Current Affairs Quiz - August, 2020
11. The Information & Broadcasting Ministry has launched a dedicated Door Darshan channel for which state?
[A] Meghalaya
[B] Assam
[C] Manipur
[D] Sikkim
Show Answer
Correct Answer: B [Assam]
Notes:
Union Minister of Information and Broadcasting Prakash Javadekar has virtually launched ‘DD Assam’ channel, jointly with the Chief Minister of Assam.
The 24×7 channel will showcase the rich history of the state with programs like music programmes, travelogues, reality shows and feature films focussing on folk culture and tribal life. Door Darshan has already been running channels in several north eastern states.
12. Shivajirao Patil Nilangekar, who passed away recently, was the former Chief Minister of which state?
[A] Karnataka
[B] Maharashtra
[C] Madhya Pradesh
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Maharashtra]
Notes:
Former Maharashtra Chief minister Shivajirao Patil Nilangekar passed away at the age of 89, due to prolonged illness.
He had earlier been tested positive for coronavirus disease. Nilangekar was a Congress leader, who was the Chief Minister of Maharashtra from June 1985 and March 1986. However, he resigned from the post after an allegation and order of the Bombay High Court.
13. Which mode of payment clocked its highest monthly transactions since its inception in July, at 1.49 billion?
[A] UPI
[B] FASTag
[C] BBPS
[D] IMPS
Show Answer
Correct Answer: A [UPI]
Notes:
The Unified Payments Interface (UPI) has touched a record high transaction of 1.49 billion in the month of July.
This is its highest count of transactions since its inception and a 11% growth over that of the previous month. The monthly transactions were worth Rs 2.9 trillion. IMPS recorded 222.1 million transactions in July while Bharat Bill Payment Services hit 20.16 million transactions.
14. India has contributed USD 15.46 million to which international Partnership Fund?
[A] India-UN Development Partnership Fund
[B] India- BIMSTEC Fund
[C] G20 Partnership Fund
[D] ASEAN Partnership Fund
Show Answer
Correct Answer: A [India-UN Development Partnership Fund]
Notes:
India has recently contributed a sum of USD 15.46 million to the India-UN Development Partnership Fund.
India’s Permanent Representative to the UN Ambassador T S Tirumurti handed over it to the United Nations Office for South-South Cooperation (UNOSSC). This UN Office manages the India-UN Development Partnership Fund. In the 15 million fund, USD 6 million goes to the overall fund and the remaining to the Commonwealth countries.
15. What is the enhanced limit for loan against Gold, after the recent direction of the Reserve Bank of India?
[A] 100 per cent
[B] 90 per cent
[C] 75 percent
[D] 50 per cent
Show Answer
Correct Answer: B [90 per cent]
Notes:
The Reserve Bank of India (RBI) has enhanced the amount of loan that banks can provide against the pledge of gold ornaments and jewellery.
As per the guidelines, banks can give 90 per cent of the pledged gold as loan for non-agricultural purposes. Earlier, the loan to value (LTV) limit was 75 per cent. This will only be applicable to banks and not to gold loan companies and will be valid till March 2021.
16. Who has been appointed as the Comptroller and Auditor General (CAG) of India?
[A] G.C. Murmu
[B] Vinod Rai
[C] N K Singh
[D] Ranjan Gogoi
Show Answer
Correct Answer: A [G.C. Murmu]
Notes:
As per the recent notification of the Department of Economic Affairs, Girish Chandra Murmu has been appointed as the next Comptroller and Auditor General of India.
G C Murmu was the former Lieutenant Governor of Jammu & Kashmir. He was replaced by Manoj Sinha. The 60-year-old Indian Administrative Service Officer has replaced the previous Comptroller and Auditor General of India, Rajiv Mehrishi.
17. The Export Import Bank of India (EXIM Bank) has extended a USD 250 million worth LoC to which country, to improve its power supply quality?
[A] Mozambique
[B] Maldives
[C] Malaysia
[D] Mauritius
Show Answer
Correct Answer: A [Mozambique]
Notes:
Export-Import Bank of India (Exim Bank) has extended a USD 250-million worth Line of credit (LOC) to Mozambique to improve power supply quality in the country.
With the signing of this LoC Agreement, India has so far extended 14 LoCs to Mozambique worth USD 772.44 million. A total of 264 LoCs have been extended to as many as 62 countries across the world around USD 25.98 billion.
18. Which Indian pharmaceutical industry has partnered with GAVI and the Bill & Melinda Gates Foundation, to produce 100 million doses of Covid-19 vaccines?
[A] Serum Institute of India
[B] Sun Pharma
[C] CADILA
[D] Apex Pharmaceuticals
Show Answer
Correct Answer: A [Serum Institute of India]
Notes:
Pune-based Serum Institute of India has partnered with international vaccine alliance, GAVI and the Bill & Melinda Gates Foundation to fast track the production of 100 million doses of COVID-19 vaccines.
The vaccines would be developed for India and other low- and middle-income countries. Serum Institute of India (SII) is the world’s largest vaccine manufacturer. It had bagged the contract with AstraZeneca to supply Oxford University’s potential COVID-19 vaccine.
19. Which Indian state has announced its own new Industrial Policy 2020, with an annual outlay of Rs 8000 crore?
[A] Karnataka
[B] Andhra Pradesh
[C] Gujarat
[D] Tamil Nadu
Show Answer
Correct Answer: C [Gujarat]
Notes:
The state government of Gujarat has announced its new Industrial Policy 2020 for the State, with an expected annual outlay of up to Rs 8000 crore.
The policy aims to attract investments for job creation, value-addition, adoption of technology among others. Under the policy, Industries will be able to get government land for projects on long-term lease up to 50 years, at 6 per cent of the market rate.
20. Who won the ‘Asian College of Journalism’s Award for Investigative Journalism’?
[A] Nitin Sethi
[B] Siddharth Varadarajan
[C] Malini Parthasarathy
[D] Raghav Bahl
Show Answer
Correct Answer: A [Nitin Sethi]
Notes:
Indian Journalist Nitin Sethi has won the prestigious investigative journalism award, given by the Asian College of Journalism.
He has been awarded for his coverage and investigative articles on Electoral Bonds, published on Huffington Post India. K. P. Narayana Kumar Memorial Award for Social Impact Journalism was awarded to the Hindu’s Shiv Sahay Singh.
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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