LIC AAO Exam: Current Affairs Questions

Dear Aspirants,

Current Affairs Questions for LIC AAO Exam 2019 :

The General Awareness Section of Banking Exams covers numerous sections in it like Banking Awareness, Static GK, and Current Affairs. Most of the questions in GA appear from Current Affairs section. So it becomes important for you all to cover this particular section with sincerity and seriousness. The questions on Static and Banking Awareness are related to the countries, events or anything that has been in news for a while. Knowledge of current news also helps you deal with the PI (Personal Interview) more efficiently so you do not give a mumble jumble answer to the interviewee’s simple questions. Here is a quiz on Current Affairs to let you assess your Current Affairs Knowledge.

Q1. IN – VPN BILAT EX the bilateral maritime exercise took place between the Indian Navy and________Peoples’ Navy.

Vatican City

Vanuatu

Venezuela

Vietnam

Uzbekistan

Solution:

The Indian Navy undertook the second edition of the bilateral maritime exercise between the Indian Navy and Vietnam Peoples’ Navy, (IN – VPN BILAT EX) at/ off Cam Ranh Bay, Vietnam.

Q2. General Bipin Rawat commissioned the Indian Coast Guard Ship________, third in the series of offshore patrol vessels of the Coast Guard.

Veera

Vani

Beere

Durga

Dhanush

Solution:

Chief of Army Staff General Bipin Rawat commissioned the Indian Coast Guard Ship Veera at a ceremony held at Naval Jetty at the dockyard at Vishakhapatnam, Andhra Pradesh. Veera, third in the series of offshore patrol vessels of the Coast Guard, was built by L&T at its shipbuilding facility at Kattupalli in Chennai.

Q3. Who among the following has been named the goodwill ambassador of Team India at the Street Child Cricket World Cup (SCCWC)?

Mansi Joshi

Ekta Bisht

Punam Raut

Harmanpreet Kaur

Mithali Raj

Solution:

Indian women’s cricket team captain Mithali Raj has been named the goodwill ambassador of Team India at the Street Child Cricket World Cup (SCCWC)

Q4. Which of the following Small Finance Bank (SFB) has been awarded the prestigious Celent Model Bank 2019 Award in the category of Financial Inclusion, for ‘Redesigning Lending to Reach Small Businesses’?

A U Small Finance Bank

Fincare Small Finance Bank

Equitas Small Finance Bank

Utkarsh Small Finance Bank

ESAF Small Finance Bank

Solution:

Fincare Small Finance Bank (SFB) has been awarded the prestigious Celent Model Bank 2019 Award in the category of Financial Inclusion, for ‘Redesigning Lending to Reach Small Businesses’.

Q5. Google has opened its first African artificial intelligence (AI) centre at__________.

Lusaka

Durban

Nairobi

Accra

Cape Town

Solution:

Google has opened its first African artificial intelligence (AI) centre in Ghana’s capital Accra, one year after announcing the project.

Q6. India was a net importer of steel during the 2018-19 fiscal year, the first time in_______years.

Solution:

India was a net importer of steel during the 2018-19 fiscal year, the first time in three years, as the country lost market share among its traditional steel buyers and imports jumped on demand for higher-quality steel domestically.

Q7. ADB committed to provide USD ____billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986.

12.5

Solution:

ADB committed to provide USD 3 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, stated the annual report of the multilateral lending agency.

Q8. The Palestinian President Mahmoud Abbas has appointed _________ as the new Prime Minister.

Azali Assoumani

Mohammed Ishtayeh

Mokgweetsi Masisi

Paul Biya

Joseph Ngute

Solution:

The Palestinian President Mahmoud Abbas has appointed Mohammed Ishtayeh as the new Prime Minister. Mohammed Ishtayeh will succeed Rami Hamdallah.

Q9. Which of the following bank has launched ‘NRI-Insta-Online’ account opening process for NRIs residing in the Financial Action Task Force (FATF) member countries?

Karur Vysya Bank

ICICI Bank

IDBI Bank

Dhanlaxmi Bank

HDFC Bank

Solution:

IDBI Bank has launched ‘NRI-Insta-Online’ account opening process for NRIs residing in the Financial Action Task Force (FATF) member countries.

Q10. The 8th edition of Home Expo India 2019 opened at India Expo Centre and Mart, _______.

Pune

Gurugram

Chennai

Greater Noida