Current Affairs Quiz: December 29, 2017

Current Affairs 29 December 2017 Quiz

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Quiz from Current Affairs 28 December 2017 of A2Z – Click Here to Read Current Affairs of December 28, 2017

  1. The Union Government has planned to borrow just an additional Rs ____ crore from the market in the current fiscal year amid fiscal deficit fears
    A) Rs 75,000 cr
    B) Rs 50,000 cr
    C) Rs 45,000 cr
    D) Rs 60,000 cr
    View Answer
      Option B
    The Government has decided to make additional market borrowing of only 50,000 crore in the remaining period of the current fiscal year to meet expenditure. Finance Ministry said that there will be no change in the net borrowing as envisaged in the Budget for the current financial year.
  2. The Indian government is all set to introduce seaplanes as a new mode of transportation to link small towns in the country before which year?
    A) 2021
    B) 2020
    C) 2019
    D) 2023
    View Answer
      Option C
    Aiming to start commercial seaplane operations before the 2019 general elections, the government is speeding up the process to frame norms for the mode of transport, and has decided to allow them under the regional connectivity scheme. It is also exploring the possibility of allowing single-engine planes.
  3. The Government of India has slashed the interest rates on Small Saving Schemes by ______ basis point (bps) for the fourth quarter of the fiscal (January-March)
    A) 20
    B) 15
    C) 10
    D) 25
    View Answer
      Option A
    The government has reduced the interest rates on small saving schemes, including National Savings Certificates (NSCs), Public Provident Fund (PPF) and Kisan Vikas Patra (KVP), by 0.2 percentage point for the fourth quarter of the fiscal (January-March).
  4. Constantino Chiwenga has recently been sworn in as one of the two Vice Presidents of which country?
    A) Zambia
    B) Botswana
    C) Mozambique
    D) Zimbabwe
    View Answer
      Option D
    Zimbabwe’s former army commander, Constantino Chiwenga, who led a military takeover that helped end Robert Mugabe’s 37-year rule sworn in as one of the country’s two Vice Presidents.
  5. The 25th edition of National Children Science Congress (NCSC-2017) has been inaugurated in which state?
    A) Gujarat
    B) West Bengal
    C) Haryana
    D) Madhya Pradesh
    View Answer
      Option A
    The 25th edition of National Children Science Congress (NCSC-2017) was held Gandhinagar, Gujarat from 27 to 31 December, 2017.
  6. According to the latest government notification, the interest rate applicable on term deposit for a period of one year has been reduced to _____ percent for January-March quarter
    A) 6.7%
    B) 6.6%
    C) 6.5%
    D) 6.4%
    View Answer
      Option B
    The interest rate on the one-year time deposit has been lowered to 6.6 percent for the fourth quarter of the fiscal (January-March) as compared to 6.8 percent in the October-December quarter, whereas the 2-year time deposit will now fetch a lower interest rate of 6.7 percent from 6.9 percent in the previous quarter.
  7. Recently Dr Daljit Singh passed away. He was a noted _____ surgeon
    A) Orthopaedic Surgeon
    B) Neurological Surgeon
    C) Eye Surgeon
    D) Cosmetic and Reconstructive Surgeon
    View Answer
      Option C
    Noted ophthalmologist Dr Daljit Singh has passed away. Dr Daljit Singh was a surgeon, teacher, researcher, activist, poet and later even a politician.
  8. According to the recent government notification, the interest rate on Public Provident Fund (PPF) for fourth quarter of financial year 2017-18 has been pegged at _____ percent
    A) 7.5%
    B) 7.2%
    C) 7.3%
    D) 7.6%
    View Answer
      Option D
    New interest rates for small saving schemes (for January-March) are:
    Public Provident Fund (PPF) – 7.6%
    National Savings Certificates (NSCs) – 7.6%
    Kisan Vikas Patra (KVP) – 7.3%
    Senior Citizen’s Savings Scheme of five-year period – 8.3%
  9. Which among the following has signed a definitive agreement to acquire specified assets of debt-laden Reliance Communications (RCom)?
    A) Tata Docomo
    B) Reliance Jio Infocomm (RJio)
    C) Airtel
    D) Reliance Communications
    View Answer
      Option B
    Mukesh Ambani-led Reliance Jio Infocomm (RJio) has signed a definitive agreement to acquire specified assets of debt-laden Reliance Communications (RCom) and affiliates, controlled by his younger sibling Anil Ambani. The deal is slated to bring relief to RCom which is reeling under debt of around ₹45,000 crore.
  10. The 4-days 100th Annual Conference of the Indian Economic Association has been inaugurated in which state?
    A) Maharashtra
    B) Karanataka
    C) Andhra Pradesh
    D) Kerala
    View Answer
      Option C
    Explanation:President Ramnath Kovind inaugurated the 100th Annual Conference of the Indian Economic Association at Acharya Nagarjuna University in Guntur of Andhra Pradesh. The event will be held for four days.
  11. What is the new interest rate applicable on the Sukanya Samriddhi Yojana for the girl child for the January-March period?
    A) 8.1%
    B) 8.2%
    C) 8.3%
    D) 8.4%
    View Answer
      Option A
    The girl child savings scheme, Sukanya Samriddhi Account, will offer 8.1 per cent against the existing 8.3 per cent annually.
  12. The Standard & Poor’s (S&P), in its Banking Industry Country Risk Assessment (BICRA) report for India, has put the Indian Banking System under group _____ based on its economic health and industry risk criteria
    A) 7
    B) 6
    C) 4
    D) 5
    View Answer
      Option D
    The Indian banking sector has been classified under ‘Group 5’ along with countries such as Italy, Spain, Ireland, the UAE and South Africa by rating agency Standard & Poor’s (S&P) on the basis of their economy and industry risk criteria. The other countries in group ‘5’ are Spain, Ireland, Italy, Panama, Bermuda, Poland, Peru, Qatar, South Africa and the UAE. 
  13. How much amount of loan agreement has been signed between the Government of India and World Bank for U.P. Pro-Poor Tourism Development Project?
    A) USD 60 Million
    B) USD 70 Million
    C) USD 40 Million
    D) USD 50 Million
    View Answer
      Option C
    The Government of India and World Bank have signed an agreement for IBRD Credit of USD 40 Million from World Bank for “U.P. Pro-Poor Tourism Development Project”.
  14. India successfully conducted the third test firing of its indigenously developed AAD supersonic interceptor missile from a test range in Odisha on December 28, 2017. What does AAD stands for?
    A) Attacking Air Defence
    B) Advanced Air Defence
    C) Anti-tank Air Defence
    D) Active Air Defence
    View Answer
      Option B
    India has successfully test-fired its indigenously developed Advanced Air Defence (AAD) supersonic interceptor missile, capable of destroying any incoming ballistic missile in low altitude, from a test range in Odisha. This was the third supersonic interceptor test carried out this year in which an incoming ballistic missile target was successfully intercepted.
  15. What was the theme of the 25th edition of National Children Science Congress (NCSC-2017)?
    A) Science and Innovation for Sustainable Development
    B) Energy: Explore, Harness and Conserve
    C) Know Your Environment.
    D) Harness Water Resources for our Future
    View Answer
      Option A
    The theme of the five-day 25th edition of National Children Science Congress (NCSC-2017)  was ‘Science and Innovation for Sustainable Development’ with the special focus on persons with disabilities.
  16. Name the mobile application launched by the Union Agriculture Minister Radha Mohan Singh which can forewarn farmers about diseases affecting the livestock
    A) Livestock Epidemic Diagnosis –Mobile Application
    B) Forewarning Livestock Epidemic –Mobile Application
    C) Livestock Disease Informatics –Mobile Application
    D) Livestock Disease Forewarning –Mobile Application
    View Answer
      Option D
    Union Agriculture and Farmers’ Welfare Minister, Shri Radha Mohan Singh has launched Livestock Disease Forewarning –Mobile Application (LDF-Mobile App). The app is developed by ICAR-National Institute of Veterinary Epidemiology and Disease Informatics (ICAR-NIVEDI), Bengaluru
  17. The Ministry of housing and urban affairs has recently approved the construction of 5,45,090 more affordable houses under Pradhan Mantri Awas Yojana (Urban) with total investment of Rs ______ crore
    A) Rs. 31,000 cr
    B) Rs. 31,003 cr
    C) Rs. 31,010 cr
    D) Rs. 31,005 cr
    View Answer
      Option B
    Ministry of Housing & Urban Affairs has approved the construction of 5,45,090 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs. 31,003 cr with central assistance of Rs. 8,107 cr. 

Static GK Based on Current Affairs

  1. Ophthalmology is a branch of medicine that deals with diseases related to_____.
    A) Eyes
    B) Heart
    C) Nervous System
    D) Skin
    View Answer
      Option A
    Ophthalmology is the branch of medicine that deals with the anatomy, physiology and diseases of the eyeball and orbit. An ophthalmologist is a specialist in medical and surgical eye disease.
  2. Harare is the capital of
    A) Cambodia
    B) Bolivia
    C) Zimbabwe
    D) Germany
    View Answer
      Option C
  3. The Standard & Poor’s (S&P) are based in_____
    A) Beijing, China
    B) New York, United States
    C) Paris, France
    D) Geneva, Switzerland
    View Answer
      Option B

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