02nd August, 2018 Current Affairs Questions and Answers

Day Wise Current Affairs Quiz Questions and Answers on 02nd August, 2018

The recently tested 'Advanced Air defence interceptor missile',which being developed as part of the Ballistic Missile Defence system, can intercept______.

1. Short-range ballistic missiles

2. Medium-range ballistic missiles

3. Long-range ballistic missiles

[A] Only 1
[B] Only 2
[C] Only 3
[D] Both 1 and 2
[E] All of the above
2. What is the tagline for Geographical Indications launched by Suresh Prabhu?
[A] Invaluable Treasures of India
[B] Geographical Indications: Treasures of India
[C] Preserve the invaluable treasures of India
[D] Invaluable Treasures of Incredible India
[E] None of the above
3. Where has a 2-day Indo-US Military Cooperation Meeting begun as a prelude to 2 plus 2 Dialogue between the 2 countries?
[A] New Delhi
[B] Chicago
[C] Boston
[D] Ranchi
[E] Patna
4. Ministry of textiles and Ministry of Power has recently launched __________ initiative in the power loom sector.
5. With which country has India signed agreements on financial and technical cooperation worth Rs 5,250 crore?
[A] Russia
[B] Japan
[C] Germany
[E] Australia
6. NITI Aayog has launched ________, a global mobility hackathon to crowdsource solutions aimed at the future of mobility in India.
[A] Hack India
[B] Move Hack
[C] E-mobility
[D] Hack Earth
[E] None of the above

Read the following statements carefully:

1.The Cabinet approved a policy framework for hydrocarbons' exploration, permitting private companies to exploit unconventional hydrocarbons, including shale gas and coal bed methane (CBM), from their existing acreages.

2.Prior to this, field operators were not allowed to explore unconventional hydrocarbons.

3.An additional 10% profit petroleum will be levied for new CBM discoveries.

Which of the above statements is/are true?

[A] Only 2
[B] Only 1 and 2
[C] Only 1 and 3
[D] Only 2 and 3
[E] All are correct
8. The government extended the Concessional Financing Scheme (CFS) till ______ to support Indian entities bidding for important infrastructure projects abroad.
[A] 2020
[B] 2022
[C] 2023
[D] 2024
[E] 2025
9. The Cabinet approved amendments to the GST laws, including the hike in turnover threshold for businesses to avail the composition scheme to Rs _____ crore.
[A] 1
[B] 1.5
[C] 2
[D] 2.5
[E] 3
10. Where will the dragonfly festival be organised from Aug 3 to Sept 1?
[A] Pune
[B] Patna
[C] New Delhi
[D] Kanpur
[E] Ranchi