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Current Affairs Quiz: October 24 2018

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AffairsCloud brings you the complete and important daily Current Affairs October 24 2018 Quiz to achieve more marks in Banking , Insurance, UPSC, SSC, CLAT , Railways and all other competitive Exams. We have prepared the current affairs quiz from our current affairs today updates.

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  1. Where did Prime Minister Narendra Modi inaugurate the 36th Indian Carpets Expo on 21st October 2018?
    1) Guwahati, Assam
    2) Varanasi, Uttar Pradesh
    3) Shimla, Himachal Pradesh
    4) Itanagar, Arunachal Pradesh
    5) None of these
    Answer – 2) Varanasi, Uttar Pradesh
    Explanation:
    On October 21, 2018, Prime Minister Narendra Modi inaugurated the 36th Indian Carpets Expo at Varanasi, Uttar Pradesh. Since Varanasi, Bhadohi and Mirzapur–cities in Uttar Pradesh– were important centres of the carpet industry, it would augment the efforts of the handicrafts and small and medium industries. This is also a part of the ‘Made in India’ initiative. India is today the biggest producer of carpets, and has about 35 per cent of the global market share.

  2. Which Union Ministry launched the 2nd edition of Harit Diwali, Swasth Diwali campaign, on 23rd October 2018?
    1) Finance Ministry
    2) Environment Ministry
    3) External Affairs Ministry
    4) Human Resource Development Ministry
    5) None of these
    Answer – 2) Environment Ministry
    Explanation:
    On October 23, 2018, Environment Ministry launched the 2nd edition of Harit Diwali, Swasth Diwali campaign. It was initiated in 2017-18 and is aimed at pledging to minimize bursting of crackers. This edition has been merged with “Green Good Deed” movement for conservation and protection of environment. It has been extended Pan-India and will last till the 1st week of November.

  3. NABARD (National Bank for Agriculture and Rural Development) has signed a MoU with Ayurvet Research Foundation (ARF) to facilitate several collaborative initiatives for integrated agricultural and rural development of which state?
    1) Uttar Pradesh
    2) Rajasthan
    3) Gujarat
    4) Haryana
    5) None of these
    Answer – 4) Haryana
    Explanation:
    Haryana regional office of NABARD (National Bank for Agriculture and Rural Development) has signed a MoU with Delhi-based Ayurvet Research Foundation (ARF) to facilitate several collaborative initiatives for integrated agricultural and rural development of Haryana. Major initiatives covered under this MoU will be in the resource-poor districts of Haryana. This MoU will enable to find practical solutions to the problems and challenges faced in integrated development of some districts of Haryana. This MoU will be enable planning and implementation of programmes like natural resource management, village development, exploring and creating alternative employment generation opportunities, upscaling micro-finance activities and supporting farmer producer organisations, through joint efforts of NABARD and ARF.

  4. India signed a MoU with which country for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, on 22nd October 2018?
    1) Myanmar
    2) Bangladesh
    3) Sri Lanka
    4) China
    5) None of these
    Answer – 1) Myanmar
    Explanation:
    On 22nd October 2018, India and Myanmar signed a MoU for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India’s Act East Policy. The MoU was signed by Vijay Gokhale, Foreign Secretary, India, and U Win Khant, Permanent Secretary, Ministry of Transport and Communications, Myanmar. Once operations commence at this port, it will provide new infrastructure for trade between India and Myanmar. It will enhance job opportunities and development in the entire region, mainly in the Rakhine and Chin States of Myanmar.

  5. Central Board of Direct Taxes (CBDT) released key statistics relating to direct tax collections and administration in public domain. As per this, growth is seen in number of persons filing return of income by ____ % in 4 years from FY 2013-14 to FY 2017-18?
    1) 65 %
    2) 78 %
    3) 56 %
    4) 44 %
    5) None of these
    Answer – 1) 65 %
    Explanation:
    On October 22, 2018, the Central Board of Direct Taxes (CBDT) released key statistics relating to direct tax collections and administration in public domain. These consisted of time-series data as updated up to FY 2017-18 and income-distribution data for AY 2016-17 and AY 2017-18. The important points from this statistics are:
    • Constant growth in direct tax-GDP ratio over last three years,
    • The ratio of 5.98% in FY 2017-18 is the best DT-GDP ratio in last 10 years,
    • Growth of more than 80% in the number of returns filed in the last 4 financial years from 3.79 crore in FY 2013-14 (base year) to 6.85 crore in FY 2017-18,
    • Growth of number of persons filing return of income by about 65% in 4 years from 3.31 crore in FY 2013-14 to 5.44 crore in FY 2017-18.
    • Growth in declaration of gross total income by 67% from Rs.26.92 lakh crore to Rs.44.88 lakh crore for AY 2017-18.

  6. Government has announced ______ rupees to develop the National Highway in Andaman and Nicobar Islands?
    1) Rs 1500 crore
    2) Rs 250 crore
    3) Rs 1000 crore
    4) Rs 2000 crore
    5) None of these
    Answer – 1) Rs 1500 crore
    Explanation:
    Government announced Rs 1500 crore rupees to develop the National Highway in Andaman and Nicobar Islands. 232 kilometres of the National Highway will be developed in the Islands.

  7. Where was the 12th ASEAN Defence Ministers Meeting (ADMM) meeting held on 19th October 2018?
    1) China
    2) Singapore
    3) Malaysia
    4) India
    5) None of these
    Answer – 2) Singapore
    Explanation:
    On October 19, 2018, Defence Minister Smt Nirmala Sitharaman attended the 12th ASEAN Defence Ministers Meeting (ADMM) in Singapore. Singapore hosted and chaired the meet for the second time since its establishment in 2006. The conference was attended by defence ministers from Australia, China, Japan, New Zealand, South Korea, Russia and the US.

  8. United Arab Emirates (UAE) and which country are conducting a two-week military exercise named “Iron Magic 19” in the Arabian Gulf, from 21st October 2018 to November 1, 2018?
    1) United States
    2) Japan
    3) Russia
    4) Egypt
    5) None of these
    Answer – 1) United States
    Explanation:
    On 21st October 2018, United Arab Emirates (UAE) and the United States (US) started a two-week military exercise named “Iron Magic 19” in the Arabian Gulf. Iron Magic 19 will be held till November 1, 2018. It is part of a series of joint military exercises throughout the year between the UAE armed forces and the armed forces of other countries. This exercise aims to enhance cooperation, joint actions and exchange of expertise in military areas. A major part of UAE military hardware, like F-16 fighter jets, Mirage jets and Apache Longbow attack helicopters, are manufactured by companies from the US, Britain and France.

  9. BoB-Dena-Vijaya Merged Bank will get capital infusion from the government to meet certain criteria, to achieve a credit growth of ____ %?
    1) 15 %
    2) 20 %
    3) 50 %
    4) 25 %
    5) None of these
    Answer – 1) 15 %
    Explanation:
    On October 23, 2018, BoB-Dena-Vijaya Merged Bank will get capital infusion from the government to meet certain criteria. It was announced that the merged entity will be receiving a cushion of at least 50-100 basis points above the existing regulatory capital requirements. It would be done to have a credit growth of 15%.According to government data, the proposed combined entity had CAR of 12.25% by the end of June 2018. Additionally the government would give some support to Dena Bank in this fiscal to help it cope with the shortcomings of regulatory requirements.

  10. Syndicate Bank announced capital infusion of _____ crore from the government in lieu of preferential allotment of shares, on 23rd October 2018?
    1) Rs 728 crore
    2) Rs 657 crore
    3) Rs 890 crore
    4) Rs 450 crore
    5) None of these
    Answer – 1) Rs 728 crore
    Explanation:
    On October 23, 2018, Public sector Syndicate Bank announced capital infusion of Rs 728 crore from the government in lieu of preferential allotment of shares. The government in its October 17th order issued that it would infuse Rs 728 crore to Syndicate Bank against preferential allotment of equity shares during 2018-19. On October 22 the bank had received the amount and kept it in Syndicate Bank Share Application Money.

  11. Moody’s Investors Service in its report stated that profitability of Indian banks is “distinctively weak” compared to the other BRICS nations. What was the rank of India in terms of highest non-performing loans at 2017-end?
    1) 1
    2) 2
    3) 3
    4) 5
    5) None of these
    Answer – 2) 2
    Explanation:
    On October 23, 2018, Moody’s Investors Service in its report stated that profitability of Indian banks is “distinctively weak” compared to the other BRICS nations. In India, the system-wide asset quality is weak due to stressed public sector banks, which dominate the sector. Indian banks have a tangible common equity ratio of 8.7 per cent at the end of 2017. It is unprofitable and has a negative ROA due to high credit costs at dominant state-owned banks. The profitability will remain under pressure for the rest of the current fiscal year, which ends in March 2019. Although it will improve from the next fiscal year as asset quality stabilizes. Indian lenders had the second highest non-performing loan at 2017-end, followed by banks in Brazil, South Africa and China. Russian banks had the highest ratio of 11.8 percent. Brazilian banks had an NPL ratio of 3.5 per cent at the end of 2017, compared with 2.9 per cent for South African banks and the lowest of 1.5 per cent for Chinese banks.

  12. Which organization has entered into a partnership with the Hiroshima government for co-creating a Japan-India IT Corridor in Hiroshima?
    1) NITI Aayog
    2) National Association of Software and Services Companies (NASSCOM)
    3) National Informatics Centre (NIC)
    4) State Bank of India (SBI)
    5) None of these
    Answer – 2) National Association of Software and Services Companies (NASSCOM)
    Explanation:
    On October 22, 2018, Indian IT industry’s apex body National Association of Software and Services Companies (NASSCOM) has entered into a partnership with the Hiroshima government for co-creating a Japan-India IT Corridor in Hiroshima. The project will be formally initiated by early 2019. Through this partnership, Japan would be able to have a cluster of IT and software industry. India would be getting a gate way to the cutting-edge manufacturing technology of Japan. Indian companies on the software side can help Japanese manufacturing companies adopt digital transformation and create innovative product and solutions lines.

  13. Vice-President Venkaiah Naidu presented the 19th Lal Bahadur Shastri National Award for Excellence 2018 in Public Administration to which senior advocate, on 22nd October 2018?
    1) Rajeev Gowda
    2) Fali S Nariman
    3) Mansoor Khan
    4) Arpit Kumar
    5) None of these
    Answer – 2) Fali S Nariman
    Explanation:
    On 22nd October 2018, Vice-President Venkaiah Naidu presented the 19th Lal Bahadur Shastri National Award for Excellence 2018 in Public Administration to senior advocate Fali S Nariman. The award has been institutionalized in the name of Lal Bahadur Shastri, the 2nd Prime Minister of India and a senior leader of the Indian National Congress political party.

  14. Who was conferred with the Maharshi Valmiki Jayanti Award on the occasion of Valmiki Jayanti, in Bengaluru, on 24th October 2018?
    1) HD Deve Gowda
    2) S Ramakrishnan
    3) Bhagat Singh
    4) Rahul Srivatsava
    5) None of these
    Answer – 1) HD Deve Gowda
    Explanation:
    On 24th October 2018, former Prime Minister HD Deve Gowda will be conferred with the Maharshi Valmiki Jayanti Award on the occasion of Valmiki Jayanti, in Vidhana Soudha, Bengaluru, Karnataka. HD Deve Gowda is awarded for his contribution to the welfare of Scheduled Caste and Scheduled Tribes communities. The award will be given by Karnataka Chief Minister HD Kumaraswamy. HD Deve Gowda will not be available to receive the award as he will be travelling to London. HD Deve Gowda was born on May 18, 1933. He served as the 11th Prime Minister of India from June 1, 1996 to April 21, 1997. He was also the 14th Chief Minister of Karnataka from 1994 to 1996.

  15. Who won the Miss Deaf Asia 2018 title at an international pageant held in Prague, on 23rd October 2018?
    1) Nishtha Dudeja
    2) Ankita Sen
    3) Preethi Dutta
    4) Chaio Min
    5) None of these
    Answer – 1) Nishtha Dudeja
    Explanation:
    On October 23, 2018, Haryana girl Nishtha Dudeja won the Miss Deaf Asia 2018 title at an international pageant held in Prague. She is the first Indian to have won any title at the Miss Deaf World Pageant. Prior to this title, Nishtha had also won the Miss Deaf India title on February 26, 2018 in Jaipur. She is the brand ambassador for Sivantos India Pvt Ltd. (Formerly Siemens hearing Instruments Pvt Ltd.), the world’s leading brand of hearing aids. She had also participated in Deaflympics 2013 (held in Sofia, Bulgaria), World Deaf Tennis Championship 2015 (held in Nottingham, UK) and Deaflympics 2017 (held in Samsun, Turkey).

  16. Name the person who won the 7th term as President of Cameroon, on 23rd October 2018?
    1) Paul Biya
    2) Maurice Kamto
    3) Mike Douglas
    4) Ramsus Alise
    5) None of these
    Answer – 1) Paul Biya
    Explanation:
    On 23rd October 2018, Paul Biya, won the 7th term as President of Cameroon. Paul Biya has been ruling Cameroon since 1982. He is 85 years old. He had won 71.3 % of the ballot in the presidential election held on October 7, 2018. His rival Maurice Kamto came second with 14.2 % of the vote.

  17. Who was appointed as editor of The Hindu on 23rd October 2018?
    1) Suresh Nambath
    2) Vikram Karthik
    3) Rajath Seth
    4) Vasuki Soni
    5) None of these
    Answer – 1) Suresh Nambath
    Explanation:
    On October 23, 2018, the board of directors of The Hindu Publishing Group appointed senior journalist Suresh Nambath as editor of The Hindu. His appointment with be effective from March 1, 2019. He will succeed Mukund Padmanabhan, who has been editor since March 2016. Earlier to this, Nambath has been working as the national editor of The Hindu since October 2015. He has been working with the newspaper for the last 22 years.

  18. Who has been named the captain of the Tamil Nadu team for the upcoming Ranji Trophy season, on 22ndOctober 2018?
    1) Abhinav Mukund
    2) Baba Indrajith
    3) Raja Sampath
    4) Satish Anand
    5) None of these
    Answer – 2) Baba Indrajith
    Explanation:
    On 22nd October 2018, all-rounder Baba Indrajith was named the captain of the Tamil Nadu team for the upcoming Ranji Trophy season. Tamil Nadu senior selection committee named Baba Indrajith as captain for the domestic season 2018-2019. The Ranji squad for the season will be selected on October 24, 2018. Baba Indrajith is 24 years old. He replaces Abhinav Mukund, who led Tamil Nadu last season. Baba Indrajith has scored 2,662 runs in 42 matches in first-class cricket with a highest score of 200 and 7 centuries.

  19. Which organization will be awarded the FICCI (Federation of Indian Chambers of Commerce and Industry) India Sports Awards 2018 for the category of Best National Sports Federation (NSF), on 25th October 2018?
    1) Hockey Federation of India
    2) Badminton Association of India
    3) Athletics Federation of India
    4) Board of Cricket Control of India
    5) None of these
    Answer – 3) Athletics Federation of India
    Explanation:
    On 25th October 2018, Athletics Federation of India will be awarded the FICCI (Federation of Indian Chambers of Commerce and Industry) India Sports Awards 2018 for the category of Best National Sports Federation (NSF). The award will be presented at the India Sports Awards ceremony, at Federation House, New Delhi. The Jury for the awards was chaired by Justice (retd) Mukul Mudgal. Pankaj Singh is the sports head of FICCI.

  20. When was World Polio Day observed all over the world?
    1) October 24
    2) October 22
    3) October 23
    4) October 21
    5) None of these
    Answer – 1) October 24
    Explanation:
    On 24th October 2018, World Polio Day was observed all over the world. World Polio Day was initiated by Rotary International more than a decade ago to commemorate the birth of Jonas Salk, who developed a vaccine against poliomyelitis. Polio or poliomyelitis is a highly contagious disease caused by poliovirus. It attacks the nervous system. Children less than 5 years of age are highly vulnerable to this disease. This day aims to create awareness on polio and efforts taken to eliminate this disease. India received polio-free certification along with the entire South-East Asia Region of WHO (World Health Organisation) on 27th March 2014 by WHO.

  21. When was United Nations (UN) Day celebrated?
    1) October 25
    2) October 22
    3) October 24
    4) October 21
    5) None of these
    Answer – 3) October 24
    Explanation:
    On 24th October 2018, United Nations (UN) Day 2018 was celebrated all over the world. United Nations Day is celebrated on October 24 since 1948. In 1971, United Nations General Assembly recommended this day to be observed by Member States as a public holiday. This day marks the anniversary of UN Charter’s entry into force in 1945. With the ratification of this founding document by the majority of its signatories, the United Nations officially came into force. 2018 UN Day Concert will be in UN Headquarters in New York, with the theme “Traditions of Peace and Non-violence”. The “People on the Move” photo exhibition on refugees and migration is displayed in UN Headquarters in New York, from October to November 2018.

  22. When was World Development Information Day observed all over the world?
    1) October 23
    2) October 22
    3) October 25
    4) October 24
    5) None of these
    Answer – 4) October 24
    Explanation:
    On 24th October 2018, World Development Information Day was observed all over the world. In 1972, United Nations General Assembly declared October 24 as World Development Information Day coinciding with United Nations Day. On 24 October 1970, the International Development Strategy for the Second United Nations Development Decade was adopted. This day highlights development problems and the need to strengthen international cooperation to solve them.

STATIC GK based on Current Affairs

  1. Who is the President of Athletics Federation of India?
      Adille Sumariwalla

  2. What is the capital and currency of Cameroon?
      Capital – Yaoundé; Currency – Central African CFA franc

  3. Where is Bandipur National Park located?
      Karnataka

  4. Name the Chairman of National Association of Software and Services Companies (NASSCOM)?
      Mr. Rishad Premji

  5. Who is the Chairperson of Central Board of Direct Taxes (CBDT)?
      Sushil Chandra





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