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QUIZ – 2016: Insights Current Affairs Quiz – August 18, 2016

QUIZ – 2016: Insights Current Affairs Quiz

August 18, 2016



17th August 2016 Quiz (Click Here)

Q5. On Bank Board Bureau

“The Bureau is mandated to play a critical role in reforming the troubled public sector banks by recommending appointments to leadership positions and boards in those banks and advise them on ways to raise funds and how to go ahead with mergers and acquisitions.”


Q4: On Headline Inflation

According to Mrunal (Click Here), headline inflation exists for both – CPI as well as WPI. Additionally, if you read the RBI’s Monetary Policy Statements (Click Here and Here), they specifically have referred to ‘Headline CPI Inflation’.

If at all such a question is asked, the preferred answer would be CPI because according to a foot note on this RBI page, “headline inflation is measured by year-on-year changes in all-India CPI Combined (Rural+Urban).” (But please also note that this foot-note was associated with the specific term ‘headline CPI inflation’ and not just ‘headline inflation’.)


The following quiz will have 5-10 MCQs . The questions are mainly framed from The Hindu  and PIB news articles.

This quiz is intended to introduce you to concepts and certain important facts relevant to UPSC IAS civil services preliminary exam 2016. It is not a test of your knowledge. If you score less, please do not mind. Read again sources provided and try to remember better.

Please try to enjoy questions, discuss the concepts and facts they try to test from you and suggest improvements.

Hope you enjoy this quiz. If you like it, then please share it. Thank you.


The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.

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  1. Click on – ‘Start Quiz’ button

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