Current Affairs Quiz For RBI/IBPS Exams


Q1. The Special Investigation Team (SIT) on black money has recommended ban on cash transactions of above Rs 3 lakh and restricting cash holding with individuals to not more than Rs 15 lakh to curb illegal wealth in the economy recently. The SIT is headed by...........?
a) Bibek Debroy
b) Rajendra Mal Lodha
c) RK Mathur
d) M B Shah
e) C Rangarajan
(The Special Investigation Team (SIT) on blackmoney has recommended ban on cash transactions of above Rs 3 lakh and restricting cash holding with individuals to not more than Rs 15 lakh to curb illegal wealth in the economy. The SIT headed by Justice (Retd) M B Shah, submitted its fifth report to the Supreme Court on methods to curb black money in the economy.)

Q2. Which of the following state government has set a target to construct toilets across all villages of the state by March 2019 to enable open defecation free (ODF) in rural area?
a) West Bengal
b) Haryana
c) Punjab
d) Bihar
e) Uttar Pradesh
(The West Bengal government has set a target to construct toilets across all villages of the state by March 2019 to enable open defecation free (ODF) rural Bengal. Mr. Dibyendu Sarkar, Commissioner in the State's Panchayat and Rural Development Department, has said that, by March 2019, his department plans to have toilets across all rural homes in the state.) 

Q3. Which state has launched SV.CO, reportedly world’s first digital student incubator, as a digital makeover of the Startup Village recently?
a) Gujarat
b) Rajasthan
c) Maharashtra
d) Tamil Nadu
e) Kerala
(Kerala Chief Minister Pinarayi Vijayan has launched SV.CO, purportedly world’s first digital student incubator, as a digital makeover of the Startup Village in Kochi. SV.CO will constitute the second phase of development of Startup Village and is designed to help thousands of college-goers make an early start in entrepreneurship.)

Q4. India and the _________ reviewed the progress of long-stalled talks for the proposed free trade agreement and expressed willingness to address outstanding issues as an integral part of the negotiations recently.
a) USA
b) China
c) European Union
d) Mexico
e) Russia
(India and the EU reviewed the progress of long-stalled talks for the proposed free trade agreement and expressed willingness to address outstanding issues as an integral part of the negotiations. Post-Brexit, the Chief negotiators of European Union and India deliberated upon the Broad Based Bilateral Trade and Investment Agreement (BTIA) negotiations.)

Q5. In which of the following states reciting of the epic ‘Ramayanam’ in traditional Hindu homes and temples marks the observance ‘Ramayana Month’ beginning recently?
a) Maharashtra
b) Kerala
c) Tamil Nadu
d) Uttar Pradesh
e) Rajasthan
(During this month the temples and homes of the state recites Adhyatma Ramayanam Kilippattu written by medieval devotional poet Thunjath Ezhuthachan for the 30 days. Ezhuthachan is regarded as the father of Malayalam literature. The reading of epic Ramayana begins on the first day of the month and is completed on the last day of the month Karkkidakom. The Ramayana is recited by the elder members’ everyday in the evenings after lighting traditional lamp Nilavilakku.)

Q6. The Union Cabinet has approved the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) with an outlay of how much rupees to impart skill to one crore people over the next 4 years (2016-2020)?
a) Rs 62000 crore 
b) Rs 42000 crore 
c) Rs 12000 crore
d) Rs 22000 crore 
e) Rs 32000 crore
(The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) with an outlay of Rs.12000 crore to impart skilling to one crore people over the next four years (2016-2020). PMKVY will impart fresh training to 60 lakh youths and certify skills of 40 lakh persons acquired non-formally under the Recognition of Prior Learning (RPL). The target allocation between fresh trainings and RPL will be flexible and interchangeable depending on functional and operational requirements.)  

Q7. Which of the following organisations has launched it's new initiative called the Food Safety Knowledge Assimilation Network, which will be a framework for scientific co-operation for food safety and nutrition recently?
a) Ministry of Food Processing Industries of India
b) National Bank for Agriculture and Rural Development (NABARD) 
c) Indian Railway Catering and Tourism Corporation (IRCTC)
d) Ministry of Agriculture & Farmers Welfare
e) Food Safety and Standards Authority of India (FSSAI)
(In an official statement, FSSAI said that the network will establish a framework for scientific co-operation by exchange of information and co-ordination of research activities in the country. The regulator has got about 90 research proposals from various scientific institutions for taking up R&D studies in the areas of food safety and nutrition.)

Q8. Talgo has become the fastest train in the country by clocking a speed of 180 km/hr by covering 84 km in 38 minutes in a trial conducted by Railways on Mathura-Palwal route, surpassing the record of Gatimaan Express. Talgo is made in which of the following countries?
a) Spain
b) Germany
c) Canada
d) USA
e) Russia
(With Railways working to increase speed of trains, Spanish-made Talgo, whose trial run is happening in India, has become the fastest train in the country by clocking a speed of 180 km/hr by covering 84 km in 38 minutes. At present, Gatimaan Express is the fastest train at 160 km/hr.)

Q9. The Reserve Bank of India has set up an inter-regulatory Working Group to study the entire gamut of regulatory issues relating to Financial Technology and Digital Banking in India. The Working Group is headed by...........?
a) Nitin Chugh
b) Mrutyunjay Mahapatra
c) AS Ramasastri
d) Sudarshan Sen
e) AP Hota
(The Reserve Bank of India has set up an inter-regulatory Working Group to study the entire gamut of regulatory issues relating to Financial Technology and Digital Banking in India. The Working Group is headed by Sudarshan Sen, Executive Director of RBI, and has 12 members including AP Hota, MD and CEO, National Payments Corporation of India; AS Ramasastri, Director, Institute for Development and Research in Banking Technology; Mrutyunjay Mahapatra, Deputy Managing Director and CIO, State Bank of India; and Nitin Chugh, Head (Digital Banking), HDFC Bank.)

Q10. The Centre signed an agreement with which of the following international organization for a $100-million loan to improve drainage system and water management in the Vennar sub-basin of the Cauvery delta in Tamil Nadu recently?
a) World Bank
b) ADB
c) IMF
d) AIIB
e) IBRD
(The Government of India and the Asian Development Bank (ADB) today signed a $100 million loan agreement to strengthen key irrigation and drainage system and improve water management in the Vennar sub-basin of the Cauvery delta in Tamil Nadu. The financing will be used to strengthen embankments of six major irrigation water channels in the Vennar system and rehabilitate 13 irrigation pumping schemes.)