1. India conducted a joint forum meet with which country, under its ‘Act East Policy’?
[A] Nepal
[B] Japan
[C] Thailand
[D] Singapore
Show Answer
Correct Answer: B [Japan]
Notes:
India conducted the 5th Act East Forum (AEF) meet with Japan and both the countries reviewed progress of various ongoing projects in the North-eastern region.
India’s ‘Act East Policy’ and Japan’s vision for a ‘Free and Open Indo-Pacific’ are realised through the Act East Forum, which also provides a collaborative platform in the North Eastern Region. The meeting was co-chaired by Foreign Secretary Harsh Vardhan Shringla.
2. What is India’s rank in Corruption perception index (CPI) – 2020?
[A] 50th
[B] 75th
[C] 80th
[D] 86th
Show Answer
Correct Answer: D [86th]
Notes:
The corruption perception index (CPI) for the year 2020 has been released recently by Transparency International (TI). The index uses a scale of 0 to 100 to rate countries, where 0 is highly corrupt and 100 is very clean.
India slipped six places and has been ranked at 86th position out of 180 countries.
3. Which country has the highest share in global basmati rice trade?
[A] China
[B] India
[C] Pakistan
[D] Nepal
Show Answer
Correct Answer: B [India]
Notes:
India exported 4.45 million tonnes basmati rice (worth USD 4.33 billion) in financial year 2019-20. It has a 65 per cent share in global basmati trade.
Pakistan makes the rest of the global trade. Recently, Pakistan’s basmati rice has received a Geographical Indication (GI) registration within the country. India has applied to the EU for the GI tag for its basmati rice in September 2020. Both countries are exporting basmati to the EU without a GI tag from it.
4. Which tournament would be conducted this year by the BCCI in place of Ranji Trophy?
[A] Anna Hazare Trophy
[B] Sachin Trophy
[C] Vijay Hazare Trophy
[D] Seema Roy Trophy
Show Answer
Correct Answer: C [Vijay Hazare Trophy]
Notes:
The BCCI has decided to conduct Vijay Hazare Trophy in place of its first-class domestic tournament Ranji Trophy.
BCCI has stated that the decision has been made as per the wishes of majority of the state units. Additionally, BCCI would also be hosting U-19 National One Day tournament for the Vinoo Mankad Trophy and a Women’s national 50-over tournament.
5. The death anniversary of which national leader was observed as the Martyrs’ Day on January 30 in India?
[A] Jawaharlal Nehru
[B] Mahatma Gandhi
[C] Bhagat Singh
[D] Sardar Vallabhbhai Patel
Show Answer
Correct Answer: B [Mahatma Gandhi]
Notes:
On 30th Jan 1948, Mahatma Gandhi was assassinated by Nathuram Godse in the year 1948. On this day, India observes Martyrs Day or Shaheed Diwas, to pay homage to Mahatma Gandhi and all martyrs who sacrificed their life for the nation’s freedom.
The 73rd death anniversary of Mahatma Gandhi was observed as Martyrs’ Day recently.
6. Zanskar valley, which was making news recently, is located in which state/UT?
[A] Ladakh
[B] Goa
[C] Sikkim
[D] Himachal Pradesh
Show Answer
Correct Answer: A [Ladakh]
Notes:
The 13-day long Khelo India Zanskar winter sports and youth festival concluded at Zanskar Valley of the Union Territory of Ladakh.
The festival was organized by the Department of Sports & Youth Services and the Ladakh Tourism Department, under the Khelo India scheme. It aims to promote the economic activities and winter tourism in Ladakh.
7. ‘Neptune Declaration’, which was seen in the news recently, is associated with which sector?
[A] Aviation
[B] Migrant Labourers
[C] Maritime
[D] Sports
Show Answer
Correct Answer: C [Maritime]
Notes:
The ‘Neptune Declaration on Seafarer Wellbeing and Crew Change’, is a declaration released by the global maritime industry recently.
The declaration focusses on recognising seafarers as key workers by all governments in line with the UNGA resolution adopted recently. The Maritime Union of India (MUI) urged the Centre to consider the declaration while formulating ‘Maritime India Vision 2030’.
8. What is the expansion of “OPC”, which is seen in the Union Budget 2021-22?
[A] Over the Port Counter
[B] One Person Company
[C] On Port Company
[D] On the go Private Company
Show Answer
Correct Answer: B [One Person Company]
Notes:
As per the Union Budget 2020-21, the government would be incentivizing the incorporation of One Person Companies (OPC) in order to boost the ease of doing business.
The Government has reduced the time limit for Indian citizen to start an OPC from 182 days to 120 days. This move allows NRIs to incorporate OPCs in India.
9. What is the name of the Global conference being hosted by Kerala State Planning Board?
[A] Global Keralites
[B] Kerala Looks Ahead
[C] Kerala Vision 2021
[D] New Kerala
Show Answer
Correct Answer: B [Kerala Looks Ahead]
Notes:
Kerala Chief Minister Pinarayi Vijayan inaugurated the ‘Kerala Looks Ahead,’ a three-day virtual global conclave.
The conference aims to frame the roadmap for long-term development of the state by reaping opinions from top economists, industry leaders and administrators. Star speakers include Nobel laureate Amartya Sen, WHO Scientist Soumya Swaminathan and top industry leaders.
10. RBI has appointed an external firm to audit HDFC Bank under the provisions of which act?
[A] RBI Act
[B] Banking Regulation Act
[C] Negotiable Instruments Act
[D] Information Technology Act
Show Answer
Correct Answer: B [Banking Regulation Act]
Notes:
The Reserve Bank of India (RBI) has appointed an external professional IT firm to carry out a special audit of the entire IT infrastructure of the bank
Earlier, the RBI had penalised the HDFC bank for repeated service failures in internet banking, mobile banking, and payment utilities. This step has been taken by the RBI using the powers conferred under the Banking regulation act, 1949.