Dear Readers, Here we have given the Current Affairs GK questions based on the previous days Daily Current Affairs updates. Candidates those who are preparing for IBPS PO/RRB exam and all other Banking exams can use these questions.
Answer: a)
Explanation: The International Day of the World's Indigenous Peoples is observed on August 9 each year to promote and protect the rights of the world's indigenous population. This event also recognizes the achievements and contributions that indigenous people make to improve world issues such as environmental protection. This year’s theme is right to education.
2).The British Council India is to collaborate with the ______ government for promotion of education and culture.
Answer: b)
Explanation: The British Council India is interested in long-term collaboration with the Bihar government for promotion of education and culture.
3)._________ new projects have been sanctioned in the country with the project cost of Rs. 42392.47 crore for various rural electrification works.
Answer: c)
Explanation: Under DeendayalUpadhyaya Gram JyotiYojana (DDUGJY), 4497 new projects have been sanctioned in the country with the project cost of Rs. 42392.47 crore for various rural electrification works.
4).Name the state which has approved 14 proposals including promulgation of two ordinances on rotation of office reservation of the Sarpanch at every general elections and amendment.
Answer: b)
Explanation: Odisha cabinet has approved 14 proposals including promulgation of two ordinances on rotation of office reservation of the Sarpanch at every general elections and amendment of the Odisha Electricity (Duty) Act, 1961.
5).Rajya Sabha passed a bill to amend the Constitution to facilitate rollout of the historic GST amid government's assurance that the tax rates would be kept "as low as possible". What is the full form of GST?
Answer: a)
Explanation: The long-delayed GST Constitution bill was passed by Parliament on Monday, marking a historic step for tax reforms. Prime Minister NarendraModi said GST was "crucial" for ending tax terrorism besides reducing corruption and black money.
6).Which two insurance companies have announced a deal merging their life insurance businesses to create India's largest listed life insurance company with an estimated market value of Rs67,000 crore?
Answer: d)
Explanation: HDFC Standard Life Insurance Company and the Max group entities announced a deal merging their life insurance businesses to create India's largest listed life insurance company with an estimated market value of Rs67,000 crore once the all-share transaction is completed in about 12-15 months.
7).The RBI also left its growth projections for the Indian economy unchanged at _______ for the financial year ending March 31, 2017.
Answer: b)
Explanation: The RBI also left its growth projections for the Indian economy unchanged at 7.6% for the financial year ending March 31, 2017.
8).Name the company which has claimed to be the first cloud-based software provider to offer Goods and Services Tax (GST) ready software suite in India.
Answer: b)
Explanation: Pune-based Deskera, a business software provider in Asia Pacific has claimed to be the first cloud-based software provider to offer Goods and Services Tax (GST) ready software suite in India. In the past, has been a partner in transitioning Singapore and Malaysia to GST model.
9).Government of India permits Foreign Direct Investment (FDI) across the hydrocarbon value chain covering which of the following sector?
Answer: e)
Explanation: The Minister of State (I/C) for Petroleum & Natural Gas ShriDharmendraPradhan informed the LokSabha in a written reply today that the Government of India permits Foreign Direct Investment (FDI) across the hydrocarbon value chain covering the upstream, downstream and midstream sectors.
10).According to Moody's Investors Service, Non-banking finance companies (NBFCs) will benefit from the RBI's decision to herald --------- universal banking licence regime.
Answer: a)
Explanation: Non-banking finance companies will benefit from the Reserve Bank of India's (RBI's) decision to herald 'on tap' universal banking licence regime, Moody's Investors Service.
11).Which pharmaceutical company has received final approval from the US Food & Drug Administration (FDA) to manufacture and market ant-infective drug linezolid injection, 600 mg/300 mL (2 mg/mL)?
Answer: b)
Explanation: AurobindoPharma Limited has received final approval from the US Food & Drug Administration (FDA) to manufacture and market ant-infective drug linezolid injection, 600 mg/300 mL (2 mg/mL). The company expects to launch the product, a generic version of Pharmacia & Upjohn Company’s Zyvox injection, by Q2 FY2016-17.
12).Ledecky from suburban Washington gave the United States its first ____ gold medal of the Rio Olympics, crushing her own world record in the women's 400-meter freestyle.
Answer: b)
Explanation: The unassuming teenager Ledecky from suburban Washington gave the United States its first swimming gold medal of the Rio Olympics on Sunday night, crushing (breaking) her own world record in the women's 400-meter freestyle.
13).Name the former Chief Minister of Arunachal Pradesh who was found dead at the Chief Minister’s official residence.
Answer: b)
Explanation: Congress rebel KalikhoPul, who briefly served as Arunachal Pradesh chief minister, allegedly committed suicide in Itanagar.
14).Name the new social network that is launched by Orkut.
Answer: a)
Explanation: : Orkut co-founder Büyükkökten has launched a new social network called Hello, which is available on mobile only.
15).Name the person who has won the 2016 Commonwealth Chess championship crown recently?
Answer: c)
Explanation: Grandmaster and former world junior champion Abhijeet Gupta has added another feather to his cap by retaining the Commonwealth Chess championship crown. This is the 20th Commonwealth Chess championship and was held in Colombo, Sri Lanka.
1).The International Day of the World's Indigenous Peoples is observed on
a) August 9
b) August 7
c) August 8
d) August 5
Answer: a)
Explanation: The International Day of the World's Indigenous Peoples is observed on August 9 each year to promote and protect the rights of the world's indigenous population. This event also recognizes the achievements and contributions that indigenous people make to improve world issues such as environmental protection. This year’s theme is right to education.
2).The British Council India is to collaborate with the ______ government for promotion of education and culture.
a) New Delhi
d) Maharashtra
e) None of the above
Answer: b)
Explanation: The British Council India is interested in long-term collaboration with the Bihar government for promotion of education and culture.
3)._________ new projects have been sanctioned in the country with the project cost of Rs. 42392.47 crore for various rural electrification works.
Answer: c)
Explanation: Under DeendayalUpadhyaya Gram JyotiYojana (DDUGJY), 4497 new projects have been sanctioned in the country with the project cost of Rs. 42392.47 crore for various rural electrification works.
4).Name the state which has approved 14 proposals including promulgation of two ordinances on rotation of office reservation of the Sarpanch at every general elections and amendment.
c) Uttarakhand
d) Uttar Pradesh
Answer: b)
Explanation: Odisha cabinet has approved 14 proposals including promulgation of two ordinances on rotation of office reservation of the Sarpanch at every general elections and amendment of the Odisha Electricity (Duty) Act, 1961.
5).Rajya Sabha passed a bill to amend the Constitution to facilitate rollout of the historic GST amid government's assurance that the tax rates would be kept "as low as possible". What is the full form of GST?
a) Goods and Services Tax
b) Good Service Tax
c) Goods and Security Tax
d) Goods and Scrutiny test
Answer: a)
Explanation: The long-delayed GST Constitution bill was passed by Parliament on Monday, marking a historic step for tax reforms. Prime Minister NarendraModi said GST was "crucial" for ending tax terrorism besides reducing corruption and black money.
6).Which two insurance companies have announced a deal merging their life insurance businesses to create India's largest listed life insurance company with an estimated market value of Rs67,000 crore?
a) HDFC, Aegon Life Insurance Co. Ltd.
b) Bajaj Allianz Life Insurance Co. Ltd., Max group
c) HDFC, Birla Sun Life Insurance Co. Ltd.
d) HDFC, Max group
Answer: d)
Explanation: HDFC Standard Life Insurance Company and the Max group entities announced a deal merging their life insurance businesses to create India's largest listed life insurance company with an estimated market value of Rs67,000 crore once the all-share transaction is completed in about 12-15 months.
7).The RBI also left its growth projections for the Indian economy unchanged at _______ for the financial year ending March 31, 2017.
Answer: b)
Explanation: The RBI also left its growth projections for the Indian economy unchanged at 7.6% for the financial year ending March 31, 2017.
8).Name the company which has claimed to be the first cloud-based software provider to offer Goods and Services Tax (GST) ready software suite in India.
a) Cypher Cloud
b) Deskera
c) Tata Consultancy Services
d) Infosys
e) InstaCompute – Tata Communication
Answer: b)
Explanation: Pune-based Deskera, a business software provider in Asia Pacific has claimed to be the first cloud-based software provider to offer Goods and Services Tax (GST) ready software suite in India. In the past, has been a partner in transitioning Singapore and Malaysia to GST model.
9).Government of India permits Foreign Direct Investment (FDI) across the hydrocarbon value chain covering which of the following sector?
a) Upstream sector
b) Downstream sector
c) Midstream sector
d) 2 and 3
e) 1, 2 and 3
Answer: e)
Explanation: The Minister of State (I/C) for Petroleum & Natural Gas ShriDharmendraPradhan informed the LokSabha in a written reply today that the Government of India permits Foreign Direct Investment (FDI) across the hydrocarbon value chain covering the upstream, downstream and midstream sectors.
10).According to Moody's Investors Service, Non-banking finance companies (NBFCs) will benefit from the RBI's decision to herald --------- universal banking licence regime.
c) upon tap
e) tap upon
Answer: a)
Explanation: Non-banking finance companies will benefit from the Reserve Bank of India's (RBI's) decision to herald 'on tap' universal banking licence regime, Moody's Investors Service.
11).Which pharmaceutical company has received final approval from the US Food & Drug Administration (FDA) to manufacture and market ant-infective drug linezolid injection, 600 mg/300 mL (2 mg/mL)?
a) Natco Pharma Ltd
b) Aurobindo Pharma Limited
c) Avon organics ltd
e) None of these
Answer: b)
Explanation: AurobindoPharma Limited has received final approval from the US Food & Drug Administration (FDA) to manufacture and market ant-infective drug linezolid injection, 600 mg/300 mL (2 mg/mL). The company expects to launch the product, a generic version of Pharmacia & Upjohn Company’s Zyvox injection, by Q2 FY2016-17.
12).Ledecky from suburban Washington gave the United States its first ____ gold medal of the Rio Olympics, crushing her own world record in the women's 400-meter freestyle.
a) Archery
b) Swimming
e) Weightlifting
Answer: b)
Explanation: The unassuming teenager Ledecky from suburban Washington gave the United States its first swimming gold medal of the Rio Olympics on Sunday night, crushing (breaking) her own world record in the women's 400-meter freestyle.
13).Name the former Chief Minister of Arunachal Pradesh who was found dead at the Chief Minister’s official residence.
a) Nabam Tuki
b) Kalikho Pul
c) Jarbom Gamlin
d) Dorjee Khandu
e) None of these
Answer: b)
Explanation: Congress rebel KalikhoPul, who briefly served as Arunachal Pradesh chief minister, allegedly committed suicide in Itanagar.
14).Name the new social network that is launched by Orkut.
Answer: a)
Explanation: : Orkut co-founder Büyükkökten has launched a new social network called Hello, which is available on mobile only.
15).Name the person who has won the 2016 Commonwealth Chess championship crown recently?
a) Tania Sachdev
b) S L narayanan
c) Abhijeet Gupta
d) Deep Chakravarty
e) None of these
Answer: c)
Explanation: Grandmaster and former world junior champion Abhijeet Gupta has added another feather to his cap by retaining the Commonwealth Chess championship crown. This is the 20th Commonwealth Chess championship and was held in Colombo, Sri Lanka.
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