1. 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).
2. Which typhoon has recently hit Vietnam killing over 35 people?
[A] Molave
[B] Maysak
[C] Haishen
[D] Noul
Show Answer
Correct Answer: A [Molave]
Notes:
Vietnam has been recently hit by the typhoon Molave and it has caused over 35 deaths. Over 50 people were missing.
Three villages in the country were repeated hit by landslides which are suspected of burying over 40 people in thick mud and debris.
3. The week from 27th October to 2nd November, 2020 is being observed as which special week in India?
[A] Anti-Corruption Week
[B] Vigilance Awareness Week
[C] Financial Literacy Week
[D] Financial Inclusion Week
Show Answer
Correct Answer: B [Vigilance Awareness Week]
Notes:
The week from 27th October to 2nd November, 2020 is being observed as Vigilance Awareness Week in India. This is being organized by the Central Vigilance Commission (CVC). The theme for this year’s Vigilance Awareness Week is Vigilant India, Prosperous India.
Observance of Vigilance Awareness Week every year is a part the Commission’s approach where all stakeholders collectively participate in the preventive vigilance measures and fight against corruption.
4. Which organisation has launched Inflation Expectations Survey of Households (IESH)?
[A] National Housing Bank
[B] NABARD
[C] Reserve Bank of India
[D] State Bank of India
Show Answer
Correct Answer: C [Reserve Bank of India]
Notes:
The nation’s central bank Reserve Bank of India has launched the latest round of Inflation Expectations Survey of Households (IESH). The survey would give vital inputs to RBI for framing the monetary policy.
The survey is conducted regularly in 13 cities namely Ahmedabad, Bengaluru, Bhopal, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, Patna and Thiruvananthapuram.
5. Which body has released a draft model Act and rules on conclusive land titling?
[A] Ministry of Home Affairs
[B] Ministry of Agriculture
[C] NITI Aayog
[D] Land Development Authority of India
Show Answer
Correct Answer: C [NITI Aayog]
Notes:
India’s premier think tank Niti Aayog has recently released a draft model Act and rules on conclusive land titling, to be used by the states. The draft rules aim to reduce litigations and ease the land acquisition process for infrastructure projects.
The draft provides state governments with power to order for establishment, administration and management of a system of title registration of immovable properties.
6. Which organisation has stated that remittances to India would fall this year by 9%?
[A] Reserve Bank of India
[B] International Monetary Fund
[C] World Bank
[D] Bank for International Settlement
Show Answer
Correct Answer: C [World Bank]
Notes:
The World Bank has stated that remittances to India would fall this year by 9% to USD 76 billion, but India will continue to be the top destination for remittance.
The fall in remittance to India would be on account of COVID 19 and the global economic recession. As per the report, India, China, Mexico, Philippines, and Egypt would to be the top five countries in 2020 to receive foreign remittances.
7. Which organisation has launched MSME Credit Health Index, along with the Ministry of Statistics and Programme Implementation?
[A] State Bank of India
[B] Reserve Bank of India
[C] Small Industries Development Bank of India
[D] TransUnion CIBIL
Show Answer
Correct Answer: D [TransUnion CIBIL]
Notes:
TransUnion CIBIL in association with Ministry of Statistics & Programme Implementation (MoSPI) has launched the MSME Credit Health Index.
The index measures the growth and strength of the MSME sector in India. MSME Credit Health Index is built by TransUnion CIBIL using credit data furnished by lending institutions/ banks.
8. What is the name of the Indian Navy’s ship that has carried 100 tonnes of food aid to Sudan?
[A] INS Kalwari
[B] INS Kavaratti
[C] INS Airavat
[D] INS Kolkata
Show Answer
Correct Answer: C [INS Airavat]
Notes:
The Indian Naval Ship Airavat carrying 100 tonnes of food aid has reached Sudan. This is a part of the “Mission Sagar-II” under which Indian Navy would deliver food aid to Sudan, South Sudan, Djibouti and Eritrea.
Earlier in May – June 2020, Mission Sagar was undertaken by the Indian Navy to provide food and medicines to Maldives, Mauritius, Seychelles, Madagascar and Comoros.
9. Visa has partnered with which bank, to deploy PCI certified Tap to Phone card acceptance solution?
[A] ICICI Bank
[B] HDFC Bank
[C] Axis Bank
[D] Yes Bank
Show Answer
Correct Answer: B [HDFC Bank]
Notes:
Visa has recently partnered with Indian leading private sector bank HDFC Bank and Digit Secure, to deploy PCI certified Tap to Phone card acceptance solution.
DigitSecure has become the first company based in Asia-Pacific to receive PCI security certification for deploying this technology. India has also joined a list of over 15 markets that provide Visa Tap to Phone technology for merchants.
10. CARAT is a naval training exercise between which two countries?
[A] India – USA
[B] India – Bangladesh
[C] Bangladesh – USA
[D] USA – Russia
Show Answer
Correct Answer: C [Bangladesh – USA]
Notes:
The Naval Forces of Bangladesh and USA have launched ‘Cooperation Afloat Readiness and Training (CARAT) Bangladesh-2020’.
The naval training would be held in an inline manner due to the prevailing COVID pandemic, while the sea phase of the exercise would take place in Bay of Bengal. The events of the training are designed to enhance interoperability between the two navies.