31. Which company has become India’s first $150 bn company and has also become net debt-free recently?
[A] Reliance Industries
[B] Tata Consultancy Services
[C] HDFC Bank
[D] State Bank of India
Show Answer
Correct Answer: A [Reliance Industries]
Notes:
Reliance Industries has recently become the first Indian company to be valued at $150 billion. It also became the first company to be valued at over Rs 11 lakh crore, in rupee terms.
Reliance Industries is among the most valued energy companies in the world, at present. In the last two months, the company raised about Rs 1.69 lakh crore from global investors and a rights issue. As per the company’s release, Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020 and with these investments, RIL has become net debt-free.
32. What is the name of the economist and founder of Centre for Economic and Social Studies, who recently passed away?
[A] BPR Vithal Baru
[B] Ramchand Goala
[C] A. L. Raghavan
[D] Vidyaben Shah
Show Answer
Correct Answer: A [BPR Vithal Baru]
Notes:
Veteran economist and retired IAS officer BPR Vithal Baru passed away recently, at the age of 93, due to age-related ailments.
Vithal Baru had served in several important assignments including Secretary Finance and Planning in the state of Andhra Pradesh from 1972 to 1982 and Member of 10th Finance Commission. He had also been the Chairman of Expenditure Commission, Kerala. He also established the Centre for Economic and Social Studies (CESS), Hyderabad.
33. Which special day is observed every year on June 19, that is associated with a genetic illness?
[A] World Diabetes Day
[B] World Sickle Cell Day
[C] World Hepatitis Day
[D] World Epilepsy Day
Show Answer
Correct Answer: B [World Sickle Cell Day]
Notes:
World Sickle Cell Day is observed globally on 19 June every year. This year is the 40th year of observance of the day by the Sickle Cell Society.
The UN General Assembly recognised sickle cell disease as a public health problem and one of the world’s foremost genetic diseases. If someone has the Sickle Cell disease, the red blood cells become hard and look like a sickle. It restricts the movement of oxygen carried by the red blood cells.
34. When is the ‘International Day for the Elimination of Sexual Violence in Conflict’ observed?
[A] June 19
[B] June 20
[C] June 22
[D] June 23
Show Answer
Correct Answer: A [June 19]
Notes:
Every year, on June 19, the ‘International Day for the Elimination of Sexual Violence in Conflict’ is observed by the United Nations.
The UN General Assembly proclaimed 19 June of each year as this special day in the year 2015, in order to raise awareness to prevent conflict-related sexual violence, to honour the victims and survivors of sexual violence. The day also pays tribute to people who have fought against this crime and laid down their lives. On the same day in 2008, the Security Council resolution condemning sexual violence as a tactic of war, was adopted.
35. Which Indian stock exchange has become the world’s 10th largest exchange with market capitalisation of $1.7 trillion?
[A] National Stock Exchange
[B] Bombay Stock Exchange
[C] Calcutta Stock Exchange
[D] Madras Stock Exchange
Show Answer
Correct Answer: B [Bombay Stock Exchange]
Notes:
India’s first listed stock exchange Bombay Stock Exchange (BSE) has featured among the world’s 10 largest exchanges in terms of cumulative market capitalisation of all companies listed on its platform.
As per the latest data from the World Federation of Exchanges, BSE stands at the tenth place in the list, with a market capitalisation of USD 1.7 trillion. The list is topped by the New York Stock Exchange (NYSE) with a valuation of USD 19.3 trillion. It is followed by Nasdaq with a market capitalisation of USD 13.8 trillion.
36. India Ideas Summit is an annual conference held to promote trade between India and which country?
[A] Japan
[B] Souh Korea
[C] Russia
[D] United States
Show Answer
Correct Answer: D [United States]
Notes:
The US Chamber of Commerce has recently announced that ‘India Ideas Summit 2020’ is scheduled to be held virtually on July 21-22.
The summit is organised by US India Business Council (USIBC). This year is the 45th annual meeting and will focus on geopolitics in the post-COVID world, technology trends and the future of healthcare, among others. Last year, the Summit was organised in Washington. It brings together scholars, diplomats and think tanks for high-level dialogue on key issues related to India.
37. As per a recent study, the 68 million-year-old egg found nine years ago, might belong to which species?
[A] Mosasaur
[B] Hainosaurus
[C] Tylosaurus
[D] Prognathodon
Show Answer
Correct Answer: A [Mosasaur]
Notes:
As per a new study published in the journal Nature, the 68 million-year-old egg found nine years ago, might belong to Mosasaur.
The fossilised egg is the second-largest to be discovered in the world. It is also the largest soft-shelled egg to be found in Antarctica. Mosasaurs are an extinct species of large marine reptiles which lived in the dinosaur era in Antarctica.
38. NITI Aayog has advised which telecom operator to use an indigenously designed, developed and manufactured (IDDM) solution for its 4G network?
[A] Bharat Sanchar Nigam Ltd (BSNL)
[B] Reliance Jio
[C] Bharti Airtel
[D] Vodafone Idea
Show Answer
Correct Answer: A [Bharat Sanchar Nigam Ltd (BSNL)]
Notes:
The think tank of the Union Government, NITI Aayog has advised Bharat Sanchar Nigam Ltd (BSNL), to use an indigenously designed, developed and manufactured (IDDM) solution for its 4G network.
Earlier, the Government also urged that both BSNL and Mahanagar Telephone Nigam (MTNL) must not use Chinese equipment for the 4G services. BSNL has floated a 4G tender and if NITI Aayog’s recommendation is accepted, it could have an adverse impact on global telecom gear manufacturers, from both China and Europe.
39. Which Indian state is set to become the first state to launch an employment guarantee scheme for urban poor?
[A] West Bengal
[B] Jharkhand
[C] Chhattisgarh
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Jharkhand]
Notes:
Jharkhand is set to become the first state to launch an employment guarantee scheme for urban poor on the lines of the Mahatma Gandhi Employment Guarantee Act (MGNREGA).
The scheme named ‘Mukhyamantri Shramik Yojna’ will guarantee 100 days of work in a financial year for urban unskilled labourers. Under the scheme, if the person doesn’t get work within 15 days of request, unemployment allowance would be given. An urban employment guarantee council would be formed, headed by the Chief Minister and Urban development minister as the vice president.
40. What is the theme of the ‘World Hydrography Day 2020’?
[A] Hydrography enabling autonomous technologies
[B] Work and Contribution of Hydrographers
[C] Opportunity to highlight Hydrography
[D] Celebrating Hydrographic data
Show Answer
Correct Answer: A [Hydrography enabling autonomous technologies]
Notes:
The International Hydrographic Organization (IHO) and its international members celebrate World Hydrography Day every year on June 21.
The day highlights the importance of hydrography and its relevance in the modern world. This year, the theme of the World Hydrography Day is “Hydrography enabling autonomous technologies”. The autonomous technologies include aerial, surface and underwater survey drones as well as autonomous ships.