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Current Affairs Quiz 15th December 2017

image 2017-12-16 17:21:15
Current Affairs Quiz 15th December 2017

Q1. A five-judge Constitution Bench of the Supreme Court led by Chief Justice ______ extended the deadline for Aadhaar linkage to bank accounts to March 31, 2018.
1. J.S. Khehar
2. Rohinton Fali Nariman
3. Dhananjaya Y. Chandrachud
4. Dipak Misra
5. Jasti Chelameswar

Answer: 4. Dipak Misra
An Aadhaar holder opening a new bank account will have to furnish his Aadhaar card to the bank, a five-judge Constitution Bench of the Supreme Court, led by Chief Justice Dipak Misra. The Bench extended the deadline for Aadhaar linkage to March 31, 2018 only for non-Aadhaar holders opening new bank accounts. They have time till March 31 to enroll for Aadhaar and produce it before the bank authorities. During the interim, they can furnish their Aadhaar enrollment application to the bank.

Q2. Corporation Bank has cut its marginal cost of funds based lending rate to _____%.
1. 7.8
2. 7.9
3. 7.7
4. 7.6
5. 7.5

Answer: 1. 7.8
Corporation Bank has reduced its marginal cost of funds based lending rate (MCLR) by 0.1 percentage point for overnight loan maturities. The bank has cut the overnight MCLR by 0.1 per cent to 7.80 per cent. The tenor-based MCLR, for all new rupee loans and advances including renewals, is to come into effect from December 15. At present, Corporation Bank's MCLR for one-month and three-month loan maturities stands at 7.90 per cent and 8.20 per cent, respectively.

Q3. Asian Infrastructure Investment Bank has approved a $335 million loan for an electric metro project in _______.
1. Chennai
2. Mumbai
3. Pune
4. Bengaluru
5. Jaipur

Answer: 4. Bengaluru
Asian Infrastructure Investment Bank has approved a USD 335 million loan for an electric metro project in Bangalore. The investment in the Bangalore Metro Rail Project-Reach 6 (R6) is AIIB's first metro project and its first joint financing partnership with the European Investment Bank, which is the project's lead financier with 500 million euros in funding. The metro project is 100 percent electric.

Q4. Which country has become the first one in the world to end national radio broadcasts on FM?
1. Norway
2. Finland
3. Sweden
4. Denmark
5. Iceland

Answer: 1. Norway
Norway has completed its transition to digital radio, becoming the first country in the world to shut down national broadcasts of its FM network. The country’s most northern regions and the Svalbard archipelago in the Arctic switched to digital audio broadcasting (DAB). The transition, which began on 11 January, allows for better sound quality and more channels and functions at an eighth of the cost of FM radio, according to authorities.

Q5. World Telugu Conference 2017 will be held in ______.
1. Warangal
2. Vishakhapatnam
3. Hyderabad
4. Amravati
5. Vijayawada

Answer: 3. Hyderabad
World Telugu Conference 2017 will be held in Hyderabad from December 15-19. ?President Ram Nath Kovind would be the chief guest at the valedictory function of the WTC on December 19 at L B Stadium.

Q6. Nokia has signed an agreement with IIT-_____ for collaboration on analytics and Artifical Intelligence.
1. Bombay
2. Hyderabad
3. Indore
4. Varanasi
5. Delhi

Answer:  5. Delhi
Nokia has joined hands with the Indian Institute of Technology-Delhi (IIT-Delhi) to work together in areas of data science, analytics and Artificial Intelligence (AI). The collaboration will allow IIT-Delhi to leverage Nokia’s technological leadership and expertise in communications networking to conduct research in these areas. The talented students and faculty of India’s premier institute will work in projects with Nokia’s top technical minds to explore ways to make networks more efficient and reliable.

Q7. The International Cricket Council (ICC) has announced a new format of Test Match, where only 98 overs will be played. The inaugural match of this format will be played between ______ and _______.
1. India and England
2. Australia and New Zealand
3. South Africa and Zimbabwe
4. Sri Lanka and West Indies
5. Pakistan and Ireland

Answer: 3. South Africa and Zimbabwe
A minimum of 98 overs will be played on each day of the inaugural four-day Test between South Africa and Zimbabwe starting later this month in Port Elizabeth. The African neighbours will play the first Test match shortened by one day from December 26, with the International Cricket Council (ICC) granting it official status and welcoming countries to experiment with the format.

Q8. With which Bank has 'FundsIndia' partnered with to launch UPI on their Android app for Mutual Fund payments?
1. ICICI Bank
2. Axis Bank
3. Kotak Mahindra bank
4. Yes Bank
5. Indusind Bank

Answer: 4. Yes Bank
FundsIndia.com, a leading investment platform for mutual funds & equities, has partnered with Yes Bank to launch UPI on their Android app for MF payments. Powered by YES BANK, FundsIndia becomes the first online mutual fund distributor to support UPI for client payments. UPI offers the benefit of instant processing of payments & is currently the fastest way to complete mutual fund transactions.

Q9. Name the bank that has partnered with Pantomath Advisory to develop a MSME ecosystem focused for Maharashtra and Gujarat.
1. State Bank of India
2. Axis Bank
3. UCO Bank
4. ICICI Bank
5. Yes Bank

Answer: 5. Yes Bank
Yes Bank has partnered advisory services firm Pantomath Advisory to develop a MSME ecosystem focused for Maharashtra and Gujarat. The partnership is a part of Yes Banks Alliance, Relationships & Technology that aims to help MSME sector with support at various stages including access to capital, knowledge & skills. It aims to help MSMEs to scale for a multiplier effect for the overall economy

Q10. Who among the following on December 14th, 2017 was elected as the next president of Indian Olympic Association?
1. Praful Patel
2. Sharad Pawar
3. Anurag Thakur
4. Narinder Batra
5. Anil Khanna

Answer: 4. Narinder Batra
International Hockey Federation chief Narinder Batra was elected unopposed as the president of Indian Olympic Association Batra thus has become one of the few sports administrators who heads an important international federation as well as a National Olympic Committee Batra's election to the post was a mere formality after Asian Tennis Federation President Anil Khanna withdrew from the race.