1, 2 July 2019 GK, Current Affairs Quiz, Questions

1, 2 July 2019 Current Affairs MCQs, Quiz, Questions: Current Affairs for July 2019, 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 1, 2 July 2019 :
What is the full form of NEFT?
A. National Electronic Funds Transfer
B. National email Fund transfer
C. Neutral electronic fund transfer
D. None of these
Answer: A
Explanation: The full form of NIIF is National Investment and Infrastructure Fund.National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI). Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology (IDRBT). NEFT enables bank customers in India to transfer funds between any two NEFT-enabled bank accounts on a one-to-one basis. Banks to incur zero cost for NEFT, RTGS transactions from July 1, 2019.

Name the bill passed by parliament, that allowed trusts to establish units in Special Economic Zone (SEZs) .
A. Special Economic Zones Bill, 2019
B. Special Economic Zones for Trusts Bill, 2019
C. Special Economic Zones (Amendment) Bill, 2019
D. Special Economic Zones (Updated) Bill, 2019
Answer: C
Explanation: The Parliament passed The Special Economic Zones (Amendment) Bill, 2019 which became the first legislation to be passed by the newly constituted 17th Lok Sabha. It will replace the Special Economic Zones (Amendment) Ordinance, 2019, which was promulgated in March 2019 and amends Special Economic Zones (SEZ) Act 2005.The new bill amends the definition of “person” under Section 2(v) of the SEZ Act 2005 to include ‘trusts’. SEZs Act, 2005, did not permit ‘trusts’ to set up units in SEZs.According to the law, an individual, a Hindu divided family, a company, co-operative society or a firm fall in the definition of a “person”.As on March 31, 2019, the investment in SEZs was over Rs 5 lakh crore and the employment was over 20 lakh in SEZs. Exports from SEZs was more than Rs 7 lakh crore.

Which Country has left membership of International Whaling Commission and resumed hunting whales?
A. China
B. USA
C. Japan
D. South Korea
Answer: C
Explanation: Japanese fishermen have set sail to hunt whales commercially for the first time in more than three decades after Tokyo’s controversial decision to withdraw from the International Whaling Commission.

Veer Chotrani was in news recently, he is associated with which sport ?
A. Table Tennis
B. Tennis
C. Badminton
D. Squash
Answer: D
Explanation: Veer Chotrani became third Indian after he won 26th Asian junior Individual squash championship 2019 in the U-19 category at Macau, China. It was organized by Macau Squash Association. He beat another Indian seed Yash Fadte at final. Ravi Dixit and Vela Senthilkumar were the earlier Asian junior Individual squash champions from India.In the girls’ U-15 final, India’s Yuvna Gupta settled for silver after she lost to Aira Binti Azman of Malaysia.

Which state government approved amendment in the Factory Act of 1948 to allow women for working in the night shift?
A. Madhya Pradesh
B. Goa
C. Punjab
D. Tamil Nadu
Answer: B
Explanation: Now women can work in the night shifts in Goa. This is an important step in the direction of the Goa government towards empowerment of women. It is administered by the Ministry of Labor and Employment, by Directorate of Factory Counseling Services and Labor Institute.

Who has won the 2019 Austrian Grand Prix?
A. Lewis Hamilton
B. Sebastian Vettel
C. Max Verstappen
D. Valtteri Bottas
Answer: C
Explanation: Red Bull’s Max Verstappen (Belgium) beat Ferrari’s Charles Leclerc and won the 2019 Austrian Grand Prix. Mercedes Valtteri Bottas who met continuous wins finishes with third and Ferrari’s Sebastian Vettel became fourth.Five-times world champion, Mercedes Lewis Hamilton finished with fifth place............Check More at INDIA GK" App: tinyurl.com/IndiaGK

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