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19 January 2016 Curreny GK Quiz


1.KaushikBasu, Senior Vice President and Chief Economist of World Bank appreciated theAadhaarscheme saved how much amount by bringing down corruption?
1.$5 billion
2.$1 billion
3.$3 billion
4.$2 billion
5. None of these
 
Ans. $1 billion
The World Bank on 14 January 2016 released a report titled World Development Report 2016: Digital Dividends in Washington DC, the USA.The report explored the impact of the internet, mobile phones, and related technologies on economic development across the world including India.In relation to India, the authors of the report that included KaushikBasu, Senior Vice President and Chief Economist of World Bank appreciated the Aadhaar scheme as it saved 1 billion US dollars by bringing down corruption.
 
2.Online marketplace Flipkart has tied up with which auto major to exclusively launch the latter's newest SUV- KUV100? Consumers can book the SUV on Flipkart from January 18th, 2016.
1.Mahindra & Mahindra Ltd
2.Bajaj Auto Limited 
3.Hero Motocorp Ltd
4.Yamaha Motor Company Limited
5.None of these
 
Ans. Mahindra & Mahindra Ltd
Online marketplace Flipkart has tied up with auto major Mahindra & Mahindra Ltd to exclusively launch the latter's newest SUV- KUV100. Consumers can book the SUV on Flipkart from January 18th, 2016. Anil Goteti, Vice President - Business, Flipkart said, "Online today is a must have strategy for all players to respond to the growing demand of their customers who are spread across different cities and towns in the country. First time in the automobile category, this exclusive tie-up will allow Mahindra access Flipkart’s extensive reach and network to connect with their customers and provide them the ease to book Mahindra KUV100 online.”
 
3.Annual Indian Science Congress (ISC) recently held at which place?
1. Hyderabad
2. Raipur
3. Agra
4. Mysore
5. None of these
 
Ans. Mysore
Prime Minister NarendraModi will inaugurate the annual Indian Science Congress (ISC) at University of Mysore campus in Karnataka on Sunday. After inaugural of the Congress by Modi, eminent scientist CNR Rao will deliver the Bharat Ratna M Visvesvaraya Lecture on 'Doing Science in India' on the opening day on January 3.
 
4.China-backed Asian Infrastructure Investment Bank (AIIB), in which India and 56 countries have joined as founding members, was formally opened recently by Chinese President Xi Jinping. The headquarters of the AIIB is located in which place in China?
1. Shanghai
2. Guangzhou
3. Beijing
4. Tianjin
5. None of these
 
Ans. Beijing
China-backed Asian Infrastructure Investment Bank (AIIB), in which India and 56 countries have joined as founding members, was formally opened here today by Chinese President Xi Jinping.The bank was formally established in Beijing on December 25, 2015.
 
5.Who was elected as the first Chairman of the AIIB council?
1.Lou Jiwei
2. Ram Prasad
3. Rajeev Lal
4. Jin Liqun
5. None of these
 
Ans. Lou Jiwei
The Asian Infrastructure Investment Bank (AIIB) is an international financial institution that aims to support the building of infrastructure in the Asia-Pacific region.The bank was formally established in Beijing on December 25, 2015. Chinese Finance Minister, Lou Jiwei, was elected as the first Chairman of the AIIB council. 
 
6.Which of the following is the first president of the AIIB?
1. KV Kamath
2. Jin Liqun
3. Ravi Shankar Prasad
4. ArunJaitley
5. None of these
 
Ans. Jin Liqun
China-backed Asian Infrastructure Investment Bank (AIIB), in which India and 56 countries have joined as founding members, was formally opened here today by Chinese President Xi Jinping.“This is a historical moment,” Xi said addressing the ceremony of the bank, which along with the BRICS New Development Bank (NDB) is expected to expand infrastructure financing, rivalling the World Bank and Asian Development Bank.China’s former Finance Minister, Jin Liqun, was elected the first AIIB president.
 
7.Authorised capital of Beijing-based AIIB is _________?
1.$80 billion
2.$100 billion
3.$120 billion
4.$200 billion
5.None of these
 
Ans. $100 billion
The Asian Infrastructure Investment Bank (AIIB) is an international financial institution that aims to support the building of infrastructure in the Asia-Pacific region. With authorised capital of $100 billion and subscribed capital of $50 billion, Beijing-based AIIB will invest in sectors including energy, transportation, urban construction, and logistics as well as education and healthcare.The AIIB will work together with multilateral development banks, including the World Bank and the Asian Development Bank, to facilitate Asian infrastructure construction and sustainable development, Lou said.
 
8.Which States election commission recently announced that toilets will be mandatory requirement for eligibility to contest panchayat elections?
1. Uttar Pradesh
2. Kerala
3. Bihar
4. Haryana
5. None of these
 
Ans. Bihar
State election commissioner (SEC) Ashok Kumar Chauhan on 4 January 2016 announced that toilets will be mandatory requirement for eligibility to contest panchayat elections. This declaration means that no one can contest the Bihar panchayat elections scheduled in 2016 without having a toilet at their home. SEC said that candidates have to give an undertaking regarding status of toilet by 1 January 2016 in their home.
 
9.Finance Minister ArunJaitley on Saturday kick-started Prime Minister NarendraModi's ambitious Start-Up India mission at VigyanBhavan in New Delhi. The Start Up India mission is boost_______?
1. Primary education
2. Higher Education
3. Entrepreneurship
4. Professional education
5. None of these
 
Ans. Entrepreneurship
Finance Minister ArunJaitley on Saturday kick-started Prime Minister NarendraModi's ambitious Start-Up India mission at VigyanBhavan in New Delhi. The Start Up India mission to be unveiled on Saturday envisages to boost entrepreneurship India. Organised by Department of Industrial Policy and Promotion (DIPP), along with other key Indian startup ecosystem players, the Startup India, Standup India initiative aims to celebrate the country's entrepreneurial spirit, and create a strong ecosystem for fostering innovation and startups in India.
 
10.India recently resumed Bus Service on 4 January 2016 with which country after a gap of 27 years?
1. Nepal
2. Bhutan
3. Pakistan
4. Bangladesh
5. None of these
 
Ans. Nepal
India-Nepal Bus Service on 4 January 2016 resumed after a gap of 27 years. The service was suspended 27 years ago in the wake of the Indo-Nepal Trade and Transit Treaty. The service runs between Kanchanpur in Nepal, which is close to Banbasa border in Champavat district of Uttarakhand, and AnandVihar ISBT in Delhi. To travel in these buses, no special documents are required as both the countries share open border.
 
11.Which of the following bank has recently launched India’s first start-up exclusively bank branch?
1. Punjab National Bank (PNB)
2. Punjab and Sindh Bank (P & Sindh B)
3. State Bank of India (SBI)
4. Indian Overseas Bank (IOB)
5. None of these
 
Ans. State Bank of India (SBI)
India’s largest public sector lender the State Bank of India (SBI),opened an exclusive branch to serve start-up companies in Bengaluru. This is the first of its kind branch opened by any bank in the country, chairmanArundhati Bhattacharya said. SBI also forayed into wealth management services for the first time by opening a dedicated branch for high networth individuals (HNI) in Bengaluru.
 
12.India’s Anuradha Roy has won the DSC Prize for South Asian Literature 2016 for her which novel thatdeals with the subject of violence against women?
1. Free press summer Fiction
2. Sleeping on Jupiter
3. An Atlas of impossible longing
4. The folded earth 
5. None of these
 
Ans. Sleeping on Jupiter
India’s Anuradha Roy has won the DSC Prize for South Asian Literature 2016 for her novel, sleeping on Jupiter, which deals with the subject of violence against women.At the Fairway Galle Literary Festival in Galle, about 130 km south of Colombo, Sri Lanka Prime Minister RanilWickremesinghe on Saturday presented her the prize, which carried a cash award of $50,000 and a trophy, according to a release.
 
13.Which of the following stock exchange will get its own postage stamp?
1. MCX stock exchange
2. Bangalore stock exchange
3. Bombay Stock exchange(BSE)
4. Derivatives stock exchange
5. None of these.
 
Ans. Bombay Stock exchange (BSE)
Asia’s oldest stock exchange BSE will get its own postage stamp. In acceding to your request to have postal stamp, I am feeling happy, as it is the official recognition of the work you are doing,” Prasad said at an event to launch BSE’s free wi-fi services to public in Mumbai.







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