Current Affairs Quiz - October, 2020
21. As per the recent announcement of the RBI, which service is to be made available round the clock from December 2020?
[A] NEFT
[B] RTGS
[C] IMPS
[D] BBPS
Show Answer
Correct Answer: B [RTGS]
Notes:
Reserve Bank of India Governor Shaktikanta Das announced that Real Time Gross Settlement (RTGS) payment system will be available round the clock from December 2020.
At present, in the RTGS service, customer transactions are allowed from 7am to 6pm only on a working day. The relaxation of time constraints would make online payment more efficient. The minimum amount to be remitted through RTGS is Rs 2 lakhs with no upper ceiling.
22. The deadline for filing GST annual return for 2018-19 has been extended till which date, as per the announcement made in October 2020?
[A] 31st October, 2020
[B] 31st December, 2020
[C] 31st March, 2020
[D] 1st June, 2020
Show Answer
Correct Answer: A [31st October, 2020]
Notes:
The Union Government has recently extended the deadline for filing GST annual return for the financial year 2018-19 by a month till 31st October of this year.
Taxpayers with aggregate annual turnover above two crore rupees are mandated to furnish the Annual return. Registered persons with aggregate turnover above five crore rupees should furnish reconciliation statement.
23. Sadyr Zhaparov has been appointed as the new Prime Minister of which country?
[A] Kyrgyzstan
[B] Kazakhstan
[C] Oman
[D] Kuwait
Show Answer
Correct Answer: A [Kyrgyzstan]
Notes:
Kyrgyzstan’s Parliament has recently named Lawmaker Sadyr Zhaparov as the country’s new Prime Minister.
This has strengthened the power of President Sooronbay Jeenbekov’s control as his principal opponent and ex-President Almazbek Atambayev was arrested. The country’s Election Commission earlier declared the poll results invalid.
24. Which Country’s cabinet has approved the Law to include Death penalty as the highest punishment for Rape cases?
[A] India
[B] China
[C] Bangladesh
[D] Sri Lanka
Show Answer
Correct Answer: C [Bangladesh]
Notes:
The Bangladesh Cabinet has recently approved the draft law to include death penalty as the highest punishment for rape.
Previously, Lifetime imprisonment was the highest punishment. Bangladesh President Mohammed Abdul Hamid signed the ordinance approving the death penalty for rapists. There have been nationwide protests seeking for the move.
25. The “Garba” folk dance that is seen in the news recently, is associated with which state?
[A] Odisha
[B] Madhya Pradesh
[C] Andhra Pradesh
[D] Gujarat
Show Answer
Correct Answer: D [Gujarat]
Notes:
The “Garba” is a form of folk dance of Gujarat. It is performed during the 9-day celebration of the Navratri festival, in the worship of Goddess Shakti / Durga.
Recently, the Government of Gujarat has disallowed performance of the Garba dance during this year’s Navratri festival, as a part of Covid management in the state.
26. Which Ministry has issued an advisory to all States on “Mandatory action by police in crime against women”?
[A] Ministry of Women and Child Development
[B] Ministry of Social Justice
[C] Ministry of Home Affairs
[D] Ministry of Law
Show Answer
Correct Answer: C [Ministry of Home Affairs]
Notes:
The Union Home Ministry has issued an advisory to all States on “mandatory action by police in crime against women”. The directions include “Zero FIR”, where an FIR can be filed at any police station irrespective of the jurisdiction area.
The victim shall be examined by a qualified doctor within 24 hours from receiving the information of the offence. The advisory also states that the investigation should be completed within 2 months.
27. India has extended USD 400 million loan to which county for financing connectivity projects?
[A] Maldives
[B] Mauritius
[C] South Africa
[D] Nigeria
Show Answer
Correct Answer: A [Maldives]
Notes:
India has recently extended a soft loan of USD 400 million (about Rs 2900 crore) to the Maldives.
The Line of Credit (LoC) has been given by Export-Import Bank (EXIM Bank), to finance connectivity projects in the Maldives. Including the current LoC, India has extended three such loans to Maldives amounting USD 1.2 billion.
28. Which transport company is conducting an online survey to study the travel pattern of commuters?
[A] Indian Railways
[B] Indigo Airlines
[C] Delhi Metro Rail Corporation
[D] Brihanmumbai Electric Supply and Transport
Show Answer
Correct Answer: C [Delhi Metro Rail Corporation]
Notes:
An online survey is conducted by Delhi Metro Rail Corporation (DMRC) to study the travel pattern of the commuters using the metro trains in NCR.
The survey is aimed to avoid overcrowding at metro stations. It would help commuters to plan their travel during peak and off-peak times of the day.
29. Recently, the travel business group Cox & Kings has been classified as wilful defaulter by which bank?
[A] ICICI Bank
[B] State Bank of India
[C] Yes Bank
[D] HDFC Bank
Show Answer
Correct Answer: C [Yes Bank]
Notes:
Recently, Yes Bank has classified Cox & Kings group as wilful defaulters. Also, the Bank has classified Cox & Kings Financial Services, and a related entity named Ezeego One Travel and Tours as wilful defaulters.
Yes Bank has an outstanding exposure of Rs.519.44 crore to Cox & Kings, Rs.944.24 crore to Ezeego One Travel and Rs.398.37 crore to Cox & Kings Financial Services.
30. The ‘STARS’ project, which has been approved by the Union Cabinet, is partially funded by which financial institution?
[A] IMF
[B] World Bank
[C] ADB
[D] AIIB
Show Answer
Correct Answer: B [World Bank]
Notes:
The Union Cabinet has approved the ‘Strengthening Teaching-Learning and Results for States (STARS)’ project, which is partially funded by the World Bank. The programme aims to reform governance as well as teaching and learning outcomes in six States.
The project focuses on early childhood and vocational education. The total outlay of the Project is Rs 5,718 crore, with the World Bank’s support of about Rs 3,700 crore.
The above questions are part of Daily Current Affairs 20 MCQs Series in GKToday's Academy Android Application. This series can be subscribed in the app only for Rs. 750/- for entire year.
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