Current Affairs Quiz – May 09 and 10 2016

Current Affairs Quiz

1. An Indian scientist ________________________ has been awarded a grant of SGD 3mn (about Rs. 14.7 crore) by the National Research Foundation, Singapore.
a) Manindra Agarwal
b) Manvendra K Singh
c) Prem Chand Pandey
d) Veena Parnaik

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Answer b) Manvendra K Singh. Dr. Manvendra K Singh, an Indian scientist from Uttar Pradesh’s Gorakhpur city, has been awarded a grant of SGD 3mn (about Rs. 14.7 crore) by the National Research Foundation, Singapore, to research in congenital and adult cardiovascular diseases. Dr. Singh, who works as an assistant professor in the cardiovascular and metabolic disorders programme at Duke-NUS Medical School, Singapore, said he is among the seven young scientists from across the world to be endowed with the Singapore NRF fellowship to carry out cutting-edge research this year.

2. Who has been appointed as Additional Solicitor General recently?
a) Paramjit Singh Patwalia
b) Maninder Singh
c) Atma Ram Nadkarni
d) Neeraj Kishan Kaul

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Answer c) Atma Ram Nadkarni. Senior advocate of Bombay High Court Atma Ram Nadkarni has been appointed asAdditional Solicitor General. The Appointments Committee of the Cabinet has approved the appointment of Nadkarni as Additional Solicitor General in Supreme Court for a period of three years. An Additional Solicitor General acts as law officer to advice the Central government on various legal matters.

3. Who has been appointed as Managing Director and Chief Executive Officer of the Multi Commodity Exchange (MCX)?
a) Satyananda Mishra
b) Mrugank Paranjape
c) P. K. Singhal
d) JK Singh

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Answer b) Mrugank Paranjape. Deutsche Bank executive Mrugank Paranjape took over as Managing Director and Chief Executive Officer of the Multi Commodity Exchange (MCX), which has been headless for two years. For the past two years, the affairs of the exchange had been handled by joint managing director P.K. Singhal, who was re-designated as the president and whole-time director of the exchange on 1 April.

4. World Migratory Bird Day is observed on?
a) May 8
b) May 5
c) May 7
d) May 10

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Answer d) May 10. World Migratory Bird Day (WMBD) was initiated in 2006 and is an annual awareness-raising campaign highlighting the need for the conservation of migratory birds and their habitats. Each year, on the second weekend in May, people around the world take action and organize public events such as bird festivals, education programmes, exhibitions and bird-watching excursions to celebrate WMBD. 2016 Theme: Stop the Illegal Killing, Taking and Trade of Migratory Birds.

5. NASA researchers have detected atomic oxygen in _______________ atmosphere.
a) Earth
b) Jupiter
c) Mars
d) Saturn

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Answer c) Mars . For the first time in 40 years, NASA researchers have detected atomic oxygen in Mars‘ atmosphere, thanks to the Stratospheric Observatory for Infrared Astronomy (SOFIA), which soars on a plane 13.7 kilometres (45,000 feet) above Earth.

6. Inoperative Employees Provident Fund accounts hold a sum of approximately __________________ crore.
a) 50000
b) 43000
c) 95000
d) 55000

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Answer b) 43000. Minister of State for Labour and Employment Bandaru Dattatreya said that inoperative Employees Provident Fund accounts hold a sum of approximately ₹43,000 crore. Dattatreya also said that interest would be credited to such accounts. He further said that over one crore claims were settled by the Employees Provident Fund Organisation in 2015-16, 98% of them within 20 days.

7. Which online retail company tied-up with local services provider UrbanClap to provide over 80 personal and home services on the online retailer’s Android app?
a) Amazon
b) Snap deal
c) Flipkart
d) Shopclues

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Answer b) Snap deal . Snap deal tied-up with local services provider UrbanClap to provide over 80 personal and home services on the online retailer’s Android app. The services include general fitness, yoga, beauty care and salon services at home among others. In April last year, Snapdeal Co-founders Kunal Bahl and Rohit Bansal had invested in UrbanClap in their individual capacities.

8. Government of India allows _________% FDI in asset reconstruction companies (ARCs) through the automatic route.
a) 49%
b) 80%
c) 51%
d) 100%

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Answer d) 100%. The government has relaxed FDI norms for asset reconstruction companies (ARCs), allowing 100% FDI through the automatic route, as per Budget announcements. Earlier, 49% investment was permitted through automatic route while investors had to obtain government approval to increase their stake in ARCs to over 49%. ARCs reconstruct assets and liabilities of other firms to make them saleable.

9. Who has been awarded Japan’s second highest civilian award for promoting Indo-Japan economic ties over last few decades?
a) NK Singh
b) Prakash Singh
c) Raman Singh
d) AK Kumar Singh

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Answer a) NK Singh. Former bureaucrat and parliamentarian NK Singh was awarded Japan’s second highest civilian award for promoting Indo-Japan economic ties over last few decades. Japanese PM Shinzo Abe conferred the ‘Order of the Rising Sun, Gold and Silver Star’ on the former IAS officer. “Indo-Japan relationship is on the cusp of historical changes”, said Singh after receiving the honour.

10. Government officials revealed that around ________________ crore was distributed to more than 30 crore beneficiaries using Direct Benefit Transfer (DBT) scheme last year.
a) 50000
b) 61000
c) 75000
d) 90000

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Answer b) 61000. Government officials revealed that around ₹61,000 crore was distributed to more than 30 crore beneficiaries using Direct Benefit Transfer (DBT) scheme last year. DBT helped remove duplicate beneficiaries across welfare schemes like PAHAL, officials told PM Narendra Modi in a high-level meeting. They added that over ₹10,000 crore was saved by deleting 1.6 crore fake ration cards.

11. India and _____________ signed a pact to amend the Double Taxation Avoidance Convention.
a) Mauritius
b) Japan
c) Spain
d) China

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Answer a) Mauritius. India and Mauritius signed a pact to amend the Double Taxation Avoidance Convention, a Finance Ministry release said that. It will give India rights to tax capital gains from the sale of shares in India by companies registered in Mauritius from April 2017. “It will improve transparency in tax matters and will help curb tax evasion”, the release added.

12. Which State Government announced ‘Agri Business Policy-2016’?
a) Gujarat
b) Tamil Nadu
c) Kerala
d) Bihar

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Answer a) Gujarat. Inaugurating Krishi Mahotsav , Gujarat Chief Minister Anandiben Patel announced the ‘Agri Business Policy-2016′. She claimed it aimed at increasing farmers’ income by strengthening agriculture-related infrastructure and promoting the food processing industry. The policy announced subsidies for food processing projects and loans for those wanting to establish food processing units.

13. Who won Mutua Madrid Open title?
a) Roger Federer
b) Novak Djokovic
c) Rafael Nadal
d) Andy Murray

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Answer b) Novak Djokovic . Novak Djokovic defeated Andy Murray 6-2, 3-6, 6-3 in the Madrid Open final to win a record 29th career Masters title. Djokovic saved seven break points in the final game and converted on his third match point of the night to secure the win over the defending champion, moving one victory ahead of Rafael Nadal in Masters Tournament victories.

14. Who has been resigned as BCCI president in the lead up to the elections for ICC chairman?
a) Sharad Pawar
b) Sunil Gavaskar
c) Shashank Manohar
d) N Srinivasan

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Answer c) Shashank Manohar. Shashank Manohar has stepped down as president of the Board of Control for Cricket in India (BCCI) barely seven months after his appointment for a second term in place of the late Jagmohan Dalmiya. He is all set to take over as the first independent chairman of the International Cricket Council.

15. Chennamaneni Rajeshwara Rao who passed away recently was a/an
a) Economist
b) Journalist
c) Politician
d) Actor

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Answer c) Politician . Veteran freedom fighter and former Sircilla MLA Chennamaneni Rajeshwara Rao was passed away at 93 in Hyderabad following prolonged illness. The senior leader, who is the elder brother of present Maharashtra Governor Ch Vidyasagar Rao, is survived by wife and a son.