1. What is the outlay of the National Infrastructure Plan, recently announced the Union Finance Minister?
[A] Rs.72 lakh crore
[B] Rs.82 lakh crore
[C] Rs.92 lakh crore
[D] Rs. 102 lakh crore
Show Answer
Correct Answer: D [Rs. 102 lakh crore]
Notes:
The Union Finance Minister Nirmala Sitharaman announced a ₹102 lakh crore national infrastructure pipeline. The Ministry of Finance had set up a committee headed by Atanu Chakraborty to prepare a road map for the the ₹100 lakh crore ‘National Infrastructure Pipeline’ (NIP) from 2019-20 to 2024-25. In the plan which involves spending in various sectors, the central government and state governments would have an equal share of 39% each and the private sector would have 22% share.
2. What is the deadline to separate roles of chairman and MD in top 500 companies, as per the recent directions of SEBI?
[A] April 1st,2020
[B] April 1st,2021
[C] April 1st,2022
[D] April 1st,2023
Show Answer
Correct Answer: C [April 1st,2022]
Notes:
As per the recent notification of the Securities Market Regulator SEBI, the deadline to separate roles of chairman and MD in top 500 listed companies by market capitalisation is deferred by two more years to April 2022. Earlier, the top 500 companies were mandated to perform the separation by April 2020.
The proposal of splitting the roles of Chairman and MD was first made by the SEBI’s Committee on Corporate Governance headed by Uday Kotak.
3. According to the recent study conducted by the Swiss bank Julius Baer, which is the most expensive city of the world for luxury goods?
[A] Mumbai
[B] Hong Kong
[C] New York
[D] Singapore
Show Answer
Correct Answer: B [Hong Kong]
Notes:
The Swiss Bank Julius Baer has recently conducted a study on the 28 cities around the world to rank them as expensive in terms of luxury goods and services. According to the study, the bank tracked a basket of luxury goods and the most expensive city for the selected luxury goods is Hong Kong.
Asia is considered to be the most expensive continent as the 2nd, 3rd and 5th ranks were bagged by Shangai, Tokyo and Singapore respectively.
4. What is the name of India’s first e-commerce housing portal, launched by National Real Estate Development Council?
[A] OnepersonOnehouse.com
[B] HousingForAll.com
[C] IndiaHomes.com
[D] IndianRealEstate.com
Show Answer
Correct Answer: B [HousingForAll.com]
Notes:
The National Real Estate Development Council recently announced the launch of India’s first e-commerce housing portal called ‘HousingForAll.Com’. The portal was launched by the Secretary of Housing and Urban Affairs Ministry (MoHUA), Durga Shanker Mishra.
The e-Commerce portal, with nearly 1,000 listed properties, is to host a 45-day nationwide online home-buying campaign for ready-to-move-in homes. Hardeep Puri, Minister of State (IC), MoHUA announced the initiative of e-commerce housing portal, during the first National RERA Conclave held in Lucknow, in November 2019.
5. Amazon India recently partnered with Eastern Railways, to set up a pick-up kiosk in which railway station?
[A] Dum Dum junction
[B] Bidhan Nagar
[C] Sealdah
[D] Durga Nagar
Show Answer
Correct Answer: C [Sealdah]
Notes:
e-Commerce giant, Amazon India recently partnered with Eastern Railways, to set up a pick-up kiosk in Sealdah railway station in Kolkata.
By selecting the railway station as their pick-up location while ordering their products in the company’s website or application, the customers can pick up their packages conveniently at the station. In 2019, Amazon successfully launched pick-up kiosks at four railway stations in Mumbai by partnering with Indian Railways.
6. Flipkart recently signed an MoU with which state’s Handloom and Handicrafts Development Corporation for promotion of local handicrafts?
[A] Odisha
[B] Gujarat
[C] Rajasthan
[D] Himachal Pradesh
Show Answer
Correct Answer: B [Gujarat]
Notes:
e-commerce major Flipkart said it has signed a Memorandum of Understanding with Gujarat state Handloom and Handicrafts Development Corporation (GSHHDC) for promotion of local handicrafts.
The pact is part of the Samarth initiative of Flipkart, which aims at assisting local artisans, weavers and craftsmen to access the global market and establish their business on the Flipkart Marketplace. Under the recent agreement, eligible sellers of the state will receive training and incubation support from Flipkart in many fields including business insights, dedicated seller support and warehousing.
7. India is set to provide grant to which country for up-gradation of plantation schools, for Indian-origin estate workers?
[A] Bangladesh
[B] Sri Lanka
[C] Nepal
[D] Laos
Show Answer
Correct Answer: B [Sri Lanka]
Notes:
India and Sri Lanka have recently signed a memorandum of understanding (MoU) for up-gradation of infrastructure in plantation schools for estate workers of Indian origin.
The MoU was signed in Colombo, under which infrastructure of 9 plantation schools are to be up-graded with the assistance of 30 crore rupees from India. Construction and renovation of several school buildings is also being carried out with Indian grant.
8. Ka-Ching is a co-branded credit card, launched by IndiGo airline in collaboration with which bank?
[A] State Bank of India
[B] ICICI Bank
[C] HDFC Bank
[D] Axis Bank
Show Answer
Correct Answer: C [HDFC Bank]
Notes:
India’s leading airline IndiGo recently launched its first co-branded credit card named ‘Ka-Ching’ in collaboration with HDFC Bank and MasterCard.
The card is available in basic and premium version. The card vouches several benefits such as lounge access, priority check-in at airports, discounted convenience fee and fuel charge waivers.
9. The Cabinet Committee on Economic Affairs recently approved an additional fixed cost of Rs 350 per tonne to which commodity?
[A] Cotton
[B] Urea
[C] Jute
[D] Tea
Show Answer
Correct Answer: B [Urea]
Notes:
The Cabinet Committee on Economic Affairs has recently approved the proposal of Department of fertilizers to remove ambiguities in the Modified New Pricing Scheme -III (NPS-III) in determining the fixed costs for the urea units.
The Modified NPS-III was notified on 2nd April, 2014 but it has not been implemented. This approval will result in providing a grant of additional fixed cost of Rs 350 per tonne to 30 urea manufacturing units and will reduce import dependency.
10. Business application Khatabook entered into a strategic partnership with which Indian personality?
[A] Shah Rukh Khan
[B] Mahendra Singh Dhoni
[C] Ranveer Singh
[D] Virat Kohli
Show Answer
Correct Answer: B [Mahendra Singh Dhoni]
Notes:
Business application Khatabook entered into a strategic partnership with former Indian cricket team captain Mahendra Singh Dhoni.
M.S.Dhoni is set to invest in the firm and also serve as their brand ambassador. Khatabook is an application which helps MSMEs to streamline their business transactions online. The start-up firm has recently crossed 2 crore registered merchants on its app.
