AffairsCloud brings you the complete and important daily current affairs March 15 2018 Quiz to achieve more marks in Banking , Insurance, UPSC, SSC, CLAT , Railway  and all other competitive Exams. We have prepared the current affairs quiz from our current affairs today updates.

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  1. With which country India signed an MoU in the field of Traditional Systems of Medicine?
    1. Poland
    2. Holland
    3. Iraq
    4. Spain
    5. Iran
    Answer – 5.Iran
    Explanation :
    Union Cabinet chaired by Prime Minister Narendra Modi approved following bilateral agreements and initiatives. This MoU holds special significance as both, India and Iran share a common legacy of using herbal medicines. Moreover, India and Iran both have huge biodiversity offering rare medicinal plants which are frequently used in Traditional Systems of Medicine. India has already signed MoU for cooperation in Traditional Medicine with Malaysia, China, Trinidad & Tobago, Bangladesh, Hungary, Nepal, Mauritius and Mongolia.

  2. Which Indian Ministry has decided to set up an innovation cell lead by a scientist to develop new ideas to encourage innovation in India?
    1. Human Resources Development Ministry
    2. NITI Aayog
    3. Planning Commission
    4. Department of Land Resources
    5. Ministry of Rural Development
    Answer – 1. Human Resources Development Ministry
    Explanation :
    The HRD (Human Resources Development) ministry has decided to set up an innovation cell lead by a scientist to develop new ideas to encourage innovation in India. This decision was made at a high-level meeting held on 15th March 2018, in which the need to create innovation cell was discussed after India improved by 6 ranks in the Global Innovation Index Ranking. India was at 66th position in 2016. It improved to 60th rank in 2017 on the Global Innovation Index Ranking. Head of the Innovation cell will be a scientist. The cell will also have a senior official and young professionals who will come up with new ideas in encouraging innovation.

  3. In which Indian city, the First Interaction of 15th Finance Commission with the Members of Parliament was held at?
    1. Mumbai
    2. Kanpur
    3. New Delhi
    4. Allahabad
    5. Patna
    Answer – 3. New Delhi
    Explanation :
    First Interaction of 15th Finance Commission with the Members of Parliament was held on March 14, 2018 in New Delhi. The meeting was held to convey the proposed schedule of the Commission’s work and its Terms of Reference (TOR) as well as to seek suggestions of Parliamentarians. In context of this news, it is important to note that unlike previous Finance Commissions, the 15th Finance Commission will function in a different scenario wherein there is no Planning Commission and Government has removed the distinction between Plan and Non Plan grants. In coming days, 15th Finance Commission will conduct meetings with state level stakeholders.

  4. On March 15, 2018, Lok Sabha passed the Specific Relief (Amendment) Bill, 2018 seeking to grant a party the right to seek damages from the other side in case of a breach of a business contract. By which voting method this law was passed?
    1. Voice Vote
    2. Secret Ballot
    3. Physical count of Members
    4. Recording of votes by distribution of slips
    5. Casting Vote
    Answer – 1. Voice Vote
    Explanation :
    On March 15, 2018, Lok Sabha passed the Specific Relief (Amendment) Bill, 2018 seeking to grant a party the right to seek damages from the other side in case of a breach of a business contract. The current law only provides for a certain kind of specific relief, while the amendment proposes a remedy which aims at the exact fulfilment of an obligation or specific performance of the contract rather than grant of a general relief or damages or compensation. This amendment bill also seeks to reduce discretion of courts in such matters and is being viewed to be in line with government’s ease of doing business policy. Specific Relief (Amendment) Bill, 2018 was passed in Lok Sabha by Voice Vote.

  5. As per Multidimensional Poverty Index Report 2017, launched by Andhra Pradesh Chief Minister Chandrababu Naidu on March 13, 2018, Andhra Pradesh’s index value is_______?
    1. 0.0712
    2. 0.0800
    3. 0.0825
    4. 0.0925
    5. 0.0985
    Answer – 3. 0.0825
    Explanation :
    As per a recent household survey conducted in Andhra Pradesh, the state attained a rank equivalent to 51st rank globally on Multidimensional Poverty Index. On the global Multidimensional Poverty Index, India ranked at 66th position with an index value of 0.1911. As per Multidimensional Poverty Index Report 2017, launched by Andhra Pradesh Chief Minister Chandrababu Naidu on March 13, 2018, Andhra Pradesh’s index value is 0.0825. Thus on a comparative basis, Andhra Pradesh can be placed at 51stposition. Among districts of Andhra Pradesh, East Godavari has topped with index value of 0.0468 and Vizianagaram is at the bottom with a value of 0.1271. The survey was conducted by Vision Management Unit, Planning Department, Government of Andhra Pradesh in collaboration with Oxford Poverty and Human Development Initiative (OPHI), University of Oxford, UK. Multidimensional Poverty Index methodology was developed by Oxford Poverty and Human Development Initiative in collaboration with United Nations Development Programme (UNDP). It is the most widely accepted global measure of multidimensional poverty.

  6. In which country, “Photography exhibition on India” was inaugurated, in which Indian Images of People and Places were exhibited?
    1. Egypt
    2. Norway
    3. Sweden
    4. Switzerland
    5. China
    Answer – 1. Egypt
    Explanation :
    On 14th March 2018, “Indian Images: People and Places”, a photo exhibition about India was inaugurated by India’s Ambassador to Egypt Sanjay Bhattacharyya in Cairo, Egypt. This photo exhibition was held as a part of the annual cultural festival ‘India by the Nile’. It featured photos captured by Khaled Gawdat, an Egyptian photographer.
    Venue: The photo exhibition was held at El-Sawy Cultural Center in Zamalek in Cairo, Egypt. 60 photographs taken in different parts of India were displayed in the exhibition. They depicted everyday life in India, landscapes, tourist places, cultural performances, people’s faces and colourful costumes.

  7. Member-countries of the World Health Organisation (WHO) South-East Asia Region, including India, committed to intensifying efforts to eradicate __________ by 2030?
    1. Poverty
    2. Tuberculosis
    3. HIV/AIDS
    4. Diabetes
    5. Pneumonia
    Answer – 2. Tuberculosis
    Explanation :
    Member-countries of the World Health Organisation (WHO) South-East Asia Region, including India, committed to intensifying efforts to eradicate tuberculosis (TB) by 2030. This commitment was made during ‘End TB Summit’ in New Delhi. The Summit built on the Delhi Call to Action adopted by member countries of the WHO South-East Asia Region in March 2017 and set the stage for the September 2018 United Nations (UN) High-Level Meeting on TB. The member-countries have resolved to collectively reach out to 2 million missing TB cases and 150000 multidrug-resistance cases by 2020 and take necessary action to end TB.

  8. Which country challenged Indian export subsidies schemes at the World Trade Organisation, stating that these programmes are creating an uneven playing field and are thus harming the manufacturers in the country?
    1. China
    2. Japan
    3. Russia
    4. UK
    5. USA
    Answer – 5. USA
    Explanation :
    US challenged Indian export subsidies schemes at the World Trade Organisation, stating that these programmes are creating an uneven playing field and are thus harming American manufacturers. US Government has argued that Indian Government runs several export subsidy/incentives schemes which offers financial benefits to Indian exporters and brings down the end cost of products, thereby making it more competitive vis-à-vis products manufactured in US. Reference was being made to various schemes of Indian Government including Merchandise Exports from India Scheme, Export Oriented Units Scheme, sector specific schemes such as Electronics Hardware Technology Parks Scheme, Export Promotion Capital Goods Scheme, Special Economic Zones and Duty Free Imports for Exporters Programme. Through these schemes, Indian exporters are granted exemption from certain duties, taxes, and fees. As per Government data, thousands of Indian companies receive financial benefits to the tune of $7 billion annually through these schemes.

  9. As per World Bank’s bi-annual India Development Update, Indian goods and services tax (GST) is the __________ highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system?
    1. First
    2. Second
    3. Third
    4. Fourth
    5. Fifth
    Answer – 2. Second
    Explanation :
    As per World Bank’s bi-annual India Development Update, Indian goods and services tax (GST) regime is one of the most complex with the second highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system. World Bank highlighted that 49 countries around the world have a single slab of GST, 28 countries have two slabs, and only five countries, including India, have four non-zero slabs. Besides, in terms of complexity, GST roll out in India has not only increased administrative tax compliance burden on firms but has also resulted in locking-up of working capital due to slow tax refund processing. However, World Bank asserted that in the long run, benefits of the GST will outweigh its costs and initial hurdles.

  10. Which ministry has been awarded a Certificate of Appreciation for successfully implementing e-Office system in the Ministry?
    1. Union Ministry of Home Affairs
    2. Union Ministry of External Affairs
    3. Union Ministry of Power
    4. Union Ministry of Overseas Indian Affairs
    5. Union Ministry of Atomic Space
    Answer – 3. Union Ministry of Power
    Explanation :
    Union Ministry of Power has been awarded a Certificate of Appreciation for successfully implementing e-Office system in the Ministry. In a bid to bring in effective Governance and quality in public service delivery, e-Office System is being implemented in all Government of India’s Ministries/Departments. e-office system is part of Government of India’s National e-Governance Programme and is aimed at improving the operational efficiency of the Government. The Certificate of Appreciation was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Development of North Eastern Regions to Secretary, Power, Ajay Bhalla.

  11. Which Indian film has won the ‘Grand Prix de Montreal’ award at the 21st Festival International du Film Pour Enfants de Montreal Film (FIFEM)?
    1. Namesake
    2. Halkaa
    3. Bourne Supremacy
    4. Gandhi
    5. Trishna
    Answer – 2. Halkaa
    Explanation :
    Indian film “Halkaa” has won the ‘Grand Prix de Montreal’ award at the 21st Festival International du Film Pour Enfants de Montreal Film (FIFEM). “Halkaa” was directed by Nila Madhab Panda. Child actor Tathastu has acted as Pichku, the lead role. “Halkaa” was selected among seven international children’s films in the official competition of the festival held from 8th to 11th March 2018.

  12. Name the short film which has won award at Best of India Short Film Festival in Los Angeles, US.
    1. Bear Story
    2. Birthday Boy
    3. Coward
    4. Shunyata
    5. Foxed
    Answer – 4. Shunyata
    Explanation :
    Actor Jackie Shroff’s short film “Shunyata” has won an award at Best of India Short Film Festival in Los Angeles, US. ‘Shunyata’ is short fiction film which runs for 22 minutes. It was directed by Chintan Sarda. It was produced by Sarda and Sunil Khedekar. The movie was screened at a theatre in Los Angeles. The jury selected ‘Shunyata’ as the best film. The award ceremony was held at Mack Sennett Studios on 3rd March 2018. It received a cash prize of $1,000.

  13. Who was appointed the next Ambassador of India to the Republic of Belarus?
    1. Sangeeta Bahadur
    2. Debnath Shaw
    3. T.P. Seetharam
    4. Navtej Sarna
    5. Yashvardhan Kumar
    Answer – 1. Sangeeta Bahadur
    Explanation :
    Sangeeta Bahadur was named the next Ambassador of India to the Republic of Belarus. Sangeeta Bahadur is an Indian Foreign Service (IFS) Officer of the 1987 batch. She is at present the Additonal Secretary in Ministry of External Affairs. She has been appointed as the next Ambassador of India to the Republic of Belarus.

  14. Prime Minister Miro Cerar of which country resigned after the constitutional court invalidated the result of a referendum which approved a government infrastructure project?
    1. Libya
    2. Somalia
    3. South Sudan
    4. Spain
    5. Slovenia
    Answer – 5. Slovenia
    Explanation :
    Slovenian Prime Minister Miro Cerar resigned after Slovenia’s top court invalidated the result of a government referendum. On 14th March 2018, the constitutional court invalidated the result of a referendum which approved a government infrastructure project. The project was to upgrade transport links to Koper port on the Adriatic coast. The estimated project cost was nearly one billion euros. The referendum held in September 2017, received a vote in favour of building a new railway line for the town. The constitutional court stated that, the government had acted partially by spending public money to obtain positive vote for the scheme.

  15. Union Health Minister J.P. Nadda was elected unopposed for the Rajya Sabha seat from ________________ state?
    1. Punjab
    2. Himachal Pradesh
    3. Haryana
    4. Assam
    5. Manipur
    Answer – 2. Himachal Pradesh
    Explanation :
    Union Health Minister J.P. Nadda was elected unopposed to the Rajya Sabha from Himachal Pradesh for a second term. JP Nadda was the only candidate who filed nomination for the Rajya Sabha seat from Himachal Pradesh. The last date of filing nominations was 12th March 2018. The last date of withdrawal of nominations was 15th March 2018. As he was the only candidate who had filed nomination, he was elected unopposed for the Rajya Sabha seat from Himachal Pradesh.

  16. Name the Nepal’s Chief Justice was removed from his post by Nepal’s Judicial Council for providing fake date of birth in order to remain longer in office?
    1. Dilip Kumar
    2. Anup Raj
    3. Kedar Prasad
    4. Gopal Parajuli
    5. Khilji Sharma
    Answer – 4. Gopal Parajuli
    Explanation :
    Nepal’s Chief Justice Gopal Parajuli was removed from his post by Nepal’s Judicial Council for providing fake date of birth in order to remain longer in office. In the removal letter to Chief Justice the Judicial Council has quoted inconsistencies in the birth dates as mentioned in his citizenship and academic certificates as reasons for his removal. The judicial council stated that Gopal Parajuli should have retired 7 months ago when he became 65, which is the retirement age for Nepal officials.

  17. Who was appointed the new chief economic advisor to US President Donald Trump?
    1. John Cornyn
    2. John Thune
    3. John Barrasso
    4. Larry Kudlow
    5. Deb Fischer
    Answer – 4. Larry Kudlow
    Explanation :
    Larry Kudlow has been named the new chief economic advisor to US President Donald Trump. Larry Kudlow replaces Gary Cohn as Donald Trump’s chief economic adviser. Larry Kudlow is 70 years old. Larry Kudlow worked as Donald Trump’s informal economic adviser during the 2016 campaign. On 14th March 2018, the White House announced that Larry Kudlow had been offered and had accepted the job as head of the White House National Economic Council. The National Economic Council director advises the US president on economic issues and carries out implementation of policy goals.

  18. HSBC appointed ________ as its head of corporates for South-east Asia for global banking?
    1. Pradeep Rao
    2. Ram Sharma
    3. Tripali Sharma
    4. Hari Prasad
    5. Prasad Singh
    Answer – 1. Pradeep Rao
    Explanation :
    HSBC appointed Pradeep Rao as its head of corporates for South-east Asia for global banking. As head of corporates for South-east Asia for global banking of HSBC, Pradeep Rao will work on strategic dialogue with HSBC’s important clients in South-east Asia. He was previously HSBC’s managing director of Asia-Pacific consumer and retail sector. He will be based in Singapore. He will report functionally to Rajeev Sahney, head of corporates for Asia-Pacific, and locally to Stephen Williams, head of global banking for South-east Asia.

  19. Central Council for Research in Ayurvedic Sciences (CCRAS) has undertaken development of a coded drug AYUSH QOL-2C for enhancing the quality of life of _____________ patients?
    1. Tuberculosis
    2. HIV/AIDS
    3. Cancer
    4. Diabetes
    5. Measles
    Answer – 3. Cancer
    Explanation :
    Central Council for Research in Ayurvedic Sciences (CCRAS) has undertaken development of a coded drug AYUSH QOL-2C for enhancing the quality of life of cancer patients. Clinical studies on breast cancer patients was done at St. John’s Medical College, Bengaluru and AIIMS, New Delhi. Studies on lung cancer patients was performed at Bhagwan Mahaveer Cancer Hospital and Research Centre, Jaipur. Information in this regard was given by Minister of State (Independent Charge) for AYUSH, Shripad Yesso Naik.

  20. When is the World Consumer Rights Day was observed all over the world?
    1. 12 March
    2. 13 March
    3. 14 March
    4. 15 March
    5. 16 March
    Answer – 4. 15 March
    Explanation :
    On 15th March 2018, World Consumer Rights Day was observed all over the world. World Consumer Rights Day is celebrated on 15th March every year to create awareness about consumer rights. World Consumer Rights Day was inspired by President John F Kennedy. He sent a special message on issues of consumer rights to the US Congress on 15th March 1962. The first World Consumer Rights Day was celebrated in 1983. Theme: “Making Digital Marketplaces Fairer” is the theme for World Consumer Rights Day 2018.

STATIC GK based on Current Affairs

  1. Who is the MD & CEO of Suryoday Small Finance Bank?
     R Baskar Babu

  2. Atapaka Bird Sanctuary is in which state?
     Andhra Pradesh

  3. Which Indian city is also called the Sandal Wood City?
     Mysore

  4. Which is the capital city of Slovenia?
     Ljubljana

  5. Kanwar Lake is in which state?
     Bihar