Current Affairs Quiz: May 3, 2018

Current Affairs 3 May 2018 Quiz

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Quiz from Current Affairs 2 May 2018 of A2Z – Click Here to Read Current Affairs of May 2, 2018

  1. The Cabinet has approved setting up of new terminal buildings at three Indian Airports soon. Which among the given airports is not one among them?
    A) Gorakhpur
    B) Lucknow
    C) Chennai
    D) Guwahati
    View Answer
      Option A
    Explanation: 
    The Cabinet Committee on Economic Affairs has approved three major infrastructure projects – new terminal buildings at Guwahati, Chennai and Lucknow airports. The decision has been taken with regard to government’s commitment to augment the airport capacity and facilities to match the 20% passenger growth rate and for constantly improving your air-travel experience.
  2. According to the latest data by the World Health Organisation, how many Indian cities have been listed in the list of 20 most polluted cities of the world in terms of PM2.5 levels in 2016?
    A) 10
    B) 14
    C) 8
    D) 17
    View Answer
      Option B
    Explanation: 
    14 Indian cities have been figured in a list of 20 most polluted cities in the world in terms of PM2.5 levels in 2016, according to the data released by the WHO (May 2, 2018). The Indian cities that registered very high levels of PM2.5 pollutants were Delhi, Varanasi, Kanpur, Faridabad, Gaya, Patna, Agra, Muzaffarpur, Srinagar, Gurgaon, Jaipur, Patiala and Jodhpur.
  3. The Government of India has extended the investment limit under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) for senior citizens from Rs 7.5 lakhs to Rs ________ lakhs.
    A) Rs 12 lakhs
    B) Rs 10 lakhs
    C) Rs 15 lakhs
    D) Rs 9 lakhs
    View Answer
      Option C
    Explanation: 
    The Union Cabinet chaired by chaired by Prime Minister Shri Narendra Modi has given its approval for extending the investment limit from Rs 7.5 lakhs to Rs 15 lakhs under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) as part of Government’s commitment for financial inclusion and social security. Besides, the time limits for subscription has also been extended from 4th May 2018 to 31st March, 2020. The move will provide a larger social security cover to the Senior citizens.  It will enable upto Rs.10000 Pension per month for Senior Citizens.
  4. Based on the report of the BMI Research, a Fitch group company, what is the projected growth rate of India’s GDP for the fiscal 2018-19?
    A) 7.6%
    B) 7.4%
    C) 7.5%
    D) 7.3%
    View Answer
      Option D
    Explanation:
    According to a BMI Research, a Fitch group company, the economic growth in India is expected to strengthen to 7.3% in financial year 2018-19 from 6.6 per cent in fiscal 2017-18, on the back of robust activity from construction, manufacturing, and services sectors.
  5. The Government’s Agri umbrella scheme “Green Revolution – Krishonnati Yojana” has been extended for a period ending__________
    A) March 2020
    B) March 2019
    C) January 2020
    D) December 2019
    View Answer
      Option A
    Explanation: 
    The Cabinet has given its approval for the Umbrella Scheme, “Green Revolution – Krishonnati Yojana” in agriculture sector beyond 12th Five Year Plan for the period from 2017-18 to 2019-20. The Schemes will be continued with an expenditure of Rs.33,269.976 crore from central government for three financial years, i.e., 2017-18, 2018-19 and 2019-20.The Umbrella scheme comprises of 11 Schemes/Missions.
  6. Name the newly appointed Chairman of the Insurance Regulatory and Development Authority of India (IRDAI).
    A) T.S.Vijayan
    B) Subhash Chandra Khuntia
    C) Karnal Singh
    D) Nilesh Shivji Vikamsey
    View Answer
      Option B
    Explanation: 
    The Appointments Committee of Cabinet (ACC) has approved the appointment of former IAS officer Subhash Chandra Khuntia as the new chairman of the Insurance Regulatory and Development Authority of India (IRDAI). His appointment will be for a period of three years or till the age of 65 years, whichever is the earliest.
  7. The Cabinet has approved to restructure the Multi-sectoral Development Programme (MsDP) as ______________ for the remaining period of the 14th Finance Commission.
    A) Pradhan Mantri Jeev Vikas Karyakram
    B) Pradhan Mantri Janta Vikas Karyakram
    C) Pradhan Mantri Jeevan Viskas Karyakram
    D) Pradhan Mantri Jan Vikas Karyakram
    View Answer
      Option D
    Explanation: 
    The Cabinet Committee on Economic Affairs has approved the proposal for renaming and restructuring of Multi-sectoral Development Programme (MsDP) as Pradhan Mantri Jan Vikas Karyakram (PMJVK). CCEA has also approved its continuation during the remaining period of the 14th Finance Commission.
  8. Name the Indian state which has recently launched a month long water conservation campaign named ‘Sujalam Sufalam Water Conservation Campaign’ to overcome the water shortage scenario in the state.
    A) Rajasthan
    B) Punjab
    C) Gujarat
    D) Madhya Pradesh
    View Answer
      Option C
    Explanation: 
    The Gujarat government initiated a month-long state-wide water conservation campaign, on the occasion of the state’s Foundation Day on May 1, aiming to conserve an additional 1,100 million cubic feet of rain water. The project, named ‘Sujalam Sufalam Water Conservation Campaign’, was officially launched by Chief Minister Vijay Rupani by desalting a pond at Kosamdi village in Anklesvar tehsil of Bharuch district.
  9. The government has approved to extend the Pradhan Mantri Swasthya Suraksha Yojana beyond 12th Five Year Plan for a period ending March 2020. The total expenditure for this scheme for three years is _____________
    A) Rs 14,832 crore
    B) Rs 15,832 crore
    C) Rs 16,832 crore
    D) Rs 17,832 crore
    View Answer
      Option A
    Explanation: 
    The Cabinet gave its nod to continuation of Pradhan Mantri Swasthya Suraksha Yojana beyond 12th Five Year Plan for a period 2017-18 to 2019-20. The financial outlay for this purpose is Rs 14,832 crore. Under this 20 new AIIMS and up-gradation of 73 medical college will be undertaken.
  10. Which country has achieved the top spot in the latest ICC ODI Team Rankings?
    A) India
    B) England
    C) South Africa
    D) New Zealand
    View Answer
      Option B
    Explanation: 
    England has overtaken India to seize the top spot in the MRF Tyres ICC ODI team rankings following the annual update, while Nepal has rejoined the T20I ratings. England, who last topped the ODI rankings in January 2013, have gained 8 points and moved to 125 points. India, who were at the top before the update, have lost a solitary point and are in second place with a total of 122 points.
  11. The first ever meeting of the National Committee to plan for the Commemoration of the 150th Birth Anniversary of Mahatma Gandhi was held on May 2, 2018. The head of this committee is________
    A) Finance Minister
    B) Vice-President of India
    C) Prime Minister of India
    D) President of India
    View Answer
      Option D
    Explanation: 
    The President of India, Shri Ram Nath Kovind, chaired the first meeting of the National Committee for the Commemoration of the 150th Birth Anniversary of Mahatma Gandhi, at Rashtrapati Bhavan on May 2, 2018. The Committee has a total of 125 members, including 116 from India and nine international members.The birth anniversary of the Father of the Nation will be commemorated from 2nd October, 2019 to 2nd October, 2020.
  12. The Union Government has decided to establish India’s second biggest airport in which of the following states?
    A) Maharashtra
    B) Kerala
    C) Goa
    D) Karnataka
    View Answer
      Option C
    Explanation: 
    The Union Government has announced to develop the country’s biggest airport, after only to Mumbai, in Mopa district of Goa. A joint team of the Airports Authority of India (AAI) and Commerce Logistics Department will visit Goa on May 7-8, 2018 to facilitate the development of cargo hubs at the new airport to be constructed at Mopa in Goa.
  13. The India- South Africa business summit which concluded recently was held in which city?
    A) Johannesburg
    B) New Delhi
    C) Cape Town
    D) Mumbai
    View Answer
      Option A
    Explanation: 
    Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu, attended India- South Africa business summit from April 29-30,2018 in Johannesburg, South Africa. The visit began with a series of bilateral meetings. At the end of the tour the Minister met the Indian diaspora and said that they are a bridge between the two countries for more than 150 years and the diaspora is a great hope for the future of economic and commercial cooperation.
  14. As per the recent data of the government, the renewable energy sector in India added more capacity than the conventional power in the fiscal 2017-18. Which among the following is not a renewable energy?
    A) Solar
    B) Wind
    C) Bio-Fuel
    D) Thermal
    View Answer
      Option D
    Explanation: 
    For the first time in the country, the renewable energy sector has added more capacity than the conventional power — thermal, gas and nuclear — in 2017-18. The renewable energy sector which includes solar, wind and bio-fuel, has added 11,788 MW of capacity to the grid in FY18. Though the renewable energy capacity addition fell short of its target (14,510 MW) for the fiscal, it exceeded the capacity added by conventional segment which stood at 9,505 MW, according to the data provided by Union Ministry of New and Renewable Energy.
  15. Recently, which bank has appointed Radhakrishnan Nair as an Additional (Independent) Director on Banks’s board for a period of 5 years?
    A) Axis Bank
    B) ICICI Bank
    C) HDFC Bank
    D) Kotak Mahindra Bank
    View Answer
      Option B
    Explanation:
    Former IRDAI member Radhakrishnan Nair has been appointed to ICICI Bank’s board as an Additional (Independent) Director for a period of five years. His appointment is subjected to the approval of shareholders.

Static GK Based on Current Affairs

  1. The Insurance Regulatory and Development Authority of India (IRDAI) is located in_____
    A) New Delhi
    B) Hyderabad
    C) Mumbai
    D) Lucknow
    View Answer
      Option B
    Explanation:
    The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999, an Act of Parliament passed by the Government of India. The agency’s headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001
  2. What is the currency of South Africa?
    A) South African dollar
    B) South African pula
    C) South African rand
    D) South African peso
    View Answer
      Option C
    Explanation:

    Capitals: Cape Town
    Currency: South African rand
  3. The Airports Authority of India (AAI) was founded on________
    A) April 1, 1995
    B) July 1, 1999
    C) March 1, 1992
    D) December 1, 1998
    View Answer
      Option A
  4. The World Health Organisation is located at___________
    A) Paris, France
    B) Vienna, Austria
    C) New York, United States
    D) Geneva, Switzerland
    View Answer
      Option D
    Explanation:
    It was established on 7 April 1948 headquartered in Geneva, Switzerland. 

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