Current Affairs Quiz: February 27, 2020
February 27, 2020 May 21, 2021
1. The Consumer Protection Act 2019, which is to come into force from April, 2020, makes provisions related to “class action suits”. This suit can be invoked to__?
[A] Sue many producers of same product
[B] Recall an entire batch of faulty products
[C] Sue entire management team of the producers of faulty products
[D] Claim damages for an entire group of consumers of faulty product
Show Answer
Correct Answer: B [Recall an entire batch of faulty products]
Notes:
In April, 2020, consumers in India will be able to initiate class-action lawsuits and also opt for mediation under the new Consumer Protection Act 2019, which gives legal teeth to claims for damages over defective products or poor services. A class action suit is a legal tool that enables an individual complaint of a faulty product/service to be treated as an ‘interest group’ of other people in similar circumstances. The suit can be invoked to recall an entire batch of faulty products based on one complaint. If one lot of an item has a common defect, a single complaint can trigger its recall through ‘class action’.
2. After initially dropping shooting and archery from Commonwealth Games, 2022, it has been recently decided that these two sports will be included and will be organized and funded in India as a part of Birmingham Commonwealth Games, 2022. What is the venue of these two sports in India?
[A] New Delhi
[B] Chandigarh
[C] Bengaluru
[D] Hyderabad
Show Answer
Correct Answer: B [Chandigarh]
Notes:
India had threatened to boycott the Games after shooting and archery were initially dropped. However, final approval was recently given by the Commonwealth Games Federation (CGF) to include these sports. The Commonwealth archery and shooting championships will be held in Chandigarh in January 2022. Medals won will be added to the final tally of participating nations at the Birmingham Commonwealth Games to be held from July 27 to August 7 that year.
3. In which city, India’s Central Vista project, that was recently in news, is coming up?
[A] New Delhi
[B] Mumbai
[C] Hyderabad
[D] Bengaluru
Show Answer
Correct Answer: A [New Delhi]
Notes:
Central Vista is an ambitious plan that includes setting up of a new Parliament building, bringing all central ministries closer, and redeveloping the existing heritage structures in and around the central vista. Under the project, eight new government office buildings, a new Parliament House and a residential complex near the South Block that could house the homes of the Prime Minister and the Vice-President are among the projects that may come.
4. Which of the following African countries has been recently listed in the FATF’s grey list?
[A] Gabon
[B] Algeria
[C] Kenya
[D] Mauritius
Show Answer
Correct Answer: D [Mauritius]
Notes:
Mauritius, long considered a tax haven, has been listed in the FATF’s grey list. This has raised questions about the fate of FPI from Mauritius in India.
5. Who heads the IRDAI committee looking into issue of indemnity based health insurance products for life insurance companies?
[A] D Rajkumar
[B] Pravin Kumar Purwar
[C] Pradosh Kumar Rath
[D] MR Kumar
Show Answer
Correct Answer: D [MR Kumar]
Notes:
The insurance regulator IRDAI has set up a committee to examine whether life insurers can offer indemnity based health policies. IRDAI has now set up a nine-member committee led by MR Kumar, Chairman, Life Insurance Corporation of India to look into the issue.
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