21. Which Bollywood personality was named by NITI Aayog to promote the Women Entrepreneurship platform (WEP)?
[A] Salman Khan
[B] Akshay Kumar
[C] Sushant Singh Rajput
[D] Vidya Balan
Show Answer
Correct Answer: C [Sushant Singh Rajput]
Notes:
Young Bollywood actor Sushant Singh Rajput was recently found dead at his residence, at the age of 34. Sushant was known for his acclaimed performances in films such as MS Dhoni: The Untold Story, Sonchiriya, Kai Po Che, Detective Byomkesh Bakshy! among others.
The policy think-tank of the Indian government, NITI Aayog signed him to promote the Women Entrepreneurship Platform (WEP) in the year 2018.
22. Which Union Ministry organises ‘ADIP’ scheme, through the Public sector enterprise ALIMCO?
[A] Ministry of Agriculture and Farmers welfare
[B] Ministry of Social Justice and Empowerment
[C] Ministry of Home Affairs
[D] Ministry of Housing and Urban Affairs
Show Answer
Correct Answer: B [Ministry of Social Justice and Empowerment]
Notes:
Union Ministry of Social Justice and Empowerment implements the ‘Assistance to Disabled persons for purchasing / fitting of aids / appliances’ (ADIP) scheme through its Public sector enterprise, Artificial Limbs Manufacturing Corporation of India (ALIMCO).
Recently, a virtual ADIP Camp for free distribution of assistive aids and devices at Block level for Divyangjans under the ADIP scheme was organized at Firozpur District in Punjab. This is the first camp being organized by the ALIMCO after opening of lockdown with the Standard Operating Procedure (SOP).
23. Which organisation launched ‘e-Office’ application in over 500 of its offices to improve e-governance?
[A] Central Board of Indirect Taxes and Customs (CBIC)
[B] Reserve Bank of India (RBI)
[C] Director General of Foreign Trade (DGFT)
[D] Employees’ Provident Fund Organisation (EPFO)
Show Answer
Correct Answer: A [Central Board of Indirect Taxes and Customs (CBIC)]
Notes:
The Central Board of Indirect Taxes and Customs (CBIC) has launched ‘e-Office’ application in over 500 GST and customs offices.
The application has been developed by the National Informatics Centre (NIC). This will enable the automation of internal processes of handling files that have been handled manually and help improve e-governance. Over 50000 officers and staff will use this application.
24. What is the name of the co-founder and chief executive of digital music platform Qyuki Digital Media, who recently passed away?
[A] Samir Bangara
[B] Nagendranath Jha
[C] Sarah Hegazi
[D] Arun Kumar Mehta
Show Answer
Correct Answer: A [Samir Bangara]
Notes:
The co-founder and chief executive of digital music platform Qyuki Digital Media, Samir Bangara, recently passed away following a motorcycle accident.
Samir Bangara had served as Managing Director (Digital) at Disney India, before joining the start-up firm Qyuki. In 2012, Director Shekhar Kapur and Oscar-winning musician AR Rahman launched Qyuki in Mumbai. Samir also played an instrumental role in the sale of Indiagames firm to Disney.
25. As per the report of UN Conference on Trade and Development (UNCTAD), what is the position of India in receiving FDI investments in 2019?
[A] Five
[B] Seven
[C] Nine
[D] Eleven
Show Answer
Correct Answer: C [Nine]
Notes:
As per the recent report of UN Conference on Trade and Development (UNCTAD), India received $51 billion of foreign investments in 2019.
With $51 billion, India was the world’s 9th largest recipient of foreign direct investments (FDI) in 2019. This rank was released in the flagship report of UNCTAD titled ‘The World Investment Report 2020’ released recently. Last year, India managed to attract 42 billion dollars of FDI with the rank of 12. India’s market will continue to attract market-seeking investments, UNCTAD said.
26. The investment arm of NABARD, NABVENTURES Fund I, has made its first investment in which rural fintech start-up?
[A] Jai Kisan
[B] Zest Money
[C] Stellapps
[D] PayU
Show Answer
Correct Answer: A [Jai Kisan]
Notes:
The investment arm of NABARD (National Bank for Agriculture and Rural Development), NABVENTURES Fund I has made its first investment in rural fintech start-up Jai Kisan.
NABVENTURES was launched in May 2019 with a proposed corpus of over ₹500 crore. The investment was made in the Mumbai-based start-up as part of a ₹30 crore funding round. Jai Kisan plans to invest the capital for hiring personnel and investing in its technology platform.
27. How many states have been identified by the Sports Ministry for creating Khelo India State Centre of Excellence (KISCE), in the first phase?
[A] Six
[B] Eight
[C] Ten
[D] Fifteen
Show Answer
Correct Answer: B [Eight]
Notes:
The Union Sports Ministry is set to establish Khelo India State Centres of Excellence (KISCE) under the flagship Khelo India Scheme.
One KISCE will be identified in each state and union territory, to create a strong sporting ecosystem in the country. In the first phase, the Ministry has identified the sports facilities in eight states out of the 15 proposals, to be converted to KISCEs. The eight centres will be given a grant and the government will extend a Viability Gap Funding, for upgradation.
28. Which financial institution is the regulator of housing finance companies (HFCs) after August 2019?
[A] National Housing Bank (NHB)
[B] Reserve Bank of India (RBI)
[C] Small Industries Development Bank of India (SIDBI)
[D] Securities Exchange Board of India (SEBI)
Show Answer
Correct Answer: B [Reserve Bank of India (RBI)]
Notes:
The Reserve Bank of India (RBI) took over the powers to regulate HFCs from the National Housing Bank (NHB) in August 2019.
Recently, RBI proposed to modify the rules of housing finance firms, which includes the formal definition of housing finance as “financing, for purchase/ construction/ reconstruction/ renovation/ repairs of residential dwelling unit”. RBI also proposed to classify HFCs as systemically important HFCs and non-systemically important HFCs.
29. Which global institution has estimated that India’s economy will contract by 4% in the financial year 2020-21?
[A] Asian Infrastructure Investment Bank (AIIB)
[B] Asian Development Bank (ADB)
[C] World Bank
[D] International Monetary Fund (IMF)
Show Answer
Correct Answer: B [Asian Development Bank (ADB)]
Notes:
Manila-based Asian Development Bank recently announced that the economy of India would contract by 4% in the financial year 2020-21.
In its earlier outlook released in the month of April, it had estimated that India would grow at 4%. But it has been reduced to -4%. It also projected that the GDP of India would grow at 5.0% in the following year, as compared to 6.2% projected in April. A growth of 0.1% is expected for the whole Developing economies of Asian region.
30. Who has been reappointed as the Ethics Officer and Ombudsman of Board of Control for Cricket in India (BCCI)?
[A] D K Jain
[B] Sourav Ganguly
[C] Jay Shah
[D] W V Raman
Show Answer
Correct Answer: A [D K Jain]
Notes:
Former Supreme Court Judge D K Jain has been reappointed as the Ethics Officer and Ombudsman of Board of Control for Cricket in India (BCCI).
D K Jain was appointed as the first ever Ombudsman and was later appointed as the Ethics Officer in addition. His term had ended on February 29 this year, but his appointment has been renewed for one more year. Due to the Covid pandemic, the Ombudsman will be conducting hearings virtually.