QUIZ OF DAY-05/07/2017 GK & CURRENT AFFAIRS

QUIZ OF DAY-05

Ques. :1 Entire area of which of the following states was recently declared as “disturbed area” for six more months under the Armed Forces Special Powers Act (AFSPA)?

1) Nagaland
2) Manipur
3) Assam
4) Tripura
5) Sikkim

Ans. 1) Nagaland

Ques. :2 The RBI has increased the limit for foreign portfolio investors (FPI) in govt bonds and now foreign investors can invest ________ in case of state development loans.

1) Rs 271 cr
2) Rs 251 cr
3) Rs 331 cr
4) Rs 311 cr
5) Rs 421 cr

Ans. 3) Rs 331 cr

QUIZ OF DAY-05

Ques. :3 Prime Minister Narendra Modi visited which of the following countries recently becoming the first Indian PM to visit the country in 70 years?

1) Netherlands
2) Colombia
3) Chile
4) Mexico
5) Israel

Ans. 5) Israel

Ques. :4 The host of the 2017 Women’s Cricket World Cup is

1) New Zealand
2) England
3) Australia
4) South Africa
5) Bangladesh

Ans. 2) England

Ques. :5 The Finance Act 2017 banned cash transaction of Rs 2 lakh or above with effect 1 Apr 2017. Which of the following are exempt from this limit?

1) Issuers of prepaid instruments
2) Business correspondents appointed by banks
3) Credit card bill payments
4) All the above
5) Only 1) and 3)

Ans. 4) All the above

QUIZ OF DAY-05

Ques. :6 Under the GST regime, what per cent tax is being levied on watches?

1) 05 per cent
2) 12 per cent
3) 15 per cent
4) 18 per cent
5) 28 per cent

Ans. 5) 28 per cent

Ques. :7 The RBI announced OMO for sale of govt bonds up to Rs 10,000 cr recently. Here, the term OMO stands for

1) Overseas Market Operation
2) Optional Market Operation
3) Open Market Operation
4) Open Market Organisation
5) None of these

Ans. 3) Open Market Operation

Ques. :8 The Financial Stability Board (FSB) has found India ‘compliant or largely compliant’ with regard to Basel III reforms. Which of the following countries has/have been found to be ‘materially non-compliant’ on at least one parameter?

1) France
2) Spain
3) Netherlands
4) Italy
5) All the above

Ans. 5) All the above

QUIZ OF DAY-05

Ques. :9 The President Pranab Mukherjee recently gave his assent to the bill passed by the Assembly of which state to legalise traditional buffalo race ‘Kambala’?

1) Tamil Nadu
2) Kerala
3) Maharashtra
4) Karnataka
5) Odisha

Ans. 4) Karnataka

Ques. :10 Who among the following has been appointed as the next chief election commissioner (CEC)?

1) Om Prakash Rawat
2) Achal Kumar Joti
3) Vinod Rai
4) David R Syiemlieh
5) KV Chowdary

Ans. 2) Achal Kumar Joti