11. As per a recent report, about 400 million workers of India will fall into poverty. Which international organisation released the report?
[A] World Bank
[B] World Economic Forum
[C] International Labour Organisation
[D] United Nations
Show Answer
Correct Answer: C [International Labour Organisation]
Notes:
According to a recent report form International Labour Organisation (ILO) titled ‘ILO Monitor 2nd edition: COVID-19 and the world of work’, about 400 million workers of India will fall into poverty.
India has nearly 90 per cent of its people working in informal economy. It also revealed that the lockdown measures in India have impacted these workers significantly. The measures are at the high end of University of Oxford’s COVID-19 Government Response Stringency Index.
12. Government has directed Food Corporation of India to provide food grains to NGOs at OMSS rates. What does OMSS stand for?
[A] Open Market Sale Scheme
[B] Out Market Sale Scheme
[C] Open Market State Scheme
[D] Out Market Sale Scheme
Show Answer
Correct Answer: A [Open Market Sale Scheme]
Notes:
Government has directed Food Corporation of India to provide food grains to NGOs and charitable organisations providing cooked meals to the needy at OMSS (Open Market Sale Scheme).
During the period of nationwide lockdown, the organisations can buy wheat and rice from FCI godowns without going through the e-auction. OMSS reserve price for rice is ₹2,250 per quintal and price of wheat is ₹2,135 per quintal. Earlier, only State governments and registered bulk users were allowed to buy from FCI under OMSS rates.
13. The report titled ‘Economic and Social Survey of Asia and the Pacific (ESCAP) 2020: Towards sustainable economies’ has been released by which global organisation?
[A] United Nations
[B] World Bank
[C] World Economic Forum
[D] International Labour Organisation
Show Answer
Correct Answer: A [United Nations]
Notes:
The United Nations has recently released a report titled ‘Economic and Social Survey of Asia and the Pacific (ESCAP) 2020: Towards sustainable economies’.
As per the report, the GDP growth of India for the current fiscal is expected to dip to 4.8 per cent. The report also warned that the COVID-19 pandemic would result in adverse economic impacts globally. UN had earlier estimated the GDP growth of India at 5% for the current fiscal.
14. In the commemoration of small contingent of CRPF who successfully repulsed an attack by a Pakistani Brigade in 1965, April 9 is celebrated as which day?
[A] Bravery Day
[B] Valour Day
[C] Courage Day
[D] Martyrdom Day
Show Answer
Correct Answer: B [Valour Day]
Notes:
On April 9th, 1965 a small contingent of CRPF successfully fought and repulsed an attack by a Pakistani Brigade at Sardar Post in the Rann of Kutch, Gujarat.
That was the first time in the history of military battles, two companies of policemen fought back a whole infantry Brigade. Six CRPF men attained martyrdom during this attack. As a tribute to the martyrs of CRPF, April 9 is celebrated by the CRPF as ‘Valour Day’.
15. Which Indian personality features in the Twitter campaign launched by the Reserve Bank of India, to promote digital banking amid the lockdown?
[A] Virat Kohli
[B] Viswanathan Anand
[C] Amitabh Bachchan
[D] Aamir Khan
Show Answer
Correct Answer: C [Amitabh Bachchan]
Notes:
To promote digital banking among the general public amid the nation-wide lockdown resulting from the coronavirus pandemic, the Reserve Bank of India has launched a Twitter campaign.
The central bank asked the bank customers to adopt digital modes of payment which are convenient and safe. Through the campaign that was launched in public interest, the RBI highlighted the multiple digital payment options such as NEFT, IMPS, UPI and BBPS that are available 24*7.
16. National Pension System (NPS) subscribers are to be allowed partial withdrawal for covering expenses for COVID-19 treatment. Which organisation manages NPS?
[A] Insurance Regulatory and Development Authority (IRDAI)
[B] Pension Fund Regulatory and Development Authority of India (PFRDA)
[C] Life Insurance Corporation of India (LIC)
[D] Securities and Exchange Board of India (SEBI)
Show Answer
Correct Answer: B [Pension Fund Regulatory and Development Authority of India (PFRDA)]
Notes:
The Pension Fund Regulatory and Development Authority of India (PFRDA) recently announced that the National Pension System (NPS) subscribers will be allowed partial withdrawal for covering expenses related to COVID-19 treatment.
It also announced that COVID-19 would be declared as a critical illness which is life threatening in nature. PFRDA also announced that there is no provision for partial withdrawal for Atal Pension Yojana (APY) customers at present. Both NPS and APY are managed and run by PFRDA.
17. Which e-commerce firm has launched an exclusive insurance policy to cover COVID-19, in association with ICICI Lombard and Go Digit General Insurance?
[A] Amazon
[B] Flipkart
[C] Snapdeal
[D] Paytm
Show Answer
Correct Answer: B [Flipkart]
Notes:
E-commerce marketplace Flipkart has launched an exclusive insurance policy to cover COVID-19, in association with ICICI Lombard and Go Digit General Insurance. The two health insurance policies, which provide instant claim benefits, do not require any medical tests at the time of purchase.
The COVID-19 Protection Cover by ICICI Lombard provides ₹25,000 benefit, on positive diagnosis of COVID-19, at an annual premium of ₹159. The cover by Digit Insurance provides hospitalization cover up to a sum assured of ₹1 lakh with an annual premium of ₹511.
18. Which former Governor of the Reserve Bank of India has been named in the external advisory group of the IMF Chief Kristalina Georgieva?
[A]
Urjit Patel
[B] Raghuram Rajan
[C] Y V Reddy
[D] D Subbarao
Show Answer
Correct Answer: B [Raghuram Rajan]
Notes:
The Chief of International Monetary Fund Kristalina Georgieva has recently named former Governor of the Reserve Bank of India Raghuram Rajan and 11 other experts in her external advisory group.
The group is expected to provide perspectives on policy issues and responses to the challenges faced by the world due to the coronavirus pandemic. The group has 12 eminent individuals who have expertise in policy-making, global market and private sector. Raghuram Rajan is currently serving as a professor at the University of Chicago.
19. National Safe Motherhood Day is celebrated on April 11. Which scheme was launched in 2011, to encourage institutional deliveries?
[A] Janani Shishu Suraksha Karyakaram
[B] Janani Suraksha Yojana
[C] Pradhan Mantri Surakshit Matritva Abhiyan
[D] Pradhan Mantri Matru Vandana Yojana
Show Answer
Correct Answer: A [Janani Shishu Suraksha Karyakaram ]
Notes:
In 2003, the government of India declared the national safe motherhood day on April 11, which is the birth anniversary of Kasturba Gandhi, wife of Mahatma Gandhi. The day is celebrated to raise awareness about access to care during pregnancy, childbirth and postnatal services.
The government of India has launched Janani Shishu Suraksha Karyakaram in 2011, to motivate the general public to opt for institutional deliveries. It aimed to eliminate out of pocket expenses for pregnant women and infants in accessing public health institution.
20. The International Day of Human Space Flight is celebrated on April 12, to commemorate the first flight carried out by which astronaut?
[A] Neil Armstrong
[B] Yuri Gagarin
[C] Valentina Tereshkova
[D] Alan Shepard
Show Answer
Correct Answer: B [Yuri Gagarin]
Notes:
The United Nations General Assembly declared 12 April as the International Day of Human Space Flight in the year 2011.
12 April 1961 was the date of the first human space flight, carried out by the Russian cosmonaut Yuri Gagarin, who was the first person to fly in space. The day is celebrated to commemorate this historic event which opened the way for space exploration across the globe.