Current Affairs Quiz: May 4 2018

AffairsCloud brings you the complete and important daily current affairs May 4 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. Ivica Dacic, first Deputy Prime Minister & Minister of Foreign Affairs of ____ was on an official visit to India from 1st to 4th May, 2018. He signed a MoU with Indian External Affairs Minister, Sushma Swaraj, on cooperation in the field of culture, sports, youth and mass media?
    1.Serbia
    2.Russia
    3.Germany
    4.France
    5.None of these
    Answer & Explanation
    Answer – 1.Serbia
    Explanation:
    On May 3, 2018, Mr. Ivica Dacic held a meeting with Union External Affairs Minister, Sushma Swaraj. During the meeting, both the ministers discussed range of bilateral, regional and global issues of mutual interest. During the meeting, India-Serbia bilateral cooperation in various sectors including trade and investment, science and technology, agriculture and food processing, information technology, Defence, culture and tourism and health and pharmaceuticals was also discussed. Both the ministers also signed an agreement on cooperation in the field of culture, sports, youth and mass media. During the course of this visit, Mr. Ivica Dacic also called upon Vice President of India Venkaiah Naidu, delivered a speech on ‘Serbia in the region, Europe and the World’ at the Indian Council of World Affairs and visited Agra.
  2. In a bid to enhance ease of getting visas, which country launched online “event clearance system” on May 2, 2018, aimed at granting security clearance to foreigners wanting to visit the country to attend conferences, seminars or workshops?
    1.India
    2.Pakistan
    3.China
    4.Ireland
    5.None of these
    Answer & Explanation
    Answer – 1.India
    Explanation:
    Under this system, Indian missions abroad would issue conference visa to foreign nationals or delegates intending to attend such events organized by central and state governments, central educational institutions, public sector undertakings, public funded universities, private institutions or NGOs. The salient feature of ‘event clearance system’ is that, the whole process is paperless and standardized as various officials involved in the process can access the online application and documents and take decisions accordingly. However, Indian mission abroad would be required to obtain prior consent from the Home Ministry before granting conference visas to participants from Afghanistan, Pakistan, Iraq and Sudan or foreigners of Pakistani origin or “stateless persons”.
  3. Who chaired the 27th meeting of the Goods and Services Tax (GST) on May 4, 2018?
    1.Urijit Patel
    2.Arun Jaitley
    3.Rajiv Kumar
    4.Ram Nath Kovind
    5.None of these
    Answer & Explanation
    Answer – 2.Arun Jaitley
    Explanation:
    With a view to incentivise promotion of digital payments, a proposal of a concession of 2% in GST rate on B2C supplies (for which payment is made through cheque or digital mode, subject to a ceiling of Rs. 100 per transaction) was discussed. A Group of Ministers from State Governments will be setup to look into this proposal and make recommendations, before the next GST Council meeting. It was discussed to impose a sugar cess of maximum Rs 3 on each kg sold by sugar companies, over and above the 5% GST charged on sugar. This move is expected to raise Rs 1540 crore which can be paid to cane farmers on behalf of mills.
  4. Chief Minister of which state launched ‘Go to Village’ mission throughout the state on May 1, 2018?
    1.Mizoram
    2.Telangana
    3.Manipur
    4.Madhya Pradesh
    5.None of these
    Answer & Explanation
    Answer – 3.Manipur
    Explanation:
    Manipur State Government’s ‘Go to Village’ mission is aimed at identifying the eligible and deserving beneficiaries in every corner of the state and delivering government services at their doorstep. The mission has been launched in 60 villages of all the 60 Assembly constituencies. A review meeting to assess the requirements and data collected from the mission activities will also be conducted.
  5. On May 3, 2018, Minister of State for Civil Aviation Jayant Sinha stated that ___, which is scheduled to be commissioned in June 2018, will be the 100th operational airport in India?
    1.Pakyong airport, Sikkim
    2.Jewar Airport, Uttar Pradesh
    3.Navi Mumbai International Airport, Maharashtra
    4.Sabarimala Airport, Kerala
    5.None of these
    Answer & Explanation
    Answer – 1.Pakyong airport, Sikkim
    Explanation:
    Currently, Sikkim is the only state in India that does not have an airport. Post commissioning, low-cost airline SpiceJet will be operating flights to Pakyong in Sikkim from Kolkata under Civil Aviation Ministry’s regional connectivity scheme, UDAN (Ude Desh ka Aam Naagrik). Under UDAN, 25 airports have been added to the aviation network, 13 airports are being upgraded and 23 airports and helipads have been awarded to handle helicopter operations.
  6. Where did the 4th Regional Conference on ‘Futuristic, Resilient and Digital Infrastructure’ conclude on May 4, 2018?
    1.Bengaluru
    2.Hyderabad
    3.Mumbai
    4.Chennai
    5.None of these
    Answer & Explanation
    Answer – 1.Bengaluru
    Explanation:
    The conference was organized by Union Ministry of Finance in collaboration with the Confederation of Indian Industry (CII) and Research and Information System for Developing Countries (RIS). This two-day conference was attended by experts from various fields, representatives of civil society organizations and academia. Discussions at the conference focused on existing challenges as well as opportunities in the context of need for Futuristic, Resilient and Digital Infrastructure, Resource Mobilisation and Emerging Challenges. Digital Infrastructure has been recognised as the ‘infrastructure for infrastructure’. This conference was a lead-up event to the 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), scheduled to be held on 25th and 26th June 2018 in Mumbai. 3rd Annual Meeting of AIIB will be hosted by the Government of India.
  7. n 4th May 2018, External Affairs Minister Sushma Swaraj chaired an Interactive Session on the Act East Policy with the Chief Ministers of northeastern states in ____?
    1.Imphal
    2.New Delhi
    3.Shimla
    4.Dehradun
    5.None of these
    Answer & Explanation
    Answer – 2.New Delhi
    Explanation:
    Chief Ministers Sarbanand Sonowal (Assam), Neiphiu Rio (Nagaland), N Biren Singh (Manipur), Biplab Deb (Tripura) and Conrad Sangma (Meghalaya) etc. took part in the meeting. The interactive session was organized as part of government’s initiative to keep northeastern part of India at the “heart” of India’s Act East Policy. Dr Rajiv Kumar, Vice Chairman of Niti Aayog, Minister of State for External Affairs Gen (retd) V K Singh, Foreign Secretary Vijay Gokhale, Secretary (East) Preeti Saran etc. also participated in the meeting. Following the successful ASEAN India Commemorative Summit that was held on 25 January 2018, this meeting will further enhance India’s engagement with ASEAN and India’s extended neighbourhood.
  8. The Ministry of Human Resource Development has notified how many National Resource Centres (NRCs) for online refresher programmes for Higher Education faculty through SWAYAM?
    1.85
    2.75
    3.45
    4.55
    5.None of these
    Answer & Explanation
    Answer – 2.75
    Explanation:
    In the first phase, 75 discipline-specific National Resource Centres have been chosen to prepare online training material. The training material will be focused on latest developments and new & emerging trends. A wide range of institutions like IISc, IITs, NITs, State Universities, IIITs, Open Universities etc. have been identified as NRCs. These NRCs cover disciplines like: Social Sciences, Sciences, Engineering and Technology, Design & Manufacturing, Humanities, Language Teaching, Commerce, Management, Education Planning and Administration, Public Policy, Leadership & Governance, Library & Information Science, Astronomy & Astrophysics, Assessment and Evaluation, Pedagogy and research methods , cutting edge areas of Nano-sciences, Internet of Things, etc.
  9. NWIC will be a repository of nation-wide water resources data and will function as a Subordinate Office under the Ministry of Water Resources, River Development and Ganga Rejuvenation. Expand NWIC?
    1.National Water Informatics Council
    2.National Water Informatics Centre
    3.National Weather Informatics Centre
    4.National Weather Informatics Council
    5.None of these
    Answer & Explanation
    Answer – 2.National Water Informatics Centre
    Explanation:
    NWIC will be a repository of nation-wide water resources data and will function as a Subordinate Office under the Ministry of Water Resources, River Development and Ganga Rejuvenation. It will be headed by a Joint Secretary level officer. A “Water Resources Information System” (WRIS) will be developed and updated in public domain for effective integrated water resources management. This will also ensure scientific assessment, monitoring, modelling and Decision Support System (DSS) and Integrated water resource Management. NWIC would offer a ‘Single Window’ source of updated data on water resources and related themes. Also, it would offer value added products and services to stake holders for its management and sustainable development.
  10. National Mission for Clean Ganga (NMCG) has involved which entity to strengthen the Ganga rejuvenation task by using Geographic Information System (GIS) technology?
    1.Indian Space Research Organisation (ISRO)
    2.Survey of India
    3.National Informatics Centre (NIC)
    4.Energy Efficiency Services Limited (EESL)
    5.None of these
    Answer & Explanation
    Answer – 2.Survey of India
    Explanation:
    Survey of India is the oldest scientific department in India. It was established in 1767. Four new projects worth Rs. 531.24 crore were approved recently in the 11th Executive Committee meeting of National Mission for Clean Ganga (NMCG) chaired by Rajeev Ranjan Mishra, Director General, NMCG. National Mission for Clean Ganga (NMCG) works to strengthen planning and implementation at national/state/local level through the project that has been approved at a cost of Rs. 86.84 crore. The project involves use of Digital Elevation Model (DEM) technology for accurate data collection. DEM technology also helps to identify Critical hotspots. GIS technology will ensure decentralization for Namami Gange programme. The collected data and actions taken by government can be shared with public through geo portals and mobile apps.
  11. POWERGRID has set Capex target for the year 2018-19 as _____?
    1.Rs. 25,000 crore
    2.Rs. 55,000 crore
    3.Rs. 40,000 crore
    4.Rs. 65,000 crore
    5.None of these
    Answer & Explanation
    Answer – 1.Rs. 25,000 crore
    Explanation:
    Power Grid Corporation of India Limited (POWERGRID) has signed a MoU for the year 2018-19 with Ministry of Power. The MoU was signed by Ajay Kumar Bhalla, Secretary, Ministry of Power and I. S. Jha, Chairman and Managing Director, POWERGRID. The MoU specifies several targets for POWERGRID to be achieved by during FY 2018-19. Capex target for 2018-19 has been fixed at Rs. 25,000 crore. Other targets mentioned in the MoU are parameters related to human resources, project management, R&D and innovation and other efficiency and operational performance parameters.
  12. What is the rank of India in the Defence Spending report released by SIPRI (Stockholm International Peace Research Institute) for 2017?
    1.5
    2.6
    3.4
    4.1
    5.None of these
    Answer & Explanation
    Answer – 1.5
    Explanation:
    In India’s case, the incremental spending is not towards deploying state-of-the-art military equipment. Rather, the major portion has been spent on salaries and pensions for roughly 1.4 million serving personnel and more than 2 million veterans. With $610 billion defence expenditure in 2017, United State (US) retained its position as world’s largest spender. US accounted for 35 percent of global military expenditures. However, its total spending has remained unchanged on year-on-year basis. India’s neighbour China accounted for the largest absolute increase in spending of $12 billion. Its total defence spending for 2017 stood at $228 billion.
  13. Which country has emerged as the top defence spender in 2017 as per the Defence Spending report released by SIPRI (Stockholm
    International Peace Research Institute) for 2017?

    1.China
    2.USA
    3.Russia
    4.North Korea
    5.None of these
    Answer & Explanation
    Answer – 2.USA
    Explanation:
    With $610 billion defence expenditure in 2017, United State (US) retained its position as world’s largest spender. US accounted for 35 percent of global military expenditures. However, its total spending has remained unchanged on year-on-year basis. India’s neighbour China accounted for the largest absolute increase in spending of $12 billion. Its total defence spending for 2017 stood at $228 billion. With defence spending of $69.4 billion in 2017, Saudi Arabia replaced Russia at No. 3 position. Russia’s defence spending dropped by 20 percent to $66.3 billion. SIPRI has attributed this drop to factors such as falling oil prices. Global military spending stood at $1.73 trillion in 2017 marking 1.1 percent increment over previous year.
    Rank Country Defence Spending
    RankCountryDefence Spending
    1United States$610 billion
    2China$228 billion
    3Saudi Arabia$69.4 billion
    4Russia$66.3 billion
    5India$63.9 billion
    6France$57.8 billion
    7United Kingdom$47.2 billion
    8Japan$45.4 billion
    9Germany$44.3 billion
    10South Korea$39.2 billion
  14. What is the rank of India in the Foreign Direct Investment (FDI) Confidence Index 2018 released by global consultancy firm A T Kearney?
    1.12
    2.22
    3.11
    4.51
    5.None of these
    Answer & Explanation
    Answer – 3.11
    Explanation:
    India’s 11th rank on FDI Confidence Index 2018 marks a drop of three places as compared to 8th rank in 2017. The report outlined that Indian Government’s demonetisation move in November 2016 and roll out of Goods and Services Tax (GST) in July 2017 may have deterred foreign investors for short term. However, investors based in the Americas and those engaged in industry sector consider India as their preferred destination on account of Indian Government’s inclination to have closer ties with US and its Make in India initiative aimed at boosting investment in manufacturing sector.
  15. Which entity has launched ‘Free Intraday Trading’, a facility that allows financial market traders to do intra-day trading without paying any brokerage per trade?
    1.Kotak Securities Limited
    2.National Stock Exchange
    3.Securities Exchange Board of India
    4.Bombay Stock Exchange
    5.None of these
    Answer & Explanation
    Answer – 1.Kotak Securities Limited
    Explanation:
    In financial parlance, intraday trading refers to the activity of buying and selling a security (equity, currency, commodity) on the same day. Under Kotak Securities’ ‘Free Intraday Trading’ facility, traders can do intra-day trades across cash, future and options segments at an annual subscription of Rs.999. As a value added service, individuals availing ‘Free Intraday Trading’ facility will get free access to Kotak Securities research and technology platform for the execution of their transactions.
  16. n 4th May 2018, Swedish Academy said that, the Nobel Prize in literature will not be awarded this year due to sex-abuse allegations and other issues. Nobel Literature Prize 2018 will be given in which year?
    1.2022
    2.2020
    3.2019
    4.2025
    5.None of these
    Answer & Explanation
    Answer – 3.2019
    Explanation:
    The Swedish Academy said that, the Nobel Literature Prize 2018 will be given in 2019. The Nobel Literature Prize is postponed for the first time in 70 years. The Swedish Academy has previously reserved the prize on seven occasions in: 1915, 1919, 1925, 1926, 1927, 1936 and 1949. The Swedish Academy has been in stress due to the #MeToo campaign since November 2017. The Academy has been alleged of sexual misconduct by the husband of one of its members.
  17. Who was sworn in as the acting governor of Manipur, on 2nd May 2018?
    1.Satya Pal Malik
    2.Acharya Dev Vrat
    3.Jagdish Mukhi
    4.Anandhi Ben Patel
    5.None of these
    Answer & Explanation
    Answer – 3.Jagdish Mukhi
    Explanation:
    Mr. Mukhi, currently holds the office of Governor of Assam and Meghalaya. He will hold office as acting Governor of Manipur in the absence of incumbent Governor Najma Heptullah. Diginitaries who attended Mr. Mukhi’s swearing-in ceremony include Manipur Deputy Chief Minister Y Joykumar Singh, Manipur Assembly Speaker Y Khemchand Singh and Rajya Sabha MP from Manipur Ksh Bhabananda Singh.
  18. Name the person who has been appointed as the acting chief justice of the Punjab and Haryana High Court?
    1.Deepak Mishra ,
    2.Vijendra Chauhan
    3.Ajay Kumar Mittal
    4.Anuj Singh
    5.None of these
    Answer & Explanation
    Answer – 3.Ajay Kumar Mittal
    Explanation:
    Justice Ajay Kumar Mittal replaces chief justice Shivax Jal Vazifdar who retired recently. The Law Ministry issued a notification appointing Justice Mittal as the acting chief justice with effect from 4 May 2018. Supreme Court collegium had recommended Justice Krishna Murari to head the Punjab and Haryana High Court. If government agrees with this recommendation, Justice Krishna Murari will head the Punjab and Haryana HC soon.
  19. Who is the Indian-American who has been appointed as interim judge to the civil court of New York City, United States?
    1.Deepa Ambekar
    2.Meena Ravichandran
    3.Raja Rajeshwari
    4.Tejas Kumar
    5.None of these
    Answer & Explanation
    Answer – 1.Deepa Ambekar
    Explanation:
    Deepa Ambekar has become the second Indian-American woman judge in New York after Raja Rajeswari. Deepa Ambekar is 41 years old. She has been appointed to Civil Court and will serve in Criminal Court. She has worked with the New York City Council for three years as Senior Legislative Attorney and Counsel to the Committee on Public Safety. She was a Staff Attorney at the Legal Aid Society, Criminal Defense Division, and a litigation associate at a private firm.
  20. Name the new communication satellite launched by China at the Xichang Satellite Launch Center, on 3rd May 2018?
    1.APSTAR-6C
    2.APSTAR-1E
    3.APSTAR-4C
    4.APSTAR-3B
    5.None of these
    Answer & Explanation
    Answer – 1.APSTAR-6C
    Explanation:
    APSTAR-6C was sent into orbit by the Long March-3B carrier rocket. This was the 273rd mission of the Long March rocket series. APSTAR-6C satellite and Long March-3B carrier rocket were developed by the China Aerospace Science and Technology Corporation. The user of the satellite is APT Satellite Co. Ltd based in Hong Kong. The satellite will offer TV transmission, communication, Internet and multimedia services to customers in the Asia-Pacific region. The APSTAR-6C is based on China’s DFH-4 satellite platform. It will replace APT Satellite’s sin-orbit APSTAR-6 satellite.
  21. Keyur Bhushan who died at a private hospital, in Chhattisgarh, on 3rd May 2018 was a ___?
    1.Freedom fighter
    2.writer
    3.musician
    4.Both 1 and 2
    5.None of these
    Answer & Explanation
    Answer – 4.Both 1 and 2
    Explanation:
    Keyur Bhushan was 90 years old. He participated in the 1942 Quit India movement. In the 1980s, he made a footmarch to promote peace in Punjab. He wrote novels, collections of short stories and poems. He also edited ‘Sapthahik Chhattisgarh’ and ‘Antyoday’. He represented Raipur constituency in the Lok Sabha in the 1990s.
  22. When was the International Firefighters’ Day observed all over the world?
    1.May 2
    2.May 3
    3.May 4
    4.May 1
    5.None of these
    Answer & Explanation
    Answer – 3.May 4
    Explanation:
    International Firefighters’ Day (IFFD) is observed to honour the sacrifices made by firefighters to safeguard their communities and environment. It is observed every year on 4th May. One of the most important symbols of International Fire Fighters Day is the red and blue ribbon. The IFFD ribbons are made of colours that represent main elements that firefighters work with – red for fire and blue for water. On the first Sunday of May at noon local time every year, fire sirens sound for 30 seconds followed by a minute’s silence in memory of all firefighters who have sacrificed their life during duty. This is called the “Sound Off“.

STATIC GK based on Current Affairs

  1. Which state houses the Kanger Ghati National Park?
    Answer
    Chhattisgarh
  2. Where is the headquarters of Kotak Securities Limited that was established in 1994?
    Answer
    Mumbai, Maharashtra
  3. Who is the Chairman and Managing Director of POWERGRID?
    Answer
    I. S. Jha
  4. Name the Director General of National Mission for Clean Ganga (NMCG)?
    Answer
    Rajiv Ranjan Mishra
  5. Where is Jay Prakash Narayan International Airport located?
    Answer
    Patna, Bihar
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