Current Affairs MCQ 5th August 2017

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We are here with Multiple choice Questions based on Current affairs MCQ 5th August 2017

1) National Company Law Tribunal (NCLT) has approved the proposed merger between __________ and Telenor India
a) Bharti Airtel
b) Aircel
c) Idea
d) Reliance Jio
e) None of the above

Answer: a)
Explanation: The National Company Law Tribunal (NCLT) has approved the proposed merger between Bharti Airtel and Telenor India. Airtel would take over its spectrum in all seven circles — Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.

2). Aadi Perukku Festival Celebrated in _______
a) Jharkhand
b) Tamil Nadu
c) Punjab
d) Assam
e) None of the above

Answer: b)
Explanation: Aadi Perukku is celebrated for the birth of the Tamil month of Aadi. This is the beginning of all the festivals during the festival seasons.

3) Government launched the 2nd AGRI-UDAAN program in _________
a) New Delhi
b) Haryana
c) Assam
d) Rajasthan
e) None of the above

Answer:(a)
Explanation: In an attempt to promote innovation and entrepreneurship in agriculture, Government launched the 2nd AGRI-UDAAN program in New Delhi. It will mentor start-ups and help them connect with potential investors.

4) Centre proposes to set up how many new AIIMS hospitals in the country
a) 12
b) 15
c) 14
d) 10
e) None of the above

Answer: c) Government proposes to establish an additional 14 new AIIMS under various phases of Pradhan Mantri Swasthya Suraksha Yojana in different parts of the country, Lok Sabha was informed.

5) ________ Bank has raised interest rates on savings bank account, 5% for Above 1 Core Deposit, 3% for below 1 lakh Deposit
a) Kotak Mahindra bank
b) ICICI
c) RBL Bank
d) Karnataka Bank
e) None of the above
Answer: d)
Explanation: Karnataka Bank has raised interest rates on savings bank account for large balance above Rs 1 crore to 5% while for small balances below Rs 1 lakh, the bank has reduced it to 3%.

6). ___________ state government appointed Indian women team cricketer Harmanpreet Kaur as a DSP in the state police
a) Punjab
b) Haryana
c) Assam
d) Rajasthan
e) None of the above

Answer: a)
Explanation: The Punjab government has initiated the process of inducting Indian women team cricketer Harmanpreet Kaur as a DSP in the state police. Chief Minister Amarinder Singh directed the state Director General of Police (DGP) Suresh Arora to complete the necessary formalities for her appointment as DSP. She also received Rs 5 lakh cheque from CM.

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Test: CA 5th August 2017 under Current Affairs Category

7). Mohammad Mustafa was appointed as Chairman and Manging Director (CMD) in________
a) PFRDA
b) SIDBI
c) SEBI
d) RBI
e) None of the above

Answer: b)
Explanation: Senior bureaucrat Mohammad Mustafa was appointed as Chairman and Manging Director (CMD) in Small Industries Development Bank of India (SIDBI).

8) Lok Sabha Passes Bill to Raise NABARD’s Capital to Rs. ___________
a) Rs.30,000 Crore
b) Rs.20,000 Crore
c) Rs.10,000 Crore
d) Rs.40,000 Crore
e) None of the above

Explanation: (a) A bill to enable exit of Reserve Bank of India (RBI) from Nabard and increase authorized capital of the development institution six times to Rs 30,000 crore was passed by the Lok Sabha.

9) _______ to raise 2000 crore via BASEL- III bonds
a) HDFC
b) Axis Bank
c) ICICI
d) SBI
e) None of the above

Answer: (d)
Explanation: State Bank of India plans to raise Rs 2,000 crore by allotting Basel-III compliant bonds to various investors. The committee of directors for capital raising accorded its approval on 3rdof August 2017.

10) Agriculture Ministry signed a Memorandum of Association (MoA) for setting up a regional centre of the global rice research institute IRRI in _______
a) Noida
b) Lucknow
c) Assam
d) Varanasi
e) None of the above

Answer: d) The Agriculture Ministry signed a Memorandum of Association (MoA) for setting up a regional centre of the global rice research institute IRRI in Varanasi to develop high- yielding rice varieties.

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