Current Affairs Quiz 2 July 2017 

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Quiz from Current Affairs 01 July 2017 of A2Z – Click Here to Read Current Affairs of July 01, 2017

1. Being proposed after how many years is the GST (Goods and Services Tax) regime launched in the country?
   A) 16
   B) 17
   C) 19
   D) 15
   
   View Answer

    Option B
   Some Extra:
   The Goods and Services Tax (GST) was first proposed 17 years ago, when the then Prime Minister Atal Bihari Vajpayee formed a GST committee.
   
2. The GST (Goods and Services Tax) Council has reduced the tax rate on fertiliser to ___ % from earlier 12%.
   A) 5
   B) 6
   C) 9
   D) 7
   
   View Answer

    Option A
   Some Extra:
   GST Council has reduced the tax rate on fertiliser to 5 per cent from previously decided 12 per cent.
   
3. Which of the following special web page for the Goods and Services Tax been launched by the Press Information Bureau for all information on the new tax regime?
   A) http://pib.com/gst
   B) http://pib.in/gst
   C) http://pib.nic.com/gst
   D) http://pib.nic.in/gst
   
   View Answer

    Option D
   Some Extra:
   The webpage on GST is a one-stop platform for all information on the new tax regime. It contains press releases issued till date on the Goods and Services Tax (GST) in both Hindi and English.
   The webpage can be accessed on http://pib.nic.in/gst
   
4. The Election Commission of India (ECI) has launched Nation wide a month long Special Drive from 1st July for maximization of registration of eligible electors. It will run through which date?
   A) 15th July 2017
   B) 15th August 2017
   C) 31st July 2017
   D) 31st August 2017
   
   View Answer

    Option C
   Some Extra:
   It is a month long drive, starting from 1st July – 31st July.
   The Election Commission of India (ECI) has launched Nation wide a month long Special Drive from 1st July for maximization of registration of eligible electors with focus on left out eligible young citizens in age group of 18-19 and removal of names of registered dead electors, if any, from electoral rolls.
   
5. During the special drive by the Election Commission of India (ECI) for maximization of registration of eligible electors from July 1 to July 31, which form is to be submitted for enrolment of new electors?
   A) Form 15G
   B) Form 6
   C) Form 8
   D) Form 15H
   
   View Answer

    Option B
   Some Extra:
   During the Special enrolment Drive, which will be completed by 31st July 2017, special attention would be given on following two activities by election officials in all States –

   1. Receiving Form 6 for enrolment of new electors,
   2. Removal of names of registered dead electors, if found any.

6. For launching National Biopharma Mission aimed at accelerating biopharmaceutical development in the country, which of the following programme is being launched?
   A) Innovate India
   B) Innovative India
   C) Innovation in India
   D) Innovate in India 
   
   View Answer

    Option D
   Some Extra:
   Science and Technology Minister Harsh Vardhan has launched the National Biopharma Mission aimed at accelerating biopharmaceutical development in the country.
   The programme is named Innovate in India (i3).
   
7. The programme named Innovate in India (i3) under National Biopharma Mission aimed at accelerating biopharmaceutical development in the country, which of the following banks will give loan amount of USD 125 million?
   A) International Monetary Fund
   B) Asian Infrastructure Investment Bank
   C) Asian Development Bank
   D) World Bank
   
   View Answer

    Option D
   Some Extra:
   The programme named Innovate in India (i3) will witness an investment of USD 250 million with USD 125 million as a loan from World Bank.
   
8. Which state of India hosted the India’s first mega textiles trade fair, Textiles India 2017 from June 30-July 2, 2017?
   A) Gujarat
   B) Rajasthan
   C) Delhi
   D) Assam
   
   View Answer

    Option A
   Some Extra:
   In order to mark the positioning of an annual textile trade event in India that is a part of the annual global calendar of the trade, a mega international event – Textile India 2017, is being organised by the Ministry of Textiles, Government of India, from June 30-July 2, at Mahatma Mandir, Gandhi Nagar, Gujarat.
   
9. Which of the following states has launched MSME Development Corporation with a corpus fund of Rs 100 crore?
   A) Arunachal Pradesh
   B) Assam
   C) Andhra Pradesh
   D) Rajasthan
   
   View Answer

    Option C
   Some Extra:
   The Andhra Pradesh government has launched the AP MSME Development Corporation with a corpus fund of Rs 100 crore to promote micro small and medium enterprises (MSME) in the State.
   
10. Which of the following has launched AAE-1, world’s longest 100Gbps submarine cable system?
    A) Vodafone
    B) Nokia
    C) Reliance Jio
    D) Microsoft
    
    View Answer

     Option C
    Some Extra:
    Reliance Jio has launched AAE-1, world’s longest 100Gbps submarine cable system
    
11. Which of the following microfinance institution has launched an end-to-end cashless solution called Saathi, for operations in areas such as loan originating system, etc?
    A) Svatantra Microfin
    B) Fusion Microfin
    C) Grama Vidiyal Microfin
    D) Swadhaar Microfin
    
    View Answer

     Option A
    Some Extra:
    Mid-sized microfinance institution Svatantra Microfin, has launched an end-to-end cashless solution called Saathi, for an entire spectrum of operations in areas such as loan originating system, loan management system and collections.
    
12. Who has been appointed as the new Director General of the Indo-Tibetan Border Police (ITBP)?
    A) P.B. Sharma
    B) R.K. Pachnanda
    C) K.K. Venugopal
    D) TS Vineeth Bhatt
    
    View Answer

     Option B
    Some Extra:
    This is mainly due to GST coming into effect from July 1, so another huge set of data would be generated and give a richer data base.
    
13. Name the writer who has bagged Indian of the Year award by Brands Academy?
    A) Radhika Apte
    B) Preeti Shenoy
    C) Arundhati Roy
    D) Neelima Azeem
    
    View Answer

     Option B
    Some Extra:
    Writer Preeti Shenoy was honoured with the Indian of the Year award. Shenoy, who is one of India’s top five highest selling women authors, was awarded by Brands Academy, one of the most reputed branding companies in India to recognise the achievements of personalities who have contributed towards building up the reputation of the country.
    
14. When is National Doctors Day observed?
    A) June 29
    B) June 30
    C) July 2
    D) July 1
    
    View Answer

     Option D
    Some Extra:
    According to the data released by Zurich-based SNB, money parked by Indians in Swiss banks have nearly halved to 676 Swiss francs (about Rs. 4,500 crore) in 2016.
    
15. To honour whom, the National Doctors  day is celebrated in the country?
    A) Dr A. Lakshmanaswami Mudaliar
    B) Dr Bidhan Chandra Roy
    C) Dr Anupam Niranjana
    D) Dr. Rajagopalan Krishnan
    
    View Answer

     Option B
    Some Extra:
    In India the National Doctors’ Day is celebrated on July 1 all across India to honour the legendary physician and the second Chief Minister of West Bengal, Dr Bidhan Chandra Roy.
    
16. Name the first woman elected to lead the European Parliament in 1979.
    A) Simone Veil
    B) Kathy Sinnott
    C) Nessa Childers
    D) Deirdre Clune
    
    View Answer

     Option A
    Some Extra:
    Simone Veil, who was the first woman elected to lead the European Parliament in 1979 has passed away.
    
17. For the year starting July 1, the UN General Assembly (UNGA) has kept its peacekeeping budget at?
    A) $570 million
    B) $590 million
    C) $7.3 billion
    D) $7.5 billion
    
    View Answer

     Option C
    Some Extra:
    The assembly’s powerful budget committee agreed to a $7.3 billion budget for 14 peacekeeping missions for the year starting July 1, a $570 million cut from the current budget of $7.87 billion.
    
18. The UN General Assembly (UNGA) announced its peacekeeping budget at $7.3 billion. India shares what percent of the peacekeeping budget?
    A) 0.253
    B) 0.447
    C) 0.235
    D) 0.474
    
    View Answer

     Option B
    Some Extra:
    India’s share is 0.474 per cent of the peacekeeping budget. US foots 28 per cent of the peacekeeping budget.
    
19. How much amount has India contributed to UN Peacebuilding Fund for the upcoming year starting July 1, 2017?
    A) $500 bn
    B) $500 mn
    C) $500K
    D) $5000K
    
    View Answer

     Option C
    Some Extra:
    India has contributed $500,000 to the UN Peacebuilding Fund, expressing hope that more funding by nations will boost efforts by the world body to build and sustain peace.
    
20. Energy Efficiency Services Limited (EESL) has signed a Memorandum of Understanding (MoU) which country’s National Energy Services Company to implement energy efficiency programmes in the later?
    A) South Africa
    B) Saudi Arabia
    C) United Arab Emirates
    D) Bahrain
    
    View Answer

     Option B
    Some Extra:
    Energy Efficiency Services Limited (EESL), under the administration of Ministry of Power, has signed a Memorandum of Understanding (MoU) with National Energy Services Company, Kingdom of Saudi Arabia to implement energy efficiency programmes and scale-up demand side measures in the Gulf country.
    
21. Which of the following Bollywood movie will be the opening movie at the 2017 Indian Film Festival of Melbourne (IFFM)?
    A) Pink
    B) Neerja
    C) Lipstick Under My Burkha
    D) Hindi Medium
    
    View Answer

     Option C
    Some Extra:
    Lipstick Under My Burkha, which was deemed too “lady oriented” by India’s censor board, will be the opening movie at the 2017 Indian Film Festival of Melbourne (IFFM). Director: Alankrita Shrivastavas
    

    Static GK related to Today’s Current Affairs
    

22. Dr Bidhan Chandra Roy, to honor whom the National Doctors Day is observed around India was the second Chief Minister of which India State?
    A) Andhra Pradesh
    B) Rajasthan
    C) West Bengal
    D) Madhya Pradesh
    
    View Answer

     Option C
    Some Extra:
    In India the National Doctors’ Day is celebrated on July 1 all across India to honour the legendary physician and the second Chief Minister of West Bengal, Dr Bidhan Chandra Roy.
    
23. Who is the present head (President) of UN General Assembly (UNGA)?
    A) Mogens Lykketoft
    B) Peter Thomson
    C) John W. Ashe
    D) Sam Kutesa
    
    View Answer

     Option B
    Some Extra:
    Peter Thomson of Fiji had been elected as the United Nations General Assembly President of its 71st session beginning in September 2016.
    Parent organization: United Nations
    
24. What was the initial funding target of United Nations Peacebuilding Fund (PBF) established in 2006 by the UN Secretary General?
    A) $250 million
    B) $100 million
    C) $150 million
    D) $200 million
    
    View Answer

     Option A
    Some Extra:
    The United Nations Peacebuilding Fund (PBF) is a multi-year standing trust fund for post-conflict peacebuilding, established in 2006 by the UN Secretary General at the request of the UN General Assembly with an initial funding target of $250 million.
    
25. What is the currency of Saudi Arabia?
    A) riyal
    B) dinar
    C) dirham
    D) riel
    
    View Answer

     Option A
    
26. What is the capital of Saudi Arabia?
    A) Manama
    B) Baghdad
    C) Moscow
    D) Riyadh
    
    View Answer

     Option D
    
27. Who is the director of “Lipstick Under My Burkha”?
    A) Saket Chaudhary
    B) Alankrita Shrivastavas
    C) Aniruddha Roy
    D) Nitesh Tiwari
    
    View Answer

     Option B
    
28. Where is the Headquarters of Svatantra Microfin located?
    A) Mumbai
    B) New Delhi
    C) Bhopal
    D) Coimbatore 
    
    View Answer

     Option A
    
29. Who is the Chief Election Commissioner of India?
    A) Dr. Nasim Zaidi
    B) S. Y. Quraishi
    C) H. S. Brahma
    D) V. S. Sampath
    
    View Answer

     Option A
    
30. Where is the headquarters of Election Commission of India located?
    A) Mumbai
    B) New Delhi
    C) Bhopal
    D) Coimbatore 
    
    View Answer

     Option B
    
31. What is the authorized capital of “Goods and Services Tax” Network (GSTN)?
    A) Rs 8 crore
    B) Rs 12 crore
    C) Rs 10 crore
    D) Rs 5 crore 
    
    View Answer

     Option C
    
32. Which was the first state to ratify the Good and Services Tax bill on 12 August 2016?
    A) Assam
    B) Gujarat
    C) Haryana
    D) Bihar
    
    View Answer

     Option A
    Some Extra:
    On 12 August 2016, Assam became the first state to ratify the bill, when the Assam Legislative Assembly unanimously approved it.
    
33. How many states till July 1 have not ratified the Good and Services Tax bill?
    A) 4
    B) 3
    C) 1
    D) 5
    
    View Answer

     Option D
    Some Extra:
    The states which have not ratified the bill:
    Jammu and Kashmir
    Karnataka
    Kerala
    Manipur
    West Bengal
    

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