Quiz 339 – Daily Current Affairs

1. ‘APEC’ stands for

(a) Agriculture-Pacific Economic Cooperation.

(b) Asia-Pacific Economic Cooperation.

(c) Asia-Pacific Economic Corporation.

(d) Agriculture Public Economic Cooperation.


2. Assertion (A): A legislation soliciting the Obama administration to help India entering the APEC forum has been introduced in the US congress by few influential American Lawmakers.

Reason (R): The Legislation mentions that India-US Partnership is very important to US strategic interests in the Asia-Pacific region and across the Globe, and is an integral aspect to the Administration’s Rebalance to Asia.

(a) A and R is true and R is the correct explanation of A.

(b) A and R is true but R is not the correct explanation of A.

(c) A is true but R is false.

(d) A is false but R is true.


3. Which of the following statement(s) about APEC is/are correct?

  1. APEC works to cater help all residents of the Asia-Pacific to participate in the growing economy.
  2. APEC secures that goods and services, investment and people move across borders without facing unnecessary hurdles.
  3. APEC is a regional economic forum set-up in 1989 to mark the growing interdependence of the Asia-Pacific.

(a) Only 1

(b) Both 1 and 3

(c) Both 2 and 3

(d) All of these.


4. How many Mega Projects have been launched in Nagaland?

(a) Two

(b) Three

(c) Four

(d) Five


5. Which of the following statement(s) about mega textile project is/are correct?

  1. Apparel and Garment making Centre in Dimapur.
  2. Muga P3 Basic Seed Station Kobulony in Mokokchung district.
  3. Integrated Eri Silk Development Project under North East Textile Promotion Scheme (NERTPS).

(a) Only 1

(b) Both 1 and 3

(c) Both 2 and 3

(d) All of these.


6. Transnational Skill Standards was launched in India on-

(a) 2 February, 2016.

(b) 21 March, 2016.

(c) 6 April, 2016.

(d) 8 May, 2016.


7. In how many post offices the Department of Post is going to offer ‘core banking solutions’?

(a) 20,000

(b) 15,000

(c) 25,000

(d) 10,000


8. How much Euros the European Investment Bank (EIB) has decided to invest for the first metro line in Lucknow?

(a) 450 million

(b) 500 million

(c) 400 million

(d) 550 million.


9. The Reserve Bank of India has cut the key interest rate by-

(a) 0.10%

(b) 0.15%

(c) 0.20%

(d) 0.25%


10. Who is the author of the book The Raven King ?

(a) Pramod Kapoor

(b) Anthony Doerr

(c) Jeffrey Archer

(d) Maggie Stiefvater



1.(b) Asia-Pacific Economic Cooperation.

  1. (a) A and R is true and R is the correct explanation of A.
  2. (d) All statements are correct.
  3. (b) On 6 April, 2016, the Union Minister Santosh Kumar Gangwer has launched three mega textile projects in Nagaland.
  4. (d) Newly approved Integrated Eri Silk Development Project under North East Textile Promotion Scheme.
  5. (c) On 6th April 2016, Union Skill Development and Entrepreneurship Minister with National Skill Development Corporation and UK-India Education and Research Initiatives has launched ‘Transnational Skill Standard in India.
  6. (c) CBS-enabled post offices permit customers to have an access to their postal savings from any of the branches where the facility is available.
  7. (a) This is the EIB’s largest ever financing in India. 450 million Euros equal to 33 billion rupees. This was announced by the President of the Bank, Werner Hoyer, at the 13th India-EU Summit held in Brussels on March 30, 2016.
  8. (d) Along with this RBI, has also introduced a host of measures to pacify liquidity supply so that banks can lend to productive sectors.
  9. (d) Maggie Stiefvater.

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