Current Affairs Quiz: June 28, 2017

Current Affairs Quiz 28 June 2017 

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Quiz from Current Affairs 27 June 2017 of A2ZClick Here to Read Current Affairs of June 27, 2017

  1. Which of the following banks has given IBRD Credit of USD 35 Million for “Assam State Public Financial Institutional Reforms Project”?
    A) Asian Development Bank
    B) Asian Infrastructure Investment Bank
    C) World Bank
    D) International Monetary Fund
    View Answer
    Option C
    Explanation
    :
    India has signed an agreement for IBRD Credit of USD 35 Million with World Bank for “Assam State Public Financial Institutional Reforms Project”.
    The programme size is USD 44 million, of which USD 35 million will be financed by the Bank, and the remaining amount will be funded out of State Budget. The programme duration is 5 years.
  2. Which of the following banks has given a loan of 1950 crore rupees for strengthening of roads in different districts of Uttar Pradesh?
    A) Asian Development Bank
    B) Asian Infrastructure Investment Bank
    C) World Bank
    D) International Monetary Fund
    View Answer
    Option A
    Explanation
    :
    As per agreement, ADB will provide the loan amount for Uttar Pradesh Main District Roads Development Project of 2782 crore rupees cost. State government will spend 832 crore rupees form its own resources on the project.
  3. When was World’s first ATM installed?
    A) June 26, 1967
    B) June 27, 1968
    C) June 28, 1968
    D) June 27, 1967
    View Answer
    Option D
    Explanation
    :
    The first ATM (automated teller machine) was opened on June 27, 1967 and has completed 50 years on June 27, 2017.
  4. Which Bank had installed the World’s first ATM?
    A) Federal Reserve Bank, US
    B) Barclays Bank, London
    C) People’s Bank of China, China
    D) Goldman Sachs Group, US
    View Answer
    Option B
    Explanation
    :
    The first ATM (automated teller machine) was opened on June 27, 1967, at a branch of Barclays bank in Enfield, north London.
  5. Name the inventor of ATM (automated teller machine)?
    A) Donald C. Wetzel
    B) John Shepherd-Barron
    C) Wilfred Barron
    D) Macon D. White
    View Answer
    Option B
    Explanation
    :
    The brainchild of Scottish inventor John Shepherd-Barron, the first ATM (automated teller machine) was opened on June 27, 1967, at a branch of Barclays bank in Enfield, north London. The world’s first ATM was turned into gold for celebrations of its fiftieth anniversary.
  6. India is likely to adopt which fiscal as financial year from 2018?
    A) January to December
    B) February to January
    C) December to September
    D) May to April
    View Answer
    Option A
    Explanation
    :
    India could shift to a January to December financial year from 2018, as the Centre appears set to make the historical transition to end the 150-year-old tradition of an April to March fiscal.
    Madhya Pradesh became the first state to announce shifting of its financial year format to January-December from 2018.
  7. When was the financial year from 1 April to 31 March which is currently in vogue nationally adopted in India
    A) 1864
    B) 1867
    C) 1876
    D) 1881
    View Answer
    Option B
    Explanation
    :
    The financial year from 1 April to 31 March, currently in vogue nationally, was adopted in 1867 principally to align the Indian fiscal with that of the British government. Till then, the financial year in India used to commence on 1 May and end on 30 April of the following calendar year.
  8. Which scheme has been launched by Ministry of Micro, Small and Medium Enterprises further boost Ministry’s efforts towards making Digital India Mission successful?
    A) SAP MSME Scheme

    B) Mission MSME Scheme
    C) Digital MSME Scheme
    D) Success MSME Scheme
    View Answer
    Option C
    Explanation
    :
    Ministry of Micro, Small and Medium Enterprises has launched a Digital MSME Scheme to further boost Ministry’s efforts towards making Digital India Mission successful.
  9. SAP India has signed an MoU with Ministry of Micro, Small and Medium Enterprises to launch which programme?
    A) Bharat ERP
    B) Bharat SAP
    C) Bharat MSME
    D) Bharat KTP
    View Answer
    Option A
    Explanation
    :
    Software major SAP India has signed a memorandum of understanding with the Ministry of Micro, Small and Medium Enterprises (MSME) to jointly launch Bharat ERP — a programme to empower small businesses digitally.
  10. Andhra Pradesh State Government Employees has raised the retirement age from 58 to ___ years
    A) 62
    B) 65
    C) 64
    D) 60
    View Answer
    Option D
    Explanation
    :
    Andhra Pradesh State Government Employees will be working until they attain 60 years as their Retirement has been raised from 58 to 60 Years
  11. Who has been named as the new International Economic Association president?
    A) Meira Kumar
    B) Devendra Rana
    C) Kaushik Basu
    D) Rakesh Verma
    View Answer
    Option C
    Explanation
    :
    The Finance Ministry’s former Chief Economic Advisor Kaushik Basu has taken over as President of the International Economic Association (IEA).
  12. Which country’s men’s & women’s throwball teams have bagged a gold medal each in the World Games, held at Kathmandu, Nepal?
    A) China
    B) Taiwan
    C) India
    D) Netherlands
    View Answer
    Option C
    Explanation
    :
    The Indian men’s & women’s throwball teams bagged a gold medal each in the World Games, held at Kathmandu, Nepal.
  13. Which company has acquired SensoMotoric Instruments, a German computer vision company specialising in augmented reality (AR) and eye tracking?
    A) Apple
    B) Google
    C) Microsoft
    D) Nokia
    View Answer
    Option A
    Explanation
    :
    Apple has confirmed its acquisition of SensoMotoric Instruments, a German computer vision company specialising in augmented reality (AR) and eye tracking.
  14. Which of the following is going to declare China among the world’s worst offenders on human trafficking?
    A) USA
    B) World Bank
    C) Russia
    D) United Nations
    View Answer
    Option A
    Explanation
    :
    The Trump administration is poised to declare China among the world’s worst offenders on human trafficking, putting the world’s most populous country in the same category as North Korea, Zimbabwe and Syria.
  15. Who has been appointed as the new Prime Minister of Romania?
    A) Klaus Iohannis
    B) Mihai Tudose
    C) Baldwin Lonsdale
    D) Mulatu Teshome
    View Answer
    Option B
    Explanation
    :
    Romanian President Klaus Iohannis has appointed Social Democrat Mihai Tudose as Prime Minister and mandated him to form a new government.
  16. Recently who has been designated as the global terrorist by the US?
    A) Sirajuddin Haqqani
    B) Ahmed Abdi Godane
    C) Syed Salahuddin
    D) Nasir Wuhayshi
    View Answer
    Option C
  17. Recently Syed Salahuddin has been designated as the global terrorist by the US. He belongs to which terrorist group?
    A) Taliban
    B) Al-Qaeda
    C) Islamic Jihad Union
    D) Hizb-ul-Mujahideen
    View Answer
    Option D
    Explanation:

    The USA has designated Pakistan-based Hizb-ul-Mujahideen chief Syed Salahuddin as a specially designated global terrorist.
  18. Dhanraj Pillay is going to get conferred with East Bengal football club’s highest honour — Bharat Gaurav. He belongs to which of the following sports?
    A) Cricket
    B) Hockey
    C) Football
    D) Chess
    View Answer
    Option B
    Explanation:
    Former India hockey captain Dhanraj Pillay will be conferred East Bengal football club’s highest honour — Bharat Gaurav — at its foundation day ceremony on August 1.

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