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23, 24 August 2017 Current Affairs Quiz, MCQs

23, 24 August 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for August 2017Daily 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 23, 24 August 2017 :
Which Railway Board member resigns on 23rd August?
A. A.K. Mital
B. Suresh Prabhu
C. Sukhbir Singh
D. Pradeep Kumar
Answer: A
Explanation: Railway Board member A.K. Mital resigns on 23rd August 2017 as Board Member after severl train accicent in last 1 year. This comes after two express trains derailed in the last four days. In July, Mital became the first Railway Board chairman in history to be granted a two-year extension. His appointment was cleared by the Prime Minister’s Office. ...Check FULL Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK

Essar Oil announced to sale its India assets which company for $12.9 billion?
A. British Oil
B. Oil America
C. Rosneft
D. Swastik
Answer: C
Explanation: Essar Oil on 21 August 2017 announced the sale of its India assets to the Russian government controlled Rosneft for $12.9 billion. This deal is the largest foreign direct investment (FDI) into India till date and also the largest outbound investment from Russia....Check FULL Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK

Government on 23rd August notifies which new Note?
A. Rs 200 note
B. Rs 5000 note
C. Rs 400 note
D. Rs 30 note
Answer: A
Explanation: Government on 23rd August gave its go ahead to the RBI to issue 200 rupee notes that will ease pressure on lower-denomination currency bills. Finance Ministry, in a notification, said that on the recommendations of the Central Board of Directors of the RBI, government has notified bank notes of 200 rupees....Check FULL Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK

What is new income limit for OBC 'Creamy Layer'?
A. 10 Lakh per year
B. 7 Lakh per year
C. 8 Lakh per year
D. 3 Lakh per year
Answer: C
Explanation: Government on 23rd August announced that a new commission will be set up to find out the extent of inequitable distribution of benefits of reservation among the other backward classes (OBC). ...Check FULL Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK

Supreme Court on 24th August declared ..... as a Fundamental right ?
A. Right to Jobs
B. Right to pay
C. Right to Medicine
D. Right to privacy
Answer: D
Explanation: Supreme Court on 24th August declared right to privacy as a Fundamental right under the Constitution. A nine-judge Constitution bench headed by Chief Justice J S Khehar ruled that right to privacy is protected intrinsically as part of rights guaranteed under Article 21 of the Constitution. Others members of the bench comprising Justices J Chelameswar, S A Bobde, R K Agrawal, R F Nariman, ...Check FULL Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK

Who is appoined appointed Chairman of Infosys board on 24th August 2017?
A. Nandan Nilekani
B. Ravi Venkatesan
C. Vishal Sikka
D. John Etchemendy
Answer: A

Explanation: Infosys on 24th August said it has brought in Nandan Nilekani, one of the company’s co-founders, as non-executive, non-independent director and chairman of the Board of Infosys brining an end to the leadership crisis in the very public battle between the board and founders where Nilekani has mostly kept away from.  ...Check FULL Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK