Current Affairs Quiz - May, 2021
1. Which country has launched the ‘Tianhe’ module to space?
[A] Russia
[B] Japan
[C] USA
[D] China
Show Answer
Correct Answer: D [China]
Notes:
China has launched the Tianhe module, which is a key component of the new permanent space station of the country. The launch was made using the country’s Long March-5B rocket.
The component launched to space consists of living quarters for crew members. China has proposed to make the space station operational by the year 2022.
2. Which company has constructed India’s first 3D-printed house?
[A] L&T
[B] Tata Construction
[C] Tvasta Manufacturing Solutions
[D] GMR Infra
Show Answer
Correct Answer: C [Tvasta Manufacturing Solutions]
Notes:
Tvasta Manufacturing Solutions which is a start-up firm formed by alumni of IIT Madras in 2016, has constructed India’s first 3D-printed house.
Concrete 3D Printing technology is an automated and computerised manufacturing method, which creates real time 3D structures from a design file.
3. Which body approves the appointment of Finance Secretary of India?
[A] Cabinet Committee on Economic Affairs
[B] Appointments committee of the Cabinet
[C] Banks Board Bureau
[D] Reserve Bank of India
Show Answer
Correct Answer: B [Appointments committee of the Cabinet]
Notes:
The Appointments committee of the Cabinet (ACC) has approved the appointment of present Expenditure Secretary TV Somanathan as the Finance Secretary of Government of India. An order by the Personnel Ministry has been issued in this regard.
He is a 1987-batch Indian Administrative Service (IAS) officer of the Tamil Nadu cadre.
4. Which bank has launched digital platform ‘Merchant Stack’ to provide banking services to retail merchants?
[A] HDFC Bank
[B] ICICI Bank
[C] Axis Bank
[D] Yes Bank
Show Answer
Correct Answer: B [ICICI Bank]
Notes:
India’s leading private lender ICICI Bank recently launched a digital platform ‘Merchant Stack’ to serve over 2 crore retail merchants in the country.
The main features include instant credit facilities, zero-balance current account and digital store management. It provides ‘contactless’ banking services and dynamic credit limit to the customers.
5. Which top contributor of UNFPA recently announced to cut 85% of aid funding pledged to UNFPA?
[A] USA
[B] Russia
[C] UK
[D] China
Show Answer
Correct Answer: C [UK]
Notes:
The UN Population Fund announced that the United Kingdom Government has decided to cut 85% of aid funding pledged to the United Nations global family planning programme.
While the UK had pledged £154m for its projects, it is set to contribute only £23m this year. The UNFPA said the UK’s decision would be devastating for women and girls and their families across the world.
6. The Network for Greening the Financial system (NGFS) was launched at which conference?
[A] 1992 Rio Earth Summit
[B] 2014 UN Climate Summit
[C] 2017 Paris One Planet Summit
[D] 2018 Global Climate Action Summit
Show Answer
Correct Answer: C [2017 Paris One Planet Summit]
Notes:
The Network for Greening the Financial system (NGFS) was launched at the Paris One Planet Summit on December 2017.
It is a group of Central banks and supervisors willing to share the best practices and contribute to the development of the environment and climate risk management in the financial sector. The Reserve Bank of India (RBI) has recently joined the NGFS Group as a Member.
7. ‘Indian Ocean humpback dolphin’ is categorised under which group in the IUCN Red list?
[A] Extinct in the Wild
[B] Endangered
[C] Vulnerable
[D] Least Concern
Show Answer
Correct Answer: B [Endangered]
Notes:
The Indian Ocean humpback dolphin is a member of the Ocean Dolphin family, which occupy coastal areas ranging from Southern Africa to Western Indochina.
The dolphins are included in the international Union for Conservation of Nature’s list of ‘endangered species. Recently, two Indian Ocean humpback dolphins, were found dead in two separate spots at Mumbai.
8. Which policy/act has been revised to allow the import of oxygen concentrators for personal use in India?
[A] Foreign Trade Policy
[B] New Industrial Policy
[C] Essential Commodities Act
[D] Disaster Management Act
Show Answer
Correct Answer: A [Foreign Trade Policy]
Notes:
The Indian Government has revised the Foreign Trade Policy, 2015-2020 and allowed the import of oxygen concentrators for personal use, amid a surge in Covid-19 cases in the country.
According to a notification of the Directorate General of Foreign Trade (DGFT), oxygen concentrators have been added to the list of exempted categories, where customs clearance is sought as ”gifts”. They can be procured through post, courier or e-commerce portals and the exemption is allowed till July 31, 2021.
9. The Benin Bronzes are a group of sculptures, originally found in which present day country?
[A] Albania
[B] Nigeria
[C] Bulgaria
[D] Greece
Show Answer
Correct Answer: B [Nigeria]
Notes:
The Benin Bronzes are a group of over a thousand metal plaques and sculptures which were placed in the royal palace of the Kingdom of Benin, the present-day Nigeria.
Germany announced that it would start returning the artefacts known as the Benin bronzes that are held in its museums to Nigeria from next year. British soldiers seized thousands of the sculptures in 1897 during a raid on the Kingdom of Benin. They were then auctioned to many other countries.
10. Turkey has brought which type of firms into the ambit of anti-money laundering and terrorism financing regulation?
[A] Pharmaceutical Firms
[B] Money Exchange Firms
[C] Foreign Exchange Firms
[D] Cryptocurrency Trading Firms
Show Answer
Correct Answer: D [Cryptocurrency Trading Firms]
Notes:
The Government of Turkey’s official gazette recently added the firms involved in Cryptocurrency Trading, into the ambit of anti-money laundering and terrorism financing regulation.
This amendment has come into force with immediate effect. This regulation includes all crypto asset service providers operating the country. German’s central bank has banned the use of cryptocurrency for payments and settlements.
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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