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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21. Which Indian organisation has constituted a working group to study feasibility of forming a ‘pandemic risk pool’?
[A] Reserve Bank of India
[B] Securities Exchange Board of India
[C] Insurance Regulatory and Development Authority
[D] Insolvency and Bankruptcy Board of India
Show Answer
Correct Answer: C [Insurance Regulatory and Development Authority]
Notes:
The Insurance Regulatory and Development Authority (IRDAI) has constituted a working group to study feasibility of forming a ‘pandemic risk pool’.
A pool is proposed to be formed, which addresses the risks that are arising out of the pandemic. The existing insurance laws do not cover business interruption losses and this pool is aimed to address this issue. The panel is expected to submit its report in eight weeks.
22. What is the rate of TDS deducted if cash withdrawal of above 1 crore is made by a person who is an income-tax payee?
[A] 0.5 per cent
[B] 1 per cent
[C] 2 per cent
[D] 3 per cent
Show Answer
Correct Answer: C [2 per cent]
Notes:
TDS is deductible at the rate of 2 % if cash withdrawal of above 1 crore made by a person who is an income-tax payee. While, TDS is deductible at the rate 2 % if cash withdrawal exceeds 20 lakh rupees and at the rate of 5 % if it exceeds one crore rupees, if made by a non-income-tax filer.
The Central Board of Direct Taxes (CBDT) has launched a new tool, through which Banks and Post offices can determine the TDS rates on cash withdrawals, by entering their PAN number.
23. Which international organisation has released a report titled ‘The State of Food Security and Nutrition in the World’?
[A] International Monetary Fund
[B] United Nations
[C] World Economic Forum
[D] Asian Development Bank
Show Answer
Correct Answer: B [United Nations]
Notes:
The United Nations has recently released a report titled ‘the State of Food Security and Nutrition in the World’, prepared jointly by FAO, UNICEF, IFAD and WFP.
As per the report, the number of undernourished people in India has fell down from 249.4 million in 2004-06 to 189.2 million in 2017-19. There was a rise in obesity level in India, as per the report. India and China are the only Asian countries that reported a reduction in number of undernourished people.
24. What is the name of the initiative of Atal Innovation Mission, to identify start-ups with potential Covid-19 innovations?
[A] Bharat Covid
[B] Demo-Days
[C] Dare Covid
[D] Corona Challenge
Show Answer
Correct Answer: B [Demo-Days]
Notes:
The flagship initiative of NITI Aayog, Atal Innovation Mission, (AIM) has launched a programme named ‘Demo-Days’.
The programme aims to identify start-ups with potential Covid-19 innovations and help them develop their ideas into workable solutions which will be deployed across the country. This was launched in partnership with other state-owned bodies including BIRAC, DBT, DST, Start-up India etc.
25. Mile Jedinak, who recently announced his retirement, is associated with which sports?
[A] Athletics
[B] Football
[C] Cricket
[D] Hockey
Show Answer
Correct Answer: B [Football]
Notes:
Former captain of Australian Football team recently announced that he is retiring from all forms of football.
He had earlier announced retirement from international football in the year 2018. The 35-year old footballer led the Australian men’s national team, also called as Socceroos, to the 2015 Asian Cup title.
26. NABARD has launched development projects worth Rs 44 lakhs in which Union Territory?
[A] Lakshadweep
[B] Andaman and Nicobar Islands
[C] Goa
[D] Chandigarh
Show Answer
Correct Answer: B [Andaman and Nicobar Islands]
Notes:
National Bank for Agriculture and Rural Development (NABARD) has launched development projects worth Rs 44 lakhs in Andaman and Nicobar Islands.
The projects include the formation and development of Self-Help Groups (SHGs). The SHG members are provided training and skill development to promote rural entrepreneurship in Mushroom Cultivation and Bamboo Handicrafts making etc. An annual Micro-Entrepreneurship Development Programme will also be organised by NABARD in the UT.
27. Neela Satyanarayan, who recently passed away, was the first woman Chief Election Commissioner of which state?
[A] Tamil Nadu
[B] Maharashtra
[C] Andhra Pradesh
[D] Karnataka
Show Answer
Correct Answer: B [Maharashtra]
Notes:
Neela Satyanarayan, the first woman Chief Election Commissioner of Maharashtra has recently passed away, at the age of 72.
She was a 1972 batch IAS officer and a celebrated author, poet and music composer. She was the additional Chief Secretary of Revenue Department and was made the state Chief Election commissioner after retirement.
28. In which country is the place ‘Pasakha’ located, with which a new trade route has been opened from India?
[A] Bangladesh
[B] Bhutan
[C] Myanmar
[D] Nepal
Show Answer
Correct Answer: B [Bhutan]
Notes:
India and Bhutan have recently opened a new trade route between Jaigaon in West Bengal and Pasakha in Bhutan.
Vehicles carrying goods and commodities plied through the alternate trade route between Jaigaon and Ahlay in Pasakha. As per the Indian Embassy in Thimpu, an additional Land Customs station has been opened at Ahllay, Pasakha by the Government of India.
29. Kaziranga National Park and Tiger Reserve (KNPTR) is located in which state?
[A] Sikkim
[B] Assam
[C] Manipur
[D] Meghalaya
Show Answer
Correct Answer: B [Assam]
Notes:
Kaziranga National Park and Tiger Reserve (KNPTR) is located in the state of Assam. Assam is witnessing heavy floods, which has affected around 40 lakh people.
The Tiger reserve, which is also a UNESO World Heritage site, remains submerged in water, due to the heavy floods. As many as 86 animals have died, including rhinoceros, deer and wild boar. This year’s flood is said to be the sixth worst flood since 1988.
30. Which Indian personality has crossed six crore followers on Twitter?
[A] Ranveer Singh
[B] Virat Kohli
[C] Narendra Modi
[D] Amit Shah
Show Answer
Correct Answer: C [Narendra Modi]
Notes:
Prime Minister of India Narendra Modi has recently crossed six crore followers on micro-blogging platform Twitter.
The Prime Minister joined Twitter in the year 2009 and his handle is following 2,354 accounts. The Twitter handle of the Prime Minister’s Office (PMO) has 3.7 crore followers. US President Donald Trump has over 8.3 crore followers on Twitter.
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