Current Affairs for Exam Preparation 01

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Current Affairs for Exam Preparation 01

The Global Aviation Summit 2019 will take place on January 15-16, 2019 at ____________.

A. Mumbai

B. New Delhi

C. Kolkata

D. Chennai

Answer and Explanation

Answer: A

The Global Aviation Summit 2019 will take place on January 15-16, 2019 at Mumbai.

 

Who sets a limit for External Commercial Borrowings at 6.5% of GDP at current market prices?

A. Central Bank of India

B. SEBI

C. Reserve Bank of India

D. Ministry of Finance Answer: Option C Explanation:

The Reserve Bank of India, in consultation with the government, has decided to have a rule-based dynamic limit for outstanding stock of External Commercial Borrowings (ECB) at 6.5% of GDP at current market prices. As per the statement based on the GDP figures, the soft limit works out to $160 billion for the current financial year. The outstanding stock of ECBs as on September 30, 2018, stands at $126.29 billion.

 

India’s Forex Reserves declined by USD 613.9 million to USD 393.12 billion

India’s foreign exchange reserves declined in this week by USD 613.9 million reaching USD 393.12 billion. This decline has been attributed to the fall in foreign currency assets as per the Reserve Bank of India. The Forex reserves had increased by USD 16.6 million to reach USD 393.734 billion in the previous week.

 

___________ Govt. has launched the ‘Krushak Assistance for Livelihood and Income Augmentation’ (KALIA) scheme.

A. Odisha

B. Andhra Pradesh

C. Karnataka

D. Tamilnadu

Answer and Explanation

Answer: A

Odisha Govt. has launched the ‘Krushak Assistance for Livelihood and Income Augmentation’ (KALIA) scheme.

 

National Balrang-2018 was started in;

A. Bhopal

B. Patna

C. Jaipur

D. Ahmedabad

Answer: Option A Explanation:

To promote the artistic talent of the students, the National Balrang-2018 has started at the Indira Gandhi Rashtriya Manav Sangrahalya (IGRMS) in Bhopal on 19th of December. The 3-day cultural

festival is being organised by the School Education Department of Madhya Pradesh in collaboration with the IGRMS. Its purpose is to introduce children with various cultural diversities and traditional lifestyles so as to instill the spirit of social harmony, human values, and brotherhood. ‘Balrang’ is a unique programme that has been held in Bhopal since the past 23 years. As many as 520 students from various schools in 18 states and two union territories will present folk dances, songs and other cultural programmes.

 

India’s stock market overtakes Germany to become 7th largest in the world

India achieved another milestone when Indian Stock market overtakes Germany for the first time in seven years to become the world’s seventh largest stock market. This move reflects India’s positive returns this year as companies dependency on domestic demand enabled them to avoid meltdown in other emerging markets spurred due to U.S. – China trade war.

 

Who is the Governor of Telangana?

A. ESL Narasimhan

B. K Chandrashekhar Rao

C. C Chandra

D. K Shivam

Answer and Explanation

Answer: A

Telangana:- Capital: Hyderabad || Chief Minister: K.Chandrashekhar Rao || Governor: E.S.L. Narasimhan.

 

Which metro plans to launch mobile app to book a ride for travelling to areas around stations?

A. Mumbai Metro

B. Hyderabad Metro

C. Chennai Metro Rail Limited

D. Bengaluru Metro

Answer: Option C

Explanation:

Chennai Metro Rail Limited (CMRL) is to soon offer its commuters a facility to book a ride through its mobile app, for travelling to areas around stations. For this project, CMRL has tied up with a firm to

offer the service. The firm’s icon for this service will be created in the Chennai Metro Rail mobile app and when commuters touch the icon, it will direct them to the firm’s vehicle booking page and they can hire a car.

 

India successfully test-fires Agni-IV ballistic missile

India successfully test-fired its nuclear-capable long-range Inter Continental Ballistic Missile Agni-IV, with a strike range of 4,000 km. The test was part of a user trial by the Army. The strategic surface-to-surface missile was flight tested from the Integrated Test Range (ITR) at Dr Abdul Kalam Island off Odisha coast.

 

Where is the headquarter of NABCB?

A. Pune

B. Mumbai

C. New Delhi

D. Hyderabad

Answer and Explanation

Answer: C

The National Accreditation Board for Certification Bodies (NABCB) undertakes assessment of Certification and Inspection Bodies applying for accreditation as per the Board’s criteria in line with international standards and guidelines. The Board offers accreditation to the Certification bodies and Inspection Bodies. || Headquarters: New Delhi || Secretary-General: Dr. Ravi P. Singh.