Current Affairs Quiz Questions and Answers 2020 || 07 Aug 2020 ||

Current Affairs Quiz Questions and Answers 2020

07 AUG 2020

(Q.01) What is the defence manufacturing turnover target of India by 2025 as per ‘Defence Production & Export Promotion Policy (DPEPP) 2020’?
1) Rs 3,75,000 crore
2) Rs 1,50,000 crore
3) Rs 2,25,000 crore
4) Rs 1,75,000 crore

Ans. :-(4) Rs 1,75,000 crore

Ministry of Defence (MoD) publicized a draft ‘Defence Production & Export Promotion Policy (DPEPP) 2020 for public feedback by August 17, 2020 after which the policy would be promulgated by the MoD. The policy aims to achieve a manufacturing turnover of $25 bn or Rs 1,75,000 crore, including exports of $5 bn or Rs 35,000 Crore in aerospace and defence goods and services by 2025. The Department of Defence Production (DDP) will be the nodal department for coordination on various components of the DPEPP 2020 and to achieve the objectives set in this Policy.

(Q.02) Central government recently made amendments in Securities Contracts (Regulation) Rules, 1957. As per the amendment, listed entities should meet criteria of minimum _____ public shareholding within 3 years.
1) 20%
2) 25%
3) 10%
4) 40%

Ans. :-(2) 25%

In order to provide more time to the listed entities to meet criteria of minimum public shareholding (MPS) of 25%, the Centre Government has made changes in the Securities Contracts (Regulation) Rules, 1957 in sub-rule (1), where the words “two years” substituted by words “three years”. Therefore, listed entities get one more year to comply with the rules of MPS, benefitting more than three dozen PSUs (public sector undertakings) who have been unable to meet this requirement amid COVID-19.

(Q.03) How many states/UTs have joined One Nation One Ration Card scheme as on August 1, 2020?
1) 25
2) 21
3) 24
4) 20

Ans. :-(3) 24

With effect from August 1, 2020, 3 states of Manipur, Nagaland and Uttarakhand, and one Union Territory of Jammu & Kashmir (J&K) have joined the One Nation, One Ration Card (ONORC) platform, increasing the total number of states/UTs under this scheme to 24. This information has been provided by Union Ministry of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan while reviewing the progress of ONORC plan. The addition of above 4 states/UTs has ensured food security to 65 Crore (80%) of total National Food Security Act (NFSA), 2013 population for receiving food grains from any Fair Price Shop (FPS) in 24 States/UT, under the scheme. When all the states are integrated under ONORC scheme, 81 crore NFSA beneficiaries can avail benefit. The scheme will be operational all over India by 31st March 2021.

(Q.04) Indian railways is using New Track Construction (NTC) machine for the 1st time to ease infrastructure work. Name the company which implement this project.
1) Centre for Cultural Resources and Training
2) Indian Council for Cultural Relations
3) Sahitya Akademi
4) National school for Culture

Ans. :-(2) Indian Council for Cultural Relations

Union Home Minister Amit Shah has inaugurated a two-day international webinar on the theme of ‘Lokmanya Tilak – Swaraj to Self-reliant India’ in New Delhi, which was organized by the Indian Council for Cultural Relations(ICCR) on the 100th death anniversary of the great freedom fighter Lokmanya Bal Gangadhar Tilak (August 1, 2020).

(Q.05) Find the public sector bank which partnered with New India Assurance Company Ltd, Bajaj Allianz General Insurance Co Ltd and HDFC ERGO Health Insurance to offer individual short-term Corona Kavach policy.
1) Union Bank of India
2) Bank of Baroda
3) Canara bank
4) Bank of Maharashtra

Ans. :-(3) Canara bank

As part of a social commitment to compensate the unprecedented expenses of ordinary people, Canara bank has partnered with 3 insurers namely, New India Assurance Company Ltd, Bajaj Allianz General Insurance Co Ltd and HDFC ERGO Health Insurance to offer individual short-term Corona Kavach policy to cover their COVID-19 related health expenses.

(Q.06) Infosys Finacle was selected to digitally transform the transaction banking business of national bank of which country?
1) Iran
2) Saudi Arabia
3) Qatar
4) Bahrain

Ans. :-(4) Bahrain

National Bank of Bahrain(NBB) and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, announced that the bank has decided to adopt the Finacle Cash Management Suite to digitally transform its transaction banking business. This partnership is a part of NBB’s digital transformation, with the upgrades provided by the suite to equip the bank with a modern system that will provide simple and seamless service to the clients.

(Q.07) Axis bank has partnered with which company to deploy multi-lingual bot AXAA?
1) Vernacular.ai
2) 7EDGE
3) Day One Technologies
4) Sigma Data Systems

Ans. :-(1) Vernacular.ai

Axis Bank has partnered Bengaluru startup Vernacular.ai, an AI-based SaaS voice automation platform, to deploy multi-lingual BOT AXAA on its phone banking Interactive voice response (IVR) which helps to increase automation in customer service.

(Q.08) Ministry of defense signed a tripartite agreement with the Department of Administrative Reforms & Public grievances (DAR & PG) and ‘which’ IIT for using AI, ML to address grievances?
1) IIT Calcutta
2) IIT Kanpur
3) IIT Delhi
4) IIT Mandi

Ans. :- (2) IIT Kanpur

A Tripartite Memorandum of Understanding was signed between IIT Kanpur, Ministry of Defence (MoD) and Department of Administrative Reforms & Public grievances (DAR & PG) to develop Artificial Intelligence (AI) and Machine Learning (ML) Techniques to conduct exploratory and predictive analysis of Public Grievances received on the web based Centralized Public Grievances Redress & Monitoring System (CPGRAMS) pertaining to the MoD. The MoU was signed in the presence of Defence Minister Rajnath Singh, MoS for Personnel, Public Grievances & Pensions Dr. Jitendra Singh and IIT Kanpur Deputy Director S Ganesh.

(Q.09) Which state government signed MoU with Hindustan Unilever Ltd, P&G and ITC to support economic empowerment of women?
1) Telangana
2) Karnataka
3) Tamil Nadu
4) Andhra Pradesh

Ans. :-(4) Andhra Pradesh

The state government of Andhra Pradesh (AP) signs a memorandum of Understanding (MoU) with three International FMCG (Fast-moving consumer goods) companies- Hindustan Unilever Ltd (HUL), ITC ltd., and Procter and Gamble (P&G) to provide marketing and technological support for the economic empowerment of the women and to make them self-reliant. The MoU was signed in the presence of Y S Jaganmohan Reddy at his camp office in Tadepalli.

About Andhra Pradesh:
Chief Minister– YS Jagan Mohan Reddy
Governor– Biswa Bhushan Harichandan
Capital– Amaravati

(Q.10) Indian railways is using New Track Construction (NTC) machine for the 1st time to ease infrastructure work. Name the company which implements this project.
1) Indian Railway Finance Corporation
2) Indian Railway Stations Development Corporation
3) Dedicated Freight Corridor Corporation of India Limited
4) Centre for Railway Information Systems

Ans. :-(3) Dedicated Freight Corridor Corporation of India Limited

In a boost to the railways’ efforts to use technology to ease infrastructure work, for the first time in India, Railway is using New Track Construction (NTC) machine for the entire track laying of the Dedicated Freight Corridors. The projects will be implemented by Dedicated Freight Corridor Corporation of India Limited (DFCCIL). Currently, there are seven NTC machines that have been deployed along the Dedicated Freight Corridor (DFC) alignment. Four NTC machines are deployed in the Eastern DFC viz. Allahabad – New Bhaupur, Allahabad – Pandit Deen Dayal Upadhyaya junction, Bhaupur – Bhadan, Khurja Dadri sections and in Western DFC, three NTC machines are deployed at Palanpur-Makarpura, Gothangam-Baroda and Anchali-Sachin sections respectively. Notably, The Khurja-Dadri section is the connecting link between the Eastern and Western DFCs on which freight trains run at a speed of 100 kmph ensuring fast logistics movement. The project is expected to be completed by 2022.

(Q.11) Who has been appointed as the MD&CEO of HDFC Bank with effect from October 27, 2020?
1) Prakash Chandra Kandpal
2) Pushan Mahapatra
3) Devesh Srivastava
4) Sashidhar Jagdishan

Ans. :-(4) Sashidhar Jagdishan

The Reserve Bank of India(RBI) has approved Sashidhar Jagdishan as the next Managing Director(MD) and Chief Executive Officer(CEO) of HDFC Bank for a period of 3 years, effective from the date of taking charge i.e., October 27, 2020 under Section 35B of the Banking Regulation Act 1949. He will succeed Aditya Puri, the bank’s longest serving CEO (26 years- since September 1994). Aditya Puri will retire on October 26, 2020, on attaining the age of 70.

(Q.12) Name the person who received the Karmaveer Chakra of United Nations & iCONGO at ReX ConcLIVE.
1) Arsh Shah Dilbagi
2) Komal S
3) Mahesh Kumar
4) Sunil Ydv SS

Ans. :-(4) Sunil Ydv SS

The Karmaveer Chakra Award instituted by the United Nations(UN) and International Confederation of NGO (iCONGO) was awarded to 23 years old Sunil Ydv SS, the founder and CEO of SS motivation channel on Telegram for his contribution to the society through “SS Motivation”, a Telegram Channel at the ReX ConcLIVE hosted at Indian Institute of Technology- Delhi(IIT-D).

(Q.13) The Healthcare Technology Innovation Centre of Which IIT along with Helyxon healthcare solutions jointly developed a first of its kind remote patient monitoring device for COVID-19?
1) IIT Bombay
2) IIT Madras
3) IIT Delhi
4) IIT Mandi

Ans. :-(2) IIT Madras

Healthcare Technology Innovation Centre(HTIC) of Indian Institute of Technology Madras (IIT Madras) in partnership with Helyxon Healthcare Solutions Private Limited, a healthcare startup in IIT Madras jointly developed a first of its kind remote patient monitoring device for COVID-19. The device was engineered based on the clinical input to provide a low cost, simple and easy to use device to monitor the patients from anywhere at the hospital or home.

(Q.14) What is the name of the health assistance robot which was designed by the Mumbai division of the central railway?
1) Rakshak
2) Jeevan Lite
3) R-Bot
4) ASIMOV

Ans. :-(1) Rakshak

Mumbai Division of Central Railway (CR), designed a health assistant robot “Rakshak” that communicates between doctor and patient remotely. The Robot was developed in-house at EMU (Electric Multiple Unit) car shed by Sunil Bairwa, Senior Divisional Electrical Engineer and his team in Kurla, Mumbai section of the Central Railway. The main objective of building the robot is to avoid spreading of the COVID-19 virus among people.

(Q.15) A unique kiosk named “UV Baggage Bath” was inaugurated recently at which railway station?
1) Chhatrapati Shivaji Railway Station
2) Ghoom Railway Station
3) Bangalore railway station
4) Agra City Railway Station

Ans. :-(3) Bangalore railway station

A unique kiosk named “UV Baggage Bath” was inaugurated at the Bangalore railway station, South Western Railway, by the Senior Divisional Commercial Manager, Bengaluru Division, AN Krishna Reddy and Additional Divisional Railway Manager (Admin), Bengaluru Division, Kalyani Sethuraman. Objective of the kiosk: – To disinfect the baggage to stop the indirect mode of COVID – 19 transmissions from the outer surfaces of travel bags to the human beings. The proposal was implemented at KSR (Krantivira Sangolli Rayanna) Bengaluru and Yesvantpur Railway stations by M/s Optimurz Bio and IT Solutions.