Current Affairs Questions & Answers - Oct 14, 2016

1)   Which musician won the 2016 Nobel Prize in Literature?

a. John Lennon
b. Bob Dylan
c. Richard Marx
d. Paul McCartney
Answer  Explanation 

ANSWER: Bob Dylan

Bob Dylan on 13th Oct 2016 won the Nobel prize in literature 2016

  • Dylan won the award for creating new poetic expressions within the great American song tradition
  • Apart from being a singer, Dylan is also a songwriter, artist and writer
  • Most of his well-known songs date from the 1960s when songs chronicled unrest of a social nature
  • His earlier songs such as Blown’ In the Wind and The Times They Are a-Changin’ were musical compositions that inspired the American civil rights and peace movement
  • His lyrics have incorporated numerous social , political, philosophical and literary influences
  • The accomplishments of the singer as a recording artist and performer were central to his career, but songwriting is held to be his greatest contribution
  • Since the 1990s, he has published six books of drawing and painting and his work has been displayed in major art galleries
  • As a musician, he sold more than 100m records; he is the best selling songwriter and artist of his times
  • Numerous awards were received by him including 11 Grammy Awards, a Golden Globe award and an Academy Award
  • He was also awarded a special citation for the Pulitzer Prize jury in 2008, profoundly impacting popular music and culture in N. America along with lyrical compositions that are extremely powerful
  • He is the first American to win the prize since novelist Toni Morrison in 1993
  • The Nobel Prize in Literature has been annually awarded to an author from any country who has produced outstanding work in the field of literature
  • The prize has been awarded since 1901
  • It is one of the 5 Nobel prizes established by Alfred Nobel since 1895
  • In 2015, Svetlana Alexievich was awarded the Nobel prize in literature for her polyphonic writings

2)   Which state will  now have an IIM as per a Union Cabinet decision on 13th Oct 2016?

a. Shillong
b. Ranchi
c. Raipur
d. None of the above
Answer  Explanation 

ANSWER: None of the above

The Union Cabinet on 13th Oct 2016 have approval for the setting up of an Indian Institute of Management in J&K. The institute will operate from a temporary campus at Old Government College of Engineering and Technology from 2016-2017

  • The project will cost INR 62 crore for 4 years from 2016–2020
  • Student strength intake for 2016 in the PGDP in Management is 54 which is set to shoot up to 120 in the 4th year
  • Steps are being taken for setting up the campus at Jammu and the out-campus in the Kashmir region
  • Union Cabinet has also approved the formation of an IIM Jammu Society under the Society Registration Act 1860
  • IIM Jammu will be run and managed by a Society with a board of governors constituted by GoI which will administer the Institute and manage its establishment and operationalisation
  • This decision is part of the development package of the PM for J&K– the institute is alongside the establishment of an IIT in Jammu, modernisation of NIT Srinagar and opening of 2 AIIMS institutions- one each in Jammu and Kashmir
  • Indian Institute of Management is the country’s premier institution imparting quality education in the field of management
  • Currently there are 19 IIMs.

3)   Thai king Bhumibol Adulyadej passed away in Bangkok, Thailand on 13th Oct 2016. He was the ______ reigning monarch in the world.

a. Longest
b. Shortest
c. One of the Longest
d. One of the Shortest
Answer  Explanation 

ANSWER: Longest

Thai King Bhumibol Adulyadej passed away on 13th Oct 2016 at Thailand’s capital city Bangkok at the age of 88.

  • He was the world’s longest reigning monarch
  • Following the demise of the Thai King, Crown Prince Maha Vajiralongkom is expected to become a new king
  • Bhumibol Adulyadej was crowned King of Thailand on May 5, 1950 at the Royal Palace in Bangkok where he pledged a reign with righteousness of the benefit and happiness of the Siamese people
  • During his reign, he was served by a total of 30 PMs commencing with Pridi Banomyong and ending with Prayut Chan-o-cha.
  • They are known as Bhumibol’s Thirty
  • Forbes estimated his fortune to amount to USD 30 billion in May 2014

4)   Which author announced her latest novel in the first week of Oct 2016?

a. Jhumpa Lahiri
b. Taslima Nasreen
c. Arundhati Roy
d. None of the above
Answer  Explanation 

ANSWER: Arundhati Roy

Author Arundhati Roy in the first week of Oct 2016 announced her latest novel called “The Ministry of Utmost Happiness.”

  • The novel will be published by Hamish Hamilton UK and Penguin India
  • Novel will hit stands in June 2017
  • It is after 19 years that Roy has released her next novel after Booker prize winning “The God of Small Things.”
  • Her debut novel The God of Small Things was first published in 1997. It won the Man Booker Prize for Fiction in the same year
  • Her debut novel became the biggest selling book by a non-expat author from India
  • She is also an activist in the fields of polity, human rights and environmental causes
  • She also worked for television and movies
  • She wrote screenplays for “In Which Annie Gives It Those Ones” and “Electric Moon.”
  • She won the National Film Award for Best Screenplay in 1988 for “In Which Annie Gives It Those Ones.”

5)   Who has been appointed as a whole-time member of market regulatory authority SEBI on Oct 7, 2016?

a. RBI Governor
c. Niti Aayog Chairman
d. Niti Aayog Member
Answer  Explanation  Related Ques


RBI’s Executive Director Gurumoorthi Mahalingam has been appointed as the whole-time member of market regulatory SEBI

  • His appointment was approved by the Union Finance Ministry for 5 years or till he attains the age of 65, whichever is earlier.
  • Mahalingam succeeds Prashant Saran as whole-time member
  • Saran retired from the post in June 2016
  • Aside from the Chairman, SEBI has three more Whole-Time members / WTMs
  • Mahalingam is an ED and former regional director of the RBI
  • In his current role in RBI, Mahalingam was involved in monitoring and surveillance of money, forex, government securities and derivative market intervention operations
  • Associated with the RBI for the past 3 decades, he has held various posts in the organisation
  • He has been associated with NISM or National Institute of Securities Markets, an educational initiative of the SEBI as its visiting faculty
  • He holds an MSc in Statistics and Operations Research from IIT-K and an MBA in International Banking and Finance from Birmingham Business School in the United Kingdom

6)   Portugal’s former PM Antonio Guterres was appointed as the next UNSG. How many member states constitute the UNGA?

a. 192
b. 193
c. 194
d. 195
Answer  Explanation  Related Ques


Antonio Manuel de Oliveira Guterres has been appointed as the next Secretary General of the United Nations by the INGA on 13th Oct 2016.

  • The 193 member states of the UNGA adopted a resolution by acclamation appointing Guterres as the 9th UNSG
  • He succeeds Ban Ki-moon and will assume his new role on January 1, 2017 for a 5 year term that can be renewed by member states for an additional 5 years
  • Guterres is a politician from Portugal
  • He served as that nation’s PM from 1995 to 2002
  • He was also the President of the Socialist International for some time
  • He served as UN High Commissioner for Refugees from 2005 to 2015
  • The UNSG heads the UN secretariat
  • He is also the de facto spokesperson and leader of the UN
  • The role is laid out by Chapter XV (Articles 97–101) of the United Nations Charter
  • Secretary General was conceived by US President Franklin D Roosevelt as the world moderator
  • Article 97 of Chapter XV of the UN Charter states that the secretary general shall be Chief Administrative Officer of the organisation