Current Affairs Quiz – July 10′ 2015

1. India has pipped _______ to drive the smartphone volume growth in the world.
a) China
b) United States
c) Brazil
d) Russia

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Answer a) China. According to the HSBC Report, India has pipped China to drive the smartphone volume growth in the world. The main reasons are falling prices of high-end devices and growing adoption of 3G services.

2. Who has been appointed as the Chairman of Bandhan Bank?
a) Prannoy Roy
b) Abhinav Gupta
c) Arun Mishra
d) Ashok Lahiri

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Answer d) Ashok Lahiri. The bank has roped in former chief economic advisor to the finance ministry Ashok Kumar Lahiri to head its 10-member board. Ashok Kumar Lahiri was the former deputy MD of Axis Bank and present CGM of Nabard.

3. The Reserve Bank of India has changed the Numbering Pattern in
a) Rs 100 Notes
b) Rs 500 Notes
c) Rs 1000 Notes
d) Rs 50 Notes

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Answer a) Rs 100 Notes. The numerals in both the number panels of 1oo rupees banknotes will be in ascending size from left to right while the first three alphanumeric numerical characters will remain constant in size.

4. Which country’s stock market has crashed recently?
a) Russia
b) China
c) Germany
d) France

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Answer b) China. China’s market completely entered into bear market territory with the benchmark Shanghai composite index fell into another 5.9 percent, bringing the market total losses to 32 percent in less than a month.Shenzen composite index , another main stock exchange of China also dropped 40 percent.

5. Name the company which recently unveiled person-to-person (P2P) money transfer bandwagon?
a) Ebay
b) PayTm
c) Freecharge
d) RechargeitNow

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Answer b) PayTM

6. Which company has decided to replace “.com” to “.JIO as a generic top-level domain (gTLD)?
a) Tata
b) Reliance
c) Airtel
d) Adani Enterprises

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Answer b) Reliance. Reliance Industries has decided to replace “.com” to “.JIO as a generic top-level domain (gTLD) and it will be used across the Reliance empire.

7. What is the inflow of India focused equity funds from worldwide investors in the first six months of the year?
a) 7.5 billion USD
b) 8.5 billion USD
c) 9.5 billion USD
d) 10.5 billion USD

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Answer c) 9.5 billion USD. According to funds tracking company EPFR Global, India focused equity funds have witnessed an inflow of over $ 9.5 billion from worldwide investors in the first six months of the year. In the mean time China has seen a hefty outflow of $ 17 billion.

8. WhatsApp could face ban in _______ within weeks owing to the strict laws on social media and online messaging services.
a) USA
b) Sweden
c) Norway
d) United Kingdom

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Answer d) United Kingdom. UK Prime Minister David Cameron is now looking at new legislation that plans ‘to stop people from sending any form of encrypted messages. The popular messaging services in the UK are WhatsApp, iMessage and Snapchat. If the new legislation is passed then all these services could be banned in the UK in the coming weeks.

9. The National Skill Development Mission aims to impart skills to 30 crore people by
a) 2018
b) 2020
c) 2022
d) 2024

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Answer b) 2020. Prime Minister Narendra Modi is going to launch the National Skill Development Mission on July 15′ 2015. The main focus of the Modi government is Skilled India which has ambitious target of imparting skills to 30 crore people, one out of every four Indians, by 2020.

10. Which state gets India’s first earthquake early warning system?
a) Tamil Nadu
b) Bihar
c) Kerala
d) Uttarakhand

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Answer d) Uttarakhand.

11. Omar Sharif, who passed away recently, was a/an
a) Economist
b) Historian
c) Novelist
d) Actor

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Answer d) Actor. Actor Omar Sharif, best known for his portrayal of Doctor Zhivago in the hit 1966 film and for his work in “Lawrence of Arabia”, died of a heart attack at the age of 83.

12. Which High Court directs Indian government to implement bigger smoking warnings?
a) Gujarat
b) Kerala
c) Rajasthan
d) Punjab

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Answer c) Rajasthan. The Rajasthan High Court has directed the Indian government to immediately implement a rule for bigger health warnings on tobacco packaging, months after the measure was put on hold pending a report from a parliamentary panel.

13. Bharat Electronics-made Akash inducted into Indian Air Force. Akash is
a) Air to Air Missile
b) Air to surface Missile
c) Surface to surface missile
d) Surface to Air Missile

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Answer d) Surface to Air Missile.

14. Which bank from India has signed a multilateral agreement to cooperate with New Development Bank (NDB) along with other member development banks of BRICS nations?
a) Reserve Bank
b) State Bank of India
c) EXIM Bank
d) Union Bank of India

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Answer c) EXIM Bank

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