Daily Current Affairs Quiz 26th August 2017

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1 A Reserve Bank of India appointed committee on Household Finance has suggested that banks link their home loan rates to the RBI's ______________
A SLP
B Repo rate
C Reserved repo rate
D Marginal Standing facility rate

Answer: Option [B]
Repo rate: the rate at which RBI lends to banks. So it is known as the benchmark interest rate. With the increase in repo rate, borrowing from RBI becomes more expensive.
2 Who of the following directed the Pentagon to extend indefinitely a ban on transgender individuals joining the military?
A Donald Trump
B Mike Pence
C Rex Tillerson
D James Mattis

Answer: Option [A]
3 The Parliamentary Standing Committee has recommended that the Environment Ministry (MoEFCC) should examine the impact of which type of crop regularly?
A Food Crops
B Genetically Modified
C Cash Crops
D Plantation Crops

Answer: Option [B]
According to the Parliamentary committee no genetically modified (GM) crop should be introduced in India unless the biosafety and socio- economic desirability is evaluated in a "transparent" process and an accountability regime is put in place.
4 Who is the chairman of the task force constituted by the Ministry of Commerce on Artificial Intelligence (AI)?
A V. Kamakoti
B Gaurav Trivedi
C Jatindra Kumar Deka
D K. Veluthambi

Answer: Option [A]
Commerce and Industry Minister Nirmala Sitharaman has constituted a Task Force chaired by V. Kamakoti of IIT Madras to explore possibilities to leverage Artificial Intelligence (AI) for development across various fields.
5 Who of the following became the first to be named Men's Player of the Year for Three Times?
A Cristiano Ronaldo
B Lionel Messi
C Luis Suarez
D Neymar

Answer: Option [A]
Real Madrid forward Cristiano Ronaldo has won the UEFA Men's Player of the Year award for the 2016/17 season. He received the award at the 2017/18 UEFA Champions League group stage draw in Monaco.
6 DHFL Pramerica Life Insurance Company has signed on which bank as its bancassurance partner?
A IDBI Bank
B Bandhan Bank
C Dhanlaxmi Bank
D Andhra Bank

Answer: Option [C]
DHFL Pramerica Life Insurance Company has signed on Kerala-based Dhanlaxmi Bank as its bancassurance partner, under which the latter will distribute retail and group life insurance products to its customers across 260 branches in India.
7 Which state government has begun e-waste disposal in it’s state schools?
A Assam
B Bihar
C Kerala
D Chhattisgarh

Answer: Option [C]
E-waste removal from Kerala schools has begun with about 12,500 kg being disposed statewide on a single day under a programme aiming to clear accumulated junk, reportedly estimated at over one crore kg.
8 Which country will allow gender neutral passport to promote equality?
A Netherlands
B Ireland
C Italy
D Canada

Answer: Option [D]
9 Trade Minister of which country to lead Business Week in India?
A Pakistan
B China
C Australia
D Mauritius

Answer: Option [C]
With the focus on strengthening collaboration between Australia and India in agri-business and food, higher education and research and smart cities and infrastructure, Australia’s Minister for Trade, Tourism and Investment Steven Ciobo will lead a major mission to the country.
10 Who of the following has penned a book titled ‘I Do What I Do: On Reform, Rhetoric and Resolve’?
A Raghuram Rajan
B Amartya Sen
C Kapil Sibal
D Kailash Satyarthi

Answer: Option [A]
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