Daily Current Affairs Quiz: October 13, 2020
October 13, 2020 May 21, 2021
1. As per the recent announcement of the RBI, which service is to be made available round the clock from December 2020?
[A] NEFT
[B] RTGS
[C] IMPS
[D] BBPS
Show Answer
Correct Answer: B [RTGS]
Notes:
Reserve Bank of India Governor Shaktikanta Das announced that Real Time Gross Settlement (RTGS) payment system will be available round the clock from December 2020.
At present, in the RTGS service, customer transactions are allowed from 7am to 6pm only on a working day. The relaxation of time constraints would make online payment more efficient. The minimum amount to be remitted through RTGS is Rs 2 lakhs with no upper ceiling.
2. Which personality/ institution won the Nobel Peace Prize 2020?
[A] Jacinda Ardern
[B] Greta Thunberg
[C] World Health Organization
[D] UN World Food Programme
Show Answer
Correct Answer: D [UN World Food Programme]
Notes:
The Nobel Peace Prize 2020 was awarded to the United Nations World Food Programme (WFP) for feeding millions of people amid the coronavirus pandemic.
The WFP was founded in the year 1961. The UN organisation had helped 97 million people last year and distributed to over 15 billion rations to people in 88 countries last year. The award consists of a gold medal, a diploma and a cheque for 10 million Swedish kronor.
3. Which is the biggest economy to join COVAX Global Covid-19 vaccine alliance, as on October 10 2020?
[A] India
[B] China
[C] United States
[D] Russia
Show Answer
Correct Answer: B [China]
Notes:
China has formally joined the WHO-backed global Covid-19 vaccine initiative known as COVAX, after signing the agreement with Gavi, the international Vaccine Alliance.
As the United States and Russia stayed out of the initiative, as of October China is the biggest economy to join the WHO-backed global vaccine alliance. The initiative aims to distribute 2 billion doses of vaccines by the end of 2021.
4. What is the name of the Indigenously Developed Anti Radiation Missile, tested by DRDO?
[A] RUDRAM
[B] SHIVA
[C] SHAKTI
[D] RAKSHAK
Show Answer
Correct Answer: A [RUDRAM]
Notes:
Defence Research and Development Organisation (DRDO) conducted a successful test of the New Generation Anti Radiation Missile (NGRAM) called the Rudram-1.
The missile has been tested at the Integrated Test Range (ITR) in Balasore. This is India’s first indigenous anti-radiation missile and it would be launched from various fighter aircraft used by the Indian Air Force.
5. As per the RBI’s announcement, what is the quantum of funds to be provided to banks under on-tap TLTRO?
[A] Rs 1 billion
[B] Rs 1 trillion
[C] Rs 2 billion
[D] Rs 2 trillion
Show Answer
Correct Answer: B [Rs 1 trillion]
Notes:
The Reserve Bank of India (RBI) will provide funds to banks totalling Rs 1 trillion under on-tap targeted long-term repo operations (TLTRO).
The on-tap funds will be deployed by the banks by providing leans to various sectors including real estate, and microfinance. The rate of interest for the funds will be fixed at a floating rate linked to the policy rate and will be available till March 31, 2021
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