Current Affairs Quiz Questions and Answers 2020 || 02 Sept 2020 ||

Current Affairs Quiz Questions and Answers 2020

02 SEPT 2020

(Q.01) Which department has decided to integrate electronic Pension Payment Order (e-PPO) with DigiLocker?
1) Department of Investment and Public Asset Management
2) Department of Pension & Pensioners’ Welfare
3) Department of Public Enterprises
4) Department of Consumer Affairs

Ans. :-(2) Department of Pension & Pensioners’ Welfare

The Department of Pension & Pensioners’ Welfare (DoPPW), Ministry of Personnel Public Grievances and Pension, has decided to integrate the electronic Pension Payment Order (e-PPO) with Digi Locker. ‘Bhavishya’ software was used to create the facility.

(Q.02) Which country has launched India backed infrastructure projects like Hulhumale Central Park and renovation of the Arrival Jetty recently?
1) Bangladesh
2) Maldives
3) Mauritius
4) None of the Above

Ans. :-(2) Maldives

The government of Maldives launched India backed infrastructure projects viz. Hulhumale Central Park and renovation of the Arrival Jetty in Maldives during a ceremony which was attended by Foreign Minister Abdulla Shahid, Hulhumalé MP Ali Niyaz, High Commissioner Sunjay Sudhir, MD of Housing Development Corporation Limited (HDC) Suhail Ahmed and officials from the Ministry of Foreign Affairs of Maldives.

(Q.03) The 6th anniversary of Pradhan Mantri Jan Dhan Yojna (PMJDY) was observed on August 28, 2020. The PMJDY is operated by which department of finance ministry?
1) Department of Economic Affairs
2) Department of Revenue
3) Department of Investment and Public Asset Management
4) Department of Financial Services

Ans. :-(4) Department of Financial Services

The 6th anniversary of Pradhan Mantri Jan Dhan Yojna (PMJDY) was observed which was launched on August 28, 2014. On this occasion, Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman reiterated the importance of this biggest financial inclusion initiative in the world. It has been the foundation stone for the Indian government’s people-centric economic initiatives.

(Q.04) Shinzo Abe the prime minister of which country has resigned from the post in August 2020?
1) Russia
2) China
3) Japan
4) North Korea

Ans. :-(3) Japan

Shinzo Abe, Prime Minister of Japan announced his resignation owing to his worsening health condition due to ulcerative colitis. 65-year-old Shinzo Abe of Liberal Democratic Party (LDP) was the longest serving Prime Minister of Japan. The elected new party leader will hold the post for the remaining 1-year term of Abe.

(Q.05) Who has been appointed as the MD & CEO of SBI funds management?
1) Rajnish Kumar
2) Dinesh Khara
3) Ashwani Bhatia
4) Vinay M Tonse

Ans. :-(4) Vinay M Tonse

Vinay M Tonse, appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of SBI Funds Management Pvt. Ltd. (SBIFMPL). He replaced Ashwani Bhatia, DMD of SBI, who was appointed as MD (IT- Information Technology & SARG-Stressed Assets Resolution Group) of SBI. Since June 22, 2020 Vinay M Tonse was on deputation to SBIFMPL.

(Q.06) How many percentage of Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are operative?
1) 86.3%
2) 94.2%
3) 52.3%
4) 79.8%

Ans. :-(1) 86.3%

As on 19th Aug’20 the total number of Pradhan Mantri Jan Dhan Yojna (PMJDY) Accounts is 40.35 Crore; Rural PMJDY accounts: 63.6%, Women PMJDY accounts: 55.2% -Out of total 40.35 crore PMJDY accounts, 34.81 crore (86.3%) are operative. -Total deposit balances under PMJDY Accounts stand at Rs. 1.31 lakh crore. A mobile application Jan Dhan Darshak App was launched to provide a citizen centric platform for locating banking touch points such as bank branches, ATMs, Bank Mitras, Post Offices, etc. in the country.

(Q.07) Pacific Alliance Group plans to acquire _______ stake in Edelweiss Wealth Management (EWM) for about 2,000 crores.
1) 49%
2) 71%
3) 51%
4) 12%

Ans. :-(3) 51%

Private equity (PE) firm PAG to make a strategic investment of approximately Rs 2,200 crore (USD 300 million) for a 51% stake in Edelweiss Wealth Management (EWM). PAG with this deal will become a majority owner of the EWM of Edelweiss Global Investment Advisors (which also houses Edelweiss Asset Management, India’s largest alternatives and asset reconstruction platform, which is not part of the investment). The EWM business includes investment banking and capital markets businesses. It is to be noted that this is the PAG’s 1st PE investment in India.

About Edelweiss Group:
Headquarters– Mumbai, Maharashtra
Chairman & CEO–  Rashesh Shah
About PAG:
Group Chairman and Chief Executive Officer– Weijian Shan
Headquarter – Hong Kong

(Q.08) Who has become 1st player to take 500 wickets in T20?
1) Sohail Tanvir
2) Imran Tahir
3) SL Malinga
4) DJ Bravo

Ans. :- (4) DJ Bravo

West Indies All-Rounder Dwayne John Bravo became the first bowler in Cricket to scalp 500 wickets in Twenty20 (T20). He achieved the feat in the Carribean Premier League (CPL)2020 match between his team Trinbago Knight Riders and St Lucia Zouks. Bravo took the wicket of Rahkeem Cornwall (18) to register his 500th wicket.

(Q.09) Which team has won Union of European Football Associations (UEFA) Champions League 2019-20?
1) Bayern Munich
2) Real Madrid
3) Barcelona
4) Arsenal

Ans. :-(1) Bayern Munich

Bayern Munich (FC Bayern München), German football club won their 6th Championship in the Union of European Football Associations (UEFA) Champions League 2019-20. Bayern Munich became the champions of Europe by defeating the first time finalists Paris Saint Germain(PSG) 1- 0 at the finals held in Estadio da Luz, Lisbon, Portugal.

(Q.10) Justice A.R. Lakshmanan who passed away recently was the chairman of _____ law commission.
1) 18th
2) 12th
3) 21st
4) 10th

Ans. :-(1) 18th

Former Supreme Court Judge Justice, A.R. Lakshmanan (full name- Arunachalam Lakshmanan), died at the age of 78 in a private hospital in Trichy, Tamil Nadu following a heart attack. Currently he was the sitting representative of Tamil Nadu in the Mullai Periyar Panel headed by Justice A. S. Anand. He served as the chairman of the Law Commission (18th Law Commission) after his retirement. He was born in Devakottai in Sivaganga district, Tamil Nadu on March 22, 1942.

(Q.11) The Department of Economic Affairs in partnership with which organization launched the Sustainable Finance Collaborative (SFC) recently?
1) United Nations Environment Programme (UNEP) India
2) United Nations Educational, Scientific and Cultural Organization (UNESCO) India
3) United Nations Development Programme (UNDP) India
4) United Nations Industrial Development Organization (UNIDO) India

Ans. :-(3) United Nations Development Programme (UNDP) India

The Department of Economic Affairs (DEA), Ministry of Finance in partnership with the United Nations Development Programme (UNDP) India launched the Sustainable Finance Collaborative (SFC). In this regard, a three days’ consultation centered on the broad scope of Sustainable Finance architecture in India was held to accelerate green finance by bringing together leading experts and organizations.Notably, before COVID-19, it was estimated that India needs over USD 2.6 trillion to meet the SDG targets by 2030.

(Q.12) Who has launched the next generation start-up challenge contest named “Chunauti”?
1) Acharya Dev Bhat
2) Pralhad Joshi
3) Piyush Goyal
4) Ravi Shankar Prasad

Ans. :-(4) Ravi Shankar Prasad

Union Minister Ravi Shankar Prasad, Ministry of Electronics and Information Technology (MeitY) launched next-generation startup Challenge contest “Chunauti” to encourage startups and software products with special focus on Tier-II towns. This contest is a part of Rs 95 crore programme, spanning over 3 years, will hunt for around 300 startups working in identified areas and to provide them seed funds of up to Rs 25 lakh and other support from government through the Software Technology Parks of India (STPI).

(Q.13) Ayaka Takahashi who announced retirement recently belongs to which sport?
1) Hockey
2) Tennis
3) Badminton
4) Gymnastic

Ans. :-(3) Badminton

Japan’s Ayaka Takahashi, who won gold medal (Japan’s 1st gold medal in badminton) in Rio Olympics in 2016 Women’s Doubles Badminton along with Misaki Matsutomo, announced that she will end her career (retires) on August 31, 2020 as she has a doubt whether her inner fire and body will get through another year. She cited the postponement of the Tokyo Olympics 2020 to 2021 due to the COVID-19 pandemic as one of the reasons.

(Q.14) India has granted the 4th tranche of USD 5 million to which country for the development projects in border area?
1) Bhutan
2) Bangladesh
3) Myanmar
4) Afghanistan

Ans. :-(3) Myanmar

India granted the 4th tranche of $5 million to Myanmar for the development of the India-Myanmar Border Area. In this regard, the Indian Ambassador to Myanmar Saurabh Kumar handed over the ceremonial cheque to Lt-Gen Ye Aung, Minister for Border Affairs, Myanmar. This funding is on the lines of the Memorandum of Understanding (MoU) signed by ex-Prime Minister Dr. Manmohan Singh in 2012 according to which India would grant a total of $25 million to Myanmar, divided into five tranches of $5 million each annually, starting 2017, for projects on India-Myanmar border.Myanmar shares around 1600 km border with four Northeastern Indian states — Manipur, Nagaland, Arunachal Pradesh and Mizoram.

(Q.15) Which state is going to launch India’s 1st International Women’s trade centre?
1) Kerala 
2) Karnataka
3) Andhra Pradesh
4) Madhya Pradesh

Ans. :-(1) Kerala

BijuPrabhakar, IAS, Secretary, Department of Social Justice, Women & Child Development announced that Kerala will set up India’s First International Women Trade Centre(IWTC) in accord with the Sustainable Development Goals (SDGs) of the United Nations(UN) at Angamaly, Kochi, Kerala. This announcement was made during the webinar on “Scaling up Opportunities for MSME women Entrepreneurs in Kerala” organised by Federation of Indian Chambers of Commerce and Industry(FICCI) Kerala State Council.