Current Affairs Quiz: December 31, 2017

Current Affairs 31 December 2017 Quiz

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Quiz from Current Affairs 30 December 2017 of A2Z – Click Here to Read Current Affairs of December 30, 2017

1. How much amount of financial assistance has been sanctioned by the central government for the development of inland transport sector of Assam?
   A) Rs 1250 crore
   B) Rs 1200 crore
   C) Rs 1275 crore
   D) Rs 1225 crore
   
   View Answer

     Option A
   Explanation: The Centre has sanctioned 1250 crore rupees for the development of transport sector of Assam. This is Road Transport, Highways and Shipping Ministry’s decision to provide financial assistance for the all-round development of the inland transport sector of the state. 
2. The government of India has recently infused an amount of Rs ______ crore in 6 weak public sector banks to help them meet their equity requirements
   A) Rs 8,588 crore
   B) Rs 5,555 crore
   C) Rs 6,566 crore
   D) Rs 7,577 crore
   
   View Answer

     Option D
   Explanation: Coming to the rescue of ailing banks, the Centre has pumped in capital of ₹7,577 crore in 6 weak public sector banks. Bank of India, IDBI Bank, Uco Bank, Bank of Maharashtra, Dena Bank and Central Bank of India have received equity through preferential issue of shares with two of them informing stock exchanges about the decision.
3. The 78th session of the Indian History Congress was held in which city?
   A) Hyderabad
   B) Kolkata
   C) Bhopal
   D) New Delhi
   
   View Answer

     Option B
   Explanation: The three-day long 78th session of the Indian History Congress has begun at the Jadavpur University campus in Kolkata. The aim of conducting the Indian History Congress is for promotion and encouragement of the scientific study of Indian History, holding Congresses and publishing proceedings, bulletins, memoirs, journals and other works
4. Name the public sector bank which has entered into an agreement with National e-Governance Services Limited (NeSL) to use its Information Utility Services envisaged under the Insolvency and Bankruptcy Code, 2016.
   A) Bank of Baroda
   B) Syndicate Bank
   C) Allahabad Bank
   D) Union Bank of India
   
   View Answer

     Option C
   Explanation: Allahabad Bank has entered into an agreement with state-run National e-Governance Services Limited (NeSL) for utilizing the latter’s Information Utility Services envisaged under the Insolvency and Bankruptcy Code, 2016. NeSL, owned by the government, is the first Information Utility entity registered by Insolvency and bankruptcy Board of India under IBBI (IU) Regulations, 2017.
5. How much amount of compensation has been released by the government of India to states for the revenue loss to states post GST implementation between July-October?
   A) Rs 25,500 crore
   B) Rs 24,500 crore
   C) Rs 30,500 crore
   D) Rs 27,500 crore
   
   View Answer

     Option B
   Explanation: Centre told Parliament that the revenue loss to states on account of GST implementation was Rs 24,500 crore between July-October and the Centre has released compensation to make up for it. As per the details of GST compensation released to states as on November 30, Karnataka got maximum compensation from the Centre at Rs 3,271 crore, followed by Gujarat (Rs 2,282 crore) and Punjab (Rs 2,098 crore).
6. Name the well known creater and writer of the popular “Alphabet Series” based mystery novels who passed away recently
   A) Sue Grafton
   B) Patricia Cornwell
   C) Sara Paretsky
   D) Louise Penny
   
   View Answer

     Option A
   Explanation: Sue Grafton, author and creator of the Alphabet Series of mystery novels, has passed away at age 77. She was dealing with cancer for the last two years.
7. The government has approved an amount of Rs _____crore for providing internet connectivity to people in all gram panchayats under BharatNet project
   A) Rs 4,022 crore
   B) Rs 4,000 crore
   C) Rs 4,066 crore
   D) Rs 4,077 crore
   
   View Answer

     Option C
   Explanation: The government has approved ₹4,066 crore for providing internet connectivity to people in all gram panchayats under BharatNet project. The government is rolling BharatNet project to provide high-speed broadband connectivity at gram panchayat (GP) levels. The government plans to connect all GPs with high-speed broadband by March 2019.
8. Name the player to win gold medal at the 61st National Shooting Championship Competitions (NSCC) in men’s 50m pistol event
   A) Amanpreet Singh
   B) Jai Singh
   C) Omkar Singh
   D) Jitu Rai
   
   View Answer

     Option D
   Explanation: In Shooting, ace Indian marksman Jitu Rai won the Men’s 50-metre pistol national title, setting a new record score of 233 at the 61st National Shooting Championships in Thiruvananthapuram.
9. Which state government has announced to provide 24 hours free power supply to farmers of the state from the midnight of December 31, being the first Indian state to do so?
   A) Haryana
   B) Telangana
   C) Karnataka
   D) Punjab
   
   View Answer

     Option B
   Explanation: Telangana is going to create history by becoming the first state in the country offering free power to farmers 24 hours a day. Farmers in Telangana will get 24-hour free power supply from the midnight of December 31.
10. A mobile museum showcasing the life journey of which religious saint has been flagged off by the state government of Madhya Pradesh as a part of the Ekatm Yatra launched in the state?
    A) Chaitanya Mahaprabhu
    B) Gopala Bhatta Goswami
    C) Adi Shankaracharya
    D) Dayanand Saraswati
    
    View Answer

      Option C
    Explanation: As part of the Ekatm Yatra, Madhya Pradesh Chief Minister Shivraj Singh Chouhan flagged off a mobile museum, showcasing various aspects of the life of Adi Shankaracharya, from the home of the saints mother near Kochi, Kerala. The journey of the mobile museum Adi Shankara Sandesh Vahini, is being organised to propagate the philosophy and teachings of Adi Shankaracharya among the youth.

Static GK Based on Current Affairs

11. Who is the Union Minister of Road Transport and Highways?
    A) Nitin Gadkari
    B) Prakash Javadekar
    C) D.V. Sadananda Gowda
    D) Gopinath Munde
    
    View Answer

      Option A
12. Allahabad Bank is located in_____
    A) New Delhi
    B) Mumbai
    C) Kolkata
    D) Mysuru
    
    View Answer

      Option C
13. The state run National E–Governance Services Limited (NeSL) has been registered as an Information Utility (IU) entity under ____
    A) IBBI (Information Utilities) Regulations, 2016
    B) IBBI (Information Utilities) Regulations, 2017
    C) IBBI (Information Utilities) Regulations, 2015
    D) IBBI (Information Utilities) Regulations, 2014
    
    View Answer

      Option B
    Explanation:The Insolvency and Bankruptcy Board of India (IBBI) registered National E–Governance Services Limited (NeSL) on September 27, 2017 as an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017. This registration is valid for five years from the date of registration.
14. The 61st National Shooting Championship Competitions (NSCC) was held in which state?
    A) Indore, Madhya Pradesh
    B) Kolkata, Wes Bengal
    C) Hyderabad, Telanaga
    D) Thiruvananthapuram, Kerala
    
    View Answer

      Option D
15. The great Indian philosopher, Adi Shankara, was born in which state of India?
    A) Tamil Nadu
    B) Kerala
    C) Andhra Pradesh
    D) Karnataka
    
    View Answer

      Option B

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