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GK & Current Affairs Quiz: June 7, 2017 First Published: June 7, 2017 | Last
                    Updated:June 7, 2017 1. India has signed pact with which neighboring country to
                    provide $318 million as line of credit for railway projects? [A] Sri Lanka [B] Nepal [C]
                    Bhutan [D] Bangladesh Hide Answer Correct Answer: A [Sri Lanka] Answer Explana-
                    tion: India has signed an agreement with Sri Lanka to provide fresh assistance of $318
                    million credit line to develop the island nation’s railway sector. The agreement was
                    signed in Colombo, Sri Lanka on June 6, 2017. India has already provided four Lines
                    of Credit for the development of railway sector in Sri Lanka through its EXIM bank
                    amounting to approximately $966 million. These credit facilities have been utilized to
                    improve the Southern and Northern railway lines and for the procurement of rolling
                    stocks for the Sri Lanka Railways. 2. Who has been sworn-in as the new Prime minis-
                    ter of Nepal? [A] Bam Bahadur Kunwar [B] Sher Bahadur Deuba [C] Tribhuvan Bir
                    Bikram Shah [D] Kirti Nidhi Bista Hide Answer Correct Answer: B [Sher Bahadur
                    Deuba] Answer Explanation: Sher Bahadur Deuba, the Nepali Congress President, has
                    been sworn-in as the new Prime minister of Nepal at Rashtrpati Bhawan in Kathmandu,
                    Nepal. Deuba has taken the charge of prime minister for the 4th time. He first became
                    PM in 1995 and later in 2001 and 2004. The 2017 Election for new prime minister was
                    held due to resignation by the CPN (Maoist Centre) Chief Pushpa Kamal Dahal from
                    the post of prime minister. Dahal had resigned on May 24 as per the power sharing
                    understanding with the coalition partner Nepali Congress. 3. Which union minister has
                    launched “Skills for life, Save a life” initiative to promote skill development in the health
                    sector? [A] Maneka Gandhi [B] Narendra Modi [C] J P Nadda [D] M. Venkaiah
                    Naidu Hide Answer Correct Answer: C [J P Nadda] Answer Explanation: J P Nadda,
                    the Union Minister for Health and Family Welfare, has launched “Skill for Life, Save a
                    Life” initiative in New Delhi to promote skill development in the health sector. The
                    purpose of the initiative is to upscale the quality and quantity of trained professionals in
                    the healthcare system. Under this initiative various courses are planned in specific
                    competencies for healthcare professionals as well as for general public. 4. What is the
                    current repo rate, as per 2nd bi-monthly monetary policy review for 2017-18 of the
                    Reserve Bank of India (RBI)? [A] 6.50% [B] 6.75% [C] 6.55% [D] 6.25% Hide
                    Answer Correct Answer: D [6.25%] Answer Explanation: As per second bi-monthly
                    monetary and credit policy review for 2017-18 of the Reserve Bank of India (RBI), the
                    policy repo rate under the liquidity adjustment facility (LAF) remain unchanged at
                    6.25%. Consequently, the reverse repo rate under the LAF remains at 6.0%, Cash
                    Reserve Ratio (CRR) remains at 4% and the Marginal Standing Facility (MSF) rate
                    and the Bank Rate at 6.50%.Though, the Central bank has cut the Statutory Liquidity
                    Ratio (SLR) by 0.5%. It has projected inflation in the range of 2% to 3.5% for first half
                    of 2017-18 and 3.5% to 4.5% for the second half. It has also cut the growth projection
                    for current fiscal to 7.3% from 7.4%. 5. Who has been appointed as the new chief of
                    Copyrights office? [A] Hoshiar Singh [B] Pradeep Dubey [C] Nripendra Mishra [D]
                    Omita Paul Hide Answer Correct Answer: A [Hoshiar Singh] Answer Explanation:
                    Hoshiar Singh, a 1994 batch officer of the Indian Telecom Service, has been appointed
                    as new Registrar of Copyrights for a period of five years. The Office of Copyrights,
                    under the Department of Industrial Policy and Promotion (DoPT) is mandated to
                    protect the music and film industry besides addressing its concerns, among others.
                    According to norms, the Copyright Office is under the immediate control of a Registrar
                    of Copyrights, who acts under the superintendence and directions of the Central
                    Government. The headquarters is located in New Delhi. 6. Which Indian personality
                    has joined UNICEF’s ‘Super Dads’ campaign? [A] Amitabh Bachchan [B] Sachin
                    Tendulkar [C] Shah Rukh Khan [D] Rajyavardhan Singh Rathore Hide Answer Cor-
                    rect Answer: B [Sachin Tendulkar] Answer Explanation: Sachin Tendulkar has joined
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