Current Affairs Quiz – July 02 and 03 2016

Current Affairs Quiz

1. State Bank of India (SBI) and the ________________ have inked agreements for a $625 million (around Rs 4,200 crore) for solar power.
a) ADB Bank
b) World Bank
c) New Development Bank
d) None of these

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Answer b) World Bank. State Bank of India (SBI) and the World Bank have inked agreements for a $625 million (around Rs 4,200 crore) facility to support grid-connected rooftop solar programme (GRPV) in the country. This will help SBI in financing GRPV projects at competitive rates.

2. FSSAI inks MoU with ASCI to check misleading advertisements. Expand ASCI?
a) Administration Standard Council of India
b) Advertising Service Council of India
c) Advertising Standard Committee of India
d) Advertising Standard Council of India

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Answer d) Advertising Standard Council of India. Regulator FSSAI has joined hands with ASCI in its bid to check misleading advertisements in the food and beverages sector. Advertising Standard Council of India (ASCI) will comprehensively monitor the advertisements across various media. The council has been given a suo motu monitoring mandate by FSSAI to process complaints against misleading advertisements of food and beverages.

3. High speed offshore patrol vessel INS ______________ launched by Indian Navy
a) Sukanya
b) Saryu
c) Tarasa
d) Samar

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Answer c) Tarasa. The last ship in the series of four Water Jet Fast Attack Crafts (WJFAC) being built by the Garden Reach Shipbuilders and Engineers Ltd (GRSE) for the Indian Navy was launched. Christened INS Tarasa, after an island in the Andaman and Nicobar archipelago, the ship was launched by Aruna Korde, wife of Vice Admiral Jaywant Korde, the navy’s Controller of Logistics.

4. World’s largest international maritime exercise named RIMPAC (Rim of the Pacific) 2016 began in Pacific Ocean at Hawaii, ______________
a) China
b) USA
c) India
d) Australia

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Answer b) USA. The multinational exercise Rim of the Pacific Southern California 2016 has kicked off, occurring in and around Southern California through Aug. 4. RIMPAC SOCAL, helmed for the first time by Naval Surface Mine Warfare Development Center (SMWDC), allows U.S. and partner nation participants to train together with sea and shore based commands.

5. Which country builds world’s largest radio telescope?
a) India
b) USA
c) China
d) Japan

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Answer c) China. China has hoisted the final piece into position on what will be the world’s largest radio telescope, which it will use to explore space and help in the hunt for extraterrestrial life. The Five Hundred Metre Aperture Spherical Telescope, or Fast, is the size of 30 football fields and has been cut out of a mountain in the south-western province of Guizhou.

6. India and ____________ have agreed to revise their tax treaty under which capital gains tax will be levied on sale of shares on investments made after April 1, 2017.
a) USA
b) Cyprus
c) Mauritius
d) Singapore

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Answer b) Cyprus. India and Cyprus have agreed to revise their tax treaty under which capital gains tax will be levied on sale of shares on investments made after April 1, 2017, thus bringing the island nation at par with Mauritius in terms of tax treatment on investments. The new Cyprus Double Taxation Avoidance Agreement (DTAA), which has been agreed upon by both the countries, would provide for source-based taxation of capital gains on transfer of shares.

7. The International Co-operative Day or International Day of Co-operatives is observed on?
a) June 2
b) June 1
c) June 3
d) June 4

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Answer a) June 2. The International Co-operative Day / International Day of Co-operatives is celebrated on the first Saturday of July every year. To be celebrated on the 2nd of July 2016, this year’s theme is ‘Co-operatives: The power to act for a sustainable future’. Its aim is to increase awareness on co-operatives and promote the movement’s successes and ideals of international solidarity, economic efficiency, equality, and world peace.

8. Which Ministry has granted recognition to Paralympic Committee of India, giving a huge confidence boost to the several para-athletes who have qualified for Rio Paralympics?
a) Information and Broadcasting Ministry
b) Human Resource Development Ministry
c) Sports Ministry
d) Transport Ministry

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Answer c) Sports Ministry. The Sports Ministry has granted recognition to Paralympic Committee of India, giving a huge confidence boost to the several para-athletes who have qualified for Rio Paralympics. The ministry’s move comes less than a month after the International Paralympic Committee announced temporary lifting of suspension imposed on the national body last year so that Indians can take part under the tri-colour in the showpiece event in September.

9. _____________to officially sponsor Indian contingent at Rio Olympics 2016
a) Dabur
b) Amul
c) Britannia
d) DLF

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Answer b) Amul. India’s largest food products marketing organization Amul has announced its sponsorship of the Indian contingent at the biggest multi-sport event at the Rio 2016 Olympic Games. Being an avid supporter of various sporting events, Amul had earlier sponsored the Indian contingent at the London 2012 Olympic Games.

10. ______________will be hosting the world’s first Mixed Martial Arts (MMA) ‘Super Fight League’ from August 26 to October 1.
a) India
b) China
c) Japan
d) Pakistan

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Answer a) India. India will be hosting the world’s first Mixed Martial Arts (MMA) ‘Super Fight League’ from August 26 to October 1. The franchise-based league will feature eight teams –Delhi, Uttar Pradesh, Mumbai, Haryana, Bangalore, Punjab, Pune and Goa. The league will be a platform for Indian MMA players like Anup Kumar, CJ Singh, Amit Roy, Dhruv Chaudhary to showcase their skills. Each team will constitute nine Indian fighters and three international ones.

11. Who won Austrian Grand prix 2016?
a) Nico Rosberg
b) Sebastian Vettel
c) Kimi Raikkonen
d) Lewis Hamilton

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Answer d) Lewis Hamilton. Lewis Hamilton collided with Mercedes team-mate Nico Rosberg on the last lap before passing him to win a thrilling Austrian Grand Prix. The German turned into a corner late as Hamilton tried to pass around the outside and damaged his front wing, finishing fourth. Rosberg was given a 10-second penalty and two penalty points by stewards for causing a collision. It reduces Hamilton’s deficit to Rosberg to 11 points in the title race. Max Verstappen in a Red Bull was second and Kimi Raikkonen of Ferrari was third.

12. The South Asian Basketball Association (SABA) Zone Qualifying Round of the FIBA Asia Challenge 2016 will be held at ___________
a) Australia
b) South Africa
c) India
d) New Zealand

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Answer c) India. The South Asian Basketball Association (SABA) Zone Qualifying Round of the FIBA Asia Challenge 2016 will be held from July 6 to 8 at the Sree Kanteerava Indoor Stadium. The three-day competition will be played on a round robin league format. Four South Asian teams – defending champions and hosts India, Nepal, Bangladesh and the island nation of Maldives are in the fray.

13. Kapil Seth who passed recently was a/an
a) Cricketer
b) Politician
c) Actor
d) Journalist

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Answer a) Cricketer . Former Madhya Pradesh cricketer Kapil Seth has recently passed away. He was 36. According to the Madhya Pradesh Cricket Association (MPCA), the all-rounder was suffering from Hepatitis B. Seth, who represented the state in only one first-class and a List A game in the 2000-01 season, made his sole Ranji Trophy appearance against Vidarbha in November 2000,ESPN cricinfo reported.

14. Elie Wiesel who passed away recently was a/an
a) Actor
b) Author
c) Economist
d) Singer

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Answer b) Author. Elie Wiesel, a Holocaust survivor and author who fought for peace, human rights and simple human decency, has died at the age of 87. Wiesel, who won the Nobel Peace Prize in 1986, recounted his family being sent to the Nazi concentration camps in his first book, “Night,” which was published in France in 1958. Israeli Prime Minister Benjamin Netanyahu lauded Wiesel as a “master of words.”

15. Michel Rocard who passed away recently was a former prime minister of __________
a) France
b) South Africa
c) Russia
d) Japan

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Answer a) France . Former French Socialist Prime Minister Michel Rocard, hailed a “visionary statesman”, died Saturday aged 85 his son Francis told AFP. Rocard served as prime minister for three years from mid-1988 under Francois Mitterrand, the two-term Socialist president who led the country from 1981 to 1995. Mitterrand appointed Rocard to succeed future centre right president Jacques Chirac after a period of unprecedented left-right “cohabitation”.

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