Current Affairs Quiz 7th September 2018

1.Under what law, the Internal Ombudsman (IO) scheme 2018 gives statutory powers to Internal Ombudsman?

(a) RBI Act

(b) Banking Regulaton Act

(c) Lokpal and Lokayukta Act

(d) Companies Act

(e) None of these

2.Which state government has decided to provide free mobile phones to women of BPL families?

(a) Punjab

(b) Madhya Pradesh

(c) Himachal Pradesh

(d) Rajasthan

(e) Uttar Pradesh

3.The Government of India (GoI) has approved a proposal by the Khadi and Village Industries Commission (KVIC) to increase wages of artisans by over how much percent?

(a) 32%

(b) 34%

(c) 36%

(d) 40%

(e) 42

4.Which Indian shooter bagged gold in the 50m pistol event at 2018 ISSF World Championship in South Korea?

(a) Jitu Rai

(b) Saurabh Chanudhary

(c)Abhidnya Patil

(d)Om Prakash Mitharwal

(e) None of these

5.Which country hosted the 6th East Asia Summit- Economic Ministers’ Meeting (EAS-EMM)?

(a) Singapore

(b) New Zealand

(c) Malaysia

(d) Japan

(e) None of these

6.Krishna Kutir, which is in news recently, is associated with which union ministry?

(a) Ministry of Home Affairs

(b) Ministry of Tribal Affairs

(c) Ministry of Rural Development

(d) Ministry of Women & Child Development

(e) None of these

7.Which state government has organised an interactive programme “Mil -Banche” in government schools of state?

(a) Madhya Pradesh

(b) Gujarat

(c) Uttar Pradesh

(d) Himachal Pradesh

(e) None of these

8.Which new ranking system has been announced by the Union Government for higher educational institutions to promote innovation?

(a) ATLA

(b) ATAL

(c) ARGW


(e) None of these

9.Which country has took over the chairmanship of the 5th Summit of BIMSTEC?

(a) Myanmar

(b) Bangladesh

(c) India

(d) Sri Lanka

(e) Bhutan

10.Indian Railways has recently signed pact with which company for use of Natural Gas in railway workshops?

(a) ONGC

(b) GAIL India

(c) NTPC

(d) IOCL

(e) SAIL



Exp.The Reserve Bank of India (RBI) has recently introduced Internal Ombudsman (IO) scheme 2018 to tighten internal grievance redressal system at Scheduled Commercial Banks (SCBs). In it, RBI has given statutory powers to Internal Ombudsman (IO) under section 35 A of the Banking Regulation Act, 1949. The central bank has tightened the selection and operating procedure for IO in banks and made it mandatory for lenders with more than 10 branches (excluding Regional Rural Banks) to have an independent authority to review complaints that were partially or wholly rejected by the respective banks. An ombudsman is a person officially charged with investigating and addressing public complaints or violation of rights. The tenure of the IO cannot be more than 5 years and it is not open to reappointment. An IO also cannot be removed without consent from the RBI. This new post will not report to the bank’s CEO but to the customer service committee of the bank.



In a bid to boost Prime Minister Narendra Modi’s flagship ‘Digital India’ campaign, the Rajasthan government has decided to provide free mobile phones to women of Below Poverty Line (BPL) families under the Bhamashah Yojana. The aim of the scheme is to transfer financial and non-financial benefits of government schemes in a transparent manner. The state government will also provide free Wifi facilities to as many as 5,000 gram panchayats to ensure that the state is well connected with the outside world. This programme commenced on September 1 and will end on September 30.


The Ministry of Micro, Small & Medium Enterprises (MSME) has approved a proposal by the Khadi and Village Industries Commission (KVIC) to increase the wages of artisans by over 36%, from Rs 5.50 per hank previously to Rs 7.50 per hank. The proposal for an increase in wages to khadi spinners along with payment of government subsidy — Modified Market Development Assistance (MMDA) — has been approved with effect from August 15, 2018. Under the MMDA programme, 30% of the prime cost is paid to the khadi institutions as production subsidy. Of this 30%, 40% goes to artisans as wage incentives and the remaining 60% goes to the khadi institutions. The wage incentives are paid by KVIC directly to the accounts of the artisans through direct benefit transfer. As a result, if an artisan makes 20 hanks in a day — he will get Rs 150 per day as wage at the rate of Rs 7.50 per hank, plus incentives including MMDA, which would be approximately 35% on Rs 150, that is Rs 52


exp.Indian Shooter Om Prakash Mitharwal clinched his first gold in the 50m pistol event at the 2018 International Shooting Sport Federation (ISSF) World Championships in Changwon, South Korea on September 4. Mitharwal, who won bronze in the 10m air pistol and the 50m pistol events of the 2018 Commonwealth Games in Gold Coast, shot a score of 564 to finish on top at ISSF Championships.


Exp,.Singapore is currently holding the Chair of ASEAN. There, the 6th East Asia Summit- Economic Ministers’ Meeting (EAS-EMM) and 15th India-ASEAN Economic Ministers’ Meeting (AEM) was held in September 1, 2018. It was attended by Economic Ministers from 10 ASEAN countries and their 8 dialogue partners – Australia, China, India, Japan, Republic of Korea, New Zealand, the Russian Federation and the United States. The meeting recognized the importance of ongoing work to maximize the opportunities of, and address the challenges presented by, the digital economy and the rise of regional and global value chains, as part of their efforts to promote economic growth and integration in the region. It was announced in the Singapore meeting that the next ASEAN-India Business Summit will be held in Kuala Lumpur, Malaysia in November 2018, which will be followed by the 4th India-ASEAN Dialogue Partner Expo and Summit scheduled for 21-23 February 2019, in New Delhi.


Exp.The Krishna Kutir is a special home for 1000 widows set up by the Ministry of Women & Child Development (MoWCD) under the Swadhar Greh scheme. It is said to be the largest-ever facility of its kind created by a government organization, which will be inaugurated by Maneka Sanjay Gandhi and UP CM Yogi Adityanath at Vrindavan in Mathura, Uttar Pradesh on 31st August 2018. The new widows’ home has been constructed to mitigate the plight of widows living in pathetic condition in Vrindavan. The design of the four-storey building has been prepared in consultation with the non-governmental organisation, HelpAge India. It consists amenities like ramps and lifts for senior citizens and differently-abled people. The facility is also equipped with a large modern kitchen and a skill cum training centre. The construction of the home has been funded by Central Government and will be managed by the Government of Uttar Pradesh.


Exp.The Madhya Pradesh government has organized an interactive programme “Mil -Banche” in government schools of state on August 31, 2018. It is a first of its kind initiative i.e. being organized for multi-dimensional development of children through language skill up-gradation, reading other books in addition to textbooks, developing interest in understanding and other co-curricular activities. Over 2 lakh volunteers who have registered for the programme include 820 engineers, 843 doctors, 36 thousand employees of private sector, 19 thousand public representatives and around 45 thousand government employees and officers. Volunteers will read out one chapter of any book from either the school library or the Hindi textbook during the programme. After the reading session, the students present in the class will be asked interesting questions and will be introduced to the art of conversation and reading after group discussion.


Exp.The Ministry of Human Resource Development (HRD) has announced new ranking system – named Atal Ranking of Institutions on Innovation Achievements (ARIIA) – for higher educational institutions to promote culture of innovation and research in higher education at AICTE in New Delhi. The new ranking system will be formally launched on October 15, the birth anniversary of former President APJ Abdul Kalam. The first results will be declared on February 28, 2019, which is also Science Day. ARIIA – named after Atal Bihari Vajpayee- will focus on: budget expenses and revenues generated; facilitating access to advance centres; ideas of entrepreneurship; innovation ecosystems supported through teaching and learning; and innovative solutions to improve governance of the institution. It will rank educational institutions for innovation output based on all major indicators and parameters used globally.


exp.The 4th edition of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit 2018 was successfully concluded in Kathmandu, Nepal with Kathmandu declaration on August 30 to 31. From India, Prime Minister Narendra Modi attended the summit that focused on increasing regional connectivity between the BIMSTEC nations including roads, airways and transmission lines. A Memorandum of Understanding (MoU) was also signed on establishing a BIMSTEC Grid Interconnection to enhance energy cooperation among the member-States. The BIMSTEC, comprising India, Bangladesh, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal, accounts for 22% of the global population. It has a combined GDP of USD 2.8 trillion. Here, Sri Lankan President Maithripala Sirisena took over the Chairmanship of the 5th Summit of BIMSTEC. Now, the next BIMSTEC summit will be held in Sri Lanka.


Exp.In New Delhi, Indian Railways has recently signed a Memorandum of Understanding (MoU) with GAIL India Ltd for use of environment-friendly fuel ‘Natural Gas’ in Railway workshops and production units. The purpose of the pact is to replace Industrial gases like Dissolved Acetylene, LPG, Bharat Metal Cutting Gas (BMCG) and Furnace Oil / High Speed Diesel (HSD) oil with Natural Gas. The use of natural gas has a potential to replace fuel worth Rs 70 crore per annum. This historic partnership will pave the way for supply of Natural Gas to Railway workshops, integral coach factories, loco workshops, DEMU sheds, etc. located along the existing and upcoming pipeline networks of GAIL. This endeavour shall reduce carbon foot-prints of IR and contribute positively towards achieving COP21 commitments.

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