Current Affairs MCQ 5th January 2018

Dear Sehpaathians

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

1) __________Myanmar Land Border Crossing Agreement Approved
a) India
b) Nepal
c) Saudi Arabia
d) Japan
e) None of the above
Answer: a)
Explanation: Cabinet has approved the Agreement between India and Myanmar on Land Border Crossing.

2) MoU between India and __________ on Cooperation in Oil and Gas Sector Approved
a) Israel
b) Nepal
c) Saudi Arabia
d) Japan
e) None of the above
Answer: a)
Explanation: Cabinet has approved the signing of MoU between India and Israel on cooperation in the Oil and Gas Sector.

3) RBI Initiates PCA Against _________
a) Allahabad Bank
b) SBI
c) Axis Bank
d) Bank of Baroda
e) None of the above
Answer: (a)
Explanation: The Reserve Bank of India has initiated ‘prompt corrective action’ (PCA) against Allahabad Bank over its high bad loans.

4) NABARD Sanctioned Rs 372.51 crore to _______
a) Tamil Nadu
b) Odisha
c) Rajasthan
d) Punjab
e) None of the above
Answer: b) The NABARD has sanctioned Rs 372.51 crore loan assistance under the Rural Infrastructure Development Fund (RIDF) to Odisha towards irrigation and rural bridge projects for the last quarter of this fiscal.

5) __________ Grameena Vikas Bank Introduces Desktop ATMs in Rural India
a) Tamil Nadu
b) Odisha
c) Rajasthan
d) Andhra Pradesh
e) None of the above
Answer: d)
Explanation: The Andhra Pradesh Grameena Vikas Bank (APGVB) has operationalised its first desktop ATM in Telangana. The mini-ATM within the branch premises will facilitate customers to withdraw small amounts.

6). IICA, ________ Sign MoU to Provide Training on Payment Banking
a) IPPB
b) HSBC
c) HDFC
d) HPCL
e) None of the above
Answer: d)
Explanation: The Indian Institute of Corporate Affairs (IICA) and India Post Payments Bank (IPPB) signed an agreement for the training of employees of the latter in the area of payment banking.

7) No Charges on Debit Card Transactions up to Rs _________
a) Rs.2000
b) Rs.1000
c) Rs.5000
d) Rs.3000
e) None of the above
Answer: a)
Explanation: Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs 2,000.

8) __________ Bank Partners with Rajasthan Govt. to Promote Startup Culture
a) HSBC
b) SBI
c) Axis Bank
d) HDFC
e) None of the above
Explanation: (d) HDFC Bank has announced a partnership with Rajasthan Government to promote and nurture startups in the state.

9) _________ Appointed Deputy National Security Adviser
a) Rajinder Khanna
b) Rajesh Mehra
c) Rajeev Mehrishi
d) Arun Goel
e) None of the above
Answer: (c)
Explanation : Rajinder Khanna was appointed the deputy National Security Adviser (NSA). He was the former chief of the country’s external intelligence agency Research and Analysis Wing (RAW).

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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