Current Affairs Quiz: December 30, 2017

Current Affairs 30 December 2017 Quiz

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Quiz from Current Affairs 29 December 2017 of A2Z – Click Here to Read Current Affairs of December 29, 2017

  1. Who has been elected as the new President of Liberia?
    A) Ellen Johnson Sirleaf
    B) George Weah
    C) Joseph Boakai
    D) Alex J. Tyler
    View Answer
      Option B
    Explanation:
    The former football star George Weah has won Liberia’s presidential election, defeating the vice-president, Joseph Boakai, in a runoff with 61.5% of the vote.
  2. Name the first ever foreign investment management company that has received the RBI’s nod to start the first foreign owned asset reconstruction company (ARC) in India
    A) KKR & Co
    B) JPMorgan Chase & Co
    C) BlackRock, Inc.
    D) Fidelity Investments
    View Answer
      Option A
    Explanation: 
    US buyout giant KKR & Co has become the first foreign investor to fully own an asset reconstruction company (ARC) in India as it received approval from the Reserve Bank of India at a time when lenders are fighting with a pile of bad loans that have crippled their businesses.
  3. Based on the data by the IMF, India which remained the fastest growing major economy in 2016 became the  _______fastest growing major economy in 2017
    A) Fourth
    B) Fifth
    C) Third
    D) Second
    View Answer
      Option D
    Explanation:
    Finance minister Arun Jaitley has announced that despite the slowdown in 2016-17, as per the IMF, India was the fastest growing major economy in 2016 and second fastest growing major economy in 2017 in the world.
  4. The eighth edition of the Indo-Maldives joint military exercise, ‘Ekuverin’ being conducted in ______concluded on December 28, 2017
    A) Maharashtra
    B) Goa
    C) Karnataka
    D) Telangana
    View Answer
      Option C
    Explanation:
    The two-week long eighth edition of the Indo-Maldives joint military exercise, ‘Ekuverin’, came to an end at Belagavi, Karnataka. ‘Ekuverin’ means ‘friends’ in the Maldivian language. The exercise has been held alternatively in India and Maldives since 2009.
  5. Who has won the 2017 World Rapid Chess Championship?
    A) Vladimir Fedoseev
    B) Viswanathan Anand
    C) Magnus Carlsen
    D) Murali Karthikeyan
    View Answer
      Option B
    Explanation:
    India’s ace chess player Viswanathan Anand won the World Rapid Chess tournament title in Saudi Arabia by beating Russia’s Vladimir Fedoseev 2-0 in a two-game tie-break. Saudi Arabia hosted the world chess tournament for the first time.
  6. What is the rank of India among the list of countries having the highest level of non-performing assets (NPA) according to the latest report by CARE Ratimgs?
    A) 2nd
    B) 10th
    C) 7th
    D) 5th
    View Answer
      Option D
    Explanation:
    According to a report by CARE Ratings, India has the highest level of non-performing assets (NPA) among BRICS countries and is ranked 5th on a list of countries with the highest levels of NPAs. The only countries ranked higher than India on the list are Greece, Italy, Portugal, and Ireland in order
  7. As per the recent data of the Comptroller General of Accounts (CGA), India’s fiscal deficit for the first eight months (April-November) of 2017-18 was pegged at _____ percent of the full year’s target.
    A) 112 percent
    B) 98 percent
    C) 122 percent
    D) 86 percent
    View Answer
      Option A
    Explanation:
    The data furnished by the Comptroller General of Accounts (CGA) showed that India’s budgetary fiscal deficit for the first eight months (April-November) of 2017-18 stood at 112 per cent — Rs 6.12 lakh crore — of the full year’s target of Rs 5.46 lakh crore.
  8. Which state is set to inaugurate the first ever International Sweet Festival in January 2018?
    A) Kerala
    B) Tamil Nadu
    C) Telangana
    D) Andhra Pradesh
    View Answer
      Option C
    Explanation:
    Featuring more than 1,000 sweets, an international sweet festival will be held in Hyderabad, Telangana for the first time ever. Telangana Tourism is planning to hold a mammoth inter-State sweet festival where the most popular delicacies from each State will be offered in various varieties.
  9. The 2017-18 budgetary fiscal deficit had been pegged at Rs _______ lakh crore
    A) Rs 6.12 lakh crore
    B) Rs 5.46 lakh crore
    C) Rs 5.34 lakh crore
    D) Rs 6.46 lakh crore
    View Answer
      Option B
    Explanation:
    The 2017-18 deficit — the difference between revenue and expenditure — has been pegged at Rs 5.46 lakh crore for 2017-18, as compared to the deficit of Rs 5.34 lakh crore for the last fiscal
  10. Who among the following has been honored with the 2017 Golden Peacock Award for Risk Management under the Sector – “Insurance (General)?
    A) HDFC ERGO General Insurance Company
    B) Future Generali India Insurance Company
    C) DHFL General Insurance Limited
    D) Cholamandalam MS General Insurance Company Limited
    View Answer
      Option D
    Explanation:
     Cholamandalam MS General Insurance Company Limited has been awarded the prestigious “Golden Peacock Award for Risk Management” for the year 2017. 

Static GK Based on Current Affairs

  1. Indo-Maldives joint military exercise, ‘Ekuverin’ is held annually since____
    A) 2010
    B) 2009
    C) 2007
    D) 2011
    View Answer
      Option B
    Explanation: ‘Ekuverin’ means ‘friends’ in the Maldivian language. The Indo-Maldives joint military exercise, Ekuverin has been held alternatively in India and Maldives since 2009.
  2. The Golden Peacock Awards are given in recognition of _____
    A) Literature
    B) Startups
    C) Corporate Excellence
    D) Films
    View Answer
      Option C
    Explanation:
    The Golden Peacock Awards were instituted in 1991 by the Institute of Directors (IOD), now regarded as a benchmark of Corporate Excellence worldwide, are presented annually to recognise the best corporates through competition.
  3. The 2017 World Rapid and Blitz Chess Championship was hosted by which country?
    A) Saudi Arabia
    B) India
    C) United States
    D) France
    View Answer
      Option A
  4. Who is the Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance?
    A) S.Cornelius Jabaraj
    B) Ram Swaroop Suman
    C) Arjun Ram Meghwal
    D) Anthony Lianzuala
    View Answer
      Option D
    Explanation:
    The Government of India had appointed Mr. Anthony Lianzuala, a 1982-batch Indian Civil Accounts Service (ICAS) Officer, as the new Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance with effect from May 1, 2017
  5. What is the capital of Liberia?
    A) Gaborone
    B) Monrovia
    C) Praia
    D) Accra
    View Answer
      Option B
    Explanation:
    Currency-Liberian dollar

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