1. Which sports association has been recognised as the official body by the Sports Ministry of India?
[A] Handball Association of India
[B] Silambam Association
[C] Taekwando Association
[D] Ringball Association of India
Show Answer
Correct Answer: A [Handball Association of India]
Notes:
The Sports Ministry has decided to recognise the Handball Association of India (HAI) as the official body to run the game in the country.
Recently the IOA also gave HAI recognition after it agreed to merge with the Handball Federation of India (HFI). India has been preparing for the upcoming Hangzhou Asian Games.
2. Which state/UT released draft rules for implementation of ‘Provisions of the Panchayats (Extension to Scheduled Areas) Act’?
[A] West Bengal
[B] Jharkhand
[C] Bihar
[D] Assam
Show Answer
Correct Answer: B [Jharkhand]
Notes:
The Jharkhand government released draft rules for the effective implementation of The Provisions of the Panchayats (Extension to Scheduled Areas) Act, commonly known as PESA, which was enacted in 1996.
The purpose of PESA is to establish self-governance through gram sabhas for the residents living in Scheduled Areas.
3. Which company is involved in the advanced-stage clinical trial of skin cancer vaccine?
[A] Dr Reddys
[B] Bharat Biotech
[C] Moderna
[D] Serum Institute of India
Show Answer
Correct Answer: C [Moderna]
Notes:
Recently, Moderna and its collaborator Merck announced the commencement of patient enrolment for an advanced-stage clinical trial.
This trial aims to test their customized mRNA-based vaccine for skin cancer, in combination with the immunotherapy drug Keytruda. Melanoma is the most deadly form of skin cancer.
4. What is the name of the motorsport championship for electric cars?
[A] Formula 2
[B] Formula E
[C] EC Formula
[D] EC Racing
Show Answer
Correct Answer: B [Formula E]
Notes:
The single-seater motorsport championship for electric cars is called as ‘Formula E’. Jake Dennis became the first British driver to win the all-electric Formula E world championship when he finished second for Avalanche Andretti in the London E-prix.
Formula E’s first season was in 2014-15 and Dennis is the eighth driver to take the title with France’s Jean-Eric Vergne the only double champion.
5. What is the process of removing securities of a listed company from a stock exchange?
[A] Delisting
[B] White-listing
[C] Black-listing
[D] Stock-listing
Show Answer
Correct Answer: A [Delisting]
Notes:
Delisting means removing the securities of a listed company from a stock exchange. Once delisted, the securities of that company can no longer be traded on the stock exchange.
The Securities and Exchange Board of India (SEBI) is currently reassessing the delisting regulations applied to listed companies, aiming to curb share manipulation in companies that choose to delist from the stock exchanges.
6. Which institution has released the guidelines on Corporate Debt Market Development Fund (CDMDF)?
[A] RBI
[B] SEBI
[C] Finance Ministry
[D] BSE
Show Answer
Correct Answer: B [SEBI]
Notes:
The capital markets regulator – SEBI (Securities and Exchange Board of India) has released the guidelines for the Corporate Debt Market Development Fund (CDMDF).
The fund’s purpose is to serve as a backstop facility, facilitating the purchase of investment-grade corporate debt securities during times of market stress, thereby boosting confidence among participants in the corporate debt market.
7. Which state is set to launch ‘Shubhayatra’ scheme to provide financial support to overseas emigrants from the State?
[A] West Bengal
[B] Kerala
[C] Karnataka
[D] Punjab
Show Answer
Correct Answer: B [Kerala]
Notes:
The Kerala state government is set to roll out a unique scheme to provide financial support to first-time overseas emigrants from Kerala.
Titled ‘Shubhayatra’, the project envisages creating a positive and productive migration ecosystem by providing a financial assistance of up to ₹2 lakh with a tax holiday for six months and interest subvention to meet the incidental expense of eligible candidates.
8. What is the expansion of ‘CDMDF’ which was launched by the Union Finance Minister recently?
[A] Corporate Debt Market Development Fund
[B] Company Debt Market Development Fund
[C] Client Debt Market Development Fund
[D] Corporate Dual Market Development Fund
Show Answer
Correct Answer: A [Corporate Debt Market Development Fund]
Notes:
The AMC Repo Clearing Limited (ARCL) and Corporate Debt Market Development Fund (CDMDF) were inaugurated by Union Finance Minister Nirmala Sitharaman.
The CDMDF was announced in the 2021-22 Union Budget to enhance liquidity in the Corporate Bond market during stressed and normal times.
9.
Which state is planning to launch Labour Bima Scheme?
[A] Uttar Pradesh
[B] Telangana
[C] Maharashtra
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Telangana]
Notes:
The Government of Telangana is planning to launch a scheme named Labour Bima on the lines of the existing scheme Rythu Bima.
It is an insurance scheme and the insurance coverage for the beneficiaries will be raised from ₹1.5 lakh to ₹3 lakh. It is also proposed that the renewal period will be extended from five years to ten years.
10.
Which country has recently conducted a referendum for a New Constitution?
[A] China
[B] Central African Republic
[C] United Kingdom
[D] Norway
Show Answer
Correct Answer: B [Central African Republic]
Notes:
The Central African Republic, a land locked country in African continent, has conducted a voting in a referendum for a new constitution. This comes after the country witnessing multiple coups.
In 2020, Mr. Touadera secured a second term as President of the country until 2025. If the referendum is passed, it would allow the existing President for a third term.