Banking & Current Affairs Quiz - May, 2017 - Set 1 - For SBI PO Mains, NIACL Assistant Mains


Hello and welcome to exampundit. Here is the first set of Current Affairs quiz based on the current affairs from May, 2017.

1. What is the project outlay of SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters)?
1) Rs. 6,000-cr
2) Rs. 7,000-cr
3) Rs. 8,000-cr
4) Rs. 5,000-cr
5) Rs. 9,000-cr


2. Which of the following Indian companies recently opened its first Drones Research Lab in the US?
1) Wipro
2) Infosys
3) TechMahindra
4) Tata Motors
5) None of these


3. How much amount of loan did Asian Infrastructure Investment Bank recently approve for '24x7 Power for All' project in Andhra Pradesh?
1) $175 mn
2) $160 mn
3) $180 mn
4) $165 mn
5) $170 mn


4. Name the first state in the country to formally switch to a January-December financial year format.
1) Maharashtra
2) Bihar
3) Madhya Pradesh
4) Gujarat
5) Assam


5. In May, 2017, State Bank of India announced to cut its term deposit rates by up to 50 basis points for deposit below __________.
1) 25 Lakhs
2) 50 Lakhs
3) 75 Lakhs
4) 2 Crore
5) 1 Crore


6. The Department of Telecom in May, 2017 launched Tarang Sanchar web portal for which of the following purpose?
1) Information on Internet Broadcasting
2) Information on 4G Networks
3) Information on Cyber Security
4) Information on Mobile Tower Radiation
5) None of the above


7. Railways Ministry on 3 may 2017 announced to build the world's highest railway bridge over the Chenab river in Jammu and Kashmir in around two years from now. What will be the height of the bridge?
1) 330 m
2) 360 m
3) 380 m
4) 350 m
5) None of the above


8. Prime Minister Narendra Modi on 3 May 2017 inaugurated Patanjali Research Institute in which of the following state?
1) Uttar Pradesh
2) Uttarakhand
3) Haryana
4) Bihar
5) Madhya Pradesh


9. Indian Space Research organisation (ISRO) on 5 May 2017 successfully launched the South Asia Satellite. Including India, how many countries participated in this project?
1) 7
2) 6
3) 5
4) 8
5) 4


10. The Insolvency and Bankruptcy Board of India (IBBI) on 4 May 2017 constituted a Technical Committee to lay down technical standards for performance of core services. Who will be heading this committee?
1) Amitabh Kant
2) RB Barman
3) BP Kanungo
4) Viral Acharya
5) Arvind Panagariya


11. National Payments Corporation of India recently launched the acceptance of JCB cards at NPCI Networks in India. JCB cards is originated in which of the following nation?
1) South Korea
2) Australia
3) United States of America
4) Japan
5) Russia


12. With which of the following nation did India recently sign an agreement on Work Plan under programme of Cooperation in the field of Agriculture for 2017- 18?
1) Georgia
2) Armenia
3) Cyprus
4) Serbia
5) Portugal


13. Ganga Swachhta Sankalp Divas was observed across the ganga basin states on ________.
1) 1 May
2) 4 May
3) 3 May
4) 2 May
5) 5 May


14. Name the first city in the world to get its own Microsoft Font.
1) Dubai
2) Abu Dhabi
3) Cairo
4) Doha
5) Riyadh


15. Which of the following city was ranked 1 in Swachh Survekshan 2017?
1) Kochi
2) Indore
3) Varanasi
4) Ahmedabad
5) Chennai


16. The world level weapon production unit “Punj Lyod Defence System” was inaugurated in _________.
1) Uttar Pradesh
2) Gujarat
3) Andhra Pradesh
4) Bihar
5) Madhya Pradesh


17. World Asthma Day is observed on ___________.
1) 3 May
2) 2 May
3) 4 May
4) 7 May
5) None of these



18. World Press Freedom Day was observed worldwide on 3 May 2017 with the theme ____________.
1) "Safe to Speak: Securing Freedom of Expression in All Media".
2) "Access to Information and Fundamental Freedoms".
3) "Critical Minds for Critical Times: Media’s role in advancing peaceful, just and inclusive societies".
4) "Let Journalism Thrive! Towards Better Reporting, Gender Equality, & Media Safety in the Digital Age".
5) "New Voices: Media Freedom Helping to Transform Societies"




19. Who among the following won the I-League 2016-17?
1) Bengaluru FC
2) Shillong Lajong FC
3) East Bengal FC
4) Aizwal FC
5) Mohun Bagan AC




20. Which of the following company recently launched Express WiFi in India?
1) Facebook
2) Google
3) Intel
4) Microsoft
5) Apple


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Answers:

1. 1) The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, on 3 May 2017 approval the re-structuring the schemes of Union Ministry of Food Processing Industries (MoFPI) under Central Sector Scheme SAMPADA. SAMPADA, with an allocation of Rs 6000 crore, is expected to leverage investment of Rs 31400 crore and will handle 334 lakh MT agro-produce valuing Rs 104125 crore.

2. 5) TCS has opened its first Drones Research Lab in the US at its Seven Hills Park Innovation Center located in Cincinnati, Ohio, to address the rapidly expanding demand for unmanned aerial vehicles and business solutions across industries.

3. 2) China-sponsored Asian Infrastructure Investment Bank approved $160 million loan for a power project in Andhra Pradesh, the first credit from the bank for an Indian project.

4. 3) Madhya Pradesh became the first state in the country to formally switch to a January-December financial year format.

5. 5) Country's largest lender State Bank of India has cut its term deposit rates by up to 50 basis points for various maturities. The rates have been revised for medium and long term deposits and for amount below Rs one crore.

6. 4) The Department of Telecom (DoT) on 2 May 2017 launched 'Tarang Sanchar’ web portal, a portal that will allow people to track radiation emitted from mobile towers within a locality and check their compliance with the stipulated norms.

7. 5) Railways Ministry on 3 may 2017 announced to build the world's highest railway bridge over the Chenab river in Jammu and Kashmir in around two years from now. The construction of this 1.315 km long highest bridge will require over 24000 tonnes of steel and will rise 359 m above the river bed.

8. 2) Prime Minister Narendra Modi on 3 May 2017 inaugurated Patanjali Research Institute at Haridwar, Uttarakhand.

9. 1) Indian Space Research organisation (ISRO) on 5 May 2017 successfully launched the South Asia Satellite. Participating nations: Six of India’s neighbours including Afghanistan, Bangladesh, Bhutan, Nepal, Srilanka and the Maldives were the participants of the space-based regional communication project.

10. 2) The Insolvency and Bankruptcy Board of India (IBBI) on 4 May 2017 constituted a Technical Committee to lay down technical standards for performance of core services in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations, 2017. The committee will be headed by RB Barman, Chairman of National Statistical Commission.

11. 4) JCB is a global payment company and leading credit card issuer and acquirer in Japan.

12. 3) India and Cyprus signed Work Plan under programme of Cooperation in the field of Agriculture for 2017- 18.

13. 4) Ganga Swachhta Sankalp Divas was observed on 2 May 2017 by the National Mission on Clean Ganga (NMCG) at 12 locations including Allahabad, Varanasi, Kanpur, Patna, Sahibganj, Bhagalpur, Raj Ghat (Hardoi), Kolkatta, Srinagar ( Uttarakhand), Bithoor, Devprayag and Vidhur Kuti.

14. 1) Dubai became the first city in the world to get its own Microsoft Font.

15. 2) Indore in Madhya Pradesh is India’s cleanest city while Gonda in Uttar Pradesh is the dirtiest, according to the ‘Swachh Survekshan-2017’.

16. 5) The world level weapon production unit “Punj Lyod Defence System” was inaugurated in Malanpur Industrial Area of Bhind district of Madhya Pradesh.

17. 5) World Asthma Day is observed on the first Tuesday of May every year. The World Asthma Day 2017 was observed across the world on 2 May 2017 with the theme 'Asthma: Better Air, Better Breathing'.

18. 3) World Press Freedom Day was observed worldwide on 3 May 2017 with the theme ‘Critical Minds for Critical Times: Media’s role in advancing peaceful, just and inclusive societies’.

19. 4) Aizwal FC won the 2016-17 I-League.

20. 1) Facebook on 4 May 2017 launched Express WiFi service commercially in India.




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