Current Affairs Quiz - April, 2020
This page presents 50 random questions from Current Affairs April, 2020 category for April, 2020 month in GKToday. These questions are suitable for SSC, Banking / IBPS, UPSC, IAS, NTSE, CLAT, Railways, NDA, CDS, Judiciary, UPPSC, RPSC, GPSC, MPSC, MPPSC and other states civil services / government job recruitment examinations of India. GKToday publishes 15-20 questions every day in its Yearly Current Affairs Series in GKToday Android App. Download Now.
1. Which Indian newspaper that was being published in the United States for 50 years has ceased its printed edition?
[A] India Abroad
[B] Indians in America
[C] Indian Panorama
[D] Indian Diaspora
Show Answer
Correct Answer: A [India Abroad]
Notes:
One of the ethnic Indian newspapers which was being published in the United States for the last 50 years named ‘India Abroad’ stopped its printed edition recently, amidst the coronavirus outbreak.
It was founded by Indian-American publisher Gopal Raju in the year 1970. The newspaper focussed mainly on Indian news which catered to the Indian diaspora in the United States. The expatriate community in the US were the main audience for the newspaper.
2. As per the recent report of S&P Global Ratings, what is the GDP growth rate of India in the financial year 2020-21?
[A] 5.0%
[B] 4.5%
[C] 3.5%
[D] 2.5%
Show Answer
Correct Answer: C [3.5%]
Notes:
As per the recent report of S&P Global Ratings, the GDP growth of India in the financial year 2020-21 is slashed to 3.5% from its earlier forecast of 5.2%.
The main reason for the decrease is said to be the huge dip in output from the covid-19 outbreak for the Asia-Pacific region. It had also forecasted the Asia-Pacific economy will grow at 2.2% in 2020. Earlier Moody’s Investors Service slashed India’s economic growth projection for 2020 to 2.5%.
3. What is the new limit for investment of Foreign portfolio investors (FPI) in corporate bonds, as per the notification of the Reserve Bank of India?
[A] 10%
[B] 12%
[C] 15%
[D] 17.5%
Show Answer
Correct Answer: C [15%]
Notes:
As per the recent notification of the Reserve Bank of India (RBI), the limit for investment of Foreign portfolio investors (FPI) in corporate bonds is hiked to 15% of outstanding stock for FY2020-21.
FPIs can invest Rs 3.17 lakh crore in Indian corporate bonds, at present. After this hike in limit, they can invest up to Rs 4.29 lakh crore of corporate bonds for the half year April to September 2020, and Rs 5.41 lakh crore for the half year October 2020 to March 2021. The revised limits for FPI investment in Central Government securities (G-secs) and State Development Loans (SDLs) will be notified separately.
4. The 2nd Extraordinary G20 Finance Ministers and Central Bank Governors (FMCBG) meeting was held under the Presidency of which country?
[A] Japan
[B] China
[C] Saudi Arabia
[D] India
Show Answer
Correct Answer: C [Saudi Arabia]
Notes:
The 2nd Extraordinary G20 Finance Ministers and Central Bank Governors (FMCBG) meeting was recently organised via tele-conferencing under the Presidency of Saudi Arabia.
Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman participated in the virtual meeting. The impact of COVID-19 pandemic on the global economy and markets was discussed and coordinate efforts in response to this global challenge. Finance Minister asked for reviewing and enhancing the IMF toolkit.
5. Which Indian private sector bank has recently rolled out banking services on WhatsApp amidst the nation-wide lock-down?
[A] HDFC Bank
[B] ICICI Bank
[C] Axis Bank
[D] Yes Bank
Show Answer
Correct Answer: B [ICICI Bank]
Notes:
India’s leading private lender ICICI Bank recently announced the launch of banking services on WhatsApp amid the nation-wide lockdown resulting from the coronavirus pandemic.
The customers have to save ICICI Bank’s verified WhatsApp profile number in their contact. Using the WhatsApp banking services, the customers are provided with several banking services including checking their savings account balance, last transactions, credit card limit and blocking/unblocking credit and debit card.
6. Which payment company has partnered with ICICI Lombard General Insurance to launch the first coronavirus insurance cover for merchants?
[A] BharatPe
[B] PhonePe
[C] Paytm
[D] Mobikwik
Show Answer
Correct Answer: A [BharatPe]
Notes:
Domestic payment company BharatPe has partnered with ICICI Lombard General Insurance to launch the country’s first coronavirus insurance cover for merchants.
The insurance policy which can be purchased from the BharatPe mobile application aims to cover about 40 lakh shop-keepers, who are more prone to the coronavirus infection amid the lock-down. The health cover pays out 100% of the sum insured if they are tested positive for the pandemic for a premium of ₹199 for a ₹25,000 cover for one year.
7. As per the recent notification of the Reserve Bank of India, what is the new deadline for exporters to realise their export proceeds for exports made up to July 31?
[A] 9 months
[B] 12 months
[C] 15 months
[D] 18 months
Show Answer
Correct Answer: C [15 months]
Notes:
The Reserve Bank of India recently released some measures to deal with the consequence of the coronavirus pandemic. As per the new export norms, the exporters can take 15 months to realise their export proceeds, for exports made up to July 31 against the earlier 9 months.
RBI also increased the Ways and Means Advances limit for state governments and UTs by 30 % till September 30. It also said that the banks are not required to activate counter-cyclical capital buffers for one more year.
8. What is the name of the initiative of Civil Aviation Ministry which aims to supply medical supplies across country amid lockdown?
[A] Corona Udan
[B] Lifeline Udan
[C] Medico Udan
[D] Covid Udan
Show Answer
Correct Answer: B [Lifeline Udan]
Notes:
The Union Ministry of Civil Aviation has launched a new initiative called ‘Lifeline Udan’ under which flights are operated to transport essential medical supplies across the country amid coronavirus lockdown.
The air carriers which are involved in Lifeline Udan operations include Air India, Alliance Air, Indian Air Force and Pawan Hans. Cargo hubs have been established at Delhi, Mumbai, Hyderabad, Bangalore and Kolkata
9. What is the theme of the 2020 World Autism Awareness Day?
[A] Assistive Technologies
[B] The Transition to Adulthood
[C] Together We can
[D] Autism is not a disease
Show Answer
Correct Answer: B [The Transition to Adulthood]
Notes:
Every year, the 2nd day of April has been observed as the World Autism Awareness Day, across the world.
According to the United Nations, the theme of the 2020 World Autism Awareness Day is “The Transition to Adulthood”. The UN Secretary General António Guterres announced that the rights of persons with autism must be taken into account in all responses to the COVID-19 pandemic.
10. Congcong, Lianlian and Chenchen are the recently released mascots of which international sporting event?
[A] Summer Olympics
[B] Winter Olympics
[C] Asian Games
[D] World Games
Show Answer
Correct Answer: C [Asian Games]
Notes:
The official mascots of the 2022 Asian Games were released at a digital launch ceremony in China recently.
Congcong, Lianlian and Chenchen are named as the mascots of the 19th Asian Games, which is scheduled to be held at Hangzhou, China. Three robots nicknamed as ‘Smart Triplets’, representing the mascots were unveiled, to highlight the expertise of the city.
