04,January, 2019 Current Affairs - Daily Current Affairs
04,January, 2019
Current Affairs - Daily Current Affairs
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1.
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Which of the following become the
country's largest asset management company?
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Answer: Option A
Explanation:
HDFC Mutual Fund
has pipped ICICI Prudential MF to become the country's largest asset
management company after a gap of over two years. As of December-end, HDFC MF
manages assets to the tune of Rs 3.35 lakh crore, while those of ICICI
Prudential MF stood at Rs 3.08 lakh crore, as per the latest data available
with Association of Mutual funds in India. The assets under management (AUM)
of HDFC MF have grown over 9% in October-December quarter from the previous
three-month period, however, ICICI Prudential MF's AUM slipped by 0.6% during
the period under review.
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2.
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Name of the IIT professor who was
honoured with the National Geospatial Award for Excellence -2017.
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Answer: Option D
Explanation:
IIT Roorkee
professor Jayanta Kumar Ghosh was felicitated with the National Geospatial
Award for Excellence -2017 (Life Time Achievement Award) by the Indian
Society for Remote Sensing for his contribution towards the development of
geospatial science and applications. The award which carries a citation, a
medal and Rs.1,00,000 was conferred to J. K. Ghosh, a professor at the civil
engineering department of the IIT Roorkee on 5th December 2018 at SAC (Space
Application Centre) Ahmedabad. The Indian Society for Remote Sensing is an
organisation known in the area of space science, remote sensing and
geo-spatial technology.
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3.
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Which Atomic Power Station set world
record for longest uninterrupted operation?
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Answer: Option B
Explanation:
Karnataka's
Kaiga Atomic power station created a world record for the longest
uninterrupted operation for 962 days on December 10. It had earlier set a
record of 941 days. The earlier record of 940 days by Heysham-2 unit 2 was
set by the United Kingdom. Generating Station-1 (KGS-1) at Kaiga in Uttara
Kannada, Karnataka has now been shut down for maintenance after 962 days of
operation. It will be commissioned again after the maintenance activities.
Nuclear Power Corporation of India (NPCIL) said that during its continuous
operation of 962 days KGS-1 had produced 5 billion units of electricity at a
plant load factor of 99.3%. Kaiga has four indigenously developed Pressurised
Heavy Water Reactors of 220 MW each fuelled by domestic fuel. Of them, KGS-2
has been operating since the last 661 days.
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4.
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The Union Home Ministry renamed Allahabad
as;
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Answer: Option A
Explanation:
The Union Home
Ministry approved a Uttar Pradesh government proposal to rename Allahabad as
Prayagraj. In October 2018, the UP government had proposed the change in name
of Allahabad to Prayagraj. The Home Ministry clears the name change proposals
after the Ministry of Railways, the Department of Posts and the Survey of
India confirm that no city, town or village has similar names.
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5.
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Which banks signs a bancassurance pact
with SBI Life Insurance to offer a comprehensive financial planning solution
to its customers?
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Answer: Option D
Explanation:
Syndicate Bank
and SBI Life Insurance signed a bancassurance pact aiming to offer a
comprehensive financial planning solution to its customers. The pact was
signed between Syndicate Bank MD & CEO, Mrutyunjay Mahapatra and MD and
CEO of SBI Life, Sanjeev Nautiyal. Through the pact, Syndicate Bank will
provide penetration in the market with its 3,000 branches and SBI Life's
diverse range of protection, wealth creation and savings insurance products
will be brought to the table to the customers.
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6.
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Which state CM launched a KALIA scheme
for farmers?
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Answer: Option C
Explanation:
Chief Minister
of Odisha, Naveen Patnaik, launched a Rs 10,180-crore scheme,for overall
development of small, marginal and landless farmers, dubbed as 'The Krushak
Assistance for Livelihood and Income Augmentation (KALIA)' scheme. This
scheme consists of a life insurance of Rs.2 lakh for 57 lakh farmers and
would grant them crop loans at zero percent interest. Also,financial
assistance of Rs 10,000 per farmer family per annum to around 30 lakh small
and marginal farmers' families. Furthermore,Rs. 5000 would be given to
farmers for Rabi cultivation and equal amount will be given for Kharif
Cultivation.
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7.
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What type of improved aircraft did the
Indian Air Force (IAF) ask Hindustan Aeronautics Limited (HAL) to make after
getting clearance from military airworthiness certifier CEMILAC?
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Answer: Option C
Explanation:
Light Combat
Aircraft (LCA) Tejas progressed towards manufacture in an enhanced, battle
standard format on December 31. The LCA is being designed and developed by
the Aeronautical Development Agency (ADA) in Bengaluru. A new limited
clearance from military airworthiness certifier CEMILAC for the Indian
fighter green-lights its production in a superior lethal version. HAL aims to
get the first aircraft out in late 2019. The Indian Air Force (IAF) has asked
Hindustan Aeronautics Limited (HAL) to make 40 LCA aircraft. Of this, 20 will
be in the advanced Final Operational Clearance (FOC) format. Another 20 are
in the earlier Initial Operational Clearance (IOC) version. The IAF has
modified and upgraded its trainer requirement in its old package order of 40
LCA aircraft.
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8.
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This city aims for 7 star rating under
the Swachh Bharat Mission.
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Answer: Option A
Explanation:
The Mysuru City
Corporation (MCC) aims for a 7-star under the Swachh Bharat Mission 2019.
Under this mission, the garbage-free cities will be awarded star ratings as
per the revised protocols of the Ministry of Housing and Urban Affairs
(MoHUA). The new survey is launched across the country from 4th January 2019.
MoHUA has set various parameters such as door-to-door garbage collection,
waste disposal, scientific handling of landfills, disposal of construction
and demolition debris, and segregation of waste at the source for the
rankings. As per the vision enunciated under the Swachh Bharat Mission, 100%
of waste generated in a city should be scientifically managed, and measures
are taken for visible beautification of the city.
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9.
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Who has been appointed as the new Chief
Justice of Pakistan?
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Answer: Option D
Explanation:
Justice Asif
Saeed Khosa will take oath of his office on January 18 a day after incumbent
CJP Justice Saqib Nisar retires on January 17. Justice Khosa has been a
senior Justice of the Supreme Court of Pakistan since 31 December 2016. He
will remain as the top judge of Pakistan till December 20, 2019.
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10.
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Who signed an Asia Reassurance Initiative
Act Into Law recently?
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Answer: Option C
Explanation:
U.S. President
Donald J. Trump signed into law the Asia Reassurance Initiative Act (ARIA),
which passed the U.S. Senate earlier in December. According to the White
House, the act establishes a multifaceted U.S. strategy to increase U.S.
security, economic interests, and values in the Indo-Pacific region.
Specifically, the ARIA will authorize $1.5 billion in spending for a range of
U.S. programs in East and Southeast Asia and develop a long-term strategic
vision and a comprehensive, multifaceted, and principled United States policy
for the Indo-Pacific region, and for other purposes.
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11.
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Which football team have been awarded the
Legion of Honour in the New Year's honours list?
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Answer: Option A
Explanation:
France's
football team which last year defeated Croatia to win the World Cup were
awarded the Legion of Honour, France's highest award for "exceptional
service" to the nation, in the New Year's honors list. The football
World Cup 2018 at Russia was France's second World Cup title, after the 1998
World Cup. Each of the 23 players of the French football team, including star
strikers Kylian Mbappe and Antoine Griezmann, received France's top medal for
their part in beating Croatia in the World Cup final in Moscow.
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12.
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Who will allows Custodial Services In
Commodity Market?
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Answer: Option C
Explanation:
Markets
regulator Securities and Exchange Board of India (SEBI) has allowed custodial
services in the commodity derivatives market. The move is aimed at enabling
the participation of institutional investors such as mutual funds and
portfolio managers in the commodity derivatives market. Under the new
framework, existing custodians will be permitted to add commodities as an
asset class and provide physical delivery of both the securities and
commodities. Currently, the regulation on the custodian of securities
provides safekeeping of securities, gold or gold related instruments, title
deeds of real estate and incidental services.
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13.
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Which life insurance uses WhatsApp to
deliver policy, renewal premium?
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Answer: Option B
Explanation:
Bharti AXA Life
Insurance started delivering policies and renewal premium receipt to
customers via instant messaging platform WhatsApp as a part of its
alternative service option to the policyholders. Bharti AXA Life Insurance, a
joint venture between Bharti Enterprises and French Insurance major AXA is
one of the first few insurers to provide the option of policy contract,
renewal premium receipts and claim intimation through WhatsApp.
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14.
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What is the theme of the 106th edition of
Indian Science Congress?
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Answer: Option D
Explanation:
The 106th Indian
Science Congress (ISC-2019) has been inaugurated by Prime Minister Narendra
Modi at Lovely Professional University (LPU) in Jalandhar, Punjab from 3rd
January 2019. The theme of the 5-day science congress is 'Future India:
Science & Technology'. Approx 30,000 delegates, including 300 top
scientists and Nobel Laureates from across world are attending the congress.
In it, around 100 plus conferences and events of scientific and technology
origin will also be held, where eminent personalities from DRDO, ISRO, DST,
AIIMS, UGC, AICTE, and many elite universities of the USA, UK, India and
other countries will participate. The event will play a pivotal role in
stimulating scientific research effort and raising the scientific temperament
in the country and the world. There will also be four parallel mega events,
including the children's science conference; women's science conference;
science communicators' meet; and, science exhibition. The exhibition will see
participation from the national and international science companies,
especially from the US, Australia, Germany and Switzerland.
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15.
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The Union Cabinet approved a MoU between
India and this country on Cooperation in the area of Cyber Security.
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Answer: Option C
Explanation:
The Union
Cabinet chaired by Prime Minister Narendra Modi approved an MoU between India
and Morocco on Cooperation in the area of Cyber Security. It also approved an
Apprised of Progress under NHM and Decisions of Empowered Programme Committee
and Mission Steering Group of NHM. Proposal to allot land to Chandigarh
Housing Board for construction of apartments for 3930 allottees under
Self-Financing Housing Scheme for UT Employees.
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16.
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The World's 1st female who amputee to
scale Antarctica's Highest Peak is;
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Answer: Option B
Explanation:
Arunima Sinha,
the first female amputee to have conquered Mt Everest, created yet another
record as she became world's first woman amputee to climb Mount Vinson, the
highest peak in Antarctica. Apart from Mount Everest, the 30-year-old has
climbed the highest peaks of five continents and plans to do so in all seven.
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17.
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This ministry imposed an anti-dumping
duty for 18 months on a Chinese synthetic rubber, recently.
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Answer: Option D
Explanation:
The Ministry of
Commerce and Industry, Government of India, is mulling to impose anti-dumping
duty for 18 months on a Chinese synthetic rubber 'fluoroelastomers' used in
automobile and other industries in order to minimize the impact of dumped
imports. The proposal in this regard was considered after the investigative
arm of Commerce ministry, Directorate General of Trade Remedies (DGTR)
initiated the probe in January 2018 following a complaint from Gujarat Fluor
chemicals which alleged dumping of the product. The DGTR said that the
product has been exported to India from China at below its normal value,
which has resulted in dumping and recommended a duty which ranges between
$0.078 -$7.31 per kilogram. The final decision to impose the duty would be
taken by Ministry of Finance. The duty which is imposed under the under the
multilateral regime of World Trade Organization (WTO) is aimed at ensuring
fair trading practises and creating a level-playing field for domestic
producers with regard to foreign producers and exporters.
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18.
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The 44th Global Summit of the
International Advertising Association was held in __________.
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Answer: Option B
Explanation:
The 44th Global
Summit of the International Advertising Association (IAA) will be held in
Kochi from February 20 to 22, 2019. The theme of the summit is 'Brand
Dharma'. It is for the first time an Indian city is hosting the summit. The
last three summits were held in Washington DC, Moscow and Beijing.
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