41. The Supreme Court recently upheld the validity of which law/act, to protect the bidders for corporate debtors?
[A] Foreign Exchange Management Act
[B] Insolvency Bankruptcy Code
[C] Consumer Protection Act
[D] SARFAESI Act
Show Answer
Correct Answer: B [Insolvency Bankruptcy Code]
Notes:
The Supreme Court upheld the validity of Section 32 A of the Insolvency Bankruptcy Code (IBC) in its recent judgement.
The apex court held that the successful bidders for a corporate debtor under the Insolvency and Bankruptcy Code (IBC) would be immune from any investigations being conducted by investigating agencies such as the ‘Enforcement Directorate’ or statutory bodies such as SEBI.
42. ‘Ooceraea joshii’, is an Ant species recently discovered in which state?
[A] Telangana
[B] Kerala
[C] Andhra Pradesh
[D] Karnataka
Show Answer
Correct Answer: B [Kerala]
Notes:
Two new species of a rare ant genus have been recently discovered in Kerala and Tamil Nadu by a team of scientists from Punjabi University.
One of the two species which was discovered found in the Periyar Tiger Reserve of Kerala has been named Ooceraea Joshii, to honour the veteran biologist ‘Amitabh Joshi’.
43. An FIR has been filed by which organization against Cambridge Analytica and Global Scientific Research for data theft in India?
[A] CBI
[B] Enforcement Directorate
[C] Directorate General of Telecommunication
[D] National Investigation Agency
Show Answer
Correct Answer: A [CBI]
Notes:
Recently, the Central Board of Investigation (CBI) has filed a First Information Report (FIR) against two UK based firms Cambridge Analytica and Global Scientific Research.
The FIR has been filed after 30 months since probe was initiated against these two firms, based on a complaint by the IT Ministry. Investigation have revealed that the firm Global Scientific Research has illegally harvested Indian data and passed on to Cambridge Analytica for commercial gains.
44. Which organization has adopted a resolution titled “Promoting a culture of peace and tolerance to safeguard religious sites”?
[A] WHO
[B] WTO
[C] United Nations
[D] WIPO
Show Answer
Correct Answer: C [United Nations]
Notes:
A resolution titled “Promoting a culture of peace and tolerance to safeguard religious sites” has been adopted in the United Nations General Assembly recently.
The resolution calls for efforts to promote a culture of tolerance and peace at all levels. It also invites the Secretary General to convene a global conference to advance the UN’s “Plan of Action to Safeguard Religious Sites”.
45. Which organization has issued Purple Notice to member countries against investment frauds via dating applications?
[A] UNFCCC
[B] International Court of Justice
[C] World Trade Organization
[D] Interpol
Show Answer
Correct Answer: D [Interpol]
Notes:
The Interpol has issued “Purple Notice” to all its member countries. The notice warns all the member countries against investment frauds via dating applications.
It has been stated that artificial romance is established with users of the apps in the initial stages and once a certain level of trust is achieved, criminals encourage users to join ponzi investment schemes.
46. The World Health Organization (WHO) has collaborated with which company to distribute Covid vaccines under Covax alliance?
[A] Pfizer
[B] Roche
[C] Merck
[D] Johnson & Johnson
Show Answer
Correct Answer: A [Pfizer]
Notes:
The World Health Organization (WHO) has collaborated with the American pharmaceutical firm Pfizer recently.
As per the deal, 40 million doses of the Pfizer-BioNTech coronavirus vaccine will be distributed for poor and lower-middle income countries under its COVAX programme.
47. Janet Yellen has been appointed as the first woman Treasury secretary of which country?
[A] New Zealand
[B] Australia
[C] United States
[D] United Kingdom
Show Answer
Correct Answer: C [United States]
Notes:
The United States Senate confirmed veteran economist Janet Yellen as first woman Treasury Secretary of the country.
The 74-year-old eminent economist is also the Former chairperson of the Federal Reserve during the Global Financial Crisis. She is the third cabinet member of the Biden Administration to be confirmed by the Senate.
48. Where is the headquarters of the World Customs Organization (WCO) located?
[A] Rome
[B] Paris
[C] Brussels
[D] Berlin
Show Answer
Correct Answer: C [Brussels]
Notes:
The International Customs Day is celebrated every year on January 26 across the world, led by the World Customs Organization (WCO). It is headquartered at Brussels, Belgium.
It was earlier called as the Customs Cooperation Council (CCC). The Day has been celebrated since 1983. This year the theme is ‘Customs bolstering Recovery, Renewal and Resilience for a sustainable supply chain’
49. ‘START (Strategic Arms Reduction Treaty)’ is an agreement between which two countries?
[A] China-U.S.
[B] Russia- U.S.
[C] Germany- Russia
[D] China-Russia
Show Answer
Correct Answer: B [Russia- U.S.]
Notes:
START (Strategic Arms Reduction Treaty) is a bilateral agreement signed in 2010 between the United States and Russia.
The treaty, which emphasised on the reduction and limitation of strategic nuclear arms by the two countries, is set to expire next week. Russia’s lower house of parliament approved the extension of the treaty.
50. ‘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.
