1. The Government has extended the Income tax exemption under leave travel concession (LTC) cash voucher scheme to which segment?
[A] Indian Diplomats
[B] Non-Resident Indians
[C] Non-Central Government Employees
[D] Foreign Nationals residing in India
Show Answer
Correct Answer: C [Non-Central Government Employees]
Notes:
The Government of India has decided to extend the Income tax exemption available under leave travel concession (LTC) cash voucher scheme to non-central government employees also. This is aimed to boost the consumer spending.
Non-central government employees will include employees of state governments, public sector enterprises, banks and private sector.
2. What is the theme of the “Kevadia tourism circuit”, that has been recently inaugurated?
[A] Greatness
[B] Unity
[C] Honesty
[D] Integrity
Show Answer
Correct Answer: B [Unity]
Notes:
Prime Minister Narendra Modi has recently inaugurated 17 tourism projects around the Statue of Unity complex, at Kevadia in Narmada District, Gujarat.
Sardar Patel’s birthday is being celebrated as Ekta Divas. The Prime Minister inaugurated the projects on the same day, and the 17 tourism projects are called the “Kevadia tourism circuit” have been themed around “Unity”.
3. What is the target fixed by the Centre, for the Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs?
[A] Rs 2 lakh Crore
[B] Rs 3 lakh Crore
[C] Rs 5 lakh Crore
[D] Rs 10 lakh Crore
Show Answer
Correct Answer: B [Rs 3 lakh Crore]
Notes:
The Central government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) for Micro Small and Medium Enterprises (MSMEs) till November 30.
As per the Finance Ministry, Loans amounting Rs 2.03 lakh crore have been sanctioned under the ECLGS to over 60 lakh borrowers, where the target was fixed at Rs 3 lakh core. Out of the loans, an amount of Rs. 1.48 lakh crore has been disbursed.
4. Which E-commerce giant has recently acquired mobile gaming start-up Mech Mocha?
[A] Amazon
[B] Flipkart
[C] Snapdeal
[D] Jiomart
Show Answer
Correct Answer: B [Flipkart]
Notes:
E-commerce giant Flipkart has recently acquired mobile gaming start-up Mech Mocha, which runs the first live-social gaming platform, ‘Hello Play’.
After the acquisition, the intellectual property from the start-up and the skilled gaming team will also join Flipkart. This is a part of the Walmart-owned company’s initiatives to engage with users on its platform.
5. The Government has asked which organisation to tie up with rice mills for increasing supply of fortified rice?
[A] Food Corporation of India
[B] Food and Agriculture Organization
[C] The Energy and Resources Institute
[D] World Food Programme
Show Answer
Correct Answer: A [Food Corporation of India]
Notes:
The government has announced that the Food Corporation of India (FCI) has been asked to tie up with rice mills for increasing supply of fortified rice.
The state-run organisation is asked to supply fortified rice through ration shops and other welfare schemes. Out of the 15 states identified for ‘Central scheme on fortified rice and its distribution via public distribution system (PDS)’, five states are implementing it in one district each.
6. 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.
7. Which organisation has rolled out the Co-Lending Model (CLM) for priority sector lending?
[A] State Bank of India
[B] Reserve Bank of India
[C] NABARD
[D] Small Farmers Agri Business Consortium
Show Answer
Correct Answer: B [Reserve Bank of India]
Notes:
The Reserve Bank of India has announced a Co-Lending Model (CLM) scheme for priority sector lending. Under the new scheme, Banks can enter into a prior agreement with NBFCs for co lending of Priority Sector Loans.
The CLM is an improvement over the co-origination of loan scheme announced by the RBI in September 2018.
8. Which state has launched an awareness campaign on burning of Crop residues?
[A] Punjab
[B] Uttar Pradesh
[C] Haryana
[D] Bihar
Show Answer
Correct Answer: B [Uttar Pradesh]
Notes:
Uttar Pradesh has launched an awareness campaign regarding the burning of Crop remains in many parts of the state.
The Chief Minister Yogi Adityanath has asked the farmers of the state not to burn remains of their crops (known as Parali) but to make compost with it. Several volunteers are also involved in creating awareness about pollution.
9. Which technology company has launched a new Small and medium businesses (SMB) guide in India?
[A] Amazon
[B] Facebook
[C] Apple
[D] Flipkart
Show Answer
Correct Answer: B [Facebook]
Notes:
Technology Major Facebook has recently announced that it has launched an offline to online small and medium businesses (SMB) guide.
The company has also launched other new resources to help small and medium businesses. The guide will be publicly available for free while the platform is to be made accessible to 9 million small businesses across the country, which needed it the most.
10. Which educational institution has proposed to set up a Centre of Excellence for the Indian Knowledge System?
[A] IIT Delhi
[B] IIT Mumbai
[C] IIT Kharagpur
[D] IIM Bangalore
Show Answer
Correct Answer: C [IIT Kharagpur]
Notes:
The Indian Institute of Technology (IIT) Kharagpur has proposed to set up a Centre of Excellence for the Indian Knowledge System.
This information has been furnished by the Union Education Minister Ramesh Pokhriyal Nishank. This was announced at the inaugural session of an international webinar titled ‘Bharata Tirtha’ organised by IIT Kharagpur.