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GK & Current Affairs Quiz: June 2, 2017 First Published: June 2, 2017 | Last
                          Updated:June 2, 2017 1. Which Indian organisation has won the 2017 Asia
                          Pacific Quality Network (APQN) Award? [A] Telecom Regulatory Authority of
                          India (TRAI) [B] National Assessment and Accreditation Council (NAAC) [C]
                          Indian Space Research Organisation (ISRO) [D] Defence Research and Devel-
                          opment Organisation (DRDO) Hide Answer Correct Answer: B [National
                          Assessment and Accreditation Council (NAAC)] Answer Explanation: The
                          National Assessment and Accreditation Council (NAAC) of India has won
                          prestigious International Award of Asia Pacific Quality Network (APQN) titled
                          “APQN Quality Award 2017 for International Co-operation in Quality Assur-
                          ance” in Moscow, Russia on May 26, 2017. The NAAC is an organisation that
                          assesses and accredits institutions of higher education in India. It’s headquarters is
                          located in Bangalore, Karnataka. 2. Who has been sworn-in as the new President
                          of Serbia? [A] Ivica Dacic [B] Tomislav Nikolic [C] Dragan Sutanovac [D]
                          Aleksandar Vucic Hide Answer Correct Answer: D [Aleksandar Vucic] Answer
                          Explanation: Aleksandar Vucic, the chairman of the Serbian Progressive Party
                          (SNS), has been sworn-in as the new President of Serbia on May 31, 2017 and
                          succeeded Tomislav Nikolic. He won the 2017 Serbian Presidential election by
                          55% of votes on April 2017. Prior to this post, Vucic was the Prime Minister of
                          Serbia. 3. Which state government has launched digital wallet “T-Wallet” for
                          people with and without mobile phones? [A] Karnataka [B] Odisha [C]
                          Telangana [D] Manipur Hide Answer Correct Answer: C [Telangana ] Answer
                          Explanation: The Telangana Government has officially launched a digital wallet “T-
                          Wallet”, which doesn’t charge transaction fee from consumers. This is the first
                          official e-wallet from any state government in India. The wallet can be used over
                          the web version. One can top up the wallet using credit or debit cards, Internet
                          banking or through cash at Mee Seva centres. It allows a maximum transaction of
                          Rs. 1 lakh for e-KYC (know your customer) users. For non-KYC users, the limit
                          is set to Rs. 20,000. The wallet is developed by Transaction Analysts (TA) &
                          Vijaya Bank is a banking partner for the initiative. To provide the service, the state
                          Government has tied up with Vijaya Bank. Presently, the wallet is available in
                          Android version and supports English, Telugu and Urdu. 4. What is the India’s
                          rank in the 2017 Global Peace Index, as per global think tank Institute for Eco-
                          nomics and Peace (IEP)? [A] 141st [B] 133rd [C] 155th [D] 137th Hide An-
                          swer Correct Answer: D [137th] Answer Explanation: India has ranked 137th out
                          of 163 countries on the 2017 Global Peace Index (GPI), published by The
                          Institute of Economics and Peace (IEP). The 2017 GPI provides a comprehen-
                          sive analysis on the state of peace. It shows that amidst continuing social and
                          political turmoil, the world continues to spend enormous resources on creating
                          and containing violence but very little on peace. The index is topped by Iceland,
                          followed by New Zealand, Portugal, Austria and Denmark, whereas Syria
                          remains the least peaceful country in the world, followed by Afghanistan, Iraq,
                          South Sudan, and Yemen. 5. Who is the newly appointed Executive Director
                          (ED) of Reserve Bank of India (RBI)? [A] Chandan Sinha [B] Arvind Mayaram
                          [C] S Ganesh Kumar [D] Rajiv Mehrishi Hide Answer Correct Answer: C [S
                          Ganesh Kumar ] Answer Explanation: S Ganesh Kumar has been appointed the
                          new Executive Director (ED) of Reserve Bank of India (RBI). He succeeded
                          Chandan Sinha, who has taken voluntary retirement on May 31, 2017. As
                          Executive Director (ED), Kumar will look after the departments of Information
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