Current Affairs Quiz Questions and Answers 2020 || 11 Sept 2020 ||

Current Affairs Quiz Questions and Answers 2020

11 SEP 2020

(Q.01) Which country collaborated with CSIR-Indian Institute of Integrative Medicine to set up 1st ever cannabis medicine project in Jammu?
1) China
2) Portugal
3) Canada
4) Spain

Ans. :-(3) Canada

Jitendra Singh, Union Minister of State-MoS (Independent Charge), Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space informed that 1st ever cannabis medicine project will be shortly set up with the collaboration of ‘Canada’ at Council of Scientific & Industrial Research (CSIR)-Indian Institute of Integrative Medicine (IIIM) in Jammu. The progress of the construction of North India’s 1st biotech industrial park in Kathua, Jammu & Kashmir.

(Q.02) Which state government launched first of its Kind educational chatbot named “Apka Mitra”?
1) Madhya Pradesh
2) Gujarat
3) Maharashtra
4) Haryana

Ans. :-(4) Haryana

Haryana Chief Minister Manohar Lal Khattar virtually launched the first of its Kind Educational Chatbot “Apka Mitra” & Online Admission Platform for UnderGraduate (UG) courses in government-aided and self-financed colleges for the new academic session 2020-21.

(Q.03) Which is 1st city in the country to integrate water transport as feeder service to the metro?
1) Mumbai
2) Vishakhapatnam
3) Chennai
4) Kochi

Ans. :-(4) Kochi

The Thykoodam-Petta stretch of Kochi Metro was inaugurated by Minister Housing and Urban Affairs, Hardeep Singh Puri and Kerala Chief Minister Pinarayi Vijayan through video conference. The final stretch of Kerala metro phase 1 has been completed with the commissioning of Thykoodam-Petta stretch. It has been completed at a cost of Rs 6218 Crores. Kochi will become the first city in the country to integrate water transport as feeder service to the metro.

(Q.04) United States, India and which country has decided to collaborate in 5G technology?
1) Iran
2) Israel
3) Russia
4) Afghanistan

Ans. :-(2) Israel

The virtual US (United States)-India-Israel summit was held to focus on trilateral partnerships in the strategic, technology and development arenas. There it was decided that these trio nations will collaborate in 5G technology. The keynote address during the summit was provided by Ms. Bonnie Glick, Deputy Administrator USAID (United States Agency for International Development). The summit was also addressed by Israeli Ambassador to India Ron Malka and his counterpart Sanjeev Singla. This trilateral summit was initiated by Prime Minister Narendra Modi during his historic visit to Israel three years ago in July 2017, community leaders on the basis of tech-triangle (Silicon Valley-Tel Aviv and Bangalore) concept which was presented by M R (Madhavan) Rangaswami to PM Modi.

(Q.05) The Andhra Pradesh government has launched 2 nutrition schemes named “YSR Sampoorna Poshana” and “YSR Sampoorna Poshana Plus” recently. Who is the present governor of Andhra Pradesh?
1) Banwarilal Purohit
2) Ramesh Bais
3) BiswaBhusan Harichandan
4) Anandiben Patel

Ans. :-(3) BiswaBhusan Harichandan

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy launched two nutrition schemes “YSR Sampoorna Poshana” and “YSR Sampoorna Poshana Plus” to provide nutritious food to the pregnant women, new mothers and children at the Tadepalli camp office. The state government issued an order to rename the scheme – Agriculture Electricity Cash Transfer Scheme as YSR Free Agriculture Power. Biswabhusan Harichandan is the present governor of Andhra Pradesh.

(Q.06) World Bank has signed $82 million worth deal with which state for road transformation project?
1) Gujarat
2) Maharashtra
3) Uttar Pradesh
4) Himachal Pradesh

Ans. :-(4) Himachal Pradesh

The State Government of Himachal Pradesh and World Bank signed a $82 million (approximately Rs. 600 Crores) loan deal to support Himachal Pradesh strengthen its transport and road safety institutions by improving the condition, safety, resilience, and engineering standards of the state’s road network. The loan from the International Bank for Reconstruction and Development (IBRD), has a final maturity of 15 years including a grace period of five years.

(Q.07) The Bank of India (BOI) has launched an international contactless debit card, “Signature Visa Debit Card” recently. The HQ of BOI is located at which city?
1) Mumbai
2) Kolkata
3) Chennai
4) Gurugram

Ans. :-(1) Mumbai

On the occasion of Bank of India (BoI)’s 115th Foundation Day, BOI (Headquarters – Mumbai) has launched an international contactless debit card, “Signature Visa Debit Card” for high net worth individuals who are maintaining an average quarterly balance of Rs 10 lakhs and above. Atanu Kumar Das, Managing Director (MD) & Chief Executive Officer (CEO) of BOI virtually inaugurated new buildings of Rural Self Employment Training Institutes (RSETI) at Barabanki, Lucknow (Uttar Pradesh) and Giridih (Jharkhand).

(Q.08) The RBI has specified 5 financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors on the basis of the recommendations of committee headed by whom?
1) KV Kamath
2) Gita Gopinath
3) Sundar Pichai
4) Soumya Swaminathan

Ans. :- (1) KV Kamath

Reserve Bank of India (RBI) specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors on the basis of the recommendations of an expert committee under the chairmanship Kundapur Vaman Kamath, which was formulated by RBI in August 2020 to set a parameters and benchmarks for stressed assets that need rescuing. These five ratios are: Total outside liabilities/adjusted tangible net worth (TOL/ATNW), total debt/EBITDA, current ratio, debt service coverage ratio (DSCR), average debt service coverage ratio (ADSCR).

(Q.09) The RBI has stopped the banking operation of which payments bank recently?
1) NSDL Payments Bank
2) Paytm Payments Bank
3) Aditya Birla Idea Payments Bank
4) Fino Payments Bank

Ans. :-(3) Aditya Birla Idea Payments Bank

Reserve Bank of India has ceased the Banking operation by the Aditya Birla Idea Payments (ABIP) Bank under Banking Regulations Act 1949, after the company could not able to work successfully and applied for voluntary winding up by the Vodafone Idea Limited which holds 51% in ABIP bank and remaining 49% by Grasim Industries Limited.

(Q.10) Indian economy is expected to be contract by _______ in FY21, as per Fitch ratings.
1) 10%
2) 10.5%
3) 12%
4) 11.5%

Ans. :-(2) 10.5%

In accordance with the September update of Global Economic Outlook (GEO), Fitch Ratings projected a 10.5% contraction of India’s economy in the FY21 from a contraction of 5% estimated earlier due to continued spread of the virus and imposition of shutdowns across the country that has disrupted economic activity. For FY21-22, Indian economy will grow 11%, while for 2022-23 growth will 6%.