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Current Affairs Quiz

1. Name the UNESCO World Heritage site in China which was in news as a survey report stating that around 30 percent of it was disappeared overtime and around 1185 km of the fortification are in poor condition.
Answer. The Great Wall of China

2. Iran and which countries group reached an agreement on the Iran nuclear programme. The agreement called Joint Comprehensive Plan of Action (JCPA) or Vienna agreement was reached after 17 days of almost uninterrupted negotiations in Vienna.
Answer. P5+1 comprising United States, the United Kingdom (UK), Russia, China, France and Germany

3. Who headed the committee on applicability of minimum alternate tax (MAT) on FIIs?
Answer. AP Shah

4. If a person holding illegal foreign assets abroad and not disclosing it by September 30 will have to liable for tax and penalty of how much per cent of the value of undisclosed asset, rigorous imprisonment up to 10 years and action under Prevention of Money Laundering Act?
Answer. 120 Percent

5. Name the schemes which are determined to create a Skilled India?
Answer. National Skill Development Mission, ‘Pradhan Mantri Kaushal Vikas Yojana’ and the Skill Loan Scheme.

6. Name the north-eastern state which has prohibited permanently the manufacture, storage, sale and distribution of all forms of processed sweet flavored/scented/chewable tobacco.
Answer. Nagaland

7.Government hiked the minimum wage for workers from the existing Rs 137 to how much per day?
Answer. Rs 160

8. How much amomunt in total is planning to be raised from the Tax free bonds by National Highways Authority of India, Indian Railway Finance Corporation, the Housing and Urban Development Corporation and the Indian Renewable Energy Development Agency, NTPC, Rural Electrification Corporation  and Power Finance Corporation?
Answer. Rs 40,000 crore

9. Which city has been ranked 12th in the list of top 20 technology-rich cities in the world, according to a survey conducted by global property consultant Jones Lang LaSalle (JLL)?
Answer. Bangalore

10. The Reserve Bank of India had decided to allow banks to borrow from which institutions for general banking business without seeking the central bank’s approval?
Answer. Global multilateral financial institutions

11. The New Development Bank which is headed by K.V. Kamath is expected commence operations and start financing projects by which year?
Answer. April 2016

12. Who is the second largest shareholder in the Asian Infrastructure Investment Bank’s  with a stake of 8.52 per cent?
Answer. India
Note: China has the largest.

13. Who headed the the Joint Committee on Salaries and Allowances of Members of Parliament which has sought doubling of the salary of MPs from the existing Rs. 50,000 per month?
Answer. BJP MP Yogi Adityanath

14. According to the The Socio Economic and Caste Census 2011 (SECC) data, how much percent of the 884 million people in rural India are illiterate?
Answer. 36 per cent

15. Which telecom operator has launched a pre-paid card linked mobile wallet service speed pay which would allow its customers to transfer money, pay for services as well as withdraw cash of up to Rs. 1 lakh?
Answer. BSNL

16. Which the first state in India where a system to detect earthquakes and disseminate warnings has been installed, which will issue warnings 1-40 seconds before earthquakes of magnitude 5 occur?
Answer. Uttarakhand

17. What is the full form of PPI-MTS?
Answer. Pre-paid Payment Instruments for Mass Transit System

18. What is the population of India on the World Population Day?
Answer. 127,42,39,769 which is growing at a rate of 1.6 per cent a year.

19. Who headed/chaired the panel on on Net neutrality which has recommended that apps offering domestic calling be brought under the regulatory framework prescribed for telecom operators?
Answer.  A.K. Bhargava

20. The Reserve Bank of India has directed banks to ensure that their overall direct lending to farmers should not fall below the average of last how many years?
Answer. Three Years

21. The Reserve Bank of India (RBI) signed a currency swap agreement with the Central Bank of which country,under which the foreign country can draw a maximum of $1.1 billion for a period of up to six months from India?
Answer. Sri Lanka

22. Which country has confirmed its first time participation in the Indian International Fleet Review (IFR) in Visakhapatnam in February 2016?
Answer. China. 

23. Name the British cosmologist who launched the biggest-ever search for intelligent life in the universe in a 10-year, $100-million (143-million-euro) project to scan the heavens?
Answer. Steven Hawking 

24. Who can now invest in National Pension System (NPS) to get a social security cover?
Answer. Non-resident Indians (NRIs)

25. The Union government proposed to strip the Reserve Bank Governor’s veto vote on which policy & to grant itself the power to appoint four of the six members of the mentioned policy Committee?
Answer. India’s monetary policy