Current Affairs Quiz - July, 2020
GKToday Current Affairs Quiz July, 2020 for SSC, Banking / IBPS, UPSC, IAS, NTSE, CLAT, Railways, NDA, CDS, Judiciary, UPPSC, RPSC, GPSC, MPSC, MPPSC and other states civil services / government job recruitment examinations of India.
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1. What is the tenure of the Taxable Floating Rate Savings Bonds, 2020 introduced by the Government?
[A] 5 years
[B] 6 years
[C] 7 years
[D] 8 years
Show Answer
Correct Answer: C [7 years]
Notes:
The Union Government has announced the launch of Taxable Floating Rate Savings Bonds, 2020, that will be available for subscription for retail investors from July 1, 2020.
The bonds are issued by the Reserve Bank of India on behalf of the Government, replacing the recently withdrawn 7.75% bonds. The interest rate on these bonds will be reset every six months while the initial rate of interest is fixed at 7.15 per cent. The bonds shall be repayable on the expiration of seven years from the date of issue.
2. Lazarus Chakwera has been elected as the President of which African country?
[A] Zimbabwe
[B] Malawi
[C] Zambia
[D] Mozambique
Show Answer
Correct Answer: B [Malawi]
Notes:
The electoral commission of the East African country Malawi has declared opposition alliance leader. Lazarus Chakwera, as the winner of the country’s presidential re-election.
The result of the previous May 2019 election has been declared invalid by the constitutional court, over allegations of irregularities. Lazarus Chakwera secured the required majority defeating the incumbent President Peter Mutharika, who has been in power since 2014.
3. Which global institution has approved a project for India called ‘Strengthening Teaching-Learning and Results for States Program (STARS)’?
[A] World Bank
[B] World Economic Forum
[C] International Monetary Fund
[D] Asian Development Bank
Show Answer
Correct Answer: A [World Bank]
Notes:
The World Bank has recently approved of project called ‘Strengthening Teaching-Learning and Results for States Program (STARS)’ for India.
The project aims to improve the quality and governance of school education in six States of India namely Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha, and Rajasthan, through the Samagra Shiksha. World Bank would provide an assistance of USD 500 million (about Rs 3,700 crore).
4. Which state government is set to launch the ‘Kill Corona’ campaign, to control the spread of coronavirus?
[A] Bihar
[B] Uttar Pradesh
[C] Madhya Pradesh
[D] Gujarat
Show Answer
Correct Answer: C [Madhya Pradesh]
Notes:
The state government of Madhya Pradesh is set to launch a campaign called ‘Kill Corona’, to control the spread of coronavirus in the state.
The 15-day campaign, which is to be carried out from July 1, involves door-to-door survey and tests for other diseases. During the campaign, 2.5 lakh tests will be carried out and about 20,000 samples would be collected daily.
5. Who has been re-appointed as the Attorney General (AG) of India?
[A] Ranjit Kumar
[B] K.K. Venugopal
[C] Tushar Mehta
[D] Maninder Singh
Show Answer
Correct Answer: B [K.K. Venugopal]
Notes:
The President of India has re-appointed K.K. Venugopal as the Attorney General (AG) of India for one more year. The Appointments Committee of the Cabinet (ACC), headed by Prime Minister approved the extension in term of Tushar Mehta as the Solicitor General (SG) for three years.
Six new Additional Solicitors General (ASGs) were appointed and tenure of five existing Additional Solicitors General (ASGs) was extended. Venugopal took over as the AG in 2017, succeeding Mukul Rohatgi.
6. Which former Union Minister is to lead the proposed Co-Operative Development Forum (CDF)?
[A] Suresh Prabhu
[B] Gopinathrao
[C] Kalraj Mishra
[D] Maneka Sanjay Gandhi
Show Answer
Correct Answer: A [Suresh Prabhu]
Notes:
Former Union minister and Rajya Sabha member Suresh Prabhu is to lead a Co-Operative Development Forum (CDF).
The CDF forum, that is likely to be formally launched on July 24, aims to work towards promoting cooperative movement in the country and boost the rural economy. Suresh Prabhu is also the Sherpa of India for G 20. The forum also aims to formulate the modern National/ State Cooperative Policy.
7. When is ‘Chartered Accountants (CA) Day’ celebrated in India?
[A] July 1
[B] July 2
[C] July 3
[D] July 4
Show Answer
Correct Answer: A [July 1]
Notes:
Charted Accountants (CA) Day is celebrated on July 1 every year to commemorate the finding of the Institute of Chartered Accountants of India (ICAI).
The Institute of Chartered Accountants of India (ICAI) was established by the parliament of India in 1949 under an Act. It is the national professional accounting body and the second biggest accounting organization in the world.
8. Coal India has partnered with which other PSU to form a Joint Venture Company, to develop green power?
[A] NLC India
[B] GAIL
[C] ONGC
[D] NTPC Ltd
Show Answer
Correct Answer: A [NLC India]
Notes:
Two Central public sector undertakings under the Ministry of Coal, namely the NLC India Ltd and Coal India have signed an agreement to form a Joint Venture Company, to develop green power.
The JV company aims to develop solar and thermal power assets of 5000 MW (5 GW) across the country. In the proposed company, both the enterprises will invest in the ratio of 50:50. The expertise of both PSUs would be used for developing power sector.
9. What is the name of the potential COVID-19 vaccine, to be developed by Indian Council of Medical Research (ICMR)?
[A] Covidin
[B] Covaxin
[C] Comedin
[D] Coresearch
Show Answer
Correct Answer: B [Covaxin]
Notes:
Indian Council of Medical Research (ICMR) has partnered with Bharat Biotech for development of potential COVID-19 vaccine called Covaxin.
The Drugs Controller General of India has granted permission to conduct phase-1 and 2 human clinical trials. Recently, ICMR has announced that it is acting in accordance with the globally accepted standards to develop the vaccine.
10. Who has authored the book titled ‘Getting Competitive: A Practitioner’s Guide for India’?
[A] R C Bhargava
[B] Mohit Burman
[C] Jagdish Khattar
[D] Sunil Duggal
Show Answer
Correct Answer: A [R C Bhargava]
Notes:
Former Chief Executive Officer and present Chairperson of Maruti Suzuki R C Bhargava has authored the book titled ‘Getting Competitive: A Practitioner’s Guide for India’.
In his book which is set to release, R C Bhargava explains his experience of more than 60 years as an industry leader. He has also given practical solutions to create a globally competitive country.
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