Current Affairs Quiz: May 6 2018

AffairsCloud brings you the complete and important daily current affairs May 6 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. Where did the ‘India and the world: a history in nine stories’ exhibition begin on 5th May 2018?
    1.New Delhi
    2.Mumbai
    3.Hyderabad
    4.Chennai
    5.None of these
    Answer & Explanation
    Answer – 1.New Delhi
    Explanation:
    The Exhibition marks the collaboration in museum exhibition with the British Museum, London; National Museum, New Delhi and Chhatrapati Shivaji Maharaj Vastu Sangrahalaya (CSMVS), Mumbai. It is supported by the Culture Ministry. The exhibition portrays the evolution of Indian civilization. It provides insights into two million years of history. This exhibition is a part of commemoration of 70 years of India’s independence and a year of major cultural exchange between India and the UK (UK/India 2017). A special postal cover was introduced by the Department of Post. It was launched by L.N. Sharma, Chief Postmaster General (Delhi Circle).
  2. On 6th May 2018, a ‘Cochlear Implant Awareness Programme’ was held at Huda Convention Centre in _____?
    1.Hyderabad
    2.Secunderabad
    3.Faridabad
    4.Mumbai
    5.None of these
    Answer & Explanation
    Answer – 3.Faridabad
    Explanation:
    The Cochlear Implant Awareness Programme was organized by the Department of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social Justice and Empowerment along with Indian Red Cross Society and Sarvodaya Hospital & Research Centre. Krishan Pal Gurjar, Minister of State for Social Justice & Empowerment was the Chief Guest of the programme. The Swar Swagtam event plays a major role in creating awareness among the public about the Cochlear Implant Programme under ADIP Scheme of the Department. Cochlear Implant is an advanced technology to help children with severe deafness in both ears. But it was costly and unaffordable for common people.
  3. Union Minister for Petroleum and Natural Gas and Skill Development & Entrepreneurship Dharmednra Pradhan said that, LPG penetration has reached 58.55 % by 1st May 2018, in Which state?
    1.Tamil Nadu
    2.Maharashtra
    3.Madhya Pradesh
    4.Odisha
    5.None of these
    Answer & Explanation
    Answer – 4.Odisha
    Explanation:
    LPG Penetration in Odisha was at 20% in June 2014. The government has fixed a target of providing gas connections to 80 lac household by the end of December 2018. Dharmednra Pradhan said that, 24.23 lac connections have been provided under Prime Minister Ujjwala Yojna. He spoke at the Pradhan Mantri LPG Panchayat conducted at Mangalajodi in Tangi Block of Khorda district of Odisha as part of the Gram Swaraj Abhiyan Pradhan. He added that, at present 4 bottling plants are present in Odisha. Three new bottling plants are planned to be set up in Khorda, Bolangir and Rayagada districts of Odisha. LPG Panchayats are conducted to promote learning through peer group interaction – Kuch Seekhein, Kuch Sikhayei.
  4. On 5th May 2018, Aajeevika and Kaushal Vikas Melas were held in various parts of India as part of ___?
    1.Gram Swaraj Abhiyan
    2.Gram Sadak Yojana
    3.Pradhan Mantri Jan Dhan Yojana
    4.Pradhan Mantri Jeevan Jyoti Bima Yojana
    5.None of these
    Answer & Explanation
    Answer – 1.Gram Swaraj Abhiyan
    Explanation:
    Rural Development Minister Narendra Singh Tomar, addressed the gathering at the main event held at Ranchi, Jharkhand. Narendra Singh Tomar, and his Ministry is working on over 41.2 lakh self-help groups in association with state governments all over India. Nearly 4.86 crore women are engaged in this work.
  5. On May 6 2018, With the help of which bank’s assistance NITI Aayog confirmed that there was no cheating of funds occurred in the Centre’s Ayushman Bharat National Health Protection Mission (AB-NHPM)?
    1.Asian Development Bank
    2.World Bank
    3.Axis Bank
    4.State Bank of India
    5.None of these
    Answer & Explanation
    Answer – 2.World Bank
    Explanation:
    According to a source in the NITI Aayog by May 15, the World Bank will submit a report on how other countries where such health insurance mechanism is in right place and ensures that there is no fraud or corruption under the scheme. AB-NHPM chief executive officer Indu Bhushansaid about the acceptance of World Bank’s suggestions, with relevance to Indian context to ensure there is no misuse and fraud under the Ayushman Bharat National Health Protection Mission (AB-NHPM) which will provide coverage of Rs5 lakh to Rs10 crore poorest families of the country. Besides, the health ministry has also proposed that insurance companies will have to mandatorily refund excess premium if the claim ratio turns out to be less than 85% under the scheme to ensure that insurance agencies do not have windfall gain which aims at supporting the poor on health treatment.
  6. Ministry of Skill Development and Entrepreneurship (MSDE) organized a Kaushal and Rojgar Mela at New Women’s College in Khordha, ____?
    1.Bhubaneswar, Odisha
    2.Patna, Bihar
    3.Dispur, Assam
    4.Kochi, Kerala
    5.None of these
    Answer & Explanation
    Answer – 1.Bhubaneswar, Odisha
    Explanation:
    MSDE organized a Kaushal and Rojgar Mela at New Women’s College in Khordha, Bhubaneswar where more than 5000 participated. Nearly 3000 candidates registered for the Rojgar Mela (Placement Drive), under which 1000+ candidates has been shortlisted by 41 leading corporates such as Eureka Forbes, Flipkart, Ola, Reliance Digital, VLCC, V Mart, Shahi Exports, Talwalkars, Lakme among others. More than 29 state of art multi-skill ‘Pradhan Mantri Kaushal Kendras’ were launched digitally across the country. Minister handed over Mudra loan acceptance letters to the youth participating at the event and gave certificates to 10 successful candidates trained under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) at the event.
  7. Justice C.K Prasad, Press Council of India Chairman mentioned RWB’s annual report has “lack of clarity”. As per the Press Freedom Index released by Reporters Without Borders’ (RWB) on April 25, India secured ___ rank in 2018?
    1.133
    2.135
    3.148
    4.138
    5.None of these
    Answer & Explanation
    Answer – 4.138
    Explanation:
    The parameters include the level of pluralism, media independence, environment and self-censorship, legal framework, transparency, and the quality of the infrastructure that supports the production of news and information. Mr. Prasad said the PCI had written to the RWB a number of times since 2015 to understand how the index was prepared, but hadn’t received any reply. “If the ranking is on the basis of statistical data, the council requests you to share it with us, so as to enable us to take remedial measures as it deems proper.
  8. On 4th May 2018, India and which country agreed on cooperation on exchange of information and other aspects to tackle smuggling of drugs in both the countries?
    1.Sri Lanka
    2.China
    3.Pakistan
    4.Nepal
    5.None of these
    Answer & Explanation
    Answer – 1.Sri Lanka
    Explanation:
    Decision regarding this was taken at the third bilateral meeting between delegations from India’s Narcotics Control Bureau (NCB) and Sri Lanka’s Police Narcotics Bureau (PNB) on narcotics, drugs and psychotropic substances and related matters, that started on 4th May in New Delhi. Both the countries discussed on the latest trends in narcotics smuggling in the India-Sri Lankan region, intelligence, and assistance in tracing those involved in drug smuggling in India and Sri Lanka. The Indian delegation was led by NCB Director General Abhay. The Sri Lankan delegation was led by PNB Deputy Inspector General Sajeewa Medawatte. Indian delegation consists of NCB officials, Tamil Nadu Police, Coast Guard and the Ministries of Home Affairs and External Affairs.
  9. ____’s economy has emerged as the world’s fifth largest, as per new federal data revealed on 4th May 2018?
    1.California
    2.China
    3.England
    4.Japan
    5.None of these
    Answer & Explanation
    Answer – 1.California
    Explanation:
    California’s economy has surpassed the economy of United Kingdom. California’s gross domestic product increased by $127 billion from 2016 to 2017. California’s economy is concentrated in coastal regions around San Francisco, San Jose, Los Angeles and San Diego. California’s economy is now only behind the economy of the United States, China, Japan and Germany.
  10. Reserve Bank of India has directed banks authorised to deal in foreign exchange (Authorised Dealer-I Banks) to share data with the DRI. What does “D” represent in DRI?
    1.Department
    2.Directorate
    3.Defence
    4.Document
    5.None of these
    Answer & Explanation
    Answer – 2.Directorate
    Explanation:
    DRI = Directorate of Revenue Intelligence
    This decision has been made in line with the government making rules (in December 2017) to exercise powers conferred by the relevant sections of the Customs Act. This requires a banking company to furnish, electronically, information relating to foreign exchange transactions made or received by any person to the receiving authority (DRI). DRI is the top intelligence and investigative agency for issues related to violation of the Customs Act. As per new rules, in case of inward remittances, the agency can seek information relating to a remittee’s name, address, permanent account number (PAN), Goods and Service Tax Identification Number (GSTIN), Aadhaar number, bank account number and Indian Financial System Code (IFSC), remitter’s details like name, address, and SWIFT-BIC (Society for Worldwide Interbank Financial Telecommunication – Bank Identifier Code).
  11. On 4th May 2018, Reserve Bank of India (RBI) announced that, it will buy ___ of government bonds through open market operation (OMO)?
    1.Rs 10,000 crore
    2.Rs 20,000 crore
    3.Rs 30,000 crore
    4.Rs 40,000 crore
    5.None of these
    Answer & Explanation
    Answer – 1.Rs 10,000 crore
    Explanation:
    RBI made this decision after failing to sell all the debt it had offered to bidders. It was the third consecutive week when the RBI couldn’t sell everything on offer which lead to a spike in bond yields. RBI said that, the decision is based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward. This will infuse more liquidity into the system against the backdrop of persistently high bond yields. The 10-year government bond yield increased to 7.75 percent from 7.74 percent before the auction result was announced. It had ended at 7.73 percent on 3rd May 2018.
  12. Bank deposit growth fell to a five-decade low in fiscal year ended March 2018. The data showed that cumulative deposits in the banking system grew ____ in 2017-18, the lowest since fiscal 1963.
    1.6.7%
    2.7.3%
    3.7.5%
    4.7.7%
    5.None of these
    Answer & Explanation
    Answer – 1.6.7%
    Explanation:
    A total deposit of ₹114 lakh crore was reported in the last fiscal .The data showed that cumulative deposits in the banking system grew a mere 6.7% in 2017-18, the lowest since fiscal 1963. During November-December 2016, banks received Rs 15.28 lakh crore as people deposited highdenomination currency notes that were withdrawn from circulation. As a result, aggregate deposits in the fiscal ended March 2017 grew 15.8% to Rs 108 lakh crore. This pace of growth has now come down by 6.7% with deposits aggregating Rs 114 lakh crore. Total mutual fund assets under management have increased 22% to Rs 21.36 lakh crore in March 2018 from Rs 17.55 lakh crore in March 2017.
  13. Name the new snake species that has been discovered in the Anaikatty hills, Coimbatore, Tamil Nadu?
    1.Elyptis bhupathyi
    2.Uropeltis bhupathyi
    3.Sepantis bhupathyi
    4.Fibriolis bhupathyi
    5.None of these
    Answer & Explanation
    Answer – 2.Uropeltis bhupathyi
    Explanation:
    The new species has been named Uropeltis bhupathyi after the late herpetologist S. Bhupathy, for his contributions to the field. It is only 40 cm in length. It is brown in colour. It belongs to a family of snakes found only in India and Sri Lanka. They are non-venomous, burrowing, mostly earthworm-eating. They are called shieldtails because of their large, flat tips of their tails. A study regarding this discovery has been published in Zootaxa.
  14. What is Saina Nehwal’s rank in women’s ranking as per the latest rankings released by the Badminton World Federation (BWF) in New Delhi on 3rd May 2018?
    1.10
    2.13
    3.14
    4.5
    5.None of these
    Answer & Explanation
    Answer – 1.10
    Explanation:
    Shuttler Kidambi Srikanth has reached the third spot with 74,135 points in Men’s section. HS Pronnoy has become second Indian player to enter top 10 after Kidambi Srikanth. HS Pronnoy is in world number 8 position with 57,000 points. Viktor Axelsen of Denmark has obtained the top rank with 77,570 points. Saina Nehwal is in World No 10 position in women’s ranking with 55,890 points. PV Sindhu remains at World No 3 with 78,824 points. The highest ranked Indian pair in men’s doubles are Satwik Rankireddy and Chirag Shetty at World No 18. Ashwini Ponnappa and N Sikki Reddy are in 26th position in women’s doubles. Pranaav Chopra and Sikki Reddy are in 23rd spot in mixed doubles rankings.
  15. Arun Date, who died on 6th May 2018, in Mumbai was a ___ singer?
    1.Bengali
    2.Hindi
    3.Marathi
    4.Punjabi
    5.None of these
    Answer & Explanation
    Answer – 3.Marathi
    Explanation:
    On May 6 2018 ,Veteran Marathi singer Arun Date, known for his popular song “Shukratara”, has died in Mumbai.Date, famous for non-film ‘bhavgeet’ (lyrical poetry) songs, had crooned numbers like “Shukratara” and “Ya Janmavar”, which became very popular among people. He was the first recipient of the state government’s ‘Gajananrav Vatave Puraskar’.
  16. When was the International No Diet Day (INDD) observed all over the world?
    1.May 6
    2.May 5
    3.May 4
    4.May 3
    5.None of these
    Answer & Explanation
    Answer – 1.May 6
    Explanation:
    International No Diet Day (INDD) is a celebration of body acceptance, fat acceptance and body shape diversity. It is observed every year on 6th May 2018. Its symbol is a light blue ribbon. The first International No Diet Day was celebrated in 1992 in the UK. This day promotes a healthy life style. It focuses on health at any size and in creating awareness on dangers of dieting.

STATIC GK based on Current Affairs

  1. Name the President and headquarters of Badminton World Federation (BWF)?
    Answer
    President – Poul-Erik Høyer Larsen, Headquarters – Kuala Lumpur, Malaysia
  2. What is the tag line of Yes Bank?
    Answer
    Experience our Expertise
  3. Who is the Director General of Directorate of Revenue Intelligence (DRI) headquartered in New Delhi?
    Answer
    Debi Prasad Dash
  4. Where is Meenakshi Temple located?
    Answer
    Madurai, Tamil Nadu
  5. Who is the Director General of Narcotics Control Bureau (NCB) headquartered in New Delhi?
    Answer
    Abhay
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