Current Affairs Quiz Questions and Answers 2020 || 12 Aug 2020 ||

Current Affairs Quiz Questions and Answers 2020

12 AUG 2020

(Q.01) Name the coastal village which is/are 1st in Indian Ocean Region termed as ‘tsunami ready’ by United Nations Educational, Scientific and Cultural Organisation (UNESCO).
1) Venkatraipur
2) Noliasahi
3) Malappuram
4) Both 1) and 2)

Ans. :-(4) Both 1) and 2)

United Nations Educational, Scientific and Cultural Organisation (UNESCO) recognises Venkatraipur and Noliasahi, villages of Odisha as ‘Tsunami Ready’ for their overall preparedness to face the tsunami. With this recognition, Odisha became the first state in the India and India became the 1st Country in the Indian Ocean region to achieve the honour from the Intergovernmental Oceanographic Commission (IOC) of UNESCO. Note – Venkatraipur (Boxipalli) village is in Rangeilunda block in Ganjam district & Noliasahi village of Ersama block in Jagatsinghpur district.

About Intergovernmental Oceanographic Commission (IOC):
Executive Secretary & Assistant Director General of UNESCO for IOC– Vladimir Ryabinin
Head Office– Paris, France
About Odisha State Disaster Management Authority (OSDMA):
Managing Director– Pradeep Kumar Jena
Head Office– Bhubaneswar, Odisha

(Q.02) Which language was dropped from the list of examples of foreign languages in National Education Policy?
1) English
2) Korean
3) Japanese
4) None of the Above

Ans. :-(4) None of the Above

The National Education Policy (NEP) has dropped Mandarin or ‘Chinese’ from its list of examples of foreign languages that can be taught in schools. The language was included in the draft version of the Policy released in May 2019, but was missing from the final Policy document approved by the Union Cabinet.

(Q.03) How much was the amount that was granted by Asian Development Bank to Reliance Bangladesh LNG & power limited for 718 MW power plant in Bangladesh?
1) USD 250 million
2) USD 100 million
3) USD 200 million
4) USD 150 million

Ans. :-(3) USD 200 million

The Asian Development Bank (ADB) has signed a USD 200 million financing deal with the Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718 megawatt combined-cycle gas-fired power plant in Bangladesh. The project will reduce the current energy deficit and lead to more private sector investment in the country’s electricity sector.The financing deal has two components of dollar 100 million each.

About ADB Bank
Headquarters– Mandaluyong, Philippines
President– Masatsugu Asakawa

(Q.04) The RBI has decided to provide additional standing liquidity facility of ______ for the National Housing Bank (NHB) & National Bank for Agriculture and Rural Development (NABARD).
1) 10,000 Cr
2) 15,000 Cr
3) 25,000 Cr
4) 20,000 Cr

Ans. :-(2) 10,000 Cr

RBI announces additional special liquidity facility of Rs 5000 cr each for NHB & NABARD. NHB: RBI has decided to provide an additional standing liquidity facility (ASLF) of Rs 5,000 crore to National Housing Bank (NHB), over and above Rs10,000 crores already provided, for supporting housing finance companies (HFCs). The facility will be for a period of 1 year and will be charged at the RBI’s repo rate. NABARD: An ASLF of Rs 5,000 crore provided to NABARD for a period of 1 year at the RBI’s policy repo rate for refinancing Non-Banking Financial Company (NBFC)- Micro Finance Institutions (MFIs) and other smaller NBFCs of asset size of Rs 500 crore and less to support agriculture and allied activities and the rural non-farm sector. A Liquidity support of Rs 25,000 crore was extended to the National Bank for Agriculture and Rural Development (NABARD) in April 2020.

(Q.05) Which ministry has launched a new version of the India Water Resources Information System (India-WRIS)?
1) Ministry of Jal Shakti
2) Ministry of Environment, Forest and Climate Change
3) Ministry of Home Affairs
4) Ministry of Jal Jeevan Mission

Ans. :-(1) Ministry of Jal Shakti

The Ministry of Jal Shakti(MoJS) has launched a new version of the India Water Resources Information System (India-WRIS) with new functions and features. It is open to the public, and accessible through the web portal www.indiawris.gov.in. The MoJS has established a dedicated organization, National Water Informatics Centre (NWIC) to maintain and update India-WRIS.

About MoJS
Union Minister– Gajendra Singh Shekhawat
Minister of State– Rattan Lal Kataria

(Q.06) Which country is going to host the ICC Men’s T20 World cup 2021 (T20 WC 2022 will be hosted by Australia)?
1) Sri Lanka
2) India
3) New Zealand
4) South Africa

Ans. :-(2) India

International Cricket Council (ICC) confirmed that India will host the Men’s Twenty-20 (T20) Cricket World Cup 2021 (7th edition) between October – November 2021 as the Board of Control for Cricket in India(BCCI) retained the hosting rights and Australia will host the 2020 Men’s World Cup (8th edition), which was postponed due to the global pandemic in 2022.The five teams (India, Australia, England, South Africa, New Zealand) which already qualified for the 2021 event will stand for 2022.

About International Cricket Council(ICC):
Chairman– Imran Khwaja (interim)
CEO– Manu Sawhney
Headquarters– Dubai, UAE

(Q.07) Which is 1st state in India to delink incentives from State Goods and Service Tax (SGST)?
1) Maharashtra
2) Karnataka
3) Tamil Nadu
4) Gujarat

Ans. :-(4) Gujarat

Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. The new policy is in line with the Atma Nirbhar Bharat Abhiyan. It replaces the Gujarat Industrial Policy 2015. Under the new policy Gujarat will become the 1st state to “delink incentives from State Goods and Service Tax (SGST)”, where Large industries will be provided up to 12% of fixed capital investment (FCI) to set up manufacturing operations in the state in form of capital subsidy.

About Gujarat:
Capital– Gandhinagar
Chief minister– Vijay Rupani
Governor– Acharya Devvrat

(Q.08) The cabinet of which state has approved the policy of reserving 50% seats for women in the village level community institutions?
1) Mizoram
2) Assam
3) Meghalaya
4) Arunachal Pradesh

Ans. :- (3) Meghalaya

Conrad Kongkal Sangma, Chief Minister of Meghalaya informed the cabinet’s approval for the passage of the “Policy on Reservation of seats for Women in Village Employment Councils(VECs)”, the policy of reserving 50% seats for women in the village level community institutions. This policy ensures the empowerment of Women by establishing a forum for women to exercise their leadership and freedom.

About Meghalaya:
Chief Minister– Conrad Kongkal Sangma
Governor– Tathagata Roy
Capital– Shillong

(Q.09) The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 recently. Where is the HQ of IBBI located?
1) New Delhi
2) Chennai
3) Mumbai
4) Bengaluru

Ans. :-(1) New Delhi

In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the New Delhi headquartered Insolvency and Bankruptcy Board of India has amended the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 by Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Second Amendment) Regulations, 2020.

About IBBI:
It is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies (IPA), Insolvency Professionals (IP) and Information Utilities (IU) in India. 
Chairperson– MS Sahoo
Headquarter– New Delhi

(Q.10) The Ram temple in Ayodhya will be constructed in which architecture style?
1) Dravidian Style
2) Nagara Style
3) Mughal Style
4) Kalinga Style

Ans. :-(2) Nagara Style

PM Modi symbolically laid a 40-kilogram (88-pound) silver brick foundation stone to formally start the construction of a temple dedicated to the Hindu deity Ram in the city of Ayodhya in the northern Indian state of Uttar Pradesh. Modi also released a postage stamp on the Ram Janmabhoomi temple. The temple will be constructed in Nagara style of architecture and will have five domes instead of two.

(Q.11) Which state government has launched ‘Indira Rasoi Yojana’ to provide meals at Rs. 8?
1) Uttar Pradesh
2) Chhattisgarh
3) Odisha
4) Rajasthan

Ans. :-(4) Rajasthan

The Rajasthan government is going to start with the ‘Indira Rasoi Yojana’ in urban areas of the state from August 20, in which poor and needy people will get nutritious food for just Rs. 8, said Chief Minister Ashok Gehlot.

(Q.12) As per the amendment made by Securities and Exchange Board of India (SEBI) in SEBI (IFSC) guidelines, 2015, the shareholding limit should be at least _____% for the clearing corporation.
1) 51%
2) 57%
3) 49%
4) 50%

Ans. :-(1) 51%

Securities and Exchange Board of India (SEBI) amended the clause 4 (2) of SEBI international financial services centre (IFSC) guidelines, 2015 pertaining to eligibility criteria and shareholding limit for clearing corporations that wish to operate in such centres. Under the norms, any Indian recognised stock exchange or clearing corporation, or, any recognised stock exchange or clearing corporation of a foreign jurisdiction, will form a subsidiary to provide the services of a clearing corporation in IFSC wherein at least 51% stake is held by such exchange or clearing corporation.

About SEBI:
Chairman– Ajay Tyagi
Headquarter– Mumbai, Maharashtra

(Q.13) Name the organization which signed MoU with Food Safety and Standards Authority of India (FSSAI) for collaborative research and information distribution.
1) TIFR
2) JNCASR
3) IACS
4) CSIR

Ans. :-(4) CSIR

An agreement was signed between Council of Scientific and Industrial Research (CSIR) and Food Safety and Standards Authority of India (FSSAI) for collaborative research and information dissemination in the area of food and nutrition, during a ceremony which was presided Health Minister Harsh Vardhan. The collaboration between these two premier institutions of India will contribute in fulfilling the vision of New Food System 2050. FSSAI Received “Food Systems Vision Prize” for its ‘Eat Right India’ movement.

About Food Safety and Standards Authority of India (FSSAI):
It is a body established under the Ministry of Health & Family Welfare
Chairperson– Ms Rita Teaotia
Chief Executive Officer (CEO) – Arun Singhal
Chatbot– Food Funda
Headquarter– New Delhi
About Council of Scientific and Industrial Research (CSIR):
It is a body under the Ministry of Science and Technology
Director General– Dr. Shekhar C. Mande
Headquarter– New Delhi

(Q.14) Flipkart signed MoU with which state government’s One District, One Product (ODOP) scheme recently?
1) Madhya Pradesh
2) Andhra Pradesh
3) Uttar Pradesh
4) Maharashtra

Ans. :-(3) Uttar Pradesh

E-commerce platform Flipkart signed a Memorandum of Understanding (MoU) with Uttar Pradesh Government’s One District, One Product (ODOP) scheme. As part of the MoU, artisans, weavers and craftsmen under the One District, One Product (ODOP) scheme will be brought into the ‘Flipkart Samarth’ initiative. This partnership will enable the under-served communities to showcase their specialized products and crafts in the e-commerce platform.

About Uttar Pradesh
Chief Minister – Yogi Adityanath
Governor – Anandiben Patel

(Q.15) Union Minister for Education, Ramesh Pokhriyal ‘Nishank’ has inaugurated global conference on “Reimagining and Transforming the University” hosted by which university?
1) O.P. Jindal Global University
2) Birla Institute of Technology and Science
3) Amity University
4) Lovely Professional University

Ans. :-(1) O.P. Jindal Global University

Ramesh Pokhriyal ‘Nishank’, Union Minister for Education inaugurated the global conference on “Reimagining and Transforming the University: Confluence of Ideas during and Beyond the COVID-19 Disruption” hosted by O.P. Jindal Global University (JGU) and International Institute for Higher Education Research and Capacity Building (IIHEd) on 6th and 7th August 2020.

About Ministry of Education:
Union Minister– Ramesh Pokhriyal ‘Nishank’
Minister of State– Sanjay Dhotre

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