1. Which draft bill has been recently released by the Union Shipping Ministry?
[A] Coastal Shipping Bill
[B] Aids to Navigation Bill
[C] Major Port Authorities Bill
[D] National Waterways Bill
Show Answer
Correct Answer: A [Coastal Shipping Bill]
Notes:
The draft Coastal Shipping Bill, 2020 has been issued by the Union Ministry of Shipping. The draft has been left open for suggestions from the stakeholders and general public.
The draft bill is made available in the Shipping Ministry’s official website and would be available for suggestions till 6th November 2020.
2. 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.
3. Which group took charge of the Mangaluru airport on 50-year lease?
[A] Reliance Group
[B] GMR Infrastructure
[C] Adani Group
[D] GVK Power and Infrastructure
Show Answer
Correct Answer: C [Adani Group]
Notes:
The Adani Group, has recently taken charge of the Mangaluru International Airport. It had earlier won the concession to operate, manage and develop the airport.
The concession agreements for the operations, management and development of the three airports – Mangaluru, Ahmedabad and Lucknow through PPP mode were signed earlier this year, by the Ministry of Civil Aviation.
4. What amount has been released as the 2nd tranche to 16 states and 3 UTs for GST compensation?
[A] Rs 3000 crore
[B] Rs 4500 crore
[C] Rs 6000 crore
[D] Rs 10000 crore
Show Answer
Correct Answer: C [Rs 6000 crore]
Notes:
The Central Government is set to release the second tranche of Rs 6,000 crore to 16 states and 3 union territories.
As per the recent statement from the Finance Ministry, the total amount released to states to meet the compensation shortfall under goods and services tax (GST) under the special window is Rs 12,000 crore.
5. 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.
6. Sanjeet, who won the Alexis Vastine tournament, is associated with which sports?
[A] Formula-1 Racing
[B] Boxing
[C] Weight-Lifting
[D] Chess
Show Answer
Correct Answer: B [Boxing]
Notes:
Indian boxer Sanjeet won gold in the Alexis Vastine international boxing tournament in Nantes in 91 kg category. World silver-medallist Amit Panghal also won gold in 52 kg category.
Ashish Kumar also won gold in the 75kg category opponent pulled out due to injury. Kavinder Singh Bisht won silver while India earned three bronze medals.
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. The Business Expectation Survey is conducted by which body?
[A] NITI Aayog
[B] National Council for Applied Economic Research
[C] National Statistical Office
[D] Confederation of Indian Industries
Show Answer
Correct Answer: B [National Council for Applied Economic Research]
Notes:
The Business Expectation Survey is conducted by National Council for Applied Economic Research (NACER). As per the report of the survey, the Business Confidence Index (BCI) in India rose to 65.5 in the second quarter of FY 20 after recording a sharp drop to 46.4 in the first quarter.
NCAER is a non-profit think tank of economics based at New Delhi. Nandan Nilekani is president of the governing body and Dr Shekhar Shah is current director general of NCAER.
9. Duarte Pacheco has been elected as the President of which international body?
[A] International Monetary Fund
[B] World Bank
[C] International Court of Justice
[D] Inter Parliamentary Union
Show Answer
Correct Answer: D [Inter Parliamentary Union]
Notes:
Duarte Pacheco of Portugal has been elected as the new President of Inter Parliamentary Union (IPU). He would hold the office for the period from 2020 to 2023.
The Inter Parliamentary Union (IPU) is an international organisation of various nations’ parliament. It was established in 1889 and is head quartered at Geneva, Switzerland.
10. The India Meteorological Department (IMD) is to issue forecast for the outbreak of which disease?
[A] Malaria
[B] Dengue
[C] Covid-19
[D] Chikungunya
Show Answer
Correct Answer: A [Malaria]
Notes:
As per the recent statement from the Ministry of Earth Sciences, the India Meteorological Department (IMD) is set to issue forecast for malaria outbreaks from next monsoon.
India has also planned to increase the high-performance computing (HPC) facility from the current capacity of 10 petaflops to 40 petaflops. India is at fourth place after the US, the UK and Japan in HPC, at present.