Daily Current Affairs Quiz 14 Oct 2018

  1. The success of the JAM Number Trinity solution is based on the premise that

(a)          Employment data of workers in both formal and informal sectors across the country will be recorded and updated in real time.

(b)          An individual’s Aadhaar number will be linked to his/her mobile number and Permanent Account Number.

  (c)         The Financial Resolution and Insurance Deposit Bill will be passed by the Parliament.

(d)          An individual’s Aadhaar number will be linked to his/her voter ID and bank account number.     

Solution: b.

  1. The Bank for International Settlements (BIS) highlights some important characteristics that need to be in place for currency internationalisation. The most critical among these is

(a)          Exporters, whether from the country concerned or others, must be able to invoice their exports in that currency.

(b)          A range of entities including private and official companies and banks as well as individuals, should be able to hold the amounts they desire.

 (c)          The issuing country must have no restrictions on purchase or sale of that currency by any entity.

(d)          Both domestic and foreign firms and institutions should be able to issue marketable instruments in that country’s currency, irrespective of place of issue.

Solution: c.

  1. Consider the following statements:
  2. Statutory Liquidity Ratio is a measure of the reserves that commercial banks are required to hold in the form of government bonds and gold only.
  3. Cash Reserve Ratio is a measure of the reserves that banks need to hold with RBI in the form of cash.

Liquidity Coverage Ratio is a measure of highly liquid assets which can be easily converted into cash that banks are required to hold.

Which of the statements give above is/are correct?

(a)          1 and 2 only

(b)          3 only

  (c)         2 and 3 only

(d)          None of the above

Solution: c

  1. The World Development Report is an annual publication of

(a)          World Bank

(b)          World Economic Forum

  (c)         G20

(d)          Devex  

Solution: a.

The World Bank released recently a Human Capital Index (HCI) as part of the World Development Report 2019.

  1. Consider the following statements:

As per the latest Agricultural Census

The total number and cumulative area of small land holdings showed an increase in 2015-16 compared to 2010-11.

The total number and area of medium as well as large landholdings declined in 2015-16 compared to 2010-11.

Which of the statements given above is/are correct?

(a)          1 only

(b)          2 only

  (c)         Both 1 and 2

(d)          Neither 1 nor 2

Solution: c.

  1. What is India’s rank in the list of Global Hunger Index (GHI) 2018?

(a) 86th

(b) 94th

(c) 103rd

(d) 109th

  1. Which country topped the list of Global Hunger Index (GHI) 2018?

(a)Estonia

(b)Kuwait

(c) Cuba

(d)Belarus

  1. Which country is suffering from an extremely alarming level of hunger as per 2018 Global Hunger Index?

(a)Angola

(b)Central African Republic

(c) South Sudan

(d)Rwanda

  1. Who has been chosen as India’s first ‘Miss Trans Queen’?

(a)Veena Sendre

(b)Sanya Sood

(c) Nitasha Biswas

(d)Namita Ammu

  1. Which state has been awarded UN Food and Agriculture Organisation’s (FAO) Future Policy Gold Award (Gold Prize) for its achievement in becoming the world’s first totally organic agriculture state?

(a)Assam

(b)Sikkim

(c) Goa

(d)Kerala

  1. Which of the following musicians has recently won the special lifetime achievement award from the Music Academy?

(a)Lalgudi G Jayaraman

(b)Vikku Vinayakram

(c) Hariprasad Chaurasia

(d)Kamala Lakshminarayanan

  1. Which IIT has collaborated with Tamil Nadu e-Governance Agency (TNeG(A)to enhance data-driven governance?

(a)IIT-Bombay

(b)IIT-Madras

(c) IIT-Indore

(d)IIT-Kanpur

  1. Which state is planning to launch a new scheme ‘Blue Revolution: Integrated Development and Management of Fisheries’?

(a)Manipur

(b)Meghalaya

(c) Assam

(d)Jharkhand

  1. ISRO has recently signed pact with which state University to set up the Satish Dhawan Center for Space Science’?

(a)Assam

(b)Odisha

(c) Jammu

(d)Punjab

  1. Which of the following cities is the venue of the 17th CHG of meeting of the Shanghai Cooperation Organization (SCO)?

(a)Dushanbe

(b)Sochi

(c) New Delhi

(d)Moscow

Answers:

1:  103rd

2:  Belarus

3: Central African Republic

4: Veena Sendre

5: Sikkim

6: Vikku Vinayakram

7:  IIT-Madras

8: Meghalaya

9:  Jammu

10: Dushanbe

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