Current Affairs Quiz: September 26 2018

AffairsCloud brings you the complete and important daily Current Affairs September 26 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. Union Cabinet has approved increasing of Government ownership in Goods and Services Tax Network (GSTN). This will enable acquisition of _____ % equity held by the Non-Government Institutions in GSTN equally by the Centre and the State Governments?
    1) 49 %
    2) 25 %
    3) 51 %
    4) 35 %
    5) None of these
    Answer & Explanation
    Answer – 3) 51 %
    Explanation:
    On September 26, 2018, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi approved increasing of Government ownership in Goods and Services Tax Network (GSTN). The following shows the change in the existing structure:
    • 51% equity held by the Non-Government Institutions in GSTN to be held equally by Central and state governments.
    • Allowing the GSTN Board to acquire the equity held by the private companies.
    • Changing composition of the Board of GSTN by inducting three directors from the Centre and the States and three other independent directors to the board, totaling the number of Directors to 11.
    • The members would be nominated by the Board of Directors and one Chairman and the CEO.
  2. Union Cabinet approved MoU between which entity and Ministry of Economic Development of the Russian Federation (MEDRF) in the field of social, economic, industrial and regional development programs, on 26thSeptember 2018?
    1) National Institute for Transforming India (NITI) Aayog
    2) Indian Institute of Technology (IIT), Delhi
    3) Infosys Foundation
    4) National Skill Development Programme
    5) None of these
    Answer & Explanation
    Answer – 1) National Institute for Transforming India (NITI) Aayog
    Explanation:
    On September 26, 2018, the Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the MoU between National Institute for Transforming India (NITI) Aayog, and Ministry of Economic Development of the Russian Federation (MEDRF). The MOU is in the field of social, economic, industrial and regional development programs. This will implement strategies and programs of social, economic, industrial and regional development. The areas of cooperation involves:
    • Joint research projects related to issues of mutual interest,
    • Exchange of information and research works,
    • Organization of seminars, conferences and other meetings on agreed agenda.
  3. Cabinet Committee on Economic Affairs (CCEA) approved the total assistance of _____ rupees to support the sugar sector, on 26th September 2018?
    1) Rs 5,538 crore
    2) Rs 3,789 crore
    3) Rs 9,980 crore
    4) Rs 6,890 crore
    5) None of these
    Answer & Explanation
    Answer – 1) Rs 5,538 crore
    Explanation:
    On September 26, 2018, the Cabinet Committee on Economic Affairs (CCEA) approved the total assistance of Rs 5,538 crore to support the sugar sector. This was taken after the food ministry’s proposal to help double production and assistance to cane growers, transport subsidy to mills and help export up to 5 million tonnes in the marketing year 2018-19. Out of the total package is of Rs 5,538 crore: Rs 1,375 crore will be given as transport subsidy to millers and Remaining to the sugarcane growers as production assistance. This is the second financial package to bail out the sugar industry after Rs 8,500 crore announced in June.
  4. Name the mobile application launched by Finance Ministry, which will act as a locator app guiding common people to find financial service touch point at a given location in India?
    1) Jan Dhan Seva
    2) Jan Dhan Darshak
    3) Fin Serv Locator
    4) Fin Point Locator
    5) None of these
    Answer & Explanation
    Answer – 2) Jan Dhan Darshak
    Explanation:
    On September 26, 2018, Finance Ministry launched mobile application “Jan Dhan Darshak”. The mobile app has been developed by: Department of Financial Services(DFS), Ministry of Finance and National Informatics Centre(NIC). It will act as a locator app guiding common people to find financial service touch point at a given location in the country. Over 5 lakh FI touch points (Bank branches, ATMs, Post Offices) have been mapped on this App out of which 1.35 lakh Bank Mitras would be included by 01.12.2018.
  5. Union Minister of Finance and Corporate Affairs, Arun Jaitley launched web portalwww.psbloansin59minutes.com. This will ensure seamless loan approval up to ____ rupees within 59 minutes from SIDBI and 5 Public Sector Banks (PSBs)?
    1) Rs 1 crore
    2) Rs 1 lakh
    3) Rs 50 lakh
    4) Rs 2 lakh
    5) None of these
    Answer & Explanation
    Answer – 1) Rs 1 crore
    Explanation:
    On September 25, 2018, the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley launched a web portal for a transformative initiative in MSME credit space. The web portal is: www.psbloansin59minutes.com. This is a first one of a kind MSME credit space which will ensure seamless loan approval up to Rs. 1 crore within 59 minutes from SIDBI and 5 Public Sector Banks (PSBs). The approved loan will be disbursed in 7-8 working days reducing the turnaround time from 20-25 days to 59 minutes. It processes details of borrower from various sources such as IT returns, GST data, bank statements, MCA21 etc. in less than an hour.
  6. Where was the 7th National Conference on Excellence in Workplace Safety and Occupational Health held on 26thSeptember 2018?
    1) New Delhi
    2) Mumbai
    3) Kolkata
    4) Dehradun
    5) None of these
    Answer & Explanation
    Answer – 1) New Delhi
    Explanation:
    On 26th September 2018, Minister of State for Labour and Employment, Santosh Kumar Gangwar inaugurated the 7th National Conference on Excellence in Workplace Safety and Occupational Health in New Delhi. He also conferred FICCI (Federation of Indian Chambers of Commerce and Industry) safety systems excellence awards for the industry to various units, like power generation, manufacturing, construction, Mining etc. Discussions were held on subjects like: best practices in workplace safety, importance of lighting in workplace safety, occupational health and working conditions, risk assessment strategies for accident prevention etc.
  7. Supreme Court has declared Centre’s Aadhaar scheme as constitutionally valid and has struck which section of Aadhaar Act that permits private entities to avail Aadhaar data?
    1) Section 14
    2) Section 27
    3) Section 57
    4) Section 45
    5) None of these
    Answer & Explanation
    Answer – 3) Section 57
    Explanation:
    On 26th September 2018, Supreme Court declared Centre’s Aadhaar scheme as constitutionally valid. The five-judge constitution bench was headed by Chief Justice Dipak Misra. The bench stated that Aadhaar would remain mandatory for filing IT returns and allotment of Permanent Account Number (PAN). But, it will not be mandatory to link Aadhaar to bank accounts. Telecom service providers cannot look for linking it with mobile connections. Section 57 of Aadhaar Act that permits private entities to avail Aadhaar data has been struck down. Also, Aadhaar authentication data cannot be stored for more than 6 months.
  8. Name the head of the three-member committee constituted by Supreme Court for suggesting jail reforms across India?
    1) Justice Ajay Mishra
    2) Justice Amit Payal
    3) Justice Amitava Roy
    4) Justice Rangaraj Desai
    5) None of these
    Answer & Explanation
    Answer – 3) Justice Amitava Roy
    Explanation:
    On September 25, 2018, the Supreme Court constituted a three-member committee headed by its former judge Justice Amitava Roy for suggestive jail reforms across the country. This decision was taken by a bench headed by Justice M B Lokur. The scope of the discussion would involve:
    • Issues concerning women prisoner,
    • Issues including over-crowding in prisons,
    • To tackle the issue of human rights of prisoners in jails.
  9. Where did Indra Jatra festival to worship Indra, the lord of rain and good harvest, begin on 25th September 2018?
    1) West Bengal, India
    2) Kandi, Sri Lanka
    3) Kathmandu, Nepal
    4) Dhaka, Bangladesh
    5) None of these
    Answer & Explanation
    Answer – 3) Kathmandu, Nepal
    Explanation:
    On September 25, 2018, the famous Indra Jatra festival commenced in Kathmandu, Nepal. It is an eight day long annual festival is observed to worship Indra, the lord of rain and good harvest. It also marks end of monsoon and beginning of harvest season and festivity.
  10. Defence Acquisition Council (DAC) approved procurement of 1,000 engines for fitment in T-72 tanks of the Army worth _____ rupees on 26th September 2018?
    1) Rs 2,300 crore
    2) Rs 4,890 crore
    3) Rs 5,809 crore
    4) Rs 9,890 crore
    5) None of these
    Answer & Explanation
    Answer – 1) Rs 2,300 crore
    Explanation:
    On September 26, 2018, the Defence Acquisition Council (DAC) approved procurement of 1,000 engines for fitment in T-72 tanks of the Army. This procurement project is worth Rs.2,300 crore. The engines are of 1,000 BHP (brake horse power) and have been built under ‘Buy and Make’ category by Ordanance Factories Board (OFB).
  11. Name the only sportsperson who has featured in the Forbes India’s first ‘tycoons of tomorrow’ list of 22 young achievers in the fields of business, acting and sports?
    1) Virat Kohli
    2) Mary Kom
    3) P V Sindhu
    4) Kidambi Srikanth
    5) None of these
    Answer & Explanation
    Answer – 3) P V Sindhu
    Explanation:
    Badminton player and Olympian PV Sindhu is the only sportsperson to feature in the Forbes India’s first ‘tycoons of tomorrow’ list of 22 young achievers in the fields of business, acting and sports. ‘Tycoons of tomorrow’ is not a ranking. It is a qualitative selection prepared by Forbes India team and a six-member jury. Some of the other important persons in the list are: Karan Adani, chief executive of Adani Ports & Special Economic Zone; Anant Goenka, group executive director of Indian Express; Ashni Biyani, managing director of Future Consumer, etc.
  12. Who has been appointed as the new Vice Chief of the Indian Air Force with effect from 30th September 2018?
    1) Air Marshal Anil Khosla
    2) Air Marshal S B Deo
    3) Air Marshal R Nambiar
    4) Air Marshal HS Arora
    5) None of these
    Answer & Explanation
    Answer – 1) Air Marshal Anil Khosla
    Explanation:
    Air Marshal Anil Khosla has been appointed as the new Vice Chief of the Indian Air Force. Air Marshal Anil Khosla is at present, the Eastern Air Force Commander. He will take charge as Vice Chief of the Indian Air Force on 30th September 2018, following the retirement of Marshal S B Deo.
    Other appointments:
    NameNew Position
    Air Marshal R NambiarCommander-in-Chief of Eastern Air command
    Air Marshal HS AroraCommander-in-Chief of Western Air Command
    Air Marshal VR ChaudhariDeputy Chief of Air Force
    Air Marshal Amit DeoDG of Air operations
    Lt Gen Manoj Mukund NaravaneEastern Army Commander
    Lt Gen Abhay KrishnaCentral Army Commander
    Lt Gens Sanjiv ChopraSouth Army Commander
  13. Who has been appointed as Chief Privacy Officer of Google?
    1) Lucy Thomas
    2) Keith Enright
    3) Peter Einstein
    4) Henry Richard
    5) None of these
    Answer & Explanation
    Answer – 2) Keith Enright
    Explanation:
    Google has appointed Keith Enright as its chief privacy officer. Keith Enright has been Google’s privacy lawyer for a longtime. Earlier, he worked as the Chief Privacy Officer at Macy’s and senior consultant at IBM. As Chief Privacy Officer, Keith Enright will be in charge of developing Google’s strategy on privacy issues.
  14. Name the person who has been appointed as Vice-President and Managing Director of Facebook’s India operations with effect from early 2019?
    1) Murali Kumar
    2) Ajay Khanna
    3) Ajit Mohan
    4) Ravinder Singh
    5) None of these
    Answer & Explanation
    Answer – 3) Ajit Mohan
    Explanation:
    On 24th September 2018, Facebook appointed former Hotstar CEO Ajit Mohan as Vice-President and Managing Director of its India operations. This is a newly created role. In this role, Ajit Mohan will be responsible for aligning teams and driving Facebook’s overall strategy in India. He will join Facebook India in early 2019. He will also be responsible for driving Facebook’s continued investment in India.
  15. Name Instagram’s co-founder who resigned as chief executive officer of Instagram owned by Facebook Inc. on 24th September 2018?
    1) Kevin Systrom
    2) Paul Hummington
    3) Caesar Freeman
    4) Henry Vincent
    5) None of these
    Answer & Explanation
    Answer – 1) Kevin Systrom
    Explanation:
    On 24th September 2018, Instagram’s co-founders Kevin Systrom and Mike Krieger resigned as chief executive officer and chief technical officer respectively of Instagram owned by Facebook Inc. Kevin Systrom and Mike Krieger found Instagram in 2010. In 2012, Facebook bought Instagram for $1 billion. Instagram has more than 1 billion active monthly users.
  16. ZSL’s (Zoological Society of London) Institute of Zoology conferred the title of ‘world’s largest bird’ to which bird on 26th September 2018?
    1) Blue Emu
    2) Vorombe titan
    3) Mauritian shelduck
    4) New Zealand merganser
    5) None of these
    Answer & Explanation
    Answer – 2) Vorombe titan
    Explanation:
    On September 26, 2018, ZSL’s (Zoological Society of London) Institute of Zoology conferred the title of ‘world’s largest bird’ to Vorombe titan. Vorombe titan (meaning ‘big bird’ in Malagasy and Greek) is believed to have weighed up to 800 kg and was three metres tall. Elephant birds (belonging to the family Aepyornithidae) are an extinct group of colossal flightless birds that roamed Madagascar. This study has been published in Royal Society Open Science.
  17. When was World Contraception Day observed throughout the world?
    1) September 24
    2) September 23
    3) September 25
    4) September 26
    5) None of these
    Answer & Explanation
    Answer – 4) September 26
    Explanation:
    On 26th September 2018, World Contraception Day was observed throughout the world. The World Contraception Day is observed every year on September 26. This day was launched in 2007. It is observed to create awareness of all contraceptive methods available and help young people make informed decisions on their sexual and reproductive health.
  18. When was International Day for the Total Elimination of Nuclear Weapons observed throughout the world?
    1) September 23
    2) September 21
    3) September 24
    4) September 26
    5) None of these
    Answer & Explanation
    Answer – 4) September 26
    Explanation:
    On 26th September 2018, International Day for the Total Elimination of Nuclear Weapons was observed throughout the world. In 2013, United Nations General Assembly declared 26 September as International Day for the Total Elimination of Nuclear Weapons. It has been observed every year since 2014. It is observed to create public awareness on nuclear disarmament matters, educate people on the potential threat by nuclear weapons and the need for their total elimination. Member States of United Nations, non-governmental organizations, academicians, politicians, mass media and individuals are involved to create awareness on this issue.

STATIC GK based on Current Affairs

  1. Who is the Chief Justice of India?
    Answer
       Dipak Misra
  2. Where is Sitanadi National Park located?
    Answer
       Chhattisgarh
  3. Who is the governor of Bihar?
    Answer
       Lalji Tandon
  4. Name the capital and currency of Uzbekistan?
    Answer
      Capital – Tashkent; Currency – Uzbekistani som
  5. Where is Kaimur Wild Life Sanctuary located?
    Answer
       Bihar
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