Important Current Affairs of February 2018 Part-1


Q.1 According to 6th Bi-monthly Monetary policy 2017-18, what is the current Repo Rate?

(A) 6.5%

(B) 4%

(C) 6%

(D) 7.5%

(E) 7%

Q.2 The European Union (EU) has announced how much new funding package to help the Palestinians build their new state?

(A) 37.5 billion dollar

(B) 42.5 million dollar

(C) 32.5 billion euros

(D) 42.5 million euros

(E) 40 million dollar


Q.3 In the global Intellectual Property (IP) index, what is the rank of India out of 50 nation?

(A) 37th

(B) 40th

(C) 44th

(D) 42th

(E) None of these


Q.4 The union Finance Minister ‘Arun Jaitely’ has inaugurated India’s first sentiment index _______ for micro and small enterprises developed jointly by SIDBI and CRISIL.

(A) CodSidEx

(B) IndCriEx

(C) SidCriEx

(D) CobDobEx

(E) CriSidEx


Q.5 Which of the following has announced development plans worth Rs. 1,918 crores for Punjab to supplement farmers’ income?




(D) Development bank

(E) None of these


Q.6 Which Bank launched its new Sonic Identity, essentially a musical logo called MOGO?



(C) IDBI Bank

(D) IndusInd



Q.7 Asian Development Bank (ADB) and Centre signed a loan agreement of how much money for construction of roads in five states? 

(A) 200 mn dollar

(B) 150 mn dollar

(C) 250 mn dollar

(D) 300 mn dollar

(E) None of these


Q.8 India has signed a loan agreement with which of the following Bank for 100 million dollars for Rajasthan Water Sector Restructuring Project for Desert Areas?

(A) Asian Development Bank

(B) United Nations

(C) World Bank

(D) Bank for International Settlements

(E) New Development Bank


Q.9 Who is the brand ambassador of Punjab National bank?

(A) Anushka Sharma

(B) Virat Kohli

(C) Amitabh Bachchan

(D) Sachin Tendulkar

(E) None of these


Q.10 The Reserve Bank of India has launched which Scheme for non-banking financial companies (NBFC) for redressal of complaints against them?

(A) Ombudsman

(B) Bamboo

(C) Sachet

(D) Shikayat

(E) None of these

Answer 1. (C) 6%

Answer 2. (D) 42.5 million euros

Answer 3. (C) 44th

Answer 4. (E) CriSidEx

Answer 5. (B) NABARD

Answer 6. (D) IndusInd

Answer 7. (C) 250 mn dollar

Answer 8. (E) New Development Bank (NDB)

Answer 9. (B) Virat Kohli

Answer 10. (A) Ombudsman

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