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Current Affairs Quiz: December 6 2018

AffairsCloud brings you the complete and important daily Current Affairs December 6 2018 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz from our current affairs today updates.

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  1. Where was the 223rd meeting of the Central Board of Trustees (CBT), EPFO (Employees’ Provident Fund Organisation) held on 4th December 2018?
    1) New Delhi
    2) Mumbai
    3) Kolkata
    4) Indore
    5) None of these
    Answer & Explanation
    Answer – 1) New Delhi
    Explanation:
    On December 4, 2018, Shri Santosh Kumar Gangwar, Minister of State (I/C) for Labour & Employment chaired the 223rd meeting of the Central Board of Trustees (CBT), EPFO in New Delhi. The Board approved the constitution of the following committees and authorized Chairman CBT, EPFO to nominate members to the committees:-
    • Finance, Investment and Audit Committee
    • Pension & EDLI Implementation Committee
    • Exempted Establishments Committee
  2. Finance ministry has approved _____ rupees investment for FY19 and FY20 to upgrade Doordarshan (DD) and All India Radio (AIR)?
    1) Rs 850 crore
    2) Rs 670 crore
    3) Rs 450 crore
    4) Rs 980 crore
    5) None of these
    Answer & Explanation
    Answer – 1) Rs 850 crore
    Explanation:
    On 05th December 2018, Finance ministry has approved Rs 850 crore investment to upgrade Doordarshan (DD) and All India Radio (AIR). The sanctioned amount will be invested over FY19 and FY20. Decision came after Centre has started a manpower audit of Prasar Bharati, acting on the recommendation of an expert committee in 2014 led by Sam Pitrodawhich recommended that Prasar Bharati ‘undertake a comprehensive manpower audit and human resources planning exercise to map workforce requirements for the future, in line with the public broadcaster’s mandate’.
  3. Where was “Conference on EU-India Partnership for Cultural Heritage Conservation” held on 4th and 5thDecember 2018?
    1) Kolkata
    2) Guwahati
    3) New Delhi
    4) Kochi
    5) None of these
    Answer & Explanation
    Answer – 3) New Delhi
    Explanation:
    On December 4, 2018, a two-day “Conference on EU-India Partnership for Cultural Heritage Conservation” commenced at the National Museum Auditorium, Janpath, New Delhi. It concluded in December 5, 2018. Its objective is to enhance EU-India collaboration in the field of cultural heritage conservation. The conference was inaugurated by: Minster of State (I/C) Shri. Hardeep Singh Puri. As part of this, the Delegation of the European Union together with the National Museum Institute, Government of India, will convene 20 Indian and 18 European experts. It also marked the pinnacle of the European Year of Cultural Heritage (EYCH), which will conclude on December 6-7, 2018.
  4. Which state government launched a new programme for transparency and awareness on various government schemes, called PEETHA (Peoples Empowerment Enabling Transparency and Accountability), on 4th December 2018?
    1) Telangana
    2) Gujarat
    3) Assam
    4) Odisha
    5) None of these
    Answer & Explanation
    Answer – 4) Odisha
    Explanation:
    On December 4, 2018, Odisha government launched a new programme for transparency and awareness on various government schemes, called- the Peoples Empowerment Enabling Transparency and Accountability or PEETHA. It was launched by Odisha Chief Minister Naveen Patnaik. PEETHA is based on a 3-T (Technology, Transparency and Team work) model, and is a sub-scheme of the Odisha government’s flagship Ama Gaon Ama Bikas Yojana (AGAB). Under this initiative, camps will be organised at the gram panchayat level from the 15th to the 20th of each month, beginning December 2018. In each such camps, benefits like LED bulb, Old Age pension, Artist pension, Mission Shakti etc will be distributed to the beneficiaries there. Furthermore, block level officers will be appointed by the state government for supervising the implementation of the scheme. Every month, the best panchayat in each Block will be given Rs. 5 lakh for organising PEETHA.
  5. The ____ session of Policy Commission of World Customs Organisation was held in Mumbai from 3rd to 5thDecember 2018?
    1) 80th
    2) 75th
    3) 68th
    4) 91st
    5) None of these
    Answer & Explanation
    Answer – 1) 80th
    Explanation:
    On December 5, 2018, the three day 80th session of Policy Commission of World Customs Organisation concluded in Mumbai. It started on December 3, 2018. It was organized by Central Board of Indirect Taxes and Customs (CBIC). It was inaugurated by Finance Minister, Arun Jaitley, and was attended by 102 delegates from 33 nations. The Indian delegation was headed by Chairman, CBIC, Shri S. Ramesh, along with Member (Customs), Shri P K Das and senior officers. Objective of the WCO meeting was to discuss on various matters related to customs.
  6. Where was the second meeting of the newly constituted ‘NITI Forum for North East’ held on 4th December 2018?
    1) Guwahati, Assam
    2) Imphal, Manipur
    3) Shillong, Meghalaya
    4) Itanagar, Arunchal Pradesh
    5) None of these
    Answer & Explanation
    Answer –  1) Guwahati, Assam
    Explanation:
    On December 4, 2018, the second meeting of the newly constituted ‘NITI Forum for North East’ commenced in Guwahati, Assam. The meeting was co-chaired by: Vice Chairman NITI AAYOG, Dr Rajiv Kumar and Minister of State (IC) for DoNER, Dr Jitendra Singh. The meeting mainly focused on issues pertaining to five critical sectors – Tourism, Bamboo, Dairy, Fisheries and Tea.
  7. Central government announced the inclusion of Gangotri, Yamunotri, Amarkantak and _____ under the Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive (PRASAD) scheme, on 4th December 2018?
    1) Kanyakumari
    2) Parasnath
    3) Coorg
    4) Anantapur
    5) None of these
    Answer & Explanation
    Answer – 2) Parasnath
    Explanation:
    On December 4, 2018, the central government announced inclusion of Gangotri and Yamunotri in Uttrarakhand, Amarkantak in Madhya Pradeshand Parasnath in Jharkhand under the scheme Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive (PRASAD). With this, the number of pilgrimage sites under the scheme increased to 41 sites in 25 states. The PRASAD scheme was launched by the Tourism Ministry in 2014-15.
  8. Which nation has the most powerful passport, according to Global Passport Power Rank 2018, launched by Arton Capital?
    1) United States
    2) Singapore
    3) United Arab Emirates (UAE)
    4) United Kingdom
    5) None of these
    Answer & Explanation
    Answer – 3) United Arab Emirates (UAE)
    Explanation:
    On December 4, 2018, Arton Capital launched the passport index named – Global Passport Power Rank 2018, in which United Arab Emirates (UAE)topped the charts, among 197 nations, as the nation having the most powerful passport. The index, compiled by Arton Capital, ranks national passports based on the number of countries a holder can enter without a visa or by obtaining one on arrival. UAE passport holder can fly to 113 countries without Visa and a total of 167 countries without prior-visa requirement. UAE is followed by Singapore & Germany in the 2nd place with 166 countries. The bottom 5 countries in the list consist of: Afghanistan at 93rd position, Iraq at 92nd , Pakistan at 91st, Syria at 90th and Somalia at 89th position. India stood at 66th position.
  9. What is the repo rate as per 5th Bi-Monthly Monetary Policy released by Reserve Bank Of India (RBI), on 5thDecember 2018?
    1) 6 %
    2) 6.25 %
    3) 6.75 %
    4) 5.75 %
    5) None of these
    Answer & Explanation
    Answer – 5) None of these; Repo Rate is 6.5 %
    Explanation:
    Policy rates as per 5th Bi-Monthly Monetary Policy released by Reserve Bank Of India (RBI), released on 5th December 2018.
    Repo Rate6.5%
    Reverse Repo rate6.25%
    Marginal Standing Facility (MSF) rate6.75%
    Bank Rate6.75%
    Reserve Ratios:
    CRR4%
    SLR19.5%
  10. GDP (Gross domestic product) of India has slowed down to ____ % in the 2nd quarter of 2018-19, as per 5th Bi-Monthly Monetary Policy released by Reserve Bank Of India (RBI)?
    1) 7.1 %
    2) 7.4 %
    3) 7.5 %
    4) 7.2 %
    5) None of these
    Answer & Explanation
    Answer – 1) 7.1 %
    Explanation:
    On December 5, 2018, RBI released its 5th Bi-monthly monetary policy produced by the Monetary Policy Committee chaired by RBI Governor Dr. Urjit Patel. GDP of India has slowed down to 7.1% in the 2nd quarter of 2018-19 after four consecutive quarters of acceleration. The reasons for this decline are:
    • Decline in rural demand, subdued growth in kharif output, depressed prices of agricultural commodities and sluggish growth in rural wages, which resulted in low private consumption and
    • Growth of imports accelerated at a much faster pace than that of exports, resulting in net exports pulling down aggregate
  11. Index of industrial production (IIP) slowed down to what per cent in September 2018, as per 5th Bi-Monthly Monetary Policy released by Reserve Bank Of India (RBI)?
    1) 3.8 %
    2) 4.5 %
    3) 5.2 %
    4) 2.75 %
    5) None of these
    Answer & Explanation
    Answer – 2) 4.5 %
    Explanation:
    On December 5, 2018, RBI released its 5th Bi-monthly monetary policy produced by the Monetary Policy Committee chaired by RBI Governor Dr. Urjit Patel. Growth in the index of industrial production (IIP) slowed down to 4.5 per cent in September 2018. The growth in core industries recovered in October on the back of double-digit expansion in coal, cement and electricity. The purchasing managers’ index (PMI) for manufacturing touched an eleven-month high of 54.0 in November, supported by an expansion in output, and domestic and export orders.
  12. The total durable liquidity injection was ____ rupees for 2018-19, as mentioned in the 5th Bi-Monthly Monetary Policy released by Reserve Bank Of India (RBI)?
    1) Rs 2.85 trillion
    2) Rs 4.55 trillion
    3) Rs 3.60 trillion
    4) Rs 1.36 trillion
    5) None of these
    Answer & Explanation
    Answer – 4) Rs 1.36 trillion
    Explanation:
    On December 5, 2018, RBI released its 5th Bi-monthly monetary policy produced by the Monetary Policy Committee chaired by RBI Governor Dr. Urjit Patel. There was large currency expansion in October and especially during the festive season in November. Currency in circulation, however, contracted in each of the last three weeks in November. Due to the liquidity crunch, the Reserve Bank injected durable liquidity amounting to Rs.360 billion in October and Rs.500 billion in November through open market purchase operations, bringing total durable liquidity injection to Rs.1.36 trillion for 2018-19.
  13. What was the GDP (Gross domestic product) prediction for India for 2018-19, as mentioned in the 5th Bi-Monthly Monetary Policy released by Reserve Bank Of India (RBI)?
    1) 7.6 %
    2) 7.9 %
    3) 7.4%
    4) 7.7 %
    5) None of these
    Answer & Explanation
    Answer – 3) 7.4%
    Explanation:
    On December 5, 2018, RBI released its 5th Bi-monthly monetary policy produced by the Monetary Policy Committee chaired by RBI Governor Dr. Urjit Patel.
    GDP Prediction
    For 2018-197.4%
    For 2018-19 H27.2-7.3%
    For 2019-20 H17.5%
    CPI Inflation
    For 2018-19 H22.7-3.2%
    For 2019-20 H13.8-4.2%
  14. Digital lending company CASHe has partnered with which mobile Point-of -Sale (POS) payment services provider, to launch the CASHe emi Mcards for a smooth loan experience at the point-of-sale?
    1) Mswipe
    2) MPay
    3) QuickPay
    4) SwipePay
    5) None of these
    Answer & Explanation
    Answer – 1) Mswipe
    Explanation:
    On 3rd December 2018, digital lending company for young salaried millennials CASHe partnered with Mswipe, India’s leading mobile Point-of -Sale (POS) payment services provider, to launch the CASHe emi Mcards for its customers which will provide hassle-free loan experience at the point-of-sale. The card will offer instant pre-approved credit of up to INR 10,000 with three equated monthly instalments (EMIs) repayment plan. Cardholders can make a minimum purchase of INR 2,500 per transaction up to the limit of INR 10,000 at any of the 3 50,000, Mswipe terminals available in 650 cities across the country.
  15. Name the online financial products marketplace that has launched a first of its kind feature ‘Chance of Approval’, to help loan applicants choose their most-suited lender on its platform in India?
    1) PayPal.com
    2) Paisabazaar.com
    3) PayTM.com
    4) MoneyBhai.com
    5) None of these
    Answer & Explanation
    Answer – 2) Paisabazaar.com
    Explanation:
    India’s largest online marketplace for financial products, Paisabazaar.com has launched a first of its kind feature Chance of Approval, that will help loan applicants choose their most-suited lender on its platform in India. ‘Chance of Approval’, is an advanced predictive algorithm that has been created by Paisabazaar.com using the last four years of lending data. Globally a few leading players, like Credit Karma in the US, have developed similar features to improve the acceptance rate on their platforms but this is the first such initiative in India. The ‘Chance of Approval’ feature will match a borrower’s profile, like income, credit score, age etc., with the various lending criteria of banks and NBFCs, to provide customers with the chances of getting their loan application approved – Excellent, Good, Fair, and Poor – against each lender. It is also planning to extend this feature to its other lending products like Credit Card, Business Loan and Home Loan.
  16. ICICI Securities (ISec) launched the _____ instant fund credit feature to enable real-time payments in bank accounts upon selling stocks in Bombay Stock Exchange (BSE), on 3rd December 2018?
    1) eATM
    2) ePAy
    3) StockPay
    4) SharePay
    5) None of these
    Answer & Explanation
    Answer – 1) eATM
    Explanation:
    On December 3, 2018, ICICI Securities (ISec), a brokerage firm, launched the ‘eATM’ instant fund credit feature to enable real-time payments in bank accounts upon selling stocks in Bombay Stock Exchange (BSE). This feature is available to retail investors who can get payment against sell of stocks in BSE instantly compared to earlier waiting time of T+2 days. The payment is made directly to the bank accounts to within 30 minutes and the limit is Rs. 50,000 per client per day. This is being offered to all ICICIdirect customers at no additional cost and will be available to stocks sold on the BSE. It is open to all trades in cash segment on nearly 600 stocks traded in BSE.
  17. The number of patents granted by India increased by what per cent in 2017, as per WIPO’s “World Intellectual Property Indicators 2018” report released in Geneva?
    1) 50 %
    2) 25 %
    3) 40 %
    4) 30 %
    5) None of these
    Answer & Explanation
    Answer –1) 50 %
    Explanation:
    On 04th December 2018, according to the UN’s (United Nations) World Intellectual Property Organisation (WIPO) The number of patents granted by India shot up by 50 per cent in 2017.The WIPO’s “World Intellectual Property Indicators 2018” report released in Geneva. China’s patent authority led the world in the number of patents granted with 420,144 and was followed by the US with 318,829. India ranked 10th in the number of patents given last year, no Indian company or university figures in last year’s global list of the top 50 patent applicants. The patents granted by India increased from 8,248 in 2016 to 12,387 last year.Patents granted to foreigners accounted for 85% of the total increase. Japan’s Canon ranked at the top with 24,036 patent applications during the years 2013–2015; South Korea’s Samsung followed with 21,836 and China’s State Grid Corporation with 21,653.
  18. India has the ____ highest FinTech adoption rate among digitally active consumers at 52 %, according to EY FinTech Adoption Index, released on 4th December 2018?
    1) Third
    2) Fifth
    3) Fourth
    4) Second
    5) None of these
    Answer & Explanation
    Answer – 4) Second
    Explanation:
    On 04th December 2018,According to EY FinTech Adoption Index, India has the second highest FinTech adoption rate among digitally active consumers at 52percent, only second to China at 69 percent. Usage is significantly high in large cities with a 66 percent adoption rate followed by 51 percent usage and adoption in small and medium cities. In India, fintech industry is being encouraged by the various government initiatives such as Jan Dhan Yojana, Aadhaar and the emergence of UPI which provide a good foundation to boost financial inclusion in India. Rural India lags at 33 percent. Money transfers and payments services leading the charge in India with adoption standing at 72 percent. Insurance is the next popular category with an adoption rate of 47 per cent, much higher than the global average of 24 per cent.
  19. Credit to micro and small enterprises (MSEs) has increased 5 times to what amount, in the post-GST period, according to a SBI research report, released on 4th December 2018?
    1) Rs 1.23 lakh crore
    2) Rs 5.67 lakh crore
    3) Rs 3.45 lakh crore
    4) Rs 4.89 lakh crore
    5) None of these
    Answer & Explanation
    Answer –  1) Rs 1.23 lakh crore
    Explanation:
    On 04th December 2018, credit to micro and small enterprises (MSEs) has increased 5 times to Rs 1.23 lakh crore in the post-GST period, according to a SBI research report. The 15-month post-GST period increased 5 times to Rs.1.23 lakh crore, compared to Rs.25,700 crore during the corresponding pre-GST period. According to International Finance Corporation (IFC) estimates, the potential demand for India’s MSME finance is about $370 billion, against the current credit supply of $139 billion, resulting in a finance gap of $230 billion. The SBI report pegged the share of credit from NBFCs at 10 percent of the overall MSME pie. The Goods and Services Tax(GST) was rolled out in July 2017. Report has cut its FY19 GDP forecast for FY19 to 7.2 percent from 7.4 percent earlier.
  20. Name the Tamil Writer who was honoured with Sahitya Akademi Award for his novel “Sancharam”, on 5thDecember 2018?
    1) Rajesh Kumar
    2) S Ramakrishnan
    3) Bala Kumaran
    4) Jaya Kumar S
    5) None of these
    Answer & Explanation
    Answer – 2) S Ramakrishnan
    Explanation:
    On 5th December 2018, 52 years old veteran Tamil Writer S Ramakrishnan honoured with Sahitya Akademi Award for his novel “Sancharam” which deals with the lives of nadhaswaram artistes. S Ramakrishnan has been writing since last 27 years and he had written short stories, novels, plays, children’s literature and translations. Ramakrishnan has authored and published 5 novels , 4 books for children, 10 collections of short stories, 24 collections of articles and nine plays. He had won Tagore Literary Award, Sangeetha Nataka Academy, Iyal Award and award for best novel from Tamilnadu Government.
  21. Who was awarded with Male World athlete of the year award for the first time at the International Association of Athletics Federations (IAAF) Athletics Awards 2018 in Monaco, on 4th December 2018?
    1) Eliud Kipchoge
    2) Atlawim Debebe
    3) Teshome Getachew
    4) Bekele Asefa
    5) None of these
    Answer & Explanation
    Answer – 1) Eliud Kipchoge
    Explanation:
    On 4th December 2018, Kenya’s Marathon world record holder Eliud Kipchoge was awarded with Male World athlete of the year for the first time at the International Association of Athletics Federations (IAAF) Athletics Awards 2018 held at the Grimaldi Forum in Monaco. Olympic Champion Kipchoge shattered the world marathon record by 78 seconds whereas Ibarguen was Diamond leage champion in both long jumps and triple jump. Eliud Kipchoge also won the London Marathon 2018.
  22. _____ was awarded with the Female World athlete of the year award for the first time at the International Association of Athletics Federations (IAAF) Athletics Awards 2018 in Monaco, on 4th December 2018?
    1) Pascalia Chepkogei
    2) Caterine Ibarguen
    3) Belew Mekonnen
    4) Fekede Tilahun
    5) None of these
    Answer & Explanation
    Answer – 2) Caterine Ibarguen
    Explanation:
    On 4th December 2018, Kenya’s Marathon world record holder Eliud Kipchoge and Colombian jumper Caterine Ibarguen was awarded with Male and Female World athlete of the year for the first time at the International Association of Athletics Federations (IAAF) Athletics Awards 2018 held at the Grimaldi Forum in Monaco. Olympic Champion Kipchoge shattered the world marathon record by 78 seconds whereas Ibarguen was Diamond leage champion in both long jumps and triple jump. Eliud Kipchoge also won the London Marathon 2018. Sweden’s Vaulter Armand Duplantis and American Sydney Mclaughlin won the Men’s and Women’s Rising star awards respectively.
  23. Name the person who stepped down as MD and CEO of Axis Capital, on 4th December 2018?
    1) Ajay Khuntia
    2) Dharmesh Mehta
    3) Ramesh Parekh
    4) Vikas Singh
    5) None of these
    Answer & Explanation
    Answer – 2) Dharmesh Mehta
    Explanation:
    On December 4, 2018, MD & CEO of Axis Capital, Mr. Dharmesh Mehta stepped down.
  24. Chirag Negandhi and ____ have been made Joint Managing Directors and Co-Chief Executive Officers of Axis Capital?
    1) Suraj PS
    2) Salil Pitale
    3) Nitesh Lade
    4) Arushi Sharma
    5) None of these
    Answer & Explanation
    Answer – 2) Salil Pitale
    Explanation:
    On December 4, 2018, MD & CEO of Axis Capital, Mr. Dharmesh Mehta stepped down. The bank had also elevated Salil Pitale and Chirag Negandhi as Joint Managing Directors and Co-Chief Executive Officer. Both are currently Co-Head of Investment Banking at Axis Capital since 2016. Pitale has been with Axis Capital and Axis Bank since 1999, while, Negandhi has been associated with Axis Capital since 2005.
  25. Name Indian Space Research Organization’s (ISRO) heaviest and most-advanced high throughput communication satellite that was successfully launched from the Spaceport in French Guiana, 5th December 2018?
    1) GSAT-11
    2) GSAT-29
    3) GSAT-14
    4) GSAT-40
    5) None of these
    Answer & Explanation
    Answer – 1) GSAT-11
    Explanation:
    On 05th December 2018, Indian Space Research Organization’s (ISRO) heaviest and most-advanced high throughput communication satellite GSAT-11 was successfully launched from the Spaceport in French Guiana. The launch vehicle Ariane 5 VA-246 lifted off from Kourou Launch Base, French Guiana carrying India’s GSAT-11 and South Korea’s GEO-KOMPSAT-2A satellites. Ariane 5 is one of three launch vehicles operated by Arianespace along with Soyuz and Vega. The 5,854-kg GSAT-11 will provide high data rate connectivity to users of Indian mainland and islands through 32 user beams in Ku-band and 8 hub beams in Ka-band. Satellite is configured around ISRO’s I-6K Bus and has a designed lifetime of more than 15 years.
  26. BigRep and NOWlab firms of which country have produced the world’s first fully functioning e-motorbike NERA using a 3D printer?
    1) China
    2) Japan
    3) United Sttaes
    4) Germany
    5) None of these
    Answer & Explanation
    Answer – 4) Germany
    Explanation:
    On December 5, 2018, German firm BigRep and NOWlab produced the world’s first fully functioning e-motorbike NERA using a 3D printer. The bike was conceptualised and developed in 12 weeks and includes 15 parts excluding the electrical components. It includes features like airless tires, embedded electronics, and forkless steering.
  27. Indian Premier League (IPL) franchise Delhi Daredevils were renamed as _____, on 4th December 2018?
    1) Delhi Patriots
    2) Delhi Capitals
    3) Delhi Rebels
    4) Delhi Warrior
    5) None of these
    Answer & Explanation
    Answer –2) Delhi Capitals
    Explanation:
    On 4th December 2018, Indian Premier League (IPL) franchise Delhi Daredevils were renamed as Delhi Capitals and the announcement was made in a function in the capital held by owners GMR Group and JSW Sports. Co-owners Parth Jindal, representing JSW Sport, and Kiran Kumar Grandhi of GMR, unveiled its new identity including a new name and a logo. The logo has been inspired by the design of Parliament House‎ and the idea of three tigers inscribed in the logo is derived from the Ashok Chakra. Earlier, Mohammed Kaif was named as the team’s assistant coach while Ricky Ponting continues to be the head coach of the team.
  28. Indian sportsman Gautam Gambhir announced his retirement from which sport on 4th December 2018?
    1) Hockey
    2) Cricket
    3) Football
    4) Shooting
    5) None of these
    Answer & Explanation
    Answer –  2) Cricket
    Explanation:
    On December 4, 2018, 37-year-old, former Indian opening batsman, Gautam Gambhir announced his retirement from all forms of Cricket. Gambhir’s career began in 2003 with an ODI against Bangladesh and the Delhi-Andhra Ranji Trophy (scheduled on December 5, 2018) would mark the conclusion of his career in cricket. Gambhir played in 58 Tests between 2004 and 2016, scoring 4,154 runs at an average of 41.95, with the help of nine hundreds and 22 fifties. He also played in 147 ODIs between 2003 and 2013, besides featuring in 37 T20 Internationals. The aggressive opener was India’s top-scorer in the finals of the 2007 World T20 in South Africa and the 2011 ODI World Cup.
  29. Who is the author of the book ‘Blue Waters Ahoy!’, chronicling the Indian Navy’s history from 2001-10, released by Chief of Naval Staff (CNS) Admiral Sunil Lamba, in New Delhi, on 4th December 2018?
    1) Vice Admiral Anup Singh
    2) Lieutenant Karan Shukla
    3) Vice Admiral Suhas Malik
    4) Lieutenant Veer Prathap Singh
    5) None of these
    Answer & Explanation
    Answer – 1) Vice Admiral Anup Singh
    Explanation:
    On 4th December 2018, the Chief of Naval Staff (CNS) Admiral Sunil Lamba released ‘Blue Waters Ahoy!’ a book chronicling the Indian Navy’s history from 2001-10 in New Delhi. In the event,the Indian Navy was celebrating Navy Day, which is organized every year on 04th December to commemorate its offensive actions during the 1971 war. The book has been authored by Vice Admiral Anup Singh, who retired as the Flag Officer Commanding-in-Chief of Eastern Naval Command in 2011. The book is the sixth volume in Navy’s history; the first five had covered the period from 1945 to 2000.
  30. Name the author of ‘Confusion of Confusions’, the first book known to be written about a stock exchange, that went on sale at Sotheby’s Rare Books and Manuscripts online auction, on 4th December 2018?
    1) Robert Castellano
    2) Joseph Penso de la Vega
    3) Regan Thomas
    4) Brett Van De Camp
    5) None of these
    Answer & Explanation
    Answer – 2) Joseph Penso de la Vega
    Explanation:
    On 4th December 2018, ‘Confusion of Confusions’, the first book known to be written about a stock exchange went on sale at Sotheby’s Rare Books and Manuscripts online auction, carrying an estimate of $200,000 to $300,000. It was written by Joseph Penso de la Vega in 1688. It is a primer for the Amsterdam stock exchange, which was set up by the Dutch East India company in 1602. The bids close on December 17 2018. Vega had immigrated from Spain to Amsterdam. He wrote the book in Spanish and described the mechanics of the exchange including descriptions of puts, calls, pools, and manipulations, in addition to providing overall investment advice.
  31. When was World Soil Day 2018 celebrated all over the world?
    1) December 1
    2) December 3
    3) December 5
    4) December 2
    5) None of these
    Answer & Explanation
    Answer – 3) December 5
    Explanation:
    World Soil Day is celebrated annually on 5th of December every year. It is celebrated at the Food and Agriculture Organization of the United Nations (FAO), the regional offices and through national and local events. World Soil Day 2018 aims to raise awareness and call people to Stop Soil Pollution. The International Union of Soil Sciences (IUSS), in 2002, adopted a resolution proposing the 5th of December as World Soil Day to celebrate the importance of soil as a critical component of the natural system and as a vital contributor to human well-being. Under the leadership of the Kingdom of Thailand and within the framework of the “Global Soil Partnership“, FAO has supported the formal establishment of World Soil Day as a global awareness raising platform.
  32. What was the theme of International Volunteer Day for Economic and Social Development 2018 observed on 5thDecember 2018?
    1) Volunteers build Resilient Communities
    2) Volunteers Act First
    3) Global Applause – give volunteers a hand
    4) Volunteers: A step ahead
    5) None of these
    Answer & Explanation
    Answer – 1) Volunteers build Resilient Communities
    Explanation:
    December 5 is annually seen as International Volunteer Day for Economic and Social Development. It is also called as International Volunteer Day. This day celebrates the sacrifice and contributions of the volunteers and organizations and promotes their work among their communities, non-governmental organizations (NGOs), United Nations agencies, government authorities and the private sector. The theme of the International Volunteer Day 2018 is: “Volunteers build Resilient Communities”. It is mandated by the UN General Assembly.

STATIC GK based on Current Affairs

  1. Chairman of Central Board of Indirect Taxes and Customs (CBIC) is ____?
    Answer
      S. Ramesh
  2. Name the Secretary General and headquarters of World Customs Organisation (WCO)?
    Answer
      Secretary General – Mr. Kunio Mikuriya; Headquarters – Brussels, Belgium
  3. Where is Orang National Park located?
    Answer
      Assam
  4. Who is the MD & CEO of ICICI Securities?
    Answer
      Shilpa Kumar
  5. Where is the headquarters of World Intellectual Property Organization (WIPO)?
    Answer
      Geneva, Switzerland
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