1st, 2nd April 2016 Current Affairs MCQs

1st, 2nd April 2016 Current Affairs MCQs, Quiz, Questions: Current Affairs for April 2016, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

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Current Affairs Questions on 1st, 2nd April 2016 :
Germany’s KfW on 1st April 2016 annouce to provide a loan give 500 million Euro loan to ----- Metro Rail ?
A. Jaipur
B. Kochi
C. Nagpur
D. Lucknow
Answer: C
Explanation: German Government’s Development Bank KfW will provide a loan assistance of EUR 500 million (about Rs.3,750 cr) for the modern and sustainable metro system for Nagpur city being executed by Nagpur Metro Rail Corporation Limited (NMRCL). This is First German assistance to Metro project in India. Costing Rs.8,680 cr (EUR 1,240 million), Nagpur Metro is the first metro to be financed under the Indo German partnership for clean, socially inclusive and climate friendly mobility for people in cities.

Who is appointed Secretary (Urban Development) on 1st April 2016 ?
A. Rajiv Gauba
B. Rajeev Maharshi
C. Ashok Khemka
D. None of above
Answer: A
Explanation: Rajiv Gauba, IAS (Jharkhand cadre-1982 batch) on 1st April 2016 took over as Secretary to the Government of India in the Ministry of Urban Development.  He was Chief Secretary, Jharkhand for 15 months before joining the central government today. Earlier, Shri Gauba served in the central government in the Ministries of Home, Defence, Finance, Environment and Forests and Department of Electronics and Information Technology in senior positions.

Which State /UT is declared Kerosene Free from April 1, 2016 ?
A. Goa
B. Chandigarh
C. Delhi
D. Gujarat
Answer: B
From 1st April, 2016, Chandigarh will be declared kerosene free, with the efforts of the city Administration and Oil Marketing Companies. Thus, no further distribution of subsidized kerosene will be done in Chandigarh from the month of April, 2016 onwards. During this campaign, a total of 15,249 LPG connections were provided in Chandigarh city, including 1574 for BPL households.

Flipkart acquired UPI-based payments start-up ----------- in April 2016 ?
A. RuPay
B. PhonePe
C. Billdesk
D. m-Paisa
Answer: B
Explanation: E-commerce website Flipkart on 1 April 2016 announced that it has acquired payments start-up PhonePe Internet Pvt. Ltd. The start-up PhonePe was launched in December 2015 by former Flipkart executives Sameer Nigam, Rahul Chari and Burzin Engineer. As per the deal of acquisition, PhonePe will function as an independent business unit. The details of the transaction were not disclosed, however, the deal is not cash transaction. PhonePe is Flipkart’s third major acquisition in payments, after it bought payments start-up NGPay in 2014, and FX Mart Pvt. Ltd, which owns a prepaid wallet licence, in August 2015.

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