Current Affairs Quiz: February 25, 2018

Current Affairs 25 February 2018 Quiz

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Quiz from Current Affairs 24 February 2018 of A2Z – Click Here to Read Current Affairs of February 24, 2018

  1. What is the deadline set by RBI to link SWIFT system with Core Banking Solutions (CBS) of banks?
    A) March 31, 2018
    B) April 30, 2018
    C) July 31, 2018
    D) June 30, 2018
    View Answer
      Option B
    Explanation:
    The Reserve Bank of India (RBI) has directed banks to link the SWIFT (Society for World Interbank Financial Telecommunication System platform) — a global financial messaging service which was miused by jeweller Nirav Modi at Punjab National bank — with the core banking solutions (CBS) of banks by April 30, 2018.
  2. The Indian Army is conducting the joint military exercise named Lamitye with the Army of which country?
    A) Singapore
    B) Kazakhstan
    C) Indonesia
    D) Seychelles
    View Answer
      Option D
    Explanation:
    The eighth joint military exercise between the Indian Army and Seychelles People’s Defence Forces began from February 24 in Seychelles. Indo-Seychelles counter insurgency/counter terrorism exercise is named ‘Lamitye’, which means friendship.
  3. Which city is hosting the third Partnership Summit of the Confederation of Indian Industry (CII)?
    A) Bhubaneswar
    B) Kochi
    C) Visakhapatnam
    D) Chennai
    View Answer
      Option C
    Explanation:
    The third Partnership Summit of the Confederation of Indian Industry (CII) will began in Vizag, Andhra Pradesh, with over 2,000 delegates attending the meet. About 40 percent of the delegates belong to other countries.
  4. The state government of Chhattisgarh has set the target to electrify all the household in the state by _______
    A) September 2018
    B) April 2018
    C) December 2018
    D) July 2018
    View Answer
      Option A
    Explanation:
    Chhattisgarh Chief Minister Raman Singh announced that the state government is aiming to provide power supply to every household by September 2018.
  5. Neelabh Mishra who passed away recently was a __________ by profession
    A) Author
    B) Politician
    C) Journalist
    D) Physician
    View Answer
      Option C
    Explanation:
    Senior journalist and editor-in-chief of National Herald, Neelabh Mishra, has passed away. He was critically ill and with complications resulting from non-alcoholic liver cirrhosis.
  6. UIDAI has come up with ________ coloured Aadhaar known as Baal Aadhaar card for children below the age of 5 years
    A) Pink
    B) Blue
    C) Red
    D) Yellow
    View Answer
      Option B
    Explanation: 
    Unique Identification Authority of India (UIDAI) has now introduced a blue coloured ‘Baal Aadhaar’ card for children below the age of 5 years. To recall all children below the age of 5 don’t need to give biometric details for getting an Aadhaar card. UIDAI said that a blue coloured Baal Aadhaar will be issued to children below 5 years and when the child does become 5, then he/she has to submit biometric authentication. Failing to do so within the next 7 years would result in suspension of the Aadhaar card.
  7. The Economic Times Global Business Summit 2018 was held in which city?
    A) Kochi
    B) Hyderabad
    C) Gurgaon
    D) New Delhi
    View Answer
      Option D
    Explanation: 
    The Prime Minister, Shri Narendra Modi, addressed the Economic Times Global Business Summit in New Delhi, on the theme: New Economy – New Rules.
  8. The state government of Assam has declared which day to be observed as Rhino Day in the state?
    A) September 22
    B) October 18
    C) December 29
    D) August 7
    View Answer
      Option A
    Explanation:
    The Assam government has announced to observe September 22 as ‘Rhino Day’ to generate public awareness on protection of the one-horned pachyderm.
  9. Who has been appointed as the Editor-in-Chief of Rajya Sabha TV?
    A) Swapan Dasgupta
    B) Gurdeep Singh Sappal
    C) Surya Prakash
    D) Rahul Mahajan
    View Answer
      Option D
    Explanation:
    Senior journalist Rahul Mahajan was appointed Editor-in-Chief of Rajya Sabha TV, owned and operated by the Upper House of Parliament.
  10. The Reserve Bank of India (RBI) has launched Ombudsman Scheme for Non-Banking Financial Companies (NBFCs). The scheme has come into force from ____________
    A) February 21, 2018
    B) February 22, 2018
    C) February 23, 2018
    D) February 24, 2018
    View Answer
      Option C
    Explanation:
    As announced in its Monetary Policy Statement on February 7, India’s central bank, Reserve Bank of India (RBI), has now launched the Ombudsman Scheme for Non-Banking Financial Companies (NBFCs). The scheme shall come into effect and force from February 23, 2018. 
  11. Recently, PM Modi has launched the subsidised Two Wheeler Scheme in which state?
    A) Gujarat
    B) Tamil Nadu
    C) Uttar Pradesh
    D) Delhi
    View Answer
      Option B
    Explanation:
    Prime Minister Narendra Modi launched the subsidised scooter scheme for working women on the occasion of the 70th birth anniversary celebrations of late Tamil Nadu leader J Jayalalithaa.
  12. Who among the given actresses has recently quit as the global ambassador of jewellery designer Nirav Modi’s brand?
    A) Priyanka Chopra
    B) Aishwarya Rai
    C) Anuskha Sharma
    D) Shilpa Shetty
    View Answer
      Option A
    Explanation:
    Actress Priyanka Chopra’s spokesperson has confirmed that she has quit as the global ambassador of jewellery designer Nirav Modi’s brand following allegations of money laundering against him.
  13. In collaboration with which country, India will jointly hold an International Solar Alliance (ISA) Summit on March 11 in New Delhi?
    A) Japan
    B) Russia
    C) United States
    D) France
    View Answer
      Option D
    Explanation:
    Ministry of New and Renewable Energy (MNRE) Secretary Anand Kumar announced that Prime Minister Narendra Modi and France President Édouard Philippe will jointly hold an International Solar Alliance (ISA) Summit at the President house in New Delhi on March 11.
  14. The government of Tamil Nadu has partnered with which technology giant to enhance the integration of technology in teaching and learning environment?
    A) Apple
    B) Microsoft
    C) Google
    D) Facebook
    View Answer
      Option B
    Explanation:
    The government of Tamil Nadu announced signing an agreement with IT Major Microsoft to improve the integration of technology in teaching and learning in the state.
  15. The newly functional Ombudsmen scheme for NBFCs will have offices in how many cities?
    A) Two
    B) Three
    C) Four
    D) Five
    View Answer
      Option C
    Explanation: 
    The offices of the NBFC Ombudsmen will function at four metro centres, namely, Chennai, Kolkata, Mumbai and New Delhi, and will handle complaints of customers in the respective zones.

Static GK Based on Current Affairs

  1. SWIFT was founded in which year?
    A) 1973
    B) 1999
    C) 1984
    D) 1966
    View Answer
      Option A
    Explanation:
    SWIFT was founded in Brussels in 1973 under the leadership of its inaugural CEO Carl Reuterskiöld (1973–1983) and was supported by 239 banks in fifteen countries. It started to establish common standards for financial transactions and a shared data processing system and worldwide communications network designed by Logica.
  2. What does ‘CORE’ stands for in Core Banking Solutions (CBS)
    A) Central Online Real-time Equity
    B) Centralized Online Real-time Exchange
    C) Credit Of Rate Exchange
    D) Council Of Returns Experts
    View Answer
      Option B
    Explanation:
    CORE stands for Centralized Online Real-time Exchange
  3. Who is the President of France?
    A) Francois de Rugy
    B) Gerard Larcher
    C) Edouard Philippe
    D) Emmanuel Macron
    View Answer
      Option D
  4. What is the capital of Seychelles?
    A) Belgrade
    B) Freetown
    C) Victoria
    D) Sanaa
    View Answer
      Option C
    Explanation:
    Currency:Seychellois rupee
  5. Who is the President of the Confederation of Indian Industry (CII) for 2017-18?
    A) Shobana Kamineni
    B) Rakesh Bharti Mittal
    C) Chandrajit Banerjee
    D) Uday Kotak
    View Answer
      Option A
    Explanation:
    Ms. Shobana Kamineni, Executive Vice-Chairperson, Apollo Hospitals Enterprises Limited (AHEL) is the President of CII for the year 2017-18. Rakesh Bharti Mittal, Bharti Enterprises is President-Designate and Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank Limited is the Vice President. Chandrajit Banerjee is the Director General

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