1. As per the Economic Survey 2020-21, what would be India’s GDP growth rate in FY 2021-22?
[A] 5%
[B] 10%
[C] 11%
[D] 15%
Show Answer
Correct Answer: C [11%]
Notes:
In the Economic Survey 2020-21 tabled in the budget session of the Parliament recently, the Government has pegged in the country’s GDP growth rate for FY 2021-22 at 11%. The GDP growth for the current financial year has been estimated at minus 7.7%.
Economic survey is an annual document prepared by the Ministry of Finance under the guidance of Chief Economic Advisor. Krishnamurthy Subramanian is the present Chief Economic Advisor.
2. What is the expansion of BNI, mentioned in the Economic Survey 2020-21?
[A] Broad Necessities Index
[B] Bare Necessities Index
[C] Base Necessities Indicator
[D] Base National Indicators
Show Answer
Correct Answer: B [Bare Necessities Index]
Notes:
The Economic Survey for 2020-21 has mentioned “Bare Necessities Index” (BNI), to describe the inequalities in access to bare necessities like drinking water, sanitation and housing conditions between urban and rural India.
The index lists 26 indicators on five dimensions namely water, sanitation, housing, micro-environment, and other facilities. It also classifies the regions in three levels of access to bare necessities namely high, medium, low.
3. Which country recently commenced operations in its ‘Hualong One unit’ nuclear reactor?
[A] Russia
[B] China
[C] Israel
[D] UAE
Show Answer
Correct Answer: B [China]
Notes:
The China National Nuclear Corporation has stated that it has begun commercial electricity production from its “Hualong One unit” which are the third-generation pressurised water nuclear reactors of the country.
The reactor constructed for more than five years at Fuqing in Fujian province was first connected to the grid in November.
4. Who is the chairperson of 15th Finance Commission?
[A] Raghuram Rajan
[B] NK Singh
[C] D Subbarao
[D] YV Reddy
Show Answer
Correct Answer: B [NK Singh]
Notes:
The 15th Finance Commission headed by NK Singh, with 117 core recommendation, has tabled its report in the Parliament recently.
The Finance Commission maintained the vertical devolution of taxes with the states at 41%. The divisible pool of financial resources is recommended at 42%, with 1% adjustment made for change of status. So, the vertical devolution of taxes to the states stands at 41%.
5. Who won the men’s singles final at badminton World Tour held in Bangkok?
[A] Anders Antonsen
[B] Lin Dan
[C] Jan o Jorgensen
[D] Lee Chong Wei
Show Answer
Correct Answer: A [Anders Antonsen]
Notes:
Anders Antonsen of Denmark won the men’s singles final at badminton World Tour held in Bangkok recently. In the final match, he defeated Viktor Axelsen of Denmark.
The tournament is hosted by Thailand in a bio secure coronavirus bubble. The tournament contained no spectators, to guard against the pandemic.
6. Which Indian city is the venue of the Global Air show ‘Aero India’?
[A] Cochin
[B] Vishakhapatnam
[C] Bengaluru
[D] Chennai
Show Answer
Correct Answer: C [Bengaluru]
Notes:
The 13th edition of Aero India, the Global Air show ‘Aero India’ is being organised at the Yelahanka Air Force Station in Bengaluru.
The exhibition is hosted by the Ministry of Defence’s Defence Exhibition Organisation. This show enables the manufacturers and service providers from the Indian aviation industry meet potential buyers.
7. India’s first Centre for Wetland Conservation and Management has been set up in which Indian city?
[A] Cochin
[B] Chennai
[C] Vishakhapatnam
[D] Guwahati
Show Answer
Correct Answer: B [Chennai]
Notes:
India’s first Centre for Wetland Conservation and Management has been set up in Chennai. It aims to strengthen research for conservation and management of the wetlands.
This has been set up as a part of the National Centre for Sustainable Coastal Management (NCSCM), Chennai. The Centre would also serve as a knowledge hub and facilitate exchanges between state wetland authorities.
8. ‘Manufacturing Zones under Atmanirbhar Bharat Package’ scheme is to be implemented by which Union Ministry?
[A] Ministry of Heavy Industries
[B] Ministry of Power
[C] Ministry of Commerce and Industry
[D] Ministry of Communication
Show Answer
Correct Answer: B [Ministry of Power]
Notes:
The Ministry of Power is set to launch a domestic manufacturing programme for critical power and renewable energy equipment.
The scheme titled ‘Manufacturing Zones under Atmanirbhar Bharat Package’ was announced in the Union Budget. With an outlay of Rs 1,500 crore in the coming financial year, the scheme includes setting up three manufacturing zones per year.
9. Which species has been recently named after the state of Arunachal Pradesh?
[A] Spider
[B] Gecko
[C] Turtle
[D] Butterfly
Show Answer
Correct Answer: B [Gecko]
Notes:
A team of researchers have discovered a new gecko species in the state of Arunachal Pradesh.
The new species belongs to the genus Cyrtodactylus also known as bent-toed geckos. The species was named as Cyrtodactylus arunachalensis after the state of Arunachal Pradesh, in which it was discovered.
10. ‘Pragyan Bharati’ and ‘Bhasha Gourab’ are the recent initiatives of which Indian state?
[A] Uttarakhand
[B] Assam
[C] Telangana
[D] Odisha
Show Answer
Correct Answer: B [Assam]
Notes:
Assam Chief Minister Sarbananda Sonowal recently launched two schemes named ‘Pragyan Bharati’ and ‘Bhasha Gourab’.
Under Pragyan Bharati scheme, funds are provided to college students for purchasing text books while under the Bhasha Gourab scheme, the state government provides financial assistance to 21 Sahitya Sabhas (literary bodies).