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Current Affairs Questions on 27, 28 May 2016 :
Name a week long initiative launched by the Ministry of Railways to showcase achievements during last two years.
A. Rail Humsafar Saptaah
B. Rail Humsafar Hafta
C. Week of Rail Humsafar
D. None of the above
Answer: A
Explanation: Union Ministry of Railways has launched Rail Humsafar Saptaah, a week-long initiative to highlight significant achievements made by Indian Railways in all spheres. The Rail Humsafar Saptaah starting on 26th May 2016 will conclude on 1st June 2016. The week-long initiative coincides with completion of two years of NDA Government at Centre.
RBI asked banks to upgrade ATMs to prevent the following:
A. Skimming and cloning of debit cards
B. Skimming and cloning of credit cards
C. Both of the above
D. Neither of the above
Answer: C
Explanation: RBI asks banks to upgrade ATMs to prevent cloning of cards. RBI on May 26 directed banks to upgrade all ATMs by September 2017 with additional safety measures to prevent skimming and cloning of debit and credit cards. Contact Chip processing of EMV Chip and PIN cards at ATMs would not only enhance the safety and security of transactions at ATMs but also facilitate preparedness of the banks for the proposed 'EMV Liability Shift' for ATM transactions
Aditya Birla Fashion and Retail Ltd recently acquired the rights of which of the following fashion retail brands?
A. Nalli
B. Mufti
C. Fashion Street
D. Forever 21
Answer: D
Explanation: Aditya Birla Fashion and Retail Limited (ABFRL) on 25th May said it is acquiring the online and offline rights of American fast-fashion brand Forever 21 in the Indian market, third time the US fashion brand is changing its India partner. "The Board of Directors of Aditya Birla Fashion and Retail Limited ['ABFRL'] today in-principally approved a proposal to enter into a Binding Memorandum of Understanding [MoU] with Forever 21 to acquire its exclusive online and offline rights to the global brand - Forever 21, for the Indian market and its existing store network in India from the current franchisee," a statement from Aditya Birla Fashion said.
Name the noted Marathi literary critic who died on 27 May 2016.
A. RK Sharma
B. RG Jadhav
C. C Raghavendra
D. None of These
Answer: B
Explanation: Noted Marathi critic and litterateur R G Jadhav passed away at his residence here this morning following prolonged illness. He was 83. Born on August 24, 1932, at Vadodara in Gujarat, Jadhav served as a professor of Marathi literature in various colleges, including one in Amravati, Elphinstone College in Mumbai, and also at Milind College in Aurangabad. Jadhav presided over Marathi Sahitya Sammelan held at Aurangabad in 2004 and worked as chief editor of Marathi Vishwakosha between 2000 and 2002.
- Current Affairs for May 2016 MCQs, Questions
- Current Affairs for March 2016 Month, MCQs, Objective Questions
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