Current Affairs Quiz: February 28, 2020

1. The exercise IndraDhanush was recently held between India and which other country?
   A)USA
   B)Russia
   C)France
   D)UK
   
   
   

   
   Option D
   Explanation: The Indian Air Force (IAF) and Royal Air Force (RAF) of the UK jointly commenced the 5th edition of Exercise Indradhanush at Air Force Station Hindan, Uttar Pradesh. The focus of this edition of the exercise is ‘Base Defence and Force Protection’.

   
   
2. The Union Minister for Human Resource Development, Shri Ramesh Pokhriyal ‘Nishank’ launched‘ Higher Education Leadership Development Programme for Administrator’ in which city?
   A)Lucknow
   B)Mumbai
   C)Chennai
   D)NewDelhi
   
   
   

   
   Option D
   Explanation: The Union Minister for Human Resource Development, Shri Ramesh Pokhriyal ‘Nishank’ launched‘ Higher Education Leadership Development Programme for Administrator’– a joint initiative of UGC and British Council under the auspices of UK India Education and Research Initiative (UKIERI).

   
   
3. Recently Labour Ministry launched which application for ESI beneficiaries?
   A)Suraksha
   B)Suman
   C)Sankalp
   D)Santusht
   
   
   

   
   Option D
   Explanation: Labour Minister Santosh Gangwar informed that the ministry will soon launch a mobile app ‘Santusht’ with an aim to address issues of beneficiaries of Employees State Insurance (ESI) scheme.

   
   
4. Recently CBSE launched which exam locator application?
   A)CBSE ECL
   B)CBSE MCL
   C)CBSE TCK
   D)CBSE MAN
   
   
   

   
   Option A
   Explanation: The Central Board of Secondary Education has released an app-CBSE ECL which can be used by students to locate their examination center and see the distance between current location and examination center. The app is available on play store.

   
   
5. According to the ninth annual Hurun Global Rich List 2020,who topped the list in richest person in world?
   A)Indra Nooyi
   B)Satya Nadella
   C)Mukesh Ambani
   D)Jeff Bezos
   
   
   

   
   Option D
   Explanation: Amazon founder and CEO Jeff Bezos is still the richest person in the world, even after losing $7 billion in one year, according to the ninth annual Hurun Global Rich List 2020.

   
   
6. recently RBI allowed which bank to open branches without its prior approval, lifting a ban imposed on the lender for failing to reduce promoter ownership below the mandated 40%?
   A)Bandhan Bank
   B)federal Bank
   C)Kotak Mahindra Bank
   D)IDBI Bank
   
   
   

   
   Option A
   Explanation: The Reserve Bank of India allowed Bandhan Bank to open branches without its prior approval, lifting a ban imposed on the lender for failing to reduce promoter ownership below the mandated 40%. Bandhan Financial Holdings Ltd is the holding company and promoter of the Bandhan Bank

   
   
7. Who will head the 9 member panel to examine the possibility of allowing life insurers offer indemnity based health policies?
   A)Rahul Chaturvedi
   B)NK Singh
   C)DK Pauchari
   D)G Srinivasan
   
   
   

   
   Option D
   Explanation: A committee has been set up by the Insurance Regulatory and Development Authority of India (IRDAI) to study the feasibility of allowing life insurers to offer indemnity-based health insurance policies. Currently, IRDAI (Health Insurance) Regulations 2016 allow life insurers to offer defined benefit-based health insurance products only.

   
   
8. Fromwhich date, Food Safety and Standards Authority of India (FSSAI) has ordered sweet shops to display date of manufacturing and ‘best before’ date for non-packaged/loose sweets?
   A)July 1
   B)June 10
   C)June 5
   D)June 1
   
   
   

   
   Option D
   Explanation: Food Safety and Standards Authority of India (FSSAI) has ordered sweet shops to display date of manufacturing and ‘best before’ date for non-packaged/loose sweets from June1.

   
   
9. The Asian Development Bank raised how much amount through offshore India rupee linked 10-year bonds?
   A)USD 118 million
   B)USD 115 million
   C)USD240 million
   D)USD 567 million
   
   
   

   
   Option A
   Explanation: The Asian Development Bank (ADB) on Wednesday said it has raised Rs 850 crore (USD 118 million) from a new issue of offshore Indian rupee-linked 10-year bonds.

   
   
10. Recently Maria Sharapova announced his retirement from which sports?
    A)Football
    B)Cricket
    C)Tennis
    D)baseball
    
    
    

    
    Option C
    Explanation: Five-time Grand Slam winner Maria Sharapova, one of the world’s most recognisable sportswomen, announced her retirement after an illustrious career.

    
    
11. The Union Ministry of Youth Affairs and Sports has suspended which body over violation of provisions of National Sports Development Code of India (NSDCI), 2011?
    A)Olympic Association of India
    B)Athletics Federation of India
    C)Swimming Federation of India
    D)school Games Federation Of India
    
    
    

    
    Option D
    Explanation: The Union Ministry of Youth Affairs and Sports has suspended the recognition of School Games Federation of India (SGFI) over violation of provisions of National Sports Development Code of India (NSDCI), 2011.

    
    
12. Who was named as Mastercard’s new President & CEO?
    A)Rahul Bajaj
    B)Ajay Banga
    C)Thomas Johnson
    D)Michael Miebach
    
    
    

    
    Option D
    Explanation: Credit card and electronic payments giant Mastercard (MA) named current Chief Product Officer Michael Miebach as its next CEO.

    
    
13. Who becomes new MD & CEO of CIBIL?
    A)Lokesh Mangal
    B)TN Srinivasan
    C)Samuel Joseph
    D)Rajesh Kumar
    
    
    

    
    Option D
    Explanation: TransUnion Cibil, the largest credit information bureau, on Tuesday appointed Rajesh Kumar of HDFC Bank as its new managing director and chief executive.

    
    
14. Who was appointed as new CFO of Axis Bank?
    A)Amitabh Chaudhary
    B)Rakesh Asthana
    C)Jairam Sridharan
    D)Puneet Sharma
    
    
    

    
    Option D
    Explanation: Private sector lender Axis Bank said its board of directors has approved the appointment of Puneet Sharma as the new Chief Financial Officer and key managerial personnel.

    
    
15. Which Company has acquired Sanzaru Games?
    A)Netflix
    B)Microsoft
    C)Facebook
    D)Google
    
    
    

    
    Option C
    Explanation: Facebook has acquired Sanzaru Games, the developer behind the best virtual reality (VR) game of 2019 titled “Asgard’s Wrath” for an undisclosed sum.

    
    
STATIC GK BASED ON CURRENT AFFAIRS
16. Where is the HQ of Bandhan Bank?
    A)Lucknow
    B)Chennai
    C)Kolkata
    D)Mumbai
    
    
    

    
    Option C
    

    
    
17. Where is the HQ of IRDAI?
    A)Lucknow
    B)Hyderabad
    C)Chennai
    D)Mumbai
    
    
    

    
    Option B