07th June, 2018 Current Affairs Questions and Answers

Day Wise Current Affairs Quiz Questions and Answers on 07th June, 2018
1. Which tropical storm of the east Pacific hurricane season formed off the coast of Mexico?
[A] Sagar
[B] Aletta
[C] Irma
[D] Ockhi
[E] Damrey
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2. Which of the following will set up a Public Credit Registry (PCR) containing information on all borrowers to ensure financial stability?
[A] HDFC
[B] RBI
[C] SBI
[D] Axis
[E] PNB
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3.

Read the following satements carefully:



1.The Reserve Bank allowed banks to spread their mark-to-market (MTM) losses for the June quarter as well.



2.The central bank had also asked banks to build an Investment Fluctuation Reserve (IFR) of 5% of their holdings.



3.In April, RBI had given banks an option to spread provisioning for MTM losses recorded on their investment portfolio.



Which of the above statements is/are correct? 


[A] Only 1
[B] Only 2
[C] Only 2 and 3
[D] Only 1 and 3
[E] All are correct
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4. Who has launched an online RTI portal to help applicants seeking information under the Right To Information Act?
[A] NITI Aayog
[B] Ministry Of Information And Broadcasting
[C] The Election Commission of India
[D] Ministry of Human Resource Development
[E] None of the above
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5. In which country did a third generation EPR reactor carry out its first nuclear chain reaction?
[A] Russia
[B] USA
[C] France
[D] China
[E] North Korea
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6. The ______member monetary policy committee (MPC) of the Reserve Bank of India (RBI) increased the repo rate by 25 basis points to 6.25%.
[A] Three
[B] Four
[C] Five
[D] Six
[E] Seven
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7. What is the rank of India according to 2018 Global Peace Index?
[A] 137
[B] 140
[C] 132
[D] 136
[E] 142
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8. RBI has increased the eligibility limit for a loan to classify as priority sector lending from Rs. _____ lakh to Rs. _____ lakh.
[A] 28, 40
[B] 28, 35
[C] 27, 36
[D] 23, 34
[E] 28, 34
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9. Who has decided to allow urban co-operative banks (UCB) to convert into small finance banks (SFB)?
[A] NABARD
[B] SBI
[C] RBI
[D] PNB
[E] HDFC
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10.  India has seen a decline in its Maternal Mortality Ratio from 139 to _______.
[A] 128
[B] 132
[C] 130
[D] 135
[E] 129
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