1. The Union Government has decided to forego interest on eight categories of loans up to what amount, on account of Covid-19?
[A] Rs 25 lakh
[B] Rs 50 lakh
[C] Rs 1 crore
[D] Rs 2 crore
Show Answer
Correct Answer: D [Rs 2 crore]
Notes:
The Central Government has decided to forego interest on eight specified categories of loans paid up to Rs two crore, on account of Covid-19 pandemic.
The Supreme Court of India has directed the government again to take steps to forego the interest in eight categories of loans, namely MSME, Education, Housing, Consumer durable, Credit card, Automobile, Personal and Consumption.
2. Which award is given to individuals for their sustained and significant efforts to protect environment?
[A] Able Climate Prize
[B] Stockholm Nature Prize
[C] Goldman Environmental Prize
[D] Soviet Environmental Prize
Show Answer
Correct Answer: C [Goldman Environmental Prize]
Notes:
The Goldman Environmental Prize is awarded to 6 individuals each year to recognize their efforts to save and protect environment. The prize is selected by an international jury among nominations submitted by global environment organisations and individuals.
Leydy Pech, Kristal Ambrose, Paul Sein Twa, Lucie Pinson, Chibze Ezekiel, Nemonte Nenquimo are the six personalities chosen for this year’s award.
3. Which country has become the first in the West, to approve coronavirus vaccine for mass production?
[A] USA
[B] UK
[C] France
[D] Germany
Show Answer
Correct Answer: B [UK]
Notes:
The United Kingdom has become the first nation in the world to approve coronavirus vaccine made by Pfizer – BioNTech.
The country’s medical regulator has given a nod for commercial production and mass vaccination. The vaccine is said to offer 95% protection against Covid disease. The country aims to produce 8 lakh doses in the next few days.
4. ‘The 18th-century idol of Goddess Annapurna’, which was stolen from Varanasi, is being returned by which country?
[A] United Kingdom
[B] Canada
[C] Russia
[D] Brazil
Show Answer
Correct Answer: B [Canada]
Notes:
The 18th-century idol of Goddess Annapurna that was stolen from a temple in Varanasi, is being returned by Canada.
As per a government statement, the ancient idol was stolen about 100 years ago. The idol is said to have housed in Canada’s MacKenzie Art Gallery. It was handed over to India’s High Commissioner to Ottawa.
5. Which organization has released the provisional 2020 State of the Global Climate report?
[A] UNFCC
[B] WMO
[C] IMF
[D] UNESCO
Show Answer
Correct Answer: B [WMO]
Notes:
As per the provisional 2020 State of the Global Climate report released by U.N.’s World Meteorological Organization (WMO), the last 6 years from 2015 to 2020 are the hottest years on record.
The report has stated that the average global temperature in 2020 would be 1.2 degrees Celsius above the pre-industrial level
6. Which country has eliminated per country cap on employment-based immigration visas?
[A] China
[B] Japan
[C] UK
[D] USA
Show Answer
Correct Answer: D [USA]
Notes:
The Senate of United States of America has passed a bill which envisages to remove the restrictions on number of employment related immigration visas from a particular country.
This bill has been passed unanimously by the Senate. This relaxed legislation is expected to benefit many Indian professionals in America.
7. What is the new repo rate after the RBIS’s Monetary Policy Committee meeting of December 2020?
[A] 4.2 per cent
[B] 4.0 per cent
[C] 3.8 per cent
[D] 3.5 per cent
Show Answer
Correct Answer: B [4.0 per cent]
Notes:
The Reserve Bank of India’s Monetary Policy Committee (MPC) held on December 4, 2020 decided to keep interest rates unchanged with an “accommodative” policy stance.
The MPC has kept repo rate unchanged at 4% and maintained reverse repo rate at 3.35%. RBI also predicted a real GDP growth of -7.5% for FY21, from the earlier prediction of -9.5%. MPC also expected that the inflation rate will remain high.
8. 3RF Plan prepared by World Bank, the European Union (EU) and UN, is intended to help which country?
[A] Britain
[B] China
[C] Lebanon
[D] Indonesia
Show Answer
Correct Answer: C [Lebanon]
Notes:
In response to the August 4 Ammonium Nitrate explosions that occurred in Beirut, the capital city of Lebanon, a new framework named Reform, Recovery and Reconstruction Framework (3RF) has been announced by the UN Secretary-General Antonio Guterres.
The plan has been prepared jointly by World Bank, the European Union (EU) and the UN.
9. Mamit district, which topped the Niti Aayog’s October rankings of aspirational districts, is in which state?
[A] Assam
[B] Sikkim
[C] Mizoram
[D] Madhya Pradesh
Show Answer
Correct Answer: C [Mizoram]
Notes:
Mamit district of the state of Mizoram has topped the rankings of aspirational districts by Niti Aayog for October.
Banka of Bihar and Dhenkanal of Odisha have been placed at the second and third positions, respectively. Niti Aayog assesses the incremental progress made by over 112 aspirational districts across six developmental areas.
10. When is the ‘International Day of Banks’ celebrated by the UN for the first time in 2020?
[A] December 2
[B] December 4
[C] December 6
[D] December 8
Show Answer
Correct Answer: B [December 4]
Notes:
In 2019, the United Nations General Assembly designated December 4 as the International Day of Banks. It is celebrated for the first time in 2020.
The day is celebrated to recognise the importance of multilateral development banks and international development banks in financing sustainable development. It also recognises the role of the banking systems in improving the standard of living.