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Current Affairs Quiz (24-August-2017)

Quiz (August-24-2017)

1. Which of the following are some of the highlights of the second volume of the Economic Survey for 2016-17, which was released recently?

a) GDP growth in 2017-18 retained in at between 6.75 and 7.5 percent
b) The dangers of farm loan waivers which could reduce aggregate demand by as much as Rs 1.1 lakh crore or 0.7 per cent of GDP
c) The benefits of farm loan waivers which can push the GDP
d) Cash holdings being Rs 3.5 lakh crore (20 per cent) less than pre-demonetisation trends

A) a & b is the correct answer
B) a, b & c is the correct answer
C) a, b & d is the correct answer
D) a, c & d is the correct answer


2. Who is the watchdog of capital markets in India?

A) BSE
B) NSE
C) MCX
D) SEBI

A) a is the correct answer
B) b is the correct answer
C) c is the correct answer
D) d is the correct answer


3. What is the ultimate interest which the farmers will have to pay on short term farm loan of one year up to Rs. 3 lakh as per the recent notification by Reserve Bank of India?

A) 3%
B) 4%
C) 5%
D) 6%

A) a is the correct answer
B) b is the correct answer
C) c is the correct answer
D) d is the correct answer


4. What were the main highlights of Prime Minister Narendra Modi speech delivered on 71st Independence Day?

a) Farmers will grow his income two-fold by 2025
b) Farmers will grow his income two-fold by 2022
c) Significant attention to eastern India - Bihar, Assam, West Bengal, Odisha and the Northeast
d) Launch of slogan 'Bharat Jodo' (Bring India together)

A) a & d is the correct answer
B) a, c & d is the correct answer
C) a & b is the correct answer
D) b, c & d is the correct answer


5. One of the main highlights of Prime Minister Narendra Modi speech delivered on 71st Independence Day, was that, 1st January 2018 will not be an ordinary day. What is the relevance of this day?

A) From this day education, will be free in India which will boost the development of the country.
B) Those born in this century will start turning 18 who will be the Bhagya Vidhatas of our nation.
C) From this day expenses on health will be free in India which will boost the development of the country.
D) India will be sending a series of 10 satellites starting from this day.

A) a is the correct answer
B) b is the correct answer
C) c is the correct answer
D) d is the correct answer


6. What is the expected production of food grains in India for the 2016-17 crop year as per the agriculture ministry’s fourth advance estimate?

A) 245.5 MT
B) 260.5 MT
C) 270.85 MT
D) 275.68 MT

A) a is the correct answer
B) b is the correct answer
C) c is the correct answer
D) d is the correct answer


7. Which of the following are some of the major features of the new 50 Rs. Note which has been introduced by Reserve Bank of India?

a) The base colour of the note is fluorescent blue
b) The note has portrait of Mahatma Gandhi at the centre
c) It has motif of the Hampi chariot on the reverse
d) It has motif of the Ashokan Pillar on the reverse

A) a & b is the correct answer
B) a, b & c is the correct answer
C) a, b & d is the correct answer
D) None of the above is the correct answer


8. What things will be available at all the petrol pumps from 16th August 2017 after signing of MoU between EESL & Oil Companies?

a) LED bulbs will be available at Rs.50
b) LED bulbs will be available at Rs.70
c) LED Tube lights will be available at Rs.220
d) 5-star fans will be available for Rs.1200

A) a & d is the correct answer
B) a, c & d is the correct answer
C) b, c & d is the correct answer
D) b & c is the correct answer


9. How many state and central taxes and cesses were merged into a single levy called GST from 1st July 2017?

A) 16 state and central taxes and 25 cesses
B) 17 state and central taxes and 23 cesses
C) 15 state and central taxes and 28 cesses
D) 19 state and central taxes and 23 cesses

A) a is the correct answer
B) b is the correct answer
C) c is the correct answer
D) d is the correct answer


10. What is the amount of carbon released in the atmosphere due to El Nino effect from 2014-16?

A) 1 billion tonnes
B) 2 billion tonnes
C) 3 billion tonnes
D) 4 billion tonnes

A) a is the correct answer
B) b is the correct answer
C) c is the correct answer
D) d is the correct answer