Current Affairs Quiz – September 22 2016

Current Affairs Quiz

1. ___________________has approved a $631-million loan to the proposed Vishakhapatnam-Chennai industrial corridor (VCIC), the first coastal one in the country
a) New Development Bank
b) World Bank
c) Reserve Bank of India
d) Asian Development Bank

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Answer d) Asian Development Bank. Asian Development Bank (ADB) has approved a $631-million loan to the proposed Vishakhapatnam-Chennai industrial corridor (VCIC), the first coastal one in the country. The Manila-Based regional development financing bank approved the loan which will help develop infrastructural amenities and industrial capabilities in and around major cities in Andhra Pradesh such as Vishakhapatnam, Kakinada and the proposed state Capital of Amravati.

2. India has pledged financial assistance worth 30.29 million Nepali Rupees for construction of a new college building in ____________ district
a) Udaipur
b) Jaipur
c) Patna
d) Kanpur

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Answer a) Udaipur. India has pledged financial assistance worth 30.29 million Nepali Rupees for construction of a new college building in Udayapur district in the country. A tripartite Memorandum of Understanding was signed among Indian Embassy, Local Development Officer, Udayapur district, and Shri Narad Adarsha Education Campus of Udayapur district for the construction of the campus building, according to a press release issued by the Indian mission.

3. Adani Enterprises commissioned a 648 MW solar power plant in ______________, which it claims is the world’s largest solar plant at a single location
a) Telangana
b) Tamil Nadu
c) Maharashtra
d) Odisha

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Answer b) Tamil Nadu. Adani Enterprises commissioned a 648 MW solar power plant in Tamil Nadu, which it claims is the world’s largest solar plant at a single location, with an investment of ₹4,550 crore. This is a part of the company’s plans to achieve a solar power generating capacity of 3,500 MW by March 2017.

4. Which Bank has emerged as India’s most valuable brand for the third consecutive year, ranking first on the BrandZ Top 50 list released by WPP Group?
a) Axis Bank
b) ICICI Bank
c) HDFC Bank
d) Kotak Mahindra Bank

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Answer c) HDFC Bank. HDFC Bank has emerged as India’s most valuable brand for the third consecutive year, ranking first on the BrandZ Top 50 list released by WPP Group. Valued at $14.4 billion, it was the only Indian brand in the BrandZ Top 100 most valuable global brands list released earlier. HDFC Bank was followed by Airtel and SBI in the list.

5. _________________ has topped Forbes’ annual list of India’s 100 richest tycoons for 2016
a) Ratan Tata
b) Mukesh Ambani
c) Dilip Shanghvi
d) Hinduja brothers

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Answer b) Mukesh Ambani. Reliance Industries Limited Chairman Mukesh Ambani has topped Forbes’ annual list of India’s 100 richest tycoons for 2016. With a net worth of $22.7 billion (₹1.52 lakh crore), Ambani has retained the number one spot for the ninth consecutive year. Sun Pharmaceuticals MD Dilip Shanghvi ($16.9 billion) and Hinduja brothers ($15.2 billion) ranked second and third respectively on the list.

6. Which State government reduced the stamp duty on the purchase of land and houses in the name of women to 4% from 5%?
a) Haryana
b) Bihar
c) Odisha
d) Tamil Nadu

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Answer c) Odisha . The Odisha government reduced the stamp duty on the purchase of land and houses in the name of women to 4% from 5%. The decision was taken on the basis of the provisions under the state government’s Policy for Girls and Women, 2014. The rate of stamp duty in the state is generally 7% of the land cost.

7. Which film is India’s official entry to Academy Awards 2017 in the Foreign Language Film Category?
a) Duronto
b) Visaaranai
c) Masaan
d) Bahubali

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Answer b) Visaaranai . Tamil film ‘Visaaranai’ is India’s official entry to Academy Awards 2017 in the Foreign Language Film category. Featuring Dinesh, Anandhi and Aadukalam Murugadoss in the lead roles, the film focuses on corruption and police brutality. Directed by Vetrimaaran and produced by Dhanush, ‘Visaaranai’ won three National Awards this year, including the best Tamil film award.

8. Finance Minister Arun Jaitley inaugurated the “Incredible India Tourism Investors Summit (IITIS)-2016” organized by Ministry of Tourism at __________
a) Mumbai
b) Hyderabad
c) Bangalore
d) New Delhi

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Answer d) New Delhi. Arun Jaitley, Minister for Finance and Corporate Affairs inaugurated the “Incredible India Tourism Investors Summit (IITIS)-2016” organized by Ministry of Tourism at Delhi. IITIS is a platform for domestic and international investors to meet project owners from across Indian states and the private sector. Highlights of this summit are State Presentations encompassing all investible Properties, Session on Why Invest in India, MSME in tourism sector, Panel discussions on core infrastructure for tourism, Session on Start-ups, digital India, Investing into Swadesh Darshan, PRASAD, MICE and Niche Tourism Products, B2B meetings and signing of MoUs.

9. Which country will host the 2017 global conference of the International Association of Science Parks and Areas of Innovation (IASP)?
a) India
b) Russia
c) Turkey
d) Poland

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Answer c) Turkey . Istanbul in Turkey will host the 2017 global conference of the International Association of Science Parks and Areas of Innovation (IASP). The Spain-headquartered IASP is the largest worldwide network of science parks and areas of innovation, uniting technology parks, business incubators and institutions, and it has a Special Consultative Status with the UN Economic and Social Council (ECOSOC).

10. Kotak Mahindra Bank (KMB) has launched an application __________ that would allow new customers to open an account
a) Kotak New
b) Kotak Now
c) Kotak Acc
d) Kotak Sav

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Answer b) Kotak Now. Private lender Kotak Mahindra Bank (KMB) has launched an application ‘Kotak Now’ that would allow new customers to open an account in a more simpler and cost-effective manner. This is for the first time that a domestic lender has come up with such facility where a customer can open a bank account using its application. ‘Kotak Now’ is in sync with Prime Minister’s vision of ‘Digital India’.

11. Who has been named the captain of the all-time India Test XI chosen by cricket magazine Wisden?
a) Virat Kohli
b) Kapil Dev
c) MS Dhoni
d) Rahul Dravid

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Answer c) MS Dhoni. Mahendra Singh Dhoni has been named the captain of the all-time India Test XI chosen by cricket magazine Wisden. The celebrated team has been picked ahead of India’s 500th Test which will be played against New Zealand in Kanpur. The openers in the side are Sunil Gavaskar and Virender Sehwag, followed by Rahul Dravid, Sachin Tendulkar, VVS Laxman, all-rounder Kapil Dev and Dhoni the wicket-keeper batsman.

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