October 7, 2017 - Current Affairs Quiz - Current Affairs MCQ

Answer – – 5. €300 million
Explanation
Bangalore Metro Rail Project Phase II will be jointly financed by the European Investment Bank (€500 million) and Asian Infrastructure Investment Bank (€300 million). The agreement signed today was for first tranche of €300 million. Finance Contract of Bangalore Metro Rail Project Phase-2-Line R6 for Euro 300 million out of total loan of Euro 500 million.

Answer – 4. Rina Mitra
Explanation
Central Government has set up a study group to examine the problems being faced by the people residing near the International Border (IB) and the Line of Control (LoC) in Jammu and Kashmir. The study group has been formed in the wake of regular cross border firing by Pakistan. The study group will be headed by Rina Mitra (Special Secretary in the Home Ministry).

Answer – 2. Chhattisgarh
Explanation
Chhattisgarh Government has completely banned the usage of Polyvinyl Chloride (PVC) carry bags in their state. The government also banned the manufacture, storage, import, sale, transport and use of such plastic-borne goods.

Answer – 5. J Sagar Associates
Explanation
J Sagar Associates (JSA) is the first law firm have a plan to open an office at Gujarat International Finance Tec-City (GIFT). The office was inaugurated by Sudhir Mankad – Chairman of GIFT IFSC, along with CEO Ajay Pandey. Several banks, brokers and stock exchanges including the BSE and the National Stock Exchange have set-up their operations in GIFT.

Answer – 1. Rajesh Nath
Explanation
Rajesh Nath, Managing Director of VDMA India, has been conferred Germany’s Highest Civilian Honour, ‘Cross of the Order of Merit’. VDMA is a German Engineering Federation. ‘Cross of the Order of Merit’ was instituted in year 1951 and is also called Bundesverdienstkreuz or Federal Cross of Merit.

Answer – 1. thenationspride.com
Explanation
‘thenationspride.com’, India’s First Portal Dedicated to Para-sports was launched on October 6, 2017. This platform has been launched to create awareness about para-sports and provide a platform to para sportspersons to share their success stories against adversities.

Answer – 1. Director
Explanation
On 7th October 2017, National Award-winning director Kundan Shah died at his age of 69 due to heart attack. Kundan Shah received his first and only National Award — Indira Gandhi Award for Best First Film of a Director.He went to the small screen by directed television shows like ‘Nukkad’ and ‘Wagle Ki Duniya’.

Answer – 3. Arunachala Pradesh
Explanation
On October 5th 2017,The Snow Leopard has been clicked first time in India at Thembang village’s Community Conserved Area, a community-owned reserve, in West Kameng district, Arunachala Pradesh.

Answer – 4. Amrender Sharan
Explanation
On October 6, 2017, Supreme Court appointed senior advocate and former additional solicitor general Amrender Sharan as amicus curiae on a petition seeking re-probe into the assassination of Mahatma Gandhi.

Answer – 5. Tata AIA Life
Explanation
On 5th Oct. 2017 ,Tata AIA Life launches of Chatbot ‘Eazy Connect’ ,a online customer service through social media platform like Facebook Messenger, Twitter DM, Web chat and Whatsapp. This Chatbot service helps to support the customers to resolve the frequent queries by providing 24/7 service.

Answer – 4. 2015-2016
Explanation
The Sovereign Gold Bonds Scheme was first announced in Union Budget 2015-16. Consequentially, the first tranche was issued in November 2015. Till date, seven tranches of SGBs have been issued and as a result 6,410 kg of gold has been mobilised.

Answer – 5.Mumbai
Explanation
On Oct.6 2017, The 3-day international exhibition -9th Annual ‘World Dental Show 2017’ has opened Bandra-Kurla Complex in Mumbai.It is an integral part of Asia’s biggest dental event. The international exhibitors from China, Germany, Israel, Malaysia, Russian Federation, South Korea, Taiwan, Turkey, UK and US, were participating and about 120 are displaying their latest dental wares in 250 well furnished stalls.

Answer – 3. 22nd
Explanation
22nd meeting of the Good and Services Tax (GST) Council was held on October 6, 2017 in New Delhi, under the chairmanship of Finance Minister Arun Jaitley. The council reduced GST rates on specific items and also eased the compliance requirement for Small and Medium Businesses.

Answer – 1. Three
Explanation
Three agreements signed during 14th India-EU Summit in New Delhi on 14th Annual Summit between India and the European Union (EU) was held in New Delhi on October 6, 2017. Indian Prime Minister Narendra Modi along with Donald Tusk, President of the European Council and Mr. Jean Claude Juncker, President of the European Commission reviewed the wide-ranging cooperation under the India-EU Strategic Partnership.

Answer – 3. Swiggy
Explanation
Food delivery company Swiggy has appointed former Olam International executive & former Britannia Industries executive Rahul Bothra as its first chief financial officer (CFO).Rahul Bothra was worked in Singapore and Brazil with agri-business company Olam in various roles including CFO.

Answer – 2. zee Entertainment
Explanation
Zee Entertainment has acquired 100 per cent stake in two media entities, 9X Media and INX Music for Rs 160-crore.The 9X Media operates five music channels- 9XM (Hindi), 9X Jalwa (Hindi), 9X Jhakkas (Marathi), 9XO (English) and 9X Bajao (Hindi). ZEEL will acquire 91,453,000 equity shares of Rs 10 each of 9X Media for a consideration of Rs 155.20 crore.

Answer – 4. Morgan Hurd
Explanation
On Oct.6th 2017,Morgan Hurd from America won the women’s all-around title in world gymnastics championships at Montreal’s Olympic Stadium.

Answer – 4. Samsung
Explanation
China has approved HP Inc’s $1.1 billion purchase of Samsung Electronics’ printer business with certain restrictions and concerns about the U.S. firm’s dominance in the laser printer market.