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Current Affairs Quiz : February 26 2017

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  1. Which country will host the 13th edition of the Economic Cooperation Organization (ECO) Summit?
    Answer & Explanation
    Answer – C.Pakistan
    Explanation :
    The 13th edition of the Economic Cooperation Organisation (ECO) summit, an inter-governmental regional grouping of
    10 countries to be held in Islamabad on March 1, will focus on regional connectivity. The forum would help in deciding ways to increase cooperation in areas such as trade, energy, tourism, economic growth and productivity. The ECO Vision 2025 is expected to be formulated and adopted during the summit. It is aimed at reviewing the ECO’s state of affairs, in the light of changing global and regional circumstances. The ECO was formed in 1985 by Pakistan, Iran and Turkey. It now also includes Kazakhstan, Kyrgyzstan, Azerbaijan, Tajikistan, Afghanistan, Uzbekistan and Turkmenistan. The $46 billion China-Pakistan Economic Corridor would help boost the transit and energy corridors in the ECO region.

  2. What is the name of the medical project launched by the Rajasthan government on February 25, 2017 to provide medical treatment for heart patients in rural area?
    Answer & Explanation
    Answer – A.RAHAT
    Explanation :
    Rajasthan Chief Minister Vasundhara Raje  inaugurated a medical project Rajasthan Heart Attack Treatment programme (RAHAT) on February 25, 2017 at the Eternal Heart Care Center Hospital in Jaipur. Raje also flagged off an ambulance fitted with equipment and trained paramedical staff required for treatment of heart disease. RAHAT programme aims to provide people in remote and rural areas with timely treatment during heart attacks. It has been launched by the private hospitals in the state. Under the programme, the patients facing heart attack would be provided with emergency ambulance service and telemedicine service through Eternal Heart Care Centre Hospital.

  3. Which Indian city has been ranked as the richest city of the country by New World Wealth report on February 21, 2017?
    A.New Delhi
    Answer & Explanation
    Answer – B.Mumbai
    Explanation :
    According to the New World Wealth report released on February 21, 2017, Mumbai, the financial capital of India has been named as the Richest Indian city with a total wealth of $ 820 billion. The South Africa-based market research group, New World Wealth has reported that Mumbai is home to 46,000 millionaires and 28 billionaires. Mumbai is followed by Delhi at second place with a total wealth of $ 450 billion and having 23,000 millionaires and 18 billionaires. Besides, Bengaluru stands at third place with a total wealth of $ 320 billion and houses 7,700 millionaires and 8 billionaires.

  4. According to the economic think tank NCAER, India’s growth forecast for 2016-17 has been lowered to ______ percent compared to previous estimate of 7.6 percent.
    A.6.1 percent
    B.7.3 percent
    C.6.9 percent
    D.7 percent
    Answer & Explanation
    Answer – C.6.9 percent
    Explanation :
    An economic think-tank, National Council of Applied Economic Research (NCAER) has lowered India’s GDP growth to 6.9 percent for the fiscal 2016-17 compared to previous estimation of 7.6 percent. The decline in the growth forecast is based on the demonetization effect. According to NCAER, the growth rate would rebound to 7.3 percent for 2017-18. Besides, it also predicted the Gross Value Added (GVA) at basic price would grow at 6.3 percent in 2016-17 and 7 percent in 2017-18.

  5. Which ministry has formulated the National Transit Oriented Development Policy to address the challenges of urbanization?
    A.Ministry of Housing and Urban Poverty Alleviation
    B.Ministry of Road Transport and Highways
    C.Ministry of Urban Development
    D.Ministry of Commerce and Industry
    Answer & Explanation
    Answer – C.Ministry of Urban Development
    Explanation :
    The Centre has formulated the infrastructure policy to promote living close to mass public transport corridors like metro, monorail and bus rapid transit (BRT) on February 26, 2017. Aim: To addressing the challenges of urbanisation. The new Policy seeks to promote Transit-Oriented Development (TOD). The Ministry of Urban Development is also incentivising the TOD under new Metro Policy and Green Urban Mobility Scheme that seeks to create non-motorised transport infrastructure in cities like footpaths and cycle-tracks.

  6. As per Moody, which country has been estimated to be the fastest growing economy among G-20 countries in 2017?
    C.South Africa
    Answer & Explanation
    Answer – B.India
    Explanation :
    Moody’s Investors Service report released on February 23, 2017 states that despite the currency demonetisation drive by Government of India, the country will continue to be the fastest growing economy among G-20 countries in 2017. As per the report titled ‘Modest Acceleration in the Global Economy, but Shifting US Policies Inject Uncertainty’, India is expected to have the fastest-growing economy among all G-20 countries with growth rate at 7.1% for 2017, though lower as compared to previous expectation of 7.5%. With respect to the global growth, G-20 countries are expected to have a growth rate of 3 percent in 2017 and 2018 from 2.6 percent in 2016.

  7. The SoftBank Group Corp and Foxconn on February 24, 2017 has formed a Joint Venture worth about USD _______billion to enhance bilateral ties.
    A.USD 2.1 billion
    B.USD 1.9 billion
    C.USD 2.9 billion
    D.USD 1.2 billion
    Answer & Explanation
    Answer – D. USD 1.2 billion
    Explanation :
    Japan’s SoftBank Group Corp (SBG) on February 24, 2017 entered into a definitive agreement with Foxconn Technology Group (Foxconn) of Taiwan to establish a joint venture through Softbank Group Capital Apac Pte Ltd at an estimated cost of $1.2 billion. Softbank Group Capital Apac Pte Ltd is a wholly owned subsidiary of SBG. The deal is expected to take effect on March 1. Under the agreement, Foxconn would buy 54.5% stake in SoftBank Group Capital Apac Pte Ltd for $600 million while the remaining would be controlled by SBG.

  8. According to the Department of Industrial Policy and Promotion (DIPP) data, the Foreign Direct Investment (FDI) in India grew ________ percent during 2016 to attract USD 46 billion.
    A.18 percent
    B.20 percent
    C.25 percent
    D.15 percent
    Answer & Explanation
    Answer – A.18 percent
    Explanation :
    According to the data by the Department of Industrial Policy and Promotion (DIPP), the Foreign Direct Investment (FDI) in India grew 18 percent during 2016 to attract $46 billion as compared to $39.32 billion in 2015. The main sectors which attracted the maximum foreign inflows include services, telecom, trading, computer hardware and software and automobile. Besides, the major FDI contributing countries were Singapore, Mauritius, the Netherlands and Japan.

  9. Which food technology start-up has partnered with online ride firm Ola Cab on February 24, 2017 to offer food to riders at discounted rate?
    Answer & Explanation
    Answer – C.Gorb
    Explanation :
    Food technology start-up Gorb has partnered with online cab aggregator Ola on February 24, 2017 to offer food to consumers at discounted rates in Mumbai. Under the deal, with every booking of Ola cab, the rider will receive a code via SMS and mail which can be availed on the Gorb app or website to order food at discounted rate. The offer will be valid till April 30. Under it a discount of Rs 100 would be provided on a minimum order value of Rs 200. The aim of the partnership is to make available the meals at affordable prices to consumers in Mumbai.

  10. Which Indian technology firm has been ranked among the global top three most valuable brands of 2017 in the information technology (IT) service sector by Brand Finance?
    A.Wipro Limited
    B.Tata Consultancy Services (TCS)
    C.HCL Technologies Limited
    D.Satyam Computers services Limited
    Answer & Explanation
    Answer – B. Tata Consultancy Services (TCS)Explanation :
    India’s largest softwae services firm Tata Consultancy Services (TCS) has been rated as one of the top three most-valuable brands in the information technology (IT) service sector by Brand Finance, the leading global brand valuation firm. Howevr, the overall global position of the company dropped down by one spot to 25th from 2016 when it was 24. TCS was also rated as Tata Sons highest brand strength of AA+ and generates 69 percent of the total revenue of the parent company.

  11. Who has been conferred the first prize of the 2017 Vishakha Awards on February 26, 2017?
    A.Dr Yogini Satarkar Pande
    B.Mohan Kumbhar
    C.Vishnu Thore
    D.Dr. Sarman Singh
    Answer & Explanation
    Answer – A.Dr Yogini Satarkar Pande 
    Explanation :
    Three poets from Maharashtra have been conferred with the Vishakha Awards on February 26, 2017 at the Kalidas Kalamandir Hall in Maharashtra during the occasion of Marathi Bhasha Gaurav Din. The first prize of Rs 21,000 was given to Dr Yogini Satarkar-Pande from Nanded for her book ‘Janivanche Hirve Komb’. The second prize of Rs 15,000 was given to Mohan Kumbhar from Sindhudurg for his book ‘Jagnyache Gatha’. The third prize of Rs 10,000 was given to Vishnu Thore of Nashik for his book ‘Dhulpera Usvata’. The award also has a memento and a certificate of honour.

  12. Who has won the New Delhi Full Marathon in Men’s category on February 26, 2017?
    A.Dinesh Kumar Bind
    B.Thanackal Gopi
    C.Bahadur Singh Dhoni
    D.T H Sanjith
    Answer & Explanation
    Answer – B.Thanackal Gopi 
    Explanation :
    Rio Olympian Thanackal Gopi won the Men’s Full Marathon title in the second edition of the IDBI Federal Life Insurance New Delhi Marathon on February 26, 2017. He finished the marathon in 2:15:37. Bahadur Singh Dhoni clocked 2:16:09 to finish second while T H Sanjith was third by covering the 42.195 km distance in 2:17:20. All of them have also qualified for the World Athletics Championships to be held in London in August 2017.

  13. Which country has created Guinness World Record  by launching the world’s first robot table tennis tutor FORPHEUS to guide humans to better play the game?
    A.United States of America
    Answer & Explanation
    Answer – C.Japan
    Explanation :
    Japan has unveiled the world’s first robot table tennis tutor FORPHEUS (Future Omron Robotics Technology for Exploring Possibility of Harmonised aUtomation with Sinic Theoretics) which has the ability to play the game better than humans. It has been listed in the Guinness World Record for being the First robot table tennis tutor for its unique technological intelligence and educational capabilities. The robot has been developed by the team led by Taku Oya from Omron Corporation. The FORPHEUS aims to create a harmonious environment between humans and robots through teaching the game of table tennis to human players.

  14. Who has been appointed as the global ambassador for the American Cancer Society on February 26, 2017?
    A.Normani Kordei
    B.Richard C. Wender
    C.Gary M. Reedy
    D.Otis Webb Brawley
    Answer & Explanation
    Answer – A.Normani Kordei 
    Explanation :
    Fifth Harmony star from USA, Normani Kordei has been named a global ambassador for the American Cancer Society on February 26, 2017
    Aim : To raise awareness about breast cancer screenings and HPV (human papillomavirus) vaccines.

  15. Who has been appointed as the new Finance Advisor of Nagaland on February 25, 2017?
    A.Tokheho Yepthomi
    B.Kiyanilie Peseyie
    C.T R Zeliang
    D.Paiwang Konyak
    Answer & Explanation
    Answer – C.T R Zeliang 
    Explanation :
    Former Nagaland Chief Minister T R Zeliang was appointed as Finance Advisor to the Nagaland government in the rank of a cabinet minister by the Nagaland  governor P B Acharya on February 25, 2017. Zeliang has resigned from the chief ministership on February 19, 2017.He was replaced by Shurhozelie Liezietsu.

  16. Which institutes scientists have developed a physically unclonable functions (PUF) based on fingerprint generator circuits to protect Internet of Things (IoT) infrastructure from being hacked?
    A.Indian Institute of Technology Madras
    B.Indian Institute of Technology Bombay
    C.Indian Institute of Technology Delhi
    D.Indian Institute Of Technology Kharagpur
    Answer & Explanation
    Answer – D.Indian Institute Of Technology Kharagpur
    Explanation :
    A team of researchers at the Indian Institute Of Technology, Kharagpur (IIT Kgp) have designed ‘Physically Unclonable Functions’ (PUF) based on fingerprint generator circuits to protect Internet of Things (IoT) infrastructure from being hacked. The PUF are light weight and require little power. They can be easily installed in any electronic device. The fingerprint generator circuits will enable the receiving device to read the command, verify the authenticity of the sender and then operate. It will help to uniquely identify each object and thus enable authenticating the commands sent to connected IoT devices

  17. Which Indian air carrier started the maiden flight of its fuel efficient Airbus A320 Neo aircraft on February 23, 2017?
    B.Air India
    C.Jet Airways
    Answer & Explanation
    Answer – B.Air India
    Explanation :
    Government owned airline firm Air India started the maiden flight of its newly leased aircraft, Airbus A320 Neo on February 23, 2017 which took off from Indira Gandhi International Airport, New Delhi to reach Chennai International Airport with 161 passengers on board. The latest fuel-efficient aircraft was leased by the national carrier from European aviation major Airbus on February 16, 2017. The A320 New Engine Option (Neo) aircraft consists of total 162 seats including 12 business class seats. The Airbus A320 Neo aircraft is fuel-efficient and highly environmental-friendly. It has reduced noise levels and emits 50 percent less carbon.

  18. Which Indian cricket player has broken the record of Kapil Dev to become the highest wicket taker in the home test season?
    A.Mohammed Shami
    B.Bhuvaneshwar Kumar
    C.Mohit Sharma
    D.Ravichandran Ashwin
    Answer & Explanation
    Answer – D.Ravichandran Ashwin 
    Explanation :
    Indian off-spinner Ravichandran Ashwin surpassed India’s former legendary allrounder Kapil Dev to become the highest wicket-taker in a home Test season. Ashwin has scored 67 wickets from 10 Tests in 2016-17 season played in India. Former Indian captain Kapil Dev took 63 wickets from 13 matches in the 1979-80 season. Ashwin achieved the feat when he dismissed Mitchell Starc of Australia in their first innings on the second day of the ongoing first Test against Australia in Pune at the Maharashtra Cricket Association Stadium on February 24, 2017.

  19. Which Indian sportsperson has been selected to represent the panel of International Olympic Committee’s Athletes’ Commission in the Badminton World Federation (BWF)?
    A.Saina Nehwal
    B.PV Sindhu
    C.Pullela Gopichand
    D.Jwala Gutta
    Answer & Explanation
    Answer – A.Saina Nehwal 
    Explanation :
    Indian Badminton ace Saina Nehwal has been named to represent the panel of International Olympic Committee’s Athletes’ Commission (AC) in the Badminton World Federation (BWF). She would join the BWF Athletes’ Commission as a representative of the IOC AC. Saina was appointed as a member of the IOC Athletes’ Commission soon after the Rio Olympics in 2016. The IOC Athletes’ Commission is chaired by Angela Ruggiero and it comprises nine vice presidents and 10 other members.

  20. Who has won the IDBI Federal Life Insurance New Delhi Marathon in women’s category on February 26, 2017?
    A.Ranjan Kumari
    B.Jyoti Gawate
    C.Reeta Bisht
    D.Monika Athare
    Answer & Explanation
    Answer – D.Monika Athare 
    Explanation :
    In Women’s category, Monika Athare from Nashik won the second edition of the IDBI Federal Life Insurance New Delhi Marathon on February 26, 2017 by completing the distance in 2:39:08 to bag her maiden title. She too has qualified for the World Championship.Besides, Jyoti Gawate finished second with a timing of 2:53:48 and Ranjan Kumari clocked 3:08:04 to finish third.

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