11. 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.
12. Which bank has launched National Common Mobility Debit Card, with special features like ‘tap and go’ and ‘offline wallet’?
[A] Axis Bank
[B] Karnataka Bank
[C] City Union Bank
[D] Kotak Mahindra Bank
Show Answer
Correct Answer: B [Karnataka Bank]
Notes:
Mangaluru-based Karnataka Bank has launched National Common Mobility Debit Card, with special features like ‘tap and go’ and ‘offline wallet’ payments.
It is a Rupay card and a contactless debit-cum-prepaid and interoperable transport card. As per the bank, users can make payments without inserting the card at PoS terminals.
13. Which book has been selected for 2020 JCB Prize for Literature?
[A] One Arranged Murder
[B] Moustache
[C] A Legal Archival
[D] The Brave
Show Answer
Correct Answer: B [Moustache]
Notes:
The Book named Moustache written by Malayalam writer S. Hareesh and translated to English by Jayasree Kalathil has been selected for the 2020 JCB Prize for Literature.
The prize is worth Rs 25 lakh and is one of the most prestigious literary awards in India. The 2020 shortlist comprised five books, of which Moustache has been selected for the award.
14. Which country has recently brought major relaxation in Islamic laws?
[A] Israel
[B] Saudi Arabia
[C] United Arab Emirates
[D] Jordan
Show Answer
Correct Answer: C [United Arab Emirates]
Notes:
The United Arab Emirates (UAE) has recently announced relaxations to Islamic laws. These relaxations allowing unmarried couples to cohabitate, lifts some restrictions on alcohols and on criminalising honour killings.
This is seen as a major step towards westernisation of the nation and aims to improve personal freedom.
15. Lt. Governor of Jammu and Kashmir has released Gold and silver coins in the name of which God / Goddess?
[A] Shiva
[B] Ram
[C] Vaishno Devi
[D] Krishna
Show Answer
Correct Answer: C [Vaishno Devi]
Notes:
Gold and silver coins in the name of the Vaishno Devi shrine have been released by the Lt. Governor of Jammu and Kashmir Manoj Sinha.
The coins have been released ahead of Diwali festival. The Vaishno Devi shrine board has decided to make the coin available in Jammu as well as in Delhi.
16. Ministry of Power has issued notification to cover which organisations under the Energy Conservation (EC) Act 2001?
[A] Thermal Power Companies
[B] Power Distribution Companies
[C] Solar Power Companies
[D] Wind Energy Companies
Show Answer
Correct Answer: B [Power Distribution Companies]
Notes:
The Ministry of Power has issued notification to cover all the Electricity Distribution Companies (DISCOMs) under the preview of the Energy Conservation (EC) Act 2001.
The DISCOMs will be governed under the various provisions of EC Act, like Appointment of Energy Manager, Energy Accounting & Auditing, identification of Energy Losses etc.
17. India recently set up a Water Centre led by IIT Guwahati, along with which country?
[A] United States
[B] Italy
[C] Australia
[D] Brazil
Show Answer
Correct Answer: C [Australia]
Notes:
Australia-India Water Centre (AIWC) has been recently inaugurated through a Webinar and will be led by University of Western Sydney, Australia and IIT Guwahati, India.
The Centre will also include 21 other partners from India and Australia. It will include collaboration in water research, joint master’s level programme in water futures, student and staff exchanges, workshops and training in water sector.
18. Who represented India in the first BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting?
[A] Narendra Modi
[B] S Jai Shankar
[C] Nirmala Sitharaman
[D] Shaktikanta Das
Show Answer
Correct Answer: C [Nirmala Sitharaman]
Notes:
The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman represented India in the first BRICS Finance Ministers and Central Bank Governors meeting.
The meeting was held under the Russian Chairmanship. The meeting is expected to include discussions on the outcomes of the G20 Saudi Presidency in 2020, a digital platform for the New Development Bank and to expand membership of the New Development Bank.
19. Cellular Operators Association of India (COAT), which was seen in news recently, is set to host which famous conference?
[A] The India Mobile Congress
[B] India Science Congress
[C] Def Expo
[D] India Youth Science Congress
Show Answer
Correct Answer: A [The India Mobile Congress]
Notes:
The India Mobile Congress (IMC) 2020 has been scheduled to be held 8th -10th December, through virtual mode.
Minister of State Sanjay Dhotre announced the fourth edition of the Congress. This event is jointly organized by the Department of Telecommunications (DoT) and Cellular Operators Association of India (COAT).
20. Which state has announced to withdraw general consent to Central Bureau of Investigation (CBI)?
[A] Gujarat
[B] Tamil Nadu
[C] Punjab
[D] Haryana
Show Answer
Correct Answer: C [Punjab]
Notes:
Punjab has become the latest state to withdraw general consent given to the Central Bureau of Investigation (CBI) to investigate cases.
After this resolution, the CBI has to seek permission from the state government to probe every case. As per the related act, all states except Delhi and the Union Territories have the discretion to give their consent to the CBI to probe in the state.