1. Justin Trudeau, has been elected as the Prime Minister of which country, for the third time?
Correct Answer: D [Canada]
Notes:
Justin Trudeau – the Liberal party leader of Canada has been elected as the Prime Minister of the country for the third time.
He has been in power since 2015 and has won 3 elections in a term of 6 years. Justin Trudeau called for a snap election in the month of August 2021, with an aim to win a majority in the elections. But, in the present election, he could not win a majority.
Justin Trudeau – the Liberal party leader of Canada has been elected as the Prime Minister of the country for the third time.
He has been in power since 2015 and has won 3 elections in a term of 6 years. Justin Trudeau called for a snap election in the month of August 2021, with an aim to win a majority in the elections. But, in the present election, he could not win a majority.
2. With which country, India formally launched negotiation on Comprehensive Economic Partnership Agreement (CEPA)?
Correct Answer: D [UAE]
Notes:
The United Arab Emirates (UAE) is India’s 3rd largest trading partner in terms of value in 2019 and 2020 and the trade value is presently valued close to USD 59 billion. It is also India’s 2nd largest export destination after the USA.
Recently, India and UAE have formally launched negotiation on a Comprehensive Economic Partnership Agreement (CEPA), which is expected to increase the bilateral trade between the two countries to USD 100 billion in 5 years.
The United Arab Emirates (UAE) is India’s 3rd largest trading partner in terms of value in 2019 and 2020 and the trade value is presently valued close to USD 59 billion. It is also India’s 2nd largest export destination after the USA.
Recently, India and UAE have formally launched negotiation on a Comprehensive Economic Partnership Agreement (CEPA), which is expected to increase the bilateral trade between the two countries to USD 100 billion in 5 years.
3. “National single-window system for investors and businesses” has been launched to achieve which of the following objectives?
Correct Answer: A [Single window for approval and clearance]
Notes:
The Government of India has recently launched the “National single-window system for investors and businesses”. This portal is designed to act as a single point of contact for obtaining all approval and clearance for business enterprises and investors. This would enhance Ease of Doing Business, transparency, and accountability.
Presently, approvals across 18 central departments and nine states have been onboarded to the portal and another 14 departments would be onboarded by December 2021.
The Government of India has recently launched the “National single-window system for investors and businesses”. This portal is designed to act as a single point of contact for obtaining all approval and clearance for business enterprises and investors. This would enhance Ease of Doing Business, transparency, and accountability.
Presently, approvals across 18 central departments and nine states have been onboarded to the portal and another 14 departments would be onboarded by December 2021.
4. India has recently come out with easing the rules for storage of which hazardous chemical?
Correct Answer: D [Ammonium nitrate and Calcium carbide]
Notes:
The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India has revised and eased the rules pertaining to storage and handling of ammonium nitrate and calcium carbide, for improved safety.
This revision comes at the backdrop of the deadly Beirut (capital of Lebanon) explosion which occurred due to storage of 3,000 tons of ammonium nitrate at the port for 6 years.
The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India has revised and eased the rules pertaining to storage and handling of ammonium nitrate and calcium carbide, for improved safety.
This revision comes at the backdrop of the deadly Beirut (capital of Lebanon) explosion which occurred due to storage of 3,000 tons of ammonium nitrate at the port for 6 years.
5. Which Bank has committed a sum of Rs.30,000 crore lending in India, towards sustainable financing till FY 2026?
Correct Answer: B [Axis Bank]
Notes:
India’s leading private sector Bank – Axis Bank, has committed a sum of Rs.30,000 crore for lending to sustainable financing till the financial year 2025-26, which is in line with the Sustainable Development Goals. This commitment is intended to assist India to reach the SDG targets by 2030.
The Bank intends to make wholesale lending to Sustainable Development projects which would have positive social and environmental impact.
India’s leading private sector Bank – Axis Bank, has committed a sum of Rs.30,000 crore for lending to sustainable financing till the financial year 2025-26, which is in line with the Sustainable Development Goals. This commitment is intended to assist India to reach the SDG targets by 2030.
The Bank intends to make wholesale lending to Sustainable Development projects which would have positive social and environmental impact.