Current Affairs Quiz: December 14, 2017

Current Affairs 14 December 2017 Quiz

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Quiz from Current Affairs 13 December 2017 of A2Z – Click Here to Read Current Affairs of December 13, 2017

1. In its recent prediction, the Asian Development Bank (ADB) has lowered India’s GDP growth for 2017-18 from previous 7 percent to _____ percent.
   A) 6.6 percent
   B) 6.7 percent
   C) 6.5 percent
   D) 6.4 percent
   
   View Answer

     Option B
   Explanation: The Asian Development Bank (ADB) lowered its Indian GDP forecast for the current financial year to 6.7 per cent citing tepid growth in the first half, demonetisation and transitory challenges posed by implementation of GST. It also revised its Indian Gross Domestic Product outlook for the 2018-19 fiscal down to 7.3 per cent, from 7.4 per cent.
2. Which of the following words has been registered as the word of the year 2017 by the online dictionary Merriam-Webster?
   A) Recuse
   B) Complicit
   C) Feminism
   D) Dotard
   
   View Answer

     Option C
   Explanation: The online dictionary, Merriam-Webster has dubbed “feminism” its word of the year, meaning it is the most-searched word on Merriam-Webster’s website. Feminism can be defined as the theory of the political, economic, and social equality of the sexes; organized activity on behalf of women’s rights and interests.
3. In a first of its kind move, the technology giant Google has set up an Artificial Intelligence (AI) based research lab in which Asian country?
   A) China
   B) North Korea
   C) Japan
   D) Singapore
   
   View Answer

     Option A
   Explanation: In an apparent move to rebuild its presence in China, Google said it will open a research lab focused on Artificial Intelligence (AI) in Beijing — its first such centre in Asia. The “Google AI China Centre” will join the other AI research groups that the company has in other parts of the world, including in New York, Toronto, London and Zurich. 
4. Name the first ever batsman to create 3 double centuries record in the history of ODIs
   A) Virat Kohli
   B) Chris Gayle
   C) M Guptill
   D) Rohit Sharma
   
   View Answer

     Option D
   Explanation: Rohit Sharma became the first-ever player in ODI history to hit three double hundreds, slamming his third in the Mohali ODI against Sri Lanka.
5. In the upcoming Republic Day celebrations in 2018, Prime Minister Narendra Modi has invited the leaders of which inter-governmental organisation to be the chief guests?
   A) ASEAN
   B) SAARC
   C) BRICS
   D) United Nations
   
   View Answer

     Option A
   Explanation: At least 10 leaders of the Association of Southeast Asian Nations (ASEAN) will be taking part in the 2018 Republic Day celebrations as chief guests. Prime Minister Narendra Modi had invited the ASEAN leaders to be the chief guests earlier this year. 
6. Name the first Indian state to offer the facility of free e-mail address in Hindi to the residents of the state
   A) Uttar Pradesh
   B) Rajasthan
   C) Bihar
   D) Madhya Pradesh
   
   View Answer

     Option B
   Explanation: Rajasthan has become the first state in the country to offer free e-mail address in Hindi to its residents. The facility —name@rajasthan.bharat (in Devanagari script) — will lead to millions of new users who are not comfortable with English e-mail ids.
7. According to the latest estimates of the Asian Development Bank, the economies of developing countries of Asia are expected to grow at ___ percent in 2017.
   A) 6.3 Percent
   B) 5.9 Percent
   C) 6 Percent
   D) 6.2 Percent
   
   View Answer

     Option C
   Explanation: The Asian Development Bank said that the economies of developing countries of Asia are expected to record a 6% growth in 2017, a decimal higher than the September-forecast.  It kept the 2018 GDP growth forecast at 5.8 per cent.
8. Famous Bengali author Rabisankar Bal who passed away was also a renowned _______
   A) Teacher
   B) Accountant
   C) Physician
   D) Journalist
   
   View Answer

     Option D
   Explanation: Renowned journalist and Bengali author Rabisankar Bal has passed away following a brief illness.
9. Name the first country in the world to create the record of registering 300-plus totals 100 times in ODIs
   A) Australia
   B) India
   C) England
   D) Sri Lanka
   
   View Answer

     Option B
   Explanation:India has become the first-ever team to register 300+ totals 100 times in ODIs, after posting 392/4 against Sri Lanka in Mohali.
10. Identify the correct statement in the context of Allahabad Kumbh Mela 2019.
    (i) The tagline for Kumbh Mela 2019 is Chalo Kumbh Aya, Kumbh Chalo.
    (ii) The logo of the Mela comprises of temples, seers, a kalash & a Swastika
    (iii) The Kumbh fair takes place at the four sites namely Allahabad, Haridwar, Nashik and Ujjain.
    A) Only (ii)
    B) Only (iii)
    C) Both (ii) and (iii)
    D) All the Above
    
    View Answer

      Option C
    Explanation: The official Logo and tagline for Allahabad Kumbh Mela 2019 were released in Lucknow, Uttar Pradesh. The logo comprises of temples, seers, a kalash & a Swastika. The tagline for Kumbh Mela 2019 is Chalo Chalo Chalo, Kumbh Chalo.” It will be held in Allahabad.
11. Which country has gained the top position in the world hockey ranking released by the International Hockey Federation (FIH)?
    A) Australia
    B) Belgium
    C) Germany
    D) Argentina
    
    View Answer

      Option A
    Explanation: At the top of men’s hockey, Australia knocked out Argentina for the first time since the Rio 2016 Olympics. Belgium, Netherlands and Germany remain unchanged at third, fourth and fifth respectively.
12. Which of the following global companies has recently received the license for Prepaid Payment Instrument (PPI) from the Reserve Bank of India to operate a semi-closed loop wallet in the country?
    A) Paycloud
    B) Mastercard
    C) Obopay
    D) Mozido
    
    View Answer

      Option C
    Explanation: OBOPAY, the global mobile payment solutions company, recently announced that the company has secured alicense for Prepaid Payment Instrument (PPI) from the Reserve Bank of India to operate a semi-closed loop wallet in the country.
13. Which of the following statements is true regarding semi closed e-wallets?
    (i) semi-closed e-wallet allows user to redeem or withdraw cash as and when required.
    (ii) the customer does not earn any interest on the money kept in semi closed e-wallets.
    (iii) Such PPI’s do not have any limit of balance at any point of time.
    A) Only (i)
    B) Only (ii)
    C) Only (ii) & (iii)
    D) None of the Above
    
    View Answer

      Option B
    Explanation: The owner of the semi-closed e-wallet is not allowed to redeem or withdraw cash from the wallet and is required to use the credit to make online payments. Balance in such PPIs cannot exceed Rs 20,000 at any point of time. The merchants can transfer funds from such PPIs to their own linked bank accounts up to Rs 50,000 per month, without any limit per transaction
14. What is the rank of Indian Men’s Hockey Team in the latest world rankings released by the International Hockey Federation?
    A) 6th
    B) 9th
    C) 10th
    D) 12th
    
    View Answer

      Option A
    Explanation: India’s men and women’s hockey teams remained in the 6th and 10th positions respectively in the rankings revealed by the International Hockey Federation (FIH).
15. How much amount of loan agreement has been signed between India and the World Bank for India’s SANKALP project?
    A) USD 100 million
    B) USD 150 million
    C) USD 200 million
    D) USD 250 million
    
    View Answer

      Option D
    Explanation: India signed a Financing Agreement for IBRD loan of USD 250 million (equivalent) for the “Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Project” with the World Bank.
16. The Reserve Bank of India has raised the limit for investment by foreign portfolio investors (FPIs) in Central Government Securities (G-Secs) by Rs ____ crore and in State development loans (SDLs) by Rs ____ crore for the January-March 2018 quarter
    A) ₹ 6200 crore; ₹ 5800 crore
    B) ₹ 6400 crore; ₹ 5800 crore
    C) ₹ 6300 crore; ₹ 5200 crore
    D) ₹ 6000 crore; ₹ 5000 crore
    
    View Answer

      Option B
    Explanation: The Reserve Bank of India said the limits for investment by foreign portfolio investors (FPIs) for the January-March 2018 quarter has been increased by ₹6,400 crore in Central Government Securities (G-Secs) and ₹5,800 crore in State development loans (SDLs).
17. How much amount of penalty has been imposed by the Reserve Bank of India on IndusInd Bank for breaching rules on income classification norms?
    A) Rs. 30 million
    B) Rs. 35 million
    C) Rs. 20 million
    D) Rs. 25 million
    
    View Answer

      Option A
    Explanation: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 30 million on IndusInd Bank for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and contravention of regulatory restrictions pertaining to non-fund based (NFB) facilities.
18. Chaudhary Prem Singh who died on December 13, 2017 was a senior leader of which political party?
    A) Bahujan Samaj Party
    B) Aam Admi Party
    C) Bharatiya Janata Party
    D) Indian National Congress
    
    View Answer

      Option D
    Explanation: Senior Congress leader and former president of Delhi Pradesh Congress Committee (DPCC) Chaudhary Prem Singh has passed away.
19. Which of the following is not an example of Semi-Closed E-wallets?
    A) MobiKwik
    B) Freecharge Wallet
    C) Oxigen Wallet
    D) Rupay Card
    
    View Answer

      Option D
20. What is the tagline of the UP Tourism recently unveiled by the state government?
    A) Aao Chalo UP Dekhe
    B) Bharat Ki Shaan UP Hai Mahaan
    C) Agar UP Nahi Dekha Toh India Nahi Dekha
    D) UP Hai Atulya Bharat Ka Anokha Rajya
    
    View Answer

      Option C

Static GK Based on Current Affairs

21. The headquarter of the intergovernmental organisation Association of Southeast Asian Nations (ASEAN) is in_____
A) Manila, Philippines
B) Jakarta, Indonesia
C) Kuala Lumpur, Malaysia
D) Hanoi, Vietnam

22. The global mobile payment solutions company OBOPAY is located in which country?
A) California, United States
B) Beijing, China
C) Geneva, Switzerland
D) Dubai, United Arab Emirates

23. Merriam-Webster is an online dictionary publishing company based in ___________
A) France
B) United Kingdom
C) United States
D) Italy

24. The International Bank for Reconstruction and Development was founded in which year?
A) 1942
B) 1949
C) 1947
D) 1944

25. The International Hockey Federation (FIH) has its headquarter in ____
A) Lausanne, Switzerland
B) The Hague, Netherlands
C) Manila, Philippines
D) New York, United States

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