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 global financial institution is to invest $100 million equivalent in the Fund of Funds of National Investment and Infrastructure Fund (NIIF)?
[A] World Bank
[B] International Monetary Fund
[C] Asian Development Bank
[D] European Central Bank
Show Answer
Correct Answer: C [Asian Development Bank]
Notes:
Manila-based Asian Development Bank (ADB) is to invest $100 million equivalent in the National Investment and Infrastructure Fund-NIIF’s Fund of Funds.
ADB joins the Government of India (GOI) and Asian Infrastructure Investment Bank (AIIB) as an investor in one of the instruments of NIIF of India. NIIF is an investment platform for Indian and international investors where they are mandated to invest equity capital in domestic infrastructure.
2. According to the recent announcement from the Minister of Petroleum and Natural Gas, which country has assured uninterrupted supply of LPG to India?
[A] Saudi Arabia
[B] Iran
[C] Iraq
[D] Venezuela
Show Answer
Correct Answer: A [Saudi Arabia]
Notes:
Union Minister of Petroleum and Natural Gas Dharmendra Pradhan recently announced that Saudi Arabia has assured India of uninterrupted supply of Liquified Petroleum Gas (LPG).
The Minister announced this after his discussions with Saudi Minister of Energy, Prince Abdulaziz bin Salman. As the cooking gas demand surged due to the nation-wide lockdown, Saudi Arabia has assured of LPG supplies to support the domestic requirement in the upcoming days.
3. What is the limit of the short-term crop loan, for which a subvention of two per cent per annum is provided under the Interest Subvention scheme?
[A] Rs 1 lakh
[B] Rs 2 lakh
[C] Rs 3 lakh
[D] Rs 5 lakh
Show Answer
Correct Answer: C [Rs 3 lakh]
Notes:
Under the Interest Subvention Scheme, a subvention of two per cent per annum is provided for short-term crop loan of up to Rs 3 lakh per farmer.
As per the recent notification from the Ministry of Agriculture, as the government has extended the subsidy to banks till May 31, the farmers will be given a subvention of 2 % for short term crop loans up to Rs. 3 lakhs. The farmers who repay the loans promptly will continue to get the loans at 4 per cent.
4. “Stranded in India” is a portal launched by which Union Ministry to help foreign tourists who are stranded in the country amid the prevailing lockdown?
[A] Ministry of External Affairs
[B] Ministry of Tourism
[C] Ministry of Home Affairs
[D] Ministry of Information and Broadcasting
Show Answer
Correct Answer: B [Ministry of Tourism]
Notes:
The Union Ministry of Tourism has launched a new portal named ‘Stranded in India’, to assist the foreign tourists who are stranded in the country amid the prevailing lockdown.
The portal aims to extend support to tourists by circulating information about the services available for them in India. The portal comprises of information about the helpline numbers and call-centres, about the control centres of External affairs Ministry and regional support.
5. All private sector and foreign banks should intimate re-appointment of MD & CEO how many months in advance, as per the new stipulation of the Reserve Bank of India?
[A] Three
[B] Four
[C] Six
[D] Eight
Show Answer
Correct Answer: C [Six]
Notes:
As per the new stipulation of the Reserve Bank of India, all private sector and foreign banks will have to intimate cases of re-appointment of Managing Director and Chief executives to the Central Bank, 6 months in advance.
Earlier the practice was intimating the cases 4 months in advance. The number of names required to be mentioned in cases of fresh appointments of MD and CEOs has also been reduced to two, from three earlier.
6. The Foreign Trade Policy, which has been extended till March 2021, came into force in which year?
[A] 2014
[B] 2015
[C] 2016
[D] 2017
Show Answer
Correct Answer: B [2015]
Notes:
The Union Ministry of Commerce and Industry recently announced changes in the Foreign Trade Policy (FTP) of the Indian Government.
The present policy had been valid for 5 years up to March 31, 2020 while it came into force on 1st April, 2015. At the backdrop of the coronavirus pandemic, the Government has decided to extend the policy by one more year, up to 31 March, 2021.
7. 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.
8. What is the name of the Nobel Prize-winning physicist known for his work on magnetism and superconductivity, who recently passed away?
[A] Adam Schlesinger
[B] Philip Anderson
[C] Sir James Gowans
[D] Vincent Marzello
Show Answer
Correct Answer: B [Philip Anderson]
Notes:
The Nobel Prize-winning physicist, Philip Anderson recently passed away in the United States at the age of 96.
The physicist was known for making the science community understand about magnetism and superconductivity and for starting solid state physics as a field. He had been the inspiration for other Nobel-prize winning physicists including Brian Josephson (1973) and F. Duncan Haldane (2016).
9. Tony-Lewis, who devised DLS method, recently passed away. DLS is a mathematical formula associated with which game?
[A] Football
[B] Cricket
[C] Tennis
[D] Squash
Show Answer
Correct Answer: B [Cricket]
Notes:
Tony Lewis devised the Duckworth-Lewis along with a mathematician Frank Duckworth, which is a mathematical formula used to determine the winner in cricket games that are affected by bad weather.
The method was introduced in 1997 and adopted by the International cricket council (ICC) in 1999. It was renamed as Duckworth-Lewis-Stern Method in 2014. Tony Lewis was a recipient of the MBE (Member of the Order of the British Empire) for his outstanding work in the field of Mathematics and Cricket.
10. According to the recent announcement of the Health Ministry, about 50 Crore citizens will be eligible for free COVID-19 testing and treatment under which scheme?
[A] Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana- PMJAY
[B] Pradhan Mantri Swasthya Suraksha Yojana
[C] Rashtriya Swasthya Bima Yojana
[D] Pradhan Mantri Poshan Abhiyan
Show Answer
Correct Answer: A [Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana- PMJAY]
Notes:
As per the recent announcement of the Union Health Minister Dr Harsh Vardhan, more than 50 crore vulnerable citizens will be eligible for free COVID-19 testing and treatment under Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana- PMJAY.
The Minister also appealed to the private labs and hospitals to come forward and become a part of this initiative. Hospitals empanelled under the AB-PMJAY scheme can use their authorised testing facilities or tie up with an authorised testing facility to provide this service.
The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year.
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