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Current Affairs Quiz : January 17 2017

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Hello Aspirants. Welcome to Online Current Affairs January 2017 Quiz in AffairsCloud.com. Here we are creating quiz covering important event in Current Affairs, which is common for all the bank exams and other competitive exams.

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  1. What is the name of the campaign launched by the Ministry of Petroleum and Natural Gas on January 16, 2017 to spread awareness for conservation of fuel?
    A.Samriddhi
    B.Saksham
    C.Swavlamban
    D.Sadupyog
    Answer – B.Saksham
    Explanation :
    The Ministry of Petroleum and Natural Gas (MOP & NG) inaugurated one month long oil and gas conservation campaign “Saksham-2017” at a function in Unity College, Dimapur in Nagaland on January 16, 2017. The mass awareness campaign was inaugurated by chief guest Ramongo Lotha, secretary Food and Civil Supplies. The campaign would be conducted from January 16 to February 15, 2017. The main aim of such campaign is to spread the awareness on fuel conservation so as to minimize the wastage of petroleum products as the demand for it remains high.

  2. Who is the winner of the 2017 Parsvnath Delhi International Chess tournament?
    A.Farrukh Amonatov
    B.R A Pradeep Kumar
    C.Dzhumaev Marat
    D.Diptayan Ghosh
    Answer – A.Farrukh Amonatov
    Explanation :
    Tajikistan’s chess player Grandmaster (GM) Farrukh Amonatov won the 15th Parsvnath Delhi International Chess tournament on January 16, 2017. The player scored 8.5 points out of 10 to win after a draw with the Indian counterpart GM Diptayan Ghosh in the 10th and final round who scored 8 to be placed at second position. Dzhumaev Marat of Uzbekistan also scored 8 points at second spot but due to better tie breaker Diptayan Ghosh was declared runner-up

  3. Gita Sen who passed away on January 16, 2017 at the age of 86 was associated to which field?
    A.Sports
    B.Politics
    C.Acting
    D.Writer
    Answer – C.Acting
    Explanation :
    Veteran actress Gita Sen who was the wife of renowned filmmaker Mrinal Sen passed away on January 16, 2017 in Kolkata of cerebral hemorrhage. She was 86. He is known for her excellent work in films like “Chorus”, “Calcutta 71”, “Kharij”, “Akaler Sandhane”, “Ekdin Pratidin” and “Khandahar”.

  4. Sitalpati, which has recently been inducted in the United Nations Educational, Scientific and Cultural Organisation (UNESCOs) intangible cultural heritage is a traditional art work of which state?
    A.Madhya Pradesh
    B.Assam
    C.Haryana
    D.West Bengal
    Answer – D.West Bengal
    Explanation :
    The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has registered Sitalpati or cool mat from the Cooch Behar district, West Bengal as an “intangible cultural heritage”. The Sitalpati are the mats that are used for sitting or hanging on the doors or windows during summer season. They are made up of weaved green cane slips of murta plants widely found in the region. The traditional weaving culture of the reagion was facing gradual decline, as a result it was placed in a project by UNESCO “Rural Craft Hub project”.

  5. What is the new withdrawal limit from ATMs as specified by Reserve Bank of India on January 16, 2017?
    A.Rs. 7,500
    B.Rs. 10,000
    C.Rs. 12,000
    D.Rs. 9,500
    Answer – B.Rs.10,000
    Explanation :
    The Reserve Bank of India (RBI) from January 16, 2017 has increased the limit of cash withdrawal from ATMs to Rs 10,000 per day from the current Rs 4,500 with immediate effect. However the bank made no changes to the weekly withdrawal limits which is Rs 24,000. Besides, the total limit to withdraw from current accounts has also been increased to Rs 1,00,000 per week from the current limit of Rs 50,000 per week which will also be applicable on the overdraft and cash credit accounts.

  6. An ultra-light weight high-performance watch, RM 50-03, which was inaugurated on January 16, 2017 has been developed using which lightweight element?
    A.Graphite
    B.Beryllium
    C.Graphene
    D.Stainless Steel
    Answer – C.Graphene
    Explanation :
    The world’s ultralight high-performance mechanical watch RM 50-03 was inaugurated on January 16, 2017 at the 27th edition of the Salon International De La Haute Horlogerie (SIHH) in Geneva. The watch made up of graphene composite has been developed by the University of Manchester, UK in collaboration with the watchmaking brand Richard Mille and McLaren F1. The overall weight of the ultralight watch is 40 grams only and is extremely durable. The RM 50-03 watch was made using a unique composite incorporating graphene to manufacture a strong but lightweight new case to house the delicate watch mechanism.

  7. What is the rank of India in the Inclusive Development Index (IDI) 2017 released by World Economic Forum (WEF)?
    A.60
    B.52
    C.47
    D.73
    Answer – A.60
    Explanation :
    India has been ranked at 60th position among 79 developing economies with a score of only 3.38 in the Inclusive Development Index (IDI) of the World Economic Forum (WEF). The list has been topped by Lithuania among the 79 developing countries, Azerbaijan is second while Hungary at third. India has been placed below to neighboring countries including China as well as Pakistan and even in BRICS nation though the GDP per capita of the nation is among the top 10.

  8. Which country has topped the 2017 Inclusive Development Index among advanced economies?
    A.Luxembourg
    B.Singapore
    C.Switzerland
    D.Norway
    Answer – D.Norway
    Explanation :
    WEF released the 2017 Inclusive Development Index of the advanced economies on January 16, 2017. The list has been topped by Norway among 30 advanced economies. Luxembourg is second while Switzerland has been ranked third among 30 advanced economies. Britain was one of the worst countries in the list for employment opportunities, pay, living standards and social inclusion among the advanced economies.

  9. The International Monetary Fund (IMF) has revised the GDP growth estimate of India for the current fiscal year to _____ percent from the previous 7.6 percent on January 16, 2017.
    A.6 percent
    B.6.6 percent
    C.7.1 percent
    D.6.3 percent
    Answer – B.6.6 percent
    Explanation :
    According to the World Economic Outlook report, the International Monetary Fund (IMF) on January 16, 2017 has lowered the India’s GDP growth rate for the current fiscal year by one point to 6.6 percent from its previous estimate of 7.6 percent due to the effect of demonetization on consumption and expenditure. IMF also cut India’s GDP forecast for 2017-18 by 0.4 points to 7.2 percent as against previous forecast of 7.6 percent. For the year 2018-19, the projected growth rate remained unchanged at 7.7 percent.

  10. Which committee has recently recommended creation of 20 percent reservation for girl students in IITs to boost the number of female students in institution?
    A.Andy Harris
    B.Michael Conaway
    C.Timothy Gonsalves
    D.Kavin Rodger
    Answer – C.Timothy Gonsalves
    Explanation :
    A committee formed by the IIT Joint Admission Board (JAB) has recently given its suggestion to create 20 percent reservation seats for the girl students in IITs out of the total number of seats available. The committee headed by professor Timothy Gonsalves recommended the supernumerary seats to address the issue falling number of female students entering the institute. However, the recommendation of the committee will get the final approval after the decision of the Joint Admission Board (JAB) who will decide whether the reservation will come in effect from 2017 or 2018.

  11.  Which business enhancement program has been launched by Yes Bank recently to deepen its collaborations with financial technology start-ups?
    A.Yes Fintech
    B.Yes TechnoFin
    C.Yes TecnoBit
    D.Yes BitTech
    Answer – A.Yes Fintech
    Explanation :
    Private sector lender YES BANK in collaboration with T-Hub, Anthill and LetsTalkPayments launched a unique business accelerator program “YES FINTECH” to provide start-ups a platform for creating sustainable and market ready products as well as provide innovative banking solutions to the customers. YES FINTECH has invited start-ups applications from across the global community, till February 3, 2017 on its website www.yesfintech.com. It would select top 12 start-ups for 15 week dual destination program to be held in Mumbai and Hyderabad.

  12. Which country has won the Nations Cup 2017 in Serbia ?
    A.Kazakhstan
    B.Russia
    C.India
    D.Tajikistan
    Answer – A.Kazakhstan
    Explanation :
    Kazakhstan won the Nations Cup 2017 at first spot followed by Russia at second in the elite category. The Indian Women’s boxing team coached by Gurbax Singh Sandhu was placed third at the 6th Nations Cup held in Vrbas, Serbia on January 15, 2017. India won total six medals comprising of one gold, four silver and one bronze.

  13. Which bank has launched the facility of Customizable Savings Account to enable the customers to select account features as per convenience?
    A.ICICI Bank
    B.HDFC Bank
    C.Axis Bank
    D.Yes Bank
    Answer – D.Yes Bank
    Explanation :
    YES Bank has launched a first of its kind unique Customizable Savings Account to enable the customers to design an account as per their convenience. Mumbai based bank has become the first bank in India to launch such type of account that enables the customer to choose various features of a savings accounts that suits one’s own lifestyle. The Customizable Savings Account will also protect the customer from unwarranted charges by eliminating unnecessary account features.

  14. India signed an MoU for cooperation in the field of cooperatives and related areas on January 16, 2017 with which country?
    A.Singapore
    B.Mauritius
    C.Switzerland
    D.Iceland
    Answer – B.Mauritius
    Explanation :
    India and Mauritius signed an Memorandum of Understanding(MoU) for cooperation in the field of cooperatives and related areas on January 16, 2017. The agreement was signed between Agriculture Minister Radha Mohan Singh, and the Indian Ocean island country’s Business, Enterprise and Cooperatives Minister Soomilduth Bholah.  To enable the two countries to collaborate in this vital sector and can significantly benefit thousands of Mauritians. To exchange its expertise and technology  in agro industry, fisheries and dairy sector.

  15. Who is the winner of the 2016 T.S. Eliot prize for his poetry collection “Jackself” ?
    A.Vahni Capildeo
    B.Rachael Boast
    C.Jacob Polley
    D.Ian Duhig
    Answer –
    C.Jacob Polley
    Explanation :
    Jacob Polley, a British Poet was Conferred with the 2016 T.S. Eliot prize for poetry at a ceremony at the Wallace Collection gallery in London on January 16, 2017 for his poetry collection “Jackself”. Jackself is his fourth collection that consists of various poems that is inspired from his childhood in Cumbria, England. Polley is the 23rd winner of the award and received £20,000 ($24,000) prize money. The selection panel called the book as a “firework of a book”. It was chosen from 10 competeting books.

  16. Based on a study, which element has been discovered by the scientists that forms the 5 percent of earth’s inner core which was undiscovered till now?
    A.Potassium
    B.Magnesium
    C.Aluminium
    D.Silicon
    Answer – D.Silicon
    Explanation :
    Researchers from Tohoku University in Japan have claimed that they have discovered the unidentified element that formed the 5 percent of earth’s core after Iron and Nickel leading to new ways for better understanding of earths formation. According to the researchers, earth’s core is composed of 85 percent Iron, 10 percent Nickel and the rest 5 percent was composed of Silicon.

  17. Which Telecom company has launched a mobile TV service “Ditto TV” on January 16, 2017?
    A.Bharti Airtel
    B.Bharat Sanchar Nigam Limited (BSNL)
    C.Reliance Communication Limited
    D.Vodafone
    Answer – B.Bharat Sanchar Nigam Limited (BSNL)
    Explanation :
    Indian state-owned telecommunications company Bharat Sanchar Nigam Limited (BSNL) has launched mobile TV service ‘Ditto TV‘ and ‘Limited Fixed Mobile Telephony’ in New Delhi on January 16, 2017. Ditto TV is a mobile TV service wherein subscriber can view live TV for 80 plus channels with 7 days back-up facility.

  18. Who has won the 2017 Vodafone Premier Badminton League Tournament?
    A.Chennai Smashers
    B.Mumbai Rockets
    C.Awadhe Warriors
    D.Hyderabad Hunters
    Answer – A.Chennai Smashers
    Explanation :
    Chennai Smashers won the Premier Badminton League season 2 title after defeating Mumbai Rockets 4-3 in the final match held at Siri Fort Complex in New Delhi. It consists of 15 league ties, both the teams winning two matches each. The final match was held between India’s Ajay Jayaram of Mumbai and Thailand’s Tanongsak S.

  19. Who has been signed by the Mercedes as the replacement for recently retired Formula One world champion Nico Rosberg on January 17, 2017?
    A.Kimi Raikkonen
    B.Valtteri Bottas
    C.Mark Ellis
    D.Andy Cowell
    Answer – B.Valtteri Bottas 
    Explanation :
    Mercedes named the new teammate Valtteri Bottas who replaced Formula One world champion Nico Rosberg on January 17, 2017. Bottas signed one year contract with Mercedes for the 2017 campaign and Rosberg will stay on with Mercedes in an ambassadorial role. Felipe Massa has been persuaded to extend his career by one more season to replace the Finn.

  20. Name the veteran US astronaut, well-known as the last man on the moon, who died on January 16, 2017?
    A.Fred Haise
    B.Jim Lovell
    C.Buzz Aldrin
    D.Eugene Cernan
    Answer – D.Eugene Cernan 
    Explanation :
    The commander of Apollo 17 and the last man who walk on the moon, Astronaut Eugene Cernan has passed away in Washington D.C, USA. He was 82. Cernan was flied to space three times and to moon twice. He was one of 14 astronauts selected by NASA in October 1963. He piloted the Gemini 9 mission with Commander Thomas P. Stafford.

  21. Political leader Tarun Prasad Chatterjee who died on January 17, 2017 at the age of 68 was the former minister of which state?
    A.Uttaranchal
    B.Jharkhand
    C.Chhattisgarh
    D.Punjab
    Answer –C.Chhattisgarh
    Explanation :
    Senior Congress leader and former state minister of  Chhattisgarh, Tarun Prasad Chatterjee passed away in Raipur,Chhattisgarh on January 17, 2017. He was 68. Tarun was elected as member of Legislative Assembly for the first time from Raipur rural constituency in 1980, 1990, 1993 and 1998. He was the Public Works Department (PWD) minister between 2002 and 2003 during the Ajit Jogi-led Congress government in Chhattisgarh. He was the general secretary of Chhattisgarh Pradesh Congress Committee from 2003 to 2013.

  22. The Tamil Nadu Government celebrated the birth centenary of which former Chief Minister on January 17, 2017?
    A.M G Ramachandran
    B.Ramakrishna Ranga Rao
    C.P. Subbarayan
    D.M. Karunanidhi
    Answer – A.M G Ramachandran 
    Explanation :
    Tamil Nadu government celebrated the birth centenary of Former CM of Tamil Nadu, M G Ramachandran on January 17, 2017. AIADMK General Secretary V K Sasikala and CM O Panneerselvam were organised the birth centenary celebrations in Chennai.Sasikala gave away welfare assistance to many persons. T Murthy, Director General of Postal Services, India Post released the special postage stamp as a part of this celebration