Current Affairs Quiz: March 7, 2017

The Current Affairs Quiz for March 7, 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 exams.

  1. Which bank has launched AI based banking chatbot named EVA?
    A) ICICI Bank
    B) Yes Bank
    C) HDFC Bank
    D) Axis Bank
    View Answer
    Option C
    Explanation
    : HDFC Bank has announced the launch of an electronic virtual assistant (EVA), an artificial intelligence-driven chatbot, for customer services. EVA is India’s first AI-based banking chatbot and can answer millions of customer queries across multiple channels instantly.
  2. Project Ananya was launched by which bank?
    A) United Bank of India
    B) Syndicate Bank
    C) Canara Bank
    D) ICICI Bank
    View Answer
    Option B
    Explanation
    : Syndicate Bank — which is implementing ‘Project Ananya’ (business process re-engineering initiative) — is targeting to transform nearly 10 per cent of its branches as ‘Ananya-transformed’ ones by the end of this month.
  3. Which Bank has won the first prize in radio jingle in in the Collateral Awards Category at the 11th Global Communication Conclave held in Bangaluru?
    A) Canara Bank
    B) Syndicate Bank
    C) UCO Bank
    D) Corporation Bank
    View Answer
    Option A
    Explanation
    : Public sector Canara Bank has won a number of medals in the Collateral Awards Category at the 11th Global Communication Conclave held in Bangaluru by the Public Relations Council of India (PRCI). The bank won a gold medal for a radio jingle and silver medals for Corporate Film and Brochure (CSR). It won bronze medals for its in-house magazine (regional language),corporate advertisement – print, table calendar – 2017 and Big Diary 2017.
  4. Under Employee Stock Option plans (ESOPs) a company allows its employees to buy ____ .
    A) shares/stock of any MSME
    B) its own shares/stock
    C) shares/stock of any PSU Company
    D) None of these
    View Answer
    Option B
    Explanation
    : Finance Ministry has agreed in-principle to allow public sector banks to offer stock options to their employees from next fiscal — a move aimed at retaining experienced hands with better incentives. According to sources, Employee Stock Option plans (ESOPs) could be given by those banks which have not only earned substantial profit but also made remarkable improvement in managing NPAs.
  5. Indian government has approved MoU between India and the United Nations Entity of Gender Equality and the Empowerment of Women (UN-Women) to provide technical support to which ministry?
    A) Ministry of Human Resource Development
    B) Ministry of Labour and Employment
    C) Ministry of Law and Justice
    D) Ministry of Panchayati Raj
    View Answer
    Option D
    Explanation
    : The proposal seeks to provide technical support to the Ministry of Panchayati Raj in strengthening capacities of governance institutions including Panchayati Raj Institutions(PRIs) to better leverage opportunities created for gender equality through legislation, policies and programmes.
  6. India has signed agreement with which of the following country to set up an institutional mechanism to collaborate in areas of electronic manufacturing, ITeS, start-ups, cyber security and e-governance?
    A) Bangladesh
    B) Portugal
    C) Spain
    D) Sri Lanka
    View Answer
    Option B
    Explanation
    : India and Portugal have agreed to set up an institutional mechanism to collaborate in areas of electronic manufacturing, ITeS, start-ups, cyber security and e-governance.
  7. INS Viraat which got decommissioned on 6 March 2017, has served which Navy apart from Indian Navy?
    A) Russian Navy
    B) China Navy
    C) Royal British Navy
    D) US Navy
    View Answer
    Option C
    Explanation
    : INS Viraat was commissioned in Indian Navy in 1987 (so till now 30 years of service to Indian Navy), before that the historic ship served Royal British Navy for 27 long years.
  8. The military training Al Nagah-II 2017 is between Indian and which country?
    A) UAE
    B) Saudi Arabia
    C) Oman
    D) Afghanistan
    View Answer
    Option C
    Explanation
    : Al Nagah-II 2017 is a joint training exercise of the Indian Army and the Royal Army of Oman
  9. Al Nagah-II 2017 has started in which place?
    A) Himachal Pradesh
    B) Rajasthan
    C) Uttarakhand
    D) Punjab
    View Answer
    Option A
    Explanation
    : The joint training exercise of the Indian Army and the Royal Army of Oman, named Al Nagah-II 2017, commenced with the opening ceremony at Bakloh in Chamba district of Himachal Pradesh.
  10. Tribal festival ‘Bhagoria’ is held in which state?
    A) Bihar
    B) Madhya Pradesh
    C) Uttar Pradesh
    D) Rajsthan
    View Answer
    Option B
    Explanation
    : The annual tribal festival ‘Bhagoria’ began in four other districts of Madhya Pradesh from March 6.
  11. How much money has Haryana government allocated for the construction of SYL canal construction?
    A) Rs 150 crore
    B) Rs 200 crore
    C) Rs 500 crore
    D) Rs 100 crore
    View Answer
    Option D
    Explanation
    : Amid a major row with neighbouring Punjab over river water sharing through the SYL canal, the Haryana government has allocated Rs 100 crore in its 2017-18 budget for the construction of the controversial canal.
  12. Vaikom Vijayalakshmi is a playback singer and rare musical instrument player from which state?
    A) Kerala
    B) Tamil Nadu
    C) Andhra Pradesh
    D) Odisha
    View Answer
    Option A
    Explanation
    : Vaikom Vijayalakshmi is a playback singer from Kerala, India. She is an expert in a rare musical instrument called Gayatriveena. Playback singer Vaikom Vijayalakshmi who is visually impaired set a new world record by playing the maximum number of songs in the shortest time on a single string musical instrument.
  13. Which Indian Actress has won the Best Actress Award at International Film Festival and Awards of Australia (IFFAA)?
    A) Alia Bhat
    B) Priyanka Chopra
    C) Deepika Padukone
    D) Aishwarya Rai Bachchan
    View Answer
    Option D
    Explanation
    : Aishwarya Rai Bachchan has been recently honoured with the best actress award for her performance in ‘Sarbjit’ at the International Film Festival and Awards of Australia (IFFAA).
  14. Which country is hosting the Leaders’ Summit of Indian Ocean Rim Association (IORA)?
    A) Malaysia
    B) India
    C) Indonesia
    D) Singapore
    View Answer
    Option C
    Explanation
    : The Indian Ocean Rim Association (IORA) will be celebrating its 20th Anniversary in March 2017. Indonesia, as the current Chair of IORA, will host the first ever IORA Leaders’ Summit on 7 March 2017 in Jakarta under the theme”Strengthening Maritime Cooperation for a Peaceful, Stable, and Prosperous Indian Ocean”.
  15. Rabi Ray who passed away recently was a/an ______.
    A) Singer
    B) Author
    C) Politician
    D) Sportsperson
    View Answer
    Option C
    Explanation
    : Rabi Ray was an Indian socialist politician, a Gandhian, a speaker of the Lok Sabha and a former Union minister. He hailed from Odisha.
  16. Which country’s banking system has become world’s largest banking system by asset size?
    A) Japan
    B) US
    C) China
    D) Russia
    View Answer
    Option C
    Explanation
    : China’s banking system surpassed that of the eurozone, becoming the world’s largest by assets. Chinese bank assets, frequently discussed here and which are also the basis for Kyle Bass’ bearish stance on China, hit $33 trillion at the end of 2016, versus $31 trillion for the eurozone, $16 trillion for the US and $7 trillion for Japan.

 

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