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Current Affairs 22-03-2019

1. 
What is the new rate slashed by GST Council for construction flats during its 34thGST Council?
A.5%
B.8%
C.12%
D.15%
Answer: Option A
Explanation:
Union Finance Minister Arun Jaitley chaired 34th meeting of the Goods and Services Tax Council in New Delhi. It discussed the operational details for implementation of the recommendations made by the 33rd meeting of the council. The tax rate for under construction flats slashed to 5% and affordable homes to 1% without input tax credit (ITC) by the GST Council. Currently 12% GST is levied with input tax credit on payments made for under construction properties. It will be effective from April 1st. The council approved transition plan for new tax rates on residential properties. The developers of under construction buildings may either opt to shift to the revised lower rates without input tax credit or stick on to the previous rates.For housing projects launched after April 1st, the developers need to follow the new GST rates recommended by the Council. As per the council the changes will boost the real estate selling and ensure the rate cut benefits on to the middle class home buyers.
2. 
22nd March was observed as International World Water Day. The theme for World Water Day 2019 is;
A.Clean Water for a Healthy World
B.Water and Sustainable Development
C.Better Water, Better Jobs
D.Leaving no one behind
Answer: Option D
Explanation:
International World Water Day is held annually on 22 March as a means of focusing attention on the importance of freshwater and advocating for the sustainable management of freshwater resources. The theme for World Water Day 2019 is 'Leaving no one behind,' which is the central promise of the 2030 Agenda for Sustainable Development.
3. 
Who among the following was honoured with Vyas Samman 2018?
A.Leeladhar Jagudi
B.Manglesh Dabral
C.Vinod Kumar Shukla
D.Kunwar Narayan
Answer: Option A
Explanation:
Hindi writer Leeladhar Jagudi honoured with Vyas Samman 2018 for his collection of poems "Jitne Log Utne Prem" published in 2013. The award carries an amount of Rs. 4 lakhs and it was started by K K Birla foundation in 1991. He has received Padma Shri in 2004 and Sahitya Akademi Award, Akashvani National Award and Uttarakhand Gaurav Samman as well.
4. 
Recently, Kazakhstan renames its capital Astana as;
A.Kozlov
B.Massimov
C.Nursultan
D.Ablyazov
Answer: Option C
Explanation:
Kazakhstan has renamed its capital Astana to Nursultan to honor outgoing leader Nursultan Nazarbayev. Mr. Nazarbayev, 78, served nearly 30 years as president of the nation. The change was announced after Kassym-Jomart Tokayev was sworn in as president, promising to seek his predecessor's opinion on key decisions.
5. 
Name the Indian-origin politician who created history in the House of Commons of Canada as the first non-white leader of a major opposition party in the country.
A.Hardial Bains
B.Parm Gill
C.Jagmeet Singh
D.Herb Dhaliwal
Answer: Option C
Explanation:
Indian-origin Jagmeet Singh made history in the House of Commons, a component of Canada's Parliament, as the first non-white leader of a major opposition party in the country. Singh, 40, the leader of the New Democratic Party, was elected in federal by-elections held on February 25. Singh's first words as an elected lawmaker were about last week's terrorist attack on two mosques in New Zealand.
6. 
This state assembly passed a Maintenance of Household Registers Bill, 2019 to detect illegal foreigners.
A.Meghalaya
B.Nagaland
C.Assam
D.Mizoram
Answer: Option D
Explanation:
Mizoram Assembly passed a new bill named Mizoram Maintenance of Household Registers Bill, 2019 with an objective to detect foreigners illegally residing in Mizoram,who takes away the benefits of the citizen of Mizoram. As per the Bill, the Assembly will create the 2 registers namely one for the citizen residents and another for non-citizen residents of a village/area/town. This register comprises the name, details and passport size photographs of every individual in the state. The information furnished by the individual was verified by the president of the local branch of the state-level NGOs.
7. 
Kassym-Jomart Tokayev was sworn in as president of which country?
A.Kazakhstan
B.Mongolia
C.Belarus
D.Georgia
Answer: Option A
Explanation:
78-year old Kazakhstan President Nursultan Nazarbayev announced his resignation after nearly three decades in power without stating any specific reason. He served as the first and only President of Kazakhstan, from 24 April 1990 until his resignation on 19 March 2019. Nursultan Nazarbayev will be succeeded by Kassym-Jomart Tokayev (65).
8. 
Which country bans Assault Weapons recently?
A.New Zealand
B.Russia
C.South Africa
D.Canada
Answer: Option A
Explanation:
New Zealand has imposed an immediate ban on assault weapons following the Christchurch massacre that claimed the lives of 50 mosque-goers. Prime Minister of New Zealand Jacinda Ardern announced assault rifles and military-style semi-automatic weapons would be banned with immediate effect, making a pledge to ensure that nothing like Christchurch massacre ever occurs in the Pacific nation again.
9. 
Vodafone Idea has approved ₹25,000 crore rights issue at how much percentage of discount?
A.60%
B.42%
C.55%
D.65%
Answer: Option A
Explanation:
India's largest telecom firm Vodafone Idea announced its board has approved ₹25,000 crore rights issue at a discount of around 60% to the current share prices. Vodafone Group and the Aditya Birla Group would contribute ₹11,000 crore and ₹7,250 crore, respectively. The issue will increase the number of Vodafone Idea shares by 229%. Vodafone Idea stock fell as much as 7.6 per cent to Rs. 29.60, its steepest intraday fall in almost two months.
10. 
Organisers of the Tokyo 2020 Olympics unveiled which shaped torch for the 2020 Olympics?
A.Trumpet-Shaped
B.Cherry-Blossom
C.Stellate-Shaped
D.Cruciform-Shaped
Answer: Option B
Explanation:
The organizers of the 2020 Summer Games in Tokyo have chosen a Japanese motif - the cherry blossom for their Olympic torch. The design, unveiled,makes use of not only a traditional "Sakura-mon" blossom emblem but also the same aluminum extrusion technology used in the manufacture of the country's well-known bullet trains. It will generate five flames from a cluster of petal-shaped cylinders.The torch is made using the same cutting-edge technology as in the production of japan's bullet trains and is formed of a seamless, single piece of aluminium. It measures 71cm in length and weighs 1.2kg.
11. 
India bags 368 medals in the Special Olympics Games 2019. It includes how many Gold medals?
A.92
B.85
C.88
D.97
Answer: Option B
Explanation:
India returned with 368 medals (85 gold, 154 Silver, and 129 Bronze) at the Special Olympics World Summer Games, held at Abu Dhabi, UAE. Indian powerlifters bagged the maximum number of medals 20 gold, 33 silver and 43 bronze. Roller Skating earned India 49 medals 13 gold, 20 silver and 16 bronze. In cycling, the Indians won 11 gold, 14 silver and 20 bronze to total 45 medals, while the country's track and field athletes returned with 39 medals 5 gold, 24 silver and 10 bronze.
12. 
Asian Development Bank will invest __________ million in solar energy project developer Avaada Energy Pvt Ltd.
A.45
B.50
C.38
D.30
Answer: Option B
Explanation:
Asian Development Bank (ADB) has inked an agreement to invest USD 50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will come equally from ADB's Ordinary Capital Resources and Leading Asia's Private Infrastructure Fund (LEAP). LEAP is a funding arrangement provided by Japan International Cooperation Agency (JICA) which is administered by ADB.

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