Daily GK & Current Affairs Quiz– 18th July 2019
Daily GK & Current Affairs Quiz– 18th July 2019

GK & Current Affairs Questions – July 2019

Today GK & Current Affairs Updates. Important Current Affairs Questions – 18th July 2019. GK & Current Affairs Today Questions June 2019. GK & Current Affairs today Quiz. Latest Current Affairs Questions for RRB NTPC 2019. Welcome to the Lets Study Together 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 July 2019″ in PDF format based on the current events for your daily practice.

This “Important Current Affairs Questions – July 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.

Daily Current Affairs Questions  – 18th July 2019

1. Internet Saathi initiative, sometimes seen in the news, will be expanded to villages in Punjab and _______.

A. Odisha
C. Kerala
D. Haryana
E. None of these

Spoiler title

Correct Answer – A. Odisha

Explanation: The programme will cover around 5,000 villages in Punjab. Internet Saathi programme is a digital literacy initiative of Google India and Tata Trusts. It was launched as a pilot project in Rajasthan in July 2015.

2. ________ has acquired a majority stake in India-based Ugam, a data and analytics company.

A. Dentsu Aegis Network
B. Quacquarelli Symonds
C. Euromonitor International
D. Argus Media
E. None of these

Show Correct Answers

Correct Answer – A. Dentsu Aegis Network

Explanation: Ugam offers services to both business and consumer-focused companies. It is worth noting that the Ugam started its operations 19 years ago.

3. The Union Cabinet recently cleared seven amendments to the Insolvency and Bankruptcy Code (IBC). Accordingly, the resolution process has to be completed within ______.

A. 180 days
B. 230 days
C. 270 days
D. 330 days
E. None of these

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Correct Answer – D. 330 days

Explanation: It is worth noting here that currently, the resolution plan for an insolvent company has to be cleared within 270 days. Another crucial amendment to the IBC approved mandates that the bankruptcy resolution is binding on the governments, to whom the insolvent company owes dues.

4. Lok Sabha recently passes the National Investigation Agency (Amendment) Bill, 2019. NIA was set up in _____.

A. 2007
B. 2009
C. 2015
D. 2018
E. None of these

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Correct Answer –  B. 2009

Explanation: NIA was set up in 2009 following the 26/11 Mumbai terror attacks. The Bill proposes the following amendments to the NIA bill of 2008:

• Special courts for NIA trials for the trial of scheduled offences

• Expansion of agency’s jurisdiction to investigate scheduled offences committed outside India

• Providing agency with more teeth to investigate cases related to:
– Human trafficking
– Counterfeit currency
– Manufacture or sale of prohibited arms
– Cyber-terrorism

5. Ebix Inc has acquired online travel portal Yatra Online Inc. for an enterprise value of _________ in an all-stock deal.

A. $239 million
B. $639 million
C. $108 million
D. $431 million
E. None of these

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Correct Answer – A. $239 million

Explanation: It is worth noting that Ebix makes software for the insurance, financial & healthcare industries. Each Yatra’s ordinary share will be entitled to receive 0.005 shares of a new class of preferred stock of Ebix.

6. Cabinet Committee on Economic Affairs has approved Rs 1600 crore expenditure on pre-investment activities and various clearances for Dibang Multipurpose Project in ________.

A. Arunachal Pradesh
C. Odisha
D. Haryana
E. None of these

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Correct Answer – A. Arunachal Pradesh

Explanation: The project is located on river Dibang. It envisages construction of a 278 m high concrete gravity dam.  On completion, Arunachal Pradesh will get 12% free power from the project. It will be the highest dam in India once completed.

7. The government extended the 15th Finance Commission’s term by a month till ________. 

A. October 30
B. September 20
C. November 30
D. December 31
E. None of these

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Correct Answer – C. November 30

Explanation: The ambit of its recommendations, has also been broadened, to include funds for defence and internal security. The commission was scheduled to finalise its report by October 30 this year.