Current Affairs Quiz - June, 2020
41. Which country has suspended H-1B, H-2B, J, and L non-immigrant Visa programs?
[A] China
[B] United States
[C] Russia
[D] Germany
Show Answer
Correct Answer: B [United States]
Notes:
The United States President Donald Trump has recently suspended H-1B, H-2B, J, L and other temporary work permits.
The suspension will be effective till December 31, as per the recent announcement from the White House. The President announced that the entry of additional workers through these temporary Visa programs presents a threat to employment opportunities for Americans affected by the economic damages caused by COVID-19 pandemic.
42. Which international organisation releases its flagship report titled ‘World Economic Outlook (WEO)’?
[A] World Bank
[B] International Monetary Fund
[C] United Nations
[D] World Economic Forum
Show Answer
Correct Answer: B [International Monetary Fund]
Notes:
Washington-headquartered International Monetary Fund releases its flagship report titled ‘World Economic Outlook (WEO)’.
In the recent forecast report, the International Monetary Fund has estimated that the economy is expected to contract by -4.5 per cent, in the fiscal year 2020. IMF has also projected that the Indian economy will bounce back in 2021-22 with a growth rate of around 6%, though it is lower than the 7.4% growth predicted in April.
43. 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.
44. Parvez Jamasji, who recently passed away, was associated with which field?
[A] Politics
[B] Armed Force
[C] Business
[D] Sports
Show Answer
Correct Answer: B [Armed Force]
Notes:
Retired Squadron Leader and Vir Chakra awardee Parvez Jamasji has recently passed away at the age of 77.
The former Air Force officer was awarded Vir Chakra for his gallantry and professional skill displayed as a Flight Lieutenant during the 1971 Indo-Pakistan war. He sustained heavy injuries while conducting helicopter operations.
45. Who is the head of the committee constituted to investigate the fire incident happened in Assam’s Baghjan oil well?
[A] B P Katakey
[B] S P Wangdi
[C] Siddhanta Das
[D] A K Sikri
Show Answer
Correct Answer: A [B P Katakey]
Notes:
The National Green Tribunal has imposed an interim penalty of Rs 25 crore on Oil India, for failing to stop fire in Assam’s Baghjan oil well.
The well was leaking gas uncontrollably for nearly 27 days and it caught fire on June 9, which killed two of the PSU’s firefighters. Recently, a bench comprising Justice S P Wangdi and expert member Siddhanta Das constituted a committee headed by former high court judge B P Katakey to investigate the matter and submit a report.
46. What is the name of the COVID-19 health policy, framed by the Insurance Regulatory and Development Authority (IRDAI)?
[A] Corona Aarogya
[B] Corona Saral
[C] Corona Protect
[D] Corona Kavach
Show Answer
Correct Answer: D [Corona Kavach]
Notes:
According to the guidelines issued by the insurance regulator, the Insurance Regulatory and Development Authority (IRDAI) has directed the general and health insurance companies to offer one short-term Covid-19 policy.
Named as the “Corona Kavach Policy”, the standard health policy would have a tenure period of 3.5 months to 6.5 months, and 9.5 months. As per the guidelines, the mode of payment would be a single premium. Another policy called Corona Rakshak, a standard benefit policy is also to be launched.
47. National Productivity Council (NPC) is an autonomous organisation functioning under which Union Ministry?
[A] Ministry of Human Resources and Development
[B] Ministry of Commerce & Industry
[C] Ministry of MSME
[D] Ministry of Skill Development and Entrepreneurship
Show Answer
Correct Answer: B [Ministry of Commerce & Industry]
Notes:
National Productivity Council (NPC) is a national level autonomous organization under the administrative control of the Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, to promote productivity culture in India.
Recently, Union Commerce Minister Piyush Goyal chaired the 49th Governing Council Meeting of National Productivity Council (NPC).
48. Who is the Chairperson of the 15th Finance Commission?
[A] A K Sikri
[B] N K Singh
[C] Rajiv Kumar
[D] Ranjan Gogoi
Show Answer
Correct Answer: B [N K Singh]
Notes:
Economist and former Indian Administrative Service officer N K Singh is the Chairperson of the 15th Finance Commission.
Recently, the Finance Commission has decided to form a group to develop a mechanism to incentivise states for carrying out the agricultural reforms, that were announced as part of the Rs 20 lakh crore stimulus package. The group consists of Finance Commission member Ramesh Chand, Agriculture Secretary Sanjay Agarwal and Agriculture, Research and Education Secretary T Mahapatra.
49. 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.
50. Which Indian became the youngest umpire to enter International Cricket Council (ICC) Elite Panel?
[A] Srinivas Venkatraghavan
[B] Sundaram Ravi
[C] Nitin Menon
[D] Krish Srikanth
Show Answer
Correct Answer: C [Nitin Menon]
Notes:
The 36-year-old Indian umpire Nitin Menon recently became the youngest member of the International Cricket Council’s Elite Panel of Umpires.
He replaced England’s Nigel Llong for the upcoming 2020-21 season. Nitin Menon has officiated in three Tests, 24 ODIs and 16 T20Is. He is only the third from India to enter the prestigious group after former captain Srinivas Venkatraghavan and Sundaram Ravi. Michael Gough of England (40), had been the youngest in the current panel.
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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