Current Affairs February 26 Quiz 2016

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1. Government has appointed which of the following as chief justice of Karnataka High Court ?
   A.Navin Sinha
   B.Dinesh Maheshwari
   C.Shubhro Kamal Mukherjee
   D.Abhay Manohar Sapre
   
   Answer & Explanation

   Answer – C.Shubhro Kamal Mukherjee
   Explanation – Justice Subhro Kamal Mukherjee has sworn in as the 28th Chief Justice of the High Court of Karnataka. He will succeed Justice Vineet Saran.
   
   
2. EEPC (Engineering Export Promotion Council, Eastern Region)’s Gold Trophy for 2013-14 has been conferred upon which of the following ?
   A.HSCC
   B.NALCO
   C.BHEL
   D.HAL
   
   Answer & Explanation

   Answer – B.NALCO
   Explanation – EEPC (Engineering Export Promotion Council, Eastern Region)’s Gold Trophy for outstanding export performance during 2013-14 has been conferred upon National Aluminium Company Limited (NALCO).
   
   
3. Aryabhata Award of the Astronautical Society of India has been conferred upon which of the following ?
   A.K Bhaskar
   B.AR Upadhya
   C.Avinash Chander
   D.Kuldeep Singh
   
   Answer & Explanation

   Answer – C.Avinash Chander
   Explanation – Avinash Chander, former Scientific Adviser to Defence Minister and Director General of the DRDO, has been conferred with the Aryabhata Award of the Astronautical Society of India.
   
   
4. UK’s Green Bond Pioneer Awards for “Pioneers in Emerging Markets-India” has been conferred upon which of the following bank ?
   A.IDBI
   B.SBI
   C.Yes
   D.Axis
   
   Answer & Explanation

   Answer – C.Yes Bank
   Explanation – Mumbai headquartered Yes Bank has been awarded inaugural Green Bond Pioneer Award for “Pioneers in Emerging Markets-India” at a ceremony held in London, United Kingdom.
   
   
5. Centre has appointed which of the following as the Director General (DG) of Indian Coast Guard (ICG) ?
   A.Rahul Taneja
   B.Bimal Julka
   C.HCS Bisht
   D.Rajendra Singh
   
   Answer & Explanation

   Answer – D.Rajendra Singh
   Explanation – The government has appointed Rajendra Singh as the Director General (DG) of Coast Guard, the country’s coastal protection force. He is awardee of President’s Tatrakshak Medal (PTM).
   
   
6. In the recently published Forbes list of “30 under 30 Asia” has featured 56 Indians. Which of the following is not included under sports category ?
   A.Virat Kohli
   B.Suresh Raina
   C.Arunima Sinha
   D.Sania Mirza
   
   Answer & Explanation

   Answer – B.Suresh Raina
   Explanation – Tennis’s World no.1 Sania Mirza, batting linchpin Virat Kohli, badminton lead Saina Nehwal and Arunima Sinha who is the first female and first Indian amputee to climb Mt. Everest, listed their names in the Forbes “30 under 30 Asia”.
   
   
7. The Cabinet Committee on Economic Affairs has hiked Minimum Support Price (MSP) of raw jute per quintal to how much amount ?
   A.Rs 2800
   B.Rs 3500
   C.Rs 2700
   D.Rs 3200
   
   Answer & Explanation

   Answer – D.Rs 3200
   Explanation – The Cabinet Committee on Economic Affairs has hiked Minimum Support Price (MSP) of raw jute from 2,700 to 3,200 rupees per quintal. The hike has been done for the year 2016-17 to boost production.
   
   
8. Reserve Bank of India has included which of the following bank in the second schedule to the RBI Act ?
   A.Emirates NBD
   B.Emirates Islamic Bank
   C.National Bank of Abu Dhabi
   D.United Arab Bank
   
   Answer & Explanation

   Answer – C.National Bank of Abu Dhabi
   Explanation – The Reserve Bank has included National Bank of Abu Dhabi PJSC (NBAD) in the Second Schedule to the RBI Act. Currently, NBAD has a global presence in 17 countries and overseas territories, spanning five continents.
   
   
9. Which of the following mutual fund company has announced the launch of a 100% paperless, Aadhaar based eKYC (know your customer) facility ?
   A.BOI AXA Investment Managers
   B.L&T Investment Management Ltd
   C.JPMorgan Asset Management Company
   D.Birla Sun Life Asset Management Company
   
   Answer & Explanation

   Answer – D.Birla Sun Life Asset Management Company
   Explanation – Birla Sun Life Asset Management Company (BSLAMC) has announced the launch of a 100% paperless, Aadhaar based eKYC (know your customer) facility.First-time investors to mutual funds (MFs) can now complete their ‘eKYC’ formality using their Aadhaar number.
   
   
10. Recently, Reserve Bank of India (RBI) has cancelled the certificate of registration of how many NBFCs ?
    A.9
    B.26
    C.30
    D.14
    
    Answer & Explanation

    Answer – B.26
    Explanation – The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 26 non-banking financial companies (NBFCs) by exercising its power under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
    
    
11. In accordance with the information received from Office of Registrar General of India (RGI), sex ratio in India has has been upgraded to how much ?
    A.933
    B.945
    C.943
    D.938
    
    Answer & Explanation

    Answer – C.943
    Explanation – In accordance with the information received from Office of Registrar General of India (RGI), India has shown a mounting in sex ratio from 933 females in 2001 to 943 in 2011 for every 1,000 males.
    
    
12. Finance minister Arun Jaitley tabled the Macro-Economic Survey 2015-16 in Parliament. It was prepared by which of the following ?
    A.Dinesh Kumar Jain
    B.Snehlata Shrivastava
    C.Harsh Kumar Bhanwala
    D.Arvind Subramanian
    
    Answer & Explanation

    Answer – D.Arvind Subramanian
    Explanation – On 26th February 2016, Finance minister Arun Jaitley tabled the Macro-Economic Survey 2015-16 in Parliament. The economic survey was prepared by the Chief Economic Advisor Arvind Subramanian.
    
    
13. National Food Security Act (NFSA) 2013 has been officially launched in which of the following state ?
    A.Sikkim
    B.Mizoram
    C.Assam
    D.Manipur
    
    Answer & Explanation

    Answer – B.Mizoram
    Explanation – National Food Security Act (NFSA) 2013 was officially launched in Mizoram. The Act was launched by state Food civil Supplies and Consumer affairs Minister John Rotluangliana at Aizwal.
    
    
14. The Government of India has constituted a “Committee for Evolution of the New Education Policy”. It has been chaired by which of the following ?
    A.Sudhir Mankad
    B.Sevaram Sharma
    C.T.S.R. Subramanian
    D.Shailaja Chandra
    
    Answer & Explanation

    Answer – C.T.S.R. Subramanian
    Explanation – The Government of India has constituted a “Committee for Evolution of the New Education Policy “to examine the outcome documents, recommendations and suggestions received and formulate a draft National Education Policy as well as a Framework for Action (FFA) by the end of this month.
    
    
15. The Union Government has extended e-Tourist Visa Scheme to how many countries ?
    A.32
    B.39
    C.35
    D.37
    
    Answer & Explanation

    Answer – D.37
    Explanation – The Union Government has extended e-Tourist Visa Scheme to 37 more countries. With this, the total count of countries under the scheme will become 150.