Current Affairs Quiz: February 14, 2017

The Current Affairs Quiz for 14 February 2017 has been framed from various Newspapers of the same day. Check if you have read the Newspaper properly today by answering the questions of our Current Affairs Quiz. It will help you to prepare for various upcoming competitive examinations.

1. Which Indian state has recently launched an “e-prison project”?
   A) Kerala
   B) Telangana
   C) Jammu & Kashmir
   D) Uttar Pradesh
   
   View Answer

   Option C
   Explanation: The Jammu and Kashmir government on 13 February 2017 launched the e-Prison project to enumerate jail inmates in the State, where numbers of detainees keep swelling during unrest.
2. As per new RBI′s instruction Specified bank notes(Demonitised Notes) deposited in the currency chests, since November 10, 2016, will be considered as part of the chest balance in the ________ category but will not be reckoned for calculating Chest Balance Limit / Cash Holding Limit.
   A) functional note
   B) Non-circulating note
   C) soiled note
   D) Preferred Note
   
   View Answer

   Option C
   Explanation: The Reserve Bank of India (RBI) on Monday asked banks to treat the withdrawn currencies in their currency chests deposited since November 9, as ‘soiled.’ The regulator said the old ₨500 and ₨1,000 notes will not be reckoned for calculating chest balance limit or cash holding limit. “Specified bank notes deposited in the currency chests, since November 10, 2016, will be considered as part of the chest balance in the soiled note category but will not be reckoned for calculating Chest Balance Limit / Cash Holding Limit
3. Which Indian firm has entered into a JV with European defence major MBDA Missile Systems to Develop Missiles in India?
   A) Gammon India
   B) HCC Limited
   C) Lanco infra
   D) Larsen & Toubro Limited
   
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   Option D
   Explanation: As per the agreement, L&T will own 51 percent stake in the JV named L&T MBDA Missile Systems while the rest 49 percent the European partner.
4. Who has been appointed as the new Test Captain of England Cricket team after Alastair Cook resigned as the captain.
   A) Joe Root
   B) Ben Stokes
   C) Jos Buttler
   D) Stuart Broad
   
   View Answer

   Option A
5. How much amount has the government allocated to India Post Payments Bank for financial year 2017-18?
   A) Rs 225 Crore
   B) Rs 500 Crore
   C) Rs 800 Crore
   D) Rs 100 Crore
   
   View Answer

   Option B
   Explanation: Government has allocated Rs 500 crore to India Post Payments Bank for financial year 2017-18. Government has allocated Rs 125 crore as “capital infusion into corporate entity for India Post Payments Bank” and Rs 375 crore as “grant in aid to India Post Payments Bank (IPPB)”, as per Output-Outcome Framework for Schemes 2017-18 for the Department of Posts .
6. Which arm of The World Bank has teamed up with Finance Industry Development Council (FIDC) to conduct training programmes for Non Banking Finance Companies (NBFCs)?
   A) International Bank for Reconstruction and Development(IBRD)
   B) International Development Association(IDA)
   C) Multilateral Investment Guarantee Agency(MIGA)
   D) International Finance Corporation (IFC)
   
   View Answer

   Option D
   Explanation: International Finance Corporation (IFC), part of the World Bank Group, has teamed up with Finance Industry Development Council (FIDC) to conduct training programmes for Non Banking Finance Companies (NBFCs). The training programmes will be on ‘movable asset financing’ and ‘commercial credit reporting’.
7. Nomura has predicted India’s GDP growth rate in January-March 2017 at ____ .
   A) 5.8%
   B) 5.7%
   C) 6.6%
   D) 6.2%
   
   View Answer

   Option B
8. India’s first floating elementary school has been inaugurated at which place ?
   A) Assam
   B) Manipur
   C) Kerala
   D) Meghalaya
   
   View Answer

   Option B
   Explanation: Situated about 50 km from Imphal, the school has been inaugurated at Langolsabi Leikai of Champu Khangpok village in Manipur.
9. The 2^nd edition of International Spice Conference was organized in which state?
   A) Tamil Nadu
   B) Kerala
   C) Telangana
   D) Maharashtra
   
   View Answer

   Option B 
10. Who has been appointed as the new President of ASSOCHAM?
    A) Siddhartha Murarka
    B) Sanjiv Ranjan
    C) Bishwadip Dey
    D) Sandeep Jajodia
    
    View Answer

    Option D
11. Name the first Shipyard in India to receive Master Ship Repair Agreement (MSRA) Certification by The US Navy.
    A) Cochin Shipyard , Kerala
    B) Reliance Shipyard Pipavav, Gujarat
    C) Garden Reach Shipbuilders and Engineers, Kolkata
    D) Hindustan Shipyard Limited, Visakhapatnam
    
    View Answer

    Option B
    Explanation: Reliance Shipyard at Pipavav, Gujarat is the first shipyard in India to have received MSRA Certification to undertake servicing and repairing works for the vessels of Seventh Fleet.  Reliance Infrastructure Ltd (RInfra) controlled Reliance Defence and Engineering Ltd (RDEL) has signed Master Ship Repair Agreement (MSRA) with US Navy.
12. Which organization has set up an innovation Hub (iHub) at Hyderabad to provide a creative space where agricultural tech entrepreneurs, scientists and technology experts can collaborate to innovate?
    A) ICRISAT
    B) FAO
    C) IFAD
    D) CABI
    
    View Answer

    Option A
    Explanation: The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has set up iHub to provide “a creative space where agricultural tech entrepreneurs, scientists and technology experts can collaborate to innovate.”
13. Which of the following has become India’s first cashless Township?
    A) Logix Developmental Township
    B) Ansal API NCR Township
    C) Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) township
    D) DLF Group Gujarat Developmental Township
    
    View Answer

    Option C
14. What was the theme for World Radio Day celebrated on 13 February 2017?
    A) Radio is You
    B) Keep Radio Alive
    C) Radio surrounds you
    D) Be with radio
    
    View Answer

    Option A
15. Which movie won the Best Film Award at The 70th British Academy Film Awards?
    A) Arrival
    B) Moonlight
    C) La La Land
    D) Manchester by the Sea
    
    View Answer

    Option C