Important Current Affairs GK Quiz for IBPS PO Exams 2016

August 19, 2016    

Important Current Affairs GK Quiz for IBPS PO Exams (18th August 2016):
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.

1).Which state’s government will call an Assembly session to pass the Constitution Amendment Bill on Goods and Services Tax?
a) Gujarat
b) Telangana
c) West Bengal
e) Madhya Pradesh


Answer: b)
Explanation: Telangana government will call an Assembly session this month to pass the Constitution Amendment Bill on Goods and Services Tax, state Finance Minister Etela Rajender said.

2).The Uttar Pradesh government has approved a Metro Rail project recently for which city?
a) Allahabad
b) Ghaziabad
e) None of the above


Answer: a)
Explanation: The Uttar Pradesh government has approved a Metro Rail project for Allahabad. Work is already underway on the Metro Rail in Lucknow and the Detailed Project Report for Varanasi and Kanpur has already been approved.

3).Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines launched e-bidding web portals to enhance transparency in power transmission sector of the country. Which is/are not one of them?
a) TARANG Mobile App
b) e-Trans
d) 1 and 3
e) All are correct


Answer: e)
Explanation: Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines launched the ‘TARANG’ Mobile App, ‘e-Trans’ & ‘DEEP’ e-bidding web portals to enhance transparency in power transmission sector of the country.

4).India and Bangladesh has agreed to jointly produce a documentary on the ____________war which led to independence for Bangladesh.
e) None of the above


Answer: b)
Explanation: Shri M Venkaiah Naidu, Minister for Information and Broadcasting has said that information dissemination is critical to counter terrorism which is a common issue plaguing both India and Bangladesh. Both Ministers agreed to collaborate to jointly produce a documentary on the 1971 War of Independence of Bangladesh.

5).Which bank is planning to tap retail investors to issue additional tier I bonds (AT1) to strengthen capital adequacy ratio?
a) Bank of India
b) Indian Overseas Bank
c) Yes Bank
e) Bank of Baroda


Answer: a)
Explanation: In a move to broad-base sources of capital, Public sector lender Bank of India plans to tap retail investors to issue additional tier I bonds (AT1) to strengthen capital adequacy ratio.

6).Name the Indian private banks which have been occupied the top six slots amongst global banks along with their Chinese peers China Construction Bank Corp (CCB), Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China (ABC).
a. HDFC Bank
b. Axis Bank
c. Yes Bank
d. ICICI Bank
a) Only a, b and d
b) Only b, c and d
c) Only a, b and c
d) All are true


Answer: a)
Explanation: Indian private banks HDFC Bank, Axis Bank and ICICI Bank along with their Chinese peers China Construction Bank Corp (CCB), Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China (ABC) occupy the top six slots amongst global banks on key return ratios, namely return on equity (or shareholders' funds) (RoE) and return on assets (RoA)

7).The Telangana Drinking Water Supply Project (Mission Bhagiratha) has got approval for sanction of ________loans by a consortium of eight banks, led by Andhra Bank.
a) Rs. 7,750 crore
b) Rs. 6,750 crore
c) Rs. 6,850 crore
d) Rs. 9,450 crore
e) Rs. 3,780 crore


Answer: b)
Explanation: The Telangana Drinking Water Supply Project (Mission Bhagiratha) has got approval for sanction of Rs. 6,750 crore loans by a consortium of eight banks, led by Andhra Bank.

8).Which smartphone seller will start manufacturing handsets in India soon announced by the company recently?


Answer: d)
Explanation: Huawei, the world's third largest smartphone seller, will start manufacturing handsets in India soon, details of which will be announced in about a month.

9).Which organisation has developed a simple, user friendly, quick and cost effective kit for onsite determination of Cr (VI), which meets IS10500 as well as EPA criterion?
c) IISC Bangalore


Answer: a)
Explanation: BARC has developed a simple, user friendly, quick and cost effective kit for onsite determination of Cr (VI), which meets IS10500 as well as EPA criterion.

10).The number of web users in India will see a two-fold rise at ___________by 2020 against 350 million at the end of 2015, a latest report said.
a) 730 million
b) 710 million
c) 830 million
d) 630 million
e) None of the above


Answer: a)
Explanation: Buoyed (risen up) by Internet penetration in rural areas, the number of web users in India will see a two-fold rise at 730 million by 2020 against 350 million at the end of 2015, a latest report said. India, whose Internet user base is second largest after China, will remain the fastest growing market, according to 'The Future of Internet in India' report by NASSCOM and Akamai Technologies.

11).Name the player who has won the only medal India has been able to win at the 31st Olympiad.  She is the only Indian woman wrestler to have ever won a medal at the Olympic Games.
a) Geeta Phogat
b) Sakshi Malik
c) Geeta Singh
d) Geetika Jakhar
e) None of the above


Answer: b)
Explanation: Sakshi Malik, has won the only medal India has been able to win at the 31st Olympiad. She clinched the bronze in the Women's Freestyle 58kg category with a spirited comeback victory over Aisuluu Tynybekova of Kyrgyzstan. She is the only Indian woman wrestler to have ever won a medal at the Olympic Games.

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Important Current Affairs GK Quiz for IBPS PO Exams 2016 4.5 5 Yateendra sahu August 19, 2016 Important  Current Affairs GK Quiz for  IBPS PO Exams  (18th August 2016) : Dear Readers, Here we have given the Current Affairs GK ques...


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