Current Affairs Quiz , 27 May 2019

1) Which of the following has planned to launch ‘GlobalCoin’ cryptocurrency in 2020?

a) World Bank
b) RBI
c) United Nations
d) Facebook

Answer: d
• Facebook plans to launch its cryptocurrency by the first quarter of next year
• The currency, which is being referred to internally as “GlobalCoin,” will reportedly be available in around a dozen countries at launch, where it’s expected to offer people affordable and secure payments without the need for a bank account.

2) Mount Agung volcano which recently erupted is located in which country?

a) Indonesia
b) Japan
c) Italy
d) Argentina

Answer: a
• Bali’s airport has returned to normal operations after some flights were cancelled following an eruption of the Mount Agung volcano that spread ash over the south of the Indonesian island.
• The national disaster agency said the eruption lasted 4 minutes and 30 seconds and spread lava and incandescent rocks about 3 kilometers (1.8 miles) from the crater.

3) Bonds in which people declaring undisclosed income will be bound to invest 50 per cent is referred to as

a) Masala bond
b) Maharaja bond
c) Elephant bond
d) Panda bond

Answer: c
• A government-appointed advisory group has suggested issuance of ‘Elephant Bonds’ wherein people declaring undisclosed income will have to mandatorily invest half of that amount in these securities.

4) Orchha town which depicts the peculiar style of the Bundela dynasty is located in which state?

a) Uttarakhand
b) Madhya Pradesh
c) Odisha
d) Assam

Answer: b
• The architectural heritage of Orchha town in Madhya Pradesh which depict peculiar style of the Bundela dynasty have been included in UNESCO’s tentative list of world heritage sites following a proposal sent by the Archaeological Survey of India (ASI) to the U.N. body.

5) Pacific Vanguard naval exercise does not include which of the following countries?

a) USA
b) Australia
c) Japan
d) India

Answer: d
• Naval forces of the US and three other allied nations are participating in a combined military exercise called Pacific Vanguard on Guam and around the Marianas Island Range Complex.
• The maiden Pacific Vanguard maritime training exercise will include 3,000 personnel from the US, Australia, Japan and South Korea.