Current Affairs Quiz: May 5, 2018

Current Affairs 5 May 2018 Quiz

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Quiz from Current Affairs 4 May 2018 of A2Z – Click Here to Read Current Affairs of May 4, 2018

  1. With which among the following institutions, India has requested financial assistance of $ 4 billion in a move to expand its sovereign and non-sovereign operations in the country?
    A) Asian Development Bank (ADB)
    B) World Bank
    C) International Monetary Fund (IMF)
    D) Asian Infrastructure Investment Bank (AIIB)
    View Answer
      Option A
    Explanation:
    India has requested the Asian Development Bank (ADB) to expand its sovereign and non-sovereign operations in the country by providing financial assistance worth $4 billion a year and support its sustainable growth.
  2. In its 27th GST Council Meeting, the government has decided to make GSTN a complete government owned entity. Currently the central government holds___________ stake in GSTN
    A) 51%
    B) 49%
    C) 24.5%
    D) 40%
    View Answer
      Option C
    Explanation:
    Finance Minister Arun Jaitley chaired the 27th GST (Goods and Services Tax) Council meeting through video conferencing in New Delhi on May 4. The Council decided to convert GSTN into a government-owned company, with the centre and states holding a 50% stake each. At present, 51% stake is held by private entities, valued at Rs 5.1 crore, with the centre and the states holding 24.5% each.
  3. The Power Grid Corporation of India (PGCIL) has signed a pact with the Ministry of Power to incur capital expenditure of Rs________ crore for 2018-19
    A) Rs 15,000 crore
    B) Rs 20,000 crore
    C) Rs 10,000 crore
    D) Rs 25,000 crore
    View Answer
      Option D
    Explanation:
    State-run Power Grid Corporation of India (PGCIL) has inked a pact with the Ministry of Power to incur capital expenditure of Rs.25,000 crore for the current fiscal.
  4. Recently the government has set up NWIC as a single window source of updated data on water resources. Expand NWIC.
    A) National Water Information Centre
    B) National Water Informatics Centre
    C) National Water Indicating Centre
    D) National Water Instructing Centre
    View Answer
      Option B
    Explanation: 
    Ministry of Water Resources, River Development and Ganga Rejuvenation has recently set up National Water Informatics Centre (NWIC) in New Delhi. NWIC would be a repository of nation-wide water resources data and would work as a Subordinate Office under the Ministry of Water Resources, River Development and Ganga Rejuvenation.The centre would be headed by a Joint Secretary level officer.
  5. NITI Aayog has partnered with entity to make use of Artificial Intelligence (AI) in agriculture?
    A) Google
    B) Microsoft
    C) IBM
    D) Apple
    View Answer
      Option C
    Explanation:
    NITI Aayog and IBM signed a Statement of Intent (SoI) to develop a crop yield prediction model using Artificial Intelligence (AI) to provide real time advisory to farmers in Aspirational Districts.
  6. Digital Champions Programme has been launched by which organisation  to share knowledge about digital solutions with the youth of the nation?
    A) Reliance Jio
    B) Amazon
    C) Google
    D) Paytm
    View Answer
      Option A
    Explanation:
    Reliance Jio has introduced `Digital Champions`, a five-week student learning programme aimed at empowering today`s youth with the knowledge of leveraging digital technologies for businesses in the digital age.
  7. Who has been appointed as the acting chief justice of the Punjab and Haryana High Court w.e.f May 4?
    A) R. Subhash Reddy
    B) Hemant Gupta
    C) Dilip Babasaheb Bhosale
    D) Ajay Kumar Mittal
    View Answer
      Option D
    Explanation:
    Justice Ajay Kumar Mittal has been appointed as the acting chief justice of the Punjab and Haryana  High Court with effect from May 4.
  8. Which state has decided to make use of plastic waste for construction of ‘sugarcaneroads’ which connects cane fields to the nearest mill?
    A) Punjab
    B) Uttar Pradesh
    C) Haryana
    D) Jharkhand
    View Answer
      Option B
    Explanation: 
    The sugarcane department in Uttar Pradesh, the country’s largest sugarcane and sugar producer, is soon to make use of plastic waste for construction of ‘sugarcaneroads’ for cutting costs and promoting green technology. ‘Sugarcane road’ is the name given to a road constructed by the UP sugarcane department linking cane fields to the nearest mill or highways for faster movement of the cash crop.
  9. The government of India has recently signed an agreement with which country to cooperate on information exchange for narcotics drug control?
    A) Sri Lanka
    B) Nepal
    C) Bangladesh
    D) Malaysia
    View Answer
      Option A
    Explanation:
    India and Sri Lanka has agreed on cooperation on exchange of information and other aspects to tackle smuggling of drugs in both countries.
  10. The 12th informal meeting of SAARC Finance Ministers was held in which of the following countries?
    A) London, United Kingdom
    B) Tehran, Iran
    C) Manila, Philippines
    D) Kathmandu, Nepal
    View Answer
      Option C
    Explanation: 
    The 12th informal meeting of SAARC Finance Ministers was held in Manila on the sidelines of the 51st Annual Meeting of Asian Development Bank (ADB). The meeting was chaired by Finance Minister of Nepal Yuba Raj Khatiwada.
  11. Manish Raniga has recently assumed the charge of Chief Commercial Officer of which airlines?
    A) Jet Airways
    B) IndiGo
    C) SpiceJet
    D) GoAir
    View Answer
      Option D
    Explanation:
    Manish Raniga, former vice-president for commercial strategy with Jet Airways, has joined low fare carrier GoAir as its Chief Commercial Officer. 
  12. Which among the following Nobel Prize has been suspended from being given in the year 2018?
    A) Mathematics
    B) Economics
    C) Literature
    D) Peace
    View Answer
      Option C
    Explanation: 
    The Nobel Prize in Literature, the world’s most prestigious accolade for writing, will not be awarded this year, for the first time since 1949 in the wake of a sexual and financial misconduct scandal. The Swedish Academy, that decides the Nobel Prize for Literature, will now announce the 2018 winner along with the 2019 winner next year.

Static GK Based on Current Affairs

  1. Who is the current President of IBM?
    A) Charles Ranlett Flint
    B) Ginni Rometty
    C) Larry Ellison
    D) Jeff Henley
    View Answer
      Option B
    Explanation:
    IBM is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. 
  2. The headquarter of GoAir is in____________
    A) Mumbai
    B) Gurugram
    C) Hyderabad
    D) Kolkata
    View Answer
      Option A
    Explanation:
    GoAir is a low-cost carrier based in Mumbai, India. It is owned by the Indian business conglomerate Wadia Group.
  3. Name the President of the Asian Development Bank.
    A) Taro Aso
    B) Luky Eko Wuryanto
    C) Danny Alexander
    D) Takehiko Nakao
    View Answer
      Option D
    Explanation:
    The Asian Development Bank is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines.

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