Current Affairs Quiz: March 16, 2017

The Current Affairs Quiz for March 16, 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 exam.

Quiz from Current Affairs 15 March 2017 of A2Z – Click Here to Read Current Affairs of March 15, 2017

  1. SBI and CREDAI has entered into an MoU for three years for the development of _____ .
    A) Real Estate Sector
    B) Public Sector Banks
    C) Urban Poors
    D) Automobile Sector
    View Answer
    Option A
    Explanation
    : The State Bank of India (SBI) and the Confederation of Real Estate Developers’ Associations of India (CREDAI) have entered into a memorandum of understanding (MoU) for a period of three years to work towards development of the real estate sector.
    Established in 1999, CREDAI is the apex body representing 11,500 private Real Estate developers spread across 23 state level chapters and 168 cities in India. CREDAI is a not-for-profit company registered under Section 25 of Companies Act, 1956.
  2. SBi has decided to infuse Rs ____ into its Credit Card Joint Venture of SBI Cards & Payment Services and GE Capital Business Process Management Services Ltd.
    A) Rs 1,790,04 crore
    B) Rs 2,250.04 crore
    C) Rs 1,160.04 crore
    D) Rs 1,3,56.04 crore
    View Answer
    Option C
    Explanation
    : The SBI announced that the executive committee of its central board (ECCB) has approved infusion of additional capital up to Rs 1,160.04 crore in credit card JV companies — SBI Cards & Payment Services and GE Capital Business Process Management Services Ltd.
  3. State Bank of India has announced One Time Settlement (OTS) scheme for tractors loans worth Rs ___.
    A) Rs 5,000 crore
    B) Rs 4,000 crore
    C) Rs 6,000 crore
    D) Rs 7,000 crore
    View Answer
    Option C
    Explanation
    : State Bank of India (SBI) has announced a one-time farm loan settlement scheme worth Rs 6,000 crore primarily for tractors. “One Time Settlement (OTS) announced for #Agriculture #Loans! Scheme valid until 31st March.
  4. HDFC bank has launched 3-minutes digital loan against securities service. What is the maximum loan that a person can avail under this scheme?
    A) Rs 10 lakh
    B) Rs 15 lakh
    C) Rs 20 lakh
    D) Rs 25 lakh
    View Answer
    Option C
    Explanation
    : In an industry first, HDFC Bank launched digital Loan against Securities (LAS) allowing customers to avail loans in less than 3 minutes. C ustomers can avail a minimum loan of Rs 1 lakh and maximum loan up to Rs 20 lakh under this facility. Banks normally disburse 50 per cent of the value of pledged shares as loan.
  5. HDFC Bank has tied up with ____ for the 3-minutes digital loan against securities service?
    A) CDSL
    B) NSDL
    C) UTI
    D) RBI
    View Answer
    Option B
    Explanation
    : For this, the bank has tied up with National Securities Depository Ltd (NSDL). Shares dematerialised by NSDL and executed through HDFC Bank demat account could be used for pledging.
  6. NBFC Finova Capital will disburse loan of how much amount to the Indian MSME sector in 2017?
    A) Rs. 220 Crore
    B) Rs. 200 Crore
    C) Rs. 150 Crore
    D) Rs. 100 Crore
    View Answer
    Option D
    Explanation
    : Finova Capital, the NBFC licensed by the Reserve Bank of India (RBI) announced its target of disbursing loans worth Rs. 100 Crore in 2017 to the Indian MSME sector.
  7. The ‘International Vision Zero Conference’ on Occupational, Safety and Health has been organized in which place?
    A) Maharashtra
    B) New Delhi
    C) West Bengal
    D) Rajasthan
    View Answer
    Option B
    Explanation
    : The international conference on the VISION ZERO and its relevance to Occupational Safety and Health (OSH), is being organized from 15th to 17th, March 2017 at Vigyan Bhavan, New Delhi by Directorate General Factory Advice and Labour Institutes (DGFASLI), Government of India, Ministry of Labour and Employment and German Social Accident Insurance (DGUV), Germany in association with International Social Security Association (ISSA).
  8. Where is the headquarter of International Social Security Association (ISSA) located?
    A) London, UK
    B) New York, US
    C) Washington DC, US
    D) Geneva, Switzerland
    View Answer
    Option D
    Explanation
    : The International Social Security Association (ISSA) is an international organization bringing together national social security administrations and agencies. Founded in 1927, the ISSA has more than 330 member organizations in 160 countries. It has its headquarters in Geneva, Switzerland.
  9. Krishi Unnati Mela 2017 has been organized in?
    A) Mumbai
    B) New Delhi
    C) West Bengal
    D) Andhra Pradesh
    View Answer
    Option B
    Explanation
    : PM Narendra Modi inaugurated ‘Krishi Unnati Mela’- the National Level Agriculture Fair-cum-Exhibition in New Delhi today. Hon’ble Prime Minister conferred Krishi Karman Awards.
  10. The Trade Infrastructure for Export Scheme (TIES) will be implemented from April 1, 2017 has a total outlay of ___ for 3 years.
    A) Rs 200 crore
    B) Rs 300 crore
    C) Rs 600 crore
    D) Rs 900 crore
    View Answer
    Option C
    Explanation
    : Launched by Commerce and Industry Minister Nirmala Sitharaman, the Trade Infrastructure for Export Scheme (TIES) seeks to bridge the infrastructure gap and provide forward and backward linkages to units engaged in trade activities. The scheme, to be implemented from April 1, would have a budgetary allocation of Rs 600 crore for three years with an annual outlay of Rs 200 crore.
  11. Who has been appointed as the new Chief Minister of Manipur?
    A) Joykumar Singh
    B) Thongam Biswajit
    C) Langpoklakpam Jayentakumar
    D) Nongthombam Biren Singh
    View Answer
    Option D
    Explanation
    : Ending 15 years of Congress rule in Manipur, BJP leader Nongthombam Biren Singh was sworn in as the state’s chief minister in Imphal. Joykumar Singh of the National People’s Party was sworn in as the deputy chief minister at the Raj Bhawan in Imphal.
  12. Bihar state has decided to its entire adult population with Aadhaar Card by which date?
    A) May 31, 2017
    B) March 31, 2017
    C) June 30, 2017
    D) July 31, 2017
    View Answer
    Option B
    Explanation
    : Bihar plans to link with Adhaar its entire adult population by March 31 to launch online payment to beneficiary of different schemes
  13. On 15 March 2017, test match cricket completed ___ years.
    A) 100
    B) 120
    C) 130
    D) 140
    View Answer
    Option D
    Explanation
    : The first ever Test match was played on March 15, 1877 between Australia and England at the Melbourne Cricket Ground.
  14. Shashank Manohar recently resigned from the post of Chairman of ____.
    A) BCCI
    B) ICC
    C) MCA
    D) ICA
    View Answer
    Option B
    Explanation
    : Shashank Manohar has resigned as ICC Chairman with immediate effect and leaves vacant the top position in world cricket. Manohar has stepped down from his post due to ‘personal reasons’.
  15. Which country has become the fastest nation to play 100 Cricket Test Match?
    A) Zimbabwe
    B) Bangladesh
    C) Sri Lanka
    D) West Indies
    View Answer
    Option B
    Explanation
    : Bangladeshi team, which also became the 10th nation to play 100 Tests, took 16 years, 4 months and 6 days to achieve the feat, surpassing Sri Lanka’s record of 18 years, 3 months and 29 days.

 

Current Affairs Quiz from Today’s Newspaper (16 March 2017) – The Hindu

  1. Which Airport has topped the airport list at the annual Skytrax World Airport Awards?
    A) Tokyo International Airport
    B) Incheon International Airport
    C) Singapore Changi Airport
    D) Hong Kong International Airport
    View Answer
    Option C
    Explanation
    : The world’s best airports have been named in the annual Skytrax World Airport Awards and Singapore’s Changi Airport has come in at first place for the fifth year in a row.
  2. Which airport has been awarded the SKYTRAX Award for ‘Best Airport in India and Central Asia’ by air-travellers?
    A) Delhi Internation al Airport (DIAL)
    B) Kempegowda International Airport (KIA)
    C) Chennai International Airport
    D) Jaipur International Airport
    View Answer
    Option A
    Explanation
    : Best Airport in India and Central Asia: Delhi Internation al Airport (DIAL)
    Best Regional Airport in India and Central Asia : Kempegowda International Airport (KIA)
  3. The Government will amend the EPF scheme to enable around 4 crore members of the retirement fund body EPFO to withdraw up to ____ of their fund for making down payments while buying homes.
    A) 80%
    B) 90%
    C) 70%
    D) 60%
    View Answer
    Option B
    Explanation
    : Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 per cent of their fund for making down payments while buying homes
  4. Recently a Sukhoi Jet Crashed in Rajasthan. It was a Sukhoi ___ aircraft.
    A) Su-KR-860
    B) Su-27MKI
    C) Su-30MKI
    D) Su- 24MKI
    View Answer
    Option C
    Explanation
    : This is the seventh crash of a Su-30MKI aircraft since their induction in 1997.
  5. Nongthombam Biren Singh who has sworn in as the CM of Manipur, was a national level player of which sports?
    A) Cricket
    B) Hockey
    C) Football
    D) Tennis
    View Answer
    Option C
    Explanation
    : Football
  6. Union Cabinet has increased the DA from 2% to 4% effective from?
    A) April 1, 2017
    B) January 1, 2017
    C) May 1, 2017
    D) January 1, 2018
    View Answer
    Option B
    Explanation
    : The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a 2% increase in dearness allowance (DA) from January 1, 2017.
  7. As per the data of Government India’s contribution to the United Nations in 2015-16 was ____.
    A) Rs 500 crore
    B) Rs 300 crore
    C) Rs 244 crore
    D) Rs 180 crore
    View Answer
    Option C
    Explanation
    : India’s contribution to the United Nations rose 55 per cent to Rs 244 crore in 2015-16 compared with the previous fiscal
  8. Pakistan is planning to declare the strategic Gilgit-Baltistan as a province of Pakistan. It will be the ___ province of Pakistan.
    A) 4th
    B) 5th
    C) 6th
    D) 7th
    View Answer
    Option B
    Explanation
    : Fifth
  9. The recently announced Trade Infrastructure for Export Scheme (TIES) will replace which of the following scheme?
    A) TReDS
    B) TRADE
    C) ASIDE
    D) ARISE
    View Answer
    Option C
    Explanation
    : The scheme, named Trade Infrastructure for Exports Scheme (TIES), will come into force in the next financial year and will replace a similar initiative called ASIDE (Assistance to States for Infrastructure Development of Exports).ASIDE was discontinued in 2015-16, when the states’ share of the Centre’s net tax revenues was increased to 42% from 32%, in line with the 14th Finance Commission’s recommendations.
  10. Jet Airways has entered into a pact with which of the following to to help the airline’s passengers book a cab while reserving tickets on the Jet Airways app.
    A) Uber
    B) Ola
    C) TaxiForSure
    D) Reliance Cab
    View Answer
    Option A
    Explanation
    : Uber

 

 

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