1. 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.
2. 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.
3. Which company has proposed to invest Rs 3,675 crore in Retail arm of Reliance?
[A] Virgin Atlantic
[B] General Atlantic
[C] Pacific Atlantic
[D] Microsoft
Show Answer
Correct Answer: B [General Atlantic]
Notes:
General Atlantic has proposed to invest Rs 3,675 crore in the Retail arm of Reliance.
With this investment, the company would get 0.84% stake in Reliance Retail Ventures. The fresh investment would value Reliance Retail Ventures at Rs.4.285 lakh crore. This is the second investment of General Atlantic in Reliance after its investment of Rs.6,598.38 crore in Jio.
4. Which body has initiated anti-dumping probe against two products imported from China?
[A] Directorate General of Trade Remedies
[B] Enforcement Directorate
[C] Directorate General of Foreign Trade
[D] Central Board of Excise and Customs
Show Answer
Correct Answer: A [Directorate General of Trade Remedies]
Notes:
Directorate General of Trade Remedies (DGTR), Govt. of India has initiated an anti-dumping probe against two products imported from China.
The probe has been initiated against the import of Hydrofluorocarbon (HFC) Blends (used in refrigerators and air conditioners) and Decor Paper. The probe has been initiated by DGRT after SRF Ltd and ITC Ltd have filed applications seeking investigation on dumping of the two products.
5. The Data Governance Quality Index (DGQI) survey is conducted by which organization?
[A] UNDP
[B] WEF
[C] OEDC
[D] NITI Aayog
Show Answer
Correct Answer: D [NITI Aayog]
Notes:
The Data Governance Quality Index (DGQI) survey is conducted by the nation’s think tank NITI Aayog, by its Development Monitoring and Evaluation Office.
The survey aims to evaluate the performance of different Ministries /Departments in implementing Central Sector Schemes (CS) and Centrally Sponsored Schemes (CSS). Department of Fertilizers has been ranked 2nd among 65 departments under the Data Governance Quality Index survey.
6. The Reserve Bank of India (RBI) approved the appointment of Committee of Directors (CoD) to run which bank?
[A] Yes Bank
[B] Dhanlaxmi Bank
[C] PMC Bank
[D] Lakshmi Vilas Bank
Show Answer
Correct Answer: B [Dhanlaxmi Bank]
Notes:
The Reserve Bank of India (RBI) approved the appointment of Committee of Directors (CoD) to run Dhanlaxmi Bank.
RBI is said to have approved a three-member interim committee of directors, headed by G Subramonia Iyer, to run the bank. Earlier, the shareholders voted out the bank’s MD and CEO Sunil Gurbaxani.
7. 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.
8. The European Union has recently imposed sanctions against which country?
[A] Iran
[B] Azerbaijan
[C] Iraq
[D] Belarus
Show Answer
Correct Answer: D [Belarus]
Notes:
European Union has imposed sanctions against Belarus, the land locked eastern European country.
The sanction has been imposed to pressurize the President to hold fresh elections in the country. Earlier, UK and Canada imposed sanctions against Belarus. It has been alleged by various nations that the elections which took place in Belarus on August 9 was not held by fair means.
9. The Union Government has paid over Rs. 1000 crore to around 40000 farmers for procurement of which food grain?
[A] Wheat
[B] Rice
[C] Maize
[D] Sorghum
Show Answer
Correct Answer: B [Rice]
Notes:
The Central Government has paid around Rs. 1082 crore were paid to over 41 thousand farmers for procurement of paddy on Minimum Support Price.
As per the Consumer Affairs Ministry, as on October 10, the cumulative procurement of Paddy in this Kharif Marketing Season is over 5.73 lakh tonnes. Paddy procurement for the 2020-21 year has also commenced across the procuring States.
10. The Global symposium ‘India PV EDGE 2020’ is organised by which Union Ministry?
[A] Ministry of Power
[B] Ministry of New and Renewable Energy
[C] Ministry of Electronics and Information Technology
[D] Ministry of Communication
Show Answer
Correct Answer: B [Ministry of New and Renewable Energy]
Notes:
Ministry of New and Renewable Energy, NITI Aayog along with Invest India are organising a virtual global symposium ‘India PV EDGE 2020’.
The symposium includes sessions on ‘Modules and Production Equipment’ and ‘Supply Chain’ among others. Around 60 top Indian and global CEOs are expected to attend the event virtually.