Current Affairs Quiz: March 2, 2020

1. Recently Indian Railways has launched its first ‘Restaurant on Wheels’ in which state railway station?
   A)WestBengal
   B)Assam
   C)Delhi
   D)Gujarat
   
   
   

   
   Option A
   Explanation: Indian Railways has launched its first ‘Restaurant on Wheels’ at the circulating area of Asansol railway station in West Bengal for the use of passengers as well as the general public.

   
   
2. RBI mandated banks to link all new floating rate loans to medium enterprises with external benchmark from which date?
   A)August 1
   B)April 2
   C)March 31
   D)April 1
   
   
   

   
   Option D
   Explanation: All new floating rate loans given to medium enterprises will be linked with external benchmarks from April 1, according to the Reserve Bank of India.

   
   
3. which organisation has came up with a new method of calculating India’s growth through a Working Paper titled “Nowcasting Indian GDP growth using a Dynamic Factor Model”?
   A)SIDBI
   B)Niti Aayog
   C)RBI
   D)Ministry of Finance
   
   
   

   
   Option C
   Explanation: Reserve Bank of India (RBI) has came up with a new method of calculating India’s growth through a Working Paper titled “Nowcasting Indian GDP growth using a Dynamic Factor Model” under the RBI Working Paper Series, introduced in March 2011.

   
   
4. The Centre has decided to include non-scheduled urban and district central cooperative banks in how many schemes of MSME?
   A)3
   B)2
   C)4
   D)5
   
   
   

   
   Option A
   Explanation: The Centre has decided to include non-scheduled urban and district central cooperative banks in three big ticket schemes to facilitate access to finance for the MSME sector.

   
   
5. According to the the Controller General of Accounts (CGA) India’s fiscal deficit touched how much percent of the whole year budget target at January-end?
   A)129.5%
   B)128.5%
   C)123.5%
   D)121.5%
   
   
   

   
   Option B
   Explanation: According to the the Controller General of Accounts (CGA) India’s fiscal deficit touched 128.5 per cent of the whole year budget target at January-end.

   
   
6. As per a new report by online payment processor Worldline India,which city accounted for the highest number of digital transactions in Indian 2019?
   A)NewDelhi
   B)Mumbai
   C)Chennai
   D)Bengaluru
   
   
   

   
   Option D
   Explanation: Bengaluru accounted for the highest number of digital transactions in India in 2019, followed by Chennai, Mumbai and Pune, while United Payments Interface (UPI) was the most preferred mode of payment, said a new report by online payment processor Worldline India

   
   
7. India recently withdrawed the nomination from upcoming ISSF World Cup Shotgun to be held in which country?
   A)Netherlands
   B)Singapore
   C)Thailand
   D)Cyprus
   
   
   

   
   Option D
   Explanation: The National Rifle Association of India (NRAI) announced that the Indian team will not take part in the upcoming ISSF World Cup Shotgun in Cyprus due to coronavirus spreading in some countries other than China.

   
   
8. Who got 6 month extension as chairman of SEBI?
   A)RK Singh
   B)Girish Radhakrishnan
   C)Ajay Tyagi
   D)Rajesh Kumar Srinivasan
   
   
   

   
   Option C
   Explanation: The government has given a six-month extension to Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi whose term at the helm was ending on February 29.

   
   
9. Who was appointed as MD &CEO of IndusInd Bank?
   A)Sumant Kathpalia
   B)Romesh Sobti
   C)KK Srinivasan
   D)Ajay Sharma
   
   
   

   
   Option A
   Explanation: The Reserve Bank of India has approved the appointment of Sumant Kathpalia as the Managing Director and Chief Executive Officer of IndusInd Bank.

   
   
10. Who has entered the Limca Book of Records for ‘films edited in most number of languages’.?
    A)Mohit Chaudhary
    B)Vikas Srinivasan
    C)Romesh Singh
    D)Sreekar Prasad
    
    
    

    
    Option D
    Explanation: Veteran editor Sreekar Prasad has entered the Limca Book of Records for ‘films edited in most number of languages’. He has edited films in 17 languages, namely Tamil, English, Hindi, Telugu, Malayalam, Kannada, Odia, Bengali, Assamese, Punjabi, Nepali, Marathi, Sinhalese, Karbi, Mishing, Bodo, and Pangchenpa

    
    
STATIC GK BASED ON CURRENT AFFAIRS
11. Where is the HQ of SEBI?
    A)Lucknow
    B)NewDelhi
    C)Mumbai
    D)Chennai
    
    
    

    
    Option C
    

    
    
12. What is the currency of Cyprus?
    A)Rupee
    B)Krone
    C)Euro
    D)dollar
    
    
    

    
    Option C