Current Affairs Quiz – June 20 2016

Current Affairs Quiz

1. To support start-ups in the financial technology (fintech) space, _____________________ has set up a Rs 200-crore fund.
a) Indian Bank
b) State Bank of India
c) Punjab National Bank
d) Syndicate Bank

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Answer b) State Bank of India.To support start-ups in the financial technology (fintech) space, State Bank of India has set up a Rs 200-crore fund. It will consider assistance of up to Rs 3 crore to a company registered in India for promoting their business innovations using information technology for banking and related activities, Arundhati Bhattacharya, chairman, said. It is named ‘IT Innovation Start-up Fund’.

2. ________________ has been selected as the technical partner to build a mobile application for Union Human Resources Development Ministry’s SWAYAM (Study Webs of Active-Learning for Young Aspiring Minds) platform.
a) Microsoft
b) Opera
c) Google
d) HCL

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Answer a) Microsoft.Microsoft has been selected as the technical partner to build a mobile application for Union Human Resources Development Ministry’s SWAYAM (Study Webs of Active-Learning for Young Aspiring Minds) platform. Together they will The launch 2000 Massive Open Online Courses for over three crore students in 2016. Microsoft signed a deal of 38 crore rupees with AICTE (All India Council of Technical Education) to build and run the app for three years, which afterwards will be taken over by AICTE.

3. FSSAI banned use of cancer-causing potassium bromate. Expand FSSAI?
a) Food Safety Services Authority of India
b) Food Security Standards Authority of India
c) Food Safety Standards Administrative of India
d) Food Safety Standards Authority of India

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Answer d) Food Safety Standards Authority of India.The government of India has banned use of potassium bromate as a food additive following a CSE study that found its presence in bread as causing cancer. The Food Safety Standards Authority of India (FSSAI), however, has referred potassium iodate— also claimed to be carcinogenic used as a food additive — to a scientific panel. Last month, the regulator had recommended to the health ministry removal of potassium bromate from the list of permissible food additives after a study by the Centre for Science and Environment (CSE).

4. The Supreme Court refused to stay Centre’s notification allowing culling of ______________________________
a) Nilgai, Horse and Monkey
b) Nilgai, Elephant and Tiger
c) Nilgai, Wild Boar and Monkey
d) Nilgai, Wild Boar and Cow

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Answer c) Nilgai, Wild Boar and Monkey.The Supreme Court refused to stay Centre’s notification allowing culling of nilgai , wild boar in Bihar, monkey in Himachal Pradesh. It also declined to stay killing of wild boar in Uttrakhand. A bench headed by Justice Adarsh Kumar Goel refused to pass any interim order but agreed to hear animal rights activist plea after vacation and posted it for July 15. The bench allowed the activists to make a representation to the Central government and asked UOI to consider their grievances within two weeks.

5. World’s first magnetic refrigerator launched in ______________
a) USA
b) France
c) Japan
d) China

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Answer b) France.French firm Cooltech Applications has launched what it claims as the world’s first commercially available magnetic refrigeration system. It can serve as a “Superfridge” slashing down both the environmental as well as economic challenges which the current electricity appliances face. The Magnetic Refrigeration System (MRS) achieves refrigeration by passing a water coolant through magnetocaloric materials undergoing repeated magnetization-demagnetization cycles.

6. Union Power Minister Piyush Goyal launched ____________app to better consumer connect
a) UJALA
b) UJAT
c) URJA
d) USHA

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Answer c) URJA.Union Minister of State (IC) for Power, Coal and New and Renewable Energy Piyush Goyal launched ‘URJA’- Urban Jyoti Abhiyaan Mobile app on the side-lines of two day Conference of Power Ministers at Cansaulim in South Goa. The app is developed by Power Finance Corporation on behalf of Ministry of Power for Urban Power Distribution Sector to enhance consumer connect with the Urban Power Distribution sector by providing information of IT enabled towns on important parameters which concern the consumers like outage information, timely release of connections, addressing complaints, power reliability etc.

7. World Refugee day is observed on?
a) June 21
b) June 20
c) June 18
d) June 19

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Answer b) June 20.The World Refugee Day, a day dedicated by the United Nations to increase awareness about the situation of refugees, is celebrated worldwide on June 20 every year. The decision to observe the day, coinciding with Africa Refugee Day, was made by the UN in December 2000. The first World Refugee Day marked the 50th anniversary of the UN Refugee Convention.

8. Hindustan Aeronautics Limited (HAL) has inaugurated indigenous Basic Trainer Aircraft. Which named as __________________?
a) HTT – 40
b) HTC – 40
c) HCL – 40
d) HTP – 40

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Answer a) HTT – 40.Public-sector aerospace and defence major Hindustan Aeronautics Limited (HAL) has inaugurated indigenous Basic Trainer Aircraft (BTA) HTT-40 in the presence of Defence Minister Manohar Parrikar. He highlighted that the role of private players and medium and small enterprises (MSMEs) has been significant in producing the parts for HTT-40 and said the Indian Air Force (IAF) is feeling positive with all these developments.

9. Which State government has launched a ₹640 crore project for skill development under which multipurpose training centres will be set up in rural areas?
a) Assam
b) Rajasthan
c) Tamil Nadu
d) Himachal Pradesh

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Answer d) Himachal Pradesh.The Himachal Pradesh government has launched a ₹640 crore project for skill development under which multipurpose training centres will be set up in rural areas. The training, to be given by both government and private associations, will be accessible to all people aged between 16-49, including BPL families. Individuals will be trained in tourism, agriculture and banking sectors, among others.

10. Which country is the most open economy in the world for FDI?
a) USA
b) India
c) China
d) Japan

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Answer b) India.The government said India is the most open economy in the world for FDI, while announcing several relaxations in the overseas investment norms in sectors like civil aviation, defence and pharmaceuticals. “Measures undertaken by the government have resulted in increased FDI inflows at $55.46 billion in 2015-16, as against $36.04 billion during the financial year 2013-14,” it said.

11. Government of India gave six month extension to One Rank One Pension committee. The committee is headed by ________________
a) RM Lodha
b) Mudgal
c) Narasimha Reddy
d) Mohamed Khan

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Answer c) Narasimha Reddy.The government has extended the tenure of the committee formed for the implementation of One Rank One Pension (OROP) scheme by six months. The one-man committee, headed by former retired Chief Justice of Patna High Court L Narasimha Reddy, can now submit its report on OROP by December 14. This reportedly could lead to a further delay in OROP implementation.

12. Government of India allows the subscribers to prematurely close their Public Provident Fund accounts and withdraw the complete amount after ___ years.
a) 5
b) 7
c) 8
d) 10

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Answer a) 5.The government on changed the norms for Public Provident Fund (PPF) deposits, allowing the subscribers of the scheme to prematurely close their accounts and withdraw the complete amount after five years. However, the withdrawal will be allowed for expenditure towards higher education or medical treatment. Currently, the lock-in period for complete withdrawal from PPF accounts is 15 years.

13. The first-ever National Yoga Olympiad was held in _______________
a) Varanasi
b) Delhi
c) Mumbai
d) Bangalore

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Answer b) Delhi.The first-ever National Yoga Olympiad was held in Delhi from June 18-20. Organised by the NCERT, the olympiad saw participation from 321 children from 21 states and union territories. HRD Minister Smriti Irani on Monday distributed 48 medals at the olympiad, where the participants were tested on the yogic practices of asana, pranayam, kriya, dhyana, bandha, and mudra.

14. Which Ministry has released the draft National Forest Policy, which if enforced, will replace the current 1988 policy?
a) Ministry and Information and Broadcasting
b) Ministry of Human Resource Development
c) Ministry of Transport
d) Ministry of Environment

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Answer d) Ministry of Environment.The Environment Ministry has released the draft National Forest Policy, which if enforced, will replace the current 1988 policy. It seeks to levy a green tax for facilitating ecologically responsible behaviour and has proposed to establish National and State Boards of Forestry. However, the policy has done away with the existing target of two-thirds forest cover for the hilly areas.

15. World’s oldest footballer ____________________sets new goal record
a) ANDREA PIEROBON
b) ALEKSANDAR ĐURIĆ
c) Kazuyoshi Miura
d) MARCO BALLOTTA

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Answer c) Kazuyoshi Miura.Former Japan striker Kazuyoshi Miura, the world’s oldest professional footballer, has beaten his own record as the oldest goal scorer in J-League history. The 49-year-old, who is in his 31st season as a professional, netted a header as his side Yokohama FC succumbed to a 2-1 defeat at home to FC Gifu in the Japanese second division. Miura scored in the 22nd minute into the game but Yokohama FC lost to FC Gifu on 2-1.

16. The Indian mixed recurve team of Deepika Kumari and Atanu Das has won the ________ medal at the Archery World Cup held in Antalya, Turkey.
a) Gold
b) Silver
c) Bronze
d) None of these

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Answer b) Silver .The Indian mixed recurve team of Deepika Kumari and Atanu Das has won the silver medal at the Archery World Cup held in Antalya, Turkey. In the final match played at Konyaalti Beach Park, the Indian team lost to South Korea by 1-5 score. In the first of the match, Indian team trailed by 0-2 score against the top-seeded Korean pair of Choi Misun and Ku Bonchan.