CURRENT AFFAIRS PRACTICE QUESTIONS FOR ALL COMPETITIVE EXAMS

1) In which city, India's first hill station bicycle path was launched?
a. Darjeeling
b. Indore
c. Pune
d. Gangtok

2) On the occasion of Maha shivratri , PM Narendra Modi unveiled a 112-feet-tall Lord Shiva statue,that was made entirely of ………
a. Bronze
b. Steel
c. Gold
d. Silver

3) India’s first Gramin Khel Mahotsav will be conducted in which city from 25th to 31st March 2017.?
a. Hyderabad
b. Chennai
c. New delhi
d. Agra

4) Which country army has launched nationwide military operation named ‘Radd-ul-Fasaad’ to eliminate menace of terrorism and consolidate gains of its counter-terrorism operations?
a. Iran
b. Iraq
c. Russia
d. Pakistan

5) The ……editon BRICS Summit’s first Sherpas Meeting took place in Nanjing?
a. 9th
b. 10th
c. 8th
d. 7th

6) Government has announced to bring high-speed broadband connectivity to every village by which year?
a. 2018
b. 2019
c. 2020
d. 2021

7) Which series of Sovereign Gold Bonds in 2016-2017 has been issued by union finance ministry recently?
a. Series III
b. Series IV
c. Series V
d. Series VI

8) The state-owned Airport Authority of India (AAI) along with International Air Transport Association (IATA) launched, an e-billing solution for airport operators across the world. Name it?
a. SKYREV360
b. SKYREV260
c. SKYREV460
d. SKYREV560

9) Which country and India held detailed deliberations on the legal processes and procedures on Extradition and Mutual Legal Assistance held in New Delhi recently?
a. USSR
b. USA
c. UK
d. UAE

10) The Union Cabinet has approved signing of a Memorandum of Understanding (MoU) between India and which country for promotion and development of coop - eration in civil aviation security?
a. Australia
b. Norway
c. Cuba
d. Cambodia

11) The PSU bank that has bagged two IBA Banking Technology awards is ……?
a. SBI
b. Andhra bank
c. Karnataka bank
d. Kerala bank

12) Hassan Ali Khaire is the new PM of which country , appointed on 23rd Feb 2017?
a. Somalia
b. Saudi arabia
c. Doha
d. Cuba

13) The Central Board of Excise and Customs (CBEC) has launched a mobile application for Goods and Services Tax. Taxpayers can readily access a host of GST information. Which of the following statements are true about it?
1. Migration to GST-Approach and guidelines for migration
2. Draft Law-Model GST Law, IGST Law and GST Compensation law
3. Draft Rules-Rules related to Registration, Returns, Payment, Refund and Invoice
4. Various resources on GST such a videos, articles etc
5. Related website links, FAQs, Help desk/email contact
a. Only 1,2,3 are true
b. Only 2,3,4 are true
c. Only 3,4,5 are true
d. All 1,2,3,4 and 5 are true

14) Sampark is a …………..?
a. Business Idea challenge
b. Industry academia interface event
c. Both of the above
d. None of the above

15) As cyber attacks are increasing, the government through its Computer Emergency Response Team (CERT-in) on 21st Feb 2017 launched which among the following?
a. Cyber swachhtha kendra
b. Cyber forensic kendra
c. Cyber swatch kendra
d. None of the above

16) Telecom operator Bharti Airtel will acquire the business of which among the following company?
a. Vodafone
b. Telenor (India) Communications Private Limited
c. Telenor India
d. Both b & c

17) TATA Communications recently launched which iOT platform?
a. MOVE
b. PULL
c. PUSH
d. SPEED

18) Rate of retreat of Gangotri glacier has slowed down to how many metres since 2008 from the maximum of 35 metres recorded in 1974?
a. 11
b. 13
c. 14
d. 15

19) Small Industries Development Bank of India (SIDBI) has signed a Memorandum of Understanding (MoU) with which Bank for providing concessional finance to micro and small enterprises (MSEs)?
a. State bank of India
b. Vijaya bank
c. Axis bank
d. Yes bank

20) India’s first heliport, built by stateowned Pawan Hans will be set up at ?
a. Agra
b. Delhi
c. Hyderabad
d. Jaipur

21) Which Tata Steel's iron mine was felicitated with the Best Green Organ isation of the Year Award at the Global Green Future Leadership Awards in recognition of its environmental prot -
ection measures?
a. Katamati
b. Bokaro
c. Dhanbad
d. None

22) Shurhozelie Liezeitsu is the new Chief minister of which state in India?
a. Nagaland
b. Tripura
c. Mizoram
d. Meghalaya

23) The government on 22nd Feb 2017 approved a plan to double the capacity of solar parks and ultra-mega solar power projects (UMSPP) to how much MW from 20,000 mw?
a. 70,000
b. 40,000
c. 30,000
d. 35,000

24) The Impossibility Theorem was proposed by whom among the following, who died on 21st Feb 2017 in california?
a. John adems
b. John andrews
c. Kenneth J. Arrow
d.Kenneth K. James

25) Among the following, who is the largest G20 investor in India?
a. Britain
b. Japan
c. China
d. USA

26) On which day The International Mother language day was observed?
a. Feb 21
b. Feb 23
c. Feb 20
d. Feb 19

27) The South Asian Speakers Summit 2017 concluded on 20 February 2017 in which city?
a. Agra
b. Indore
c. Bhopal
d. Dispur

28) Identify the state that released digital road map?
a. AP
b. Telengana
c. Haryana
d. Punjab

29) Professor from Delhi University (DU) and his team discovered four new miniature species, and that the Frogman of India is …………?
a. SD Biju
b. SD Bilu
c. SD Biku
 d. SD Bibbu

30) Government is developing which among the following, to promote cashless economy?
a. Online platform for regulating cashless payments
b. Mobile app for regulating online transactions
c. Digital matrix to evaluate states for cashless economy
d. All above

ANSWERS:
1. A 2. B 3.C 4.D 5.A 6.A 7.B 8.A 9.C
10.A 11.C 12.A 13.D 14.C 15.A 16.D 17.A 18.A 19.B 20.B
21.A 22.A 23.B 24.C 25.A 26.C 27.B 28.C 29.A 30.C

Linking of Bank Account with Aadhaar

Banks are committed to seed savings bank accounts with the account holder’s Aadhaar number, based on the account holder’s consent. 

Aadhaar seeding will help accountholders to do fund transfer through the Aadhaar Enabled Payment System (AEPS) at Banking Correspondent points. Bharat Interface for Money (BHIM) app also supports pay to Aadhaar number mode. Further, Direct Benefit Transfer (DBT) can be made to eligible seeded accounts. 

As per reports received from public sector banks, Regional Rural Banks and 13 private sector banks, there are 110.03 crore individual, operative savings bank accounts (including Pradhan Mantri Jan Dhan Yojana accounts) with Aadhaar number seeded in 52.95 crore accounts. 

The overreaching aim and objective of seeding is enabling delivery of basic financial services. 

National Foundation for Corporate Governance (NFCG)

With the objective of fostering a culture of good governance, the National Foundation for Corporate Governance (NFCG) has accredited forty Seven premier Indian Institutions/Organizations as National Centers for Corporate Governance. These centers conduct seminars, workshops conferences, directors’ orientation programmes etc. for promoting good corporate governance practices and also carry out research work in this field. More than 250 events have been organized and 30 research works completed under the aegis of NFCG, besides publication of compendium on corporate sector and inclusive growth. The research report of the foundation, which include subject such as the role of independent directors, CSR, corporate governance in energy sector, reforms in banking sector etc. have also been hosted on its website for the benefit of the Stakeholders.

The objectives of the National Foundation for Corporate Governance (NFCG) set up in 2003, as per the trust deed, are given as under.

(a)    To provide a platform to deliberate issues relating to good corporate governance as the key to sustainable wealth creation;

(b)   To sensitize corporate leaders on the importance of good corporate governance, self- regulation and directorial responsibilities- statutory, social and environmental;

(c)    To stimulate and to facilitate exchange of experiences and ideas between corporate leaders, policy makers, regulators, law enforcing agencies, non-government organizations and voluntary agencies with a view to developing a framework for corporate governance reforms in the context of liberalization and globalization;

(d)   To provide research, training, practice, building, standard setting, advocacy, rating, monitoring, recognition and related support in the field of corporate governance;

(e)    To provide financial or any other assistance directly or indirectly for activities which seek to promote corporate governance including research and training;

(f)    To develop strategies that enhance value for all stakeholders and ensure long term benefits to the shareholders and the society at large;

(g)   To establish and deepen links with organizations in various parts of the world which promote corporate governance for exchange of ideas and for collaborative actions, projects and programmes;

(h)   To institute national awards and recognitions for excellence in corporate governance and develop a system of corporate governance rating;

(i)     To collaborate and to support, directly or indirectly, the initiative of any individual, group, organization or institution in promoting corporate governance;

(j)     To develop a code of best practices for corporate governance taking into consideration the international examples and to promote its voluntary adoption by the corporate bodies;

(k)   To prepare, print and publish any papers, periodicals or newspapers, books or leaflets either on its own or in collaboration with other persons/ entities through print or other media and to contribute to any papers or periodicals to disseminate information and knowledge in the area of corporate governance;

(l)     To facilitate, promote, commend and collaborate on the proposals from individuals, associations and organizations for funding by national, international and multi- lateral organizations as also industry- associations, regulators and governments;

(m) To provide advice, consultancy and technical and managerial support to the beneficiaries of the Trust’s programmes through a network of advisors drawn from the industry and institutions of excellence; and

(n) Other related objects.

BHIM app

The Bharat Interface for Money (BHIM) app has been launched on the iOS platform after its successful launch on android platform. On iOS it is currently supporting over 35 banks
and is currently available in Hindi and English BHIM app on iOS also has a limit of Rs 10, 000 per transaction and Rs20, 000 in a day for transfers through the bank account.