April Current Affairs Updates. Important Current Affairs Questions – 9th April 2019. GK & Current Affairs Quiz/ Questions April 2019. GK & Current Affairs Quiz. Welcome to the www.letsstudytogether.co online Current Affairs section. If you are preparing for LIC AAO, SBI PO/Clerk,IBPS PO/Clerk, Canara Bank PO, banking & Insurance, SSC, Railways and other competitive exams, you will come across a section on the Current Affairs. Here we are providing you “GK & Current Affairs Quiz” in PDF format based on the current events for your daily practice.
This “Important Current Affairs Questions – April 2019″ is also important for other banking exams such as LIC AAO, IBPS PO, IBPS Clerk, SBI PO/Clerk, IBPS RRB Officer, IBPS RRB Office Assistant, IBPS SO, SBI SO, SSC , Railways and other competitive exams.
1. Personnel from the US and __________ have taken part in F-16 aviation training during multilateral exercise African Lion 2019. A. India
B. South Africa
C. Zimbabwe
D. Morocco
E. None of these
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Correct Answer –D. Morocco
Explanation: The annual exercise involves various types of training. It includes command, maneuvering, peace-keeping and aerial refueling.
2.‘Asian Development Outlook 2019: Strengthening Disaster Resilience’ has been recently released by _________.
A. World Bank
B. WEF
C. IMF
D. ADB
E. None of these
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Correct Answer –D. ADB
Explanation: According to the report, developing economies across Asia are among the most dynamic. The economic damage from tropical cyclones, is likely to be doubled or trebled by 2100.
3. SEBI has recently approved an ‘Airport’ specific fund. It can raise a capital of up to ____________. A. Rs 5000 crore
B. Rs 10,000 crore
C. Rs 20,000 crore
D. Rs 30,000 crore
E. None of these
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Correct Answer – B. Rs 10,000 crore
Explanation: It can raise a capital of up to Rs 10,000 crore. ‘Taking Off To The Future Investment Management LLP’ is the sponsor & the investment manager of the fund.
4.Amazon India has recently joined hands with which crowdfunding company to help its sellers raise funding for business expansion?
A. Ketto
B. Blue Ventures
C. Zoho
D. Swiggy
E. None of these
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Correct Answer – A. Ketto
Explanation: As a part of the programme called Amazon Wings, Amazon will solicit interest from sellers to apply to Ketto for participation. In order to motivate the vendors, the company also began a rating-based commission system for fashion vendors.
5. BIS has signed an MoU with ________, in order to make the process of standardization more effective.
A. IIT-Bombay
B. IIT-Delhi
C. IIT-Kharagpur
D. IIT-Goa
E. None of these
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Correct Answer – B. IIT-Delhi
Explanation: According to the MoU, IIT Delhi would provide infrastructure support for research and development (R&D) projects. The mou will remain in force for a period of 5 years and can be extended further.
6.___________ has announced the launch of Chat Banking services for customers via WhatsApp which marks a global first in the Islamic banking sector.
A. Emirates Islamic
B. HDFC Bank
C. Askari Bank
D. UBL Islamic Banking
E. None of these
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Correct Answer – A. Emirates Islamic
Explanation: In a seamless and hassle-free manner, the bank’s customers will now able to conduct daily banking activities through WhatsApp. All messages on Emirates Islamic’s verified WhatsApp Business account are encrypted.
7.NTPC has inked a term-loan agreement with _________ to raise ₹2,000 crore, which would be used to part finance its capital expenditure.
A. HDFC Bank
B. Dena Bank
C. Bank of Baroda
D. Canara Bank
E. None of these
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Correct Answer – D. Canara Bank
Explanation: The loan has a door to door tenure of 15 years. It would be utilised to part finance the capital expenditure.
8.India has evacuated its entire contingent of peacekeeping forces from ________ recently.
A. South Africa
B. Libya
C. Morocco
D. Senegal
E. None of these
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Correct Answer – B. Libya
Explanation: Since the 2011 uprising that killed long-ruling dictator Moammar Gadhafi, Libya has been gripped by unrest. Union Minister Sushma Swaraj said an entire contingent of CRPF personnel were evacuated from the region as the situation in has worsened.
9.RBI, has decided that the limits for Ways & Means Advances(WMA) for the first half of the financial year 2019-20 will be _________.
A. Rs 23000 crore
B. Rs 45000 crore
C. Rs 67000 crore
D. Rs 75000 crore
E. None of these
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Correct Answer –D. Rs 75000 crore
Explanation: In consultation with the Government of India, Reserve Bank retains the flexibility to revise the limit at any time, taking into consideration the prevailing circumstances.
10. RNAM has recently partnered with _______ to enable its customers to carry out voice-based financial transactions.
A. Facebook
B. Google
C. Instagram
D. Whatsapp
E. None of these
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Correct Answer – B. Google
Explanation: RNAM (Reliance Nippon Life Asset Management) is a joint venture between Reliance Capital & Japan’s Nippon Life Insurance Co Ltd.
11.Kerala Infrastructure Investment Fund Board has raised Rs ________ through its debut masala bond issue.
A. 1267 crore
B. 1672 crore
C. 2011 crore
D. 2150 crore
E. None of these
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Correct Answer – D. 2150 crore
Explanation: The transaction saw strong participation from a wide spectrum of investors. The masala bond market till date had seen issuance only from large Indian companies.
12. _______will issue guidelines for fintech companies to test their new products on a small group of users before scaling up.
A. SEBI
B. RBI
C. Finance Ministry
D. NITI Aayog
E. None of these
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Correct Answer – B. RBI
Explanation: The “regulatory sandbox” would help fintech companies launch innovative products, according to RBI Governor Shaktikanta Das, in less time. He also stressed on the need for a regulatory and supervisory framework for fintech firms.
13. _______ has given a loan of USD 83.11 million to Congo to finance the solar power projects.
A. RBI
B. ADB
C. EXIM Bank
D. World Bank
E. None of these
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Correct Answer – C. EXIM Bank
Explanation: The loan would be utilised for financing 3 solar photovoltaic power projects. With this line of credit, Exim Bank has now put in place 244 LOCs ( Lines of Credit ) covering 63 countries.
14. RBI has turned down which bank’s proposal to change its name?
A. SBI
B. ICICI Bank
C. IDBI Bank
D. Bank of Baroda
E. None of these
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Correct Answer – C. IDBI Bank
Explanation: Following the transfer of controlling 51% stake to LIC from the GOI, RBI has turned down IDBI’s proposal to change its name. Last month, the board of IDBI Bank had sought approval for change in the name to either LIC IDBI Bank or LIC Bank.
15.Which among the following banks has got RBI’s in-principle approval for acquisition of 9.9% stake in Bandhan Bank?
A. SBI
B. Bank of Baroda
C. HDFC
D. ICICI Bank
E. None of these
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Correct Answer – C. HDFC
Explanation: It is worth mentioning that HDFC had sought approval for 14.96 percent. It is notable that HDFC agreed to merge Gruh Finance with microlender-turned-universal bank in a share-swap deal.