1. 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.
2. After the revision in the interest rates on small savings schemes for the first quarter 2020-21, what is the interest rate for Sukanya Samriddhi Account Scheme?
[A] 8.2%
[B] 8.0%
[C] 7.8%
[D] 7.6%
Show Answer
Correct Answer: D [7.6%]
Notes:
The Government of India lowered the interest rates on various small savings schemes for the first quarter of 2020-21.
As per the revision, the interest rate for the flagship Sukanya Samriddhi Account scheme has been reduced to 7.6% against 8.4% earlier. Investments in PPF will earn 7.1% against 7.9%; the five-year National Savings Certificate will earn 6.8% against 7.9% earlier; KVP will earn 6.9% against 7.6% earlier and five-year Senior Citizens Savings Scheme will return 7.6% against 8.6% earlier.
3. 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
4. What is the name of the hackathon supported by Ministry of Electronics and Information Technology, which aims to find solutions for overcoming COVID-19 pandemic?
[A] Hack the Covid- India
[B] Hack the Crisis- India
[C] Hack Corona – India
[D] Covid Hack India
Show Answer
Correct Answer: B [Hack the Crisis- India]
Notes:
An online hackathon to find working solutions for overcoming COVID-19 pandemic, called ‘Hack the Crisis- India’ has been recently launched.
This hackathon is being organised by ‘Hack A Cause – India’ and ‘FICCI Ladies Organization Pune’. It is supported by Ministry of Electronics and Information Technology. Minister of State of HRD and IT Sanjay Dhotre who launched the hackathon said that over 2,000 teams and 15,000 participants will be participating in 48-hour hackathon.
5. 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.
6. The International Day for Mine Awareness and Assistance in Mine Action is celebrated on which date, every year?
[A] March 31
[B] April 2
[C] April 4
[D] April 6
Show Answer
Correct Answer: C [April 4]
Notes:
The fourth day of April has been observed as the International Day for Mine Awareness and Assistance in Mine Action after the declaration by the UN General Assembly in 2005.
The United Nations Mine Action Service (UNMAS) has been serving for more than 20 years, to save lives, to deliver humanitarian assistance and facilitate recovery activities. In 2015, the UN Secretary-General designated actor Daniel Craig as the first UN Global Advocate for the Elimination of Mines and Explosive Hazards.
7. Which international organisation adopted a resolution on COVID-19 titled ‘Global solidarity to fight the coronavirus disease 2019 (COVID-19)’?
[A] United Nations
[B] United Nations Security Council
[C] World Health Organisation
[D] UNICEF
Show Answer
Correct Answer: A [United Nations]
Notes:
The United Nations General Assembly has unanimously adopted a resolution on COVID-19 recently, which was titled ‘Global solidarity to fight the coronavirus disease 2019 (COVID-19)’.
The resolution was co-sponsored by 188 member nations including India. The 193-member United Nations assembly has called for intensified international cooperation to fight the pandemic. This resolution, which was made under silent procedure, is the first such document on the global pandemic adopted by the UN.
8. Which international organisation released a report titled ‘State of the World’s Nursing 2020’?
[A] International Labour Organisation
[B] United Nations
[C] World Health Organisation
[D] World Economic Forum
Show Answer
Correct Answer: C [World Health Organisation ]
Notes:
The World Health Organisation has recently released a report titled ‘State of the World’s Nursing 2020’, on the occasion of the World Health Day on 7th April 2020.
It states that Nursing is the largest occupational group in the health sector, which accounts for about 59% of the health professions. The report highlights that Investment in nurses will contribute not only to health-related SDG targets, but also to education (SDG 4), gender (SDG 5), decent work and economic growth (SDG 8).
9. What is the name of the online challenge for students, launched by the innovation cell of MHRD and AICTE, for developing solutions to the Coronavirus pandemic?
[A] SAMRIDDHI
[B] SAMADHAN
[C] SOOCHNA
[D] CHUNAUTI
Show Answer
Correct Answer: B [SAMADHAN]
Notes:
The innovation cell of Ministry of HRD and AICTE have recently launched an online challenge for students called ‘SAMADHAN’, in collaboration with Forge and InnovatioCuris.
This challenge calls for students to search and develop quick solutions to the Coronavirus pandemic, that will assist the government agencies and health services. Under the programme, the students and teachers of the country will be motivated for conducting new experiments.
10. The Supreme Court has directed the Central Government to provide PPEs to doctors, medical staff attending to Corona virus patients. What does PPE stand for?
[A] Personal protective equipment
[B] Protective patient equipment
[C] Personal patient evaluation
[D] Protective patient evaluation
Show Answer
Correct Answer: A [Personal protective equipment]
Notes:
The Supreme Court on Wednesday recently ordered the Central Government to ensure the availability of Personal protective equipment (PPE).
It directed the centre to provide sterile medical gloves, medical masks, goggles, face shields, respirators, shoe covers, head covers and coveralls to all health workers including doctors, nurses, ward boys, other medical and paramedical professionals, who are attending to patients suffering from covid-19 in India.