JANUARY 2018

Current Affairs MCQ 3rd January 2018

Current Affairs MCQ 3rd January 2018

Dear Sehpaathians

We are here with Multiple choice Questions based on Current affairs MCQ 3rd January 2017

1) _________ and UAE Introduce VAT for First Time
a) India
b) Nepal
c) Saudi Arabia
d) Japan
e) None of the above
Answer: c)
Explanation: Saudi Arabia and the United Arab Emirates (UAE) introduced value-added tax (VAT). These are the first two countries in the Gulf which have introduced the VAT system.

2) Pankaj Jain Assumes Charge as __________ Managing Director
a) IIFCL
b) IITM
c) SBI
d) Axis Bank
e) None of the above
Answer: a)
Explanation: Pankaj Jain, Joint Secretary in the Department of Financial Services (DFS), has assumed charge as the Managing Director of India Infrastructure Finance Company Ltd (IIFCL).

3) 1st Draft of National Register of Citizens in _________ Released
a) Arunachal Pradesh
b) Assam
c) Maharashtra
d) West bengal
e) None of the above
Answer: (b)
Explanation: The citizen of Assam witnessed the release of the first draft of National Register of Citizens (NRC) containing the first batch of 19 million names of genuine Indian citizens in compliance with the Supreme Court ‘s orders.

4) Women and Child Development Minister Maneka Gandhi inaugurated an online portal NARI in _______
a) Mumbai
b) Delhi
c) Bangalore
d) Jaipur
e) None of the above
Answer: b) Women and Child Development Minister Maneka Gandhi inaugurated an online portal NARI in New Delhi for the empowerment of women.

5) __________ and Manipuri Versions of PM Modi’s Official Website Launched
a) Assamese
b) Delhi
c) Kerala
d) Bihar
e) None of the above
Answer: a)
Explanation: The Assamese and Manipuri language versions of Prime Minister’s Official website- www.pmindia.gov.in were launched.

6). __________Golfer Shiv Kapur Wins Royal Cup at Pattaya
a) Indian
b) American
c) Australian
d) French
e) None of the above
Answer: a)
Explanation: Indian golfer Shiv Kapur won the Royal Cup at Pattaya, which is his third Asian Tour title of 2017. The 35-year-old, who had just one win in almost 11 years till April 2017, has now won three times in last eight months.

7) Veteran ________ Anwar Jalalpuri Passes Away
a) Poet
b) Politician
c) Singer
d) Actor
e) None of the above
Answer: a)
Explanation: Noted Urdu poet Anwar Jalalpuri passed away at the age of 71 in Lucknow. He suffered a brain stroke.

8) __________ Awards Major Contracts for Pradhan Mantri Urja Ganga
a) HPCL
b) NTPC
c) NPCL
d) GAIL
e) None of the above
Explanation: (d) GAIL India has placed orders for another 400-km of pipeline of the ambitious Pradhan Mantri Urja Ganga natural gas pipeline project that will take the fuel to eastern India.

9) _________ Reduces Base Rate and Benchmark Prime Lending Rates Each by 30 bps
a) Bank of India
b) Allahabad bank
c) SBI
d) PNB
e) None of the above
Answer: (c)
Explanation : The State Bank of India reduced the base rate and benchmark prime lending rates by 30 basis points each, which will benefit nearly 80 lakh customers on the old pricing regime.

10) _________ gets Rs. 2,257 cr From Govt
a) Bank of India
b) Axis Bank
c) SBI
d) PNB
e) None of the above
Answer: a) State-run Bank of India has received capital infusion of Rs. 2,257 crore from the government. “The bank has received infusion of Rs. 2,257 crore from the Government of India, in the form of Common Equity Tier-1 Capital, which is being kept as Share Application money and would be alloted after due procedure/ conditions for allotment”.

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