Current Affairs Quiz 9th November 2018

  • 1. Name the country that has proposed to assist in developing Delhi as the first global and smart city in India under the framework of the draft MoU presented on 27th Apr’15?
   A.) Sri Lanka
   B.) China
   C.) France
   D.) Spain

Answer: Option 'D'

Spain has proposed cooperation with India in developing smart and sustainable cities in the country and presented a draft of a Memorandum of Understanding (MoU) in this regard.

  • 2. India and ________________ have signed three MoUs on Extradition Treaty, cooperation in the field of Atomic Energy for peaceful purposes and VISA Waiver for Diplomatic and Official Passports.
   A.) Uganda
   B.) Kenya
   C.) Malawi
   D.) Sudan

Answer: Option 'C'

India and Malawi have signed three MoUs on Extradition Treaty, cooperation in the field of Atomic Energy for peaceful purposes and VISA Waiver for Diplomatic and Official Passports. The MoU was signed during Vice President Venkaiah Naidu visit in Malawi. India will also extend a new Line of credit of 215 million US dollars to Malawi for 18 water projects.

  • 3. Empire State Building was lit in orange for the first time to celebrate Diwali. The building is located in _________.
   A.) New York
   B.) Kuala Lumpur
   C.) Paris
   D.) London

Answer: Option 'A'

​New York

  • 4. The Reserve Bank of India has initiated the process to set up a digital PCR to capture all the details of borrowers, including willful defaulters and also the pending legal suits in order to check financial delinquencies. What is the full form of PCR?
   A.) Private Credit Registry
   B.) Public Credit Registry
   C.) Public Common Registry
   D.) Public Credit Ratings

Answer: Option 'B'

The Reserve Bank of India has initiated the process to set up a digital Public Credit Registry (PCR) to capture all the details of borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies. The public credit registry will also include data from entities like market regulator SEBI, the corporate affairs ministry, Goods and Service Tax Network and the Insolvency and Bankruptcy Board of India to enable the banks and financial institutions to get a 360-degree profile of existing and prospective borrowers on a real-time basis.