1. Until which month, the Reserve Bank of India has extended the enhanced borrowing facility for banks under MSF?
[A] January 2021
[B] March 2021
[C] April 2021
[D] June 2021
Show Answer
Correct Answer: B [March 2021]
Notes:
The Reserve Bank of India (RBI) has extended the enhanced borrowing facility provided to banks by six more months.
The facility to borrow under MSF scheme to meet liquidity shortage till March 31, 2021. Earlier in the March, the RBI had increased the limit from 2 per cent to 3 per cent of their net demand and time liabilities.
2. Which country has announced plans to distribute 150 million rapid Covid-19 test kits?
[A] UK
[B] USA
[C] India
[D] France
Show Answer
Correct Answer: B [USA]
Notes:
The President of United States of America Donald Trump has announced its plans to distribute 150 million “15 minute” rapid Covid-19 test kits in the coming weeks.
Out of these 50 million test kits would be used for most vulnerable communities of the country, like nursing homes, assisted living facilities etc.
3. Who has topped the IIFL Wealth Hurun India Rich List 2020?
[A] Ratan Tata
[B] Mukesh Ambani
[C] Azim Premji
[D] Anil Ambani
Show Answer
Correct Answer: B [Mukesh Ambani]
Notes:
The Chairman of Reliance Industries Limited – Mukesh Ambani, has topped the IIFL Wealth Hurun India Rich List 2020.
He has been in the top of the list for 9 consecutive years. His total wealth amounts to Rs. 6,58,400 crore and it has grown by 73% in the past one year.
4. Which country announced to impose a gradual ban on using wild animals in circuses?
[A] Russia
[B] United States
[C] France
[D] Germany
Show Answer
Correct Answer: C [France]
Notes:
The Environment Minister of France has announced that it would impose a gradual ban on using wild animals including bears, tigers, lions and elephants in circuses.
It also includes the ban on keeping dolphins and killer whales in captivity in marine parks and raising mink on fur farms. However, the ban does not apply to wild animals in other permanent shows and in zoos.
5. 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.
6. What is the name of the initiative by Defence Ministry to identify innovations created by Indian Armed Forces personnel?
[A] Project Armed Force
[B] Idea Force
[C] iDEX4Fauji
[D] Mission Fauji
Show Answer
Correct Answer: C [iDEX4Fauji]
Notes:
iDEX4Fauji is an initiative launched by the Ministry of Defence to identify innovations created by Indian Armed Forces personnel.
The initiative has been launched to reward innovations identified by members of the Armed Forces and will boost innovative ideas from soldiers/ field formations. The Minister also launched Defence India Startup Challenge-4.
7. Which technology company has committed to pay USD 1 billion for next 3 years to the publishers for their content?
[A] Facebook
[B] Google
[C] Amazon
[D] Apple
Show Answer
Correct Answer: B [Google]
Notes:
Major Tech company Google has planned to pay USD 1 billion to publishers globally for their news over the next three years.
The CEO of Google, Sundar Pichai said the new product called Google News Showcase will be launched first in Germany. It will be unveiled in Belgium, India, the Netherlands and other countries. Google will pay publishers to create high-quality content for the news feature.
8. As per a recent RBI release, what is the value of India’s external debt at the end of June 2020?
[A] USD 554.5 billion
[B] USD 355.5 billion
[C] USD 654.5 billion
[D] USD 754.5 billion
Show Answer
Correct Answer: A [USD 554.5 billion]
Notes:
As per the Reserve Bank of India, India’s external debt stood at USD 554.5 billion at the end of June 2020. It is recorded a decrease of USD 3.9 billion compared to March 2020 level. The main reason for the decrease in external debt was depreciation of INR against major currencies like USD, Euro.
RBI has also stated that external debt to GDP ratio has increased to 21.8 % compared to 20.6 % as of March 2020.
9. Which organization has released a report on Crime against Scheduled Castes (SCs) and Scheduled Tribes?
[A] CBI
[B] NCRB
[C] NCBC
[D] National Administrative Tribunal
Show Answer
Correct Answer: B [NCRB]
Notes:
As per a report titled “Annual Crime in India 2019” published by the National Crime Records Bureau (NCRB), crime against Scheduled Castes (SCs) has increased over 7% and crimes against Scheduled Tribes (STs) has increased over 26% in 2019.
As per the report, Uttar Pradesh has recorded the highest number of crimes against SCs in 2019 followed by Rajasthan and Bihar.
10. The Fast Patrol Vessel “Kanaklata Barua” has been inducted into which Defence force?
[A] Indian Navy
[B] Indian Army
[C] Indian Coast Guard
[D] Indian Air Force
Show Answer
Correct Answer: C [Indian Coast Guard]
Notes:
A Fast Patrol Vessel named “ICGS Kanaklata Barua” has been commissioned into the Indian Coast Guard.
The ship is built by Garden Reach Shipbuilders and Engineers Ltd (GRSE) and is the fifth and last in a series of FPVs built by the company. The ship has been named after a teen age freedom fighter of Assam who was shot dead during the Quit India Movement.