Current Affairs MCQ 16th March 2019

Current Affairs MCQ 16^th March 2019

Q1. 2019 Lok Sabha elections is going to be held in 7 phases from April 11 to May 19. This will be _________ Lok Sabha Elections.

1. 19^th
2. 18^th
3. 15^th
4. 17^th

S1. Ans. {d}

Sol. 2019 Lok Sabha elections or 17th General Election to be held in 7 phases from April 11 to May 19; counting on May 23.

Q2. Kavinder Singh Bisht in the 56kg-category struck gold while Shiva Thapa in the 60kg category and three others claimed silver medals to end a fine Indian campaign at the 38th GeeBee Boxing Tournament in-

1. Helsinki, Finland
2. Stockholm, Sweden
3. Reykjavik, Iceland
4. Minsk, Belarus

S2. Ans. {a}

Sol. Kavinder Singh Bisht in the 56kg-category struck gold while Shiva Thapa in the 60kg category and three others claimed silver medals to end a fine Indian campaign at the 38th GeeBee Boxing Tournament in Helsinki, Finland.

Q3. Who has been named as Palestinian Prime Minister by President of Palestinian Authority recently?

1. Ismail Haniyeh
2. Yasser Arafat
3. Mahmoud Abbas
4. Mohammad Shtayyeh

S3. Ans. {d}

Sol. Mohammad Shtayyeh has been named as Palestinian Prime Minister by President of Palestinian Authority Mahmoud Abbas. A member of the West Bank’s dominant Fatah party is a long time ally of Abbas. The announcement came after Rami al-Hamdallah tendered his resignation from the post and of his unity government to President Mahmoud Abbas, underscoring the failure of Hamas and Fatah to implement a power-sharing deal.

Q4. The Supreme Court has ordered a court-monitored mediation in the Ram Janmabhoomi-Babri Masjid land dispute case to arrive at a “permanent solution” to the politically and religiously sensitive issue. The five-judge constitution bench headed by CJI ________________ appointed a panel of 3 mediators.

1. Dipak Misra
2. Ranjan Gogoi
3. H. J. Kania
4. TS Thakur

S4. Ans. {b}

Sol. The Supreme Court ordered a court-monitored mediation in the Ram Janmabhoomi-Babri Masjid land dispute case to arrive at a “permanent solution” to the politically and religiously sensitive issue. The five-judge constitution bench headed by CJI Ranjan Gogoi appointed a panel of 3 mediators in the title suit with Retired Justice Kalifullah chairing the court-appointed and monitored mediation process. The other two members are spiritual leader Sri Sri Ravi Shankar and senior advocate Sriram Panchu.

Q5. Which of the following Indian organisation has signed a Cooperation Agreement with the International Finance Corporation (IFC), a member of the World Bank Group (WBG)?

1. Reserve Bank of India
2. Insolvency and Bankruptcy Board of India
3. Securities and Exchange Board of India
4. National Bank for Agriculture and Rural Development

S5. Ans. {b}

Sol. The Insolvency and Bankruptcy Board of India (IBBI) has signed a Cooperation Agreement with the International Finance Corporation (IFC), a member of the World Bank Group (WBG). The agreement will enable IFC to assist IBBI to further build the capacity of insolvency professionals, and insolvency professional agencies for the purposes of the Code. The agreement was signed by K. R. Saji Kumar, Executive Director, IBBI and Jun Zhang, Country Manager, IFC India.

Q6. Korea Exim Bank has come forward to extend a ______________________ crore loan for Visakhapatnam (VIZAG) Metro Rail project.

1. Rs 6,700 crore
2. Rs 3,800 crore
3. Rs 4,100 crore
4. Rs 1,900 crore

S6. Ans. {d}

Sol. Korea Exim Bank has come forward to extend a Rs 4,100 crore loan for Visakhapatnam (VIZAG) Metro Rail project. The state government had earlier sent a proposal in this regard to the Central government, which in turn forwarded it to Korea Exim Bank. Following this, the Bank deputed a team to Amaravati to hold talks with the state government.

Q7. Which bank has become the first domestic bank to link the interest rate it offers on savings account deposits to an external benchmark — the Reserve Bank of India’s repo rate?

1. State Bank of India
2. Bank of Baroda
3. ICICI Bank
4. Axis Bank

S7. Ans. {a}

Sol. State Bank of India has become the first domestic bank to link the interest rate it offers on savings account deposits to an external benchmark — the Reserve Bank of India’s repo rate. By doing so, the bank will effectively link all loan rates to an external benchmark either directly or indirectly, thereby attempting to speed up the transmission of any changes in the benchmark monetary policy rate to depositors and borrowers.

Q8. Name the insurance company, which was awarded the coveted Golden Peacock Innovative Product Award – 2019, for their contextual micro insurance product –“Ola Ride Insurance”?

1. TATA AIG
2. ICICI Lombard
3. Coverfox Insurance Broking PVT. LTD.
4. ACKO General Insurance

S8. Ans. {d}

Sol. ACKO General Insurance a new-age digital insurance company was awarded the coveted Golden Peacock Innovative Product Award – 2019, for their contextual micro insurance product –“Ola Ride Insurance”. The award was presented to Mr. Biresh Giri, Appointed Actuary & CRO, Acko. The award ceremony was held in Dubai.

Q9. Which country has won the First Prize in the category of TV Cinema Spot at the prestigious international Golden City Gate Tourism Awards 2019?

1. Japan
2. China
3. India
4. USA

S9. Ans. {c}

Sol. The Ministry of Tourism, Government of India has won the First Prize in the category of TV Cinema Spot at the prestigious international Golden City Gate Tourism Awards 2019. The awards were received by Yogendra Tripathi, Secretary, Tourism at ITB, Berlin.

Q10. A 116-year-old woman Kane Tanaka, who loves playing the board game Othello is being honored as the world’s oldest living person by Guinness World Records. Kane Tanaka belong to which country?

1. Thailand
2. Japan
3. Singapore
4. Nepal

S10. Ans. {b}

Sol. A 116-year-old Japanese woman who loves playing the board game Othello is being honored as the world’s oldest living person by Guinness World Records. Kane Tanaka was born January 2, 1903, the seventh among eight children. The previous oldest living person was another Japanese woman, Chiyo Miyako, who died in July at age 117.