Important Current Affairs GK Quiz for Upcoming SBI PO Exams 2017

Important Current Affairs GK Quiz for Upcoming SBI PO Exams (16th March 2017):

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 Upcoming Banking exams can use these questions.

1).Name the Indian sports person who is appointed as a member of the governing body of Sports Authority of India (SAI) ?

a) Sania Mirza

b) Mary Kom

c) Jwala Gutta

d) Karnam Malleswari

e) Leander Paes

Answer: c)
Explanation: India's most successful Badminton Doubles specialist Jwala Gutta has been appointed a member of the governing body of Sports Authority of India (SAI). Convyeing the information about her appointment, SAI Secretary SS Chhabra said in his letter that he was sure Jwala would be able to spare her valuable time to attend Governing Body meetings as and when scheduled by the chairman.

2).Which bank has launched digital Loan against Securities (LAS) allowing customers to avail loans in less than 3 minutes ?

a) ICICI Bank

b) HDFC Bank

c) Axis Bank

d) Dena Bank

e) Federal Bank

Answer: b)
Explanation: HDFC Bank launched digital Loan against Securities (LAS) allowing customers to avail loans in less than 3 minutes. The service will also be available to customers with no credit history. The bank, which will offer 10.5 per cent interest rate on the product, will soon expand the offering to other securities such as mutual funds, bonds and insurance policies.

3).Which international airport has been rated the world's best airport in a survey by Skytrax for the fifth consecutive year ?

a) Hazrat Shahjalal International Airport, Bangladesh

b) Barcelona–El Prat Airport , Spain

c) Netaji Subhash Chandra Bose International Airport, India

d) Vnukovo International Airport , Russia

e) Changi Airport, Singapore

Answer: e)
Explanation: The Changi Airport in Singapore has been rated the world's best airport for the fifth consecutive year in a survey by research firm Skytrax. The Haneda Airport in Tokyo, Incheon Airport in South Korea, Munich Airport in Germany and Hong Kong Airport complete the top five. The airports in Delhi, Mumbai, Bengaluru and Hyderabad are listed among the top 100.

4).Where does the event National Theatre Festival held ?

a) Kolkata

b) New Delhi

c) Patna

d) Thiruvananthapuram

e) Panaji

Answer: d)
Explanation: National Theatre Festival held in the capital city of Kerala, Thiruvananthapuram. The Festival is organised by the Information and Public Relations Department and will be held from March 16 to 24. Popular theatre groups from across the country will perform in the festival. There will be a total of 17 plays, from various states, including six from Kerala. Chief Minister Pinarayi Vijayan will inaugurate the NTF 2017.

5).Which city of India ranked as the highest quality of living as per Mercer 2017 Quality of Living Index ?

a) Chennai

b) Hyderabad

c) Nagpur

d) Bangalore

e) Jaipur

Answer: b)
Explanation: Hyderabad has been ranked as the city with the highest quality of living among Indian cities, as per Mercer 2017 Quality of Living Index. However, Hyderabad has slipped down five spots in the global rankings. Further, New Delhi continued to be ranked the lowest among the Indian cities on the list for the second straight year.

6).Which city railway station has become as second blind-friendly station in India ?

a) Bengaluru

b) Chandigarh

c) Mumbai

d) Lucknow

e) Kochi

Answer: a)
Explanation: Braille maps and platform indicators were unveiled at the Bengaluru City railway station, making it the second blind-friendly station after Mysuru railway station in India. Two Braille scripted maps with directions to platforms, ticket counters, and restrooms were inaugurated. Further, 600 Braille platform indicators were placed along the railings of the old Foot Over Bridge and subway.

7).What is the cost worth of 20 projects which got approval from The Executive Committee (EC) of National Mission for Clean Ganga?

a) Rs 1600 crore

b) Rs 1250 crore

c) Rs 1900 crore

d) Rs 2050 crore

e) Rs 1725 crore

Answer: c)
Explanation: The Executive Committee (EC) of National Mission for Clean Ganga approved 20 projects worth nearly Rs 1900 crore. Out of 20 projects, 13 are in Uttarakhand that includes creating new sewage treatment plants, upgrading existing STPs and laying of sewage networks in Haridwar at an estimated cost of around Rs 415 crore.

8).Which bank has planned for earn fund of Rs. 250 crore by allotment of equity shares to the J&K state government ?

a) Bank of Maharashtra

b) State Bank of Bikaner and Jaipur

c) DCB Bank

d) IDFC Bank

e) Jammu and Kashmir Bank

Answer: e)
Explanation: Jammu & Kashmir Bank said a meeting of its board of directors is scheduled to be held on March 20 to consider and approve the allotment of equity shares to the J&K state government on a preferential basis, aggregating to an amount of about Rs. 250 crore. The issue of 3,65,55,051 equity shares of Re 1 each fully paid-up to the J&K government will be at the issue price of Rs. 68.39 per equity share (including a premium of Rs. 67.39 per equity share), the bank said in a stock exchange notification.

9).Which country has signed MoU with china worth 65 billion dollars during the countries' king visit to china ?

a) Morocco

b) Thailand

c) Belgium

d) Saudi Arabia

e) Denmark

Answer: d)
Explanation: China and Saudi Arabia signed memorandums of understanding and letters of intent potentially worth about 65 billion dollars during Saudi King Salman's visit to Beijing. China's Deputy Foreign Minister Zhang Ming said, the agreements involved investment, energy, space and other areas. The Saudi King, who has overseen the launch of an ambitious economic reform plan since his accession two years ago, is on a month-long Asian tour.

10).How many new Kendriya Vidyalayas (KVs) has been approved by The Cabinet Committee on Economic Affairs (CCEA) ?

a) 110

b) 75

c) 50

d) 65

e) 80

Answer: c)
Explanation: The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, on 15 March 2017 approved the proposal for setting up around 50 new Kendriya Vidyalayas (KVs) under Civil or Defence Sector in the country. The total project cost for the proposed 50 new Kendriya Vidyalayas is Rs 1160 crore based on Kendriya Vidyalaya Sangathan (KVS) norms.

11).TIES a scheme launched by Commerce and Industry Ministry on addressing the needs of the exporters in which 'I' stands for ?

a) Interrogated

b) Industry

c) Implementing

d) Imposed

e) Infrastructure

Answer: e)
Explanation: Commerce and Industry Minister Nirmala Sitharaman launched the Trade Infrastructure for Export Scheme (TIES). Speaking at a function in New Delhi, Mrs Sitharaman said the scheme is focused on addressing the needs of the exporters. She said, the focus is not just to create infrastructure but to make sure it is professionally run and sustained. She also said, that there will be an empowered committee to periodically review the progress of the approved projects in the Scheme and will take necessary steps to ensure achievement of the objectives of the Scheme.

12).What is the name of the newly appointed Chairman of National Commission for Safai Karamcharis?

a) Dalip Kallu Hathibed

b) Manhar Valji Bhai Zala

c) Manju Diler

d) Amrish jayanth

e) Narain Dass

Answer: b)
Explanation: The newly appointed Chairman of National Commission for Safai Karamcharis, Manhar Valji Bhai Zala along with two members Manju Diler and Dalip Kallu Hathibed today assumed his office in New Delhi. Welcoming the new Chairman and the members, Secretary of the commission, Narain Dass said that the commission can now work in a more effective manner as the posts of the Chairman and the members were lying vacant for the past almost one year.

13).Name the university which ranked best among the Indian University according to Times Higher Education's Asia University Rankings 2017?

a) Jawaharlal Nehru University, Delhi

b) Banaras Hindu University , Varanasi

c) Indian Institute of Science , Bengaluru

d) Indian Statistical Institute , Kolkata

e) Indian Institute of Technology Kharagpur

Answer: c)
Explanation: The Times Higher Education's Asia University Rankings 2017 released the list in which Bengaluru's Indian Institute of Science at 27, Indian Institute of Technology Bombay at 42, and Chennai's Veltech University at 43. With 33 universities in top-300 (up from 16 last year), India more than doubled its representation, becoming the third most-represented nation on the chart for the first time.

14).In which city does Ride-hailing start-up Grab has announced plans to open a research and development centre in India?

a) Ahmadabad

b) Patna

c) Bengaluru

d) Visakhapatnam

e) Raipur

Answer: c)
Explanation: Ride-hailing startup Uber's main rival in Southeast Asia, Grab has announced plans to open a research and development centre in Bengaluru. The startup is looking to hire around 200 engineers in India to focus on developing its payments service GrabPay. However, Grab's Engineering VP Arul Kumaravel said the company has no plans of expanding its on-demand cab services to India.

15).Who has been elected as the new chief Minister of Punjab?

a) Murli Manohar Joshi

b) Captain Amarinder Singh

c) Rajnath Singh

d) Manohar parrikar

e) Pramod Mahajan

Answer: b)
Explanation: Captain Amarinder Singh of Congress was sworn in as the 26th Chief Minister of Punjab. This is the second time that Singh took over as Punjab CM, dethroning former Chief Minister Parkash Singh Badal. Navjot Singh Sidhu took oath as minister in Punjab cabinet. Congress Vice President Rahul Gandhi and former Prime Minister Manmohan Singh attended the swearing-in ceremony.

16).How much per cent does Union Cabinet has made hike in Dearness Allowance and Dearness Relief of government employees?

a) 7%

b) 13%

c) 1%

d) 5%

e) 2%

Answer: e)
Explanation: The Union Cabinet approved a 2% hike in Dearness Allowance and Dearness Relief, which was due from January 2017. Dearness Allowance and Dearness Relief are provided to central government employees and pensioners to neutralise the impact of inflation on their earnings. This will have an impact of around Rs.6,833 crore on the exchequer in the financial year 2017-18.

17).Which country has launched a countrywide census survey after 19 years?

a) Iran

b) Pakistan

c) Cambodia

d) Australia

e) Brazil

Answer: b)
Explanation: Pakistan has launched a countrywide census, the first in nearly two decades. The census, started with the assistance of over 2 lakh troops, is being conducted in two phases. At least one soldier will accompany each civilian enumerator going from house to house to enlist the number of households and individuals living there.

18).How much per cent of equity in M/s Lubrizol India Private Limited to be sell to Lubrizol Corporation, USA by Indian Oil Corporation Limited ?

a) 35%

b) 12%

c) 65%

d) 47%

e) 24%

Answer: e)
Explanation: The Cabinet Committee on Economic Affairs (CCEA) gave its approval to permit Indian Oil Corporation Limited (IndianOil) to sell its 24 per cent equity in M/s Lubrizol India Private Limited (LIPL) to Lubrizol Corporation, USA (LC). The approval was given at a meeting of the CCEA chaired by the Prime Minister Narendra Modi on 15 March 2017 in New Delhi. The sale will enable the IndianOil to have a long term association with the Lubrizol Corporation.