41. The Reserve Bank of India (RBI) is conducting an OMO for purchase of Rs 10,000 crore worth government securities. What does OMO stand for?
[A] Open Money Operations
[B] Open Market Operations
[C] Overview of Market Operations
[D] Overview of Money Operations
Show Answer
Correct Answer: B [Open Market Operations]
Notes:
The Reserve Bank of India (RBI) is conducting Open Market Operations (OMO) in the form of purchase of Rs 10,000 crore worth government securities.
This important step of the central bank has been announced at the backdrop of the increased risks of COVID-19 pandemic. The operation would increase the liquidity in the Indian economy and would help the financial market segments which are affected by the economic risks.
42. ‘RAISE 2020’, which was seen in news, is the first global Artificial Intelligence Summit of which country?
[A] France
[B] United States
[C] India
[D] United Arab Emirates
Show Answer
Correct Answer: C [India]
Notes:
The Ministry of Electronics and Information Technology is to organise the first Global AI Summit in India (RAISE 2020).
This was in news recently, as the AI summit was postponed to October 5-6, 2020 due to the rising number of cases of Covid-19. It was initially scheduled to be held in the month of April. The summit is to be attended by academics, AI start-ups and big tech firms.
43. A three-time Grammy-winning American singer recently passed away. What is the name of the singer?
[A] Kenny Rogers
[B] Iryna Bekeshkina
[C] Aileen Baviera
[D] Gianni Mura
Show Answer
Correct Answer: A [Kenny Rogers]
Notes:
American actor-singer Kenny Rogers recently passed away at the age of 81. He was a three-time Grammy-winning singer.
The singer was famous for various genres of his music albums including jazz, folk, country and pop. Some of his popular musical works includes ‘Lucille,’ ‘Lady’ and ‘Islands in the Stream’. He was celebrated as a Superstar by his fans during 1970’s and 80’s.
44. Which global rating agency has estimated the cost of COVID-19 outbreak for 14 Asia-Pacific countries at $620 billion?
[A] Fitch
[B] S&P Global Ratings
[C] Moody’s
[D] AM Best
Show Answer
Correct Answer: B [S&P Global Ratings]
Notes:
International ratings agency S&P Global Ratings has recently estimated the cost of COVID-19 outbreak for 14 Asia-Pacific countries at $620 billion.
Though a country-wise break-up was not provided for its estimate, it said that the total and permanent income loss will affect the balance-sheets of government, banks, corporates and households. Last week, S&P cut India’s growth rate to 5.2% in 2020-21.
45. The state of Bihar was formed on March 22nd of which year?
[A] 1902
[B] 1912
[C] 1942
[D] 1952
Show Answer
Correct Answer: B [1912]
Notes:
Bihar Day (Bihar Sthapana Diwas) is celebrated in the state of Bihar on March 22, every year. IT marks the anniversary of the date of formation of the state, when the British bifurcated it from the then Bengal Presidency on the same day in 1912.
Every year, the state holds several events and celebrations on the Bihar Day. But due to coronavirus scare, the events have been postponed this time
46. The first COVID-19 dedicated hospital of India is set up in which city?
[A] Mumbai
[B] Pune
[C] Indore
[D] Cochin
Show Answer
Correct Answer: A [Mumbai]
Notes:
Sir HN Reliance Foundation Hospital along with the Brihanmumbai Municipal Corporation (BMC), has set up a dedicated COVID-19 centre at Seven Hills Hospital, Mumbai.
The 100 bedded hospital will serve patients, who are checked positive for COVID-19. It is fully funded by Reliance Foundation and has been set up in 2 weeks. It also includes a negative pressure room which prevents cross-contamination and controls infection.
47. ‘Clara’, an Artificial Intelligence (AI) bot, which helps to self-check COVID-19, is introduced by which country?
[A] United States
[B] China
[C] Russia
[D] Italy
Show Answer
Correct Answer: A [United States]
Notes:
The U.S. Centers for Disease Control and Prevention (CDC) has introduced an Artificial Intelligence (AI) bot, called ‘Clara’ to assist people in finding the potential symptoms of COVID-19.
The CDC has collaborated with CDC Foundation and Healthcare Bot service of Microsoft Azure to develop the self-checking bot Clara. It is currently available only in the United States on the CDC website. It provides information about the disease, suggests the course of action and helps to handle the illness at home.
48. The Cabinet Committee on Economic Affairs (CCEA) approved a ₹1285 Cr project of Aligarh-Harduaganj flyover, which is proposed to be located in which state?
[A] Uttarakhand
[B] Uttar Pradesh
[C] Haryana
[D] Madhya Pradesh
Show Answer
Correct Answer: B [Uttar Pradesh]
Notes:
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved the construction of 22 km-long railway flyover between Aligarh-Harduaganj in Uttar Pradesh.
The project entails an estimated cost of ₹1,285 crore to remove traffic jam in the area. This project is expected to curb the delays and detention of trains at Aligarh junction. The flyover project is expected to be completed by 2024-25.
49. International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is observed on which date?
[A] March 23
[B] March 25
[C] March 27
[D] March 29
Show Answer
Correct Answer: B [March 25]
Notes:
International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is observed on March 25 every year, across the world. The day honours those who suffered and died due to brutal slavery system. It also aims to raise awareness about the dangers of racism and prejudice.
The International Day of Solidarity with Detained and Missing Staff Members is also observed on March 25. It marks the anniversary of the abduction of a former journalist named Alec Collett, who worked for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).
50. ‘Days of Glory’ and ‘Mourning en masse’ are the famous paintings of which Indian artist, who recently passed away?
[A] Nemai Ghosh
[B] Nagorav Vitthalrao Deshpande
[C] Satish Gujral
[D] Jayram Kulkarni
Show Answer
Correct Answer: C [Satish Gujral]
Notes:
Renowned artist and architect Satish Gujral recently passed away at the age of 94. He was much admired for his versatile art works in genres including painting, architecture, sculpture and graphic arts.
The artist was also the recipient of the second-highest civilian award, Padma Vibhushan in 1999. He was the brother of former Prime Minister IK Gujral. His famous works include the Belgium Embassy in New Delhi and the alphabet mural on the wall of the Delhi High Court. ‘Days of Glory’ and ‘Mourning en masse’ are some among his most popular paintings.