Important Current Affairs GK Quiz for Upcoming SBI PO Exams 2017

Important Current Affairs GK Quiz for Upcoming SBI PO Exams (25th 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).Which Micro-finance platform recently started small finance bank to offer products such as gold loans and msme loans to rural customers ?

a) ESAF Microfinance and Investments Private Ltd.,

b) Capital Local Area Bank Ltd.,

c) Suryoday Micro Finance Private Ltd.,

d) Disha Microfin Private Ltd.

e) Utkarsh Micro Finance Private Ltd.

Answer: d)
Explanation: Micro-finance platform Disha plans the formal launch of its small finance bank (SFB) in the next quarter, followed by 30-40 branches in the next three months. The SFB, under parent Fincare Business Services, also looks to offer products such as gold loans and micro-enterprise loans to rural customers.

2).From which ship Indian Navy has successfully test fired the newly installed surface-to-air Barak missile system ?

a) INS Shishumar

b) INS Chennai

c) INS Kamorta

d) INS Sahyadri

e) INS Vikramaditya

Answer: e)
Explanation: In a boost to India's martime prowess, the Navy has successfully conducted the maiden trial firing of newly installed surface-to-air Barak missile system from its aircraft carrier INS Vikramaditya. A Navy official said in New Delhi that during the firing carried out in the Arabian Sea, the missile was fired against a live low flying high speed target. He said the target was successfully engaged and destroyed.

3).Indian navy team has set to scale Mount Everest as a part of which summit ?

a) East Asia Summit (EAS)

b) Seabed to Summit

c) India Investment Summit

d) NAM Summit

e) Indian Economy Summit

Answer: b)
Explanation: An Indian Navy team is set to scale Mount Everest as a part of its 'Sagar Tal se Sagar Matha (Seabed to Summit)' expedition. The 24-member team, with personnel from INS Chakra and INS Chennai, will plant an ice-axe on the 8,848-metre high peak. Earlier, the team took the ice-axe 40 metres below sea-level off Karwar in the Indian Ocean.

4).What is the theme of 2017 International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade which globally observed on 25 March ?

a) Remember Slavery: Recognising the Legacy and Contributions of People of African Descent

b) Slavery: The Recognising the sacrifice of African and cruelty to be observed.

c) Remembering the sorrows of slaves and fighting against slavery.

d) Remember peoples fight against slavery and the Legacy .

e) The Legacy of African Descent and Contributions of People against slavery

Answer: a)
Explanation: The International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade was observed globally on 25 March 2017 with the theme "Remember Slavery: Recognising the Legacy and Contributions of People of African Descent". The theme aims to draw attention to the consequences of the Transatlantic Slave Trade, especially the ways in which the enslaved Africans and their descendants influenced and continue to shape societies across the world, including in the areas of technology and culture. The theme also highlights the persistent spirit and innovation of the enslaved people. Theme : Remember Slavery: Recognising the Legacy and Contributions of People of African Descent

5).Which state government has decided to set up an anti-corruption cell at the Secretariat in the state?

a) Rajasthan

b) Bihar

c) Manipur

d) Karnataka

e) Punjab

Answer: c)
Explanation: The BJP-led Manipur government has decided to set up an anti-corruption cell at the Nongthombam Biren Singh's Secretariat in the state for gathering information on corrupt elements in public service. A mobile number has been set up to enable the people to inform the government about malpractices so as to allow the authorities to take appropriate actions.

6).Which leading company has been recently banned from equity derivatives trading for one year ?

a) Tata Motors

b) J K Tyres

c) Bajaj Finserv Ltd.

d) Reliance Industries

e) Bharat Electronics Ltd.

Answer: d)
Explanation: Securities and Exchange Board of India has banned Reliance Industries and 12 other entities from equity derivatives trading for one year. In an order, SEBI also directed the Mukesh Ambani-led firm to forfeit nearly 1,000 crore rupees for unlawful gains made through alleged fraudulent trading in a nearly 10-year-old case. The case relates to alleged fraudulent trading in the futures and options (F&O) space in the securities of RIL's erstwhile listed subsidiary Reliance Petroleum Ltd. Reliance Industries Ltd said, it will challenge the order before the Securities Appellate Tribunal and termed SEBI's directions as unjustifiable sanctions.

7).In which city does 9th Fazza International IPC Athletics Grand Prix tournament held recently ?

a) Tokyo

b) London

c) Dubai

d) Seoul

e) Barcelona

Answer: c)
Explanation: India's para athletes won 13 medals in the season opening 9th Fazza International IPC Athletics Grand Prix in Dubai. Out of the 13 medals, India won five gold, three of which were won by Sundar Singh Gurjar. The 21-year-old Gurjar, who missed Rio Paralympic Games last year, won a gold each in shot put, javelin throw and discus throw competitions.

8).How many team does ISTO sent on 36th Expedition to Antarctica to install stakes on ice for Differential Global Positioning System (DGPS) ?

a) 10

b) 7

c) 4

d) 2

e) 8

Answer: c)
Explanation: The Indian Space Research Organisation (ISRO) in March 2017 announced that it has sent four teams to install stakes on ice for Differential Global Positioning System (DGPS) to validate the glacier surface velocity. The teams will mount the stakes around Indian station known as Bharati and Maitri.

9).What is the worth of Financing Agreement signed by India with World Bank for Uttarakhand Health Systems Development Project ?

a) 100 million USD

b) 127 million USD

c) 84 million USD

d) 115 million USD

e) 146 million USD

Answer: a)
Explanation: India has signed Financing Agreement with World Bank for 100 million US dollars for Uttarakhand Health Systems Development Project. The agreement was signed in Delhi by Raj Kumar who is Joint Secretary, Department of Economic Affairs, and Hisham Abdo, Acting Country Director, of World Bank. An official release said the objective of the project is to improve access to quality health services, particularly in the hilly districts of Uttarakhand. It will help expand health financial risk protection and benefit the residents of hilly districts in particular.

10).Which ID cards has been made mandatory to be linked with all mobile connections ?

a) Voter ID

b) Ration Card

c) Passport

d) Aadhaar card

e) Citizen card

Answer: d)
Explanation: The Centre has made it mandatory to link Aadhaar cards with all mobile connections, both new and old, by February 2018. Aadhaar will now be mandatory for getting new SIM cards and service providers have been directed to reverify existing customers using their Aadhaar numbers and biometric details. This comes after a Supreme Court directive to verify all mobile numbers.

11).Which day is observed as International Day of Solidarity with Detained and Missing Staff Members ?

a) 21st March

b) 25th March

c) 04th January

d) 16th May

e) 17th March

Answer: b)
Explanation: The 2017 International Day of Solidarity with Detained and Missing Staff Members was observed on 25 March 2017. The day is observed each year on the anniversary of the abduction of Alec Collett. The day aims to mobilize action, demand justice and strengthen United Nations’ resolve to protect the UN staff and peacekeepers, as well as their colleagues in the non-governmental community and the press. As of 15 March 2015, 33 UN and associated personnel were detained by State authorities in 15 countries. One staff member is missing and two contractors remain in the custody of abductors.

12).Which organisation organised a worldwide movement of 'Earth Hour' ?

a) World Wildlife Fund for Nature

b) United Nations

c) World Health Organization

d) World Gastroenterology Organisation

e) World Health Assembly

Answer: a)
Explanation: The World Wildlife Fund for Nature (WWF) is observing the 10th anniversary of 'Earth Hour' on 25th March 2017. The worldwide event is held annually encouraging individuals to turn off non-essential lights for one hour, from 8:30 to 9:30 PM local time as a symbol of their commitment to the planet. It was started as a lights-off event in Sydney, Australia, in 2007.

13).Which auto mobile company has planned to end their alliance with Bajaj Auto for sales and services in India from April 2017.

a) Suzuki

b) Ducati

c) Kawasaki

d) Piago

e) DSK Benelli

Answer: c)
Explanation: Bajaj Auto said it has agreed with Japan’s Kawasaki to end their eight-year old alliance for sales and services in India from April 2017. However, Bajaj and Kawasaki will continue to maintain their cooperative relationship across the rest of the world. Bajaj has had an alliance with Kawasaki for the latter's motorcycles through its Probiking network since 2009.

14).Name the person who deferred his resignation and will continue to remain in the post of ICC Chairman ?

a) Ravi Shankar

b) Manoj Shukla

c) Ramesh Pawar

d) Rahul Sharma

e) Shashank Manohar

Answer: e)
Explanation: ICC Chairman Shashank Manohar has deferred his resignation and will continue to remain in the post, the Board announced. Manohar delayed his departure after a resolution was passed by the ICC Board requesting him to stay till the ongoing governance and financial restructuring process was complete. He will reportedly remain Chairman till ICC's 2017 Annual Conference in June.

15).Where does the 7th National Inter Zonal T20 cricket tournament for the differently-abled is to be held in India ?

a) Kolkata

b) Vishakhapatnam

c) Mumbai

d) Pune

e) Kochi

Answer: c)
Explanation: The 7th National Inter Zonal T20 cricket tournament for the differently-abled is to be held in Mumbai from March 30 to April 1. It was announced at a media conference in Mumbai that five regions of the country - North , East, South, Central and West zone- are the teams set to participate in the three-day event. It was announced that the tournament would be held under the International Cricket Council's T20 cricket tournament format, with a few relaxations to accommodate cricket for the differently-abled.