Current Affairs Quiz: May 12, 2018

Current Affairs 12 May 2018 Quiz

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Quiz from Current Affairs 11 May 2018 of A2Z – Click Here to Read Current Affairs of May 11, 2018

1. The rating agency Fitch has estimated the growth rate of India for 2018 at _______ percent
   A) 7.5%
   B) 7.3%
   C) 7.1%
   D) 7.4%
   
   View Answer

     Option B
   Explanation: Credit rating agency Fitch has said that India’s economic growth will accelerate to 7.3 per cent in the current financial year and 7.5 per cent in the next fiscal.
2. Which among the following platforms has been launched by the Commonwealth Heads of Government recently to boost digital education skills among students and teachers?
   A) C-DELTA
   B) CHOGM
   C) C-ODES
   D) SKILLS
   
   View Answer

     Option A
   Explanation: Commonwealth Heads of Government has launched an online platform named Commonwealth Digital Education Leadership Training in Action (C-DELTA) to create an enabling environment and culture of lifelong learning. The platform allows students and teachers to develop communities and demonstrate their effective use of digital education tools, and thereby influence others as leaders in digital education skills. The platform has been launched by the Commonwealth of Learning (COL).
3. When is the National Technology Day observed?
   A) May 10
   B) May 12
   C) May 11
   D) May 9
   
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     Option C
   Explanation: The 20th National Technology Day is being celebrated in the country on May 11, 2018. On this day in 1998, India successfully tested its nuclear bombs in Pokhran, Rajasthan. . 
4. According to the latest directives of SEBI, the listed firms have been ordered to split the post of Chairman and Managing Director (CMD) by which year?
   A) 2019
   B) 2022
   C) 2025
   D) 2020
   
   View Answer

     Option D
   Explanation: SEBI has asked listed companies to split the post of Chairman and Managing Director by April 2020. It has also made it compulsory for them to have six independent directors on board, including a women director. For implementation of changes with regard to split of CMD post, SEBI has set a deadline of April 1, 2020. The deadline for independent directors and other rules is April 1, 2019.
5. Recently, 71 Ministries/Departments of Government of India has earmarked nearly Rs ___________ crores for swachhata activities within their own spheres during the FY 2018-19?
   A) Rs 12500 crores
   B) Rs 16500 crores
   C) Rs 10500 crores
   D) Rs 15500 crores
   
   View Answer

     Option B
   Explanation: Nearly Rs 16.5 thousand crores have been earmarked by 71 Ministries/Departments of Government of  India to take up swachhata activities within their own spheres during the FY 2018-19. This earmarking is over and above the budget of Ministries in-charge of sanitation in the country, i.e. Ministry of Drinking Water and Sanitation for Swachh Bharat Mission (Gramin) and Ministry of Housing and Urban Affairs for Swachh Bharat Mission (Urban).
6. How many Cross Border Reinsurers (CBR) have been approved by the Insurance Regulatory and Development Authority of India (IRDAI) for the year 2018-19?
   A) 16
   B) 10
   C) 11
   D) 9
   
   View Answer

     Option A
   Explanation: The Insurance Regulatory and Development Authority of India (IRDA) has released the list of Cross Border Reinsurers (CBR) for the year 2018-19. On the basis of the submissions and recommendations made by reinsurers, the authority had granted special approval for the 16 CBRs. According to guidelines on cross-border insurers issued by IRDAI, CBR refers to those reinsurers who do not have any physical presence in India and do reinsurance business with Indian insurance/reinsurance companies.
7. Who among the following inaugurated the Indian Pavilion at the 71st Cannes International Film Festival in France?
   A) Huma Qureshi
   B) Prasoon Joshi
   C) Shaji Karun
   D) Sharad Kelkar
   
   View Answer

     Option D
   Explanation: The Indian Pavilion at the Cannes film festival was inaugurated at Cannes in France. The inauguration session of the Indian Pavilion at the Festival was hosted by noted actor Sharad Kelkar. Also on May 11, India Day’ is being held at the 71st Cannes International Film Festival in France to bring together the French and Indian film industries.
8. Which  among the given companies has received the 2018 National Technology Award by the Government of India?
   A) Lupin
   B) Biocon
   C) Bharat Biotech
   D) Cipla
   
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     Option C
   Explanation: Leading vaccine maker Bharat Biotech on Friday received the National Technology Award for 2018 from the Central government’s Technology Development Board for its Rotavac vaccine. 
9. World’s largest Indian Flag has recently been unfurled in which city of India as a tribute to the first war of the India’s independence?
   A) Hyderabad
   B) Guwahati
   C) Bengaluru
   D) Chandigarh
   
   View Answer

     Option A
   Explanation: Actor-turned-politician and Jana Sena Party founder Pawan Kalyan today unfurled the national flag in Hyderabad, claimed to be the world’s largest Indian tricolour, to commemorate the first war of the country’s independence that took place in 1857. According to a party release, the flag was 122 feet in length and 183 feet in width.
10. In an effort to encourage people to use electric vehicles, the Indian government has approved distinctive  licence plates that would be ______________ in color
    A) Blue
    B) Green
    C) Yellow
    D) Red
    
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      Option B
    Explanation: To promote electric vehicles in India, the government has approved green licence plates bearing numbers in white fonts for private e-vehicles and yellow for taxis.
11. How many agreements have been signed between India and Myanmar during External Affairs Minister Sushma Swaraj’s two-day visit to the foreign nation?
    A) 7
    B) 5
    C) 9
    D) 11
    
    View Answer

      Option A
    Explanation: India and Myanmar discussed a range of bilateral issues and signed seven agreements during External Affairs Minister Sushma Swaraj’s two-day visit to the country. The seven agreements signed included one on land border crossing, memorandums of understanding (MoU) on restoration and preservation of earthquake-damaged Pagodas in Bagan, assistance to the Joint Ceasefire Monitoring Committee, training of Myanmar foreign service officers, setting up an Industrial Training Centre (ITC) at Monywa, and ITC at Thaton and exchange of letters on extending a maintenance contract for ITC Myingyan.
12. The 2018 Reverse Buyers Sellers Meet (RBSM) will take place in which city?
    A) New Delhi
    B) Mumbai
    C) Kolkata
    D) Patna
    
    View Answer

      Option B
    Explanation: Commerce Secretary of the Government of India, Rita A Teaotia, will inaugurate the two-day second Reverse Buyers Sellers Meet (RBSM) commencing from May 15 in Mumbai for promoting export of mangos and other tropical fruits and products.

Static GK Based on Current Affairs

13. Who among the following is the Commerce Secretary of the Government of India?
    A) Rita A Teaotia
    B) Amitabh Kant
    C) Vinod Paul
    D) Ramesh Chand
    
    View Answer

      Option A
14. Credit rating agency Fitch is headquartered at_______
    A) Vienna, Austria
    B) London, United Kingdom
    C) New York, United States
    D) Paris, France
    
    View Answer

      Option C
15. The Insurance Regulatory and Development Authority of India (IRDAI) is headquartered in which city?
    A) Kolkata
    B) Mumbai
    C) New Delhi
    D) Hyderabad
    
    View Answer

      Option D
    Explanation: The Insurance Regulatory and Development Authority of India is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.
16. The Securities and Exchange Board of India was formed in which year?
    A) 15 March 2000
    B) 12 April 1992
    C) 1 July 1999
    D) 5 December 1991
    
    View Answer

      Option B
    Explanation: The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992..

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