Current Affairs Quiz: April 13, 2018

Current Affairs 13 April 2018 Quiz

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Quiz from Current Affairs 12 April 2018 of A2Z – Click Here to Read Current Affairs of April 12, 2018

  1. Name the financial institution which has approved loan worth USD 140 million to improve the rural road connectivity in Madhya Pradesh for better livelihoods, education and mobility within the state?
    A) International Monetary Fund (IMF)
    B) International Bank for Reconstruction and Development (IBRD)
    C) Asian Development Bank (ADB)
    D) Asian Infrastructure Investment Bank (AIIB)
    View Answer
      Option D
    Explanation: 
    USD 140 million loan was approved by the Board of Directors of the Asian Infrastructure Investment Bank (AIIB) through which approximately 1.5 million rural residents in Madhya Pradesh will directly benefit from improved livelihoods, education and mobility. The project, co-financed with the World Bank, aims to improve the rural road connectivity and management for residents of about 5,640 villages who use the rural roads for daily activities.
  2. How much amount of fund has been released by the Government under Mahatma Gandhi National Rural Employment Guarantee Scheme for FY19?
    A) Rs. 20,100 crore
    B) Rs. 22,125 crore
    C) Rs. 23,147 crore
    D) Rs. 27,158 crore
    View Answer
      Option C
    Explanation:
    In the 2nd week of the current Financial Year, Ministry of Rural Development has already released Rs. 23,147 crore to various States/UTs under Mahatma Gandhi National Rural Employment Guarantee Scheme. The funds, besides clearing all wage and payment liabilities of previous year, will also ensure smooth implementation of the scheme in the coming months of FY 2018-19.
  3. According to the the 2018 Asian Development Outlook (ADO) report by ADB Bank, Indian economy is estimated to grow by __________ percent in 2018-19.
    A) 7.3 Percent
    B) 7.5 Percent
    C) 7.6 Percent
    D) 7.8 Percent
    View Answer
      Option A
    Explanation: 
    The Asian Development Bank (ADB) noted that the Indian economy is set to expand by 7.3% in fiscal year (FY) 2018 and 7.6% in the next fiscal, aided by various growth-oriented policy measures. The Bank, in its Asian Development Outlook (ADO) 2018 report, noted that the dip in growth to 6.6 percent in FY2017 was driven in part by lingering effects of demonetisation, which impacted the informal sector in the first half of the fiscal.
  4. The 16th International Energy Forum Ministerial Meeting was held in which of the following cities?
    A) Gurugram
    B) New Delhi
    C) Lucknow
    D) Hyderabad
    View Answer
      Option B
    Explanation: 
    Prime Minister Narendra Modi inaugurated 16th International Energy Forum Ministerial Meeting in New Delhi. It is the largest gathering of Ministers from energy consuming, producing and transit countries which is hosted by India and co-hosted by China and Korea.
  5. Which among the following mobile web browsers has launched India’s first women only mobile news channel for increased women welfare and awareness?
    A) Skyfire
    B) Opera Mini
    C) Safari
    D) UC Browser
    View Answer
      Option D
    Explanation: 
    UC Browser has launched India’s first women-only news channel where they aim to show women related content, based on relationships, education, health, fashion and lifestyle. UC Browser has also kicked off a campaign to select 20 Sheros or real-life female heroes of India with an aim to publish their inspirational stories on its platform. 
  6. Name the Indian state which is soon to have the world’s largest solar park of 5000 MW capacity
    A) Madhya Pradesh
    B) Haryana
    C) Gujarat
    D) Himachal Pradesh
    View Answer
      Option C
    Explanation: 
    Gujarat Chief Minister Vijay Rupani approved setting up a 5,000 MW capacity solar park at the Dholera Special Investment Region (SIR), which would be the largest such entity in the world after its completion. The proposed solar power generation project would be set up in 11,000 hectares of land with an investment of Rs 25,000 crore.
  7. The Reserve Bank of India has recently imposed a penalty of Rs 3 crore on which bank for failing to comply with the directions issued on Income Recognition and Asset Classification (IRAC) norms?
    A) IDBI Bank
    B) Punjab National Bank
    C) Bank of Baroda
    D) Syndicate Bank
    View Answer
      Option A
    Explanation: 
    The Reserve Bank of India (RBI) imposed monetary penalty worth Rs. 3 crore on IDBI Bank for not complying with the outlined norms related to reporting of bad loans. The penalty was imposed on account of non-compliance with the directions issued on Income Recognition and Asset Classification (IRAC) norms.
  8. As per the recent government data, Indian Railways has installed more than one lakh bio-toilets in trains till March 2018. The Railways has planned to fit bio-toilets in its entire fleet of coaches by which year?
    A) 2019
    B) 2020
    C) 2021
    D) 2022
    View Answer
      Option A
    Explanation: 
    Indian Railways has installed more than one lakh bio-toilets in trains till March this year. A statement from the Railway Ministry said, with one lakh twenty-five thousand such toilets being installed, it has now covered about 60 per cent of coaching fleet of the railways. The Ministry of Railways has advanced it earlier plan to fit bio-toilets in its entire fleet of coaches from 2021-22 to 2019.
  9. The government of India has signed participants contract with the World Expo 2020 to set up its pavilion at the Expo taking it as an opportunity to accomplish its aim of becoming a $5 trillion economy by 2025. The World Expo 2020 will take place in which country?
    A) Paris, France
    B) Dubai, UAE
    C) Astana, Kazakhstan
    D) Milan, Italy
    View Answer
      Option B
    Explanation: 
    India and World Expo 2020 signed participants contract for India’s pavilion in the prestigious World Expo 2020 held once in 5 years. The contract provides for the setting up of India pavilion at Expo 2020 on an extra large plot (about one acre) in the ‘Opportunity’ segment.
  10. The HRD Ministry has formed a committee to suggest measures of reducing the fear of mathematics amongst the students. Who will head the panel?
    A) Kunwar Vijay Shah
    B) Dinesh Sharma
    C) Krishna Nandan Prasad Verma
    D) Bhupendrasinh Chudasama
    View Answer
      Option D
    Explanation:
    Human Resource Development Ministry constituted the committee under the Chairmanship of Gujarat Education Minister Shri Bhupendrasinh Chudasama to suggest the ways to make the maths subject easy. This decision was taken on the basis of National Assessment Survey to eliminate the fear of maths among the students. Also, eminent educationists and senior officials will be the part of this committee.
  11. Who among the given Badminton Champions has achieved the top spot in the latest Badminton World Federation (BWF) World Rankings in men’s singles category?
    A) Kidambi Srikanth
    B) Prakash Padukone
    C) Pullela Gopichand
    D) Parupalli Kashyap
    View Answer
      Option A
    Explanation: 
    Ace Indian shuttler Kidambi Srikanth became World number 1 in men’s singles category after Badminton World Federation updated its weekly rankings. He overtook World Champion Danish Viktor Axelsen at the top of rankings with 76,895 points. Srikanth, who replaced the mighty Dane, became only the first male player from India in the modern era of BWF Rankings and third overall to achieve this exceptional feat after the legendary Prakash Padukone achieved the feat before the modern ranking was introduced.
  12. The  Airports Authority of India (AAI) has signed an agreement with the Ministry of External Affairs to develop Kalaymyo Airport into green airport as a part of its initiative to develop airports abroad. The airport is located in which country?
    A) Malaysia
    B) Sri Lanka
    C) Myanmar
    D) Bhutan
    View Answer
      Option C
    Explanation:
    The Airports Authority of India (AAI) has signed an agreement with the Ministry of External Affairs, for preparation of a Detailed Project Report (DPR) in the first phase for development of the Kalay Airport as a green airport in Myanmar.
  13. Which country has decided to do away with the reservation system in the government jobs after furious protest by thousands of students?
    A) India
    B) Bangladesh
    C) Pakistan
    D) Sri Lanka
    View Answer
      Option B
    Explanation:
    Bangladesh Prime Minister Minister Sheikh Hasina announced she will be abolishing the quota system for government jobs. The decision is being viewed as a victory for tens of thousands of students and job-seekers who came out in protest against the reservation policy for special groups.
  14. The tenth edition of a biennial exhibition of weapons and military hardware named DefExpo India- 2018 has been orgainzed in which state?
    A) Karnataka
    B) Maharashtra
    C) Tamil Nadu
    D) Uttar Pradesh
    View Answer
      Option C
    Explanation:
    The tenth edition of a biennial exhibition of weapons and military hardware – DefExpo India- 2018 has begun at Kancheepuram in Tamil Nadu.
  15. The National Highways Authority of India has recently signed its first international project to upgrade the Yagyi – Kalewa section of highway which is a trilateral highway connecting India with which countries?
    A) Bangladesh and Myanmar
    B) Thailand and Vietnam
    C) Nepal and Myanmar
    D) Myanmar and Thailand
    View Answer
      Option D
    Explanation:
    To provide seamless vehicular movement for enhancing trade, business, health, education and tourism between Indian, Myanmar and Thailand, the National Highways Authority of India has signed an agreement for upgradation of Yagyi – Kalewa section of highway (Milepost 40/0 to Milepost 115/5) in Myanmar to two lane with earthen shoulder.
  16. Which among the following navigation satellite has been successfully launched by ISRO recently to replace the faulty IRNSS-1A satellite?
    A) IRNSS-1I
    B) IRNSS-1K
    C) IRNSS-1L
    D) IRNSS-1M
    View Answer
      Option A
    Explanation:
    Indian Space Research Organisation (ISRO) successfully launched the Indian Regional Navigation Satellite System-1I or IRNSS-1I from Satish Dhawan Space Centre on Sriharikota Island. The IRNSS-1I will replace the IRNSS-1A which was rendered ineffective as the onboard atomic clocks had failed. The satellite is part of the constellation of seven NavIC navigation satellite.
  17. Name the cricketer who has been crowned as 2018 Wisden’s leading male cricketers of the year in the world?
    A) Kane Williamson
    B) AB de Villiers
    C) Hashim Amla
    D) Virat Kohli
    View Answer
      Option D
    Explanation: 
    Both Indian captains of men and women’s cricket team, Virat Kohli and Mithali Raj were named among Wisden’s leading cricketers of the year. Kohli was named leading male cricketer for the second successive year. Mithali Raj, who led India to the final of ‘Women’s World Cup’ and emerged as the all-time leading run-scorer in women’s ODI, was named standout female cricketer of the year. 
  18. What is the rank of India in the 2018 Index of Economic Freedom released by The Heritage Foundation, a top American think-tank?
    A) 143
    B) 130
    C) 128
    D) 155
    View Answer
      Option B
    Explanation: 
    India has jumped 13 places in the last one year to be earn 130th spot in the latest annual Index of Economic Freedom released by a top American think-tank. In 2017, India with a score of 52.6 points was ranked at 143 among 180 countries, two spots below neighbour Pakistan, according to the Index of Economic Freedom.
  19. Who has been appointed as the new Chairman of the Banks Board Bureau (BBB)?
    A) Bhanu Pratap Sharma
    B) P J Nayak
    C) Vinod Rai
    D) V. K. Saraswat
    View Answer
      Option A
    Explanation: 
    The government appointed former DoPT Secretary Bhanu Pratap Sharma as Chairman of the Banks Board Bureau (BBB). He replaces Vinod Rai, who was appointed as the first chairnman of BBB for a two year term.
  20. Name the country to top the 2018 Index of Economic Freedom by The Heritage Foundation.
    A) New Zealand
    B) Singapore
    C) Hong Kong
    D) Switzerland
    View Answer
      Option C
    Explanation:
    Hong Kong and Singapore each logged increases in their Index scores, finishing first and second in the rankings for the 24th consecutive year. Three other frequent top 10 finishers — New Zealand (3rd globally), Switzerland (4th) and the United Kingdom (8th) — also saw their scores rise, though not nearly as much as Ireland(6th), which saw a 3.7-point increase.

Static GK Based on Current Affairs

  1. Who is the Managing Director and Chief Executive Officer of the IDBI Bank?
    A) S S Mallikarjun Rao
    B) Ravi Krishan Takkar
    C) Shankar Acharya
    D) Mahesh Kumar Jain
    View Answer
      Option D
    Explanation:
    IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry. Headquarter is in Mumbai.
  2. Which among the following countries are not the members of the Asian Infrastructure Investment Bank (AIIB)?
    A) Japan
    B) Bangladesh
    C) Singapore
    D) Sri Lanka
    View Answer
      Option A
    Explanation:
    On 24 October 2014, twenty-one countries signed a Memorandum of Understanding (MOU) regarding the AIIB in Beijing, China: Bangladesh, Brunei, Cambodia, India, Kazakhstan, Kuwait, Laos, Malaysia, Myanmar, Mongolia, Nepal, Oman, Pakistan, Philippines, Qatar, Singapore, Sri Lanka, Thailand, Uzbekistan and Vietnam. The Major economies that are not members include Japan, Mexico, Nigeria, and the United States.
  3. The Asian Development Bank was established in which year?
    A) 1983
    B) 1991
    C) 1966
    D) 1975
    View Answer
      Option C
    Explanation:
    The Asian Development Bank is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. President – Takehiko Nakao
  4. The Banks Board Bureau (BBB) was set up upon the recommendation of ______________
    A) Vijay Kelkar Committee
    B) PJ Nayak Committee
    C) V. K. Saraswat Committee
    D) Deepak Mohanty Committee
    View Answer
      Option B
    Explanation:
    The Bureau has been set up by the government following the recommendation of the Reserve Bank of India-appointed PJ Nayak Committee to review governance of boards of banks in India. It is housed in RBI’s Central Office in Mumbai. 
  5. The Indian Regional Navigation Satellite System (IRNSS) is an autonomous regional satellite navigation system consisting of a constellation of _____ satellites
    A) 7
    B) 9
    C) 11
    D) 5
    View Answer
      Option A
    Explanation:
    The Indian Regional Navigation Satellite System (IRNSS) with an operational name of NAVIC is an autonomous regional satellite navigation system, that provides accurate real-time positioning and timing services. It covers India and a region extending 1,500 km (930 mi) around it, with plans for further extension. The system at-present consist of a constellation of 7 satellites, with two additional satellites on ground as stand-by.

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