal
    B) Gitesh Sarma
    C) Rajiv Gauba
    D) B.R. Sharma
    View Answer
      Option D
    Explanation:
    The Union Home Ministry has appointed a 12-member inter-ministerial committee to take a call on the playing of the national anthem in cinema halls and public places. The committee, led by Additional Secretary B.R. Sharma, will recommend changes, if needed, in the existing laws. Its first meeting will be held on January 19.
  3. Who has been appointed as the new Chairman the Indian Space Research Organisation (ISRO)?
    A) R.K Suri
    B) K Sivan
    C) Dinesh Sharma
    D) Aneesha Mathur
    View Answer
      Option B
    Explanation:
    K Sivan, popularly known as the ‘Rocket Man’ of the Indian Space Research Organisation (ISRO), has been appointed as the new Chairman of the country’s space establishment.
  4. How much amount of financial assistance has been sanctioned by the Union Government to eight Naxal affected districts of Chhattisgarh for three years under its Special Central Assistance Scheme?
    A) Rs 696 crores
    B) Rs 690 crores
    C)  Rs 692 crores
    D) Rs 694 crores
    View Answer
      Option A
    Explanation:
    The Union Government sanctioned Rs 696 crores to eight Naxal affected districts of Chhattisgarh for three years under its Special Central Assistance Scheme. The Center has issued approval for the amount to all the seven tribal dominated districts — Dantewada, Bijapur, Sukma, Narayanpur, Kondagaon, Bastar and Kanker.
  5. Recently Paytm has launched financial products arm Paytm Money Ltd. to build investment and wealth management products for its users. Who has been appointed as the head of the newly set up arm?
    A) Asha Sharma
    B) Pravin Jadhav
    C) Amit Sinha
    D) Renu Satti
    View Answer
      Option B
    Explanation:
    Paytm has announced that it has set up ‘Paytm Money Limited’, a wholly owned subsidiary of One97 Communications to build Investment and Wealth Management products for its users. Paytm Money will be the fourth consumer brand from the company after Paytm, Paytm Mall and Paytm Payments Bank. In addition, Paytm has also announced the appointment of Pravin Jadhav as Senior Vice President to lead this new venture.
  6. Name the first ever Indian to clinch an international medal in skiing competition in the coveted Alpine Ejder 3200 Cup held in Turkey
    A) Himanshu Thakur
    B) Hira Lal
    C) Aanchal Thakur
    D) Mohamed Iliyas
    View Answer
      Option C
    Explanation:
    Aanchal Thakur made history by winning India’s first-ever international medal in skiing in Turkey. The 21-year-old clinched bronze in the coveted Alpine Ejder 3200 Cup organised by Federation International Ski Race. She won the medal in the slalom race category.
  7. The government of India has imposed restriction on use of national flag madeup of which of these materials ahead of Republic Day celebration?
    A) Plastic
    B) Nylon Fabric
    C) Cotton
    D) Paper
    View Answer
      Option A
    Explanation:
    The central government has advised the nation not to use a national flag made of plastic and asked all the states and union territories (UTs) to ensure strict compliance of the Flag Code in view of the Republic Day celebration ahead. An advisory from the government said that the “Indian national flag stands for the aspirations and hopes of the people of the country and therefore should occupy a position of honour”.
  8. According to the 2018 Global Economics Prospect released by the World Bank, what is the projected GDP growth rate of India for the year 2018?
    A) 7.6%
    B) 7.5%
    C) 7.4%
    D) 7.3%
    View Answer
      Option D
    Explanation:
    World Bank has projected India’s growth rate at 7.3% in 2018 and 7.5% for the next two years. In its 2018 Global Economics Prospect released in Washington last night, the World Bank said, India has enormous growth potential compared to other emerging economies as an ambitious government undertakes comprehensive reforms.
  9. According to the latest Bloomberg Billionaires Index, who among the given has been ranked as the world’s richest person?
    A) Larry Page
    B) Mark Zuckerberg
    C) Jeff Bezos
    D) Bill Gates
    View Answer
      Option C
    Explanation:
    Amazon CEO Jeff Bezos has reached a record high in terms of the amount of wealth owned by a single person. The net worth of Bezos reached a whopping $105.1 Billion, as per Bloomberg’s Billionaire Tracker. This ranks Jeff Bezos as the richest person of all time. Previously, the spot was held by Microsoft founder Bill Gates, who has been left behind by the Amazon genius for the third time now.
  10. In which of the following state owned air lines, the government has for the first time allowed Foreign Direct Investment (FDI) with a limit of 49 percent under approval route?
    A) Air India Express
    B) Air India
    C) Jet Airways
    D) AirAsia India
    View Answer
      Option B
    Explanation:
    In the civil aviation sector, the government for the first time has allowed foreign investors to put money in Air India. So far, foreign airlines were allowed to invest in Indian companies operating scheduled and non-scheduled air transport services up to the limit of 49 per cent. However, this provision was not applicable to Air India.

Static GK Based on Current Affairs

  1. Jeff Bezos is the Chief Executive Officer of which company?
    A) Amazon
    B) Microsoft Corporation
    C) Berkshire Hathaway
    D) Alphabet Inc
    View Answer
      Option A
  2. Who among the following is regarded as the Rocket Man of the Indian Space Research Organisation (ISRO)?
    A) Shailesh Nayak
    B) K Sivan
    C) Madhavan Chandradathan
    D) A. Sivathanu Pillai
    View Answer
      Option B
  3. The World Bank was formed in which year?
    A) 1944
    B) 1946
    C) 1947
    D) 1945
    View Answer
      Option D
    Explanation: July 1945
  4. Famous Indian skier Aanchal Thakur belongs to which state?
    A) Maharashtra
    B) Haryana
    C) Himachal Pradesh
    D) Punjab
    View Answer
      Option C
  5. What is the currency of Turkey?
    A) Turkish Lira
    B) Turkish Rial
    C) Turkish Euro
    D) Turkish Pound
    View Answer
      Option A

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