Current Affairs Quiz - June, 2020
41. Which country hosted the virtual Russia-India-China (RIC) trilateral foreign ministers’ meeting?
[A] China
[B] India
[C] Russia
[D] United States
Show Answer
Correct Answer: C [Russia]
Notes:
Russian Foreign Minister Sergei Lavrov hosted the Russia-India-China (RIC) trilateral foreign ministers’ meeting.
It has been attended by the Union External Affairs Minister of India S Jaishankar and Chinese Foreign Minister Wang Yi. This is the first time the foreign Ministers of India and China are virtually meeting through video conference after the recent standoff between their troops at Ladakh. On June 24, Defence Minister Rajnath Singh attends the Victory parade in Russia.
42. Which country’s super computer has become the fastest in the world?
[A] United States
[B] Japan
[C] China
[D] Germany
Show Answer
Correct Answer: B [Japan]
Notes:
The Japanese supercomputer, Fugaku has been recently named the fastest super computer in the Top500 list, which ranks the most powerful benchmarked supercomputers in the world.
It is powered by chipsets from Advanced RISC Machines (ARM). This marks the first time an ARM-based supercomputer to ever top the list. It also marks the first time Japan has taken the top place since 2011. It is followed by IBM’s Summit supercomputer and IBM’s Sierra supercomputer.
43. Khushinagar Airport, that has been declared as an International Airport, is located in which Indian state?
[A] Maharashtra
[B] Uttar Pradesh
[C] Madhya Pradesh
[D] Karnataka
Show Answer
Correct Answer: B [Uttar Pradesh]
Notes:
The Union Cabinet chaired by the Prime Minister Narendra Modi gave its approval to declare Kushinagar airport as an international airport.
The airport is located in the state of Uttar Pradesh. Kushinagar is a Buddhist cultural site and its declaration as international airport will improve connectivity to several other Buddhist sites including Sravasti, Kapilvastu and Lumbini. As the place is near the international border, it would improve tourism and economic development of the region.
44. Who is set to become first female president of the Marylebone Cricket Club (MCC) in its 233-year history?
[A] Clare Connor
[B] Rachael Heyhoe Flint
[C] Betty Wilson
[D] Cathryn Fitzpatrick
Show Answer
Correct Answer: A [Clare Connor]
Notes:
Former England captain and present Managing Director of women’s cricket England Cricket Board, Clare Connor is set to become the first female president of the Marylebone Cricket Club (MCC) in its 233-year history.
The current President of MCC, Sri Lanka’s veteran cricketer Kumar Sangakkara named Clare Connor as the next Chief, during Annual General Meeting. Sangakkara is to step down from the top position next year. Clare Connor was made an Honorary Life Member of MCC in 2009.
45. In the Credit Guarantee scheme CGSSD, launched to help the distressed MSME sector, what does ‘SD’ stand for?
[A] Small Debt
[B] Sub-ordinate Debt
[C] Stressed Debt
[D] Strategic Debt
Show Answer
Correct Answer: B [Sub-ordinate Debt]
Notes:
Union Micro, Small and Medium Enterprises (MSME) Minister Nitin Gadkari has launched the Credit Guarantee Scheme for Sub-ordinate Debt, CGSSD.
Under the scheme, a guarantee cover of Rs 20000 crore rupees will be provided to the promoters who are willing take loan from banks to invest in their stressed MSMEs as equity. Promoters will be given credit equal to 15 percent of their stake or 75 lakh rupees whichever is lower.
46. Which international football club won the Premier League title, with seven games left?
[A] Chelsea
[B] Manchester City
[C] Liverpool
[D] Arsenal
Show Answer
Correct Answer: C [Liverpool]
Notes:
Liverpool, the professional football club based in Liverpool, England, has recently won the Premier League title, with seven games left to play.
The Liverpool team was confirmed as Champions after thirty years, since they held the title in 1989-90. In this season, Liverpool have an irrefutable 23-point lead over Manchester City. In the last 12 months Liverpool have won the Champions League, the UEFA Super Cup and World Club Cup.
47. Which country has the highest aggregate foreign funds in Swiss Banks, as per the Swiss National Bank (SNB)?
[A] United Kingdom
[B] Hong Kong
[C] India
[D] France
Show Answer
Correct Answer: A [United Kingdom]
Notes:
As per the annual banking statistics released by the Swiss National Bank (SNB), the United Kingdom has the highest aggregate foreign funds parked with the Swiss banks.
It is followed by the US and West Indies. The top-5 countries account for more than 50 per cent of the aggregate funds. India has moved down three places to 77th rank at the end of 2019, accounting for 0.06% of foreign funds. The funds parked by Indians fell by 5.8 per cent in 2019 to 899 million Swiss francs (Rs 6,625 crore).
48. Which Indian state has launched a plan called ‘Maha Parwana’, to attract fresh investments in industries?
[A] Odisha
[B] Maharashtra
[C] Kerala
[D] Gujarat
Show Answer
Correct Answer: B [Maharashtra]
Notes:
The state government of Maharashtra has announced a plan named ‘Maha Parwana’, to attract fresh investments in industries.
Under the scheme, the state will offer several incentives and offer a single-window clearance system for project execution. The state cabinet approved that the companies investing Rs 50 crore or more, are not required to obtain clearances from several departments.
49. 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.
50. How many countries are members of the ASEAN (Association of Southeast Asian Nations), which has held its virtual annual summit?
[A] Eight
[B] Ten
[C] Twelve
[D] Fifteen
Show Answer
Correct Answer: B [Ten]
Notes:
ASEAN (Association of Southeast Asian Nations) leaders have met during the recent annual summit held via video conference.
ASEAN is a regional association with 10 member countries including Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines, Cambodia, Myanmar (Burma), Brunei, Laos. The Chair of ASEAN in 2020 is Vietnam, which hosted the virtual summit, due to travel restrictions amid the Covid-19 pandemic.
The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year.
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