1. ‘Amrut Mahotsav’, which was seen in the news recently, is the celebration of which event?
[A] 125th birth anniversary of Netaji
[B] 75th year of India’s Independence
[C] 50th year of 1971 War
[D] 50th year of Kargil War
Show Answer
Correct Answer: B [75th year of India’s Independence]
Notes:
The Budget Session of Parliament recently began with the address of President Ram Nath Kovind to the joint sitting of both Houses of Parliament.
During the address, the President mentioned that the ‘Amrut Mahotsav’ will be observed in the country from this year, to mark commencement of the celebrations towards the 75th year of India’s Independence.
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. As per the ‘India Justice Report’, which state has employed most women in its police force?
[A] Kerala
[B] Bihar
[C] West Bengal
[D] Karnataka
Show Answer
Correct Answer: B [Bihar]
Notes:
The ‘India Justice Report’ was an initiative of Tata Trusts, along with the Centre for Social Justice and some other social agencies.
The report analysed expenditure, vacancies, representation of women and members of SC, ST and OBCs across large, mid-sized states and smaller states. Bihar has employed most women in its police force at 25.3 per cent. Tamil Nadu has the highest percentage of women police officers and Karnataka is the only state to meet SC, ST and OBC quotas.
4. Which disease is also called as the ‘Hansen’s’ disease?
[A] Cholera
[B] Polio
[C] Leprosy
[D] Cancer
Show Answer
Correct Answer: C [Leprosy]
Notes:
Leprosy, also known as Hansen’s disease, is an infectious disease caused by a bacillus Mycobacterium leprae. It is named after the Norwegian physician Gerhard Armauer Hansen, who identified the bacterium.
World Leprosy Day is celebrated on the last Sunday of January every year to increase awareness on the disease. In India, the day is being observed on January 30 this year, on the death anniversary of Mahatma Gandhi.
5. Which organization has released the framework for strengthening the grievance redress mechanism in banks?
[A] SEBI
[B] RBI
[C] Ministry of Finance
[D] IBBI
Show Answer
Correct Answer: B [RBI]
Notes:
The Reserve Bank of India has recently announced a framework to strengthen the grievance redress mechanism in Banks. The framework mandates all banks (excluding regional rural banks) to have enhanced disclosures on complaints.
This move of Reserve Bank comes at the back drop of increase in customer complaints in the banking industry in the recent years.
6. ‘MITRA’ scheme, which was announced in the recent Union Budget is related to which sector?
[A] Agriculture
[B] Textile
[C] MSME
[D] Banking
Show Answer
Correct Answer: B [Textile]
Notes:
In the Union Budget 2021-22, Finance Minister Nirmala Sitharaman announced a scheme of Mega Investment Textiles Parks (MITRA).
The scheme is to be launched in addition to the Production Linked Incentive (PLI) scheme. It aims to help the industry become competitive, attract investments and boost employment generation. Under the scheme, 7 Textile Parks will be established over 3 years.
7. Aadi Mahotsav is an initiative of which Union Ministry?
[A] Agriculture and Farmers Welfare Ministry
[B] Tribal Affairs Ministry
[C] Culture Ministry
[D] Tourism Ministry
Show Answer
Correct Answer: B [Tribal Affairs Ministry]
Notes:
Vice President M. Venkaiah Naidu inaugurated Aadi Mahotsav, a National Tribal Festival at Dilli Haat, New Delhi. The event is scheduled to be held from February 1 to February 15, this year.
Aadi Mahotsav is a national-level tribal festival and a joint initiative of Ministry of Tribal Affairs, and the Tribal Cooperative Marketing Development Federation of India (TRIFED). The event showcases traditional art, handicrafts and cultural heritage of the country. It has been organised from 2017.
8. 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.
9. Which Technology company has launched a new initiative called ‘Startup School’?
[A] Microsoft
[B] Google
[C] Amazon
[D] Apple
Show Answer
Correct Answer: B [Google]
Notes:
Tech major Google has launched a new initiative named ‘Startup School’ to train start-up founders and their teams across the Asia Pacific region.
It is a virtual programme which provides a series of free virtual courses for start-up founders and their teams. Courses on digital marketing, product knowledge and business strategy would be the focus areas.
10. Which organisation proposed a plan to develop ‘Little Andaman Island’ as a tourism hotspot?
[A] Tourism Ministry
[B] NITI Aayog
[C] NHAI
[D] IRCTC
Show Answer
Correct Answer: B [NITI Aayog]
Notes:
NITI Aayog has recently released the ‘Sustainable Development of Little Andaman Island – Vision Document’.
As per the document, it has proposed a plan for the sustainable development of the 680 sq km Little Andaman Island in the Andaman and Nicobar island group. A new greenfield coastal city is to be developed as a free trade zone to compete with Singapore and Hong Kong.