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Current Affairs Q&A Current Affairs Q&A PDF Current Affairs Questions &Answer PDF 2018 Table of Contents Current Affairs Q&A PDF - August 2018 .............................................................................................................. 2 Static GK question from August Current Affairs 2018 ...................................................................................... 153 AffairsCloud Recommends Oliveboard Mock Test IBPS PO Prelims 2018: Take 20 Tests, 3 Free IBPS RRB Assistant 2018: Take 40 Tests, 1 Free IBPS RRB Officer Scale I 2018: Take 40 Tests, 1 Free RBI Grade B 2018: Take 10 Phase I + 25 Phase II Tests, 1 Free Indian Bank PO 2018: Take 15 Tests, 1 Free NIACL Assistant 2018: Take 20 Tests, 1 Free SSC CGL 2018: 50 Tests (30 Tier I + 20 Tier II) Good Luck with Your Exams!!! 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It also has modification of reverse charge mechanism, separate registration for companies having different business verticals, cancellation of registration, new return filing norms and issuance of consolidated debit/credit notes covering multiple invoices. 2. On August 1,2018, the Union Cabinet, chaired by Prime Minister Narendra Modi, cleared the purchase of 51 % controlling stake in IDBI bank by which entity? 1.Life Insurance Corporation (LIC) 2.State Bank of India 3.Reserve Bank of India 4.Aditya Birla Insurance 5.None of these Answer - 1.Life Insurance Corporation (LIC) Explanation: On August 1,2018, The Union Cabinet, chaired by Prime Minister Narendra Modi , cleared the purchase of 51 per cent controlling stake in IDBI bank by state-run insurer Life Insurance Corporation (LIC). According to the deal the bank will get Rs 10,000 crore to Rs 13,000 crore depending on the share price. This was done to raise the capital of the IDBI Bank to pay off debts. Earlier LIC had 7-7.5 per cent stake in the bank. 3. On August 1, 2018, India and Germany signed an agreement on financial and technical cooperation. As per this agreement, Germany will give _____ for development of India? 1.Rs 8,500 crore 2.Rs 2,500 crore 3.Rs 3,786 crore 4.Rs 4,789 crore 5.None of these Answer - 1.Rs 8,500 crore Explanation: On August 1, 2018, India and Germany signed an agreement on financial and technical cooperation. According to this agreement, Germany will give nearly Rs 8,500 crore (1,055 million Euros) for development of India. This will focus on sustainable urban development and renewable energy in areas of sanitation, solid waste management and promotion of urban mobility. This cooperation will help reduce the greenhouse gases emission. 4. Where did Union Minister of State (Independent Charge) for AYUSH Shripad Yesso Naik lay the foundation stone of the 2nd Phase of Construction of North East Institute of Ayurveda & Homeopathy (NEIAH) on 29th July 2018? 1.Mawdiangdiang, Shillong 2.Changlang, Itanagar 3.Kiphire, Kohima 4.Longleng, Itanagar 5.None of these Answer - 1.Mawdiangdiang, Shillong Explanation: 2 | Page Follow Us - FB.com/AffairsCloudOfficialPage Copyright 2018 @ AffairsCloud.Com Current Affairs Q&A PDF On July 29, 2018, Union Minister of State (Independent Charge) for AYUSH Shri Shripad Yesso Naik laid the foundation stone of the 2nd Phase of Construction of North East Institute of Ayurveda & Homeopathy (NEIAH) at NEIAH Campus in Mawdiangdiang, Shillong. The estimated cost of the construction is Rs 40.80 crore. The area of the project is : 10481.53 sqm. It will have residential accommodation for students, doctors and staff and guest house. 5. Named the portal launched by the Inland Waterways Authority of India (IWAI) to connect cargo owners and shippers with real time data on availability of vessels? 1.FOCAL (Forum of Cargo-Owners and Logistics-Operators) 2.WConnect 3.CLAP (Cargo-Owners and Logistics-Operators Association Portal) 4.VConnect 5.None of these Answer - 1.FOCAL (Forum of Cargo-Owners and Logistics-Operators) Explanation: To know the availability of vessels in the market. The name of the portal is : Forum of Cargo-Owners and Logistics- Operators (FOCAL). It has been designed and developed by IT Department and the Traffic Wing of IWAI. This would ensure direct interaction among the vessel operators, shippers and cargo owners. 6. On 10th August 2018, NITI Aayog will host an Investors’ Conference for the Holistic Development of Islands in which city? 1.Port Blair 2.Chennai 3.Panaji 4.New Delhi 5.None of these Answer - 4.New Delhi Explanation: This Conference will be inaugurated by Amitabh Kant, CEO, NITI Aayog. It is expected to gain investment for the sustainable development of eco-tourism projects in Andaman & Nicobar and Lakshadweep islands. The Conference is organized by NITI Aayog along with the respective UT Administration. NITI Aayog has been mandated to look over the Holistic Development of Islands program, along with the respective UT administration and State Governments. Under the first phase of this program, 10 Islands in Andaman & Nicobar and Lakshadweep have been considered for holistic development. 7. ____ that implements Ayushman Bharat-National Health Protection Mission (AB-NHPM) and Common Service Centres (CSC) have signed a MoU to provide information and eligibility validation services to beneficiaries, mainly in remote areas? 1.National Health Agency (NHA) 2.Indian Medical Association (IMA) 3.Rural Welfare Association (RWA) 4.Rural Health Association (RHA) 5.None of these Answer - 1.National Health Agency (NHA) Explanation: National Health Agency (NHA) functions under the Ministry of Health and Family Welfare. Its objective is to implement Ayushman Bharat-National Health Protection Mission (AB-NHPM). The MoU was signed by Dr. Indu Bhushan, CEO, National Health Agency (NHA) and Dr. Dinesh Tyagi, CEO, CSC-SPV. More than 3 lakh CSCs in 2.5 lakh Panchayats of India will become the major point of information for potential beneficiaries and help in validating the entitlement of beneficiaries. AB-NHPM aims to cover nearly 10.74 crore poor families. It has identified occupational category of urban workers’ families according to the latest Socio-Economic Caste Census (SECC) data, for both rural and urban India. 8. Which has become the first state to implement Centre’s ‘Biofuel Policy’? 1.Rajasthan 2.Gujarat 3.Madhya Pradesh 3 | Page Follow Us - FB.com/AffairsCloudOfficialPage Copyright 2018 @ AffairsCloud.Com Current Affairs Q&A PDF 4.Assam 5.None of these Answer - 1.Rajasthan Explanation: For this Rajasthan has established a Centre of Excellence in Udaipur to promote research in alternate fuels and energy sources. To expand ethanol production, it has allowed using sugarcane juice and starch containing materials for production of ethanol. The state installed a biodiesel plant of capacity of 8 tonnes a day with the financial assistance of Indian Railways. These steps will help in increase in production of oil seeds and reduce country’s oil import. 9. Name the smartphone distribution scheme under the Sanchar Kranti Yojna (SKY), launched by Chhattisgarh Chief Minister Raman Singh and actress Kangana Ranaut? 1.Mobile Vision 2.Mobile for All 3.Mobile Tihar 4.Mobilise the State 5.None of these Answer - 3.Mobile Tihar Explanation: On 30th July 2018, Chhattisgarh Chief Minister Raman Singh and actress Kangana Ranaut launched 'Mobile Tihar', a smartphone distribution scheme under the Sanchar Kranti Yojna (SKY) in Raipur, Chhattisgarh. The scheme has been launched to distribute smartphones to women and students. It will benefit more than 50 Lakh people. As a part of this scheme, 556 new mobile towers will be set up in Chhattisgarh. 10. Where was the first 'Nepal-India Think Tank' Summit held on 31st July 2018? 1.Kathmandu, Nepal 2.New Delhi, India 3.Mumbai, India 4.Bengaluru, India 5.None of these Answer - 1.Kathmandu, Nepal Explanation: It was inaugurated by Former Prime Minister of Nepal and Co-Chairman of ruling Nepal Communist Party, Pushpa Kamal Dahal 'Prachanda'. It was jointly organized by the Asian Institute of Diplomacy and International Affairs and Nehru Memorial Museum Library. It consisted of 4 sessions. The summit will be hosted alternatively in Nepal and India annually. 11. On August 1, 2018, India imposed safeguard duty on solar panels imported from China and Malaysia for how many years? 1.5 2.3 3.4 4.2 5.None of these Answer - 4.2 Explanation: This was recommended by the Directorate General of Trade Remedies (DGTR), under the commerce ministry. As per the notice from Finance Ministry, • 25 per cent safeguard duty have been imposed for July 30 to July 29, 2019, • 20 per cent during July 30, 2019 to January 29, 2020 and • 15 per cent during January 30, 2020 to July
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