Current Affairs Quiz
1. Who took the top spot in Forbes’ 100 richest in Tech List?
a) Jeff Bezos
b) Mark Zuckerberg
c) Bill Gates
d) Mukesh Ambani
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Answer c) Bill Gates. The rich keep getting richer in tech. The combined wealth of the 100 richest tech billionaires — a whopping $892 billion — surged 6% since last year. Forbes released the stats in its second annual Richest in Tech list. Microsoft co-founder Bill Gates (personal net worth: $78 billion) took the top spot again, followed by Amazon CEO Jeff Bezos ($66.2 billion). Facebook CEO Mark Zuckerberg ($54 billion) took third place, while Oracle co-founder Larry Ellison ($51.7 billion) fell two spots to fourth.
2. India’s tiger cell will soon take shape at the Wildlife Institute of India (WII) campus in _____________
a) Dehradun
b) Mumbai
c) Jaipur
d) Gangtok
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Answer a) Dehradun. The country’s first tiger cell will soon take shape at the Wildlife Institute of India (WII) campus in Dehradun. A memorandum of understanding (MOU) regarding the setting up of the cell will be signed between the National Tiger Conservation Authority (NTCA) and WII.
3. Reserve Bank of India retains GDP growth forecast at ______ for FY17
a) 7.1%
b) 7.3%
c) 7.5%
d) 7.6%
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Answer d) 7.6%. With India touted as a “bright spot” in a gloomy global economy, RBI retained its FY17 GDP growth projection at 7.6 per cent, same as it sees both upside and downside risks. While cutting the policy lending rate by 25 bps to 6.5 per cent, RBI expects a normal monsoon will revive rural demand.
4. Who has been appointed as managing director (MD) and chief executive officer (CEO) of United Bank of India?
a) PS Jayakumar
b) Pawan Kumar Bajaj
c) Suresh N Patel
d) Sushil Mahnot
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Answer b) Pawan Kumar Bajaj. Pawan Kumar Bajaj and Ravindra Prabhakar Marathe were appointed as managing director (MD) and chief executive officer (CEO) of United Bank of India and Bank of Maharashtra respectively. Mr Bajaj is executive director in Indian Overseas Bank. He has been appointed as MD and CEO “based on merit-cum-preference”, an order issued by the Department of Personnel and Training said.
5. Government of India has slapped anti-dumping duty on the import of hot-rolled steel products from _____ nations, including China and South Korea
a) Four
b) Five
c) Six
d) Seven
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Answer c) Six . The government has slapped anti-dumping duty on the import of hot-rolled steel products from six nations, including China and South Korea, in a bid to shield domestic manufacturers against cheaper inward shipments. An anti-dumping duty of $474-557 per tonne was imposed on ‘hot-rolled flat products of alloy or non-alloy steel’ import from China, Japan, South Korea, Russia, Brazil and Indonesia, the Department of Revenue in the Ministry of Finance said in a notification.
6. Cabinet approved MoU between India and __________________ for cooperation in the field of Tourism
a) Bangladesh
b) South Africa
c) Japan
d) Iran
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Answer b) South Africa. The Union Cabinet has given its ex-post facto approval for a Memorandum of Understanding (MoU) between India and South Africa for cooperation in the field of Tourism.
7. Who has been appointed as managing director (MD) and chief executive officer (CEO) of Bank of Maharashtra?
a) Ravindra Prabhakar Marathe
b) Rakesh Sharma
c) Rakesh Sethi
d) Arun Sharma
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Answer a) Ravindra Prabhakar Marathe. Pawan Kumar Bajaj and Ravindra Prabhakar Marathe were appointed as managing director (MD) and chief executive officer (CEO) of United Bank of India and Bank of Maharashtra respectively. Mr Bajaj is executive director in Indian Overseas Bank. He has been appointed as MD and CEO “based on merit-cum-preference”, an order issued by the Department of Personnel and Training said.
8. Cabinet approved Agreement between the India and ____________ on Economic Cooperation
a) Latvia
b) Croatia
c) Estonia
d) Slovenia
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Answer b) Croatia . The Union Cabinet has given its approval for signing and ratification of an Agreement between India and Croatia on Economic Cooperation. India and Croatia had earlier signed an Agreement on trade and economic cooperation in September, 1994 with an aim to promote and develop bilateral trade and economic relations.
9. Max Life Financial Services will get Rs850 crore as non-compete fee following merger of its life insurance business with ______________________
a) Bajaj Allianz
b) Aviva India
c) HDFC Life Insurance
d) ICICI Prudential Life Insurance
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Answer c) HDFC Life Insurance. Analjit Singh-led promoter group of Max Financial Services will get Rs850 crore as non-compete fee following merger of its life insurance business with HDFC Standard Life Insurance Company Ltd (HDFC Life). The payment will be made by the merged entity over a four-year period, with an upfront fee of Rs501 crore followed by three equal annual instalments totalling Rs349 crore.
10. Which State government has introduced the Excise Duty (Amendment) Bill 2016, which proposes to declare ‘no alcohol consumption zones’?
a) Goa
b) Maharashtra
c) Bihar
d) Tamil Nadu
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Answer a) Goa. The Goa government has introduced the Goa Excise Duty (Amendment) Bill 2016, which proposes to declare ‘no alcohol consumption zones’ and fine violators who consume alcohol in the ‘zones’ between ₹1,000 to ₹10,000. The bill says liquor consumption causes environmental degradation and harms pedestrians, while adding that “persons… in an inebriated state” pose a “law and order situation”.
11. Cabinet approved the amendments made to the Maternity Benefits Act; the bill aims to raise the maternity leave for women from 12 to _____ weeks
a) 20
b) 24
c) 25
d) 26
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Answer d) 26. The Union Cabinet gave its ex-post facto approval to the amendments made to the Maternity Benefits Act, 1961, by introducing the Maternity Benefit (Amendment) Bill, 2016 in Parliament. The bill aims to raise the maternity leave for women from 12 to 26 weeks. The amendments will affect the 1.8 million-strong female workforce in the organised sector.
12. Government of India has decided to set up a committee to look into all issues including FDI norms pertaining to the fast growing e-commerce industry in the country. The committee will be headed by _________________
a) Bibek Debroy
b) Arvind Panagriya
c) Amitabh Kant
d) Ramesh Chand
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Answer c) Amitabh Kant. The government has decided to set up a committee to look into all issues including foreign direct investment norms pertaining to the fast growing e-commerce industry in the country. The committee will be headed by the NITI Aayog CEO. The other members in the panel include officials from commerce and industry ministry and department of electronics and IT among others.
13. Which State Tourism has been awarded the ‘Film Tourism Destination of the Year’ Award at the India International Travel Mart (IITM) in Chennai?
a) Goa
b) Madya Pradesh
c) Kerala
d) Manipur
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Answer a) Goa. Goa Tourism has been awarded the ‘Film Tourism Destination of the Year’ Award at the India International Travel Mart (IITM) in Chennai. State Tourism Minister Dilip Parulekar said, “This award will surely increase the number of film shootings in Goa.” More than 100 films have been shot in Goa over the past decade.
14. Millionlights, an education content provider Company has launched the first and only Indian TV Channel focused on higher education in ________
a) Agra
b) Jaipur
c) Pune
d) Bangalore
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Answer c) Pune . Millionlights, an education content provider Company has launched the first and only Indian TV Channel focused on higher education and skill development in partnership with DEN Manoranjan Satellite in Pune. Millionlights aims to create a landscape of content, delivery platforms and certifications leading to higher employability. The company already runs a website, which provides certification courses.
15. Which team won the UEFA super cup football title 2016?
a) AC Milan
b) Real Madrid
c) FC Barcelona
d) Sevilla
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Answer b) Real Madrid. Right-back Daniel Carvajal’s solo strike in the 119th minute helped Real Madrid lift their third Super Cup. Madrid took the lead with Marco Asensio’s long-range strike before Sevilla’s Franco Vazquez and Yevhen Konoplyanka handed Sevilla the lead. Sergio Ramos made it 2-2 to force extra time before Carvajal handed Zinedine Zidane his second trophy as Madrid coach.
16. _____________________became the first Indian to score multiple hundreds and take multiple five-wicket hauls in a Test series
a) Virat Kohli
b) Anil Kumble
c) Ravichandran Ashwin
d) Ravindra Jadeja
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Answer c) Ravichandran Ashwin. Ravichandran Ashwin became the first Indian to score multiple hundreds and take multiple five-wicket hauls in a Test series, during the third Test against West Indies. The 29-year-old also became the fourth player overall to achieve the feat. Earlier, Ashwin had scored a century in the first Test and taken five-wicket hauls in the first two Tests.
17. World’s first surfing champion, Bernard “Midget” Farrelly passed away recently. He was from _______________________
a) Australia
b) China
c) Argentina
d) USA
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Answer a) Australia . Bernard “Midget” Farrelly, who won surfing’s first world championship and was a pioneering surfboard designer, has died aged 71. Farrelly became the first Australian to win a major surfing title when he won the Makaha Invitational in Hawaii in 1963.
18. Panchu Arunachalam who passed away recently was a
a) Writer
b) Politician
c) Producer
d) Both a and c
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Answer d) Both a and c Tamil writer and producer Panchu Arunachalam passed away in Chennai at the age of 75. He worked with actor Rajinikanth in the film ‘Aarilirunthu Arubathu Varai’ and with Kamal Haasan in films like ‘Kalyanaraman’, ‘Japanil Kalyanaraman’ and ‘Apoorva Sagodharargal’. Arunachalam also directed films and wrote song lyrics for over 200 films.
