Current Affairs Quiz: May 2 2018

AffairsCloud brings you the complete and important daily current affairs May 2 2018 Quiz to achieve more marks in Banking , Insurance, UPSC, SSC, CLAT , Railway  and all other competitive Exams. We have prepared the current affairs quiz from our current affairs today updates.

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  1. On May 1, 2018, Department of Telecom uploaded the draft of National Digital Communications Policy 2018 on its website for public consultations. According to that, under ‘National Broadband Mission – Rashtriya Broadband Abhiyan’ government has set a goal to provide ____ of internet speed to all gram panchayats in India by 2020?
    1.20 kbps
    2.40 kbps
    3.1 Gbps
    4.2 Gbps
    5.None of these
    Answer & Explanation
    Answer – 3.1 Gbps
    Explanation:
    The policy recognises spectrum as a key natural resource which is to be utilised for attaining India’s socio-economic goals. The policy envisages making adequate spectrum available for the new broadband era. It recognises optimal pricing of spectrum in order to ensure sustainable and affordable access to digital communications. In order to promote efficiency, process of obtaining permissions from various agencies such as Wireless Planning and Coordination (WPC) and Standing Advisory Committee on Radio Frequency Allocation (SACFA) is to be simplified. The policy also talks about constituting a Spectrum Advisory Team (SAT), consisting of experts, industry and academia to facilitate the identification of new bands and applications.
  2. How many Indian cities feature in the list of 20 most polluted cities in the world, as per data released by World Health Organisation (WHO)?
    1.12
    2.10
    3.14
    4.15
    5.None of these
    Answer & Explanation
    Answer – 3.14
    Explanation:
    ’Polluted Cities’ in context of this news, implies particulate matter (PM) 2.5 concentrations in air in 2016. It includes pollutants like sulphate, nitrate and black carbon. 14 Indian cities that have figured in the list are: Kanpur, Faridabad, Gaya, Patna, Agra, Muzaffarpur, Srinagar, Gurgaon, Jaipur, Jodhpur, Patiala, Lucknow, Delhi and Varanasi. The WHO data measured levels of fine particulate matter (PM10 and PM2.5) from more than 4300 cities in 108 countries. As per WHO’s estimates, around 7 million people die every year from exposure to fine particles in polluted air. Continuous exposure to fine particles causes several diseases including lung cancer, stroke, heart disease and respiratory infections, including pneumonia.
  3. On May 2, 2018, who presided over the first meeting of the national committee set up for commemoration of 150th birth anniversary of Mahatma Gandhi, in 2019?
    1.Narendra Modi
    2.Venkiah Naidu
    3.Ram Nath Kovind
    4.Arun Jaitley
    5.None of these
    Answer & Explanation
    Answer – 3.Ram Nath Kovind
    Explanation:
    150th birth anniversary of Mahatma Gandhi will be commemorated from 2nd October, 2019 to 2nd October, 2020. Rs 150 crore have been allocated for this purpose under Union Budget 2018. The National committee for commemoration of 150th birth anniversary of Mahatma Gandhi is a 114-member committee which also includes Prime Minister Narendra Modi, Vice President M. Venkaiah Naidu and former Prime Ministers and Chief Justice of India. The first meeting was attended by Chief Ministers of different states, leaders of various political parties, spiritual leaders, Gandhians and social workers. Discussions at the meeting revolved around policies, plans and preparatory activities for commemoration of the birth anniversary.
  4. Where did National Disaster Management Authority (NDMA) conduct a two-day National Workshop on Data Requirements for Disaster Risk Reduction Database on 2nd and 3rd May, 2018?
    1.Mumbai
    2.Bangalore
    3.New Delhi
    4.Ahmedabad
    5.None of these
    Answer & Explanation
    Answer – 3.New Delhi
    Explanation:
    NDMA is conducting this workshop in collaboration with United Nations Development Programme (UNDP), United Nations International Children’s Emergency Fund (UNICEF) and United Nations International Strategy for Disaster Reduction (UNISDR). India’s National Disaster Database will be a dynamic platform having locally obtained and validated data on nationwide losses of properties and lives, occurring due to disasters. The workshop will have several technical sessions. One of the key activities to be carried out at the workshop will be to develop a standardised template for data collection, updation and validation to ensure accuracy and quality.
  5. Which state became the first state of India to provide digitally-signed land record receipts (also known as 7/12 receipts) on 2nd May 2018?
    1.Tamil Nadu
    2.Madhya Pradesh
    3.Maharashtra
    4.Gujarat
    5.None of these
    Answer & Explanation
    Answer – 3.Maharashtra
    Explanation:
    7/12 receipt is the most important document which establishes the ownership of the land. Farmers are required to provide it while applying for loans. Besides, it is also used by the government during crop surveys and to extend various facilities. With digital authentication, the farmers will no longer have to visit revenue offices or the Maha e-seva centres. They would simply be required to quote the gat (group) number or survey number to bank or a government department, through which respective agency can ensure the 7/12 receipt online. Maharashtra Chief Minister Devendra Fadnavis claimed that this initiative will enhance ‘ease of doing business’, would check irregularities and bring in transparency.
  6. In order to undertake an exercise to assess the state on key areas of interventions that are relevant to a healthy start-up ecosystem, which State Government has decided to adopt startup ranking framework issued by Department of Industrial Policy and Promotion (DIPP) recently?
    1.Punjab
    2.Haryana
    3.Kerala
    4.Tamil Nadu
    5.None of these
    Answer & Explanation
    Answer – 2.Haryana
    Explanation:
    A proposal in this regard was approved by Haryana Chief Minister, Manohar Lal Khattar on April 30, 2018. The Startup ranking framework covers seven areas of interventions with a total of 38 action points and overall score of 100 marks. All departments under Haryana State Government have been directed to provide documentary evidence to State’s electronic and information technology department regarding any initiative taken by them in context of the seven areas defined under this framework. It is to be noted that, last year, Haryana State Government had launched the entrepreneur and start-up policy during the Digital Haryana Summit, 2017,aimed at transforming the state into a start-up hub by supporting and assisting the new-age innovators and entrepreneurial talents across the state.
  7. On 2nd May 2018, the Cabinet Committee on Economic Affairs (CCEA) approved upgradation and expansion of airport infrastructure at Lucknow, ____ and Guwahati airports with a total cost of over Rs 5,000 crore?
    1.Mumbai
    2.Chennai
    3.Shimla
    4.Kochi
    5.None of these
    Answer & Explanation
    Answer – 2.Chennai
    Explanation:
    Union commerce and industry minister, Suresh Prabhu, said that, Chennai Airport’s new terminal building will have a capacity of 35 million passengers per year. It will be constructed at a cost of Rs 2467 crore. The new terminal building of Guwahati Airport will have a capacity of 9 million passengers per year. It will be built at a cost of Rs 1383 Crore. The new terminal building of Lucknow Airport will have a capacity of 13.6 million passengers per year. It will be constructed at a cost of Rs 1232 Crore.
  8. Name the workshop that was held at block level across India to discuss increasing farmers income through adoption of new technology, on 2nd May 2018?
    1.Kisan Kalyan workshop
    2.Krishi Kalyan workshop
    3.Green India workshop
    4.Kisan Vikas workshop
    5.None of these
    Answer & Explanation
    Answer – 1.Kisan Kalyan workshop
    Explanation:
    The Kisan Kalyan workshops are part of Gram Swaraj Abhiyan initiative. The Gram Swaraj Abhiyan is a campaign focussed on rural regions that began on 14th April 2018 on the birth anniversary of Dr BR Ambedkar. At the workshops, farmers from each block interacted with agriculture officers and scientists regarding increase of farmers’ income using new technologies. Awareness campaigns and training programmes will spread information about steps for doubling the farmers’ income by 2022 and other efforts taken by the government for farmers’ welfare.
  9. On 1st May 2018, the bilateral trade for 2018 between the traders of India and which country commenced through the Nathu La border?
    1.China
    2.Myanmar
    3.Bangladesh
    4.Nepal
    5.None of these
    Answer & Explanation
    Answer – 1.China
    Explanation:
    In 2017, the India China Bilateral trade was stopped due to the Doklam standoff. In 2016-2017, goods worth Rs 3.54 crore were traded through the Sino-Indian border, Nathu La. The trade between India and China through Nathu La border resumed in 2006, 44 years after it was closed. It is located at an altitude of 14,200 feet. An official meeting was conducted between representatives from India and China including officials from ITBP (Indo-Tibetan Border Police) of India and PLA (People’s Liberation Army) of China. Discussions were made on currency exchange, road connectivity and issues due to weather, etc.
  10. The Union Cabinet chaired by Prime Minister Narendra Modi approved the continuation of Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) beyond 12th Five Year Plan for a period 2017-18 to ____ with a cost of Rs. 14,832 crores?
    1.2020-21
    2.2019-20
    3.2022-23
    4.2018-19
    5.None of these
    Answer & Explanation
    Answer – 2.2019-20
    Explanation:
    Union Health Minister J P Nadda, said that PMSSY aims to correct regional imbalances in the availability of affordable tertiary healthcare services and to expand facilities for quality medical education in India. He said that, the same number of posts will be created for a 960 bedded hospital for the new AIIMS that are set up through PMSSY. He added that each new AIIMS will add 100 UG (MBBS) and 60 B.Sc (Nursing) seats, 15-20 Super Specialty Departments and 750 hospital beds.
  11. Which rank does India occupy in the world level list of military spending as per a report released by Stockholm International Peace Research Institute (SIPRI) on 2nd May 2018?
    1.5
    2.4
    3.2
    4.1
    5.None of these
    Answer & Explanation
    Answer – 1.5
    Explanation:
    As per the SIPRI report, New Delhi’s defence spending increased by 5.5 percent to $63.9 billion in 2017. Now it has surpassed France. Worldwide military spending increased to $1.73 trillion in 2017, which is nearly 2.2 percent of global gross domestic product. The list of the world’s biggest military spenders is dominated by the US and China, which spent $610 billion and $228 billion respectively.
  12. On 29th and 30th April 2018, where was the India- South Africa business summit held ____?
    1.Johannesburg, South Africa
    2.New Delhi, India
    3.Mumbai, India
    4.Hyderabad, India
    5.None of these
    Answer & Explanation
    Answer – 1.Johannesburg, South Africa
    Explanation:
    Indian Minister of Commerce and Industry and Civil Aviation, Suresh Prabhu, attended the India- South Africa business summit. He addressed the plenary session of the Summit. The main Plenary Session was followed by 7 Breakaway Sessions on Start Ups, Automobile industry, Health Care & Pharma, Mining, Agro Processing, Women Entrepreneurs in Business and the Fourth Industrial Revolution. At the Summit an MOU was signed between Invest SA and Invest India, to improve economic and trade partnership between India and South Africa. A CII (Confederation of Indian Industry) sponsored white paper was released on the good work done by Indian businesses in South Africa. The tag line of the India-South Africa Business Summit 2018 was “United by Legacy, Unified for Prosperity,”.
  13. In a bid to curtail money laundering, Securities and Exchange Board of India (SEBI) has unveiled a detailed framework for risk based Know Your Client (KYC) documentation of FPIs. What does “F” represent in FPI?
    1.Financial
    2.Fiscal
    3.Foreign
    4.Funds
    5.None of these
    Answer & Explanation
    Answer – 3.Foreign
    Explanation:
    FPI – foreign portfolio investors.
    In an FPI structured as a company, a person owning 25 per cent stake would be considered the beneficial owner (BO). However, if it originates from a high-risk jurisdiction, any person owning 10 per cent stake or more in such FPI would be considered a BO. In addition to this, all investors from such jurisdictions would have to comply with the KYC requirement for category-III FPIs (considered to be High Risk entity). Besides, SEBI clarified that non-resident Indians (NRIs), overseas citizens of India (OCI) and resident Indians cannot be beneficial owners of FPIs and can only obtain an FPI licence on condition that they limit their roles to investment advisors and do not invest their money. FPIs that do not comply with the new norms have been restricted to take new derivative positions from May 2018.
  14. As per data released by Union Commerce and Industry Ministry, Core Sector growth slowed down to ____% in March 2018?
    1.5.2
    2.4.1
    3.1.2
    4.4.4
    5.None of these
    Answer & Explanation
    Answer – 2.4.1
    Explanation:
    Coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity are together referred to as core industries. Core sector growth of 4.1% in March 2018 marks a slowdown as compared to 5.4 per cent growth in February and 5.2 per cent growth in March last year. Slowdown in March 2018 can be largely attributed to moderation in output of refinery products, fertilisers, steel and cement. It is to be noted that the eight core industries constitute 40.27% of the total industrial production in India.
  15. _____ has adopted the Gandikota Fort (located in Kadapa district, Andhra Pradesh) under Central Government’s ‘Adopt a Heritage: Apni Dharohar, Apni Pehchaan’ scheme?
    1.Dalmia Bharat group
    2.ITC Limited
    3.Aditya Birla Group
    4.Reliance Group
    5.None of these
    Answer & Explanation
    Answer – 1.Dalmia Bharat group
    Explanation:
    Under ‘Adopt a Heritage: Apni Dharohar, Apni Pehchaan’ scheme, Union Ministry of Tourism had invited private and public sector companies to adopt as many as 116 ASI-protected monuments/sites to take up the responsibility for its maintenance, conservation and development. Gandikota Fort is a 14th century fort, overlooking a stunning gorge carved by the Pennar river in Andhra Pradesh. It is located close to Dalmia Bharat’s cement factory in Kadapa district and will thus make it easier to monitor development and maintenance work being undertaken at the fort.
  16. Who hosted the meeting of Vice-Chancellors of Central Universities and presented the Visitor’s Awards at Rashtrapati Bhavan, New Delhi, on 2nd May 2018?
    1.Narendra Modi
    2.Venkiah Naidu
    3.Ram Nath Kovind
    4.Arun Jaitley
    5.None of these
    Answer & Explanation
    Answer – 3.Ram Nath Kovind
    Explanation:
    Ram Nath Kovind handed over the Visitor’s Awards for Research in Basic and Applied Science, Humanities, Arts and Social Science. Recipients of the Visitor’s Awards 2018:
    • Prof. Sanjay K. Jain’s – for development of a drug delivery system having the potential to make cancer treatment more effective and affordable
    • Prof. Ashis Kumar Mukherjee – for research on the molecular complexity of the snake venom
    • Prof. Ashwani Pareek – for development of a rice variety with potential to increase farm productivity and income of farmers
    • Prof. Pramod K. Nayar – for his work in Humanities, Arts and Social Sciences
  17. On 27th April 2018, ____ bagged “Best Co-operative Society on digital platform” award in the BFSI leadership Awards 2018, at Hotel Eros in New Delhi?
    1.DigInd Credit
    2.Adarsh Credit
    3.Hindustan Credit
    4.Instant Credit
    5.None of these
    Answer & Explanation
    Answer – 2.Adarsh Credit
    Explanation:
    Deepak Sharma, Zonal Manager, Gurgaon received the award on behalf of Adarsh Credit Co-operative Society Ltd. Adarsh Credit is the first credit co-operative society in India to perform financial services digitally. Institutions like Max Bupa Health Insurance, VMware, SREI and National Informatics Center were also awarded at the BFSI Leadership awards 2018.
  18. Who has been appointed as Chairman of Insurance Regulatory and Development Authority of India (IRDAI)?
    1.T S Vijayan
    2.Subhash Chandra Khuntia
    3.Amritanshu Agrawal
    4.Vijay Bhaskar
    5.None of these
    Answer & Explanation
    Answer – 2.Subhash Chandra Khuntia
    Explanation:
    Subhash Chandra Khuntia is 1981-batch Karnataka-cadre Indian Administrative Services (IAS) officer. He has held positions in Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC) and has also served as Special Secretary and Financial Advisor in the Ministry of Petroleum and Natural Gas. The post of Chairman of Insurance Regulatory and Development Authority of India (IRDAI) was vacant for more than two months after TS Vijayan’s tenure came to an end on February 21, 2018.
  19. Name the person who has been appointed by ICICI Bank’s board as an additional (independent) director of ICICI bank for five years, on 2nd May 2018?
    1.Radhakrishnan Nair
    2.Ashok Mittal
    3.Raman Raghunathan
    4.Preetima Singh
    5.None of these
    Answer & Explanation
    Answer – 1.Radhakrishnan Nair
    Explanation:
    ICICI Bank said that, the appointment is subject to approval of shareholders. Radhakrishnan Nair is 63 years old. He is also an independent director of ICICI Prudential Life Insurance Company, ICICI Prudential Trust and ICICI Securities Primary Dealership. Also, ICICI Bank said that, Tushaar Shah, non-executive independent director of ICICI bank will finish his 8 year term and will exit from his position on 3rd May 2018.
  20. On 29th April 2018, Blue Origin, a US aerospace company, launched the suborbital ____ rocket and space capsule from the Blue Origin’s West Texas launch site?
    1.Good Shepherd
    2.New Shepard
    3.Spacetourist
    4.SpaceHerd
    5.None of these
    Answer & Explanation
    Answer – 2.New Shepard
    Explanation:
    This is the second flight of the New Shepard 2.0 spacecraft. New Shepard was launched to a target height of 351,000 feet. After the New Shepard capsule was launched, the booster separated and returned to its launch site. Blue Origin’s dummy astronaut is named “Mannequin Skywalker”. The payloads consist of an experiment for NASA’s Johnson Space Center, few others from European universities funded by the German Aerospace Center, and a “Schmitt Space Communicator” for Solstar Company.
  21. On 29th April 2018, ____, also called as Guruji passed away at his residence, after fighting cancer, in Adilabad, Telangana?
    1.Ravinder Sharma
    2.Ravi Shankar Sharma
    3.Ram Sundar
    4.Ravindra Nair
    5.None of these
    Answer & Explanation
    Answer – 1.Ravinder Sharma
    Explanation:
    Guruji Ravinder Sharma was 65 years old. He is the founder of Adilabad’s Kala Ashram. He is an artist and philosopher. He had received the Kala Ratna by the Andhra Pradesh State government in 2014.
    iii. He was also awarded the D. Litt (Honoris Causa) by the SGT University, Gurugram, Haryana.
  22. What is the theme of World Asthma Day 2018 observed on 1st May throughout the world?
    1.Early diagnosis is the right time to address airways disease
    2.Never too early, never too late. It’s always the right time to address airways disease
    3.Airways disease: Obstacle for a peaceful life
    4.Safeguard your lungs for a healthy living
    5.None of these
    Answer & Explanation
    Answer – 2.Never too early, never too late. It’s always the right time to address airways disease
    Explanation:
    World Asthma Day is observed every year on the first Tuesday of May. It is organized by the Global Initiative for Asthma (GINA). World Asthma Day is observed to create awareness on asthma, its diagnosis and care throughout the world. The first World Asthma Day was observed in 1998. The theme for World Asthma Day 2018 is: ‘Never too early, never too late. It’s always the right time to address airways disease.’

STATIC GK based on Current Affairs

  1. Which state houses the Lal Bahadur Shastri Stadium?
    Answer
    Telangana
  2. Name the Chairman and headquarters of Securities and Exchange Board of India (SEBI)?
    Answer
    Current Chairman – Ajay Tyagi; Headquarters – Mumbai, Maharashtra
  3. Who is the President of Confederation of Indian Industry (CII) headquartered in New Delhi?
    Answer
    Mr. Rakesh Bharti Mittal
  4. Where is the Lal Bahadur Shastri Airport located?
    Answer
    Varanasi
  5. Who is the Director General of ITBP (Indo-Tibetan Border Police) headquartered in New Delhi?
    Answer
    R K Pachnanda