1. Fraudulent transactions amounting Rs.12,705 crore have been unearthed recently in which financial institution?
[A] ICICI Bank
[B] DHFL
[C] Popular Finance
[D] Sharada Chits
Show Answer
Correct Answer: B [DHFL]
Notes:
It is reported that fraudulent transactions amounting Rs 12,705 crore has taken place in Dewan Housing Finance Corporation Limited (DHFL) during FY17 to FY19. These frauds pertain to development of 2 Slum Rehabilitation Authority (SRA) projects undertaken by DHFL.
This observation was made by “Grant Thornton”, a transaction investigating agency. The assistance of Grant Thornton was sought by the administrator of DHFL appointed under Insolvency and Bankruptcy Code.
2. Which Union Ministry launched the ‘CSIR- Technologies for rural development’?
[A] Ministry of Science and Technology
[B] Ministry of Education
[C] Ministry of Agriculture and Farmers Welfare
[D] Ministry of Rural Development
Show Answer
Correct Answer: A [Ministry of Science and Technology]
Notes:
Union Science and Technology Minister Harsh Vardhan has launched the Council of Scientific and Industrial Research (CSIR) Technologies for Rural Development.
The technologies have been launched under a joint initiative of CSIR, Unnat Bharat Abhiyan (UBA), Indian Institute of Technology Delhi (IITD) and Vijnana Bharti (VIBHA). The technologies include improved beehive, dehumidified drier and agricultural waste-based biodegradable plates.
3. The “Ambedkar Social Innovation and Incubation Mission (ASIIM)” has been launched by which ministry?
[A] Ministry of MSME
[B] Ministry of Social Justice and Empowerment
[C] Ministry of HRD
[D] Ministry of Tribal Affairs
Show Answer
Correct Answer: B [Ministry of Social Justice and Empowerment]
Notes:
The Ambedkar Social Innovation and Incubation Mission (ASIIM) has been launched by the Ministry of Social Justice and Empowerment under the Venture Capital Fund for SCs.
The mission has been launched with an aim to promote innovation and entrepreneurship among Scheduled Caste students studying in higher educational institutions.
4. 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.
5. The custom-made aircraft “Air India One” is manufactured by which company?
[A] DRDO
[B] Boeing
[C] Air Bus
[D] Dornier
Show Answer
Correct Answer: B [Boeing]
Notes:
“Air India One” is a custom made B777 aircraft and is manufactured by Boeing. It will be used to fly the President, Vice President and Prime Minister of India.
Another custom-made B 777 plane for the VVIP s would be received shortly from Boeing. These two planes were a part of Air India’s commercial fleet till 2018. They were sent to Boeing for retrofitting them for VVIP travel, at a cost of Rs.8400 crore.
6. 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.
7. India announced a Debt service relief under the G-20 Debt Service Suspension Initiative, to which country?
[A] Nepal
[B] Bangladesh
[C] Myanmar
[D] Sri Lanka
Show Answer
Correct Answer: C [Myanmar]
Notes:
The 19th round of Foreign Office Consultations between India and Myanmar was recently held through virtual mode.
India committed to provide debt service relief under the G-20 Debt Service Suspension Initiative, for the period May 1, 2020 to December 31, 2020. Both the countries agreed to enhance their mutual cooperation. A Joint Trade Committee Ministerial Meeting is also to be held on October 20.
8. Which organisation has developed highly purified ‘Antisera’, for Covid-19 treatment?
[A] ICMR
[B] AIIMS
[C] JIPMER
[D] CSIR
Show Answer
Correct Answer: A [ICMR]
Notes:
The Indian Council of Medical Research (ICMR) has developed highly purified ‘Antisera’ for prevention and treatment of Covid-19.
ICMR along with Hyderabad-based Biological E. Limited have developed highly purified antisera, which was raised in animals, for prophylaxis and treatment of COVID-19. This was previously used in medical science to treat many viral and bacterial infections.
9. Who has been appointed as the new Labour secretary to Government of India?
[A] Rajesh Kumar
[B] Apurva Chandra
[C] Rakesh Sharma
[D] Rajeev Shukhla
Show Answer
Correct Answer: B [Apurva Chandra]
Notes:
Apurva Chandra has been appointed as the new Labour Secretary of Government of India. He is a 1988 batch IAS officer belonging to Maharashtra Cadre. He has replaced Heeralal Samariya.
He is an alumnus of IIT Delhi and is a Structural Engineer by education. His first big role will be the implementation of the three labour codes passed by the parliament recently.
10. Indian Navy undertook the process of ‘Aerial Seeding’ to increase green cover in which city?
[A] Mumbai
[B] Vishakhapatnam
[C] Cochin
[D] Chennai
Show Answer
Correct Answer: B [Vishakhapatnam]
Notes:
The Indian Navy along with Greater Vishakhapatnam Municipal Corporation had undertaken Aerial Seeding in Vishakhapatnam.
This initiative is aimed to increase green cover in and around Vishakhapatnam. Over 6.25 tonnes of seed balls were air dropped in five locations from the Naval helicopters.