Important Current Affairs GK Quiz for IBPS RRB/Clerk Exams 2016

Important Current Affairs GK Quiz for IBPS RRB/Clerk Exams (8th December 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 RRB/Clerk exam and all other Banking exams can use these questions.

1).Information and Broadcasting Minister M Venkaiah Naidu inaugurates 4th Bi-Annual Photo Exhibition in which among the following Indian cities?

a) Mumbai

b) Vadodara

c) Ahmadabad

d) Kolkata

e) New Delhi

Answer: e)
Explanation: Information and Broadcasting Minister M Venkaiah Naidu has said that though written and spoken words are essential for communication, however sometimes, pictures can make a point even more powerfully. Inaugurating 4th Bi-Annual Photo Exhibition of All India Working News Cameramen’s association at Lalit Kala Academy in New Delhi.

2).Name the Chief Executive Officer of Prasar Bharati who inaugurated Prasar Bharati archives sales counter at Akashwani Bhawan in New Delhi.

a) Ajay Trivedi

b) Subramanyam Pandey

c) S C Panda

d) Siddhardh Chatuvedi

e) Vikram Malhotra

Answer: c)
Explanation: Chief Executive Officer of Prasar Bharati S C Panda today inaugurated Prasar Bharati archives sales counter at Akashwani Bhawan in New Delhi. Speaking on the occasion, Mr. Panda said, the newly built structure is expected to fulfill the objectives of bringing the archival assets of All India Radio and Doordarshan to public domain through it's commercially released Audio CDs, Video CDs and DVDs.

3).Government has decided to waive service tax on debit and credit card transactions up to ______ rupees to promote digital transactions.

a) 1500

b) 2000

c) 2500

d) 3000

e) None of these

Answer: b)
Explanation: Government has decided to waive service tax on debit and credit card transactions up to 2,000 rupees to promote digital transactions following demonetisation of old high value currency notes. The exemption will be applicable for the amount in a single transaction. A notification to this effect was tabled by Finance Minister Arun Jaitley in the Lok Sabha today. The government has been taking steps to promote cashless or digital transactions to move India towards a less-cash economy.

4).Name the mobile application that is launched by Indian army that facilitates route guidance on a Google map to any chosen service facility.

a) Veterans Outreach

b) Sainik Bal

c) Suraksha Jaruri

d) Route Guidance

e) None of these

Answer: a)
Explanation: The Indian Army has launched a mobile application 'Veterans Outreach App', The app was launched by Army chief General Dalbir Singh Suhag. The app facilitates route guidance on a Google map to any chosen service facility.

5).The India-UK Conference on Ease of Doing Business has been jointly inaugurated by Secretary, Ministry of Commerce and Industry of India and British High Commissioner Dominic Asquith in New Delhi. Name the Secretary, Ministry of Commerce and Industry of India.

a) Girish Shankar

b) Ramesh Abhishek

c) Amitabh Kanth

d) Abishek Verma

e) None of these

Answer: b)
Explanation: The India-UK Conference on Ease of Doing Business has been jointly inaugurated today by Secretary, Ministry of Commerce and Industry, Ramesh Abhishek and British High Commissioner Dominic Asquith in New Delhi.The two day conference will act as an opportunity to enhance the strategic bilateral partnership between the two countries to the next level.

6).The 5th India-Arab Partnership Conference, with an objective to enhance the economic relations between India and Arab countries, will be in which among the following cities from 14th of this month.

a) Kuwait City

b) Dhoa

c) Tripoli

d) Riyadh

e) Muscat

Answer: e)
Explanation: The 5th India-Arab Partnership Conference, with an objective to enhance the economic relations between India and Arab countries, will be in Muscat and Oman from 14th of this month. Indian Ambassador to Cairo, Sanjay Bhattacharyya has said in Cairo that, the two-day conference is jointly organised by the Oman Foreign Ministry, Arab League Secretariat and the Ministry of External Affairs in India.

7).Arunachal Pradesh State Co-operative Apex Bank on 7 December 2016 launched Mobile Banking Service named SIMsePaY. The service was launched in collaboration with which among the following private sector banks?

a) ICICI Bank

b) Yes Bank

c) Axis Bank

d) HDFC Bank

e) None of these

Answer: b)
Explanation: Arunachal Pradesh State Co-operative Apex Bank on 7 December 2016 launched Mobile Banking Service named SIMsePaY. The service was launched in collaboration with the Yes Bank Ltd.The SIMsePaY service was launched by the State Industries and Cooperation Minister Tamiya Taga is aimed at helping bank customers’ in their cash crunch problem.

8).After the fifth bi-monthly monetary policy review by Reserve Bank of India the Marginal Standing facility Rate was set at

a) 6.25%

b) 5.75%

c) 6.75%

e) 20.75%

Answer: c)
Explanation: RBI Policy Rate's: Repo Rate: 6.25%; Reverse Repo Rate: 5.75%; Marginal Standing Facility Rate: 6.75%; Bank Rate: 6.75%; CRR: 4%; SLR: 20.75%.

9).Who takes charge as Goalkeeping Coach of India Under-21 hockey team?

a) PR Sreejesh

b) Ajay Kumar

c) Mithili Chandran

d) Mrunali Raj

e) None of these

Answer: a)
Explanation: Indian field hockey player PR Sreejesh on 8 December 2016 took over as goalkeeping mentor of the India Under-21 team.The decision was taken when the home team is all set to compete in the Junior World Cup title after a prolonged 15-year wait

10).Who was appointed as U.S. envoy to China by Trump?

a) Terry Branstad

b) Bill Walker

c) Doug Ducey

d) Asa Hutchinson

e) None of these

Answer: a)
Explanation: U.S. President-elect Donald Trump has selected Iowa Governor Terry Branstad as his incoming government's ambassador to China. "Branstad has a tremendous understanding of China and the Chinese people and is someone who very much impressed the President-elect.

11).Which among the following banks has bagged the ‘Best MSME Bank Award (private sector) 2016’ instituted by Assocham?

a) Andhra Bank

b) Bank of Maharashtra

c) Karnataka Bank

d) Vijaya Bank

e) Syndicate Bank

Answer: c)
Explanation: Karnataka Bank Ltd has bagged the ‘Best MSME Bank Award (private sector) 2016’ instituted by Assocham. Union Minister of State for MSME Haribhai Parathibhai Chaudhary handed over the award. The Karnataka Bank Limited is a major banking institution based in the coastal city of Mangaluru in Karnataka, India.

12).Michael Jordan has been named the highest-paid athlete of all time by Forbes, with $1.7 billion in earnings. He plays which among the following sports?

a) Volley Ball

b) Foot Ball

c) Basket Ball

d) Tennis

e) Cricket

Answer: c)
Explanation: Former basketball player Michael Jordan has been named the highest-paid athlete of all time by Forbes, with $1.7 billion in earnings. His cumulative salary over 15 seasons is $93 million, with Nike paying him over $100 million for the Jordan brand this year. Tiger Woods, Lionel Messi and Cristiano Ronaldo also feature among the highest paid athletes.