1. India signed agreement with which country, on infrastructure, financial services and sustainable finance?
[A] Russia
[B] Japan
[C] United Kingdom
[D] Bangladesh
Show Answer
Correct Answer: C [United Kingdom]
Notes:
India has recently signed reached landmark agreements on financial services, infrastructure and sustainable finance.
These were signed at the 10th Economic and Financial Dialogue (EFD) between the UK and India. It was jointly chaired by Finance Minister Nirmala Sitharaman and the UK Chancellor Rishi Sunak. This is expected to boost jobs and investments in both countries.
2. Which body has launched ‘National Program and Project Management Policy Framework’ for infrastructure sector’, along with QCI?
[A] Finance Commission
[B] NITI Aayog
[C] National Development Council
[D] World Trade Organisation
Show Answer
Correct Answer: B [NITI Aayog]
Notes:
NITI Aayog and Quality Council of India has recently launched the ‘National Program and Project Management Policy Framework’ (NPMPF).
The report aims to bring radical reforms in the way infrastructure projects are executed in India. Union Road Transport Minister Nitin Gadkari also released the Indian Infrastructure Body of Knowledge (InBoK).
3. What is the name of the report released by “UK India Business Council” (UKIBC)?
[A] UK India Report 2020
[B] Doing Business in India Report 2020
[C] Ease of Doing Business Report 2020
[D] Indian International Business Report 2020
Show Answer
Correct Answer: B [Doing Business in India Report 2020]
Notes:
The UK India Business Council (UKIBC) has released a report named ‘Doing Business in India Report 2020’. The report has been launched by UK Investment Minister Lord Gerry Grimstone.
The report has been compiled based on the inputs from 106 UK organisations operating in India in manufacturing, services, and higher education sectors.
4. The Supreme Court has extended the time line for implementation of permanent commission to women SSC officers in which armed force?
[A] Indian Army
[B] Indian Air Force
[C] Indian Navy
[D] Indian Coast Guard
Show Answer
Correct Answer: C [Indian Navy]
Notes:
The apex judicial body, Supreme Court of India has extended the time line till December 31,2020 for implementation of its judgement on grant of permanent commission to women SSC officers in Indian Navy.
On March 17, 2020 the Supreme Court had cleared permanent commission for women in the Navy and asked the Centre to implement the same within three months.
5. Which country has recently conducted a referendum for euthanasia?
[A] China
[B] Japan
[C] Australia
[D] New Zealand
Show Answer
Correct Answer: D [New Zealand]
Notes:
The people of New Zealand, in a recent referendum have voted to legalise euthanasia. Preliminary results of the referendum showed that 65.2% of voters supported the End of Life Choice Act coming into force as a new law.
The proposed law will permit terminally ill people with less than 6 months of life to choose assisted dying, if approved by 2 doctors.
6. Which category of transaction has crossed 2 billion mark in the month of October?
[A] IMPS
[B] UPI
[C] BHIM
[D] NEFT
Show Answer
Correct Answer: B [UPI]
Notes:
As per the CEO of NITI Aayog, the number of Unified Payments Interface (UPI)-based transactions crossed the 2 billion mark in October 2020.
The UPI transactions grew 80 per cent from 1.14 billion transactions that were recorded in October 2019. This has signified that the digital mode of payments has been widely accepted by the people.
7. The Goods and Services Tax (GST) is determined by which body in India?
[A] Finance Commission
[B] NITI Aayog
[C] GST Council
[D] GST Network
Show Answer
Correct Answer: C [GST Council]
Notes:
The percentage of Goods and Service Tax (GST) is decided by GST Council, headed by the Union Finance Minister.
Ministry of Finance has recently published that the GST revenue that has been collected for the month of October 2020 has crossed Rs 1 lakh crore, which is a highest collection after 8 months. The GST revenue collection for the month of Oct 2020 stood at Rs.1,05,155 crore.
8. Which Racing Driver has won Formula One Emilia-Romagna Grand Prix Tournament?
[A] Sebastien Vettel
[B] Lewis Hamilton
[C] Valtteri Bottas
[D] Max Verstappen
Show Answer
Correct Answer: B [Lewis Hamilton]
Notes:
British Racing Driver Lewis Hamilton has recently won the Formula One Emilia-Romagna Grand Prix Tournament.
Mercedes officially clinched the 2020 constructors’ championship. Another Racing Driver Max Verstappen came second while Valtteri Bottas came at the third spot. Hamilton won his third straight race.
9. Which body has issued a notice to Ministry of Environment and Forests (MoEF) regarding ban on use of fire crackers November 7 to 30?
[A] Supreme Court of India
[B] National Administrative Tribunal
[C] National Green Tribunal
[D] Central Pollution Control Board
Show Answer
Correct Answer: C [National Green Tribunal]
Notes:
The National Green Tribunal (NGT) has recently issued notice to seek response from Ministry of Environment and Forests (MoEF) and four State Governments regarding the ban on use of fire crackers from November 7 to 30 in the interest of public health and environment.
The NGT has also appointed a senior advocate Raj Panjwani and advocate Shibhani Ghosh to assist the tribunal as amicus curiae in the matter.
10. Which state has got the Accelerator for Electronics Technologies (ACE) for nurturing hi tech start-ups?
[A] Tamil Nadu
[B] Kerala
[C] Karnataka
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Kerala]
Notes:
The state of Kerala has got the Accelerator for Electronics Technologies (ACE), which has been established as a joint initiative of Kerala Start-up Mission (KSUM) and Centre for Development of Advanced Computing (CDAC).
The ACE will develop and evolve itself as a leading accelerator in the electronics technologies sector of India. It will nurture the development of high-tech start-ups in electronics and allied disciplines.