Current Affairs Quiz

1.Armament Research and Development Establishment (ARDE) has recently successfully test-
fired Pinaka II multi barrel rocket launcher (MBRL) System. The Pinaka MBRL System has been
indigenously developed by?
1. CDAC-Pune
2. ARDE-Pune.
3. TRAI-Delhi
4. IRDAI-Hyderabad
5. None of these

Ans.ARDE-Pune.
Armament Research and Development Establishment (ARDE) in the last week of December
2015 successfully test-fired Pinaka II multi barrel rocket launcher (MBRL) System. The three-
day long user assisted trials were conducted at Pokhran in Rajasthan. The system proved its
mettle during Kargil war while neutralising the mountain peaks off the enemy. They are
developed at a very low cost vis-a-vis other such rocket systems in the world bestowed with
shoot and scoot capabilities. The Pinaka MBRL System has been indigenously developed by
the ARDE, Pune.

2.Which states became one of the very first states to officially join the UjwalDiscom Assurance
Yojana (UDAY) central governments financial restructuring programme for discoms, which
will offer the state a net benefit of approximately Rs 5,300 crore?
1. Uttar Pradesh
2. Kerala
3. Uttarakhand
4. Jharkhand
5. None of these

Ans. Jharkhand
Jharkhand became one of the very first states to officially join the UjwalDiscom Assurance
Yojana (UDAY) central governments financial restructuring programme for discoms, which
will offer the state a net benefit of approximately Rs 5,300 crore. The Memorandum of
Understanding (MoU) was signed between Union Ministry of Power, Jharkhand department.

3.The Union government and the World Bank have signed an agreement of how much amount
for a project named as Nai Manzil Scheme, for helping young people from minority
communities complete their education and improve their employment opportunities?
1. $60-million
2. $80-million
3. $50-million
4. $40-million
5. None of these

Ans. $50-million
The Union government and the World Bank signed a $50-million credit agreement for a project
aimed at helping young people from minority communities complete their education and
improve their employment opportunities named NaiManzil Scheme.

4.Union Cabinet has given its nod for Civil Nuclear Cooperation deal with which country?
1. Japan
2. Russia
3. Australia
4. China
5. None of these.

Ans. Australia
The Union Cabinet chaired by Prime Minister NarendraModi approved the India-Australia Civil
Nuclear Cooperation deal that came into force on November 13, 2015. The deal along with the
administrative arrangement for implementing the accord will bolster Indias energy security by
supporting the expansion of nuclear power in the country.

5.The Cabinet Committee on Economic Affairs (CCEA) has approved introduction of Amended
Technology Upgradation Fund Scheme (ATUFS) for technology upgradation in which of the
following sectors?
1. IT Sector
2. Automobile Sectors
3. Banking Sectors
4. Textiles industry
5. None of these.

Ans. Textiles industry

The Cabinet Committee on Economic Affairs (CCEA) has approved introduction of Amended
Technology Upgradation Fund Scheme (ATUFS) for technology upgradation of the textiles
industry. Decision in this regard was taken by CCEA meeting chaired by the Prime Minister
NarendraModi in New Delhi. The ATUFS replaces existing Revised Restructured Technology
Upgradation Fund Scheme (RR-TUFS) to give a boost to textile sector under Make in India
campaign.

6.Indias central bank has asked the lenders to open more brick and mortar branches in
villages with no banking facilities and with a population of more than __________?
1. 4000
2. 6000
3. 5000
4.2000
5. None of these

Ans. 5000
Indias central bank has asked the lenders to open more brick and mortar branches in villages
with no banking facilities and with a population of more than 5,000. The banking regulator has
asked banks to submit a roadmap on how many branches they will be opening by 31 March
2017.

7.Who has recently been appointed as the new CMD of defence PSU BEML Ltd?
1. D.K. Malhotra
2. D.K.Hota
3. K M Mani
4. Rajesh Roshan
5. None of these

Ans. D.K.Hota
The Public Enterprises Selection Board has recommended D.K.Hota to be the new CMD of
defence PSU BEML Ltd. He is currently Director (HR) of the Bengaluru-based BEML. He has
been on deputation at BEML from oil marketing major HPCL for the past two years.

8.Union Govt approves constitution of 69 bridges on Trilateral Highway in which country?

1. Myanmar
2. China
3. Japan
4. Nepal
5. None of these

Ans. Myanmar
The Union Cabinet has approved the construction of 69 Bridges including Approach Roads on
the Tamu-Kyigone-Kalewa (TKK) road section of the Trilateral Highway in Myanmar. Decision
in this regard was taken by Union Cabinet meeting chaired by Prime Minister NarendraModi in
New Delhi. These bridges will be constructed at a cost of Rs.371.58 crore and shall impart all
weather usability to the TKK road section.

9.Which company has bagged 'Export Quality Excellence' award for the 11th time in a row?
1. CRI Pumps
2. Exim Bank
3. ECGC
4. DICGC
5. None of these.

Ans. CRI Pumps

Pump manufacturing major CRI Pumps has bagged 'Export Quality Excellence' award for the
11th time in a row. The Joint Managing Director of CRI Pumps, G Selvaraj, received the EEPC
award given in recognition of the company's high quality and innovative pumping solutions
from the Governor of Karnataka, VajubhaiVala, at an award ceremony held in Bengaluru last
week.

10.Which of the following start-up has launched its brand Apna Ride for utility bike rentals,
targeted primarily at budget conscious bike enthusiasts?
1. Ola
2. Uber
3. Wicked Ride
4. BlaBlaCar
5. None of these.

Ans. Wicked Ride

Wicked Ride, a start-up founded in 2014 by Vivekananda H.R., Anil G and Varun Agni, has
launched its brand Apna Ride for utility bike rentals, targeted primarily at budget conscious
bike enthusiasts. The service would be initially available at Bengaluru, Mysore and Jaipur and
bookings can be done through www.apnaride.com.

11.Who has recently grabbed a silver medal in the 18th edition of the Asian Luge
Championship held in Nagano, Japan?
1. Rajesh Keshavan
2. Trilok Singh
3. ArvindPratap
4. Shiva Keshavan
5. None of these

Ans. Shiva Keshavan

Shiva Keshavan on 27 December 2015 grabbed a silver medal in the 18th edition of the Asian
Luge Championship held in Nagano, Japan. The first place was claimed by defending
champion HidenariKanayama of Japan. On the other hand, South Korea's Kim Dong-hyeon
grabbed the third place.

12.Which company has emerged as the countrys biggest company in terms of annual revenue
as per an annual list of 2015 Fortune 500 companies in India?
1. Indian Oil Corporation
2. State Bank of India
3. TCS
4. Wipro
5. None of these.

Ans. Indian Oil Corporation (IOC)

State-run Indian Oil Corporation (IOC) has emerged as the countrys biggest company in terms
of annual revenue as per an annual list of 2015 Fortune 500 companies in India. IOC topped
the list for consecutive sixth year with annual revenue of Rs. 4,51,911 crore. IOC was followed
by MukeshAmbani-led private sector Reliance Industries at the second place with a revenue of
Rs. 3,82,565 crore.
13.Who has recently won the Qatar Masters Open chess tournament, billed as the strongest
Open in history?
1. Mikhail Botvinnik
2. Magnus Carlsen
3. ViswanathanAnand
4. Vladimir Kramnik
5. None of these

Ans. Magnus Carlsen

World champion Magnus Carlsen of Norway won the Qatar Masters Open chess tournament,
billed as the strongest Open in history. The top seed had finished with seven points, the same
as Yu Yangyi of China, seeded 11th. He drew his 10th and final round encounter with former
World champion Vladimir Kramnik of Russia, while Yu defeated Wesley So of the United
States.

14.eASIA Award under Trade Facilitation category Given to which of the following?
1. India Post
2. The Drug Authentication and Verification Application (DAVA)
3. Railways
4. Exim Bank
5. None of these

Ans.The Drug Authentication and Verification Application

The Drug Authentication and Verification Application (DAVA) project of The Department of
Commerce has won the 2015 eASIA Award under Trade Facilitation category. The award was
announced by Asia Pacific Council for Trade Facilitation (APCTF) and Tehran based (Iran)
Electronic Business. The eASIA award is administered by AFACT which aims to development
and promotion of trade facilitation, electronic business policies and activities in the Asia
Pacific region.

15.Who has recently conferred with prestigious 2015 SangitaKalanidhi award?

1. Sanjay Barnwal
2. Sanjay Singh
3. KishorPrajapati
4. Sanjay Subrahmanyam
5. None of these

Ans. Sanjay Subrahmanyam

Foremost south Indian classical vocalists Sanjay Subrahmanyam has conferred with
prestigious 2015 SangitaKalanidhi award. The prestigious award was bestowed upon him by
renowned mathematician ManjulBhargava at 89th annual conference of the Madras Music
Academy in Chennai, Tamil Nadu.