Current Affairs Quiz - March, 2020
This page presents 50 random questions from Current Affairs March, 2020 category for March, 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.
31. The Reserve Bank of India issued guidelines for implementation of Ind AS by Non-banking financial companies (NBFCs) and Asset reconstruction companies (ARCs). What does Ind AS stand for?
[A] Indian Accounting Standards
[B] International Accounting Standards
[C] Indian Asset Standards
[D] International Asset Standards
Show Answer
Correct Answer: A [Indian Accounting Standards]
Notes:
The Reserve Bank on Friday issued regulatory guidelines for implementation of Indian Accounting Standards (Ind AS) by Non-banking financial companies (NBFCs) and Asset reconstruction companies (ARCs) when they prepare their financial results from FY20.
Indian Accounting Standards is the Accounting standard adopted by companies in India and they are issued under the supervision of Accounting Standards Board (ASB). The Ind AS have been formulated to converge our standards with International Financial Reporting Standards (IFRS)
32. India has appealed against the closure of Ambedkar House memorial. It is located in which country?
[A] France
[B] United Kingdom
[C] Russia
[D] Japan
Show Answer
Correct Answer: B [United Kingdom]
Notes:
India has appealed against the closure of Ambedkar House memorial to the United Kingdom government. Recently the UK accepted the proposal and announced that the memorial in in north London will remain open to visitors.
Earlier, the memorial faced closure due to a breach of planning norms for residential area. Dr Babasaheb Ambedkar lived in 1921-22 when he was studying at London School of Economics in Camden. The home was bought by the Maharashtra government and it was renovated into a memorial.
33. In the video conference held between the leaders of SAARC member countries, which country proposed a “Covid-19 emergency fund”?
[A] Sri Lanka
[B] India
[C] Pakistan
[D] Bangladesh
Show Answer
Correct Answer: B [India]
Notes:
A meeting of the heads of countries of the SAARC alliance was held via video conferencing recently. Last time the leaders had a meeting together in November 2014.
During the meeting, the Prime Minister of India Narendra Modi proposed a “Covid-19 emergency fund” to which India would provide $10 million as an initial contribution. He offered the services of a rapid response team of doctors armed with testing kits. The Prime Minister also offered online training for health workers in SAARC countries for upgrading skills to tackle Covid-19.
34. “Chief Ministers Akhannaba Sanaroisingi Tengbang (CMAST)” and “Chief Ministergi Artiste Singgi Tengbang (CMAT)” are the new schemes of which state?
[A] Manipur
[B] Assam
[C] Meghalaya
[D] Nagaland
Show Answer
Correct Answer: A [Manipur]
Notes:
Chief Minister of Manipur N Biren Singh recently launched two new schemes named “Chief Ministers Akhannaba Sanaroisingi Tengbang (CMAST)” and “Chief Ministergi Artiste Singgi Tengbang (CMAT)” with an outlay of Rs 7.36 crore and Rs.5.7 crore respectively.
The CMAST scheme aims to provide suitable government job to sportspersons who win medals in international events. Incentive to local clubs, cash awards to medal winners, assistance for purchasing sports items are also included. CMAT scheme aims to support artistes in performing arts, literary arts and visual arts.
35. Which technological firm along with NASSCOM Foundation launched the ‘Innovate for Accessible India’ campaign?
[A] Google
[B] Microsoft
[C] Amazon
[D] Apple
Show Answer
Correct Answer: B [Microsoft]
Notes:
Microsoft India and NASSCOM Foundation partnered to launch the ‘Innovate for Accessible India’ campaign. The campaign aims at empowering people with disabilities with the technology required for better access to equal opportunities.
The campaign invites applications from students, citizens and social organisations to build customised solutions that address challenges faced by people with disabilities. The ten best solutions will be provided mentoring support by Microsoft and NASSCOM Foundation, along with financial grants.
36. Which Indian state has set up a panel to study the proposal to pay cash directly to labourers’ bank accounts, to protect them from income loss due to COVID-19?
[A] Odisha
[B] Uttar Pradesh
[C] Kerala
[D] Telangana
Show Answer
Correct Answer: B [Uttar Pradesh]
Notes:
The most populous state of the country, Uttar Pradesh is planning to provide cash transfers to daily-wage labourers to protect them from income loss in economic slowdown due to COVID-19.
The state has set up a panel to study the proposal for transferring cash directly to bank accounts of labourers. The report is expected to be submitted within three days. Several countries have already launched ‘stimulus package’ to protect their economy and working population.
37. The Defence Ministry signed an 880-crore contract for procurement of 16,479 light machine guns (LMGs) from which country?
[A] United States
[B] Israel
[C] France
[D] Russia
Show Answer
Correct Answer: B [Israel]
Notes:
The Defence Ministry has recently signed an 880-crore contract with Israel Weapons Industries (IWI) for procurement of 16,479 light machine guns (LMGs).
According to the contract which was signed with the Israel-based arms industry company, it would provide Negev 7.62 x 51 mm light machine guns to the Indian armed forces. This type of LMG is a combat proven weapon and used by several countries around the globe at present.
38. Which country has handed over the Olympic flame to Tokyo 2020 organisers?
[A] China
[B] Greece
[C] Brazil
[D] United Kingdom
Show Answer
Correct Answer: B [Greece]
Notes:
In a ceremony at iconic Panathenaic stadium of Athens, Greece has handed over the Olympic flame to Tokyo 2020 organisers.
The ceremony did not include the planned cultural ceremonies from Greece or Japan, due to COVID-19 pandemic. The Governing Olympic body of Greece, Hellenic Olympic Committee’s President Spyros Capralos handed the torch over to the Tokyo Organising Committee. The Hellenic Olympic Committee organises the lighting ceremony of Olympic Torch and its relay in Greece.
39. P.K. Banerjee, who recently passed away, was a legendary personality associated with which sports?
[A] Cricket
[B] Football
[C] Hockey
[D] Boxing
Show Answer
Correct Answer: B [Football]
Notes:
Legendary India footballer P.K. Banerjee recently passed away at the age of 83. He was a member of the 1962 Asian Games gold-medal winning India football team.
The veteran football player scored 65 international goals in a total of 84 appearances for the national team. Banerjee represented India in the 1956 Melbourne Olympics and led India in the 1960 Rome Olympics. The international governing body of Football game, FIFA awarded him the Centennial Order of Merit in 2004.
40. The study of the fossil of a fish called Elpistostege watsoni revealed the evolutionary origin of which part of the human body?
[A] Heart
[B] Hand
[C] Lungs
[D] Brain
Show Answer
Correct Answer: B [Hand]
Notes:
The recent research of the fossil of a fish called Elpistostege watsoni has revealed the evolutionary origin of human hands.
After the research on the fossil of the fish, which was believed to be in today’s Canada about 380 million years ago, scientists have found the evolutionary origins. This research represents a crucial stage in the history of life on Earth especially the transition of fish to land vertebrates.
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