1. What is ‘Ganga Avalokan’, that was seen in news recently?
[A] Campaign
[B] Museum
[C] Commemorative Stamp
[D] Channel
Show Answer
Correct Answer: B [Museum]
Notes:
Prime Minister Narendra Modi inaugurated six mega development projects in Uttarakhand under the Namami Gange Mission.
A first of its kind Museum named ‘Ganga Avalokan’ on the River Ganga at Haridwar, was also inaugurated. The Prime Minister also released a book titled “Rowing Down the Ganges” and a new logo for the Jal Jeevan Mission.
2. India announced establishing a ‘Green Strategic Partnership’ with which country?
[A] Finland
[B] Switzerland
[C] Denmark
[D] France
Show Answer
Correct Answer: C [Denmark]
Notes:
Prime Minister Narendra Modi attended a first virtual summit with his counterpart of Denmark, Mette Frederiksen.
As per the joint statement, the new ‘Green strategic partnership’ will be based on existing Joint Commission for Cooperation for cooperation in various fields including politics, energy, environment and education.
3. Bombay Stock Exchange (BSE) partners with which bank, to empower Small and Medium Enterprises?
[A] Axis Bank
[B] Yes Bank
[C]
Kotak Mahindra Bank
[D] ICICI Bank
Show Answer
Correct Answer: B [Yes Bank]
Notes:
Leading stock exchange, the Bombay Stock Exchange (BSE) announced that it has signed a pact with private sector bank Yes Bank to empower the small and medium enterprises (SMEs).
As per the BSE, the agreement aims to empower SMEs listed on the platform, through awareness and knowledge-sharing programmes, for export promotion and banking and financial solutions. The bank will also offer customised services and products to the listed SMEs.
4. Which automobile company has shortlisted five start-ups to promote innovation in automobile sector?
[A] Maruti Suzuki
[B] Volkswagen
[C] Hyundai
[D] Honda
Show Answer
Correct Answer: A [Maruti Suzuki]
Notes:
India’s largest carmaker Maruti Suzuki India has announced that it has shortlisted five start-ups, as part of its MAIL (Mobility & Automobile Innovation Lab) programme.
With these new companies, Maruti Suzuki is engaged with 14 start-ups under the MAIL programme in the last 18 months. The initiative aims to create innovative business solutions and promote innovation in automobile sector.
5. Syeda Anwara Taimur, who recently passed away, was the only woman Chief Minister of which state?
[A] Assam
[B] Sikkim
[C] Arunachal Pradesh
[D] Mizoram
Show Answer
Correct Answer: A [Assam]
Notes:
Assam’s first and only woman Chief Minister Syeda Anwara Taimur has recently passed away in Australia, at 84 years.
She held various important positions including the Education Minister before becoming the Chief Minister from 1980 to 1981. She was also nominated for a Rajya Sabha term in 1988. She served as MLA for four times during his 4 decade-long political career.
6. Which company has started exploration of Kolar Gold Fields after 16 years?
[A] Reliance Industries Limited
[B] Mineral Exploration Corporation Limited
[C] National Mineral Development Corporation
[D] Coal India Limited
Show Answer
Correct Answer: B [Mineral Exploration Corporation Limited]
Notes:
Mineral Exploration Corporation Limited (MECL) has commenced the exploration of the Kolar Gold Fields (KGF) in Karnataka. MECL is a Mini Ratna PSU under the Ministry of Mines.
This mining activity is expected to help resolve Bharat Gold Mines Limited (BGML) issue over exploration of the gold field, which is pending for past 16 years.
7. The Aspirational District Programme (ADP) was launched by which organisation?
[A] NITI Aayog
[B] Oxfam
[C] The Energy and Resources Institute
[D] National Development Council
Show Answer
Correct Answer: A [NITI Aayog]
Notes:
The CEO of NITI Aayog, Amitabh Kant has stated that the organization is fine tuning parameters and indicators used in ranking the 112 Aspirational Districts of India.
The Aspirational Districts Programme (ADP) was launched by the national think tank NITI Aayog in January 2018. It aims to transform 112 most backward districts that have shown relatively lesser progress in key social areas.
8. Which African Nation is celebrating its 60th Independence day on Oct 1, 2020?
[A] South Africa
[B] Nigeria
[C] Egypt
[D] Zimbabwe
Show Answer
Correct Answer: B [Nigeria]
Notes:
Nigeria is celebrating its 60th independence day on Oct 1, 2020. Nigeria gained independence from the imperial Britain on October 1, 1960 and a representative of Queen Elizabeth II handed over Nigeria’s constitution to the country’s new Prime Minister – Abubakar Tafawa Balewa. The African country became a republic three years later.
9. The E Way Bill is implemented under the aegis of which body?
[A] Central Board of Direct Taxes
[B] Central Board of Indirect Taxes and Customs
[C] Enforcement Directorate
[D] Finance Commission
Show Answer
Correct Answer: B [Central Board of Indirect Taxes and Customs]
Notes:
The E Way bill system is being implemented by the Central Board of Indirect Taxes and Customs (CBIC). It is an Electronic Way bill for movement of goods to be generated on the eWay Bill Portal. A GST registered person cannot transport goods more than Rs.50,000 without an e way bill.
Finance Secretary Dr Ajay Bhushan Pandey has recently stated that more than 5.74 crore e-way bills have been generated in the month of September 2020 which is seen as a sign of revival of business activities in the country.
10. Which Department of the Union Finance Ministry prepares the Union Budget?
[A] Department of Economic Affairs
[B] Department of Revenue
[C] Department of Expenditure
[D] Department of Financial Services
Show Answer
Correct Answer: A [Department of Economic Affairs]
Notes:
The Department of Economic Affairs of the Union Finance Ministry is responsible for preparing the Union Budget.
The Finance Ministry has commenced the exercise for Union Budget 2021-22 by issuing the traditional circular. The Budget is expected to be presented to Parliament on February 1, 2021. The discussions will start from October 16 and continue till the first week of November.