Current Affairs Quiz: February 6, 2019

Current Affairs 6 February 2019 Quiz

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Quiz from Current Affairs 5 February 2019 of A2Z – Click Here to Read Current Affairs of February 5, 2019

1. Which state government has set up a price monitoring and research unit(PMRU) ?
   A)Maharashtra
   B)Kerala
   C)Karnataka
   D)Madhya Pradesh
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option B
   Explanation: In a first ,the kerala government has set up a price monitoring and research unit(PMRU) to track violation of prices of essential drugs and medical devices under Drugs Price and Control order,
   
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2. In which city, Words Count Festival was inaugurated?
   A)Mumbai
   B)Chennai
   C)Pune
   D)Delhi
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option C
   Explanation: The second eidtion of the festival of words,Words Count, curated by the award-winning screenwriter, author and columnist Advaita Kala, was held on February 3 in Pune,Maharashtra.
   
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3. Which state occupied the top slot in the ranking of best practices followed by states in the Budget formulation as per a survey by Transparency International?
   A)Odisha
   B)Andhra Pradesh
   C)Maharashtra
   D)Assam
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option D
   Explanation: Assam occupied the top slot in the ranking of best practices followed by states in the Budget formulation, followed by Andhra Pradesh and Odisha,as per a survey by Transparency International.
   
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4. Which payments bank has partnered with Suryoday Small Finance Bank to offer sweep account facility?
   A)Airtel Payments Bank
   B)Fino Payments Bank
   C)Paytm Payments Bank
   D)India Post Payment Bank
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option B
   Explanation: Fino Payments Bank has announced the launch of a sweep account facility in association with Suryoday Small Finance Bank (SSFB). This partnership will help FPB address the issue of deposit limits that all the payment banks face at the moment.
   
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5. Recently,ADB has bought a 14% stake in which micro finance company of India?
   A)Sonata Microfinance Pvt Ltd
   B)Shikhar Microfinance Pvt Ltd
   C)Fusion Microfinanace
   D) Annapurna Finance
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option D
   Explanation: The Asian Development Bank has bought a 14% stake in micro financier Annapurna Finance for Rs 137 crore, reinforcing the belief that India’s microfinance sector is on course to attracting long-term funds from global lenders and investors.
   
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6. Which company has acquired AI start-up Kint.io for an undisclosed amount?
   A)Paytm
   B)Swiggy
   C)Zomato
   D)Uber
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option B
   Explanation: Online food delivery start-up Swiggy has made its first acqui-hire in the deep technology space through an AI start-up Kint.io for an undisclosed amount. As part of this, the founding team of Kint.io will join Swiggy.
   
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7. Which finance company , has signed a binding agreement to acquire the CV finance business of India Infoline Finance Ltd (IIFL Finance), a subsidiary of IIFL Holdings Ltd?
   A)Bajaj Finance Limited
   B)Power Finance Corporation Limited
   C)Mahindra and Mahindra Finance Limited
   D) IndoStar Capital Finance Ltd
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option D
   Explanation: IndoStar Capital Finance Ltd (IndoStar) , a non-banking finance company, has signed a binding agreement to acquire the CV finance business of India Infoline Finance Ltd (IIFL Finance), a subsidiary of IIFL Holdings Ltd.
   
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8. Accrording to the data furnished by the Controller General of accounts(CGA), India’s budgetary fiscal deficit for the April-December period stood at how much percent of target?
   A)110.1%
   B)115.2%
   C)112.4%
   D)113.5%
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option C
   Explanation: Accrording to the data furnished by the Controller General of accounts(CGA), India’s budgetary fiscal deficit for the April-December period stood at Rs 7.01 lakh crore or 112.4 per cent of the budgeted target of Rs 6.24 lakh crore.
   
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9. Who was appointed as MD and CEO of Corporation Bank?
   A)Ananth Narayan
   B)PS Jayakumar
   C)Kartik Singh
   D)PV Bharathi
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option D
   Explanation: PV Bhararthi executive director of Canara Bank, has assumed charge as MD and CEO of the Corporation Bank.
   
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10. Who was declared the winner in El Salvador’ s Presidential Election?
    A)Joseph Kobzon
    B)Yulia Tymoshe
    C)Nayib Bukele
    D)Petro Porshenke
    [su_spoiler title=" View Answer " icon="chevron-circle"] Option C
    Explanation: Nayib Bukele, a former mayor of San Salvador was declared the winner in EL Salvador’s presidential race, saying the country had left behind the postwar period by electing a young alternative to the two-party system.
    
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STATIC GK BASED ON CURRENT AFFAIRS

1. What is the currency of El Salvador?
   A)Dollar
   B)Peso
   C)Euro
   D)Riel
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option A
   
   
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2. Where is the HQ of Corporation bank?
   A)Mumbai
   B)Chennai
   C)Mangalore
   D)Bangalore
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option C
   
   
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3. Where is the HQ of Asian Development Bank?
   A)Russia
   B)UK
   C)USA
   D)Phillippness
   [su_spoiler title=" View Answer " icon="chevron-circle"] Option D
   
   
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